We are pleased to announce our next AMA on December 15th 2020 at 05:00 PM UTC Time: Satoshi Club x YVSFinance
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join YVSFinance Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 100 seconds. You can post Max 3 questions. YVSFinance Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about YVSFinance
For more details:
YVSFinance – @YVSFinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
you mentioned in the White Paper that VSFinance is the first and only yield-farming, vaults and staking deflationary token with no admin control.What is the Burn Rate and the amount of liquidity pool?
in Presale Tokens can be claimed after end, distribution of raised ETH is automatic.To whom will the token be distributed and what are the distribution rates?
Is there a referral system in the YVSFinance project, and if there is, what are the steps for calculating the referral and what are the profit rates through the referral of my friend?
What are the plans to educate and raise awareness and adoption among the community to make more people understand about the project easily?
What do you think about solving issues that the DeFi ecosystem still can’t solve? and why this is the problem important?
At a particular time fees where abnormally high when staking LP Tokens into pools. Has the YVSF’s smart contracts been examined? what has been done to fix this major issue?
YVS has been audited by the Hacken. Are you expecting your platform to be audited and connected to another company? And how much time will pass in one assessment and another? And in case the Hacken test finds any security breaches, can the YVS team fix and prevent it before launching the token to users and investors?
While studying your project, I found out that you said your smart contract will be audited by top security firm and there will be no admin control on the contracts once deployment has been activated. What does this “no admin control” means? If for instance there is an obvious bug noticed in your smart contract after deployment, how will such be rectified?
One way of getting the $YVS token is through the pre-sale. But there is no information as to which exchange we can get $YVS token from. Is pre-sale the only option to own $YVS or is your token available for purchase on exchange? Also, do you have a burning plan or program to maintain token integrity or value?
Looking at your ETH-YVS LP pool, you said that 50 % of deposited LP tokens provided by investors will be locked forever. Do you think this will be attractive to investors who may want to provide liquidity? How are LP providers rewarded to ensure they are able to get the funds they invested in your pool?
What are the core innovations and strategies that make you believe that YVSFinance will be successful and are able to make investors and traders interested in betting on $YVS tokens any day and any time?
A-Increasing Token price
B- make Token Valuable
C-Building Community Trust
From 3 aspects above,. I want to ask,. Which one the most important for you??
If all above are important for you,. Which one that Will you do first??
As I know YVS Finance has a Total supply: 2.000.000 $YVS tokens. Can you explain how is your Tokenomics Distribution? How many tokens Will be minted? And How many tokens are locked?
You mentioned about the Possibility of YVS having partnerships for additional VIP
staking pools.. how do you plan to implement this VIP staking pools considering the fact that all your Contracts have been pre-programmed, their functions Cannot be changed in the future and have no Admin Control…
YVS has a 0.75 % Burn rate of which 80 % will be sent to the distribution contract for future rewards 15 % will go to the treasury and 5 % will be indefinitely burned.. this means that only 5% Of the 0.75% burn rate will truly be burned.. since your Contracts are already pre-programmed what happens to the 15% that goes to the treasury.
If all Your contracts Have been pre-programmed such that none of your functions can be changed in the future and the contracts have no admin control or owner privileges.. now that the contracts are under Audit by Hacken if an issue or bug is discovered how will the issue be resolved will you create an entirely new contract or what, or is it that some parts of your contracts can still be modified
How many liquidity pools will YVS have on Uniswap? Will it be possible to peg YVS against a stablecoin? What percentage of the total allocation of rewards will the pool receive? And how many percent of the deposited liquidity will be locked to ensure good liquidity and low slippage?
Can you elaborate more on the staking pool in terms of the reward allocation, minimum locking period and claiming of rewards?
Are there any bonuses available to early investors? What benefits are available and how can one continue to enjoy these benefits?
I BELIEVE THAT THE CURRENT DISTRIBUTION OF APPROXIMATELY 1.330 $YVS PER DAY FOR THE INITIAL 20 MONTH DURATION ID FOR HOLDERS OF THE TOKEN? DO YOU HAVE ENOUGH SUPPLY TO FULFIL THAT? AFTER THE 20 MONTHS, DOES THE OFFER GET BETTER OR DOES IT STOP?
WITH NO ADMIN CONTROL, WHO INITIATES THE PLAN FOR PARTNERSHIPS? WHO TAKES OWNERSHIP OF THE PROJECT AT LARGE? I WOULD SAY THAT NOT ALL ISSUES CAN BE RESOLVED BY COMMUNITY, HOW DO YOU GO ABOUT THAT?
All functions pre-programmed in smart contracts. Is the smart contract AI enabled?
For joining YVSFinance presale we will get 2.5% bonus. Will price for listing be same as presale price, is there any other benefit besides 2.5% for presale investors?
YVSFinance will be offering yield-farming, staking and vaults immediately on launch and with guaranteed rewards for the first 20-month period, so we believe we offer much more than many other projects do after months of existence.
This is very impressive thing immediately after launching.
Are all these features well tested, did you corporate with any of other projects while creating it?
Since rewards are for only first 20 months, what will happen after that? Will there be any other rewards?
– Will the Hacken audit be ready before the end of the $YVS Presale? What will happen if the audit is not completed on time?
– The impossibility of modifying the smart contract after launch, do you consider it an advantage or a limitation? How will you address future problems without the possibility of modifying the smart contract?
– Liquidity at Uniswap will be locked for 1 year after the launch of the smart contract. My question is, will the pre-sale tokens also have a lockout period?
One of the things that complicate many models of Bovedas DeFi is the long period of blocking without rewards. How does YVS modify this? What locking and unlocking schemes do your vaults have? Can you make early withdrawals at no cost?
Recently they have partnered with JustLiquidity, one of the most renowned token blocking platforms. What results have you obtained from this association? Why did you choose JustLiquidity to carry out this process? How do you think that in the future the $YVS token will increase in value because of this?
In a few hours the YVS Finance liquidity pools will be open. How easy will it be for users to create liquidity in these pools? What will be the platforms where it will be possible to do this? How will your liquidity creation model improve on all the others we know?
I understand that YVS Finance the system is totally free of governance and production deflationary, now, all contract functions are pre-programmed, who audits this?
According to your website, YVS Finance is the first and only yield-farming, vaults and staking deflationary token with no admin control. Can you explain and elaborate more about this statement? What advantage and disadvantages that it will bring to stakers, yield farmers and investors?
YVS Finance is a totally token without administrative control, so it can be evidenced, but cybernetically controlling the safety and proper functioning of this token?
Can you describe the Vault feature in YVS Finance? How to earn and be profitable with this feature? Thank you
In the whitepaper in the pre-sales area you mention that the “Bonus per day will be 12.5%, 7.5%, 5%, 2.5% and 0%” but you don’t explain more about this in your medium publication. Can you explain to us better what these bonuses are and how I can benefit from them? Or will anyone who buys $YVS Token receive these percentages automatically the next five days?
Neither on the website, nor in the white paper did I find information about the team that makes up YVS Finance. Do you plan to have these in anonymity for the time being, or will you be updating your documentation with this information soon?
One of the first words we came across in your white paper is that “All functionality pre-programmed in the
contacts, audited before launch”, however the pre-sale is already ending and in your site you mention that you are still “Under audit by Hacken”. Was there any delay? Or is the audit already ready but it has not been published?
At present there are many defi and Yvs Finance projects alleges that it is the first and only Token Deflationary but, as I am constantly researching projects to see that there is no venue in the market I am that $ YVS is not the only Deflationary Token.
I heard YFS Finance wants to pre-sell. Can you tell us about YFS Finance Pre-Sale information? When will the YFS Finance pre-sale be launched? And what are the main advantages for YFS Finance pre-sale investors?
Observing its leaf I see that its contracts are audited before the launch by an external company that is responsible for ensuring cyber security, now once it is a contract is among its chains is free?, I mean and if it will fail as YVS Finance would respond?
This project is different in many ways, especially by having no governance and no admin control. What will you say is the base of YVS economic model without having these two factors?
YVS has decided to program the uniswap pool with 30% of collected ETH + equivalent amount of YVS from the base price. How did you make these calculations? Will it stay like that forever?
In your Vault Pools, according to you, there will be a number of multipliers to increase your winnings by 5%, 10%, 15%, 20% and 25%. How do I access or unblock these winnings percentages? Does each level have a minimum deposit amount or something like that?
I didn’t see a roadmap on your website, could you tell us what YVS Finance’s schedule is for next year?
YVS Finance claimed that “The first and only yield-farming, vaults and staking deflationary token with no admin control.” What mechanism did you use to do that?
For prudent investors, they require a platform with high security and good APY. What will YVS Finance do to meet those requirements?
In the main statement of your website, the “Token without administrative control” strawberry jumped out at me. I googled it to find out about that but I couldn’t find anything clear. Can you explain to us what this means and why it’s different from a normal token?
One of the easiest ways to see the outstanding features of a project is by comparing it to similar ones. So, could you tell us some direct competitors of YVS Finance and explain what you have that makes you a better choice?
In your whitepaper you mention that there will be “Possible partnerships for additional VIP staking pools”. What does this mean? Will there be any kind of VIP pools? Or what really?
YVS is under audit by Hacken. I took a look at HACKEN tools for security assessment and they have a Web Application Penetration Testing. Has YVS passed a test like this?
In your whitepaper says it exists the possibility of making partnerships for additional VIP staking pool. What differences will have this pool for being “VIP”? And will the ordinary staker/holders benefit from it somehow?
Pre-sale is a good strategy for marketing and investors.After the end of the pre-sale, will YVSFinance have plan to running more advertising campaigns or airdrops with token rewards to attract users? How will YVS finance focus on marketing your product in the future?
YVS’s Uniswap pool is programmatically created with 30% of collected ETH + equivalent amount of YVS from the base price. Is creating it programatically a feature of Uniswap, or is it an innovation of your system? And you say a max of 30 K $YVS will be deposited for this pool, therefore this amount does not fit the 1.9 million “Distribution” of your tokenomics. So what will be the source of it?
I understand that the approximate value of 1 $ YVS is 13 USD, but can they really be bought for ETH and only on Uniswap? or are they already listed on other exchanges and with other pairs?
You claimed that “Ultimate Security for investors under audit by Hacken. But even Kucoin was hacked and causing heavy damage to investors .Does YVS really ensure the security of user data and What solutions will YVS have if an unexpected problem occurs?
After the presale, do you think that the tokens will have a great upward trend due to its great income-generating capabilities? Or do you really think that it will take a lot of work for months to achieve that upward trend? as commonly happens
really the project logo is a vault right? Is that referring to the security and safekeeping in which the capital deposited by each of the investors will be found?
Is there any reason why the duration of the liquidity is 20 months? I understand that because they are high performance they last more than 12 months, why not really implement it for 18 or 24 months?
Note that only the Numus and Luna packages are available, really why do you think that after a long pre-sale it is still available? Will they still be available after the pre-sale like the previous plans? And what is the name of each of them?
In the pre-sale of all projects, they promote a certain number of tokens, and if the established amount was not sold on the closing date, they carry out many other pre-sales to complete it, if it closed today 12/15, they managed to sell all? Will they make new presales?
Really, what characteristics does YVS Finance have to be a totally Unique deflationary token? and is it really the first? If many other projects generate production, vaults and betting without administrative control, then they would not be the first, right?
many projects do large advertising campaigns for their presales, making large amounts of AMAs in multiple communities in order to acquire the tokens, but days after the presale they “throw the rug” and go to SCAM, how do you know what it is? impossible for YVS Finance to be SCAM?
As we all know, scalability issues, with skyrocketing Ethereum network fees and slow platform performance, which leave users disappointed. Why did YVS choose ERC20 infrastructure and how can you handle this problem ?
What advantages of YVS’s “vaulting and staking deflation tokens without admin control” bring to the investors? Besides that, what is the benefit of developing YVS with deflation feature?
I see that you care very much about hacks and rug pulls which is great. But it feels like you had a bad experience, have you ever been a victim of any rug pulls or hacks, or is it just the responsibility of project ownership? What measures have you taken for your investors to provide a secure environment against these risks and dangers?
On YVSFinance website there is a part that says “Rewards per day 1.330 $YVS”. What will be rewarded with 1.330 $YVS a day?
50 % of deposited LP tokens will be locked forever and cannot be access anymore. Will this applies for all the liquidity providers? What is the compensation fo losing half of the tokens.
The absence of a governance system in YVS and What are the advantages of the protocol being fully distributed and contract functions within certain privileges Does it differ if it is programmed and cannot be changed?
How and for how long were the token contracts audited by the cyber security firm prior to launch and how did the developer team work to provide a secure platform?
What is the role of LP tokens in the price ratio for deposited LP tokens and users’ own
How to determine the multiplier rate for their funds?
On Staking program, for every extra week the user locks his funds, he will receive a multiplier of 1% for a maximum of 12 weeks. Are you talking about the $YVS reward for staking? Will the computation of rewards are different every extra weeks?
You claimed that you offer much more guaranteed rewards from yield-farming and staking than many other projects do. Can you explain how or Could you give us the breakdown or sum of such rewards that you are offering to YVS holders?
I need to connect my wallet to buy TVS finance token and do stacking. Do your platform is safe if I want to connect with my wallet? How about YVSFinance security for prevent user’s asset from hack issue?
I see that you are the 1st yield farming with no admin when its already deployment. Usually project take an opportunity by control its APY, so now how do YVSFinance get their income ? How this system can mutually beneficial for you and your investor?
As I know YVSFinance already connect with ETH network, BSC from Binance Smart Chain. In the future do YVSFinance want to add more network like TRC20 tron or other?
May I know what are vision and mission from YVSFinance? Is it only to develop a platform that provides the best benefit and features for the user in the world of Decentralized financial?
How many pools that YVSFinance have in their platform including Staking pool, liquidity pool and vault pool? Do you also have pool for a stable coin like USDT? Is there any limit if we want to deposit in your vault pools?
What motivated you to write the YVS Pre-Selling Tutorial?
How does the team profit from the project in order to maintain it cost-wise and what is its revenue model?
Why did you abandon such a fashionable now governance function? What is the value of your tokens and their future if there is a need for new features for DeFi in the future and neither you nor the community can change anything?
I see big expenses that have been made by YVS.Finance lately – a lot of AMAs, Hacken audit (we all know, that it’s not cheap), JustLiquidity lock etc, this list is long. Where this funds come from? If it’s from early VC investors can you tell us if they have any preferences or bonuses?
Immediately on the first page of your site, I read: The first and only deflationary token for growing crops, storage and rates without administrative control.
Almost all DeFi projects that came to AMA in the Satoshi Club say this. What exactly is your advantage and features in comparison with them? What can you boast about to make our eyes light up and we want to cooperate with you?
Revenue is an important aspect for all projects in order to survive and keep the project / company up and running. What is YVS way of generating profit / revenue? What is the income model?