Nov 12,2024

AMA with Sasha 8/11/24

Another week, another AMA session with the Waves’ founder Sasha Ivanov. This week, Sasha has prepared some updates on the ecosystem progress, answered lots of questions and had a live dialogue with the community members.

//Recap Start//

Key Points:

  • The first Units MainNet network is now available, as well as the first DEx and gateways to withdraw UNIT0 tokens. At the same time, we made listings on a number of CEx's and reward distributions for all the campaigns we ran before the launch.
  • Also the distribution of rewards for L2MP staking has started. The vesting will last 3 years, which is quite a long period, but it should help with the launch and price growth of UNIT0.
  • Next, we have a lot of launches ahead. And in order to create the most favorable conditions for them, there is a proposal to implement a system of incentives. They are intended to motivate projects already existing on other EVM networks to expand their functionality to the Unit0 network as well. These incentives will help Unit0 to increase TVL. And of course, there will be a reward for those who vote.
  • If you have an EVM project that you would like to launch on Units Network, feel free to submit your grant proposals here.

 

Q & A

Q: I would like to ask a question about Neutrino and Vires protocols - will they be ported to Units Network?

Sasha: Not directly, as Units Network is an EVM network. Neutrino Protocol still plans to implement a new index product on EVM networks, but Vires Finance is likely to remain exclusively on Waves, and Units may have a different lending protocol with an independent team.

Q: Will NSBT holders get some kind of profit from this new EVM index product?

Sasha: Again, not directly, but I think some part of the profits will come to them via the Neutrino DAO. It depends on the final roadmap though.

Q: What about the next networks to be launched on Units Network in the near future?

Sasha: I think that in the near future we will focus on the implementation of new dApps on Unit0. Because if we want as many EVM projects as possible to notice us, the first network on Units has to be successful and affordable in terms of functionality.

Q: What about the Solana ecosystem? Will it be integrated in any way? 

Sasha: It's likely to be integrated in gateways, but SOL is very interesting in many ways and the Waves ecosystem will borrow some features from it. 

Q: Sasha, I am a WAVES staker and I would like to know about ways to bring my UNIT0 income into its native network. What are the best gateways available right now?

Sasha: Right now we have partnerships with two gateways. https://wavesbridge.io/ is the one you will have to go to. And also to solve the liquidity problem we have https://app.crosscurve.fi/ through which you can get stablecoins on Unit0. We realize that this is not the most convenient setup, but it will be simplified over time. 

Q: Have you noticed an influx of users with the release of Units Network?

Sasha: Of course! We definitely have a lot to work with and a lot of room to grow. I think it will help us a lot with the update of the Power DAO protocol.

Q: I've staked UNIT0 in Units DAO, but I don't quite understand how the rewards will be distributed to the participants. Could you please clarify this a bit? 

Sasha: Sure! Every member who actively participates in the voting process will share the income received by the DAO treasury. So all you have to do is to actively participate in the voting process and you will get a share of the treasury revenue according to the number of tokens you staked

//Recap End//

 

Tune in every Friday, 10:00 a.m. EST to learn the latest news and updates on the Waves ecosystem first-hand, directly from the Waves mastermind, Sasha!