We are pleased to announce our next AMA on August 28th 2020 at 12:00 PM UTC Time: Satoshi Club x Vesta Protocol
⚠️Click to see the hour
⚠️Total Reward pool: 500$
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Vesta Protocol 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. 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
Part 2: 100$/10 users – Open chat for 80 seconds. You can post Max 5 questions. Vesta Protocol Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Vesta Protocol
For more details:
Vesta Protocol – @vtp_network
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
As we all know, security is one of the greatest threat to DeFI, so could you please explain to us how secure Vesta Protocol is. Is KYC required to use the service provide by Vesta Protocol or the feature of Vesta Protocol?
How to be motivated of using Vesta Protocol? What are the benefits?
When will be VESTA token listings on the exchanges?
Isn’t the hard cap too high for Vesta?
Most investors focus only on the token price in the short term, not on the real value of the project. Can you talk about the benefits for long-term investors?
What are the main IoTeX goal now?
What is the next big step for IoTeX?
what are the ways that Vesta Protocol generates profits/revenue to maintain your project and what is its revenue model ? How can it make benefit win-win to both invester and your project ?
Protecting users/member data and privacy has become a problem that many companies/projects must face in their development.
So can you explain a bit about Vesta Protocol Security?
What are the main utility and real-life usage of the #Vesta token
Could you give me 3 key points to convince me and other angel investors invest in #Vesta in long-term?
Now that technology is changing every second, are you afraid that in the future Vesta Protocol will lag behind new projects with newer technologies? Do you have a plan for this?
Each project has interesting stories before it is created. So can you tell people about the story, problems, difficulties, that gave you the motivation to build and develop a great project like Vesta Protocol?
The N-Covid epidemic is affecting the entire world economy and Vesta is no exception. So, how does the disease affect Vesta? Do you have a plan to reduce the damage caused by Covid?
What are the ways that VESTA profits / revenue to maintain your project and what is its revenue model? How can it make benefit win-win to both investor and your project?
If I am a community developer how can I join the Dipper Network ecosystem and collaborate with you guys? Does Vesta Protocol have referal programs for me or new users?
In your opinion, what is the greatest value of Vesta bring to users now? What marketing plans do you have for Vesta in the future?
How does Vesta gain revenue as a company, what’s the story behind it? Is it mainly through the partnerships, value of the token or through some other sources?
How do you differ from competition on the market (for example LID Protocol)? What would you consider to be your main advantages over them?
Considering that your team is anonymous, how do you plan to gain the confidence of the people? Is there some specific reasons behind anonymity?
Deflationary tokens and liquidity pools were in the spotlight last June due to an attack which took advantage of the deflationary mechanism of a pair of tokens to drain a significant amount of money. What will you be doing to prevent such incidents impacting Vesta Protocol?
What are the advantages of Vesta Protocol over other similar projects in the blockchain field?
What would you consider to be the main milestones that you have achieved so far down the road and what’s next on the pipeline?
What’s Vesta Protocol’s vision regarding the liquidity contribution? How will you handle the market in case there will be a significant sudden increase in the demand of liquidity?
Reading about your project I came along with the term ”External Liquidity Algorithm”. Could you please a bit explain a bit more what does it mean and how is it relevant for the Vesta Protocol project?
How simple would you consider it to be to use Vesta Protocol? In which timeframe are you aiming to reach the mass adoption?
Couple weeks ago you were honored as one of the next leaders in DeFi on a Medium article. What makes Vesta Protocol so special to have such expectations over the project and what’s your take of the nomination?
Vesta plans to withdraw 5% of ETH from the Liquidity pool everyday and distribute to top 50 liquidity providers How will this distribution be done will it be shared equally among top 50 contributors or There is a template to do that
Part of your vision is to resolve the liquidity problem facing the upcoming high-performance ETH 2.0 blockchain. How do you plan to achieve this, will you be working with other projects to achieve this in the long run?
Can you explain the concept of your External Liquidity Algorithm what it means and what it does
DeFi is currently the most prominent topic in the crypto industry. Do you think that DeFi will disrupt the existing financial system?
What will you do with unsold tokens?
Is it possible to contribute liquidity for VESTA on UniSwap? What kind of benefits are there for liquidity providers?
How does Vesta Protocol’s liquidity contribution mechanism work?
What kind of a vision and mission do you have for a longer term? What’s the ultimate goal for Vesta Protocol?
What is the core features of VESTA PROTOCOL ecosystem and technical advantage? Why should we have trust in #VestaProtocol technology and buying $VESTA in the next presale?
What is the External Liquidity Algorithm? What does it solve the problem of blockchain system ? How do you manage the algorithm and operate?
Why did you choose ERC-20? Having networks with a lower fee in transactions such as bep2, trc-20. What benefits does ERC-20 have that the others don’t?
YAM Protocol had a bug within the rebase supply feature, which crippled the governance system of the protocol, with more than $750K worth of crypto being lost alongside. What are Vesta Protocol countermeasures? How often do you carry out security audits?
Yield farming has become a popular concept due to the success of COMP token. What are Vesta Yield farming campaign plans and how do I participate?
Any plans for Yield Stacking?
As investors we obviously are highly interested about the security of the funds. What kind of pre-measures has Vesta Protocol taken to ensure the security over the tokens?
Can you please share more about your strategy for marketing and mass adoption? How do you position yourself to other ”liquidity pool” business model projects?
Staking has became as one of the most requested incentives in the blockchain industry. Does Vesta Protocol offer staking and what are the main advantages if it’s offered?
What are the conditions for me to use VESTA liquidity service?Do I need to stake VESTA to do this?
As I see,buying VESTA token presale is very easy,so are you afraid of VESTA token will be sold-up when it’s listed on Uniswap?Do you have any plans to keep VESTA token price?
How important is the community to the Vesta Protocol ? and how can we collaborate or help Vesta Protocol for the development of the project?
Why did you choose to integrate with Uniswap over some recently booming platforms such as Polkadot and Tron? Would you consider migrating to another platform later on?
Could you please a bit explain about the ETH distribution plan that you’re maintaining? What’s the reasons behind the 3% licensing fee?
In what ways does Vesta Protocol generate profits/revenue to maintain the project and what is your revenue model? How can the model be beneficial for both the investors and the project?
Vesta’s presale uses blocks for its countdown, which is unique. Can you explain this a bit?
We are all waiting for the presale of Vesta. Do you have any information, perhaps not the date, but the prices and/ or quantities of tokens that will be sold? Do you have any surprises for us?
What’s called ‘External Liquidity Algorithm’? How is it relevant to Vesta Protocol?
How can you ensure External Liquidity Algorithm will working well? And What if the liqudation moving to far exceed the algorithm limitation?
Since everyone would want to be among top 50 liquidity providers so as to stay on top, this would involve higher ETH gas fees due to the competition amongst users. Imagine when Vesta gets a lot of adoption, it’s won’t get any way easier. How can you solve ETH gas problems?
Vesta Protocol aims to bring innovative technologies. So how will these innovative technologies help the blockchain industry to work more transparently and securely against from hackers?
I have questind about that – Each day, 5% of ETH is withdrawn from the liquidity pool and shared among only the Top-50 Liquidity Contributors.
If we assume that within 20 days there will be no receipts in the liquidity pool, then, accordingly, all air will go to people from the TOP-50
And what do those who are not included in the TOP-50 get?
What are the guarantees that the team will not take all the money from the liquidity pool? Is the full blocking of access for the project team spelled out in the contract and where users can get acquainted with the smart contract
Please name the strong distinctive qualities of the Vesta protocol from projects such as Statera, Balancer, YFI and others. Why is your project better and why it is best worth using Vesta to generate income from the liquidity pool.
What are incentives or benefit for holding VESTA TOKEN in long time for loyal investors?
VESTA’s deflationary system is based in that Each day, the $VESTA withdrawn from the liquidity pool is burned, would this lead to lack of supply and liquidity in the long term future? How would that be fixed?
Can I contribute liquidity for $VESTA on UniSwap? If yes, then what is the benefit of Liquidity provider?
Please explain what are the benefits to contribute to the liquidity pool? What are the average returns?
• Vesta has a very interesting deflationary system; can you explain how it works? Until when will the token burn take place?
• What is the External Liquidity Algorithm and how can it modify the supply found in the liquidity pools in Uniswap?
• Do you plan to expand Vesta to Cex’s or can it only be tradable on Uniswap? what are your expansion plans?
From a startup project to a mainstream project, being a pioneer in the industry, do VESTA team anticipate that many new startups will show up and compete?
Experts have warned of the dangers of ‘Smart Contract Risk’ in the DeFi protocol. How about the security of VESTA? How often will you perform security audit updates to keep VESTA safe?
More users are more concerned with the value of tokens than technology. So how does VESTA strike a good balance between technological development and token value enhancement?
For all VESTA is offering, it is built on ETH blockchain which is annoyingly slow and cannot scale, why have you chosen the ETH blockchain over other Comparatively faster and Scalable chains and do you have plans for mainnet to Migrate your own Chain
?
In building a public chain ecology of multi currency integration, how robust are you, what is your TPS and how do you determine currencies to be integrated
what’s the Blockchain Liquidity problem and how does vesta solve it? What’s the utility of vesta token and what’s the benefit of becoming a LIQUIDITY PROVIDERS IN vesta
Currently, buying tokens on the ERC20 platform incurs high fees. Vesta Protocol is a project that runs on the ERC20 platform. Do you have a solution to solve the transaction fee problem? and how is it done?
Have you ever thought about applying cross-chain technology to Vesta Protocol? What benefits will the cross-chain adoption benefit the project and users?
What are the outstanding advantages of Vesta Protocol with other competitors?
Vesta Protocol presale is already done, so what’s the next step of the Roadmap in your platform? Do you plan for staking or lending Vesta Protocol token in your platform?
How to become a liquidity contributor of Vesta Protocol?What is the process and structure?What is the pros and cons?
What is VESTA’s deflationary economic model and what impact does it have on its value?
You claim to have protection against price manipulation and black swan events. How can you do that?
How do you plan to promote about your project in different countries where English is not spoken very well. Do you have a local community so they can understand your project?
What kinds of support Hedget wants from the community?
How to join presale Vesta ??
Do you have a target first list in what market?
We all know the Ethereum network is one of the biggest in terms of liquidity but as we see some problems with Ethereum are very large fees. How does Vesta Protocol plan to deal with it?
It seems that the solutions Vesta offers are only suitable for Uniswap, the project also has to depend on Uniswap. What happens to your project when Uniswap goes wrong? Does the project have any plans to list CEX exchanges in the future?
Currently we all know defi hype/projects are really trending could you please explain how what is the role of Vesta Protocol platform in defi concept? What is the focus of the team at the moment in terms of development?
Being new cryptocurrrencies are now relying on PoS consensus because of fast transaction and more usability. How will $VESTA plans to bring mass adoption and awereness?
Can you list 1-3 killer features OF #VESTA that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?
Why VESTA needs to be claimed via VTP.network in 3 batches? What is the reason for choosing a distributed ratio of 20/30/50 with specific blocks?
To generate a token, its easy, but to make its valuable, can be difficult. Beside building strong community, developing mainnet function, what else can Vesta Protocol team do to make VESTA token more valuable?
Can you explain the metric of Vesta, what is the supply and max supply calculation? and after the presale, do you have any plans to do another token burn?
What makes Vesta’s approach to generating liquidity different/ unique from that of Tendies and Liquidity Dividend Protocol who are also leaders in this new liquidity pool business model? Are there possibilities of you guys coexisting under a mutual beneficial relationship to providing an end to scams and rug pull on Uniswap?
I don’t understand how you seek to achieve Liquidity Generator and yet act as a DEFLATIONARY Tokenomics. Kindly explain more about your Deflationary Tokenomics and at what point does deflation stops?
For now, $VESTA token is only tradable on UniSwap. According to your Roadmap, VESTA didn’t have any plan to listing on other exchange this year. So, what can make $VESTA price increase? How can you convincing the investors to invest on $VESTA?
There were Challenges and issues in cryptocurrency: beyond the controversies especially on “Liquidity,Transparensy, Decentralization, Price Manipulation & Transaction Delays.” How VESTA team deal on this kind of issues?
Regarding $VESTA “Liquidity Contribution Mechanism'”, can we monitor the top 50 contributor? And What is the calculation of the $VESTA burning?
I think it’s better to use real person to oversee the price than an algorithm. How do you ensure External Liquidity Algorithm works and What if the liqudation moving to far exceed the algorithm limitation?
In decentralization, we know that speed is needed, as is the current problem faced by the expensive ethereum GAS Price and the slowing of the transaction process. What are your plans to deal with this problem on Vesta ?
The majority of the token is currently trading ERC20 face liquidity problems caused by the low trading volume. How $Vesta solve this problem?
The biggest DeFi needs is that of interoperability, providing cross chain interactions and multiple blockchains, how does vesta achieve this?
Since the VESTA project has been conceptualized to date, are you ready for unexpected challenges?example, your token price went down&so, when you were at the top? Do you think of it as devastation or do you want to move on to it? If so, how do you handle it?
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 #Vesta support this as well? If yes, what requirement of a Node and a Validator node be? And how does reward base on?
Who will have the final say in development and business decisions? How much will the elected representatives be able to influence when it comes to business and development decisions? Will the the company have some kind of veto when it comes to decision?
Vesta Protocol is a liquidity reimbursement protocol which aim to improve the ROI of each maker. Could you tell us some of the strategies you’ve put in place to make this possible? Also, I saw that you chose a deflationary economic model, does this offer you any benefit?
The newest trend on Uniswap now is rug-pull scam by DeFi projects. How will you make sure this doesn’t happen with VESTA?
Eth 2.0 is receiving a lot of expectations from those who use the ETH blockchain? What does Vesta project think about Eth 2.0 and the future it can create, will it help us to transcation Vesta token easier than now?
What are the requirements to generate passive income using your smart contracts?
What % of ETH is distributed from the liquidity pool each day for Vesta holders?
Presale is done what is your next plan?
Vesta Protocol is a liquidity reimbursement protocol which aims to improve the ROI of each maker. Could you tell us some of the strategies you’ve put in place to make this possible? Also, I saw that you chose a deflationary economic model, does this offers Vesta Protocol any significant benefit?
Are there possibilities of you guys coexisting under a mutual beneficial relationship to providing an end to scams and rug pull on Uniswap?
What makes Vesta’s approach to generating liquidity different/ unique from that of Tendies and Liquidity Dividend Protocol who are also leaders in this new liquidity pool business model?
What strategies does Vesta use to maintain a continuous source of liquidity, and how it affects the tokenomics of $Vesta?
What benefits do liquidity contributors get at Vesta when they sell their tokens contributing to the ecosystem?
Traders find it difficult to sell or buy tokens as trading volume on exchanges ends up being spread thinner and thinner across a significant increase in number of trading pairs which indirectly hurt both existing and new projects by forcing them to become stagnated as a result of lack of liquidity in their trading pair. Whoever that as an innovative solution to tackle this problem will be the next king of blockchain. Could you tell us your own approach to addressing this issue that has cut short the journey of several promising projects?
What’s the main difference between LID and VESTA? what are those strengthens that’s make you a better choice?
Could you explain a bit more to us about ‘‘External Liquidity Algorithm’’? How is it relevant to Vesta Protocol?
How to be motivated of using Vesta Protocol? What are the benefits?
When will be VESTA token listings on the exchanges?
How do you ensure the operation of the external liquidity algorithm and what to do if the segregation goes far beyond the algorithm?
The question is about VESTA’s “liquidity distribution mechanism”, can we track the largest depositors and what is the burn mechanism?
Recently Vesta was mentioned in an article on Medium as one of the next leaders in DeFi. Did you expect people to have such high expectations of Vesta? How do you feel about this great commitment?
I’m interested in investing, can you give me more details on the presale and how many rounds you’ll have, what’s the minimum and max cap, can I buy with other cryptocurrencies asides Eth, because Eth fees are unreasonably high at the moment?
As a #Vesta holder, I can stake on UniSwap and receive the daily ETH payouts, as long as it remain in the top 50 liquidity contributors. So, what’s the daily payout amount and the minimum amount to stake?
How do you ensure it remains in top 50 to keep demand for #Vesta strong?
At the beginning, being one of the top 50 liquidity providers may not be very difficult, but then the competition will be very tough. Do you plan to later expand the number of holders that will be
Rewarded?
There are some concerns about early dumping due to the market value, the circulating supply and the excessive initial amount of investors. The token matrix change seems inevitable. How are Vesta plan for this concern?
Who are the ones in charge of controlling and participating in the decisions of the Vesta Protocol? Why is the influence of external holders not allowed?
At what block height will Vesta’s presale be set?
Why did you choose the deflationary economic model, does it give you any benefits for Vesta token holders?
Could you tell us about some of the strategies you have developed to make each manufacturer’s ROI increase possible?
You may have noticed many highlights of Vesta Protocol, but in addition to the project itself, people are also very concerned about the security of funds. How will the Vesta Protocol team ensure the security of investors funds?
Do you consider Tendies and the Liquidity Dividend Protocol your competitors? Do you have the opportunity to coexist in a mutually beneficial relationship?
What unique opportunities do liquidity participants get by staying in the top 50?
How do you plan to meet the stiff competition from competitors like Tendies, Liquidity Dividends Protocol and to attract more users to use your platform in the future?
what’s the Blockchain Liquidity problem and how does vesta solve it? What’s the utility of vesta token and what’s the benefit of becoming a LIQUIDITY PROVIDERS IN vesta
How does Vesta protocol maximize the security of its protocol? Why doesn’t Vesta protocol offer staking for smart contracts?
What is the main vision and mission of the Vesta Protocol in liquidity contribution? And how will the Vesta team handle the liquidity market demand in case of a significant increase?
What developments within the Vesta Protocol project, in your opinion, will bring more recognition to users?
Can you learn more about what the Vesta Protocol deflationary system looks like? How many percent of tokens are burned and how often?
What is VESTA doing to remain the best deflationary liquidity indicator for securities trading?
How does Vesta Protocol enable investors, companies, developers and its users to provide effective solutions and benefit people around the world?
What is the minimum number of Vesta tokens to be purchased to be eligible to contribute to liquidity?
Why does the Vesta protocol use a deflationary economic model? How will a deflationary economic model help dominate the DeFi market?
Can you tell us the motivation and benefits for investors to hold VESTA token in a long term investment and What plans do you have to help drive demand and scarcity for the token?
When will the Vesta Protocol be massively adopted? How easy is it to use the Vesta protocol in an existing infrastructure?
What strategies does Vesta use to maintain a constant source of liquidity and how does this affect the tokenomics of the project as a whole Vesta?
What benefits do liquidity participants in the Vesta Protocol get when they sell their tokens that contribute to the ecosystem?
What’s vesta protocol biggest challenge for now? how you intend to succeed over other similar projects?
Vesta has a liquidity pool business model. What are the advantages of Vesta Protocol over competitor Tendies?
Could it turn out that with the UniSwap V3 update, such liquidity generators as Vesta Protocol will not be in demand?
What unique features of the Vesta project can attract both large investors and professional developers for the development of the project?
Why should users choose VESTA over the competitor LID Protocol, which makes you better?
Tell us about the deflationary economic system Vesta and how is it different from what we saw before?
What is the current problem in DEFI that Vesta Protocol is designed to solve? Why do you think the Vesta business model will be very successful?
WHat are the utility of the vesta token apart from using it to gain to the top 50 position ?
There has been some news recently that Tron and Polkadot are considering launching decentralized trading platforms like Uniswap.Would your team consider migrating your technology on other chains?
How does the daily amount of VESTA purchased and the amount of VESTA held to contribute to liquidity at UniSwap determine the contribution to liquidity? How does the retained VESTA affect daily ETH distributions?
How does the automated trading algorithm determine the Vesta rate to be kept? This mechanism How does the prevent negative price fluctuations?
Many projects lack liquidity makers. How does the Vesta Protocol work in creating passive liquidity and how does it play a role in generating ROI, liquidity?
What are the next big MILESTONES prepared in Vesta project? Do you expect convincing big companies? What about community growth, is it going as planned, are you expanding well in social networks and adepts?
Where the name Vesta came from?
Most investors focus only on the token price in the short term, not on the real value of the project. Can you talk about the benefits for long-term investors?
Considering that your team is anonymous, how do you plan to gain the confidence of the people? Is there some specific reasons behind anonymity?
What will you do with unsold tokens?
What are the main utility and real-life usage of the #Vesta token
Could you give me 3 key points to convince me and other angel investors invest in #Vesta in long-term?