AVAX Ecosystem Space

Here's How AVAX Validators Have Been Earning More Rewards

June 12, 2023 Steven Gates
Here's How AVAX Validators Have Been Earning More Rewards
AVAX Ecosystem Space
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AVAX Ecosystem Space
Here's How AVAX Validators Have Been Earning More Rewards
Jun 12, 2023
Steven Gates

GoGoPool talked to Vivek On Chain an Avalanche validator about his experience using GoGoPool to validate AVAX.

Social Links:
GoGoPool Twitter: https://twitter.com/GoGoPool_
Savvy DeFi Twitter: https://twitter.com/SavvyDeFi
Landslide Twitter: https://twitter.com/CosmosAVAX

Show Notes Transcript

GoGoPool talked to Vivek On Chain an Avalanche validator about his experience using GoGoPool to validate AVAX.

Social Links:
GoGoPool Twitter: https://twitter.com/GoGoPool_
Savvy DeFi Twitter: https://twitter.com/SavvyDeFi
Landslide Twitter: https://twitter.com/CosmosAVAX

welcome everyone to the avac. Validator space. I am one of your lovely hosts. My name is briefly Bri Lee. Ugh, Bri v I do Google Pool Growth Strategies and Google Pool is a permissionless liquid staking protocol with the specific vision of expanding the subnet economy. And we do that in, in a bunch of different ways. And one of those ways we're gonna be talking about with Vivec. Today I am joined by my other lovely co-hosts. We have Steven Gates here, founder and c e o of Gogo Pool. Say, what's up my friend? Welcome everybody. Welcome, welcome. Yeah. I think this should be a good call. We're talking to. I mean, Vivek, you might be our earliest adopter or second earliest. You're definitely somewhere in the first three. Um, so I think this will, this will be like a pretty good. Kind of unique flavor to the conversation. Mm-hmm. Yeah. Yeah. I've been, I'm excited to talk to you, vec, cuz I've been just kind of noticing you've been supporting us for so long, so, you know, um, oh. For anyone out there, um, VEC is an early adopter of Google Pool. He is one of the first mini pool creators. Um, so I, I, I guess actually I gotta ask you vec, um, what kind of piqued your interest about Google Pool originally? Yeah, I mean, just to little bit about me. So I have been validating a avalanche right from the genesis because I was part of Avalanche, uh, Denley Tek. So it means that I have been supporting Avalanche for a long time and, and uh, I remember that during the Golden, that was one of the point that the community brought up that. Because around that time it was LAN was turning around a hundred dollars or, or something. So people are asking the, to become a validator of LANs, it's too steep. We have to have a lot of capital to start it. Is there a way that, uh, that we can lower that requirement so at that time that that isn't a feasible option? And then, um, you know, uh, because that people said that we may need a governance working on avalanche for that to happen and all this stuff. So when I, when I just notice, uh, Gogo pool, because I got to know about them during the fundraise announcement, they, they did the final rise. So as soon as I spot that, I take a look at that side. I was pretty, pretty impressed with what they're trying to solve because that is one of the thing that always in my mind that who is solving the problem if, if, if, I mean, I thought that has to be solved at the, at the blockchain level, not at the protocol level, but what. G g p has done kind of interest me because that's, they're really solving one of the biggest barriers that, that our launch users have. So yeah, that what's motivates me to start analyzing it, reading it, and reaching out to Steve and all those things. So, so yeah, that's my, uh, you know, that's my reason why I, uh, love gobo first. Wow. You, you were, Like an early, early adopter, my friend. You said you've been around since the, since we like first announced our raise. Yeah. Yeah. Very much, yes, man. Wow, man. Just, just really, really appreciate you for the love that you've been showing us over time. Uh, I, I really gotta ask you too, like what is, what has been your experience so far kind of utilizing Gogo Pool after we've launched? Uh, sorry, I didn't get the first part. Sorry. Uh, what's, what's been your experience u using Gogo pool? Like how was your experience like spinning up your mini pool and everything? Yeah. Okay. Yeah, I mean, the Gogo pool, the portal itself is pretty sleek. It just a three step process, if I remember correctly. You just need to go to the portal, provide the note. I note ID after you have your, uh, software installed on your. PPS or whatever server you have. So it's pretty simple. You just need to provide the note id. And you need to have thousand of acts on your uh, C chain, traditionally not on P chain. Because if you're validating on your own, you need to keep it on your P chain. That's again, a separate wallet and separate all the stuff, but whereas in this case with Google Pool, you, you need to have thousand thousands on C chain. I think that's the second step. And then the third step is just we need to provide the. Collateral, which is in, uh, 10% of your thousand Ava. So, which means that you need to stake the hundred avax or of G G P. That's the third process. Then. Then if, if you provide all those and it's boom, we are done. I think then I did that. I got matched in, around, in however I believe it, it was, it was super quick. I just kind of set it up and went, went out and came back in and I was, I was all set. I haven't really need to do anything special. Launching, uh, launching, uh, this node. So yeah, it's pretty slick. And even for a non-tech person, to be honest, if they want to do this, they can just go to all notes.com. I mean, they, they will allow you to, I mean, if you're not familiar in, in launching a server and all the stuff running commands, you can just go to all notes, sign up there, spin, uh, request for avalanche data. Note id. You can get it and get the note. Id come to the Gogo poll within five minutes. You are? Ready to go and your, your node will be launched in next one hour. So, I mean, one hour is leased, I would say depends on how much Ava this protocol has, but, but overall, it's pretty easy. You know, even a non-tech person can easily launch a node. I think that's one of the, one of the point I would, uh, I would really like to tell everybody who is having Alex come here. Just try for, for at least try for minimum 14 days and see how your experience is. It's super easy. It, it's, I mean, there is no reason why some people don't try it if you have fx so. Well, I love that you said that so I don't have to say it. Yeah. May maybe it's for you. No, I'm, I'm curious cause you, because you did say like, you know, it doesn't really take like a lot of technical knowledge because of, because of all nodes. I think you pay, uh,$40 per month and they spend it up for you. Yeah. Yeah. And then all I do is provide you with your note id, and then you can just start it into Google Pool and you're basically ready to go. Um, is that the route that you went when you were setting up your validator, or did you decide to kind of manage it on your own? Yeah, I, I, uh, I went through all notes. I. Oh, you went through all notes as well. Okay, cool. Yeah, I, I kind of want to try it from a non-tech perspective because, I mean, I just want to experience because next month I'm gonna do it, uh, in different way. I just wanna try all those ways. Uh, so Yep. For first month, I tried through all notes. Were you, oh, so you're planning on actually running a validator like on your own next month? No, I'm already running one. Oh, you're already running. Oh, perfect. Well, yeah. And so I have to ask you a couple more questions too, cause I'm, I'm, I'm very curious about like, how would you feel, and this is an interesting question too, so this might be a little bit of, a little bit of a curve ball. How would you feel if you could no longer use Google Pool at this point? That's a disappointment. Obviously, knowing that there was a protocol, which is. Solving the real problem for existing validators, uh, and, and, and not using it. This is kind of like a obvious disappointment though. Uh, and then along with that, it's not only just that you can easily launch a node and, you know, do the stuff, you can also earn a lucrative reward. That's one thing. And also you get to validate subnets because Gogo police not just that place where you can come and launch a node. The ultimate aim is that, you know, The subnet economy. Avalanche is, subnet is still in very early stage. If you are a validator, you want to be part of validating subnets. Gogo Poll is is the place where you needs to be. So, so, so, which means that obviously gets dis disappointed and no one else is doing this at Avalanche, as far as I know. So here's a myth. Yeah, absolutely. Huge mess actually. Um, it's super interesting that, uh, that, that we're the only ones kind of doing this that's kind of competing in this specific space of validating subnets, especially when you kind of think about what the future can kind of hold, where you have all these subnets with all of their native tokens and then all these validators being able to validate them. Um, call through Gogo pool. I'm actually kind of curious your thoughts, you know, cuz you, you seem pretty bullish on subnet. Like, what do you think the future holds for subnets? Yeah, I mean, as a whole with, with what, whatever that happens during the bull market, you may see that avalanche is expanding with so many partnerships and so many big partnership with big, uh, Big James. I would say Avalanche has one of the best, best B BD team out there in the entire crypto, I would say. So they have been trying to br bring a lot of business into Avalanche. So one of the way those will launch into Avalanche is through subnets, because each has their own, uh, requirement and own, uh, customization they might need, example gaming. They might need, you know, most customized. Uh, block change. They may need to separate VM and all those stuff. So, so definitely that. Uh, one of the best way that these business that's coming into avalanche explore or expand is through subnets. So subnet, as you see, is in pretty early stage as you see that they have recently announced, uh, elastic Surnet, which is Fornet and all the alanche rap messages. So it's really coming, you know, the absent thesis that, that, that. That SMOs is doing is, is avalanche is trying and bringing up to that, to that level. So it means that more and more subnets will get launched eventually in incoming months and years. So, so that's one of the reason I, I'm, I'm really want to be part of those pretty early as well in how I was early in avalanche, so, so how I was early to dgp as well. So, so yeah. Best, best place to be in. If you're ish on avalanche, I mean, if you ish on avalanche, if you ish on subnets, you need to be in G G P. That's the best place because even if you take the validator right now, if you have around, if we have around thousand 200 validators, you know, there is no single place where a subnet can go and talk or communicate to help launching them so that their reasons in the marketplace, you know, so, so protocol like G G P kind of helps connecting those two different, um, Parties together, so pretty on that. Yeah. Yeah, what I'm, what I'm hearing is you love that kind of connection, right? Because, you know, right now there's no way for a subnet to very, very easily contact the validator in the space. Um, even, even Gogo pool, we've had, you know, kind of problems trying to. Get in touch with validators just because you don't know if anyone's a validator, unless they have avax validator in their Twitter profile, which, you know, I'm not, not a lot of people do typically. Um, so I can, I can understand how, how, how much easier it's gonna make things for a subnet to be able to come into like the, say the Google Pool discord or even reach out to Steven, which is what we've been seeing a lot, and they're able to then say, Hey, can you connect us with. A validator who really believes an avalanche for the long term. Um, I, I think that was one of the other things that B Tan Yuri was saying is you don't wanna just connect to any validator, you know, because you want to make sure that person is going to be validating your network in the long run. So you have to connect really with the right people. And Gogo Pool really just is building that community of. Long-term validators who are long-term on avalanche, and it's, it's really beautiful to see. Uh, now vec, I got another question for you, like mm-hmm. What type of people do you think would benefit the most from Gogo Pool? Yeah. I mean, people who have been bull, I mean, people who have been validating, they should definitely explore because there is a lot of. That a way they can optimize to earn more rewards for the existing validator if they're not using gcp. So they have to come use GCP too so that they can additional rewards. And then people who are bullish on subnets has to, has to explore G G P because those are all the two parties that, that, that really need to know and, and, and, uh, expose this product along with this. Maybe a third, third one. If they are some people who might be earning, you know, uh, lending through AVI or Ben, whatever the lending platform is, they might start looking at G G P for optimizing and, and getting more rewards. So because there, I mean, we can also talk about rewards what G G P is all about, but as a whole, these three people can use G G P to, to optimize and improve their earning potential and all this stuff. I think that third one's kind of interesting. Something Brey and I were just chain through thing we were both surprised by, um, is that we have seen one or two people who already have a position on one of these borrow lend markets, and they borrow avax up against whatever they put up as collateral. And then with that Ava, they signed up for a 30 day, uh, mini pool, which I thought was kind of interesting, right? It's like you're borrowing some avac so they can run the mini pool. And save the g p tokens. And that way they hadn't optimized their earnings. And what's also interesting is that typically you think of defi, you think of more week to week focus, but mm-hmm. All of those people hadd as well. So it's kind interesting. I'm kind of keen to see what's gonna happen in this next reward cycle. Yeah. So I'm, I'm also pretty curious, um, How do you think that we can improve Google Pool? Where it's at right now? Yeah. I mean, right now and, and quickly it's for you, Vive, so. Mm-hmm. Uh, how can we improve Google pool for you? Oh, yeah. I mean, uh, get, get me more subnets to validate as simple as that. Yeah. I mean, as a whole, I think, um, We just within, I think we're, we are still pretty early. Not a lot of people, or at least not a lot of varis know about, uh, G G G P. So it means that we need to bring more validators and, and, and people who have been with uplands, we need to make them aware about, about G G P and what, what you're trying to do and what you're trying to solve and other stuff. And, and along with that, what's coming as well. It's not just that they're just getting started, it means that, They need to come and experience what we are doing. And then, and then, uh, maybe in, maybe in couple years, we might be having some, some, and so 5,200 subnets through G G P. So it has a lot of upside potential for, for, for users to come in and, and use the product. So yeah, bring more awareness along with that. We may need, uh, more defi, uh, use cases for, uh, uh, vac the G gmx, which I think has. I think has, uh, ing going on and, uh, for lp. So yeah, things like that, we just need to bring more user, uh, start using a GB first, the validate us, then the liquids takers. We want to take the Ava. Take, take their, take the bags and, and go to diff and go to maybe, maybe best place is awe, get it into awe. So the people know about that there is another sticking with available in lan, so, so they can start using it and all the stuff. So, um, and also we need to tell them about what's, what's currently in there as a early user. I mean, right now we have around 30, 30 minis or something. Just, that is something I would say that, uh, you know, way, way less than what's the potential of G G P? So it means that I like to see around 300, maybe 500, at least half of the, of lunch evaluator like to validate through G G P. So, so yeah, there is an honest potential there. We just need to get the word out to the people and, and, and let them experience it there. I mean, whatever they want to choose with. And then as them start using it, Yeah, it's definitely an interesting protocol in the sense that for normal liquid staking protocols, um, it's very defi driven, very staker driven. But I feel like for Google Pull, it's actually very valid or node driven because the more value nodes, more meaningfuls that get launched, the stronger of a value proposition. It is for subnets to integrate with Google Pro, Google Pull, um, and launch through them. And the more subnets that launch through them, the more value is kind of delivered to the value nodes as well, which then, It's kind of like an upwards flywheel or an up upwards trajectory from that. Um, and then the liquid sticking side is there to help facilitate and help you the gasoline on that. So it's definitely interesting. I think you made good points as well about even the fact of getting G G Avax listed on a place like Ave or on some of these viral land protocols. Like even that, I didn't think about this, but even that will improve the exposure. That like letting people know, hey, there's Google pool as well. There's another liquids taking derivative, or another liquids taking token, um, on avalanche. Yeah. So feel like that we can't undervalue that. Yeah. Uh, this is one of the, I mean, this is one of the unique opportunity with an avalanche. That's because there may be some protocols may launch in future for now with what you guys are doing. I mean, this is pretty unique, so people might, might not aware, but, but yeah, I mean, if you know the value, they will definitely stick to it. So, yeah. And I feel like also the other hidden benefit here is that the G G P token is so clean, right? There's been nothing weird about it. There hasn't been crazy emissions for a couple years. Um, it's like there's no market making on it, you know, it's just, It's just the vanilla token. As a result, the searching supply is kind of low and the treasury is very high. Um, but mm-hmm. It's like, I feel like that is more ammunition. Cause I still see us, like you said, we're still in like the very, like the pre early days. I think you, I, I read that on your, on the Discord today, the message you sent. Um, and I agree with that. This is almost like the beta phase or the alpha phase for Google Pool. Where it's like testing the protocol. We've already, you know, we made mistakes, we fixed the mistakes, and then fixing bugs, and then just adding more monitoring, adding more security, et cetera. Um, and then so that as this gets more robust and maybe we get through one or maybe two more, um, get through maybe two more reward cycles, I feel like at that point it'll become robust enough that we can then deploy the treasury and increase the certain supply very aggressively. And to actually like increase promotion and scale up from there. What'd you think about it in the pre early days? I just checked also this morning. I think we're at 33 mini pools. Um, I feel like 33 mini pools in a bear market launched in a bear market. I thought that's pretty good. Yeah. And also last reward cycle, we were around twenties, so it means that we are still, you know, this, if you, if you compare this reward cycle, we'll be around 30, which is still a 50% improvement than the last cycle. You know, that's still a huge improvement. Yeah. But yeah, and, and like you said, we don't have market makers. We only, uh, re on decks with a huge liquidity. We, we have liquid liquidity of, uh, 500 K. It's not just that we only have. Few dollars worth of liquidity sitting and, you know, all this stuff. We have a pretty healthy liquid liquidity, so it means that, you know, even if peoples allow the deliver, we are still doing pretty okay. So, so yeah, that's something that, uh, people sometimes pay less important, so, so yeah, we have a very healthy liquidity, so, And the community, I feel like is very different as well. Cause even just hanging out in discord, I feel like the level of discussion, I don't know, we've talked about this a lot, vec, but I feel like the quality discussion is a lot higher than a lot of kind of different communities as well. Which brings me to the next question. How can we improve things or what feedback might you give about what can be approved for the Discord community and the Val Note community for us? Yeah, I think for this card community, I think right now I would say that whatever people we have at Disc card are pretty with the same mission as how I am. Pretty much they are interested in being a validator, interested in trying the protocol, interested in lan. That's why they're here, because that's a bear market for you, whatever users we have, or I'm sure that they will stick, uh, because they are here for a mission. So that's, that's being said. But I mean, I would say, For growing discard, because we currently don't have telegrams as well as you see. That's because some people, and we might need to setting up telegrams, and I know that we have been put on Twitter and discuss all this stuff, but for, for community side, you may need to expand on all social medias so that, you know, different people come from different angles. Some people prefer telegrams, some people prefer discard. So it's, it's better to have a discard a telegram there, so that. We can have more people there and start discussion on that, and we might need to start incentivizing them at, at a reasonable scale. Not, you know, sometimes incentivize, sometimes misalign, but we need to start thinking about incentivizing it. Maybe have a, have something that, that incentivize people who are adding value to the community. And then have some fun quizzes. Have some, have people. Write articles for Goa pool and, and host meetings or whatever. These are typical community growth driven, uh, approaches. And, and incentivization is the right amount of incentivization. Incentivization is the, is the best way to have community go and speak about COA pool that can be improved, uh, to get more users with, with the current set we have, right? I mean, those are our core hardcore, uh, avalanches, TP Max. So, um, yeah. And love it. And going deeper into the community and kind of incentivizing users, what type of users or what type of people in the community, if you just think about personas, uh, what kinds of people would be in your ideal community for G G P? Yeah. I, I would say we, we might need a diverse set of people, maybe people who are more into statistics. Read data about what's currently going on within the protocol and how it is growing and all this stuff. Some people. Okay. And the people who, who, who are familiar with different social medias, like Twitters or telegrams or discs, let them something different. Twitter. Twitter voters tell us your experience. Tell how good is G G P? I mean, they can talk about their own experience. They don't need really need to share us, just talk about their experience. So that's one way along with it. There are, uh, certain people who like to develop, uh, dashboards, you know, develop different, uh, products. Gs. So, uh, so those can also be incentivized. So we just need to figure out the right, right balance, you know, sometimes certain protocols over, uh, overcompensate by, by giving too much rewards for, uh, for small set of actions. So you just need to, as a community, I think that's where Dow comes in. So we, we might need to have a, I mean, I think pretty, pretty early we are right now, but, but once we are into the stage where we can operate a Dow model. Maybe we need to start aligning what kind of things needs to be incentivized and what, what skill we need and what Gogo pool is lagging. So, so, so those kind of, uh, stuff. Right. We may need to discuss as a community, write it down where we are lagging and then see what can be done to, yeah, I agree with that. Definitely. It's definitely on the list to go around. The aspect people, like what do they see as lagging from the community for the. Dashboard and stuff. What do you think? I, there's the one group, um, dappling, like I see Bookland and Kar in the, yeah. What, what do you think about the type of work that they're doing? Do you think that's along the lines of what you're thinking? Oh, yeah. That, that's a good example. Yeah. Dappling, I, I have been using the dashboards too. Yeah. Nice one. It's doing pretty good. Yeah. Those kinds of stuff. Yeah. It's pretty awesome. Pretty awesome. Yeah. Those kind of dashboards, you know, the, they doing the events and all the stuff and then. You can always see what's going on, who is in the pre-launch and all this stuff. Yeah. Those dashboards are real. Yeah. Tho those kind of people needs to be, you know, um, taken care in the sense that they're really giving a value and not only supporting the protocol, they're adding more value by creating dashboards and all this stuff. Yep. Exactly. Those kind of people. And actually, just for the other people that aren't familiar with Dappling, can you give like a brief primer or your experience, like who is dappling, what are they doing? Like who are the guys, what are we talking about? Uh, yeah. Okay. So I don't remember the guy name. I'm unfortunately, I'm sorry. But I have been using that, uh, D link, uh, for, for quite a, some time. So, yeah, I mean, when we initially launched, I think we were around 50 days or 60 days right now. Right. So yeah, when we were initially launched, there isn't any dashboard available you might have no visibility into until, unless you are an onsite, an on chain visa or something, you can go into. The Explorer and find those things. We, we really, we were really missing a dashboard that shows how many mini pool are there, h how many is currently launching, how many they're taking, how many is coming, and how many Gigi, uh, uh, have access take. So currently that there was no visibility on this, I think, uh, this tap link, uh, really helped. Kind of showing how many is there, I think when they launched around, I remember, uh, you only had around 16? I believe so, yeah. Uh, so that nice dashboard shows all those metrics that people need. Along with that, they also added a link where when you click on that link, they will take you to the contract. If, if you don't believe what you're seeing on the dashboard, you can always crash check. Oh, right. By going into the dashboard and all this stuff. So, yeah. And, and uh, with that dashboard I was looking at last. Distribution, reward, distribution, transactions and other stuff. Just trying to familiar myself. Yeah, those, those really helped. So those kind of transparency is what you need to see on the protocols. Nice. So it's not just that you just take and get a reward, you sometimes go a step further to understand now how the things are happening. So yeah, and I think that's just one thing really special about the community that that Google Pulse building is that. We didn't ask them to build any of that stuff. Yeah. Mm-hmm. They were just users of the pro, which blew my mind is that Yeah, we're at like day 15, day 16 or something. Questions started popping up. Um, and then they just, yeah, they built out the, they collected all the contracts, let you click into, look into the contracts. They built out the dashboards for what's the state of the protocol right now. And yeah, I, I checked that like five times a day, um, early on. And then they also built out the whole events channel and discord. And, uh, one of them DMed me, like, Hey, here's the plan. Here's what I wanna do. The bot's already written. Here's how you can integrate it into the discord. Basically like, click these three buttons. And I was like, oh, sweet. So I clicked the buttons to allow their bot into the discord. And then now we have that events channel that keeps pumping out. Like, you know, every time someone steaks, every single time someone un steaks, whenever a mini pool is launched, like all that stuff. Um, Yeah. Yeah. That, that was quite, quite fascinating. Supervisor. Yes. Yeah. Which is cool. I don't know any other community we're just the uses of the protocol. Heck, I don't know. They just get annoyed by something and they also have the means and the skills and also the time. And they're pro like, you know, they care about the protocol, right. So they evangelize as well and they just, cuz they're, I'm pretty sure everybody in the Discord are developers are, they're obviously bottom note operators, but I think a lot of us are devs in, in the Discord. Yeah. Um, so it's pretty fun. I know that he is still open for suggestions, to add features as well. So, so it's not just that he's simply, uh, built and forget, so he's still ready to improvise and add features. Yeah. Yeah. That's, that's awesome. I want to loop back briefly, um, as we're in our like last 15 minutes here, I want to loop back briefly to, you mentioned that when we said how improve Google pull for you, number one answer was, get me more silence to validate, you know, very simple. Mm-hmm. If you had to character characterize, what would an early subnet be that you'd be interested in validating for? Uh, that, that, that's a good question. Okay. So I would like to validate a subnet who have a good business model, of course, because sometimes you're really tough to find a protocol, are an app sharing with the good business models. So, and, and with avalanche, Yes. You see with more gaming partnership, I'm just expecting that more of the subnets will be on the gaming side than any other use case. It's just my guess, pays done whatever I guess seen so far. So I would like to validate, uh, those kind of games, maybe, uh, triple A game that's out there already, so, so yeah, I mean, the game, which I love, which I love to contribute, which is built by a superstars team, all this stuff. So, Maybe. Maybe I am. Maybe. I mean, even if you take the right subnet right now, we are still pretty early. We just need one killer subnet that that, that it needs so that people can talk about it and experience the power of subnet. I just want to validate that subnet, it can anything be either the existing one, which is currently permission going permission less. Maybe Dfk or Carta or maybe dk, whatever are entirely a new chain that brings in a new business model, new game theory and all this stuff. I'd like to validate that, but looking at what I have seen, it looks like you're gonna have a lot of gainings of nets in avalanche. So maybe a sharp metal, maybe that's something that I've been following pretty closely. Um, but yeah. Uh, Just, just, just looking to validate the next, uh, killer subnet. Very short answer. Yeah. Cool. So it's all about, like the most ideal is bring on a killer subnet and then open up access to that so that you can validate that. Um, but also because we're very early, just any subnet as well, because it sounds like, like I think there are a lot of. Technical question marks as well around the subnets. Yeah. Mm-hmm. So it feels like just bring any subnet so we can get used to what's it feel like to validate the subnet. But then really the cord juice here is like, that's all training, that's all preparation for the killer subnet that we're working on bringing to the platform, to the protocol, right? Yeah. Is that right? I feel too, because Okay. Yeah. We, we never know which one is going to be a killer one. Uh, and I don't want to be everyone to be a killer. Of course, I want to be, but. It's right. Actually impossible to have. Everyone is a killer. Right? So just, just, just any subnet, just experience how it goes into the existing model and how gcp, uh, you know, fits into that and all the stuff, how the better data is, earns that and all this. So yeah, just experiencing that subnet. Then we can see when the market is right and when is the best time. If you could use cases and business models, then the, then the subnet will drive you. So, yeah. Right. Got it. Okay. Feedback received. Um, and then another bit of question or feedback gathering here. Feedback. If, if I like, if Steven, me, if I could personally create some sort of highly viable content for you, what would it be? Um, maybe getting to know more about, uh, getting to know more about the backend working of. Of of the protocols. You know, right now for an end user it's super easy. The pro, the UI itself is sleek. There is, I mean, I would say there isn't a lot of guide needed for a user to come and, you know, validate or set up their mini pool and all this. So it's pretty simple. But what. We are what we got to know. I mean, during the conversations like, Hey, when is the reward? What is the eligibility criteria and how much max I can stake, and how the reward actually works and, and how to, I mean, those kind of things. I need to do it within this stage so that I can, eligible for reward. I mean, this percentage is, I mean, those kind of inner details in a nice written document might help, but so far I'm pretty clear because since. I have been with this card asking so many questions, but, but it would be nice that is published clearly, so that each new user, when they gets in, they can, we can easily direct to them and answer all those questions. Because most of the time when new, new users join, they were like, yeah, I talk about the science high about this, but what's, what's after that? How, how I need to be eligible, what I need to do with those kind of stuff. So, yeah. Uh, Brey, do you mind taking a note of that? I feel like that's a to-do. On the, for the marketing call later today is that it sounds like as questions pop up, we should keep track of those questions and then just release blog posts as well as update documentation as it goes and we can start doing it on some sort of cadence as well. That way there's like collected knowledge there. Yep. Got you man. For sure. Got you. Thanks for that. Thanks for that tidbit, vec. We're gonna get some content out to you asap. And if, um, let's say we start putting out this type of content, so getting to know more general, less so more the documentation stuff, but getting to know more about the backend working other protocol. Um, what would you personally want to take away from it and why would you read it? Yeah, I mean, since, I mean, I mean one of the thing I always like to do or mostly do if, if I really like your protocol is not just. From, from what I see from the end user perspective, I just want to go one level up to know the inner working of those protocols. So that's why I want to see all those contracts and how, what are those contracts linked work and how does that actually work? It's, I mean, it's not nearly a technical, you don't need to explain the entire quarter. It's just a basic understanding, and this is where the Ava stake DVAs go. This is the contract that holds it. And once you launch a mini pool, yeah. This is the contract that that takes the mini pool and then this mini pool, you know, kind of takes the AVAs from this contract. Maybe a flow chart, something like this. I don't know who, how many users cares, but, but, but for me, that gives, uh, good clarity on what, where I am putting my funds in and, and, and good understanding and how the protocol works. That's one of the thing that. Uh, I like to see on protocols, which I interact with. I really try to get that information. Sometimes it's available, sometime it isn't, but most of the time that that's lagging on most of the protocols. So if you can get that, then that would be great. Okay. And along with that, I mean, okay, I know that one of the user who brought up today is that how much I can earn, how much reward I can earn if I set up a mini pool or something like this. Maybe a guide. I mean, if you stake minimum thousand of act. Thousand worth of G G P. This is what you get with the current price and this is what you get. So this is the current a p, maybe a calculator, maybe that, that, I don't know if that is already available or still in progress, but a calculator for new users to kind of understand before this, before this setting up, they are known to, to understand how much they can earn and all the stuff in numbers that might probably help to, to kind of visualize what they have to do on the protocol. Yeah. Okay. Got it. So it sounds like, why would you read it is because you wanna see all the contracts, flow of funds, like where's the funds flow through the smart contracts. Because the why behind that is because it gives a good clarity of where you're putting your funds in and how the actual protocol works, which then gives you more confidence or trust in terms of like, okay, the stuff isn't magic, it's just code. Right. And I can like always look at the actual code to see what's going on, what the flow of the code is. Yep. Yeah, it's like a. Thesis of don't trust, verify. So kinda like right. Verifying, right? Yeah. Yeah. And then what, what would you want to take away from this piece of content? So you show like a flow chart or a smart contract, et cetera, then you read the content. Then what would you ideally want to take away from it? Yeah, I mean, if, if, if I read the content, if, if I know how these things works, as you said that, that makes me feel comfortable how the protocol works. Even if, if something was happened, if I contact as the UA for whatever reason, I, I can still access my funds through a contract. I mean, there is still an option available. That doesn't mean I, I just, if the UA is gone, I can still have my funds at this contract, which I can easily go and get. That's, that gives me one of the guarantee, which as I always has, you know, and, and, and who controls. And again, the information on who controls the contract and, and, and when, when, what are all the, you know, of course the risks of the contracts. Of course there will, there will be risk in smart contract in general, but in protocol level, what are all the risk? If, if something goes wrong or whatever, is there a way that user can extract the funds from, from this contract? So those kind for, for learning those kind of informations, knowing those details. The information, which I ask really helps. So, so, yeah. Yeah. Cool. Love it. And then last question for me, looping back to Google Pool, um, for you, Vivek, I know you're in a difference, you've been a valor node since Genesis, uh, so you're assuming you already running a node, um, or have been already running a node. So here Google Pool comes to lower the cost of staking. So for you, what is the main benefit that you personally receive from Google Pool? Okay. Uh, obviously the first benefit is more rewards than what, without me running you, without me running, not without, uh, G C P. Obviously that the reward being early to G G P, you know, being early, be there, be in bear market, stick to the protocol, you know, stick, stick as much as you can because this has huge potential. I, like, I want to be early, so it looks like I'm very happy that I'm early. And then again, I, like I said, it's subnet. If, if alanche has to flourish, it's only through subnets. If, if sub subnet validator has to flourish. I highly believe G G P plays a huge role there, so it's kind of covers so many layers for me. Okay. Validating. Yeah. I'm validating with more reward. Yes. And then I, I want to be validating subnets. Yeah. It's the best place to begin. Yeah, that's, that's been checked out for me. And then I want to be early on some of the most generative protocol in, in the ecosystem checked in. So it means that it kind of checks so many layer for me. And, and then, and then the great team. I know that I, I have been in contact with you for so long, so, so, so, yeah. I mean, very, pretty good experience with you, working with you and chatting with you and all this stuff. So I always like to, you know, work with team who has a mission statement there, so I, so, so, yeah. Those 3, 4, 3, 4 things kind of checks off my list of why I want to be with G G P and why I want to validate with it. So yeah, that's the reason. And yeah, thanks for having me by the way as well. I didn't expect this, this invite at all, so, so thanks for this little surprise that came in. So, Oh, for sure. I mean, it's like, I know we're hosting this on a Twitter space, so it might feel more markety, but really like Rey and I internally, like, we like the protocol and our engineers live off of feedback, right? Mm-hmm. So I know we're hosting this on a Twitter space, but that's more of a convenience for recording. Um, but this is like a, like you're giving us the oxygen, right? It's like your feedback is helping us kind of course correct and figure out what to build next, which is, you know, so thank you as well. I'm real problem. Cool. I love it. Then privy in our final two minutes here, how do you wanna take it away? Um, I guess we can just kind of do, I always like to do closing remarks cuz those are always fun. Um, I guess on my end I'll just go first close and remarks. We have an upcoming Ava ecosystem space this Wednesday at 3:00 PM e s t. It's gonna be with Arrows Market, so make sure you come and slide out to that so you can learn about them. Um, on the G G P side of things, I'll go ahead and let Steven give you kind of a, like a quick little update about what we got going on. I think we have a lot going on, right? So I think we have kind of two extremely core focuses. The first is the Google protocol, so just making sure that it's perfect for val nodes and for sub nodes and just making it maximally useful to the Avalanche network. Um, and especially making sure that we live back to the ethos of why we're all here, which is pushing forward the ethos of decentralization, um, especially with utility. And then, uh, the second thing we've got filling on is we're doing a lot of work behind the scenes. Um, to help sometimes get launched, build out tooling for them. Um, there's gonna be a lot of announcements I would expect over the next 30 to 60 days. Um, if you wanna hear the announcements earlier than that, you know, come into our discord, ask questions. I think we're, I don't know if youve, I, I feel like we're a pretty transparent open book, but what do you think? Yeah, pretty much the same. Yeah. Most of the time, most of the time I get to know so many things. Based on your answers I get from Disc card, it's like, oh yeah, because if we're missing dashboard, I know that Ling was being ready and then you, you, I mean I remember that, I don't know if it's you or someone else, but come in and say, yeah, we are working on a dashboard and within, within a week, I think the dashboard was out, so it was like, it's not like that you're hiding something before the announcement. It's, look, looks like this is still an open place where you can get lot of alpha so. Yeah, totally. No. Yeah. I think, I think like our whole team is also very mission oriented here. Yeah. In that mm-hmm. We also recognize subjects are early avalanche because of subjects. Early avalanche is also early. It's also, you know, I think it's way earlier than most people think. Um, and yeah, I don't think there's any room for a group that's not transparent. Right. It's like the, the only way you can build a crypto ecosystem is that being ultra transparent, sharing everything, letting people build on top of you, letting people. Like update their own roadmaps. And I, I feel like it's, no. Yeah, I feel like it's really important. I'm pretty proud to be on our team and especially with our desperate community as well. Like, it feels good to me that we've been able to attract kind of the caliber of, um, people to the community as well. Yeah, I agree. Cool. Feedback. Any closing remarks from you? Uh, nothing specific. I mean, I would like, I would encourage. People who are listening in. If you're a validator wanting to be validator, give that a try. G G P will absolutely love it. Hit me up. If you need anything, I'll always go to disc card. Yeah, we have a lot of awesome people, awesome people helping each others, so yeah. Okay. Appreciate you so much for that Love va. Again, thank you so much for coming on today. Uh, especially at, at so late, but. You know, the good thing is you get a little bit of g g P alpha right before you go to sleep, so you can sleep well. Um, to anyone out there who just kind of popped on, don't worry, you'll be, we're recording this and we're gonna get this up on, uh, Spotify and all the major streaming platforms very soon, so you can check'em out on there. Uh, again, man, thank you folks again for coming out today. We will see you guys next time and oh, oh, oh. Don't forget to hit the Google pool profile and hit follow if you have not already. To stay up to date on what's happening with Google Pool and for more Ava validator spaces like this. It's been great talking to everybody. Peace out friends. Good bye everybody. Thanks man. Goodbye.