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    Home»DeFi
    DeFi

    Orbiter Finance Partners with Somnia for Cross-Chain DeFi Growth

    News RoomBy News Room6 days agoNo Comments3 Mins Read
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    Orbiter Finance has announced it’s in a new alliance with Somnia Network, and it’s an important step towards improved blockchain interoperability and greater connectivity for DeFi. The partnership will unite established cross-chain technology at Orbiter and the high-performance at Somnia Layer-1 infrastructure, which will transform the foundation of DeFi application and gaming ecosystems.

    Cross Chain Technology Meets High-Performance Infrastructure

    Somnia Network’s ability to scale more than 1M transactions per second with finality lightning-fast, and EVM Compatibility. This level of performance opens the doors to exciting new opportunities for applications which require real-time interactions and deal with many transactions. The network achieves these impressive figures using its revolutionary MultiStream consensus protocol with its ability to process multiple streams of transactions at once.

    Orbiter Finance, which has processed over 35 million transactions for its 4.3 million users, will get infrastructure to serve its growing user base through this alliance. With this integration, Orbiter users can easily move assets to and from Somnia, with the same productivity they have been guaranteed to have on the platform. Supported networks such as Arbitrum, Optimism, zkSync, Base, and Polygon will make this smooth transition possible.

    Bridging Layer-2 Solutions and High-Performance Blockchains

    Orbiter Finance has positioned itself as an essential infrastructure provider within the Ethereum ecosystem, delivering secure and economical asset transfers across Layer-2 rollups. The platform relies on the innovative Zero-Knowledge proof technology to ensure safe transaction, yet at the same time maintain the gas fee low with its innovative Sender-Maker framework. With the merger of Somnia, Orbiter immediately takes the capabilities of a conventional Layer-2 solution to a whole new level as it takes a bold step into the dynamic realm of high-performance Layer-1 blockchains.

    This strategic initiative addresses the growing demand in the blockchain world for connectivity between the different types of networks in an easy manner. Through strategic partnerships with industry giants like Google Cloud, BitGo, Fireblocks and LayerZero, Somnia demonstrates the dedication to developing a good and enterprise-level ecosystem. Recent partnerships within the Web3 space itself such as the partnership of LoveBit and Salvo Games drive AI-led gaming innovation are examples of the growing trend of strategic partnerships.

    DeFi Campaign to Introduce Next-Generation Capabilities

    The announcement showcases some exciting plans to unveil a DeFi campaign to show how the infrastructure of the future can be realized. Somnia has a smart design to support DeFi protocols that require interactions to be fast and riddled. The lightning-fast finality and low transaction costs of the platform remove the usual impediments that have evaded the scalability of DeFi.

    This collaboration is built up by the fact that Orbiter can facilitate the seamless transfer of assets between different networks with limits at both high-frequency trading and complex lending procedures. The gaming and metaverse sectors are poised for substantial gains, as Somnia has been meticulously crafted with gaming applications at its core. Infrastructure collaborations, such as Somnia’s integration with Fireblocks, showcase the platform’s dedication to delivering robust, enterprise-level security solutions.

    Conclusion

    Orbiter Finance and Somnia Network their cooperation is dealing with major blockchain issues in uniting uniqueness in technology. The cooperation combines Orbiter’s well-known technical solutions of cross-chain bridge technology with Somnia’s revolutionary performance and redefines the new definition of blockchain interoperability. The launch of the DeFi campaign and the integration to come is a significant partnership in making the future of Web3 a seamlessly connected and high-performance industry.

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    News Room is the editorial team behind BlockedCubed, delivering timely news and insights on cryptocurrency, blockchain, and digital finance. Dedicated to clarity and accuracy, the team covers global trends shaping the future of crypto.

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