Good afternoon!How does the team plan to attract new users

to the terminal?And also increase the volume?The terminal is 1.5 years old, and all I see is a volume of 289 thousand dollars and a minimum number of users.Or do we live in the belief that somehow everything will get better by itself and we will be fine in the next bull market?Without an influx of new people and with a very low volume, how long can we hold out?A year, two?Considering how many projects are now being closed or go broke.

Hey. We're working on broader and more strategic plans to drive users and volumes such as B2B solutions. At the same time, we are focusing on the development and progression of our platform, our ecosystem, and bringing the partnerships that we already have to fruition. We are looking forward to the exciting things and hope you are always by our side!

I've been hearing about b2b for 2 years now.But let's be realistic that in such a market you are unlikely to be able to increase the daily volume much.Therefore, you have to spend money from the marketing budget to maintain rates and liquidity pools.Since the fees for such a volume are very small.And here I have a simple question.How long can you keep the rewards?After all, your marketing budget is not eternal, and sooner or later it will end.And how long this bear market will last, we do not know.It may take a year, two or three.As a result, instead of marketing promotion , the funds are spent on maintaining the rewards in the terminal.Is there a chance that the reward will start to decrease?Now it is 8.97% per annum, won't it become, for example, 4-5% in the future?All I want to know is how well prepared you are for such difficult times.And will you be able to survive at all, hire new developers, pay their salaries and much more.

Thank you for your feedback. We were well funded and had sufficient resources. We manage the allocations well. Part of them disbursed from marketing is also temporary or as a pre-launch. We keep building regardless of what happens to the market. We plan to make full use of Terminal across the ecosystem in over time. Solutions are being progressed nicely as you can see in the real-time development update. Until then, it's a case of being patient with the teams have been doing with the building work.

Thank you for the detailed answer.

No problem. Community feedback improves us! 🙂

Let’s be real Orn has about a 4% chance of success

Where does this 4% come from?😂

Lol just ignore him alone

Just my estimates

Based on what lol...I wish I could just pull figures out my ass and post it in a chat, but there's a 4% chance I'd actually do that

Based on the current terminal volume, the teams quickness on fixing problems, and the potential the ORN protocol has. Orn protocol has legit potential to be a top 50 project. For sure. But they have to do the work

Did you mean ‘were well funded’ or should it be ‘are well funded’ I.e. is the project basically running out of funds to keep the show on the road? Starting to feel like that’s the case…

Orn has a revenue stream. Unlike most projects, ORN has a steady revenue stream which pays out the stakers

Thought they said it’s being taken from the marketing budget, essentially burning project funds rather than anything derived from any revenue streams at present..

That’s what they say. But the ORN protocol has has almost 2 years of fees from the terminal being sent to rewards

Yeah, however sadly what is being said and what is being done can be two different things, as with other projects in the space.

The terminal has volume. It is crappy and low. But even at this crappy and low volume it pays out

Trade volumes and fees derived from the trade volumes are two different things here, surely the revenue accrued from the current volumes is only a slim % of that showing in the terminal metric, hence the fees to the team are minimal. As you say I think mainnet is the answer here but needs fairly rapid deployment of the new B2B etc to help get there, as frankly I can see this one burning through its cash before a lot of that stuff gets delivered to fix the revenue streams

Agreed. The volume now is not sustainable to pay out the rewards

I’m not talking about rewards I’m taking a lot even covering operating costs of the day to day business ops, basically paying people….

You are talking about paying all the devs?

Everyone associated with the project who is on the payroll, the team seems to be expanding and I assume none of them are doing it for free

Orion is not running out funds, Will. Marketing funds that are subject to replenishment of staking rewards are taken from the ORN allocation. This is also temporary thing and is not continuous for the long term, as we will be moving progressively to MainNet staking where the reward mechanism is different.