We are pleased to announce our next AMA on January 11th 2021 at 04:30 PM UTC Time: Satoshi Club x StaysBASE
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join StaysBASE Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 100 seconds. You can post Max 3 questions. StaysBASE Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about StaysBASE
For more details:
StaysBASE – @StaysBASE
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
For a person who is not sure what assets to invest in individually, StayBASE is a great option, since you “diversify” the investment from its heart, by basing your economy on three different markets. But I would like to know: besides people, is your project also an option for companies? what plans do you have for the business sector of the market? is there any initiative on your part for this type of client?
Although the three pillars of StayBASE are very well defined and established: the Crypto Market, the Global Stock Market and the Gold Market, will this always be the case or perhaps in the future some other market or asset will be linked to the price of your token? Don’t you think that the introduction of, for example, the silver market would make your proposal more attractive and interesting?
$BASE is essentially a token whose price is linked to the total market capitalization of the crypto currencies. What are the advantages of being connected to this model? Currently the markets are constantly fluctuating, what impact has this had on StaysBase?
StaysBASE incorporates the global stock market and the gold market. To provide a real foundation for their DeFi model, they have partnerships with expert gold mining companies and countries? What are the benefits of combining crypto coins and gold on a platform like StaysBase?
Cryptos and gold experts continue to debate whether it will be another 8, 9 or 10 years before “Flippening” occurs. So far, how has StaysBase dealt with the physical limitations of gold that continue to exist? On your platform, can I buy and sell gold virtually?
Do I have to kyc first to follow the $ SBS pre-sale directly on the TAPA and what is the total supply for the pre-sale, then are there rules to follow the pre-sale and is there a minimum? amount of $ SBS pre-sale purchases?
Can we know where the references are taken by StaysBASE to get an accurate gold / stock market value? and what type of oracle is used to set the price?
AMPL token which is also based on rebase has experienced a problem with the DEX smart contract. there is a numerical mismatch between the smart contract and the user’s balance. How can Staysbase ensure this will not happen?
Over the years, we have seen some crypto project with huge potentials but they didn’t give more attention to marketing… What is your another steps/plan to raise some awareness among crypto community about StayBase
I found an interesting word in your light paper which is price basis. You are trying to standardize all coins in cryptocurrency, the stock market, and gold. How do you do that? What things or instruments would you use to standardize these?
I think StaysBASE is a very interesting project. StaysBASE provides its users with many choices in investments such as cryptocurrencies, stocks and gold. With this many options it allows investors to diversify their investment which I think can reduce investment risk. But I am confused, isn’t it confusing to many users to choose which one? Especially new users or people just starting out investing. Do you provide information regarding these three things, cryptocurrency, stock, and gold?
When will your private sales token be held? Can I follow it? How to? Are there any special requirements such as token limits to participate?
Cryptocurrencies have been always subjected to cyber security breaches, and its a fact that many have fallen into the hands of hackers. How does StaysBase platform dealt with these persistent threats??and as a founder/creator of this project how can you manage if there are problems occur in your company like hacking?
I learnt StaysBASE already announced partnerships with JustLiquidity and Vox Finance. I understand that the partnership with JustLiquidity is to use their DEX (JulSwap) to conclude your first IDO project on Binance Smart Chain. But what major reasons are behind the partnership with Vox Finance?
– Why is it better to invest in “all-in-one” rather than one project at a time? Wouldn’t StaysBASE be influenced by global news and not by the development of the project itself?
– Does the StaysBase development team have any relationship with BASE team? Or did you simply take the BASE code and integrate it into the stock market and gold in order to come up with StaysBase?
– How can the StaysBASE algorithm maintain its “stability” in relation to the Total Market Cap of what it represents, taking into account that its fluctuation occurs every second.
Why did you choose three markets to base StaysBase on? Why didn’t you use less or more that three? What could’ve been different if you’d decided to use maybe 2 or 4 markets instead of three?
What initiatives are you going to take to keep all users to stay longterm in StayBase and to prevent going on Bear Market and lose Token value? Also, how would you solve this token value problem if it ever happens?
I noticed that there is no Roadmap to be seen on your page nor your lightpaper, what can you tell us about what you have planned for StaysBase after launch, or in general for this 2021?
In a few words, could we say that the staybasic token is based on the rise or fall of the crypto market, the gold market and the capital market?
Do you expect an exponential increase in the price of the token by the end of this year?
In about 4 or 5 years, could we say that the king of the crypto market will be the stay base token?
The price of StaysBASE is being pegged to the total market capitalization of three Markets; The cryptocurrency market, The World Stock Market and Gold Market. At the moment, these figures are around $1 Trillion, $85 Trillion and $10 Trillion, by this figures it is clear that the stocks market has a far more larger market capitalization than the other two, considering the fact that StaysBASE was created to be a more holistic reflection of the three markets, does SaysBase employ any method to help ensure that each of this markets equally affect the price of $SBS despite the stocks market having a more larger market capitalization here…
Can you Clarify how these three markets affects StayBase $SBS does the Movement in the market capitalization of these three markets affect just the amount of $SBS in circulation or both The Price and the Amount of $SBS in circulation… if it affects both the price and Amount of $SBS in circulation why will a rebase be needed if the market capitalization is already factored in the price of $SBS
The StaysBASE Project is said to be an upgraded version of the rebase protocol, and is based on the concept of BASE Protocol, What aspects of the BASE protocol is StaysBASE implementing in it’s project and what are the upgrades implemented in StaysBASE over the BASE protocol.
your are the first project that has built on Binance Smart Chain..is it only mean that the users will get faster transactions,more scalability and lower trading fees?can you ellaborate more on how using Binance Smart Chain will be more advantage and beneficial for the platform using it and its users?
If the price of the token is linked to the capitalization of cryptocurrency markets, am I guaranteeing users greater stability when buying?
How does StaysBase guarantee users to protect their assets from market volatility and protection against losses due to them?
As the prices of crypto assets are constantly rising, is the token price expected to be at the top of these markets?
The purpose of staysbase is a one stop trading tool, which allows traders to speculate on the entire crypto, gold and world stock market simultaneously, which is a good tool to determine how the total market value grows on a daily basis, but it also says it aims to be a stable pegged token, and we all know stable tokens aren’t good investment for traders looking to turn over for profit, so how then is it a good entry point for a newbie considering better interest yield, in any of the three markets stated above?
Offering 46.9% in private sale, doesn’t that leave the token at the mercy of whales? And doesn’t it defeats the “it could be a good entry point for someone who isn’t sure about which assets to invest individually on” purpose, if only 2.34% is left for the public? Why such a high percentage for private sale and that low for the public?
In these last 2 days I have visualized that Bitcoin, despite how firm it is, has suffered a decline, which is missing for people who often invest, due to the volatility of the market, what is offered by StaysBASE to reduce these market risks?
I understand that they reached 60% of the private sale cap. Thus receiving more than 60,000 requests from its whitelist. To achieve this large amount I assume that more than 1 investor reached the maximum cap, did you find duplicate entries? Did you sell over the top ?, explain why I see that StaysBASE got off to a good start
StaysBASE can also be used as Safe Haven while trading crypto or gold stocks. Can I use StaysBASE as an instrument in the market?, And at the same time as a token?, Explain me
StaysBASE is totally opposed to the principle of KISS (keep it simple stupid) It may seem interesting to have other markets that cushion the price when one of them is in decline… But what would happen when two of them have an uncontrollable fall? They would totally overshadow the other market even if it was rising, and all of this would be much more difficult to control than depending on one market. Did these scenarios take all of this into account? Are you sure that the remedy will not be worse than the disease?
How does StaysBASE handle the issue of your token’s volatility? Especially the first few years which are the most difficult.
StaysBASE token value is stablished by the total market cap of The World Stock Market, Gold Market and Cryptocurrencies, at what ratio is it determined? Could this ratio be changed in the future? Why did you decide it how it is right now?
When a token is ‘pegged’ to an asset it means that the equivalent in that asset is held somewhere ensuring that value. How do you back the value of StaysBASE, if it is settled by all the World Stock Market, Gold Market and Cryptocurrencies?
Would the assets that back StaysBASE be modified if they front a crisis that decreases the price, like happened with the real state market some years ago? Speaking of which, is there the possibility of adding other markets to the group of markets that set the value of StaysBASE, like Real State, and other precious minerals besides Gold?
By choosing Gold and the World Stock Market besides cryptocurrencies I’m assuming you think they are going to grow as much crypto is doing, what are your expectations for those markets and why did you include them?
StaysBASE is based on the concept of the project Base Protocol, taking it a step further from it by adding more markets besides cryptocurrencies, do you take advice from the team of BASE protocol? Are you in communication?
Q: Does the StaysBase Protocol team have any plans for the future to bring the $SBS token to the major exchange market and can you give me an overview of tokenomics or token Metrics?
About the rebase mechanism of StaysBASE, when the supply of the token increased, how is modified the value of the token, is new value added as well so the price doesn’t go down?
What is the utility of your native token StaysBASE ? Also what special features do you have or plan to implement that keeps you ahead of your competitors?
What is BASE fairness and transparency? What technology of BASE helps ensure fairness and transparency for users?
The StaysBASE Protocol acts as a unique trading instrument that allows holders to speculate on the cryptocurrency market, the global stock market and the gold market simultaneously. What would you do if 2/3 markets are unbalanced? That would affect the gold market
The way any altcoines currently look by tracking their price in terms of BTC or USD. This is an incomplete measure as it really shows the performance of the altcoin against a single currency in the crypto market. What is StaysBASE’s base strategy for maintaining standardized pricing? Under what premises does it address this problem?
On what basis is the StaysBASE price tied?
This will be my first BSC rebase project. Will I need BNB in my address for the rebase to work properly? Does every rebase deduct BNB ?
Is it true that StaysBASE was built for actual use as a standardized price point instrument that is a reflection of the three markets: Crypto, Stocks and Gold?
Does BASE TOKENS have any Coin Burn / BuyBack systems or any Token Burn plans to increase the value of tokens and attract investors to participate in investments?
What is the mission and vision of this # StaysBASE ? What is your main target for 2021 and for future development of the Project ?
What is the plan of #Staysbase to ensure sufficient liquidity on exchanges to fill market orders, especially as adoption increases and clients begin multiplying year-over-year for your Project ?
If there was a project that copied your entire platform and technology for development, what would SBS do? and how SBS solves it ?
You are running private sale. Can you tell us describely about that? Is there any extra benefits will we get if we buy from private sale instead of buying from Uniswap after listing?
Many crimes are committed in the world every day and people become victims. How does Your Project see the importance of crowdfunding and crowdsourcing, especially in solving incidents such as human rights abuses and mass fraud?
You believe in decentralization, that’s one of the reasons why you decided to implement your IDO in JULSWAP AND BINANCE SMART CHAIN later. Are you planning to list $ STAYSBASE on CEX too?
Currently attracting real users and mass adoption is a problem for Blockchain projects, How does #StayBase select companies for future partnerships? And How can #StayBase and its partnerships become a foundation to make market capitalization wider globally?
If StaysBASE is really tied to average cryptocurrency market capitalization, world market capitalization, and gold market capitalization, how does this project stay stable? What are its sustainability bases?
How is it possible that there is a relationship in gold that is a physical mineral, and in Cryptocurrencies that are totally digital currencies?
How can StaysBASE protect itself from drastic ups and downs in the crypto market, the gold market, or the global market capitalization?
If StaysBASE really aims to take advantage of the changes in all three markets, how do they do it? And how do they protect themselves against further losses? since they could get very high …
How has StaysBASE managed to be linked to the average market capitalization of cryptocurrencies, the world market capitalization and the market capitalization of gold?
In summary, what are the benefits that the “BASE” Token offers us, what are its main characteristics and for the next 6 months, how do you think it will develop in the market and in the distant Exchanges?
You mention that StaysBASE “goes one step further” than BASE, by pegging its token not only to the capitalization of the crypto market, but also to the capitalization of the world market and the capitalization of the gold market. What is the reason for this? Don’t you think it would be simpler and more predictable to depend on only one type of market, than to depend on so many markets and with such different behaviors?
when you mean Staysbase is a “more holistic reflection of the three markets”, what do you mean? Which Staysbase will be the nucleus of those markets? But do those markets need StaysBase to control them?
on your website you show multiple times that Stays + Base = StaysBase, I understand the sum, but what does this mean for the project?
I understand that the value of the tokens goes hand in hand with how adopted its functionality is, but in the case of StaysBase that has three different functionalities (three markets), how will its value maintain a stable trend? Why if the capitalizations of gold fall and that of cryptocurrencies rise, what position will the native tokens take?
understanding that it has various mechanisms that keep the tokens in great demand, so it will not be required to burn tokens in StaysBase, right? Or do you really have a% token burn too?
Staysbase really works with elasticity, rebase, synthetic and cascade mechanisms all at the same time, and if there are problems? Or does the algorithm really activate and block one of the mechanisms depending on the capitalization of the three markets?
With so many alternative token value protection, would it be impossible to be affected by a fall in the three markets? Or in the event that the Covid pandemic increases as in March 2020, could StaysBase be greatly affected? or how would you respond to this situation?
You can understand how the project works, but where is this project really headed? what end goal do you have? just be one of the most stable currencies? And where can I see the Road Map and the next activities that they will carry out?
Since the $ SBS tokens depends in a certain way on the capitalization of the gold market, does it mean that a certain amount of tokens could be obtained in exchange for physical gold? If so, where could this purchase be made? Or will all trading be on Dex exchange platforms?
What would happen to StaysBASE’s price if, for example, the general cryptomoney market rose strongly, and the gold market fell strongly? Would they be neutralized? Or what would really happen?
What is your opinion regarding this big rise in the price of BTC? Don’t you think this could end up taking a lot of investors away from other markets such as gold or foreign exchange? Would this affect the price of StaysBASE?
Depending on how long a user deposits their tokens in the pool, how does the liquidity provision affect the share they receive from the pool? How are Cascade rewards calculated in StaysBASE liquidity pool?
How does rebase work on the contract? How does Rebase create supply over price and reduce StayBase scarcity as Expansion Rebase and Contraction Rebase?
Why is StaysBASE working on Elastic Supply Protocol and how does StaysBASE affect the equilibrium state of supply? What are the advantages of the Flexible procurement model?
What are the future partnerships plans of STAYSBASE TEAM with other organizations? How will they manage to boost the value of STAYSBASE?
StaysBASE is pegged on the average of the Cryptocurrency Market Cap, The World Stock Market Cap and the Gold Market Cap. Can you explain how do you combine the statistics needed with the market data of these 3 markets?
What’s the ultimate goal of STAYSBASE. And what steps will be taken by the team in future(after IDO) to achieve the goal?
With the 3 markets that StaysBase are pegged on, the Cryptocurrency Market Cap is the most volatile one. How will you combine the data of other markets with crypto market which statistics changing every second?
Some of the mentioned StaysBase usecases on your website are; Borrowable Asset, Price Basis, Safe Haven. Why did you include safe haven and price bases on the list?
Why the presale price is 0.30? Exactly what made it 0.30 instead of 0.03 or 3? And why it’ll be 0.50 for public sell?
StaysBASE is based on the concept of Base Protocol, so how it works? What are the problems StaysBase is aiming to solve? Also what are some products and features you’d like us to see in your project?
What are the tokenomics of StaysBase? What are the products and use cases of StaysBase? Also who can buy & where we can buy $SBS Token? Is $SBS token a utility token or security token?
As 2020 comes to an end, What do you consider StaysBase to be your most important achievement for the past year and what are you aiming for the coming months? Are there new updates or strategies that will also benefit the community?
I see that you are the first rebased company that combine 3 market of Crypto Market cap, Gold Market cap and The World Stock Market cap. But how technically it work in real system? So for example if Crypto market dump like today 20% and Gold market also dump 20% , and World Stock stagnant 0%, how will be the rebase work?
After check your website, StaysBase project using BSC(Binance Smart Chain) I think this is the best way to prevent high fees that ERC20 have, other than fees problem, can you please tell me the reason using BSC and what is the benefit to StaysBase project?
Do Staysbase Token have governance system, how is your governance system work? Can community also give contribute to your Rebased system?
This will be my first BSC rebase project. Will I need BNB in my address for the rebase to work properly? Does every rebase deduct BNB ?
@Luka
The STOCKS MARKETS and GOLD are also very Unpredictable Markets respectively.
so,
Why did StaysBASE decide to pegged itself into these markets?
@Luka
What problems do you see occurring in the blockchain industry nowadays and how does your platform aims to solve these problems? What difficulties have been encountered during the development of $SBS?
@Luka
While BASE Protocol is referring to Crypto market, StaysBase refers to Crypto, Stock and Gold, so I think we can say StaysBase is an enhanced version cause crypto is only one subelement of economy which includes several ones. Therefore the effects of these subelements are not same. So why do you consider them equivalent and taking the average change in cap of three while rebasing? Besides, where do you get these change percents from, is your source a legit one?
You chose Binance Smart Chain for your project. Do you think this blockchain is good enough for such purposes? Why not the popular Ethereum?
What is the minimum investment in the current round of sale, how long will the crowdfunding continue and where is the IDO planned?
You are the first project on Binance Smart Chain with the possibility of rebase, which means that you will not have liquidity placed on UnisWap. On which dex will the IDO take place and how do you plan to lure users away from projects on the Ethereum blockchain?
What are the future partnerships plans of STAYSBASE TEAM with other organizations? How will they manage to boost the value of STAYSBASE
What’s the ultimate goal of STAYSBASE. And what steps will be taken by the team in future(after IDO) to achieve the goal? Please elaborate.