Special Celer AMA with @KinetexNetwork

Recorded: Feb. 27, 2024 Duration: 0:23:48

Player

Snippets

Hi folks, we'll be starting in a minute, we're just giving some more attendees to join.
We'll be starting in about a minute, thanks.
We'll be starting momentarily, we'll be starting in about a minute, we'll be starting in about
a minute, we'll be starting momentarily guys.
Okay, I think we can get started.
Hello everybody, this is Steve Yu, head of BDS, Southern Network.
Today we have an AMA with Tigran Bolshoy, who is a co-founder of Kinetics.
I'm happy to join you guys this morning here in the Pacific Coast for this AMA.
Would you like to introduce yourself Tigran?
Hi, sure, nice to meet you today.
My name is Thargem, I'm the co-founder of Kinetics Network.
I'm happy to join you in this conversation today.
Can anybody hear me, Tigran?
Yeah, sure, can you hear me?
Okay, great.
So a little bit more about Southern Network.
Southern Network is an interoperability platform.
We're supporting the bridging of fundable tokens like ERC20, VEP20, NFTs, and general message passing to nearly 50 chains.
And we've processed over $20 billion in transaction volume.
And we are one of the leading providers of interoperability and infrastructure in Web3.
And Tigran, would you like to tell us a little bit more about Kinetics?
Sure, I think I will start from the beginning.
Well, we at Kinetics talk our journey in 2023 with the hackathons at the beginning of 2023.
We actively take part in the BIOS hackathons and we developed our first version of product.
It was an aggregation of pages and indexes.
And our goal was to create a product like it's a single entry point for DeFi projects.
So we can swap any assets, the market indexes and transfer to another network where we want to solve problems like fragmentation of PTC.
And officially in the February of 2023, we launched our first product, aggregation, where we use the relay nodes for genetics and the users only need to provide just one signature
as the transaction will be automatically executed through all the connection indexes and regions.
And also we keep working on different scams and continue to take part in hackathons for more efficient solutions, which eventually led us to a new reaction-read tool,
which we call a professional trade, and we work on this right now.
Great, thank you. There seems to be a lot of trading platforms on the Web3.
Is there any particular aspect of Kinetics that makes it so unique and different from what's available right now?
Yeah, of course, especially in aggregation, like in our first product is relay nodes, which can help execute all the transactions with a causeless flow and just one signature.
And we also don't have access to the funds.
But I think the most important, I will focus right now on a new version, on a Kinetics flash trade.
This is a highly efficient pure chain like trading protocol. It's based on a resolved model.
All orders are built by professional market makers to show fast execution times, guarantee rates, and there is no problem similar to what takes us from the swap, like a snippage tolerance of mass hyper.
I think this is one of the most unique features, which we will be getting now.
So, use a native liquidity without using web tokens, and it works like a P2P, and the users can directly swap using professional market makers.
Also, using Kinetics flash trade, users can easily and securely swap crypto assets with zero snippage and mass attack protection, and also it can be any type of network.
Because usually, in a web-free space, most of the projects, they're working in a scaling with, like, in a pool, some liquidity with the one assets.
And after this, we also need to run a DEX, and to run a DEX is additional cost of gas, and there's also a problem with a slippage tolerance, price impact,
and we always need to pay for each transaction with a validation part of which is also a kinetic flash trade.
We raise this like a home chain, like clients, including decay-like buyers, which really means they need to wait for validators and pay for each transaction for the data.
I think this is the most unique thing.
Thanks for that. Thank you so much for that. And could you tell us a little bit more about your team members, how many are there, if you could share with us, and what motivated this team to start Kinetics?
Sure. We have not really a big team right now. It's about, like, 10 people in development part.
And I think the main motivation for us, we're working on a flash trade, it's to create a new product that will be useful for the community.
And we really like the idea of intense, like, the ability to create tasks with a limit order, and delegate them to professional players, like market makers.
And now we have a long chicken swap, which will be aimed, like, at moving and enhancing from A to B.
But in the future, we see the potential of this technology to delegate any task.
For example, like, put up a sale or buy some collection, like an entity collection, or put it in a yield pool, a bargaining pool, or make a staking.
We can scale up, like, to buy or sell airline tickets.
And one of our main strategies is integrated to the heavy pool and, like, every protocol in a D file, and provides swaps at the level with the speed equals to the centralized exchanges, including a gasless flow.
So we're most focusing right now on the B2B section, and the whole thing solution is seriously integrated into the projects that it uses out of the box.
Thanks for that, Tigran.
Before we continue, just a reminder that we're having an AMA with the co-founder of Kinetics, Tigran Bolshoi.
And this is Steve Yu, head of VDS Seller Network.
To continue on, Tigran, could you tell us more about the Kinetics and Seller Networks partnership?
I know that we're working together, and I think that some of the listeners would like to understand how we're working together.
Yeah, sure.
When Kinetics, when it uses seller products, initially we integrate CVH8Y into our VDT aggregator product.
In this context, seller is used as a niche, connecting different networks and helping to create efficient roles for coaching swaps.
That's what is currently working on our website, and it's being used by our users.
And now we're about to launch a new product called Flash
Here, we use Blink batch metadata, as always the election, where one of the validation components is the seller hiring framework.
We use seller as one of the adapters for delivering cross-chain message to group swap type of character.
And finally, where we're moving, we have to make a few minutes of the answer at the network level.
And here we plan to use various ZK to generate role-based or historical blockchain data.
As we know, you right now are working on developing this new product called ZK.
And this will make Flash Day a lot more secure and efficient.
Thanks for that.
Yeah, it seems like a lot of projects are using our SDK or Liquidity API to power their platform.
And certainly as an infrastructure provider, that is our goal.
And I'm glad promising projects like Kinetics are taking advantage of that.
And continuing on, Tigran, could you tell us more about what's next on your roadmap, what you guys are working on, excited about?
Because I know on our side, we are continuously looking to improve some of the offerings into the market.
We did it with NFT bridging, token bridging, general message passing.
And now that we're very focused on the zero-knowledge proofing, we'd like to know what you guys are working on, if you could share with us.
Sure. We plan to actively introduce Flash Day to the market in the future.
Looks like we lost Tigran. Tigran, can you hear us?
Bear with us, folks, until as we figure this connection out.
Thank you, everybody, for being disconnected here with our speaker. You should be back here momentarily.
Just to recap, Tigran has explained to us what is next on his roadmap and what projects that we can expect.
He'll be jumping back here any moment. Apologize for the disconnection.
Okay, welcome back, Tigran.
Apologies, guys. We're on an AMA with the Kinetics founder, Tigran Bolshoi. We're having a slight technical difficulty.
We should be able to connect with Tigran momentarily.
Okay, should we continue? Tigran, you were sharing with us what's next on your roadmap and what we can expect soon.
Can you hear me now?
Thank you, everyone.
Thank you, everyone.
Thank you, Tigran. What's the best way for someone to learn more about Kinetics? Is it the website, kinetics.io? Is that the best, or where would you like to direct your viewers?
Kinetics.io, this is the best way for all social media accounts. So right now, we are currently preparing various media programs and requests for the users.
All information will be in a future Twitter account. And in the near future, as soon as we launch, the users will have a personal account for a user card, which is integrated into the widget on the website.
And anyone will be able to connect their wallets and make a swap and automatically create it for swaps with the points.
These points in the future will be converted into NFTs and will give way to voting in the DAO.
This means that every user who has previously made swaps will have a unique collection of NFTs and they can vote in the DAO. Vote for issues such as project development, conversation of NFTs and other things.
Thank you. Thanks, everyone. We've been having an AMA with a little bit of technical difficulties with the co-founder of kinetics.io. And this is Steve. I'm the head of BDS at our network.
Before we wrap up, is there anything that you'd like to touch on, Tigran, that you'd like to share with the rest of the audience?
Well, now we're preparing for the launch of the new version of the improved flash gate. And I hope next month in the March, we already will make an official announcement about this.
And I hope the community and all our partners will push for this news and join us.
Thank you so much for that. And this has been, again, a joy to connect with you and to learn about kinetics. If Tigran is generous enough, we'll probably take one or two questions.
I think we might have a little bit of a shy audience today.
Well, if there aren't any questions, we'd like to wrap it up when we'd like to thank our speaker today, Tigran Bolshoi, for sharing his time and insight and experience into scaling kinetics.
We look forward to supporting you guys. And you guys have been a great partner of ours. We look forward to the new announcements coming up with the new versions.
So thank you, everybody, for listening in today.
Thank you for your time.
Okay. Okay. Thanks, everyone. And stay tuned for the next AMA. Okay, bye now.