The bridge connecting the major blockchain networks has set its sights on Fantom, one of the newcomers to the Web3 competition.
Although Ghost is young, it provides the best proof-of-stake (POS) chains have to offer. Scalable, quick, and cost-effective, focusing on hosting DeFi applications.
Fantom has now been linked with Orb, a Layer 3 chain that supports Layer 1 and 2 capabilities, allowing smart contracts to do more advanced tasks.
The spheres themselves are expanding at a tremendous rate. It now offers multi-chain betting on both Ethereum and Polygon, as well as more Tier 3 applications based on its protocol, such as the on-chain activity alert notification tool via the Open DeFi Notification Protocol and the Revault Network, intelligent deposit aggregator, which collects data from hundreds of deposits and automatically optimizes investor holdings across all deposits, thanks to its latest update.
Orbs and Fantom’s integration paves the way for new Fantom-based DeFi applications to include Orbs L3 capability into their protocols.