Thank you. Thank you. so gm gm everybody welcome to magic monday number 153 we got a special guest speaker today i'm joined
as always with my partner in crime erin gmgm how are you gmgm sir happy holidays yes
i'm good brother how are you i I'm good. I'm good.
I'm spending the week with the fam this week, as I'm sure a lot of people are getting some
Like you said, it is the holidays.
I'm sure a lot of people are doing the same.
Any special plans on your side for the week, Aaron?
Just I love the holidays.
I have friends coming in that live abroad.
So great to link up with them.
Hopefully get on the skating rink, have some good food,
and, yeah, just Houdini swapping every other minute of the day.
So, yeah, life is good, man.
Eggnog and skating on the ice, is that a Canadian tradition?
Yeah, I'm not the biggest eggnog fan.
Getting on the rink is important.
No, just seeing family, friends, taking some much-needed time away.
But, you know, it's all good.
we're all going to be enjoying some time
we'll respect everyone's time too
like we said it is the holidays I'm sure
we want to respect everyone's time
thank you so much for joining Magic Monday number 153
give it a like, give it a share
yeah spread the love in...
Yeah, spread the love with...
You know, invite the whole family. Invite your grandma
to Magic Monday 153. If you're with her, turn on
the speaker and just let her listen in to the
vibes going on on Magic Monday 153.
We have a nice little docket. We'll keep it short
and sweet. We do have a special guest.
As you can see, we have Icon and Sodax.
We had a post go out this morning
We'll be talking about what that is, what that does, learning a little bit about them.
You can see they're up as speakers right now.
GMGM will intro you shortly.
I believe we have Aaron from the Sodax team and Aaron from the HoudiniSwap team.
So doppelganger Aaron's on Magic Monday 153.
But yeah, let's jump right in.
And Aaron, we can just tag team this one.
We can just talk about the week of competitions we had.
So we closed off the Hedera comp last week.
We have a 50,000 H-bar prize pool.
We closed off the week strong with over $300,000 in volume.
it's a little bit harder to get the bigger volumes because it is L1s. The fees are a little bit higher with bridging in, but still a very, very strong close to that HBAR competition.
So thank you to all who participated. We'll be announcing the winners later today,
and then the prizes will be going out um throughout throughout the week so stay
tuned you'll have some extra you know gift budget or or turkey budget or egg if you're an eggnogger
or whatever it is you'll have some extra h bar there in the wallet for for the budget over the
holiday so we'll be sending those out throughout the week and uh and then aaron i don't know if
you want to talk about this. This is your brain baby.
You conceived the 12 days of ex-stonking.
I'm just the doula here helping you give birth to this brainchild of yours.
Maybe you can give us some more info on what's going on there.
I mean, we've been running trading competitions for a long time now.
This is definitely one of the most exciting ones that we have coming up.
And, you know, especially in a time when the market's down pretty bad, you know, it's very rare to see a lot of projects offering these kind of incentives and these kind of, you know, reward campaigns.
So just thrilled to bring that to market and just with some really heavy hitters, right? Like we're partnering with, or we partnered
with Zebik, which does prepaid debit and credit cards, one of the top providers in that space.
And then, you know, BitRefill, I'm sure everyone on this call knows, it's kind of just like the
household name and gift cards and everything of that sort. So awesome to work with them and collaborate with them on the prize pool itself.
So that's 12 days of rewards that are going out.
So you can swap on Houdini to be eligible to earn those rewards.
And then really from an asset provider and, you know,
like the whole vibe of this trading competition is we just shipped X stocks on our,
on our front end. So, I mean, it's just, it's, it's really cool.
You know, internet capital markets is really evolving and just, you know,
from a self custody perspective,
you're able to not only hold crypto assets, but also just tokenized securities.
So, you know, X Tesla and X Google and, you know, X Apple,
all within, you know, a Phantom or a Rabi or a MetaMask wallet.
So just awesome to bring that to life.
And so we got the providers, which is backed.
They're the team behind X stocks.
They're supporting this entire initiative.
And we also got some love from the Solana Foundation itself.
collab you know four mega players backed solana uh zebek and and bit refill that are that are
helping sponsor this uh this trading tournament over the next 12 days but you know just tldr to
keep it very very simple you know total cumulative volume you know, in or out of these X stocks over the next 12 days will be eligible for Zebik and BitRefill cards.
So just some stocking stuffers, no pun intended, during these turbulent market times.
Only the best from HoudiniSwap and really just awesome to have these epic partners involved.
So yeah, it kind of recalibrates after 24 hours.
So don't just wait until the end.
You can win on the 24-hour timestamp
and we'll be distributing all those rewards around the new year.
So yeah, pumped and exciting, exciting, exciting times.
Yeah, $1,000 daily going out. Like you said, you're stonking, stonking stuffers,
trading XDAX on Houdini. Super, super exciting competition to close the year strong.
And we're doing things a little bit backwards on Magic Monday 153. Clearly, my brain is all
scrambled from the 12-hour road trip yesterday. We didn't
start off with the numbers. We started with updates
first and then numbers, but these numbers
they come in from all these
obviously the trading competitions
added to the volume and the numbers of
last week as they both kicked off
and closed some of them last
week. So let's cover the numbers. I can't believe I
totally skipped over that.
But just switching things up and keeping things,
keeping you on your toes here, Wizards,
But the swap report for last week,
this is the week of December 15th to the 21st.
Swap report 153, we saw $17,513,956 in volume.
And swap volume last week, that came in from seven thousand four hundred and sixty four swaps that brought in
a total revenue to houdini swap of fifty nine thousand two hundred and fifty three dollars
which half of that goes into our chart buys back our lock token and then burns it. So from last week's revenue, we bought back
and burned 216,198 lock tokens burnt up, gone forever. That's 0.21% of supply. We're on a
pretty much a 1% per month supply of buyback and burn from revenue. So super strong numbers,
per month supply of buyback and burn from revenue.
Publishing that swap report.
Put it underneath your tree if that's what you're doing.
It's a beautiful, beautiful, strong numbers swap report.
So yeah, go ahead and share that one around.
If anything you must be proud of right now,
it's these strong numbers throughout the time
chilling we're still uh still bringing in still bringing in bringing home the bacon so let's uh
let's use it now i don't understand any other updates from last week before we introduce our
guests anything else you'd like to to touch on yeah i mean just just really really quick i obviously
want to turn it over to our special guests and hear from them so appreciate appreciate the patience there but there's just there's so much there's so much new stuff to detail on Houdini swap like
you know if you've been away or AFK traveling doing whatever for a month and you know you've
you've come back to Houdini swap you'll just you'll recognize a lot of new a lot of new things
and really it's you know it's really, it's the landing page.
That was fully shipped last week.
Our route selector has dramatically improved.
The speed of the quoting, there's a lot of back-end stuff that's kind of smaller, more
on-the-margin fixes, but really from a user experience perspective, go a long way.
You'll notice that the quotes populate so much quicker, you know, our payment link for anybody
who's missed it. The first ever, you know, private peer to peer payments solution is now offered. So
again, if you guys are, you know, operating a, you know, a business or, you know, you're dealing
with counterparties and you don't want to have to fund, you know, keep opening a million different wallets or keep
doxing, you know, your wallets to counterparties when you're receiving payments, you know,
please check out the payment link. Pointless. I know we haven't talked about it much. That's our,
you know, that's our perpetual incentives and affiliate program. You know, we haven't given
that too much love because there's just been so much other
exciting, you know, like first of their kind pioneered products that we've shipped.
But really pointless is there.
Like if you guys are a frequent Houdini swap user, you should definitely be in that program.
You can earn off friends volume.
You can earn off your own volume, direct USDC, like real cash back, similar to like a program that you would see at a credit card or any major, you know, like airline or anything like that.
So, you know, there's just there's so much new and exciting that's going on that we've shipped over the past few weeks.
So highly recommend everyone just to check that out and give us their feedback on what they want to see more of in in 2026.
But you guys know us, we're always building,
we're always shipping and just trying to improve everything that we can at
Houdini swap. There's a ton of exciting stuff that we're, you know,
that's already in, in, in train. So, but yeah, there's,
there's definitely a lot to, to talk about, you know,
at least from a, just a two week perspective.
But I think that gives a good lay of the land.
And I don't know if I'm missing anything lunar,
but I'll turn it back to you.
It is crazy how 153 weeks in a row and every week
we have more product updates, product getting faster,
product getting faster, getting stronger,
getting stronger, improving it just for you guys, you know.
improving it just for you guys.
HoudiniSwap came about as a problem in the market
and as a solution for those problems
of the need for privacy, the need for interoperability,
and just improving upon that solution.
Every week there's updates on it,
and that leads really nicely into our guests.
It's our latest update, our latest integration.
We have Sodax on the mic, GM, GM, I believe.
Is it Aaron we have on the Sodax side?
Hey guys, yeah, it's Arvosh, close enough.
Oh, Arvosh, my bad, my bad.
So it's not a doppelganger.
Not a double Aaron on the mic.
Arvosh, GM, GM, man, nice to have you on.
I'm doing good, I'm good. We had on. How you doing? I'm doing good.
Great to have hosts, you know, thinking well and doing well.
So, yeah, glad to be part of the space.
Thanks for joining Arrow.
It's, you know, right now our Aaron, you know,
it was just going off about all the integrations
and the upgrades that we had.
Sodax is, like I just mentioned, our latest integration.
if for everyone here who hasn't heard of you guys,
like what you are, what you do,
what does this integration even really mean
for like a day zero, ground zero person
who doesn't know you guys?
Can you give us the intro of like what Sodax is
and how you guys help the space?
Yeah, so I mean, for most of you guys who don't know us,
we rebrand, I think back in 2017,
the project called Icon, that's a popular layer one,
And now we've rebranded the beginning of of this year we've announced the community that we
rebranded to uh sodax uh so as i said uh icon layer one we decided to uh be very focused in
what we do what we do best we were project born um for uh interoperability and fixing the problems
that you see nowadays with fragmented liquidity,
siloed layer one communities, bringing them together.
So yeah, our main focus right now
is to provide tools for projects to go cross-chain.
So you could think of it as a middle layer that powers faster, smarter and more accessible
So basically, they are to help projects achieve their goal in terms of cross chain, going
cross chain in an affordable manner and a scalable manner. So right at our core of our cross-chain tooling is our solver.
So the solver, in a sense, if you really think about what a project needs to go cross-chain,
firstly, one aspect is cross-chain swaps.
Our solver offers intense-based cross-chain swaps.
So this is pretty much our partnership
with you guys when Houdini's talk to him in terms of being one of the solver providers for users
that want to cross-chain swaps essentially what we do is we have liquidity in our money market. The solver borrows it temporarily,
routes trades via external AMs in the different chains
and delivers the output asset to the destination chain
We also have different functionality
in terms of unified liquidity.
We one of the obviously because problems and we'll
obviously speak about this about fact-man liquidity and a lot
of people don't really have projects that do cross chain
They don't need to seed liquidity.
We have a very sizable protocol on liquidity watches that
that users, that can can take advantage of
and also we have a cross-chain stablecoin where users can route uh you partners can and can route
uh liquidity uh to which chain they want to take it to uh And we also have a cross chain money market.
Partners can take advantage of if they integrate SDK,
so single side liquidity assets,
and you could borrow across the 12 chains
So I think I've packed a lot into that answer,
but yeah, do feel free to ask me any further questions.
Great, great rundown on what you guys are doing
and congrats on how much you guys have already achieved.
You know, focusing on, you know, like you said,
there's a lot in there, right?
To like unpack it, you know,
talk about exactly how you're solving this problem
of fragmentation and like unified liquidity and cross-chain and all these like DeFi terms that
we've gotten so used to just to using. But, you know, as when you go back to its core, right,
like DeFi, it was supposed to be just, you know, decentralized, you you know real ownership of our finances peer-to-peer money
no middleman fully decentralized economy but as everyone was building out these different
blockchains we kind of got lost in the sauce and we ended up being so fragmented so siloed so
isolated that well we didn't realize that's we kind of created this whole other problem, right? In the space of being so fragmented.
And the real solution is having tools where we just go cross-chain, right?
Like we don't, it can't be difficult.
And I guess the question that I'm working up to is like,
how do you guys approach such a complex thing as like cross-chain swaps
and all these all these things how do you guys approach it in a way so that people feel
that seamless just just swapping or what's the end goal you guys have when
it comes to this this this this cross-chain functionality and solution
that you're that you're working towards yeah I think that's a great question I
think I think firstly I think I just need to touch on liquidity fragmentation is a huge problem,
but I think it's accelerated, especially this cycle where we see AI coming into the picture.
And I think a lot of crypto projects, the crypto space was caught kind of off guard
by it because we see retail now and also institutional investors like everyone thought all liquidity and
everything's going to move to crypto but then ai has taken the spotlight especially last year as
well uh with the chat gvt and ai companies really really leveraging on ai uh and then what we what
we saw is like like uh liquidity being less and less and we see new narratives in the crypto space uh only a few
projects really benefiting so users and and ecosystem really solves us like we find we can't
allow our users to go to other chains and be the new hype project and moving away how do we get um
like how do we get users to stay in our ecosystem and take advantage of it without actually moving to
somebody else. So that's why I think liquidity, solving the liquidity fragmentation problem is
really much more important now for apps and layer ones and projects in general. So with that backdrop in mind,
how we wanted to solve the liquidity problem is obviously projects in the past used,
we see a lot of mercenary liquidity,
people using their tokens,
emissions to kind of grab the liquidity.
And we saw that being very nonsticky and people not really sticky around
in the ecosystems and in projects.
So firstly, what we, what we really want to look at is.
Liquid aggregation in its core.
And I think that you guys also like folks like aggregators and solvers are
really, really looking at, you know, how know, how do we, it's moving from like before it was about, you know, capital.
How do we, how do, how do we move capital?
But nowadays more about capital coordination and liquid aggregators instead of like moving liquidity, they need to, how do we connect the liquidity
rather than getting users to move around that?
So that is in essence how we,
with the solver and Sodex,
we're looking at how do we make the UX experience
we don't use bridges which are complicated process
it's before you know doing a stop we need to bridge the assets wrap the assets so many steps
into it but in our our solution and obviously for aggregators you guys are looking at is one-stop
shop with the many amount of protocols different solver services that offer. It's up to the user to choose, but choose in a way that's so easy.
So it's one click, but there's a lot of things going on in the background, as I said,
in terms of routing the liquidity, where the liquidity should, where the user wants the
So it's all like a three four step process between with
our solver uh we make it like a one-step seamless process and also like with the big players like
layer zero and other interoperability solutions we are a complementary product to all those we
we don't we you we tell the partners okay you guys can use whatever OFT standard that you want to use with a cross-chain
and we will just complement that solution.
Yeah, you hit it on the head, right?
It just needs to be simple, that one-stop swap.
We're all working towards that.
And that's what you're bringing to the Houdini house, right?
like what does this integration mean for us?
You know, like we're, you know,
Houdini swap is a cross-chain,
you know, liquidity aggregator,
cross-chain aggregator with privacy tools, right?
You always have that privacy tool,
just one click away to be able to send funds privately
across any chain on the same chains.
But for those cross-chain swaps
with integrations like Sodex and all
and all the solver solutions that you guys are providing, you guys are built plugged right into
the Houdini swap house now providing your power. So it just adds more routes, more options,
you know, the speed to be able to go cross chain and just that one simple click not having to,
you know, you have assets on one chain, you want to go to another.
Like we've all, if you've been in DeFi or in crypto
for more than a couple of years, we've all experienced the,
you know, having to swap your token, go to the main net
and then bridge and then go to another and then swap again
and find the decks and find the bridge.
It's just, it's too much.
And if we're really trying to work towards that future of finance,
it needs to be not just better, right?
Like at its core, but it needs to be easier and simpler.
Like where the world is heading, people don't want more complexity.
They want more ease of use.
And these types of integrations and the type, like you said, the US, the UI, UX experiences that we're trying to create is with that goal in mind, right?
That one stop swap. Just swap it.
You don't have to understand what goes on in the background,
just like you don't have to understand what's happening in the background
And that's the type of front end that we're trying to provide.
And we're really happy to have you guys plugged right in
to be able to offer that seamless cross-chain experience.
Aaron, I know you've been silent for these last little bit,
but I don't know if there's any comments you'd like to add in here
on just the Sodex integration or cross-chain interoperability
Look, I mean, Sodex is an incredible team,
and it's been an absolute pleasure working with you guys.
I mean, you guys know us. We're an aggregator, so it's been an absolute pleasure working with you guys. I mean, like you guys know us,
we're, we're an aggregator. So like it's in our best interest to just, you know, aggregate the top,
uh, providers in their respective domains. And, and ultimately at the end of the day,
what this does is just give the user the most democratic, you know, process for their,
for their swap, which is how it, how it should be. There's so much, I can't even tell you guys,
you know, in the aggregation space,
how much, you know, manipulation and exclusivity
and vendor lock-ins there are.
And it just, it creates this process where like you go to,
you know, why would you go to booking.com
if they only, you know, were favoring one airline?
It just, it doesn't make sense, right?
It's the idea is to give you,
run the algo for the best price speed, you know,
and then, and then privacy enabling for us as well. So we are,
we're super happy to have them in our network and yeah,
looking forward to you know,
to routing volume to the best player that exists out there. That's,
that's how it should be. And that's what, you know, that's,
that's our ethos on the, on the on-chain aggregation side, 1 million percent.
Really, really well said, Aaron.
And to touch on what Arrow said from the Sodex team,
there's just no real loyalty in the DeFi space.
That kind of is where Pointless comes in, just to give that a little shout out.
Our incentive program is all swaps on HoudiniSwap. You sign up for Pointless comes in, just to give that a little shout out, our incentive program is, you know, all swaps on HoudiniSwap, you sign up for Pointless.
Any swap on HoudiniSwap that you're performing, you can earn USDC.
So you're routing stuff through Sodex, you use your referral ID, and then you're gaining some extra spending bucks there just for doing your swap.
So I don't know how much your other aggregator or your swap is paying you to swap on, but HoudiniSwap has their pointless system. Pointless because there are no points.
Points are pointless. We pay out all of our wizards are earning in USDC. So just to solve
that loyalty issue is make the product a little bit more sticky there. But to close off,
Sodex, any closing comments to finish off the space? I see the time. We're coming close to the
30-minute mark, and I want to respect everyone's time,
especially on the holidays.
Any closing statements that you'd like to give to our community and yours?
Yeah, I mean, yeah, just a couple of things.
I think, firstly, on HoudiniSwap, I think we're really grateful for the partnership,
and also we see the aggregation layer being probably going to surpass
L1 ecosystems in terms of
going in the right direction.
So we're proud to be a part of it and
we're proud to kind of see how this
develops. And I urge the community
to kind of go to HoudiniSwap
and see the power of Sodax and see how we win trades.
And also to our community as well,
I think we're right now going to the migration,
we're moving from ICX to Soda tokens.
I think we're currently listed on almost 30 exchanges.
So that migration is ongoing
and the community are very supporting on that.
So a lot of things to come from Sodex into 2026.
And yeah, we're proud to be partnered with GreenSol.
2026, the year that we unify all of DeFi
Thanks to partnerships like you guys.
Keep building, keep offering.
Thank you so much, Sodax, Icon, for joining as speakers
and to give us a little insight into what you guys are doing
and how you help also the Houdini swap routing
and our community and our users as well,
improving the overall experience.
I'll review the numbers real quick for those who are tuning in late right now we did for the week of December oh Aaron go
ahead please I see you through your hand up yeah I just wanted to say just kind
of as like a as a as a close here and then I'll throw it back to you learner
he's like oh you know learners heard me say this a few times now.
So apologies to him for the redundancy.
But we, you know, over this over these past few weeks,
I've been taking a very, very like, you know, in-depth research R&D approach
to some of the top disrupting projects and startups in not only crypto,
but also just across, you know, kind of web too.
And, you know, when I look at the stage that Houdini Swap is at, it feels eerily similar to
some of the projects and companies like an Uber or an Airbnb or a Polymarket or a Hyperliquid.
or a poly market or a hyper liquid.
And like, you know, as I look forward to 2026, it it's really it really does feel and I think
the entire team can can echo this.
It really does feel like it is only a matter of time before we have our moment in the sun.
And, you know, like all the numbers and the progress that we've built over 2025, it is nothing short of remarkable.
But there is still a massive, massive cohort of crypto users that still bucket us, you know, in the category of tornado caches and coin joins and, you know, sketchy and, you know, like for for for illicit
activity. And it's just and I and I can imagine that Polymarket and Uber and Airbnb got the exact
you know, they had to fight that they did. They did have to fight like it's a fact they did have
to fight for years and years to reverse engineer that narrative about what they were
truly trying to build, right? Like Polymarket was a betting exchange or a money laundering platform,
you know, until it wasn't, right? And then Airbnb, same thing. Like nobody ever thought,
you know, renting out your home to strangers, like that would, that would have been a crazy, crazy compliance regulation, like just social norm, like that just went against everything.
Same thing with Uber, getting in a stranger's vehicle. And now it's just, it's so deeply
integrated in society and privacy and private swaps does truly feel like the next iteration of disruptive technology.
And so, again, like, you know, we are seeing the rise and like, you know,
the mass domination of a project like Polymarket.
But keep in mind that for years they had to battle against all the naysayers
and the projects that actually do put us through diligence.
Like, you know, I had a call with, like, I don't want to go on a crazy tangent here.
I know we're going over time, but, like, I had a call with Arbitrum.
And the predispositions and the misconceptions that they had kind of, like, pre-call versus what they learned about Houdini Swap and the eagerness to work with us and the due diligence that they did on us.
And we obviously passed with flying colors because we have nothing to hide.
Like we encourage people to look under the hood and look at our tech and look at our compliance and how we built the product.
It's just we need to there's there's no way to get around it other than hand to hand combat.
no way to get around it other than hand-to-hand combat.
And for everybody listening on the call,
it's your duty as well to just speak the truth about Houdini Swap.
You don't have to finesse anything.
You don't have to lie about anything, misconstrue anything.
It's just what we're building.
And so just as a summary, it does feel very, very analogous to some of these mass disruptive companies and startups.
And I truly think that privacy is that next mass disrupting force.
And to be the leader in that space, it can have this polymarket impact.
base, it can have this poly market impact. They, you know, accurately called the previous,
you know, US presidential election. And now they're partnering with mainstream media,
and they're everywhere. So we will have our moment in there, son. It's on us.
It's on everyone on this call to just educate people on who we are and who we aren't.
to just educate people on who we are and who we aren't.
And the best thing is, is you don't have to tell lies.
It's completely proof is in the pudding.
And so I'm very, very excited for 2026
because it does seem like people are truly starting to wake up.
And the ones that put us through the test
and ask the right questions and and the ones that put us through the test uh and ask the right
questions and do the proper diligence on us it just it brings us so much closer to them because
they you know like it's just a true story on what we're trying to do and what we're trying to build
so i'll shut up turn it back to lunar and uh yeah i wish everyone a happy holidays and the best
during this uh during this next few weeks.
Yes, I have heard you say that more than once, Aaron,
but every time you do, it just makes me more and more bullish.
There's a lot of new listeners here on this space,
Magic Monday wants to see, so I'm glad you covered that.
Just to add to that, just one last comment.
I know we're over time, but privacy season, as Aaron says, we're getting into the point where it's just going to be a tipping, it's just, it's a tipping point where privacy is going to be that next disruptive, you know, class in the space.
season. We made a post about this last week or over the weekend. That's a misconception. There's
no privacy season because the moment you learn about privacy, the moment someone does their
due diligence, someone goes through the work and puts us through the ringer and then learns about
what privacy is and how we solve it and the way to do it compliantly, there's no going back.
It's a one-way door. People come into it, they start using it. And then once you realize how
exposed and naked you are transacting
on a public ledger, there's just no going back. You're going to start looking for better and better
privacy solutions until you find the ones that just click with you. And that's what we're striving
to become is just that platform for all your privacy needs in crypto. Become those rails for
all the big players as well, like the Arbitrums of the world that Aaron's been having conversations
with, to just be their privacy provider,
be their rails to be able to transact privately
because once you realize it,
once your eyes are open to it,
The privacy season is more like a snowball
that's just going to get bigger and bigger
as it rolls down the hill.
So really well said, Aaron.
Thanks for touching that up
and using it as its closing statements.
Let's just wrap it up now with numbers. For those who tuned in late for last week of December 15 to the 21st, we did $17.5
million in swap volume that came in from 7,468 swaps, brought in just shy of $60,000 USDC that
will find its way partially onto our chart for buybacks and burns.
And from last week's buybacks and revenue, we bought back 216,198 lakh and burnt it forever.
All thanks to you, our community.
All thanks to OneLocal Integrations that make our product just that much better.
Give even better user experience to all of those, all of our twoppers, all of our wizards.
That brings Magic Monday number 153 to an end.
Thank you all so much for being the most wonderful group of wizards that ever was.
Until next time, bye-bye. Thank you.