►
From YouTube: Inter Protocol Community Call #2
Description
Dean Tribble and Zaki Manian joined us this month to discuss Inter Protocol, IST, and other Cøsmos related topics.
00:00 — Introduction
inter.trade website (https://inter.trade)
Crytpcito Podcast (https://youtu.be/zjXMqmQ5KiU)
02:54 – Nebular Paris Recap
Mechanics of Inter Protocol (https://youtu.be/0bd9zsNXDpY)
05:50 — MEV conversation in Cøsmos
12:16 — Inter Protocol Engineering Update
14:25 — Oracle Networks
18:02 — Asset choice as collateral with IST
20:51 — HackATOM and BUIDL Asia
A
Actually,
actually,
I
well
I'll
start
I'll
start
with
something
that
that
it's
kind
of
very
recent,
so
we
actually
finally
have
the.
I
would
call
it
like-
maybe
the
v2
of
the
website,
much
prettier
branded,
that's
that
inter
dot
trade,
so
you
can
finally
see
much
higher
level
presentation
within
the
protocol
goes
through.
You
know,
explain
explains
what
we're
about
has
a
bunch
of
good
links.
B
A
Yeah
yeah
now
they
do,
they
do
really
cool
work
and
it's
it's
like
it's
just
nice
to
see
this
thing
come
alive.
Oh
that's,
great
yeah!
So,
actually
on
that
too,
so
the
the
again
the
site's
now
you
know
more
officially
live
at
hinder.trade
yeah
we're
working
on
on
the
newsletter
should
be
coming
soon.
It's
gonna
give
a
lot
of
like
a
lot
of
updates.
Obviously
talk
about
some
of
the
things
that
ist
and
protocol
in
general
are
focused
on.
I
know
we
have
a
git
book,
that's
also
incoming.
A
I
don't
think
I
have
a
date
for
that
yet,
but
that's
in
the
works
that
should
be
on
the
site
as
well
and
the
other.
The
other
up
should
be
the
other
channels,
the
youtube
channel.
We
want
to
start
getting
all
the
videos
and
all
the
great
things
that
zucky
and
dean
you
both
are
running
around
talking
about
it
and
some
other
people
out
there
I'll
just
say:
yeah
yeah,
there's
a
whole
group
of
people
that
you
know
in
content
that
we
just
got
to
get
somewhere.
A
So
we
should
have
that
all
very
soon,
so
that's
kind
of
all
related
to
that
yeah.
The
other
thing
I
was
gonna
say
quickly.
I
know
there's
a
video
floating
around
for
the
cryptocedo.
I
don't
know.
I
don't
know
if
he's
on
this
call,
but
I
know
you-
and
you
were
both
probably
was
that
last
week
I
asked
both
on
the
on
the
tuesday
podcast
talking
a
lot
about.
You
know
going
on
with
the
gore
put
the
chord
within
a
protocol,
and
obviously
cosmo
verse
was
a
big
topic.
A
A
A
A
C
C
The
talk
is:
is
online
they're
cutting
up
the
nebular
like
talks
into
like
you
know
where
you
can
like
get
a
specific
talk
right
now,
there's
just
like
the
live
stream,
just
like
the
whole
day's
stream
february
was
really
cool
like
the
and
like
hcc
in
general,
was
like
the
whole
paris
week
was
right,
like
really
good,
like
you
know,
huge
huge
concentration
of
all
the
blockchain
people
there.
How
many.
C
C
So
if
there's
like
one
thing
that
we
probably
should
learn
or
like
that
could
have
been
done
better
at
nebu
or
it
was
like,
you
know,
accept
more
people
for
tickets
and
like
because
there
was
like
plenty
of
also
overflow
space
in
the
venue
like
out
into
the
courtyards
et
cetera.
So
it
was
like
only
a
hundred-ish
people.
C
Yeah
I
mean
the
it
was
the
it
was.
The
vow
like
it
was
there's
a
lot
of
surprisingly
there's
like
a
lot
of
validators
in
paris.
I
don't
know
why,
like
there's
a
lot
of
local
french
there's
like
a
strong
local,
french
validator
community,
and
so
there
were
a
lot
of
people
like
that.
There
were
like
all
of
the
people
who,
like
you
know,
then
there's
you
know
this:
the
the
standard
cohort
of
cosmos,
validators
and
zone
builders
and
smart
contract
builders
that
we
see
everywhere
it
it.
C
A
C
I'm
still,
I
think
I
tried
to
really
explain
to
people
why
the
arbitrage
mechanism.
Well,
I
mean,
I
would
say
the
most
important
thing
that
was
happening
at
nebula
right-
is
that,
like
the
mev
conversation
in
cosmos
is
really
heating
up
and
you
know
on
one
hand
osmosis
is
taking
you
know,
osmosis
has
like
sort
of
tony
came
out
with
a
very
aggressive
anti-mev
sort
of
set
of
talking
points
at
nebula.
C
So
you
know
in
the
ist
context,
it's
like
you
know.
The
atom
price
is
falling
for.
You
know,
as
as
it
does
in
crypto
market
volatility,
and
there
is
now
people
who
are
trying
to
bridge
in
ist
to
repay
their
their
debt
on
their
vaults
or
like
repay
their
vaults
and
reduce
their
liquidation
threshold
they're
people
who
are
trying
to
add
atoms
to
their
vaults.
There
are
people
who
are
trying
to.
C
There
are
people
who
are
trying
to
bridge
ist
to
to
arb
the
amm
pool
as
liquidations
are
occurring
and
buy
those
discounted
atoms,
and
so
all
of
this
stuff
is
happening
simultaneously
and
you
you
can
think
about
it.
Okay,
well
as
a
as
about
as
a
as
the
block
proposer
on
any
given
block,
you
have
all
these
different
competing
demands
for
block
space,
and
you
know,
if
you
you
know
you
can
you
know
if
there
are
cheap
atoms,
you
can
choose
to
do
that.
C
B
So
so
that
was
an
eye
opener
when,
when
I
think
it
was
sean
from
mechatech
was,
was
walking
through
some
of
those
scenarios.
It's
like
okay,
clearly,
that's
going
to
be
an
interesting
discussion
and
something
that
will
indeed
evolve
over
time
and
one
of
the
reasons
that,
as
you
noted
elsewhere,
why
we
really
want
extensibility
is
to
be
able
to
have
to
be
able
to
have
that
evolution
happen
in
a
healthy
way.
So
yeah.
B
A
B
B
About
the
the
the
the
the
md
conversation,
you
know
like
liquidation
conversations,
it
gets
into
sort
of
deep,
important,
critical
economic
design
flow
design,
stuff
that
needs
to
be
tested
and
measured
and
stuff.
That
has
you
know
competing
interests
and
what
you
want
is
a
framework
so
that
they
can,
you
know,
rationally
cooperate
where
that
makes
sense,
and
so-
and
so
that's
something
that
we've
done.
B
It
happens
over
time.
I
mean
we've
had
a
lot
of
conversation.
You
know
talking
about
liquidation,
you
know,
we've
walked
through
a
bunch
of
nation
processes
in
various
presentations
and
we'll
you
know,
zucky
did
it
in
in
in
the
nebular
conference
and
we'll
go.
You
know
and
we'll
probably
have
even
deeper
conversations
about
how
it
currently
works
and
what
are
some
of
the
future
pathway
pathways
that
we
will
all
you
know,
model
and
explore,
and
but
that's
not
before
launch
all
those
extensions.
B
You
know
the
goal
is
roll
out
with
you
know
something
that
is
that
is,
you
know
robust.
You
know
it's
a
minimum
viable
product,
it's
both
viable
and
minimum
right
and
and
then
with
an
extensibility,
so
that
it's
easy
to
add
and
evolve
those
over
time
as
the
market
changes
as
more
economy
is
available
on.
You
know
on
chain
all
those
kinds
of
things.
A
A
A
A
B
Good
so
other
elements
of
the
technology
right,
so
we
we
repeat
that
we
proceed
to
pace
on
the
implementation.
Four
contracts
are
all
you
know,
working
they've
been
they've
gone
through
security
audits
and
they
are
now
in
the
economic
stress
test
that
is,
you
know,
doing
various
liquidation
scenarios
and
and
and
so
forth,
but
there
are
remaining
platform
issues
or
platform
features
that
we're
finishing,
some
of
which
then
get
folded
into
those
contracts.
B
So,
for
example,
we're
we
we're
we're
in
the
process
of
migrating
to
much
much
more
higher
efficiency
notification
to
off-chain
sources.
Like
your
applications
about
what's
happening
to
vaults-
and
that's
that's
both
you
know,
will
support
you
know:
fancier
and
fancier
economic
stress,
testing
it'll
support
the
data
that
it
supports
the
data
that
gauntlet
needs
to
be
able
to
run.
B
You
know,
weekly
models
to
provide
governance,
parameter
recommendations
to
to
you
know,
sort
of
you
know
best
balance
over
collateralization
races
and
capital
requirements
while
ensuring
solvency-
and
so
those
are
all
about.
You
know
the
data
pathway
out
of
the
chain
and
which
things
need
to
be
notified
and
and
that
sort
of
stuff
and
that's
just
kind
of
the
finishing
engineering
work
that
always
takes
longer
than
you
think,
but
it's
critical
to
the
kinds
of
robust
systems
that
a
lot
of
us
have
built
in
the
past.
B
You
know
telemetry
wherefore.
If
there's
an
issue,
you
can
actually
measure
what
happened
in
production
instead
of
having
to
go
and
reproduce
it
into
a
network
and
that
sort
of
thing.
So
that's
a
lot
of
the
work
that
is
happening
on
the
on
the
inter
protocol.
Oh
and
one
more
thing
is
making
sure
that
that
all
the
data
that's
necessary
to
be
able
to
upgrade
these
these
contracts
as
they
evolve.
You
know
some
parts
are
pluggable,
some
parts.
B
You
know
we
we
have
locked
down
in
particular
ways
but
may
want
to
evolve
in
the
future
and
those
will
happen
by
contract,
upgrade
voted
by
governance
and
so
all
of
those
mechanisms.
You
know
those
are
sort
of
the
last
elements
to
to
integrate
in
and
verify
and
test,
and
that
kind
of
thing,
so
that
engineering
is
all
underway.
Still,
you
know
targeting
you
know
getting
all
this
stuff
done
in
q3,
for
people
to
be
able
to
to
to
actually
start
using
it
on
the
entertainment.
A
B
B
They're
doing
that,
all
independent
of
you
know
the
opco,
I
mean
we,
it's
a
smart
contract
being
built
on
the
platform.
We
help
them
with
those
those
parts
of
the
the
the
work.
But
it's
just
awesome
to
see.
That
kind
of
you
know
community
development
providing
a
key
element
of
this
ecosystem
architecture,
and
you
know
those
are.
Those
are
all
validators
that
people
across
the
cosmos
ecosystem
are
familiar
with,
and
so
so
that's
coming
together.
You
know
it
operates.
B
You
know
we,
we
did
load
testing,
we
have
things
we
want
to
that,
need
to
be
improved
in
the
in
the
pathways
coming
in
and
so
we're
we're
working
on
on
providing
the
interfaces.
They
need
to
be
able
to
lower
the
load
of
providing
oracle
information
into
the
chain,
but
everything's
architected
to
be
able
to
have
plugable
oracles,
of
which
they
will
be
providing
sort
of
this
core
oracle
infrastructure.
Inspired
and
supported
by
how
chain
link
approaches
things.
B
But
you
know
I,
I
love
a
characterization
that
sergey
of
chain
link
had
a
long
time
ago,
which
is
you
know
we
want
to
launch
d5,
legos
and
nfc
legos,
and
that
sort
of
thing
in
an
information
rich
world
and
so
to
us.
You
know,
prices
and
other
kinds
of
information
from
from
from
oracle's
are
just
another
d5
lego
right,
they're,
an
information
lego
you
can
plug
into
whatever
your
applications
are.
B
In
this
case,
you
know,
as
with
many
of
these
things,
ist
is
the
first
consumer
of
those
of
those
components.
They're
quite
pluggable,
they're
extensible
it'll
be
easy
to
add
new
kinds
of
oracle
providers.
You
know,
as
as
the
community
or
other
folks
on
the
interchange
in
the
providing
you
know
across
ibc
oracle
services.
B
C
A
C
B
A
B
Well,
there'll
be
so
you
know
I
can
opine
on
that,
but
I
won't
be
the
one
that
determines
that
you
know
the
governance
is,
is
twofold:
it's
it's
the
dow.
You
know
the
the
builder
now
the
governance
of
the
chain.
The
token
holders
will
vote
at
the
end
of
the
day.
For
you
know,
key
critical
things
like
what
assets
are
are
allowed
as
collateral,
and
they
will
also
approve
an
econ
committee,
an
economic
committee
that
has
the
the
the
job
of
doing
sort
of
the
day-to-day
economic.
B
You
know
if
you
will
bank
you
know
currency
management
as
it
were.
You
know
they.
They
will
be
the
ones
that
look
at
the
recommendations
out
of
systems
like
gauntlet
and
say
yep
that
looks
reasonable.
Let's
roll
those
into
the
system,
they've
done,
the
modeling
they've
got
they've
done
the
analysis
that
looks
good
and
so
as
new
collateral
types
come
in,
they
will
have
to.
You
know,
have
a
model
of
what's
their
volatility,
what's
the
risk
and
that
drives
what's
the
required
collateralization
ratio?
B
You
know
lots
of
the
the
crypto
assets
are
volatile,
but
they
have
value
and
they
can
they
can
provide
collateral,
but
you
need
a
model
of
it
and
you
need
to
make
sure
that
the
governance
parameters
around
it
in
terms
of
liquidation
ratios
and
that
sort
of
thing
you
know
are
correctly
fit
and
the
debt
limit
correctly
fit
those
collateral
types.
And
so
that's
not.
You
know
so
there'll
be
a
process
that
the
econ
committee
will
propose.
B
You
know,
presumably
the
builder
dao
will
review
and
approve
and
then
that'll
be
the
process
that
new
collateral
types
have
to
go
through.
You
know
this.
This
is
inspired
by
I
mean
you
know,
maker,
dao
and
others
have
evolved.
Processes
like
this
and
they're,
currently
kind
of
the
the
the
standard,
the
bar
that
you
should
get
over
in
terms
of
discipline
around
risk
management
to
make
sure
that
that
ist
is
a
solid.
You
know
solvent
token.
B
A
B
B
C
Well,
I
I
feel,
like
everyone
in
korea
seems
like
I
was
like
it
was
like
three
a.m
and
I
was
like
messaging
and,
like
everyone
else
in
blockchain
in
korea
was
also
awake,
so
I
don't
know.
Maybe
this
is
just
like
how
great
it
was.
I
haven't
figured
this
out
yet
like
what
is
what
are
the
waking
hours
in
korea.
B
Yes,
yes,
a
few
people
have
asked
me
so
I'm
getting
on
a
plane
tomorrow
and
I
will
be
there
on
the
28th
and
I
will
join
you.
A
few
people
ask
me
to
schedule
meetings
like
I
have
no
idea
what
time
will
be
like
there
from
both
a
jet
lag
and
schedule
rotation
and,
of
course
you
know
crazy
insane
number
of
events,
but
I'm
really
looking
forward
to
it.
So.
B
Yes,
I
will
be
presenting
some
of
the
things
that
are.
You
know
that
zucky
talked
about
in
nebula.
I
will
we
will
cover
them
some
more
with
a
with
a
you
know,
different
and
other
audience
focusing
on.
You
know
on
how
they
could
how
to
be
able
to
use
it
going
forward
for,
for
you
know,
entertain
ecosystem
stuff.
A
B
It's
very
slick,
it's
very
nice.
It's
got
some
of
the
key
documents
here,
but
we
know
that
we're
all
going
to
continue
to
add
data,
or
you
know,
content
and
technology.
You
know,
there's
there's
folks,
like
you
know:
jason
potts,
working
on
the
econ
committee
proposal
to
present
to
the
chain
and-
and
you
know
for
in
terms
of
what
its
job
will
be
and
what
you
know
and
that
sort
of
thing,
and
so
so
this
stuff
should
start.