We are pleased to announce our next AMA on December 28th 2020 at 05:30 PM UTC Time: Satoshi Club x Tosdis
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Tosdis Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Tosdis Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Tosdis
For more details:
Tosdis – @Tosdis
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
As a Defi (lending and borrowing) platform, how will the Tosdis project avoid market manipulation problems? Is there a safeguard mechanism in place to guarantee benefits and assets for investors, traders and coin holders?
Quoting from your whitepaper, “One of TOSDIS’s priority is to grant users access to operations on both crypto and fiat currency markets that are fully compliant with corresponding rules and regulations”. You intend to integrate your payment system with traditional banking system. As a Defi project, how do you intend to run smoothly with the centralisation system associated with traditional system? Which Fiat currency do you plan to support? Bearing in mind the complexities and peculiarity of financial compliance in various country, how can this be successfully achieved without undue censorship and third-party interference?
One of the product you offer is Liquid staking which allow your protocol to issue on-chain token derivative representation of participant’s staked digital asset for various blockchains by giving them a derivative token to trade in the interim as their assets are frozen. What on-chain token derivative do you issue on staked assets? How do you determine the entitled reward of an underlying asset as well as associated asset risk when issuing a token derivative on such staked assets?
For the first quarter of 2021 Tosdis DeFi expects to start with the Liquid staking for POS Coins (Starting with ETH). When do you expect to incorporate more cryptocurrencies in the staking? Which will be the next to be added?
Reviewing an article about Tosdis, I read a phrase that caught my attention, which said that with your project “It’s like having a savings account where you can use your funds without fear of losing interest”. Exactly what strategies or tools does Tosdis use to offer this? What role does EasyStake play in that?
With respect to the Tosdex swapping protocol, you comment that one of the mechanisms on which it is based is the “advanced revenue model”. Could you explain to us exactly what this model consists of and what are the benefits that the protocol obtains by using it?
Can you expand our knowledge about Your Roadmap this year and the future and any Updates on your Research and development progress?
DeFi is one of the hottest topics in the blockchain field. Can you share your opinion about DeFi with us?
Do you think DeFi will destroy the existing financial system?
What is your project Approach towards DeFi?
Tosdis offers staking as a service to dozens of platforms, would the APY for using Tosdis be the same as staking with other platforms? Would the staking rules for Tosdis be the same irrespective of the project or would each project maintain their uniqueness, like liquidity lock and stake period?
A peer to peer borrowing/lending protocol, would terms of the lending be set by the lenders? Or is there a standard lending rate that is set by your platform?
With the wide range of product Tosdis offers, looking through the roadmap I couldn’t find a date for a mobile app launch, is it that you don’t consider a one stop mobile app a priority? Or is a mobile app something we would see in the later part of 2021?
Tosdis’ unique mechanism means that can offer Staking-as-a-Service to dozens of platforms. How do you minimize the risk of speed limitation or slippage when operating across multiple chains? What networks does Tosdis work with to be interoperable?
Tosdis offers an easy, safe and secure way to provide liquidity mining services to its holders. How high will the performance be with this model in EasyStake? Can I easily configure and implement the smart contract at economical prices and offer performance farming to my holders?
Tosdex is an exchange protocol created by Tosdis. What tools do you use to offer the lowest rates in the market even when working with ERC20 token, which we know charge very high gas rates for being part of the Ethereum network? What is the advanced revenue model to offer the lowest trading rate for operators using Tosdex?
One of the main benefits of Tosdis’ EasyStake is tied, of course, to its staking system, which provides higher yield interests to users that have been staking for longer terms. Being a team of experienced professionals (I did some Linkedin peeking!), you’re positively aware that any user’s decision to stake his/her assets on any platform, requires him/her to reason also in terms of opportunity costs – that is, which other investment opportunities is he/she forgoing during vesting period and how much could he/she have made in comparison. This is all the more amplified in the world of crypto, where new windows of opportunity open up every instant. What is the order of magnitude of the rewards you have conceived for EasyStake users (in terms of percentages) in order to persuade them to get on board? Are there (or are you considering implementing in the future) other benefits for Tosdis stakers?
Playing the devil’s advocate as I’m often inclined to do, I have to write that we’ve seen many promising projects – focused on offering staking, yield farming, lending/borrowing platforms in a safe, audited, lucrative and decentralized manner – facing bootstrapping difficulties after several weeks/months since their inception.
While the reason behind these struggles is often related to investors’ general distrust towards buying and holding for mid/long-term period any new project-related coins, why would this situation be different with Tosdis? Wouldn’t I still be well off depositing on BlockFi or Celsius, getting the same service and decent interests? Is Tossdis’ value mostly carried by interoperability as it seems?
How does the fees paid by the platform in the EasyStake network go directly to the deflation mechanism that burns the token and how does this model affect the long-term use of the TosdiS token?
How does Tosdis Finans aim to improve the DeFi sector by applying liquid staking and how will it mediate the use of users’ assets on various financial products by grouping them at the same time?
Long-term returns are what users desire most. How will the time spent on the network with the staking mechanism affect the increase of rewards and How will the earning system work by merging tokens with Yield Farming?
– What is the difference between a normal staking and the liquid staking offered by Tosdis? Is there any difference when locking my tokens?
– Tosdis will offer Liquid Staking and Staking as a Service, are they not the same services? What are the fundamental differences between these two services?
– At the time of the launch of TosDex, which chains will be possible to integrate into this Dex? Will it be only ETH’s or also other blockchains?
As a Platform that will be offering staking-as-a-service integrating different blockchains…it is expected that a lot of projects especially those offering Defi services on supported blockchains will apply to use some of your staking features such as EASYStake and Yield Farming… for projects wanting to do so what requirments must they meet before being accepted into your platform.. and how are the applications of these projects reviewed.. will you be supporting newly developed projects and do you have plans that in no distant time the decision of what projects makes it to your platform will be made by your community
Probably almost all new DEX platforms promise to offer lower fees than other platforms available… in your case with Tosdex, you intend to do so using what you Called an Advanced Revenue model.. which will not only offer Low trading fees but also give best returns for liquidity providers…first of all will this DEX platform also be a Cross-chain platform if yes what kind of inter-chain protocol will you be implementing to enable Decentralized trading across different Chains.. and How will your Advanced revenue model in true sense help in offering lower trading fees and give best returns from liquidity providers….
Part of your plans is to enable interoperability in every corner of the ecosystem, from fragmented and incompatible blockchains to upcoming CBDCs…. In line with this what Central Bank Digital currencies are you targeting for a start.. and how do you intend to incorporate CBDC’s into your platform…what kind of interoperability are you forseeing by Incorporating CBDC’s and your Staking-As-a-service Model across different chains
How does Tosdis EasyStake work differently from other staking types and how does users use staking as a service by depositing coins on PoS?
How do you ensure compatibility and interoperability by working on different blockchains and how do you contribute to mass adoption?
Does Tosdis Finans have interoperability with various blockchains such as Polkadot, Ethereum, EOS, Tron, Chainlink, and when will staking infrastructure be available for BSC and Polkadot?
I’m curious to know the hands behind the avatars of your techies, they look as movie characters. All seem so good looking! In general, who are your website developers?
You’ve been auditen by Hacken. Can you tell us about the whole process? Is Tosdis safe from all threats?
Part of achieving success in DeFi world is creating a solid and happy community. Is Tosdis close to their community? Do you have an active support system 24/7?
In the vast majority of stake projects it is only allowed to enter the amount of tokens to use, but actually configuring other characteristics is impossible, as with Tosdis Finance will it be possible to configure the smart contract? And have all the modifications that can be made to the contracts been tested?
The vast majority of new DeFi protocols only focus on low transaction fees and forget about how it works, is this the most important thing to attract more users? Or does better performance really matter more but with higher rates?
The vast majority of projects that allow generating stakes with other blockchains are those developed by the Polkadot cross chain, how does Tosdis achieve by being part of ERC20 offering Staking-as-a-Service to dozens of platforms?
I understand that the blocking of tokens is a mechanism that allows to control the supply and demand, and therefore increase the value of the tokens, that is why 10% of the DIS tokens will be blocked for 12 months, with a release time of 25% every three months? Besides this, how much will the% of token burn for each operation be?
Really, the P2P traditionally used in Cex are really functional, safe and free of fees, thus, why Tosdis develop a P2P based on smart contracts and with fees? is it really necessary? why prefer to use it instead of conventional ones?
Great innovations are currently being developed for DeFi stakes, such as Time Proof, Liquid Staking and more. but do you really think that all these tools are necessary in DeFi? Or will just Liquid Staking be more than enough to enjoy the full potential of DeFi?
You say that the Tosdis cross chain could be used for 12 different block chains, but how can you really be sure if the first two chains of BSC and Polkadot have not yet been audited? How to know that it will be possible to develop them and make them efficient in other chains totally different from ETH?
You mentioned in you website that “PoS is much more resilient to 51% attack” , what about the missing 49% ?!! How will you guarantee that my money are safe from many attacks like Ddos attacks for example !
I would really like to know what is the percentage of staking in your website ? also is this percentage changable ? Because many projects start with a specific revenue then after few months they ignore the investors and abandon the users with fake results!
And Thanks
What is the main feature of the project ? What is it so attractive in your opinion ?
What are your long-term plans?
Will you open your own Tosdis exchange?
What can you tell me about the project at all?
I see that you understand this
What is the unique mechanism that Tosdis have with staking? What is the advantage of using your platform “Easystake” ?
An investor usually will look for a whitepaper if they want to learn and know more about that project. But why Tosdis dont have whitepaper? Do you plan to create one in the future?
Most of your team on the site has no photos! It has something to do with their specialization: engineers, security specialist, designer – and they decided to remain anonymous? Or is it just that there are no suitable photos (almost everyone!)?
Tosdis EasyStake is transforming staking as a service by providing users with a more liquid, safer and more efficient staking method. And every service must be paid for! How do you benefit?
The Tosdis EasyStake mechanism operates as a highly profitable decentralized savings account. The longer I stake, the higher the reward will be.
Is there a minimum and maximum for the stake and for the reward? And what are the situations in which I can lose my reward?
Tosdis is a DeFi platform at the intersection of Liquid Staking and Staking-as-a-Service (SaaS). We hear these two most of the times but not sure what they are really. So can you tell us the differences please? And can you also explain what is being at the instersection of them, is it to support both or taking a role of interoperations?
Im interested with your farm system. Will we only possible to farm Tosdis token ? Can we also farm using other token? How is percentage reward that we will get from Tosdis Yield farm?
We are all suffering from a high fees on Ethereum blockchain at the current moment…and I see you are working on your own DEX which will have to go live in the next year..you promising “lowest fee swapping protocol”…Can you elaborate in this? Will we really be able to save essential amount of money on swapping? Can you give us some hint how you will implement this? And why still no one ever did this? You think you are smarter than the other projects, which doing the same things and already have big capitalisation on the market? 🙂
It’s refresing to see a defi project that the CEO are known just like Tosdis. Can you please share Mr. Mamoon Yousaf experienced on crypto specifically on the defi side. How and when did he came up with the idea to start the Tosdis project?