►
From YouTube: Neutro Swap AMA: Innovating DeFi on EOS
Description
In this AMA Stephane Bisson and Brandon Lovejoy sit down with the Cofounder of Neutro Swap and Talk Defi and protocol Features including, Liquidity Pools, EOS EVM, Neutro Swap roadmap, Token Supply, and more!
00:00:00 Welcome to EOS Twitter Spaces
00:04:05 Introducing Neutro Swap
00:11:18 Liquidity Pools and Providers
00:13:03 Benefits of choosing EOS EVM
00:18:14 Neutro Swap Future Roadmap
00:28:11 Neutro Swap Launchpad
00:33:54 The Team Behind the Project
00:40:39 Security and Token Supply
00:47:21 End
The EOS Network Foundation coordinates financial and non-financial support to encourage the growth and development of the EOS Network. We’re harnessing the power of decentralization to chart a coordinated future for the EOS Network as a force for positive global change.
// EOS Network Foundation //
https://www.eosnetwork.com
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https://t.me/EOSNetworkFoundation
https://discord.gg/eos-network
info@eosnetwork.com
#EOS #Web3
A
Welcome
to
another
EOS
Network
Foundation
hosted
Twitter
spaces
I'm
your
host
Brandon
Lovejoy.
My
co-host
today
is
the
incredible
Stefan.
Zone
Stefan
is
a
long
time.
Eos
Community
member
and
a
vocal
defy
Enthusiast.
He
is
also
the
co-founder
of
EOS
Nation,
one
of
the
top
black
producers
on
EOS
and
a
big
fan
of
EOS
nfts
Seth.
A
It's
also
the
host
of
the
hot
sauce
and
a
man
of
many
hats,
and
today
we
have
an
opportunity
to
sit
down
with
Benny
Maru,
who
is
a
front-end
developer
in
the
web3
space
and
one
of
the
co-founders
of
Nava
Labs,
the
company
incubating
Nutra
swap
along
with
other
products
and
projects,
so
just
a
brief
overview.
A
Nutri
swap
is
an
automated
Market
maker
built
on
the
EOS
evm.
It
offers
little
fees
for
asset
swapping
and
provides
attractive,
rewards
for
staking
and
yield
farming.
A
Nutraswap
emphasizes
Community
involvement
and
allows
users
to
participate
in
decision
making
through
governance
voting
and
much
more
and
for
those
who
may
not
know
that
EOS
evm
is
an
emulation
of
the
ethereum
evm
housed
within
an
EOS
smart
contract.
It
offers
feature
parity
to
other
eems
in
the
space,
but
with
unmatched
speed
performance
and
compatibility
connecting
the
EOS
ecosystem
to
the
ethereum
ecosystem
by
allowing
developers
to
deploy
a
wide
array
of
solidity-based
digital
assets
and
Innovative
apps.
A
On
EOS,
we
received
37
responses
to
our
shadow
for
questions
about
neutral
Swap
and
thanks
to
everyone
who
submitted
your
questions,
that's
the
wisdom
of
the
crowd
in
action
and
that's
what
an
AMA
is
all
about
and
some
prizes
don't
hurt
either,
while
also
we
have
Jana
Brock
and
the
soundboard
in
the
background,
keeping
everything
moving.
So
thanks
to
Yana
Stephanie
Intel
for.
B
Me
yeah
excited
to
talk
to
Benny
Maru,
co-founder
of
Notre,
swap
while
I
Was
preparing
for
the
show
today
got
on
neutral,
swap
tried
out
all
of
the
features,
always
nice
when
things
just
work.
Maybe,
unlike
this
Twitter
space,
it's
right
now
trying
to
get
Benny
on
stage,
but
when
I
was
trying
out
neutral,
swap
everything
just
worked
out.
I
had
to
re-familiarize
myself
with
the
evm
structure.
B
It's
been
a
while
since
I'd
done
transactions
on
my
metamask
and
we
gotta
approve
the
transaction
first
and
then
send
it
in
so
that
that
shook
me
up
at
first
a
bit.
I
was
like
what
happened.
Didn't
I.
Do
the
transaction
was
my
swap
not
going
through,
but
again
that
was
not
the
fault
of
the
platform.
That
was
the
fault
of
the
user,
which
happens
with
me
sometimes,
but
once
I
remembered
how
this
game
works
on
the
evm,
everything
was
very
smooth,
be
the
point:
zero
zero,
two
EOS
or
something
to
do
the
swaps.
B
So
I
got
I,
got
spoiled
on
EOS
D5
over
the
years
and
now
right
now,
D5
box
was
the
only
D5
protocol
I'm
using
out
of
all
of
crypto
I,
have
no
money
on
exchanges,
no
money
on
centralized
lending
platforms
and
no
money
in
any
D5
outside
of
the
EOS
native
until
the
ercvm
launch
and
of
course,
I.
Try
tried
out
some
of
the
protocols
when
it
launched
neutral,
swap
I
went
through
click
through
everything,
getting
ready
for
the
show
and
yeah.
B
A
A
C
Okay,
for
this
I
think
we
have
to
go
back
to
the
start,
like
the
first
from
the
ideation
and
then
to
the
deployment
of
the
social
club
sure
for
the
introduction.
Basically,
music
shop
is
a
Community
Driven
amm,
where
that
is
like
our
idea
of
separating
ourselves
from
the
others
mm
in
the
industry
for
the
birth
of
neutral
sub.
C
Our
team
was
just
like
everyone
else
in
this
space,
so
where
we
were
looking
for
opportunities,
because
that's
what
we
do
in
this
place
right
and
then
things
had
been
slow,
as
you
guys
knowed
in
the
couple
of
months,
and
then
we
wanted
to
build
something
anything
basically
and
that's
when
we
stumbled
upon
the
EOS
evm
test
net
announcement,
one
of
the
neutral
Subs
co-founder-
and
he
is
present
here.
But
jonathananda
is
an
audience.
C
He
is
quite
familiar
with
what
EOS
has
achieved
in
the
past,
so
we
conducted
a
deep
dive
into
the
whole,
the
ecosystem
of
EOS
itself
and
then
the
community
of
EOS
detect
behind
EOS
and
the
EOS
evm
itself.
Anything
we
can
find
on
the
internet
and
we
concluded
that
EOS
evm
has
the
potential
we're
looking
for.
Considering
it's
still
in
its
interesting,
like
it's
still
new
new
chain,
so
we
went
all
in
and
then
bring
some
on.
C
A
B
Obviously
we
love
hearing
that
people
are
hearing
about
the
new
things
going
on
EOS
and
are
attracted
by
the
opportunities
that
now
exist,
and
it's
not
everyone
in
the
crypto
space
that
realizes
that's
the
reality
of
EOS
right
now,
a
lot
of
development,
a
lot
of
opportunity
and
so
yeah.
So
I'm
really
happy
to
hear
that
you,
you
stumbled
onto
a
tweet
about
a
test
net
and
then
did
your
research
and
ended
up
wanting
to
go
all
in
and
deploying
on
yasivian.
B
That's
really
awesome
yeah
happy
to
build
here
all
right,
yeah,
so
a
couple
questions
that
were
sent
in
and
then
we
can
open
it
up
to
the
crowd.
If
anyone
wants
to
come
on
stage
and
ask
some
questions
as
well,
you'll
have
the
opportunity
to
do
that
and
then
I've
got
some
additional
questions.
Perhaps
a
bit
spicier
that
maybe
we'll
get
into
depending
on
the
time
so
first
question:
here:
we
have
security,
is
Paramount
in
the
world
of
decentralized
exchange.
C
This
is
basically
like
all
the
main
concerns
for
all
protocols,
like
the
security
of
the
protocols
and
we've
try
our
best
to
ensure
the
safety
of
our
use
of
funds
and
then
potential
hacks
vulnerabilities.
We
base
our
neutral
sub
on
some
of
the
most
established
protocol
in
the
industry,
and
our
contract
is
audited
by
solid
proof
and
if
I
can
send
you
the
report,
so
people
here
can
check
it
out.
Yeah.
B
For
sure
definitely
share
that
information
with
us
we'll
get
that
shared
with
the
community.
But
maybe
this
seems
obvious
to
you,
but
you
just
want
to
check
neutral
swap
is
a
fork
of
uni
swap
I
know
a
lot
of
protocols
after
the
strategy.
They
do.
Maybe
it's
so
obvious
that
it's
not
even
mentioned,
but
maybe
not
everyone
here
in
this
audience
is
very
familiar
with
that
ecosystem.
So
maybe
you
can
talk
a
bit
about
that.
C
Yeah,
that
is
true
from
Unison
V2,
which
is
a
very
commonly
for
protocol
out
there,
like.
Maybe
one
is
the
most
popular
ones,
because
how
create
it
functions
as
a
protocol,
so
I
don't
think
security
would
be
a
much
of
a
concern,
but
after
we
do
all
the
forking,
we
actually
ask
solid
proof
to
audit
our
contract
again,
just
just
make
sure
double
check
make
sure
everything
is
good.
Did.
C
The
swap
features
yeah
it's
basically
the
same,
but
like
we
added
Farm
features,
and
then
the
fault
features
that
we
took
that
from
the
different
part
like
we
took
inspiration
from
other
protocols
and
then
develop
it
ourselves
just
to
make
it
compatible
with
the
current
code
base
of
a
unusual
V2.
Okay,
all
right
all
right,
great.
B
This
intermediating
the
banks
through
on-chain
protocols,
is
one
of
the
reasons
I
got
super
excited
about
crypto
over
five
years
ago,
when
I
joined
in
January
2017,
and
this
story,
I
was
telling
people,
but
in
the
early
2017
like
this,
is
what's
going
to
happen
in
the
future.
It's
going
to
be
these
protocols
that
are
going
to
act
like
Banks.
We
won't
need
to
have
banks
that
screw
us
over
everything's
gonna
be
transparent.
You
can
look
at
everything
on
chain
and
either
just
think.
B
It's
very
cool
that
we're
we're
at
that
at
this
spot
in
the
D5
history,
where
you
know,
teams
like
yours
can
easily
deploy
new
D5
protocols
on
chains
like
ours
that
are
incentivizing
Builders.
To
do
that
so
I
just
think.
That's
awesome
and
wanted
to
take
a
moment
to
appreciate
that.
Okay
question
number
two
neutral
swaps:
liquidity
pools,
are
a
crucial
component
of
the
platform.
How
does
neutral
swap
attract
liquidity
providers
to
its
pools
and
incentive
incentivize
them
to
participate
in
what
benefits
do
liquidity
providers
receive
in
return
for
their
contribution?
Yes,.
C
That
is
actually
our
first
goal.
Are
we
just
to
attract
Liberty
providers,
since
EOS
evm
is
still
in
in
infancy
like
the
new
chain,
so
there's
not
much
liquidity
there?
So
what
we
do
is
when
liquidity
providers
take
their
LP
token
after
they
provided
liquidity,
they
can
stake
their
LP
token
to
our
smart
contract
to
farm
neutral
token,
so
not
only
they'll
receive
their
yield
from
Trading
fees.
They
can
also
farm
and
then
also
receive
the
initial
token
that
the
incentivization
that
we
give
to
them
all.
B
B
Right
question
number
four
neutral
swap
has
integrated
with
the
EOS
evm
blockchain,
of
course.
So
can
you
explain
the
benefits
and
advantages?
Choosing
EOS
as
the
underlying
blockchain
infrastructure
for
neutral,
swap
you've
touched
upon
this
a
bit
during
the
introduction,
but
I'm
wondering
maybe
if
you
can
go
a
bit
deeper,
perhaps
in
the
technical
details
or
some
more
yeah,
some
more
examples
on
the
topic.
C
Yeah
on
the
non-technical
side,
like
the
support
given
by
EOS
natural
Foundation,
has
been
great
and
for
the
technical
side,
as
you
guys
know,
he'll
see
them
offers
like
high-speed
transaction
and
very
low
cost.
It's
a
very
perfect
environment
for
new
sub
to
be
built
upon
and
with
all
of
those
criteria.
We
are
confident
that
neutral
shop
can
fully
utilize
and
bring
out
the
best
of
ucbm
awesome.
B
Actually,
I'm
curious
kind
of
related
to
that.
How
much
research
did
you
need
to
do
to
be
able
to
deploy
on
the
yasi
VM
or
is
it
it's
very
standard,
and
it's
just
like
any
other
evm
wasn't
too
much
resource,
and
in
parallel
to
that,
were
you
able
to
find
support
from
current
devs
in
the
ecosystem?
If
you
did
have
questions
for.
C
The
deployment
it's
basically
the
same
as
other
evm
like
we
don't
really
have
any
struggles
in
deploying
on
the
ecosystem.
Part
like
that
is
actually
one
of
our
biggest
challenges
that
we
had
to
overcome
because
since
EOC
is
a
new
chain,
we
can't
really
find
any
partnership
between
us
and
other
projects
because,
like
most
projects
is
still
unreleased
or
like
still
new,
so
there
are
still
focused
on
working
on
their
own
project.
C
So
I
feel
like
this
fact
is
some
sort
of
a
double-edged
short
for
neutral
sub,
like
it's
new,
it's
a
line
of
opportunity,
but,
like
nobody
already
established
there,
so
we
don't
really
have
a
project
to
partner
with,
but
because
of
that,
the
form
of
partnership
that
we
can
establish
is
like
getting
listed
on
analytics
side
and
then
exchanges
such
as
like
coin
gecko,
CMC,
defyama
and
crypto.com,
and
for
the
questions
part
like
we
actually
joined
our
Dev.
All
of
our
devs
join
the
EOS
developer,
telegram
group
and
that's
been
really
helpful.
C
B
They
all
have
these
aggregators
that
show
the
active
dapps
per
evm,
and
then
you
guys
are
listed
up
there
at
the
top
or
near
one
or
two,
whenever
I've
been
checking.
So
I
do
think
that
as
other
projects
launch,
you
guys
are
going
to
be
one
of
the
leaders
in
this
space,
which
I
think
is
going
to
pay
dividends.
So
maybe
stay
patient
a
bit.
Keep
doing.
These
shows
keep
talking
about
your
project,
the
EOS
community
and
I'm.
Sure
you
guys
will
have
many
opportunities
to
partner
with
other
projects.
B
Maybe
there's
not
big
Partnerships
available
for
you
guys
with
other
big
projects
right
now,
but
since
there
are
not
that
many
projects
available
when
I'm
looking
at
what's
going
on
in
the
ecosystem,
you
guys
end
up
being
mentioned
quite
often
so
I
I
would
imagine.
That
would
be
good
for
you
guys
in
the
long
run
and
I
would
invite
you
to
join
us
on
the
Fireside
and
come
talk
about
your
project
and
share
some
updates
there.
We
have
all
sorts
of
guests
from
the
EOS
community
that
joins
us
there
and
yeah.
B
It
would
be
great
to
have
you
guys
as
well.
Those
are
that's
at
1900
UTC,
so
sometimes
not
very
friendly
to
time
zones
for
people
in
Asia,
but
we
can
work
something
out.
Okay,
next
question
question
number
five
which
I
alluded
to
earlier.
Could
you
provide
some
insights
into
neutral,
swap's,
future
roadmap
and
what
the
team
envisions
for
the
platform
in
terms
of
scalability
user
adoption
and
ecosystem
expansion
yeah.
C
Adoption
we're
currently
planning
a
way
to
attract
more
users
from
outside
EOS
ecosystem,
because
we
noticed
that
the
current
uses
most
are
like
people
that
migrate
from
the
Native
machine
to
EOS
evm.
So
that's
like
only
a
small
market
share
of
the
whole
divide,
ecosystem,
right
and
I
think
we
have
to
be
more
aggressive
on
attracting
people
outside
that
bubbles,
and
we
are
hoping
with
the
help
of
EOS
neutral
fund
enf.
We
can
make
that
happen
for
the
expansion.
Our
current
short-term
plan
is
the
nutrition
P2.
C
C
You
won't
receive
anything
back,
but
with
this
nft
based
farming
mechanism,
you
will
receive
an
nfts
that
acts
as
like
a
receipt
to
your
deposit,
so
it
will
increase
conversibility
compost,
ability
of
our
current
firming
mechanism
and
with
the
current
V1,
as
I
mentioned
before,
we
are
only
focusing
on
attracting
liquidity
to
Natural
swap,
which
is
like
the
main
component
of
a
decks.
That's
what
we
need
to
do,
but
with
fitsu
we
are
expanding
our
reach
tokenomics.
C
C
C
B
A
C
C
You
can
actually
boost
your
yield
through
the
this
is
actually
like
one
of
the
utilities
for
the
lab
version
of
neutral
Dimension
before
so,
you
can,
if
you
hold,
if
you
lock
your
neutral
and
then
you
deposit,
that
lock
neutral
to
one
of
the
plugins
sorry.
So,
basically
we
are
bringing
as
what
we
call
plugins
to
the
utility
of
the
lock
version
of
neutral.
Will
okay
I'm,
just
gonna,
say
it,
but
we're
gonna
call
the
log
version
of
neutral
X
neutral.
C
If
you
hold
X
neutral,
you
have
the
options
to
deposit
that
X
neutral
to
three
different
plugins.
So
the
first
one
is
the
yield
booster,
which
you
can
use
to
boost
the
yield
you're
currently
receiving
from
your
nfts
and
the
second
one
is
Launchpad
plugins,
where
you
can
allocate
your
X
neutral.
So
you
will
have
like
special
treatment
once
our
Launchpad
is
launched
and
then
the
third
part
is
you:
can
you
can
receive
a
cut
from
our
protocol
Revenue
which
we
call
dividends?
A
That
very
cool
that
sounds,
like
you,
just
dropped
a
bunch
of
Elf
out
here
on
Twitter
spaces.
So
that's
so
great
thanks
for
sharing
when
you
say
locked,
could
you
expand
on
that
a
little
bit?
Are
we
talking
about
state
for
a
period
of
time
permanently
fixed
to
a
user's
account?
What
is
that
lock
functionally
for.
C
The
neutral
token
yeah
yeah,
you
can
lock
it
in
definitely
or
but
like
when
you're
Redeeming,
the
X
neutral.
There
will
be
like
a
fasting
period
for
it.
If
you
want
to
redeem
from
X
neutral
back
to
neutral,
but
if
you're
converting
from
locking
your
neutral
to
X
neutral,
it
will
be
one
per
one
and
then
it
will
be
locked
indefinitely
like
you
can
unlock
it
whenever
you
want,
but
when
you're,
unlocking
it
they're
gonna
be
fasting,
applied
to
your
X,
neutral.
B
C
The
proof
of
concept
is
already
up
in
our
Docs,
and
people
actually
can
check
it
out
now,
but
yeah
the
fasting
period.
You
can
choose
between
15
days
and
six
months,
but
that
is
still
sensitive.
It
might
change
in
the
future,
but
like
currently,
our
plan
is
15
days
to
six
months
and
then
the
ratio
of
neutral
unlock
that
you'll
get
will
be
differs
from
50
days
and
six
months.
If
you
fast
in
six
months,
you
will
get
the
whole
amount
that
you
unlock.
B
All
right
and
at
the
start
of
the
show
here,
I
mentioned
that
I
went
on
tested
out
all
the
features.
One
of
these
features
is
of
Vault,
so
right
now,
I've
got
neutral
locked
in
the
90-day
Vault.
What's
the
difference
between
locking
my
neutral
in
the
vault
and
this
x
neutral,
that's
coming
with
V2
yeah.
C
The
it
depends
on
your
yield
strategy,
a
yield
farming
strategy
like
if
you're
using
fault
you
only
get
neutral
by
locking
your
neutral,
but
like
with
the
new
utility
for
X
neutral.
You
can
choose
to
allocate
your
X
neutral
to
three
different
parts
depending
on
what
you
want.
You
want
a
cut
of
the
protocol.
Revenue
like
you
receive
dividends
or
you
want
participate
in
our
launch
pad
and
then
get
special
treatment
because
you
allocated
your
X
neutral
to
the
plugins,
or
maybe
you
can.
You
are
primarily
LPS
and-
and
you
want
to
boost
your
yield.
B
C
Yeah
for
the
Launchpad
to
intend
them
with
our
plan
to
become
like
the
anchor
project
of
EOS
evm.
We
want
to
facilitate
new
Builders,
so
they
can
raise
money
for
this
response
for
like
the
project
to
kick-start
a
development
for
their
own
projects
on
neutral
shop.
So
we
that's
our
aim
for
the
LaunchPad,
since
there
are
not
many
new
projects
for
now
and
that
we
are,
we
haven't,
launched
our
Launchpad
yet
so
that's
that
that
is
still
work
needs
to
be
done
and
make
sense.
C
B
C
So
we
actually
already
take
a
look
at
some
other
alternative
like
substreams
or
but
and
yes,
it
is
possible
to
be
used
just
like
the
graph
if
they
decided
to
support
EOS
evm
and
then
the
data
that
we'll
show
is
basically
the
whole.
The
total
number
of
detections
that
is
currently
has
been
done
in
neutral
Swap
and
then
the
LPS
all
the
data
inside
each
pools
and
all
that
for
the
analytics
yeah.
That
is
basically
what
you
can
expect
with
the
analytics
part.
B
Maybe
you
can
focus
on
your
V2
for
now
and
once
that's
launched,
hopefully
by
then
you'll
have
fire
hose
and
substreams
Technology
available
on
EOS
evm,
which
will
allow
you
to
get
that
data
you
want
and
to
build
these
cool
analytics
that
I
want
to
see.
So
there's
definitely
something
coming
in
that
for
that
section
of
your
project.
B
To
hear
it
all
right,
so
at
this
point
I
guess
we
can
invite
people
from
the
crowd.
If
you
guys
have
questions,
send
in
a
request
to
join
us
on
stage,
and
we
can
get
you
on
stage
to
ask
your
questions.
I've
got
a
couple
more
questions
that
I'd
like
to
ask.
But
Brandon
did
you
have
any
more
you
wanted
to
get
to
before.
A
Yeah
before
we
die
back
in
down
the
the
D5
Rabbit
Hole
Maybe
I'm
curious,
you
mentioned
that
something
which
differentiates
Nutro
is
that
it
emphasizes
Community
involvement
and
I.
Read
that
neutral
swap
allows
users
to
participate
in
decision
making
through
governance
voting
sounds
like
you
have
a
bit
of
a
like
a
Dao
kind
of
model
going
on
there
I'm
curious
what
your
thoughts
are
there
and
what
the
vision
is
for
that
yeah.
C
For
the
neutral
sub
governance
we
haven't
actually
have
anything
set
in
stone
because,
like
we
want
to
focus
on
the
product
first,
just
to
make
sure
people
are
having
great
experience
with
rdaps
and
then,
after
that,
when
we
already
mature
a
bit
and
then
we
can
focus
on
the
governance,
get
the
community
involved
in
the
whole
decision
making
of
our
protocol,
but
yeah.
That
is
still
something
that
we
set
aside
for
the
future.
So.
A
All
right,
cool,
yeah
I
was
just
curious
because
the
Sun,
the
docs
as
I,
was
reading
through
there
and
it's
something
that
you
know
it's
with
Haifa
and
everything.
We've
been
exploring
a
little
bit
cool
so
yeah.
If
anyone
wants
to,
they
can
raise
their
hands
and
be
added
as
a
speaker
as
Steph
just
mentioned,
and
feel
free
to
ask
your
questions.
But
until
that
time,
stuff
I
know,
you
have
some
more
questions.
You're
burning
to
ask
for.
B
Sure
I
got
a
couple:
I
got
a
couple
ones
a
couple
juicy
ones
actually
so
feel
free
to
answer
these
or
not
totally
understand
I
guess
one
question
that
I'm
always
very
curious
about
when
I
hear
about
these
new
D5
protocols
that
are
trying
to
attract
me
to
deposit
funds
and
trust
them.
Even
though
the
code
is
public
audited,
et
cetera,
there's
still
a
sum
amount
of
trust
required
to
deposit
my
funds
into
a
D5
protocol
and
so
I'm
wondering
if
you
can
talk
to
if
your
team
is
anonymous
or
not.
B
Maybe
if
you
want
to
share
what
the
country
or
jurisdiction
you
guys
are
in
I
know
a
lot
of
D5
Founders
has
to
remain
anonymous
or
pseudo
anonymous,
because
the
D5
regulations
in
their
country
is
probably
hostile
or
unclear
at
best
with
a
lot
of
uncertainty.
So
I
definitely
understand
that
and
also
I'm
curious
to
know
how
big
your
team
are.
You
mentioned.
You've
got
a
colleague
working
on
V2
as
this
Twitter
space
is
going
on,
and
so
yeah
just
would
like
to
know
more
about
the
people
behind
this
project.
C
C
C
That
the
team,
right
now
we
are
actually
a
team
of
five
with
four
of
us
as
the
co-founders.
The
main,
the
like
the
whole
project
manager
is
like
General
sunanda
he's
here.
He's
present
he's
one
of
the
listener
and
the
other
two
is
one
of
them
is
the
Smart
contract
developers
and
he
also
handles
the
back
end
and
the
other
is
also
a
front-end
engineer
like
me,
and
the
other
one
is
also
from
an
engineer.
So
we
got
three
Frontline
engineer
and
then
two
smart
contract,
slash
back
and
engineer
very.
B
C
Yeah
there
are
actually
some
of
them
mini,
swap,
of
course,
because
that
is
like
the
first
mover
of
amm,
like
you
have
to
look
up
to
them,
no
matter
what,
if
you're,
all
a
DEX
protocol
yourself
and
the
other
Protocols
are
like
Hamlet,
Exchange
and
then
Trader,
Joe
and
sync
swap
for
the
camera.
We
are
actually
inspired
by
them
for
our
tokenomics
and
we
see
like
how
genius
it
is
like
they.
They
built
all
of
this
Burning
mechanism
that
centered
around
there
usually
token
native
token,
and
then
for
sync
swap
they.
C
We
took
inspiration
from
them
actually
on
the
UI
part,
because
it's
so
clean
and
the
Trader
Joe.
We
actually
took
inspiration
for
our
farming
part
if
I'm,
not
mistaken,
yeah.
Those
four
are
actually
the
project
that
we
took
inspiration
from
and
then
my
personal
favorite
protocols
in
the
Dex
category
right.
B
A
That
deep,
that's
just
it's
actually
not
super
disturbingly
technical.
Make
your
eyes
bleed
it's
a
very
friendly
to
the
eyes
and
very
easy
to
read
for
a
non-technical
person
explains
everything
quite
well.
I
think
it
might
be
based
built
on
a
notion,
I'm,
not
really
sure
what
you
guys
have
backing
all
that
up,
but
yeah.
It
looks
nice.
A
A
While
we
have
Penny
Maru
on
this
occasion
and
go
ahead
and
request
speaking
Privileges,
and
they
should
be
granted
to
you
so
just
yeah
come
on
in
with
your
burning
questions,
if
you
have
them
Steph,
do
you
have
any
other
additional
thoughts
or
Betty?
Do
you
also
have
any
thing
you
just
want
to
share
that
we
didn't
touch
on
yet
today.
C
B
Yeah
I
think
this
was
a
great
overview
for
sure
we
covered
a
lot
of
different
parts.
I
mean
personally
actually
pleasantly
surprised
by
all
your
answers
and
you're
very
articulate
you
communicate
well.
So
this
has
been
very
enjoyable
for
me:
I'm,
probably
going
to
go
and
deposit
some
more
Assets
in
those
liquidity
pools,
probably
buy
some
neutral
tokens
and
yeah
support
you
guys
and
your
project.
B
My
final
question
a
bit
juicier,
not
sure
exactly
what
you'll
be
able
to
share
on
this,
but
for
those
of
you
who
are
following
defy
breaking
news.
The
leading
D5
protocol
curve
on
ethereum,
which
is
a
stable
coin,
swap
maybe
other
things
as
well,
but
that's
the
main
purpose
you
can
swap
between
usdt
die
usdc.
B
The
founder
recently
put
up
all
of
his
CRV
collateral,
which
is
almost
200
million
Worth,
or
something
like
that
in
exchange
for
a
hundred
million
dollar
loan
on
a
protocol.
I
believe
so
this
is.
This
has
caused
quite
a
stir
in
the
D5
Community,
because
basically
this
is
this
can
be
considered
the
equivalent
of
the
curve
founder
dumping
all
of
his
tokens,
and
this
guy
has
a
lot
of
curved
tokens.
B
Apparently
it's
about
50
of
the
entire
Supply
that
is
now
put
up
as
collateral
in
another
D5
protocol
and
he
took
out
a
hundred
million
dollar
loan
from
that.
So
this
kind
of
allows
the
founder
to
dump
all
his
tokens
without
necessarily
tanking
the
price
of
CRV
and
without
incurring
a
tax
event
because
loan
or
delaying
the
tax
event,
because
loans
are
not
taxable
in
many
jurisdictions.
B
The
problem
here
is
that
it
if
the
CRV
token
goes
down,
and
then
he
gets
this
position
liquidated,
the
founder
loses
all
of
his
CRV
token,
but
keeps
his
100
million
dollar
loan
and
then
these
CRV
tokens
would
of
course
go
down
in
value
significantly
if
50
of
the
supply
needs
to
be
liquidated
through
a
protocol,
and
so
this
has
got
some
people
yeah,
it's
been
causing
quite
a
stir,
and
this
is
very
new.
Like
I
said,
I
think
this
happened
in
the
last
24
hours.
B
I
have
not
verified
this
stuff,
I've
just
been
kind
of
following
Along
on
Twitter
various
people.
Talking
about
this
so
kind
of
two
questions
for
you.
Do
you
have
any
comments
on
this
situation?
Did
you
even
hear
about
it
because,
like
I
said
it's
very
recent
and
the
other
question
leads
me
to
wonder:
what's
the
token
allocation
and
distribution
of
neutral,
how
many?
How
much
are
the
founders?
Keeping?
What
kind
of
vesting
schedule
exists
and
are
there
mechanisms
in
place
to
prevent
such
a
scenario
from
happening.
C
Yeah
I'm
I
actually
follow
it
along
to
on
Twitter,
like
I've
seen
some
people
talking
about
it
but
like
I'm,
not
really
familiar
like
just
like
you,
I
haven't
checked
it
on
Jane
I
haven't
followed,
really
deeply
so
I.
Don't
really
have
comment
on
that,
because
I
might
trigger
something
which
I
don't
want,
but
I'm
actually
curious
on
your
part.
What's
your
opinion
on
that
before
I
answer
the
token
structure
of
nutrition.
A
B
Wow
wow
interesting
perspective.
I
had
not
thought
of
that,
but
it
makes
sense
yeah.
It
does
make
sense
because
they're
holding
hostage
these
other
protocols
and
then,
if
Al,
a
Ave,
incurs
a
loss
on
that
CRV.
Then
the
Ave
token
loses
value.
Another
D5
protocol,
which
uses
Ave
as
collateral,
could
see
some
Ripple
effects
and
so
yeah.
It
is
like
one
of
the
two
big
to
fails.
Protocols
is
attempting
to
socialize
the
losses
on
the
entire
D5.
Community
I,
don't
know,
I,
don't
know.
B
I
I
definitely
would
have
to
think
more
about
this
stuff,
but
very
yeah,
very
interesting
point
that
you
bring
up.
My
initial
reaction
to
this
is
that
this
is
going
to
serve
as
a
lesson
for
future.
D5
protocols,
right
and
maybe
neutral,
swap,
is
going
to
put
in
some
mechanisms
in
place
to
assure
the
community
that
this
situation
cannot
happen
again
and
it's
the
price
to
pay
to
be
part
of
this
Amazing
blockchain
Adventure.
That
is
defy
and
there's
going
to
be
blow-ups,
there's
going
to
be
bridges
that
get
hacked.
B
There's
like
all
these
things
are
inevitably
going
to
happen,
but
with
each
iteration,
these
protocols
become
stronger.
Oh
there's
a
potential
exploit
here
where
Founders
can
deposit
50
of
the
entire
token
Supply
onto
a
protocol.
Oh
okay,
let's
make
sure
that
can't
happen
as
people
I
iterate
on
these
D5
protocols,
they're
just
going
to
get
stronger
and
stronger,
more
resilient,
less
exploits
available,
and
eventually
we
get
to
a
place
where
most
of
the
features
that
Banks
currently
have
a
monopoly
on
in
the
world
could
be.
C
C
We
are
Community
Driven,
so
we
actually
allocated
85
percent
of
the
total
supply
of
neutral
to
the
community
which
will
be
used
for
incensive,
and
then
we
as
a
team
will
only
receive
five
percent
of
the
total
Supply,
which
will
be
vested
linearly
for
18
months
and
the
other
10
half
of
that
will
be
used
for
marketing,
which
will
also
be
fasted
linearly
for
12
months
and
then
the
other
five.
The
last
five
was
used
for
initial
equity
for
neutral.