 Hey everyone, what's up? Thanks for joining us today for this very special a&a today. I'm here with Lay Wang. He is the CEO of kind protocol. Hi, Lay. How's it going? Hi everybody my great pleasure to be here talking about various things Yeah, wonderful. Well, it's great to have you here before we get started I just want to remind the audience to please send us your questions in the chat Lay is here to answer those and again, I forgot to introduce myself. I'm Rachel Wolfson and yeah I think we are ready to get started So lay first question what is kind protocol and how is it different from other decentralized exchanges? right kinds leading a decentralized derivative trading market Delivering a fast transparent effortless way to trade the derivative on multiple chains So they are made the main features that are kind out of from other decks are first kind is the first text to support a hundred times plus leverage and second any trade are complete in 20 milliseconds and three more flexible position measurement feature allow user to build multiple positions on the same asset and And met mention them separately and for newly launched a copy trading feature is educational tool for new user to observe following learn from professional traders other trading strategy and then currently kinds are ranked number four decks on coin market cap Nice Lake can you kind of explain the goals behind the platform just so we can get a better idea of you know, what the goals are Sure to the answer to that I'll go back to the initial product design stage Before we did that product design for kind. We have done plenty of research on the various existing derivative decks My general conclusion on those product is they're not useful I'm a trader myself if I do any serious trading and they rather go back to centralized changes like a finance. Okay. Yes Then then using them I can live with the lack of support for other types less flexible position management tools and That's attractive appearance, but the most my complaints lies in the three absolutely critical fields liquidity Cost and the latency. So these are the absolute essential factors for leverage trading Because leverage trading is not like a trading spot It requires high leverage and the frequent open closing position So firstly it can't be too expensive each trade Which means the the fees has to be comparable with centralized changes and secondly Liquidity has to be sufficient to support large position. So it doesn't introduce huge slippage cost and three The latency has to be reduced to millisecond level. So user don't miss any trading opportunities or Bear any lost caused by latency for Supporting not all the other types for serious professional traders So most of the previous Derivative dex has a failed all of them and then it's not entirely the project's fault Most of these issues caused by the inefficiency of Current blockchain infrastructure, and I believe given time this issue will be resolved But that's not the excuse to compromise user experience So our initial goal was to build a product satisfy or above requirement So I remember back in the college I was reading Apple's design principle for its first iPod. I was so inspired for it by it since since then it has become my Design philosophy for any part as I remember Steve Jobs the requirement for I bought was firstly a musical device stores oil music or not not part of all and And second it should be able to fit into your pocket and three Battery lasts for days not hours and the four it can our user can operate it was with one hand Right, so I think it should be the guideline for any product design. So And I got three points from these product design principles Firstly always put user experience above everything else and second listen to the complaints of the similar product in the market And then try to improve them and three Don't get the detail to distract you when you set your direction. So We are they here that principle and made our own guidelines for kind when we design it So it should be a derivative dex with these features first the cost to carry out each trade should be lower than most centralized changes and second The sub to it must support more than a hundred times a leverage without introducing extra slippage and three latency should be at the millisecond level not second and for support or frequently use the Other types. So, you know, we thought if we do all this to the minimum, it should be a great product People would love to use whether it's possible. I believe when there's a will there's a way So If we find this impossible to achieve later, maybe you know, it's not something worth doing. So we all we can always find something else to do. So Fortunately, we have achieved all of them and a lot more like support multi-chains Coffee trading extract etc. Etc. But we keep our goals clear for everything we do You know, you might be a bit disappointed that I didn't talk about that big vision everything I think about them all the time and it's something I tell myself, but when I talk to users and market about Things I try to be specific measurable And the realistic Right. Yeah, that's a great explanation. Just based on that. I'm wondering who is kind Target audience. Are you targeting professional traders or new users? You know, what are your thoughts on that? Our target audience is Is always the individual traders retail users rather than the professional Because we want to create a safer and a fairer trading environment, right? So The choice of our face the choice of our liquidity model is beautiful You know, in many other book based exchange Market makers and high frequency traders often using their advantage in technology Lower fees speed advantage better access to information to take almost risk-free profit from individual users without them even noticing and then centralize the chain centralize the exchange and normally are happy to Assist them doing so by giving them VIP fees colocation they'll sell them the other book information and and there are also, you know other techniques By the professionals like spoofing scalping etc etc to mislead individual users And a profit from it. So most of these technical of course are illegal in the traditional finance world But free to use in the Crypto trading so it has the it has given professional traders too much advantage against the retail users and that You know create a such unfair trading environment What we want to do is create absolute fair trading environment for everybody. So The the beauty of our liquidity model here to pull is there's no active market making a passive pool serves as sort of the role of a liquidity providing and Every user has the same level fee Same level of information access and the same access to be so it has in a way You know kind doesn't welcome high frequency traders to ensure a fair trading environment for all individual users and another advantage of Beautiful is the liquidity is more stable under the extreme market movement. So, you know when when with market makers When market moves against their favor, they often choose to withdraw liquidity to protect themselves that became When the liquidity is needed the most is kind of the worst, right? So Yeah, if you remember what happened back in March 2020, that's what happened. So I believe we we did create a more fair trading environment for Got it. I'm gonna take a few questions from the audience right now So Kostya is asking will there be a kind token. Clari responded there already is a kind token So lay maybe just elaborate on that aspect to kind of clarify that for the audience. Oh Yeah, yeah, we yeah, yeah when the products launched we also Pushed out the kind token and the first exchange it was listed on was okay. Yeah Yeah, if you're interested in token side of things, you know, check up or check out check on our website You know talking economics out there Cool. Okay, great Now I know that I you know, I was looking at the Twitter today kind protocols Twitter and it was talking about the zero-fee trading There's a promotion going on right now. So Lake. Can you explain the meaning behind that and why you guys are doing it? Oh Sure, sure. Yeah, so the the competition between the DeFi and the CFI lies in the aspect of cost efficiency user experience and the security and transparency So I believe user do not choose between concept What the the the simply choose the product does best in all that all those aspects. So DeFi has this natural advantage in security transparency, but normally doesn't do well in the rest But the recent completion of Kinds user experience upgrade Evidently kind has made this a significant improvement in the efficiency and the user experience and That they increase the number of active users and their feedback has given us the confidence We are on the road to victory. So now we're ready to take the last box Which is the cost and bring the competition into a new level. This was the main drive behind the zero-fee trading zero-fee trading promotion The other side is that we have learned from the past, right? We we tried a lot of different things like we tried the trade mining and back in March last year And it did bother us a lot of volume But a lot of the a lot of them are watch trading, right? So and then we did the yield mining and it has bought us excessive liquidity that we are unable to consume and So, you know, they rework always end up in the hands of the wrong audience. So The genuine user who keeps use of platform to trade that didn't get it anything out of it. So, you know here we want to Make correction for the mistake and we want to apologize to the lawyer user who? You know who has always been supporting us So, yeah, that's that's another reason we're doing we're doing this zero-fee trading promotion And now instead of paying the any user who use it we choose to cut the trading cost to zero So that way the users who has trading need will find it attractive and the others user who are Reward motivated won't get much out of it That's what I call the incentivize the right audience Yeah, apart from the zero-fee trading. We have another upcoming user you see program for loyal users. I'll talk about it later Okay, sounds good. Lay. How long is the zero-fee trading going on for? It may go for indefinitely Okay, it could be ongoing people loves it. Yeah, I'll be you know indefinite Okay, wonderful audience keeps sending us your questions. I'm actually gonna take another question from the audience Miss kill is asking. Do you think the DeFi space is gradually and slowly being replaced by game fi industry? Or do you think both and co-exist in your future? What do you think? Well, they saw different firstly a defying the game fight. They saw different problems Right. So in the you know, you know traditional world Game company cannot take place of the the bank, right? So They serve different purpose They will definitely co-exist because in the game in the in the game There are a lot of FTS that they are valuable and they may need the financing service a lot of people they have interest to collateralize their FTS and you know for money out of it, you know, these are this can be a Can be easily supported by if I services. So, yeah They definitely will be co-exist Right. No, I agree that that's a great response. I'm just kind of on that topic Lay, can we talk a little bit about the current DeFi market? A lot of people are saying DeFi is dead right now What are your thoughts on that? Do you think that's? Yeah, I wouldn't say DeFi is dead Today evidently DeFi has more users more services and more transaction than early 2019 I know a lot of people called 2019 DeFi as a newborn baby You know clearly it has grown stronger You know, but in its own space in its own pace just didn't meet some unrealistic expectation that investors has so I was there early 2000s when the dot-com bubble burst It's just the same thing over and over again But look, you know what web 2 has achieved over the last 20 years after the bubble has burst So give DeFi some time. It may surprise you But what I would say is a yield mining based DeFi logic is probably dead You know, my understanding of yield mining is a very good way To kick off DeFi summer, but it is also a very poor way to sustain it To be clear, I think there's nothing wrong with the idea of yield mining itself The project are free to use any tools to attract users What is wrong is the people abusing it for their own purpose It has given burst to too many well wrapped punzy scheme in the name of DeFi So for for a while, you know, many people even put the equal sign between DeFi and the yield mining I think that is wrong. DeFi was doing fine and growing strong For many years without yield mining and how come it suddenly cannot survive without it You know, like taking a medicine once a while to keep your body healthy is fine But addicted to drug is definitely unhealthy So for a long time people has turned yield mining from medicine to addictive drugs And those who think DeFi is dead is probably yield mining drug addicted So my conclusion is DeFi is not dead It's growing in the natural speed Like you don't stretch your baby every day hoping it grow faster, right? So be rational about it And for irrational investors, you can leave the DeFi space for now and let it grow in its own pace Party elsewhere Come back later when you see new short-term opportunities For long-term investor who has faith in DeFi, just be patient and time is your best friend You know go out to enjoy your life spend time with your family Check it check it out to the interesting stuff once a while Watching a poll today it will never boil Yeah, Leigh that's I think that's such a great answer Very insightful I think if the audience wants to ask you any more about that topic, they definitely should I'm just kind of blown away by that response I also think it's interesting that coin telegraph research found web three to be the most sought after investment sector this year Topping DeFi it used to be DeFi But I think you're a hundred percent right. It's not dead Give it time and it may actually become one of the most sought after sectors just once It advances I guess Yeah, yeah Yeah, so that's really interesting I'm going to take some more questions from the audience because we've got those coming in Kostya is asking how do you attract liquidity? Yeah Yeah, I we we give by giving the fair compensation Depends on the supply and the demand so we The nature of the turtle pool leverage trading pool is It's only need the liquidity to cover the net position Out of the law and short right So the we don't need that much of liquidity basically according to the Past data every day our net position even though the the total trading volume is large the net position is at a couple of million dollars so but we have a pool size of More than 20 million is It's basically more than sufficient to cover the recent period and foreseeable future So basically we don't have a new plan to attract more liquidity. Actually, we want to get off of get off some extra liquidity right now Got it interesting We've got more questions coming in. So I'll just take those as well Kostya is also asking how do you make money with zero fees? It's a good question Well, you I think you solve problem one by one now I think the biggest problem is you know the genuine user for d5 Is very few. So the first problem we solve is by taking user in And how we making money we'll figure it out later, right? If google thinks about how to make money the first day they made the product We won't be able to see such great A company today, right? So Let's worry about it later Okay Got it. Um, floris is asking I've seen kind roadmap on twitter before Can you share more thoughts about this and actually I think it's a great question because I'm curious to know how defy Well, it's moving forward Right, right. Um Yeah, so our short term say a short term plan including the uh, The spot trading or definitely support spot trading Because it works really well in the bull market this prayer for it and We will have a Jumpstart launchpad program to help new defy Builders to get finance then get the right exposure and we want to share our experience With them to you know together to build a better world defy world And also we will have a loyalty program loyalty user program To incentivize the user who has You know has been always using the plan form. So each trade you have for example, each trade you have on it each interaction you have with the uh, with a particle each Twitter you retweet it everything will be given the credit points and then that those credit points will Give you a monthly reward. So every month will be different Uh Yeah, that's basically how it works Yeah, there are a lot more about, you know Stay tuned And following our Twitter you'll get all the information Okay great This is actually a question that i'm curious about so chloris is asking will kind have more cooperation with other projects So lay actually maybe you know answer that question but talk about if kind does already have collaborations and cooperation with projects and how that relationship works Yeah, we are we are definitely activity having cooperation with other projects We have a lot of a cooperation on the bsc project. You know introduced by the bsc people since the way we participate the september competition last year And the recent Collaboration we have one is with crypto.com That was a complete last month and there's another one. We are working with gateway A large gateway website called the remittano In this month as well. So we'll keep this going anyone who is interested in to have You know Corporation with kind let me know or definitely follow up Great Um, so I have a question. So I'm wondering if D-fi and c-fi can coexist And how you view that relationship if they can or if they can't why is that the case? I think there's no reason they can coexist right especially at the current at the current stage D-fi does better in many Aspect for example, you know during the the luna crisis Many centralized the lending party has gone bust but none of the d-fi Landing protocol has the same the similar problem, right? You know, that's why I want to teach to d-fi but also because there's no credit lending system in d-fi, right so Uh at at least at the current phase each has their own strengths They should be coexisting for long for long term until One becomes a superset of another Got it lay also, I'm wondering do you think d-fi and elements within d-fi Can revolutionize traditional finance and if so are we already seeing that today? Maybe give a few use cases about how d-fi is kind of transforming traditional finance Yeah, yeah, sure You know, I worked in the bank for 15 years Banking and hedge fund for 15 years If you are traditional financing, it's generally very slow. They think slow moves slow It's like people are so scared to try new things It takes ages for them to to make a decision or view the new stuff If I had proposed my zero trading fee promotion there, it probably takes forever to get approved, right? So but look at d-fi New product being viewed every day so many innovative promotion programs everywhere You know, we are definitely on the Fast track to catch up it takes time You know takes time to take down a giant. It probably won't happen tomorrow next month even next year But I know it will happen d-fi connects people and money Across the world in a much more efficient way You know one once defies in the merchants of mature state Traditional finance will face real challenge in all levels, you know, not just you know, in financial service For example, you know one person living You know one person living in one country is very hard to get loans or get access to investment opportunities Overseas right without paying a large fee, but imagine A world people where people are no longer bonded by country color Ethnical background We can trust each other trade with each other and work together Without you know without boundary. So We're not just building a better financial environment. We're probably building a better world in all aspects You know banks will have to force themselves to improve To cope with a new challenge In the end it benefits everybody in the world Right lay. I'm wondering if you can just kind of maybe elaborate a little bit on the benefits of d-fi And what platforms like kind provide? Um, yeah Yeah, so the For example the in in in d-fi We cut the we cut the middleman out of the the process right in the in the In the traditional finance world if you're on the trade foreign assets On a foreign exchange you have to have a pay the broker You have to pay the exchange and you probably have to You know the bank will probably have to take a cut But in d-fi actually, you know, all this middleman goes away, you know, you trade directly You know, it fulfills your purpose You know much more cheaply should be much more cheaply, but the only problem is now d-fi Is still only be able to serve a small group of user Due to its high entrance criteria, right? I think you know in the future In the future to make d-fi world for everybody service will have to be much more tightly integrated in in a more systematic way For user to get access So the service connecting those scattered dot will be very important To bring down the Entrance threshold people should be able to access all kind of device service Through a few clicks on their phone You know a d-fi let's call it a d-fi gateway or something So yeah, that that's And I think There's another thing I found a particularly interesting recently is called a sole bond token, right? You know in in Many people have been saying, you know, having a credit system in d-fi is impossible Uh You know, I I think there's a great potential in there. Uh, you know, for example the d-fi The the sole bounded token can be very well served as the Uh as a identity card, right? Where you can accumulate where you know, you can accumulate credit For the good behavior you did on on chain. So every service can offer airdrop Discount credit small loans and other vip service to those, you know, well behaved individual That way, you know, we are really Reward the people for their contribution to the community instead of the amount capital they own and then When you keep contributing to services to accumulate more Credit and you're able to enjoy more better services everywhere. So people start to cherish their Wanted address and hard-earned credit Rather than, you know, as treated as a disposable thing Yeah, so so it's a It's a long way to get there for this to work or projects to contribute to the system together Right. Yeah, that's wonderful. I mean digital identity is I think that's a really important next step That we'll start seeing and I think that's a great Use case and of course they should be entirely voluntary, right? So, you know, for people that prefer to Keep anonymous They should be able to Right. Um, I want to talk a little bit about the technology behind kind protocol. So it's built on ethereum Um, so why is that the case? What benefits does ethereum provide? I just want to get your your take on that Right, so I think when we did the design the one of the toughest problem we have to solve was the cost, right, you know, you can Back then, you know, the The gas fee cost is ethereum. It almost made frequent trading impossible. It was okay for spot trading Normally because people hold the position for days even month But for leveraged trading normally people don't hold their position Past the night. So that has you know, that cost has become a huge problem. So our design to To resolve the problem is we keep the Clearance and settlement process on chain. So the ones relate to users Asset on chain, but we take the order The the bookkeeping order bookkeeping process off chain. So every few minutes it gets uploaded to to the on chain It's clearing clearing engine So that way basically most of the gas fee gets to be saved and basically we cover the the gas fee for all users to to trade Yeah, so so basically that's how we be able to achieve You know such a low cost for trading and I've earlier I have explained the Benefit that the liquidity model beautiful has brought So the technology side is You know what we did most of what we need to solve the problem with basic Right and lay are there any security features that you care to mention in terms of just protecting kind protocol and ensuring that users are safe I think that's a huge issue Yeah, there are there are many there are many things we have put in Basically, since we launched every day, we're fighting off the hackers You know, especially the first few months. We see a lot of a hacker attempt different things at a kind protocol basically I had a me and the team we had a wake up In the middle night all the time to solve things You know, there are many many cases that we we have put in like, you know, when the certain like market and manipulation activity happened. There's all automatic automatic alert to stop it from happening And besides what we have experienced we have always been Watching the unchained Hacker activities and basically even simulate that on on kind to make sure our users are not Affected by them. So and we have so far we have been safely running for a year More than a year. So that should give you some confidence The code is safe Right. Yeah, that's that's great to hear Audience keeps sending us your questions. We've still got time with lay He's very knowledgeable on this topic all things be fine I'm going to take a question from chloris. So they're asking Why did kind choose to upgrade their brand at this time given the current market situation? So A brand upgrade. Is that what's happening right now? Yeah, well, you can call it a brand upgrade. I You know, I don't like to use our world. Basically it's a service upgrade Yeah, there's a when there when it's a service upgrade. There's no bad time to do it. Whenever you have a You have time to do it you should do it One of the one of the biggest challenge is defi Has the two few genuine users and too many capital in there, right? So I believe many builders has put too much effort in token economics in a reward structure marketing their tokens, but not enough attention to product itself Any successful product takes years to build and defi product is not special. So You know Last couple of years the fake prosperity of defi creates the impression that there are a lot of users Using defi and now they all disappear. That is wrong you know Last year the last few years you see many people using it because you're paying user to use it, of course, they're gonna use it But when you stop paying them, uh, they'll go away, right? So There there is you know back then there's even no way for project team to tell Who's that who are the genuine users and who are you know reward motivated? I believe The builders should stop playing capital games. Just don't worry about your market market value Don't worry about your token price focus on long-term growth You know put put your head down listen to your users polishing your product and find ways to attract genuine user You know we're engineers. We do you know what we do best design and the build You're most importantly Be creative again You know and I love defi so much was because when I first look at the field I feel I've never seen so many brilliant idea and new innovations flying around in the in the in the new field Reading their work inspires me So much and it excites me It was the best place to turn ideas into productivity engineers become artists in this in in this world. Yeah, but I want to see defi go back to the way it was, right? So AMM was a great idea Your mining was a great idea multi-clutch or that was a great idea But those ideas were designed for specific business purpose not answer to everything What I see is many builders. They just take those ideas and do minor fix on it and call them a new product just Come up with your own design And to fit your own business purpose and if you're really building something Improves people's life people will appreciate it and you're contributing to the defi field Right Lay I want to get your thoughts on this. So I think you know with defi over time Because defi is not dead as you mentioned users and investors will be attracted to it over time What are your thoughts on regulations around defi and You know, I don't know about the regular regulatory landscape or your base But do you think that regulations are good or bad for the defi space and you can be as You know specific in terms of where you are just in general I think I think for my point view. It's definitely Necessary to have a regulation for example, I think a lot of You know right now One side of the good thing is people are innovative new product has been viewed every day and you can see all sorts of service Coming into the space every day, but the bad thing is often they are halfway products Right, we should have a regulatory body to ensure the product you offer to users Are not halfway product For example, the safety has to be security checked You can play with you can use the users as a guinea pig play with their asset, right? And also the level we should have a standard for level of service maturity for example, you know, taking your latency your efficiency cost into account and that they have to meet certain standards to be able to be able to register as a valid service Not few people knock up few lines for code or simply, you know, copy some code and you know start marketing misleading people into an mature service So so I think this is what the regulatory body should do and I think It doesn't have to be formed by the government. It can be, you know It can be formed by the A project alliance or something as long as it has the in the the right skill and the ethical standard to To keep the street Yeah, no, I agree. I think that's a great answer in terms of how it should be formed It doesn't have to be formed by the government and maybe that's even the best way to have an alliance Form it. I think that's great and obviously not to use users as guinea pigs. We've seen that Too much lately and I think that users need to also be aware of what they're getting into before they Access these platforms read Read the fine print that usually is not read and I think that can also help prevent These horrible use cases that we're seeing today. Yeah Um, I'm going to get back to some questions. We still have a few more minutes with lei So audience keep sending us your questions. Um So an audience member is asking just wanted to ask you this kind protocol Have an ambassador probe an ambassador program that we can join and what does it offer? Oh, yeah, uh, we do have an ambassador program It's we don't promote it that much, but we do have a few community member running in different city to help us build the The community so Send the email or reply on our twitter or is you know talk speak in our discord channel If you are interested Our team will get in touch with you. Uh, and maybe we together we can start something Really great Yeah, what is the discord channel by the way? Uh, let me send it Just so our users can know I know that the twitter is just kind protocol and that's the handle I believe Yeah, but I want I want our audience members to know about that Yeah, it's also it's also a kind protocol. Uh, I don't where's the the text Uh, I guess afterwards if the audience has a question connect with you on twitter Sure. Um, or we can pull that up on the screen if we're able to In the meantime, I'm going to take one last question from the audience Um Harding is asking as I know many different player ones have run marketing strategy for community successfully and they've created big Tvl on their chain. What's your strategy to build community in southeast asia? Uh, well to build the community in southeast asia, you know, what firstly we're working with the uh, The one of the largest gateway service called the tunnel in venan That's step one and secondly we are going to Really put the put the effort resource in hiring people locally to help us Do the marketing So Let me see Yeah, in regarding to the uh big tvl I think You know for for a very long time, but tvl has become a key matrix to measure Uh, d5 project all project like a game 5 and ft What what does people really understand? What does it mean? Right if a service? It doesn't really need that much tvl tvl is really Nothing, uh for the project. It's like if you're running a Restaurant for for a small town of Few hundred people that's that's the situation basically what d5 is now You know very not so many real users use the service many stakers of many used miners But not so many users, but it's like you're running a little restaurant about store Ingredients for millions of users And at a very expensive price So that's basically so so people should treat tvl rationally and stand the nature of the business itself For example, you know, uh, if the spot trading need more tvl to support each pool But leverage leverage trading normally doesn't need that much of tvl and a lot other d5 service probably doesn't need tvl at all So don't make it a key matrix to measure everything just first we read the the product and stand what it's done for You know and then having your own metrics to measure how How good is it for us? Yeah, so they were almost to have time which is unfortunate because we've still got a lot of questions from the audience But before we end the am a I just wanted to get your thoughts on what we can expect next I know you briefly talked about the roadmap a little bit But was there anything else that you wanted to mention before we sign off Um, yeah, I've basically briefly Talked about the jumpstart program. Um, I think it's worth talking about it a little more So basically, uh, we we have we'll have a jumpstart program to have new genuine project to get financed and to get early And they help users to get early investment opportunities That's uh, yeah, basically that's the first thing and the second thing we We have an interesting Experiment in line is the loyalty incentive program. So we will credit the user for each use of the product and their and other contributions So based on the loyalty point, we give out various reward each month that way loyal user will get Get to share our success and then be more bonded with us Um, so certainly we will also upgrade the popular copy trading feature So professional traders and followers have more interactions To to enhance its educational function Teaching and sharing activity will also be rewarded accordingly. Um, yeah, so that's uh, that's a most recent plan in line for us and Yeah, for for the rest plans place. Stay tuned and follow our twitter at kind protocol. Uh, you know, look forward to Talk to you next time Yeah, wonderful. Well lay. This has been a real pleasure. I've learned a lot. Um, defy is not dead That's for sure. I'm excited for the future and I just wanted to thank you I want to thank our audience for joining us Thanks for the questions. Be sure to connect with lay afterwards and to subscribe to our youtube channel Yes, we will continue doing more of these informative amas for you guys lay. Thanks. Again. It's been a pleasure I hope you all have a great rest of your day or night wherever you are. Thank you very much I enjoyed I enjoyed it very much I'll speak to you all next time Great, wonderful. Thanks everyone. Bye Bye