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Starboard Onchain Roundtable
Recorded: July 3, 2025 Duration: 0:41:57Space Recording
Short Summary
In a recent roundtable discussion, leaders from River, Superb, and Rollx shared insights on their innovative projects, upcoming token launches, and strategic partnerships aimed at driving growth and user engagement in the DeFi space. With significant trading volumes and user adoption, these projects are set to redefine the landscape of decentralized finance.
Full Transcription
Music Thank you. Thank you. Music Thank you. Hello, hello. Welcome, welcome.
Welcome, welcome.
Okay, there we go.
Sorry, the music took a second to end.
Of course, welcome, welcome.
I see a lot of familiar faces in the audience.
Thank you for taking the time to join us today for a starboard roundtable.
join us today for a starboard roundtable. I am Weather Boy from Galaxy on the community side.
Many of you know me, of course, already. Today we have three lovely guests from River, Superb,
and Rolex. We have Hudo, Michael, and Danny. I just want to say thank you to them for taking the
time to join us.
Let's start with just a few introductions.
We can go down the line just as I read it out.
So we can start with Hudo, go to Michael, and then go to Danny.
So Hudo, feel free to give a quick intro to yourself and the River Project.
Oh, hey.
And thanks for having me.
So this is Hugo, Martin R. River.
So we are building a cross-chain security system that connects assets, yield, and contributions.
I would want to highlight the code module as OMICDP.
What it means is, as a user, you can deposit your assets on a source chain and mean over or over
culturalized state coins that you see on any destination chain there's no bridges
no friction and a power by the early rule and right now river is already live
on a process change integrating with over 20 plus app and we got 200 million
TVO and 16 million that you're in circulation and nearly 700k users onboarded in past years.
So happy to be here and share what we have been working on.
Thanks.
Amazing, thank you for the intro.
And let's go to Michael from Superb.
Feel free to give us a intro to yourself and Superb.
Perfect, you can hear me fine, right?
Yeah, you sound good.
Awesome. Yeah, so Michael, I'm one of the co-founders of Superb,
formerly known as Vanilla Finance.
Just a little bit about myself.
I've been in the crypto space since 2013.
It's quite a while for me.
So we've been building out superp now for roughly
about two plus years we're essentially perp decks that are heavily focused on memes
we offer three kinds of products first product is no liquidation perps this product is first of a
kind in the industry it's uh up to 10 000x leverage with no liquidation. Without going into too much detail,
usually that raises a lot of eyebrows when we say no liquidation, 10,000x. But we figured out
a way to kind of innovate perpetual products to offer this kind of new and exciting product.
We have roughly around 6 million users that have used this product.
We've done about 38 billion USDT worth of trading volume. And then we have two other products. One is MemePerps. It's essentially a combination of staking and also long and short meme coins that
are essentially launched within the market.
And then the third product we offer is Alpha Purps, which essentially is us offering perpetual
on any tokens that launch through Binance Alpha or Binance Booster.
That's a quick intro to Superp and glad to be here.
Amazing.
Quite the background.
And yeah, no, definitely those numbers would raise some eyebrows in interest for myself in particular. So very cool stuff. It sounds like you guys are working on and excited to chat some more. Finally, last but not least, Danny from Rolex. Feel free to give us an intro to yourself and your background.
Sure. Thank you for having us. So hey, you guys, I'm Danny, co-founder of Roax, where BTC5 focused perpdax. Actually, we started out everything on BitLayer ecosystem as the first BTC native perpdax. And now we're building full speed on base. So really, really happy to be teaming up with Galaxy for the Startboard campaign. It's really a fun way to get the community involved, both on-chain and off-chain, and
make sure that the right people get rewarded for showing up and contributing.
I won't explain too much details on the product side, but actually we're providing high leverage
trading for users.
So far, I think people love it, and we're still going to extend our product features.
Super looking forward to the future.
Thank you so much. extend our product features. And yeah, super looking forward to the future.
Thank you so much. No, I appreciate the detailed explanation.
I'm very excited to get a chance to hear more for sure.
And today though, of course, we are here
as everyone knows to talk about Starboard.
And so the first question that I will give the rounds on
is why did your team decide
to launch with starboard and first we'll send this to hugo hey so yes we launched this unkind
stop like two weeks ago right so we used to reverse that yes the users And our goal is simple, like we want to reward
those who are really using Earth's over-cultured
as a state point, which is ZUSD, not just like doing social attacks.
We want to reward real on-chain users.
And in the Starboard campaign, we are giving out
like total 10 million real points to users who add liquidity on taxes
because Fich chain we integrated like
bnb chain optron base bob and hemi and we will have sony coming soon uh thanks to galastine for
making that happen and the reason we choose double is quite straightforward i would say
it help us track like first oneained Actions with TimeWay.
When you check on a Galaxy Unchained.board,
you are not just,
so there's a real-time TVO each address provide.
You can also link, there's a TimeWay,
there's a rank based on your TimeWay liquidity.
And the second is, with with this platform we can get more
attention because we like most of us here are first batch of projects focusing on
unctions double i know double they have a social part and on top and we focus in more on on top
part and the third one is like it's really a solid platform so far. Based on our console and data,
we saw we already have 100k people visit the campaign page.
It's quite awesome. But I also want to be honest here,
the conversion rate is lower than we expected,
even we get a lot of attention at the beginning.
But what we are working on and putting more effort now is,
we're working on more application and onboarding process.
By adding those step-by-step guides to help
user means that you see provide liquidity more easily.
When you check out the Galaxy Quest,
we have step-by-step tutorial and page to guide you how to
join the Onchance.board and Minsight ESD provide liquidity.
But anyway, it's a really great opportunity and platform for us
for those projects to initially launch.
It's a strong foundation to keep going from because we have those data
in exposure and official support in exposure from the Galaxy.
From the Galaxy.
So yeah, we think like more project will be like all of us
will be benefit from the setup too.
So that's why we join and launch on Starboard, launch
Galaxy Starboard.
Yeah.
Amazing.
No, I thank you for the detailed answer for sure.
And yeah, I'm looking forward to see the step-by-step process users go
through with everything you're putting together. So definitely exciting. And so I'm going to throw
the same question now. Why did your team decide to launch with Starboard? I'm going to give that
to Michael. Feel free to take it away. Sure. Yeah, I think it's a pretty simple answer.
Yeah, I think it's a pretty simple answer.
You know, I've been working with Galaxy probably since Galaxy has come online, I think 2019.
So I've been working on multiple different projects over the years using Galaxy.
So I think in terms of SocialFi and InfoFi projects, Galaxy is arguably one of the biggest in terms of users.
You know, there's obviously a lot of competition in this space now compared to before.
I think the last bull run, we've seen a lot of other social five platforms pop up like
TaskOn and QuestN.
None of them really kind of dominated the space quite like Galaxy has.
I think we can say that Galaxy is easily the biggest in terms of on-chain users.
I think we can say that Galaxy is easily the biggest in terms of on-chain users.
And then aside from that, you know, recently we've seen kind of a bull run of things like Kaido and Cookie Doll Fun and a few other sort of InfoFi products that have had a lot of hype.
But in terms of the user base that Galaxy has, I think it's just kind of a no-brainer that it makes a lot of sense for them to transition more into the InfoFi side of the business as well.
Since they have the infrastructure, they have the Quest platform, they have everything kind of set in place, that it just makes a lot of sense.
So when it came to us deciding which InfoFi platform we were going to work with,
Galaxy was a pretty clear choice for us.
Thank you, Michael.
No, I appreciate the kind words.
And yeah, I believe it would have been 2020 going to 2021 or right around the beginning of 2021, I believe, that we first started.
So yeah, I appreciate you spending that long of time
with us as well.
I do appreciate that.
Thank you for the kind answer as well.
And last but not least, of course, Danny,
same question at Rolex.
Why did you decide to launch with Starboard?
Yeah, I think this is honestly, you know, a perfect choice for us because we launched
on base about two months ago and got great support from the, you know, the community
there and on the trading volume side and also the base core team.
So we have received a great result so far.
So I think and also we're going to, you know, have our very first
snapshot soon. So I think along with the Starboard campaign kicking off, I think it's a great chance
to get more people and more users involved and excited about what we're building. So we also
just rebranded from RoadX to RoadX. So this campaign comes at the perfect time to spread the
word and to get people aware of the new name and share the bigger vision behind.
We're moving to Word.
So we have been using, actually we have been using Galaxy from day one and we launched several different campaigns with Galaxy team.
And most of them we have received great results.
And we're so happy to try more on the start board, given that the thing is brand new.
more on the Starboard given that the thing is brand new. And we're also going to focus
more on the on-chain part to reward the real contributors and users who have been using
our product and try the product and to trade with our protocol. So I think Starboard and
Galaxy gives us a perfect tool to reward the real on-chain and social engagement. So it
helps us grow the community in the right way
and active, aligned, and here for the long run,
not just for now, for the future as well.
So I'm really happy to try it and to work with Galaxy
team and to engage the users and the communities.
Now, I completely agree.
I think that it is the best way to engage the users and it's super important. And I also want to say I do like the name change. I think that that is a great way to take it for sure. And I hope that it comes off well to everybody new that comes across.
also did at one point a name change as well. Ours was definitely easier for people to digest too
though as well because you still read it the same way but no, I'm right there with you and I'm
looking forward to see how you guys continue to engage those users. And so instead of going right
back up to Hugo, I'm actually going to go for this next question. I'm just going to go from the bottom
up and start again with you, Danny, if you don't mind. And I'm going to ask you the question, what does meaningful community growth
look like to you right now? Oh, sure. Well, it's complicated, but also a very straightforward
question. I think we really appreciate the community members who join,
you know, the campaigns, maybe they spread the news or, you know, they hype them, you know,
they get other people to have a better understanding towards the protocol, the product.
And we really appreciate on that. And in the same time, actually, we would encourage more people
to share like the profits, the performance on the social media and to
showcase that they've been using our product and have received, you know, maybe they have
received great profits from it, from trading. And given that we just launched a 500X, you know,
trading, like high leverage trading. So we're also going to launch like a thousand, you know,
acts very soon. So we want to have the users to literally to try the product and to let
the others know they're making profits through these protocols. So from there, they will know,
have a better understanding and to, you know, to share more thoughts and on the product features
and also to give some feedback directly from the trading experience. So we really appreciate no
matter you're contributing on the social side, like spread the news, or you're literally trade with our protocol and to give us some straightforward feedback.
Maybe it's not smooth enough or maybe you should support more assets.
Basically, we're listening to the users and try to bring the real products they're looking for. So that's the reason why I mean like we really
appreciate the community and try to grow the community and try to engage them
more and to launch the literally the product they're looking for. Yeah.
I completely agree. I think that it is it's super important that we acknowledge
and take into account everybody's different voices that they can
give everybody's opinion matters and i think that these higher level of feedback loops
are a great way to to look at meaningful community growth i i completely agree with you there
and so next actually uh i'm going to go right back up the line of course michael same question
what does meaningful community growth look to you right now sure yeah uh good question so um I kind of want to break this into two two
parts so the first part being the social side of it and the second part being the on-chain side so
when it comes to the social side um it's it's kind of tough to understand the exact tangible things that we can get from it.
Of course, mindshare is super important.
It's what allows your project to have more exposure and ultimately to drive more on-chain transactions.
But obviously, as a DEX, our number one goal is on-chain data.
And recently with DEXs, we've noticed that as an industry
that a lot of liquidity is being kind of dragged into DEXs.
And I think the Solana meme coin run had a big part in that.
And then now the effort that, you know,
BNB Chain and CZ have really put a strong effort on DEX side of things.
And OKEx wallet has played a huge part in that as well.
So what we're kind of noticing is that DEX side of things and OKX wallet has played a huge part in that as well. So what we're kind of
noticing is that DEXs are finally having a part of this industry, whereas before DEXs were kind
of this like gritty degen area that most of the industry didn't touch. So I still think there's a
long way to go for DEXs. I think that one of the big things that's lacking is like institutional
liquidity, just because DEXs are obviously the best choice to go for thatXs. I think that one of the big things that's lacking is institutional liquidity,
just because DEXs are obviously the best choice to go for that. But I think as the industry kind
of changes over, I think that DEXs are going to have a pretty large percentage of market share.
So for us as a DEX, one of the most important things is obviously trading volume. As I mentioned
before, we've done about $38 billion so far in about nine months.
We ranked number one in terms of ton chain, in terms of trading volume.
We were the biggest, and now we are one of the fastest growing on BNB chain as well.
On DAPE, I think we're ranked in the top three.
But in terms of fastest growing DEXs, we are number one, both by users and by trading volume.
So using the Starboard to, you know,
kind of dig deeper into that data and really understand
where those on-chain users are coming from
is just a great tool to have.
It's something that we could build out ourselves.
But of course, you know,
using Galaxy, Starboard
and doing the campaign and everything
together just makes it a lot easier and a lot more sense. So yeah, for us, I think really the
Unchain stuff on Unchain data side is super important, which secondly, the Mindshare stuff
obviously plays an equal as important part. No, I definitely agree. It's really interesting the different ways that we need to look at meaningful community
growth depending on the product that we have.
So that's definitely an interesting insight from the side of a DEX, for example.
And I do agree that over time, yeah, previously I'd say,
I'd say lesser now that DEXs are looked at
as like the kind of gritty D-Gen area.
I think it's definitely gotten a lot more positive
and I'm really excited for that down the line as well.
Early exciting things like yield, et cetera,
all these different areas of people
that can get involved with
used to be something that was just seemingly only for the underground.
And so I think it being normalized is super important for the future.
So I'm looking forward to what's to come there.
And next, of course, Hugo, same question for you, of course.
What does meaningful community growth look like to you?
Yes, thanks. Agree about like currently,
I guess about like hype and also usage.
We currently prioritize usage more.
That means we focusing user who really
did those on-chain interaction with our set USD,
state coin.
The meaningful goals as DeFi project,
I would say like TVL and also desk liquidity
and also will be our
state coin adoption. On TVO side, I mentioned when you check on DeFi Lama and check on our
latest three, you can find we already passed like 200 million. That's huge growth in the past month.
And also on DeFi liquidity, we already have like 2 million on DeXs, across like BNB, Arbitron, those five chains.
And the setUSD integrations,
like we already have a 20 plus app.
On BNB chain, you can saw like Pando, PancakeSwap,
Segment, Sound of Lending, already integrate setUSD.
So we already see like this many adoption
and usage on setUSD.
And now we just need to expose yourself
to that more people know,
hey, there's a new over-culturized deep coin
allowing you to mean at 0% interest
and allow you to stake for around 10% APR.
Another side, I mentioned like we are building
a security system, like code module is Omnist AP,
which is set just
but we also have another product it focuses on more social engagement type which is called river
for fun in short way i will say it will be like a bmv aversions kaito the kite on bmv i would kind
of list kind of say but it's more permissionless because we include more Mincoin and project
and focus more on BNB ecosystem.
We allow users to connect their apps and tweet about the project they supported,
like those projects they already launched on BNB chain.
They can join our river for fun,
and we're going to reward those users with our token.
And also they can stake those mint coin
and those BNB chain token to earn our river points.
And it's going to convert to river token when we TGE.
So that's the two sides.
But back to the question,
the more, like in current stage,
I will say like in crypto, like social influence and hype art, it's also very, very important, but not at current stage.
But current stage, we focus on usage and adoption, and we already have like a significant growth in past two to three months, I will say.
I will say, yeah, but we already saw like there's a lot of vision because we kind of a new stable coin.
We need to like advocate the user about how our liquidation mechanism and how we maintain a pack
and how you can earn from our stable coin, why you should hold like set your scene data off like regular or or mainstream
state code like USDT, USDC. So it's kind of learning process for us as well. But I think
we are heading in the right direction. Yeah, that's it. That's it.
No, of course, it is a learning process. And I feel like it always will be as people,
feel like it always will be as people, communities, and, you know, just people in these online
spaces, they do change and adapt as well. And it's important that we are constantly working
on improving these things. So I can definitely share that sentiment with you. And I think that
that kind of meaningful growth is really important. So I do appreciate that answer. Thank you.
I'm going to move on to the next question. And I'm going to do the same thing.
I'm going to go right back to Hugo,
and then we're going to go back down the line again.
Hugo, keeping the question on to you,
let's ask you the question, how are you using Starboard
in your campaigns right now?
Oh, yeah.
So I want to start with why we're going to use Galaxy first.
I think we launched on January of 2024.
We already started 30 class on Galaxy.
I know Taito said you see activity,
like minting, staking, providing liquidity,
like five chains.
That's a great tool and platform allow us to onboard users.
We already launched like 30% of the class.
And currently, the start board we integrated, we're focusing more on on-chain tasks.
So users, for those who can join the campaign on 5chains, like BNB, Optron, Base, Bob and Hemi. The tax is quite straightforward. Your asset, you see liquidity on taxes.
And what's that board help us is they track your wallet
and activity in that just about like social tax.
And like I say, there's a time way.
There's time way.
It kind of measured how long you keep your liquidity in.
So there's a time-waste scoring system
for us to filter and adding more,
like highlight the most important user
for help us grow the DAX liquidity the most.
And with this Starboard, Unchained Starboard,
kind of like adding credibility for users because you will clearly
see how you score, how you rank on the starboard.
So everything is visible about your wall-e actions and where you stand on the leaderboard. It's clear, fair, and transparent.
In short, the Starboard system helps us reward users
who actually participate in SetUSD usage and adoption.
No, I think that's a fantastic way to utilize Starboard.
I think it really aligns with your answer towards what meaningful community growth is. So yeah, I'm definitely looking forward to seeing what else you guys do get up to as well going down the line for the future. So moving on to Michael now, same question, how are you using Starboard in your campaigns?
Michael now, same question, how are you using Starboard in your campaigns?
Yeah, maybe I'll go into kind of talking about how the challenges that a DEX that's focused on innovation runs into.
So Rolex also mentioned that their leverage is up to 500X.
So there's not a whole lot of platforms that offer that type of product.
platforms that offer that type of product. I think the biggest one in the industry before I
knew about Rolex was maybe like hyperliquid with maybe 100x on some pairs. So with us,
our product is incredibly innovative, right? We offer up to 10,000x leverage. And so for us,
one of our biggest challenges is kind of the onboarding process and the education process behind our product.
Because although our product is very lucrative, it also requires users to understand how our product works before they use it.
So I think Galaxy is a great channel for doing this kind of thing, for hosting campaigns,
is a great channel for doing this kind of thing,
for hosting campaigns,
having users come into our community
and asking, you know,
how does your product work?
I want to complete the Galaxy task.
I'm not quite sure how to trade on you.
And so we've seen a lot of that in recent,
basically since our campaign went online
about a month ago,
we've seen probably a pretty big influx of users
coming in and asking, how does our product work?
So I think that this is a great way to get the conversation started in the community.
It also helps older users to step in and kind of take a community initiative to all sort
of brainstorm together of how to use our product and how to win using our product.
So this is a great thing to see for sure. Aside from that, you know, of course, new traders,
new users is always a wonderful thing that I think any project enjoys. So, you know, our campaign,
we did have pretty difficult tasks on our campaign. We had it kind of structured in a way where we had like deposit and then trade,
and then we had a larger deposit amount and a larger trade amount. So this way users were able
to basically rank up through the leaderboard depending on the amount of money that they
wanted to invest. So although I think our campaign did not perform well as another starboard due to their task being maybe only social focus.
But I think that overall, some of our goals were met through this.
No, I think that I really resonate with your mention of the users coming together in these
kind of instances and thinking, well, how can we win through using this product?
And it almost does create a cycle when you have new users coming in with these more difficult tasks, which I think are great.
I think that's fantastic. I think more difficult tasks are better.
Better it creates a better experience obviously not too difficult. We don't want to push people away
It creates a better experience, obviously not too difficult.
but I do really enjoy your outlook on
Kind of how these campaigns and the utilization of these campaigns can benefit the overall health of your community
So definitely feeling the same on your answer there. Appreciate that Michael and moving on to Danny same question
Of course, how are you currently using Starboard in your campaign?
Sure.
Actually, for now, we're tracking users, social engagement,
and, you know, as what I said,
like helping others to understand our protocols,
you know, spread the news from the official channels.
But more importantly, we're also rewarding the top 50 traders.
So during a campaign with 200k worth of the future token.
So actually, we did launch some small campaigns to reward the users, like the normal users.
But also, we want to try to emphasize more on the top traders on the platform.
So actually, it's going pretty well.
Actually, I think the top trader right now on the starboard
has already passed like $150 million in trading volume during the campaign period.
So and honestly, I think he's going, he might break $200 million pretty soon.
So I think it's really engaged the users in a pretty insane way.
literally engage the users in a pretty insane way.
So I think it's a really, really great thing for us to see
for being using like on-chain,
you know, Starboard to track users' behaviors.
And also we launched some daily, you know,
daily quests to reward users to trade with the protocols
with maybe small amounts of the trading volume.
We've also been rewarding them,
but for this campaign,
we might emphasize more on the top traders. Echoes to what Michael just said. Actually,
we see that BTC per trading dominate the markets so far. So we do support users to use BTC native
assets or Ethereum native assets, like EaseSD, to trade on the platform or to earn
yields from the trades because the counterparty, like the RLP holders are playing the role as the
counterparties of the traders on the platform. They'd be able to earn the trading fees from the
trades. So I think this is kind of like, we might have, we might go into use the software to track users who've been, you know, stake assets to earn,
use or to be playing a role as LPs on our platform very soon.
So for now, we are more focusing on the top traders.
And so far, it's kind of like a great results from there. Yeah.
No, that's amazing.
And part of your answer that I really like is just kind of the excitement
around being able to think of this process in the way of like, right now, we're going
to take a closer look at this. And this has been valuable and very positive. And later,
there might be a different angle. And just opening these different avenues, I think is
a really fun aspect to see in the InfoFi area alongside questing etc. It's just really exciting
and yeah that single trader that's pretty crazy as well. And so continuing on actually.
Well actually he's also very active on social so we really appreciate these kind of like users on
the platform because they provide they actually trade on the platform on a daily basis and they also provide some feedback from using the product
and also share some thoughts and, you know,
like profits earning from the platform on social.
So we're really looking forward to onboard more users like him,
you know, and also actually everything starts
from the Starboard campaign.
So thank you, Galaxy, for, Galaxy, for all the help and support.
Amazing.
No, I'm so happy that that's been such a positive experience for you.
I hope we can help to find you more users like that specific guy in general.
I'm going to keep this next question, because it is the last question,
going right on to you, Danny, of course.
What's next for your community, and how will Starboard support that?
I know you have partially given a little bit of that answer.
Yeah, actually, we've seen solid growth so far on base
or from launching different campaigns.
So right now we have over 100 million in daily trading volume
and still growing.
And also on base, actually, we do have 34 million TVL,
which is kind of leading the whole Bayes derivatives platforms and the actual traders
surpassing a thousand. So I think we see a very promising growth potential here on Bayes and also
been building the next generation perp decks with launching high leverage
trading for the users. Moving forward, we're going to announce the date of our very first snapshot,
which is going to be a very big milestone for the community and for us as well. So I think we're
also considering continuing to use Starboard maybe after the first snapshot or maybe after TG as well so i think we're also been considering continuing to use starboard maybe after the first
snapshot or maybe after tg as well to keep you rewarding the real contributors and you know keep
the momentum going amazing i love to hear that and i'm looking forward to it thank you for your uh
very detailed and uh very passionate answers i'm super excited to see what comes next from RollX.
Michael, same to you, though.
What's next for your community, and how will Starboard support that?
Yeah, for us, the big thing is definitely TGE.
So we're very deeply in the process now of getting all the things finalized for our TGE.
very deeply in the process now of getting all the things finalized for our TG.
We've had had some delays, some due to, you know, market stuff and also others due to us,
you know, raising more investment and increasing our FTV, all very important things
when considering TG. But, you know, we've made huge strides recently in terms of our preparations for TG.
So we're very close to giving the community the final information regarding this.
And we're pretty excited about it.
We've had great conversations with a lot of the top exchanges, top launch pads.
So, you know, everything's moving very, very well with that. So now we're
kind of just very much in tunnel vision mode related to TG. That's our big focus. And that's
what we will be focusing on for likely, you know, the next month. So I think that that's really our
big goal. There are some things that we will most likely work with Galaxy on related to RTG.
Won't announce it publicly here, but I'm sure you'll see it on Galaxy's timeline and ours too.
Amazing. No, thank you.
And definitely anything TGE related is very exciting and looking forward to whatever we can cook up together with you.
So thank you for that.
And of course, last but not least, you started us off and let's end it off with Hugo.
What's next for your community and how will Starboard support that?
Okay.
So I would say the current situation on the Starboard right now is most TVO come from few top address. When you check out the Starboard, the first address will provide over 1 million
liquidity on DAX. But most address, 90 percent are around $1,000. Based on the situation, what we continue to do is basically increase more address.
That means we maybe lower the tax version,
like people can join with very small amount to join.
Because we found most liquidity still provide by few top address.
But those small amount address can also like help increase adoption
and engagement and on-chain transaction that's a good good also good traction for us and so next
for building this kind of traction we're going to add in like a because we focus on more like
death liquidity so we actually already adding USDC step coin incentive
on top of Riverpoint.
So some LP on DEX actually seem like 200% APR
by providing stable coin liquidity on Pancake, Uni,
Sushi and Shadow.
That's what we run.
When you scroll or Twitter and you check on Merkle,
we actually incentivize that liquidity with USDC.
So you are farming a stable reward with your stable pair.
That's quite attractive for users.
That's one thing, we added more incentive
for users to provide that liquidity.
Also, we're going to
more big partnership integration for ZUSD.
That means you will have more use cases and scenario
to getting yield by holding this dip coin.
So yeah, that's the direction we are heading to.
Yeah, that's it. Amazing. No, thank you. I appreciate the very
detailed answer and I'm looking forward to what's coming next for you guys as well. And with that,
that is kind of the end of the questions for today. I just want to say thank you, Hugo,
Michael, Danny. It's been fantastic getting a chance to speak with each of you.
I can feel the passion and the excitement.
And I do appreciate you taking this journey with Starboard in particular, and we all do at Galaxy.
To everyone listening, thank you for taking the time.
I see a lot of the usual suspects.
Of course, you guys know we'll be back soon with another fun and exciting live.
There is always more to come.
I urge all of you to go and check out the amazing starboards and campaigns of the three guests today from River, Superb, and Rolex. Thank you. There we go. Just wanted to make sure I had that nailed
on. Thank you again. We will see you next time. Have a good one. Thank you. Bye-bye.
Thanks for having me. Thanks.
