TOPAZ Tuesday: Robin Hood Roundtable

So I've pulled up what if onto the speakers so we'll see them if they're there as well. So how's your week been Aaron? Great man. I've been working real hard. I got a pretty major update coming to Topaz, probably in the next 12 or so hours. Really? Is it the secret update? No, I can talk about it now. Okay, cool. Nice. Yeah. Maybe we'll talk about it a bit later in the space when there's a few more people here though. Yeah, sure. Noticing today we got some green candles. Few green candles going on. That's nice. I guess the whole the world is ending and AI is taking over the world and we're all going to die. It didn't happen. So that's good. That's crazy one. I was like, I don't know. So much doom and gloom around the news recently about we're all going to get taken over and it was in the I was watching the BBC yesterday and they're saying, so everyone needs to start stockpiling food for the upcoming apocalypse. Wow. Yeah, really strange. Couldn't get ahead around it because I don't know if it's the same kind of thing. I don't really watch the news. I couldn't tell you. It's a very, very good, very, very good choice. At this point, that checking with some prices, what we got, we got Bitcoin moving up the day, moving on up 0.7%. Reclaim the 80,000 mark. Will runs back in. We're all going to the moon. If they are up $2,300 still, I think it's been the run by $2,300 for quite some time, about five years now. B&B holding strong as always. B&B always such a nice calling to hold whatever conditions ridiculous. I think probably one of the strongest coins. And the Zcash. Zcash pumping again. OK, so Zcash back on the pump, 5% pump today. Looking good as well. If any of you have any interest in Zcash, you can find the Zcash auto pools on topaz are absolutely fantastic. They are really good. I love those all of pools. We have Crystal today as well. Crystal, how are you doing? Yo, I'm going OK. Richie and Erick, how's your doing? Glad to be on the space again. What's taking the shot? I just had to rush to my laptop because I joined. Nice. You can do the space is squeaky clear. Yeah. Yeah. The pump of BTC is talking by surprise. Hit by SL. Because I was actually selling. So I'm worried. It's got a yeah. Got an notification. My S.O. was hit. I'm like, what is going on? Maybe error is pushing the YouTube that is fine. That's what happened. So I'm actually Bitcoin heard. The iron was about pushing some updates and pumps began. Of course. Yeah. So it happens. And we also have what if all Robin Hood chain are here as well today? How are you doing? What is? Hey. So you guys can you hear me? Hey, how? Hey, yeah, yeah, I can hear you. Very loud and clear. How are you doing? Hey, my friend. Hey, we are just another day. Another day, the dollar. I have a look at the chart in about two weeks. So hold on. So grinding. A lot of work is being put into forming the right teams around each part of the, you know, it's kind of like a business now, right? It's has to be structured. So it has been structured legally and IP rights and all that kind of good stuff. So I'm really excited for everything. I'm a little tired. So don't mind me. If I seem like we could bear it and it like I sound better, I should bear it sure anyway. I'm not. I'm just exhausted. Thank you for having me all, guys. And yeah, I just wanted to say first or second. Thank you to Toe-Faz and thank you to Aaron and Richie, all you guys offer all the insane work you do at Toe-Faz. It's so seamless. It's so easy to use. I feel that people, especially with how they are definitely rotating towards not rotating. They are running to the privacy, you know, architecture of the internet where they can. Right now it's like what? Cracking the next and R and Z-Cash. And so when it comes to being having private transactions or just like, of course, I'd be funny and some people call it crime season or whatever. I call it, some people don't want to have their money be seen by a bunch of people from C words going and stuff. So you guys have an option for those people who want to, you know, at least have some sort of privacy when it comes to moving like their funds and also, you know, also unable to just instantly swap from coin on a different decks, sorry, different layer one. And not have to, you know, bridge first, which is such a spruly, right? And honestly, the auto, you know, the auto with testing, sorry, the auto, what's the call for liquidity that when you do auto? So as topad auto. You got it in one, man, don't worry. Yeah, it's called the 40-inch slipper or the backwards slipper, right? You say that, but, yeah, man, I just don't even know really what to say right now. And I was like, was I just kind of coming up here to like tell like our story, like share just like we, like, we'll get into it. And like, it's around table. It's around table. So we kind of chill and see where the conversation goes really. So I mean, if you're tired, don't worry. Just don't be grumpy, no grumpy. Oh, no grumpy. In fact, I'll be, I'll be, I'll be even friendlier. And yeah, what you're saying about like organizing your team and trying to get a more business focus, it's a good idea. Or you know, the long stretch, you know, six months from now, a year from now, you'll really appreciate the hard work that you're putting in right now to get everything organized because it just makes everything a lot easier in the long run. But in the short term, it does make it a lot, you know, time, time becomes the enemy in some ways, right? But if you put the work in a moment so that later on, everything is kind of on auto. Yeah, I've seen, I've seen our if liquidities been off to a pretty strong start, you know, the amount of TVL that we have relative to the main pool, you know, we're doing like really great volume numbers based on the TVL size. You know, I think we're doing, you know, over, you know, a couple of times a turn over a day on the, on the total TVL of the pool. So got to love seeing that. And I'm sure as more, more funds flowing to that pool will be the number one volume at some point. Absolutely. Yeah. Yeah, I'm really, I really like the what evolved all actually because one, it pays out a nice juicy APR today. The APR is 700% APR, which is very nice. It's good. Yeah, and it's like it's doing great volume and it is, it's like the token as well, the performance of the token is pretty good for all. Although it's, of course, what if it's like lower cap than, you know, your Ethereum or even like, you pawnstoken as well. But the, I think the token has been performing quite nicely. So I'm, I'm sitting in all with, with my if and really just enjoying, enjoying the earning that I'm getting from it, which is exactly, you know, why all it exists, easy mode, enjoy, hold the token, add liquidity, increase volume for the projects which, yeah, you, you hold with and everyone enjoys the rewards, right? So Iron, how about we start with them, start with your, what you were, were saying you were working on, we can start there and then we can branch out from there at the discussion. Yeah, sure, sounds good. So, you know, for a while I've been talking about the fact that, you know, we, I think we got liquidity providing in a pretty good place on the site, you know, with Topaz Auto, it was that been everywhere. I think that that's in a good place right now. So, you know, I had mentioned that I was working on the X Topaz side of things. So we got some pretty major updates coming related to not only X Topaz, but the entire governance section of our website. So this is all going to be live probably in the next 12 hours or so. And what we're doing is we're releasing relays for X Topaz on all, on our spoke chains. So that's going to start with Robinhood and Arc and then of course we can add them for base and Ethereum. I want to get those chains bootstrapped. So what the relays are going to do for us on Robinhood and Arc is it's going to give people a really easy to understand way to start earning with X Topaz to take some of that complexity a way to take away some of the, you know, the learning curve to start earning with X Topaz. So this will be something where it already is something it's, you know, working already, where you can just deposit X Topaz to start earning. It's going to have the same two options that you have on B and B chain. So there's going to be one that's optimized towards just building your X Topaz position as big as possible. So like an X Topaz Maxi, then there's going to be another one that aims to pay you out as much stable coin as possible. So that would be USDC on Arc or that would be USDG on Robinhood. So those relays are going to work the same as they work on B and B chain, but something else that is part of this relay update is like a lot of you will be familiar with Topaz flow. I told us flow for those that don't know. It's basically an easy to use layer on top of our USDT. Topaz relay on B and B chain. So basically makes it so that you can zap in with any asset. You can deposit straight Topaz, you can deposit the E Topaz. It gives you an option to compound if you want to or you can just claim out your rewards. It basically simplifies the whole process and just maintains it as a single position as opposed to having a ton of different positions if you were to be managing it yourself. Every time you went to deposit it would be a separate position. So Topaz flow makes that all a lot easier. So what I've done is I've actually built Topaz flow into our main app. So if you have a Topaz flow position you're going to see that right within the Topaz app. From now on when you interact with the Topaz USDT relay on B and B chain you're actually going to be going through Topaz flow. It's not going to be called Topaz flow on the site because we just want to simplify everything. But the advantages of that is that we can offer a zap in into relays though. So you can zap in to the USDT relay on B and B chain and it's going to automatically buy that Topaz, walk that Topaz up and deposit it to the relay. When we first came out with this it wasn't the greatest time because we had the bonus for locking Topaz at the time. So it didn't really make sense to zap in to our relay position because you could get more tokens just by buying it and getting the bonus when you locked it. And now that the bonus has been fully consumed a couple of weeks ago, now there's no downside to zap in in. So that's going to make it a lot easier to get into that relay, right in our UI. And the reason I brought that up is we've designed the new relays to have all that extra ease of use already built in. So you're going to have zap in in to the relays on Robinhood and the relays on Arc which of course is going to have to buy that X Topaz and then it deposits it to the relay and you can just start earning. So it's overall, you know, it's, we've really redesigned the relay page. You know, the whole governance section has completely changed. Just really aimed around ease of use, ease of understanding, you know, really showing the value of Topaz and just to kind of like, you know, to put some of that complexity so it doesn't get in, you know, doesn't interfere with somebody like participating in Topaz or X Topaz. You know, we're really highlighting the relays. We're putting a lot of focus and attention on the relays because ultimately, you know, I've got automation running that's going to have the relays vote on the very best paying options in the perfect proportions. So, you know, you couldn't vote better than that if you tried because it's going to, you know, calculate everything perfectly. So, you know, there's no reason not to use a relay for like a brand new user or for even an experienced user. So, you know, putting, you know, highlighting that, it's going to help us really drive a lot of action into Topaz and X Topaz, you know, because the thing is like our voting pays extremely high on Topaz relative to other Dex's, but our current site is not properly selling the opportunity. You know, it's kind of hidden, you know, you've got to go down a couple different menus to get to the vote page to see the APRs. You know, it's far too hidden. That's, you know, what's causing us to not get the demand and the buy pressure on Topaz that Topaz deserves. So yeah, I think these updates are going to be a game changer. I think the new relays that we got going are going to make it a lot easier to get in Dex Topaz. And just overall, every page of the governance section is updated to better, you know, achieve the achieved its goals and, you know, kind of just get more consistency and make it more intuitive so that people know how to find things. Yeah, I think I think everyone's going to really like it. Yes, this time is great. So if anyone's listening and you're not sure what a relay is, we had fantastic success with relays on VMV chain when we were just a single chain Dex.