A New Playtime in Digital Finance: Orbs' dLIMIT Makes Trading as Easy as Child's Play Imagine playing a game of tag in the park. There are no adults around, so you and your friends decide the rules and tag each other without anyone else telling you what to do. You trust your friends to play fairly because if they don't, they won't be allowed to play the next time. This is a bit like what 'permissionless validators' do in the world of digital finance. They are trusted players who help to check and confirm each action in a digital financial network, all without needing anyone to grant them permission to do so. Now, imagine if you and your friends decided that the person with the most energy gets to be the "tagger" in the next round. This is somewhat similar to the 'proof-of-stake' method. In the digital world, the person (or in this case, a computer) with the most stake or investment in the system gets to make the next move or decision. So, what does this have to do with Orbs and dLIMIT? Just like how you and your friends create a fun and fair game in the park, Orbs is creating a fair and efficient way to trade in digital finance with its new tool, dLIMIT. Transforming the World of Digital Trading: Orbs' dLIMIT Breakthrough Imagine playing a game of digital trading cards where you can set the price you want to trade at and the game does the rest, finding the best trades and ensuring you always get a fair deal. That's what Orbs is doing for the world of decentralized digital finance with its new solution, dLIMIT. This innovative tool, similar to a smart trading assistant, is all set to revolutionize the way trading is carried out in decentralized exchanges (DEXs). : Vested Interest Disclosure The author is an independent contributor publishing via our . Be it through direct compensation, media partnerships, or networking, the author has a vested interest in the company/ies mentioned in this story. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR brand-as-author program Orbs has created this groundbreaking limit order tool, called dLIMIT, by leveraging their unique Layer 3 (L3) infrastructure. Imagine having a super-smart helper in the game who not only helps you trade your cards at the price you want but also guarantees you get the best deal possible. That's essentially what dLIMIT does for traders in the world of digital finance. This decentralized solution promises to provide a reliable and optimized method of executing limit orders - essentially like placing a trading order at your chosen price and letting the system work out the best deal for you. Ran Hammer, the Vice President of Business Development for Orbs, explained how dLIMIT benefits users of DEXs, "Imagine if you could always trade your cards at the price you want without having to worry about any unfairness. That's exactly what our dLIMIT smart contract does for DEX users. On top of that, we've created a user-friendly template, so just like an easy-to-use game interface, this technology can be smoothly integrated and customized for any DEX platform, making trading as intuitive and informative as possible." The dLIMIT protocol is built on the proven dTWAP protocol, much like a tested strategy in a card game, which has already shown its worth in leading DEXs like QuickSwap and SpookySwap, tallying up millions of dollars in trading volume. The dLIMIT solution, much like the rules of our game, is powered by Orbs' L3 infrastructure and the Orbs Network—a decentralized and public blockchain infrastructure governed by a network of 'Guardians' using a method called Proof-of-Stake consensus. This allows developers to create smart applications that enhance their trading capabilities without relying on traditional centralized server solutions - imagine adding superpowers to your trading cards without having to rely on the game creator! The Orbs Guardians play a role similar to game moderators in the dLIMIT protocol. They run a function utilizing ORBS-Lambda that acts as the single honest bidder, or "taker", required for the dLIMIT protocol to run optimally. Like game moderators who ensure fair play, they keep an eye on the dLIMIT Smart Contract and submit a fair bid when an order is open for bids. These bids are set to include a minimal gas fee (like a small charge for trading cards) and the best possible trade path, making sure that trades executed match the current market prices as closely as possible. Don’t forget to like and share the story!

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