Show notes
Name of Guests:
Sid, Rob, Heesh, & Nick
Name of Project: Spirit Swap
Twitter URL of Guests:
https://twitter.com/Deg3ntrades
https://twitter.com/neir_rob
https://twitter.com/Heesh56107323
Project Twitter URL: https://twitter.com/Spirit_Swap
Project URL: https://www.spiritswap.finance/
Rob
Background in video game development
went to school for it.
Kept up to speed read bitcoin standard
Move on from job 1.5 years ago as a video game dev at Mirosoft
Heesh was teaching him a few things about DeFi
Said, lets build something
Heesh
Crypto in 2017 crash with nothing to actually do in crypto
Started using Synthetix and other projects
Ethereum
Liked smart contracts
Was following Fantom since 2019
DeFi Summer came and got completely into DeFi and farming, etc.
Sid
Computer science background
Internship at the bank
Blockchain
Sid and rob met through work
Nick
Ascension into the core team
Read the bitcoin white paper one day hung over
Did some research, but couldn't figure it out at the time
2013 when he started seeing Bitcoin get price action
2017 he's working in digital marketing
Saw Ethereum
Used EtherDelta one of the first dex
Discovered Fantom and was early in the ecosystem
Staking for collateral and minting stables fascinated him
Then Spirit Swap came out and became a community member
So decided to move him up on to the team
Setup structure and managing the community
Discussed meritocracy of DeFi
Spirit swap as leaders
Use Gather as their office space
Heesh, Rob, and other members of the team have met in person
Leading in the community is a big part of their mission and they reach out to new projects to help them.
They understand wanting to grow Fantom is important for them and all of Fantom.
They have to build trust with projects and it is difficult to look into each project to make sure there are no issues. They feel like the responsibility is very important.
Nick and Sid handle a lot of the due diligence
Try to get them to dox to them to meet them and get to know.
First project together was an NFT project called NFDoge
That was how they learned what each member of the team was good at and what roles they would have
Canceled the project and moved on to Spirit
Great lessons about getting to know each other and starting on a simple project first. Fail and then move on.
If you start small and can have limited success and move your community over
They did want to move into a hedge fund / asset management and worked on planning that.
Then they saw from that what was missing on Fantom and decided to build a dex
Discussed how Nick helped them create an operational plan and think about what they are building.
How they all were receptive to getting organized.
Started with a Uniswap fork.
Focusing now on building a stronger AMM.
Focusing on the exchange components more
Deleted Alpha!
Other new releases
Ecosystem pools
Ape mode
1-click leverage long
Missionary / Mercenary
What is next
What their philosophy is about the project
Moving to a full DAO and the steps they have to take to get there.
The impact of OlympusDAO and other projects on Spirit Swap
New UI and how many team members they have
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