Web 3.0 Investment Firm DWF Labs Invests $10 Million in Orbs Ecosystem Via Token Purchase

DWF Labs invests $10 million via a token purchase in Orbs Ecosystem to nurture the development of Layer 3 solutions.  Web 3.0 multi-stage investment firm DWF Labs officially announced it has joined the Orbs ecosystem, a decentralized execution blockchain layer operating between existing Layer 1 and Layer 2 solutions and the application layer.

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As part of The Open Network's (TON) first-ever global hackathon, Orbs, a public, open, decentralized blockchain infrastructure, has been chosen to serve as host to special offsite workshop events in both Tel Aviv and London.

SpiritSwap will be using Orbs' dTWAP Module for advanced order functionality, and giving traders more ways to make good trades. The dTWAP (Decentralized Time Weighted Average Price) protocol is an advanced way to make orders on a decentralized exchange.

Orbs, the first execution Layer-3 solution inside the crypto arena, has opened up its grant program for teams and developers to work on TON-based apps. TON, a fully decentralized layer-1 blockchain, which was designed by the team behind Telegram and now community-led, focuses on onboarding billions of users worldwide and offering the value propositions of light-speed transactions, micro fees, and user-friendly apps and it's also very environmentally friendly.

The Decentralized Time-Weighted Average Price (TWAP) order protocol from Orbs aims to overcome DeFi's liquidity and volatility issues while unlocking opportunities for traders and platforms. Orbs, the decentralized layer-3 blockchain infrastructure, has introduced a new decentralized Time-Weighted Average Price (TWAP) protocol to support new order types for decentralized exchanges (DEXs) and Automated Market Makers (AMMs).

Leading decentralized layer-3 blockchain Orbs has just announced the launch of a new decentralized time-weighted average price (TWAP) protocol, which will support new order types across decentralized exchanges and automated market makers (AMMs).

Historically, two of the major obstacles to DeFi applications has been depth of liquidity and volatility. For instance, one large position or order can cause disproportionate price swings for the token in question.

Orbs has announced the launch of its Time-Weighted Average Price (TWAP) order protocol. Orbs says TWAP is designed to enable digital asset traders and platforms to scale the hurdles of DeFi liquidity and volatility.