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AMA Meta Pool x Crypto Scope
Recorded: Sept. 21, 2023 Duration: 1:28:01Space Recording
Full Transcription
Cool.
Okay.
Okay.
Thank you, Gustavo.
Thank you, Gustavo.
Thank you, Gustavo.
Okay.
Okay.
Next.
I will invite...
I have an issue.
Okay, Joker, you can hear me, Joker?
Okay, so if you want to, Joker, yeah, you're, you're there, you're muted.
Hello, Marcos.
Hey, Joker.
Hello, Marcos.
Yeah, so I just wanted to know, would you, with time, increase the, the utility, I mean,
the assets you use as collateral for your, your project Metapool, and, you know, will
there be any future integrations this last quarter, because we're, we're heading to quarter
for now, so everybody's releasing updates, and I'm here to just, just to catch up with
this.
Um, I didn't understand the first question, if we're going to increase the collateral?
No, um, increase the, the range of collateral, the range of collateral, like more assets being
added as collateral.
Ah, okay, sorry.
Now I got it.
Yes.
So, okay.
So, perfect.
Yeah.
So the, the next quarter is, is about to start very soon.
As you said correctly, this quarter is finished.
We're going to have a lot of announcements in the, in the last quarter, really a huge amount
of them.
And that's only the ones that I know about.
And I'm sure some other people in Metapool are working on some more stuff as well.
So yes, there's going to be new tokens coming.
So the, the, our staking, um, um, selection, if you like, we'll go from three to plus.
So we're going to have more token or tokens, uh, uh, depends.
Uh, then of course, uh, for all of these tokens is going to be more, uh, uh, um, partnerships
announcements, um, on the near one is, is pretty much set with, with all the pools and everything.
But on the, uh, MPEs, there's going to be plenty of announcements coming up, uh, um, especially
integrations with LSD files, um, with, um, I cannot drop names yet, but if you follow
the next two weeks, you will see some announcements coming up with various, uh, partnerships that
we have.
Then also Gitcoin, uh, which was a very big partnership with it for around 18.
We're going to be, um, most probably participating in, in 19, it looks like.
Um, so that's going to be good as well for all the developers that want to integrate and
work with us and, and figure out how to, you know, be part of the Metapool DAO in one way
or the other.
Uh, we'll have a possibility to do that with the Gitcoin help.
So this is for sure, uh, um, some exciting stuff coming up.
Then of course, there's going to be plenty of more, uh, um, and stuff like, um, starting
from tomorrow MPEs can be withdrawn.
That was the minimum requirement to start to establish pools and partnerships and borrow
landings and so on and so on.
And there's going to be some couple of announcements I cannot disclose right now, but, um, I can
just say this, we have been working hard to make this a great project protocol ecosystem
without, whatever you want to call it, or however you want to see us.
So, um, we have heard some comments from the community.
We have heard some suggestions.
We were listening to them, even if we don't always respond or, or immediately, uh, change
everything, uh, uh, immediately, but definitely, uh, you can expect in Q4 not to slow down, but
to start to pick up the entire activity.
So, um, just follow us on the socials and come to our discord, telegram, uh, you know,
give the, the, the follow on, on X or, or former Twitter, because the announcements are
be, are going to be coming out very soon.
I hope that answered a little bit.
Yeah.
Um, your question joke.
Yeah, it does.
And Marcus, I just wanted to know what's the minimum requirement for ETH liquid staking
because like some safe for, so is it cheap on your side?
Yes.
I mean, cheap from, I mean, cheap in our side.
We, it's, it's not that it's cheap.
It's like the minimum requirement that you have for ETH, um, which you can go on our website.
You will see that there is actually non, non, um, committed.
I think it's 0.01.
We have one of the smallest, uh, um, requirements.
So minimum staking amount, there is no cheap or expensive.
That's then the gas fees.
Okay.
That everybody has to pay, which is the network on Ethereum, but the gas fees is not of ours.
It's basically, you know, the, the, the protocol itself, right?
The Ethereum protocol.
But we have so far the, the, if I am not mistaking completely, the lowest staking amount possible
of all the, um, ease staking offering in the market.
I even think it's 0.01.
If I'm not mistaken, I'm just trying this very quickly life.
And then I can just tell you the minimum amount is 0.01.
So that's the minimum amount of Ethereum that you need to have to stake with us, which is
basically, um, uh, around $16 right now.
Just always consider that, uh, for this amount, you will have to pay the gas fee.
So if you come in a, in a good time when there is not much action, then the gas fee should be
very low.
So that should work out.
But, uh, if you are in, you know, in heavy us times, then probably the gas fee is going
to be, you know, 20, 30% of what you're staking, which wouldn't make much sense.
If the staking rewards is 11% currently.
I guess that answered your question, right?
Yeah, Marcus.
I love it.
I love your passion for your products.
I wish you good luck, Marcus.
Thank you very much.
Joker.
Same to you.
Same to you.
Nice to hear.
So what other questions do we have?
Okay.
Next.
Um, uh, next crypto crypto Isaac.
Hello, Chulo.
Hello, Chulo.
Yeah.
He's live.
Okay.
Next.
Uh, bar.
Yes, we can hear you.
Yes, we can hear you.
Okay.
Yeah, we can hear you.
So I wanted to ask, um, what initiative has the project come up with to increase community
engagement and also reward early adoption of its platform?
So what, what, what we have done to increase the community and what was the second question?
I couldn't hear the second one.
Sorry.
And also reward early adopters of your platform.
Rewards towards the early community members.
Yes.
Okay.
Uh, the early community.
Okay.
Uh, the early community.
Okay.
Got it.
Now, now I understood it.
Yes.
So what, what, what, what we can do as a, what the community can do to be part of Metapool
is there's so many ways that the fastest one of the best one is you just hit the discord.
Uh, if you, if you want to be more involved with Metapool, uh, you can become an ambassador.
If, um, the region is not covered by anybody or not enough people, then, um, there is a possibility
to become an ambassador for the Metapool down.
Now that's the first step.
I mean, obviously you can always participate and be helpful without being an ambassador,
but if you want to get more involvement, uh, as a community member, you can go and become
an ambassador, right?
Uh, the second one is, uh, we have the, what we call the, the, the initiatives, right?
Where the community votes on initiatives, um, that was launched first only for ambassadors.
Then we started to add more communities, outside communities and, and, and partners.
Uh, and this will eventually keep growing and keep growing, uh, that people can start making,
uh, initiatives at themselves.
So that's the other one participate with the initiatives.
The other one, of course, is you can participate in the voting process and, and with that start
steering the protocol into new directions.
So everybody has, has the possibility to vote on proposals.
That's the other thing, how the community can get involved much more.
Um, yeah, that's about it.
I mean, and also propose partnerships.
I mean, crypto is changing so fast.
Normally we have a good understanding of what's happening, but with so many protocols,
uh, you know, uh, you can propose new ideas, new, new projects and say, look for this project,
introduce us, uh, if it's not on the radar, that's always very welcomed and very appreciated.
Um, further, um, your question, the rewards for early, uh, um, adopters or early stakers, uh,
can't say too much about it right now, but we're, we're trying to see, uh, how we can remunerate
or, or help initial stakers in some way, um, uh, and early adopters.
That doesn't mean that we have something planned yet, but that just means like we, we appreciate
early adopters and we didn't forget about them.
Um, even if till now there is nothing cooked up, especially for them.
It's not something that, that was missed on us, uh, because at the end of the day,
Metapool success is thanks to everybody that participated with us.
Yeah.
Okay.
All right.
That's a great answer.
Thank you, sir.
I would join the discussion.
You too.
I would join the discussion.
Okay.
Do we have more questions?
Yeah.
Uh, next, um, Febrian Shah.
Febrian Shah.
Febrian Shah, okay.
Okay.
Hello, Febrian Shah.
Hello, Fabri.
Febrian, can you hear us?
Yes.
Yeah.
Sure.
Okay.
What's your question, sir?
We can't hear you, Febrian.
So can you explain about benefit for putting power in Metapool and step-by-step to community
to join voting power in Metapool?
Absolutely.
Yes, sir.
So, um, our token, we have a token called Meta, which is our governance token.
Um, this governance token, um, is basically it's what its name is.
It's governance is to be able to vote and, and participate in the governance of the Metapool DAO.
So what you can do with it, this is, is various things, right?
In order for using the governance power, if you like, you need to first obtain the voting power.
So that means you first have to have Meta tokens.
Okay.
That's step one.
If you want to step-by-step is step one, have or acquire, um, a Meta token.
So this is the first step.
The second step is you go to our website, which is metapool.app or .app.
You go to the section where it says vote.
And then there you have a section where it says my power or my voting power.
You connect your wallet, your near wallet here.
Um, so it's everything very simple.
If you go there, you will understand it immediately.
Um, you just go there, you connect your wallet, which holds the meta.
And then you have to lock up these tokens to obtain voting power.
If you just, uh, decide that the cool down period is 30 days, which is the time from when
you don't vote anymore and you request your tokens back.
There's a waiting period of 30 days up to 300 days.
So minimum is 30 maximum is 300.
If you decide, uh, that you say that the waiting period should be only 30 days, the lowest possible,
your voting power equals your meta token.
So one meta is one voting power or one vote.
Okay.
If you increase it to 300, the voting power is five times.
So one meta equals to five times, but you will then have to wait to get your token back.
Once you request them 300 days later.
So that's for some people might not be, uh, a very, um, let's say efficient for them for
some other longterm stakeholders that say, ah, you know what, I'm going to be here five
years from now.
Let me put it for 300 days.
And then I have more voting power.
So in one way or the other, you have to obtain the voting power.
So now you have the voting power.
And currently there is two ways on how you get remunerated as a voter.
You must be an active voter.
This is very important.
Just holding voting power doesn't, um, entitled to you to receive rewards.
Okay.
Where do these rewards come from?
Um, as I said before, uh, the entire protocol fields that Metapool does are taken, um, um,
and given back to, uh, to, um, to, um, to the community basically.
And how does the system work currently is that we give 50% to the active voters and 50% to
the initiatives.
Okay.
So these are the community initiatives, which I said before, like, you know, creating a YouTube
video, organizing a hackathon, whatever it is.
So these ones that go to the voters, the active voters are distributed amongst all the voting
power that was actively used for either the initiatives or the validators or both.
I mean, it doesn't matter where you use it, but you have to use it for either initiatives
or validators to be able to receive voting rewards, active voting rewards.
Uh, at the same time, um, this is just for your voting power for the initiatives validators.
And this is how you get, uh, voting rewards.
Okay.
And how you get the votes.
Now your same tokens that you can, uh, sorry, your same voting power.
You can also vote on the M P I P, which is the Metapool improvement proposals.
Um, irregardless, um, if you voted for initiatives, you will still have a voting rights for the
proven proposals.
But if you vote for initiatives, that power is not available to validators or the validators
to the initiatives.
So, um, you cannot use it twice, but for the, uh, Metapool improvement proposals, you can
actually still use it because you are voting on the direction on the, of the protocol.
And that's a different, um, a different section, so to speak.
Um, yeah.
And if you vote for the validators, it's an ongoing process, right?
Um, so if you tomorrow think, uh, no, I don't want, uh, this validator.
I want to vote for another one.
You can just unvote one and then vote for the next one.
It's, it's pretty intuitive.
So if you, on the website, you would understand it.
Uh, if anybody's trying to do that and doesn't know how to do it, uh, please just jump on the
discord and, and ask, uh, for help.
And any, either me or any of my colleagues, uh, will be able to help as well as also ambassadors,
which know the process very well.
Thank you so much, Mr. Marcos for detailed explanation.
Thank you, sir.
Have a good day.
Thank you, everyone.
Okay.
Next, uh, Bima.
Hello, Bima.
Hello, Bima.
Bima, can you hear us?
You're muted.
Okay.
Uh, I think, uh, you're still muted, Bima, in case you're speaking and hearing us.
Maybe some technical issues.
Okay.
Uh, I just, another question.
Um, next, um, Mr. Yo.
Hello, Mr. Yo.
Hello, Mr. Yo.
Hello guys.
Can you hear me?
Perfect.
Yes, sir.
Oh, go ahead.
That's great.
So, I want to know, like, currently, uh, many projects offer liquid stacking options,
such as Stader, Stafi, and Linear.
So, I mean, how will Metapool compete with them?
And what advantage do you have offered them that will encourage additional users to join
you?
Okay.
Okay.
That is a good question.
Um, well, there is the, the, the protocol fees, right?
The protocol fees itself.
If you are on near, for example, because you mentioned the Stader and Linear, they are for
everybody the same, right?
So there's no, there's no magic trick that somebody can offer five times more than the
other person.
Right?
Um, so from the staking rewards itself, what is the maximum potential is, is capped for
everybody the same, right?
Um, to the downside, it's a bit how you handle the validators and how you handle the selection.
We, for example, have an automatic monitoring system to make sure that no validated charges
more than 10% or that the uptime is minimum 95%.
If you are not in this, uh, there's some other criteria, but these two are now relevant for
the APY.
Um, if you are in, in, in, let's say less, um, active or up or you charge too much, you automatically
will not get an allocation from Metapool because we put our stakers and users front and center
of what we do.
And that would put the, uh, the APR or APY down.
Right?
So that's the first thing that we make sure.
Right?
Um, the second thing is how are we going to grow?
Um, we have taken the decision that Metapool will, will, will be the community driven basically.
So it's somehow also in the hands of each and every one of us, of the stakers, of the, you
know, ecosystem participators, uh, to, to somehow contributed to success.
So we strongly believe that, um, as a big community as we have, and if we are working
together, then the community aspect is much bigger and much more important than, um, you
know, um, what others can contribute.
Um, that's right.
That's right.
On the other hand, that there is enough, uh, uh, other participants as well, especially
on the, on the Ethereum side.
But here we, we, we just keep doing what we're doing.
I mean, we are a team of builders.
We build, uh, tools, we build, uh, solutions and we're transforming this Metapool website
currently with three.
Soon there's going to be four and so on.
And that's, that's going to be a big impact in the future because if you are a user, you
don't want to go to six different places to stake your, your tokens.
You're actually much more comfortable with a team that's, as I said, is known and doxxed
and everything, uh, just to go to one place and start staking whatever you want to stake
there.
Right.
Um, also with the integrations that we're going to bring up, there's going to be some,
some, some benefits of these integrations, let's say for the users, um, with the, you
know, increased marketing, increased, um, um, cooperation potential, which will, uh, I
think result in a good competitive advantage over others.
All right.
All right.
Thanks.
Thanks for a good answer, guys.
Have a nice day, sir.
Have a nice day.
Okay.
Next.
Lucifer.
I like Lucifer.
Hello, Lucifer.
Please.
You have to request to speak, Lucifer.
Yeah.
Yeah.
There you go.
Yes.
Yeah.
Yeah, we can hear you.
Okay.
What makes Metapool, uh, platform more unique, uh, than other, uh, uh, uh, project in the
deck of space.
Um, yeah, sure.
Yeah, sure.
So, um, we can compare it.
I mean, let's compare it to others that offer more or less similar things because otherwise,
you know, the differences is becomes, uh, based on the complete offering and, and it wouldn't
be fair comparing a text with a liquid staking.
So I would maybe go more into comparing it with other liquid staking, uh, uh, protocols,
platforms, and solutions.
So one for sure is, um, we are more community driven than, than most of them.
We are now on the near side, giving all the protocol fees back to the community.
That is, as far as I know, unique, nobody's doing that.
Everybody says, yes, we're giving back to the community, but in our case, everything we
actually get goes back to the community.
And this is all on chain.
Everything is verifiable.
Statistics are there.
The proof is there.
Everything is there.
So we're really putting the idea of a protocol belonging to the community.
Uh, uh, in action.
Okay.
So we're asked the others also say, yes, you can vote.
And yeah, you can be part of the community.
We're actually giving the protocol to the community to decide where to go.
Uh, this is not an easy task, so it's a bit complicated to get there, uh, because there
is a lot of lessons to be learned along the way.
So that's why it's takes a good amount of time, but step by step.
Eventually this is going to be a community run protocol.
Uh, which then compared to others is quite unique.
I mean, in the entire crypto landscape, probably.
Um, that's, that's one way, um, what, what we also do different.
Again, um, we provide the opportunity for, for, for everybody to somehow participate in
the future of, of the M Metapool DAO, uh, which part of the future and how it's really, you
know, independent.
As I said, you can become an ambassador.
You can become, uh, uh, some initiatives that you benefit from.
You can start just actively voting.
You can just participate in the discord.
If you like just to, you know, talk and hang around and propose ideas.
Uh, you really can be involved in, in something like that and, and build up a protocol with
us, right.
As part of the community.
And that is something that others are not really offering in the form and shape we do.
Um, when it comes to, to also comparing to others, I think everybody has a good sense
of, uh, security.
Uh, but in our case, I mean, others do it too.
We just don't compromise on it.
We get, you know, all this from a block, uh, block, say Halbo and from the top in the
industry because security is key to build up a long standing protocol.
So I think these are the important features, uh, um, that we can contribute.
And yeah, I think that is what makes Metapool unique and what makes Metapool, uh, a good,
a good, I say a good projection for the future because the, as more the community grows, as
more the protocol will grow, as more the community benefits from the growth of the protocol itself
as well.
Oh, wow.
Uh, thank you.
Uh, thanks for the answer.
Thank you, Lucifer.
Thank you, Lucifer.
Yeah.
Thank you, Lucifer.
Okay.
Next.
Um, I think Uchi.
Hello, Uchi.
Hello, Uchi.
Hello.
Can you hear us?
Hello, Uchi.
Okay.
Okay.
Okay.
Okay.
My question is, what is your strategy to increase the number of users on Metapool platform?
what year or the first part i didn't understand
what is your strategy to increase strategy yes okay okay okay well the strategy is uh
as kind of mentioned we have various strategies right the first one is we're going to keep
integrating with interesting projects and protocols like ssv network which will amplify
the the co-marketing initiatives right the same with some other protocols that will come soon
we're going to have big marketing announcements therefore more people will know about us and
more people will start staking with us as well um then we're going to have in q4 a number of
announcements that we believe will drive more stakers towards us as well i can't share them
too much but q4 is looking promising and bright um as i said integrations with various big
and non-so-big but nevertheless a good and in innovative protocols are coming down the line
then we will keep building the community we really believe to make metapool dao a community-driven
project or protocol and this requires of course to keep working on that end and here uh you know
it starts small but then eventually will grow much faster and much bigger when the community starts to
be more involved because you know um even we are enough people to run a protocol if you have an army
of you know uh so to speak of of people talking about metapool be it on twitter be it on youtube be it live
at events or whatever it is eventually that will will grow the entire ecosystem and with it will grow
these takers as well that will come to us
i hope that answered your question
okay thank you very much thank you sir
yeah very amazing there is still uh five request to speak
okay next um uh are we are still open for question
marco yes yes sure okay okay next uh i like pizza next uh bnb pizza
hello bnb bnb pizza an innovative name let's go you're muted sir hello hello
can you hear me perfect loud and clear bnb pizza go ahead
okay uh i have a question uh oh what are the challenges you have faced while developing metapool
project and how do you uh how did you face uh all those uh challenges
huh there are so many challenges first of all that i wouldn't even know where to start
second to be absolutely honest i joined metapool when a lot of these challenges were already
solved i would assume so for sure you have the technological challenge to build everything
you have you know starting any project company business whatever you want to start
even a new job you know you have to overcome some obstacles and some some pain points right
if you build something in a decentralized fashion like metapool with with a dow involved with
governance tokens with uh crypto uh in the absolute bull market and then comes a bear market you can
imagine that there is like a lot of these uh uh challenges that pop up from nowhere right
um i think that is uh you know we have two great co-founders and an amazing development team
and an amazing support team in the sense of operations and and whatever have you not in the in the
company here or in the in the dow and uh they work together i mean the important thing is working
together for the common goal which is to you know to amplify our mission that uh people in
and developing countries uh can have access to financial freedom and i think uh we just try to work it out
uh when the challenge comes uh the best we can so far it has been going quite well i guess
now there is a bear market but after a bear market comes maybe a neutral or bull market
and then we're back uh to more happy faces and less sad faces i guess but um yeah that's that's the
answer like like like like every challenge in life you know when it shows up you just deal with it and
support everybody in the team the best you can we have an amazing community as well that supports
all of a sudden helps us and is very involved and i think that that is also a good thing you know and
everybody does whatever they can to to keep growing the protocol and to advance our mission and
that's that's i think the the the least we can do right
i agree man uh and i have another question about uh staking can i ask sure
okay i see that you are providing uh some juicy apos in uh eight uh aurora and here so uh i want to
know what's the minimum uh amount of uh staking in uh each tokens uh can you explain about the staking
uh functions sure sure sure so the minimum ethereum staking amount is 0.01 ethereum okay
uh i mentioned this before uh just to be careful here you this is the amount that you can stake
but you will have to pay gas fees on ethereum and they might be
high let's say right even if you currently we have an ethereum 11 almost in apy
if you have a gas fee of let's say two dollars then you're already paying more than 10 for the gas
fee when you stake this amount right for the near side i think is actually one i don't even
i'm not so sure but i think the minimum would be one which is currently one dollar twelve so that
shouldn't be a a big problem let's say uh let me just check you know the minimum is one exactly
and for aurora i guess it's also one the minimum amount that you have to stake
and so it's it's in our opinion you know we don't want to put the barrier high up so people cannot
participate in staking or you know you need a lot of tokens to be able to access this ap wise our
our idea is that most people can participate and it's inclusive and therefore the lowest amounts
possible are um you know what we aim for i know other people for example say the minimum
staking amount is one ease for example or 0.5 but in our case um you know we put it as low as possible
uh just careful that the gas fees are sometimes too high
100 man uh hopefully the project will go ahead in the future
thank you very much bmp pizza maybe then you can change to mp pizza who knows
yeah okay uh next young and savior
young
hello
probably not okay i think there's there's no more questions no or uh still have two yes okay next
okay uh
can you can i ask my question sure go ahead cool so i want to know about the revenue about the
metapool what are the ways that metapool gainer profits to maintain your project and what
revenue model how can it benefit win-win to both of you i mean for investor and for metapool project
okay so that the the revenue model if you like or how does how does metapool make uh um generates
revenue right or fees in that way so first of all um on each token or each let's say token staking or
on each staking um the user that stakes with us gets uh staking rewards right we take a fee on the
staking rewards so that means if you're uh for example on near it's four percent of the staking
rewards not on the underlying tokens but just the staking rewards and now these fees normally
um because we run this system of distributing it to a multiple number of validators with you know
with a maximum fee with an uptime and so on and so on and that's basically um that job that we do
here right is is what we take the fees for first of all but second of all uh we believe that if you
would be trying to do this yourself um not necessarily um you would have a higher apy than
we have because you just need to stake once to the wrong one which has a downtime or something
and then you you just you know the fees that that you pay are are um much lower than the loss
of the apy for that period and in our way or in our system everything is automated so if somebody
doesn't produce any any apy or any blocks really as a validator but as apy for the user then he's
just gonna get the uh you know the unstaking and it goes to a validator that produces that is the the
way how it works um for the staking rewards that we take then we have on on each token as well
depending on the token if you if you stake normally um sorry if you unstake you have to wait a certain
period of time which is called delayed unstake on our website the delayed unstake is not delayed by
us so it's just a normal unstake to say i want my tokens back then we go to the validators and we
ask them back i mean the system not we but everything is automated but the smart contract if like asks it
back and in near for example you have four epochs till the unstaking happens right this is free so there
is no a cost for unstaking in a delayed fashion now if you say i want to have a fast unstake i want to
have an immediate unstake then the fees are between 0.3 and 3 percent depending on the amount and how
much is in the pool currently and so on liquidities in the pool so that is something that also is
charged by by metapool so if you want your tokens immediately back there is a small fee if you say no
i'm fine with it i just want them back eventually you can just delay unstake and just wait and you
don't have to pay the fees so and it's a combination of all of these um all of these uh um factors which
drive the protocol fees to the to the meta pool now um the more the more fees we make on the or for
example the near side we give everything back to the community right so the idea is the more the
protocol um you know develops itself and grows the more value the protocol generates right and the more
the whole ecosystem grows the more valuable it is and that's how how basically the value is created
um eventually i cannot disclose all the details uh half reason because i don't know all the details
right now but the other half reason is because it would be too much alpha but eventually everything
is community driven and then the decisions what to do with the tokens and what do will be decided
eventually by the community or by the token holders basically but that's a little bit too early still
we're working on that and eventually how how do you participate in value creation yourself i think
that was your second question what's your benefit if we make a lot of protocol fees or less protocol
fees is the way you participate in it is the way you can steer and decide it yourself okay so that's the
ultimate uh dow way is that you don't have to ask me what and how we're going to do it
but you as a participant in our ecosystem are going to be the voice that can give your
idea suggestion proposal and if others agree with you then it can be formulated into the next concrete
action step okay got it thanks for explanation marcos thank you sir have a nice day thank you for
joining in you too thank you
that was the last one or one more
i have one and can you we have to to request to speak and now uh hello young
hello good afternoon how are you
hello hello yes hello sir we can hear you loud and clear
go ahead so i just want to ask um concerning the ambassador program that you are talking about
that um is it that when joining this discord will give um a person the opportunity to um to join the
ambassador program or even in being and being in your um twitter handle also give the um ability to be able to
pass speed in the ambassador program thank you uh thank you if i understood your question is how can you
how can you inquire or or do the next steps for the ambassador program the answer is discord definitely discord
uh if you want you can go to to the telegram group as well to start the discussion but it will end up
at one point in in uh the discord group you can also send a message obviously in twitter i think that was your your question
the issue there is that the person which is francisco great guy managing twitter and all the socials here
is not the right person for the ambassador program that will be another colleague which is alan
and that guy is not managing the twitter account so you will have to end up somehow on our discord
and it's also the best place with all the information so
um if you are interested just join the discord open a ticket
uh as a support ticket or partnership is up to you
um on the on the left side and say i would like to understand how the ambassador program works
and then alan will pick up the ticket and happily explain you all the details
and that counts for everybody else as well who's interested not just for you
hope that answered it
so i think no more questions uh or do we have we have uh last last two questioner
okay okay okay okay okay parto hello parto
hello parto
parto can you hear me
yes i can hear you please yes hello hello yes go ahead sir we can hear you what's your question
parto i see near is a emerging blockchain and have some new users
uh defy users my question is what's your plan in next year to attract more users especially
beginners from asia and pacific region thank you sir thank you um good question um i will speak for
meta pool not for near uh because near as the blockchain um might have some other initiatives
that i don't know uh for meta pool is like um and we're gonna keep going and focusing on
on on countries in southeast asia asia and latin america and so on so we're gonna develop a couple of
programs so to speak with ambassadors there we're gonna push that side and have more local content or
local language localized content that's for sure something that we will do and and then again this
is also something that it goes back to the community uh we had some initiatives of people
going to to events there which which you know got upvoted and therefore um were were successful on our
initiatives page where people can vote uh and the ambassadors are doing their good job on promoting
the brand the mission and explaining to the people what what we're achieving or trying to achieve here
uh so that's that's that's a good one and uh for sure um concrete action steps um we will look for
also more partnerships with some promising protocols in that area and uh you know with crypto everything
is very very fast changing so maybe uh that's not for the entire year we will have to see what
happens and how it develops and then take it from there
so and then i believe we have one more question yeah uh we have one more question okay next uh jerry
let's go jerry last question of today make it worthwhile
sherry yes looks good
hello can you hear me hello jerry
yes we can hear you loud and clear go ahead all right my question is um what are the security measures
you've put in place my question is for metaphor
uh security measures as in safety i would assume and and and so on so we put security very important for us
so security is probably one of the most important things that you can have in a protocol because
it's the security that makes also the protocol safe first of all checks for all the issues but then
on the other hand is also what builds the trust right and building the trust is is is by proving
something not by uh stating something so how do we solve this issue um but first of all we have of
course uh great great people developing these tools they're all very very experienced and very professional
uh um great people in in developing of course blockchain applications and and the smart contracts
uh but importantly what we do is we don't uh how to say we only go to the top top top top
all the firms in the space this is blocksec this is halborn and uh you know they are
probably the best ones that there are and we ask them for doing audits so everything that is done on our
smart contract that is audited by the top security firms or top audit firms
uh in fact if you if you are interested about the security on our landing page if you scroll a little
bit down uh everybody who's interested can do that scroll a little bit down and then you will see there
from blocksec and and halborn and you can see all the all the reports for all the smart contract related
stuff uh so whatever uh is there um or was there can be can be read as a statement and audit from these
companies right so that's how how we ensure to the best of our knowledge and capabilities to make sure
that uh the the protocol is safe and the users can use it safely um there is a couple of other measures
but these ones are the most important ones so we are not jeopardizing here the security to save money
on the audits we take the absolute best ones and therefore um you know um always knock on wood that
nothing happens but so far we have been uh very i would say successful nothing happened to any of our
contracts since two years we just celebrated two years anniversary uh on mainnet or near nothing happened
there and i think this is a testament and also a compliment to our great team of developers that we
have but also um a great job done here by the audit firms uh which are the best in the industry
yeah thank you so much thank you have a nice day
um so okay
uh are we accept uh
more are we and uh yeah i can accept one more if there is one more otherwise i i it we can also end it
but there would be room for one last one if anybody okay i don't see any hands okay one more i pick uh karma
hello karma please
okay one more i think uh karma can you hear us
you are muted if you are saying something
no no it's not
yeah
maybe maybe maybe some technical issues
okay
oh wait things
okay
i think
hello now now
i think now now can you hear me yes loud and clear karma tell us
all right for meet up for metapool i just can you enlighten us on your liquidity
i intend to provide liquidity for the near protocol thank you
i'm not sure it was a bit noisy what the question was but i think i
you asked how do we provide liquidity on the liquidity pools there is two liquidity pools
basically there is the fast unstaking liquidity pool on on our website or on our systems if you
like usually these are provided by the by the users itself if there is not enough liquidity
we can provide it also but usually these are people that provide it themselves so this is
like an open amm pool um on the other pools is the same situation so um for example on the aurora
side we have now triple incentives at the moment with three i mean triple incentives from three
different tokens by just providing liquidity on sd aurora aurora you get three different tokens which
is aurora tokens trisolaris tokens and and metapool and our partners at trisolaris have done special
development just to offer multiple tokens as a reward so that's a that's a premiere for them so
we're very happy that's you know that we could do this uh nice pool together with them also thanks for
the for the for the aurora tokens and of course also for the uh um trisolaris or try rewards um yeah
at the end is is people can stake or or provide liquidity themselves to the pools if there is not
enough we can we can maybe facilitate that if that is needed but usually it's from the community they start
to put these pools together and start earning the the lp fees uh by doing so
hey all right all right bro thanks for thank you sir have a nice day and you too thank you okay
thank you so much everyone for asking the questions and thank you so much marcos for answering each
and every one of them in details um um thank you very much also everyone for your time and all of
the knowledge that we have shared today and thank you everyone who joined the ema today uh hopefully we
all can get a lot of benefits and knowledge from this discussion and we will see you all in our next
cryptoscope event also we will have five winners for the ones that ask the best questions and our host will
tell us who the five winners are uh also marcos could you share with us the social media accounts for
all the people who are listening to follow yes absolutely so first metapool.app is our website
um if you go down you will have at the bottom uh left at the bottom you have the telegram link you have
the twitter link you have the discord link medium gitbooks linkedin tiktok youtube we have all all there we
are uh fully fully here francisco doing here a great job with all the socials uh my colleague so if you
want to go the easy way you just go there if you want to go just here to twitter or x as it's called
it's meta underscore pool that's our um x account um and as i said if you want to go to discord or telegram
the easiest just go to our website scroll down to the left you will find there the telegram logo or the
discord logo click on it and then we are connected as a team all together
okay thank you so much marco so don't forget everyone to follow
and then we will let you guys know about the five people who won with the best questions
thank you so much everyone for today have a great night thank you thank you everyone was a pleasure
being here thank you for having me and let's take together bye bye everyone
