Tinkering Around the Cosmos ft. InvArch, Osmosis, StreamSwap & Picasso

Recorded: March 19, 2024 Duration: 0:59:19

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say hello everyone just give us a few minutes let some people you know come into this space we'll get them up on stage then we go and get things started so it'll just be just a minute
hey how's it going guys
cool profile picture with the little border
oh thank you that's a it's actually from a there's a dow that's a from the ecosystem it's kind of like the og community down called chaos now and so there's different rings for different ranks in the down and tell me you're the highest rank second highest I'm close I don't have the time
the highest rank
just waiting on the stream swamp and Picasso team
like I said everyone's give us about one two minutes and then we should be good to go
so first and foremost want to thank everyone who's taken time out of their day to go ahead and join us here on this space and you know secondly I also want to thank all of the all the speakers that we have with us today we have a variety of speakers from different teams across the industry so I'm really excited we have you know there's projects that well everyone who's been following a particular group of speakers today
but we have projects such as Picasso from composable finance we have the osmosis team so as most as soon as most as decks and then of course string swap who facilitates a time based token swap streams which are similar to LVPs on top of the osmosis network so really really excited to have everyone here today
obviously there is a common underlying theme here which is having getting the tinker token over to osmosis to the cosmos ecosystem you know obviously establishing liquidity it's price but more importantly you know why are we doing this what's the what's the power of you know tinker net what relevance does it have for the cosmos ecosystem
so really excited to dive into all that but before we do I would like to go around and just kind of let everyone introduce themselves and so let's see here just real quick because I just got a message Aaron brain jar could you confirm is my signal coming in all right
yeah all good okay cool cool all right well on that note I just want to go ahead and let everyone introduce themselves and I'm going to go ahead and let everyone introduce themselves and I'm going to go ahead and let everyone introduce themselves
so I'll start off with myself first so briefly my name is Dakota Barnett for those who don't know I am one of the founders of the Envarge network and the Envarge tinker net Envarge focuses on omni chain account infrastructure so providing a single non-custodial master account solution that can transact hold assets and exist as a first-class citizen across any network and of course we have a particular passion for Dows and governance solutions
so you know management protocols on top of all this so that's us I'm going to kick things off brain jar which you are brain damage and the mage would you like to go ahead and introduce yourself
yeah hi I'm the founder of Picasso and composable we're focused on expanding IBC to different ecosystems we've connected Polkadot and cosmos since July of this past year so yeah really excited to get some more assets over to the cosmos ecosystem
and excited to be one of those assets ourselves let me see so Aaron is having some technical difficulties at the moment so we have the stream the stream swap team here as well would you like to go ahead and kind of introduce stream swap and tell the community more about what you're all about
oh yeah thank you for having us here I'm so contributed to stream swap yeah we were there you know last July as well when Picasso was moving to the cosmos ecosystem and very glad to be here to facilitate the onboarding of the tinker parachain within the cosmos
awesome thank you and let's be Aaron or is everything working out for you now
yeah seems to be perfectly good now all the echoes and chops seem to be gone so that's a let's hope that stays the case
yeah on the osmosis side I'm the I had the growth efforts so a lot of the you know like as far as like you know working with in virgin tinker here it's kind of just like helping helping teams kind of enter the cosmos and figure out what's going on the cosmos and how we can make a successful go to market effort
oh so and thank you everyone for the introductions so one of the first things I want to do on this space is kind of go through bit by bit so like I'll start with composable and then we'll go to stream swap again and then to osmosis and just kind of talk about this process that we're able to achieve here for those who don't know what we're talking about ultimately is this connection between the polka dots and the cost of stream swap
and the cost of stream swap and then ultimately ending up on the incredible liquidity and swap platform network really that is that is osmosis
so first things first you know the the interesting bit there of course is getting tinker over to the cosmos ecosystem it's really powerful I think it's pretty amazing being able to do this having this trustless trust minimize bridge between these two ecosystems that are otherwise disconnected
so brains are with you mind kind of just maybe letting the audience know a little bit more about you know what is this bridge that you guys provide how is it powered you know what protocol does it use what makes it so powerful and what is your vision for Picasso you know in the coming you know two to five years
yeah sure so essentially we've we're the only team that's ever expanded IBC outside of the cosmos ecosystem historically IBC was limited to only between cosmos chains it is a like client based like client verification based transport mechanism between cosmos chains historically
we looked at that and realized that it's the best protocol to connect different ecosystems and decided to actually like do all the work which took multiple years to expand IBC as a protocol
last July we connected Polkadot and Kusama over IBC before Polkadot itself launched their Kusama Polkadot bridge
so you know now you can move your KSM and dots back and forth and then most notably we we connected you know the dots on my ecosystem to cosmos last July as well and since then we've connected with like over 30 plus chains in the cosmos ecosystem and export have exported our own token and and also many other tokens
from the ecosystem such as dot liquid state dot etc becoming the canonical connection to osmosis for dots sama so yeah like our mission you know near term is to get as many substrate native assets over to osmosis for liquidity
because you know to as a you know first of all the reason why that's interesting is because there is no real other solution within the Polkadot ecosystem and so a lot of really great projects and teams have no option for bootstrapping their token properly
and you know this is why we did a stream swap stream last year for the pika token to get it set up properly on osmosis and this is also now why you know we're working with a lot of substrate native projects to bring their tokens over to the cosmos ecosystem
we also intend to connect to ethereum and Solana and so you know what that means is you'll have sort of maximum cross pollination between these two different between these essentially four different ecosystems all over IBC and you know what makes IBC grade is it's faster cheaper and trust minimized compared to everything else out there
so you see like the truck you know the trusted bridges like axel or and layer zero you know these things essentially will become things of the past you know we didn't the whole reason why we took several years to build this technology is because you know I really don't want to see a future where we're controlled by suits and the easiest way to control people is to be able to do that
is to control their flow of funds and this is the great thing about IBC as well as it's fully permissionless so the hope is we have every ecosystem connected over IBC because otherwise you know essentially axel are can just freeze your funds layer zero can just freeze your funds these are things that are reminiscent of c phi and so super excited to like continue this mission and another thing we've also seen is that we've
also decided to embark upon is because of IBC we're also able to do restaking of various assets within these IBC connected ecosystems for a cohesive sort of like restakes ecosystem so any project that's interested in using security from Solana or from polka dot or from any you know celestial or ethereum
can tap into us very much so the same way that you can tap into I can layer and you know that the main benefit there is you know someone can say okay why are you doing this when I can there already exists well the reason is because we can because of IBC and the second is
it's not a zero-sum game right so like you know that you can have multiple different types of security especially as new projects launch it doesn't make sense for them to become like oh I'm going to just only be here in the lines
it's like you know then the Solana narrative picks up and everybody wants to have Solana security right so so I think over time we're going to see these these protocols become secured by by everything and we hope to become you know the mechanism for how that happens
I am very excited for the vision and very bullish as well everyone should know that I'm a big Picasso compatible fan boy especially love the jabs at layer zero there's been a I've been I've been staying you know staying out of the the Twitter beef I've been seeing it's been entertaining
I've been seeing Axlr's intern tweet at layer zero a lot I'm like huh who is the intern is it really just like a like polka-choo's intern is literally just polka-choo I think
I've always I've always a actually lately I've kind of you know thought to myself like huh I can just make the Mvarts intern account and that can just be my fuck you account
yeah the engines are literally just like the founder is saying whatever the hell they want usually
yeah I like the shade just because there's a lot of you know omni chain is a term that we use but we like to use terms correctly so like when we say omni chain omni means all every any chain you know no restrictions
but then we feel like a lot of projects let launch specifically on top of layer zero who use the omni whatever omni nft omni dow omni insert buzzword here
and the only thing that's trapped in my head is that if you don't have a VM and not in just any VM but a VM that's the thick and support layer zero then you're not included in that you know that solution so it's not omni chain it's multi-chain which is good it's better than what we've had but you know that's just me taking a little bit but I love the vision I'm super excited and also super excited to leverage a lot of the infrastructure that you're building but I'll speak on more of that
in a bit so you know everyone now knows you know this is the the technology is going to help us transport the tinker token from the dot some ecosystem over to the cosmos ecosystem really awesome really beautiful too if you ever tried it yourself just the experience moving dot from over from our ecosystem from the ecosystem to osmosis it's very nice and it's a very fast which I appreciate it is far off
from the 25 to 30 minute wait time that I'm usually left dealing with so I really appreciate it but you know of course once we get the tinker token over to the cosmos ecosystem the next important thing is establishing liquidity you know fairly pretty fair price discovery
and so that's why just like the Picasso team did about a year ago we are going to be leveraging stream swap so to the stream swap team now would you mind kind of giving just give an overview nice description let the let the crowd know you know what is green swap how does it work and what makes it unique from other LVP platforms for those who don't know LVP is liquidity bootstrapping pool we can dive more into that later but yes stream swap if you would like to talk about that.
stream swap if you wouldn't mind go ahead and educating the crowd a little bit for sure you know yeah stream swap is I should put it like this is a new way to go ahead and launch your token and achieve you know that community driven price discovery.
So, although we call it a new way, you know, to go ahead with an MVP or like execute an LVP, in some sense, or in like, most ways, this is very different from an LVP. So, for those of you that are familiar with LVPs on Ethereum, you know, balance it I will be peace.
Right. You'll have to set up. Yeah, you'll probably have to start with say 95% your token or 98% your token 62% you know of your capital should be the collateral token, which is say Ethereum, in some cases on Ethereum, or in most cases, right.
And this must reach what is a 50 50 or, you know, however, the team wants to like, have the end ratio or invite setup. So normally, normally the swaps that you see on uniswap or on osmosis.
They're all, you know, 5050 pools, you know, unless you're talking about the stable pools. Right. This is how a typical, you know, liquidity pool or an AMM pool is constructed like you add is provided with liquidity where you add two tokens, half on both sides and that becomes the liquidity or the liquidity provider.
And an LVP typically bootstrapped this process. How stream swap is different is you see swaps happening on uniswap or even on osmosis instantly, right, you select your token that you have, select the token that you want, hit the swap button and your swaps are executed instantly.
With stream swap, this is time based. So your swaps are not instant, but executed over a period of time. Right. So, this essentially makes the entire process, you know, completely different when it comes to an LVP.
Now, the key advantages of, you know, of a user participating in a stream swap stream is, you know, it is one completely fair. You should be able to check the total number of tokens that are being streamed, right, right there. And all the tokens will be streamed to the subscribers, you know, who will participate.
So the way it works is, you know, the tinker token is logged. The deposits are, in some sense, accepted, you know, during the phase called the bootstrapping phase.
You know, this is where you have tokens that can be deposited. But, you know, there are no swaps happening with the bootstrapping phase. Right.
And if this is phase one, at the start time of the streaming phase, you have tokens being swapped, I guess one or another. And these swaps, let's say you have a capital of 1000 OSMO that you deposited, you know, to be a part of the pool.
Your 1000 OSMO, they don't get swapped at the same time. The stream runs for say 10 hours. Your 1000 OSMO, split by, you know, an hour each or 10 hours each, right, will be streamed at 100 OSMO per hour.
So this is like a very quick example of, you know, how things might work in our stream. But yeah, your swaps happen over a period of time. And finally, the total number of OSMO received by the subscribers that subscribe to it determines the price of the tinker token.
Thank you for that. That was an excellent overview, excellent description. I hope everyone kind of understands the what makes stream swap unique from other liquidity bootstrapping protocols, our LVP protocols.
And personally, this is something I'm very excited for us for, you know, for the Envarch, the Tinkernet team to leverage. It brings fair price discovery, helps us obviously, of course, establish liquidity in another ecosystem.
And if I'm correct, I think stream swap, you guys just recently performed a stream for shark for the shark token. Is that correct?
That is, you know, nonsense seems awesome.
Yes, yes, yes.
Very excited for that. I've been watching that closely too.
Loving seeing all success over there. And so as some people might know, stream swap is a protocol that is actually deployed on osmosis.
So we're going to be using Picasso to get the tinker token over to the Cosmos ecosystem. We're going to be using stream swap to establish fair price discovery and liquidity in the ecosystem.
But specifically, we're going to be doing this on osmosis. And I'll let Aaron give the broader details and descriptions here.
But osmosis is, for those who don't know, it's more than just a DEX, which is one of the things I think makes it very interesting, is that it's not just a DEX.
It is also a network, its own chain, that has other DeFi protocols also deployed on top of it, which adds to its functionality, adds to the range of protocols that tokens can be leveraged through, which I just think is amazing.
Something I'm looking forward to ourselves. So Aaron, would you mind giving the crowd an overview of osmosis, what makes it so great, and what makes it different from other DEXs?
Yeah, definitely. First of all, I just realized I really like the Envarch logo. It's like a little crown kind of.
Oh, yeah, thank you. So I actually sent our designer two really blurry JPEGs. One of them was like the bottom half of the globe, and the top half was just three people standing next to each other.
I was like, kind of looks like they're holding hands.
Yeah, I was like, fuse this together. And he came up with that. And I was like, you're amazing.
I like the crown. I'll take it.
Yeah, yeah. Cool. Yeah, so like osmosis, you know, for those unfamiliar with like the history of the cosmos, it kind of started back in 2017 is 2018 and the Cosmos Hub launched and the original vision for the Cosmos Hub was to basically be this,
this layer one blockchain app chain that really connected and made the entire network interoperable and like, basically that network back then didn't exist, but now it does.
And I think osmosis really fulfills the original vision of the Cosmos Hub and, you know, it's all these blockchains are all connected through IBC, which is just this like seamless, essentially robust and the most seamless bridge in all of the space.
Because they're able to compartmental or sorry, containerize messaging across chains. So it's like, you're essentially sending just like a ship, you're sending these containers interoperable across all shipping ports in the world.
Essentially, you know, blockchain, these blockchains in the cosmos are like cities or states, and then the shipping ports are the point at which you can communicate with these other cities and everything can be thrown in these containers, whether it's like a car or whether you want to send over.
Maybe you want to send over like goods or well, maybe you want to send over something, you know, really bad, you can send over anything.
So it's incredibly interoperable and osmosis kind of acts as the main hub of activity within the cosmos. So whether it's like your entry point, you know, whether you want to onboard from osmosis, whether you want to use fiat on ramps on board, or you want to connect to different ecosystems out there,
whether it's connecting to polka dot with composable, or whether it's, you know, connecting over to osmosis with composable. And this is the same case with the theory and the same case with like Cardano coming soon with a quorum.
So there are all ecosystems that we're connected with, and osmosis is usually the entry point. At the entry point, you know, we want to ensure that we can also have the place to stay if you want.
And this means that there are lots of DeFi apps on osmosis stream swap, or, you know, on stream swap, you can, you know, like launch a token there and find some price discovery, or you can use Mars credit accounts, you can, you can use
Nolus as DeFi leases or Levana's Perpetuals or margins power perps, or calc five DCA tools, there are all kinds of DeFi apps on osmosis as well. And essentially, you know, we just want to act as the place where everyone can come and interoperate through explore, leave, stay, whatever, whatever you want, it's just ideally all on osmosis.
That's amazing. That is that's fantastic. Thank you for that description. And I really like the real world analogy there, of whether I want to send a car, some goods, maybe want to send a deed, or want to send something bad. But I love that analogy.
Yeah, well, I got I realized there was some really, so like, I want to train a thought. And I was like, okay, like, there's ICA interchange accounts, right? And interchange accounts essentially allows you to control an account from one blockchain to another. I was like, wait, shipping ports and containers was like, wait, this gets really dark. So I kind of just stopped there.
Well, actually, so that that point there actually is a perfect, perfect segue into talking about in varts and tinker net, and what it is that we're going to be bringing to the Cosmos ecosystem, really every ecosystem throughout the course of this year into 2025. And that is, you know, so these omni chain accounts.
And so, first, like, I'll give a quick overview, briefly, like some of the differences that we've seen. So I mentioned earlier, like, there's layer zero. And so layer zero, there are some teams, like root x, y, z is what they're called.
They are also, you know, attempting to, they're building up this whole network. And the theme here is they say omni chain accounts, you know, a single master account control, control other accounts on other networks. Now, the issue there, though, is that they are layer zero dependent. So they can provide this service across the industry, but only two chains that are compatible with layer zero.
I may be incorrect here, but I do believe that at least as of now, it is EVM dependent. Someone could correct me there. But so if you don't have that, then you can't qualify for the solution. And I think that they leverage other technologies, such as Axlar.
But then again, if Axlar isn't integrated somewhere, then the road stops there.
And then so we're actually talking with Jake. Oh, man, about probably about a year ago, from Doudow. And I haven't talked to him in a while. I hope he's doing well.
But I'm sorry, who's doing well, I just cut out. So I didn't hear what you said. I haven't talked to him in a while. His name is Jake. He worked out.
Oh, Jake Hartnell. Yeah, he's I think. Yeah. OK, good. Good. Yeah. I remember I talked to him about a year ago. We were on a space and he brought up interchange accounts, which are very important for the Cosmos ecosystem.
But one of the things you guys might know about interchange accounts is that the chain does need at least this was the case a year ago. I don't know if it's changed.
The chains need they need for Cosmo awesome. So as long as they do, then you're good to go. But if for whatever reason, someone built out a custom map chain using the Cosmos SDK and they did not go the the Cosmo awesome route, then this solution, unfortunately, just it wouldn't work for them.
And so the difference of what we're bringing to the table is a truly omni chain solution. So a single non custodial master account, like an omni chain access layer. So we call it an OA layer and this will allow anyone any individual, any Dow, any multisig, any account, any account to be deployed to exist.
And to operate natively as if it was a first class citizen across any and every blockchain. And we're starting off at first, we'll be going live, bring this to the ecosystem on Kusama actually this month and then Polkadot next month.
And then the very next thing on our road map is to bring this to the Cosmos ecosystem using IBC and actually using IBC over Picasso.
This is an idea that our CTO got after speaking with we were speaking with brain jar in Hong Kong. And now super, super excited for that. And then continuing to leverage Picasso's infrastructure, we will then bring this solution to the Ethereum ecosystem to Solana.
This is all using IBC, XCM and the Polkadot ecosystem. But then ultimately in the end, going into 2025, so late 2024, early 2025, we will release our cycling TSS or threshold signature scheme protocol.
And when we deploy this, that is that's the end game. When we deploy this, that's when we are able to support every and any chain.
Osmosis, Picasso, Envarch, Ethereum base, Dogecoin, Tron, SUI, Bitcoin, the hoop blockchain someone just launched five minutes ago.
Any and every chain will be supported. And so what I'm really excited about with all this now, of course, for end users, just for the individual, you know, this could be very convenient.
We provide this as infrastructure. So any wallet, whether it's Talzin and Nova from Polkadot ecosystem, or it's Kepler or leap over in the Cosmos ecosystem, or even MetaMask or Phantom in the future.
Any of these wallets can we'll be able to use our SDK in the future so that they can provide all of their users with the last and only account that they'll ever need for all of web three.
So it's powerful there. But what really gets me going down and just this this vision to where a Dow can deploy once and now exist as a real entity as a first class citizen across all web three is if it was just one domain.
And so the difference here is typically when you deploy a Dow, whichever network you're deployed on, it's a very big decision, because it's like you're deploying into a country with borders, kind of, you know, whether you're sideload to that specific chain, or in some cases, that ecosystem, there's a wall eventually.
And if you're like, look at this as a real world kind of analogy, you know, typically, you know, if you're launching a business, where you launch it is important. But when you launch your business, so you launch your business in the US, you can still, you know, engage in international trade and business and commerce with other nations.
And that's something that Dow's today can't really do. They're deployed to a country. And that country could be robust and plentiful, but they're still restricted. They still they can't hold native assets, like they can't have an account in another country and hold their assets in that country and transact using that account.
And that's something that we change so that a Dow deployed on our network can transact freely across any parachain across any cosmos chain, this one single account, it's almost as if it was deployed on every network at the same time.
And it's just something that I'm really excited for. I also believe this is going to help both the polka dot and cosmos ecosystems. And all the teams that are currently now and all the future teams to come will help them to raise money, because right now VCs, they're, you know, when they're investing funds, they have to manage your for those that care enough for a multisig, which they should.
They have to manage all their funds on the chains using a separate multisig for each chain, unless they're using something like fire blocks, which does not support chains, like they want to launch boom, fire blocks is integrated, you can manage all your funds using a multisig.
And so there's a bit of a hassle there, you know, their lives could be made to be a bit more easier. And this is another thing that we do, you know, they can any VC any institution can have a single multisig.
To manage all their assets across polka dot across cosmos and one day across any chain in the entire industry, and even have like custom roles and permissions attached to controllers of these accounts to where you can have someone where, you know, like, as if they have 100% threshold, you know, for both.
They can just go ahead, they can stake, they can claim taking rewards, they can vote in governance, but they can't withdraw funds, you know, that needs a majority of signers to do things like that.
So it's exciting. I'm really excited for this. I'm really excited to leverage Picasso. So I am again, why I'm a big fan boy is because their tech is going to help us achieve some really incredible solutions for the industry that not just going to make everyone's lives easier.
But it's really going to, to just increase the range of what's possible to be done across web three in terms of multi party or shared ownership.
And then of course, you know, having opening up those multi chain or omni chain dows in the future opening up that door so that they can freely swap on osmosis engaging defy activities there.
I don't everything I get really excited for. So really looking forward to just realizing all this and having this more cohesive UX, where we prioritize UX at the forefront of what we're doing and bringing that to all ecosystems.
But on that note, so as I mentioned, just wanted to briefly segue into something else.
So I mentioned, of course, like what we're doing, what, you know, in bar synchronous doing why the Cosmos ecosystem should be a bit interested.
The services that we're going to realize how we're going to help change the landscape. But looking ahead, like I mentioned, we're going to we're coming to Cosmos soon.
And then we'll be rolling out across Ethereum and Solana. And what we're doing, honestly, is really following a lot of the footsteps that the Picasso team has done.
So just on that note briefly, because I know you guys have it going on, and I want to give it some attention.
Could we talk about the LVP on stream swap? But Branger, you guys actually have another LVP going on. Is that correct?
Yeah, yeah, we have an LVP at the moment happening on Fjord foundry on Ethereum.
The reason for that is similar to why we did the stream swap in Osmosis in the Cosmos ecosystem.
Cosmos ecosystem, sorry, because, yeah, like when you when we bridge, when we open up the ecosystem, you know, we want to export our token as well.
And so bootstrapping initial liquidity pools through an LVP, I think is the fairest way to create price discovery.
I completely agree and excited for you guys, too. I hope everything goes well.
I've said it before, I'll say it again, I'm bullish as always.
And so I am curious, I would like to actually want to ask Aaron a question real quick.
So, Aaron, from your point of view, it's like what I mentioned with what we're going to be able to bring to the Cosmos ecosystem, really opening things up for DAOs.
I'm just curious, because you're likely more acclimated to the DeFi scene than I am.
What are, you know, what would be like some interesting things that you would be interested in seeing DAOs, you know, like DAOs do on Osmosis, maybe it's like DAOs tapping into certain DeFi protocols or things of that nature.
Have you guys ever really thought about just what it will look like when you have this DeFi landscape opened up so freely for DAOs?
Yeah, I feel like something that DAOs can be doing would be a lot of work that like projects and teams themselves are doing.
So instead of like, you know, like a project foundation doing something like doing some BD, there could be like a BD DAO.
There could be a liquidity DAO. There could be like an incentive DAO that kind of directs with how the incentives flow.
And these things do exist. But I think decentralizing everything further is pretty important for a few reasons.
One, like just the nature of decentralization. But two, it's like, you know, you want to have less power as a foundation and you want to put more power into the community members and DAOs.
So that's generally like a better path to pursue, I think. I think one thing I'm curious on from your end is what are the community members over in the Polkadot world?
Like, what are they up to? And, you know, are they going to like kind of explore and migrate over to Cosmos or check out, you know, Tinker with Osmosis?
Yeah, so I think that's actually one of the one of the things that I like about the Polkadot community is and of course, this doesn't apply to everyone.
There is tribalism is the thing. And it's not necessarily a bad or good thing. You know, tribalism can can really help solidify community base, keep projects going.
And I would argue that a strong community base, that strong tribalism, if it's a cult, it's probably going to do well.
But one of the really cool things about the Polkadot community is that they are very open-minded when it comes to multi-chain.
I mean, very similar to the Cosmos ecosystem, I imagine. I've heard this covered on like previous X spaces that involve both the Polkadot and Cosmos communities.
And it's just how similar we are at the end of the day. How we both, we all have this shared passion and belief for this multi-chain future.
We believe that there's always going to be, there's going to be hundreds, if not thousands of major changes in the future that ultimately come together to realize Web3.
And so we already have some members of the ecosystem who do kind of just truly go back and forth between both.
For example, there's a friend of mine called Funky, the Funky one, and he's like a Polkadot ecosystem, kind of like a community OG, so to speak.
He's been a member of ChaosDAO with me, so that ring around my profile I was talking about earlier. He's a member of ChaosDAO as well, but he has, over the past four years, I remember first hearing him talk about stargaze, and then him talking about osmosis, and him talking about, oh, I don't want to say this wrong, Kajira?
I've never said that out loud. He's trying out all these different chains over in the ecosystem, and he's having a good time. He's really enjoying it, and I see a few other people from the ecosystem doing it.
I'm hoping that we can follow through on the backs of what the Picasso team did, which was open up that connection in the first place, and really just start to see more harmony between both ecosystems.
We already have a lot of the foundation there in place now, but once you're able to bridge assets seamlessly between these ecosystems, almost as if they were just one big ecosystem, and you're also able to have just one single account to transact across both of them freely.
When we reach that state, from a user, a UX standpoint, it almost will be as if it was just one massive ecosystem.
Ultimately, that's what, as an industry, we should be striving towards, but once we do achieve that, then I anticipate the activity across both ecosystems.
Seeing this as like a catalyst for when we're able to essentially, it's almost like liquidity across both avenues become one, accounts become one, the ecosystems become one.
That's something I'm actually really excited for. I think it was more in tune with Composable and Picasso's vision for having this connected, intent-centric web.
I'm biased, but very bullish that we'll actually see that come to fruition, first and foremost, between the Polkadot and Cosmos ecosystems before we really see that across others, and then we just continue to lead the way from there.
On that note, I mentioned it a lot. Just real quick, Brainjar, do you think you could briefly let the crowd know how easy it is to bridge assets from the Polkadot ecosystem over to the Cosmos, over to Osmosis?
Yeah, sure. Basically, if you were to use AxlR to go from Moonbeam to Osmosis, it would take you 20 minutes or so.
So that was kind of the inspiration for starting between these two ecosystems, doing IBC. So essentially, you go to app.trust.zone, depending on where you have assets.
Say you start from a Polkadot parachain, you just type in where you are, and you do need a Kepler wallet, so you make a Kepler connected to the application, and then essentially you just hit the destination you want to go within the Cosmos ecosystem, like Osmosis, for example.
And basically, you sign a transaction with your Polkadot JS account, and within one to two minutes, you end up on Osmosis.
So yeah, that's really the long and short of it. Then you can view your transaction on our Explorer. But yeah, as Dakota mentioned, much, much faster, much cleaner than the typical bridging experiences we're used to.
It's blazingly fast. I love it. The nerd in me comes out. He's freaking amazing. I love it so much.
And I also, too, just want to give this real quick shout out, just because, you mentioned earlier, it's been possible now to bridge, you know, dot and KSM between the two relays.
That is a massive feat. And now the ecosystem, you know, we're currently looking at, like, the release of Snowbridge coming out in the future and in the near future.
And then, you know, you can use, I believe, Snowbridge or Beefy. I don't know if it is Snowbridge specifically, but the point being is you're going to be able to, you know, using this solution, bridge your assets between the relays.
Obviously, you know, people get very excited and then there's all this hype and I'm just kind of sitting there like, I've been doing this. I've been doing this for the past several months.
So I really wanted to, like, increase awareness there, too, because I've had, you know, we created a video showing people how to do this using Picasso and Composable.
And I've heard a few people since, even since we released that, just, like, you know, they'll comment under, under something we're doing. We're doing an airdrop campaign and they're asking, oh, like, how do I, how do I get, I want, I want to get my, I wish I get my dot over here.
And I just let them know, hey, you can, it's already here. We have that solution and it's really fast and it's really affordable.
So I just wanted to shout that out one more time, just make sure everyone knows because it's a, it's really impressive work. It's really, really great work.
But yeah, one of the last things I want to talk about while we're on this space, of course, so this whole, this whole space is to help, you know, obviously introduce all of the involved projects to everyone's communities.
Help explain, like, what the tech actually is, like, how does it work? What does it do? How will you all use this tech? But of course, this is all leading up to the stream for Tinker on stream swap.
And so we will release a, you know, official announcement over X tomorrow. But I am excited to share through this space, first and foremost, that we will begin phase one of our stream on stream swap on April 3rd.
So that is approximately 15 days from now. The stream will be using a Tinker and Osmo pair. So Osmo being the native token of the Osmosis blockchain, the Osmosis network.
And like I said, April 3rd, we'll be kicking that off. So I want to ask the stream swap team, I know you went over everything earlier, you mentioned what stream swap is, what makes it different?
But could you, do you think you could just briefly remind everyone and go over what can they expect on April 3rd during phase one? What will that look like for everyone?
Yep, I'm very glad to finally see or hear the data, you know, around the phase one. So phase one is typically the bootstrapping phase.
So if you've participated in a stream swap stream, you know that this is the phase where you as a subscriber, as a participant, you can just subscribe or deposit your Osmo.
There is no swapping involved in this phase. And as soon as phase one is over, that's when you should be able to see the stream coming to life with the streaming and swapping happening in real time.
But at the start of the phase one, you can go to appapp.streamswap.io. You should be able to see the Tinker Osmo stream over there, right on the homepage, click on that.
And you should be able to visit the stream page, single stream page, and there you can use your Osmo directly that is on the Osmosis zone.
And you should be able to subscribe. If you do not have Osmo over there, you should, you can obviously get it using squid, using IBC.fun powered by skip, right?
And some of the other, you know, to be able to get your Osmo from other ecosystems to the Osmosis zone.
So, yeah, get your Osmo ready. You know, to participate, you might probably need to say on stake.
I do not want to reduce the staking ratio here, but I think it's all good for the stream swap stream, you know, the Tinker Osmo stream.
And yeah, get your tokens ready and be ready for April 3rd.
You heard them. Get your tokens ready.
I'm super excited for this. I'm super pumped.
I'm just really excited to be coming over to the Osmosis, the interchange community.
It's so big and dynamic and diverse, and I love it so much.
But yeah, very excited for this.
And just so everyone knows, too, because you've heard me mention InBarch, and you've heard me mention Tinkernet.
So it is similar, you know, there's Composable, and then there's Picasso.
So each chain does have a unique purpose or role.
And so what happens is with Tinkernet, we will, Tinkernet is essentially, this is your ground zero for everything that we're doing.
So the first iteration of every solution that we deploy will be deployed through Tinkernet.
So what we do is we use Tinkernet essentially as an environment where we deploy the betas of our products, but it's incentivized.
So with the release of each product in beta, we incentivize activity.
So individuals will need their Tinkern tokens.
They'll need Tinkern tokens to obviously leverage these solutions.
And having Tinkern be natively accessible in the Cosmos ecosystem will be very important.
Because our airdrops we do, we've recently shared our tokenomics, and we'll be releasing our beta across the ecosystem.
And then we'll release it across the Cosmos ecosystem.
And then when we do, there will actually be, I guess this will be one of the first airdrops between both ecosystems to where we will be incentivizing activity from the Cosmos ecosystem.
So those who use our omnichain account solution, those who use it in the Cosmos ecosystem on Tinkernet will qualify for the large airdrop.
The full details of which we will be announcing for the Cosmos ecosystem in the future, but I just wanted to make small note of that.
And I think one of the last things I wanted to touch on before we end this space here is you mentioned a good bit about it earlier, Aaron.
But let me see here.
So, yeah, you mentioned he had like a technical difficulty, so give him one second to rejoin.
OK, there we go. So, Aaron, I was going to say, so you talked earlier, but again, one of the things I'm really excited about for coming over and having Tinkern on Osmosis is the network that you've built on top of Osmosis.
So it is more than a DEX. And you mentioned some of them earlier, but there are other protocols on top of Osmosis, DeFi protocols that can be leveraged.
Could you just briefly just go through two or three off top of your head that you find interesting or maybe two or three that are your favorite?
I know you mentioned LBP. You have a few other things. So you want to just dive into that, give people something to look forward to as we get ready to end the space.
Yeah, I think I cut out a little bit because I just got added as a speaker again and Twitter spaces have been dropping this entire time.
But one of the new ones that just launched a few days ago is Astraport PCL's Passive Concentrated Liquidity Pools.
I think this is like game breaking for or game changing for Osmosis because it makes the the lazy experience better.
So users that don't want to DJ in and go for hardcore CL earnings, they can just go earn on Astraport and it'll be more than XYK Classic Pools, but it'll be less than a concentrated liquidity pool.
And then you don't have to do anything. You don't have to actively manage any of your positions.
So this is like pretty important for users that just want to have like a good chill experience.
It sounds good for someone like me. I want to keep up with all those things. I don't have the time for it.
Exactly. That sounds beautiful. Well, I want to thank again. Thank you, everyone who came out to the space here.
Listens a huge, huge, huge thank you to the Picasso Osmosis and StreamSwap teams for also joining the space.
I hope everyone walks away from it feeling a good bit more educated and also more bullish for the future.
For the omni chain future, for all these ecosystems being connected essentially as one and you being able to operate across them all as if it was just the Internet, which is what I think we're all striving to get towards.
So like I said, we'll make a formal announcement tomorrow. We can share across social media.
The Tinker StreamSwap stream is occurring. We'll start on April 3rd. So everyone get ready. Very excited for this.
And in the meantime, don't forget to check out. Don't go check out. Go check out Picasso. Check out their bridge. It is really amazing.
They also have the ability through the trussless.zone. You can also stake dots. Remember, if you're staking at least 25 dot on their platform as well as a few other select pair chains, you will qualify for Varch Airdrop.
So definitely go check it out and make sure you're doing that. Check out StreamSwap. Get a feel for them. It's a really great platform.
There's a lot of also good information that you can see from past streams. You go check them out. And last, but certainly not least, of course, go check out Osmosis.
Go check out the variety of protocols that they have going on over there. Go have a little bit of fun.
And in the meantime, we'll keep building. We'll keep you all updated. And one last time, thank you to everyone who came out, and at least I will talk to you all very soon.
Thank you. It was great being here and all the best. Thank you, sirs.
Thank you. Thank you.
All right, everyone. I'm gonna go ahead in the space. Make good choices. Touch grass. Kick some ass. I'll talk to you all soon. Bye-bye.