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Tetra Staking Wallet Listed on DappRadar, Orbs Gears Up in DeFi

Published 04/21/2022, 04:00 AM
Tetra Staking Wallet Listed on DappRadar, Orbs Gears Up in DeFi

  • Orbs blockchain’s Tetra staking wallet is now listed on DappRadar.
  • This helps users receive all significant information on the Tetra dapp page.
  • Also, the listing makes Tetra visible to wider blockchain users.

Orbs, a decentralized public blockchain, is on its way to creating a crucial milestone. The Tetra staking wallet of Orbs is now listed on DappRadar. By this, Orbs users will receive all the necessary information on the Tetra dapp page. This includes a description, ranking, GitHub links, social links, and many more.

Additionally, DappRadar has started monitoring the Orbs staking smart contracts deployed across Polygon and Ethereum. The combined Total Value Locked (TVL) of these contracts has exceeded $200 million in staking ORBS using Tetra. This denotes that many users appreciate the staking wallet, as it offers a streamlined user experience.

Moreover, the listing on DappRadar makes Tetra discoverable to a wider blockchain audience. As their data brings transparency, all involved users can see unique active wallets and transaction volumes within the Orbs ecosystem. Furthermore, users can stake ORBS across Polygon and Ethereum with the help of the Tetra wallet. This wallet helps users opt for a Guardian to delegate their voting power and engage in staking.

The ORBS staking option on Polygon allows the Orbs platform to be more accessible and gears up broader participation of token holders. Also, this option helps to solidify Orbs as a multichain protocol, which provides developers the chance to build new features on Polygon.

Founded in 2017, Orbs is a public blockchain infrastructure executed by a decentralized network of permission-less validators using Proof-of-Stake (PoS) consensus. The platform launched its mainnet and token in March 2019. Orbs is being developed by a dedicated team of over 30 people, with offices in Tel Aviv, London, Tokyo, Singapore, and Seoul.

Orbs has unique features designed for interoperability with EVM-compatible blockchains, together with its decentralized network of nodes. This allows Orbs to be set up as a separate execution layer (Layer3) that operates to enhance the capabilities of EVM smart contracts.

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