We are pleased to announce our next AMA on June 20th 2021 at 01:00 PM UTC Time: Satoshi Club x ITrustFinance
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join ITrustFinance Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. ITrustFinance Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about ITrustFinance
For more details:
ITrustFinance Website – itrust.finance
ITrustFinance Telegram – @iTrustCommunity
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
iTrust’s goal is to alleviate current pain points in the DeFi insurance industry. What are those weaknesses today and how does iTrust work to successfully alleviate each of these? What are these 3 pillars that hinder the efficiency and growth of the protocols that iTrust is focused on? and what role does the community play in maintaining a safe and efficient ecosystem?
About a partnership with NexusMutual platform has been announced in iTrust Finance Twitter page recently. And also there is a offer to host of staking benefits to the $NXM holders & $wNXM holders. Can you explain more about this partnership & staking benefits event? You have totally 8 partnerships already. How about the contribution from them to iTrust Finance for arising against the competitive market? Will there be more partners in future?
On its website it says that iTrust is a platform with 3 features; Community Arecife, Ship “REKat” market and Staking Vaults but none are available, when will they be available? Do you have any up-to-date information on its features and likely release dates? What would be the primary launch or do you plan to do the launches at the same time? Or does it have any future extra features that will be part of the iTrust marine ecosystem?
iTrust Finance integrate with upcoming features called Staking Vaults, Coral (LP) Farming, Community Reef & Ship “REKT” Market. I couldn’t discover more details about these features. Can you explain about these features with some examples? How are these features deployed for the mass adoption of iTrust Finance in crypto ecosystem?
From your website it was stated that Modern Mutual insurance arose from ships returning to London in the 17th century. If your ship was sunk, the losses were high. Thus was born the modern mutual insurance model.Is the history part of the iTrust Community Reef?Can you tell us about the mutual insurance what it really covers?What security strategies have you put in place to avoid ship wrecking or sea pirate?
In your white paper, Harberger tax utilized to mange the occupancy of a property. Can you explain about Harberger tax theorem which is used in governance of tokens with an example? How did you combine Harberger tax theorem with the mechanism of Yield.vote dApp?
I saw that 12,5% goes to the Management and Funder isn’t it to much?
I saw that you will launch an app soon, do you have a sneak peek? Or can you tell us more about it?
I saw you’re planing a coral LP Farming can you tell us something about the APR?
NFTs are dominating the market with great force, every day their popularity has increased, so are the characteristics of Mollusc NFT, Pearl NFT and Ambergris NFT? What is the special use of these NFTs? or are they just adornment tokens? How are users benefited within the ecosystem? Does iTrust have a Marketplace?
In your whitepaper, you have mentioned about two vaults, namely, The Nexus Mutual Index and the iTrust Low Risk Staking Vault. It seems we have to choose one based on our risk appetite. Apart from that concern, are there any differences between these vaults? Plus, can a same person invest 25% of the capital in Vault A and 75% in Vault B? In other words, is using multiple vaults allowed? Further, are you planning to introduce more vaults in the future? If so, what are they?
In your whitepaper it was stated that for one To participate in community and governance votes,users needs to purchase a voting ID and the user needs to hold iTrust tokens for their voting ID to be valid.How will the voting be done? Where can one purchase the voting ID and how much will it cost?What will be the minimum/maximum amount that iTrust user needs to hold for their Voting ID to be valid and what are the benefits for purchasing this ID?
iTrust.finance is a Decentralised Autonomous Organisation focused
on alleviating current pain points in the DeFi insurance sector using the iTrust Community grand fund (CGF)and Vault Strategy discovery fund(VSDF). And we know that A DAO is usually operated by a community of stakeholders incentivized through some kind of token mechanism. What is iTrust Community grand fund (CGF)and Vault Strategy discovery fund(VSDF)? And how do you plan to use it in your defi insurance protocol?
Looking at your token distribution, 60% of the total supply of 100 million is allocated as community allocation. From this community allocation, you allocated 10% to Community Grant Funds (CGF) and 5% to Vault Strategy Discovery Vaults (VSDV). These two funds is designed to incentive users who are willing to use DAO to enhance the iTrust platform as well as partake in the development of iTrust curated vaults. What is the difference between the two funds and why is CGF allocation higher than VSDF? How will you identify the right community members that will be drafted into CGF and VSDF working groups and how will users assess funding/rewards from these fund allocation?
One of the functions you said you will be able to deliver after launch is a unique staking solution which you called Symbiotic Staking. This will be done in collaboration with Nexus Mutual. How will you be able to manage Nexual Mutual cover protocol directly from your application and unlock staking capacity that were inaccessible to users on Nexus Mutual platform? How is this symbiotic staking designed to offer a host of yield-maximising staking options for Nexus Mutual holders and at the same time provide a reward accrual management structure that will offer extra value reward in addition to the maximised shield mining reward for all users of iTrust DAO Vault?
One of the concepts iTrust is implementing on its platform is that if voting ID’s which will grant users some access rights such as access to community governance, and also the prediction markets of iTrust, so how do users obtain this ID’s, what kinds of informations will this ID’s contain. How will your prediction markets work, and how will the use of this ID’s in your prediction market help ensure integrity is maintained in the prediction markets, what will users of this prediction market stand to gain especially for accurate predictions..
iTrust intends to create Community Grants Programs (CGPs) in order to empower the community to develop projects for the benefit of the DAO..How will this community grant program work, how will funding for this program be sustained, what kinds of projects do you intend to empower the community to develop using this program, how will developers who have intentions to benefit from this program do so.. and how will the program be made to be of benefit to the DAO…
In collaboration with finance.vote, iTrust will be implementing a Vault Strategy Discovery
Fund (VSDF) and a REKT market which is said to be a vote market that will utilise quadratic voting to detect crowd perception of covered contract blow up risk, with a basket of contracts that are available in the insurance protocols that iTrust Vaults interact with.. so what will the vault strategy discovery fund be for, and how will this help in the discovery of vault strategies, what role does finance vote play in the Vault strategy discovery fund and the REKT market of iTrust. How will this REKT market be implemented and how do you intend to get users perception using this REKT market on the Blowup risk of covered contracts that are available in your insurance protocol
You will launch the REKT prediction market which is designed to serve as a risk assessment strategies for vault structures in order to avoid “shipREKT” which may be caused by interacting with dangerous contracts in the Sea of DeFi Piracy. This sounds interesting just like the story of insurance that you have on your website. Hence, I will like to know more about your REKT prediction market and how it is designed to create a market signalling activity that can assist users in assessing market blow up risks as well as other hacks or compromise? How does the quadratic voting principle that will be used by this prediction market work and how will it generate informed intelligence that can enable users to avoid financial “shipREKT”?
Would you please tell me why you have decided that iTrust.Finance should be devoted to remaining autonomous for the development of permissionless entities? How do you make sure that every user plays at least a tiny part in the future of iTrust Finance concerning the DeFi outlook?
Private sale and public sale are beneficial to pay for operational & project development costs, How can the ITRUSTFINANCE team attract investors so that they can contribute to buying token sale of $iTG tokens? And where we can buy $iTG tokens?
iTrust.finance will provide network rewards to staking participants in the forma of the Governance Token $iTG, but seeing as there aren’t any tokenomics docs released yet, do you have any small allocations to encourage more users to become staking participants? Is there a burning process for each percentage of transactions made on the iTrust platform?
To obtain the benefits of staking in Nexus Mutual, it is necessary to carry out the KYC, therefore, is this platform available for any region of the world? There are no country or city restrictions?
How do I participate in the $iTG IDO token, then can you provide an overview of #iTrustFinance tokenomics and Big projects will have big partners so #iTrustFinance can explain some of the partnerships you have to lead to a successful future?
What strings does iTrust support? Are you making arrangements to start working with other chains?What benefits if I have $iTG token? and when $iTG can staking and farming like most other tokens? Any plan to list at major exchanges like binance and Coinbase
I find interesting that according to your theme of ocean, coral reefs and marine landscape, you compare the symbiotic relationships between marine animals to the benefits of the iTrust Finance staking, explaining that the parties involved in the staking have a beneficial relationship, describing this as “Symbiotic Staking”. So can you tell us more about your staking vaults? Can you please explain how both parties, staker and protocol, benefit mutually when staking with iTrust? How is structured the iTrust staking so staker and protocol can positively influence each other?
Hi sir , i wanna know about itrust IDO on sushi swap which is gonna happen on 23 june, should i have to hold some tokens to participate in this IDO? Also share some details regarding that , Thanks
We have seen many projects been a victim of hacks, exploits and the like this year so what measures have been taken to protect the iTrust investors?
I would like to know if you have completed any security checks from a well known and recognized auditing firm like Certik, HackEx, etc?
Q4 2021 of iTrust.finance’s Roadmap shows the upcoming creation of the Community Vault Discovery Vault Fund Launch, since it’s one of the last goals to be accomplished in this year, would you share your thoughts on how you’ll plan to get the revenues for this particular fund? What special benefit or cause is this fund going to support? What strings does iTrust support? Are you making arrangements to start working with other chains?
iTrust Finance seeks to improve efficiency and usability in the Defi market. I saw the lengthy list of iTrust Finance partners and investors. Who are the most unique features and policies to convince the partners and investors and individuals?
How will iTrust handle four (4) big problem of blockchain:
Security,
Speed,
Scalability and
Interoperability?
Good projects always have an experienced team behind them. Can you tell us something about your team and their experience in the market?
Thank you.
I was doing my own research through on I Trust Key Tenets of Operation and found that iTrust.finance will manage the end-to-end staking process by providing an easy-to-use reward accrual platform, could you please explain to me how efficient it’ll be for the community to work with this platform? Is this platform going to be available for everyone in every part of the world? How long will it be before users can stake ETH-BTC on the iTrust platform?
Thank you
#iTrust warranty factors are based on three major ones: Efficiency, Increased Returns and Simplicity. Can you explain to us why these three factors are essential in the infrastructure of your ecosystem and how it guarantees profitability in the users?
What benefits if I have $iTG token? and when $iTG can staking and farming like most other tokens? Any plan to list at major exchanges like binance and CoinbaseQ4 2021 of iTrust.finance’s Roadmap shows the upcoming creation of the Community Vault Discovery Vault Fund Launch, since it’s one of the last goals to be accomplished in this year, would you share your thoughts on how you’ll plan to get the revenues for this particular fund? What special benefit or cause is this fund going to support?
Mobile apps are one of the most important characteristics that a project of this style can have, as it helps to connect users with each other more easily, I could notice that Itrust does not have an app yet, however you are working on it, I Would like to know what new features that are not currently available in ITrust will you present in the app, how close is the launch? will it be global? And finally if it will be released on both android and IOS?
One of the most important features that Itrust plans to implement is to let users earn rewards by staking in one of itrust risk managed staking vaults, exactly what percentage of profit will the users who stake your token have annually? The fact that you say “one of itrust staking vaults” also caught my attention, does this mean that there are other staking vaults available? How exactly does this system work?
On your website I noticed that you plan to implement a kind of market prediction, called “Ship REKT market”. It is no secret that there are many speculators and traders with a great success and percentage of profits, do you plan to offer some type of rewards to those users whose predictions are the most accurate and allow generating a greater volume of income to other users? I would also like to know, how can users be part of this “Ship REKT market”?
It seems that a lot of projects from 2017 are gone and failed to deliver on their promises. How will $ITRUST FINANCE avoid the same fate? How can we be confident that $ITRUST FINANCE won’t disappear a year from now?
Would you please tell me why you have decided that iTrust.Finance should be devoted to remaining autonomous for the development of permissionless entities? How do you make sure that every user plays at least a tiny part in the future of iTrust Finance concerning the DeFi outlook? iTrust.finance will provide network rewards to staking participants in the forma of the Governance Token $iTG, but seeing as there aren’t any tokenomics docs released yet, do you have any small allocations to encourage more users to become staking participants? Is there a burning process for each percentage of transactions made on the iTrust platform?
The features of iTrustFinance are: staking vault, coral (LP) Farming, Community Reef and Ship Rekt Market. But I would like to know your opinion and plans about the NFTs, I think that iTrustFinance should carry out projects that involve the NFTs due to the demand and popularity that they have today. What is your opinion regarding this issue? Do you plan to expand your limits and explore the NFT ecosystem?
Two days ago through your Twitter account you announced a partnership with NexusMutual, can you please explain to us what benefits you get from this partnership? What can NexusMutual bring to iTrustFinance that is useful for you? Also, do you have plans to announce more strategic partnerships soon?
iTrust has 100M total supply with the biggest allocation 60% for community. As the core activities what kind programs and features that iTrust provides for them? What is the $iTG use case and how does it capture the value of the ecosystem you are building?
It caught my attention that iTrust employs a “buy back and hodl” strategy to generate a deflationary pressure on the $iTG tokens, instead of using the buy back and burn method as many of the DeFi projects are doing right now. Can you please explain more about this strategy? How often will you buy back and which funds are going to be used for this? And what are the advantages for iTrust of taking the tokens out of circulation and holding them, instead of burning them?
iTrust Finance introduces the Community Grants Programs (CGPs), that empower the community to develop projects for the benefit of the DAO. Can you please explain exactly what kind of projects do you encourage the community to develop? Do you only provide them with financial help or do you also offer them guidance and advice during the process of developing these projects?
One of the characteristics that makes ITrust.Finance great is the coral culture that is based on generating liquidity for the network, how do ITrust users participate in the various innovative rewards programs and could you tell us about those rewards programs?
On your website I read that Itrust.Finance will be in charge of providing solutions that are beneficial to the different parts of the DAO and the underlying protocols, could you tell us a little about the strategies that ITrust.Finance have planned to implement to achieve a solution in a way that benefits to the various parts of the DAO, users and the underlying insurance protocols?
The start of the ITrust.Finance project aims to alleviate the weak points that are currently in the DeFi insurance sector, focusing on the three pillars that hinder the growth and efficiency of the various insurance protocols in the DeFi sector. What are the three pillars that ITrust.Fiance considers to be those that hinder the progress of insurance protocols in the DeFi sector and through what strategies does ITrust.Finance intend to reduce or alleviate the difficulties faced by the DeFi insurance system?
You are a relatively new project, and something that has caught my eye about iTrust particularly is the number of innovative products you offer, which is quite an impressive feat for new projects nowadays. So, I’d like you to tell us more about the REKT Prediction Market and the Vault Strategy Discovery Fund. Even though they seem very interesting, I’m a little confused about them. How exactly will they work and what are the main benefits they will bring your community long-term? Also, if I’m thinking of investing in your project what are the steps I should take to become a part of your community?
As a potential investor, I’d like to know how you plan to incorporate a governance system into your project. How do we as a community get to have a voice and actively participate in the decision-making process? Also, how can we help actively promote iTrust?
According to your website, iTrust is a platform with three features: community accounts, a ship “REKat” market, and staking vaults, but none of these are available. When are they going to be available? Do you have any current information on its features and anticipated release dates? What would be the primary launch, and do you intend to do the launches concurrently? Could you also explain briefly to the community what are the difference of the 3 features?
Estuve analizando sus proxima alianzas y pude notar que pronto tienen como meta asociarse con TotemFi para uno de sus eventos. Tienen ya una fecha programada y pueden adelantar 3 de los beneficios que obtendria la comunidad criptográfica con tal alianza?
Based on your experience in the global cryptocurrency business, what would be the current weaknesses in the DeFi insurance sector? And under what strategies does iTrust.finance overcome those weak points and turn them into profitable advantages?
What would be those 3 common pillars that could hinder the efficiency and growth of insurance protocols in the DeFi sector?
iTrust.finance provides a beneficial solution for all parts of the DAO. Knowing that today the power of hackers is increasing despite the great technologies that have been implemented in order to provide security. my question is what do you mainly rely on to secure the security protocol of the DeFi sector?
Exploring your next goals, you plan to partner with TotemFi for one of your events, could you tell us why you chose TotemFi for this alliance and if you already have a scheduled date for this partnership?
The iTrust Vault structure complies with the second tenant of iTrust.finance
maximizing participation rewards for DAO members. How will iTrust support payment of those rewards from DAO members?
Rug thickness is the amount of tokens committed to the liquidity
pool that can never be taken out and the sum total of the permaliquidity in the market.
¿Could you tell us how many tokens will be committed to liquidity? Is it a 100% non-changeable decision?
You mentioned two vaults in your whitepaper: The Nexus Mutual Index and the iTrust Low Risk Staking Vault. Could you explain the distinction between these vaults?
Can you provide to the community with all or any of the links required for your project?
I see iTrust offers two types of staking Vaults, the Vault B is a low risk staking vault, which leads me to the question … what makes it low risk? Is it a simplified version of the Vault A (Nexus Mutual Index)? Can you explain the criteria to choose A or B?
I was reading about your DAO Fee structure and caught my attention that you plan to make votations in 2026 to decide the distribution of your fees to incentivize stakers, but how will it be manages until that years? Will there be no voting in the previous 5 years?
I just got noticed that your native token operates using the Ethereum Network, but as you know, this network charges so many high trasaction fees, so can you tell us if Itrust have planned Integrate more cheaper chains? Like Polygon, polkadot or BSC?
❤️ Itrust main goal is become a leader in terms of DeFi insurance, so can you tell us which unique benefits do you offer in this field? How much Innovative are you?
Trust.finance seeks to improve efficiency and usability in the DeFi market, what flaws have you observed or with which you are not 100% satisfied, what strategies will you use to achieve these changes?
Despite the fact that DeFi is one of the most used protocols in cryptocurrency activities, as they say in their whitepaper, could you tell us what are the needs that must be reinforced and what contributions does Trust.finance make to this tool so useful for the crypto industry?
No matter how much security measures do you take, always exists risks , so can you tell us how do manage the risks?
What is that beneficial solution that you are talking about and that is aimed at all parts of DAO and the underlying insurance protocols?
Commonly be insured is a privilege to a few users or projects, so can you tell us how Itrust choose the projects/users to insure them? What do we need to be eligible to it?
How can we participate in the IDO launch on June 23rd ? Is the white list already closed ? With which stable currency will we be able to buy ?
To increase the scarcity of every $iTG token in circulation and as the CEO wants to take questions about burning, tell us how will your burning mechanism works differently in the Platform and how much percentage of every transactions do you plan to removed or burned from the total supply?
Can you tell us more about what you’re building here at iTrustFinance? Also what are iTrust’s Key Cornerstones and how will these cornerstones going to benefit us or the #DeFi space as a whole?
#DeFi is a groundbreaking space, but they said that UI/UX can be a barrier to entry for some. So can you explain more how will iTrust eliminates those barriers to entry?
In your whitepaper it’s mentioned that you use a buy back and HODL strategy, and something about a “Fund 26”, but I couldn’t really understand what’s all about, can you explain what this fund is and how it is useful for your buy back strategy? What does it consists of?
How much token supply do you have?Can you explain the tokenamics of your project .Which all coins are available for staking?
How can i contribute to your project? What are the features of your project app have you discovered any video of your app for the user?
When i was researching on your project i saw a new type of market i haven’t seen about it anywhere, Ship”REKT” Market can you give me an explanation of this market and what are it’s benefits.Like that i also saw a farming feature Coral LP farming, Can you give ma an explanation of this feature also and it’s benefits.
iTrust IDO has already received over 10000 applications for 600 spots whitelist available. I understand that due to high number of kyc its taking period to accept but how long period is it is expected to be waited kyc on queue of applicants? you have further increased small number of spots but how many more spots wil be available is not clear. Please provide further details on this and the process of your IDO to be selected.
An important feature of iTrustFinance is the Pulse Liquidity Mining. This is a governance privilege available to $iTG token holders, with an ability to decide the emission of LP rewards to liquidity providers through the issuance of tokens in “Pulses”. Also, decisions are taken before the start of every cycle by token holders, to determine the iteration formula which would be adopted. With such critical decisions left to the control of $iTG token holders, what measures are provided to avoid conflicting concensus by stakers on best pulse iterations to adopt, and since such actions have a direct effect on the price discovery of $iTG tokens, how will iTrustFinance ensure that rules are set to mitigate inflationary tendencies?
How much token supply do you have?Can you explain the token supply distribution.Which all coins are available for staking?Do you have to implant your project into NFT? Which is blockchain of your project?
An important aspect of iTrustFinance support scheme is the iTrust Community Grants Program (CGP), which would be created to empower the community to develop projects for the benefit of the DAO. The CGP when fully functional, would provide guidance, mentorship and funding to individuals and teams participating in the program. Even as the success of this program is directly hinged on the availability of funds, how would the Community Grant Funds (CGF) be generated and consequently distributed among the selected individuals and teams of the CGP, and what criteria does iTrust consider in it’s choice of eligible persons or teams for it’s grant program?
Can you tell us about the Finance.vote x iTrust.finance partnership, what results would you like to achieve in this ok collaboration?
Do you have any up-to-date information on its features and likely release dates? What would be the primary launch or do you plan to do the launches at the same time? Or does it have any future extra features that will be part of the iTrust marine ecosystem?
I see that iTrustFinance has a Ganesis NFT program, can you tell me a little information about this program and its tokenomic ?
how safe it is to STAKE tokens in iTrustFinance, what security mechanisms do you implement? does your party provide compensation for user losses if one day your platform becomes the target of hacker attacks?
how secure is the iTrustFinance smart contract, who is the third party performing the Audit, can tell us the Audit score?
Every project has an interesting story before it is created. So why did you decide to create iTrustFinance, what problems do you think should upgrade to DeFi ?
Hi iTRUST!
I’ve got a very simple question for starters. The project name TRUST Finance has a strong banking sector and DeFi connotation. Yet your website is clearly styled with a coral reef sea thematics. Could you share some history, what is the connection between DeFi and the sea and coral theme? Thank you and good treasure hunting to you!
Hi iTRUST!
Please share the details about the Community Grants Fund. What are its goals and how is it going to be funded? I’d also like to learn what incentives and projects this fund will be supporting, will the spending be limited only to the iTrust platform or could other projects who want to collaborate with you apply for a grant as well? Thank you!
Hi iTRUST!
I know that iTrust.finance’s partnered with Nexus Mutual! This is a promising partnership as it will allow DeFi users to finally have a means of mitigating at least some of the risks and insure their investments. Could you explain in detail how this insurance works? Is it automatic for all iTrust users? What cases of loss does it cover and does it guarantee a 100% coverage? And finally where do the funds come from. There should be a substantial pool to compensate all victims if a major project collapses. Thank you!
Can you explain more about the Genesis Loyalty Program of iTrust Finance? How does it work and what are the mechanics of this loyalty program? How and who will be eligible for this loyalty program in your platform? What are the incentives or rewards that is claimable from this loyalty program? How does rewards or incentive be distributed to users of ITrust Finance? Thank you
What are the functions of the Nexus Mutual Index and the iTrust Low Risk Staking Vault? Could you tell us the difference between these two staking vaults?
In future developments, iTrust token holders will be able to claim and purchase limited edition NFTs allowing the holder privileges, how much is the minimum token should I hold for me to be eligible for that limited edition NFT?
Users will be able to withdraw their funds from their Vault at any moment, but will they be required to meet any restrictions, and how will the withdrawal procedure work?
The website design of iTrust looks quite artistic and this made me to think about NFTs! What are your opinions about this new trend of NFTs? Do you have a plan to implement NFT to iTrust project?
Can you please give some information about the “Community Vault Discovery Fund”? Why did you need to create such a feature and how will iTrust project and investors will have benefits on it?
Successful project, promising ideas and building a good community very important for the new projects. However, charity actions are also quite important for the project, community and of course for the good cause. Do iTrust have a charity action of do iTrust plan to have an charity action?
Crypto Whales nowadays grow along the crypto industry evolution, now focusing their interest on the prediction market. Their ability to forecast and read the market makes it unfair for new users who doesn’t know the fundamentals on this type of market. Since iTrust Finance will be launching Ship Rekt Prediction Market, will this market allow whales? How will iTrust minimize whales to be fair for all users in this feature? How will be the interoperability of this market?
iTrust.finance partners with Nexus Mutual to offer a host of staking benefits to $ NXM and $ wNXM holders. So what are the benefits of staking for $ NXM and $ wNXM holders, and how do you access them? Do we need to own two tokens at once or do we have a choice? What other programs can you offer to $ NXM and $ wNXM holders? Do the benefits you offer users depend on which token they own? Do you cooperate with any other projects, offering advantages and benefits to the holders of their tokens?
Just like a sunken ship, project who scams and are rugpulls takes away every asset of users including investor’s funds. This gave birth to modern mutual insurance model. Can you tell me what type of insurance do this offers? What type of insurance does it covers? To be able to avail a subscription for this feature, does it require a minimum token to hold or a premium access or is it for every iTrust users?
iTrust.finance provides a win-win solution for all parties of the DAO and the underlying insurance protocols. You focus on 3 common cornerstones that are hindering the effectiveness and growth of insurance protocols in the DeFi sector. What global problems does iTrust.finance struggle with and what solution does it offer? And what makes the solutions and features offered by iTrust.finance effective and unique?
ITrust finance is a Defi insurance with risk managed staking which one have governance and voting system inside your Ecosystem. Could you please what kind of decision that your community will vote in ITrust Finance? Do all token holder possible to vote on ITrust Finance?
How will your strategy be to manage this project to get the best place in the market and become the best token in the blockchain world?
what is your strategy to convince investors to join the project you are currently working on?
Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set.
What is your strategy to attract new users and Investor to Your platform and keep them long term ?
Is the ITRUST project a local project or a global project? Can anyone use your service from anywhere in the world or are there certain territorial restrictions? And does ITRUST have local communities to get to know your project in various countries?
“Establishing a community vault discovery fund” was one of the future goals you wanted to make and that impressed me the most. Can you elaborate on which member of the community was chosen for this specific reason and how it will benefit the community?
I read on your telegram that iTrust Finance already do first big Audit with “Zokyo” to convinced user iTrust platform can be used without any fear of risk or insecurity. Could you share with us how are the result from Zokyo about iTrust platform? Do you have plan to do 2nd audit by other audit company?
You have been operating in “stealth mode” for the last six months. Does this mean that all this time the iTrust.finance team was anonymous, and now you decided to open up to your community? В связи с этим iTrust’s Initial Dex Offering (IDO) will take place on SushiSwap’s MISO Launchpad, on 23rd June 2021! So what does “stealth mode” mean and is your team public at the moment? And I would also like to know about the details of the IDO on June 23 and the rules of participation in it!
I see there is a symbiotic nature of staking with the iTrust platform which have partnered with Nexus Mutual. But there is a question I want to ask, there will be multiple staking Vaults, where users can deposit their tokens, and will receive a Vault token. You said there will be 2 Vault :
1.Vault A: An index of all the contracts available on Nexus Mutual.
2.Vault B: A low risk / high rewards Nexus strategy developed by the iTrust.finance DAO.
Can you explain how is the use of each Vault? How does they work?
iTrust.finance is a Decentralised Autonomous Organisation focused on alleviating current pain points in the DeFi insurance sector and you do this by focusing on 3 common cornerstones that hinder efficiency and growth for insurance protocols in the DeFi sector so before you started the iTrust.finance, can you explain us the way you seen the current pain points in the DeFi insurance sector? and clarify about the 3 common cornerstones that you were focusing?
iTrust.finance provides a number of Vaults with varying staking strategies, can you explain about the staking strategies of the Vaults ? and for maximising staking rewards, do users must be DAO members?and what is the difference between Vault A and Vault B?
The last core function of the DAO is to provide a simple reward accrual/management system, can you explain us that how this system is work and it is truth that stakers are not able to collect
their rewards efficiently and These can be for a multitude of issues: high gas costs, time constraints, lack of understanding and
in some cases protocol restraints so how this platform avoid this issues?
Projects in crypto get a lot of copycats once they saw a successful launch. What actions will itrust take to maintain its competitive advantage compared to the rest of its (future) competitors?
Platform adoption and awareness is very important for any creator and users! So what are your plans to attract more users and also creators with non-crypto users?
What are the main innovative contributions that iTrust brings to the DeFi ecosystem and how can they improve the user experience in managing their funds?