Hi everyone waiting a couple of minutes before we start
Good good, and you I think we can wait a couple of minutes for people to join. Okay, of course
Okay, that sounds great that sounds great
Yeah, do you want me to start or you yeah, yeah, I like you we're on the masa X so so I don't know
Alright, that's great real pleasure everybody real pleasure
I'm Brian. I'm the CMO of Masa and
We are a layer one that's radically committed to decentralization and across all layers of the protocol
got some cool features like like on chain web and autonomous smart contracts and
And I'm here with the with Leo from Dusa, which is a project that we're extremely excited about
and yeah, I mean deuces first a mm on on masa and
You know, they've already got a complete product that takes sort of the best of of masa's
functionality like our autonomous smart contracts
Which can help form the basis of the future defy ecosystem and they're using autonomous smart contracts to improve the yield and defy
with autonomous liquidity and also to be able to
Implement some complex trading orders like dollar-cost averaging and limit orders and stuff that really haven't seen before in the world of defy
So it's a real real real pleasure
Why don't you just start I would love to I'd love to hear well firstly
Why did you start do so like why why why why do you start do say and why why on why on masa?
So just and yeah, I'd love to hear about you and your background as well. Yeah. Yeah. Yeah for sure
Things that we're gonna say again for the people that already know us
But I think it's important to to present that again because a lot of new community members are coming
After the ICO with the ICO currently undergoing on masa
Dusa we we focus many on decentralization of for defy like you said
We started Dusa after winning several hackathon around the world
on masa because we are building the first MVP that we've done without a new smart contract and
We already heard about the most much contract on masa because there they've been already
But we didn't use them in defy and though this hackathon
almost two years ago from now was a was a good opportunity to try them and
We're really impressed and we are we directly saw the potential of it for defy
I think with all among my unbelievable co-founders and
And yeah, that's where everything started
We were really liking masa because of a few technical vision
I think being lead by by free free incredible PhD is like we're so much lucky for that
And that that's why masa is really focusing on the on the technical stuff and on our side. That's what matter the most
Much more focused on marketing at the moment. That's why what we were really liking
At masa and also the fact that that technologies can bring direct value to the current ecosystem
So I think that's the main idea when we started just a year and a half ago now
Yeah, I mean that's sort of why I joined masa as well
It was I was with harmony before and after that imploded with a hack from North Korea for a hundred million dollars
A lot of people had sent me information about their projects, but the tech at masa
Really was was the thing it had a solid underpinnings and they're doing something new and innovative
But you know, I didn't want it just to be a tech forward professor coin
I really wanted something that could achieve
adoption and and product market fit and
So the marketing does matter
But why I still don't know like why I mean like I know that defy is important
But what made you decide to go all in on it like and why like why did you build this?
A lot of people care about it, but they don't go make, you know a big project about it
So why why do so and and also why you mentioned sort of decentralization?
Why does that why is that so important for you in particular?
Because because we think that the main value is if I is bring back my decentralization, of course and
And we're thinking that at the moment a lot of builders are like
Doing a lot of concession on that specific inside
And are creating a lot of of chain dependency for the architecture
And so that's why we're thinking that we needed to to be able to bring a real primitive to the to the ecosystem
We needed to have an architecture that is fully on chain
So that's why we were really attracted by biotonomous mass-confection and what we were able to to do with it
And I think that's really the main point because if if we have like 10 point of centralization in a in a DeFi
Primitive the people that the people will not be able to to build safely upon it
So I think that that's really the the main point why decentralization
Is our main focused beside of the value that it brings of course
But I think that that's why in our team where we are really focused on that side
Well, what are the you know?
What are the pain points of centralization you've seen because I've seen you know
I go to conferences and I see so many people saying yeah
We've solved the blockchain trilem of scalability security and decentralization, but they lie about decentralization
You know, I don't think that masa does in fact
We're kind of the opposite with the Nakamoto coefficient of you know
Of a thousand as opposed to between one and ten and why why does it matter so much for you?
I still I know that that's the promise of DeFi, but what about centralization just really rubs you the wrong way
Because because you have you have I think three main point on that side that that could be really that could really throw back
the efficiency of DeFi applications
Mainly you have you have the efficiency for example on our side
We're currently conducting a lot of tests with our autonomous liquidity
The idea is that by being fully on-chain with our autonomous liquidity
we could be able to bring and maximize the yield for users because we could have like
Not the same latency as enough chain mechanism at the other side
I think which which is the main one is being able like to to be some social resistance
we definitely need to have mechanism that cannot be stopped by anyone and and where people like
are sure that they will always be always be
This this mechanism will still be be active
And and I think that that's really the main point to be to be using
Safely DeFi application while knowing that if you put an order it will always be execute
Okay, so it can't be it can't be censored and it's probably more hack resistant as well
I mean, right and it's more there's the fact that it's using the autonomous smart contracts is what makes that possible
How then aside I mean, how are you guys different than you know, Uniswap v3 or some of the others out there I
Think the main point is that I were used of autonomous smart contract for that side
We are the first one that are able to to bring the same functionalities as a centralized exchange
While staying always decentralized, for example, if you want to if you want to use a limit order on the other decks
It will need enough training status to figure the order on our side. Like you said
We cannot have enough chain enough chain
He said of being act and and creating issues for the user on chain because if if the initiator
Doesn't respond to it doesn't trigger the smart contract the order at the end of the day of the users will not be executed
on our side every order when it's placed are sure to be executed because they are backed by a certain smart contract because
Because you know that the autonomous smart contract is going to check the chain every half a second to see if the
price that the people want to
To do their limit order is reached for example
Or if if you are using a dollar cost average order if you want to buy every every day
You could be sure that each day the smart contract is going to trigger by himself to execute the order of the people
And and that's the main point the main point of differences because at the end of the day
At the moment people are not using
That much defy and are still staying on some thrice exchange because of the comfort that they have
So what we're trying to do is with our use of
Autonomous things and do sir is to bring them the same comfort while staying free decentralized and while having a decentralized experience
Yeah, and the comfort of being on a centralized exchange is not so comfortable when you have things like, you know
Like FTX and everything happening. So if you can bring the full functionality
True comfort and instability and security and peace of mind then we can finally get
More people into defy which will rise all of the waters for everybody. So that's really really a great thing
How far along are you guys in developing this?
We I think we we passed through at least
Four stage of beta testing with the community that started also almost a year ago
And currently we are that we have delivered every every primitive that we wanted on the beta
So user are able to test every new primitive on our juice and our beta that do side at IO
And and at the same time we're currently finalizing our our security audits
We had the news a couple a couple of hours ago
That's our our final report will arrive in around 10 days
So we are definitely pretty close for from deployment and we are currently
psychronizing with his other entities at
Under my psycho system to have like a big successful lunch where user will be able to to provide liquidity
Interact with new sign with also order other dapps at the same time
Okay, so this is pretty a lot's been done in a short time so that's pretty impressive
Being one of the first to build defy on masa then I
Think it's definitely pretty cool
That's one of the reason we we also made that choice
it's because we saw the potential of masa bringing new values and direct values to the to the defy ecosystem and
And and and that that's what really attract us and we're thinking yeah
They definitely have a strong community at the moment and and we're currently building with other builders we without by labs
For example, we were talking I think almost almost each day
And yeah, it's pretty cool to see to see the people that that want to build new stuff
We also saw the last week people deploying new application on masa
Where where we didn't even heard of it before we didn't saw the people talk on discord
So it's pretty cool to to build in order the first break for for defy on masa and already talking with team
That's one to deploy on top of it
And was it was it easy was it harder?
What was you know the was the whole experience like to be able to do it and to use the tools?
I think I think it was it was pretty sport because like you said, it was a pretty short time
To develop on the things that we have developed but but we definitely had
I had a lot of help from the from the masa labs team from the the masa founders. We've been I think
More than weekly talking with them helping us on different points
So yeah, it was definitely a real good experience
And we're really looking forward to to the strong partnership that we are we have closed with them
For the future and continue building an LC ecosystem on masa with them
About this, you know this partnership in the future
Have you set up some kind of strategy with the foundation to bootstrap liquidity at the launch or how will that work?
Yeah, yeah. Yeah, we definitely have
A bootstrapping liquidity strategy that is a that has worked with the with the foundation
I cannot say that much at the moment, but
But the liquidity pools will definitely be incentivized in masa and also induced at the lunch
We're gonna we're gonna reveal different things in different steps
But it will definitely be really interesting to provide liquidity on masa at the lunch
So, how can people participate how can they join the community and and be active in there?
The community at the moment can can also talk a lot on discord
Because because we we had a pretty good system on our discord
That is like an up-and-down system with the discord walls that are going to be valuable in the future
And the people have earned this role by testing the application providing feedbacks
Doing some quest on zili. So we are we are really thankful to the community that spend a lot of time
Alfingers building the application providing feedback to to have the best version of possible that we have at the moment
Yeah in terms of future implication that they can have we're gonna have a new zilis print
That will start a couple of days before the mainnet deployment
and that will last for for at least a week at that time and
And also they they will be able like to to be to be active proactive
And we'll create every member of the community to be reactive on the future do psych community forum
Where people will be able like to to debate about the next improvement of the application
Want to make sure because you've you've talked fast and also, you know, a lot of
What you've talked about is really?
Into the register of people that are super super familiar with with various
DeFi products and the frustrations they're in
but I don't know if we if you want to
Go back and just sort of slowly reiterate the functionality that you have now versus what's planned
or if if everybody listening is
with and has a solid understanding of
What you said and the type of features and functionality that you have and the differentiations between you and Uniswap
We can just sort of talk about the roadmap
But can people like either raise hands or or clap reduce some something whether they want you to go over what's
Available or what will be available at launch versus the next three months or maybe just do that
Maybe just say okay. This is what's going to be available at launch
Slowly and really dive down into you know, double-click on each of those
Features and then and then you can talk about the roadmap. Maybe that would be best
Yeah, yeah, sounds good. Sounds perfect. Sounds perfect Brian. I
Think we can let the people directly ask that question on the on the vocal side as well as asking question on the on the messaging
Okay, do so do you do you so you want to talk about the roadmap or do you want to just open it up for questions
Question, you know to focus on certain points of features for example, and maybe we will wrap it up with a
Next thing in some in terms of roadmap and to summarize what I said before
So do people want to ask questions about the features or do you want to just yeah
I guess we'll open up for questions and that's what you like
So I think we we have some project as I asking question and people that are asking question the charts
So I think I'm gonna go with order
Yeah, yeah people will not be able to to create pool at the lunch
Because because on the first on the first I think
Maximum we are talking in amount of two weeks maximum will not open the possibility for people to create pools
Just to concentrate the liquidity on certain pools by prioritizing, you know
They're they're critical their their criticality in terms of function and future volume that they are going to bring
It will it will come as fast as possible. We just
Thirsty want to bootstrap some liquidity and some pools
Just to answer the mass money question
To answer Roma Gary question. Yeah. Yeah, we we've heard about that. We have taken some
Some we have on legit and we were we were not aware of that
Before before last year and we have taken some measure last year
I would love to to talk about it privately if you want to warm up
And again if people want to drop some question they can drop that in the chat or or took to the mic
Yeah, well, why don't you just then go through a
Go through the the roadmap then, you know, just sort of what what do you expect over the next half a year?
We're gonna release a pretty pretty detailed roadmap for for the for the long-term vision
So I think like you said the best thing will be will be to focus on the free to to to the next six months
So firstly, we're gonna have the deployments that are going to come
We're currently looking at a deployment. We're thinking
With the with the security or at it being being closed
Being closed around around in 10 days. We were thinking of deployment in the following months
We just need to wait my son my son listing
And we will be live at the same time of the bridge and the liquidity pool
incentivization will start from day one
Because we want to we want to have like to offer the best price for people
Directly life and after that JG is to is to open as fast as possible
the ability for people to you know to to debate and develop their idea on
On how we can we can do some improvements on do some
Happening within the next several weeks between you've got the security audit now
You guys launch with the bridge and then there's gonna be the LP
incentivization right from this from the get-go, right
And then anything immediately after that in the weeks after that
The first thing will be it will be opening the pools like what like what?
Much like as you know, I think it's really our our main priority on that side
And after that we will release we will release step by step the autonomous features because at this top only the swap
thing and the core features will be life and
After that we will we will deliver step by step the autonomous features
Okay, so tell me then very specifically at the start you say the swap and the core features what yeah besides swapping
What will people what what core features will be live from day one that you expect from day one?
They will be there will be able like to to do their swaps to provide their liquidity
To do their swaps to provide their liquidity on the liquidity pools
and I think that will be the the two main use case at the start because
And after that after that we will be opening the pools in the following days a maximum of two weeks for that
And yeah, people will be able like to to create and build build on top of do stuff
Okay, and then you're saying that this step-by-step was going to be more autonomous features
So like what like what type of things would be the most imminent?
After you know after swapping and providing liquidity and opening up the pools
The first thing the first thing will be will be the the coming of the governance
the debate forum for that
The governance will not be decentralized at the start it will again
It's so come step by step because we want to have like a long-time vision and how we we decentralized the governance of it
And and after after this this advancement forum
We will make some vote on the discussion forum about the replacement of the of the autonomous features
Okay, so this is this is great. It's all it's all happening. So that's a that's very good news
We any final words or final questions about about about the project or where people should hop on to
Yeah, I think don't hesitate to reach out to us on discord to ask questions
All the team is always available
And and again, I think the the Massa main network was a was really successful
I think more than than 1.8 K 8 K people running nerds on under under Massa network is is so so cool
And we're really happy to build here and I think the message is also really long-term oriented
So so it's a real pleasure to be building around all of those people and and for the last word
I would say a really huge thanks to to all our ambassadors and all our community members that are helping us and
Giving us a lot of feedback each day
Yeah, I have to second that which just basically is what he said, but yes
Yes to all of it. I'm I'm I'm thrilled that the that the mainnet went as well as it did
We were already the most decentralized testnet in the world, I think
and then uh, you know that we had over uh over 1800 and that it went successful on mainnet and
You know the great support we've gotten from uh
From the ambassador's community and uh and from the community at large has been really good. So i'm just
Yeah, really really delightful
uh speaking with you and great really glad that you're building on Massa and um,
Yeah, just keep reaching out to the core team as ever for support
And uh, yeah, thank everyone
For sure. Thanks brian. Have a good night everyone. Bye