Orbiter Finance’s cross-chain bridge has attracted a total of over 3 million users looking to exchange assets between different layer 2 roll-up networks. Additionally, the protocol recently announced a strategic investment from OKX Ventures for an undisclosed amount.
Now the protocol plans to add its own L2 to the mix. That is, the Orbiter Rollup, a new zero-knowledge proof-based “meta layer”. (Orbiter Finance should not be confused with Orbit Chain, a similarly named bridge protocol that was hacked earlier this month.)
The Orbiter team proposes the Orbiter Rollup to prepare for an “omni-connected” future. “By simply clicking the interface, users can transfer not only their assets, but any data across any L2,” the team wrote in the announcement.
With Orbiter Rollup, the protocol hopes to become the layer that accesses all other L2s. “Ultimately, we believe that across the entire Layer 2 environment, users only need one EVM-compatible account to seamlessly navigate the Ethereum ecosystem.” This protocol will compete with other ZK-based L2 networks such as Manta, zkSync, and Polygon zkEVM.
The Orbiter team has not announced any plans for the token. ““The Orbiter Finance team’s primary focus is currently on product development and improving the user experience,” reads an FAQ on its website.
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