GMO, this is Dr. Doshcoin behind the OBDLE command account. We'll be chatting with Neptune Finance for the next hour. So just be with the moment as we, let these guys come on and click the specs started.
In the meantime, if you aren't already delegated to OC, you can do that via the OC website, orprocommand.io. You can also check us out on the oral command discord, we have plenty of great resources in there too.
If you're not already there, definitely recommend going and checking that out. As per usual, all spaces are recorded by Terraspaces.org. You can check out the call AfterFact on Terraspaces.org or on Spotify. That makes it an underground Neptune.
Okay, and looking for Keegan. I think it's just a rock there, too.
Okay, Kagan, I've sent you through an invitation to speak. You should be able to talk now. Great, hopefully my gears working. Can you hear me all right?
I'm doing very well. I actually hadn't heard your voice until last night. I was listening to the to the space you did with Spiker X in November and I was like, oh, we've got another
part of the Neptune. I didn't realize that was the case. So you're up early as well. No, I'm not actually, I am Aussie, but I'm in Canada right now. I've been here for a few years. So it's midday. I'm cruising.
That's great. Well, okay, I'm glad that you're up and out of six a.m. here, but at least one of us is buzzing. Mate, I'm going to, basically, a quick intro for everyone that is on the call. If they haven't heard of Neptune, the finance, Neptune is a self-described money market investment vaults, developing integrations, sort of three core offerings.
where it started and then move into the changes that have been taken place. Obviously, we're integrating into a money market to be coming to the money market itself. Yeah, happy to get into that. We actually have quite a rich history in our development timeline. A lot of what we do, we keep
hidden because we like to develop in secret. So there's only so much that the public has witnessed as we post updates. But to start with our history we've been developing for quite some time. We started in Terra in Terra Classic, Priyanka is where we kind of saw this opportunity
in the DFO space that we wanted to build something. And what we realized would be advantageous for users and for ourselves something we wanted was a leveraged investment system. And we'd seen this leverage investment tools around DFI before, but they had these problems where
It's very easy to get liquidated in DeFi. You always have to manually manage your accounts. It's a 24/7 system. So Neptune Finance V1 was a leverage investment system, which was highly automated. So users could come to our platform, a poster collateral, we take out leverage against it, and then we
invested into a strategy. And then, you know, if that strategy is like an LP token and that fluctuates in price, we rebalance the leverage against it. So you never get liquidated and inherently devolts to do this function of DCAing in and out of the investment and then compounding your profits back to the original collapse.
It was a very impressive system. We were extremely happy with what we achieved and it was all ready. We were audited. We were all good to go. We were testing on mainnet on Terra Classic and that was around the time that Terra went through its collapse. So it was his good and bad scenario that
We didn't have any users on our platform. It was just some private beta testers. So we didn't have to do much damage control, which unfortunately a lot of other protocols did, but it gave us an opportunity. So with that to our classic and without money markets available, we were kind of
We're looking around calls knows for another money market to attach our leverage vaults on top of and we weren't finding anything good and that was the point in which when we decided that if we can't find the money market we were going to build it and we're going to build it better in
Developing our leverage vault systems for the one we Came across a lot of challenges and integrating into someone else's systems We also saw a lot of problems in depending on a third-party market So we really built this money market from the ground up to be suitable for leverage investment, but
We made it even better for the users and for the developers and the business that want to integrate it. So it's pretty feature rich and it's got a lot of cool unique things to it. So we're now calling this kind of the Neptune money market, which is a bit of our V2. And in the timeline of things, we're getting