We are pleased to announce our next AMA on January 8th 2021 at 05:30 PM UTC Time: Satoshi Club x SparkleSwap
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join SparkleSwap Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 100 seconds. You can post Max 3 questions. SparkleSwap Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about SparkleSwap
For more details:
SparkleSwap – @Sparkleloyalty
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
How does the loyalty-based system work in rewarding users in the Sparkle ecosystem and how are Loyalty criteria of users determined? How does the random selection process work?
How is the standard reward rate of sparkles returned to loyalty participants annually determined, is the rate evenly distributed for all participants or is it based on loyalty criteria?
What is the role of the premium loyalty accelerator in increasing the daily reward rate and how much can the user rate max up to the maximum?
About half (50%)LP tokens will be locked forever, how do the liquidity providers get their funds and revenues? How is it attractive for investors to be liquidity providers?
Great Defi projects have a team that is compact, experienced, and has special expertise in their fields. can you tell us that SPRAKLESWAP has all of that and what the future plans are for SPRAKLESWAP
am a crypto 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?
How will you manage the project and token to gain a place in the market and become a best token in the blockchain world?
The platform is “free for everyone to use, no registration fees or hidden costs. Simply create an account and follow our deposit instruction to get started in under 5 minuets”. A free platform is nice, so I have to ask those registration require KYC? And is there proof of payment for depositing/transaction on the Sparkle platform?
The site said no need to keep our Wallet open, first question, how does the platform accurately determine our loyalty reward is ours if we close our wallet?
Secondly, how secure is our wallet information when connected to sparkle? Are periodic security checks in place to ensure safety of funds and wallet info?
You only have these three phases of Sparkleswap Development, the ones shown on your Medium blog? That is, will it only focus on benefiting users who use its swap with its native tokens? or is there really much more to develop in Sparkleswap?
As Sparkleswap fully knows uniswap and will give full access to its users to all liquidity groups, then Sparkleswap will provide all this VIP information to users so they can enjoy the best benefits that very few know about uniswap?
How safe and reliable is it to exchange on Sparkleswap? And also, does it have a token blocking system? or is it exactly the same security and transparency that uniswap provides?
As Sparkleswap is a decentralized market creation protocol, does it mean that with it developers can create any other type of swap or exchange with co-characteristics that they want but based on uniswap? or is it just a fork of uniswap and voila?
As Sparkleswap is developed based on uniswap, does that mean that it also has a dapps that allows it to be operated directly from the telephone applications of renowned Dex wallets such as trust wallet? or that they have not developed yet?
Since the launch of the tokens it has only had an upward trend, reaching its highest point of $ 53.83, how do you plan to maintain that upward trend, when most investors return to use uniswap instead of Sparkleswap? or do you think its users are completely adopted?
For users the only problem with uniswap is the excessive amount of gas that we have to pay per transaction, otherwise it is super versatile, while for projects it is the ideal exchanger, but does it actually have other problems that we do not know? And therefore do you develop platforms based on it but perfected like sparkleswap? What would those problems be?
can you please explain about gas ? yesterday im checking your platform and want
to stake the liquidity pool token, i must pay gas for around $100.
what is Sparkle Loyalty solution about this problem?
Your project is a fork of uniswap and it’s like you have a direct relationship with uniswap. Can you explain the connection between uniswap and sparkleswap project? Why should all transactions within sparkleswap still have to be routed through uniswap before they are executed?
As a fork of uniswap, you should be aware of the high gas fee and uniswap rewarding system to liquidity providers and none to traders. Nowadays, more recent swaps are trying to shift the focus from rewarding liquidity providers alone to also creating a rewarding system for traders. Do you have any rewarding incentives for users and traders using sparkleswap? Do you offer kickback rewards for the trading activities on sparkleswap and if so, how are such reward/incentives determined and given?
I want to ask about your Liquidity Pool.How to calculate reward that i will get
from stake in your LP ? i just want to calculate before do stake to see if that
worth it or not. Btw how much APY did you set in there?
In your FAQ you mention that Rewards are not distributed until you withdraw all tokens from your loyalty account, thus completing your loyalty cycle. I am not totally clear on this… Does this mean that I can’t withdraw a portion of the rewards, should I withdraw everything so I can enter a new cycle? or what?
Is there any risk in leaving our money at Sparkle Loyalty? It sounds pretty interesting to leave our money on the platform generating interest, but I would like to know what kind of risks we are exposed to.
What are the different between SPRKL token that you have and your new token (✨ Sparkle) that just launched? Also any link to share about tokenomics, I cant found your tokenomics in your website?
All SparkleSwap transactions go through Uniswap. All token liquidity pairs are also routed through Uniswap. Earn trading incentives for token swaps routed through Uniswap.
I don’t understand your role. Did you just create the interface in a different color scheme and will you charge us a commission for it? Or what was it all for?
Sparkle offers an option to add daily multiplier to accelerate the rewards. How can I add this multiplier, does it require a kind of subscription with fee or holding/staking Sparkle tokens or what? And what is the range/limit for multiplying?
Are you planning to make your governance token and make people happy just like 1inch or Uniswap?
My loyalty is guaranteed to bring me rewards every day and I can withdraw my tokens at any time. As I understand it, this is 15% per annum? And is it free?
But you also have a loyalty booster.
Can I add a daily multiplier to speed up my reward cycle and increase my daily profit by an additional 15%? Should I deposit 0.2 ETH or 0.3 ETH once? How long do these accelerators last? Do I need to restart the process periodically? Please tell us in more detail, because everything is not very clear.
SparkleSwap is a decentralized exchange based on uniswap. What improvements do you bring? We’ve seen a lot of layer 2 solutions. I am curious to know what new do you bring
As per the request from the community, you have sent all teams allocated tokens to a multisig where it can be monitored on etherscan. I won’t ask why the community asked to do this. I’ll ask are you creating a DAO? Who has a vote?
Your staking system looks promising.How many liquidity pool that SPRKL have and can you please tell me how the stake system work? How to calculation reward that we get from staking?
You have two Twitter accounts @Sparklefinance and @Sparkletoken. Why is this separation?Or do different teams work for each area?
Neither your sparkleloyalty.io site, sparkleswap.finance site, nor Medium have I found a single hint of your team.
Is your team, like many DeFi projects, anonymous? But can you tell us at least something about these people so that we have an idea who is involved in this project?
And in what field are they specialists?
Users earn rewards with all trades they do on Sparkleswap, how is this system sustainable long term?
What is the role of SPRKL in SparkleSwap, is it a reward or utility token? How can we get it, and obtain revenues from it?
What are the benefits of farming and staking SPRKL, and what are the differences in revenues for each and in lock up times?
SPRKL farming is in Uniswap, is it expensive to farm this token as most of the transactions in Uniswap are? Even more now with the ETH bull run. Why did you choose Uniswap for it how is what benefitial for users?
The loyal points accelerator reminded me of pyramid-funded projects. As an investor, I am interested in how the invested ether works in the purchase of booster (0,1 ; 0,2 ; 0,3)?
I found SPRKL in my MEW wallet and Trust Wallet. Can I fully use SPRKL in my wallets without resorting to the Sparkleswap platform and get all the benefits of owning SPRKL?
Sparkleswap → Sprkl-v1 Reward router → Uniswap v2 router.What is the task of the Sprkl-v1 reward router in this chain?
What is the long-term protection for investors? Buying a 0.3 ETH booster is now$ 400 , in a month the price will drop to $ 220 and, accordingly, the income in Loyalty point in dollars will also decrease. What bonuses can you offer so that investors do not worry about their funds?
If am right users can only farm, swap and provide liquidity on uniswap only. Is there any possibility of Sparkle Finance exploring other platforms such as sushi swap, shashimi swap, Binance Smart Chain etc in the future?
As APY drops from each block reward reduction, how will Sparkle Swap continue to incentivize current and new users?
The menace of copy-forks of Uniswap/ or SushiSwap is high. Moving forward, what will set SparkleSwap apart from other copy-forks projects?