Osmosis: Updates from the Lab 🧪

Recorded: Sept. 7, 2022 Duration: 0:44:50

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Hey everybody, give it a few minutes to get some more people in. Hey hey!
[Clapping]
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Hello, hey, how's it going Luke? Doing well doing well. How's everyone doing? I'm doing quite swell.
We are having a bit of a New York City Cosmos work session today. We have people from, you know, a number, Figman, Revery, a bunch of people that's working out of
They all piling in before, Missouri. I think right now it's just people who are already in New York, but there'll be more. I'm sure in a couple of weeks.
very nice I'll be there with you guys as well. All right I think we've got everyone here at least I've invited you to speak I believe and yet so I'm Aaron with the Ministry of Marketing today's
agenda, Sunny will be giving the updates from the lab and after that we're going to be introducing some guests and they'll be playing a heavy role in our marketing and operations during Ford. So yeah, I think Sunny you can kick it off with the updates. Yeah, for sure.
So, a couple of fun things going on. Next upgrade, I don't think has been officially announced or anything. Targeting to, we had target your hope for have it on chain in the next
like two or three weeks, so just be on the lookout for it. This upgrade will have basically a few main things. We'll have the T-Wap functionality, the time-witted average price oracles. So this will sort of enable a bunch of things.
it will provide Oracle prices for projects like Mars and Ion and stuff. It will also be able to allow you to make contracts that can make their slippage in terms of P-Wop. There's a couple of people right now where
on cross-chain swaps. So what does that mean? That means there's contract on Juno, let's say, that want to swap on osmosis, just because osmosis has the highest liquidity. They could do that, but they don't know how to set the slippage.
What they can do is they can say hey, we're just going to set the slippage at 1% off of the five minute T-wap price. By doing that, they can do these cross-chain swaps without worrying about being front-run or anything like that. That's pretty exciting there that we can
We'll be able to start doing that soon. People are going to be able to start building this out. I know a lot of people are sort of needing this. So, like, Kato and as well. So, hopefully, it will enable a lot of things. Another big upgrade that's coming there is
is, uh, interchain accounts are finally going to be enabled correctly. So, uh, you know, interchain accounts are originally supposed to be added in the V10 upgrade, but something about it was just not, uh, sort of enabled correctly. And so, uh, we're finally just, you know, doing that properly this time and that's
help with a lot of new projects as well. So we'll have, you know, Quasar will be able to start using it. Apollo is going to be able to start using it. There's a lot of new staking derivatives platforms that are coming out soon. So
People saw stride. It just launched yesterday. So congratulations to our friends at stride. And they will be, you'll see some stride atom pools on osmosis very soon, probably in the next part.
24 hours or so. So yeah, you know, it's cool to see that osmosis is going to be like a lot of new asset types right, you know, it's interesting that all these things are a lot of signatures platforms are launching it right around the same time, you know, quick silver launch as well.
But you know, yeah, we'll fun to see those live and you know for now They're just gonna use the normal pools, but they once the stable swaps come around which by the way is the like number one priority for the beat 13 upgrade We'll be able to migrate these pools to using stable swaps
swap so they'll have even lower slippage than they would right now. But you know, can't please get kickstarted with the current pools today. And then the final main I guess thing would in the V12 is Stargate Query. So right now, you know, I'm sure
people followed some of the bugs that happened on Juno because of how Stargate Query was like done in Cosmossum right now. And so we had to basically like all the Cosmossum chains basically deactivated Stargate Query. Stargate Query is basically a way