Orbs continue to turn heads in the DeFi and blockchain world. Its Tetra staking wallet is now on DappRadar, improving the tool’s visibility and overall adoption.
Tel Aviv, Israel–(Newsfile Corp. – April 21, 2022) – Orbs checks off another crucial milestone as its Tetra staking wallet is now tracked by DappRadar. As one of the world’s dapp stores, DappRadar allows users to explore and track crypto dapps and their performance. Since its launch in 2018 DappRadar has become an industry powerhouse, supporting over 10,000 decentralized applications and offering trusted data and coverage on every tool.
Now that Tetra has been listed by DappRadar, users receive all the necessary information on the Tetra dapp page. This includes a description, ranking, GitHub links, social links, etc.
In addition, DappRadar has begun monitoring the Orbs staking smart contracts deployed across Polygon and Ethereum. The combined Total Value Locked (TVL) of these contracts has surpassed $200 million in staking ORBS using Tetra. It confirms that many appreciate the staking wallet, because it offers a streamlined user experience.
Being listed on DappRadar makes Tetra discoverable for the wider blockchain audience. Their data brings transparency for all involved, allowing all to see unique active wallets and transaction volumes within the Orbs ecosystem. That ecosystem continues to grow and accelerate. The team recently unveiled its multichain staking solution as part of Orbs PoS V3.
Users can stake ORBS across Polygon and Ethereum with the help of the Tetra wallet. That wallet helps users select a Guardian to delegate their voting power and engage in staking.
The option to stake ORBS on Polygon makes the Orbs ecosystem more accessible and fuels broader participation by token holders. Additionally, it helps solidify orbs as a multichain protocol. The multichain nature of Orbs grants developers the option to build new features on Polygon due to the network’s efficient scaling and lower fees.
Orbs is a public blockchain infrastructure executed by a decentralized network of permission-less validators using Proof-of-Stake (PoS) consensus.
Orbs’ unique features designed for interoperability with EVM-compatible blockchains, together with its decentralized network of nodes, allow it to be set up as a separate execution layer (“L3” ) operating to enhance the capabilities of EVM smart contracts. By working in conjunction with other L1 and L2 solutions as part of a tiered blockchain stack, Orbs opens up a whole new spectrum of possibilities for DeFi, NFT, Metaverse and GameFi.
Orbs was founded in 2017 and launched its mainnet and token in March of 2019. Orbs is being developed by a dedicated team of more than 30 people, with offices in Tel Aviv, London, Singapore, Tokyo and Seoul.
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