[02:034.5 - 02:035.4] You could be looking at things
[02:035.4 - 02:037.6] that are days old and not know.
[02:037.6 - 02:038.5] I also agree with that.
[02:038.5 - 02:040.5] I don't like that there's no timestamp.
[02:043.0 - 02:045.9] Yeah, we actually removed that on purpose.
[02:045.9 - 02:047.5] I remember we talked about this before.
[02:047.5 - 02:051.2] Yeah, because it's meant to be different than the latest.
[02:051.2 - 02:052.7] It's meant to be,
[02:052.7 - 02:055.3] you're not looking at things based on time relevance.
[02:055.3 - 02:059.5] You're looking at things based on just content relevance.
[03:000.5 - 03:002.0] I get that.
[03:002.0 - 03:005.7] There's times where it's confusing though.
[03:005.7 - 03:007.2] There's like, you'll see like a post of like,
[03:007.2 - 03:011.5] let's say whether it's like a threadcast event
[03:011.5 - 03:015.5] or whether it's someone posting about like whatever event,
[03:016.7 - 03:019.5] online thing that's gonna be at a specific time or day,
[03:020.3 - 03:025.3] you know, unless the details are in that thread or post,
[03:026.7 - 03:030.5] then you're just like, when was this posted?
[03:030.5 - 03:031.5] Is this going on now?
[03:031.5 - 03:034.7] When is like, so, or like, if it's just like,
[03:034.7 - 03:035.9] oh, a threadcast kicking off,
[03:035.9 - 03:037.7] it's like, all right, awesome, when?
[03:039.9 - 03:040.7] Yeah.
[03:040.7 - 03:042.7] And you'll see like, it's three days old.
[03:042.7 - 03:045.2] So, I mean, obviously people should put those details
[03:045.2 - 03:046.6] in the thread as well.
[03:047.6 - 03:048.5] But yeah.
[03:048.5 - 03:050.7] Yeah, I mean, we could definitely add timestamps back.
[03:050.7 - 03:052.9] I think it'll be more relevant to have timestamps
[03:052.9 - 03:057.1] with the Rafiki implementation of the For You feed.
[03:058.3 - 04:001.7] But what we were trying to do was unlearn people's,
[04:001.7 - 04:004.8] you know, cause Hive has this thing where if it's like,
[04:004.8 - 04:006.6] you know, it started with the seven day window.
[04:006.6 - 04:008.1] Like if it's not in the seven day window,
[04:008.1 - 04:009.3] you don't care about it.
[04:009.3 - 04:010.8] Yeah, people want to track with it.
[04:010.8 - 04:011.9] Yeah, that makes sense.
[04:011.9 - 04:012.7] I mean, I get that.
[04:012.7 - 04:013.5] And now on threads,
[04:013.5 - 04:017.0] it feels like if it's not in the last like two hours,
[04:017.0 - 04:018.7] it's like irrelevant, you know?
[04:018.7 - 04:020.3] Yeah.
[04:020.3 - 04:022.7] So that's what we were trying to kind of unlearn people on.
[04:022.7 - 04:025.9] But I do think we'll just add timestamps back
[04:025.9 - 04:028.6] to the For You because the For You feed in general
[04:028.6 - 04:031.1] is just going to be so good, it shouldn't matter.
[04:033.1 - 04:033.9] So.
[04:034.9 - 04:039.9] I think your connection might be in and out a little bit.
[04:052.0 - 04:053.6] I can't tell if it's me or you.
[04:053.6 - 04:058.6] Okay, so it's not connected, like the on, like now it's better.
[05:005.7 - 05:008.2] I just think the internet maybe got a little slow.
[05:008.2 - 05:011.1] I don't know whose end it was, but now it seems fine.
[05:012.2 - 05:013.2] No doubt.
[05:013.2 - 05:014.1] I was able to hear you.
[05:014.1 - 05:014.9] You were just robotic.
[05:014.9 - 05:016.9] So I don't really know what you said.
[05:016.9 - 05:018.7] Oh, it was probably me then.
[05:018.7 - 05:020.1] Yeah, and the little message went away.
[05:020.1 - 05:021.9] It was probably me, which is hilarious too,
[05:021.9 - 05:026.5] because I just upgraded my internet bandwidth
[05:026.5 - 05:027.7] or whatever I get.
[05:027.7 - 05:031.4] And I swear it's been the same, if not slightly worse.
[05:033.0 - 05:035.7] So I'm going to have to call them up
[05:035.7 - 05:037.8] and waste my time complaining.
[05:039.3 - 05:040.8] So unless it's my equipment.
[05:040.8 - 05:041.9] I mean, now that I think about it,
[05:041.9 - 05:046.9] my modem is at this point, I mean, at least 12 years old.
[05:047.9 - 05:051.3] So I don't know if it's maybe maxed out or something
[05:051.3 - 05:052.1] in terms of-
[05:052.1 - 05:053.7] Yeah, it's time for a new modem.
[05:053.7 - 05:055.8] What it can produce, it probably is, honestly.
[05:055.8 - 05:057.6] And it's probably, and a new router,
[05:057.6 - 05:058.9] like both my modem and router
[05:058.9 - 06:000.8] are probably like 12 to 15 years old.
[06:002.2 - 06:005.2] So I'm going to have to spend a few minutes testing that
[06:005.2 - 06:008.0] to see if like, you know, maybe that's what's limiting me.
[06:011.8 - 06:014.4] Yeah, yeah, I would go for a new router.
[06:014.8 - 06:015.6] I think it's time.
[06:015.6 - 06:016.5] I don't want to deal with that.
[06:016.5 - 06:017.3] I think it's time.
[06:017.3 - 06:019.7] Thanks to your company, they may just send you one.
[06:019.7 - 06:021.3] Thanks to Research and Do.
[06:022.8 - 06:023.6] I know.
[06:023.6 - 06:024.9] Yeah.
[06:024.9 - 06:028.1] I probably, at this point, the router slash modem
[06:028.1 - 06:029.7] is probably just one thing now,
[06:029.7 - 06:031.5] instead of having two separate.
[06:031.5 - 06:032.6] Yeah, they are just one.
[06:032.6 - 06:034.2] Yeah, two separate devices.
[06:036.2 - 06:037.1] Oh, that's funny.
[06:037.1 - 06:039.0] Cat is far behind.
[06:039.0 - 06:040.9] Cat has not upgraded in a while.
[06:040.9 - 06:042.9] Cat basically just got a new router.
[06:043.0 - 06:043.8] He hasn't upgraded in a while.
[06:043.8 - 06:046.0] Cat basically moved into his place
[06:046.0 - 06:049.7] and took existing equipment and then never upgraded.
[06:049.7 - 06:051.6] I got to upgrade my laptop too.
[06:051.6 - 06:052.9] I planned on getting one a year ago
[06:052.9 - 06:054.9] and still rolling with the same one.
[06:056.5 - 06:057.7] Yeah.
[06:057.7 - 06:059.1] That's always a fun transition
[06:059.1 - 07:001.2] because it's like all the crypto stuff, right?
[07:001.2 - 07:002.7] It's like, we love wallets.
[07:007.8 - 07:009.0] Yep, back everything up.
[07:009.0 - 07:011.5] Keep those seed phrases safe.
[07:011.5 - 07:012.3] Oh yeah.
[07:013.9 - 07:014.8] All right.
[07:014.8 - 07:018.3] Well, I guess we got one more question about Rafiki
[07:018.3 - 07:021.0] and then let's move to LeoKit stuff.
[07:021.0 - 07:023.4] That's kind of the big thing going on right now.
[07:024.4 - 07:026.3] Tass said, what is the expected timeframe
[07:026.3 - 07:028.6] on the rollout of Rafiki 2.0 in the 4U feed?
[07:028.6 - 07:030.3] Are we looking in the next few weeks
[07:030.3 - 07:032.1] or by the end of first quarter?
[07:032.1 - 07:035.1] I'd say before the end of January,
[07:035.1 - 07:037.7] we will have Rafiki 2.0.
[07:037.7 - 07:040.7] So I'm pretty confident about that, possibly sooner.
[07:041.7 - 07:046.7] But that is, I think we'll have Rafiki 2.0
[07:046.8 - 07:048.0] before the end of January.
[07:048.0 - 07:051.1] So that's basically in the next four weeks.
[07:052.3 - 07:054.8] So in the next four weeks, we should have Rafiki 2.0
[07:054.8 - 07:056.3] and that will be, like I said,
[07:056.3 - 07:059.3] the big thing is the training data on all premium users.
[07:059.3 - 08:002.4] So it'll jump from, right now we have three,
[08:004.6 - 08:007.9] we have three accounts that are essentially trained
[08:008.5 - 08:011.7] for like live interaction on Rafiki.
[08:011.7 - 08:013.5] And then when the premium data is added,
[08:013.5 - 08:014.7] it'll be like a hundred.
[08:015.9 - 08:020.5] So yeah, that's gonna be a huge leap forward
[08:020.5 - 08:022.0] and it should be in the next couple of weeks.
[08:022.0 - 08:025.9] In terms of the 4U feed, should happen shortly after
[08:025.9 - 08:029.5] or with Rafiki 2.0, the initial launch.
[08:029.5 - 08:032.9] So we're probably looking at between four and six weeks
[08:032.9 - 08:035.5] for the 4U feed update.
[08:035.5 - 08:037.6] I would say roughly in that timeline.
[08:038.1 - 08:040.0] So we're pretty close on those things.
[08:040.9 - 08:043.7] You gotta keep in mind, this is like pretty massive
[08:043.7 - 08:046.7] in terms of like data throughput
[08:046.7 - 08:049.2] and just training in general.
[08:049.2 - 08:052.9] And then also it's a UI update and a backend update.
[08:052.9 - 08:056.6] So there's a lot that kind of goes into something like that,
[08:056.6 - 09:001.3] but it is gonna be like a zero to one moment
[09:002.7 - 09:005.6] in terms of how good Rafiki is at answering questions,
[09:005.6 - 09:006.9] especially like right now,
[09:006.9 - 09:009.0] none of you guys can ask Rafiki questions
[09:009.0 - 09:010.1] about your specific account.
[09:010.1 - 09:013.1] Like I can ask questions about my blog posts and threads
[09:013.1 - 09:014.5] and stuff because he's trained on them.
[09:014.5 - 09:017.9] But when 2.0 is live, you'll be able to say,
[09:017.9 - 09:021.0] when did I, what blog posts did I write three years ago
[09:021.0 - 09:024.5] on December 30th and Hell no.
[09:024.5 - 09:029.5] So there's gonna be a lot of features that get unlocked.
[09:029.7 - 09:032.1] And then after that, I've talked about this a few times,
[09:032.1 - 09:034.3] but after that, probably one of the biggest things
[09:034.3 - 09:039.1] is gonna be adding the Rafiki UI.
[09:039.1 - 09:042.2] So Rafiki is gonna have his own chatting interface
[09:042.2 - 09:045.2] and you'll need to be premium in order to access it.
[09:045.2 - 09:047.0] So if you're in Leo premium,
[09:047.0 - 09:050.2] a very similar like a chat GPT like interface,
[09:050.2 - 09:052.3] you'll be able to go to this new website
[09:052.3 - 09:055.8] specifically for Rafiki and you'll be able to use like
[09:055.8 - 09:059.3] as if it was chat GPT, but it's Rafiki.
[09:059.3 - 10:003.0] And you'll log in with your in Leo account
[10:003.0 - 10:004.9] and it'll ensure that you're premium.
[10:004.9 - 10:007.7] And then if you're premium, you'll get access to it.
[10:007.7 - 10:010.0] If you're not premium, we may do something
[10:010.0 - 10:013.8] where you can do like one question a day or something
[10:013.8 - 10:016.4] or one question a week, even just to like,
[10:016.4 - 10:019.0] if you wanted to ask a question or two
[10:019.0 - 10:021.1] and see how it works before deciding
[10:021.1 - 10:022.5] if it's worth going premium.
[10:023.4 - 10:025.7] I think it'll be cool to have like live demos
[10:025.7 - 10:026.9] for other Hive users.
[10:026.9 - 10:029.1] So like one thing we might do is,
[10:030.1 - 10:031.9] have some good sample conversations
[10:031.9 - 10:034.0] where maybe someone asks us,
[10:034.0 - 10:035.8] look at my history of blog posts
[10:035.8 - 10:038.5] and help me come up with three more blog posts ideas
[10:038.5 - 10:041.1] based on what I tend to write about.
[10:041.1 - 10:043.1] And examples like that,
[10:043.1 - 10:046.7] I think will convince a lot more existing Hive users
[10:046.7 - 10:050.9] to sign up for in Leo premium and get access to Rafiki.
[10:050.9 - 10:055.7] So, Rafiki is like, my voice just cracked so bad.
[10:055.7 - 11:000.1] Rafiki is like this one thing
[11:000.1 - 11:002.2] when we originally had the premium idea,
[11:004.9 - 11:008.4] Rafiki is like that leap forward that we always wanted
[11:008.4 - 11:010.7] in terms of like the use case for premium.
[11:010.7 - 11:014.9] So we're like right on the verge of getting to that place
[11:014.9 - 11:016.6] where I think premium becomes,
[11:017.7 - 11:019.0] I already think it's a no brainer,
[11:019.0 - 11:021.4] but with Rafiki, it becomes like,
[11:021.4 - 11:024.9] if you're not premium, you're just costing yourself money.
[11:024.9 - 11:026.9] And premium is just that good.
[11:027.2 - 11:030.7] You know, it's solved so many things
[11:031.7 - 11:036.1] and I'm excited to see it kind of evolve
[11:036.1 - 11:037.9] and you guys are now seeing it live, right?
[11:037.9 - 11:040.6] Like you're able to interact with Rafiki on threads
[11:040.6 - 11:041.7] and you're able to see, you know,
[11:041.7 - 11:043.5] when we make updates and tweaks,
[11:043.5 - 11:045.7] you know, how much better Rafiki becomes
[11:047.2 - 11:050.5] and literally every day, just constantly improving.
[11:052.0 - 11:053.8] So that improvement is not gonna stop.
[11:053.8 - 11:056.4] And like I said, with the 2.0, it's like a massive leap.
[11:056.5 - 11:058.3] So that's exciting.
[11:058.3 - 12:000.3] And then the standalone UI will be nice.
[12:000.3 - 12:002.5] The 4U feed will be nice.
[12:002.5 - 12:006.3] So that's, you know, that's the next step for Rafiki.
[12:006.3 - 12:007.2] And then after that,
[12:007.2 - 12:009.5] we're gonna add the Discord integration.
[12:009.5 - 12:013.1] So you'll be able to use Rafiki in the Inlio Discord
[12:013.1 - 12:015.0] or the Leo Discord.
[12:015.0 - 12:020.0] And then you'll also be able to get live help on Leo decks.
[12:020.7 - 12:023.1] So there's gonna be like a little chat icon
[12:023.1 - 12:024.1] in the bottom right.
[12:024.2 - 12:026.7] And just think of it like live support
[12:026.7 - 12:029.8] and Rafiki will be able to give you live tech support.
[12:029.8 - 12:031.7] And then if he can't solve your answer,
[12:031.7 - 12:033.5] then he'll ping the team
[12:033.5 - 12:034.9] and then basically like formulate
[12:034.9 - 12:037.7] like a tech support ticket for you
[12:037.7 - 12:039.2] where the team can then get involved
[12:039.2 - 12:040.8] and you can get human support.
[12:047.9 - 12:048.7] Nice.
[12:050.1 - 12:052.9] I'm pretty sure there's commands for all this stuff
[12:052.9 - 12:055.3] in regards to...
[12:055.3 - 12:058.8] Oh my God, a lot of people just put up threads
[12:058.8 - 12:059.8] and now I lost it.
[13:001.6 - 13:003.7] Daggerhead asked about Leo strategy
[13:003.7 - 13:008.7] and seeing how much Leo they have to purchase,
[13:010.7 - 13:013.3] I'm sorry, how much Hive they have to purchase Leo.
[13:014.2 - 13:016.4] And I guess it doesn't seem
[13:016.4 - 13:018.8] they've been buying as much lately,
[13:018.8 - 13:021.4] but isn't there like a command for like almost everything
[13:021.5 - 13:023.5] in regards to like Leo strategy?
[13:023.5 - 13:027.1] Yeah, everything can be commanded on threads.
[13:027.1 - 13:030.8] And then you also can go to the lstr.alerts account.
[13:032.0 - 13:033.7] So like here, I'm pulling this up.
[13:034.7 - 13:039.7] They're up to 4,037,548 Leo.
[13:041.5 - 13:042.6] So I don't know, I find it funny,
[13:042.6 - 13:045.7] like I get like people are pretty impatient
[13:045.7 - 13:046.6] because it's crypto,
[13:046.6 - 13:051.2] but I mean, they've bought over 4 million Leo, right?
[13:052.1 - 13:053.9] So what is that for?
[13:058.4 - 14:000.5] Oh, and that's actually an ad as well,
[14:000.5 - 14:002.6] how much Hive they're running.
[14:002.6 - 14:006.7] Well, that is 13.6% of the Leo supply.
[14:006.7 - 14:008.2] So in the last like few months,
[14:008.2 - 14:010.5] they've managed to pick up 13 and a half percent
[14:010.5 - 14:012.1] of the entire Leo supply.
[14:013.3 - 14:016.3] But, and they've posted about this,
[14:016.3 - 14:017.9] they don't only hold Hive.
[14:017.9 - 14:020.9] So yeah, like a lot of the pre-sales come in as Hive.
[14:021.5 - 14:024.5] But like, the newer pre-sales they do on base
[14:024.5 - 14:027.0] and Hive at the same time in a 50-50 split.
[14:027.0 - 14:029.5] So for example, like the TNVDA,
[14:029.5 - 14:031.2] the tokenized NVIDIA pre-sale,
[14:031.2 - 14:035.2] they collected half of it as USDC and half of it as Hive.
[14:035.2 - 14:038.1] Then they also convert the Hive out to USDC.
[14:038.1 - 14:040.2] And I know that they sit on the USDC
[14:042.2 - 14:043.5] in order to buy more Leo.
[14:044.5 - 14:047.5] So, I think when people try to estimate
[14:047.5 - 14:048.7] how much buying power they have,
[14:048.7 - 14:051.4] that actually can create too much front running.
[14:051.4 - 14:054.7] So I know that it's like purposefully obfuscated
[14:054.7 - 14:057.4] where they're like keeping the USDC,
[14:057.4 - 14:059.5] in different wallets and different accounts,
[14:059.5 - 15:001.8] and then they're just buying every single day.
[15:002.8 - 15:003.6] Yeah.
[15:003.6 - 15:006.1] So, and there's another element to it,
[15:006.1 - 15:008.1] which is tracking power downs.
[15:008.1 - 15:009.9] So I know that they posted this a few weeks ago,
[15:009.9 - 15:014.6] but they actually will track power downs and try to,
[15:014.6 - 15:016.4] because keep in mind,
[15:016.4 - 15:019.8] Leo strategy's goal is to buy as much Leo as possible.
[15:019.8 - 15:022.0] Simply like hammering the buy button
[15:022.0 - 15:025.3] and setting the price up is not a good strategy
[15:025.3 - 15:028.4] if your goal is to buy as much Leo as possible.
[15:028.4 - 15:029.7] Like the best strategy would actually be
[15:029.7 - 15:033.8] to let the Leo price fall and try to buy up the dips, right?
[15:034.8 - 15:038.5] And by essentially like holding buys
[15:038.5 - 15:040.9] and setting like bids on the order book,
[15:040.9 - 15:042.5] what they're doing is they're letting the market
[15:042.5 - 15:043.7] come to them.
[15:043.7 - 15:045.8] So they're saying like, rather than us,
[15:046.2 - 15:048.1] running up the price of Leo to a dollar,
[15:048.1 - 15:050.2] which I think they could do pretty easily,
[15:051.1 - 15:052.8] by just hammering the buy button,
[15:052.8 - 15:055.0] they're instead like placing bids
[15:055.0 - 15:058.5] and being very strategic about what the market's doing
[15:058.5 - 16:001.0] and trying to purchase at the best possible price.
[16:002.2 - 16:005.3] So, keep in mind, every Leo that gets bought
[16:005.3 - 16:007.5] by Leo strategy is locked permanently.
[16:007.5 - 16:009.5] So it never comes back to the market.
[16:009.5 - 16:012.1] So what I wanna see personally is like,
[16:012.1 - 16:014.7] I wanna see them maximize the amount of Leo
[16:014.7 - 16:016.4] they get per dollar spent.
[16:016.4 - 16:017.6] So I think that they're actually doing
[16:017.6 - 16:018.6] a really good job of that,
[16:018.6 - 16:021.9] which is basically not running up the price
[16:021.9 - 16:025.3] and instead allowing the price to kind of,
[16:025.3 - 16:028.1] basically trying to meet sellers, right?
[16:028.1 - 16:029.9] I think that's the best way of looking at it
[16:029.9 - 16:032.6] is like when they track a seller
[16:032.6 - 16:035.0] and they know that some Leo's about to get sold,
[16:035.0 - 16:038.2] they try to place good bids that can buy it
[16:038.2 - 16:040.8] at a cheap price so that they can have
[16:040.8 - 16:043.2] the best acquisition price possible.
[16:044.2 - 16:047.2] So that's really the key of Leo strategy
[16:047.2 - 16:049.6] is how do you buy as much Leo as possible
[16:049.6 - 16:051.6] at the cheapest price possible?
[16:051.6 - 16:055.0] Because that is the most accretive for LSTR holders.
[16:055.0 - 16:056.9] So at the end of the day, that's their entire mission
[16:056.9 - 16:059.5] is how much Leo can they acquire
[16:059.5 - 17:003.0] and increase the Leo per share for LSTR.
[17:006.9 - 17:008.9] Dagger's got all sorts of the questions today.
[17:008.9 - 17:010.5] I was actually, he said,
[17:010.5 - 17:013.4] his premium's expiring in a few days.
[17:013.4 - 17:018.2] Is there a way for me to update without it expiring first?
[17:020.4 - 17:022.9] I think his one year subscription is ending in a few days
[17:022.9 - 17:025.0] and he wants to re-up now
[17:025.0 - 17:027.5] instead of waiting for it to expire.
[17:027.5 - 17:029.3] Yeah, we haven't added that yet.
[17:029.3 - 17:031.2] So probably sometime-
[17:031.2 - 17:034.4] Set an alarm, Dagger, set an alarm.
[17:034.4 - 17:035.9] Yeah, set an alarm.
[17:035.9 - 17:037.9] It's because when you're on the blockchain,
[17:037.9 - 17:039.3] things are a little bit more difficult.
[17:039.3 - 17:044.3] So it is, you can't just have like
[17:045.3 - 17:046.6] automatic recurring payments
[17:046.6 - 17:048.2] that charge your credit card, right?
[17:048.2 - 17:051.3] So that's where things get a little bit more complex.
[17:051.3 - 17:053.9] But I do have some ideas on that front.
[17:053.9 - 17:055.3] So those are some things that I've kind of
[17:055.3 - 17:058.8] just put later in the roadmap, but we will get there.
[18:001.1 - 18:002.0] No doubt.
[18:002.0 - 18:004.3] I also recommend going for the yearly premium.
[18:004.3 - 18:005.3] I mean, if you're gonna,
[18:005.3 - 18:007.8] like if you know you're gonna be premium consistently,
[18:008.7 - 18:010.9] the yearly premium is like, what is it?
[18:010.9 - 18:012.7] Like 16 or 18% cheaper?
[18:012.7 - 18:014.1] I think it's 16% cheaper.
[18:014.1 - 18:015.6] Yeah, well, no, but yeah, he's talking about even that.
[18:015.6 - 18:017.9] When you go to re-up your year,
[18:017.9 - 18:019.7] you gotta make sure you do it and don't forget about it.
[18:019.7 - 18:021.2] A year passes by before you know it,
[18:021.2 - 18:022.1] all of a sudden you look up and you're like,
[18:022.1 - 18:023.7] wait, how am I not premium anymore?
[18:023.7 - 18:027.4] So right now it's called open your phone,
[18:027.4 - 18:032.0] go to calendar, put in a note that says re-up premium.
[18:033.5 - 18:034.6] I leverage my calendar.
[18:034.6 - 18:035.5] I'm so old school.
[18:035.5 - 18:037.8] I have like all my like Bitcoin yield pools.
[18:037.8 - 18:041.1] Like I have like once a month, I harvest.
[18:041.1 - 18:044.1] It's like harvest pool two, harvest pool.
[18:044.1 - 18:046.1] And it's like pops up my phone.
[18:046.1 - 18:047.3] Otherwise I'll forget.
[18:048.5 - 18:051.3] And that's only a month and that's something that's monthly.
[18:053.8 - 18:057.4] All right, so you have Leo kit to talk about
[18:057.4 - 18:059.3] because it's 2021, so.
[18:059.3 - 19:001.1] All right, yeah, let's talk about Leo kit
[19:001.1 - 19:001.9] and then jump out of here.
[19:001.9 - 19:004.6] So I shared, let me just grab it again,
[19:004.6 - 19:009.6] but I shared a thread with some screenshots
[19:011.2 - 19:014.1] of the Leo kit landing page.
[19:014.1 - 19:016.7] It's kind of exciting because the Leo ecosystem
[19:016.7 - 19:020.2] has not had a landing page pretty much since the beginning.
[19:020.2 - 19:022.1] It's because I feel like things evolve so quickly.
[19:022.1 - 19:023.9] You know, I didn't want to put up a landing page
[19:023.9 - 19:026.7] that becomes, you know, quickly irrelevant.
[19:026.7 - 19:029.6] But with Leo kit, actually having a landing page
[19:029.6 - 19:032.0] is very important because Leo kit is B2B.
[19:032.0 - 19:037.0] So the quick rundown of what Leo kit is,
[19:037.5 - 19:041.8] is it's a cross-chain swap API.
[19:041.8 - 19:044.8] So effectively it lets any application out there,
[19:044.8 - 19:047.9] you know, so any app wallet or interface
[19:047.9 - 19:050.9] can instantly add cross-chain swaps.
[19:050.9 - 19:054.8] And this is, you know, right now there's really only one
[19:054.8 - 19:056.9] on the market that actually has like,
[19:056.9 - 19:059.0] you know, a degree of adoption.
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[00:000.0 - 00:005.8] And it's called SwapKit. And there are some major pain points to SwapKit. And I spent a lot of time
[00:005.8 - 00:012.4] talking to people who used to work on SwapKit, who have integrated SwapKit, who wanted to integrate
[00:012.4 - 00:018.2] SwapKit but didn't. And there were a lot of pain points that weren't being addressed.
[00:018.2 - 00:023.4] So what we did when we decided to build LeoKit is we wanted to build something that is completely
[00:023.4 - 00:029.4] different. So we wanted to really change the way the market can integrate cross-chain swaps.
[00:029.4 - 00:034.7] And my goal with this is I believe in a cross-chain future. I believe that
[00:035.3 - 00:040.1] when you want to swap crypto or transfer crypto, it needs to be seamless. You need to be able to
[00:040.1 - 00:046.0] go from chain to chain and asset to asset with very little friction. And if you go to the core
[00:046.0 - 00:052.2] of what Leo's mission is, Leo's entire mission is to democratize financial knowledge and access.
[00:052.9 - 00:057.8] So Inlio is the knowledge part. We're all on Inlio and we talk about finance and it's
[00:058.7 - 01:005.5] democratizing the knowledge part of things. And I think LeoKit and LeoDex will democratize the
[01:005.5 - 01:013.7] finance, the access part of finance. So in order to democratize that, every application,
[01:013.7 - 01:017.9] every interface, every wallet needs to have cross-chain swaps. And they need to have it
[01:017.9 - 01:023.8] seamlessly with low fees and low friction in a way that's extremely easy to integrate.
[01:023.8 - 01:028.6] So that's exactly what LeoKit achieves. And you can click on the screenshots I shared in
[01:028.6 - 01:033.4] the threadcast if you want to follow along. But we're about to drop the landing page for LeoKit
[01:034.2 - 01:039.9] in addition to the dashboard. So on December 26th, I said we've got the biggest app we've ever
[01:039.9 - 01:049.0] launched. And that app is LeoKit. So what LeoKit achieves is making cross-chain swaps ubiquitous.
[01:049.0 - 01:054.7] And the landing page really describes all this, but I'm just going to scroll through and talk
[01:054.7 - 02:000.3] about it a little bit. And then probably next AMA, we'll do a live walkthrough of everything.
[02:002.0 - 02:006.9] But the landing page will go live this week. The dashboard is already live for the integrators.
[02:008.3 - 02:014.8] And like I said, LeoKit is a B2B product. So it's very much intended for apps, interfaces,
[02:014.8 - 02:019.4] and wallets. That's why for you guys, for the average user, it's not super relevant. That's
[02:019.4 - 02:025.2] what LeoDex is for. So when you want to trade cross-chain, you'll go to LeoDex. When an app,
[02:025.2 - 02:031.8] interface, or wallet wants to add cross-chain for their users, they'll go to LeoKit. And LeoDex
[02:031.8 - 02:037.9] actually just runs on LeoKit. So when you look at... And this is that screenshot I shared of
[02:037.9 - 02:044.8] the landing page. When you look at... It says like, see LeoKit quotes in action. It's actually
[02:044.8 - 02:052.6] pulling those quotes. It's showing LeoDex. So then the user can essentially... If someone's
[02:052.6 - 02:059.7] reading that and they're actually a user, not an app or interface or wallet, they'll actually be
[02:059.7 - 03:005.0] able to click and go to LeoDex and do a swap if they just want to do a swap. If you're an
[03:005.0 - 03:011.0] integrator, you keep scrolling and then you learn more about how LeoKit works. So there's a section
[03:011.0 - 03:016.5] that says, why LeoKit? And it says built for developers. So obviously, LeoKit is targeting
[03:016.5 - 03:024.1] developers of crypto who want to add cross-chain swaps. So it shows how easy it is to integrate
[03:024.1 - 03:031.4] LeoKit. It's literally like a three-step process to add swaps to any app, interface, or wallet.
[03:031.8 - 03:037.4] And it's a super simple API as opposed to things that are currently in the market,
[03:037.4 - 03:043.8] which are like SDKs, which require pretty significant development if you want to add
[03:043.8 - 03:050.0] them to any application. So LeoKit solves all that by being just a really simple API that
[03:050.0 - 03:056.6] someone can add. So I've actually been wanting to do this little experiment where I use a vibe
[03:056.6 - 04:003.8] coding website tool. So something like Repl.it or V0, for example. And I want to vibe code an
[04:003.8 - 04:009.9] entire swap UI and do a timer and see how long it takes me to build an entire Dex interface
[04:011.0 - 04:015.7] while using LeoKit to do the swaps. Because it is literally that easy.
[04:016.9 - 04:021.1] You guys listening right now, if you want to launch a cross-chain trading app, you'll be able
[04:021.1 - 04:031.0] to literally just go to LeoKit, generate an API key, and then literally integrate it zero to one,
[04:031.0 - 04:035.9] super easy. I think you could probably do it in a few hours or less and launch your own
[04:035.9 - 04:040.0] cross-chain Dex. And then it's all powered by LeoKit on the backend.
[04:040.0 - 04:046.3] So all this stuff is talked about on this page. And then it obviously has a form if people want
[04:046.3 - 04:052.2] to contact us and get involved and add it to their app. So we've got a couple apps that are
[04:052.2 - 04:059.9] working on integrating and doing some tests. So early in 2026, in January, we're going to see the
[04:059.9 - 05:005.4] first few apps go live with LeoKit integrated. And I think this is going to be really exciting
[05:005.4 - 05:011.5] for our ecosystem. In my opinion, it's going to be the number one driver of net economic inflows
[05:011.5 - 05:017.8] to the Leo token. So LeoKit is like this invisible layer that operates in the background
[05:018.5 - 05:023.2] for all these different applications and allows them to all have cross-chain swaps.
[05:023.2 - 05:031.9] So it's a pretty dramatic... When I say it's the biggest thing we've ever built,
[05:031.9 - 05:040.4] it is literally the biggest thing we've ever built. Many of the other similar things that
[05:040.4 - 05:047.3] are out there in the market are doing north of $100 million a month in swap volume. So LeoKit
[05:047.3 - 05:053.4] takes 10 basis points on every swap. And then the integrators on their dashboard, they can set
[05:053.4 - 05:058.5] whatever fee on top of that that they want to charge their users. So let's say an integrator
[05:058.5 - 06:004.3] like TrustWallet wants to integrate. Right now they're using SwapKit, but I think many of them
[06:004.8 - 06:011.4] are going to want to switch when they see how much better LeoKit is. But basically what they'd
[06:011.4 - 06:018.2] have is a 10 basis point fee is charged by LeoKit. And then on top of that, they can add, let's say
[06:018.2 - 06:023.4] 40 basis points that they want to charge their users. So the total fee for the user is 50 basis
[06:023.4 - 06:031.4] points on the cross-chain swap. And 10 goes to LeoKit and then 40 goes to TrustWallet.
[06:031.4 - 06:036.3] So they can set literally any fee they want. They can charge 2% if they want.
[06:037.1 - 06:043.0] They can literally just charge whatever they want. And it's instantly configurable
[06:043.0 - 06:046.2] in the dashboard. So if they charge something and they want to change it,
[06:046.2 - 06:050.9] they can change it. If they want to do a Christmas special where they charge zero fees,
[06:050.9 - 06:054.0] they can change it to zero fees. Obviously the 10 basis point fee for
[06:054.0 - 07:001.8] LeoKit still remains, but they can charge zero interface fees. And again, if LeoKit is able to
[07:001.8 - 07:008.0] get into this market and take market share and become the number one integration method for
[07:008.0 - 07:012.6] cross-chain swaps, which I think it has the capability of doing, we're going to see north
[07:012.6 - 07:020.0] of $100 million a month get swapped through LeoKit. So I'm extremely excited. I think this
[07:020.0 - 07:025.4] is going to be massive. So if you want to build something related to cross-chain swaps,
[07:025.4 - 07:031.0] or if you know someone that is, feel free to send them towards LeoKit and get involved.
[07:032.1 - 07:036.8] We're talking with some really big integrators right now. Some of them are already doing millions
[07:036.8 - 07:042.2] of dollars a month through other kits, but they want a better solution. They want something
[07:042.2 - 07:047.7] different. So they want something that has 24-7 support. They want something with lower fees.
[07:047.7 - 07:051.0] They want something that's more modular. They want something that's easier to integrate.
[07:052.1 - 07:058.2] They want something with more DEXs added. So LeoKit has 107 DEXs already integrated,
[07:058.2 - 08:005.1] and we're always adding more. I think it actually has the most asset support out of any of the kits
[08:005.1 - 08:012.6] and it's literally just went live. So we've got a long road ahead, but we've already made some
[08:012.6 - 08:017.8] very significant strides, in my opinion, when it comes to being in this marketplace.
[08:019.6 - 08:025.0] So yeah, look out for the landing page. I think by Friday, the landing page will be live.
[08:025.8 - 08:031.9] So sometime by Friday, you'll be able to go to the landing page. I'll share it everywhere, but
[08:033.4 - 08:037.8] you'll be able to go to the LeoKit landing page and see how everything works and how it's all
[08:037.8 - 08:047.0] broken down. And again, just keep in mind, it is developer-focused. So you're going to look at it
[08:047.0 - 08:051.8] and you're going to be like, well, how does this apply to the average user? It's not made to be
[08:051.8 - 08:057.5] targeting the average user. That's what LeoDEX is. So like LeoDEX is for retail. LeoKit is for
[08:057.5 - 09:005.2] businesses. So it is like a whole new product category for us. We've never actually built any
[09:005.2 - 09:010.6] SaaS products. So LeoKit is the first one. And if you actually go back a couple of years,
[09:011.5 - 09:015.8] I think it must have been like four or five years ago at this point, I talked about how many of the
[09:015.8 - 09:021.4] things that Leo builds could be great B2B SaaS products, because we build so many things for
[09:021.4 - 09:026.5] the Leo ecosystem that other businesses and apps and ecosystems want to integrate.
[09:027.8 - 09:032.6] But we've never actually packaged something up and sold it. So LeoKit is the first time we've
[09:032.6 - 09:037.1] done that. And if it works well, we'll consider doing it with some of the other stuff we build.
[09:038.3 - 09:045.0] But look at it this way. LeoDEX's backend took us six months to get to where it is today.
[09:045.8 - 09:051.2] And it is one of the most robust backends in the marketplace, probably the best one out there.
[09:052.0 - 09:058.6] Like I said, we've got like 20,000 plus assets, crypto tokens that are supported. We've got the
[09:058.6 - 10:005.8] RWAs from Leo Strategy. We've got 107 different DEXs. We've got ThorChain, Maya, Near Intense,
[10:005.8 - 10:013.6] ChainFlip, Relay, Rango, etc. And we're only just getting started. I mean, we haven't been doing
[10:013.6 - 10:019.2] this for a year. So we've wrapped this up into a B2B SaaS product. And now we're kind of in this
[10:019.2 - 10:025.0] different mode of like, how do we sell this to businesses and integrators and apps and wallets?
[10:025.9 - 10:033.3] And yeah, it's a really exciting time for us because that B2B side is one side. The other
[10:033.3 - 10:037.0] side is we've been building something, and I've been talking about it a little bit, but we're
[10:037.0 - 10:043.4] building a mobile wallet for LeoDEX. So instead of just building a LeoDEX trading mobile app,
[10:043.4 - 10:048.2] we're actually building a whole wallet. That wallet is going to be a multi-sig wallet,
[10:049.0 - 10:055.1] and it's powered by Leokit. So that wallet actually needs Leokit in order to be a thing.
[10:056.0 - 11:000.6] So right now, our entire team, we're focused on Leokit. Then we're going to roll that out. We're
[11:000.6 - 11:004.7] going to get integrators. And then we're going to roll out the mobile wallet app,
[11:005.3 - 11:009.9] which also is tapped into Leokit. So all of these things are very cohesive. We're in this
[11:009.9 - 11:016.2] great convergence of technology for everything related to Leo. So even Rafiki will be connected
[11:016.2 - 11:021.6] to Leokit, where you'll be able to chat with Rafiki and do a swap. So it's very exciting,
[11:021.6 - 11:030.6] and Leokit runs the entire backend. So yeah, it's going to be fun. It's going to be exciting.
[11:030.6 - 11:037.6] And like I said, it all drives towards the Leo token. So 100% of the Leokit... So I mentioned
[11:037.6 - 11:043.6] there's a 10 basis point fee on every single swap from integrators. 100% of that 10 basis points
[11:043.6 - 11:050.5] goes directly to the SLEO staking contract and is claimable. So it goes as USDC, just like
[11:050.5 - 11:057.0] Leodex swaps. And I think Leokit in the first two months of operation is going to far outpace
[11:057.6 - 12:002.9] what Leodex is already doing. So pretty exciting times. Mitch, I don't know if you have any
[12:002.9 - 12:006.2] thoughts on that. I know we're kind of getting to the end here, but I wanted to cover it.
[12:006.5 - 12:013.5] I mean, it's just another... That's the word I'm looking for. It's another tool,
[12:013.5 - 12:023.5] it's another avenue for not only Leo ecosystem growth, but potentially explosive growth. So
[12:024.2 - 12:030.3] I love it. And at the end of the day, it's just like, I'm a hodler. I'm sitting on my Leo stack
[12:030.3 - 12:042.6] and just riding the wave while this thing grows and until it grows even bigger. And
[12:043.8 - 12:048.4] I just like the fact that there's the opportunity, right? Constantly things are being developed,
[12:048.4 - 12:056.5] things are being implemented that are pro-growing the Leo ecosystem. So as long as that's going on,
[12:057.1 - 13:001.0] I'm not going anywhere. So I like it. I like it. I like it a lot.
[13:003.0 - 13:003.9] All right, Ali G.
[13:007.8 - 13:015.8] Cool. Yeah. I think it'll be a fascinating time to get... Once we get a few integrators,
[13:015.8 - 13:022.1] it'll be like dominoes. So... Yeah. 2026 is set up to be a really good year.
[13:022.1 - 13:029.3] So ideally the crypto market on a whole can behave and can get some positivity. Obviously,
[13:029.3 - 13:035.4] we're ending the year in a bit of a lull just on crypto in general. And that's not just
[13:036.3 - 13:044.0] talking about prices, just the overall vibe and environment is pretty just quiet right now. But
[13:044.6 - 13:051.1] there's a lot happening in just crypto in general for 2026 that leans positive,
[13:052.1 - 13:058.6] especially just with whether you want it or not, institutional money continuing
[13:059.5 - 14:005.0] to embrace crypto and come into crypto and use crypto and creating even their own protocols
[14:005.0 - 14:010.7] for stable coins and things like that. All that at the end of the day means more people touching
[14:010.7 - 14:016.9] crypto, which I think is still a net positive in this stage, whether some of those things are
[14:016.9 - 14:024.5] kind of welcomed in the crypto community or not from TradFi. I think we're still in the
[14:024.5 - 14:031.3] early enough stages where it's all still a net positive. Yeah. Yeah. I mean, the adoption curve
[14:031.3 - 14:036.6] of crypto is still just getting started. I mean, your average person still doesn't use crypto for
[14:036.6 - 14:042.7] much. Stable coins. I've been getting more and more deeply involved with stable coins and what's
[14:042.7 - 14:047.0] happening there, obviously also because of everything with Leo Dex and Leo Kit. But
[14:048.4 - 14:053.4] stable coins are starting to get mass adoption. I think in the next two to five years, we're
[14:053.4 - 14:058.9] going to see some massive adoption in terms of stable coins getting used for everyday things,
[15:000.0 - 15:005.0] like buying things and especially digital products, but then also in the physical world,
[15:005.0 - 15:009.5] which is obviously what Leo Merchants taps into, which we'll have to save for another episode. But
[15:009.5 - 15:014.9] that is also connected to Leo Kit. So merchants will be able to use Leo Kit to integrate
[15:014.9 - 15:022.6] stable coin payments. But yeah, the adoption curve of crypto is still just at the very early stages.
[15:024.1 - 15:027.8] Many of us have been in this industry for a few years now, so it doesn't feel like it,
[15:027.8 - 15:034.6] but we are still very early to many of these things. So I agree. Yeah, absolutely.
[15:035.0 - 15:043.7] So cool. Well, I hope everyone has a safe and happy new year and we'll see you guys in 2026.
[15:044.3 - 15:048.3] Yeah. Yeah. Happy New Year, Mitch. Happy New Year, everyone. Thanks for coming.
[15:048.3 - 15:057.0] Appreciate all of you guys. And we've had an interesting 2025. It's been very...
[15:058.4 - 16:000.3] It's been like a lot of trials.
[16:000.9 - 16:002.4] Transitional 2025.
[16:002.4 - 16:006.4] Very transitional. Yeah. That'd be a good word to describe.
[16:006.4 - 16:010.3] 100% the right word. But the beauty about that is it's hard to have growth during
[16:010.9 - 16:019.0] periods of transition, which there still has been growth. But 2025, from the outside looking in,
[16:019.0 - 16:025.5] it's just like it's been a very transitional period for Leo on a whole. And now that those
[16:026.2 - 16:032.2] transitions are pretty much kind of in the rear view, even for several months now,
[16:033.2 - 16:037.4] it just, like I said, creates that opportunity for real growth in 2026.
[16:038.2 - 16:044.3] And especially bringing on more and more features like Leo Kit and so on. So yeah.
[16:045.0 - 16:049.4] So hopefully we go from transition year to growth year.
[16:049.9 - 16:056.9] Yeah. I think 2026 is the year of growth for us. 2025 was the year of building all this stuff.
[16:056.9 - 17:001.9] And we've been very hardcore building all of it, all the technology. But now it's time to
[17:001.9 - 17:006.0] take it to the world and get some volume and growth in.
[17:007.2 - 17:014.7] Nice. Good stuff. All right. Well, we'll see you guys in 2026.
[17:014.7 - 17:017.9] Yep. See you in 2026. Peace out.
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