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AMA: Meet Agora - Enabling Nearians to Vote on House of Stake
Recorded: June 5, 2025 Duration: 0:57:19Space Recording
Short Summary
The House of Stake project is set to revolutionize decentralized governance within the NIR ecosystem, featuring the launch of VE NEAR tokens and a strategic partnership with Agora. This initiative aims to enhance user engagement and governance participation, marking a significant growth opportunity for the NIR community.
Full Transcription
Thank you. so
GM everyone
I just want to do a quick mic check
before we wait for folks to join
so particularly
with Kent
could we do a quick mic check
if you don't mind
absolutely how's this
yeah you're all clear
Evgeny if you plan
to speak as well
1, 2, 3, 4, 5
do you hear me well?
6, 7, 8, 9, 10
cool
and I think
Ewan might also want to come on stage
so I'll invite him as well I guess it's a big night for you at the moment.
I guess it's a big night for you at the moment.
Yeah, I wouldn't underestimate you.
And he's up at the most random of times.
I don't know what his sleep cycle is,
but he's awake even later in the day as well for us.
Yeah, I don't think my body can take it any longer,
but I just do what I can.
Yeah, make the most of the youth.
Cool.
We don't have a lot of folks.
I think I can probably put a name to all of the faces
in today's space.
But really a pleasure to have Kent here with us because
there's been a lot of chatter around the front end that's being built for House of Stake.
So yeah, I'd probably start off with quick intros. I can do a quick intro myself. I go by Mr. Potato. I belong to the NIR community squad where we kind of run a lot of the
community platforms for NIR. So all of your Telegram group chats, your Discord, some of the
presence you see on social media is part of our efforts. And as well as many other things, we also are very excited to see how Houses Take shapes up.
So we plan to have weekly spaces covering different verticals that are working to make Houses Take a success.
Probably pass it on to Kent.
Hey, everybody, Kent here.
I'm the co-founder and CTO of Agora, Agora Governance.
And yeah, we've been building with you all for a few months now.
And I'm really excited about bringing the V1 House of State contracts alive with an awesome application and front end. And then we'll be working on the house of stake V2 with, with near and
gauntlet and making sure that we're baking first class,
decentralized governance right into the core of near.
Awesome.
You and do you want to do quick intros, even though I think everyone knows you? Yeah, sorry, one sec.
Hey guys, my name is Yuan.
I'm part of the new community team as well as one of the House of Stake delegates.
I've been in the ecosystem since 2022.
Happy to be here with Kent, with Potato, as well as with Evgeny.
And I hope to learn more about Agora and what are the future plans coming soon.
Excited for those.
Awesome.
Evgeny, do you want to introduce yourself and maybe give an overview of what you've been doing? Yeah, for sure. I'm Evgeny, do you want to introduce yourself and maybe give an overview of what you've been doing?
Yeah, for sure. I'm Evgeny. I have been in New York system since 2021.
I'm closely working with Lane, helping him with some stuff related to House of Stake.
I'm doing this volunteer and trying my best to help House of Stake to grow.
volunteer and trying my best to help House of Stake to Growth. Awesome, yeah. Really love
some of the initiatives you kind of volunteered to kind of bring things together. I can probably
get started with asking what Agora actually is. There's been ample number of mentions around
Agora and the stuff you do. So maybe we could start with the basics,
what Agora is and what does it specialize in?
Absolutely.
We have a problem where there is another Agora in the Web3.
And that's how I know.
I kind of know the other Agora more than you guys.
I know.
Listen, we're very happy
for their success and
we will deal
with that as that problem
continues to arise.
So Agora started
three years ago, our Agora
started three years ago.
We actually got started
with the Nouns community,
which is kind of a quirky NFT project in the Ethereum space.
And we just really, my two co-founders, Charlie and Yitong,
just fell in love with the idea of
permissionless collective creation.
And that was really embodied by by the
nouns community and that's really where we decided to you know see if we could build a business
around solving governance related problems and we cut our teeth on the the trust of uh ens of uniswap of of optimism of scroll and a
bunch of other communities in the you know really in the evm world and l1s and l2s and yeah we we
do everything so we're really uh like a full um full governance solutions company.
So we tend to use governance as our wedge
and really we just solve complicated workflows
and really we just help protocols grow.
And progressive decentralization, funding strategies,
and those are really our kind of core competencies. So NIR was really exciting.
We've been following NIR very closely just from a technical kind of nerd standpoint.
It's really exciting for us.
And when we had the opportunity to work with NIR and got to know the foundation and got to meet Lane and really hear where and just how impassioned
the near community was around decentralization and even autonomous governance. It was something
that we knew we wanted to be a part of. So I've been just super honored to get the chance to work
with you and continue to build this out. So yeah, how did you, Potato? Did I answer your question okay?
Yeah, I think it was pretty comprehensive.
And I only started to look into like some of the work you do
after I realized that there is indeed a second Agora,
as you said.
But maybe for folks who might not be aware of your expertise, if there's any notable projects or initiatives you've kind of worked on in the past, just to kind of give a bit of context on that end.
problem that we've solved has been working with the optimism community on their partial delegation
and really their governance strategies. So optimism, like many DAOs, of course, launched
governance long ago and ran into a complicated problem, many folks delegated during the airdrop. And if you're,
you know, familiar with the standard ERC-20 token delegation, you know, it's a one-shot deal.
And it's very hard to go back and get those folks to maybe even understand that they delegated or
to redelegate to somebody that's more active.
A lot of times you have big delegates who are quite frankly tired of holding such a burden and want to redelegate their delegation to somebody else.
So this posed a really hard technical challenge because the contracts are, you know, non-upgradable and we've really designed
a pretty complicated but elegant solution with our alligator proxy partial delegation pattern
with optimism and rolled that out about a year and a half ago. For other reasons, on the optimism side, a lot of that work is actually being put on hold
for a lot of the really exciting interop work
that's happening there.
We'll be kind of folding that in later on through there.
But that's probably on the technical side
where we've put our feet the most
on some of the most advanced kind of governance workflows
with that delegation.
And then from there, that really led us to build a new token standard that we're trying to push through more on the EVM side, our partially delegated ERC-20 tokens.
So this idea of, you know, why are you delegating all of your tokens to one person?
You might want to split that delegation up to multiple folks and trying to make that more of a governance standard as well
so we've deployed that for several protocols and communities and has been getting great feedback
and then really we try and just build really clean and easy to use applications. I think, as you all know,
the biggest challenge I think we have in Web3
is just not great applications,
turns a lot of people off,
promotes a lot of power users.
We're really trying to just continuously polish
and apply a great design aesthetic
and UX aesthetic to our products to make them
as easy to use as possible. Yeah, I will 100% agree with you on UX not being a forte in the
industry, whether it's general crypto, DeFi, UX, or any UX that kind of is in the Web3 domain.
Like, it's all always been very clunky.
Obviously, there's been a lot of improvements,
especially now with, like, getting rid of approvals on EVM chains
and stuff like that, kind of simplifying those.
But it still feels rather clunky in that sense.
but it still feels rather clunky in that sense.
So I do agree with like front ends and stuff like that can kind of make a huge difference in how you perceive certain initiatives.
And that kind of segues to what I was going to ask next.
You've mentioned you've worked a lot in the EVM world,
particularly with Optimism. What specific differences or changes do you kind of notice
when you've been working with Nier? Oh, yeah. I mean, right away, there were some pretty...
So obviously, I'm talking to a bunch of near uh near near fans so i'm not
i'm not pandering but they're they're definitely you can be critical like uh we yeah we'll get
there but i think on the on the good side it really does feel like and you know lane has given us a bit of the lore um but it does feel like a bunch of
you know evm ogs were in a room together and said what if we could just go back and like what if we
could you know do this over again what would we change what would we be different what are the
these base primitives that we would really want to be you you know, bringing along with us. So, I mean, even just, I think the first thing was, and again, it sounds so simple,
but just like the real basic fundamentals like named accounts and contract accounts,
you know, things like, you know, two sets of keys and basically having the concept of a relay or built right into
the foundation of the protocol with metatransactions. And like, you can just kind of
see, because I think our frustration is you're constantly, so, you know, we shipped a gas relay for ENS and for Uniswap voting.
And I mean, most people in ENS and Uniswap are already pretty advanced.
And, you know, you kind of, if you're participating in those communities, you, you, you know, you probably have, you know, quite a bit of ETH and you're, you're okay paying the gas.
But even that, like, it wasn't as easy as it should have been to do,
you know, like it's still quite a bit of work. But when you draw it out, it's quite simple.
But then to actually go and implement it and to test it and to do it well,
and to have that baked right in, I think is really exciting. And I think if I'm, you know,
we're so focused on how to stake right now, I myself even haven't had a chance to like build my own little agent or something like that that I want to try on near, but that's, that'll be coming soon.
where you could, you know, log in with account abstraction, you could start making transactions
through some relayer, and really just not even knowing you're talking to a blockchain, which I
think is the holy grail for me. Think of everyone in your life and, you know, ask them what SMTP is,
and they'll look at you funny or HTTP, but ask them if they sent email
or looked at a webpage today, right?
I think that's where I see all of this going.
We just stopped talking about ERC-20s
and, you know, NIR protocol upgrades
or any of this stuff.
It just disappears in the background.
And I think NIR has a chance to do that.
So we got really excited it
feels like you know we could see this being really really big and um I'm kind of like the old guy on
the team I'm uh I'm 40 and I try and explain to the team like it does remind me of even when I was young, like there was a ton of operating systems and you didn't know.
I mean, obviously Windows was going to be Windows and Mac was going to be Mac, but there were other ones, right?
There was like there was a Solaris system.
There was a Sun system.
There was all these different competing systems.
And a few of them ended up winning and becoming you know the ones we use today and a lot
of it came down to openness and good fundamentals good distribution and I think NIR has has all of
that going for it so long answer but that's what we got really excited about and then conversely
though I think what we're like the only shots we can really take is it's just a newer community, right?
So a lot of the building blocks that we have come to love and are just used to working all the time in the EVM world.
You know, like last week, we were debugging this whole thing with MyNearWallet and, you know, the testnet was down.
And we're trying to figure out how we can get around
that and we're in that giant telegram group and like it just there's still some of those devx dev
tool growing pains that we certainly don't feel on the evm side because the community is that much
you know it's been around that much longer so yeah that's probably my my hot take on on on near right now yeah i it does seem like you've kind of
got like a clean slate uh to build on near um because you don't have like this baggage to
handle and kind of like fix um existing problems but you're kind of like building this from scratch as is house of stake in general.
I will say MyNeerWallet is probably not the best wallet out there.
And I think many folks in the audience will agree with me on this.
There are other wallets.
I'll try to be as unbiased as I can and like share as many alternatives because I don't want to be seen as picking favorites.
But you definitely have, for example, Meteor Wallet and there's Intiore Wallet as well, which is probably a very exciting proposition for testnet devs.
Because it is actually built by one of the devs
who is also one of the endorsed delegates.
So you might have come across him.
He goes by Slime.
So that could be interesting.
And yeah, I will agree that like Nier has a very solid tech stack
in terms of it enabling a lot of use cases, but a lot of these use
cases are underutilized.
So it's good to see that you guys are looking at all of these features and trying to kind
of make the most out of them.
Yeah, and I think like just from, you know, having built on different platforms over the years, I can't,
you know, if anyone is listening who works on these four tools, and it could just be
how my brain works and how I learn things, but the sample apps can't say enough about how important those kind of playgrounds and sample
apps are, especially when built by the teams that are trying to show you those best patterns.
We work a lot with Layer Zero, and I think one of the reasons why Layer Zero is doing
so well across Web3 is you just go to their repo and you
look at their their their sample apps and they have everything from you know the hello world to
like one of the most complicated swaps you can do on on uniswap and it's like uh that that kind of
you can't invest enough in those kinds of tools because you know you can talk talk talk about
all these cool things you can do but ultimately some like at least people like me as i'm building
i need to see oh okay okay oh that's how you know and as much as i would love to think we're going
to like vibe code our way into these great blockchain apps that's that's not that's not
going to happen it's going to be harder than that, right?
We're not building, you know, CRUD database apps.
We're building, it's a little more complicated.
So, and yeah, actually, I'm sorry,
just not to scare anybody.
Our primary wallet we're building on House of Stake 4
is Meteor, but we, talking to the FastNear team
who obviously built the original contracts,
we think there will be enough legacy support.
We will also be supporting Minear Wallet as well.
But the Meteor is really what we're working with ourselves
and targeting as our primary wallet.
But we'll definitely look at the other ones as well.
Yeah, fun fact
both meteor and minor wallet are run by the same team so minor wallet is maintained by meteor
but it's it's a wallet that has been so poorly designed um that like it's a pain for anyone to
kind of maintain it so i think at some point um there will be talks about like phasing it out um it's
been like a legacy wallet as you said so there's um there's a bit of uh hesitation i'd say they'll
probably like phase it out but we've we now have like i i'd probably like to say about 10 different options out there. And then with MyNearWallet's UX being fairly limited in that sense,
it's only natural that we kind of start phasing it out at some point.
You mentioned vibe coding,
and that's something that people often talk about
when discussing frontends.
And there's been some mentions around like, hey,
why does building a frontend take so long? So maybe we could get to know from you firsthand,
what are some of the complexities you're trying to solve with building the front end for House of Stake?
Yeah, it's so funny. I mean, okay, I'll try and contain my takes here. Okay, so specifically for House of Stake, I mean, as everybody here knows, if you've ever built anything that consumes,
anything that consumes, you know, a smart contract.
The building the app to work for you and five friends or, you know,
like that's very trivial.
And it's like that takes, I think we had our first, you know,
0.1 up and running in four or five days, right?
Like you're just reading from the contract, you're, you're, you know, putting things in RAM, like all that jazz, right? So I mean, that's the,
that's kind of the, the easy part. You could totally vibe code that.
I think where it starts getting into just making sure you have a really good
infrastructure base, right? So of course, we're indexing the chain and we're storing that
in a really highly scalable way. So we're not over engineering, but we certainly don't
ever want to make performance a problem. So a lot of work goes into how we are actually
fetching and storing proposals and boats and projecting out how much more intense that's going to get, especially
when we move into not just signal only proposals, but on-chain executable proposals in V1.5
or V2.
And then on the front-end side, it's really about just understanding deeply what the contracts can do and what order you can do
things in, and then making sure that you're building just a really nice user experience
and not feeling locked into the contract. So the contract lets you do something in two different
actions, making that action feel atomic. So, you know, sure, you could have five different screens to do this,
or can we bundle something like staking and locking?
I mean, they're very atomic actions, right?
You can go read the contracts.
You could go do each of those independently,
but we're going to make them feel like one experience
because we want you to do
both of those things things like that is where we spend a lot of our of our time and but as far as
like vibe coding i'll quickly i mean i think that the vibe coding front ends i think is i i doubt
it's the vibe coding of front i don't think front ends are where the vibe coating is really happening because it'll be very easy to detect a vibe coated front end.
And our brains are the table stakes now that you need are pretty high.
I think the best parts of vibe coating is when you're in that prototyping stage where you can, you know, feed in your contracts,
you can start talking to your contracts, getting a sense of like, what kind of contracts are you?
Are you very flexible? Are you restrictive? How do you want me to format transactions? How do you
want me to sequence transactions? Really like having conversations with your contracts,
contracts, and then trying to develop a great application from that.
and then trying to develop a great application from that. I think that's where
I think that's where the Web3 vibe coding should be.
Yeah, how did I do?
Did I answer your question okay?
Yeah, I'd say it pretty much did.
It's only because there's been a lot of frustration by some folks in the community that, hey, this is taking
longer than probably than they would have thought. So there's been a few people kind of
not very satisfied. But I think there is a lot of complexities, as you said, and it's not something you can simply just fight code.
And it's also, I think we touched upon this earlier,
like you want to make sure that the UX for this
is very polished.
And because there's like so many,
there's a few different functions
for how like the whole flow works.
You also kind of want to make sure that everything kind of fits in nicely.
So I will agree on your take on Vibe coding.
It's nice for experiments, but we're still probably not there yet with purely Vibe coding, something like this.
Yeah, and I think on that, like, and Lane,
I think Lane's on the space here, he's been great.
I mean, I think there's just different degrees
of kind of like, what's the MVP here really, right?
I mean, you can imagine a version of this where, you know, you're
not doing any sort of VE management, you're assuming all of that's going to happen from
power users outside, or you're going to have all these different ways, and then you're just going
to come and, you know, submit a proposal, steering committee will approve it, and then, you know,
you can vote on it, right? I think that's's like a, that's a very different kind of,
of MVP we could have built. I think the, for example,
like even last week we on, on Lane's recommendation,
we had a whole, you know, there's a lot of staking dynamics, right.
And, you know, LINEAR and STNEAR,
and we had a prototype where we're, you know,
going pretty deep into like managing
staking and managing all these things and it's like nope we're going to cut all that out at least
for now we're going to make this uh pretty very much focused on getting locking getting your VE
near making sure that you understand uh you know how that VE near is going to grow over time to keep you committed and locked into the vision of governance.
And then, you know, get those proposals posted, see which ones are getting approved and voting on those.
Right. I think that most of the work right now is focused on this.
imagine it's like this asset management page where you've got liquid near, you've got LI near,
you've got ST near. The lockup contracts can only talk to one staking pool. So if you're in ST near,
but you want to move to LI near, you'll have to unlock that and then relock. So it's just
making sure we have a nice uniform place to handle all of these different wallet edge cases and just getting
you locked for VE near. That's kind of like the primary goal. And yeah, we're chugging
along very well there. So whoever is worried about how long or fast it's taking, hit me
up and we can get you in to see it sooner.
ago there was um a demo you guys um posted on the forum and then we kind of repurposed it and
shared it on x as well i think that kind of gives a glimpse of uh what's to come and like how things are being put on a screen.
That was interesting.
And it kind of like shows significant progress, I'd say.
I probably also kind of want to get very quick thoughts on what do you think about House
of Stake in general?
And then we have Uthred on the stage as well,
who's requested to speak.
So after that, we can probably take a question from him.
What got us, we're in a very privileged position at Agora Governance where we, you know, we get to pick our opportunities that we try and take.
Sure. Sounds good. Yeah. I mean, I think what got us, we're in a very privileged position at Agora Governance,
And we've said no to people who want to do governance because they don't really want to do governance.
They say that.
We don't ask them a lot of questions when we detect
why they say that. And you guys can guess why a lot of people might want to say they're interested
in governance but aren't actually interested in governance. So I think when we saw House of Stake
and just seeing, you know, Gauntlet involved and understanding, you know, the team behind NIR and
you know, gauntlet involved and understanding, you know,
the team behind NIR and meeting Lane.
It's like there's a, it sounds very like after school special,
but we fundamentally at our core believe that the,
if you, if given two protocols, one, and they are exactly the same,
one that is well governed and truly owned and governed by the people will win in the course of history, right?
Might not win in the first year, but it will outlast the protocol that is not well-governed.
And again, we don't have enough bold data yet to know if that's true. It is just
what we feel and believe. And why not work on stuff you believe in than stuff you don't believe
in? So when we saw House of Stake, we said, here is a team that is baking this into the core of
the core of what they're doing.
what they're doing. They really care. They really understand. They're being thoughtful.
They really care, they really understand,
they're being thoughtful,
and just seeing the dynamics, right?
I mean, just even having more of the accrual VE dynamic
versus a curve style, the K dynamic,
that already has huge implications for the community.
You can predict what the VE stake will look like
in three years from now.
And guess what?
It's going to be very aligned to the near community,
which is how it was designed to be.
And it's just, it's very well thought out.
And of course, it's going to take a lot of work
to actually execute against it and to take the feedback.
But it was pretty clear that, you know,
this is somebody that we wanted to be associated with and, you know, fought hard to be at the table.
Yeah, I will agree.
It is.
I tried, like, understanding, like, some of the math behind it.
I got lost, lost like halfway through but um it does really like uh
it does seem very convincing to the point where like everything's super well thought out like a
lot of the scenarios are are potentially being simulated and like as you said how will the v
supply look like further down the line etc etc uh so et cetera. So it does feel very meticulous.
And that's only good because we've made a few, when I say we, I mean near,
we've had like a few governance experiments in the past,
which haven't turned out as well as we'd like to.
So there's an increasing pressure and both like from within near foundation
and a bunch of ecosystem nodes,
as well as the ecosystem as a whole
to kind of make it right this time.
And yeah, as you said,
we can only hope that all of the efforts being put into it
deliver the result we all hope
for.
Othread, feel free to unmute yourself.
Hi Kent, huge fan of Agorah.
I just had a quick question about the voting front end.
I wanted to know what kind of voting mechanisms does it support?
Okay, what I mean is, can we have ranked choice voting, multiple choices? Does it support
shielded voting? What kind of aggregation rules can we think of when we think of the voting process? What kind of votes can we have?
So in the initial House of Stake V1,
it's a pretty simple mechanism.
So I think to kind of frame,
so if you go read the canonical House of Stake proposal that Gauntlet made and that Near and Gauntlet put together, that really
lays out the roadmap and the vision for where House of Stake is going.
The V1 contracts are quite simple.
So in this case, there is support for multiple choice, let's say.
So you could have arbitrary end choices of votes.
And of course, we're going to be at the beginning, even trying to limit that to just for and against kind of yes, no style voting.
So tallying will be quite simple in that first version of House of Stake.
The goal is really to get everybody locked into VE NEAR, understanding the proposal mechanisms, working through the
steering committee, proposal dynamics of getting things approved. And then we're basically hard
at work right after that V1 goes out, working on the future versions to enable, you know,
more advanced voting schemes and strategies. So I'd say right now it's pretty basic by design
and we'll be adding more and more of those with the NIR team as we go.
And have you seen the contracts? And we could do a better job even just making sure you can
go look at all those contracts. The FastNIR team did an amazing job building those initial ones.
They actually just came back from Audit last week, so we could be sort of shining those
and really encourage people to go read and look at those as well because it helps you
understand the low-level mechanics, which will then explain the interface we're building
around it, which will then help us inform what we want to do in future versions.
Okay. Thank you, Ken.
I'll wait for the smart contract explainer session that has been promised.
For that, I'll wait to hear it from you guys.
So if I understand for the initial version of this voting,
it is yes, no, or abstain.
And as we roll it down the road, we can have, this is the rank choices. For example, if an election happens to choose a facilitator for a position in HHS and says five people compete,
you can have ranked choice voting down the lane. Do I understand this right?
That's right. Yeah. And again, because these are
signal only votes, there's a world where we could, you know, we could do that in a quick and dirty
way of counting the rank choice votes, you know, publishing a result to the interface,
and making sure everybody knew that because this is signal only, you know, this is what the contract resolution layer is going to say, but this is what the, you know, the action taken from that vote is going to be.
And then once we experiment and we like that, we can codify that into contract code.
So that's typically, again, what we like to do.
Again, right now, we've got a really exciting sort of on-chain, off-chain experiment with another one of our customers.
And the instinct is to just go on-chain right away and just bake this into, you know,
because we're on-chain developers and we need to do everything on-chain and we need to be able to point to the transaction of truth.
And it's like, well, yes and no, but, you know, maybe that's a bad idea.
Then you go and build all this stuff and you get it audited and you realize we never should have done it this way anyway.
So I think what's nice about the framework we have is we can we can pally and count these votes however we want.
We can show those results on the House of stake app. And then as we were looking at, you know, V1.5, V2,
modifying those primitives into contracts,
getting ourselves ready for on-chain execution, right?
Because there won't be any, you know, UX stuff
we can do at that point.
Can I answer your question? Thank you so much. Yes, yes it does, absolutely. Thank you so much.
Yes, it does.
Absolutely.
Thank you so much, Ken.
Huge fan.
Thank you so much.
That's great.
Yeah, I don't usually go that deep into the intric on like different types of voting.
But it would be interesting,
like if you can in the future,
like it feels like the whole framework can very easily be scaled
to kind of adopt different voting mechanisms.
So that is definitely of interest
as House of Stake evolves.
With the current status, I've shared a recent walkthrough video,
which the Agora team had shared on the forum a couple of weeks ago.
But maybe if you could kind of summarize what's been done up until now,
and then maybe like immediate deliverables or stuff that the team is currently working on just for folks to kind of get a
stand on where we are in terms of development.
Yeah, absolutely. So the, yeah,
the video you're seeing there is yeah,
we're quite a bit further than that now. And we kind of have this one big piece of product work we're trying to get everybody aligned on.
And this is what I was explaining before.
Imagine this as your, I can even share like a work in progress screenshot, but it's really just your asset page. So imagine now you're trying to anticipate whatever different LI near, ST near, near is
in your account, and making sure that you can maximize your VE near based on the state
of your account.
This is sort of the main thing we're working on right now. And there are a lot of transactions to sign.
So trying to work through the UX of, you know,
what the modal flow looks like with, you know,
six to seven transactions to sign,
creating a lockup contract,
moving assets into your lockup contract,
staking from that locking contract,
refreshing the balance of that contract. All these things are kind of these atomic actions. So figuring all that out.
In the past few weeks, what we've really done is we've just gotten the app ready for production.
So all of our infrastructure, all of our indexing and all of that, that's now. So if you go to our
test link that we share out,
it's running on actual,
there's still testnet contracts,
but it's on production grade infrastructure.
So we'll literally just point it to prod and off we go once we do that.
And then our real goal is
we're gonna be having a session at ETH CC
and there'll be more details about that coming soon.
And the goal there is really just to sit down and go through everything from creating your
delegate statement to increasing your VE supply through different pure near from different stake
near you might have on testnet, making sure everybody is happy with those flows.
We haven't missed any glaring edge cases in our exploration,
submitting proposals,
seeing what the steering committee will see when they're approving proposals
and then voting and ultimately, you know, resolving or it's not executing because there's no there's no on-chain execution here but
the finality of the proposal so walking through that whole life cycle and yeah that's our that's
our goal so that's only kind of three weeks away and by then we'll have we'll just be polishing the
edges or detecting edge cases.
Like I said, we're also really leaning into Meteor
as our primary wallet.
And if there's a lot of interest to support another wallet,
that's after that point too,
where we'll be able to say, okay, great.
We've got that done.
We know we have some legacy users
that we do wanna support any wallet.
So we've already planned out
a sprint there to do that once that main work is done.
And if there's others,
that's when we would be tackling those things as well.
And then honestly, right after that,
we'll be getting the first votes live
and working with the foundation on that.
We're just jumping right into,
okay, what does the 1.1, 1. 1.2 1.5 2.0 look like and at that point um the
first thing we'll do is be upgrading the contracts and then of course cascading that into the ux so
yeah in a few weeks uh you'll have a lot more to see and and give us a lot better feedback once you
guys can actually play with it as well.
Awesome. That's really exciting.
So if I understood it correctly, with the first initial rollout,
you're only looking to support Meteor and Minear Wallet.
Is that so?
That's correct. Yes, at least for now, unless youall yell at me right now and tell me to add another.
But yes, those are the two we are looking to support right now.
No, I would agree that Meteor is probably like the go-to wallet for the ecosystem.
If I had to recommend a wallet without looking into other considerations, it would probably be MeteorWallet because it's available on all platforms.
All of the dApps in the ecosystem have been optimized for it, as with MinearWallet because
it's a legacy wallet.
But my question is, is there something you can provide to the wallet teams so that they can optimize and make sure they work well with the house of strict front end?
So Mine Your Wallet follows sort of an in-browser redirect paradigm, whereas, you know, Meteor uses a more, what do we call it?
I guess like what MetaMask sort of made famous, right?
Like the pop-up modal, whichever word you want to use there.
I mean, there's nothing special about the House of Stake app or about any of the work we're doing. It's really just
listening for transaction finality and callbacks and things like that. So there's obviously,
there's always work to do when you're integrating a wallet. Of course, we come from EVM side and my
goodness, like what looks like it should be kind of a five line of code thing.
You can often get into some pretty gnarly edge cases.
So the first thing you know you do is what wallet are you using?
Okay.
What version?
Ah, yes.
Okay.
Well, do I have a path for you to go down?
You know, so there's always more complexities with wallets, but I would say for anyone building a wallet, as long as you're following the more modern pop-up style modal paradigm, it will work very well with House of Stake.
Yeah, I'm pretty sure Slime will be pinging you to get his wallet added as well.
pinging you to get his wallet
added as well because
he's pretty good
with understanding
how flows work
so I wouldn't be surprised if
very soon Intere would be joining
that list
and it's open source too right
so we can always
you know
contributions welcome
so we can there's lots of ways to contribute.
And yeah, we could certainly talk about that.
Yeah, I mean, I was just wondering
if there was at some point a list of guidelines
or like a rough, yeah, rough guidelines
on what things would make user experience better if they were using another
wallet and in turn kind of making your work easier, right? Like as you said, it is a bit of
a lift to kind of onboard on add new wallets. But if you kind of have the wallets fix some of their UX issues,
then it shouldn't be that much of a lift from your end.
That's a great point.
Yeah.
And I would say really what it comes down to as well is contract design.
So making sure that you're always trying to optimize when you need to bug the user
versus when you can do something on the user's behalf.
And again, the FastNear team did an amazing job with those trade-offs. It's a complicated
mechanism behind the scenes to make sure that your VE-Near is being managed by this lockup contract.
But the best way to make wallets work better
is to reduce the number of transactions.
So you have to talk to your wallet less.
So we're in the transaction reduction game at Agora.
Yeah.
As a final question, I probably want to ask you is,
so the first phase is probably coming out pretty soon. And there's probably like, you don't
want to add like more complexity, but rather like want to get this shipped as soon as possible.
Is there already like ideas and features you have at the back of your mind that you want to kind of start working on for v2 and if so
if there's any that you would be comfortable sharing with all of us yeah i think um
for us at least on the i mean we're just really excited to move to um on-chain execution. I think that's like anything that pushes us closer
to that area from a contract side of things
is really kind of where we, it's always scary.
And that sort of scariness breeds constraints
and that momentum.
And along with that is all the guards
and the securities around that.
So if you look at our Agora governor
that we ship on the EVM side,
we have really complicated proposal types
and these are essentially guards to make sure that,
once you've passed your contracts to a decentralized entity,
you can't foot gun yourself.
So a protocol upgrade might require
a certain higher quorum and a certain higher threshold or limiting what certain people can
call from an executable proposal and things like that.
So adding more of those features on the contract side, we're really excited about and certainly
have alignment from the foundation and from the
delegates we've spoken to about that.
And then I think we sort of previewed it.
Lane from the foundation is such a good stakeholder for us.
And as we started going down this like, hey, we could manage all of your assets from this.
It's like, hey, yes, that's super cool.
Do not do that yet.
Let's just stay really focused on how do we maximize that VE
near and let's make that the primary job to be done.
But I think as we've been exploring the space
and talking to users, yeah, there's a whole other space.
Because staking and governance are so intertwined.
I could see the app, I mean, what's in the name, right?
I could see it really starting to have deeper integrations with managing your stake.
And then conversely, too, talking to all of the staking apps and making sure that we bring governance features
into theirs as well, right?
So trying to really connect staking and governance together,
I think are some of the things we're thinking about
for post-launch.
Yeah, that's really exciting.
I think at some point,
the household stake framework
and VMEAR will be kind of ingrained in the protocol.
I'm not sure how much of a good idea that is.
We have to be careful if we go down that path.
But I do envision that at some point,
that would be the natural evolution of all of this.
That would be like the natural evolution of all of this.
But yeah, I think I'm done with all the questions I had.
I've tried to kind of be as insightful as I can with asking questions,
and you've been equally thorough with answering them.
And we've also kind of tried to kind of pick questions, concerns around the
community, which I think have been fairly well addressed. So thank you a lot, Kent, for jumping
on today. And hopefully it's not the last space as we do, because there does seem to be a lot of
updates from your end. So we might be bugging you maybe around the launch
of House of Stake to kind of walk us through exactly
every single piece of frontend you've built
to kind of make the lives of non-devs like me better
when it comes to navigating this.
Well, for sure.
Thank you so much.
Appreciate the opportunity.
And like I said, the community has been so welcoming and we've had great conversations
already with a few different delegate groups.
And I think we are pretty heads down.
I was reflecting this morning, preparing for this, like we could be doing always a better
job just pushing more updates to the forums.
I think it's always easier once things are live.
So it's a good,
it's a good push there to keep that going. Transparency and all of that never is never
a bad thing. And then, yeah, I'm really excited for all of you. I would say the biggest unknown
that is so hard and we, you know, we've, gosh, we've done so many launches now and it's like,
no matter how much time you prepare, there will always be those edge cases
or someone who gets themselves in a state where it's like, oh, interesting.
Wow.
Okay.
We did not anticipate that distribution of assets.
So we're very hands-on around the launch and after launch.
and after launch.
And we will be literally essentially on, you know,
a 24-hour call to make sure that all of those
e-primitive things that you want to be able to do
are you're able to do.
And I can't say there,
I'm sure there will be some esoteric edge case
that we might decide not to pursue
if it's like super one of one, but
that's honestly never really happened with us. So we're very hands-on after launch. I would say
those first 14 days after we launch and we start getting users on production, moving real assets,
things always come up and we're always there to, you know,
fix those things.
So that's when I'm sure you'll all be DMing me or DMing Agora.
And we're prepared and excited for that.
That's kind of like the most fun part to get all those edge cases out.
And then before you know it,
you're using it and everything is working great.
And you wondered how you live without it.
Yeah, I think like that is you might think that Agora is probably done with with the launch.
But like the job's not finished, as Kobe Bryant famously said.
and there's a lot more that will be done.
And like there's there's a lot more that will be done.
And I think the future versions will also be very interesting
because there's the AI element that will come into play.
There's many things that might not be fully shipped in this V1.
So we'll always be looking forward to what you guys are doing.
Awesome.
We'll be here whenever you ask. And we might even ask to
come talk ourselves if we have something important to say and we don't get the, we don't get the
nod. So I really appreciate the time and yes, hit me up on Twitter. I think Maz too is on the call
from, from Agora. So you can hit up Maz. She's awesome and is working very closely with Nir.
And yeah, we'll get you what you need.
So don't be a stranger.
Awesome.
Thanks, everyone, for joining.
And yeah, see you around in the Telegrams, the forum, and everywhere else.
Yeah, that's a wrap for now.
Thanks, everyone. Bye-bye.
Thank you. Bye.
