We are pleased to announce our next AMA on March 24th 2021 at 11:30 AM UTC Time: Satoshi Club x NEWV.FINANCE
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join NEWV.FINANCE Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. NEWV.FINANCE Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about NEWV.FINANCE
For more details:
NEWV.FINANCE – @newvfinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Okay how is this going to help us
Aside from the protocol focusing on liquidity stimulation of AMM liquidity pool, what else does Amm Pools intended to solve? Also how will you solves the liquidity and liquidation issue which has been limiting the growth of DeFi adoption to a broader market?
The protocol you created is an experiment to increase liquidity for the AMM algorithm on the Huobi ECO Chain. So how does Newv Finance contribute to Huobi Eco Chain? Also how can the protocol you designed be replicated to other projects on Heco?
One of the critical issues within Cryptospace nowadays is how to avoid rug pull and Projects with low market value certainly need some help in maintaining liquidity. So how will you avoid rug pull and is there a plan that someday you will create Liquidity Locking to prevent rug pulling?
I read that NEWV Finance aims to solve the liquidity issue of AMM on Heco. Could you tell us why do you specifically intend to solve this problem on the Heco blockchain and not any other like Ethereum, BSC or Polkadot? This problem is seen on a lot of blockchains and not only Heco, so do you have plans to try to give a solution for this liquidity issue of AMM on other blockchains as well?
Reading your whitepaper I saw that you are on a stage you called “Newv Finance 1.0 Experiment”, why do you call it experiment? Also you have plans on releasing Newv Finance 2.0, can you tell us more about this new version you are planning to release? Why do you feel the need of launching a new version of Newv Finance, what is the current version lacking of right now that you want to replace it? What new things and upgrades will this version have compare to Newv Finance 1.0? When will we be able to see this 2.0 live?
I read that about a week ago, you announced on your Twitter page that you decided to migrate from Heco to BSC after only being on Heco for three days after launching. Can you tell us what made you change your mind about the blockchain so fast? Did you already complete this migration to BSC or when will it be done? Also, why did you choose BSC to migrate to? What benefits will this bring to Newv Finance, it’s growth, and it’s users specifically if we speak of long term benefits?
I recently heard that they would be doing a data migration due to the conspicuous failure evident in the sale carried out on March 14th. Did the migration run as planned? How do you benefit affected users?
Newv Finance will collect 3% of the funds raised in the ILO. I understand that a fraction of this percentage will be distributed to the Newv Finance community as a dividend, could you explain more about this distribution?
90% of BNB of the fees charged in the farm group will be wagered with the NEWW of the DAO reserve. The fees charged in BUSD will be changed to BNB and then wagered with the NEWW of the DAO reserve, what is the purpose of this methodology? Does this have to do with the team’s share of the LP while maintaining a steady stream of earnings?
One of the problems discovered in Newv Finance Version 1.0 is that with the continued distribution of dividends, the ratio of the team’s NEWW-BNB LP to the total LP continues to decrease. Has this been modified or do they continue to keep the price in an upward spiral?
Why are you planning to change the name of the Newv token to NEWW? Why such a drastic change?
It is my understanding that the development of most projects on the blockchain today is highly dependent on price, which puts enormous pressure on the project team to constantly maintain the token price. What work strategies does the Newv. Finance to free itself from the price pressures that are reflected in the early stages of the project?
Reading about News Finance, I found that regarding LP dividends, they will be accumulated and anyone can trigger dividend distribution. My question is, All users who provide liquidity will share BNB statements from the team’s LP NEWW-BNB based on their portion? How exactly will the sharing of these statements be done to be fair and equitable?
News Finance has a protocol called “Passive Deflation”. This has caught my attention because many platforms systematically burn a constant percentage of their tokens on each transaction. So how does this passive deflation mechanism work within Newv? How do you think this model will help to increase the price of your token and, in turn, increase your holders’ profits? What is the goal of your model?
From what I read about Newv finance, in every aspect, it is related to BNB, the BSC network token. What are the business strategies you have developed to achieve a real liquidity stimulation of the AMM liquidity pool? One of the constant problems on many platforms is the lack of liquidity, so how do you think Newv will solve this problem? Will they create liquidity bridges with other different chains, but compatible with BSC?
Curiosity: it was not possible to implement the changes and the migration to BSC without changing the name of the token, so that it continues to match the name of the project?
Are there other additional ways to generate profits through the invitation mechanism?
For many users and projects, one of the most robust networks is BSC, however, what specific benefits does migrating to BSC provide for NEWV Finance, its users, and future projects they support?
There are many emerging projects that offer staking and LP earnings so could you tell us how you outperform your rivals and why should we bet on you?
Is it only possible to provide liquidity in the NEWW-BNB pair or will there be others available in the future?
Even if they guarantee that cannot the rug pull, how do they guarantee the safety of your project and funds? Has your contract been duly audited?
Newv Finance serves to assist the trajectory of new projects in three phases:
– Initiation Stage
– Development Stage
– Maturity Stage
It seems to me that all three are equally critical and important, especially to build a solid community, Newv Finance is also in charge of advising on marketing strategies? How do you help your clients gain the trust of the community?
According to your website, based on the results of the experiment in V1.0, the greatest risks are in the initial phase, can you tell us about these risks and what solutions have you found to solve them?
In the development of the Newv Finance 1.0 experiment, various situations were evidenced that made reference to the unevenness significantly. In this case, the market reacted very positively, despite this result, will the user base expand?
Rewards offered to users to draw their attention to the project in its early stages to make itself known are characteristic of the early stages; Does Newv Finance offer any rewards programs to attract new users?
For feature 2, you need to add some token writing scenarios to simulate the conditions in the future when the token will have actual usage scenarios. Could you elaborate a bit on what will be the token burning mechanism that Newv Finance 2.0 will implement?
The development of most projects on the blockchain is highly dependent on price. What strategy will the Newv Finance team present to constantly maintain the token price?
When NEWW-BNB LP is drawn from the liquidity pool, 50% of NEWW will be added to the farm pool. What about the other 50%?
Farming may be new to Newv Finance Version 1.0 users. The goal is to balance internal circulation and redistribute NEWW tokens. What are the agricultural groups that have priority to be available at the beginning of mining?
For all projects on blockchain, crowdfunding is another important method of fundraising. What mechanism is implemented in the OGI for the transformation of the project capital?
If address B is invited by address A to join the farm group (using the link with the invitation code), what percentage would they be giving to the address that invited it, which in this case is A?
Will NEWW be distributed to farm participants once income from NEWW is received?
Newv Finance Team intends to provide liquidity support for the AMM algorithm on Huobi Eco Chain(Heco). What problems does it solve in this regard?
You said on Telegram that you completed your Presale on HECO and are migrating to BSC. Can you explain how this will affect the coins from the Crowdsale?
Should we worry about the dumping from presale investors will impact the price of NEWW?
On March 13th, you posted an article in Medium: “Token Destroy Announcement”. What error occurred during the pre-sale stage and during the token issuance phase that led to the burning of 10% NEWV? Did this situation somehow affect Newv Finance users? And what measures has the development team taken to prevent similar errors from occurring in the future?
Do you use incentive programs to attract more users, investors or maybe developers: contests, airdrops, referral program, Ambassador program? Can we take part in some of them now?
Newv Finance is a project deployed on the Huobi smart chain, so that means that maybe you possibly will affront the low liquidity of the chain ( because is new), so how do you fix the liquidity lack?
Have an open mind is the key of any good company or project, so apart of the Heco Chain, Newn Finance will be able to provide little to other network projects?
You provide the protocol and mechanism designed by Newv Finance to help projects move from the inception stage, to the development stage, to maturity. But there is always the possibility that a project will fail and not be sued. What would happen in these cases? Do you first evaluate the projects you help carefully to avoid this?
You decided to suspend the operation of Version 1.0 and migrate all the tokens that users have to Binance Smart Chain (BSC). Why exactly did you decide to move from HECO to Binance Smart Chain? What were your reasons?
One of the problems discovered in Newv Finance Version 1.0 is that with the continued distribution of dividends, the ratio of the team’s NEWW-BNB LP to the total LP continues to decrease. This does not help to keep the price in an upward spiral. Can you explain how you plan to solve this problem in detail?
You say in the project whitepaper: “Once the model has been recognized by the market, the superiority of our protocol will become even more apparent. We intend to work with many more promising and innovative projects.” Do you have any kind of preference regarding the projects you decide to work with? What type of market would you like to target? For example the market for NFTs.
In your whitepaper you say that there are also plans to organize a bug bounty program for the community. Do you already have something concrete about this? How prone are the mechanisms and protocols to error or failure?
Do you have a Newv Finance roadmap? Do you have plans for this year 2021? What are your long and short term goals?
One of the issues identified in Newv Finance 1.0 experience indicated that “Projects carried out in this way need a real source of income in order to maintain dividends. Can you explain what this means considering the impact of sustainable income to a DeFi project. How has Newv Finance version 2.0 addressed this issue.
The security of the investors is very important to built a strong base before create something big, so can you explain us what are your security elements to ensure the Investors that you are not a scam?
A lot of concerns has evolved from high gas fees in the DeFi industry. With 5% BUSD/BNB farm cost charge a fee on NEWW withdrawal. What measures can be taken to reduce the % cost of this fee in the future. Also, version 1.0 saw migration of users token to BSC. What are possible users benefits from this migration?
In Newv Finance, users need to stake NEWW-BNB LP in order to be eligible to receive dividends, can you briefly explain the dividend mechanism for NEWW?
There is a new feature in the new NEWV that you did not have in version 1.0: Farming, what will your farm pools consist of and how can the users take advantage of them? What characterizes them?
NEWV Finance intend to work with many more promising and innovative projects as stated on your whitepaper. Can you give us an insight on what might your next project might be? Are looking to venture on NFT market?
Newv 1.0 was a great success, as high goals were achieved and there were gains for users and growth in the community. But now that they have implemented Newv 2.0, do they have other bigger goals? What are the differences between both versions?
Within the vision of Newv Finance, in the ‘start-up stage’, it makes sure to help projects with fundraising and token issuance by providing smart contracts. But I consider the fundraisers to be a success, they need marketing strategies and campaigns to attract more investors interested in the project, so you also help the projects with marketing and advertising for fundraising or just you provide smart contracts. ?
They mention that version V1.0 (Newv Finance 1.0) presents a higher risk and that is why they launched the version “Newv Finance 2.0” but in this version they do not specify that the risk is over, but that it has decreased. . So my question is, do you plan to stay on this “2.0” version or will you develop a “3.0” version where there will be no risk? Are they in testing yet?
HECO’s Newv Finance is not very ideal overall so your team decided to migrate on Binance Smart Chain which already serving many defi projects like yours. With that in mind, how will you able to make Newv standout among BSC projects that migrated there? What makes Newv unique?
How is your model and mechanism on HECO different from on BSC?
What is Newv Finance’s vision and what problem is it trying to solve?
A lot of project tokens crash once their tokens start mining. How do you solve this for NEWW?
What’s the mining APY approximately?
Everyone cares about safety, how do you guys secure the safety of NEWW?
Why did you migrate NEWV Finance to Binance Smart Chain when you are performing quite fine on HECO? Is this moved done because of NEWV community request? Have you considered to just build a bridge to cater for BSC investors like the other projects?
How attractive are the dividends one can earn by being a liquidity provider in Newv Finance, and what are the minimal requirements to become one regarding amount of tokens and time?
In the ecosystem of Newv Finance anyone can trigger dividend distribution, with that do you mean that any holder can execute reward distribution at any time? Or what is the configuration for a party to trigger that distribution? Wouldn’t it lead to a continuous distribution of rewards?
As I know Newv Finance intends to make Huobi Eco Chain (HECO) more complete.Do you have any Bug Bounty to check for weakness? In what way do you plan to make Huobi more complete?
Do you have a fully transparent smart contracts?? have you been audited? Does Newv Finance have certification as a Huobi ECO partner?
What is the reason for choosing the name NewV.Finance” for your project? What was your thoughts back then?and can you share a little information about it? What importance does the name have in your project development and functions?
For a project that is still in progress, the basic requirement is to have adequate funding. Does NewV’s finances have the capacity to run and develop this project and do you have sufficient funding for its development? Can you tell us how you are getting enough funding for your project?
Is there any difference between the listing price of NEWV on Mdex and the presale price?
How does your standardized protocol assist project teams on presale? What benefits does it offer in terms of LP staking and liquidity stimulating?
Newv 1.0 is already a success but why you still need to launch Newv 2.0? Why there is a need of this second version? How did this version be different from each other? With this second version in the process,what innovation we can expect with Newv 2.0? So aside from Newv 1.0 and 2.0, do you wish to launch another version in the future like Newv 3.0 and 4.0 and so on? Thank you
Newv Finance Protocol is the only protocol that projects on BSC need to get them through the project initiation stage, development stage to the project maturity stage. So can you explain briefly the three stages of a project which are the initiation, development and maturity stage? What stage do you believe is the most crucial one? For investors,how will they know if the project is in initiation, development or maturity stage? As maturity stage is a final stage,how many months or years that a project from initiation stage to reach this stage? What if some project fail firstly in initiation stage,do they still have hope to reach the development and maturity stage? How will your platform can help the failing of project from initiation stage? Thank you
Your team already had test on Heco, Will the Heco Chain user will move to BSC with your project? Did you fix the issues happened on Heco Chain after move to BSC chain. I think China has large cummunity, will they join this project ?
For what i am unstanding, after you move to BSC chain, will you allow other project use your business model? How you handle this kind of business?
The new and forward thinking project launched method developed by the newv finance Team, how do you plan to make it become mainstream trend for launching new projects in the decentralized world ?
Since the market react very positively but the user base needs to be broadened, how do you intend to do this ?
I found out that you release a statement about your “Token Destroy Announcement” which stated that Our team, especially our DEV team members, feel guilty about some of the minor display mistakes (Timer)that shouldn’t have been made during the presale stage and the token release stage. It’s unforgivable and we feel very sorry about it. To reimburse such mistakes we have made, we decide to burn 10% of the NEWV tokens that belong to the Newv Finance Team. As such, our team will not receive any NEWV token in two weeks.” so as a transparency, can you tell us what problem or issue you have encountered in your presale and the token release stage? Is burning Newv teams token can help solve this minor problem? If yes,can you tell us how? Despite of the encountered problem,Newv 1.0 is still a success so how will you make sure that in Newv 2.0 ,the same mistakes will not be committed? Thank you
How do you plan to provide a steady positive flow into the boardroom to keep the price in an upward spiral.?
Can you explain the mechanism of LP dividends? What benefits user gets on providing liquidity
What is Passive Deflation? How this works when LP is extracted from team’s NEWW-Bnb LP.
What will be the dividend distribution plan and when LP will be locked?
There is an issue that most of DEFI project have when its about farm project, price become dump its all thanks to farmer. Can you explain to us how Newvfi project way to solve this issue?
I read from your site that the Newvfi project will be listed on MDEX and also your project will have a Presale.
Can you explain how much the difference price between your MDEX sale and your pre-sale is? Do you have plan to list on other exchanger in the future?
New.Finanace provides passive income to holders, could you please tell us in some details how much should I expect or earn as a NEWV token holder?
I’m just curious, what happen to your yield farm in Newv Finance if the market dump and crash ? Will you still able to pay the interest for user? And how is the safety for your yield funds?
All algorithm developers believe in their mission, so what are special about your AMM algorithm? what will make it unique??
In general, among different options what’s make NEWV so unique for us as investors?
Newvfinace Aim to resolve price fluctuation of token but Don’t you think this idea won’t be appreciated by daily trader?
What includes in complete ecosystem of NEWV Finance 2.0? Farming module will be part of 2.0 or not?
10% token is allocated to team but why it isn’t locked completely? How you plan to use 36% of reserved toke.?
What will be the token release rules? At what rate my NEWW will be released and can user withdraw it at once or there will be some limits?
What will be the farm cost? 5% as fee is too high for small traders to withdraw.
When contract auditing is planned and can we expect report to be open source?
I read your white paper there is a statement BNB to be distributed to LP each block, while NEWW will be burned. Could you please explain how is NEWW burn system work? Is there also buyback system for NEWW token?
2. Recently you made an announcement on your Medium about Whitelist special Prioritys, nr 1 and nr.2, within 4 levels. I see there for example at level 1 – “500 members, minimum 1,000 messages per day; can purchase $10,000 worth in the Crowdsale with 15% bonus (Maximum 5 Groups)”. I’m a bit confused, can you explain what exactly does it means? To qualify for level 1 means I should write 1000 messages per day in 5 groups? Or what’s the point here? Thanks for your attention 🙂
There is an expression that you can endlessly watch as water flows and flames burn. I choose the flame for myself and that is why there is a fireplace in my house. That’s why I’m always in favor of projects that involve burn for their tokens. Will Newv Finance make us happy and rich by burning tokens? If so, can we tell you what it will look like in terms of tokenomics in general?
Newv Finance had some of the minor display mistakes on the presale stage and the token release stage. What were they and what did you do to prevent such situations from happening again in the future?
Newv Finance designed one-fit-all ILO platform. As i understand you intend to prevent rug pulls and help projects to with their pre-sale plans. Tell us more how this platform will work and when it will be launched?
Newv Finance is the first Mdex liquidity provider platform. So, tell us please how do you plan to solve liquidity issues and what innovations do you plan to bring into the Defi world?
I know you had some issues with the homepage, it happens sometimes with everyone. Very often projects solve various technical issues by declaring a bug bounty. What path have you chosen for yourself in this matter? Can the Newv Finance community count on a variety of bounties and other incentives?
Newv Finance created a model that will lead to a positive spiral where people who would like to receive dividends need to stake LP tokens. What is this model about? Is it Newv Finance creation or this model has already been used by another projects and has proven itself as a truly viable tool in the DeFi environment?