Deep SPACE Mine: EP3 [RuneShot] $DOG, The Dragon & BTCFi x NEAR 🧨

Recorded: June 9, 2025 Duration: 1:09:09
Space Recording

Short Summary

Exciting developments in the crypto space as RuneShot prepares for its launch, introducing a new platform for Bitcoin token trading and liquidity solutions. Strategic partnerships with Rea Finance and the introduction of the RIA token are set to enhance user experience and yield opportunities, while the growing trend of community-driven tokens continues to shape the market.

Full Transcription

Thank you. You said that you didn't buy the Bitcoin to sell it, but would MicroStrategy ever take
some off the table when you sense the market is at a top and then just buy it later when
there's another correction?
Or do you just plan to hoddle through all the 80% downturn?
Yeah, yeah, I just disagree with your characterization.
I don't expect an 80% downturn. I don't think it's a speculative asset. I don't think you can, quote unquote, take money off the table. The point is, if you have the superior asset, it's going up forever, Lauren. Forever warm.
Forever warm.
Forever warm.
Yeah. You know, you're speaking like a crypto trader right now right like you know you're in zimbabwe
you think they would take money off the table right like maybe you've been maybe you're doing
it just to represent their interests but um i don't see the world that way. I think that Bitcoin is sound money. It's the technically superior asset class compared to the dollar, the euro, the peso, the bull of war, compared to a stock index, compared to gold, compared to silver, compared to everything you can conceivably buy. It is technically thermodynamically superior as an asset.
If you have the superior asset, it's going up forever, Laura.
Forever, Laura.
Forever, Laura.
Forever, Laura.
Forever, Laura.
Forever, Laura.
Forever, Laura.
Get up! For everyone, for everyone, for everyone, for everyone, for everyone, for everyone. so
so You said that you didn't buy the Bitcoin to sell it, but would MicroStrategy ever take
some off the table when you sense the market is at the top and then just buy in later when there's another correction or
do you just plan to hoddle through all the 80 percent down for interest yeah yeah i just disagree
with your characterization i don't expect an 80 downturn i don't think it's a speculative asset
i don't think you can you can quote unquote take money off the table the point is if
you have the superior asset it's going up forever
forever Yeah!
Yeah. yeah
you know you're speaking like a crypto trader right now right you know in Zimbabwe you think they would take money off the table right
like maybe you've been maybe you're doing it just to represent their interest but I don't see the
world that way I think the Bitcoin is sound money it's the technically superior asset class compared to the dollar the euro the peso the bolivar compared to a stock index
GM GM everybody welcome to another episode of Deep Space Line Today we have a hat panel
and we do have a Neonidas
joining us in the very near future.
He just messaged me to say he's running a bit late.
So he will be joining then.
We're going to shuffle the show around a little bit
and we'll touch on some of the more
dog focus and the exciting
announcements that we've got on that end
a little bit later on in the show. But yeah, you know, we've got on that end a little bit later on in the
show. But yeah, you know, we've got lots of output to share today, lots of really exciting
updates about Brewmine and some amazing guests. So let me introduce my partner here, Zeke.
He will be the host for this show and moving forward. How's it going, Zeke? We've got Bitcoin breaking out to almost $108,000.
Things are looking pretty positive here.
RuneShot coming tomorrow.
Bitcoin's pumping, man.
It's always a good day when Bitcoin's pumping.
That's for sure.
It's a nice thing to wake up to today.
Yeah, man.
Yeah, man. Yeah, no no i'm doing good bro um yeah it's a heavy week last week and i think this one's going to be the same putting in the hours all of us
trying to make this happen it's uh yeah we're getting there right i think i think we're just
about there i think everyone's aligned i think all the teams you've got on today are kind of ready to
ready to get rolling and that is why we're here, of course, to start sharing this
all with you. So as Jeff mentioned, we have got Leo running a little bit late. So the initial flow
will kind of need to be adjusted on the fly, but that's cool. Just bear with us. We've got a ton
to cover. We might just be jumping around a little bit at first and just kind of covering some of the
non-dog related stuff at first. And we'll kind of circle back and touch on that a little bit later
yeah it's been a insane couple of weeks on our end uh basically eating working and sleeping
um and not in that order as well
cigarettes and coffee have become cigarettes and coffee yeah
but with that being said uh let's uh let some of the guests introduce themselves uh we've got
shizzy from on chain revolution today how's it going shizzy mate yo what's up guys good man good
it's a great day you know just like you guys
said bitcoin almost at 108. you got dog moving up right it's a it's a really really good day to be
to be in crypto finally right after after a couple really tough months uh i mean almost a year of a
bear market really uh you know with that with uh maybe minus november but i'm i'm ready man i'm
ready for excitement i'm ready for the space as. I'm really excited for you guys are building with RuneChat.
Yeah, thanks, man.
We're excited too.
We're stoked to have you on.
I know Jeff's been on a few of your podcasts in the past.
So anyone who doesn't know, yeah,
go and check out Siti's podcast.
He does it with his friend, Yagobi.
It's a sick one.
They're definitely assets to the space,
you know, supporting teams that are trying to make something happen
in the space.
So thanks for showing up, man.
Yeah, thanks for having me on so many of your shows already.
I'm sure we'll be doing more soon.
So I believe Black Dragon,
we have Ryan's behind the mic today.
How's it going, bro?
Hello, hello, GM, GM, sir.
So excited for launch day, excited for Bitcoin pumping.
So for those that don't know about us,
we are technically the top main point on Nier,
but we look at ourselves as more of the cultural layer and a sandbox.
So building community and bringing context to a lot of these tools and ideas.
So again, really excited to being able to work
with RuneShop beyond the space
and bring Bitcoin to the near.
Yeah, and it's been a pleasure working with you guys so far.
You know, again, I'd say this,
every single space I'm on,
the near space and kind of the builders and the developers and people pushing the space forward have been so
accommodating to us. And, you know, it's just really cool to work with a bunch of people that
are super keen for what we're building, super keen to work with us and, you know, collaborate
on moving things forwards at this point, you know, which I think leads perfectly on.
We have Escobar here from Rea Finance.
How's it going Escobar?
Do you want to give a little intro, what you guys do?
Yeah, thank you, Jeff.
Pretty good, pretty excited for the launch.
Pretty excited for the rune shot coming to NIR.
We are the biggest techs and landing on top of NIR and also the oldest as well.
Previous, Refinance and Boro Finance.
So right now it's all about Bitcoin for us as well, aligning with what
Runeshot is doing.
And for anyone that doesn't already know, although I'm sure we've been banging
on about it enough, RIA are our liquidity solution that we have integrated from the
near space.
So as soon as tokens reach their bonding curve or new tokens get bridged over into the near
ecosystem, they'll not only be tradable directly through the room shop platform with
all of the account and chain abstraction you know just trade the btc against your dog and
you don't even need to know what's going on in the back end but at the same time for near natives
for community members that want a little bit more functionality and add to really kind of explore
the near ecosystem and everything will then also be tradable on rear finance as well
and this is this is kind of really where we see the power of what we're doing here like
near is such a perfect uh block for uh abstraction yeah so we can remove the complications of wallets
the complications of change the complications of gas and enable btc users to interact with that in
a real native and streamlined feeling way.
But at the same time, we don't exclude everyone else.
And, you know, we're super excited.
I think we'll touch on a bit later, but we've got some cool DeFi stuff coming to DOG when
it launches on NIR.
And, you know, it's just everything else that we can kind of add in on top of this.
So it's MIM coins, it's De5 um it's cross chain and it's everything
you need kind of to get going no matter what block pen you're from or or what level you're at in in
crypto space or just what what interests you the most you know um so yeah you know i think i've
stolen your intros enough here zeke uh i'll pass it back on over to you to kind of uh start the
space uh it's all good mate it's
a team effort I guess I'll just quickly take the opportunity to and I mean I know Leo's not here
yet but for most people in the room space obviously Leo doesn't need much of an introduction but
for anyone who is new to Rune Space that's here today coming perhaps from the near side
I will just give him a quick intro Leo is the founder of of runestones the messiah to all things dog the leader of the
three armies of dog whatever you want to call him arguably the most successful community initiative
of the past year definitely within the rune space um he spearheaded a large-scale airdrop of the dog
token to everyone holding a runestone back in the early days of runes and that dog go to the moon
rune will be something
that we're holding very close to mind with this build for rune shot.
And we'll touch on that in a little bit.
So, and the other thing as well, just before we move on, guys,
I just want to give, yeah, honourable mentions to all of you
for the work that you guys have done in laying the groundwork
to make all of this possible.
Obviously, yeah, it's like without you guys doing what you've done,
you know, it's, you know guys doing what you've done you know it's uh
you know it makes it easy for us to believe that what we're doing is worth doing and all the hours
we're putting in is is needed and necessary for the space so yeah i'll just uh throw a quick thank
you to all of you um and then i mean jeff we we might as well man just hop right into rune shot
if if that's where you want to go with this.
Why don't we just begin talking about, again, for people that weren't here last week and people that aren't too familiar, what is RuneShot?
What are we doing? How does it work? Just talk about that as much as you want.
Yeah, sure.
RuneShot is really, we obviously started building in the Rune space quite a while ago now.
And Shizzy and some of the other kind of really Bitcoin natives among us will know the friction and the troubles that have been somewhat holding back the space. You know, Bitcoin has its functions and its features.
And some people might call parts of it bugs but that is what bitcoin is
we have slow block times we have um you know high transaction fees relatively but that is kind of
just a function of bitcoin we've all been working really hard to develop something natively on the
l1 you know we built our own uh decentralized indexer we have a screener portfolio manager
wallet tracker we have a bunch of tooling on the L1.
But there's kind of, in our eyes, there's no getting around with the fact that the L1 has a limited use case.
That doesn't mean that that use case is bad.
We're big, big proprietors of everything happening on the L1.
We have a Nexus.swap liquidity pool on the l1 for our mind for our mine room and we really believe that
like advancing the technology in in the l1 is super super important but at the same time you
are always going to limit an amount of users with with a limited amount of functionality speed
transactions and throughput so we believe that there's a combination here that we can have of
the l1 and also utilizing
these existing blockchains.
We're also very bullish on Bitcoin L2 space and everything that's happening there.
But right now to us, there are already these amazing blockchains that have huge user bases,
loads of TVL, loads of volume going through them.
And we want to utilize these.
We first did our runes to Solana Bridge, enabling people to trade the assets on that side much cheaper.
But now we're coming to the launch of Runeshot.
And Runeshot is the most account and chain-distracted
token-launching and trading platform for Bitcoin runes.
And what this means is you're going to be able to come on.
The site is going to create an account for you.
The only thing you're going to be asked to do
is to deposit BTC into that account.
You can do this in two ways.
You can actually generate a deposit address
to send BTC to from the L1.
And by doing it in this way, we enable people,
it doesn't matter if you use X-First or Unisat
or whatever wallet it is,
you simply send BTC to the deposit address.
We deal with everything on the back end and those funds arrive in your wallet in about 20 to 30
minutes, two to three blocks. The other option right now is to deposit BTC on NIR directly into
your account. Both of them work and in the near future, we're going to be having Solana Bitcoin
deposits and also Tom Bitcoin deposits. And then, you know, we're going to be having Solana Bitcoin deposits and also Tom Bitcoin deposits.
And then, you know, we're just going to kind of continue to expand this.
So users can come from any angle.
And next up, you know, we have token launching and creation.
So this is actually creating a RUNES token powered by the NIR blockchain.
And, you know, all transactions are running from NIR, enabling us to these fast, cheap, bonding curve launches to really give tokens
some escape velocity.
We have them in function,
which was really great for building community on Bitcoin,
but it didn't really kind of give that fire
and that excitement that happens that we saw,
with pump.fun and everywhere else.
But we didn't want to just stop and create
a pump.fun clone.
That's never really been our sole objective so whilst we've been developing this um on on the bonding
curve launch side um which you know just your gas fee is bitcoin and your wallet is you know you
don't need to download and install in your wallet uh you just deposit Bitcoin and you can trade. On top of that, we've enabled OG rooms
to be deposited into RoomShot and into Ria,
opening up these markets.
And this is the way that we find that you can kind of have
these more degenerate token launches and excitement,
and bring some interest to the space,
but then at the same time,
continue to build out our cross chain infrastructure continue our mission to take rooms everywhere and you know we
believe rooms to be the ultimate asset if you're going to have an asset why would you not have it
created and born of bitcoin and then enable it to be utilized in different uh blockchains for
different purposes or to be utilized back on the L1. So, you know,
we're kind of coming at this with a two-pronged approach, as we quite often do, where we're
enabling it for the DGens, and then we're also enabling it for the people that are kind of
seeing the cross-chain future and, you know, maybe they are near natives and they want to come and
experience trade gold, but they don't want to go to the L1. They don't want to go to Solana.
So that's kind of really what RoomShot is in a nutshell.
I will be doing a live stream with Nir at half past the next hour, because I know everyone's in different time zones.
So about an hour and 10 minutes from here, I'll be on a live stream with Nir, and we'll actually be showcasing the site.
We've gone for a real nostalgic internet theme,
keeping everything simple,
but making everything enjoyable and fun at the same time.
So super excited to share that.
If anyone wants to join afterwards,
just keep an eye on our timeline,
and we'll be sharing the link
to the live stream straight after.
And then yeah, you know,
RoomShot goes to launch tomorrow evening.
Again, in about 24 hours from from now maybe an hour or 22 hours
or so from now we'll be announcing the time tomorrow morning um but we're super excited man
you know we've got people from the bitcoin ecosystem people from the near ecosystem even
like some of our community from the salon ecosystem that want to play with room shot even though they
they never quite could transition over to the bitcoin l1 well now they're coming over to net so you know we're really kind of plugging all of these
different ecosystems into each other with bitcoin and bitcoin assets as that foundational layer at
the bottom um and you know that's that's been our mission from day one and we're super excited to be
actually seeing this come to fruition with from the last eight months of work on RoomShop.
Yeah, that was awesome. Thanks, man.
Yeah, I mean, as you say, it's been eight months of work
and it's been a good fun time and I really can't wait,
but maybe just a little bit of context
to kind of how we got here.
So, you know, I guess we can all agree
like the past year has been pretty pivotal in
the history of Bitcoin you know not just like you know institutional adoption those kinds of things
but obviously having the rise of meme coins and runes on Bitcoin that opening up this kind of
fun degenerate sector where we can kind of have fun on the chain again um you know at least in
the short term like much like NFTs I suppose it seemed to have all begun with this kind of
silliness and playfulness, which is great.
And I think it's actually really important in the infancy.
But, you know, naturally we can expect that to mature over time.
And I think that's what we're starting to see now.
You know, the likes of Liquidium and ourselves,
like obviously we do work alongside a lot of the meme side of stuff
and that has been our large focus.
But, you know, that's not to belittle the power of these meme coins
community formation that they have already had i know rhymes you touched on this quite elegantly
last week and um you know and then obviously there's dog which is an absolute powerhouse and
arguably the largest and most successful social movement to come out of bitcoin this past year
um again props to black dragon for doing the same over a near and all the excess they've had there
as well so um and then of course you know with our own rune now mine mine mine it's kind of at least for
ourselves moving away from um having our own meme as such towards a more um cornerstone rune of
runes interruptibility at least that's our vision um so that's now available on dot swap's nexus
pool so you can head over there and check that out also and yeah I mean I guess where we're
at with RuneMind at least now is the value proposition that we see is aligning these
communities with each other and providing the infrastructure now to usher in the next wave of
growth and Bitcoin DeFi and start unlocking these tools that other chains have had so readily
whereas Bitcoin's kind of just getting them now see that's kind of how we've got to where we're at now,
just as a little bit of background before we move forward.
So with all of that said, we've...
Sorry, yeah, jump in, man.
Yeah, I was just going to say,
maybe we chuck this over to Shizzy
and he can just kind of give a little bit more
on what it's been like being in the Bitcoin space. maybe we chuck this over to shizzy and he can just kind of uh give a little bit more on you know
what it's been like being in the bitcoin space and you know hopefully uh he has kind of like
this shared experience that we've all seen like the growth but the kind of stunted growth and
you know just get just get shizzy's kind of uh input on this but yeah that'd be awesome
yeah 100 guys um yeah so i've been in the bitcoin space since uh i want
to say april or or march of 2023 um you know i got dumped on when i first entered by everyone
who got in in january and february which was it was fine it was a nice uh nice learning lesson
and then the summer uh was very boring right very boring you know i was buying uh assets i was buying
track bitmaps and a whole bunch of other cool stuff
You know they had no idea that it was gonna explode in September and it did September November
Was absolutely insane BRC 20s ran hard. It was absolutely
amazing, right fast forward to
January February a new thing was go popping up called runes, right? Um, you know, we're doing this pre rune season
It was absolutely
like phenomenal right um and then uh you know we get we get into pre-runes and everything's flying
everything everyone's making money airdrops crazy i got you know it was one month where i got like
25 000 in airdrops thank you leo i think you know what i mean it was absolutely awesome and then r6
and so much and then you know runes dropped april 19th of 2024
and it seems like it was you know uh going to be an insane summer and just absolutely bad it's been
a year-long bear market since april 1924 with like i said with the exception of november um you know
no excitement whatsoever so many people left i mean it is like a ghost town right now except for the doll community and except for like the builders right the builders are you know
where we kind of are are you know pushing our show right now because these guys are here these guys
have been building for a long time we've got to support the bitcoin builders because that's all
we have at the end of the day and to to go on that so now we're entering a time again where i think
it's about to get really really bullish and i say that for a lot of reasons, but really it's just like the spark of DAWG in the recent two months.
I mean, my entire timeline is just DAWG.
If you want to tweet to do well, hashtag DAWG.
The DAWG community is one of the strongest I've ever seen in my entire life.
I mean, I've been in crypto now since early, early 2020, and i've never seen anything like dog and it's
absolutely amazing and this is what i see that sparks the entire ecosystem i think everyone
gets behind dog we ride this this dog uh up until you know good times you know billion two billion
three billion i think that's when the entire ecosystem really comes out and that's why i
think builders feel safe to drop their project because right now you're seeing like a lot of
builders not want to push stuff out right now it's just it's just not it's just not what they want to do because um
you know it's no one wants their project to drop no one no one wants their project to do terrible
and that's what you're kind of saying right now we need we need a good a good zone and i think
we're about to enter that yeah man you know i i agree in so many different places and i think i think
i know like my understanding has been the uh casey dropped this kind of room spec yeah and there was
all this ideation of what it could be and what could happen and it was only really the reality
check that when when the protocol actually dropped there was basically nothing built.
Everyone had been so hyped and so keen for this that when it came to the actual experience,
once it had launched, there was just not very much you could do.
The user experience wasn't great.
Specifically, when it came to the wallets, lots of the wallets hadn't aligned on a lot of the standards and stuff.
Sometimes, your wallet was using a different address,
whether it was your tap through or your Segway address.
And this was like a whole level of level of confusion
from people who were already trying to get used to Bitcoin block explorers
and following UTHO transactions.
So, you know, like Bitcoin is not easy in that sense,
but there was kind of a real lack of cohesion and, you know, arguably a lack of kind of any material projects that could capture
user engagements. And essentially, there was obviously projects that had built and had developed
stuff, but it was just very difficult to kind of keep the attention and the hype that we ran into
that. And, you know, arguably Dog R, one of the only communities that have really kind of managed to come out the other side of that, rallied stronger
and harder. And, you know, the price is still not where it was at certain points during that time.
But I think the community has certainly grown over that time. And, you know, it really just
kind of goes to show like that is the power of meme coins. And, you know, it really just kind of goes to show like that is the power of meme coins.
And, you know, more like when we start looking to the future, I think it's kind of like more like community tokens, community involvement.
And even though the space has been very quiet, price has been quite subdued.
From every metric I can see, the dog army only gets bigger and only moves forward.
And, you know, we all know that there's the Kraken listing coming up very soon. the dog army only gets bigger and only moves forwards.
And we all know that there's the Kraken listing coming up very soon.
And this can be the spark that really ignites the user base.
And at the same time, all of us builders have been on the back end,
improving that user experience, developing new technology,
and kind of really pushing everything forwards to enable this kind of
explosion of users to actually translate and keep them in.
And, you know, that's very much what we're focused on with RuneShot and expanding into the near space.
And, you know, I think this would be a great time to kind of hand over to Rhymes again
and just get your kind of take on like how community and minkins can really be that
that spark the kind of ignite a chain um and push everything forwards from there
well i think you i think you said it really well i was over there kind of checking boxes in my head
as you as you were going on but looking at ourselves as a community token and a community asset to a gang, like it's hard to even put it
in better words than you did, but to be able to unite the community,
one of our mantras from the beginning has been
near for Gaspi's, black dragon for everything else.
And to some people, it was just something very cheeky.
But for us, it was very much a North Star.
And how do we, if these tokens are going to exist, how can we provide the greatest example for that?
And for a long time, we've wanted to represent all the different possibilities with chain abstraction.
And looking as we've started working with you guys and others and just being able to kind of ideate on what that can look like.
Those are those are things that really excite me. And I'm just a very big believer in being able to live by example.
And I'll sound like a broken record more times than not. But context is really the the operative word here.
And that's something that I think
we'll be able to have a lot of fun with.
And again, memes are a very evolving
and misunderstood, I think, asset.
And there's a lot of reasons for that,
but it's really just a matter of how you frame it
and the way that you present things.
And with Black Dragon being so emblematic of NIR itself
and being representative of that cultural layer,
we look at ourselves as having a huge responsibility
to be able to represent NIR in the best way.
And the best way that we know how to do that
is to try to create as many different use cases
and reasons for the token to exist
and to be able to use as possible.
And even looking at things like Bitcoin,
like no one wants to spend their Bitcoin,
but we could spend some Black Dragon.
Yeah, man.
And you know, we've been, again,
this community aspect, everything else has been super great for ourselves. You've obviously been helping us kind of get the word out to the near community, to your followers and everyone else. I think we've been clicking on something a little bit, even more entwined than that, haven't we? I don't know if you might have a little bit of a juicy you can share with us there.
Sounds like a perfect segue.
Is that an alpha alert?
I think that's an alpha alert.
All right, Legal, don't listen to this one.
What's that?
Did you want to take that or was that for me to drop the bombs?
I was going to let you do it and
you know uh let me let me lead you in we've been cooking on something special with the guys from
light dragons really emphasize things maybe you can share a bit more rose yeah so um going back
to kind of the entire uh soapbox previously is we want to be able to represent the different things that NIR can do.
And a large part of that is working with different partners to be able to be that example of chain
abstraction and to be as interoperable as possible. So through the workings of RuneShot and the RuneMine team.
There may or may not be some further context in case studies
that may be launched sometime very soon.
And there might even be a launch party tomorrow
to celebrate RuneShot's launch and the mine, mine, mine.
And it might just be a little bit more alpha to be dropped there.
And, I mean, who knows?
I can't say.
I'm not in charge.
I think the launch party is definitely on the card still.
Everything's been very, very hectic,
but we would love to be running one of them with you guys.
I know we've also spoken to about it with Shizia guys,
and hopefully we can have a couple of these launch parties
going on for the different ecosystems.
And, you know, if you're all lucky enough,
you might just get a little special extra launch
in your launch party tomorrow,
or maybe in the next couple of days.
Well, let's see how things pan out from here.
But yeah, you know, I think...
Where do we move on from here, Zeke?
What's the ticker, Jeff?
We can't say.
It's a secret.
It's a secret.
Where do we move on?
I mean, as we said at the start of this space,
the plan was to kind of start touching on the dog stuff,
but we're still waiting on Leo.
We do want to wait for him.
So, I mean, Jeff, maybe we can speak a little bit about our rune, about mine.
Where does mine come into all of this?
Where does this fit in?
I know people had a lot of questions last week around what our plans are
for the mine token, the rune, and the SPL.
So if there's any light you can shed on that,
I'm sure there's a few people in this room right now
wondering where that fits into all of this.
Yeah, sure.
And I think this has been some kind of confusion
for the different communities.
So we initially launched mine as a SPL on Solana.
And it has then been bridged over to Bitcoin L1
as mine, mine, mine.
And it is now actually being bridged over onto NIR
as mine, mine, mine again on NIR.
So we kind of see the mine token
as like the lifeblood of RuneMine.
We're going to be doing 80% of the fees generated from RuneShot over the next two
weeks as buybacks onto the mine token. We wanted to kind of integrate this in an early way. We're
constantly launching and developing more products. We've got more bridge integrations and all sorts
coming in the future, but we wanted to really kind of tie the mine token into everything as we go.
So not only that, but we'll also be boosting
the staking rewards on the Solana side.
So if you're already locked into that pool,
you should be seeing your APIs grow
as we generate more fees from the platform.
And at the same time,
we're going to be putting this direct buy pressure
actually on the buy.
We're going to be funding these tokens with direct buy pressure on uh the token and this will be
reducing down to about 20 in future that's the plan is to kind of keep it to 20 but for now we
wanted to kind of really bring some hype and bring some energy around everything that has been built
and you know kind of push things uh push things on every angle And the way we see this in the future is like
by having this token available to each of these different ecosystems
and activated on our bridges,
it means that we're able to transfer value between.
And as liquidity rises and hopefully we become this token
on each of these different chains,
the idea is that mine may actually become one of the easiest tokens
to transfer between Bitcoin L1 and any of these other chains.
So we're super excited about that.
And, you know, super excited to be going live on NIR.
And, you know, I think this is probably a great time to segue over to S2R
because I appreciate we haven't given you any time yet.
But, yeah, you know, mine, mine, mine, mine will be tradable on RuneShot and also Rear Finance.
I think we're going to be looking to do some other DeFi inventives with it.
And maybe Eskabar, you can kind of touch on some of the things that you guys have recently launched with ReaFinance and these abilities for us to plug runes into this expanding near DeFi ecosystem.
Yeah, hi. Sure. So as we all know, ReaFinance is also the team that built Satoshi protocol that
behind the rune shots,
supporting rune shots on the technical side as well
to enable user using this Bitcoin directly trading their runes.
And then all the runes, LP will be deployed
on top of RIA, on top of NIR,
that also enable user to easily trade runes token
without any conditions.
It's very fast and, well, it's also aligned with the NIRs
tech stack itself on how fast it is.
And it also enable, like Jeff mentioned previously,
we have tried to do a single Bitcoin wallet connect
to let users trade their assets directly with their Bitcoin wallet.
But then the approach that's been done is a little bit different with the deposit function.
It's even easier and faster right now.
But on top of that, we're also going to utilize NBTC as part of the pair of the runes token.
pair of the runes token um so every experience supposed to be btc native um starting with nbtc
So every experience is supposed to be BTC native.
and it will be uh uh changing slowly to um just btc no more synthetic and so on um on top of uh
ria i think there's a couple plans on having a this uh a new uh runes token token that will be deployed on near soon to runeshot support.
And that will be incentivized, crazy incentive will be deployed for these assets,
especially rooting to RIAs TGE.
We have been throwing some points and I've been working closely with Jeff for some time,
I think since like 18
months ago and supporting each other on the Bitcoin space.
And even back in the days, we have a lot of runes projects, but apparently only runes
mine is still here and focus on runes.
So yeah, we are very bullish from the real side.
So yeah, we are very bullish on Maria's side.
Yeah, and you know, there's, I think we were trying to save it for Leonidas' appearance,
but maybe we can, oh, there we go, funnily enough, we've now got Leo on stage.
GM, Leo, how's it going mate gm guys hope everyone's doing well very excited for this morning i'm
know i'm showing up slightly late here but uh yeah very very excited to chat
obviously about uh you know rune shot which is very very exciting but the
kind of initial support of og runes right off the bat,
I'm super excited about this.
And obviously getting dog just in another environment where people can just
trade it super frictionlessly.
You guys obviously did this and unlocked Solana for dog,
which has been huge.
And I think the dog army owes you guys a huge thank you for that,
for, you know,
implementing that piece of infrastructure a few months ago to kind of kick
off operation dog domination. And I'm excited to just continue this. Thank you for that, for implementing that piece of infrastructure a few months ago to kind of kick off Operation Dog Domination.
And I'm excited to just continue this.
So I'm here to help answer any questions and chat about this a little bit.
And I'm just, again, thankful for the work you guys are doing.
All good, man.
And, you know, this has been our mission for a long time is to kind of make rooms accessible
and usable to people from every different ecosystem, regardless.
And, you know, with the intention that over time they learn and understand more about rooms, utilize them more on the L1 and everything else.
So I think probably time here to actually drop the alpha because Estabar was certainly touching on it before.
But yeah, we have been working in collaboration with Nia Foundation and Rear Finance.
And we will actually be deploying an initial liquidity pool for DOG, which means DOG will now be tradable on RoomShot and on Rear Finance and across the Nia ecosystem from day one.
on Rea Finance and across the NIR ecosystem from day one.
So, you know, this is an initial LP
and what we're really here to kind of encourage
is more community to come over.
You know, there's lots of chains out there
and lots of different places,
but we really need the kind of the dog army to come
and show themselves on NIR as well.
To incentivize this, of course,
we're not expecting everyone just to show up
of their own accord. We've actually been working on a bunch of incentives. So Rea Finance will
be doubling the Rea points for their upcoming airdrop on the dog pool. NIR Foundation have
deployed a quite considerable amount of NIR for liquidity providers and RuinMiner also dropping
mine incentives on the pool. So any user that comes over, Deployed's LP will be earning Ria
points, mine tokens and near tokens on top of the trading fees that you normally earn from the LPs.
and near tokens on top of the trading fees that you normally own from the LPs.
And then even more than that, RIA also has currently RIA points for trading assets in
the pools, which again, you know, dog will be included and they have an upcoming trading
competition. So whether you are an LPR or a trader, there's a bunch of incentives going on.
We're going to drop all of this in full details at some point after the show today.
And we're also going to be working on a full LP tutorial because, you know, actually getting
your funds into these pools is something that we want to kind of really make as simple and
as easy for everyone.
So we're going to be producing a bunch of content and and sharing that i think tomorrow for the lps so if you're
interested uh make sure to keep your eyes out for that and we'll drop that nice and early tomorrow
so that people can uh deploy lp and get in and earn those incentives as they go how does that
sound to you dino yeah look, I'm super excited for this.
Yeah, I think, you know, we've been through this before.
Like, we launched on Solana.
Like I said, you guys provide that piece of infrastructure, the bridge for the soul dog.
And, yeah, I'm just excited to basically do this again.
Like, the near blockchain is obviously very exciting, and there's a big ecosystem there.
And I think, look, you guys know what you're doing.
Like, we've got the Nier Foundation on board with this.
We've got this top deck on Nier supporting this.
And I'm just excited to, you know, hopefully start bootstrapping some liquidity, like always.
hopefully start bootstrapping some liquidity like always like we gotta come in here and get
people to you know basically add that initial liquidity which you guys are helping with
and then hopefully people can kind of yield farm and work with some of these incentives that are
going on and hopefully that can attract some more people to add some liquidity because i think it's
important like you basically need attention and liquidity that's what i have kind of come to realize you know there's a handful of places that
can be traded dog can be traded now centralized exchanges l2s other chains dexes i like to say
dexes are the new sexes so i'm i'm very excited in general for this trend of just like keeping
things on shade and and uh embracing the kind of new on
chain innovations going on.
Like just the, what I see happening with like hyper liquid, you know, what we're doing
on Salada, like these things get me super excited and I'm just pumped to kind of further
double down on this.
So yeah, maybe, could you like share, I think we're going to do fine with, um, you know,
attention and liquidity, but can we maybe talk
just a little bit more specifics on like why you know i'm somebody who holds some dog maybe i have
some bitcoin as well why would i want to add liquidity like why what specifically tomorrow
like can i gain by adding liquidity and why should should I add liquidity? Yeah, sure thing. So there's a couple of things there. And I just saw Esquire's hand go up a
minute ago. So we'll get over to what I think you're talking about there. But yeah, you know,
if you are a dog army and a dog member, by providing liquidity, you are helping this whole
space grow. And, you know lots there's lots of talk about um
impermanent loss when it comes to uh providing liquidity and this is very much something that
users have to be aware of i just see it slightly differently to others so so the argument is if
you're all in on dog you're not holding anything else and you provide dog btc liquidity then you
will actually um lose an amount
of your potential earnings
than if you just held the dog on its own,
because as the dog price goes up,
it can transfer into Bitcoin.
But for people that maybe are looking for a reason
to hold some more dog,
looking for a more kind of stable
and long-term yield farming strategy,
this can actually be really great
because you can buy some additional
dog knowing that over time you're actually going to end up with slightly more bitcoin and slightly
less dog and so this really kind of adds an alternative strategy for users to get um get
involved gives you a great excuse to go buy some more dog in the meantime and at the same time you
know uh in in the short term,
especially at the beginning with all of these incentives we have going,
you should be way outperforming any kind of impermanent loss.
So, you know, there's a really good opportunity to earn some great yields at the beginning.
But then when you look at kind of the more long-term picture,
you know, if you've got a small bag of dog and you're relying on this as
kind of like your future uh your future get out key and you know lp providing is probably not for
you but if you're a huge whale and you have a huge bag of dog well we all know like especially on the
l1 and in in lower liquidity environments you can't just sell huge amounts of it one people
are potentially watching your wallets and if if you start selling, other people might start selling. Two, if you've
got another bit, you're actually going to dump the price of the token. Whereas if you provide that in
an LP and the token goes up over time, you will actually be slowly dollar cost averaging back out
and, you know, we're pairing everything with bitcoin here so um it's really like lp
providing is certainly a strategy if you get into it and you go down the route of like more
concentrated liquidity and stuff there's plenty of strategies around it to be more active but if
you want to be more of a passive long-term liquidity provider it can really offer a great
alternative to constantly monitoring your bags and trying to buy or sell whenever.
And just, you know, hold that LP for a couple of years, earn those fees and just know that there's a good chance you're going to end up with more Bitcoin and, you know, less dog, but a higher value down the line.
So, you know, that would really be kind of my selling point to people.
And, you know, if you really believe in it, then you're supporting the actual growth of the token at the same time.
Just leading on from there,
we actually have one more exciting thing for the Dog Army.
And we're just, the requirement is we've got to get this LP
to about $100,000, I believe.
Estuart, do you want to maybe kind of touch on the activation
that we'll be doing here?
Sure. In terms of having activation on the runes side, we have been thinking about this for some time together with Runeshot on how enabling user native experience on the runeses asset basically not just limited to lp right uh lp is
one of the options i mean it's one of the basic but then we also gonna open a huge margin trading
uh opportunity for for this room still coming coming to near uh true ria finance we have been
running that for uh most of the meme token on NIR.
And this will be applied for both EtherDoc and Mine token as well. So yeah, we have been running
BTC.RIA.Finance is part of the UI that we have been
focusing on only for Bitcoin native users.
There's no NIR part in it. why that we have been focusing on only for Bitcoin native users.
There's no NIR part in it. Yeah.
So yeah, just to reiterate that,
that is margin leverage trading dog on NIR.
This isn't something that will be integrated into RuneShot quite yet.
This is a RIA specific functionality
and potentially down the line,
we might try and bring it
into the full RuneShot experience.
But, you know, if you've got any dog
and you want to go kind of leverage trade,
RIA is going to be the place for you
once we get this LP up.
And yeah, you know,
we're just kind of bringing this
more functionality, more utility. And, you know, we're just kind of bringing this more functionality, more utility.
And, you know, I think another part of it, as I was explaining before, was you can actually deposit your dog tokens and earn a stable yield on that token, lending it out for this leverage trading so you know if um if you're a user with dog with a bag and you want to earn
some yield without the risk of impermanent loss and the complexities of liquidity providing you'll
actually be able to go over here and deposit dog and earn a yield from the uh the leverage fees
that other users are paying so you know we see this as a big activation uh are you ready for
leverage trading on dog leo i should say on chain leverage trading.
Am I going to leverage trade, Dog?
Is that the question?
Yeah, you're going to get involved.
Oh, so I'm probably not going to use this personally.
I definitely know there's some DJs out there who, you know, won't dog to go to the moon
even faster and we're probably going to try to leverage trade to do that.
I mean, I think it's an interesting tool and obviously we've seen these uh kind of like infamous kind of james
wind type situations and sometimes they work out sometimes they don't but yeah look for people
uh for people who get bored of you know maybe the chop you can always do things like this and make
it a little more exciting and i think um yeah look there's definitely people who like this and
who will appreciate
that there's an on-chain way to do this for runes now, which is pretty badass, right?
It's obviously something that exists in centralized exchanges.
And I think this is a kind of on-chain solution for this as well.
And I think there's definitely people who will benefit.
I'll just warn people to, you know, it's always the safest thing to just buy a whole dog.
But if this is, again, it's kind of like providing the liquidity, right?
It can be part of a diverse strategy for basically having exposure to the dog if you know what you're doing.
So as long as you know what you're doing, providing liquidity, trading perps, doing these sort of things, they can be part of a strategy.
Just make sure you
are aware of what you're doing um if this is something you've never done before i'd recommend not to do it yeah agreed i probably should have pre-posed that uh conversation with this uh
leverage trading is always risky when you've got a asset like dog which is community distributed
not being uh launched on a and not being listed
on any tier ones although we know that's coming with kraken very soon i i keep saying very soon
i'm hoping it's very soon and you know at the end of the day if you just buy a token like this
there's a very very good chance that it's going to outperform a lot of other stuff and you're going
to get some pretty outsizable returns yeah you
know crypto dgens are always looking for more but when you look at like the traditional markets and
stuff anything like this is an incredible bet and with with amazing returns anyway so you don't need
to go leverage trading and if you're you know if you're desperate and you're doing it kind of out of
a desperancy to to make make that huge 100X and stuff,
then it's probably quite a risky thing.
But if you've been in the space for a while
and you know what you're doing with leverage trading,
then it's great to have these tools at your disposal.
And that's what we're all about,
kind of giving people the tools,
but also giving them the education as well.
This is something that's built into RoomShot as well.
We've got bubble maps built in.
We've got dev tagging and names on all of the transfers that are happening.
So you can really see what's actually going on behind the background.
Don't get me wrong.
You know, RoomShot is, at the end of the day, the token launch inside of it.
It's quite a degenerate gambling game.
You know, it depends what people want to call gambling but realistically and but what we're trying to do is provide people with the
the education and the information so that they can have fun they can try and make money and but at
the same time you know not get rugs and not uh not get exit scammed on so uh that's something
that we've been really working on i thought um black Dragon, Rimes, if I hand over to you,
I'd be interested to get your take on kind of the near leverage trading scene.
And do you think we're going to see a bunch of near DGENs aping in there?
Man, I hope so.
I think that's one of the things that I've been biggest advocate for
is just more trading trading activity more opportunities uh
more different things to do on chain so being able to have the different uh liquidity pool
incentives but really especially leverage trading i mean that uh i think that is just a core uh
kind of value that this space has. And clearly, that is something that has been very fruitful
for chains like Hyperliquid and, you know, the centralized exchanges. So just, again,
being able to have more things to do on chain, I think is great. And looking forward to hopefully
a whole lot more activity. I unfortunately am like all the other DGens,
I don't have any Bitcoin.
So this is my opportunity to get in and play the game
and have a little bit more fun
with the granddaddy of them all.
Yeah, you know, time to get involved and make some Bitcoin.
You know, this is what we're really all here for in the long run is, you know, everything
is really a tool to have more Bitcoin behind you, have some fun whilst you're out.
You know, this is the reason we all love this is because it's exciting.
It's interesting.
There's a lot of kind of humor and entertainment when you're when you're in the trenches and you're with your DJ mates.
But also even just like when you look at parts and you look at all of these other communities and the roles they take on and the voices that I'm pretty sure they're all hearing in their heads.
i'm pretty sure they're all hearing in their heads like there's a lot of fun and excitement
Like there's a lot of fun and excitement.
and at the same time there's a lot of opportunity to make money be a part of the future of finance
and kind of like have this financial stability at the same time from this craziness and you know i
think this is what we're really trying to emphasize with room shot i think this is what rooms and uh
projects like a dog have kind of really proven you can be, like you can be this meme coin, but you can be way more than that.
You can be a culture and then that culture, I know there's a dog shop where you can pay for stuff in Dog.
There's, you know, obviously the events at Vegas that was lots of, you know, dog people coming together and people getting paid for all of these different things.
people getting paid for all of these different things.
So there's an economy that can be built around all of this stuff.
So there's an economy that can be built around all of this stuff.
I thought, Zeke, I thought you might want to kind of touch on this from your DGEN, Solana trading days
and, you know, just kind of seeing these tools come to the room space in one sense.
Yeah, well, I was just going to briefly build on what you guys have just said there, really.
I mean, it's, as you said, Ryan, it's just having the tooling there and available is a win you know and how many people want to use it in the early
days is fine you know typically people are kind of trepidatious especially when it comes to leverage
right um but you know i think having the tooling there and leading with a community like dog and
of course you know like black dragon having the leading communities from both near and on bitcoin
um we wouldn't have it any other way you know it's um you know if we do unlock it for dog when we unlock it for dog
i've no doubt that you know legacy runes will follow suit and eventually we'll be bridging in
all the other guys the pups the magic internet monies the billion dollar cats and everything
in between and uh who knows man like this this space has got
a lot of room to grow i think we can all agree and uh you know we might have djens leverage trading
all the different runes eventually so pray for them because i'm uh yeah i'm gonna have to try
and make sure that i'm not one of those people i'd like to say that i learned my lesson but jeff likes to remind me that i uh i'm the resident
room mind dj so um we'll see how we go with that one yeah yeah i think that's a really good point
to touch on here as well and you know this is open to all rooms we you know we focus our energy here
as i think kind of a lot of uh the rooms ecosystem have on dog we will kind of uh we've focused our energy here, as I think kind of a lot of the rooms ecosystem have on dog.
We've all kind of, we've got our hopes and dreams pegged on you, Leo.
And, you know, with this cracking list and everything else, we see this as kind of like the real activation that can boost our whole space into just a little bit more mindshare and a little bit more, you know, focus from the outside world.
you've got everything riding on you,
Leo there,
but at the same time,
if anyone's from the billion dollar cat community,
pups community,
the magic internet wizards,
give us a shout.
If you want to,
if you want to join the room shot,
the room shot platform and get exposure to near, we can get you guys bridged over as well.
And we can get you trading over there.
So absolutely give us a shout and we'll get everything set up for you.
This will be permissionless at some point, you know, along with our Swan Bridge and everything else.
We have actually built out the infrastructure to make this permissionless but we're just keeping these rollouts until we know that they make sense
and they don't confuse community members and people don't kind of take advantage of it.
But as we move forwards everything is becoming more and more permissionless and decentralized so
you know just bear that in mind. But yeah any any questions any remarks you think from your end
of the dog community anything else we should be letting them know at this point
no you know i guess people probably just want to know like just specifics like what time tomorrow
like when can people expect to basically start using the bridge, start trading, start using
When do these things go live?
Yeah, of course.
So we are still working on just aligning all of the last little bit.
I believe we're looking at about 2, 3 p.m. UTC to try and hit over in the east here where
I am and also in the west in America.
So that's uh roughly
about nine a similar time to now so around 9 a.m est as well as um you know in uh china in hong kong
and vietnam about nine nine ten p.m um so that's that's the plan. We will be announcing this early on tomorrow.
So there will be an announcement with an exact time.
We are also working on tutorials
and liquidity provision resources.
So alongside the actual time announcement,
we will be releasing all of the information that users need.
And just a reminder, you weren't here before, Leo,
I will be on a space,
I will be on a live stream with Nier in 30 minutes.
We've just moved it back.
And I will be going over a full breakdown of the website,
how the wallet creation system works,
showing users how to trade and everything like that.
So if you're around with 30 minutes
and anyone fancies jumping on,
it'll be streaming live on Nier Foundation's page,
the Nier Protocol's page,
as well as I believe our own page.
And you know, you get a first glimpse of the site
and we'll walk you through it.
And, you know, I'm really looking forward
to showing everyone just how simple it is
to utilize RuneShot.
You know, this has been built
so that anyone can come along
if you own Bitcoin and deposit it.
And even if you know nothing about crypto,
but you have a friend that has a bit of Bitcoin,
you can send them your deposit address.
They can send you the Bitcoin and that's it.
That is literally all you will need to interact with our platform.
So, you know, this really is as wallet and chain abstracted
as we could possibly make it for people.
And yeah, you know, looking forward to getting some Bitcoin DGens,
trading and having fun.
And just to add on to that as well, in the spirit of simplifying,
all of this is soon going to be available in the Telegram mini app.
We haven't had a lot of time to touch on that today
because obviously this has been a RuneShop web app focus space space but our quests and referrals are live in the telegram mini app so you can head
over to our timeline or our discord or our telegram and you can find links to that and you can begin
earning xp and there's going to be leaderboards and as i say get your referral codes running and
uh that will be early access and further rewards of mine and a few other things that we're playing
around with as well so definitely go and check that out all of the functionality of runeshot
in the very very short term is going to be available without even having to leave telegram
so that's pretty cool as well that was our last week's space we focused heavily on that
yeah that's a great point if anyone uh you know this is news to you by all means go back check
out last week's space we touched on a lot of the information there with the guys circus that they're building out this mini app with um and
you know as as he said this goes a whole nother level back where um the the wallet creation will
actually be coming from your telegram account so that is all you will ever need to log in create
and create an account on the room shot uh bot which is what we're calling the Telegram mini-app.
And as time goes on, we're currently working on plugging RoomShot and Rhea in for the trading.
But following this, we will also be integrating Savannah liquidity pools and everything else.
So the mini-app is actually where we're going to be kind of focusing a lot of our time on the back end of Roomshop, plus the like three bridge integrations we have ready to go in the EVM and Bitcoin L2 space.
But once we've got all of that out, we're then going to be integrating more and more networks and more and more places to actually trade Bitcoin assets. So if your asset is on Bitcoin L1, Solana, NIR,
or in future, Tron, Ton, any of these other chains,
this is gonna be the one-stop shop
where we keep plugging these liquidity sources into
and abstract everything away from the user.
And you know, NIR's brilliant.
This we're actually utilizing NIR to enable us
to connect to Solana and run um
and run these trades through everything on there and you know through the chain signatures and and
uh metatransactions and everything else that near enables us to do it actually enables us to interact
with solana and other blockchains so you know big shout out to ICB in the crowd here, Proximity Labs and everyone that's been developing over on the NIR side.
This is really cool tech and it's not, you know, centrally focused just on NIR.
Like the abilities we get with NIR open up a whole cross-chain world.
And that's really kind of what drew us to NIR in the first place.
You know, they've not been developing this just for themselves,
but to enable people that interact with Nier to then interact
with all these other blockchains.
And, you know, the possibilities only really expand from here.
So big shout out to all of the developers that have been building for years on Nier
and, you know, maybe not quite getting the users and the attention
they deserved.
And, you know, that's what we're here to do.
We're here to bring the hype, bring the users and merge these two really cool tech stacks together from the room side and from
the near side. But yeah, I think that's probably bringing us close to the end of the show.
Yeah, I think we're running overtime now, aren't we?
Yes. Luckily, my space got moved back i just if anyone did have any questions in
the crowd and they wanted to throw their hand up really quickly uh we'll certainly make sure to get
to you guys um zeke i don't know if you had any kind of final thoughts on on all of this no no
final thoughts um just beside thanking everyone for showing up, thanking everyone for being a part of the Bitcoin ecosystem.
This is a rising tide lifts all boats kind of scenario.
Leo, obviously props to you, man.
Keep fighting the good fight.
It's you do a service to the space and thank you for stopping by
and giving us your thoughts.
I feel like a few of our other speakers have dropped out,
but that's absolutely okay.
Thank you to everyone who came in today.
And we will be doing a Deep Space Mine episode four next week.
So keep an eye on the timeline.
As I said, head over to that mini app,
grab your referrals, spread the word,
start earning some XP and yeah, launch a token, man.
Get on RuneShot, launch your own token, have some fun.
So Leo, before we go when kraken
have you got any have you got any updates for us anything that you would like to share with
the communities before before we go yeah i mean the kraken update is that i can't share any kraken
updates obviously that's for them to share, but,
obviously this is something that's a high priority for them and they're very
excited to,
basically,
support the runes protocol,
integrate,
with runes and list dog.
hopefully I'm hoping for more runes in the future.
Obviously that's TBD,
and again,
up to them,
runes go to the near runes go to the obviously that's tbd but and again up to them but yeah uh runes go to the near
runes go to the kraken um yeah guys i'm excited i'm excited well yeah thanks man oh wow let's uh
call that a wrap for today thank you for everyone who has shown up today. Near Live Space live stream will be going live in about 25 minutes.
Big shout out to Black Dragon and the Guide.
We'll be doing an announcement about their launch party
and dropping some more hints about what we're cooking with these guys on the side.
Thank you for everyone that showed up today to listen.
And that's us.
Cheers, guys.
Well, when you sense the market is at a top and then just buy in later when there's another correction or do you just plan to hodl through all the 80% downturns?
Yeah, again, I just disagree with your characterization. I don't expect an 80% downturn. I again i i just disagree with your characterization i
don't expect an 80 downturn i don't think it's a speculative asset i don't think you you can't
quote unquote take money off the table the point is if you have the superior asset it's going up
forever more Forever warm
Forever warm You know, you're speaking