Why Galxe Is Launching Their Own Chain

Transcript

GM and welcome to another episode of the rollup today is the alpha mainnet launch of gravity and we speak with co-founder and CEO Harry Zang about why he decided to launch gravity which is an app chain built on the arbit of nitro stack for Galaxy the social questing platform and we talk through all of the motivations and technical specs for Gravity today we speak about the execution environment r e why they're using ARB from Nitro and why they're using I layer restake e along with their own G token which is the token for gravity and Galaxy as economic security for Gravity we talk through the consensus mechanism and why

gravity is a solver Centric chain that solves a lot of intense and ZK proofs for the chains and applications that are built on top of gravity all this and More in today's episode stay tuned first word from our sponsor mantle is a layer to blockchain with one of the biggest onchain treasuries in all of crypto and they have a 100 day campaign called metam morphosis live now what this is is it is a campaign for their liquid Stak eth token M eth as well as their upcoming liquid reaking token CM where you can utilize this token on the mantle Network in a variety of different apps some of your favorite reaking protocols and defi protocols and

earn yields in the form of powder which will eventually be turning into a governance token Mantle's been around for a while we like them because they use their own form of Ian da uh they have a good ecosystem and they're growing so check out this 100 day metamorphosis campaign and hope you guys enjoy the rest of this video what's going on guys welcome back to the rollup today we have Harry from uh Galaxy and we're going to be talking about uh the new app chain that just went live on mainnet uh out of Galaxy this one is called gravity um also helping to solve chain abstraction uh Harry I think like pretty much everyone in the web 3 space has heard of Galaxy probably done a

quest or two on there and now you guys are uh going into the app chain route so I'd love to talk about the app chain thesis why you guys uh yeah first uh maybe introduce yourself and then we'll talk about why Galaxy chose to launch an app chain yeah thank you Robby for inviting me here yeah so my name is Harry I'm the co-founder for Galaxy and also so most of you probably know Galaxy we started with a pressing platform and right now we really turning Galaxy into your through super act um helping you to do everything3 uh not only uh helping users to find the next big early stage projects we also help users to do better research and trading through all of our

AI co-pilots we also provide users with a savings product that enable them to do do like easier yield earning through different chains while having better access access to liquidity to to their savings so today we have more than 25 million users interactive with us we are probably one of the largest oning applications um yeah so so so we just launched gravity Alpha minina today so happy to talk more about both gravity and Galaxy let's let's jump right into G gravity um like I'm I'm very curious you know why did you guys choose to go from like you know th this uh this website and then actually deploy things on chain like what is the tech stack did you choose op stack arbitrum orbit or

something different you know why did you choose to AR architect uh gravity in the way that you did we built gravity basically to trying to solve Galaxy's own need U so so um Galaxy today I think we integrate with more than 35 different chains um and then and it's really a passle for users to explore different projects on Galaxy if you have done Quest on Galaxy you probably would know that you need to switch Network all the time Bridge gas tokens everywhere it's really not a good user experience when you're um um facing 35 Plus different chains so we essentially want to build Galaxy uh build gravity in order to help

Galaxy and some other application in the space to unboard more users into web 3 by solving chain abstraction um so so so I think chain fra mentation is a is a huge issue for Mass adoption and it's going to be impossible to onboard the next billion users while requiring them to learn about all these different chains leading to bridge asset and get gas tokens right so gravity is is a layer one that designed for Mass adoption and Omni chain future uh we just launched gravity Alpha mainnet it's not a layer one yet um it's the layer two which serves as a testing ground for chain extraction it also serves as this app chain for Galaxy itself um yeah so so super excited that

we launched uh gravity Alpha Mina today we already have 50 plus applications either deployed or ready to to deploy um we've already integrated most of the Galaxy ecosystem product Suites uh so so so we're expecting somewhere around 40 million transactions in the first month so making us probably one of the top five chains by user acud very cool and yeah you guys have had like tons of traction when it comes to like the social quests that I think uh a lot of projects you know when especially during the points program the points meta you know Galaxy was like really at the core of that um and now transitioning more into this app chain thesis you guys are gonna have an onchain home for a lot of

that activity so I think it makes a lot of sense um also you guys are fully evm and so I'm curious like why did you guys choose to go with the evm route you know when you see moov VM you see all of these next gen VMS even salana VM uh settling to ethereum in some cases why did you guys choose with uh stick with the evm yeah so I think we are still seeing most applications uh that are building with evm including ourself so most of the tech uh or the smart contracts that we build ourself for the points program for uh like uh nft campaigns for reward campaigns raffle Campa things we still

use evm as the base Hub and and and we ourselves still see most tractions from our users through the evm networks that we integrate which means we are working with most of the evm ecosystem Partners at least for now we are seeing a increase um in the move ecosystem and increase in the Solana ecosystem but still most activities coming from evm ecosystem so we want our partners to be able to seamlessly deploy and use gravity as their new Hub which is why I uh we we chose the evm um uh Tex stack and then then just to answer your

previous question as well uh so so so when we first started to build gravity we um Layer Two was the first option that came up Layer Two has very fast throughputs we don't need to do too much to worry about security because all assets are secured by the East validated on mainnet uh however because we are trying to solve for chain abstraction uh one of the biggest flaws for using layer to in the longer term is that it doesn't have a very fast finality um so so so because we need to uh solve cross chain communication uh gravity essentially need to become this intent settlement chain so if we are settling intent that require users to wait seven days in

order for it to to to settle on the main chain then it doesn't really make sense right right so so so we really want fast finality which is why we do want to go with layer one in the longer term and with fast finality is not enough we also need High throughput we also need a good security parameters to secure assets so so the Tex set that we essentially chose for gravity is that we integrates the fastest execution layer are e and we also use the uh uh consensus algorithm Joon um along with the evm execution environment so that we provide a very high throughput and near instant

finality for our users uh we also use uh reaking um protocol we work with reaking protocols like babyon and igon layer so that uh we can uh collabora secure the network with G token alongside with some of the other assets like e and Bitcoin as well amazing I mean since you mentioned it like tell tell us more about G token is this like this is going to be like the proof of stake token in the network it's also I think it going to be maybe a governance token an incentive token know could you could you explain a little bit more about the utility of G token yeah so G token um it's basically going to be this one token that serves two different ecosystems so one ecosystem is Gravity

the other ecosystem is Galaxy so for Gravity G token it's going to be the gas token it's going to be the proof of stake token that's securing the network uh it's also going to be the governance token for Galaxy other than being the governance token for Galaxy um protocol as well um it's also going to be the utility token so it's going to be the payment token that users need to use when they do payments on Galaxy websites projects also needs to stake uh G in order to open up space and launch quests uh we also have a g staking program on Galaxy as well so that's a lot of our partners uh will issue uh and they already did Issue some uh exclusive

rewards for our G token stakers so so for example Arbitron um um poly Hydra and Jambo right Jambo is the phone company that aird dropped free phones towards our G token stakers so yeah so so G token is going to be this utility token governance token native token for both gravity and Galaxy awesome awesome and like you know for for our audience I think they're very hungry to get their hands on some G token for anyone who you know is is listening to this now what is you know some what's a good way for them to get involved so that they can start to earn some G yeah so uh G token was actually migrated from gal G token that

was um launched on binance and Unis Swap coinbase and all these large centralized exchanges uh two years ago I think um G token right now is already available on basically all the major centralized exchanges as well as decentralized exchanges so you can find G token on coinbase um upit binance okx you name it and yeah on Central X exchanges I think the best liquidity is um uni Swap and yeah it it's it's very easy to get um some G token and you can also go to galaxy website to State G and you can then start to earn reward we have a lot of um exclusive air job coming up for G token stakers awesome awesome yeah that

that makes a lot of sense the staking uh on the website also purchasing it uh is going to be a great way to buy it through centralized or decentralized exchanges I think maybe to to rephrase my question a little bit is you know with with all of this new activity that's coming to gravity uh some of these applications that you mentioned are are coming to mainnet are is there maybe a grant program or an incentive campaign that some of these applications are running where you know they're they're incentivized Iz in some more activity on their application with G tokens is there any plans for that or uh is there is there any distribution or re re incentivization of the applications on the network yeah so we are currently not running any large scale incentive

plans um within Galaxy or within gravity with G token um so I guess the very shortterm goal for gravity is that we want to integrate all the Galaxy ecosystem products because we have the use cases we have the users we want to integrate all the existing um Galaxy products and bring on our existing user base to gravity and demonstrate and showcase Galaxy as one of this Omni chain application that's powered by gravity um so yeah so that's going to be the first step we've already done most of that and we are aiming to complete um all the migrations uh for the Galaxy

Suite of product Suite probably by end of this year and maybe going into next year we will be incentivizing more um with user activities with G token um and and and and right now we are we are even though we're not doing any incentive campaigns uh there are still a lot of partner that's already deployed on gravity so as I mentioned there are 50 plus projects that's already deploy or in the process of uh doing stuff on gravity uh so yeah so so so so so so feel free to check out all these amazing partners that work with us it's funny it's actually quite quite bullish that you know you get so much activity 25 million users without any added

incentives like you know you have all these applications they have to pay for the user activity because they need users a and and you know you guys are able to get users without the extra incentives a is another one right like a really didn't do very much token emissions or yield farming because they they had a great they were able to get users organically they didn't have to distribute any extra incentives so I think I think that makes a lot of sense uh staying patient and so so kind of zooming back out uh thanks for answering all the token questions I think I think that's probably it for now um let's talk a little bit more about uh the chain abstraction nature of of gravity you mentioned you know galaxyy

is going to be one of the first Omni chain applications on gravity I I'm curious about your plan to integrate with the rest of the layer twos that are that are on the net the you know in the space now you know what is and you mentioned intent Centric uh solutions for the chain what is your what is your vision for integrating the rest of the layer twos you know with Bridges do you guys have a an interoperability partner that you're using for uh transactions on gravity um and then also for you know any bridging or interoperability Partners to to reach other layer tws and other networks um and bring liquidity and users to gravity yeah so we're not doing

everything ourself so we are working with um some of these other bridging and communication Crossing communication protocols in order to send messages between chains Bridge asset between chains so we're working with multiple um protocols including layer zero seller uh we are basically uh building this intent protocol ourself and which is a stand standard uh for for for how to Comm or uh how to settle intent across different chains but how they transfer the message and how they transfer the assets we rely on our partners and essentially we want gravity to become the central hop to settle all

the intent so that user doesn't need to interact directly with all these different chains U like they need to do on Galaxy today um they have have to switch Network and do all of that we don't want that we don't sometimes we don't even want them to know gravity exist we just want to provide a user experience to a level that they want to buy an asset they don't need to worry about which asset that chain is on and how to get asset on that chain through getting tokens or finding like a dexs on that chain they just Express the intent of I want to buy this asset and we help them to fulfill that intent through the infrastructure that powers

all these cross intent through through gravity awesome yeah and you guys mentioned like to to operate at such a high level of throughput and low latency um you guys mentioned you're you're using evm but it's it's the rust based eth evm it's w and then you guys are also using a consensus network uh which I believe is based on Aptos um and then this is this is generating very low latency uh transactions uh for very fast finality I I want to double click on on that on the third part which is the igen layer reaking part of the network I'm curious like you know how is that going to work in practice with igen layer uh

they don't have slashing live yet so you know H how does uh like can people stake on igen layer right now with with eth and G um and and if they do H you know could they get slashed what are what should people keep in mind when they're thinking about staking to the network right so uh all all of these are not live yet so for the layer one it's not live yet so for the alpha mainx um um it's it's still a layer to which is like a testing ground for all the intent protocols but but but it's it's more centralized in a way so that uh we still need people to trust us for solving intent and once we go live for the layer one next year uh all of these uh would be more decentralized so to answer your

question um when we we are still working with Babylon and I ler to figure out all the details around reaking but uh essentially uh users will be able to stake uh on igon layer and also on Babylon with their designated assets and they can choose to use those asset to secure um the consensus algorithm on gravity chain as well so so so we're working with both projects actually in developing some of these Tech um yeah so it's still in the process and I don't have too much detail yet but but but we will probably have some finalized uh product and a T Test net for our layer one ready uh next year q1 or Q2 very

cool awesome and um you you also mentioned like there there is a very uh intense Centric Vision that you have for gravity um and with intents you know the the you know counterpart to intense is going to be the solver side of that intent network uh are you integrating with other solvers and other solver networks or you uh you know a common thing for uh some of these intent networks is to run their own solver uh what does the solver landscape look like on on gravity now um and and maybe can people get involved in that as well are they able to run their own solvers uh generally like what what does solving look like on gravity right so at the current stage we're still going to be

the main player to be the solver um it's still a mostly centralized um way but but but we want to make it a production level testing ground so that we can be the solver and test out everything ourself um but uh in the future probably I think um next quarter uh we will open up to all other solvers out there and and it doesn't have to be um like Enterprise level solvers right we also welcome from all users because there will be a incentive me incentive mechanism for uh everyone to participate in solving intents on the network and get some reward out of it perfect okay that makes a lot of sense um I guess

like my next question is like where where do we go from here you know uh today Galaxy launched uh you know Gravity the alpha main net uh I'm curious you know what comes after Alpha main net uh what are like the next Stepping Stones on the road map for you guys to become like a fully fledged and achieve your ultimate your ultimate vision for Galaxy everle is pioneering the clearing layer the clearing layer can almost be thought of as splitwise when you go on a trip with friends but for the blockchain what I mean by that is when users are sending cross chain messages there's often times fillers and solvers who have balances left on different chains that they need to rebalance and reset their positions this

is where Everclear comes in everle is pioneering a collaborative approach to the chain abstraction future and they are willing to work with interoperability Partners solvers and other providers in the space to build a interoperable and chain abstraction future check out Everclear ever clear.org and welcome back to the up coent is solving the longterm data availability problem where a lot of the data availability providers today in the modu space when you post data to them they actually only hold that data for about 12 to 16 days and then it's basically they can go into archive note or often times it's just kind of put away into the abyss and what coaling

trying to do is build this long-term data availability solution which can plenty into some of these modular data availability providers and provide this longer term Perpetual data solution so what we try to think of this as is when you post transaction data onto Celestial or Veil or any of these mod da Solutions or even ethereum coala is able to provide a long-term data storage and data availability platform for that data after the time period blockchains are Billboards not databases and you know we need these providers in the space to be able to kind of hold on to the long-term data that is provided from these providers and these blockchain State this is where coent comes in they just

had a nice Rebrand check them out on Twitter as well as the website thank you for being here hope hope you enjoy the rest of the show yeah so I guess I guess for our Ro map it really comes into twofold so first uh we still uh is is is one of the largest application in the space and we are still going to improve on that uh right now still most of the platform is still center around cresting and we have Alva that I mentioned I can talk more about Alva Alva is a very interesting compilot that help users to do better research uh do better trading it basically uh the underlying is a LM model uh that compiles real time information across the web uh whether

it's onchain or offchain through Discord telegram Twitter onchain measures like smart money movement people are buying or selling tokens uh because it's it's it's the the information fragmentation in the space for trading and investing is is huge right so we want to have this LM chat box to help users to compile uh all these different information from different sources through different languages so that we can get rid of information silos for the users uh right now Alva comes into two different formats it it it comes like a chat box so that you can go on Galaxy chat with Alva what's trending today what are the hottest token uh

what's the social Trend what Ks are talking about uh whether it's bullish or bearish it also comes in a chrome plug-in version where you can go on to all these website like Twitter and it's going to be supporting other website like binance coin market cap in the future where when you're scrolling down on any website when you see a token or topic that interests you you can click on that and you get all the information about that project or topic so that's Alva we want to help them to do better research and trading and investing and we also have uh smart SA smart savings um is is another Pro product that helps users to better do yield earning across

different chains right now um if you tried y earning onchain you probably would know the overall us experience is pretty bad it's it's it's you have to interact with all these different chains and when you go on pendo or when you go Ona you have to learn about all these Concepts right so we essentially want to create a product that user doesn't need to worry about all these complex defi um uh transactions they don't need to worry about which chain that they they need to bridge down inward to get the yield uh they don't need to worry about rolling over their positions over time we create this decentralized uh sort of money market fund like product that users just need

to deposit through any chain of their choice through through any token of their choice and into this product and they can start to earn yield and we can can we also provide a better liquidity solution so that the users can spend their savings everywhere they can spend their savings through any chain of their choice in any token of their choice and this this all relies on this intent protocol this cross chain Omni chain capabilities that powers by gravity so I'm super excited about bringing Alva and smart savings into Galaxy uh platform so that we become this one hub for the users to do everything in web 3 and on the other on the front uh of

course is the gravity right so so so we mentioned about gravity already launching Alpha mainnet and the next step for Gravity the infrastructure level is we make it more decentralized we make it more higher performance uh with with the actual layer one maina launch along with its inent protocol got it I'm very curious about Alba because there's a lot of decentralized AI hype that's out there in the industry now and so I'm I'm curious to see this in practice basically what what I'm imagining is I can type uh you know swap some usdc or lend some usdc I can type

this into Alva and then that is like my intent and then from my perspective Alva is like the solver right if I say swap from you know tether to usdc it just it solves that and what is the connectivity that this AI has on chain like is it plugged into smart contracts uh like what is like after I submit my intent through something like Alva what happens on the back end to to fulfill my request right so uh there are two stages for Alva So currently Alva is mainly for read access so by read access meaning we are compiling information everywhere

helping users or traders to do better informed decisions around whether they need to buy or sell a token um and the second stage is what you mentioned is is Alva will be able to be able to serve users right access so right access meaning like I want to transfer a token I want to uh do some trading I want to buy some token or sell token I send a command to Alva and Alva helps me to executed so so read access the first stage is already live you can try that on ala. XYZ or on Galaxy on galaxy website and the second stage uh we we are still working on which is going to leverage the intent protocol so it's

basically uh will do the intent solving in two different stages so the first stage is converting your command into a intent that matches our uh format for the intent protocol so uh you can say I want to buy one Bitcoin and some other users can say I want to get one Bitcoin on binance and and and and Ln model basically translate that into a format that our intent protocol understands on gravity and then everything is the same um it's the it's it's the same for um you submitting an in and intent through lrm it's the same for other people

submitting intent through a DUI um DUI interface right so so so then the inter intent protocol helps solve the intent and solvers then come in to get the Bitcoin and send it to you got it Ah that's fascinating yeah I think there are some other projects that have kind of attempted to do this um but we haven't quite seen it in a way that is truly chain abstracted uh for like a very easy seamless experience for the end user um I I think this is really it is the the future of making transactions on chain uh because you could use Alva you know maybe you just use it on a regular just user interface right you just use Alva maybe you don't even know that you're interacting with blockchain

but meanwhile underneath Alva there's all these solvers that are interacting on chain to get you your assets uh in in you know the the best price the lowest latency um and that is all happening underneath Alva like on the you know underneath the level of abstraction uh on the blockchain level and users don't ever see that um right yeah very very cool um and then it's using gravity to kind of like settle the intense right right I mean I mean that's that's how it should work right so so when you watch a YouTube um when you watch a video on YouTube you don't need to worry about which CDM provider that's providing the

B with um so so I really think it doesn't really make sense for the users to get exposed to all these infr level blockchain transactions they don't need to worry about all these all these like gas transactions gas tokens different chains should be abstracted away in order to create a better user experience so yeah so so so hopefully gravity uh will become this chain that solves chain fragmentation that solves chain abstraction so that we can unboard the next SPID in users into the space awesome I think I think that's really really cool and a and a great road map for gravity and now I'm I'm curious because you know

Galaxy uh the platform that you know everyone kind of knows and loves and you know has I think everyone would be lying if they said they didn't do like you know a couple quests on Galaxy so you know now Galaxy's just kind of like one app you know on on gravity um and so you know how are you thinking about Galaxy now uh that you've kind of shifted your attention onto gravity are you know what's kind of the plan for Galaxy you are you you know teams still going to launch quests you know what is kind of like the road map for Galaxy now that does anything change now that it's on its own app chain or kind of like what happens to Galaxy now yeah so Galaxy is it's going to continue to grow on its

own so so so we're still going to focusing on Quest of course it's still one of the main gross drivers for the Galaxy platform we have more than um I think 5,000 Partners uh we had I think somewhere around 50 million transactions last month alone and and and and we are that number is steadily gr growing every single month and the road map for Galaxy is is just really to become this one Hub uh to help users to do everything because um to my understanding most use cases in the crypto space today lies into earning stuff whether it's about earning reward whether it's about

earning money through trading and investing whether it's about earning um yield through the assets that I already have so for Galaxy we're basically going to focus on earning for the users or exploring for the users um so so so it's going to be this one Central hub for you to do earning in the crypto space through all these different kinds of ways so yeah so so so for Galaxy we uh while we are still growing the questing platform while we are still helping at uh all of these large ecosystem projects launching points program we also want to help our users to earn better to explore better in the space through some of

these other features that we offer yeah and Al although you know it's a perfect way to for them to do that um you know one thing that I think uh like you know teams and people have maybe seen on Galaxies is uh and it's it's everywhere it's not just on Galaxy but this idea that you know uh of of sibles that are kind of like artificially inflating like their uh their rewards and their earnings relative to like a lot of the other people that are out there I'm curious because you know this is a net negative on the on the industry um for you know people they kind of like get less rewards projects end up rewarding people that don't have great intentions

I'm curious is is there any functionality for uh Cil protection on Galaxy so that teams can kind of use this uh and they can be assured that their users are uh like very organic and very real that's a very good question so uh first of all uh I I think uh we have to lay out a a concept that um we we can't prev attacks um 100% pre prev attacks uh it it it always C uh comes with u a cost so we can increase the cost of Cil attacks but but we can never prevent Cil attacks

completely so for uh Galaxy we provide a range of different tools for projects to do CLE prevention uh so for example we have a we have two different identity product one is Galaxy passport and one is Galaxy score so Galaxy passport basically let users to do unchain verifications um it's it's basically a kyc process however we leverages our identity protocol to store users users information uh which is encrypted by their private key so their information is never shared with anyone uh without their consent it's not even shared with us and once they pass the

verification they can prove that they are a human being because they pass the verification through a third party vendor so that's one method that we help uh projects to prevent Cil attacks once they turn it on user would be required to get a Galaxy password in order to participate campaigns and get points uh we already have almost 1 million verified users verified users for the uh Galaxy passport Network so it's probably one of the or it's probably the largest uh onchain Network U for verification users and the other product Galaxy score is a sort of this a credit score like product that uh calculates your

onchain reputation score uh through different metrics that we find so so it can be your onchain activities it can be how much asset you have it can be um how early you are in the ecosystem so basically we take all these onchain and offchain data and calculates the comprehensive score so it's it's it's less of a uh serious verification because you don't need to do kyc you don't need to do facial skin and stuff but it gives you a relatively uh a gouge on whether a user is likely to be a bot or not so so we provide these two

different uh products and metrics for projects to use in order to prevent simple attack of course we also provide other um other credential verific verification as well so so we we enable uh projects to turn on like gitcoin passport verification we enable them to turn out some some of these other identity protocols so basically we aggregate anything that a project may choose from in order to help them to do civil [Music] prevention cartey is your home for apps specific rollups at the Forefront of

developing new tools and platforms that enhance the capabilities of blockchain Technology cartey enables applications that are flexible and built to scale build on a full Linux environment and use traditional software libraries but in blockchain development go to cy. that's cy. to learn more about building your own app chain today yeah yeah and and once you have a combination of some of these different identity verification mechanisms you can almost be assured like either you know this is a real user or uh the syil is is uh it it costs so much that there is essentially at you know there's some

real organic user uh that's behind the scenes kind of pulling the strings for that uh in order in order to like pass the verification um and so I think I think that makes a ton of sense you know being in in in crypto web 3 is kind of like uh I have some mixed feelings about my data when it comes to my wallet you know it's like I don't want there to be like my the connection between my my onchain identity and my offchain identity but you know I can picture a world maybe it's months or years down the line and maybe gravity helps to enable this where I can sell my data rather than Facebook and Instagram you

know getting my data for free they showed me ad advertisements I don't get paid for my data but if my data is attached to my wallet you know then I can maybe earn something from that data um and maybe I still get advertisements but they're not just stealing my data you know maybe they have to buy it from me in order to get access from it they have to pay me in G tokens or eth or some some token right um and there's so I have mixed feelings like there's there's benefits to having that onchain identity with my data but you know there's obviously the Privacy elements too and people can make their own decisions right based on you know whatever their preference is yeah so this is essentially um I don't think many people knows about this but but but uh we we actually built this Identity or data

product in order to help solve the issues that you just mentioned so so for Galaxy Quest what we're essentially doing is is we're gathering information about the user whether it's onchain or whether it's about your social actions right and and and and we store these in our identity protocol and and some of these data are encrypted with your private key so that no one can access these data unless you give the consent to the third party um so we have a ZK power verification system where so for example the the passport product right uh you have this data stored within our Network and it's

it's encrypted no one can access it but when maybe you want to go to a Fiat onramp or off-ramp provider that's requiring to do kyc you don't need to do it again you can send them a ZK proof showing them that you are not on the sanction list that you are older than 18 years old and then they don't need to gather your information again they just get the proof verify that and they can serve you the applications uh uh uh of this gated access right so uh we are actually trying to solve the privacy issues onchain with this identity and ZK product so that it

protects users privacy yeah that's one of my favorite things about ZK is like I can prove that I'm above 18 but you don't need my birthday you know like right I can I can prove that I'm a citizen of a country but you don't need my social security number like there's all kinds of things that uh can be proven without actually giving away the information uh and and that's that's the power of ZK um very very cool so I I mean th this has been great I think we went you know very deep on both the the technology as well as kind of the high level Vision uh for Galaxy as well as gravity congrats on mainnet um thank you I think like my last question here is

like you know there's there's lots of apps that are launching um can you mention you know some of your favorite apps or maybe just not your favorite but like you know a few apps uh that our audience can go and and try on gravity well I guess there's one app uh uh this is actually the partner that we worked with um for the smart savings feature it's called Latch um it's it's not 100% deployed on gravity yet but but it's going to leverage gravity's um intend protocol and also cross chain capabilities in order to help users to do better yield earning in the space and yeah so I think over the past couple years we really seen a uh increase or or or were the space getting more

sophisticated in providing better relatively risk-free lowrisk delta neutral yield earning opportunities for users but but but but we still yet to see a good user interface enabling and aggregation of all these yield products so lch uh does exact that and lash also help users to have a liquidity uh solution so that you don't need to wait seven days or 14 days in order to get your asset back right right now if you wait seven or 14 days in order to get asset back wanting to buy a mecoin that mean point is probably already de so yeah so latch is is is super cool in terms of providing you the

capability of of uh aggregating yield across different chains having a good user experience having a good liquidity solution so yeah feel free to check latch out and Yeah defi is making a comeback it's awesome right right all right guys well everyone go check out latch uh should be a great way to go uh uh to earn some G uh check out gravity all of the applications uh Harry thanks so much for coming on uh and congrats on mainnet thank you Robbie it's got to be here awesome oh and everyone go follow Harry on on Twitter he's a penguin so uh we love the Penguins