We are pleased to announce our next AMA on March 14th, 2022 at 11:00 AM UTC Time: Satoshi Club x UpDeFi
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join UpDeFi Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. UpDeFi Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about UpDeFi
For more details:
UpDeFi Website – app.updefi.finance
UpDeFi Telegram – @UpDeFiUp
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Your values:community ,security, efficiency, and simplicity, are worth emulating for other projects. And your deep commitment to the community (that your team, users,and collaborating projects, All come from the community) is next to non. If I may ask, why do you place the community on such high esteem? why do you believe in the community so much, that you trust they can contribute to the development of your fresh products and strategies,even when you know it’s made up of different individuals with different reasoning partern? don’t you think working with only a selected few team members will provide more results, than working with the whole community?
Hello UpDefi team! I understand that efficiency is one of your core values.As you ensure that users get the highest yield for their funds, and project improve the capital efficiency of liquidity mining, maximizing liquidity and user attention ,while minimizing cost. So can you tell us about the utilisation of Defi composability? how does Defi composability works? does it involve using the human brain to analyse ,or the use of AI bots?And if it makes use of bots, was it tested before it was brought to the public?
Understanding that a strategy is a fixed investment strategy, defined by smart contract which takes advantage of the huge opportunities(such as liquidity mining,transaction mining ,borrowing mining,etc), and financial products (such as trading, lending, etc) in various Defi protocols or other types of projects, to achieve complex automated investment operations ,thereby bringing automated and optimal yields to users’ funds. so please, between the Auto-Compounding Strategies, Yield -Enhancing Strategies, and Up-Staking Strategies, which of them accrues more yields for investors? which is used more by the UpDefi team and why? does the Yield-Enhancing strategies, and Up-Staking strategies have gas fee(0.5%),strategist incentive fee(0.5%), and Updefi platform Revenue Fee(3.5% )like the Auto compounding strategies? lastly can you explain in plain terms,how the obstacle strategies work (because I didn’t understand it when I read through your whitepaper)? thanks
Hi. Tokeconomics: I see that you want to emit 1 Billion in 2 years. I understand that you want to control the effect on the price through vesting. But we have seen that vesting is not enough. Do you have considered other mechanisms to control the effect of inflation on the price?
UpDefi.Finance- it caught my attention while reading through on your website column (bug bounty), there I read that UpDefi cooperates with IMMUNEFI, which you did said is the most well-known bug bounty organization in the industry, to incentive top developers with real money to further ensure the security of the UpDefi protocol. Could you please detail us enthusiasts about UpDefi how exactly IMMUNEFI does it’s incentivizing operation/task to top developers? What is IMMUNEFI criteria in chosing top developers? On your Yield Enhancement Program which is designed to help any Protocol and DAO treasury to enhance their yield. Could you please detail us about your (UpDefi Yield Strategies)? Finally, I learnt that any protocol and DAO treasury that integrates with UpDefi Yield Strategies can receive up to 50% of the UpDefi protocol revenues generated by their contribution TVL. Could you please give me some reliable informations as to how I may partner with you in becoming a Yield Enhancement Program partner? Thanks
While going through your platform, i Saw a thread which Interestingly Stated that UpDeFi has a type of strategy called Auto-compounding strategy, Yield-enhancing strategies and UP-staking strategies. Could you please Share some notable informations on these Strategies with My Community? What are their Basic functionalities of these 3 three Strategies, and how do users in your platform Benefit from these Strategy? Furthermore, how many Projects have you been able to Collaborate with so far? what are themethods to which Users could better have a chance of Earning in your platform? Thank you
While going through your twitter Page, i learnt that With the launching of #UpDefi approaching, you are holding a #quiz event on this weekend (12:00 Noon UTC) in your English and Chinese communities to give away #BUSD. Could you please elaborate more on these Events and how we can Also participate in it? You also have a Very interesting Campaign going on, which is the Learn to Earn Campaign where $500 US dollars worth of $UP would be given to The top of the Class, please i would like to know if these $500 worth of $UP reward would be only be Awarded to the top of the Class, how about other Participants? Is there a reward set in place for them too? can you also help in Providing us necessary informations to which we could be able to Have Access to these Wonderful Opportunity?
from your AMA with Mars ecosystem, you mentioned that UpDeFi is a fair launch project with no pre-sale, no investor, and no pre-mine that only participants who contribute to the UpDeFi protocols will receive UP tokens based on their contribution. this is the first time I’m coming across this pattern and it sound cool. can you explain why you came up with such a different pattern of issuing out your token unlike other projects? how can participatants contribute to UpDeFi’s protocols in order to receive UP token? how do you measure the contributions of participants? what is the minimum UP token that can be given to the least participants? please kindly State the requirements to contribute to UpDeFi protocols and he to participate
I learnt that UPDeFi continues to develop the most secure, most profitable, and easiest-to-use yield strategies across all blockchains and that these strategies are UpDeFi’s main product. can you State and explain to us each of UpDeFi’s strategies? can users participate in these strategies? what are the advantages of these strategies? I came across that you have “UP incentives program”. please what is this program all about? who are entitled to participate in the program? what advantages does it bring to UpDeFi community? how can interested members participate in the program? please explain
The Certik’s Code Security Asessment publishen in March indicates 4 major vulnerabilities/risk. When do you expect to be able to address the problems detected and have a response to Certik, for a re-evaluation?