DeFi by Design EP#79: StarkNet Explained: JediSwap AMM

23 Jul 2022 · 44:48

The Rollup's DeFi by Design talks with Rohit, a core contributor at JediSwap, about building a native automated market maker on StarkNet. Recorded on the ground at a StarkNet conference in Paris, the conversation covers the future of the StarkNet ecosystem, its technical capabilities as a zero-knowledge rollup, and what Rohit is most excited about for JediSwap's AMM going forward.

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Transcript

welcome to d5 by design where we talk all things blockchain and cryptocurrency while striving to educate empower and enrich it's your boy andy and welcome back to the defy slate youtube channel smash the like button on this video that really helps us out and sit back and enjoy the content thank you very much what's going on guys welcome back to the d5 by design podcast excited today to talk with rohit from jedi swap and what is going on in stark net right now the saudis are buying our coins that's the meme so having a having a laugh and enjoying enjoying the bear cycle while staying strong building up uh excited yeah to to to learn about

stark net stark not something that you guys are going to want to pay attention to especially as we kind of get into the quarter three and quarter four of this year it's gonna be something that you're gonna be hearing a lot more about uh the combination of the zk technology uh with stark net is going to be like the next kind of big narrative i think after after the merge comes and goes so yeah excited today to talk with raheed of course here with robbie as well robbie how you holding up out there what are you seeing out there what's going on yeah can't complain it is uh you know kind of in the midst of build season aka bear market uh but that is paving the way for all these uh really creative opportunities right

which i'm particularly excited about i think starknet is where a lot of action is happening right now on the developer side um on the d5 side nfts metaverse the the entire scope and um what rohit and uh the team is building at jedi swap is super exciting because it links all these applications together on a scalable network um and we're we'll see you know kind of the competition between uh different layer two start to erupt and it looks like you know jedi swamp is on on the forefront to uh to really you know uh pave the way for that and and you know make the most of it so i'll uh pass it over to rohit and let him uh

introduce himself and give us an intro to what uh the team is building over at jedi swap yeah thanks andy thanks rob so i'm rohit uh building into web 3 since 2017 started as a web 2 crypto company and i think i really jumped into 100 web 3 in that permissionless very ideal world at the start of 2020 and since then like i am trying to build a community of folks who believe f3 is good for the world and want to basically really take it to the rest of the world that community we call mesh finance and uh from the mesh finance community

we are building jedi swap which is an amm on stock net so we are a completely community driven ecosystem like that itself is a very very uh new experiment in the world of crypto and at the same time we are playing at the frontier of the blockchain scaling as well by building on uh validity roll-ups uh most of the people who call them as zika roll ups so really excited to be here cheers man so why why why is starkness so so important for ethereum uh and the scaling push yeah so like we also found this answer along our journey so

as a community we first started building on ethereum we were building a yield aggregator on ethereum and what we realized was that if our reason is to take web 3 to the rest of the world this is not the best way because we like billions of people cannot pay tens of dollars or hundreds of dollars in gas fees and the transaction has to be much more scalable so in that journey then we started building on polygon with until then polygon was just a proof of stake chain so with that we realized that here like the costs are cheaper but at the same time like it's basically run by 100 nodes and

100 nodes doesn't even mean 100 people it basically like one person can be running 10 nodes it could be just just 10 people and that's like do we want to build web 3 depending on these 10 people so as a result we realize side chains are not the answers then we landed up on the layer twos uh started with arbitrary with arbitrarily we felt like this was a great solution and uh it seemed pretty perfect by that time but that's when like we started hearing about zk roloff and that's when vitalik also wrote a post called endgame so we read that and then we just started going deeper into zika rollups today we call

them validity rollups there is a technical difference like why we should not call them zika roll-ups so when we did that uh that research then we realized that billions of people will not even come if the cost is 20 cents or 10 cents they will come if it is like maybe less than one cent or or even less and zk roll ups or led roll-ups were the most scalable solution uh from our respective in in a in a longer period horizon so we just started building on that then we just dig uh down on zk sync and stock net both of which were building on zika roll-ups we tried to differentiate what how one is different

than the other and after our research we basically decided to build on stock net because we felt that's the solution that will help us maximally to basically take d5 or other web 3 applications to billions of people yeah there's definitely a clear difference between the uh the side chains and alternative layer ones when it comes to security speed especially compared to zk roll ups where they kind of scale with even more even more usage effectively which is which is really interesting um as a as a concept are so is the start net ecosystem going to be compatible with

um like arbitrary and optimism like how do rollups can like are they able to communicate you know transfers of funds like bridges or kind of like cross-chain or cross roll-up environment like how do you see like the interoperability of uh ethereum roll-ups come into play yeah so i think uh in in in maybe next two years we will see roll-ups will be so much composable with each other because ultimately like if you think from zk roll up site uh all they produce as output is a proof and that proof can be uh verified mathematically like you do

not need a lot of validators to uh prove uh to basically prove if the proof is correct or not uh so once you take it to that level then you can write programs across different rollups like one rollup can read the proof of other role so that's how we can achieve completely permissionless and very highly efficient composable systems between roll-ups interesting because right now there's bridges between you know optimism and arbitrarium and boba and and and and others but um yeah i mean we're just now starting to see like the zk environment come to come to light which is yeah yeah it's been interesting exactly and and like uh i think these

bridges will be even better than the bridges we see today so if you think about it today i think we see three different kind of bridges so the first is uh centralized bridges where like you are acting as a centralized party and you are managing liquidity on two different blockchains so if you ask to withdraw on ethereum you give funds to my ethereum account and then i give you fun on your blockchain b from my phone from blockchain b so that's that requires like centralized uh meteors then the second kind of bridges are which depends on liquidity they are permissionless but they depend on liquidity providers so you can think about hope protocol or

something like that they enable instant or withdrawals or instant transfer from one chain to another chain but they depend on liquidity a lot and then the third kind of uh bridges are canonical bridges like they are the native bridges which generally these blockchains develop themselves so like bridge dot arbitram dot io will be that kind of a bridge so here you are basically using the true capabilities of a layer two but in case of optimistic roll-ups for an example uh there is a large withdrawal time of seven days so these kind of issues can persist in these kind of reasons so we we think at least i feel

at least in the zika role of ecosystem we will see complete permission less bridges which doesn't require any centralized parties and at the same time they will be instantaneously fast as well because that's what ck both both side of ck roll ups kind of promise like each side is ready to give you finality within like few minutes or maybe like a couple of hours so that's that's the kind of finality you will get permissionlessly without the need of any liquid liquidity providers i think that's the next level of bridges we are going to see yeah yeah and that enables speed and security at a at a greater scale of magnitude for the current network of bridges exactly do you see with that level of scalability

the evolution of stark net unfolding in a similar pattern to the ethereum uh in terms of these layer ones starting to pop up you know these different environments that have started to support you know decentralized exchanges and then financial applications from there do you see startnet operating and kind of unfolding in a similar uh evolution so are you asking from the user's perspective like the kind of applications that are getting built on ethereum uh are the same kind of application getting built generally as a user are you feeding the same market or is there is there a demand for a different

market over on start net with the increased scalability of that opportunity there yeah so so it's like uh it's definitely like you are not trying to replicate the same thing as you had on ethereum because that will be like going backwards the whole point is achieve scalability the whole point is create like if we are talking about bringing a web 3 to the world then we are not just talking about financial applications for an example we might need even social applications on chain we might need like gaming on chain for an example so you you can you you need to bring like all these use cases on chain if you

truly want to live in a permissionless world in a more uh web three kind of world so what stark net unlocks it's it's basically unlocks unlimited uh computational power so ethereum then starts acting as the settlement layer that's where like it's like if you use any kind of fintech app today which lets you like quickly pay to some other person and you are basically filling up your wallet from your by connecting it to your bank account so that application will do faster payments like like for an example visa is that case and then visa will settle all these transaction at the end of the day or at

some frequency when it has all the transaction bulk up so that's the same philosophy between layer one and layer two so now what happens is ethereum starts acting as like the history which you cannot change and meanwhile you need high level computation so now you can build games for the first time on chain where the game logic is running because games require computation game requires some computation to run the logic it requires so that logic can be on chain and it can be proved that that logic was run honestly now that what that will unlock is like it will unlock a world where different games can be composable as well like think for an example about minecraft like it's it's it's a beautiful example

of a composable game but all the pieces are still into the same game what about if you create like if you have seen like some of the creations of top minecraft like somebody has created counter strike in minecraft so that itself can be a standalone game in in this uh composable gaming universe so that is something like which i think can be possible because of stock net and similarly i think social apps without tooling is something that will be possible on start net so our thesis why we are building an amm is not because amm has been successful on ethereum but because we believe amm will be much more successful in in this kind of an ecosystem where we will see probably 10x more assets because

these all games will run their economies so they will need d5 application that's where like d5 will plug into all these ecosystems and and that's that's basically like the the game we are trying to play on we are trying to basically play the am apart from that yeah the tokenized economy of each of those games looks more robust than it does on on the governance token uh economy that is over on ethereum so what's your vision of the tokenized economy and the role that tokens play in this environment you describe with game real shared game realities and that that universe

and you know the social element as well and the applications that utilize tokens in their economy today yeah so if if you really like dig around into the most successful games uh this could include any platform like if you think about mobile it could be clash of clans or any game super phil makes for an example uh if we think about pc it could be age of empires or any world building games for that example if you think about even fifa like there are assets getting created like you are continuously earning points so like most of us think about them as the gamification matrix these are just numbers but that's basically an economy like as long as someone is investing their time

they are creating an economy and how do you value that economy so it will be the first time like i think it will enable that economy to really pop out in that financial way it will help these gamers these game platforms these game developers to express what they are creating in a very meaningful way in a very different way than what we see today an example could be like uh think about two different world building games uh one is age of empire and maybe second is clash of clan maybe like the because like with when we think about web3 it's very community driven and and we will see there will be people who will be part of both the communities and since both the games are composable this community can create

something else by basically merging playing around between both the blocks of two different games and in that maybe like they can use a different currency which is kind of linked to both the currencies of these individual games so like that's the kind of play tokens can play now why did you do that because then it aligns incentive if you are making something on top of two base games then if you are incentivizing the same people who are part of these communities that could be done by tokens and then it suddenly creates that network effect which any games will need so it will help you like get users very quickly it will help you experiment very quickly so i think these are the kind of unlocks that tokenization in gaming will help and then this i'm just talking about

erc20 like this thing can be 10x when you even think about the nfts the gaming assets like the avatars or things like that yeah yeah yeah i feel like we have a pretty comprehensive understanding as to why starknet is so it is going to be so powerful for all these different types of applications that you've explained now got into the tech the tech a bit as well um which is just extremely powerful as you're saying now what i'm what i'm curious i think a lot of our our listeners are is why why is quarter three quarter four exciting for stark neck community and for d5 on stark net you know what's the uh what's the what's the big you know

events going on towards the latter half of this year so so i guess we are just going into straight alpha here uh so i think stark net community is something uh i have seen from my own eyes like growing it like when we started building on startnet we were third project probably uh there were like there was obviously arjun there was zigzag and i do not remember anyone else building on starknight there were obviously projects that were live on stockx so that point of time like when we started writing cairo for an example there were like really no good resources available so

we saw like there were probably not more than 50 cairo devs at that point of time and i'm talking about probably september uh last year or even before that from there today we have probably 150 known products uh or known projects were building on stock net uh i'm sure there will be as many as unknown as well who will be in stealth today and if you consider like devs they have grown probably like in thousands today like i do not even have that number so that that growth has been very organic first of all like because i've seen other blockchain ecosystems uh many blockchain ecosystems spend a lot of capital uh there is already a big support from investors so

that's why like people come in because there is a pull because of the money so money becomes the core motivation like where i'm getting the money that's the chain i should build on so here i saw people came very organically because they were curious because they wanted to explore they wanted to build new things so that building has been going on for the last 12 months and meanwhile start net was also upgrading so there were like basic limitations for an example there was no capability in stark net just a month ago where you can deploy a new smart contract using a smart contract now how does it impact like so in in an amm like anyone should be able to deploy a pool now that pool is

deployed using a registry contract or a factory contract so we were not able to build something like that so that has been live just like last month so now these kind of things suddenly unlocks 10x potential and then it unlocks more capabilities like you can build 10 different more kinds of applications so now i think start net has created the basic things required in a blockchain i think the next step start net has been going through is the bridging experience uh which also has been live uh they are taking it slow because the blockchain itself is very new there can be stead resets so the timelines for that is now it looks like it will be uh decently live in production with some stable release by

end of october where it will remove all the limitations of tvl so if you have been following how much capital has been going into star net it it's been always up to the capacity so they when they like increase the capacity or the uh the limit of the bridge it suddenly gets filled up like within few hours so we will going to see like a lot of capital infusion when that limit is listed as a result we will see all these projects were building to launch around the same time so the timeline could be like i think fourth quarter is is the more realistic timeline right now having said that there is still chances that it might not be fourth quarter uh i have high confidence interval but it might change so that will be the moment when

all these new projects will be coming out that's when like all the capital will be coming in and probably like a lot of projects will be distributing rewards to all of their early supporters all of their early contributors as well so it's going to be exciting time uh around the fourth hour with the entire ecosystem and aligning those launches between you know very very projects of different teams sizes yeah so for us for an example it matters a lot because we are an amm uh what matters to us is like all the projects should have their pool on jedi swap so as a result we basically try to reach out to all the teams and how we are doing that is there is no team in jedi swap so

everything in jedi swap is done by the community it's done by the independent contributors so when you have such a system like all these contributors are like real believers of the underlying tech that's why they are spending their energy into jedi swap by being a contributor without having any financial contract or any kind of commitment as a return so these are the same people who are also part of all these different projects right because they are bullish on that ecosystem so they want to stay on top of everything as a result like we have been able to basically make connection with all the stock net projects we help start projects building on stock net with visibility like we invite people on

podcast we have a decent following we have a very active community um i personally help any project in terms of guidance if they need any kind of help like crypto incentives or maybe your protocol design we are also collaborating with multiple protocols uh from product design perspective also from liquidity bootstrapping perspective so like the philosophy is very simple build together and basically grow the web 3 together with the help of the uh community and community here means all the protocols everyone building for web 3 for the true purpose yeah so that the community is small but it's like vibrant and it's very tight-knit it seems um

yeah it seems like there's a coordinated push here for the end of the year for token launches for liquidity um just all sorts of of different markets and lending and borrowing and um you know yield farming opportunities it uh yeah it kind of feels like the the early beginnings of d5 summer once again um so yeah i mean what are some of the projects that you're uh currently working with at jedi swap that you're most excited about um you know for for the full launch we are working with multiple projects that include projects who are native to start net who basically the newer projects and then there are some of the blue chip

projects like the uh generation one d5 projects for an example so we are working both kind of projects so on the newer projects like uh we are very working working very closely with zika land zkpad zkx uh um i think zkpad is actually now uh then there are gaming projects as well like we are talking about loot realms uh probably dropbox as well at some point of time on the nft side like we have been talking with immutable spectre and in the blue chip like we have been talking to maker dao for x finance uh all these projects as well nice have you heard of realms for adventures it's like a loot spin-off yeah yeah that's why i mentioned like we

we are talking with lutherans uh as well yeah they're doing um yeah they've gone full startnet for their token claim now and you can transfer over lords and all sorts of different stuff um yep yeah interesting interesting project for sure again that kind of comes back to the applications available from nfts um you know and and game find d5 all together uh with with uh with starkness so you know startnet is accessible right now via the argent wallet uh but not on on metamask is that correct yeah that's correct uh why because uh in in case of stock net the account is a

smart contract in in itself like it's it's not an externally owned account like uh your ethereum account there are many benefits like that's a whole different conversation like what are the advantage i can obviously talk about a few if you want but as a result metamask cannot support it natively because it's not designed in that way so metamask recently announced another product called metamask space that is basically going to be the start native wallet and there is braavos as well who have recently launched the stock network so do you have so when you own the contract that's your wallet is there a similar like private key kind of seed phrase mechanism or how does the

storing of your assets work yeah so it's a similar uh mechanism you have a backup key uh what it enables is like it when your account itself is a contract you can basically it's like programmable wallet you can set up multiple things for an example uh today's security is the biggest concern for any user coming into web3 like we all are uh maybe very tech savvy we can handle private keys public keys natively but imagine like your grandmom or like uh people who are not that tech savvy for them it's just too much so for them like we have created these experiences of two-factor authorization for an example so these kind of things

you cannot build in the the wallets we had before in smart contract wallets you can inbuilt these two of a kind of things which are at the same time permission less like it's not like you are giving your custody of your funds to someone else and that that is something basically what it unlocks interesting interesting yeah well definitely we'll have to get that over to um a more active wallet uh to really get that to get a lot of users so when when they open the bridge to start net which is called start gate our our most users are bridging their assets on urgent wallet then is that where the majority of the funds

are being held so i so it's it's not held in argent wallet like it's it's still within your own custody you only have the private key to move your transaction but it is in a smart contract for that smart contract only you have access to that smart contract but it can unlock like a multi-sig accounts as well like you can say like robbie has one of my key and i have my key my key is primary if in any event i am not accessing my wallet let's say for a year in that case rob can access my wallet so like you see where this this goes to like you can if you wanna enable uh in

unfortunate circumstances for an example you wanna do inheritance so that is something which is possible here similarly you can say like i have two different devices uh for the smaller transaction what thousand dollar this should be the key but the transaction is higher than ten thousand dollar i want both of these keys to say yes so that is something you can build with the account as an ad as a contract itself enables business logic or game logic as you described it before uh exactly as opposed to like a metamask which which doesn't offer the ability for that logic is just a storage spot is that kind of an accurate picture of it yes yeah and

is there is and that's kind of a functionality of cairo sorry i was i was gonna ask is there external actors that could place business logic on your on your uh wallet contract or is it only only adaptable by by yourself so yes yeah it is it is adaptable like different people can create different kind of wallets like i think when we think about web3 today like it is difficult for us to really imagine because the only actions we do is swap tokens or like land tokens like these d5 actions but imagine like when this becomes your identity like your

whole identity is your wallet wouldn't you want a chance to move your identity and never lose your identity like these kind of things basically cannot happen today with metamask so it basically unlocks all these kind of use cases like is that what you were trying to uh look for or i missed the cue yeah the separations and the the new opportunities that are available when yeah yeah so you you were asking about can there be someone like some permission factors basically i think is is what you were trying to lose yeah i was just saying that the smart

contract functionality was it was a it was a result of um coding in cairo um as far as what the wallet structure looks like um which i think is obviously the answer i do not think it's a functionality of cairo like even um i think zika is saying uh might have accounted abstractions when it will launch the zika evm uh i think it could be a functionality of every blockchain even even in case of ethereum for an example you can create smart contact it's just the ux is going to be much more simpler on layer twos because for an example account abstraction might require computation it it might require

a lower transaction cost and all these things which is basically possible on layer twos i i think that's the main difference here got it got it yeah it makes sense and and i i guess my question is more on uh the permit permissionless nature of interacting with an account abstraction and it you know it sounds like anyone can really interact with any any wallet uh account that's out there they can set up logic to send one transaction if a certain amount is received or if that wallet performs on-chain activity yeah so so oh wow that's a whole different yeah yeah that's a whole different world

yeah exactly exactly our account abstraction is going to be really really big we've chatted with the fellas at d5 sabre who are doing some smart contract they're calling it automation where it's triggers once set up one trigger sets up another well is that a similar framework as how these account abstractions are working so i guess the difference i'm looking to dive into is like is it multiple transactions for each uh interaction with the account where that's the define saver format triggers after one another or can you set up multiple actions within the same transaction that occur as a result of some on-chain activity

yeah yeah you can do both basically you can club multiple transactions in a single transit single transaction as well like let me give you an example let's say you have a salary account that is set up by your employer now that employer sends 10 000 every month into your account now that account is itself a programmable account so maybe you can set up a program where you can define every time 10 of the salary i just wanna use cherry swap and buy it automatically so now you do not have to worry like it will just your your employer will send you the money uh your account as soon as it gets the money it will directly buy ethereum on jedi swap and basically all of this will be done instantaneously

like in within one single transaction maybe you want not just ethereum you want to diversify 10 of your capital into five different assets so you can club all those transactions as well together and it can happen in a very single way so like it can open up a very very different world uh which will be even better like these kind of applications you cannot even imagine in a in a web 2 world today yeah i mean it's hard to even imagine them in on ethereum or on a different alternative chain because like for that interaction to happen i would have to settle like a limited order on one inch or something for a price to be hit or or set some sort of like time-based thing but what you're saying is like like so you can basically have like what

we now know in d5 as like using a decentralized application like uh a uniswap or a one inch you can basically take that functionality in import it into your your wallet which is a contract still use the decentralized applications on startnet but effectively you can create those transactions or you can do those activities which extends to games to nfts to all sorts basically like automatically without having to kind of like set it on you know on jedi swapper on these apps like it's almost like it's almost like we're taking away a layer of of like work or of transactions and bringing it uh away from the

applications if you will in ethereum and bringing it to like the wallet which is just a contract so basically like uh a stark net wallet is like a super powered car like smart contract that can effectively do like anything that you tell it to do and it also stores your assets exactly that that that sounds just you know right on point and i'll throw another example out there if i you know to to build on rohit's example of getting you know paid by a dow once it goes and confirms in or once that wallet is paid by that down let's say you know rather than buying ethereum right out on an exchange what

if i wanted to check the price of ethereum if it's under the moving average i want to then i want to you know go ahead and buy so like having that check in there you know rather than that being another transaction caused by getting paid by the dow and then that trigger setting off another trigger and each of those triggers being transactions we can club those triggers together into one transaction and scale within the same transaction for multiple checks or actions yeah exactly and think about how that scales still like like you were saying where he took gaming and other applications um identity and all these things it's

like it becomes like an automated web 3 experience if you will um yes that's well that's a really interesting concept that i'm glad that we kind of touched on um and and worked through now do you see do you see some friction in kind of people understanding this or or the experience of using a different type of wallet for you know the the average meta mask user or even like a more experienced like yield farmer or or such how do you how is the user experience going to like shape up um you know just from the standpoint of actually interacting with these apps so i think user experience is

just going to get better and better i do not think we will have as many friction points as we have today to complete web 3 actions i do not think people will have to rely on hardware wallets or anything like that i think that's really going backwards like it's just not capital efficient it's it's it requires cost to require resources and we as as humanity as a humanity like we are trying to optimize the use of resources we are trying to be more efficient so as a way like i do not think hardware wallets for an example are going to be the biggest thing i think software wallets are going to be the biggest thing it's just

we will need better ux in those we will need all these better features or better security guarantees uh which are going to be possible and that's how we will see mainstream adoption there might i i see a world where uh it could play out just like how uh mobile or any mobile adoption played out like people who were in their teenage areas when when the mobile internally came out i think they were the ones who were able to adopt it much quickly than the older generations who are not as close to the tech it might still uh play out the same way that people who are in for an example people who are in

colleges today maybe they will start their career uh by working in a tao once you kind of experience that and then you will go to work in a traditional organization like you will not be able to survive as a result the next generation will be the quick adopters of all these concepts so it might definitely play out from generation perspective but having said that ux will keep getting better uh regardless of like a user experience makes sense as they uh as the talent flows into blockchain applications and and projects as far as the uh the missing gaps you know for for those who are listening who want to get

involved whether it's uh you know joining a community um already or or starting a community based on you know ideas that uh that we've talked about what what are you know the gaps you see and and what's the most uh effective way to fill them um when someone's approaching startnet so like i think community building is very different than product building com like for community building is very very philosophical it requires very ideological alignment like first someone needs to really understand what is the community i think most people confuse community with users or like as a marketing force like people whom they are using as a marketing post

but community is very broad it's it's very emotional communities something where two different humans can align on something like they have a common vision or their common imagination ah some of those common vision or imagination could be small some of them them can be really really tight it could be really strong and that's that's what makes a community a stronger community and a bigger community versus a smaller community to give you an example like you watching a football match in in a group of five of your friends when you are doing that all of you have some common imagination that like we will all have fun when we are doing this activity and that's why you are doing it so that's community like that's a community of five people without having any

financial goal or anything like that so that's how first like when you think about community like that's how at least i think about community and as a result we have built our community on these principles like what this community means this community is for people who first of all believe on fair and transparent systems who believe in permissionless systems so if i won't be able to part of jedi swap community if i myself truly not believe in it so once you have all these people who believe in the same thing then suddenly like you are moving things from a very ideological perspective because you want to play with the ethos of the community that's what is most important to us and then it always plays out in the

product as well because that's when you are seeking product which also help these kind of ethos like the ethos are built into the product itself and and that's why like from jedi swap perspective we believe in permission less uh yes and that's why we love ama because mms are the perfect example of permissionlessness yeah it's exciting so even in case of stock net yeah so i was just saying even in case of startnet the principle applies when we are part of staff net ecosystem why we are doing that is because we all believe like we can make uh we can push the humanity forward with this technology and that's the common part that's why we all are part of stock net

community yeah i was going to say the same thing i feel like start the community is very aligned on the like the ethos of i mean ultimately like decentralization and what ethereum stands for and then yeah where you're where you were headed as well um so as we kind of wrap up here what are what are we uh going to get excited about which with jedi swap in the coming months how can we get involved um and how can our yeah how can our community be a part yeah so first i will answer how someone can involve and what we are most excited about so jedi swap is a product i think the most amazing thing we are doing it how we are building that product so

there is no team injured i saw there is literally no hired person in jedi swap everything from development to design to marketing is done by the community so when you try to do that uh it it creates like multiple outcomes one everyone who is becoming a contributor they are mentally aligned they are psychologically aligned when they are aligned or also they are working with the same kind of people it generate happiness within yourself because you are first of all working with the like-minded people and you are working for the goal which you believe in and because it's a fair and transparent system you are getting rewarded by default by doing that and so it's very easy to basically become help become a contributor or help jedi

swap just join our discord introduce yourself it's it's the community's job to get you the right direction so community will figure out how to get you to the right direction they will help you getting built so the whole philosophy is learn and build together uh so that's what we are most excited about like uh now this system creates a lot of problems as well so as a result we are solving these coordination issues uh we are building new innovative processes and when we are building these processes we also know what kind of toolings these kind of processes will require so we are kind of also playing at the frontier of now so we will be creating a lot of dow tooling uh many dows have come to us and ask us uh our help like how they can implement

the system so with time we are going to create framework which can be used by other dolls other communities as well from product perspective uh we are going live on mainnet probably in a week or two uh it will be a small launch because there is still liquidity small liquidity on stock net because of the tvl limitations but that's the that's the biggest thing we are excited about from launch perspective will be one of the first d5 protocol on mainnet on start net it is going to be completely permissionless and then we are already working on v2 which will come again around the same time as all the protocols will get live on start net which will be q4 stuff man thank you for coming on

rohit i'm excited to see you grow see you in paris starting at cc it's gonna be fun and um yeah again thanks thanks for hopping on and uh sharing some alpha yeah thanks a lot andy and thanks a lot rob uh really had fun having this conversation and see you in paris i'm really excited about great job cheers