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Lei Yang

๐Ÿ‘ค Speaker
495 total appearances

Appearances Over Time

Podcast Appearances

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So that's also we kind of try to pick.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So it's all about

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

kind of deciding how to allocate the revenue within the ecosystem right i think the chain team should be a bit restrained i would say so that there's a vibrant app ecosystem they can get their fair share but meanwhile

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

yeah, we also need to, yeah, we also need the tokens to do well.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So it's a kind of a delicate balance, I would say.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So what I can say is we are very focused and we are thinking about something that I think is equally fundamental as the other two, but yeah, no detail to share right now.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

Interesting.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So I think we kind of touched on that point a little bit a while ago.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So it's about what's the benefit of a monolithic chain with high performance and can host many apps and to have them compose synchronously.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

And the key here is composability.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So I think we went through a few examples and if like a hypothetical application can come and there are a bunch of existing primitives on MegaEat that are

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

thriving and with lots of liquidity, lots of interesting existing users, I think this is a major benefit to these new applications.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

And this is also one of the north stars when we curate our ecosystem.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

We just keep asking ourselves, can we cultivate a cohort of applications such that when new applications are kind of shopping around for chains to build on, they can immediately recognize that, okay, hey, MegaEth has everything I already have, not just in terms of performance, but also in terms of building blocks.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

And

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

they might realize that it takes very little time or effort to build what they want to build on top of MegaEth.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

So this is kind of our ultimate endgame in terms of ecosystem.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

And then kind of coming back to a more technical perspective, I think building on a chain that already exists, I think it just saves a lot of headache.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

Shuya and I went to New York for a micro offset and we also got to meet a bunch of MegaMafia funders.

Bankless
MegaETH Token Launch with Co-Founders Shuyao and Lei

I think we kept hearing from them that we kept hearing them telling us that, you know, yes, we know there are app chains, so many stacks to choose from.