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DeFi grows on Ronin with Liquid Ron and AlphaGrowth
Recorded: March 20, 2025 Duration: 1:17:01Space Recording
Short Summary
The Ronin ecosystem is set to expand with the launch of Liquid Ron, a new DeFi tool that allows users to stake their Ronin tokens while maintaining liquidity. This innovation, in partnership with Sky Mavis, aims to unlock significant capital within the ecosystem, potentially releasing over $215 million in staked tokens. As the DeFi landscape evolves, Ronin is positioning itself to offer under-collateralized loans, enhancing financial accessibility for gamers.
Full Transcription
you you you you you you Yn ystod y cyfle, mae'r cyfle yn ystod y cyfle. Mae'r cyfle yn ystod y cyfle.
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Mae'r cyfle yn ystod y cyfle.
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Mae'r cyfle yn ystod y cyfle.
Mae'r cyfle yn ystod y cyfle.
Mae'r cyfle yn ystod y cyfle. Mae'r cyfle yn ystod y cyfle. Good morning, good afternoon, good evening.
You know what I actually said before this to the team, you know, let's give them five
minutes to fill the space out.
But I can't let you sit here in silence on a day like today.
Such big news announcements coming out left, right and center
and lots and lots of questions, of course, the fire on Ronin.
That is one of the focuses today.
But of course, more questions will be answered.
If you guys would like to participate in the show today,
I wanna make a huge, huge emphasis
on the Ronin Networks official Discord.
So if you head over there,
there is actually a new chat
in the Discord server called DeFi chat.
There'll be a lot of conversation going down in there
during today's show. And if
you would like to participate, maybe ask any questions, we'll keep an eye on this chat
throughout the show and be able to pull some of that information through. Again, if you
just want to respond and you're not a talker, you can type, bro. That's what Discord is
there for. But yeah, like I said, lots of really, really amazing guests on our space
today. And again, the questions will be answered.
So I'm gonna start bringing everybody through.
And what a time to be alive, man.
You know, we were saying,
is anybody here at the start of the week?
And now I feel like you guys are coming back.
You're coming back.
You're on your way back over here.
And also just personally for me,
I think everybody's wrong.
I ain't gonna lie, bro.
I think everybody that left, they're wrong.
Either way, we're not gonna get too deep into that.
I'm gonna introduce our speakers.
Of course, you guys know who's in the building.
It's myself, Gila.
Just me.
No, it's, hello, hello.
Hi, my name's Gila.
I've been in Ronin for a long time now.
Of course, this Ronin radio, we've been moving for two years.
And this is one of the reasons why we exist,
to bring you guys information, particularly
on topics and announcements that you may not grasp totally
from the offset.
Of course, my co-hosts are with me, good friends,
Stark and 1437, as you may formally know him,
Mr. Theben Silva is in the building.
And of course, on the panel list today, none other than Gehost,
one of the smartest minds in Ronin as well, Al Bailey will also be in the building.
One of the well, head of ecosystems in Sky Mavis.
And we have a new in the open Ronin, a new partner
to join the fleet as we sail onwards in Alpha Growth.
So we'll be talking with the Alpha Growth team and they'll be able to share their vision
on DeFi on Ronin too.
It's going to be an interesting conversation.
Let's start with Gehosh bro.
Let's get the energy in the building.
My energy's up.
I'm up.
Let's see.
Let's keep them there.
And this is going to be a good show today.
So thank you for being here.
Thank you for taking the time out.
And this is going to be a valuable conversation.
I really believe that.
Yo, what up? Good morning.
Yeah.
G, motherfucking M.
Yeah, I just woke up. I'm here. I'm ready.
I see that we got owl in the building.
I see that we got alpha growth here.
I see that compound growth is also a speaker.
I see Bailey.
Bring Bailey up to the stage too, right?
Mainly got the invite.
Oh, yeah.
Okay.
Okay.
Right.
I see we got Stark.
Dude, Stark has the cleanest run game line, man.
That is so fucking crazy. Yo, Geo we got Stark. Dude, Stark has the cleanest Ron game line, man. That is so
fucking crazy.
Yo, Geo, quick question. This is way off like tangents, but like we saw the Ronkey clip
in AxiMMO, right? I'm praying, I'm praying, I'm praying to whoever needs to hear these
prayers. Will the Ronkeys individualism be implemented into the MMO? And I'm not like straight away, of course, like, dude, this is way too specific of a question for me.
Uh, you guys know that I have a boss, right? So you gotta talk to my boss. You gotta talk to the big boss.
Wait, he calls you the boss though. Who's the real boss?
Yeah, that's, that was a flex, right? Uh, so yeah, uh, you gotta, you're gonna have to talk to Zhong about that one.
Facts, facts, facts.
Bossception is happening here on Rota Network.
Anyway, yeah man, welcome to the space.
Of course, we've got the man himself, Owl, is in the building.
Liquid Ron is here.
We are about to go forwards, ladies and gentlemen.
Of course, I would like an explanation.
I'm a wrong key, really and truly. Watching videos from people like Proof of Travis has
helped me grasp some of the idea.
Oh he's in here too, get him up here. I would love to hear from him too.
Oh is Travis in here too? Yeah we'll get Travis up too. But yeah, Al is in the building. Good
to have you here. It's always a pleasure when we have conversations, I find extreme value in them.
So thank you for being here as well, Al.
But yeah, just a quick intro on the mic for anybody that doesn't know you.
I don't know. They must be new if they don't.
But Al of Moistness.
Hey, everyone.
Also woke up as well 6am here, the energy is, I couldn't sleep.
And yeah, Liquidron, Liquidron it's here, DeFi, the first stepping stone
and there's more to come, you know, Alpha Growth, I don't know what they do, I want to know more
about them. Let's see how we can all work together and let's see how Liquidron can go into this
whole new ecosystem that we've been all waiting for. So I'll wait my turn to talk about this,
but I'm so excited to be around. Thank you for this. And I can't wait to hear about all this news.
Totally. Yeah, man. 6 a.m. You're a warrior owl. We love that. Either it was an all-nighter or you
really are just pumped for the day.
Either way, we might find out later.
Bailey is in the building.
Again, someone that is a silent hero,
I would say, in the Ronin ecosystem and at Sky Mavis.
You know, not in the limelight as such,
but an important pillar in our ecosystem.
Of course, head of the ecosystems, right?
But no, it's Bailey in the building.
Bailey, would you like to give us a quick intro on yourself
and what we are doing here today?
Hey, you're okay.
Good to be speaking on the morning radio
and of course, always listening in.
Yeah, so I take care of the ecosystem,
kind of planning out certain strategies
from the backend and then try to execute with all of our wonderful teammates here.
So yeah, DeFi is kind of one of the ways to see growing Ronin.
Of course, there's a lot of PMF and other chains, so it's a helpful thing.
Absolutely. Okay, we just got the last few people through.
We have Jose from Alpha Growth here today. Of course, Ronin is up here on
the speakers panel and Alpha Growth, the company, including Compound Growth. So Jose is going
to be speaking on their behalf, but this is Jose. It's the first time meeting you. Lovely
to meet you, my friend and welcome to Ronin. Like Bailey said, and Al mentioned as well,
really looking forward to what we can do together. If we could get a quick introduction of yourself, and then we can start firing off
our main questions for the show today
Jose here from Alpha growth a back PD lead and also reading our efforts for the Ronan growth program
It's my first time being on Ronan Radio and really hyped to be here.
Let's go.
Let's get it.
Jose is the OG, right?
Jose has been participating in XC4.
Yeah, okay, okay.
I'm new to it.
I'm new to it.
You ain't not follow.
I left my job.
Well, hey yo, I left McDonald's the other week
cause I said I ain't going back.
Like this is the last time.
So we're gonna get to it today, ladies and gentlemen.
Let me give you premise on today's show.
Of course, if you weren't here in the first phases,
I mentioned there is a brand new channel in the Ronin Network
Discord.
It is called DeFi Chat.
We'll be monitoring that channel throughout today's show.
So if you want to participate, maybe ask a few questions.
They could get pulled from there,
but also join the conversation.
This is what we do here on Ronin.
The community is king.
And when we congregate and form coalition together,
things happen.
So begin something with DeFi today
in the Ronin Networks DeFi chat.
And Yemen, I'd like to see you over there.
Maybe you Ronkies can go over there and try and communicate in real words.
And maybe not.
Don't troll it though.
I'm being I mean, there's like let's let's have some utility from it, but that is there
and we'll be monitoring it through today's show.
Overall today, we're going to be looking at the vision really Ronin's vision for DeFi.
Of course, Bailey and Geho's here in representation of SM.
So we can actually press and see what is the vision for DeFi here on Ronin.
In my opinion, it's set out to be quite different to DeFi that we've seen in other ecosystems.
Why is that? I believe it is true and you guys know it as gamers and community members in Ronin.
This is a place for gamers.
But what does DeFi look like more specifically for gamers?
We're going to get onto that topic.
Also building these financial layers that enhance in-game economies
and how can we make DeFi more accessible, useful and fun?
Those are going to be some of the intro topics we go through.
The current state of DeFi on Ronin we will address.
And then we're going to introduce and talk more deeply
about alpha growth and what we can do together here on Ronin.
We'll talk about Liquid Run after that.
And Al can take the floor and mesmerize us
with that beautiful brain of his.
But like you said, let's start at the beginning.
The vision for DeFi on Ronin.
Now, I'd like to bring Bailey into this conversation here,
you know, taking care of ecosystems.
DeFi is a huge contributing factor
to what is going on here on our network,
and also one of the big attractive
pieces for outside participants in Ethereum and then in the crypto industry at large and those
who are yet to come here. So what is the vision really for Ronin's DeFi and how or why is that
built so differently from other areas?
Yeah, it's a very broad question, which is kind of crystallizing our thinking into a blog post. I recommend everyone to read it.
I think just to summarize,
so I think from the start,
RON was actually launched on Capana Dex.
That's the first piece of D5,
so people are not actually unfamiliar with D5,
you know, permissionless ones.
And of course, I think people were also exposed to USDC, so stablecoins right, but then how
do they stablecoins actually work right, I think on a fundamental level people want to
get new.
So people want to save in USDC and they also want to get some kind of interest rates on top of those USDCs.
So I think these are probably the first phase of what we call the B-Fi and Ronin.
Just bringing you to these players and then getting them saving on Ronin, seamlessly accessing lending services.
I think that's like the first phase. And the second phase is what we look at kind of more
fun trading activities, like leverage trading, some of the petros and then of course the last
layer is really about the gamified DeFi. So I think you look at Lumitera has this Lumi Finance
Protocol, how do you bring some of these B5 services, right,
to service some of these virtual economies on Ronin's games? I think those are actually where
Ronin starts to differentiate itself from many of the other ecosystems, right? So these are, I guess,
coming off of that, I mean, other ecosystems, you kind of see like an oral boroughs appeal,
where the yield is actually recycled, it's like stacked on
and then eventually where is it servicing? It has to service like a real fundamental
economy based on the consumption of goods. So in that case, I think Defiant and Ronin is a very
perfect match where we have actually games with gamers who want to spend on virtual assets.
I think that's really the core of the pieces for
DeFi and Ronin. Yeah, absolutely. You know, it's really interesting that you started out the way
that you did, you know, mentioning the DeFi that does exist in Ronin. And, you know, for someone
like myself, I've recognized that, you know, when you're trying to actually use financial instruments,
Ronin at heart, from the beginning, from the offset, you know, we've had Katana decks with liquidity pools and that was an early phase learning
for me, learning process being in the industry, interacting with people who were participating
in that and finding out the reasoning for it. And really when it comes to saving, like there
is nowhere in traditional markets that can match some of the APRs that you can actually
accomplish here on Katana and have been here for a very long time.
And of course, that's one of the driving factors for participation in DeFi.
And maybe it's overlooked.
I can't give that perspective because I've not overlooked it.
And it's been one of the strong strong holds of me being here as well.
These things are already accessible, but really interesting to hear your side of the thing
somewhere progressively, step by step or layer by layer, how this improves.
G-Hos, I'd like to hear again maybe some reiteration on those thoughts and shout out to Bailey,
bro.
I don't know if you are in platform nine and three quarters going to Hogwarts, but yeah. the you about the vision of, what is the vision for DeFi here on Merlin?
Well, you know, first of all, I have always, you know, I've seen from the beginning that
I really believe that DeFi, NFTs and gaming are the three core pillars of what's interesting
when it comes to consumer adoption of Web3 technology.
And without DeFi, there would be no AXE.
There basically would not have been Play2Earn.
Play2Earn was enabled via the combination of the AXE protocol
with Uniswap.
It was only once Uniswap was deployed
that we were able to see.
And if you go back to the Play2Earn article,
where I basically invented the term Play2Earn, if you go back to the Play to Earn article, right, where I basically invented the term Play to Earn,
if you go back to that article, Play to Earn is evolving
or Play to Earn is here, you'll see that we're talking
and specifically walking through our user base
on how to basically use the Uniswap protocol.
I met the founder of Uniswap and he knew who we were.
Why? Because a lot of their initial user base
were from
the Axie community. Flash forward a little bit and actually in 2019, I used to give out
loans to people, especially our whales. They would give me their Mystic Axies. I would
give them ETH. Their loan value would be denominated and die a
stable coin, and they would then buy into projects like rocket pools, synthetics, compound.
So our community, especially our early OGs, are very, very familiar with DeFi.
And of course, as Bailey mentioned, Katana is a Uniswap, is basically a version of Uniswap
that's native to Ronin. And that's basically how we launched the Ronin token. I think it was one of
the most innovative launches of all time. It was a very fair launch where basically the only way to get run was via depositing AXS, ETH, SLP
into the Katana protocol. So moving forward you know I think that there's a lot of really
unex- interesting and unexplored design space for DeFi protocols to come to Ronin and why is Ronin
an attractive opportunity for them? Well guess what a lot of these DeFi protocols to come to Ronin and why is Ronin an attractive opportunity for them? Well, guess what? A lot of these DeFi protocols have been building for the same people for
five years. They haven't really seen a new audience. And on Ronin, you have this audience
that's very unique. They're gamers. Many of them are relatively new to crypto and haven't used DeFi protocols
other than Katana. And so to many DeFi developers and protocols, this is like a really interesting
audience and opportunity because you want to get your protocol out there to a new audience,
to new users, and that's what Ronin provides.
So it's just like games come to Ronin to experience distribution advantage and
to reach a new audience.
So too will DeFi protocols start to see it in that way. We just need to show
that. So that starts with some of the initial early experiments. So remember how, okay,
once we had the Genki launched on Ronin market, people were like, wow, like, okay, NFT projects
and different IPs can come to Ronin. That attracted, who did that attract? That attracted pixels.
Once pixels blew up, boom,
that attracted a bunch of other games.
So that's basically the mission, right?
Is like make one of these DeFi protocols or apps
experience a lot of growth,
and that will basically create a light bulb moment
in the minds of DeFi developers.
And then they'll basically be this mass thing, a mass kind of migration and attention of DeFi protocols towards
Ronin. You need to create a case study. So basically we're gonna be
kicking off with an incentive campaign to catalyze some growth and show that
Ronin, the Ronin effect is not just something that can help games, it's
something that can help any consumer It's something that can help any
Consumer application that's building for real people
Yeah 100% it's that's super interesting as well about how you know
We have a very unique environment and it's it largely is people who are first-time crypto users gamers
So users, gamers, and how that's like an environment in which many DeFi protocols can come in.
and how that's like an environment in which
And I think I'm going to take this stance.
I think if education is kind of led, like you lead with education and you have a positive
effect on community members, they are going to be so likely to utilize your products after
learning, oh, that's why you guys actually are successful.
You have a good product and it does this.
You kind of elevate the user base through your own projects, right?
That, I believe, would lead to participation.
We are in a gaming network, of course.
This leads me to the next question.
I think actually a gamification of education around decentralized finance is something
that could really be explored in this open Ronin network. But building a financial layer
that enhances in-game economies was one of the topics that we wanted to address today.
A lot of us learn our understanding of economy through things like MMOs back in the day. I can
reference a lot of big players or big participants in this industry who they seriously have been
approaching life from their early experiences in these MMO games. In-game economies are
very interesting and it's the perfect fit for this environment
or this industry.
I believe Ronin will be the heart of those environments
or those economies, in-game economies,
really seeing true success.
Of course, at the pinnacle of that for me will be Axie.
And we have many strong competitors and builders
in this space already presenting product on
that Forgotten Universe coming out very, very soon.
Shout out to the Wizards.
But building a financial layer that enhances in-game economies, how do we expect to approach
this?
What can we anticipate?
Will we have DeFi products that actually plug into games directly?
Will there be in-game features that actually go through protocol that puts them into DeFi
positions?
Maybe there's liquidity pools in the economy, like in the game.
Is that kind of what we are looking at potentially in the future of Ronin?
I'm going to direct that question back at you, G Gehost, because I know that's probably close to...
I feel like you are the guy to answer that.
And Bailey, if you are able to come up on here, please,
put your hand up as well, and we'll pass the mic over to you.
But yeah, is this something that we are looking at
as gamers on Ronin to have DeFi kind of rooted
into game experiences and then in game economies.
If that wasn't clear, that was that one's for you, Geo, my good mate.
Hey, sorry, I had to step away for a sec.
Can you repeat the question?
Hey, yo, welcome to the Rodeo Radio, ladies and gentlemen.
The building financial layers in game economies
basically was setting a premise on,
is this something that we will see?
Is it likely to happen in our near to the long term
future of us having DeFi plugged into the games themselves
participating in then the in-game economies?
Well, yeah, I mean, this is an interesting thing.
I think you will start to see it more, and it's been kind of like part of a dream,
where it's like, oh, what if you actually had an exchange,
or the grand exchange within the game, the auction house within the game,
is actually a DeFi protocol?
And I think that, you know, especially with like
basically advances in wallet technology,
this is actually one of the things that things like
what Waypoint theoretically enable is to basically
plug these smart contracts directly into the game.
The Eve Online team or the Eve Frontier team
is also working on something called like smart assemblies
or something like that.
So yeah, I think there's a lot of like advancements
and this is kind of, you know, at the cutting edge.
So yeah, you know, I would expect to see some experiments in
that direction. But, you know, I think like just having it, the
integration right with act, for example, Axie and Katana was
also like pretty, pretty tightly embedded, even though right,
Katana wasn't necessarily directly available with from within the actual game itself.
Yeah, yeah. Yeah, I know that I thought that as I asked the question, actually,
that there was this, you know,
outside effect of DeFi actually being part of the game's economies themselves,
but, but the deeper layer, I think towards the future, we'll see in-game controls
that will actually allow participation
from within the game itself.
I actually want to pass the mic over to some of our guests here
because I know it's like you join a space
and you sit there, you listen.
It may be valuable, it may be great,
but let's join them into the conversation.
Al, I wanted to know, from your perspective,
was there like education that happened for you
in your gaming history your gaming
experiences and also what is your
Projection of the current state of DeFi in ronin itself right now
Yeah, no there definitely was
You know teaching and some education when it comes to just gaming in general if we go outside even everything let's just go outside of what's right now
Before all this happened, you know, let's say ten years ago. I'm like ten years ago
I was I joined communities just to play games on discord and they taught me everything on how to play the game
so education is core and education is kind of like the bridge from
So education is core and education is kind of like the bridge from you being a solo player
joining this new universe and making friends and enduring together this new adventure.
So everywhere you go now into the Web3 world when you join, there needs to be some sort
of education to give you the exact reasons why things happen.
You can be very smart, but just having confirmation from your peers
on what's happening,
it's super interesting and super powerful.
And I'm at GDC right now,
lots of energy and just to quote
one of the panels I went to
that was managed by Hilmar.
Hilmar is the CEO of EVE Online,
one of the biggest communities out there.
And he was saying essentially like he created, he wanted to create a chaos world with Eve
Online, but he created what he called the love machine because everyone stayed because
they were friends.
Eve Online players stayed for the friendship and the sorrow of losing things together and
also the winnings of killing people together. So essentially you have all
this education that is extremely important when you join a game. Now when you talk about
DeFi and Ronin as your second question, it's also very interesting because the way I currently
see DeFi and Ronin is kind of like in existence. And the reason why I say this is Katana is
just a common good.
It's not really true.
DeFi started with Uniswap, and that's how it started also on Ronin.
But it's just one stepping stone.
You don't say you have stairs if you have one step, right?
So let's just go with this analogy.
It is 100% needed for the future to make it work. But DeFi will truly happen once we have even more of those steps as we go forward.
So liquid drawn, we'll talk about it later, is one more of those.
It can be traded, of course, on liquid drawn, on Katana.
But more things can happen to it, and those more things will be those next steps, which
I will let Alpha Growth
talk about. I don't want to spoil anything and I just woke up and I hope I don't spoil
all the things that are happening of course.
No, no, no. Darp as, Darp as attack as I used to say about Joe Biden but no, this is Owl
actually sharp as attack. At 6am in the morning bro congrats like yeah great great answer.
Actually I really really enjoyed that answer.
And to find out that you're listening into the panel of someone like Eve Online, which
we look at as a leading example for in-game economies in this space, is great.
Creating a love machine, it's true though, right?
You create something.
And I think the attachment and the ownership aspect
that's in web three, it emphasizes that as well, especially when you build together with people,
having done that for the last four years in this space. Like I get it, bro. Like come into web three
and you create things together and you create bonds, but you also like work on things together.
You're just making babies.
So come to Ronin and make babies, bro.
Let's move over, Jose, bro.
Let's bring you into this conversation.
Quick question that's kind of off the topic here,
but we are Ronin.
We are gamers.
I'd like to know a little bit about yourself.
Jose, is there a game that sticks out to you that
has taught you something that is still a factor in your walk of life today?
Absolutely. So I learned about economics all through games. Before I even, before I was in
high school and took economics classes, before I picked up anything formal about business,
I picked up anything formal about business.
I learned about economics solely through games.
So I like to think about it in versions.
So V1, the first thing that I saw was Pokemon trading.
So nothing offline, everything was offline, analog.
And when you had the link cable and now you can
share your Pokemon world with your friend and trade Pokemon and not even
just trade Pokemon for other Pokemon but you could trade like your strongest
Pokemon to your friend for his lunch money for like a month or get your friends Pokemon in exchange for babysitting their
younger brother.
So that's the first time I learned how to like see value beyond the games and into real
life and V2 when MMOs came out, Ragnarok online was huge, huge, huge in the Philippines.
And I remember just watching my older cousins like forge these badass weapons and sell them
for like hundreds of dollars in the black markets.
And it just blew my mind.
Same thing happened with RuneScape.
Same thing happened with World of Warcraft, actually learned about financial
markets, limit trading, price charts from the World of Warcraft auction house and did
a lot of trading there on Guild Wars.
I mean, really all the games that I've played online, they've all had strong in-game economies
and communities.
And yeah, to answer your question, all the games that have economies have stayed with
No, I mean, it is crazy, but there is definitely a case there of like, what I was saying, the
love machine, because in some of these web two games, there is no benefit, right?
Like in for web three, in the last few years of experience, a lot of the time, there is
always that there is profit potential here, like the resellability, the secondary market
basis that exists in the in the past, though, it that was not really accessible.
And again, you could avoid and go around
violate terms of service and all of those different things.
But people were purchasing out of passion a lot too.
And I don't think that that will dissipate
or has disappeared in any way, shape or form.
So it's gonna be interesting to see
how this industry kind of harnesses that
as we move on into the future.
But talking about the future,
a beautiful analogy by Al
on how this is a stairway to heaven with DeFi.
And we have one step,
we're about to start adding some steps to that stairway.
Alpha growth, ladies and gentlemen.
Now, I was doing some research earlier this week. I used
your product last year in the middle of last year and to actually promote nothing other
than this platform right here, the Ronin radio. So I would like to pass the mic because I
think I would probably butcher the explanation, whereas you guys, you're the builders. So, Jose, I bring you back up here to talk about Alpha Growth, what it is, and what can
Alpha Growth do with Ronin?
Absolutely.
So, Alpha Growth is a DeFi growth management firm.
We specialize in growth and business development.
Some of the big partners that we've worked with,
we did the go-to market for Nier,
brought on about 3 million wallets into the ecosystem.
We did the launch for the EVM Aurora.
We brought about three dozen DeFi protocols,
pumped the token from like 3 cents, $30,
something crazy like that.
Did the same thing for the Cosmos EVM called Kava.
We ran the multi-million dollar grants program, brought about 80 to 90 dApps and grew Kava's DVL
by about 150 to 200 million. And now we are running growth for Compound. All chains,
Now we are running growth for Compound.
All chains, all chain deployments, all asset listings,
grants, partnerships, all the fun stuff goes through us.
We do the same for the Uniswap DAO,
cross-chain expansions, co-marketing, business development,
do a similar thing for Rocketpool.
And our only ecosystem client now, of course, is Ronin.
So the way we see it.
So I'm going to jump in right here
because you just name drops like, like, bro.
Yo, okay.
We are in the parking lot.
Okay, listen, if you've been in this industry
and you know a little something, something, something,
some of you are wrong here as fuck.
So you won't know anything, but like, listen, some of these name drops that are going down right here. And again, we can just talk about
figures and stuff like that. We need help over here in Rowan. And it's a true fact that we can
ride with it, but volume must come. Volume must join this fleet. And some of the names that you
were just dropping then, Jose, it's incredible. So, you know, applause to you. I don't have the soundboard right now,
otherwise I would have been pressing buttons for real.
But I just felt like a total urge to come in
and just congratulate you guys on the work
that you've done prior to this.
And how formidable some of those events
have been in the industry, right?
But I will let you continue.
I will mute my mic, I promise.
I will not join back until I am due, all right But I will let you continue. I will mute my mic. I promise I will not join back until I am due.
All right, I love you, bye.
You're forgiven.
So yeah, we see a huge opportunity in Ronin.
Taking a step back, I got into crypto
because of Axie Infinity.
I was very, very new and learning about staking just opened my first wallet.
Then I was hearing from my nephews and nieces,
Uncle, you gotta play this crypto game. It's called Axie Infinity.
We're making like $200 a week. I was like, what? $200 a week?
I'll take a look.
And from that, got seven of my friends to join in with me
because Ronin was not existing at the time.
We had to do everything on mainnet and gas was like $200, something crazy like that.
So I ran a small guild of like seven players.
And then my friends told their friends, their friends told
their friends and in a couple months I was running a full-fledged gaming guild, play-to-earn guild
of like 350 people. It was nuts and my experience as well as my gamers was that
it was our entry point into crypto and DeFi. So we were yield farming, playing Axie,
and there was no Ronin and there was nothing to do also
on Ronin when there were no DeFi games to play.
So I would take my earnings and move over
to something like Phantom.
I can participate in these like cool DeFi games, these
on dynamics protocols, getting an early buying NFTs, losing money, having fun
along the way. I would put my earnings then into like Terra Luna at the time
for the stable yield and I would always wish that I wish that like,
I could do all these things on Ronin. You know, it would be so much more convenient.
And you know, you get to own the part of the games we love through Axie, right? I think
that's that's beauty in it. I still have to this day about a thousand axes in my cold wallets.
Never lost money because I never sold. So yeah, we're trying to turn. I see Ronin as like Disney
before Disneyland came along. And our job as Alpha Growth is to help build an internet from Disney to Disneyland. Have all the primitives
that you would want. So in Disneyland, you have like restaurants, you have water, you
have internet, you even have a jail. There's no there's no actual reason to leave Disneyland.
You could actually just stay there. And that's how we see Ronin. And putting in the best blue chip dApps that we can find,
best infrastructure partners, the best assets, and creating and supplementing these in-game economies
is, yeah, I'm really bullish about it.
Absolutely. Yeah, we've heard similar conversations actually from Bear Snake, who is one of the
leads at the Runeverse, the leader of the cult, Mr. Bear Snake. Big shout out to him.
But yeah, blue chip, right? The IP is formidable when it comes to Axie Infinity. It's really,
really interesting again to find another story in this industry that began with Axie. I'm sorry, Geo, you actually made one of
the best statements that exists. Axie is the next Axie. Bro, how many people began with Axie? We
actually need to document it because it is insane at this point. True builders, people of value, those that have survived largely have come,
their inception at least was with Axie Infinity.
And again, that just attests to how impactful this industry was, right?
And the decisions you guys made, Geos.
I mean, yeah, Axie is the next Axie is more true than ever, right?
Like the longer that the space goes on and you don't see like a huge breakout hit that
shocked the world in a similar way to Axie, right?
It's like, you know, people, people actually grew uninterrupted for about like almost 18
months last cycle, right?
Whereas now, like if something doesn't collapse in two weeks,
it's considered a victory, right? So, you know, I think that Axie's run of dominance,
you know, is just crazy to think about in retrospect and gets more impressive.
The longer those world records stand, and you know, you talk to so many people who
have been onboarded to this space through it, and know I think it's set a really strong foundation for
the run and chain and you know basically right like when you talk to real
builders real you know everyone who's a real builder respects what Axie did and
understands how run and played its part. And that's what attracted the initial cohort.
And then it's like, yeah, pixels came on
because they respected what we had done with Axie,
and then boom, now people saw that, okay,
it worked for pixels, right?
So just created this chain reaction of good steps.
And yeah, I saw that as, right?
Like Axie wouldn't have worked without the DeFi linkage
and the DeFi linkages would actually allowed us
to create like a more of a powerful flywheel.
Before that existed, it was like people could kind of earn
by playing Axie, right?
They would like play, they would breed and they would sell,
but it just wasn't as like concrete or like obvious
of a loop.
100%.
Here's to open the defy here on Ronin
is actually one of those catalysts for a lot of the game
in game ecosystems that we have right now,
because we do have more than ever, I remember times where even you said it Jose that like there
was nothing really else to do other than playing AXE and then taking rewards and kind of fucking
around and finding out in the industry. Whereas now we have a lot more solidarity, there's a lot more
experiences to get involved in, there's a lot more IPs to go and explore and fall in love with.
So DeFi at this phase with that type of a catalyst effect could be really, really interesting.
I want to say this though, because my understanding from AlphaGrove, I like to do the layman's term,
like the ronkified version.
I'm not going to do it in full ronky language, which I'm sure, welcome to Ronin, you'll eventually
understand that this is partly the r Ronky network and some people talk this
way.
But ultimately with AlphaGrowth, you guys have an independent database as such of different
categories, ecosystems for one, but investors as another, and then also those builders who
are out there pushing their own projects.
But what that then means is you guys have a collection
of people who are either very well-versed,
very experienced in this space,
and do have liquidity to contribute,
almost like stimulus access, right?
You give exposure to ecosystems or builders projects
to the people that have liquidity to kind of give them those catalyst events, right?
That's ultimately in a simplified term what Alpha Grove displayed. That was one of the
reasons I used your product last year. And of course, I see once Ronin builders, there's
a lot of builders in this space.
And forgive me for saying this, it means it's in with no malice at all.
But there is a ton of talented and amazing builders in Ronin.
And there isn't so much of, I guess to say the acumen, the business acumen on how to
create large scale projects and scale that as well.
And I'll put myself under that category also, but I think Alpha Growth is a great product
in which could lead them down roads and pathways to meeting people who see their vision and
can help support that become a reality.
So really, really excited to have Alpha Growth here in this ecosystem, not only just for the sway and
database of capital in which they can put things in front of those people's eyes, but
also for the things that it can do for builders in this space as well.
Jose, I'm going to push it back over to you here as we will talk about Liquid Run right
after this, but just to open up the conversation on compound growth, you
know, I see the patterns growth, growth, growth, growth, growth here, but compound growth obviously
is not alpha growth. Could we get a quick explanation on what compound growth is? And
you guys are, of course, I would say the marketing looks the same, the name is the same. I'm
going to say you guys are running it also.
Yeah.
So to give some clarity there, uh, this is also a grow compound is a alpha growth initiative, uh, through the compound growth program.
Um, so being able to, uh, service thrown in ecosystem and make that, that
Disneyland is why we are here and what we want to see happen.
I threw up a CUSDC on Ronin as a forum post we made as a teaser to what is to come and
all the amazing in-game experiences.
But yes, I will go back to the main point here.
Grow Compound is an alpha growth program initiative, a page.
And this is where we handle all the incentives and campaigns
and launches of new chains such as Ronit.
So yeah, Jose, it's all you.
But if you have any compound-specific,
DeFi-specific on the lending side? Let me know, Treman.
Nice.
Yes, lending, lending, lending.
Oh, yes.
The good debt is good debt.
I'm one of the original...
I'm one of the first users of Compound of all time.
I think I still have some deposited in there.
Compound is actually the OG when it comes to basically kicking off DeFi Summer.
Compound was basically the first large protocol to launch a token for their DeFi protocol,
which basically kicked off DeFi Summer, which was like a huge event that actually,
this event created a lot of the original wealth for the AXE community.
So it's like, how did the AXE whales make a lot of their money and basically have enough capital so that it was able to multiply it to large amounts during the 2021 cycle was actually a. You deposit a certain amount of collateral.
So that's an ERC-20 token, or it can be Ether,
or it can be RON.
And you're basically, depending on how much you deposit,
you're also able to borrow a certain amount.
So yeah, usually that loan is denominated
in some sort of a stable asset or a stable coin.
And, yeah, there can be basically rewards as well, right?
So you can basically kind of get paid or incentivized to borrow capital, and that's when you get
some really, really interesting flywheel effects happening.
So yeah, that's kind of my explanation or my experience with Compound. And apologies if that was, I don't know.
Yeah.
Anyways, that's just my, that's just that that's been my experience with Compound.
I wanted to like kind of explain it from my POV and my experience.
Yeah.
I think it's great.
No, great to hear from from your perspective as well, because there's, there's always been this,
and I want to say it's coined as
benevolence in that effect because there is incentive and there's profiteering from it.
But there's ways to distribute capital in and amongst this ecosystem that are opening up slowly
and surely. We've seen it through, I mean, even meme coins on Tama, right? We've seen Cocoa Bear
support projects and help with liquidity in the early
phases of those tokens. But having more sophisticated avenues for that is very, very important.
So to hear it from your side, Jiho, as well, is like you've actually participated in this
and offered or actually deposited funds into Compound and had that then loaned out to whomever.
But you may have, you know, subsequently enhanced someone's ability
to go and make things happen.
It is some good stuff.
A shout out to you guys.
Jose, I just want to pass the mic to you.
If there's anything that we've missed on Alpha Growth or Compound Growth itself,
then we can get those details across to our community and the audience here today.
We're good.
I feel like I've talked about Alpha Growth way too much so we can move on.
At this point, it's go ahead and check it the fuck out if you're interested.
Welcome to Ronin though on behalf of the entire network.
I don't know if I have the authority to do that, but guess what?
I say I do right now.
So welcome to Ronin. We are more than happy to have you guys here and joining the
fleet to build with us. So I would definitely be revisiting my profile. And if you see the
Ronin radio out there, Jose, mate, I expect you now with some bias to put it in front
of a lot of those investor profiles. So thanks very much in advance for that.
Let's oh okay we got handled by the one four to the three to the seven.
Marguerite Daven, what a combo bro. What you got for me? Yeah I mean I thought I'd just chime in.
You know as a gamer on Ronin I came in here to play games essentially like back in 2021 it was just about AXE like I didn't even know
anything about crypto it was my first introduction to crypto was AXE and I was here to play so like
over the past few years I didn't really get involved with DeFi things but you know one day
I actually stumbled across Travis's video of v3 pools and how it works and things like that.
And then suddenly I started getting more interest
in checking it out and just fiddling around with it,
seeing how it works.
And I was just like, mind blown.
I was just amazed.
Okay, so, and this might just sound cute,
because you guys are probably doing all these
different DeFi things these past years, me just as a pure gamer, but might be a great example of like the people that
everyone is trying to like get exposure to right now. Like it was just amazing to see like the
potential, right? Because DeFi in a way is also gaming, because you're trying to min-max your
potential earnings. And I think that's where I found the most amount of fun and like why it was intriguing to me.
So since then, which was like a couple of months ago, I've gone down the rabbit hole and found like all the different kind of ways you can stake things and like understanding charts and coins and why things do what they do, you know, where things move and it's just been like, for me, it's been like, how do I not look into this years
ago, but at the same time, like I was just, you know, playing games, right? And I think
with enough education and enough content, a lot of people on Ronin are truly going to
enjoy these kinds of DeFi aspects because in
my opinion it is gaming.
Yeah.
The greatest game.
Life is an MMORPG.
Welcome to the server.
Feeban, hey, unlocked the financial mode.
You're a fucking legend.
To be honest, I will say this, you know, as a good friendly close friend and someone I
speak to regularly and obviously we're in this right now cooking together, but this man can
learn something at a rate that is non-human.
Uh, so it's kind of scary now that he's gone down that rabbit hole.
Cause, uh, who knows what comes from it, but more and more products at your
fingertips will be coming here on Ronan.
Let's talk about one of those things that is coming.
We do have proof of Travis in the building.
I do want to pass the mic to him.
But we're going to talk about Liquid Run.
Before we get there, I'm hearing Al was partying hard.
It was a tweet from you, Travis.
So I am going to let you know, Travis, open up that mic.
What's good, bro?
Pleasure to have you here.
And this is, yo, this must be like Christmas for you
because DeFi content, that's your bag, bro. Pleasure to have you here. And this is, yo, this must be like Christmas for you because DeFi content, that's your
bag, bro.
So welcome to the space.
I hope you've been enjoying the conversation.
What do you have for us today?
Yeah, no, it's yeah, no, it is Christmas.
I think I was almost crying those, what they call them, ugly tears or ugly crying.
But yeah, no, very excited.
I've been listening to the
space from the beginning I just kind of wanted to chime in because unfortunately
have some things to do in about five minutes but first want to thank
everybody for the shoutouts if you've been watching my videos I'm definitely
going to be making a lot more on all the different DeFi that comes in and just
for the Ronin ecosystem of course a lot of us have been here for a while. I do think as gamers, we're growing in Web3.
I think a lot of people are familiar with Katana.
They understand swapping.
And I do think, and this is why I'm happy that Compound is in this conversation.
I do think lending is kind of the next step up.
I think we've figured out Katana.
We've figured out swapping.
Some of us have figured out LP pools, and then once you try your first lending or even borrowing, it kind of unlocks a different view on crypto, a different view of your bags. And I think that's the direction us regular gamers, even the wrong keys in here are going to kind of try out and learn. So very excited for that. I'm going to try to also
help facilitate and understand what's going on. But it's cool to hear and yeah, I'm super excited
to see all the great things that are that are going to come to Ronin. Round of applause for
Travis man. Like Travis is like is making amazing videos. But are you using Loom to make those videos
like as well? Like that's kind of what I was using for my professor
Gehoz. Professor Gehoz is interested in trading notes on the video software, but Travis has
got fire videos on tutorials. Also, of course, if we have something that's complex and Professor
Gehoz is traveling, we're definitely hitting up Travis in DMs asking if he can make something. But it's much appreciated, man. And just wanted to
publicly acknowledge, I know we've obviously talked a lot in private.
Yeah, yeah. That's important, man. It's important. Axie, Ronin, they're fucking ladders, ladies
and gentlemen. Shout out to you, Travis. We're a huge, huge component to our ecosystem and
a great community member, bro. I hope you huge, huge component to our ecosystem and a great community
member, bro. I hope you're having a great time right now. I don't know if you're, you
might be a GDC then if you saw our party in hard, but aside from that, it's funny now
we're saying the next, like we understand swaps, you know, you educate people, mass
scale to under like to, to, to get that and grasp that concept. The next is lending. The
next step up is lending.
Lending is the meta.
I promised I wouldn't talk about this, but I'm going to say really briefly and then we're
just going to move straight into it's a liquid run.
Lending is the meta.
But when you switch that around and then you realize that wasn't the meta.
So we're going to keep moving.
This is the next meta, ladies and gentlemen, Liquid Run. Now,
I've been seeing the DeFi chat in the Ronin Discord talking about what is Liquid Run? What is Lrun?
The man himself is here today to talk you through it. Again, just want to say thank you to Al for
being dedicated and up early in the early hours of the morning to be here. But the simplest questions with maybe a complex answers.
But what is liquid run out?
Did by the heart. I'll tell you a story.
So it starts in late 2024 last year.
We were there was DEFCON that happened in Thailand. Amazing Energy, and then there's YPS and Manila.
And after that, I decided, hey, why not just go to see Sky Mavis HQ in Vietnam? And during
all of those little moving around, I saw Gehosh quite a bit, and I saw Alex quite a bit.
And so we were talking about Ronin, DeFi,
and a bunch of things and they coined the idea,
what it would be amazing if there was liquid Ron,
just literally liquid Ron.
So what's liquid Ron?
It's basically you can stake your Ronin right now,
you can get APRs, it's great, it works.
You can secure the network, you feel great.
But the issue is once you stake, your run is locked.
You cannot use it, it's stuck.
You don't have access to it.
And this is really something that's been bothering me.
And then telling me about, oh, there should be,
there should be, it's like, you know what,
let me just try it.
And so what happened was,
last few days before I go back to my little nest in Europe,
I cooked up an MVP in the SkyMavis HQ back in Vietnam.
And in 24 hours, even less than a day, I had Liquid Wrong MVP coming.
And from early December to late January, this
is where I was perfecting the whole thing,
talking a lot with the Ronin team, seeing what makes sense, what doesn't.
And from that moment on, thank you so much, Ronin.
And their grant program,
they decided to sponsor my audit for a liquid run.
So the audit that was led by Coderina, fantastic guys,
was led thanks to, was only able thanks to them.
It was very costly, $48,000 and here we are. So what is liquid run?
Very easy for Ron K for everyone. Very easy deposit Ron get
liquid Ron representation of your state Ronin in the Ronin
protocol. So what's really cool about this is that it automates
all the staking and the and the harvesting of the rewards.
So what this enables is compounding, and compounding is super powerful.
To give you numbers, I crushed a lot of numbers for you.
The theoretical best APY you can get out of validators right now is 11.6%.
If you do things wisely, right now no one is at 11.6% because there's a bit of
chaos. Everyone does what they want. There's a lot of meta, meta, people coming in as new
validators, things shifting, but you can get 11.6%. And wait, hold on, there's more. What
if it's compounded? Well, you go to 12.3%. We've never seen APRs above 12 percent. Well, with Liquidron,
you can get over 12 percent.
This is what's really cool about this.
It's like I can guarantee more and then we
can generate even more on top of that.
This is all automated.
Everything, every day,
rewards will be collected with
the run state on the Liquidron protocol,
we'll be auto-compounding the rewards and
delegating in the best ways possible to get those rewards.
Of course, for the users and the ecosystem.
So that's just how Liquidron works.
It's just one piece.
It's a literal DeFi.
This is your own finance.
This is all the inspiration of everything I've worked on.
And what is really cool is, okay, what can I do with Liquidron?
This is where things become interesting.
Liquidron just accumulates rewards over time.
Your 10,000 run that was stuck in the protocol is now unstuck.
It's unlocked.
Liquidron can potentially unlock a quarter of a billion of tokens of Ronin tokens and can
be used in DeFi right now.
This is what's so powerful about Liquid Ron.
It enables all this liquidity and we have our great partner Compound right here.
What could happen, for example, is what if Liquid Ron was you could deposit it on Compound
and borrow ETH or borrow USDC
you're leveraging your position to do something really cool about this you
want to stay long on Ron but don't want to sell just lend it on compound and
borrow USDC while you do your stuff and eventually of course always repay your
position be like a Lannister always repay your debt because if you don't
nothing things can happen and we don't want that. But that's kind of like one of the,
there you go, those are the stairs being laid. You know, Liquidron is essentially maximizing
what you can get out in the DeFi ecosystem. And Compound allows you to leverage this.
And those are the things that eventually make the DeFi stairs of heaven.
And that's kind of like where we are with Liquidron.
It's a DeFi empowering tool that can be used in other different areas of the DeFi ecosystem.
Compound is just one of them. There could be more in the future.
I don't know what's up, or maybe I do, but I don't want to spill the beans.
But that's kind of like how I see Liquid Ron going forward.
I'd be happy to specify things that I may have forgotten or if people want more specificity
on but yeah, I don't want to be too lost in my own thoughts.
It's bubbling right now.
And yeah, it's just so exciting.
You tackled it.
You tackled it.
And I love the address of like the Ronky factor is you
can you it's P is pre damn simple.
You know, it is a true it's a true it's an actual reality even for myself like Ron has
been staked ever since we've had delegated proof of stake on the network and it does
have such a huge amount of supply that is stagnant. It's not stagnant because
it does yield. But in terms of actually being able to impact the ecosystem of Ronin at large,
it's incapacitated. Staking with Liquid Run and receiving a representation of your Staked Run in
return allows you to participate still. It stimulates the economy of Ronin
whilst also allowing that yield factor to continue. And of course
compound is a key word here and for Ronki that don't understand compound, and I
know a lot of you guys in this space, you should,
you really should understand what compound is.
And if you don't, then here, there's your homework.
Professor Gehose has submitted it for you.
To understand quite how powerful compounding is.
If you've ever looked at a compound curve,
these things, it's real, all right?
And it's a necessity for those people who are investors, who are long-term
players.
And you know here in Ronin, it is long-term games with long-term people.
But the ability that Elrond is going to offer you is to still play those long-term games,
but in the short term, where there is opportunity, where you seek arbitrage, where you see a
project that you do want to be really involved in.
Here is my example in the absolute immediate. Right now we have Last
Odyssey with their NFT mint that's going down. The ticket process is happening
right now. 35 ron for a ticket. You could contribute 3500 ron for a hundred tickets
but you'd have to take 3500 ron out of a staked position and buy those tickets, giving you a four day period
where one, the compound curve is broken
because you're not continuing to compound
at the percentile that you were.
And then two, you'd have to, after winning or not winning,
then restake that run into whatever validator
that you are staking.
So that short period of a break in compounding,
it adds up, it matters with Liquid Ron,
however, you would have staked there
and have Elron as a representation,
and then you could go to someone like Compound,
leverage from themselves, pull money back out,
and use Ron freely within the ecosystem,
all while still appreciating that APR.
So I want people to really understand how impactful this actually is. One for solidarity,
because you'll see the dedicated run and still the figures of staked funds will remain high.
And that's a positive factor when people come in here, because again, it removes
from things like cell pressure. But I think it's a wonderful, wonderful idea. And also to hear the
story, Al, on how quickly it was spun up. I remember meeting you right before you went over
to the Sky Mavis HQ office. Randomly, we met on a beach in the Philippines. It was actually quite
bizarre. He was playing volleyball on the beach just in Philippines. It was actually quite bizarre.
He was playing volleyball on the beach just in front of me.
I was like, wait, I swear I know.
Hey, and we had a convo.
But it was right after that and you say 24 hours spinning up an MVP,
gaining the support from Sky Mavis,
and here we are today with Liquid Ron on the way.
So commendable.
You've always been an excellent participant in this space.
If you know Al, his story, he's done many things in the past.
And this is another one of those things
that adds to the legacy that you're creating here.
So I just want to say thank you for all the hard work
that you do put in.
And yeah, with DeFi expansion on Ronin,
this could be the core mechanism that
plugs into people's ability to participate in DeFi.
But like a Lannister, and I love that, like a Lannister, you must always repay your debts.
I wonder if any of the co-hosts or even Jose here, Bailey as well, would like to participate
at this point, what they see with the introduction of Elrond, with the fluidity of liquidity on this network
and what that then would look like.
I know, Stark, you've been someone
who has leveraged lending before in the past.
Is Elrond something that you are looking at to utilize?
Oh, absolutely.
And I'm even in a more broader scale,
excited to see what the Ronin ecosystem does with it.
As Theben was saying, 1437, DeFi and all of that,
in a way, you can look at it as a form of gaming.
And on the Ronin network, we have all the best gamers.
So I'm excited to see how everybody min maxes stuff out min maxes outsiders.
We're not outsiders, but other people.
And like in any game, people, they will climb the leaderboard and all that activity will
be good for the ecosystem.
So excited to be here's the message.
Watching all of that.
Here's the message.
Everybody stakes their run everybody gets liquid run and everybody swaps it and everybody goes and buys ronky with it
That's the matter bro. Run confide a fuck out of it. That's how we're doing it. Okay, I'm joking
It's an no financial advice here on the running radio just to double down on that ladies and gentlemen
Geo's had to drop off. Of course. the man is a busy guy. Uh, he has a meeting. So just want to say this, uh, you know, even though his presence is
not here, but huge thank you to Geo's for, for making time and being here today. Um,
we're going to continue to strive forward as man that guy every time he talks, I don't
know what it is, but he gives me energy, energy for real. Uh, Bailey, I'd like to bring you
back into the combo here. We are around the times of rounding this conversation up ultimately,
but I wonder what's your take on hearing these things?
You would have heard of Liquid Run before, of course,
and what do you project for the introduction of Liquid Run into the network
on top of all the DeFi that we may see?
Yeah, yeah.
So yeah, very exciting.
Was with our work, it was coding that stuff up.
Very, very sudden seeing that work.
So we have about $215 million run stuck in staking, right?
So expect that position, expect that amount
to be quickly flow or move into the good run, right?
And this unleashes a lot of capital that's looking for you looking to be used with a compound.
So these are the things that are coming very soon.
I also like to kind of share a bit about that future, right?
What Defy and Ronan really looks like.
Going back to the example with animals, right?
Everyone's like part of the guild and then in the past,
guilds didn't have any sort of financial ability, they didn't have the rights to create assets
within player-owned economies. So something that I think is the holy grail of DeFi is really
under-collateralized loans. So being able to borrow because of your credit score,
being able to borrow because of your pixel reputation,
these are the things that I think
we will definitely work towards.
And this really answers the question
about capital efficiency, which is
you want to always be able to get the most work out
of every dollar you have.
So the DeFi game is really about that.
And I think at Ronin, you have a place where
people are putting in work.
Players are generating a lot of launch and data.
They're paying back the debts on compound.
These are the things actually contributing to that identity
of yourselves.
And then protocols can actually become the arbiters of their loan to value.
So they can choose to kind of lend out to these guilds. These guilds can choose to borrow more,
kind of participate in greater asset creation and then this could be in, for example, like
breeding more axes and then setting up more infrastructure in that particular game that you like.
So these are all the potential use cases that actually are fundamentally going to help some of these games grow,
help some of these economies really balance out and become more sustainable.
So I think that's actually the final goal here.
So working very hard towards that.
Yeah, I love that.
I actually really, really love that.
It gave me an analogy on top of an analogy
that we heard earlier in the space from Jose,
how rolling is like Disneyland and adding
that sophistication to these practices
is going to be necessary.
And in my mind, I was like, you wouldn't
have Woody from Toy Story rolling around Disneyland
with an actual loaded revolver, right? Things might go wrong. Things might go wrong. So like
procedure and some layers of constraints or control definitely need to be added because this,
I don't see Ronin as the Wild West, as other ecosystems may be perceived as, you know, the sun in Spanish honor.
Either way, I think, yeah, these, these are my mind is racing now.
Unfortunately, we are towards the end of this space, although there is many topics
that can stem from things that I've heard today.
The place in which those conversations can take place is in
the Ronin Network's official Discord, in the DeFi chat. Let's continue the conversation and
if you have visions and opportunities, ideas, there really is a breeding ground for that.
And just from our story alone, you can hear that if you bring talent to the table, if you bring
production to the table,
there is people and there is entities in this space.
And of course you add into the factor now,
hello, we have AlphaGrowth.
There is roots towards being facilitated, right?
It may be you don't have the monetary power
to make your idea a reality tomorrow,
but tomorrow on Ronin, you will have the power
to access some people that do. So shout out to Alpha Grove. Big shout out to Jose for being here
as well. The compound growth account too excited and thoroughly. I'm just, I'm ready, bro. Ronin's
going to do it. I thought I opened this whole space saying I just think everybody that's leaving right now thinks like
XYZ is dead and it ain't and I'm gonna cry and shit. I think they're all wrong, bro
Arguably when the whole world is moving in one direction
And then you start seeing intellectual and very smart
Participants moving in in another direction and normally that direction tends to pay off big time.
But I will close out today's show by saying thank you to each and every one of you guys
that have tuned in.
Big shout out to the Ronin community.
A huge shout out to our sponsors.
Of course, the greatest gaming blockchain on the planet that is soon to be just in all
the greatest network on this planet. Ronan,
they give us the ability to be here and we are powered by them. So huge shout out to you guys.
Also shout out to all the sponsor with the people of Moses. If you want to congregate with like-minded
people in this space, those people that will be utilizing L-RUN, the people that
will be forming coalitions to go and min-max within our gaming ecosystems. People of Moses
is one of those alpha spaces to make that happen. So big shout out to those guys and
thank you for the sponsorships. Again, want to say thank you to Bailey for being here,
you know, in the airport in transit right now, making time to be here and I'm really
grateful that you were. And Owl, of course, lots going on right now, making time to be here, and I'm really grateful that you were.
And Al, of course, lots going on right now,
busy moving around,
but he's still here turning up every single fucking day.
That's the dedication of a Ronin,
and that's what we love to see in this space.
Thank you guys at AlphaGrow for being here.
A pleasure to welcome you to this space,
and I really look forward to the rest of the year
and how things pan out. But yeah, man, this has been the Ronin Radio for you guys. We are back next week on
Tuesday for another show, bringing you more information. If you have been missing out on
any of our recent shows, we are compiling them all to have a YouTube series that gives you the full
episode in post, I guess. You'll were able to tune back in on YouTube.
I don't know why I was trying to say that in more complex way, but you'll be able to tune back in
on our YouTube channel. One thing we are adding to the schedule, ladies and gentlemen, every single
Saturday, your boy and 1437 with the likelihood of Mr. Stark being free and not in a bar on a Saturday.
Sorry, man. That was a digger.
Didn't need to. Anyway, we will be doing streams every single Saturday playing,
exploring the ecosystem and you guys can get involved and help us choose what
games you'd like us to play.
Arguably it's going to be an hour to two to maybe three hours of Theban taking a
shit on my head at how stupid I am in a certain game.
And then by the end of it, maybe I'll be good,
but it's going gonna be our entertainment factor
that we are adding in.
So this begins on Saturday.
If you're around, you wanna chill on the weekends,
we'll be there.
Catch us on Twitch, X and YouTube.
Shout out to restream.io.
But yeah, I hope you guys enjoyed today's space.
Learn a lot.
The future is coming, ladies and gentlemen.
We are hurdling towards it. Liquid
run is now here. Go get some. All right. I love you all. Have a great fucking weekend.
Continue to play your silly little crypto games because there will be a time ladies and
gentlemen there will be a time when you can also say they were wrong. They were wrong.
Thank you for tuning in guys. We will catch you next week. Yeah, you can also say they were wrong. They were wrong. Thank you for tuning in guys.
We will catch you next week. Yeah, you can all fuck off now. I love you all. Goodbye.
