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I am Anchith and I will be your host today. Welcome to another session of beetroot twitter spaces AMA.
Today joining with us will be fluent finance and we will be exploring more about fluent finance, what it is about and what they have been working on. And we have the honor to have with us the Chief Executive Officer of Fluent Finance joining us.
So without further ado, let's welcome our guest Bradley Algood and start the AMI session.
Hi Bradley, it's great to have you here today. Can you please take a moment to introduce yourself to the audience?
Yeah, thanks for having me. Bradley, all good CEO of Fluent Finance started my career back in spectral economic zones, which focuses on using innovative policy and post-country to create economic development and attract businesses.
So if you're familiar with Dubai, D-I-F-C-A-D-G-M, those are all examples of special economic zones. I founded a large non-profit and Think Tank and Research Institute, then co-founded the Catawba Digital Economic Zone, which is a fully digital special economic zone built with
the tribe in South Carolina. They have digital asset, banking frameworks and commercial code and all this kind of stuff so you can go on there and create like a company via online. That's in production now. After that got into digital transformation of governments using blockchain technology so I built a lot of their early sovereign
identities, people, registries, property registries, tokenization of everything from carbon credits to commodities in the ground and really spent a lot of time helping governments around the world better understand how they can support their citizens using blockchain technology.
About three or four years ago, I got really big into commercial banking, started hosting round tables around the world with central bankers, regulators, and tier one financial institutions to better understand the difficulties they had in implementing new infrastructure using digital assets.
realized there was quite a lot that needed to be done and at the time early stages of DeFi were starting to come out. DeFi was always not necessarily aligned with banking and banking was a little bit more bureaucratic and they had trillions of dollars in assets under management.
So they didn't really feel like they needed to respond to the technology yet, but really got a deep understanding of how the two worlds work and how they can work together. And during that process, I found a pretty significant gap in a low counterparty risk asset that
embodies both the basic principles of defying cryptocurrency, owning your own assets and all that, and also could fit into the traditional financial system. So then me and my co-founders founded Fluent Finance within Tent to solve that.
Perfect. I think thank you for the introduction. So I think you actually started covering my second question where I was going to ask you like if you could give a brief introduction to fluent finance and its stablecoin us plus.
Yeah, so about, I think it was about two years ago now, we founded Fluent Finance, brought together. My co-founder is the co-founder of Central Bank Digital Currency. He did the first one in Eastern Caribbean. My other co-founder was working for the government, helping them build their
and design their core banking systems to be able to implement this for central bank digital currency. So we really brought together a team that had experiences from both central banking, defying cryptocurrency as well as traditional banking and finance.
started deciding how we could build something that we thought could be both used by traditional finance, large financial institutions because today their banks will not hold on their balance sheet any form of crypto and will definitely not hold any existing stablecoin.
And we also really wanted to dive into what are the problems with existing stable coins and digital assets and how are they not really living up to what cryptocurrency was about, which was transparency on your assets, all those different kind of key principles, and how we could build those into this product.
and really solve a lot of problems for the retail users and the end users and the people that are active in DeFi to provide them a better stable asset with greater benefits, but also just really wholly embodying what cryptocurrency was meant to be.
So we found fluent in us plus to do that. US plus is our fluent very high level. We built a stablecoin and deposit token infrastructure and us plus is our first product of that and that's our stablecoin. That is very interesting.
So we were just wondering like with a project like Fluent Finance, there is definitely an amazing team working behind the scenes to put everything together. So could you please explain a little bit about the structure of the team behind the project and any prominent supporters or partners that you have or you are planning to acquire this year?
Yeah, so the team is pretty stacked. So the two co-founders now sit on directors and support me at the board level. One is the co-founder of Central Bank Digital Currency. He also runs Panther Protocol currently, same is Oliver Gill. He's an absolute beast and we're really happy to have him on the
team and Jaime Plata is my other co-founder. He's been designing core banking systems and enterprise blockchain systems for banks and central banks and large financial institutions around the world for quite a while. My COO is the previous head of city holdings
So he essentially built out and wound down all of city's consumer business around the world throughout Africa. And you know Latin America, he was the CEO of the CEO of city Brazil. My chief compliance officer was one of the early employees and compliance employees at Paxos ran all
All of their compliance programs worked under the chief compliance officer for many years, got all of their different certifications. My chief legal officer is one of the top economic development attorneys in the world. Our chief technology officer has
have multiple exits, built many companies, early contributor to ETH built out like some of the first ETH wallets and usability enhancements for the ETH blockchain. So we were just really fortunate across the team. We're a pretty lean team. We have to like 15 people, but we're absolutely
super high skill which allows us to do pretty significant things with not too many people. Regarding partnerships, so I didn't talk to this too much. We focus on a consortium of banks. We decided that decentralization is critical, not just in
the sense of the asset being on a public blockchain, but even the reserves being decentralized because it doesn't really set up a single point of failure, which was really well validated with the recent bank runs and bank closures. Fortunately, because we had a big ecosystem of banks, we weren't really hit with that. So we have two
banks in the US, one bank offshore, we integrate directly into the core banking systems to provide a really seamless flow from people having fiat in their bank accounts, being able to issue and redeem our stablecoin, not necessarily needing a centralized exchange to onboard, but if they so choose for liquidity
it still makes a lot of sense. And then we have banks in Africa, Mexico, and UAE that will be rolling out in the next six to 12 months. We'll also be rolling out multi-currency stablecoins with a Mexican peso one to serve us a lot of cross-border remittance in that market.
And then also we're really heavily invested in trying to launch a Durham stablecoin. And again, talk to this a little bit later, but there is an over dollarization in our cryptocurrency industry. Everything you think Bitcoin, Ethereum, everything, all those markets are paired to the dollar. So if you look at Bitcoin's price, it's always a
associated to a dollar. And that means that we have to be beholden to whatever the dollar, you know, wherever the dollars can be held and how they can be settled. And that essentially means we're under the US government's thumb. So to create greater censorship resistance, we need other central banks to be within our ecosystem. So that's another kind of
thing that we're focusing on. We're also really, really heavily focused on working with different DeFi protocols. So you guys will see plenty of updates coming from critical DeFi protocols that will be working within launching various different types of liquidity pools and real world asset benefits.
That's really good and I must say you have put together a very talented team. So moving to the topic of DeFi, I would like to know like as this about your perspective, as the CEO of Fluent Finance, what do you think are the principles of DeFi and what is the counter party risk?
So the biggest thing that this industry gave up and really got bitten the butt because of it with FTX claps, tons of bankruptcies is we kind of just throughout the window the basic principles of defying cryptocurrency, which there's really four main pillars, right? Own your own keys and own your own crypto, being
able to verify and not having to trust, being able to remove counter parties, right, and use smart contracts for different activities, and being able to have a decentralized offering. Well, we decided that we want
We wanted greater liquidity, greater yields, greater so-and-so, so we put all of our money in other people's custody. We decided to throw out these really critical principles that all of this was founded on just because we wanted to make greater yield and greater money.
All-profit seeking. And because of that, we went through this re-hypothication of assets over and over. We were okay with having opaque reserves of the exchanges that we work with. And they're on the back end leveraging those assets in ways they shouldn't have.
A lot of people lost a lot of money. The counter-party risk when you sacrifice those four basic principles of defying cryptocurrency goes up drastically. That's pretty significant when you think about it because a lot of people think, "Oh, regulated, centralized. It's more trusted." Well, it's not necessarily the case.
If it's transparent, you don't have to trust it. You can verify what it is. If you're engaging with a smart contract, you can look at the code and how the smart contract is operating and know exactly how it's going to execute when you're interact with it. You don't necessarily need a coinbase or
a circle or someone else to tell you what you can and can't do with your digital assets right like you know it's pretty problematic if you end up on either of their blacklist you can never really redeem usdc for us dollars right it becomes very difficult so and they can just freeze you out let's say you have ten million dollars in usdc
they can just freeze you out from being able to redeem it. Where we really saw those counter-party risks, we absolutely decided to want to build something that fixed those things. That was in grain from day one, that those four principles, decentralization on your own keys, removing counter parties,
And that they were just a key part of the infrastructure from day one. So that's what we did. Understood. So I mean, still related to the last question, if you could explain more how fluent removes the counter party risk by using the principles of defile.
Yeah, so first we really support own your own keys. So we issue directly to like when we onboard an issue or someone that can issue an redeem, we issue directly to their non custodial wallet or institutional custody of their choice. So essentially they either fund our account
or fund the reserve account or they move money directly from, let's say they have a bank account at one of our consortium bank members, they can move money directly from their operating account to a reserve account and issue right to their non-custodial wallets. So you don't have to onboard to
to a custodian, have lockups, have these weird periods of things that you have to do. You go directly to your non-Custodial wallet and then you can do it as you will. That was our implementation of own your own keys. Secondarily, removing centralized counter parties.
We have a consortium of banks. You can go to any of the consortium of banks and open account and be able to issue and redeem us plus from those financial institutions. And we made it happen in a protocol driven fashion. So it's really API integrated to core banking systems. We have a private layer running on our three quarter that has a whole bunch
and make your checkers and will as soon as you move from your operating account into our reserve account at any of those banks, the protocol will start to issue stablecoin to your wallet through smart contracts to multiple layer ones, XDC, Arbitram, whichever one we're operating on.
And then back the other way, you hit the Redeemer contract and the Redeemer contract goes to the private layer. It checks that, you know, that public key matches an identity, matches a bank account, does a little maker checkers, and then in seconds and minutes without needing to interface with any people and largely just in a protocol driven fashion, you receive
receive dollars back into your bank account. And decentralization, there's multiple things we did about decentralization. First is we did bankruptcy remote structure, so we as an organization have multiple entities that are completely independent
of the technology company which I'm CEO of that get regulation and are able to issue and redeem and have reserves and so for whatever reason if my technology company goes bankrupt there's nothing that's going to happen to the reserves which is super critical because we both circle and tether you have that centralization and bankruptcy problem
Also, we again focus on a consortium of banks and further decentralizing those reserves. And even more so, we focus on multiple jurisdictions, right? So we're not wholly bedded in the US. We have both US and offshore, but we're quickly expanding out to other central banks around the world.
to be able to issue and redeem those those those stable coins and really have a fully decentralized and censorship resistant network. And then obviously, you know, we wanted to really embed a lot of those principles into that into the stack and and that's what we did.
Perfect. So before we move on to US+ can you explain the difference between a stable coin and deposit token? Yeah, I mean very high level deposit token is just issued by a bank. So we're typically money transmitters and it's just
Just like a money transmitter in the US or an EMI in the UK or whatever the case is, a broad vast VARA are issuing stablecoins against reserves. Deposit tokens are actually issued by a bank that can own deposits and are issued against deposits they have in the bank.
which from a regulatory perspective, open up a lot of really interesting benefits. You can directly give yield to the people that are participating in that deposit token because the banks can give money market yield to people that are depositing in their bank. You also have greater
regulatory protection when you're a financial institution such as a bank and you're able to issue then if you're a trust or something else under a different regulatory framework. When we founded Fluent, we decided that this was really going to be a consortium of banks or a federation of banks issuing stable
Obviously, it takes time for banks to get their regulatory approvals, both in the US and offshore, to really be able to issue deposit tokens from their underlining deposits. But, you know, we decided we'll issue our stablecoin first and then work with banks around the world to
to issue these deposit tokens or to be issuers of US+ and actually turning US+ into a deposit token rather than just a stablecoin. And so that's kind of largely the difference. It's really just kind of mostly a regulatory nuance than anything, but you do open
a lot of benefits with the positokins and one thing that people see a lot of is CDBCs like central bank digital currencies and where they're going to be a wholesale system settling between different financial institutions, a lot of the retail CDBCs that go all the way to the consumers have really failed.
because they're not engaging the commercial banking system. Once you get that wholesale CWBC, well, how do those banks reach into retail? How do they issue to their customers and take advantage of the borderless settlement that comes with cryptocurrency? That's really going to be with the positive token.
So you will see a huge swell in deposit tokens over the next, I'd say, you know, two years. You're just going to see them pop up all over the place. That's pretty interesting. And I'm sure the community wants to know more about what fluent finance has been doing with us. Plus, so I was going to ask like what makes us
different from other stablecoins and if you could elaborate more about what are the functions and benefits of the usplus token within the ecosystem. Yeah, so real time verifiability was our first goal. You know, when we were designing us, we saw the problems with tether and other stablecoins providing, you know,
either opaque reports or providing reports like 30, 60, 90 days after reserves, which means you really don't know what's going on. And it also opens up this capability for them to do whatever they want with their reserves, bring it back in like doing high risk short-term
high liquidity to gain higher yield and then move it back and deposit it in a money market for the accounting process and take a snapshot, right? Even, you know, we found issues with true USDs transparency, which was supposed to be the best in the industry. So what we decided was the best
option is to integrate directly to core banking APIs from audit to core banking systems and present that out through an Oracle. So we did one of the very first proof of reserves directly from a core banking API. I think the only one that's ever done it other than us is pound token. And then
We also took it a step farther and we offer our bank gateway API, which is connected to many banks that we're operating with, actually has a proof of reserve from multiple audited core banking APIs in the reserve. So you can even go and double click on the bank gateway API. It's open for anyone.
chain link reads it and reports it as a total balance, but you'll see like customers bank X amount of dollars, deltech bank X amount of dollars. So you can actually see the balances of each and every one of them because we wanted to have a greater transparency and we're still working down to improve
transparency as a whole, verifiability as a whole, by being able to do proof of transaction, right? Like, what is the transaction flows between these financial institutions and, you know, are we purchasing different types of investment products and when are we moving money to purchase different types of investment products?
I think that's really important for a high level of trust across to develop a high level of trust and actually have a verifiable underlining collateral. The other kind of ones are really key to those earlier principles, I said. We issue directly to non-custodial wall, we don't require you to have a counter party.
same way you would otherwise. We also really focus on the centralization principles we're launching in multiple different jurisdictions so we'll be quickly having multiple assets that you can use and implement in multiple currencies that you can use. And then, you know, another really big thing is
We're really focused on taking a lot of our revenue generated from Treasury bills and fixed income on our underlining reserves and giving that back to the community, whether that be through DeFi, LPs operating in curve or Uniswap.
launching rewards through that will go into those pools for people that are LPing. Also, air drops on exchanges. Our goal as a young startup is to grow. If we can offer a consistent, safe, stablecoin yield, return back to
of the people that are participating and supporting liquidity through different types of marketing efforts and offering rewards and airdrops, then that's absolutely critical from our perspective. So that's another thing is you can earn while you support the liquidity on different venues.
got it. So I was wondering can you discuss censorship resistance in a stablecoin network? Yes, so censorship resistance is really critical and was again very very important in the founding of Bitcoin and Ethereum and other assets
is that no one party government or other entity can come in and just cancel the whole set of infrastructure. And so when you're looking at censorship resistance, there's been a lot of bets that people have made. A good example is you guys saw what happened.
with BUSD and Paxos. Well Paxos decided to wholly focus on New York DFS because that's the highest regulator and all the financial flows through New York and what happened is they did one thing that the SEC didn't like and as you know the SEC is just suing everyone for
because they enjoy it is my assumption at this point. But they're really able to cancel their ability to issue more BUSD. They were censored, right? And the goal of creating a really good blockchain infrastructure, if you have to interact with central banks
and regulators and real world assets, you want to try to find a way to do it where you're not easily censored. So we decided to focus on multi jurisdiction, right? So for one reason, let's say US censors us, we move all of our assets offshore, go under a different, you know, go under BVI. BVI doesn't work out.
we go into UAE and go under Abu Dhabi Global markets, which is their special economic zone. So having multiple jurisdictions and multiple central banks that you work with enable you to be more censorship resistant by developing deep economic ties and economic development ties with those regions, you even get a strength in that
ability where they're not necessarily going to want to censor you. So if you look at even Circle Now is trying to go and get, I believe they just got a, maybe it was a Singapore, was their second regulatory benefit. A lot of these financial institutions have been having to do this.
Though it wasn't their goal from inception, they decided to really move on and do these implementations and get further regulation to try to offer greater arbitrage between the US, which was a lot of where these stable quads have launched, and their offshore counter parties.
So moving back to Fluent Finance, I know you will have elaborated this a little bit before, but if you could explain more how does Fluent Finance reward its liquidity providers? Yeah, so we have a couple different ways. We have rewards for both DeFi and C5, or, you know,
I guess you could say centralized crypto. What we do is we really can generate 4% or 5% revenue to flow and finance ink for our different types of bankruptcy remote entities that are essentially investing underlining resources.
getting any benefit to it. You're not able to provide liquidity. You're not able to do really anything in DeFi, right? Like you're just kind of changing your money for a little bit of yield and you're just locking it up and letting it happen. Also, if DeFi and Staking, similar kind of principles, you stake your assets. You don't really get to use them. They're
up, there may be some counterparty risk in that staking. You have to determine the staking contract, its level of hack risk and all these different types of things. So what we decided to do was really ingrain something in our infrastructure that allowed us to reward liquidity providers in both decentralized exchanges
and AMMs and centralized exchanges because we wanted to heavily use our revenue generated and these real world assets which are very attractive in crypto right now to offer stablecoin yields. Yield that is not in some random governance token that is not
like you're getting 100% of a token with $50,000 or 24 hour liquidity, right? You want to be able to really have something that's stable, consistent, and you can withdraw quite easily. So what we do is we collect our revenue from
are various different entities that are investing on their lining reserves in US plus and then we deposit it into a rewards contract that will go in and reward LPs and DeFi giving them roughly 4 or 5%
into their, you know, the US plus side of the pool, giving a Amorized base yield of like two to three percent, which is outstanding for many, many stable to stable pools. And then on the other side, we do the same thing with centralized exchanges by supporting working with exchanges. We deliver that to that yield.
That revenue to the exchange and then that exchange then does a air drops to different participants. So we'll be launching one of those on BitTrue and you know just for holding and supporting us plus liquidity on exchanges you'll be getting State additional stablecoin as a air drop consists
We're intending to continue doing this for the life of the organization to really offer us a differentiator. Tether and Circle are making money hand over fist on the reserves.
give something back to reward LPs for supporting them. And if they do, they require you to interface with a centralized entity, lock up your assets for long periods of time, not being able to use it, not being able to have immediate liquidity. So we kind of
went the other way, and wanted to support the liquidity of the stablecoin as we're growing, but also really offer something that, again, is in principles of cryptocurrency and DeFi where people can really own their assets and still use them without having to kind of give up that right to a centralized entity.
I'm sure the beetroot community is looking forward to your a drop. So moving on to my next question, I was wondering considering your vast experience, can you share some perspective about real world assets? Yeah, I think I touched
on it a little bit. So real world assets for those of you who don't know is just another word of saying traditional financial products being represented on the blockchain or being accessed through cryptocurrency. The first participate in real world assets and kind of the person that the people that paid the way or the
the Dow that pays the way is maker. So many of you know Maker Dow. They did a lot of the very first real world asset. They ended up with massive amounts of USDC, massive amounts of crypto assets, and they had to make a determination, okay, we're doing this. We have all this liquidity sitting here. How can we
are in revenue on it. Well, there's only so much revenue you can earn from protocol fees, but that underlining collateral, like that underlining reserves that's sitting in a, you know, circle's bank account, could be quickly changed into Treasury bills earning
5%. It could be changed into different types of fixed income investments that are earning it up to 12% APY. It's actual real value and real money coming back into the crypto ecosystem rather than liquid staking into one.
re-hypothicating that asset, liquid staking into another, and then getting a whole bunch of various different types of non-liquid returns. So, Maker did that. They did it in a really patchwork way, kind of led the way. Then we started seeing on the
open Eden, heavily focused in the securities realm, right? Like they're wanting to offer securities to accredited investors, which is kind of ironic in many cases because a lot of what we were trying to avoid with cryptocurrency is this whole
credit and investor centralized on the US government's perspective of what assets are. But that's still an innovation from the previous standpoint in accessing real-world assets, maple finance, and a few others have also done some stuff. There's a lot of SME
lending that you'll see on near and various other different protocols. What we decided to do from where we'll ask that was, again, we really wanted to protect the usability and we also wanted to decide which regulatory pillar we wanted to be in, right? So there's securities, there's insurance,
then there's banking. We heavily focused on banking and understanding how people gain access to real-world assets, get access to investment products and yield in the banking sector and represent that back into the cryptocurrency way that offers a little bit more empowerment and in its
principles against state, decentralized, non-custodial, and really operate in a fashion that allows people to take those assets, use them how they choose, and still be able to access these different types of investment products. And the best way you could probably
represents real world assets in banking sector is deposits. If you go to your JPM account or you go to any bank that you have, there's usually a money market account and that money market account gives you perpetual yields. We wanted to start designing things
that are really similar, things that have 24 hour liquidity. You can withdraw it in and out of it very easily, very seamlessly without little to no weight. Something that takes advantage of the current yield environment we have, which is great. Treasury bills are at 5, 5 and a half percent.
other fixed income and money markets are going all the way up to four or four and a half. So we decided to take that kind of core real world asset pillar and ingrate it into our solution. So because we feel like it has greater utility than the rest of them and also
less regulatory burden and overhead and requires less painstaking perspectives. Now, doesn't mean that the SEC isn't going to blow up and say that, "Hey, we don't want anyone to be able to use cryptocurrency, so we're just
going to sue everyone under any circumstances that does anything. But again, that's why we focused heavily on a censorship resistant network. So kind of one of our key principles again. But yeah, so that's high level real world assets and where they are now. And the differentiation that we decided to implement.
So we are curious to hear more about Fluent Finance roadmap for 2023 and what milestones can we expect to see achieved. And if you could share any updates on the projects and by advancement and what resolutions the team plans to accomplish.
Yeah, so right now we wanted to get you know, Bittrue was our first exchange listing and then we're getting our air drop running on Bittrue. We're also have launched a few pools on UNIV3 to start engaging in rewards. We're working with a protocol for our rewards contract.
There will be various different types of blogs coming out in the next week or two that we'll talk about how Rewards are going to be generated through curve as well as using the three pools for stable to stable pools So it'll be USDT to us plus we're talking to the reserve guys They've been doing some amazing things with eaves
and removing counterparty risk. So, you know, there's a lot of stuff that we want to do with them and supporting pools on on curve. So you'll see kind of the rewards, the D5 rewards come up next in the next week or two with a lot more information coming out.
Also, we'll be launching our institutional dashboard. So for ultra-high net worth, high net worth, as well as for different types of institutions that want access to be able to issue and redeem. That will be going live. You'll go in there, have to do KYC KYB.
which is know your customer and know your business, and then be able to actually click one button issue redeem, fund account, all these different types of stuff, and go to various different types of earning strategies. And that will be probably coming live in the next 30 minutes.
three weeks or so. From there, I'm really heavily invested in launching a Durham stablecoin. I'm really digging into the UAE ecosystem working with regulators out there to be able to get to a point where we can have a non-US dollar stablecoin. The cool thing about Durham is
it's kind of US dollar adjacent. It's what they call it pegs currency. It's like 3.7 something. So it makes it really easy to move between US dollars and Durham's because there's always a stable peg. There's no currency arbitrage, right? So you don't have to worry about volatility. But also the secondary better
if it is run by a different central bank and that different central bank opens up the possibilities to not be sued for every single thing we want to do. The US government is literally aggressively attacking our industry and so we need to make sure that we're operating in other industries.
This also allows people to not have to deal in US dollars for everything. You can move into Durham and start to create a market there and support a government and central bank that actually has been very open and very supportive of us. Those of you that know what's happening in Dubai and Abu Dhabi,
Then the United Arab Emirates really has seen that that government has opened arms to our industry and has started really supporting us with new regulatory frameworks, new banks, stuff like that. And then obviously starting to target various specific regions like Brazil, Mexico, West Africa,
that really need better access to digital assets, currency, and deal with difficult things like currency volatility that make it very unfair for the underlining lowest income class to ever gain wealth because
They're constantly being devalued as their government's print more currency and then the only people that are benefitted are the largest corporations that operate in those governments. You'll see this year, multiple jurisdictions open up, multiple banking partners.
two or three in the u.s. that's going to be hopefully coming online the next six months and then obviously like I said these multiple jurisdictions will have local banking so people can open a bank account and be able to issue and redeem digital assets directly from their bank account and on board directly to local exchanges if they so choose.
And then towards that to the year, you'll start to see a little bit more of our retail products come out outside of DeFi like we're going to be supporting pools so retail can and we'll have centralized exchange so retail can always go in and grab it but we definitely want to be able to to onboard more retail being able to
It's actually issue and redeemed directly to their non-custodial wallet rather than just ultra high net worth high net worth an institution. So that's very high level kind of the roadmap. You know, big, big point that we're really excited about is definitely, you know, the reward awards in the real world assets.
So that was actually the last question of the day. I mean looking at the time we unfortunately have to end the AMA session here. So is there anything else you would like to add Bradley before we close this AMA session? And yes, for all the listeners, please don't forget to fill in the form and get a chance to win some US Fluss.
So, I mean nothing, I just think as an industry, it's super important that we all, you know, I talked about those principles of DeFi, it's super important that we all require this of everything that we operate on. If we're running into opaque exchanges, we should demand
and our exchanges give us real time proof of reserves. If we're running into concerns about owning your own keys, owning your crypto, really pay attention to that, right? Even the things that are happening with ledger, where they're essentially saying they would backdoor your keys to, if any government
that's the exact opposite of what crypto was meant to do. So I think that as an industry, as consumers of an industry, we need to demand better and we need to implement better. And so I just say that everyone should really take those principles
to heart and if things aren't operating in those fashions, you should demand that they change, right? Because that's not what we were founded on and that's not what we were here to build. It's a whole bunch of, you know, remove all four benefits of really cryptocurrency just to be able to gain access.
to it and that's the opposite direction we should be moving. So that just be my last point but really excited to be on here and really appreciate everyone's time and listening. So I'm always on Twitter so you guys can always pick me and yeah, appreciate the time.
Thank you so much, Bradley, for taking out the time with us today. It was a very amazing and insightful session. We got to learn a lot about Fluent Finance and US+ from you and we at B2 are very honored to partner with a project like Fluent Finance.
We are definitely rooting a lot for you. And to all our users and listeners, please don't forget to support Fluent Finance by following them on the Twitter page. Bradley would like to share any of the social media platform where the community can be in touch for regular updates about the project.
so i think bradley has already left. so all the listeners please note winners of this AMA session will be announced on our twitter page. and trading for us plus is available on beat true.
Please stick around and follow us on Twitter and Telegram for the latest news. Once again, thank you to the team of Fluent Finance in US Flush and thank you to all the listeners for tuning in.