We are pleased to announce our next AMA on December 2nd 2020 at 04:00 PM UTC Time: Satoshi Club x Ethanol Token
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Ethanol Token Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Ethanol Token Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Ethanol Token
For more details:
Ethanol Token – @EthanolToken
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
How is smart credit looking compared to ethanol? Ethanol went 5x from presale and still 2x with dapp launching on November 24,what strategies enforced to do such a growth within short span of time?
Currently, the most recent highlight event is the launch of the ETH2.0 wallet. So Ethanol has known this news yet? Did you plan on partnering with ETH2.0 to stay ahead of other competitors? And if so, how long?
Currently, the most recent highlight event is the launch of the ETH2.0 wallet. So Ethanol has known this news yet? Did you plan on partnering with ETH2.0 to stay ahead of other competitors? And if so, how long?
Will I get a reward?
Will bitcoin rise in price or let go?
Will you hold more such contests?
On your website, I found this sentence “Get up to 100% cashback on your gas fees spent on each and every transaction if you hold ENOL token”. If you give cashback every transaction, how you make a profit from your project?
On your Whitepaper, I found that Ethanol is an all in one package for users transactional needs. Can you explain to us what is it in the package that the users get?
On Nov 28th there was giveaway of $80 in ETH on official Token Ethanol twitter account which was only for 24 hours.
Do you plan to make new giveaways or airdrops which will be longer than this one?
There is website ( gas.wtf ) which is showing how much money can we save by using ENOL for gas fees.
I calculated money I could save by using ENOL, but where can we use it, how popular it is and when will we be possible to change fully to ENOL and start saving money which will normally be spent on gas?
On website it says “Hold Ethanol token and earn up to 100% cashback on each and every transaction on ethereum network. Ethanol make it painless paying for high transaction fees”.
On what are our returns from gas fees based on, how can we start getting 100% of fees from every transaction? Is cashback active while exchanging on Uniswap?
The concept of Rewarding users cashbacks and Refunds of their gas fees on the ethereum network is a much needed one within this Space but with the coming of Ethereum 2.0 we are all expectant of having consistently low transaction fees on the ethereum network.. don’t you think this will affect the onboarding of your target users to EThanol because when gas fees becomes neglible people will no longer be much interested in getting refunds… what are your plans to ensure that Ethanol remains relevant even in times of extremely low gas fees.. will you also be integrating other chains with high transaction fees like Bitcoin…
At the Moment for a user to get 100% Refund of their gas Fees they need to Hold a minimum of 100 ENOL… with the price of ENOL being around $100 at the moment this will be worth around $10,000 this for sure is a very high requirement to meet… making it more difficult for a lot of users to Opt for your 100% cashback package..Knowing that only situations of extremely high gas fees will make this offer an attractive one.. Why did you decide that the price should be this high.. even the minimum requirement of 2 ENOL which is around $200 will give users just 10% cashback of gas fees… looking ahead how will your ensure that fair prices for both times of high and low gas fees are decided for your packages..
Ethanol will be giving Users the opportunity to automatically transfer their reward tokens into a vault and receive 10% rewards on the Vault weekly, 50%monthly, and up to 600% annually…what will be the requirements will to participate in this vault, how will this be different from your Staking program, when will this vault be launched and how will all the payments for The Vault rewards be funded..
Почему розыгрыш в долларе а не вкриптовалюте.
Hold Ethanol token and earn up to 100% cashback on each and every transaction on ethereum network. How does this work? Does it mean that if I don’t hold Ethanol token, I won’t be eligible to get cashback on transaction on Ethereum network? How is the cashback up to 100% calculated so users can know how much they will get as cashback after transaction?
Push guaranteed transactions and make sure it will reach. If it doesnt reach, You said you will pay users for their gas fees if a pushed guaranteed transaction doesn’t reach its limit. Does this include paying users like whale for huge gas fees lost?
You said you will pay users for their gas fees if a pushed guaranteed transaction doesn’t reach its limit. Does this include paying users like whale for huge gas fees lost?
Ethanol offers 100% refund of fees paid on each transaction at ethereum. But what do I need to have or do to be able to opt for these benefits? Is it really 100% refundable? Do you offer additional benefits besides this?
With Ethanol I can get back everything I invest in fees, this is incredible. But Ethereum also has other problems, such as scalability. Does Ethanol have a plan to solve this? Or will you only focus on gas rates?
The scheduled and automated transactions with Ethanol, what kind of technology do you use to be 100% efficient? Are they Bots, AI or algorithmic methods?
Does your token project include burning or token buy back?
On your website you mention that you want to create a governance system where everyone is equally important. Can you tell us more about this? Does that mean that the voting power won’t depend on the amount of tokens held? What will be the conditions for this governance system?
How do you spread plan to onboard the initial liquidity needed for your pools and what benefits if user want to be liquidator or provide liquidity?
– What are the differences between the Straddle Liquidity Pool, Big Blind Pool and Holder Pool, and what are the benefits for those who provide liquidity to the pools?
– How is acBTC governed and how can I earn with acBTC
I have simple question, If Uniswap will endow its liquidity pools with autonomy, set fee rates. Will #Ethanol token services be in demand?
– Ethanol looks very attractive for users to get Cashback, how can you get that 100% cashback and why does this benefit the Ethanol project? Wouldn’t you be decapitalizing the project?
– How does Ethanol ensure that all transactions are executed and no errors occur? Do you get cashback for failed transactions as well?
– How often is cashback distributed to users? Is it automatic or do users have to claim it?
Are you by any chance partners or collaborators of Ethereum to encourage us to continue using their network? I personally don’t use it almost precisely because of the high costs, but seeing your project makes me think that you are a kind of “strategy” to keep ethereum on top.
Seeing your total dependence on Ethereum makes me think: what will happen to Ethanol Token if for some reason Ethereum disappears or stops being used? Would you disappear too or is your project adaptable to some other network?
Does Ethereum pay you?
If to win with Ethanol Token I must previously possess $ENOL Token, does this mean that I indirectly become part of the community? Will everyone in fact already be part of the community with the ability to vote on the project then?
To be totally clear, to participate in the rewards of up to 100% of the fees I only have to have $ENOL Token? or is there something else?
To avail the cashback programme users needs to connect metamask wallet. Are you planning to develope your own wallet that can store erc20 or any ethereum based tokens? Ethanol is a great concept and having your own app and giving active users incentives / rewards using ENOL might entice new users.
Has your smart contract been audited by the blockchain system and Why should we feel safe when liquidation provider for #Ethanol?
It is written on your website that swap has minimal slippage and zero costs. How do you ensure high liquidity to avoid slippage?
Which liquidity pool can I participate in with a small number of coins?
For all traders out there, you should check out $ENOL presale going on right now. Get a rebate for your gas fees by holding $ENOL. Really interesting concept & one that for traders, will pay for itself How much are the fees to be paid?
Can you tell us specifically how do you use and distribute the transaction fees for other features of the Ethanol platform such as Vaults?
How are calculated the rewards for liquidity providers? Aside from the liquidity providers, will you add liquidity to the ETH-ENOL staking pools regularly? If so, how often and from where will you get the tokens for the staking pools?
Based on your Tokenomics, you assigned 1000 ENOL tokens for Marketing. Can you tell us a brief overview of the marketing and advertising strategies you have planned to encourage people to participate in Ethanol?
This Ethereum gas fees make me have a headache. How many doses of “Ethanol” should I take 🙂 Name sounds like a medicine, is that the inspiration? Coming to doses; are there any limits for benefiting from the cashbacks, such as holding amount, number of transactions, transaction amount, etc.? Do these doses affect the amount/ratio of cashback rewards?
Scheduled Transactions is a very innovative feature which allows to specify timing. I also see that transactions can be scheduled based on the fees. How is that determined, does the user select the fee amount or is there an algorithm for that? Many users will set many scheduled transactions. To perform this, Ethanol system will have to make several continuous checkings. Doesn’t it have any effects on the speed of network?
Ethanol rewards you with up to 100% of your gas spent on each transaction forever in ethanol tokens only if you hold Ethanol tokens. So can you explain further about this statement? How much is the minimum amount to hold Ethanol tokens inorder to get the 100% reward for the gas spent in transaction? If 100% gas fee spent will be given as reward, how will you maintain the sustainability of your platform?
With Eth 2.0 already up and running and if ever they manage to ease the gas fees, what will be ENOL’s alternative options or plans to make the platform relevant and the tokenholders to still hold on and stay with Ethanol?
The Ethanol features a Vault that users can lock their ENOL rewards and additionally earn 10% up-to 500%. May I ask what if the user decides to emergency unlock their token, is there a penalty fee that will be impose?
what a wonderful name ethanol , the cleaner gas. How does your platform works ? Where’s the revenue that is use to pay for the cashback on the ethereum gas fee ?
I’ve tried using your app, but without any ethanol token in my metamask, i can’t see any pools or understand how the app works ?
“You can always schedule transactions and set the fees accordingly. You can even schedule transactions when the fees is less.” does the cashback works on all ethereum smart contracts or only on token transfer ? Where can I setup the schedule transfer to save on gas fee ?
are you able to reveal how many users have use your application since it started ? What’s the volume that the system is design to handle ? What will be the impact of eth 2.0 on ethanol since the aim of the eth2.0 is to reduce gas fee and faster transaction ?
When we hold Ethanol token we are given gas fees back from ethereum transactions, but with Eth 2.0 set to solve the gas fees, wouldn’t that make ethanol token cashback offer obsolete?
Do your team plan to list your token on other exchange platforms beyond Uniswap? Which platforms are you hoping to list on?
I saw that Ethanol Token get bullist and reach $300, thats really great! But what are Ethanol Token use for ? Is it only purpose for trading?
I still can’t found any info about your stake program in Ethanol Project. When is it Live and how is your stake program work in your platform? How many % of reward APY?
With the privilege of scheduling transactions, how can we profit from fees, how do we keep track of when fees are less, and how does the refund system work for every transaction in the Ethereum network?
According to which conditions are the cash system that will be earned by those who have ENOL tokens for the gas fees they spend in transactions, and will the winning cash be paid as ENOL again?
How will the amount of return that users will earn with APY Staking be determined and what will be the difference of other platforms compared to APY staking systems?
Well, this is very very interesting and useful project. I’m sure everyone hates from ethereum gas fees. In fuel industry, as I know ethanol is added into gas for better fuel efficiency. So I think you named your project because of this right? Could you please explain us how to you plan to give back 100% of gas fees back? Because your ethanol provides better economy than the ethanol fuel industry uses haha 🙂 I’m all ears.
As I know from your telegram, in next 1-2 days your staking platform will be live.How are Ethanol Project Liquidity Pools work? What is the reward if we do staking in your liquidity pools?
why do we have to have at least 4% Slippage ???
I think this is very big and Fee Gas unstable
Get Cash Back reward for Eth gas charges Get up to 100% cash back on your gas costs.
How can we be able to follow this? are there any rules run
ETH Gas fee is very unstable, yesterday it was 30 $. so how do you respond to this because it is very detrimental if we buy your coins for a fee of 30 $
Do you plan to extend this project with adding other tokens as well? I mean why just stay with ethereum. Do you plan to also add bitcoin and other coins into the ethanol project?
How does ENOL cut gas fees and made it into cashback?
Can the cashback directly send to user personal Ethereum wallets?
to get the cashback feature, does user need to use Ethanol dapp only?
Recently Ethereum gas is very high, does this situation bring more revenue like cashback on Ethanol Token project?
How frequently will the rewards be paid out? Right now, it appears weekly since you mentioned the next reward timeframe being next Tuesday.
Are you only eligible for rewards while you’re holding the coin? In previous comments on TG, you mentioned that people that bought and sold ENOL were still eligible, but is that only for the time period they held?
What happens when the allotted coins for rewards runs out?
Ethanol will reward me with up to 100% of my gas spent on each transaction. What conditions should I fulfill and how will this reward be calculated?
Where and under what conditions can I initially receive your token if I am not yet your user?
Do you have a transaction schedule? This is the first time I’ve met this. That is, I can choose any day and any time when my transaction will be carried out and with any commission? Or will you offer me some options?
How you get the idea of gasoline logo I’m little bit worried to know because it’s a kinda attractive what the logic behind this logo
Really I want to know logic behind this idea of gasoline logo
What exclusive services will be featured on your platform? Will there be indicators on the platform to compare gas prices directly on the Ethereum network and through your platform? How can I know if you are offering me the best option?
There is a nuance that haunts me. If I understand correctly, I connect to your platform using Metamask. When I transfer any of my tokens to the exchange, you charge me an ENOL token. This is cashback.And in order to pick up ENOL do I pay for gas again? For this you give me ENOL again… I get a vicious circle that will break when I run out of Ethereum in my wallet. Explain how this will happen and is the total supply of ENOL limited?
On your logo drop and fire, it looks like you borrowed your drop from gasonline, why did you choose such a logo? What is its significance? And, if I already see the flames, I would like to ask – what is your program to maintain fire prices and liquidity of your token? Is a token burn possible?
1) How will you deal with the adapting changes of the token as MC rises? It seems less feasible to buy 2 ENOL for minimal returns when ENOL may be worth 1k one day. How would you go about handling that?
2) Are there plans to scale things to other things beyond ETH? I heard rumors of BTC too? Could you expand on that?
3) What are some details or upgrades we can look forward to in regards to the website and the dapp? Any interesting widgets to showcase how useful ENOL could be?