We are pleased to announce our next AMA on November 5th 2020 at 03:00 PM UTC Time: Satoshi Club x Mercurity
⚠️Click to see the hour
⚠️Total Reward pool: $1500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Mercurity Telegram group
We will have the following structure:
Part 1: 250$ /12 users – We’ll select 12 questions from the community. A user can post maximum 3 questions. 12 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 250$/15 users – Open chat for 80 seconds. You can post Max 5 questions. Mercurity Team will select 15 questions and answer them.
Part 3: 1000$ – A quiz about Mercurity
For more details:
Mercurity – @Mercurity
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Which path is Mercurity following to develop and innovate the DeFi space more than has already been done so far? Therefore, which direction and efforts are you undertaking to keep driving mass adoption?
The vision to create a united DeFi universe, trying to bring together all its players (DeXes, CeXes and also DeFi), is definitely a hard and ambitious one and you have my uttermost respect. But to do that you obviously need a great strategy and probably – on top of that – great partners. Which alliances are you aiming for? Have already initiated any talks in that direction, yet?
How are you incentivizing users like me to contribute to your ecosystem? Will there be airdrops, referrals, ambassadors or bug bounty programs to reward active community members?
Just like liquidity providers,You claim to ensure that traders receive MER token rewards based on their trading activity.Can you give us some glimpse or breakdown of how we can earn as a trader?
As an average trader,what will be my fate and gains,if I use MERCURY FINANCE DEFI platform?
You claim to empower liquidity pools with growth incentives and decision options. What are these incentives and options? List and explain
You said Mercurity.finance is an open DeFi platform powered by swap.And in your website,swap isn’t launch yet. Guessing this SWAP is a dex exchange, what if your exchange wasn’t successful in terms of trading volume and traffic,What will happen to MERCURY FINANCE?
If TVL for a liquidity pool is $200mm, and $150mm in pair tokens have been staked to lend, then fund utilization = 75% (= $150mm / $200mm)
Please can you explain the above illustration as found in your website in Layman’s understanding and how it defines the usefulness of MERCURY FINANCE
You said that you have an INSURANCE VAULT that covers losses incurred by IMPERMANENT LOSS. Please can you explain how this insurance vaults works?
On your medium post, you say that Mercurity encourages all users to independently create and manage their own pool as opposed to providing liquidity to one pool. Wouldn’t this cause a huge movement in price/slippage if the provided liquidity in a pool is low? Why do you think this is a good idea?
You mention in your Medium post that traders can also mine as they trade, what would traders be mining and how would the system work?
You also offer liquidity pool certification, a service which aims to distinguish between legitimate and fraudulent pools. How would you verify that a pool is legitimate? Would you be auditing the smart contract of such tokens?
I read a Mercurity medium article and it discussed several tokens. Can you tell us how many tokens will run in the Mercurity.Finance Ecosystem and what is their role in the platform?
Do you have any Coin Mercurity / BuyBack systems or any $Token Mercurity plans to increase the value of Token & attract Investors to invest?
What role will #Mercurity play in making blockchain very adaptable globally?
How do you evaluate the support from community ? What is your stragety to marketing and for Mass Adoption ? What message do you want to send to community through AMA today ?
Is there a vision and mission of you to expand to introduce Mercurity token to the world?
What is total supply of Mercurity? Where we can buy it? Are your plans to focus on market or to grow community?
Liquidity is very important for low slippage and low spread in crypto asset trading. How does Mercurity acts as the most advanced liquidity aggregator in market?
– It is interesting that the project on its Twitter account has less than 20 tweets. How do you keep informed users of the progress in the development of Mercurity? Do you plan to take advantage of all the social networks to promote this project?
– To use Mercurity, will the change to synthetic tokens be mandatory? Or can this Dex be used without the need for swaps? That is, with the original tokens
What is your strategy for building a strong community?
Do you agree that the power of the community will lead your project to develop globally?
What services do you provide to the community?
Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and investors to Mercurity and keep them long term?
As a cryptocurrency Trader, Whats the benefits of Mercurity to me or any traders and how we can generate passive income from Mercurity?
All the protocols that should be the basis of Mercurity.finance are currently not available (coming soon). Does this mean that your platform can’t be really used at the moment and when can we expect for it to be running?
many projects promise about long term benefits but in fact they are not. Can you please explain Mercurity.finance is able to provide long term benefits ?
Smart contracts are vulnerable to bugs, and even recently three big new DeFi projects were victims of this, costing users funds. How efficient and secured is your smart contract, and did you ever audit it via any external party?
What does Mercurity Finance offer that makes it superior and interesting in order to become the best against the competition?
MER will be Mercurity’s governance token which will be used to govern the entire protocol (swap, lend, synthetics, & insurance). What will MEE be used for and how soon will MEE be available?
Traders on DEXs bear higher gas fees and potentially larger price slippages than on CEXs. Platforms like Uniswap do not compensate traders. What will Mercurity Swap do about this?
On Uniswap, transaction fees are generated only when liquidity pool funds are traded. What opportunities will Mercurity Finance provide to utilize funds via LP Pair Tokens?
You classified liquidity pool contributors as either a GP (General Partner) or an LP (Liquidity Provider)… Can you explain briefly about who makes up this two liuidity Pool groups and how they can partake in your autonomous governance for liquidity pools
One of the Aims of Mecurity is Empowering Liquidity Pools With Autonomous Governance.. can you explain How autonomous governance for Liquidity pools will work as this is new within the DEX Space
Two yet to be launched protocols among Mecurity’s protocols are the
“Mercurity Insurance Protocol” And “Mercurity Synthetic Assets Protocol” can you explain this two protocols, what will be the work of the insurance protocol, and for the synthetic assets protocol how will it work and what do you mean by synthetic assets here..
The Mercurity Swap smart contract is the only manager of the MEE token?
Does Mercurity Swap share the same API with Balancer?
When the Balancer LP token staking farming ends, where will the LP tokens migrate to?
If I own the LP token at stake in Mercurity Swap, can I farm the MEE token?
To ensure the long-term viability and sustainability of the Mercury project, the community reserves 10% of the MEE to finance development and future updates, now, I understand that this fund will be used for front-end development, the one that benefits this to me that I am his client?
$ MEE is the Mercurity Swap platform token, why did they focus on a token with no brackish governance rights on transaction fees?
What is the difference between liquidity mining and commercial mining?
How is the Mercury SWAP infrastructure built to build a large ecosystem?
The role of a general partner (GP) is very important in the ecosystem of the project, but I couldn’t find any information as to becoming one. Who can become a general partner and what’s the procedure for this?
How will Mercurity Swap play a role in distinguishing users from fake tokens from legitimate ones?
Can you explain the strategy Mercurity will follow regarding the problem of low LP usage rates?
What is Mercurity’s Non-Permanent Damage Insurance? What are the benefits of this program for users?
What benefits does the Mercurity Insurance feature provide to your token owner?
How does Mercurity Finances work? Is this Finance system working with Lp tokens or a direct normal coin investment?
Does Mercurity have enough insurance funds to protect your funds in the event of an attack or any theft on your Smart contracts?
Liquidity is one of the main problems of DeFi projects, what functions will Mercurity Finance have in terms of liquidity that other projects do not have?
What is the contribution of Mercurity Synthetic Assets Protocol to Defi?
Mercurity has its own local tokens called MEE and MER. What is the role of MEE and MER tokens in Mercurity Financing?
Lately you announced that you passed the Security Audit service and it was done by Beosin. I was surprised to see that it is decorated as Medium article and has nothing to do with those audit reports that I have seen before. Are you planning to get something more reliable to prove the security of your smart contracts?
What is the funding utilization rate used by your platform? How does Mercurity solve the problem of low LP funding utilization?
Few platforms adapt the mechanism of reusing LP tokens. How does Mercurity make this feasible? What are the benefits of reusing these tokens within your ecosystem?
You say we can trade diverse assets with anyone, anytime, anywhere. Does it means you will work with diversity
of tokens?
How does the Yield farming works and how are you dealing with one of the biggest trouble on DeFi world… liquidity?
I understand your swap option will be launched tomorrow. What novelties does it have and how can this influence yields for Mercurity?
In my country no one know this type of amazing project
How you share the the project around the world?
What is your approach to “Impermanent Loss”. What kind of solutions do you provide against this annoying problem?
For the way users can earn a compound incentive in Mercurity, will it be enough to increase the DEX in performance?
Is there any limit by which I can no longer generate profits with LP tokens in Mercurity? If not, what disadvantages can LP Tokens have for Mercurity?
What influence can Ethereum 2.0 have on Mercurity? An impact with benefits or on the contrary, with disadvantages?
The first service of Mercurity seems to be Swap. Is this a classical swapping service? What are the differences between “Mercurity Swap” and others, eg. “Uniswap”?
What are the advantages that Mercury Swap provides over others? Which problems of existing swaps will it solve?
You mentioned an expression: “Fund Utilization Rate”. What does this term mean? Do you provide a better rate and how does it help users?
I read your website and I did not find information about the burning of tokens, could you give us details of the burning of MER tokens? or will that% be determined by the community after the launch of the platform?
I have read on your Mercurity Finance Medium page and they say that with this protocol you can “create and operate your own liquidity fund” and in turn be able to negotiate and exchange my assets whenever you want, right? But can you really achieve all these benefits and not have any problems? Will you launch a beta version to check its effectiveness?
Many DeFi protocols do not take into account the reuse of “LP” tokens, why does Mercurity Finance really give it a great value of importance? play a large role in the effectiveness of the protocol? or does it only generate higher rewards to users?
What do you really mean when you say that DEX exchanges have low capital utilization, non-permanent risk of loss? And how does Mercurity Finance solve these problems so easily?
Mercurity Finance plans to revolutionize the #DeFi industry. Tell us in more detail what exactly you want to do in this direction. Thanks!
Did I understand correctly that General Partners will be able to change commissions? And the Liquidity Providers cannot influence their decision and have to accept? What does this have to do with decentralization? And do the Liquidity Providers have any rights other than the right to invest?
To touch on the subject of security, has Mercurity Finance got everything under control and has it been audited?
What products or protocols will Mercurity Finance provide?
How does Mercurity Finance look in the long term? What is the position you wish to have in the blockchain market in a few years time?
In your FAQ publication you left one unanswered “What problems does the Mercurity Finance platform solve?” So, can you answer it here for us?
Low fund utilization rate is one of the biggest problems at Uniswap and affects our return on investment considerably, so how does Mercurity address this? Any solutions?
What is Synthetics feature that available in your platform? What are the requirements to join in this feature?
Just in the previous AMA we discussed a new Swap Project, so it is obvious that Mercurity’s competitors are quite a few. Can you tell us how Mercurity Swap differs from the others?
Mercurity will have three utility tokens? What is the point of separating functions? Perhaps a common token for all players would be of great value? Does it make sense for me as a trader to take care of the price of the management token? And also Liquidity Providers will not care about the pair token.It can disunite the community
Could you please tell me about the’Impermanent Loss Insurance’ that offered by your project? is this kind of insurance for your investor?
How can I reuse my LP token? Will this be somehow recorded in the personal account of the token holder to prevent fraud?
Would you like to tell me about
interest rates, requirement, term and condition that i must do in Mercurity Lending Platform?
How mercurate finance are going to solve the problem that has recently facing by the retail traders and low liquidity,how you compete with this?
Honestly ,it’s my first time to hear about Trade mining in a platform, I heard trade and mining but not trade mining. So can you discuss more about Trade mining feature in Mercurity Finance? What is the structure of Trade mining? What advancement this feature have to generate more profit?
I’m glad Mercurity acknowledge the importance of Traders and them bearing higher gas fees and potentially larger price slippages using DEXes than on CEXs. Other than rewarding traders with MER token, do you have any plans or other adjustments of fees to help ease the burden of the traders on your Platform?
What is the biggest difference between Mercurity Swap and Uniswap in terms of ‘ETF’? Can you pls explain…?
What does it mean that the fund utilization rate of Defi projects is far lower than that of banks?
What is Mercurity asset double use and triple incentive that allows Liquidity providers to reuse their LP Token previously used in providing Liquidity?
Have you ever provided liquidity to a liquidity pool just to realise that some of your coins have gone missing?
How will the Mercurity on-chain smart order routing connect various Liquidity pools and what benefits can be achieved through this procedure?
I want to learn more about Mercurity Ecosystem ; but the information is very small;the community is relatively empty and less; what strategy does Mercurity team have to develop the community and maintain long-term user?
How does Reuse LP tokens will be used across different protocols to maximize yield? What are the strategic ways to earn a higher yield?
How much does the Mercurity Swap Trade Mining rewards Traders on your Swap and why do you consider Traders as important as Liquidity providers to your community?
In your FAQ page, there’s no answer to this question “3. What problems does the Mercurity Finance platform solve?” So what does mercurity wants to solve ?
https://medium.com/mercurityfinance/mercurity-finance-faq-29f34b6e22fa”
How does Mercurity reuse LP tokens across different protocols to maximize yield ? Does it requires the participation of other AMM Swap platform?
The offering of the Impermanent loss insurance is a very nice approach to solve current LP providers woes. how did you you come up with the idea ? and if there is an impermanent loss when liquidity is removed, why does Mercurity only pays 70% of the loss ?
there’s no info about your team or the project timeline, can you eloborate on that ? There’s also a defi score button on your webpage but it’s in chinese, can you explain more on that ?
DOES THE COMPANY GIVE BACK TO THE COMMUNITY? IN WHAT WAYS?
WHAT WAS THE LAST BIG ACHIEVEMENT THAT WAS CELEBRATED?
How has the company changed since it started to meet the demands of a changing market?
When does Mercurity plan to launch all your products (Exchange, Lending, Insurance and Synthetics)?
Mercurity’s on-chain smart ordering engine (SOR) automatically links liquidity pools and selects the best prices for relevant users. How often does SOR generate the best price choice on the market?
When you have many products such as Mercurity Finance, Lending, insurance and synthetics …. Why your first focus is Mercurity swap? When do you intend to focus on other products?
Who is involved in the certification of pools? Where do you get the information about whether the token is a scam or not? It’s good when you know that money is safe, but for this you need to trust the sources of information
What is the role of the liquidity pool used to generate returns in determining the fund utilization rate and how is the percentage of the pool’s contributions measured?
What are the advantages of using funds through LP Pair tokens and is it possible to earn interest income with the liquidity provided to LPs?
How is it ensured that LP tokens can be reused for the second time to generate insurance income through the insurance protocol and how is this reflected in the liquidity advantage?
What were the difficulties faced during the execution of #mercurity and how did you face those difficulties?To whom do you credit the Achievement you have achieved so far and where did this idea come from and Many users like me are very excited to know these things.
❤Will you make this project related to doubts session like live session, youtube video for user….s and solution team conduct so that people can understand it easily about Security system ,Themes ,Algorithm etc
You say that you project’s big DEX innovation is Pair Token. Could you tell us more exactly what will this token do and how is it innovative?
Currently, most investors are only interested in the profits they make and forget about the long-term benefits. So can you give your own opinion about why they should buy and hold these tokens / coins for a long time?
What is the total supply of MER, Pair, and LP tokens. Will all these tokens gonna be listed or already listed on Exchanges?
Most DEXs only reward liquidity providers, and Mercurity rewards traders too. Please tell me more about incentives for traders? Does trading volume affect rewards?
I read that your Swap protocol will allow up to 8 tokens to be included in liquidity pools. How will this work with more tokens? What are the tools for managing individual pools?
What is Insurance protocol Mercurity and how can it help a liquidity provider avoid losses?
Mercurity.Finance has multiple protocols. How will they be governed and interact with each other?
What are the differences between your tokens MEE and MER? How they differentiate regarding their usecases and why Mercurity Finance needs two tokens in its ecosystem?
Are there any solutions from Mercurity Finance that are already rolling on the market? By looking at your website all products seem to bee in state “coming soon”.
Lending will be available through your platform later on but can you please tell us something about its interest rates, requirements for collaterisation etc?
If Uniswap will endow its liquidity pools with autonomy, set fee rates. Will Mercurity’s services be in demand?
Currently in the market, it seems that investors only pay attention to the profits they get and forget the long-term benefits. So can you give your own opinion, advice why should they buy and hold these tokens / coins?
There is many plan I saw on the website kinda looks like roadmap for the project , how Mercurity network will focusing and complete all target on time!?
I saw information on your website that you are planning to introduce insurance in the near future? What will the insurance plan be? Will it be just for your users or maybe you are planning this as a standalone event?
Does Mercurity Finance support any mining or staking model that new user can participate?
How does Mercurity Finance team sees Defi potential now for long-term run?
And what is the feature That Mercurity Finance. Project will provide for the DeFi space in long run?
I want to purchase an LP token. What is the minimum amount I have to purchase to take full advantage of your platform? Is it possible to get a token for free or on credit?
What are the synthetics within your ecosystem? Can you please give us some details regarding this, and how Mercurity Finance utilizes them?
When are you planning to release the Mercurity Swap and what kind of benefits will there be for the users to use the Swap?
What details can you share with us about the governance on Mercurity Finance? Can the users of the platform and the token holders decide on things regarding the project?
The two biggest risks in AMM are Impermanent loss and Slippage. So why is the slippage happen ? Is there a way to prevent it? And how can we calculate impermanent losses in an Swap ?
How can you make sure that within the Mercurity Swap there will be enough slippage so such that the slippages will not grow to unacceptable levels?
You are re-using the Liquidity Pool tokens in order to maximize the yields provided on the platform. What kind of significance does this solution have in the yields?
Can the users of Mercurity Finance create their own liquidity pools through the platform and provide liquidity in those? How do you decide the tokens being accepted for liquidity providing?
Can you give information about MEE and MER
There are many type of project and the most project are scam……
How to prove you’re project is BEST?
The covid-19 effected all around the world…… In this time how to improve you’re project in world wide?
What are the main role of you’re project ? Can you explain in Details about Project’s Work and Mission with work of Token in Entire ecosystem?