Orbiter Finance
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Revision as of 04:36, 19 March 2023 by Grand Master Pepe (talk | contribs) (Created page with "From this [https://zkxprotocol.medium.com/top-10-starknet-projects-in-2023-5d1c0e3f6ac6 blog] (24-2-2023): ''"Orbiter Finance is a decentralized cross-rollup Layer 2 bridge with a contract only on the destination side. It supports low-cost, instant transfer between ETH mainnet, zkSync, and Arbitrum, the cost is low, and the process is instant.'' ''In Orbiter Finance, there are two roles th...")
From this blog (24-2-2023):
"Orbiter Finance is a decentralized cross-rollup Layer 2 bridge with a contract only on the destination side. It supports low-cost, instant transfer between ETH mainnet, zkSync, and Arbitrum, the cost is low, and the process is instant.
In Orbiter Finance, there are two roles they are Sender and Maker.
- When the Sender initiates a transfer, the Maker provides liquidity for it.
- The smart contract ensures the security of this process.
- If the Maker does bad behaviors and the transfer fails, the Sender can initiate an arbitration request to the contract with Maker’s margin and then get the excess compensation."
