How aggregator will bring DeFi to the next 10Billion?

Transcript

hi everyone uh this is uh changing Chu from Peru Campbell thanks for having me here and then I know it's a bit like a lunch time in France so thank you for you know still attending the the talk so today I'm going to talk about how will aggregator bring the D5 to the next 10 billion or maybe we say 100 billion since uh D5 growing so fast so 10 billion is like a pocket money so maybe 100 billion will be uh the right number to speak and the fun fact is that this is my second year to attend the efcc the first year is

last year is the three and then when I uh every year when I attend the ECC um I think the whole industry is still like talking about what is defy or how can we what can we do or what what is how can divide help you know people so a lot of people or including us are still trying to figure it out and at that year um flash loan was just you know introduced by Ave so I remember during the last ECC the whole ECC is talking about like flash loan and then um yeah so uh it's real quick because uh just one year later uh and then after ECC we invented Peru Campo we launched

the product at the end of March uh early April um we have a four billion trading bundle right now so the D5 space really grows fast but if we have a bigger picture just don't just look at furukamba itself uh if we look at the defy space itself it's growing even crazier like last summer we call it D5 summer and we have a lot of farming we have a food coin and then until like this year we have some a lot of animal coins on you know doji or something else so everything began begins Last Summer and that summer like around June compound issue their token Camp account token and then they have an unchain

governance like the bringing the whole D5 into next stage and then other time I remember when we are talking about tvl it's still like uh 10 million 100 million and then when we cross I mean the whole Diva industry across the uh one billion everyone is like celebrating like crazy like oh finally uh we we will work on this for like two years and then finally goes to mainstream at the time we think 1 billion means mainstream but right now you can see from the graphic um we close to like 90 billion at a like maybe like April this year and then right now at

least we the market is not that good but still we have 60 billion tvl so one billion is compared to 60 billion 60 times bigger so the market it's really really crazy so I think I'm here to talk about okay uh from last year to this year we have a 60 times bigger what about next so today the agenda I'm going to tell you uh introduce you um give you a brief about like what is through combo and then why uh aggregator is important I'm not talking about just like full combo is important I'm talking about like aggregator because most of the uh D5 protocol right now or uh people pay attention to is mostly money

protocol and then yes of course money protocol is the foundation of the whole system but I think aggregator will be something big in the next maybe coming months or maybe coming years uh I'll explain why so I'll explain why is aggregatory important and then next is okay so buying now we have aggregated like this but what will be next Generation aggregator looks like and then maybe if we have time I'll give a key if everyone Alpha leak so let's introduce the uh through combo so fruit combo is born in the hackathon after the East CD3 last year so I remembered when I attend the last year I

went out in ECC um I text my team I I I I say hey uh I learned a lot in efcc and then I think we should have an internal hackathon so we can capture some you know new idea and then you know brainstorm some new stuff and then full combo comes out so um like for example ECC it's uh easy is pretty unique or meaningful to us and then thanks for the uh invite me to here and then to give everyone the update about last year we attended ECC and then while we did what we have done last year and then until this year so yeah HTC makes true and second is through cardboard is a platform built for so so

what is a platform built for the end users to to optimize their DFI strategy simply by drag and drop so that means if you are a Trader if you want to build trading strategy on D5 if you have for example you no longer need to learn how to code no no python no solidity no other coding language you just use film combo with your mouse and then drag and drop and then you can build your strategy and even at the time I think we are the first who can call flash loan last year call flash or without any coding skill like you just you smell use your mouse says Hey I want

flash loan maybe like uh one million die and then Here Comes Your flashlight before for combo you'll have to do a lot of coding I even attend the Ave Workshop to learn how to you know uh start my first flashlight on using the smart contract but after the whole afternoon I'm still like not very get you know how to how to make it I'm not a very good engineer so yeah through combo uh give people the power to no Co flash loan building your own strategy and Ferragamo launched last year and uh at the end of March early April until now we have more than 4 billion trading volume and uh a lot of users they are

coming to the through combo to build their own strategy and then execute the strategy like daily so we capture uh at least 10K different strategies on our platform by now by far and also uh a lot of user they when they come to build a strategy of course just like Chef you need some materials to cook right so we connected to 15 different protocols uh in the in the last year I mean like in the past year so if you go to full combo.app this website we have a menu to list every protocol that we support including like uni swap Ave Sushi swap compound curve and a lot more there's a very long list

and then what kind of function you can use um you know with this protocol you can use them like by a single Cube we call an action a cube so if you want to swap a token from each to die you can select the unisaw V2 swap token or we have V3 supported so you can select it but I think the main uh the core value of fluid combo is to assemble different cubes together and then execute those combo or other cubes in one transaction that's what we are famous for so a lot of Traders they are using our combo page to build their trading server this is a like a super easy one but I just you

know use this one to give everyone an example of how other people when they are doing trading D5 what what they use screw come before so yeah you can use a uni swap just want to die and then add the Ave deposit Cube to deposit your diet getting from the uni swap to get thing die in one chain section so this is through combo combo page you can build your own strategy but if you are lazy or you don't know what kind of strategy that you want to build or you just simply want to know what is popular in D5 space you can go to our explore page so our explore page collected and listed some popular trading strategy we we call trading strategy a combo

so I'll release this strategy on an artist so you can take a look at uh our rx4 page and even some of our combo we make a very nice UI for you so you don't have to you know see the whole detail of the training surgery maybe you just want to you know increase your ETA exposure or just manage your position so yeah this is through combo so we've been working on through combo uh this uh General aggregator for uh all a year maybe a year and a half and where it keeps thinking okay as an aggregator how will you know how can we uh push the the whole ecosystem or the

industry you know forward uh to become uh to go next level so how will aggregator bring D5 to the next 10 billion or maybe 100 billion before we talk about our answer or our thoughts I want to have a a core value so when Building Product adoption rate equals value minus friction so that means if you want to get a higher adoption rate you need to have a lower friction you need to remove any kind of friction when you are building products no matter it's a D5 product always there's like a like a mobile ad product and what kind of friction we we have right now in D5 maybe the concept is

hard to understand or maybe it's complicated you use because the interface is Bumpy or maybe the network itself or technology itself is really bumpy right when we are trading on D5 sometimes we have to deal with the the wallet the the trading fee is too high or a fortune section Reaper any kinds of uh you know stuff it's like we are like Adventure in a new world so yeah a lot of friction and also maybe not enough water support when I go to achin they support this kind of wallet when I go to beach and they support other kinds of wallet so I need to switch between different wallets or and I move my funds and then maybe a slow customer support when I have this

kind of uh question I want to ask customer support hey how can I solve this but some something they don't have a really good customer support so the people will Chomp right and then maybe regulation regularly something that we cannot we cannot control but regulation is it's actually a friction so if you remove this kind of friction in D5 space and then you will have more higher adoption rate so we are thinking that as an aggregator what can what kind of friction that we are removing uh what kind of value that we are providing to our users so the answer would be application there interoperability so this means that we believe everything connects together and

then and then have to connect it together and then when we want to transfer from A to B no matter is a person to B person or a computer to be computer um how easy to transfer things it matters and why we called it application their interoperability is because when we are talking about interoperability people usually think about okay polka dot Cosmos or any like question breach this kind of a network layer interoperability but today for example as an aggregator we are more like a role that communicate within different applications so we are positioned ourselves uh application layer interoperability so why is this

important I mean uh give you some example let's go back to web 0.0 and by definition I'm not sure uh is this the you know the very accurate uh definition of what 0.1 or 1.0 but I just give you an example so don't challenge about this please so what what 0.0 means we don't have web we don't have Internet what's that okay uh I'm not sure uh do you guys know this it's a it's a it's a desktop it's a computer and everyone is using laptop iPad but before laptop and iPad computer is like this so this is uh the computer when I was in a childhood so I can use the computer to do a lot of

things I can write an article I can draw a picture I can code again I can build a game by myself but let's take a printing a vaccine for example because we want to do something um okay I want to print a magazine so I start to write article on my computer but when I'm going to send it to my editor can I what can I do I can use the only floppy disk so I can I need to save the file on the floppy disk and then bring it to my editor in person and then after the editor edit or the whole article with the next picture nice layout and then the person will send it to the printing Factory and print it out so they have a physical magazine so it's

very slow but it works right so everything connect everything is need each other let's move on to web 1.0 so this is the age that we have Internet so at the very beginning it's uh like 56k dial up built-in or maybe like 28 so this is something like even earlier so when we have Internet uh what can internet do every internet basically connect every computer on the planet if you have the model um if you have the modem to connect to the internet and then you basically you can access the world so you can go to Yahoo Yahoo is the Proto it's the index page so you can go to Yahoo to check out

oh what's happening on the Internet or what can we do with internet I can send the email I can watch news or I can browse a lot of things you can you can see it from there as like stock quotes or you know they start growing and after the email we have instant messages like icqo right so with the oo or MSN is it MSN like somehow like this kind of high-end we can send the file send a message directly immediately to any of your friends around the club so if I have a friend in France and then I can send the file I just maybe a article I just you know write it and I can send it he will receive it like within a second so

everything connects together but if we have a better uh interoperability or you know connect connect everything in a in a proper way like with the internet the user experience will be better and then we can do a lot of things and the community will not be limited what 2.0 Web 2.0 is something it's it's now okay so uh we don't we don't we don't spend time here like web 12 is where we grew up or where we where we build things let's move on to web story panel so the 3.0 is D5 not so okay so D5 it's just an example it's a just part of the web 3.0 I believe that everything that will goes to blockchain uh will go like

uh like tokenize the value and then uh D5 and so in web 3.0 we just call it divide so in device space like there are a lot of good protocols like I have a compound maker uni swap um they are all Standalone okay I got any soft to swap token I go to Ave to borrow money or to to get interest there seems like a standalone stuff but actually they are uh uh connected to each other and then uh they need to be connected why I'm going to give you an example so I'm going to give you two examples so the first example is liquid mining so decoding mining is by far the most popular trading strategy or the event happening

in web 3.0 maybe we just call it D5 um uh I think most of you participate in somehow like a liquid mining before the equity mining started maybe like last year summer and then until now the degree money is still like growing so um yeah liquid money is a network effect to put strap a project by you know uh keeping people reward so let's say let's see how the coding mining happened on D5 so first if you want to participate in a liquid mining you need to go to UNI swap or any decks to swap token to get a token the project token and then you need to add equality to get a LP token so once you get a LP token you can go back to the Project's

website and then stake it so this is this sounds pretty simple pretty easy right you are wrong because you guys are like oh gee you guys are degens think about if you have a friend who wants to join the D5 and then says well what is decoded mining I want to you know earn some money from it or your mom is asking you this are you feeling headache yes you're feeling headache because it's you have a lot of things to teach what is the lp token what is wallet what kind of walking you can you can use should I go to UNI Swap and then what is adequality so a lot of things you have to you know teach nearby to join the stuff so are we if we are going to grow the ecosystem we need to solve this I give you the okay

so if you are using through combo you don't have to hop between different like website and I don't know what is adequality what is the lp token you just send a link send this webpage to your friend and then that end to edit the orange part just let you select token and input the amount they want to use for example uh I think most of the new body will have eth or maybe usdc so any token that's uh can be supported at the beginning and then there's a green part on the on the screen that's our famous feature is which is a chain input so the chain input is basically so in this page what program will do is basically we take your one eth we go to UNI Swap and then says Hey unit swap we want to swap some for some combo token and then no

matter how many comma token they give them give us we will bring the camera token to adequality after adequality we bring the lp token to your website to stake it so this is what we are doing uh behind this but you don't have to explain that much to your friends so all you have to do is ask your friend to connect a wallet and then select the token that you want to use and then execute you don't teach them teach him what is LP token what is blah blah blah and another example is passive income so passive income is not that popular or sexy sounds sexy as a liquidy mining but this is something that is very stable in and very okay to introduce to your new boyfriend

and uh okay so first you need to get some token right and then you bring the token to Ave to deposit to get a token interest bearing token and then you get a token right now you can earn interest just one right and then in D5 we will make sure that the capital efficiency works so we will bring the a token add equality to unit swap together to earn a trading fee so right now you you have a double income that's good right so you have to go to unit shop and you go to Ave and then you have to learn about what is adequate and what is LP token so same you can still by using Google to the same thing you just add different cubes on your food combo and then you know making link together and then you

can ask you and then after you build this you can send it to your friend or put it on your website for people easier to participate participate in this and there are actually a lot more that uh in Deep by space which is uh you know connect a lot of things together because uh a lot of people think that okay I go to UNI as well I go to Ave uh they are all Standalone and then they are not you know affected each other but actually if you could browse your trading history you will find out that you are actually like manually switching between them so it's like you know what 0.0 you are using floppy disk to transfer the file from the a computer to the B computer to the C computer that's not very efficient

so if you have internet you can just send it directly and then you know lower cost and you'll have you'll have more time so you can take a look at what other the application there interoperability case in our export page so what's next how can aggregator do what what can we do to improve the experience of the application there interoperability or so long so what's next so we want to uh there are a lot of angles that we can tackle in and if I start really friendly right now so we have a lot of problem okay we can solve but the pro first problem that we want to solve is the liquid in mind so why we choose decoding mining is because decoding mining is by far the most

popular and then most like when you buy coming they 80 of them they will participate in the code mining so uh we want to make liquid mining easier and then smoother oh okay so let's see uh as a project or as a user what's the challenge to launch a liquid mining program or to use a decoding money program so the first every project every protocol they are using different staking contract maybe some of them are using Minter some of them are using message here B2 or maybe they build their own staking countries so State a state country is like it varies a lot of version and what's the challenge because uh for the project team if they are using their

own sticking contract uh if they build their own they have to send it to audit in order to not to get hacked if they are using the mentor there will be a lot of different uh things and then for us aggregator if we are using different sticking contracts uh for us it's like a different uh D5 protocol so you can see from last year to this year around like uh 15 months we only connected to 15 different protocols um it's not we don't want to connect all of them it's because connect them takes time takes resource and then we have to make sure that it's safe so it's not POS it's impossible for us to connect every of them so if a lot of users are asking us hey can you guys uh support a decoded

mining or we want to uh you know every project they have different staying countries so it's hard for us to come to everyone and the second every protocol when they are launching the decoded mining they have actively on their own front end or they don't if they don't they will just uh at least have they have to build a Frontline for the staking part yeah so they have to spend time building something not belong to the protocol or the core a limited number of reward support if I use a mentor only one reward you can use our chain and then no that token to remain the compatibility so I think D5 it's uh famous for its compatibility and also is capital efficiency so no Dev

token uh it's not something I think it's a problem not worth us to solve so what if we for example can provide some kind of service to improve this so we we talk about okay people are using different staking countries in the state encountry they have limited feature uh to apply to to fit the modern uh D5 or you know the current trend of the equivalent Mining and another thing is from it right you have to teach your user to help between different protocol websites and then you have to write a tutorial guide like so we think if we have already have a very good UI and then our UI is suitable for

this connect everything together make it easy you just improve one number and then we take up the rest so what's the key part that is missing it's the second contract so we are introducing you the furu combo Trevi this Chavi it's face it's actually a Italian word Italian um it's a it's a fountain and it's traffic Fountain and then it's in in Italy you go to the the fountain you throw money in and then make a wish and the angel will help you to come true right so we're going to give you this kind of user experience that is so easy come here and then throw something and then

they can they can get something you know surprise so um what is through combo Travis so through carbon Cherry is basically uh staking contract generator okay so you can interact with our full combo traffic system to generate the seeking contract you want to use for your liquidy mining program and then this contract generated by the traffic is highly integrated with the food compost system what does that mean that means we don't need to connect you anymore because when we generate the smart contract this the system is already connected together just like you

know that standard API so let's take a look at the traffic system so traffic assistant has the three parts the first part is the factory contract so the factory contract is where we generate uh your staking contract is a factory so if you enter with our Factory contract and then give them the numbers your needs and then we will generate a personal personalized sticking contract for you and then the second part is the fountain contract so the fountain country is basically uh where your users take the lp token or whatever the token which is a erc20 token uh you want them to stick okay so they put money in front and

contract and the third part is the Angel contract so the angel contract is the place you put your reward in so you used to put a deposit there LP token or whatever token you use specific one in a function contract you put a reward and then they claim the token from the angel contract so this is basically the through combo champion so we have solved uh you know uh how can fruit combo connect to you know different state income trade and then purchasing the project team they don't have to spend time uh deploying their own staking contract or uh they don't have truth about it and there's even the best part so if you use the through

combo Trevi to generate your staking contract you are automatically connect to the system so uh now you don't have to teach your user how to use uni swap how to use your staking platform all you need to do is just go to photo combo combo page to build a combo like swap token and liquidity to your Dax and then you know stick it to your your your platform this is just an example and all you need to do is just ask your user to modify how many e's they want to put in and then click the send the rest of we're taking care by the fruit control system but if if you don't want to use the full comma front end

which is fine you can still like have your front end customized where you can still build your own the sticking contract is just generated by through combo but it's not owned by for example it's your staking contract so you are still like own the country you can manage them I can pause them I can I can you know put more rewards in it so yeah this is It's a standalone contract generated by our assistant and then highly integrate if you want and then maybe in the future because we talked about when user uh they need to move to other website they maybe they will try they will go away because they think it's too complicated all right so maybe in the future Peru

combo Discovery like article the other combo like uh okay we call it okay adequately um we can just you know have a widget put it on your website like this the upper part like they could just input how much token they want to put in and then click and then they through combo sits at the back end will take care of the rest so they don't have to leave your website so this is the traffic system what we want to achieve because we think if um we provide a better user experience and then uh will help all the project team to have a higher adoption rate because we are trying to working with you to remove some friction uh in device space here are some more detail about the full coverage IV so first is open

source and it's audit we are uh uh we just finished all the uh the whole system and then by save different companies and then we will soon put it online and then you everyone can see the source code and also we support multiple rewards so uh for example we are using Minter in our current liquid mining program and there's only one required we can give up and with a for example traffic system we can give it multiple Rewards like two three four five tokens at the same time and there's another way that when we are brainstorming how can we use the foreign this is an interesting use case so let's say if you don't want to launch your

liquidity mining program or you don't want to launch it now what else you can do with HIV you can go to full combo and find out who's using traffic system oh when they are using Drive assistant that means they support multiple rewards they can use can see oh uh they now have their native token another token um what about I provide my platform token to them because their customer they are all competitors or they are we cooperate with them on a marketing campaign so we can all contribute that reward together on the same pool we don't have to you know pivot divide them into different pools so um you can air chop your platform token on Twitter combo to those users and when they those users get your token they

will be curious about what is this token and then they will go back to your platform and then you know started participating in your eq's ecosystem and okay so so for example traffic is basically um you don't you don't have to you know ask us you can just interact with the culture and enter generate your stake in cultures and in the future we want to uh automatically list the new staking country that we just generate on the food combo so like as a user they can just go to full combo export page and then they can see the latest the pool that just created and then maybe oh this is poor it's pretty new just created yesterday uh in the past they need maybe

they need to find it on Twitter but now they can just find it on full combo and as a projecting you have another way to you know let people know you are exist in your life uh but when before we go permissionless I think uh to lower the risk is very important so uh in the past we can see on the decks there are some examples that a battle can put in the pool and then cause some damage so here we want to manage the risk as the first step is we separate the staking and reward one token to one country so it's not like a lot of token put it in one contract so even like that token put it in your that contract is only like damage to that

contract so we can control the risk and then you can pause and resume your liquid money anytime it's like a highly customized uh based on the time the speed like how many token you have to give out within this time period for example all the clothing mining program we have a system one two three and then the dance is different and then the the reward is pretty different so we don't want the staking contract to deploy and just use for one we want to uh you just you can still use the uh sticking contract you don't you don't waste the resource and then last part is my favorite part is the oh no this is second so we will have uh the debt token uh to keep the composability so uh once

the user deposit is taken here and then they can still put the ftn function token from fruit generated by through combo system uh the traffic system and then to the uni Swap and then you know how can some transaction feedback I don't know uh we can still do a lot of things with the dev token yeah when complex ability is there the chance is there all right so that thing exciting thing the flashing support so um when users take their asset no matter like how big is the asset or it's like a new token it's asset it's value right so when they are sticking in the system if we just put it there they are sleeping it's no good right so in order to give them the higher Capital efficiency I

think compressibility and capital efficiency is something diva is famous for so that's why that's the you know two basic stuff that we want to to hold it we want to provide it to to the to the community to improve it yeah so flash on supported that means uh every staking contract or every annual contract your token inside you can enable The Flash loan for other people to borrow the asset sleeping on your staking contract so this is the flagship support so in the future maybe you don't need to flash loan from uh The Landing protocol or from the decks itself and also usually on the lending platform or on the decks flash don't support only like big tokens but traffic is like

mostly I think will be of course we all have some big token but there will be some small tokens as well since it's a new project so they they need the liquidity mining to bootstrap yeah so the traffic system the seeking country itself will have flashlight enabled but okay um when they're generating the staking contract is Standalone so it's your the key is yours it's your second contract but just we have the standard API connect to the through camera proxy system so you can use leverage our front end to give your user a better experience a better experience on the application there interoperability okay

so yeah this is the full combo traffic system that we want to uh we are going to launch pretty soon ID um in Q3 uh we were pretty pretty uh producing launch it and everyone can start to if you are a new project you want to then launch your decoding mining or maybe you want a new project but you want to launch a liquid mining program feel free to contact us on Twitter on the Discord um we can we can cooperate on this and then you know to make some uh really cool stuff together yeah so we want to provide uh people when they are trading in the D5 space or when they are participating in the decoding mining I I want them just like feeling they go to

this Chevy Fountain it's that easy that they feel so relieved and then feel so comfortable and then just put their money in and then make a wish and something will happen so this is the full combo traffic system yeah so at last I want to thank some people since I have still three minutes to go so uh first I want to thank the everyone who attend here it's lunch time and I know liquid money maybe I agree with it in something like you know it's not like super famous awesome stuff like giant topic about like these two or a layer two but still let's say some interesting topic that will affect the whole industry and second I want to thank the uh

uh the ECC team because you guys are working so hard and then you organize everything together and I can feel that uh the ECC no matter is for the end user for the developer or you know to educate the whole industry or maybe like outside the industry uh you guys are playing a real important role and you guys are like inspired putting a lot of people together and inspire a lot of other people like us to get into the D5 space so uh things is is CC team and a third I want to thank my team because I think our team like Works day and night really hard um everyone like think about a lot of things and then like be so eager to improve the whole industry so yeah uh

thanks a team you guys are are the best and uh finally at you know the final one I want to thank the community because Community without you guys uh through combo cannot grow so fast and then without you guys to participating open it is the trade down through Campbell or propose anything or just chat with us or maybe make a sticker for us without you guys I think we cannot feel like we the product we made really improved feels like or really change a little bit of the world so you guys are so important you guys are the fun couple ecosystem remember to watch our autonomics which is release our document Center so yeah that's a basically my speech uh talking about how aggregator

will bring uh the whole device space into next 100 billion foreign

uh yeah this is a great question and then these words are like a you know the master student to write an essay about it for his uh graduation so first I think speaking of the regulation um I I don't think that okay so I believe that D5 needs to cooperate with the government to stay together and then um to why we should copy to that because we want to provide a better user experience right and then uh if Government like regulates or can comes in work with us so we can provide a better environment to protect no matter the user the service provider or

something else and also um I think the reason that we we love D5 is it's you know when we saw the call like small country code deployed on the ethereum and that would be exactly what the project or what the survey is providing so we call it in blockchain we charge or yeah so when we see your code we can trust you and then no matter you are a Anonymous team or you like you are a team like us we we show our face show our name and then we don't yeah so I think uh no matter it's Anonymous team or like a uh you know team with a face

if you before you use the protocol you can check their code yeah so I think open source is pretty important in this stage but after the device that is cooperate with the government do we have to like keep open sourcing or maybe other time like normal people they don't know how to read the code they can just trust that oh okay this is regular based on governance so we put the government has changed your call already something like this so yeah regulation it's a friction uh for now but I think in the future regulation might be you know a one of the way that D5 goes you know normal people yeah thank you