►
From YouTube: Core Unit Tools #10 Ricochet | Oct 28, 2021
Description
Retro interviews the team from Ricochet while their demo their platform!
https://forum.makerdao.com/t/core-unit-tools-10-ricochet/11170
A
B
B
Awesome
hi
everyone,
I'm
sunny
co-founder
of
ricochet
exchange,
I'm
here
today
with
mike
our
other,
our
other
co-founder
and
inventor
maker
dell
was
one
of
the
earliest
d5
projects
I
learned
about
when
I
first
got
involved
in
blockchain
space,
so
I'm
really
excited
to
be
speaking
today
with
you
all
today.
We're.
A
B
So
that's
the
agenda,
ricochet's
flagship
product
is
the
stream
exchange
it's
our
biggest
product,
it's
what
drives
the
most
volume
and
users
can
essentially
use
stream
markets
to
invest
their
money
into
or
out
of
various
assets
through.
A
variety
of
street
market
pairings,
which
are
showing
the
bottom
here
pictured
here,
is
a
real-time
investing
of
dying
to
eat.
The
way
this
works
is
simple:
using
superfluid
users
can
stream
die
into
the
stream
market
every
30
minutes.
Our
keeper
calls
the
public
distribute
function
on
our
contracts.
B
The
distributor
takes
the
accumulated
die
to
a
death's
like
sushi
swab,
it
swaps
it
to
eat
and
then
distributes
it
to
all
the
users
in
one
go.
So,
there's
no
need
for
a
claim
to
eat,
as
it
shows
up
right
in
your
wallet.
This
is
the
closest
thing
there
is
to
convert
a
stream
of
one
token
into
another,
so
there
are
two
good
ways
to
comprehend
this.
B
First,
you
are
doing
super
rapid
dollar
cost,
averaging
essentially
conducting
purchases
every
half
hour,
but
totally
hands
off
and
automated,
which
is
pretty
crazy
because
in
crypto
you're
always
having
to
you
know,
match
your
bonds
with
metamasks
to
get
trades
done.
Another
clever
way
to
think
of
this
is
like
you're,
subscribing
to
a
crypto
asset
by
opening
a
stream
to
a
stream
market.
You
subscribe
to
a
service
that
distributes
a
target
asset
back
to
you
every
half
hour.
B
You
can
upgrade
downgrade
or
cancel
your
subscription
by
updating
or
stopping
your
stream,
so
think
of
it
like
an
automated
investment
plan
that
you
subscribe
to.
Currently,
we've
got
stream
markets
for
maker,
eat,
bitcoin
and
matic
open
for
use
and
we're
going
to
be
adding
many
more
as
we
continue
to
expand.
The
last
critical
thing
to
note
here
is
that
this
is
all
decentralized.
B
C
B
B
So
ricochet
exchange
creates
value
in
three
primary
applications.
First
off
when
it
comes
to
saving
and
investing
with
ricochet,
you
can
now
do
it
in
real
time,
automated
and
hands-off,
which
is
an
absolute
game.
Changer.
Think
of
this,
if
you're
earning
a
salary
in
superfluid
using
ricochet
exchange,
it's
easy
just
carve
off
a
portion
of
your
salary
into
a
stream
market
and
you're,
essentially
converting
that
part
of
your
salary
into
another
token
they
spend
on
that,
if
you're
getting
paid
in
a
die
stream.
B
If
you
turn
around
and
stream
your
entire
salary
into
the
die
eat
stream,
market
you're,
basically
converting
your
salary
into
an
eat
salary,
that's
just
mind-blowing,
also
think
of
all
the
assets
we
provide.
Why
not
diversify?
You
can
essentially
create
a
streaming
portfolio
by
customizing
your
streams
into
these
assets.
Now
you're
talking
automating
diversification.
B
What
if
you
could
take
it
a
step
further
and
take
that
eat
and
start
automatic
stream
that
converts
it
into
yield
bearing
sushi
lp
tokens
deposits
set
into
ave
to
earn
yield
now
you're
talking
automating
yield,
optimization
mike,
is
actually
quite
close
to
completing
the
first
part
with
lp
tokens.
I
believe
there
are
several
community
projects
out
there
that
are
working
on
the
depositing
part
in
ave.
The
point
is
thanks
to
the
super
flow
protocol.
Ricochet
is
opening
the
door
to
a
whole
realm
of
decentralized
investment.
Automation,
that's
never
even
possible
next.
B
Another
new
advantage,
rickshay
crates
for
organizations
is
a
meal,
is
the
ability
to
mobilize
their
treasury
or
amplify
the
revenue
in
a
passive
fashion.
So
if
you're
a
business
and
you're
earning
income,
you
could
deflect
a
portion
of
your
income
into
ricochet
say
you
earn
twenty
thousand
one
month.
Traditionally,
companies
come
to
their
bearings
at
the
end
of
the
month.
Then
gather
that
money
and
launch
investments
and
adjust
budgets,
something.
B
Attest
to
as
a
former
corporate
financial
analyst,
if
you're
actively
streaming
it
instead
of
lump
investing
by
the
end
of
the
month
that
20
000
could
potentially
be
21,
000
or
22
000
you're
compounding
your
profits
every
day
without
having
to
wait
now,
let's
say
budget's
shipped,
then
adjusting
your
investment
plan
is
as
easy
as
dialing
your
investment
stream
from
say
5k
a
month
to
4k
a
month.
Another
side
to
this
is
treasuries.
B
D
B
Worth
of
their
treasury
into
an
s
over
the
course
of
a
year
with
a
single
vote,
also
treasury
capital
needs
to
be
invested
responsibly.
In
my
opinion,
ricochet
is
the
most
responsible
way
to
invest
in
crypto,
allowing
purchases
of
the
purchases
of
the
assets
to
be
done
through
regular
investments
that
take
on
price
risk
gradually
and
linearly
instead
of
playing
lumps
of
capital
at
the
mercy
of
the
market,
all
at
once.
B
This
is
super
relevant
to
the
personal
saving
and
investing
part
that
we
discussed
earlier
as
well,
and
lastly,
ricochet
is
actually
quite
helpful
for
trading.
If
you
need
to
unload
a
whale
position
and
don't
want
to
totally
disrupt
a
market,
then
ricochet
exchange
can
let
you
spread
out
your
sale
and,
in
some
cases,
save
on
slippage.
There's
also
a
way
to
do
streaming
limit
orders
with
ricochet.
B
Basically,
it
involves
starting
a
stream
that
sells
an
asset
at
one
price
and
buys
it
at
another
rate
by
doing
so,
you're
net
buying
the
asset,
while
it's
within
the
price
range
and
selling
it
when
it's
beyond
the
price
range.
We're
still
investigating
the
potential
for
this,
but
shout
out
to
dd
from
superfluid
to
coming
to
that
revelation,
really
cool
stuff.
B
B
So
here
I
want
to
zoom
in
a
bit
further
into
the
salary
streaming
use
case,
as
this
is
what
many
maker
doubt
team
members
with
real
time.
Salaries
will
be
interested
in
applying
so,
let's
say,
you're
earning
a
stream
of,
say,
10
000
a
month
and
die
you're,
seeing
your
balance.
Stick
up,
you're
happy!
However,
your
money's
on
polygon
and
so
we're
just
sitting
there
converting
it
into
fiat.
So
you
can
use
it
for
your
day-to-day
stuff
can
be
annoying.
So
you
decide
to
be
best.
You
put
that
money
to
work
by
investing
it.
B
What
if
you
can
invest
that
money
right
right
as
it
arrives
in
your
wallet
every?
Second?
That's
where
ricochet
comes
in
you
like
eat
the
maker,
so
you
go
to
the
die,
eat
stream
market
and
start
an
outbound
stream
of
1
000
a
month
to
it
and
then
go
to
the
die
maker
streamer
and
start
an
outbound
stream
for
1k
a
month
there
and
voila
you've
got
ethan
maker
coming
to
every
30
minutes.
B
By
constantly
investing
your
earnings,
maybe
your
10
000
a
month
salary
can
turn
into
a
10.5
k
per
month,
salary
based
on
the
performance
of
those
assets.
The
bottom
line
here
is
you're,
putting
your
money
to
work
as
soon
as
you
get
it.
That
goes
back
to
maximizing
the
time
value
of
your
money,
the
most
fundamental
personal
financial
concept,
all
the
while
you're
enjoying
how
effortless
and
automatic
the
process
is
all
our
users
can
attest
to
just
the
satisfaction
that
comes
with
using
ricochets.
It's
a
very
easy,
simple
process.
B
It's
very
satisfying,
and
all
this
is
where
that
kind
of,
like
subscription
analogy,
really
resonates
with
me.
It's
like
you're,
using
some
of
your
income
to
subscribe
to
a
crypto
investment
plan,
the
way
part
of
your
traditional
monthly
paycheck.
We
go
to
netflix
or
the
gym
boy.
This
is
way
cooler
because
you're,
seeing
the
value
of
your
subscription
accrue
on
a
rapid
half
hour
interval.
B
E
B
That
being
said,
the
ricochet
mission
boils
down
to
these
three
things.
First
off
we
aim
to
bring
supercharged
automated
investing
to
the
masses.
We
believe
ricochet
should
be
simple
and
usable.
We're
gonna
be
keep
we're
going
to
keep
raising
awareness
of
our
cause
so
that
as
many
as
many
people
as
possible
can
save
themselves
from
the
time
and
stress
that
crypto
investing
takes
ideal
users
or
users
are
obviously
people
like
our
maker
friends
with
real-time
salaries,
but
everyone
can
and
should
benefit
from
the
responsible
way
of
investing
that
ricochet
has
created.
B
This
goes
back
so
the
second
concept
here
is:
we
aim
to
increase
the
velocity
of
crypto
capital
for
individuals
and
enterprises.
This
comes
down
to
basically
putting
your
money
to
use
as
soon
as
you
receive
it.
Reducing
the
hangover
time
between
capital,
reception
and
investment
drives
efficiencies,
for
you
know,
individuals
and
enterprises
across
the
board.
B
And
lastly-
and
this
is
critical-
we
aim
to
support
the
expansion
of
the
super
fluid
real-time
financial
ecosystem,
the
more
money,
that's
in
the
super
fluid
system,
the
more
value
it
drives
for
us
and
other
projects
leveraging
their
real-time
finance
rails
is
really
a
tie
that
lifts
all
boats.
Another
cool
observation
here
is
that
a
bunch
of
our
users
come
here,
not
knowing
what
superfluid
is
they
just
do
the
upgrade.
They
hit
the
start
button
and
boom
they're
up
and
running,
and
then
they
learn
about
superfluid
afterwards
and
are
just
blown
away.
B
So
we're
pleased
with
how
ricochet
has
been
very
successful
in
onboarding
users
into
the
superfluid
ecosystem
itself.
What
do
we
get
in
return?
Well,
we
get
more
volume
and
we
get
friends
showing
us
all
over
the
place.
So
it's
awesome
all
right.
So
that's
it
for
the
discussion
here.
We're
going
to
turn
it
over
to
a
demonstration.
D
B
D
All
right
different
options,
so
you
are
able
to
stream
between
these
two
different
options.
You
can
stream
eve
into
die,
so
I
guess
that's
like
dollar
cost
selling
in
a
way
you're
streaming
eath
into
die.
So,
instead
of
selling
your
eats
for
diet,
you
can
sell
your
eat
for
diet
over
a
long
period
of
time.
If
you
look
on
the
right
of
the
screen,
you
could
do
the
opposite.
I
personally
have
only
eaten
my
polygon
wallets,
I'm
going
to
be
streaming
that
to
die
for
this
tutorial.
Show
you
how
it
goes.
D
Yes,
I
know
it's
a
bit
sacrilegious
to
sell
your
eath.
I
know
I'm
an
eath
bowl,
but
it's
just
for
this
presentation,
I'm
going
to
be
treating
it
back
after
don't
worry!
There's
one
problem
is
that
I
can't
just
use
my
regular
eat.
I
actually
have
to
use
ethex,
which
is
super
east.
It's
the
east
that
is
powered
by
superfluid
that
you
can
stream.
So
essentially
you
need
to
put
your
e.
D
You
need
to
wrap
it
as
super
eth
and
then
it's
going
to
be
streaming
that
at
the
bottom
of
the
page,
you
have
a
section
where
you
can
do
that.
You
don't
have
to
go
to
the
super
fluid
website,
which
is
pretty
cool.
I'm
now
scrolling
down
to
the
bottom,
where
I
wrap
my
ether
into
super
eef.
I
clicked
on
max
approve.
Do
the
meta
mask
stuff,
because
I
want
to
change
my
ether
super
east.
I'm
not
doing
that
much
just
like
0.02
ether,
something
like
that.
D
D
That's
the
only
option
to
do.
We
to
die
and
yeah
just
start
streaming
put
in
the
amount,
click
the
buttons
pretty
straightforward.
I
cut
out
the
meta
mask
part
for
the
video
because
I
don't
think
anyone
cares
about
seeing
me
do
metamask
and
I'm
going
to
the
superfluid
page,
which
is
the
technology
that
underlies
this
exchange.
Just
so
you
can
see
they
have
a
way
nicer
interface.
You
can
see
the
stream
actually
happening
in
real
time,
which
is
kind
of
cool,
so
open
my
wallet
on
there.
D
It
takes
a
second
to
load
and
then
you'll
see
the
stream
actually
happening
in
real
time
check
this
out.
The
money
is
streaming
from
eath
to
die,
see
it's
got
a
counter
and
it's
counting
down.
I
have
to
double
check
the
period
of
time
in
which
your
asset
is
being
streamed
into
the
other
assets.
Maybe
it's
a
month
or
something
like
that,
not
totally.
D
B
E
Yeah
thanks
sonny,
so
we
have
a
couple
other
initiatives
on
things
that
we're
expanding
on
the
first
and
most
important,
I
think,
is
our
ricochet
dao
initiative.
So
our
token
was
created
the
ricochet
token
or
rick
as
a
governance
token,
for
the
ricochet
dow,
it
has
a
fixed
supply
of
10
million
tokens.
E
The
token
is
specified
the
token
distribution
is
outlined
in
our
white
paper
and
basically,
a
high
level
summary
is
that
ten
percent
of
the
supply
or
one
million
rick
tokens
were
allocated
to
be
distributed
as
part
of
our
version.
One
liquidity
mining.
So
that's
running
and
active.
Now,
if
you
stream
into
any
of
the
markets
on
ricochet
you'll,
receive
some
rick
tokens
as
a
subsidy.
E
E
So
that's
another
10
of
the
supply
which
will
be
distributed
based
on
a
vote
from
the
treasury
and
then
the
other
8
million
tokens
or
80
of
the
supply
is
remaining
in
the
treasury
and
those
tokens
are
earmarked
for
future.
You
know
incentives,
so
you
know
the
things
that
people
might
use
that,
for
is
when
we
list
new
tokens,
we
may
vote
on
listing
a
new
coin
and
a
certain
amount
of
rick
can
be
allocated
to
a
new
listed
coin
as
an
early
liquidity
incentive.
E
The
other
things
that
we
may
vote
on
using
the
those
tokens
for
is
funding
to
complete.
You
know
new
projects
or
reward
contributors
who
contribute
to
the
success
of
ricochet
exchange.
There
are
really
three
ways
to
participate
in
governance
right
now.
The
first
is
anyone
can
publicly
discuss
the
proposals.
We
have
a
proposals
channel
discord.
We
have
a
lot
of
these
conversations.
E
E
So
our
second
initiative,
the
rex
launch
pad
this
is
a
this-
is
a
tool.
That's
live
now,
you'll
see
at
the
top
of
our
exchange.
The
launch
pad
intends
to
create
a
launch
pad
contract
for
projects
to
do
a
fair
launch.
The
launch
pad
does
away
with
front
running
and
minor
extractable
value
and
makes
it
so
that
everybody
is
getting
sort
of
the
same
deal
when
they
when
they
start
to
participate.
E
So
if
you're
streaming,
a
thousand
us
dollar
coin
to
the
launch
pad
and
there's
a
total
of
10
000
us
dollar
coin
being
streamed,
then
you'll
receive
while
you're
streaming
you'll
receive
10
of
the
emission,
so
streamers
can
compete,
can
compete
to
earn
a
proportion
of
the
distribution
and,
as
streamers,
come
and
go
the
effective
price
of
the
token.
The
effective
price
that
people
are
paying
will
move
up
and
down,
as
it
would
in
a
traditional
limit
order,
book,
market
or
automated
market
maker
style.
E
Our
first
target
is
the
sushi
swap
liquidity
pools
and
the
farming
contracts
on
sushi
swap
we
aim
to
make
it
so
that
you
can
stream
us
dollar
coin
or
die
into
a
sushi.
Slop
liquidity
pool
position
and
we
can
have
that
liquidity
pool
position,
also
staked
so
that
it's
earning
sushi
and
matic
rewards
and
as
a
streamer,
the
experience
would
be
that
you're
accruing
slp
tokens
and
you're
simultaneously
receiving
subsidies
rewards
so
the
sushi
and
the
matic
will
be
at
a
court.
E
As
we
do
each
distribution
it
will
distribute
the
sushi
endomatic
from
the
sushi
contracts.
Right
to
your
wallet.
You
won't
have
to
do
any
harvest.
Everything
will
just
be
happening
just
like
streaming
so
it'll
be
the
sort
of
real-time
yield,
aggregation
or
really
it's
not
necessarily
aggregation
so
much
as
it's
a
harvesting.
So
real
harvesting
of
subsidies
back
to
your
wallet,
so
yeah
thanks
I'll
head
over
back
to
sunny,
go
ahead.
E
C
B
A
C
C
Basically,
instead
of
like
vc
rounds,
you
know,
and
icos
normally
is
done
as
a
one
one
kind
of
big
investment,
so
icos
kind
of
decentralize
the
teams
to
keep
building
after
they
get
the
the
this
the
funds
after
the
ico.
So
I
think
launchpad
takes
completely
turns
that
around
and
actually,
as
the
stream
comes
in
slowly,
the
teams
would
be
incentivized
to
keep
building
and
keep
pushing,
keep
innovating
and,
at
the
same
time
the
participants
are.
C
C
C
B
Our
like
biggest
contributors
on
the
front
end
side
so
glad
to
see
that
you
joined
us
here,
yeah
and
just
commenting
on
you
know
the
the
way
that
the
launch
pad
kind
of
breaks,
the
traditional
you
know,
process
of
icos.
It's
you
know
not
an
entire
like
lump
all
at
one's
thing.
It's
it's
drawn
out.
You
know
our
our
ricochet,
our
rig
token
launch
pad
is
gonna,
be
persisting
over
six
months.
So
you
know
it's
open.
It's
there.
It's
it's
available
and
it's
not
something.
B
That's
just
gonna
kind
of
flash
in
the
pan.
So
so
it's
a
kind
of
cool
cool,
spring
ico
process
and
kind
of
breaks,
the
mold
and
yeah.
So
this
is
a.
This
is
a
very
valuable
kind
of
a
kind
of
question.
So
when
it
comes
to
expanding
our
service
here,
like
I
think
it's
all
about
kind
of
connecting
networking
and
finding
new
projects
that
will
be
able
to
utilize,
the
launch
pad
to
you
know
basically
put
out
their
token
there
and
you
know,
get
real-time
pricing.
I
think
any
so.
B
The
the
second
part
of
your
question
was:
can
any
can
any
project
kind
of
come
in
here
and
use
it?
The
answer
is
yes,
any
project
come
in
here.
We
can
wrap
their
token
into
super
token
and
we
can
start
a
launch
pad
with
with
their
tokens.
So
that's
that's
a
go
and
when
it
comes
to
attracting
new
teams
mike-
and
I
were
discussing
this
other
day
the
other
day-
one
potential
could
be
worse.
We
just
launched
a
bounty
program
so
because
of
how
valuable
it
is
to
have
new
teams.
B
Sorry,
new
new
projects
engaged
in
our
launch
pad
protocol.
We're
definitely
going
to
have
some
nice
bounties
out
there
for
people
that
can
connect
us
with
teams
that
want
to
use
the
launch
pad
for
a
nice
open,
fair
ico
with
their
launch
pad,
and
you
know,
as
we
keep
on
growing
as
we
keep
on
you
know,
getting
our
name
out
there.
I'm
sure
that
there
will
be
a
pull
effect
too,
as
people
realize
the
value
of
the
launch
pad
and
we're
going
to
keep
connecting
we're
going
to
keep.
E
And
I
would
say
the
same
thing
which
is
like
you
know,
as
a
technical
person,
I'm
always
like.
Well,
people
will
see
the
value
in
it
for
its.
You
know
what
it
solves,
but
I
I
think
we
have
to
do
a
better
job
of
like
educating
people.
On
that.
One
thing
we've
discussed
is
you
know
we
had
a
pretty
good
white
paper
for
just
like
our
normal
stream
exchange.
We
really
need
to
get
on
getting
a
white
paper
for
our
launch
pad
because
it
does
have.
E
There
are
a
lot
of
like
things
in
there
that
are
advantageous,
and
if
we
had
a
document
like
that
that
we
could
circulate,
I
think
more
teams,
especially
technical
teams,
would
would
understand
the
benefits
of
launching,
in
that
fashion,
as
opposed
to
some
of
the
other
methods
out
there.
So
yeah.
You
know,
though
I
guess
the
answer
to
what
are
your
plans
to
attract
your
team
members?
I
think
it's
like
create
a
white
paper
and
get
it
circulated
and
start.
E
E
Yeah,
that
was
your
approach,
which
is
what
would
be
the
criteria
I
mean
generally.
I
think
we
want
to
make
it
so
the
launch
pad
can
be
used
by
anyone
just
like
you
to
swap
with
footy
pools
as
far
as
like
what
the
ricochet
exchange
website
is
is
a
centralized
component,
like
I
run
that
so
as
far
as
like
getting
listed
on
that
site,
I
think
we
would
have
to
have
some
criteria
because
we
want
to
make
sure
we
don't
list
anything
bad,
but
yeah.
I
think
you
know
the
criteria
around.
E
E
A
E
No,
I
don't
have
it
on
the
road
map
and
I'll
tell
you
why
I
mean
the
traders
are
not
really
our
primary
customer
that
we're
interested
in
you
know
trading
is
a
big
market,
but
it's
very
competitive.
Lots
of
people
are
making
tools
for
it.
As
far
as
implementing
it
goes.
We
have
had
lots
of
discussions
about
implementing
that
feature.
It's
a.
It
is
a
lot
of
work,
so
it's
not
sort
of
sits
on
the
pack
behind.
E
You
know
the
features
that
benefit
our
target
customer,
which
is
essentially
you
know,
employees
getting
paid
and
looking
to
invest
their
money,
which
I
think
is
not
currently
a
service
market
in
crypto.
So
I
think
we
have
a
lot
more
chance
of
success
there
getting
ingrained
in
there.
So
yeah
I
mean
it's
on
the
road
map,
but
it's
at
the
very,
very
bottom
really
and
the
primary
reason
for
that
is
one
it's
very
hard
time
consuming
and
two.
It
targets
a
sort
of
secondary
customer
or
secondary
like
a
persona,
so
yeah
yeah.
A
E
I
think
over
time
that's
the
kind
of
interface
experience
we'd
like
to
provide
to
which
is
the
sort
of
that
sort
of
interface
you
get
in
a
traditional
like
401k
account
where
you
can
log
in
you
see
like
a
pie
chart
you
see
your
distributions
that
you
received
and,
and
you
can
sort
of
get
a
sense
of
like
how
well
you're
performing
so
that's
sort
of
the
the
future
vision
ricochet.
Now.
E
Obviously,
it's
not
too
much
to
make
that
limit
order
feature,
and
I
and
I
think
people
would
even
I
think
people
would
even
use
it
like
people
say
you
know,
employees
getting
paid,
I
think,
would
actually
use
it,
but
hopefully
we'll
have
some
more
contributors
come
in
and
step
up
in
the
contracts.
I
mean
really
like
right
now,
I'm
just
like
writing
all
the
contract
code
and
periodically.
We
have
people
like
george
and
a
few
others
who
make
contributions
to
like
the
specific
specific
things
within
those,
but
in
the
future.
E
E
Yeah
also,
occasionally
another
thought
I'm
just
having
is
occasionally
I
forget
who
we've
had
these
discussions
with,
but
I
think
there's
been
two
teams
like
this
people.
Sort
of
ask
people
have
built
stuff
and
they're
under
some
other
brand
name,
and
I
think,
because
ricochet
exchange
has
a
lot
of
traction.
E
We
basically
give
them
the
10
000
tokens
minimum
that
they
need
to
become
a
proposer
and
then
that
way,
if
they
have
the
10
000
tokens
to
make
proposals,
they
can
make
proposals
to
finance
their
own
work
right
and
and
it
all
gets
rolled
under
our
brand
and
the
network
effect
of
everyone
rallying
around
the
ricochet
token,
and
you
know
trying
to
make
ricochet
a
successful
thing
would
be
a
good
thing.
Now
that's
a
little
bit
of
a
pie
in
the
sky,
but
I
think
we
could
get
there
for
sure.
E
B
And
I
thought
that,
at
the
end
of
the
day,
we're
we're
really
like
kind
of
pioneering
under
the
concept
of
real-time
investing
and
so
we're
going
to
keep
on.
You
know
pushing
this
like
kind
of
like
new
frontier
defy
investing
that's
kind
of
the
idea
there.
So
a
project
that
comes
up
in
superfluid
that
really
kind
of
fits
that
mold
we're
gonna,
definitely
kind
of
that
they
can.
You
know
kind
of
come
under,
come
under
our
umbrella,
pretty.
E
Much
the
highest
priority
thing
is
definitely
these
ricochet
exchange
tokens
rex
tokens
because
one,
I
think
that
delivers
a
lot
of
bad
value
to
people,
because
we're
able
to
harvest
yield
and
get
into
some
of
these
liquidity
pool
positions
which
have
different
profiles
than
just
buying
the
token
outright
and
two
just
from
a
treasury
and
sustainability
perspective.
If
we're
doing
this
aggregation,
we're
able
to
take
a
convenience
fee
right,
we're
saving
people
from
having
to
go
harvest
periodically,
that's
time
which
is
far
more
expensive
than
gas.
E
B
Absolutely
yeah:
it's
just
really
cool.
Like
the
the
potential
for
automating,
your
kind
of
investment
plan
you
can
kind
of
like
customize
itself,
maybe
even
like
maybe
one
potential
future
direction
is
like
customizing
this
on,
like
you're
on
the
on
the
ricochet
ui.
So
you
can
basically
like
customize
like
different.
You
can
visualize
like
different
steps.
B
B
I
definitely
like
save
stress
and
saves
time,
and
there
are
definitely
like
ways
that
you
can
that
you
can
optimize
like
one
way
that
I
personally
do
is
I
used
to
get
paid
in
a
dice,
die
salary
stream
as
well,
and
so
what
I
would
do
is
I
would
take
my
stream.
I
would
put
it
through
ricochet.
I
would
invest
it
in
heat
and
I
would
take
that
eat
at
the
end
of
every
week.
I
would
just
deposit
it
into
ave
and
then
what
I
would
do
is,
I
would
borrow
against
that
eat.
B
E
And
I
sort
of
have
done
the
the
employer
side
of
that
where
I
keep
everything
in
each
and
then
I
open
up
an
east
to
dive
stream,
and
then
I
stream
out
die
to
the
people
that
I
pay.
So
I'm
never
really
holding
a
lot
of
die
right.
Obviously,
as
the
price
of
each
changes,
the
amount
of
dye
that
I
have
accrues
and
falls.
E
So
if
I
see
there's
like
a
bunch
of
dye
that
has
accumulated
then
I'll
just
lower
my
eath
to
die
stream,
but
in
this
way
I'm
basically
not
like
batch
selling
eth
to
die,
I'm
selling
the
eath
to
die
and
then
distributing
it
right
away.
So
it's
basically
like
I'm,
basically
paying
them
with
ease
by
way
of
the
conversion
to
die
and
that's
been
very
good.
It's
been
a
very
good
stretch.
A
E
Yeah,
I
think
it
depends
on
what
you're,
like
your
base
asset,
that
you
want
to
be
paying.
People
with
is,
and
then
that's
what
they
want
so
like
in
my
in
the
example,
I
would
say
like
if
you,
if
you're
using
dow
treasury
tokens,
like
you,
have
a
dow
and
you
have
your
own
or
governance
tokens.
I
should
say
you
know
you
can
open
up
a
stream
of
your
governance
tokens
to
die
and
then
open
up
streams
from
dye
to
all
of
your
employees,
so
that
you're
never
really
holding
die.
E
You're,
always
basically
paying
people
via
governance,
tokens
and
then
you're,
not
you're.
Also
never
bulk
selling,
because
you're
just
every
half
hour,
you're
selling
a
little
bit.
So
your
impact
on
the
secondary
market
would
be
really
really
small,
as
you
sell
right.
So
there
wouldn't
be
this
day
we're
like.
Oh,
we
know
that
we
know
that
the
governance
people
vote
on
the
last
day
of
the
month
so
like,
let's
before
they
have
to
like,
sell
against
us.
Let's
sell
before
that.
E
So
I
don't
know
if
that
happens,
but
that's
sort
of
what
I'm
thinking
it
that
will
be
used.
Like
ricochet,
we
could
be
using
that
there's
no
market
to
sell
ricochet
right
fabulous
governance,
token,
but
if
there
are
people
that
wanted
to
buy
it
and
made
a
market,
you
know
we
could
set
up
this.
We
could
set
this
flow
up
to
pay
people.
E
Or
so
you
know,
plus
you
see
the
oh
there's
another
thing
about
it,
which
is
sort
of
the
visibility
aspect,
which
is,
if
you
were
doing
that
governance
tokens
streaming
to
eth.
You
actually
don't
see
the
governance
tokens
in
your
wallet
going
down
and
there's
no
erc20
transfer
happening
for
all
of
the
analytics
tools
to
pick
up.
So
it
looks
like
if
someone
were
to
inspect
the
gnosis
safe.
E
We
don't
have
any
streams
in
ours,
so
it's
not
a
good
example,
but
if
someone
would
inspect
the
safe
that
was
streaming
this
way,
they
would
never
see
the
balance
going
down
unless
they
call
the
balance
of
function
right.
So
so
there's
some
like
privacy.
I
mean
it's
it's
privacy
through
obscurity,
but
like
that's
just
the
same
as
like
putting
blinds
in
your
windows
or
something
right,
so
so
it
does
help.
E
In
that
way
I
mean
I
don't
know,
if
necessarily
that's
the
kind
of
behavior
a
dow
would
want
right,
but
it
is
sort
of
a
side
effect
of
the
way
that
the
erc777
is
not
really
tracked
on
any
kind
of
analytics
tool,
because
it
it
requires
this
like
time,
dependent
analysis
where,
like
you
have
to
know
when
they
opened
it,
and
then
you
have
to
know
how
long
it's
been
open.
It's
not
just
a
transfer
that
have
it's
time.
E
E
Eventually,
analytics
tools
will
catch
up,
but
for
now
it's
basically
sort
of
a
private
way
to
trade
so
like,
for
example,
if
you
stream,
if
you
have
die
in
your
wild
and
you
stream
to
eat-
and
you
just
leave
that
stream
open
you're
not
going
to
see
on
ether
scan
that
you
have
eth,
because
you
never
did
an
erc
trans
erc20
transfer
on
something
like
dbank
and
zapper.
You
will
see
these
things
because
they
pick
it
up,
but
anyone
looking
at
ether
scandal
so
you'll
just
see
the
diet
you
have.
E
B
Yeah,
I
think
the
the
governance
part
that
mike
brought
up
was
pretty
valuable.
Going
back
to
the
question
of
how
core
you
might
use
this,
like
essentially
using
ricochet,
you
can
mobilize
your
capital
perpetually
with
a
single
vote,
and
so,
instead
of
having
to
you
know,
do
your
multisig
transactions
at
the
end
of
each
month.
You
know
it's
just
a
single
transaction
that
starts
a
linear,
real-time
stream
of
you
know,
capital
out
of
the
dow's
custody
into
another
asset
back
into
the
dallas
cluster.
B
A
A
lot
of
good
points
discussed
there
and,
like
you
said,
even
if
the
transparency
thing
isn't
advantageous
for
the
dow
from
a
comp
contributor
perspective
as
well.
It
may
be
good
to
add
some
obscurity
there,
depending
on
the
role
we'll
we'll
give
it
a
couple
more
minutes
here.
If
there
are
any
questions
from
the
audience,
please
feel
free
to
chat
or
unmute
yourself
and
join
the
discussion.
A
Yeah-
and
I
guess
the
last
question
that
I
would
have
would
be
associated
back
to
that
demo-
how
the
gentleman
said
that
he
wasn't
sure
about
how
the
initial
contribution
was
streamed
out.
I,
I
know
the
distributions
to
the
wallet
or
every
30
minutes,
but
is
that
how
I
guess,
what's
that
time,
scale
for
that
initial
deposit
to
be
transferred
into
the
streaming
asset?
B
B
E
So
basically,
there's
two
times
when
a
distribution
happens,
distributions
happen
when
a
new
streamer
joins.
So
when
a
new
streamer
joins
that
triggers
a
distribution
and
then
the
other
alternative
is
when
the
two
keepers
trigger
at
the
top
and
bottom
of
the
hour.
So
if
you
join
like
at
the
15
minute
mark
on
the
hour,
you
have
to
wait
15
minutes
to
see
your
first
distribution
and
you'll
res.
E
Your
distribution
will
be
equal
to
swapping
15
minutes
of
streaming
right
now
we
want
to
dial
it
up,
but
it
just
with
the
with
the
volume
on
the
market.
It
just
doesn't
make
sense
to
dial
it
up
any
faster,
but
ideally
we'd
like
to
add
a
third
keeper
and
then
do
it
every
20
minutes
and
then
do
a
fourth
keeper.
E
These
streams,
as
you've
noticed
gas
on
maker
or
gasoline
polygon
has
gone
up.
I
mean
it's,
it's
still
very,
very
inexpensive,
but
it's
not
as
inexpensive
as
it
was
before.
We
also
added
a
bunch
of
markets
right.
We
have,
I
think,
eight
markets,
and
so
that
means
eight
transactions
every
hour
for
each
keeper.
So
it
does.
It
does
add
up.
B
Yeah,
as
you
can
see,
you
know
we
run
our.
This
is
a
contract.
You
can
see
the
distributed
function
being
called
this.
One
is
every
hour,
so
this
is
our
eat.
This
is
our
diet
market.
It
currently
has
our
keeper
running
every
hour
as
opposed
to
30
minutes
with
some
of
our
other
ones.
So
just
a
tad
slower,
but
this
is
this
well
looks
like
you
can
see
it
going
through
and
doing
its
distributes.
B
Sometimes
you
know
there
are
liquidity
issues,
and
so
the
transaction
may
fail,
but
it'll
pick
up
and
distribute
during
the
next
one.
If
we
go
into
transaction,
you
can
see,
you
can
just
say
you
can
just
see
the
process
take
place.
So
you
know
the
super
diet
that
accumulated
the
contract
is
taking
the
sushi.
It's
it's
down.
It's
regular
dye,
it's
swapped
for
wheat
and
then
it's
you
know,
upgraded
to
super
weak
and
that's
distributed
to
all
our
all
the
users
of
the
stream
market
at
once.
B
E
E
I
bet
I
bet
the
other
keepers
down.
You
know
we,
the
the
keeper
issue
is
a
huge
problem
is
like
incentivizing
people.
You
know
it
doesn't.
Even
if
we
had
baked
in
a
fee
to
like
split
the
fee
to
the
keepers,
the
fees
are
still
so
small
that
it
would
there
wouldn't
be
enough
left.
So
nonetheless,
I
think
it's
probably
that
I
don't.
I
noticed
that
other
wallet
0x27
was
totally
out
of
gas,
has
like
zeromatic
in
it.
E
E
E
The
keeper
that
is
in
the
github
repository
is
an
apache
airflow
project,
so
apache
airflow
can't
really
be
deployed
as
a
lambda.
But
if
you
wanted
to,
I
mean,
there's
nothing
really
complicated
going
on.
It's
just
triggering
a
transaction
every
once
in
a
while.
The
only
reason
I
use
apache
airflow
is
because
it's
it's
a
good
suite
and
also
like
the
keeper
is.
The
keepers
can
do
more
than
just
you
know.
Just
just
call
trigger
distributions,
like
my
keeper
is
also
reporting
a
price
to
the
oracle.
E
Along
with,
I
think
five
other
report
price
reporters
on
that
oracle
and
then
my
keeper's
also
aggregating
events
on
the
blockchain
there's
a
feature
where
we
will
shut
off
your
stream
if
your
balance
gets
too
low.
So
so
I
also
have
there's
also
code
in
our
keeper
for
for
managing
that
kind
of
thing
as
well.
But
yeah
you
could
just
trigger
a
lambda
function
and
have
a
you
know,
periodically
just
execute
distribution
calls
to
the
contracts.
That'd
be
fine.
Yeah.
B
And
yeah,
so
you
can
see
here
that
the
contract,
the
stream
exchange
contract
holds
ricktoken.
We
are
distributing
this
over
the
course
of
I
believe
the
next
six
months.
Forty
thousand
worth
of
rig
token.
Currently
that's
down
to
thirty
three
thousand
and
yeah.
I
think
this
points
to
another
kind
of
interesting
feature
with
the
with
those
stream
exchanges.
We
can
load
them
with
these
rewards
and
these
rewards
are
distributed
proportionally
to
all
the
people
with
their
streams.
B
So
let's
say
the
current
total
value
streaming
in
a
stream
market
is
10
000
per
month
on
10
000
per
month.
Let's
say
you
add
another
stream
of
one
thousand
died
per
month
so
that
the
total
value
streaming
is
twenty
thousand
died
per
month.
You
are
now
capturing
half
of
the
rewards
that
are
being
distributed
with
each
distribution.
B
So
interesting
point
there
and
also,
let's
say
a
token
comes
in
they
say
they
wanted
to
have
a
stream
market
listed
for
themselves.
They
can,
you
know,
give
us
they
can
give
the
rig
dow
their
token
and
we
can
add
in
those
rewards
and
replace
them.
So
instead
of
having
rick
you
can
have.
You
know
say
say:
we
have
a
sushi
market.
We
can
incentivize
that
with
sushi
or
another
token
another
super
ton.
So
another
interesting
aspect
there
with
the
with
the
incentives.
B
A
B
The
best
way
to
do
that
will
be
to
join
our
discord.
Our
discord,
it's
linked
on
our
website,
ricochet.exchange,
you
can
follow
us
on
twitter,
we're
always
out
there
we're
always
putting
in
the
latest
scoop
on
our
twitter
very
active
ricochet
exchange.
There's
no
e
in
there
note
that
and
yeah.
That
will
be
that
those
are
the
two
best
ways
mike
and
I
are
always
out
there
on
our
discord,
responding
questions,
technical
proposals,
just
general
chat,
we're
all
over
the
place
there
and
yeah.
Our
discord
is
the
number
one
way.
B
Perfect
yeah
and
best
for
last
I'd
like
to
just
share
our
upcoming
user
interface
that
our
that
our
friends
over
at
sfdyx
were
able
to
help
us
engineer
and
put
together.
This
is
currently
in
staging,
but
it
will
be
available
in
our
in
our
main
app
soon
after
we
just
add
additional
test
scene
and
just
kind
of
clear
up
some
kinks
here
and
there.
You
know
it's
just
a
lot
prettier.
You
can
see
everything
in
you
know
these.
B
These
bars
that
are
akin
to
sushi
swap-
and
you
know
it's
just
very
simple.
You
can
search
for,
say,
you're,
interested
in
maker
markets.
You
can
open
that
filter
down
there.
You
can
expand
start
your
streams
through
this
and
yeah.
You
can
also
go
to
your
wallet
as
opposed
to
our
original
interface,
where
everything
was
kind
of
tucked
away
down
here,
very
spread
out
and
kind
of
space.
Occupying
like
it's,
it's
a
lot
more
simple
here
and
just
upgrade
downgrade.
B
A
A
Yeah,
oh
our
pleasure,
guys
again,
recordings
will
be
posted
on
the
maker
dao
youtube
channel
here
shortly
and
any
follow-up
questions
check
out.
Ricochet's
discord.
So
thank
you,
gentlemen,
for
joining
us
and
keep
an
eye
out
on
the
maker.
Dow
public
calendar
for
our
next
core
unit
tools
call
tvd
to
be
scheduled
great
thanks
for
having
us.