Hassan Maishera
Layer 3 network Orbs announced on Wednesday, September 11th, that Animoca Brands Japan has become the latest Guardian to join its ecosystem.
In a press release shared with Cryptowisser, Orbs said 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.
Animoca Brands Japan supports Japanese intellectual property and content holders, including major publishers, brands, educational institutions, sports organizations, and game developers. As a result, it brings a wealth of expertise and an extensive network to the Orbs ecosystem.
Orbs revealed that Animoca Brands Japan joins a high-quality group of Guardians tasked with supporting the continued success of the Orbs network. Orbs Guardians are important 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 (dTWAP &dLIMIT, Liquidity Hub, and Perpetual Hub) operate with robustness, efficiency, and stability:
Orbs’ 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 integration 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 be tasked with powering 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. Furthermore, Animoca Brands Japan will raise awareness of Orbs technology across Asia while helping to grow its ecosystem.
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.
Meanwhile, 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.
