We are pleased to announce our next AMA on October 9th 2020 at 04:30 PM UTC Time: Satoshi Club x APY.Finance
⚠️Click to see the hour
⚠️Total Reward pool: $800
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join APY.Finance Telegram group
We will have the following structure:
Part 1: 150$ /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: 150$/10 users – Open chat for 80 seconds. You can post Max 5 questions. APY.Finance Team will select 10 questions and answer them.
Part 3: 500$ – A quiz about APY.Finance
For more details:
APY.Finance – @apyfinancechat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
currently you are only supporting dai, usdt, usdc, what are the other type of token that you plan to support? How much yield is the user expect to get when the platform gets mature?
a high percentage of the APY tokens minted is for the team and private investors while only 31% is use for liqiudity mining reward. Can you explain the reason behind such arrangement.What are the other plans apart from yield farming other platform?
Recently, the crypto market is attracting more and more people, but it is accompanied by fake projects, scams, … So what sources does APY currently trust and cooperate with? Is it reliable?
How much will be the commission fee when using the services of APY.Finance? Will it be paid using the APY tokens?
APY.Finance includes what productivity farming strategies are considered to be the newest and best? Maybe the transaction fee must be quite high as well?
What are APY’s strategic models? What are the characteristics of the latest DeFi developments compared to other market Defi? Will the latest Defi help APY.Finance? And what contribution does APY.Finance contribute to make up the latest Defi development?
APY.finance’s core mission has always revolved around the community-owned agricultural strategy. How is the team finalizing this strategy in order to succeed without reducing the profit value of each of your customers?
If the APY.Finance strategy turns out to be unprofitable for the user, are there any insurance or partial compensation schemes?
APY.Finance connects with many DeFi protocols. Now the DeFi direction is on the hype, but no one knows what will happen in a year or two. What percentage of DeFi projects do you predict will survive in the long term?
What is the APY.Finance project for each of you? Is it a source of money, a way to gain useful experience, a hobby or something else?
APY.Finance offers yield-farming. Is this the only service that your platform will offer to the users? Or there are plans to add more after the successful launch of your yield farming?
APY.Finance roaadmap is divided into 3 stages, can you explain the importance of it and what is the time frame of each stage to be completed.
APY Finance most ambitious goal is to create a “community governance ecosystem” right? Before go to live do you have any plan to create a demo version where shows that how it’s works actually?
I know the liquidity pool will be available soon for the early investors to receive APY tokens-with the IDO. So we should only putting it into the liquidity pool the amount that we will not need to pull out to buy tokens from the IDO?
How much tokens supply that platform plans to sell and to distribute them as an incentive among the APY Finance platform’s liquidity providers?
Leading CEX’s Binance and Huobi lauches their own farming pool. How can APY Finance compete with already established Yield Farming in the Market?
What are the pros of having Yield Farming in APY Finance? How does APY Finance makes things efficient for users that are veteran, new or casual users?
What are the uses of APY TOKEN? where can I get it? Also, is it already listed on any CEX or DEX? how PROFITABLE is this token?
What will be the requirements to participate in APY governance? Will it be a specific number of $APY required?
Apy finance’s team mission is to democratize yield farming. What are the key points of the current way yield farming is developed that needs to be changed to achieve that, and what is your approach for it?
What is the new APY Finance token burn economic model? When will the token burn take place and what benefits do you see from this model for the APY Finance ecosystem as a whole?
Since APY.Finance is both an aggragator and a bot, will it have similar features to Yearn.Finance such as Earn / Vault / Zap? how would you describe APY.Finance compared to Yearn.Finance ?
EU governments try to take control of any financial topic, of course this is on their agenda too. What is APY approach to that?
APY.Finance uses a risk assessment framework to assign every strategy a risk score.. can you explain how this risk assessment framework is used to generate a risk score, how accurate is it and what will be the advantages
of using a risk score on your platform
Early this month your smart contract was audited by halborn and they found a gateway which could have triggered a recentracy attack which was fixed by the team im interested in knowing what level of damage the exploitation of this gateway would have caused to APY FInance, and how did the team fix the issue.
I see that you planned to roll out an alpha launch with Compound strategies end of Aug/Sept. Then once stable, you plan to expand into $BAL farming and also to further decentralize, you will host a small IDO what are the updates for this plans
What is Initial Dex Offering (IDO) and what are the major drawback it’s rectified in crypto space?
What are the differences or main features of APY with other Aggregators? We know that YFI provides insurance services to users to avoid many project risks. Then what is the focus of this project to reduce risk?
How APY prevents big players like YFI from coming and deciding they want to harvest APY tokens with one of their yield strategies. They could spread 200 million Liquidity and basically eat up all the gifts. Will the payoff be on the curve to prevent big yield aggregators from arriving and farming a large part of the token supply?
product and UI can be the main differentiator. The experience with longing is everywhere, you need to deposit in curves, then stake your yCRV on various batches. Can APY make the experience smoother by not having to navigate to 3-4 different sites and develop interfaces that connect directly with curves, balancers and other smart contracts?
APY’s finance team is committed to long-term project success, so the team has adopted a 4 year vest. Feeling confident and at the same time being the best for investors, will you explain this design and how it will benefit investors?
The recently announced 3.6 million start-up funds, is it for equity or tokens? If for equity, at what valuation (if you can disclose, I think about 12 million). How much for the token? If Hybrid (equity and token) what is the valuation and what is the kicker of the token? Appreciate any insight
I have question ! this pool of liquidity that you will prepare for the initial support, which will allow us to receive multiple APYs. Will it come with the same inherent risk as any other pool of liquidity, namely Impermanent Loss. What if people don’t realize it means you could lose all your money?
What do you think the APY token can be used for? Right now, if I don’t miss anything, the tokens will only be used for governance. Governance is good but it is not real utility. You want certain actions to require an APY token, something that provides real value and reflects platform success = token success.
What is still a mystery to me is. Why should APY have a sale value? I don’t understand that, if everyone is farming, and it’s not necessary to farm (considering you only farm stablecoins) … why would anyone want APY? That’s the last part I need to understand is it only (though important) the power to vote on the underlying investment strategy?
What is the total value used for agricultural produce at Apy Finance? I mean, you guarantee that we can withdraw funds at any time, but if 100% of the funds are used for yield farming strategies, how can we recover funds instantly? Will you use 80% of the funds? Will you set a specific time of day during which withdrawals can occur and thereby mass process them?
May I just roughly check when we will have more info on the timetable for APY’s long term mining reward plans. For example. schedule. From the info available if 900k is released every month. The allocation for general mining will last for 3 years. When will the protocol be implemented for liquidity mining? Expected APY from stored stable coins (Excluding APY tokens). What are the benefits / advantages of being an early adopter / supporter?
– What kind of parameters and proposals can APY Finance members make through governance? Is it possible to modify the smart contract from the basis in case of finding a mistake?
– Why is it necessary to interconnect so many protocols in APY Finance? Isn’t it more effective to only connect those that are more profitable? How do users benefit from so many platforms in APY?
With APY Finance you will be able to obtain the APY Analytics and Track Profits. Do I need to pay for that service? Do you have subscription fee? What type of analytics are given?
Smart Contract Coding is the biggest risk of liquidation and yield farming. Has $APY smart contract been audited? How we can guarantee the safety our funds when we add liquidation to the pool?
APY is a strategy agnostic and asset agnostic. Which lending protocol project have you connected with? Aside from lending what are the Other Financial Primitives are you going to explore?
How will “Smart Routing System” enabled to offer low gas costs to users? How does APY automate the provision of financial liquidity?
Leading CEXs Binance and Huobi are now having their own farming pool. How can APY Finance compete with already established Yield Farming in the Market? What is uniqueness of APY Yield Farming?
PROXY CONTRACT” is used by smart contracts to provjde an upgrade path. How will this technology be integrated with APY Finance? How critical is this in your project?
How many percent (%) of the tokens supply that platform plans to distribute as an incentives given to the APY Finance platform’s liquidity providers?
One of the keys to a large user base of Ethereum is that their yield farming can bring more benefits. Aside from Yield Farming, what else can you offer to the community?
What is mission and vision Apy.Finance team?
Why we invest Apy.Finance?
APY Finance uses Robo Advisor for yield farming. So what advanced features of Robo Advisor that will make yield farming of your platform into a higher level? By the help of Robo Advisor, can we expect a higher ROI from yield Farming? How does Robo Advisor function in APY Finance network?
APY Finance is a fully community owned platform, so what are the full rights or privileges of the community to your platform? How can they contribute and share their efforts for the development of APY Finance?
APY token has not been launched yet but you have so many big investors already, so how did you administer to deal with those big investors? What is the best offer of your proposal to gain trust by big investor in the market?
I understand that APY.Finance uses a risk assessment framework to assign each strategy a risk score. How does this risk assessment system work?
APY.Finance is a performance agriculture robo-advisor that focuses on user experience and risk management. Are these systems to be trusted? Because there are cases in which the details we provide are hacked
What is the aim and innovation of the Apy.Finance project compared to the stock on the market?
What really differentiates APYfinance smart contracts from other blockchain projects? and how do they manage to associate with multiple DeFi protocols of different chains?
As APYfinance is governed by the community, will this community vote for which strategies and contracts to accept and which to block? Or this will be done by the risk manager automatically?
What are the parameters that APYFinance RISK MANAGERS study the most? Will they only look at the strategies and smart contracts? Or could they also study which projects are SCAM and which are reliable?
really what is the name “APYFinance”? What does “APY” mean in particular to the project?
really what is the mission and vision of APYfinance? Is it really developing a ROBO-ADVISOR platform that can filter all existing threats in DeFi finances, providing peace of mind to its users?
really with APYfiance can you “distribute the cost of gas”? If so, how will it be distributed in each operation? Or will the APYfinance contract deduct the gas from the address where the liquidity is deposited?
How do you solve the problem of EXCESSIVE LIQUIDATION and Excessive GAS FEES in DeFi
What’s the problem of over collateralization in DeFi and how does you solve the problem
without proper marketing and capital infusion, project dies, how do you convince us you have adequate marketing power and capital to push this project to the top
What does your community mean to you? What kind of interactions do you have with them? Are you sometimes doing specials in order to make them happy?
Are you able to keep up with your roadmap? What have been the biggest challenge so far? What is the most prior target to achieve currently?
Can you tell about Governance on APY.Finance ecosystem please? Who can be a validator? What criteria determine the voting power? What are the earnings of validators?
There are many decentralized finance projects. What are the advantageous features of APY.Finance so that we can choose it to invest?
Public Liquidity Mining is Live. What will be the benefits of early adopters?
Can you tell some about APY Tokenomics please?
Apy Finance plan to integrate Trust Wallet and Wallet Connect? I think both, users and Apy, would benefit!!
What are the objectives/goals of Apy Finance? Do you think these will be achieved in short, medium and long term?
Many big exchanges such as Binance have recently launched their native farming pools so the competition is tightening up. How do you think that APY Finance can stand up against the big players and is there room for all of them on the market?
APY token has not launched yet but users are already able to farm APT token with USDT, USDC and DAI. Why have you added this additional step between the staked coins and the pool reward tokens?
What differences are there between earning the APY tokens through liquidity mining in comparison to the initial public offering? Will the tokens bought on IPO / earned from liquidity mining have some kind of vesting period?
APYFinance How does it calculate smart contract risk and financial risks? How to check the accuracy of the risk score assigned to each strategy with the calculations made?
How are APY’s user growing strategies distributed across portfolios and how to optimize returns?
APYFinance how it combines user liquidity and How does it offer solutions in yield farming by distributing the cost of gas?
With cross-chain implementations slowly but more and more a reality, are you considering any plans to integrate with any of these new super-ecosystems that gearing up towards this goal?
Will there be an automated notification system in place so that the user is aware in advance and in real-time of the yield farming robo-advisor actions?
In what way does Apy.finance differ from already established players like TokenSets, who provide already automated (and non-automated) strategies for capital & risk management ? That is, what’s the competitive advantage?
You are making a DeFI Yield Farming project, so what’s the difference between your project and other projects that are similarly Defi Yield farming ?
why stand in ETH ( Ethereum ) where the fee is unstable and sometimes very high,
and your opinion on BSC (binance smart chain) which is cheaper in fee and newly created
what are the benefits of apyfinance? benefits
in the outside world or on the blockchain
Can we only mine with stable coins (USDT, DAI and USDC) currently through APY Finance? What plans do you have in adding new liquidity pool pairs in the near future?
Not so many players in the yield farming segment in cryptocurrencies have strategic investors but you’ve acquired many big players as investors. What additional value can they bring to your yield farming platform, do they really have some experience in the niche or is it more like a general help with the strategy of APY Finance?
How can regular investors help APY Finance towards its goals? Do you for example have some kind of ambassadorial programs and what requirements would there be for such?
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Has there been audit of your smart contract code and is there any popular organization that has done and provided audit check on it if yes, can you show it
APYFinance claims to achieve-”One dashboard. One point of entry. One place to farm ALL the coins.” What are the difficulties in accumulating everything into one single platform and how do you do it? At what percentage and stage is your product ready for delivery among the masses?
Impermanent loss has been the biggest pest in my Yield Farming career. Can the Risk Management feature of Apyfinance detect and fight this and bring peace of mind to all the farmers?
To achieve a feat as big as yours of automating yield farming to get users the best, risk-adjusted returns in DeFi, there are surprisingly only 4 members and 2 advisors as per the website. Will the experience of the team be sufficient to overcome the hurdles in your way and are there spots for new entry to the team?
I’ve seen APY.finance wants to focus on Yield farming,but,the more products a project has,the higher value it has so, do you plan to introduce another product? How will you reward your token holders?
You know that many projects remain anonymous in their presales and then they exit scam when it finishes,but I have seen that APY.finance team is fully public and the company is legit and licensed. Did you notice that your presale went better than others only because of being a public team?
Are you fully permissionless and decentralized? Can anyone participate in providing liquidity on the APY Finance platform and what other benefits are there for the participants?
APY Finance is using a smart routing system to automate the liquidity. Does it somehow simultaneously help APY Finance & its customers with providing lower gas fees? Is the smart routing system centrally controlled?
Are the APY Finance’s liquidity pools & yield farming platforms fully non-custodial or do the invested funds at some point be accessible by APY Finance?
Clarify please more about integration Trust Wallet, Wallet Connect and Coinbase Wallet аt APY.Finance.
Why did you choose to go the TGE route over the ICO? Is this due to the regulators? Don’t want to get the attention of the SEC?
I know your technology won 2nd place at HackMoney 2020 hackathon. This is real recognition and success. What is so unique about it?
The site says that you have not yet issued your token. What is happening with investors’ funds now? Do you manage their money as you see fit?
You give APT tokens as a reward for entering stablecoins. What’s the difference between APY and APT? Or is it the same thing?
How the $ APY token encourages the community to update strategy and risk assessment models as the DeFi landscape changes. Please explain the mechanism of this
what are your plans to stop early farmers or investors to dump on to the market like many similar yield farming projects
how do apy finance protect users fund from being liquidated?
Describes your security system for member?because today hacker hack many popoular exchanger…now it is a great impact for member..
1) What are the advantages of APY robostrategies over Yearn Robo strategies and that is the current leader in Vault based passive interest earning. 2) Are the robo-strategies decided on existing high market cap coins or Degen-Defi coins as well.
3) Long term once Defi based yield farming becomes obsolete what’s the usage and value of the APY platform?