We are pleased to announce our next AMA on March 12th 2021 at 12:30 PM UTC Time: Satoshi Club x Stone
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Stone Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Stone Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Stone
For more details:
Stone – @stonefortress
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Where can we buy your tokens?
Which method do you use to calculate your marketing
asset invested in external projects?
How will you familiarize the customers with your market?
Your site still looks the same, the application information page is still empty: “coming soon”. So, what dramatic changes in development has STONE experienced since our previous meeting with you at the AMA in the Satoshi Club?
Do you have only one investor – Signum Capital? Do you plan to attract more investors and developers for faster development of STONE?
STONE launched the Alpha Test Mining program on March 5th. So, what results have you achieved so far? And could you tell us more about this program?
One of the weaknesses of other DeFi Yield generation projects is their weak Dev team. Who are the Dev team of stone? How strong are they and what is their experience on the DeFi ecosystem?
As a new user of Crypto, I find it difficult to understand Stone’s idea regarding the index services which is to have a risk optimized strategy and to be Sharpe Ratio efficient. What do you mean by Sharpe Ratio and how does it benefit Stone and its users?
During your last visit here on Jan 18, you promised to launch the alpha version of your project at end of Jan or early Feb. Just as promised, within that period and this your second coming, you have released the Stone Defi Alpha Test Mining for your protocol and it has amassed over $45 million as TVL in your UDST and USDC vaults combined. Tell me a little about this success story. How have you been able to drive adoption towards your product and gain investors’ confidence despite the fact that $STN is not yet available on any exchange? When is your TGE and when can we start to buy $STN?
On your page says that Stone will be built on Ethereum but then will change to Substrate, could you tell us what did you take this decision on making your platform this way? What benefits will this bring to Stone over a platform that is permanently on Ethereum for example? Also, when will the change to Substrate take place?
Your plan was to launch two new vaults (#aETH and #stETH) but you just released an update that this is going to be delayed in order to work on UI update and contract optimisation. What aspects of your contract are you going to optimised and how will this affect the performance of your existing vaults without causing a disruption? Also, when are you expected to finish up with these optimizations and when are these additional vaults expected to go live?
The approach of a project is expressed in a large percentage in its title, is there any story behind STONE ? why relate this symbolism of STONE to the project, what are you trying to convey to your users ?
One of the things that strengthens and makes a Defi project attractive, is to provide security to the users’ funds, STONE promotes that it is the vision of the project to achieve it, could you tell us what strategies you plan to use to give that peace of mind to all users? how sustainable and effective can they be?
Stone will be built on Ethereum and then Substrate to deliver the best value for users. May I ask why with the growing disatisfaction on Ethereum basically because of the expensive gas fees, it seems good projects like yours are still willing to build on Ethereum Blockchain. What’s so special and unique feature of Eth that others do not possess?
It is true that PoS represents the largest market cap with total POS at 108 BILLION USD, how will this help STONE, what do they expect to improve ? how will this alliance bring stability to stone’s performance ?
It is quite intriguing to me that when I entered to your website from my phone, I could see this full page of information about Stone, your partners, roadmap, everything. But when I tried to enter from my pc your website was basically empty, could you tell me why is that? Is this some sort of mistake that you have or is this a really clever marketing strategy? Speaking of, besides this AMA you are doing, what other plans do you have for your marketing?
You recently said on twitter that you will work on an upgrade with UI improvement and contract optimizations, because you want to provide a better experience to your users, could you tell me what IU improvements and contract optimizations are you planning to add to Stone and how will this changes be for better for your platform and users? Also, when will we be able to see those upgrades happening?
You recently announced partnership with Tidal Finance and I gathered that this partnership will help to provide smart insurance solution for users of your yield vaults. This is commendable since no one can guarantee 100% security. So, what should the users of your protocol do so as to benefit from the Strategic Investment security that will be provided by Tidal in case of unplanned incidence of hack or malicious attack? How will the Tidal risk pool be created to provide adequate insurance and what assets within the stone platform will be covered as result of this partnership?
Can you tell us a little about the characteristics that differentiate STONE and how solid do you think they are as a project?
is there a way for users to start earning rewards in the STONE mining program?
Can you tell us what benefits the new alliances that STONE has had offer?
To a project like you te community participation and Inclusivity are very importants, so How many community incentives do you have to take care of your community?
The Yield farming commonly is very hard to low capital users, is like a privilege of huge Capital users, so How Stone did solve this issue?
I have understood that stone is the first that bring Staking assets to Defi, so can you explain us why the staking assets are better to use instead typical DeFi Assets?
Your unique Yield farming mechanism is just available to the STONE token? Or also others cryptocurrencies can enjoy of your technology?
How does the Stonedefi team generate revenue to sponsor the project and expand it as the need may be?
Auditing cryptocurrency project is the order of the day as it increases the trust in the project…Has the Stonedefi project been audited before? If yes, kindly share details
How will you describe the performance of the project since it commencement, are you still on track with the set goals?
Stone has an “Anchor Rock Solid Yield Aggregator” that will switch between different strategies to harness the highest yield for the users, technically what methods are used to perform a yield optimized rebalancing of assets? How do you customize this optimizations to fit what the user seeks?
Cross-chain strategies are definitely in Stone’s agenda in order to bridge other chain assets to join Stone and generate yields, notwithstanding it is implied the concept of risk optimized yield index in this kind of transactions, how iw Stone reducing all the risks for the cross -chain compatibility?
In your blog I read that STONE has finished the code security audit by Peckshield for the aplha test mining program, what security features will the implementation of this code provide to users who participate in the alpha testing mining program, and what were the results of this audit? considering the high escepticism users commonly have, will you have further regular audits to this code?
STONE recently launched the alpha testing mining program, my question about it specifically is, has the testing phase met your expectations so far? in approximately how many time will we see a version that would be published for the public?
Could you explain and describe to us what new AMM mechanism being implemented and applied in Stone network to mitigate impermanent loss to protect user’s funds? How does this mechanism works in your platform? How does this new AMM become reliable in mitigating impermanent loss? Thank you
Stone is build with SOLID design protocol. So can you simply explain to us especially to not crypto expert about the meaning of SOLID design in your network? Literally, how does this protocol helps make a solid foundation in Stone network? Thank you
What are the STN ownership requirements in order to be part of governance when it is already active and fully decentralized?
I see a lot of ETH token variants exist or are in development, such as aETH, stETH, etc. Could you mention them all and where are they present?
Stone plans to support the largest networks currently ETH and DOT. However, in the future there will probably be other products as good or better. Do you have plans to expand your cross chain support to other products?
Will Stone have his own token, or at least a version of his token for ETH and DOT in order to carry out cross chain transactions?
Stone is recently testing his recent launch called #AlphaTestMiningProgram which contains USDC and USDT eETH and rETH can briefly explain the advantages of this new pool model that it offers with USDC and ETH, which are the benefits for investors that add liquidity and how does the USDC work with Stone is it really profitable?
Stone is currently working on a Vault which contains #aETH and #stETH what difference we found with this new update; This called aETH and stETH in the Vault have any difference in terms of profit / Time / withdrawals / fee than the previous ones since recently I announced in your channel an optimizations of the contract?
How is possible for Stone to leverage the capacity of both Sustrate and Polkadot?
What your definition of “Rock Solid Yield” and your strategies to become one of them?
Qualities of a Stone is said to be structured, hard, tough with workability; What concept of a stone does Stone Team platform represent, is there a structure for collaborators. Stone recently indicated interest in working on upgrade with UI improvement and contract optimization. I will like to know what this means to the community.
I’m curious about the figure of the STONE Golem, is this a method to incentivize your community? What kind of gifts can the users receive from him?
I follow your social media and I found out that they plan to make an upgrade with UI improvement and contract optimizations, what expectations should we have about this user interface improvements? Any new feature or options incoming?
You mention that DeFi can reach unimaginable levels of functionality, to the point that it will become the biggest focus of investment, but if so, stone has all the necessary features to support and take DeFi to those unimaginable levels?
One of the main characteristics of a “Rock” apart from its hardness, is its permanence over time, apart from Stone being solid, can it also be maintained for a long time with the best returns on the market?
The vast majority of DeFi projects seek to “maximize returns for users”, but could you really tell us what is the difficulty in increasing returns? Could it be that it has to have a maximum% so that it can be sustainable? or for some problem in algorithms or operation?
really, what are those experiments that STONE performs to verify that bets can be made on other types of chains other than erc20? Are they new tests or do all Dot chain protocols have to perform them?
In Stone’s audit report, they state that “the problems identified are confirmed and solved immediately”, but could you really describe what those problems were? already solved them? And were they originated by carelessness or by subjects that they did not know perfectly?
You mention that the STONE Protocol has “additional home strategies”, but could you really describe a bit of it? And really what makes it “homemade” as opposed to other strategies?
I would love for you to clarify the following for me, how long do you think the boom in high performance platforms will really last? could they be maintained over time only by increasing their% of performance? or can they innovate through NFTs and many more updates?
As I said in your audit “the characteristics of your smart contracts are still in an early stage but exciting development”, could you really tell us how long it will take for Stone to be available to all users? Also could you provide us with the Road Map?
Don’t you have any plans on bringing or connecting STONE on Binance Smart Chain like many projects are doing today? I’m searching for articles or announcement about it but I can’t find any.
Stone is not a tool, but a movement, to build a smarter and safer yield farming practice, to build the yield management protocol you want to see and with the community you want to build. Also STONE is built on SOLID Design Principles, so can you elaborate with us the SOLID principles for Stone?
Yield farming sucks for regular people like high gas fee, only economically viable with large capital, one simple mistake could wipe off days of hardwork (rug pulls, scams, bad smart contract and security concerns). So why does DeFi need Rock Solid Yield? Also what are the Current Problems With DeFi Yield Generation that STONE is aiming and trying to solve?
Stone sees liquid PoS Yield Farming as an attractive strategy to bring onto the platform and the first strategy that you will put into execution will be Ethereum 2.0. So could you provide us more details about on how Stone can technically and economically bring POS farming to the users?
The first 2 STONE vaults released are USDC and USDT vaults due to the high demands. These are stablecoins vault but when will you release vaults for non-stablecoins? Do you have initial list of tokens or coin vaults that will be release soon?
I see that Hillrise Capital also joined Stone Alpha Test Mining Program. As ordinary user i am always afraid that whales will take all profits and i will stay with crumbs from their table. Tell me please if there is any chance to join your program with small amount of money? Which advantages i will get if the answer ‘yes’?
Lately you’ve reached awesome progress with TVL of USDC vault reaches $26 mil and TVL of USDT vault reaches$15 mil since alpha launch. But as i see aETH and stETH Pools launch is delayed. What is the reason of this? Which Pools launches we can expect later?
I see that Stone partnered with Tidal Finance. They will provide premium insurance coverage for assets on the Stone platform in the event of potential hacks and malicious attacks. Also, audit for Stone is completed. I like your steps forward security. Which step is next? Or you think Stone platform is 100% secured? Didn’t you think about any bug bounty?
How long Stone Alpha Test Mining Program will last? Can users join anytime or it’s already late to start? How will rewards be calculated?
1. In your audit made by PeckShield on your Protocol, they found so far a list of potential uncovered issues of varying severities that need to be brought up and paid more attention to, including 3 medium-severity vulnerabilities: Reentrancy Risk in yVault; Incompatibility with Deflationary/Rebasing Tokens; Suggested Governance-Restricted earn; Costly yVault LPs from improper Liquidity Initialization; Revisited Assumption on Trusted Governance. That being said, as a potential investor and user, the question that appears in my mind is: did you fixed them? What countermeasures have you taken to mitigate these issues, in order to make the users emphasize your project? How sure we can be of its functionality and interoperability?
2. Reading about your tokens, just like other yield aggregators, StoneDefi has its own native token which is tied to most activities carried out on its platform. The Stone token or “STN” has a variety of functions that ensure smooth participation and exchange on StoneDefi. Besides this, I want to ask how do you plan its distribution in order to prevent the devaluation of STN? What methods will you apply: ”Buy-back-to-be-burned” or will you release another secondary for this, which will have the otherwise effect?
The key point in Stonedefi is the understanding of Stone Vaults.Greate us to figure out what includes Stone Vaults and how users can interact with them
3. I noticed about you been written in Boxmining. Those guys are really awesome and they are describing your project as being one that has explored a number of alternative farming strategies, in order to ensure stable and maximum yield to users. One of Stone’s more progressive strategies is staking in liquid assets. What is the way developed by you to create a flexible redemption for rigid PoS stakes? On what platforms it can be applied and is there a way that as a user I can redeem locked tokens?
What actions are taken by the Stone protocol to minimize the risks of investors? How is the reliability and stability of the pools and, accordingly, the profitability on your platform achieved?
Last week Stone project just launched Alpha Test Mining Program, so we already possible earn from mining, will it reset if there an error? What other we possible to do beside mining?
I hear from your new alpha launch you have incentive reward program to help set up STONE’s TVL. Can you explain how your incentive reward system work? And what is STONE’s TVL?
Stone Golem want to distribute STN tokens into the strong hands of STONE supporters and also have Special Gift for for their holder, do all your holder possible to receive this gift? What is the requirement? And also can you explain about when is STN reward vesting will be distributed?