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GMI: LP Bonds Revolutionizing DeFi
Recorded: Sept. 21, 2025 Duration: 1:23:10Space Recording
Short Summary
In a recent discussion, key figures in the crypto space highlighted significant advancements in LP Bonds, emerging trends in cryptocurrency adoption, and strategic partnerships aimed at enhancing project visibility and growth. The conversation underscored the importance of safety mechanisms and innovative yield structures as essential components for attracting investors and fostering long-term success in the blockchain ecosystem.
Full Transcription
The Thank you. so Hello, everyone. Welcome to the show. Welcome to the show.
Welcome to the show.
Welcome to the show.
Welcome to the show.
Welcome to the show.
Welcome to the show.
Welcome to the show.
Welcome to the show.
Welcome to the show.
Welcome to the show.
Welcome to the show. Welcome to the show. Hey, Suleczak, if you want to do music, go for it. so so
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so so so Oh so so
so Oh и Thank you. Oh so so Thank you. so и Thank you. uh so Thank you. so do so Thank you. so Oh so Thank you. so
so uh
so Thank you. so Good morning, good evening, good night, everyone.
We are so happy to have everyone here and super excited.
I don't know where you are in the world, but I will say I can't wait and super excited for today.
And what energy is going to tell us all the information.
There's a lot of information posted in the Jumbotron up there.
And I'm sorry, I think I've only seen,
I think I've seen probably 10 tweets
and there's more than 10 people in here.
Can we get everyone to retweet the space?
Please get your friends in here.
There's gonna be so much information
that we're gonna have today.
And we're super excited to get started and tell you about what everything is boiling up and coming to be so that
I'm super excited because I had to actually, I want to thank Mark. And I also want to thank Tommy
for just responding to me because I had to check on them. They went radio silent on me.
And I said, oh my goodness, I need to check on them to make sure they're okay.
So I know they have been silently working in the background and i want to see how they're doing and
everyone on this panel is doing today so i don't know who's behind which account i did hear voices
but i did not see mics unmute so i wanted to ask energy if mark is up to up here how are you guys doing? Happy Sunday.
Hey, Gabby.
Thanks for the great intro.
It's Tommy here behind the account.
So, yeah, I'm pretty good.
Hope you're doing well.
Yeah, we've had good developments on the development front with LP Bonds.
Getting really close to our breakthrough.
So, we'll fill you guys in on the latest here soon enough.
So yeah, thank you guys for coming.
And yeah, as Gabby said,
if you guys haven't retweeted the space yet,
please do do a like and retweet.
So, you know, get your friends and stuff to join in and we'll kick things off.
You know what, Tommy,
I've been seeing so many community members out and about.
I think this is the wonderful part of, you know, the Web3 is that there's a lot of people
getting out into their local communities.
I see Foxen is out in Idaho, and I'm not sure, you know, Gummy Invasions is out there this
past weekend.
I've been out with Sheba, Sequoia Forest.
And I mean, we're promoting projects and crypto is becoming a known
source of a way of having transactions produced another way. You know what? I kept going until
people, you know, people told me yes. I got so many no's yesterday. I just from a personal
experience with boots on the ground, I went to three events yesterday. One was by surprise.
with boots on the ground. I went to three events yesterday. One was by surprise. The first event I
went to, it was like our local farmer's market. And, you know, just talking to people, talking
to the community, just talking about, you know, cryptocurrency in general. Some people did, you
know, they did know it's becoming more and more familiar. And I really appreciate that. The second
event I went to was a Bitcoin festival. And actually people there were accepting Bitcoin or you could tap your Coinbase now has a credit card where you can get your cash back in Bitcoin.
I was super excited that I could help my local community members, you know, just support them.
So that was at the Bitcoin Festival yesterday that we had in Charlotte, North Carolina.
And then we had a huge festival, which was a little bit further out.
But somebody told me about it and I said, you know what, I have to go and be nosy and figure out what it's about.
So I was going around looking for parking.
Long story short, I was like,
okay, do you take Bitcoin? Do you take Bitcoin? And finally there was one guy to say, yes,
we do take Bitcoin. I was like, really? So we ended up having a peer-to-peer transaction,
super simple, easy. And then I was able to park my car and then go and look at all the vendors.
Well, not all of them because we had over a hundred vendors at this event. But I did make my way to at least half the side of the lake that
they were surrounded by. Children out playing, super exciting. And then I met a gentleman who
just told me he was nobody. And I really respected that. And I said, well, I'm nobody. It's nice to
meet you, Ryoshi.
And that's what I called him. He didn't say it back. That's okay. He ended up giving me a Bitcoin
guitar pick. And he told me I could have it for free. I said, well, I want to do something. I
want to give you something. He said, well, you can tip me. So I tipped him in Bitcoin, another
peer-to-peer transaction. So it's becoming more and more real. You know, we're actualizing the activity
that we're having between people and between organizations and companies, and we're starting
locally. So we're super excited and can't wait to introduce more projects, safe projects to my
community here, because I do have a community wallet and love to support projects that keep
people safe. And so I want to say, you know, thank you again for allowing me to be here
and allowing me to just talk about
a little bit of being on the boots on the ground
and how many more soldiers we need on the ground,
you know, men and women to talk to people
because people want to learn.
And so super excited.
I wish Foxen was here,
got me invasions to talk about his experience too,
because I think it's important
for us to storytell and share our stories about what's happening in our community and how we are
introducing projects like energy, like Sheba Sequoia Forest, like Sheba Inu and all other
projects to our local communities to get people excited about the future and what's to come. So,
with that being said, I know I probably hogged up the mic a little too much,
but I also love talking and sharing those stories,
those real stories that's going to help us
with mass adoption in Web3.
So, and merging those communities together.
So, I didn't know Tommy or if Mark, you're there
and wanted to interject.
Oh, that was awesome, Gabby.
Let's do a mic check.
Mark, can you, I just wanna see your mic again.
Go ahead and speak if it is.
I don't see Mark up here.
Yeah, I don't see him on stage either.
Mark, I don't think you're on stage.
I invited you to speak.
I don't know, maybe he's having some device issues. issues. When your device is working, go ahead and request Mark while I do
on stage. Yeah. Did that event just happen, Gabby? The Shiva Sequoia Forest thing? No,
Shiva Sequoia Forest will happen October 11th. So I will put something in the nest up above
to advertise for us as well.
The event that we had this past weekend
with the Charlotte Festival,
it's actually a three-day event
and people come from all over the United States
and outside the country too,
to participate in this three-day event.
Today is the last day, they end at five o'clock.
So it's super exciting.
Yeah.
Very cool. Well, that sounds like an awesome time yeah if you guys are
in the states or somewhere close i would i'd recommend going it sounds awesome
i may still be in asia so i don't know if i can make it there but it sounds like an awesome time
so yeah very cool yeah the cool yeah the wonderful thing yeah the wonderful thing about it is that
there were so many there were caricature artists, there were painters.
I mean, they came from all over.
The artist that I met from Nashville, he started playing his guitar and I was like, oh, I went to Shiba Fest.
But I do believe that person knows some people in the space.
But, you know, to keep their anonymity to themselves. I wanted to respect their privacy, but I was
really super excited about meeting them and also hearing about some of the people they know in the
space. But our caricature artists, my goodness, everybody was, you know, recording him because
he was just that good. He was from Roanoke, Virginia. And there was another guy who was
actually cutting paper. There was a little girl who was sitting down and I'm very conscientious
about, you know, putting children on camera because we don't know who's out here. Um, and
she was sitting on her father's lap and there was a gentleman who was actually cutting her picture
in, uh, from this paper. And I did record that, but again, I didn't post it, but I said, what a
talent, a couple other people, there was so much talent out there. It was unbelievable. But to get around to all of those vendors took all day. So it didn't end until nine o'clock last night. So there was opportunity for people to come in and out. And parking was crazy. Waiting in the lines. You had to wait like 20 to 30 minutes just to park. And you might park far away. It might take you a half a mile to
a mile to walk to the actual event. But the location was in the right place near the hospital
here in what we call our Freedom Park. And so vendors were all around the beautiful lake that
people walk around on a daily basis. So all the vendors are around there. You can sit in the grass
with your family. It was just a beautiful vibe, great vibes. And so if you're in a Charlotte, North Carolina area and you happen to
be here and you're not aware, we have so much activity that's going on in our state and we
invite you to come along with us. Feel free to, you know, follow me. I try to post a lot of things
on Instagram as well. I'm still Gabby girl there as well. So I try to post a lot of things
from Charlotte, but I also will post other things from other states because we as people need to
connect. And so if you're in any other, anyone else's state, you can connect with someone. So
it's always a great opportunity. So I'll pass the mic back to Tommy. Oh, and look at Gummy
Invasions is here. I don't know what they're doing in Idaho this weekend, this past weekend.
And Mark, are you there?
Mic check.
Can you hear me?
Can we?
Yes, we can hear you.
Tommy.
How are you, Mark? What's going going on i am doing good looks like not a good uh
way to start a sunday i think i'm having um i had some issues with x but other than that um everything looking good so yeah if um anybody is looking at the gmi platform
uh they'll see a lot of changes coming up very soon uh we are on lp bonds are actually on
multiple chains now so you'll see a flood of activity coming in uh in the coming weeks
So you'll see a flood of activity coming in in the coming weeks.
Well, this is super exciting.
I'm glad I did what I call the welfare check on you guys because you guys went radio silent.
And so I know you guys were doing well.
And thank you so much for responding to me to let me know that you guys were doing OK.
We know that devs, they have to go into hiding for work purposes. And
so we really respect that. And I wanted to say, we appreciate you for all the work that you do.
And thank you so much. I'm proud of you guys. And I'm glad to be a part of Sundays and trying
to look around because I told you, I keep my computer on, you know, the going to make it
marketplace and GMI in general, just so I can take a peek around just to, you know, show my support too.
You know, but I'm sometimes I'm silent in the background, but trying to make more of a presence out here, not just in the Web3 space within my community to help projects get known.
So as well. So I see Gummy Invasions in the house. I'm super excited to have you here.
I know you're in Idaho. Not sure if you're working or what you're doing, but would love, love, love to hear what you've been doing with boots on the
ground with the gummy invasion. So if you have a moment to come up and speak, would love for you to
come up and have a chit chat with us and let us know what's happening where you are. So super
excited and congratulations for what you're doing. So without further ado, we have to know what is going on.
We have not been together.
It feels like forever.
Yeah.
So tell us what's happening with energy, GMI Marketplace.
What has been going on?
Why have you guys been so radio silent?
Yeah, well, thank you, Gabby.
It's a pleasure having you with us.
You make a fantastic co-host,
so always a pleasure having you.
Yeah, I mean, the long and short of it
is we've been just really focused
on some kind of core development.
We've been, first of all,
we got the critical products out.
We're still working on the upgrade system.
I got a fantastic write-up on it that explains it,
which we haven't made it public, but I can share it with you,
or it'll probably be public soon enough.
But really explaining it, but it's a lot of the stuff
I've already talked about here on the spaces,
and I'll reflect that for you guys as well, too,
to catch you guys up on the latest,
but the long and short of it really is.
Yeah.
The LP bonds are,
are really getting to that point where it's,
it's ready to plug in.
We got some partnerships in the works.
I think,
I don't,
I don't think I mentioned it.
Yeah.
It's been a little while since we've done a space.
So I will catch you guys up on all the latest partnerships we're working on um
and by the way i'll be at token 2049 uh and and that's on like end of september early october
like september 30th to like october 3rd or so if any of you guys are there let me know
uh but yeah i'll i'll yeah, I'll be there buzzing
around and getting the word out about what we've created. But every time I think about
it, well, first of all, it's a really cool journey, the path we've gone. And by the way,
before I forget, I do want to talk about security too. Gabby, I want to talk to you about that
bridge hack on Shibarium because that uh the bridge hack punch you
bury him because that's pretty freaky and you see how it affects other assets you know the
hackers taking various assets and dumping them i saw that with roar and uh that sucks it sucks
and i was having this conversation with um with a friend of mine recently and I've, I've had it with you guys
as well too, but it's just really unfortunate that we tolerate that in the space, you know, these,
you know, it really affects a lot of people in projects. And I think, I just think that, uh,
I hate to say it, but I, I feel like, I don't know, maybe there's even more pain that's needed. I hate saying that, but it's like,
I just wish people cared more about it until that shit happens, you know, but we can talk
about that a bit later on. But yeah, we're here to help however we can. So let's talk about LP
bonds first. So the first thing I want to say to you guys, and I'm going to emphasize this point
over and over again, because I want you guys to really understand what we've done.
We are solving three major problems that really applies broadly to the tokens in the crypto space, which is awesome.
So the first one is with LP bonds, we reduce sell pressure of any partner token we partner with.
How do we do that?
Because when someone makes an LP bond, they take X amount of partner token and partner with how do we do that because when someone makes an lp bond
they take x amount of partner partner token and x amount of gmi where the target uh price for a
bond is a hundred dollars that's the initial oracle price that will change as the two assets within the
lp position fluctuate right because anytime you make an lp position there's two assets like for instance gmi and ethereum okay so those started 100 and again those will fluctuate but when somebody creates an
lp bond both of those assets are now locked down okay they're locked down and cannot be sold for
10 years so this is what i mean by reduced cell pressure. Those tokens, once they're in an LP bond,
will not hit the market for 10 years. That's the first problem we solve. The second problem we
solve is we're providing long-term TVL. This is another huge pain point for the vast majority of
projects. Pretty much any project that has a token, it is very important to have good long-term TVL.
in, it is very important to have good long-term TVL. And what we see happen in the space is
liquidity is very mercenary. You can see this on some blockchains. Some blockchains had over
a billion dollars of TVL in 2021. And by now, it's down to a few million. I mean, we're talking
over a 99% decrease in TVL. That is astronomical. Why does that happen? It happens because
liquidity is mercenary and it's expensive. So when people provide short-term incentives,
the liquidity piles in. Once those incentives dry up, the liquidity moves to the next place
where there's really good incentives and it moves on around like that. And so having long-term TVL
is both difficult to acquire
and expensive for most projects.
And here we are again,
reducing cell pressure,
providing long-term TVL.
There's a third huge benefit
that we provide projects.
And that is we increase demand
for those tokens.
GMI right now is at the ground floor, right?
We sold $10,000 worth of GMI
at a tenth of a cent, which is close to the same price it is right now. We're maybe floor, right? We sold $10,000 worth of GMI at a tenth of a cent,
which is close to the same price it is right now. We're maybe 10% up from that.
And that's essentially a floor on the price. So basically,
those sales that we did, we're using as a floor. Basically, there's only one direction GMI can go,
not financial advice. But the reason I'm saying this is because any partner we work
with, they're getting in with us on the ground floor. And as the price of GMI rises, when you
have two assets in a liquidity pool, when one asset rises, it makes it so that asset is now
cheap in the pool. So people need to buy the other asset in order to extract that asset that has risen, if that
makes sense to you guys.
It's a balancing of the pool.
So basically, as BMI rises, it'll increase demand for those partner tokens we partner
with.
So those are the three major benefits we're providing to all the partners that work with
So I'm really excited because we have really provided a
major solution to so many things at once, reducing cell pressure, increasing liquidity,
and increasing demand for the token. So really, we're coming from a frame here of solving
problems for tokens. It's a beautiful thing. Anyone we partner with, we're helping. And
it's a beautiful frame to come from.
I think a lot of projects, you know, are trying to extract or, you know, give me money or this or that.
We're coming from the frame of we're here to help you with what the technology we've built.
So I just love where we've got to.
It's definitely been a journey getting here, you know.
getting here. And I think that's kind of normal in a project's journey that you have kind of these,
kind of go through the road and find out where is the biggest pain point. And again, while we
started with security, and I still think that's huge. And I think one day the world will appreciate
and recognize the importance of security, especially institutions. Institutions need security more than,
think about it this way, right? And bonds too. I was on another Twitter space
earlier this week and they were talking about bonds coming on the blockchain. And I'm like, well,
we have the technology for that. But think of that, like if big institutions or
big companies want to come deploy assets, say they want to deploy $10 billion, $100 billion of assets.
For them, security is a non-negotiable.
They simply cannot endure the risk that someone can find a bug in the code and basically steal those assets, dump them on the market, and damage those companies to the tunes of billions of dollars. And once it's turned to ETH, Bitcoin, or most other assets, it's out of reach. There's
nothing that can be done. So I think that's where the security aspect of energy is going to come
into play. We've really built our brand around, and we're doing the best job in the space of doing
security. But for now, I think that's still kind of ripening, that Apple is still on the tree.
I don't know how soon it's ripe, but it's ripening.
But meanwhile, again, focusing on these LP bonds solves problems for every token today.
Again, those three things I mentioned.
And I'm going to hit on that pretty much every time we have a space because I want you guys
to really understand and get your head around that it's really powerful so anyway as far as what we've accomplished uh over the past few weeks uh
let me pass it to you mark you can give an update on that go forth
thank you tommy so as if you guys um look at the jmi side one of the biggest um uh thing that we are doing right now
which will be live in a few days uh hopefully um is uh our database optimization uh that would
um result in faster speeds faster loading uh faster you know uh access to nfts faster trading uh so that's one of the biggest thing
that has been happening for the last four weeks and we pretty much nailed it uh you're gonna have
good experience with the nft marketplace um also for the last four weeks we have since the time we met last week um last time uh I think we were talking
we you guys were seeing LP bonds on the ethereum chain with the GMI energy and the energy ETH pool
uh now we have launched uh the on ethereum uh GMI hello uh and uh gmi um usdd pool when in collaboration with the helodex
i me and the team were just testing uh the minting and you know all of the stuff we're
just plugging in and optimizing it uh yesterday itself so most of the stuff is um you know optimized um and then we have also launched
the lp bonds pool on ape chain uh and i had some really fantastic experience working um you know
minting some bonds on ape chain we have the gmi ape uh pool and gmi ap usd pool live on ape chain um today and yesterday we're still doing
very very heavy testing uh so i think by monday um you know most of our testing will conclude
both of the pools are live um and the users can actually get um access to those pools but for right now i think in the
coming weeks we are going to start like aggressive marketing campaign uh for all the four pools so
yeah that's what we have been building and also uh don't forget about the multi-layered uh you
know lp bonds um that we that you know tommy had mentioned earlier about
uh those are also in the works uh and they will be followed up by uh these four um pool launches
the upgrade um also multiple chains will come in uh launchinging LP bonds is way much more easier and faster because, you know, you don't have that huge amount of data.
You don't have the huge infrastructure that regular NFT marketplace needs.
And the DeFi and NFT coming together, it's pretty much very easy.
DeFi and NFT coming together, it's pretty much very easy.
So I think our next couple of chains include BNB, Arbitrum, BASE, and a lot of chains coming in.
We have, you know, our DEX partners, our bridge partners.
We really thank them for quickly, you know, building up this infrastructure for us.
Yeah, thank you for that, Mark.
And actually, let me jump in here, too.
Did we, I don't know if we have updated you guys since.
Did we talk about our partnerships we got through and with ApeChain and Camelot?
No, we did not talk.
No, we did not touch those.
Cool.
Well, let me give you guys the latest on that then, you know.
And, you know, I'm really happy to see. It's great to see the positive reception that you have. And that shows we're really hitting that product market fit.
we are working on building a pilot with them for the LP bonds. So that's going to be pretty cool.
And it's really exciting when we get this, when we get our first pilot to happen and show the
power of this, I think that's when the rubber really hits the road and the fun really starts.
So we're working on that. And then meanwhile, you guys may know I was on the killer whale show
We're working on that.
And then meanwhile, you guys may know
I was on the Killer Whale Show almost two years ago,
actually over two years ago, please, time flies.
I was on the Killer Whale Show two years ago,
actually talking about gonna make it.
At that time, the NFT marketplace wasn't built yet, right?
But I was there talking about it
and talking about our security innovations
and all that stuff.
Well, they have a DEX coming out.
They have a coin called Hello and they have a dex coming out they have a coin called hello and they have a dex
coming out called hello dex and we'll also be working with them um and so really our role here
is being kind of liquidity infrastructure that's the word that's the way to think about it liquidity
infrastructure what is liquidity infrastructure well it's again that we are helping provide
long-term liquidity we all know how how competitive, again, liquidity is.
This is a huge pain point for DEXs specifically,
because DEXs are all complaining against each other on providing rewards.
Typically when they provide rewards,
they provide it through their tokenomics.
What happens is they give the reward in their token,
and then what happens? The users go
and take and dump the token, right? And it just basically becomes you're paying for the liquidity
and it's expensive. And that's what DEXs go through today. So we have brought a solution
because we have our bonds which function as zero coupon bonds. So what is a zero coupon bond?
our bonds which function as zero coupon bonds so what is a zero coupon bond it's a bond where the
yield accrues within the bond and is paid out at the bond maturity and that's how we do the lp bonds
so the yield accrues within the lp bond right and so we don't have to worry about that cell pressure
hitting the market for 10 years and 10 years is a time. It gives a lot of time for us to grow, mature,
build long-term TVL. So when that time comes, it's a mature, we have a mature product and a strong
TVL that could absorb that. But that's how we've solved this problem that nobody else has done in
the space. Again, very proud of it. Most people are just giving the yield, they're getting it
tomorrow, and the users just go dump it on the market.
And again, I really want to emphasize, it's a very important point, I always want to emphasize,
because a user is not locked into holding the bond for 10 years.
And this is the problem that we solve, right?
Because traditionally, the only way it's done before until now is either the projects have like a very short lockup period,
maybe a week,
a month, or a couple months, or a year. But then projects really haven't had too long of lockups.
I think the biggest ones were for, but the problem is the users don't have the flexibility there.
This is the point. The users do not have the flexibility. They're tied in that position
and they're obligated to be there, whether it's for one week, one month, three months, one year, four years, whatever it is,
the users are obligated to stay in that and they don't like that. And so we're really the first
ones to create this sort of product where the user is not obligated to stay in there. If the user
wants to sell their bond tomorrow, they can do it into a liquid market. And that's exactly the
reason why the bonds are uniform in size.
So again, we've really come a long way with these innovations and I am so proud of it.
You know, and again, I have to really give, I feel like a lot of these things I've done were honestly a guidance from God or the universe,
whatever you want to say.
I told you guys that before.
I think it's incredible.
I could take credit for inventing it,
but I don't even think it came from me.
I just listen, and that's what I try to do all the time,
just listen and get the message and follow that.
And that's what I try to do.
So these are very powerful technologies and innovations that that, you know, we're bringing to the whole world.
And major innovations for the crypto space. And I'm going to tell you guys, I'm going to tell you guys about the upgrade system we have because we kind of developed that a bit too, probably since we've talked.
because we kind of developed that a bit too, probably since we've talked.
But let me pause there and just kind of if anyone wants to add in.
But I'll say one thing too.
So this is my focus right now is really pursuing these partnerships.
And I just want to say too, if you guys know tokens, projects, ERC-20 tokens
that want those benefits I talked about, reduced cell pressure, right?
Stronger TVL, stronger liquidity, and to have incentive for buying the token
and to help catalyze
the token price, then let me know.
Because that's what we're looking for now.
We're looking for early partners.
You guys are getting at the ground level.
The reception we're getting is already good.
So I think it could be major win-win.
And as Mark was saying too, by the way, we're really focusing on fast deployments for this.
So any chain we need to go on
we're going to just get on that chain quickly and deploy the lp bond infrastructure quickly we'll do the whole nft marketplace infrastructure if there's demand there like you know for all the
pft nfc's and stuff but the lp bond infrastructure is it's much faster just to deploy that so so
that's what we're we're starting with yeah, let me pause there and just,
if you guys have any questions or anything to add, feel free.
So Tommy, I did want to add, you know,
the one thing is that what you mentioned earlier that you'll be at token
2049, you know, I think through September through October,
September 30th through October 3rd. Do you mind?
I didn't see that. I was trying to look down your post.
I'm not sure if you posted that just in case, you know, anybody would like to repost and actually
share just in case somebody's thinking about going or if they can possibly meet you there.
So that's super exciting. Congratulations for being invited there and speaking about energy.
And also congratulations on the partnerships. I mean,
looking for partners, that's super exciting. I know it's not easy to do. So congratulations on
with working with 8 Chain as well as Hello Dex. And also, you know, for going over just the
zero coupon yields. Now, I think what people sometimes may not understand is that yes,
you buy your liquidity bond, but you don't have to hold it, right?
You can sell it, but you don't get the interest.
I mean, if you sell your bond, you're like in year number five because you say you need the money or whatever, what have you, you lose the interest.
Is that correct that you don't get that interest that's within the bond?
That's correct.
That's exactly how zero coupon bonds work.
So this is like zero coupon bonds.
Like treasuries are that way.
Some treasuries are that way, like government treasuries.
So the value accrues within the bond.
So yeah, you can see that on the marketplace, on the dashboard.
It shows you all that information.
And that's an important point.
So as these bonds accrue value, that'll be reflected in the bond price. So the
more value accrues in the bonds, the more the bond will be worth. Assumably, the market would
value those more. So that's a great point and a great question, and just a necessary way for how
it needs to function. So it's whoever's holder of that bond is the one who owns, first of all,
the liquidity position behind the bond, and as well as all the fees and yields that have accrued within that bond.
Great question.
So then that, thank you, Tommy.
So, and then that leads me to another question of, you know,
people want to understand why, you know, liquidity bonds are uniform in size.
So why did you all keep it uniform in size? What was the purpose
for that? Yeah, it was actually, it was on this Twitter space, you know, so it might have been
even you, Gabby. Someone brought up some really great points that, you know, and that the bonds
could be different sizes. And first of all, it was going to make a worse user experience.
What would have had to happen then is a user would have to independently go to the decks, be different sizes. And first of all, it was going to make a worse user experience.
What would have happened then is a user would have to independently
go to the DEX, like Uniswap, create the liquidity position,
and then they'd have to come back to the platform.
And then they'd have to turn it into a bond.
So it's going to be a multi-step process.
So first of all, now it's just a one-step process.
You go to the LP bond page, and you click Mint. And then it shows you the maximum amount you can mint,
whether it's seven or 10 or one or 50,
whatever it is, shows you the max amount.
Just type in however you want to mint.
And you just click mint.
And then we do all the stuff on the back end,
which with, excuse me,
with whichever decks we're working with.
So for instance, for Hello decks,
it will go through their decks.
On Ape Chain, we're going to do it through Camelot Dex.
Whatever Dex we're working with, it will go to that Dex
and automatically create those positions.
Those LP positions, again, get sent to a cold wallet,
a multi-sig cold wallet, so they're locked up.
Those are in cold storage.
But the user gets a bond back.
Why do they need to be uniform?
Because uniformity is,
you have to really cater to traders in the space.
You have to, you know, I think that's very important.
And if the bonds are uniform in size or roughly uniform in size,
they will vary a little bit, right?
Because of the amount of PBL
and the date they mint the bond,
it will vary a little bit. But? Because of the amount of PBL and the date they mint the bond, it will vary a
little bit. But the reason is, is so you can have liquidity. You need to have, if you have 10,000
bonds that are uniform, then you can have a floor price and a bid price. But you know, like,
essentially kind of like an order book, it could be liquid. And that actually brings us to the
upgradable system that Tike created as well, too it's really really cool and i cannot wait for that you guys
i cannot wait for the upgrade system that's gonna be nuts and i'll give you guys more details on
that in a minute but um really really looking forward to that let me know if that if that
answers your question actually it does it does. It does answer my question. I will ask one more question
and then I'll yield the mic over to Mark.
But I wanted to know if you could explain
how we are earning, you know,
what is our percentage that we're earning
and for how long?
Because I know it was that one point was like,
I'll do it 100%, like if for three months
or something of that sort.
Not sure if, you know, I have that correct,
but would like to have that explanation
of how we're earning yield on the bond.
Yeah, great question.
So the bonds will, the bonds,
we were kind of playing around with how to do it.
I think we found like a good simple solution.
So any basic bond will start at 100% yields, right?
And then we have this upgrade system where you can increase the yield that way.
And I'll explain, I'll give you the latest details on that in just a minute.
But we'll have various kind of promotions, like when we're doubling the amount of returns you get from the airdrop,
the amount of points you get from the airdrop the amount of points you get from the airdrop those are the sorts of incentives we'll do to push uh bonds to push uh encourage people to mint bonds
or you know uh that sort of stuff i don't think we'll change the yield for that because i want to
keep things more uniform but we will do things like just increasing how many how many points
people are getting toward our airdrop and that sort of stuff if they mint bonds at a certain period
or if they lock them up in a certain period.
And of course, if you've already done that,
then you'll be entitled to that for sure.
We don't want to punish people for being early.
So yeah, we'll have various kind of like time periods
where you just get boosters,
probably on like their airdrop rewards
and also a reduction in the upgrade fees so i'll
explain the upgrade system and how we've designed that there is a fee to upgrade the bonds from
level one it goes up to level four i'll explain that in a second but there's a fee for uh for
upgrading them and i'll explain that to you guys um soon as well okay tommy so okay so i shouldn't
have gotten into the yields but i didn't know that was going to be potentially part of the, you know, the discussion for the future. So I just want to kind of reset the room because we have, you know, like 17, 18, maybe 20 something retweets, but we have like 31 people in the space. So we need all 31 of you to retweet the space, get more people in here. We need more eyes and ears on the energy project.
Love the safety features and mechanisms that are built in place to protect us as we are the
consumers, as we are retail and big organizations. As Tommy has mentioned previously, they need to
be safe. They need to be protected. They're going to look for that. So that's so important. And I really appreciate the safety mechanisms and safety that Tommy tells us every
single space we meet about how important safety is. And I believe we're recognizing that more and
more and more as time goes on and things happen. And like Tommy said, do we need to have more pain?
I would ask that we stop the pain and start the healing,
start the healing process and start getting people to the point where we're okay with investing our money because nobody really wants to invest to lose. We know we tell people,
don't invest more than you can lose. But I don't think any of us come in here with the expectation
to lose at all. We might lose a little, but no one wants to lose to the extent of being upset
in this space and not trusting and being untrustworthy or considering to be untrustworthy.
So I really appreciate the safety that we're moving towards in this space and responsibility
and accountability that we're beginning to move towards in this space. It's a process, Tommy. I'm telling you, it feels like it's slow. At times,
it can be very grueling and already the market has its challenges right now. And to add additional
stress and pressure onto people, I don't think that's right. And we have to do better. We have to do better as
a crypto community. I'm not going to say one blockchain over another or one crypto over
another. We are all here for the same purpose and the same reasons, I'm hoping. But we want a
different way to pay for our goods and services besides using what we normally use on a regular
basis. And so therefore, making those choices, we want to make sure we're basis. And so therefore, you know, making those choices,
we want to make sure we're safe.
And so it's already hard enough out here, Tommy, Mark,
you know, Sulzaki, I just, you know,
the pain points that people have to go through.
No, we don't need any more pain.
We need the process of healing.
So let's heal this space.
Let's get it together and let's be better and do better because we can.
It takes time, but we need to move there a little bit quicker
so people don't lose hope.
The market has its ebbs and flows,
but we really need to make sure that we can come to this space
with an open mind and consider everything that's going on here
as a possibility to do better, to be better every single day. So again, I can't tell
you how much I appreciate you pounding in safety. It used to be utility. The words of the past,
you know, were utility and NFTs. We need utility because people were just having NFT projects
and selling them, but there was no utility behind them. Now people structure NFTs to have utility.
but there was no utility behind them.
Now people structure NFTs to have utility.
Now the new word is safety.
So safety, now we need those safety mechanisms.
So now the new word here
and the new thing for 2025 so far is safety.
Having said, what features are you building
into your protocols to make sure that if you're in code,
I don't read code, I don't know many people who do,
can find those bugs in the code so that people who are investing who don't read code. I don't know many people who do can find those bugs in the code so that, you know, people who are investing who don't know code, you know, can make sure that they're protected.
So finding those bugs are important. And how do we go about doing that? The average person wouldn't know how to do that. How do we do that, Tommy?
I mean, what steps do we need to take as investors? I mean, I know you can't give financial advice, but there's many of us who don't read code. What should we be watching out for?
Well, look, here's where I got to in my pursuit of security, Gabby, is that you're never,
there's unknown unknowns. There are things that you don't know you don't know. And those are,
unfortunately, things that hackers and scammers and other people
take advantage of and they find right and unfortunately a lot of times they're very
merciless and very unconscious and unconsiderate of other people i always say treat people like
you want to be treated but that's something that the world needs to embrace more i think the culture
of the world as a whole has a lot of room for improvement. One reason why I like Thailand, and Thailand isn't perfect by any means, but there is kind of a greater level of respect,
and it's not perfect. Don't get me wrong, but we need that more in the world. But ultimately,
I think what security comes down to, though, is there are things that can happen that you
don't see coming, right? And then you need to have some sort of contingency plan
and that's essentially the essence behind the security technologies that i built which is i
know there's things i don't know but if something happens i need a way to be able to respond well
and mitigate damage and that's the essence behind the security technologies we created energies like
god forbid if there's some unforeseen bug or some unforeseen event, is there something that you can do to prevent that damage, prevent that from actually playing out?
And that's essentially how I've approached security.
That's the defense in depth technology.
So again, the way I came about it is if there is a hack or something like that, first of all, I created decentralized enforcement, which by the way, I own the terms decentralized enforcement and on-chain enforcement.
Just for fun, I figured I should just own them, and so I do.
Anyway, I wouldn't mind anyone else using them but i did create those so um what that means
is uh it's it's again like a dow right a dow can vote on how to allocate funds everybody gets that
so i and really i think it's the simplest way for people to understand it just like the dow can vote
on how to spend funds or how to make various community decisions a dow can also vote on how to spend funds or how to make various community decisions. A DAO can also vote on enforcement.
And enforcement means when a bunch of money is stolen, if someone took advantage of the
system and found a bug to take advantage of the system, that the DAO can come together
and say, no, no, no, you can't do that.
And they can retrieve the funds.
Like for instance, in the Shavarium hack, I'm sure the vast majority of the community would probably vote. If there was a vote that could happen that said, hey, you know
what? We're not okay with the hacker taking those funds. It needs to be returned back to the wallet
or a wallet that we can redistribute back to where it's supposed to go. I'm pretty sure at least 90%
of people would vote yes on that, right? So that's the essence of it, is to have something where the
community can protect itself through a voting mechanism.
That's decentralized enforcement.
There's another critical piece to this, though, and this is just, so this whole thing that I explained is lacking everywhere except for energy.
And there's a second piece to it, another layer of security that you actually need on top of that, because that first thing alone will not guarantee you success.
because that first thing alone will not guarantee you success. Because if a hacker is smart, then
what they will do is they will move those funds off the chain as fast as they can so it's out of
your reach. So if they steal a million dollars, say, they will bridge those funds in the next
five minutes. And before anyone even knows what happened, those funds have already been bridged
to Ethereum or to Bitcoin or any other chain. once it's turned into ethereum or bitcoin there is nothing anybody can do and if the hacker is smart then they will stay quiet and
shut up and not say anything for six months and wait till the coast is clear and the attention
has come down and then they'll start mixing and selling it not all of them are smart but but that's
how that's how a smart hacker would do it. But these are the layers of security that are needed.
If you do what I just described,
you can pretty much respond to any malicious activity.
So it's like an all-encompassing solution
for those sorts of events.
But the difficulty I ran into over the years
is first of all, when I explained this years ago,
some people thought it
wasn't even possible. So I had to really think about how do I explain it to make it simple.
And that's where I got to explaining it like a DAO. People understand a DAO and there's hundreds
of DAOs out there, so you can't really argue that. And then I think it's easy enough for
people to understand now, but I think the issue that exists now
is still a lot of people, A, don't think this is possible, and also just kind of go along with the
flow. I think most people, the way they approach security is they're kind of like, whatever. And
then when something bad happens, then all of a sudden, they're really engaged and security-minded
for a little while. And then a month later, they forgot about it.
And they just go on their way.
But again, I will tell you one body
that will not tolerate that,
that will not accept that.
And that's institutional money.
You can't put $100 billion of bonds
on a blockchain and accept that.
Like it just simply unacceptable
to assume that risk.
So I think energy will start to shine
as because i know
institutions are working on that right now right they're working on deploying billions of dollars
on assets on chain and i'm really interested in watching and seeing how they approach security
because the technologies that i created are going to be necessary for them whether they copy what i
built or whether they use energy which i will be the ultimate, it would be quite nice if they actually use our blockchain.
But I think for the day-to-day users and most people
in space, they just kind of get hit and then they think there's nothing they can do about it and just
kind of accept it.
You know what, Tommy, I really appreciate you saying that because
I think what institutions are going to do is look for people who have that infrastructure because they're not as not knowing or as ignorant as we think they are. built? What are the safety mechanisms that you have built into your infrastructure, your protocol,
you know, that would assure us that we wouldn't, you know, lose money, you know, per se, because
I think they're getting savvier and savvier. We actually, Crypto Queen, myself and Yonda,
we actually had a space with Renee Behrman. She is definitely, I mean, she's with the Global Blockchain Council.
I think I might be saying that wrong,
as well as she's been in this space
and that regulatory requirements.
I mean, again, she's someone who has a very lengthy,
wonderful LinkedIn profile,
and I'm gonna try to find that the space there.
And also you can check her out on LinkedIn.
They're becoming more and more savvy
and regulations are what's needed.
And so they are asking those right questions.
There are councils out here that people are sitting on
and having these discussions.
The discussions I just, you know,
hopefully see that one day, you know,
someone from Web3 like yourself, Tommy,
who has built the safety and the infrastructure,
you know, necessary to be okay for organizations to use, that Renee Behrman would be someone that,
you know, could, you all could work together and Yonda being there as well. So there's a lot of
people who know each other in this space, and we all want to come together, but the infrastructure
has to be right, right? i think you you're definitely on the
right path and there are a lot of people out here who are watching who are looking uh and want to
see that infrastructure being built correctly so that it can be of use by other institutions so i
really do appreciate that and i'm going to look for that uh that posting um and uh renee bearman
under yanda's page.
Yeah, thanks for mentioning that, Gabby.
And I welcome connections.
So if you have like people to help this come,
you know, help this get there, I welcome that.
Because I've been trying to get the word out for years.
And, you know, to some degree it connects with people
and then, you know, to some degree,
it's just this really heavy attention economy and then the next meme coin comes out tomorrow and everybody forgets.
You know, so I would love to, I've been, I've been, I think, I think up till now, it just,
you know, again, I think the timing is, it's all timing. And I think the timing really just
depends on institutions because they really have the most at risk again i think for most day-to-day users i wish more people cared just and just really
really cared about security and it was like a non-negotiable for them because uh for those
people i mean those are our people that smoke for me it's a non-negotiable and for me it's it's
coming from place of responsibility because i created a blockchain and that's i take responsibility
for all the users on my chain and that seems like kind of a crazy thought on its own right because
i guess not every project does that but um i take responsibility for all the users on my chain and
and i need to make sure that they're safe and i need to make sure that predators cannot take
advantage of them um and i just people do that you know i mean
parents do that with their kids right it's so different you know i just i just refuse to accept
that you know a blockchain couldn't have the technology to protect itself and its community
for me like i never like that that was something that i immediately felt years and years ago.
In 2018, I felt that.
But to date, I see huge blockchain projects, billions of dollars, and they don't feel like it's their responsibility because they don't understand what decentralization means.
They're caught up on the word decentralization, and that's a whole other discussion which we had before.
caught up on the word decentralization and you know and that's a whole other discussion which
we've had before but again the essence what decentralization means is having a network
that cannot be taken down that's the true meaning of decentralization it does not mean a lack of
governance and people still like probably the vast majority of people in space still don't even get
that so i think i think part of it's like an education thing for people to understand that a blockchain
can govern itself through decentralized mechanisms
and that that is possible and that becomes expected.
And I think ultimately,
I think one word I love is inevitability.
I love that word.
What I'm describing is inevitable.
It is only a matter of time,
whether it's in five years or 10 years or
however long eventually people will have the expectation that a blockchain protects its
community and protects its people that's not the case today you know but for me that's what i felt
all the way back to 2018 i feel and to this, I feel it's a blockchain's responsibility to protect its people,
protect its community, and that can be done while embracing the ethos of decentralization.
So, Tommy, I'm going to also ask you, you know, like you said, it's your responsibility,
but then when things go awry, you know, and we have, you know, you know, chaos happening,
who do we then hold accountable? Because I think accountability is just as important as responsibility. So, you know,
if we can't hold someone accountable, that can be a little scary too. So accountability,
I would think, you know, in my humble opinion, is just as important as responsibility.
Well, those words kind of rhyme a little bit right and so i mean they go together
like people who don't want to take responsibility don't want to take accountability or feel that
they are accountable right and that's the problem again people use the basically the way they
explain it to themselves and to other people is that it's a decentralized blockchain and therefore
it is not my responsibility or accountability.
You know, make sure to protect your shit.
That's what people say, right?
Isn't that what they say?
Yeah, I mean, I feel like that's common in how loose we are with safety.
You know, like you said, here today, now it's a big deal.
You know, I can't lie.
You know, you see people going into the VCs a little bit more, you know,
because it's now like it hits home.
You know, and I think that happens for a lot of different things that until it hits your front door, you're not concerned
about it. But now when it attacks your front door, you know, you're one of the first people that want
to be there. And now you're, you're, it's very important to you and it should be important,
you know, along the way, you know, safety should be something that we all, you know, we all say,
you know what, we want to be safe, no matter what we do, how we do it and when we do it or where we do it.
We want to be safe at all times.
But like you said, you know, it's very it's very loose in the community.
We say safety, safety.
But, you know, as soon as things boil over, we're mad.
But as soon as, you know, everything's OK, it's silent.
Then we go back to doing what we've been doing the same thing.
And that's just called insanity. Right. insanity right expecting a different result doing the same things
and that's what i would really hope to see i want to see more people like
hold on to that security thing and realize like hey you know like we really have to get to a
permanent solution we can't just let these you know it's like the house burns down and you rebuild the house a year later and then everything's okay and then burns
down again. And then it's like, yeah, like you said, it'd be insanity, doing the same thing,
expecting things to change. If you keep those vulnerabilities alive, then expect another
vulnerability and maybe a worse one in the future. Right? And that's actually what I'm expecting in
the space. I expect the crimes to get
worse and worse the buy it back was huge it was 1.5 billion it's not over there's going to be a
10 billion dollar hat promise until the space embraces what i'm talking about maybe there'll
be a hundred billion dollar hat you know i don't know but the house is going to continue to burn
down until enough people in the space say, you know, enough is enough.
No, this is a non-negotiable. And then other people are going to argue them about it. Oh,
but you can't do it. It's technologically impossible, blah, blah, blah. And that's
where you have to stand up and say, no, actually it is technologically possible. It has been done.
It exists and it works, you know, and we need more people to get the word out about that and
create that expectation. Because until the, until the users and the world expect that, it's not going to happen.
The problem is enough people aren't demanding that.
Enough people aren't saying this is a non-negotiable.
It has to be a non-negotiable.
And then the world will start to evolve.
As long as it's negotiable, as long as it's, you know, brushed over and pushed aside, it's just
going to continue to repeat. I think people should be tired if they're not. I mean, like you said,
I guess more pain is necessary, but I would hope not. I would really like to start healing
to get better attitudes in this space, to be honest with you. But one thing that we do note
is that people do want change. We want it. We're
here for it. We just have to get there. But I want to say I did in the nest up above, I did post
Yanda Space with Renee Beerman. She is the managing director at Diamond Bay Solutions,
and she's been with Credit Suisse before. But she did talk to us about the roles of
digital assets in the space.
And so it's a great space to go and look at.
And if you don't know her and don't know people on this panel,
everybody follow the host on this panel.
Follow everybody in this space because honestly,
there's some good information to be taken away from every space.
I'm not sure how many spaces people go into.
I know Crypto Queen and I are in a lot of them together.
And so we do want to get this information out to people
and spread that knowledge.
If you can't be there,
hopefully we can bring back something here
that will help this group here.
If you don't know Yanda,
she is very influential
and definitely worth to follow
as many things and many people that she has in the works that we'll be
interviewing that are really high level leaders on LinkedIn and connecting even on LinkedIn if
you're there. If not, you know, you can connect here in many different ways, but I would ask that
you all follow everyone here and also everyone in the nest up above. So because there's great
takeaways from everyone and we're trying to merge and cross pollinate
with everybody.
And the only way we do that is by getting the word out right and making those connections
and building our networks here together online as well as offline.
So really do appreciate that.
And so, Tommy, I didn't know if you wanted to get into the yields or if Mark even, you know, Mark, I haven't heard from you.
I want to make sure that you're doing OK over there.
If you wanted to add anything before, you know, asking Tommy to go into the yield.
Yeah, actually, what Tommy is saying is, you know, very serious ramifications to, you know, what exchanges are facing like severe pressure uh in
when when they're when they're confronted with hacks right so when a hacks happen their reserves
are depleted like their tokens like you know which belong to the users are like you know
they're gone like in flash so you know what is wicked here is uh and a lot of this happens in the space
where especially when um what i would say is like you know some projects are struggling some
projects so you know in a in a working mode uh they're not there yet they're still building
uh these exchanges like you know just delist them and
you know convert all of the assets to the you know to the stable coin and just destroy the entire
project you know because they they are pressured into um you know one one incident happens a big hack and and their pressure um into into so so like into selling
of that that entire like you know delisting them and just selling that entire thing and people
don't understand uh you know how crypto works this is how it actually happens on the ground
and there is a lot of incidents where you will go
um and check across a lot of communities uh where you can actually see that you know they are um
they they kind of testify like you know like how the exchanges are destroying good projects
so the exchanges come like you know their agents come and say like hey we have a listing proposal it all looks rosy and green and you know how crypto is volatile and when that thing happens uh it just it just destroys projects after projects some projects you know they need time to discover
what is a good product market fit or you know the building the team and everything it's not easy to
build it's not easy to maintain a blockchain it's not easy to be it's not easy to maintain
a blockchain it's not easy to build infrastructure it's not easy to you know build innovation so
those times are required and at this time like you know when these hacks happen
the exchanges you know to recover the the ramifications of these hacks they just
dump those uh sticks and tokens that you know who knows uh grow up to
something really cool mark i don't know but you were breaking up just a little bit so you can
repeat that i think your last statement if you can if not that's okay we'll come back around to you yeah yeah the exchanges the exchanges would just
like you know dump the project tokens uh and then you know they were pressured when whenever the
hacks and you know those things happened when their assets are depleted they're just forced to
you know dump the smaller projects that they listed uh because you know i mean it's just not
a good practice but it happens and it just destroys
a lot of uh good projects so you can see like you know the hack ramifications is is bad
yeah uh yeah it destroys not only the project but it destroys the the community's trust uh with
you know with you know the you know the either the project devs or with each other, you know, it just everybody has their own varying opinions.
And so, you know, that can be very difficult.
I know Tommy wanted to get into that probably a little bit even more later about what happened with Shibarium.
And I know we have CryptoQueen in here and Rugrat, and maybe they'll be able to come up and kind of talk about it a little more.
be able to come up and kind of talk about it a little more. I know I've been really focused on
I know I've been really focused on the Shiva Sequoia Forest.
the Sheba Sequoia Forest. I've been reading it here and there, but definitely focused on the
Sheba Sequoia Forest and getting things that we need out here in North Carolina for Sheba Fest
ready, but would love for either one of them to come up or both of them to come up and kind of
discuss how they felt in the community and how they felt about the hack as well. But I wanted,
before we go into that, you know, maybe get into the yields and the upgrades
that are upcoming for energy GMI.
So Tommy, if you wanted to do that before then, we could.
Sure, yeah, I'll be happy to explain that.
So basically, I'm loving the conversation about security.
So I do want to talk more about that too.
Queen, I'd love to hear from you.
Shrugrat as well, if you guys have anything to share on everything that's going on there.
But yeah, let me explain the upgrade system.
By the way, do I have a lot of background noise or not?
No, you were breaking up a little bit.
So I think you sound clear now, but you were breaking up just a little bit, but no background noise.
Okay.
How is it now?
Is it good now?
Yes, it's good now.
Okay, cool.
Okay.
So back to GMI LP bonds.
We'll just cover this real quick.
And again, I will explain this to you guys regularly so you guys understand it.
But we have kind of polished the upgrade system
for the bonds.
Oh, Tommy, I can't hear you.
Are you there?
Mark, are you able to hear Tommy?
Crypto Queen? Are you able to hear? No, I actually, I think we lost just Tommy.
Okay. Maybe he'll rejoin. Okay. We lost him for a second.
So yeah, we're still here. Tommy, if you can, you might need to take a quick lap.
We'll still be here. Thank goodness for your co-host, right? Because this is one thing that we've learned. You need to always make sure you have a co-host because you might lose your host
every now and then. They might need to move to another spot. So it's always good to have
So it's always good to have your co-host with you. So, Tommy, I'm not sure if you're there, if you could speak.
your co-host with you. So Tommy, I'm not sure if you're there, if you could speak.
I think we've lost him for a second.
Hey, Gappy, I'm here. If you wanted me to go ahead and try to explain.
Yeah, if you could go ahead. Yes, Queen, if you could go ahead and kind of explain what happened with Shibarium as Tommy's coming back with us.
I'll also message in the background. Thank you, Queen. How are you doing?
I'm doing good.
It's been a very long week, as you can expect.
But it's, you know, we're kind of trying to find out the clues, piece everything together and figure out, you know, what happened.
But it's just been a really big blow for our community, for, you know, this whole SHIB army and SHIBarium as a whole.
But, you know, we had an attack on our chain.
They went in and to the validators, and get the majority control that they needed to
take over the chain. And they stole, you know, a whole bunch of tokens of our community projects.
Thankfully, the K9 team, which is one of the teams I work with, acted quickly and blacklisted
the funds. So, you know, they can't be sold, but they also are not in the hands of the.
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