We are pleased to announce our next AMA on December 19th 2020 at 04:00 PM UTC Time: Satoshi Club x Kerberos Finance
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Kerberos Finance Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Kerberos Finance Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Kerberos Finance
For more details:
Kerberos Finance – @kerberos_finance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
In the Roadmap they detail that the KBR token will be in Uniswap. Are you planning in the future to expand to other exchanges to publicize the token more? What is the KBR presale price? Will this price ever change?
Partnerships are important to the growth of any project. What partners has the Kerberos project gotten so far? What are your long-term goals?
What benefits do users have by keeping the KBR token in the long term? Will they have any rewards? Do you have a referral system?
What problems is the project trying to solve? How do you build trust in users to invest in your project? Who is on the team behind the Kerberos project?
What is your strongest advantage that you think will make your team leading the market? In contrast, what is your weakness and How do you plan to overcome it?
What role does Kerberos Finance want to play in the cryptocurrency ecosystem?
Can you share with us some of the lending platforms that are being considered and also tell us how you intend to find the highest yielding one between them?
Can you share with us the timeline for the project? How long will the beta version run before the main version is released? Is there any plan for a hackathon to check for any loopholes before the launch of the main version or are you solely relying on feedbacks from users of the beta version?
YFBETA holders can swap from YFBETA to KBR with swap rate 1:1Does the YFBETA project belong to your team too? If it doesn’t belong to your team, what relationship does YFBETA have with KBR? If its a form of partnership, what advantages does the partnership with YFBETA bring to KBR?
Kerberos Finance is An innovative new DeFi project focused on sustainability, transparency, and community.
Can you explain what strategies you used to achieve these three focuses? Especially Community, how do you build a strong community? I really hope to be one of the people in your community
One of the features of Kerberos Finance is Blood Spirits, which is a flexible burn rate. What is the difference between Blood Spirits and other normal Burns?
When was Kerberos Finance launched? How can I get your token? Will there be a pre-sale or private sale?
What problems is Your project trying to solve to make it easier for Crypto users? Please let us know how evolving the roadmap is right now.
Q:Could you please tell me just a little more about the team and some of their backgrounds? I have personally seen many projects launch with inexperienced team members, and some of those didn’t go so well due to easily avoidable mistakes.
Who are the main partners of Kerberos Finance ? What are the benefits of cooperation with this ecosystem?
5% of profits is retained in the governance wallet, does that imply that governance is not community based? What does governance on your platform look like? Who governs the platform?
Community adoption and acceptance
is crucial for the success of most projects. As at the time of posting this, your Twitter community has only 52 members with only 20 posts while your TG community is less than a thousand. It seems like project awareness is low and that there is less communication from the team to their partners. It’s fantastic that you are in Satoshi club for AMA as this will allow potential investors make informed decisions. Aside this, what efforts are you making to create awareness and to ensure a wider audience reach? How do you intend to bring in more targeted viable investors? Also, don’t you think that there is need to communicate more with your community to drive home project goals and to also create trust?
Kerberos is a very young platform that is taking its first steps in creating its community. How much of your tokenomics have you dedicated to marketing your project? How will you approach the strategies you hope to use to make yourself known in the DeFi world?
Why did Kerberos decide to implement a flexible burning speed instead of a static mechanism? What advantages does this give your platform?
In an article in Medium you comment that your autonomous yield farming that finds the highest yield among different platforms and fairly distributes all KBRF supply to those involved in the farming groups. Don’t you think that the more active or involved users should receive more, rather than encouraging an identical distribution of KBRF supply?
Blood Spirit mechanism is one of Kerberos mechanism to ensure stable system & prevent depreciation of $KBRF. Can you explain in more detail about this mechanism? How the mechanism will affect the stability of $KBRF
In your litepaper about tokenomic it is stated that 60% of the allocation will be used for reservation. Can you explain more about means reservation? is this like a treasury system or what?
KBR presale is going live on the 31st of this month. At what price is KBR going to list and how do you determine the price the token is worth?
The kerberos Finance team started from betabros community….this is the first time I’m hearing about betabros… what is this betabros project all about and what responsibilities did your team have when they were with betabros community and why did they decide to create a different project outside betabros
Kerberos is said to have an Autonomous yield farming which automatically finds the highest yield between different lending platforms and fairly distributes the entire supply of KBRF to those staked in farm pools… what lending platforms will Kerberos integrate into this Autonomous yield farming.. at what rate and How will KBRF be distributed to these pools
On your website I see that you have only ETH, USDT, and DAI vaults why did you decide to start with Vaults for stable coins and ETH, what do users stand to gain by participating in each of these vaults and will these be the only vaults on your platform….. if more will be added how will they be decided on…
Can you explain more about the Bloody Spirit mechanism of your platform? How does it works and function with Kerberos Finance?Why did you choose this name as your Burning mechanicsm? Thank you
Out of curiosity, can you describe to us your logo? Why do you choose 3 shadowed wolf in your logo? What is the significance of your logo in your platform? Thank you
Many Defi Yield Farming in the market nowadays. So as a new entry in the market , what is the edge and strongest point of Kerberos Finance that investors will choose to invest and trust with you with their single penny out of hard work and effort? Can you share some legitimacy of your platform? Does your platform already undergo with some audit? How about your Smart Contract?
– Currently the $KBRF pre-sale is going on, my question is, why did you decide to launch a new token ($kAIDES) without having finished the pre-sale, and that this token will not have a pre-sale?
– Kerberos Finance currently has 2 heads ($KBRF and $kAIDES). My question is, will these be the only Kerberos divisions or will there be a 3 head?
– Are there any benefits or incentives for users to try the Kerberos testnet? When the official launch of this platform occurs, will there be any kind of reward for early adopters?
How does the creation of kAIDES contribute to the valuability of your token $KBRF considering it has no pre-sale, no dev fund and no marketing?
This is an experimental project. Even so, how much KERBEROS team concerns about the security of the project? Will you audit your system with any security expert in partnership?
KERBEROS has destined a part of 19000 tokens to be added to the Uniswap liquidity lock. The specifific amount for this part is not detailed in your litepaper. How many tokens do you plan to put in the liquidity locked pool and how long will be locked?
It says in your litepaper that you’re an experimental project, so you’re not responsible for financial loss. If the worth of the KBRF token is decided by the community, how do you create confidence in them to BUY and HOLD in an experimental non-advisor project?
In your Medium article, it says that kAIDES is a fully decentralized blockchain gamification and a part of Kerberos Finance platform. Which part of kaIDES is gamified and please point out the article of which is was discussed.
There is a trading rule that if someone sells in less than 2 minutes of buying kAIDES, he/she will be punished an extra 10% fee which 5% of it will be rewarded to the winner who bought the highest amount of kAIDES & didn’t sell in less than 2 minutes of buying. Is there any chance that this will be amended to include all the buyers within that period to also be rewarded even a small percent of the accumulated extra fees?
4,000 kaIDES will be added on Uniswap liquidity on the listing day. Is there vesting period on the lock tokens provided by the Kerberos Finance Team?
How does asset rewards use the KBRF on the market with the buyback and burning method and how does this affect the KBRF supply?
How does the smart contract calculate the profit when the withdrawal is made and why does it divide the assets into 3 different segments, how does this reflect the market value of the KBRF token on the asset bought back from Uniswap?
Will there be a stable supply and mint functionality for kAIDES and how will it provide gamification for KerberosFinans in the blockchain space?
You said that Kerberos using Compound Strategy for yield farming. Compound Strategy offer a different pool to each token, that also mean deposit and with drawn completely independent, but can you give explanation why did you use this strategy? What is the benefit for both user and kerberos?
I read the Tokenomics in your Litepaper and noticed that there are no $KBRF allocated to the team, is that right? Is there a specific reason for this decision?
There is a section of Mechanisms in your Litepaper that talks about “Blood Spirit”, a burn rate implemented when selling cheap. Can you explain more about this mechanism and why did you include this in your project?
Based on your roadmap you have planned to release the full privacy platform using Zero-Knowledge proofs. Can you explain in simple words what means Zero-Knowledge proofs and how it will be applied in your platform?
My opinion that yield farm projects is not sustainable. When the farming start, token price will always go down. All farmer will only selling token after they got from their farm. So how will Kerberos team solved this problem?
Fixed burning rate of 10% per transaction (5% is burned permanently and 5% is deposited into the burn wallet as a reserved reward). Will this accumulated reward after some time also be burned or distributed among the network participants?
Have you allocated only 1000 KBRF for the development fund? Do you think that this will be enough for the full development of the project? Or will this fund also be replenished from other sources additionally in the process of improving the network?
Your site has 2 buttons: 1. Join the pre-sale and 2. Try the beta.
After clicking them, I received the following response from the platform: “The transaction is not supported in the mobile browser. Use a desktop browser instead.”
In the modern world, mobile communications are practically the first in terms of use, because they are affordable. Accordingly, mobile versions of sites are welcomed first of all. What solution can you offer me in this situation if I want to use the mobile version?
I can’t found link for audit smart contract from Kerberos Finance. Did you already audit your smart contract? Because I believe its important to increase trust from your investor
Right now issuing a token is a rather simple process. However, building the system and ecosystem is the most difficult part. My question is, How will the demand of the token will increase and how will this token use within the ecosystem?
What is the most ambitious goal of your project? What is the ultimate vision that Your project is trying to achieve within the cryptocurrencies market? I would appreciate it if you could share with us any Upcoming Updates?
Can you tell us about the motivation and benefits for investors to keep the $KBR token in the long run? What plans do you have to help drive the demand and scarcity of the $KBR token?