WHAT WILL DEFI BE LIKE ON SUI?

Recorded: April 19, 2023 Duration: 0:49:48

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Hey guys, this is Tim, the host for today's Kuku and Fireside Chat. And we have the second part of the DeFi focus on the Sui ecosystem. And we're just waiting for a few guests, so please just give us a few minutes.
Hey, hey, hello everyone.
Hey, we're just waiting on Gallup to join us before we get started. And I see Turbo's is here. Ted, is that you from Turbo's?
Oh, hey, this is...
Hello guys!
Hi everyone. Can you can you hear me properly? I wasn't expecting a turbos to join, but feel free to just, you know, ask any questions or add your thoughts if you'd like as well.
Yeah, so who's speaking from turbos today? Oh, can you see me? Yeah, yeah. Yeah, this is Allison, the marketing lead of turbos finance. I speak for turbos today. Yeah. Awesome.
you are scheduled for the first Twitter's day. It's not the second one. But yeah, well, you're welcome to join anyway. And for free to just add your thoughts to any of the questions. So I just like to introduce, sorry, can you please mute? Yeah, I think you are. It's not very clear where you are as well. Anyway, let's get started. This is
the second part series, again of this we spotlight series on KuKoin. We have another deep dive into DeFi and what will DeFi be like on Sui. With us today we have Joe, the CEO of SuiPad, Chris, co-founder of Sky
telescope co-founder of Navi Protocol and happy to see Turbo's join us again. So maybe you guys can start with a high level introduction to your background as well as your project and why you chose to build and so Joe, want to get started?
Nice. Joe here. Am I all rebel? Yep. Okay. Cool. Yeah. Good to see everyone here. Always good to see familiar faces. So I'm Joe. The founder of Sweetpad. Sweetpad is the official IDO launchpad partner of Mr. Labs. Obviously we are a bit on Sweet and we are based in
Singapore. So basically what we do is similar to the other launchpad on other chains. So what we do is launch projects through our ideal. And also, I mean, we particularly focus on sweet network, right? Because we chose it because of its amazing scalability, strong, sustainable
and also the nature of the chain itself that the code is as Indian NFT, the token itself you can grow along the time with additional features added on it. I mean obviously because of the security as well. So yeah, I have
I'm happy, I mean, I'm super excited for the mean that next week. And hopefully we will have a great one. Yeah. Awesome. Welcome. Let's have Chris, who found our scallop step up next. Go ahead. Hey guys, and thanks so much for cooking to having us here. And then I'm bound up scallop and you guys can call me Chris.
I was a full-step developer and after it, I was a cybersecurity engineer and I dive into crypto since 2017 as an Ethereum miner, but my boss didn't share any Ethereum with me, so I'm still poor. And then I started building DeFi on Stalada since early 2021 and did a team to join many hackersongs and then
We are the first project we call as "We Obst your Guguan as a D5 project" and we also are very active in some CKF challenge in "Sweebeaut the House" we got a good score in it. This is my self introduction and thank you for your guys.
Awesome, welcome Chris. And then we have Elisco from Navi Protocol. Go ahead. Hey everyone, very nice to be here. So my name is Elisco. I'm the co-founder of Navi Protocol. To kick it off, I really want to introduce Navi
It is a first native landing of ball in protocol that's built on sui and the name Navi comes from an original Indian language means be kind to people this aligns with our vision of the defies massive adoption is for everyone personally
I used to be engineering working at Silicon Valley for a couple of years right after graduate. I was primarily building DeFi protocol on the BNB ecosystem before starting my new venture with the suite. It was the reason why I started on the suite. It's a really small circle
a lot of great farmers building, you know, meeting with people. And I also see the advantage of technology was able to provide a very long term of the ecosystem. So yeah, so very pleasure to be here. Love to share more in the upcoming minutes. Yeah.
Awesome and before we dive deeper into each of the projects here with us today I just like to know How you guys see the suede fight landscape growing? After the main main main net launch and how how
Okay, so this is Alexander marketing lead of Turbans finance and then I'll just because we attended a prison and before so I'll just give a brief overview of Therbal's and also how we think about soybean better choice of
So basically we are the concentrated liquidity in them and then at the same time we are also developing a very good trading for the sorting network. We decided to launch this way because we feel like it's able to offer a
more efficient and trading efficiency and also finality in terms of the transaction speed. And at the same time, we also see a lot of them, and a theme game find projects on leading a top's way. So we believe that being the strongest, the quid at
layer, a time at work, can, is actually support data for trading and also the liquidity aspect of the entire ecosystem. Nice welcome and thanks again. Joe, you want to go ahead next?
Yeah, yeah, basically how we see how we see sui is that it focus a lot on the Being a developer friendly and also at the same time, you know It reduced a lot of light-conceeing times that it takes to execute the smart contracts and also you see oh, we we have been seeing
that BITREORI, the TPS would be super fast. So BITREORI, it can support a lot of transaction from everywhere. And it's so, I mean, by nature, it is so welcoming for
any developer to build on it, especially DeFi, because as a professional trader, we can't go wrong when we want to use a depth, as we are on blockchain, every second is very important. So I would say
the switch in is actually positioning themselves by nature to make that happen. Yeah. Awesome. Chris, any thoughts? Yeah, about the D5 on three, I think, I think, I've seen D5 is definitely an infrastructure layer for all day one blockchain, like all the financial system with real
first and then check out the financial system, the security level is strong enough and then you guys will have strong social media or gaming so I think this device is super important check is possible ecosystem and about question 23 based on
I will answer more about technical side. Based on SWE's BFT solution and the on-chain data structure, the object structure, and even the version of the move, like compared with the D&M move, I think SWE is one of the most progressive, they want solution, I forgot to write
now and you guys already faced a or a sea lot of like a security issues like a oracle attack or landing and boring protocol attack and most of land is the same exports is not going to happen on a sweet move based a different protocol yeah because
it's a sweet like it's a smooth, it's a strict option of your structure. So yeah, I think this technical side, just two sweet is a must. Yeah. - Let's go. Go ahead.
Yeah, I think they all come with great points. I was just chiming for the from the another point, you know, the reason why a sweet as everybody knows, we're built with a language called move. The reason why it's called move is because fundamentally what is actually happening when user transects
from computer science language perspective, it's actually moving the object from one owner to another. And this is a significant difference and much more safer that is solidity, which you know, the way that they keep track of the assets is
It's like a bookkeeping of let's say hey Alice wise 10 dollars to Bob the Alice what did that $10 by Bach were ads another kind of so that fundamental mindset and the design make move much more zipper for D5 for transaction for you
use cases like this. So that's also why I'm personally very passionate about this and I think that kind of design will significantly reduce the risk for stolen funds, cases, hacks, waiting the... you know, that has been happening every day on news you see on Twitter space. So yeah.
Awesome, and welcome again everyone very happy to see you guys all here. So now we have a few questions for just each of the projects. I'm here with us today. Why don't we go with the same order? So Joe, you can start first. I'd like to know what I mean.
I mean, you mentioned a little bit about, you know, Sweetpad and the project and what it does, but what kind of projects will it launch and walk us through the due diligence process for Sweetpad?
Yeah, sure. So as a curated launch pad, we actually put a lot of emphasis in the kind of projects we're launching. I mean, because we work very closely with Nissan Labs, so obviously, of the first few batches of projects, we do deal with the legends together with Nissan as well as
So how it works is basically the projects we have to apply and then we would do an interview with them together with the supercounsel so we look at a few things that I can name right now is definitely their team who is their team their background once they actually
experience and also the attackers. Obviously they are products as well. What kind of pain point they are solving? Do they have a product market fit? What kind of innovation they have? If they are consumer product, how much DAU, MAU they have? And obviously they are revenue models.
to have today have a sustainable revenue model instead of just issuing tokens and of course tokenomics and marketing listing plans liquidity all the straight we definitely we have to look at from a multiple angle and for a view and also from a launch pad we I mean look
Launch strength is one thing that is very important but then after launch is even I mean people with associate how successful is a launch with the after launch what happened after launch rate like one month three months or even six months ago one year after launch so as a launch pad is very important for us to make sure post launch is
I mean, the projects that we are launching are doing a lot of things, especially the roadmap that they've actually patch with. We'll make sure we can together with Sweetpad, we can achieve the roadmap together with them, especially for the ones that we will be launching in the next few months. Yeah.
Got it nice and in terms of the roadmap, can you walk us through what sweep pad you expect you expect the sweep pads to look like in in three or five years time and and also how how you guys plan to onboard more great projects and users onto sweep
So we actually envision ourselves to become the onboarding layer of not just sweet chain but also a web tree as general because not just launching projects but we also want to educate our community as a whole through
multiple features that we are offering other than Launchpad, which is a three-tank. This is the WebTree version of Shark Tank, which will be, you know, coasting together with a few sponsors to make it like really entertaining and also educational
series of live show that we will be getting projects onto this show and then together with VCs. We can, because as we all know, a lot of time we see that especially influencers and KLs within this space, they kind of
a lot, they promote a lot of projects. Nothing against that is quite important but then we need the community to also know how to review and how to judge a project, not just follow the
KELS blindly but also how to think for themselves. So this educational show would act as a program to educate them how each VC from each background from each region, you know, look at each project. If it is a DeFi, what you have to look at, what are the metrics that
you have to check. If it is a gamify then another set of things that you have to check. So for this show it would last for like we are planning to you know produce one series per quarter and then six episode per series. So in a year we probably would have 24 episodes
And not just that but also a sweet economy. So this one is a web tree coding book camp. It works the same as a normal coding online coding book camp. So we would you know train builders from start. We teach JavaScript. We teach move. Sweet move, obviously.
We will be getting an instructor from Houston and a teaching assistant. From the beginning, we want to work with builders as early as possible. Together with our launch pad, together with a show, together with all the post-launched services we want to grow together with the builders since day one.
you know so that we can work in long term. Yeah so that's our vision and in terms of our what's the question again you ask how can we on board more projects right yeah so that's that's our team strength
I would say because previously me and my co-founder were working in different central exchange our role back then was launch by a listing and we have been doing a lot of deal flow, deal sourcing with many other parties. So we actively I mean since day one we will actually actively sourcing projects from
multiple chain. We have to go beyond Sway, like we go to Polygon near Ethereum, Solana and AppTos to look for great projects and to onboard them onto Sway. We showcase them how great Sway infrastructure is. And also we link them up with Nissan Labs and together with our partner
like the Bose, Gallup, Navi and other projects, right? And see how we can help those projects to easily, seamlessly onboard into a three-econ system. Yeah. Awesome. That's great. Let's move on to Chris from the Co-Fan or Scalup.
You know, there are a ton of D5 protocols doing very similar things also on Sui as well. So can you explain or explain to the listeners right now that what's unique about Scalp and what sets it apart from other lending and borrowing process?
Thank you for asking this. I will explain what we do again. We are an overcollectual landlion borrowing protocol for SBE consistent and what we emphasize are high security and high compatibility and brand new UI UX. We have a professional
We have a four feature SDK powered by Swiss Unifiture is called programmable transaction. And we still light up code and just by traders, by programming traders, you can implement customized trades like even zero interest brown.
zero interest and zero fee long. We are using the industry leading models and basically other lending and buying products are sweet and app tools they are still using Compound V2 model and we optimise the liquidation and risk control upon Compound V3 model. We have a collector wage
insurance found protect a collection boat and borrowing an awful collection ratio limits and we even use in topical recall it's awful risk management. Yeah and so just we are a security first lenient buying protocol and just we we also have the best practice and auditors we are collaborating with auto stack
for the other thing. And a whole protocol design is with zero trust. And we beside the landing environment, we also have a swap UI and a bridge UI and a suite object management tools for users. We can increase the app's thickness and also
Just a user will be will have been longer time to stay at your preference and previously we also have experience to build on Indian borrowing protocols when we build on Solana and so we build a no lost laundry for Solana because it's been before
So sweet, 'cause it's, yeah. Can you guys hear me? Okay, let's just a phone call. Yeah.
We lost you for like one second. Can you just repeat your last sentence? I think we previously we built a no-last-loss-lucky for solar ecosystem and we will also bring these financial products to follow three ecosystem. Yeah, so yeah. Got it. And I think you mentioned
about security earlier, can you dive deeper into what the SCAL team thinks about Sway and the DeFi protocols security? I will share more security like thoughts, especially for lenient borrowing because I think most usually happen that security
accidents happen on the environment and maybe you can also come in bridge yeah and especially on three we can start it from like object this this like shared object and on object like this the data on chain you can you can you can touch or you can modify or you cannot
has a strict role of the Swiss design. People all know that we are moving and actually moving is a framework based on Rust. We know that Rust is a low level language and can communicate with the memory. We will have no
memory bubble overflow issues on this one blockchain and then for the for the move framework is a late late define the assets as just like real world assets you cannot copy it you cannot like a directly deleted you cannot like a printed printed without any to
buy past any like permission. So just like traditional, most of the traditional attack is for way on previous best thing happened, maybe on Salana, like cream or finance or like one whole this testing happens. The same vulnerability, it will not happen on
3 again. So this is why we thought about 3 and for this management part we also said some like alpha limits or like sometimes this limit is sitting especially from some oracle attack oracle price control attack and sometimes a big guys like a huge liquidity and
control one centralized exchange price feed and then make the old records price is not normal but after we send this like alpha limit or borrowing limit or collector limit this things will not happen and meanwhile we also have a collector weight for in case just sound like low-degree the assets just can
a barrel too much tokens but but their price is up and down the gap is so huge and this definitely not a safe second so yeah this is our start about security and move and the five protocols is ready for land and borrowing as we go system. Go on it go on it moving on to
I like to know how you see now be fitting into the entire DeFi ecosystem on sui. Yeah, definitely. So first of all, you know, I from the landing volume perspective, I think it's very normal to have different product, different brands within the landing volume
For example, you know, E is there are 300, there was 300 to 700 taxes and doing swaps with different designs and mechanics. So I also have been, you know, meaning I was very fortunate to meet the Skull of Thunder ice fox, our offline as well, you know, like chatting, bringing him some idea, I think
the amazing builders like Navi. And the way that I position Navi is really from two point out, two stands, two sides. Number one is part of positioning. And Navi, we're going to offer a live version and a pro version to really feed the agenda. Let's say, hey, we want
to build a landing ball in for everyone. The rate he walks is for everyday retail investors like you and me, we might be causing you know our plateau and land out in a very simple straightforward way and that's what the live version is for for everybody. And the pro-versing will be tagging the sophisticated traders, the
institutions, investors and well-useders who potentially want to cleverize their over 10,000-E's 10,000 B coins on the platform and add a very granular risk control parameters to securely tuning their risk control and be notified when threatened thresholds
heat. So that's kind of, you know, our planet position. We want to build this dedicated landing ball in full retail investors and institution, institution builders. And that's the first part. The second part, I think, really lies within the, you know, the inheritance of the Navi
his team, I personally before Navi I was doing majority of the DeFi protocol on the BNB ecosystem which have like close to 100 million TBL and my partners they can form a more experienced and less lady learning ball in team which is also have been handling really really
doing great product and the two lessons we learned from them is number one is when you're building a DeFi product the most simple the design is the most safe it can potentially be the second is there was some risk management control that needs to be wrong with
really, really differently when your landing ball is at a million levels versus when your landing ball is at a hundred million level. For example, the Euler finance team that got hacked on Binance for almost like three hundred million dollars, I think you're like two months ago, was actually like their founder and the Hulk
was a very close friend of mine and I learned their suffering and I was also my own protocol also got a little bit of access and add the Annala here for like with a 15 million dollar hack and all those experiences really helped me to understand you know what does it feel like and how important the security is
when we want to build a protocol that can potentially serve millions of people if not billions. So that kind of helped me to come to this vision and the product position that we want to serve. And I love how I behave. I love
project not only in the landing bottom but AMM like total spin-ins, citrus, also scholar people and the sweet path. I think Joey did a good chance to meet this tie. I love how flourishing the community and the developer is and I actually believe this is a grand future for the Sweet Foundation. This is like
the early days of B&B ecosystem. And EVM, which is, yeah, so that's a little bit of two cents of mine. Yeah, thanks. - And same question as Scalap. What differentiates Navi from other learning and borrowing protocols?
Is this question for us or for Navi? No, it's for Navi, but I'm just saying it's the same question that I asked you guys.
- Sorry, I did not catch the question. Would you mind repeating it? - Yeah, just what differentiates Navi from other landing and borrowing protocols?
Yeah, so like I mentioned earlier, you know, our part of positioning will not only the user faces one only have just one landing page for everyone will have the light and pro version the pro version will have much more sophisticated design dedicated to a landing and balling part. For example, a one feature that I
I think my favorite is we're going to have automatic rebalance collateral set up. Let's say to help users automatic rebalance collateral when certain accident happens. For example, if I'm putting tennis into my collateral, I'm willing to put 110% of my east to let it sell.
to put it back my long if the is price dropped to a third and threshold. That is why key feature we want to release to help users secure their collateral with much more confidence. And the second thing that we're also looking to is to really take integrated defy
the composability with other different within space. We do not, our product positioning, we do not, in the very shortcoming future, we do not plan to have swabs and, you know, bridges, all kinds of features, beautiful sweet defi products, things day one. We really want to just focus on
one part, landing balling and doing well and bring more partners from other ecosystem. For example, type first finance, you're doing amazing option trading. I chat with Tommy a lot. It's a great product. We might integrate them once in mature to hedge our risk and we might integrate with elbows to
you some year earning strategy, you boss. And also, you know, this is kind of how our position is different from the rest of the landing ball. Yeah. Awesome. Thank you, Elisko. I'd like to just let Alison have a chance to share any product progress updates.
from turbos and then I think we still have time for maybe two or three questions afterwards from the audience. So if you guys have any questions for any of these projects feel free to just request them and I'll select you guys. So go ahead out, Allison. Yeah, so I guess it's pretty exciting for us to share that we have
have officially launched on the Sway permanent test net. So basically we offer the token swap and also the liquidity provision for users to trial different D5 features on to those plans. And then as we are actually focused
on the concentrated liquidity and that's more like, you know, there's actually a kind of like a complicated user interface and also feature when it comes to the price range of which you want to provide tokens to trade and then also the fee tiers that you want to earn. So that involves some kind
of like tier base and also on dynamic these structures. So what it's in our core is that we want to make trading tokens and also liquidity provision. We want to make everything simple. So we have set up a light version and also a professional version for users to try it out
different trading features. And then the second part about that is that we think that we can actually make DeFi trading more like interactive, engaging, and also fun. So when we design the user interface, we don't just think about trading token. You swap token
from A to B and that's said, you set it at guest B. But then we are also adding more like I wouldn't say gamified, but interactive features such as the 24 hour trending, the quality pool and also the most traded tokens on the D app so that when users they click on to our
website and also the platform they notice that what is the most exciting cares that are being trending and also being talked about within the community and then they can actually go for the token swap and also deploy the liquidity according to the DeFore Market sentiment and also
So the liquidity gap of different pool. So this is one of the things that we have in our mind when we design the protocol and also the DEAP features that make a difference from other AMM I would say. Yeah, so that's pretty much the progress and then actually we are also
planning on a community incentives program for those who trial with testnet and we will be sharing more details regarding that at a later stage. Got it. Thank you so much, Allison. And I think we have a win first. Here from the audience. Go ahead and unmute yourself.
Thank you very much for bringing me now to speak. I actually have a question for C part and my question is, you know, we listened to the AME conversation since and you didn't mention anything about the security and
of the security of your place from like, can you tell us what audits have been so far and what plans do you have and regarding your future audits in order to bring more confidence to the investors into your ecosystem? Thank you.
Yeah, sure. So we I mean, we have a good a very good dev team based in proc so a little bit background about our dev as our city always David. He has been building multiple great products. One of them is
GAME, GAME and the team that we have consisting of Fran and Bat-N obviously and also Cyber-Screety guys that has been working with
David since many years ago. So because David is from a web tool space and he brought in his blockchain guys into this space. And I would say from the fundamental level he is delivering a very good job so far.
And in terms of audit, we actually are in the process of auditing for the smart contract. And also we'll be doing pen tests as well. And also some other server's,
stuff to make sure that it's bulletproof of course because as a launch pad because we raise funds for projects so it's always very important for us to make sure the quote are cleaned personally.
and the penetration, everything has been done multiple times before we actually start the first launch. So everything is in place, but it's not completed yet. So we are still in the process of doing it.
Got it. And now we have VC hosts. Go ahead and unmute yourself.
Hello sir can you hear me? Yeah it's not very clear but go ahead. My question is, partnership is always an important factor for every project. So, if your partner what are the benefit you get from this solution check?
And who are you asking this question for?
Okay, my repeat question. What was she doing all of a sudden? Important? Oh no, sorry. She was a project I was asking.
I do not understand. Who is the question directed to?
Yes, it's. Sorry, it's not very clear. Why don't Joe from Sui Pad? Why don't you go ahead and ask for this thing's most relevant to you?
Yeah, sorry, I don't really get the question. Do I have to repeat again? Bro, I think he's trying to ask a partnership of your project. Oh, okay, okay, sure. Yeah, so, obviously as a launch pad, we definitely need to partner with as many
projects are possible, not just within three ecosystem but definitely because we are providing a service right and on top of the launch itself it's actually a lot more than that and the launch is always like less than maybe 5% of the whole campaign
We need to do marketing of course. We need to check the tokenomics. We need to make sure that the product itself is ready before we even push for it to the public. And obviously we need to form a lot of parts
And I mean since day one we have been actively doing that and if anything, um, Partnership is is the most important elements ever for a launchpad including, you know, uh, Dexas like turbos, um, CX like
like all the CX that you can name, like liquidity provider, market maker, marketing, community builders, even KOLs or yeah, so I mean it's our brand butter and
If you look at a Twitter, you can actually see that there were actually multiple partnerships that we have already forged. And in future, we will only do more and more to provide more and more services to the projects that we are launching.
Awesome, and unfortunately we run out of time, but I'd like to give each of you guys one last chance at Giving maybe your final thoughts where people can find out more information about your projects or any Updates coming up you'd like to share with everyone Why don't we go with the same order so Joe Joe you start first
Sorry, guys, I think I lost you a little bit for a few seconds. Do you mind to repeat? Yeah, no, I just like to give you guys the opportunity to share your final thoughts with the audience before we wrap things up. So any updates like to share with everyone or where people can find out more information about your project?
Yeah, sure. So we'll be having our testnet IDO second wave 2 sometime this week, possibly Friday. So stay tuned on our Twitter and also Discord. There will be multiple perks of joining this IDO testnet with 2 and always
feel free to ask questions in Discord for any kind of, if you want to know more about our team or development and how you can contribute even because we will be hiring also for a few positions. So always welcome to Home and to our Discord and have some conversation. Thanks.
Chris, go ahead. I want to share that I have, I don't, I'm not super OG legal system, but I am lucky to see Solana growth from like 12 to 16 to 250 and up to study from day zero and then right now they are stable.
and right now we are watching a sweet it's going to unlegged out their men there pretty soon and I would like to share with all the community that's a level of bloodshed especially the new level of bloodshed and especially it's a non-EVM bloodshed it cannot success like maybe in a wake or in a month or maybe in several quarters like it's it's really like I'm
a community just to keep it integrated with the keep using and interact with the projects and then give them feedback about maybe including security, UI UX or financial models. So definitely just we definitely hope and ask just users to just give us a chance to
and then just try to maybe integrate with our application and then just be active on social media. This kind of stuff because just like Roman is not successful in one night and then we see just all the way to live. Even the Ethereum is not less successful.
20 maybe 20 27 17 so just so I hope everybody can just keep passion and then don't blend like maybe some projects or some even even the foundation will have some maybe a bit delayed but I think it's all for maybe security reasons or maybe they want their project to be more
more well done. So yeah, and for our project site, we are going to online. I'm definitely very, very soon. I can, I think just I bet you guys can see it. Apparently see is in several days and then we will be fully prepared for the jump mannet and the day one, but we also need to concern is all again is a security because both of the
the oracles are not let us keep upgrading it and even the 3 SDK, there are even their internal modules are keep upgrading so we definitely want to represent the best for our community so just please give us a chance and give us more time and be patient and hope to see you guys on three maintenance.
Awesome, LSCOP, any final thoughts? Yes, and the first of all, you know, you can find everything about Navi on Twitter and ABI on the SCOP protocol. I love everybody to give you a follow. We will also be doing a few games without this core channel.
the entire group going onwards. The part is currently in pipeline to be audited right now. We are looking to release in the upcoming weeks right after the swimming launch. And you know, just so go back to all the deep pipeline protocols that's being here.
Like everybody say, I think based on our past experience building, the success of day one is never going to set home for the successful future. And I think the thing that aligns with all of us is to bring more DJN, DJN,
If I use this from Alico system to experience the low latency and scalpity that the suite now is able to offer. I really enjoyed this Twitter space with Alison from Turbo, Mj from Sweetpad and
from Scala, I think that is where all kind of, you know, can work more collaboratively, more looking to more partnership, all just, you know, AMA events, games together to educate the community and share more about progress. And yeah, and finally, thank you, thank you team for augmenting this amazing AMF.
Thank you so much guys Allison. Go ahead. Yeah, yeah, so as I just mentioned we are we have just launched a testnet today. So we are also planning for some community incentives program for our cascading at and also for users to trial different features. So
follow our social media, including on with Twitter to learn more about that. And one more thing I wanted to share is that we are actually joining hands with different protocols. Well, that could be soy pads, galleon, nappy protocol, and some more added defy ecosystem punters. And we are launching
the Turbo Sposed Campaign. This is basically more oriented for protocols, but then our token holders and future will also benefit from that. I'm just going to share a little bit sneak peek about this program because we are also public
and article and also talking more about this week on mix. So it's basically a program that we allow users for, we allow our token holders, which is the Turtles holders, to actually vote for their favorite protocols that have
created liquidity pools on herbles finance to participate in our campaign. And then the most voted project, which is also the winning project, they can be referred to our like partner centralized exchanges for potential listing. And then from this they can actually gain increased
visibility and also assess to different critical investment opportunities. So we think that this program is actually helping the sway ecosystem to attract the industries leading projects because we are able to deliver more comprehensive
And also a better co-marketing and co-growth package that is specifically designed to boost your development and also expansion of the selected protocols. So, you know, in this way we can empower the builders and also their projects by providing them with the necessary
resources and support. So we think that this will kind of solidify this way ecosystem prominence within a defile landscape and also that could move beyond the NFT and also game file or even game weaponry of social file sectors. I guess what I can say is that on stay tuned for more because
because we will be releasing more details regarding that later. Awesome. Thanks everyone again for joining, especially the guest Joe, Chris, Elisko, and Allison. Really appreciate it. And our next session, our third A&A session,
for the Sui ecosystem series will be about the NFT market and NFT ecosystem within Sui. And that will be held at 10AM UTC. So same time on Friday, the 21st. So I hope to see all of you guys there again. Thanks guys. Thanks team and thanks.
Yep, thanks, Steve. Thank you, everyone. Thanks, guys.