Was uh, I was trying to hop on for my desktop use my
Fancy mic and stuff, but I was uh wasn't working for me sadly
Yeah, I've been very hesitant to try that even though I know it's like an option now just because I know how
Delicate spaces could be. Yeah, were you guys able to hear me?
No, that did not that sucks. I mean I have such a nice setup like it's it's annoying that I you know Twitter spaces is kind of
Candy capping me from using it. But oh, well, I'm sure it will
As always a pleasure to be another thing with you
It's like always a good opportunity to share with the community what's happening with Metapool
always near at night is like
It's like you're talking with other mates that are also sharing the same feeling that you have inside of near
So it's very comfortable to be with you. Well, I hope we can we can share more about the last news that we have on our side
Awesome. Yeah, and I think you know, I I love hanging out with everyone at near at night
I think it is a it's reflective of the near community of being, you know, really chill and welcoming group of people but
Over to the Metapool account Alan is someone else is going to be speaking with you today or is it just gonna be you?
I think that in case in case somebody else young we can add him
Or she took to the cover that the moment it will be me. Perfect. Awesome. Well
It's been a few months since we last
touched base at near at night probably I don't know maybe three or four months ago now if I could put a guesstimate to
Everyone has been quite busy and I know
Metapool has also been quite busy. So
For myself for everyone that maybe hasn't checked in or you know
Talk directly with you guys since that, you know, four or five month period what what all it has Metapool been up to you
What are some of the big things you guys have been focusing on and kind of excited about coming into the new year?
Well, I think that if that I really don't remember if it was
September or October the last time the last time that we were on near at night
But you know three months inside of the wet tree ecosystem. It's like a whole life
So there has been happening like several things
I think that the second the second half of the 2020 2023 was
a mark by the development of the governance of Metapool this implies that
Working to make possible to run a multi-chain governor that was accordingly to
In the new reality of liquid sticking that is Metapool living right now, so
In simple facts what we did during this period well, we started on you in the
So this basically implies that all the fees that we are covering for the
near protocol liquid sticking services are returned to the community through through ranch and provided by the
boat of the community, so
We had the opportunity during
13 projects these 13 projects
$10,000 more than $10,000 and this implies that
Well, we had the opportunities for projects from every region of the world from Asia Europe
North America's Latin America
So all of them receive it some kind of France from our that fees generated that in fact if you are
Doing liquid staking in Metapool
In near protocol you are supporting to give grants to the community
So that was like something important that happened and well, we had like this opportunity
During the 2023 and we still have this MP out runs program that is coming in his in its
See its edition this coming February more than that. Well, the the runs problem is like a
Just one single part of a of what implies the governance inside of Metapool
we also launched our metapool improvement proposal tool that it's
A governance tool that allows the community to choose a how
Metapool should be shaped in the in the future
So a this one of the most important metapool improvement proposals was the number three that
Reset on the governance token that we have if you remember we had originally the meta token
That was the governance token that was launched since 2021
There there was like issues generated around you know, Facebook having its company called meta and
Behind of that there were a lot of scams and shit coins
being launched with the name of meta and also you had the problems of
Centralized on the centralized exchange facing that meta was a thicker for the Facebook company and also meta was the thicker for
Our governance token. So that was like something that
of the launchment of metapool in 2021 and in this
Reset of the governance tokens. We indicated that
Well more more than indicating we built in the boat of the community
Turning the governance token into a new token that is called mp. That would token that will be launched on May of
That the community will be able to have a new governance token that knows words with the integration of a blockchain operating system
And with support of also Ethereum and legacy to being running on a multi chain scheme
Provide a governance that is accordingly to the new relative metapool
So I think that's like a resume of what happened during the last seven months, but I can go in detail with some topics on that
Yeah. Yeah, I was just gonna say let's yeah, let's spend some time on a few of these pretty incredible achievements
major props for not only launching the infrastructure to you know
Enable the yield that's being generated from the liquid stake near to provide grants, but then also of course
providing those grants to the near ecosystem in the
governance driven manner that you guys have that's that's really exciting and
There's a few things I want to sort of talk about there
in terms of the governance process the the development of
The metaphor of government this is this is a kind of a
The reason there's this question applies to us through jump defy through neko because in 2024
We are planning to build out our own governance structure. So I'm curious how much of this was like
proprietary first-time development versus maybe some open source
Structure that exists from Astro Dao or some of the other Dao architectures that might be available on here
I'm just curious about how you guys are you know
What you guys did there and maybe how much you had to do in-house versus some of the existing tech that exists
Yeah, this will turn like in
A product development talk. Okay, I think but it's also good to share
Well, when we started on 2021 we had the idea that
Astro Dao could take place and offer us to always like
And in fact the smart contracts that have Astro Dao the oracle II works for that
Details around that like minor details on how this can be done
On the side of the smart contracts, but in the design of the Astro Dao was there
think that the team in charge of Astro Dao was like more focused on other tools that were also like
pretty useful for the ecosystem and
In my side, I think that Astro Dao is one of the most powerful tools that we have on the near ecosystem
Token-based governance was like not
Covered by by the team. I mean Astro Dao have a
There was a need to be developed
And and that wasn't like that wasn't developed by by that time that we needed at the beginning of 2022
Something similar to that. So what we decided is we started
creating our own governance tools, this was like
To zero to product. Well all what we developed we started at the end of 2022 by launching
Sorry guys, we launched the delegation based on both
From metapool. So this implies two tools that were available
for the people the first one was a
Yes mark contract that allow it to lock your governance tokens to get votes
If you don't have in mind how the governance of metapool works
For every every governance token you can get from one to five votes
This depends on the amount of time that you choose
That will be locked your token or that most properly that unlock period that you choose for your your tokens
So you get one boat for 30 days. You get five votes for 300 days with these votes you
At the end of 2022 you were able to go and vote for validators
And these validators receive an extra delegation that was
15% of the TVL that we had
At that time was the only thing that we had available
So that was launched on metapool and was another tool created for distributing the value through the awareness
The runs program the runs program was also using the
Boats that you already have on the Dow and with these votes you were able to choose with which grant are you
Willing to support but this also was our design
Boats as mark contract that we already developed the third one was metapool improvement proposals
Now develop on boss. So the full interface of
Metapool improvement proposals is using boss is using social
Is using the depth in depth source of boss and also we are taking advantage of the smart contract
contract of votes that we have for metapool, but
This was all our design. So a and I think that
At some point and is and is nice to know that you will be working on this
We need to start talking about governance tooling. Why because it's like I know NBC is
Currently develop some tools. Some others are currently being developed
Metapool currently develop other tools. Maybe you are willing to develop other tools
but at the end of the day, we need to have like
common source of knowledge of which has the best which are the best practices to developing governance tools
So we avoid or we can make more I I for other people that is looking to make a governance inside of metapool to
Take the long time that we have we have had on on metapool to launch a date date out. We have at least
Two years more properly like year and a half developing all these tools
But it will be nice to share all these knowledge. Some people can make this on less time
Yeah, it sounds like and I have a
Base of I probably a pretty good idea of a lot of the medical governance infrastructures based on our conversations
But you know, I think there's a lot of merit to
Having more of like in a public goods funded
Architecture for governance that project can sort of adopt like I think that would be super valuable and you know
It's good to hear, you know, maybe we're working towards that and maybe even jump and you go and medical will be able to kind of contribute to that
Definitely not a technical problem. It's a
Social challenge is getting people to vote right being getting the token holders to participate in the governance process and I'm curious
With with metapool how you guys are achieving this especially when there's now grants and
Intangible value being processed through the through the Dow. What's what is some of the main?
drivers that you guys have built in to really incentivize or just kind of
Notify and activate people to vote on proposals
participation of people in any kind of democracy is a challenge. I
Always hear on this kind of talks that people doesn't even care to be voting for their own presidents. So
What what you can expect from people participating on web 3 governance
So it's a challenge. I think it's part of our challenge as
Society I can say like that
But I think that there are ways on which we can solve that
So for example in the case of metapool and I always put like a sample
You can go directly to a snapshot
You know this governance tool that it sees for many EVMs and inside of these snapshots
You can see that for more most of the important projects they have like
for anything and you will have like the boat of
the important people that is that that is
Ranting the 90% of the boats are just like five or ten
So it's like a pretty small amount of people that one
What they want with this voting?
Or or you can see it as this this a small amount of people have the interest to participate in the voting and
Think that that doesn't should be how a governance of web 3 should work
We on metapool. We have a still a governance based
boating well, sorry a token based boating that where you get votes as we already mentioned, but
in our case we have for during every month for
All these words that I tell you for runs for validator for MPs. We have more than
400 wallets participating in the governance. So and also there is a
Apply it to this that is we have the the the boat to earn
Rewards, so this basically implies that as mentioned we take all the fees of near protocol
Goes to the grants program and the other 50% the other half of the fees that are generated
Are distributed to these 400 wallets that are actively participating on our governance
So this implies that if you are being an active member of the Dow you are getting rewards if you are on the staker
This is like the full cycle. You are on the staker. You have to produce a reward a feast
This feast moves into the governance and now you have the chance to get votes and getting your votes
Now you can decide who will take the money for these brands and also you will receive a reward for
Participating actively into the governance. So
If you participate in Metapool, you get more stake you get the your epi why by your staking
you also are pushing the ecosystem through runs and also by participating on the governance and if the governance row by the
runs that you are supporting so you are getting a
Stake that wheels that will work for we're giving more
grants into the ecosystem, so it's like
Amidst of it's a full cycle of how can we shape this into a real functional Dow for everyone?
Yeah, I love that and I think how you guys have really
Understood the the challenges just built into getting people to do things that benefit
the the good of the protocol is a challenge and meeting that challenge with
incentivizing people to do the thing that's I I really think that's a you know, very
Intelligent choice and I think it obviously the results are showing that that it's working and that's super cool to see
in terms of some of the grant proposals that went through maybe
What are some of the the top ones that you're most excited about or just kind of want to highlight a few of the grants that
Have been able to be rewarded to teams across the world
Yeah, I think that we have like
Well important name since I don't of the ecosystem for example, we support a
The team of ready later one. I think they are like
Like well, I recognize that there are an important contributor inside of the near ecosystem
so I feel like very excited that they
Well, they they decide to participate inside of our grants program. I mean, I know of the
Hard work that has been made by a yo and yet and yet it for a
Shieving all all of what a shadow is now and how to make you see the onboarding that they that we have for near
So that's like one important name inside of the new ecosystem. We also rented
Educational contents for the region of the Caribbean but also for supporting
The pools that they have for my for the Marma yet tokens
That for those of you that didn't know they use also these pools to teach about the fire inside of this
Caribbean region so that those are like
Names that you can find inside of me, but also a more in the side of
Of the metapool ecosystem we can mention for example much one
That is one one of our ambassadors. Maybe you can raise your hand much
Just to let people know who you are is one of the ring ones that we have on on the on the on the audience
representative of metapool inside of the of a clip event in Indonesia and to making contacts a for
Explaining the world about metapool. We also have had like a cup
For people in Vietnam that was also made by one by one of our other ambassador that is pushing to create the
community of metapool Vietnam and
This is even like a the second time that a the region of Vietnam has been granted so that people can get
into the process inside of this region of Asia and
we also have another one that was from one of our ambassador that belongs to the region of Colombia also creating educational workshops and teaching about a
Metapool for Colombia and allowing to be in touch with
Nonprofits organization that were found in Colombia for teaching around blockchain. So a
Wide variety of the kind of proposals that we have granted during this
Also something that we were telling on the spaces a couple of hours before of this is a be creative
We have like things that we already know how it works, but
Web 3 is full of experiments and things that can work
Maybe you can bring education along with the fight along with
or a development of tools that are required inside of the ecosystem and that can works for
For keep drawing the also the liquid staking solution that we have on metapool. So
This is like for people that is interested to participate. I always recommend that you can visit our
Past runs round you can go directly on our side and review
Each and every one of the proposal that we have but also you can you can propose
Something that is totally different to this but that makes sense in order that this can increase the ecosystem of liquid
well, also that the sense like something like
Very crazy or very out of the budget that we can also can afford and make possible to be granted
Love it. Yeah, that makes me really happy to hear you know, some of the
value creators in the ecosystem be bring rewarded and also the kind of the focus on
Just worldwide ambassadors and and onboarding in those different geographic areas
I think that that's huge and very very much needed. So major props there I guess
liquid staking and maybe how at least anecdotally I've seen
It unfold in let's say the Solana ecosystem. I've been a bit I've seen some things that are a bit surprising
So I guess going back just kind of referencing a theorem there are
probably really key liquid staking protocols on a theorem and
They hold like a lot of like a majority of the liquid staking total value locked and that's that's five
Let's say five or six protocols across all of a theorem. It's a big
Blockchain with lots of users
Value right lot huge market cap, but then we look at Solana and it's a fraction of the size in terms of total value
It seems like almost all of the prominent defy protocols on Solana
Are implementing their own liquid staking token and at first it was like back in 2021
It was like marinade. There was just a few and I thought that that was sort of going to be the trend similar to a theorem but
Look at 2023 and to now there's you know, let's say five new
DeFi platforms that are gearing up to launch a token and each of those have their own liquid staking offering and so I'm curious
About your thoughts there. Do you think that we are going to see a trend where?
Many platforms offer their own liquid staking solutions, or do you think that it will be more of a you know
winner takes all scenario or the winners take most I'm curious about
Kind of your thought process there and especially how it applies to near
I think that I lost you a bit in the last comment. Hey, can you repeat it?
Yeah, just basically there's a
Many defy platforms will provide their own liquid staking solution similar to the Solana ecosystem
Or do you think that that doesn't really make sense?
Okay, I can't hear you I don't know if you're being honest. Yeah. Yeah. Yeah. Yeah. Yeah. I'm just thinking thinking of it
Being honest, I'm not sure
And I'm I'm I'm not sure if I'm worried about
That I'm not sure if I'm worried about
That I'm not sure if I'm worried about
I'm not sure if I'm worried about that because
Liquid staking have competence all over the place. I mean you have big players like
Obviously Lido is the biggest one we have other ones that have
Tried to came inside of the new ecosystem and also try to jump inside of other ecosystems
But I think the proposal of value doesn't goes only on
On creating liquid staking liquid staking is like
Something that is know how to do it since a couple of years ago
So basically you can hire a couple of engineers and start
Computing them to develop your own liquid staking solution. So
If that's it, I think that there is there is like no real
Barriers of entry behind of that
There is there is no value of entry for creating a liquid staking. But what makes the difference? I think that
Is something properly that we have been working?
Of making a liquid staking and if I
Part of your economy and for example in in Metapool, we have this since its foundation
Well me personally Mexican
The other one of the co-founders that is a
Claudio Cosio is also Mexican
this the other co-founder the
Of these two co-founders that are on Metapool is Argentinian
So and most of the team is based on Latin America
I think we understand very well how it is that you have your money on the bank and
In the other day, you don't have it
Some bad mistakes of the political self. This is something that is like a very
Awesome. We have been like
Trying to focus on the emerging market. So we can have this emerging markets on
Creating a solution and that's why I think we has been
Having ambassadors on all of these regions right now for example, we have a
Round created with give it
That is separated from the MP. Our runs. We also created around with the event that is looking to grant a
The countries for on the eight pack eight pack region looking for these emerging economies that are requiring
DeFi for for for the day by day
life, so I think that's one part and the other part is a
This is that we were talking about is the governance is
Who are you serving by making your liquid staking in Metapool?
The one that you're serving for making liquid staking is the community
So working very closely with the community and this has been our focus since close to
Make us like really strong
Or well, I can I can mention that we we feel strong on the way of
Reaching the communities that are active inside of web 3 and also outside of web 3. So having this
Looking for emerging markets
It's creating a proposal of value that
It doesn't matter if another liquid staking a come. I will be worried if this
Having competence on who is going to reach the American market force
supporting the local economies of the equations and I think that it's
Essential them that that that is not a problem. I think that will be more like helpful to have to be
services working for American markets
Got it. Yeah, so that's I think that response is
Pretty pretty interesting, right? It basically
You're saying that it's not the technology
That's the moat the moat is
The things that you build on top of the liquid staking the governance solutions the alliance with the communities and the
Users and also I imagine a big component is probably the trust factor right the reputation that that
underlying liquid staking provider has within the ecosystem
So that's I think that's that's a for me that that is a pretty important topic or
Kind of statement and and I think you're you're a hundred percent right there
So yeah, thanks for thanks for responding that I know it was kind of an off the little question, but pretty pretty great answer
Meta pool and its goals into 2024
So you have done a lot of the very hard
In building out a robust governance system
You've done the work to activate the community get them involved with this process. You're actively
distributing grant funding using this and
Also, I think that Metapool is looking at how it can expand to
other liquid staking chains like like a theorem and and other places where proof of stake exists and
There's something maybe that we can touch on a bit if you're comfortable in regards to like restaking in a little bit because that's a
something that I think would be kind of cool to talk about but before we do just in terms of strategy for
offering more liquid staking
Coins for theorem for you know, whatever proof of stake chain you decide. What's the thought? What's the
What's the strategy in terms of where to go where to serve first? Is it, you know purely?
user and total value off base or are there other are there some other factors that might come into play when deciding where to
You know provide liquid staking solutions next
Just want to know if I get it correctly
So what which are the like the factors on how we decide where to create liquid staking solution is that the questions
Yeah, and it's my understanding a theorem has sort of been you know, the next path forward for Metapool for
Taking on block chains, but I'm just curious kind of what is what are the factors that?
Say a theorem next or and then here after that
Well, it's important to mention that
Corbin liquid staking solution that we have is
Why because on 2021 it it it'll it look that way and it still looks like
good technology high risk a label
With good opportunity to create cool things inside of the web ecosystem and was like a
New car that you want to test it again
Like a new tool that you want to use it feels and and that was like why we started on on near
liquid staking like was like something
Into this new L ones that were recently launched about
At the end of 2020 of 2020 and that's why we choose it new later. We launch it
Aurora why because basically this was like the your neighbor
Your net net door neighbor of who you will show support when creative liquid staking and we launched there
Think this was like pretty obvious. This was like the major amount of
Liquidity everything was happening on the theorem and things were like moving there. So independently that
Very fancy technology and very a strong technology that can be used for develop web tree
Theorem so I think that's what's also the law
Creating rainbow bridge as one of the first products
Of the theorem events across the world are running
Anymore by the theorem foundation these are like in the
Cities around the world and they are receiving support and they having partners and they are looking strong and they are having meetups
By themselves and that was something that we noted
Previously to launch on a theorem and that make more obvious to that to look into
A blockchain like a theorem so having these elements in mind now we can
Is a shame where we can see community we can see activity. I will not say volume of TVL
I will say activity and also a we can have like a good opportunities around
Partnerships support entering the ecosystem that that makes viable to enter
So maybe not all of three can can be like accomplished at the beginning, but this can be like the
Three three statements formula that we look to to create a new liquid sticking solution
I think this will be more clear in the coming months a
Soon we will have announcements of our expansion on
In the web3 ecosystem and the cool thing is that we are building all the governance using the
bus technology stack for allowing people to make decisions inside of the
Metapodal and using the government's tokens and to be active on on multiplication. So
Can say I'm excited about
Or leaving this to have the possibility to be participating on this kind of projects where where we are looking to create it like
the final steps for for well, I will not say final a
A state of how those will be working on the web3 for the coming years
Got it. Yeah, and I think one thing that to me sounds pretty
exciting for Metapodal being a near native platform is
Taking advantage of account aggregation as it becomes more
Developed right because basically what what I would be able to do is my dealer dot near
Account that I'm using every day. I
could also have that into an ethereum address or
You know whatever blockchain address that it's so long
You know any blockchain I could I could think of I could just use my near account and stake
To those different blockchains execute those transactions all via one account and make Metapodal, you know
While you're adding more liquid staking solutions across different blockchain that account aggregation element
Starts to make a lot of sense in terms of just how easy that user experience can be
so that's something that to me sounds pretty interesting, but
moreso in the ethereum and L2 space is
Restaking by eigenlayer and I
Talk about restaking as if it's this
Dynamic, you know something that could lead to like a
dangerous outcome for the
Security of a theorem. I don't I don't agree. I think that it actually makes a lot of sense and
Will probably be a very successful and powerful
addition to the ethereum ecosystem
Of course, we'll see what happens. But basically with eigenlayer. They're saying that hey a theorem validators
We have proof of stake you have these really fancy
graphics cards these beefy
Computers that you're using to be a valid to be an ethereum validator
But because you're not doing proof of work, you're not using all of the power inside of your computer
There's tons of compute available. That's just chilling there because unlike
Bitcoin where you're using all of every single inch of this specially designed
Saw hardware to mine bitcoins. You're you're milking every single
You know bit of liquid out of out of that nut. It's not like that for a theorem for a theorem you are
Staking you have all of these values across the world staking 32 Eve. So with that is
basically a lot of untapped potential and
That's what eigenlayer is saying. Hey this untapped potential for these beef stakers is
Really valuable and you can actually create a new settlement layer that
That extra that extra power that all of that extra power that these eat validators have so you have your eat staked
and then you go and you can stake on eigenlayer and
Basically, I think over time there will be lots of other solutions that are you know tapped into eigenlayer and
For this conversation. I'm an e staker. Well now I can also stake on Solana
Or not I could stake on Solana. I could stake on near I could stake on you know
Any you know all of these proof-of-stake blockchains basically at the same time with the compute power all of this extra potential
that I'm not spending on a theorem and that's sort of like my dumbed-down explanation of
But I'm curious as far as you know
Your concern being a prominent liquid staking platform. Are you guys looking at this restaking narrative?
But is this something that maybe Metapool is
Potentially curious of adopting now that you are offering a theorem solutions
Or is this something that you're gonna still wait and see how how it unfolds
Okay, well yeah, I just pinned here on the
On the top of the two spaces an announcement that we made in the past year
That is a collaboration with tenor tenet. Sorry. So this basically enables a
This enables the liquid staking token that we have on a theorem to reduce it inside of the basket of tenet
So you can a use this liquid staking token
For still being contributing inside of the security of a theorem
But also you have the possibility to use these tokens as collateral for requesting a loan of
unstable coin that is native of tenet L
Let's see if we did we lose out on there. I can't hear him
Can you hear me I'm sorry
Can hear Alan you might you might have lost them. I can't hear anyone now
Maybe I should jump off and jump back. Can you hear me?
But Twitter spaces is acting pretty whack, so we'll see you Alan. No, I can't
Is he talking hold on? No
Alan would you please say something?
Thank you, can you hear me? Yeah, I can hear you now
I don't know if I'm hearing your robotic or if it is me
Guys please confirm me that you can hear me. Yeah. Yep. You can hear you loud and clear
Basically was saying that we announced this a partnership with tenet where you were able to
Talking so you can keep making support to the security of the network and also
A point of tenet. So this allows people to keep
active on DeFi while they
Help to secure the network of Ethereum. But yeah, I think that
Something that I say very common is that at the end of the day liquid staking is
infrastructure that need to look for
Use cases to be built on top of it. So a
Restaking can be an option for the people to
To keep using liquid staking while they have another use cases
But but sure we will see during this 2020 for the development of more tools that can be used with your liquid staking token
Also, well, it's important the kind of partnership that we can do
In order to make people to have extra option for using the liquid staking tokens
Nice yeah, that's really cool to hear and you know, I think that
restaking will be what might be one of the
one of the key factors that
Drives, you know a renewed interest in a theorem
I think that this will be something that is quite
Does does yield some pretty incredible results for people?
I think right now a theorem people that are staking a theorem receive like 4% and
Well, you're earning your 4% from a theorem, but you're also earning
4% on every other blockchain that you're securing through restaking
that could just start to add up very quick and I
You know, I don't know what that you know what that does to the system like what's what are some of the
Outcomes from that but it's going to be interesting to see and also the the founder of eigen layer actually lives
Like in the same area as me. So I want to try to meet him sometimes because that's a smart method
Guess as we sort of get ready to wind down one thing that people might be interested in
Is how they can get involved with the let's say the medical grants program. What are some things that people can do if they're
You know interested in doing initiatives within their ecosystem. They're currently
Building have been active for a while. What are what are some of the steps for those people to apply for grants?
I'm just confirming that it is been
Yeah, it is it is it is been on the top of the spaces you can see there is a
One tweet that says and Peter run
Seats is just around the corner in that tweet. You will find
Beatly link where you will
We will be redirected to the phone that we have for people for applying it
You prepare Google Docs with your proposal
This is basically a prayer register where we receive your information of what you're interested to
propose to the board of the community
we give you a feedback around this proposal how this can be improved or
How it can how it can looks better
No more than that once that is a plot is you you will just have
To start the voting period that ends on the last day
Sorry on February 10 that ends on the last day of February once that you
If your project is approved
You will receive the money in the in the next
72 hours and you will have two months from there to
Execute your project and once that your project has been executed you are requested to present a
Report of what it were. What were the goals that you achieve and
Also, what you did with the money and we put that on our transparency
So that is like the overall of the process that you have to complete to participating on the branch
and once that you completed your
Different process this means that you
Executed your project and presented your report. You are able to participate again for another round or in case that you
You didn't receive a rant. You are able to participate for a rant in the coming button round
So it's pretty simple and we are always there to help you
Awesome sounds good. Yeah, that's a there's some really I love to see the
Opportunities for the near community. I think we're together really fostering a dynamic that can
Create a lot of value within near so super excited
And of course metapool is a major contributor to this one last thing from my end
How can it let's say defy platforms
what are some of the key synergies that you see in terms of defy and
Leveraging liquid staking liquid staking tokens. Are there any is there anything?
Maybe that isn't available now on near that you would like to see
Or perhaps things that are available on near that are using liquid staking
In some of the features of metapool and in exciting ways
I think that and that is something like it's a work in progress from our side is to see like more
Cross chains defy strategies like for example, we have
People we have a st knee. So I think that something that can be cool and I mean
It's something that metapool can do but also
People can take action on this is creating embracing st hour inside of
Of near protocol and making a pool that is st knee st hour and start making like these
Pools where you will find a liquid staking from different chains on the same
On the same chain that can be neater can be a rotor can be any other so as we are like moving on that
I think we we we have to be seeing more of this kind of
Pools where where you have more more tokens and I mean
Some liquidity, but I think it's also a good opportunity for
individuals or maybe even funds or vcs that can participate and have
See that these pools so they can provide like this it kind of
To to near protocol where you can make all these transactions
uh pretty cheap and without all the
Gas fees that you can find for example on on the theorem and it's even it's more
It's more cheap even than the layers too that you can find like
In in a theorem like arbitral more optimism. So I think that is something that we we should take advantage that we have like
Very attractive for the defy users so you can
You can avoid these these fees and still
Having access to the liquid staking tokens that exist on multiple chains using the breaches that are currently
available on on near so I think that there is also like
a small thing spending on on the breaches for making these possible, but
I think it's uh having the the
The ask from the community that will be solved pretty soon for allowing people to have in like all the defy
uh tooling working on on near so I think that is something that I will I will I will want to have on
Is in other ecosystems is more like taking advantage of what we have on it
For making the five more more useful for all the users
Well alan think uh, you know, I think we should get ready to
Call it a night here soon. I've got some uh stakes i'm ready to cook
But uh, yeah, I do want to hand it over back to you and just let you leave us with some closing thoughts if you have any
Highlights or just anything. Maybe we weren't able to touch on fully today
Well, I think that for some last statements
The first thing is thank you very much for anyone that joined during this near
I can see many of the ambassadors that we have on the meta pool team here with us also many important projects around
Different regions inside of the near ecosystem being active
Much for spending your time on here in
Here in our last updates inside of meta pool. Remember we have a still
We have an open call for all the projects that are interested to receive a grant from the meta pool now
We have a deform open until february 5th 5th
So you still have a couple of days
10 or 12 days on where you can design your
Your your application and send it to us and well the voting period starts on february
10th, and we will see who will receive this coming grants
You weren't in at the space on that time. We have a bag
It is increasing because we are adding all the
Protocol fees that are being generated right now
So take advantage of that and use it for keep building the the near ecosystem and the liquid sticking ecosystem
Love it. Well again, congrats on all of the progress and a huge
Precreation for the focus on you know building
something that can really give back to
Your users and the near community. Uh, it's really exciting and
I think that it's going to
Definitely set meta pool apart, um from a lot of the other liquid staking solutions that you know
Will come and already exist. So super excited there guys. Thanks again alan for joining us and
We'll go ahead and call it a night
Having a near at night, uh community spaces, you know
amas just uh, you know, I think a lot of the tail wells from the
Near eco will be joining us or at least as many as are able to same time as
Um, and yeah, I think it'll be pretty cool
We can talk about things that are going on and maybe get a little philosophical. We'll see but uh, yeah