Tez and Kev Show with Osito

Recorded: May 28, 2025 Duration: 2:17:33
Space Recording

Short Summary

Osito is set to revolutionize the crypto landscape with its innovative token launch platform, allowing users to leverage newly launched tokens for borrowing stablecoins, while also creating sustainable growth through community funding mechanisms.

Full Transcription

The Thank you. Red.
I feel like it's been a while.
It has been a little while.
How are you, mate? I'm doing all right. How are you doing? Yeah, pretty good. Tez. I feel like it's been a while. It has been a little while. How are you, mate?
I'm doing all right. How are you doing? Yeah, pretty good. Pretty good. I see we're competing
with a baddie stream right now. Just our luck. Oh, I feel like all of our spaces end up competing
with something else. It's true. And yeah, just, you know, poor oh wait that's the planning that's the uh
barrett tv one right they're doing their stream today yeah i thought they i thought they started
that like six hours ago i think baddies will stream for 24 hours straight so they will not
stop streaming they will stream until they faint.
Maybe it's what we got to do, man.
Just never stop.
Never stop.
Dude, I don't have like...
Like we've talked about doing like streams and stuff.
It's like I just don't have like a good background.
Like I don't have stuff to do.
Like you're just going to be staring at me the whole time.
Like it's...
I don't think that's interesting.
You could just dance to be staring at me the whole time. I don't think that's interesting. You could just dance.
I could dance.
I was told after the BMO rave the next day,
someone said I was a pretty good dancer.
That's right.
Someone did say that.
I can't remember who.
Maybe you said someone said that.
I'm like, did someone tell me that,
or did you tell me someone told you that?
I feel like Pemby or something said it.
I think they were more commenting on I got a little drunk.
Yeah, dance moves come out.
Yeah, nice.
No, that's good.
There's a few good dancers in the eco.
I'd say Zero is a very good dancer.
If anyone meets Zero from Barrowland, he's a very good dancer.
He really could have said Red Kev, but all right.
And Red Kev is also out there in the top three.
Top three.
People started filing.
That's good.
I was like, oh, no.
Everyone's glued to this.
I don't even know.
What are the baddies doing?
Have you checked in on the space?
I haven't.
I saw a checklist that they had with a bunch of stuff.
So it seemed like they were going to be doing a bunch of interactive stuff on the stream, which is really cool.
I feel like that's what streamers do.
You kind of have to adopt the streamer mentality.
What do they do? They have a shopping list.
What are you saying?
What do streamers do?
Well, no. The baddies, they put
on a list like last night. They just had a
bunch of, I don't know, they had a bunch of different shit.
I remember a keg was on there.
Yeah, they were trying to source a bunch
of materials to stream with.
And yeah, I don't know.
That's what all the big streamers do. They always have
some crazy shit going on in the background.
Oh. Well, we have a soundboard, don't we?
Did you bring the soundboard for this space?
Yeah, well, it's built into Twitter.
This is Elon's soundboard.
We can't take credit.
All right, it's our soundboard.
It's our soundboard.
I wish you could add your own sounds. That would be sick.
If you have a soundboard,
I think on desktop.
I've heard some people make their own.
We had a pretty good one.
Do you remember Bitcoin Obama
from probably our last space?
How could I forget Bitcoin Obama?
Someone made a soundboard of him talking.
That would be really fun to have on a space.
But also, since we do have some more people in here, just to get the housekeeping out of the way,
if you can go ahead and give this space a like, a retweet, give it a reply.
We're going to be talking to Joey from Osito.
So if you have any questions or if you want to come up, you know, request up.
We might let you up.
We'll see.
Depends who it is.
But, yeah, go ahead.
Interact with the space.
I put it up in the Jumbotron.
Try and get some more people in here, even though Tez is really worried about the baddie stream.
I'm not worried about it.
It's just the reality.
What's the – I'm trying to about it. It's just the reality.
What's the... I'm trying to remember the...
What's the...
What's the sound?
These icons.
Yeah, it's kind of hard.
Is it this one?
Joey Osito.
No, wrong one.
That was good.
That was...
That was good.
No, I liked that.
Oh, Icy's here.
Is Icy on... Are you... I gave I. Okay. Oh, Icy's here. Is Icy on?
I gave Icy a pass this week because she's completely wrecked from the baritone bin.
But if you want to come up and join in the co-hosting chair, the co-hosting chair, I can't even talk, jump on up.
Let me know, Icy.
Or are you just here chilling?
Chilling on ice.
Just putting her on the spot, Tez.
That's fine.
I'll put everyone on the spot.
We'll get into it, Joey.
I promise.
But don't people normally just say hello to every single person who's in the space?
Thanks for coming.
Nice to see you.
Everyone else is going to feel so snubbed. Holyie slogol miggs lina uck viko uh we've got zoz storm i'm just doing this now for the sake of being nice uh quest king bear it doesn't show
their full names and odessa who was in first? Welcome. Yeah, I mean, once you start, if you're going to do that,
you kind of have to mention everybody.
It's all right.
I might do a quick shout-out to the crowd every five minutes into this space,
if that's cool.
See, what you've got to do is just do it at the beginning
when there's three people in the room,
and then you can be like, oh, I always shout-out all of the listeners,
and then it's you know
you don't have to later
didn't you just chat to Red Ramblin on a different space
that's the one I see
knew I was like hold up let me
get up there and help him out
with the old soundboard
which one is it I see
it's the first place metal
that makes sense Joey Osito Which one is it, I see? It's the first place metal.
That makes sense.
Joey Osito.
Oh, that's just rude.
The cow arm is good.
I like that.
How are you, Joey?
Thanks for joining us again.
Yeah, hey, thank you.
Thank you for having me, guys.
I'm glad the soundboard is back.
It's good to see the three of you.
I had so much fun on the space.
I think it was, what, last Friday where Red One was there,
and it was the three of you guys, and we decided we got to get this weirdo on the Honeycast, and here I am.
And the soundboard is here. Everybody's here.
So yeah, I'm super excited to be here.
Yeah, nice.
Well, I thought we should definitely do one again
and actually record it.
Because you said a lot of really cool,
interesting things about Azito last time.
But no one who wasn't there will ever hear it.
It was one of those moments in history
that won't be shared.
Yeah, apparently it was a good space.
People were yapping about it.
I think the fact that it was not recorded,
it kind of made it even more something that people wanted to talk about.
Like the, you know, just the ephemerality of like, you know,
in Tibet where the monks do those like incredible sand paintings
and like the wind just comes and blows them away.
Kind of that.
But I am glad we're recording right now.
This is going to be good because I can share it around to people who don't totally
understand what Osito is yet how it works it's yeah it's a good it's a good
medium so the more you guys can like add texture to what we're saying with those
sound boards I mean that that is like yeah that's gonna be an incredible way
for people to know.
All right.
Sorry, I like to do that to Tez, my bad.
He gets uncomfortable with silence.
Oh, I was speaking.
I was speaking on mute.
I was speaking on mute.
I was going to say, Joey, if you like pointless sound effects,
you might like the Honeycast, the podcast, not just the Spaces. So I'm just going to show my own shit.
If you like pointless sound effects, check out the Honeycast.
Pointless sound effects? Check out the Honeycast.
Wait, this isn't the podcast?
Wait, this isn't the podcast?
His last episode
that starred a
certain handful of
bearers, including Naps,
Incapacitated Ass.
What was with his eyes?
That shit was great.
I don't know exactly what was going on.
There was something with the face
tracking. He said that his room
was well lit, but I'm kind of thinking that
was a lie because the
rest of us looked completely fine.
Meanwhile, he looks like he's fighting
off a full bar of Xanny.
Well, I think it's a Mac PC
thing. I think the face
tracking works way better on PC for some reason.
Wait, face tracking,
are you guys talking about using
VTubers? And like his vtuber looked like
he was on zanz yeah the new baritoner collection that everyone by the way
will include functional 3d vtubers oh that's cool that's very cool yeah i i don't own any
any interesting barit chain NFTs yet
that I could use as a VTuber by PFP.
Yeah, I know.
No, you need to get, do you have the sad trombone?
I feel like that's such a classic, like the wah, wah, wah.
We don't, but we can.
All right, well, now you have it.
You just do it.
Anyway, yeah, I got to get a baritone and a steady teddy.
Steady Teddy is represented here. anyway yeah I gotta get a baritone and a steady teddy steady teddies represented
here such such incredible support procedure already and also for loudy
Oceto which I can speak to a little bit on this this space as well just just
make sure you support the teddies back that's that's what's important they need
your support don't start wait wait wait hold up hold up hold up hold up no no
no joe joe said something interesting there that i uh have to ask about uh laudio sito what um
what do you mean what do you mean boss what is what is this yeah so so Ultra's been cooking. I'm sure everybody here is aware. Laudio is just incredible to see how such a simple mechanism has become what it has become and has achieved such traction in such a short amount of time. way there is you can basically shill something or talk about something and it doesn't even have
to be your bags right like you don't have to have it yet you can still get rewarded just for yapping
about it and that's seems like a small thing but with mechanism design those little things can be
the thing that like actually makes all the difference so laudio cito excuse me laudio Cito basically would be composing with Laudio, with Laudio functionality, working with Ultra to allow tokens that are launching on Ocito to basically direct a portion of the fees that are generated on Ocito, which I can get into how those fees work. It's very simple.
But basically generate a portion of it
to directly fund yappers.
And we basically analyze the quality of the yaps
through Kaito, which is kind of in this arms race
with other AIs kind of trying to outrun it and farm yaps.
And that's their battle to fight,
and they're doing a good job with it.
But composing with Kaito, basically,
you can take a portion of the fees generated from a given token that launches on Oceto.
And those fees would be from swaps, obviously,
but also from the purpose functionality we have.
Like most fees, like in our simulations,
on our modeling is generated from going super long or super short
at creating a delta neutral leverage to the ball position. And yet a portion of those fees can be directed towards funding yaps and funding yaps, whatever, it's basically a distribution market. And distribution is the biggest thing for tokens is everyone is pretty much aware of. That's a consensus at this point. So yeah,
when I talk about Laudio Cito, I talk about this additional functionality, which is kind of part
of the whole Ocito package for launching a token. You have the core Ocito mechanisms, which provide
even the most adversarial, greediest users, which we assume are pretty much every user,
a better path to making money from a
token than selling it.
Basically, leverage longing, borrowing against it, staking it for you.
These things that give you instant liquidity without harming the chart.
And then we add this additional automated distribution, basically pioneered by Laudio
right now, building on Kaito, that just completes the whole package, right?
Because then you have distribution as part of the flywheel.
Slick. Okay, see, I like, because Laudio is what, like a week old, maybe? Maybe not even a week old yet?
I like how you're already thinking how you can kind of change with the time. Because Laudio is, what, like a week old, maybe? Maybe not even a week old yet.
I like how you're already thinking how you can kind of change with the time.
See, Tez doesn't like InfoFi.
He doesn't like Kato.
He doesn't like all this stuff. So I guess, Tez, what do you think about potentially getting some InfoFi-type collaboration in there with Osito?
Yeah, no comment.
I think we should start...
Let's actually tell the people what OZITO is.
Let's start on the high level of what OZITO is
for those who maybe don't know.
Then we can talk about all your yap farming afterwards.
What do you reckon, Red?
Good sidestep.
No, I do want to get into it eventually, though,
because I was initially very skeptical as well.
I remember Carnation trying to shill first Kaito
and then Laudio to me pretty hard.
And I was like, what?
Like, you own a bag of something.
You're already incentivized to talk about it
because you want it to go up.
Like, doesn't that just do the loop? kind of explained a little bit better uh bread from mega eth also helped
explain it a little bit where it's like it's a distribution market i think that's like that's the
the best way that i could understand it so yeah let's let's get into that um but yeah let's let's
first let's first really lay the groundwork for oscito. I think that was a good refreshing of the room and directing the conversation.
Yeah, I got to apologize.
I usually get us off track pretty hard.
I am always interested in hearing people's take on InfoFi, Kato, whatever.
But I'll shut up.
I'll shut up about it.
Real quick, we do have Red Rum with his hand up.
I would like to pass it over to him real quick if he has any insights, insightful things to say here.
Thank you for respecting the fan.
I appreciate that a lot.
I'm in the gym right now, so I hope you guys can hear me.
My only comment is, can we universally help Tez pronounce Oceto the right way?
Thank you so much.
Fred, I love you, but your mic quality is absolute dog shit right now.
He said he was at the gym.
Did he throw his phone under the treadmill?
I didn't hear a word he said.
His main point, and I was also going to comment on this.
Tez, you're saying Osito with like a Z?
It's an S.
I guess we should ask Joey the proper way to
pronounce it, but like, you keep saying
Osito. Is it like Osito?
Is it like that?
Yeah, if you're from Spain.
Yeah, if you're from Spain you can say it like that.
No, it's Osito
which just means little bear.
But actually, I said this the last time, and I'm going to say it again because it's recorded now.
When we go live, which is incredibly soon, and you're using the osito front end,
we have a sound effect, because you know I'm a fan of soundboards.
But we have a sound effect like cow swap or ooga booga or whatever
and it's my daughter saying osito
exactly, exactly
it's my daughter saying osito so you can use that
her pronunciation
every time
you do a swap or you
open a lever
long or short position
you'll hear it, that can be the single source of truth
the canonical pronunciation of Othito, because she speaks Spanish almost as well. She speaks English.
Her pronunciation is a million times better than mine. So yeah, we can go with that for
the pronunciation.
Okay. I'll wait to hear the sound effect and then that's how i will uh pronounce
osito going forward unless you like my barthelonian list i can i can keep saying it like that
but let's let's get into osito tell us tell us about this amazing product you're working on joey
let's get into it okay so osito basically there's a lot of launchpits coming out right now.
They're all essentially writing in the wake of PumpFun, which has proven crazy PMF, looking at the fees.
Of course, that's going to attract a lot of just straight up copies, but also attempts to optimize it in some way.
The fundamental thing with all of the like,
use trading fees, give it to the creator,
but also save some for the CTO,
give some portion of the tokens that are launched,
give like 10% to some stakers of some other protocol token,
all of this stuff misses the fundamental point
that currently the only way
to actually get value from a token launch or a token of which you're an early holder,
or even a token that you're trading, is to sell it when the price goes up to a certain point,
and to dump on other people. And this creates this inescapably Pvvp game around token launches and when liquidity is coming in like liquidity
that that's tolerant of that level of risk that's great like this will generally go up and you can
pvp happily but when new liquidity is not coming in and even worse when liquidity is leaving um
it gets super vicious.
And you can see this in many charts over the last couple months.
So there's two issues here.
And they're interrelated in terms of how to solve them.
So the first issue is that, like I said, there's no path to making money from a token other than selling it.
So that's issue number one. Issue number two is that token launches will ever only be touched directly by the most risk on capital in the space. And to be on chain, you
already have a certain level of risk tolerance. But once you're on here, there's like a wide,
wide spectrum of the amount of risk you'll tolerate. So there's like the trenches, there is
like DeFi, which is kind of in the middle, like there's more degen sections, there's like the trenches. There is like DeFi, which is kind of in the middle.
Like there's more degen sections.
There's less degen sections, but DeFi is kind of in the middle there.
And then there's like the billions just in stable coins trying to earn above like the
treasury rate, right?
Right now, the only capital available to token launches, period, and to launch pads,
is the most risk-on trench type of capital.
And that supply is the most sensitive to the macro risk environment
and the rates and all of this macro stuff that is just totally unreliable.
It's totally unreliable.
So Osito does two things, and it sort of solves both of these issues.
So Osito does two things, and it sort of solves both of these issues.
So the main innovation is that Osito allows immediate use of any token that launches there as collateral for borrowing both stablecoins and launching on BarraChain, WBara, right?
This seems, when I say this to people, it seems crazy because it's like, how could you possibly safely loan stablecoins or the chain's gas token against something launched like an hour ago or less?
And you can't if you think of it as a typical margin lending protocol. and just change the parameters to be like super high minimum collateralization ratio
or crazy like punitive liquidation,
you're still not going to be able to get the risk to match
like being able to lend against a newly launched token.
Those tokens are way too volatile.
There's no price oracle.
You just, you can't do it.
So this is why only like the top 20 most blue blue chip tokens can actually serve as like collateral for stable coin loans in normal money market protocols.
Because they have all these crazy risk requirements because that margin lending model, it's only works with the most liquid, most established, most like Oracle feed, having tokens in the space.
And that means that meme coins and new token launches, all you can do with them usually
is buy and sell it.
And even if you're taking the fees generated from those buying and selling and doing something
with it that can reward the creators or reward the community members, whatever you're doing,
or reward the community members, whatever you're doing,
that's still completely dependent on totally risk-on,
trench-level risk-tolerance capital coming in
and playing with your protocol and bidding tokens.
So what Osito does by allowing the borrowing of stablecoins
and gas tokens against these newly launched tokens as collateral,
you bring in that huge, huge, huge amount of risk off capital
that previously would never touch new token launch pads or anything like that.
And because the way that we price the risk
and the way that we think about loans and risk and everything is fundamentally different,
think about loans and risk and everything is fundamentally different, that stablecoin capital,
that risk-off capital can lend in a single pool, not even choosing which tokens are lending against,
not even really thinking about what tokens are being launched. They can lend against every token
that's launched with zero exposure to that token's price action. So they can then earn totally outsized yields because
the borrower, the person who has one of these tokens or a basket of these tokens and wants to
borrow stable coins against them, there's no competition for that. There's no other protocol
that would ever lend against the Red Kev token or whatever that you launch on there an hour after it launches.
So the rate insensitivity of the borrowers combined with the pretty much deterministically
zero risk of loss to lenders creates this incredibly compelling yield opportunity
for capital that would never consider engaging in token launches previously.
So that's sort of like the ground level, what Osito does, how it changes the whole game theory around token launches and how it can actually start fulfilling the whole internet
capital markets thing, not in a purely memetic way, but in a way that like, I'm a cafe, I
need to get like a new roaster.
I can go to the bank for a loan or I can try to like go on Kickstarter, but this could
eventually become a true alternative where you're not just forced into pure meme coins,
even though I think I love meme coins and I think they're going to be the main use case
in use case for OZITO for a while,
for Osito for a while.
not having to sell, not having to PVP
in order to actually get capital
from internet capital markets
is the real game changer.
Okay, nice.
There was a lot said there.
Can I try and break it down into a way
that I think I understand it,
which is kind of in a simple layman's perspective
for some of the things you were talking about
in a high-level kind of way.
So, Zito, it's like PumpFun where you launch a meme coin,
but you can take a loan out against the meme coin.
But the way you're doing that is you're having
an amount of that capital is kind of secured
that can't, I guess, be liquidated.
And then from that, you can then take out a loan. Is that a high-level way of kind of explaining what you't, I guess, be liquidated. And then you, from that, you can then take out
a loan. Is that a high level way of kind of explaining what you said? Is that fair? What do
you reckon, Joey? Am I off the mark? No, that's totally accurate. I mean, it's basically,
the name of Osito, Little Bear, it's basically treating like the littlest tokens and newest
tokens as if they were whitelisted on Aave, basically, where you can immediately use that token as collateral for borrowing stable coins, right?
Like, you don't have to sell.
And when you do that borrow, you retain full upside exposure if that token decides to really become a runner.
You're not selling and getting rid of that upside exposure.
You're not murdering the chart in order to get stablecoin liquidity
or to get WBARIT liquidity.
You're actually removing tokens from the supply that could be dumped
by locking them as collateral and retaining full upside exposure.
So yeah, you're spot on with that.
Cool. So it essentially means the team doesn't have to rug the token
in order to, I guess, if they wish to bootstrap capital
through such a means as launching a token.
Would these loans specifically be only for a team
or do you see other kind of holders of the meme coin
being able to do a similar thing?
Or, I mean, who are you targeting specifically, I guess, with these loans?
Yeah, no, we make, on a protocol level,
we make no distinction between the team or the early holders or anything.
So anybody who's holding this token has access to this functionality.
And this becomes like a reason to bid the token, period.
Even if you have no idea what the meme is,
you have no idea what the project is, you have no idea what the project is,
it's very easy, and we make this really intuitive
in the UI. You can just
kind of auto-bid everything that launches
and get this giant basket
of all tokens on Osito,
take max leverage loans against
them, because there's no liquidations in Osito.
The worst thing is you just
lose your fee, and the token goes to zero,
but you're not really liquidated.
And then borrow as much as you can against it.
The couple of tokens that become runners, you have full upside exposure.
90-something percent don't become runners.
It's fine.
You basically have this power law strategy that is really simple and easy to put together.
So yeah, everybody has access to this functionality,
and it becomes a reason to bid new tokens that doesn't exist on other launch modes.
Yeah, when you put it like that, that actually sounds really bullish.
It's a great way to kind of spread your risk tolerance
throughout all the meme coins on the platform
and the few runners that could work.
But even if some of them go to zero, you've at least,
you know, some of them go to zero, heaven forbid,
but you have at least kind of secured some kind of risk off
from it by taking out a loan.
So I guess as the market cap increases on a said coin um let's say
we have red kev coin that's launched um so maybe if the market cap starts at 100 000 there would
be x amount that you could take a loan out against right and i guess if the market cap
a cap went to 100 million eventually as red kev coin would of course um uh you'd be able to take
out a larger portion of the loan i guess so are
you kind of like cutting for lack of a better term you're kind of creating like a small targeted kind
of honeypot on on the entire market cap that you can kind of keep increasing over time as as the
market cap increases if that made sense yeah so market cap definitely plays a role in determining
how much can be borrowed against a given token.
But what we do, it's actually simple and it encompasses that.
We just simulate what is the spot price of the token if all of that token supply that could possibly be sold is sold.
So we simulate the max dump spot price, the worst possible spot price that you could have.
And that's the price we use for all leverage, for all loans, for everything. simulate the max dump spot price, the worst possible spot price that you could have.
And that's the price we use for all leverage, for all loans, for everything.
And that's really the only way you can safely lend against an hour-old token and guarantee zero risk of loss or zero risk of insolvency for lenders and not even have to have liquidations
because you know the lowest price the token could
the collateral could have so you just issue loans at that lowest possible price and you know you
know they'll never be insolvency so yeah to answer your question market cap definitely plays a role
because when you're calculating what is that that maximum dump the amount of quote token on the
token's bonding curve which is ultimately like the market cap um is what's basically absorbing that
dump right so the more the higher the market cap the higher the lowest possible spot price will be
and thus the more you can borrow against the token.
So yeah, you're right.
Okay, that's really cool.
I guess it's also worth mentioning,
which you were kind of alluding to when you were explaining it,
is like, because I think a lot of people,
when they think PumpFun,
they think you reach a certain level
and then the token will graduate onto a DEX like Radium.
Or I guess now PumpFun has their own native DEX.
But I remember you saying in our last chat
that that's not quite how OZITO works.
So for those who might be looking at the graduation point,
how does it work with OZITO?
Sorry, I keep saying it wrong.
No, you're good.
You're good.
So yeah, so tokens never graduate off of OZITO, right?
I don't really...
Graduation, my theory, is that it's just an opportunity
for the team or the super early holders
who got in before it bonded out to cash out, right?
Like, that's how graduation works right now.
So Osito, obviously, you don't need that.
They can get liquidity right away,
which means there's no reason for the liquidity to ever leave Osito, right?
Osito's a launchpad, but there's no reason to go on to some other random decks.
The cool thing that that lets us do is we have the simple XY equals K Uniswap V2 style bonding curve, right?
It's much more simple than like a Univ3 tick-based concentrated liquidity.
The downside of an ambient liquidity DEX like that, though, is swap execution quality.
But what I found in my research is meme coin traders and just early like speculators on new tokens period
they actually love high price impact they they love it when like trades make the price go really
up and really down but they especially like it when trades move the price up so what happens on
ocito is because of that max dump price that i mentioned, which is like the heart of how we do safe lending,
any liquidity below that price on the curve, we just chop it off, right? We chop it off and we reallocate it to the region of the curve above that price point. And that's not actually like
something we need to create specific functions for in our smart contracts.
It just kind of works that way with a constant product curve, which is really cool.
But what that means is liquidity, like the price impact of trades, never really diminishes the way that it would happen if you're just adding liquidity to a normal liquidity pool.
Because there's just less slippage, but less slippage means you need more trade size to move the price up or move the price down.
But it sets the floor that continues moving up with every swap, every opening of a long
or short, because all of those fees are going to buy and stake the token, removing and lowering the amount of the token that can be dumped,
which again, is raising that minimum worst case price.
So it gives exactly what traders like, which is high sensitivity of price to trades, high
price impact with a maximum downside that continues to rise with volume.
So I guess one thing I'm thinking about here,
so obviously we're going to launch a THC token, ticker THC.
It's a banger ticker.
So if we, you know, say we launch that, we take out a loan.
Can I just keep looping that and then buy more THC with that loan
and then do it all over again?
Can I just continue to loop until just out of any potential loan here?
Not only can you do that,
but we make that a super easy one-click multi-call on our front end
because I think a lot of people want to do that.
And you can do that loop strategy.
And again, there's no liquidation.
This is the, this is sort of the thing that I think it's going to take a while to really
sink in for leverage traders where our tech is such that there's never a potential of
insolvency.
So you can just lever to the maximum and you're never going to get liquidated.
What you do is you just pay a higher fee based on usage.
So really, the way to think about it is almost option-like, where when you originate this super lever long on DHC token or on RedKev token or whatever, the opening of that position, you're using the worst possible price that THC token could ever have based on that dump simulation, right?
So already your loan is in the money.
Calling it a margin loan is not even useful.
Your option-like position is in the money because the spot price is always going to be above that minimum max dump price.
The lowest the spot price could ever go by definition is that max dump price or that floor.
So you are paying interest, though, and that interest just accumulates as additional honey or whatever the thing you barred against it is that you have to pay to get your collateral back. So assuming THC token goes up,
you're already in the money
because the loan was,
or the position was issued at that maximum dump price.
All that has to happen is
the price appreciation of THC
needs to either continue or stay flat
that it's still,
even with the interest that you accumulate,
given the length of time the position's been open and given how high the interest is based on the overall usage, that interest plus the, basically the price appreciation minus the interest that
you pay is still greater than the spot price,
it makes sense for you to basically unwind that position at a certain point of profit from it.
So that sounds a little more complicated than it is, but basically, it's like a...
Think of it more like an option, where you never get liquidated on an option.
The worst case, it expires out of the money and you paid the fee.
So that's more what loans, we call them loans because it's just a familiar UX, but that's
more how it actually works in Oceto, where you can't get liquidated and your cost, your
biggest loss is basically the fee that you paid or the fee that you continue paying to
keep it open.
But in most cases, unless the token really crashes,
and at that point you already have your stablecoins,
you just kind of walk away from it,
you never pay the interest because you never unwind the position,
which is fine,
you have this really interesting asymmetric payoff
where it's completely uncapped upside,
especially if you misleverage,
with really, really really really limited downside and this is something that i think will immediately uh immediately appeal
it'll be a little bit of a new primitive but the ux is so familiar with like just
gmx style like leverage interface that I think it'll almost be like
I can talk about this, I can put it on in the docs
whatever, I think it'll be a process of discovery
among people who like to trade this way
and it will absolutely spread
Yeah, lovely
I guess the other question being a barot chain project
is uh are you implementing pol in any regards with or fito
the way you're pronouncing that is sending me every every time you say it
i think maybe it's like the the australian accent
overlapped with like the like
Catalonian Spanish accent.
It's like,
So the way,
the way that it interacts with PUL,
it's pretty simple,
but it's effective.
basically the,
the way that you lower the dumpable supply of a token
and thus raise the amount of leverage you can take out
on the capital efficiency of that and everything
is staking the token.
So THC token, for example.
If you're holding it, you might want to stake it
and you might want to even lever long to kind of leverage your farming of this token.
And you can even open a short position simultaneously and be completely unexposed to THC token price
and just get like a carry trade basically on it, like very easily spun up on our front end.
Reducing that token supply, again, reduces the amount that can be dumped and thus like you're
earning yield from borrowers who are paying you essentially to reduce that that dump will supply
because that lets them borrow more it gives them higher capital efficiency all of that stuff so
yeah that's um you know that's like the way we think people are really going to interact with this.
And then Redrum is here, and I think Redrum's at the gym right now.
But one of the integrations we're the most excited about is this kind of auto-ape vault
that will be very easy to use on barot tracks with the integration where this vault
essentially auto buys like any token that launches on ocito it automatically just apes it it doesn't
there's no human control um max leverage it long and then also creates a short to hedge it, and then basically just farms
the yield from reducing that dumpable supply. And this has an immensely positive effect on
every token that launches on Oceto. There's immediate volume, there's immediate buy pressure,
even shorting it, you do that synthetically, so it's not like shorting will murder the chart in the same way.
But what it really does is it ratchets up that minimal max dump price as quickly as possible for pretty much every token.
And that really maximizes the utility of just borrowing stables against it.
And that increases demand for stables,
which increases yield for stablecoin lenders.
And it's just this very,
from very simple core mechanism,
this remarkably efficient flywheel that ultimately, I mean,
the goal of all of this stuff is
Osito makes tokens go up.
Like tokens that launch on Osito,
you don't have to understand any of this.
It just has this eerie buy pressure that's kind of on every token that
launches there.
And that's really what will make new projects want to launch on Osito and
what will draw interest to coins that launch there because there are these mechanisms backing them
nice um i guess another question is you're kind of hinting is uh is what when when or
are we are we getting offito soon
yeah incredibly soon um like not defy soon, actually soon. So we are in the the, like, you know,
Asian members, Baruchain founding members,
others who are coming on to Baruchain
and have had tremendous success elsewhere
and are coming on to Baruchain specifically to launch on Osito.
So it's really, like, on the building side, it's done.
It's just coordinating an absolutely face-melting launch of
tokens that, a combination of
meme coins and project tokens
that have not TGE'd yet, that are going to be doing it
on Ossito.
Tez, are you
planning on launching the THC token
on Ossito?
launching a token, no.
The answer is no. I'm'm gonna talk him into it one day
i'm curious to know i guess that there was some serious kind of illusion system alpha there of
who might be additionally to hear that you might be working as a bit of a launch pad which now
makes sense when you talk about kind of like the ethos of why you set up this structure but i guess
maybe you're not willing to divulge that wait where should i check joey are you willing to
divulge some of these some of these people that's a no um i want it i want it i want it to be a
surprise uh i think that that's that's generally gonna kind of concentrate the most energy and
let's be honest like any launchpad no matter how cool the design is it needs pretty early on to produce a runner. And that's the only thing that really matters.
Like other projects, traders, everybody need to see that
some token that launched on Ocito crossed that magical 10, 20 million market cap.
And it honestly needs to go far beyond.
But just to break through that level of attention
and kind of break the Barachain curve, call it,
with tokens that launch here,
you need to hit that.
No, come on.
I absolutely love building here.
I love the culture.
There's no other chain I'd even be considering.
I think the setup is amazing,
where you have, yeah, no runner yet,
no breakout, whether it's a protocol, a token,
no super, super obvious breakout,
but a lot of people and a lot of capital waiting for it
and ready to jump on it.
So that's an excellent setup.
And then tremendous support from,
I mean, between like, if I can glaze for a second, like Jack, who brought me
into the bear chain in many ways, uh, who I knew from back in his polygon days, uh, Smokey, who I
met through OM, uh, and then just joining the space, uh, one of the nerdiest, smartest mechanism
people who I just spend many, many, many, many, uh, hours going back and forth
on ridiculous, uh, ideas, some of which are probably going to be revolutionary, uh, Carnation
in, uh, that those three on the team, I mean, I could not possibly be more bullish on this,
but, you know, being realistic, like, and I don't see this as a negative, the, the setup is perfect
for something that's going to produce the first runners.
So that's definitely the single task of Osito as we launch really soon.
Well, I guess in saying that, then...
Oh, you go ahead, Red.
No, I was just going to say, I think he kind of hinted at a couple of things.
I feel like I might know a token that might be launching there now that... I don't want to say it now. I don't want to spill the beans, but okay. I got
some ideas now who might be launching there. Yeah. Yeah. I dropped some hints in that, that
steady Teddies group we have going. That's, that's the one that I'm personally going to probably,
probably did the hardest initially just cause I love the – I don't know.
I've just been repeating it to people all day, and I've gotten super annoying.
But it's just – yeah.
Yeah, there's some good stuff coming.
There's some good stuff coming.
I will say that one, the one you're alluding to, it would make a pretty good PFP as well.
It would look pretty funny on the top.
All right.
Just saying.
You can't just be all like, oh, I know the ticker.
You can't be edging people like this. What off i can and i will uh you've seen me
post six figure apys not tell anyone what it is i can't and i will no there was there's a a protocol
coin that i i feel like joey might have been alluding to but now i don't want to say it if
it is true, but yeah,
let's just,
let's just leave it here.
it's a good combination of a couple,
as far as I know,
because people can,
this is the beautiful thing about a launch pad.
People can just launch a ton of insane shit block that I have no control over.
And I can't,
I can't wait to see that.
But in terms of the stuff that I am coordinating to make sure that it is on
it's, it's going to be kind of more heavily towards tges of very cool projects not all at once but
a good lineup um with a meme coin or two that are that are near and dear to my heart thrown in
so i'm guessing like i have to guess everyone's ears are burning right now because you alluded
to like we need this runner.
We need this champion coin that's going to save Bearachane, not to be too dramatic.
Do you have, and I'm sure everyone is like, well, what is he talking about?
Because it sounds like you might be, you know, possibly trying to push a particular token at launch.
Is there any clues or hints you could give the people?
I'm just sure everyone is sitting there with a hand ready to write down a ticker.
I'm not saying a ticker yet because it doesn't exist yet.
We have not deployed it yet.
And also, as the Launchpad founder, there's some, even if I am excited about something and I'm going to shill relentlessly any token that launches on Osito, right?
Just because that's, I'm the founder, the marketing for a launchpad are the tokens.
There's no community, there's no product, there's nothing outside of the tokens that launch there.
nothing outside of the tokens that launch there.
So we are not,
Osito itself is not able to or trying to be like the,
the bursts of thunder.
We're just trying to be that like vast plains where the thunder tends to,
tends to happen and the lightning tends to happen.
So that's what we're going to be talking about.
We're not launching our own token when we,
when we launch the protocol,
There are plans for an OCTO token
that it's going to be a revenue token.
That's not going to be competing
with these initial ones that are coming out.
We need to have traction,
we need to have revenue,
all of that great stuff
before we actually have our own.
So all of the focus is going to be on these tokens.
But yeah, it's going to be the most effective.
Let me put it this way.
You will, when OCTO launches and when these tokens come out,
from what I've seen, I think that it will be inescapable,
especially with the feeds that we all probably have here.
And how soon did you say it was?
Really, like, super fucking soon.
Like, down to death.
Trying to get it out, yeah. Fair enough. Yeah, yeah, really soon, like down to, uh, trying to get it out.
Really soon.
because here's the thing with any,
I've said soon way,
way too many times.
And I was very,
very like convinced about this.
And I believe the depths of my soul that soon meant soon.
And like some weird thing,
like some individual auditor who like,
I hadn't heard from in a week suddenly got back with a crit.
Stuff like this, when you're deploying something that will hold user funds,
there are so many things that can come up before you've formally verified and known that everything is basically invincible.
We're past that stage with the contracts,
but there is a security surface with the front end
and with the way that we do multi calls and stuff like that.
That, yeah, it just, I can't say a date yet,
but it's looking very good
and it's looking like we will be on mainnet.
Yeah, just, I'm gonna say soon. I'm gonna say soon i'm gonna say soon that's
the best that's the best i can do right now he almost he almost said a date i can hear he almost
slipped up and said a date we're so close we're so fito soon um i mean it's very bariculture to
say soon or thun sorry not soon but thun and then of, you know, drag it out a little bit. And then, yeah, drag it out for a couple of years.
I've done this, like, even before I was in Bear Chain.
But my favorite thing to do is to say soon with the trademark emoji.
Because that can mean anything.
Soon can mean five minutes from now.
It can mean two weeks from now.
It could mean a year and a half from now.
You never know.
Yeah, so I'll be a little more specific
when I say soon.
It's not months.
It's not weeks. It's barely
days that I'm talking about.
Let's leave it at that.
Could it be before this spaces finishes?
Could we have those either?
That is unlikely. I am working on it. it be but before this spaces finishes could we could we have those either that that is that is
unlikely that is unlikely i am working on it impossible during this possible but i'm working
on it during this space hey if anybody is is super nerdy on this and they want to check out the osito
repo on github and actually see us live pushing this uh brilliance onto GitHub.
Hit me up in DMs, I'll add you.
But yeah, we're going.
I was brought into a space while I was showering this morning,
and I generally don't take my phone into the shower,
but it's just like every minute at this stage,
we need to be moving forward
because it's just pure execution.
We've had these ideas and we've been
going back and forth with
Carnation, one of the biggest targets
of those discussions, but others as well.
We're very much in the execution part.
Beauty, I also want to throw it out.
If anyone has questions for Joey,
please, please drop them in.
And I also want to offer an invitation
to Karnation to jump up
if you wanted to add anything as well.
I've seen you've been called out a couple of times.
We see you.
I also do want to throw it out there.
I blame Redrum for getting you on stage earlier
while you were showering and bugging you.
Was that really what happened?
Yeah, well, I mean, not exactly.
But, you know, we kept talking about the Baratracks Osito little thing they got going on.
And, yeah, I think we finally pressured Joey to get on stage.
And then, yeah, you just heard the shower in the background.
Classic founder.
So you were doing his spaces while naked, I'm guessing.
Just asking.
No comment, all right.
It'd be like that.
It'd be like that sometimes.
Actually, I have a question.
Do you think it's weird if you take phone calls in the bath
do you think it's a weird place to have a phone call
or do you think it's fine to have phone calls in the bath
random side question
like a bath bath or like the bathroom
just like in a bathtub
in a bathtub
if I was in a bathtub yeah I don't think it's a big deal
that's true
yeah I thought so too but I remember someone saying it's weird
I don't know
I've been in spaces in a bathtub before it's it's relaxing
like with water in it or just sitting there
no yeah I was just I was just sitting there yeah yeah man I was just I was
just sitting in the bathtub right actually where he sleeps yeah I was
actually trying to fill it up with tears um after the recent uh market dump but
we don't got to talk about that too much.
Guys, can you all hear me?
Can you hear me?
Yeah, we were just asking if you were naked earlier.
That was the question.
Yes, during that,
during that,
indeed, now not,
I'm about to start driving,
so that's why there's a little transition in the car right now.
But yeah, no,
if anybody wants to ask any questions about Osito,
I'd love to get into a discussion about that.
I know Slow Gold
always tends to have good questions,
and I apologize if I just put you on the spot,
but I saw Slow Gold come up on stage, so
if you had a question,
that was a good time.
You did put me on the spot.
Oh, I'm sorry. Also, I'm pretty sure that I was the one that forced Joey to talk in the shower this morning.
Because he got to ask him random things, and he obliged to answer a few of them.
No, those are good questions.
Well worth it.
Yeah, I mean, they're great answers.
So, I mean, one of the things we talked about on there was you do have this untradeable pool that is setting sort of a floor for how low the price can go.
weren't there this morning is an opportunity there of course is to be able to use that
locked up set of liquidity in a proof of liquidity vault or something of that nature so you could be
what i had wanted to ask as a follow-up there is i would think potentially you can then wrap in
any emissions back into that pool to grow the value and then potentially still be raising the
floor. So you have the floor raising by fees as well as this emissions. Does that sound
possible? Yeah, no, that's spot on. And actually, we're working with Bearap paw to similarly make their LBGT, LST for BGT, one of the quote tokens you can
actually bring in. So similar to honey or WBera, and it would work in a very similar way there,
where tokens that are earning emissions as they're just kind of sitting as collateral for loans or staked to earn a yield, those emissions are basically treated the
same way that swap and leverage fees are treated, which ultimately just go to buy and remove the
tokens from circulating supply, from that float that can be sold. So yeah, the way to think about Osito is almost like a ratchet, a mechanical ratchet,
where every little bit of random motion of trade, opening a leveraged long or short position,
earning yield if one of the tokens is yield bearing, or the token is not yield bearing, but we're basically earning yield
on it because like you said, through POL, you can just use that and kind of not rehypothecate in
the sense of taking it out of the vault, but use that to earn POL emissions. All of that additional
yield, which is exogenous to O osito is directed towards the same thing which
is just ratcheting up that minimum price floor yeah i kind of kind of figured based on your
answer this morning but i never got to ask it directly i have a couple other ones if it's all
right of course all right here's a couple random ones i was's all right. Of course. All right. Here's a couple random ones.
I was fiddling with the calculator on there.
I don't entirely understand it.
But am I correct in assuming most of the time
when you're pulling loans off these things,
I guess the term would be the loan to value
would be pretty small percentage.
It would be like 1% or 2%.
It would be a very low loan to the actual value
of what you're holding in any token there.
I mean, that totally depends.
It actually, it is good at illustrating this point.
It totally depends on how much of the supply
is actually float versus being staked
in Oceto slash locked up and being
used as collateral.
So as the percentage of the supply becomes essentially non-dumpable because people have
staked it to earn yield or they're locked in as collateral for loans or for those positions
where you can go leverage long or short
or just borrowing stable coins because they want liquidity um the effective ltv starts to get
really high uh like higher than you'd be able to get at like a typical money market where there's
like 120 to 150 percent minimum collateralization ratio. So it's all dependent,
and this is very unique to Oseto,
but it's all dependent on
what percentage of the total supply of the token
is able to be sold at any given moment.
Is it clear to you when you're staking
that, like, do you lock it for a period of time?
Or are you, depending on how many people take loans,
you sort of come back and realize how much of your stake is now not something that you can pull anymore?
Yeah, it's the latter.
So there's no kind of time lock mechanism anywhere in Osito.
It really uses the most standard
DeFi lending pattern, which is, you know, if you're providing USDC in AVA and you want to
withdraw, well, that depends on how much un-lent USDC there is in that vault, right? And that's why
the interest rate goes up when usage is higher, because you're compensating the lenders for the liquidity risk.
You're trying to attract more liquidity so that they can withdraw if they want to.
And you're also encouraging borrowers to wind down their loans because they're paying higher interest.
So that's exactly how it works.
I mean, we literally use that pattern with like Honey Lending and WBAR Lending in Osito.
But we also use that pattern for staking of the token that was launched, staking of the Osito tokens.
You're not actually lending out those tokens.
You are lending leverage headroom, more or less.
And it's consumed in the same way.
It's the same pattern.
But with staking at any point, you would be...
Traditionally, you'd be able to pull out anything that you had staked.
But in this case, if you had loans going out on what had been the new float,
and some of that is based on how much.
Yeah, it's exactly the same logic as lending a token in a money market, where just based on the usage of the entire supply of that vault and how much you want to withdraw, you either can or you can't because a certain amount of that supply is being consumed by borrowers. But just like lending USDC and AVA, if you can't get your stake out because usage is
super high, you're going to be earning much higher yield for staking because it is usage
We use the same rate curve for staking the token and reducing that amount that can be
dumped as we do for just lending honey.
I think I got you.
Yeah, it's a new concept, but it's using very familiar patterns that have been established
in DeFi lending.
So here's one other one that I'll throw out there and then I'll let other people jump up because I don't want to take all the time here. new tokens very early because if you are buying early and then there's really not a lot of
downside risk because again you're sort of ratcheting up this float or is there concerns
with just people coming in and just sniping everything that launches on a cd i don't know
if that's necessarily a bad thing but like it seems as though that becomes an obvious play at some point, and whoever has the best setup reaps the most rewards on this protocol.
where you're just going to get into an arms race
with sort of a not beneficial,
but just like an economic action
that will always exist with these structures.
So instead of trying to stop sniping,
you just make dumping
not the most profitable thing to do.
And that way, yes, you'll still have snipers,
but the snipers are going to be
either staking if the yield is super high or
locking those tokens as collateral so they can lever along on them if the if they think it's a
runner um they could even short the token but they still have to lock tokens for that so and all of
that again all that economic activity anything goes to buying the protocol, buying and staking the token so that the minimum floor raises
So the more that floor raises up, the greater the incentive is just from pure expected value
to get EV to dump the token and more and more to, you know, just take out a loan against it and retain that upside
exposure for very cheap or use leverage because there's no liquidation risk or just go to, you
know, total delta neutral carry trade with max leverage so you can just farm those fees as
effectively as possible. It's the existence of these other ways
to make money from a token
that are generally going to have greater upside
than just selling it,
that that's the way that we solve the sniper problem.
We know there will be snipers.
They can snipe,
but the real plus EV is not actually dumping.
You can snipe and do something else with the token.
In effect, is that what Trax, this Veritrax,
I don't know,
pool or product was going to be doing?
Just like snatching up anything that launches?
Yeah, exactly.
That's a great way to think about it.
It's just an automated...
Anything launches on Osito,
it buys, spins up a delta neutral position at max leverage with the multi-call setup that we have, and just allows, it's just a, think of it as like an Athena type thing for a token launchpad, right?
He's going through a tunnel.
I mean, Joey, I don't know if you hear me.
I'm very conscious that you've been on for an hour.
I want to offer you an hour because you have been on for an hour.
We usually divulge into vapid yaps at this point.
But if you're happy to stay on and answer questions you're welcome to but i also want to just uh
offer you that exit if you if you need somewhere to be no no no i i appreciate i definitely
appreciate the thoughtfulness um i would love to i'd love to answer answer and then as always my DMs on X
so any ideas or thoughts
that percolate after this call
or after listening to the recording
don't hesitate to hit me on the DMs
Slow gold I guess yeah
Bapid yaps, bapid yaps, bapid yaps
Oh I see he's waiting for bapid yaps.
Sorry, we'll, like, in a sec, Icy.
Slowgold, did you have any more follow-up questions, mate?
I can ask stuff.
I can just DM Joey.
I mean, my last thing is that, like,
the death of one of these tokens then ends up being that people just stop trading it.
Anything that you have loaned out, you're just holding whatever's been loaned out,
but people can't really pull out the rest of their stake or they can't take any more loans on whatever they have.
So the death of a token is it just sits there at some arbitrary value wherever people
stop trading it. And I guess it could pick up at any point. I mean, it's a really interesting
end of something versus usually you see it just die out to go to pretty much zero.
Yeah, well, definitely, definitely the going to zero risk is definitely, I mean, Posito mitigates that directly.
But what you're calling out where volume, I mean, volume drying up is actually, like, if you really look at the data, it's more of an issue for tokens even than, the price going super low like as long as there's volume there is vitality to kind of use a very non-technical term and all of the oc to fly
will that i described all those mechanisms all that stuff ultimately because there's always
interest to be earned if usage is super high then rates are yield is super high.
And that sort of prevents this stagnation in volume.
Because, again, volume on Oceto, it's not just trading.
It's leverage.
It's staking.
It's all of these other things contribute to the fees that a certain token generates.
And those fees are all used to buy and stake. So that is swapping, even in the worst case scenario, no humans or no bots are actually
exogenous to the protocol or doing any swaps, which is unlikely but possible. The protocol itself,
from all fees generated, even interest being generated by active
loans, not even additional actions, all of that is flowing through these AMMs and continuing,
preventing activity from just locking up at any point.
I didn't know if I got knocked off.
I think I got to come up with a better,
some better questions about,
because I'm just curious how it ends when people,
when I, I don't know.
I mean, essentially at some point,
the death of a token is always, you're right,
sort of no volume.
So there's no point in doing anything with it
because the slippage is crazy
and even if it has a value it doesn't really have a value uh i was just trying to think of
what the end of it is in the terms of this aceta thing but well let's continue it over dm's because
yeah the thing to keep in mind is with you bring up the slippage as tokens are are locked basically
that means that there's fewer
floating but also fewer on the bonding curve because it has to buy from the curve which just
means the injection of the quote token which in this case would be honey or w vera um so that's
yeah we these are all things you're kind of like walking through our development process speed
running it in a way which is cool um But I'd love to continue discussing this over
to you. I think that you definitely
have a deep
perspective on this that I'd love to
get into. I think just
people want to do some Vapid. You have to talk about
the eco now.
Yeah, I think I see squirming
like a kid waiting for recess
it feels like to get into some Vapid.
Let's do it.
I'm really being so strong and brave, so thank you for recognizing that.
What do you want to talk about, Joey?
Thank you, Joey.
I appreciate it, man.
Yeah, thank you, Joey.
In case he has to leave, I don't know if he has.
Yeah, yeah.
These are really good questions.
Thank you for those questions.
See to a soon, everyone.
Icy, did you have a topic you wanted to kick off with i guess we can we're
gonna let the floodgates open people i mean red kev can let people up on stage because
i made that mistake last time all right first topic of the day is physiognomy real
what's that is that like fizzy drinks like soda what is that? Is that like fizzy drinks? Like soda? What is that?
No, it's like the theory that there is a science behind certain facial features.
And if someone looks a particular way, it's indicative of underlying personality traits.
Oh, you reckon? I've never heard of this in my life like a cartoon character if they're like
oh yeah eyebrows like someone saying like physiognomy check is like such a thing
and people say it a lot um on x and it's usually not the nicest when they say it but uh yeah i've
heard of it i don't i don't know i don't know. I don't know if, I don't know how much credence is behind it.
I think, I think that it has some credence if you look at it from the perspective of like,
um, someone's like general, like, mog levels, I guess you could say in layman's terms. Uh,
obviously you have your, your prime suspects, terms. Obviously, you have your prime suspects,
like, for instance, Andrew Tate, that I think we can all agree is, like, low-key a piece of shit.
But, like, they say that, like, I don't know, like, sometimes if, like, someone has, like,
a dedication to, like, bodybuilding, for for instance that that's probably indicative of that
like they're very disciplined or stuff like that honestly i didn't have this in my head it's just
you said what's the first topic and that was the first thing to come to mind to kick it kick us off
yeah right okay that one's a confusing one though because if they're at the gym working out
you weren't you don't really tell by their facial features you just go oh yeah they got the rig
what we call the rig is like you know they got the bod so you would assume the rig yo that's a
banger oh i'm gonna i'm gonna start using that at the gym like nice nice rig dog oh yeah my past
stoner ass here's rig and I think something completely different.
Not going to lie.
It's what we say in Australia.
If you're like, oh, festival season, cuz, is the rig ready?
You know, so you go out to the festival and just, you know,
show off your roided bod to everyone, really.
Is the rig ready?
Oh, my God.
I'm stealing that for sure.
I love learning the new Australian slang.
You're new to me, not new to Tez.
I always love these chats because we get to learn some Australian slang.
It's true.
It's a cultural exchange.
It changes the meaning of big rig.
What is a big rig?
I know what that means in Australia.
It's a truck. It's like a that means in Australia. It's a truck.
It's like a 16-wheeler.
Transport truck.
The old big rig.
Is that like, I was trying to think of the word,
phrenology is the word that I was trying to figure out.
Is that kind of like, phrenology is where they used to measure skull shapes
and, I don't know, little deviations in your skull to to do something
about your personality honestly it was really racist when it was around so yeah was this some
like 1930s germany kind of face measuring kind of thing honestly that reminds me of that absolutely
epic scene from django unchained though where where Leo was like doing the whole like dining room
speech and one of my favorite like fun facts in movies period is that in that scene when he like
slams his hand on the table and like breaks glass he actually wasn't supposed to cut himself that's
literally him like cutting the shit out of his hand.
And that's his real blood that he smears on.
Oh, I forget the actress's name, but the gal who played Django's lady.
And so like no one was expecting that to happen.
And he just like rolled through with the rest of the scene.
Absolute professional. So I guess pay the big bucks. he just like rolled through with the rest of the scene absolute professional
so I guess pay the big bucks
yeah don't get me started
on Lord of the Rings movie trivia
because I will talk about the scene where
Viggo Mortensen broke his toes
oh yeah? did he kick an orc?
I don't remember that scene
what did you not know?
Tez, well let me explain.
So there's a scene in The Two Towers
when Aragorn, Legolas, and Gimli have long been hunting their small hobbit pals
and they get to the wreckage where the Rohirrim just like slaughter all of that like orc there were orcs but there
were also uruk-hai there is a difference uh but that like orc party wait guys i thought this was
vapid yaps and you're here talking about like the rohirim and the uruk-hai and stuff like this this
is like very heavy stuff like heavier than than what I was talking about. I think so too. Yeah. Yeah. We're kind of getting in the weeds. This is really good.
Anyway, I didn't mean to interrupt. I was driving and then I came back into this conversation. I
just turned it on. I was hearing this like super intense stuff. So yeah, please. He's like,
don't interrupt my vapid yaps. Like I've been for this sorry i see what's happening i get very passionate about my lord of the rings trivia okay i'll have
you know i see i see do you uh know that i don't know if it's tick tock or or what uh platform it
is but that guy who's like an airplane mechanic and he answers questions, but all the questions end up deviating into Lord of the
Rings stories.
No, but I kind of want to know this fine.
Oh, you got, you'll fucking love it.
It's, it's, I, I loved it for a long time.
He stopped doing it after a while, but it would be like somebody would send in a question
about like they saw something loose in an airplane and he would start explaining it.
And then like before you realize it, he was talking about something in Lord of the Rings.
You know what?
A gentleman and a scholar.
It's pretty good.
I'll find one and send it to you.
We love to hear it.
So are you team Aragon and not team Legolas?
so you know the the funny thing about that is when i was a wee cub i totally crushed on legolas
because he was like a pretty boy and my mom liked aragorn and i was like ew that's gross he's like
dirty and hairy and she was like oh honey someday you'll be a woman and you'll understand. And I was like, yeah, right. And I just like actually vividly remember the day where I realized Aragorn is way more attractive
than like Liss. And that was the day that I was like, oh my gosh, I've done it. I've grown into
womanhood. For guys, it's, um, you have a crush on Asuka and then when you get older, you have a
crush on Misato. I just want to
jump in here. For me,
in Lord of the Rings, it was Sam.
I always respected Sam the most.
You'd marry Sam?
He was Rudy, too.
I think this is just...
That has a different meaning in Australia.
This is pro-gender propaganda.
Wouldn't that be Gimli?
Surely he's a Gimli lad.
That's true. Yeah, where's your love for Gimli?
I loved Gimli.
He was probably the funniest.
Probably the funniest character, I think.
It's been a little while.
I've watched the Hobbit movies last year,
but I haven't re-watched the Lord of the Rings series been a little while. I've watched the Hobbit movies last year, but I haven't rewatched the Lord of the Rings series in a little while.
Dude, Lord of the Rings movies are like...
And that's my honest pick.
Okay, I wasn't sure if it cut out.
It didn't cut out? I don't know.
Wait, I see. Important question.
Have you seen Rings of Power?
Okay, look, listen, listen, listen.
I watched the first episode, okay?
And you know what?
The moment I saw elves have clipper cuts,
I was like, no, get this shit out of here.
Elves do not have fucking clipper cuts, alright?
This is culturally just, like, wrong and misaligned from Tolkien's vision.
What's a clipper cut, sorry?
Like a buzz cut?
Like the shaved sides, like, yeah, like using on clippers.
Like pinky blinders?
Like, elves are literally, like, known for their long, ornate hair with their braids.
They ain't walking around with a pair of clippers like,
Hey, yo, Galadriel, fade me up.
Galadriel.
That's true.
That's true.
So I stopped watching.
It was like I got to the middle of the first episode and I was like, this is canonically
I'm turning this off.
It's funny how when you're really into like a franchise like, like Lord of the Rings or
Star Wars or whatever, and it can just be like the smallest thing that just irks you
so much it could ruin the whole thing.
Just like a haircut or something like that.
You just like, you just clearly don't respect the source material.
I know the feeling.
I liked, I didn't respect the source material. I know the feeling.
I didn't mind Rings of Power.
I mean, it wasn't perfect, but the story was pretty cool,
and you had to see where everyone came from.
I don't know.
Some of it was pretty cool.
It was more the story was cool.
The idea of it was cool. But the fair point, the execution.
Was this the Amazon one?
Yes. Was this the Amazon one? Yes.
Was this the Amazon Lord of the Rings?
And it was like based on the Silmarillion, right?
Am I getting that?
Yeah, that's the one.
Possibly based on that.
That's the one.
I never watched that.
Oh, the end of season two was really, I think it was season two, the cliffhanger.
Oh, it was really good.
There's a really big surprise.
I won't ruin it for anyone if you do want to watch it,
there's a really good surprise in it that like,
I didn't really see coming.
I think it's almost worth it for that,
but they are long episodes and they get pretty boring.
It could probably have just been like a movie,
maybe two.
But as is typical
Hollywood, they have to stretch that
shit out to milk it
until it's completely dried up and
useless to them.
Yeah, thanks Jeff Bezos.
Cow sound. Cow sound.
I went right to crickets. My bad.
I like that Joey doesn't know how to do the sound effects. He just shouts out
Do the cat? He's also driving. Wait I can do the sound effects?
Wait what do you mean that?
Yeah, it's like the wand icon
Yeah, the wand icon
Teach a man to fist
You gotta get out of your system the first time you find out
Okay, alright
And with that, I gotta leave, but that was alpha, holy shit
Alright, spaces are never gonna be the same again
I'm glad we're able to go alpha for alpha.
I'm gonna let you guys know what you guys are.
Alright, kids are...
Perfect, perfect time.
Kids in the car now, so...
Alright guys, thank you for uh...
You're welcome to the bullshit voice transformer for uh wow that was amazing
yo it is over game over all right later guys this is a great space
see you joey thanks joey wow that was probably the most enjoyable discovery of the spaces sound effects I've ever witnessed in my life.
I think it was the voice changer that got me. I mean, I was happy that he found the buttons.
He was like, wait, what voice changer?
It was fantastic. It was like an acid flashback.
fantastic it was like an acid flashback because like what is that yeah well i'm glad usually i
feel like usually we get all the alpha and we never really like give a lot of alpha but like
i feel like we kind of went it was a mutual space tonight with osito like he told us all about osito
we told him about spaces sound effects like it was just very mutually beneficial tonight it was good
it was a fair exchange so you've had your hand up for a minute.
I like Newtizzy.
Newtizzy, what's going on, man?
Newtizzy, what's going on?
What's up?
I like Newtizzy, too.
I need to change my nickname to Newtizzy.
Like T-I-Z-Z-Y. Yeah, first of all, I just woke up and like five seconds later
I joined the space. It's definitely the better way to start the day than, you know, watching
Instagram reels or YouTube shorts for an hour before you, you know, wake up for real.
Unfortunately, Joy just left, but I have a question.
I'll probably send the question into his DM.
into his DM.
But maybe I missed that.
Did he tell you about security stuff?
I mean, considering the fact that all liquidity will stay on Acetola,
it's pretty risky to the hack if I understand it correctly.
Do they have audits or a bounty program or open source?
Or you don't know, and I better ask him in the end.
No, he did touch on this.
He didn't mention a bounty program, but he did say that they're taking the orders very
seriously and making sure everything's nice and airtight before they launch and he said that's essentially what they're making sure is all
good before they before they drop it essentially was what he said yeah i kind of i kind of took
like paraphrasing there yeah the reason it's not out right now is because they're prioritizing
security and it's taking longer to make sure everything's safe uh that's yeah that's kind of
yeah i mean he didn't touch too much on like what the audit is
or who's doing the audit,
but like, yeah, they're definitely,
definitely taking it very seriously.
And I know he said he's been having a lot of conversations
with the foundation.
So obviously they're going to make sure everything's
on the up and up.
So, but yeah, if you want to DM him,
maybe he can give you, give you more specifics though.
Perfect. Thank you.
And I also have a question to Isi Baran. on him maybe he can give you give you more specifics though perfect thank you and i also
have a question to ic baron um is it normal if i will stream um you know i'm i'm a man if i will
stream uh with uh baritone or with tuber uh girl baritone is it is it normal or should I grab a male baritone?
You know, that's a really great question.
And that brings up a very valid point.
I think, like, okay, so technically this is misleading because on the traits themselves,
it just calls every Tina or Chibi model girl and every Tony or OG model boy.
But the way I see it, that's not necessarily the case.
I think it's more of like there are examples of like girl Tony models
and there's examples of boy Tina models.
And you can really see that play out in the honoraries.
Like, for instance, Tez, Smokey, Jani, G-Honey, Pixel, all of their honoraries use the chibi model,
but they're very clearly boys. So that being said, I think you just have to take a look at your
baritoner in particular and decide whether you think that they're a boy or a girl, because at
the end of the day, that is up to you to decide and furthermore if
you do have like a very girly coated baritone er fuck it like that's actually i'm with icy
i'm with icy there yeah you get just go for it like the one i minted very feminine love it
i feel like that'd be a funny one to to vtube with and then like your voice just comes out
and it's very masculine i think it's funny like one of my friends uh has done some vtubing and he literally uses like an anime girl model
but he just has like a very obviously man voice come out of it i think that's great content
i think considering that 80 of ct is grown men with anime chibi kind of 12 year old girl profile pictures, I think it would almost be going against the norm if you used a masculine teddy, a masculine toner, sorry.
Yeah, I mean, take a look at the m'ladies, for instance, like, lady is literally in the name, but i think we can all agree that majority holders of
m'ladies are in fact not ladies well m'lady is it's literally a 12 year old japanese girl who
is obsessed with tokyo street fashion who lives on a computer all day that that is what the m'lady
persona is exactly so at the end of the day you know live your best life and you do you
and uh you know just be unapologetically you.
And if that includes having a girly coated baritone, then gosh darn it, that is your right.
This brings up a good question, though, because you're talking about the ladies are very feminine PFPs.
When you guys see Sprottos, what do you likefps when you guys see sprodos what do you like do you guys see feminine
masculine what's um what's the two senses here i see them as male yeah yeah i'm gonna like and
this is my honest honest reaction to that information is i i consider them very male
coded and the reason for that is that um and this is by no means any sort of insult, but like those things are cursed.
Very lovable, but very cursed.
Oh, thank you.
Yeah, I think girls tend to favor more like cutesy aesthetic things.
So I think, like I know some gals who use Sprodo PFPs, but just when I see it for face value, I consider it more like boycoded.
There's some very feminine looking ones, but they're rare.
And those, I think they fetch a higher price.
Because they are, yeah, they're a little rare, but okay.
Yeah, that's fair.
I mean, I think they're pretty pretty in the middle, like gender neutral.
If you look at my PFP, I think you'd be like, oh, that's a boy or a girl.
But, you know, just an opinion.
No, I don't know.
He looks like a dude to me.
I'm not going to lie.
He looks like a dude to me.
I think for me, it's mostly just like the suit and tie, because that's like traditionally a guy's fit.
But I see what yours is. I was going to say the exact same thing as I see the suit and tie, because that's traditionally a guy's fit. But I see what you're saying.
I was going to say the exact same thing as I see, the suit and the tie.
Oh, is that a jig?
Yeah, that hit deep.
Thanks, guys.
Yeah, that one hit deep.
Hey, you know what?
At least you... I have a fireman's hat for my nose, guys. Yeah, that one hit deep. Hey, you know what? At least you...
I have a fireman's hat for my nose, too.
At least you don't have the PFP that I do
and literally call yourself Queen on Discord
and are still constantly called Sir.
I have to admit, I made that mistake the other day.
I see someone...
I was trying to see someone called Louisa,
and I said, oh, thanks, bro.
And I was like, oh, shit, I should read names before I say things.
I look at SIR, if it's an E, S-E-R.
I look at that as like anyone, to be fair.
Yeah, no, that's fair.
But I've definitely called S-I-R more often than not.
And I'm like, at some point, I'm like, are you doing this on purpose?
Who writes SIR an i on in crypto
there are lots of examples
because i am called it constantly
i feel like that's almost like
i don't know too formal or something
there's something weird about that
to me i don't know why
that's okay because sometimes i'll just
hit him back with the sis
like s-i-s
and uh yeah you know funny how often they realize and correct themselves when
they when i hit them back with that i'm like oh i thought we were just calling each other anything
you call me sir i call you sis you know yeah no thank you sir thank you sir
I'll be using my
girl barrette on her
I love how he closed that loop
just like thank you
I'll use Tina
he's very confused
about genders tonight
I think that's what we learned here
he's just a little confused.
That's cool, though.
That's fair.
I don't think Kev gets the comment about being confused on gender
since we know about his Tinder dating history.
Man, I'm never living that one down.
I'm never living that one down.
Do you remember that time you got piled on when we had a spaces?
So many people were just fascinated by this.
I was like, wow.
Yeah, that was – yeah, well, because I think it was because it was in the
Tez and Kev show, the background.
I think you had the tweet in there.
So maybe that was it.
Yeah, no, that was a funny space.
Yeah, people were just – yeah.
Fun times.
I think that was – was that pre-mainnet? I think that was. Might have been pre-mainnet. It might have been. It might have just, yeah. Fun times. I think that was, was that pre-Mainnet?
I think that was.
Might have been pre-Mainnet.
It might have been.
It might have been, yeah.
We had more people coming to spaces.
There were more people around there.
I don't know what happened.
Yeah, I don't know.
Yeah, I wonder what happened.
All I can say, it's easy to be confused with genders when you live in Thailand.
That's true.
You know what though like i i gotta
say i i respect the fuck out of those thai lady boys because like they own it they are like yes
i'm a boy and yes i look more like a lady than you and like you know what i respect that hustle
yeah i really really like the thailand culture and the amount of freedom people have in
expressing themselves yeah they really just like don't give a rat's ass over there and
i love that for them
shout out the lady boys palto
yeah i can't see i saw some thai lady boys that looked like more feminine than I do and I'm like
damn bro you know like
they're the best in the game
give it up for the Thai lady boys
I don't know how to segue out of the applause
um so what's how
drink drink water how's it been post mint icy how are you feeling um wow, on one hand, just like this enormous weight is off my shoulders. And it's like I like Monday, for instance, like all of the exhaustion of the past week, and like honestly, past several months kind of just like hit me like a bulldozer.
like a bulldozer. But also, you know, the working, the grinding, the cooking does not stop.
I might be taking it a bit easier now, but we still have so much to do. But it's honestly
been really nice because like with Mint being over, I can go back to focusing on what I love
about my job, which is just like making the
community like a fun place to be in and, you know, come up with like contests or initiatives or
different ideas that just like make it an enjoyable place. And that's what I love to spend my time
doing. Like, for instance, in case anyone missed the alpha, we did start a baritoner book club.
So if you are a barra who actually knows how to read or maybe you want to get better at reading, you're welcome to join that.
It's not like Holder Gator or anything.
You just have to add a role and then it'll unlock the book club channel for you.
then it'll unlock the book club channel for you.
And so, yeah, that's been really exciting
because I've just recently gotten back
into reading actual real-life books.
So I'm excited to share that hobby
with some of our community members.
So stuff like that has been really fun again.
That's nice.
What's the book you guys are reading at the minute?
So we have to decide like how the
structure of this is going to go because on one hand i think it would be fun to pick a book and
all read it together but on the other i know that one uh people will inevitably read at different
paces and two not everyone has the same preference for genres so I'm trying to
decide like what the best way to go about this is uh as of right now because like I literally just
made this channel like I think two days ago uh as of right now we're just kind of like talking
generally about like what we're currently reading what kind of books we like um and now, we're just kind of like talking generally about like what we're currently reading, what kind of books we like.
And I think we're going to make it more of like a group consensus on how that structure is going to look moving forward.
I think it would be really fun to read the same books all together.
But like, for instance, like there's just certain types of books I don't necessarily care for, as I'm sure my preference
of genre is maybe not what others
prefer as well.
So, we'll see how that goes.
Did Barra Search join yet?
He hasn't, and
we really need him because he's
probably the only Barra
that actually, for real,
knows how to read. So, we really
need that in our membership.
That's fair.
I think he's in a little bit of a search-batticle.
He's just chilling for a minute,
and then he'll be back.
I love that for him.
Sometimes the sabbaticals are very much necessary.
Yeah, don't blame me.
There was a lot of accusations
immediately after the Mint started that the team is like
fucked off to the maldives and i'm like dude i wish i was fucked off the maldives right now
to be honest with you but no i'm not i'm here i don't know if i would ever read because reading
is it's pretty difficult i'm not gonna. But I did join a cinema club.
And we watched Donnie Darko last night.
And it was really enjoyable because it was just like five bros just drinking beers watching Donnie Darko.
Oh, that sounds great.
Bros, Donnie Darko?
Dude, Dreadcat, you've got to join in our movie days. Well, leading up to the Mint, I kind of stopped hosting community events because I was just, like, so busy.
But I like to stream movies every Friday, and I have affectionately referred to it as, like, T-B-I-F, Think Barra, It's Friday, movie night.
And there's actually a secret role you can earn in the baritone community if you join in on a movie night.
We have a lot of fun, honestly.
I'll stream the movie and then we all just hang out and chat and just make jokes and shitpost about the movie the whole time.
It's really fun.
Yeah, exactly.
We had some of those that tickered Bitcoin, but they were always on Sundays.
And Sundays is a really bad day for me to
like set aside two hours to just like sit on my laptop.
I feel that Sundays are the day where like to the best of my ability,
I try to like not look at screens and touch grass and see family.
You need at least one of those days,
And Sunday I feel like for a lot of people
just tends to be that like natural best choice day of rest sunday is um is donnie darko actually
like i haven't watched that since as a teenager and i remember watching as a teenager like oh
he's deep you know the rabbit man and time travel is it actually good or did it not age well i'm
really curious it aged fantastically and
i'm sorry i'm gonna do a little spoiler here seth rogan is in it yeah i had no idea he plays like
the school bully right yeah kind of he doesn't have a lot of roles and honestly i was pretty
bummed he didn't do the laugh bro i was so mad there were so many opportunities and i kept putting
in chat like oh this perfect moment for a sethogen laugh. He didn't really do the laugh and I was pretty-
He's probably too young back then. He hadn't built up that stoner cough that takes years
of inhaling weed smoke to develop that laugh.
Maybe that's it. Yeah. But no, it held up really well. There was a lot of like,
yeah, I forgot it. I hadn't watched it since I was a kid so uh it was it was cool to re-watch it and
I thought it held up pretty well still kind of confused um which I think is awesome when movies
can do that but not in like I don't know I don't know how to explain it but it it does it really
well that it's confusing yeah I'm I'm really curious I have to watch it again I don't know
if I'm gonna like watch and be like oh this was great what a classic or if i'm gonna watch it and cringe and be like i can't
believe i ever thought this was good it'll be interesting to see how i feel when i see it i'm
gonna watch it again soon and give you my report good good yeah honestly it was like it was
refreshing because like obviously on twitter all day you kind of like meet schizophrenic people so
it was like kind of refreshing to actually like see what someone that's actually schizophrenic goes through on like a day-to-day basis it's like oh
shit like they there's a reason you know people are like this like it's it's not easy to live
like that and uh yeah i don't know jake jillen hall's just a good actor man he always has been
yeah is it a metaphor for psychosis then and schizophrenia? Is that what the whole movie is? Am I going too deep into Donnie Darker right now?
It could be.
I don't know.
Honestly, I feel like I have to watch it three more times to fully grasp the full movie because it's been so long.
But yeah, I forgot how good it was.
It was a good movie.
All right.
I'm going to watch it again.
I feel like I need to watch it again.
There's some big actors. There's Drewrymore's in that there's like random
actors where you're like oh yeah what were they doing in this yeah yeah there's a few i forget
who else seth rogan was the craziest one because i was wayzee patrick swayze's in it yeah yeah
oh man ripped to a legend for real patrick swayze was a great actor. Yeah, yeah.
Roadhouse. Bodhi from
Point Break.
Point Break's a great movie.
I haven't seen that one.
That's my favorite Swayze. It's like a
cheesy action film with Keanu Reeves. Essentially
it's the same plot as Fast and Furious 1
but it was done before Fast and Furious 1,
and it's about surfing instead of, what do you call it?
Street racing.
Yeah, that sounds great, actually.
Dude, Swayze, Keanu Reeves, like cheesy action movie?
Yeah, it's good.
If anyone hasn't seen it, go see that one.
Then watch Tony Darko.
It's been a long time time but I do remember Point Break
wait what Point Break
oh yeah Surfing
yeah it's Surfing
I remember it being good but it's been a long time
I actually think the first Fast and Furious
is good too
I know it's a copy like beat for beat but it's also
it's also really good
well I mean how is it
how is it beat for beat
if one's surfing, one's racing?
Well, because Keanu Reeves plays a cop
who has to infiltrate this kind of racket of surfers
who are suspected to be doing a bunch of bank heists,
and then he kind of falls in love with the culture,
and he doesn't think they're bad people,
but then he realizes they actually are the bank robbers,
and then he has to go after them,
and he's like, it's family, but I've my job and it's like oh it's the whole it's the same plot yeah
but like one's surfing one's cars yeah we substitute them just substitute
yeah like obviously dude they're not the same because one's literally surfing okay
they're in california as well yeah but vin diesel's in one of them and
he's not in the other so yeah well swayze i'll take swayze in diesel if you ask me oh my god
dude oh i i was telling the cinema club a couple weeks ago i watched some vin diesel movie it was uh
the last witch hunter story was pretty good but vin Diesel was in it he is a terrible actor just tear like
he can't he can't like convey emotions at all like he plays Fast and the Furious he plays it
very very well he was really my god the Chronicles of Riddick but I feel like that's also because
Riddick as a character just does not have emotions no emotions exactly yeah he plays he plays those roles super well like go watch uh what was
it pacifier when he's like i was literally about to bring that one up and like okay put some respect
on my man's name because like that is a great movie like i still remember the scene where the
little girl is like why do you have boobs and he's like they're not boobs and i don't know that's just
like that's peak acting to me.
It's good content.
This sounds like another copy of Kindergarten Cop
by Arnold Schwarzenegger.
Yeah, goddammit.
Yeah, yeah, yeah, kind of.
Which is also a great movie.
I think all movies are just copies of other movies, Infinite.
Of 90s action films.
I think they're all just copies of 90s action films.
If we want to talk about an original movie
Very good movie
That's like a new thriller movie
Was it Jordan B something or other
That's in it?
Michael B Jordan
So she told me to watch that one too
It's fantastic
And it's I can't really Oh, yeah. So she told me to watch that one, too. It's fantastic.
I can't really... I mean, there's one movie that it's kind of similar to, but not really. I don't know. Maybe Tez will think it's the same movie as another 90s movie.
Terminator 2?
No. It's really good, though.
People kind of took a lot of deeper meaning from it.
Yeah, you should go watch it.
It's really good.
It sounds like a copy of Bad Boys 2.
Yeah, man.
Yeah, go into it thinking it's
going to be Bad Boys 2.
That should help understand
the movie a little bit more.
I'll see if it's on
Netflix. Is it like a thriller type of movie?
Yeah, definitely thriller. I don't think Bad Boys
is really a thriller.
All right. Yeah, I mean, I guess it's
not exactly like Bad Boys.
Let's see. What's it
kind of like?
You ever seen The Replacements
of Keanu Reeves? Oh, we have Keanu Reeves. I gotta watch it. Replacements? Keanu Reeves?
No. Oh, we have Keanu Reeves?
I gotta watch it. I love that Keanu Reeves.
I love that Keanu.
It's funny.
It's a football movie, but he's played
a football player in multiple
movies, and it's always
from the same college, and it's really funny.
I forget the other movie though.
I have seen that one.
I've seen that one.
The replacement one.
it was on strike and they got to come in and be the replacements.
They got the,
the drugged out kicker.
That's a great movie.
Nice. It sounds like, um, That's a great movie. Nice.
It sounds like it's a copy of Slapshot, though.
I love Slapshot.
Dude, I come from a hockey family.
I had to watch Slapshot a lot growing up.
Good movie.
I watched The Mighty Ducks a lot.
Australians love The Mighty Ducks.
There's no real reason to it, but we all just love The Mighty Ducks.
Have you seen what happened to the goalie?
Oh, he's going through a rough patch, man.
I don't know. Last time I saw him, he was, he was not looking good.
I don't know what's happened to him since, but yeah,
what he does is great movies.
Too many knuckle pucks to the head. Is he okay?
Yeah. I mean, more like, it looked like he got into drugs or something.
I don't know. Something, he didn't look good last time I saw him.
Oh, I have seen this.
Not ideal.
Well, this sounds like a great idea for a reboot.
You know why?
Because didn't coach –
Didn't they come back already?
Oh, I hope so.
No, no, no, no.
I thought they did a Mighty Ducks thing on like a Netflix or something.
Oh, they did on Disney+.
It was so bad.
I forgot it. I don't know why. I was looking at something about Mighty Ducks. I think a Netflix oh they did on Disney Plus it was so bad I forgot it
I don't know why I was looking at something
about Mighty Ducks I think it's because I did that remake
and then I saw the Goldberg thing
I thought you were saying Goldberg came back
already I was like hell no he turned his life around
they were like don't worry I'm rooting for him
we're going to put you right back into
right back into acting
no but Tez you have a good point but Tez, you have a good point.
Yeah, yeah, go on.
You have a good point to kind of reboot it.
Yeah, because Coach Bombay had a DUI,
and the community service he had to do was to coach the local hockey team.
So maybe Goldberg could have his kind of DUI sober up moment
and then coach the next generation of the Mighty Ducks.
That could be the reboot.
What do you reckon?
I like it.
Yeah. Yeah. I like change the reboot. What do you reckon? I like it. Yeah.
I like change the sport.
Give me the check.
Change the sport a little bit.
Just because, you know, you got to make it a little different.
But I think we're cooking here.
I think we're cooking with gas.
If you change the sport and you have like a dog or somebody that's playing too,
I think you got something there.
Like, or air puck. Why don't we just do
air puck and the dog plays with these
Yeah, bring back those really
shitty movies with the
animals that played sports.
That's what we do.
I think we got it.
How do you say it, Red?
Nuitizze. uh newy newy today how do you say it red uh new tizzy new tizzy whatever you like you you can pronounce it how you want i have a question to iceberg um how how you choose what movie
to to watch with community is it like a poll uh p and people can vote or for example if i want to watch um american psycho and a few episodes
of hustler university by andrew tate after that can i put it on a vote and if people agree we
watch it um so far it's been based on suggestion with the ultimate decision being on me but like for instance we like before
I paused the weekly movies we were all in agreement that we were on a Ryan Gosling marathon
so for like four weeks straight we just watched different Ryan Gosling movies um but the caveat to that is that because I do try to make the baritone community vibes, like, overall wholesome, we try to stick to movies that are, like, there can be, like, action and cursing and, like, you know, some violence and stuff.
But I won't choose, like like very controversial types of films because like for instance like
like i said earlier like my favorite genre of movie is horror but i feel like that's not
quite the vibe of baritone so it just depends on what the film is i want to see him I honestly hate horrors. I hate horrors. I never watched, like, maybe I watched only one horror movie in my life because I don't like to be scared.
I'm like basically like freebasing fear and anxiety.
And it's like, I feel like it's mental conditioning, you know?
Because like you get really freaked out and kind of like nervous and on edge with these
horror movies.
But like in all reality, you are safe.
And so I feel like it's just like conditioning myself mentally to withstand life's stressors more.
I might be completely wrong on that.
And I'm just coping for why I like to torture myself.
But I don't know.
They just like, they really fascinate me.
I love being scared.
Have you seen Creep?
Um, I actually have.
I know what film you're talking about.
Like I can picture the movie poster in my head, i haven't actually seen it very good uh if anyone watched the league uh funny fantasy
football show it's like the main guy from that who i've only ever seen do comedy is like yeah
in a horror movie oh it's it's great creep and then i think they made a second one in like a tv
show now what is what's like the main premise of it uh pretty much he
hires someone to film like a documentary uh but the spoiler is that he's a psychopath oh that
sounds fun it's it's pretty good because it's like kind of like found footage i love the found
footage movies where like someone's holding the camera and it's oh this could be real kind of
thing i love that yeah i remember blair witch and the first time
i saw blair witch like dude that like changed me as a person like i think that was the first
like major uh instance of found footage types of films if i recall my information yeah that
sounds about right to me there were people that that genuinely thought it was real and they were concerned.
Because they also went out of their way to choose unknown actors as well.
That movie is really great.
I feel like that movie is a masterclass in how to create a genuinely terrifying experience
with a very, very low budget like minimal to no like you know special effects
yeah it was marketed really well because the whole thing was just like is it real is it not
yeah that movie scared me as a kid too that was it was pretty that that style like about it so
yeah because Blair Witch like literally it was like I think it was like 10 grand it cost to make
it like it was so cheap and it did so well, but the found footage, what's the other
VHS? It was another found footage
movie. Cloverfield.
I found Cloverfield annoying though.
There's just too much shaky cam. It's like, why are you
filming everything? It was kind of stupid.
I feel like there's
definitely a balance to be
found in the sort of
shaky cam because sometimes it can really
add to the film and then
other times you're like dude i'm literally getting a headache can you chill out yeah there was a while
there where shaky cam just was out of control it was like so many films are just like intense shaky
cam all the time you're like what is happening you know what that's a big trend of the you know
what did it really well with the found footage was Paranormal Activity. Because no one was holding the camera most of the time.
It was just like...
Yeah, that one did it well.
Yeah, it was just on the wall or something.
Yeah, I agree.
That one was done well.
They're probably the two best, Blair Witch and Paranormal Activity.
The first one.
Because, dude, I marathoned all the Paranormal Activities.
There's like six.
And it's pretty bad.
Towards the end, they try to tie in this like crazy story and it's fine like the story is cool but like it didn't have to be six movies but like
the first one when that came out that's like that was great what they did with saw too like
not like saw too but just like the sauce series as well i should say because like
how many are those?
Like 12 of those are some ridiculous bit like that.
And they keep like coming up with all these convoluted ways
to like try to tie them all together.
And I'm like, dude, at what point
have you got to take a good hard look at yourself
and just think like, I need to stop.
I love the Saw movies.
Not all of them, to your point.
Towards the end, it gets a little...
I don't know.
He dies, then he comes back, then he dies, and he comes back.
And it's just like, all right, come on, guy.
Stick to something eventually.
It's like they ran out of money, and they're like,
all right, man, you got to come back for another one.
We're going to rewrite you back.
I feel like at a certain point, they just kind of knew
that unless...
What's the actor's name?
I think his character's name is John.
Unless they had him in the movie, no one gave a shit.
So they just had to keep coming up with excuses to put his character in the movie.
I liked him, though, because I didn't realize how many they made.
Maybe three years back.
And I found them all.
It was on Amazon.
It was on some streaming. And I was like, maybe HBO had all of them them all it was on amazon it was on some streaming and
i was like maybe hbo had all of them and i was like oh shit so like a weekend i try to watch a
bunch and the story's pretty good if you watch them in close succession to each other but like
they really don't need that many and now they got what was the newer one had uh chris rock in it as
a detective which just made no sense to me. He's a funny guy.
That's kind of strange.
I honestly stopped. I think I got up to
seven or something like that.
Then I was just like, dude, I can't go on
like this anymore. I just gave up.
the writers. Every movie,
it gets worse with the tortures.
Think about those minds that just kept coming up with, oh yeah let's torture them this way it's like
there's something fucked up about you man shout out aussie aussie uni students they were when
they made the really so yeah so are you guys all fucked up or
not really i don't really i don't really like the soul movies actually i was then on my cup of tea
really okay i liked them i i thought they were that it was in it was an interesting it was like a
an original type story i really like the original stuff even if like the first one yeah the first
one's interesting enough but yeah after that it just got silly it was just like torture porn or
whatever it's always like a puzzle or like dude like you can't keep track of the puzzle it's like oh my god like the keys and this and that and it's like god damn it i can't and all the
keys in your arm so like what the fuck they're meant to be like they're meant to be like semi
deep or something like this is so now you know to always leave a note now that you've lost all your
limbs you'll know next time it's like always like a stupid lesson and i was like this is dumb
sorry that's just my i keep shitting on everything you say is good today no it's funny because it's
like it's like you stole 50 from that gas station now you don't have a leg now you won't do that
again it's like yeah no shit like doesn't have a leg or maybe maybe it's a metaphor for australian
convicts and the way that they would steal like a loaf of bread and they would get completely shackled up
and shipped over to the other side of the world.
Maybe that's what they're trying to say.
It was the plight of the Australians
in modern times.
The plight of the convict, mate.
I don't know.
What's your favorite movie, Tez?
Favorite movie all time?
I don't know.
Who knows?
All right. Let's say, you don't have to say your right well all right let's let's say what's
what's you don't have to say your favorite but like what's a good horror movie to you what's
one you like that we haven't talked about horror horror good horrors okay i'm not big on horror
in general but i can say what i like uh i thought the ring was good the the japanese and the american
mom were both good um i actually thought that um what's called? With Toni Collette. Hereditary
was really fucking creepy. I was like, Jesus Christ.
Dude, Toni Collette.
an incredible actress.
That scene where
she sees her husband.
Well, okay, I'm not gonna...
In case anyone's not seen it. But there's a scene
toward the end
where she sees something like really
crazy and like just like her ability to emote and like the just she she makes that movie by being
her performance makes that movie for sure yeah she's really good she is very good i agree shout
out to nicole that aussie again australian justie again, Australian. It was A24, I think, was the people
behind Hereditary.
They have a new movie out
with Tim Robinson and Paul Rudd,
which I have to see. It looks so funny because it's like a thriller, but it's
like funny people, right?
It's got to be good.
They always make good movies. A24, I think that's who it is.
That's a studio, right?
I don't know.
They're just really well-known for making
really good, thought-provoking,
thriller-type movies.
They're kind of being championed as the studio
that's keeping independent cinema alive
after we've had the dominance of Marvel
kind of own cinema for the last two the dominance of Marvel kind of own
cinema for the last two decades. That's kind of, that's kind of their angle.
It kind of works. I mean, hereditary is,
I know we've been talking about like original type movies,
like that's a very original kind of plot and like,
guys, sorry.
I don't know if anybody is still keeping keeping up with this bear baddies bear tv thing
but they're doing are you watching what's going on a dunk take with some guy but he's got a
one of those bear masks on this is gonna end poorly oh they're doing a dump tank that's pretty
good maybe that that is probably a good cue for us to to call it because i think it's all
happening over there while we're just talking about horror movies what do you guys reckon I always uh I always enjoy our our vapid
chats but um yeah I am in the process actually of making dinner now and I like to I like to
have my little YouTube videos up while I eat my dinner and traditional girl dinner fast and fair enough yeah enjoy your PewDiePie and Mr.
Beast and um we'll we'll pick this up next time yeah and we'll actually like unveil the the the
new show and the new banner because I'm not you know up to my my ears and work and stuff
yeah fair I've got yeah we've got live art next week I think maybe Dolomite again next week and work and stuff.
Yeah, fair.
I've got, yeah, we've got LiveArt next week.
I think maybe Dolomite again next week.
But also, I realize, Isi, you hate the technicals.
You hate the chat.
You hate it when, like, these DeFi projects talk about their shit.
So maybe we just have you come in when they're done
and then you can start mapping out.
You know, I'll be there to man the soundboard.
But yeah, you guys are definitely going to be
taking the lead on the serious discussion.
But when you need me for some random bullshit yaps, oh, I am your girl.
It was so funny.
That was actually so funny where you're like, can we just get to the vapid yaps already?
You just like lost your mind for a second.
That was great.
That was my highlight.
I really hated it so much.
It's not that I hate it.
It's that I'm just, you know, I know where my talents lie.
And it is yapping just random shit with my friends.
Actually, before you go, I have a really random vapid chat question about fashion real quick.
Is that all right? Before we call it? I was going to ask go, I have a really random vapid chat question about fashion real quick. Is that all right before we call it?
I was going to ask you, I see.
So like I was digging through my shoes and you know those like Docs, like the Doc Martens, like the Darby ones, like those low cut Darby ones.
I was like, I saw them again.
I was like, oh, these are all right.
But I don't see anyone wearing them anymore.
What do you do you think that they're okay to wear?
Or do you think they've kind of passed their plan?
I think that docks are those types of shoes that are going to be timeless.
And it's really just about how you dress them up.
Like you can't just wear a pair of docks with anything and call that fashion.
But 100%, I think that docks are just constantly cyclical in fashion.
Like, even if they go out of, like, popular style, they always find their way back.
And I furthermore argue that true steez, which is a slang term for style, of course,
it doesn't depend on or take note from trends,
like you have to be the trendsetter.
Like you're going to be the one to bring those shoes back.
Cause people are going to be wearing it and be like,
that guy looks easy as fuck dog.
I got to get on that.
So do you think it pairs well with a watermelon hat?
I think it does.
I think that's how you got to roll up to the next conference.
To be honest, Do you think it pairs well with a watermelon hat? I think it does. Dude, I think that's how you got to roll up to the next conference,
to be honest.
Docs and watermelon hats.
Maybe that's the vibe.
If we're not in the tropics, though,
because the watermelon will get a bit smelly.
Yeah, I guess you're right.
Docs, like Connie's or Chucks or whatever you guys call them in America.
There's a few shoes that you can just always wear. Wait, did you go right to having an actual watermelon
and not just a watermelon hat on your head?
Well, it is a real watermelon.
I know it's a real watermelon.
You can get a cloth-looking watermelon, I'm sure, for your hat.
Or you really want to wear an actual watermelon.
And be a phony?
Yeah, the point is that it's authentic, Tez.
He needs to have an authentic watermelon.
You're going to look really, really cool, Tez.
I can't wait.
Yeah, well, Icy said so.
I said it too.
She's a style icon.
I said it too, but all right, that's fair.
That's true.
You did say it.
Sorry, new Tizzy.
Let's put another question, mate.
And then we'll call.
Yeah, I just wanted to ask if I wear Crocs or shorts and Dub Dub t-shirt.
Is it stylish?
Yes. Dude, 100% Crocs are steezy as fuck.
They get the steez pass, all right?
I am on my fucking soapbox about Crocs
because people can say, oh, they're an ugly shoe.
And I'm going to say, not if you're stylish.
And you know what?
At the end of the night when my feet don't hurt,
who's going to be laughing then?
Chuckle fuck.
Well said.
No, Crocs are the best.
Yeah, well said.
But yeah, it's also utility.
When you're living in the country with like 36 degrees outside, you just don't care.
You wear whatever is comfortable, whatever helps you not to die under that heat.
That is very cruel.
I mean, I've worn it in 36,
but like it gets pretty nippy.
Yeah, sorry, I'm not an American.
I'm measuring centimeters.
Ignore them, New Tizzy.
They should be converting to us.
Honestly, because I've had to convert so much,
I'm starting to just memorize what certain Celsius is in Fahrenheit.
So I'm slowly getting there.
I reckon 36, guessing it's like 88.
It's definitely in the 90s, if not the 100s.
For reference to 120 degrees Fahrenheit, I think it's like 42 Celsius.
So I think 30, it is.
That's hot.
So 36 is not too much.
I think 30, no, 28 degrees Celsius.
degrees Celsius I think that's like 75 ish degrees according to Google 36
I think that's like 75-ish degrees.
degrees is 96 yeah that's okay yeah that's pretty hot yeah I would
definitely definitely work so 36 is like right above freezing here so what is
that like zero for you guys that That's like 36 here, so.
Zero is freezing, yes.
Yeah, so 36 is like right above,
32 is our freezing.
So like, yeah, it's pretty cool.
I've done it.
I've worn Crocs out like that
because just whatever,
but not my favorite.
Are you one of those guys
that are like wearing shorts
when it's freezing out?
You're like, yeah, my legs
just don't get cold, man.
No, I really messed up in Denver.
The last night when we went to that one, whatever that party was, the brackets, little bracket party.
Yeah, that I had shorts on because it was like warm during the day and it got so cold.
day and it got so cold I was shaking. So no, not particularly. But I have worn Crocs in snow before
I was shaking.
So no, not particularly.
if I'm like just getting in my car because it's just easy, just easy to throw on a pair of Crocs.
Yeah, true. Or also that's when it's really nice time to break out the Uggs. I'm a big Ugg fan.
Yeah, I don't have Uggs.
I got Uggs because I used to live in Chicago. So I had a really good reason to own Uggs. I got Uggs because I used to live in Chicago.
I had a really good reason to own Uggs.
Ah, Chicago.
You know, it's Chicago.
The Bears.
Hey, Chicago.
Now it is.
All right.
Oh, yeah? Well, let's hear your Melbourne accent, huh no let's all right actually yeah let's hear it
you got you got one show me an aussie accent for a minute who who oh yeah it's like oh hit me
yeah well what do what do i say shrimp on the bobby yeah exactly like an old advertisement for america
we're so good at this yeah yeah you know we actually no wait the one that drives me
nuts as you go and see your friend you say how's it going uh but uh the phrase is different
what is it what do you say when you go
and see your uh buddy do you want to ask them how's it going yeah do you want to ask them what's
going on if you just went in with your friend you say what's going on what would be the aussie
version of that uh i think we say how's it going I have a vague recollection of what
Slow Gold's talking about here but I can't
Yeah it's like how you going or something
Slightly different that you're like that phrase
Doesn't make that much sense but
Oh how you going yeah we might say that
How you going
I don't know I don't know what you mean I'm confused
I'm going to point it out the next
Time it comes up
Sometimes you're going to say it and be like, that's the phrase.
That's it, man.
I had a friend.
She's from the UK and she worked at, ah, fucking what's it called?
What's that weird shop where all the dudes have their shirts off?
They were talking Abercrombie and Fitch.
Which one is it?
Abercrombie and Fitch.
Yeah, I worked at the one in London.
And they have to say what's going on.
Because apparently when Americans say, like, hey, what's going on?
It sounds like a thing.
But when British people say it, like, hey, what's going on?
It sounds like you're accusing someone of something.
So, like, they were told they had to say what's going on.
But it always made people feel like they were in trouble.
So, it didn't translate well.
But you guys can say it.
And it sounds like you're
saying like, yo, what's up? Hey, what's going on?
I can say that Australian accent sounds beautiful, especially like how Aussie's pronounced the
ending of the words with R. I can't actually give you an example because I can't imitate that accent.
But I think Australian accent is like the ultimate English accent.
Thank you, Newtizzi.
That's a beautiful sentence.
All right.
Save data.
And that's great.
And that's data, mate.
All right.
Should we end it there?
Because Icy's got to eat dinner and watch YouTube.
Icy go watch Max Airplane Mechanic.
He's one of the
mechanics with the Lord of the Rings.
I'll take my
passions for Lord of the Rings to those
who will appreciate them. Thank you very much.
By the way, because I never finished my
fun fact from earlier.
The scene where Aragorn kicks a helmet because he thinks Mary and her have been killed.
I do know that scene.
He actually broke his foot.
I know that scene.
And that scream is like his actual scream and pain.
But he's an absolute Chad and he just carried on with the scene.
And you know what the funniest part is?
They had reshot that like several times.
And that was the one, the last
one where PJ was like, yep, this is it.
We're keeping this one. So it only took him literally
breaking his foot to get the shot done,
but he did it.
I remember that. It's weird because in the scene,
I always thought that was odd when Aaron was like, ah,
my toesies. I was like, that was a weird
thing for him to say, but they
kept it. They did. So yeah, for all
of your fun Lord of the Rings
trivia, just come to your old pal
Icy Bear. I've got loads
of it. Never watch Lord of the
Rings with me unless you're prepared to hear
me yap for real. I'll tell you that much.
Alright, we'll talk Lord of the Rings next time.
There's a few Lord of the Rings. Actually, you know Smokey's
a big Lord of the Rings fan as well. Oh, is he? I'll have to chat with him about Lord of the rings next time there's a few lord of the rings actually you know smoky's a big lord of the rings fan as well i'll have
to i'll have to chat with him about lord of the rings over chipotle sometime
that's it we gotta i like lord of the rings it's about time i revisited
actually i'll watch the extended mega dvd editions and watch it
yeah honestly it is the only way to go for real it it took me forever to watch
the hobbit trilogy but i was very impressed with
it actually being like a really good like series i see like my thing with this i think they are
like genuinely good movies but like my grief with it is that pj just relied so much more on CGI in that trilogy and you can tell.
Most of the effects
in the Lord of the Rings trilogy are
practical effects.
15 years later.
The thing is, now if you look at them
side by side, even though
Lord of the Rings was made so much earlier, it has
aged better because it looks
Growing up,
read The Hobbit multiple times growing up,
so I always really liked the story with Smog.
It was cool to see it on the
big screen. That's fair.
It's still good movies.
I do like...
I don't like his addition
of Toriel. That was a bullshit-ass move.
Like, not every fucking movie needs some romance subplot.
But I do like that he incorporated a lot of details that were happening simultaneously in the lore
that weren't necessarily in the original Hobbit story.
They were, like, either in the appendix or they were like in other
tolkien works so i you know that part was nice but toriel as a character i like i love
evangeline lily but that was a stupid decision and she did not deserve to be there
i think the lord of the rings trilogy is a hundred times better than the Hobbit trilogy. I tend to. A hundred. All right.
A hundred is a little.
I stand by it.
that's fair.
I get that you guys think it's better.
And I'm not saying Hobbit's better than Lord of the Rings by any means,
I was surprised at how well it was for like being 15 years or so after the
originals and like being a prequel.
Like I was surprised at how well it actually like
yeah i don't know how young they made orlando bloom look i mean he still was obviously older
good point but you know not that bad but legolas isn't is he he wasn't technically like he like
he wasn't like a major character in that movie like he his character existed and like, but yeah, like that's, that's what I'm talking about.
They were like, oh, we got to add this character because people are going to recognize him.
It's like decisions like that.
I was like, this isn't necessary.
It was a good callback though.
Like it was, it was.
I do really like the scene where Gloin shows the picture of his son and Legolas is like, oh, what the fuck is that?
And he's like, oh, that's my wee lad, Gimli.
And it's like, oh, you don't even know you're going to be besties.
I liked, see, I liked, I liked little silly stuff like that.
That made me feel good when I saw it.
Because I was like, I hate, I hate shit like that.
Dude, Ted, the entire space tonight, anything I say, Ted's like, I hate it.
I hate whatever Red Kedlin likes, man.
All night. He's just being contrarian for the
sake of being contrarian, I think.
Yes, that's it. I'm not, though.
Nope, nope, nope.
You're playing devil's advocate.
We can't agree on everything
as host and co-host, so
We've got to add that spice to the discussion, you know?
That's true. You've got to have good cop to the discussion, you know? That's true.
You've got to have good cop, bad cop.
Yes, exactly.
I'm the good cop.
Tez is the bad cop.
I'm the Lord of the Rings trilogy.
No, no, I wouldn't.
Those are good YouTube videos.
Real good YouTube videos.
Guys, can I do a Joey sign-off?
Oh, yeah, sure. Okay, and then I'll close it out to the sign off Thank you.