#️⃣ Meeting Notes: Cometa X ASA Stats discuss news from each project

[AlgoRhythMatic]

@AlgoRhythMatic and @ipaleka met with Geo from Cometa

• Discussed Cometa UI and provided feedback
• Discussed ASA Stats news
  • Mobile Apps
  • Governance
  • Utility tokens
  • API + widgets
  • Liquidity (Tinyman) + internal rewards program
• Discussed Cometa LAAS (Liquidity as a service)
  • Uses a Vault
  • No rewards needed - projects simply provide their side of the pair (ASASTATS in our case).
  • All trading fees are paid back to users as APR
  • Investors only need provide the other side of the pairing - ALGO, USDC, etc - which reduces impermanent loss
• Discussed “zap” functionality, and potential for it to be used via API in widget in the future
• Geo provided a followup LAAS video via Telegram (attached):
  https://user-images.githubusercontent.com/97758273/197106124-a3226ccd-deda-44bf-b6a0-332ac69e2e2e.mp4

ToDo: present video to the community + understand interest and/or followup questions for Geo and the Cometa team.

[ipaleka]

Great potential with this, impermanent loss compensation could be a game changer.