Well, hello, everybody. My name is Mario DiDio. And today I am humbled and honored. And most of all, I'm very excited to step in as the CEO of Helium. First of all, I want to acknowledge more than a decade of work from our Helium's founder, Amir Aleem. Amir has built really something extraordinary. It took Helium from just an idea to a network that today serves millions of people. And they use it every day without even knowing
 that exists, which is even more extraordinary. So Amir is actually transitioning to a chairman and I'm very grateful for everything that he built. Now it's on me and this extraordinary team at Helium to take what is started and build it into something that the entire telecom industry can depend on. I know there's been a lot of noise and a lot of uncertainty and a lot of frustration in this community. And I'm not going to pretend that I haven't seen it because I
 have seen it. But I want you to know that the way this company communicates with this community, well, it's changing and it's starting today. Look, I've been at Helium for the three and a half year and I've been running the network business. Before that, I worked in traditional telecom for over a decade, almost two decades. I'm a telecom engineer at heart who ended up here because, well, Helium was building the thing that carriers needed it, but they
 wouldn't build themselves. And that hasn't changed. If anything, the demand, in my view, has gotten even stronger. But first, let's talk about Tuesday. So Helium Mobile, the consumer phone carrier, which has served hundreds of thousands of people with a free and affordable wireless service, that was possible because of the network that this community has built. It proved to the telco industry that decentralized infrastructure not only works by scale,
 consumer scale. So we're very thrilled that Andrew Yang and the Noble Mobile team are carrying that mission forward. They share with us the same commitment to an affordable connectivity where both Noble Mobile Subscriber and Helium Mobile Subscriber will continue to use the Helium network. So the demand for our deployers will only going to keep growing. But with our consumer brand in the right hands, Helium, we are now 100%
 focus on the network platform. And that is exactly why I'm here today. And there's exactly what I want to talk to you about today. Today, we're actually publishing a governance proposal. But before I talk about what's in it, I want to talk to you about why it does matter. Because if you don't understand collectively the size of what's in front of us, then none of the numbers really matter. So let's start with the problem. Everything starts with a problem. And what is the state
 of the telecom industry today. So the wireless industry spends about over $300 billion last year on infrastructure. Well, the number is actually keeps going down and no up, and the carriers they're cutting that spend while the demand for connectivity keeps going up. So we have more people, more devices, and the places that need the most coverage are the ones that the micro towers were never built for. Things like airports, shopping malls,
 most convention center think about the last time that your phone drop a call or couldn't get a text through in a crowded place well that's the problem and the good news is that helium has a solution to that problem because that problem is getting worse and not better and helium is here to fix and help the telecom industry advance into the next area i come from that industry i come from the traditional telco world and i can tell you that nobody else is solving this the way helium is solving
 Today's operators either don't have the scale, they have a broken economics model, or they don't solve for indoor coverage. The gap is massive, and helium is the only thing that can fill that gap. And there is a reason for that, by the way. This is all rooted in the traditional model. The traditional model concentrates all the costs, it concentrates all the risks, and all the decision-making in just a handful of companies. That model was built for a complexity
 different era. Helium flips that equation completely. Now we have thousands of independent deployers where each make their own decisions about where and when to deploy based on the demand that they see on the ground. That's not just a different model really, it's a more efficient one and that's exactly why the telco industry is paying attention and why the telco industry is today already using the network and serving millions of users through the network today.
 Helium started as a way to empower anyone to build and operate wireless networks. That was our first era. What we build today is something which I personally believe is much bigger. We're building something that's never existed in wireless. It's a platform that doesn't just provide coverage, it's not offload for offload's sake, but actually tells carrier in real time what's happening in their network. What is the quality of the network is dropping, where is the demand, where the demanding service
 and also where should they invest next? None of the traditional vendors offer this because they are limited by many things. For example, they are limited by standardization effort or they are limited by verticalized integration thinking. So Helium goes from just being a coverage extender to offering a suite of tools that tell carriers exactly new things about their network and things about their network they've never been able to see before. Things like quality of services in real time
 experience of their own users when they are offloading into Wi-Fi. We'll talk more about that in the coming weeks, but I'll be here to first admit that we haven't taken the most direct path to get here. We experimented with a lot of incentive structure, a lot of technology stacks, and we always ask the community to keep up. Keep up with an evolving model, which I understand it can be pretty exhausting.
 But I also want to say that we have learned from every iteration. And I think I truly believe that we landed on a model that serves today millions with real tools for carriers to use. So now more than ever, I think it's time to build on that, accelerate the deployments and lock in our competitive mode. The proposal that we're publishing today is actually about simplifying.
 utility and the earnings are anchored to real carrier revenue. Now, let me get to the proposal. I'm going to hit the key points, but please, please read the full document. We'll post the link in our Twitter post. The first thing is proof of coverage. Proof of coverage was a novel boost trapping tool, but now it's time to retire it. Hospitals earn when they carry real carrier traffic. So if your hotspot is useful, you earn.
 It's that simple. So more emissions must flow to the deployers who are actually serving users. Second, we're introducing a Deployer Earnings Floor, which is tied to what carriers actually pay. Let me be straight with you.
 pay data rate to what carriers actually pay, starting now under the HIP 143. Now, some of you will see your earnings rate move, and I'm not going to pretend that that adjustment isn't there, but we're adding two things to CacheNet. The first is a bigger data pool. We are removing the service provider rewards, and that shifts the rewards bucket to deployers who serve real traffic by about 20%. Second, there is a floor we're introducing
 a floor which is anchored to real carrier revenue, not an artificial one. If the dollar equivalent that goes to the deployer, the compensation that goes to the deployer drops below that floor, well, the protocol makes up for the difference. So the floor is anchored to what carriers actually pay and moves with real demand and rises as carrier revenue grows. But by untethering deployers from the dollar per gigabyte rates, it also
 moves a ceiling and creates what I think are more opportunities for deployers. Third, we need to resource the network expansion. Look, every large infrastructure company has faced this exact moment. The demand is validated, but the economics haven't caught up yet. Traditional telcos solve it by spending billions of their own capital. Elium solves this completely differently. As a decentralized network, the protocol can directly incentivize its community of deployers to expand coverage where
 carrier demand is emerging, the people who build the network are the same people who earn by serving it. The job now is to make the incentive structure match the scale of demand the carriers are already bringing to the network. So here's what we are proposing. It's a structured HNT mint into a publicly visible on-chain vault that tapers over time. It funds international carrier expansion, deployer programs, and a suite of carrier tools that
 was describing earlier and that we will talk about it very soon in detail. Novo Mobile just validated this model by building their own business on it and we're already talking to others. I'll be extremely clear about it. This increases H&T supply. About 141 million H&T over three years. It stops on its own. It's finite. It's bounded. Every outflow of the mint will be observable. However, unlike a corporate board making
 this decision behind closed doors, this community authorizes it, oversees it, and can terminate it at any time. The resourcing happens through HNT on chain where the community can see it and govern it. That's the entire reason we're doing it this way and know the way that a traditional carrier would. And fourth, a new advisory council. We're actually introducing a new advisory council as a layer of accountability on top
 of network cooperation. It's going to have seven total seats, five elected by the healing community with real visibility on how network resources are allocated. This is one of the core advantages of building infrastructure as a deep end rather than behind the closed doors of a traditional carrier. There is no centralized infrastructure company in Telecom that offers that level of visibility into how the growth is resourced. So I know what you're thinking because you've heard me
 plans from us before. But here's what I'm here to tell you. I'm here. I'm here. I'm here because this is the most important infrastructure being built in wireless right now. I'm here because the carrier demand is real, the technology works, and the opportunity is one of the biggest I've ever seen in my career. We spend a lot of our time at telco conferences because there is a trillion dollar global industry that is looking for a new infrastructure model, and we're already delivering it.
 actually a major carriers already utilizing the network and a proof that that model is already working. The proposal resources, what comes next. So please, please read it and let's begin a productive conversations on it. Look, I'm expecting immediate questions on the proposal. So we'll host our first Q&A today at noon Pacific, 3 p.m. Eastern time in this court, in our helium discord, and we'll host another session next week.
 I'll be on the score to answer your question alongside a stellar hardworking team that's in it for the long haul. What I personally think is that the writing is on the wall. The telco industry needs to be transformed. It might not be quick, but it is inevitable. There is rising costs and there is surging of data demand that they are forcing carriers to rethink how they deliver connectivity.
 build out model is the answer. Now we just have to make sure that they can't ignore it. Let's get back to our roots and keep building this incredible network together. LFGHNT.