Meet the Injective EVM dApps ft. Yei Finance, Orbiter, and Stryke

Recorded: Aug. 29, 2025 Duration: 1:05:09
Space Recording

Full Transcription

Thank you. Hello, everybody.
Hope everyone is having a great day wherever you are in the world.
This is Rocky behind the Injective Labs account here.
And we got another space
for you guys. This one is with a few of our EVM projects that are pretty exciting that
all do something a little bit different than one another, which is cool, which we'll get
into here in a little bit. But let's get the rest of the speakers up here on stage and
then we'll get things kicked off.
But thanks, everyone, for joining.
Just doing a quick mic check.
Everything good?
Hey, what's up, Sai?
Yep, you sound great.
Yeah, doing good.
Yeah, doing good.
Doing good.
Doing good.
I'm excited for the service.
I'm tired for the stress.
Can you hear me?
Doing my choice?
Okay, great.
Loud and clear. All right, just 30 more seconds, you guys, and then we'll get things kicked off. Thank you. Can we have the strike main account join as speaker?
He won't be speaking, but just to have him show on top.
Yeah, go have a request to speak
and then we'll bring him up here on stage no problem sure awesome
Okay, cool. Well, let's go ahead and get started, you guys. Looks like we have a good number of people here in the audience, as well as a full panel today, which is awesome.
A few housekeeping items for everybody in the audience.
Number one, you know, we're going to be speaking with three of our top sort of EVM dApps that have, you know, come on board.
They've deployed a testnet.
They're really excited for mainnet.
And this is just a chance for you guys in the audience to just get to know them a little bit more, you know, get to know the people behind these projects, learn about the projects, you know, it from kind of inside out.
And also, you know, learn a little bit about sort of what it takes to build these projects,
right? Because, you know, these, these projects don't just happen, right? There's actually real
work that is happening behind the scenes every single day to make these projects sort of as
great as they are. And so, you know, I want to kind of peel back the curtain a
little bit for you guys, give you a chance to, you know, learn a little bit more. And, and, and,
you know, if you're maybe sitting on the fence and are like, you know, do I want to deploy my
application to Injective? Hopefully this gives you another sort of avenue to explore of like,
another sort of avenue to explore of like, well, hey, these guys did it. Why can't I?
So again, hopefully that just comes to mind and sort of we educate you with some
good information today. And, you know, everyone that sort of leaves this space,
you know, wanting to dive in more to our applications here on Injective.
But without further ado, again, just one more housekeeping item. We will
be having a Q&A at the end of the space. And, you know, from there, we'll be able to,
you know, ask your questions for any of the audience or any of the panelists here. And then,
and then, yeah, let's, let's also keep the, the topics, keep the topics mainly focused on these EVM applications.
You know what?
There are other sort of community calls and other types of things that we do on the side, which are more sort of open.
But if you do have a question, let's keep it kind of focused on maybe EVM as well as questions for these EVM projects up here.
Just because we got a captive audience.
You guys are here for the dApps.
And so, yeah, let's just keep it focused there.
So without further ado, let's jump into it, everybody, and with some introductions.
And so why don't we start with Ye Finance, and then we'll pass it over to Oberger and
then Strike.
So Ye Finance, we'll have you jump in here.
Hey, guys. This is Wiz from
Ye Finance. So nice
to be with y'all. So for those who
are not familiar, shape on you.
Ye Finance
is the biggest lending protocol
on Say. We topped
at about 600 mil in deposits
not too long ago. Now a little bit
lower due to market conditions,
but still a hell of fun.
We have a very cool NFT collection called Yealians,
which I also encourage you to check out.
And the reason that we're here on this space is,
is that we very recently launched our first Ye spoke
on injective testnet,
something that we're really excited about.
And people trying out Ye Finance on the injective testnet, something that we're really excited about. And people trying out Ye Finance on the injective testnet
can actually earn a purple badge.
So, and the purple badge may sound a little bit vague,
but we have a bad system for Ye Finance,
especially for those who hold the aliens, and that's really cool.
And by the way, we also released a new cool cross-chain product
that I'll talk about a little bit later,
but it's definitely going to be an exciting space.
Well, thanks, Wiz.
Someone from the Orbiter team, go ahead and jump in here.
Hi, this is Kier from Orbiter Finance.
Orbiter Finance is a cross Train protocol powered by CK.
We deployed the first Cloud Train smart contract back three or four years ago.
We were the first CK bridge on Stagnet, CKC,
bridging from those layer 2 to Arbitrum and back to the Ethereum mainnet.
We have over 4.5 million daily users right now.
We're ranked the top three, four,
0.4 cross-frame protocol, ranked by transaction numbers.
That's amazing.
Hey, thanks, Kier.
And Zay, go ahead.
Yeah, sure.
So essentially, I mean, we're really excited just to come on Injecta just to
showcase this new product.
I mean, we've been live in the past for the past few years, I would say.
But now we're basically just coming out of uh of an audit uh with this brand new product uh
where basically you'll be able we built basically on top of a taxes uh hooks that allow for uh the
taxes liquidity to be utilized uh for options so basically what strike is is essentially um
it's a decentralized options protocol that allows uh that basically builds on top of the
taxes uh so it utilize the liquidity that's existing on taxes to basically have that liquidity
be transformed to multi-faceted liquidity so it's very complex uh we're really pushing the boundaries
of like uh of the liquidity space on on chain and we're trying basically to to make liquidity more
efficient um so basically you'll be able to
purchase options on our platform uh while utilizing the liquidity that's already existing on the taxes
um it's a really cool narrative because uh by by making that liquidity more efficient
uh you're basically utilizing the same liquidity right so we're adding efficiency from the same
liquidity and now you have a new tool that you
usually users can just swap right in this case with the same liquidity they'll also be able to
purchase options so there's a lot of use cases like uh dgens that just want to leverage or maybe
like uh yield strategies or uh there's all kinds of different strategies that are possible
uh possible with options right because it's they're so composable. So really, really excited to see what other platforms
are building on the chain.
So with who we can collab with
and just to expose the injective users
to this new narrative that we're trying to push.
Well, thanks you guys.
Thanks for the introductions there.
Let's dive a little bit deeper. You know, I think one of the things that I always hear in communities that I'm a part of are that was like DEXs were like just getting started, right?
Mainly AMM DEXs were just getting started.
And, you know, you could launch just a fork of Uniswap and essentially just gain all this TVL, gain all these users because, you know, you were maybe one of only a couple out there.
Well, now, you know, fast forward to 2025 and we have, you know, numerous
AMM VEXs. And if I were to launch one tomorrow without any differentiating features there,
you know, it would be, I would struggle extremely hard to get users in TVL. So, you know, my question
really for you guys, and, you know, this is an open forum, so feel free to just jump in. There's
no set sort of order here is, you know is your your application's superpower right like what is that
one maybe differentiating factor that you can point to that uh can get people in the audience
excited about trying your application and realizing like this is something that's new and novel you
know this isn't some copy paste and we're done um so let's start there who wants to
go first well i'll open this up so uh the first rule of launching an application is don't be lazy
right so i think you you point this out in a very funny way actually that yes like back in 2017 you
could probably launch total crap and people would be excited because there wasn't anything else.
But that is not the case in today's saturated marketplace.
Right. The problem is this, though. But if no one knows about it, no one understands how to use it, or it's just not a fun experience to use, it's going to be very hard to get actual users and to get actual interests.
So if you ask what the superpower of EA is, is that we build things that are extremely useful compared to our competition, right?
competition, right? So very specifically, one future we introduced recently is called dual
yields, meaning that if you LP in our swap functionality, because we also obviously launched
a DEX, if you add capital to a liquidity pool, you'll also earn lending interest on this,
right? So this is something that already existed, right? But that,
like, those type of innovations really matter because they bring people better returns. Now,
we are going to take this a step further with our new product, which enables something that
we call liquidity stacking or yield stacking. And what yield stacking effectively does is that you
can earn bridge fees, fees lending interest and strategy
fault yields with the same deposit so you simply do not have to choose whether you're going to lp
or deposit it into a lending protocol or in a bridge because we deposit it into clover which
which is the new name of our new product you're going to earn all three plus strategy fault deals, right? So that is the first step to bring true innovation.
If you're just going to be lazy and just fork Uniswap
or fork Aave, go home, right?
The industry doesn't need you.
The users don't need you.
I don't know, like go to a different industry.
But this is like in this day and age,
you can't get away with that and rightfully so.
Now, the second part is how do you actually get people to notice you? And I think this is also something that makes you very different.
Because if you think about it, we started as a lending protocol and say, and over the past year, we have completely exploded, not only in TVL, right?
exploded, not only in TVL, right, and 600 million in deposits, becoming the 15th lending protocol
in the world is quite impressive for a lending protocol on Say. Let's be honest, like,
Say is an incredible chain, but it isn't that well, wasn't that well frequented when we started,
right? And the solution to that problem is to really be user-centric and just to really
speak to the user and besides just developing an awesome product involve them every step of the way
right so and i think there's other speakers here that like that can attest to this if you treat
your community right if you don't treat it as an afterthought, if you involve them in the
development process, right, and if you reward the early users handsomely, you're going to have a
lot of community support, which will attract a lot of new users in the long term, right? So the early
users, yes, it's cool. It's cool to have an early community and people who participate and help to make your product better.
But the end goal is, is that you get a mass influx of new people who want to try your product.
So it's a long game. Like I personally view this as something that takes years, right?
So people in crypto tend to have, and also people in projects in crypto, have a terribly short attention span.
They think one week ahead,
maybe a month, right? But they never think years ahead. And that's also why it's in a way quite
easy to compete. Because if you build a cool thing and on the tech side, you're constantly
innovating. And on the community side and marketing side, you take a view of years and everyone is focused on the next week and the next month.
It's great. Let another project have the hype of 48 hours.
It matters way more who in a year has the biggest and loudest community and who is the most respected and has the best reputation.
So it's really a long game that differentiates us from our competitors.
And why are you going to see Yei?
And especially why are you going to see Clovis,
which is our cross-chain solution with yield stacking?
You're going to see it everywhere.
It's going to be undeniable.
First of all, I just want to say I love the question,
what sets us apart, right?
Like that's literally what Strike is about in a way, about like we're not trying just to be a copy paste.
And by the way, like what you mentioned, that what you guys are doing is essentially like I love what you guys are doing because you're literally doing a bit of what we're doing as well.
a bit of what we're doing as well, right?
Like, I feel like everybody's like thinking
like the protocols are actually innovating,
are taking this approach where they're saying,
how can we improve the efficiency of liquidity
and not just be a fork or whatever, right?
Like what is existing right now
and how can we improve that, right?
So on our side, what we're doing,
we're also not taking liquidity that's already existing, right?
Like EA, for example, they have a lending protocol, I believe if I understand correctly, on top of an already existing, right? Like EA, for example, they have a lending pro-cov,
I believe, if I understand correctly,
on top of NLP pool, right?
You can provide liquidity for the DAX,
but you can also have that liquidity be used for lending
or for bridging and you earn fees all across the board, right?
So we're taking also a different, a similar approach,
but literally completely different tools, right?
We're basically taking DAX liquidity and saying, look look what can we do with this dax liquidity we
can also uh dax liquidity is basically uh for those that don't know the basically their their
intrinsic uh exposure is basically uh short volatility and short volatility is literally
the same thing as being short covered calls, short covered, short cash secret puts.
So that what that means for us is that we can recreate an options market out of that the same exposure, right?
So we build on top of the DEXs, offer this exposure in different ways, right?
So we offered this in a different tool that users can utilize.
And now they can speculate on assets going up to a thousand next leverage with no liquidation
right so it's really like a tool that is non-existent right now in DeFi so we're opening
this a new tool for users a new product right so it makes uh DeFi even more interesting for users to
come in and try try things out but it also means that LPs now have a way of uh adding efficiency
uh to the the the capital that they're providing.
So now, since they're providing liquidity into the DAX, now you have every party winning.
Because now by introducing a new product, the users come in, they can now have this new product that they can utilize.
They can either swap, they can have options, they can bridge, they can do lending through
EA, right?
And at the end line, through all these different products, you have one underlying liquidity,
which maximizes the capital efficiency.
So yeah, I think where all of DeFi is moving towards that route, and anybody that is not
moving towards that is going to fall off the bandwagon
just because basically usually capital flocks to what's efficient, right?
Yes, yes. And it's all going to be integrated soon, right? Like the distinguishes between bridges and DEXs and lending protocols,
they're going to be considered artificial in three years from now. And probably there will be such integrals.
A lot of things that we now take for granted,
how people interact with chains,
or just purely the siloed nature of DeFi.
If you think about it, it's insane that if you have,
let's say, 200 mil of TVL on chain A
and 300 mil of TVL on chain A and 300 mil of TVL on chain B,
those pools of liquidity, they can't interact with one another.
And if you want to bring something from chain A to chain B,
it takes a ton of time.
That doesn't make any sense, right?
Because at the end of the day, all the user wants to do
is do stuff with their money.
So why would that be separate?
Why are those barriers there?
And of course, from historical perspective, it's very logical.
But from a user perspective, it doesn't make any sense.
It's only frustrating, costly and time consuming.
So like, and it's like not that long ago, it was even harder and more expensive
and more time consuming.
So I think that over the past few years,
like in general, bridging and DeFi in general
have become way more efficient and cheaper
and easier to use, right?
And I think that a lot of progress has been made,
but if you look forward,
what is going to happen in the future, a lot of the steps that you have to take aren't going to be necessary because there's going to be integration across the board.
There's going to be one big liquidity pool that, yes, it all lives on chain, but it can live on different chains at the same time and it can be interacted with from one app at the same time, such as Clovis.
So there's not going to be that distinction anymore that is being made right now.
And that is just costing user time and money.
Yeah, I completely agree.
It's like you trade on one chain with that amount of liquidity.
You move the pool up in price.
The other chain doesn't move up. chain with that amount of liquidity you move the the pool up right in price uh the other the other
chain doesn't move up then there's an arbitrage basically and basically the user loses on that
arbitrage right so uh correct not only you get mev on the chain itself but you get in a way mev uh
also cross chain right so um so it's never fun for the user just to automatically get a loss just because the infrastructure is not set up right now.
So there's so many problems that still need solving
that frankly not enough people are talking about
and a lot of people aren't aware of.
So that's also why I'm excited about Clovis
because when people are gonna find out
what this actually does and the value it provides,
that can get very interesting.
Kier, do you have any sort of input
on what the discussion is about,
or wanna elaborate on sort of orbiter's superpower?
you know, want to elaborate on sort of Orbiter's superpower?
Yeah, like the question was,
how do the protocol differentiate from other protocols?
Yeah, basically, like how Orbiter stands out
in, you know, a sea of other bridges
and cross-chain protocols.
Okay, yeah.
So, yeah, so when Orbiter started, we have started a lot.
Previously, two years ago, we have the running bridge hack.
And then one, like, then one years ago, you have the Thorechain hack and also the multi-chain
bridge hack.
And then you sum up to be over 1 billion of worth of USDT hacked.
And all of that hacking was involved with
somehow a trust assumption of a multi-seq wallet
or the liquidity pro smart contract,
which can be hacked by a backdoor or a social engineer.
So Orbiter as the first secret bridge, it kind of solved the problem of trust assumption.
So basically how Orbiter works, I'm not going to go into too much details about it,
but basically how it works is that
if you want to cross your,
like a cross-chain your ETH on Arbitrum or whatever,
basically there's one transfer to a wallet
that sort of like monitor all of these transfer
flow into that smart contract.
And then it generates automatically a ZK proof, which is not, you know,
validate or, you know, generated by any human beings.
It's generated by this ZK software, which cannot be, which is tamper proofed.
And also it's very, it's almost impossible to hack in that way.
So basically, we have eliminated trust assumption in the Qualtrane bridge error.
So that's one part of it, which is it's almost impossible to have any hack issue on arbiter
finance and also because we don't really interact with that many smart contracts so for example if
you have log mint you know or log mint a burn mechanism of cross-chain bridge,
you interact with the smart contract twice,
or in some way you have to interact four times.
That means your gigabytes of submitting the transaction on chain is gigantic,
which means you have to pay a lot to cross-chain one transaction.
In the case of Orbiter Finance,
there's only two transfers.
So two transfers is the lowest bundle transaction
as a cross-chain bridge that you can have.
You simply cannot have one transfer
to fulfill one cross-chain bridge, right?
So that makes Orbiter, first of all,
one of the most secured cross-chain bridge,
and also the cheapest and fastest cross-chain bridge
in the blockchain field.
Yeah, I think that's our superpower.
Gotcha, that's really interesting um moving on a little bit you
guys with regards to you know obviously everyone knows sort of what your projects are you know right
now like what the capabilities are what the feature sets are but maybe you can maybe look into the
future and you know extrapolate a little bit or have maybe that North Star in mind when you
answer the question of what is the end state of each of your protocols look like? There might be
just a very limited sort of feature set or even one feature set right now that's really promising.
But when you extrapolate out, what are the end state?
This is where we're going.
This is what we're building for with regards to all these capabilities and ways a user can utilize your platforms.
What does that look like for each of your protocols?
Very simple. Any asset, any chain.
So when you're launching Clovis in Q4,
which is our cross-chain product,
and the vision is that wherever you are,
whichever chain you have funds,
you'll be able to land, bridge, swap, and repay
when you're interacting with Clovis.
So we've got to include all chains, not just EVM chains, but also Sui and Solana.
And we're going to create a solution that can replace all your lending protocols and all your DEXs and all your bridges.
And that's obviously going to take a while.
And as we go, it's very hard to predict how this will play out because the space moves so fast.
So we'll have to kind of improve as we go.
But what I foresee is that there's going to be a couple of chains that are going to do revolutionary things that we haven't even thought of.
And that is actually where the biggest win will be for Clovis.
Because whenever a new chain launches that does really well
we can deploy there and people on their chain right like imagine that a huge pool of tvl
can immediately go live once a new chain goes live right that is a huge win for everyone for the chain
for the users and for the existing users of Clovis. Whereas now, if you have a new chain,
you have to bootstrap the liquidity, right?
Or you have to, you basically have to find people
who are going to deposit liquidity on your chain,
either retail or bigger LP providers.
But when we have Clovis, we can just deploy anywhere
and boom, there is stuff to do on that chain, right?
And it's also, you know, it's less relevant, I'd say,
but imagine a dead chain, a chain where there is TVL,
but there's just not a lot of activity happening.
When Clovis launches, that is such a win for those dead chains
or for those less relevant chains,
because they can either interact with the whole,
I can say with the whole ecosystem of crypto,
or like with all other chains that are connected to Clovis.
And I would almost argue that that will not be why people do it.
I really think that when Clovis comes out,
people will start to talk about Clovis in general
and less about the chains that they are on.
It's that good.
It's simple.
If the app is good enough,
does it really matter which change you're on?
If your returns are better than anywhere else
and if your user experience is better than anywhere else?
Yeah, on my side, I would say,
like, I would like to first, like, give a near future,
like, a more near future,
like, when, for example, we go on main ad, right.
On injective and maybe like after just, uh, like a forward looking
like, uh, like vision or whatever.
Um, so for like, I would say like when we go on main ad is the idea is like,
look, we options, if you look at on chain, uh, there's no option really
like a big option market, right?
There are, there's a few option
protocols uh but there isn't like mass adoption yet for options on chain right um and our aim is
basically to tap into like making that option market grow into like a sizable market to to
basically um like something like trap fight try to try if you look at try options is like it's
huge right like zero data options uh people go crazy for them and also institutionals love to
trade options uh just because it's like the most composable tools so they have ways of hedging
they have all kinds of ways of positioning themselves right um so there is a lot of growth
the total adjustable market is definitely there as question is, how can we compete against, uh, centralize, uh, centralized exchanges, right?
Because, uh, right now institutions are basically trading on centralized
exchanges, um, and retail is not really interested, uh, right now in trading,
uh, on chain because they just rather go trade perps, uh, 10X leverage,
something simple, right?
Um, so the idea that we're going for for
mainnet is like really simplifying options for for to make it really really retail friendly so
um again what we're doing is basically taking tax liquidity and proving it but uh what does that
mean in in other terms is that for example let's say you're holding uh i don't know like a pt asset
or something yield bearing on chain right um uh for example on a landing say you're holding, I don't know, like a PT asset or something yield bearing on chain, right? For example, on a lending protocol, you could have a ETH deposit, right? Like a AVE,
ETH or whatever, a USD, right? You can have this yield bearing asset and now you can deposit that
yield bearing asset into our platform, into these vaults, right? Which will have a bit further down
the line. So once you deposit inside these vaults, you could have, instead of having that 5% yield
that you would get on that lending platform, what Strike does is it actually boosts your
yield by selling options on that already yield-bearing token, right?
So you can think of it just like simply as a yield boosting protocol with uh basically
you setting limit orders right so let's say you want to sell etel a certain price you set that
limit order and now you would boost your your yield from maybe five to ten percent to it could
go very high it could go up to like 80 right depending on the what the limit order you said but
um there's very like big big opportunities for people that actually
want to just generate yield on top of their assets, right?
Because options are basically a way of having an income source, right?
You can, a lot of people, like a lot of institutions, what they do is they use their assets, sell
options, sell volatility on them.
And by selling volatility on their assets, they can generate a lot of revenue for whoever they're managing their funds for it, right?
So this will be an opportunity that will be on strike.
So for users that like simply you would have assets sitting in your wallet, instead you could just deposit that into strike.
And from those assets, you'll have boosted yields a lot better
than what you see right now on DeFi in general.
So that's short-term.
And I say long-term,
again, coming back to what Yai
and what we're building in a way
is I see one liquidity pool
being like a few liquidity pools
managed by different protocols,
but all participating in different products, right?
So you'll have a bunch of tools that are tied to one liquidity pool.
And that will generate a lot of opportunities for the liquidity providers
because now the liquidity providers are going to be gaining
from actual volumes from all kinds of different things. Right.
So instead of just volumes from swaps, you'll have volumes from all across the board, whatever is being done in DeFi.
So, um, yeah, really exciting future for that.
And also cross chain, of course, cross chain will be one of our thing as, as well for us, it's easy to, to, to go cross chain, uh, because we only need to mint the derivative.
It's easy to go cross chain because we only need to mint the derivative.
You can purchase an option on whatever chain and the derivative could be minted on any
So very cool.
Maybe a bit technical and not a matter of some technical jargon I threw at some users
here, but some users.
But I would say, look, it's very once very, once you're on strike, it should be very
easy. We try to simplify it for anybody to be able to understand it. Yeah, thanks, guys. Appreciate
the input there. And I was definitely picking up what you were putting down, Sai. So no worries
on that front. Switching gears a little bit, I do want to dive into something that I think is, you know, really important, at least from our side, which is, you know, what ended up, like, how did you first hear about Injective?
And why did you end up sort of making the decision to deploy your applications on Injective?
Yeah, you want me to go first?
Yeah, I'll go first.
So essentially, like, I always had heard about Injected, like, we've been in the space for
a long time, since I would say, like, we launched the DAP in 2020, right?
So we were already building the DAP prior to that.
And basically in 2020, we were first named Dopeax, just for a bit of lore here.
We were first Dopeax on one of, I believe, the first application on Arbitrum when
Arbitrum launched.
We grew into a huge community.
Anybody that was on Arbitrum in the early days probably heard of us.
We reached like one billion in market cap, but that was really the speculative
2021 moments, right, where everybody was like, everything's moving on chain
and options is going to be the next huge thing, right?
Tradfire options is huge.
On chain options has to be huge, right?
And everybody was like, for sure, they had that idea that was going to happen, 100% sure.
But with regulation, we didn't know what the actual regulations were, what was possible.
We still don't have stocks on chains and all that.
There was a lot of blockers.
And also efficiency.
Back in the day, I feel like at 2021, 2020,
like the space has completely changed, right?
It changed, right?
Like the intuitive and the intuitiveness just to move from one chain to the other
is like so much better.
Like the UI is like, it's completely different, right?
There was a lot of Ponzi as well back in the day.
But yeah, to get back to why we chose Injective,
like we always heard about Injective,
like I always heard about it on the Cosmos chain, right?
And about like them having like chads as builders
and really like you guys were known to be like technical
and all that, right?
So I never like really dug into it,
but recently you guys popped up into like technical and all that right so i always i never like really dug into it but recently uh you guys popped up and and to like build an evm right and since we're building on evm it i think my interest of like okay let me go research a bit uh on injective like uh maybe
it's something that we can go look at and uh have a partnership maybe we can launch there see uh
see how we can collaborate right um and as soon as i got in touch with the BD guys at Injective, I mean, I was sold on it, right?
Because the BD guys over there are amazing.
Everybody on Injective has been super great in terms of integration.
And just because of that, that makes it so much easier for an app, a DAB basically to deploy on a chain
when there's actual support, right?
Because if there's no support, it's very difficult, even like technical-wise, right?
Like to get the technical, basically the requirements, technical requirements,
and also like the introduction to the community over there, right?
Things like that, right?
So once you get all those things checked out,
I feel like it's an easy sell for a DAO to go
on a specific chain.
Right, I'll hop in here for a bit.
So if we put our user central like we always do,
I think the main reason why Injective appealed to us is the access
to tokenized stocks in rws like that is something you guys really have a huge focus in and if we can
bring that to yay and then to clovis that that is something that our users are going to be extremely
excited about but like a couple of weeks ago you launched your NVIDIA GPU derivative market.
And that is, to have that
on-chain, especially
if it works as well
as it does, that
is not something that most chains
have, and not something that, or like, very
few chains execute that
in a good way. So to
be able to bring that to Ye and to Clovis
is an opportunity
we couldn't pass up.
I wanted to say that,
but I didn't know
if it was public, so I was like,
maybe I'll keep it to myself.
But yeah, RWAs is going to be freaking
huge. That's definitely
the biggest growth potential
for anybody
in the space, right? So yeah, we're really excited for that.
Gosh, you guys show injected better than I do.
So I appreciate the comments there, you guys, and glad we were able to,
you know, get you on board and have kind of smooth sailing so far.
So really appreciate the kind words.
Moving to sort of another area,
which is, you know, our ecosystem is, you know, really important to us, our community of ninjas,
right? They are super sort of tight knit, close community. You know, they have sort of,
a lot of them have been with us for many years. Right.
you know, what's out there, right? And then moving to the next one, you know, I think that's something
We've actually found that, you know, the stickiness of sort of our community has been, you know, very sticky with regards to people just like hanging around, you know, not jumping from sort of ecosystem to ecosystem and just farming, you know, what's out there. Right.
And then moving to the next one.
that definitely differentiates sort of the ninjas over some of these other ecosystems, which, you
know, might provide, you know, grants or, you know, other technical support or other types of support,
you know, but I think the main ingredient too is the community, right? Like having users day one excited about your protocol is really key here, especially for bootstrapping a new ecosystem and a new community on a new chain.
So, again, just appreciate you guys being here in the audience as you guys sort of hold us together and whatnot.
I do want to open it up for community questions.
And so if you have a question for one of the panelists here,
go ahead and request to speak.
But in the meantime,
I just have sort of a final question from my side,
which is, what has your experience been
sort of building on Injective?
And what are maybe some of the areas that you think are, and it can be, you know, technical.
It can be on maybe the marketing side of things.
But, like, what gets you most excited about sort of working with sort of the Injective Labs team?
What gets you excited about sort of the Ninja community?
Yeah, maybe I'll, let's start there.
So what I like about Injective and your approach to things
is the down-to-earthness.
It's not really a word, but I'm going to use it anyway, right?
So if you deal with a lot of chains like we do there are many
different ways to do business right some are more corporate than others some
more decent to others but what I've noticed about injective and about the
ninjas and in general the whole vibe of injective you guys are just really chill
right and I think that matters more than people think it does right because at the
end of the day beyond the utility like beyond the utility why we use up what we use applications for
and beyond yield right is what we can earn uh when we use a particular application it's also how we
feel when we do those things and i think this is grossly grossly underestimated
and what i've noticed is when uh in general doing business with injective but also when
engaging with injective and with the injective community uh it's just it's very chilled and i
think that's important especially the injective community right because you attract what you are
if you have if you provide value and you put out a chill vibe that's exactly the type of people
that you're going to attract you'll get the community consisting of people who provide value
and who are chilled and that is a very very nice change because there's plenty of you know
change with a very mercenary vibe or a very like stuck
up vibe and you know there's different ways to do business so it's it's it's in no way a criticism
right because those can be strengths as well and i think that the crypto space there's a place for
all of this right there's in crypto, there's so much going on
and there's so much for everyone
that we can be inclusive of these different vibes.
But what makes Injective stand out to me
is the chillness of its community.
Yeah, I think I touched on this just a little bit prior,
but yeah, like you said, yeah, exactly what you said.
I mean, there's communities that just feel fake and there's communities that do feel real.
And there's also, it's not only the communities, but also the projects, just like the people around the projects.
You have, like, I don't know why but i get like just a vibe
sometimes or like a feeling uh just just from talking to somebody uh knowing like if uh he's
actually if they're actually doing something or if it's on like uh um paperware right uh no vaporware
sorry um yeah so it's pretty much that uh i mean it's uh mean, sometimes it's very hard to know if a pro call is actually legit, right?
I think it's really just a matter of instinct sometimes.
And I do get that good instinct with injective.
Or we wouldn't have made the move here, right?
Yeah, I think you guys brought up some great points.
And, you know, obviously I'm a little biased, you know, to those points, but appreciate the sort of shout outs on those types of things. Right. Because, you know, there are a hundred other blockchains you could have deployed on. Right. There are other communities. Right. That you might have been just sort of a small fish in a big pond.
right, that you might have been just sort of a small fish in a big pond.
And, you know, like Wiz was saying from Ye Finance, that it is somewhat merciful out there.
It is, you know, somewhat of a, you know, blue ocean with regards to, you know, you're
out there just kind of swimming alone, hoping, you know, to get some support.
And it can be a little bit sort of nerve-wracking,
sort of joining these new ecosystems and hoping for the best.
But yeah, I appreciate the comments there.
Moving to some community Q&A,
I see we have a number of people here on stage now.
I did see MXC's, the French community has joined us.
I saw them. Absolutely, yes. They requested first, the French community has joined us. I saw them.
Absolutely, yes.
They requested first.
So go ahead and speak first.
Hi, everyone.
Thank you for having us.
It's a pleasure to be here.
And my name is Yairou from MXC francophone.
We're in the francophone part of Europe and saying hi to all the ninjas everyone from EA Finance etc
we love the energy and we'd like to just say hey maybe we could join for a French AMA in the next
days that would be amazing if you have francophone members in the team awesome yeah I mean we can
certainly talk about it.
If you're not already connected with our team, just go ahead and DM us on X here, and we'll
get something on the books.
So thank you.
Thank you very much.
And then I think Q was the next two requests to speak.
So Q, if you're with us, go ahead and unmute
and go ahead and ask a question.
Hey, guys, hear me.
Q, are you with us?
Yeah, we can hear you. I don't know what's happening.
Q, you're kind of dropping in and out,
so we're not sure. Fix my network.
Yeah, Q, I think you're having some network issues.
We'll keep you up here on stage, but Heisenberg, if you want to ask your question, then Q, we'll come back to you.
Thanks for the opportunity. My first question goes to EA Finance. I want to know
if with all of these interesting things we're hearing, I want to know if we're going to
see how we have this money objective. I don't know. Yeah, I want to see if we're going to
see how we have this money objective.
So you mean specifically if we're going to port the NFT collection to Injective?
I'm going to assume that you...
Yeah, yeah, yeah.
Yeah, yeah.
So I'm going to assume that's what you're asking.
So I'm not going to say anything about this, but what is most important is that chains don't matter that much, right? Like at least to us, what we're trying to do
is to make chains irrelevant, right?
Sorry to say, as in like whatever chain you're on,
you'll be able to interact with us.
You're gonna see aliens everywhere.
And to, at least to me personally,
this is less relevant what chain it is on, right?
Of course, being on a chain can be a part of your identity,
but it's more important what value you bring to the table
and what vibe you have.
I know this is not the answer you are looking for
or hoping for, really sorry,
but yeah, the future is multi-chain, brother.
Okay, thank you.
Second question, you were speaking about
how people go across
chains spending time and money how do you plan on speeding that up like I don't
know how do you plan speeding that up on a chain that's really fast you know how do you plan to keep up with that speed?
right so what you'll be able to do when Clovis comes out is that you can
basically the moment you bridge on Clovis you can receive it on another chain.
So the problem with most bridges is that you have to finalize these transactions and it goes in a different speed.
And some chains are faster than others.
A lot of that has been abstracted away so a lot is already faster than it used to be, right?
But I don't know if you remember this,
but have you like a year ago,
if you used to, you know,
bridge from Ethereum mainnet to a layer two
or to anywhere else, right?
It's gonna be costly and it's gonna be time consuming.
Now imagine that whichever chain you want, right?
And you bridge, it will be settled immediately.
That is the power of Clovis.
There's no waiting.
It's not expensive.
You just submit the transaction, pay your gas, off you go, and the money hits your wallet.
I'll stay on with wait to ask his question as I prepare for the remaining projects. Thank you.
Cool. Thanks for the question, Heisenberg. Q, let's maybe try your question again.
Can you guys hear me?
Yeah, much better okay i think i wanted to ask like a similar question to i think what heisenberg asked
because i listened i was like trying to ask like what like what powers essentially what powers
like clovis because um the way you speak about it like to yay finance right the way you speak about it uh makes it literally as we speak i was literally on the platform and i was trying to just look
around to see um how i can actually even try to bridge like in real time you know um the clovis
you speak of does it exist right now if i'm not mistaken or did i miss something it's it's going live so it's going live in q4
what is live right now is our pre-deposit vaults so uh the cap has been reached right now so so
i'll tell a little bit about pre-deposit vaults because we're opening these up very soon
so clover's pre-deposit vaults allows uh early participants right like those who want to get some alpha, you're getting some right here.
It enables you to pre-deposit before we go live, and you can earn some Clovis points in the process.
Now, we have been hinting at our TGE for a while.
So for those who are not familiar, we've been talking about this for a while, and we haven't
been hinting at it. who are not familiar we've been talking about this for a while and we haven't been um like we
have been we have been hinting at it we have been we haven't been very specific but i can say it's
quite close right so um the pre-deposit bolts are live when the caps open up again you can deposit
usdc usdp0 wef uh wrap bitcoin or wrapped say right and you can choose a locker period or you P0, WEF, RAP Bitcoin, or RAPT, say, right?
And you can choose a locker period
or you can keep it instantly withdrawable.
If you have EA against NFT, you get a nice boost.
If you have a used EA in the past, you'll get a nice boost
and you'll earn Clovis points, right?
And after a while, when this Clovis season ends, right,
and our TGE happens, well, it's going to be quite exciting.
And honestly, that is only the beginning
because what we're building is such a long-term plan.
It's really something innovative,
it's something that will change over time, right?
So I think that the vision that I outlined is very clear,
but I think everyone on this basis understands that
as crypto evolves, that Clovis has to evolve,
and not in a major way, but has to evolve in such a way
that it connects to all the new things
that are going on in crypto, right?
Because if something comes up with something new,
like we just want to be able to engage with that.
So this is not one of these projects that just disappears once the token launches.
Because they're like, why would we?
Because what we're building is incredibly long-term, right?
And it's really future-oriented.
is really future oriented.
So again, we want to give our community and early participants
an opportunity to be a part of this with the pre-deposit vaults.
So we have, I can also tell you that next week,
we have some more materials out.
We already published a blog in Clovis,
but have more technical material out as well.
We're going to do a lot of AMAs.
We're going to explain in that.
So I don't know if there's devs on this stream, right?
But we're going to spend a lot of time just publishing about Globus,
what we have built.
And then we're going to go live in Q4.
I think we're all going to be amazed,
that you're all going to be amazed.
And I'm very excited about this, to be honest.
Because we've been working towards this for a long time.
Okay, so what you're saying is, in a sense, in the long run,
when Injective sort of kicks off to a certain degree
on the EVM side of things, Injective might be integrated
to Clovis, kind of.
Yes, yes, we can easily integrated to Clovis, kind of. Yes.
We can easily deploy in Clovis, 100%.
Because we already launched on
Injective as a Yspoke, right?
So you can see this as a test run.
So you can engage with
the Yspoke and test nets right now, which I
definitely encourage you to do.
Yes, absolutely. I'm on it
right now, actually. Okay.
Thank you for that particular one.
I do want to see, I don't know if Kier is here to answer,
because to be honest with you, I've not really done so much with Orbiter,
but what's something for somebody who creates stuff the way I do?
do what's like the short um
What's the shortest?
um i think my connections lost a little bit yeah do you mind repeating that i i think it cut out
your question just at the end there.
I think you're having network issues again, Q. Shoot, sorry.
Sorry about that.
I see Heisenberg raised his hand.
Maybe we'll go to Heisenberg and then we'll come back
to you, Q.
Okay, thank you. This question goes to Orbiter. Maybe we'll go to Heisenberg and then we'll come back to you, Q.
Okay, thank you.
This question goes to Orbiter. You know, a lot of bridges nowadays keep hold of its users, you know,
because once you mess up, you your users you lose your tbl and
you lose your reputation honor the safe recipe orbiter is cooking that's safer than all of the
other bridges you know i want to know what to trust at this point
um i think i lost a little bit connection there,
but I think, correct me if I'm wrong.
So what you're asking is how you can trust Arbiter Finance
in terms of handling your cost-trend request, right?
So essentially, as I mentioned before,
you don't trust, well, you don't trust Orbiter's finance.
Actually, you don't trust anybody in the crypto space.
Every time when you evolve with trust assumption, it always ends not really great, essentially. So if you understand what I've just said about the CK proof technology
that we have embedded in the CK bridge protocol,
you don't need to trust.
need to trust the Orbiter Finance
will handle your
cross-chain
transaction request.
You only trust
software that generates ZK proof
that automatically
fulfill your cross-chain transaction
It's not hacked. And then the ZK
proof generation software is one of the most secure way to do it, to generate this idea
of if you want to cross-chain your asset from source chain to destination chain
it's um i think when the zk proof um this technology was sort of um
innovated 30 40 years ago um and then and then from from from then to now then there's no hacking issues on the ticketproof
generation software um if that has been packed then not just you know operative finance there's
a lot of things that can go wrong uh more severe things including the starkgnet, also beyond the blockchain space.
It's a lot of, as I know, a lot of security, sort of hardware,
and also software as well, in the military of America,
was using Ziki technology.
So, yeah, I hope that answers your question.
Is that there are very few things that you need to trust
when you cross-chain with object finance.
Fewer than, for example, Stargate,
we use a decentralized liquidity bridge.
So essentially, you will need to trust
there's no backdoor,
there's no vulnerabilitydoor, there's no
vulnerability of the smart contract. Well, well, then essentially you are trusting the audit firm
as well as like the people who run the smart contract and deploy it. So as I mentioned before,
there's no smart contract really involved within the Orbiter Finance Quotient Bridge.
So there's two transfers, essentially, as a quotient transaction.
So, yeah, I think that should be answering questions.
Good deal. Thank you, Kier, for taking that one.
And, yeah, I think you covered it well.
We are at the top of the hour, you guys, and I want the opportunity to have you guys essentially
say the last word. So in like 30 seconds or less, what's maybe one takeaway you guys want
sort of the audience to take away from each of you and yeah each of you can take this one
sorry what was that
in like 30 seconds or less like what's one takeaway you want the audience to take away
from this conversation sure sure from each of you guys uh super simple go try out our yay spoke on
the ejective evm test testnet. Go do it.
Do it now.
Get ready for Clovis.
Next week, the deposit cap is going to be increased,
so you'll be able to deposit into Clovis if you so desire.
Also, check out the apps of our fellow friends here.
Go for it.
Yeah, there's enough for everyone in the space. So enjoy yourselves and join our Discord
and our Yalians Telegram group.
Come hang out.
Yeah, I mean, for us,
if there's one take from this whole space for Strike,
I would say, look, if you have an asset
and you want to have it be yield-bearing, right,
and you want to generate yield on your bearing right then you want you want to
generate yield on your asset uh strike will be able to do that basically for any any uh asset
that has a liquidity pool on injective right so right now we're deployed also on other chains but
I imagine people on this uh on this space will be uh basically looking to deploy on injective
so on injective we'll have eat being be generating maybe like uh
up to 100 aprs i'm not sure the aprs exactly but with options you can have very high aprs depending
on the exposure you want right so if you want to generate yields on major assets or even like
any asset that has a liquidity pool on come on strike try it out deposit your your your capital
and you'll basically be able to earn high aprs right um it's it's uh it'll be a very nice
experience so i suggest just everybody just to try it out but keep us in mind when mainnet comes
live because uh we'll definitely be uh uh fighting to basically get as much as attention as possible
yeah for uh if you have any if you have any cross-chain transaction request then come to
orbiter finance we provide the most secure fastest and cheapest way to cross-chain asset to any chance
way to cross-trained asset to any chance um stay safe and enjoy crypto yeah
great well that wraps it up guys for uh this episode on on meet the daps uh really appreciate
you know wiz kier sai you guys are awesome really appreciate you being here and of course to the
ninja community thank you you for tuning in today
and you guys tune in, you know, so often for us.
And so, you know, we appreciate you.
You know, go to our MultiVM page,
you know, try out the applications here on the space
as well as, you know, all the others that have deployed.
And then, you know, for the speakers here,
you know, let's have another conversation
once we're all on mainnet.
How does that sound?
That sounds good.
Looking forward to it.
Let's go for it.
Let's do it.
Awesome, you guys.
Well, that wraps it up.
Really appreciate everyone being here.
And we will catch you on the next episode.
Take care, everybody.
Have a great weekend.
Thanks, guys.