Optimizing Metis LST artMETIS with Artemis & Aqualis

Recorded: March 28, 2025 Duration: 1:08:48
Space Recording

Short Summary

In a recent discussion, Aqualis and Artemis highlighted their strategic partnership aimed at enhancing the utility of the Art Metis token, a liquid staking solution on the Metis network. Aqualis is set to launch a new DeFi protocol that combines trading and lending, allowing users to earn yield from both activities, while also exploring innovative liquidity solutions to maximize user returns.

Full Transcription

Thank you. Thank you. Thank you. All right, GM folks, let's get started.
Good to see everyone here.
These spaces are recorded, so those who filter in late, they can go back after and review
the beginning.
And other folks who don't make it live, always um are able to view it or not view it
but listen after the fact so um we'll get started as more folks trickle in we will we we're gonna
try to leave some time a couple minutes uh if we have time at the end uh to open up the stage for
anyone to come up and ask any questions but i'll do some quick housekeeping and then we'll get right into
it. So you see at the top, there is some slides. If you slide through those slides, you can
get to the Aqualis page and also the Artemis page. I'm just about to post a slide from
the Artemis account up there. And if you just click click on it you can read the tweet and also gain access to
the to their account if you haven't if you're not familiar with it already if you don't follow them
already give them a follow secondly on the bottom right it sometimes I see it and sometimes I don't
I think it might be depend on what device you're. I'm not sure, but there should be a chat bubble on the bottom right. That'll take you to the comment section for the space.
to get to as many as I can or you can come on stage if we have time later and you can ask that
question and then there's not many folks here yet right now but just for folks who are here please
share the space and you can retweet it and just leave it at that and hope folks and tell folks to
join and get them in here so we will started. We'll start with some quick introductions.
I'll introduce myself. I am Anthony. I'm with Metis. If y'all are listening, you all know
who I am already doing these spaces for a minute now. Good to be here. I'm excited. We have a very
special space today with Artemis and Aqualis. And the Metis liquid staking token, Art Metis, has just gained
another power through Aqualis. And so that's what we're going to be talking about among
maybe other things as well. But we're going to be focusing on what you can do with Art
Metis and the composability that's expanded with it. So let's get to some introductions let's start with mozpe who we have here representing
artemis hey mozpe we we've been on here a couple times together it's good to see you
hey man how are you doing anthony hope everybody's okay it's uh always a pleasure to be here so i am
the the bd uh lead for artemis uh so excited to be here to discuss what we've been doing with Aqualys.
And, you know, just hope that it's a very informative space.
And if people have questions as well,
I hope they're not too shy to come up and ask.
So, you know, just looking forward to this.
Thank you very much for the opportunity.
So thanks.
Definitely.
And let's see who we have here from Aqualys.
Hey, yeah, my name's Simon. Pleasure to be here. Thank you for this opportunity.
I'm the founder of Aqualis. I've been working on this for about three years now.
And yeah, very excited to talk about all of the different composability and strategy that this partnership unlocks for Metis.
Amazing. Good to meet you, Simon. And I can't wait to learn more. And Aqualis itself is a very
exciting protocol, in my opinion. I love what you all have built. And it's definitely a DeFi
function and product that I feel every ecosystem needs.
And I'm glad to see it.
I'm glad to see it building out.
And I'm glad to see you all integrating other native tokens that are on the network.
So before we get into that, though, I want to do a couple icebreaker questions for both
Two questions.
And maybe we'll start with Simon.
So two questions.
One, what brought you into web3
what what attracted you to web3 and what did you do before web3 what where where was your experience
based from prior to crypto and I guess a third question a fun one what's your favorite hobby
outside of crypto what do you like to do yeah um I guess I'll start off with what
brought me into web3 um actually I'll start off what I did before web3 so I mean I got into web
through pretty early uh back when I was actually still in high school uh when I was uh I think I
don't like 17 or something so back then obviously I was still in high school, as I mentioned, and I was also doing cleaning.
I used to clean this little Italian cafe before schools to save up money.
And that's what ultimately got me into Bitcoin.
And that's how I afforded to buy my first like 0.01 or 0.02 Bitcoin back in 2017.
And yeah, it all just really snowballed from there to be honest um
after i discovered crypto uh i went on i went on to uni and i always wanted to study something
like engineering or like astrophysics or something like really mathy but because of crypto i actually
ended up studying commerce and computer science which probably was one of the best decisions I've made.
I can thank crypto entirely for that.
And after I graduated, I actually decided to go full time into crypto.
I worked briefly in a bank doing business banking.
I started in the call center and then worked around the admin side and then did a bit of relationship management while I was at uni.
But then ultimately, I quit that in 2021 to basically focus full time on crypto.
And that's when I started Aqualys with a couple of people I met through an online course.
Since then, we've had a few, I guess, like restructures.
But yeah, I mean, that's how we got to where we are today.
And favorite hobby.
And because I laughed a little at that because that's actually a criticism my girlfriend has.
I don't really have hobbies.
I guess I've been very consumed by all this for the past few years.
And if I had to choose something i mean i enjoy playing
video games um i don't know if trading crypto counts as a hobby uh i like badminton i enjoy pool
like the snooker pool not the swimming pool i can't swim um yeah i guess that's yeah awesome
awesome pretty nice background you have there And you got in very early in life
into crypto, which is, I think, awesome because you have so much ahead of you still,
as the industry does. So both were probably quite young. You're just as young as crypto,
I guess we could say, and have a lot ahead of you. And cool. Yeah. And I feel you on the, on the hobbies.
I don't usually have much time to spend on my own personal hobbies as well,
but crypto and web three in itself is a major hobby as well as a profession.
So it's awesome to be in the industry, but yeah, thanks for sharing all that.
Let's pass it to Moazpay, same thing.
And I, and i think you've
explained this prior before but it was probably back back in the day so just let us know uh how
long you've been in web3 what brought you into web3 and what's your favorite personal hobby
outside of crypto sure yeah i think i'm a bit older than you guys, so I've been working in traditional finance for a variety of years in banking, risk analysis, and just corporate banking.
And during this time, I was always sort of a, I had like this uneasy feeling about that there was something missing about it.
So when I first started hearing about crypto and Web3, this was, I think, 2014, 15.
And I started trading a little bit because i was doing
that as a hobby on a personal side for the traditional finance and that's when i got into it
after i left banking world i went to the fintechs and i started seeing okay there's new things
happening like exciting technologies or something and part of the guys that i was working with in
the fintech world started having ideas about you know let's talk you know know, let's talk, you know, DeFi, let's talk,
you know, other things that we can do, cool things that we can do in the crypto world.
That's when we started, you know, getting together ideas of what we could do, ideas
that maybe would be helpful in the market.
And of course, I agree with you, crypto is very, very young, you know, still sort of
early stages of it.
And in every sort of giving or starting a new operation a new business
you have you know peaks and valleys and you're having stability which what i think that we face
in crypto every now and then uh but you know it just got me really really excited not only
the market itself but also the team that i was working with that's when we came together and
decided to make projects and the artemis is one of them that we're really, really excited about.
It has got, you know, tremendous partnership with Metis, which makes us really excited about what the future holds.
So, you know, I've been in this space for a little while.
I'm not a tech guy per se, so I do not know all the details about it.
We have a very strong technical team as well.
body, we have a very strong technical team as well.
Uh, but I do love the subject and I do love to understand and learn more and, and I try
to convince people to, to come on board and join this, this, you know, magical thing,
which I believe is the future of finance.
Uh, so, you know, that's what got me into it.
Uh, and I've been doing this for, you know, for, for a few years now on the, on the
personal side, you know, I already have kids.
So I do have a personal hobby, which I play the drums.
And I have like a rock and roll band.
I play some classic rocks.
But having kids and crypto and do trading takes a lot of my time.
But in a nutshell, that's a little bit of a personal side on me.
That's a really cool personal hobby you got on the side. I'm actually,
my other favorite personal hobby that I do not have time for anymore is music, music production.
But when I was a kid, I used to play electric bass guitar and it was in a rock band as well when I was much, much, much, much younger. I was very young and would play classic rock as well and all that stuff.
So I knew Iron Man and Smoke on the Water
and all those songs.
So that's cool.
Yeah, great songs.
So I know you know those ones.
You probably play them all the time with yourself.
But yeah, cool.
And yeah, you mentioned the peaks and valleys
that the industry goes through.
Feels like it's been a long valley as of late but as an industry but um you know yeah but like you said we know this is the
future of finance absolutely yeah yeah and it's normal you know like if you look at traditional
finance history that also happened when you know every like the markets are formed so uh i think
that this is what i try to think like having a little bit more experience and having worked with
traditional finance like you see like more of the younger generation, very excited, but at the same time, very anxious.
So you say, no, just calm down.
You know, it's going to come back and it's going to go up.
And it's like a hard, like one of those ECGs that keeps on going up, even though there's,
you know, every now and then it will come down a little.
But I do believe, I'm very optimistic about the future.
Yeah, definitely and i i think
all of us in the industry are because we know we know what we're building and we know this is going
to be the backbone of the infrastructure of the global financial system and so we see things
happening like the american government for example now being very favorable of the industry and of
the technology itself they also know what's coming. So yeah.
And yeah, and you see the long-term trend
is just going up despite all the peaks and valleys.
The long-term trend is just the one
that just keeps going up and up.
And it likely, well, not financial advice,
but you know, we'll probably likely keep doing that.
Don't bet against the trend.
So let's get into your projects now
and who you're representing.
Let's start with Simon at Aqualis. Can you talk about, can you give a summary of Aqualis first?
I was going to start with another question, but I think it would be proper to start with what is Aqualis?
Yeah, so Aqualis is, I guess, like the fundamental DeFi protocol.
It encapsulates both trading and lending into the same
protocol um and i guess the main selling point of this is capital efficiency so what we see right
now across d5 is quite a bit of fragmentation not just between chains but actually between
protocols and the features of each protocol. For example,
let's say you have the biggest DEX, which is Uniswap, and the biggest lending protocol,
which is Aave. There's no interoperability between these pools. So on a day where volatility might be
low and we don't need a lot of liquidity for trading, a lot of that is sitting there idle.
a lot of liquidity for trading, a lot of that is sitting there idle. Same with lending. If there's
not a lot of leverage going on or not a lot of hedging going on, a lot of that is also just
sitting there. So what we've done is we've created a system using what we call the asset multi
utilization algorithm, which is essentially a fancy way of saying the liquidity in our DEX can actually be used for lending
as well. How this works is through an optimization algorithm that basically uses underutilized
liquidity in the DEX side for lending. I guess if that sounds confusing, the main takeaway
is that users who deposit on the DEX are able to earn revenue from both trading and lending, essentially giving them a higher revenue stream than other protocols.
And what we do is we pass on a portion of that savings onto the actual users.
So users will end up paying less fees, while depositors will retain a high deposit reward, or they might even get higher rewards than others.
Right now, we only support stablecoins on Metis.
However, we are working towards supporting Liquid Staking Tokens
and also building out our full-scale DEX.
The full-scale DEX will most likely be released in Q2.
in Q2. We actually just released our roadmap just before this call. And we plan to have the
We actually just released our roadmap just before this call.
multi-utilization of the assets on our full-scale DEX as well, most likely in Q3. We've added it as
a stretch goal in Q2, but I personally, I think it's probably more towards Q3 that we'll be able
to do that. And once we do start having multi, sorry, asset multi-utilization for the full-scale DEX,
there's a couple of interesting points that come from that as well. One of them is even when no
one is trading, you will still be earning yield. So let's say you're a yield farmer, you have Bitcoin
and Ethereum because they're somewhat correlated, even though recently the ratio has been dropping a fair bit for ETH.
But yeah, since they're fairly correlated, you think there's not much imperm loss.
But if there's not much imperm loss, then there's actually not much volume potentially.
So you're not earning much either through this.
What Equalist allows you to do is the Bitcoin and ETH, a portion of that is actually used
for lending
while it's sitting there. So you'll be earning yield even when no one is trading the pool. And
then of course, when people are trading, you'll be earning yield on top of that. And for project
owners who wants to deploy a project, for example, and you pay a project with Metis, and Metis is a lendable asset on the lending pool,
you'll actually have what we call like a pseudo buy pressure
because the Metis side of the LP is earning revenue,
which basically causes your token price to go up over time,
even when no one's buying.
And that's kind of like a neat side effect
that wasn't even planned when we um i guess
built out everything but then when we started doing simulations we were like hey that's that's
a really neat side effect so yeah that's that's essentially what we have at the moment and what
we plan to build out over the next half year or so for sure thanks for the explanation. And I truly love what you all have built and what you all are building. And the, basically the seamless integration of different native Metis tokens that are being integrated on your platform, such as the one we're going to talk about here today, which is Art art metis which is a liquid staking token in itself and expanding its utility and composability
and value for those who are holding it but i like how you are also how you you i think there's a
term you all have that you use is like and i might be getting it wrong but it was something it's
something like multi utilization of an asset or something to that effect where it keeps accruing value whether you're lending it or despite what the user is doing.
Maybe you can talk about that a little bit more.
You touched on it, but.
Yeah, I guess like the multi-utilization side is the, I guess it's like the practice of using the same pool of assets for two or more features, in our case, trading and lending.
And that's essentially where we have our competitive edge against like traditional or existing DeFi protocols.
One thing to note is that Uniswap v4 using hooks does actually create something similar,
but we've gone ahead and done it with our own native protocol, if that makes sense. So if you
use Uniswap v4, I believe, and don't quote me on this because I haven't done a lot of research on
hooks, but I believe you can do something similar.
And Uniswap actually came out with this very, very recently.
However, the difference is that they can only use it on third-party protocols
because Uniswap doesn't have their own native lending pool.
By having our own native lending pool,
we have a lot more control
and a lot more ability to actually reward our users.
Yeah, I guess that's how the multi-utilization side works.
There's a bit more of a detailed explanation
to exactly like the actual capital or like asset flow
between the different pools.
I do want to stress though that Aqualys
doesn't actually have the ability to move these funds per se.
It actually follows an on-chain decentralized algorithm that dictates
how much should be in the lending side and how much should be on the trading side.
So no team member or admin or anyone has the ability to move funds freely.
We can't withdraw anything and we can't move it to anywhere.
It actually happens all from the user side.
So when a user deposits liquidity or withdraws liquidity,
it actually checks the ratio between the current trading pool and the lending pool.
And it checks to see if there's a discrepancy and if the discrepancy is big enough,
it actually performs a decentralized fund transfer between the lending and trading pools.
So all of this is done completely in a trustless manner
based on an on-chain algorithm that can be verified.
Love that.
And it's definitely a competitive edge.
And I think that's what excites me
about you all being in the Metis ecosystem
and bringing what you're bringing
and delivering what you're delivering.
It's definitely unique and provides a, I believe, a better user experience,
trader experience, investor experience, and allows different ways for people to accrue
value on their tokens through the multi-utilization of the assets on the Qualys.
So cool. I want to pass it over to Mozpay now. And if you could reintroduce us to
Artemis, a lot of folks that are going to be listening to this space are probably familiar
with Artemis. You all are a household item in the Metis ecosystem, but please reintroduce us
and what inspired the creation of Artemis. Sure, of course. So Artemis Finance, we're the leading liquid staking protocol that originally launched for the Metis decentralized sequencer pools.
We currently have like over 200,000 Metis take.
We offer users liquidity by having LSTs, allowing easy transferability.
uses liquidity by having LSTs allowing easy transferability.
Uh, then the users not only receive lock and rewards for sequencing activities,
but also have the flexibility to sell and withdraw from LST whenever they wish,
uh, exit their locking position.
Uh, at Armis finance, we, I think that when we got together, we just saw like a
real need for strong liquid staking token system in the meta-cycle system. And, uh And of course, you know, by talking to you guys, we saw that, you know,
there's a forward thinking vision on Metis for DeFi. I think that that was a big reason that we
got really excited to build here. I think that, you know, taking that for us, like when we got
together, it was like a no brainer. It's like, yeah, that's perfect partnership for us. So
building the protocol is not just about like writing code,
putting it all together, you know, I think it's goes way beyond that.
So it's more about being part of a bigger picture, like working with ecosystem,
it's partners, it's users, and everybody sort of on the same boat,
moving in the same direction.
And, uh, I think that with Mattis, you know, for us, this alignment was
pretty crystal clear.
So like everyone seems to be on the same page, pushing for the same goals, you know, and that's like when we get together is a huge motivation for us.
And we also know that Mattis is like one of the most efficient layer two solutions out there that, you know, gives us confidence to focus on the long game.
And we're excited, you know, just keep on building, knowing that we're on the platform that's designed for scalability, long-term success.
So for us is really like doing like a community driven, you know, try to get as much feedback,
uh, from the community to see the ways that we can enhance and improve, uh, make it very
user friendly, very safe this way that we can attract more and more people.
And then they see the results that they have.
You know, what Simon was just saying that the ability to do a variety of other things with
defy partners that we have it's a very sexy proposals you know like i told before like i
come from the traditional finance market and that when talking to these people i always say you know
like when you go to crypto world and defy not only do you have you know the money that you have in
it that you're staking or you're locking but that allows you an ability to do a variety of
other things, you know, like what we were doing with Aqualis, uh, like
lending, borrowing or so on, using it as a collateral.
So, and I think that, you know, like we said in the beginning as well,
this is just the beginning of it.
So there's so much to happen, so much going on.
So I think that together with Mattis, I think that we're really excited about
the partnership, the long-term view, and that we are here for the long run.
And that's the only way that we feel that we got to keep on building, attracting more people and so on.
So, you know, that's for us is a big reason for it.
And like you said, being part of a grander vision is definitely something that is important when you become part of an ecosystem
because you want to be part of an ecosystem that is building towards something that's
comprehensive and sort of all-encompassing of a certain vision that you could play an important
role in and you'll have a special spot within that ecosystem for um
indefinitely you know moving forward as that vision is um worked towards so you all joined
when the decentralized sequencers were going live because you all allow regular users and investors
to be able to participate in sequencer mining and being able to deposit their
Metis tokens through Artemis to secure the network, to secure the Metis network and to
secure the decentralized sequencers and earn revenue from the sequencers themselves and
basically expanding or democratizing the decentralized sequencer or the sequencer mining role in our ecosystem.
So I don't know if you want to explain a little bit more about how Art Metis works and what Art Metis is and what it delivers and how folks can get involved,
especially for those who may not be using Artemis yet and don't know what art medis is uh sure so uh i think that it's important to
say beforehand that uh for everybody who's new to it that you've got to be sure that security
is really important for us like top priority so you know we've done uh security audits uh top tier
institutions and we keep on doing that you know to make sure that our codes are audited and everything's perfectly things.
We have other sort of security measures that we have in place.
Like our contracts are controlled by multi-sig wallets and time lock.
I think that they are operated jointly by the team members, the community contributors,
and so on.
As we said before, we're total prioritizing the product, and that way we can simplify the learning curve for the users and then just concentrate the liquidity of liquid matters that we have adopted a single liquid asset model.
And that way we think that we benefit the community as a whole because by doing just a single one, we have this easy and fast unstaking process that can provide the most benefits.
On Artemis, it takes a maximum of five days
to withdraw the full position.
And those five days,
it just accounts for the time needed
for the technical process.
There's no additional terms or anything required.
I think that's a little different from other platforms.
So I think that that is a pretty positive side for us.
We also think that we work on the principle, it's your assets or your control. So, you know, just means
that just empowers users that with the full ownership and the flexibility of other assets
without any restriction or complex withdraw processes and so on. The single liquid asset
model allows us to focus all the resources in just incentivizing the liquidity of a single asset.
And this way we avoid liquidity dispersion, which I also think is a positive thing.
And I think that through the above two points that users can just grasp the learning curve easily
and then transact with our metas at a lower cost.
And then they enhance the user experience as a whole.
So on Artemis, the users, they stake their Metis on our platform,
and then, like you said, they earn sequencing rewards.
And in the meantime, we provide Artemis as a receipt token,
allowing users to continue earning staking rewards
while using their assets in other DeFi protocols.
And I think they were capable of various DeFi use cases
within the Metis ecosystem, like the
alcoholics partners that we have now.
So in a very simple way of explaining, especially comparing to traditional finances, if you
have your money and you put it in the savings account, traditionally, you just get the return
But with us, what you do is that once you put your money in the savings account, you're
earning all the savings return that you get on the interest rate there, but you also get a receipt,
which is the token that we provide.
And with that receipt, with that token,
you can go out to other DeFi protocols and then earn extra rewards.
So like if you get, you're staking your token,
you get a token from us and with that position,
you can go out and then make more money.
So it's kind of like double or just expanding the ability to make money.
And we were trying to do that in a way that's very intuitive, you can go out and then make more money. So it's kind of like double or just expanding the ability to make money.
And we will try to do that in a way that's very intuitive,
very user-friendly, in a way also that people feel safe.
And that's how we believe that we can attract more people, grow together.
So I think that, like I said before, we're all on the same boat.
We're all going to the same place.
Everybody has a long-term view because we know, as you mentioned before, Anthony, I think we're in a very unique time because the next four years, we should see more positive
regulations coming into place, or we should see more positive approach in general from
the market embracing the Web3 and crypto world.
And combining with all that, I think that we have a very sexy product that will try to offer as many users flexibility, security, in a very easy way to make more money than you would normally just do in a regular project.
Thank you for that detailed explanation of Artemis and ArtMetis and what you can do with it.
Artemis and Art Metis and what you can do with it. So for those who are hearing for the first time
and haven't used Artemis yet, here's your chance to learn more and start using. And if, like I said,
if you go on the top of the screen in the Jumbotron, if you slide to the final slide,
it'll take you straight to Artemis's page. And if you go on there, you can find the link tree in
their bio and get started and access the rewards that are coming from
the decentralized sequencers through Artemis. And like Moaz Pei was saying, it's a very
intuitive process. It's quite easy to get started and to earn your rewards. And I know,
me personally, I've been doing it myself for a while since the beginning, really. And it was very easy.
And that's what I was hoping for is LST protocols wouldn't be too complex or have too many workarounds
to be able to access the rewards and just make it an easy user experience. So I want to pass it back
over to Simon from Aqualis and just talk about what inspired you to do this partnership or
this collaboration with Artemis and how does it fit into Equalis' grand vision integrating
Art Metis? How does it play into your grand vision for your own protocol and your ecosystem? Yeah, so I guess we actually, when we were just first researching Metis, we actually
saw Art Metis and we wanted to integrate them before we even launched actually. So I'll be
honest, I had never heard of Metis when I first met Victor in DevCon in Thailand. I think it was November last year. But I very quickly fell
in love with Victor, the team, and just their commitment to builders. And I thought it was very
refreshing to see their vision. It seemed like a very long-term vision, and it was something that
I wanted to kind of get behind. I had spoken to a lot of other chains already at that stage and
we we were tossing up between maybe three other chains um and over devcon it really i guess
solidified uh my i guess my decision to launch on metis um and the first thing i did was you know
play around with it i went on all of the d5 protocols i could find uh started providing lp started trading just to explore what the ecosystem was like um and yeah we realized that
artemis was a i guess like a natural partner that we would have to integrate because the whole point
of liquid staking tokens uh is that receipt right it's the whole point of it is that you can use it
on DeFi protocols while it's being staked.
So lending and trading is a natural kind of partner
with liquid staking tokens.
And Artemis Finance had the best that I could,
you know, personally I found like the best UI
and the best security.
And I thought, yeah, you know, we got to partner with them
once we get to that stage.
And the partnership was ultimately made possible
by the Metis team who introduced us,
set up the group chats,
and yeah, I guess the rest is history.
The rest is history.
And it's a good history and a short history, but a pretty impactful
history already. And yeah, and that's good to hear about, you know, what drove you to the
Metis ecosystem, because, you know, it helps our team know what is attracting builders. And I think
what you said is the focus on builders and trying to deliver as much support
and support and and focus on builders and providing an infrastructure that is great for
builders to build on and and they feel like they're being you know supported and not being you know
left to the side or anything like that. And so
Aqualus definitely playing an important role in our DeFi ecosystem, as is Artemis. And I think the
collaboration between you two is perfect. And like you said, you already wanted to collaborate with
Artemis before you even launched Unmetis, and could see why and it only makes sense. So moving forward on that, can you walk us through like step by step and this is for you,
Simon, can you walk us step by step how one can start using Aqualis and start using art metis on equalis yeah so the metis team
actually released a youtube tutorial on how to use equalis i believe when i recorded it
art metis may have not been on it yet i do gotta i have to double check that but um very i guess
very briefly a step-by-step um intro to how to use it is first,
you will need to get your Art Metis.
And I highly recommend checking out the Hercules decks
before you actually stake it directly.
A lot of the time, you can actually buy Art Metis for a small discount
compared to staking it directly.
I often check on both sides.
With the price impact, sometimes it seems like a discount,
but you might go slightly over the actual trading range.
It's not a huge deal, but yeah, just be wary.
I normally do smaller transactions since transaction fees are so low anyway on Metis.
It doesn't really cost much to do like two or three transactions
instead of just doing one.
But yeah, once you have your Art Metis,
you'll have to deposit that onto the Aqualis lending.
This can be found on our app, which is on our, you know,
you can just go onto our website and launch app,
or you can go onto our Twitter or Telegram.
It's like the
websites everywhere um and once you do that you'll have the ability to start borrowing using your art
metas as collateral so you can start borrowing either stable coins or ethereum or metas and
there's a lot of different um strategies that you can use um i don't know anthony if you want me to
talk about the strategies now or a bit later uh but yeah like essentially that's the step-by-step way on how to acquire your
art menace and then how to deposit it uh deposit it onto aqualus i reckon it's pretty pretty
straightforward yeah now would be a great time to go into the strategies. I think it's a great segue into that. So please describe the strategies that users can partake in. Yeah. I guess the most
obvious strategy and the one that we've already seen start being used is essentially a leveraged
long strategy. So a leveraged long is when you borrow money to gain extra exposure to an asset.
For example, if I'm super bullish on Metis and I want to buy more, but I just don't have the money to buy more,
what I can do is I can use my Metis or Art Metis as collateral and actually buy more Metis by borrowing stablecoins.
So traditionally, you can already do this in a few different ways.
One of them is through centralized exchanges.
But the caveat there is that the centralized exchange
must actually list Metas as a derivative
or on like some kind of margin account,
which I'm not sure if Binance has,
because in Australia, I'm not allowed to use anyance has because in australia you you know i were i'm not allowed to
use any sort of leveraged products on binance um so i don't actually know if they have it on
binance or any other kind of centralized exchanges um the other option is doing it through ave so
i forgot to mention earlier that aqualys is actually the first protocol to integrate art Metis and stable coins.
So there are other existing protocols that have art Metis and other sort of Metis derivatives,
such as like the native Metis token or other LSTs.
There's also Aave that has Metis and stable coins, but not art Metis.
And it's also worth noting that ave's metas is an
isolated asset class so you can only deposit metas to borrow metas which i've never fully understood
the purpose of um but what a quiet list allows you to do is you can deposit metas or art metas and
borrow stable coins so this has several significant advantages over doing it with, let's say, just Metis
or using a centralized exchange.
When you use a centralized exchange, whether you're doing it with a margin account or with futures,
if you're having a long, typically you have to pay interest on that.
Whereas on a Qualys, you actually get paid the decentralized sequencer rewards, which is 18%, I believe.
Correct me if I'm wrong.
But yeah, you get paid that 18% while you're holding the art metas.
And you can borrow stable coins usually at significantly less than 18%.
at significantly less than 18%.
So right now on Aave, I believe it's around 5% or 6% borrow rate
and like 2% or 3% deposit rate.
So yeah, on Aqualus, if you deposit the Art Menace
and then borrow stable coins, you can actually earn interest
while having a leveraged long, which is something that typically doesn't exist.
And in the event that interest rates for the stable coins do go up,
which is a possibility because they're variable interest rates,
what people can do is they can engage in interest rate arbitrage.
And that's essentially the practice of depositing stable coins on one protocol
and then maybe borrowing something else
as collateral uh sorry as like a debt and then depositing it somewhere else and then borrowing
stable coins there so let's say if a qualus has a very high interest rate for stable coins because
too many people are using this leveraged long strategy what will happen is people who are doing
this leverage long strategy will end up
paying a higher interest rate for the loan. But this gives an opportunity for someone else.
Let's say you're a very observant DeFi kind of yield guy, and you've noticed that the equalist
lending rates for stables are very high. What you can do is you can, let's say, deposit Metis or Ethereum or some other stable coin onto Aave.
And then you can borrow whatever stable coin has a high interest rate on a Qualys and then deposit it on a Qualys.
So you're essentially earning interest from two places in that case.
And you're also helping the borrowers of the stablecoin on a Qualys
to essentially reduce interest rates.
Yeah, I guess that's the most popular strategy
that I can think of.
You can also have other strategies,
basically like the opposite of that.
If you're bearish on Metis,
so if you're bearish on the market,
let's say if you're bullish on Metis,
but you're worried that the market might be very volatile, instead of borrowing stable coins, you can borrow either Metis itself or you outperform Ethereum. Or if you're borrowing Metis, you're saying that you believe that the decentralized sequence of rewards
will be higher than the borrowing rate of Metis.
Because in that case,
you essentially have zero market risk
because you're fully correlated with the market.
The only difference you have
is the difference between borrowing and lending.
So yeah, I mean,
this is really just the start of all
the strategies you can do um and honestly this is kind of why I fell in love with DeFi because it
gives gives everyone the opportunity to partake in this sort of um I guess like more complicated
or like more exotic kind of financial systems uh like you know if I was working in trad like sorry if i was just working
as like a regular guy and i wanted to do this kind of thing in trad fi i don't think i'd have
the opportunity to like especially not in australia like you need these kind of like
wholesale investor licenses just to get access to products which i think is um really like dumb
like i need to be super rich to actually get access to make money like i know they say it's
for consumer protection but for me like i feel like i don't know it's almost like gatekeeping
financial instruments and i think defy gives everyone the same opportunity uh to partake in
all of these sort of activities and yeah i mean that's kind of why i fell in love with defy back
in 2021 a little bit of a segue there. A little bit of a segue there.
Sorry, a little bit of a tangent there.
But yeah, I hope that explains the strategies.
Yeah, it definitely does. And thank you for going so thoroughly into it and what users can or what you all offer users through your platform and the different strategies that
they can take with different tokens. That's what intrigues me about Equalist the most is that,
like you said, there's staples and LSTs on it. And I know you all are going to expand your
token integrations in the platform. And so users will be able to access all kinds of different DeFi strategies
and make the most of the capital efficiency that you all offer by lending, collateralizing,
borrowing, and being able to explore even other parts of the DeFi ecosystem on Metis.
And so Mwasp, I wanted to shoot it back to you real quick. I wanted to see if you wanted to
add anything or maybe give Artemis's perspective on strategies using Equalist.
Yeah, well, I think that Simon was a very thorough and complete part.
But I think that one thing that for us we want to say
is that what we want to do, like we said before,
is that we want to have partnerships with such projects
because they are the ones that will allow us to offer our community
as well as the more people that come in with a variety of possibilities.
You know, each person has their own individual strategy and ambitions and, you know, appetite
for risk and so on.
So for us, in a nutshell, what we want to do is just have, you know, this one place where
all the users can come and see there that there's a variety of options, that there's a
variety of strategies available and some of the strategies will fit your need and will fit your
risk appetite and your return expectations and so on. So for us, like I said, it's just making
sure that we have something that's really easy because what I do feel every time I'm talking to
people and try to bring them on board is that they have this sort of notion that, oh no, it's too difficult, too complex, too technical.
So I think that when we get together as a team, we say, okay, how can we make this easy and how
we make this very simple in a way that anybody can just sort of join in, understand, feel safe
about it and feel like, yeah, because once you do understand and you feel safe about it, you will see,
you know, like Simon said, you cannot find those things in traditional finance or anything.
So there's a lot of things that we are offering here.
They're not available elsewhere.
And I think that that's what makes it so sexy.
And that's why very optimistic about the future, because it's just a matter of people understanding
a little bit more, educating themselves.
And I think that that's part of this space as well as other spaces that we try to join
as many as possible to try to provide education to try to provide information of course always
saying that everybody has to do their own research as cliche as it may sound and they have to do
whatever you know they feel that's needed but I think that once they get their feet wet and they
understand it's like yeah you know there's all these other options that I cannot find in any
other place then I think that that's our objective and that's how I feel that we believe as a team that we are accomplishing our mission,
which is to try to meet more people, offer them a safe place where they can see a lot of options.
And I'm sorry it sounds so repetitive, but I think that in a nutshell, that's our goal.
Yeah, definitely not repetitive.
And even if it is, I think it's important to drive those points home because you don't find what you just mentioned. You don't find it in abundance in our industry, not yet, at least. easy strategies for users to make value out of what they're doing, then we can keep driving
that home. Because there's a lot of speculation that happens in crypto, of course, obviously.
But I think what we're talking about here in the collaboration you all have here is not speculation,
but it's actually sophisticated yet simple DeFi strategies that can allow you to accrue more
value and also be part of an ecosystem where you're supporting the security of a network and
making the most out of it and that was the whole point of expanding uh expanding sequencer mining
to the everyday users of metis and so that's the that. And so that's the role of Artemis and now creating collaborations with protocols
like a Qualys just expands what users can do.
And I think that's the whole point and I love to see it.
And so now I want to ask what's next in your partnership?
Is there anything cooking between both of you or
what is the grand vision between equalis artemis and integrating lsts yeah so go ahead go ahead
okay okay um yeah so i guess uh one thing that we have been in discussion um about and it honestly
is something that i'm quite excited about is potentially um a lst and metis uh liquidity pool
um and the way that we've designed this is very similar to a well it's very similar to our stable
pools actually with stable coins um and very very briefly briefly, I'll explain. It's like the way that
our stable pools work is that it works almost like Uniswap V3, where you have custom like liquidity
and concentrated liquidity. The difference is where we like what we have is we have set ranges.
So a user like because when I first started using V3, I was very confused by the whole like, you
know, choosing liquidity ranges.
And sometimes stablecoins go out of range by a little bit and you just don't earn anything.
It was very frustrating.
So what we have come up with is actually a way to basically have that preset.
So the pool itself has a preset range and users just have to deposit.
And once they deposit, they can deposit single-sided assets
and it gets basically like zapped into the LP.
And we want to create the same thing for LSTs.
The difference, however, though,
is that LSTs in this case, they're not pegged.
So one art metis doesn't equal one metis.
It actually compounds over time
based on the rewards that they're accruing.
And what we've done is we've created a,
like when I say we've done is we've done this as a prototype.
We've created a prototype that actually accounts for this.
And we've also created basically a custom range
where the lower bound of the range is basically the rewards
you're losing through the five-day wait
and the upper range is basically the price as of right now for the actual conversion.
So using this type of liquidity pool, a user will never have to overpay for a liquid staking token. And when they're selling the token,
the lower range is essentially bound
by the difference of what you'll get in five days.
This, we haven't actually put this onto our Q2 roadmap yet.
And this is because we don't know
if there's going to be adequate liquidity because we don't want to end up building this and then not having the support around it because this actually requires quite a lot of liquidity to be efficient.
It's kind of like a economies of scale thing. The more liquidity it has, the more efficient it can be.
And we can utilize the same kind of logic with the stable pool, like the asset multi-utilization algorithms, and we can actually have that Metis and Art Metis stable pool also earning from the lending side as well.
But yeah, that's, I mean, personally, I don't know, you can probably tell that I'm actually very excited by this prospect, but we haven't't uh like officially confirmed this yet um yeah
okay okay so i think that's an alpha go for it no no i think that uh just to complement what
simon's saying i think that you know again for for our users uh i think they're just very happy
to participate in the lending and the borrowing process you know and uh because of course that
will offer exciting opportunities to maximize their holdings and engage more deeply with DeFi as a whole.
And what we want to do now is just support the users. So, you know, continue to do co-marketing
efforts with our partners. As I said before, just actively educate the community on what the best
practices are and what we see it's important to know. Risk mitigation strategies, ways to optimize their positions.
So I think that we are true, like we believe in our product and we know that
there's going to make a big impact on the ecosystem.
And even though we do have that belief, we're pretty excited.
Honestly, the support and excitement that we have received from the community
has been amazing, nothing short of amazing. So going forward, for the next step, we're focusing on expanding the use cases for our MetaS,
collaborating with more protocols, contributing even further to the MetaS ecosystem.
And we've already partnered with Web3 wallets like Binance Web3 wallet, Coin98 Web3 wallet,
and that has significantly increased Artemis exposure
and brought more users to the Metis ecosystem.
And we see this as a great strategy,
and we're going to continue to collaborate
with more and more wallets through various campaigns.
So what I can say is just I think it's always good
to just stay tuned, join our Telegram group,
join all the social media,
and just look after information. If you guys have questions, you join uh all the social media and just you know look after information
if you guys have questions you can ask all the teams like the teams 24 7 uh available to answer
questions so that's how we see the the partnership going in the future next steps
sounds great and for folks who have any questions or any comments, you want to come up on stage, we have a couple
minutes that we can lend.
So if you are interested in doing that, please request to speak.
I will bring you up.
You can ask any question or say anything you may want, or maybe even share your experience.
If you use Art Metis on Aqualis, I think that would be a great story to hear if anybody
equalis i think that would be a great story to hear if anybody has a story here like that um but
has a story here like that.
yeah so as we uh await to see if anybody um wants to come up on stage i will ask you all where can
and let's start with with simon from equalis where can users get in touch with equalis and where can
they keep up to date with you all? Yeah, so obviously follow our Twitter,
that would be greatly appreciated or X if you prefer to call it that. And we also have our
Telegram link in our bio. So we used to be more active on Discord, but now we are significantly
more active on our Telegram. So if anybody has any questions, we have many people who are supporting there. I'm active
pretty much every day and for many hours every day on there. So you can ask me any questions
directly as well on our Telegram. Great. Yeah. And Telegram is definitely always ends up being
the community space,
probably just because it's, I don't know, maybe because it's a bit simpler.
I'm not going to speculate, but yeah, Telegram usually ends up being the community space.
We start off with a bunch, and then everyone just ends up on Telegram.
Let me pass it over to Moaz, P.
Yeah, I think it's very similar.
Of course, go to our Twitter page,
Telegram group, please join our group.
If you go to ArtemisFinance.io, the website,
you'll be able to launch that from there.
And in the website, you also find a variety of documents
with detailed explanations.
Sometimes we know that people get shy
to come up to the floor and ask questions.
So if you're shy, then you can either check on the documentation that's available on the site or join our Telegram group.
Because, like I said, you know, the team is there 24-7 to try to answer anything.
And again, you know, like we keep saying, like, I also recommend, you know, I saw Hercules there as well.
So, you know, check out our partners, you know, Hercules, Showbill, S&Z.
There's a variety of other very cool projects that's worth checking it out because i think that you know we're on the same boat so we're
all uh trying to grow this ecosystem as much as we possibly can and everybody doing their part so
just you know very very excited about this and uh and i hope that you guys can join our social media
and uh just you know solve any questions that you may have or contribute all the feedback that we
receive is always positive and we always use that you do whatever enhancements that we want to do going
forward so we really appreciate the community that we have and we want to make sure that we bring
more and more people to it so yeah website telegram group x and then the documentation is available
there great thanks for sharing and so we do have one person up here who wants to say something. And I see it's Pima. How you doing, Pima? Is that a Ghibli style profile picture or am I blind?
actually afternoon in my end and yeah I've been so bullish about the Metis I
know blockchain from the very on start I heard about you from a friend so actually
I'm a video content creator and editor so and I really want to know more about
Metis because I'm gonna be creating video content about it
and a couple of other big projects like Metis them
and I'll be posting it on my TL soon.
So, well, and I know, I think the website
is self explanatory, right?
And because soon I'll be dropping video content about to the audience and people who know much more better and, you know, about Mate 6 and a couple of other blockchains and projects i'm working on so um
i love if you could you know still give me insights about um matis to you know be on a
top edge to know what i'm working on yeah that's right that's the question I have from now. Yeah, for sure.
Good question.
And so you can stay up to date and learn everything you need to know and be on the edge of Metis.
If you, of course, follow us, follow our Twitter page.
This is where we are sharing the most information where you can stay up to date and even sometimes be ahead of others, especially if you join these spaces live.
Sometimes there's alpha that's dropped or an information that maybe hasn't been posted either on our page or even on our guest page.
If they're sharing things, you know, we're always having spaces with our ecosystem of partners and builders,
and they'd be sharing things on here that sometimes they haven't posted about.
So you might be the first to hear about but yeah if we check on our page we just like for example one of the things
one of the main things we're focusing on right now is the launch of the incoming launch of
another layer two called hyperion that's ai focused and purpose- built for artificial intelligence, decentralized artificial intelligence
dApps. And so we just launched, we released a blog this morning on a morning on my end.
And if you go on our page, you can read that blog. It really talks about how, how our current
layer two medicine drama, which equal, equalis and Artemis are built on, is going to work with Hyperion, which is the AI focused layer two.
So Andromeda and Hyperion, Hyperion will not replace or supplant Andromeda.
And it will actually work complementary with Andromeda in one ecosystem.
It will also use the same gas token as Andromeda, which is the Metis token.
also use the same gas token as Andromeda, which is the METIS token. So it's not going to be
competing and it's not going to be replacing or supplanting Andromeda. It's really just purpose
built for AI applications and protocols that want to integrate AI into the protocols. And even
protocols that are already built in Andromeda can even move over to Hyperion if they want to integrate AI into their ecosystem or if they just want an even higher frequency or higher throughput architecture that can allow them to process many transactions at once. This is particularly good for like gaming, high frequency
trading, and any protocols or apps you can think of that just require a lot of on-demand transactions
all at once, you know, over an entire day or whatever. So that's what we're focusing on right
now. That's what Metis um starting to focus like on integrating ai
into our ecosystem and this new chain hyperion will come along and uh work in tandem with
andromeda so that's how you can stay alert um i don't know if you're part of our telegram you
should definitely join our telegram as well uh join equalis and artemis's telegrams as well
telegram as well. Join Aqualis and Artemis' telegrams as well. I will put the, I will,
let me see, where can I put the link? I don't see the chat bubble anymore. And I feel like
Spaces always does this. Sometimes I can see the chat bubble. Sometimes I can't,
or I can leave comments and I could leave the link there, but I don't see it. So let me,
if you, if you, if you don't, if you're not part of our telegram or our discord, but we're also
more active on our telegram, DM us, DM the Metis account, and I will make sure to send you the
link, join our telegram. That's where you can interact with other community members and talk
and also chat with our team members and learn more about what we're doing or ask us questions directly.
You can also ask us questions on our DM, but if you want, that's for more personal conversation.
If you want to talk with our community and be part of our community, Telegram is the best place.
And of course, like I said, again, just follow our Twitter and this is where you'll be up to date with everything that we're sharing in terms of information and updates. Okay, thank you very much. Definitely.
Thanks for coming up. Thanks for listening. And thanks for everyone else for listening and joining
us today. Like I said, these spaces are are recorded it lives indefinitely on our page
so this is a chance you can share it or have others listen to it who may not have been able
to make it today live i want to thank simon and was pay for joining and sharing everything you
all did but before we hop off i just want to leave one more round for you all in case there's anything
you weren't able to cover that you want to make sure that we hear today so i'll just pass it over to either of you if you want to say
anything before we hop off i'll start on this time so first of all thank you anthony you know really
appreciate your time and that you're mediating these spaces like we said you know this is always
great opportunity for people to learn more about it and the more people that learn more people will
adopt so i think it's a great job that you guys do.
And we really appreciate the partnership.
Also like to thank Simon, you know, it's a great, uh, honor for us to just have a good
partnership with Aqualus.
We hope that we extend that partnership and, uh, I appreciate that it's very, very late
or very early for him in the morning.
So, uh, very late actually.
So I appreciate that he's staying up to, to have this opportunity to talk to us.
So, you know, just thank everybody for coming in. I hope you guys like i said you know check out social media check out twitter page and uh hope to hear from everybody soon so thank you very
very much for this opportunity um can i ask a question um i actually recently joined your um
recently joined your you know this space I don't know your community and I don't
know so which of okay type up your community so I could you know follow up
the community I'll send it over I'll send it I'll die out of DM you the link
for you can join our telegram group as well as a website link with that you have a lot of information there and then our Twitter page as well I'll DM you the link for you can join our Telegram group as well as our website link
that you have a lot of information there.
And then our Twitter page as well.
I'll DM right now after this call is over.
I'll DM you.
And yeah, if you go on the, if you look at the top of the screen on the, what I call
the Jumbotron, you can find tweets that are posted there from the Aqualis account.
That'll take you straight to the Aqualis page and you can find tweets that are posted there from the Aqualis account. That'll take you
straight to the Aqualis page and you can find how to get in touch with them. And then if you scroll,
you'll find the tweet from the Artemis account. And if you click on there, it'll take you straight
to Artemis's page where you can give them a follow and also hit their link tree and find all the
other links you may need. But like MozPspace said he'll also dm you with all that
so cool and then um simon any last words yeah i just wanted to thank you as well and thank the
metis team for this opportunity um again i think this is one of the big biggest reasons i um decided
to actually build on metis is that um it's just yeah because of all the support that we do get.
And yeah, please give us a follow on Twitter, join our Telegram,
and yeah, just try out the Equalus app.
Mainly, we talked about art matters today,
but you can actually also earn about 18% interest on USDT and USDC stables as well right now um just via the stable pool so
yeah you know go go check it out and if you guys have any questions feel free to message us on
telegram yeah thank you very much yeah yeah i i personally will do a video content right now for you guys. Yeah, I'm so bullish here.
There we go.
And if you scroll to the final tweet on the top on the Jumbotron,
we just posted the YouTube video that shows you how to use Aqualis
and earn dual yield on there so um or if
you just go to the medis page it's the last tweet that was posted and you can go right there and
it's a how-to on how to use a qualis so you can definitely learn and or even for you pima if you
can watch that video and maybe it'll inspire you and you can build off of it but thank you everyone for joining us thank you again waspay simon uh to many more and keep working on that collaboration keep bringing value to
our ecosystem appreciate what you all are doing and appreciate all our builders and appreciate
our two builders that we had here today and thank you all for listening and we'll see you all next
time have a great weekend.