The team discussed launching Unidex as a white label option to leverage existing user bases and gain traction, with plans to deploy by Friday. They also considered using Llama's load balancer for efficiency.

Tuesday, November 7th @ 1:38 AM | View on Supernormal.com

[0:00] Krunal A.: like a limited mic rule in the call

[0:03] Jeremy E.: I'm actually yeah, I think lpx7 some issues are. Um, all right. So yeah what I guess what's it looking like from your end? And what are you going to need from our end?

[0:15] Krunal A.: Um, yeah. Okay. So well, we deployed all the contracts hooked it up to the UI everything let that sore opened up the pool. Everything's like 100% ready outside of like some things that we might be releasing anyways, and in a few days one of those few things might be like, for example the page where people can pull liquidity and in this case this will be you know, the evidence to him or the state of even as well because that's something that we brought up. we're redesigning the pool page. We're going to have that out this Wednesday. So if it's not like a super big brush, you know, we can obviously like I think we can wait to the end of the week and we'll have like a more refined place that people can pool liquidity in terms of like UI ux things that sort. but outside of that things already outside of like the the final details like for example so called like what options do we want for people to use to pool and trade with their single State pools and the exact launch. Like how do we what's the best way that we we can play this do we've launch this is a white label for one of the existing dexes to be launch this as a standalone thing or is this just unidex launching on Atmos, and this is just a place to now deeper.

[1:47] Jeremy E.: Um, I think how we had discussed it monks herself was it would be great to do the white label option.

[1:55] Krunal A.: mmm

[1:55] Jeremy E.: Um, I I don't know control like what what it's gonna take to integrate that. um

[2:03] Krunal A.: Oh it white labels don't for us. We don't require any Dev work on the user's light. I mean basically what we do is we would just take the existing build that we would have change a lot of The Branding colors things that sort of maybe make some slight UI alterations. I won't really take more than a few hours to have it like the same exact code base except now it's branded and made to fit like, you know, whatever that decks or platform were white labeling for to fit their In and then we would do all the hosting and things of that sort. It doesn't even need to be integrated into the app itself. We can just deploy the app and then link a subdomain to that.

[2:46] LPX D.: If we are go with the white label does that mean it will show up in the like your broader ecosystem or?

[2:55] Krunal A.: No, it will it will like um, it's

[2:55] LPX D.: so

[2:57] Krunal A.: just more about like specific marketing or strategy. I guess you can say because I guess if we launch like as our own like Standalone products, it will what it was called. Maybe not gain enough traction. We won't be able to leverage your user base instantly. Whereas if you launches a white label and like let's say there's a link at the top or something on with the apps. Or something that you guys can share within your communities, then it would gain a lot more tension and then on our individual unidex build as well. So like there's basically two ways that you can access those perps what basically be tapping into those same exact rules that you can now I'm trained on top of usually white labels like to restrict the like token that you can trade to to just be like, for example Like like let's say we're on optimism and velodrome did a white label. Usually what's up popular option is they'll restrict the trading token collateral you can use to just The Velo token, but there have been a few that have done.

[4:04] Krunal A.: What's it called where it's like you can use. Etah and let's say that vlo token. The reward structure is a little bit different though. If you do something like that because you're tapping into our already existing seated liquidity rules. Um, let's see. Have you done a white label to play with the notion? Yeah. Yeah.

[4:25] Krunal A.: We've I think we have maybe five light labels right now. We recently updated one of them. There's the first one I can. Face swap is one. We're having to do a what's called complete upgrade on those but Ramses is one that recently got updated on through this all the exchange on our bedroom. Or there's this one. there is I don't know if they called it. First but there's also retrofinance there on. their own polygon and then I can't find their link. I could go to their site, but it's gonna have me connect my wallet, so

[5:15] Krunal A.: There's one we've done on polygon. We're doing one right now for gnosis China actually right now. And we have one on scroll, you know do that one. Skies on scroll just launched. This is what I mean by.

[5:33] Daniel B.: three question

[5:35] Krunal A.: Oh, sorry, we're going.

[5:37] Daniel B.: also nice to meet you. Hey, what would you a white dog would ask as like the atmos petrol or Forge or what? Is it?

[5:47] Krunal A.: Yeah. So I think I think Forge would be a the gives you strategy there. Now it's a bit unique because I don't think we've really done a white label where since I for my understanding you guys are also like the core team behind forage, right? So, I mean, it's kind of one of the same kind of but like not necessarily so Usually usually the go-to like selling point with the white label is like we do all the work but more specifically the pools that are launched you guys can choose like a specific fee structure for that where it's like, okay 80% of the fees can go to like the pool or you can split that up to it's like okay 40% of the fees from the platform go to the pool and then 40% go to oh, he accidentally left the meeting. Oh, there you go. Welcome back. Say it back to what I was saying. So you can split the the fee structure on this pool. So it's like you can have it to like 80% goes to the pool. And so it's just feeding directly

[6:56] Krunal A.: back and then you need to Sticks like a cut of that which would be that the remaining 20% or you can make it. So like for example, the pool gets 40 to 50% and For you guys, you can collect the other remaining parts that's collectible, which would be like 40 to 30 percent in this case to be, you know, just hurt like protocol slash team Revenue that I can you guys can use that or you can you know direct even some of that to just go to like the token holders of let's say Forge, but I don't think there was a token right? I think that's what it was, you know, you guys can like just divide that however want that's usually the the selling point behind the white labels outside of that if it's just a pool that we have already like deployed and it's like something that we Sort of like a core liquidity pool. Like let's say we launched an optimism that would mean like usdc die and eth those are like core liquid people's that would follow like just our standard fee structure that we have and like it's not really mentioned so that it gets divided up to like other teams or anything of that sort. Just because every like white label could utilize that but in this case It's more so like there's there would have been the possibility to like use the forge token or something as like collateral but like as we mentioned before I don't think that exists right? That's just my understanding.

[8:23] Daniel B.: Country. Yeah. Yeah. That's true. There's no no token. I mean just to clarify so a represent

[8:25] Krunal A.: Yeah.

[8:28] Daniel B.: a core contributing team. We don't really so I guess on these this call we have three different teams where I'll keep learning the core contributors and we have the porch team as well as the governance were extreme. And so I would love to maybe understand also I guess who's gonna maintain or is there any basically own the protocol once it's launched? Because from yeah just as

[8:53] Krunal A.: Yeah. we yeah, so we would maintain the protocol still even asked like a white label at least in terms of interface for sure. All the core contracts are going to be hooked up to the same contracts that we would be using even on our UI as well. It really is just a different branded frontend. That's all that's really changing here and maybe some differences in terms of like what what Traders would have access to on different front ends. So like for example like We might make it so like you can use like a gnosis safe wallet to like trade on our interface. But if that's not something interest to a white labeled front end, then we would just not enable that on that that y label but we're still maintaining both interfaces. We're just trying to like make it I guess you could say personalized and specific to study the system.

[9:51] LPX D.: So it's pretty much like a cname redirect I guess.

[9:57] Krunal A.: I mean, yeah in a way, but if it would be it's own URL and everything of that store with a like totally separate like get Branch essentially that we would have.

[10:17] Daniel B.: I mean if you guys stay the main maintainers and are the deposo of the project I mean For me what makes sense to still keep The unidex Branding if that would also help to get existing users. over to like migrate and you have the brand name that's there as well. But would love to hear the other

[10:41] Krunal A.: yeah.

[10:46] GV: I think it's going to have The unidex Branding anyway, right more or less because it's going to be enabled on their front end as well. So the thing we go, the thing with going with a white label solution is can we can probably Yeah, make the best out of Bose, right? We can promote it as a like. porch porch verbs and also promoted as you need experts if my memory serves just that correct.

[11:20] Krunal A.: existing user base and they'll be Yeah, yeah, we also utilize our feeding and trading into the same pools on either interface.

[11:25] GV: Yeah.

[11:30] Krunal A.: So I think if we if we have a white label that's branded to forgex and like that. This is like links somewhere within the four interface. I can work really good to gain the initial user base or You know, it's not entirely necessary to do that. Like what we can also then just do is we can just have the brand. It's just being index. It can be just our interface. But of course doing something like that. We can't make it. So like the only chain that you can select would be here. Um, so if there's ever anything of

[12:05] Krunal A.: that concern what's like, oh I user might be like tempted to go to another chain where there might be more liquidity or anything of that sort. We could just keep like the forged decks version to be like You know very hyperspecific too. Just that most ecosystem and things of that sort.

[12:26] 0xCtrlAltApe: Yeah, that sounds good. I think we should go with the like make a forged deployment and then I guess also there will be the units what you need X. to put sounds like Best of Both Worlds.

[12:37] Krunal A.: Yeah. Okay, that sounds good.

[12:40] Benny L.: Is there any concern with like crossover and branding since we have the forged ax and then I believe you guys have some forage? Branding as well and unidex.

[12:53] Krunal A.: Oh.

[12:53] LPX D.: That's kind of

[12:55] Krunal A.: Yeah, well, we it's more so for developers, it's not like the general user that that program interestingly and we call it the forge SDK or Forge white label service. So it is funny to see that one of the you know users of the label might be, you know forage decks here, but I don't think it's really much of it. So, like I said, it's mostly for guys anyway, so the common user or retail won't really see that I think I'll be fine.

[13:36] Jeremy E.: So then with gone.

[13:37] 0xCtrlAltApe: And then I go. I was just gonna say for marketing you had mentioned that you wanted some. support from social so if we don't know if Daniel can answer this, but if we could get something from like the official Atmos page and then Obviously, we'll do stuff from Forge and epostel as well.

[13:58] Daniel B.: Yeah, for sure. I mean, I think it's really cool being perpetuals to have most and super happy to to like collab post on this or something. And any I don't know if you want to do a Ama or anything. I'm happy to

[14:16] Krunal A.: Yeah, super open to things like Amos on those typically definitely get more attention like things like we can do like Twitter spaces and things of that sort if you're open to that. I'm not sure when you want to start doing that. I think it might be good. If we start getting people aware that we're like getting disappointment ready, and this is coming but anything I can also do to help support, you know fully on board. to get that going

[14:46] Daniel B.: Yeah, what's the timeline of

[14:50] Krunal A.: Yeah, so in terms of like getting a deployment ready just for our protocol itself. I mean this can be enabled today. There is just a few things like for example, if since we're wanting to do this the white label thing I can get a branded version with like, you know, the the colors and things of that sort from Forge, um done by tomorrow on maybe even the day after tomorrow and then we'll also having a new pool page as well. That's like completely Rewritten and we kind of want to get that done too. So that's gonna be finished by like this Wednesday so we can have a fully production ready like lunch. by Friday But if you guys still want to space that out, we can definitely do that as well.

[15:45] LPX D.: for the for the white label on like branding things like if there's any way I can

[15:50] Krunal A.: Yeah, yeah for sure.

[15:51] LPX D.: help let me know.

[15:56] Krunal A.: I think I can. I think it could just grab the digital color scheme and design that that went into this by itself. But I mean, I guess if you had like a figma or something that when this was being like need to like for the general branding close games fonts and things of that sort. If it wasn't then I think I could just pull it off the forge. So

[16:30] 0xCtrlAltApe: Yeah, I'm not sure if we have a branding back other than just like the logos. because they are we don't have figma because it was mostly just going off uni swaps interface and

[16:39] Krunal A.: got you.

[16:39] 0xCtrlAltApe: playing around but I would say yeah, let's wait for I guess the updates if the ux is

[16:44] Krunal A.: Yeah.

[16:45] 0xCtrlAltApe: gonna be better and then I don't

[16:46] Krunal A.: It definitely.

[16:47] 0xCtrlAltApe: personally don't see any reason why Friday wouldn't be okay to launch anybody has different opinions.

[16:54] Krunal A.: Oh. Yes something we didn't discuss. So what what will options do you want to have users to be able to trade? I think we talked a little about this on before I'll give the tldr I guess. Um, they're single stake pools people just deposit into them. They're completely isolated from another Pool. So let's say we we spin up a steak at most pool and let's say we throw up a just, you know, native of school. These two pools are completely isolated people are gonna have to trade using either or they're never gonna be routed in between like GOP does or anything of that sort.

[17:35] Krunal A.: Um, they can either be really good or not as optimal if nobody's utilizing cool. One shows you that we can do here is we can we can concentrate all the liquidity in terms of like not like a unusual V3 position but like concentrate encourage depositing of only one token for now or we can have both of those options available and it might be a good marketing play if we can push the message right where you can use either state of those or just the regular gas token to trade. There's no real downside outside of you know, maybe people depositing into the state pool and nobody. Realizing it. So they're kind of just having it sit there. but you know like what whatever optimal strategy you think might be the play here lifetime here like thoughts on them. Like if you think we should basically be concentrating it to one pool or

[18:29] LPX D.: still running

[18:30] Krunal A.: not.

[18:32] LPX D.: Can you walk us through the creation of a pool like how much liquidity is needed? No, that's to have a

[18:41] Krunal A.: There's no like there's no General

[18:41] LPX D.: have enough

[18:43] Krunal A.: requirement. It's just that of course the more liquidity that exists the better. It's gonna be Traders because it kind of is like a chicken or the X scenario because we're not having any incentives really thrown out here unless that's definitely something that we can get going to encourage pool deposits or trading activity. Then we can definitely, you know have some like a stimulus for like any sort of activity here, but It's a it's a permission pull creation process. But once it's created it's available on the UI as well. You also have like a semi permissionless method where you can submit like a pull request you don't custom pool, but that's like a little bit out of the conversation here in terms of like complexity basically like we would want to determine whether or not we think we should We should be spending resources. I guess you can say in time to encourage traders to also provide liquidity of states of the state token or just have everybody at first, you know, just do the native gas token here and use that to trade we can also even get the Stables going as well. I know that's a weird situation because there's multiple Stables like the native Cosmos UCC and that's so rapid UCC and things that's work. But up to you.

[20:02] 0xCtrlAltApe: I think for us actually the state version will probably like staked Atmos will have a better chance of success of getting more deposits than the liquid.

[20:12] Krunal A.: native

[20:12] 0xCtrlAltApe: yeah unforge we already like do all our pools pretty much in staked at most the majority of the rules and all the bigger pools are steak at most

[20:21] Krunal A.: Okay.

[20:22] 0xCtrlAltApe: and because the evmosdao think so, I guess people have the steak at most deposited. They won't feel like they're missing out. So I think we should that.

[20:31] Krunal A.: Gotcha. Okay.

[20:33] LPX D.: and also I think incentivizing these pools is not out of the question, so it's kind of wondering if You could provide some insights into how other chains on, you know? incentivized airports to to Launch

[20:51] Krunal A.: Yeah, well, so the the better way is actually to incentivize the Traders and the coolers because coolers are relying on the trading activity. So instead of in the Traders are gonna help with that and so if you incentivize the Traders, you're actually indirectly also instant devising the coolers as well rather than the other way around where you're not really helping Traders but your own helping the coolers. So if we do something like let's say a like a sponsored training competition or anything of that sort really helps the volume, you know, it's it's hard to measure it really just like matters, but how much we can do well like good marketing and how well we can push that but if we have let's say I think like for example we did a In the past we did a $2,000 trading competition that lasted a month and that net maybe 40 or 70 million. I can't remember which there's a little bit more volatility in the market but 40 to 70 million in volume and that would translate to maybe about I'd say 10,000 or 20,000 in fees as well, which will help the poolers. They got a lot of training activity off of that some good p&l for them. And then the Traders are also happy that you know, they were they're being rewarded outside of their you know normal trading activities. So if we if we reward the traders to like a training competition we can also even do you know just general volume based incentives. It's a lot of flexible ways that we get approach this and also doesn't take too much Capital to instance. What is this as long as Traders, you know, they hear I have the ability to make more than what's normally expected. I think they'll come

[22:42] Krunal A.: and I think that's that would be the best way of doing that.

[22:46] GV: You do have this script to distribute incentives, right?

[22:51] Krunal A.: Um, yeah, I mean we have like a internal like script it's not necessarily like built directly into the pool itself just because it's there's no like receipt token. You don't really stake something and then you get in but I mean, it's

[23:03] GV: Yeah.

[23:04] Krunal A.: fairly easy to pull the list of current depositors how everything like that we have like a subgraph for this and then we can just use a standard distribution contract to multisun regularly.

[23:15] GV: Yeah, okay cool. Good to know. Yeah. Anyway, we will highly go that route and I think personally for my side. I think it makes sense to add some incentives to it, especially since it's a pretty dressing and kind of Yeah, probably. Yeah, it is unique on that most so yeah, I think we will figure something out to put the proposal on chain to add some small incentives to unidex.

[23:43] Benny L.: Does it make sense to like yeah, I agree completely is it makes sense to? Kind of investigate that and have that come like after launching. Like for the time I would be okay. It launches the white label launches and then it's active and then kind of in the meantime where investigating how to incentivize and how much and those factors and then You know get that rolling at some point, you know soon after it launches.

[24:16] Krunal A.: Yeah. Yeah, I mean it definitely does have to be like right away once we launch and then we can also say like, you know exactly how much it like interest there isn't even staking in the pools without those incentives in seeing if like maybe it actually is needed that we directly incentivize the pools rather than the Traders because after all if there's no pretty then it's very hard to incentivize Traders if they don't have any liquidity trade, so we definitely should give it a bit to see like exactly where we need to All the case some of those resources if that's coming and then see what we

[24:47] Benny L.: right

[24:50] Krunal A.: need to do.

[24:51] Benny L.: Okay. Yeah, that sounds great.

[24:53] Jeremy E.: Maybe we could even initially with protocol own liquidity from the community pool. See the pool and then instant sent by the trading. See how that goes.

[25:04] Krunal A.: Oh, yeah, I mean that's that's also definitely an option as well. But I think that most people are also like generally aware of the counterparticles with you know, protocols like GOP with GMX and Gaines Network. I think we won't have too much trouble Gathering some initial liquidity, but it's you know, as long as we do like some some good marketing good pushes here within the ecosystem. I think we can get that pretty fast no need for like protocol and liquidity but it is a good like, you know counterparty. Something that you guys are looking to do as well.

[25:41] Benny L.: Yeah, I would agree with we should hold off on like protocol and liquidity. Kind of let Community see what the community can do before. We deposit anything or request from the community pool.

[25:54] Krunal A.: Yeah. Okay. Well then on my part says so basically all jumpstart a state at most fool. I'll get the white label outs new pool page and things of that sort. That's where all expecting that to be leaded by Wednesday then and we should be able to do a like an actual like full deployments like this Friday. But if there's anything in between that we can do like to help start pushing this like and I think we've already done like I'm not minor tease slash announcement that we are deploying on fmosh on the unidex sign but I think we can definitely start pushing this a little bit more in terms of like, you know professionals are coming while here is how the product works may need some calls in between like to get those down but we're also updating our dogs as well. I'm trying to finish that up today as well. So that can be a lot of content you

[26:54] Krunal A.: that can be used to you know prepare some material there, but I do think that we we can start pushing this in between the day of launch and now So if there's any like immediate things that we can probably do we should I think that would be nice.

[27:15] Daniel B.: get from our side we can see something as well from the official Atmos channel on chronology have do you work with slack or just telegram because I don't think we have a channel set up yet right with the Corbin Journey team.

[27:31] Krunal A.: No, I think we oh not with the core engineering so you might think so. I have would I mean in telegram group with other with others people, but there's

[27:41] GV: We can add you Daniel if you wish so.

[27:45] Krunal A.: Yeah.

[27:47] Daniel B.: Yellow be cool. That would be a first start for sure. start would be awesome nice to have a slack Channel if you guys use Flats like

[27:58] Krunal A.: we don't use slack but I do have slack and I do have it set up for a few other projects as well. It probably might not be the best place to reach me though. Just because I don't always have it open.

[28:10] Daniel B.: okay. Then don't worry for it. Then. Let's let's go with the telegram Channel and if you have any thing for us to prepare, I guess the marketing post or something. or any similar Launch posts that you've had so far in the past of the amazing anything can provide us with.

[28:31] Krunal A.: Yeah. Yeah, I I can make a few. Okay.

[28:37] Jeremy E.: Yeah, and all I'll work on from the MMOs Dao side. I'll work on a blog posts Twitter thread once everything's out. I can get some like user-friendly tutorials going to and yeah do all that and then I don't know if you saw in the chat, maybe we try and do like a Twitter space next week.

[29:00] Krunal A.: Yeah, yeah, I think I think I'd love to do it.

[29:01] Jeremy E.: So cool

[29:09] Krunal A.: Okay. um Yeah, let's let's keep in touch. I'll definitely keep you guys updated. That's all on my side if there's any more questions.

[29:23] Jeremy E.: Ah nothing from me.

[29:23] Benny L.: I don't have any. Yeah, just keep us updated in the chat if there's anything that you need any resources or any questions just you know reach out to us and we'll try to get everything any potential issues and stuff resolved and we'll do some coordinating on some marketing. I think this is a super cool and super exciting. I think the community will be really happy about this. So pumped

[29:49] Krunal A.: Yeah, yeah for sure.

[29:51] LPX D.: Yeah, we're really apprecially.

[29:51] Krunal A.: I just Yeah, yeah, I remember you guys were mentioning something about the rpc's situation.

[29:59] LPX D.: Oh, yeah.

[29:59] Krunal A.: I don't know if you don't know if you want me to touch on that real quick. But yeah, I mean we do have our own internal solution. I don't think it's good enough to be used by like let's say like maybe 10,000 users at once. It's so very lightweight solution. And it's basically the the same thing that was on that that you saw with the 0x protocol. We've modified it a little bit but it's definitely not as good as it could be. But if you guys are looking to have a like a very efficient load balancer for your network. The llamas llamas defy lava team they they made what's it called? Lava's and they have a

[30:44] Krunal A.: They have a get reboot for a very like very efficient load balancer written in Rust. And it's basically what powers a lot of lava nodes anyway, so that's something that you guys could look into we are kind of looking into seeing like what we can utilize from there. If we're not just going to continue building our own solution, but that that can be a very viable solution if you want like a Very reliable and dedicated endpoint where you can just hook up multiple nodes to that load balancer and then serve that under you know one.

[31:18] LPX D.: Awesome, I think.

[31:18] Krunal A.: one single URL

[31:20] LPX D.: We said lava nodes, right?

[31:22] Krunal A.: Yeah. Yeah, I can just send a link here.

[31:24] LPX D.: Oh.

[31:29] Krunal A.: Yeah. here is somebody here yeah, so this this get on Reba will basically Allow you to take in multiple new URLs any other rpcs you can even partner with someone that's offering this RPC services to be included in here. For example. And then it'll just be you know served over the most efficient route for any bit. It's calling that. Yep. Um, I'll keep you guys updated. I'll let you know if there's anything else and do let me know if there's anything you guys need on my side. But yeah, really nice call.

[32:19] Krunal A.: I guess. I'll see this.

[32:24] Benny L.: Thanks again. Talk to you later.

[32:25] GV: Thank you.

[32:26] Krunal A.: Yeah, see.

[32:27] LPX D.: Beautiful.

[32:27] Daniel B.: Nucleus good to meet.

[32:28] LPX D.: Appreciate it.

[32:28] Daniel B.: Alright.