We are pleased to announce our next AMA on March 11th 2021 at 02:00 PM UTC Time: Satoshi Club x DeHive Finance
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join DeHive Finance Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 120 seconds. You can post Max 3 questions. DeHive Finance Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about DeHive Finance
For more details:
DeHive Finance – @DeHive_chat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
How could an Index containing tokens in the proportion determined by the economic equation help reduce the risk of price fluctuations, wouldn’t all tokens fluctuate in price later? Then how secure are the user’s assets stored on DeHive?
There are already huge number of project came in recent year which are also working on DeFi, But, whats the role of DeHive in DeFi and also What you actually want to build on DeFi?
After the product will developed, then the main challenges is adoption. What you have any plan to stimulate adoption and build out the ecosystem around DeHive?
Can you told me what is the benifit of DeHive and also what is DeHive provide to users?
Many have described the potential that NFTs offer in Defi as boundless and I can see that you have gotten “NFT index” planned for Q4/2021. With the increasing popularity of NFT in recent times, most work around it have circled round NFT artistic creation, minting, tokenisation and marketplaces but there is little or no work encompassing “NFT index”. How will your “NFT Index” development be implemented and how will such index be able to capture the economical segments of popular NFT marketplaces to ensure greater profitability? Do you also have plans to develop your own NFT and what function will it have within your platform?
You have described Dehive as the first fully decentralized Crypto Index that can help investors to gain maximum profit from the “entire Defi Market” just by holding one token, $DHV. This sounds too good to be true. What amount of $DHV should a user provide to the treasury when obtaining Dehive Index and what token portfolios are incorporated into this algorithmically-driven Index? How will the Index harness the benefits of the full basket of crypto-assets for $DHV holders (does it require lock-up or staking?) and how can these profits be redeemed?
Many are of the opinion that a token burn approach is necessary to ensure a deflationary circulating supply status of a token. However, you will not be implementing a token burn mechanism as you don’t think it will be necessary. Rather, the hard cap supply of your token which is 10,000,000, will be regulated by smart contract. Since $DHV is not an elastic token, how will you use smart contract to regulate supply and maintain the value and valuation of $DHV? Why do you think a token burn is not necessary?
1. Your MOTTO is ”One token – the whole DeFi market”. As we can read in your Medium, having one index carrying the power of the top DeFi tokens is the best idea in terms of securing and strengthening your underlying funds. But properly, how do you do this? What is the mechanism that purchases the underlying crypto assets to support the index? And based on this, can the protocol relieve an optimal strategy for staking and bring benefits from yield farming opportunities?
2. As it said in your Medium, the first step to use Dehive is to make an initial contribution in ETH. About this, how many ETH does it consists of? With the Ethereum high gas and fees, don’t you think this will complicate the facts for users? Is there a possibility to accept other tokens? And also somehow tangential to this: how could an Index containing tokens help reduce the risk of price fluctuations? Wouldn’t token value fluctuate later? In this case, how secure are the user’s assets stored on DeHive?
When you enter their official Telegram group and on their website I realized that they like bees and they have a lot of animations about them. So why did you decide to animate and display certain characteristics of the bees in DeHive? Is there a relationship between the way of life of bees and the approach or characteristics of the DeHive project?
There are 3 characteristics that define the speed and efficiency of DeHive: “BUY” in one click. “KEEP” in an index. “WIN” in a moment.My opinion is that the simple sometimes ends up being the most complex, so could you explain to me how they manage to be so simple and efficient at the same time? Does DeHive really make everything easier?
You mention that the coins are safely stored in the smart contracts while the user has full transparency of their asset balances. So how can something as simple as DeHive be so secure at the same time? Do they really manage to keep the full transparency of the users?
3. As one of our dear Moderator love to say – “Mass-Adoption” is one of the important factors that all sustainable blockchain projects should focus on to be more attractive in the investors’ eyes. Reading about you on your site, there is pinned that you plan to grant users access to operation on both crypto and Fiat currency market. Running such kind of service requires SEC regulation. Have you been regulated by SEC in this aspect? Do you have external auditors for your project? If yes, can you name the company name?
I could notice that DeHive is a in-house project fully developed by BLAIZE team which has 4+ years of experience in blockchain development, so, in your experience what is it that can be and can’t be done in order to lead a project to sucess in the blokchain market and how is DeHive different from other projects you’ve developed in the past?
According to your roadmap the first stage of this project will be concentrated among other things on tokensale rounds that will take place in March. Now it’s march, have you released a plan for pre-sale already? Can you provide details like the minimun and maximum contribution for public and private sale? What will be the soft and hardcap?
Considering that DeHive allow the usesr to Exchange their ETH to a underlaying asset, can you tell us how many underlaying assets are you able to use ? Just based on Ethereum or other chains can work too?
DeHive is the first DeFi protocol that allows the issuing of custom indexes. Can you guide us through the process of creating custom indexes? Are all the users of DeHive able to access any custom index as easily as with a native index?
The Q4 2021 part of the DeHive roadmap is about NFT Index. Can you tell us more about the integration of NFTs on your platform? Will the NFT Index work like the regular Indexes, allowing users to own NFTs of their preference by holding DHV? Or will it work differently?
It is necessary to provide DHV to the treasury when buying an index, but I read that in case that someone doesn’t have enough DHV, the protocol can offer an alternative. What does this mean exactly? What kind of alternatives are available for users who don’t have DHV?
By the end of March, DeHive team will be conducting its pre-sale event, so can you speak us a little bit more about it? How can we participate on it?
DeHive team claims that is working hard to create an Unique Protocol but can you tell us what is the innovation that you’re providing exactly?
The token distribution shows that 20% of the supply is destined to ” community incentivization, so can you please share us which are gonna be these Incentives?
The DeHive platform will provide the possibility of participating in the governance of the protocol by implementing a DAO governance as it will be applied here in systems that are customized, how can we know which customized system is the best to add in the future, they will carry a statistic or control of them since they are underlying to be personalized, apart from this how would they control the variable or fixed APY according to the performance?
There is a lot of difference between tokens with a good performance but that these are already listed on the platform and custom tokens in what you call Creation of custom index, my question on what you are based on or how the performance is carried out when a user does The creation of these custom indexes, how do you keep track of their performance in real time, how much would the% be since the tokens offer different APY / APRs, does your contract have the necessary support to avoid collapsing with all this data?
What do you think of the Latin American market and does your team have any plans to expand into Latin America? Currently cryptocurrencies have been booming, especially in countries with high inflation and cryptocurrencies are the best assets to use.
I noticed that Dehive incorporates oracles that verify the real prices of cryptocurrencies, about these oracles were developed by the Dehive team? Or are they currently associated with some recognized oracle like Chainlink or new ones like Kylin and umbrella ?
I don’t know if I am right but when I buy the $DHV token ,the protocol will work as a farm and give me passive income? How to calculate this farm yields and the income I will get ?
For this month of March they will make the pre-sale and public sale of your $DHV token but I do not know what exact day they will take place, could you tell me or this information is uncertain ? Once the sales are finished what will be the next step ?
DeFi experts are always looking for fresh opportunities for invest that seems RELIABLE, SECURE and TRANSPARENT precisely DeHive provides an opportunity to own a single token which ensures a profitable portfolio for the holder, how do you ensure to the community this investment has all the characteristics from above?
You mention that with DeHive “Maximize production”, but really that is achieved by making a small modification in smart contracts and that’s it? or really what is that “most optimal strategy” that they use? other chains could also use it?
Could you tell us what is the “maximum benefit” that the strategy implemented in the contract can generate? And that is the maximum that can be achieved in blockchain to make it sustainable, right?
I understand that to control fluctuation they will use an index containing tokens in proportion determined by sound economic equations, but will that only control volatility? Or will it keep the value of the tokens in a constant trend without being affected by the market?
I read on your website that one of the characteristics of your hive is that they provide a “Customizable cryptographic index”, but really what are the features that I can program and which ones not?
I understand that DeHive is fully developed and maintained by the Blaize team, but could the modifications to their smart contracts and other novelties really only be achieved on their chain? or could they also be used in other chains?
You say that in order to enjoy DeHive it will be required to make an initial contribution in ETH along with the amount of DHV token support, but really how much should that contribution be minimal?
I could see that in Q4 2021 they plan to expand to NFT Tokens, but will DeHive’s hive really be able to provide higher profits with NFTs as well? or how will they really innovate in this booming market of NFT?
Step 3 of your job is that ” The built-in oracles verify the real prices of cryptocurrencies “, but really which oracles are working with DeHive? Or do they really have their own oracle?
Can you share information about the structure of Dehive Finance’s Governances model? Do you have any voting mechanism and is it possible for community to give and share their idea? How did you make sure that your governance are fair & transparency?
I read that Dehive project dont have liquidity pool, so can you please tell us what is the use of $DHV token? What are your community possible to do with $DHV in your ecosystem ? What makes $DHV token important?
Around Q4 2021 , you plan to integrate with Avalanche chain and Polkadot ecosystem and you will initially set up on Binance chain from the end of Q4 2021 up to the beginning of Q1 2022. So, what is the reason of integrating in different blockchain? Why do you choose to integrate those blockchain? What advantages did you see from them that bring positive effects to the community, investors and Dehive ecosystem? Since you are planning in collaborating with Avalanche, Polkadot and Binance chain, do you already have negotiation with those blockchain as preparation for integration? Thank you
DeHive stored underlying currencies in the smart contracts of the protocol. Have you conducted 3rd party audit to ensure the investors that there are no maliscious content inside the smart contract?
DeHive protocol gives investors opportunity to wrap funds into a single crypto-hive full of top DeFi crypto assets. Can you explain how an index funds works and can give more returns? How are you managing the risk handling crypto assets which prices are highly volatile?
The DeHive tokenomics shows that 20% of $DHV total supply is allocated on team and further development. With that 20%, how many percent or $DHV tokens are allocated to the team alone and and will you lock it up for a certain period of time?
You said on your twitter Dehive is an ultimate DEFI Index and you also have NFT index.
Can you explain what is this NFT index about and its function on Dehive ecosystem? Do you also have marketplace to trade your own NFT?
Blaze, the parent project of DeHive, has extensive experience in developing blockchain applications. Now there is a hype on BSC. Please tell me do you have any plans to make a project on BSC? Perhaps DeHive offering an index of projects on BSC could attract a lot of fans.
Please explain in more detail how DeHive works? I transfer my ETH to DeHive, then the DHV does not go to my account, but goes to to the treasury for protocol development? If I want to sell the DHV I will be able to do so?
Then the protocol decides which basket of cryptocurrencies to buy? What algorithm is used to do this? Do you take data from Santiment or other historical price data?
How can I be sure that the system has made the right investment?