Month: March 2021

We are pleased to announce our next AMA on March 29th 2021 at 12:00 PM UTC Time: Satoshi Club x Arianee

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Arianee 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. Arianee Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Arianee

For more details:
Arianee – @ariafyi
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on March 27th 2021 at 12:00 PM UTC Time: Satoshi Club x MultiPlay

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join MultiPlay 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. MultiPlay Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about MultiPlay

For more details:
MultiPlay – @Multiplays
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Educational task of Satoshi Club drives us to acquaint you with all new projects. We were delighted to welcome our guest from Vlad.Finance. The AMA took place on March 23rd, 2021 and our guest was @DeFiVlad.

The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.

Part 1 — introduction and questions from the Telegram&Bitcointalk community

Gold Rocket | Satoshi Club: Hello, dear Satoshi Clubbers! We are pleased to announce our AMA with Vlad.Finance. Today our guest is @DeFiVlad!🧛‍♂️

Andrés M. | Satoshi Club: Welcome to Satoshi club @DeFiVlad

DeFi Vlad – Head of Vlad.Finance: Hey guys! Excited to be here today

Gold Rocket | Satoshi Club: Thanks for joining 😉 how are you doing?🧛‍♂

DeFi Vlad – Head of Vlad.Finance: Very good..Thanks for having me

Gold Rocket | Satoshi Club: we’re a little excited too. not every day Vlad himself comes to AMA 🧛‍♂😁

Andrés M. | Satoshi Club: It’s an honor for us

DeFi Vlad – Head of Vlad.Finance: Haha… yes the meme is strong in our community

Gold Rocket | Satoshi Club: If you are ready we have a standard procedure😁

DeFi Vlad – Head of Vlad.Finance: Our community realised we could have a serious defi platform but have fun at the same…we all sit in fron our computers all day…why not smile and have a good time while you are at. itready when you are!

Andrés M. | Satoshi Club: And please give us a short introduction about Vlad.Finance

Gold Rocket | Satoshi Club: To begin with, please tell us a few words about yourselves and how did you get to be involved in crypto & Vlad.Finance?

DeFi Vlad – Head of Vlad.Finance: Sure.. So while I am ANON on this project..I have been working in the industry for many years. I am a consultant on a few projects that all of you would know…and I was CTO of a old project some of you might remember. Currently I am involved with a few fintech projects besides VLAD. VLAD began in a moderators group on TG..The admins of the DeFi Safety group DefiYield.info. I have been admin there for a long time and we have been fighting rugs and scams in DeFi. Our admins started to talk about all the bad projects and scams on BSC and figured we could do better. I joked…i should start $VLAD

Gold Rocket | Satoshi Club: Notable names👍

DeFi Vlad – Head of Vlad.Finance: it snowballed and became a project..We looked at various models but it came together really quick. we had no idea it would go viral on the first day and grow the way it did

Gold Rocket | Satoshi Club: We can say that you are in the right place at the right time.😉 So we quickly formed a real team…worked out how to take our meme coin and build a real BSC platform for the long run

Gold Rocket | Satoshi Club: Sounds good 😉

Andrés M. | Satoshi Club: Why did you choose the BSC platform?

DeFi Vlad – Head of Vlad.Finance: Great Question..BSC is a much easier place for small projects due to transaction fees. Even deploying smart contracts is less of a hurdle on BSC. The other part is we felt it would be easier for smaller defi users to participate and that was important for me. I did not want to create a platform for whales

Andrés M. | Satoshi Club: I agree with you my friend, great decision

DeFi Vlad – Head of Vlad.Finance: Yes. I think all of our choices are made to help build community of all wallet sizes. I know we have many small farmers enjoying the platform with just a few bucks. Everyone is welcome at Vladhalla! lol

Andrés M. | Satoshi Club: Thank you for that great introduction, let’s proceed with the first question of this part of the AMA. Are you ready or do you want to add something?

DeFi Vlad – Head of Vlad.Finance: go for it…im excited to see what questions you have for me

Q1 from Telegram User @Lostcoin1

What motivates your choice behind the NFT artists you are selecting for Vlad? Do you see yourself choosing more famous artists in the future? It could be cool to onboard known/famous artists that have never made NFTs before.

DeFi Vlad – Head of Vlad.Finance: When we started the project and decided to add the NFT platform. I had no idea how to find artists or what kind of art to do. It was a great learning expience.. What ended up happening is I just started talking to anyone who would listen. At first when I would say..Hey, Im from VLAD and we need art based on a PEPE DRAKUL.. not alot of people would listen to me…However as the project matured it got easier. Artists started to contact me and known artists started to take my calls.

Eventually we found a path by working with establish unknown artists who were looking to get into NFTs and some known established artists who i convinced to make some amazing art. The first collection features 3 works by a “known” NFT artist and 7 by unkown artists. In the near future we will continue blending known and unknown artits… in the long run the artists will be curated by VLAD holder… #alpha

Andrés M. | Satoshi Club: Please share with us some of those works 😃

Gold Rocket | Satoshi Club: this is quite competent marketing you did it 👍

DeFi Vlad – Head of Vlad.Finance: Ok one moment please

This piece for example was done in collab with two artists. One did the painting and the other created the effects. its one of two different Gates of Vladhalla pieces. Ill share another one. moment please

Gold Rocket | Satoshi Club: Very nice😍

Andrés M. | Satoshi Club: Wow I like the concept

DeFi Vlad – Head of Vlad.Finance: You can ask next question while I download the next one

Andrés M. | Satoshi Club: For sure. Thanks for share those pieces of art👏

DeFi Vlad – Head of Vlad.Finance:

Gold Rocket | Satoshi Club: I think what you are doing is unique. tell me how you protect copyright. is there copy protection for these works of art?

Q2 from Telegram User @johana0012

The doors of Vladhalla will open through your market very soon. Bringing the best NFT art on the BSC Network. Can you explain the relationship between the first Genesis NFTs created by emerging artists on Binance Smart Chain with $ VIDA?

Andrés M. | Satoshi Club: A question in relation with that we was talking about

DeFi Vlad – Head of Vlad.Finance: So due to timing of project and how it started and several other factors. The first collection of NFTs are purely artistic at this point with several rarity tiers. Due to timing and complexity we were not able to add utility to them at launch..However the team is focused on utility based NFTs in the future and its my intension to bring untility to the most rarest 1st edition NFTs at some point. all our art is unique…I worked directly with artists to make sure they are unique and fun and different…no copy right…I think with NFTs it doesnt matter if someone steals it..Only our NFTS will be created from our account and the NFT owners will know they own the original

Gold Rocket | Satoshi Club: Yes! you still have a lot of work👍

Andrés M. | Satoshi Club: Yes, that’s the benefit of NFTs, all of them are uniques in the blockchain

DeFi Vlad – Head of Vlad.Finance: we havent even released teh full internal roadmap…there is sooo much work left to be done..Hopefully the community lets us keep building and building

Gold Rocket | Satoshi Club: It’s good that you think about it. We are at the moment of the birth of a new crypto art. 😊🚀

DeFi Vlad – Head of Vlad.Finance: The Vladiator community wanted me to share one more piece. it hasnt gone through our post production effects yet so the final piece will look different but they love it as it is already so ill share

Gold Rocket | Satoshi Club: With our pleasure

DeFi Vlad – Head of Vlad.Finance:

Golden Pepes Drakul

Gold Rocket | Satoshi Club: i like this one😁. golden mustache suits him very much 😁

Andrés M. | Satoshi Club: So, what is your main target for 2021?

DeFi Vlad – Head of Vlad.Finance: Great question… Right now our team is focused on:

1st edition NFTs

2nd edition NFTs

MarketPlace launch

3rd edition utility NFTs

We are working on the marketplace to have liquidity in every NFT so that users can sell back to the marketplace without waiting for a buyer… #alpha

Andrés M. | Satoshi Club: Great targets for this year, it’s seems that you will be really busy😁

DeFi Vlad – Head of Vlad.Finance: That’s our target for the next 2 months lol. After that I have even more items planned but let’s not get ahead of ourselves. It’s a ton of work to get thru as it is

Andrés M. | Satoshi Club: For sure my friend. Then, are you ready to proceed with our next question?

DeFi Vlad – Head of Vlad.Finance: Yes please

Q3 from Telegram User @Michelth

Users can choose to be liquidity providers (LP) in different pools and all of them reward LIFE. Could you detail the pools and their respective yield multiplier for farmers?

Gold Rocket | Satoshi Club: We wish you strength and immortality as written on your website💪😁

DeFi Vlad – Head of Vlad.Finance: Yes we have 4 pools on our website app.vlad.finance

VLAD-bUSD x 10

VLAD-BNB x 10

LIFE-bUSD x 4

LIFE-BNB x 4

They all earn LIFE rewards. you can use SUPRA finance vaults to autocompound or Friction.Finance to earn TAO

Andrés M. | Satoshi Club: Btw, congratulations Satoshi Club community, we are 50k members 🥳

Gold Rocket | Satoshi Club: Congratulations 🎉🎊👏

DeFi Vlad – Head of Vlad.Finance: Noticed that too! Congrats!

Andrés M. | Satoshi Club: Is there a mobile app planned?

DeFi Vlad – Head of Vlad.Finance: We will not create a specific mobile app for VLAD.. As a DeFi safety guy at heart…doing Defi on your phone might sound fun..But boy does that leave you exposed…in real life..phone loss, accidental screen touches etc!

Andrés M. | Satoshi Club: That’s true, a phone doesn’t provide safety at all

DeFi Vlad – Head of Vlad.Finance: I think our site works in mobile and you can interact, however some users have said that our music player is not optimal on mobile

Andrés M. | Satoshi Club: Thank you, the group has growing with the help of amazing projects like yours👏

Thanks for the clarification

Gold Rocket | Satoshi Club: Safety first👍 @DeFiVlad Speaking of safety, by the way. Are you planning an audit of smart contracts?

DeFi Vlad – Head of Vlad.Finance: Yes we are… With our partnership with Friction.Finance we will get reviewed by CERTIK. Due to our community engagement we will also get a DefiYield audit ( most important for me! best auditor there is!!! ) I also talked to Solidity about an audit which they will do as soon as our marketplace contracts are done. They are great guys there..I have butted heads with them before  over some bad projects that got by their team but they admitted to past issues and changed how they operate now and I think they are doing a great job.

Andrés M. | Satoshi Club: Congratulations, a great step to generate user trust

DeFi Vlad – Head of Vlad.Finance: My focus the past year or so has been DeFi safety….so protecting our own users is priority #1

Gold Rocket | Satoshi Club: excellent selection of auditors👍 thanks for the answer! Ready to jump on to the next question

DeFi Vlad – Head of Vlad.Finance: yes

Q4 from Telegram User @Brainchest

Seeing the picture of the Bank of Vladhalla in the article on Medium, I thought it not only sounds very cool, but what if there will be a DeFi project with the ability to buy tokens directly from my card?

Question. Do you have plans to make a fiat gateway to buy and sell for fiat earned tokens or NFT?

DeFi Vlad – Head of Vlad.Finance:

Gold Rocket | Satoshi Club: Lol… How many more aces do you have up your sleeve?😁

DeFi Vlad – Head of Vlad.Finance:

Another great question…So like I said I am involved in Fintech projects apart from VLAD. Creating fiat on and off ramps is not easy!!!

Gold Rocket | Satoshi Club: I cannot catch you by surprise. You have nft for all questions 😁

DeFi Vlad – Head of Vlad.Finance: The regulatory hurdles are insane. I have a project that was tied up in governement regulations for years… Fiat to crypto and crypto is not fast or simple… So i dont see us exploring that avenue for now.. However…There are more and more companies offering plugins that process fiat into crypto..like simplexx for example…maybe in the future we will add support for something like that…if they start to support BSC projects

Gold Rocket | Satoshi Club: For some reason, it seems to me that this time is already close! Do you want to add something?  Or can we proceed to the next question?

DeFi Vlad – Head of Vlad.Finance: next

Gold Rocket | Satoshi Club: @AndresM77 shoot please🚀🚀🚀

Q5 from Telegram User @Antoni_azx

One of the premises of this project is “HOLD to achieve immortality”, how does the process to earn income passively just by doing HOLDING works? Which of the tokens on your platform is destined to be the protagonist in relation to rewards and incentives?

DeFi Vlad – Head of Vlad.Finance: another good one. So while LIFE is getting all the attention right now with NFT drops coming soon… VLAD is the core token…it will always be the core token… just something to think about 😉 The HODL behind VLAD is that its an auto yield token…2% of each transaction is burned which reduces the supply and another 2%  is distributed to all HOLDers. they earn passive income…we dont track how much daily since its based on volume but users say they get a very healthy amount daily..we even have a guy we call the ATM owner who shows up once a day to tell us how much he earned that day

Andrés M. | Satoshi Club: Talking about VLAD token, could tell us about tokenomics, how is the amount distribution?

DeFi Vlad – Head of Vlad.Finance: yeah…sure… So when me and the team launched  the project we decided to make it as fair as possible. We minted 1m token.. 10% went to treasury…which we have been using to pay artists and devs and upcoming marketing costs. 10% was split between the team, myself and some lucky airdroppers. the other 80% we put in pancakeswap with a TINY amount of liquidity and then I burned the LP token to lock it forever

The first hours of VLAD were wild..since the liquidity was so small, poeple were building stacks like $20 at a time..no whales could buy up a big portion within hours we went from like 0.001c per VLAD to i think 30c on the first day. I can’t recall the exact specifics but it was a wild first few days

Gold Rocket | Satoshi Club: Incredible!👏

DeFi Vlad – Head of Vlad.Finance: of the 10% i personally only have 10% im nowhere near the top 20 holders even… Its about as fair as I could be

Gold Rocket | Satoshi Club: Thank you very much for your answers! Everything is clear to me! Are you ready to move on to the last question in this part?

DeFi Vlad – Head of Vlad.Finance: yes

Andrés M. | Satoshi Club: As well is clear for me, thank you @DeFiVlad for this detailed answers. And now we have the last question of this part

Q6 from Telegram User @JesusFre1tes

Vlad is aiming to push premium NFT tokens on the BSC chain. We know that BSC is the new booming network, many projects are being built or have migrated to BSC. What are the reasons why you decided to work with this network? Why do you think BSC will give you more value and use cases for your NFTs to become premium? How will this network help you unlock the potential that is still missing in today’s NFTs?

DeFi Vlad – Head of Vlad.Finance: I think we covered part of this earlier but one could say LIFE is easier on BSC …lol

-cheaper fees for users

-cheaper deployement for devs ( which means more testing )

– faster transactions so no waiting..

Aside from that..I think BSC users are more open to expreimental protocols and doing different things..

I think becuase the fees are so low..users can also experiment with small amounts of money to see what they like and don’t like.

Gold Rocket | Satoshi Club: Thanks a lot for your time and answers! It was very educational! 👍

DeFi Vlad – Head of Vlad.Finance: i think NFTS are mostly on ERC network now becuase that is where the good artists are and good marketplaces are… That was my goal since the start of this project..Bring that awesome art to BSC

Andrés M. | Satoshi Club: ERC is most known, maybe that’s the reason, people don’t know the benefits of BSC

DeFi Vlad – Head of Vlad.Finance: We will bring them over…one Vladiator at a time!

Andrés M. | Satoshi Club: Great goal my friend and great project, we are happy to know all that info about Vlad.Finance, I enjoyed to much this first part of the AMA😁

DeFi Vlad – Head of Vlad.Finance: Thats what we want to do now..Make really high quality art based on a light hearted subject matter that brings us all together

Part 2 — live questions from the Telegram community

Q1 from Telegram User @JuanSB07

🐗🧛🏻🏚️⚰️ Vlad Finance on his website has images and some animations inspired by vampires and some species of monsters. Which is fun for a lot of fans of vampirism. Could you tell me what is the origin and the reasons why they were based on these themes?

DeFi Vlad – Head of Vlad.Finance: Well…as I stated the project started a bit silly and meme like..The name VLAD came first becasue I am VLAD…wasn’t ego driven but more meme driven…

After we knew it was called VLAD…there was only one way it could go! the most famous Vlad of all Vlad Tepes Drakul… aka Dracula..

And we are in crypto so we cant do anything normal so we went with Vlad Pepes Drakul and the meme was born!

This 1st collection of art will honor that meme but expect us to expand our range of art in future collections

Q2 from Telegram User  @Antoni_azx

The Genesis Collections will be the first VLAD NFTs available for minting, can we know which artists are involved in the creation of this art? Why will your NFTs be valuable and worth to trade?

DeFi Vlad – Head of Vlad.Finance: Yes. Once minting begins we will release and tag all artists involved..Some are already lurking in our TG group.

Q3 from Telegram User  @PaperBurns

Has running a token been all that you imagined.

Are you surprised at the time and effort it takes, or did you know what you were getting yourself into.

DeFi Vlad – Head of Vlad.Finance: Having years of crypto experience has helped for sure..I kind of knew what I was getting into…however my days now are more hectic then expected and the timelines to do everything are faster now than ever. It seems we need to make earth shattering announcements daily to keep community happy…and that’s not just our project but all projects.

Q4 from Telegram User @Luisz2210

🔴 Days ago you hosted the LIFE logo contest and it was a great payoff for Vlad Finance, How can i contribute my artwork to Vlad Finance? How do you select your art designers? Will you hold more contests the next week or most likely in April?

DeFi Vlad – Head of Vlad.Finance: Yes.. We have been trying to involve the community as much as possible.

Meme contest

Logo contest

most of the artists also came through the community…

We will continue to hold contests in the near future…

As for artists contribution..the easiest way to get involved is to DM directly and we can talk!

Q5 from Telegram User  @mobilejii

Hello! @DeFiVlad

✅ why your team is anon, can we see your team public in  future?

DeFi Vlad – Head of Vlad.Finance: I am the easiest to DOXX team member…I am sure if you scroll back my twitter account…you will find pics of me and my family.

We went anon for 2 reasons.

– allow my team to stay anon

– you guys prefer Anon projects…We have tested this..

When a project or twitter account is anon…the project is taken at its own merit..

When you have a doxxed team, I think it becomes more about that person..who is he? why should we care about him?

When its anon.. you either like the project or not

Q6 from Telegram User  @centoscu

Can I ask what will you focus on next year, the management of the project maybe to gain more community and users or any other?

DeFi Vlad – Head of Vlad.Finance: Once we have a marketplace ready…we will focus on getting the community involved in curration of art that will be on the platform. As a community we can make sure we only have the highest quality art that is worthy of hanging in the halls of Vladhalla

Q7 from Telegram User @NataliyaKil

Your Medium page is registered as Vlad Pepe. Are you somehow connected with the GoPepe project, which gave the NFT world trading cards with Pepe characters?

DeFi Vlad – Head of Vlad.Finance: So yes.. When we decided on the Vlad / drakul theme with pepe we quickly found Vlad Pepes based on an amazing artists from Europe.. We have been in contact with her but still in the process of getting her on board..

We have since moved to our own versions of Pepe Drakul as you see in our art.

We are not assosiated with any other pepe projects at this time.

Q8 from Telegram User @JasmineSha

Hello Defi Vlad,

We all know that ETH2 is comming with more speed and lower fees, is it possible to see you work With ETH2 in the future side by side with BSC ?

DeFi Vlad – Head of Vlad.Finance: Ideally yes..I would love to bring Vladhalla to ERC in the future…

I have been looking at code that would allow moving of NFTs cross platform…not sure its possible but I am exploring it!

Q9 from Telegram User  @KhaleesiTheCryptoLady

Do you have plan to list VLAD token in CEX? When and in which exchange do you plan to launch it for listing? #whenBinance 😁

@DeFiVlad

DeFi Vlad – Head of Vlad.Finance: The real answer is probably not. CEX is needed less and less today… I am a big believer in DeFi and use as little CEX as possible when trading. CEX also has issues with reflect tokens… They dont know how to handle them

Q10 from Telegram User  @K2ice

Who can have access to the VLAD card?

DeFi Vlad – Head of Vlad.Finance: Everyone will have access the NFTs at the same time…

They will be released in stages…first 3 base NFTs will come for 10 LIFE each.

Few days later we will drop the rares.

Few days later the epics.

Finally the legendaries.

Each wallet will only be allowed to own one of each to make sure there is enough to go around.

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of Vlad.Finance. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.

For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru

Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners:

Telegram Group: https://t.me/VladFinanceOfficial

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from DefiDollar and our guest was @sid_31 one of the Co-Founders of DefiDollar. The AMA took place on 23^rd March.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

In this AMA Recap we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram community

Mary | Satoshi Club: Hello Satoshi Club! We are happy to announce our AMA session with DefiDollar!  Welcome to Satoshi Club😀

D. | Satoshi Club: our today’s guest – @sid_31 ! hello and welcome to Satoshi Club! 🤩

Mary | Satoshi Club: @sid_31 welcome here!

Siddharth Jain: Thank you! happy to be here 🙂

eagerly looking forward to interacting with the community 😄

Mary | Satoshi Club: Thanks for visiting us today 😀🚀

We are also excited about today’s AMA 😀 let’s start 🚀

Could you please introduce yourself and tell us more about DefiDollar 😀

Siddharth Jain: Hey Folks! This is Sid, am one of the Co-Founders of DefiDollar

Prior to starting DefiDollar was working on L2 scaling for Ethereum.

Eager to dig into cryptoeconomics and love to unearth insights from on-chain data

I take care of the business end of things at DefiDollar

My Co-founder, Arpit is the tech brains behind the product and is an ex-google, ex-YC Dude

Both of us are DeFi- buffs and love to tinker with new products

Interestingly DefiDollar was born at an ETH hackathon – Hackmoney in 2020

Mary | Satoshi Club: Really? 😀

Siddharth Jain: yup!! We were looking to build something that we could use for ourselves and being big hackathon buffs it was a great way to get feedback and test product-market fit

D. | Satoshi Club: nice! i know lots of cool projects were born on ETH hackathons 😊

Siddharth Jain: DefiDollar ($DUSD) aims to be a risk-insured stablecoin layer for DeFi. We want to provide a safe and stable way for users to hold their assets.

We have dual token design:

– The stablecoin index, pegged to $1 – DUSD

– A governance token – DefiDollar DAO ($DFD)

That being said we are making forways into a lot of exciting spaces – a BTC index with a leading DeFi team 😉 and an option Coin

you can think of us as a satbility labs outfit at the edge of innovation for indices and stablecoin adoption

$DUSD is optimized for peg safety, yield and diversification. The basket approach diversifies the risk, allows more types of collateral to be onboarded and allows us to integrate with yield generating DeFi primitives. The inbuilt protocol mechanisms along with arbitrage helps keep the peg close to $1

Mary | Satoshi Club: You want to bring stability to this wild crypto world😀

Siddharth Jain: we are definitely trying! 💪

Mary | Satoshi Club: What about DefiDollar team? 😀

D. | Satoshi Club: how many people in your team? or only two for now – you and your co-founder?

Siddharth Jain: We are a group of 6 right now, with 2 people working in part-time capacity

looking forward to adding to our team, so please feel free to DM me if you are good with crypto amrketing or even solidity Development 😄

Mary | Satoshi Club: But your project looks complex! Great job😉

Siddharth Jain: We are a lean but highly talented bunch of folks working really hard! people ask me if we have 20 people already in the team we just have 6!!

https://angel.co/company/defidollar/jobs/954028-senior-solidity-engineer

so if you know anyone or wanna apply, you are welcome to DM

D. | Satoshi Club: these 6 working for 20! congrats on awesome team 🙌

Siddharth Jain: iI you wanna know more about the core team – head to https://docs.dusd.finance/about-us

hahha i think 10 is a more realistic target  🙂

Mary | Satoshi Club: Sure! Also, i am happy that we can see real names😂 i missed real people

Siddharth Jain: hahhaha yeah we are a totally public team, with open source code and public investors as well!

Mary | Satoshi Club: Oh, it’s very seldom 😂

Siddharth Jain: nothing against anon teams, but just a lil bit easier to work with real names and build in public

taxing for sure, but helps in shipping fast 😉

Mary | Satoshi Club: The same thing😀

Thank you, @sid_31 for your intro! We collected 6 questions from our community about DefiDollar! Are you ready to proceed or want to add something?

Siddharth Jain: let’s get started 🙂

D. | Satoshi Club: thank you for the intro!

let’s do this! 🚀

Q1 from Telegram user   @JesusFre1tes

DUSD is built with modularity in mind. It is very easy to integrate with DUSD smart contracts. How does this help drive wider adoption of the DefiDollar protocol? I read that DefiDollar handles the concept of meta-assets backed by other stablecoins. What networks and stable currencies back the DUSD? What are the smart contracts that are possible to merge into your protocols?

Siddharth Jain: Great question!

Defidollar is an index of stablecoins.We can add a new liquidity pool to provide access to a particular stablecoin and add it to the index. This is possible due to our modular approach, which enables a quick turnaround to add more pools and diversify the index. We started with the Curve suSD pool, made a fork deployment on Swerve, Replaced sUSD with yUSD.

We are stronger than any single coin and can average out the volatility. Also with our backstop module we can try and deal with the scenario where a particular stablecoin deviates from its peg.

With a modualr design it is easier to add more peaks – liquidity pools to the protocol thus helping make the protocol more resilient. Currently we support the yUSD pool in Curve and leverage the yVaults in Yearn finance to earn yields for our LP’s

we are cuurently built on top of Curve Finance and Leverage yearn finance, that goes on to show the flexibility provided by the modularity and smart system design

we support USDT,DAI, TUSD and USDC for now, with support being added for the saave curve pool to add sUSD as well

Mary | Satoshi Club: Did you partner with Curve and Yearn Finance?

D. | Satoshi Club: so in the future you can support some other stablecoins as well?

Siddharth Jain: this is correct 🙂

we worked closely to get the product out with them 🙂

D. | Satoshi Club: who decides which stables will be add to your index and which will be exclude?

Siddharth Jain: this is not a vanity partnership, we have actual working integrations with both these protocols

this is currently beign decided by the pools supported, which are controlled by governance

DFD is the Governance token of the DefiDollar protocol It will serve two primary functions:

Mary | Satoshi Club: I noticed😉 good projects to work closely!

Siddharth Jain: Governance :

The DFD token will be used to make critical protocol decision like the following:

-Whitelist & remove peaks

-Assign peak ceilings similar to the ones in Maker Vaults to balance the index

-Fine tune parameters like redemption fee within a peak

-Decide on the distribution of the protocol income

and the Protocol Backstop:

DFD will be called in to act as the ultimate backstop against volatility. Similar to the fashion in which MKR acts as the last line of defence for DAI.

D. | Satoshi Club: thank you for answers! 👍

Mary | Satoshi Club: Thanks! Ready to go to the next question?

Siddharth Jain: they have endorsed us publically as well

Yearn Finance: https://twitter.com/iearnfinance/status/1365341895212343297

Curve Finance: https://twitter.com/CurveFinance/status/1320705189234561026?s=20

this transition will happen gradually as we keep on adding more pools

yes indeed!

let’s go go go

Q2 from Telegram user   @Rosane1a8

Would you explain what is the function of a stablecoin aggregator in the ecosystem of DefiDollar, focusing on how it works and what potential risks of the user are being diminished by the use of it?

Siddharth Jain: We are stronger than any single coin and can average out the volatility. Also with our backstop module we can try and deal with the scenario where a particular stablecoin deviates from its peg.

Mary | Satoshi Club: How volatile is your coin now?

Siddharth Jain: with the number of stablecoins ever increasing It is overwhelming for a novice to decide what stablecoin to hold and what are the pros and cons of these different approaches.There are inherent risks with holding a custodial fiat backed stablecoin – See USDT FUD and more.

Also these stablecoins, especially Crypto backed and Algorithmic ones range widely in their volatility profiles, this can be a major deterrent for holders who would want a stable price akin to what they are used to in real life(ignoring inflation).

Metastablecoins like DefiDollar solve both of these above mentioned issues.

DefiDollar is composed of a basket of these existing stablecoins and thus diversifies the holding risk ensuring that your stablecoin portfolio is protected against volatility and avoids systemic risks. 

Given the pace at which stablecoins are coming to market, we might see increased fragmentation hindering adoption. DefiDollar isn’t competing with these but can partner and add them to the index –  to ensure peg safety and diversification

Mary | Satoshi Club: It really has sense. So, with DUSD i will always have the same amount of money?😉

Siddharth Jain: DefiDollar has a lot of products 💪

– The stablecoin Index – DUSD – protects your capital

– The Savings Account – ibDUSD – earns interest on your capital

– The DFD Staking Vault – ibDFD – Coumpunds DFD yield

– IbBTC – BTC index which allows earning interest (Not released yet)

Mary | Satoshi Club: If some of the coins that you added to index will crush (hope no), but if… What will happened?

Siddharth Jain: depends how you allocate it, you can put it to work in the savings account

Mary | Satoshi Club: If i will simple hold it on my wallet?😉

Siddharth Jain:

https://app.dusd.finance/savings

check out the savings account, the APY is juicy

here is a simple step by step guide, you can come into the savings account with DUSD ,USDT,DAI, TUSD or USDC

D. | Satoshi Club: yes, very juicy especially for stablecoin 👍

Mary | Satoshi Club: I like this also👍

Siddharth Jain: we have a multitiered protection system in place

– Arbitrage

– Safety Module

– Backstop Module

the system will ensure protection against usual volatility by actively rebalancing, but in case of a black swan scenario – big deviation they backstop module will need to be activated

here are some of the system parameters that you can see live:

https://duneanalytics.com/sid_31/defidollar

Mary | Satoshi Club:That’s really nice! So, protection should work and DUSD holders won’t be affected

Siddharth Jain: that is the intented design

that being said i would never want USDT to fail 😉

Mary | Satoshi Club: I think no one wants😀

D. | Satoshi Club: this is some impressive grow a would say 😁👍

Mary | Satoshi Club: Thank you for your answers! Ready to go to the next question?

Siddharth Jain: shoot! 🙂

Q3 from Telegram User @konditer_rolex

I found information that your future products will include Interest bearing Bitcoin (ibBTC) on Ethereum, which you are developing in conjunction with the Badger DAO.Tell us more about the new Bitcoin storage standard for earning interest.And maybe share some more interesting developments

Siddharth Jain: steady growth with no mercenary capital but long term users and holders of both DUSD and DFD

hahahha this is something that is coming soon!

can’t release much but this is going to be big big big!!

@konditer_rolex has given some serious aplha leak to the Satoshi Club community

😄

it is intended to do what satoshi club wants to do, help people stack more sats 💯🔥

Mary | Satoshi Club: Yes, we want! Can you tell us approximate dates?😉

Siddharth Jain: Badger is the leader for BTC on Ethereum and it made sense for us to build this, expected to bring in huge TVL for DefiDollar 😄

give or take a week! but please know that shipping products is dependent on a lot of moving parts

please respect both the teams which are hustling to ship this out asap

Mary | Satoshi Club: Ok, we will wait then😀

But don’t forget to share this news with us 😉

Thank you for your answers! Ready to proceed?🚀

Siddharth Jain: i will definitely! 🙏😇

DFD is going to get discovered, we have been building for long and leading teams are recognizing the work we are doing to create important infra

we are one of the very few teams from India with a live product – so it is just a matter of time 🙂

Mary | Satoshi Club: That’s true! We believe in you👍

Siddharth Jain: thank you 🙂

let’s cover the next question

Q4 from Telegram user @Wormz28

Many questions they’re asking is about the Projects Strength, but I think it’s important also to know their weakness, so may I know if you have weaknesses? If so, how are you trying to solve and improve it? Also are there any risks in using DefiDollar?

Siddharth Jain: i think the thing we need to improve is the coverage, which we are doing now with exposure to communities like the Satoshi Club

DefiDollar is built using the composability of Ethereum, as i shared we leverage Curve and yearn finance directly

D. | Satoshi Club: so more marketing?

Mary | Satoshi Club: One community is covered😂 but it would be better if you will cover us again in the future! It really works!

Siddharth Jain: We are a heavilly audited protocol, and have always placed safety and security of out users first. We launched with two audits and a capped launch to ensure that.

We believe that although audits reduce the risk by virtue of having dedicated professionals review the code but they do not eliminate the risks altogether.

hence we keep on trying to secure the protocol and think of it as an ongoing exercise

yes indeed, hiring for good operations and marketing folks, as usual DM me 🙂

Mary | Satoshi Club: Satoshiclubbers! Let’s do this! I know we have marketing talents here👍😉

Siddharth Jain: would love to make an appearance again if you folsk would have us, can invite the badger team for a joint AMA, that would be really cool. let us know 🙂

D. | Satoshi Club: nice! and i think designers who can create a good sticker pack, for example, for TG are also welcome? it can help with promo 😉😊

Siddharth Jain: https://docs.dusd.finance/audits here is a list of our audits and the reports as well for the community to see

Always! 😄 can’t have enough stickers and we have a competition coming up as well 😉

D. | Satoshi Club: [ 👍 Sticker ]

Siddharth Jain:  Btw all those yield farmers out there, do check out our yield farms

https://app.dusd.finance/lp-rewards

alpha leak 😉

damn i was hoping we would cross 50k satoshi club members during the ama

Mary | Satoshi Club: Almost😂

Siddharth Jain: 😇💯

Mary | Satoshi Club: This would be very cool🔥🔥🔥

Siddharth Jain: dming  😄

Mary | Satoshi Club: Thank you for your answers! Ready to jump to the next question?

Siddharth Jain: yes!

Q5 from Telegram user @AmirJosh

I wonder why DefiDollar had no NFT related services. Do you consider adding the NFTs to your possible products because of its continuesly growing popularity?

Siddharth Jain: lol we are not there yet! but we will have a NFT giveaway 😉 🤫

we could also issue DefiDollar OG NFT’s for the protocol’s users

D. | Satoshi Club: another leak? 😄

Mary | Satoshi Club: It’s my dream 😂 i am your user😂

Siddharth Jain: hahahha  the satoshi club community deserves it, you know where to join us –  @defidollar_community

oh wow! that is great , always happy to meet a user of the protocol

Mary | Satoshi Club: Our members iniw what to do 😉😂

D. | Satoshi Club: we should break 4k today! Satoshi clubbers let’s do this! 💪💪💪

Siddharth Jain: i was thinking like 5k :D😅

let’s make it happen

D. | Satoshi Club: everything is possible 😄🚀🚀🚀

Mary | Satoshi Club:We believe in magic, but more than in magic we believe in our community 🚀🚀🚀 let’s do this!

Siddharth Jain: community is magic ⭐️✨

Mary | Satoshi Club: True! And just 6th and last question left from this part 😀 ready for it?

Siddharth Jain: fire away! 💪

Q6 from Telegram user @victorogb

There are numerous projects with stable coins pegged to a host of internationally traded currencies around the world with most stable coins pegged against the USD. Most of these stable coins have proved to be immensely successful with adoption, use and other intricate features. On adoption and acceptance amongst the DeFi space, how does DefiDollar tend to weather this storm and compete favourable over the next couple of months/years?

Siddharth Jain: we have a lot of interesting products coming out!

first one is the BTC index with badger, the second is the options liquidity aggregator – Option coin

We kinda consider ourselves as a maverick team that likes to experiment and kind of  think of DefiDollar as “Stablecoin Labs”

The option coin is the result of some brainstorming where we wanted to improve the capital efficiency of on chain lending by incorporating Put options in an elegant way

The key thing we strive for is to ensure that we build products that will be in demand , can be both right now or in the future

to classify ibBTC with badger will take off right away but option coin will need the on chain options space to mature before going mainstream

D. | Satoshi Club: “Stablecoin Labs” that’s a cool name for another project btw 😁

Siddharth Jain: even since launching the stablecoin index we have launched a flurry of ancillary products

there is around 4.5 Million DUSD in the savings account and around 40% of the circulating supply of DFD is locked in the ibDFD staking 😄

super numbers :D, but i might be biased 😉

hahah am sure it is already taken

To read more about optioncoin https://medium.com/defidollar/optioncoin-a0bb65997cb

also it is a great idea to follow us on Twitter : https://twitter.com/defidollar

for alpha leaks all the time

today’s tweet from yearn finance

Yearn Vault Top Performers 🏆
Stablecoin Pool APYs:
🥇 DUSD: 39.96%
🥈 USDP: 37.89%
🥉 USDN: 35.63%

BTC and ETH APYs:
🥇 oBTC: 28.22%
🥈 pBTC: 27.15%
🥉 stETH: 25.52%

All other asset APYs:
🥇 YFI: 37.30%
🥈 crvLINK: 21.15%

Find them all here: https://t.co/hHZTAKGK2d

— yearn (@yearnfi) March 23, 2021

DUSD is the top APY provider in yearn finance vaults

Mary | Satoshi Club: Already 👍

And that’s one if the million reasons to join DefiDollar 🚀

Siddharth Jain: Also i did not reaveal all our partners but key Partnerships inlcude  Curve Finance, Yearn Finance, SushiSwap – Onsen,Badger DAO – BTC index, Cream Finance – Iron Bank, Opyn – Option Coin

We are working and building on top of the best in the industry!

check out who we follow on twitter and you’ll know our partners 😉 just 11 right now

Mary | Satoshi Club: Names are really famous! Best of the best!

D. | Satoshi Club: you are definitely working with a big guys 🤩

Siddharth Jain: yes and even coingecko

i was on a podcast there recently

Listen to @shutterbugsid (⁦Siddharth Jain), co-founder of @defidollar talk about DeFi Dollar's plans, the difference between $DUSD and $DFD, as well as more of DeFi Dollar’s products! 😊

Links:
🎧 CoinGecko Podcast: https://t.co/8QUOgdNSD9
📺 YouTube: https://t.co/CnajQ2bmhn pic.twitter.com/LnkFvWaaus

— CoinGecko (@coingecko) March 19, 2021

Mary | Satoshi Club: Yes, i saw this😉 it’s fantastic how fast you’re moving!

Siddharth Jain: Thanks for the kind words 🙂

Mary | Satoshi Club: And now… I feel the smell of storm😂

Storm of live questions

Siddharth Jain: it is coming with ibBTC 😄

Mary | Satoshi Club: And this also😂

Siddharth Jain:

#DefiDollar 🚀

our community made this in anticipation, no flying, but if you wanna stack sats, get ready! 🤩

Mary | Satoshi Club: Cool gif! We also need stickers 😉

Siddharth Jain :[ 😍 Sticker ]

Mary | Satoshi Club : [ 🥰 Sticker ]

Wow! I have them now!

Siddharth Jain: you got swag! 😉

D. | Satoshi Club: [ 🥳 Sticker ]

Siddharth Jain: credits to @ceennnk

Mary | Satoshi Club: Guys, i really enjoyed this part!🚀 Are we ready to continue with the second?😀

Siddharth Jain: go go go 🙂

Mary | Satoshi Club:Let’s go 🚀

Part 2 — live questions from the Telegram community

Q1 from Telegram user @JoanaZ

 I read your Whitepaper and in one part says that DefiDollar is “Curvy”, I really don’t understand this so can you tell us what do you mean with that?

Siddharth Jain: it means that we are building on top of curve finance 🙂

Q2 from Telegram user @Indomiekuy

I see that Defidollar also have joint liquidity mining, how many pool do you have ? can you explain how is the calculation reward that user will get from your pool ?

Siddharth Jain:

you can find the pools here: https://app.dusd.finance/lp-rewards

Q3 from Telegram user @victorogb

Is DUSD currently tradable, and if not when do we expect it to go live?

Siddharth Jain: it is already live, you can check out this article to learn more https://medium.com/defidollar/farming-sushi-with-dusd-dfd-on-sushiswap-4c675b47b993

Q4 from Telegram user @KhaleesiTheCryptoLady

In which exchanges I can see DUSD now as being paired with other tokens? Can you share to us where can we acquire $DUSD as well as with $DFD?

Siddharth Jain: you can get DFD on sushiswap, uniswap, balancer

DUSD on the same and also on Curve finance

we have some exchnages coming soon 🤫 can’t share more details 😉

Q5 from Telegram user @Brainchest

In addition to Playcent, are you planning to enter other gaming platforms? And what are your plans for BSC (Binance Smart Chain)?

Siddharth Jain: watch out our announcement channel for updates, something is coming really soon ;)@defidollarofficial

Q6 from Telegram user @esrarengizbtc

Could you give information about the protocol layer fee mechanism in the DefiDollar system? Also, what kind of rewards are accumulated in the DefiDollar protocol?

Siddharth Jain: great question!

find our fee structure which is deatiled here: https://docs.dusd.finance/faqs#does-defidollar-charge-any-fees-at-the-protocol-layer

The protocol rewards that accumulate on the DUSD LP capital are:

-Trading fees generated on the Curve pools

-The yield from the yUSD Peak

-DUSD redeem fee — 0.1%

-The ibDUSD redemption fee — 0.5%

Q7 from Telegram user @Ambarkhan1

Which areas are your team focusing on at the moment? (DeFi, Stake,Dapps..) and what is your goals in this year?

Siddharth Jain: the major ones are:

– The ibBTC index

– adding the saave peak

– Option Coin

– Stability module for DUSD

more will come but will slowly sahre that after our diligence and research

Q8 from Telegram user @Awkwerrd

is there tokenomics available?

Siddharth Jain: Token release schedule: https://bit.ly/3mzvQSC

everything is public 🙂

Q9 from Telegram user @MCBTrade

When calculating the stakeholders’ share of the trading and redemption fees, do you base the total number of DUSD staked or fees from the entire DUSD supply?

Siddharth Jain: the protocol earns from all DUSD , the fee distribution is carried out as detailed here

https://medium.com/defidollar/protocol-fee-sharing-enabled-via-the-dfd-buyback-vault-12ea9b104753?source=collection_home—4——5———————–

you get rewards only when you stake DUSD in the savings account or in the many incentivized Liquidity Mining pools

Q10  from Telegram user @Brainchest

You have started a Cover Protocol for DUSD insurance. Is this because you recognize that DefiDolar is vulnerable? In any case, thank you, you have done everything possible to minimize the risks (Cover Protocol, Bug bounty).

Tell me, will you develop other types of insurance? For example, insurance against losses in SushiSwap DFD / ETH pool, if Ether price will fall dramatically. Or a loss of profit, if the pool made less than the planned percentage of profit in a month/week/year. Naturally, depending on the variables (profit %/invested amount/day/month/year…), the cost of insurance will depend.

Siddharth Jain: we won’t have cover ofr impermanent loss, depening on uniswap or sushiswap to do the same

but we will supoort more insurance pools and are already working with teams to enable the same

the one live is with cover protocol

https://medium.com/defidollar/defidollar-dusd-coverage-now-live-on-cover-protocol-9ca2a47a6474

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Telegram: https://t.me/defidollar_community/

Twitter: https://twitter.com/defidollar/

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Jigstack and our guest was Roby Weir – COO of Jigstack and Charles Robinson – an Ethereum developer and Hedera Hashgraph developer also a conference speaker I’ve been involved with 20 ledger projects. The AMA took place on 22 March.

The total reward pool was 1000$ and has been split into 3 parts.

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Website

Gold Rocket | Satoshi Club:
Hi there, dear community! 😊 We are pleased to announce our AMA with Jigstack🍋

Gold Rocket | Satoshi Club:
Today our guests are @RobyGu and @crobinsonoc!

Andrés M. | Satoshi Club:
Hello dear community😁

Andrés M. | Satoshi Club:
We are glad to have you here today @RobyGu and @crobinsonoc welcome to Satoshi club

Roby Weir:
Great to be here 😊

Charles Robinson:  
Hey Satoshi how you all doing?

Gold Rocket | Satoshi Club:
Thanks for joining @RobyGu and @crobinsonoc!🍋

Gold Rocket | Satoshi Club:
We are very excited about the upcoming AMA😁

Gold Rocket | Satoshi Club:
To begin with, please tell us a few words about yourselves and how did you get to be involved in crypto & Jigstack?

Gold Rocket | Satoshi Club:
Please make a small intro about yourself and the project 😉🍋

Andrés M. | Satoshi Club:
We are great, how about you?😃

Charles Robinson:  
I have been involved in Crypto for six years I am a Ethereum developer and Hedera Hashgraph developer also a conference speaker I’ve been involved with 20 ledger projects I am also an investor. When I was approached by Jigstack to join the team doing business development I did my research and found that the team members’ experience in crypto are second-to-none also the vision for decentralized finance it’s close to my heart. So here we are!

Roby Weir:
I am Roby Weir the COO of Jigstack. My background over the last 10 years has been developing start-ups in the digital space from the ground up. These have either been companies I have owned or projects I have invested in. The E-commerce space is where I have spent most of my time however I have had a growing interest in blockchain over the last few years and once we came up with the idea of jigstack I put my hand up to take control of the operations as Defi and the concept of DAO governance was so appealing to me. Since starting I have built a strong team around me, and everyone is bringing value from both traditional tech backgrounds as well as seasoned blockchain/crypto backgrounds. Exciting times

Charles Robinson:  
Q1: benefits of holding the Jigstack token

Andrés M. | Satoshi Club:
So, there is a partnership between Hedera and Jigstack, right?

Gold Rocket | Satoshi Club:
great background guys! nice to meet a colleague – accountant at the AMA btw 😁

Yes! more about this, please!

Charles Robinson:  
A1: the STAK token, soon to be launched will be a governance token for our Ecosystem. It will earn other stack tokens as well as interest based upon user allocations and possessing the token will directly affect a users ability to vote on our soon to be announced features for the future. Users earn 80% of our 1% commission for all transactions that execute on the platform for all of our products. Lemonade is first and we are launching STAK on lemonade followed by STAK Bank, and our wallet. Did I mention Gallery our up-and-coming NFT solution on Lemonade? For all of these products, their use generates revenue that is allocated back to our governance token the STAK

FYI our White Paper will be a living document we are publishing the official version very soon. Please refer to it frequently as we will be keeping it current with all the latest tech and vision on where we are headed. Think of the white paper as our guiding light

Andrés M. | Satoshi Club:
Of course, we will be expecting for it

Charles Robinson:  
Yes sir

Andrés M. | Satoshi Club:
Could you tell us more about STAK bank?

Charles Robinson:  
But many these day short cut the WP

Andrés M. | Satoshi Club:
Btw, maybe you can share parts of the WP with us through the AMA😁

Charles Robinson:  
A little later this week

Gold Rocket | Satoshi Club:
Bitcoin white paper 9 pages if I’m not mistaken 😉

Charles Robinson:  
Yes but 13 years ago you’ve come a long way baby!

Gold Rocket | Satoshi Club:
😁 indeed… much has changed since then 🚀

Charles Robinson:  
STAK bank will be used for all the latest DeFi features plus some new ones thrown into the mix. Interest, earning STAK, flash loans, what else would you like to see? Synths? We are looking for your ideas here so please post and keep in touch with us

We are exploring JIGBridge which will be a low-cost interchain alternative to swapping and much faster and cheaper. Send me your thoughts.

Andrés M. | Satoshi Club:
Yes community, let’s send Charles your amazing ideas 🥳

Well, are you ready for the first question of this part of the AMA? Or do you want to add something?😃

Charles Robinson:  
I think we are ready

Q1 from Telegram User @yellowchamp
Jigstack embodies the real vision of DeFi which is decentralized finance for the people by the people in which you are Open Source, Transparent and Custodial. Generally,how will your platform applied or implement these 3 components in your platform as an open-source, transparent and custodial? As Jigstack embody the real vision of Defi,how will you get in touch with people and how will you value the opinion and suggestions of the people especially your community members ? How will you give importance to clients and users in Jigstack? Thank you

Gold Rocket | Satoshi Club:
Thank! The intro was great👏

Charles Robinson:  
Our users are family. Number one priority And that is why we take your financial interest in us very seriously. We are very security focused also we are very ease-of-use focused. We want your grandmother to be able to use Crypto and understand the advanced features of defi which re made intuitive. We say we defy the confusion of Defi.

As far as open source our Smart Contracts will be open source. Let us know what you’d like to see as far as the driver code for the UA, etc.

Gold Rocket | Satoshi Club:
it means that you are adherents of mass adoption😁

Charles Robinson:  
As far as transparency out users will have voting rights and our DAO will be state-of/the art. We are working with some of the best minds in decentralized governance in the industry. Remember our white paper is the highest goal that will be shooting for and as we develop the software we will be at every stoep moving towards that vision that is on paper.

Andrés M. | Satoshi Club:
Btw, Jigstack has the tittle of “The DAO of DeFi”, how did you become to that?

Charles Robinson:  
As far as custody, we are non-custodial but we want our code to be bulletproof. Remember trust in crypto is paramount. But truth trumps trust. We want our systems to represent not only trust for all parties but also to represent the truth of what’s happening in our ecosystem for all users to be able to rest-assured that Jigstack operates at the highest levels of these guiding principles and is fast and fair for all.

Gold Rocket | Satoshi Club:
How about security? Are you planning an audit of smart contracts? If so, have you already chosen who will do it?

Charles Robinson:  
Yes we have already had an SC audit. CyberUnit is our auditor and they have done an amazing job. They did find some items as expected but we have already remedied those issues.

Gold Rocket | Satoshi Club:
Thanks for the answer! If you want, you can share the audit results with Satoshi Clubbers👍

Andrés M. | Satoshi Club:
Great work, that will increase the user trust

Charles Robinson:  
Thanks

Sure these are the heavy hitters on your site? Sounds like I need to get into that

Gold Rocket | Satoshi Club:
Thanks again! Ready for the next question?

Charles Robinson:  
Yes, I’ll be handling part 2

Gold Rocket | Satoshi Club:
@AndresM77 shoot please😁🚀

Q2 from Telegram User @Pratze
Can u pls tell me what are the benefit and advantages by holding Jigstack token for longterm? Also how we able to use your token in your platform? Is it possible to stake and farm it?

Charles Robinson:  
The STAK Token, soon to be launched will be a governance token for our ecosystem. STAK will earn other STAK tokens as well as interest based upon user allocations and possession of the token will directly affect a users ability to vote on our soon-to-be announced features for the future. Users earn 80% of our 1% commission for all transactions that execute on the platform for all of our products. Lemonade, our token launch pad is the first and we are launching STAK on lemonade followed with STAK Bank. In parallel development I need to mention “The Gallery” our upcoming NFT solution for Lemonade. For all these products the community use generates revenue that is allocated back to our governance token the STAK

We are looking at yield farming very carefully

Andrés M. | Satoshi Club:
Thank you for this clear answer, let’s proceed with the next question if you want🥳

Charles Robinson:  
For sure.

Q3 from Telegram User @garrinepotter
Viral Looping Marketing is what you offer us instead of MLM. VLM concept will be presented in the ETHlink tool. Tell us about your approach to advertising and how difficult it will be to use ETHlink

Gold Rocket | Satoshi Club:
It seems to have been in your article on Medium.

Correct me if I am wrong

Charles Robinson:  
ETH link will be closely integrated to lemonade. Viral Loop Marketing is Affiliate Martketing on steroids think if you are launching a token campaign and immediately creating marketing links and when they’re clicked that you’re going to be getting credit back. Youtubers are you ready to make alot of $? Viral loop is something that feeds upon itself and grows upon itself. Also, All Jigstack products will have the same look and feel so when you learn one you’ll be able to easily dive into the others.

Gold Rocket | Satoshi Club:
Your position is clear! thanks for the answer😊👍

Charles Robinson:  
You’re welcome

Andrés M. | Satoshi Club:
@crobinsonoc is there any approximated date for the launch of the website?

Charles Robinson:  
Jigstack.org has been launched. Our public sale is early April FYI. Get on the ship. Exact date being announced SOON.

Andrés M. | Satoshi Club:
Thank you so much for the clarification

Charles Robinson:  
Of course.

Gold Rocket | Satoshi Club:
Look forward to! and you are most likely waiting for the next question 😉

Charles Robinson:  
Yes!

Lots of global energy here

Q4 from Telegram User @lzamg
All the products of Jigstack are based on five commandments: they need to be trusted, secure, faster, easier and cheaper. But as we all know, Ethereum is not the faster or cheaper option right now, so how will you tackle this issue? Doesn’t this affect the Jigstack project, since it is about Ethereum assets and protocols?

Gold Rocket | Satoshi Club:
We live in incredible times! 😉

Charles Robinson:  
Yes we do

A4: We are very much in-tune with Ethereum gas costs and system performance. We are going to be launching on Polyton to help solve this issue for those users that want to use Polygon and still keep ETH at the center. Also, we are going to be launching and using HTS to mint our users tokens launched on Lemonade/Hedera Hashgraph. We are exploring Polka Foundy and Substrate as well as an Avalanche grant. So stay tuned watch the white paper we want our products to have the same look and feel on each platform that we launch on.

And WHAT if users on one platform could see their tokens on another platform through JigBridge? We could display a comprehensive dashboard of all Defi token placements and value. Unofficial. Just an idea guys we want your input.

Gold Rocket | Satoshi Club:
This is an incredible idea!

Charles Robinson:  
Ledgers must be able to talk with one another. Not just for those launched on Substrate for example. And users shouldn’t have to swap. I am all for Atomic Swaps.

Andrés M. | Satoshi Club:
Great feature, would be great to see that

Charles Robinson:  
Thanks we if we can envision it we can do it.

Andrés M. | Satoshi Club:
So that’s is part of your current roadmap? Could you share it with us?

Charles Robinson:  
White Paper will have the high level roadmap. But to answer your question; Lemonade, STAKBank, Gallery, wallet, ETHLink, JigBridge. Santa Card Gifting program also coming to intro new people to crypto by sending them say 25.00 of ETH (or maybe STAK). Also we will be able to do custom logic/Smart Contract development on Lemonade through JigLabs. And don’t forget ICORatings.com our new Lemonade token launch “worthiness” evaluation and rating tool. 30,000 subscribers. Finally we will be activating our DAO in the future with advanced governance and features.

Andrés M. | Satoshi Club:
Wow, a big ecosystem is coming😁

When do we get to see website for lemonade?

Gold Rocket | Satoshi Club:
And we are striding by leaps and bounds to the next question😉

Charles Robinson:  
First part of April at the public sale launch

Andrés M. | Satoshi Club:
Thank you, we will be waiting for the official announcement💪

Andrés M. | Satoshi Club:
Yes, @crobinsonoc ready to proceed?

Charles Robinson:  
Yes!

Q5 from Telegram User @konditer_rolex
By purchasing the site icorating.com you got a huge database of users. Tens of thousands of subscribers in social networks, email addresses … If I’m not mistaken, you own the site for a month now. What have you changed on the site? Name, design, added some tools? Is there a decrease in traffic on the site from the moment it goes into your hands?

Charles Robinson:  
We are keeping the same purpose for the site. However, we will be directly integrating it with lemonade. All token launches will have mention in ICO Ratings. We’re also using the valuable project launch criterion and ratings that they used plus we’re adding additional rules of thumb to not only select the right and best products to launch on Lemonade but also to rank all the projects along with all the other projects in the cryptosphere. I am heading up that effort. Continue to expect the best industry coverage as well.

Gold Rocket | Satoshi Club:
Thank you very much for the answer!

Everything is clear to me! @AndresM77 If you have no further questions, we can move on.

Charles Robinson:  
Sure, my pleasure

Andrés M. | Satoshi Club:
So clear answer, let’s proceed with our last question of this part of the AMA

Q6 from Telegram User @ninoska0012
Jigstack’s Lemonade technical prowess and the reputation of the ICOrating platform create a powerful combination. Transforming the token launch pad industry forever is not an easy task, however this acquisition confirms the demand for transparency in this industry. As Jigstack is rolling out its DeFi protocols on multiple blockchains, will ICOrating migrate to Jigstack’s Lemonade?

Andrés M. | Satoshi Club:
Partially covered I think.

Charles Robinson:  
ICORatings will still be impartial as we can make it. FYI. It is a separate platform but will be intergtated into Lemonade but still exist. The rolling out to many ledgers will take time I know you all understand. So, Etherium is our priority followed by Polygon and Hedera equally and building on Substrate and AVA as well.

Gold Rocket | Satoshi Club:
absolutely right 😃 there is still a lot to work on

Charles Robinson:  
@RobyGu did I get that right?

Roby Weir:
👍

Andrés M. | Satoshi Club:
You have a great team behind the project, our best wishes to achieve your targets for this year💪

Charles Robinson:  
Thanks! @AndresM77

Part 2 — live questions from the Telegram community

Q1 from Telegram user @konditer_rolex
You claim that Lemonade is the cheapest token launch platform on the market. Tell us why you got such an edge over the competition. Are you just dumping prices in the market with good financial support, or was it made possible by technical solutions?

Charles Robinson:
Great question! We do allocate 1% of the tokens launched to JigStack but other than that and the Ethereum cost to run our smart contracts we are free. We want to obtain users for the long-haul. And so inviting them to launch their token on lemonade gets them in the door and then we have many other offerings that we can start to make more money to give back to our token holders.

Q2 from Telegram user @Garrinepotter
All actions performed on the platform will bring profit to JStack holders. What exactly will users have to pay and what amounts. And what percentage of the platform’s income will go to the holders as dividends?

Charles Robinson:
You get 80% of the total commissions raised we take 20% to buy back our tokens.

Q3 from Telegram user @Derazy
You mentioned on your website about the growing of this platform since 2016. Can you introduce to us about Jigstack’s excellent team? Do they have experiences and talents? Or where we can find information about Jigstack’s team?

Roby Weir:
Sure our team was selected with a balance of experience as well as the ability to work in a fast pace environment. We have got a good mix of team members who bring traditional practices to an industry that is so disruptive and ever-changing. Our experienced team members in the crypto space can adapt these efforts to while still keeping the core principles. We are here to execute not just talk about the future. You will notice if you follow us long enough I am all about execution and doing it securely with the highest UX in mind.

Q4 from Telegram user @Ciluk_B
How Can I participate in your public sales and do you have any terms and conditions for it?

Charles Robinson:
Hi DM our admin for info on our whitelist.

Q5 from Telegram user @jangrihwa
Does Jigstack have a specific meaning or language because I think the project name is quite unique and what is the source of the project’s inspiration?

Charles Robinson:
Think of a jigsaw puzzle all in pieces you can take each piece and get a partial picture but when you put all the pieces together do you have a big picture of decentralized finance. You can stack all the pieces of our ecosystem on top of each other and other products for protocol stacking.

Q6 from Telegram user @Indomiekuy
Could you explain to me what is the concept system of Jicstack Lemonade that your project has? And why do u think program like Lemonade is important in the DEFI and cryptoworld?

Charles Robinson:
Lemonade stand allowed young children to be able to have their first business. There are many token holders that are not savvy to cryptocurrency therefore we are targeting them to help them launch their businesses on the ledger.

Q7 from Telegram user @BeaEvolet
Jigstack aims to become Microsoft DeFi, this is aiming high and words need to be proven with facts, so far what great goals have they achieved? And I understand that they want to reach all users, even those who don’t even have knowledge about cryptocurrencies, how do they plan to attract these users and convince them that a decentralized world is what they really need?

Roby Weir:
By not overcomplicating our products and making sure the UX/UI is inviting to non-crypto savvy users. This along with our santa gisting solution will bring in a lot more next-gen users who have either been on the fence or confused by what Defi/Crypto is offering going forward to make day-to-day life easier. Just like how Microsoft has done to so many households.

Q8 from Telegram user @MagdaCV
Lemonade allows even a child to launch their own token, is it really that easy? Being that easy is it safe? I think developing or executing something good will always take time.

Charles Robinson:
It will be easy for our users but it has been hard for our developers
Because they have had to develop more bullet-proof smart contracts. Also, we are very much on the lookout for scam projects to not allow them.

Q9 from Telegram user @Sumione
Many projects take partnership as an achievement, do you have any achievements made?

Roby Weir:
Partnership is an achievement if they’re more than just a hype wheel to get excitement. All our partners with be carefully chosen with high synergy between our products.

Q10 from Telegram user @apocan99
What are the distinguishing features of Lemonade compared to other launchpad services?

Charles Robinson:
Thank you. Quick to market for them. Custom code if needed. Integrated into ICO Ratings. Intuitive UI. Free. Other than the gas costs and also giving us 1% of the token allocation for using our service.

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Jigstack. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 800$.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru
Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners:
Jigstack Telegram community:    https://t.me/jigstack
Twitter:    https://twitter.com/Lemonade_Defi/status/1364185132857503748?s=19

We are pleased to announce our next AMA on March 2nd 2021 at 04:30 PM UTC Time: Satoshi Club x Cue Protocol

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Cue 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. Cue Protocol Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Cue Protocol

For more details:
Cue Protocol – @cueprotolchat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on March 28th 2021 at 04:30 PM UTC Time: Satoshi Club x Cere Network

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Cere Network 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. Cere Network Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Cere Network

For more details:
Cere Network – @cerenetwork_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Educational task of Satoshi Club drives us to acquaint you with all new projects. We were delighted to welcome our guest from Whirl Finance. The AMA took place on March 21st, 2021 and our guest was @Karenword.

The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.

Part 1 — introduction and questions from the Telegram&Bitcointalk community

D. Папа Роуч: good day everyone! we will have AMA session with @WhirlFinance ! today’s guests – @MrGreen00x @karenWord ! welcome to Satoshi Club!  😊

Gold Rocket | Satoshi Club: Good evening, dear community!

We conclude our today’s exciting AMA marathon series with Whirl Finance.

D. Папа Роуч: @MrGreen00x @karenWord how is it going guys? 😃

KAREN: Hello Satoshi Club, Thanks for having us today, it’s a great privilege. Very well, Thanks for asking

Gold Rocket | Satoshi Club: Welcome to Satoshi Club, @MrGreen00x & @karenWord!

KAREN: I’m sure Mr Green will be joining us soon

D. Папа Роуч: ok, awesome!

KAREN: Great

Gold Rocket | Satoshi Club: To begin with, please tell us a few words about yourselves and how did you get to be involved in crypto & Whirl Finance? small intro please😊

KAREN: I’m Karen. Marketing Manager of WHIRL and Sister Project Flashx Ultra. I’ve been in the Crypto industry for over 8 years now.

And during my time I’ve been able to explore various areas of the industry. I’ve held Positions Like CMO, Marketing assistance and COO. During my time in this industry. Previously I’ve worked with Warefern Food Incorporation, As a Sales Representative, And then as a Sectary of the organization. Before quiting and shifting attention to the Blockchain Industry. As you’re aware. Defi is swiping the global industry and we’re also on it. Taken the industry to the next level. And With WHIRL FINANCE and FlashX Ultra we’re creating the next level of generational Sustainability sharing system of wealth creation. Elevating humanity. Which I really think it’s the reason why the blockchain technology was made alive.

Done

Gold Rocket | Satoshi Club: This is Karen’s really impressive background!👏👏👏

KAREN: Oh thank you so much

D. Папа Роуч: 8 years wow, almost since the begining of crypto times 😄

KAREN: Hahaha, I was tempted by Bitcoin at the time

Gold Rocket | Satoshi Club: Please tell us a little about your project with which you came. Whirl Finance – what is it?

KAREN: Here is a briefly explaination of our both project

WHIRL FINANCE which act as a multi-coin cryptocurrency wallet that securely stores and allow users with quick and easy interaction with your crypto assets in the most simple 

and easy way. The Wallet which is user friendly enables users to send and receive as well as view of various balances of any supported cryptocurrency available within the address. It also enables the tracking and monitoring of assets in an eco- friendly environment of the Whirl Finance.

And FlashX ULTRA our sister project, is a new generation of Crypto currency based platform, As it is written, It’s a utility token, used and implemented in the flashx platform, The Flashx Platform developed and maintained for various purposes of various industrialization which includes the Uses of the Token, For staking, gaming, Farming, and fees for delivery 

of goods and services. It also carries out its Mining operation on the Crypto Flasher App. With the major aim of FlashX being to enlighten the public and its usage towards massive adoption.

Done

Gold Rocket | Satoshi Club: It seems to me that this is a very popular direction in crypto👍

KAREN: Well, Most people jump on this direction, but at the end, They’ve not really justified the system. That’s why we’re here

Gold Rocket | Satoshi Club: share what you are unique about?

KAREN: You mean Whirl Finance

Gold Rocket | Satoshi Club: Yes of course! 😊

In your opinion. What are you most proud of today?

KAREN: The security system of Whirl Finance  ecosystem, is very huge, Strong and mightily empowered. To stand all forms of threats. The security is built with mighty component, A combination of various security tools. Which enables the platform to  withstand and fight off any forms of security threats. Various forms and types of Security challenges plaguing similar platform shall, Ain’t able to compete with platform.

Gold Rocket | Satoshi Club: many thanks! I really liked your intro! if you’re ready we can go to community questions 🚀

KAREN: The Whirl Platform Wallet enables users with unique experience such as :

– Use FaceID is enabled, Touch ID, or conventional passwords to protect your crypto investments and various asset within the platform

– Protect all online interactions through the app’s military-grade encryption enablement

– Enablement  wallet balance checked, transaction history, Date and time and other details, All available on your device

– Special and empowered, security. thereby Keeping your unique private key, secure and guided with bank-level security, which operate in a military grades of projection

– The  provision of  prviacy with your funds and safer login with watch-only.

– Check your balance without exposing your software wallet.

– Offers resigned transactions to save your time.

– Enhanced security with two-factor authentication for transacting, transaction limits, and instant payments.

Gold Rocket | Satoshi Club: It sounds more than good👏👏👏

KAREN: Thank you, We’re creating an ecosystem that will be know for only Excellent/ Okay let’s go

D. Папа Роуч: thank you for the great intro!

Q1 from Telegram user @Highpee

Whirl Finance is built on the blockchain architecture of Binance Smart Chain. Although the Ethereum network is quite congested and transaction Fees are unnecessary high, however, many still see this blockchain as being the most familiar and having a mature and robust ecosystem. Why did you prefer to launch Whirl Finance on binance Smart chain and what resources do you think this blockchain offer which suit your project design ? Do you have consideration for other upcoming chains with great potentials such as cosmos, Polkadot or xDai and will it be possible for you to interoperate across multi-chains?

KAREN: I love this question honestly

Gold Rocket | Satoshi Club: Satoshi Clubbers are masters of writing cool questions😉

KAREN: Beyond the Ethereum gas fee, And popularity, it was always bright and considerate for everyone to see things and experiment them from both sides, We needed to have a different direction from others, We have a few chains suggestion, We research on BSC and we were interested to know leverage on the advantages it has to offer, hence we take on the opportunity, Concerning moving or switching to another Blockchain, it’s not in our agenda. So we’re good with Bsc

Done

Gold Rocket | Satoshi Club: thanks for the answer!

D. Папа Роуч: as i know for the projects on BSC it wouldn’t be problem to migrate on Ethereum if it will be needed in the future?

Gold Rocket | Satoshi Club: Your choice is truly justified!

KAREN: This is true, But for now and at the moment, We have no reason to do, And our Project investors are really happy, Because we gave them the Very best of what they wanted.

D. Папа Роуч: got it! thank you for answer! ready for the next question?

KAREN: Let’s go

D. Папа Роуч: 🚀🚀🚀

Q2 from Telegram user @kimchien

There are so many crypto wallets out there on the market, and all of them can do almost the same job. In what aspect Whirl Finance Wallet is unique from the rest?

KAREN: Okay, This is in line with what I just discussed previously, but let me elaborate more on this

Gold Rocket | Satoshi Club: We’d love to hear from you 👍

KAREN: Just like you’ve said, Our wallet is almost like every other wallet out there with almost the same features, At Whirl we ain’t just building a wallet, As it encomposed with countless number of things

Gold Rocket | Satoshi Club: Tell us about your favorite features and functions😉

KAREN: Every features of the wallet always impressed me, so I can’t really. From the Trading Aspects, down to fees charge, down to the Outlook, Everything is just so exceptional

D. Папа Роуч: when your wallet will be available for users by the way?

KAREN: We’re almost done with the Development. Probably at the end of this month and early month it should be out

D. Папа Роуч: very nice! i would love to try your wallet 😊

KAREN: Done

Yes we’ll present an opportunity and also a beautiful giveaway for testers soon

D. Папа Роуч: 👀 cool! 😊👍

Gold Rocket | Satoshi Club: By the way, what is your team? How many people and what are they doing in the project?

KAREN: We’re majorly a team of 5. And the rest are just various moderators

Gold Rocket | Satoshi Club: I would also participate in testing. Don’t forget to invite Satoshi Clubbers😉

KAREN: Of cos, we’re open for this, We’ll give an opportunity to as many that wants to participate. Don’t forget that Whirl has a burning mechanism too, each transaction, 2% is sent to hell, through a gate of no return

Gold Rocket | Satoshi Club: Not a very big team. Are you anonymous or public persons?

KAREN: We’re an Anonymous, but doing great things, Because we want to see the world on a better place

Gold Rocket | Satoshi Club: thanks for answers! everything is clear to me! ready for the next question?

KAREN: By the way, We’re having our Charity donation soon to Countries in Africa, like Nigeria, Somalia, Zimbabwe and lot of them, So we’re here to impact positively in the world

Sure, I am

D. Папа Роуч: let’s go! 🚀

Gold Rocket | Satoshi Club: It is very commendable, to give part of the income to good deeds.👏👏👏

 Q3 from Telegram user @JesusFre1tes

Whirl have a 5 second block time and a Proof-of-Authority (PoA) consensus mechanism. This is incredibly fast. How does the PoA consensus mechanism help Whirl to be faster? What advantages have you found specifically in this consensus model? Why did you choose PoA instead of other well-known ones such as LPoS, PoW, DPoS or others?

D. Папа Роуч: quite techie question 😄

KAREN: Yes and that’s what we’re about to hit on, you know Corona Virus pandemic has caused a lot of damages. So whirl finance is here to help in elevating humanity. Hahahaha, Technical Questions

 Well, like I said earlier on, The things that you’re actually seeing within the Whirl ecosystem platform, We’re all decided together with our Investors, we’ve had a look and views from various angle, hence we go for what’s best for us

Done

D. Папа Роуч: ok, got it! difficult question simple answer 😁👍

KAREN: Hahahaha, No hard life, because it was simple for us all to decide

Gold Rocket | Satoshi Club: Ready to proceed to the next question?😁

KAREN: Yes

Q4 from Telegram User @Arisabela

There’s two ways to farm LP tokens with Whirl, th Vegan Farm and the Kindcow farm, can you tell us the advantages of each one? Why did you decided to associate with this two projects and for one of your core feaures: farming?

KAREN:

Well, this statement isn’t correct, because we have over 5 to 6 different farm LP available to us now. From Vegas, Pandao,kindcow, and lot of others

 Each of them you see on there on the ecosystem have great potential, We had a look at both side and it was very very exciting to grow together, Having the various advantages and benefit we could get from them and and us to them

D. Папа Роуч: when did you start your LP farming?

KAREN: Probably first week of our Launch and a lot of people are enjoying the LP Farming right now

Done

D. Папа Роуч: can you share with us link to your farming pools?

KAREN: Sure, Please be patient why I get them up here. Here is a guide for each one including the various links

“Farming is open — Staking method whirl-bnb (LP token)” by Whirl Finance

https://link.medium.com/mMNZfADGNeb

 We are proud to announce our partnership with VeganSwap!

Liquidity Staking is Live!

You can stake your WHIRL/BNB Liquidity from Pancakeswap and Earn $VEGAN

https://veganswap.finance/farms

To buy whirl, check pinned message here: @whirlfinanceann

You can join on Vegan Nation too

@veganswap

Done

You’re welcome

D. Папа Роуч: thank you! ready for the next question?

KAREN: Sure

Q5 from Telegram user @NataliyaKil

Whirl Finance’s security rating according to Cointobuy analysis: WHIRL is ranked 3163 out of 3991 cryptocurrencies. So, what steps do you take to keep your users and the platform safe?

D. Папа Роуч: actually im first time hearing about this rating system😁

KAREN: Well, If you’ve been Follow our Channel, You will realized how greatly our Security is, And its rated as Military grade. One thing I’ve come to realize, New project ain’t really getting the Justified rating, So we’ll keep on doing our thing, and not be moved by the rating of other platform as we’re still very new in the Crypto space

D. Папа Роуч: you on the right way  👍

Gold Rocket | Satoshi Club: Safety first! 👍

KAREN: But I assure you, All your asset are very very secure within our Ecosystem platform. If you follow all protocol. You’re completely safe, And gat nothing to loss or fear

D. Папа Роуч: as i know your contract passed audit?

KAREN: I didn’t even have an idea. But I’ve seen things like that about other projects. Yes it was completely great, Next audit is coming up again soon

Done

D. Папа Роуч: nice! thank you! ready for the last question from this part?

KAREN: Go on

Q6 from Telegram user @belkysgonzalez

The roadmap of Whirl Finance is not really specific yet. The goals for April 2021 are Whirl Wallet Launch and More developments. What do you mean exactly by “More developments”? Would you share with us what will you be working on for April?

KAREN: We have a lot of Platform Development including, The App Launch, More Marketing, Partnership, As well as great view of Launching our Debit Cards too

Just a quick explaination of the app

The app is basically a multi wallet Chain, that Accepts Different Blockchain System, Including ERC-20, Bep-20 and the rest of like 3 to 4 different Chain will be intergated into the wallet

° This App will be entrust, with 100% Guarantee of security and safe, which will present its self as a number one wallet of global industrial services.

° It will also enables Live trading and price chart information on desk from the go, on Various Crypto Currency Exchanges, Which is already been worked on at the moment 

° The App Development, And it’s Features, Is set to be the greatest that has ever been present, Setting afar up to be the Greatest Technology, The world is waiting to see, With everlasting Impact on the Global industry, in years to come.

° It will also serve as  Decentralized system of peer to peer, With superb encryption support

° enablement to Exploring a Decentralized World. Where you trade all Asset anonymously and Seamlessly.

° Whirl the world at your Finger tips made easy

@Whirlfinance

Done

D. Папа Роуч: @Karenword big thank you for answers in part 1! we will open chat for 2 minutes, after chat will be closed – you can start select questions from Satoshi Сlub members! 😉

KAREN: Let’s go

Part 2 — live questions from the Telegram community

Q1 from Telegram User @highpee

👋Hello

You have hinted that you are not just going to be focusing on the profit side of crypto but you will be engaging in SERVICE TO HUMANITY through CHARITY . So how will you combine the two together? Which aspect of charity are you focusing on and which locations will benefit from this kind gesture?

@MrGreen00x

@karenWord

KAREN: Well, There’s nothing like combining two together, It’s always been the part and reason why FlashX founds Whirl to help the less previlege ones. As for locations, I sharred a few earlier, I think you can found them above. So thank you for this question. It’s great to know that you’re really concerned about Whirl

Q2 from Telegram User @JoanaZ

➡️The Whirl Finance wallet just is able to support tokens of BSC ( BEP-20) or also other type of token are available too?n

KAREN: Yes as shared above, It will be compatible with over 4 to 5 different Chain. Also a great support and acceptance of the major tokens and chain available

Q3 from Telegram User @AmirJosh

Whirl Finance allocated 30,000,000 $WHIRL for airdrop. How can users join this event? When will this airdrop commence and what are the requirements to be included on it?

KAREN: This event hasn’t been be launch yet, Thousands we’re currently strategizing on this, so I will advise you to stick to our announcement channel, because it will be Communicated through there as soon as possible.

https://t.me/WhirlFinanceAnn

Q4 from Telegram User @lzamg

🌟One of the products of Whirl Finance is the Whirl Master Card, which offers a series of benefits for its users, including the possibility of paying with the Whirl token for instant conversion to fiat. But as we all know, in some countries the use of cryptocurrencies is not completely adopted, so how do you plan to overcome this challenge? How will you accomplish the mass-adoption of your token and wallet? @MrGreen00x @karenWord

KAREN: Superb Questions. Yes our Debit Cards is in View already, Mass Adaption is possible to achieve, As long as Bitcoin keeps breaking and opening of Boundaries, Countries who haven’t adopted Cryptocurrency are also on our list and we’re looking for a solution and plans for them too, I myself being part of the Strategic team and Marketing Manager, We’re seeking for a better way to provide a solution to this

Q5 from Telegram User @h1drX

I think that most of the people who work with cryptocurrencies when thinking of a wallet automatically turn to TrustWallet, Metamask or TronLink as the first option, so it is a very big challenge to be able to take WhirlWallet to be one of the top wallets.  Can you review the good aspects of WhirlWallet compared to the other wallets?

@karenWord

@MrGreen00x

KAREN: Well, Metamask had its own issue, Our wallet will be Developed on the simplest interface, But military grade security system, So one thing you should know is that we ain’t here to compete with them, but to improve the system and take far beyond where they’re currently setting, one things is this, Good product, Don’t stay long before it shows it’s robust system. And as for WHIRL FINANCE we’re on the right track

Q6 from Telegram User @rockmorti

Can the community decide on the changes and participate directly in the future of WHIRL through some mechanism well known as governance or DAO?

KAREN: Yes, If you’re part of our community, You will realized that Community has been the one ruling, So I now I tell you Community are the real MVP, They’re Kings, That’s why we always considered them when making decisions

Q7 from Telegram User @MihaiPisica

Hello @MrGreen00x @karenWord

You said you are having our Charity donation soon to Countries in Africa, like Nigeria, Somalia, Zimbabwe and lot of them. Can you give us more details about it? What you will donate there? Btw, how do you see developing such a complex ecosystem like blockchain in the poorest continent in the world?

KAREN: Well, Africa isn’t poor if you understand the background and knows the history of the Continent, Black Lives didn’t start with Slavery, Africa leaders actually let themselves down. Hence there’s a toxics feeling all around. so many advantages are on there on that beautiful Continent , So we’re going there to donate like Foods items and clothing materials for them, the less privilege, Imagine a system the Government doesn’t care about her people. We’re really want to elevate this, If the world population could join us on this mission, We could probably eliminate hunger from Africa and make their lives better. But nevertheless we’ll do our best, to best of our limits

Q8 from Telegram User @apocan99

I saw in your roadmap that there will be new use cases, what is the plan for this?

KAREN: Yes this is true, But I wouldn’t speculate now, We’re discussing with a very big company in Asia, trying to get things up, once it work out, we’ll announced our New Usecases. Thank you for this question

Q9 from Telegram User @MihaiPisica

Hello @MrGreen00x @karenWord

I read on your site that TechRate was commissioned by Whirl Finance to perform an audit of smart contracts, the purpose of the audit being to achieve the following – 1)Ensure that the smart contract functions as intended; 2)Identify potential security issues with the smart contract. Did it pass the audition? What does your audit say about possible delays in data delivery and private user data leaks? Is there anything we should care about, considering that your token is listed on PancakeSwap, which was exposed to some risks a few days ago?

KAREN: Our Audit was delivered perfectly well, Infact it’s a total win, 100/100 very secure and safe, So there’s no delay, read more of this via our channel or Community page

Q10 from Telegram User @MihaiPisica

Hello @MrGreen00x @karenWord

 I saw on youtube about you on the channel “Crypto Crazy”, people are speaking high about you there. The fact which caught my attention is what I read about your products and properly I’m saying about “MASTER CARD”. Did I understand right that you have a partnership with that amazing worldwide banking system?? There is said that WHIRL MASTER CARD enables customers and investors alike as well as presenting a beautiful and well design platform for Crypto Master Cards to be used worldwide and it can provide Cashback up to 10%. Can you relate to us more about this product? What will be the fees for withdrawing real money and in which countries it can be ordered?

KAREN: Oh sorry about that mistake, We’re planning of editing the Whitepaper, because of Wrong interpretation of that part, We ain’t in Partnership with Master Card, Rather Whirl will be issuing out its own Debit Cards, Which will be available soon

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of Whirl Finance. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.

For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru

Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners:

Telegram Group: https://t.me/WhirlFinance

We are pleased to announce our next AMA on March 25th 2021 at 04:30 PM UTC Time: Satoshi Club x YellowRoad

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join YellowRoad 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. YellowRoad Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about YellowRoad

For more details:
YellowRoad – @yellowroadofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish