Very good, very good. We are looking to talk about symbiosis today and very excited to kind of get this party started and Gonna ping some of the symbiosis people in the background and figure out how to get them on here
All right, cool. Carol, can you make me a co-host while we're waiting for the Sibio system to join?
Awesome. The team is joining. We're all getting in here. I'm Brian Colligan from Alpha Growth and today we're going to talk about bridges and liquidity and yield farming and crushed
and ease of swapping tokens and moving tokens left and right, nub and down across the chain, new tracks, new opportunities, new bridges, everything along those lines. Alright, who have we got from Sibio? Sibio speaking over here.
Hello. Hello. Hello. Do you hear me? Yes, I hear you. Yeah. This is Diana. Yeah, that's me today. Awesome. Well, I'm very excited to talk about everything going on with symbiosis and I know you guys are
You're moving and shaking, you're moving to a lot of different chains, you're putting your liquidity out there, helping people move liquidity around, get into the bright pools that they want to get into. It would be good to start to just talk about what is symbiosis, how did you get started, and why you guys do what you do.
Oh, so, yes? Do I need to answer it now? Or it's just, yeah. Yeah, I have more audiences here to understand and understand and figure out, you know, what symbiosis is.
Why did we guys are doing how you can help developers and de-gents with liquidity and moving liquidity around? Yeah. Okay, so everyone, my name is Diana and I'm the Chief Marketing Officer of Symbiosis.
What are we doing here? So somebody else is this storyline change that pulls the casual liquidity from different blockchains whether they use EVM technology or not. With somebody else's users can easily trade any token
and transfer their assets between blockchains. So no need to worry about which network docking is on and how to move funds between blockchains. All cross-chain operations are done just in one click in one transaction. Add competitive exchange rates and
transaction costs. So yeah, that's what is somebody's finance. All right, well to get started, I mean like what change, what you know, what's Dex's are you on? Where do you guys see most of your flow? Well now we support chains like the Ethereum, we support
We support the support of the audience, we support the TVM, we support the free Boba chains like Boba Feurim, Boba Avalanche and Boba D&B.
It's a small insight. We are planning to add Ziki sync like in a week or two. So yeah, it's like the new. So Ziki and sync, that's pretty high. And then you guys just launched on on coffee, EVM. That's how we got introduced, right? Yeah, yeah.
Cool, so what was the thought process in launching the Kava and what did that kind of integration look like?
Sorry, you had a lot of free Europe and they did not understand what you said. So in terms of Kava, what was the thought process of launching on Kava and kind of like how do you choose a chain and what kind of poles are you connecting to?
The cover is integrated as a chain, so you can swap, for example, let me open or app and choose any token on cover, for example, I don't know, the cover token, and you can choose any
other token on any chain, for example, I don't know, Boba Evalanche and you can swap to any token on Boba Evalanche like in one click and yeah, how this works, we have our
liquidity stable pools and internally we're just pairing everything with them and that's how the swap or some of these swaps are working. Got it. And so when I swap from token to token does that go cross-chain as well? Yeah.
If you swap any cover token on other cover token, it's not a Christian swap. For these kind of swaps, we use Fritz
For example, open ocean is responsible for all of our on-chain swaps. So every time we want to do on-chain swap, we do this through the open ocean.
Got it. And so in terms of like why you guys got started like what problem do you see like solving in the crypto ecosystem? What is what's the main issue today and then how are you guys helping solve this?
So we just want to provide users a sim-list cross-chain trading experience. And we think that we're doing the protocol that
meet the following requirements like where food is introduced, so there is no central party can stop disembryose protocol, where interoperable, so the protocol connects every blockchain that gets enough marketing detection, where
Of course, none of the study has unlimited cross-chain liquidity. So our protocol targets as many token pairs as possible across all blockchains while providing the best prices on the market. We try to do this. Yeah.
cross chain liquidity, the best prices in the market and making it easier to bridge and trade across chain. Yes? Yeah. Yeah. All right. I got a weird question. So if I'm on a call when I got coffee token and I want to trade to eat, will I say
stay on the chain or if there's a better kind of trade, will you like swap the cover on coffee chain to like USDC and then bring over the USDC and then swap the ETH for me? On the ETH chain? Yeah. And I get to pick my target chain. Yeah, we do in the way you said.
All right, let's get the pick the target change. So currently, there's bridges and then there's dexes. And what I hear that you guys did is I say, hey, why do we need bridges and dexes? Why don't we just kind of combine these two things together and make it super simple to swap and end up on any chain that I want to land on?
So what I hear you saying is that there's bridges and taxes in which symbiosis is a
a multi-chain decks, a cross-chain decks that provides the cheapest swaps and the easiest liquidity so you can get from target token to target chain token.
We use Dexters like Uniswap, we use PancakeSwap and other many, many Dexters that help us to provide users with the service we want to provide.
That's right. It seems like a really awesome awesome tool and then how do you guys make money? How are we what?
I think my microphone is not clearly. How do you guys make money? How do you guys earn revenue? We are making money from commissions and the tell.
And also we have some investments from the investors, but this money are using only for developing the product.
Awesome. And in terms of like your guys vision and roadmap and where you're going and like the potential place or the vision of symbiosis, what's the long term vision of symbiosis? Well, our vision is that users need a solution.
simple solution to move their liquidity because maybe one year ago when you wanted to do some cross-chain stuff, you just getting lost in a lot of the access around the internet and half of the
can be scammy and you're just I don't know every first time I wanted to do a cross-chain swap I literally cried because it was really hard I need to like swapping something to the stable coins and Binance I
it's sex and we draw them from the Binance and then using another DEX and it's very hard for the person who is like new to crypto, new to defy and these people like
should have a really simple solution, like somebody who is kind of simple, because current solutions like bridges create the creativity fragmentation and they're not tri-vival for end users.
So our idea is that multi-chain world needs an easy-to-use solution like Huniswap. So we created some layers. It acts like a cross-chain MMDex and entertain communication projects.
allow users to swap their assets and move liquidity between chains with just one transaction. So yeah, that's how we work. Got it. So symbiosis, we take the tier
are the D5. Yeah. D5 without the cry. Yeah. That's awesome. We're going to open up to the questions or comments here in a minute.
What in terms of like marketing this, there's a lot, we're tracking 27,000 different chains. How do you guys partner or market or kind of get yourself aware out to the ecosystem? - Well,
Our main strategy is partnerships, because myself I do not really believe in like, concurrency and I do not see any other projects like the guys who
we should win like because as for me idea of multi-chain stuff and cross-chain that every project should be friends with each other because where for example other
know multi-chain in some sometimes loses in the price sometimes we win. So why we should just counteracting each other for example we just can collaborate and win.
win together. That's how we work with rubik or xdawa or via exchange and rango. So a lot of dex aggregators with much more odincy that somebody else is
integrate us and doing some stuff with us. That's how we just promoting. And the other way, recently we did cross promotion with Rubik and Boba, so users just did a lot of
um, tasks like just normally following us, but they also do a D-d-swaps and provided liquidity in boba. So every
participant of this party was winner so Ruby get a transaction, Boba get a new token holder and we get a new liquidity provider so yeah I believe that this is the best way
to promote ourselves, just collaborating with other projects and giving users an opportunity to touch the project and take some goody from their users.
and then kind of announce that and then keep on adding the token and over time people will use your cross-chain decks more and more. Yeah. Cool. Coral is on here as well. We kind of got some questions.
aggregated from our community as well that wanted to ask, but if there's anybody else that wants to come up and ask some questions to symbiosis, I'm super excited to hear what our audience and Krill's got.
So no. - Karelk. - Karelk, can you ask the questions from our community?
Yes, yes, can you hear me guys? Yeah, 100% cool. Hi, hi Diana. Hi, hello. Hi, hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello. Hello#
First of them is what innovations will it like to make to improve user's trading experience?
We're not about innovations, we're about making a good use of it because I hear myself. Yeah, thank you. We're more about improving user experience. It could be
a super innovative trading app, app, app, etc. But it could be so hard to understand which button you should click.
Yes, I can hear it. Okay, okay, I'm answering the question. So so
our innovation is giving the users to treat the users with the best UX on the market possible. I think that's just on my opinion. Maybe some guys from our team will not agree with me, but
They're not here, so I don't care. That's my answer for this question. Hello. And then, okay, okay, great. Thank you for your answer. And also we have a question.
about liquidity, transaction fees and sleepage. As you know, there are always three important factors in financial services. So how does Symbia solve their both problems to attract more users?
Well, honestly, we're really struggling with this stuff. For example, symbiosis would add every chain, every chain possible in the world. But it's always problem in the liquidity.
Sometimes we have chats with a lot of networks that we can't add because they just don't give us much liquidity. So transaction fees, like transaction fee of some biases is
0.001 is like 1, yes, so less, but for example we know that Ethereum is a really expensive chain, so sometimes users do not
understand why they should pay like $10 fee that is just how furium works and sorry guys a slippage
be a problem only if we... I'm not a very tech person. I had only... I had troubles with the sleep age when there was not enough liquidity in the pool.
We at somebody else's try to
not allow a pulse not be as full as it needs so sleepage is not always just a big deal but I can be wrong
Sometimes she happens and we
So many projects just want to talk about long term vision and mission. But what are your short term goals? What are you focusing on right now? Hello? Yeah, the question is
Thanks Nancy. Question is your short-term goal short-term mission. Yes Diana what is Sybaos' short-term goal is a short-term mission? Yeah, yeah. What is our short-term?
at some new networks, like Zikasing. And for Q2, we're planning an expansion of our crosschainsapps. Our crosschainsapp is another feature that symbiosis provides.
you can provide liquidity to any protocol like BEMKEE or BIFIE using any token you want. We just swap internally for you. We're looking forward to expansion or crosschains or zaps.
thinking about transition of symbiosis reliers to proof of tape, integration and new event chain and just more integration with major curse chain radiators. So integrations, integrations, integrations, integrations, integrations. And this is only for Q2.
Thank you. By the way, we just posted our Q1 recap so you can go to our Twitter or our Telegram and there will be a link to the article
with our recap I was doing this so yeah you just can go there and read it's kind of interesting
Hello, good afternoon. Hello, yes, great. Go ahead young.
My question is that constantly moving of your liquidity into symbolics. Would there be any, we're offered goods?
Is it going to be a field that is going to be with the field, be in the public's talking or will it be stable point where we are trying to move liquidity into the protocol?
Alright, it's a Diana. Do you catch a question? We're having a little bit of Twitter issues. I'll kind of rephrase the question just in case. It seems like the question was how do you guys
take your fees. Do you take it in your own token? Do you take it in stable coins? Do you take it in the tokens that are being transferred at the time of the transfer? How does your fee system work?
We took fee like in the talking you want to swap.
So it's not our token, but I think it would be nice to have a commissions in the C-stocking like nice for us, not for the users. But that's why we do not do this, yeah.
First month of work we had zero commissions and my phone that's okay. But there's so
small so that you won't even notice that we just took the commission and I'm not a marketing liar here I just telling the truth I think
Well guys, you heard it here first. Diana's not a marketing liar. Yeah, she takes the fees in the token that's being swapped. Go ahead. Yeah, it seems like you have a follow-up question.
Yes, another question and the question is concerning any ambassador program did offer a For good as any ambassador plan or ambassador ship program for the community. Bye bye. Is it okay that I hear nothing?
I'll be phrased the question. He's asking about an Alpha Growth Ambassador program. We do not have an Ambassador program there. We, you know, in our community, we kind of like all have, you know, employees of Alpha Growth basically do some business development, you know, like for what
of our clients need. We got in touch with symbiosis because Kava was looking at a solution across chain decks like symbiosis and we're very excited that they launched on Kava and we are looking forward to see what they
doing the future. In terms of an ambassador program, I'm not really sure what we would invest, but I'm open to suggestions and ideas if you want to go in and pitch an ambassador program in our telegram community. You know, you can get there from AlphaGraph.io. You can pitch an idea and be open to listening.
Let's look we had a question from somebody and they and they jetted out. Um, Diana, is there anything else we missed or should cover about symbiosis? No, I don't think so. As for ambassador program, I can say to the guy so we have some bioses, do not have an ambassador.
program but I always mention like an active guy in the chat and for example there is a story how our business development lead become the employee of the symbiosis employer. Yeah, employee. So how
How our business development leads started working at Symbiosis. He was very, very active in the chat and he was creating articles about Symbiosis and firstly we took him on a community manager post than he
became a business development lead. So we really like giving the work to the people who are obsessed with some biosis. I'm literally obsessed with some biosis because even now I'm sitting like
in the somebody else's t-shirt and it's my everyday look maybe because I don't have much clothes without somebody else's logo and I was a designer of somebody else's merch but it doesn't matter so yeah just be active in any community you wanna be into as
probably projects we all take care of you. Yeah that's nice to me. Alright so we're gonna start a go fund me we're gonna get Diana some some new clothes outside of symbiosis but she is the designer of symbiosis how do we get symbiosis merch that's my next question. Oh well
I think left some caps with the symbiosis and our discord is kind of dead so nearly we will do a contest in the discord when you can win merch like sitalkans and maybe some other
stuff. So yeah, and maybe we'll be printing the new one, but it just not our top tier priority at the moment, but we have something for active users. So in terms of like what symbiosis needs help with, if you could mention
like one or two things that what you guys are looking for for help or what you could ask for the community that would be rad. Let us know how we could help. I think we really want to improve our community now, not improve like they're bad, improve that
Many times we just focused on telegram in Twitter and we did a mistake about forgetting the discord. So I'm just not a big fan of discord because when it was
studying at the University of our online lectures was in discord so I'm just hating this on my body level.
It was our mistake to forget about discord and now we will be working on this really really really really hard. Well good good to hear so it's helping discord get some more partners get some more integrations if people want to follow up and learn more about symbiosis they
Do you join the telegrams, the discord, should they follow you on Twitter? How can people follow up? Twitter, Twitter, Telegram and Discord. We have community chats on many languages.
We have a very active Vietnamese chat, we have a very active Russian speaking chat and we have sometimes, sometimes active Chinese chat. So any language you want, any community
you are part of it, there is a chat in the symbiose telegram so yeah just global company global communication, we're a good day Anna, we're just English only, we're just a bunch of plebs and peons that are just you know English only for now so we
know we got to we got to move the needle here. All right awesome thank you so much for your time today. I really appreciate your time and all the questions and learning more about symbiosis and let's do this again in a couple months if you have any like launches or requests to the community it would be great great to have you out there and and figure out how we can help
Awesome, but you have a great day. Thank you. Thank you. Thanks a lot, Diana. Bye. Bye. Bye. Bye.