yeah yeah we hear you i don't i have no idea what happened um but we're back we're
live yeah i think illan heard our conversation
slide left right to maha maya stadium
cool um by the way we hear some background noise just uh just a heads up um
Cool. Well, I think the last question...
Kind of, yeah, yeah. We can kind of hear you, but we'll just go ahead and just keep going, trekking along.
So I think the last question we started off with was around the barriers behind dexes and centralized exchanges.
Do you want to just go ahead and repeat your answer to that question or...
Sure, Brandon. So what I was saying was like, you know, of course, you know, the centralized part and the decentralized part.
Of course, there is a little bit of a difference.
The first blocker, of course, is the part where you are actually, you know, maintaining the private keys and everything.
If you look, you took an example of, you know, how a Lehman can get into the centralized space quite easily, right?
It's just like, okay, why I see you link your bank account and get everything set up.
It's just a little bit of a blocker that you know, you are putting up your meta mask, you are getting the private case up and running.
So I think that is a little bit of a blocker that, you know, is something that bothers the users that are coming up.
The second part is, of course, you know, Brandon, what I think natively and I think something that needs to change is that we are doing, right?
Of course, in things like, you know, new chains coming up, new technologies coming up.
There is also a factor of, you know, the friction that we have in terms of, you know, executing all the transactions where, you know, you have to understand a little bit of the complexity.
And then there is, of course, you know, in the initial phases where all the transactions had to be vetted manually.
Where you cannot trust each and every transaction that you are signing.
And you needed to have a little bit of, you know, friction there where each and everyone,
probably, you know, initial people who got them and got scammed because of the fake transactions,
they also wouldn't come back, you know, thinking that everything would go as planned.
So I think there are those of the things that actually hamper from anyone coming to Web 3 and D5.
Then, of course, there is a chain of agnostic behavior.
So now, let's say even someone who is the Dgen, who is having, you know, all the D5 space,
sometimes even likes going to a centralized exchange in terms of holding and doing few transactions
because it's a little bit easier in terms of, you know, managing the portfolio at one place
rather than going on, you know, multiple chains because that is one thing that, you know,
Then of course, we started off with the prospect that via Lehman tries to come into
Scently into DFI but still there is a friction.
But then even the D5 DGsons, they also now need a little bit of dependence on you know
But now things are improving, right?
We are seeing a lot of chain agnostic behavior where one chain is able to make transactions
You are able to make multiple clones of the assets that can be stored here and you have the reserves
So I think now things are changing with all the dexes that are coming up,
that have the capabilities of even giving you the best prices,
that only centralized exchanges at all the stages.
Yeah, yeah, I think that's a great response to that question. Personally, for me, I've been using a sex like for, you know, most of my time in crypto.
But I think the biggest problem, you know, I started encountering with at least my specific exchange was the fees that were incurred alongside.
You know, there's just like a lot of hitting costs.
You're likely not paying the best price for whatever trade you're conducting.
So usually exchanges have like a 1 to 2% spread on whatever the actual Oracle price of that asset is.
And so for me personally, like, you know, I'd rather just bridge over or, you know, send my assets over to a wallet that I actually own, right?
And not a wallet that in exchange custodies.
And, you know, and that's also the biggest fear too is with sex is like,
you know, with all these like hacks with like, you know, when I was first like
kind of dabbling into crypto, I was using a centralized exchange called Cryptopia and I had
like a decent amount of funds there. And then literally within like a few months after gaining
like popularity, they got hacked and then, you know, users lost all their funds.
Um, and you know, obviously that's not saying that can't happen in, you know, the decentralized land, but, you know, at least there's like ways to like mitigate, you know, potential hacks, right?
If you use like a hardware wallet, for example. So and, you know, ultimately at the end of the day, you own your key. So you really do have pure ownership of your, uh, your assets. So, um, that's cool. Um,
Do you mind just giving us a high level overview of what Swiffy is and how it's kind of unique to other Dex's in the space?
Sure. So if I talk about Swifi, so of course, you know, we are building the liquidity hub here.
That means that we, you know, we want to be.
you know a liquid source where new assets can come up they can list their tokens and we can form
the markets for them where they can you know to and flow in and out of those tokens the transactions
can you know actually happen
On the fundamental side, it is completely a V3 style decks where we are using a concentrated
And why we are using the concrete liquidity approach is because it provides a lot more efficiency
and a lot less liquidity in those ticks that you can actually add liquidity to.
And it also provides a lot of composability to other apps, other, you know, acid management
protocols that want to build on top of us.
Also, it is very beneficial for the liquidity providers who want to provide liquidity in those ranges and earn, you know, much better it turns out of it.
There are also multiple things that can, you know, we built on top of it like a buying selling auto, you know, order book kind of thing.
That also helps people, you know, buying at a certain price, selling at a certain level.
So all of these things are actually beneficial when you are building a considered liquidity tax.
So fundamentally, as we mentioned, like, you know, like we are building a V3 kind of a decks that provides you all the ways to provide liquidity into a concentrated ranges in multiple pools.
And it's, of course, going to be permissionless in the sense that anyone can provide the liquidity to these pools.
How this is actually going to help the liquidity or actually the chain as a complete ecosystem is because we would want that multiple new tokens will be coming up.
Instead of providing liquidity in the full range, they concentrate and properly put the liquidity.
So as to help them get much more swaps, much more capital efficiency, and also maintains the price, the price ranges that they want to, you know, work in.
So at any given point of time, it provides the users also, the swappers that want to buy the token or sell that token.
It also provides them minimal slippage, gives them the best cost and also saves, you know, the gas for them.
And with other measures that we would probably be doing the research on,
we will also make sure that all the other type of attacks vulnerabilities
that we want to save these swappers from, we would actually do that.
And, you know, as UNISOPVB3 has been quite successful with all of its efficiency
and now everyone knows how efficient it is.
So I hope we can bring the same efficiency, the same kind of compatibility,
Yeah, that sounds great. And then would love for you to maybe speak more on why you chose to build natively on Nibiru.
And then what are the advantages of Nibiru coming to Nibiru for the platform?
100% Brandon. I think, of course, you know, the one of the benefits is, of course, the team.
The one of the team that we have been working with and, of course, you guys.
And, you know, I'm not speaking this because we are not the same way.
But, you know, it's the tremendous support that you guys have, you know,
provided us from the initial stages when we, you know, were not even deployed and we were doing few things,
trying out few things. And, you know, it has been quite, uh,
Also, because you guys already have immense support from the community, even though you have the cosmos ecosystem and other things that you already support with immense, you know, ecosystem possibilities that have already been developed.
and considering all the support that we got, seeing the support that we get from the community,
also looking at all of the other parameters that it takes, you know, be it the fundamentally strong team,
fundamentally strong tokenomics, each and everything.
If finding everything we thought that, yes, you know, of course, if we want to bring, you know,
a decks like this, you know, providing it to a chain that is coming up, it's in the only stages.
where we can get an ample amount of support and we can grow with the chain.
that is why we thought that yes why not and we do a good chain with a good approach
good fundamental so we can easily deploy and yes you know one of these one of the best reasons
was that you know coming up with the EVM approach EVM compatibility so it was quite uh you know
helpful for us also because we didn't have to invent the V but focus on what has been built and
improving it customizing it tuning it to the needs of the EBRU ecosystem
Incredible. Going back to the decks, I guess what is going to be the approach for adding like new tokens, blue chips and, you know, different LPs to the decks?
And like, you know, really wanted to address this thing because now, you know, because we
are here on this forum and, you know, you're hosting the space with you guys.
So, you know, I'm hoping that a lot of these new projects that will also be coming up.
You know, they would want that their liquidity, their token is also listed on RG.
So the best way would be that if they could reach out to us on our socials, that is the best way to reach out to us and we can get the token listed in the initial stages.
And, you know, when things progress, when we are stabilized, the chain is stabilized, we are on main net, we would want that with a permissionless approach similar to UNIS4B3.
anyone can come up and create their pools in a semi-permissioned environment where that can be approved and a few things like that.
So we can also make sure that all of these things are taken care of.
But one thing that we would love to make sure is that in the initial stages, whatever projects want to get on-voted and get the liquidity onto a decks.
We would love to talk to them, get on our call with them and just figure out what the requirements are and accordingly set up a pool for them.
Then remain it is live and onboard their liquidity as soon as possible and do the co-marketing and every each and every efforts that we can do all together.
Yeah, that sounds fairly straightforward.
I mean, we're also happy to make introductions on our side to any potential assets that's
You know, we will be offering, you know, all sorts of blue chips on the chain when EVM goes
So, you know, like restake Bitcoin, Rap Deeth, and a few other types of blue chips.
Look, and also get Salon on the chain.
So a lot of opportunities to get, you know,
And the most interesting part is when we get these alts, man, on Nibiru, right?
These new olds that make high, you know, headlines.
I don't know what you guys are planning, but, you know, with all meme coins, all of these
approaches, I think, you know, people, you know, users are more than entrusted into putting
their money in these new alt coins, you know, the new gem, man.
You tell me what new are we building.
We'll be happy to list them all.
Do you mind also just quickly sharing a little bit about, so I was going on the website and I saw there's a part regarding staking.
Are you able to share more on what that's about?
So Brandon, what we actually want to do is that, let's say once the tokenomics and everything has been, you know, figured out in the near future.
So we would also want to make sure that, you know, we get a staking approach.
So as to sustain the value of token as much as possible.
Because in the early stages, as, you know, the tokenomics of decks are of the most, you know, let's say the top notch important.
So to make sure that the tokenomics are...
you know, systematic, all the inflows, the outflows of the tokens, rewarding and everything.
So we want to make sure that there is a specific mechanism of staking,
not quite similar to how a VE33 decks works, but we are quite impressed by how the VE33 mechanism works,
where the whole ecosystem, the whole flywheel is completed,
where, you know, the users actually stake their tokens, get the NFT vote on the pools,
and actually, you know, create a flywheel into getting the rewards into the pools.
So, you know, quite impressed with how that works.
But similar to that, we want to sustain the value of the token as much as possible and equally reward the pools and, you know, all the assets that will be coming up on, you know, the text.
So that's taking is one of the ideas that we'll expand on, of course, in the future roadmap.
But to just make the long tradition to be something that will help us sustain the value, help us sustain the circulation.
Similar to how, you know, we can have as much token locked with us, maintain the rewards flow, maintain the value of the token.
Got it. And so for the people in the audience, I think many people would be curious. What is your guys like kind of like go to market and growth plans to kind of reach more traders to Swiffy? And then do you guys have any like incentive initiatives in place to onboard more users?
100% I think I'll highly recommend the community to stay a little bit, you know, just to stick with us for some time.
Because, you know, of course, I think Brandon, you know, your timelines would be very valuable.
Because, you know, we, you know, would be the first ones to go live, then ever the main net is life and to make a lot of hype around it.
Because I think swapping in and out of the tokens, building liquidity for the blue chips and everything is going to be the first part, right?
your new infrastructure, the new ecosystem, everything is going to be dependent on a text.
So I think the high, the most important thing is that we get up and running at that point
of time and that is going to be the most important thing to do in this in your future.
And then that happens, we'll of course be more than happy to get some incentive camp in the life.
With the partners also with the new tokens, with the new projects that we'll also onward with the help of you guys.
that will also want to maintain the liquidity, maintain traction,
get volume on the tokens in the initial weeks of the main net launch.
So that is also something that we are planning.
And as soon as we get, you know, some new partnerships on board,
new tokens on board, new liquidity coming in,
we'll of course, you know, announce that so that the community can start enjoying all of those things.
And of course, you know, I think we are planning some galaxy campaigns or stuff like that,
but I don't know how much, you know, of that I can reveal right now.
But yes, you know, all of those things we, you know, are going to put down on our Twitter on our social whenever things, you know, start to progress.
So, and there is a lot for the community, you know, because what we are building is something that is going to be native on the grid.
And we are not going to release the ecosystem.
So we want that the ecosystem, the community enjoys all the benefits of the decks that we want to offer.
So, yes, I think there's going to be plenty of stuff for the community.
Fantastic. Well, I think we'll wrap up the space here for folks that are listening.
You know, make sure to follow a Swiffy Foundation on Twitter.
As you guys heard, they are planning some incentives around
folks that participate on their galaxy and we'll of course share more information on that as the time comes
just to reiterate swiffy has been building with nibiru for some time and they will be launching alongside
the evm so we do look forward to you know swiffy going live
alongside Nibir's journey and you know kind of launching alongside the the multitudes of other apps that are going to be going live so really excited to see everything coming to fruition on this side so exploit thanks for the time and you know we look forward to working with you guys continuing the work with you guys so wish you guys all the best and let us know how we can continue to support
100% Brandon I think we'll stay in touch with you and of course you know let us know if
you know how things progress and we'll be more than happy to you know get connected with other
ecosystem partners with the people also who are listening to this space and you know they think
they can support the project in any way possible we'll be more than happy to talk about
to them, they can reach out to us through our Twitter, they can DM us and we'll be more than happy to talk to them.
So yeah, I think even if they want, if someone reaches out to your squad or something like that,
and you know, if you can let us know, you know, whatever part their shapes or something like that, we'd be more than happy to get them onboarded and start the journey and get them set up on the field.
Well, appreciate the time, and we look forward to seeing you guys on the next space.
Thank you, Brandon. Thank you, everyone.