We are pleased to announce our next AMA on November 25th 2020 at 05:00 AM UTC Time: Satoshi Club x Unifi Protocol
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Unifi Protocol Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Unifi Protocol Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Unifi Protocol
For more details:
Unifi Protocol – @unifiprotocol
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Are they currently looking for ambassadors? If yes, what are the requirements and how are we able to join?
Unifi Protocol is a group of non-custodial smart contracts, what are the advantages of having a platform that uses non-custodial smart contracts and how does your protocol adapt to DeFi innovations?
I have read about some proposals offered by the platforms to establish an innovative community governance model, what kind of governance model does Unifi use and how does the community promote this governance?
I am interested in the liquidity mining models that Unifi Protocol uses, how many tokens does Unifi use to carry out cross-chain governance and how sustainable is your liquidity mining model?
What requirements must users make to support the Unifi Protocol through the combination of value-added rewards and how does this reward system work within the Unifi ecosystem?
Platforms such as Unifi generally establish a liquidity withdrawal limit, what is the limit for the amount of liquidity withdrawal and for the construction of products or services in Unifi?
I would like to know the potential of Unifi in terms of cross chain, How does Unifi create and connect the DeFi market? Who is in charge of enabling low-cost cross-chain trade?
One of the main things I read about Unifi is their farming, what are the limitations generated in Unifi by providing native blockchain token rewards and how do they reduce these limitations?
Are there rewards for participating in governance decisions and proposals? What actions should users take to maximize their reward income with respect to the Unifi participation system?
How long has your team been involved in the market to obtain a sufficient level of experience and how did this contribute to the creation of UNFI and UP?
One of the interesting products from Unifi is about Nitrous Layer. Can we hear more about this product, and how has it progressed so far? when is this product expected to be implemented?
UniFi is a well-built project. But many investors are impatient and only care about the UP price in short. Then they started making fud on social media. How do you think about this?
UP’s yield farming and ever increasing redeem value make it an ideal reward for liquidity providers. Every trade increases the value of UP – it is called UP for a reason!
But what if there are no trades in some period, will price change? Is it possible that price decrease even there are trades and is price of UP only based on trades?
UP’s yield farming and ever increasing redeem value make it an ideal reward for liquidity providers. Every trade increases the value of UP – it is called UP for a reason!
But what happens if there is no trading at that period, does price changes? Is it possible that there are trades, but price of UP falls and is price only based on trades?
Ignore this question, I sent same question 2 times, I had Internet problems
Unifi has partnered with Binance Smart Chain. Can I stake coins on the Binance Smart Chain, which ones and what is the minimum to get a UNFI token?
“UP tokens can be used to access the Global Unifi Token (UNFI) control token.”
What is the UP token, how do you get it, and how does it benefit liquidity providers and the Unifi community?
uTrade is a front-end trading platform built utilizing the Unifi Protocol. Any project can build a product or service which utilizes these smart contracts. UP token holders would still benefit from fees generated by those projects.
How can projects apply to build service with smart contracts from uTrade, who can project developers contact to get help in creating smart contracts?
For UP holding, do we need just to buy UP tokens and hold them in wallet to recieve returns from fees generated by those projects created with uTrade?
When I examine Medium, you have an explanation like
Liquidity providers share a portion of the revenue generated by the entire Unifi Protocol, and are not limited to a share of fees earned solely from a specific trading pair. ”How will users earn income out of this and how will the rate of this income be determined?
Your platform will also share the fees as long as the liquid providers withdraw their liquid from the pool and keep the tokens. Is this not unfair and will it be shared at the same rate after the liquid is withdrawn? If so, shouldn’t these ratios be different from each other?
You say that transaction fees in SEED will be refunded. What is the rate of this and will this rate remain constant? If so, what will it change according to?
In your system it is said that UNFI token holders may earn rewards from their chosen “Community Council Representative”. Can you tell some about this representative system? Who is a representative, how are they assigned to investors, how an investor earns from a representative?
From your website, I discovered that Unifi Protocol use 2 token in it’s ecosystem $UP token and $UNIFI token. Can you tell us the striking difference or similarities between these tokens? And what is the uses case of these tokens?
Unifi Protocol DAO has recently been introduced on Binance Launchpool. What are the details of this study? How can users benefit from this launchpool, what are the earning options? And is that permanent or will last for a limited time?
Unifi provides interoperability with its cross-chain technology. For how many and which main blockchains do you have support currently? Will you add new blockchains?
Unifi ecosystem has “Liquidity Providers and Ecosystem Development (LPED) Fund”. What does this fund aim? How will it be subsidized? When and where will it be used?
I noticed that UNiFI staking comprises GOLD, PLATINUM and DIAMOND Staking? What is the difference between them? How many UNIFIs do I need for staking?
From your website, I discovered that security & privacy of Users information are the main characteristics of your platform. Tell us in details about the measures you have put in place to ensure that technology & security developed by your team to build the platform is very secure?Thank you
There is an item in your roadmap for Q4: “Introduce UNFI Global Governance Model”. Is it already put in place? Why did you call it “Global”, how is it different from other known governance models?
As I remember when Flamingo or FLM was listed to Binance they were also having a mining or staking in Binance . So what is the different offer by Unfi by now to the miners? Why do you choose Binance Smart Chain and Pancakeswap? By this scenario, do you think it will help to pump the price of $UNFI while being listed to Binance?
A bridge called SEED has been incorporated into the Unifi Protocol. What is SEED Bridge? In which products of Unifi is this bridge used in order to achieve what features?
UNFI is the one DeFi Global Governance token that issues rewards through its unique Proof of Stake Global Governance Model. Can you elaborate more about the structure and mechanism of Proof of Stake Global Governance Model? What makes it unique?
I’m really confuse of the name of your token,why does the token named $UNFI but your project name is Unifi why not $UNIFI token? Can you make it clear for us? Where does $UNFI being derived? Thank you
What methods do you use to attract more users: drops, bounty, social networks? Maybe something else?
On how many blockchains have been launched Unifi Protocol until now and what other promising blockchains do you have your eye on? What has been the most successful blockchain to work on and what challenges have you faced?
With Unifi Protocol being a bridge between different blockchains, how can the traders benefit of this feature regarding trading and transfer fees? Are fees reduced by using UNIFI?
A few days ago you partnered with Binance Smart Chain for your Staking Event. You sound great! Can you please detail all the requirements or steps we need to participate in it? How much will the rewards be? How long will it be active? Thank you!
What is SEED Bridge and how does it relate to Unifi Protocol? What is the function within each of your products?
What is the difference (or relationship) between the $UP and $UNIF token? As a new user to Unifi Protocol, which one should I focus on? Which one should I pay more attention to?
Unifi Protocol launched two different tokens as its governance token : $UNFI for the Ethereum chain and $UP for the chains that its deployed,
Why does Unifi require two governance tokens for its platform?
What benefit does Unifi get by launching these two tokens on the different network?
What are the outstanding features of uTrade’s Unifi Protocol compared to other trading platforms on the market? Can you tell us the most important benefits?
Can you explain How many type of tokens that Unifi protocol have? Can you explain the token clasification?
What is Unifi protocol expectation and next roadmap related from Unifi choosing launching on binance smart chain!?
What makes Unifi PoS platform different and special than other platform PoS systems?
Tell us about your Model of Global Governance, what are the minimum amounts needed to have the right to vote and from whom will the people of the first voting period be selected?
I read this sentence in your whitepaper “-,the multi-chain staking community committed to bringing their innovative technology solutions to all their represented blockchains”. What innovations have you made and launched?
One of the platforms provided by the Unifi Protocol is uLend which is a lending platform. What strategies do you use to attract lenders and make sure their money is returned and profitable?
Unifi protocol’s mission is to abolish censorship, but how, by providing access to “a censorship-free Internet,” do they control and prevent the distribution of illegal material?
Tell us about uTrade a decentralized Automated Market Maker (AMM) and token exchange built on the Unifi Protocol. What is uPair? What networks is uTrade currently available on?
What exclusive opportunities does Unifi offer for Unfi owners? In particular, I am interested in options for arbitrage traders
In the next year, will the UNIFI protocol be able to make stablecoins in a large amount of supply?
What’s interesting on Binance is it security or the number 1 market on coinmarketcap.
What is Unifi Protocol’s approach to Defi, farming?
why every AmA all projects do not tell, How much money is issued from their own money or investors’ money in entering the market or entering the exchange. can you tell me sir how much money you spend to be in the finance
Will you do token consuming and purchase backs to significantly diminish the symbolic flexibly and increment token worth?
Can you explain the structure of the Unifi Protocol, What is the main focal point of your platform? Who is your target market?
I am a investor and I only care about prospect of a crypto that I chose, tell me the reason why I should choose your project over the existing one ? What is your coin advantage that can convince me to change from my favorite token/coin ?
Could you expand our knowledge about Your Roadmap this year? Are there any Updates on your Research and development progress?
All industries are severely affected by the atrocious situation of the Covid-19 outbreak. Does the growth of the Solana network affect? What are the plans to turn challenges into opportunities for network development?
Does Unifi Protocol offer token burn or buy back ?
Can you give me your opinion on DeFi? In addition to what benefits would bring your project to DeFi? and what advantages would it bring for its users?
adoption is very important, how do you plan to make the adaptation of your ecosystem towards DeFi a success?
What are the future plans for Unifi Protocol Project ? Do you have any exciting things down the pipeline that you can share?
Q: Unifi Protocol is very focused on blockchain based products and services to disrupt many business models in many real-world industries. What everyday products does Unifi Protocol take into account to improve and facilitate the current status quo?
Unifi has an interesting feature with the Iris Analytics Suite which traders to Bollinger Bands, Average Directional Index (ADI), Average True Range (ATR), Exponential Moving Average Spread (EMAs),Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI).
All the above indicators are available in trading view , what’s the difference between IRIS and the other charting tools? Are there any plans for API trading so traders can use bots to trade?
Will ETH 2.0 launch December 1, 2020? So before that, do you intend to open an airdrop or pre-sale so that investors like us can feel the benefits of $ UNFI or $ UP? And can I test it on Ethereum 2.0? Hope you will answer my answer.
In your website says that UNIFI Protocol’s yield farming and ever increasing redeem value make it an ideal reward for liquidity providers. Could you explain how redeem value actually increase? Is UP token listed on Uniswap? Can I add liquidity there and trade?
This line caught my attention, ‘Every trade increases the value of UP – it is called UP for a reason’.
So this means the value of UP token is always growing up steadily in every buy and sell? How would the price actually grow? Can you provide a video or diagram of how the price grow in every trade transaction?
Unifi is partnering with Binance Smart Chain and PancakeSwap for a special dual rewards liquidity provider mining, how will mining and staking takes place? What is your basis on distributing the UNFI staking rewards?
We have seen that as soon as a project is listed in Binance, its price increases several times but later it decreases comparatively much. Since this is a defi project. How much Unifi Protocol’s price may change in the future? What kind of profit can be obtained by holding for many days?
We have recently seen that many projects have introduced sStaking systems. As a result, a huge amount of coins is being locked for many days. This coin is growing a lot due to the small supply in the market. Does Unifi Protocol even have a plan?
Many of you have partnerships. Is there any desire to partner with Etherium if it becomes free like before?
There’s a lot of DEFI projects out there. What will you do to make yours dominant from them?
Do you have plans to have colab with other projects? If yes, what project do you like to colab with?
Do you have a back up plan in case this project will fail?
I’ve read that Sesameseed was *truly* the seed (sorry for the pun) from which the first concepts of the UniFi protocol began to sprout, since it’s actually this trusted multichain community that’s been developing the UniFi protocol and envisioning it as an on chain asset and resource for developers.
Given this invaluable contribution, could you please tell us if there will be an inter-relationship between UNFI protocol users and SEED stakeholders? If so, what would that be and – since I also am a SEED hodler – what would be the benefits for SEED holders?
In one previous article, you’ve underlined the criticality of carefully designing/weighing the rewards to incentivize users, developers and potential partners alike to join, aid and boost the continuous development of the UNFI protocol, this way shaping the communities throughout the protocol’s blockchains.
To achieve this end, you’ve conceived and tied the economics & political components of the DAO to the staking/delegation mechanisms and involving the Council Representatives, chosen by the same blockchains communities. Could you please tell us more on how this “governmental” facet of the protocol works? And how are the Council representatives “elected” by their respective communities?
Can you explain in a simple way so that nontech people can easily understand how to use your platform and why is it better than any others that offers similar service?
Is there any meaning or philosophy about your project name? Or did you simply use it because it’s catchy?
Is KYC needed to use your platform? What for the people that cant submit documents for KYC?
To promote adoption and create a loyal user base, you have focused a lot of your efforts – among other aspects – on “overcharging” the $UNFI governance token with heaps of utility for its holders.
Not only hodlers will receive double-dip rewards (both by staking UNFI tokens and also by delegating the staked UNFI to earn extra rewards via their chosen representatives), but it’s made clear in several media and articles that UNFI (quote) “has many planned promotional events” for users to earn more UNFI”, designed to create even more use/hodl cases for its governance token. Could you tell us more on the very nature (as well as some details) about these promotional events you have in store to prize adopters?
How is Unifi incentivizing the use of DeFi accross different platforms in an active way? Which platforms are included and what is the role of Unifi in its use and spread?
Why is Unifi built on Ontology, Tron and Harmony? Isn’t it a little complicated to be supported in 3 different blockchains? What are the differences of the ‘part’ of Unifi that is on each blcokchain and how is the final product complementary and better due to this compartimentalization?
Security is a fundamental feature and valued by users. Would you mention Unifi Protocol security measures? How is it protected against hacking attempts, or any risk for investors or users?
Why is Unifi supporting TRON and Ontology? It called my attention thhat you didn’t choose ETH. Do you consider those ones the leader platforms in the development of DeFi?
How secure is the data that users input in Unifi Protocol? What personal information is required, and how is it stored?
UnifiProtocol has 4 classes of $UNFI tokens:
1. ELITE
2. UPGRADED
3. WAITING PERIOD
4. HOLDER
You have published a list where we can see what classes 3 a 4 can’t do. But, what are they able to do and what options are habilited to encourage this users to level up?
UnifiProtocol is a project very supported for important blockchains, exchanges (like Binance) and others. Are partnerships a concern for Unifiprotocol at this moment? Maybe will you lead your attention to a big one related to data privacy or security?
On an audit report of Slow Midst six security risk were found and unifi protocol has taken the AUdit suggestion into the consideration and fixed it too. But has it been checked again or not.In other words isn’t a next audit is needed for it and when ?
Unifi has an attractive Help center, visually and easy to use. Won’t you consider to add a live assistant for your users? Or is this help mediated by other media?
Why Unifi Protocol provide low API? For this reason many user don’t interest a project. Do you have any other interesting plan?
What does unifi protocol think about covid-19? Have they any specific plans for this side?
How long will the staking event continue or lifetime?
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