►
Description
Forum Post: https://forum.makerdao.com/t/collateral-onboarding-call-40-stakewise-seth2/14676
-Intro by @juan & @retro
-Presentation by StakeWise DAO’s Jordan Sutcliffe @jstar
-Community Q&A
A
Welcome
everyone
to
the
40th
collateral,
onboarding
call
at
maker,
dao
retro
from
the
sustainable
ecosystem
scaling
core
unit
and,
as
usual,
I'm
joined
by
our
facilitator,
juan
and
also
today,
jordan,
from
stakewise
now
to
talk
about
a
new
collateral.
That's
been
proposed
for
onboarding
into
our
ecosystem.
A
Stakewise
is
a
tokenized
staking
pool
whose
interest,
bearing
token
is
s
e
ii,
which
is
the
collateral
we'll
be
talking
about
today,
jordan
will
give
us
a
quick
presentation
and
at
the
end
answer
any
questions
that
our
guests
may
have,
as
your
questions
come
up,
feel
free
to
drop
them
in
the
chat
and
we'll
get
to
it
as
there's
a
break
in
the
action.
B
Awesome,
thank
you
for
the
intro
and
thanks
everybody
for
taking
the
time
it's
a
it's
a
pleasure
to
be
able
to
come
and
speak
to
the
maker
community
on
the
behalf
of
statewide
dao
as
a
quick
introduction,
I'm
the
business
development
leader
at
stake,
wise
and
yeah.
As
as
you've
just
heard,
I've
got
a
quick
presentation
to
show
you.
B
I
appreciate
you're,
all
probably
very
familiar
with
liquid
eat
staking,
but
I
will
still
go
over
some
of
the
basics
to
start
with,
but
I
promise
I'll
be
quick
on
that
part
and
then
go
into
some
of
the
more
of
the
details
which
are
much
more
relevant
to
our
collateral
application.
So
if
I
don't
butcher
the
10
odd
technology,
hopefully
you
can
see
the
next
slide
so
as
as
you've
just
heard
we're
a
liquidy
staking
platform
we've
also
just
recently
launched
on
on
gnosis
chain.
B
The
project
itself
has
been
in
development
for
over
two
years
now
and
we've
been
live
on
ether
mainnet
for
over
one
year.
We've
got
about
80k
currently
committed
to
our
platform
by
over
4000
users,
and
we've
got
some
pretty
significant
liquidity
backing
that
too,
and
we'll
go
into
liquidity
of
our
essies
2
a
little
bit
later.
B
Essentially,
the
goal
for
stake
quiz
is
to
remove
key
barriers
to
entry
for
anyone,
who's
wanting
to
earn
rewards
on
the
beacon
chain.
The
first
of
you
have
have
technical
and
financial
hurdles
such
as
recurring,
32
eth,
and
we
remove
those
hurdles.
You
can
deposit
any
amount
of
eth
into
our
pool
and
on
the
infrastructure
side
we
have,
you
know
leading
node
operators
running
the
infrastructure
for
you.
So
there's
no
need
to
worry
about
any
of
that
and
then
the
next
two
points
revolve
around
liquidity.
B
Specifically,
I
speak
to
a
lot
of
people
about
liquidity
staking
and
it's
amazing.
It's
amazing
the
amount
of
people
that
don't
appreciate
what
the
liquid
aspect
means.
B
So
the
first
thing
you
can
do
well,
essentially,
when
you,
when
you
come
and
stick
with
us,
as
previously
mentioned
you're,
giving
s
you're
given
essie
2,
to
represent
your
deposit
into
the
pool
and
there's
two
key
things
you
can
do
with
that.
One
is
to
unstake
by
swapping
sc2
back
into
eth
on
the
secondary
markets,
and
the
other
thing
which
we're
looking
to
do
with
with
you
guys
is
to
give
utility
to
essie
to
allow
people
to
use
it
within
dfi.
B
B
What
that
means
is
when
eth
is
deposited
into
our
pool.
We
give
users
essies2
to
represent
that
deposit,
but
we
actually
give
the
rewards
for
staking
in
a
separate
token,
which
is
our
eth2.
B
It's
worth
mentioning
that
the
collateral
application
is
just
for
sch2
on
its
own
and
the
reason
why
we
do
this
model
there's
a
number
of
reasons.
First
off.
I
think
it's
just
a
cleaner
way
to
see
exactly
which
capital
you're
running
interest
on
and
how
much
capital
you've
earned
in
rewards
and
also
because
sc2
is
not
rebalancing,
not
repricing.
It's
effectively
like
an
interest
bearing
form
of
wrapped
ether.
B
It
doesn't
have
the
issues
with
a
lot
of
tokens
where
you
know
issues
with
rebalancing
tokens
in
across
d5,
and
it
also
means
that
if
your
sc2
is
active,
say
within
uni
swap
providing
liquidity,
you
can
still
access
your
staking
rewards
on
the
side
by
claiming
your
re2
in
isolation,
a
few
other
things
as
well.
It
actually
provides
the
highest
staking
yield.
B
The
reason
for
this
is
when
you
bundle
eth
earning,
rewards
and
also
previous
pool
rewards
into
one
token,
if
you
try
and
stake
or
if
you
wanted
to
go
and
stake
into
a
staking
pool
with
a
single
token
model
like
that
you're
actually,
the
way
to
visualize
it
is
you're
actually
buying
a
share
of
that
pool,
and
now,
if
that
pool,
contains
10
of
historic
rewards,
because
those
historic
rewards
are
not
interest
bearing
you're,
actually
diluting
your
capital,
ten
percent
of
your
deposit
would
actually
go
towards
buying
these
historical
rewards.
B
That's
not
the
case.
On
our
side,
a
hundred
percent
of
your
eth
goes
towards
earning
yield,
and
the
reason
for
that
is
because
of
this
dual
token
model,
we're
able
to
correctly
assign
rewards
to
the
people,
who've
actually
earned
them,
and
we
don't,
you
know,
require
new
users
to
you,
know,
start
buying
a
share
of
those
historic
rewards,
and
the
other
thing
as
well
is
that
you
can
actually
compound
and
reinvest
your
rewards
and
compound
stake
in
yield
using
this
model.
It's
a
misconception
that
staking
pools
are
already
auto
compounding
rewards.
B
It's
just
simply
not
possible
to
do
natively
as
all
the
eth
is
locked
in
validators
and
so
yeah.
On
with
our
side,
you
can
use
secondary
markets
again
to
sell
your
res
2
into
essie,
2
and
effectively
compound
your
rewards,
the
our
approach
to
decentralization
and
infrastructure.
So
what
we
run
is
what
we
call
a
semi
permissionless
decentralization.
B
Essentially,
the
way
that
works
is
that
anyone
can
apply
to
be
a
node
operator
on
the
platform
and
we've
got
a
robust
infrastructure
package
which
we
provide
to
these
new
node
operators,
but
rather
being
fully
permissionless.
We
have
a
dow
elected
committee
which
vets
applications.
B
The
prospective
operators
then
have
to
run
to
a
test
net
and
have
to
undergo
stress
testing
scenario,
testing
et
cetera,
and
then
these
results
are
all
shared
with
stakewise
dow
and
then
it's
the
dow
that
has
the
final
vote
on
whether
or
not
they're
allowed
onto
the
network.
We
launched
this
initiative
in
january
this
year.
B
You
know
we
appreciate
that
you
know
as
we
grow
we
it's
important
to
decentralize
and
since
january,
we've
had
two
node
operators
join,
which
is
very
hash,
encrypted
manufacturer
and
there's
another
couple
already
going
through
the
final
dial
voting
stage
now
and
we've
got
several
others
on
test
nets.
I've
named
a
couple
there,
but
there's
also
a
few
that
are
not
yet
public.
B
So
I
will,
I
won't
be
able
to
mention
exactly
who
is
on
the
test
net
but,
let's
just
say,
we've
got
some
pretty
significant,
leading
node
operators
on
there
as
well
the
gate.
The
the
whole
goal
is
to
provide
the
optimal
balance
between
security
and
yield
with
the
trusted
node
operators.
We
can
ensure
that
poor
funds
are
secure,
but
also
with
these,
like
institutional
grade
operators,
there's
less
risk
of
slashing
or
downtime
penalties,
but
it's
not
just
the
penalties
per
se.
B
It's
also
just
general
mistaster
stations
etc,
which
can
lead
to
like
poor
validated
performance
and
obviously
we
want
to
be
providing
our
pool
with
the
highest
yield
possible
and
we
intend
to
keep
growing.
Our
node
operator
sets
to
help
decentralize
the
network
further.
B
We
also
fully
intend
to
keep
innovating
in
this
space
and
utilize
new
technologies
like
dvt
to
help
push
essentially
like
maximal
decentralization,
whilst
also
you
know
applying
and
I'm
sorry
complying
with,
like
the
maximal
yield
and
security
goals
of
the
platform,
and
it's
also
worth
mentioning
as
well
that
it's
not
just
like
the
number
of
node
operators
that
we
feel
is
important,
but
there's
lots
of
things
that
node
operators
can
do
to
help
differentiate
themselves,
for
example,
location
being
one
of
them,
but
also
the
cloud
service
provider
they
use.
B
For
example,
you
know
it's
no
good
having
100
node
operators
if
half
of
them
run
on
aws-
and
you
know
we're
very
careful
when
we
are
selecting
operators
to
ensure
that
we're
not
just
adding
them
for
the
sake
of
it,
but
we're
actually
adding
it
adding
them
to
help
improve
and
decentralize
our
network.
B
Regarding
liquidity,
so
our
main
liquidity
pool
is
on
unit
swap,
and
we've
got
about
165
million
dollars
on
there
we're
using
concentrated
liquidity
on
univ3,
and
it's
proven
to
have
really
good
peg
stability.
I've
got
a
graph
on
this
slide,
which
shows
our
state
teeth
token
and
compares
it
to
lido's.
B
You
know,
lido's
is
obviously
very.
Is
it
actually
on
board?
Maybe
maybe
it
has
finally
been
on
boarded
on
pretty
it's
pretty
much
a
dead
certain
that
it
will
be
on
maker,
and
it's
often
seen
as
like
the
gold
standard
for
for
staking
derivatives,
and,
as
you
can
see
you
know,
our
our
our
pegs
ability
is
just
as
good
as
sliders.
B
The
pool
can
facilitate
significant
unstaking
with
fairly
minimal
lick
slippage.
I
looked
earlier
and
I
can
understate
25
000
eth
for
about
0.6
slippage,
which
is
pretty
pretty
good.
One
of
the
things
that's
worth
mentioning
is
that
this
uni
pool
runs
with
a
0.3
percent
trading
fee,
we're
looking
to
reduce
that
to
0.01
percent,
and
that's
with
that
is
expected
to
close
the
remaining
gap
that
you
see
between
essie,
2
and
eth
right
now,
and
that
should
actually
improve
the
slippage
versus
lido
state
youth
as
well.
B
We've
got
the
liquidity
gauge
set
up
and
we're
just
basically
just
waiting
for
the
next
round
of
gauge
votes
in
all
of
the
kickstarts.
The
pool
with
incentives,
we've
also
had
significant
key
seed
capital
promised
by
tribe
dao.
They
recently
executed
a
snapshot
to
stake.
10K
ethers
and
they'll
be
pairing.
Some
of
that
eth,
with
their
current
lido
state
these
holdings
to
provide
5k
of
seed
liquidity
with
into
that
pool
and
obviously
the
whole.
B
The
whole
idea
here
is
that
another
liquidity
pool
should
improve
the
peg
stability
further,
but
we're
not
stopping
there
in
the
sense
of
we're
not
just
happy
with
two
pools
we're
in
discussion
because
of
multiple
protocols
to
start
pairing.
B
It
sees
see
with
other
assets,
and
you
know,
sc2
is
already
the
second
most
liquid
state
teeth
token,
and
with
these
extra
liquidity
pools,
we
expect
not
just
the
liquidity,
but
also
the
pegs
ability
to
to
improve
the
thing
that
is
worth
mentioning
is
currently
we
rely
on
a
uni
uni,
swap
tiwa
oracle,
fully
aware
that
these
are
not
the
gold
standard
in
the
industry
and
with
these
extra
liquidity
pools,
we
are
going
to
be
upgrading
to
a
chain-link
oracle.
B
B
So,
as
I
mentioned,
we've
been
on
mainnet
now
for
over
a
year,
and
I
think
that
the
sf2
contract
itself
has
been
deployed
for
15
months.
Obviously,
time
live
in
this
industry
is
is
quite
important,
so
hopefully
we're
ticking
boxes
there
and
it's
worth
mentioning.
We've
had
no
security
concerns.
To
date.
B
Our
paul
is
non-custodial.
We
were
actually
the
first
to
move
to
non-custodial
staking
and
we
did
so
in
april
2021.
before
that,
staking
paul's
were
forced
to
use
a
multi-sig
and
we
did
the
same
thing.
B
Ours
is
called
horcrux
and
there's
lots
of
details
on
how
this
works
within
our
documentation,
but
it
is
worth
mentioning
we
do
have
about
18k
currently
state
to
buy
that
multisig,
because
it
was
staked
before
april
2021,
and
you
know
we
fully
intend
to
transition
away
from
this
as
soon
as
we
can,
but
essentially
we
have
to
wait
until
validator
withdrawals
are
enabled
to
to
facilitate
that
audits.
You
know
you
can
never
not
do
enough
audits.
B
In
our
opinion,
we've
had
three
already
and
we've
also
recently
announced
a
partnership
at
block
demon
to
provide
an
institutional
staking
platform
and
as
a
part
of
that
we'll
be
talking
statewide
and
it's
currently
undergoing
a
fourth
audit,
so
yeah
we're
and
it's
something
we'll
always
do.
Obviously
any
any
new
code
that
comes
out
to
the
platform
will
always
be
audited
before
before
going
live.
B
There
is
no
slashing
insurance
in
place.
Currently,
we
are
working
closely
with
one
of
the
leading
insurers.
In
the
place
to
provide
this
as
soon
as
possible,
so
you
can
expect
slashing
insurance
to
be
in
place
fairly
soon,
but
it's
also
worth
mentioning.
We've
had
no
slashing
or
downtime
penalties
to
date,
so
the
protocol
is
managed
by
stakewise
dow.
B
The
dow
is
community
owned
and
all
the
voting
rights
fall
to
holders
of
swise,
which
is
the
stakewise
governance
token,
and
by
by
managed
I
mean
whether
every
like
every
every
single
important
aspect
of
the
protocol
has
to
go
through
the
dow,
whether
it's
changing
their
production
fees,
adding
node
operators,
as
I
mentioned
before,
or
making
any
amendments
to
smart
contracts.
B
B
This
is
something
that's
actually
unique
to
our
platform,
and
the
reason
for
this
is
that
we
can
actually
force
eject
validators
from
our
network.
It
might
sound
a
bit
odd,
but
what
this
stops
is
the
risk
of
poor
funds
being
held
hostage.
Essentially,
the
pool
or
the
protocol
could
request
that
a
validator
is
spun
down
and
poor
refunds
and
pool
funds
returned,
but
essentially
node
operators
are
in.
You
know
they
have
no
interest
to
do
that.
B
They
want
to
keep
running
the
validated
they
want
to
keep
earning
money,
so
they
could
essentially
hold
poor
funds
hostage.
They
cannot
do
that
in
our
case.
If
an
operator
is
not
playing
ball,
we
can
literally
kick
them
off
the
network,
and
this
is
also
our
mechanism
for
ensuring
that
muv
and
tips
and
everything
that
will
come
with
post
merge
will
ensure
that
all
those
staking
rewards
go
to
the
users
of
the
pool
and
those
who
rightly
deserve
them.
Another.
C
Of
of
an
operator
not
playing
ball,
like
will
be
a
good
example.
B
Yeah,
so
I
think
I
think
the
example
I
gave
where
you
know,
operators
they
make
money
by
running
validators,
and
so
it's
a
bit
of
a
conflict
of
interest.
If
a
staking
provider
like
ourselves
asks
them
to
shut
down,
let's
say:
half
the
validators
because
they
are
not
performing,
for
example,
and
so
with
that
the
the
node
operators
could
essentially
just
refuse
to
close
down
the
validators.
They
can
refuse
they're
in
control
of
the
funds.
They
can
continue
running.
B
B
Thank
you,
and
then
just,
lastly,
is
on
the
client
diversity.
This
is
something
that's
quite
a
hot
topic
in
the
space
right
now
we
we
do
run
50
about
50
50,
between
prism
and
lighthouse
and
with
the
new
node
operators
joining
our
network,
we're
encouraging
them
to
use
minority
clients,
but
it's
also
worth
mentioning
that
as
part
of
the
infrastructure
package
that
we
provide
operators
within
that
we
have
mechanisms
so
that
node
operators
can
change
clients
in
real
time.
B
So
if
there
is
an
emergency
and
we
do
need
to
transition
away
from
say
prism,
then
we
can
do
so
within
as
part
of
our
infrastructure
package
and
it's
something
that
we
ask
node
operators
to
prove
and
actually
do
as
part
of
the
stress,
testing
and
scenario
testing
before
they
enter
the
network
and
then
yeah.
I'm
conscious.
I've
been
talking
for
a
little
while
now
so
I'll.
Keep
this
slide
short
and
sweet,
and
you
know
our
community
would
love
to
use
utilize
sc2
as
collateral
and
clearly
make.
B
It
would
be
a
tier
one
use
case
for
that.
It's
important
that
we
can
allow
users
to
unlock
the
value
of
their
staked
assets
and
there's
no
better
way
to
do
that
than
through
a
stable
coin
like
die
and,
as
you
guys
are
fully
aware,
this
endless
possibilities
of
what
you
can
do
with
this.
With
a
stable
coin
and
yeah,
we
have
every
intention
to
grow
rapidly
as
a
platform.
Eth
staking
is
going
to
be
a
hot
topic,
it
is
a
hot
topic
and
it
will
be.
B
You
know
it's
very
realistic
and
we
expect
state
teeth
tokens
to
be
almost
ubiquitous
across
the
ecosystem
and
almost
form
the
majority
of
eth
that
you
see
within
the
ecosystem
will
be
staked
these
tokens.
We
do
not
see
this
as
like
when
it
takes
all
market
and
so
on.
B
On
our
side,
we
view
it
beneficial
for,
for
you
guys
to
add
multiple
stake:
derivatives
on
jamaica
to
help
you
guys
grow
as
a
platform
and
as
the
east,
as
the
liquid
eats
taking
market
grows
as
platform
as
a
whole
and
so
yeah.
I
think
that's
kind
of
it
from
my
side
would
be
more
than
happy
to
answer
any
questions
that
anybody
has.
C
Nice
yeah.
That
was
great
thanks
a
lot.
So
the
first
question
that
we
have
is
from
from
frank
he's
one
of
the
delegates
and
he's
saying
I
believe
I
saw
a
slide
at
an
etham
representation,
comparing
all
the
stake.
If
providers
and
stakewise
had
90
percent
plus
of
prism
usage,
if
that's
accurate,
when
did
you
reduce
it
to
50
50
and
how
difficult
was
to
reduce
the
prism
usage
without
incurring
slashing,
and
what
do
you
think
most
taking
facilities
are
so
dependent
of
prisms
of
prison?
Sorry
got.
B
It
you
know
great
question,
and
actually
we
saw
that
slide
two
and
the
shortest
answer
there
is
that
the
data
was
wrong.
The
we've
always
been
running
about
50
50
between
prism
and
lighthouse.
It's
not
yet
clear
to
me
exactly
where
the
original
data
was
pulled
from
from.
I
know
exactly
what
website
that
data
was
pulled
from,
and
in
fact,
at
the
presentation,
it
should
have
had
a
little
flag
saying
that
it's
currently
under
review.
B
The
data
was
currently
under
review
because
it
was
in
fact
wrong
regarding
why
prism
is
so
commonly
used
to
be
honest,
it's
because
it
works.
It's
the
it's,
the
one
that
works
the
best
and
it's
you
know
if
you're
a
node
operator,
would
you
rather
be
running
a
client
which
is
common
and
works
properly
and
there's
little
bugs
there's
little
there's
very
little
time.
B
You
have
to
spend
debugging
it
just
if
it
just
works,
then
that's
what
people
that's
what
people
will
end
up
using
so
hopefully
over
time,
and
obviously
competition
is
always
a
good
thing.
So
with
these
multiple
clients,
then,
hopefully
we
can
start
to
see
just
improvements
across
the
board
across
all
of
the
providers.
To
that,
there's
no
reason
why
prism
should
be
such
a
high
majority
right
now.
A
Yeah,
I
thought
an
interesting
thing
that
came
up
in
the
mipsex
application.
A
Someone
asked
what
makes
you
different
from
other
staking
pools
and
the
relationship
of
the
intersperion
toking
separated
from
the
aries
rewards
came
up
and
the
question
or
another
commenter
also
said
that
this
is
a
strategic
advantage
for
segwise
post
merge
after
the
hard
fork.
I
just
wanted
to
question:
how
is
the
dow
preparing
for
the
merge
and
are
there
any
other
challenges
that
you
guys
could
anticipate
or
or
do
you
see
that
going
smoothly.
B
Do
I
see
it
going
smoothly?
I
sure
hope.
So
I
think
everyone
in
this
hopes
that
it
is
as
smooth
as
possible,
but
for
those
challenges
I
think
one
of
the
things
that's
also
quite
a
hot
topic.
Right
now
is
mev.
B
B
It's
it's
great
to
say
that
we
can
instantly
improve
the
yield
for
our
users,
but
I
think
that
you
know
it's
very
clear
that
we
and
the
reason
why
flashbots
and
other
projects
are
around
is
that
me
is
not
all
good
and
we're
currently
in
the
process
of
trying
to
figure
out
the
best
way
to
to
essentially
satisfy
both
both
goals,
which
is
to
provide
our
users
with
as
much
yield
as
possible,
but
also
to
protect
the
ecosystem
as
a
whole
and
yeah.
B
I
think
the
most
obvious
solution
would
be
going
down
at
flashpot's
routes,
but
we
are
discussing
with
our
community
on
this
we're
also
discussing
with
other
leaders
in
the
industry
to
figure
out.
You
know
what
is
actually
optimal
for
the
ecosystem
as
a
whole,
and
so
I
think
that's
probably
one
of
the
that
kind
of
the
hot
topics
that
we're
trying
to
trying
to
solve
for
essentially
in
the
run-up
to
the
merge.
C
Jordan,
how
big
is
the
dao
more
or
less
just
to
have
an
idea
of
how
how
that
would
be
a
potential
surface
attack
in
terms
of
vulnerabilities.
B
Yeah,
that's
a
good
question.
I
actually
don't
have
an
outright
number
for
the
number
of
dowel
members.
What
I
can
say
is
that
the
the
majority
of
sorry
swise
that
is
emitted
right
now
is
through
a
liquidity
mining
program.
So
there's
a
lot
of
community
members
in
that
which
are
obviously
on
a
regular
basis,
getting
more
and
more
dow
ownership
as
we
go
on
and
we've
been
very
keen
to
not
sell.
B
We've
obviously
raised
money
through
investors
to
fund
the
product
to
fund
the
protocol,
and
we've
been
very,
very
keen
not
to
you
know,
we've
been
very
it's
important
for
us
to
keep
the
dow
community
owned,
and
so
we
haven't
sold
more
than
a
majority
share
to
investors,
so
as
a
team
and
investors
make
up
less
than
less
than
half
the
dow.
B
As
for
you
mentioned
about
attacks,
that's
one
thing:
that's
actually.
I
guess
it's
very
topical
because
there's
quite
a
big
dow
exploit
that
happened
recently
on
our
side,
we
have
multiple
security
and
features
in
place
to
protect
against
malicious
attacks.
So,
for
example,
every
snapshot
that
goes
that
passes.
B
It
has
to
go
through
two
days
of
what
we
call
escalation
game
and
then,
on
top
of
that,
there
is
a
there's,
a
third
and
final
day
of
essentially
like
a
multi-seat
backstop.
This
is
a
dao
elected
committee
which
can
essentially
stop
malicious
transactions
going
through.
Should
that
ever
happen.
B
So
on
our
side,
you
know
it's
not
perfect,
but
in
terms
of
a
dow
hack,
especially
when
the
dao
has
so
much
control
over
the
protocol,
as
I
mentioned
earlier,
even
down
to
changes
to
the
smart
contract.
It's
important
to
have
such
you
know,
safety
mechanisms
in
place
to
help
protect
the
dow
and
the
protocol
as
a
whole.
C
Yeah
totally
just
a
quick
reminder
to
anyone,
that's
out
there
and
have
any
questions,
please
feel
free
to
tag
them.
I
think
that,
as
I
was
saying
before,
we
started
recording
this
relatively
non-controversial
topic.
That's
why
we
we
shouldn't
have
many
of
these.
I
guess
I
had
one
more.
I
it's
sleeping
my
mind
right
now,.
B
C
Right
awesome
yeah,
I
remember,
do
you
have
any
recommendations
for
for
like
if
you
were,
I
don't
know
advising.
I
guess
it
would
be
a
bit
of
a
conflict
of
interest,
but
if
you
have
any
ideal
risk
parameters
to
get
this
started,
do
you
have
any
idea
of
the
like
dead
ceiling
or
the
stability
fee
that
you
would
like.
B
I
think,
to
be
honest,
I'll
be
going
from
the
guidance
of
what
you
guys
have
done
with
lido.
The
tokens
are
very
similar.
Obviously,
lido
state
teeth
has
a
lot
more
tvl,
but
the
in
terms
of
liquidity,
for
both
the
tokens
they're
very
similar
in
terms
of
the
percentage
pool
that
is
liquid,
is
very
similar
to
lido's,
and
so,
whilst
the
actual
size
of
and
market
share,
sc2
is
lower
the
I
think
it
makes
sense
that
the
metrics
would
be
would
be
the
same.
C
A
No,
I
appreciate
it.
I
just
want
to
call
out
quickly
that
the
voting
for
this
collateral
onboarding
is
in
progress.
There's
about
six
days
left
and
already
a
strong
vote
of
confidence
from
the
community,
so
yeah
jordan
is
available
in
the
forums.
What's
your
form
handle
again
j
star,
I
believe
yeah.
A
Star
yeah
yeah
j
star
in
the
forums
this
video
will
be
posted
in
the
forums
as
well
for
later
viewing
and
appreciate
everybody's
attendance.
Today,
jordan,
any
last
words
before
we
wrap.
B
No,
I
don't
think
so.
I
think
I've
only
spoken
enough
on
my
side.
Again,
it's
been
a
pleasure
to
share
stay
with
you
guys,
looking
forward
to
seeing
how
how
our
communities
can
work
together.