Layer 2 growing, Alpha Homora v2 and more - The Daily Gwei Refuel #31 - Ethereum Updates

Transcript

hello everyone and welcome to another episode of the daily gray refuel where i recap the latest news in the ethereum ecosystem i'm your host anthony sosano and today is the 9th of january 2021 and hello everyone today is a special episode as it is a saturday so i said on wednesday that i would make up for missing thursday and friday by doing an episode on saturday covering i guess the news from the last 72 hours or so uh and a lot seemed to have happened uh since uh since then i think not just in the crypto ecosystem but you know obviously a lot of this stuff happening in the us i'm not gonna obviously go into that that's that's outside of what i want to talk about today but i hope that uh that you all have um you know i guess like uh been able to deal with

the craziness uh not i guess not just that but also you know within the crypto markets you know the the bull market seems to be in full swing at this point i mean i'm not going to talk about prices too much or anything like that but you know you can see eight years at 12 20. and actually the reason i wanted to bring up why ethies at this particular price point is because uh the other day i decided to make a uh a little bit of a silly promise i think uh i said on twitter i will not be tweeting again until eighth hits all-time high send it and this was uh what two days ago now um two or three days so this was in hindsight not a very great decision because uh it's very hard for me not to tweet

i i love tweeting i love replying to people i love putting out tweets i love talking about how much i love either obviously for all of you who follow me and it's been really hard not to do that i am kind of just like retweeting you know people as i as i am sit on there waiting for eighth to get to all-time high i mean we're so close right it's 12 20 i think that's like what 18 or something away from 14 20 or something like that it is just one day away from hitting all-time high in terms of like you know the movement can happen in a day you know hopefully it is one day away um i don't want to be in twitter jail forever but it's also funny because if this if it takes until next month to reach all-time high i

won't have to do the bull bull dance video that i promised i would do so i'm kind of like in two minds about this you know can i survive another 20 something days without tweeting uh or you know just so that i don't have to do the dance or you know do i want to be tweeting back to tweeting as soon as possible and do the dance uh i'll i'll say maybe we'll see what happens i i personally don't think it's gonna take until the end of the month for eve to hit all-time high i think we're you know as i said we're very close so i wouldn't expect it to take too much longer but anything can happen right a lot of the time eth loves to do this thing where it sits idle for a while and then it'll do a lot of uh

moves within a short period of time we saw that from the move from like i think the 700s to uh you know 1160 or something like that and i bet you will see that again right where ethel wake up blast their all-time high maybe go to something like 2 000 and then come back down or something like that so you know that's what i kind of expect from eth going forward i i really want to tweet soon so if you guys can kind of pray to the eighth gods and get this thing over uh the all-time high i'll be back to tweeting but anyway let's get into the rest of the video for today there's a there's a few updates i wanted to go through uh you know from the last couple of days um so i guess like uh before we do that on that note uh krogman uh put out this

this basically this tweet saying eth officially broke its all-time high uh market cap uh the other day and i actually i messaged my um my friend eric conner and i said to him hey do you reckon i can get out of um not tweeting based on a technicality and just say that i i thought i meant you know if eth breaks its all-time high market cap i'll tweet again and then i thought no i'm not going to get out of it i want to technicality i'm going to stick to it eth needs me let's get to the price all-time high um not just the market cap all-time high and for those curious the market cap all-time high the reason why uh it's been hit before the price is because each supply has obviously increased over the last three years which means the market cap is higher

than it was three years ago the last time eth was at uh 1420 so the market cap all-time high was reached at around 1200 or something like that or maybe over 1200 um but yeah definitely going to wait for the actual price all-time high before i start tweeting again uh unisop is seeing some amazing growth um as we progress through this bull market i i mean this shouldn't come as a surprise to anyone you can see here that the liquidity on uni swap just passed uh well i guess like two days ago past 3.1 billion dollars uh which is almost an all-time high and you can see in the chart here like the massive dip i guess and then the recovery the dip was from the uni rewards ending so

once the uni incentives ended unisop lost about two billion dollars worth of liquidity uh but it's managed to almost get back up to where it was uh which is very impressive because there's no uni rewards right now you know i know there's a lot of competition and a lot of people are really excited about sushi swap and things like that i mean you know i don't own any sushi tokens but you know to be honest i'm actually pretty happy that unisop has some competition here uh and it's not just competition that's doing kind of nothing it's they're actually innovating and they're building newer products and they're actually trying to do something different to just copying your new swap so you know as i said i don't only own any sushi tokens but my opinion on it has changed over the last few months seeing it go from you know what seemed

like i wouldn't call it a scam but like someone like just a project with a lot of drama surrounding it to something that's actually innovating within d5 uh but you know on that note i'm very impressed by uni swaps liquidity growth without token incentives because sushi swap still has token incentives you know their growth is coming from that a lot of the time which is fine i have nothing against token incentives but i always like looking at what i like to call unincentivized tbl so unincentivized liquidity which i think is a more important uh metric than uh you know just looking at you know say 90 of the liquidity is incentivized while logically you think that you would think that 90 would leave or like a large part of that would leave once the token rewards ran out

um so then yeah i guess hayden goes on to say that there's hundreds of thousands i mean he mentions this he says you know this time it's without any uni liquidity mining incentives and he says just hundreds of thousands of real users generating millions of dollars in daily trading fees uh 14.1 million just for last week so yeah i mean i think i guess people probably wondering you know why or how is uni swap still getting so much liquidity in its protocol uh unisop volumes and and swap volume and integrations and trust i think is is greater than you know other alternatives like sushi swap and even balancer uh and i think that means that you know liquidity providers are more comfortable putting their liquidity into uni swap they don't care if they miss out on the

on the token rewards or the token incentives uh they're happy with their liquidity and uni swap so yeah i think we're gonna see a bit of a blossoming there i do think that the winners from this kind of amm war i guess you could call it is going to be the aggregators so there's something like you know one inch uh there's a there's a bunch of others out there like matcha uh paris swap there's a few out there like uh dex ag um and things like that so i think those will be the winners and among those i don't know who's going to be the winner maybe we'll have an aggregator of aggregators i i don't know but i think that the underlying in the long term will trend towards uh maybe one or two of these protocols i don't know how many

of these can exist and how fragmented liquidity can become i don't know if we'll even see like uh kind of a divide between different um parts of the world right maybe they'll be unisop will be like the western amm and and sushi shop will be like the the eastern or asian amm i don't know i don't think so uh i don't really see that schism developing but maybe it does and maybe that's how we kind of separate these things and we see these things play out but yeah still very very cool to see uni stop growing without token incentives uh always happy to see that because i mean as you all know token incentives are quite they're not sustainable forever right you can do it for a period of time but eventually i mean you either put in perpetual inflation which means that

you need to put in inflation that isn't too high because then it will dilute the token holders too much and the price won't really move so you have to put the dilution like i mean the inflation quite low which means that the rewards aren't very lucrative so it's like a balancing act there um which i think some projects might actually do like perpetual token issuance i think i think unisop has that uh from memory which is a bit weird but uh in general um always good to see unincentivized tvl uh growing speaking of decentralized exchanges and specifically aggregators uh shapeshift announced that they're going to be integrating a bunch of different defy i guess like exchanges or amms and things like that um

and going to be i guess building a d5 aggregator or a decentralized exchange aggregator here um so for those who are i don't know shapeshift has been around for quite a while they were basically the original i guess token swapping platform but it was not you know defy uh it was like on chain token stopping platform it wasn't decentralized or anything like that you'd go to their site you'd put in you know how much of a token you'd want to swap for what token and then it it'd be matched in the background and you'd get back that token it wasn't very quick and like when it was busy usually it could take up to hours to get your swap done you know it wasn't super secure because it was centralized but the benefit was that there was no

kyc uh but what ended up happening was that the us government ordered shapeshift to uh implement kyc uh so they had to which means that shapeshift lost most of its volume uh because people just weren't interested in using it anymore because the i guess like the appeal was the fact you didn't have to you know uh kyc yourself so shape-shift has come back and it's hitting back and basically saying well we want to lose the kyc from our kind of exchange let's just do it all in d5 which i think is actually really really cool um you know i i mean obviously shape shift probably can't exist long term uh you know i mean take a step back here shape shift also does like cross chain swaps

but but the thing is though they were popular for cross train swaps because you could go from something like eth to monero or eth to z cash with like hardly any paper trail and then have like private you know transactions in there and then be able to cash it out somewhere else um but i think now given the fact that there's the whole deficit ecosystem on ethereum you have stable coins you have you know private coins you can actually go into you can wrap die in you know zero knowledge proof and have some privacy there you can do this stuff and also the fact that there is now cross-chain protocols that don't require kyc so we have i guess thought chain uh we have i think chain flip going live or or there's another project tackling this

like boring dao there's a bunch of them ren uh from uh ren wren like has rembtc so shapeshift i think i made a strategic decision here to go the aggregator route because of the fact that their i guess customer base is dwindling on the fact that you know they need that they have to do kyc whereas the op the um the alternatives on ethereum don't and that's the main selling point one of the main selling points of this decentralized trading across all of ethereum i believe so yeah and it'd be very interesting to see when they launched this and what they do with this uh i uh i mean i use shapeshift back in the day it was one of the first exchanges i used in i guess 2017 um but yeah once they did put in kyc i

definitely stopped using it at that point unfortunately but yeah i hope to see them make a comeback here so this isn't particularly ethereum news but i thought it was interesting uh some of you may know uh eip1559 is actually being implemented on other networks so it's been implemented on filecoin and uh there's there's one other network i'm forgetting the name right now um but i think file coin is the most relevant one because i in the discord uh in the ethereum research discord i actually see the file coin devs in there talking about eip1559 uh and this was basically a blog post that file coin put out summarizing their views around erp 1559 and how it's what

worked in filecoin uh and they they call out a few different things here they say that uh it's more efficient which is exactly what it's supposed to be besides the the fee burn it's supposed to be in a more more efficient kind of gas model it's better for the user experience um there's uh i think this this might be a file coin specific thing but critical message throughput um in file coin so window post messages and file coin are time critical and thus be processed must be processed in a way that is robust to congestion and 1559 offers the greater reliability and throughput for such messages um and rewarding network for transactions so the entire network bears the cost of processing transactions and should be compensated

accordingly i guess that's that's with the burn um but yeah basically uh this is this is quite insane uh like insane i guess like from uh from from the perspective of you know do we want to test one five five nine how long do we want to test it and obviously we do but the fact that it's already on file coin and already on a live blockchain in a in a mainnet environment gives the researchers and developers a lot to look at because they can see this and say okay well it's working in file coin really well you know based on our assumptions this and this have happened or this hasn't happened you know there's a lot of worry about attack vectors of of um one five five nine but yeah i i mean all i've kind of heard from

from the file coin side is positive stuff so i mean i'll link this post in the in the description you can go check this out for yourself but i think at this point i would put a 99 chance of one five five nine going into ethereum main net and the reason why it's 99 not 100 is that you know you always got to leave that little wiggle room for something unforeseen happening but i just i don't see any blockers anymore in terms of uh you know concerns from people you know security concerns uh implementation concerns uh you know and just an fyi here the the erp-1559 is actually already being implemented into the go ethereum client it just hasn't been activated on main net yet so it's ready to go but we do need to do

a few things before we can activate it on mainnet and as i've said before i think we can expect this towards the end of the year on ethereum which is going to be a pretty pretty huge day i think for ethereum as huge as maybe not as big as the eth2 beacon chain going live but to me uh 1559 is just as important as staking is to eats value accrual properties so really really excited to see that go live so git coin put together their year in review for 2020. i think git coin had an incredible 2020. uh they i mean i they raised so much money for so many different uh grants right because of the fact that we had defy summer people had a lot of money to donate and do matching with uh the

gitcoin grants rounds uh and that's what they did we had like millions of dollars running through through bitcoin uh and every round has been bigger throughout 2020. i i mean i i i've spoken about decline a lot before and i've been one of the beneficiaries of it through both ether and the daily guay so i can speak to the fact that it has been a great platform for myself and obviously uh for a lot of people maybe some of you listening have grants on there i think that we can eventually get to the point where at least a handful of people can be working full-time just by being compensated from bitcoin grants matching rounds specifically i think that's one of the goals of git coin is to get to that point uh

and you know there's not just the grants there's the bounties as well and things like that and they want to be able to offer i guess this thing where people can work for the open internet and they can work for ethereum uh and you know and you're rewarded for that uh through these matching rounds so yeah i'm looking forward to seeing 2021 how it goes what kind of funds are raised what kind of matching's done because since the the last round ethan's pretty much doubled in price i think uh d5 tokens are again heating up so i think people have more money to throw around we'll see more donations being made and we'll see more matching as well so really really looking forward to uh the next round of git coin grants so uh us at the index co-op announced a couple days ago that we're looking for

new index methodologists to join i guess the co-op so basically what the index methodologist program is is basically uh the way you can think about it is that the default pulse index uh it already exists right most of you probably heard of it by now and the methodologist the ones who created it and kind of manage it from a criteria point of view is defi pulse so they have a website at pulse.inc you can go check that out where they put for their methodology of how the index is supposed to be structured or you know um how it's meant to be structured so things like you know the the project has to be around for six months or more for the token to be included in the default pulse index uh the token has to have um it has to

have more than five percent of its supply in circulation it can't be a wrapped token you know there's a bunch of different things in there so what the methodologist program does is it aims to reward uh people for coming and coming up with index products and putting and getting them live on the co-op and generating revenue for the co-op and you'll be rewarded if this is something that you want to do in index tokens so 7.5 of all index tokens have been allocated to this program so there's a quite a lot up for grabs i think in terms of monetary value it's quite high uh last time i checked the index price was about seven dollars so and there's uh 10 million tokens um so basically uh 7.5 is 750 000 tokens

so times seven and you get like four you get you get you get a fair a fair amount right uh of of tokens there basically millions of dollars worth uh and this will be paid out kind of uh over a lot uh i guess like i think it's an 18 month period so if this is something you're interested in definitely uh join uh read this blog post which i'll link in the description and you can join the discord and join the forum and everything like that uh you'll be able to find all of this um once i link this in the description uh but yeah that's basically an open call and it doesn't have to be index products that are defined it can be basically any structured product essentially uh you know layer two is heating up but there's not too many tokens yet maybe that's something that

can be revisited in the future you know if you've got an idea and you think that uh you can um basically generate revenue for the co-op like size i guess tangible revenue and that you think your product's going to be very popular definitely check this out i think it's really great alpha finance announced their alfa homura v2 a couple days ago so for those who don't know alpha finance has only been around for a little while now but they're quickly becoming one of the best the d5 projects uh just simply because they've been growing so fast and they're offering some really cool products so alpha alpha homora is their leveraged yield trading

yield farming product sorry uh that has been around for a little while you can actually farm as i was just talking about the index cop you can actually farm index tokens uh uh with leverage by putting in dpi and eth into alpha hallmark's interface there so definitely go check that out if that's something that interests you but they announced v2 and they have a few partners on board uh they have cream sushi swap curve and balancer on board for their v2 which i thought was quite a big deal i really love seeing these synergies coming along and i remember i i a few weeks ago i spoke about how the why earn kind of mergers um were more like partnerships and they definitely were and i like it when projects actually worked these things as

as partnerships which is what alpha finance has done because that's what it is right um they're just partnering up with these protocols working with their teams to uh you know um make the experience of their own project and their own kind of product better for their end users so yeah if you're not aware of alpha finance yet i definitely recommend checking them out they're not only doing the leveraged yield farming but they're also doing a bunch of different products that they've got coming out in the future uh they've got like a perpetual exchange coming out i think relatively soon that they've been talking about and alpha hemorrha v2 is obviously being supercharged with a bunch of these different protocols so definitely go check them out so i've said it before and i'll say it

again 2021 is the year of layer 2 adoption and i think right now we have a front runner in loop ring and zk roll ups in general so as you can see here uh matt fufinestone from loopring announced that uh we ethereum zika roll-ups now secure more than a hundred million dollars uh worth of liquidity so 89 million dollars belongs to loopering on their uh layout to exchange 11 million dollars belongs to zk sync which was used in git coin for those of you who are sorry who are familiar with that and then he also says that you can throw in diversify which uses volidium from starkware um which is another i think eight million dollars of tvl so you know we basically just from a few

months ago went from zero dollars or close to zero dollars to 100 million dollars and this is following the adoption curve i guess of uh defy in general i think we're going to get to i mean as matt says here i think we're going to get to a billion dollars in in short order it's going to be quite quite fast um i even expect like as soon as uni swaps layer 2 goes live there's going to be a billion dollars in there like instantly i can imagine them doing some uni rewards on there possibly and getting people to migrate across but yeah i mean the gas fees have been persistently high uh you know even though it's calm right now they're still at i mean i can see it there they're still at around 60 way for a fast transaction uh the other day we

all we all experienced that where uh where they were up in the high hundreds or the mid hundreds uh which was quite insane so yeah the push is on the race is on we're going to layer two and uh we're going back way quicker than a lot of people expect uh and you know a lot loopering's actually doing great work here because they're doing liquidity mining on their layer to exchange which i think is actually needed so you know you have two basically things pushing people to layer two you have uh the high gas fees obviously that's kind of like you know a bit random because the the high gas fees uh sorry the gas fees aren't always high and you know you you can't really predict when they're going to be high there's not much predict predictability there in terms of spiking you can basically guarantee that the gas

phase are going to be high if eat is going up but you don't know when the earth price is going to go up right or maybe even down because people are panicking and trying to cover their positions when the market's going down so the second thing and the more sustainable way to do it is with liquidity mining right get people on layer 2 get them providing liquidity get them trying it out get them used to this experience of super fast cheap transactions and then then they don't even want to go back to layer one so i think that that's the the right approach and i'm really uh happy to see luperin doing this um so i mean i don't hold any lrc tokens so i'm not just chilling anything here um but i really uh enjoy uh watching loop ring execute on this because they've been at it for quite a while

so if you haven't checked out their layer to exchange yet definitely go check it out uh it'll be linked in the youtube description well this tweet will be and you can you can find the exchange on lupring's twitter account there so umbrella protocol from yam has uh entered internal alpha testing so just a refresher here umbrella is a i guess like a defy insurance protocol or a defy kind of like uh cover protocol uh that aims to be much more expressive much more open i guess than nexus mutual is currently uh as as you probably know nexus mutual requires k requires kyc right now which is not popular within d5 of course and and for good reason uh and it's a bit limited in what you can do with it

umbrella protocol aims to be uh you know not not have these limits at all be basically decentralized you know be composable with the rest of d5 because the protect protections and the positions will be nfts uh so you can like kind of send them to different wallets and trade them and everything like that um have customizable pools and basically be managed by the yam community as well which is which is really cool because i think the yam community is great so yeah definitely go check this out if uh if you want to learn more about this protocol it's a it's a bit of a sleeping giant i think insurance is going to be big we've already seen other protocols like cover trying to fill the void there that nexus mutual kind of hasn't filled but cover obviously has a lot of drama

surrounding it unfortunately so maybe that's a that's like an angle not an angle but like it's an opening for another protocol to come along and and and do something but i think in general we're going to see more than just two or three of these things we're going to see a lot of them competing uh doing a bunch of different things and i think just like every other d5 protocol the winner is going to be the one that offers the most compressibility with all of um d5 basically and the most decentralized the one that doesn't require kyc you know nexus mutual is fine and i and i think they're actually going to go far but my thesis and my entire thesis when investing in any d5 things or or kind of looking at them is that you need to be composable with the rest of d5 if you want your product to take

off it's as simple as that you cannot have a closed ecosystem um if you want your product to take off for fundamental reasons you want uh your um your products to be used outside of just pure speculation and things like that because that's what defi is all about it's all about the money legos so you know for any budding developers out there or people you know thinking of starting something in d5 i think you definitely should take that on board and think about that before doing anything really it's critically important um if if you don't you'll just start you'll hamper your growth you might find some niche somewhere but i think a project that does you know what you what you would fail to do or what another project fails to do you're just leaving gaps open that other kind of projects can exploit so

yeah i think in general that's a good rule of thumb to live by last thing to talk about today so i wrote about this in the delight newsletter a couple days ago um or i think yesterday basically uh ethereum is a trojan horse right um or at least bitcoin is a trojan horse for ethereum i should say so what i mean by this is that obviously in the mainstream outside of crypto it's all bitcoin right bitcoin this bitcoin that bitcoin breaks all-time high bitcoin is worth this amount you know how high is bitcoin going blah blah blah it dominates mainstream headlines uh ethereum is mentioned sometimes but nowhere near as much as bitcoin is i actually think that that is a really

great thing for the moment uh and over the years it's been really great because what ends up happening is that outside of crypto it's all bitcoin right or mostly bitcoin then once you're inside the crypto ecosystem it's literally ethereum and and really nothing else right you can enter into bitcoin you can buy some btc you can learn about it and then you're like okay what can i do with my btc well you can't do anything on bitcoin with it right like literally nothing so then they discover ethereum right because that's number two everyone looks at the number two and they go okay what can i do with ethereum and then obviously d5 right you have uh d5 and then the the funny thing is that they can bring over their btc into ethereum and do stuff with their btc

then uh so ethereum has basically and i wrote about this basically has so many doors to enter into the ecosystem whereas bitcoin only has one uh but bitcoin is one of the doors that is part of the ethereum ecosystem uh so a lot of people would come in through bitcoin some people coming through nfts we see a lot of crypto artists these days right they're definitely not in ethereum and defy speculating or aping into different coins right they're putting their art and tokenizing their art and making money from it and discovering all the wonderful things about ethereum we saw people do this recently with people drop where he i think sold 3.5 million dollars worth of his art after tokenizing it uh and yeah he obviously

i mean as far as i know he has never really spoken about it i don't think he was speculating on defy tokens or anything like that right but even outside of that right you have people who enter through defy which is fine i think most people will enter through that um uh you have people who enter through uh maybe layer two they wanna get involved with layer two maybe they wanna get involved with cryptography uh you know there's so many things and so many different doors that people can enter ethereum through i just i don't see how ethereum doesn't just keep winning right uh no i mean i don't really care about comparing it against bitcoin i feel like bitcoin is its own thing and will be its own thing but ethereum has a lot of kind of competitors right and i don't think any of them are

serious competitors at this point they still got a lot of growing to do but you know there are enemies at the gates so to speak they want to take ethereum's market share they want to uh in a beat out ethereum they want to be worth more than ethereum i i don't think that they they i mean i personally don't think that they can and i think a big reason is definitely because ethereum is so accessible and has such a huge ecosystem for people to enter in through now and once you're in ethereum there's you know i don't really see many people questioning and saying okay i've done all this in ethereum what else can i do right i mean there's not much else you can do you can go to one of the other chains and maybe there's some stuff you can do there and maybe you do stuff and it's cheaper

or whatever but i guess that's because a lot of these other things are centralized but other than that fundamentally all of the most exciting things are happening on ethereum so i just don't see that happening and even the cross-chain stuff right is happening on ethereum everyone's bringing over their assets to ethereum because they need the liquidity they need ethereum's network effects they need ethereum standards no one wants to trade these things on other chains of descents like this decentralized exchanges because it's just not a big thing right there's not much liquidity the network effects aren't there they don't have users you can you can even go look at all the um all the other chains and their transactions per day uh the ones that at least have fees they're all like pretty much

non-existent and and the ones who don't have fees i mean it's very easy to fake right you can just set a bot up and just do dummy transactions but i don't you know i don't want to bash on the other projects too much i don't think any of them are scams or anything well most of them aren't some of them are um but i think that uh you know bitcoin acts as a really really really great door into ethereum uh because of the fact that it's so limited in that you know as soon as you are done learning about bitcoin at i guess a surface level and buying btc there's just one other place you're going to go to and that's ethereum so yeah go read the newsletter if you want to get some more of my thoughts on that but i think i just summarized it quite well

so you probably don't need to uh but yeah i mean this meme basically kind of like got my brain spinning the other day when i was thinking about it and i and i thought it was a really important point you're probably going to get a lot of people asking you about ethereum now and i think that 2021 is going to be ethereum's year again because we're going to see just more explosive growth across d5 you know dows as i said layer 2 each price is going to keep going up um well i mean i believe it is i can't guarantee that of course but i believe it will keep going up and and he's getting uh institutional adoption as well um you know we have cme futures going live next month that's the precursor to an etf so i think we're going to see a

bitcoin etf possibly this year uh and then eighth etf will come shortly after i i can't imagine it taking too much longer so you know eighth is gonna have or ethan ethereum are gonna have some great years ahead of them and i am super excited to cover it all for you all because i will be here covering it on the daily gray uh youtube and the newsletter and everything like that so yeah very exciting times ahead but i think that's everything for today so thank you everyone for watching and listening i hope you enjoyed it uh sorry about the last couple days again uh that i couldn't record but i hope that you enjoy this special episode today uh tomorrow i'm putting out a day at the daily gray a data pumper number two so this will cover the data analytics for december

i'm going to be covering some eth2 stuff so be sure to tune into that one uh but yeah subscribe to the youtube channel so you don't miss that and future videos give this video a thumbs up join the discord and subscribe to the daily grey newsletter and i'll catch you all on a monday thanks everyone