Orbs, a decentralized public blockchain, is on its way to achieving a big goal. As of today, DappRadar has added Orbs Tetra’s Tetra staking wallet to its list of apps. This means that people who use Orbs will get all the information they need on the Tetra dapp page. All of this is in the “About” section.
In addition, DappRadar has started keeping an eye on the Orbs staking smart contracts that are running on both Polygon and Ethereum. The Total Value Locked (TVL) of these contracts has topped $200 million in staking ORBS with Tetra. This means that many people like the staking wallet because it is easy to use.
Furthermore, Tetra’s listing on DappRadar makes it more accessible to a wider group of people who use blockchain. As their data makes the Orbs ecosystem more transparent, all users can see which wallets are active and how much money has been moved in and out of them. Users can also stake ORBS across Polygon and Ethereum with the help of the Tetra wallet, which lets them do this. This wallet lets people choose a guardian who can vote for them and help them with staking.
It’s easier for people to use the Orbs platform because Polygon now lets people stake their tokens. This means more people will be able to use the platform. Because Orbs are a multi-chain protocol, this option helps to make it even more stable. This means that Polygon developers can build new features on top of it.
Orbs is a public blockchain infrastructure that runs on a decentralized network of permissionless validators that uses Proof-of-Stake (PoS) consensus. It was founded in 2017. When the platform launched its main net and token in March 2019, it did so in the same year. There are more than 30 people working on Orbs, and they have offices in Tel Aviv, London, Tokyo, Singapore, and Seoul. They’re all working hard to make the game better and better.
In addition to their network of nodes, orbs have unique features that make it work with EVM-compatible blockchains. This allows Orbs to be set up as a separate execution layer (Layer3) that works with EVM smart contracts to make them more powerful.