We are pleased to announce our next AMA on September 12th 2020 at 02:00 PM UTC Time: Satoshi Club x MCDEX
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join MCDEX Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 80 seconds. You can post Max 5 questions. MCDEX Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about MCDEX
For more details:
MCDEX – @Mcdex
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
What are the main advantages of your exchange?
Do you plan to launch a bounty or referral program to attract traders to the MCDEX platform?
since the launch of the system till now , how much volume has been handled by the system? how’s the response of the community to the platform? Have you thought about migrating to other platform or layer 2 solution?
Can you tell a feature or features that you like best about MCDEX so that it can compete with other competitors? What are you most confident about for your platform? Do you have plans to get users to choose your platform?
In your 3rd Biweekly report I see that MCDEX was researching for a Layer 2 solution to the problem of increasing Gas fees on the Ethereum Network to implement on MCDEX. What progress have you made in this regard, do you have some layer 2 solutions that you are already looking at?
You have plans of Completing the development of MCDEX V3 by Q4 2020, what added features and improvements over your current V2 should we be expecting When MCDEX V3 is completed and what progress have you made so far in ensuring its completion
Your liquidity mining platform has two models the Basic model and the professional model can you highlight the differences between this models and how they affect the user experience
• When trading in perpetual futures on MCDEX, a settlement can occur as in the Cex? Is it possible to trade with leverage?
• What is the difference between trading with Order Book and AMM? Which is more advisable to avoid the high costs of ethereum network commissions?
• Only derivatives can be traded with MCDEX? Do you have a spot market in mind for the purchase/sale of cryptosystems?
What are the competitve advantage of using Monte-Carlo DEX to trade perpetuals over other available DEX exchange, what kind of incentives do you offer
I am a full time FARMER and only interested in Yield Farming, what are the prospects available for me in your project As am interested in Adding Liquidity to MCDEX to Earn $MCB
Why was the mining reward for liquidity providers will be reduced to 0.2 MCB/Block, what prompted such decisions and are you only focusing on DeFi project or you will support any other Tokens in the future
What value does MCDEX bring to consumers?
How is your global ambassador program different from other projects? What’s its biggest attraction?
How to become a business partner of MCDEX? What are the benefits of being a business partner?
When will the MCDEX V3 be released? What are the new features it brings in comparison to the MCDEX V2?
What is the vision of MCDEX? What goals do you want to achieve in the next 1-2 years?
What is the partnership between MCDEX and Chainlink? In the future, will MCDEX and Chainlink continue to cooperate on any other aspects?
Has the long-term distribution of MCB tokens made it scarce? What problems does MCB need to solve?
What requirements are needed to get started with MCDEX? How is the security of MCDEX shown?
What are the ways to add liquidity to AMM? How do I get my MCB via liquidity?
Trading with Order Book (off-chain) and Trading with AMM are two features that MCDEX provides to users. Can you tell me its advantage and use case? What’s different from other exchanges?
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How About Data Security At MCDEX? If it’s safe .. Why can you say it is safe what you are based on so that you dare to say safe
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Does MCDEX already have copy trading? in order to make it easier for people to copy
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what underlies you make NCDEX.?
Most of the exchanges are available to download in Playstore or Appstore in mobile phone for easy and better access of the platform but it seems that MCDEX is not yet downloadable. So do you have a plan to launch a mobile application version for Monte Carlo Dex? Is this part of your roadmap? What is the exceptional features of MCDex that can catch a loyal trader for a long run?
Can you please elaborate more about the AMM or Automated Market Maker? How does it works in MCDEX network especially in Eth- Perp contract? Why did you choose to focus Ethereum contract rather than BTC or Usdt?
According to your website, Monte Carlo Dex or MCDex offers up to 10x leverage. As a trader I want to play safe, so did you wish to offer up to 5X leverage just like other platforms? Can you explain more about the setting of leverage and setting margin in MCDEX?
Could you please tell, How $MCB to increase the value, liquidity and utility of the token. So that it can result in a natural increase in the price of the token?
How does MCDEX derivatives market protect speculators from major losses in derivatives? What are the risk control mechanisms?
Will MCDEX focus on trading? because at this time the exchange has not had too many enthusiasts? What features will MCDEX add later to attract users? what is the affiliate system like on some of the other big exchanges?
Currently on the market there are many exchanges have futures function. So in your opinion, why should traders choose MCDEX Futures as their best option and What are the advantages of MCDEX Futures?
There are many Exchanges nowadays,so hard to choose and so hard to think where to stick in. So how can you recommend MCDEX to me? What are the competitive advantage of your platform that will make me decide to register and stick with it? What are the best features you can offer?
How has the acceptance of TRUMP Contract been? Do you think it could be a new way to use futures contracts? Is it possible to see other similar contracts on MCDEX?
One of the most traded contracts is the BTC, but this one is not available on MCDEX, do you plan to enable this pair to give a boost to this exchange?
Most of the investors just focus on the price of the token in the short term instead of the real value of the project. Can you tell us the motivation and benefits for investors to hold the $MCB token for long term?
You have mentioned that MCB token supply is 100 miliion, this is a higher amount of supply for some extent, Do you have any buy back programme or token burn in near future to increase the value of a token furthermore?
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 #MCB development plan? What is the future direction of this project?
Can you list some of the features with which you are most confident about your platform? How can you advertise your project worldwide and make it popular?
What are the plans to educate and raise awareness and adoption among the community to make more people understand about the project easily?
Who are the main partners of MCDEX? What are the benefits of cooperation with the MCDEX ecosystem?
For a decentralized exchange, liquidity is the major problem compared to centralized ones. How does MCDEX solve this problem and create the liquidity for DEX which is different from centralized exchange?
What’s the biggest challenge you currently face in order to get this project finalized? What do you think seems to be undervalued in terms of price?
Do you have any Trader’s analyst that will help some trader especially newbies to learn to trade and will give signal to what position to enter like other Exchanges?
Several other exchanges offer an “academy” within their platform as a source of spreading awareness about futures,Leverage,Margins and bits of coins to nocoiners and newbies alike.Can we expect something like this from MCDEX or perhaps even better?
If I asked you to compare the financial architecture of your perpetual contract with the structure of perpetual contracts in the CeFi domain, what are the similar features?
In providing financing
How does the volatility of the market price affect the index and how does your index fixing function provide advantage in continuous financing?
What is the role of the off-chain order book to increase liquidity and how does it come into play when liquidity is insufficient?
how do you plan to compete with Bitmex like exchanges who have very fewer transaction fees and robust matching engine?
Does MCDEX plan on getting/creating a system working as a insurance fund in case a hack happens on the exchange?
What makes the MCDEX platform different from other Exchange? What is your mission and vision for the future?
What is the plan to ensure sufficient liquidity on MCDEX to fill market orders, especially as adoption increases and clients begin multiplying year-over-year?
What is the future trend of DeFi, in your opinion? What is the biggest flaw DeFi is facing today? And is MCDEX looking to solve the problem?
What biggest partnership of MCDEX?
What’s strategy used by MCDEX to can be strong token?
What’s the meaning of MCDEX name?
I had quite a good laugh with the TRUMP 2020 contract – THAT face! Why did you decide to launch such contract? Is it just a marketing thing or there is anything else behind?
1) Why did you decide to transition from mining to building a DEX? What are you trying to improve compared with other DEXs?
2) You’re implementing an innovative hybrid AMM/order book model. What are some benefits of this?
Dex platform have many problem with liquidity and fees, how will MCDEX handle these issues in MCDEX?
Recently ethereum gas is very high, is this situation have any impact on MCDEX service?
To use MCDEX platform do user need to provide Private key or API?
How does MCDEX ensure security of user asset?
Where you see your project After 2 years?