Podcasts about raydium

This week, Bread joins David to unpack Ethereum's surprising pivot back to Layer 1, as insiders push for a more pragmatic roadmap and faster block times. MegaETH's 10ms testnet drops jaws and breaks dApps, while WalletConnect shocks the industry with a late-stage token launch. Meanwhile, Base stirs chaos with its “content coins,” OHM crashes $6B in hours, and Solana's token wars heat up. Is Ethereum finally finding its focus — or just reacting to the noise? It's a jam-packed Weekly Rollup you don't want to miss. Bread: https://x.com/0xBreadguy MegaETH: https://x.com/megaeth_labs Modern Market: https://x.com/modernmarket_ ------

In this episode, we explore PumpFun's competition with Raydium, frontend design as a competitive moat, Solana's share of network REV and application revenue, Ethereum's ongoing scaling and governance challenges, and Bitcoin's correlation to the stock market. Thanks for tuning in! As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice. -- Resources PumpSwap Data: https://x.com/blockworksres/status/1905691039912087660 Fluid Dashboard: https://x.com/blockworksres/status/1908165062650675637 PumpFun Dashboard: https://app.blockworksresearch.com/analytics/pumpfun Bitcoin March 2025 Update: https://app.blockworksresearch.com/flashnotes/bitcoin-march-2025-update Solana March 2025 Update: https://app.blockworksresearch.com/flashnotes/solana-march-2025-update -- Ledger, the global leader in digital asset security, proudly sponsors 0xResearch! As Ledger celebrates 10 years of securing 20% of global crypto, it remains the top choice for securing your assets. Buy a LEDGER™ device now and build confidently, knowing your precious tokens are safe. Buy now on https://shop.ledger.com/?r=1da180a5de00. -- Missed DAS? Join us from June 24th-June 26th at Permissionless IV! Use Code 0x10 at checkout for 10% off! Tickets: https://blockworks.co/event/permissionless-iv -- Follow Carlos: https://x.com/0xcarlosg Follow Jacob: https://x.com/0xSharples Follow Marc: https://x.com/marcarjoon Follow Danny: https://x.com/defi_kay_ Follow Blockworks Research: https://x.com/blockworksres Subscribe on YouTube: https://bit.ly/3foDS38 Subscribe on Apple: https://apple.co/3SNhUEt Subscribe on Spotify: https://spoti.fi/3NlP1hA Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ Join the 0xResearch Telegram group: https://t.me/+z0H6y2bS-dllODVh -- Timestamps: (0:00) Introduction (1:34) The Decoupling Narrative (6:43) Outlook For Crypto Majors (10:57) Ethereum's Struggles (15:27) Ledger Ad (15:43) Solana's REV Share (21:21) Diving into the PumpFun Data (30:31) Ledger Ad (31:04) Who Owns the End User? (37:34) Incentivizing User Behavior (47:15) PumpFun vs Raydium: What's Next? (52:01) New Opportunities Going Forward -- Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place Blockworks Research: https://www.blockworksresearch.com/ Free Daily Newsletter: https://blockworks.co/newsletter -- Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Boccaccio, Danny, and our guests may hold positions in the companies, funds, or projects discussed.

Dans cet épisode explosif du podcast de Cryptoast, on reçoit Kouga, figure incontournable de la Solana Foundation, qui nous raconte son ascension fulgurante dans l'écosystème Solana.Entre rug pulls, effondrement de FTX, guerre des DEX, et adoption institutionnelle, il nous livre une vision honnête, humaine et ultra informative du Web3 d'aujourd'hui et de demain. Un épisode à ne surtout pas rater si tu t'intéresses à Solana, à la DeFi, ou aux coulisses des plus gros projets crypto du moment.Nos podcasts sont aussi sur :

In this week's episode we cover yesterday's Fed meeting and rate decision, discuss the macro outlook, dig into the pump.fun vs Raydium battle within Solana, and explain Strategy's recent STRF issuance.

The latest price moves and insights with Jennifer Sanasie and Token Metrics CEO Ian Balina and Titan Founder Chris Chung.To get the show every day, follow the podcast here.Are memecoins making a comeback? Tron-based token issuer Sun Pump saw a recent uptick in token launches, and Solana-based DEX, Raydium announced the launch of its own token issuing platform. What does this mean for the future of memecoins? Markets Daily's Jennifer Sanasie caught up with Token Metrics CEO, Ian Balina and Titan Founder Chris Chung to find out.This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.-Friends, DeFi is having a moment — Uniswap Labs' web app and wallet connect you to the excitement. Swapping and bridging are simple, low cost, and lightning fast across 13 chains, including Base, Arbitrum and Unichain, the new Layer 2 network designed for DeFi.Thanks to deep liquidity on Uniswap Protocols, you get minimal price impact on every trade, now with even greater efficiency through Uniswap v4.Swap, send, on-ramp, off-ramp, and bridge into a bright future — get started at uniswap.org.-This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The SEC has officially dropped the XRP Lawsuit!! We're seeing Ethereum and other altcoins like Raydium pumping hard. Is Altseason finally here? ➡️  Trade Bitcoin - https://lbank.one/join/uF8QEKK ➡️  Join Telegram - https://t.me/+vS5uDtG57XpjNDA1 ➡️  Arculus - https://www.getarculus.com/products/arculus-cold-storage-wallet

Coinbase launches Verified Pools for verified users, while Ethereum plans to retire the Holesky testnet. South Korea seeks a 10-year sentence for a Haru Invest attacker. The Digital Chamber undergoes leadership changes, Raydium develops a memecoin launchpad, and Bitcoin ETFs see three days of inflows, signaling renewed investor interest.RESOURCEShttps://www.theblock.co/post/346934/coinbase-launches-verified-pools-in-select-regions-to-provide-more-transparent-onchain-liquidity?utm_source=rss&utm_medium=rsshttps://cryptonews.com/news/ethereum-core-developers-to-phase-out-holesky-testnet-by-september-2025/?feed_id=13075&_unique_id=67da9deaeffbehttps://www.theblock.co/post/346953/south-korean-man-faces-10-years-in-prison-for-stabbing-crypto-ceo-during-fraud-trial?utm_source=rss&utm_medium=rsshttps://www.theblock.co/post/346997/us-spot-bitcoin-etfs-log-third-consecutive-day-of-net-inflows-ether-etfs-extend-outflow-streak?utm_source=rss&utm_medium=rsshttps://www.coindesk.com/policy/2025/03/18/digital-chamber-gets-new-chief-as-crypto-lobbyists-embrace-friendly-washingtonhttps://www.theblock.co/post/346946/solana-based-decentralized-exchange-raydium-is-working-on-a-pump-fun-memecoin-factory-competitor?utm_source=rss&utm_medium=rssSecure your Business & Digital Life with Cyber Strategy Institute https://www.thegrowmeco.com/course/https://cyberstrategyinstitute.com/warden/ WHERE TO FIND DCNDailyCryptoNews.Net https://twitter.com/DCNDailyCrypto Trader Cobb X: @TraderCobbEditing Services https://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

The latest price moves and insights with Jennifer Sanasie and Token Metrics CEO Ian Balina and Titan Founder Chris Chung.To get the show every day, follow the podcast here.Are memecoins making a comeback? Tron-based token issuer Sun Pump saw a recent uptick in token launches, and Solana-based DEX, Raydium announced the launch of its own token issuing platform. What does this mean for the future of memecoins? Markets Daily's Jennifer Sanasie caught up with Token Metrics CEO, Ian Balina and Titan Founder Chris Chung to find out.This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.-Friends, DeFi is having a moment — Uniswap Labs' web app and wallet connect you to the excitement. Swapping and bridging are simple, low cost, and lightning fast across 13 chains, including Base, Arbitrum and Unichain, the new Layer 2 network designed for DeFi.Thanks to deep liquidity on Uniswap Protocols, you get minimal price impact on every trade, now with even greater efficiency through Uniswap v4.Swap, send, on-ramp, off-ramp, and bridge into a bright future — get started at uniswap.org.-This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

SUMMARYSAYLOR MOCKED, DOUBLES DOWNMINNESOTA EMBRACES BITCOINSOL CRASHES 57%CRYPTO BANKS COMING

Solana needs no introduction. Ever since its inception, it pushed throughput scaling on a single chain, without the need of sharding or rollups. Despite its ups and downs that culminated at the bottom of the bear market after the FTX crash, it managed to not only survive, but build a vibrant community around crypto's (arguably) most prominent PMF (thus far).Join us for a fascinating discussion and learn about Anatoly's take on controversial topics such as MEV, concurrent block leaders (the equivalent of Ethereum's PBS proposal), L2 rollups, Solana economics, how to tackle potential exploits and more.Topics covered in this episode:How the original Solana vision turned outWhat makes blockchains valuableMEV & program writable accountsConcurrent block proposersCurrent bottlenecks for scaling SolanaMainnet vs. L2 rollupsFiredancer upgradeHalting the network vs. rollbacksSolana's scaling roadmapDoubleZeroWorst hacks on SolanaUI exploits, Bybit hack and smart contract securitySolana economics and the SIMD-0228 proposalFuture improvementsUse cases for blockchainsSolana mobileEpisode links:Anatoly Yakovenko on XSolana on XSolana Mobile on XSponsors:Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at - gnosis.ioChorus One: one of the largest node operators worldwide, trusted by 175,000+ accounts across more than 60 networks, Chorus One combines institutional-grade security with the highest yields at - chorus.oneThis episode is hosted by Brian Fabian Crain & Martin Köppelmann.

In this episode, our Blockworks Research analysts dive into key market developments, including Trump's recent comments on a potential U.S. crypto reserve and its market implications. They debate whether Bitcoin should be the sole asset in such a reserve, and analyze broader market sentiment. The discussion shifts to Solana's DEX landscape, and the potential impact of Pump.fun's new AMM on Raydium's trading volumes. The conversation also covers Base's Flashblocks announcement. Finally, they explore the tokenization of real-world assets, the role of institutions like Coinbase and BlackRock, and the evolving regulatory landscape. Thanks for tuning in! As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice. -- Resources Raydium Analytics: https://raydium.blockworksresearch.com/ Solana: February 2025 Update: https://x.com/blockworksres/status/1896919181918163128 Class Dismissed: End of Raydium's Graduations: https://x.com/blockworksres/status/1894357544359137658 Base Announces Flashblocks: https://x.com/buildonbase/status/1895223243713458184 -- Doing your crypto taxes doesn't have to suck. Say goodbye to tax season stress with Crypto Tax Calculator - built for degens like you: 3,000+ integrations to support all your wallets, exchanges, and on-chain activity with deep integrations into dApps & smart contracts. A custom pricing oracle to handle even the most chaotic portfolios. Full support for IRS rules and accurate, CPA-endorsed tax reports.  Generate reports your accountant will love or file directly yourself. Create an account. Import your wallets and exchanges. Review and download your tax report.  Get started today and make tax season easy! You can use our exclusive discount code BW2025 to enjoy 30% off all paid CTC plans until April 15th, 2025.   Follow this link to get started: https://cryptotaxcalculator.io/us/?coupon=BW2025&utm_source=blockworks&utm_medium=podcast&utm_campaign=0x -- Join us at DAS NYC 2025!  Use code 0x10 for a 10% discount: https://blockworks.co/event/digital-asset-summit-2025-new-york -- 0xResearch needs your help!  We're conducting an audience survey to help us get a better picture of who our listeners are, and what you want to see from the show. What do you like about the show? What can we improve on? To contribute, follow this link: https://blockworks-research.beehiiv.com/forms/a97db4d7-5ff3-4a02-9089-d521bc64babd -- Follow Carlos: https://x.com/0xcarlosg Follow Daniel: https://x.com/_dshap Follow Marc: https://x.com/marcarjoon Follow Danny: https://x.com/defi_kay_ Follow Blockworks Research: https://x.com/blockworksres Subscribe on YouTube: https://bit.ly/3foDS38 Subscribe on Apple: https://apple.co/3SNhUEt Subscribe on Spotify: https://spoti.fi/3NlP1hA Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ Join the 0xResearch Telegram group: https://t.me/+z0H6y2bS-dllODVh -- Timestamps: (0:00) Introduction (1:37) Trump's Comments on the Crypto Reserve (8:56) The Solana DEX Landscape (17:05) Pumpfuns Native AMM (28:15) Base Announces Flashblocks (42:38) Connecting Base Liquidity to Coinbase (48:18) Crypto Tax Calculator Ad (48:49) The RWA Sector (1:04:06) Closing Comments -- Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place Blockworks Research: https://www.blockworksresearch.com/ Free Daily Newsletter: https://blockworks.co/newsletter -- Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Boccaccio, Danny, and our guests may hold positions in the companies, funds, or projects discussed.

Bitcoin is down half a percent at $86,211 Eth is up slightly at $2,347 XRP, is down half a percent at $2.22 Pump.fun sees sharp drop in tokens graduating to Raydium. BlackRock's ETF sees record net outflows. Sky integrates with Berachain SEC closes investigation into Gemini House Ways and Means Committee vetos resolution. Ethereum Foundation donates $1.25M for Alexey Pertsev defense. Raise secures $63M in funding. Learn more about your ad choices. Visit megaphone.fm/adchoices

California Democratic Party Representative Sam Liccardo is preparing to introduce the MEME Act, which would ban the issuance of memecoins like TRUMP by public officials.~This episode is sponsored by Tangem~Tangem ➜ https://bit.ly/TangemPBNUse Code: "PBN" for Additional Discounts!00:00 Intro00:15 Sponsor: Tangem00:35 Meme coin ban01:27 Dozen sponsors 01:53 Trump profiting history02:45 Liccardo is corrupt too03:15 Pelosi insider trading03:45 Pump.fun & Raydium screwed04:04 ATM scam bill04:20 ATM Bill is misguided06:34 Matt Hougan: Meme Coins cycle is officially dead07:44 Solana to sui08:01 Hearing08:36 Senate Hearing recap11:11 Bybit bounty11:45 FBI slow12:20 Priorities changing12:47 RWAs13:11 Outro#trump #crypto #bitcoin~Meme Coin Ban for Politicians... but Stock Trading Still Allowed?

Davide from Neon Protocol joins Thomas to discuss Neon's latest mainnet release, repositioning as a Solana Network Extension, and how it simplifies EVM compatibility for Ethereum developers. Learn how Neon eliminates friction for users, enables Solana wallets like Phantom for EVM apps, and unlocks new opportunities for DeFi, AI, and meme coin projects.Key Topics Discussed:Neon's Repositioning as a Solana Network ExtensionTransition from being perceived as an L2 to a native Solana extension.Unified user experience: Solana wallets (e.g., Phantom) now interact directly with EVM apps on Neon.Technical Upgrades & User BenefitsSolana Signature SDK: Allows Ethereum developers to deploy protocols on Solana with minimal front-end changes.No asset bridging required; gas fees paid in SOL.EIP-1559-style fee structure for predictable transaction costs.Ethereum Developer AdoptionNeon enables Ethereum protocols to tap into Solana's user base without rewriting code in Rust.Focus on bringing battle-tested DeFi primitives (lending, DEXs) and meme/AI projects to Solana.Composability & Future RoadmapComposability V1: Already integrates with Solana DEXs (e.g., Orca, Raydium) for liquidity.Composability V2: Upcoming support for atomic transactions, flash loans, and cross-protocol liquidations.Market OpportunitiesSolana's growing dominance in user activity, volume, and developer interest.Neon's role in attracting EVM chains (e.g., Base) and upcoming L1s (Monad, Berachain) to Solana.Key Takeaways:For Users: Access EVM apps on Solana without MetaMask or bridging.For Developers: Deploy Ethereum-tested protocols on Solana in days, not months.For Solana: Reduced fragmentation and expanded use cases via EVM compatibility.Relevant Links:Neon Protocol: neon-labs.orgSolana Weekly: Website | TwitterFollow the Show:Subscribe on Apple Podcasts, Spotify, or your favorite platform.Leave a review to support the podcast!Disclaimer: This episode is for informational purposes only and does not constitute financial advice. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thomasbahamas.substack.com

Binance is shaking up the crypto market! What does this mean for Solana, Bitcoin, and other altcoins? Get the latest crypto news and insights on this critical situation before it's too late! Don't miss out! ➡️  Trade Bitcoin - https://www.lbank.com/activity/DiscoverCrypto-Cashback?icode=4MQ3K ➡️ NO KYC exchange, claim 500USDT trading bonus and 100% cashback on LBank:  https://www.lbank.com/activity/DiscoverCrypto-Cashback?icode=4M7MZ ➡️  Join Telegram - https://t.me/+vS5uDtG57XpjNDA1 ➡️  Arculus - https://www.getarculus.com/products/arculus-cold-storage-wallet

Hosts: RA George (Blockchain DXB) Markose Chentittha (Oort Foundation + Society X) Episode Overview:Join us for this week's Unfiltered Chat, where we dive into the most pressing topics in crypto, blockchain, and AI. This episode features a detailed discussion on CPI numbers, inflation, crypto market updates, regulatory insights, and groundbreaking industry developments. 1. CPI Numbers & Inflation Inflation increased to 2.9%, slightly higher than the expected 2.8%. Consumer prices show upward momentum, triggering discussions on potential Fed interest rate reductions. Analogy: The economy, like a weak patient, may need another dose of medicine (interest rate cuts). Will this happen on January 29 or in February? 2. Gary Gensler's Exit Interview Advocated for Bitcoin as fundamentally strong, contrasting with sentiment-driven "shitcoins." Acknowledged broader SEC responsibilities like ESG, climate change, and DEI policies. Discussed the SEC's partial win in the Coinbase lawsuit and the lack of clear crypto regulations. 3. Ripple & SEC: The Trump and Obama Years Former SEC Chairman Jay Clayton sued Ripple, labeling XRP a security. Under Obama, the CFTC classified Bitcoin as a commodity in 2015. Should the CFTC take charge of crypto regulation? 4. Tether's Relocation to El Salvador Tether aligns with El Salvador's Bitcoin-centric economy for innovation and operational flexibility. Is launching a UAE Dirham-backed stablecoin a good idea for expats? We explore its potential impact on expat communities from Bangladesh, India, Pakistan, and the Philippines. 5. BlackRock Insights Bitcoin adoption is faster than mobile phones and the internet, achieving 300 million users in just 12 years. Blockchain DXB's take: Compare Bitcoin adoption with rapid-growth metrics like ChatGPT, Threads, and TikTok for a balanced perspective. 6. Crypto Market Update DApps volume analysis from DappRadar shows mixed results. Raydium numbers are puzzling. Stablecoin volumes surged before CPI numbers, signaling increased crypto activity without selling pressure. Key Advice: Track stablecoin volumes and 24-hour trading volumes to gauge market trends. 7. Updates from Markose & RA George Markose: Oort Foundation's upcoming Twitter Spaces and developments. RA George: Relai and DAMAC Group interviews on AI, tokenization, and more. Inflation Data: BLS CPI Numbers Gary Gensler's Exit Interview: CNBC Video BlackRock Market Insights: Insights Publication DApp Statistics: DappRadar Rankings Podcast Closing NotesWe appreciate our listeners for tuning into this week's Unfiltered Chat. Don't forget to follow Blockchain DXB and Society X for more updates on crypto, blockchain, and AI! To support this channel: https://www.patreon.com/BlockchainDXB ⚡ Buy me Coffee ☕ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.buymeacoffee.com/info36/w/6987⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⚡ Advanced Media ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.amt.tv/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⚡⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Spartan Race Trifecta⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ in Dubai https://race.spartan.com/en/race/detail/8646/overview For 20% Discount use code: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠George20⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⚡ The Race Space Podcast

Episode Summary: Blockchain DXB Crypto Market Update - 10th December This episode of Blockchain DXB's AI Series delves into the latest developments in the cryptocurrency market, focusing on metrics, trends, and key news updates. Join RA George as your host for an in-depth analysis of the global crypto ecosystem and the intersection of blockchain and AI. This episode is 100% crafted using AI through Notebook LM by Google. Episode Summary: For a deeper dive into the market analysis, be sure to listen to the original Blockchain DXB episode hosted by George. Main Topics Covered: Global Crypto Market Overview: Market cap: $3.45 trillion (+6.87%) 24-hour trading volume: $319.03 billion (+114.23%) Stablecoin dominance: 93.87% of the trading volume DeFi Market Insights: DeFi trading volume: $24.54 billion (7.69% of total market) Top DeFi projects: Lido ($36.54 billion TVL), Uniswap, Raydium, Pancakeswap, Orca, Aerodrome Bitcoin & Ethereum Performance: Bitcoin: Market cap $1.92 trillion, 55.80% dominance, $110.42 billion in daily trading volume Ethereum: Market cap $446 billion, 12.93% dominance, $56.88 billion in daily trading volume Major Market Moves: Pepecoin (PEPE) surges past $11 billion in market cap El Salvador's $2 billion loan talks with the IMF amid Bitcoin policy adjustments Riot Platforms' $500 million private offering for Bitcoin acquisitions Amazon shareholders' push for Bitcoin treasury allocation UAE & AI Developments: BitOasis receives Dubai's first full crypto license from VARA UAE AI Office partners with UiPath to advance national AI strategy through automation Market Corrections & Metrics: Bitcoin: $97,012 (-1.85% daily, +2.80% weekly) Ethereum: $3,774 (-5.00% daily, +3.54% weekly) XRP: $2.26 (-10.10% daily, -16.25% weekly) Fear & Greed Index: 82 (Extreme Greed) Closing Thoughts: Follow ⁠Blockchain DXB⁠ Website: https://blockchaindxb.com/ LinkedIn: https://www.linkedin.com/in/ra-george-19b102104/ This episode was fully created using Notebook LM by Google, demonstrating the power of AI in reimagining content production. To support this channel: https://www.patreon.com/BlockchainDXB ⚡ Buy me Coffee ☕ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.buymeacoffee.com/info36/w/6987⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⚡ Advanced Media ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.amt.tv/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⚡⁠⁠⁠Spartan Race Trifecta⁠⁠⁠ in Dubai https://race.spartan.com/en/race/detail/8646/overview For 20% Discount use code: ⁠⁠⁠George20⁠⁠ ⚡ The Race Space Podcast

 20th Nov: Blockchain DXB Podcast

18th Nov: Blockchain DXB Podcast

Today, we cover the latest Bitcoin, Crypto & Altcoin News. Meme coins and AI coins like AIOZ, DOGE, BONK & Goat are all pumping while we're seeing retracements from Ethena, Raydium, Kaspa & Pendle. Big inflows for the Bitcoin & Ethereum Spot ETFs. ➡️  Trade with Josh - https://t.me/+vS5uDtG57XpjNDA1

Today, we discuss the US strategic Bitcoin Reserve. There are now reports for a $100,000 Bitcoin by Jan 2025. Ethereum and other top altcoins like Aave, Solana, Raydium, Ethena and more Altcoins are all pumping today. It's time to take action or get left behind. ➡️ Trade with Josh - https://t.me/+vS5uDtG57XpjNDA1

In this episode, Michael, Vance, and Mike Ippolito sit down to discuss everything happening in crypto leading up to the election! They dive into Jito Restaking and the synergies across Jito's product suite, the relationship between Raydium and Pumpfun, and Coinbase's recent earnings report. Thanks for tuning in! -- Resources Jito Restaking Caps Hit: https://x.com/jito_sol/status/1852018955990278518 Michael Saylor Announces $42B Capital Plan: https://x.com/saylor/status/1851718391889043954 -- Index Coop's Leverage Suite provides streamlined access to leverage, with built-in liquidation protection and low fees. Non-US users can now trade 2x, 3x and inverse leverage tokens for ETH and BTC on Arbitrum, Base, and Ethereum Mainnet. Stop overpaying for leverage. Save up to 6x in fees compared to perps: https://indexcoop.com/blockworks-leverage -- L2s and L3s are history. Supra Containers give you dedicated, customizable AppSpace on Supra's Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.  Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas amounts or just go gasless, and scale on demand whenever you need to. Supra Containers are secured by Supra's L1 nodes and get access to Supra's 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here. Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks -- Fuel Ignition launches as a high-performance Ethereum L2, running on consumer hardware to combat blockchain centralization. Powered by FuelVM, it offers fast, low-cost transactions with Ethereum and Solana wallet support. Explore our growing ecosystem of DApps for crypto management, DEXs, lending, and more.  Visit fuel.network to learn more and start building for tomorrow, today! -- Follow Mike: https://twitter.com/MikeIppolito_ Follow Michael: https://twitter.com/im_manderson Follow Vance: https://twitter.com/pythianism Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Timestamps: (0:00) Introduction (5:52) Glow & Solar Powered DePIN (20:19) Jito Restaking & Solana's Next Step (27:35) Index Coop Ad (28:41) Supra Ad (29:38) Fuel Ad (30:32) Raydium and Pumpfun's Relationship (34:51) Coinbase Earnings and the Growth of Base (43:47) Retail Onboarding On Coinbase vs Robinhood (47:38) Michael Saylor Announces $42B Capital Plan -- Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.

In this episode, our Blockworks Research analysts discuss ai16z Agents, whether or not AI agents will need crypto rails, and the impact data oriented crypto protocols will have on the AI space. They also highlighted Solana REV recently hitting new all time highs, and Raydium's dominance. Thanks for tuning in! As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice. -- Resources Maximizing Profits with Raydium: https://app.blockworksresearch.com/research/maximizing-profits-with-raydium -- Special thanks to our sponsor, Nillion! Stay up-to-date with “Humanity's first blind computer” by following Nillion on X: https://x.com/nillionnetwork -- Follow Marc: https://x.com/marcarjoon Follow Ryan: https://x.com/_ryanrconnor Follow Boccaccio: https://x.com/salveboccaccio Follow Blockworks Research: https://twitter.com/blockworksres Subscribe on YouTube: https://bit.ly/3foDS38 Subscribe on Apple: https://apple.co/3SNhUEt Subscribe on Spotify: https://spoti.fi/3NlP1hA Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Timestamps: (0:00) Introduction (1:34) Are AI Tokens Here to Stay? (13:53) The AI Agent Meta (20:07) Do AI Agents Need Crypto Rails? (23:23) Data Focused Protocols and Their Impact (28:39) Nillion Snippet (39:02) Solana REV Hits New All Time Highs (48:00) Raydium is a Cash Machine -- Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place Blockworks Research: https://www.blockworksresearch.com/ Free Daily Newsletter: https://blockworks.co/newsletter -- Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Boccaccio, Dan, and our guests may hold positions in the companies, funds, or projects discussed.

Gm! In this episode, 0xInfra joined us to discuss all things Raydium! We dove into Raydium's volume boom, how they deter pool deployment spam, and what led to their rise to the top of the Solana DEX space. Additionally, we looked back on the early days of Raydium, where they are today, and where they are heading next! Finally, discussed Pumpfun's impact on Solana's onchain activity. Enjoy! -- Follow Infra: https://x.com/0xINFRA Follow Mert: https://x.com/0xMert_ Follow Jack: https://x.com/whosknave Follow Lightspeed: https://twitter.com/Lightspeedpodhq Subscribe to the Lightspeed Newsletter: https://blockworks.co/newsletter/lightspeed -- Access is the new way to support and consume content from your favorite creators. Over 140 subscriptions to select from, spanning from large crypto media to a long tail of talented independent researchers and artists. No paying for subscriptions. Simply stake, consume, and get rewarded. Claim your free subscription through this link. But be quick there is a limited number available! https://tiplink.io/f/2822-V0U0FYRTsGIR#expE3HuuYEpKUuo2-nSeNKZCB_BFWHaliw-uZbhhCnM – Step into MyPrize—the online multiplayer crypto casino that lets you battle your friends and play alongside creators. On MyPrize, you're invited to get rowdy and share every victory and defeat with your pals. Because we know the only thing more fun than beating the house is beating your friends. Get started now with a 150% deposit or purchase bonus: https://myprize.com/invite/Lightspeed -- Subscribe on YouTube: https://bit.ly/43o3Syk Subscribe on Apple: https://apple.co/3OhiXgV Subscribe on Spotify: https://spoti.fi/3OkF7PD Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- (00:00) Introduction (03:05) Raydium's Volume Boom (13:39) How Do You Deter Pool Deployment Spam? (16:01) Bots vs Organic Users (19:40) Access Protocol Ad (20:22) MyPrize Ad (20:52) What Led to Raydium's Rise to the Top of Solana DEXs? (26:32) The Early Days of Raydium (38:12) Realizing Memes Were Going to Drive Volume (43:45) Pump.fun's Impact Onchain (56:25) Where is Raydium Heading Next? -- Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation. Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Jack, and our guests may hold positions in the companies, funds, or projects discussed.

27th March- Crypto & Coffee at 8

In the latest episode of Mid Mic Crisis, hosts Bunchu and Chamber embark on a multifaceted exploration, with a particular focus on Bunchu's recent crypto venture involving the much-anticipated $WEN airdrop.The episode kicks off with an insightful discussion on the art of podcasting. Bunchu and Chamber share their experiences and insights, providing a behind-the-scenes look at what goes into hosting a podcast. As seasoned podcasters, they delve into the intricacies of creating engaging content, managing episodes, and navigating the evolving landscape of the podcasting realm.The spotlight then shifts to Bunchu's crypto play involving the $WEN airdrop. The hosts dissect the strategies and considerations behind participating in a crypto airdrop, shedding light on the potential benefits and risks associated with such endeavors. As they unravel the intricacies of the crypto market, listeners gain valuable insights into optimizing their airdrop experiences.The conversation seamlessly transitions to the upcoming Jupiter Exchange airdrop, a highly anticipated event in the crypto community. Bunchu and Chamber discuss the expectations and implications surrounding this event, offering a glimpse into the dynamic world of blockchain-based giveaways.Adding a relatable touch to the episode, the hosts open up about the challenges of parenting pre-teens. Sharing personal anecdotes and reflections, they navigate the often tumultuous terrain of parenting, providing a candid and authentic perspective on the struggles and joys of raising children in the digital age.As Bunchu's crypto journey unfolds and the hosts share their collective wisdom, this episode of Mid Mic Crisis emerges as a well-rounded and engaging exploration of podcasting, crypto airdrops, and the nuances of modern parenting. Join Bunchu and Chamber as they navigate the intersections of technology, finance, and family life with their signature blend of humor and insight.Follow us on X.com: https://twitter.com/MidMicCrisisPowered by @dGenNetworkWebsite: https://dgen.network/Support the show

Crypto Lender Nexo Agrees to Pay $45 Million in Fine to SECCrypto lender Genesis files for bankruptcyHackers exploit Raydium protocol, sending $2.7 million

The Cybercrime Wire, hosted by Scott Schober, provides boardroom and C-suite executives, CIOs, CSOs, CISOs, IT executives and cybersecurity professionals with a breaking news story we're following. If there's a cyberattack, hack, or data breach you should know about, then we're on it. Listen to the podcast daily and hear it every hour on WCYB. The Cybercrime Wire is sponsored by Deloitte Cyber. To learn more about our sponsor, visit https://deloitte.com/cyber • For more breaking news, visit https://cybercrimewire.com

Hey Solanians….. I'm so sorry for what some of you are going through. Know that you will get through this... This is the thirteenth episode of our SOLI focused segment of the Inside Crypto podcast. In this series we plan to cover the latest news regarding the constituents of our Solana Ecosystem Index. They are Serum, mSOL and MNDE, Raydium, Aldrin, Solend, UXP, Mango, Tulip and Oxygen Protocol. This episode was recorded on November 14th 2022. Today we discuss how resilient the Solana ecosystem has been. From forking Serum to stabilizing the price of Solana. These stories and many more on today's episode.Thanks everyone for listening and don't forget to tune in next week where we help you to get to grips with what is going on in the Polygon Ecosystem.News Covered Today:SOLI Price ActionSolana TVL - DefiLlamaCoinDeskSerum Being ForkedMarinade To Continue BuildingRaydium Pauses Marketing Making

Hey Solanians….. Got to say that crypto is holding its own despite macro economic pressures... This is the twelfth episode of our SOLI focused segment of the Inside Crypto podcast. In this series we plan to cover the latest news regarding the constituents of our Solana Ecosystem Index. They are Serum, mSOL and MNDE, Raydium, Orca, Solend, UXP, Mango, Jet and Oxygen Protocol. This episode was recorded on October 25th 2022. The first thing we will always dive into, is the price action of the week and then go through any major news items with regards to the constituents.... Today we discuss how Marinade is gaining more support through mainstream channels and Raydium's Concentrated Liquidity Launch. These stories and many more on today's episode.Thanks everyone for listening and don't forget to tune in next week where we help you to get to grips with what is going on in the Solana Ecosystem. News Covered Today:SOLI Price ActionSolana TVL - DefiLlamaMarinade Weekly RecapMarinade Liquidity MiningConcentrated Pools - RaydiumSquads-Solend IntegrationOrca Community Listings BetaUXD's Exposure to MangoDecentralized Debt MarketsMango (@mangomarkets) / TwitterFollow Us On:WebsiteTwitterDiscordTelegram (English)RedditEmail

Hey Solanians….. The state of the global economy has got most markets down but we have to keep positive... This is the eleventh episode  of our SOLI focused segment of the Inside Crypto podcast. In this series we plan to cover the latest news regarding the constituents of our Solana Ecosystem Index. They are Serum, mSOL and MNDE, Raydium, Orca, Solend, UXP, Mango, Tulip and Aldrin. This episode was recorded on October 3rd 2022.  The first thing we will always dive into, is the price action of the week and then go through any major news items with regards to the constituents.... Today we discuss how xNFTs are changing the game and more about concentrated liquidity…this and many more stories on today's episode. I have to mention that nothing in this episode constitutes financial advice. Please do your own research. Anything said here is my own opinion and not to be connected with my employer. But I am forever grateful to them for helping make this podcast a reality so please do check out our website and tokens we offer at tokens.amun.com. Thanks everyone for listening and don't forget to tune in next week where we help you to get to grips with what is going on in the Solana Ecosystem.  News Covered Today: https://tokens.amun.com/token/SOLI (SOLI Price Action) https://defillama.com/chain/Solana (Solana TVL - DefiLlama) https://www.einnews.com/pr_news/591705579/bloxroute-is-coming-to-solana (bloXroute is coming to Solana - EIN Presswire) https://tribeca.so/gov/mnde/proposals/17 (Marinade Proposal #17: Preventing the Creation of Permissioned/Closed Gauges) https://twitter.com/MarinadeFinance/status/1576767813515022336?s=20&t=D_10KczjX9XJJIcou4suCA (Marinade Weekly Recap) https://jumpcrypto.com/xhack/ (xHack | Jump Crypto) https://twitter.com/solendprotocol/status/1575157024030982145?s=20&t=prc52zC3O_hW9dh2SzJ6vQ (Solend and xNFTs) https://medium.com/orca-so/orca-your-gamefi-toolkit-78dfc2b936ae (Orca's Gamefi Toolkit) https://twitter.com/dawidsnyders/status/1575419604666548225?s=20&t=prc52zC3O_hW9dh2SzJ6vQ (UXD's Stable Yields) https://twitter.com/0xCoral/status/1540414894482329602?s=20&t=prc52zC3O_hW9dh2SzJ6vQ (Tulip and xNFTs) https://twitter.com/mangomarkets/status/1576242251587428352?s=20&t=prc52zC3O_hW9dh2SzJ6vQ (Mango Markets and Cellfi) https://blog.aldrin.com/week-58-c87c5b672870 (Aldrin Weekly Recap) Follow Us On: http://www.amun.com (Website) https://twitter.com/Amun (Twitter) https://discord.gg/EDufcYpseD (Discord) https://t.me/AmunTokens (Telegram) (English) https://www.reddit.com/r/AmunTokens/ (Reddit) Email

Hey Solanians….. How are you? The merge has had an effect on pretty much everything including Solana... This is the tenth episode  of our SOLI focused segment of the Inside Crypto podcast. In this series we plan to cover the latest news regarding the constituents of our Solana Ecosystem Index. They are Serum, mSOL and MNDE, Raydium, Orca, Solend, UXP, Mango, Tulip and Aldrin. This episode was recorded on September 12th 2022.  The first thing we will always dive into, is the price action of the week and then go through any major news items with regards to the constituents.... Today we discuss how instant liquid unstaking is changing the game and recap Solend in August…this and many more stories on today's episode. I have to mention that nothing in this episode constitutes financial advice. Please do your own research. Anything said here is my own opinion and not to be connected with my employer. But I am forever grateful to them for helping make this podcast a reality so please do check out our website and tokens we offer at tokens.amun.com. Thanks everyone for listening and don't forget to tune in next week where we help you to get to grips with what is going on in the Solana Ecosystem.  News Covered Today: https://tokens.amun.com/token/SOLI (SOLI Price Action) https://defillama.com/chain/Solana (Solana TVL - DefiLlama) https://www.bitcoinmarketjournal.com/top-projects-building-on-solana/ (Top Projects Building on Solana in 2022 - Bitcoin Market Journal) https://twitter.com/MarinadeFinance/status/1567903148685070336?s=20&t=LDgNw7By-OOtd6BC8JFxPw (Marinade Instant Unstaking) https://twitter.com/MarinadeFinance/status/1568305789194113024?s=20&t=LDgNw7By-OOtd6BC8JFxPw (Marinade Gauge Summary) https://twitter.com/solana_daily/status/1567479166865494025?s=20&t=LDgNw7By-OOtd6BC8JFxPw (Raydium Holders) https://blog.solend.fi/august-in-review-6b310225e6ad (Solend August 2022 Review) https://medium.com/orca-so/announcing-wave-1-of-the-whirlpools-builders-program-3a2df8a6147b (Announcing Wave 1 of the Whirlpools Builders Program! | by Orca | Orca | Sep, 2022 | Medium) https://twitter.com/CredoraPlatform/status/1568223585378107392?s=20&t=LDgNw7By-OOtd6BC8JFxPw (UXD and Credora Partnership) https://twitter.com/TulipProtocol/status/1567589010737971201?s=20&t=LDgNw7By-OOtd6BC8JFxPw (Meet Tulip in Canada) https://twitter.com/mangomarkets/status/1565589073766584320?s=20&t=eNCATn8KbksS2AQFrQbJcQ (Mango Security Audit) https://twitter.com/Aldrin_Exchange/status/1565670883225640961?s=20&t=eNCATn8KbksS2AQFrQbJcQ (Aldrin Recap) Follow Us On: http://www.amun.com (Website) https://twitter.com/Amun (Twitter) https://discord.gg/EDufcYpseD (Discord) https://t.me/AmunTokens (Telegram) (English) https://www.reddit.com/r/AmunTokens/ (Reddit) Email

Hey Solanians….. How are you? The market has pulled back a fair bit, not without reason... This is the ninth episode  of our SOLI focused segment of the Inside Crypto podcast. In this series we plan to cover the latest news regarding the constituents of our Solana Ecosystem Index. They are Serum, mSOL, Raydium and Orca. This episode was recorded on August 23rd 2022.  The first thing we will always dive into, is the price action of the week and then go through any major news items with regards to the constituents.... Today we examine the health of Solana's validators while diving into the Vybe Network powered by Serum…this and many more stories on today's episode. I have to mention that nothing in this episode constitutes financial advice. Please do your own research. Anything said here is my own opinion and not to be connected with my employer. But I am forever grateful to them for helping make this podcast a reality so please do check out our website and tokens we offer at tokens.amun.com. Thanks everyone for listening and don't forget to tune in next week where we help you to get to grips with what is going on in the Solana Ecosystem.  News Covered Today: https://tokens.amun.com/token/SOLI (SOLI Price Action) https://defillama.com/chain/Solana (Solana TVL - DefiLlama) https://solana.com/news/validator-health-report-august-2022 (Validator Health Report: August 2022) https://twitter.com/MarinadeFinance/status/1558091865190187010?s=20&t=2r0lDkil8YMoTY31qu8cjw (Marinade Liquidity Mining Update) https://marinade.finance/blog/partnership-announcement-snowflake-integrates-marinade-msol-liquid-staking/ (Marinade Snowflake Partnership) https://twitter.com/ProjectSerum/status/1557433116809216000?s=20&t=2r0lDkil8YMoTY31qu8cjw (Serum Powering Vybe) https://dex.vybenetwork.xyz/ (Vybe DEX) https://twitter.com/ProjectSerum/status/1561057980140756994?s=20&t=-EST60ujMmPtkURs7ZoCrg (Latest Serum Educational Video) https://twitter.com/RaydiumProtocol/status/1560230870937509888?s=20&t=-EST60ujMmPtkURs7ZoCrg (Raydium Rewards on Ratio) https://app.ratio.finance/dashboard/available-vaults (Ratio Finance) https://docs.raydium.io/raydium/updates/staking-history-tool (Raydium's Staking History Tool) https://twitter.com/orca_so/status/1560605910786904067?s=20&t=7cVY5aQF14ZifrXNQ_mhKw (Orca NFT Give Away) https://twitter.com/orca_so/status/1560605910786904067?s=20&t=7cVY5aQF14ZifrXNQ_mhKw (Orca Swag) Follow Us On: http://www.amun.com (Website) https://twitter.com/Amun (Twitter) https://discord.gg/EDufcYpseD (Discord) https://t.me/AmunTokens (Telegram) (English) https://www.reddit.com/r/AmunTokens/ (Reddit) Email

Hey Solanians….. How are you?  The Solana Store is open if you live in New York with some interesting benefits... This is the eighth episode  of our SOLI focused segment of the Inside Crypto podcast. In this series we plan to cover the latest news regarding the constituents of our Solana Ecosystem Index. They are Serum, mSOL, Raydium and Orca. This episode was recorded on August 5th 2022.  The first thing we will always dive into, is the price action of the week and then go through any major news items with regards to the constituents.... Serum's launching a semi-fungible token marketplace and Marinade's mid-year update…this and many more stories on today's episode. I have to mention that nothing in this episode constitutes financial advice. Please do your own research. Anything said here is my own opinion and not to be connected with my employer. But I am forever grateful to them for helping make this podcast a reality so please do check out our website and tokens we offer at tokens.amun.com. Thanks everyone for listening and don't forget to tune in next week where we help you to get to grips with what is going on in the Solana Ecosystem.  News Covered Today: https://tokens.amun.com/token/SOLI (SOLI Price Action) https://u.today/solana-sol-has-far-too-many-red-flags-seasoned-investor-says (Solana (SOL) Has 'Far Too Many Red Flags,' Seasoned Investor Says) https://marinade.finance/blog/07262022-2022-Mid-year-update/ (Marinade Mid Year Update) https://twitter.com/prinzeugen___/status/1551373686308995072?s=20&t=UvP0MLAQtJvV5Bfy0vxdRQ (Solana's Nakamoto Coefficient) https://twitter.com/ProjectSerum/status/1552353160412286977?s=20&t=IrjHMXRovGYAC4nzJbR-qQ (Serum's SFT Marketplace) https://twitter.com/ProjectSerum/status/1549955943554723841?s=20&t=MPnXWT6v0nDuMk78ikonfA (Serum Trading Competition) https://twitter.com/DuneAnalytics/status/1553025533868478464?s=20&t=IrjHMXRovGYAC4nzJbR-qQ (Raydium's Dune Competition) https://twitter.com/HubbleProtocol/status/1550421681683980288?s=20&t=IrjHMXRovGYAC4nzJbR-qQ (Yield Farming on Raydium) https://twitter.com/solanaspaces/status/1553417138102312961?s=20&t=IrjHMXRovGYAC4nzJbR-qQ (Orca at Solana Store) https://twitter.com/orca_so/status/1553032654878117888?s=20&t=IrjHMXRovGYAC4nzJbR-qQ (Orca Star Atlas AMA) Follow Us On: http://www.amun.com (Website) https://twitter.com/Amun (Twitter) https://discord.gg/EDufcYpseD (Discord) https://t.me/AmunTokens (Telegram) (English) https://www.reddit.com/r/AmunTokens/ (Reddit) Email https://dune.com/21shares_research/solana-hack (Solana Hack Dune Dashboard)

Hey Solanians….. How are you?  Things were looking so positive as we headed into the weekend last week but I'm just not sure today... This is the seventh episode  of our SOLI focused segment of the Inside Crypto podcast. In this series we plan to cover the latest news regarding the constituents of our Solana Ecosystem Index. They are Serum, mSOL, Raydium and Orca. This episode was recorded on July 12th 2022.  The first thing we will always dive into, is the price action of the week and then go through any major news items with regards to the constituents.... There's a lot of dev activity going on this summer and we get to dive into Serum's Dune dashboard…this and many more stories on today's episode. I have to mention that nothing in this episode constitutes financial advice. Please do your own research. Anything said here is my own opinion and not to be connected with my employer. But I am forever grateful to them for helping make this podcast a reality so please do check out our website and tokens we offer at tokens.amun.com. Thanks everyone for listening and don't forget to tune in next week where we help you to get to grips with what is going on in the Solana Ecosystem.  News Covered Today: https://tokens.amun.com/token/SOLI (SOLI Price Action) https://twitter.com/ASvanevik/status/1543634759716200448?s=20&t=FOOz5dxm3Nyl16vYkOG7Bg (Solana NFTs) https://medium.com/amun-tokens/amun-ecosystem-index-methodology-v2-3026098d05af (Amun Index Methodology V2) https://twitter.com/MarinadeFinance/status/1546334915251298304?s=20&t=Y3ICXK_e-ji8XY4vD3n5Xg (Marinade Weekly Recap) https://twitter.com/MarinadeFinance/status/1546336505219670016?s=20&t=Y3ICXK_e-ji8XY4vD3n5Xg (Marinade's Ambassador) https://twitter.com/ProjectSerum/status/1543603990667173891?s=20&t=kcbFhSJjKqtl01nFfH_O9w (Serum's Whiteboard Video) https://twitter.com/ProjectSerum/status/1544042676177305602?s=20&t=Y3ICXK_e-ji8XY4vD3n5Xg (Serum's Dune Dashboard) https://twitter.com/Shamik04660398/status/1542728552977686529?s=20&t=lSKpmBUkkjqO4hNRnnKloA (Stepn More Active Than Raydium) https://twitter.com/RaydiumProtocol/status/1544996411271286784 (Raydium Ecosystem Farms) https://twitter.com/orca_so/status/1546447919087230976?s=20&t=lSKpmBUkkjqO4hNRnnKloA (Solana Summer Camp) https://medium.com/orca-so/highlights-from-orca-governance-call-1-4d8e52e50f22 (Orca Governance Call Highlights) Follow Us On: http://www.amun.com (Website) https://twitter.com/Amun (Twitter) https://discord.gg/EDufcYpseD (Discord) https://t.me/AmunTokens (Telegram) (English) https://www.reddit.com/r/AmunTokens/ (Reddit) Email

Hey Solanians….. How are you? The markets are looking a little green but that always makes me suspicious since we've seen that before... This is the sixth episode  of our SOLI focused segment of the Inside Crypto podcast. In this series we plan to cover the latest news regarding the constituents of our Solana Ecosystem Index. They are Serum, mSOL, Raydium and Solend and Orca. This episode was recorded on June 23rd 2022.  The first thing we will always dive into, is the price action of the week and then go through any major news items with regards to the constituents.... Solend has been dominating everything Solana related this past week but don't worry we have lots more to talk about…  I have to mention that nothing in this episode constitutes financial advice. Please do your own research. Anything said here is my own opinion and not to be connected with my employer. But I am forever grateful to them for helping make this podcast a reality so please do check out our website and tokens we offer at tokens.amun.com. Thanks everyone for listening and don't forget to tune in next week where we help you to get to grips with what is going on in the Solana Ecosystem.  News Covered Today: https://tokens.amun.com/token/SOLI (SOLI Price Action) https://medium.com/marinade-finance/introducing-the-next-chapter-for-the-marinade-community-d47bc80629e6 (Marinade Community Manager) https://twitter.com/MarinadeFinance/status/1537437589925507072?s=20&t=SOerPXcByFLctXQ4ExG0uQ (Marinade Explainer) https://mirror.xyz/0x1254ac8EB55678cFbcb4047488385B9D27776Ff3/wpGiIM0czn4NpdsiusGP6sR6waRwiYDhm6OboDGMR3c (PsyFinance x Serum Vault Rewards Program — PsyDO) https://www.psyfi.io (PsyFinance) https://raydium.io (Raydium) https://v1.raydium.io/acceleRaytor/ (Raydium AcceleRaytor) https://www.figma.com/community/file/1121222959383851720 (Orca Figma Style Guide) https://tokenterminal.com/terminal/projects/orca (Orca Available On Token Terminal) https://www.coindesk.com/tech/2022/06/21/solend-says-whale-at-center-of-solana-defi-controversy-starts-moving-funds/ (Solend Says Investor at Center of Solana DeFi Controversy Started to Move Funds) Follow Us On: http://www.amun.com (Website) https://twitter.com/Amun (Twitter) https://discord.gg/EDufcYpseD (Discord) https://t.me/AmunTokens (Telegram) (English) https://www.reddit.com/r/AmunTokens/ (Reddit) Email

Ben Chow (Jupiter Exchange Co-Founder) joins The Zeitgeist to discuss Jupiter's role in the Solana ecosystem powering swap infrastructure.Show Notes0:44 - Intro / Background05:04 - How does Jupiter work?08:44 - Jupiter integration in Phantom13:26 - Keeping up with the new liquidity innovations15:47 - What's the process of Jupiter Integration21:18 - Who is using Jupiter?24:44 - The Growing Solana Ecosystem26:04 - What is the vision for Jupiter?28:44 - Favorite Builders in the space32:28 - Contact infoReferencesSaberOrcaRaydiumFriktionTranscriptBrian (00:06):Hey everyone, and welcome to the Zeitgeist, the show where we highlight founders, developers and designers who are pushing the Web3 space forward. I'm Brian Friel, developer relations at Phantom, and I'm super excited to introduce Ben Chow. Ben is the co-founder of Jupiter, the largest decentralized exchange aggregator on Solana, powering tens of millions of dollars in swaps every day. Ben, welcome to the show.Ben (00:30):Thank you for having me. I'm super excited to be here.Brian (00:33):Thanks for coming on. And so we have a lot to cover today, including an exciting announcement between Phantom and Jupiter. But before that, could you give us a brief overview of who you are and how you came to be involved with Jupiter?Ben (00:44):Sure, yeah. So hi everyone, my name is Ben. I'm one of the co-founders of Jupiter. I became involved in Jupiter actually through a few good friends of mine, Megan and Shawn. Probably unlike many people, I am relatively new to crypto, although at this point in time, I feel like an ancient person. The world moves. I think I've gone through a couple of cycles and a few different crypto projects, so it's been an amazing roller coaster ride of sorts.Ben (01:13):But as for my background, I'm a ex-IDEO product designer and longtime serial entrepreneur and startup founder. I've worked in a number of fields to be honest. Probably the most successful ones was that I was actually an early social gaming pioneer. I helped build a social gaming startup that was True Venture backed and later got acquired by Disney played him in a roll up.Ben (01:37):More recently, before Jupiter I was the co-founder CEO of a top 100 social app on the iOS store, and I also happen to have several patents and a lot of work in the medical product space. Probably the coolest one was I did an augmented reality surgical navigation system for cataract surgeons that we took to market, which was very cool.Ben (02:03):I would say the core team on Jupiter is pretty experienced. Megan and Shawn are probably the OG DeFi folks. They were a founding team or strategic advisor to InstadApp, RAPBTC, Kyber, Blockfolio, and a number of others. And I feel grateful and fortunate that they looped me in when they were thinking about building on Solana. So we're a pretty veteran team. We've all done a number of companies, a number of products. I feel very thankful that Solana is both an incredible ecosystem to build on, and this is an incredible time to be a builder. There's just so much value you can give because we're all super early, but also everyone is really smart, very talented, really great to work with. So it's just been an amazing time.Brian (02:53):So you have this wealth of startup experience across a ton of different domains. Was Solana your first blockchain ecosystem that you really sunk your teeth into and got involved with?Ben (03:03):Yes. Solana actually is my first. I don't have the stories that people have about Ethereum or Binance, and I don't have as much background in those. I really only know Solana very well. At the same time, I've also had to come up to speed on DeFi and crypto in general. So I have this really interesting depth of knowledge in a certain area, but not as much broad experience. Like when people talk about 2017 and the crypto winter, I didn't have those kind of experiences. I can talk shop now a little bit more around aggregation indexes, concentrated liquidity, derivatives, perpetuals, all sorts of stuff. I think one of the things that attracts me to crypto is that for any of the things I've always done, I just love to deep dive into a problem domain and learn as much as I can. And crypto is like this endless deep well of things you can learn.Brian (04:02):Yeah, the rabbit hole.Ben (04:04):Yeah. Literally, probably the deepest rabbit hole I've ever been in. And I've been in several. Doing surgical navigation systems are like this combination of understanding the business model, the user experience, the biomedical, the biophysical, every single layer of it is needed to really do something very interesting and cool. And the same can be said even more so with crypto.Brian (04:33):No, I agree a hundred percent. It's an endless learning experience. And so you mentioned your background. Back in the day you were at IDEO as a product designer. Most people, I would say, know Jupiter today because of the website you guys host at jup.ag. You guys have a really slick few clicks and you're swapping the best rate between different tokens on Solana. But you guys also offer a couple other ways to interface with Jupiter. Can you speak a little bit to how Jupiter works under the hood and how both users and developers can interact with what you guys have built?Ben (05:04):So we have an SDK and a API, and our vision for how we see Jupiter and how it relates to the rest of the ecosystem is that we want to be the swap infrastructure for all of Solana. And the single place that any project developer or user can easily access all of the liquidity and discover the best price trades for any token that they want to trade on in Solana. What that means is that if you're a developer... And I would say one reason why we've gotten a huge traction on developers building on top of Jupiter is that we make it really easy to do not only trades, but arbitrage trading. So if you're using our API, it's actually one of the easiest things you can do because it's language platform agnostic. It's literally one REST API call to get the best price routes, and then another API call to also get the transaction objects you need to send to actually do the swap.Ben (06:12):On the SDK side, it's a little bit more involved, but it's about three or four steps. You just have to load up the library and then put in your trade that you want and compute the routes. Right now, computing all the routes is done off chain and offline, and the reason for that is that we integrate currently 15 DEXs on Solana. And what that means is, basically we connect and route every single market there is on Solana. So you can think of all of Solana's liquidity as one big virtual DEX, and we have to create the routes for all that. That means that there's tons of routes, thousands and thousands of routes. And calculating the best price between all of them is actually computationally expensive and something that is very very hard to do on-chain. And so that is done in our SDK off-chain, and our API also leverages our SDK. So whenever we make improvements to our SDK, our API automatically gets them.Ben (07:13):There's a lot of work that happens on a daily basis. One, to optimize the routing algorithm, to make it more performant. Because as you can imagine, anytime you increase the number of tokens, and there are thousands of tokens on Solana, anytime there's new liquidity sources for those tokens, the complexity grows exponentially. So the number of permutations and combinations of routes grows ever greater, and calculating them in a way that's very fast for users. In some ways, a lot of market opportunities and best price routes don't live very long, right? So the route itself could be best price for only a block or a couple blocks before someone else snatches it. You want to be able to calculate these things very, very quickly. And so we do a lot of work optimizing the computation for it, and then also there's a lot of infrastructure work for anyone using the API to be able to make sure that it scales and is performant for all the people who are using the API.Brian (08:21):So I'd love to dig in more of the details, but before we do, we do have an exciting announcement to bring up today. And that is at the time that this show is being recorded, Phantom is set to release its brand new in-app swapper that's powered by Jupiter. We're super excited about this because it opens up a huge wide range of new markets and gives our users the best possible price across all pairs they're interested in trading. Can you guys speak a little bit to this integration and what this means for DeFi on Solana?Ben (08:48):So basically I think along with our mission, what it means to be a swap infrastructure, is that there's actually just a lot of work to make all this liquidity and any token available for anyone. What we want to do is make it easy for any project or any wallet to access this liquidity as simply and as seamlessly and as easy as possible. And that is so you can support the rich number of use cases there are for swaps, which could be streaming payments, being able to, if you're streaming a token that the recipient can receive the token in the token of their choice at the best rate possible. This is like purchasing NFTs, being able to purchase NFTs with any token, not just SOL or whatever the collections token is.Ben (09:35):If you don't have those things to be able to do that easily, simply in one click to power payments... So Solana payments, we work with MtnPay to help facilitate that. So you can purchase anything with any token that you have, not just USDC, but the person the recipient can receive in the token that they want, whether it's USDC or SOL or whatever, but someone can pay with the token that they want. So facilitating these interactions, that means that the simple thing that most developers do is they connect with one DEX, right? But that DEX may not have the best rates. That DEX may not have all the tokens.Ben (10:15):So a lot of tokens don't launch on every DEX. They launch on, it could be a Serum market or, or maybe a Raydium permissionless pool. And so being able to look at where the liquidity is, where the rates are, and make sure that people can easily access that with one API call or using our SDK is really important. And again, as Solana grows, as the number of tokens grow, as the number of projects come along, as a new markets come online, this stuff gets harder and harder, and more so because the latest DEXs that are coming online are actually much more complicated than the constant product AMMs that Solana first launched with.Ben (11:00):So we're seeing concentrated liquidity market makers, we're seeing proactive market makers, which are using Pyth or other price oracles to enable their market making. These things are very complicated to deal with and to integrate on top of them, but the reason to use them is that they offer amazing prices. So LIFINITY is one of the DEXs that we integrate with, along with Crema and Orca whirlpools, and their ability to give you competitive great prices for some of the popular token swaps is amazing.Ben (11:38):Because they have a lot more dependencies and they're a little bit more complicated, there are issues and there are corner cases to deal with. For example, because LIFINITY relies on a price oracle, in times of congestion that oracle could get behind and not be updated, and thus their ability to market make is hampered. Along with that, since everything is really early, we're usually the first people to work with anyone's SDK. It's usually in the early stages, and so doing things like having a really nice way to handle these errors and surface them to users where it makes sense to them, like, "Why is this something happening?" is an important job, and we're generally becoming sort of the interface between integrators and DEXs in terms of helping people like troubleshoot where bugs are in order to provide the best user experience for the end user.Brian (12:38):No, I think that user experience is everything at the end of the day, and that's why we're super excited about this integration. I remember a time on Solana when it was so simple, I could just open up maybe Saber, Orca, Raydium, a few other DEXs and have them all on one screen, and I could just compare different prices. But as you said, there's been a complete Cambrian explosion in different markets and different types of markets. And so you guys are doing great work to normalize that and make that a great user experience for everybody.Brian (13:05):Just real quick. You hit on a couple different types of these types of markets. AMMs, the classic example, and then there's concentrated liquidity, Orca's whirlpools have been a huge success recently. Solana's also unique in that we have central limit order books on chain, Serum. And then there's this concept also of professional market makers giving liquidity. Is there any other types of liquidity that you guys are aggregating, and how are you keeping up with these new innovations that are happening?Ben (13:31):There are a lot of interesting things going on. Probably the next set of integrations that will be more interesting for folks is that we are starting to integrate directly with minting and staking programs and not just liquidity pools. And the benefit there for folks is that normally these routes will have either no to very low slippage. So if you wanted to, for example, go from SOL to mSOL and you wanted to convert a million dollars worth of it, usually if it's in a pool, there's a great deal of slippage. But with these direct minting routes, there's almost none. Also, a lot of these minting, staking routes will have zero to low fees as well, because you're working directly with the protocol itself and there's no need to... A lot of times the fees are an incentive for LPs to deposit their liquidity and give them some incentive. If you're talking directly to the protocol itself, there's no need to take fees per se. So they could be zero to low things. So there's some really cool advantages.Brian (14:47):And you guys don't add a fee also, correct? You guys don't add a fee any of your trades.Ben (14:52):We also take zero fees, yes. We take a very long term view with Solana. We think it's super early. We want to grow the volumes in Solana. We want to grow Solana itself as well. And also we're very focused on making sure we deliver the absolute best price swaps to you, and charging a fee on top of DEX fees is not in our interest. We're not really here to extract value, more to give value to end users, developers and anyone that we work with.Brian (15:25):I think we're very aligned on the long term vision and the potential of Solana there. So what is the ultimate process like for integrating these new markets? I imagine, given the scale of your guys' infrastructure, it must be a fairly manual process to review these and normalize different markets. Is there a plan at all to make this in a way in the future where this could be a semi-permissionless thing, where people can add their own markets to Jupiter, or how complex is that integration today?Ben (15:52):For the most part, we've automated everything. So it's really not possible to manually check everything. If there's liquidity on Solana and a token in the token registry, we have it listed on Jupiter within minutes. And that's because we built out the infrastructure to automate everything as much as possible. So for instance, what that means is that for any DEX we aggregate with, we ask if they can provide an API on their markets that they are adding or removing. But because it's early days, not everyone has an API, so we have to do very interesting things, like if it's an open source SDK that the DEX has, we'll crawl the GitHub repo to see what markets they've added to the SDK. Whatever we can do to automate, we have done.Ben (16:39):Part of the promise that we have for Jupiter is the best token selection. So that means if there's some hot token that launches anywhere on Solana, that we've a DEX that we've integrated, we want you to be able to trade it instantly. And that's reason why any project can integrate with us. So if you integrate with us and you're a wallet and all of a sudden, some token blows up, you know that if you're using Jupiter, we've got it, and we've got the best price trades for it. There's a lot of infra work that happens on a daily basis. And again, I don't think anyone should have to replicate this work. So the goal for us to be infrastructure is that, look, you shouldn't have to worry about new tokens. You shouldn't have to worry about performance on routing or where the best price is, or what these dependencies and errors are from these DEXs.Ben (17:34):If you use Jupiter, our goal is to abstract away a lot of these things. So for you, it's just, "Okay, I want to trade this token. Give me the best route. Let me trade it." Now, we're still early. So I would say there's a lot of work to be done, again, not just on our part in our SDK, but for us as an interface to other DEXs and helping them discover what their bugs are, helping them have the right way of surfacing those errors to users in a way that makes sense to them. And then maybe giving users and integrators a choice of what kind of things that they prefer.Ben (18:15):For example, we've been learning that not everyone cares about best price. There are some people that are more like, "Look, I don't need best price. What I would like is like a route that would fail less often." So for example, Serum's liquidity being an essential limit order book is not very predictable compared to an AMM, right? So if you have tight slippage settings, as a trader, your trades may fail more often, whereas you'd really just want to make the trade. And so some folks may be like, "Well, if the best price is on Serum, I'd be okay with maybe not the best price if it's on a constant product AMM or something that I know if I do the trade, it's more likely to succeed." If you're one of those traders, we want to give you that option.Brian (19:07):Yeah, that's great. You know, you've hit on a lot here. One, just being the sheer complexity of what you guys do, given that just the exponential number of new routes that are coming online. You guys also, I believe you allow for multi hops between different routes, right? So it's not just, if I want to go SOL to USDC, I have to go find that pair. You can find an intermediary, same mSOL and then go to USDC. Is that right?Ben (19:30):Yes. So we support multi hop routes. Right now, it is up to two hops. And the benefit there is that one, if there's no direct market, you will still be able to swap between the tokens that you want in one transaction. So you don't have to do it manually in two or more. The other benefit is that it just so happens that you get the best prices by hopping through an intermediary. Because in Solana, the gas fees are so low, hopping through markets is very cheap. And a lot of markets that are either highly volatile or have some price inefficiencies allow you to route through them in order to get more token, really.Ben (20:18):Part of the complexity is actually just finding all these routes. So if you move to two hops, now the number of permutations is even more. And I would say, actually, one of the things that we're working on as a future roadmap item is actually to go beyond two hops. So more than two, say three hops. That's going to allow anyone to access even better price savings and, of course, increase the computation load. But what we're finding ways to optimize on that.Brian (20:48):So you guys have a wide range of users who are using this product. You hit a lot on the users who want the best price. This is probably your everyday retail trader like you or I who just wants to swap between different tokens. You also hit on the trader that just wants to be able to fail less. I imagine you have professional traders looking potentially to arbitrage via Jupiter. And then you also have this incredible SDK. I saw you guys recently announced you have over 42,000 downloads on this thing. Can you speak a little bit to who has been integrating these SDKs? Are these power users? Are these other dApps on Solana? And who is your kind of ideal consumer for these developer tools that you're building?Ben (21:26):So actually since that announcement, we're now at over 52,000 downloads.Brian (21:33):Two announcements on this podcast. I love it, breaking 50k.Ben (21:36):Yeah. So, you know the surprising thing, I mean, we have a lot of different folks who use us. I know of VCs who are using Jupiter to use them for arbitrage trading or playing with arbitrage trading. But the most surprising one is actually new developers, literally developers who are new to developing, and they are new to developing on Solana. And I know this because we spend a good deal of time supporting them and trying to help them out. We've lowered the bar for people who are interested in arbitrage trading. And so now it's just easier for, for folks to get more involved and actually learn to code. People are learning to code, so that's been a surprising thing to see. And there's nothing like free money really to draw people to learn to code.Brian (22:32):Right, to incentivize a new skill.Ben (22:34):Yeah. For us, we want to support anyone who wants to use Jupiter. And probably the more interesting ones are projects that have really interesting use cases. Obviously wallets are an amazing use case for us because you're at a really incredible touchpoint, a very close touchpoint with users. We're really excited about payments. I think while payments is early, it's got a huge potential. And letting anyone buy anything with any token is just super cool. And it doesn't have to be payments. It could be anything. I mentioned NFTs before, but we have a few projects that are doing stuff to make it easier to deposit into vaults. So Friktion uses us because a lot of their vaults take one type of asset, but the user may not have that asset. So why should they come to Jupiter swap, go back to that thing?Ben (23:31):By integrating us, their user gets to stay more on that site. It's fewer clicks, it's a quicker transaction. And because they're using Jupiter, and we want to make Jupiter work for our partners, we allow any partner to easily add their own sort of platform fee so that swaps can be a revenue source for them. And so actually, Friktion, I think they've done a good bit of volume just by adding Jupiter and having that as a revenue source. And there's a few others too. Like some DeFi Land was an early launch partner with us. So if you're swapping anything in their game, you're using Jupiter. We're starting to see some more interesting things come out of this.Brian (24:15):Yeah, I think this highlights two interesting things about Solana in particular. One, the composable nature, obviously. If you're doing something in Friktion with your portfolio management or you're playing a game with DeFi, it's as easy as just adding another instruction essentially, to swap into Jupiter. But then you also hit on another piece that I think doesn't get highlighted enough. This dovetails nicely with your story, that there's a lot of folks who Solana is their first experience at all in crypto, or as you highlighted, maybe ever even coding, which is, I think a really neat opportunity, bringing in new people with new perspectives on what this technology can do. It's pretty great.Ben (24:52):I really see Solana as the practical blockchain, right? It's the one that's going to be accessible for most retail users because it's cheap and fast, but also it's just got a great developer ecosystem of people building games and NFTs that are also just as accessible to the non-crypto enthusiast person. They're like, "Oh, I just want to play a cool game." Or, "I really love this NFT project," or something, "This collection." And to be able to do it with this great, fast, user experience, I feel like it's a hallmark of Solana. It's less about theoretical white papers and more about, "How can I build this great experience for someone to be able to engage with crypto in some way?"Brian (25:40):Yeah. Practical and also building something that users actually love and they enjoy using. So we've hit on a lot today. You guys are integrated across tons of different dApps. You have professional traders using you guys, VCs using you guys. Now with Phantom, we're making this super easy for anybody to swap an extension or on mobile on their phone, get the best price. What is the ultimate vision in your mind for Jupiter? Is this something that will always remain an aggregator, and is cross-chain something that would ever be on the horizon for you guys?Ben (26:13):Good question. A lot of people ask us this question. Currently, we work with some great partners to support the cross-chain use case. I'm not going to rule out cross-chain. There's definitely ways to do it. We're, I would say, a pretty lean team by choice. We just have really good people and I don't think anyone really wants to scale this into a big company with middle managers or anything. We just really like working with good people who are awesome at a lot of things and just moving fast. And because of that, the things that I think give us pause about cross-chain, at least for me, and this is something that we think about a lot is how to execute well on these things.Ben (26:56):And beyond the tech, the bigger thing to really tackle if you're going to do, cross-chain or multi-chain is how do you build a community on all these different chains, and without scaling to huge sizes? And so that's one reason why I think we work with partners, because it allows us to focus on what we do really well, and it allows us to focus and invest in the Solana ecosystem and the users and the community in Solana. We've got an amazing community, and it's because we spent time with them, and we invest in them, and try to give value to them. And I know the other ecosystems and communities on the other chains are very different. And so I don't know if we have yet a model for how to be very successful in those other chains and staying, operating the way we are currently operating.Ben (27:49):It doesn't preclude us from... It could be we figure out something, some way that really works for us and go after it. But for right now, we've got some great partners and we'd rather work with them. And that allows us to focus. I can't say this enough. I think great teams focus, because there's a lot of attractive, shiny new opportunities out there. And what would it be if we weren't relentless in our focus to give best price swaps for people, to make sure that we're always integrating to make sure that we're always improving the performance, to make sure that we're solving these issues. If we went off and chased after some shiny new thing, we really wouldn't be infrastructure. There's a lot of projects and users who depend on us. And so we want to make sure we can continue to deliver on that promise.Brian (28:38):Well, I think you guys have done an incredible job so far delivering on that promise. I know you guys are very highly respected in the Solana ecosystem, which brings us here to our final question we ask all our guests. Who is a builder that you admire in the Solana ecosystem?Ben (28:53):Besides you guys? Can I plug you guys? I mean, look, I'm going to plug you guys because, look. We're big fans of Phantom. I'll give another one, but I do want to say, I'm really personally very excited about our integration and work together. I think you guys have built by far one of the simplest and best wallet experiences out there. One reason why I'm really excited about our partnership is that I think you guys have taken that same simplicity and applied it to Jupiter and our integration, so not only do your users get the power and benefits of Jupiter's ability to get you the best priced token trades, but in a really simple interface that is very accessible for people who are not crypto natives, who don't know what slippage is, who don't know what price impact is, who, who don't know about the various DEXs or how these things work. And what they really want is just to be able to trade from one token that they have to something they heard is pretty awesome or they're really interested in.Ben (29:57):So I'm really excited personally for this integration. That said, separately, I will give a shout out to some other folks we really respect as builders. We're big fans of Friktion. I love their vibe as builders. And the new thing for me being in crypto is how important vibe is. So I don't think I've ever said that in any other industry or any other thing ever, but some of our best partners are just people that we vibe with. We get along. We share values around building. We share values and how we think about things. And it's funny to say these things here, but it makes so much sense now. And I feel one reason why I enjoy working in this space so much is that I never used to think about, do I share values with a partner?Ben (30:49):It's just more like, "Hey, is this valuable to you? Am I valuable? Are you valuable to me? Okay, let's do something." But now it's not just about are you doing something where there's mutual benefit, but do we share the same long term value? And a lot of this is mainly around, are you looking to extract value from the ecosystem? Are you looking to build value, give value to others and just build and ship? So I think Friktion is a great one.Ben (31:18):I've been also a fan of the Orca team for a long time. Also recently, we had STEPN on as an AMA and got to deep dive with Jan, one of the co-founders and have huge respect for that team and their journey as builders. For those who don't know those guys STEPN came about because they failed to raise funding. It was a bad time in the market for them, and so they had the ship. That was it. That was the answer. We can't raise money, so we got to build. We don't have enough time or resources to build a full game. Let's build this simpler thing.Brian (31:58):Yeah, the focus there.Ben (31:59):That focus and that urgency of shipping and building is great, is really, really great. And so I have huge respect for that.Brian (32:09):Well, you mentioned a bunch of great teams there. I know the feeling is mutual on Phantom's side, both between you guys and also you hit on Friktion, on STEPN, and Orca, many others as well, too many to list in this ecosystem. But yeah, the long term alignment, the focus, I think these are all great things that we believe in a hundred percent. Ben, this was a fantastic discussion. Thanks so much for coming on the show. We'd love to have you on again some time. Maybe we can check in on how the swapper's doing. In the meantime, how can people get in touch with Jupiter and how can they learn more about what you guys are building?Ben (32:38):Yeah, you can follow us on Twitter. So we're @JupiterExchange. I highly recommend anyone to join our Discord and our community there. We've got a fantastic community. You can join through discord.jup, jup.ag. Usually our community has the first look on any new announcement or any new cool thing that we have. We also are very, very responsive. The team is listening and responding all the time, both to developer and users. And a lot of the things that you see on Jupiter today came from the community, and a lot of the partnerships also came from the community. So we listen very closely and we also have good discussions with folks. And so if you get involved, you will have a very strong voice in where the future of Jupiter goes. So really encourage people to join the community.Brian (33:33):I love that. That's a great way to end it. Thanks so much, Ben.Ben (33:36):Sure. Thank you.

Hey Solanians….. How are you? The markets haven't moved a lot post-crash. It definitely seems like the long crypto “winter” is about to set in. This is the fifth episode  of our SOLI focused segment of the Inside Crypto podcast. In this series we plan to cover the latest news regarding the constituents of our Solana Ecosystem Index. They are Serum, mSOL, Raydium and Solend. This episode was recorded on May 24th 2022.  The first thing we will always dive into, is the price action of the week and then go through any major news items with regards to the constituents. Solend launches a Stepn vault and Marinade launches their gauges dashboard... These stories and more on today's episode.  I have to mention that nothing in this episode constitutes financial advice. Please do your own research. Anything said here is my own opinion and not to be connected with my employer. But I am forever grateful to them for helping make this podcast a reality so please do check out our website and tokens we offer at tokens.amun.com. Thanks everyone for listening and don't forget to tune in next week where we help you to get to grips with what is going on in the Solana Ecosystem.  News Covered Today: https://tokens.amun.com/token/SOLI (SOLI Price Action) https://www.web3wire.news/post/marinade-introduces-validator-gauges?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com (Marinade Introduces Validator Gauges) https://tribeca.so/gov/mnde/nftgauges/validator/all (Marinade | All Validator Gauges) https://twitter.com/MarinadeFinance/status/1528530170310713344?s=20&t=mfbPFgjB5L-rn-TujHmXCQ (Marinade Updates) https://twitter.com/solflare_wallet/status/1526956757800583168?s=20&t=mfbPFgjB5L-rn-TujHmXCQ (RAY notifications on Solflare) https://app.ratio.finance/dashboard/available-vaults (Who is Ratio Finance?) https://twitter.com/ProjectSerum/status/1527929706783264769 (Serum Weekly Update) https://medium.com/serum-stories/serum-and-burnt-finance-9e3002664cb5 (Serum and Burnt Finance) https://twitter.com/LiftMarkets/status/1528646697261449217?s=20&t=mfbPFgjB5L-rn-TujHmXCQ (Solend has a Stepn Vault) https://www.shadows.link/#/ (Shadows Network) Follow Us On: http://www.amun.com (Website) https://twitter.com/Amun (Twitter) https://discord.gg/EDufcYpseD (Discord) https://t.me/AmunTokens (Telegram) (English) https://www.reddit.com/r/AmunTokens/ (Reddit) Email

Hello my friends around the world! This week we have a biiiig show in store for you. Raydium is in the guest mix slinging beats, and your usual resident madness is going down with Bad Syntax! Lock it in, and lets rock out. The weekend is here!Nemean - Shatter the Void EP is out now!Check it out here: https://abductedltd.fanlink.to/shatterthevoidLike what you hear? Drop a donation at https://streamlabs.com/badsyntaxdnbSubscribe to the podcast: bestdrumandbass.podlink.to/podcastTracklist and more info: https://www.bestdrumandbass.com/podcast384/ See acast.com/privacy for privacy and opt-out information.

Hey Solanians….. How are you? Elon Musk buying Twitter, Indonesia banning exports of Palm oil and continuous lockdowns in China. So much affecting Cefi and Defi. This is the fourth episode  of our SOLI focused segment of the Inside Crypto podcast. In this series we plan to cover the latest news regarding the constituents of our Solana Ecosystem Index (SOLI). They are mSOL, Serum, Raydium, Tulip, Fabric, Solend and the UXP Governance Token. This episode was recorded on April 26th 2022.  The first thing we will always dive into, is the price action of the week and then go through any major news items with regards to the constituents. Hawksight launching on Acceleraytor, Solend going down the Aave path and Squads Protocol... These stories and more on today's episode.  I have to mention that nothing in this episode constitutes financial advice. Please do your own research. Anything said here is my own opinion and not to be connected with my employer. But I am forever grateful to them for helping make this podcast a reality so please do check out our website and tokens we offer at tokens.amun.com. Thanks everyone for listening and don't forget to tune in next week where we help you to get to grips with what is going on in the Solana Ecosystem.  News Covered Today: https://tokens.amun.com/token/SOLI (SOLI Price Action) https://forum.marinade.finance/t/mdao-proposal-unstake-issue-compensation/156/20 (mSOL Unstake Issue Compensation) https://hawksight.co/#/ (Hawksight) https://twitter.com/ProjectSerum/status/1517594104703553537?s=20&t=hbjSFQRahwjC42HFZ5F17A (This Week in Serum) https://tulip.garden/vaults (Auto Vaults) https://uxdprotocol.medium.com/fdv-a-tale-of-two-minds-cd417c444882 (Fully Diluted Valuation) https://www.web3wire.news/post/project-insight-solend-the-interest-rate-machine-on-solana?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com (Project Insight: Solend - The Interest Rate Machine on Solana) https://twitter.com/official_fabric (Fabric

Hey Solanians….. How's the end of your week going? Sorry for the switcheroo this week. I had to interview my coworker Jason before he left for the big conference in Miami. This is the third episode  of our SOLI focused segment of the Inside Crypto podcast. In this series we plan to cover the latest news regarding the constituents of our Solana Ecosystem Index. They are mSOL, Serum, Raydium, Tulip, Fabric, Solend and the UXP Governance Token. This episode was recorded on April 7th 2022.  The first thing we will always dive into, is the price action of the week and then go through any major news items with regards to the constituents. Marinade's NFTs have launched, Nirvana Finance launching on Raydium, UXP and Fabric join SOLI... These stories and more on today's episode.  I have to mention that nothing in this episode constitutes financial advice. Please do your own research. Anything said here is my own opinion and not to be connected with my employer. But I am forever grateful to them for helping make this podcast a reality so please do check out our website and tokens we offer at tokens.amun.com. Thanks everyone for listening and don't forget to tune in next week where we help you to get to grips with what is going on in the Solana Ecosystem.  News Covered Today: https://tokens.amun.com/token/SOLI (SOLI Price Action) https://twitter.com/MarinadeFinance/status/1511400659538657281?s=20&t=gmnG6bHCU2CDZpiBWCsg-A (Lending and Leveraged Trading of mSOL) https://raydium.medium.com/nirvana-is-launching-on-acceleraytor-6661c7b71e99 (Nirvana Launching on Acceleraytor) https://serumecosystem.xyz/introducing-serum-nft-ecosystem/ (Serum NFT Ecosystem) https://twitter.com/TulipProtocol/status/1509836889192341506?s=20&t=gmnG6bHCU2CDZpiBWCsg-A (Tulip is Buying Back) https://uxd.fi/ (What is UXD Protocol?) https://twitter.com/solendprotocol/status/1511872449545080835?s=20&t=gmnG6bHCU2CDZpiBWCsg-A (Solend has the highest UXD yields) https://www.web3wire.news/post/fabric-launches-zap-powered-by-jupiter-and-raydium?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com (Fabric Launches ZAP Powered by Jupiter and Raydium) Follow Us On: http://www.amun.com (Website) https://twitter.com/Amun (Twitter) https://discord.gg/EDufcYpseD (Discord) https://t.me/AmunTokens (Telegram) (English) https://www.reddit.com/r/AmunTokens/ (Reddit) Email

Tristan Frizza is the Co-Founder & CEO of Zeta Markets, an under-collateralized DeFi derivatives platform, powered by Solana and Serum. Matty Taylor (Head of Growth at Solana Labs) guest hosts.00:26 - Origin Story03:08 - Winning the Solana Hackathon05:59 - What is Zeta?08:49 - What's appealing about options?11:17 - Why is Zeta more successful than other options projects?16:44 - Using open-source primitives vs. building20:15 - The front-end24:22 - Mobile user experience28:49 - Rapid Fire Questions: Anonymous Crypto teams30:21 - Rapid Fire Questions: The Metaverse31:18 - Rapid Fire Questions: Insurance in DeFi34:40 - Rapid Fire Questions: Singapore36:12 - Rapid Fire Questions: Sleep38:27 - Rapid Fire Questions: Solana DISCLAIMERThe information on this podcast is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose.The information contained in or provided from or through this podcast is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice.The information on this podcast is general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this podcast without undertaking independent due diligence and consultation with a professional broker or financial advisor. Matty (00:09):Hey everyone. Welcome back to the Solana Podcast. My name is Matty. I'm the head of growth at Solana Labs. I'll be guest hosting today and we have a special guest Tristan from Zeta. So welcome.Tristan (00:20):Thanks for having me on Matty.Matty (00:22):It would be great to know just a little bit about yourself and maybe how you started your crypto journey.Tristan (00:27):Yeah, absolutely. I can give you the long and the short of it. So I think I started getting into crypto back in the day, probably in 2017 when I think a lot of people got into it during the last ball run. And that was mostly just speculate on coins, looking what was going on in the ecosystem. DeFi didn't really exist yet at that point. And I feel like a lot of people were still grasping at what is the real use case of crypto at the moment, other than this buying these coins and seeing the moon. Didn't feel like there was a real kind of engineering need for it or some kind of real product market fit. And so that's kind of why I tape it off a little bit after a year in that space, just kind of checking the things out.I went back finished my degree, actually ended up doing a bunch of courses in distributed systems and computing, because I started getting interested in the whole blockchain side of things from the engineering standpoint, it was like creating your own coding up your own proof of work blockchain, which I thought was really cool and just understanding the fundamentals of Bitcoin. And then I think over the years I took a bit of a breather on it. I unfortunately missed DeFi summer, which I was pretty firm about. And then coming back to it, I'd been hearing so much about smart contract programming, what you can build in this kind of new DeFi Boom and what was going on there. And so, I came back into the space after having worked for roughly like two years as a data scientist, kind of in the Bay Area.I think I was a little bit tired of the remote work kind of grind there, even though I enjoyed my job. And so I decided, hey, in my free time over Christmas, I'm just going to go and learn how to program on solidity. And so I made a few kind of smart contracts learned what was up there. Randomly was just putting together a DeFi idea, looped in some of my best friends from kind of more of a trading and finance background, we decided to put our brains together and just be like, "Hey, what can we build in this space?"And then yeah, after throwing around enough ideas, I think we ended up settling on something that was really cool. We thought the derivative space was somewhat untapped, especially options seemed like such a huge market, but no one's really done it. And randomly, we reached out to Dom, fellow Australian, and then we basically, he put us in touch with Tolley and Bartos, and after talking to them a bunch and reading the whitepaper many times, I got really sold on Solana and I've just been developing on it since.Matty (02:40):Nice. And if I remember correctly, you guys were the winners of the Solana Season Hackathon, which was extremely competitive. I think there were like 13,000 plus participants, which I believe is the largest hackathon, not only in crypto, but ever in the technology space. So it would be great to just hear like how you guys worked through that whole event and what you guys came up with coming out of it.Tristan (03:10):Yeah, absolutely. So that was definitely a tough experience and an interesting challenge as you mentioned. Yeah. 13,000 people to compete against. And that was really when we were finding our feet in the crypto space, not having as much of a network or I guess like a reputation being new builders in the space and I won't go too much into it, but we went through a team split and stuff during that kind of time. So it was a really tumultuous period. And so, we just thought, "Hey, we got to give this hackathon 110% and do what we do best. Like we're all engineers and X traders. So we got to build man, because that's what we're really good at. And that's how we can prove ourselves. So we went into that.I pretty much quit my job, I would say two days before the hackathon started to give it 110% as did like a couple of the other guys, and then we just went in there pretty much worked out of the same apartment for three weeks, I would say, putting in 16 hours a day. So we must have worked over a hundred hours a week, just ridiculous hours. It was pretty much like wake up, code, go to bed. Which got pretty tiring by the end, I was pretty exhausted, but we pumped out a lot of work and we built out this very early stage binary options, MVP platform of which is very far cry from what we have now. But, it was amazing to smash that out in three weeks, learn Anchor from fundamentals, still in the process of learning Rust at that time.And then whipping together a front end, we ended up getting the product out, which was fine and it was a little hacky, but it worked. And then we ran into so many infrastructure problems. We didn't fully understand or appreciate the difficulty of RPC Nodes and trying to service all those requests. So our front end got rate limited crazy. So to actually get it out there on Devnet that people could use it, we were like, we have this funny photo where it's six laptops side by side, all hotspoting off different Wi-Fi hotspots, just so we get different IPs so we don't get rate limited on all of them. And then we were all doing what's called cranking, to process orders on the back end, all through these mini distributed cluster of computers in the same room. That was an awesome experience. And yeah, it brought the team together, we pretty much got a lot of our friends to come in who were our colleagues and then we hide them off the bat. And then we grew the team pretty quickly to seven or eight people straight off the bat to hackathon.Matty (05:28):Wow. That's insane. I didn't know that story about running your own cluster of computers to not get rate limited. That's amazing. And so I think you mentioned your initial idea in the hackathon and what you worked on initially was binary options, but that's not exactly what's in the product suite today For Zeta Protocol. So maybe just walk us through one, why didn't you pursue that idea and two, what is Zeta today? What is the actual product?Tristan (06:01):Yeah, absolutely great question. So I think with binary options, that was never really the plan for us. We didn't want to box ourselves into that very niche vertical. I think they have a bit of a bad rep in traditional markets. They're kind of banned in a lot of countries because I think they are a little bit of a degenerate product to be honest. It's kind of glorified betting. And so we wanted to move away from that. We want options that people can actually trade properly in a sophisticated manner in financial markets and Hedge Exposure and do all these things that you currently can't really do in crypto markets. People tend to just go bulls long right now, a 100x leverage and either get liquidated or they become a millionaire. So we're like, there's probably some in between where people can be a bit smarter and this is pretty much what all the pros use on Wall Street and all these other places pro traders are trading options and other derivatives.So we're like, this is a great element to have in your toolbox. So we straight away from, I think binary options, even though the reason we did it was because the math is a ton easier and it was easy to implement. So we got that out there. It proved that we could build something like this. And then we backed away from that. We went for Vanilla options, which we think are far more interesting. There's far more market demand. It's like a multi-trillion dollar industry in traditional markets. People use it all the time, super popular. You even see people getting into it from more user friendly apps like Robinhood in the US, has just blown up in popularity. So we're like this clear market fit. And then now we're trying to, I think historically we've been seen as just purely an options platform, which we were for a period of a couple of months, but now we're really broadening our focus to all derivatives, which is really exciting. Having everything cross margin and viewed under the one umbrella platform, I think is really cool and always building into creation. So what we have right now is futures and options. So we are the first one to offer dated futures on DeFi, I'm pretty sure. Even across Ethereum, I don't think anyone offers it, which is pretty interesting. Everyone seems to go fully PERPs, but we do futures, we do options, which is nice because you can kind of hedge out using the futures for your options. And then we're going to be looking to list stuff perpetual swaps as well. Probably broaden it into a bunch of other categories for derivatives based on demand and what's feasible to build on chain. But really we think the options are pretty limited and trying to build out a whole suite of trading products that people can get dug into.Matty (08:21):That a great overview. I guess kind of double clicking on one of the things you said, which is options are really popular product in institutional, traditional finance. And even now thanks to Robinhood of making it a great user interface for retail to even participate in options. Why exactly is that the case? What is so appealing about options that it applies to both audiences?Tristan (08:50):I think for more casual users, I think the payoff structure is just very appealing. I can't demonstrate it here on the podcast, but essentially you have unlimited upside. So as if you were to get a PERP or hold spot, if Solana rips to a thousand dollars, you're exposed to that whole upside, which is really nice to see. But the cool thing is your downside is essentially capped. So if Solana tanks, you only ever lose what you put up for the premium, which may be a hundred dollars or something or other. So it's almost like you're buying this insurance. You've got unlimited upside, limited downside, which is in stark contrast to say, you buy a PERP and Solana tanks a lot. And then suddenly you've lost a ton of money, you get liquidated, which is pretty tough.So I think that's pretty cool. It's also options are inherently cheaper than spot as with like most derivatives. That's why they're more efficient. That's why people trade PERPs because it's easy leverage, I guess, with options they're inherently kind of under collateralized, you're only paying a fraction of what you would for the actual Solana coin is a spot asset. So that's pretty nice. And then I think from the institution side, and hopefully you're going to start seeing this more from the DeFi user side as well. I think it's a really good tool for hedging risk and this is their primary use case I would say in traditional markets. And you can almost think of it like you're buying fixed insurance on your portfolio. So what you'll do is say, I have a net long huge position on Solana or some other coin, and I want to protected on the downside.I'm just paying a small amount of money essentially to buy put say, and so if the market does tank, I've got this nice thing that's protecting my downside. I think those are all really appealing things. And you can start to pair up a lot of these different options so you can buy calls and puts, and then you can build these very interesting payoff structures. Things like straddles, which are kind of this V-shaped payoff where I'm basically market neutral. I'm Delta neutral. I don't have an opinion on where the market's going to rip up or rip down, but I just know it's going to go a long way in one direction. So you essentially start speculating on purely volatility, which is an interesting new trading paradigm that I don't think a lot of people do. So you might be unsure, I don't know where the market's going to move, but I know it's going to move a ton and you can start placing bets on that, which is really exciting.Matty (11:04):Yeah. That's really interesting. I mean, Zeta is not the first project to try to tackle options and bring it to a bigger audience in DeFi. Why do you think previous attempts that this haven't been quite a successful?Tristan (11:18):Yeah. Awesome question. And this is really what spurred us to start in the first place. We were looking into this early 2021, we spent a good month or two, just not even coding that much, but just surveying the landscape, seeing what was out there and where we would necessarily fit in. And so I think at that time, pretty much nothing existed on Solana. There was what? Serum, Bonfida, Raydium had only just launched. It was very early days, but obviously most of the competitors, or people in that landscape were on the eat side. And so I won't name any platforms, but there were a couple out there. They're mostly these one sided AMM pools, which basically all they do is sell options. And so that's not really satisfactory. You're not doing the buying and selling. You're forced into one.And whenever you are placing your capital into this AMM pool, you're a forced seller all the time. So basically you have no choice whether you want to sell the option and you always get done at really poor prices. It also requires people to have pretty good pricing to make sure they get a good deal for their LPs. But from what we saw with some of those platforms, they've priced them really poorly. You have this parameter called implied volatility that you will have an opinion on or put into your pricing model. And I remember the founder of this one protocol was updating it once a week. Whereas, crypto's very volatile, change is intraday. So, if you looked at the gene analytics dashboard, a lot of the LPs were just down 20% to date, which was like, why would I put my money in this pool? It's just losing me money consistently.Matty (12:46):Yeah.Tristan (12:47):And then there were other nice ones that were more like orderbook based, which I think were cool. But the only problem was Ethereum, gas fees were crippling, you try and put on a call spread, it'd be like $200 in fees. And I'm like, that just wipes out all my PNL. I've got to be a whale that's putting on this massive trade. Otherwise, any kind of smaller fry, just going to get completely priced out of the market. And their liquidity was just nonexistent. They've got one strike on their orderbook that had two trades on or something like that. Everything else was just blank. So I was like, there's no way that I'm going to trade on this willingly versus like Deribit or some other kind of options exchange out there.And so I guess the way in which we're different, we're obviously built on Solana, so you get the really nice performance aspects of the network. A big sell for us was being able to use Serum. So the decentralized orderbook infrastructure, which is a feed of engineering there and powers pretty much all our markets, which is pretty incredible. And something that we've tried to do, I guess the four main points we've tried to hit capital efficiency is super important. So we want people to be able to put on positions without having to go over collateralized or fully collateralized and put up a ton of capital, which makes it really inefficient to trade. It means like, hey, I can't open a lot of positions. Suddenly, I've tied up all my money in this one position. And so this is really bad for individual users and especially market makers. Market makers need to put on 50 different positions across all different markets.So that makes it really tough for them, makes it really inefficient to trade. And if you don't have market makers who can trade efficiently, you're just going to have not very liquid markets. So, that brings me into the second point. We want to aim for liquidity, obviously trying to onboard these market makers. We have two dedicated market makers, which is really cool. They're providing liquidity 24/7 and kind of quoting our markets, which is really exciting. The third point is user friendliness. I think options scare a lot of people and derivatives in general, can be scary, because they're a little bit more complicated. But they're nothing to be scared about. And we're trying to bring down that barrier entry, we've seen what other platforms like Robinhood have done in terms of making it a lot more user friendly, building stuff like a mobile app and having more explainers in product.So we've taken some notes from that. We've tried to build a really intuitive trading interface first and foremost. So people can go in there and it somewhat makes sense on how to trade. And it's not this really opaque, confusing Excel spreadsheet looking interface, like you get on some other platforms. And we just really want to lower the barrier to options and make sure that everyone's able to access them and try and use them. And then the last bit is I think safety is really important because they are a volatile product and like options, prices can change quite a lot because they're kind of non-linear in nature. We want to make sure that users are protected. They're kind of managing risks, so we've got like a lot of safe margin parameters at the moment. So people can't get too over levered and then it's getting liquidated really easily.And we also have this internal risk engine. We have what's called a Mark Price or our internal fair for what we think these options are worth these updates pretty much every block. So half a second, essentially it's based on the fifth Oracle, we update it really quickly. It's kind of calibrated to trades and other things that happen on the platform. So it's meant to be really reactive and we basically built this because we don't want prices to drift off what they actually should be. And then people just get randomly liquidated for no reason when they shouldn't be. So far it's been going pretty well. We've had barely any liquidations. I think people have been pretty happy, but always improvements to be made.Matty (16:05):Very Cool. One of the things you touched on was how you're starting with Vanilla options and you're interested in more perpetuals and maybe other derivatives and creating this suite of a variety of products that folks can use and you need cross margining across all of them. How do you decide from a product standpoint, when to use other open source primitives, maybe you can use Marginfi for cross margining or another protocol DeFi primitive for futures, contracts. How do you decide what you guys build versus plugging into this open source composable ecosystem that already exists on Solana?Tristan (16:47):Yeah. This is a really good question and saying we've been grappling with for many months. I think it does come with a set of trade offs and we do have to put our heads down and think about it quite a lot. I think in the early days we were really looking to integrate with one of these linear trading platforms. So anything that's like PERPs or spot or futures. So, obviously talking to teams like Mango and a bunch of others out there on integrating because we're like, "Hey, we need these futures," and we didn't necessarily want to build them ourselves. Because it was extra time. The one thing that's slightly tricky with early composability is so many of these platforms and protocols were changing every week. So it was like trying to hit a moving target.Their code base is changing how they're doing stuff and we're like, we're also changing and trying to be agile. So in the early days that was a little bit tricky to kind of integrate Mango margins, their stuff's a little bit differently to how we do it. So it's really hard to consolidate and do a cross margin across two things. I know Marginfi's trying to tackle this now, which is why we're trying to work really hard with them and trying to integrate because I think it's such a cool product. But yeah, for example, with those futures we realized there's a clever trick where essentially if you treat a zero strike call, it's more or less a future. And so that was something that we could just pretty much chuck straight into our framework and pretty much pop out futures within a day's worth of work, which is pretty cool.But now in the future we're really focusing on composability that's a massive thing for us. So working with say, some of the borrower lend platforms, I think they've got nice functionality and it allows us to do a multi collateral, because currently we just do cash margin for stuff, if we want people to margin with SOL, they can kind of borrow cash on their sole or something rather. And then yet now there's this whole ecosystem of derivatives apps that they are building on top of futures and options. And so we're really trying to service them. So you've seen these DeFi options vaults really blow up in probably the last month or two. There's this whole popping ecosystem of these now whereas, if you were to look at this, maybe like three, four, five months ago, there was pretty barren. No one was there.Everyone was telling us like, hey options have no product market fit, no one cares about it. And now you've got Katana, you've got Friction, you've got like tap a bunch of others. You would've seen the news. We just brought over Ribbon Finance from Ethereum and we helped them launch on Solana, which to my knowledge is the biggest EVM kind of project to move over to Solana properly, which is pretty exciting. So yeah, we're just trying to service this ecosystem and really composed with all the projects that are trying to build up on us. And you've got like five hackathons happening now almost concurrently. You've got like serum convergence, a bunch of cool stuff came out of there. That looks really exciting. You've got this Solana global hackathon, which is coming up shortly and a bunch of others. So very exciting times.Matty (19:33):Yeah. A related question and you answered some of it, but Zeta, it seems like at its core, it is a protocol and you want external developers to be integrating with your protocol so that they can build things like structured product, things like Ribbon or Friction or Katana. But at the same time, you do have a really nice front end that you guys have obviously spent a good amount of time on, how do you view that piece of it where you are a developer platform in a sense, because you're composable with all these other systems that could plug in and provide value to the underlying protocol. But at the other end, how much work do you put into your front end to make it a trading destination for end users?Tristan (20:18):I think we started very much from the singular mindset of let's build this really amazing exchange ourselves and then have realized that, hey, we only have so many hours in a day and this is quite a grand vision. And you really get this exponential payoff or this nonlinear scaling when you start integrating developers from the community, people start building on top of you and you start growing a bit of an ecosystem. I think Serum's like a really great example of that. Obviously they've got this great orderbook, but now it's used by 50 plus projects. It really scales pretty amazingly. And it's like this core primitive in the ecosystem. And so we want to offer that because we've spent like six months trying to engineer this really complex and sophisticated options and future's protocol. We don't want people to necessarily go through the pain of figuring out how to do under collateralized trading and margining and settlement of options and all the pain points that we've had there.And so we want people to leverage that, build cool things. But at the same time we needed like a front end. We want people to be able to trade. I'm not expecting people to whip up type script or get a CLI going and start placing trades programmatically. That's not going to really appeal to the majority of users so it was us coming up with a really sleek web app. We also built not a mobile app, but you can access it through a mobile browser and we're going to integrate that obviously with Phantom mobile, which I think will make for a really nice experience. But yeah, other than that, we've been focusing hugely on DevTooling. That was kind of a pivot in our focus from, we've built this exchange and it works really well internally.And then I think I pushed pretty hard from our side to focus on composability and how we integrate with a lot of other projects. And so that was releasing a typescript SDK, which basically all the market makers and programmatic traders use. It just makes their life a lot easier. And a lot of people don't necessarily want to click trade through our platform. So if you're running a market, making bot, doing all those kind of essential functions, then that's really convenient for you. And then something else I wrote, which is our kind of like Rust cross program in vacation library. This is basically what the vault projects and all these other guys have been bugging us for months for. And I kept basically pushing back on guys like Katana and just being like, "It's coming, we're focusing on the platform. We're trying to get that out then I'll kind of service you guys once it's ready."And so ended up kind of doing it in parallel. I'm like these guys are pretty important to our strategy, we really should be supporting them. So ended up just writing out that client. I even built a bit of a sample vault implementation just to make it as frictionless to move over as possible. And they've kind of taken that and run with it. And the feedback that we've gotten is everyone's like the developer documentation is really good. It's easy to use. They don't even need to ask questions. So it scales well for us where I don't need to get on a call for two hours and walk them through how our stuff works. They just read the docs, fork it over, start running it, make their own changes. And they've got a product working within like an hour, which is pretty amazing.Matty (23:10):That's awesome. One thing you also mentioned was mobile, which is interesting. I mean, yeah, for those who don't know, Phantom, the browser extension wallet has released an iOS app recently and getting a ton of downloads and it's getting the ecosystem thinking how do we optimize for mobile? Obviously part of the promise of DeFi, is that there's billions of people around the world, they have smartphones, they maybe don't have access to first world financial infrastructure. And so if they have a smartphone and they have a Phantom wallet and they can get some funds into the wallet, you get access to this next generation financial system. But on the other hand, and maybe that works well with simple things like I want to get a loan or I want to make a trade or invest in a stock.Matty (23:56):But when you're talking about using pretty advanced derivatives, whether it's futures or options, screen space matters. You just envision the Wall Street trader with 17 screens loaded up. How do you think about that? Are people, do you think going to be trading perpetuals and stuff from their mobile phones in Indonesia? Or how do you see that of playing out?Tristan (24:25):Yeah, definitely see it happening. To be honest, I think I went through a period where I used to pretty much exclusively use binance and FTX from my desktop computer. And then it got to a point where I just got too lazy and it was so convenient on my phone. If I just hear like, this coin is probably a good buy now, I'll just kind of check it on my app and go and place an order. And it's super frictionless. It's super easy to do and very convenient. So I really like that. And I think what spurred us was kind of a twofold thing. One is seeing what our audience was and what people wanted. And obviously it's a global audience.If you're looking at the whole span of things, a lot of people do use mobiles actually, which kind of shocked me because I came into this being I've never used a DeFi app on mobile and I don't think I ever will. And then I looked at what our discord statistics were. We put out actually like a survey or two, how PM guy wanted to do a survey and figure out a little bit what our user base was. Turned out like this huge proportion of people, I forget the exact percentage, but were accessing and using primarily from mobile.Matty (25:31):Interesting.Tristan (25:31):And I think that tends to be probably more of a third world geography type thing. People tend to be very big on the mobile phone stuff. We were like, "Hey, we can't ignore this customer segment. There's clearly like a fair bit of demand there. And this is something that we should probably cater to." And it was really good from the design side. So this second part was we obviously want to simplify, but still have functional options. We don't want to simplify to a case where it's like click one button and it does stuff for you. It's like, we just want to make it intuitive and easy to use without making it unnecessarily complicated.So we're like, "Let's hide stuff like Greek exposures and all this stuff in options. That's like probably for the pros and it's probably overkill." And so we're like let's design for mobile first, which is actually feedback from Josh Taylor, from the Solana team. The designer there gave us a bunch of good feedback of design for mobile first it'll force you to be really efficient and think about screen real estate and then go back to the web one after that and then you'll probably have a much simpler or more compact information dense kind of screen there.So that worked really well for us. We kind of rolled with that, we had these two apps. We actually kind of split it up. We didn't want to have necessarily the same exact experience for both web and mobile, which we had initially. And I think our binary options won. It was just like a clone of both, but we realized, hey, we're going to have different audiences catering to both. Probably the more pro traders are going to get on the web app so we're going to have essentially the options, kind of the layout of all the options. You've got a lot more kind of parameters and knobs to look at. You can look at like open interest and probably we'll add in like Delta and all these other things that I think the pro traders really appreciate.But when we're looking at the mobile app, we gave the normal interface and we put in other stuff, which is useful from the price. And you can kind of get these little metrics, like what's the probability of the option finishing and the money. And I feel like that's a lot more tangible than I just look at an option and it's priced at $2 or 70. And I'm like, what the hell does that mean? Whereas if I'm like, "Hey, this has a 20% chance of finishing in the money," then that makes a lot more sense to regular users. And we changed the flow a little bit as well, where it's like, if people aren't really comfortable placing options, we made a very simplified flow, which is like, I think the price is going up or the price is going down, which kind of caters to the people who are only familiar with these up-down perpetual products.And that basically auto fills out your kind of, I'm buying a call or I'm buying a put with some nearest to expiry, some other parameters. So it kind of takes some of the decision load off people. Because otherwise people come in there, they're like, "I want to buy an option. I don't really know what I'm doing, but I've got to put in things like expiry, I've got to select the strike and then I've got to select all these different parameters. I've got to buy or sell it. Which one do I do? I don't know. It's kind of a lot of mental load." So we are just trying to minimize that for people.Matty (28:15):Nice. That's awesome. So maybe the last section here, we can go through some rapid fire questions. So I listen to this podcast from Tyler Cowen, who's an economist and professor in the United States. And basically how this is going to work is I'm going to say a word or a phrase, you're going to say whether it's overrated or underrated.Tristan (28:37):Got you.Matty (28:38):And then you can give a brief definition of why you think it's overrated or underrated. So, I'm going to say something first, a word and it's just going to be rapid fire. We can talk a little bit about each. But, you ready?Tristan (28:49):Yep. Let's do it.Matty (28:50):All right. Anonymous crypto teams.Tristan (28:53):I think underrated.Matty (28:54):Why is that?Tristan (28:54):I think they do pretty good work. And I think coming from a background in traditional software engineering where people care a lot about credentials and things like that, I think what you should really be measured on is your meritocratic thing where people just do good work. And I think people go out there in the crypto ecosystem, they don't make a big fuss, but they launch these protocols. And I think people do really good work and they don't need to have a Stanford CS background or something, although to contribute to the ecosystem. So it's really nice and refreshing to see people who might be self taught in crypto. And a lot of people are, I think they take it on their own initiative and they go out there, build amazing products and change and push the financial narrative forward or whatever they're building the crypto ecosystem. So I'm pretty bullish on those teams for sure.Matty (29:39):Out of curiosity, why didn't your team go anonymous?Tristan (29:43):Most people in the team I think are pretty anonymous and want to stay that way. I think it's me who's had to be the doxed individual on the team. But it's more like, you want to do these speaking opportunities or go and publicize or get the name out about your protocol. And I think it's very hard or at least for me it was tough to do that. People don't necessarily take you seriously, especially when you're trying to raise capital or do other things, people don't really... That doesn't fly with a lot of people when you're trying to talk to people from more traditional industries, they laugh it off as a bit of a joke. So I don't mind too much from my perspective, I'm pretty comfortable with it. But yeah, at least we have a little bit of a mix.Matty (30:24):The Metaverse.Tristan (30:26):I think overrated. I just hear it is this buzzword, you hear it from everyone, especially guys like VCs and other people. I hear it from a lot of my, I hate to say it but normie friends from outside of crypto. That's start to become a bit more of a tagline, but especially in relation with NFTs, this is something that everyone gets into in the space. And I think that's good to broaden adoption and onboard the next billion users, but I still don't have a really good understanding of what exactly the Metaverse is. And now I'm seeing all this stuff.Matty (30:55):What is it?Tristan (30:56):I don't know.Matty (30:56):I don't even know.Tristan (30:57):No, one's got a definition. It's just this buzzword that gets thrown around and now I'm seeing Facebook rebrands to Meta. You've got this corporate BS coming out and we're going to build the metaverse and I'm like, I don't really want to be part of Zuck's metaverse necessarily. So I'm a little bit bearish on that.Matty (31:14):Yes, I too do not want to be a part of Zuck's wonderland. Insurance and DeFi.Tristan (31:22):Definitely, I think underhyped. People go to the really quick and easy stuff to understand. And obviously NFT is a nice bridge gaming stuff like that I think is really cool. And not to downplay that. Then I think something, the narrative for DeFi is really strong. We're building a new financial ecosystem. If you're looking back at what's happened in traditional finance, obviously there's been like decades of innovation stuff. I feel like that's kind of slowing down and is not really suited to this web enabled world that we live in now. So there's kind of obviously this Web3 meme that everyone throws around, but I think it is genuinely true and it's going to be a bit of a paradigm shift.Even now, I try and open a new bank account or do a cross-border payment or something although it's a huge pain in the ass. There's so many things and steps you have to go through, it takes forever, you get clipped on fees on absolutely everything. Whereas, I remember the first time I opened up a Solana wallet and I just sent someone USDC, it's confirmed in a second, pretty much. I paid a fraction of  cent in fees. I'm like, this is incredible, nothing beats this. And I think Anatoly brings that great statistic of 20% of global GDP just literally gets dedicated and used up by just moving money around and having all these middle men take commissions on things. Unlike, wouldn't it be incredible if we all got a day back in our lives that we didn't have to work if the whole financial ecosystem was a little bit more efficient and more transparent.Personally, I really like it because having worked in the software industry where open source is pretty king there. And the only reason anything works is because people have built all these libraries and other things underneath that all build up. And you can build your application in 10 lines of Python now. And this is kind of like, doesn't obviously happen in traditional finance. You've got all these firms who guard their secrets, it's world gardens. And now you've got this transparent financial ecosystem where everything's, majority stuff is open sourced, it's composable, people don't need permission to go and place and execute orders through Zeta or build whatever their protocol is, their default product on top of us, just go ahead and do it. It's a piece of public infrastructure.So I think that's pretty awesome. And I'm super excited when we live in this world where everything can talk to each other. You're actually earning productive yield on your assets and not the 0.2% that I probably get in my bank account these days. And then following on from that, I think derivatives are pretty cool. I think when you look at any financial ecosystem, you've got a few stages of where you're going through. So, we started with the simple token swaps, then you're going to these borrow lend protocols, then you're getting more into PERPs and leverage. And then I think the last piece of this derivatives puzzle is just trying to get to options and then on the very end of the spectrum, you're starting to get to exotic options and this crazy stuff and you're seeing a few protocols popping up for that. So it'll be interesting to see how it plays out, but I think it's such a natural fit. And yeah, when we started this, we're like, it's such a obvious play that this will take off and we've already seen perpetuals swell to multiple billions, if not more of volume on centralized exchanges, even stuff like dYdX is just blown up massively all of last year and this year. So yeah, I'm super bullish on that. And I think it's under service still. I think it's just going to grow more and more. And if you look at traditional markets, derivatives eclipses spot by 20X or something although it's just huge.Matty (34:42):Singapore.Tristan (34:44):I think under hyped right now. I think it's still fairly under the radar. I think it's a pretty cool part of the world where it's like a nice melting pot between western and east. So it's cool. I think being around here and seeing that it's still an English speaking country, but you get exposure to that kind of side of the world. It was just kind of convenient for us as well because it's that whole kind of APAC time zone. And so far it's been pretty enjoyable. I think there's a really, really fast growing crypto ecosystem. So it's still behind. I would say the US, is kind of the leader. I think all the main people are there in the Bay Area or New York building cool stuff. You're definitely to starting to see more people move here.I think it's a big crypto hub and I think kudos to the regulators for not just trying to outright ban things and trying to have a little bit of a conversation, which I think is pretty rare when it comes to crypto. You have everyone trying to shut it down and label it as this kind of like, this is some black market thing and people are using it for all these nefarious operations, when you have actual legitimate builders trying to build awesome financial infrastructure that will hopefully change the world. So yeah, I'm definitely see like more people moving here. I think hopefully growing a little bit of a Solana footprint, we'll have this Singapore Hacker House going and hopefully a more longer term installment and looking forward to having more startups around.Matty (36:05):Yeah. Completely agree. Huge fan of Singapore. I've been there handful of times and I've always had a really good experience there. So okay, next one. Sleep.Tristan (36:15):I think under hyped for sure. I have a lot of friends, probably more in the kind of banking sphere who are just sleep is for the weak type mentality. They're like I did sleep three hours and go back to my desk job like Goldman Sachs and then just do all my stuff there. And they're like, who needs to sleep? Doesn't really matter. They have fucked up sleep schedules. I've read a couple of books on sleep. I think there's that classic, like Matthew Walker one, on why we sleep and a bunch of other good ones and yeah, it does seem pretty critical. I know at least myself, when I get less than six hours of sleep, I'm super grumpy and just have a lot of brain fog and cannot think straight. And when you're trying to code up smart contracts and Rust, I think you need your mind to be performing pretty well.So we have a bit of a weird sleep schedule going in our team somewhat, we're trying to service 24 hours of the clock. And even though some of us are in the same time zone, say we just have to like stagger our hours. So I'm personally a bit of a early bird. So I try and get off earlier and I enjoy the early hours because I tend to get very tired at night and can't problem solve. Whereas, I'm fresh in the morning. Whereas some other guys in the team, especially on the engineering team, love to pull the late nights and be up until like 3:00, 4:00, 5:00 AM. So, it kind of works, but we're around on the clock. So if a market maker or someone throws a fuss and the platform's breaking, we're always there on call. But I think sleep in general is super underrated. I think it's pretty important in the long run, you want to be getting your six to eight hours.Matty (37:43):I asked this question because I think you had a pretty infamous tweet and I think it was, "Peak crypto living." And it's just a picture of a rug and a ma and a mattress on the floor. I just wanted to get to the bottom of this.Tristan (38:00):That's right. My sleep is terrible. That was when we moved into a new place and I pretty much had no furniture. We bought a wide screen monitor before we bought a bed. We were working super productively, but then I would go up to my room and just more or less sleep on a yoga mat on the floor, which was maybe not the most comfortable thing, but I got by it for like a week and then managed to buy a bit more furniture. I have at least a basic bed now. So my sleep has improved incredibly since then.Matty (38:26):Nice. And this will be the last one. Solana.Tristan (38:30):That one's a hard one to say. I think if you were to ask me last year, it would definitely be under hyped. I still think it's under hyped. I think people have been fighting it and being like, "Hey, this isn't a real chain. It's overblown. It's VC chain bad or something." Although people are kind of always trying to put shed on it, which I don't think is justified. And I look at those people now and I'm like, "Clearly you haven't used any of the apps that are on the platform where you have no appreciation of what the people are trying to build." Because I think being, I wouldn't say an insider, but at least like a builder in the ecosystem, you're like, hey, there are a lot of really cool teams building cool stuff. And there are so many products yet to be launched.So I still think it's in the period where it's under hyped and we're going to have just so many more Solana apps just because it can scale and we're not going to hit these really crappy limits like you hit it on Ethereum L1 where suddenly everything is costing an insane amount of money. So I still think the space has so much room to grow and the way that Solana is built, I think does scale pretty nicely. I think it has definitely gotten some hype towards the end of last year. I think it did feel a little bit toppy, I think in crypto in general and going to break point and there was so much hype and so much crazy sentiment going around. Everyone was feeling really good because their bags are getting pumped and people are in Solana 200 plus dollar territory. And there's this whole NFT thing going on, you've got to listen to announcements from founder of Reddit and founder of Brave and stuff.And you're like, "Wow, this is mainstream adoption. What's going on? Solana's going to infinity." And then the whole market nuked and then kind of brings you somewhat back to reality. And I think now is probably the best time for builders when price is a little bit suppressed. People can kind of put their head down because, I got to say, end of last year was pretty hard to concentrate on just pure engineering. There's a million different distractions going on. So I think it's nice that things are a bit more low key now and it's a bit more of a healthy growth trajectory.Matty (40:20):Yeah, for sure. This is definitely Solana Season from my perspective, because this is the best time to build applications, I think. Yeah. Really happy that you guys are in the ecosystem. I'm really excited that Zeta is now on Mainnet. And yeah. Thanks again for coming on this show.Tristan (40:38):Awesome. Not at all. My pleasure.

Hey Solanians….. How's the start of your week going? It is quite hot here in Taiwan and I'm sure the sun is doing its best job to blind me in my study. This is the second episode  of our SOLI focused segment of the Inside Crypto podcast. In this series we plan to cover the latest news regarding the constituents of our Solana Ecosystem Index. They are mSOL, Serum, Raydium, Tulip, and Solend. This episode was recorded on March 15th 2022.  The first thing we will always dive into, is the price action of the week and then go through any major news items with regards to the constituents.Marinade leads liquid staking on Solana, Serum discusses composability and Solend has a DOG pool, finally... These stories and more on today's episode.  I have to mention that nothing in this episode constitutes financial advice. Please do your own research. Anything said here is my own opinion and not to be connected with my employer. But I am forever grateful to them for helping make this podcast a reality so please do check out our website and tokens we offer at tokens.amun.com. Thanks everyone for listening and don't forget to tune in next week where we help you to get to grips with what is going on in the Solana Ecosystem.  News Covered Today: https://tokens.amun.com/token/SOLI (SOLI Price Action) https://news.bitcoin.com/more-than-80-of-funds-locked-in-decentralized-finance-kept-on-5-chains-21-different-defi-protocols/ (More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols – Defi Bitcoin News) https://twitter.com/MarinadeFinance/status/1502501889350397954?s=20&t=UN_1gNpCfmAnR77xm5BsNg (Marinade Docs available in Chinese) https://dex.aldrin.com/pools/NEAR_mSOL (NEAR-mSOL pool launched on Aldrin) https://www.web3wire.news/post/composability-takes-centerstage-at-serum-hackathon-panel?utm_campaign=meetedgar&utm_medium=social&utm_source=meetedgar.com (Composability Takes Centerstage at Serum Hackathon Panel) https://raydium.medium.com/zebec-is-launching-on-acceleraytor-410d87988f37 (Zebec is Launching on AcceleRaytor | by Raydium | Mar, 2022 | Medium) https://tulip.garden/vaults?src=Home (TULIP Vaults) https://twitter.com/samoyedcoin/status/1501928097893044226?s=20&t=M4rwPDbDtahKy9T26CPt_Q (Solend's Dog Pool) Follow Us On: http://www.amun.com (Website) https://twitter.com/Amun (Twitter) https://discord.gg/EDufcYpseD (Discord) https://t.me/AmunTokens (Telegram) (English) https://www.reddit.com/r/AmunTokens/ (Reddit) Email

Chewing glass is what Solana developers do. Introducing the third episode in a new series on the Solana Podcast, Chewing Glass. Chase Barker (Developer Relations Lead at Solana Labs) talks shop with the most interesting builders in the Solana ecosystem. It's for devs, by devs.Todays guest is Brian Friel, a Solana dev and regular contributor to the Solana Cookbook who recently joined Phantom as Developer Relations Evangelist.01:18 - Intro / Phantom04:04- Brian's background05:10 - His experience before working in Solana06:42 - How did he start working in Solana08:06 - When did he start looking into Solana09:41 - First project on Solana11:36 - What are the challenges working in Solana13:14 - Anchor vs. Solana native15:31 - The Solana cookbook18:09 - Contributing to the space21:01 - Solana Native Programs23:01 - Any advice?DISCLAIMERThe information on this podcast is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose.The information contained in or provided from or through this podcast is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice.The information on this podcast is general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this podcast without undertaking independent due diligence and consultation with a professional broker or financial advisor. Chase (00:39):Hey, everybody. Welcome to Chewing Glass, the show where we talk to developers building in the Solana ecosystem. My name is Chase Barker, developer relations at Solana Labs. Today, we have with us, Brian Friel. Brian is actually a heavy contributor to the Solana ecosystem. I spoke with Brian, probably, a few months ago. I started noticing that he was writing some really great articles about Solana. I always have my eye out to kind of find people who are just altruistically contributing in the ecosystem. Brian was one of those guys, and here he is today. Brian, how's it going, man?Brian (01:13):Hey, Chase. Good to be here. Big fan of the show.Chase (01:16):Super excited to have you. You have done so many contributions to the ecosystem, everything from your own personal articles about PDAs with Anchor. You've contributed heavily to the Solana Cookbook. Actually, many people probably don't know because you never really spoke about it, there is some great news today. Brian, I actually heard from a little birdie that you just got hired at Phantom.Brian (01:50):That's correct. This is a Solana podcast exclusive. I'm joining Phantom, and I'll be their first developer relations hire there. Super stoked to build out the best wallet on Solana.Chase (02:02):Yeah, that's awesome. I haven't fully grasped what... I know that there's a use for that on a wallet. Every company's completely different whenever it comes to developer relations. You've been hanging out with the Solana Labs devrel team. I'm sure you'll jump in there, and you probably have already started to try to figure out what you're going to do on day one, I'm sure.Brian (02:24):It's a green-field kind of space here. There's a lot to do. I think you're right. One of the best things about this space, too, is that so many people are just building in public that we get a lot of feedback of what developers building on Solana want to see out of us at Phantom. My job is really to kind of get in touch with everyone who's building and start triaging what the biggest priorities are to make this the best experience.Chase (02:46):That's awesome. I'm sure you're going to do great. Also, another one of our wonderful part-time dev advocates, Loris just got hired by Metaplex. But, at the end of the day, we love this. This is exactly what we want. All the better and congrats on that.Brian (03:00):Yeah. Shout out, Loris. He's awesome. Metaplex got a huge win there, getting him.Chase (03:05):For sure. I guess, I usually start these out with some more of the boring things for most people. Everybody wants to hear about the development stuff. Number one, when you did start working with us, had I reached out to you or did you reach out to me? I've been thinking about this today, and I cannot actually remember how that unfolded.Brian (03:25):I think, way back, I actually reached out to you once. At the time, I might have not even been on Twitter under my real name. I just started a Twitter account just to check out a couple different things. I was interested in crypto. I saw your presence pretty early on and messaged you, but I'm pretty sure, at that time, you were just drowning in DMs. I went all out my way starting to build stuff, and then starting to just share stuff publicly, which we can talk about. But, I think, through that, then you had circled back, and then we reconnected.Chase (03:55):Yeah, exactly. If you're listening, that's how you do it. If I don't respond to you, do something cool, and we'll eventually connect. Anyways, definitely, generally curious on your background, whether it's tech related or not, just whatever you are comfortable with sharing and what you were doing before you were involved in any of this crazy thing that we call crypto.Brian (04:16):It feels like a lifetime ago. I, actually, didn't study computer science unlike a lot of people, but, over time, I did make my way into the tech world. Then, quickly after graduating, I got pretty lucky, and I got a job as a front end engineer at a small crypto hedge fund here in the Bay Area. It's called Castle. Was with those guys for about four years. Absolute, awesome experience. It was really interesting to see the whole trading side of the industry, which, obviously, is kind of how this all got its legs. People want to speculate on this. Over time, my role there really evolved from just the pure dev to somebody who was really kind of boots on the ground trying to figure out what's new in the space.Through that, I came across Solana pretty early on. Obviously, seeing Sam Fried throw his weight behind it, but then some other stuff that came along like Mango. I'm seeing the possibilities there. In my free time, I really started just digging to it outside of work. Work was the catalyst for finding it. But, that's really how I got my start, just looking into the developer side of things on Solana.Chase (05:18):What was your experience level directly before Solana?Brian (05:22):I was a React front end engineer, was really my specialty. I, specifically, was tasked with building interfaces for our trading systems. We had a whole proprietary tech trading system, and I was the front end guy, so I would say pretty proficient with React and Node JS and TypeScript. But, I really wasn't a back end guy. I'd never done anything with Rust, and I actually hadn't really done too much on Solidity at the time yet. I had kicked around a few side projects, but nothing really ever got past just a couple weeks, side hobby sort of deal.Chase (05:54):What I definitely am seeing in this ecosystem, and I think Armani's talked about it a handful of times is that a lot of engineers in Solana are actually Solana natives that have never touched Solidity. They've never owned a MetaMask wallet. Obviously, a lot of these guys are probably some of the more younger guns, even some of the older ones as well, probably for a variety of reasons. But, it's interesting to see technologies that have been around for a while that newer technologies are actually being used and developed on first. It's never really been a thing before. There was always a learning path that was you find out about Bitcoin. You find out about Ethereum. You build on Solidity. Then, you find some other things, and you might jump ship. We're seeing a lot of people that are really just going straight to Solana. You were involved in that space, tasked with finding out what's hot, what's going on, and you saw SBF was building a central limit order book on Solana, and, then, that's kind of what set you in that direction?Brian (06:54):Yeah. I was pretty aware of the Ethereum ecosystem before. We actually were running our own validators for Eth 2 and doing a couple other things as it relates to trading, actually, on Ethereum Mainnet today. For me, personally, I think it was just really an interesting time to dedicate my free time in learning Solana because it felt like there was this new paradigm of blockchain development. A lot of the stuff that was coming out with other earlier ones felt a little bit derivative of Eth, but Solana really felt like it was carving its own path out, and I thought that was worth exploring.At the same time, I could see there was people who had serious credibility in the space who were dedicating their time to it. Then, combined with that, they're just wasn't any resources or really any subject matter experts on it yet. That, to me, was the signal that it is a really good time. I still think it is a fantastic time to just dig my heels in and learn about this. I haven't really looked back since.Chase (07:52):The first time we kind of talked, it was probably early on, and I was really just trying to get a feel for everything. There probably wasn't a ton of information or content. I feel like there was some. You made a note to Mango Markets. What timeframe did you really start paying attention to Solana, not necessarily about what's going on in the ecosystem, but rather start looking at the documentation? Was this super early 2021?Brian (08:18):I had kicked the tires on things at the end of 2020 when Sollet was the only wallet, and there really wasn't anything. But, I think Break Solana was out there, and I think Raydium was out there.Chase (08:29):Serum DEX was also there around that time as well, I believe.Brian (08:32):Yeah, Serum. I had just kind of made a mental note around that time. Things were pretty crazy in the space, too, just everything was going on.Chase (08:40):The market, yeah-Brian (08:41):I was pretty busy at work, but, I would say, when the market kind of cooled off in the summertime is when I, personally, started to dig into the development side a lot more. Mango and Phantom, well, trying that out was definitely just the light bulb moment for me when I saw just how insane that user experience was. What really got me down the rabbit hole of development was following Armani on Twitter. Shout out, Armani's the man, and seeing what he was doing with Anchor, specifically.I had stayed away from the development side of Solana purely because I had told myself, oh, I'm a front end guy. I would have to learn Rust first. Then, I would have to learn all the intricacies of Solana. It's just not worth my time. But, Anchor signaled to me that I could start a side project, and I could get up and running with something quickly. Then, if that was interesting to me, then I could dig in further. That's what I did. I think that's actually a pretty good path for people who are just kicking the tires on Solana development.Chase (09:39):I guess that means that you're pretty much intro journey into development. You went straight for Anchor before you-Brian (09:46):Yep, a hundred percent.Chase (09:48):... because I remember... Was the PDA article you wrote the first article that you had written?Brian (09:52):My first thing I did, I think this was either late August or early September, I just said, I'm going to make a really basic app, like a voting app on Solana, something that everyone's made before, but I'm going to use Anchor to do it. I think, at the time, Nader Dabit had just published his first article, so I was kind of using that as a reference. But, there really wasn't a whole lot about the intricacies of how Anchor related to Solana development, in particular. It was hard for me to wrap my head around the account model, which I think is the biggest thing for most people coming into the space, especially if they're familiar with Ethereum. I had just done a very basic, put a key pair on a node server, spin that up, something you would never want to do in a production app. It worked until the Herokuv server crashed, and then it just was a joke of an app.I couldn't really sleep well. I had written up my experience, but I couldn't really sleep well knowing that that's as far as I got. That's when I dug into PDAs. I really started to understand the account model better on Solana, what that was. I just wrote about that experience, really, selfishly for me just to have a memo on that. Then, I just put it out there, but I found out that a lot of other people were simultaneously going around the same sort of journey. I think that was the article that I really started to get connected with a lot of people in the space.Chase (11:09):I mean, it's pretty typical for a lot of these guys to be documenting their journey. A lot of times that really sparks a revelation for people that I've noticed. It's like, wow, this is super valuable. Then, I want to do it again. It's like, if this is helping people, I'm going to keep deep diving these things. But, it all started with Armani being like, hey, I'm going to make this easier for everybody, and he did. Now, he has a massive community of supporters that are just building on top of Anchor. Was the accounts model in the PDAs... Typically, it is, but, for you, is that specifically was, until you got past that, Solana was pretty hard?Brian (11:47):Yeah. In my mind, I thought it was going to be Rust, especially being a front end dev. It's just the total different world, but-Chase (11:54):The syntax is disgusting when you first look at it, at least in my personal opinion.Brian (11:58):Yeah, you can kind of understand. But, I mean, it really is. If you've never touched Rust, it's not bad. It was nothing that, really, three or four hours worth of just looking over stuff. You can understand the gist of things, which is as much as you really need to get your first app up, which I think is the best way to learn, just by doing. For me, it really was the mental shift of just how does Solana work in the account model because I think everyone's so used to... I have Ethereum address. It has all these coins directly related to it. Then, there's this Ethereum smart contract, and it has its state. It has a counter, and it can do these things. It's really weird to, one, you're already saying, I'm going to go away from this ecosystem. I'm going to look at Solana.But, then, two, a lot of what I have in my head as a mental map doesn't carry over. That seemed like a scary drum. That probably was the hardest thing, but, it's really that account model. I think that once you have a pretty good understanding of that, that's 80% of the work. The rest of the 20% of the work, you'll get over time.Chase (12:58):I mean, if we're talking about Rust Native, and then we're talking about Anchor, Anchor also hides a lot of these issues. You don't have to really worry so much about the serialization piece. Honestly, I don't know very many people that actually even know how to really do that efficiently and effectively in Rust. It's a huge pain in the ass to make that work. Have you done any of the serialization in Rust Native?Brian (13:26):Yeah. I've played around with Borscht a little bit now. I think as far as the whole Anchor versus Solana Native debate, speaking anecdotally, I definitely thought it was easier just to go with Anchor. It lets you focus on what you're building. You don't have to worry about all this stuff like serialization. But, then, I think once you do build something to actually really understand how it works, and if you ever were to actually put any money, your own, let alone other people's money in it, you absolutely should understand how Anchor relates to Solana Native, and why it's doing the things it's doing, what each trait and macro is actually doing under the hood. Then, that just makes you really understand, I think, Solana, all the better.Chase (14:03):There's a couple types of people there. There are the type of person out there that's like, no, I want to start with a base, and then I'm going to work my way up. Those people tend to be the more thorough, take their time, whatever. But, then a lot of others are like, I want to push out an MVP because I want to write code right this second, and then they do it. Then, just general curiosity over time when you feel like you understand a language like Anchor, and you're like, okay, I got this. This is great. Now, I'm actually curious how this works under the hood, so you just go in the reverse direction.Brian (14:38):This is, again, anecdotal, but for people like me, and probably if you're a front end dev, actually, it's really nice to have something tangible where it's like you built this. You can show it to a friend, and they can connect the Devnet Wallet to it, and they can use it. Then, you kind of really understand the tangible value of this new platform that Solana is. Now, you're innately curious of, okay, well how does this actually work? I saw that Anchor does this in less than 50 lines of Rust, but half these lines are macros that I'm not quite sure what they do under the hood. It's very natural, your learning path from there, if you can just get the first project done.Chase (15:15):Have you, to this day, written anything in Rust Native. Have you written any programs?Brian (15:21):No. I've transitioned over more to the web3.js side of things because that's what I'm more comfortable with.Chase (15:28):Okay.Brian (15:29):As you know, recently, I've been spending most of my time on more conceptual stuff like the Solana Cookbook, and I dug in some stuff as well about retrying transactions during network congestion and all that. That's a little bit more, conceptually, how the Solana blockchain works as a whole.Chase (15:42):If you guys didn't know, Brian just released a PDA section to the Solana Cookbook, so check it out. Also, the retry portion. That was actually requested by the Solana core engineer team. They were like, there's a lot of people that don't understand how to manage failed transactions and how to retry them properly.Brian (16:04):Yeah, totally. That's kind of what drew me in to this space is that I had seen people like the core engineering team there, Trent and what Anatoly's built, obviously. But, there's all this amazing tech that these guys have built and they've been so focused on building that no one's really there to tell the story and to help make it more relatable to devs, maybe Web 2.0 devs who are coming in. I've seen a lot of people, and I have friends who maybe aren't full-time crypto who are just like Solana just doesn't work, unplug it and plug it back in kind of a deal, like what's going on there because it's very different from Ethereum.But, in my mind, it's an incredible piece of technology that's been built, and there's reasons why certain things have hiccups at certain times, but it doesn't mean it's a bad design. It just means that we're testing in prod. We're moving this thing pretty fast. What I wanted to do is help shed light what is actually happening because as I learned about it, it gave me more confidence in Solana as a whole, the platform, understanding what the growing pains actually were under the hood.Chase (17:02):Whether people like to admit it or not, every blockchain, in its infancy, has suffered very, very similar problems. They're continuously working to improve this with QUICK and other different options that are going just make this more sustainable. The best thing we can do is be honest about it. We have Solana Docs. They're highly technical documentation. They're not necessarily developer experience friendly unless you're a very specific type of learner with a very large brain. The first time I read it, I probably absorbed 10%. The next time I got another 25%. Then, it took me five or six or seven times before I grasped everything that was happening in there. It serves a very specific purpose. Most of that documentation, the brunt of it, was written years ago by the co-founders. It can use some improvement, but, at the time, we're like let's move fast. Let's get the community contributing and kind of get the Cookbook built out.It turned out really great. It has a half a million page views, just short of half a million, which is insane since that just goes to show you how valuable it is, and how valuable your contributions are. The same reason why we have these little developer advocacy teams that join weekly meetings with us, so they can know what's going on and just help. The goal is to get some experience, and then eventually get hired by whoever you want to get hired by. Luckily for you, that seems to have worked out and that's amazing.Brian (18:25):No, the Cookbook's been an awesome experience, and, definitely, shout out Jacob Creech and Leesam [inaudible 00:18:31] and Loris and Colin and all those people who are working hard on it. It's been very organic, and I think that's kind of true of the whole Solana developer ecosystem as a whole is that it's an aptly named podcast, Chewing Glass. But, there's a reason why people are dedicating their free time outside of work to this because it's really awesome. The Cookbook, in my mind, is the best way if you're sort of on the sidelines, or you've maybe built a small project, and you don't really know how to go from here, getting involved with that is definitely the best move I think you can make. Contributing to the space, as a whole, helping other people learn. The best way I've ever learned is writing for other people. Then, once you do do that, it's really easy to connect with others who are building in the space. There's so much to do that you'll get picked up by somebody, for sure.Chase (19:12):It's kind of crazy. When that Cookbook just exploded, also, shout out the SuperteamDAO for actually helping solve [crosstalk 00:19:20].Brian (19:19):Yeah, totally there.Chase (19:20):They really crushed it. Watching that organic just inflow of people that are like, hey, I'll do this thing. I'll do that thing, and they just did it. For a ghost chain, we actually seem to have a lot of developers in the ecosystem.Brian (19:32):Anecdotally, I've seen just an explosion of people who've reached out to me saying, hey, I read your stuff and I want to learn more. What's the best way to get involved? I think that gut feel of the developer buzz and people who are spending their nights and weekends trying to wrap their head around this. I think that's the best kind of indicator you can really have because, at the end of the day, there's a lot out there. But, if you can get people who are actually interested in putting in the sweat to actually learn about this thing that's not always easy right off the bat, but even if they're just interested in it's going to take mind sharing. That's how we can better.Chase (20:08):Yeah. Every day, I'm blown away, but I don't have to reach out to anybody. It's just all people reaching out. Obviously, I love to hear that they're reaching out to you and everybody in the ecosystem has their DMs open. If you write an article, expect for people to come and ask you for advice, and that tone has been set. It started with Anatoly with this whole openness thing, and him and Raj with their DMs open, went down to me, and then to the community. Then, it just keeps spreading and spreading, and everybody's really just trying, out there, to help each other. Without that sort of kind of vibe, you and I wouldn't have met. We wouldn't have worked together. None of these things would've happened.Brian (20:45):I think that's definitely the most important thing is keeping that vibe set because I could have just as easily gone away, but I hopped in an Anchor discord right when it was just getting started. There's people like Armani, but then others like CQFD and Don Diablo and other people who are in those channels taking time out of their day to help me out. Once I learned it, I felt like I had to pay it forward or wanted to pay it forward really and connect with more people. I think as long as we can keep that momentum going, that's a good thing.Chase (21:18):For sure. You talked about, you were doing some Web 3.0 stuff. You saw that the token program was completely rewritten in TypeScript.Brian (21:25):Yeah. Pretty cool.Chase (21:27):Have you touched that yet? Have you played around with it.Brian (21:28):I played around with it a little bit. Haven't done a whole lot there, but I definitely plan to. I think one of the things that I was most interested in when I came here was Web 3.0, web3.js because it's just so simple. It's like an NPM package or a yarn install. You can get up and running with that. I had an idea of making a little site that was a little bit interactive where you could have a snippet of code, say how to send a SOL to somebody, and then you click that. Then, on the right, it's actually rendering and showing what that actually looks like. But, I think the Cookbook has done a pretty good job. My idea kind of started right around when the Cookbook launched, so I've focused my efforts there, on the Cookbook, but I would say that should be a focus of mine and a bunch of other people who are interested in contributing. It's just improving the developer experience on Web 3.0 right now. There's a lot documentation-wise that I think we could improve.Chase (22:22):Even some of the Solana Program Library, for instance, the Solana Token Program JS library, which they dot bindings in the documentation, that doesn't exist for every program. You would, literally, just have to write your own custom transactions and instructions to be able to use it. We are adding that to our little roadmap. I'm sure there's additional components and extensions we can add to these things. We're working on it.Brian (22:51):I think it's the right time to be contributing towards that kind of shared resource like that. Another one that I found that isn't Solana Native programs, but the Saber team has done a great job with their Saber common repos. I think they've set a really great example for other projects that if they want to win, they got to have the whole ecosystem win. They got to grow the pie, open sourcing code and sharing what you know with people. Everyone I've interacted with across all projects has just been awesome so far. I would really love to see that continue.Chase (23:20):I do this every episode. I'm going to put you on the spot and just kind of ask you, give some advice.Brian (23:27):I thought about this. I'd seen your two other episodes, so I pulled a tweet from Armani, which if I can read here because this is what had actually, finally got me kind of off the couch and contributing. This is September 2021. He says, "For every new technology, the pace of innovation exceeds the pace of education. If there's tons of examples to copy and paste, you're late. If you're confused because there's no docs, good. You've discovered a secret that is yet to be revealed to the rest of the world."I saw that right when I was kicking around the idea of maybe I should make an Anchor thing. Ah, I'm busy. I got all this other stuff. If I got a puppy, all this kind of stuff to take care of. But, I would a hundred percent agree with what he tweeted there. I think that's a legendary tweet. If it's confusing, good. Just keep at it. Then, I would say make a really simple project about as simple as you can. For me, it was an app that basically said, do you like crunchy peanut butter or do you like smooth peanut butter? You connect your Phantom wallet, and you vote for an option. The program records it. It's still live to this day. You can check it out, PBvote.com.Chase (24:32):Nice plug.Brian (24:33):Nice plug for the peanut butter there. I'm not sponsored by any peanut butter companies. But, that, for me, was really what got me going. I had set a deadline. I'd said, okay, I have to have this live in two weeks. I think giving yourself that deadline is actually the most important thing because so many people come in. They say, hey, Solana is cool, but then they get distracted by something else because there's something new happening in this space every day. It's easier to watch the price of things, but sticking to a deadline, and even if you fail, but knowing why you failed.If you're under pressure, and you can get something out in two weeks or less, just write about your journey. Just say this is what I built. It's simple, but it's live. Here's the source code. Here's the link, and this is what worked for me. This is what didn't work for me. This thing sucked. This thing was great. Just create a Twitter and tweet about it. I guarantee if you do that, people will reach out because you've probably touched some piece of code that someone else has written and they want to hear feedback on how that was. Then, you have your own experience you can write about, and maybe you can share something that helps other people build in the space. It's all about contributing really. Once you contribute, other people really want to reach out.Chase (25:39):It really just becomes this perpetual cycle of contributing, sharing. Somebody else uses it, and feels the same way, and it just keeps going you going. That's all we want. I'm just there screaming on Twitter to fuel the fire. You made a great point. Nobody's made that one yet. Bravo to you, not about the peanut butter, but about the fact that set a plan because all of us as engineers, in our past, have been like, I'm going to do this thing. You set no timeframe. You start on it, and then you never get back to it. Then, you have about 500 things that you've started, and then you never touch any of them, so really writing that down, setting that timeframe, setting that goal. You got to find a way to hold yourself accountable.Things I've done in the past, starting Chewing Glass, about starting this show. I didn't ask anybody at the company. I just tweeted, "I'm going to start a podcast." If I didn't, people would start asking me about it later, and then I would look like a liar. I had to do it, so accountability can really come from just tweeting because if people follow you, they're going to throw it in your face one day, and nobody likes that.Brian (26:43):I'd say if you're still listening this podcast, if you've made it this far in Solana, you're interested enough to build something. Build it, and then tweet about it. You probably are interested in following people like Armani, people like Chase, people like Anatoly, and share it. If you build something, people will see it, and then you'll have kind of innate sense of accountability because you'll be connected those people, and you won't want to let them down. It'll just totally consume your life. But, it's awesome.Chase (27:07):By the way, if you build something really cool, or you write something really cool, tag me in it. I'll share it so other people can find it, and then you can inspire other people to-Brian (27:18):Join a hackathon. Win some money.Chase (27:20):Exactly. Anyways, Brian, this was awesome. I'm so glad we got to have this call. Thanks for coming on the show. Thanks for talking to me. Any last words?Brian (27:31):Thank you, Chase. I mean, this whole past couple months has totally exceeded my expectations, and there's real opportunity in this space. I think if you're listening to this, reach out to Chase, build something. He's a man who knows everybody. He can connect you to the right people, and he can teach you a lot. I'm super thankful for knowing him, and I'm super thankful for this space.Chase (27:51):All right, man. Have a good one. Cheers.

Heute gibt es unsere Folge Nummer 5 und erklären die DeGods NFT sowie das DeDao. Was ist überhaupt ein NFT DAO? Und wieso steigt der Wert…

The Metaverse Cryptocurrency market continues to be dominated by traders and investors looking for the next big thing. While there are already a number of successful multi-billion dollar Metaverse cryptocurrency initiatives on the market, such as Decentraland and The Sandbox, there are also a number of underappreciated and undervalued projects worth monitoring. This article examines our selection of the best five Metaverse crypto coins with a unit price less than $0.09 to watch in March 2022, ranked from lowest to highest by current price.  #5 Star Atlas (ATLAS): $0.02941 Star Atlas (ATLAS) is a major Solana-based Metaverse cryptocurrency that was launched in September 2021. Although its Metaverse is still under development, it already has one of the most robust communities behind it.  Star Atlas is developing a space-themed strategy game that will enable players to earn a living in the Metaverse. It currently has a very active NFT marketplace that users can explore.  To access the Star Atlas Metaverse, users must connect using a Solana-compatible wallet such as Phantom. Diverse ships, constructions, resources, and treasures are accessible.  The NFT Marketplace at Star Atlas features an innovative order book-style bidding system that enables traders to bid on NFTs in a manner similar to how standard cryptocurrency exchanges operate.  Star Atlas's economy is based on a dual token ecosystem comprised of the POLIS and ATLAS digital currencies. The native utility asset is ATLAS, whereas the governance token is POLIS.  Star Atlas is one of the most anticipated projects on the market and is one to keep an eye on in March 2022.  ATLAS is available for purchase via Solana-based exchanges such as Raydium and FTX.  #4 RFOX: $0.0507 RFOX, alias RedFox Labs, will launch in November 2020 with the goal of being the global leader in next-generation immersive Metaverse experiences focused on media, gaming, and incentives.  RedFox Labs' ecosystem is powered by its own coin, RFOX. RFOX's primary utilities are the acquisition of NFTs, trading commissions, and liquidity pools.  Additionally, RFOX has the RFOXVALT, a virtual shopping mall including 25 retailers. RFOXVALT will offer a next-generation virtual shopping experience with the goal of transforming the way we purchase online.  RFOX may be purchased on Uniswap, Gate.io, and KuCoin, among others.  #3 Metahero (HERO): $0.05728 Metahero (HERO), launched in July 2021, is one of the most undervalued projects on this list, with one of the most robust communities. Metahero is building an ultra-realistic Metaverse that will allow users to scan themselves and other physical objects and import them into the digital world.  Metahero collaborated with Wolf Digital World (WDW), the market leader in 3D scanning technology, which is used by AAA gaming studios such as CD Project RED, creators of Cyberpunk 2077 and The Witcher series.  Metahero's Metaverse is called Everdome, and it is populated by its DOME token. Everdome just raised over $9.5 million in its presale, and the company recently announced ambitions to conduct a Mars mission from the UAE.  The native utility asset of Metahero is HERO, which will be used to pay for scanning and other services.  You can purchase HERO on a variety of exchanges, including Gate.io, PancakeSwap, KuCoin, LBank, Biswap, and CoinEx.  #2 Genesis Worlds (GENESIS): $0.06177 Genesis Worlds (GENESIS), which will launch its token in November 2021, is another extremely underappreciated Metaverse crypto coin that has an RPG-style game that incorporates the current crypto trends like as gaming, NFTs, and DeFi. Genesis Worlds will be home to a variety of Metaverses, each of which will feature its own blockchain-based play-to-earn game.  The platform's native utility asset is named GENESIS, and it is based on Polygon. Several GENESIS utilities include the ability for holders to engage in the project's governance, the ability to receive rewards through staking, and much more.  Additionally, Genesis Worlds will include a marketplace for NFT. At the moment, users can acquire Mining Claims by connecting to GENESIS via a Web3 wallet such as MetaMask.  Users can mine GENESIS coins using Genesis Mining Claim NFTs. Each Mining Claim NFT is accompanied by a three-dimensional concept model of the World. Amass Mining Claims in all of your favourite Worlds and create a one-of-a-kind portfolio. The longer people retain their Mining Claims, and the more Mining Claims you possess, the more GENESIS will be mined.  In general, Genesis Worlds is a must-watch in March 2022 due to the unique prizes that their mining NFTs enable customers to obtain. If you're interested in generating passive income using NFTs, you must visit Genesis Worlds.  At the moment, GENESIS is only available via QuickSwap.  #1 ZooKeeper (ZOO): $0.08521 ZooKeeper, which will launch in April 2021, is a Gamified Yield Farming software that transforms DeFi into a fun and engaging game. The platform integrates cutting-edge cryptocurrency technologies such as NFTs, DeFi, GameFi, and Metaverse.  ZooKeeper has a sophisticated ecosystem, which includes a decentralised exchange and an automated market maker built on the Wanchain blockchain. Users can earn both ZOO and WASP tokens through ZooKeeper's mining system. Users can earn incentives by supplying the network with liquidity in the form of stablecoins such as USDC and USDT. Other forms of payment are also accepted. ZOO is the platform's original utility asset, allowing users to earn rewards for supplying liquidity.  ZOO is available for purchase on Wanswap and Bitrue.   Support us!

In this episode, Dan Albert (Executive Director), Lily Liu (President) and Mable Jiang (Board Member) discuss the role of the Solana Foundation in advancing the Solana protocol and ecosystem with support and initiatives around the world. Austin Federa (Head of Communications, Solana Labs) guest hosts. 0:43 - Intros / Roles3:13 - The appeal of working at the foundation level07:48 - Establishing scope for the foundation12:42 - What's working in the ecosystem?20:01 - From the ecosystem to the foundation21:21 - Growing Solana in new markets33:50 - Shared Ownership of the network36:21 - Predictions for 2022 in crypto and web 3.0DISCLAIMERThe information on this podcast is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose.The information contained in or provided from or through this podcast is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice.The information on this podcast is general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this podcast without undertaking independent due diligence and consultation with a professional broker or financial advisor. Austin Federa (00:10):Welcome to the Solana podcast. I'm Austin Federa filling in as guest host today. We spend a lot of time on the show talking to founders and builders in the space, people building on the Solana blockchain or otherwise involved in the Solana ecosystem. But today we're actually going to be talking about a different component, which is the Solana Foundation. Today with us, we have Dan who's the executive director of the Solana Foundation. We have Lily, who's the president of the Solana Foundation and Mabel, who's one of the board members of the Solana Foundation. Welcome to the Solana podcast, guys.Lily (00:39):Thanks for having us.Dan (00:40):Great to be here.Mabel (00:41):Thank you.Austin Federa (00:42):All right, Dan, let's start out with you. Tell me a little bit about what the Solana Foundation's role is in the ecosystem.Dan (00:49):Sure. The foundation is really here to help foster the growth of the Solana network and really the Solana ecosystem kind of in broad strokes at the highest level, what can we do to make sure that the Solana network continues to grow in the most kind of sustainable and decentralized manner as possible? And how can we provide resources and help the community grow to onboard the next or the first billion users to the Solana ecosystem and crypto in general?Austin Federa (01:24):Lily, what attracted you to the Solana Foundation? And how did you get involved in it?Lily (01:30):Well, I've been in the crypto ecosystem for a little bit and I must confess that in 2018, 2019, I actually spent a good bit of time being a Bitcoin maxi. And then I even was part of Little Bitcoin Book and which is not to say, sometimes I feel like people in crypto are a little bit maybe too tribal, which is not to say I don't love Bitcoin. I still consider Bitcoin to be king. But when I took a little bit of time out of crypto, when I came back to crypto, I started just using a lot of the apps that had sort of emerged out of DeFi Summer and I was totally floored by using Raydium in April. I really could not stop talking about it for just about a month because it was very squarely Web 3.0 but it felt like Web 2.0 and it was just so obvious to me at that moment that this was going to be how the next billion people, if we were going to get a billion people into crypto, anytime soon it was going to be on Solana.Solana to me is just such a unique combination of being technically so innovative but at the same time, really understanding that to bring people into the ecosystem, it has to be a good experience. And sometimes for your end user, it really just is as simple as saying, "It's fast and cheap." And that's why ethernet is just better than 56K modems. And sometimes it just has to be that simple to the end user if you're going to appeal to a billion people.Austin Federa (02:48):Yeah, I completely agree with you. There's been so many of those moments I've sort of heard over the last year of people just trying something on Solana and having this experience of, oh, it just works. It's fast. It feels like a Web 2.0 application but it's delivered in a fully decentralized way. Just based on that, what was the decision in your mind to, tons of people have that experience, they go build something, they go work for a company building in the space in terms of a service provider company. What was the sort of appeal of something that's more at the foundation level?Lily (03:19):To me, I think that, I come from a background where I spent a lot of time, I originally started working in more traditional industries. I worked in McKinsey, I worked at KKR and I kind of fell into Bitcoin back in 2013, 2014, which at the time was not a very obvious thing to do. And so for me, I think one of the things that I maybe add to the ecosystem is helping run effective organizations and thinking about sort of how to scale a commercial kind of go to market strategy and having been in the ecosystem for a little bit. And so for me, what's always attracted to me to crypto and Web 3.0, is these kind of new ultimately end user experiences that you enable for, not just those of us who've been kind of nerding out over technical sort of minutia left and right but really making that accessible and available.Lily (04:17):Some of the things that I'm really excited about facilitating through the foundation is kind of new markets growth outside of the US, outside of Europe, outside of the parts of East Asia that are already very familiar with cryptocurrency. And to me, it's so clear that if these types of applications, call it DeFi or sort of more metaverse or social or NFTs are going to take hold, then it's most likely going to start on Solana first. And so just being a part of that and sort of making that more accessible to a broader rate of people is really what's exciting to me.Austin Federa (04:51):And Mabel, you tell us a little bit about your path to becoming a board member at the Solana Foundation.Mabel (04:57):I think among all the people here, I probably joined the board the earliest. I joined when the board started, the foundation started. That kind of history just goes back to when I think before the token launch of Solana happened to that Anatoly and Raj, they were in China and in East Asia. And then that was even before my time joining Multicoin. I met them, obviously at that point it was 2019 and then it wasn't really easy to raise fund for sure. But then we kind of just happened to hang out a lot in Shanghai, in Seoul. I think another places like Beijing and whatever. And then we spent a bunch of time over those three weeks and then talked about, oh, how do I think about or how do we usually think about go to market strategies for public chains? And then how do people really differentiate one smart contract from the other?When they go back to San Francisco, they ask, "Can you maybe write us some sort of expansion or kind of go to market plan for Solana in East Asia?" And I did that. That was right around the time when they're forming a board for the foundation. And then, that's also around the time when I joined Multicoin. They invited, it's like since you're part of the ecosystem and then you are pretty unique kind of position compared to some of the other board members, are you interested to kind of help Solana Foundation or raising the Solana awareness in a global sense? I was like, oh, that was really interesting in a differentiated way to contribute to the ecosystem so I said, yes.Since then, that was start of 2020. Since then over now, I've been doing quite a bit of things, always related to those lines, raising the awareness for Solana in China specifically because that's where I'm sitting. And also in some other places in Asia and also try to just kind of talk to different projects in multiple different ecosystem. And obviously now it's a multi chain world and then people would have different trade offs, like when to choose different things. But when they learn about Solana and learn about why they're optimizing certain things in the design, they're always willing to try it because back in 2020, there aren't that many people know about it. I think the first step really is just to having people understand how the system works and whatnot. I've been doing quite a bit of those. I think that's kind of my experience involved with Solana Foundation.Austin Federa (07:31):And Dan, as you kind of think about your role as the sort of executive director at the Solana Foundation, how do you define scope for an organization like that? What are the sort of things you're thinking about when you're thinking about initiatives that the foundation is engaging in or things the foundation is not doing and shouldn't be doing in your view?Dan (07:52):Yeah, that's an excellent question. Really, I see it as two primary areas of focus with kind of the overarching goal being broad growth of the network and the community itself without an eye towards turning a profit for the foundation. This is a nonprofit organization. We're not taking any equity investments or really taking the position to be picking winners. There's plenty of incredible innovation that's happening on Solana, lots of competing projects, lots of new stuff. And the foundation really wants to position itself to support, really talking how to provide support equally for everyone in the ecosystem. And so one of the primary thrusts, one of our main operational kind of focus points these days is really on growing the network itself from an infrastructure standpoint. That's really been my personal area of focus for really a long time now is how can we get the most number of high quality validator operators, the most humans running the most number of nodes, be it validators or RPC nodes, which serve as the API endpoints or API gateways for applications using the Solana network?And to that end, the foundation has rolled out a number of programs, really leveraging kind of the foundation's holdings of tokens, which are really allocated to grow the community and grow the network. Kind of as I see it, I don't know, maybe a bit of a personal tangent here. I originally started engaging with Solana in early 2019. I was working on the engineering team at Solana Labs and it was early stage startup. We hadn't even launched the Testnet yet, just kind of scrappy early days, trying to get everyone to understand and hey, proof of history is a real thing. We're really going to prove out this tech. And one of the things that was really hard was trying to get people to run validators. A lot of our early stage validators that helped us launch Testnet for the very first time and get Mainnet off the ground were a lot of them came from the Cosmos ecosystem.And so, we have a lot of these kind of OG longstanding validators who really helped get the Solana network off the ground came from standing on the shoulders of giants. The Cosmos ecosystem brought so much innovation to the proof of stake universe and kind of where this ties back to, in early days, myself and a couple of the early labs employees in true startup fashion, we were actually working out of one of the co-founder's basements and we hand built some of the first bare metal validators to run on the Solana network. Ordering parts on the internet, showing up in a bunch of boxes and just going forward kind of hacking on the hardware, trying to see how much performance we can squeeze out of these individual machines.We went and installed them in a data center here in the Colorado area and those nodes are still running today. Some of them are pointed at Mainnet, some of them are Testnet. And that was sort of the, I don't know, the genesis of, at least for me personally, a lot of my personal investment in seeing the growth of the validator ecosystem on Solana, having kind of physically hooked up and bootstrapped some of the first ones. And now having transitioned earlier this year to take on this role at the foundation, we maintain a program for anyone who wants to run a validator, can engage with tier one data centers all over the world that the foundation has. We've really kind of went to bat for our validator community and helped a lot of these infrastructure providers understand that, yeah, it takes a lot of horsepower to run a node on Solana and it can be hard to get your hands on some of these machines.And so in working with some of these execs at some of these older school, I'll say more traditional telco or infrastructure oriented companies, helping them to understand the value of what a powerful and secure and distributed Solana infrastructure ecosystem looks like, that's really been an exciting kind of growth track, I think for the foundation in helping to bring more hardware online and helping more people to learn to run it and get more nodes running and keep the network flying.Austin Federa (12:16):Yeah, I love the parallels to the Cosmos ecosystem being a validator ecosystem being early, early supporters of that because of course, Tendermint is also notoriously computationally intensive and runs better on bare metal than cloud so it seems like a very natural validator group to bring over in the early days.Lily, from your view, as looking over the ecosystem, what are the parts you see that are working really well in the Solana ecosystem? What do you see are areas, be it tooling, Dan talked a little about infrastructure, areas in which the foundation can make a difference in help evolving?Lily (12:53):What I think is going quite well right now is a lot of the interest in the energy and kind of the inbound on various stakeholder groups within the community. I think there's a lot of excitement from a general audience also because it's very accessible to a general audience. Again, as we were saying earlier, if it costs dollars versus hundreds of dollars to mint an NFT, that's a very meaningful difference to many people. I think general awareness has been amazing. I think there's a lot of increased developer interest and accessibility. And if you look at sort of the hackathons that we've had, probably every two or three months, three or four months in the ecosystem, the number of sort of people who are new to Web 3.0 that are starting with Solana, I think is really impressive and has grown tremendously in a very short period of time.We want to continue to extend that in various ways. And we've got a number of ideas as to sort of increasing the accessibility to even a retail audience, putting out sort of better documentation, better tooling to continue sort of onboard both maybe existing Web 3.0 developers who might be building in solidity or on sort of an EVM type environment. As well as, increasingly there's pretty substantial influx of folks coming over from Web 2.0 and thinking about where to get started and are starting off by making choices between essentially now it's really solidity or Rust and Rust, implicitly sort of Solana. And so I think that we can continue to invest in various ways of sort of helping people start within the Solana ecosystem. And I think that because Solana has grown so quickly in a very short period of time, there are also sort of ecosystem tools that are catching up right now.One thing that we hear a lot about is kind of indexing within Solana is something that we can probably improve as a community, data analytics on Solana, given that a lot of the applications are very sort of more consumer retail audience oriented is something that I think is also, actively being worked on. And so those are of the sort of near term things that people are thinking about. Obviously with the pretty tremendous growth of the ecosystem, also making it easier for people to run nodes, have access to baseline infrastructure. That's also something we've invested tremendous resources on through data center partnerships and it's known that Solana some higher hardware requirements but we've invested a lot to try to take down those various barriers. Those are some of the things that we've been thinking about.Dan (15:38):Yeah. And I would actually just kind of add to that. Some people do like to kind of harp on the interesting hardware requirements or high end hardware requirements for Solana. In the broad scope of things, when kind of the history is written about at these sorts of things, it's like, this is going to be something that's in a number of years or maybe even just a couple years, it's going to run on whatever machine you want to plug in to your home. We do have some validators that are running infrastructure out of their home. Some people choose to run in data centers. Some people do, God bless them, choose to run it in the cloud. But I think to Lily's point regarding the incredibly rapid growth of the Solana ecosystem, I think one area where we're really starting to dedicate more resources, particularly me personally and from the foundation side is on helping more people understand what Solana infrastructure really looks like.We've seen Tremendous resources and the developer relations team has put out incredible resources for new developers for Web 3.0 but the kind of tooling and community knowledge base of what does it take to run a good validator? And what does it mean to run a validator? Why should I care? I think it has a little ways to go in sort of advancing that narrative a little bit. In particular to lower the barrier to entry from, oh, you must be a sysadmin or a DevOps expert to, what I'd really love to see is all of these Web 3.0 teams and Web 3.0 app developers who are having a great time enjoying Solana and building on Solana, also participate in running the network that they so appreciate. I'd love to see more community buy in of teams that are vested in their project being built on top of a working Solana to help Solana run.What we've seen, even in just the last couple weeks or so, a number of these sort of NFT based Dow communities that have popped up on Solana over the last six months or so have started really taking this message to heart and are launching their own validator, which is just really cool to see. I know, I think Monkeydow claims the title of first Dow to launch a validator on Solana. I know the Degen Apes and the Degen community have also launched. And so it's just really cool to see these communities that really organically popped up around people enjoying NFTs and collecting these cool RNFTs that kind of blew up on Solana this summer now really starting to take a stake in the consensus and ownership and management of the network itself. And so I'm really excited to see that to start happen and really something I want to hope that the foundation can foster. And it's just something I also am excited to see the community really kind of taking it into their own hands more.Austin Federa (18:39):Yeah. I kind of love that, that it's so easy, even a monkey can do it. Is kind of the tagline there.Dan (18:47):It's perfect.Austin Federa (18:48):And the other, the Degen Apes, which are famous for having probably the least technically successful NFT launch to ever have been done by any organization have now their own validator. It's a good testament to how far we've come.Dan (19:02):It was incredible. It was such a struggle. There were all sorts of technical issues, like with the Metaplex standard had recently rolled out. They had various challenges with the mints and it was this saga that we all kind of watched unfold on Twitter and on all these channels over a number of days. And I got to give them credit. There were frustration, there was joy, there were tears. And it came out with one of the most unique, strong, enthusiastic communities on Solana having kind of gone through the fire of this rocky birth that was the minting process. More power to them. I just thought it was just so cool.Austin Federa (19:48):Yeah. I love how that all gets constructed. Kind of, along those lines, you Dan, you came initially from Solana Labs, you were one of the early engineers in the ecosystem. You're now working at the foundation. What's that transition been like? How closely do you still work with people like Raj and Anatoly? What's that relationship like?Dan (20:08):Yeah. I think the working relationship it's really interesting. There has been obviously, Solana, the whole network was built and originally launched, all the code came out of Solana Labs, where Raj and Toly run the organization. And they're obviously major players in the Solana ecosystem. This is the vision and the hustle that they've really brought to the table has been instrumental in kind of getting the whole community and the whole Solana ecosystem and the tech stack to really where it is today I think. Where we relate from the foundation is as sort of industry peers, I would say, sure, I talk to Raj and Toly, I talk with a lot of the ecosystem teams, I talk with our board and Lily and so many people that have an interest in Solana's success on the broadest terms and that's to really what the foundation is here to foster. As we continue to grow and expand and evolve our kind of working relationships with a lot of these organizations, I think just continues to evolve and expand.Austin Federa (21:22):And Mabel, looking at, you mentioned a bunch of the work you were doing was helping grow Solana in new markets. Can you talk a little bit about that? And I think, a lot of people, especially who are not working in the region, there's a lot of information around whether cryptocurrency is going to be banned in India or China, sort of how do you view some of those approaches?Mabel (21:44):Yeah, definitely. I'll answer the first part of the questions. I think it's going to be pretty much the same line as what Lily and Dan just mentioned but I'll kind of carve out those into details. I'd say, at the beginning you are also, you definitely need to engage a lot of these staking facilities but these people here it's quite differentiated because many of them are running the mining pools, meaning the proof of work mining pools. I remember back in the days, in 2019, 2020, we were talking to a bunch of those and happened to be that a lot of those are just crashing their wifi in the office. It's pretty funny. But at the same time, Dom who's from Solana Labs, we're trying to age of all of these mining pools and then we're just giving out some of those GPUs.But I think that's in the past. Now a lot more validators are actually starting from East Asia. I think there's some problem with in the past, with your location being far from the US so that's it's harder because Amazon cloud and whatnot but I think basically there's what Dan mentioned earlier, I think this will be a problem that can be solved in the future. I thought that was a pretty interesting thing to bootstrap at the beginning. And then the other things like wallets and non-custodial wallets, custodial wallets, because I think for East Asian crypto, you can never kind of ignore the centralized parties and players, especially I think in the past 24 month all the way till the next 12 month or whatever. I think a lot of those custodial wallets, including some of those exchanges, it was a lot of very pivotal work to try to engage them to support Solana, to support STL, USDC, USCT and a lot of the other stablecoins. I think, those steps that we were able to achieve in the past year in order to get a lot of these centralized exchanges to support those, I think that's also pretty interesting.Mabel (23:50):I think the other thing is that you just generally need to go to wherever because like back in the days in 2 18, 19 and 20, not that many groups are fully aware of how Solana works or even if it's like in Rust, I think people here I'd say safely were more familiar with things like Polkadot than Solana back in the days. Talking to some of those developers and just telling them, there's a few different options and then go to some of the hackathons or just developer meetups or even just the Rust China conferences, and then to promote about it. Justin Stery, he spoke there. A lot of these engagement opportunities definitely helped over the past two years for Solana to really get the writers here.I think that work still continue. And I think I believe that there will be a lot more application focused developers coming over, given from the history of Web 2.0, you see a lot of your infrastructure was built in the West but then application wise actually quite a few of them came from the East. I think, for Solana, for anything that's building on top of the smart contract platform, we could probably spec on the same track. You'll see a lot of people are going to build on top. Now once all of these are available.I think one interesting thing is that for things like wallet, you have Phantom for browser because I think in the West, people are pretty used to using browser wallet but I think here in the East, you also need something that has really good user experience and people like to go mobile first. And that's why Slope Finance, which is one of the leading mobile wallet for Solana in China, they were doing really well because they understand the user behavior and all of those to deliver to the specific audience. I thought this is like quite interesting how you will need to focus on specific areas, the same thing for East and West but then you want to make sure that people get to have the best culturally fitting choices for them so that way you can actually get it around.And then to answer the second part of the questions, so I actually the other day had a tweet about similar lines. There's a lot of Web 2.0 venture capitals and then some of the other funded funds, they're trying to deploy money and then we're asking it's still East Asia or some of the other places around still relevant because of the policy. The way I read this is that crypto is really global. I understand that there's certain restriction for developers to issue cryptocurrencies in China or in some of the other countries. However, I think the language circle and then user behavior, what I just mentioned was always going to be something more pivotal than the actual restriction. These people will move to somewhere else in Asia but they will continue to build. And then for people who want to use the kind of user experience for those products who are sitting here.I think crypto liquidity is global but user experience is always regional. And I think, if you're growing an ecosystem, you can't ignore that. I'd say I'm still bullish. And I think people are recognizing some a lot of those things are just better built on Solana because it's higher performance. And then at the end, it's just about how you make sure that you are compliant to the place that you are at. And then not definitely go with the compliance part but then also not hindering yourself building.Austin Federa (27:23):Lily, Dan, do you have anything to add on growth in new markets and that process?Lily (27:29):Yeah. On new markets, we started to invest in building out the ecosystem in India, back in June and July. And it's no secret, there's extremely large both user bases and also developer communities. I think in the most recent hackathon, after the US, the second largest contributor of developers, developer submissions to the hackathon was from India. And I think Indonesia was in the top four as well. And so I think as we continue to look to Eastern Europe, for example, Latin America, Africa, some of the early narratives as to what applications would be unique and sort of the 10X type of functionality on crypto, have been talked about and written about for years, if not decades. And for example, payment applications Which become supercharged when you take DeFi functionality, global liquidity pools and they make that adjacent to an actual you potentially consumer transaction.And I think that that to me, it's very clear that that's going to happen on Solana first. And so, what I'm particularly excited about is some of those seemingly sort of everyday type of transactions but those actually becoming very unique when you, for example, can take a stablecoin and have a Venmo feeling type of transaction or a WeChat pay feeling type of transaction but it's actually fully decentralized, fully on chain and also comes with a potentially a suite of financial services that are kind of baked into the ecosystem adjacent to that. I think those are the types of things that are going to resonate hugely in emerging markets, in new markets. And those are some of the things that I'm excited about maybe exploring in new markets.Austin Federa (29:10):Yeah. I do love how sort of culturally infectious the crypto mindset is. That to use a network, you also have to be an owner of the network and that the success of the network and the success of you as a user are tied in a way that they're really not in the setup of a stock corporation or something along those lines. You can sort of think of these things in some ways as giant digital co-ops that are all working towards this goal. It's really interesting to kind of hear that. And I'm really curious to see in the future, how that starts influencing culture. I think we're already seeing crypto just barely start to influence culture and that might take off a bit in the future. Be interesting to see.Lily (29:54):I think it is. And I think what's under the surface with crypto but what rapidly rises to the surface is that it's been talked about, written about philosophically for a very, very long time, this whole idea of a veil of ignorance, that your opportunity set is determined in large part sort of where you're geographically born today, rather than you know who you are as a person and what's in your heart and what's in your mind. And with crypto, you sort of have this radical accessibility. It's almost sort of radical equality if you will, in a way that we haven't really observed in a long time. And so I think that's really upending in so many different ways and that for me is a big part of why I continue to be interested in cryptocurrency. And also why I think Solana is really going to be at the forefront of that because all of those sorts of ideas, the accessibility, the sort of the very concept of why Web 3.0 is important and where people are most likely to get started on that today is the sort of general awareness funnels.People will hear about Bitcoin. They'll learn about Bitcoin. They'll learn about store value and people will resonate with that. Your average person will resonate with that because it sounds so much like digital goals. But then once they start to learn about Bitcoin, they're like, okay, I've bought it, I get it. It's kind of like gold for the digital age. What's next? Well can I do DeFi on Bitcoin? Eh, no, not really. Lightning, we've been talking about it since 2015. Soon.And then very quickly from there, people move on to, okay, well here, well that's really amazing. These sort of new applications. And I have some friends who bought NFTs and then they click a button and it's a $100 later. Gosh. Oh, that was painful. And I think that's kind of what a number of people have gone through so far. And so people sort of get onboarded to why this is important, why this is really sort of very exciting and part of the future. And then eventually what I've seen is so many people sort of end up with being in the Solana ecosystem. I guess what I'm excited about is accelerating that and maybe making it a little bit less of a circuitous journey.Mabel (31:59):I have a story to share related to what we were talking about here. I think, I now all of these protocols are starting to talk about Shopify type of experience, which is you have an underlying protocol and then you just have different ends. You just host a different way. It's actually not just for the cultural purpose. One story was shared by Roneil who's the co-founder of Audius, last week with me. He was saying that he realized because Audius is actually not, I think the main front end was not allowed in China at some point but then somebody actually set up a separate front end that's actually and filter out and then based on whatever the local compliance should be let a whole thing run. That front end actually works.He was exactly kind of explaining to me how he was amazed by Audius should be the underlying protocol and then it should be determined by the front end itself on the ground, what to feature versus not. And everybody can have their own choices. That's a freedom choice. Nobody's going to question that. I thought that was like really amazing. It's definitely beat beyond just kind of I think this is really relevant to what we were talking about earlier because I think for Solana, it's the same thing, a lot of the things. It may not be compliant for a certain reason in the region but I think at the end it's about the front end. It's not about the protocol. The protocol should be permissionless. Anyone else can just do whatever they want but for the ones that you want to make it work for a certain region, you can just do that. I thought that was really, really amazing and very unique about crypto.Austin Federa (33:30):Yeah. I love that, that sort of view that because of the financial incentives with crypto, you can decouple the application layer from the protocol layer, that those two things can be separate. This is in some ways, this is the dream of Twitter. We had this glorious few years where there were all these Twitter clients and then it all got, because the app engine was introduced, it all got consolidated down to twitter.com and the Twitter mobile apps. And RIP all of our favorite Twitter clients from back in the day. I love that, that the way this technology is built, it allows you to really separate those two things at origin, as opposed to having to think about the business models that support that over the long term.Dan (34:09):I would actually add, I think there's interesting things happening, both in the decoupling of that, like you said, the application and the protocol there but also an interesting sort of coupling there kind of to Lily's point about this shared ownership of the success of the project. And that's really this kind of shared ownership of the network is really the kind of core underpinning, this core idea that underpins this idea of staking on a proof of steak network. Which is your success is tied to the success and this really the security of the network. And what we're starting to see now are applications and DeFi applications, particularly stake pools that have recently launched on Solana that really bring the ability to participate in the shared security and shared ownership of the network to the application layer.There have been a bunch of community launched stake pools. There's some private stake pools. The foundation is in the process of transitioning its entire treasury over to stake pools, which are really this, I think we did a whole podcast episode on this recently so I won't belabor the technical details here but basically it gives people an easy way to enter and exit from a liquid position, which is actively helping to secure the network via staking to various validators in the underlying smart contract. But what I think is really interesting about this is we're starting to see these public stake pools that pop up, Marinade Finance, JPool, Socient, Lido and a few others that are really bringing the application experience, that really slick, fast, fast and cheap promise of what does it feel like to just use a useful service built on top of Solana and oh, how cool that a normal user can transact in these stake pool tokens rather than unstaked SOL.And I think we recently saw the first, there was an NFT sale or an NFT mint that was accepting stake pool tokens, a staked SOL positions, rather unstaked SOL. So we're starting to see this adoption of people who are not only just developing apps and playing around on the application layer but also recognizing that there's tremendous value in sort of moving the denominator of how we transact value on Solana to be pegged to the participation of securing the network itself.Austin Federa (36:40):Yeah, that's a really great point. Looking forwards, Looking into this year of 2022, what are the things that you see in Web 3.0 and crypto that have potential that could become trends that are going to advance and increase? I'll kind of start out. One of my big ones that I think is we're going to see a lot of the sort of tech-ish companies adopting decentralized Web 3.0 technologies as a competitive advantage to compete with a lot of vertically integrated companies. I think you're going to see a lot in payroll. You're going to see a lot in merchant payments, concert tickets. These companies that don't have platform scale are going to look to Web 3.0 as a competitive advantage. And you might see that role into the rest of the ecosystem. Dan, I'm curious kind of what your thoughts are. And we'll just go around the room here.Dan (37:30):Yeah, I think your spot on there, Austin. And I think one of the things that's really going to help unlock that is these sort of higher levels of abstraction of developer tooling and more sort of almost enterprise API access, if you will, to provide a more Web 2.0 like interface experience that someone could just plug in and it's Solana as a service. There's your SaaS for 2022 and it's instant settlement in stablecoins on Solana but no one needs to worry about the fact that it's a stablecoin on Solana. It's they integrate this API and the money transfers or the token transfers from merchant to customer or vendor to seller, whoever, immediately. I think that starting to see people using crypto and using blockchain without realizing that they're using a blockchain technology.Austin Federa (38:22):Lily, what are your 2022 predictions?Lily (38:25):I think industry wide I'm with you that Web 3.0 is going to become the starting point rather than sort of the periphery. I think that we're well on our way where Web 3.0 is going to sort of foment this decentralized center. And I think that there's a few things that are sort of going to happen alongside, in my perspective. One is this kind of movement towards multichain slash interchain future is just accelerating. I think that there's a few sort of different consolations within the ecosystem. There's clearly sort of the EVM world which we're going to have a connection to through Neon EVM. There's a lot of sort of obviously energy within Solana. There's some other, IBC, we talked about Cosmos a little a bit is probably another sort of approach within that and then connectors within these.And so I think there's various foci that are going to emerge there and increasingly there is going to be sort of those sort of layer ones are actually, I think, going to be abstracted away over time as they probably should be when you talk about sort of appeal to your average person. I think that another theme that I see emerging is as more institutions want to get into this and compliance with existing regulatory frameworks, institutional KYC and tooling to allow institutions to participate in decentralized liquidity pools, which I think is going to be pretty exciting. And so that's where the existing world is actually going to start getting onboarded in earnest into Web 3.0. That's going to be quite interesting.I think with that, there's a big theme around a sort of identity and privacy and on chain identity and having a little bit more control over your data on chain is another big thing, the theme that's going to evolve. And then, certainly in a consumer area, I think that NFTs went from being a very analog sort of digital representation of physical art and have now morphed into basically being the entry point into sort of Web 3.0 communities and metaverse and these kind of almost new communities, dare I say civilizations that are starting to sprout online. And so those are some of the from the more institutional to the more consumer, I think there's just so much happening out there. That's all really just going to continue to develop at a rapid pace in 2022.Austin Federa (40:49):And Mabel, what do you see for 2022?Mabel (40:51):Yeah. I'd like to maybe talk a little bit more about the application as in the middleware layer. Especially the crypto native ones. We've seen a lot of DeFi activities, 2020, 2021 for on Solana specifically because people like how fast transactions are like. But I think what's more excited, also something that I've been spending a lot of time thinking about and then exploring is that the actual kind of Web 3.0 application experience, what does that mean? People have been talking about metaverse so to speak for a long time but the things people can do beyond finance is never really happening before but I think there are, we've seen from a lot of the recent hackathons that you'll have address to address IM protocols, you have some of the Web 3.0 social graph where you can just basically have the relationship you with another person.And then another, some of the other things open C collections or some of the other things that you did. And then you also have things like on chain credentialing protocols. All of these, we are seeing them happening on Solana. And then with all of these composable, with each other, you can actually see that you have relationship between people in a game, for example. Or when you bootstrap a new application with the social graph, you can you customize the front page that you push to the users based on the social graph because like you have all those data. Obviously what Lily said about privacy preservation was very, very important. You don't want to share everything, which kind of it's kind of against the purpose but I think the idea is that for Web 3.0, you own the data.You are the one who approves the blockchain or whoever else to access your data of all eth and you control whether you approve someone to be your public connected contact. And then things like on chain credentials, you can prove, what are some of your achievements based on the contribution off chain. At this court discussion or things like whatever you've provided liquidity in the past for certain period of time or you just basically voted every single time in the community snapshot. All of these become your kind of on chain resumes or on chain badges that can later on help whatever you prioritize into a community. It's the such thing we call gated community. I think all of these are coming together. We're going to see actual consumer experience available on Solana. I thought that was extremely exciting because I think with all of these enabled, people will have no difference of experience compared to some of the other Web 2.0 application experience. I thought that's going to be very huge.Austin Federa (43:35):Well, thank you all for joining us today. It's fun to talk about some of these things that are not quite as pressing, as user facing that developers aren't picking up and doing but are nonetheless integral to the network and it's growth and its future. And I think it's really fun to talk with the names and some of the people behind the Solana Foundation. Thanks for joining us today.Lily (44:00):Thanks for having us, Austin.Mabel (44:01):Thank you.Dan (44:02):Great to be here. Thanks a lot.

Hey friends….. How's your week going. It's the middle of the week so only a few days until the weekend. This is the first episode  of our SOLI focused segment of the Inside Crypto podcast. In this series we plan to cover the latest news regarding the constituents of our Solana Ecosystem Index. They are mSOL, Serum, Raydium, Solend, and Tulip Protocol. This episode was recorded on February 23rd 2022.  The first thing we will always dive into, is the price action of the week and then go through any major news items with regards to the constituents. Geopolitics and economics news seem to be the keywords of the week. People seem to be cashing out for fear of something. Despite that, all our constituents are rolling out improvements and new features across the board. These stories and more on today's episode.  I have to mention that nothing in this episode constitutes financial advice. Please do your own research. Anything said here is my own opinion and not to be connected with my employer. But I am forever grateful to them for helping make this podcast a reality so please do check out our website and tokens we offer and tokens.amun.com. Thanks everyone for listening and don't forget to tune in next week where we help you to get to grips with what is going on in the Solana Ecosystem. 

Final Frontier is a DAO (was a DAC before the token) in the Star Atlas metaverse. They launched their own token ($FRNT) and is officially launched on the Raydium Decentralized Exchange on the Solana network. --- Send in a voice message: https://anchor.fm/daocaster/message Support this podcast: https://anchor.fm/daocaster/support

El proyecto Raydium, es un proyecto de finanzas descentralizadas que tiene su espacio dentro del ecosistema Solana y que está estrechamente ligado al DEX Serum que se ejecuta en esta red. La intención detrás del desarrollo de Raydium es permitirle a sus usuarios la realización de intercambios usando Serum como bolsa de activos, pero al mismo tiempo, ampliar las capacidades de Serum agregando funciones avanzadas de trading como lo son las órdenes límite, operaciones con NFTs, farming y staking, todo ello integrado en una misma interfaz. Adicionalmente, Raydium ofrece el token RAY, el cual ofrece ventajas de negociación a sus holders cuando realizan operaciones en su protocolo, incentivando así el uso del mismo y de sus distintos servicios. ®️ Comprar Raydium (RAY) ya: https://bit2me.com/es/comprar-raydium 🎓Artículo de Academy: https://academy.bit2me.com/que-es-ray... Gracias a todo esto, Raydium se ha convertido en uno de los protocolos DeFi más ampliamente usados dentro del ecosistema Solana, y su crecimiento no ha dejado de aumentar gracias a sus interesantes propuestas y servicios prestados. 🎁 SORTEO CALENDARIO CRIPTO 🎁 💸 Adivina cuál será la próxima criptomoneda anunciada y participa en el sorteo de hasta 1000€ en criptomonedas. 🏆️¡Habrá 1 ganador por cada criptomoneda anunciada! ➫ Bases del sorteo: up.bit2me.com/basescalendariocripto 🚀 Suscríbete a nuestro Canal: https://www.youtube.com/channel/UCBiA... #Raydium #RAY #CalendarioCripto #Bitcoin #Blockchain #Criptomonedas 🎁 *¡Has descubierto un regalo!* Si estás aquí, aprendiendo, te mereces nuestro regalo especial: Regístrate en Bit2Me con este enlace y en tu primera compra de 100€ o más te regalaremos 5€: https://up.bit2me.com/youtubereg *¡La revolución la creamos entre todos!* 📲¡Descárgate la APP de Bit2Me! https://bit.ly/Bit2Me-APP-yt Nuestra web: https://bit2me.com 👉 Síguenos en las redes sociales: ⭕️ Facebook: https://www.facebook.com/bit2me ⭕️ Instagram: https://www.instagram.com/bit2me ⭕️ Twitch: https://www.twitch.tv/bit2me ⭕️TikTok: https://www.tiktok.com/@bit2me ⭕️ Linkedin: https://www.linkedin.com/company/9243641 ⭕️ Twitter: https://twitter.com/bit2me ⭕️ Telegram: https://t.me/Bit2Me_ES ⭕️ Lbry (Odysee): https://odysee.com/@bit2me:c ⭕️ Spotify: https://open.spotify.com/show/1Tj4kyX... ⭕️ iVoox: https://www.ivoox.com/podcast-bit2me-... y por supuesto, dale a la campanita para activar las notificaciones 👈 ✍🏻 ¡Apunta! Conoce todos nuestros servicios: ⭕️ Wallet: https://bit2me.com/wallet ⭕️ Tikebit (compra criptomonedas en tiendas físicas): https://www.tikebit.com/inicio&lang=es

Uno de los protocolos de finanzas descentralizadas (DeFi) de mayor crecimiento dentro del ecosistema Solana, es el protocolo Oxygen (OXY). Oxygen, es servicio de corretaje DeFi, que usa el poder de Solana para su funcionamiento. Su principal objetivo es ofrecer un servicio especializado apoyado sobre los liquidity pools que están disponibles en el protocolo Serum. Esto con el fin de ofrecer productos y servicios únicos a sus usuarios en cualquier parte del mundo. Unido a esto, Oxygen también cuenta con su propio token utilitario, que le permite a sus holders disfrutar de ventajas únicas por su posesión, y al mismo tiempo, servir de apalancamiento económico dentro de la plataforma y otros DEX. que operan con dicho token, como lo serían Serum y Raydium. ⏺️ Comprar Oxygen (OXY) ya: https://bit2me.com/es/comprar-oxygen 🎓Artículo de Academy: https://academy.bit2me.com/que-es-oxygen En todo caso, Oxygen busca democratizar y ampliar el acceso a las finanzas descentralizadas, así como a servicios de brokers sin custodias que sean seguros, rápidos y fáciles de usar. Entre los distintos servicios que podemos encontrar en Oxygen se encuentran los préstamos criptocolateralizados, crédito y trading apalancado, así como una wallet no custodial para el ecosistema Solana, cerrando un círculo de servicios centrado en empoderar a sus usuarios. 🚀 Suscríbete a nuestro Canal: https://www.youtube.com/channel/UCBiA... 🎁 SORTEO CALENDARIO CRIPTO 🎁 💸 Adivina cuál será la próxima criptomoneda anunciada y participa en el sorteo de hasta 1000€ en criptomonedas. 🏆️¡Habrá 1 ganador por cada criptomoneda anunciada! ➫ Bases del sorteo: up.bit2me.com/basescalendariocripto 🚀 Suscríbete a nuestro Canal: https://www.youtube.com/channel/UCBiA... #Oxygen #OXY #CalendarioCripto #Bitcoin #Blockchain #Criptomonedas 🎁 *¡Has descubierto un regalo!* Si estás aquí, aprendiendo, te mereces nuestro regalo especial: Regístrate en Bit2Me con este enlace y en tu primera compra de 100€ o más te regalaremos 5€: https://up.bit2me.com/youtubereg *¡La revolución la creamos entre todos!* 📲¡Descárgate la APP de Bit2Me! https://bit.ly/Bit2Me-APP-yt Nuestra web: https://bit2me.com 👉 Síguenos en las redes sociales: ⭕️ Facebook: https://www.facebook.com/bit2me ⭕️ Instagram: https://www.instagram.com/bit2me ⭕️ Twitch: https://www.twitch.tv/bit2me ⭕️TikTok: https://www.tiktok.com/@bit2me ⭕️ Linkedin: https://www.linkedin.com/company/9243641 ⭕️ Twitter: https://twitter.com/bit2me ⭕️ Telegram: https://t.me/Bit2Me_ES ⭕️ Lbry (Odysee): https://odysee.com/@bit2me:c ⭕️ Spotify: https://open.spotify.com/show/1Tj4kyX... ⭕️ iVoox: https://www.ivoox.com/podcast-bit2me-... y por supuesto, dale a la campanita para activar las notificaciones 👈 ✍🏻 ¡Apunta! Conoce todos nuestros servicios: ⭕️ Wallet: https://bit2me.com/wallet ⭕️ Tikebit (compra criptomonedas en tiendas físicas): https://www.tikebit.com/inicio&lang=es ⭕️ Academy: https://academy.bit2me.com ⭕️ Crypto TV: https://tv.bit2me.com ⭕️ Crypto Converter: https://converter.bit2me.com ⭕️ Agenda de crypto eventos: https://agenda.bit2me.com ...y muchos más en nuestra web!

Key Highlights: 1.35 - How Cake got into NFTs and discovered Sol Socks 7.10 - Perks of working with a smaller group of people8.28 - Jemmy from MonkeDAO shares how he got into NFTs, discovered Solana NFTs, and his experiences with SMB 19.23 - What a 100% community driven initiative looks like and how monkeDAO started21.58 - How SMB's shirtless seven ties into MIMO and an explanation on how MIMO's fractionalization works36.17 - MIMO token discussion and performance on Raydium40.25 - Jemmy shares his perspective on MIMO as an SMB holder. TL;DR it opens up new avenues of opportunity and access44.21 - Rights for NFT fractionalised holders and MIMO's viper branding48.45 - How MonkeDAO started running a validator node on Solana51.24 - MonkeDAO's goal and direction52.46 - Thoughts on OHM forks54.53 - How to approach NFT Derivatives59.39 - How MIMO came about, overall philosophy and other things they're working on like a free mint for newer entrants into the Solana NFT ecosystem1.03.03 - SockDAO's NFT acquisition process and how they buy NFTs as a DAO 1.07.22 - ThugDAO shares that the best time to build is when the market's down, and what they're working on like setting up a validator, a ThugMerch store, gaming tournaments and the Thug music label. 1.11.41 - Thug music label is an expansion beyond pfp and into interesting web3 applications. 1.13.26 - Music Royalties and DAOs. 1.17.08 - The advantage of Web3 for independent musicians1.18.56 - Big-time musicians getting into NFTs 

Larix is a lending protocol built on the Solana Blockchain. The platform adopted a dynamic interest rate model and aims to create more capital-efficient risk management pools, as such a broad selection of collateral types, crypto tokens, stablecoins, synthetic assets, NFTs, and other kinds of assets can be fully utilized in a safe way.The New to Crypto Podcast is designed to guide you through the crypto landscape with pinpoint accuracy. New episodes are added daily. Be sure to subscribe to the podcast and listen to all of the episodes to help you in your cryptocurrency journey.I'd love to hear from you! Email me at show@newtocrypto.io and let's chat.LEAVE A REVIEW + help someone who wants to explode their crypto knowledge and understanding by sharing this episode or click here to listen to our previous episodes.Disclaimer: New To Crypto is a podcast for entertainment purposes only. All opinions expressed by the hosts and guests should not be considered as financial advice. Views expressed by guests and the host do not reflect the views of the show. Listeners should perform their own research. Sponsorships, which are clearly disclosed, are informational in nature and do not constitute a call to action to purchase cryptocurrency. This channel does not offer the purchase or sale of securities. New to Crypto Podcast is not responsible, directly or indirectly, for any damage or loss caused by, alleged to be caused by, or in connection with the use of or reliance on any content, goods or services mentioned in this published media.

Join THE CLUB Discord Channel : https://discord.gg/tqSCtMbJJE Ogie & Jeeves Twitter : https://twitter.com/HidayahAnka1 Haris Exalatic Twitter : https://twitter.com/theHarisSusanto Helllo from the Metaverse! Its Episode 2 today, and we have a very exciting content today! I agree, topic for today is very exciting because we will explore more on how Blockchain influence Star Atlas in this Game Blockchain Integration. Yes Haris, what excites you more in these features that we are covering today? The Game itself or more of how Blockchain is being used? For me, being able to Explore Star Atlas metaverse while considering Land and Territory Control excites me most. Imagine how much Strategy that we have to consider! That is why playing together in a community will bring so much benefit into this game. You are right! That is why I joined THE CLUB and able to meet with a lot of new Players and Friends. Because not only Star Atlas will offer Player vs Environment or PVE missions, but there will also be Player vs Player Combat. Sharing knowledge and Play Together between Players will give us huge advantages! I completely forgot about PvP and Multiplayer contents. When I saw that we can do Space and Land-based Mining Operations, I thought I can play Solo if I have not found any Friends in-game. You don't have to play alone in Star Atlas, besides controlling our own ship, there are Fleets Control too. Strategy is not just how to control and play your own, but how to communicate and collaboratively finish Missions with others. Again, you are right! I thought of becoming a lone wolf in the game... HAHAHA! The game offers a lot of career systems to specialized us in specific Equipment. I thought I will not be able to think of playing with others. Do you know what Career that you want to choose? I don't know yet, but Fleet Combat or Mining will be exciting I think. Especially when we can play with VR and the game is built in Unreal Engine 5. Can you imagine what we can see inside the game? Oh my… I think I will be in AWE when I see the game in VR for the first time. But can we explore the Metaverse without Ships? Actually… You can. The game offers variety of Career for you to pick. And you can also play the game without NFT Assets ownership in the first place. That is another great thing about Star Atlas. There are many roles that you can pick and get yourself in. Have you bought any ships yet? Not yet… I didn't know what to buy, and how to buy. It's easy.. there are many ways using USD Coins or ATLAS which is Star Atlas In-game Currency. Not only ATLAS used as rewards and transactions in game, but there is POLIS Token that is powerful and give you certain percentage of Power to influence the Game's progression. But for starter, you should go to play.staratlas.com and explore it to know how ATLAS is used to Purchase Ships. Alright, I will open the platform right now. But, how do I find these Tokens? Tokens are already out there in DEX and Exchangers. You can use PancakeSwap, Raydium.io, and others, just make sure you find the correct TOKEN contracts. There are many Scam Addresses to trick new Players. Thank you very much for the info! After buying NFT Ships, whats next? You can do Mining or Combat, then which any territory Control, you can get Mining Revenue or Taxes when you control those Territories from activities done inside it. Awesome! I heard we can do all kind of stuffs in Star Atlas. I think these are one of them. I'll control Territories, do Mining in it, make money and buy more NFTs! Good strategy! More good features in Star Atlas that you can do also are Trading in Marketplace and Decentralized Finance (DeFi) System supported by SERUM, allowing you to Stake or make even more Money and increase your NFT Collections! So many features in One game! Will the System and Connection strong enough to handle these amount of Work? That's where SOLANA Blockchain Protocol comes in. It can process 50,000 transactions per second, one of the fastest in Blockchain. Therefore, Star Atlas Transactions can be done in REAL-TIME without delays to our Gameplay. Incredible! With that kind of Connection, I will play as maximum as I can to gain as much as I can. If you want to do that, there's Play-for-Keys Gameplay in Star Atlas too. It means High Risk – High Reward Style by using Player's NFT Assets at stake. You might lose your NFT but if you succeed then you will get HIGH REWARDS! Ahh.. I need to prepare lots of NFTs then… HAHAHA Awesomee! Thank you Ogie & Jeeves for giving us so many information. That is the end of our 2nd Episdoe, see you all on the next episode of METAVERSE GAMING STORIES with us OGIE & JEEVES and HARIS ‘EXALATIC' BYEEE…!!! Ogie , Jeeves And Haris ‘Exalatic On Podcast  Spotify : https://open.spotify.com/show/0Ci8PLfSbnZQzIO74cGeea  Apple Podcast : https://podcasts.apple.com/us/podcast/star-atlas-blockchain-gaming-and-metaverse/id1599882574  Google Podcast : https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5zb3VuZGVyLmZtLzE3NjcyL3Jzcy54bWw #metaverse Usefull Link STAR ATLAS WHITE PAPER : https://staratlas.com/white-paper.pdf STAR ATLAS ECONOMIC PAPER : https://staratlas.com/economics-paper... STAR ATLAS WEBSITE : https://staratlas.com/ STAR ATLAS MARKETPLACE : https://play.staratlas.com/market Disclaimer: This is a fan channel and community. Make sure to follow all official Ogie & Jeeves socials for the latest news.

Tulip Protocol is a yield aggregator running on the Solana blockchain that offers customers auto-compounding vault strategies. Inheriting the advantages of the Solana blockchain, Tulip helps users increase their profits with higher annual percentage yields token holders can lend their tokens to gain interest, enabling the Leveraged Yield Farming feature of Tulip Protocol.Tulip Protocol optimizes the farming of your tokens, doing auto compounding every hour, which generates a higher return than having them staked on Raydium or other platforms without this functionality. Every hour, Tulip Protocol reinvests what each pool has generated, in order to offer its users a higher return on their investment.The New to Crypto Podcast is designed to guide you through the crypto landscape with pinpoint accuracy. New episodes are added daily. Be sure to subscribe to the podcast and listen to all of the episodes to help you in your cryptocurrency journey.I'd love to hear from you! Email me at show@newtocrypto.io and let's chat.LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.Disclaimer: New To Crypto is a podcast for entertainment purposes only. All opinions expressed by the hosts and guests should not be considered as financial advice. Views expressed by guests and the host do not reflect the views of the show. Listeners should perform their own research. Sponsorships, which are clearly disclosed, are informational in nature and do not constitute a call to action to purchase cryptocurrency. This channel does not offer the purchase or sale of securities. New to Crypto Podcast is not responsible, directly or indirectly, for any damage or loss caused by, alleged to be caused by, or in connection with the use of or reliance on any content, goods or services mentioned in this published media.

#27 - SolanaBem-vind@ ao HODLcast!Solana é uma das blockchains mais fortes do ecossistema das criptomoedas. Nasceu para se tornar numa concorrente de Ethereum e provar que é possível usufruir de segurança e velocidade em blockchain, ou seja, promovendo, acima de tudo, escalabilidade. Solana é uma das blockchains mais rápidas do mundo e o seu ecossistema teve um dos crescimentos mais rápidos dentro do mercado, contando já com mais de 400 projetos. Abrange DeFi, AMMs, DEXs, NFTs e está focada em fazer parte da construção da Web 3.0, incorporando projectos tão bons como Raydium, Serum, Star Atlas e muito mais! Vamos conhecer melhor? :)WEBSITEhttps://www.hodlthebook.com/SOCIAL MEDIAFacebookhttps://www.facebook.com/hodlthebook/Instagramhttps://instagram.com/hodlthebook/YouTubehttps://youtube.com/channel/UCt7o_HOLotD0hyKxzfHkUCASupport the show (https://www.hodlthebook.com)

Liens utiles: ► Solana Beach : https://solanabeach.io/ ► Phantom : https://phantom.app/ ► Slope Wallet : https://slope.finance/ ► Raydium : https://raydium.io/ ► MagicEden : https://magiceden.io/ ► Solsea : https://solsea.io/ ► Audius : https://audius.co/ ► Only1 : https://only1.app/ ------------------------------------------------------------------------------------------------------- Retrouver moi aussi sûr : ► Twitter - https://twitter.com/m4xvyr ► Tiktok - https://www.tiktok.com/@maxvyr ► Github - https://github.com/maxvyr ► Instagram - https://www.instagram.com/m4xvyr/ ► YouTube - https://www.youtube.com/user/maxvid30 ► Audius - https://audius.co/maxvyr ► Spotify : http://shorturl.at/ackoL ► Blog - https://maxvyr.xyz/

iTrustCapital | Get $100 of Bitcoin when you sign up using our custom link! ➜ https://bit.ly/iTrustPaulThe Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain. The networks adoption has been rapidly expanding. Solana can purportedly handle 50,000 transactions per second, which is significantly faster and cheaper than the Ethereum blockchain. On this episode, we're breaking down the best projects to watch based on sentiment and amplification data on the Solana Network: Star Atlas, Raydium, SolFarm, Solend, Solanium, and Audius to name a few.#Solana #StarAtlas #SOL~Solana Ecosystem Sentiment Rankings | Star Atlas, Raydium, SolFarm, Solend, Solanium, & Audius~⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺Become a Diamond Circle Member FREE! ➜ https://bit.ly/PBDiamondCircleSubscribe on YouTube ✅ https://bit.ly/PBNYoutubeSubscribeFacebook

Raydium is an automated market maker (AMM) and liquidity provider based on the Solana blockchain. Raydium leverages the central order book of the Serum decentralized exchange (Serum DEX) to enable lightning-fast trades, shared liquidity and new features for earning yield. The New to Crypto Podcast is designed to guide you through the crypto landscape with pinpoint accuracy. New episodes are added daily. Be sure to subscribe to the podcast and listen to all of the episodes to help you in your cryptocurrency journey.I'd love to hear from you! Email me at show@newtocrypto.io and let's chat.LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.

- What yield means, and the difference between APR and APY- Explaining liquidity staking again: key definitions, why liquidity is important, how ICO's work, and a real step-by-step example using the Raydium DEX on the Solana network- How to choose where to provide liquidity, how to calculate returns, and some information on yield aggregators- 6 major categories of risk in DeFi: scams, bugs and hacks, high gas fees, rug pulls, foundational risks, and user error- Where this leaves the TradFi industry-----The corresponding blog post with links and images:https://www.michaelcaloz.com/2021/09/21/easing-into-crypto-part-15-wrapping-up-defi-lp-tokens-yield-farming-calculating-return-yield-aggregators-and-major-risks/

Anatoly Yakovenko (00:12):Hey folks, this is Anatoly, and you're listening to The Solana Podcast. And today I have Jonathan Schemoul with me, who's the founder of the Aleph.im project. Really awesome to have you.Jonathan Schemoul (00:22):Thank you very much. I'm really happy to be here today.Anatoly Yakovenko (00:25):Cool. We usually start these with a simple question, how did you get into crypto? What's your story? What's the origin story?Jonathan Schemoul (00:36):Well, into crypto it's a long story. I started way back in time, a bit on Bitcoin then I stopped because it was only money back then. And that wasn't the end game for me. Then I came back into crypto in 2015, 2016, and I started doing a bit of development because I saw that I really wanted to be part of Web 3, to do nice things with it. I started developing as an open-source developer for a few projects. One of these is the newest project which is Chinese blockchain layer one. I'm not really involved with it anymore.Jonathan Schemoul (01:16):But working with them as a community open source developer, I saw that there was some missing links somewhere that you couldn't decentralize all the stack with just layer one, it is not the one that they were building back then. So that's how the Aleph.im project is born. For me, besides that, I've been developing for a lot of companies before in the IOT space and also for big banks sometime ago. I've been a developer for a lot of years.Anatoly Yakovenko (01:48):That's great. I mean, that's a great background. The thing that you're focusing on with Aleph is this idea that Web 3 is just a small part of the piece, but you still need UI front-ends, business logic and things sitting on top of the blockchain. How does that work?Jonathan Schemoul (02:09):The idea is that, okay, now you can have smart contracts on Solana, that's great. You can even do way much more on like just money on smart contracts, that's great. Now, you need to have a front-end. So you need to have storage for that front-end. That's not all because a smart contract, a program doesn't have all the data that you need. So you will need some kind of indexing to get history. You will need a back-end for that.Jonathan Schemoul (02:37):Most of the DeFi application that we see have some centralized back-end behind them. They're running on AWS, sometimes on dedicated servers or stuff like that that is still centralized. If a government, and we just saw something about it today, wants to shut down the DeFi protocol that is organized like that, they can. With Aleph.im what we are trying to do is decentralize the last mile, because for that last mile most projects are using AWS, so we need to decentralize AWS.Jonathan Schemoul (03:11):So we provide storage, as in file storage for the front-end files, database storage, because most applications are just databases and also an equivalent to Amazon Lambda, where you start small functions that will be launched on a decentralized cloud, where there is place for them and will get you a return value, and these can be written in any language and connects the web and also a PC from blockchains here at Solana obviously.Anatoly Yakovenko (03:42):Got it. Super Cool. So this is a storage mechanism. Does it guarantee consistency? How's it decentralized? What happens if you nuke it? Yellowstone flows up, the current set of servers from Aleph get destroyed in the volcano. How do I move, switch, what state do I lose? Those are the hard distributed systems question.Jonathan Schemoul (04:08):Yeah. It's a really good question. Aleph.im is not a blockchain at all. We don't have a blockchain. There are enough already. We just accept messages from blockchains. All the supported blockchains are accepted on the network, that means that that message that is signed by a material address is accepted on network, a message that is signed by a certain address is accepted on the network. All our network, hence the name .im, dot instant messaging, the whole system works with messages on the network.Jonathan Schemoul (04:45):Those messages are organized by channels, just like you would go on telegram channels and get the history of them. The network keeps track of those messages and when you start a new node, you get the history of messages, not directly from the other nodes, you will connect two blockchains to specific smart contracts on blockchain. Look at past events, for example, on the Ethereum or on Solana. You look at past events for the synchronization of the network and you look, okay, there has been all these events, okay, let me ask the whole network what those messages were. Then you resync, when there are missing parts you leave them apart and then you get a view on the channels on the messages.Anatoly Yakovenko (05:31):So you write your software, your Lambda hook as if it's a re-entrant, right? So you're kind of recording your progress potentially on Solana as you're processing it.Jonathan Schemoul (05:43):For the Lambda it's a bit different. Here I was explaining how the network works for the messaging on the global state. For the state of pure application, you could either get your state from a blockchain here at Solana. For example, all the indexing effort that we are doing is using Solana as a source of synchronization for these Lambda. But then you can have multiple kind of volumes because since it's Linux Micro VM machine, everything is a volume.Jonathan Schemoul (06:18):So we have local storage volume that is local to the running host. And then the Lambda kind of issue messages on a decentralized database of data and project or under storage, and then raising to the local file system and then issue messaging, et cetera. And we are also working on another kind of phase system that is distributed, where any of them that can write in it on the overall receive the changes, which is kind of tricky.Anatoly Yakovenko (06:48):Is the database, the Aleph database, distributed database? Is that a Byzantine fault-tolerant database? Is it designed with that in mind?Jonathan Schemoul (06:58):Yeah. The idea is that when you send a message on the network, it gets stored by all the over nodes that are interested in your channel. And then there are synchronization node that go and write hashes of the data and signatures inside messages that they push on blockchains. So that when overcome, they can synchronize it and replicate all the data. So that even if one part of the network gets totally disconnected, you can have one part that gets reconnected to the other therefore the peer to peer network for blockchain, for APFS. We have multiple kind of different connectivity solutions so that they can reconnect on resync.Anatoly Yakovenko (07:42):So the Aleph database, if it's Byzantine fault tolerant, I mean, doesn't that make it a blockchain? Is there a token? Is crypto economically like fault tolerant?Jonathan Schemoul (07:56):Yeah. So we have a token, but the token is living on multiple blockchain, Ethereum, Solana, and a few others, but those are the most used today. We have a token, you need a token for your data to stay there. If you don't have any more your data gets garbage collected. But we don't have a blockchain because we go and write on over layer ones. We are technically a layer two database which is computing pre storage.Anatoly Yakovenko (08:23):But the data storage, like the Aleph distributed database, what is that backed by? Or can I pick my own blockchain to use it as a common interface or something like that?Jonathan Schemoul (08:34):Well, currently it writes on Ethereum, we're working on making it write on Solana. For this we need our indexer to be super powerful. So we'll get it writing on Solana very soon. Basically you can write on multiple blockchains and use it as a source of proof.Anatoly Yakovenko (08:53):Got it. That's pretty interesting. So it really doesn't have its own blockchain and you're just using the fault tolerance of the chains you're connected to.Jonathan Schemoul (09:04):Exactly.Anatoly Yakovenko (09:06):Awesome. Yeah, that's really cool. So the other challenge I think is like how do you deal with domains and the web? Where do you run these executed nodes? How do you connect all those pieces?Jonathan Schemoul (09:20):It's a really good question. To connect all the pieces together, we didn't develop some really fancy stuff like proof of space and time and things like that to verify that the data is really stored. We are using something much more low-tech, which is just a quality control. We have core channel nodes, which are the controllers of the network, which needs to keep some Aleph have stakers on such economics. They are verifying that other core channel nodes are behaving well. And that also the resource nodes are behaving well. Then the resource nodes are really doing the work of storing data, providing computing, et cetera. And they're continuously controlled by the core channel nodes.Anatoly Yakovenko (10:09):That's great. So they're basically like a tokenized health check, right?Jonathan Schemoul (10:14):Yeah.Anatoly Yakovenko (10:14):I can spin this up and they can continuously monitor whether this computation is making progress, right?Jonathan Schemoul (10:21):Exactly.Anatoly Yakovenko (10:21):Is that verification, is that programmable? Can me as an app developer, can I kind of code up my own apps, specific health checks or an interface or something like that?Jonathan Schemoul (10:35):It's a really good question. That's what we are working on exactly right now.Anatoly Yakovenko (10:40):I'm leaking all the features. My imagination is going.Jonathan Schemoul (10:44):No, no worry. Well, it's really interesting because to understand if an application behaves well on one host, you need to understand what the application is doing. So yes, we will give some kind of health check, which is kind of a unit test of how the app should work. So you will be able to provide unit tests for your app basically.Anatoly Yakovenko (11:11):That's really Cool. What about domains? Like actual DNS?Jonathan Schemoul (11:17):Yeah.Anatoly Yakovenko (11:20):I'm asking all the hard questions.Jonathan Schemoul (11:22):Yeah. These questions will be answered if I explain how we handle access to this virtual machine. Because for DNS, for just IPFS, there is already quite a few solution, that's not an issue. But then if you want to make a domain point to one micro VM, you want your micro VM to be able to serve your data. How we do first the load balancing because that's the important question. For load balancing we have two ways, one, which is a regular cloud load balancing, which could be blocked by government, could be censored, because that's what can happen when you have centralized point of control.Jonathan Schemoul (12:07):We will run it ourselves and a few of our partners might run some of the cloud load balancers that basically you can just point your domain to the cloud load balancer. And then the cloud load balancer will create certificates and stuff like that. It will work. We will run one instance. Ubisoft will likely run another. And like many of our partners. Well, for Ubisoft it's not sure, just some talks about it. But perhaps over partners could run cloud load balancers that we'd go on point on specific micro VM host to see where your app is running and point it to them, that might work.Jonathan Schemoul (12:48):Now What happens if a government says, "This app shouldn't work, this domain shouldn't work." Then you have two solutions, you either put the front-end inside IPFS, use some IPFS gateways, et cetera. And then the back-end is on the VM network. But then what happens if a government blocks the specific DNS inside the micro VM global.aleph.sh .aleph.cloud Whatever. Then we have a decentralized load balancing that comes into play.Jonathan Schemoul (13:24):The idea of the decentralized load balancing is that your browser will connect to the IPFS network using leap peer to peer, just leap peer to peer, find Pi Aleph nodes running, contact them directly then ask Pi Aleph node, "What micro VM host are running this software?" And then you can contact them directly. We are working on the JavaScript library that will do all this work on the client side so that you can have your front-end in IPFS that will then go and find all the back-end hosts that could answer your request.Anatoly Yakovenko (13:58):That's super cool. You guys are working on some really hard problems. I think it should be fairly easy to kind of have basically a resolver that points to ENS in the system, right. That's fairly straightforward. And basically you should be able to use any kind of like name, system, command any blockchain.Jonathan Schemoul (14:25):Yeah, clearly.Anatoly Yakovenko (14:26):Do you think that this is something that browsers are starting to recognize as standardizable? Is there a future where you think this technology could start percolating to the UI level where the end user can pick like blockchain based DNS resolver that kind of like connects all the pieces, right? From the human to this decentralized one.Jonathan Schemoul (14:51):I think that something that could come, I think that those that could really help in this is Mozilla foundation, I think that they would be the one to talk with. We aren't in talk with them because we don't really take that step right now. We have a lot on our plate. But in the future I'm pretty sure it's the way to go. We will connect to any effort in that area and we will recognize it. I know that for IPFS for example, IPFS, IPNS, there are some efforts on some browser extension that you can install to have it, et cetera.Anatoly Yakovenko (15:29):How does like certificate chaining play with us? What happens if I need to have a cert on my service and things like that.Jonathan Schemoul (15:38):A certificate on your service? Yeah.Anatoly Yakovenko (15:41):Like their sign or whatever.Jonathan Schemoul (15:43):Well, we use the one that everyone uses, which is-Anatoly Yakovenko (15:48):Let's Encrypt. The EFF one.Jonathan Schemoul (15:49):Yeah, exactly. We're using this one, we used the discovery with the content, so that we switch to a specific content when Let's Encrypt connects, then we serve this content, then we get a valid certificate, we can serve the good content.Anatoly Yakovenko (16:07):Can you unpack that a little bit?Jonathan Schemoul (16:10):Yeah. Well, Let's Encrypt has multiple ways to certify that you have a certain domain, for sub domains of .aleph.sh and .aleph.cloud, It's easy, we are using wildcard certificates. For custom domains that you could make point to your content directly, what we do is that you put a key inside your DNS to say, this is the virtual machine that should be mapped to that domain. Then you do a CNAME to our cloud load balancer and then the VM host when they get a request for this one, they go and check the DNS to see what VM they should serve on the generator certificate using Let's Encrypt for that domain and they start serving it.Anatoly Yakovenko (16:59):Oh man, this would be really cool. But if we could have like an ENS where in my ENS registry I set my Let's Encrypt domain, and then I run a local DNS server on my home machine where I run my browser and point that as a resolver, you could kind of tie these knots together and get-Jonathan Schemoul (17:23):Yeah, it could work.Anatoly Yakovenko (17:24):That's really cool. What happens if these instances die, where do you guys get more hardware? How does that process work?Jonathan Schemoul (17:36):Well, an instance can just stop, then the load balancing system will find another instance to run your code. Then what happens when an instance get a request for a code that doesn't have for the micro VM network. I mean, it goes on the network, checks, okay, what is the database entry that is in front? It takes the database entries. Has there been any upgrades to it? Okay. I get the upgrades. I subscribe using web socket to the upgrades of this database entry basically because it's a document about database entry.Jonathan Schemoul (18:14):And then it looks, okay, so this is the root FS that I should load. Do I have it? I have it, could I use it? If not, I download it from the network. I applied that root FS, where is the code? Okay. What volume does it needs and it builds and retransits and gets you the answer. For a cold start with no root FS or whatever, it can take a few seconds. But in general you use the same root FS as others. So you can get the code start. If you don't have the code, it's less than a second. If you already have the code of the application is like 150 millisecond for a cold start.Anatoly Yakovenko (18:53):Got It. And is the coordination to decide where to start this particular instance? Does that occur over the underlying chain, like Solana or Ethereum or whatever?Jonathan Schemoul (19:08):Again, that's something that we're working on. At start it's on the cloud load balancer. So the cloud load balancer are semi centralized for that. The idea is that each micro VM running node that starts running one will register a message, which is a database entry with a reference to say, "I am running this one." And then the cloud load balancer looks at the uptimes of the available micro VMs and say, "Okay, this micro VM has it ready." I'm forwarding it to it.Jonathan Schemoul (19:40):And then if there is none, then it could just route it to like a random one that has a good uptime. And then this one, the next time kind of like be choosing automatically because it is already serving it. If there is a lot of requests, it will provision multiple ones.Anatoly Yakovenko (19:59):Interesting. Got it. And you anticipate that you'll basically be able to move if the underlying chain is cheap and fast enough you should be able to move the coordination and kind of like start this instance, pull this volume. This would be really cool with like Arweave backed storage volumes. Because you could almost then see the lifetime, the life cycle of the application as its business logic is evolving, right? That state is very useful to developers who are being able to go back to a checkpoint effectively at any given time too.Jonathan Schemoul (20:38):Well, right now we are using our own storage engine, which is APFS compatible. But in the future we will allow to choose other storage engine and we will also develop gateways with like Arweave, Filecoin and other.Anatoly Yakovenko (20:53):Super cool. I used to work at Mesosphere so I don't know if you've heard of them, like D2iQ, this was kind of Kubernetes competitor, trying to build this decentralized operating system using Mesos as the jobs kind of Q-engine. There's a lot of similar challenges there, and this is really cool that you guys are building this in a decentralized web application that's kind of hosted in the real cloud, the mythical cloud.Jonathan Schemoul (21:28):Yeah. Well, there's a saying, there is no cloud, it's just other people computers. Here it's really other people computer. So it's pretty good because then you don't trust those computers because you know it's other people computers.Anatoly Yakovenko (21:44):How do you guys ensure the integrity of the computation itself? How do I know that the virtual machine, the execution environment that's running isn't malicious.Jonathan Schemoul (21:54):It's a really good question. There is multiple questions there. How can I ensure that this computation isn't returning a bad result because it knows who is on the other end. The load balancing system ensures that you don't really see who is in the other end, so you don't know who is making the request. So you don't know if it's a quality control call or if it's a real call. It goes back to your question of the testing of the application. And there is another one there which is the question of the secrets, because you might need secrets. If you want to do push notification based on a smart contract event on Solana, let's say, because that's something that we are working on right now, thinking about it.Anatoly Yakovenko (22:48):That's super cool.Jonathan Schemoul (22:48):So you would need secrets. You will need to story a secret to being able to go back to this device and send these device and notification. So you either store secrets in the local storage of the instance, but then if the instance dies, you can get it back or you try to get shared secrets between multiple hosts. We are working on it. We don't have a total answer on that. What we are working on is using free shirt cryptography, so that multiple host defined by the developer come under these secrets. And then you go back to a question of trust, which is problematic.Anatoly Yakovenko (23:30):By the threshold cryptography, is this like an MPC to compute, or are you guys thinking like BLS or like Schnorr aggregation?Jonathan Schemoul (23:42):More like you encrypt something that can be decrypted by multiple private keys.Anatoly Yakovenko (23:47):Got it.Jonathan Schemoul (23:48):And then if they want to send a message, it needs to be signed by at least x of y.Anatoly Yakovenko (23:54):Right. Got it.Jonathan Schemoul (23:57):Because this micro VM I mentioned can also send messages on the network. These messages on the network will be database entries that in the end might end up also on-chain using all records or whatever. Because these micro VM can read from on chain data and the idea is that we are working so that they can also write on chain as well. So then you might need some kind of trust somewhere. So one developer could say, I trust this host this host this host, but they need at least to do that calculation three times, let's say. But it's a bit problematic and we are still working on it. It's not finished yet, so yeah.Anatoly Yakovenko (24:40):That's what I mean, that's a really hard problem.Jonathan Schemoul (24:41):Yeah.Anatoly Yakovenko (24:43):Really cool. Yeah, the secrets thing is really challenging. I guess, what's your vision for this? You guys are tackling on some really hard problems, you get all of them done in the next year.Jonathan Schemoul (25:01):I hope so.Anatoly Yakovenko (25:06):What happens then? What is the vision for Aleph?Jonathan Schemoul (25:08):Well, here we are only speaking about a few crypto issues. We aim at bigger than just the crypto ecosystem. What we really want to do is decentralize the web, so getting bigger, way, way bigger, that's the goal. We are working with a few bigger partners who are part of the Ubisoft entrepreneurial labs, for example. We want to have a lot of hosting partners in the game that start providing resources so that I want it to be as easy as spinning up AWS server or whatever, you would just spin up VMs under the .im network. I want it to be as easy as using Firebase, using Amazon Lambda, et cetera.Jonathan Schemoul (25:51):And we have another big project going on, which is the indexing on Solana, where we are indexing data for a few protocols, currently Raydium, we might have another already soon. Well, I can say the name. We are working a lot on Orca, on port finance right now, and a lot of others actually that I can't really talk yet. But the idea is to have all these data available, have all these data feed coming up so that you can have events based on them, also do off-chain computation and things like that.Jonathan Schemoul (26:29):I really want DeFi to be totally resilient because until it's totally decentralized, you can stop DeFi. When it's totally decentralized, you can't. And if there is only the smart contracts that are decentralized, you can still stop it.Anatoly Yakovenko (26:48):Yeah. That's definitely a fair point. I think the UX issues around building also just like push notifications and all these other things for projects are really hard to overcome if it's a decentralized project, because who's going to host those servers, right, to connect to mobile and everything else. Yeah. You guys have a lot of work set out and it's pretty exciting. What do you think is missing? If you guys had like another, somebody else was building this other piece that you think is missing in the Web 3, what would it be?Jonathan Schemoul (27:26):What is missing today in the Web 3 ease of use for all this. We are trying to tackle this, but we have so much on our end. So this is a big issue, ease of use for developers, ease of use for users. Well, Phantom is already doing a great work on that end on Solana. But yeah, this and also I think that there is some kind of breaks between the ... In DeFi, if you want to move money into the real world, it gets hard really fast because there has been some kind of complications that have been put in place by regulators, by banks, by whatever. If we could just get all these parts simpler, it could be great. Some kind of link between FinTech and crypto that would work everywhere in the world, including Europe, USA, et cetera. It would be great. There are a lot of people working on it, but that's something that is missing as well.Anatoly Yakovenko (28:28):Yeah. Identity and like having those easy ramps is still hard. What about DNS? Just straight up resolving, do you think that's tackleable from a Web 3 perspective.Jonathan Schemoul (28:45):The issue is the way DNS is done. DNS protocol is great, but it implies centralization points, a lot of centralization points, which are problematic. Then you will need another standard on DNS. But if you have another standard on DNS, then you have the issue that the network right now is done, is not done for it and the browser don't understand it, et cetera, and operating system don't understand it. We would need gateways for that. I think it's doable. It's definitely doable, but it's a lot of work. And you would need multiple root servers, even virtual root servers, like what you said, local DNS server that would resolve your request, it could work.Jonathan Schemoul (29:38):If Let's Encrypt could understand it in the same way, it would work. Or we could even have something different than the root certificate that we have today, because with blockchain, we already have private keys. We already have signature. So if you sign your content with your private key, then you can verify it on the other end. And you don't really need all these chains of certificates that are here today. So that could also be another solution, but it would need another way, because right now we have roots certificate, children's certificate, et cetera. And it all goes back to central authority. The whole DNS on certificate system today goes with authority. With blockchain we are trained to remove authorities.Anatoly Yakovenko (30:33):Yeah. Do you guys see this as becoming developer facing, or maybe someday eventually kind of like client facing and want these decentralized applications running for me, kind of my own instances. Or is this always going to be here I am, team Orca, go to this domain as a user.Jonathan Schemoul (30:56):It's a good question as well. It's always the issue between hosted components, locally run components and kind of pragmatic on that. At start I would really like to, everything runs inside my browser, everything works. That's great. In reality, you have mobile phones, you have tablets, you have computers, you have a lot range of devices that can be running all the time. So real peer to peer application can't really work that well, unless you go and say, "Okay. While you are waiting for me, please send it to my friend, that will forward the data for me, et cetera.Jonathan Schemoul (31:40):Blockchains are really helping there is that we have a centralized authority, which is the blockchain that you can trust and that can hold data for you and can even encrypt it for you or store it on aleph.im, whatever, and only you can decrypt it. I think that the mix between the two would be good, like self hosted data and remotely hosted data on the decentralized cloud, a good mix of the two could be good. And the efforts by the leap peer to peer team, with the javascript leap peer to peer. And there are a few of us like that helps, because once you have access to a peer-to-peer network directly from your browser, you can cut middlemen. You can cut central authorities, et cetera, if you're the blockchain that serves as a central authority.Anatoly Yakovenko (32:28):What kind of loads have you guys seen or been able to test this out, in terms of like users request per second, kind of WebSocket connections per second.Jonathan Schemoul (32:39):It depends because when it's per server, that's not that much of an issue because the micro VM supervisor just forwards the request to the underlying software. If you don't choose local persistent volume, the supervisor can run as many instances of your program as needed, then you can spawn multiple one even inside the same supervised cluster. And then the network, if it sees that this one has issues adding the request load you can load new ones.Jonathan Schemoul (33:18):I don't think that there is really a limit on the request per second for that. So it's not really the issue that we have. And then on the database part, same, if you access one API server and you give it 500,000 requests per second, it would go down, because it's a server. If you target multiple API server, you are good. So that's also where the decentralized load balancing helps because if you use a cloud load balancer obviously even this cloud can go down. But if you contact a peer to peer network to know what host can answer, then you can contact multiple host. And all our core channel nodes, we are currently 54 of them are also API servers that users can connect to to get the data, which will be certified by our core channel node.Anatoly Yakovenko (34:10):Cool. As a whole, how many, I guess, do you have an idea of how many users per second or humans per second have you guys served in some peak times?Jonathan Schemoul (34:21):We don't, because we don't store metrics currently, we should. We don't have it because we didn't want to have any kind of log or whatever on the users, but we should add it, that's actually a good point, we will.Anatoly Yakovenko (34:37):Yeah. I mean, I think you got to be really aware of privacy and how that impacts some applications. But really interesting to see how this works. Caching is another one of those things, basically having a distributed cache around the world for often queried data. And this is an issue that I think doesn't have a good solution in Web 3 right now. You do all this work, set up a purely thin client, that's like loads from code, only talks to the chain and then you got to go fetch assets. And if you're using centralized ... Yeah, they can basically inject whatever they want.Jonathan Schemoul (35:25):Yeah, that's the main issue. And the good part is that if you also randomize where the request of the users go, if there is one bad actor, it will only inject bad data once in a while you don't even know where. Once there is a quality control it will detect it, so that can also be a solution. It's not a silver bullet either, but it can definitely help. So like for Solana what we are doing right now, for Raydium for example, is that we have an indexer that talks to multiple RPC of Solana then get the transaction history, store it inside the level DB, inside the micro VM, and then index the data.Jonathan Schemoul (36:09):Then we can get data on the pool's latest trades and stuff like that. The idea is that if there is too much request on one index, it will start another index or another index or another index, or et cetera, so that when you do a request, it reroutes you randomly to multiple hosts that have the same index.Anatoly Yakovenko (36:28):How fast is that?Jonathan Schemoul (36:31):Not fast enough currently. Well, it's fast enough for Raydium.Anatoly Yakovenko (36:35):Okay.Jonathan Schemoul (36:36):It works really well.Anatoly Yakovenko (36:40):Raydium gets a ton of hits. I mean, some of their IDOs have seen half a million requests per second-Jonathan Schemoul (36:48):Yeah. So for the Raydium data, it handles it well, like all the trades, whatever, it handles it pretty well. We don't get behind blocks in the indexing, so it works well. For Serum it's a bit more problematic because you need to watch, event cue all the time. I really hope they will have some kind of flux in the future. I think that they are working on it. So that would really help us either to get history even when we aren't watching their event cue.Anatoly Yakovenko (37:23):Yeah. So not half a million per second, half a million total, which is quite different, but yeah, they see some really good traffic.Jonathan Schemoul (37:30):Yeah.Anatoly Yakovenko (37:32):Cool. I mean, that's really cool. I think really hard part I think in designing these systems, one, is the problem is difficult, but then once you build the first version of it and you start hitting real traffic, there's a lot of parts that fit together that break under load. So what is your debugging like? How do you guys actually monitor like debug, like PagerDuty, what do you guys use as a team?Jonathan Schemoul (38:01):Right now our team is still small. We are growing a lot. Right now we are like 10 developers. A few months ago we were only three. A year ago I was alone. So we are growing really fast and we are putting all these things into place. Right now everyone monitors and checks what happens and it helps. There is Hugo who is on the micro VM side, Ali was mostly on the indexer side, myself we can get everything. But we are putting really real stuff in place right now to have it, because we are a growing startup so it takes time to get everything in place.Anatoly Yakovenko (38:43):Yeah, for sure. Do you envision a PagerDuty team for this?Jonathan Schemoul (38:48):Yes. I think that we will need one. Once we have more application that are using it, we will need one. So yes, if you have advices on that day, I'm really happy to get them.Anatoly Yakovenko (39:00):I mean, it's just part of life. It's not complicated. It's just work. This is I think that like response team I think is a difficult thing to set up in a decentralized community. If you guys are building a decentralized network with providers that are supplying hardware and all this other stuff, those are the folks that we found to be really responsive and have a lot of stake in growing this. How do the economics work for all the people actually supplying the hardware and bandwidth, et cetera?Jonathan Schemoul (39:36):Again, the research and economics aren't live yet. We are working on them. The core channel nodes economics is already there for like a year, now it works well. For the core channel node you need to have 200,000 Aleph to start a node and 500,000 Aleph, staked on a node, so that it can start to run. And then all the node operator get a share of a global envelope daily for all the nodes. All the stakers get a part of the envelope for stakers. The more nodes active, the bigger the envelope for staker is. But then for each node, they will earn a bit less if there are more nodes because it's a global envelope. So it helps stakers grow the number of nodes that are active, so that's for the core channel nodes.Jonathan Schemoul (40:25):For the resource nodes, to get storage or computing on network, there is two ways to get it. One that is already live, which is hold X amount of Aleph and get that amount of storage, hold X amount of Aleph and have the ability to start one VM with X megabyte of RAM, X virtual CPU, et cetera. And then the multiplier, and all that gives you the total count of micro VM I mentioned that can be running on your network based on your balance. The good part with that is that partner project could use a lending protocol to borrow Aleph where depositing their own token to get service. They would get the service for free just paying interest in their token, inside the borrowing protocol.Anatoly Yakovenko (41:14):Got it.Jonathan Schemoul (41:15):So that's a way for protocols to get it, but it's quite expensive because they don't directly pay for it. So for this way of using it, Aleph.im network is paying for them from the incentive pool, which right now it's one fifth of the supply, and we are changing it in the next few months, we'll change a bit of economics. It will be nearly half of the supply that would be dedicated to pay for that. Because since you lock a part of the supply, then you can release a bit inside circulating because of this new use. So that's for the hold X Aleph tokens.Jonathan Schemoul (41:51):And then there is another way that isn't developed yet that we will likely use Solana for, because it's fast enough for micro-payments in that area. It's like pay per action, pay X Aleph per gigabyte per month. You as a provider, you can say, "I am okay to be paid at least that much." And then users will say, "I want my data to be replicated at least four time. And I'm okay to pay at most that much for this." Then you get divided by those who provide service and the payment is done as micro payments. And same for the micro VM you pay per CPU per hour, et cetera.Anatoly Yakovenko (42:32):Got it. That's really cool. Well, this has been awesome to have you on the show. I mean, we got into I think the really deep, deep tells of how Aleph works, so I had a blast because it really reminds me of the spending, working on the stuff for centralized systems. It's really cool to see this kind of built ground up for decentralized ones as well. So appreciate the work you're doing. Thank you, Jonathan.Jonathan Schemoul (43:00):Thank you very much for having that call. It was really great talking with you.Anatoly Yakovenko (43:04):Awesome. And good luck to you guys. I mean, startups are blood, sweat and tears, so just keep working on the vision. You'll get there.Jonathan Schemoul (43:11):Thank you very much.Anatoly Yakovenko (43:13):Cool. Take care.

⛓ Was ist DeFi? Wie verdient man Geld damit? Hier DeFi Kurs anschauen: https://www.bluealpineresearch.com/kurse/ 

*** This is not Financial Advice; I am not a Financial Advisor *** Coinmarketcap.com Thedrichshow.com Thedrichshow.wordpress.com/ Rumble.com – The DRich Show Anchor.fm – The DRich Show: Apple Podcasts, Spotify, Google Podcasts, Breaker, Radio Public, Pocket Casts & Overcast Follow me on Twitter @drich5531 or on Gab @drich5531 Articles: 1. https://www.coingecko.com/en/coins/raydium 2. @RaydiumProtocol - TWITTER 3. https://raydium.io/ 4. https://raydium.gitbook.io/raydium/ 5. https://raydium.io/swap/ Production: XRPhy, Kevin Martin Los-van ES https://xrphy.com Voice: XRPjoe Stock video: TV Studio Lighting: Grid (Tilt) - Taylor Mefford Reel to Reel VU Meters 1 - Videvo Music: glitch-west-coast-beat https://www.free-stock-music.com/glitch-west-coast-beat.html West coast beat by Glitch | https://soundcloud.com/glitch Music promoted by https://www.free-stock-music.com Creative Commons Attribution 3.0 Unported License https://creativecommons.org/licenses/by/3.0/deed.en_US Thumbnail created by Daniel K (DK) India RAY RAYDIUM SOLANA TOKEN LAUNCHPAD SOLANA ECOSYSTEM AUTOMATED MARKET MAKER AMM YIELD FARMING DECENTRALIZED FINANCE DEFI DECENTRALIZED EXCHANGE TOKEN DEX Referral Bonus: HOTBIT - https://www.hotbit.io/register?ref=685374 BITRUE - Download Bitrue App and sign up, get Sign-up Package at once. Open the package you will have a chance to win 60,000 XRP! Moreover, inviting friends will get commission rebate up to 50%! https://www.bitrue.com/activity/task/task-landing?inviteCode=QEQHHZ&cn=900000 Theta.tv - https://www.theta.tv/invite/fqex6p https://www.kucoin.com/ucenter/signup?rcode=2RMbt74 Lobstr.co - FESDXKQXL --- Support this podcast: https://anchor.fm/drich-the-crypto-dad/support

The Rebirth event for Star Atlas has came to a conclusion as of last month if you didn't get a chance to get a meta-poster during the event you can still purchase one via their marketplace. I was able to take advantage and get a limited edition poster and it's looking like that investment has paid off significantly already. Star Atlas has been working in the trenches a lot of things are coming up such as their initial offerings where you can pick up some tokens which are ATLAS and POLIS. The IEO will take place on FTX while the IDOs will take place on Raydium and Apollo X sometime later this month. --- Send in a voice message: https://anchor.fm/thew0lf0fcrypt0/message Support this podcast: https://anchor.fm/thew0lf0fcrypt0/support

The Solana ecosystem has been receiving more attention lately. We cut through the hype and talk to Raydium, one of the projects building a decentralized exchange on Solana.  - Is Raydium just a Uniswap fork on Solana, or more? - What Raydium can do that Ethereum DeFi dapps cannot - Raydium's controversial governance proposal to Sushiswap Host: Jason Choi (@MrJasonChoi). This show is not financial advice; show host and guest may hold some of the assets discussed. ------------- Sponsors ------------- PERPETUAL PROTOCOL is a fully on-chain exchange built on Ethereum and xDai that charges extremely low gas fees for trading and allows up to 10x leverage. They offer the most perpetuals of any platform in Defi, including BTC, ETH, SUSHI, AAVE, LINK, etc. Visit perp.exchange/blockcrunch to start trading. AAVE: Aave is a decentralised, open source, and non-custodial protocol where users can deposits and borrow digital assets, and earn interest on those assets. Head over to aave.com to experience and learn more about DeFi FIGMENT: If you have crypto that you want to stake and want to manage it in one place, Figment supports 30 blockchains including Ethereum, Polkadot and Solana. Figment supports both funds and individual investors. figment.io ------------- Disclosures ------------- Musical credits: Underground Stars by Loxbeats https://spoti.fi/34tPBBO Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: https://bit.ly/underground-stars Music promoted by Audio Library https://youtu.be/vpJDMD2EzkA Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions.