InvArch Community Call

Recorded: March 10, 2023 Duration: 1:10:10

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Hey everyone. I'm just giving it a moment. Let's see where people fill in here.
have a good bit of exciting stuff to talk about so looking forward to it.
But I guess it'll probably give it about one minute and then go ahead and get started.
All right, here's GM everybody and GM depending on where you're at in the world. We're going to go ahead and get started. So first and foremost, I want to thank everyone who's here already for the inverse community call. We have some pretty exciting things that I'm going to cover today.
So in this order, I'm going to go ahead and talk about OSF-staking going live on Tinkernet. I'm going to talk about the release of the Saturn Multicig SDK. And last but not least, I'm going to be talking about the upcoming in-barged crowd loan and in-barged Polkadot slot auction, which I'm really excited for.
So with all that first things first and I know it's been something that's been on a lot of people's minds now for a little bit and that is OSIP-staking so on-chain innovation funding protocol going live on Tinker Nets we had our testing back through January concluded at the beginning
February and we had massive success, a huge turnout of participation for this but the big question you know has been like when is it going to go live for real and I saw I have an exciting update. We today as a team are
Essentially just plugging in the final UI, the design is complete. Now we're getting everything hooked up in a sense, so to speak. And with all of this, I do anticipate releasing an announcement if not this weekend, then early next week.
Essentially citing the fact that everything's ready to go, ready to launch, and then launching OSIF and getting things going live there a few days later. So with everything, let's say on the schedule that it currently is on, I do anticipate OSIF going live next week. So I'm very
very excited for this will be a very big deal not just for the project but for the ecosystem. The really awesome thing about OSIF is that it gives doubt, the ability it gives them an opportunity to receive funding which is controlled and drives by the community
And it's just a really powerful way to get things going, to help teams, to help business areas, to help organizations, you know, get their, essentially get their ideas off the ground, allow them to start a type of income that can help support what it is that they're doing. Then obviously it's the community that
that has to decide which dows they do or I guess the ones that don't want to support. So we're really excited for this. It is a big deal. It's one of the main things I'm ultimately excited for when it comes to our technology. I really
think that it has the ability to provide this extremely powerful economic support layer for this future Dow economy that we're looking to realize through the Envarch Network. So with OSIF going live, this means that
individuals who have tinker and even individuals who have locked or otherwise unvested tinker they will be able to stay clear tinker in full using OSF which corrects I could be wrong but I do believe that
that I haven't seen since Ashton Network where they allowed individuals to stake their full crowd loan allocations, even all of the Ashton token that still locked due to investing. But still allowing people to use that in staking and then earn staking rewards based
off that full amount and that's going to be the same exact experience that people have with OCEF. Now one thing I would like to comment on is auto compounding. So this is something it's absolutely definitely coming but it won't be live
on Dave. So while at East Denver, this is actually something that Gabe, everyone knows Gabe, but just in case you don't, Gabe is a fellow founder of Inbarch and also the project CTL and Gabe, but to have a really fantastic conversation
with Matt from Oak Network. Matt is a technical genius server there. It's like Gabe is over here. And the two of them got to discuss about the future plans, but more specifically how to go about everything. So we have that. All those discussions finalized. Gonna be using XM
be three to bring auto compounding to individuals who are not just staking, they're token and auto compounding their rewards, but also providing auto compounding for Dallas. So that Dallas receiving rewards can have the ability to auto collect
those rewards and then if they wanted to, the ability to then, the rewards they receive to stake them further. So really looking forward to all of this that will be something very powerful and just provide a really optimal experience for individuals who are participating throughout this process. And then of course,
I mean, just personally, I'm looking forward to working with the Oak team. They've been really great friends, especially these past couple months. Love the team over there. Very excellent, very brilliant. And it's just, again, regarding user experience, it's very, very powerful. What says they will bring
the table. So yeah, so just wanted to touch on that. I am very, very excited. Like I said, Ostef, it is a big deal and it will be going live here if everything has been going good, if it looks strong, then we should see Ostef going live as early as some point next week.
We'll release an announcement first, you know, give a few or a couple of days of heads up to the community. Although ultimately this is the big heads up right here is that it is coming. It's almost here. The new UI design looks very nice. It's similar to the last
but more modernized and it's cleaner. So hopefully people will appreciate that. And with that going live, so with OSIF going live on Synchronet, we're then going to be immediately looking forward to another rollout, which is the Saturn Multi-Sate Experience.
I don't know where to begin. I can't begin to underscore enough the amount of great attention and excitement that the Saturn multi-sig SDK brought about from other teams and builders
that we were talking to throughout our time, gave an ice time at ETH. It was absolutely incredible. Borderline unreal. We have major paraging teams across the ecosystem now.
I'm talking like as far as daily active users. I'm just going off member here, but out of the top five biggest chains in our ecosystem, at least three of them have already voiced direct interest in wanting to test
out and also adopt our multi-sig and offer our multi-sig as a solution that's then available not just on their chain but then also for developers building on their chain. So this is something that was just really fantastic to hear. We excited a lot of very
There are a lot of big names also in the DAP field, the DAP layer of our ecosystem. So there are DAPs deployed on other pair of chains, which we've spoken with some of their builders, some of their founders.
And they are same thing extremely excited and looking forward to using the SATA or Multisync. It's really fantastic, some of the feedback that we received. So there is, without naming names, there's one project in our ecosystem not launched.
I've seen on our network there, launched on Moonbeam. This project believes that our multi-sign, especially a list of institutional clients which are waiting to really dive in through the Pokerai Equal
system and bring millions of not billions of, we'll start with the M's though, but millions of not billions of more dollars, more capital flow, more liquidity into our ecosystem and one of the pain points, actually the main pain point holding it back has been the multi-sale experience that we have here
here in PolkaDOS. And this team told me that not only are they extremely excited to start testing out the Saturday multi-sake, they believe that if you know everything that we say is true, which it is about its design and performances, that they believe very
confidently that they're going to be able to use Saturn to now onboard a majority if not all of those potential institutional clients onto their platform and bring them into the ecosystem. So obviously very excited about that. That would be a
big deal for the tech, big deal for the project, and a massive deal for the ecosystem, which is what is ultimately important. But the beauty of it all, I just want to say, just really want to underscore this. One of the really amazing things about the Sal is
We are talking about a multi-sig experience that is powered on our chain, on one chain. And while this is the only place that is natively deployed, so to speak, it is available using XCMV3 and thanks
the way that Gabe's been designing it. Deployed on one chain, native to one chain, but able to empower and service all other pair of chains in the ecosystem, as long as we have an open channel with that chain or with those chains, then not just the direct users who are interacting
with that chain, but also the builders who are deploying taps on top of those chains, they're going to be able to tap in and use this multi-sig as if it were a native feature of that chain. And it's a really powerful, really, honestly beautiful thing about XTM and about our ecosystem is
that we're able to build out something that is so optimized on our chain using our block space, we're running our block space for this, and essentially servicing this block space throughout the ecosystem to strengthen the ecosystem as a whole.
exciting stuff. And then also one big thing I do want to add, I want to note with it all, is that with the Saturn Multi-Sig, one of the really awesome things, like truly, truly powerful things about it,
is it's bridgeless. This is a mouthful. So bear with me. Bridgeless multi chain asset management and off chain sign. So just think if in case anyone's sitting there like what the heck I'll go ahead and explain it briefly. So
When I say bridge list multi chain asset management and this is as I said before thanks to how Saturn was designed using or with XMV3 in mind. It means that a down on our chain or a multi-sick account on our
our chain can also be able to essentially spin up other accounts. I'll link to the same accounts, but other like have other multi-sakes which can exist on all these other chains and able to own assets that exist
natively or not natively on all of those other chains so the ass that let's say if you have an asset on moon being flimmer on moon being You launch a multi-sig or I'll use moon river right now because we're still talking about you know tinker net with kusama So we have tinker nets. Let's say there's moon river and there
There's also Shiden and an individual has a whole bunch of assets, a slew of assets on Shiden, they have SDA and they also have assets on Moon River though, so they have Mover. They can have this one multi-sake and they're able to have balances to control assets
those asses on those other chains without needing to actually bridge those tokens to the tinkering chain. So those tokens never need to leave the chain where they originate from. The only reason that you would ever need to move a token is let's say if you were trying to access a certain D5
protocol on a certain chain. So let's say if there was like moon well on moon river on moon beam in this case, let's say moon river. So if someone obviously they wanted to use assets on the moon well platform, then those assets would
need to be bridged over to Moon River and of course under the the cyclist would be need to be the correct standard of course for the platform so over there they use like the XZ assets standard and then they can go ahead and use those assets
But apart from that, the ability to manage and use a protocol that is already native to the chain where there is assets already exists, nothing needs to be done there. But regardless, apart from moving around to access
protocol. If a project or a Dow or a multi-sega counselor, whomever, is looking to have this essentially one multi-sega where they are wielding or they're managing various different assets across various different chains,
they're able to do that without needing to bridge those assets to Tinkernet. They never need to actually exist on the Tinkernet chain, which is very exciting. But then we also add an off-chain sign. And this is where things get really, really powerful. And we're talking about
a dowel where I'm going to say on our chain, being able to own and manage ease on the Ethereum blockchain, not needing to own or manage ease that is actually, you know, rapeseen that's on this chain that would
to be bridged over, you have to bridge your ease from here and then use this teleport thing with axlar and you know I think you know none of that. It's just with off-chain signing it's going to be very very simple, very smooth and while they are two different chains and typically otherwise too currently.
interoperable or non-interoperable environments, individuals with our multisaker are going to be able to, as I said before, own and manage ETH on Ethereum. So native ETH on Ethereum. They're going to be able to own and manage Bitcoin on the Bitcoin blockchain.
And so on, it's going to be really, truly awesome. So it's something that we're just, we're really excited for. It's, you know, I mean, call me bias, but it's going to be a big deal. So, I mean, just because with all this, what it unlocks the abode for people to do, it's
Also at its lowest level are DAO framework. For, we're not DAO framework, but framework, yeah, framework for DAO is at the lowest level. Multistig is what will allow individuals to essentially construct this system where they have a core treasury.
And then they have a subtreasure or subtreasure ease and they're able to define the accounts that have voting access and they're all boarded for the multi-sake for the core treasury. They're also going to be able to define custom rules.
and permissions for those accounts and then the same thing with those subtreesaries they're going to be able to define unique roles and permissions over those accounts as well. So creating a very dynamic multi-chain multi-sig experience.
It is a big deal. It is incredibly powerful. We have a nice decent line of partners lined up from the ecosystem that are looking to use this. As I said, I really, really believe this is going to
be a big deal. This is going to be something quite massive. So I am excited and looking forward to the actual release of Saturn and of the SDK. Mind you also one last thing on Saturn. Saturn has been created in a way. We're using our
So that while any builder can hopefully easily get going with it, start to build out either multi-sager buildouts, a multi-party ownership-powered service resolution or application. It's also been designed
So that ecosystem wallets can more or less easily plug it in. Now of course, there's have to be some slight UI design on their side to accommodate for things. But with this, with the way it's made, and so with a little bit of UI work, this means that projects such as talismans, such as no
mobile wallet could actually implement a very nice UI in the web browser or on mobile right off the bat in your wallet for your multi-sig. This is something that we've already spoken
with these things about. Something that they are looking forward to and something that we will of course be speaking with them more about here very very soon. So in a nutshell, big nutshell, I do think that that's the most part everything there is to cover that I want to update everyone on with
Saturn. I'm just really excited for it. I cannot express enough the level of attention and an excitement that it was bringing about from other builders in the space while we were at ETHM for it was almost unreal. But yes, there's a massively high
interest in this. So we're just very, very excited to actually be at this point where right now we are, it actually is more or less done to be transparent. It's more or less done. We're now just going through refactoring some things, tightening up the code a bit, doing a little bit of testing.
as well, but as I mentioned even earlier, we're going to be releasing Oceph first that's coming here very very soon and after the release of Oceph we should then be following up there very shortly after with the
with an announcement sharing the release and launch of the Saturn SDK for the ecosystem. So we have a lot coming relatively soon. And this is, I will say, timing-wise, all kind of just leading up also for our slot
auction on polka dot which is the next and I would say maybe most important thing that I want to talk about. So with our crowdline I'm actually coming up or a crowdline with a slot auction coming up. This is big time. This is a really big deal for the project.
It does look very competitive, I will say. Now, the great thing is that I can say this, I mean, pretty, and no problem with it either. I think it is all but safe to assume that Moon Sama, which I think they already have, or they had over 200
something thousand dots deployed I will say if Donnie if he shows up To this batch of slot auctions if if he starts out with the same thing, you know Just being pragmatic here. It's safe to assume that they will likely win slot number
42. Not guarantee but it is very likely and so I wouldn't be surprised there. So really looking at slots 43 as the one that with more confidence and feeling really good about our odds of taking. So what is what is all this thing? What's all that looks like?
So first and foremost, I will say it is important no matter what. Obviously to if you're supportive of the project, if you want to see is going to poke it out, then obviously important to support the crowd loan. I'm using dots. And even though there is this
kind of presets, expectations, or anticipation of Moon Samas results. The contributions, this is very important, very, very important. Actually, I can't stress this enough. Contributions that are made during an auction
within a batch, if you don't win, they will carry on into the next auction of that batch. Now, why is this so important? Because this is just the strategy here. So imagine this scenario where there's Monsama, there's
In March, there's peak. There could even potentially be another one or two other ones I've heard but Let's go with these three, you know, big players for now. So Imagine this we're doing our thing and it's just imagine that even some of the boom 200,000 dollars
right off the roof. Let's just pretend. And they start with that. They're in the lead. They start getting, you know, winning a bunch of blocks. And ultimately they win that. But in the same time, you have invarts, you have peak, you know, raising support towards their crowd loans for those options as
as well. And what happens is, so there will be the, and I will say there is technically a chance that we could actually win that, that 42nd slot, depending on the status of our support when the auction opens. If you're in the lead for just one block, then you text something, have a
chance. Which is why I say that. But ignoring that, the slight possibility of that. So we assume that Moon Samo wins slot number 42. So with that being said, then it's going to be a big question of after that point.
Okay, which project is essentially in the lead support wise thereafter and more importantly, this is a really important thing I was mentioning, which project in March or peak has the highest level of support when the 43rd auction
begin. This is very important that we try to have as much support as possible going into this and ideally being in the lead as we go into this. We want to be in the lead as early as possible and for as long as possible to help ensure our odds of winning.
This is very important. The thing about the two projects is here's how I kind of imagine things. There's no question that we have a larger community. No question at all. I will say I think what peaks building is interesting. It is cool, but I've also seen a lot of comments
and basically people saying they have no idea who they are. I have also seen a lot of people getting upset about the crowd loan rewards that they are offering. So we do have this tied per se, is in our favor. That is very clear. We have a vibrant community.
I'm just going to be completely honest here. I'm not trying to disrespect them, but they have a bunch of followers on Twitter. They have next to no engagements. So they either bought a bunch of followers to make themselves look better or their community is not vibing with them that much. Either way, looks good on us. The difference is we might
have a small number of followers, we have a way more active community, way more impressions, way more engagement, our community strong. There's notice we have one of the strongest communities out of this entire ecosystem. So in which I just side note thank you to everyone who's here because you make that possible. It is something I'm very
proud and thankful for. But we're zooming. This is our strength. We have the people. That's the fact. In March is this project for and of the people. And we have that support there. And it's going to be that support that we're
We're also looking to tap into. We might not be as, and this is intentional, as privately bankrolled as some other projects, but that's because we're not the biggest fans of
putting VCs on too high of a pedestal per se. We did raise funding of course in the beginning 1.75 but we're very careful not to overvaluate the price of the of the project. If someone's wondering like why, why would
to go for 100 million valuation and try and raise a bunch of money. Because then everyone, every community member who supports us thereafter, and especially if we're doing this stuff through a bear, they would all have a horrible experience. And that's something that I'm very aware of. I understand these are
real people with real finances, with real lives and real problems. So I want to do everything in my power to make sure that we provide a favorable experience across the board on every step of the process for this project. And while some things, of course,
There's nothing ever perfect. There's always learning experiences to take away from things. Overall, we've done a very good job with this. And that can also, especially if you're reflected with Tynkranats and just the overall results and immediate experience for those who support us in our crowd loan, for those who participate
in our LBP, we were able to provide very good experiences across the board there and it is just a factor or a product of this kind of meticulous number strategy that we do regarding our valuations and things like that. We're very careful not to jump the gun.
with things. In personally, my goal is to get the project out there with as reasonable and that's why as you've seen me be doing these slight increments each time, but with as reasonable as evaluation is possible, so that there is
as much opportunity in the future for everyone as possible compared to it just kind of being downhill from there. So that is a really big thing about us. I just want to highlight that and coming back to the crowd loan, just again the fact that we have this massive community
behind us. I'm very, very thankful for that. We were a very strong community. We're definitely in the stronger position to beat out a project such as the network. Of course, though, this relies on actual support of individuals. As I know, love is love, but people
love incentives. That is one thing. So on one note, I will share that per our recent announcements in the NVAR Schmidt Discord talking about crowd load rewards, writing 150,000 not hardcap.
giving 1.5% of the supply towards this. Face value, whether it's if anyone, anyone does the math, compares the math. This is a more rewarding crowd loan than our competitor as well. Substantially more rewarding, which is
Well, yeah, it's substantially across the board. It's slower evaluation and more of the supply and with less of a hard cap going in. So in pretty much every way, it is more favorable, which is a nice plus, but we want to make it even better. So tonight I will be releasing an article that's
article is going to break down the full final reward and bonus structures. That's really the big thing is going to be focused on the bonuses. So we're going to be discussing contribution bonuses for, and forgive me, I could forget some group here. So if I do,
Give me a moment. But we are going to be looking to provide bonuses for individuals who participate in who own specifically who own a in-barch access pass NFT that is going to give you a very nice bonus something that is a lot of what those individuals feel
Essentially, feel good and care is they help to support us early as well. So we want to do the same back to them. I'll be releasing those rewards. We're also going to be providing a boost for individuals who contribute certain amounts of dots. So essentially different tiers.
So I'm just making this up right now. These aren't key visual numbers, but let's say if someone contributed, you know, 100 dot, then they get a 1% boost. If someone contributes 200 dot or 500 dot, they get a 2.5% boost. You know, if someone contributed 1000
they get a 5% boost, etc. or something similar to in nature to that. So encouraging more greater participation through the process and possibly we're also considering the possibly giving out some additional awards
and something other than VARCH, however all of that of which will be covered and discussed in the article. The main thing here is we obviously want to provide a healthy experience. We want to provide rewards that are going to be healthy long term for the token.
for the project for the network as a whole. And also we want to provide an experience that allows that ensures the best of our ability that every participant who decides to further lock it up for two years and support us, that we make sure that it's worth their while.
And it's not a decision they regret. It's very important, Jimmy. I've made decisions with crowd loans, and then I regret them. I did not like that feeling. I don't want anyone to have that feeling with us. And so that is going to be something that we will be consciously working towards, since providing the opposite of.
Yeah, yeah, we're able to about that for for a good bit there. This is a really big deal. I'm very excited. It means a lot to me. Yeah, it means everything to me. The obviously I will say this the worst case scenario, you know, because like I said, even if a project is leading for just one block, they have a
chance. So whether it's a situation where peak network is really shows up with the dot or if it's a situation where peak network, you know, snags a few blocks and luck is on their side and it's all it takes. No matter what the outcome is in that scenario, there is obviously still a path forward. The difference
about this upcoming batch of auctions is there's only two auctions per batch. This is a bit different than usual. So usually in the past there would be several. Somewhere we're about five different auctions in one batch. The significance of this is
As I mentioned earlier, all dot that's contributed during a crowd loan, during an auction within a batch will roll over into the next auction as long as that auction is also part of that same batch.
So with this only having this current, actually having two auctions. After that second auction, all of the dot that has been contributed to any project or projects that do not win the auction, all of that dot will be
be returned to those who provided it in the first place, being as though the projects that they were going to back, they didn't secure their slot. So all the dockets returned, and then in a short bit of time, there will also then be another batch of two auctions.
And I would like to think that in any case, you know, whether it's in barter, peaker, somehow, and somehow, yeah, any projects from this, in this batch that are presents in the, in the second batch, I would all but assume, you know, guaranteed win there, but
There is an issue I will say with the user experience side of things. So why not a big deal? Awesome, you know, good to go, but why it would be a bit of an inconvenience is because all of that, as I said from this batch gets returned.
That's a new batch. That means everyone would have to re-contribute and just kind of repeating this whole process again in order to secure a slot. It's not a big deal. It's not a big deal whatsoever, but for the sake of just doing things more than one
It would obviously be a bit at least maybe annoying for some to have to go back and do those things to participate again. But I just, you know, I wanted to highlight that. I just want to make sure that everyone here to the best of their ability understands the dynamics.
of this, that upcoming slot auctions that we're about to see, they are, and intensely, they are the most competitive that we've seen in a very long time. This is a mix out of the factors from multiple
projects looking to attain their slots and then also limiting the number of auctions per batch and breaking them up the way that they have. But yeah, with all that, all that explained all that said all that out of the way.
just want to recap real quick. The big thing is just get ready. That's the big thing. We did we gave out the announcements about two weeks ago now. Made sure that everyone would have a fair bit of time would have 28 days to start to unbond
their dot if it is staking or wherever it may be out in the pariverse to unbound their dot get it prepared get ready for our slot auction the crowd loan will be starting soon. It will be announcing the crowd loan soon at least let me say that.
So, and the reason is, so I also want to highlight the crowd loan. It's open. There is also another no early contributor bonus. There is, there's going to be bonuses for those who support us in the past and for those who support us with a certain amount of thought.
But we will be sharing that announcement and everything going live soon. All that's coming, getting all the details ready. Going to make sure that you have the year available participate through by frost as well. First I love love the guys over by frost are very, very hard working. So looking forward to just providing this opportunity.
opportunity so individuals can, you know, throw their dot, get a liquid derivative back in exchange and then still be liquid after the fact. So, very excited for this, very excited to get all the details out there, very excited to get this thing going.
I don't know, we've been looking forward to this moment for a long time now. So it's a big deal, it means everything to me. It's definitely the pinnacle of my experience in this space so far going for this slot auction. Yeah, it just means
the world to me means the world to to Gabe and to team and just we're truly excited to finally be here and and to be going for this. So like I said, I've gone on and I've rambled enough about the crowd loan. Now, the thing I've gotten everyone fairly prepped about what to expect.
But yeah, yeah, and last thing I will say on that note is just to everyone and anyone who has who has supported us or who you know who you are who's going to be supporting us I just want to say thank you like Honestly truly thank you, and I hope you know that I don't take that for granted
granted. It means a lot, sincerely, to me, I understand that at the end of every contribution is a real person, just like myself, with their own life, their own finances, their own problems, their own successes, you know, but the thing is they have their own life and the
the fact that you're choosing to support us means the world to me. So just I want to thank you in advance to everyone that applies to. Yeah, that is my, that's pretty much everything that I had to get off my chest and I might be missing some things, but
Those were the largely important ones. This is a community call though. So I guess I would just like to say that at this time, if there's any members from the community that is interested in popping up on stage and sharing a word or
to. Please feel free to request to do that and we'll go ahead and get you up here. Let you share your thoughts, ask your question and move on from there. Give me one second. I'll go ahead and add the speakers.
All right, so we have, let's see, give it one second.
Hey, there we go. Got Mike and Richie up here. How's it going guys?
I have three things I want
ask about real quick. So the Oak Network and the Auto Compounding, how soon after OCIF, do you see that coming to tinker question one? So with that,
I asked you the same thing. I started to joke with me and he was like, oh yeah, three months, but he was kidding. So he said it. It shouldn't actually take that long at all. I will be honest, he didn't give me any specific timeline, but I did say I just looked at him and I was like, I was like a mom. I was like, last
more than a month. He looked at me and he was like a month or less. Cool. But this is how I just know this as I've learned to do. This is a dependence on two different teams. Which not to say the team that they're on it, they're five
I do hope that within a month's time like I was told that we can see that going live. Because granted this is a very nice feature. >> Yeah, that seems awesome. Okay, so the other thing about the crowd though. I don't see this as much as you used to see it when team did these
But is there any thought to maybe building a like a front end for users to just be able to contribute through instead of you know taking them to the JS? I don't see a lot of teams doing it anymore, but it seems to be a better user experience if they can go to your website and are able to contribute through
there. And then the second thing is, are we going to update Parachands info because the information is not exactly correct over there with the inflation and if you do a front end then you can have it linked right to that instead of the JS. So just a couple ideas.
No, it's actually, let me let me answer the first question now gets the or the second question I get the third one about parachions and I'm hope so We're gonna question number two. I will be honest, so we are gonna have a We're gonna have a page on our website. We're actually in the midst of overall anxiety
the whole thing. I gave a very, very little sneak peek to some of our ambassadors, just one of the designs, but with all of that, we're going to be rolling out. There will be a crowd loan page, and we'll share all the details.
We don't have plans for individuals to connect and contribute themselves from our site, our plans. I can speak with Pedro. I wouldn't want to rush something like that considering everything else that we have going on.
So I just want to be like pragmatic and say like unfortunately I don't think it would be possible or yeah, I don't think it would be possible for us to get something like that ready and time at this point, but we will be having because I agree coconut JS is a
not friendly. That's not a good UI for the average Joe. So with all that, we are going to make sure that individuals are able to, and we're going to promote these on our website. We're going to provide clear instructions and directions. So make sure that people know that they can
contribute through the Towsome.xyz. They're actual app portal, so you can contribute through there. And then also letting people know that they can contribute through Bifrost Finance, so they can go to the Bifrost page.
and we'll have links for all those like new may excluding Nova will have a download link but because that's on your mobile um rather it's on your phone but we will provide direct links on our website so do anticipate like a page explain obviously crowd loans live here are the details there's the toponomic
the structure and breakdown of everything, best in terms. And then, obviously not least, here's how you how and where you can contribute to the crowd loan and we'll let people know you know on mobile here on desktop click here and then obviously in
And the one that will probably push the most is because it's, in my opinion, very beneficial for the participants pushing by frost for individuals who are looking to remain more liquid post-contribution. So we will be providing that.
However, to be frank, unfortunately it wouldn't be something like I remember the ecology. It was a nice thing they had, but you were able to contribute directly through their website for their crowdlone, but that won't be something that we're going to be providing for for hours, rather just a website page.
including all the information and then letting individuals know where they can go with a nice UI to participate otherwise just won't be on our own website. And then is that before we want to question number three? Was that in okay?
I'm just curious if that was the plan, but yeah, pushing those other options is the other way to go, which definitely works. Okay, cool, cool, awesome. And then so with the third question, parachute, sudden, though, yes, I was actually just checking it out last night. So it's funny.
you said that. We know you. Want to go on Parrish News info, need updates, almost everything. So project description took an on-experien important. But yeah, yeah. We'll be making sure to actually get all of that fixed up very, very soon.
Hopefully buy this weekend, so buy Monday if you were to go on there ideally. There's long as communication is good and smooth then it should just look all of the latest as it should be. Awesome, thank you. Oh, thank you for those questions. Richie, how are you doing?
Are you there sir?
I don't hear anything. It's got a welcome time up to the stage. How are you doing Tom? Do we still have time to un-stake our dot before this crowd loan? Like what's this timeline? Well, okay, so to be honest, if you at what?
Yes or no? Short answer is yes. So even now I would say considering what I said earlier about Moon Samma, I'm just trying to be pragmatic. They're not like a pessimist on RN, just pragmatic of the fact that I saw Donnie put in my
like a couple million of his own money and dot into their crowd loans. So it's kind of safe to assume that slot 42 that auction moon somal wins. Then as I mentioned all rewards and get like all not rewards all kind
contributions get rolled over into the next auction and then of course people can still contribute towards the crowd loan at that time. It just kind of extends the duration of the crowd loan because you're still going for your slots. So with that in mind, if someone were to un-stake their dot today,
Then I do believe that yeah, you would make it it would be close you'd make it with like just like a day or two left before and this just off my loose projections I could be wrong, but I hope I'm not double check yourself to be safe But if you were to
on Bonderdots right now, then you should be good. There's 20 days on Bonding. You should be able to get in there. There's just two assumptions I'm making. One of those assumptions here is that the crowd loan gets extended and takes place during
both of those slot auctions rather than just the one. If we did, if we do win slot number 42, then and someone, so in this scenario where if today someone unbunded their dot and then we actually do win slot number 42,
Unfortunately, by the time that doc gets unbonded, we would have already won. So it wouldn't be possible to contribute to it beyond that point. So that is the one assumption I just want to highlight that. So because it's hard to give a concrete yes or no answer.
Rather, just important for me to describe the two different scenarios. And so in scenario A, it means I'm a wins lot number 42. Then yes, unbonding now you should be good to go to participate still. But in the
in the chance that we do win slot number 42. Of course, you know, I would be happy, but that would that would mean that anyone who won bonds today likely would then miss out on the chance because we're going to.
See here.
Welcome, Aing, one more friend up to the stage. Hey, Oki, how are you? Hey, long time, no talk. Long time no talk? Yeah.
Yeah, I miss you man. How you doing? I miss you too. I'm seeing your face, miss eating. And I miss you. I miss you. I miss you. I miss you, I miss you. I miss you, I miss you. I miss you too. I miss you, I miss you too. I miss you, I miss you too. I miss you, I miss you too. I miss you, I miss you too. I#
It's it's nice to be back in the community call are we looking forward to you leading this call now on Fridays. Yes, yes, so granted there will be occasions.
There will be there will be occasions where I might need to have someone step in here and there whether it's let's say if I'm traveling or
That's really it. It would just be it from traveling or if I have for some whatever reason I have a meeting or that time but the odds of me scheduling a meeting during that time are close to none because I already have that block that on my calendar but yeah yeah you should be expecting me and I am looking forward to
to it as well. Cool man. And then for for get arch rollout that's still in the pipeline. Yeah, actually, that is what you asked that. So I feel kind of bad. Like I don't want people to think like, oh, they're about to get arched.
So we got Gnarch, what we call MVP, proof of concept. We added an individual to test it out. Everything worked. Everything did what it was supposed to. But there was one pain point and it was the fact that
It was truly decentralized and relying on IPFS and it's just kind of slow. So user experience, we, I don't know, we, we minted, I believe,
We've minted the entire substrate repo. We store the entire substrate get repo on Gnarch, so using IPFS and store it on our chain. That's a lot. It was really awesome.
But then we go to load it. It just takes a while. That's all. It's there and loads and it's a really powerful thing. Obviously we understand user experience here and someone might be sitting there like, "Come on man, what's going on?"
So with all of that, so there's been two things that we decided at that moment and it was there is a solution. There's actually really brilliant solution and it actually involves like using GitHub also connecting with them. I mean essentially, so using GitHub to, there's how it works.
So someone would be accessing, we're going to make it to our individuals in the future, actually going to be able to log in, so a bit of account abstraction here, log in to get arch using their GitHub credentials. Even in the case where that individual doesn't even need a wallet, so account abstractions to the fullest and
pretty awesome. So have that, but also have it's where we are pulling the data from GitHub, from the GitHub servers first and foremost. Like that's the first source where we are pulling this data from, as we're able to do that. And we do it this way and it makes it
very fast as if you were accessing GitHub. So that'll leave you some speed. There's a bigger picture though. So things go faster and then in the event that let's say GitHub is down, then everything is still there, then you would encounter that bit of a slower
experience now. For some repositories, they're very fast. I mean, you just get in a couple of seconds. But when it is something as massive as substrate, it takes a couple minutes, which is not really ideal, but more so, just a good thing to know that, like, hey, it's there. So the other thing, too, they're looking at is so
Understanding it we've happened to get hub provide faster experience, but we also want to and there's a I don't know what I don't want to jump the gun here, but there's a chance we could be we could partner with get hub actually in the future in the near future with get arch and so
Thanks to, as I said, East Denver was fantastic. And there's a member of parody that Gabe, especially got to get kind of close with, who actually left parody. He was a construct, ended four years, he was there. And he's now moving on. Has a lot of connections directly with the people at GitHub.
And he loves Gidarch. And so one of the things that we're also looking at is, will be this actually like official partnership with GidHub. GidArts essentially this decentralized Gid tooling that we provide, and they also like help to kind of like just push and
So the idea here is this. And if you hear sirens, excuse me, there's just like a bunch going on down the street outside of me. I'm gonna let it pass. But so with this vision here, what's gonna happen is an individual, they're going to essentially, it's just going to be this decentralized backup.
We're going to see the true ownership individual socially on the code. And what will happen is as an individual pushes to GitHub, then in the same stroke of the key, it will also push to get arched as a backup. So then, just in case anything happens, whether
Get Hubs Down or even if your account is down, in which case there will be an option to break away from, say, if you log in using your GitHub credentials, there is an option for you to actually get a wallet, which is, this is important because you have the wallet for something like this.
But yeah, in a case where let's say even if your account got a I don't know bandard sensors are inaccessible. It will still be there on get arch and you'll always be able to access that so Yeah, just kind of like round out the user experience there. It's it's good. It sounds like what
subsocial is doing with being able to back up someone's medium files and put it onto their subsocial account. And yeah, and then also
I get the code storage part of GitArch. What about the deployment part? How will that be managed? I imagine something like I'm just reaching out in the air for
for maybe a Saturn integration with versatile deployments so that there's like a decentralized deploying strategy that would you know instance a really fast site unload because it's versatile.
So another partnership with Versel and you know, they're always looking for speakers at conference at their Versel next JS conference and Be great to have some decentralized speakers use their technology and get arched anyway
I like that idea. Actually. This is all exciting and I can't wait to start using it and hearing more. But yeah, I'll DM you and catch up and
Yes, it's good. Happy Friday everybody. Thank you. It's good. Please do. Please do. I would love to catch up and happy Friday to you. But I just briefly to finish that off, we'll say the idea of getting us out there and at least talk to the people over there. So would be very, that's the son of an idea.
be interesting at the least. I will say interesting at the least and then regarding integration. So the other major reason what caused really like the ultimate pause of developments with Garch it actually was Saturn. Saturn is what's been holding everything up because Saturn
is the foundation for everything else. If that makes sense, so this multi-sig is extremely important. This is essentially the foundational building block on our chain is powered using the IMV4 protocol made possible because of IMV4 and with all this we're going to see very
Essentially using the multi-stake to own and also the ability to use the multi-stake to govern repositories. So turning repositories into Dallas and having Dow governance over repositories over essentially a smag over your GitHub repositories. Looking to bring this to the table, which will be very exciting, very powerful.
a Saturn protocol if that's going to be the production build for Polkadot. Can we call the test net protocol Uranus? I think if Gabe was here he would probably be having a field day and would love that.
with the bathroom sound yeah yeah
real quick. I feel like we'd be remiss not to bring up the special Truth 3 sprint that we're going to start leading up to our auction. Oh yes, yes, thank you sir. So yeah, so if you're thinking for reminding me of that, I just want to let everyone know I said a member of my team at
asked me what he gets in every month. Okay, sorry. So yeah, with Crew 3, we're going to be launching a new sprint that is going to be focused around bringing attention and energy to our crowd loom. So do keep an ear out. We're going to be releasing full details now. Actually, it pops
I will make an announcement on that. Well actually I don't know, I probably won't include in the article I released tonight, but tomorrow would probably be a good time for me to first start tweeting about it, get it out there. Let me know when I'll be back.
about it.
shout out to Mike. If you like using the crew three, I don't know, appreciate the guy. He does a lot of great fantastic work. I appreciate him. But yeah, we'll be bringing that out here soon, sharing that soon, and should be really successful at whipping up some nice engagement. And like I said, we'll have some nice rewards for participants as well.
Thank you sir. With that I don't see any more speakers and it is
is passing, how I just realized this is passing the 11 hour mark. I have a team meeting I'm supposed to be in about five minutes to go, but I have a feeling they know where I am. I guess with all that, I would just ask if, yeah, if there's no more, no more speakers, then I'm going to go ahead and close things out.
And doing that just free free cat remember Ossif, maybe it's coming soon It's coming really really soon and I'm excited. We're gonna have Dow State can go in live with ecosystem This is a big thing not just for all of the Dow store ecosystem that are looking to actually get launched and get going but
Also, just for you to end up with a Uddle here, this is big. This is when you can stake itself and when you start to generate rewards through this and distribute those rewards to their holders. This is going to be a very, very awesome system. Beyond that, we're looking at the release of Saturdays
multi-sig. It's the multi-sig of all multi-sig. I can't express it enough. It is brilliant the way that Gabe has designed it. It's very powerful and it is going to end power so many different parachains and dApps and dows across the ecosystem. I mean the immediate, I guess, proof
of value that we're going to be able to have to send an actual proof of something in protocol. But just the actual value that this is able to derive for itself for others, it's going to be very, very clear. And as it empowers other other builders, other projects, other users, that derives its value.
value for itself. It makes it a very, very valuable tooling. So we're really excited for this. Bridgeless Multi-chain asset management, off-chain signing, it's going to be insane. And then last, certainly not least, in Varsplot Loan, in Varsplot Auction on
going to be releasing some boosted benefits, boosted rewards for our supporters, for our contributors specifically for those who have supported us in the past and those who support us with a certain minimum amount coming up here soon.
excited we have the community we have the momentum you guys are fantastic the tech we're building fantastic I feel fantastic so I'm really really excited for everything that we have going forward and most of all just really grateful for everyone here and
Dang, my phone died.
Well, I don't know if my phone died, so I had a hop on this account. I'm not sure where it cut me off at, but I was getting really big with the powerful speech there, so kind of awkward. But with that, I'm going to go ahead and end this call. Let everyone
to get back to their day. I'm going to get back to my team and I will speak to everyone soon. All right. Thank you. I appreciate each and every one of you. I love the support that we've been getting. And I don't know. Let's go do the damn thing. I'm excited. Bye, everyone.

FAQ on InvArch Community Call | Twitter Space Recording

What are the three topics that will be covered in the podcast recording?
The three topics that will be covered in the podcast recording are OSF-staking going live on TinkerNet, the release of the Saturn Multi-Sig SDK, and the upcoming In- Barge Crowd loan and In-Barge Polkadot Slot Auction.
When is the anticipated launch date for OSIF?
The anticipated launch date for OSIF is next week.
What is OSIF?
OSIF or on-chain innovation funding protocol gives DAOs the ability to receive funding, which is controlled and driven by the community.
Who decides which DAOs to support?
The community decides which DAOs to support.
What is the potential impact of OSIF on the future DAO economy?
OSIF has the potential to provide an extremely powerful economic support layer for the future DAO economy that we are looking to realize through the In-Barge network.
What is auto compounding?
Auto compounding is a feature that allows individuals who are staking their token to automatically collect their rewards and, if they wish to do so, stake them further.
When will auto compounding be available?
Auto compounding is definitely coming, but it won't be live on day one.
What is the Saturn Multi-Sig SDK?
The Saturn Multi-Sig SDK is a multi-sig experience that is powered on one chain. It has received a lot of attention and excitement from other teams and builders in the ecosystem.
How many of the top five biggest chains in the ecosystem have expressed interest in the Saturn Multi-Sig?
At least three of the top five biggest chains in the ecosystem have already voiced direct interest in wanting to test out and also adopt the Saturn Multi-Sig as a solution.
What is the potential impact of the Saturn Multi-Sig SDK on the ecosystem?
The potential impact of the Saturn Multi-Sig SDK on the ecosystem is massive, especially in terms of attracting institutional clients and bringing more capital flow and liquidity into the ecosystem.