AMA Satoshi Club x ZeroSwap, October 7th

We are pleased to announce our next AMA on October 7th 2020 at 12:00 PM UTC Time: Satoshi Club x ZeroSwap

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join ZeroSwap 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 Bitcointalk thread.

Part 2: 100$/10 users – Open chat for 80 seconds. You can post Max 5 questions. ZeroSwap Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about ZeroSwap

For more details:
ZeroSwap – @zeroswap
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

125 thoughts on “AMA Satoshi Club x ZeroSwap, October 7th

  1. How does ZeroSwap deal with other DEXs currently obstacles to accessing DeFi services : high gas cost with on-chain transactions, liquidity being fragmented to various protocols and services, trade fee, subpar UI/UX and lack of efficient market-making mechanisms ? What are your competitive advantages that convince me to use ZeroSwap instead of the others ?

  2. You want to cancel gas payments for transactions and offer zero commissions. How can I get zero commission?

  3. Please tell us what kind of reward you can get from Liquidity Mining? What conditions should I fulfill?

  4. I read that by justifying your project name “Zero” you came out with two factors, Zero Fee Trade, and Zero Hassle in accessing Decentralised Exchange Liquidity with a user friendly UX. Clearly, you are offering unique features like gasless transactions and zero fee trading, my question is How will you generate income if all falls to ZERO?

  5. Why did you develop ZEROSWAP, what is your primary goals and what have you done to achieve these goals?

  6. $ZEE is the governance token of ZeroSwap, what is the usecases of $ZEE to ZeroSwap ecosystem? What are the benefits we get if we buy and hold $ZEE?

  7. Your name is ZEROSWAP, how do u plan to live according to that name “Zero”? What and what makes your exchange unique above others?

  8. If Ethereum figures out their scaling issues, then projects like ZEROSWAP will not be able to compete. How will you respond to it?

  9. Will you make this project related to doubts session like live session, privacy policy, youtube video for normal user and solution team conduct so that people can understand it easily?

  10. How can we also be a part of this project and work with you and what qualification should we have to do that work?

  11. DeFi has three sectors: DEX Synthetic asset and Lending. Which exactly is ZEROSWAP focusing on? Do you have plans for others that you’re not focused on yet?

  12. The main Problems in Most of DEXes are 1. Insufficient Liquidity, 2. High Gas Fees, etc .. So, How ZeroSwap platform solves these some Issues from it’s DEX Zeroswap platform?

  13. Explain 3 benefits and utilities of $ZEE? also whats the use of $ZEE in ZeroSwap whole ecosystem? Why should we have to invest in $ZEE?

  14. ZeroSwap didn’t charges any transaction fees on it platform,
    My question is, where does ZeroSwap earn funds to run its platform if you didn’t charge any fee to your users?

  15. Will the protocol reward every trading activity users make on the chain? How will trading activities provide liquidity to existing DEXs?

  16. Utilities of ZeroSwap are Liquidity Mining, DeFi Token Offering, Market Making Suite, Multi Chain Support.

    We use $ZEE for Governance of entire Zero Protocol Suite, Liquidity Mining for rewards for protocol users and Transaction Fee mining for making protocol sustainable for providing gasless transactions.

  17. We can see uncountable amount of Hacking & Leaking News today in this Cryptocurrency Space. How you ensure that the assets of ZEROSWAP Users are Safe and Secure?

  18. How will ZeroSwap create solutions in the industry against the liquidity problem faced by many projects? How will liquidity mining work and how will ZeroSwap collect liquidity?

  19. How will ZeroSwap multi-chain protocol be integrated and will it support Binance smart chain and Ethereum? How will it ensure compatibility with multiple chains?

  20. Why does ZeroSwap care about its SDK infrastructure and how will you deploy the market making suite to truly power the trade?

  21. The site says that you do not charge a commission, transactions are done commission-free. Will this not lead to negative consequences, for example, the generation of multiple orders with subsequent cancellation or the dominance of bots?

  22. Based on the date the Twitter account was created, your project is very young. Information about the team is not presented on the site. How do you plan to gain user trust?

  23. Do not be offended by my question, but over the past few months I have studied several projects with a very similar concept to yours. To be successful, you must offer more than the functionality currently described on the site. Do you have any original ideas for implementation?

  24. Something that strikes me about Zeroswap is that it uses the Transaction Fee Mining which offers a 0% commission. The latter has a lot of appeal, but it makes me wonder where they back their income if they don’t charge commissions?

  25. Currently many Blockchain projects are more concerned with the value of their tokens than with their project itself. How is Zeroswap different from other projects that are similar? How confident do you give future investors that your project is strong enough?

  26. In the world of DeFi projects, security problems are very frequent and worrying both investors and project managers. What security protocol are they using to protect investors’ assets and information?

  27. After analyzing your project and its way of operating, can you consider that your platform is friendly for all users? How does the Zeroswap project intend to stand out among others and win the attention of future new investors?

  28. Zeroswap is a dex suite that combines liquidity  from multiple blockchains and aggregates them to enable faster order-settlement can you explain how This aggregation of liquidity is done in Zeroswap. What blockchains do you currently have integrated in zeroswap, and what do you look out for before integrating any Blockchain

  29. Your protocol will reward users every time they make an on-chain trade and provide liquidity to existing DEXes..but how is the users rewards for on-chain trading and liquidity providing calculated and in what form will this rewards be payed to users

  30. I saw that On every transaction done on your platform ZEE tokens will be generated .. At what rate will the Tokens be generated, will this be sustainable for a long time, or will there come a time when ZEE tokens will no longer be generated for every transaction. What will be the maximum number of ZEE tokens that will be generated this way

  31. The website doesn’t say Anything about the team, so can you tell us how much Big the the Zeroswap team? Also Which are your strategic Partners?

  32. Zeroswap Will become the First DEX to launch a AMM model based in ZK-Rollup so can you tell me what Unique features Will bring you this?

  33. Zeroswap claim to be developer-friendly so can you tell me How many Resources to offer to them? Also How Programming Languages Will be able to use in Zeroswap ecosystem?

  34. Zeroswap interact with so many ERC20 tokens, so can you tell me what you avoid the Ethereum fees and a archieve the Zero Commisions?

  35. – Transaction Fee Mining is mentioned a lot within ZeroSwap to offer users ZERO Fees while using the platform. Can you explain to us what exactly this Mining is and how it makes it possible to have no commissions?

  36. – In order to enjoy transactions with 0 fee it is necessary to deposit the money in ZeroSwap? How do you avoid charging gas and transaction fees?

  37. – If everything at ZeroSwap is 0 commissions, how does the development team benefit? Do you have a system to obtain profits to continue developing ZeroSwap?

  38. DeFi has three sectors: DEX, Synthetic Asset and Lending. Which exactly is ZeroSwap focusing on? Do you have plans for others that you’re not focused on yet? I heard that your planning to launch “ZEROLEND”. Can you give us some hint?

  39. Users can earn rewards from Liquidity Mining and every time they make a on-chain trade and providing liquidity to Zeroswap DEX. How can I provide liquidity, and what is the structure of the rewards distribution through these features?

  40. Zeroswaps counts with a unanimous governance mechanism to govern the Protocol that changes over time. How do you generate trust to users with this mechanism, what is the role and power of your users im this governance system?

  41. In Zero swap anyone can kickstart a DeFi Token Launch with zero cost. How can value be added later to that token, what are the features of it, how do you protect users against scammers?

  42. In zeroswap users will be able to make on-chain trades and add/remove liquidity at ZERO Cost. Howia it sustainable for the platform, where do you get revenues from?

  43. Would Zeroswap as a multi-chain protocol allow the communication between different blockchains through its zerofee mechanism?

  44. ZeroSwap will be a Multi-Chain protocol, starting with ETH and Binance Smart Chain, TRON blockchain has one of the fastest and cheapest transactions, why won’t it initially be part of ZeroSwap? When do you plan to add it?

  45. “Gasless Transactions”, “Zero Fee for Trading”, “Rewards for Trading”, … How will this project survive?

  46. Congrats on the integration of ZeroSwap with Binance Smart Chain. What will this integration provide for ZeroSwap, Binance and us the community?

  47. Can you provide some details about DEX Aggregation? What technical infrastructure helps to access liquidity from all decentralized liquidity providers?

  48. Do you have any bounties/rewards for the developers those contribute to your system? Are there any specific criteria for joining the contributer team?

  49. The way it lists the obstacles present in existing DEXs is simply brilliant, accurate and spot on, not to mention the safety issue. However, do you think ZeroSwap solves all these problems without creating new ones? In addition to the above, is it sustainable and safe?

  50. ZeroSwap offers gasless transactions and zero trading fee and this is where ZeroSwap name “Zero” originates. Aside from “Zero Trading Fee”,
    How user-friendly is your UI/UX?

  51. “ZeroSwap charging ZERO transaction fees on its users”.  Where does ZeroSwap earn funds to run its platform if you’re not charging any fee to your users? What makes ZeroSwap stands out from your competitors offering Zero Trading Fee?

  52. Why have you chosen Binance SmartChain as the priority blockchain (along with Ethereum) for the ZeroSwap deployment? How will this combination of ETH and BSC is the solution for the problems of DeFi?

  53. Recently ZeroSwap has ink a partnership with FRONTIER. How will this partnership beneficial to ZeroSwap? Aside from DEX, Do you have any plan to introduce Synthetic Assets and Lending?

  54. When I’m checking your website, there are two things that caught my attention, the “DeFi Token Offering” (DTO) and the Market Making Suite (ZeroSwap SDK). In simple terms can you explain how this two works?

  55. One of the problems that most of the new DEXs experience is the “Insufficiency of Liquidity”. What are the steps you’re taking to solve this issue?  Are you offering “Liquidity Mining Rewards” for adding liquidity to the pool?

  56. With ZeroSwap Platform’s very ambitious project comes with all sorts of obstacles, so far what are your team developers biggest obstacle that you already solved?

  57. As a new project, what do you think ZeroSwap’s biggest attraction on the Defi market? How can you compete with big DEXs like Uniswap, Sushiswap, Justswap …?

  58. Zeroswap is a free on-chain transaction protocol, Gas-Free Transactions. What mechanism helps you to do this activity? How does your team generate revenue?

  59. There is currently no information available about Zeroswap other than the features you have listed on the website. So how do users trust and expect your launch? Why invest in Zeroswap?

  60. Currently, Ethereum’s problem is gas cost, scalability. If they solve this problem then Zeroswap will no longer be of interest. So how will you handle it?

  61. DEX is very popular right now. What do you think Zeroswap’s strengths are for surpassing or at least on par with rivals like uniswap, 1inch … Is there a weakness of Zeroswap that you are looking to overcome?

  62. Currently, Ethereum’s problem is gas cost, scalability. If they solve this problem then Zeroswap will no longer be of interest. So how will you handle it?

  63. Zeroswap does not charge any fees, so How can Zeroswap keep its operation? Where does your revenue come from? What benefits do the team get from implementing the project?

  64. To be a multi-chain protocol, why did Zeroswap choose Ethereum and Binance Smart Chain to start implementing? Can you reveal some of the chains you’re about to integrate?

  65. Zeroswap uses meta transactions to execute gasless transactions. So how does meta trading work? Are there any downsides it brings?

  66. ZeroSwap by having larger exchange pairs of multiple chains, then will it increase the amounts of SCAM tokens that are listed in it? or does it have a blocking system for these tokens?

  67. You say that “ZeroSwap Protocol changes over time”, what “changes” do you really mean? just to new updates? or also to resounding changes?

  68. really with Zeroswap you can make transactions totally free through metatransactions? And also can you make a profit for each operation you perform? if so, this is GREAT!!

  69. One of the main problems of the ETH chain with its PoW, is its low liquidity, how will ZeroSwap solve this problem, thus increasing liquidity? just betting ZEE tokens?

  70. actually using DEX exchange platforms are much more complex than CEX, how will ZeroSwap help attract and help users who are adopted only by IEO CEX?

  71. How does ZeroSwap really manage to interrelate two different chains with totally different proof, one PoW and PoS? do you use a cross-chain hybrid with both proof?

  72. From what I understand the only differences between UniSwap and ZeroSwap is that the first works only for ERC20 tokens and uses high gas consumption, while ZeroSwap works for multiple chains and zero rate? is there any more?

  73. What is really the mission and vision of this ZeroSwap protocol? is it simply to provide a platform that helps its users to carry out exchanges and operations totally without restrictions or fees?

  74. With ZeroSwap, will I be able to make transfers to wallets on exchange platforms such as hotbit (which do not accept transfers from smart contracts or UniSwap) without problems?

  75. As we see many fake token listed on uniswap & also the high fee, how does Zeroswap elemintaes these Problems?

  76. As we all know that After Defi Came in to market, Eth fee got really high, & after this many New project came in the market to solve this problem, isn’t it?
    How will these scenarios change after Eth 2.0?

  77. On chain Liquidity is the major peoblem that many Dex Face at the moment, How big is this problem?
    What soultion does Zeroswap come up with?

  78. Paraswap, Uniswap, 1inch, etc There are many DEX’s coming & offering almost same features & trying to solve same problems,
    Why should people/users choose ZeroSwap?

  79. How does Listing take place on Zeroswap?
    How will you ensure that No fake Projects gets listed here?

  80. The greatest threats to DeFi is that of Security, so can you explain how secure your are, do I need KYC to use Zeroswap and how secure is zeroswap

  81. We had a recent AMA in Satoshi Club with FalconSwap which aims of no gas fees trading. How do you differ yourself from them and solve the problems of liquidity and reduce On-chain fees to zero?

  82. Dex Token Offering(DTO) claims to be a unique platform to kickstart DeFi Token Launch with ZERO cost. What precautionary measures have ZeroSwap taken to ensure- 1) New DeFi Token Team does exists, 2) Code is audited to ensure mint function is not present and prevent other smart contract vulnerabilities, 3) Team and foundation tokens are locked to prevent rug pull, and 4) If DTO is Zero cost, even scam projects will attempt to use your platform and so how will you identify scam project from legit ones and how will you earn revenue too?

  83. Zeroswap is for zero fee for almost all transactions in your platfom. So, how will you generate profit and revenue with your platform? How possible of having no fee in which we are aware that ERC20 tokens has a high gas fee?

  84. Can you explain how to earn magical rewards in Liquidity mining to DEX via ZeroSwap? What magic would it be and how does it become magic? What algorithm or mechanism being used for liquidity mining in Zeroswap?

  85. As a Multichain protocol, between Ethereum and Binance Smart Chain what do you think is better for Zeroswap? What is your priority as of the moment? Why do choose to be a Multichain?

  86. ZeroSwap allows users to earn rewards from Liquidity Mining and every time one makes a on-chain trade and providing liquidity but the website doesn’t mention in which form the reward will be. If the rewards are based on your native token ZEE, what will increase the need and demand and utility of the ZEE token and bring profits to the investors? What will be the basis of these rewards like based on number of transactions or on transaction volume?

  87. ZeroSwap didn’t charges any transaction fees on it platform.where does ZeroSwap earn funds to run its platform if you didn’t charge any fee to your users?

  88. Will the protocol reward every trading activity users make on the chain? How will the trading activities provide liquidity to existing DEXs?

  89. Will it be possible to use trading bots on ZeroSwap? I understand that your protocol is, in fact, a universal bot that connects different chains, but I would like to see something more familiar and easily customizable for the desired trader’s strategy

  90. What is DeFi Token Offering? Do you provide some kind of starter set of tools for the birth of new projects or, in addition to this, accompany the project by providing not only the “Start” button, but also the buttons “Help in marketing”, “Help with listing” and possibly “Help with financing “?

  91. I would like to talk about Zero Fee. The fact that you are announcing a swap without a commission is good. But do I understand correctly that you still have to pay commissions for ETH and BSC networks? And if I use Metamask for the ETH network, what tool should I use for the BSC network? ? Possibly ZeroSwap MultiWallet))))))

  92. Gasless Transactions — All on-chain trades and addition/removal of liquidity will be processed via gas-less transactions, this will happen through transaction fee mining. – Can you explain how does this works?

  93. Can you tell me about your team as there’s no info on the website? Please also eloborate on your project timeline ?

  94. What is special about Defi platforms that you transitioned into it? Is it because of the popularity of Defi today that force your team to do so or the previous model of your platform failed?

  95. I have read that existing DEXes have many obstacles to accessing DeFi services ,high gas cost with on-chain transactions, liquidity being fragmented to various protocols and services, trade fee, .How will zeroswap cover up all the missing pieces in existing DEXs?What are the protocols and governance ?

  96. As defi is the hottest topic we see zerswap is a defi token offering platform. Some Defi projects couldn’t even last long in the price after hype in the beginning like sushi .How does Zeroswap would be able to manage the price underline of new defi tokens?

  97. Zeroswap is a multichain protocol and integrated with binance smart chain recently.Can you explain us what attracted Zeroswap to Binance Smart chain first? Tell us the uses of other chain if binance smart is best.

  98. all gasless transactions of zeroswap happens through transaction fee mining.I cannot understand When Users earns rewards from Liquidity Mining what are the transaction fee user should pay here

  99. Zeroswap has features like zero gas and zero fees. Will this features makes best than other? Please ensure us your this feature is not a showcase window and zeroswap has reliable revenue sources to run project where huge uniswap like charges fees still.

  100. I really liked the idea that ZeroSwap will be a Multi-Chain protocol, starting with Ethereum and Binance Smart Chain. What DeFi tokens are you planning to add?

  101. Does Zeroswap is same as uniswap ( Uniswap allows permission-less) in listing? What are the permission to use if required?

  102. The main Problems in Most of DEXes are
    1. Insufficient Liquidity,
    2. High Gas Fees, etc ..
    So, How ZeroSwap platform solves these some Issues from it’s DEX Zeroswap platform?

  103. There are lots of Project coming these days & The Main problem with many project is Adoption, Why do you think that ZEROSWAP will Achieve #Mass_Adoption?

  104. What is the current status of the project? What is the roadmap? How is it gonna be different from the other financial ecosystems aimed at reducing transaction fees?

  105. When will ZeroSwap fully integrate with Binance smart chain and Ethereum and how will the multi-chain principle work?

  106. A lot of new protocols are springing up these days to solve the stumbling blocks associated with existing DEXes, how do you intend to stay competitive?

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