AMA Satoshi Club x Apollo Protocol , February 16th

We are pleased to announce our next AMA on February 16th 2021 at 02:00 PM UTC Time: Satoshi Club x Apollo Protocol

⚠️Click to see the hour
⚠️Total Reward pool: $1000

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Apollo Protocol 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 120 seconds. You can post Max 3 questions. Apollo Protocol Team will select 10 questions and answer them.

Part 3: 800$ – A quiz about Apollo Protocol

For more details:
Apollo Protocol – @ApolloProtocol
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

69 thoughts on “AMA Satoshi Club x Apollo Protocol , February 16th

  1. If it’s stable coin and one dollar… does it makesense for tokensale.? Rather buy from exchange

    hope this will not be of the same mechanism of DSD.. coupons to burn and get price above 1 and coupons expiration..

  2. Need tokenomics plz.?

    We already have many stable coins, how does this standout and what problem does this solve than others.?

  3. What criteria were used to pick assets for AOX basket? What risk profile was taken while creating this basket (low,medium,high,veryhigh)? What are you thoughts regardgin your product in terms of incoming global economic crisis (‘AOX will adjust with future global economic landscape’) ?

  4. Apollo Protocol is an interconnected ecosystem of stable, value and share tokens. You’re also expected to launch on BSC, so what are the key differences between Apollo and the bDollar ecosystem? How will you compete against their success?

  5. If $100 are locked into your DAO at a 55% reward distribution cut, how soon are you forcasting a full ROI, if we’re assuming your DOA is stable at roughly an avg 30% circulating supply being staked?

    The Apollo Protocol 1-Pager states initial mcap at $814,500, yet other sources state $1.3million. Which figure is correct and can we expect a final updated tokenomics page?

  6. In order to enjoy ur project privacy it is necessary to swap my ERC20 tokens to the ur project network? That is, will you work with an internal network or how will you avoid the tracking that the ETH network allows?

  7. Can you explain more about the ambassadorial programme?
    How would the ambassadorial programme affect the project?

  8. How Do you planning to promote your project in different countries, wherein English is not spoken well? Do you have a local communities for them to better understand your project?

  9. What inspired the creation of Apollo, is it actually difficult to start it? Which companies do you think are potential partners, and to a certain extent they are good for the user base and Apollo itself?

  10. On Apollo’s Twitter profile I could see that you have decided to establish a partnership with Xstable, but you haven’t given much more details about it. How do you expect your collaboration with this synthetic stable currency protocol to help your development as a project? What will be the main aspects of Apollo that will be improved thanks to this?

  11. Regarding “OFF-RAMP”, its function is to mitigate any oversupply and also gives the community the possibility to participate in decision making and governance within your ecosystem, in relation to this last point, how exactly will your community be able to participate and have positive feedback with you, and by where?

  12. It strikes me that one of the elements to which Apollo hopes to anchor the value of your token is natural resources. How could the price of AOX be affected by the variations of some important natural resources for the world, such as oil? What resources would you include among those that would be used to give value to your token?

  13. APOLLO intend to solve some of the problems of algo-stablecoin by introducing two stablecoins $AOX and $AOY which you have described as the gold standard of stablecoins. There are several stablecoins but some of them have their limitations. For example, USDT is undercollateralized, DAI is overcollaterized but offers little incentive for liquidity, USDC which appears to be perfectly pegged but has no growth incentive, AMPL and ESD have their own shortcomings. What model is APOLLO stablecoins going to use to overcome these challenges in order to be a reference standard for stablecoins? How are these two tokens different from your third token $AOZ and what role will $AOZ play as you intend to expand from Ethereum into BSC after launch?

  14. Popular stablecoins such as USDC, USDT, DAI and some others may have their flaws but these coins have been able to secure users trust over time as a result of their operational proficiency and security direction. Your project is set to launch on 17th of these month, but the audit of your protocol is yet to be made public. Will you still be going ahead with the launch? Can you assure investors that the fantastic innovations you are bringing to solve algo-stablecoin problems is safely backed by a secured and certified system that prioritise security and safety of investors?

  15. APOLLO started as a decentralized charity for cancer research but now your Long term goal is to become a decentralized bank. As an assistant professor of medicine, do you still intend to pursue your interest in blockchain adoption for fundraising and healthcare integration? Will your focus now be on the money-making aspect of crypto or you still intend to combine humanity and charity services together with the monetary benefits that are up for grabs in the decentralised world of crypto finance?

  16. One of your main partners is Binance Smart Chain. What are the projects you are planning to work together on so far? How will Binance help Apollo emerge and get noticed among this wave of DeFi platforms? Will your yield farming model be based on BSC?

  17. “One of the best parts of DeFi? Farming!” This is one of your recent tweets made. What has been the farming protocol that Apollo has built to revolutionize all the concepts and paradigms that have been built on yield farming so far? What aspects are improved within your platform? What is the APY obtained by farmers?

  18. The main slogan of Apollo’s website is “STABILITY THROUGH EXPONENTIAL GROWTH”. My question is, what are those innovative strategies that you have included in your project so that the growth graph is always just as your slogan promises, exponentially? When using this model, how do you guarantee this stability?

  19. In your whitepaper it’s mentioned that Apollo aims to be the solution to the collateralization of DeFi through a model of true seigniorage, what is the role your token $AOY initially pegged to $USD for achieving a sucessful model as its described?

  20. For april, Apollo will improve to a “gamification” feature, what does it mean? can you explain more details about this future improvement?

  21. I want to highlight one of the objectives of Apollo to become a self-governing solution. Many innovative governance systems are releasing but community is always the center of all it. Where resides the power in Apollo Protocol? How is it self-governed and self-sustainable?

  22. Apollo is giving a reliable choice of stablecoins pegged to FIAT currencies with stable metrics, nonthless, will you stablish a bridge to easily exchange the profits obtained to FIAT currencies in a secured and autonomus way?

  23. Why is your stablecoin project called Apollo? Is it related to Greek mythology, or is there another reason behind the name?

  24. I see that your team is made up solely of men, which is striking in a world where women’s rights are actively defended. Do you believe in gender equality? Is it a coincidence that your team is not made up of a woman?

  25. If I am an investor and looking to support the project, should I keep AOZ token? Where can I access them and what requirements are required to participate in governance?

  26. Could you explain in more detail the operation of the 3 tokens that make up the Apollo ecosystem? Can we have any of the 3 in possession, even if AOY is the most interesting and “totally stable”?

  27. How does Apollo achieve “stability through exponential growth”? How do they grow exponentially? Do they really achieve adequate stability?

  28. What is Apollo’s relationship with the Binance smart chain? What are the benefits of apollo median binance users?

  29. What is the difference between Apollo Protocol from other project-protocols? Does Apollo really make a big difference compared to other projects? What do they actually offer their users?

  30. is it really possible to obtain exponential growth and at the same time remain stable? How is it possible to achieve it with Apollo Protocol? And why haven’t the rest of the blockchain projects been able to?

  31. Could you tell us a little more about why stable currencies have only been able to be maintained in centralization? And why can only Apollo do it on DeFi?

  32. really the only way to achieve stability even in stablecoins is by implementing three different tokens with different uses? There is no other way? Or really why use AOX, AOY and AOZ?

  33. If there really is a solid stable currency like the Theter (usdt), why develop another decentralized stable currency? What are the problems that Theter has that Apollo solves?

  34. Could you give us a little detail about the availability and distribution of each of the Apollo tokens? In addition to what is their utility and in which exchange platform can we buy them?

  35. The vast majority of stablecoins have the value of 1usd, will it be the same in Apollo Protocol in each of its tokens? or will each have a different value from another FIAT?

  36. the blockchain volatility solution developed by Apollo, can it only be implemented in stable monchain? Or could it also help other coins and tokens to minimize their volatility in the market?

  37. If the least insertive tokens are stablecoins, then why is Apollo considering developing a stablecoin instead of one with higher volatility in the uptrend?

  38. The two main goals of Apollo are true seigniorage and growth decoupling, terms that many of us are hearing for the first time. Could you please explain to us that this, how it is being realized right now in traditional finance and how Apollo intends to revolutionize it through Blockchain?

  39. Apollo Protocol has 3 tokens: one that holds the maximum stable, the other to absorb all the volatility of the market, and the third token acts as an intermediary. Can you please explain to us how each one works? Mostly I would like to know how they relate to each other to fulfill the goal of providing stability and preserving the value of our money.

  40. Can you gives us some analysis of how the AOX,, AOY,, and AOZ are associated to each other?What are their utilities..Can you also provide an illustration,, if some investors want to acquire or buy in ramp token AOX?

  41. The Apollo website shows some names of companies / institutions. Are all those companies already have a working partnership or cooperation agreements with Apollo project?

  42. Seniorage is a system that utilizes two tokens to create a stable currency. Why is that I found on the Apollo Onepager the presence of 3 tokens not just 2 tokens within the Apollo system; The AOZ, AOX, and AOY tokens.? Which one is tradable on exchanges?

  43. Apollo has 3 kinds of tokens namely $AOX, $AOY and $AOZ. So can you explain the tokenomics and governance of this 3 tokens? How it will become valuable and usable in Apollo ecosystem? What is the different use of this three tokens? Thank you

  44. Apollo Project actually already become 3rd generation of Stablecoin. as we know from existing stablecoin, they also have several issue for example DAI have growth incentive also can be overcollateralized but DAI undercompensated, the other is USDT who have issues with under collateralization, and USDC that totally collateralized but have no growth incentive. so how about Apollo Project Stablecoin ? how do you manage all this stablecoin issue and try to become the perfect stablecoin ?

  45. I have read that APOLLO’s long-term vision is to provide decentralized loans and in the Roadmap you’ll be launching soon DELPHI as your collateralized DeFi lending platform. So may we know in advance how’s the process of your lending program and how it works? Also if possible, can you explain in advance what DELPHI is and what important role it will play in your ecosystem?

  46. Decentralized finance and blockchain technology was meant to provide solutions to the many problems facing traditional finance including lack of transparency, centralization,
    corruption, inefficiency, manipulation, volatility and large overhead costs. So for you, what is APOLLO’s solutions to these kinds of issues and weaknesses?

  47. APOLLO’s long-term vision is to provide decentralized loans with your fully collateralized DeFi lending platform and for Short-term, you have created a
    “true” seigniorage share model with Apollo as the first 3rd generation alalgo-stablecoin. So may we ask how do you achieve Elastic Supply and Seigniorage? Also what problems does APOLLO intended to solve?

  48. Can you please describe about What are the connection between your token $AOX, $AOY, and $AOZ including
    explain to us what are the main utility of each of them ? maybe if possible you can give a simple example
    what can be happen after user begin to purchase them.

  49. One of the major limitation noted with rebasing token has been that the simple supply-demand curve does not contain two solely dependent variable. What solution plan does Apollo have to solve this? What benefit can be achieved in the stability of the supply-demand curve?

  50. Apollo Growth is tied to a new, weighted basket of diverse stable assets, including the 7 major fiat currencies, the GDP of the 7 richest countries, and 7 highly traded commodities. How do you hedge against a sudden swings in commodity prices, or a financial crisis in one of the countries in the basket? How stress-resistant is this approach?

  51. I saw a comparison table of solutions to the volatility problem, which indicates that you have collected all the best from other projects and added some of your exclusive solutions. Tell us about the tools that Apolloprotocol will use to level the high volatility of assets and keep the price of a stablecoin

  52. I read that Apollo Protocol already doing collaboration with Dollar Protocol, what agreement that you sign and how is the result from that collaboration? Did you also already have partnership with other project?

  53. So many coins AOX, AOY, AOZ )
    Stable coin AOY is not for sale (only for technical use in protocol), but AOZ and AOX si for sale. Is it correct? Why do you choose that model?

  54. Please clarify the example described in the documentation.
    1. JD has decided to perma-lock his $100 AOX for rewards
    2. The price of AOX has increased to $2.00 due to market
    pressures
    3. Now in a 30-minute epoch he has gained 1.65 AOX currently
    valued at $3.30
    As a result, the reward becomes 396 AOX valued at $396
    Question– what is the price for a 30-minute epoch equal to 1.65 AOX, if the price in this example increased to $2
    And if the reward is 296% in 5 days, this will represent a lot of pressure on the price, and as a result, the price will not be able to grow but will be negative.

  55. Exploring your Whitepaper, I found a diagram that have 3 tokens: $AOY, $AOX and $AOZ, so can please explain us that diagram and the interaction of each token on it?

  56. Considering that your token obtains value through assets with a stable growing, can you tell us which are the assets that you use to give price to the $AOX ?

  57. In one of the examples (example C in the documentation for White paper), you are talking about buying an option to earn money on a falling price. I couldn’t find a link to get learned about such a platform.
    Do you have a ready-made web-interface for trading AOX, AOY, AOZ, and options described in the example above?

  58. In your website doesn’t says anything related to “swaps” or exchanges available, so what are the ways to obtain the $AOX right now ?

  59. I read that KYC is required. But I didn’t understand, it is required to purchase any of AOX, AOY, AOZ or just for AOY. And how will you distribute the coins, because on many exchanges if personal trading is 1 – 5 BTC, the KYC is not required?

  60. Apollo’s growth token (AOX) will be an ERC – 20 token with a mint and burn function. Looking forward to future expansion, will other tokens be considered like TRON. What major advantage does ERC – 20 offer to Apollo’s growth token?

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