Mm

... or you create a bid.

This is the process that partially opened this exploit path, uh, essentially.

So think about it like a mail forwarding service and, you know, you give your mail forwarding service like a side door to your house so it can get in.

Somebody pretends to be that mail forwarding service, and they all of a sudden they have the keys to your house.

We see a similar thing happen with OpenSea, uh, bids, for example, 'cause OpenSea has...

This didn't happen to OpenSea, it only happened to Magic Eden because OpenSea uses Seaport for essentially their, their payments processing side.

But Simple Farmer said something, like, I wonder if it's possible to even program an on/off switch within the contract so that way when, to your point, if something sunsets, you know, the, they can just go into, you know, on the contract level and literally just send a command code off and turn it off.

GM.

Also very firm this morning.

Uh, you know, I think the, the biggest challenge with the whole process of options trading, especially for the current average on-chain user, is the digestibility and use of the platforms themselves, essentially the educative backdrop.

So I think there's two approaches.

Uh, essentially one is the gamified approach.

So this is something that Dutchie is actually working on right now, in that he wants to turn the stock broker's DeFi suite, and so that would include the options side as well, into a game experience.

So it's like, you know, uh, what you would do, for example, on the other side, would just lead to you actually executing on transactions that are really DeFi processes, right? So you'd be like planting a seed.

But any, any comments, any responses, any of that, um, or any- anything we haven't hit on yet as it relates to, to Stonk Brokers or options?

this whole caution conversation, market making, watch trading, et cetera.

Yeah, I'm working really closely with market makers now, and I was as well at the time at ApeCoin.

And when it comes to on-chain trading volume, especially if you go to Solana, the majority of that volume on a lot of those meme coins, especially the quote-unquote runners, is market-made.

It's not organic volume.

So this is not exclusive to Calchi.

This happens everywhere in the industry, both on centralized and decentralized exchanges.

Sometimes on centralized exchanges, the market makers have to keep up a certain amount of volume in order to remain listed on that exchange.

What else? Anything we didn't hit on that you'd like to share? Make sure everyone's aware of when it comes to interns.

Did that-

But, um, yeah.

[chuckles] Uh, no, look, the announcement yesterday is the biggest thing for stockbrokers since the launch of stockbrokers.

Uh, essentially, that deregulation, both from the SEC and, uh, CFTC side, is massive.

You know, it makes you feel a lot safer as a builder that you can deploy and build things without the fear of being hunted.

Uh, and especially, you know, them s- specifically giving very detailed explanations of like what is allowed and what is not allowed and what they're gonna go after and then what they're gonna have a hands-off approach for is super enlightening.

Like, it, it's empowering.

Uh, and only activated stock brokers are, are able to mint these interns, right? Like, tell-- what are, what are the rest of the details? What do we need to know? And, um, why should stock brokers and non-stock broker holders care?

I mean, I know you're maybe not the right person to ask because you're not necessarily bullish ARK or you're more seeing the power of distribution Robinhood chain and base, but can you strawman it? Why does USDC, which is multi-chain, why does it need its own blockchain? And I guess I can see it maybe for enterprise payments and and the payment rails but why do we need meme coins and nfts on a stable coins blockchain

so let's let's break them down to two categories you have distribution chains so those are those big players we talked about the ones that have a lever where they can get a token listed the binance smart chain the base and the robin and chain this other sector is what are called infrastructure chains uh and essentially layer zero was is building something similar too in that they need a blockchain another good example was um Oh, God, what was the name of the token? Moonbeam.

They're essentially trying to create a chain that is able to power whatever their infrastructure is specifically.

And that's fine.

That can be very useful for them.

It could bring down their overhead.

It could increase their ability to distribute their main product, which is USDC for Circle in this case.

I'll hand it right back to you.

Anything else we messed up when we were explaining or going through things there?

about is if you don't have allocations, your best entry is through the token.

Be patient and go look at the actual website so you can see what percentage the empty site fee is at for those tokens.

You want to make sure that you don't get hit with more slippage than you're comfortable with.

Of course, the starting market cap of the token is going to be $10K.

with a 99% anti-snipe fee.

So as that goes down, that does end up being, in my opinion, a pretty solid entry, not financial advice.

One of my special people.

And what's the latest in the world of stockbrokers, GMs?

Yeah, absolutely.

Just to have a fair transition from the last topic, the subject of 9-11 correlates directly with human-on-human violence, which is sprouted from usually some form of hate or corruption, manipulation, stuff like that.

I think there was close to 8,000 people lost to 9-11.

22,000 children in Palestine have been killed over the past year.

just children.

From 1990 to 1996, 100,000 Bosnian people were killed, as well as 5% of the population of my country.

The best way to do it is to give it as much expressive freedom as possible.

First of all, what are you actually calling it and how will it help the retail or quote unquote normies or even the crypto natives who haven't participated in liquidity pools yet?

Yeah, I mean, I think the whole process of LPing is so abstract to people.

I think the closest step down we have from that in the DeFi process is staking.

So I essentially built SmartLP to work like staking vaults, in that you can stake stock tokens, you'll be able to stake stockbroker, you can stake ponds, you can stake CashCat, Rapdeeth, and it's automatically deployed into these strategies.

based on if you're bullish or bearish.

So we have like a steady strategy, which is very conservative.

We have a balanced strategy, which is a little bit more aggressive.

the stock token that you you'd like to get exposure to, or that like to provide liquidity to and yeah, pretty straightforward, much more so than so single-sided steady and balanced explain them once again, like what, um, single-sided is versus biggest difference between single-sided and balanced.

moonbirds again you know i just saw spencer's been doing some has had some teases for a while and then um i don't know if they've given the official announcement but i saw uh the clips last night shout out the agents for for grabbing this this screen grab uh for anyone who's who was curious what simple farmer looks without that shirt on uh he just agent s thoughts on the moonberg collab confirmed last night it sounded like the counter to all stockbroker derivatives stonk burbs moon brokers uh he's quoting here says these these the special projects we're bringing in are the next caliber of teams four collabs confirmed with some of the most recognizable names in nfts uh all plugging into stomp workers infrastructure so we got me bits nightshades they've just launched or talked about normies with their ai agents good vibes club is is still redacted and then moonbirds what was revealed last night or what can what are you able to share regarding this moonbirds collaboration

Yeah.

And so, you know, when I talk about these partnerships, what's important to know is that they're going to be using Stockbroker's infrastructure.

So that means including some or all of the Anvil AMM, Smart Launch or Launchpad, essentially the up VDEX, of course, and then bringing in their high level marketing and NFT processes into those infrastructure layers.

i think that's going to make for like very interesting experiments these are extremely heavy hitters in the space they do well they do extremely well with extremely worse infrastructure so seeing how they'll do with this high level infrastructure i think is going to be fascinating i think it's going to be a magnificent event on the days that happen happens and the teams themselves are super down to create situations where this is not like a cash grab This is not a fundraise.

These are not like negative.

These are not net negative launches.

These

Yeah.

Gonna be really good to help us break through that noise.

And the way the interns are structured is that they're gonna be built so that the, the stonk broker and the intern holder really have to communicate.

Uh, they have to talk to each other because if the main stonk broker deactivates his broker, the intern becomes unemployed as well.

So this is encouraging relationship and communication between the two parties.

The third part is gonna be the special projects.

I think you're seeing, like, a lot of organic grassroots movements in Robinhood chain.

Mm-hmm.

Is that right? 10% of the price of the NFT? Is that what the swap fee is to go? I'm gonna hand it over to you and help me better explain what I've fumbled here this morning in terms of if I wanna pull out my 666,000 Stonk Broker tokens from the NFT, is that the fee 10% of the price of the NFT or what is the exact mechanics there?

Yeah, so there's a TWAP oracle and there's 10% of the price of the NFT.

And it's for that reason, because we want ARB to occur between the NFT and the token and the token and the NFT.

But the fees from that ARB need to be non-extractive.

Essentially, the fees have to flow to the brokers themselves.

So it's one of our staking sources.

Essentially, one of the things that are powering these rewards you're getting.

How does it make you feel?

And yes, there were some wallets that snipe, but they paid a huge tax, which led to six figures of fees for the protocol, right? Yeah.

That and, yeah, the tokens that end up generating a lot of snipe fees, they have a lot of liquidity.

So if you look at like Cardwall, Cardwall is supported by like 600k in ETH and stockbroker.

And it has like a, I think like a $2 million market cap, which is insane.

That's like a 33%.

liquidity and market cap ratio, but I just wanted to make myself available for any questions.

I think it's crazy that you can literally have the number one generating protocol on a chain and still be met with FUD, but I guess that's part of the struggle, you know, with the process, right? The crazy thing is we have like 2,500 people who have used the anti-snipe tool.

So that FUD at all costs is just going to keep people who really want to build innovative stuff far away.

So you just confirmed I was right, but then what is, or I was understanding it correctly, what will be different with the actual launchpad then?

Yeah, I mean, look, it's like in 300, the Spartans, they kind of hurdle people into this small cliffed area so they can handle all the volume coming in at once, right? Same thing here.

The safe launch was this early feature I wanted to drop because it's my first time deploying a launchpad.

I've done prediction markets, DEXs, all types of other protocols, but I've never done a launchpad.

So I wanted to see how it behaves early.

I wanted to see what people do.

And the way to nerf that early volume, I made the deployment fee really expensive.

I guess the question is, is the full launchpad, is that next on the docket for the stockbrokers native, for things that you'll be shipping, or there might be something between now and then?

Did you remember that conversation?

Yeah.

And I do, I do.

And it's, it's super important.

And the, the r- the time I noticed at first was when w- I was working, uh, for Ape Chain, and I noticed like the airdrops.

And so I was in charge of trying to find more airdrops for Bored Apes, and I'm like, "Okay, so what's the selling point?" Like, why would somebody give the Bored Ape Yacht Club additional airdrops over somebody else? Well, the number one selling point you can make is like these people will market your token.

But then most people, it's a hard conversation to have with airdrop people is, is like, people know that essentially you give the, those holders an airdrop, those holders will dump on them.

But yeah, what can you tell us about the anti-snipe curve and then anything else people that might wanna know about Card Wall?

Why up? Why did you go that direction? Talk to us a little bit about that.

Yeah, I mean, look, it's about continuing to build out infrastructure for everything that we're developing and making it make sense financially for the stockbrokers and for everybody.

Look, it's like nothing against Uniswap, but we don't have upside in pushing token launches through their decks.

We're not getting any piece of those swap fees.

It didn't make sense financially.

And Up came through with a good deal.

I reviewed their tech stack.

But have you thought about it from that perspective as well? Like, are you looking outside of the realm of CT as well or like working with Robinhood directly? Talk to me a little bit about that.

Is there anything that comes to mind that's like, hey, this is something like this is at the top of your wish list that you'd like to see, you know, a partner collection build out?

Yeah, I mean, look, there's a lot of infrastructure already.

I think we have like five or six special products already lined up that are filling gaps that are very much needed.

I would like to see more gaps that nobody's even thought of created and filled.

I just thought of something also, Frosty's, I think one of the things with the trait base is it eliminates one of the positive benefits of the deflationary tokenomics in that reward flow should be based on how many tokens you burn.

That is actually helping our flywheel a lot instead of based on traits.

Just my thought on that.

So yeah, how are you taking a different approach to quote unquote onboarding?

Is that accurate statement or are there other standards or other ways to do exactly this same thing or is that it basically is what the 6551 enables?

No, 6551 isn't part of Mansur, for example.

It's a token-bound account that enables just this NFT to carry assets and then they move with the asset.

It's just another piece of the puzzle of the building architecture, the options you have to build with.

The key is, Cap, is that the mint happens, right? And usually mints happen and a floor price of an NFT increases.

The floor price of that NFT increasing does not equate to the NFT becoming more liquid because it's an order book-based liquidity structure.

When you pair it with a token, you give it a liquidity pool-based liquidity structure.

Simple Farmer.

Man, I know it's early and time will tell, but it feels like, both Mac and Michael here off to just a smoking start.

Yeah, GM Cap, of course, you know, what's cool is that the trenches are making a move towards decentralized ownership of itself.

Decentralized finance shouldn't stop at the point where, you know, we have decentralized validators, we have decentralized exchanges.

I mean, what about the ownership of those products themselves? And so that's, you know, with stockbrokers, essentially, a move towards that.

And then with chainmancers, it's a move towards that.

So it begs the question, like, what if at the start of Solana, Pump Fund was collectively owned by those trenches? What if at the start of Solana, Jupiter is collectively owned by those trenches.

And, you know, what does that look like? And what if all of that happened through like a virtual type scaling model and all that value and technology was aggregated on top of one another and also then incentivized to work together? Because look, all the special projects that go through are linked by LP through the stock broker token.

Go ahead, Simple Farmer.

And therefore, it's enabling others to not just build on top of what you've built, but leverage the distribution that you've gained.

Yeah, I mean, look, people are front-running speculative interest, essentially, right? They believe that there's going to be a lot of speculative interest for something tied to stockbrokers early.

And that's great, of course, from my end.

What I'm responsible for is making sure that that speculative interest translates to value by providing them unique unicorn opportunities.

These things that have the chance at a very high ceiling.

Now, the execution of that... lands with the actual third party partner which which are these individuals doing the special projects i told mike i'd like to see him do a special project because i think he's a seasoned developer he has a lot of experience he's had huge successes and failures and so he's learned a lot and so i think he's ready for that i just like i think thought uncle mac was ready for that um and it's important that with these new moments when we bring them up we give them that high ceiling potential not only for stockbrokers but just for that process in general Because essentially, you know, we've seen other situations where people will see the first token come out and then they'll see, OK, this is just a derivative of that derivative of that derivative of that.

It's like that's not what we're doing.

man uh makes me think that somewhere this is like we threw out the word incubator earlier But it sounds to me like you're actually supporting with, working with those that are building your ecosystem, more than just distribution, as we might have alluded to earlier today.

So can you start to walk me through some of these other phases?

Yeah, so I think, you know, probably the best comparison to what we've seen with a similar scaling style has been what virtuals did on base successfully.

I thought that was really clever.

And the mechanics of having a lot of new launches come through that are paired with their base asset.

That's something we're going to do with stockbrokers.

We're very much going to be an incubator for new technologies that are launching.

So our stonk launcher, the launchpad itself is going to have bonding curve style launches, but it's not going to be the classic bondings curve that you've seen.

What's coming out today?

I think that is a great way to put it.

Yeah.

And th- so this is what I think is really important.

My favorite way of scaling development is actually the virtuals model, where the base pair of new good tokens coming out of the virtual ecosystem get paired with the virtual token, and that was sh- shown to have really, really positive effects.

That's something you're definitely gonna see with the stock brokers, 'cause we're gonna have, in addition to the regular bonding curve based tokens, where I think we'll have some interesting tokens for sure, 'cause there's good memes and we have smart people.

But we'll have a special project section, and that's where it's a special dedicated section that I'm specifically highlighting new inventions and new inventors in the space who want to launch their token and use the stock brokers as a distribution channel for getting the word out about their new product.

And those products, uh, to get into that special projects section, will exclusively have to be connected to the base pair of the stock brokers token.

So, uh, I'm gonna sh- hard pivot into Simple, anything else that we need to be aware of, like, today, right now, or, uh, in the, in the next day or two?

Why are you the, one of the top dogs in crypto right now? Talk to us.

Uh, I appreciate that compliment.

I don't think I'm super important.

I think, uh, you know, the technology that we're building on is important, and that's what I've been trying to do, honestly, experiment and iterate, iterate on chain and, you know, hopefully catch a few lightning-in-the-bottle moments.

This is probably the first major one.

We've had previous successes as well, and I say we often, but I'm a one-man team.

And I do have partners who are investors in Clutch, so they, they kind of invest and they like to, when I experiment and do well, obviously, 'cause that's, that works out for them too.

Good

Are you pleasantly surprised? Are your expectations exceeded thus far? You're like, nope, this is kind of what we were hoping for.

Yeah, I think it's within three days, it's nice that it's within such a short time period.

It usually takes a lot longer to, I think, develop and build a level of attention, but I think of my past work, good connections with good people.

I've also reached out to some really great international people.

I see Yami in the audience who's helped me with some Chinese language posts.

I've had Turkish language posts as well.

I think those are a really big deal and super helpful too.

Mm-hmm.

gm

Yeah, I think it's, you know, it's important to understand that Robinhood Chain has certain, I think, assets that no other chain really has, besides maybe based on an extension.

So Robinhood Chain has the superpower where they can flip a switch and their onboarding funnel to their chain becomes elite in that they can list the token essentially on their app.

which has upwards of 250 million users, I think 270 million users.

And so that moment is why tokens like a Cash Cat, for example, are doing so well because people are moving with the expectation that like, hey, Robinhood Chain is heavily invested in this and they're going to do something to make sure Ameem does well enough to help their chain take off.

And they have that power within their own thing.

And then they could acquire tokens and they could make that money back whatever they pay for those tokens off those trading fees.

But at the time, Pup Cup floor was up 63% to 0.052. Pixel Pups up 53% to 0.088. And Clutch Puppies up 90% to 641.8. And this was a quote tweet of the Clutch market says, stockbrokers, the stockbroker token and the stock exchange are coming to Robinhood Chain on July 17th to secure a guaranteed free mint uh spot burn pup cup eth or clutch puppy nfts on ape chain tell us what what so i've got the the infographic here that talks about the four quarters of one d5 powerhouse For those of the audience, the first time hearing stonk brokers, what is stonk brokers? And if they have a pup cup or a clutch puppies, why would they want to consider burning that to go get this free mint? And if they don't have one of those NFTs, is burning the mint or burning the NFT the only way to mint one of the stonk brokers? Or will there be a public sale as well? But first of all, what is stonk brokers?