hi guys I'm meow I'm a cat a fun story right people ask me asking hey um why you call meow do you have cats I'm always like no I don't have cats I am a cat so that's it's true it's true I don't have cats yeah all right um so sh go for it all right let's go um all right so let's start Banger all right all right guys I'm also tweeting it live one second multi-channel announcements all right let's go can we get a drum roll real quick can we get a drum roll from
the audience here all right oh we don't need one here it is [Music] [Applause] go okay so so for the first now day I'm really happy to share that like know Jupiter has acqu Emer M hey pretty good right yeah so anyway m is obviously everyone's like favorite M trading app right and obviously has gone a ton of traction recently and one of the things I think we have been working them for a couple months now and then like they seriously guys like moonot is like the smartest best most brilliant people that you meet right
so I think you know we are I think we share a lot of like similar views and ideas and perspectives of the future of like crypto and mcoins and everything all right so he said been really happy to just like share that be working that more in the future cool how I feel about this good yeah pretty yeah go let's go it's just the number one app in the app store right now not a big deal that cool all right so that's one all right so um okay so I think um you know I think
let's go on what next right so um so I think um talk about the product e talk first right I think um the first thing talk about is like kind of how actually jupit right the thing that we always always always try to work on right so try to think what is the hardest like ecosystem and user problems right facing right for example whether it's liquid fragmentation or it's a token scams whatever it is right hey how do we kind of make the life right much easier for the ecosystem and for users um so I
think um you know I think uh I mean like it's also interesting because right now the the I would say the operating bment on saana two years ago was like friendly right you know there was like three liqu VES I can't believe it three years ago they were saying oh there's not enough things to trade you know yeah that was two years ago but now it's is different right I think it's a very adverse environment now tons of sandwiching tons of scams right extremely complicated transaction and S environment and 880,000 tokens a day right so
kind of like how do you do it all that I'm saying so that's it's the first I think that's the first I think overarching problem they going to see right now the second product it talk I think you know what I I I love this quote by Stephen Curry right he always said you know I'm not the I'm not the fastest I'm not the best but I try the hardest right no one no one no one right tries hard than me right that I think we are like yeah I mean it's I'm not saying that
we stepan car or Krypto I'm not saying that but I I feel like we have similar like a product EOS right like we we try hard right I mean seriously I think we up sometimes but then we have a really good customer service I try really hard right um yeah I think um no I think we really experimented a time last year right I mean honestly these things look easy on paper but it's really hard right where instant like getting instant on New Pools like transaction optimization like really trying the hardest to like figure how
to do cage right it's difficult right how to do land transaction how to do scams for example there are a lot of tokens that create a new uh that create a new token right and have and put a c in the name right or for example they create new token and then they have a same name and they put a single-sided liquidity right and they add drop and they they make the the look huge and they addir drop the tokens to people right so a ton of goes on behind man that we deal with right
um that so don't I think uh the thing actually know we actually multip on how rank tokens and also we also let a major reduction Z cost as well right we rot the entire R contract um to use a much lower optimized system yeah so um V3 actually you know never start changing so I think our is number three guys you can tell it's number three okay my sides are wrong U always in beta yeah cat now all right so you know I think okay let me check I don't know what's about to happen e
here folks so this is a mystery to all of us okay yeah it's live all right y let's go it's not like we just we just deployed it yeah so the 100% reinvented uh J her life right you know and it's actually fully in beta right like guys we just wrote it like production yesterday okay that's why didn't that's why we didn't slides you know because because we were rolling stuff you know yeah all right B is in beta so PR genter right I know you guys are nice you know you guys offer like the
best um always the best kind of all right so um so first what's let's go changes right so what what's change so first of all sport V2 I think we actually did a major changes across all three things right whether it's across the instant swap like trigger orders or recurring orders I mean they used to be called like like swap and DC by change it to instant trigger recurring we we we doing that really big changes right across all three things um I think first of all Ultra mode yay so basically I think Ultra mode
is our thing where we go like um you know we we offer like a much um uh much cheaper much better option the other system and the the main thing we do there right is that we do for users right we have three things right we have real time estimation right that mean that we interated a fully like something that tracks all the transactions and all lending Road time right to figure out what the best sitation might be right and down priority fees and also optimize transaction Landing um so I think um and I thought
also this rocks I think we're also rolling our Ultra mode for developers right so no web Tre RPC cost like no transaction Landing worries or no cages right we take up every single thing right this I think will actually fundamentally change how we develop on crypto because it's like if you take away that the things that cause the developers the most heada by far right if RP C we transing I think we're going to see a whole new set of developers be able to kind of build on top of like crypto right so that's the
thing we're working on right and be up pretty soon yeah um well guys this thing is a pain in the ass man but it's I think be good um so basically we we we we innovated on like crypto's first like real time C estimation uh like so we take into for every single token right we take the real time price for account right and real time heris stics like okay is it isession token the tvl volume the volume St to rise all kind of stuff right and we use real swaps and transaction rates right to
uh success rates and inage right to figure out like hey what is the right cpage for you right in this current moment and okay this is a topic that's actually very very important to me right let me let me sh with you why um you know we tend to blame sandwiching right on validators right weend oh this VES are so evil the users and stuff but I mean it's kind a mixed feeling on that because mean crypto is it's a profit maximizing Endeavor right many ways right so you cannot really buing the validators right for
taking free money right so I feel like um and so I think for us I think it's very that is a problem that I think is hard to solve right but if you look at the root of the problem right the users all lot them do that the applications a lot them do that right because why because there's this culture because I trying to snap snap the coins so everyone is setting that crazy high like 20 30 40% Cates right to try to get true right and that that very very very high Spirit settings right
it's actually what causes the all the sandwich attacks right I'm saying so it's my feeling that so it's actually our team's feeling that if we can actually really create a UR right that really emphasize that hey what if we make S disappear right the user doesn't worry about that stuff right I think we'll go a very very long way right into reducing the sandwich problem I think it's a big time right soly we are doing that I think U you know because we think that for um we really think that's actually really important right for
the user to extract away everything whether it's fees or like cpage right so that's actually the the Big Goal Ultra mode right we want to make the ultra mode thing like as easy to use as anything else yeah so yeah also but obviously the man is still there right so we're going to make the we're going to make the most powerful man anywhere in crypto right whether it's like so we're going to add new direct routing options whether it's a direct Ting simple outing or optimized uh we're going to have multip broadcast options where RPC
or or more entally think about it right it's quite simple for us right um for instant swap we're going to make the best Ultra mode okay like everything automat right and and hopefully we guess that at some point too and then for man it's a really powerful so kind almost like a um automatic car a really good autom car and a really good sports car right one of those two things so I mean right now it's kind of like a little bit of both I think a manual is not very not very customizable and auto
is not very Auto right so I think one of the big things that I I think I really pushed for the last couple months right they say hey guys forget it let's build the best sports car right automator you can you twe everything you twe and the best um and the best automatic car right you just drive you you press button guess you do where you are kind of thing right nothing in between right so that's how we think about it right nothing between the best the best and most simple self-driving autom mode and the
most uh most uh most comprehensive manual mode one of those two things done right and uh in both in both cases we will really hard to kind of improve those two things all right and Trigger orders okay so first things first right I know our limit orders haven't been the best right um mainly because I think that there two many tokens right when the when when guys think about it right when you have a when you have a set of tokens when you have like a 100 tokens to care about okay you know your orders
is pretty fa easy problem right but then what happens when you have like 880,000 tokens a day right and everyone trying to set the extion tokens it BEC a much harder problem so so with that in mind I think we are really going to push forward on the idea of trigger orders right that mean that we're going to Tri we trigger the orders at much more PR timing and also have much more smart execution right to cater to Long tokens uh so we'll be rolling that out very soon right next couple weeks so oh this
this I love this one all right so here's the thing we are also introducing a new a whole new class of metrix right called organic scores right um okay again this is this is in beta okay so it's is very very new right now but we can check it out right now actually you can go to like tokens uh I hope it's live now I'm not sure but then um it's live tokens it's live the on the menu bar Aon it's live on the menu bar okay okay okay cool awesome it's on the menu bar
check it out so um but you have this organic scoring thing basic basically like you know how on crypto there's tons of was trading right tons of was trading tons of fake data you know tons of like fake holders for example I like hey you can send a token easily to like good holders who cast kind of thing so I think for us I think we are actually so we taught very hard about hey and every single matal that's easy to game like really easy to game right say how do we actually game this thing
okay so say Hey what if we actually have a Evergreen list of wers that we are very sure are actually real people like you and you and you and you not this guy but you guys right um and and and and and we track activity in real time right basically if a token is legit it should be it should have a good amount activity right among real people right right you know so I think that's actually and whether it's buying volume or holding volume or selling volume so that's actually the thing they doing to be
clear though this thing is much in beta right like okay with any kind of metric system what is actually really important is feedback right so you're going to need everyone's feedback to help us improve it I mean some tokens might be SC way too low some might be SC way too high right you know what I'm saying but we're going to we're going together sounds good cool cool no it's it's very important here because I think uh we really really want to develop a set metrics that um with the community right that can actually um
do well that can actually be useful you know so I think um and this will not be easy but want to together you guys cool all right next up is jup Sho um this as well we're going to put this we're going to insert this right into our Swap and this year and L so all our major things and apis will have this thing basically we're going to like really do a lot to protect against that buying scan impos tokens and what not so we're going to put that right in the middle of it right
yeah so um that is machine learning it's fine all right okay so this actually no one cares about this per se but I care about this talk about it okay so basically one things I think we uh we do a lot of work right since idea ecos token list and may talk about that in a bit but basically I think we um most most systems use token list uh and then we got we actually get a major upgrade so we include the organic data once the organic score becomes more trustworthy right or better right we
insert this trustworthy we insert Oran score right in the token L right so everyone can get access to it right and then can also build in the right UI to come protect against protect users against scams and then the other thing that do so so we're going to allow the community to contribute directly right you know so so basically anyone in the community as long as you have a certain level of um of jup STI or certain level of jti or certain amount of like a um like a a Twitter reputation you'll be able to
kind of contribute directly to a token itself yeah all right and uh and also there there there still be a major update to J mobile as well right as you guys probably know by our reler spamming we we have buil the best invite system in crypto I think Super fully decentralized super nomy friendly everything right and then we also we are going to integrate Ultra mode fully jupit mobile so it would really I mean give me two months three months right the Jupiter mobile experience right will be extremely close to a sex right I promise
you three months around there right there there abouts and then you know and also the the compet with Organic SC and we also going to show un viw a a pretty cool F Lor right but I will show you later on but we our our engineers really cooked on this one all right so okay and you know what major part out there uh you know we're going to have a complete new new US liit orders right that's cool finally coming right and how you talk about that in a bit and we we're going to propose
and uh we're also going to propose a a major update to JP right which is um you know how many here no JP yeah it's a it's a good one I think but um but we're we're going to um but there some there are some things that are like not that great about it and then we're going to like make it better okay because at Jupiter we never startop trying all right all right oops sorry yeah another thing here is I think I think we also said that on stack so we're going to simplify this
process right in know previously any lgy it's it's a really big process going down and all that kind stuff so we're going to kind of really simplify this call right do a TCH verific and dis St our talk a little bit more but essentially I think our the the LG process of the curve and the jup verification and the distribution is probably kind like I think probably the most proven like launch stack right you know for like no big projects so we're we're going to actually like r at some point too all right that's it
so you know so that that's the that's the new G AG um everything WR in beta we are going back to Beta okay so I'm serious beta okay I mean you know so please reg genter okay yeah it's a lot work all right okay um I'm almost done so you know Jupiter never stop will stop and um that's it thank [Applause] you oh by the way guys a lot more to come a lot more to come yeah