AMA Satoshi Club x Mantradao, July 22nd

We are pleased to announce our next AMA on July 22nd 2020 at 12:00 PM UTC Time: Satoshi Club x Mantradao

⚠️Click to see the hour
⚠️Total Reward pool: $600

⚠️Requirements:
👉 Follow Satoshi Club
👉 Follow MANTRADAO
👉Join Mantradao Telegram group

We will have the following structure:

Part 1: $200 /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 4 Questions will be selected from our website – please submit your questions in the comments section of this post. 2 Question will be selected from Bitcointalk thread.

Part 2: $200/10 users – Open chat for 80 seconds. You can post Max 5 questions. Mantradao Team will select 10 questions and answer them.

Part 3: $200 – A quiz about Mantradao

For more details:
Mantradao – @mantradao
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

188 thoughts on “AMA Satoshi Club x Mantradao, July 22nd

  1. I see that MantraDAO is a DeFi project, but unfortunately most DeFi projects offer just merely lending services. How can you offer something more unique and much better than this?

  2. As a DeFi project, and DeFi is very wide, what aspect of DeFi are you focusing on, is it liquidity provision or Synthetic assets or assets borrowing? Also, what problems do you want to solve in DeFi space?

  3. I try to imagine a DeFi world whereby we could use real life assets (like houses and lands) as collateral, unlike crypto that is very volatile and can be easily liquidated. How do you see the possibility of this? And how can you solve the problem of auto-liquidation of assets on DeFi platforms?

  4. What benefits do users who stakes or lends their digital assets on the MANTRA DAO platform stand to gain ?

  5. How can MANTRA DAO play a part in making DeFi available for regular people, especially the unbanked and underbanked?

  6. All project’s coins have their main Utilities & real-life use! So, Can you tell us what are the main role of Mantradao in your ecosystem? Explain its Utilities & Real-Life usecases? and Why should i invest in Mantradao for long term?

  7. Blockchain has many Disadvantages as well, How do Mantradao plan to merge Blockchain as well as existing Technology to make it more Secure?

  8. When was MANTRA DAO founded?, I wondered if it was the last few months. Usually there are some projects they have set up 2 years ago but only started marketing recently

  9. What are your plans to educate and raise awareness and adoption among the community to make more people understand Mantradao Token and its technology?

  10. I usually consider 3 things on blockchains: flexibility, cost and security. How can you guarantee me that these 3 things are available on Mantra Dao

  11. Speaking of MANTRA POOL where 25% of the MANTRA DAO Foundation’s assets staking rewards will go into a pool on a weekly basis, What are the conditions to enter the pool, stand a chance at being selected in the raffle?

  12. What is RIO Chain? Why did MantraDAO choose to build on Rio Chain but not on Ethereum like other DeFi projects?

  13. What is the roadmap for the next six and twelve months? The Covid-19 pandemic and global crisis is very complex , how will it affect Mantradao development plan? What is the future direction of this project?

  14. There were Challenges and issues in cryptocurrency: beyond the controversies especially on “Liquidity,Transparensy, Decentralization, Price Manipulation & Transaction Delays.” How Mantradao team deal on this kind of issues

  15. Currently, even with good partnerships, hype, marketing, and work products, the price of all tokens will fall. So, what are your challenges and plans to make the Mantradao project a hot project?

  16. Decentralized Liquidity is the Backbone of DeFi .
    How Will you solve Liquidity Issues & Why Should New Users Prefer You Over So Many Other Established Projects like MakerDao , Synthetix ??

  17. What Measures Have You Taken in Boosting / Increasing Your Liquidity Pool ?

    What are Some Real Life Use Cases of OM Tokens In Your MantraDao Project ?

  18. What was Your Motivation Behind Creating Project ” MantraDao ” & What are Main Problems That You Solve ?

    Can You List Some of Your Milestones ?

  19. The first goal of any DeFi is security of our funds. How can you guarantee Security to us?

    Why is MANTRADAO better for developers to build DeFi products in comparison with other platforms?

  20. According to the website, if I Deposit my cryptocurrencies as collateral and I will get instant access to stablecoin loans. I am really interested to Lending system.

    Please explain more, about MANTRA DAO Lending system?

  21. My question is about MANTRA DAO marketing. As we know, every crypto project needs to be used for growth. So what are the plans for mass use in the future?

  22. As per the website “MANTRA DAO focusing on Staking, lending & governance”. This sounds interesting and amazing,
    Could you tell us some of the steps you are currently taking that will ensure MANTRA DAO’s aim?

  23. Where do you see your product actually being used by the community and solving the real world problem?

  24. On which problems of current Market, MANTRA DAO is working on? & How MANTRA DAO Effectively solves that problem?

  25. How do you plan to spread awareness about your project in different countries where English is not spoken well?
    Do you have local communities for the them to let them better understand about your project?

  26. What business scenarios can MANTRA DAO support now? In which industries can we see the mass adoption of MANTRA DAO in the near future?

  27. How MANTRA DAO plan to make room and make this project known in the world of crypto, full of technology and full of new projects very good in today’s market?

  28. One of the many use of blockchain is to BANK the Unbanked, so how does MANTRA DAO seek to achieve this while offering staking and lending? How will you reach the over 90 percent of people who knows nothing about blockchain

  29. Explain more about your Staking, I read that I can earn both KSM and DOT and OM. can I call this interoperable staking?

  30. Rio Chain boasts 3,000 TPS, do you think this TPS is enough to power all the services your are offering, many of your rivals boasts 100000 TPS

  31. Please tell us about the system – reputation, karma, reward with the OM token. How much can I influence the voting for changing the level of interest, the level of inflation with a sufficiently large number of tokens. Can a competitor deliberately do everything possible to get enough tokens to vote for unfavorable interest rates?

  32. The DeFI market is growing very quickly and basically everything is based on borrow\loans and the pioneer is Compound. The question is: – is it possible between you and Compound to conduct a parallel and say that you are the same thing, but with some innovations such as the OM token, karma, etc.? And do you have plans to provide other DeFI services besides a borrow\loans?

  33. What are the advantages of choosing Rio chain as Polkadot Network in Mantra Dao?Can you explain more about Polkadot Network to give idea for those who just knew this term?

  34. As what stated in your website that Mantra Dao focuses on staking and lending to give financial control back to the people. So what is the structure or procedure for staking and lending process in your platform?Do you have any qualification to be eligible in that features?

  35. Mantra Dao is new and fresh to the market,what is your marketing strategy to attract clients or users to engage in your platform?Do you have any promotional activities offer for your new comer client?

  36. As you’re focusing on DeFi, what problems are in DeFi that you want to solve, what real new solutions and innovations are you bringing to DeFi ?

    How Do you Plan To Create Awareness & Adoption About Your Project MantraDao ?

  37. MANTRA DAO has a unique model that encompasses Staking/Lending/Governance as well as offering cross-chain interoperabilty so how does your team maintain all of them at their best?

  38. How Mantra Dao maintains and controls flexibility, cost and security which three important things on blockchain?

  39. What are the benefits of holding and staking OM tokens? And What plans do you have to help drive demand and scarcity for OM tokens?

  40. I have participated in and experienced many staking systems, so what is the difference between your staking system and other outstanding projects?

  41. USDOM is the native stablecoin of the MANTRA DAO platform so what strategies does your team have to maintain USDOM’s liquidity?

  42. #MANTRA DAO has been great, but as an investor, we’re always concerned about the loss of hackers. So #MANTRA DAO has any mode to help users like me more secure?

  43. What are the benefits of #MANTRA DAO from doing AMA in #Satoshi Club? What is the strength of the community that #MANTRA DAO expects?

  44. #MANTRA DAO focuses on deposits and loans to give control of your finances. Are loan costs and interest rates attractive? Are there any benefits or regimes for long-term users?

  45. Q.. As one of the #PolkaDeFi protocol that delivers innovation, any plans of bringing Protocol Developer’s to the Mantra DAO ecosystem?

    How do you support your developers? Do you have a developers training program like DevCamp?

  46. I’ve read that you had 900k in private investments. Can you tell us who are those investors? Is it public? For what price have they bought and are they locked?

  47. The KEY to the REVENUE that will power the platform’s future development and success
    is COSTUMERS

    What is #MANTRA DAO BUSINESS MODEL
    that highly beneficial for your Costumers in able to generate Revenue?

  48. What are the main utility and real-life usage of the #MANTRA DAO token? As an investor, why should we invest in the #MANTRA DAO project as a long-term investment?

  49. What do you think the role of community in #MANTRA DAO coin ecosystem? What’s your plans to keep build positive community and what do you expect support from #Satoshi_Club community?

  50. Staking seem to be popular right now on many blockchain project to encourage investors to hold tokens and make it healthful for project ecosystem. Does MANTRA DAO support this as well? And how does reward base on?

  51. MANTRA DAO accounts are totally secure and anti-hackable? What security and user recognition system does it have?

  52. The OM token is a RST-88 token, the first of his kind. What benefits brings the RST-88 standard in comparison with other well-known standards (e.g., the different ERC standards)?

  53. I can see on the MANTRA DAO website that you offer a membership! Could you give more details about this, such as the cost for example and who is it for? Thank you!

  54. • Why did you decide to use Rio Chain and not another network known as Ethereum or Tron? What advantages does Rio Chain offer to Matra DAO?

  55. Blockchains depend on token holders pooling their assets for block production, this dependency is a problem … What solutions does Mantrajiang offer to solve the problems generated by PoS blockchains?

  56. I recently read in medium a concept of your project that caught my attention, Mantradao transforms the PoS link mechanism into another composable “lego” piece of the DeFi stack .. How does this transformation work? How does PoS link evolve to DeFi?

  57. I would like to know more about the stakeout system that MantraDAO will develop. How will this system work and in what way will it allow MantraDAO to become a market participant?

  58. I am interested in the concept that MantraDAO uses on stakeout. What advantages can DeFi technology offer for stakeout systems and how does MantraDAO operate in this area?

  59. I was reading about your last update on Medium and there was something I did not understand: parity substrate for the Polkadot ecosystem … what does MantraDAO mean by this and how important is this approach to the operation of your platform?

  60. I want to know about the responsibility that the community has in MantraDAO services, how important is community governance for MantraDAO web 3.0, what are your community inclusion strategies?

  61. I want to know about MantraDAO’s reputation and how it has evolved in recent months … how has the influence of your platform been after being listed on Coinbase and how do you plan to exploit this potential to reach more people?

  62. What plans or services has MantraDAO developed to meet the needs of agents and lenders? How is your model of interest?

  63. I really like earning money saving tokens, how does your savings system work and what percentage of interest do they offer for users like me?

  64. I understand that MantraDAO is powered by Rio Chain, what are the advantages of joining MantraDAO with this substrate-based blockchain? How would you explain the interaction of this?

  65. How does the MantraDAO platform do to back up assets and smart contracts? What are the bases of your project in relation to this area?

  66. What are your capitalization results generated so far? What market capitalization do you hope to generate in a few years through MantraDAO?

  67. I understand that MantraDAO uses a reputation protocol called “Karma”. What function does this protocol perform and how fundamental is it to the performance of the MantraDAO ecosystem?

  68. Is there a way we can get improved interest rates on MantraDAO? How can we get low rate loans by using your platform?

  69. I like to generate income through the use of a mobile phone, because it is convenient and practical. Do you have a financial mobile application for people like me? To bet money, I only need to enter the MantraDAO ecosystem by PC?

  70. What are Mantradao plans for global expansion, what are your currently focusing on, expanding or listing more exchanges, or building your ecosystem or marketing and partnerships?

  71. I see on Twitter many prominent partners who have collaborated with Mantradao like Polkadot. what goals will you achieve with them?

  72. DeFi is one of the trendy subject matter in the blockchain space. Can you share your opinions and insights on DeFi with us. Do you think that DeFi will disrupt the existing financial system?
    What is Mantradao approach towards the DeFi sector?

  73. Can you tell me how does Mantradao makes revenue/money from its technology and what plans do you have for mass adoption of Mantradao?

  74. What was the biggest achievement you are most proud of? What is the strategy to increase the adoption of the Mantradao?

  75. What are the main use cases of OM tokens? Which of all the use cases do you consider the most important from your own point of view?

  76. 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. So, What is your strategy to attract new users and trader to Mantra DAO and keep them long term?

  77. About staking in Mantra DAO, is there a minimum amount required? Is the token required to be locked for a while? What are the steps we have to follow to do staking?

  78. There are several stable coins currently on the market. What benefits does USDOM have over other stablecoins in the market?

  79. While going through your project I found lots of terms Like OM, MANTRA, KARMA are used which are sanskrit words relates to Hinduism religion
    Why did you decide to unite the cryptographic world with spirituality? Any particular personal experience you wish to share with us?

  80. The issuance of stablecoins in DeFi projects faces many difficulties, especially in terms of market liquidity, how do you solve that problem when issuing stable coin USDOM?

  81. Apart to support DOT, KSM and OM, Which others Coins will be added to the Staking model? There exist limitations with Non- custodial and custodial assets?

  82. The nodes that stakers run are from Kusama and Polkadot, what are the features of each that made you design the nodes on both?

  83. Who guarantees the security of the systemic voting? What ensure users that their votes cannot be manipulated?

  84. How can I earn OM tokens, which benefits it brings me in the ecosystem, and what are the use cases of OM? What is your vision for it as a token?

  85. OM token holders who grow their reputation through the KΛRMΛ protocol, how can them be rewarded for their contributions to MANTRADAO?

  86. Rio Chain adopts a federated model, which is hybrid, does it compromise decentralization in any way?

  87. MANTRADAO is a community-governed DeFi platform. How can it provide high interest savings rates to users?

  88. Compound and Mantra Dao have so many similarities, both have a Governance Token, and “derivates tokens” so can you tell me differences between you and them? Which advantages or “killer features” have Mantra Dao over COMP?

  89. Partnership and community are the key to the success of projects, can you tell me how mantradao will expand the partnership and which markets will Mantradao focus on?

  90. What are MANTRADAO plans for global expansion, what are your currently focusing on, expanding or listing more exchanges, or building your ecosystem or marketing and partnerships?

  91. Users’ incentives when betting on MANTRA DAO they will receive some OM Token interest, right? I just saw some basic concepts about it, but can you give more details on this?

  92. MΛNTRΛ POOL — Try your luck in the perpetual savings games that frequently give members the chance to win crypto. How can you tell us about it? It means creating some games and trying luck.

  93. When was MANTRA DAO founded?, I wondered if it was the last few months. Usually there are some projects they have set up 2 years ago but only started marketing recently

  94. I usually consider 3 things on blockchains: flexibility, cost and security. How can you guarantee me that these 3 things are available on Mantra Dao?

  95. Currently, there are many DeFi projects emerging, so what is the strength of Mantra Dao to attract investors compared to other projects?

  96. Can you tell us the motivation and benefits for investors to hold #OM token long term? What plans do you have to help drive demand and scarcity for the token?

  97. In india, DEFI is currently the trend of investors here, typically the Compound project price has risen sharply at the time it listed at Coinabase and countless other DEFI projects are on the rise. It is also very strong, so it is no less competitive among DEFI projects, what do you think about competing with other DEFI projects? What are the points that competitors in the market can not surpass MANTRADAO?

  98. The issuance of stablecoins in DeFi projects faces many difficulties, especially in terms of market liquidity, how do you solve that problem when issuing USDOM?

  99. DeFi is one of the hottest topics in the blockchain field. Can you share your views on DeFi with us? Do you think DeFi will destroy the existing financial system? What is the martkist method for the DeFi field?

  100. According to the website, if I Deposit my cryptocurrencies as collateral and I will get instant access to stablecoin loans. I am really interested to Lending system. Please explain more, about MANTRA DAO Lending system?

  101. How will every stakeholder in the ecosystem be able to participate in the decision-making? What are the steps of Mantra DAO to follow?

  102. how have mantra DAO been able to survive this longest bear market and continue building and developing mantra DAO because many projects have died out in this time period

  103. To enter in a Mantra pool the user need to burn OM to be inside, so How works the Burning model of Mantra Dao, How many percentage of the total supply will be destined to be burned? How much INFLATION you have per year?

  104. Do we know that Mantradao is a decentralized and transparent system, on which it bases its reliability?

  105. Why you chose as name ” mantra Dao”? I have understood that Mantra is a sacred phrase, phrase, name, or sound that is repeated over and over again normally as support during meditation, so can you tell us the reason behind the name? ohhmmmm

  106. Currently, there are many DeFi projects emerging, so what is the strength of Mantra Dao to attract investors compared to other projects?

  107. How did Mantradao survive in during long bear market? what your team strategy to gain more adoption? Can you share us on recent achievement your team are most of?

  108. The user community is important to a crypto project. How does Mantradao evaluate the importance of the user community? In the near future, does Mantradao have any special plans to attract and expand the community?

  109. What killer features Mantradao has that are ahead of the competition and how does intend to open up the technology to the community and to researchers so it can be continuously improved on?

  110. What are the steps that Mantra DAO is taking towards building a stronger and more responsive community/administration…and what further avenues will you explore in terms of marketing, incentives and outreach for the project?

  111. MΛNTRΛ POOL — Try your luck in the perpetual savings games that frequently give members the chance to win crypto. How can you tell us about it? It means creating some games and trying luck.

  112. Can you tell us about some $OM Token usage cases? And which do you think is the most important use of $OM Token?

  113. What role will Mantra DAO play in making blockchain very adaptable globally? And What is the process that Mantra DAO is currently doing?

  114. I have seen that you are giving grants for the community/developers. What are the conditions to access those?

  115. How can Rio Chain can contribute to support Mantra Dao ecosystem of financial products what are the special features of Rio Chain can bring to Mantra Dao?

  116. I am a bit confused, can you explain why MANTRA DAO has OM Token and USDOM? What is the difference between these two and what are the roles of the two playing in the MANTRA DAO Ecocystem?

  117. DeFi is taking over the cryptocurrency space, and MANTRA DAO wants to be the part of that journey. How can I maximize the potential of the OM TOKEN as a DeFi assests?

  118. MANTRA DAO main business is DeFi. What do you expect for the future market regulation in DeFi and what are missing in DeFi Space to achieve widespread adoption?

  119. As a project focused on DeFi, what are the current problems of DeFi that you want to solve? What new solutions are you bringing to us?

  120. Looking at the website, if I Deposit my cryptocurrencies as collateral and I will get access to the stablecoin loans. I’m interested to Lending system.

    Could you explain more, about MANTRA DAO Lending system?

  121. Can you tell us the motivation and benefits for investors to hold #OM token long term? What plans do you have to help drive demand and scarcity for the token?

  122. I can see that your name contains DAO. Are you in any way related to MakerDao? If so, what’s your relationship with them?

  123. I found on your website for depositing my cryptocurrencies I will get instant access to stablecoin loans and services .
    I am really interested to Lending system. Please explain more, about MANTRA DAO Lending system?

  124. I want to clarify about lending: tell me what percentage of return, and what income will I have?

  125. I want to ask about name mantradao. Is this name inspired by a word “mantra” which has a meaning of chant?

  126. “MANTRA DAO offers cross-chain interoperability” – many projects are trying to solve this issue, but no one has yet fully succeeded. In which way do you plan to solve this?

  127. Can you tell us some important reasons why we need to go for mantradao where in fact hundreds of projects failed and it went to bankruptcy or even developers run when they collect millions/billions of funds?

  128. in the project a fund is very important to me. whether you have enough funds to make a good project and what methods do you do to collaborate or invite investors to join this project

  129. can explain the purpose of this more .. Get OM through Staking, referrals, grants, and more … that means how much reward you get from staking, Referrals.grants?

  130. because this year the new Defi is warm and many also joined the Defi

    My question is about competing projects.
    Can you tell us which projects in this room have similar goals, how are they different from competitors?

  131. We know that provides a secure platform. However, every application that requires storage in order to be used properly. In this case, this data storage is How to store, is it centralized or have other options? And what about if there are storage problems in the main network?

  132. It’s heard that next phase of blockchain adoption will be coming from the Defi space. What is your views on this? What are Mantradao’s plans for Blockchain’s mass adoption?

  133. What are your strategies in building a big and strong community? Do you agree that the power of the community will lead your project to grow globally? What are the services you offer to the community?

  134. The crypto market has a lot of fiercely competitive. What strategies do you have to attract users, and keep them stay with your platform for longterm?

  135. The financial markets, cryptos market … all fell due to the covid-19 epidemic. Does this affect your project development plan?

  136. Is the KARMA protocol capable of accepting a large amount of coins as collateral to secure a stablecoin? If so, what coins do you plan to add in the future?

  137. Am I correct in understanding that you want to combine the functionality of Compound + Maker DAO and Pool Together into one MANTRA DAO project? Why did you choose this unique combination of products and offers for the client?

  138. Tell us more about the KARMA protocol and how will it change the future of Decentralized Finance (DEFI)?

  139. What will happen to MANTRA DAO if the Polcadot network is not launched? Is MANTRA DAO compatible with other public chains?

  140. When choosing a project for investment, 3 things are important for me, cost, compatibility and safety. How can you guarantee me that these 3 things are available on Mantra Dao?

  141. DEFI is currently a trend for investors. What do you think about the competition with other DEFI projects? What are the points in which competitors in the market cannot beat MANTRADAO?

  142. We have seen Staking / Lending / Governance in other projects, but tell me what unique functions does the MANTRA DAO model include?

  143. MΛNTRΛ DΛO has cross-chain interoperability function. What public networks are you planning to integrate with? Tell us about your existing partnerships today?

  144. Do you consider MakerDAO and Syntetix to be your competitors? What are the benefits of MantraDAO in terms of functionality and security?

  145. The issue of stablecoins in DEFI projects faces market liquidity challenges. How do you address this issue when issuing USDOM?

  146. I noticed that your name contains DAO. What are the similarities between MANTRA DAO and Maker Dao in a number of products?

  147. How do you plan to prevent false data that oracles provide? How do you check the received data in MantraDAO?

  148. At what stage of implementation is DAO – Mantra? Is it possible to somehow measure the level of autonomy and decentralization of the MantraDAO project?

  149. According to the website, if I Deposit my cryptocurrencies as collateral and I will get instant access to stablecoin loans. I am really interested to Lending system. Please explain more, about MANTRA DAO Lending system?

  150. Users’ incentives when betting on MANTRA DAO they will receive some OM Token interest, right? I just saw some basic concepts about it, but can you give more details on this?

  151. What new crypto business models can be created after the launch of the lending platform, MantraDAO? What are the use cases for OM coin holders?

  152. Please explain more about MANTRA DAO Credit System? If I deposit my cryptocurrencies as collateral and I get instant access to stable currency loans?

  153. What place in the modern financial system will Defi take? What fundamental problem does MantraDAO solve in the modern financial system?

  154. Can you tell us about the motivation and benefits for investors to keep the OM token in the long run? What plans do you have to help drive the demand and scarcity of the OM token?

  155. What is the main motivation of people to take a loan on the MantraDAO platform, than to take a loan from a bank? Do you have a strategy for attracting people to your platform not from the crypto space?

  156. Is it possible to perform anonymous transactions on the MantraDAO network to hide transaction details in order to protect the financial privacy of owners and tokens?

  157. What do you think of layer 2 and cross-circuit solutions? What are the benefits of the MantraDAO protocol over these scalable solutions?

  158. could you explain about MΛNTRΛ DΛO INITIΛL MEMBERSHIP OFFERING that will held in 9 days?
    What is this membership purpose for the community?

  159. I am new on MantraDAO platform
    What is the requirement to stake MantraDAO?
    Is there any special app or program to stake?

  160. Recently Polkadot made deploit the polkadot blockchain package manager (BPM), Is this new milestone of Polkadot have any effect to MantraDAO?

  161. “ MANTRA DAO focuses on staking and lending to give financial control back to the people to grow wealth together “. According to this MANTRA DAO is a DeFi project,

    My question is : Which reasons/factors forced you to choose this subject/platform for the MANTRA DAO project ,Why did you choose this lending concept, Because we all know that this is becoming a very popular concept on crypto now?

  162. What is your long-term vision about the industry which #MANTRA DAO working on? Are you afraid some day there will be another project with more innovative technology can replace #MANTRA DAO? Because we can see many crypto projects related with this concept recently.

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