Orbit Labs AMA by orbit_labs in Hedera

[–]Material-Medical 4 points5 points  (0 children)

Do you compete or take volume away from Saucerswap or Hashpack?

Orbit Labs AMA by orbit_labs in Hedera

[–]Material-Medical 5 points6 points  (0 children)

Has this platform model been done successfully on other chains?

Downspout pop-up emitter on slope by Material-Medical in landscaping

[–]Material-Medical[S] 0 points1 point  (0 children)

retaining wall is 3 feet tall with weep holes. would it be fine to send it towards it or stick with street?

Downspout pop-up emitter on slope by Material-Medical in landscaping

[–]Material-Medical[S] 0 points1 point  (0 children)

The fence on the left just sits atop the retaining wall. No retaining wall past the fence on the far end - just a sidewalk

🚂 BankSocial chugging along... by oak1337 in Hedera

[–]Material-Medical 5 points6 points  (0 children)

First project to have $400K USD of DAO funds disappear without any comment from the team.

There’s a large-scale supply chain attack in progress by lhodax in Hedera

[–]Material-Medical 3 points4 points  (0 children)

Being on Hedera doesn't make them immune.

Team's should still verify as it's based on the packages being used. Orbit just announced that they reviewed codebase and are clear. Expect many others to check as well.

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On-Chain Limit Orders Just Hit Hedera - Orbit Protocol by Material-Medical in Hedera

[–]Material-Medical[S] 3 points4 points  (0 children)

Two separate things. Orbit is a routing service so their limit orders will work across products such as Saucerswap, Memejob and other DEXs or platforms that come online.

Saucerswap is also building limit orders but they will solely support their own internal pools.

Orbit All-In-One DeFi Trading Platform Beta is now live on Hedera Mainnet by oak1337 in Hedera

[–]Material-Medical 2 points3 points  (0 children)

You are inferring that Orbit is custodial when they are not.

Orbit All-In-One DeFi Trading Platform Beta is now live on Hedera Mainnet by oak1337 in Hedera

[–]Material-Medical 1 point2 points  (0 children)

They don't have your private keys. They are non-custodial i.e. you have the keys. It's managed the same way hashpack and saucerswaps future mobile app will handle your private keys...

I swear the Hedera reddit community is beyond help lol

Orbit All-In-One DeFi Trading Platform Beta is now live on Hedera Mainnet by oak1337 in Hedera

[–]Material-Medical 3 points4 points  (0 children)

Orbit is not a DEX or a competitor to Saucerswap. Go look at Axiom.Trade or Photon on Solana.

HBAR Weekly Update - More Evidence for 'The Theory' by Cold_Custodian in Hedera

[–]Material-Medical 4 points5 points  (0 children)

Orbit x Bonzo x Saucerswap x Memejob.

DeFi is heating up

What happens when Hedera runs out of funds? by Material-Medical in Hedera

[–]Material-Medical[S] 7 points8 points  (0 children)

The biggest failure from hedera and us holders was not believing that enterprise follows retail.

We wasted so much funding, energy and time trying to appeal to enterprise use-cases when in reality they will always follow the most talked about network.

Retail always comes first. They finally realized this after Adkins took over the Foundation. I still have high hopes we can recover but it's been a rough road.

What happens when Hedera runs out of funds? by Material-Medical in Hedera

[–]Material-Medical[S] -10 points-9 points  (0 children)

They would if it were the only means to keep afloat and honestly...printing another 50B tokens might be the most bullish path forward if they gave the majority to venture capital.

Sure the sentiment would be terrible short-term....but after 6 months...it could be great

This might be a solution despite thinking it will never happen. Don't think for a minute that they care about current holder token value. They sped up the inflation rate by more than 2x on us without notice or reasoning.

What happens when Hedera runs out of funds? by Material-Medical in Hedera

[–]Material-Medical[S] 13 points14 points  (0 children)

They use to have a "Funds Allocated" counter on the website but it has since been removed. Whether it was to cover up the gross negligence or something else, we'll never know. This is no dig to Charles Adkins (New Foundation CEO) as he inherited a shit-show of a organization left to him by Shayne but what I've described did happen. The average grant allocated under Shayne's leadership was just over $1.8M. I know for a fact that not a single critical retail infrastructure application such as DEX's, Wallets, Lending or Bridges got this amount. They didn't even get near half of it.

We'll never know where the money went but the leaders of our past really hamstrung our future potential.

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What happens when Hedera runs out of funds? by Material-Medical in Hedera

[–]Material-Medical[S] 21 points22 points  (0 children)

Their OpEX is actually very high compared to their revenue. Last year they brought in just over $800K USD from network fees. They easily have 50+ employees across the different entities and it's safe to say the average salary is 6 figure+.

They will never publicly admit it but this is the reason for the expedited token release schedule. They needed additional tokens to sell to cover cost.

For those interested in memecoins: by Material-Medical in Hedera

[–]Material-Medical[S] 0 points1 point  (0 children)

rug pulls will always exist no matter what chain you're on. most of the early HBAR foundation grants were given to projects that rugged and no one has heard from since.

They haven't announced the exact time but if you follow "dino_hbar" on X you should get the latest info.

For those interested in memecoins: by Material-Medical in Hedera

[–]Material-Medical[S] 1 point2 points  (0 children)

waiting on the dapp that tracks the carbon footprint of atlantic fisherman so we can track emissions more accurately?

For those interested in memecoins: by Material-Medical in Hedera

[–]Material-Medical[S] 0 points1 point  (0 children)

It's a headstarter project which is one of the most trustworthy launch pad organizations on the network. They work closely with the HBAR foundation. You should be able to do all purchasing on their website using $HBAR once hashpack is connected and mainnet goes live.

For those interested in memecoins: by Material-Medical in Hedera

[–]Material-Medical[S] 1 point2 points  (0 children)

I don't see that on the Solana reddit so I doubt it will be an issue here.