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Cryptocurrency News Articles

Orbiter Finance Unveils Vizing: Revolutionary ZK-Powered Ethereum L2 Network Ushers in Omni-Connection Era

Apr 01, 2024 at 10:35 pm

Orbiter Finance, a trailblazer in decentralized finance, unveils Vizing, a cutting-edge ZK-powered Ethereum Layer 2 network backed by OKX Ventures. With a user base exceeding 3 million, Orbiter Finance aims to revolutionize the blockchain landscape with Vizing, offering unprecedented security and scalability. The launch of its native token, expected in 2024, will solidify its presence in the ZK-powered L2 network domain and facilitate value transfer, governance, and network incentivization.

Orbiter Finance Unveils Vizing: Revolutionary ZK-Powered Ethereum L2 Network Ushers in Omni-Connection Era

Orbiter Finance Ushers in the Era of Omni-Connection with Vizing, a Revolutionary ZK-Powered Ethereum Layer 2 Network

[Singapore, Singapore, April 1, 2024] – Orbiter Finance, a trailblazing force in the decentralized finance (DeFi) realm, proudly unveils Vizing, a groundbreaking ZK-powered Ethereum Layer 2 (L2) network poised to transform the blockchain landscape. This visionary endeavor is strategically backed by OKX Ventures, the investment arm of the esteemed crypto exchange and Web3 technology powerhouse, OKX.

Bolstered by a highly successful 2022 seed funding round that attracted prominent investors like Tiger Global Management and Matrixport, Orbiter Finance is propelling its momentum into the launch of Vizing. This network represents the zenith of zero-knowledge proof technology, offering unparalleled security and scalability within the Ethereum ecosystem.

Orbiter Finance's cross-chain bridge has already garnered widespread adoption and a burgeoning user base exceeding 3 million. The expansion into L2 networks with Vizing is destined to amplify this success, solidifying Orbiter Finance's position as a formidable player in the ZK-powered L2 network arena.

2024 marks a pivotal year for Orbiter Finance, heralding the eagerly anticipated launch of its native token. The unveiling of the tokenomics and distribution plan will be progressively revealed throughout the year. The token's utility extends beyond the Orbiter Bridge and Vizing, seamlessly integrating into the broader Orbiter Finance ecosystem to facilitate value transfer, governance, and the incentivization of network participants.

Orbiter Vizing transcends the boundaries of a mere network; it embodies the dawn of the "omni-connection" era. This vision entails a seamless, unified interface that empowers users to effortlessly transfer assets and data across all Layer-2 networks. Orbiter Finance is unwavering in its commitment to delivering a comprehensive solution that streamlines the complexities of blockchain interactions for users around the globe.

About Orbiter Finance

Orbiter Finance stands as a pioneering force in the decentralized finance industry, relentlessly innovating and simplifying blockchain technology for global users. With an unwavering focus on security, scalability, and user experience, Orbiter Finance spearheads the next generation of blockchain solutions.

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Other articles published on Nov 08, 2024