Thank you. Thank you. Hello, everybody.
Let me just check if this works.
I had to leave and rejoin real quick.
All right, I got a thumbs up from the Stacks account.
It seems like things are working and running
maybe the advisor just check with you if you can hear me or if i can hear you yes yes again
fantastic i can i can i can i can I just have to quickly do a quick cough
means that we're complete. I mean, more
But yeah, episode 92 of the
Stacks DeFi Show. It's great to
be here, the place where all the DeFi builders
and Stacks come together to chat about all the latest developments,
everything that we've been working on, and more.
Of course, hosted by the Stacks handle,
but it's just our space to discuss some things
and to share some of our thoughts.
The only thing that the friends at Stacks ask us to say is obviously that everything
we say or everything that's mentioned here is for informational purposes only and should
not be considered financial advice.
And yeah, without further ado, maybe let's do a couple of quick intros.
I mean, it's just me and the advisor right now, but happy to go first.
I'm Tycho, co-founder of Zest Protocol, which is the largest DeFi protocol on Stacks in the main lending and borrowing market,
where about $80 million of assets are parked currently.
And yeah, where you can earn up to 5% yield on your SVTC.
So consistently ranked as one of the highest yielding places to
earn yield in your BTC, which fully comes from the consensus
on Stacks. But yeah, the advisor, do you want to
go next? Sure, so I'm the advisor.
For those of you that don't know me, I've been working
as a marketer within the Stacks ecosystem for a while now, mainly with Zestack in DAO.
And also, I actually play content about Bitcoin L2s and DeFi and what's happening with Stacks.
Brilliant. Brilliant, brilliant, brilliant brilliant and you know as we're doing this now i am kind of mid-flight
testing the the the the new v2 of this that's going going live uh very soon and um and yeah
there's more more exciting things things in the making right of course with the usdc launch on Stacks, which is coming very soon.
And then also the Bitflow, HODL, MM,
and the Hermitica HPTC launch.
So there's a lot of things that are going to be launching quick succession.
Most likely going to start next week.
So yeah, we're really putting the final touches to it.
As the advisor was doing his introduction,
I was just editing a couple of numbers
and making sure that TVL numbers are rounded up
to the right decimal in the new V2 UI and so on.
So, yeah, I can't wait to get your hands on this too.
But yeah, so we're very mid-flight, very much working on it as we speak, even just a minute to go.
But yeah, so that's, I think, one of the very exciting things that's going to hit the ecosystem.
that's going to hit the ecosystem.
And yeah, the advisor, any exciting things
from your side to share for the past week?
I mean, like apparently a big way
of stake on StakingDAO native pool in these past few days,
we're also getting closer to
It was 2 million SDX or something, right?
Yeah, I think it was closer to
and yeah, we're getting closer
big protocols for example I've seen
that Biflow has announced
and about what's happening on stocks
and I guess yeah it's about having a
bit more patience and that's it yeah no absolutely i think that's that's right i mean next week we'll
we'll start seeing a lot of these a lot of these things and um actually one thing that we
i forgot to mention but it was like a huge, huge milestone of last week. I actually wasn't aware that it was, it happened as close as, uh, as five days ago.
It was, but it was that we on, on this protocol, we, um, we passed 600 SBTC mark.
You know, it already seems so normal to have so much SBTC on, uh, deployed on, on Zest
protocol, but, uh, um, but yeah, it's, uh, it's not, of course.
So five days ago, I think we just jumped over 600 SBTC
on Zest Protocol, and I pinned a tweet here,
the announcement tweet here on the left,
and let me just check what the amount is today
because it keeps going up.
It's 658 SBTC, so Bitcoins.
So yeah, that's a very impressive number.
And, you know, a lot of time in the making.
But, yeah, any thoughts on that from your end?
Yeah, I mean, it's an extra 60 SBTC since last week, basically.
And I guess it really reflects, like, how good the yield is on Zest.
You get 5% on BTC, paid in BTC, I mean, via BTC, but it's like native yield.
And there's not many, let's see, protocols.
Oh. field and there's not many I see protocols oh wait can you guys still hear me um because I can't hear the advisor for a second yeah sorry somebody somebody called me and I just said to decline okay yeah but yes I was saying
like there's not many protocols that can offer that kind of yield in BTC.
And I guess as people realize that,
the more BTC are going to jump into Zest.
Yeah, and that's something that's always shared
by the guys at BTC Yields, right?
Like Jacob there, who has these kind of daily overviews of like, how is the BTC yield, BTC at BTC Yields, right? Like Jacob there, who has these kind of daily overviews
of like, how is the BTC Yield, BTC on BTC
across all the different protocols?
And, you know, Zest Protocol is routinely like,
you know, the top mark there,
especially on the BTC on BTC side.
So it's a bit of a unique moment where,
you know, just of where we are right now in the adoption phase of Stacks
that, you know, there is about 5% yield,
which just comes from Stacks consensus, right?
So this 5% yield of SBTC on SBTC on Zest is not,
it doesn't come from lending currently or anything like that.
So you can just, you know, supply your SBTC,
have it sit there and get the 5% directly from stacks.
So yeah, so those milestones keep coming in
and it looks at this rate will soon hit 700.
So yeah, very excited for that.
And yeah, Martin is here as well.
Good morning, guys, GMGM. for that um and yeah martin is here as well how's it going martin uh good morning guys gmgm um good morning from sydney it's uh quarter past two in the morning here i'm i'm having a macchiato
i'm sure the advisor would approve of my choice in coffee i'm not too sure if it's my uh first
coffee of the morning or my last coffee of the day um
did you just wake up or have you been have you been have you been staying up all the time
yeah i know i sleep when i can uh it's a crazy time zone to be in um but um uh yeah i i normally
go to bed at three three or four a.m and sort of get up at 9 or 10 a.m.
That's kind of my day these days.
But, yeah, just a quick introduction.
First, my name's Martin Taylor.
I'm the founder and CEO of Not A Strategy with the ticker Nasty,
a Bitcoin meme coin on Stacks.
We actually run a real Bitcoin treasury.
We try and mimic what the big guys do,
and we try and amplify the benefits of running a Bitcoin treasury on Stacks.
And of the 600-odd Bitcoin that are on Zest at the moment,
about two and a half of them are ours.
And look, we've just completed two cycles
of the dual stacking reward system.
I think we're closing in on three Bitcoin now.
We've got about 2.8 Bitcoin on Zest and on Granite.
We are earning just under $1,500 a month in income in Bitcoin.
And for a small meme coin with a market cap of, think our market cap is 180,000
combined across Stacks and Solana. We're listed on Solana as well as Stacks.
That's the gross cash flow of 18,000 a year. Puts us on a gross price
earnings ratio of 10. So the good thing about one of the messages
I'm trying to get across is that once you start,
not only have Bitcoin on the balance sheet,
but once you start earning Bitcoin
through the income statement, you know,
through an operating business like DeFi,
then valuations, you can start using, you know,
discounted cash flow and other TradFi evaluations like price earnings
ratios and all that, which then you tend to lose the Ponzi stigma.
And I think that's, especially for smaller Bitcoin treasury companies that aren't getting
into the preferred digital credit markets.
I think earning operating income
from something like DeFi on Stacks is a very doable
and will be an important source of income for them
So yeah, I just wanted to flesh out those numbers.
It was coincidental last week we made an announcement
that we have set up a reserve to make sure we have money
to buy dips when that happens.
We call it the BTFD reserve, buy the frigging dip.
So you have a buy the freaking dip reserve?
So we've got a US dollar C reserve because, I mean,
one of the issues that plagued some of the Bitcoin
treasury companies is, you know, they went in all swing and bought a lot of Bitcoin above 100,000.
And now they've gone a bit quiet.
And I think having a, you know,
putting a reserve aside where you have US dollars, USDC in reserve.
So not only have you got a cushion for your...
And you got these reserves from selling the Nasty token?
Correct. Yes. So we sell the Nasty token. We still got...
Again, we try and mimic exactly what Bitcoin Treasury Company is doing. So yes, our main
source of funding over the last six months, City Launch launched has been selling our token into the LPs on both Stax and more recently, more
And as that dries out, as we have nearly allocated all our capital, once again, income from DeFi operations, you know, rewards is becoming more and more important
for us as a source of increasing the amount of Bitcoin that we hold.
But yeah, look, we announced the reserve and then four hours later, Sale and Strategy announced
that we're doing a US LSE Reserve as well, which is quite funny.
Their reserve, obviously, is to put money aside
to pay for the preferred dividends.
Our reserve is to put money aside to pay for Bitcoin
when it dips to make sure we're able to continue to buy.
So that's the difference.
But we went into this dip and I haven't spoken to you guys since we had that huge dip down
And we went into that fairly well, too much leverage, to be honest, and we had to scramble a bit.
And one of the things we used Zest to do was we overlaid our position with a short-term,
So we borrowed Bitcoin and then sold it for US dollar C. And that cushioned some of the
We converted 30% of our loan into Bitcoin and wrote it down.
So that was an interesting strategy to put into place.
And it's something you can do on Zest.
And the other source of income we've had is we've been running quite a big loop position position in state STX BTC and that's earning about $15 a day for us.
Yeah, and that wasn't a bad strategy.
It weathered the downturn really well. obviously you're borrowing and you're long and short in basically the same
the same security or the same token ones that the native token once the
liquid staking token yeah they obviously should move in you would do it
together so exactly so so that that worked out quite well and it's become, you know,
it's just a steady earner for us.
You lose, we're down a bit on the unrealised loss on the 20%
of equity we have in the position as tax has fallen down a bit.
So, you know, the jury's still out on whether it's a great strategy
We'll give it a year or so and see how it plays out.
But at the moment, it's quite lucrative because you can borrow at 1.4%
and then we borrow the stacks at 1.4%.
We convert it into state STX BTC
and then we earn 8.2% paid in Bitcoin.
So you look that at the price,
and you end up getting about 18% return in Bitcoin
on the 20% equity that you have.
It's a perfect use case for a possessed protocol
Which is like, you know, to borrow SDX and in that way,
you know, do a bubble yield on state stacks, state stacks PTC,
which will be possible at much larger scale also in the V2 of the Zest Protocol market.
So, yeah, quite excited about that.
I just wanted to quickly go to Diego, who just joined here.
What do you have for us on the bit further side?
Man, we've been going heads down for months now.
I don't even know what day I woke up and it's
Christmas. But I'm Diego, co-founder, core contributor to the Biflo protocol. We're Dex
and Dex aggregator. As many of you knows, we have been months now working on the concentrated liquidity engine on Stacks, on Biflo, which is HODL, H-O-D-L-M-M.
And we're all moving towards a future where we believe the Bitcoin capital market is the reality.
And this is a much needed infrastructure you know better markets
you know needs better engine which needs better infrastructure and DeFi on stacks deserves this
as well liquidity yield so with the upcoming hodl we're very close to it we're doing our best to
also align with USDXC which which is important. As we all
know, Bitcoin and stables are the two most traded assets by far. USDCX on stacks is huge,
especially USDC being the leader in stable coins. So one needs the other. One feeds up
into the other and we're doing our best to build the deepest possible liquidity of the lowest fees and lowest slippage per Bitcoin and USDC, which I think will be a big unlock for the whole Bitcoin ecosystem and Bitcoin DeFi.
As part of that, last week we launched B BFF Army, which is a community-powered educational hub.
And this is where we are launching boot camps, guides, videos, and just general DeFi educational content created by the community for the community.
the community for the community. Shout out to many of the instructors, some who are on this call,
including GP, Peace, we got Jack, we got a whole lot of really awesome people that are taking a
lead and just teaching people. One of the focus is the HODL because the concentrated liquidity
does require a little bit more attention, you know, managing liquidity. There's also many of
the benefits of being able, of having the flexibility to add liquidity in different,
with different strategies, different distributions. So it's a whole beast. It has a lot of
buttons and a lot of, you know, ways, and we're trying to do our best to make it easy,
to make it visual, to make it visual,
especially with a visual tool. So if you have been in beta, you know what I'm talking about, but being able to shape your strategy, being able to drag and drop and just kind of
make it easy for retail as well. In the back end, getting a robust SDK and API so institutions can come in and plug in and start their market making journey.
But the BFF Army is now live.
We do have upcoming boot camps in Spanish.
Shout out to Angel from Stacks Latam.
We have boot camps in Portuguese.
We have boot camps with the Dog Army.
We just had one on Saturday with Sam from Stacks Africa Labs.
We had one yesterday with Peace.
And we're going to continue having these live boot camps where users can learn how to LP,
learn the basic DeFi fundamentals as well, learn and master HODL MM,
or the concentrated liquidity strategies,
position managing, management, opening, closing positions, calculating earnings and all of that.
And this gives users access to a private Discord channel as well, which we're calling it BFF Army,
where people can share strategies,
share guides as well. And there's a lot to come. We have a full self-guided on BFF Army. I try to pin up here as well, which you can follow. We do have our beta, which you can come in and play
with dummy tokens right now. It's live on main at the beta. So, you know, this is a good way for people to get a head start
and get used to the new UI and get used to the new,
you know, to the future of Bitcoin liquidity.
Awesome, awesome, awesome.
And yes, I'm getting close there as well.
When we just started the show, I was sharing that we are,
you know, in the final touches of the Zest V2 market.
But it sounds like, you know, the same goes for the new Bitflow.
I think we're all online as an ecosystem trying to bring all the necessary tools, infra, products, and also content to, you know, to make a splash.
Uh, I think we're, we're ready for it.
And, uh, I know we can compete head to head, uh, with many other protocols and,
uh, we have the speed, we have the people, we have the community.
Um, and now we have the tech, so it's pretty, pretty awesome.
Very important for everything, really.
I mean, also for processing liquidations on Zest Protocol,
for facilitating swaps between STX,
just for really up-leveling the,
or leveling up the liquidity in the ecosystem.
And I see you just shared it above here as well so um
um joining the bff arm to um to get testing so i know the advisor you've been testing the bitflow
hololay as well already i i haven't had the time yet but uh any uh any feedback or any thoughts for the people that, you know, your first impressions?
The version is also an instructor.
So, I tested multiple times the new product.
And I think it's pretty cool because they make it easy
for the average user to deposit in a pool.
Basically, they ask you, do you want to deposit in three different options?
So like free distribution, but basically you select the one that you want,
but you select the amount you want to deposit, and you click supply.
So they really simplify the whole experience of the concentrated liquidity index.
And yeah, I mean, this is good for the liquidity providers.
And from a user perspective that just wants to trade,
I think we all know that concentrated liquidity
can offer like less, I mean, better trading experience
but yeah, let's put it like this
overall it's a better experience for both
yeah, brilliant, and I guess
you're speaking with trading as well, I mean
it would have been great if Rupes was here.
I'm not sure if I see him in the audience.
I mean, I do see some Leo cats are very, very well represented as always.
And, yeah, rocking the Leo cats.
But, yeah, Leo has been on a bit of a mini run the past days.
It looks like it's, yeah,
Leo is currently the largest meme coin on Stax,
And yeah, it seems like the cat has been waking up.
There were some people also in the Leo Discord,
some new holders who were quite excited about Leo
and sort of drawing the parallels between Leo,
the cat on Stax and Toshi on Base, right?
Which is Brian Armstrong's cat, right?
Brian Armstrong, the founder of Coinbase.
And I think Toshi on base is like,
well, it's definitely over a hundred million, right?
Yeah, it's like 173 million or something
Of course, very different ecosystem,
but yeah, it seems like Leo is bringing
some new people onto stacks,
which is always great to see.
And that individual in question I connected with a bit more on Discord
and shared that he had accumulated about 1% of supply,
which could see on STX tools, right?
The place where you can check all the information,
You can check all the information, all the Stacks addresses and stuff like that.
all the stacks addresses and stuff like that.
And yeah, he also splurged 500 STX on getting one of the Ninja Leocat NFTs.
So yeah, it seems like that's a great thing to see, right?
Because, you know, being kind of heads down building and obviously not, well, past months
is not as though like that many people have been pouring into the ecosystem.
So, yeah, it's really cool to see when people kind of recognize certain parallels and, you know, take positions and, you know, put their money there.
But, yeah, Diego, what do you want to say?
Now, Leo, shout out to Rubes, but Leo will be the first Stax meme coin on HODL MM.
It'll be on the new concentrated liquidity.
So you're going to be able to trade Leo to SBTC, I believe.
I think everything being paired to BTC is much better.
This is the Bitcoin capital markets that we believe in, right?
And then we also have DOG, which is going to be the first runes
on HODLMM on the concentrated liquidity as well.
And we actually have upcoming boot camps.
I think we have an upcoming boot camps
with Rubes in the community.
where we can teach people
how to use the concentrated liquidity
because with meme tokens,
the volatility is pretty awesome to play.
in a concentrated liquidity.
You do have to manage more often.
You do have to move your positions.
But those that are fast under trigger or fast under fingers will definitely make more bang for their buck, better yields by providing liquidity and following the volatility.
better yields by providing liquidity and following the volatility.
So the volatility has become sort of an important play of how you distribute your tokens,
different shapes, and the meme tokens makes that very explicit, where maybe a stable coin,
you know, it's not really moving that much. So there's a very tight range.
The bins are very compact as well in terms of spacing you know maybe one basis points or 10
basis points where with meme coins we're probably going to have 25 basis points 50 basis points
different bins from each other and bins is where you hold the price so that's kind of where you
set the price in terms of an order book so yeah that'd be pretty fun seeing Leo and dog as one of the first tokens
for people to play around with it. I think this will show the stacks community and the meme
community the power of concentrated liquidity because I think one of the issues that many
meme tokens face is liquidity depth, right? And with concentrated liquidity,
we have a much better use of liquidity.
So 10X, 30X, 40X, 100X, whatever it is,
but just 10K, 20K can go a very, very long way
as long as the liquidity is being dedicated
to where the activity is actually happening.
So if you look at any other concentrated liquidity data,
you will see doing 7x, 10x, 20x volume to TVL ratio.
And I think meme coins is going to benefit from that, right?
You don't need a million in DAW or a million dollars in Lio.
You just need a few thousand dollars and you're able to trade
and give liquidity and provide even low slippage or no slippage to users based on the price and
the demand of the market is so I'm definitely excited for that yeah yeah yeah but I'm actually
just writing with with Rubes saying that we're talking about Leo
on the defense show, but I'm not sure
if he's going to be able to
But yeah, that's very exciting stuff.
HODL MN, you know, love to
Hopefully you have a very, very blessed day.
I'm excited for the HotLMM boot camps.
And, yeah, I can't wait to, you know, schedule one
and be able to teach people how to check this out.
It's going to be a lot of fun.
I'm feeling like things are starting to stabilize a little bit. Bitcoin is looking good today too.
Stacks is starting to get a little move and I'm feeling blessed. I'm feeling good to be surrounded by such base builders that are building the change and uh pushing decentralization forward is this this
is the way you know this is what it feels like when we're really early and uh man i i can't i
i'm i'm excited about all the innovation that's taking place right now
yeah no echoing uh echoing that and anything exciting you've seen you've seen on chain we
were just talking about uh you know a little bit this this
leo run of course like there's not sort of so much happening but you know small small moves can kind
of mean mean signal any anything that you've been seeing or that people have been talking about on
on the morning shows that you're doing yeah one thing was the prediction markets. Big market is coming. I'm really excited about that.
Prediction markets on Bitcoin.
There are three different products.
So that's going to be a lot of fun.
Give people something to speculate with, you know, new tools.
And as well as, you know, CryptoNuts.
There's games being built with Unreal Engine tied to on chain action.
So I mean, there's there's tons to talk about right now. I made a video just kind of covering everything the devs were, you know, building together out at Dev Connect and the Stax Hacker House out there in Buenos Aires.
And I must say there there's there are a lot of really exciting products coming.
I must say, there are a lot of really exciting products coming.
I think one thing also that's kind of interesting to see
is that Alex is also going to come out
with their concentrated liquidity decks,
assuming so at some point.
I mean, I uh or don is not
here right now but he's he's been joining more more frequently on the stacks defi shows to kind
of talk about this and um yeah i think that would be that would be an interesting thing to see for
for the ecosystem right if uh if they also come live with their concentrated liquidity decks and
uh um i mean yeah right now when we look at tokens
on stacks you know something like alex is trading at like i think 1.5 million dollar fdv uh was
maybe like one one million a few weeks ago um first thought it moved up in a very long time
of course after the the hack where um that that happened in may june. It's been kind of a down only, right,
from about 50 million all the way to one.
But yeah, I mean, that's currently
the largest project token on the Stacks network.
And then, of course, there are the Beamcoins,
Leo and Welsh and Satoshi AI, of course, there too.
And Arcadeco and uh um many others like you know nasty from martin taylor and so on but um but yeah when it comes to like real big defy
project tokens right there are not that many out there and uh yeah it would be interesting to see
what happens when when also alex starts starts, you know, launches their concentrated liquidity and sort of seeing what that can bring to the ecosystem, right?
Because, you know, things have been a bit on a downtrend.
So yeah, maybe there's been a bottom that we found, right?
So yeah, let's wait and see.
But, yeah, any thoughts you have on that GPS
or you just amuses yourself?
I just think that, you know, you nailed it, right?
Our builders are building regardless of price action.
You know, I'm paying attention to that as a signal, right?
The conviction has not been tested with our builders.
Our builders are just continuing to innovate.
So not paying attention to any of the FUD
and just kind of filtering through the FUD
and the noise to find the signal.
all of the building that is taking place.
Yeah. Yeah, no, that's very much true that um
yeah but I think we should maybe slowly slowly bring things to to a conclusion here I mean we'll
be back next week and then uh then there's going to be a lot to share because that's probably when
uh when we'll have uscc live on stacks or at least being very close to being live on Stacks
And yeah, then I can get back to work
with the final touches to the Zesperical V2
and we can let Diego go as well
to finish up the HODL MM and everyone else.
But yeah, maybe some final words,
final pieces of information you want to share for where people can find you or anything like that.
Maybe the advisor you want to start.
As always, as I always share, like regarding Stacking Down and Zest, all the menus are shared via the Twitter account. So make sure to follow Zaza Stackingdown on Twitter.
While instead, if you're looking for more community activities and want to meet fellow Stacks members,
then make sure to join Stackingdown as Discord or multiple activities around throughout the week
And GPSC Martin, who wants to go next?
Yeah, no, thank you for the spaces.
I think the good way to start BFF Army, BFF.army.
I pinned the post up here.
You can also start doing the self-guided and your own pace.
Start learning HOTO, start learning concentrated liquidity.
From there, you can also access the beta, HOTO, beta, and play around with some dummy tokens before the real tokens are live and get a head start.
Looking forward to boot camps hosted by many of the community leaders, including GP and the advisor that's here and many others as well.
We have another one coming up this week in Portuguese.
So, yeah, I think stay tuned.
Turn your notifications on.
Make sure you're following Biflo.
There's a lot coming next week as well.
And we're only looking for content.
So if you want to create content or collaborate,
there's also a collab button on BFF.army
where people can submit tools or ideas or guides.
And we have a really awesome alert that's being built, alert bot that's being built
by a community member, which is part of the interim grant program that's going to allow
users to receive notifications via Telegram email web hooks and slack so super
excited for that it's going to be one of the first like official tools that works across all ecosystem
but it'll be very useful for the concentrated liquidity as well so um yeah we're building with
the community we're open to feedback uh join the beta join the tg group as well give
me feedback help us make this product better uh and um yeah join you know thousands of um
lps and traders and uh and let's collaborate and let's make it better
Looking forward for the next couple of weeks.
looking forward for the next couple weeks it's going to be pretty pretty insane thank you
It's going to be pretty insane.
We run Nasty runs two X accounts, my personal account, which you can see here.
And then there's a Nasty, not a strategy X account, which you can see in the spaces below.
We've got an active Telegram channel.
We just completed a large zero authority meme bounty.
We had 227 entries and that's one of the benefits where we're putting the DeFi
earnings that we earn back into the community through Creator Content Rewards, so circulating
that money through the economy. And there's a lot of, just a quick shout out,
there's a lot of nasty community members I can see
in the spaces that contributed to that bounty recently.
I can see Franklin there and Marble and Jeannie
So really thank all those guys and girls
for participating in the bounty
and keep an eye out for our next bounty.
And, yeah, soon we'll be going into a building phase as well.
We're really focused on seeing if we can build
a kind of a mean flywheel on top of Stacks DeFi.
There was a bit of activity months ago with all these NFT strategy plays,
mainly with Ethereum NFTs trying to create a flywheel.
We think a flywheel could be better created doing Bitcoin and DeFi.
So we've been working on a few things there
and it was fairly well tested with the downfall we had.
So we're sort of taking all that into account
and just planning things out a bit.
But hopefully we'll have something in the new year to share with you all.
But then, yeah, I'll share some final words.
But, yeah, the past few weeks, these spaces have been a bit more quiet
because we've been very heads down building.
But, yeah, I think next week and the week after that,
we'll have a lot of things to share as we go into the end of the year,
a lot of new things to try, a lot of new things launching on Stacks.
Tycho, I can see Rubes down in the audience there too just letting you know
yeah yeah i see it too i don't think he's he's requested um but um but yeah rubs did mention
that uh going forward he uh he would be he would be joining more more often so then we'll get all
the all the leo updates too but uh but yeah thanks for the heads up there, Martin.
Yeah, but I guess final words, make sure to check out Zest
Protocol, earn 5% on your
StackingDAO if you have any SDX
and you want to stake them.
Yeah, with that, we're going to be back next week, same time, 10 a.m. Eastern time, Tuesday next week. And then, yeah,
going to be going to be working hard on getting Zest V2 ready and then looking forward to share
more with you then. So thanks very much for joining, everyone.
No, it's not the most exciting market,
but great to see so many people staying in the community,
And yeah, this is also a time of great opportunity,
A lot of capitulation, a lot of things are down,
but as you can tell everyone is still
still working still building still pushing ahead and um yeah that's doubling down in those times
is what um yeah what leads to uh what leads to great results and and great character as well
so um yeah looking forward to um to sharing more of that with all of you next week.
And then, yeah, until then, speak soon.