Better onboarding & workflows through the right middle layer

Transcript

[Music] hello good morning everyone I'm Julie from depos I lead the business team there here I'm very glad to be here to share some details and info about that post with you so that post is the operating protocol that tries to make Dabbs as user friendly as a web 2 once so here we saw a recent study that shows actually 96.80 people they find it very hard to use devs so maybe that's the reason why now we have around millions of users here that's using website apps but there are actually billions of more

out there which is blocked by barriers we believe that for the mass adoption of web 3 we need to tackle these barriers and really to make the apbs more easier to use just like a pooch just mentioned he mentioned about billions users and other billions of devs which I totally agree with that we think that we need need everything to which is more easier to understand so here I use a new VLC user as an example so he wants to maybe wants to try the Perpetual protocol on obtain but here he might be finding very confusing as a very as a very first and new user as a as to start their Journey web3 he will need to find the wallet or accounts

and to memorize the 16 random words which is very difficult to memorize and easy to forget even his story somewhere it can get lost so that can be the very first thing to get people dropped out of the process and we think that's a very uh that's very pretty thing and then the second barrier is a complicated workflow so for example to start with liquid mining five steps minimally involved and if it is involved in different chains also on different dapps things can be even worse it can be over 60 uh clicks with 10 plus steps which can be very confusing so here uh we try to solve doubles tries to solve the problem by combining

account abstraction plus the efficient Network which will bring a much user much more user-friendly experience in using the apps so as we mentioned there will be no more confusing recovery reviews which you know oops what if I forgot my recurring phrase don't worry about it it can be reset anytime so it's totally resellable and also it's a unified account which I will explain more later in details and also uh it's gonna be a very so DeVos can execute very complicated workflow for you guys so it's going to be totally one time and ultimate so more user case

I still take a op Perpetual protocol for example so we can make it 19 less more complicated from 76 clicks to four clicks and 12 times faster I promise so it can be take 12 minutes because it involves you know different technology is involved in different dapbs and different confirmations of you know execution but now once you get in the devil's account is Unified you just depose your usdc from your serum wallet and now you only need to confirm the ones for Signature request because all the workload is combined so you have to no matter is sequential or is in parallel you can use it and finally it's

done so everything will be automatically done by that post within one minute oops that's fast yeah and the good news that we have added payments like binance pay and credit card to make it even more web tool user friendly uh just to give you guys a bit more info about doubles so uh it has been a really eventful and productive Journey from Depot's team since the very successful debut of the of that post since uh early October 2022 we have actually achieved remarkable uh milestones for example we've been enrolled in the binance lab season 5 incubation program where we

have a very meaningful Journey with the men's Labs team and also we have forging about over 20 products for collaborations and finally we have secured the investment from balance Labs as well also along with other many other reputable VCS so uh so for us next up we are very thrilled to announce the launch our version 2 that post version 2. so to be honest we have launched about one week ago on Twitter so very exciting road maps of the future so we promise we promise more development in the coming months to come uh and also the devil's version 2 actually represents the significant Leap Forward into uh in

terms of functionality and user experience as you actually I believe we believe it will rationalize uh sorry uh revolutionize uh the multi-chan working process and system so uh today I would like to share some advantages of the typos version 2. number one uh it's a unified account so uh normally this will really bring a seamless user experience for you if you're trying to build your multi-chin on chin assets that's but it's Crossing chance but now uh you can have everything Unified so which would animate eliminate the to eliminate the problem to differentiate between various

chains so that you have you don't have to jump from from lunch into other things so now you can totally focus on your total fund and assets uh I believe it's easier for you to build your assets and secondly uh it will support task dependencies so for example it actually uh now supports users to execute very complicated workflows so instead of you know you have to go through different uh different uh you know sequentials or parallel kind of confirmations now you only need to confirm once so it's totally ultimate just one click and it's done so it actually enables users to execute very complicated workflows and Surly is a new bidding system so it

actually incorporates a different Advanced functionalities that enables users for the bidding and building of the building system so for example we allow service nodes now to participate in network and generate Revenue through their services so how it works is that users they can submit a transaction request and pay for a fee but now they can choose the fee to pay so if you're gonna have uh if you're gonna have a very complicated workflow to generate or you have a very large amount of capital I mean large amount of notional then you might want to you know put a competitive bit and then the service node will will take it here it

goes so just to make everything more efficient uh and more people share about the product so here I want to share uh just a little bit more General uh roadmap of the project so the project is divided into phase one and phase two so for phase one uh we're actually building a front and the SDK for the apbs to use to integrate for example with for phase one uh we have uh many partners integrated with us one of them is the biggest or very or and also very major Partners GMX so we have built a front-end dipp for them uh for example this is totally the this is just the very first generation

of the front end SDK so we are supporting BMB chain polygon and opt uh and op-10 besides of their original Avalanche and arbitrum so any user from those chains once you're logged in you can just trade seamlessly on any chance and you know uh without Crossing chance so you can just deposit to either glp or you know sorry deposit uh stable coins or stick jlp and to earn the yield so uh but for version yeah as I mentioned as for version two it's going to be all chance connected and also more powerful transactions and execution workflows

and then it's the phase 2 product so it's gonna be a mini program uh which is even more user friendly uh so this is just a simple example a demonstration of the of what it can look uh what can be look like so for example you have your or your assets unified you can see you have your total value of Crossing chains and then you have access to all different depths uh and then once you want to execute it's just one time so it will combine all the workflows no matter it's in sequential or in parallel order of your of your job task and then it's combined also finally everything will be done by that post

within a short period of time so we did study the latency about the transactions and we have we are working really hard on dev teams to try to reduce the latency because we think latency is really something that we talk to our partners that's something they care about and they really want us something really focus on and Reserve so the thing is that it really depends on where your assets originally come from and also the notional and also the confirmation uh speed but the thing is that we're really trying to uh so the next roadmap for us is to really decentralize our nodes so we are partnering with more nodes and you know uh with I mean what I mean is like server node so they can be powerful like

um you know pools or uh or you know validators that will really try to solve this latency problem together with us yeah and finally uh this is the QR code for our deposed version 2 video which is very updating you guys can try and use it uh yeah and I'll be here for the morning here so any questions uh I'm you are very welcome to find me in person and I'm happy to answer uh just uh one last thing if there's any questions anyone have a question okay so thank you very much okay thank

you very much everybody thanks very much [Music]