Ordibank's next steps: What users can expect in the weeks ahead ๐
A short product-focused outlook:
โข With feedback from the community, we will keep further improving Ordibank's Testnet build & bring it to a final version. A full guide on using the Testnet here: https://t.co/jSAzGctjFX
โข Expect the Mainnet launch of the Compound of the #BTC ecosystem to come shortly afterwards ๐ with the support of all the biggest tokens in the BRC-20 space โ $ORDI, $SATS, $TRAC etc.
โข Addition of cross-collateral support to the Ordibank protocol
โข Prepare for an enhanced user experience after our integration with @OrdiswapLabs' AMM for native BTC L1 swaps ๐
โข The @HalbornSecurity audit is well underway: https://t.co/MgsfuWVsMv
Next to that:
โข 3 more Tier 1-2 CEX listings are in the pipeline & are being worked on
โข More blue-chip partnership announcements ๐
โข Onboarding more leading market makers for $ORBK to ensure the best trading experience
โข Additional growth & marketing activities
Today has marked the mere beginning of the Ordibank journey ๐งก
Join our community โ the cutting edge of Bitcoin DeFi:
โข Telegram: https://t.co/maGZWA7CIG
โข Discord: https://t.co/MgGLNzGS5Z
๐ข New Listing @Ordibank#Bitget will list $ORBK/USDT with 73,000 ORBK up for grabs!
๐นDeposit: opened
๐นTrading starts: 09:30, Mar 11 (UTC)
More details: https://t.co/Qyc0YsuZo5
$ORBK is now LIVE for Trading on @Uniswap, @gate_io, @bitgetglobal & @MEXC_Official ๐
๐ Contract Address: 0xCe6E54DaA1ea95fb3530859d69D4bdb978dd821b
The official pairing on Uniswap is with $ETH.
๐ฆ Uniswap: https://t.co/3j25Wjspbo
๐ Dextools: https://t.co/hzS4GBZedo
.@Ordibank a groundbreaking protocol built on Bitcoin L1 that leverages the logic of Compound Finance in an off-chain balance state processing environment, is coming to #MEXCKickstarter ๐
๐ณVote with $MX to share massive airdrops
๐ $ORBK/USDT Trading: 2024-03-11 09:30 (UTC)
Details: https://t.co/lzxvM3lzU5
$ORBK DEX & CEX Listings ๐๏ธ
We are excited to announce that, next to @Uniswap, $ORBK will also be listing on @gate_io, @bitgetglobal and @MEXC_Official, to begin with.
๐ Date: Monday, March 11th
๐ค Time: 9:30 AM UTC
๐ค Pair: $ORBK / $USDT
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Ordibank ๐ค @OrdiswapLabs
Thrilled to announce a partnership with Ordiswap, the first native AMM on Bitcoin L1.
๐ By integrating Ordiswap's native swap feature into our protocol, we are able to provide an enhanced UX that turbocharges the Compound of #BTC.
We are proud to grow the Bitcoin DeFi ecosystem hand-in-hand with such builders ๐ค
๐ x ๐งช
Check out our Testnet build: https://t.co/Z2H0mmvtHt
Join the official Ordibank community to stay up to date with all of the developments:
โข Telegram: https://t.co/nP6P2QF4cF
โข Discord: https://t.co/jWTgitDV9g
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โ Tokens on Ordibank
$ORBK and cTokens power Ordibank's money markets, enabling governance, fee accrual, and collateralization within the ecosystem.
cTokens (cBTC1 and cBTC2) facilitate minting, redeeming, borrowing, and repaying assets on Ordibank.
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โ Why Ordibank?
The proliferation of idle ERC-20 assets highlighted the necessity for non-custodial, permissionless money markets like Compound.
Similarly, Ordibank will unlock the potential of billions of dollars in inscriptions sitting idle in Bitcoin wallets.
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โ How does Ordibank work?
Ordibank enables users to lend out BTC/BRC-20s/ARC-20s for yield and borrow at competitive interest rates.
It addresses the need for decentralized money markets, inspired by the success of @compoundfinance on Ethereum in the 2020 DeFi Summer.
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Ordibank is a novel money market built on Bitcoin L1, operating as the Compound Finance of the native layer ๐
In a blog, we explore:
โข Compound logic
โข Ordibank's importance to the #BTCFi ecosystem
โข The money market mechanisms
... and more: https://t.co/A0z81bZcUm
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โ What is the Compound logic?
Compound logic differs from traditional lending by pooling users' assets into money markets to determine interest rates algorithmically.
This aggregation simplifies the lending process and enhances efficiency for all participants.
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๐ $ORBK TGE & Listing on March 11 ๐
After a successful @FjordFoundry LBP with 3,250+ participants & a 54x over-subscribed @apeterminal IDO, we are excited to announce the $ORBK TGE date!
$ORBK is the utility token for governance, native fee accrual & more.
More to come ๐
At Ordibank, security is of paramount importance ๐
๐ To that end, we have partnered up with @HalbornSecurity โ one of the top auditors โ to conduct a thorough evaluation of Ordibank's infra.
This will include:
โข Frontend & backend architecture
โข Optimizing code modularity
And who will be the Compound Finance of #BTC, catalyzing the new wave of Bitcoin DeFi? ๐
Ordibank is the L1's first lending protocol unlocking billions of dollars in idle Ordinals & Atomicals ๐
Users can:
โข Lend their $BTC and BRC-20s for yield
โข Borrow at an interest
Join the official Ordibank community to stay up to date with all of the developments:
โข Telegram: https://t.co/nP6P2QF4cF
โข Discord: https://t.co/jWTgitDV9g
We are excited to have you all as part of our journey to innovate the #BTCFi ecosystem, that's just starting! ๐๏ธ
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โข Users can claim their tokens on @FjordFoundry
โข Secondary trading is NOT live yet & $ORBK listing will NOT happen right away
โข Only trust info shared by official Ordibank channels
โข Double-check the $ORBK contract address: 0xCe6E54DaA1ea95fb3530859d69D4bdb978dd821b
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