As the official statement says, they are happy to share the news that their company will be working with Orbiter Finance, and they can’t hold back their excitement. The goal of this collaboration is to encourage the development of the DeFi infrastructures in terms of technology, usability, and application. This will lead to a better Web3 experience overall and better services.
Nexon Users Able to Move Holdings from ZkSync to any Orbiter Supported Network
Nexon Finance is a zkSync-based lending protocol, and it just released a statement about how it will work with Orbiter Finance, a cross-rollup bridge. The statement discussed how Nexon Finance could borrow money from borrowers via Orbiter Finance. As a direct result of this connection, Nexon users can move their holdings between zkSync and any other networks that Orbiter supports. The public was given access to the beta version of the third phase of the testnet for Nexon Finance.
Nexon Team Hopes this Step to Ease the Users in Moving Assets
The Nexon team is optimistic about the Orbiter bridge, which will let users move assets quickly and cheaply between blockchains like Ethereum, Polygon, BNB Chain, Arbitrum One, StarkNet, and zkSync, among others.
Orbiter enables users to do cross-rollup transactions across cryptocurrencies such as Ethereum, StarkNet, zkSync, Loopring, Arbitrum, Arbitrum Nova, Optimism, Polygon, BNB Chain, ZKSpace, Immutable X, dYdX, Metis, and Boba.
Orbiter employs optimistic schemes during high-frequency transfer procedures, and the platform is not dependent on Rollups’ support for smart contracts. In low-frequency dispute resolution, an SPV technological approach is utilized, which enables rollups’ safety assumptions to be met while retaining the benefits of low-cost and quick transactions.