I'll see you in the next video.
I know everyone can you hear me yeah I can hear you
okay uh we just gave a couple of minutes for everyone to get in we also
inviting more people from the community uh but in the meantime we can start I
will say Harvey are you there yeah I'm here
all right first of all welcome to the d-force community
uh do you mind quickly introducing yourself and then we will talk about us
yeah I'm Howard from the aspida I'm the video aspida and today I'm here to talk
about the campaign we have together with the d-force so thank you
yeah yeah okay uh let's give some context uh so yesterday d-force shared
another campaign that will be part of the step
powered arbitrum campaign in case you didn't know
d-force was eligible to receive one million
arb tokens from the foundation which we are distributing
through a number of campaigns on arbitrum starting from last week
until the end of march more information on our blog medium twitter you already
know but yesterday in particular we
announced this new campaign in partnership with aspida
uh which we're gonna disclose more in details today
uh so let's get bright into it uh what is the motivation for the team
to build a project like aspida harvick can you tell us something about that
sure definitely as an asp protocol aspida features easy conversation and
transferability across multiple chains and no limitation on the amount of
funds ever since the merge shift is a ruin
from proof of work to proof of stake aspida has leveraged the future of
liquid staking and aimed to provide a safe and
decentralized staking option for the market
while we are exploring the dbt application by s3 network and oval
network as well as the lsd firewall in the summer
and the growth of uh liquid restaking recently we found it's a proper time for
us to join the battle of lsd
okay so uh nsd uh i think everyone knows but it stands for liquid staking
derivatives it's a trend that started as ethereum went from proof of work to proof
of stake consensus mechanism and it means that
people can stake their ethereum these ethereum
become part of the validation of the blockchain
they receive rewards for that but people don't just uh you know lose the liquidity
behind for staking they receive a derivative
token yeah uh and with this they can you know
engage in uh in defy activities and while still
earning uh yield on the ethereum that they deposited in the first place
so this is roughly about the trend can you tell us more in particular about
aspida sure uh aspida is an intricate liquid staking
protocol we build on ethereum that offers a decentralized
secure and highly compatible staking service
by leveraging the power of liquid staking aspida allows
users across different layers and networks to earn profitable rewards
while maintaining the flexibility to participate in multiple
staking opportunities just as uh the host said
before and aspida all offers a range of features that are set in
apart from other staking protocols that first one is
users efficient staking experience aspida strive to create a seamless
and the user-friendly staking experience the second part
it has the flexibility aspida will provide
user with the freedom to stake their assets across different networks
and that flexibility allow users to diversify their staking
portfolio and maximize their earning potential
just uh for example you can only you can not only
stake on the ladder or rocket pool you can also
stake on swell and aspida and also dynamically yield
optimization aspida analyze advanced
algorithm and a unique interaction designed to optimize the yield
generate from staking activities and the fourth part
reverse security measures aspida prioritize security
and ensure the safety of users assets as we know
all nowadays that the user cares more about their security of their online
assets and the fifth part seamless instability
aspida is designed to be highly compatible with different networks and
protocols the interoperability enables users to stake their
assets across multiple networks ensure they can
take advantage of the best staking opportunities available
we can choose multiple networks you have i'm sure you have
option we can choose which one or where often
okay that was clear so aspida is again an LSD protocol where people can
stay ethereal we're gonna get into details for that
and i think your main selling point is that you
uh claim to be more efficient than other LSD protocols in the sense that you
use the liquidity of the users in a smart way that generates yield on top of
the ethereum stake in rewards uh about security i also want to ask
you more about that later uh and yeah interoperability obviously
if you build on evm you have this great feature that you can easily deploy and
more chains we're going to talk about the launch
i guess later because as of today i want to
clarify that aspida uh it hasn't launched yet i mean the the
partnership with the bolt-in partnership with default
is launching tomorrow as part every thursday we renew the
sdip the state barbiturum campaign so you're going to see
arb allocated there uh but aspida hasn't launched yet
officially so have you want to have something on top of that and then maybe
tell us something in detail so how does aspida work what can use us
how can users interact with your password yes
to give us a specific idea about how aspida works
i will go with the workflow about what you get
from the aspida what do you keep to aspida first
you also pledge the ease ethereum access or st st ethereum
access through the aspida protocol then they will receive a ea ethereum tokens
and aspida includes st is part of liquid
forming a trading pair about the st ethereum and the a ethereum allowing
users to make an instant exchange by depositing a ethereum into a staking
contract user will receive a st etish along with accumulating yield generated
from the st ethereum i know that part we have
mentioned a lot of tokens but we can explain it later
uh with details so in this part aspida will best use
ethereum tokens for staking with validators and the root the staking
package to network staking contract so
basically you stake ethereum or st ethereum to aspida and aspida will
give you a ethereum and if you stake a ethereum you will get
sa ethereum that's how it works briefly
sure so yeah as every nsd protocol you stake a theorem you get a derivative
and you can do something on the blockchain on top of that
uh maybe i think it's time to move on to the campaign introduction so
can you tell us uh about your your points your shields campaign uh that
will be we'll be ongoing on top of the campaign with dforce that is uh going
with stid can you walk us through that yeah
uh definitely we just launched a joining center campaign with dforce
as we mentioned today and that's the major issue we are talking today for the
ma uh we uh we're sure to announce that exciting collaboration campaign
hosted by aspida and dforce on arbitrand this campaign is scheduled to kick off
on february 1st which is uh less than 24 hours
and for duration for 38 days during this period the participants are invited to
forge sa ethereum assets by depositing ethereum or wst ethereum through the
aspida dforce sd world on arbitrand as a gesture of gratitude for all
participants we are pleased to offer great rewards in this period the
participants will have the opportunity to earn both
arbitrand rewards and the show points show points is
aspida's point system and the one standout feature of this campaign is
it's a remarkable flexibility there's no minimum deposit requirement you can
deposit any amount you want in the works and
there are two stage of the campaign one is the
free sticking period another one is the lockup period
and during the lockup period those who deposited ethereum or diversity ethereum
in the world will be able to claim respectable saet at the system exchange
rate and after lockup uh phrase expires user will
be able to claim their rewards including sa
saeth aspida extend a warm invitation to all
participants to seize this opportunity we are excited to welcome you to this
campaign and hope to provide an engaging
experiments for everyone involved we as part of the uh default arbitrand
incentive program aspida had established the world together with
default to increase the lst adoption in the
option that's the majority of this campaign
okay yeah you were very clear so the
campaign will start tomorrow with the vault
which will be deployed on d force you will see all the comms relative to that
on our social channels as well as aspida's
it will last for 38 days and it's divided in two phases
the free staking one and the lockup period during the free staking one you
can deposit and withdraw any time in the lockup phase as the name suggests
uh you cannot uh withdraw but there will be another
phase later after the lockup phase uh
at like the ninth of march according to the duration of the campaign
where you will be able to withdraw back to ethereum as well as the rewards
accumulated so starting tomorrow in particular
of 16 000 arb tokens will be distributed for the next seven days
for those who deposit wst if so the lead or derivative token of ethereum
on the vault that we're going to launch so very interesting opportunity right
there also there's no minimal deposit there's
you can withdraw at any time and we really can't wait you to to see you
on board the force has always been at the forefront
of nsd market we have worked with lido and lido in the in the past
we are one of the largest holders of wsd
ethereum optimism because of the campaign we've done
so we're really proud to still push this narrative which is very important for
the network and very interesting also for the user point of view
with this latest integration of aspida so i anticipated
a bit but harvey can we go into the details
of this campaign can you elaborate on the periods
and what's gonna happen on each during each phase
yeah sure definitely uh for the whole introduction of this world
process and the rules and the rewards you can check out
speed us twitter in the medium and here we are just give a shot of
washing of the whole process so we divided into two parts
free staking and uh lockup phase in the free staking
you can withdraw anytime and it's 28 days and you will get bonus for the
option if you stake the double st
ethereum and in the lockup phase you cannot
withdraw your ethereum but it's only 10 days thing and you will get
more option incentive by the end of the lockup phase
and if you don't withdraw in the free staking
stage you will get a huge amount of incentive in the bonus pool
in the first stage and that will lead to our to add to our next part of the
rewarding show about the uh how much uh
i've shown will be distributed in the uh two phases
and the difference has already mentioned some of it i will just
elaborate it in the first thing stage you will be uh
for if you have uh just stake freely and you don't withdraw you will get like a
total uh 10 16 grants of the uh option and
together with as be the token of the shields
which is a reward point and uh for every uh option you earn you will get like
200 shows in together and uh
for users who only stake for the ethereum you will
get only the uh shelter rewards instead of the
i think and in in the end of the lock phase
participants are able to claim their incentives
including the arb uh rewards and the shows
as well as their sa ethereum in the end that's
the major point you should check your balance at that time
so i think that completes all the part of the reward
intro and the processing intro
sure so very clear maybe let's uh just recap maybe
on the words of the compare because that's obviously the most interesting
thing for our users so again 16 000 arb given for the next week and then
you know we basically decide the numbers every week but
we don't often you know we we keep them we try to keep it stable
so you can expect continued rewards for the through all the campaign we're
starting with 6 000 arb uh have it uh just recap this because
again i think this is the most interesting information
sure we will we will uh in the final conclusion we will give you the details
for the reward point to for you to take away
and so i think we maybe we should uh explain something about the shells
about the aspida reward token as we mentioned
and the shells symbolize the individual participation of each user
in the campaign they will be redeemable for the
aspida token at the token generation event
and for the distribution of the arb incentives the geofolocation is set
as we target is 16 grams and 60 percent of them
will be allocated as a free-staking phase
equally to 9 600 arb and the remaining is the remaining 40 percent
equally to 6 400 arb will be accumulating the bonus pool for
distribution according to the rules during the lock-up phase
and distribution of shell incentives a total uh
a total number of the shells will be allocated as
as an incentive for this event for a number of
yeah three million shells and this is the distributor
distribution rate of the rb to the shells will be 1 to 200 and
and we can give us uh distribution
uh distribution rules for the uh shell incentives for the instrument pool use
the shell through was equal to user the amount of the user stake that
uh and the share compared to the total
eastern mistake and plus the distribution rate
and the amount of shells received per second will be based on the user stake
the shell reward is calculated by the their shell
their share of funds the predict the percentage of a user stake amount
were still total stake and for the uh distribution of uh
arb show incentives we have already set a distribution rating the
uh in the product uh in the campaign page you can check that
point later so we can go to some frequent ask details
about what should well be the next step for the
world campaign yeah so uh let me uh just again recap so a lot of numbers
obviously it's not easy to follow but there's
articles in the aspida blog as well as on defos medium you can access this from
twitter uh but a total of three million two hundred thousand shield points will
be given as part of the aspida incentives
uh as part of the point program as well as
as i mentioned uh defos as one million arbiturum pool
to distribute on arbiturum through different campaigns until the end of
march and for the first week we're going to
allocate 16 000 arb to this campaign uh so these are
roughly the numbers to understand the stage
the the faces and the conditions it's very simple it's very straightforward
but i suggest you check the the medium article either on defos on the
or the aspida side so uh yeah since you know
surely there will be some doubts even after the articles let's go
through some quick uh questions that might be asked
so uh what is the next step once these campaign finishes yeah
uh we uh we assume they're trying to work campaign as a midnight alpha
version and we will officially start the launch of aspida midnight in the late
fab with shell incentives
and okay clear uh when does the bolt end oh it will
end so either the the freestaking and the lockup face
it will end as march 19 uh nice and you should check your rewards by that time
until we show your instrument
okay so it's uh one month and 10 days yeah you mentioned the campaign is 38
days so that makes sense uh can you tell us something about the
security of aspida have you launched a bug bounty
or anything like that but uh or have you even
are not it uh can you share something with us yeah aspida cares a lot a lot of
the security of the program project so we consider about a bug bounty and also
the all these things we had uh we are negotiating a
bug bounty uh with the email file with uh a certain amount of the
uh of the bug bounty it's like uh uh 50 grants for the initial stage for the
hackers to check our post goes to see if there's any mistake it will be
launched in the coming weeks as we have already get our audio report
from the max buy and we will publish that other report on our github and both
there and both on the uh audio github so
that everyone will be certain that we are safe with
okay thank you that's a very important point to clarify and i'm glad you did
uh can we also you know staying in the security field
can we talk about the slashing risk for aspida as a staker can you elaborate on
that yeah we got like five points for the uh
to reduce the user slashing risk first i spent on their
uh on their security measures and that part
said aspida has uh uh a total assistant beautiful the slashing events
and also aspida is non-constant or minimizing the
counterparty risk and aspida's codebase is open source so everyone can uh check
and check their uh work and aspida pledge ongoing
all this off is small contrast and aspida minimize
stickers the sticking risk through its cohort of
word node operators i still have a strong
experience with the node operators and especially for the eastern world
okay clear yeah that's also an important point and i'm
glad you you weren't prepared on this uh so
we are approaching the the end of the ama there's still a couple of questions i
wanted to ask you but i i would like to use this time for
those who are listening to us in case you have any question
please leave it in the comments of the space here on twitter
and in case we haven't answered that already we will surely
ask country to to apply to that uh in the meantime one of the last
questions obviously is the roadmap so what do you plan uh how what can we
expect from aspida in the in 2024 and in the in the
coming years what can you share sure uh in the uh
we have already mentioned about the official
minute launch in the q1 and in the next uh in the march we will consider about
the later two deployments and also we have already talked about the
liquidary stacking and the integration with each layer were on the way we were
considered in the q3 to achieve that's so much for our
plan in this year and for all the information we mentioned
in the ama we can check the social links that we provide in the
comments everyone can feel free to join our
committee or to check our twitter to see
the campaign details and to see the incentive details
yeah surely uh you mentioned the restaking you you mentioned
eigen layer i think that's a very interesting trend
uh that is uh it goes to you know amplify the lsd trend which is already
important and useful as i mentioned earlier
uh we see projects popping up every day uh
for lsd as well as restaking and i'm sure
that the market will understand the potential of the trend and i'm glad that
as default we are supporting uh it in the form of the support of the
vote for a speeder so i wish you best of luck i can't wait to
have the votes live tomorrow i've seen it already in the test
net i really i can't wait to to have the
default community look at it and also to involve a speeder in this
and uh yeah i don't see any question i think we call that everything once
again uh the numbers the details of the
campaign they're easier to understand if you just read the articles
and also tomorrow and also if you have questions ask our community ask a speeder
they are on telegram they're on discord they're on twitter you can bother them
basically everywhere um so yeah i think that was all for this
ama uh thank you harvey for taking the time to
explain to us what is a speeder i really i'm really looking forward for the
lunch of tomorrow yeah we uh we hope the campaign will get
a successful results also thanks for your time
thank you i think the incentives will will do their role i think
there's plenty of uh incentives from users which i think is the most
interesting thing and then one has the time to really understand
the potential of a speeder and of our integration of it
so uh thanks again harvey uh guys check out our channels leave a
follow to a speeder and i will see you for the next element
thank you for being here thank you