Vladimir Nikitin on SpaceSwap's DeFi platform and SpaceLend

0:25space swap and what your team is working on in the d5 space if you could just start with what is the overview and the focus of space swap yeah of course facebook as you like to call it is a one-stop station for major device services we launched at september last year and we launched september last year

0:54and we launched this yield farming yield farming protocol and every month we adding new products into our ecosystem we expect they can issue any tokens can sell them and can do that many actions like on many nfp marketplaces

1:22so i truly believe that we are building a really a good and big ecosystem for device plates and tennessee space as well and we have launched a unique larger unique technology shadow's taking it is it brings out it's it was an indicator for

1:50successful project we have get many we have got many attention from the community farm tokens from the mosque for example or any any other wallet so it is totally safety for users that if our smart contract will be hacked users will not lose any money if for example fico finance or car

2:19finance field you'll use this system it can help to avoid the effects and loses of people's money that's great so you mentioned that you have a variety of products and that when you launched last year so you have swaps you have farming and you're building out the lending platform is there something specific

2:47about econ gives you a competitive advantage in the space yeah thank you for the question here i believe that we have a few unique features probably a combination of all features and products makes us truly unique spacewalk with a user-centric project so we introduced shadowsticking as i mentioned

3:13in the smallest potential about hacking and blues lp tokens so it is a main feature i believe for now and we are distributing milk to tokens for among among shake holders we have interesting economic with the two tokens milk to token is a farmable token and shake talking is

3:40like restricted token with a restricted amount it is possible amount fleeting supply maximum weighting supplies 10 000 shake tokens and now in circulation around 675 first opponent say also distributed as well not to talk it's additional and we are trying to build

4:10many other device services in our platform so it is a unique thing that we are accumulated accumulating all device services interesting the two token model and i do want to dive into that in a little bit here now right now the majority of d5 services are all running on the ethereum blockchain but there are high gas costs and network congestion

4:37i'm guessing that primarily you're settling these defy transactions on ethereum but do you have any solutions for the network congestion or are you looking towards you know blockchain interoperability with more scalable layer two solutions or other blockchains as well yeah exactly because we had a terrible time when return transactions costs

5:04very high and people stopped using our platform because the ethereum transactions and we decided to launch our space buffer now the next i think will be before and of this month we will launch a phobia chain as well it is like a proof of authority blockchains

5:30and they are similar to bacterium so it is a user friendly for ethereum users to use the nas chain and for the exchange so i'm sure that our users will not have any problems to use beyond smart chain and for the exchange when we when we launch for the exchange as well well that's great to know and yeah binance smart

5:57chain has been huge up and coming in terms of you know taking more of that liquidity and transaction volume away from ethereum and it seems like it's only continuing to grow so that does seem like a pretty smart decision now can you talk a little bit about any partners or investors that you have so far in the project or ones that you're ideally looking to partner with

6:20as you go forward yeah of course i want to start that's the from the beginning we had a fair lounge with our partners together without any investment and we are still building it but for now we are in touch with a few venture capitals discussing

6:46their the possible deals about investment and it is about investment and about partners that will get partnered with many different majority five project like snow swap curve mid cash cream finance search and many other projects so we what the partnership was about

7:17it is that we agreed to help each other his development his technical sites and we issued partner partnership cards and this partnership energy finish department cards allow users to farm new to talking small new tokens so it is was the first step of our partnerships and i believe that

7:44we will bring new partnerships and we will expanding our current partnerships well we're the major milestones for space swap coming up in q1 and q2 for 2021 yeah the key products which we are building is a as i mentioned spaceline

8:11and i totally believe that nft marketplace which are building it can be a really huge product and i bet that it will be a major major product in our ecosystem with any boom boom service now and many artists be untouchable with many artists like djs painters

8:40museums and many others vladimir how can viewers learn more about these updates and get involved with the community oh yeah thank you yeah all updates we are updating in our blog and telegram at website you can find our blog blog the space for touch up and in our discord to tv gum channel we are

9:09providing many many insights and many updates in our telegram and i'm personally in these telegram groups and time by time i'm interacting with our community so you're welcome to join our children group and i will welcome all new gunners great well thank you so much for the

9:37information on space swap all the best with the project moving forward and thank you so much for your time christian thank you for thank you very much for invitation and it was a great time great great interview it was a nice talking