Solana Trenches on $INJ - Community Call

Yeah, yeah, let's just get started. I think that's a better idea. Yeah, hey. GMGM, very excited to hear. Cool, yeah, let's start. Excited to go into a bunch of alpha and the latest integration with sunrise and the Salana ecosystem. So I think there's gonna be a really app space full of updates. That's why it was a little in-product too. The traction was immense across the two community. So I'll let Rocky and Oz take it away and be our gracious host. Amazing. So I'll pass it over to Oz. Just wanted to kind of give everyone a chance to do a quick intro. I know it's been a while since we've done a community call, especially here on X. We typically do these in our Discord channel, but we figured, hey, we want to include some guests. We want to include sort of the larger Salana trenches in here. So Oz, without further ado, I'll let you take it away and start with intros and then jump into some of the good stuff. Or sure, thank you, Rocky. Yeah, I mean, as you said, Twitter is like the best place to have multiple communities right now that we have I and Ye on Salana. We figured that it would be better to have like the Salana community as well here. So yeah, without further ado, let's introduce Rashid or special guest. Hey guys, great to see you. You know, as everyone said, it was a tremendous launch. You know, I had a lot of fun sharing for this launch. Briefing sure about me. I need to throw at sunrise. Sunrise, you can think of as an asset gateway to all type of asset from just Salana. The blockwork seems loves to call this foreign asset. The asset that are not natively available on Salana. That is where our team focuses on asset like objective. You know, assets like we did not add to the on day one mega each to the on day one. We've been responsible for a lot of the growth on the stock side on Salana as well. So that's a bit about me and what I do. Nice. Thank you for the intro and yeah, we have Mirza. You can introduce yourself for the new listeners. Hey, hey everyone, this is Mirza. I am the COO. They're at objective up here for over six years. Most of you guys know me, but if someone you don't, hello. Yeah, this has been cooking behind the scenes for quite a while. I've been touched with the sunrise team for quite a while. So glad we got this over the finish line. But like Ratchet said, the only thing on my wildest expectations is the way the Salana community sort of embraced us. How many gaps we're integrated onto now. Everyone is just talking about us, right? Across Salana and injected in the wider cryptic universe. Injective has been trending nonstop. So yeah, and we're gonna keep that momentum going with a lot of tools, launches and also we have having a wrap. Yeah, I mean, do you touch the subjects I wanted to dig in, right? Like we have seen I and J training just today. Everyone, every dab on Salana has been into getting I and J. Thanks to sunrise, right? So yeah, I guess for the I and J holders and Salana users, what does this bring to the I and J token, right? Or the I and J injective ecosystem? And you don't like Ratchet answer, yeah. Yeah, so the way I think about it is the way we have been thinking about this is we want to position Salana as the main sort of training interface within the cryptic universe. So typically what happens is when a project as big as injective is looking to onward a new set of be it token holders, mind share, you know, more awareness, I would say you would typically think about it from a centralized exchange perspective like, hey, with centralized exchange is kind of a listen on. And for injective, you know, the type of category of project inductive is injective already has a lot of that. Now, when you think about on chain and where the world is moving and how we move from the sort of centralized exchange area to more decentralized exchanges, you know, we're seeing this more as a top-down trend with everything, be it purposes prediction market, it's only fair for, you know, an ecosystem as big as injective to think about how to cross collaborate with other ecosystems of similar pedigree. In this situation, Salana, you know, when I was talking to myself about this entire characterization, we talked about how the SNS stuff injected with Salana was big hit. Think of all of that stuff that in the injective ecosystem has done with Salana in the past. And this has a continuation of that where now the Salana community can trade and can be part of the injective story, the injective narrative, natively on their own chain and it benefits injective in a similar way that a centralized exchange listing would. Not only that in terms of what a centralized exchange listing brings to a project as big as injective, but think about all the other on chain stuff that we can do now. So obviously we listed it on Salana in every Salana trade in terminal via fans and backpack, OKX, Dex, Titan, Jupiter, like every Salana trade in terminal has now listed injective. And you can trade it within that terminal, but it also gives a lot of use cases to be by it. So, you know, the number one use case that we saw this week was the injective paired meme coin stuff that was going on in the Salana communities. And I saw a lot of the ninja enthusiasts sort of pop up there. So there's a lot that this enables. I'll just pause there because I know that was a mouthful. But yeah, that's sort of the TODR of this partnership and that it enables. No, I think that's really, really well explained. The only thing I would add on is like Rashid mentioned, we've been part of the Salana ecosystem for quite some time. We've done events with them. We were the first chain to host Salana name service crosschains. So like you could actually buy Salana domain names on injective. Also, we were one of the first to get integrated onto pit and wormhole or Salana ecosystem projects. So this is like a minute years in the making. The reason we decide to do it now is we both feel like injective isn't a great spot into its on chain meme culture and community. And we wanted to inject more momentum into that culture. And I personally believe Salana is the best when it comes to building culture for memes for for stonks for all of these stock paired memes as well. And we're seeing that we're as soon as we launched on Salana yesterday, there's probably been tens more than 10 easily memes created. More community members doing crosschains from Salana people coming to injective injective people going over the Salana to the stubborn new things about injective. And that's what it's all about. It's about this collaboration. And I really think this is just the first domino that's going to fall. Soon you're going to start to see the community members do way more experimentation. We're already integrated into a bunch of day one launch partners like radio, fan fund, stonk fund and a bunch more are in the works right now as we speak. So we're really excited to see those use cases come up as well. Yeah, I mean, you said at all basically and I totally agree with you like the Salana. I have been in the Salana community ecosystem like since 2019, 2020. And it's very similar to injective like Oz you ought to explain your background in Salana. I think a lot of community members don't know. I used to work for a project on Salana back then like OEEOE. I won't mention names. No, you should mention it. I think it'll be funny. Vets it. Okay, okay. Serum. Yes, I used to work at serum. Yeah, Oz used to lead the community at serum and he was rocked by FTI. So he's a survivor from the Salana trenches. Exactly. That's why he doesn't want to talk about it. Exactly, exactly. But yeah, from my experience, I can say that the communities are similar, full of regions. And yeah, I was very excited when I saw this partnership going on. And yeah, I bet the injective community as well. So yeah, I mean, we have seen these integrations already happening, right? From you, Peter, Stonks, like you said, and Moonshot, Formal. Okay, what else can we expect? Like, what are other use cases? Can we expect for ANG? Yeah, I think, you know, it depends on how creative we can get and how creative the community wants us to get. Like, the first step is always activate baseline liquidity for an asset, which, you know, we have done now with this collaboration, like even if you, you know, there's more than half a million to a million dollars with a liquidity. So anyone can size up all the slots easily right now within the injective token. Now, what happens when you cater to an ecosystem where there is the liquidity for people to get in and out, but there's also appetite for people to hold certain things, right? I think you expedite a lot of LP activations because once people start trading an asset, they get a lot of LP rewards in terms of providing liquidity to a pool. So is it just me or did he? No, I can't hear him. And you guys also do you hear my LP thing? Yeah. Okay. Yeah, so you basically, that's not the first thing that we're expecting. Like, we're expecting a lot of people to LP into the pools. We're expecting a lot of people to get you from those pools. Now, all what I want to emphasize on is that the Soana community is really, it's really user first in a way that we won't really push on anything until the community tells us that they want this. So you, and you noticed this behavior from a lot of the partners as well, right? Like, injective was just asset that a lot of the trading terminals were requesting based on the volume was doing on other venues. Like, all the trading terminals wanted to have it. So we spoke to the injectives even we made it happen. Now, if there are holders on salon for injective that want to, that want to borrow lens against injective, hey, we can activate theify activations there as well. What I'm seeing is a lot of the FedEx and a lot of the paired asset stuff going on right now. And, you know, in all fairness, crypto moves in cycles, theify moves in cycles. What is a trend today might not be a trend tomorrow, but what I can promise is based on whatever users want and what they want activated. Like, our teams will work together and get it there. Be it lending, borrowing or asset into a FedEx like Phoenix. Like, whatever the community wants and whatever the holders want is what we will focus on first and get activated first. So what comes next also to the community, the market will tell us and we will look at the promise I can make. Well said. Well said. So I think like that's more of a request to the community here. Like you guys should tell us what you're looking for. I think we're seeing a lot of experimentation with the paired meme stocks already, but Ratchet is right. Like, I think injective thrives in theify and was born from theify. So lend borrow markets using I and J's collateral to trade perps, creating new, not only memes, but being able to earn tokenized stock as you trade those memes. I think all of that, the world is your oyster when it comes to this. And the really cool aspect of this is we're bringing a lot of synergies together across the two ecosystem. So obviously, Salana is known for both tokenization and also its meme culture and the trenches. It's clearly known for its perps and its tokenization and also its degen ninja culture. So I think these communities coming together will lead to a lot more experimentation across the board. I'm excited to see even things that combine the different verticals, right? So imagine a tokenized asset and having a meme built on top of it, like tokenized goal and having a meme stock built on top of it where you earn tokenized gold. And for training that meme or holding that meme. So I'm excited to see that kind of experimentation that brings the two cultures and communities together. Yeah, and while interacting with the Injective team, Merza shared a lot about Injective Mint and I'm very excited about the institutional onboarding, uninjective in terms of the tokenization, the assets that the team is focusing on. I think if there is an opportunity where Salana community members want to trade those assets, maybe there's an opportunity there. Again, it just comes back to the market will tell us and I just want everyone to know that we are in a great place to execute whenever the market tells us to. Makes sense. Thank you so much, Rashid, for your time. Is that how you pronounce your name? I don't want to. Yeah, that's. Okay, okay. So nice. Yeah, I guess this is a question for Merza now that you know, I have been noticing this pattern from Injective, we have been integrating Leifi multiple ways to, you know, for the users to get into Injective or get out to other chains and come back. What was the logic behind this? I feel like this past month, this has been like a priority these days.