Orbs’ Tetra Staking Wallet Now Live on DappRadar with Real-Time Multichain Contracts Tracking

DappRadar has listed Orbs’ Tetra staking wallet. Users will now be able to view important information on the Tetra dApp page, including ranking, description, GitHub links, social links, and more. DappRadar has also begun tracking the Orbs staking smart contracts on Polygon and Ethereum.

DappRadar Lists Orbs Tetra Staking Wallet

Orbs (ORBS) has achieved another significant feat in its development and continues to turn heads in the world of decentralized finance (DeFi) and blockchain, as its Tetra staking wallet is now on DappRadar, the world’s number one dapp store.

For the uninitiated, Orbs (ORBS) is a public blockchain infrastructure powered by a decentralized network of permissionless validators using the proof-of-stake (PoS) consensus algorithm. 

Founded in 2017 and launched its mainnet and ORBS token in March 2019, Orbs’ unique features designed for interoperability with the Ethereum Virtual Machine (EVM) compatible blockchains, together with its decentralized networks of nodes, allow it to be set up as a separate execution layer (L3) operating to enhance the capabilities of EVM smart contracts. 

Tetra wallet getting listed on DappRadar is a huge milestone for the Orbs ecosystem. Users of the Tetra staking wallet will now receive the necessary information on the Tetra dapp page, including ranking, GitHub links, social links, and more.

As one of the world’s top dApp stores, DappRadar enables users to explore and track various blockchain-based decentralized applications and their performance. 

Since it went live in 2018, DappRadar has grown to become a crypto industry heavyweight, supporting more than 10,000 dApps, while also offering trusted data and coverage on every tool.

Increased Visibility and Adoption

The Tetra staking wallet listing on DappRadar is expected to significantly improve the tool’s visibility and adoption. There will now be more transparency for all involved, as DeFi market participants will now be able to view the total number of unique active wallets, transaction volume, and other critical info within the Orbs ecosystem. 

Additionally, DappRadar has also begun monitoring the Orbs staking smart contracts deployed across the Polygon and Ethereum blockchains. The combined total value of both smart contracts has surpassed $200 million in staking ORBS using Tetra, a strong indication that users enjoy the streamlined user experience they get from the staking wallet. 

The Orbs project boasts one of the most dedicated and hardworking teams in the industry and this has ensured the continuous growth of Orbs. The team recently unveiled its multichain staking solution as part of Orbs PoS V3.

With the Tetra staking wallet, users can now select their preferred ‘Guardian’ to delegate their voting power and stake ORBS across Polygon and Ethereum. 

The team wrote:

“The option to stake ORBS on polygon makes the Orbs ecosystem more accessible and field broader participation by token holders. Additionally, it helps solidify Orb as a multichain protocol. The multichain support of Orbs grants developers the option to build new features on Polygon due to the network’s efficient scaling and ultra-low fees.”

The Orbs platform is handled by a dedicated team of more than 30 professionals, with offices in Tel Aviv, London, Singapore, Tokyo, and Seoul.

By being interoperable with other layer1 and layer-2 solutions as part of a tiered blockchain stack, Orbs opens up a whole new spectrum of possibilities for DeFi, NFTs, the metaverse, and GameFi.  

At the time of writing, the price of the ORBS token is hovering around $0.07801, according to CoinMarketCap.