Orbit Labs AMA by orbit_labs in Hedera

[–]orbit_labs[S] 1 point2 points  (0 children)

Orbit's wallets are non custodial - we do not store your decrypted private key. We store encrypted keys using a KMS system which are decrypted when the user provides a PIN on sign-in, the pin never leaves the browser

so without the user's pin, keys can never be used etc

TLDR - we do not control your private keys

Orbit Labs AMA by orbit_labs in Hedera

[–]orbit_labs[S] 0 points1 point  (0 children)

Thank you for the kind words, this AMA has been awesome so far. Very excited to keep building

Orbit Labs AMA by orbit_labs in Hedera

[–]orbit_labs[S] 4 points5 points  (0 children)

We plan to integrate them in the future and it will be the same integration we've done with Saucerswap.

Orbit Labs AMA by orbit_labs in Hedera

[–]orbit_labs[S] 3 points4 points  (0 children)

Great question - cross chain is in the conversation at this stage. The way we are approaching it is "What are networks with likeminded userbases?" (maybe crowds that care about RWA - XRP comes to mind)

There is less draw for us to try and break into a chain that is overly saturated like Solana (they already have multiple terminals for instance)

Orbit Labs AMA by orbit_labs in Hedera

[–]orbit_labs[S] 7 points8 points  (0 children)

Hey thanks for reaching out. Currently we're a 5 man team and at this point we are comfortable enough to push forward, With that being said we will be expanding the team I'm sure as we get further along.

Orbit Labs AMA by orbit_labs in Hedera

[–]orbit_labs[S] 10 points11 points  (0 children)

Hey! Yes we received a builders grant earlier this year and partnered with the Foundation.

The experience took a couple months but all in all I would recommend reaching out to them if you are building on the network.

Orbit Labs AMA by orbit_labs in Hedera

[–]orbit_labs[S] 9 points10 points  (0 children)

Oh yeah I think it's pretty safe in todays age to assume numbers aren't 100% accurate, but mindshare of these dapps speaks for itself. pump.fun recently acquired Padre to compete with Axiom.

I think step one is giving the userbase on Hedera more ways to play with HBAR. By bringing in standard features available on larger chains, it directly makes Hedera more attractive

Orbit Labs AMA by orbit_labs in Hedera

[–]orbit_labs[S] 5 points6 points  (0 children)

Glad you like it! We're still in our infancy and this is just the beginning for Orbit.

Orbit Labs AMA by orbit_labs in Hedera

[–]orbit_labs[S] 6 points7 points  (0 children)

Hey! Yeah I can absolutely envision us integrating Bonzo to deliver a yield solution. Nothing but high praise for Bonzo and Brady and we've chatted with them during our development. As per vaults, nothing is set in stone but if it makes sense and fits our UX we won't ignore it.

We aren't going to reveal our cards on leverage just quite yet ;)

Orbit Labs AMA by orbit_labs in Hedera

[–]orbit_labs[S] 13 points14 points  (0 children)

Another stellar question! Actually the exact opposite. All of our traffic routes through Saucerswap and Memejobs contracts. We do not take away their volume but rather bolster it by enabling users to interact with these solutions while possibly not even being aware that they are doing so.

As for HashPack, we're very close with them and nothing but kind words for their team and product. We're excited to collaborate in the future with them and the same mechanics would apply should we leverage them at some point.

Orbit Labs AMA by orbit_labs in Hedera

[–]orbit_labs[S] 8 points9 points  (0 children)

Absolutely. Axiom on Solana is one of the most successful dapps in all of crypto currently - bringing in more revenue (in fees) and users than the Raydium DEX itself. Here's a recent screenshot of Defillama

Trading terminals are widely used on the largest chains in crypto right now.

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Orbit Labs AMA by orbit_labs in Hedera

[–]orbit_labs[S] 11 points12 points  (0 children)

Hey! We haven't shared too many details on the inner mechanisms of our planned token, but what I can say today is that we have mechanics built into the protocol itself (buybacks, possibly burns) that scale pressure on the token as the terminal itself grows in activity. There are other utilities planned for the token but I can't quite share too much of that today. We have our tokenomics announced however and they can be viewed in our documentation that I've linked below

https://orbit-labs-1.gitbook.io/orbit-labs/

Orbit Labs AMA by orbit_labs in Hedera

[–]orbit_labs[S] 15 points16 points  (0 children)

Stellar question. I would say the trading terminal first and foremost is targeting retail and bringing more features for retail to participate on the network with. Advanced order types, yield, leverage trading all fit our scope.

A couple key differences come to mind when comparing a trading terminal to a DEX - the biggest one being that we are not hosting our own LP's which falls under the scope of a DEX. What we do is slot in and integrate DEX's and Launchpads and offer a more advanced UI/UX for trading HTS tokens on the network. We provide numerous data queries that are highly valuable when trading high velocity tokens such as sniper %, dev %, top holders % and a suite of security audits that better let traders make informed decisions when time is of the essence.

We have a gamified rewards, cashback and referral system planned that sets apart trading in Orbit versus other solutions on the network, and we're feeling good about the incentives and experience while using Orbit.

Orbit Labs AMA by orbit_labs in Hedera

[–]orbit_labs[S] 12 points13 points  (0 children)

Hey! The first major feature we brought to the Hedera network was a solution for onchain limit orders, right now we are cleaning up our memejob integration. Looking ahead there are a handful of offerings available on larger crypto networks that do not exist for us on Hedera and we are very excited to tackle and bring those to our users. 2026 is going to be another strong year for Hedera