Space Summary
The Twitter Space AMA with @EnsoFi_xyz & @MrBreadSmith: Peer-to-peer on SUI hosted by Ensofi_xyz. Discover the world of peer-to-peer interactions in the DeFi space with @EnsoFi_xyz and @MrBreadSmith during the AMA session focusing on SUI. Explore the benefits of customized fixed interest rates, borrowing, and lending activities across networks like Solana, Sui Network, and more. Gain insights into the importance of cross-network compatibility using platforms like Wormhole and Pyth Network for seamless DeFi transactions. Follow the evolving trends in DeFi models and collaborative innovations that drive decentralized finance forward.
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Space Statistics
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Questions
Q: How do fixed interest rates enhance peer-to-peer interactions on SUI?
A: Fixed rates provide clarity and stability, ensuring transparent and predictable outcomes for borrowers and lenders.
Q: Which networks are supported for borrowing and lending on SUI?
A: SUI facilitates activities across networks like Solana, Sui Network, Monad_xyz, and Movementlabsxyz for diversified DeFi operations.
Q: Why is cross-network compatibility crucial for DeFi platforms like SUI?
A: Interoperability across networks broadens user access and liquidity options, promoting a more robust DeFi ecosystem.
Q: What role do platforms like Wormhole and Pyth Network play in DeFi transactions?
A: Platforms like Wormhole and Pyth Network enable seamless and efficient cross-network transactions, streamlining DeFi activities.
Q: How does SUI contribute to the evolution of traditional finance models?
A: SUI's peer-to-peer capabilities and fixed interest rates introduce decentralized alternatives, transforming traditional lending practices.
Q: What are the collaborative insights shared by EnsoFi_xyz and MrBreadSmith in the AMA?
A: The collaboration showcases innovative trends, emphasizing the importance of tailored fixed interest rates in decentralized lending environments.
Q: What benefits do participants gain from using SUI for borrowing and lending activities?
A: Participants receive unique insights into utilizing fixed interest rates for enhanced borrowing and lending experiences, expanding their DeFi knowledge.
Q: How do fixed interest rates impact the transparency of transactions within the DeFi ecosystem?
A: Fixed rates ensure transparency and predictability, fostering trust and confidence among borrowers and lenders in peer-to-peer transactions.
Q: Why is the discussion focused on the practical applications of fixed interest rates within DeFi?
A: Understanding practical use cases helps participants grasp the real-world implications and advantages of utilizing fixed rates for DeFi interactions.
Q: What is emphasized regarding cross-network compatibility during the AMA session?
A: The importance of compatibility across diverse networks is highlighted as a key factor in enabling seamless borrowing and lending experiences in DeFi platforms like SUI.
Highlights
Time: 00:15:42
Introducing Customized Fixed Interest Rates on SUI Exploring the impact of tailored rates on peer-to-peer transactions and DeFi ecosystems.
Time: 00:25:19
Diversified Borrowing and Lending Across Networks Discussing the opportunities for cross-network activities on SUI, enhancing DeFi flexibility.
Time: 00:35:55
Efficient Transactions with Wormhole and Pyth Network Insights into utilizing efficient platforms for smooth transactions in decentralized finance operations.
Time: 00:45:32
Evolving DeFi Models Through Peer-to-Peer Interactions Examining the transformative role of peer-to-peer interactions and fixed rates in decentralized finance.
Time: 00:55:11
Collaborative Trends in DeFi Innovation Showcasing collaborative insights that drive innovation and trends in the DeFi and lending sectors.
Time: 01:05:48
User Insights on SUI's Borrowing and Lending Features Participants' perspectives on the advantages and experiences of using SUI for DeFi activities.
Time: 01:15:27
Transparency and Trust in DeFi Transactions Highlighting the role of fixed interest rates in enhancing transparency and trust among DeFi participants.
Time: 01:25:09
Real-World Applications of Fixed Rates in DeFi Exploring practical applications and benefits of utilizing fixed interest rates in peer-to-peer transactions.
Time: 01:35:44
Cross-Network Compatibility for Seamless DeFi Operations Emphasizing the significance of interoperability across networks for a connected DeFi environment.
Time: 01:45:20
Enabling Enhanced Borrowing and Lending Experiences in DeFi Insights on how SUI's features and fixed rates contribute to improved DeFi interactions for users.
Key Takeaways
- Customized fixed interest rates play a significant role in peer-to-peer interactions on SUI.
- The platform allows borrowing and lending activities on networks like Solana, Sui Network, and others.
- Utilization of platforms such as Wormhole and Pyth Network for seamless transactions is emphasized.
- Enabling borrowing and lending across multiple networks enhances user options and flexibility.
- Peer-to-peer interactions in DeFi platforms like SUI bring innovation to traditional finance models.
- Collaborations between EnsoFi_xyz and MrBreadSmith showcase the evolving trends in DeFi and decentralized lending.
- The discussion focuses on the practical applications of fixed interest rates within the DeFi ecosystem.
- Participants gain insights into the benefits of utilizing SUI for borrowing and lending activities.
- Exploring the potential advantages of utilizing fixed interest rates in peer-to-peer transactions.
- The importance of cross-network compatibility in DeFi protocols like SUI is highlighted during the AMA.
Behind the Mic
Introduction and Speaker Acknowledgment
Hi, guys. Hi, guys. Welcome to the very first Ama of an Sofi on Sui and I would like to introduce our speakers. Today we will have Dre, who is the co founder and CBO of an Sofi, and our honorable guest speaker, Brad Smith. Yeah. So I think we'll wait for another two minutes for our listeners to enjoy their space. Do you want me to play some music?
Final Checks and Speaker Introductions
Okay, so I think we should do some final mic check before DMA. So, firstly, I would like to. Yeah, Dre, please turn on your mic. And we are going to have a final match before the mA. I mean, you should, like, turn on your mic and say something. Yeah, I can hear you. Okay, so. Hey, Ashley. Yeah, I can hear you. Hey. Hey, you should, like, turn on your mic and say something. Yeah, I think there is an echo. Okay, so I think it's a bit of delay. Yeah. Okay, so I would like to introduce our honorable guest speaker, Brad Smith.
Starting the AMA
Hello. Hello. Am I audible? We can hear you. We can hear you. Yeah. So shall we start? Yes, I think we will start in a minute. Or should we start now? Okay, I think we can start now. Okay, so, GM Legends, welcome to the very first ama dependent so far in wrestling. First of all, I would like to invite our speakers to the stage to make a short introduction about themselves and what are you. What are they doing? So, firstly, Dre, can you tell us a little bit about what you are doing at amplify?
Dre's Introduction
Hi, Dre. Hi, Dre. I don't think we can hear you. I'm sorry, but I think there's a, like, an echo in your mic, and we cannot hear you. Real. Hey, can you guys hear me now? Yeah, I think it was better here. Okay, so please make a short introduction about yourself, your background, and what you are doing at and Sofi. Yeah, we would love to hear that. All right, so, my name is Trey. At the moment, I'm a founder and cpu at insulfi.
Background of Dre
So we've been building insulfi for the past ten months. And my background. So I studied finance, and I joined the space since 2021, and I restarted my career in blockchain space in end of 2022, when I joined Sooty in Vietnam. Like Solana community, where I dived into Solana ecosystem, participated in different hackathons to test the ideas, figure out what I got to do, and then until end of last year I started like and so far, yeah. With the reason. With the reason why we started at that point is that we want to build a cross chain solution because we see that there will be like lots of new layer one and layer two and blockchains coming out this year and.
Transition to Brad Smith
Yeah. Yeah that's the background. Thank you guys. Yeah, thank you. And next up I would like to invite to stage our speaker today, Mister Brad Smith. Congrats on your six K followers and Brad Smith is also one of the Sui Network ambassadors and the key influencers on Sui. Yeah. Please make a short introduction about yourself, your background and why you are here with sweat.
Brad Smith's Introduction
So I'm Mister Persmit and I have been linking crypto for past four years and I have been like full focused on making content about Sui like since May 2023 and I've been like kept on making content about Sui defi protocols that I interact with and since then like I'm a full time content creator and like I was like one of the first official sui investors and like I am like four like five I'm like investor of five more defi protocols on suite so I'm more like I'm fully focused on Defi and like spreading the word out to the huge audience of Sui community about defi protocols and how they work.
Next Steps and Topic Discussion
Thank you. Mister Brad Smith has been our early supporters from the very first day Zan Sofi launched its testnet on the and yeah sorry but I heard that like there maybe there's someone singing at your background so yeah so it is much it will be much better if you can move to like somewhere much like without the noises. Yeah. So I think we can move to the main part of the AMA today. So the first we would like to talk about the three current learning landscape as you may know the TVO of the landing protocols on soy are climbing higher and can you share about the like your assessment of the current soi landing landscape?
Challenges and Opportunities in Lending Landscape
What are the key challenges and opportunities from your point of view? So Mister Brett Smith I would like to hear from you first. So yes so I have been like in Sui and since the main net and like the whole attraction towards lending protocols and the TVL of lending protocols started in late 2023 when like Navi started to catch hype then scallop started to catch hype after that like Sweetland came in March and April in those zones into sweep network and they're like the TVL of Sue land like skyrocketed because obviously they have like a fan base, huge fan base, user base on Solana.
Insights on Sui Lending Protocols
So they bridge a lot of people from Solana and other networks to onto suite. And we have been seeing since midnight that there are a lot of incentives provided to the people who interact with Defi protocols. They are in Sui or other Lst tokens. So due to the insane APR they people used to get. So the like, attraction towards lending protocol on sue was relatively higher than any other, like l two chain or even like Ethereum. You don't get like 10%, 20% APR on USDC or other stables on ethereum also. So yeah, Sui was like outnumbering them.
Overview of Sweet Landing Landscape
Good to hear that. How about you, Dre? Can you share a little bit about your point of view regarding to the sweet landing landscape as well as your point view about the peer to peer landscape on Sui? For me, I fully agree with metaphor opinions and for me, like sui landscape and landscape is evolving rapidly and one of the most exciting for me is a recent development and the launch of Deepbook into the landing space. So it's like gonna create it features could be like a fast transaction deep liquidity and which is minimal slippage. So which is crucial for like decentralized dapps like Dexs and lending platform like Ansulfi Scarloff Navi to scale efficiently for the challenge. So it's going to be the infrastructure majority. So Sui is like relatively for me like new ecosystem compared to like Solana. So why we see significant innovation. Many projects are still like in early stage and this can sometimes lead to the lack of liquidity. But the opportunity here is a project like Deepwalk will continue to integrate with the ecosystem liquidity and then I think that the user adoption will follow that and yeah, so yeah, I'm so excited for the future of Defi with the deeper planche coming up.
Risks in Lending on Sui
Okay. And please be aware that if you guys have any comments on the others answer or you want to speak something, just turn on your mic and yeah, speak. So good to hear that we are having a like a bright future ahead for the lending space on Sui. So I wonder what measures are in place to mitigate the risks associated with lending on Sui, such as credit risks and liquidation risks? And with a frustrating protocol like answerfi, what could be the measures? I would like to hear the answer from Dreyfus. So right now for us, the way that we mitigate the risk is going to be through over collateralized. When you borrow, you have to put over collateralized and the health ratio system. So for example, if you want to borrow like $100, so you have to deposit collateral with value of like 150 is minimum. And so it will ensure that even in the market fluctuates. That's enough collateral to cover the loan and minimizing the liquidation risk. But however, in the future. So what we are exploring is collaborations with other partners who are working on chain credit scores.
Future Strategies for Lending
So this system analyzes on chain activity to assess their credit. So that's one in ecosystem they had been doing this and we are in talk with them. And so this could allow user to offer, like you can ask the user, you can borrow with under collateralized loan. And we aim to reduce our credit risks while expanding the type of loans we offer. So we in the future we would love to bring more options for users when it comes to lending. Yeah, yeah. So about Mister Brad Smith, what is your point of view about the Kirin measures to mitigate risks with landing on Sui for the Kubernetes native projects on Sui? And if there is a project like Ansurfi, like enter Sui with a cross-chain integration, what do you might, what do you think I might be the challenges? I think so, like the biggest challenge like you guys could have faced if you learned like six to seven months earlier would have been like integrate like bridge USDC because now we have like already native USDC on Sui.
Adoption of Native USDC
So a lot of people who were like getting like some, they were like feared in like putting a lot of TVL onto suite chain Washington. Their major concern was like Sui doesn't have a native stable coin on it right now. And now we have seen that in the two days back, native stablecoin USDC has already arrived on Sui. So like a lot of people since then have been like migrating on the sweep with their stable coins and putting their money into lending protocol. So that could have been waste. Like obviously that's off otherwise, like obviously, like Gray, like mentioned about like how the process will work. You have to like rattraise your asset, then you have to like borrow against like on I think so the ratio is 75%. You can borrow, right? Yeah, yeah. That's right. Yes. So you can borrow like 75% and there will be liquidations if you, if the collateral like depletes the value of your borrowed asset.
Future of Lending Protocols
So yeah, so like it's pretty much clear. But obviously like I'm so excited for the future of lending protocols right now because we have like native stable coin. Obviously we have like we could have like a lot of issues with the bridge, stable coins from other chain because of the liquidity issue, low liquid issues. I know we have gotten, we are getting debug on Monday also. So we have like a thick liquidity and low transaction cost and discounts on transaction costs. So a lot of like DeFi is a lot easier from this month that then it was from in the past. But so a lot of risk and concerns could have been already resolved. And obviously like. Right. Is that I think this is a good time to like introduce lending protocol which is which like completely have a different strategy than classical learning protocols.
Technical Breakdown and Community Reaction
Good to hear that. Okay, so talking about the recent deployment of native USDC on SUI, I think we can Covid like the most recent technical breakdown on SUI. So what's your reaction about the deployment of native USDC on SUI and what do you think the communities will react to that? And as far as I know, like answer voice under maintenance to really integrate native USDC on the suite mainnet version. So I would like to hear the answers from Dre. Oh, hey guys. Yeah, so, and so far right now we are in the maintenance to integrate the native USDC. So this one point like what we try to build insofar as a cross chain solution later on will be a cross chain defi hub, is that like we want to bring more users from other chains, for example to Sui. Because sometimes sui do provide great incentive and campaign incentive to users.
Cross-Chain Solutions and Innovations
So sometimes other chains, people on other chain, they don't want to sell the asset. For example on Solana, a lot of them, they are so Maxy don't want to sell the soul but they do want to put Sol as collateralized and then you go to Sui, borrow asset on Sui and then participate incentive campaign. I think that's one point that solution that we aim for. And regarding to your question about the recent technical development of Sui, I think it will be the consensus mechanism introduced by Mistin Lab. So which is setting a new benchmark for the speed in the blockchain. So it could be a game changer with high demand applications. Since the integration of native USDC and lots of big players will come when the launch of the debug as well, especially in defi and gaming sectors, rely on the fast and reliable transactions. Yeah, that's my point. Yeah, what I'm excited about.
Key Developments and Achievements
Okay, so next up, I would like to hear from Mister Brasmeet. So I would like to tell you the questions again because I think that the question is quite long and yeah, you may need some repetition. So what I'm asking is about what do you think is the most recent technical breakdown industry and what's your point view? And you know, about the reaction from the communities with that technical breakdown. Thank you. So like the biggest like achievement for us would be the messy city upgrade where we can like the success type was so much dropped. Like we can like execute transactions in real time. Less than 0.6 seconds. Zero, seven second. I myself has done a swap transaction in less than 0.6 seconds. So that's like the fastest transaction you can ever have in any blockchain. So like speed has gone so fast on suit right now.
User Experience and Enhanced Speed
Like it like gives a good vibe, a fast vibe to the users. So users don't have to wait like 20 seconds, 30 seconds on loading the screen, waiting for the assets to get swapped. So the transaction speed has gone a lot fast. And that like boost the, like encourage the users to use the, use Sui instead of other blockchain. Secondly, I will say like native USD before native USDC, a lot of people used to face issues in bridging, obviously wormhole integrated Sui chain before, but you have to like bridged USDCe or USDC sold from Solana or Ethereum and that, and the Solana USDC did not have a lot of liquidity on Sui itself. Ethereum did have, but obviously there were a lot of people who don't want to like bridge their like USDC Soul or obviously they have to like convert their token sent to the exchange, convert your token to suite, then send back to the wallet.
USDC Integration and User Onboarding
And now since USDC is there, obviously many exchanges, many centralized exchanges would be like integrating the direct deposit and withdraw of USDC in coming days, in coming weeks. Hope so. So with the like a broad, like broad, like we have no abroad picture here right now. So we have like we can onboard users much easier than before. And thirdly, I will mention like the best thing, one of the best thing to onboard new users was CK login. So you can like onboard anyone who doesn't even know about crypto by just using, by just asking him to use the login so they can create a wallet without have, without. They don't have to like memorize their seed phase and all that stuff. They just have to log in with your Gmail or twitch or Facebook. I don't think so. It is Facebook, right? Not Google or Twitch. And they can just like go to see your login page and they have a whole wallet here. They can operate, they can interact with the five protocols and everything. So like onboarding is much more easier right now.
Technical Advantages and Speed of Sui
That's one technical advantage, obviously. Second is speed is so fast then even a newbie who is coming right straight from web two to web three, he is like so much pleased by that. Like he's used, he, like the interface is so smooth and so fast that it acts like he's using web two, web two, without realizing that he's actually using web three. So the fast speed and easy onboarding has like made Sui very special. And obviously if you're like asking a defi guy like me, what's the recent biggest technical achievement? So it will be like having native USDC on chain. Yeah, absolutely. Like on the other day when they make a transaction, like swap and buy a token, like I, because I did in soluna ecosystem, I made a transaction also. Like it's fast for me already, but when it comes, when I do the transaction on Sui, it's much faster. So I've kind of amazed, like when I use a web two product and like for user on virtual space, I believe that when they use Sui, they will not see any much difference at all. Yeah, absolutely.
Recent Technical Developments in the SuI Ecosystem
Totally agree with you. And also as I mentioned, I want to add the recent technical development of SuI is a debug one. I think for me it's quite similar to Solana ecosystem to grow the device space. So in Solana they do have a meteor. It's like a liquidity infrastructure. Same with Deepbook. And after the launch of Meteora on Solana, there were like, at least until now, there are at least like five protocols on Solana with tv, more than 1 billion. So I believe that after the launch of DBU as well, the DeFi on SuI will involve and increase in the terms of TVL a much insignificant way. Yeah, I'm so excited. Bullish on that.
Key Products and Players in SuI Ecosystem
Okay, so one is talking about debug, one is talking about the other isn't. A technical breakdown on three. And I think both of the comments and your point of views are quite clear. And about the development and success of SuI ecosystem, what are the key products and players that do you think will lead that lead the development and success of the Sui ecosystem. I would like to ask Mister Brad Smith first. Yes. So I will divide like Sui ecosystem in two, like two big branches. One would be like Defi and one would be Gamefire. Why I am mentioning Gamefi here because we know like Sui is fast. Sui has a lot cheap transaction fees. So a lot of gamefi project would be like onboarding onto Sui for releasing their game for to, for doing like fastest on chain transactions. And game five would be big for like onboarding newbies from web two from like people who aren't much into crypto right now. And that's why like I'm like bullish on Gamefi side also.
DeFi Growth and Lending Protocols
But if we see like defi side so in defi side I do think so. Like lending protocols would be like the biggest ongoing branch inside Defi right now. There are right now and they will continue to grow. And obviously like someone said before, I think so it was free. Like a lot of people don't want to sell their coins but they do want to have some capital. They don't want to sell the ecosystem coins. For example, they don't want to sell the solana, they don't want to sell the BTC or Ethereum or SuI. But they do want to have some capital in hand to like trade, to trade freely, to trade meme coins. For example, right now there is a meme coin season right now going on in sweet. A lot of coins hit like 20 5100 million market cap. So a lot of people who were like Si Max is but they don't want to sell this Li. So they are going to look towards the lending protocols and they are depositing this Li, getting some USDC as borrow and they are gambling that. So that's the meta seasons, whether it's Gamefi coming, whether it's Memefi.
The Rise of Lending Protocols
So all those like seasons, all those metas people wheels will like use prefer using lending coins than selling their long term assets. So that's why I think so like in DeFi lending protocols in respect to TVL will keep on rising as we grows. All right, I have two questions for you. Have you ordered like sweet play always won yet? And do you trade meme coin? Just curious. Yeah. So yeah, I will answer that. So I have like ordered sweet play for whole of my family. I have order four or five. I think so. And because I am like, oh, I'm like full time after like full time content creation. I'm like doing playing games like four to five washington a day still now. So yeah, I have ordered a lot of c play for my whole family. So anyone, everyone can play. We can play together and yeah, I don't trade a lot of meme coins but obviously the meme coins that are, that have like that are coming into defi.
Engagement in Meme Coins and Defi
For example like fight was integrated in tapas. That was an option vault defi protocol. No liquor got listed there. So. And fight was also listed on Sweden. So the like meme coins that are enough big to be like have some relations with Defi podcast. Obviously I explore them and I do trade them often. Oh yeah. That's pretty cool to know that. Awesome. Yeah. I think I have to order myself like a sweet by a wisdom as well. Yeah. It seems like later on you will receive airdrop if you buy it as well.
Discussion on Key Players in Ecosystem Development
All right, cool. It's great to know. Yeah. Good to hear that. About the key players that you think will lead the development and success of the ecosystem and I think that I will order or play for myself also. So what about you, Dre? What do you think are the key products or players that you think like will lead the development and success of the SuI ecosystem besides the other existing projects? Oh, yeah. All right. So first, I think Definitely is a backbone of an ecosystem and secondly will be for SuI in coming periods. It could be like gaming side so that they plan to onboard new users.
Onboarding Users and Market Vision
I was in a discussion with Swift when I, when we, when I was in the build house in Singapore. What they say is that don't try, we don't try to attract users right now in the crypto space. If you compare network users now in crypto space to like normal virtual user it's just a tiny. So that vision of Switch foundation is that they want to onboard new users. For example, one example that they said is that do you know how many people that download app on Google Play every day? So it's like 1 billion users. 1 billion users. They go to Google Play to download the app every day. So that's a target number that Switch play should aim for. So I think Swift Play will be a strategy for them to onboard normal users into the SuI ecosystem. 1 billion people. That's huge.
Insights on Defi and Gamefi Projects
Good to hear that. So we all know that Defi and Gamefi will lead the development on SUI. So what about a project? Just have launched its mainnet on its very first version on Sui Minet a project about peer to peer learning and boringen which we call M so Phi. Yeah, sorry for being so long but we now will move to the next part of DNA about amsophyte, our vision and our mission. So as far as I know, and so I just launched the very first version on three minutes, but it is right now under maintenance for the native USDC deployment. So what can you provide about the alpha phase of Ansify on SUI and how the users can participate? What features will be available after the integration?
Vision and Features of Ansify
All right, so for instant. So we pipe the vision a little bit. We want to be a cross chain hub. Defi cross chain hub so that users can find the best opportunity and they can explore the new blockchain. And so at the point, for example, as Solana users, I think we all mentioned it. So like sometime if you see Sui, they do provide a great opportunity in terms like yield and meme system. You can trade meme and then you can lock the asset on the soon and go to Sui and chase a meme. And secondly, we're not only doing that but also like we will have some product lines coming up in next quarter, including all in one place. So after having the asset on Sui, after the crushing borrowing, you can find the new opportunity. Right on. And so far, so as a newcomer coming to Sui, you don't need to go to different Dapps to find which where is the best opportunity.
User Experience and Plans for Telegram Integration
What opportunity? So you just need to go to an so file to find that. So in terms of product, right now we launched Mainnet on Sui and the cross chain part will launch early, will be middle of November. So that you can then borrow cross chain between sonar and Sui. And the other features that we also excited about, which is Telegram app. So that like as a no user you can like land and borrow cost chain on a, on Telegram between Solon and Sui with a seamless experience. That's what I'm excited about. Yay. Good to hear that. So I would like to ask our guest speaker, what is your pov over answer five. What made you like supported from very early days of Ansify on Sui and which aspect do you think that Ansify may contribute to the Sui ecosystem? Thank you.
Anticipating Contributions from Ansify
So right now, like as we explained, like what is coming for Anzofi in the next coming weeks, coming months. So that's a good development. Like you are integrating like native USDC right in the start of their launch. And secondly, I will add on that, like bridging that gap between two big elements is a huge thing because APR on you already have, might have like a lot of audience from Solana itself and Solana audience when Solana audience will see an insane APR provided on SuI. They will obviously try to like Explore Sui. And if you are like bridging one, if one person is bridging like cross bridging from Solana to suite using Infofi, he is already getting like exposed to the whole SuI ecosystem from defi side.
Potential of Ansify in the Ecosystem
So that's like the biggest part. I would love to see like Anzo five could contribute more because there isn't any platform right now which could bridge directly the users from Solana to Sui. So that will be a huge part and I think so, like and so five can get a lot of TVL from Solana itself and like bring them over Sui in the coming days. So I would love to see you guys like outpassing other learning protocols by doing like introducing like more cost chain people features. I have also heard about like Dre mentioned about Telegram app and we have seen the like hype Telegram apps in past four to six months from cad, from ton, like the taunchain. A lot of games and wallets on ton chain were operating on Telegram.
The Shift Towards Telegram Applications
So Telegram apps is the matter right now. So caching in that matter also is like a good move from Enzofi and I would love to see like how that works out. Yeah. Thank you so much. Yeah, we also excited, we don't know the result yet but we also excited like about the part like we built on a Telegram app. So some articles I did research. So Telegram is going to be a great way, a great funnel to invite users to the app and we also looking for to have a product beside the landing so they can do swap so we can build on top hope flow weeks so that people can, people of telegram they can like trade do swapping first like trip do the trading on and so far and then when they interested about like trading on and so fine and they see other product lines including like lending or like you farming and.
Exploring Future Integrations with Telegram and Wallets
Yeah, yeah. I'm so excited as well. Yeah, I have a question. Like are you guys like integrating ZK login on your telegram bot? Not yet, but yeah, I would love to because in the builder house I can receive the token suite without actually having a wallet. Yeah, that's pretty amazing. Just with my email. Yeah, yeah. That's like, that's one of the miracles we have on suite. Like we give a card, people scan it and they already have a suite in the wallet. Yeah. Because I see cool. I will dig deeper into that, see how it goes. Yeah. But chain abstraction or like for us a telegram user, sometimes they don't even know what blockchain is. But, like, they just do, like, login through, like, email and start, like, trading with, like, $510 in the account, and then they start knowing about, like, purchasing and.
Concluding Remarks
Yeah, yeah, I think that's a good way. Thank you so much, bro. Yeah.
