We are pleased to announce our next AMA on October 6th 2020 at 04:00 PM UTC Time: Satoshi Club x LID Protocol
⚠️Click to see the hour
⚠️Total Reward pool: $1000
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join LID Protocol Telegram group
We will have the following structure:
Part 1: 200$ /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
Part 2: 200$/10 users – Open chat for 80 seconds. You can post Max 5 questions. LID Protocol Team will select 10 questions and answer them.
Part 3: 600$ – A quiz about LID Protocol
For more details:
LID Protocol – @LIDProtocol
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Your roadmap ends in October 2020. Tell us about your long-term plans?
Tell us about the LID team. How many people are on the team and are you planning to reveal the real identities of the main team members?
According to information on the website, the Liquidity Dividends Protocol has developed new technologies for securely depositing liquidity generated via presale into Uniswap. How exactly will this protocol function and is it planned to be independently audited?
LID main focus is to reduce scams and rug pulls on blockchain projects, how many project has been launched on Lid so far and how many scams has it prevented ?
Lid has successfully partnered with many big names like dextools, xfinance, askobar , how does Lid manage to garner the trust of the partners ? can you let us know who are the backers of LiD ?
I am very interested in LID staking. Can you explain more about its mechanism of action? How is it different from liquidity on Uniswap?
I don’t really understand LID Certified Presale. Can you explain more about it? How is it different from other pre-sale models?
WHAT ARE THE BENEFITS OF A LID-CERTIFIED PRESALE? Is there guaranteed anonymity in pre-sales?
Currently gas costs are quite high. Does LID intend to consider a settlement method by integrating other blockchains?
Which partners is LID currently cooperating with? What benefits does LID get from them? Who is the future partner you want for more sustainable development?
Many people think that LID, as an anti-rug pull technology, is a rug pull. How do you prove this wrong? How is the transparency of LID shown?
For the success of a project, investors, community and developers play a major role. What is LIDProtocol strategy to get them involved?
Will you explain more about LIDProtocol?What makes you feel confident about the survival and success of LIDProtocol when we are in such a very harsh competitive market like Blokchain industy? What new solutions are you bringing to us in blockchain and Crypto?
LID Certified presale projects are savior to many people form the unfortunate rug pull projects. How does LID Protocol chooses for a certified preslae ?
Great tech to prevent rug pull, but how the lid coin gain value in long term and provide value to holders ?
As people like truly Decentralised experience but lid list vetted project so isn’t it become somewhat Centralised ?
What is the new features planned for next quarter?
How does LID Protocol help us to avoid “soft exit scams” meaning that i.e. developers just stop working suddenly, or are you focusing just on the liquidity scams? How do you prevent them exactly?
You recently announced a new Presale website, Liftoff. Could you please tell us more about its developments & updates over the previous one?
Which problems would you consider Uniswap to experience currently and what kind of solutions does LID Protocol offer for these?
– Many projects llock liquidity in UniSwap and still make exit scams, how can LID Protocol combat these cases? Is there any kind of mechanism to protect investors?
My real username is @Winterkom, I forgot the “m” at the end
– What confidence does the LID Certified Presale give? What requirements must the equipment you want to make your presale using LID meet? Is there a minimum number of tokens to be locked?
My real username is @Winterkom, I forgot the “m” at the end
– LID buyers must pay a 2.5% commission, my question is, when I sell my tokens, do I need to pay that commission too? What is the destination of these tokens?
My real username is @Winterkom, I forgot the “m” at the end
The LID Protocol ecosystem is characterized by community support. What long-term tenure benefits are there for users? Do you plan to apply token burning to help improve the value of it?
The LID platform has the option of Social References, when someone uses your referral code they get 2.5% of what they deposit. How is the income obtained to have that percentage? How long will the social referral option be available?
The LID protocol project is characterized by providing solutions for liquidity locked in ERC20 tokens. Do you plan to do the same with other types of tokens in the future? Also, what kind of platforms are you interested in having partnerships with in the future?
In the distribution of tokens they have a percentage destined for event funds What is it about? Will they be events that will help attract investors to the platform? What are your long-term plans?
What is the business model of Liquidity & how does Liquidity generate revenue for project development? How attractive and safe is the Liquidity Dividends Protocol project for investors and developers?
What role does LID token play in the project ecosystem? What is its utility and how should investors hold it? And are there any upcoming LID updates that you want to show / share with us?
As the community driven project, what is your strategy for building a strong community & what services do you provide to the community?
As the community driven project, what is your strategy for building a strong community? And what services do you provide to the community?
You recently entered into a partnership with Askobar network! What benefit are your companies getting from these partnerships and what joint projects are you going to work on? Will this partnership give rise to growth and success?
After LID does the Presale, what steps will be taken in the future?
Can you explain more about your standardized non-custodial presale smart contracts that lock liquidity? How exactly does this solve the issue of Uniswap Exit scams that are common these days among new projects?
LID is using the “Proof of Locked Liquidity” where presales trustlessly deposit liquidity into Uniswap then burn and locking the liquidity permanently. How will this protocol protect the investors from the people abusing anonymity with “rug pull” scams?
How can Liquidity Dividends protocol’s technology make developers vastly more productive and providing every individual users access to unlimited computational resources in terms of cryptocurrency?
Why did some people get all there tokens immediately the Pre-sale ended which made them to dump the tokens to about 80% below the listing price?
What difficulties are you faced or facing to bring partnerships or mass adoption, while blockchain seemed as a scam in the common people? How are you going through this?
According to the referral program, I if refer someone and that person buy LID, i get the 2,5% fee of that bought. How is it sustainable for the platform to do this transactions for free and how long this program will last?
What is your marketing strategy to attract customers and investors to #Liquidity Dividends Protocol in 2020 and future?
What do the Liquidity Dividends Protocol team think about DeFi? Does the Liquidity Dividends Protocol team have a plan to integrate DeFi into the Liquidity Dividends Protocol platform?
What’s holding #LIQUIDITTY DIVIDENDS PROCOL back today and can these barriers be overcome? Where do you see the future of #LIQUIDITTY DIVIDENDS PROCOL in 10 years from now?
Is LID have any Coin Burn / BuyBack system or any plans for Token Burn for increasing the value of Tokens & attracts Investors towards Stake for investments?
Could you please explain why you decided to use 2% releasing method for every 1hr till 50 hrs before Presale partcipants could get there token?
dApps are the mainstream attraction to some people in the crypto space.
Does Liquidity Dividends Protocol have a dApps project coming in the near future?
Staking & Mining is very popular today as incentives, so does #Lid token support any and what are the requirements? Does need to run a separate node to participate in Staking? For people without technical expertise, how do they get involved in Staking?
What are the main revenue streams generated by the $LID token? What advantages do you get as a platform by relating your token to all aspects and products of the Lid protocol ecosystem?
In the bad situation of the Covid-19 epidemic, every industry was heavily affected. Does it affect on the growth of LID team and its ? What are your plans to turn challenges into opportunities for #LID DEVELOPMENT
Licensing usually involves holding patents. What patents have you applied for and/or what measures have you taken to protect your tech and avoid third parties copyi ng and taking advantage of them?
What’s the difference between ILO and ICO Or IEO and what’s the UTILITY OF LID token? Do you allow private individuals to provide Liquidity? What are the modalities involved in becoming a Liquidity provider
What are the great achievements that Liquidity Dividens Protocol($LID) has achieved so far? What is your plan for 2020 (such as cooperation, development and marketing, ..etc)?
16% of LIDs go to Uniswap. Is that amount enough to cover the supply/demand when making the swaps?
Liquidity Dividens Protocol project looks very Futuristic! But, Could you tell us The main role of $LID Tokens in Liquidity Dividens Protocol Ecosystem?
The greatest threats to DeFi is that of Security, so can you explain how secure your are, do I need KYC to enjoy all the awesome features of #LIDProtocol
This is a new platform and what about ordinary people who want to ensure the success of your project? how do you convince investors?
Are you eyeing future partnerships from different projects?
For Projects that wants their presale Licensed and certified by LID what are the requirements that they must meet and what processes must they undergo for their presale to be certified by LID..can you briefly explain the application process
Recently Hatchdao a project using Trustswap’s fully Audited smartlock Trusted system still rug pulled despite using Trustswap as a Third-party Lockup system.. What makes LID’s Lockup system different from that of TrustSwap and gives users the confidence that projects using LID will not be able to exit scam
One of the Main Aim of LID is to prevent Exit Scams..will it not be possible that scammers can create a Mintable token get its presale Licensed by LID and Lock a part of its fund as liquidity forever and then end Up Minting very large number of its Tokens to Dump on their victims..Does LID has any strategy of preventing Such Events
Protecting users / member data and privacy has become a problem that many companies / projects must face in their development?
As we know, every successful project has a few stories behind the scenes, what’s the story behind LID success? What was that vision when it first cleared as an idea? Are there any special prototypes or upcoming LID updates that you want to show / share with us?
#Liquidity Dividends Protocol has the good Dev team who assures speedy developments of different functionalities on #Liquidity Dividends Protocol ecosystem. Concd like to know more about your team. Were there any significant challenges that your team encountered in the past?
How does LID make it easier for Uniswap to deposit liquid without the need for smart escrow contracts? Is it possible to apply this principle to exchange platforms other than Uniswap?
Currently transaction rates are very high at Ethereum. If all buyers will pay a fee at ETH and then be part of a reference fund, do these high rates represent a problem? Will the user who attracts referrals be affected and receive less profit? How do you solve it?
Will the Lift Off presale dapp support early access for people who stake their LID similar to the current presale model?
Because we can assume the LID is a verified DeFi project platform. In the project submission process, what are the payment methods and how many applicants will be verified? Will this be paid for by Lid or ETH?
I have some idea from other platform to increase the utility of the native token LID would it be possible to ask an application fee to be paid by LID?
And where the 5% of ETH go?
How about the fee for Liftoff? 5% still? 3500 or 2k above is quite high for me. hard to reach these days.
How about The burn and Buyback for LID. Can you guys provide the hash after every presale? For which presale eth fee?
Like Bounce where u just create pools and start selling? Ok to prevent minting issues or rug pulls
Experienced many rug pulls so planning to move to LID. That’s why I want to ask everything. So I must go to premium not in the LIFT OFF. Anyway, Have you considered Lowering Cap in every presale?
So once they are audited, they get their own dapp page and start their presale on their own without ur involvement? Is there a cap for how long their presale can run or is their a soft and hard cap for liftoff
Is it going to be worth it? I mean, who wants project with no products after the sale. The price will just drop.
Regarding to the LIFTOFF, what is the difference Between ILO and ICO? It sounds very similar, could you explain us?
If the presale fees in LID platform are paid in ETH, doesn’t it represent an issue due to the congestionated network? What are your parameters for improving the user experience regarding this?
400 LID staking registration fee. What happens to these tokens? Do they stay on my balance sheet and work for me? Or do they go to fight inflation and get burned?
How does the standardized non-custodial presale smart contracts lock liquidity, can this be publicly seen by users?
Why did you decide to choose Uniswap to receive liquidity from LID presale, what are their Highlights? It is fast but usually transactions are really expensive
$LID is mainly an utility token, but with the succesful development of LID Protocol as a project, its behavior as an asset may look attractive for investors, which characteristics of $LID do you think might make it even more attractive as a trading asset?
What is special in the team behind Liquidity Dividends Protocol? What in your backgrounds and experience has nurtured the platform and ensure its vision and future development?
According to the referral program, if I refer someone and that person buy some LID, I get the 2,5% fee of that bought. How is it sustainable for the platform to do this transactions for free, is this program limited in time?According to the referral program, if I refer someone and that person buy some LID, I get the 2,5% fee of that bought. How is it sustainable for the platform to do this transactions for free, is this program limited in time?
Your roadmap has 6 big milestones, what is the timeline of when you expect to reach each objective, and which step are you currently on?
What are the long-term goals of the LID Protocol? Just a way to participate in Uniswap safely or something else?
What have the LID Protocol’s greatest successes been so far this year?
How can I get my link or reference code?
The Liquidity Dividends Protocol provides presale licensing and ILO certifications. ILO, or Initial Liquidity Offering, is where new tokens deposit and lock liquidity using funds raised in a presale. My question is how much cost need if any project want to part of this service? What is the process actually?
As I explore how LID works, I notice that 2%/ hour of the tokens are released. What’s the reason why you decided to use 2% releasing method for every 1hr till 50 hrs before Presale partcipants could get there token?
The Liquidity Dividends Protocol uses new technology that provides solutions for depositing liquidity into Uniswap while also offering a social rewards based staking system. What is your social Rewards based staking system? How is it work? Can you tell me details?
Some of the most common token released are ICO, IEO and the most recent is IDO. LID has their own “Initial Liquidity Offering (ILO). How is it different from plenty of coins that became Ponzi-like?
One thing that I notice is some peole get their token immediately after the pre-sale Why did they get all there tokens immediately which made them to dump the tokens to about 80% below the listing price?
LID Protocol Set to Launch LIFTOFF Finance to Eliminate Rug Pulls in the Smaller Scale DeFi Market. What is LIFTOFF Finance? Please can you share With us about your upcoming product LIFTOFF Finance?
Unlike other complex staking mechanisms by other protocols, LID Staking focuses on the increased incentive to stakers. How will the Staking Rewards are generated? What is the 2% tax applied to certain transactions?
Staking benefits help to increase holding incentive, LID Protocol has developed innovative ideas to further increase the benefit to long-term holders. What is minimum LID Stake to join the “Presale Early Access”?
One of the main problems of trading in Uniswap is the amount of SCAM tokens that are listed in it, what security system does LID Protocol provide to avoid being scammed? will it just block tokens that don’t provide reliability?
What is really the mission and vision of this LID Protocol? Is it simply to develop a project that provides tools and solutions for the big problems that exist in the best IEO DEX like UniSwap?
LID Protocol is really a big problem for scammers on UniSwap, but is it really inevitable that these SCAM tokens will be blocked? or is there any way they can get rid of LID?
An important factor to increase the value of the tokens is to be listed in recognized exchanges, really when they think to list LID in IEO like BInance, OKEx or Huobi? or is it not necessary?
Really if I bet on the LID Protocol stakes will I be able to avoid high gas costs between operations? or will it simply generate a% of all operations performed by other users?
In the same way that LID Protocol will provide security and guarantee to its users of SCAM tokens, will it also provide reductions in the amount of gas used between transactions in UniSwap?
The only way to enjoy the security and guarantee of LID Protocol is to pre-sell the new tokens through this protocol? Or are there also other alternatives that provide guarantees?
As LID Protocol is governed by the DAO community, then why implement certifications or “licensed cover” that restrict SCAM tokens, when can the community really vote for which tokens to list and which to block?
Really how users can enable LID Protocol in Uniswap? do you need to pay a quantity of tokens to be able to enjoy their services in uniswap?
why are you standing on ETH (ethereum) ?
LID Can be used for staking and farming. So, if anyone want to staking and Farming LID, Where and how they stake and farm LID? What benefit they received for staking and farming?
Liquidity Dividends Protocol solves the issue of Uniswap exit scamming by using standardized non-custodial presale smart contracts that lock liquidity.But how did you solves this issue? What is the process?
As Defi is getting bigger, $LID is finding more ways to save people from exit scams and rug pulls. so, can you tell us about Defi and TheFutureisLID in Defi Ecosystem?
Are there any plans in this year create Yield Farming for LID protocol?
I have seen many projects claim to lock liquidity and will even show proof of unicrypt, but they will still remove liquidity later, how do you prevent such happening on LID
The greatest threats to DeFi is that of Security, so can you explain how secure your are, do I need KYC to use LID PROTOCOL and do you plan to make a user friendly APP
Staking, Yield Farming and other incentives are my major goal as I like to make passive income. Can you explain more about LID staking and farming
What are the benefits of $LID apart from investing or trading?
How many killer features of project that makes it ahead of its competitors? Could you tell us 2-3 features ?
1) LIFTOFF Finance vs LID protocol you both probs more like a siblings, one handle big project and the other handle small/niche project. How do you define which is which big project vs niche one, is it in liquidation pool invest or any other market valuation?
2) how do you guys insure yourself, if somehow you missed a rug n pull project (are there any cooperation with 3rd party, to insure the funds)
Aside from providing solutions for depositing liquidity to Uniswap, do you consider to collaborate with other swapping platfom? Does Lid Protocol also considering Exchange platfom to partnered for their liquidity needs?
What is the proceeds of the initial fee registration paid by LID stakers which is 400 LID in Staking? Why is there a need of initial registration fee? Can you explain more about the policy and pros and cons of Staking in Lid Protocol?
Can you explain and describe more about the LID Certified Presale? What is the advantage of this presale over other normal presale conducted by some tokens? What is the gainful benefits and safety precautions that it brings with your clients?
What’s holding Liquidity Dividends Protocol back today and can these barriers be overcome? Where do you see the future of Liquidity Dividends Protocol in 20 years from now?
What is your marketing strategy to attract customers and investors to Liquidity Dividends Protocol in 2020 and future?
What incentives are the LID team providing for participation in the DAO and for stakeholders to take action that is beneficial for the community? How is the transaction tax sent to the DAO fund used?
How much of the deposits will enter the pool as a result of social media referrals and how will the rate of profit that users will receive with the reference feature be determined?
How does the Liquidity Dividend Protocol solve the potential Uniswap exit fraud problem and how does it play a role in protecting liquidity?
How long will the contract check whether the voter has participated in at least 50% of DAO votes?
How much registration fee is staking has? And how many percent discount if the staker uses a referral code?
As I know whilst staking benefits help to increase holding incentive, LID Protocol has
developed some truly innovative ideas to further increase the benefit to long term
holders of the token. So what are these benefits include?
Can you tell us more about Liquidity Dividends Protocol of lid. How it solves uniswap exit scams?
What are incentivizing for stakes in lid ecosystem? What advantages community gets for participating in a DAO.
I can see apart from sale, there is presale referal program, How do the presale referrals work?
How does LID Staking work? Why 2 % tax is applied to certain transactions in the LID Ecosystem?
As we know that Uniswap is rife with a certain type of scam – the “rug pull” – in which liquidity placed in the liquidity pool is removed from unsuspecting traders and investors,so how LID PROTOCOL deals with problem and ensures liquidity pool won’t get dispute?
What is LID Certified Presale? Will this be diffrent from normal sale? What is importance of this term certified??
Thanks for conducting AMA. Right now, there are many projects which working on preventing anti-rug projects. How LID is different from those projects? Also, what all different parameters does LID protocol checks before launching new project/token on its platform?
With a total supply of 142M Lid, 38M Lid of this is staked. According to CoinMarketCap, 87M Lid is currently circulating. I have a question: where are 17M Lid’s that CoinMarketCap doesn’t know about? And isn’t Uniswap too cramped for you, maybe you are thinking about listing on other exchanges?
What additional benefits LIFTOFF will provides on top of existing Lid protocol? What is coming next after LIFTOFF?
Also, I see DEX exchanges are the future. So, any plans to list LID in other Dex or start Dex by LID team themselves?
What is the technology that the Liquidity Dividends Protocol has developed for securely depositing liquidity generated via presale into Uniswap and how will you use this to earn revenue?
Licensed Socially Engaged Staking is a totally new concept to me. How does this work and why will users be interested in it?
20% of LID Fees (in ETH) from each presale will be used to buyback and burn LID Tokens after presale. Can you share more light on this matter and how it will be executed? What benefits does it bring with each token burn?
Do I need to Do KYC to use liquidity dividends protocol platform!?
Could you explain how and what is the requirements to join liquidity dividends protocol DAO staking app?
I am new and first time about liquidity dividends protocol , can you explain what kind of service that liquidity dividends protocol provide and other platform don’t!?
How can lid ensure its users that it will be a lot different from other scam projects like sushi? Please explain in a simple way so that every user can understand it.
How lid can give huge support to new defi projects?
Can lid be listed on binance in the future? How much time will it take?
Q1. There are five common core issues in technology today: scalability, security, interoperability, speed and privacy. How will $LID Tackle these problems?
Q. Is there any mining platform for $LID??What is the main motto of $LID Token,will it beat other crypto like Bitcoin,etherium one day?If u think $LID will beat other crypto,what is the main feature that will differentiate $LID from other cryptos,what is the benefits of holding $LID,will $LID become successful in future,will a general user having no knowledge of crypto ,can trade $LID?what is main feature that makes $LID so special?
What does LID do better than its competitors and why would users have more benefits using its platform than its competitors?
Adoption is one of the important factor that all sustainable LID projects should focus to be more attractive in the investors’ eyes. What did moonswap do and plans to do to achieve real world adoption?
What’s the difference between ILO and ICO Or IEO and what’s the UTILITY OF LID token? Do you allow private individuals to provide Liquidity? What are the modalities involved in becoming a Liquidity provider?
Can you give me more information about your Roadmap of LID? What is your goal for 2020-2021?
What are the major milestones you have achieved so far?
WhatCan LID meet all the features and needs of the financial ecosystem? Can it offer Speed, Security, strong infrastructure, innovative ecosystem, stable use and traditional bank solutions together? Can LID be the chief architect of the financial ecosystem?
What guidelines LID Protocol are using when determining scam and legit projects? What is the list of criteria that the projects must pass to be able to say it as legitimate project?
As a platform, why are we gonna believe on what reports or findings LID Protocol will release? What credibility or experience your group have to do such complicated task.