Hey everyone, it's Smeekle here. I'm living in the marketing and community team at Quacer. I'm super excited about our newest ball at Tom Prom and I know you're excited too because our web app had a little trouble with lots of people trying to access it. So today's a special day for us and that's where we have
have balancing, or co-founder and leader, Lawrence or smart contracts expert, and the awesome Cosmos host. It's a crypto educator who's been with us before joining in. So stay tuned for all the details. Let's add this guys. Hey, Lawrence.
So I just send you speaker invites. Can you please accept them?
Yep, I got it. Let's wait until five minutes after and install. Give people a bit of time to join.
Hello there, we are just waiting for more people to join. How are you, Lawrence, after we just lounge our noise vault?
Oh, I'm sleeping in for sure. What time is it there?
Wait, are you trying to dox me on the public crypto space? Maybe I am. So I think your accent is undeniably Dutch.
Haha, yeah, you are right, I am Dutch.
Host does the speed consultation work for you? You're good you're here. Yeah, how's again? I was just finishing up something right now while you guys are talking about docs in yourself. Yeah, I was just saying
Let's wait a couple minutes People to join in because we have four people listening in but we already have a thousand atom deposits, so I think there's a discrepancy And probably give people a bit more time for they come in
How's can you request co-host? I think that's also gonna help us some reach. I don't think I can do that. You guys will have to send me an invite and I could accept it.
It's emiko if you can find invite for call. Yeah, nice. I just send the invite. Awesome.
Then we already have 1000, the walls are already 1% filled, that's freaking crazy, that was fast.
Sir, have you deposit already on our newest vault?
me personally I'm in the I haven't done the Adam one yet I haven't had said but I'm in the I've been on the Osma pro on some stay warm no worries I was talking to ballin
Yeah, well for me though. Well, I've been told after my 20 grand launch deposit three minutes after launch, they shouldn't do that so I haven't. I'm just waiting.
I mean I won't stop you from aching now. All right. I'll I can tell you to go. I'm literally gonna do right now. Watch me.
I got people slowly joining awesome
All right, Hoss, whenever you're ready, I think we're both ready. I'm just literally going to pause it right now. Yeah, I mean, we can get it going. I mean, I'm sure it's recorded so people can listen to the recordings. And I found out like the last, I don't know, last few months, it's always like hit or miss with Twitter.
outer space is in general, especially if you don't really promote it, you post it out and that's kind of it. We have our attention spans short in this space and then obviously it's nice outside so I promote people going outside and get some fresh air instead of
been inside all the time, especially right now. But I find, even my numbers, whenever they're a little bit down, I always kind of like check out the recordings afterward. There's a lot of people listening to the recordings. They probably are out and they just kind of like, "Oh, should I miss this?" and they just kind of check it out. But yeah, I mean,
I know myself, like I've been a big fan, I kind of just been in the Osmo Pro pool since I literally since you guys launched initially on Osmosis and then kind of just been chilling, you know, and yeah, I mean personally as a personal user it's very easy, very simplistic so I have nothing but good things to say about it and then
For the Adam Pro, and you know, I'll definitely check that out because I'm you know decent amount of Adam so anything to get some yield and kind of chill back and not have to do anything I'm all for it, so I Love hearing that. Thanks man. Yeah, I mean, it's it's cool that kind of um, we'll talk about it soon
in the second probably too, but the user profile is a very clear cut for us, which I think is something that a lot of crypto projects are struggling with because it's so hard to figure out who your users are in a decentralized anonymous space. We thank you, you do not have that specific issue. But let me do the honors and kind of start us off.
Hello everyone, hope you're all doing well today. Pretty excited timing in for us. Our second big vault is launched just recently. We also are going to introduce we have Cosmos Hoss here leading this space which is pretty sick. Again you've finished your supporter from the get go super exciting.
It's also great to see some of the listeners reese in a boba. I know we know all of you Rob stately pretty sick. So thanks for being here listening in and yeah, maybe I'll give the mic to Lawrence and to use himself quickly. My name is Malayol, co-founder lead over here and ready to get the space to start with.
But Lawrence, maybe a couple of words from you, and then we can take it from there. Yeah, definitely. I'm Lawrence. And the smart contract leads here at Poise are... So I'm just the D-Gen writing our contracts, getting stuff to work and giving you guys hopefully a nice experience.
So yeah, how's it? Are you ready? We are ready.
Yeah, so thanks everyone that stopped by today and you know looking forward to asking you guys some questions. I know we had a space quite a while ago. How long has it been since most of us pro launched? It launched with mainnet which was precisely the 23rd of March because it's three-twenties.
23 23 so that's what three months pretty much Yeah, so I think that's when we did our last space in the last time I actually kind of talked to you guys on a call or whatnot It might have been that same day or right afterwards, but yeah, I mean that's awesome, man. It's it's three months
in this space goes by so fast, you know, it seems like yesterday and it's great to see progression. I guess like to start it off, I mean, I already kind of did the little intros, but like what lessons have you guys learned or deviated from the Osmo Pro to the, to the, the, the, the Adam Pro?
Yeah, our lead loans hit a technical part on that but from a planning part definitely more leeway and more time planned in for potential for tests and potential you know, mishaps given that at least in main at launch time a lot of the infrastructure and calls was kind of
was not really ready for what we were doing. So a lot of unexpected issues surrounding, you know, let's say, relayers and stuff that we are interfacing with. So planning much more time, we also have a project manager who's very well integrated in processes since then, so that helped a lot with basically just tracking which steps on
the whole pipeline. So the biggest takeaway from my operational perspective was definitely just giving everyone more time and being very clear-cut about the steps. But on technical level we also did a lot of investments, or even clarity wise what we're looking for.
definitely that users want a good experience and that's the main and only thing that really matters. Lawrence is going to be able to say something on tech side but what we found is people just want to easy use experience and that's all they ever wanted. So anything and everything should be in service of that and I think that
kind of helps as well with the messaging around AtomPro. This time around is we haven't emphasized that much what makes it special, more what is easy to use and what makes it a pleasant experience for users to have to yield automated. But yeah, Lawrence, if you want to take it on the tech side.
Yeah, definitely. So on the tech side, we're just moving to have a more stable working environment, so more stable. Vault that's running. So if you guys remember, we had some times where I share a minting took a
bit longer than expected. Now that's obviously a bad vibe. So, right, because we see the best years experience people want is just basically one click and not have to worry about their funds anymore.
That's where we're aiming to go to have everything just magically work. But sadly, like, IBC is still young. Cosmos, relative to speaking, could be said it's also still young. So we're not quite there yet. But I think it's ways are we're definitely heading there.
Yeah, I mean that's like add kind of add into that I mean the one-click transactions obviously are like very essential in clutch and future proof and Me my background if anyone doesn't know like I'm in accounting and finance and I deal with a lot of people in real life with different wealth incomes load made metal, you know high to extreme
and one of the common denominators with all of them regardless of their financial wherewithal is a lot of people just don't really technically care too much for financial or finances like they you know they want to make money but they don't want to be hands on it just like here's my money make some money with it so you know this space
At times it's almost like we put the cart before the horse and everything was so you had to do everything yourself and even myself like when I first got into this space I was excited for all that because I loved it you know being a complete DJ and clicking around and now I'm trying to like I told myself gun in a 2023 it's like look spend more time outside
you know still put in the grind and after but really try to automate and really kind of take all the monkey workout that i was doing on a day to day that was around how many hours probably i was wasting a day just being like not sufficient and so you know things like this like i always shout out you'll miss for auto compounding and just like stuff
that you can do where it kind of does all the work for you. I'm a really big fan of it, you know, and I just like the optionality. Like I'm all for people that are building out tools, whether I use it or not, you know, or the other person uses it or not, it's a different thing. But, you know, competition always is the best when it comes to that. You're like more, more options for#
the better off the products you usually get because that's more competition. Some things might be kind of similar so you're kind of competing and then you want to bring out the best in everyone. So shout out for that because I've been doing the Osmo Pro and one of the problems that I have with like Osmosis is not the user experience
is like I don't want sometimes I just don't want to do stuff like I like let my rewards compound sometimes we're just sit there for like weeks at a time because I just don't have the time sometimes to go and click you know compound or put it back into a particular pool and and I'm all for these like automated strategies and false and things like that so just want to add that in there
No, it's you're actually right and I think that you know your smallest front-end user experience is phenomenal for people that really want to kind of you know customize everything and Kind of really do dialed in as they want especially with up-and-coming constantly quality But I think if we are looking into a space that wants to grow and wants to track more users and
And we have to also look into what traditional finance did as an evolution and what it did was as the management becoming one of the biggest industries in the entire world because people don't want to deal with it as you've said. And that's also a part of the reason why almost all our big depositors, we've had a couple conversations with them recently about the experience and kind of
why they're using Quasar and it's the same profile all around. It's people that say the same as you said, I don't want to deal with it that much. I don't want to keep doing it all the time and you know, recheck the yields and kind of, I just want the things to be automated and that's also part of the reason why you know, $40 trillion which is a complete insane amount globally
are managed. For some reason because people don't want to deal with it, for most reason because people don't know how to deal with it well or because the amount of work involved just needs to be outsourced. And so that is what we're going for in Quasar to augment the experience of small users that do not want to customize everything to the last degree. And I think I cut into Lawrence.
Potentially wanting to comment, I'm not sure. Oh yeah, absolutely. Yeah, I mean, I just feel you man. That's for me the best part about being a part of Quasar is I can literally like make the product I want to use because luckily other people also want to use it just not having to care about.
what's happening to your money underneath because you know, literally it's working for you, something is automatically happening for you. And obviously like right now, we're doing this on those Moses, which Moses is a pretty nice platform, but there's still, I think, some of the
want to build because there's still a ton of stuff I have to do with my money. I still know for a fact I have some Mars sitting around which I still haven't compounded right now and it's waiting there for me something needs to happen with it but there's just nothing happening right now.
Yeah, I mean that's that's very you know it's a good point is like like I was saying is I have you know like a lot of people they don't I don't want to sound like I'm flexing or anything but I have four monitors and I have stuff everywhere and I feel like I'm pretty spoiled when it comes to like clicking around
around and having all these tabs up and things like that. But even that, it just gets like, covers some, and tiring. I can only imagine like being in a space and most people do, they only have a mobile phone. So, I mean, I would have a terrible experience. I probably would rage quit. Like, Crypta, if I only had a mobile phone, like I basically only used my phone for Twitter spaces.
about the only thing I use my actual cell phone for. But yeah, the automation to just make it simple so people can just chill out and still be a part of it. I guess maybe some protocols may not like it. If I was building on this most, I would want people to keep coming to our protocols.
every single day and check it out and do things like that's probably better for them but like the user like it's actually it's hot. It's also you know we're talking about how we have very unique user profile it's um we have by the this maybe a bit early I think we are it honestly
We may have just crossed it. I think we have 2000 users by now. And the amount of stuff they do is very low. Now, if you build a product in the age of pre-Google internet like Yahoo, you would say that's really bad statistic. I would want users to spend as much time as
possible my platform, you know, the Yahoo philosophy internalize everything. And then Google came along and said, how about people who spent the least amount of time possible on our platform? And that's kind of the philosophy that we are looking at here. So 2000, you was just 2000 depositors, but the amount of actions they take is usually one.
which is the positive all. And that's my design. I think, you know, the space needs to move into that direction. I think if you look at user flows for centralized exchanges, apart from maybe a 5% user group that is actively trading, most logins are just going to be for people to check what the prices are.
but the amount of actual actions they take is going to be maybe once a month, paycheck comes in, invest $100, call it a day. And I wouldn't consider exchanges to be an unsuccessful product. So we're pretty excited to spearhead that movement of not necessarily trying to keep users on the platforms as long as possible.
Also, if you look at this from like an osmosis angle, we're not like taking away liquidity from osmosis. Instead, I think you could even argue like we're reducing the amount of maybe at some point, especially once a constraint liquidity comes out, we can call it dumb liquidity.
write based these capital that isn't being efficiently used, which if it were to be like properly managed and I think we could call it more efficient capital than if a user that doesn't care, just doesn't care almost most.
Yeah, I mean that would be the goal for them for osmosis is to have different dApps basically just connecting in and whether you're on actual osmosis or not it doesn't really matter because the activity still going through there so yeah I mean I get that perspective totally.
Yeah, also, you know, we mentioned this before, but I think it's a good moment to just fake the prefaces again. Quasers aiming to be a high A/UM, but low TV outchain. And what I mean by that is our product always leverages other products benefits, right, and kind of designs and experiences.
experience that's creasing for the user. So for instance, if osmosis didn't have the advancements and the features it had, then so would the quiz of all speed less interesting. And so this is kind of why we see ourselves part of your Cosmos 2.0 is that we are inherently in need of good products that are created to IBC.
And we are saying look if these products were designed with IBC as a core feature because mostly there are mostly IBCs only designed as a as a real way to deposit or use the products What we are saying is let's attach IBC functionality and make it more a core part of the product and you will
Who's that? Now back to the user experience, you said to just make it very easy for users to use the products that are underlying. And as Lawrence has also said, beyond the smoses, you know, smoses are our very proud home for now and our very proud focus as it is in our opinion one of the best products and all of Cosmos.
But we've made this very clear a long time ago as we are in ABC L1, right? We are part of Cosmos, but we are predominantly in IBC focused layer one. And as IBC expands beyond Cosmos, so will our products. And that is the entire goal. Because once you can, you know, aggregate products and offer
across different ecosystems on Quasar, then so does exponentially the user experience improve because now you can consolidate users from different ecosystems on the one place and also allow them to see products they maybe haven't wouldn't have had exposure to before. I think a lot of people can relate that
that, you know, everyone's in a while we stumble upon a protocol we've heard of, we've heard of, but then it's just not on the chain we've ever used. And so we just, you know, keep looking on Twitter, even though it's potentially an exciting product we would have liked to experience. And we see Adam Pro as kind of, you know, the place in which we fund
positionally position ourselves as the vault platform to use in Cosmos and as IBC expands so will we be out. Just so everyone out there understands to like which liquidity pose is Adam Pro Intel what does it Intel?
I was drinking coke and it was way too loud for me to straw. The atom probe, which liquidity pulls us out of the cell? Yes, so we posted it on Twitter and think on our blog as well. So it deposits into, and now let me fact check this, but it definitely
pause into atom, st, atom, q atom, and I think Osmo atom, right, those are the three ways we have. Osmo atom because it's just the biggest pool and it's the most logical and then q and st atom because it is, it's a stable for pools of atom. So the goal really is to lower impermanent loss
as much as possible while still generating at-and-go on a small sis. Yeah, it's awesome. So what about your actual underlying token? Is it live yet? I mean, I'm not even going to burn rewards, but someone's asking for some QSR Alpha. Yeah, because
I was thinking of having other strategies involved with, after you get your quasar inside of being able to automate that too. Yeah, no, that's absolutely fair. So as we mentioned before, I'll gladly just face it again.
because I think the uniqueness of it is valid to just keep bringing up and explaining the reason that we are one of the few cosmos chains that launched with a native token yet we immediately made the native token non-transferable and changed the gas fee to a different token in our case, as more is because that way we can prove two potential regulators in the future.
that the product has used beyond the token, which we have successfully done so far, hence why we are targeting a token launch very soon. On top of that, we also were in the process of creating a Swiss Association for the token launch. An association allows for legal protection of the Dow, and one of the most respected jurisdictions in the entire
world. You know, you can watch videos from us from a year or more ago. We've always faced, we've always said we want to do this right and want to this to last and so this is the right decision and even if it takes a bit longer and we could have done a came and entity earlier, it just doesn't feel that right for something that could play such an integral part in IP
and we see moving forward. So with this association down in the token launch very, very soon, I think we've mentioned a timeline as Q2, as most of our WIQ2 ends in five days. It will not be far off. We are going to allow users to have ownership of the network
And what QSR is going to allow people to do is going to be partially dependent on governance. Obviously the court team has already proposed ideas. It is going to push them once we have governance enabled and trans-us enabled. And the crazy that Tom is going to play integral part for Vault Creators. We've had some requests for the grants. We launched the grant.
I think a month ago we are in the conversation with a couple teams that want to create vaults using the Quays infrastructure. There is going to be a use for the Quays are talking and beyond again there is a couple ideas but you know it will be dependent on governance and will be dependent on what users vote into.
So there was a question in the chat. Just if you're still in here, they asked about buying the token. Technically, you can't technically buy QSR right now, but you can earn it by deploying in these vaults. There's a Osmo Pro Vault, and then there's an Adam Pro Vault. And you earn, we basically did a
are long evolved in a way. So we started awarding users with QSR tokens before the token is traded or has it actually traded value. Again, all of these are kind of non-usual decisions but they've all been made on purpose because
because this way, you know, people are able to be part of it earlier. This way also, again, you know, users get Quasar token because they believe for the project not because it already has a value attached to it while they're getting it. And it allowed us to create the 2000 people core user group that we now exactly know why they're using the product and how we can serve them better.
So for your actual I love to just pick at the token so like your actual token Are you guys in talks with getting a stake version of it eventually to Everybody wants to ask about home. Yeah, so let me let me just say it
like that, right? One of our flagship products that we have already announced, it will not be called Dollar IBC, I'm going to just make sure that's public knowledge. Our Dollar QIT, you know, IBC index is going to have state tokens in it. So it
It would be very logical for Quaser to have a liquid state token as well. I would be lying if I said there was a high priority because we are currently heavily prioritizing user experience and products we are shipping. That's going to be a priority for Q3 leading up.
So, you know, I think it's not really out for league. I think it's fair to assume that we're going to have a liquid stakeholder. But again, decision making process through governance for apparent reasons and after association formation, which should be actually this week as well.
So like if I'd ask you personally about like inner chain accounts, like what do you find most fascinating with inner chain accounts? So firstly for me, this is a bit of a point I keep getting back to. I think in chain accounts is a very good first inspiration.
And I think given that like IBC isn't that old, I think in China, Canada is very clearly okay. So where do we kind of want to go as a dev experience is to be honest, not that good. Like there's a lot of stuff you have to take care of on the back end, which you kind of don't want to take care of.
I think it's very nice and it's very good that we have it like we can build and completely new kind of app on it. I think there's going to be something like an interchained accounts V2 or like a new IBC version or something which is going to make everything work even smoother. Nice. I have just I
I've just commented a meme that I posted a while ago if causal wasm and I say our friends I think it explains it quite quite easily. But yeah, I you know, I say is a cool product and we are using it for infrastructure but as Lawrence has said, perfect may not be the word.
That we would use Yeah, I mean nothing ever is so I mean that makes sense but let me cuz I know they just asked about inner chain accounts and I know Quicksilver I haven't spoke with them in a long time, but that was like their key focal point was was inner chain accounts and inner chain queries and I was just kind of scanning through
scrolling through your timeline on your Twitter. What kind of collaboration do you guys have with one another? Yeah, no, great question. Also to that point, you know, quicks ever has a liquid-staking product which I would assume, you know, we're cleaning up the quicks ever team, but I would assume works a bit leaner
with ICA. No, so we have essentially with the index token that we're going to launch, we are really aiming high for it and we wanted to be a product that's just undeniably the best way to get exposure to IBC value accrual moving forward. And so what was clear with that is it needs to have liquid stake tokens
attached to it and so once that was clear we looked at the landscape we saw quick serve and stride and While we don't have governance on Quasar enabled at the given moment, you know again coming very very soon We still wanted to allow the community to voice their opinions very clearly and so instead of the core team asked the society in
to work with, we've posted identical proposals on stride and quick server governance forums and on chain regarding collaboration for the index token. As if you build an IBC index that is predominantly going to add in value if IBC projects do well, it felt very fitting to work together with
IBC projects as an actual partnership to make the index happen and not in-house it entirely even though we could have totally done that. And so with those proposals passed, it was rejected on stride for the very obvious reason that we were asking for our index to have a lower tax in on stride when it comes
comes to the, when it comes to the liquid second phase, stride takes 10% of liquid second phase plus validator cuts, which are between 5 to 10 or an average 7.5%, which is a substantial amount to build a product on top of if we want to leverage that infrastructure, which stride unannibely, is leading.
Whereas on the quick server side, what we were requesting were feature expansions where they are lacking behind on that side because their fee structure 3.5% is much more reasonable and totally allows us to build a product without fees getting to a very high level. I think that we're going to see a lowering in fees all across the board.
But for instance, LIDO, which is the biggest default project when it comes to having a flat fee structure with 13 billion TBR, they take 10% and that's all they take. There's no fees on top of that. So given that some of Coleson's products are much higher than that, it would be very unreasonable for us to add on top of that.
And so yeah, quick silver past we've worked with the team since a month now we have weekly calls and multiple conversations on Slack and I would say it's a very integral partnership because this index product is also to some degree a flagship product from their team and you know the co-user team has love in about interest and so you know for us
to kind of open the door for quick-sell, and for them to be willing to walk through it and put in the work has certainly been a fruitful relationship that I think is going to yield a pretty good product later this year. Yeah, it's amazing. And I know we're talking about Adam Pratt, but I'm looking forward to the other poems coming out, like the stable coin one, and then you guys in the near future have the Osmo
horizon which is with rap, that coin, a theory on them. Because it's like you get exposure to everything, you know, that's the part I really like. So I'm looking forward to that. I guess if I had to give you what's your goal to have all those lives by if you had to give like an yeah. So the end
Index has a lot of moving pieces, so we have an internal timeline erotement, but I'm not willing to share it for public reasons as well. I don't think the public would be happy to have a delayed timeline there, but we have a target date. It's very probable that we're going to reach it, but I don't want to share it yet. What we've done in Quasus
which is why people have been so confident in our timelines and we've never missed an announced date is because we are waiting until we have 100% certain that data is to launch date and that's what allowed us to launch everything on time so far. So we're going to keep doing it with the index. When it comes to horizon, that's a very special case. There is a
certain unique design thing to consider when it comes to WBDC and ETH. Lawrence can definitely speak into that so I'll let him take it. But I don't want to give a talent for that. I think there is a probability that a similar product is going to launch earlier than Osmo Horizon Wood.
launch because there could be design constraints that are easier to navigate with a similar product. But that's all I'm going to say. I'll take it. I'll let Lauren say it from here. Yeah, definitely. So if you look at something like Osmo Pro, Atting Pro, or Ears DC Pro, they've kind of built around what I know, all of course most
native tokens, especially used to see on circle, use it to your cover, and all of course most native tokens. And this is like one of the weird death things that I'm going to go on short events about of the short. They all have six decimal numbers, which works quite nicely because we don't have to account for differences in
decimal numbers. And if we then move to ETH, we have to account for 80, that's the most, which, well, it isn't a big amount of work. It is enough where we've kind of got to rip ourselves away from building like this IDC index, this cost most encompassing index to deal with
Yeah, in my opinion, a bit of a less sexy problem of accounting for decibels here and there.
It makes sense. I never really looked into like the decimal. So you said that I BC 6 and Ethereum is 8. So what you said?
18 but yeah, it's it's It's just enough to be like a very annoying issue It's it's peak the number you asked Yeah, that's that our team has to deal with the users should never ever hear but yeah
Most of the stuff in crypto users and a few years from now hopefully well I have to not know any of it and that's the goal right like I shouldn't have to know that I'm connecting you guys are connecting from one chain to another and doing all this stuff we just know it's gonna work you know so I'm looking it's getting a lot better I mean
I basically got into crypto around COVID time. So it's been a couple of years now, over a couple of years. And I remember when like Osmos first launched in June of '21 and compared just the ecosystem as a whole now till now. It's just day and night. And it's not that long.
I mean, like tech moves so fast. I mean, I know people in this space sometimes are very impatient. That's one of the reasons why it was a good response of you not giving like a timeline because, you know, so sell yourself low and whenever you over, you know, you basically deliver, you over deliver, but this space is very impatient.
learned and it's kind of different from like traditional tag like I mean it takes a long time for stuff to like really ship and people don't realize that and it's just it's fascinating to me because like I feel like an old man saying stuff like this but I remember when like Amazon was a freaking bookstore and like now
3.94 and then it took them a long time to become kind of a powerhouse, you know, as like they started off with one use case that I think they had a pat or something that they were the first ones to ever have like one click transactions for shopping carts and they have like a pat and you should consider too that
But they how long it took them even though they were building an infrastructure that was definitely more like I would say internet 94 infrastructures more advanced in way cryptos right now. So you know we are still long long ways ahead. But you know one of the earliest pictures if you if someone you know if you have it please never share it but if someone finds that
first pitch deck of Quasar November 2021. One of the big statements on that pitch deck was abstract IBC away from the user. The user should not know about IBC. It's the same as you know you don't really know which server your website is hosted on. You just wanted to load fast.
be available. And so I think the ground philosophy is very shared on a lot of crypto orgies. And after the crypto since I'm 16, after being crypto pre 2017, bull run and I remember a phase where use experience got considerably worse than it was. The first ever crypto engagement I had was on blockchain.com.
and back then you had a beautiful one-page widget that told you which acid you want to buy it only had Bitcoin so that wasn't easy decision then how much do you want to buy and you typed in the number and then it told you this is the bank account please just send this much money to it and then the last field was which Bitcoin address do you want you
bit going to be sent to. There was no account, no guest account, no email log, and no password. There wasn't any KYC. You just got the bitcoins three days later. So, you know, I think that the people that remember those days are kind of longing for user experience that streamline because once we got the patch regulatory framework globally, it just became weird to
Yeah, I mean, like Cosmos is like the standard for interoperability like they from day one That was built out with that kind of that premise and that core thesis of like basically the end user doesn't need to know that they're connecting to all these different chains and the app chain thesis and very bass. Yeah, you
You can get out the list of accomplishments that like Cosmos has already done already and achieved and like these other monolithic approaches are trying to kind of catch up and they're doing things by addition and not the core premise of it. Cosmos is day and night.
I would give this week, I would give this alpha right now. By the end of the year, the IBCU experience is going to be significantly better because it will not just be cosmos. Yeah, it's good. I mean, I've talked to all kind of teams that are
Working on getting other ecosystems that technically right now are IBC, you know, and there's a lot like going that way and that's the future of it That's why like when I first found the cosmos was when I was most launched and I was like from I always call it a customer experience as a holy shit That was way smoother than what I'm used to so that got me curious
like that really like picked my interest and then that's what I went down the rabbit hole and just did thousands of hours of research into like what it what it is who who's the part of every chain like who are they like what school do they go to what do they do and they just got me here and then you know just just like the communitarian part of it like it there's some cons like
me wrong but like you just made me realize I should probably take my school out of my LinkedIn profile. Anyway, I just went down that complete rabbit hole and I was just sold you know just from my user experience. I was like holy shit that was smooth. I was so used to everything being so clunky and
like all this fragmentation and don't get me wrong like it's not a perfect solution but it's way better than what what else is out there and it's offering and you know there's never been an IBC hack you know and like it's just it's just a it's just a day and night comparison when you compare it to like trying to send tokens from one blockchain to another that's not
and some other people are doing to kind of get, you know, it feels like that same kind of monolithic approach because like it is cool. Like if you're on a theory on pre- like a theory of gas being obnoxious and it's still kind of obnoxious. It's way better it was. But like you just you just connect and do things. You know, I know when I first started off the ausmosis, one of the
things that we had to answer all the time was hey like where's my atom at because they're so used to like having atom or like Ethereum and then they would go on like you to swap and it would just automatically show on there but it's like now they're all sovereign chains and all this other stuff and yet they kind of explain to them like what the difference is but once they started using the product they're like yeah that's
way better. It's going to be interesting to see one year from today or even a couple years from today, you're saying about the experience been a lot better. I know some things that are in the works too. It's going to be fascinating to see the internet of the blog site. It's like the vision of day one of all this coming to place.
take part of it. It's also exciting because when Cosmos proclaimed Internet of Blockchain, what that would have meant is so vastly different from where we are today. But again, the gold endgles are always the same.
Let's do the other questions left pause Yeah, I was gonna say like I don't know if anyone in the audience had any I was just gonna say that he was if any one in the audience has any particular questions if you want to come
up and ask or just like send a DM or put a comment in there. I mean I can't really think of any other questions. I mean you guys were pretty thorough from the start so.
Yeah, I mean while people ask, you know, just request speaker if you have a question, but while that is happening, I'll just do, you know, little, I guess, kind of closing-ish, monologue, but, you know, the philosophy of craze of user experience, aggregation, you know, making the entire ABC experience easier.
continue doing that even if the roadmap is not public we're going to actually share a public roadmap relatively soon. We are relentlessly working on making IBC something that is going to window interoperability wars because they are ramping up. There's a lot of different players hopping in especially in this bear market.
a lot of different teams popped up. And so for IBC to keep a supremacy which is under the house right now, we need to work on the use experience side while other teams work on bringing IBC to other ecosystems. And so Quaysize is going to stay being a hard line IBC team and keep
building our products that allow users an easy user experience by just subtracting the entire experience away. And yeah, you know, the view about our infrastructure and being an L1 is that there is a lot of products that can be built to make the user experience better. If anyone has an
questions after this, you know, check out our Twitter, Quasal.fi. We actually answered DMs, believe it or not. No, we don't answer marketing DMs. I'm sorry, but we do not have a need for that. Our marketing team is doing quite well. If you have other questions or you are a user that has, you know, unmented shares,
Again, the DMs are actually open, we actually answer them. We really listen for user feedback regarding Osmo Pro being locked right now. That is a part because it's one of the last edge cases. We've had zero issues with the Osmo Pro for like a month and a half. I think at this point, we already have a fix for this issue, so it's going to be pushed quite
It's quite soon. Reason it takes a while is because of the more direct structure to keep the contracts sufficiently decentralized. It's just a bit more complicated to update it. But yeah, no worries on that. If you deposit, you're going to get your vol chance. It may just take a couple more days while we fix it. Yeah, so super exciting.
sounds like people have a clear idea of what we do. Yeah, and I was going to ask you so like currently right now there's like two clips to do a transaction like you need to deposit. Is there any works in the future where anything practically in Austin, this already would already be shown up there so I could just like to. Oh yeah, definitely. I
I can spoil this one. We've already looked into and we're just implementing it now for a one click deposit experience. So it doesn't matter if you're on atom or if you're on those Moses as long as like this correct chain support, the correct stuff.
Right, we can do one click experience to deposit your funds into a project box. We are pretty obsessed with less clicks as an overarching philosophy. So there is thankfully some advancements packed forward in middleware and others where we're going to
implement all of those. And essentially the goal is that the same way that Kepler now shows you on one page all the assets you have on all different IBC chains. The goal is that we can just read what assets you have on other IBC chains immediately, not just on the smallest and allow you to just immediately deposit them into a vault instead of
sending it to our chain and then opposing to a vault. Deadflow is especially going to be super exciting in the future which again no timelines but once the gas token is quazar that could also automatically pay for the gas fees for you so you don't even have to acquire quazar for that transaction so you really just fully
I just got it an X thing in my hand. I want to say a couple last things before you close it off. We already have the boss already 1% filled which is pretty sick considering that half the time since we had our call we had so many
visitors on the site that we were suffering from success and low times were long. So thanks everyone for the positive thing and for continuous deposits. Also we just hit 2000 users which is actually incredible. I think the leads for active month users I think is osmosis with 30 or 25 so to consider that like you
know, 10% of those most issues have at least interacted with Quasar is incredible. So huge thanks on that front as well, especially in a phase as we are right now where the contracts are still not open-source, which will also happen very, very soon along set our entire public long
and the other steps we're taking within the next month and two. We're hopefully going to see some more trust. I guess actually less trust assumptions needed because people can verify for themselves and more users. So yeah, thanks everyone for listening in super exciting. Again, DMs on crazy.
the fight, whether I actually open, you can see right now Lawrence is Twitter who's criminally under follow-out so if you want some tech scoop and tech comedy follow-up Lawrence otherwise you can see my account here I don't feel criminally under followed anymore so thank you for getting me here and yeah
Thanks all the listeners appreciate the support and host thanks for hosting. Yeah my pleasure I always like to end it off with just you know appreciating everyone that always tunes in and appreciate everyone that always listens in and asks questions you know if you have any other questions about anything caused or related you know feel free to reach out to me if I don't have the answer I'll
Should know someone that does so I'm always here to help new users any user for anything really to be honest with it's why I do this is You know, I'm I'm a call I'm a crypto maxi, but I'm more specifically a cosmoness maxi so if you're in the IBC gang I got your back so that's all but I appreciate the conversation you guys are doing amazing things for this space
especially within Cosmos and all about the customer experience that's all I really care about the other days just making it easier, smoother, funner and whatever else you want to use to say but Gazoo did a great job so shout out. Thanks man it's a lot of fun to be a customer obsessed company it's actually right
We've been very encrypt, a lot of fun because we, you know, launching a Volgacy number grow up because people actually like using the product is super sick. So thanks everyone. We're finishing it up here and wishing you a great night, day, week ahead and see you soon for some more updates from Quasar Wing to Wing. Nice. Cheers everyone. Take care.