Moreover, Revault continuously indexes every vault in the DeFi landscape to provide optimal returns for all assets. Should a better vault be identified, users can relocate their assets with one click after receiving a notification. DeFi introduces numerous opportunities to let users optimize their APY, and Revault helps automate and streamline this process.
The decision to integrate Orbs Network into Revault is meant to counteract a few centralized features Revault still has. It is necessary, as current EVM-based Layer-1 and Layer-2 chains are not designed to offer proper infrastructure to execute such features efficiently. Orbs changes that narrative for the better through its unique hybrid architecture.
The EVM-compatible nature of Orbs makes it interoperable with Ethereum, BNB Chain, Polygon, and Avalanche. Moreover, it provides the necessary infrastructure to enhance EVM smart contracts and their capabilities without compromising decentralization.
Furthermore, Orbs' Layer-3 initiative offers value to the broader DeFi ecosystem. Numerous "L3 applications" have sprung up, including the Open DeFi Notification Protocol. That protocol provides DeFi users with decentralized and free mobile notifications for any on-chain event they want to be subscribed to, including supply changes, large transactions, etc.
DeFi is designed around bringing more utility to users and helping them extract more value. Both options are now possible through the Orbs Layer-3 solution.
About Orbs
Orbs is a public blockchain infrastructure designed for mass usage applications. The Orbs protocol is decentralized and executed by a public network of permissionless validators using Proof-of-Stake (PoS) consensus.
Orbs unique features designed for interoperability with EVM-compatible blockchains, together with its decentralized network of nodes, allow it to be set up as a separate execution layer ("L3" ) operating to enhance the capabilities of EVM smart contracts. By working in conjunction with...