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๐๐ซ๐๐ข๐จ๐ง ๐๐๐๐ฅ๐๐ก ๐๐๐ฒ๐๐ซ ๐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐ฆ๐จ๐๐ฎ๐ฅ๐๐ซ ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐๐๐ฌ๐ข๐ ๐ง๐๐ ๐๐จ๐ซ ๐ฌ๐๐๐ฅ๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐ญ๐ก๐๐ญ ๐ก๐๐ฌ ๐ก๐ข๐ ๐ก ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐ฉ๐ฎ๐ญ, ๐ซ๐๐๐๐ฒ ๐ญ๐จ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐ซ๐๐๐ฅ-๐ญ๐ข๐ฆ๐ ๐ญ๐ซ๐๐ง๐ฌ๐๐๐ญ๐ข๐จ๐ง๐ฌ, ๐๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐๐ฅ๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ ๐๐ญ๐ก๐๐ซ๐๐ฎ๐ฆ ๐๐๐จ๐ฌ๐ฒ๐ฌ๐ญ๐๐ฆ.
As an EVM-compatible protocol, Orbion allows developers to use popular tools like MetaMask, Solidity, Hardhat, and Foundry without needing to learn from scratch. This accelerates integration and adoption for dApps across various sectors, ranging from DeFi to GameFi.
With block times of just 0.5 seconds and finality under 3 seconds, Orbion offers a fast, efficient, and cost-effective Web3 experience. Its modular infrastructure also enables this protocol to support various future technologies such as zkVM and WASM, without requiring a hard fork.
Orbion has a utility token named $ORB which is used for gas, staking, and governance mechanisms. Interestingly, its economic model adopts a hybrid approach inspired by EIP-1559, combining tipping and burning mechanisms. A cross-chain bridge to BNB Smart Chain is also available, allowing easy transfer of ORB tokens across networks.
Currently, Orbion is still in the testnet phase, making it an exciting early opportunity for users and developers who want to be part of the early growth stage.
๐ orbionchain.com
#Orb #orbion
As an EVM-compatible protocol, Orbion allows developers to use popular tools like MetaMask, Solidity, Hardhat, and Foundry without needing to learn from scratch. This accelerates integration and adoption for dApps across various sectors, ranging from DeFi to GameFi.
With block times of just 0.5 seconds and finality under 3 seconds, Orbion offers a fast, efficient, and cost-effective Web3 experience. Its modular infrastructure also enables this protocol to support various future technologies such as zkVM and WASM, without requiring a hard fork.
Orbion has a utility token named $ORB which is used for gas, staking, and governance mechanisms. Interestingly, its economic model adopts a hybrid approach inspired by EIP-1559, combining tipping and burning mechanisms. A cross-chain bridge to BNB Smart Chain is also available, allowing easy transfer of ORB tokens across networks.
Currently, Orbion is still in the testnet phase, making it an exciting early opportunity for users and developers who want to be part of the early growth stage.
๐ orbionchain.com
#Orb #orbion
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The European Central Bank lowers interest rates by 25 basis points!
According to AFP, on January 30, the European Central Bank announced a reduction of 25 basis points in its three key interest rates. This marks the fifth rate cut since the bank announced a reduction in June 2024. Following this rate cut, the eurozone deposit facility rate, main refinancing rate, and marginal lending rate are now set at 2.75%, 2.90%, and 3.15%, respectively.
European Central Bank President Christine Lagarde stated at the press conference that the current level of interest rates remains 'restrictive' for the economy and has not yet reached a 'neutral' level. Given the current situation, it is 'too early to discuss when to stop cutting rates.'
'We know the direction we want to move forward, and we will continue to move in that direction.' Lagarde believes that further policy easing is necessary primarily due to the ongoing decline in eurozone inflation and the expectation that future economic growth will remain 'weak.'
In addition, the European Central Bank is also concerned about the trade war threats posed by the new U.S. President Trump. 'The escalation of global trade frictions could dampen eurozone economic growth by impacting exports,' Lagarde warned.
With global economic growth sluggish, it's getting harder to make money, folks. Treasure the resources you have, avoid reckless actions, make every transaction count, and cherish every step!
According to AFP, on January 30, the European Central Bank announced a reduction of 25 basis points in its three key interest rates. This marks the fifth rate cut since the bank announced a reduction in June 2024. Following this rate cut, the eurozone deposit facility rate, main refinancing rate, and marginal lending rate are now set at 2.75%, 2.90%, and 3.15%, respectively.
European Central Bank President Christine Lagarde stated at the press conference that the current level of interest rates remains 'restrictive' for the economy and has not yet reached a 'neutral' level. Given the current situation, it is 'too early to discuss when to stop cutting rates.'
'We know the direction we want to move forward, and we will continue to move in that direction.' Lagarde believes that further policy easing is necessary primarily due to the ongoing decline in eurozone inflation and the expectation that future economic growth will remain 'weak.'
In addition, the European Central Bank is also concerned about the trade war threats posed by the new U.S. President Trump. 'The escalation of global trade frictions could dampen eurozone economic growth by impacting exports,' Lagarde warned.
With global economic growth sluggish, it's getting harder to make money, folks. Treasure the resources you have, avoid reckless actions, make every transaction count, and cherish every step!
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