Hello everyone and welcome to the club.
Now we have stuffy hop on the line and I can see Adam is requesting to speak. Perfect. Let me just approve for a second.
Right, and I can see the speaker icon and you're on that. Are you able to speak?
Beautiful, beautiful. Welcome to the club, man. Thanks for helping me back. Definitely. I know there's a lot of things that's going on on your ends, but yeah, I'm sure we'll get into that. But how are you feeling these days? You haven't been this
by the SEC or anything like everybody else. Everything is still pretty fine on staffy's end with our fingers crossed of course. Let's hope nothing happens from the SEC's and I know that Atom got hit
as well. Yeah. I don't know. Yeah. Adam was definitely one of the tokens that they have practiced in security. That finance, US, and Coinbase had listed. But honestly, it just feels like extremely political.
just shooting birds with shotguns, shooting left the right. I don't know how it's going to end out, but it just seems like an overreaction and extremely politically motivated on my end. I mean, it could be a blessing in disguise because this could actually
potentially accelerate the policy making process as well and giving us more clarity on the situation. If anything, it's a buying opportunity for anyone who's not sure in crypto.
China has banned Bitcoin like a thousand times. It's about time that the US starts doing something similar, I guess. But the crypto is bigger than that. The crypto is global, it's truly global. And it's only a matter of time before everybody starts adopting.
That comes with regulation that is adopting crypto and anything in between. Yeah, time will tell, but I see this generally as a buying opportunity, I think that's the main thing away from me. Of course. Time to load up.
Exactly. But yeah, I can see people are starting to tune in. So welcome everyone to the customer's club where we talk all things customers, which we daily about what's going on. And then we invite interesting, fascinating, hardworking builders of the customer's ecosystem. And today we are honoured to have them from Staffy Protocol. Welcome Adam.
Thanks for having me back for my second time here. I remember exactly when we spoke last time, but I think I feel like it's been quite some time, so I'm sure a lot of things has happened since then. But yeah, before we dive into StarVee and all that,
That was a little bit about yourself. I mean, people will come from all walks of life in crypto and in costless in particular. So give us a little personal background. Who is Adam and how did you end up working for and with stuffy? So basically I was actually a chemical engineer back then, but
that didn't work out for me. So I quit my job, started a marketing and design agency firm. And soon after that, I dive deep into the world of cryptocurrencies beginning in 2016 with some investments here and there. It was a whole new world for me filled with
promise and potential of course. Along the way I found myself increasingly drawn to staking and yield farming, it was the time when mind boggling APYs in the thousands were not unheard of so the drill of the high returns was hard to resist but of course there was a catch.
So these tokens that I invested in were essentially long term and held hostages hostage by smart contracts that felt like a prison. So this meant that I couldn't really move or trade mine tokens without sacrificing potential yields and that pretty much opened me. So that was
when I came across StarFee in 2020. And what truly captivated me about StarFee was their pioneering approach to liquid-sticking. And this method, which I quickly realized would revolutionize all POS networks in years to come, provided users with the liquidity they needed,
while also allowing them to read the rewards of staking. So despite these transformative potential of liquid staking, many in the crypto community are still not fully aware of its implications or the use cases it could support. So motivated by my belief and the
promise of liquid-staking and as an active investor and community member of staff, I reached out to the team members to actually offer my perspective on their product offerings and express my desire to contribute or directly to the project. My proactive initiative led me to an invitation to join the team.
where I could channel my passion in fostering a vibrant community and engaging users to understand their needs and perspectives. So my involvement with staffy actually deepened over time, transitioning from community management to a more operational role. Today as the community lead, I handled the
today activities of staff and participants in various aspects of marketing, business development and the community. So my hands on experience in steering crypto communities coupled with the belief of liquid-staking has equipped me to make meaningful contributions to
staffies, ongoing growth and success. So yeah. Awesome man, awesome. Great to see so many different people coming to crypto and cost us. I mean a chemical engineer, that's a new one for me. I had graphic designers, obviously people who work
to finance technical people, chemical engineer, that's the first. So congrats on that Adam. You are my first chemical engineer at least that I know of in Cosmos. It's just a fancy title to be honest. Fair enough, fair enough. But yes,
So you already started opening up a bit about stuffy. So talk to us about what stuff he is. Imagine that we never heard about stuffy. It is the first time, consider us, you know, complete the newborn, five-year-old kind of people, encourage stuffy. What is stuffy all about and why should we pay attention? Of course. So let's dive deeper into what
staffy is and why it holds a unique position in the DeFi landscape. So, staffy is short for staking finance. It's the first of its kind DeFi protocol designed to unlock the liquidity of state assets. So, it's built on the understanding that while staking provides a significant return on
your investment, it comes with the drawback of reduced liquidity. When you stake your assets, you typically need to long them up for a certain period of time, which we call the unbonding period. This prevents you from participating in other potential lucrative defy opportunities.
To solve this issue, Staffi developed the concept of R tokens, which we call rewant tokens. So when you think your native tokens with Staffi, you receive an equivalent amount of R tokens. So these R tokens are liquid, fungible and can be traded or used in broadded defi
ecosystems. They represent the originally stink tokens and the staking graph rewards that they accrue. So this model offers the best of both goals, the staking rewards and the ability to use stink assets across defy applications, optimizing capital efficiency.
So, Stuffy is continuously innovating to improve its platform. The upcoming V2 tokenomics upgrade is a testament to that. So this upgrade aims to enhance security, scalability and interoperability on the Stuffy ecosystem. It also seeks to ensure
that the staffy protocol remains sustainable while boosting the governance and utility of the native FIS token. So in terms of governance, staffy operates on a democratic model. We are currently working on activating our on-chain governance in alignment with our newly
upgraded tokenomics V2. So holders of FIS and the native token of staffy are granted voting rights within the system. This means that the community can actively participate in the evolution of the protocol and make decisions on critical factors such as tokenomics, burn strategies,
and other significant protocol parameters. Given these character instincts, Staffe is a project worthy of attention for several reasons. So basically, Staffe's unique proposition solves the liquidity challenges that accompany staking
in blockchain networks, allowing users to simultaneously re-staking rewards and participate in other defined protocols. Secondly, default coming V2 tokenomics are great underlying staffies commitment to continuous innovation, aimed at
improving security, scalability and interoperability. Enter it. Our Democratic governance model gives token holders a say in the protocols future, a crucial feature, in true decentralized systems. So that's pretty much what stuff is.
Awesome man. And I'll start to blend in. I think I did this last time. I'll start to blend in community questions early because there's a lot. I think there's almost like a hundred different questions. 200 actually. So we can't get through all of them guys but I'll try to fit in as many as I can.
And one of them is how you see it in the sort of growing space of a liquid stake assets and the stake that equals. So you guys have obviously been used to get a great deal of adoption, I think, like in the next, then we also had on use our assets like
How do you see yourself fit into the space of different liquid-staking protocols and perhaps also how do you compare to the other protocols like stride of course and quicksilver just multiple in just customers? So in my opinion I think stuffy is
is really unique in a way that stuffy actually operates on multiple app chains at the same time. So at the current moment we have stuffy chain which operates on substrate and stuffy hub which operates on the Cosmos ecosystem side of things. So stuffy chain actually is
focused on EVM compatible tokens. So we're providing LSDs to tokens like Polygon and BNB for example. Well for stuffy hub we have Iris and Wahoa and Carburet.
network as well. So, Stuffy is pretty unique that we have set the foundation to be really scalable, meaning that AppChains don't stop at just StuffyChain or Stuffy
have in the future. We have several more app chains lined up such as the Polygon Supernet or the Avalanche Subnet which will allow us to grow our art tokens really quickly. So other than that, we have a
really good security model in place. So stuff you have recently just implemented, I propose to implement the ICS interchange security model, which I'll touch on more on that later. So this coupled with scalability
I believe that stuffy is highly unique compared to other LSD protocols like stride or quicksover. Does that answer your question? Yeah, beautiful man. Sorry I was unbeaut. And yeah, I mean talking about
LSDs in general, liquid-staking derivatives. You have a sort of unique, there is a unique LSD universe architecture about the single system. Talks us more about that and perhaps give a bit of introduction for those people who haven't heard about this. It's the first time they hear about it.
Yeah, sure. So as mentioned earlier, StaffiHub is actually a parallel chain developed by Staffi based on the Cosmos SDK. And it serves as an application chain catering specifically to the Cosmos ecosystem, sticking derivatives. So it holds several key features.
that makes it a good candidate for a universal LST provider on the Cosmos ecosystem. So basically the chain functionality of StaffIHub is based on the Cosmos SDK similar to Osmosis of Swiftchain. However, the validator system of StaffIHub is not
initially decentralized when the mainnet was first launched and was nominated by the staff foundation. So all this is changing with the newly implemented ICS on staffiHA, which was recently proposed today. So this was
the shift from the Staffihab validator set to the Cosmos validator set to secure the network. So Staffihab is also universal in a way that it's highly modular and customizable. With that being said, Staffihab is built
on the flexible Cosmos SDK framework, which allows for modular development and customization. Developers can leverage the existing infrastructure and tools provided by StarVihub to rapidly build and deploy their LSD solutions. So this pretty much saves the
developers and new protocols a lot of time when they would like to deploy their LSD solutions on staffy. So this modular nature of staffy hubs architecture enables easy integration of different functionalities protocols and standards, providing developers with a solid foundation to
to innovate and create new speaking derivatives. So we also have developer-focused tools and documentation. So stuffy hub places a strong emphasis on supporting developers and providing them with the necessary tools and documentation to expedite the development process from a
comprehensive developer guide to SDK libraries and code samples. Staff-Hub equips developers with resources that accelerate the creation and deployment of LSD solutions. Thirdly, Staff-Hub supports the IBC into blockchain
communication protocol for those who have not heard. So this allows token assets from the Cosmos ecosystem to be transferred to Staffihub and our token assets on Staffihub can circulate freely as well on the Cosmos ecosystem. The Cosmos ecosystem token
can directly mint out stuffy hub based taking the root of this using the capital wallet and corresponding POS tokens. So the lastly, um, stuffy hub is unique in a way that it actively collaborates with other projects
example calls within the Cosmos ecosystem to ensure the easy integration of LSD solutions. By partnering with key players in the ecosystem, staffy help provide developers with access to existing user bases, liquidity pools and the DeFi platforms. So this
This integration forces a vibrant ecosystem where developers can easily connect to their LSD solutions with existing services such as utility and the adoption of the products. So Staffi Hub actually launched previously in Quartet 3, 2022 based on the
So since then, StaffY Hub has implemented IBC.
interblock chain connections and the ICA into chain accounts to help bolster security and decentralization ultimately removing the need for multi-sick addresses signing from validators. So for the DeFi side of things we currently have Atom and Carbon launched on
on DMX. So DMX is actually a DAX platform as well as a money market which facilitates lending and borrowing. So we believe that these two platforms are the most popular defy at the government on customers and will cover most of the needed defy operations needed
by users. For example, with Nitron on the max, I could land out my R atom, which is basically my staked atom, and an additional API for landing on top of my staking rewards, as well as use it as collateral to borrow other assets. For example, USC
which is the stablecoin on carbon network. So this opens up a lot of possibilities for Cosmos ecosystem users. We're always looking to expand our defiant integrations for our tokens and have many more exciting developments in the future. So there's a lot to look forward to as our token holder on the
most most ecosystem in general. Definitely. And I want to just dwell a bit on the DMX because I think most people in the Cosmos, they have at least heard about DMX, probably tried DMX. And that's I think where you see stuffy assets, liquid state assets, most
the prevalent and apparent to the user. You, for example, have RADOM as you mentioned, you got R-S-W-T-H, the carbon-nated token. You actually have like a pool where you have the liquid state and the normal free floating assets.
which you can add as an LP token on Nitron as you mentioned to borrow against it. There's a lot of things you can do with stuff. Yes, it's in a nutshell on DMX. So talk to us about that, the partnership relationship. It seems like you guys are really kicking it off. You and the awesome guys at DMX.
Yeah, so we previously partnered with them a few months ago to initially launch our atom on DMX. So it's a really convenient way to trade our atom. As you know, liquid-saking, the whole point of liquid-saking is to have
liquidity of your art tokens. So it's really convenient to be able to trade your art item back to atom or any other type of asset at a very good rate. So we have quite a large liquidity currently on
for example, for carbon, we currently have 300,000 carbon currently locked up in the nitro market and this gives us a lot of liquidity to swap against. Other than that, I think then
and borrowing basically opens up a lot of possibilities for users to be able to keep your liquid state tokens and accrue rewards with it while borrowing other assets to be used in other defy applications. It's a
huge plus in my opinion. But we are currently looking to launch Iris and Hohua as well, so stay tuned for that. Nice, so that's a bit of alpha. That's supposed like alpha to me.
that we can start adding soon enough our who-whoa and what was it, our Iris on DMX exactly. That's a matter for you guys there in there early.
So you also made some improvements, also milestones, I guess you can say, on the security front. Talk to us about the improvements you've done on your most sick account and sort of the replacements to interchange accounts ICA for our atom. Talk to us about that.
So we've recently adopted interchain accounts also known as ICA for the management of sticking assets, more specifically for our item within the Cosmos ecosystem. So ICA is a protocol developed for the Cosmos ecosystem that allows for the control of accounts on one
one chain by another chain, enabling enhanced security and convenience in managing your state assets. The migration to ICA brings several significant benefits to the security and convenience. So firstly, we get enhanced circuit security. So we
The ICA, the management of state assets is handled program by code through separate chains via the IBZ transactions. So this means that instead of relying on traditional private key signatures, the authentication model on the controller chain sends IB
packets to the host chain, which signals the transactions that the interchain accounts should execute. As a result, the need for private key management or involvement of the parties are eliminated. So the transfer of key management from parties to change.
significantly enhances the security of staking management on staff. We have thus reducing vulnerabilities and risk associated with it. So other than that, we have increased convenience. So I see a enables the automated
of account control across different chains. So this automation actually streamlines operations such as taking, delegating and withdrawing rewards. And this allows for efficient and seamless management of your state assets. So by leveraging ICA, stuff you have
users can benefit from automated and streamlined processes, eliminating the need for manual intervention and reducing the potential of human error. So we like to try to keep it as simple as possible for users as well. So I see it helps us do that.
So we also have improved interoperability with ICA as the flow of information and commands across different chains are easily executed. So this enhanced interoperability enables stuff you have to interact and integrate a vine.
range of Cosmos-based chains and protocols. For example, as mentioned, our carbon and our atom. So with ICA, staffYHUB can easily communicate and transact with various target chains, expanding the possibilities and the utility of state-assets.
for users. So it's important to note that while ICA has been pretty successfully enabled for item and carbon, it's yet to be enabled for the Chihuahua chain. So until ICA is enabled on Chihuahua, the majority of multi-sync accounts.
managed by the Staff-EA Foundation and ensuring security and best practices are maintained. So by adopting ICA, Staff-EA help further strengthens its overall security infrastructure for the R-at-M delegation within Cosmos ecosystem. So yeah.
Awesome man. Great to see all the hard work done on interchains accounts. It's coming to fruition. It's getting adoption by good people from Stuffy and many other projects and protocols. Definitely. I mean the most by it people.
depends on the protocols enabling ICA as well before it's able to be enabled on staff yhabs and. Yeah, there's also come by ICA, interesting accounts, without talking about interesting security. And I know some
Stride, for example, has been getting a lot of attention for considering buying a consumer chain, branding security from the customer's hub. You guys are talking about entertaining security as well for stuff you have, drafting a proposal. Listen to adopt ICS. Talk to us about that.
Is that similar to what Stride is trying to do or doing or how is it different? Talk to us about this. I would say it's similar in a way. So let's start at the beginning. So as mentioned previously, staff V is pretty unique in a way that our FIS token.
actually secures both the Staffey chain and Staffey hub. So while FIA is taking in Staffey chain is permissionless, Staking in Staffey hub is yet to be community-land and is currently managed via trusted palliative set. Hence the fact that both of our app chains are currently
using a fire to secure its separate chains, introduces dilution. And this potentially weakens the security of both chains. So additionally, this dual use of a fire tokens introduces certain risk to the overall staffy ecosystem.
system. After running stuff we have for about a year, it became clear that managing to sticking mechanisms co-concurrently is not sustainable. Moreover, there may be concerns about decentralization and chain security if the value
of our tokens issued on Staffi Hub gross significantly. So these concerns are important given the ongoing expansion of the Staffi ecosystem with future app chains such as Staffi's Sumnet on Avalanche, Staffi Paratime on Oasis,
and staffy supernet on polygon in this pipeline. So to mitigate these challenges, staffy hub has actively been exploring the adoption of ICS. So this is called Intershane Security for those who does not know. So it's a security
protocol developed by Cosmos Hub and the introduction of ICS within StaffiHub aims to increase the security and decentralization while maintaining its scalability in deploying more R token solutions. So by implementing ICS,
Staffihub is actually seeking to safeguard its platform and token to against potential trends, making the NevoMorazilin. So this also marks a significant step in Staffih's ongoing efforts to expand and enhance its ecosystem. So the need for ICS
actually arises from the current landscape with stuff you have. While operating as a permission chain has proven to be effective, scalability concerns have become apparent. So scalability is crucial for the sustainable growth and responsiveness
to increasing the demands in the blockchain space, especially with the growing demands of LSD solutions. So one of the significant concerns is that the total value locked on stuffy hubs surpasses the FIAS state value on chain. So this is to
So, to understand this issue, we can look at the TVL, which represents the value of state assets currently being stinked or locked in stuffy helps smart contracts. On the other hand, the
FIS take value on chain signifies the amount of FIS token state by validator securing the chain. In an ideal scenario, the FIS take value should be equal to or exceed the TBL to maintain a secure network. However, the TBL
exceeds the FIS stake value. So this could actually incentivize malicious actors to manipulate the network and they might actually attempt a 51% attack by staking more FIS tokens that are currently staked.
with the intention of stealing assets locked on stuff you have contracts and this situation poses a significant trend to the security of the entire platform. So this is actually where ICS comes into play. So ICS is a robust security protocol designed to address the price
addressing issues related to blockchain security and scalability. So by adopting ICS, staff you have aims to enhance security by ensuring the integrity and reliability of the platform is maintained. So ICS actually introduces a shared security model where
multiple chains can leverage the security of one or more provider chains. So the Shad Security model is based on the concept of Shad. They are layered security where validators have a provider chain, which is Cosmos app in this case.
can also validate transactions on the consumer chain, which is StaffiHub. By leveraging the security resources of the provider chain, consumer chains can enhance their own security, reducing the risk of the attacks. By adopting ICS, StaffiHub
will actually become a consumer chain on Cosmos Hub, enabling the platform to leverage on the security resources of Cosmos and enhance the security in general. So this further, yeah. That's the great intro to both.
of branding security from Cosmos Hub using anything security and also how stuffy is going to unbord. I think a burning question I can see also from the community is would the tool could be FIS, FIS, you know, in a token in terms of reward of how people are very money driven. As I'm sure you
So we are actually implementing the ICS-V1 module, meaning that stuffy hub security, responsibility shifts to the end
entirely to the Cosmos ecosystem, meaning that validators are on, yeah, so this basically takes away the stuff you have validator set and it will entirely be replaced by the Cosmos validator set instead.
So, the full migration onto customers help. Yep, that's right. So, FIs would actually be shifted more towards a governance model moving forward, where FIs will also only secure the Staffey Chain Network and not Staffey
I'm moving forward. Which brings-- Sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry, sorry,#
up as being able to support consumer chains because we could just see in the ecosystem and looking at transactions, IBC transactions and all that, we could see how there were some chains out there that could really benefit from running security from the Cosmos Hub.
like Starfie is a perfect example of that. Would you agree with that? Exactly. As an LSD protocol, our TVL would actually reach significant heights and it needs to be secured by my
much more secure validator set. For example, Cosmos has a DVL of about 2.3 billion at a car moment, which gives us ample space to actually scale our LSD solutions without worrying too much about security.
So yeah, this is awesome man. This is awesome man. I just keep getting more bullish on Adam and Staking Adam It's it's unhealthy for me at this point, but great to hear the stuff is It's it's deploying how far are you in in this I can help
for that. How far are you in deploying your consumer tree? So we've just released the draft proposal today. So it's really early at the current moment. But we are looking at the next quarter, ideally. Hopefully. Next sense.
any hard deeds. Please don't because we never hit them. Exactly. Let's talk about the the FIS token, your token. There's a lot of people asking about the token, it's utility, but also air drop. The token is trading. People might not know it cost us because you can
integrated on us Moses etc but it is trading I believe on Binance a lot of centralized exchanges so talk about the token and whether or not many people as you can see whether or not there will be an ad drop for people who have for example liquid stake our atom with with the staffing
So firstly, at the current moment, FIS is currently trading on most D1 taxes, D1 taxes, centralized exchanges, like Binance, Coinbase, Kraken and more.
So we've got that most D1 exchanges covered in terms of that and in terms of adrop unfortunately we passed that stage we previously had something called the staking drop
where LSD participants were actually provided FIS in return for taking their item. We had harmony as well.
be and more tokens, but that happened about two years ago. So unfortunately, you missed a bone on that. But FIS can still be bought on exchanges and true taxes as well. Hope that answers. Yep.
It does. It does. Let's talk about the roadmap. In the future, we touch upon it a little bit already with you guys working on your consumer chain, branding security from Cosmos Hub. It was on the roadmap from stuff you have. You guys have a lot of things in the making, I know.
So there's actually a lot of things happening in terms of not just from Staffiha but StaffiChain as well. So as mentioned, with the new tokenomics V2 being introduced and ICS, Staffi as a governance token
would be amplified, meaning that FIS holders would benefit more from taking part in our governance, which is set to be activated.
So the introduction of an on-chain governance, probably in the next quarter or two, will empower the token holders to actively participate in decision-making processes. So this will allow the community to propose and vote on important protocol upgrades.
parameter adjustments, FI is burning for example, and other governance related methods. So on the stuffy chain side of things, we're currently working on a stuffy EVM compatibility solution. So
So at the current moment, as mentioned earlier, FIS is currently securing our tokens, meaning the LSDs on chain. So we are trying to shift and decouple chain security with our LSD security.
So with the introduction of an EVM compatible solution, LS, the security of LSDs will be shifted back towards the attack chain. So for example, RBND, which is Binance Coin,
will be secured by the BSE network instead of Staffi chain. And this will, as mentioned previously, help us expand our LSD deployments and solutions and quickly scale with this solution.
Other than that, we have a lot of DeFi integrations coming up. So we are committed to expanding our integrations with various DeFi protocols. So this involves partnering and unlocking new opportunities for users to utilize their R tokens.
be it in liquidity provision lending, borrowing or other defy applications. So as mentioned, liquid sticking is only as good as its liquidity gets. So we're trying to work really hard in that front as well. So other than that,
We have a DVD integration for our ETH Ethereum coming up as well. So we've been exploring DVD which stands for Dynamic Validator Technology and this will be integrated
into the staff ecosystem and ultimately increased the overall efficiency and security of staking. So other than that, we have the tokenomics V2 as well. So staffie is working on an updated version of its tokenomics.
So we would actually like to support the value of the advice token and make sure that holders are being rewarded as well for holding and supporting the network through governance. So this includes the fine tuning of economic in
centres, distribution mechanisms, reward structures, photo-conholders, validators and other participants in the ecosystem. So the goal is actually to create a sustainable and fair economy that aligns with the long-term vision of staff.
Some other exciting stuff would be the R token app, which will be fully mobile compatible soon. So the Staffi team is working on improving the user experience for assessing and managing our tokens. So we've actually updated our R token app.
which will fully support mobile compatibility, enabling users to directly stick and unstick on their mobile wherever they go. And lastly, we're about to release a new staffy website as well. So we would like to give a
more comprehensive and informative experience for our users. So we'll be actually launching a new website pretty soon and it will be featuring detailed information about staffy solution, services, ecosystem, and our latest updates. So that's pretty much how short-term road
That was good man. And how being the customers club, obviously, we're very customers focused, though surprise. How does customers take, sort of, help you, publish all these different things?
the food vision of the staff. How does customers, how does customers paramount to to making that happen? Safi. I think customers is really providing a great foundational infrastructure and ecosystem dance essential for us to
achieve our objectives. So the interoperability and scalability features of course must have pretty good elements that align perfectly with Starfish mission at the car moment to revolutionize the staking derivatives landscape and unlock liquidity across multiple blockchain networks.
As we like to say, we like to be known as a cross-chain liquid-staking provider. So, customers help us in that front. So, in terms of interoperability, customers is designed to facilitate seamless interchain communications through the IBC.
and this enables staff to connect and interact with various genes, for example, R-Cobbin and R-Atem, as previously mentioned. So by leveraging IBC, staff can actually bridge assets, data, and the functionality between different genes.
And this creates a driving network of change. So this interoperability is pretty pivotal to us and for our LSD solutions. And in terms of scalability, as the number of LSDs are used
applications and transactions grows. Skillability becomes a real critical factor for us. So Cosmos actually provides us with a scalable infrastructure, for example, ICS. And this allows us to handle the increasing
months of a robust staking system like Starfee's. So with Cosmos advanced consensus and modular architecture, Starfee can easily scale its operations and accommodate a large number of stake assets and this ensures fast and secure transaction processing
So scalability is really one of the most essential problems for staff to handle the expected growth in TBL user adoption and development of new LSDs over the coming years. And in terms of security,
Cosmos actually incorporates strong security through ICA and this helps protect the integrity of the entire network. So by being a part of the Cosmos ecosystem, staff actually benefits from the overall security provided by Cosmos Hub through ICA.
And it's validator set. So these high security standards combined with this shared security model introduced by CS ensures that stuff you can offer a robust and secure platform for our LSDs. So looking ahead,
I think that cost must will continue to be instrumental to our journey towards becoming a leading platform for LSDs. So these ongoing advancements and innovations within the cost must ecosystem such as IBCM grains, new modules and protocol enhancements will contribute to our
ability to offer cutting-edge solutions and stay ahead of the game. So yeah, I think Cosmos is pretty important to us at the car moment. I was like it. It just sounds like it. And if we can just, I mean, we sometimes in crypto, we think very like
of our roadmap, we think about the weeks, all the coming months, relatively short term, right? And the term moves fast, so it makes sense. But I think it's healthy sometimes to look way beyond the coming weeks, months, maybe
maybe a few years. Let's make the leap, you know, 10 years from now, 15 years from now. If you sort of sit on your porch or wherever you're comfortable and think back at what stuff he has become and you have a great sense of pride, you know,
We build exactly what we set out to build. If you do that 10, 15 years from now, how would stuffy look like then? Like what is the grand vision? 10, 15 years from now with stuffy. It's hopefully reaching its full potential.
I think if staffy successfully executes its role map over the next 10 years, for example, it's expected to evolve into one of the most mature and widely adopted platform for staking derivatives. So we would like to be actually be
known as a household name in the future. For example, staffy would be synonymous with liquid-staking and that would be the best outcome for us. So we would like to probably have expanded our ecosystem and form partnerships
with most of the top blockchain networks, protocols and the five platforms as well. So this will enable seamless integration of our solutions with a wide range of assets. And with this comes with increased adoption.
So if stuffy were to be successful, we would probably have gained substantial traction and adoption from individual users, institutions as well, and defy participants seeking to unlock liquidity from their stick essence.
So the platforms user base would probably have grown significantly by then resulting in a much higher TVL from what we see today. So other than that, I think staffy would also like to expand our LSDs into a
white range of diverse taking derivatives. So we would like to actually support a white range of this and users would actually have access to a white range of options such as yield farming with state assets, collateralized borrowing and
and other innovative liquidity solutions such as maybe options for LSDs or more. So, stuffy will continuously look to introduce these new types of products to meet these evolving these
So another good point would be interoperability. So if staff you were to be successful, expanding our app chains on polygon and avalanche, for example, our interoperabilities,
would further be enhanced and this will allow seamless cross-chain transfers and interactions. So the platform would play a crucial role in bridging these assets, data and functionalities across these ecosystems and ensure that
liquidity is always maintained no matter where you want to change your from. So I think lastly would be regulatory compliance. So we hope to have established robust regulatory compliance
to ensure the platform's operations of line with the evolving legal and regulatory requirements. So this comes with, I mean, it's just another day in crypto when the SAC hits you with a calling your token of security.
and things like that. So we hope to work closely with the regulatory authorities to promote responsible and compliant practices within the LSC space of course. So I think staffE would prefer to have expanded its presence globally, kept catering
and stakeholders from various regions and jurisdictions. Hopefully this platform would probably have localized versions by Dan supporting various languages and have dedicated communities in different parts of the world.
a global network of LSD users. So this one I think would happen for staffing the next five to 10 years, for example. Beautiful, Adam. This is the grand vision you guys have a lot of work to do, but it definitely sounds like you're on your way.
Is there anything else Adam? Is there anything we left out? Anything the community can do? Of course they should follow you on Twitter, etc. But anything you want to ask the community for before we close this thing off. I think for LSD users in general,
and stuff we use as of course the best thing they could do is hop on over to our forum and read our proposals and provide feedback on them accordingly as we are always continuously looking to improve our products and we are always
listening to our community as well. So feel free to reach out and let us know if you have any concerns or anything you like added into our solutions for this. Awesome Adam. Great to hear from you again. Great to hear more about stuffy.
This is definitely going to be something that we will follow closely and amplify of course on Twitter when you announce something. The whole consumer chain is taking people off cards. Not many people, but enough people. It's talking about it. So great to get that out there.
Great stuff, Adam. Thank you so much for coming in. I'm sure it's not the last time that we hear from you. And look forward to speaking to you again. Thanks a lot, Ma'am. See you here. Thank you, man. Bye.