►
From YouTube: Agoric Monthly Community Call #9
Description
First Wednesday of the month we will share Agoric announcements, answer live questions, highlight community projects, and introduce new tools to help you build your application on chain. Set your reminder here not to miss our Community Call.
A
Hello,
everybody
welcome
to
our
june
community
call
appreciate
everybody
tuning
in
I'm
roland
grouse,
product
manager
to
gorek.
For
those
that
don't
know
me
and
for
our
community
calls.
Please
do
chime
in
talk
to
us.
While
I've
got
some
slides
to
present
I'm
going
to
go
through
a
couple
important
topics
today,
but
would
love
to
take
questions
during
it.
I
can
see
the
comments
that
roll
in
through
discord
or
through
youtube
itself.
A
So
please
do
chime
in
and
with
that,
I'm
gonna
just
kick
us
off,
so
we've
got
a
bunch
to
talk
about
so
we're
gonna
go
through
the
the
test
net
stats,
so
the
staking
dynamics
phase
ended
earlier
in
may
and
we
did.
We
pushed
out
the
stress
test
phase
I'll
talk
a
little
bit
about
that
talk
about
stats
for
submissions
that
came
in.
We
saw
some
really
good
challenge
tasks
and
then
I'm
going
to
talk
about
for
the
first
time.
A
Our
main
net
rollout
schedule
so
agoric
is,
is
targeting
a
phased
mainnet
and
I'm
going
to
go
through
what
those
phases
might
look
like
what
what
users
will
be
able
to
do.
What
developers
will
be
able
to
do
and
talk
through
that
also
talk
through
full-time
positions?
We
are
hiring
and
then
upcoming
events,
all
right.
Let's
get
going
then
so
we
can
start
with
the
test
net
numbers.
So
we're
really
pleased
the
staking
dynamics.
A
Phase
was
a
really
really
important
phase
on
our
side,
and
I
think
some
of
this
will
be
a
little
clearer,
as
I
start
talking
through
the
main
net
rollout
phases,
but
really
what
we
were
doing
for
the
first
time
was
connecting
the
cosmos
layer
with
the
agora,
vm,
the
javascript
layer
and
as
validators
in
the
test
net.
A
You
were
asked
to
do
a
bunch
of
things
that
required
something
in
cosmos
like
staking,
build
or
receiving
run
rewards
and
then
taking
it
into
javascript,
using
that
in
the
igork
treasury,
in
the
gork
vm
layer,
making
a
trade
buying
some
additional
build
and
then
going
back
and
staking
that
and
that
really
sort
of
stretched
a
bunch
of
our
capabilities
and
tested
things
for
in
an
end-to-end
way
that
we
hadn't
done
before,
and
it
was
really
it
was
an
exciting
phase
for
us
in
a
lot
of
ways.
A
And
so
we,
you
know,
we
definitely
uncovered
some
stuff,
and
that
was
good
to
work
through
and
we
we
learned
a
lot
which
caused
us
to
push
that
push
out
the
st
the
stress
test.
Phase.
Excuse
me
for
a
few
extra
weeks,
because
we
just
had
so
many
learnings
that
we
can
basically
just
keep
rolling
and
building
additional
additional
additional
capabilities
based
on
what
we
learned
in
this
phase.
So
the
validators
were
awesome.
This
phase,
you
know
we
had
a
bunch
of
things
that
we
had
to
do
on
short
notice.
A
We
had
tasks
that
you
know
we
had
planned
out
and
didn't
work,
the
way
we
expected
and
we
had
to
change
and
everyone
stuck
with
us
and
that
that
was
really
awesome.
So
we
had
a
bunch
of
great
submissions.
I'm
gonna
go
through
actually
two
of
the
challenge
task
winners.
So
the
the
challenge
task
for
this
phase
was
to
submit
something
that
dealt
with
our
staking
api
and
the
first
winner
was
omniflix.
A
So
omniflix
you
guys
submitted
a
an
actual
staking
ui,
which
was
sort
of
what
we
envisioned
when
we
when
we
thought
about
the
challenge
task.
So
you
know
you
can
connect
with
kepler.
You
can
stake
your
build
tokens,
you
can
undelegate
redelegate
and
there
it's
not
shown
here
in
the
in
the
screenshot,
but
also
had
a
summary
of
the
governance
proposals
that
were
outstanding,
so
that
was
great,
really
happy
to
see
that
come
in
and
then
also
king
super.
A
So
king
super
submitted
a
discord
bot
which
allowed
you
within
discord
to
query
status
of
delegations
and
things
like
that
on
different
validators,
and
we
thought
that
was
really
cool
and
you
know,
as
the
community
grows.
We
really
want
discord
to
be
a
big
part
of
that.
So
I
can
see
king
super
reacting
in
chat
so
yeah.
We
really
want
discord
to
be
a
part
of
that.
A
So
having
capabilities
in
discord
has
been
helpful
for
a
lot
of
other
communities
and
we
we
love
to
see
that
so
great
job
guys
there
were
a
few
other
submissions,
also
that
were
really
great
that
I'm
not
going
through
here,
but
you'll
see
that
in
the
in
the
points
awarding.
So
I
really
appreciate
all
the
effort
so
with
that.
Let's,
let's
talk
about
mainnet,
so
the
similar
to
the
test
net,
which
has
had
or
will
have
five
total
phases.
A
The
main
net
will
be
phased
as
well,
and
we
can
talk
through
in
this
call
sort
of
an
initial
version
of
what
those
phases
we
expect
them
to
look
like.
Obviously,
this
is
sort
of
subject
to
a
bunch
of
things,
including
governance
decisions
themselves,
but
this
is
sort
of
how
we
see
mainnet
happening.
A
Four
four
primary
phases
is
what
we're
targeting
and
I'll
go
through
each
one
of
these,
but
really
it
ends
in
building
up
to
permissionless
smart
contract
installation,
which
is
really
what
we
want
to
get
to
where
anyone
building
a
smart
contract
in
our
vm
can
deploy
it
without
any
sort
of
governance
vote.
A
Anything
like
that,
and
so
this
is
this-
is
our
pathway
to
get
there
and
and
again
I
really
would
like
to
encourage
comments,
questions
to
come
in
as
I
go,
because
this
is
the
first
time
we're
really
talking
about
our
thoughts
here
publicly.
I
would
love
to
know
what
you
guys
are
thinking
or
or
what
is
useful
or
would
be
helpful
to
go
into
more
detail
either
on
this
call
or
on
a
future
call
okay.
A
So,
let's
start
about,
let's
talk
about
phase
zero,
so
the
first
thing
you
may
notice
there
is
the
target
date,
which
is
this
month
that
is
extremely
soon
and
clearly
overlaps
with
the
test
net.
So
that
requires
a
little
additional
context
here.
Phase
zero
really
is
the
cosmos
layer
only
so
there's
no
gork
vm
involved
in
phase
zero.
It's
really
about
the
distribution
of
tokens
to
initial
holders
like,
for
example,
potentially
test
net
participants.
Things
like
that
and
it
would
launch
with
transfers.
A
Disabled
validators
will
come
online,
so
probably
some
seed
validators
based
on
our
current
relationships,
but
then,
as
soon
as
we
launch
it
would
be
permissionless
validators
can
join
and
then
we
would
leave
it
to
governance
to
enable
certain
features,
for
example,
cosmos
level
transfers
or
things
like
that.
So
those
those
actual
governance
proposals
will
will
be
a
future
thing,
but
on
launch
it
will
just
be
distribution
and
governance.
A
If
you
are
a
developer,
what
we
would
ask
you
to
do
during
this
time
is
work
on
the
bounties
that
we
are
going
to
be
talking
about
in
the
initial
set
today
and
then
also
we're
really
interested
in
infrastructure
and
tooling,
and
then
also
contracts
to
be
launched
on
test
net
to
prepare
for
mainnet,
all
of
all
of
which
will
be
super
useful
and
we'll
we'll
talk
about
the
pathway
for
some
of
those
contracts
as
we
go
all
right.
So
that's
that's
phase
zero
phase!
A
One
is
the
launch
of
the
agoric
treasury,
which
will
be
using
the
agorik
vm.
Of
course
it's
in
the
javascript
layer.
Anyone
that's
in
the
test
net
has
seen
it
if
you
are,
if
you
have
interacted
with
our
beta
at
all,
you've
seen
the
initial
ui
for
it,
but
the
treasury
launch
includes
vaults
and
the
automated
market
maker.
So
what
you
would
be
able
to
do
as
a
user
is
bring
your
build
or
potentially
other
assets
as
as
allowed
by
governance
and
mint
run
against
it.
A
We
would
have
ibc
enabled
so
that
users
can
bring
in
those
assets
so
whether
that
is
a
pegged
eef
coming
over
the
gravity
bridge
to
the
cosmos
hub
to
agorik
or
whether
it
is
atoms
from
the
hub.
That
would
be
our
ideal
as
those
those
core
assets
get
enabled
early
on
and
can
can
collateralize
vaults
in
the
treasury
and
then
with
ibc.
That
would
also
mean
that
the
run
that
you
mint
could
be
brought
to
another
another
chain.
A
So
those
of
you
paying
attention
the
last
couple
months
might
have
seen
run
in
the
gravity:
decks
competition.
You
know,
we
see
an
opportunity
for
a
solid,
stable
coin
in
the
cosmos
ecosystem
and
run
could
be
that
stable
coin,
so
bringing
your
run
to
gravity,
decks
or
other.
You
know
osmosis
decks,
or
things
like
that
could
be
a
very
interesting
first
use
case
here.
A
If
your
developer
still
you'll
be
launching
against
bounties
or
building
against
the
bounties
infrastructure
and
tooling
still,
but
then
I'll
actually
talk
about
phase
two
a
little
bit
to
get
you
a
better
sense
of
what
you
can
be
thinking
about
as
a
developer
here
so
again,
phase
one
here
is
the
igor
treasury
launch
we're
targeting
q3
for
that
likely
in
sort
of
roughly
the
same
time
frame,
we
would
have
phase
two,
which
is
permission,
smart
contracts,
and
this
is
a
really
interesting
phase
and
I
think
it's
specifically
interesting
on
agoric
versus
other
chains,
where
there's
a
little
bit
less
capability.
A
We
have
some,
I
think,
there's
a
big
opportunity
here
if
you
are
a
developer,
if
you're
looking
to
launch
a
d5
project
to
look
at
this
phase,
even
prior
to
permissionless
launch
as
a
place
to
launch
a
business,
and
so
I'm
gonna
spend
a
little
time
talking
about
it
again.
A
Please
do
ask
questions
as
things
occur
to
you
here,
but
in
phase
two,
the
the
smart
contract
installations
on
the
gork
chain
will
be
obviously
the
treasury
additional
contracts
that
the
igor
team
has
built
and
tested
and
feels
very
comfortable
with,
but
then
also
contracts
launched
by
others.
That
may
have
gone
through
a
testing
process
and
are
allowed
by
governance.
So
it
will
be
a
permission
phase
really
really.
The
reason
for
this
is
the
gorick
chain.
A
We
we
have
security
audits
that
we're
looking
to
go
through
and
opening
ourselves
up
to.
Permissionless
contracts
opens
ourselves
up
to
all
sorts
of
adversarial
code
that
we
want
to
make
sure
we're
ready
for
before
we
allow,
but
before
that,
we
can
allow
these
permissioned
contracts
to
come
in
and
a
contract
in
agoric
gets
installed
on
the
chain,
but
can
get
instantiated
multiple
times
with
different
parameters
or
different
policies.
Even
so,
for
example,
you
could
have
a
loan
contract
that
uses
a
different
kind
of
liquidation
from
one
that
has
existed
before.
A
So
even
one
loan
or
any
kind
of
contract
installation
could
lead
to
a
bunch
of
businesses
which
actually
meaningfully
differentiate
themselves.
So
an
example
that
I
just
think
of
off
the
top
of
my
head
on
ethereum
is
compound
versus
cream
right.
Both
of
them
are
lone
protocols,
but
the
primary
differentiation
between
them
is
compound.
Has
a
very
strict
governance
process
for
what
assets
they
allow
and
cream.
A
Doesn't
cream
is
much
more
lazy,
fair
with
their
risk
and,
as
a
result,
has
a
different
risk
profile
for
users,
but
also
allows
a
whole
bunch
more
assets
to
get
launched,
and
those
are
two
totally
viable
projects
that
are
competing
with
each
other
but
but
differentiated,
and
things
like
that
will
be
how
to
think
about
the
permission.
A
Smart
contract
phase
in
agoric-
and
it
may
even
be
more
more
expansive
than
that,
where
you
have
sort
of
a
generic
nft
platform
where
you
could
and
almost
entirely
customize
a
totally
different
nft
from
someone
else
just
using
the
same
contracts.
So
the
reason
I'm
spending
time
on
this
is
that
I
think
it
would
be
easy
as
a
as
a
user
or
developer,
to
dismiss
this
phase
and
to
wait
for
the
permissionless
launch,
and
I
would
encourage
you
not
to
do
that.
A
I
think
there's
going
to
be
a
lot
of
cool
stuff
that
gets
built
here
that
that
launches
and
then
also,
if
you're,
looking
to
build
something
new
that
isn't
part
of
the
permission
contracts,
we'll
we'll
have
a
process
where
that
can
get
submitted
to
governance
and
potentially
added
okay,
great.
So
the
timeline
there
is
sort
of
roughly
in
a
similar
time
frame
as
the
treasury
launch,
and
then
the
next
phase
is
permissionless.
So
this
is
where
chain
is
open
completely.
A
Anyone
can
deploy
whatever
you
build,
that
is,
after
the
gork
vm
has
gone
through
the
kinds
of
security
audits,
adversarial
testing,
and
things
like
that
that
that
we
need
to
go
through
before
we
can
allow
this.
But
hopefully
this
phase
is
relatively
clear
to
everybody.
A
So
with
that
said
it
it's
sort
of
worth
talking
through
a
little
bit.
How
that
overlaps
with
the
test
now-
and
I
mentioned
that
phase-
zero
is
cosmos
and
tendermint
only
you
can
kind
of
think
of
phases,
one
and
two
of
the
test
net.
As
similar
things,
I
mentioned
phase
three
started
to
test
the
agora
vm
and
that's
where
sort
of
phase
one
in
our
main
net
launch
happens.
A
The
adversarial
test
net
phase
is
the
first
test
of
permissionless
deployment,
so
permissionless
deployment
would
happen
after
after
adversarial,
but
we
think
we
we
can
phase
the
mainnet
rollout
such
that
we
are
testing
the
things
we
need
to
test
at
the
lower
levels
and
then
allow
the
mainnet
rollout
and
then
continue
on.
A
So
that's
why
these
things
overlap
and
really
it's
it's,
the
team
being
aggressive
about
making
sure
that
we're
we're
pushing
hard
as
fast
as
we
can
and
but
doing
it
in
a
way
that
makes
sure
that
everything
is
tested
prior
to
launch.
So,
obviously
I
do
expect
there
will
be
questions,
especially
as
the
test
net
rolls
on
and
as
as
more
people
start
to
become
aware
that
our
mainnet
phasing
is
starting
to
roll
out.
A
So
we'll
be
in
discord
to
answer
more
of
those
questions
and
as
things
come
up,
we
can
come
up
with
additional
materials
to
help.
Explain
it
to
make
sure
that
you're
able
to
explain
it
to
other
members
of
the
community
and
that
everyone
sort
of
understands
where
we're
going?
A
Okay.
So
with
that,
I
mentioned
that
one
of
the
things
the
developers
should
be
looking
out
for
is
is
building
against
the
beta
bounties
and
the
first
three
bounties
are
they're
they're,
mostly
specked
out
already.
They
should
be
live
sometime
either
this
week
or
early
next
week,
and
we
have
three
that
we're
starting
with
each
of
which
is
is
around
two
to
four
weeks.
We
estimate
for
this
in
terms
of
single
developer
time
and
each
of
which
would
be
really
important
for
the
agora
economy.
A
So
the
first
is
implementing
the
core
chain
link
contract
on
agorik
and
it's
specked
out
in
the
boundary.
A
I
think
it's
the
fluk
flux,
aggregator,
dot,
soul
contract
and
that
does
a
lot
of
the
logic
around
aggregation
of
different
prices
coming
in
for
a
given
a
given
asset
taking
the
median
or
something
along
those
lines,
and
that's
the
primary
contract
in
solidity
that
we
need
a
version
of
in
a
gorek
and
so
again
we'll
we'll
drop
a
link
in
discord
to
the
bounties
when
they're,
when
they're
launched
and
there's
quite
a
bit
of
additional
detail,
included
there.
A
But
that's
a
core
piece
of
technical
infrastructure
for
us
that
we
need
prior
to
being
able
to
have
prices
for
the
treasury
vaults.
So
we
need
to
be
able
to
liquidate
based
on
some
reference
price
that
we
trust
and
chain
link
was
our
our
oracle
partner
to
launch.
So
we
want
to
make
sure
that
we
have
the
end
to
end
built
there,
michael
figg
on
our
team
and
and
several
others.
We've
built
out
quite
a
bit
of
the
additional
parts
of
the
integration,
and
this
is
the
last
piece.
A
Next
one
is
a
pool
based
loan
protocol,
so
I
kind
of
mentioned
compound
and
cream,
and
that
was
intentional
because
one
of
our
initial
bounties
here
is:
we
want
to
have
a
loan
protocol
where
users
can
deposit
assets
and
borrow
assets
against
a
pool
during
the
agoric
alpha,
we've
launched
a
peer-to-peer
loan
protocol,
which
is
sort
of
I
specifically
lend
to
someone
else
which
could
be
used
as
a
guide,
but
I
think
this
will
be
a
little
bit
of
a
different
structure
and
we
view
this
as
a
core
piece
of
the
economy.
A
So
we'd
be
really
excited
to
see
a
good
submission
here,
and
I
think
this
also
goes
into
the
the
category
of
it
gets
built
for
the
bounties.
It
gets
permissioned
launched
on
the
chain
and
then
is
part
of
phase
two
for
people
to
use,
including
whoever
whoever
built
it.
If
you
want
to
instantiate
your
own
version
and
run
it
at
that
point,
you'd
be
able
to.
So
I
think
that's
a
really
exciting
opportunity
as
well
and
then
last
is
the
plugable
stable,
amm
curve.
A
So
in
in
ethereum,
we've
seen
the
success
of
curve.5.
They
did
stable
swap
which
allowed
users
to
make
a
pool
of
like
assets
like
stable
coins
or
ethereum
versus
synthetic
ethereum,
or
something
along
those
lines
and
for
us
having
a
stable
value
it,
and
that
was
actually
a
critical
component
of
stable
coins
like
susd
and
dye,
starting
to
maintain
their
balance
much
more
clear
closely
to
the
dollar.
A
Obviously,
we
have
run
as
our
stable
coin
and
we
want
to
have
a
similar
dynamic
where
it
doesn't
need
to
trade
against
other
stable
coins
on
an
x
y
k
curve.
It
can
trade
on
a
stable
swap
like
curve,
so
we'd
love
to
see
a
good
implementation
of
similar
logic
in
agorik
and
an
update
to
our
amm
to
allow
the
the
plugability
of
that
that
curve
so
yeah
these
are.
These
are
our
first
three
bounties
we
have
more
that
are
that
are
coming
along
the
way.
A
If
there
are
things
that
you
specifically
are
interested
in
building,
that's
something
that
we
would
listen
to.
Obviously,
so
please
talk
to
us.
A
few
of
you
have
started
working,
I
think,
on
things
like
a
an
explorer
for
the
igor
vm
and
that's
something
that
will
be
coming
as
a
bounty
later
as
well,
so
really
really
excited
to
get
these
rolling
and
see
what
you
guys
can
build.
A
Okay,
so
next
big
piece
is
agoric
is
growing,
so
we're
growing
the
core
team
pretty
considerably
here
and
hiring
for
a
number
of
roles.
So
director
of
engineering,
two
front,
end
developer
roles
on
the
engineering
side
and
information
architect
and
then
on
the
marketing
side,
developer
relations,
community
and
growth
manager,
two
operations
roles,
one
partner
programs
manager.
So
a
lot
of
different
kinds
of
skill
sets.
So
for
those
of
you
that
have
been
following
us
for
a
while.
A
You
know
we
know
that
your
networks
are
important
assets
and
if
you
have
people
that
you
think
would
be
good
fits
for
these
roles,
please
refer
them
over
to
us.
You
know
we
we'd
love
to
get
these
people
in
and
ramped
up
as
quickly
as
possible,
and
I
think
that
it's
important
to
say
that
I
I
mentioned
each
each
of
the
main
net
rollout
phases
had
target
dates.
A
I
think
those
in
in
large
part
are
dependent
not
only
on
on
governance,
because
at
some
point
governance
takes
over
and
determines
what
upgrade
should
happen,
but
also
on
the
hiring
itself.
So
we
need
to
have
the
capacity
on
our
end
to
actually
be
able
to
make
the
upgrades
that
we're
we're
looking
to
make-
and
this
is
a
critical
part
of
that.
So
our
our
primary
listings
are
on
angellist.
A
All
right
so
on
to
events,
so
dean
is
going
to
be
at
bitcoin2021.
He's
got
a
few
a
few
meetings
lined
up,
but
if
you're
going
to
be
there
reach
out
to
us
on
discord
and
say
hi
to
dean,
because
we
we'd
love
to
have
you
meet
our?
Have
him
meet
our
community
members?
So
he'll
be
there
through
friday.
I
believe-
and
he
is
also
doing
an
ama
on
reddit
so
june,
11th
at
1,
pacific
time.
A
If
you
have
additional
questions,
please
show
up
there
if
you're
a
member
of
the
community
in
general-
and
you
want
to
show
support,
show
up
and
ask
questions
there.
I
think
there's
probably
a
lot
of
people
for
that
are
going
to
be
new
to
agorik
and
as
community
members
it's
you
know,
an
important
part
of
making
sure
that
we
sort
of
welcome
new
people
in
to
you
know,
be
be
welcoming
and
have
an
active,
active
question
session
with
dean.
So
please
do
engage
him.
A
Okay,
all
right
great,
so
a
lot
of
content
to
go
through
here
and
I
think,
as
as
we
get
closer
to
some
of
these
magnet
rollout
phases,
we'll
have
additional
content
on
what
it
really
means
as
a
developer.
What
you,
what
you
should
do
as
a
user,
what
you
should
be
looking
out
for,
but
at
a
high
level
this
is
really
the
structure.
We're
thinking
about
would
love
to
hear
feedback
comments,
questions
you
know
either
on
youtube
now
or
in
discord
later.
A
I
always
appreciate
people
reaching
out
afterwards,
okay,
so
that
that
was
the
content
that
I
had
prepared
here,
happy
to
wait
a
couple
minutes.
I
I
I
see
some
familiar
people
on
youtube
but
haven't
seen
any
questions
come
in
I'll,
give
you
give
all
of
you
10
15
seconds
and
then
otherwise
happy
to
engage
in
discord
or
see
you
next
month
at
the
next
community
call.