Cosmos Club with Leap Wallet

Recorded: March 29, 2023 Duration: 0:58:37

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Hello everyone and welcome to the club. I can see leap is officially with us. I just accepted your request to speak.
and I believe, yeah, I can hear something or someone. - Hey, hi. Nice to meet you. - Nice to meet you. Is this Barun or Kushik or maybe Anand? - Yes, Barun will be in a minute. - Super. - Super. Let's, uh,
Let's just sit tight and wait for him. So how are you doing today? Doing good. Sorry. I didn't catch your name earlier. My name is Mark. I'm the usual host here at the club. So sitting here in Denmark, Mark from Denmark, that the name seems to stick around. So yeah.
I'm sitting here in Greg Hopenig and looking forward to our conversation. I'm Kausik and I'm John from Hyderabad, India. I like to be here. That's for everybody. Awesome. We've been a bit back and forth and I think
If I remember correctly, it was about the illness that made us have to postpone the space from last week or the week before. But yeah, I'm glad we made it. I'm glad we made it. And assuming that you haven't met us before or perhaps you haven't heard any of our spaces,
But normally what we do is we record them as you can see in the space and then we put it up on Spotify and YouTube and all the other platforms so people can really listen. So I got chill at school. Yeah, let's go in through it. I think I'm bookmarked the new drone. A made the children recently to test research and listen to
that I think we need to go through that, that we can. But yeah, like we part of this series. Yeah, Nutron is, I mean you guys know, I'm sure it's exciting, right? I mean, they're the first consumer chain, I'm customer's hub. They have a lot of work to do, obviously, as being the first, there's
a lot of details, levels in the detail when, like for example, getting validators to adopt and spin up different nodes for consumer chains. Obviously, it's a similar process, but it's always a little bit different when it's through the hub instead of a new app chain, for example. That's right. Yeah, the fitlet's set it to see how it goes. I'm sure it'll
We have Baron, by the way, who joined us, yeah, I think he's a speaker. Hey Baron. Hey, gosh, hey, map nice to meet you. Nice to meet you. Nice to meet you. All right. So I guess we can just get started and I can see people are starting slowly but surely to dial in.
So welcome, everyone, to the Cosmos Club, where we tweet all things Cosmos. We summarize that typically in a weekly newsletter. And then we invite interesting, fascinating, hardworking builders of the Cosmos ecosystem to spaces like these. And today we got you Kushik and Padun from Leap. Welcome, guys.
Hey Mark, hi, and so having us again and yeah, do we hear? Definitely man, definitely. I'll be looking forward to this to be honest because I think a lot of people, they obviously know about Kepler. They most likely also know about you guys, but I think personally that your wallet is just
an outstanding product and something that I love to use on a daily basis. But before we dive straight into a leap and the whole story behind your product and platform that you're building, etc. Perhaps you can just talk to us about you guys, who is Kushik and Barun and how does you end up working with and for leap?
Deep, the Deep Wallet.
space in India. And being dabbling with around Web 3 for the past couple of years, but got an opportunity to work at Leap actually build in Web 3 through Sanjeev. And definitely I think class 1, 1, 1, of years has been no one of the most exciting in Genes for me so far. Yeah.
Awesome, I can go next, hey folks, I am Burwin and I hit Product for leap. I am currently based out of India. Prior to this, I have been building and scaling products for the past 7 years, primarily with early stage startups.
and all of them being Web2 startups. So, when Leap started and they reached out to me and this is when I was also looking out for Web3 opportunities and seeing if I can actually start building something on the lines and this is perfectly fair in place.
when Sanji Priest out and we started building on Terra interestingly and yeah it's been an absolute roller coaster for 14 months right and probably the finest time I have had in my product journey until now.
Awesome, sorry I was a mute apparently I make sure not to be a mute next time Super so let's talk about the leap wallet I think a lot of people if they haven't tried it I can highly recommend obviously to go try it out Never hold all your funds in one wallet or not even one wallet
provider if you asked me. Talk to us about Leap and a little bit about the story how Leap came about in the first place. Yes, sure. So, we still what is Leap? Leap is a non-custodial crypto wallet for customers. We currently support roughly 50-plus change
natively cost machines, natively wallet products. And essentially we have multiple wallet products right now which is starting with browser extension. Then we have released native iOS and Android apps and we also recently launched a web dashboard. And the idea is to give holistic products for users to
to use an interactive cosmos lotchains easily their convenience. And that's actually the overall structure also for us when we think this is our aim is to become a super-valid for cosmos. Basically one-stop gateway where you can use anyone can view their portfolios and tokens, take and
such defore opportunities, cost most basically, so it's both on governance proposals, managing NFTs and everything through one platform. And how we are doing this is made it possible through a base layer of experience we have built, plus DAPS whose experience will be natively integrated into the wallet. For example, we have a native osmosis
flow, followed by osmosis and rind out. And similarly, one of the features which Baron will probably, which we surely talk about more, is the DAB browser feature that we have built in our mobile app, where anyone can access any DAB on cosmos through the mobile app. So this is what we
try to do integrate and build native experiences so that everything that a user would want to do on the blockchain can be done right through our app. So that's the high level idea on what sleep what leap is coming to that leap journey. I think as a team we have been building in the Vip3 space
since last year when we launched and very quickly scaled our wallet on Terra first and again after the deep peg in May of last year we came to the Razer team and kind of started considering what other change to go on and quickly realized I think the more people we talked to with a bunch of research there and quickly realized I think cost
is the next best change to, you know, far as to migrate to, especially because of the tech, which is super strong, I think it's the whole cost for 60K is, you know, tested, battled tested, and it was, you know, slightly easy for us to move from, move, move and build a wallet on cost for, cost for, you know,
And then you know the product side also, you know in general, you know talking with bunch of chains and integrating them integrating them natively into our wallet. So that's what we have been doing and how we started building on Cosmos. And yeah, since then I think last eight months, nine months has been repeatedly roller coaster journey there.
started with launching our browser extension, which is of a Chromium base which can be used for Chrome and Brave. We launched roughly, I think, eight months ago. Since then, we have been adding multiple features and we launched our mobile lets roughly three to four months ago. Now, I think we have one of the most feature heavy
We also launched our web dashboard. So I will touch with more about it when you reserve product and what are the features we have in the future roadmap. That's been our journey so far. Awesome. And just the balloon, feel free to chip in whenever I'm just going to ask
basically in pletum. So anyone that starts answering first is going to be the one answering. There's no rules to this space. So yeah, perhaps let's just talk about the difference between leap and other wallets like Kepler, I think, is the main one that we all use.
I'm not actually sure why that is, why is Kepler the first? But perhaps you can just compare what you've built with Leib and then how that compares to Kepler. Sure, I can take that. So I think going back to the time that Koshik Man
mentioned which is May of last year when we realized that we had to migrate to a new ecosystem. I think as we decided and boiled down on cost most of the first thing that we obviously looked out was the wallet experience that was the Kepler and pretty much Kepler had the
entire user base. So it could be because of its link to osmosis would be my guess, it could be because of it being one of the only two wallets that existed at least until eight months back. So we started walking and started checking out Kepler. Obviously as a wallet it's quite
a solid product but we realized very soon that it lagged a few things and a few important things. So one of our key thesis was that mobile usage is something that will only go up and up going forward. So obviously in most ecosystems wallets launch with the Chrome extension because that
is easier to launch easier to manage and that has been the norm from what may have metamasclons have phantom launched for example, but more recently would see a lot of wallets going mobile fast right and eventually I can't you can't argue against the fact that obviously mobile experience is way easier for
for people to access everything through. So the first key thing that we felt was missing from the entire Cosmos ecosystem was general mobile experience with the wallet with other daabs as well. And this is something that we definitely felt like we have the ability to fix because we also had a solid mobile product on Terra itself.
And this was like probably one of the key things that pushed us. The second key important thing that we realized was the native chain support. Cosmos is all about the chains that have been on top of it and currently as it stands I'm guessing there would be close to like 50 to 60 mainlets that are already existing on Cosmos.
the time that we look back in June, July and we figured that only seven or eight of them were natively supported through Kepler for everything else you had to do a suggestion, right? And on the mobile, for example, it was not even possible and it's probably still not possible to do a suggestion, right? So that was the second key important thing that we
realized is to make it very easily accessible, make all the chains very easily accessible across the entire cosmos for all the user base. We do not have to have solicit end for most of the chainsite. So I think these were the two key factors and the third most important thing was that
was the thesis of supervalid. So why we started building on Terra was because we wanted to build a wallet that houses the invalid capability to do all the core actions on Terra. And we wanted to continue the same thesis on Cosmos and the core actions being sent IBC government
and ideally all of those should be possible from within all the products that you have built right at the bare minimum. Obviously, if the other transactions that are more important would love to include that, but at the bare minimum you have to have these in order to call yourself a subovalidrate. So, I think these were the
three factors that pushed us towards starting to build a wallet and I would say today as we stand, stand next to neck we definitely have solved for these three factors especially right. So we have a mobile wallet with pretty much all the capabilities that the extension also has with additional
to other key things that I will definitely cover soon. We have the super wallet thesis going for us. We have the one and taking Swaps and IBC, all of them built inside all of the wallet experiences, extension beta iOS, beta Android. And finally, we
have native chains already for close to like 45 chains including test nets right. We show for example, say Atlantic test nets can also be natively access through a leap you do not have to do a suggestion there right. So these were like the three key important things where we started building and started pushing stuff and I would say
our major differentiators as well on a bigger level. If we deep go dive deeper into each of these things, there way I think on the mobile side especially the two key important things that we feel separate source a lot from other wallets existing walls out there. One is push notification, I think push
navigation is something that we have worked a lot on and we feel again is a key aspect that was missing on Cosmos. So, we have gone and implemented we support push notification for pretty much 42 of the 45 chains right and the other 3 chains are probably currently in pipeline that will be supporting very soon right. So, if you do any of the
core transactions on any of these chains, let's say sending your tokens, it's taking your tokens, unstaking, you would receive a push notification on your mobile app if obviously you have the Android. So that is probably one of the key differences that we have and the second one was a permission list in our browser.
So, I think Kepler also started building out the browser but again it had a very limited set of dApps. For example, there are probably 4 to 6 dApps when we checked out it in last month or so. And this is where we realized that every dApp should be easily accessible via the mobile. It would not have to go to a
stop or do not have to go to a mobile browser on Safari or Chrome or Brave whatever you use to access any app. And app specifically also do not easily build connect to all it options for mobile browsers. And this is where we came up with the idea of the permission list mobile browser wherein inside the lead browser you can literally access any
on GOSMOs that you want. Obviously there are a couple of dApps which we are still trying to solve the experience for but majority of the dApps today you can go and just easily search for them easily connect your wallet and do your transaction right within leap. For example if you want to you loss moses you do not have to go outside of leaps mobile app. Same for if you want to you start
For example, you do not have to go outside a fleet mobile app right. So these were like a couple of strong features that we believe separates us especially on the mobile side of things. And apart from the usual ones, I think as Koshik also brought this up, I think web dashboard is also
also something that we are focusing a lot on right now. We realize that there is still a back-end place for one dashboard to come in and be the hub for everything on Cosmos where you can see like your portfolio overview across all the chains in one single place. You can do all your core actions taking
sending, IBC transfers, governance, all using this. And what we're also doing is going inside each of these core actions, making it even simpler than it was. For example, the latest feature that we released, which got a lot of hype, a couple of days back, was chat GPT powered, easy,
understanding of governance proposals right. So we realize that obviously chat GPT is the hype right now and a lot of people do not get the time or just want to quickly understand what a proposal currently is trying to do. So obviously at your own risk because you will if you want
We still recommend that you read the entire proposal, but for a quick overview of what a proposal currently means, what we've started doing is for every proposal on the dash web dashboard, we show a five-point explanation, quick explanation, by a chat GPT on what the overall proposal intends to do. So trying to simplify the governance
experience as much as possible. We are currently walking on showing what specific values on the chains have voted for on the governance proposal as well. Similarly, on this taking, we are building this is again probably an alpha where we are launching our Staking Dashboard real soon this week, where we will be supporting planes taking as well as liquid
it's taking in one single dashboard. So if you want to see your stake assets, if you want to auto compound your assets, if you want to liquid stake, if you want to un-stake, if you want to see any of your stake assets with jailed or inactive editor, literally everything that you want to do related to stake
you can just view using one single dashboard. So, yeah, so I think these are overall these are the things probably that we feel definitely separates us from the other wallets out there in an art cell basically the mobile experience and overall maybe mobile experience and making that as our
core focus, native support of all the chains that are present on cosmos and hub for the entire cosmos ecosystem in our web dashboard. Beautiful. Yeah, and that's quite a mouthful. There's a lot of things going on, which people who know leave and use sleep. They
also know that you guys are doing a lot, which I think is what Wallace needs to do, right? They need to encompass a lot of users. And something that you mentioned, which I found interesting after interviewing and talking to a lot of founders and projects in Cosmos, is that Terra, all the crazy stuff that
with Terra and the whole collapse. One credit that we have to give to Duke One and the Terra community is that they definitely brought up a lot of people to the customer's ecosystem. So many projects, so many users who used Terra didn't know anything about customers or whatever, but they sort of got into
Cosmos via the Terra ecosystem and community. So that I think we have to give hats off to the Terra community. And you guys, one example of that, with you can mention Kajira also, which is getting a lot of attention these days in Cosmos, there's a lot of projects now that end users getting attention there. But I want to dwell
on the super wallet that you mentioned Barun because I think that's a very, how do you say, like a very sort of, it's a catchphrase that really captures the imagination for a lot of people really. We tend to want these one-stop shops where if you want a wallet, you
want to go just one place, right? Like Metamask for example for EVM chains, etc. So I think it's super wallet that you guys are doing is a really, really powerful narrative. So talk to us about how you want to do that because right now you obviously focus on customers. You also have integrations or implementations with near
But for example, will you at some point have EVM compatibility via I don't know if months or something similar where you sort of make these cross-chain connections with your wallet? Is that something in the making with our super wallet? That's an interesting take. So I'll chime in with my thoughts and
on cost most should happen through can should or can have could happen through the poll it is the vision that we have. But at the same time things like EVM support so what will be solving for right away is if someone wanted to let's say we know that a lot of folks are migrating
from EVM to Cosmos and starting to hear about Cosmos and wanting to start exploring Cosmos we definitely want to be at the center of that migration. So we currently obviously are in talks with a lot of interesting folks including Axela, Squid and a lot of other folks as you mentioned if most obviously and
We are figuring out a way where we can be at the center of the entire migration that is happening. Whether being a super wallet for the entire ecosystem and bringing those ecosystems into our wallet categories is something that
obviously is possible and we have been brainstorming on but we do not have a conclusion on that but wherever cosmos is at this center of things we would love to support that right away. So that is our super wallet Jesus at the moment.
on their mark, actually first I want to touch on the previous one point that you're making earlier which is a lot of things happening right at least what you're building etc. But I think one common thread between all of this is we are obsessed about solving for the cosmonauts, the community that we have here right that's been the center of our building philosophy.
From day one, I think later if you go back to March, May, 2nd, we can first announce that we are building on Cosmos. The first question that we ask, which we continue to ask, even till ladies say Cosmos what you want us to build. That's being consistent till now and we will continue to do that and shout out to all the Cosmos who have been giving feedback and helping us form the roadmap that we
we have built so far in the future. And the reason I say this is the whole thinking around location will be support other chains etc. Honestly the answer is if Cosmos said comment say we want support, the same wallet to support other chains also I think yeah that's if we have enough number of votes asking for it we will definitely
try to figure out a solution and build it within our app. So definitely not rolling it out at this point in time. That's what's required. Yeah. Makes sense. And yeah, I think a lot of people in here and in our community will agree that betting on Cosmos is a widespread. I mean, eventually, more more chains will
pile in, they will be IBC enabled. And in that way, you can sort of piggyback your success on the success of Cosmos, which I think is a very wise bit. And most people should do that if they want to stay in crypto. So that makes sense, I think. And the strategy that I can see other projects are also adopted.
I mean, and even that's a okay, I'm just thinking if I was leap if I was the one deciding on what to prioritize. I think it's going to be very challenging to disrupt anything in the wallet space on EVM chains like Metamask, it's obviously a behemoth. There's a lot of other options out there. There's a limit to how much
you can really do different or better than the existing incumbents. Whereas in customers there's a lot to do and there will only be more because the space is growing so rapidly, more zones getting deployed, consumer chains and the customer's self, there's just so many things, right? So yeah, probably a wise bet and I think most people will agree
on that in here. But yeah, talk to us perhaps a bit about what you see in the foreseeable future. Right now, how many chains, for example, are you compatible with and will you just keep adding new chains? Like what's also on your horizon for you guys? Yeah, absolutely. So, in like, first of all, talking about
adding new chains that is something that we want to be doing throughout it. So we want to be the first wallet to support all the chains that are upcoming and that are trying to build. We want to support all of them natively. So what one interesting thing that is coming up soon is suggestion on mobile
mobile, which is if you want to test out your chains that are on devnet or testnets, you can either add your own custom chain on mobile as well or you can also suggest chain-towered app from inside the leap browser. So that is something that I feel is quite interesting. As of now, it only happens on extension, on Kepler or BDON.
And now you can also go and do that from using your mobile browser or on from inside leave browser. So I think again, this is something that will be very interesting. We have been talking to quite a few chains that are currently in dev building setting up their dev nets and testnets and planning their main net launch. So we are starting
to focus on collaborating with all the chains from when they start development and be the core wallet that they use even during development right and obviously we'll be supporting them during testnets and make sure that they are natively integrated once they have a few users on the testnet and they're just carrying that forward in support
supporting them on their main net launch. This is something that will go on and this is something that will keep on happening in the upcoming ones. I am sure that a lot of chains are obviously planning a lot many more chains are coming to Cosmos in the next few quarters. So this is something that will be going on. So you would pretty much
all the chains that are currently on cosmos you would definitely find them natively on leap. If you are not finding a particular chain do reach out to us and wind up to bring their support up as soon as possible. Talking about features, some things that add at least we are interested, we are
excited about for the next few weeks or so. I think one thing that we have been asked to ship from the very beginning was Bluetooth Ledger and it did take us some time to ship it because of the other key things we were working on like Bush notifications and in app browser but Bluetooth Ledger is finally
to be shipped to the final final, I was of testing it out and making sure that it's robust but coming next week you will definitely be able to use your prototype lecture on your mobile devices as well so trying just trying out just making sure that out these are being the most
useable mobile wallet goes on and on. So that is definitely one. The other thing that we are very excited about is the staking dashboard that I talked about that is something that we will be launching again very soon in the next few days which would be a hub for all the staking planes taking all the liquid staking experience that you want.
You are not a compounding of your staking rewards that you want everything from just one single staking dashboard and making that experience seamless. These are the two core important things that are coming up in the next few days at least. Talking about a bit more strange timeline. A few interesting things that we are working on is social
logins definitely up there. We will look for folks to have an option to not get into remembering their seed phrases or private keys for users who are probably not as accustomed to the ecosystem because a lot of new users are coming onto the cosmos.
social login would be a better option for them. We will obviously have an option to choose creating a new wallet through your seed phrase but social login would still be one of the options. We are also really excited about, as I mentioned, cross-chain, bridging and swaps. So a lot of interesting stuff being built there around by a Squared Axler
of the folks. So we are in constant touch with them. We'll be making sure that we support bridging things in and out of cost most making sure swaps as supported natively on our dashboard as well. Maybe we have to do a connect to metamask experience for users who want to come from EPM but will definitely be supporting
that within our dashboard. One more interesting thing that is in our timeline for the next few months is an aggregated view. So obviously you have aggregated views on dashboards right now both on Kapler dashboard as well as leave dashboard. But we're not for that to be brought onto the extension and the mobile apps as well.
currently as more and more chain complexity increases, it will be tough for users to go through all the chains and switch chains and figure out that experience. We would love for us to give you an aggregated view of what is happening across all the chains, right. What tokens do you have across all the chains in one single view? So that is something that would be quite tricky to
handle obviously but we are currently trying to solve that from a UX point of view. And yeah, so these are a few of the interesting features that are coming up in the next few weeks or in the longer run. Hey, there's two at one point to what Burrundar's stuff that we're mentioning is, so skill you on the change
helping support currently mark. Especially for the customers, for the season most of the very recently launched chains like Quasar, Noble, Quetzilver, Kaip, Corium, all of these are needily like now live on live. So definitely check it out and again we have again much more
for new chains which are coming to be added in the pipeline. So we should be supporting them as soon as they launch. So yeah, definitely it's a different how how the customers will use this new chains and in general how the customer season is going to look like. Yeah. Right on, right on. Yeah, I mean so many things to look forward to with leap
in general in customers. I want to develop it on the security, though you mentioned about social lock-in, people are not necessarily accustomed to seed phrases and are not necessarily very tech savvy. I mean, if we are to make crypto mainstream and onboard an X billion or whatever people are saying,
to get crypto mainstream, we need to make it easy for people to create a wallet, which is typically the first thing that people need to do in order to get it to crypto. So yeah, I talked to us about the security and I guess social login because what I've seen in other wallet providers is that if you if you have heard something like social login, for example,
What you would typically do is you would split the private key into three so say I lock in with Google for example, right? Then a part of my private key is stored on my device mobile laptop whatever a Part of my private key is stored on Google server and a third part on your servers for example, and in that way in order to hack me
you need to hack all these systems, my local device, Google and Leap in this case. Is that a simpler implementation that you have? Or yeah, basically talks about security? >> Don't probably go first and you can chip in. Yeah, Mark. So let me answer the first question.
the MPC, the whole social login question first, and then I'll talk about the broader security, how we think about our security at Leap as well. So, I think it's a very helpful, that's the direction that we're taking. It's called MPC, multi-body computation, technology, and we are exploring a few providers like Web 3, Auth who already
as this. Right. Wearing it actually, they split the private key into three parts. Like you mentioned, it's first saved in user device, the second is connected to the Gmail or any of the other social log-in that the user is using. The third part is actually stored on a network called Taurus network, which is again managed by different validators, et cetera. So even we at any point
time as a leap wallet won't be storing even the third part itself right. Just using the third part we can't access the wallet but that itself is also not stored in our servers. So this is one it's permanent that we are doing again assessing if this is the best way to implement or any other better ways to implement this and that's what Baron was touching upon is that heavy are actually spending time taking your time to
Assess all the resources associated with this technology and then only we will implement it because at the end of the day security is the highest priority for whatever we will be let leave. So definitely not going to take shortcuts or implement something which we think is not right from a security standpoint. So that's on the social login piece.
different. I think we have been experimenting quite some time. So should see good updates from us on this front coming soon. Now, now we're going to overall at a very high level. How are we keeping, you know, users safe? We were using sleep wallet safe. Starting with, like I mentioned, security, everything that we build, the best thing that we can, is secure.
up and what it means is first of all we are a non-custodial wallet which means we don't store your private keys and cannot access your funds. And second point is since the time we started building on cosmos we have always our plan was to you know a great open source and we started first. It's once we focused on building
the product first. But over the last two months we started our open sourcing journey. I think in month ago we have open sourced our key management part of our code base, which is the most critical when it comes to managing case, etc. That is open sourced right now. And we plan to open sourced a test of our code base or entire wallet code base over the next quarter. This coming quarter.
So, it is for the next three months will become completely open source. That is one and along with that we have also got Halban which is probably one of the best security or it forms to monitor code and we will be very soon again be releasing our public report for again everyone to check that as well. So, while we are taking
these steps from a very high level being open source and getting our audience done to make sure we are always up to date with respect to the security practices. We always are in a lookout for adding few features which will add the HTAR layer of security. For example, if you use our mobile wallet, it utilizes the biometric sign-ins to provide
it's a little bit more of a security for anyone who is using it. Similarly, other smaller features that we added is customizing auto lot timer. It's not 24 hours by default but if you are someone who wants to block your wallet every 15 minutes, you can go ahead and do that already. And similarly, there's a small feature of height balances by default. Essentially, you can height the balance
of your portfolio or any token essentially is to prevent the solders of him. And again, this is something that we keep adding and we have a feature which we want to implement on Cosmos as well to essentially create a black list of known scam websites. So that if you try to connect your wallet, we actually throw it out.
the message saying, hey, looks like this is a scam, it said don't connect your wallet and use a phone. So these are the features that you're always saying look out for and try to keep adding to our wallet feature set. And one of which is again the NPC based social login feature that Barun mentioned. So yes, we are always saying look out for improving security and adding these smaller features to protect our
users and while being open source completely and you know being done or it's also being done with the audience and through these top firms like Halban. Sorry, Halban also answer if he wants to add it
I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think, I think,#
We have a lot of chatter about and we have opened our most important key management part and we are on the path to open source. There is stuff that is soon as well. So that is one major part and obviously with the audits happening we are in contact with the community.
to make sure that everything is as safe as possible. Beautiful. And yeah, open sourcing things is the way to go, especially when it comes to security, having multiple eyes on it, making sure that it's a battle tested, it's a wise decision.
I think it's always a bit tedious to do in the short term. It requires more from the engineering team and the technical team, but I think in the long term it's definitely worthwhile. I mean, it will be detrimental and it is detrimental to any wallet provider if they get hacked. So yeah, wise choice. You guys
for the launcher. This has a signal that you are in it for the launcher that you open sourcing these parts. So yeah, that's perhaps allow ourselves to dream a bit. Let's say you execute beautifully on all these different features and extensions that you're building, adding to deep. There's no major hack
or security vulnerabilities that gets exploited and everything sort of falls into place. How will deep look like in a few years from now? You pick your number five years, I don't know, ten years. How will deep look like and perhaps the broader ecosystem if you will?
So again, let me start at a higher level. We think what it is critical part of any Web3 ecosystem. If you take a step back and look at the play the role of Passport to Web3, that is probably the first user touchpoint. And we believe that if we want
to grow. So on the ship from centralized changes to defy to happen, a good wallet experience is make or break when it comes to onboarding users. Whatever we saw in the last year and even now, we should believe that if you compare current wallet space and the experiences that the products are providing and compare it with
you know, best in class with two products, it is lot to dream for here. And all of this has to happen. It will let it definitely has to improve like, at least 100 days to onboard next millions of, and billions of users into DeFi and crypto. Because it's in general again, there's a lot of complexity that is there. We need a wallet which can simplify
those complexities and provide it as a easy to use experiences. And that's essentially our mission, right? In the long term, it's to identify all customer touch points with the blockchain layer, right? That's the number one. And number two, when we keep thinking on how can we improve each and every one of them hundreds in terms of UI, in terms of security, everything, right? So that's
that's what we are here for. And to get into one more level of detail here, what it means is we can break it down into a couple of pieces. One is onboarding and on ramping, which is hate. On boarding it's a like, you are also mentioning earlier the whole seed, phrase, phrase, I think it's in general is a little bit more complicated for a normal user. And we are
exploring various required solutions to provide better key management experience. Social Logins, KMPC, normal MPC-based solutions, smart contract wallets. So I think we are always in, you know, researching these. We have team which researchers on these and you know, close the loops with the barrens and our team. And we are experimenting with them right now. The experiment is more be around the
PC, social login based stuff, but as we are in general, I think on lookout for any solution which improves the onboarding flows currently. Coming to unwrapping also, we are in touch with a bunch of on-ramp providers, Kido for example, Transad and we are already integrated them in our dashboard, but DIDI has to make it more native experiences in terms of unwrapping.
as well. Let's take second part to this entire equation of improving the crash mal experience is on the transaction layer which is actually what Burund Prabhavoli covered in the whole Supervalid thesis where we essentially want all the activity to happen just inside the wallet. I think everything any user want to do or interact with the Cosmos chain
So that we can you consistently to experience across the board which means you know working with the chain teams okay to adapt teams and integrating them and integrating the most important experience in wallet I think we started I think this is the journey we started off right now we look at our wallet we have taking gone and
and the data is to take it to the next level and make sure everything can happen within our wallet. I think that's one more thing I see happening in four years, five years in future. And finally, discovery, I think this is something we should keep thinking about on how do we help users discover node
and that's an interesting opportunity. And then this is one place where most of the non-custodial wallets do very little here currently because most of this if you imagine it happens to either 3g groups, discord, twitter, etc. But if you can actually properly solve this and build this into a wallet, I think that's going to be a game changer retrospective experience.
And right from any new product that is launched or new wallet that is on new a drop that you're in for like everything that currently whatever is happening outside actual wallet experiences and I'm so discovery. I think all it's are very well placed to solve for that and and yeah, I mean that's that's one other focus area for us and always keep thinking about how do we make it better.
Yes, I think at the end of the day, yeah, experience wise, making it very, very, very simple to come into a blockchain, participate in blockchain and make your goals out of blockchain is what we are here for. I think five years, yeah, definitely should be able to do that.
beautiful and interesting about the discovery function. I haven't heard that before but it makes perfect sense. I mean, you could I could almost see it like you can create an app store, you know, when you create your wallet and then you see all these different applications of apps, of course, that you can interact with and then you sort of become the I don't want
called it a gatekeeper or an intermediate but at least helping the user to start doing stuff with the wallet whether it's DeFi stuff or NFT stuff or whatever right? That's right, that's right, but I think the current tabros at the weight is built right on the weight looks and feels good first step towards the dirage but I think that's one way that we have anything
about Sony for discovering. Yeah. Beautiful. And yeah, because right now, I mean, a lot of things is happening on Twitter, ironically, we're sitting on a space right now, um, telegram, etc, etc. So if that can be more sort of embedded into the wallet provider, that, uh, I think that could help a lot of users
for sure. There will always be people who is keen on using Twitter and Telegram and interacting there, but definitely most people, a lot of people I think will just casual crypto DeFi users. They would prefer some kind of app store, app store with a wallet provider. So yeah, and speaking of community and Twitter and all that
talk to us a little bit about what we can do at the Cosmos Club community, everybody listening now or re-listening after the space is not live anymore. How can people can evolve with Leap? Right, I think I can mention it from day one, I think
community support has been very helpful for us in terms of deciding what to build, how to build, etc. And I think with their support, I think by now within the last eight months we launched our extension right now which is like mobile apps, both of them online and our dashboard as well with the very large phone features set. And now I would definitely ask the community to
try this out, play it on with the wallets, discover it, try to discover the experiences that we have been for you yourself. And we think we would definitely love it. And if you love it, please do share this with your friends and other community members. And yeah, help spread the whatever does. Basically that's the request from our end.
And also definitely, I think anything else, we definitely want to continue this community-based building process. Any wallet problems that you might face currently are any feature you think your wallet cost most wallet should have. Do let us know just read us up on any of our telegrams, discord, Twitter itself. And we will definitely focus on building
them. We also have a public road map which we host on our Twitter. So where you can put up for all that we very put out a road map publicly and you as a user can go and vote for the feature that you would want us to build. So it's another way for you to participate and share your feedback on this. Yeah. Definitely. And that's one
I really admire about deep. You're very open in general about what you intend to do, how you do it. Security you also mentioned about open sourcing that. The roadmap you just mentioned now is very collaborative with the community, which I really admire. I think that's a great thing that you guys are doing there.
That's all you very know. Awesome. So yeah, anything guys that we forgot anything you want to leave the community with today that they should know about or point them to. Obviously people can go and leave all the I.O. to find out more information.
on your website, telegram, twitter, all that. But yeah, anything you want to close this thing off with? Probably with a little bit of alpha, I think Barnum has a bunch of alpha from new product releases that we are happening. But yeah, I think one is staking up which we are definitely excited for. We think
I think it's probably the best taking experience, kind of like in Cosmos where you can do normal taking which any of the validators and if a validator support auto component through which state that also happens automatically. And in the same dashboard you can do liquidaging as well. Definitely looking forward for the Cosmos to try that out and shape feedback on that.
And one more little bit is like Baroomers mentioned, right? We've done recently is integrated chat jpeg to summarize the long one is proposals across all the chains, right? To make it even more easier for users to notice the disturbance these proposals, we have built a quick
small click and 30 telegram bot which anyone can again subscribe to and start receiving these modifications that you proposal as gone line or you know last day to alternate proposal and voting results. So you get all of these for every chain on cost most right there in telegram. That's the best way I would say to you know keep updated with the
new proposals and also it is that's come with the chat DVD summary again so it's very easy to know what's going on as well so yeah these two things are very very soon will launch this week on next so that's a bit of alpha yeah yeah that's super cool chat TV series is all over the place one of our sponsors also blockbases they use it for
scanning what the what the contracts and yeah summarizing what the contracts are similar to what you guys are doing so yeah really cool to see chat GPT being adopted left and right I can see there's a there's a request to speak from MCQ so if you have a few minutes to answer
perhaps a community question. I will approve that request. I'm not sure who MCQ is and what the question is. So this is always exciting, but I just approved for you to speak MCQ. Yep. Hey MCQ, how's it going? I can see you on mute.
Hello. Hello. Can I ask to my question? Yes, my question is how do you plan to return long term in
the stores and what are the benefits or rate and then are you planning to move to another blockchain in the future or launch your minute? This is my question. I think well,
I'm not going to ask on the beer as you're your behalf guys, but the leap being a wallet, you're not exactly launching a chain or a token on a chain. You're integrating with it, right? So MCQ, maybe you can clarify that. Like what do you mean launching on different chains?
Do you mean integrating?
Can I ask again?
So, my second question is, "Crast in the most important thing in every business even in life. So, can you please tell us what makes users investors and customers feel safe when they are working in you?
So I didn't catch that baron were able to catch it or mark. Yeah, it's hard to, it's hard to hear you and secure. Yeah, now the second part, but again I'll just take it on context for the first part of the question is probably us
integrating more and more chains and I can just answer that part for now as we discussed during the call as well. So we are in discussions and as Mark also rightly mentioned we do not want to launch a soul wallet for Ethereum
or EVM chains for example, because MetaMask has already been there for quite a while, Phantom has recently launched. So one consideration that we can obviously we are doing and considering right now is EVM support. That is something that obviously pretty much every wallet is thinking about.
So there is a probability that we might integrate NeoChains and we might add support for NeoChains in the near future but at this point at least for the next few months the core focus right now is cosmos and helping users
from other ecosystems coming to Cosmos will definitely be there. Whether we start supporting our newer chains and everything around that, that is something that is up in there for the next couple of months at least.
Thank you. We have one more request, which I'm going to, I hope it's okay with you guys, but then and. Yeah, it's DJ Oberon, I think. Oh, yeah, okay. I think is there now.
We can hear you DJ. Thank you very much. I just want to know about how the progress about LIB and integrate with our deploy with the same network.
I hope how ready this is for minutes.
Oh, absolutely. I think say something that say is the team is we love the safety. Obviously they ship pretty fast and they are a very robust team and we have been in touch with them and it's
accessing what possibilities could be there for the last few months now. So we started with actually supporting Atlantic one as the launch. We supported some custom integrations around faucet within the wall
ready with their minute and we are as excited as ever to work with SAI and make sure that obviously the next set of users that they are bringing can experience the entire ecosystem from within the wallet itself.
Okay, I understand. Great to hear that. Thank you very much. Awesome. Beautiful. We have one last question from F. M. Roy and then we'll close this thing off guys.
The Leap team has been very generous with their time. But yeah, last question from if m Roy and you should be able to speak. I approved it at least, but I can see you only a listener. So I don't know what happened there.
This happens sometimes with Twitter Spaces. It's not always very easy to succeed and inviting people to speak when they request. Yeah, I think Twitter Spaces is something that a lot of people have been complaining about. But I think you all feel free to also post your questions on the comment to the
is recording and we'd love to come back and answer those questions if possible. Yeah, yeah, maybe that's the way to go. I don't know. I've invited FM Roy now a few times, but I don't see the speaker icon. So yeah, guys, thank you so much for coming on the Cosmos Club. We thank you for all your hard work and
Yeah, thank you for being so generous with your time, answering community questions and of course the questions that I had. So yeah, Godspeed guys. Thanks Mark. We didn't create a being here and you're looking forward to coming again. Thank you. Thanks guys. Take care.