- ORBS is now listing on one of the largest Decentralized Exchanges (DEX) PancakeSwap.
- Orbs recently launched their cross-chain bridge between Ethereum, Orbs chain of choice, and the Binance Smart Chain (BSC).
Orbs is a public blockchain infrastructure that sets its focus on enterprise clients who want to be sure of security, predictable fees and scalability, with the opportunity to isolate between their apps. It brings developers the chance to build smart contracts in literally any language.
Orbs recently launched their cross-chain bridge between Ethereum, Orbs chain of choice, and the Binance Smart Chain (BSC), where PancakeSwap sits. This interoperability means that users can move their tokens backwards and forwards between the two chains using multichain.xyz by Anyswap, taking advantage of the best of both worlds.
PancakeSwap listing ORBS is a major development in the move towards a multi chain approach to decentralized finance. This listing will enhance ORBS trading volume and potentially the price of the token as it becomes more easily tradable.
PancakeSwap is the biggest decentralized exchange currently on BSC in terms of volume of trades, and it claims to be cheaper and faster than Uniswap, although the two DEXs sit side by side in terms of volume locked, with a total of approximately $9 billion apiece. PancakeSwap often sees a 24-hour period volume of more than $1.5 billion.
The partnership with PancakeSwap means those holding ORBS can transfer holdings at a much cheaper rate than they would with Ethereum, and they can maximise their passive income through token yielding on BSC, due to the depth of liquidity this chain brings. BSCs gas fees pale into insignificance when compared with those on the Ethereum network. That means when buying ORBS, it is simply cheaper on BSC-based PancakeSwap.
ORBS holders can place their ORBS-BNB pool, while bringing passive swap fees even as their holdings stay in ORBS. They can swap them back to Ethereum at any time.