Hello hello good afternoon good evening. Good evening from E-man. How are you getting on? I just thought something happened. I'm in the office to do about cleaning in the house but I've come back to a multitude of messages so yeah.
Well, it's just, it looks like it's a quite one, I mean, no, it's not a busy time. It's 12, 12, it's 12, no. I'm trying to share that, but yeah, I mean, it's, we've got only three of us here.
So Matt, I recall in your Max robot, is there another name?
What do you call it? You're calling me, Rebel D5, but are we going to get Max robot up? I do like, I must have met a do like the margin icon. Very nice.
So I like simple clean Twitter icons and that kind of stands out nicely. To be honest, two rockets going up into the sky. The project looks like very clean as well.
I'll be following a sleep long before then. I'm over in Japan just now.
Honestly, jet lags never been a thing for me, but maybe I'm getting old, but honestly I get so tired early in the evening and it's like, you're struggling, I just have to end up having a bit of a kit. So let's see where the light made it, was it like warm, summer, winter? With Quiraya, I'm up in the north.
is ball ticked, the ears cold, it's not like as far as the latitude is concerned, it's not that north, like it's I think it's further south than south of England, if I remember correctly.
The weird thing is this is getting recorded, so if I'm wrong then it's going to be on the internet forever. Cool Russian Air comes down. So Max Robot. I've invited him to speak, he's not responding yet.
Well, we can just speak about them. So yeah, imagine what margin is all about. There's a few things been happening since we last spoke over servers and was been there last week. So I think I did not have a split space. Is it just you were in Japan and the timing was a little bit off, wasn't it?
it was because we were going to have to remember who we were going to speak to about it was just a timing thing. Or was it margin last year? I mean it's fine we've got them on eventually but yeah it was been was interesting as well because that was the stake in summit was on so we got to meet some
friendly validators in the space. Everyone was super cool but it was nice it wasn't just the Cosmos ecosystem. You know there was all projects from Ethereum and Solana and stuff there as well so it's nice to see the different ecosystems in what they're all building and how they're contributing to a perfect stake.
I'm interested in times. Absolutely. It can all get a bit tribal, I suppose. So, and you get stuck in your own little bubble and you don't know where else is going on. So, yeah, just get out your shell and get people from different ecosystems must be pretty cool. Have you been able to live with yourself here?
No, and now there were two margins gone. I'm not sure what's going on. I did try and invite him up to speak, but I cannot see the invite.
you replay the invite saying to me on this gold. I can do that. You've gave it. It has. I've never been in a space that wise wise no one here does seem very old. Yeah, maybe that that. They suppose that does seem
strange indeed because the fact that usually we do a lot of the literally the Americans, yeah the Americans aren't going to be here because it is what it's going to be seven in the morning for the earliest Americans. Yeah, that's true. And there's an American, we've got an American, this woman lives on to our species.
you were in Lisbon? Yeah, so it's about a few for setting me a little bit. I was all about. Loads going on, block blockchain, bullish loads are great like, you know, you can go over there, you can have your bitcoin with you and you can purchase stuff there and I think they're like, laws are
a bit more relaxed. Obviously they're trying to bring in the people to their country and they're sitting very pro Bitcoin. But the city's so dense, so busy that every street you went there was just something going on all the time. Really good place.
for the following, I'm going to leave you join up.
Right, how are we doing there? Right, just pinged. Good man. Panged margin a little invite to speak to see if we're going to come up. I'm interested to find out what's going on because
I wonder how similar, how synergistic they're going to be with Lovanna. Yeah, it's like... Maybe I've just misunderstood what Margin's all about. The first time I've seen it was, I mean, obviously Maxwell, come on in. I'm just asking, the wonder if he's struggling here is stopped for a bit or less now. I'm not saying to him. Oh, did it end?
anyone tell, did anyone tell Max robot that this only works on mobile devices? He just message me there saying not sure what's going on, we'll have to join on my phone. That's the old Twitter disaster, there's no God word support yet for Twitter species.
It is an interesting one isn't it? Yeah, strange isn't it? This is so bad because pretty much the only time we don't mention to people, "Oh yeah, you've got to use your phone." They join on computer. Yeah, so I mean, I did that. That's how I started using tourist
I was like, "Why can't I speak on this?" I noticed it was really... And eventually... The first thing I did was like, "Why can't I wave? Why can't I clap?" And I'm going, "Why is that not what?" And it's more bail-only or, "Oh, fuck, goodness shit, that's terrible." Me, as a world war was gone in his joining again, but...
We can talk about quickly, there was a few interesting proposals on, you know, coming up the sub-dow for General Growth Fund is live, which is awesome. And the delegation sub-dow is now live also, which will take the developer fund and sort of run it through some multi-sick
or dial controls and they will then decide which way the delegations go to the validators and the one that we have come in out with short list of communications sub-dial which is going to be just taking control of like the brand in the market and organizing maybe conferences
doing what we're doing here so we might have you over on the new space we'll be doing on Juneau eventually mate, I would love you on that. Oh wow even more spaces. Oh this is what I would have. We've got a few of Juneau builder spaces but none of them are actually coming from the Juneau account.
Oh, hello. So everyone, I've been listening to this and then I forgot that it was so good. I thought you'd maybe go see this and then I'm questioning myself with the UTC times and going, "If I told them the right time, then I was like,
I went minus two hours from earlier, I do not know time so I thought surely he will be here then I went to go and do something to come back and it is like he has started without being a thought good.
You go by the name Max. Well, so obviously there is a margin protocol independent of someone who goes by the name of Max robot. But yeah, I am nice from margin protocol. Sometimes known as the lead developer there as well. Cool one. Yeah, so
Well, that was, we'll talk off the space, Rebel, regarding the general communication subdub, but it was more important for just an update in the communities, well, on other things on the general. But the main purpose today is Rebels are main hosts. He'll ask a few, do a few housekeeping.
I'm going to be honest, I've been trying to do a bit of learning online and been struggling a little bit now. Part of that might be to do
with my jet lag. I'm over in Japan just now. I think this is pretty awesome. I'm saying that Max Robot has a bit of an English accent. Would that be fair to say? Technically, technically, well, but not maybe as strong as all your Scottish, your Scottish talent. Yes.
Well, I do apologize man, that's brilliant, that's even better. We've got three men from the regions then of the UK. So this is going to be awesome. Yeah, so as far as we're like, sorry, before we dive in then, usually
go for an hour-ish but to be honest I don't know if I'll let it cope with that so maybe half an hour or not still too much of anyone's time, try to keep it short and sweet and get the good from Max Robot about margined protocol so hopefully that's okay with everyone.
And we're recording this space and then Finn from Terra Spaces will hopefully do this thing and this will be a permanent record on the interwebs. Yeah, so Max I'd be happy to introduce yourself first of all or do you want to dive in and start talking about
Yeah, so I guess by way of intro I am max with margin protocol. Margin protocol is so if you want the real marketing sort of spiel is we want to build like generalized margin engines for Cosmos zones. So the idea be
There's like lots of different margin applications like that you can think of, you know, one, maybe sort of the most salient to this conversation and like the nearest in the short term is perpetual swaps, but obviously or not obviously there's there's other products that can be built on top of margin in
you know, like interest rates, swaps, all sorts of stuff. And so we, that's kind of like our big idea. But like I said, in the short term, what we want to build are petriot swaps for various cosmos zones. And maybe like without going to technical, but we
we want to like provide, build up a petriot scopes with the most liquidity for a native token and deploy it to multiple Cosmos firms. And so the idea being that like on salesmos is we provider of like we have the best purpose for
osmosis token and on Juno for Juno and like so obviously people can say well why you deploy into like multiple multiple zones but sort of one thing especially like through my little crypto journey experience have you on a frame it and like you know people like and also
like, you know, within like cosmasters like people are like obviously we have this view of the interchange but like people, you know, they have, do you know what you know they'd like, you know, or they they're a primary user of like one chain and they don't like always like to bridge stuff from extra wide to Z. And you know, even though we do have, you know, IBC, you know,
it is still a bridge, it's definitely something that's much better engineered than we won't name many names but like other maybe centralized bridges but still somewhere where you have to pour assets from one side to another. Whilst we do see that having one
one protocol on one network that might cater to multiple tokens is definitely I think a use case for having a perpetual of like especially like native tokens on the network where they are to say they are native. So that's like a bit the high level stuff I don't know if people want to
go into more listed area. That's some superb stuff mate. Now I'm going to do the basics here. So explain it to me like I'm a five year old, a perpetual swap right? Can you just maybe explain what that is and then go over
what I mean, maybe we can go from there and see if there's any questions on top of that. I mean, maybe we're still away from interest rates, because maybe not on the top of my mind at the moment. I can tell you that's like you know, you will swap a fixed for a floating interest rate, but I think beyond the scope of today it's just
an example of another margin application, like not margined, but like another leveraged product you may wish to build one day with a margin engine. But if we explain perpetual swaps like UR5, quite literally it's derivative
of contracts. For example, these things exist in tradfies, so you have stuff like FX derivatives, like a non-deliverable FX forward where you can buy a profit and loss of a contract, like say USD to Indian Rupee, right? And then as
price changes, number goes up, you might make money if you bought the contract or you might lose money if you sold the contract. The bettiles whoops have quite kind of in my coming a bit from a more tradifiable option in space is they're very much the next generation of certain derivative
products that we see throughout markets more generally and I don't think they should be necessarily viewed as so separate like it is another financial innovation and it's just a kind of a contract for difference that doesn't have an expiry so in certain tradfied derivatives they're literally there for 30 days or longer.
you might have a bespoke contract, but perpetual swaps are basically a contract for difference and never expires. And obviously the kind of main use cases of those might be to hedge a risk that you have or to speculate with excessive leverage.
Awesome, yes, so you can just bet on the price of, you know, for instance, being, you know, I'm going to buy a contract that, you know, going to blow two dollars and let that run for 30 days and hopefully catch a bid as I let him to nutshell. Yeah, so like it allows you to express a leveraged view on
on some sort of product that has a price. Like, yeah, not sort of really much sure where to go from there. Yeah, I mean, so maybe like if we take it step further then like within crypto, like I'm sure most people will listen to this online
like if they're American very early in the morning, it must have some of the perpetuals as a product right or have a vague interest. So if you had degenerate perpetuals on FTX, the key factor or one key thing is the price
discovery of the perpetual. So like in essentialised exchange, that's like usually done through an order book. Or like, you know, this is sort of, this is true also for spot products, right? So spot products in centralized exchange, you typically have an order book, you have a beard and ask a buyer sell and like somewhere people match.
and then they either do a trade, a spot trade or they can buy a position and sort of like the order book is a bit more matched. Kind of the different subject. Yeah, I mean, I hope far along I had the other project because you came out of nowhere one day when I was I think I was brought around the squad
And then it was like, wow, as you've seen these cause and was on contracts that have just been sort of like floating around and margin protocol. It was on it and I was really interested then. But then it kind of went quiet. I'm not sure if it was like fair market blues or something, but if you've got an update on where you're at with the
project, how ready it is, or if you've got a bit up coming out, anything soon? Yeah, so that's kind of like maybe March this year we really start building and we've got our minimal viable product is built, which is kind of an AMM with very like rebasing
perpetuals protocol, but quite frankly we've gone on so sorry just to replace so and then we even did a test net we had a beta test net on juma and we had many I don't know if there's any of you the listeners or you guys but we had over 10,000
individual account interactions and that was very good. It went for four weeks, I think two or three months ago. I could look in my diary if people really care when exactly it was, but it wasn't like it was literally only six weeks ago that it stopped. And now from that we've been making
few changes because we want to redesign a little bit how the rebasing works. So that's kind of what I was a little bit going to just touch on like the price discovery, but maybe if someone really wants to have a bit of a question about that, that's what we're working on is improving the price discovery so that the protocol is a bit more resilient.
to let's say highly volatile markets. Yeah, you're getting right into some technical stuff there. I don't know if Rebel was wanting to jump in there quite quickly, but I might have a question coming up you shortly. Well, I was just wondering what
I can margin tagline was because I mean you did say something that I found quite exciting but I'm not certain how much you want to force it down people's throat so I mean you mentioned we can speculate with excessive leverage is that
something obviously not financial advice but is that something that you're quite happy to facility or? Yeah, so one was being jocular if I can speak in such I do not completely as we've seen accessible as
leverage is the root of all evil, but you know leverage isn't in any way bad and so we're not going to come out with a hundred X leverage like maybe 20X is probably probably the limit and you might find that you get liquidated rather rapidly either anything over 5X
to be honest. So I'm sure everyone listening is sensible enough to understand. I was just merely joking about the go-long hard ways of certain crypto people. But like
Just like as an aside, that's like kind of a funny thing of like so we did some analysis of the test net and then like literally everyone would come on like, you know, request funds from the faucet and then just go like maps leverage long all the time, which
At the time, so we're just using Juno as sort of the Juno prices or Juno as the kind of the per product that the people could trade. And like Juno went from one ever $2, $2, $3, I think we started at $2.80 and like it went quite high to like
I remember there's six or eight dollars or something like that. So in some ways it was actually quite like adverse conditions for the protocol and like it did relatively well but like let's not say that like one should I think test net behaviors mirror reality.
Absolutely. So I mean, are you keeping a close eye on what Levan are doing? Well, we'd hear we save it that first. So no, not like a close close eye, like I'm sure they're doing like I think
they seem to have in spent some time in discord. I noticed with some of the developers asking, like, you know, also interesting questions and like, especially like post terror, we were asking some of the same questions, which is always fun. You know, they've got their stuff about the wealth and the protection
So I think they're like going for a different model and I'm sure they're doing their design work. I think they're in a similar space to us where they came out with a bit like if these people listen to this or the band listen to this or come on out with.
front doors this guy on a back but it seems to me just like from cursory looking that like they're also like you know going through their their protocol again and trying to improve and so like hopefully hopefully they're doing innovative good stuff and like I think in the spaces you know a lot
of in this space there is a lot of space for competition and also coming up with good ideas to have the best products as we build without sounding too grand of the future of France.
I love that phrase. So are you coming from Terra as well? So to be fair, we would like just initially thinking of the point of Terra and Terra exploded kind of before we had
any real investment in that ecosystem, but that was initially the plan, just because it was out the time by far the largest chain.
Cool, I mean I could keep going but I saw Highlander with his hand up, do you want to come back in? Yeah, I just wanted to get my head around what the rebassons doing. Is it okay to come back? Is it just to get my head?
Yeah, just to get my head around what rebasing eyes. I remember rebasing on ample force. Is there anything to do with that? Not being like having grok down for force. Like, you know, not so basically I'll just give like a clean explanation. So
And like obviously everyone knows AMM's, you need swap, you know, Osmosis, generalised AMM, right? You put two tokens in, or I think even you can like, you know, imbalance on stuff you can put more, but let's just go to the Unisoft version. You put two tokens in and they have some sort of 50/50 balance.
And the balance usually in the very simple use cases and you have x, which is like one token, times y, it's another token equals k, and you have the constant product formula. And so you've provided this liquidity, and then someone comes, they add liquidity on one and they can use that as a price to sort of remove liquidity from the other side and do a swap.
And in the case of the architecture of margins V0, we were using a virtual AMM, so which has virtual liquidity as the price discovery mechanism. And so the point of rebasing is you can sort of adjust the constant product form
similar to sort of increase or decrease the amount of liquidity liquidity needed to return the price to like the index price. So like which is a lot of more complicated stuff. So let's just go like what does that mean? So obviously or not obviously sorry
a really overuse of it obviously but in a perpetual swap you have like the price to enter the contract and which should over time like try and track the sort of the spot price of the products you're trading so like
the market price, let's call it, of the product you're trading. But you have the funding rate, I lost my thought a little bit there, but those two things can diverge, right? So if you noticed, or I don't know how degen people are, but in bits and X, if you wanted to go short-size,
You know shortly after FDX collapsed because so many people went short the price of the perpetual like went quite a bit lower than the price of like to do a spot trade So I think like I mean just when I looked for bands It was like $14 but the perpetual was
was cheap at right and so you kind of you want to mitigate that over time and you want to make sure that you have a balanced order box you have this this funding rate and so at times where potentially those those two values so the like the spot price let's say I'm the perpetual contract entry price
a verge or like this price of the perpetual contract, you want to kind of help it return to zero. So one thing is like through the funding rate, which kind of incentivizes people to come and collect it. And also you can sort of adjust, rebase the constant product formula to make it slightly easier over time.
That's the following explanation. Thank you very much. Now that leads me to the next question, I presume you're just waiting on an Oracle then for June. So June though isn't like our first target network, but yeah, like Oracle's
like a thing you need. So yeah, this is correct. Yeah, yeah, I don't know the question that I just kind of slept my mind here. So, like, how do you attract
and TVL and to the protocol. If you got to just like create incentives for people to start putting in like a data to these rebase pairs or facts and right where I put it. So like, I think you're asking like sort of how do we don't need people to
to come in like deposit liquidity in order for there to be open interest. Like in the model of the VAMM, which maybe we're like thinking of making slight changes to with like the next situation of the product is like that's something that's defined upon instantiation of
like a specific perpetual contract, whereas like maybe you think like in GMX for example, because it has like a different, it doesn't use, you know, is but you know, it just has the price feeds for the like the entry price, like and kind of sort of maybe is
Risk management, let's say they only allow you to trade against the liquidity that's deposited by GLP token models, right? That's not something I like that's not how Mergent or like you know, perpetual the nor like that's not how those work or just protocol maybe is the most analogy
just imagined. And so yeah, that's like not something you have to do, but obviously like you're somewhat right that like you do have to attract people to trade on a protocol and like there's some incentives we're going to have, but like I think there's pretty good demand for these kind of products.
Yeah, anyway. Fantastic. So what would be the first thing you'd be doing out the gate when she launched on May next June, for instance? What should I be doing to tell the general community? You got to go and check margin out and start, you know, like what would be the first time
Well, I think for people who you know who want to maybe Well, it's really like that's this it not found so it's entirely up to people but sophisticated like let's say traders in a vertical as I think can come and like see for themselves like an express
use on the perpetual contracts that we have listed. Potentially people's taking might want to put a little short in so that, you know, something like this, or along, you know, like there's all sorts of reasons why you might want to do that. I don't think I need to. It's right all of it through it.
I mean, we have seen a few projects kind of similar to what margins are doing. Do you have any relationship with Vortex? No, no. Vortex, as I recall, when it was on Terra, was really looking
to do like FX derivatives, like you know, currently like currencies properly just to be clear. And like now they're on say, if I'm not mistaken, as far as I'm aware, they're really focusing on like non-crypto assets, but maybe that's
not true. I did like a few weeks ago have a look at their front end but it didn't seem super active but like maybe you guys can tell me differently. But like the thing I would say is like if you believe in crypto right on some level like if you think cryptocurrency for example
or maybe my view is that like in like a higher-community fashion is like you know going to be the new settlement asset for multi-polar world, right? And you do need derivative products and you know people read like derivative products need to be good and work properly and be like collateralized and not blow up all the time. But they're important things to
have in the market and so much like, well, basically people need to build good ones. And so I think as many people or not as many people as possible, but if lots of people are looking to solve this problem, I think that's only a good thing and different attempts to build proper
of products I think is just generally good. Awesome. I mean, I love being in these spaces and listening to smart people tell me stuff about things I don't necessarily understand all that well. And often, like,
when a project is talking and they said some complex stuff like yourself. It is quite easy just to go, "Oh yeah, yeah, right, I sound really interesting to be honest, I don't get it." I just wonder, for example, say Highlander,
He is a Juno Maxi, right? I can't see him ever assuring Juno. Right? So he wants to go, he's mad about Juno. So he's going to go Maxi, I'm saying with 20x, he's like, he's right, I'm all about this. 20x long on Juno. I mean, does someone have to sort of take
the other side of that for this to work. I mean, where does the money come from? In the V0 of our protocol, I'm not sure if everyone else sort of like heard that, but I think you cut out part of that for me, Raeble, I don't know if you want to try and repeat it again.
I'll be honest if Max got it I would see everyone but sometime maybe Twitter is just rugged us maybe Max could kind of make a cap for us seeing in case like for other people. So like the point you're making is like if Pylinder wants to take a position doesn't
even matter whether it's short or long right you need on some level to have like the money come off of someone and so like in the the north of margin you would basically you'd be taking a position against the protocol and so the protocol has like an insurance fund but
But we should, you know, through the through stuff like the funding rate, etc, etc, as if the we should incentivize people to take the other side. And, you know, through the rebasing like that, like we should allow like through the rebasing like we should track nicely and, you know,
people should be able to express short and long divisions. There's a problem in derivatives in general that there's a bit of an order of excuse, but that's something we're working on to eliminate. I can maybe talk about that in the future.
to fumble for. Okay. No, no, no, no, well, hopefully people are my audio is not cutting out too much. I think that makes a lot of sense to me in the sense that if I can just play it back to you, what's going through my head? Like, so if Highlander brings all his Juno buddies and everyone's got this
is back on margin might what no sorry that situation was bad it's clearly bad so we try and incentivize it to be right a balanced order book through stuff like the right funding rate sorry to interact
Absolutely. Confused things. No, no. So, okay. So I think yeah, I think that's clarifying it from in hopefully some other people on the space. So the more people that go long, the more attractive it's going to become for people to go short. Exactly. So you said it better than that. Right. Sorry.
Okay, also what Islanders got his hand up so hopefully, yes, will you hear me okay there? Yeah, perfect mate. Now just another question now, just that might be a silly one right, but you're talking about there are it was the contracts. Can you eventually do you think you could make other calls for
other assets other than like, "Do you know what could be anything down the line?" I'd say, "I'd like to talk to my head something like a commodity elsewhere, not in crypto, is it something you can plant above?" If you are able to source an article price, that's totally something.
So, you know, we can do like fundamentally it doesn't matter what what like, you know, even though we said we want to be on each native on each is own for the native token, like we definitely want to list other like he says in the common blue ship crypto assets, but like you can
I'm not sure what I'm going to do. I'm not sure what I'm going to do. I'm not sure what I'm going to do. I'm not sure what I'm going to do. I'm not sure what I'm going to do. I'm not sure what I'm going to do. I'm not sure what I'm going to do. I'm not sure what I'm going to do. I'm not sure what I'm going#
It's excellent because in terms of a bear market, you see the macro failing. It's good to have an option without leaving Web 3, so to speak. I'm just going to bet on maybe just shove some assets.
to oil and start light leveraging against stuff like that. I just think it'd be huge and there are other things coming to crypto as well. The market cap alone for that is awesome. Very excited to see what you build made to be honest.
I'm just going to jump in there, I mean, come on. I don't know about you, but I invest in crypto. I don't bet. Maybe that's the way you clear. The point I'm getting at is like, remember the last of the data collapse rate, everything was falling.
There was nowhere safe to put your assets at all because I've heard it was crumbling. But if you had a little option, you could just shift away from crypto quickly and just move your assets off the other commodities. You would have probably have maybe limited your exposure. Well, I had quite a
a bit of my portfolio and in other assets and mirrored assets. I didn't work in too well for me. Max, did you work on that one? Yeah, I worked on all forms of trading. Trading investing is on some
level expressing an opinion of what you think the future will be. So it is to a certain degree betting. And yeah, I mean, you know, I think there is a market for other things, but like, you know, especially when maybe when the sort of the sport and
And the derivative are very far away, I think that's not necessarily the best idea. I think definitely if we start with building derivative products for crypto assets, that makes, I think that allows crypto assets to maybe have more stability and have a better financial market around them.
which then as a consequence will allow us to have crypto potentially in the future be something more of a real settlement asset for things. That would be my first step if we get there, we're doing good, then we can worry about it.
like bringing whatever I X on chain. How do you feel about my style reaction? Rissius Sunak made Prime Minister and Greek but I mean do you think that's Billou's first platform? No, that is indeed above my pay grade.
I mean I source I go invite to like some digital pound stuff you know and CVD I don't know I'm a slight awesome bit I'm pretty sure we basically have CVDC right if I don't know
about what bank you're with, but it doesn't, you know, stuff like that, I'm not sure if that really needs to be on the blockchain, but anyway, who knows, who knows? I bought my paper. Yeah, exactly. I don't know, I don't know if that's Max going short on the conservative party.
Just looking at the margin website margin.io I would say it's highly worth checking it out. Even if you're not that interested in perpetuals scroll down to the bottom and you will get an absolute treat when you see team rocket and me out.
Flying about the website and it looks really dope and So death like I don't know if it's 10 out of 10, but definitely it's high up there To be fair though your discord. Oh, that was the most needs some more never do this good. Oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh#
work than as well. Yeah, it's a job and it's all in the future. Building and this course do not go. It is a job though. I mean like if you have someone to put the time in then it can be great but yet if you don't have time to invest in it yourself it
can then just end up with a lot of like when token sort of GM conversations. So like yeah, where else should people be going to sort of find out more about? Yeah, do have some docs at docs.margin.io and they mostly to do with the test that we
which is now deprecated, but like they have some general information. If you like really want to see what's cracking then probably the the GitHub is the best place to look because it does have also like you know, Markdown docs of of various things. And otherwise just hit someone to it. I do indeed reply to DMs.
Max, do you the cause and was in life? How long have you been a contract guy? Like building smart contracts. Yeah, yeah. I mean, since my days of salinity like 2017, so it's quite some time. We're there in version
the four crypto zombies. Yeah, so personally, I've been doing like this a long time for like, you know, Ethereum stuff. Yeah, but yeah, and like my interest in co-ther was on like, you know, I don't know, came from just we were doing like working on
like enterprise blockchain stuff where they needed the IBFT or like you know some sort of PBFT consensus and like really tendiment was you know by far the most interesting and like you know cool project and like was just following the the whole arc of tendiment and into Cosmorph since and really like a
I guess you guys, if you only cause cosmos people or people on the call as well, if you've ever tried to run an EVMO or I guess no one's done Salana, running a cosmos chain is just so much more of a pleasant experience.
hard to be not bullish on it as a good blockchain after you do that. There you go everyone, from the pudding itself, investing cause more. I mean that's it. Just quickly, how was your experience using cause and boredom?
supposed to like solidity be a thing they need them more stand out for and compilers and yeah I mean you know I would say like in one sentence like you can be if you're the best developer in the world which clearly I'm not but like and you you're working on salinity
You can sort of make mistakes. Obviously, on in Rust, it's very much has a better framework and the way Rust works through the clippy and stuff like this with giving advice to build better contracts. And the architecture of Cosmose and contracts where they have
have like, you know, where you, you know, you can't have re-entency because you always have to have defined replies between like what they'd call insulana cross-programm invocation. Like that does mean in general people are building better contracts. There's not to say you can't do stupid stuff, but it
In general, it really helps to build better things. If nothing else, then Cosmos really has, I think, shown a way to build better smart contracts. Which is good because smart contracts are useful even outside of the idea of just your crypto degenerate.
amazing. Well, listen, we're coming up to the end of our time. If there's anybody that doesn't want to ask a question, now's the time to raise your hand. But that's it for me, anyway, Max, thanks for answering the questions and helping me understand a bit more. Yeah, we'll just leave that
I was wondering, Max, while we're waiting on that, are you able to drop any information about what other chains you may be deploying on in the future? I mean, is Juno definitely going to be the first?
Sorry, sorry to say. Kick me off the call, fom stand. Oh my god, it comes on this space, it's filled to us and then it doesn't even so sorry, sorry about that, everyone. I don't think
it's Cosmos' collaborative ecosystem. So, yeah, Osmosis is likely there or it should be the first but more to come because you know as I said we want to be the protocol of the native tokens. So yeah.
Awesome, interesting. I mean, I kind of sort of had the impression that teams often like we deploy on Juneau as a sort of like, and I don't necessarily test that, but like as a sort of testing ground and then
It's the thought on there of the fuck around in the paint, don't you? Yeah, but I think, you know, I see what I'm saying.
You know, do you know has the most open community? I would say like you know because you know maybe we get rejected by the Osmosis community, you know, proposition 666 margin protocol on boarding whatever they would vote
know that would be back. So obviously Juno has like that lower bar but I think for our product you know it does make slightly more sense initially on Osmosis but you know with more to follow.
Awesome, well it's time for D5DGens coming up and yeah I'm definitely looking forward to trying it out. So yeah thanks very much for joining us today Max, I appreciate it, I've definitely learned something and I hope everyone else on
this call has, good to see B-Bans listening in, Stefan is in the house again, I appreciate you joining us and everyone else that was here, any closing awards? No, nothing, just hope no one got too wrecked by FDX, is
other words having fun times. Absolutely well I was I was already rexed by Terra so I had nothing left to lose essentially. You can't go down any further on the bottom. Absolutely well it was a very humble
experience so yeah the only way is up from here Highlander are you gonna close this thing down? Yeah thanks for coming on I'm looking forward to having a little go imagine. Does there any other test nets coming up on the pipeline please do let us know Max I'd love to I'd love to go on and have a little play around
We will be running some documentation and stuff, so hopefully we can do a little more coverage on margin for you as well. Keep an eye out for the communications sub-dial that should be hopefully going on change shortly as well.
Fred open at the moment so get on then get reading and get adding some anything we'd like to add to it please please feel free but that's up for me and cheers everyone for joining. Thanks everyone for your time. Thank you guys. See you later. Thanks Max.