2021-10-19 12:02 |
Just another day for the Orbs network, with the latest listing of their native ORBS token. This time on Trader Joe, a one-stop-shop for decentralized trading, which sits on the Avalanche network. It enables its users to trade, to provide liquidity to liquidity pools, to engage in yield farming, staking, lending, and even governance voting.
Trader Joe is the largest DEX and trading platform on the Avalanche network, currently boasting around $900 million locked in value. It experiences a daily trading volume of more than $100 million.
Trader Joe features an ORBS-AVAX pool, which investors can invest in. This is the ORBS against the Avalanche native currency. It means that users may exchange their ORBS for AVAX, as well as bring their liquidity into the pool, in exchange for a yield.
Orbs network expandingThe listing of the ORBS token follows listings on KuCoin, OkEX, Bittrex, and many other leading digital exchanges. For Orbs, the ability to interact with the ORBS token on the Avalanche network is a new feature, enabled by the AnySwap cross-chain bridge. This bridge links up the Ethereum, BSC, and Avalanche ecosystems to enhance the engagement cross-chain.
On top of that, the ORBS token was successfully scanned and whitelisted by AvaScan, the Avalanche block explorer, which means that Orbs can now be tracked on the Avalanche blockchain.
The official ORBS token contract address on Avalanche is: https://avascan.info/blockchain/c/token/0x340fE1D898ECCAad394e2ba0fC1F93d27c7b717A
In order to start working with a new chain that you have never used before, you will need to set up a wallet that is compatible with the chain or configure it for compatibility, then use a bridge like AnySwap. From there, you will need to fund your wallet with AVAX tokens, which covers the transaction fees for using the Avalanche network.
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