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Exclusive Pours for BUIDLers
Recorded: Aug. 23, 2025 Duration: 1:05:18Space Recording
Full Transcription
gfgm how's it going hello are you doing well
hello can you hear me
So we are connecting also from LUNCO account.
Should be online in a second.
Yep, okay.
You can hear me clear and well?
Sorry, could you please repeat the question? Yeah, I was saying if you can hear me well.
Yeah, everything is well.
So I believe let's wait for a couple of minutes for the people to join.
Yeah, sure.
We will wait for them and we'll start, I think, in five minutes, something like this.
Perfect.
Or, as we say in Formion, perfect.
Oh, the linko disappeared uh yeah
and yeah we need to reconnect from another device i will be there shortly okay great late yeah let's wait uh five ten minutes and we will start this uh ama slowly
okay Thank you. uh we have request a speaker or access from uh account could you please allow yeah yeah and do
do you hear me yeah jim jim i hope you're doing well
i hope so too um so how is your day starting
well perfect yeah it's a good day here a lot of fun and yeah good MA incoming Thank you. Okay, for those who just came, we will this uh little ma uh in a few minutes so
in three five minutes something like that so
perfect Perfect. Thank you. I think we will slowly start. So welcome everyone to this new MA.
I'm glad to have with me Hyper Desai.
We will talk about Ferominion, something really big coming
and already here, I will say.
We got also Lunco with us.
So this space will be focused on them and on Deci.
If you are not involved in Deci yet and you don't know anything about this,
don't worry, we will explain everything.
What is the differential science and why it can be huge.
It's really special for this one because we will give 50 USD directly to the listener.
directly to the listener.
So yeah, we will get some questions directly on our Telegram.
So feel free to bring your friends.
Feel free to join our Telegram,
the Telegram of Hyperdesign and the Telegram of Origo.
The question will be there.
So it's like first come, first serve.
If you answer the fastest, you will earn the reward.
There will be five questions.
And so five rewards of 10 USD directly after this space.
So as you know, I will start this EMA with an intro story
about this just to show you use case and how it can be huge
and how it can help the real world to just slowly let the listener come and after I will
straightly dig into like ask some question about what is hyperdecy, which token they launch and why they launch it,
and about RunCore as well.
So yeah, guys, welcome aboard.
So the intro story of this day is like,
you obviously know about this, but back in 2020,
during the early months of COVID-19 pandemic,
the virus, but here is the problem.
We all know that everyone was talking about that.
Every scientist was talking about that, but a lot of critical research data was locked behind expensive paywalls.
A lot of critical research data was locked behind expensive paywalls.
For example, many journals were charging 30-50 USD just to download a single scientific paper about Covid,
even though the world desperately needed open access to that information, because it was crucial at this moment.
We all knew that this delay and restriction made collaboration between researchers slower at the exact moment when speed mattered the most only after a huge
public ratio did some published out of poverty make covid's paper free to now here is the case
with this high model if the decentralized science had been in place,
it could have helped about the research data.
I mean by that, it could have been shared openly on chain
from day one.
Scientists could have been directly funded
by the global community instead of waiting
instead of waiting for bureaucratic grants.
for bureaucratic grants.
We could have like tokenized incentives
and yeah, it could have rewarded teams
for sharing early findings
instead of hiding them behind payrolls, you know.
So I think it's one of the perfect examples
of how Decyde, the Decentral Science,
isn't just a cool idea.
It could literally save lives
by making science faster,
more transparent and more accessible
when the world needs its most.
So today we have two beautiful guests,
Hyper Desai and Lunko.
I'm really glad to have them.
Thanks a lot for being here. And I will just let
you introduce yourself, guys, because you know better than me your project, even if
I already dig it. But I will go deeper on the information after. So yeah, I just will
let HyperDecide start first. So if you can give us like a quick summary
about what is Hyperdeci, it would be awesome.
Thank you so much for being here.
GM, GM, thank you so much, Arrigo,
for hosting this session.
That's Rod Mammin, founder of Hyperdeci
behind Hyperdeci PSP. I'm a space engineer. And while sometimes I feel that maybe it's a bit
like I'm not sure if I could call myself a scientist, but a while ago, thankfully, Musk tweeted a post that there is no such a huge difference between engineers and scientists.
So I believe I am a scientist.
But yeah, a while ago I decided to dedicate my life to space exploration and I've spent several years building robots for the moon
and I've learned a lot about the current system.
So getting back to your story, it's crazy, but if you take a look around you,
you will find a lot of things that were engineered by people.
Like screws, bolts, everything around you were built by people.
And the crazy thing is that not just scientific papers are behind paywalls,
but also all the specifications for the things around you, they're also behind the walls.
So if you want to build something precise for the moon, for example, you would have also to
pay tons of money to get to each and every single specification. So
and every single specification.
So, with that understanding a while ago, I decided to start HyperDecide to address those issues,
to find the novel ways how we could find things like science, things like engineering make them open source, yet profitable for
everyone who are involved in the process from those who create that to those who use that.
And at HyperD sci last year, we started HyperD sci around a year and a half ago.
We have conducted two so-called quadratic finding rounds heavily
inspired by gitcoin and now we are also holding a round for decide projects on artisan fund
and with all of those experience of giving away grants to science project we came
you know we grants to science project we came to a framework that is called the ccjf
and uh the framework it's a bit uh complex uh to to how it works so that framework allows
projects to get uh in a truly decentralized manner and the core
in a truly decentralized manner and the core
uh the core part of the framework is having a token it's actually not a token it's a coin
uh in the sense that most of the supply uh actually 80 percent uh was put to liquidity pool so we have minted the coin two weeks ago and around 1.2 percent
of the coin would be given away to decide projects in the form of a convertible grant
meaning that the projects that would receive support they would have to pay back
uh to to the community uh we envision several ways how it could be done but yeah happy to go
into details uh of all the furmione and hyper the same mechanics uh but before that i believe
for me on and hyper the same mechanics but before that i believe i'll let lungo present itself
hi guys my name is vina father i'm a chief operation officer of lung comp and i'm excited to be here. So thank you, Ariega, for your invitation.
I am myself a planetary scientist.
And everything you just told us in the beginning
touched me as well.
This is really a problem.
For example, my research on Mars
has been stuck in terms of publications
for a couple of years.
So together with ROT, we are now trying to change the situation
and attract as many projects as possible to reduce the time of the implementation
of our long-term goal in LUNCO.
So to speak, it's a lunar base by 2042. And space is a multipolar area, and any specific research in one way or another concerns the space exploration as well,
and brings benefits for both on Earth and accelerates us towards space exploration and species.
So I'm really excited to start to explain our formal mechanics
and I give my work back to Roth, I think.
Thank you so much both of of you, to present yourself
and your project.
It's really interesting.
So yeah, I'm really excited to go and to dig
because I've made some research on what is
ferminion and the token behind,
and about Hyperdisa as well, and NUNCO.
And I know that you're really involved
in science world before. So your point of view on all the questions that I will ask will be really, really interesting.
And just to let you know, just a reminder guys for all the listeners who are here,
go straight into our Telegram, into the Origo Telegram group and the IPERD site telegram, it's directly on the Twitter page.
We will give 50 USD directly to some questions
that I will ask soon.
So yeah, listen, you will have the opportunity
to affirm some rewards directly by answering on our telegram.
So thanks again for being here.
And we will start with my first question.
So I was wondering, like, just to go and
to introduce what is the commission of HyperDecide decide you already talked a little bit about this
but i want to know more about uh fermion uh and yeah how does like fermion fit into the mission
of hyper decide yep that's a great question so uh hyper decide uh it actually the term comes from the idea of hyper structures and
hyper structures that's the idea that was introduced like three years ago by the founder of structures are uh so-called uh unstoppable entities that run on blockchain exactly at
guess cost that could collect value and distribute that value to uh to to the summoners uh it's a bit
esoteric description but the idea is that nowadays with the blockchain we can create
systems that can collect value and use that value to find something so at hyper decide the core idea
is to summon such a structure such a hyper structure that would work autonomously and make that structure to fund science.
So the idea is that with such an approach we could create a flywheel that would fund science
and accelerate, after all, accelerate human progress so uh
pull me on it's our i'd say first attempt of summoning such a structure for this i projects so
uh core idea of a form is that what there are two two two important uh ideas the first
idea is so-called convertible grants um grants are great and they are pretty popular in uh science
but uh well the the the great thing of grants is that it doesn't put much obligations on a grantee,
allowing them not to spend tons of time on legal structure.
Like, for example, if you do an IPO or if you raise funds for equity,
the overheads for the processes would be immense.
While grants, especially Web3 grants,
they allow you to move much, much faster.
But the issue with grants is that the grant-giving organization
often the value is not returned to that grant-giving organization.
And it's not good from tons of perspective.
The main reason is that the organization that gives grants,
if the value is not returned to it and to all the supporters,
they simply won't have resources to get grants, to get support for the upcoming projects.
And actually, that's the exact case that we faced at HyperDecise.
Early last year, we have given some grants to around 20-25 projects.
Unfortunately, most of the projects died which is pretty normal in startups
but some projects they actually made a successful TGE
and raised significant amount of funds and they even didn't say thank you so
To address the issue we are
Well, it's not like we're introducing
It turned out that a lot of
projects they introduced the idea of convertible grants I'd say that we are relying at HyperDECI
and for me on to to to on on convertible grants meaning that um we will provide support to
decide projects and those projects would have to pay back once
they mature enough and to to distribute the funds uh we decided to not to use uh direct distribution
like in usdc or in ethereum rather than issue a coin and distribute the funds
in a coin form so uh for beyond that's the coin that would be used to distribute grants to to
to the projects uh and then those projects once they become mature enough they would have to pay back in some form
like for example a drop in a portion of their supply if they decided to go with a token or a
coin or just buy back for me on and burn it there are a couple of uh interesting mechanics uh in the way how we're gonna distribute the funds itself
but i believe uh i already have been talking uh for a lot so uh back to you arvigo
it's perfect like uh really clear but uh you mentioned many many things and
You mentioned many, many things and you talked about grants.
So behind Permian, if I understand well, it's like to let some project directly launch and it's kind of like helper to start up. So I was wondering like how the grants work,
the convertible grants works and yeah,
like why they are important for this I project launchings
at the beginning.
I believe Rina from Blunko could answer on this question
much better than I do.
Okay.
So let's divide this for two parts.
Can you repeat this?
The first part, this was about how CCGF works, right?
Exactly.
How does the convertible grants work?
And my second one was like, why is it important for this project?
Okay, so let's start with CCGF.
First of all, as Rod said, convertible grants,
every project we fund signs a comment to return value to the Treasury in basic sin.
Think of it as a web tree version of a safe agreement, aligning a sensitive for long-term sustainability. Then it's conviction voting,
and our community continuously votes on beach projects
that deserve support.
There's no fixed rounds,
and the more conviction, the stronger the vote over time.
And Streaming QF itself, this is where Formeon really matters.
Unlike traditional funding rounds, Streaming QF streams funds to projects in real time based on community donations.
And the more supporters the project has, the bigger the matching funds it gets,
amplifying small contributions.
So Formulon is the memcoin that but with utility and it powers this system, streaming funds to decide projects.
So for right now, for our experiment, it will be around six months to create self-reinforcing cycle.
SimCycle. And Lunko is the operator here and right now we are talking to this first experiment to
centralize the approach to project selection to ensure quality. We want projects that align with DSI principles, so it's open, transparent and basically DSI.
And our team will review application based on alignment with DSI, innovation and impact,
and of course visibility and commitment to the covenant.
Will the project agree to give back to the Treasury if it succeeds?
So once approved, the project enters the streaming QF pool, where the community decides how much
funding they get by streaming for Meon and its balance of quality control. So basically to just sum up everything that I said,
you need to buy and hold Formion to boost the ecosystem, add it to Matching Pool to support
all projects and stream it directly to projects you believe in.
And the more formula a project gets, the more funding it receives.
Plus successful projects pay back into the treasury, keeping the cycle going.
So I think I answer the first part and tap to the next as well.
Right.
Okay, great.
Yeah, it was really clear.
So let's go to the next one.
So my question is, what makes streaming quadratic funding
fairer than traditional funding models
i'm happy to answer on this question so
uh there are several important ideas behind the streaming. First of all, in a sense, like hopefully everyone knows about Superfluid. Superfluid is a pretty popular so uh streaming it's like uh kind of a vesting uh it just means
that um you have a certain amount of tokens that are streamed to you every second every minute like
i don't know like 10 uh let's say like 10 tokens per minute and you can claim those tokens at any point in time
so that allows projects to while uh regular grants they work in a way that you spend tons of time on getting those grants on applying to those grants uh and
then um you receive them in in streaming it works differently once you are accepted to the round
and for the first rounds we will accept the applications in a central way so once you are accepted to the round you'll start
getting a small portion of funds each and every second we strongly believe that
that would allow projects to plan their financial income and
and um uh help them to focus on uh delivery uh and on the building what they're building because
they know that they have like a steady inflow of funds another important part of the streaming it's
not just the streaming of funds it's a streaming qf qf stands for quadratic
funding and the way how it works uh so once a project accepted they actually would have
to raise the donations from their community and raising donations means that, first of all, they would have to promote Furmion in their community, raising their attention.
And secondly, those donations are also streamed, meaning that their supporters would have to buy Furmion and log Furmion to get support.
And the more people, the more fans, the more people are streaming,
the bigger portion of the total funds will go to the project.
For the first round, we are planning to give away around 1.2% of Furmion supply.
And there are several entities involved in the process, like HyperdesI as grant-giving organization, grantees as grant-receiving organization,
Furmion holders and project supporters.
And we strongly believe that the way how Streaming QF works,
it actually aligns all the participants, all the incentives for all the participants.
Because for everyone in the system, makes sense to hold Formion.
And people, like the system works in a way that just by buying and holding Formion,
people will support the science increasing the market cap of the Furmion. And the project itself, while they are builders and they would have to use the funds,
they are also incentivized to hold Furmion as long as possible.
And there are two major mechanics that increases the value of the Furmium.
Like those donations,
rating of donations that actually will remove some Furmium from circulation,
moving, like allowing projects to interact with their audience.
And then once the project gets mature enough, they also would have to return the value
by either buying back the Formion or airdropping a portion of their own coins to HyperDecide Treasury to their supporters.
There could be other mechanics that could work and we will encourage projects to find the best way how to return
the value to everyone who participated in the process back to you Arrigo
okay great it seems like this this token is like a virtuous cycle. So project can benefit of this one, then project, if they get successful, they will promote it and they will be more involved in Firminion and so on. So you can, yeah, I really find now and understand better
the value behind this token.
So just a reminder, guys,
we will have five questions that some have already been asked
and some we will be asking in the future with some rewards incoming directly
in USD
we will directly send them into your wallet
so just that you have to
do is like join our telegram because the
question will be over there
telegram of how we go where we'll have
like two questions and telegram
of hyperdisi
where we will have three questions
about what is familiar so yeah feel free to join where we will have three questions about what is Firminian.
So yeah, feel free to join, and we will have directly
this question after this, at the end of this AMA.
So let's get into the next question for my part.
So I was only hoping that HyperDec i make sure that has this high project success from
minions from union orders also benefit in the long in the long run
sorry could you please repeat the question i had some issues with the connection like just like
the last part yeah no problem no problem, no problem.
So I was saying,
how does HyperDeci make sure that
as Deci project succeeded,
Permian orders also benefit in the long run?
Yep, so...
The thing is that, well, convertible grants, that's the way that makes the system beneficial to everyone.
By carefully selecting the projects, we will make sure that the projects are aligned with the core mission
meaning that the projects they are decide projects that's super important that they actually are in
some sense benefit humanity in an open and decentralized manner, growing our knowledge of the
universe, of the world around us. But also in advance all the projects would
have to sign a covenant that they would have to pay back to the community in some form or another.
Most probably, and that's where actually we're happy to collaborate with Arrigo,
the projects at some point in time would have to, or would be willing to mint their own coins uh providing them with more resources for their research and those coins
it's the way for projects to capture value and to redistribute the value among their supporters so
to simplify the the like to to simplify the response uh the main idea is that um with all
the projects that would receive the support we will discuss in advance before they get the support how they are planning to return the value and
we will settle down those uh mechanisms of returning value to all the participants back to you guys
yeah that's that's uh really kind and uh just for guys, if you don't know what is Owego
and why it can be like a huge collaboration between us
and Apple Design and all the tokens coming
because they are helping new projects.
And as you said, they will maybe need to launch their own token
in the future.
Owego is like a permissionless platform coming in October,
which allows anyone to create his own token,
and we are really focused on this side.
And we have all the fees that we have collected
will be given back to user and to creator uh so we really it was mandatory for us to have like
good value and to focus on the good people that and to create a good token as well uh so yeah uh
i i definitely think that it can be like uh good to do something together um so i will jump on the next question uh which
well uh obviously uh it will uh accelerate i mean okay so in that with what you you you said
uh can ferminion accelerates the growth of decentralized science initiative and obviously it will help but how
it will helps and how much i would say
oh sorry can you elaborate please um how uh hyper decide plans what okay um my question was like
Okay, my question was like, so in that way, it's like, can Firmignon accelerate the growth
of decentralized science initiative?
And I mean, I guess like, yeah, obviously it will accelerate the growth, but I want
to know like, kind of like how and in terms of value, like how much value can it add, you know?
Okay. First of all, I want to
brought up the way you pronounce
Furmion, because it's safe for Mignon,
like Mignon, and I
just see Mignons,
these yellow guys
so yeah
let's start with
that
HyperDESAI aims to
really revolutionize
science funding by
creating a transparent
efficient and community
driven ecosystem that supports
high riskreward research
that's not suitable for classical funding. Its funding model seeks to deliver real-world impact
through breakthroughs in the fields like AI, biotech and space exploration.
And researchers must first engage their communities to raise formions, donations or votes,
stream to demonstrate support and this will also incentivize the whole system.
So, let me think what I can add to that. I think that all not much to add to
this okay great thank you so much um so um uh yeah my next question is like uh uh directly on on hyper decide um like how does
hyper decide I mean on the project about this uh um how does hyper decide plan to onboard
and unpowered uh hundreds of decide project inventory uh thanks to this
project in Mub3 thanks to this?
Well, I have to say that we already have supported around 42 projects.
So we have some experience from our previous initiatives.
And that's the first thing. The second thing is that we are scientists and
we have tons of connections in TREDSI, but also an important thing is that as scientists we understand how scientists think and that actually helps us to
talk on the same language with tons of projects and we know how to explain to them the value of uh web3 the way how coin works uh the way like how everyone would
benefit from it so actually it's uh pretty easy um once uh the market cap of formule would
become big enough around 1 million
it would
according to our estimation it would become interesting for projects to join and we already have the pipeline we already know how to explain to the project what to do, like how to create a multi-seek, how to use multi-seek
to accept and distribute funds, how to convert those funds into fiat and how to pay for different
services. So those questions are pretty popular from scientists. So for example, last year personally, during, like before the DEFCON in Chiang Mai,
there were tons of so-called pop-up cities. And I personally hold several presentations
regarding how to use crypto and fiat, how to convert it into f into here how to use it for daily operations so to summarize
we have uh experience onboarding projects we have connections to a thread site uh and um
we already have several projects waiting for for for the next stage of formula so now we are at
early days of uh fullmion uh meaning that like we are still establishing internal operations and
uh we believe it would take us around two months or so.
So somewhere by the end of September,
we will start accepting, we will start promoting
HyperDSI as a platform for DSi projects.
Actually, projects already can apply uh for our support
on our website hyperdsi.xyz uh you can find the apply button and then you'll have if if
if uh you have a project that needs your support uh you can just uh apply for for for our support and for the first batch
we are thinking of getting from seven to ten projects something like that so actually the first
and obviously we will serve on the first conference uh served basis so if you know the projects that are at early stages
if you know uh threat scientists who want to get their support uh feel free to share with them
our initiative and invite them to apply so a huge chance that they will get the support so
chance that they'll get the support.
So to summarize, we already have experience supporting the projects and as scientists,
we know how to talk to other scientists.
So it'll be pretty simple once we have a decent market cap, it'll become really interesting
for projects to get the support from us back to you
okay great that's a lot like 42 this is absolutely insane and um i think we already met uh met each
other maybe uh there is a world uh in chiang mai when uh as you uh told us that we are speaking
like that uh over there i mean uh about this
high uh so yeah really interesting i've been there as well and i know this place uh but uh
oh yeah 42 it's a lot uh so you know how definitely how to onboard uh other projects and uh like my um next question uh will be like okay so uh what will world impact
those hyper this i am to create through its funding model
uh yep so
we are aiming to get to the point when every person in the world would be able to contribute
something to a global knowledge accelerating human progress and making our life better,
and get rewarded for that in some way or another.
And the way how the system works,
we want to make such a system that doesn't require human interaction,
that is working autonomously,
and that is rewarding people for those contributions.
We strongly believe that science made our world a better place.
Because if you'll take a look around you,
everything was built by humans.
Everything around you was created by humans
using some form of science.
Like the building that most probably you are in right now, it was built using physics.
Computers in our hands, I mean like smartphones or like computers if you're connected through the computer.
They were building using science.
Medicine that is crucial for like all sorts of medicine that are crucial for people.
They were created by science.
So literally science made our world and at Hyperg sci we just want to accelerate that.
We want to accelerate the process of creation of scientific knowledge and we want it
We want it to make it really easy to start.
While traditional science, personally, I think that it's not so bad.
Definitely there are tons of not cool parts in the traditional science.
After all, it works.
But we want to make it simpler.
We want to provide funding at early stages for the project,
and then with the support that we will provide to those projects, they would grow, they would
be able to get to the next stage and get support even from traditional science,
while the way how the system works should be
permissionless and the decision what projects to support should be made by the community without gatekeepers because often unfortunately the decision which projects to support they are made not on based on the value of the project but
on materials like citizenship of of resource of of funders like for example um if you talk about
space exploration in most cases if you're coming not from the US or Europe, a huge chance that you won't be able to get any funds.
Because unfortunately, most of the funds in space sector, they're coming from governments.
And governments are not interested in supporting any project.
interested in supporting any project they are interested in supporting only heavily aligned
projects also often related to to the work which is not cool so we want everyone in the world to
benefit we want everyone to to to have an opportunity to dedicate their life to science research.
And no matter who they are, what their background, or where in the world they are coming from.
So hopefully all of that combined will create a flywheel effect
that will accelerate humanity's progress and will make our life better
yeah like that's why we also started how we go you know because
um like to get some funds as you said uh he the government or the bureaucracy behind and most of the project that want to launch, they struggle too much and they cannot wait for months to get some funds.
They need to do their research and to get some funds to survive and to hit.
And this is exactly the same with venture capital.
So I completely understand what to say by that and how you
answered my previous question. So we have exactly the same goal, but in a different way. Thanks
to Firmian for you, which will help a lot on that and with us by creating directly some token. And that's absolutely perfect because we can do directly something together.
After getting the help of Hyperdesign and launching that token,
it will be really interesting.
So, yeah, just a reminder, guys, after this,
in not so long, in 10 minutes, 15 minutes, we will start some questions that I already asked for Hyperdeci and RENCO and the project behind, the token behind Firmion.
You just have to join our telegram, so the Owego telegram and Hyperdeci telegram, and there will be rewards.
so the Owego Telegram and HyperDecide Telegram,
and there will be rewards.
So for each question, you will be able to run some rewards in USD.
We will send them directly to your wallet.
So yeah, I will continue with my next question.
So what role does like community governance play in the distribution
of funds via streaming uh quantitative quadratic funding sorry yep so um
With the Formion, we are actually kind of simplifying the overall framework of funds distribution.
And we are kind of not touching the whole complexity of the process.
The thing is that when we talk about funds distribution there are
two main stages the first stages the first stage in the project eligibility like what project
should get the support and the second stage how much support they should get. So today we'd like to, or I mean, not just today, but for the next several months, we prefer not to focus on the project eligibility process, we have a way to decentralize those project selection process
using so-called conviction voting. But that's another story for another spaces. For now, for now for the first streaming field round we decided to centralize their decision
in the sake of of of simplicity and like to simplify the experiment so
we will like the the team behind hyper decide would select the projects would hand pick the projects and later that process would
be decentralized using conviction voting and so uh however the streaming qf itself uh that
Streaming QF itself, that is the mechanic that is responsible for the second part,
how much support the project should receive.
And that is purely up to the project community.
Streaming QF is made of two uh it's it's a term made of two ideas streaming and quadratic
funding quadratic funding is an approach that was proposed by vitalik according to him that's
mathematically the optimal way to distribute funds uh uh in a democratic society.
The way, and right now I'm oversimplified,
there is an article behind Streaming QF, you can find it.
But simply speaking, QF, it's a way to balance voting weight
between whales who have a huge stake uh like tons of tokens and the majority
who has much less votes because you know often there is like often the there are like two ways
to to vote either everyone uh gets one vote or or their vote is directly proportional to the
amount of states that they have and qf it's a way to balance
that uh simply speaking instead of uh using the stake directly the like the shares directly you take a square root of that so for
example if you have one shares then your weight would be one but if you have a hundred shares
then your weight would be 10 and that's uh
such a way allows you to balance to find a balance between whales and majority so in streaming you
have uh the projects would have to raise donations from their community and from the more people
from their community and from the more people would support them with the more funds,
the bigger portion of the fund, of the total fund they would get using that streaming QF approach.
So while for the first round we will carefully hand-pick the project and we will work a lot with the project,
explaining them how things work, how to engage with the community, how to deal with the marketing,
the exact amount of funds that would be distributed to the project would be solely dedicated by the project community.
And we strongly believe that such a mechanic would
be beneficial for projects because they will get engaged with their community and it will be beneficial for Formion and Formion holders because the
mechanics is incentivizing projects to to spread the world about Hyperdesign, to spread the world
about Formion, getting more attention and as we know attention in Web3 is everything. The more attention you get, the more resources you get.
And with the way how Furmion is designed, we believe that it's a self-reinforcing flywheel,
meaning that with time we'll get more projects that would get us more attention,
projects that would get us more attention, that would allow us to support more projects
and so on in the infinite loop. Hopefully that explains how things work. uh back to you guys are we go
maybe they have some issues
Maybe they have some issues.
Okay, so while we wait, I think I just sum up what we just said
that community continuously votes on projects with vote gaining strength over time,
signaling which project deserves funding.
In StreamingQF, community members stream formula to projects
and the volume of support determines the matching funds from the Treasury.
And while LUNCA ensures project quality,
uh ensures project quality um in hyper desi we will uh influence uh funding allocation uh balancing
centralized quality control with desi um decentralized decision making so are we have back Ariga guys or not?
Yeah, I think we... Ariga, are you here?
Okay, I think it's worth mentioning that the balance that we are handling because we launched Memcoin and it's not a Memcoin in particular. particularly. We refer to it like coin with utility, but everyone is very familiar to this
Memcoin mechanics. It's familiar to everyone and we are balancing on the edge so that unwanted
actions that occur during the process of launching Memcoin do not outweigh it and do not lead us in the wrong direction.
That is why we have, as I said, referred to it as a utility coin, these elements of
Memcoin. So about us, our Memcoin. HyperDeci balances meme coin culture with serious scientific goals by leveraging, then engaging and viral...
Sorry.
Are you just trying to...
