We are pleased to announce our next AMA on November 7th 2020 at 02:00 PM UTC Time: Satoshi Club x YFACT
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join YFACT Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 100 seconds. You can post Max 5 questions. YFACT Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about YFACT
For more details:
YFACT – @yfactfinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
fact has an AMA with satoshi before, please update us on the progress of FACT since then. Why do we need another YFACT token ? What will be the biggest feature of the YFACT platform.
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?
I am Aware that YFACT is also a product of FACT’s Team , is YFACT a completely independent product from FACT how does YFACT and FACT compliment each other
YFACT is aiming to collaborate with other successful projects and will have a maximum of 10 pools starting with YFACT/ ETH and FLP and the remaining 8 pools will be only for Defi partnerships… Why is your maximum pool set to 10 will you be expanding this in the future, and for the remaing 8 pools how will you select the Defi projects for which the pools will be created for
I can’t find The tokenomics of YFACT can you share with us important details about YFACTs’ circulating and Total supply, how it will be distributed, the ways YFACT can be generated and at what rate it will be rewarded to users
Why do I have to type everytime to be able to read the information I want on YFACT website? Can you do something about it and fix the command to just click and not type. Not everyone have patience.
I checked YFACT website and website is not designed, it has some codes and we can access website features using codes we get on website.
Please explain about this, what make you choose website that will be used typing codes?
Your telegram group, channel and other social medias have very low followers and members.
Do you plan to extend your social media profiles and groups so more investors see YFACT project?
From website,
YFACT has only partnership with Dextools and no other parnerships.
What criteria YFACT has when choosing partnerships with other projects and tokens?
Do you plan to make new partnerships soon which will improve YFACT?
With all the farming platforms that are currently operating and already giving good returns on investors, why do investors/farmers have to risk their money on YFACT? Do you promise higher profits than they are enjoying right now. What makes you the best option for farmers?
So the launching of YFACT will be the completion of FACT DeFi Ecosystem. I saw the chart on your medium post that says “No Pre-sale and No Private sale will be held on YFACT” DEX. Can you tell us the reason why you are not allowing tokensale activities on your DEX?
Project CEOs / partners who fail to achieve the desired goal leave the project and the investor suffers. What strategy do you have in this situation? In such a situation, will you leave your project or will you fight to the end?
Few days ago YFACT parterned with DEXTOOLS.what is the effect that make in the project? Can you please tell more about the partnership?
YFACT is created by FACT team.what is the impact Defi liquidity ecosystem mining makes in the project? What are the new features available in YFACT yield farming?
Which is the best unique feature available in the YFACT defi project? What impact YFACT makes in the crypto defi world?
Can your project quickly keep up with the renewed ecosystem? For example: 2020 trends Defi and yield farming … What if there is a new trend in 2021, do you have mechanisms to keep up with this new trend?
Does your project have sufficient insurance funds for extraordinary situations? For example, if you are faced with an extraordinary situation like 2020 covid?
What is your business model? Can you list 3 features from your competitive advantages over other projects?
Do you have any plans to establish a partnership? If yes, what do you pay attention to when establishing a partnership? What are your priorities?
What are the priority countries among the countries your project focuses on? And since the language of each country is different, can you provide language support for each country separately?
Are there features in your project that are not in any project that will surprise users / investors and encourage them to invest in your project?
You have become a DEXTools partner. What are your plans for developing cooperation? Will you limit yourself to creating a pool for farming or will you develop joint tools for analysis and profit making in the DeFi sector?
To farm you need to lock your liquidity pool tokens for 1 year. While this is a good thing for the YFACT price & long-term holders who already believe in the project, don’t you think it can also scare away more reluctant investors, who will probably want to evaluate the opportunity costs of such an operation, as well as develop a sense of confidence in the project before deciding to lock their funds?
If I transfer more than 4ETH during presale I’ll be fully refunded, but also I will miss YFACT presale distribution chance. Why did you decide to cap the max presale limit per user to 4ETH/1YFACT ?
How do you plan to advertise YFACT’s progress? What kind of marketing strategies are you focusing in and will there be referral/ambassadors/bounty programs which will engage the community more actively?
YFact website cannot be open yet so can you please explain the structure and full feature of your platform? Thank you!
What benefits will the partnership between YFACT and DEXtools bring to users of both platforms? How will YFACT take advantage of the tools DEXTools can provide to enhance the platform?
If I have the $YFACT token, what are the advantages in terms of platform governance?Some DeFI projects only allow voting at the time of decision making, does $YFACT give me additional benefits to this?
YFACT was initially a platform dedicated to yield farming. Currently, what protocols have you added to become a comprehensive DeFi project? What are the features of your yield farming that make it truly effective?
What are the advantages if I buy at presale compared to buying at Uniswap?
Can you give me an overview of Yfact Finance’s dex?
Where does YFAT make a profit if the loan interest is 0%? How do I borrow it and what if the borrower doesn’t return it?
On your roadmap, you announce DEXTools Farming Pool (DEXT / ETH), how does this relate to you?
When will you launch your first farming pool, tell us about the amount of rewards and are there any restrictions on joining the pool and withdrawing rewards?
What is the total delivery of YFACT? I see that 1YFACT is worth approximately $ 1,700 on the pre-sale. How many rounds of presale and how many total do you want to sell? What will the proceeds go to?
Regarding the announcement of the YFACT x DEXTools partnership. What new possibilities does this partnership offer to both projects?
What is the reason of launching YFACT in which we already know that there is already FACT existing? Can you explain the relationship of YFACT to FACT? Thank you
Can you explain the path you are following in your platform? What do you aim to achieve before the end of this year? Thank you
You are launching the Farming Pool on 21st of November with x1.6 reward. Is this a promotion for early adopters and for a limited time, or will it be available for anyone for a long time?
Since YFact is DeFi, users will need to connect their wallets. Which wallets will be compatible with your system primarily? Are you planning to create your own YFact Wallet?
Will there be any interactions between Fact and YFact projects to perform some functions or are they totally separate?
Could you please introduce Yfact team to us? How big was your team? I can’t see any profile info in your website
Actually your website was kinda Unique, what’s the reason that your team make Yfact website like this? (For my opinion its a little bit difficult to use since its only word)
Most people learned about the name #yfact Project relatively recently. What are the biggest obstacles to adaptation of this solution (product)?
After checking your roadmap, its only available until end of November 2020. What was YFact plan development for December 2020 and for 2021? Could you please share us a little?
Why are you keeping website through commands? Is there any special reason for this? Or is it in developing stage? Because I think it will be attractive when using a graphical user interface other than this command platform
According to your website YFACT is the defi product of FACT, Why are you issuing another token for that? You can go with FACT as the defi features also can be included to FACT? Is there any special reason to issue a new token?
Do you have any relationship with DEXtools project? Because you are planning a farming pool for DEXTools, could you please explain this?
I did read that no Pre-sale and no Private-sale will be held on YFACT, why not?
What is the relationship between YFACT and FACT? How are they related? What are the differences between both of them?
What are the benefits to both parties in the cooperative relationship between YFACT and DEXTools?
What is the main reason why the team has decided to build up project “YFACT”,is it out of passion for crypto or for monetary gains?
What is the prominent use case of YFACT token?
FACT allows users to borrow from the liquidity pool by paying a one time processing fee. When is it paid, how is its value calculated? How is it low enough to be attractive to borrowers, and can also mean good profit to pool participants?
can you explain how RSA & ECC asymmetric encryption algorithms work and what are the advantages of these algorithms?
FACT Eliminates Fluctuating Interest Rates Between Different Ecosystems To Avoid Currency Inflation Whilst Giving Maximum Revenue To The Token Holders Can you explain how you intend to achieve this
YFACT Is A 100% Secured System With An Extensive Bounty Program And Series Of Smart Contracts can you tell us some of this bounty programs and how some of this smart contracts work and function
FACT Finance loans are 0%, so how do you give the lenders their return on investment? Which system does FACT use to benefit both parties?
Why don’t you lauch your website before nw? How are you doing to launch this website. Cuz a platform without website can’t grow?
What other functions does YFACT Finance have? Is it only based on money lending? Do you plan to implement any type of farming or something innovative for the DeFi ecosystem?
What are you progress in finding new integrators who can support in on-boarding new customers in the future? The demand could grow quickly once you can show some real business value and of course you will have to be ready to meet the demand of $YFACT?
How do you plan to use DEXTools to connect to the vast DeFi trader community to bring more users to the YFACT project?
YFACT is a governance Defi project,
the concept of #YFACT project looks like very good. Defi is a hot trend at the moment and
many new projects made a good impression at first but were suddenly abandoned. How will you manage the project and token to gain a place in the market and become a best token in the #Defi world?
You have announced a partnership with DEXTools. Will you help each other in attracting new users and partners? Will you have joint airdrops and bounties for your users?
Can you briefly describe about
revolutionary defi factor $YFACT?
Low liquidity is one of the main problems with the projects, what are you going to do about it? Do you have a liquidity provider program?
YFACT has entered into a new partnership with DEXTools. What do you expect from this partnership? When are you planning to launch the yield farming pool DEXTools?
What exactly is the role of $FACT in your ecosystem? and what are the benefits of $FACT holders?
Am I correct in the interest rate on FACT loans is 0%? How do you monetize your platform? Do you have a separate FACT pool to reward liquidity providers?
You say that it is always possible to profit from loans. How does it work if the FACT value has increased and in the situation when the FACT value has decreased?
I am interested in passive ways of earning money, how can I make money in the FACT credit pool? Can I earn without blocking my assets?
Lots of Defi projects that promise long term projects but after the presale is over they just walk away. How do you convince investors that YFACT is a long-term project?
What oracle services are you planning to use to determine FACT value?
Tell us in detail how the loan repayment and Liquidation work? What happens when the FACT value exceeds the DAI you deposited?
Let’s talk about FACTNOMICS. Can you describe in detail what the general FACT proposal is? How many tokens are allocated for staking and rewards? Why did you need to burn 90% of tokens?
“Total $YFACT Presale allocation is = 100 $YFACT.” If not all $YFACT tokens are sold out during presale, what will you do with the remaining $YFACT tokens that are not sold out?
I found that your yfact.finance website is now hard to use !when this will be rectified?
I want to ask one common question.Defi projects like Yearnfinance still floating ,how Yfact.Finance going to achieve?have any hope for investors?
What is your priority in Next #6 months in developing YFACT.Finance ?
Why are there two tokens FACT and YFACT in the YFACT ecosystem? Will they restrain each other’s price growth?
So there are 100 yfact via presale with ethereum. Rest is farmed via fact pool flp tokens only. This is not very clear on the website.
Should clearly state ” only 100 yfact will be sold in presale. The rest of the yfact is farmed by staking fact in the bonus pool on fact.finance. You will then receive flp tokens you use to farm yfact”???
What exact problems will this project solve?
Please tell us about tokenomics, what is the value of your token, how can I collect and use it? Do you somehow fight information?
What are the incentives for long-term liquidity providers in FLP? What two streams of dhodo did you talk about earlier?
what are your plans to drive adoptation and use of the Yfact.Finance network?.
“ Pay it off with 0% rate”, Quite a catchy phrase, but then again, how does Factdefi get to earn if it’ll be zero interest? What or how exactly does this process happen?
Simply,what is need for one more defi project now and for what one can buy yfact.finance ?
As like other defi project Yfact.finance also on ERC20.So we can expect any other chains or mainnet may be in future?
There’s a lot a project that promised a lot of solutions but eventually decreased in time. Investors lost time and money, how are you planning to be establish and long last?
We can expect any new futures besides governance like Constellation and Hypergraph? which is trending now!
I’ve benn researching your web, but did not found the initial supply of YFACT, can you tell us about your tokenomics?
How can we buy $YFACT? And what will we do with them? What are the best choices to exploit them at maximum?
After the poor decision making with the MakerDAO CDP (Collateral Debt Position) – does yfact.finance have a financial plan for the next bull run (i know this is premature but better to have a plan than not) – liquidating their ETH reserves for USD/stablecoin to support the future of the project – if so, what price points are we looking at – I can see ETH reaching $500-1000
You just launched new YFACT website. But oops and your users need to type there to get info instead of simple click on the buttons. The idea is original, but as i see your users voted in tg to change this (66% change wb/ 34% don’t change wb currently). Were you upset seen their reaction? Will your website be modificated to give the rest for your users fingers?
YFACT is the governance token for FACT, but why FACT needs different project for it’s governance? How governance system will work?
You offer 100 YFACT for Pre-Sale. Just 1% of total 10k. Why you are so greedy? Or this is such a marketing move? Tell us more about the maximum / minimum required to participate in the Pre-Sale? How can crypto lovers participate in it to get that sweet piece of YFACT pie?
You said that you can’t distribute sold on pre-sale tokens before the uniswap listing if someone receive it they can initiate liquidity on too low or too high price. Which price you think will be fair for YFACT?
Your site is quite anonymous as your team, why should i bring money to you? What about safety and guarantees?
You will have only 8 pools for DeFi partnerships. Do you think that the economy should be economical? Why not 12, 13 etc? Is there any mathematical or economic justification for this figure? Are there any projects that have already booked their partnerships with you and their names will be inscribed in gold letters in the history of YFACT pools?
YFACT has evolved from a Yield Farming platform to a complete DeFi protocol, my question, what do you plan to do then to reach people who do not belong to the cryptographic world and do they somehow want to introduce themselves to the investment of your project?
Because YFACT released its own DEX, what is the problem that Uniswap says it solves?
fact has an AMA with satoshi before, please update us on the progress of FACT since then. Why do we need another YFACT token ? What will be the biggest feature of the YFACT platform.