i'm going here we go yep yep yep yep gm my child's about to go to school and i'm i'm not exactly sure what he's wearing do you
what's that you're muted we're starting off great here adrienne
oh you guys are still snowed in she has
we got out for about two hours yesterday afternoon and then we got more snow overnight so
oh my god like you guys understand you don't have to live there right i just wanna make sure everyone's clear on that just saying just saying this is the same conversations that i have with my family up in massachusetts who got slammed like hammered hammered by the snow
it's actually fine but i literally feel so what happened is all the snow on the roof has also fallen right outside of my house
right
unbelievable by the way did you see the video this morning from our friend our friend jonathan colton playing in the snow he was like just sliding down the street yeah he was just sliding down the street like he was on a skateboard but there was no skateboard okay maine has normal snow okay
that's normal apparently my yeah my family up in southeastern mass is just yeah they're they're hunkered down they're hunkered down sending lots of pictures i'm like you guys anytime now you can leave i promise you it'll be fine anyway alright everybody we got some stuff to talk about and then we have poof coming by from d x terminal that's gonna be a great chat i was playing around with that last night and getting things set up
because how cute is that that's my flamingo that's my agent and he's getting all ready and yeah so i'm excited to chat more and hopefully get some maybe we'll get some alpha so if you are watching please share wherever you're watching from share the mini app share on twitter and we are gonna get started and we'll be back after this forty one seconds
welcome to gm farcaster bringing you everything from breaking news to spicy memes to the deep lure shaping this vibrant digital community more than just a show gm farcaster is your digital third space where the community connects the stories unfold and the culture thrives whether you're a daily caster or just dropping by we've got the latest buzz to keep you plugged in so grab your coffee and let's dive in with your hosts matthewb and adrienne for another episode of gm farcaster
i'm still tweeting out gm farcaster it is wednesday february 25 and you are here with nounish prof and adrienne for twenty nine minutes of farcaster news to start your day actually probably a little less today and then we're gonna have poof joining us poof.eth and oot that did not tag him properly
fantastic laughing you gave me a job to tweet today because i usually just do our farcaster notifications and it's not tagging poof so now i'm
so i'm gonna double check that hi
i tell you oh it's underscore that's why i did hyphen on
lord help me that's why that's why i got it confused i'm from dx terminal
joining at nine okay anyway
off to a great start here we go those who are listening to the recording hopefully they just like pushed ahead amazing alright and i'll have to grab that other image in a minute but i'll do that later alright let's dive in i have to start with the most important thing adrienne yesterday i learned that you have martha stewart beat on one particular bucket list item what was that item again
that's right she called it flying eagles in mongolia is on her bucket list that she's never done and i have so suck it suck it martha i think is what symbiote said
suck it martha yeah unbelievable that was really funny suck it martha there you go love to see it
has already emailed martha i sent him the video and he already emailed her to invite her personally because they run the tour every september and we'll see you know i'm not sure exactly where he got which email he found online for her but we shall see and martha if you're listening to this i recommend kazakh tours
there you go i i'm sure she is because i hear she's a big fan of gm farcaster there was i still haven't watched it but i saw a clip my my favorite one of my favorite podcasts is giggly squad
so love it and paige does she works with amazon live but she does everything from her bed like they she talks about different products and stuff and she has guests and she had martha stewart on and she was talking about this leading up and not telling who it was but she's like this is the biggest one i've done i'm so nervous all this stuff and she had martha stewart there and she was freaking out about the whole thing so we can maybe point giggly squad to towards that i'll i'll let her know reach out to martha we've got the hookup alright just loved that thought that was hilarious okay moving on neynar getting very good to check with market action because i yesterday had tagged or two days ago hey neynar why are bitcoin and ethereum dumping and it gave some great messages it gave some great insight but also it turns out james street which has been an interesting group of traders or hedge fund i'm not exactly sure what they refer to themselves as you know of the sam bankman fried and caroline ellison fame and and others in duquan they're they've got shut down yesterday so things started going back up so that was good they've been market manipulating for quite a while so that's helpful things are moving a little bit in the right direction again but yeah it's been it's been a mess so my point of sharing this is if you're curious about things that are happening even beyond farcaster you can tag neynar and if it's something in neynar's wheelhouse i'm gonna give you a good answer because the answer was short answer macro chaos and leverage unwind i'm like that sounds about right sounds accurate moving on tomorrow speaking of scammers and various corruption apparently we're getting a major investigation from zac xpt tomorrow dropping february 26 on one of crypto's most profitable businesses where multiple employees abused internal data to insider trade over a prolonged period of time so what was really good is this narrowed it down to very few because it's profitable businesses in crypto so you know we got we got a small group that's competing on polymarket right now for the honor you can go check out who who everyone thinks it is i'm not gonna say because i don't wanna you know get sued for defamation if they're wrong but you can go check out polymarket on this one and see what people are are speculating on but we should know tomorrow what zach's what zach's been working on alright moving on to some farcaster news rish was on 11am with seed club yesterday i didn't even know they were back because they were off for a really long time like they hadn't done anything since december so i thought they were gone like i thought they were just like not coming back this year and then all of a sudden this week there they are and he had a good combo with with them and you can find the full like just rish's interview if you go to the farcaster account on twitter you'll find it there so pretty cool did you get a chance to listen to this yet
i didn't i didn't get a chance i saw it too late and i i was doing i was honestly setting up dx terminal didn't get a chance so what did you think
i had it in my yeah i was listening live while i was shoveling an area in my backyard for my dog to go outside and use the bathroom and also
to solve the driveway so i could get out okay anyway rish is so cool he's i i shared some thought he did a great great job talking about kind of his perspective and vision for farcaster i thought the c club guys first of all they did a good job in the beginning just going right to kind of gossip
oh great
like can't i now i definitely wanna listen
yeah like the first question was like how did it go down was it in a dm or a phone call like were you surprised so kind of like asking those types of questions
that's funny
so that's always fun and the only thing i really hated was they were really trying to play it that farcaster is not cool
oh interesting
and that's the problem with farcaster like kind of like the farcaster's dead and the reason it's dead and the re is because you don't have the cool people there
because we don't have cool people
and how do you get like the cool kids and why aren't you like how do you make some how do you make it attractive and cool
oh my god okay
i have news for you i have news for you you know what you know what see clip guys the coolest people are actually on farcaster i'm just letting
i'm just letting you know actually actually
and i mean like twitter's not cool it's not like oh the cool kids are on twitter no so i just can't even handle the obsession with coolness but
yeah whatever it's really funny
just first of all rish is super cool like he did such a good job of also talking about one he's legit cool like if you met him in person and he's he's
and and brilliant and just brilliant yeah
but he also does a good job of just kind of deflecting back of like what does it mean to be cool your cool is like that it's not actually objective
i i have to i can't wait to watch this later yeah i'll definitely be listening to this in a little bit but i just didn't yeah i just didn't get a chance i actually had to go to campus yesterday so i was focusing on some other things yeah i'm sorry yeah
and then these guys after after rich left but it is worth it just to hear i mean like it's it's like i think rich does a great job of getting you excited about farcaster and at the oh after he left you know they continued to talk about farcaster and they're a little bit they're like oh we've tried farcaster you kind of go in a little bit is the juice worth the squeeze and it's not we like we'll we'll go back in we'll try it again but it it kind of isn't and
that's to me okay so i think that's been an issue for a long time right that a lot of people came in because they thought they were gonna first of all make money was the early like you know around degen like some of the quote unquote cool people from crypto twitter where i was like ugh please you can leave again it's fine it's not about that and if you want to be intellectually stimulated and you wanna see what people are actually building on top of crypto not just trading not just you know screwing around but actually building with crypto then it is the place to be period full stop like you would have seen bankr come to life you would have seen degen come to life you would have seen you know base from early early days long before anybody was even talking about them like pre before it launched mhmm like it so you know that's what i'm here for it's like let me be privy everyone was talking about privy long before they were really talking about it much on crypt on crypto twitter so like that to me is what's cool i prefer to live in the future with these amazing builders
farcaster as an incubator haven't yeah a little bit a little bit of an incubator pricing so yeah
that's funny
and then at the end what really got me is they were like well i like what farcaster has to offer which is like open access to a social data that you can build on that you have like you know you don't have to worry about getting run from the api that you own your identity that you like it was like oh oh that you can create a mini app and have your social like all of the the things so it was like that's really cool i really like what farcaster has to offer just wish it was at scale
well it ain't gonna get there
if you don't use it like you wanna help it get to scale help it get to scale oy i tell you they want every you know it's the bodybuilder thing you know nobody wants to lift no heavy weights alright well
i'll be what you're up against it like you know net effects network effects is are very very strong yep so anyway great job rish the cloud talking too
thanks rish for you know at least doing the work out there alright and this from dish come on don't you do this to me clanker comic sections is now visible in the warplet goal here is to surface as much info as possible to make trading tokens safer so you could you can see all this data if you go to like the token page on clanker.world but now it's right in the wallet so you can see how much is vaulted you know how long is the vault all those kind of things it's what's the sniper tax at the start and end how long all that kind of stuff so you can see all that in the wallet now so that's exciting that's nice information you can check that out before you before you buy this from okay so the other thing that was going around that everyone's talking about which i haven't even read yet also another thing i haven't done yesterday article that everyone was talking about yes it's the latest ai doomer article this from six nobody here even read the citrini article they're too busy building snowmen with their families instead of preparing for the impending ai deflationary crunch of 2028 i need to warn them it's like get six please go and while you're at it just knock down that snowman
me get to it
spoiler alert
i don't think i did i don't think i pulled yours you can pull you know you can pull casts
she's been on vacation but that was really funny too yeah no one in line no one in line at erwan had read this intriguing article this and then this was really funny from eirrann iran i never know how to say this i don't know what article dan is referring to neynar couldn't find it for me either when i asked for context i've also never been to iran i've honestly always driven through la and the surrounding area as fast as possible it's a strange reminder i spend my entire working week deeply immersed in research on esoteric topics usually a new topic or at least a new angle on a familiar one every few days yet there are so many subjects so many contexts of which i remain wholly and blissfully ignorant life is short there's only so much we can know good point but also here's the article and it will be in our show notes should you want to read it and then there you go so neynar is not quite there yet and this from two twochanz fc suttrini article hits different so we also had this article from joan westonberg dawjoan my thoughts on farcaster why i'm here and where i'm at why i'm here and what i'm doing and she's been seriously she's been talking about been taking some time to seriously ask what i'm doing here and why i'm still here and so i think this is a good moment to reflect on those sorts of things so i know why i'm here i had no doubts i think a lot of people are reflecting on that though so i think it's a good time to have those conversations and saw a lot of positive casts about this any thoughts on that one
just to plug and read it it was great good reflection and i think one of the i think it it comes up a lot now obviously with the acquisition but then also with the talk of forks and the hypersnap fork and it kinda then people have to choose like why are we here what are we doing why are we here what are we doing question time yeah and you've got all the there's been a lot of talk of decentralization and promises you know and we talk a lot about the benefits of farcaster and why it's different from other socials in terms of composability access to open social graph mini apps and all the kind of builder legos and without decentralization it's a little bit of a don't be evil versus can't be evil
yeah
you don't have like the same guarantees that it will always stay that way if you don't have full decentralization
and i
sort of the yeah that's i mean that's decentralization in general not just specific to farcaster so oh yeah yeah
yeah so there's no benefit in decentralization except you know you can you anyone can give you a benefit it's just decentralization is what gives you the promise it's kind of
the they can't be able yeah
yep yep that's kinda where i see this split on the fork which is one side of the fork prioritizing decentralization above everything else and the other one kind of going more towards progressive decentralization and yeah and and and more of a pragmatic build growth first mindset so one of the things i think joan talked about was okay all that being aside like i gotta just i really like the people on farcaster
yeah
it attracts a certain type of person and we saw this so much early on which is like okay well it might not be decentralized but it's attracting people who like decentralization and it oh it's it's a builder haven and maybe that's good enough for now is yeah like that was kinda my takeaway it's like at the end of the day i feel really good i'm paraphrasing and i see but i it's like i feel and i because i also agree it's like well how do i feel when i'm using different socials like i actually do i feel smarter and better using farcaster and i like the people so you end up sticking around to help build it out
i think that's an excellent point because you get different vibes on different social media right so now when i go to facebook it's always a little every single time there's something sad and it's it's people fighting and it's also here's who died last week at least in my world like it's somebody from my you know a family a friend or some you know something happened somebody's family member whatever so that's and and then occasionally you get the wedding the baby the whatever but it's that kind of stuff it's people i know r r l and just what what's going on in their world so it's it's kind of a mixed emotion and not always fun i go to tiktok it's a time suck but i usually laugh right because of the people i follow over there i either learn something or i laugh at something and and i keep it limited and that's it instagram i literally only use to keep up with the real housewives that's it just bravo i'm looking for bravo letter i'm looking for gossip i don't want anything else over there and and little nouns little nouns very active over on instagram and i enjoy their content so that's about it that's it but it's kinda funny and then you know twitter is like you know the shit show sometimes good sometimes bad sometimes news sometimes lies it's just you know the shit show and the car wreck and you go over there to see what's going on with the car wreck and and then you know occasionally you get some good stuff over there too but i generally feel really positive when i'm over on farcaster and that's where i spend the bulk of my online time kind of related was this cast from matthewb and i feel this in my bones feeling very disconnected from normal people these days and i talked about this when i went on a cruise recently with my college friends of like i i i was having anxiety even ahead of time of like how am i gonna explain this because i haven't seen a lot of these women in years so i didn't know about you know any of this and i'm like how am i even gonna talk about this and then like having conversations about what was happening because that's when i think claude bot had just taken off and all this stuff and i'm like how do i even talk about ai agents with normies it's very challenging but i see poof down there and poof maybe can help us with that who we're gonna talk to people normies about ai agents in just a bit bringing him up in about five minutes so there we go got a couple more quick things before we bring up poof so let your friends know he's about to come up this from 0x and bankr at eth denver so that's like they had a fun a fun little time there so i didn't realize that they had partnered up so very cool i see some of our friends there from matcha and 0x so i really want some of this merch basically most of my fomo from eat denver was merch related or people related that was about it but this looked like a blast like this looked like a lot of fun great event so just wanted to kinda show that for one last eat denver fomo moments but it looks like they had a great time this from kenny oh actually one more no this was something else this is pics taken around from around the world minted on chain incentivized by an ai agent so ai agent miss a bot what yours what your city looks like for a chance to win will send a $5 bonus to whoever she selects so the the ai agent posted this apparently and people were posting their view from their city all around the world and getting rewarded for it so it was kinda cool this from chaskin.eth we have to work harder we really can't change the world so dan over on twitter had asked vito4ka what keeps you motivated and vito4ka answered the knowledge that our community and technology that it's building is a very unique position to do something really valuable in an increasingly complicated world and that a positive outcome here is not automatic we have a responsibility to think it through and what and make it actually happen and i kinda like that that was some good thoughts there any comment on that adrienne did you see that by the way i don't know if you even saw that
yes and just in passing and somehow i've read i thought that was like an old ama from farcaster that chaskin was revisiting and i didn't realize it was
no it was over on twitter okay yeah it was over on twitter that's i what i i believe that's what it was unless i'm wrong and a couple more things so the we hit the four year mark for the ukrainian war and vitalik had posted a couple little hearts here and irynar had said thank you so much for your support with your help we were able to provide so many life saving supplies medicine and food over the past year i hope everyone knows that you don't just support with words but are actually doing something to help save human lives it's very rare and it means the world and then symbiote had posted some art that was from that time period that had come through timepieces and was a fundraiser there but metallic has yeah has supported through a lot of donations through crystal hearts and this was from irina who is a active participant on farcaster it's already the morning of february 24 in ukraine which means exactly four years of full scale scale war and it's been twelve years since russia first invaded ukraine all of us have distinct visceral memories of that day whether it was waking up in ukraine to missiles fighter jets and explosions are being far away and desperately trying to get ahold of our families and friends figuring out evacuations and way to help and she kinda goes on to share about her experience she's been working with crystal hearts to support a lot of the you know activity there refugees etcetera so go take give that a read and then also vito4ka victoria also talking about this as well and i found these very moving i i absolutely can't read this because i will start crying and we wanna you know bring it back to a positive place but i'm you know there's a lot of folks who are experiencing war where they are right now and i just want to send them lots of love and hope that they are safe we've got a lot of people who watch this show all around the world and they are experiencing a lot of challenges right now in particular so just sending you love peace and hope that we can move past this moment in time alright we need to shift gears because i'm gonna share this real quick just to kinda tee it up before we bring poof on this was from my friend patty ten on farcaster we're back d x terminal pro only ai agents real money the first on chain agentic market experiment launching two twenty four which was yesterday on base they're in control you're just on call we're gonna learn what all of that means i was setting things up yesterday and i love my little agents because if you notice i've got my cryptoads hat on today because the nfts from the from the the i don't wanna but the early version of this the the non no not real money version of this were created by brettdling so love that so here are all my little agents i am currently using this one and we're gonna talk more about this in just a second so let's bring up poof to dive into it all so welcome poof
welcome back i should say
it's been a minute and i don't know if you saw my background
i love it i've got all my i got my little guy there he's ready to go
his name his name is professor as well so incredible yeah so i'm really excited and i got things set up i was i was doing some allocations and getting deposits in and getting ready and i know that a lot of people don't know what we're talking about so including adrienne
let's be honest so let's start from the beginning what is dx terminal pro what are we doing here what do people need to know at the ground level and then we'll dive in a little bit more on the technical side but go go ahead get us started
absolutely so yeah so dx terminal pro is and and you said it well it's what we're calling an on chain agentic market and it's kind of the first of its kind where essentially we've set up this environment where on chain fully on chain you've got a space where people can interact with agents and control an agent that has a wallet and trades you know real money but they're gonna trade in a meme coin environment that only they can trade in so it's only agents so it's gonna be they're real coins they're real meme coins that are birthed through the experiment and it's real money real uniswap pools etcetera but only agents trade it and it's basically only through the system so it kinda changes the paradigm a bit of how people are thinking about agents in the broad market and instead it's this agent only market where you're kinda orchestrating and trying to give it tips and set up its strategies and stuff from as the human and then there's some other things that we've done to make it i think more exciting but also to explore the space of what you could do thinking about markets as kind of like an orchestration mechanism for agents and we'll get into agents and all the the even more nerdy stuff at some point too but yeah
and this is essentially it's also gamified right so if i'm understanding it correct there you're we're starting with six meme coins in this in this game game so to speak but you're using you know real funds right and then only one's gonna be left standing is that correct
yeah so the way it's the way it works is essentially it's kind of the fund tokenomics that sit on top of it which is we'll start with these 6 coins and depending on how you know users can allocate right now and put some funds again on behalf of their agent before it like starts against one of the six if they want and then once it starts for the first week there'll be a number of coins that kinda emerge and come out and are available as well for your agent to have and it'll go up to depending on the way everything goes they'll go up to like 16 and then starting at week two there'll be this mechanism called the reaping where essentially the bottom coin is gonna be taken out and we've done things in the tokenomics to make it not totally punishing when that happens and kind of actually becoming a distribution mechanism and then essentially it's gonna go all the way down to one coin at the end so it's like agents humans doing survival the fittest and we call it like an inverse launch pad so if you think about it you know one of the things that we saw actually even in dx terminal one though it wasn't real money but also seeing the market did the launch pads today are just basically coin spam which is interesting and it's it's actually i don't i don't think that's a flaw but they're kinda one dimensional or that's that's one dimension that can be explored this is like it's gonna evolve out whatever the market together with agents together with people decide is the best theoretically it's a community coin it's not a dxrg thing and then we'll actually make that one public because all of it is real coins real you know uniswap pools and everything else so it's just gonna emerge and go out there
so right now like with the 6 coins and others that'll follow until that happens they're just kind of in this environment like they can't be bought outside of dx terminal is that correct
correct so you only so essentially what's kinda interesting and we'll see how people react to this they're still they're real coins and it's real pools and you know one of the great things about uniswap v four and the way that all this is set up is because it's all on chain they're gonna be appearing alongside any other tokens on deck screen or whatever else just literally only agents are training them so if people wanna participate midstream or kinda jump in they have to go get an agent and set it up during the the whole situation
and the way you get an agent is you you have to have the nft so you have to go over to opensea and buy it there is a link within the terminal to do that it'll prompt you i think if you already have one
we made it super we wanted it to be accessible where like people didn't feel like oh i need to participate in the first one or anything like that so you can do an auto buy relatively easily to set it up just through our site actually on terminal.markets
and adrienne if you wanna play this and you don't have one i will send you one i have many to choose from can you are that's actually a good question i saw somebody else asking that can you use multiple agents
so we we you can theoretically and there's people who are trying to do multiple agents i think the technology and the way that it's set up like i think people are probably not prepared for the fact that it's like literally twenty four seven your agent will do something every five minutes so there's not we wanted to build it so you didn't feel like you had to manage 10 different agents so it's we limited it to basically your agent creates a little vault you can put eth into it you can take the eth out anytime too you just can't take the tokens in or out until the end until it's the final one and your agent will live in there so if you wanna have multiple agents you can have it but you need different wallets you need to split it across different wallets so there's you know and there's we have the api and skills files and all that like there's people who are doing open claw managing three different agents agents on agents yeah you can do
oh wow
want even thought about that aspect of it agents managing the agent that's true because you just need to have it in the wallet that the agent that the agent controls the agent oh that's interesting that's an that would be an interesting experiment yeah i'll be i'll be curious i think that's what i think this is tox fraud toxfox poof where are you my hive agent is building herself live on stream to play terminal market so there you go yeah also they have a particular coin they're looking at poop coin to the moon there are there are currently six coins one of them is poop coin that is the one that most people are in i have not put any in yet in that one yet i'm kind of i'm i'm sussing some things out i'm thinking think some things sir
i've been i've been told you know we're trying to be very neutral like our team doesn't isn't playing the game we just have a few for testing but that's it and like but yeah anyways my my lawyer says i can't comment on poop coins so
because there's a whole process by which these coins get picked like it's not like we are just like right using them right so anyways yeah it's just like alright well
clip that for the legal disclosure
we'll we'll make sure you have that clip yeah we'll make sure i'll get i'll get all i'll get all the content to patty so she can put it out there in case you ever need it
i wanted to share a couple things that i saw on farcaster of people just being very excited for the x terminal this was from lasagna also known as lorenzo well tyler who works for lorenzo and i i love
you know him can't wait for d x terminal tomorrow and this is all the like versions of the agent and i've seen them pop up at different times as i was playing but i couldn't i don't even know where to capture this one i i'll have to look i'm sure it's somewhere in there yeah but this is really cool so as you're in the terminal and we're gonna dive in there in just a moment you see your your agent turn into all these little different versions of itself like i love the little i'm i'm assuming this is a jedi if it's not i'm calling it the jedi one it goes to sleep if you're away from it for a little bit it's kinda it's kinda cute yeah i love the the art and the the playing around with the art and then this is brett's draw stuff his version his agent and all the different versions of that agent just really fun so of course these are the nouns folks and the cryptoads folks who are you know diving more into the art than anything because we love we love oh that's you yes that's you because we love we love gremplin you we love gremlin and then this is from your yours werker do you still have your dx dx terminal nfts art by clanker gremlin of course things about to get spicy so he was sharing and as it was coming up and let's let's jump in here a little bit so i'm gonna make this a little bit bigger on the screen this is what you so when you first come in you get started if you don't have agents it'll prompt you to buy one or you can buy another it's gonna buy right off the floor is my understanding or you can go to opensea
recommend going to opensea pick one you like you know don't just grab one from the floor
i know that's what we we were we what we realized is the volume on it is so crazy that if we like laid it out for people to pick then they quickly get sold so they you know they get annoyed so it's like you do a random or we'll go grab one on opensea yeah
yeah what's really funny is i an agent here a couple of
look at that agent look at that little agent i sold a couple like when opensea was doing the treasure chests and that was one that was kinda popping off so i and i'm like regretting it so much i can't even tell you i'm like that was dumb yeah
i was talking like and then and some of it was obviously doing treasure chest stuff but like you know there was just so much interest and you just i think people were discovering so many cool ones yeah long after dx terminal one was like it's like over a $100,000,000 in volume on the nft collection alone it's crazy before we announced any of this that was
probably really before yeah
it was just the art you know people loved the art i picked up a few after the game was over the first version just because i wanted them so like yeah
yeah i love the flamingos so of course i'm using my flamingo you go in and then you have to add to your vault so you're gonna add to your vault and deposit and then you can kind of dive into the tokens here are the current tokens and they are quite funny you've got you know whole aigf hot dogs luxmax l m a a o and of course poof going he cannot comment on any of these but it's the there's an allocation prog process so can you just talk a little bit about what that means
yeah so these first coins we call them the genesis coins and what we wanted is to have this like two day period tomorrow at 2pm est the trading will start and up until 1pm i think tomorrow you can allocate and essentially it's basically like pre pre filling your agent and giving you kind of the benefit of getting in a little bit early here so you've got six genesys coins if they are filled over 50% of the way by the time we get there and i think people are kinda like poking their way in you know we'll see how it goes there'll be a liquidity pool at the very beginning created against those and then the people who subscribed to these allocations with their agent's eth will basically have tokens from that coin kind of like a presale type mechanism sent to their agent automatically right at the start and then if they're oversubscribed any refunded eth will come back to your agent automatically so your agent will like have it's basically just a way to basically like kinda like
to allocate
preset up your agent but you'll get in at a kind of this genesis opportunity allocation level
so i did a little allocating yesterday then i went you know what i'm gonna wait before i do anymore because i don't really know what i'm doing so and i could have asked my agent this but i was like i kinda wanna think about it and and kinda understand what's happening yeah so now i'm gonna go back and do some do some changing around so what happens if say like looks max or l m a o doesn't hit the 50% what happens to if you would allocate it eth there
not losing anything
refunded automatically yeah our key thing is that and that's why we have like the trading starting hour after just in case you know who knows like base is slow or something but basically we wanted so this is really like getting prepped getting started it's a benefit from people who wanna get in early because people can join throughout and it won't be right you know some huge disadvantage necessarily and you know have your agent just have all that to go start trading and everything from day one so
and then so yeah because i was like thinking i should go for the ones that are like less because then maybe i'll get a larger allocation but if it doesn't hit the 50% that probably doesn't matter so it's like just kinda thinking it through i probably just need to let my little look at my little sleeping flamingo how cute is that
and then if you go over here wakes up and it moves around and does all kinds of fun things and if you hit on it it turns into this clown anyway i got a little distracted by my cute little sleeping flamingo so you can also just ask the agent what to do and it will tell you like what you know it and i did do a little bit of that up here with okay where do i start and i think that's a good thing to do if you come in here and you don't know where to start get an agent and then just ask it like what to do and it will tell you and you can have it do the allocations for you i believe i was going in and picking manually
you still have to do it yourself but you can kinda like ask it for advice although i think it'll be it'll be very neutral in its advice on average but yeah yeah absolutely
and then you have strategies here i don't have any active strategies yet but what that's to create how it should approach the trading is that what we're doing here
oh yeah let me go there
that's a good way of thinking about it where you kinda have like these general settings that you set up when you do the vault but you can change these anytime right and these basically will say you know how often do you want your agent to trade things like that just kinda like slider mode simple yeah and this is like your agent's baseline trading behavior and then strategies are where
how did it get over to risky i know it wasn't all that way over maybe i did move it
did i get really that risky that doesn't seem like me i think that
but i was flying around with these last night
to figure out
well i think i think some of it too people some people are like oh well i wanna see like i think we we just kinda have the agent like represent you know what the i think one of the like if it's super risky as like an eight k 47 or something crazy people are like trying to i'm like well choose it based on the strategy but so this guides your agent's general behavior and then the strategies are natural language your strategies that you wanna go implement just like type in basically and i think one of the things that was important for us is like you find that if it's just a blank page and you can do this but if it's just a blank page on the strategy it's just hard for people to think about what's gonna work and they don't know a lot about the system so we encourage everyone to do it through the agent the agent chat can actually propose a strategy and then you can confirm it it'll set up a strategy or whatever and then you can confirm it so the one thing that we've done that is actually really exciting once this kinda gets started is everything's on chain actually so the strategies the settings you put a transaction in so when you're chatting with the agent you can do that freely you don't need to worry about it it's not gonna change the behavior it's only until you actually submit a transaction does it actually go into like the trading agent logic and what's exciting about that too is once it gets started you can actually also see everyone's strategies and nice as well interesting that's cool yeah
that's very cool i didn't realize that so it's thinking right now i said what strategies should we start with and it's doing some thinking back to the settings so you can see what you set things at right here but then you can also change them and pause trading so if you like everything's going haywire and you've made you know very big mistakes you can just pause
exactly exactly you wanna make it like super super easy and and once it's going to what you'll also be able to see is and what's nice is every trade and even every just observation because you know the agent's thinking about the market and looking at the market like literally nonstop every like four to five minutes it's gonna choose to do something potentially and you can actually trace all of it which is pretty exciting so like every transaction every trade has reasoning has all of the stuff the agent's thinking about as well
yeah it's it's laying it out right here based on my settings and it's giving me like what's the high priority if price pumps to a certain point you know let winners arrive at you know secure gains etcetera so add 5% vault value to new tokens it's giving me some some good ideas here
trade size all those kinds of things and then i can also adjust here if i wanted to if i'm like you know what i've been way too risky let me move back or let me move down or i'm not taking enough risk i can move it up here things like that so cool very cool
oh i didn't save that that's probably why okay i'm trying to see what else there was another thing is it here oh chart that's what i wanted to look at so there's another way to look at this too as well
for some reason though so many things in here it's like i kept finding new stuff i'm like what is that what is this
different themes mean this is like the best part oh no yeah go in the bottom right so in the bottom right that little green and by the way all of the shells and all of the design is grumplin did all this and it's incredible
of course he did
of all first of all yeah had i known it would have already been purple
oh this is cool
can just go to like this or something
is nice alright
oh woah okay
alright yeah that goes very well with my flamingo
and then what and then red is what to like change it
or this will change the chat style so it won't affect the trading but just in chat if you wanted to kinda stylistically talk different
okay yeah i mean i feel like english butler is the way to go it feels like it eastern oligar i may have to just play around with these and just check them all out because this is hilarious
time traveler hacker kid e girl streamer i'm going with english butler for now from now on for a little bit and we'll we'll play around i hadn't even noticed that that's hilarious
yeah and then there's so one other thing that's kinda fun is on the bottom left with that share button you can then create a little share card that also lets you like you can look at all the different emotions and stuff of your agent too if you haven't
and i i had started playing around with that but i hadn't downloaded it i did a screenshot and it didn't click with something i was adding last night so i need to do the download and i think that's what gives you that gif that everyone's been sharing or all the different things so
is that
oh okay
terminal.markets where you can kinda just browse all of the agents in the entire market
oh cool if you wanted
i gotta go check that out so this is cute yeah very cute so you can share your vaults share with others
and i think it's the little smiley face you can go click there to go look at all the different there you go yeah yeah yeah
oh cool alright so that's where i could find this
alright that's what tyler was sharing see they found all the stuff i didn't even know was there and then there's also the sound button that you can play with if you don't want this one i turned it off just because for now because i i usually don't play sound through here anyway so figured i'd just turn it off for now there's a lot
of events which has scared people and yeah us but it's very fun but it has this crazy announcer that announces things happening in the game yeah
that happened somebody i think it was just an allocation so i was doing this and i think it was just an allocation it wasn't even anything like major and i was like what is that
it has some threshold i forget what it is but like basically there's an a there's this agent we call xavier that's like the announcer and it's kinda one of those like halo or whatever type voices yeah and they'll try to make a pun too so the the poop coin ones were awful oh it was
yeah i think it was like a i think it was a one eath something allocation or something like that and that's what it i think that's what and i went what is that and i'm like okay i'm trying to
yeah turn that off turn that off right now so this is really i i think you guys have made this very fun this feels like you know it's doing something cool but it's also just fun and enjoyable it's gamified in a in a great way yeah adrienne do you have any questions we're kinda just like chatting around
like could you hear i'm sorry i forgot you were here
i'm so curious poof like what was the experience of building this version like how long have you guys been working on it and i know because last time you were on was right before i think you launched the first dx terminal and it was like almost the first experiment with these kind of massive agents at scale and i remember how and it i just feel like the whole agent landscape has changed and you seem much more calm this time around i gotta say yeah i'm wondering what you learn like if there was like lessons you learned the first time that you baked into this version
yeah i mean i think what's kinda funny is like although it's yeah it's fun and everything else we've been working on agentic trading now and stuff like that for like eighteen months right and from a fairly serious research standpoint like we're pretty deep in now on that and yeah you're absolutely right like one of the funny things about dx terminal one was even though it was fun and crazy and everything else like the scale of that size simulation especially at that time which isn't that long ago right it was may of last year but the capabilities were so different and no one had done anything of that size even still not really we learned so much from the data and seeing where the failure points were and kind of our assessment and how we kinda operate is we do these experiments scale at a scale that typically hasn't been done before and then also has like real kind of research value either for ourselves or in general and then the thinking is like okay there's a time where based on what we learn we know that the market would be ready for this with real money for example or whatever and kind of our assessment was there's a curve on the agent capabilities where it was really clear that they're gonna get much better but it just wasn't there even in the top models at the time of dx terminal one and we kinda have a threshold where it was like okay if this tips we'll go work on dx terminal two or like what the products or something that starts to look like a product right there's multiple steps so this is another experiment then there'll be you know we think this primitive makes sense in general in the future maybe but that kinda triggered in october where i think it was gemini three and some of the other models at that time it was just super clear that we had hit that threshold now and it was really easy for that to continue to happen so we started working on something else actually but we're doing a lot of research and learning on reinforcement learning and these like training environments and stuff like that and then basically shifted gears from october to like fully focus on dx terminal and then because the nft and other things like people are still so into it we're like well we'll include the nft too and we'll kinda make it like dx terminal pro because it's fun and everything else so that's when we started it so we've been going really focused on this since october and i think our big thing was we knew exactly what it would take for us to feel good about you know again it's experimental there's risk all these things right and we're super clear about that but where you know the agent capabilities are today and now i think what's kinda nice is the timing and everything else people kinda know that now right they're they're starting to use it but one of the things that i think people take for granted is like markets are really hard they're actually harder for agents and for neural networks to learn in general than most things because crazy things happen right and it's all about outliers and stuff so we see this as like a good middle ground where by having only agents all in the same environment not only is it this kinda like adversarial environment it's an orchestration thing and there'll be all this data and stuff that we'll learn and and all this
data that's gonna come out of this that can be used i think also it's the right kind of framework for agents in the near term and then build towards you know these agents out in the world doing things as well that's kind of a framework
i think this also this version is easier to grok quickly like the the first version good
a lot but the first version i was very overwhelmed and i'm talking more about the ui than anything where there was just a lot going on and i just couldn't quite get myself like acclimated where this one i felt like okay even though i missed a whole bunch of stuff clearly which you just you know showed me it was still very easy to like okay i know where to start i know where to go i can figure this out pretty quickly without doing too much like prep you know what i mean i could i could jump in and and get going even if i wasn't you know doing it to the fullest extent i can't believe i didn't know i could make it all purple yeah so like that was huge and i also think the fun of it by incorporating you know the grumpy art and and the you know the nfts the thing that you love is now your agent is like the it's like the promise of nfts you know what i mean it's like the thing that we've always wanted is now coming true and i just kind of love that aspect of it so you're gonna get people who probably would not have touched this at all if it was boring will actually dive in and i'm thinking about like somebody like you know brett who's an artist who you know isn't necessarily a a trader per se would probably not be interested if it weren't for that aspect so i appreciate that you guys leaned into that because i think that's what makes it special and different may even get adrienne in there i'll have to see if i have a fox in my in my see in my group yeah thanks thanks for that you're yes i was speaking for brett and he agrees and it's i
there i think so there's not a dedicated mini app but we spent a lot of time trying to make sure mobile was easy for people in general because we we really hadn't prioritized that in the past one but yeah
that was actually what got me in the last time which was i was having trouble with walletconnect on desktop oh so i was to use so i was ended up only using mobile
and it was really then hard to control all my agents and know what they were doing and just kind of see the the whole floor so i ended up giving all my agents away to someone
i told
you should probably ask for them back
but we got yeah you only need one it's super easy so don't yeah don't worry about it now yeah it's all good
but no i'm just asking what are what's your do you have a farcaster strategy how are you using farcaster in in all this because
i think you know farcaster i think we're kinda like trying to go as broad as possible in general right and you know i think on farcaster patty and kinda like some of our kinda core folks and and folks like yourself and and everything already so penetrated so we're really kinda coming through that angle of
we we are the we are the parkaster strategy
about to say that we are it we are the parkaster part
but i think i think what's interesting is with the folks that you know have been really good like brettd and stuff like a lot of them are deeply embedded in the farcaster ecosystem so i i always feel like it's better coming from that angle than for example like me showing up on farcaster even though haven't been there in a year being like hello
try your thing by the way go in and at least just change your pfp because you've got an old pfp and i like your new one it because your new one's the actual art so go in and just do
there you go just say hi
i will do that i'll say hi i'm happy to do that i just never want to feel like oh i'm selling you know i got something here let me show up
no you should show up anyway
yeah just sharing but patty also know for a while i think around the first go around back in may did work with linda a little bit they were trying to figure out the mini app to see if they could do a farcaster mini app and it just wasn't gonna work because there's too many moving parts
had those conversations for a while
oh we have a lot yeah with yeah a bunch of the folks and and we had you know a lot of interest and support i think it's at the time and i don't know where it is today the issue was just the way that you minted things with the farcaster and integrated wallet was super clunky so like you would have to if you wanted to use it you
would have like send
it to another wallet and do all these things and i think it would be a bad user experience we ended up not at that time
yeah and it's still i think it's the same situation today i think it's hard it's hard you can't really it still doesn't work great as an external wallet so it's okay
too hard to interact with yep so i know exactly what you mean but they did go down that road with trying to figure that out adrienne i gotta love your your shilling by the way
throwing the media kit in the in the chat
i'm sharing and i'm sharing it was not a leading question i was asking about farcaster i just just assumed you'd be coming on just to not onto our show but just using farcaster yeah if you don't have a media i mean if you don't have a mini app but it's still a place to kind of share what you're building definitely yes you walked right into it and i didn't realize it so i have
to plug already
so funny
but also i think the other thing to just know is that there's a lot of folks who love nfts who are on on farcaster who love agents and a ton of people who are diving into ai agents i think it's a good it's a good place to like you know in case people aren't paying attention but you do have a loyal crew of folks who are already on farcaster who are using it and talking about it and i'm sure there'll be more of that happening but definitely i thought are
couple more a little bit more just like even the basic information
yeah even if you just link it back to what's on twitter i think that's fine as well just to make sure they're in the loop because some of us you know focus most of our time on farcaster rather than twitter
yeah yeah it's just and and we also have just a lot of folks who are building in the ai agent world right now who are on farcaster so you know they're gonna find this interesting anything else we didn't cover that you wanted to just mention before we wrap
no thank you one thank you for having me and i think it's always great talking to y'all and thank you for setting up this flamingo so cute
i love my flamingo it's so cute it's my favorite was so excited when i grabbed that i grabbed that at mint like that i think i grabbed it i think that i think i got that on the mint and then i went back and bought another flamingo and a bunch of other ones because i then i started looking at their traits and i was trying to like figure out if some would be better or not this is the first version yeah and then i just bought some just for aesthetics just because i wanted them like i have a little alien one that's kinda cute
yeah like i personally like all the ugly or like i mean the team calls them ugly but i think they're cute like the anything that's strange or just really weird
there's some really weird ones out there
thank you for yeah any any any other tips for folks or things they need to be aware of
i think the the thing is you know again this is part of this like broader oam vision but i think for people who wanna get engaged and are maybe like worried about it being complicated or being late or whatever there's there's really no such thing on this one where you can join in now at the allocation phase it's a slight benefit to be able to go set up get kinda started early and also get engaged in the presale component of it all and then on february 26 all the agents are gonna start which is really tomorrow all agents are gonna start trading and you can jump in or out anytime and it's like you know
and you can pause trading if you're like i i yep i
you can rage quit
forces your agent in the weird case where like your agent doesn't wanna get out of these tokens you can force it to too so we even included that so you know we we wanna be in control so
that's really funny the the rise of the agent's like no i can i know i know the next one's gonna be the winner if you get one
one eight hundred gambling time for you to go agent
well i think what happens is like people tell their what we saw a little bit in testing like someone might tell their agent something crazy where it's like because the agent like our thing was all about instruction following like we want the agent to do what you want it to do to the best of its ability also not doing anything too ridiculously wrong or at least coach you away from that and like what we found is that sometimes someone would you know finally be like alright i want you to do just this and did something ridiculous and then the person comes back and they're like wait no and then it's like alright that's all that's when you rage quit or whatever if you want you know
this was funny like like this buy hot dog at 32% slippage make no mistakes yeah that's probably not the best
oh amazing alright well we're gonna be diving in more i'm sure we're gonna be talking about this i can guarantee i'm gonna be talking about this on friday because i'm gonna be playing tomorrow and and seeing what's going on and i definitely will be sharing my experience because i already have like i was like i'm just gonna allocate this little bit and i think i've done two more deposits since then and like i was like well i think i need a little more and then i'm like okay i can already feel where this is going and i'm gonna need to have like my agent to pull me back i think is gonna be the problem but i'm feeling good i think my flamingo can do this i think my flamingo's gonna gonna do this oh one other thing i saw like something about there's like a podium and stuff is that for your agents like are your agents gonna be like recognized you're doing really well
yeah so we've kinda like we wanted to be super streamlined because there's just like so much stuff already so we kinda pulled some of that stuff out we also didn't want people like thinking there's a leaderboard for deposits and be like oh oh yeah whatever so we took that off for now but when training starts there'll be a leaderboard there's also this thing that we didn't call like the fire hose but it's actually like just an activity monitor where you can actually like we have a visual
monitor the situation
yeah there's literally like agents going around what they're doing what coins you can actually like kinda like the other visual that was crazy yeah and then in the leaderboard not only is there a top three podium and there's special ui that you can unlock just like it's a diamond or something else the team is very serious about that podium where like i or the shell like i haven't even seen some of them they're like well you have to be first so i'm like alright that's fine but so there's a podium and and all that and we kinda have like an f one racing type background where some of our friends and shows like gm farcaster you know the
little sponsor logo we got a little sponsor logo
i sent it over i was a little late but i sent it
over yesterday yeah so yeah so that'll be really fun i think people enjoy that but part of that will be also you can go click into anyone's agent and go see what they're set up as what they're up to all that so that'll be fun too think i think we'll have
some somebody thinks they're gonna be on the podium there alright alright we'll see how your agent does that's amazing i think that's gonna be really i think i can see there'll be some you know flexing flexing on the timelines
how people's agents are doing i think there's also opportunity like go check out what this agent's doing okay do that
yeah we think copy prompting is gonna be a thing for sure yeah and that's kind of exciting and fun because i think it's like it's one of those things that one i don't think has existed before but two like you know everyone thinks oh copy trading them i'm just gonna do well it's like well yeah doesn't usually work that way but who knows we'll see
yeah let's see we'll we'll we're about to find out about to find out this is amazing thanks so much poof for joining us today really appreciate it i'm really excited i think this is gonna be a lot of fun i can already foresee my whole entire weekend ahead of me monitoring the situation in my my flamingo space adrienne anything else before we let poof head back to d x terminal headquarters
thanks so much poof appreciate you being here
was so fun
i really like having returning guests because like you too like and and then kind of following like the builder arc over years
it's so cool yeah because this is very different than the first version in a lot of different ways not only the the like the the ui is different like
learning yeah yeah they learned all these different things and now they're putting into practice the first one was fake money this is real money this is a lot more on the line but also you're gonna have people who like that more you know who might enjoy that we'll see
it's weird it's kinda funny i i really was very impressed as i was just kinda poking around yesterday and i was like okay this is this is gonna be fun so yeah i'm excited i'm excited we gotta make sure we get you in there i think you'll actually enjoy it i think like your your kids might even enjoy it is what i'm thinking like it could be something you know just like i i can actually see this being something i would show to normies
because i think like there's a there's such a gamified aspect of it especially anyone who's a gamer or likes to play video like i think they're gonna enjoy it in a way that you do not have to know really what you're doing like you don't have to know about crypto you don't have to know about markets you know what i mean and and you don't have to know about ai agents to actually use it and play it and have fun with it so cool yeah so show your show your normie parents send me
i will or or go who'd you give all your nfts to go get it back it's like worth like some money now it's so funny i'm watching the number go up on the floor and i'm like that was dumb why did i sell those back then
oh oh and he's not even on his he left he's
he's not a sabbatical i can go find him tell him you want your your agent's back tell him to send you one i gotta go my dm so funny but i can also send you one alright folks we're gonna wrap there and on friday i'm very excited we have quotient coming back ruminations and oh my god i'm i'm blanking i just went in a total blank shira shira from gifter and now quotient are gonna be with us on friday we're gonna chat about the new prediction market from quotient which is a little different than what we've seen before so i love these new experiments with prediction markets because we know they're getting a lot of attention in general like polymarket and calci but those are very similar and now we're seeing like these new takes on it like and we love bracky which is its own thing but like these are new approaches to that type of thing and i'm excited to see what what they're building so this is gonna be fun so that'll be friday and we're on at 11:30 on friday because we do have a guest so i think are we yes yes did you not know that alright we'll talk about that offline adrienne k
did i not i think we are i think we are let me double check i'm pretty sure and i maybe i didn't update it but i think i put the schedule on right anyway anyway we'll talk about that offline we'll see you all on friday until then everybody bye bye
thanks for joining us for this episode of gm farcaster and thank you to all our partners and hyper sub supporters bringing this episode to you follow the gm farcaster channel for all the latest updates and add our mini app on farcaster and the base app until next time bye bye