Revolutionizing Layer 2 Networks: Orbiter Finance’s Vizing zkEVM Initiative

[PRESS RELEASE – Singapore, Singapore, April 1st, 2024]

Orbiter Finance, a trailblazer in the decentralized finance sector, is thrilled to announce the development of Vizing, a state-of-the-art ZK-powered Ethereum layer 2 network designed to redefine the blockchain landscape. This groundbreaking initiative is supported by the strategic backing of OKX Ventures, the investment arm of the renowned crypto exchange and Web3 technology company OKX.

Following a successful 2022 seed funding round with prominent investors such as Tiger Global Management and Matrixport, Orbiter Finance is leveraging this momentum to launch Vizing. This network embodies the pinnacle of zero-knowledge proof technology, offering unprecedented security and scalability within the Ethereum ecosystem.

With a robust user base exceeding 3 million, Orbiter Finance’s cross-chain bridge has already established a high reputation and widespread adoption. The expansion into L2 networks with Vizing is set to amplify this success, positioning Orbiter Finance as a dominant force in the ZK-powered L2 network domain.

The year 2024 marks a significant milestone for Orbiter Finance with the anticipated launch of its native token. The unveiling of the tokenomics and distribution plan will progressively unfold throughout the year. The token’s functionality transcends the Orbiter Bridge and Vizing, integrating into the broader Orbiter Finance ecosystem to facilitate value transfer, governance, and incentivization of network participants.

Orbiter Vizing is not merely a network; it is the harbinger of an “omni-connection” era. This vision entails a seamless, unified interface allowing users to effortlessly transfer assets and data across all Layer-2 networks. Orbiter Finance is committed to delivering a one-stop solution that simplifies the complexities of blockchain interactions for users worldwide.

About Orbiter Finance

Orbiter Finance is a pioneering entity in the decentralized finance industry, dedicated to innovating and simplifying blockchain technology for global users. With a focus on security, scalability, and user experience, Orbiter Finance is at the forefront of the next generation of blockchain solutions.

The post Revolutionizing Layer 2 Networks: Orbiter Finance’s Vizing zkEVM Initiative appeared first on CryptoPotato.