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Dotswap Nexus🔥Build the future of Bitcoin with us!
Recorded: May 30, 2025 Duration: 0:58:45Space Recording
Short Summary
DotSwap Nexus Launches as Bitcoin's First Decentralized Exchange, Introducing USDC and Paving the Way for Enhanced Liquidity and Growth in the Ecosystem.
Full Transcription
Thank you. Thank you. hey how's it going guys gm gm
GM, GM.
Hello, hello.
Great to be here.
Hey, it's our old friend, the universe.
Yeah, it's been a while to see you.
Yes, we've been very busy.
This is Miguel from the team as well.
This is Miguel from the team as well.
Cool, cool, cool.
We'll be happy to catch up with you in today's space.
We just had this big announcement.
Don't know if you noticed.
I think everyone did.
DotSwap shows again, continues building,
and lots of good stuff are coming out.
Yep, yep.
Hopefully, this will be the beginning
of many great things to come.
We envision it that way.
Hopefully, it can be that way.
But we're just going to keep building.
No matter what
let's give it another minute
or two, let's get our guests up
here, Omnity
good to see you here, always supporting us
I believe
you guys have
been in
Bitcoin Vegas, right? I think
our farmers has been
yeah it's been good Bitcoin Vegas, right? I think of Founders has been... Yeah.
It's been good.
There's a surprisingly high amount of Bitcoin L2s
and presence for runes and activity for CAT in general.
So yeah, it's been great.
Honestly, it's a little bit of a different Bitcoin this year.
And I think next year is going to be even bigger for Meta Protocol.
So it's really exciting to see.
Sounds amazing.
All right.
Let's see if the rest of our guests are going to show up.
I think we will have Bitmask, Forsat, Cordbit, and maybe Nubit up here.
Otherwise, we're just going to chill and chat here.
The main focus will be, of course, ThoughtSwap Nexus, the big update.
But of course, we can talk about anything Bitcoin, crypto related.
Yep, our space is always so chill and free and don't need to be serious.
Just talk about anything about Bitcoin, crypto.
So yeah, let's fucking go.
Unfortunately, I personally was not able to make it to Bitcoin Vegas, but I heard the vibes were...
But I heard the vibes were immaculate.
Oh yeah, and Hong Kong is going to be even bigger.
Oh yeah.
So Amity, are you currently in Vegas?
Yes, the main conference just ended with a speech from Ross Ulbricht, the guy from
the Silk Road who was freed
by trump recently oh cool oh yeah like the like the ogs i believe uh like a year before
or like just at the beginning of the ordinal revolution there is this uh sat, this trend of buying and selling rare sat.
And you take these rare sat that has its stories, its history,
with all of the events that happened during Bitcoin's history,
and you just collect them like a collection.
And one of them is the Silk Road stats.
Yeah, he's an important founder.
I think it's a shame that these like, we're just never caught on.
Of course, we've known people and teams that have been trying to build on it.
They're being like pitching to us. Why don't we support it? Why don't we trade it?
But I guess the market never caught on to that. Even Magic Unit had a rare stats trading section.
Yeah, they were out at a lot of events this week and inscribing Atlantis Vegas was really productive, but it's a really
different Bitcoin world where Bitcoin maximalists who were before really focused on the negative
parts of other crypto are kind of changing their tune about what that means for BRC20,
for stamps, for alkanes for rooms for everything
it's a it would not be blockchain and it would not be the blockchain ecosystem
if there was not a great divide between the course that the spread that the ecosystem must take and it's interesting to watch the
not only in Bitcoin but also if you consider Bitcoin ecosystem just looking at the
developer discussions on GitHub and whatnot it's a combat of ideas very interesting especially from
a psychological social
point of view
I expected a op return and some other things about like you know default
Bitcoin node config to come up a little bit more but there's still a really high
focus on mining and not as much on software out here.
I'm curious if the same thing is going to be true in Hong Kong, because I know mining is a very big business, but so are Bitcoin meta protocols.
Yeah, I think like the majority or like the foundation of these events is for it's like providing a platform
for the mining business so you have miners if people who want to join the mining uh business
but then of course uh they they seem kind of boring and and you just you just like walk right
past through their booths through their uh panels but But then the real exciting parts are the rest of the builders.
So you have the wallets, the layer 2 builders, the meta protocol,
you even have meme coins, NFT teams.
And those are the real fun parts in these real-life events.
And of course, we have the innovators the the builders it's it's rare to see people like actually
give out uh like interesting uh talks speeches uh panels but uh i guess uh i i was fortunate enough
to see like casey rodimer uh like face to face in a lot of these events and he always give the best talks and like similarly
many of the the builders they actually give like the the best uh soundbites and answers because i
think a lot of it is one they're like more community like, like they know what the actual users, what the retail traders,
what their experiences are like when trading in the Bitcoin ecosystem.
And they can, so they're more relatable on this one trying to say.
You know, next time you walk by one of those empty mining booths, you can ask them about OpraTurn.
I did that for every chance I had to talk to a mining company.
It was an interesting experience.
They're usually like not prepared for that discussion, but, you know,
getting them to think about OpraTurn data is an important part of their
business is just good for us in the long run.
You know?
Yeah, Of course.
And we have Norbert from Newbit.
Don't know if he can
make it up to the stage.
If you can come up here,
you don't have to talk.
Just represent.
And I think let's give it
like a minute or two.
If not, we're just going to kick off.
Yeah, I think Norbertler's in the air,
so he might not be able to speak,
but he can be the listener.
And I think this week is going to be
a super busy week for many teams.
So they may not attend our space on time,
but don't worry, we will begin our space
with or without them.
They can join our space anytime.
So maybe wait for one or two minutes
so that we can start our space.
And guys, please follow EbiXo,
who's been working very hard, very diligently
setting up these spaces,
talking to our friends, making connections.
And please follow Omity universe who's been uh
like with us for for a very long time and repost comment like this space let's get more people in
if not let's just uh get it started
yeah we are the same team to build DeFi and build our space now.
So I will start the space right now.
Hello, everyone.
Welcome to this week of EB Show.
I'm EB, thrilled to join you again in this space.
Have you been following Bitcoin Vegas?
The Bitcoin conference in Las Vegas has already made this week extraordinary.
We have seen many teams making noise this week, including our speakers today, DoSWAP, Universe, Omniti, and also Newbit.
And this week's space is equally exciting as we dive into something you've been curious about,
the new version of DoSWAP, not V5, but Nexus,
the first true DAX in the Bitcoin ecosystem.
So before we kick off things in this space,
let's have our guest introduce himself briefly.
So let's let our protocol list today.
Doorswap, go first.
Thank you, thank you.
Thank you, EB, thank you, our host.
This is the Everything Bitcoin show.
We've been very honored to join everyone because we sponsored it.
But anyway, thank you everyone gm uh whether you
just uh came back from the bitcoin figures conference or you're just uh chilling at home
i'm happy to have you here i'm chi i'm currently uh working as the ecosystem lead here at dot swap
and it's a great honor to represent dotap at today's show and connect with so many old and new friends in the Bitcoin ecosystem.
So, .swap, we have this vision, it's always been clear and steadfast.
We're committed to building a truly native, trustless DeFi infrastructure on Bitcoin. And we believe Bitcoin's potential extends far beyond just
being a store of value. It is fully capable of supporting a thriving DeFi ecosystem where
users, market makers are actually in control using the most powerful and decentralized blockchain
there is. And today, we're excited to have this opportunity to discuss our
latest milestone with you all, which is ThoughtSwap Nexus. I think this is a critical step towards
realizing our vision for the first time on Bitcoin. We can actually enable truly decentralized
market making and liquidity aggregation. So yeah, we're ready and we're looking forward to answering any questions you might have about Nexus.
I'll be talking about it all today to help you fully understand how it's set to open a new chapter for the Bitcoin ecosystem and DeFi on Bitcoin.
Cool. Thank you.
Cool. Thank you, Daweswap. And next, the BTC5 Hub and Bitcoin on-chain infrastructure. Omniti, why don't you say something? Hey guys, this is Sheldon behind the account. Thanks so much for
having us. It's been a really busy and full week at Bitcoin Vegas. And I think it's going to be even bigger for us next year.
And I say us, I mean everyone on this call.
I spoke with the Bitcoin Magazine folks.
They're the ones who put on the conference.
And they did want to do more with Meta Protocols this year.
But they got a little nervous.
And there was some more difficult business deals to work out.
But that means that we've seen what it's
like. We've tested the reactions of the market to get something more than just sats into the
hands of Bitcoiners. So I think it was a really productive year and I could say a lot more about
it, but I'll keep it pretty limited just to say that it's been great to see so many builders and
it's been great to see so many users that are, you know, seeing the future of BTC Phi.
it's been great to see so many users that are, you know, seeing the future of BTC Phi.
So our open source product and our on-chain infrastructure is something we've been offering
to lots of different folks. Some of them, it's not really a fit, but a lot of them see that the
kind of tooling that needs to come up to, you know, make a vibrant ecosystem and a strong,
you know, marketplace of different ideas and different tools, they're seeing it come up. So there's a
new day of Bitcoiners seeing runes and stamps and stacks and ordinals and alkanes and all kinds of
things. They're being viewed a little bit differently than they were a couple of years ago.
So it's great to see the growth in Bitcoin ecosystem and especially the focus on runes,
because it has certainly been the top fungible asset that anybody knew about,
whether they were political press who showed up to do interviews or just regular folks who work on mining.
The knowledge of runes is expanding greatly, so it's been an excellent con.
Thanks for having us on.
Yeah, thank you, Omity.
It's been a really busy week, but it is worth to build our ecosystem.
So next, our guest, Universe.
Hello again, guys.
Thank you for hosting this amazing space.
It's always useful.
The community needs to learn more about what you're all doing.
That's how we spread Bitcoin and blockchain technology to even more people.
So we are part of the Bitcoin universe
we've been working non-stop in the last well since we exist to support as much as possible in the
Bitcoin ecosystem protocols tools and technologies in our platform also the wallet, of course. So create a unified, efficient experience
and seamless for everyone.
That's basically us.
Cool, cool.
So let's dive into our topics today.
First of all, thank you for your introduction
and why not let our DOSWAP Nexus
to first introduce us about the Nexus, the whole thing.
They ask give us a first impression about Nexus.
So that we can give some questions for you,
anything we want to know.
Yeah, right.
Yeah, thank you for doing that.
But I think most of you who joined the space is curious about the biggest topic today,
which is .swap mixes.
I think that's why you're here.
We hosted a Mandarin space the day before.
If you know Mandarin, just go ahead and go, when there are a lot of like really thought provoking
and good questions were asked and answered there.
But I think I'll give you all like an overview
of .swap nexus, like a gist of what it is.
And that's what I will start with.
And so to simply put, .swap nexus, It's like a gist of what it is. And that's what I will start with.
So to simply put,
DocSwap Nexus, we call it the first truly decentralized liquid digital layer on Bitcoin network.
And what does that mean?
So it allows users to directly trade Bitcoin assets,
the well-known ones like BRC20s, Runes, Cat20s, and maybe in the future we
have Stacks, Stamps, Alkanes maybe.
So we allow users to trade it directly on the Bitcoin mainnet without trusting a third
party or without their assets ever leaving their own wallet. Imagine this, so you can trade on Bitcoin as smoothly and as decentralized as you would
on other mainstream DEXs on Ethereum, namely like a Uniswap.
I think that's basically what DotSwap has been trying to do, and we have actually already achieved this.
Our trustless swap feature has been live for nearly one to two years now,
but the old users or the researchers who have studied .swap know that we essentially shifted the issue of decentralization or centralization
the trust issues from the traders to the liquidity providers so as long as the liquidity providers
trusted our multi-six solution and deposited assets into like this vault managed by multiple
keys multiple parties then the traders on dot swapwap would, they could transact without,
you know, seeding control of their Bitcoin assets. And all of the trades are built on Bitcoin's
native functions and then verified on-chain by the miners. So we shifted the risks, the security
risk from the trader to the liquidity providers.
But the goal of Nexus or of Dobswap,
we're trying to build a DEX here, a decentralized exchange.
And having this multi-sig scheme,
I don't think we are too proud to say that there is still this kind of centralized component in it.
So the goal of Nexus is to completely address this pain point.
And of many Bitcoin asset trading platform,
the pain point that they have, which is the users either have to give up their private keys
or deposit assets into a platform or custodium,
thereby losing control of their assets.
Or they try to rely on various cross-chain bridges, layer twos.
Not saying they're good, but they kind of introduce these new trust risks or new complexities.
We hope to provide this Bitcoin ecosystem with a more secure, transparent,
efficient, and most importantly, a truly Bitcoin native, Bitcoin-spirited trading market and
liquidity solution. So explain like I'm five, from now on, if you want to provide liquidity on
DotSwap, you don't have to hand over your keys, you you want to provide liquidity on .swap,
you don't have to hand over your keys,
you don't have to hand over assets to us.
You can run your own server node,
you can download a .swap instance,
you can manage your own private keys,
and you can still create pools and earn fees
and points on .swap.
That's the vision.
Oh, this sounds pretty cool.
So are there any successful example for you guys
that already added liquidity for DocSwap Nexus?
Yeah, I've already pinned them up here.
Like the first...
Oh, I wanted to mention there's another huge news, which is we have asset rooms on Bitcoin, thanks to StarkNet.
So now we have USDC's on Bitcoin.
And of course, they use their own bridge, which is a layer 2, a StarkNet, and that bridge,
which is like they have 100% backed USDC from the StarkNet. Then you have like this
in the form of rooms of stablecoin USDC on Bitcoin. And we use that and we add it to
added to .swap. So the first liquidity pool that is decentralized, that is a non-custodial
on .swap, is a Bitcoin and USDC pool. And then from there, we have two of our most closely,
two of the teams that we've been working very closely, which is MIM, MagicBandMoney.
They have both a USDC pool as well as a BTC pool, and they are non-custodial.
They use Bitcoin. They use Dotswap Nexus.
They run two of their own nodes, and they provide liquidity.
We're putting up here.
We're going to push that hard because hey who doesn't like
decentralization and then i believe we have uh real mine who also created a mine mine mine
uh room pool against a btc which is also like non-custodial they ran their own notes they
they were able to set it up within the day.
were able to set it up like it within the day of course they ran into some issue but
Of course, they ran into some issue, but they were quickly to set it up.
So if I want to get some USDC, where can I get them?
Besides DOSWAP, is there any other space room or any platform that I can get USDC?
I think it's the only way.
It's either you trade on .swap, the USDC to Bitcoin pool,
or you use Xers and you swap it into USDC start net,
which would eventually go through .swap.
But I think, yeah, this is the biggest place
where we have the
biggest liquidity for USDC on Bitcoin. The SarkNet themselves, they are working on a bridge,
which if you have USDC on other chains, you can use the bridge and bridge it to Bitcoin.
But of course, we're not trying to build a bridge here. Maybe in the future, our focus is to have these amazing assets that are already on Bitcoin
and we try to make users trade them easily.
We try to make liquidity providers have less concerns when trying to earn from their actions,
from their liquidity provision.
Oh, that sounds pretty cool. So now, DocSwap Nexus is now in public beta, which liquidity providers
from the runes community and other teams participating. So what key metrics or feedback will help you
optimize the protocol?
And what specific features can users expect
when participating in this public beta?
Well, it's in public beta now.
I think, like, we're really excited
for this upcoming public beta because we're able to get
and it is a reason it is a like uh a reason for us to for the liquidity providers to listen to us
because before when we tried to pitch us hey why don't you put money into our hands, but it is not a safe, but it is safe, I assure you.
That kind of turns a lot of people down.
And right now, with this decentralized liquidity solution, I believe it is a great opportunity
for us to talk to more people, to reach out to more Bitcoin-minded, essentialization-oriented builders, market makers.
But I think to ensure that Dotswap Nexus has a success public beta, I think there are like
many key points that we need to work on. Of course, first, we need a strong initial liquidity partners to have this great initial reception or stats.
And as I mentioned before, we collaborated with many of the Runes community,
Magic and Money, the most notable one.
And I think these sufficient and diverse initial liquidity pools
is crucial for this co-, for the user experience.
And then, of course, we need more testing and improvements of the beta features.
We try to ship as fast as we can, but of course we have to ensure the experience is complete as a whole.
And we need to find many, you know, as we work with the liquidity providers who
created those pools, we ran into many issues that we didn't see before. So yeah, those feedbacks
you mentioned are very important so we can better hone our experience.
And then after that, there is the security audits.
We've talked to, so before this launch,
we tried to pitch it as like the version five of ThoughtSwap.
And we talked to many, many, many teams.
And they all point
to this one issue, which is if you try to do this, if you try to have the liquidity
providers run their own code on their own server, then there is security risks.
There is risk to the codes, to the structure, to the server, to the web service provider so you really need to get this down you
really need audits you need to run tests meta play tests so that is the next
thing that we will be working on we will have this review of our codes code
audits it's not a smart contract audits because we don't have smart contract.
It is off-chain, the structures.
Yeah, and we will have Red Team, Black Box,
White Box audits to all of our codes,
all of the structures,
and we will,
which I think will be essential to talking to more teams. And of course, we need better user guidance and community support.
We will provide detailed tutorials, videos, memes, guides, FAQs, try to set up this dedicated educational
channels in our community to help users smoothly participate in the public beta.
And I think those are the key things that we will be working on. And the key metrics that we'll be
we will be working on. And the key metrics that we'll be focusing on, which is, of course,
the TVL. We're trying to get the liquidity pools as deep as possible.
Yeah, I think you guys are so, so ready for this huge bump coming up. So I will drop the mic to Universe and Omity.
Do you guys have any thoughts about Dorswap Nexus?
Universe?
Of course.
I think it's a turning point in the ecosystem,
to be honest, because
the full decentralization, we are moving towards this scenario and this step it's going to enable a lot of more secure more independent activity on the
chain people it's self-custodial people hold their own keys their own crypto it's bitcoin native and it's
also taking advantage of the deep liquidity so we think it's definitely a game changer in the
ecosystem it's going to propel it forward so we're eager to see this the more complete developed
vision that you guys described
hey universe i wanted to like uh like catch up a bit on your,
like the product that you tried to push. I believe you're like one of the first,
maybe not the first, but you created the best telegram bot using .swaps APIs,
like telegram bot using dot swaps APIs
and you put out the best product out there in the market.
So is there any news to that?
How, like what can users do with your dot swap telegram bot?
Yes, indeed. Thanks for asking the question so the bots the bots allow allow one of the value propositions for example is to provide a certain degree of automation to users to be able to deploy
their funds and let the bot operate and this uh this is a valuable tool for
this is one of the valuable tools for people who want to engage in the dynamics of the market for
example it's also it's something to keep you to keep an eye out for it's also a sign of the power
of partnerships within the SQL system.
So basically users would like interact with your Telecom bot and then get this,
like the bot operated auto wallet
and they put some Bitcoin in it
and then it starts trading on its own, right?
And it interacts with DocSwap's API.
Exactly. Yeah, and I think right now it is only a trading
bot. I think you mentioned to us, you flirted with the idea of it being able to provide liquidity on
ThoughtSwap. I think it never came to fruition, but I think after the ThoughtSwap mixes update,
it could be very well integrated into your Telegram bot.
Because right now, there is an opportunity for you or your users to not have custodial wallets,
but have their own wallets when doing this.
So maybe they interact with your bot and you help set up a server.
They have the ultimate control to their server,
but you make the experience as easy as possible.
And then everything works through our backend.
It connects to the Dotswap Nexus,
which is this routing for all of the liquidity out there.
And I think there is really something here.
Absolutely.
You guys are giving us creating more valuable tools
and ways to interconnect the ecosystem, as we said.
So this definitely opens the doors to what we can create
and helps us bring creativity and imagination closer to implementation.
And so, yeah, there's definitely going to be a lot of benefits for the users.
.swap Nexus is a game changer.
Thank you for the kind words.
You guys are all game changers, let's say. So I'm curious about Omniti what you guys have announced
in Vegas conference
so we were hoping that we could do
like a beta launch or limited
initial launch but we're on testnet
with an ordinal fractionalization
product right now so we've been
talking about that openly and we're
excited about plugging that into our
liquidity strategy at
RichSwap,
which is a little different from Dotswap, but that's okay.
And we're focused on a handful of different things,
but they are basically all just bringing more foot traffic to runes.
And runes, runes trading is one of those things that is technically a little bit difficult,
but I think we've all been working on it to streamline that critical piece. I think
any of us who remember ERC20 tokens around 2017, that they really, really took off when people
could not just trade ETH for them or not just have to use WETH when they wanted to use ERC20 tokens.
So I think the same kind of growth is happening now, and we've been starting to talk about it publicly here. But I know that there's a sort of macro design thing when it comes to liquidity in runes.
Liquidity in different environments has different challenges, but with runes, it doesn't have
a history.
It's still relatively new.
So the way that we design our liquidity protocols as a community, as all
of us, each other across our projects, it's not the same and it's not going to be the same for a
little bit. So I think there's a lot of interesting features, functionality, focuses, priorities,
whatever word you want to pick. This cool stuff that we're putting into the liquidity protocols
right now, liquidity parts of our products.
So I'm seeing an interesting release and feature from Dotswap. So I'm excited to see how that goes.
We also recently launched a Bitcoin donation. So the address where runes are held in liquidity on RichSwap is an address that you can just on your own donate if you want to rebalance the pool and
you don't necessarily want to LP new runes, then you can just deposit some BTC. So we've been doing
some interesting stuff, integrating that and integrating the runes exchange environment with
our decks. And that's been really productive. But the purpose of our swap is to enable the
other products that we're working on. So it's different from .swap and the way that our products are designed.
And I'm really happy about that because I think we complement each other really well with different focuses.
So it's been great to talk to different folks here at the conference, especially about it,
because only a handful of people really understand what that challenge is in doing Bitcoin-based liquidity.
that challenge is in doing Bitcoin based liquidity. And I think that, you know, there's maybe five to
10 different ideas and products and how we get this done. And they're all getting more trustworthy,
more decentralized, more efficient, more fast, and just more fun. So I'm liking the progress
very much. And I think there's a wonderful future right in front of us where we can keep building and keep doing interesting things and you know see how the market plays
out among different groups of features absolutely it's different we have different approaches but
that's okay because at the end of the day we're all trying to make it more decentralized uh
to make it more decentralized as a whole.
I believe before I talked to Sheldon on the call, on the private call, and I was excited
and I also flirted with the idea of this decentralized market making plans that we have. We decided to ultimately make the routing, the communication between the market makers and the users to make it off-chain.
Of course, there is this brand, like the year before, we have Layer 2s, we have a different chain trying to bring more scalability, more speed to the Bitcoin
medical protocols or trying to shift the limitations, trying to solve the limitations by introducing
this new layer.
We like the idea.
We never saw anything too suitable.
Omniti network or the ICP is something on the top of the list because it is different from any ERC20 chain.
It has smart contract functionalities and it is more similar to the Bitcoin itself so we considered it but
we ultimately decided to go the other way which is we have all of these amazing uh
Bitcoin native features which is the PSPT which is in itself like a like a bare minimum of a version of a smart contract and we try to use it to do the best we can. We
build up PSVDs for multiple market makers and users and we spread that quote, spread that
PSVDs inside the .swap nexus which is like this off-chain network between market makers,
between .swap and their users. And I think we are on to something great here.
I don't know if you guys remember when Casey Rodimer put out a blog post, which is like
decentralized matchmaking or whatever it was, which is called
light pools. It is basically the market makers or the sellers put out this quote of a UTXO.
They're saying, I want this much BTC for this ordinals or this runes or any other assets in meta protocols, and they spread that quote to many different nodes,
many different third-party indexers, service providers, and they have this like standardized
way of formatting that quote and they're able to update the prices very quickly.
And they allow users to adjust their prices, the sellers to fill up their orders very quickly.
And that is the major inspiration for the Dotswap Nexus.
But we think we can do better than that.
So instead of just updating the price of a single UTXO, why don't we use it to update
the liquidity, like the K value of an AMM swap, of an AMM liquidity pool?
value of an AMM swap, of an AMM liquidity pool.
In that case, we can take advantage of the automated market maker swap experience to
the best we can while keeping it on Bitcoin natively.
So the liquidity providers, they are essentially holding their own keys and they say to .swap,
hey, I have this much of liquidity I want to add and I can update that anytime.
And only when the swappers come in, then the .swap users are creating this PSBT for the signers
to sign each part and then we broadcast the transaction.
So what does us here is collecting these messages, quotes, intents, and then setting up a
buy order, a sell order, and let everyone validate and sign in and then broadcast.
That's what we do. It's very essential.
But I think there is opportunity for us to consider a potential for us to work together here because
there is this off-chain component and some people might not like that. So maybe in the future we can have this instance, we have this branch where we use maybe ICP, maybe Omnit,
maybe other ways that we can introduce smart contracts that is on-chain,
while still having this structure that is ultimately going to settle using PSPGs on Bitcoin.
I don't know if you catch any of that rant,
but that's my idea.
That's super cool.
I think this is a kind of great minds think like,
like KC dropped the thoughts and Dotswap took action
and make the thoughts done and make it real life,
make it be able for users to use.
So I think people can easily ignore the hard work
behind all these achievements.
Like I think it's been like a whole two years
for Dotswap, right, to make things like this.
And I think it's not only DoSWAP, but also our friends, our mates here, Universe, Omnity, and Newbit.
It all took many, many years and many, many efforts to achieve the achievement they have made now.
So I think we need to applaud for you guys.
You guys really made some great shit.
Yeah, of course.
It's hard work trying to make it here in the crypto space,
even more in the Bitcoin ecosystem.
We built for like a year, and i think not at a profit
and only some good traction like one year into the ecosystem so yeah for those who try to build
i would suggest either you look for a fund you raise first or you have like you have this like very uh committed you really think
you have you're onto something bigger otherwise it's a hard world but we like taking a hard role
because we we we were well like rewarded with with efforts with the community that we built
the community that we built with the reception that we received.
Yeah, it all pays off.
Yeah, Rome was not built in a day.
So I think it's time for us to start a QA round.
If you guys have any questions for any speakers here just
raise your hand and ask the questions. And I see Odin is the speaker now so do
you have any questions? I did have questions but he honestly answered all
of them. It was well thought out, well said, well spoken, man.
Do you have any plans coming to Bitcoin instead of Solana?
Man, look, we are here for the long term.
We're open to expanding to all the different blockchains.
It will happen eventually.
Our dev is, he's the mad scientist.
So keep an eye on us.
We will be here for the long term.
And you will be seeing me in your spaces a lot more often.
As long as you keep having them, I keep showing up.
So thank you for having me up here.
Thank you for having me.
Thank you to be here and join us as a speaker.
So I think there is a saying goes around our community like Rune Jewel.
So is Jewel going to be the month that all Rune tokens to be explored?
I think of course many people,
many teams are targeting the Bitcoin Vegas
as like this pivot point,
as this turning point for their product
that they try to announce many big things here.
This will be the start of many good things to come.
Before we have DOG on Kraken, we have Bitcoin reaching all-time high, and we of course believe
something big is going to happen here. That's why we announced Dobswap Nexus. At this time,
at this time, we think people are looking into coming back to Bitcoin, whether it's with their investment,
whether it's the users coming in, whether it's more builders coming in.
I think this is the best time for Dotswap Nexus the best time for runes for the Bitcoin ecosystem as well.
Yeah, let's go bullish together.
Runes are going to give us some surprises in the next month.
Runes are going to give us some surprises in the next month.
It's a feeling.
It's appealing.
Yeah, and we have big institutions like StarkNet
with their USDC asset runes launch.
I don't think people are talking about it enough.
Well, we have stable coins on Bitcoin now. Before we thought
it was Tether when they announced it's coming to Lightning Network with USDTs, but USDTs
is ahead of them right now apparently. And they already have the credit pool on dot swap which
is like the only way you can uh have access and get your hands on some stable coin uh usdc backed
stable coin on bitcoin and so yeah go ahead and check them out we may have something uh
some marketing campaign or maybe some events related to that in the future. So please, of course, stay in tune.
I think compared to other tokens,
stablecoin is not so familiar for people to get along with.
So maybe could you share a little bit about it?
Yeah, of course.
With the validity of cryptocurrencies,
it is hard for business owners or for institutions
or enterprises to anchor their profit in a stable coin,
even if it's Bitcoin.
So the need for a stablecoin, for these stable assets, low-risk assets, will always be there.
And the demand for it may be even larger in the future. So this is definitely something
many
themes are trying to
get into.
Cool.
So is there any questions
you guys want to ask? Just raise your
hand and drop it.
Or I think our space
is going to end.
Dude you guys literally have everything planned out there's no questions to ask
you went over everything.
it was very insightful very detailed very detailed
on a more lighter note i'm curious if within a couple of years we're going to be asking
we're going to be complaining that the current bitcoin price is uh the latest crash or not
Is the latest crash or not?
No, only up.
No crash.
Only up.
That's the spirit.
Now, I would like to ask, why do you guys like Bitcoin so much?
Is it because of the long-term investments?
Is it because of the future possibilities of it um just just out of curiosity i like hearing everyone's opinion
when i ask this question i think it has to do with like how much we like risk right the fians
uh they can take they can take on some they can take on more risks because they want bigger profit, they want that dopamine hit.
So they need quicker trading time, more volume. So they would go to Solana, they would go to
faster chains. And for some people, they don't like too much risk and they have time. They think you need to hold long term.
So these people would eventually go back to Bitcoin because it's the mother chain.
It rewards long term holding, long term huddling.
So I think that's part of it.
And you can see that in many of the community, like the projects, the team here.
It's very community oriented even if
the price is not good everyone is still active posting memes and whatnot trying to build and
i think i think that's that's that's basically what it is and i agree 100 it's for that long term investment many people honestly treated
like a bank and that's why I believe that the project that I'm representing
is the first project on the Solana chain that's gonna prove that and on board many other people
hopefully not to other you know bad Solana projects but this this project
right here we we were building we're building an ecosystem we're building a
tribe a dynasty and I look forward to you know hopefully you guys taking a look
at what I represent because that is what many of the investors that invest in Odin look at.
It's a long term, the utilities that we have to offer, the expanding, the march, the future of what we're building right now is just a foundation, building a solid foundation.
Check this out if you guys have time.
Yeah, definitely will do.
And if you have plans, like expanding into the Bitcoin ecosystem,
whether it's rooms or any other method protocol,
I would recommend rooms because it's like the best for builders to build on.
But if you have the plans, please check us out.
You can run your own node to provide liquidity.
You'll need to put money into any other people's hands instead of the set up the
server download our codes then you're running talks about nexus your any fees
to provide an equity people have people have place to trade so yeah definitely
check us out yes sir look man I'm already in talks with partnerships and all that when it comes to runes and all that good stuff, man.
Telling you, man, we're building a dynasty.
But all the work has to get done first, man.
We're still working on the foundation.
We're just five months old, and we plan on taking over.
You will be seeing us a lot more.
We're about to become a household name.
Looking forward to it. And I believe Bruins are going to take over. Bitcoin is going to take over as well.
We're just riding the wave. I think that's all the time we have for this space.
So, E.B., please, can you wrap us up? Can you give us all the shout-out?
Sure, sure.
So you guys just spoke about the reason why you like Bitcoin so much.
And for me, I like the spirit of Bitcoin, like trustless, no need permission,
no need permission, everyone can get involved.
everyone can get involved.
And I think the reason why I keep continuing
to put my interest in Bitcoin
is that I keep seeing teams like
DogSwap Nexus, Universe, Omity, and all these projects,
they took their responsibility to keep building ecosystem.
That's what I see.
And I think that's very, very good for many people who keep coming in our ecosystem.
And thank you guys for an incredible talk today.
And remember to follow Dotswap for their Nexus News
and Universe and Omt and Newbit and Odin.
And Dotswap Nexus is truly paving the way as the first
decentralized decks. To everyone who turned in and participated in our space, your energy and
curiosity made this EB shows unforgettable. So if you want to keep up with these pioneers in this
space, just remember to follow them and don't forget to shout out to them and keep watching what they keep doing and this wait for the bullish coming. So stay curious, keep building and see you at the next EB show. Thank you guys.
Thank you all.
Thank you guys. Thank you, guys.
Until next time.
Great work, as usual.
