Orbs Announces Animoca Brands Japan as New Guardian of Its Layer 3 Network

Tel Aviv, Israel, September 11th, 2024, Chainwire

Layer 3 network Orbs has announced that Animoca Brands Japan has become the latest Guardian to join its ecosystem. The Japanese subsidiary of the global gaming and web3 giant will run a validator node on Orbs’ L3 to help maintain its stability and security.

As a strategic subsidiary of Animoca Brands Corporation Limited, Animoca Brands Japan is a major player in the web3 space. Established to support Japanese intellectual property and content holders, including major publishers, brands, educational institutions, sports organizations, and game developers, Animoca Brands Japan brings a wealth of expertise and an extensive network to the Orbs ecosystem.

Animoca Brands Japan joins a high-quality group of Guardians tasked with supporting the continued success of the Orbs network. Orbs Guardians are essential to the network’s proof-of-stake mechanism and provide the backbone for Orbs’ Layer 3 technology. This provides DeFi platforms with decentralized backend solutions, offering scalable, efficient, and secure trading capabilities without the need for centralized infrastructure.

Guardians are crucial in ensuring Orbs’ core protocols operate with robustness, efficiency, and stability:

dTWAP & dLIMIT: Advanced trading order solutionsLiquidity Hub: Aggregated liquidity for DEXsPerpetual Hub: A comprehensive suite for decentralized perpetuals platformsThese protocols deliver CeFi-level execution to DeFi platforms and are integrated with leading projects such as PancakeSwap, Sushiswap, QuickSwap, and SpookySwap. Orbs’ Liquidity Hub protocol has become the industry standard for delivering superior DEX pricing.

The onboarding of Animoca Brands Japan further strengthens Orbs’ liquidity solutions, which are now integrated into a host of L2 networks and protocols. As a Guardian, Animoca Brands Japan will power Orbs’ protocols, which are widely used by entities such as traders, third-party solvers competing to fill swaps using on-chain liquidity, and professional traders such as market makers. In the process, Animoca Brands Japan will raise awareness of Orbs technology across Asia while helping to grow its ecosystem.

About Animoca Brands Japan

Animoca Brands KK was established with the aim of supporting the global Web 3.0 strategies of Japanese intellectual property and content (IP) holders, such as major publishers, brands, education, sports organizations, athletes, artists, and game companies. It is a strategic subsidiary in Japan of Animoca Brands Corporation Limited, a global leading Web 3 company based in Hong Kong. Specifically, it will build and provide a platform that utilizes blockchain technology, providing a mechanism for intellectual property and IP holders to have their own ecosystem in Web 3.0 and issue NFTs and tokens within it. This will help them directly connect with global fans, build communities, and mature them.

Learn more: https://animocabrands.co.jp/

About Orbs

Orbs is a decentralized Layer-3 (L3) blockchain specifically designed for advanced on-chain trading.

Utilizing a Proof-of-Stake consensus, Orbs acts as a supplementary execution layer, facilitating complex logic and scripts beyond the native functionalities of smart contracts. Innovative protocols like dLIMIT, dTWAP, Liquidity Hub, and Perpetual Hub push the boundaries of DeFi and smart contract technology, introducing CeFi-level execution to on-chain trading.

The project's core team comprises over thirty dedicated contributors globally from Tel Aviv, London, New York, Tokyo, and Seoul.

For more information, please visit www.orbs.com, or join our community at:

Telegram: https://t.me/OrbsNetwork

Twitter: https://twitter.com/orbs_network

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This article was originally published on Chainwire

Source: Investing.com