Satoshi Club

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Goons of Balatroon . The AMA took place on the 10th of August.

The AMA session was divided into 3 parts with a total crypto reward pool of $500

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Robocop | Satoshi Club

Aloha Satoshi Club community ! Welcome to our special AMA with Goons of Balatroon

Gold Rocket | Satoshi Club

Hello again, dear Satoshi Club community!

Beagle

Great to be here with you all today!

Robocop | Satoshi Club

Let us introduce our special guest for today @m4rk_goons and @the_beagle

Gold Rocket | Satoshi Club

This amazing guys already we were pleased with new stickers

Gold Rocket | Satoshi Club

Welcome to Satoshi club

Beagle

Haha the art team always out does themselves!

Great to be here! Very excited!

m4rk

hello all

Gold Rocket | Satoshi Club

My favourite

Gold Rocket | Satoshi Club

Nice to e-meet you guys

Robocop | Satoshi Club

Yes ! we are also very excited to do AMA with you

Beagle

The Beastmark sticker and card is a community favorite!

Gold Rocket | Satoshi Club

Let’s start with the introduction to warm up.

Beagle

Absolutely!

Let’s dive in!

Robocop | Satoshi Club

The art is really great, i like it

Gold Rocket | Satoshi Club

we have already noticed that you are extraordinary guys

Robocop | Satoshi Club

Can you please start introduce yourself? maybe about your background, position and how did you started to work with Goons of Balatroon ?

Gold Rocket | Satoshi Club

Now waiting for details

Beagle

Absolutely!

m4rk

yep i’ll start !

Beagle

Go for it!

m4rk

Hi all, i’m Mark (aka m4rk), co-founder of GOB. I’ve been here, well, since the beginning!

m4rk

how about you @the_beagle ?

my favorite but also most hated meme!

Beagle

I’m Beagle, online, but you can also call me Matt! I’ve been here just about since the beginning, only the co-founders have me beat! I’m community manager for the Goon Squad!

Robocop | Satoshi Club

Nice to meet you Mark and Matt

Beagle

It’s what we call a classic

And great to meet you all as well!

m4rk

let’s give a quick background of our past lives

i was in software for many years, knowing the product cycle of a high-volume online casino inside out.

Gold Rocket | Satoshi Club

wonderful! tell us about your position in the project

Beagle

“past lives” haha it feels that way doesn’t it! Crypto and NFTs are very different!

m4rk

bringing all my experience to this project, so we aren’t just an NFT project but a fully-fledged business!

m4rk

now, i’m focused on the high level strategy and tokenomics, among other things. Matt, how about you?

Gold Rocket | Satoshi Club

it’s really a diverse industry

m4rk

while Matt is typing…

Beagle

So I dabbled in politics back in the day, I ran campaigns and stuff like that. I transitioned over to the department of homeland security here in the US, before meeting up with Mark and taking a deep dive into NFTs. I split my time between DHS and The Goons project before jumping onboard, full time with the Squad!

m4rk

quite the jump in industry, eh?

Beagle

It truly is, you meet people from all walks of life!

Robocop | Satoshi Club

Thank you ! Both of you have great background and experience

Beagle

NO KIDDING haha love it!

Gold Rocket | Satoshi Club

You are happy people. You turned a hobby into a business

m4rk

absolutely, how about I give a couple lines on what the project is about?

Beagle

The Co-founders have been instrumental in making this happen. Their vision is incredible

m4rk

will make it nice and concise

m4rk

Goons of Balatroon started as 9696 Bears and Bulls NFTs that evolved into a AAA trading card game, that’s in beta right now!

We did a lot of things in the past year.

Robocop | Satoshi Club

Yes please! can you please introduce what is Goons of Balatroon ?

Gold Rocket | Satoshi Club

Share this sacred knowledge with us

m4rk

Among which are some highlights:

– launched Goon Factory to extend the avatars with full bodies called Bods

– launched GOon Card Packs which contain 5 random NFT Goon Cards within each

m4rk

– raised 2.46$ million in a seed+private round

and now we are working on launching our lands AUg 24!

Gold Rocket | Satoshi Club

Amazing results

m4rk

which are going to be our economic assets while the Goons are the playable game characters

Robocop | Satoshi Club

Wow 2.46$ million, it’s huge

m4rk

our token launches Aug 31st, called $GOB. it will bring our game + land + avatars + everything else together !

into a crazy, funny metaverse with a flagship trading card game to back it up

there’s a lot more I can say but that’s enough for now 🙂

Beagle

It is a lot of pieces coming together to form a cohesive whole!

Robocop | Satoshi Club

Can’t wait for this, it’s already near only in 3 weeks

Beagle

Yes! The big countdown!

m4rk

exciting times, community is hyped!

Beagle

We’ve been building towards it for a long time now!

Can’t wait to turn it loose in the wild

Robocop | Satoshi Club

By the way how about Goons of Balatroon team? how much member total do work inside ?

m4rk

we started with 3 co founders and 1 nft artist

now we are 30 strong

Gold Rocket | Satoshi Club

the site is really very funny and user friendly. please tell us about your team. who helped you build this business

m4rk

that includes an entire markeitng department, a technically great game dev team and a separate web dev team

Beagle

Well as Mark mentioned we started small and it has since grown into a family!

m4rk

working all together with our awesome artists to form what is GOB

Beagle

Our art team brings so much energy into the project, via design!

The humor they allow us to show off brings the project to life

m4rk

i’ll share some art in between questions

Beagle

Yes! Great idea

Robocop | Satoshi Club

It’s impressive! Thank you for the great introduction

Gold Rocket | Satoshi Club

Yes, it’s like energy in the project. Absolutely agree

Beagle

Our team is international as well, team members from many different countries, all working to make GOB the best it can be!

Gold Rocket | Satoshi Club

Is your team anonymous?

m4rk

10 different time zones!

some yes, but the co founders are not!

Gold Rocket | Satoshi Club

Omg

m4rk

we’ve DOXXed ourselves on a video AMA with Vulcan Forged few months ago

Gold Rocket | Satoshi Club

this is a really important point

Beagle

It is great to have a face to tie to a project!

Robocop | Satoshi Club

Wow Goons of Balatroon ready to go international

m4rk

we want to respect the privacy of our teammates while showing some faces for people so they trust we’re not here to run away

Beagle

Exactly, crypto has its own culture of anonymity but it is good to have a real name to tie to everything, makes it more human, so we struck a balance!

m4rk

Matt and I have been on several video AMAs together and will continue to do so.

Gold Rocket | Satoshi Club

Indeed

Beagle

Those are a ton of fun!

These are as well, love any chance to talk to other communites

So many great projects out there, so many great communities, like this one

Gold Rocket | Satoshi Club

well you guys put on an incredibly energetic and informative intro. ready to move on to questions from the community?

Beagle

Absolutely!

m4rk

always ready

Robocop | Satoshi Club

We already have 6 questions from Satoshi Club community for part 1, ready to proceed?

m4rk

always energetic

LET’S GOOO

Beagle

Let’s dive in!

Robocop | Satoshi Club

Q1 From Telegram User @Neilselin

hello! Goons of Balatroon team.

I learnt that landowners can perpetually collect resources and use them to craft mGOB or unlock special economic achievements. Resources grow on land, providing additional utility to landownership. What are the requirements for a player to be eligible own a land? Could you please elaborate on the the the mGOB and special economic achievement a player can earn? In addition, Rare and powerful Relics are scattered across the lands that cannot be obtained or crafted by players. Does that means only landowners can obtain the relics? Can you tell us the factors that determines the numbers of relics a landowner can earn? What are the use cases of the relics in the game?

Beagle

Want me to dive into this Mark?

m4rk

while Matt will answer that, I’ll share some content

go ahead man

Beagle

Love it!

Okay!

So, Yes, all land contains a random assortment of resources, relics, and creatures

These resources can be harvested by land owners, on a daily basis, and these can be used to convert to mGOB OR used for other economic benefits

It is easy to get access to land

m4rk

example of CREATURE

Beagle

Currently all holders of our Goon NFTs are whitelisted to be able to mint, and Goons can be purchased on the secondary market for anyone who wants to get in there for sure!

Beagle

There are also whitelist opportunities if you don’t hold!

m4rk

example of LAND (Valley region)

Beagle

Keep an eye on our twitter, and World of Balatroon twitter for chances to win whitelist, we also have some giveaways in our discord, and ways to win it as prizes!

Robocop | Satoshi Club

Do you still sell the land parcel ?

Beagle

You can also Head to our world of Balatroon website for more ways to get on the whitelist!

m4rk

Aug 24!

Beagle

Soon!

As far as relics, yes, only landowners can obtain these, via the mint, and currently they are tied to the land parcel they are minted on!

The amount of relics that can be owned is limited only by the amount of lands you own!

Gold Rocket | Satoshi Club

https://discord.gg/BNKqrfhhTA

Robocop | Satoshi Club

For the whitelist, how many user can get become the whitelist?

Gold Rocket | Satoshi Club

Join Satoshi clubbers

Beagle

In game relics will be powerups to achieve even greater effects and power levels!

m4rk

example of RELIC

Beagle

mGOB will be used for a whole bunch of in game functionalities- cosmetics, loot boxes, furture factions, and other in game function will utilize mGOB, which is essentially the transition of your $GOB into the game world

It goes further than that though

It can also be burned to alter vesting and unlock periods both for the player AND the entire terrain type

Gold Rocket | Satoshi Club

I see that you have a well thought out strategy. but I’m a little confused. do I need to buy an avatar to become a landowner?

m4rk

there are several ways to get on the whitelist but it’s an exclusive 1200!

Beagle

No!

Beagle

But it makes it easier!

NFT holders have a guaranteed mint

OR you can try to get on the whitelist!

Robocop | Satoshi Club

Only 1200, its really limited

m4rk

yep, just rewarding our loyal long-time holders but we have whitelists for new audience as well

we care about the community

Beagle

We want to strike a balance between expanding our community and taking care of the community we have!

m4rk

it is important to give value to your community!

exactly, so we can grow as well

Gold Rocket | Satoshi Club

It will be a serious battle for land I think

m4rk

land is a premium asset

Beagle

Yes, and we have a great community, very helpful and friendly. At the same time we are excited to welcome newcomers!

We’ve worked hard to optimize the contract so mint day won’t hurt your wallet!

m4rk

oh ye no gas wars here

Gold Rocket | Satoshi Club

Great answers!

Robocop | Satoshi Club

Yes, so excited, that’s why Satoshi Clubber, don;t miss this opportunity and don;t be late to join the whitelist

Gold Rocket | Satoshi Club

Thank you very much for the clear explanations

m4rk

i think we’re ready for the next question

Robocop | Satoshi Club

Thank you for the detail answer

Gold Rocket | Satoshi Club

Are you ready for the next question

Beagle

Of course, happy to clarify in any way, at any time!

Beagle

Yesssss

Robocop | Satoshi Club

Let;s go to the next question

Robocop | Satoshi Club

Q2 From Telegram User @MudaraSilva

Although the launch of $GOB token has been planned for this month, I was not able to apply for Whitelisting process. Since the Whitelist is now closed, can’t I purchase $GOB from your sale? Should I wait until it gets listed on an exchange? If yes, when do you list $GOB on a CEX or a DEX? As we need to hold $GOB for both in-game utilities and governance, can’t anyone join the community if they missed the Whitelisting process or were not be able to get Whitelisted? It seems $GOB works as the in-game token, the reward token and the governance token. Why did you decide to rely on a single token mode?

Beagle

Oh man

Saaame

haha, here in the US we get left out of those processes as well!

And you’re not alone, many countries prohibit token sale participation

The $GOB isn’t going anywhere!

Your chances to get $GOB are just as good, after launch. Users can always Goon NFT PFPs to yield $GOB on a daily basis

They can be combined with Bod NFTs to double this rate AND unlock an added bonus yield

Our holders have been yielding $GOB on a daily basis and will continue to do so after launch

For those who just want to swap for the token, this will also be possible!

We will have DEX/CEX listings where users can either swap for the token or pick it up on a CEX

Of course anyone is welcome in the Goons community, it doesn’t matter if they own a goon or not, have cards or not!

As for the single token approach, yes, there was a method to that!

m4rk

and the token will be on both ETH Mainnet and Polygon, giving you gasfree option as well

Robocop | Satoshi Club

Can you please share the tokenomics from GOB token, also the utility?

Gold Rocket | Satoshi Club

Yes, it will make it easier for many people to access

m4rk

yep, let me screenshot some tokenomics stuff

while Matt answers the utility part

Beagle

We’ve seen many projects use multiple tokens and it often leads to the crash of one token, other the other. This in turns drags the partner token down. Most projects’ only let the reward token be used to multiply their earning potential by minting more NFTs, this leads to inflation and downward pressure. By changing our reward and token structure, we seek to strengthen it and its performance within our ecosystem

m4rk

the supply allocation

Beagle

Utility is going to be multifaceted

m4rk

token release schedule

Beagle

You’ll have utility within the ecosystem and within each game

Gold Rocket | Satoshi Club

I’m sure it makes sense

Beagle

For example the token is a governance token, and will have uses through that. In addition there will be NFT leasing which involves the token.

Robocop | Satoshi Club

it’s really well planned

Beagle

In game has its own slew of uses. You can see cosmetics, lootboxes, SFX, future factions, and more!

Then of course there is staking, and land/goon linking, so just so much going on, under the hood!

m4rk

yep there’s a lot going on

to keep the economy sustainable and balanced

we want the token to have strong value especially when the mass of players comes in

Gold Rocket | Satoshi Club

It’s incredible

Robocop | Satoshi Club

Actually we want to know more about NFT leasing, but we have this topic question from our community

m4rk

we worked with several experienced tokenomics expects to craft the best solution possible

Beagle

Yes, we can dive into that when you are ready!

Gold Rocket | Satoshi Club

thank you very much for the great answer

Robocop | Satoshi Club

Thank you for the great answer

m4rk

pleasure

Robocop | Satoshi Club

Are you ready for the next question?

m4rk

yess

Beagle

Always!

Gold Rocket | Satoshi Club

Let’s proceed

m4rk

not just ready but excited

Robocop | Satoshi Club

Q3 From Telegram User @Cryptob3ar92

I check on Goons of Balatroon site and twitter that you have factions system for the game itself like Ekimmara, Vampire, Bruxa, and other is Goblin. Actually I am really interested with this kind fantasy and factions system but can you explain what are the different for each faction, for your opinion which faction are the best to use for new player like me ? And also the news mention about card pack of Goons of Balatroon, how do we possible to get the Card pack? Can you please mention chance % to get limited rare card on that card pack?

Beagle

Ah yes! The vampire showcase haha

Beagle

So have to brag on the art team now!

m4rk

let me grab some pictures of that

Beagle

Legally required haha

m4rk

Beagle

The art team makes ALL the creatures look great, while also keeping our standard sense of humor embedded in both the art AND the project as a whole

In short, they do an amazing job!

There are a lot of great creatures in the World of Balatroon. Some come from the trading card game, others are found only in the land ecosystem… for now!

Though we have a lot of vampires, calling them a faction isn’t the whole story

Gold Rocket | Satoshi Club

your artists paint like gods

m4rk

ye MAtt, tell them everything!

Beagle

Each terrain type has a theme, and certain creatures that fit this theme reside on those terrains! These creatures will play a part in the land based game and will be used by the player to fight!

Robocop | Satoshi Club

I like the vampire story

Beagle

Goon cards are the other side of the equation!

They can be purchased, as long as the genesis supply lasts, via our store website!

m4rk

we have not one, but TWO games in the works.

1) trading card game – in beta now

2) land battler game – in development

Beagle

Currently both ETH and $GOB (off-chain) can be used to pick up cards!

Robocop | Satoshi Club

Do this monster that player use are an NFT?

Beagle

Here are our drop rates!

Commons = 75%

 Rares = 21.4%

 Epics = 3.1%

 Legendries = 0.5%

m4rk

will get to that in a sec

Gold Rocket | Satoshi Club

https://balatroon.world/

m4rk

the link for card packs is goonsofbalatroon.com/store

Beagle

Right now they are a trait on the land

The metadata each parcel has is important

Gold Rocket | Satoshi Club

Oh yeah thanks

Beagle

It effects the land and the way the user experiences the game and even the economic side of the ecosystem, via resources.

Robocop | Satoshi Club

Omg 0,5% for legendary,,hope i can get this

Beagle

There are some good looking legendary cards! Beastmark is one, Leroy chickens is another one I love!

Robocop | Satoshi Club

Do you have the picture? what special skill do they have?

m4rk

here is a legendary card

m4rk

right above

the skill is the ability in the description of the card

Robocop | Satoshi Club

Thank you for sharing this

m4rk

here’s the other one

Beagle

Love that one haha

Gold Rocket | Satoshi Club

ahah this cock is a dangerous guy

Robocop | Satoshi Club

haha World of Warcraft?

Beagle

Yes, memes are a big factor in our ecosystem!

Yes, gotta watch your back around him!

Gold Rocket | Satoshi Club

Thanks guys

Are you ready to the next question

m4rk

bunch of memes on Balatroon

yep!

Beagle

I was born ready Gold

Robocop | Satoshi Club

Let’s go to the next question

Q4 From Telegram User @Cheriemike

I notice you have initiated an NFT Leasing whereby Goons NFT holders will have the option to lease out their assets to new players and share in the token rewards those players accumulate while playing the game.So my question is since Goon NFT holders can lease out their assets to others,will the period of time set to lease out these assets and prices be decided by the NFT owners or you?And how will you ensure that the original owner of the assets get their assets back when the set time expires?Since the lessor will share in the token reward accumulated buy the leasee as they play the game with the asset they release,is there a specify % attached to what the lessor/leasee will receive and the % that will later be sent to the Vault?Please provide more information about Goon NFT Leasing.Thanks

Beagle

Good question!

Gold Rocket | Satoshi Club

it’s incredibly interesting. those who join you will be very lucky

Beagle

Right now NFT leasing is a bit further out, so I can only talk about it conceptually, and some parts of it will likely change to an extent!

Robocop | Satoshi Club

It’s landmark i think ?

m4rk

oh you’re spot on!

Beagle

Goon NFTs provide a P2E multiplier that will absolutely knock their reward rates out of the park, when compared to a F2P player

In concept we want to give holders and those leasing the option to lease for different terms. We want to give holders control of their NFT decisions and let those who want to lease select a period of time that works best for them!

Gold Rocket | Satoshi Club

This is a wise decision

Beagle

We will utilize a smart contract to ensure everyone and everything is safe and all assets are protected!

Beagle

There will be opportunities for those leasing to set the reward share percentage and chances for someone looking to lease to shop around for the best percentage

Gold Rocket | Satoshi Club

It’s great that you care about the safety of your community

Beagle

There will also be an opportunity to use land, in a similar manner, to leasing. This will let Goon holders without land link their NFTs to a land parcel, which increases the landowners rewards as well as the user linking it!

It is very important to us

Robocop | Satoshi Club

Speak of safety, do you have plan to do audit for smart contract?

m4rk

we’ve done two actually!

Beagle

@m4rk_goons probably can speak on that better

Beat me to it haha

m4rk

Certik and Solidity Finance

Robocop | Satoshi Club

Great! already audited?m4rk

yep, just etherscan needs to update it

Gold Rocket | Satoshi Club

thanks for your great answer

Beagle

Of course!

Gold Rocket | Satoshi Club

Ready to proceed?

Robocop | Satoshi Club

Thank you for make safety your main priority

Beagle

Whenever you are!

m4rk

ready

Robocop | Satoshi Club

Let’s go to the 5th question

Robocop | Satoshi Club

Q5 From Telegram User @Danylko_UA

Hello Balatroon Team!

Around April, 2022, the Balatroon team announced that they closed a whooping 2.46million dollars in seed and presale, led by Merit Circle and Jun Capital. In this course, tell us how these funds has been used in the further development and upgrade of the Balatroon’s platform. What more advancement and project should we be anticipating in few months to come? As they say; strategic partnership is key to the solidity of every project. In this course, tell us about your current partnership, which companies are you currently partnering with? On what chain is your project built and why? What plans do you have in integrating more Blockchain networks in order to ensure interoperability.?

Beagle

Our community is our main priority and safety goes hand in hand with that!

Yes! The seed and presale went very well! The funds went into many stages of our project!

m4rk

i’ll let Matt answer and then i’ll add a couple points to the end

Beagle

They were put towards development of the primary TCG, development of the land project, and land game… Marking, listings, and of course adding new powerhouse team members all benefited from this raise!

The founders, of which Mark is, of course, one are looking to put as much back into the project as humanly possible

More than humanly possible actually haha I don’t know if Mark sleeps

m4rk

rarely

no salary for co-founders, we are investing back into project to get it running faster!

Robocop | Satoshi Club

From the seed, private sale, can you please show us about who the investor ?

Beagle

Our partners have continued to provide contacts and extremely value advisory aid to us as we continue to build and develop!

Do you have those images @m4rk_goons

m4rk

yep, one moment!

m4rk

on that image you’ll find our three lead investors:

-> Unizen: solid partner and massive project

-> Merit Circle: Gaming DAO with a huge arsenal of tools useful to us as a GameFi project

-> Vulcan Forged: Our main ecosystem partner, we’ll be migrating our NFTs and token to ELysium in the future! Can talk about that later…

Beagle

Currently we are built on layer 1 ETH and on IMX for our TCG. And as Mark indicates we are looking into other chains as they benefit us

Beagle

We don’t do things just to do them, we want them to have the greatest possible effect on the project!

Robocop | Satoshi Club

Great news ! so it will become multichain

m4rk

multichain for most exposure and largest audience

Gold Rocket | Satoshi Club

you have a wonderful use case

m4rk

thanks!

Robocop | Satoshi Club

Thank you for the clear and detailed answer Matt and Mark

Beagle

Of course!

Gold Rocket | Satoshi Club

thanks a lot

Robocop | Satoshi Club

Do you want to add anything else before we go to last question part 1?

Beagle

Anything you’d like to toss in @m4rk_goons

Beagle

I think I’m good!

m4rk

i think we’re good for now

Elysium i can talk about later

too much to say!

Robocop | Satoshi Club

Q6 from Telegram User @ghostofcharmeleon

Hello, GOB team.

I really liked your genesis goons. Their owners can receive a native $GOB token and have a priority right to the upcoming mint of lands. Please tell me, if I buy a Goon from the market now, will I be able to continue receiving a $GOB token for ownership, or will there be no such opportunity after listing? What are the in-game advantages of owning Goon? Is there an economic difference for me if I buy land, but I won’t have a Goon, how are they interconnected?

Beagle

Easy answer yes!

Robocop | Satoshi Club

Ohh what is Elysium

Beagle

But I can go deeper into that

m4rk

yep Matt go ahead

i’ll type up some info about Elysium for now

Beagle

Goon Avatar NFTs all have a token yield and will continue to yield $GOB after the token launches. It has been the best way for early adopters to get their hands on the token!

Owning a Goon NFT provides a powerful multiplier to play to earn rewards as well!

Having  a Goon and land will unlock enhanced yield, but if you don’t own land there will be methods to link it to another user’s land. This will also benefit the land owner!

Holding any aspect of the Goon ecosystem is good, but they absolutely are stronger when held together!

eligible for rewards

Robocop | Satoshi Club

Thank you for the explanation

Beagle

Of course!

Robocop | Satoshi Club

And we still waited about this?

m4rk

yep

Elysium is the layer 1 blockchain developed by Vulcan Forged, a premier gaming metaverse studio. They aim to be carbon-neutral (as green as it gets) and plant trees for every bit of gas spend using their blockchain.

They are a massive partner of ours and we intend to migrate as much as possible to Elysium to establish a firm position as one of their gaming projects and make Elysium the blockchain for gaming!

They recently launched the blockchain so they need a bit of time to develop it all and we’ll be ready for when they do. Look for Elysium to be a major player in the layer 1 blockchain world!

Gold Rocket | Satoshi Club

great answer

Robocop | Satoshi Club

So that will be the last from part 1 of this AMA

m4rk

i think so, yep

Beagle

Now it gets crazy, right?

Robocop | Satoshi Club

Now we will begin to start the second part of AMA with Live section from community.

are you ready for the rain of question?

Gold Rocket | Satoshi Club

If you are done with the answer, please share with us all useful links to the project.

m4rk

sounds good

prepared for the storm

Gold Rocket | Satoshi Club

It will be powerful trust me

Robocop | Satoshi Club

Please share the important link and social media so user can update all news from Goons of Balatroon

m4rk

Trading Card Game: BETA is out & playable at www.goonsofbalatroon.com

Gameplay Footage: https://www.youtube.com/watch?v=4M-lUApzlsk

Gameplay Screenshots: https://drive.google.com/drive/folders/1g36CJBKJuJBJ6PvK9w0zaYuwM4S_ieIm

Digital Lands Drop: https://balatroon.world

Tokenomics: https://goonsofbalatroon.com/docs/gobtokenomics.pdf

Gold Rocket | Satoshi Club

Thanks

m4rk

Tweets by GoonsNft

https://www.instagram.com/goonsnft

https://medium.com/@GoonsofBalatroon

https://discord.gg/goonsnft

Robocop | Satoshi Club

We will open chat for 120 second

Robocop | Satoshi Club

Please wait until chat closed, after that you can start select 10 best questions !

Beagle

Perfect!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @UncleTheStrange

I understand that you have a feature called The Eye of Inane. Can you tell us about this feature? What are it’s functions and how does it work?

m4rk

So we developed a mini-game (was a surprise to the community hah) for our marketing campaign to get peple to play for some whitelists.whitelists are a bit boring so we made them more exciting!https://balatroon.lol

Q2 from Telegram user @omerfraydin

Do you have a recommendation or reward program for Balatroon World, will we be rewarded by Balatroon World when we invite a friend? Do you have airdrop-style events in Balatroon World that can expand the community and generate material/moral returns?

Beagle

So we do have a referral process!You rank up as you refer your friends and they join! You even earn rewards if they choose to buy card packs.The rank up comes in the form of NFT badges which will also influence the in game economy as well!Not only that but you can join our discord and participate in the twitter raids we do, to earn even more $GOB and xp!

Q3 from Telegram user @Thisistoyin

it is very important that every P2e Platform considers the aspect of onboarding None gamers and gamers alike, into the Web3. So i would like to know how you’ve been able to Onboard Non-Crypto gamers into your Ecosystem, how far have you gone in terms of the Success of Onboarding more Gamers into your Ecosystem? As a Non-Crypto Gamer, how easy is it to start playing and earning in your game? Thanks

Beagle

Onboarding new users is VERY important to us. We want native crypto/NFT users BUT we also want traditional Web 2 gamers and users!Our goal for this is to stream line the process and make is so a new user can join via email and won’t have to worry about a wallet, until they are ready to take that next big step

Q4 from Telegram user IronMan

Many well-known major partnerships (such as Merit Circle, Vulcan Forged, Vulcan Forged, and ImmutableX). What is your plan for strategic value diversity among partners? How will they connect to the Gooniverse?

m4rk

We picked our investors strategically, they all bring something unique to the table.

Unizen – they are super experienced with launching tokens, they have a system called DMAS which will distribute some GOB to their users in a clever way and bring us exposure.Vulcan Forged – I already mentioned ELysium, it’s their layer 1 blockchain and it brings a gaming focus. so when people will think of gaming blockchains, that’s the one! and we will be among the first games on there.Merit Circle – they have a huge network of gaming projects that we are all sharing knowledge and resources with. super beneficial to get more exposure to the traditional gaming audience.

Q5 from Telegram user @uncrowned_king_007

Is Goons of Balatroon only for PC players? Can’t Android and iOS users play it?

Beagle

So right now the game is web based, however we have big plans for the project and the game and it won’t stop there! We are absolutely going to integrate mobile versions of the game, and we want to put enhanced focus on it, in those places! So to sum it up, we are starting out with PC right now, but it is going to mobile!

Q6 from Telegram user @Qoundorondo

You are currently launch on eth I know we all are scared of eth because of high gas fee so can you please tell us how you intend to manage this in minting of nfts .

m4rk

Great question, ETH used to be really expensive and now the gas fees calmed down, but we still want to ensure our users don’t experience such fees again.

To start with , $GOB will launch on both ETH and Polygon to ensure the layer 2 necessary for transacting without gas fees.

Right now, our major assets are on ETH but we will migrate to Elysium when it is ready for us!

Q7 from Telegram user @jhara12

So many projects prefer to communicate about the short or medium mission and vision statements, but what are your short-term goals for your project? What are you concentrating on right now?

m4rk

So the question is about short-, medium-, and long- term goals but specifically about the short-term for now.

Short-term:

-> launch land Aug 24
-> launch $GOB token Aug 31
-> continue building the trading card game beta

Medium-term:

-> expand ecosystem, a new whitepaper v3.0 will come
-> launch land battler game using the creatures, relics and resources found on the land people bought in AUgust

Long-term:

-> the main vision here is a multi-game studio that connects the value injectors (people who want to pay for games and in-game items) with the value extractors (people who want to earn from playing games) into a sustainable economy where everyone wins!

we are making our games fun-first, play-and-earn second. this allows us to gather the audience that brings value to the games and then distribute that value among all participants like land holders and $GOB holders.

Q8 from Telegram user @famouscryptoo

Many Users like me Do not have knowledge and skills in the world of Blockchains and Crypto

So Can these People are also Eligible to Join your platform or Proper knowledge of crypto AND BLOCKECHAIN is Needed ?

Beagle

Crypto is VERY complicated. We were excited to have many people choose Goons as their first mint ever. We have a very helpful and friendly community, and a TON of resources for users to expand their knowledge on crypto and the NFT space.

We have a daily update on the happenings in crypto and NFTs so if you don’t know a lot about it, that is a great resource as well! We are always looking to help onboard new members to web 3 and NFTs!

Going even further, as I mentioned we are seeking to make the game playable for those with almost no crypto or NFT experience

Q9 from Telegram user @munnabhaiya11

Hey GOON TEAM! I have been waiting for a good announcement from a long time. Do you have any progress to show to us? like the progress from the beta progress, the token and also to take a look at the land sale. also On what date will the mint take place?

m4rk

We just launched our new battlefield for the trading card game a few days ago and it’s a massive design overhaul!Meanwhile, the land sale is happening on August 24th, don’t miss it!

Q10 from Telegram user @braddey

I am a GOON NFT HOLDER nd I had Bought lot of CARD PACKS So , Will I get Various BENEFITS , If yes please tell me about it ?

Beagle

First of all, great to have you as part of the Goon Squad! Right now we are still in beta so mostly users are playing with the non-NFT deck of cards that ALL players have access to, for free. As we move into the main release of the game Goon cards will become very important, and while it may seem like there are a lot of Genesis cards, it is actually very limited, once players really start joining the game. That is where holders of the genesis set will see a lot of functionality and will have many more options. People will want those cards as a way to enhance their game, but there are only so many genesis cards!

Of course as a Goon holder, you yield $GOB everyday it is unlisted, you have the ability to mint a Bod NFT to yield even more $GOB, you have access to the land sale at the earliest phases and will be able to link your Goon and your land. Compared to many projects, I’m proud to say we have delivered an immense amount for our holders to experience with much more on the way!

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/
Russian Telegram group: https://t.me/satoshi_club_ru/
Spanish Telegram group: https://t.me/satoshi_club_spanish/
Telegram Channel: https://t.me/satoshi_club_channel/
Twitter: https://twitter.com/realsatoshiclub/
Website: https://esatoshi.club/

Our partners:
Website-  goonsofbalatroon.com

Medium- https://medium.com/@GoonsofBalatroon

Telegram-https://t.me/goonsnft

Twitter-https://twitter.com/balatroon

We are pleased to announce our next Voice AMA on August 13th, 2022 at 05:00 PM UTC Time: Satoshi Club x GemDao

⚠️Click to see the hour
⚠️Total Reward pool: $500

Requirements:
Join Satoshi Club Telegram group
Join GemDao Telegram group
Join Satoshi Club Discord server

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. GemDao Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about GemDao

For more details:
GemDao Telegram – @GEMDAO_Global
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Indonesian – @satoshi_club_indoneisa

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from  Yieldification .The AMA took place on the 9th of August.

The AMA session was divided into 3 parts with a total crypto reward pool of $500

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Pavel P

Greetings everyone and welcome to our Tuesday AMA marathon!

Robocop | Satoshi Club

Greetings, Satoshi Club community ! How was your day ? Today we want to announced our special AMA with Yieldification

Pavel P

Let us welcome our guest – @yieldgenerator

Robocop | Satoshi Club

We would like to introduce our special guests from Yieldification @yieldgenerator

Yield Generator (YDF) [IF I DM

Hello there, happy to be here and discuss more about our project Yieldification (YDF)!

Robocop | Satoshi Club

Glad to have you here, how are you today ?

Pavel P

Welcome! And glad to see you here at Satoshi Club!

Yield Generator (YDF) [IF I DM

Doing well, been busy continuing to spread the word about our super unique project, all the innovation we’ve already built and will continue to build for a long time to come  Hope you all are doing well as well!

Pavel P

We are thrilled to know more about it! Let’s start then!

Robocop | Satoshi Club

Let’s begin our AMA with introduction from Yield Generator team

Yield Generator (YDF) [IF I DM

It would be great if the name of our project could be updated to ensure everyone knows we are calling Yieldification, as Yield Generator is just my handle and identity, whereas it’s not the project’s name

Sounds great!!

Robocop | Satoshi Club

Can you please introduce yourself? when did you start to know Cryptocurrency and how did you start involved in Yieldification project?

Please wait a min

Pavel P

Done!

Yield Generator (YDF) [IF I DM

Sure! Again our project is called Yieldification, NOT Yield Generator. I just want everyone in the audience to ensure they know if they’re searching for us in various websites and other places to use the correct name

I’m the project founder and primary dev, and have been working and building with blockchain for around 5 years now, where I made it my full time job around 3 years ago. I love the possibilities and power blockchain, particular smart contract and business logic based blockchains allow for not just financial based applications but many others that could benefit from decentralization and transparency.

Pavel P

What our community should memorize is the official website – https://yieldification.com/

Robocop | Satoshi Club

Yes https://t.me/yieldification

Yield Generator (YDF) [IF I DM

Thank you

Robocop | Satoshi Club

Thank you ! you have great experience and background

By the way can you please introduce what is Yieldification Project about ? can you share to us ?

Yield Generator (YDF) [IF I DM

I started Yieldification a several months ago and wanted to take a stab at merging a number of crypto concepts that were already well known and/or arguably very big today, but had not been used together before. Namely, I wanted to make a more flexible staking platform than had ever been seen, which led to the inception of using NFTs as a Certificate of Deposit for staking your YDF.

I also saw the success of high yield projects like OHM and TIME, but their ultimate demise because of the market turning and them offering too high of yield which led to too many emissions being paid out. I sought to create a high yield project, but one built on sustainable mechanisms and concepts. Through burning tokenomics mechanisms, penalties for early unstaking, and upcoming utility we will have all that we need to ensure sustainability and longevity!

Pavel P

Sounds very promising! You also said that you are a project founder and primary dev but who else is helping you build the product? How numerous is your team?

Yield Generator (YDF) [IF I DM

We have a couple other devs who have helped out with platform/dapp design and build out in addition to smart contract development, but we also have close contacts with some big brains in the space who have helped us with extensive peer review and testing everything to ensure complete functionality and usability from day one.

We are also partnered with a number of very talented and proven advisors in the space who are assisting with direction of marketing, partnerships and ultimately will help us ensure the success of YDF long term.

Robocop | Satoshi Club

Great ! we want to know more but we also have question from community that ask about partnership

Thank you for the great introduction

Pavel P

Ready to proceed to the community questions? There are 6 selected for part 1!

Yield Generator (YDF) [IF I DM

Of course! Happy to spread the word about YDF and why those here might be interested in joining us

Pavel P

Q1 from Telegram user @Asela1112

The native token of Yield Generator Platform ($YDF) has already listed on Uniswap with setting up different slippages for Buying & Selling. Listing on Uniswap Dex is a good Improvement Step. But by Listing on Cexs, $YDF can be triggered to a price hype due to User Exposure. Can you tell me When you will list $YDF token on other exchanges like Binance, Pancakeswap, FTX, KuCoin, Huobi global etc…? And also, Explain us Which method will you use to maintain it’s liquidity by not being a dangerous zone like Luna? Any Plan for that?

Yield Generator (YDF) [IF I DM

Yes excited to hear them!

First and foremost, we absolutely understand the value additional listings brings to the growth of a project! We’ve actually been in close contact with a couple top tier exchanges to begin the process of listing. We understand the value CEX listings bring where much of retail goes to buy cryptocurrencies, but we want to emphasize we are searching and only plan to partner with reputable and well respected exchanges. We want there to be significant value in what an exchange can provide us and the project and therefore will only entertain partnerships with upper tier exchanges with real and meaningful volume and throughput at this time.

Robocop | Satoshi Club

Speak of the native token $YDF, could you mention all usecase $YDF beside for stake itself?

Yield Generator (YDF) [IF I DM

Today it’s used as the entry point to the yieldification project, and it’s true that the primary use case today that it serves is to enable users to enter and exit the protocol. Frankly, once someone purchases YDF on the market, just as they would’ve for OHM > gOHM or TIME > wMEMO, they should stake their YDF to earn yield in the form of a staking NFT. The NFTs are what currently provides and will in the future virtually all of the value from within YDF. WIth one or multiple staking NFTs users are:

1. Earning yield in the form of both YDF yield and ETH rewards

2. Will have governance power when we transition to a DAO structure in the future

3. Will be able to lend against the principal value of their stake NFTs in the future

Robocop | Satoshi Club

There are good utility that we can get by own $YDF

Pavel P

Can users stake any other coins or stables, for ex?

Yield Generator (YDF) [IF I DM

No, not today. Our protocol and ecosystem will revolve around the YDF token and the staking NFT collections that are used as certificates of deposit. This will ensure we’re providing the most value back to the protocol and ultimately the YDF community and investors.

Pavel P

Got it! Thanks for detailed answer.

Ready to proceed to the second question?

Robocop | Satoshi Club

Thank you for the answer, let’s go to second question ?

Yield Generator (YDF) [IF I DM

Sounds great!

Pavel P

Q2 from Telegram user @UniqueVicky

There are characteristics every user look for in a project and 3 of these characteristics are security, profitability and longevity. In the aspect of profitability, I see Yieldification is doing well in this regard,it offers an amazing staking returns. So how would you describe yieldification in the aspect of security and longevity? How secure is your platform and what elements guarantee its future in the crypto world?. Have you audited yet? How will you ensure that users/investors funds are protected?

Yield Generator (YDF) [IF I DM

 With respect to longevity, it is one of our core tenants and goals to support the project and provide value and yield back to investors for a long time to come. That being said there are some levers we can pull over time to ensure we are accomplishing those goals, including adjusting utility service fees, yield APRs, and burn rates. Also, with our future roadmapped products and revenue generating services, this should provide a huge amount of upside we can provide back into the ecosystem to ensure the yield we offer investors is sustainable for the foreseeable future.

In terms of security, our ecosystem is made up of 6+ different smart contracts that all work together in various capacities to ensure everything is functioning as expected. We had a lot of peer review happen throughout R&D and have paid for an exepedited audit from Solidity Finance to be delivered this Friday (Aug 12) to ease the public’s and investor’s minds of the security of our code. We will almost certainly have a nunber of professional audits ongoing as well to have multiple opinions and professional angles touch and review our code for maximum security coverage.

Pavel P

Great to read that! Are you planning to publish the security audit as soon as it is available?

Yield Generator (YDF) [IF I DM

Absolutely, the moment we get it in our hands is the moment we publish to the public

Robocop | Satoshi Club

We are glad it’s already audited and please share it also with Satoshi Club next friday

Yield Generator (YDF) [IF I DM

Definitely, will do!

Robocop | Satoshi Club

Thank you for the detail information, are you ready for the third question from community?

Pavel P

I think this attitude definitely shows your openness to the community!

Yield Generator (YDF) [IF I DM

Absolutely!

Pavel P

Q3 from Telegram user @Meta_MateX

Yieldification invites users to earn passive income by staking either their YDF or liquidity and receiving high returns in addition to a “certificate” or “receipt” of their current stake in the form of a NFT. Please elaborate more on your NFTs – do they differ by the amount of staked funds or they all have equal value and being distributed randomly? What is the further usecase of your NFTs? Can they also be staked or sold? Thanks!

Pavel P

You have already touched the NFTs but maybe you still have to add smth here

Yield Generator (YDF) [IF I DM

Great question, one of the most exciting features in the YDF ecosystem is the ability to stake a principal amount of YDF and earn yield on it. So by definition each NFT represents a different stake amount or principal value, APR (based on lockup period selected), lockup period amount of time, etc. Most staking platforms today hold all staking info & metadata on chain mapped to the user’s wallet, and you must be connected to the same wallet you staked to be able to check earnings, claim rewards, or unstake the original principal. We built around the idea that the principal amount, APR, earned rewards, and any lockup period selected for a particular stake to be tied to an NFT instead of a wallet address, and therefore the principal value, APR, and rewards can be tradable and transferrable on any NFT marketplace like OpenSea. This is EXTREMELY powerful and something not seen yet, and opens the door to many possibilities in the future.

In terms of future use cases for our NFTs, we plan to have exclusive access, additional rewards, and governance through a DAO structure among other things that will be exclusive to stakers. We’re excited about the future utility we’re bringing to the marketplace and building upon the innovation we’ve already materialized.

Robocop | Satoshi Club

By the way, on your introduction it’s mention about “Penalty” for early unstaker, can you share to us what kind of penalty that user will get ?

Pavel P

Wow! That’s an additional advantage to stake and get NFT!

Yield Generator (YDF) [IF I DM

Yes! All technical information on this can be found in our docs in the Unstaking Early section: https://docs.yieldification.com/yield/unstaking-early

In short though, a user can stake their YDF with lockup periods ranging from no lockup period at all, meaning they can unstake anytime without penalty up to a lockup period of 360 days (~1 year). The longer the lockup period, the higher the APR you will earn against your principal.

We didn’t though want to completely restrict the user from unstaking completely as situations arise that might require the user to need capital immediately, but if they unstake before the lockup ends they will be penalized based on the amount of principal they staked and how long they’ve staked against the lockup period. It’s important when you stake to understand the risk/reward and weigh the options appropriately.

Pavel P

And what happens with NFTs in case of early unstaking?

Pavel P

They remain at users disposal anyway?

Yield Generator (YDF) [IF I DM

One other detail that might be small but is very important, you can stake both YDF with single sided staking OR YDF/ETH liquidity in our platform, whereas liquidity staking has higher APRs you can earn. We also have zap functions that make staking liquidity extremely easy, so we recommend users using them when adding and staking LP inside the YDF protocol: https://docs.yieldification.com/yield/liquidity-zap-functions

Yield Generator (YDF) [IF I DM

Regardless of whether you are staking inside or outside of a lockup period and experience a penalty, unstaking will always burn the NFT. The NFTs are virtually useless once unstaked, so they will always be burned at the time the NFT owner unstakes to get back their YDF principal and earnings.

Pavel P

Could you share some examples of your NFTs?

Robocop | Satoshi Club

Great mechanism, it’s not for “weak hand”

Yield Generator (YDF) [IF I DM

Definitely!

Our single sided YDF staking NFTs can be found in this collection: https://opensea.io/collection/staked-yieldification

And our YDF/ETH liquidity staking NFTs can be found here: https://opensea.io/collection/staked-yieldification-liquidity

As you can see, the metadata associated with each NFT is different because the principal amounts, APRs, lockup periods, etc. is different for all NFTs

Yield Generator (YDF) [IF I DM

The NFT images correspond to the different “tiers” which are a function of the yield this NFT is generating. We have shrimp, squid, octopus, and whale tiers

Pavel P

Very nice addition to already high yields offered!

Thanks and let’s proceed to the next question now

Yield Generator (YDF) [IF I DM

Great!

Pavel P

Q4 From Telegram User @UncleStrange1

Yieldification aims to be the next blue chip in the making and that from your roadmap from the Q1 of 2022, you implemented a DAO governance system and $YDF will be the governance token. Can you tell us more about the DAO governance system? How can one be a DAO member in your ecosystem? How are decisions taken and implemented in the Yieldification project? What kind of voting mechanism is used in the DAO governance? Are decision making limited in the DAO or they can decide on anything?

Yield Generator (YDF) [IF I DM

Yes! As mentioned a number of times now in our staking NFTs we hold metadata that keeps track of all information about a stake inside of the NFT you are minted when you stake your YDF or YDF/ETH liquidity. This metadata will hold information used to calculate voting shares inside the DAO structure, and we plan to effectively build a DAO so investors and stakers can help make decisions about the current and future happenings/products/services/etc. of the project.

Robocop | Satoshi Club

 for Voting, how many token $YDF that user should own ? what other requirement?

Yield Generator (YDF) [IF I DM

There is no requirement other than the user have staked YDF or liquidity. If they have a stake NFT (or multiple) in their wallet, they will have voting rights in the DAO.

Pavel P

So the DAO is already launched, as far as I get. Do you already see the impact community makes through DAO decisions?

Yield Generator (YDF) [IF I DM

No the DAO is not launched yet, we will be building out the infrastructure and details over the coming weeks and months! It’s one of the things we’re really excited about!

Pavel P

Great things to follow! Please make notes, Satoshiclubbers!

Appreciate your answers!

Let’s jump into the next one!

Pavel P

Q5 From Telegram User @Cheriemike

Forming Partnership in every project is said to be the key to increase the value and quality of a platform.Accessing your website and roadmap I noticed that there are no information as regards to when you will introduce other projects to support Yield Generator platform.So I will like to know have you form any partnership yet with any project or will they anonymous for now?What features/expertise will you be looking at as you form this partnership that will enable you build a strong project?Any plans on having seed rounds to further develop more features of Yield Generator?Thanks

Yield Generator (YDF) [IF I DM

Just to reiterate again to ensure everyone keeping up knows, the project is `Yieldification` with a ticker of `YDF`, we have no ties or affiliation (other than my personal TG handle) to Yield Generator

To answer your question though, we are partnered with a number of strong advisors in the space that are assisting us with a number of things related to connecting us with their networks, adivsement on treasury investments for marketing among other things, and ultimately assisting to ensure the direction the project goes will lead to success. That being said, we are firm believers that partnerships need to be mututally beneficial and if we were to partner with any other projects we want there to be benefits happening on both sides. Today we believe we have a very strong foundation of tech and advisement from within, but will look to see what comes in the future in terms of partnership with other projects who have strong tech and value that we can leverage to make the YDF ecosystem stronger than ever.

Robocop | Satoshi Club

Yes, partnership is important thing to grow into bigger

Do you have plan to have collaboration with other NFT project and stake their NFT?

Yield Generator (YDF) [IF I DM

That’s a good question and one we haven’t considered to date. That being said though, again we will emphasize that this sort of partnership would require value being provided on both sides. We obviously wouldn’t offer a NFT collection an opportunity to stake in our platform to earn YDF yield, which would provide value for their NFT holders without an appropriate and comparable amount of value being provided back to the YDF protocol.

All that being said we certainly won’t be closed minded about potential partnerships, but we will be executing cost/benefit analyses on any potential partnerships and ensure we’re doing what makes the most sense for YDF’s future.

Robocop | Satoshi Club

Yes, we wait good news from Yieldification

Thank you for the clarification do you want to add something or we can go to last question?

Pavel P

Just keep an eye on Yieldification !

Yield Generator (YDF) [IF I DM

We can move on, I think everything is caught up at this point

Pavel P

Q6 From Telegram User @NguyenTh4nk96

Yieldification claim to become the 1st sustainable and high yield generating DeFi protocol. Actually there are a lot of similar yield farm that offer big reward or huge % APY, so would you please mention about what mechanism that makes Yieldification (YDF) keep sustainable? And could you please share what best feature or tools that Yieldification have inside your platform which different than your competitor? Lastly, do we only possible to stake token, how about NFT staking?

Robocop | Satoshi Club

I saw a lot of user ask about NFT

but i believe you have something to add here

Yield Generator (YDF) [IF I DM

Yes, but every one of these smaller yield farming projects you mention either already have collapsed due to too many emissions or are on the path of collapsing. As stated already but worth listing again we have a number of things that support the sustainability of the project long term, some of which include:

– Yield vesting, which means any yield you earn from staking will vest over 90 days after claiming and/or unstaking your YDF (https://docs.yieldification.com/yield/ydf-yield-vesting)

– Burn tokenomics and mechanics from time decaying sell tax & early unstake penalties that burn YDF to be used as future yield for stakers (https://docs.yieldification.com/fundamentals/ydf-and-tokenomics & https://docs.yieldification.com/yield/unstaking-early)

– Upcoming revenue generating utility through an NFT marketplace and stake principal lending that we will use to support the yield we offer investors (https://docs.yieldification.com/roadmap/roadmap-and-utility)

– APR levering, which we will monitor closely and adjust as needed to ensure the APRs we’re offering align with the burns and yield generation we have

Robocop | Satoshi Club

Thank you for the clear and detail answer , oh by the  way i have one last question

Yield Generator (YDF) [IF I DM

Sure

Robocop | Satoshi Club

For Yieldification NFT, you mention about “We have shrimp, squid, octopus, and whale tiers” , do they have different value when we staking them ?

Robocop | Satoshi Club

and how do we get them? its random to get?

Yield Generator (YDF) [IF I DM

Yes! Today it’s based on the yield being earned in the NFT against the YDF supply. Right this moment the tiers are as follows, but we will likely end up tying the tiers to a USD value in the future since the percentage of supply could be vastly different USD values as YDF price fluctuates

shrimp: yield is 0% to 0.05% YDF supply per year

squid: yield is 0.05% to 0.25% YDF supply per year

octopus: yield is 0.25% to 0.9% YDF supply per year

whale: yield is 0.9% or more of YDF supply per year

Pavel P

Thank you @yieldgenerator for this emersion into Yieldification!

Robocop | Satoshi Club

Oooh ! i hope i can become the whale

Yield Generator (YDF) [IF I DM

Thank you!

Pavel P

You are already a whale. Important is to feel it into yourself

Yield Generator (YDF) [IF I DM

Yes it’s a state of mind ser

Robocop | Satoshi Club

Haha agree with you

Robocop | Satoshi Club

Thank you for all the great answer from part 1! It’s really informative and good time for the first part. 

Now let us proceed to 2nd part of AMA with Live section from audience. are you ready for the question? @yieldgenerator

Yield Generator (YDF) [IF I DM

Yes enjoyed telling you and your community about YDF and all we have to offer

Yes sounds great!

Pavel P

Get ready for some storm now!

We will open chat for 120 sec only

Once we close it back please choose 10 questions to answer

Please do not answer any questions during the storm

Are you ready?

Yield Generator (YDF) [IF I DM

Yes

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Abraham786

There is 15% sell tax at the start,
Dont You think, big Investors will stay away from buying the token?

Yield Generator (YDF) [IF I DM, VALIDATE ME]

This is potentially a fair concern, although this tax directly incentivizes long term holders. Our goal for YDF is not to just freely and excessively trade, although if you wish to do that through our primary on/off ramps you’re welcome to, but you will realize this sell tax that is decaying over time. This tax is one of the several mechanisms already mentioned to add yield and value to the long term holders and stakers.

Q2 from Telegram user @itzabhi69

Is Yieldification fully KYC Assured or Not? Are total team members verified ? Where Can I view their KYC #NFT?

Yield Generator (YDF) [IF I DM, VALIDATE ME]

Yes, we are fully KYCed through AssureDefi to ease the concerns of any current and future investors and you can see our KYC certificate here: https://www.assuredefi.io/projects/yieldification/

Q3 from Telegram user @Tavasya23

You have Mentioned that Users Can Easily EARN UPTO 300% APR , Is this Really True , If yes than I also Want to Invest here ,May I know what step I should follow for that. ?

Yield Generator (YDF) [IF I DM, VALIDATE ME]

This is true! And you can earn this APR by staking your YDF/ETH liquidity with a 360 day lockup period! You can earn good returns by staking both YDF and liquidity, but liquidity earns higher yields than single sided staking because this tremendously benefits the protocol by adding liquidity for trading and incentivizing larger holders while also ensuring you’re protected against any potential impermanent loss experienced by staking your liquidity over time.

All APRs can be seen in the docs below or by simply going to our platform yieldification.com/stake:

https://docs.yieldification.com/yield/staking/sydf-single-sided-staking https://docs.yieldification.com/yield/staking/slydf-liquidity-staking

Q4 from Telegram user @curiosoAMA

Can you explain us the differences between sYDL and slYDF NFT? How can we earn them and what benefits we will receive by owning them?

Yield Generator (YDF) [IF I DM, VALIDATE ME]

Because we have two different methods of staking depending on if you’re staking YDF single sided or YDF/ETH liquidity, we opted to distinguish between two different collections indicating what you’re staking. sYDF tokens are single sided staking NFTs, whereas slYDF is liquidity staking NFTs

As already provided but will provide here again, the collections are as follows:

Single Sided YDF Staking (sYDF): https://opensea.io/collection/staked-yieldification
ETH/YDF Liquidity Staking (slYDF): https://opensea.io/collection/staked-yieldification-liquidity

Q5 from Telegram user @Choosely94

You stated that having zap functions makes staking liquidity extremely easy. May I know if Zap Function is simple to use and fast enough to accomplish the difficult task of staking and supplying YDF liquidity in single transaction?

Yield Generator (YDF) [IF I DM, VALIDATE ME]

We didn’t talk much about our zap functions, but they are very important and useful if you are wanting to earn the higher APRs liquidity staking has to offer! Our zap functions provide a painless way to convert ETH, YDF, or both to liquidity and staking it all in one transaction. You can find more details in our docs below, or by going to our platform yieldification.com/stake, clicking on the slYDF button, and seeing the zap options:

https://docs.yieldification.com/yield/liquidity-zap-functions

Q6 from Telegram user @Shiva_shivi

As YDF is being traded on Uniswap,
Various Small Investors don’t want to trade Ethereum tokens on Uniswap because of its high tx Fee,

What all Reasons You had to go with Ethereum based token?

Yield Generator (YDF) [IF I DM, VALIDATE ME]

We understand gas fees on Ethereum have been high in the past, but there are a number of reasons and things we have done and can look forward to in this regard:

1. Gas fees as of late have been very reasonable because of the decrease in traffic on the network compared to ATHs
2. The ETH merge should make gas fees a non issue moving forward even for smaller investors
3. When we list on exchanges, users can trade their YDF there without much concern for gas fees, although they will need to send their YDF to a noncustodial wallet in order to stake.

Q7 from Telegram user @Ratash97

How much locked time before we can retrieve pur funds in the liquidity staking ?

Yield Generator (YDF) [IF I DM, VALIDATE ME]

So both the single sided YDF staking (sYDF NFTs) and liquidity staking (slYDF NFTs) offer a range of lockup periods and APRs. Both have a 0 day lockup option, and lockup periods with as little as 14 days to as much as 360 days. Feel free to check out the lockup period options per staking options here:

https://docs.yieldification.com/yield/staking/sydf-single-sided-staking
https://docs.yieldification.com/yield/staking/slydf-liquidity-staking

Q8 from Telegram user @YRUSelling

Can we withdraw our assets by paying plenty when the assets are locked?

Yield Generator (YDF) [IF I DM, VALIDATE ME]

If you are still within a lockup period but would like to unstake still because you need the capital, you can absolutely do so, but understand the penalties you will experience should you decide to do that. In the platform, when attempting to unstake a stake NFT still inside a lockup period there is a very clear warning you will see before doing so, so you understand the penalty. You can also calculate the penalty as described in our docs here:

https://docs.yieldification.com/yield/unstaking-early

Q9 from Telegram user @UncleTheStrange

From your Twitter page I noted that you have one cool feature you built into the protocol is in addition to a set APR earned on staked $YDF or liquidity, there is also native ETH rewards above and beyond said yield. Tell us more about this feature, how does it work? What are these rewards based on?

Yield Generator (YDF) [IF I DM, VALIDATE ME]

es, through a small perpetual trade tax in addition to manual additions we will potentially add from the treasury over time, you are also earning native ETH rewards ON TOP of the normal yield by staking. The amount of rewards you earn today are functions of 1. the principal and amount of yield you are earning on your NFTs and 2. the amount of trade volume YDF has.

Again we will be adding to these pools over time as we begin generating revenue through future utility as well.

Q10 from Telegram user @UniqueVicky

Can you explain what you mean by lending against principal value of sYDF and sLYDF NFTs, and when are you launching this exciting feature?

Yield Generator (YDF) [IF I DM, VALIDATE ME]

Yes, so there is a principal value tied to any staking NFT (both single sided or liquidity staking). We will be building a product that allows us to securely borrow assets against this principal value and do what you wish. We are working out the finer details, but our expectation will be you can borrow native or stable assets such as ETH, USDC, USDT, MIM, etc., where we will incentivize liquidity providers in exchange for rewarding back lending fees. This will be similar to other lending protocols you likely are aware of on the marketplace today, but we will almost certainly have a few tricks to make it better, more intuitive, sustainable, and ultimately drive more traffic our way for those looking for borrowing and lending their assets for earnings and yield

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/
Russian Telegram group: https://t.me/satoshi_club_ru/
Spanish Telegram group: https://t.me/satoshi_club_spanish/
Telegram Channel: https://t.me/satoshi_club_channel/
Twitter: https://twitter.com/realsatoshiclub/
Website: https://esatoshi.club/

Our partners:
Telegram –https://t.me/yieldification
Twitter-https://twitter.com/yieldification
WebSite –  yieldification.com

We are pleased to announce our next Flash AMA on August 12th, 2022 at 03:00 PM UTC Time: Satoshi Club x BTC Proxy

⚠️Click to see the hour
⚠️Total Reward pool: $200

⚠️Requirements:
Join Satoshi Club Telegram group
Join BTC Proxy Telegram group
Join Satoshi Club Discord server

We will have the following structure:

Part 1: Project Introduction.

Part 2: 200$/10 users – Open chat for 120 seconds. You can post Max 3 questions. BTC Proxy Team will select 10 questions and answer them.

For more details:
BTC Proxy Website – btcproxy.io
BTC Proxy Telegram – @BTC_Proxy
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on August 9th, 2022 at 03:00 PM UTC Time: Satoshi Club x Polysynth

⚠️Click to see the hour
⚠️Total Reward pool: $500

Requirements:
Join Satoshi Club Telegram group
Join Polysynth Telegram group
Join Satoshi Club Discord server

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Polysynth Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Polysynth

For more details:
Polysynth Website – polysynth.com
Polysynth Telegram – @polysynthcom
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next Voice AMA on August 9th, 2022 at 05:00 PM UTC Time: Satoshi Club x ProtocolX

⚠️Click to see the hour
⚠️Total Reward pool: $500

Requirements:
Join Satoshi Club Telegram group
Join ProtocolX Telegram group
Join Satoshi Club Discord server
Join ProtocolX Discord server

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. ProtocolX Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about ProtocolX

For more details:
ProtocolX Telegram – @ProtocolX_PTX
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish