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Community Call #35
Recorded: July 8, 2025 Duration: 0:55:30Space Recording
Short Summary
Omniti's Community Call number 35 unveiled exciting developments in the Bitcoin ecosystem, including project launches, strategic partnerships, and insights into the growing trend of hyper-Bitcoinization. With significant technical upgrades and a focus on yield generation, Omniti is poised for growth as it continues to innovate and expand its offerings.
Full Transcription
What do you do with the Bitcoin?
What do you do with the Bitcoin besides it just gather value?
Real estate developers in New York City, they're not buying the real estate because they want to live in it.
But like most of the people who are buying assets at some point want to sell the assets out of profit. People that use fiat currency as a store of value, we call them poor.
People that use fiat currency, we call them we call them we call them
We call them the core.
Okay.
Right, like, the point is, if you have the superior asset, it's going up forevermore.
Forevermore.
Right, I mean, right, but I mean, we can all look, Bitcoin sort of, as...
Forevermore. People that use fiat currency as a store of value, we call them poor.
People that use fiat currency. We call them the poor.
We call them the poor.
We call them the poor.
We call them the poor.
There's a name for them.
We call them the poor.
We call them the poor. We call them the poor. or
okay Okay.
Hello, hello. Welcome, everybody, to community call number 35.
As usual, we like to wait a couple of minutes for folks to come in.
In some places, it's totally reasonable to be fashionably late.
I'm from Miami. I'm here now,
and it certainly is common to be a little bit late. So we're just going to give it another couple of minutes and then we'll get started. Thanks so much for joining us. It's been a lot going on in June.
What do you do with the Bitcoin besides it just gather value?
Real estate developers in New York City, they're not buying the real estate because they want to live in it.
But like most of the people who are buying assets at some point want to sell the assets out of profit.
People that use fiat currency as a, of value, we call them, we poor, we call them, we poor, people, people, that use, fiat, fiat, currency, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them, we poor, we call them before we call them before
There's a name for
Okay, all right, like the point is if you have the superior asset, it's going up forevermore.
Right, I mean, right, but I mean we can all look at coins sort of as forevermore. Fiat currency as a store of value. We call them poor.
We call them poor.
People that use fiat currency, we call them poor.
We call them poor.
We call them poor. We call them we call them
We call them before okay all righty folks welcome to Community Call number 35.
As always, I'm your host and emcee, Sheldon Deere, Ecosystem Director at Omnity, and it's
a pleasure to join you all once again.
Rune June was busy.
It was great to see Dog get listed at a centralized exchange, but there's so much more going on
in the background.
There's so much more that isn't going to get talked about up front, And there's a lot that's getting talked about up front that also gets missed. You know, we live in this Twitter bubble. We live in this online world where everything has to get turned into structured data. And that means that it's normal to miss regular updates and interesting things happening in the, you know, the runes world, the crypto world, the Bitcoin world, there's so much going on.
Every little keyword makes it harder for us to communicate with each other.
It makes it more difficult for us to see what's happening right in front of us.
But that doesn't matter.
We have to keep building.
And no matter what, there's always the mission of Bitcoin that continues on every 10 minutes, as I like to remind folks.
So as always, we're focused on product, not promises. And that means that we have
lots of development and lots of interesting stuff going on. I'm very excited for the new
products we're going to be launching. I got to spend some time, you know, post Bitcoin Vegas,
kind of looking back at all the adventures we had.
And I told you guys a little bit about that on the last call.
There's obviously some follow-ups that happen after those kinds of events.
It's difficult to keep up with so many different meetings,
with so many different projects and products.
But we have to try.
There's a really big desire for non-Bitcoin products to
integrate BTCFY, and that means that we have to be ready for them. We have to
integrate them. We have to support their ability to move into BTCFY.
So there's a really wide horizon of partners in the BTCFI environment that have all kinds of reasonable, pragmatic, understanding approaches to BTCFI because there's been a world of EVM dApps.
There's been a world of off-chain execution and off-chain computing.
off-chain execution and off-chain computing. There's so many different ways that people
utilize Bitcoin, whether that is a more institutional focus or more Web3 focus or
more of a cypherpunk focus, however you want to see it, there is always another way for Bitcoin
to go forward every 10 minutes. So the drama about Bitcoin Core, the considerations for ETFs, the considerations for world governments and geopolitics, all this stuff eventually plays back into Bitcoin.
And that is part of why we've been discussing a little bit more, framing a little bit more about Bitcoinization.
I think hyper-Bitcoinization is a common subject.
I think that there's a easy you know, easy avenue to say,
our bags are going to the moon. Yeah, okay, sure. But there's a lot more nuance on the way there.
Building a rocket does not happen overnight. It takes lots of testing, takes lots of patience,
and it doesn't happen alone. You know, the ISS might be decommissioned, but that doesn't mean
we can't all interact in space. There's still the
CSS, the Chinese space station, and there's a lot more coming. There's an interesting
comparison of space to the way that crypto communities and Bitcoin products work.
So I think there's a lot that we could discuss, and we're going to dig into some of the
developments specific to Omniti today, but also our sort of take and our angle on the wider landscape because at Omniti,
our Bitcoin infrastructure is designed to be adaptive for other blockchains. It's designed
to be adaptive and understanding of many different product outlines. So I think we've got a lot of
interesting stuff we're going to cover today. And Spaces is being a little funny with me So I think we've got a lot of interesting stuff we're going to cover today.
And Spaces is being a little funny with me.
I think we've got Julian on stage, our lead architect.
Julian, can you chime in for us?
I can't see you on stage, but I think you're here.
Sure.
Thank you, Sheldon.
Hello, everyone.
Here is a summary of our technical progress this past month. Our work was spread across a few key areas, so I will go through them one by one. First, for the Aminthub, we've made several important upgrades, we integrated the DFINITY Foundation's official SOL RPC
canister for our Solanark correction bridge. Before this component was released,
we used a canister we developed ourselves. So this move to an official infrastructure makes the system much more stable.
We also improved our alloy assets feature.
Dodge bridged to osmosis now automatically becomes alloy Dodge,
making it easier to use in their ecosystem.
We have also added initial support for the SAP or IC wallet,
which is now ready for community testing and feedback.
Finally, we will set up a continuous integration pipeline
to help us catch issues earlier
and improve our development process.
Next, on the RE project, we've developed improvements to some major interfaces and parameters.
These changes are now alive and are currently being audited by third-party security team.
I won't go into the detail of those changes in this community card.
They will be reflected in the developer documentation.
We've also been providing active technical support for our partners, like Tey and BlockManner. In addition, we developed a new demo application for the Liquidium team
that showcases how to create a REE application for staking ruins to earn rewards.
Finally, a follow-up on a few items planned for last month.
The audience in Dijkstra developer is complete.
I have already passed the testing on Bitcoin's testnet 4.
We have deployed it to the mainnet and are now in the process of validating its data.
The ruins-to-run swap feature for risk swap was postponed and now scheduled for development this month.
and the new UI for RISC-Audi was not completed,
and has been rescheduled for implementation this month.
That covers our main process for the dev team. Thank you.
Thank you so much, Julian.
I like how you frame it so casually because that's
a lot of exciting updates. The ordinals index are sinking and going through some, you know, sort of post mainnet verifications is very exciting. You know, obviously refinement in DevOps isn't the sexy thing that some people want to hear, but it is for me.
I think there's a very, very healthy update there.
Thank you so much.
Lots and lots of information to share.
And if you don't catch it here on the call,
just remember, guys,
there's always the catch-up
that our chief editor, Zan, puts together
to make sure that we have a written record
of all these wonderful updates.
There's all kinds of great stuff going on at Omniti.
We have a lot of different products to maintain.
You know, Doge alloy asset with osmosis and, you know, Runes Index or Ordinals Index. There's so much different things to cover.
So really appreciate it, Julian. Thank you so much. And I'll take the mic just briefly to
mention some of the stuff that we've been working on. REE is a really interesting platform,
and we're seeing a lot more interest and traction from different types of products.
So while there are many games on REE, there are some major games that are looking at REE.
There is other execution environments that are looking at REE as a tool.
There's a large number of entities that are now seeing the Runes Indexer as valuable.
So we're sort of talking through integration planning
and integration opportunities with outside partners,
whether they're DAPs, on-ramps, other execution environments,
whether a validator set or not.
They have the ability to call REE.
They have the ability to leverage that liquidity on RichSwap.
So we're seeing a lot of interest for that.
I'm very proud of the design decision we made to have shareable liquidity inside REE. That goes very far. And of course, there's ICP projects that still have an active interest to develop on REE, and they're more familiar with the DevNet environment that's needed to get up and running and build an interesting application.
and running and build an interesting application.
So on the Caffeine side, I'll be excited to have a larger update for that next month.
Obviously, Caffeine's mainnet launch is only one week away,
so we're going to have some more coverage for that in the next community call.
But Zan and I are looking forward to that very much.
And in the meanwhile, we're staying very active on spaces.
We've made sure to stay connected with Solana communities, with Ordinal communities, with ICP products and communities.
There's a large amount of focus that we have to maintain across a pretty wide horizon.
So internally on the ecosystem team, we've also been continuing the focus to streamline.
I'm very happy with the progress for the AI image, AI video, and non-AI pipelines
that we've been working on. I think that once we get that down a little bit more, you'll see more
content coming out from us. You'll notice that we're using the 3D logo on the Omni Network
PFP because that's a little hint of what's to come. There's a lot of great stuff that we're excited for, particularly with AI,
but also with Blender and with other applications that put a little bit nicer polish on the
great work and interesting things like what Julian was referring to earlier.
So I'm looking forward to a significant July. I think Rune June was great, and it really helped a wider audience see that
runes do have value, even if number go up isn't too big. There's a much larger understanding of
runes as a multi-chain asset, of runes as a valuable and reliable asset class, and we're
going to see more about that as the week continue. So with that, I'd like to introduce our chief editor,
Zan. Zan, if you'd like to tell us a little bit about your experience in June and what we've got
going on in your corner. Yeah, hi, GM, everyone. Great to be here again. As usual, everything I'm going to talk about is already posted in the NAS.
So if you want to dive deeper, just click on monthly updates for June.
It's a quick overview of RUNE June 2025, which was ICP World Computer Summit in Zurich at the beginning of the month.
Sheldon was there. Philippine Blockchain Week in Manila. We had Peru Blockchain Week in Lima.
NFTNYC. And of course, as Julian mentioned, more development because we're Omni.
In the media department, we also have a few new things, some collection of clips from Inscribing Atlantis and the Bitcoin AI
Investor Founder Mixer. Links are on the monthly updates, as well as the link to the Helium
Milestone Solana integration live stream that DFINITY ran a couple weeks ago. Sheldon's in that and a link to a good write up by BitPush News called Bitcoin's Next Wave Infrastructure, Institutional Growth and On-Chain Art, which was an AMA featured on June 11th with Omni, Nolcha, Carbon and some others in the space.
in the space. So do go check that out if you're interested in hearing more.
So do go check that out if you're interested in hearing more.
Looking forward, there's an upcoming
DFINITY Caffeine Hackathon in my hometown, San Francisco,
on July 15th. So I'm really stoked.
I will be participating. I want to really see what caffeine
can accomplish across multiple tech layers. So, tune in to the
next community call to find out how caffeine and I performed with my DAP design and prompts.
Thanks for coming, everyone. Stay chill and looking forward to next time.
Thank you so much, Zan.
Appreciate the update as always, and
there is so much going on.
I know that every month is a blur to me
now, but it's going to be a blur next month
too, so we've got to keep it going.
Cesare, are you available to
tell us a little bit about your experience
on socials? I'm really liking the
content these days.
Cheers. Hi, Sheldon. Hi hey we conference uh well i just wanted to give
you a quick recap of the highlights on omni
the socials from the past month uh first up the big milestone
is about omni hub. One of our first products grossed over 130 million
in total cross-chain volume.
And speaking of Omniti Hub,
we had a new integration last month
as announced on Osmosis socials.
Users can now deposit native dodge,
just the beloved dodge directly to smosy through our
platform now about what is coming uh well we got a as you mentioned a bitcoin game an nft adapt
launching soon and omnis is r ee um plus the team is cooking up something special
integrating ordinals and rules in a single product so stay tuned for more than that um
and as you may know uh it's not just being about building uh last month was packed with events uh
you know nft new york city bitcoin vegas philippine blockchain week um the peru blockchain conference with events. You know, NFT, New York City, Bitcoin Vegas,
Philippine Blockchain Week,
the Peru Blockchain Conference,
where I was lucky to attend
thanks to Binance Aladdin.
And for all the details,
you can cut all of that
on our blog comedian.
Shout out to San for putting it all together.
Well, happy July, everyone.
Stay tuned.
And stay a bullet.
Back to you, Sheldon.
Thank you so much, Cesar.
And I always manage to forget Zinfun and Sui.
And there's so many different BTC Fly conversations and content going on so
I appreciate you guys keeping me sane
there's a lot flying around
and with that I'd also like to highlight
our work from Kim
our partnerships lead and
I know there's a lot of events coming up
in the near future I really really want
to visit Hong Kong but I have not made it out there
just yet. Kim can you tell us a little
bit about what's going on in your world sure thanks chan so basically from my part uh for
the growth team uh we are actually focused on um putting it up uh for rinse asia to 2025
so basically uh we kind of finalized the date finally on the 27th of August.
So it's going to be happening on that day.
And actually, Bitcoin Asia will be happening on the next day, which is the 28th.
And there's another event, which is called Bitcoin Summit.
So there's actually three, I would say there's three main events,
which is Bitcoin oriented,
that will be happening through these three days in Hong Kong.
So definitely would like to invite everyone to come.
And our tentative and agenda still in a bit self-structuring.
So we are starting to inviting sponsors, I think speakers, panels,
but still we will be focusing very into RINSE ecosystem.
So we want to foster the development of RINSE ecosystem,
especially on the adoption of RE.
Because we see that just with the recent adoption
like and Tai Chi, which gives us quite a bit just with the recent adoption like
and Tai Chi, which gives us quite a bit of volumes as well. So we would like to showcase this to more people
within the Bitcoin ecosystem or even beyond.
So that's the main part.
And the other part is I also have a space ongoing,
which is called the bitcoin cafe so this is kind of like a um indirect um partnership fostering where we actually invite different
partners so so far we have in be invited uh a few uh with the last episode with Yan from Axworth and then Tuxedo from Mido as well coming in.
So from this space back, basically we can actually communicate in terms of like aligning
in terms of what we are building and also to actually share about RE to them
on what we have achieved so far.
So this is kind of like a mutual um conversation happening on space
which we can actually kind of co-market between omnity and other projects as well so yeah that's
the two main things that uh we are actually focusing on and yeah pass back to you sheldon
thank you so much kim there's definitely time for intense Bitcoin. There's time for Bitcoin debate. And,
you know, I don't know if you guys have ever been in a Bitcoin fight before, but I've certainly
lost one. And there's a time for relaxing and just talking about what we're working on and
talking about the future of Bitcoin. So appreciate the chill vibes, the chill Bitcoin cafe very much.
Arsene, can you chime in? Arsene, our program manager, I'm sure has a lot of
interesting updates for us as well. Yeah, sure, Sheldon. Hi, everyone. Thanks for joining us.
It's your Sheldon, the project manager of REE. And finally, we got, I would say, a pretty good web app for the rune drone.
At least the dog is listed on Kraken,
and I think it will bring more awareness to the whole system
as we are continuing to build in Bitcoin DeFi and the runes.
And I think the runes summer is coming and July could be a good start.
And yeah, back to RedSwap, we have completed a majority update grid in June following REE, and it enhanced the security
and performance, although it extended to about two hours due to the mid-negade congestion and thanks for your patience and sticking with
us and now also we were featured on the xverse app store as versus a great team and friends we We know a lot of good person from their core team,
and we are talking about deep collaboration
between Xverse and Reswap at the moment.
And we will post some announcements once it's conclude.
And also in the meantime, we also working on the
integration on OKEx wallet.
And if you are a OKEx wallet user,
you can see Olifine is on the top one for Mozes,
and hope we can get re-swap on it soon
and we get the materials ready, submit the forms
and talk with the internal from OKExWallet.
I hope this will be done soon.
And also, a huge shout out to Audinfant.
They have bring a lot of volume to our community hub,
and we will continue to support them
for the edge and ruins cross chain.
And another collaboration on the product product
level is well top priority and now we we are can't working with a set terminal
team to get as a response pools integrated on their aggregator.
And the price increase with set terminal could to get better price for their swapping and
i think in this month uh reswap pool will be integrated and people can
swap in ruins by using reswap pools and for the Reswap liquidity providers,
you will get more volume and collect more trading fees.
And I think it's a good way to push forward
the Reswap growth, both on community and the use case.
We are also building a new protocol
to enable swapping auditors on ResWap.
I think most people have learned about it,
and Julia have included it in the development updates.
So it's coming soon and we have working
with experienced designer to bring a brand new UI
for the text version of Rich Audi.
And we are working on testing on the test night and I hope to
bring it soon as as I heard some people are complaining about the low liquidity
and the steam flow price of Audinos collections.
I hope we can fix it and bring them to re-swap and enjoy the AMM pools and swap the Audinos directly
with a good amount of liquidity.
And also it's kind of way to bring the value back to the whole community
who are holding their nfts and fragments into ruins and provide liquidity on the wristwap.
Also we will also thank the Hope You Get Rich community supporting us.
We can see the price of Rich keeps climbing.
You can track it easily on Reswap, and we have the candlestick chart available last month, and you can easily
try tracking the price movement.
It's really solid right now. And just remember that all the
revenue of RitSwap will be donated to the Hope You Get Rich
community. And also the next coming project we are building internally
will bring the value back to the rich community too.
Also on the development part, I also
want to call a huge shout out to the DFINI Foundation and they are launching caffeine
this month and the self-writing internet is finally there and it's good fitted with SAP infrastructure.
And if you are planning to web coding with caffeine and build you tools or apps or even protocols on Bitcoin layer 1 around with Rune standard, the RE is open for you it's the best open toolkit you can
find right now and it's already on the main letter and we we have put a lot
guidelines on the dogs and you can visit our main key official website and head to the docs and we put a lot of showcase and guidelines and
keep this upgrading.
Right now, whether you want to build your gaming on Bitcoin, your DeFi protocol on Bitcoin,
even you re-swap on Bitcoin, re reSwap is also open source.
We are all welcome.
You are all welcome and we will continue to support you on development and both development and marketing.
So do leverage RE's OpenKit and building on the Bitcoin.
is open kit and building on the bitcoin is we think is the
is the key to the future of bitcoin d5 and you you don't want to miss it and looking ahead we have
got majority updates packet for july including uhes to runes is still under testing and
they need more time to perfect it before launch. And also we have completed the backend development
of the LP locking. I know it's requested from the community for a long time and people need to have this way
which be used frankly on insuring my Solana.
So locking liquidity against ragpus and the priding and the boost the trust for for the community and for the project itself
it's a key five it's a key defy safeguard and we we are happy to continue to provide the tools for
everyone who who is building their own community or projects on Bitcoin.
So yeah, looking ahead, we will draw out more updates,
both from Amity and Reswap. So do swap the rules on reswap.io
and share your feedback.
And if you are a builder
Even a community builder or a project builder to reach out to us and we will give you a full work through to how to build on
Bitcoin by you leveraging the
re open open toolkit and
Yeah, to follow
restwap community and we uh i think we will have
amazing july and get started to uh dive in deep into the ruin summer yeah back to your shot
thank you so much rc and i think you know how my heart opines for Ruins Ruins Trading. I talk about Ruins Ruins Trading frequently because I think that Ruins Stablecoins are an interesting asset class.
And just because you can't mint and burn very easily on the Bitcoin L1 mainnet doesn't mean that you can't manage a, you know, fungible token supply in the billions or more.
So I think there's an interesting world right in front of us of managing stable coins on runes.
And I am absolutely certain that there is no better environment for working on that than the tools at Omidy Network.
I think that a number of other parties have seen this as well.
It's not just about the runes-runes trading that we've been working on for some time. And you're absolutely right. It takes some, you know, some refinement. But it's the wider understanding of handling Bitcoin assets, of managing intents, of, you know, seeing UTXOs and partially signed Bitcoin transactions as tools and, you know, wonderful blessings instead of challenges.
transactions as tools and wonderful blessings instead of challenges. So really looking forward
to more of the great work from the development team. Thank you so much for highlighting all of
that great stuff. I'm obviously very excited about Sats Terminal as well. I think that there's not a
lot of other products joining Sats Terminal that are going to have the ability to do swaps under
$20. A lot of them, it's not really reasonable to do, you know, smaller swaps. And
you guys know how much I love fighting for the little guy. So very interesting updates. Thank
you so much. And without further ado, I'd like to ask our founder, Louis Liu. Louis, if you're
got some interesting highlights.
I saw Polymark raise his hand for quite a long time.
I guess, okay.
Shall we take the questions?
Yeah.
Polymark, thank you so much for joining us.
Yeah, Jim, guys.
Jim, my name is Abraham McKeown.
Hello, Mr. Sheldon.
Hello, Omni Network.
mr louis lou um everyone and the audience really appreciate being here um really love the updates
Mr. Luis Lu, everyone in the audience, really appreciate being here.
and the consistency from um only network building the infrastructures for bitcoin defi and making
these innovations work um really appreciate that um wanted to like um talk about um an event coming up you know for Bitcoin DeFi in Nigeria and we love to
love Omni CineTalk to be part of it you know the event is to educate people and
bring mutes and onboard people to Bitcoin DeFi you know and Omni CineTalk
is building the next solution was building a solution for Bitcoin DeFi, you know, and Omniti Network is building the next solution,
is building a solution for Bitcoin DeFi.
And we'd love to connect with Omniti Network
on supporting the movements.
We're absolutely interested.
I've seen your work in the past in onboarding,
not just at Bitcoin Pizza Day, but in other events.
And I'm sure there's a very interested audience out there.
And, you know, we hope that they would join
our community call and have some strange questions for us
because those are my favorite type.
But there's a pretty wide audience
that we're looking to recruit.
So yeah, we can absolutely discuss that, sir.
Absolutely.
Thank you so much for joining us as well.
Yeah, I really appreciate that. You know, I'm looking forward to, you know, love to spread the love, you know, and making people
do amazing stuff like you guys do is crazy.
And a lot of people are dying to do this, but they don't know where to start from.
They don't have the resources.
You'll see the caffeine AI product saying some nice things about us.
Caffeine AI is not designed for calling the bottom of the Bitcoin stack on ICP, but it does have the ability to call canisters.
So Bitcoin middleware is a perfect fit for Bitcoin for AI on ICP.
So we'll definitely catch up about that on the side.
And there's a pretty dire need for us to talk about some hackathon stuff later in the year.
So we'll definitely catch up on that in the future.
Appreciate you, as always, sir.
Without further ado, I'd like to ask our – yeah, thank you for joining.
Without further ado, I'd like to ask our founder, Louis Liu, to give us some updates, because I know there is some interesting things
that he's been looking forward to sharing with us.
And thank you so much, Louis.
Please tell us.
Thank you, Xiaodan.
Yeah, every time I stay in community call,
I myself surprisingly know
how many initiatives we are pushing forward.
And it seems a little bit hard to answer the question
like what does OVNITI do?
But I just come up with a really simple answer that Omniti commandizes all the need to deliver and operate great Bitcoin DApps, except their own creativities.
So we present on-chain infrastructure like Ruins Induster and Omniti Hub, which, let's say,
unleashed the possibility to build fully decentralized application on SAP to serve Bitcoin users, Bitcoin asset holders so it we began this work last year and the and uh now uh essentially
i think the most uh wonderful bitcoin application such as audienflin liquidium flash loan
such as Odin Fund, Liquidium, Flash Loan, RISFAB itself, B-minor, Tai Chi rely on Omnative infrastructure. which I think it will invoke another wave of innovation around oldiness energy and
Rich Audi and also Liquidium's oldiness flash loan will be the first batch of allocation
will be the first batch of allocation who use Audiness Indicer.
And last month we
to the RE documentation.
It's yeah, still RE is a very new platform
and we provide a step-to-step guide
all the design consideration you need to think about
to design an RE application.
So, and also we try to,
we are exploring the possibility
of building RE application with caffeine.
So all the things is about lower the
threshold, commodise all the conditions except your creativity. And this month we we will start to illustrate a very powerful crypto company.
Reswap will start donate his particle revenue
to a hope you'll get rich trading pool.
So as we committed the political revenue of
reswap will belong to uh reswap uh hope you'll get
get raised hope you got rich rules committing and uh the riskAP donation functionality is the, I think it's the most straightforward and elegant way to capture particle revenue into a rune. this mechanism will benefit the token utility, a token liquidity incentive, incentivized liquidity
provider and also level up the price. So the whole token community will be benefit. And once again, I think RISWA provides this template
for the upcoming utility rules and I believe that most of the RE application will somehow utilize this mechanism to properly distribute
in this fully decentralized, verifiable way.
So as a developer, now you have RE as a one-stop Bitcoin
DApp environment, and you got proper documentation,
You got proper documentation, technical support in our OpenChat channels, and also you have this token economic template to distribute and also distribute your token and also get the token holder incentivized.
And we work closely, our community work closely with the Ruby community and we keep giving exposure to new Bitcoin application and of course especially new RE application and I hope
I can meet all the great builders in ruins Asia in Hong Kong and I know that there will be some
and I know that there will be some, let's say,
existing DIAB team will be there,
such as Liquidium, Aldin, Tai Chi,
BlockMiner, and of course, Earth.
And also there will be quite a lot
retail investor community who has have been engaged with all in fun with spot minor with tai chi for for for for for from uh this month this year and uh
this year and uh i believe ruins asia will create uh the the best okay occasion for uh for those
projects and their community to communicate uh face face to face uh okay that's all from me
okay that's all from me
I could shout it
thank you so much Lewis
I love how we do humble updates around here
because we do so much different work
at Omniti it's difficult to
just keep it all very condensed and nice and neat
but at the same time we're focused on the mission
we're not here for the big song and dance. We're here for the big shebang, if you could call it that. And I would argue that big shebang is Bitcoin. There is a very long list of other applications, products and services that have aspired to supersede, attack or replace Bitcoin, and none of them are doing that. So I think there's a very
clear line for Bitcoin to continue, maybe not as the world computer, but as the golden beacon that
can be used in so many different ways that it need not be the compute. It just needs to be
a standardized and functional reference. So there's a lot of, you know, other work that I could talk about, but this is, you
know, a 50-minute community call, so I think it's been a good community call. We've got a lot of
heavy updates, and of course, thanks to our chief editor, Zan, we'll have some of that material
published, or actually really all of that material published on Medium as well for your review.
So unless anybody wants to hit the mic and ask any questions about June or about July,
I think we'll probably tidy it up here. This is the part of the community call where we leave it
open to anybody in the community who wants to hit that mic button, request to ask a question,
request to leave a comment. If you're not comfortable speaking in English, you're also
encouraged to leave a question or comment under the post.
There's no reason why we can't respond to your comments or questions later. We try to be as
open and transparent as possible. But that just means that we're here for the builders. We're
here for Bitcoin. We're here for you guys. We're trying to support all of those grander interests
of Bitcoin to take over the world one little baby step at a time.
And that doesn't mean anybody needs to take over anybody else.
It means everybody needs to seize their sats.
Everybody needs to take their place of dominance and have some power in the world thanks to the Bitcoin ledger.
The UI on my Twitter is being a little bit funny.
I could not see Julian as a speaker earlier,
and I cannot see who has joined,
but I heard the little sound.
Has someone joined the speaker panel?
Do you have a question?
No? Okay, maybe just a deceptive little UI from Spaces.
deceptive little UI from spaces spaces has been a little bit funny recently fun fact when your
Spaces has been a little bit funny recently.
spaces uses a co-host you will rug almost every time all the time so watch out for using co-host
on spaces that's why we don't use it here we have the main account to anchor us and that is enough
but I've seen it in small spaces I've seen it in small spaces. I've seen it in big spaces. If you use the co-host feature,
stuff goes wrong.
So that's why we're not using it.
I thought I heard somebody joining,
but if you did not hit the mic,
then, you know, thanks anyway.
Appreciate you guys attending.
As always, community calls are open
and we want to make sure that we leave room
for folks to ask questions.
If you are listening to this recording and you made it all the way to the end
and you would like to ask a question, please feel free to reply to the spaces.
We help operate the Omniti account from multiple teammates,
and I'm sure we would be happy to answer your questions,
whether they are strange, boring, or not.
There is a lot to be asking about Bitcoin.
There's a lot to be asking about Omniti,
and there's a lot to be asking about Bitcoin. There's a lot to be asking about Omnity. And there's a lot to be asking about July, because I don't know what the fun,
silly phrase is for July, but there is certainly a lot of runes activity going on in July.
So with that, I think this is a good point for us to wind down the community call. Again,
if you're hearing this and I'm missing your question, we want to get to you.
But I think this is a good time for us to roll it back and enjoy the beats of Michael Saylor.
For whatever reason, this has become a very popular Bitcoin song.
So we've been using it as our little community call theme song for fun for a little bit.
Maybe we'll try something else in the future.
But it's certainly better than Pump It Up because we are trying to support Bitcoin as it grows in all forms and fashions. And remember, when you use Bitcoin as a store of value,
you are not promised profits. You're just promised to not lose your money to fiat dilution.
So thank you so much for joining Community Call number 35. We're always happy to see the community
come out. Thank you so much to the listeners. Thank you, everyone, for joining.
And we look forward to answering your questions and delivering more products and purpose on our work in July.
Thank you so much.
With the Bitcoin besides, it just gather value. Real estate developers in New York City, they're not buying the real estate because they want
to live in it.
But like most of the people who are buying assets at some point want to sell the assets
out of profit.
With the Bitcoin besides it just gather value.
Real estate developers in New York City, they're not buying the real estate because they want to live in.
But like, most of the people who are buying assets can at some point want to sell the assets out of profit.
With the big point besides it, just gather value. Thank you.
