We are pleased to announce our next AMA on April 7th 2021 at 02:00 PM UTC Time: Satoshi Club x Bore Token
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Bore Token Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Bore Token Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Bore Token
For more details:
Bore Token Website – bnbvault.finance
Bore Token Telegram – @BOREvault
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Hey, A nice move with your project. On your medium page, you said Bore is a fork of Core on bsc which is really a nice move. In what way would BORE perform better than CORE? Most forked coin performs better like BCH with lower transaction and increased block size. What are the better features BORE and the Bnb-vault would provide? What is the difference between CORE and BORE?
From a little research, I got to know that CORE liquidity providers are locked forever, you cannot claim underlying assest. Will that be same with BORE LPs? If yes, will the reward be same as COREs? Or if No, for how long would i be able to stake before i can claim underlying assest and what is the reward?
Your liquidity generation event started 4 days ago on your website bnbvault.finance. when do you plan on ending it? Is it when the 10000 tokens are distributed or there would be a timer like CORE? which token can we add to the LGE smart contract? The tokens claimed during the LGE, where can it be traded or staked for reward?
Your first project CORE was launched in September on the Ethereum chain and it has been deemed to be largely successful. However, you have now decided to clone this project and create BORE as a fork of CORE. Why do you think a fork of CORE is necessary and what do you intend to achieve with BORE? What are the limitations that are found in CORE which you will improving on with BORE and in what way will BORE operate differently?
Farming activities on most DeFi projects usually involves minting and transfer of native tokens in order to earn more, but BORE is adopting a different approach to this called “deflationary farming”. Can you carefully explain how this process works and how sustainable is this method to preserving BORE’s core design of been a non-inflationary crytocurrency?
In order to raise liquidity for your project, you are having a Liquidity Generation Event, LGE and I read that 80% of liquidity generated will be autolock in pancakeswap. What will happen to the remaining 20% of BNB deposited by LGE participants and for how long is LGE expected to last? How will you calculate LP tokens that will be issued to LGE participants and what are the benefits for holding LP tokens? Will you have additional farming pools for LP tokens holders where they can stake their asset into and earn reward?
Bore Token’s LGE kickstarted few days ago, amongst the conditions for participation one has to contribute BNB to the BORE Fair Launch smart contract to receive tokens, and the contributed BNB will be matched and added to the PANCAKESWAP liquidity pool. How long do these LP tokens need to be in the liquidity pool before rewards are distributed and what is the rationale behind locking up and restricting removal of liquidity tokens from the PANCAKESWAP LP pools?
What are the benefits of joining your platform? Do you have a whitepaper? Can’t find any. And can you share your roadmap?
In order to encourage real value, TVL and asset inflow into BORE, you said you have design BORE smart contracts to utilise a interchangeable farm strategies and this will allow anyone to farm BORE with other coins other than BORE/BNB. What does this interchangeable strategy consist of and in what way will this be deployed? Will it involve the creation of additional pools to accommodate this non-BORE tokens? And if this is the case, won’t this approach disincentive other farmers by diluting the available reward pool?
Bore being a new non inflammatory crypto currency and i will like to know if the teams of dev published their codes and in how many contracts it is written in or how can we get access to it. I will also like to know if their audit have been published.
BORE is said to be a branch of CORE on bsc, can you explain how your creation on CORE helped in the creation of BORE and most especially the main difference between BORE and CORE apart from the transaction fees. What we should expect from BORE in months to come.
I read your tokenomics and it said there will 10000 token available but all will be distributed in form of liquidity token, i will like to know if the teams are going to receive any token with how they are going to be rewarded if they are not being give token.
I heard about the recent DDOS attacks on your website and i did like to know how many days it took you before you gain access to your website and how you have up your security games since that time, because we need your very top security assurance before we start using your networks.
Currently on most existing autonomous strategy execution platforms, a team or a single developer is solely responsible for determining how locked funds are used to generate ROI. This is dangerous for the health of the fund as it grows. What option does BORE Token offer so as not to harm the health of the token and the benefits of the community?
According to my research I think that BORE is the first to not be affected by inflation when you either stake or farm, i did like to know the platform in which we can stake BORE and the APY when we stake and any other rewards when we stake. How much of the funds are used for liquidity also.
Currently most of the existing projects in the market promise a totally decentralized economy and Governance, but it turns out that the project ends I feel like one of the bunch because they do not present any innovation, nothing different from the everyday. What positive differences are those presented by BARE Token? What is innovative about them to beat the current competition that exists in the market?
I tried all my best in trying to get your roadmap but all to no avail, do you have a roadmap or how do plan your users to follow your projects.
It is my understanding that for the pool I can contribute BNB to the BORE Fair Launch smart contract to receive tokens, and the contributed BNB will be combined and added to the liquidity pool of PANCAKESWAP. How long will my funds be locked in BORE PANCAKESWAP LP? How will the rewards be distributed?
From my research i heard of your success at the creation of CORE, i will like to know how the project is a success and your plan for this new project BORE or do you have plans to switch to NFT that is currently trending in the cryptocurrency world.
Can you explain the process of farming BORE with coins other than BORE/BNB LP and what are these coins ?
You said that the circulating supply can only go down then its possible to hit 0 if so what is the solution ?
Can you tell us about the token tokenimics? How will the value of the token being determined? You talked about the price floor – a point below which price cannot drop. How would you maintain it?
Your website was attacked. How have you been able to deal with it? And do you have any plan in place to guard against future occurence?
BORE is a fork of the core of a non-inflationary cryptocurrency that is designed to autonomously execute profit-generating strategies with a completely decentralized approach. What are the security methods implemented by BORE for the care of the data and assets of the users who hold the token?
Many believe that adding additional pools is discouraged by the fact that it can dilute the rewards for pools that people are currently growing. Could you detail us if the same happens in the model that BARE TOKEN implements? For the case of uses of BARE TOKEN, would you like to know if you have third-party validators on your platform?
To encourage real value and TVL to flow into BORE, BORE smart contracts employ exchangeable strategies that store coins within groups. Under which chain is the governance of BORE TOKEN carried out? Could you explain the decision process at the main chain level?
To encourage real value and TVL to flow into BORE, BORE smart contracts employ exchangeable strategies that store coins within groups. This gives a great incentive to anyone who wants to farm BORE with coins other than BORE / BNB LP. What are the main functions that I must fulfill to be a bearer of BARE TOKEN benefits?
All transfers must be approved by the BORE Transfers smart contract, which will block all liquidity withdrawals from PANCAKESWAP. This will ensure a stable market, giving skins to owners and farmers in the game. What is the livable app chain in the BARE TOKEN ecosystem? there are some ?
As we all know and take into account that once added, liquidity tokens cannot be removed from BORE PANCAKESWAP LP funds. This is by design. What is the capital offer that BARE TOKEN offers to convince new investors to trust this curious project? Can I participate in BARE?
I understand that I can contribute BNB to the BORE Fair Launch smart contract to receive tokens, and the contributed BNB will be combined and added to the PANCAKESWAP liquidity pool. Will the BARE token supply be updated in the future and will more tokens be inserted into the market or only minted ones will be used?
I understand that their beginnings have a history from last year and that they were previously working under the Ethereum network. Why have they made a switch to BSC if they had a bit of success with the old chain?
To encourage real value and TVL to flow into BORE, BORE smart contracts employ exchangeable strategies that store coins within groups. What are the benefits of these strategies for those who want to grow BORE?
Reading about your initial distribution I could see that it will be held with a liquidity event and once the contributions are done and added to the Pancakeswap liquidity pool it can’t be removed from the BORE Pancakeswap LP pools, why did you created this design? What facts can you expose to gain the reliability of your investors?
I noticed your website is inspired on the old interface of Windows 98 including its basic utilities like Paint, Minesweeper and even Solitaire, what’s the purpose of all that? What improvements will you do to this interface in the future?
hahaha, you made me remember my pc in the 90s, what opinion do you deserve to the various platforms that launch a visualization of what was the beginning of computing?
I saw that you’re a very young project, even you created your twitter account on March 2021. While i was researching your page i realized there is not whitepaper, partners list, information about the BORE team. I worried a little about this because if we don’t have the enough information how can we trust our money to you? Could you share information about the points mentioned before with us? Please
What does Bore Token plan or has conducted on its project to raise the value of BoreToken LGE? Is there any effort to make the project stable and profitable?
This is really important for us. Does your team solid in regard to their knowledge and experiences of the project BoreToken is working ?
There’s a feature on your website named “The Beaty Zone” however when I click it doesn’t open any link or action, what is it and what is it for?
You tweeted some days ago that BORE token aims to become the next BSC King, what novel features apart from a non-inflationary cyptocurrency do you plan to contribute to the Binance Smart Chain ecosystem and what problems are you addressing to solve?
The Total Supply is only 10.000 as control the impermanent loss of those who perform staking or this system is based only on farming,? because he decided to make a project under such a low supply, this supply will also burn or remain fixed?
You said BORE is a fork of CORE on BSC and CORE is the first project you did 40x on. I didn’t get the chance to know about CORE and I’ve heard it was a very successful project. So can you tell us why did you made BORE and what are the differences between BORE & CORE and what do you think made CORE to it’s huge success? Also how are you confident that BORE project will going to be a hit too?
Your Liquidity Generation Events (LGE) is still live right? So can you make us understand more what’s LGE by the way and what’s the mechanism behind your Liquidity Generation Events and what’s the happenings during that event? Also how many days you planned it will last and will there be more next LGE coming after this?
On your medium article, I’ve read about your Deflationary Farming and there’s nothing much details about it. So can you explain more the Deflationary Farming part and how does it works? Also in order to participate in your deflationary farming, what do we need to do and how do we farm BORE when it’s Deflationary?
Actually I always hear project have deflationary token but BORE project claim have new innovation with ‘deflationary farming’ can you explain how does its different with other farming project?
I read from your telegram, BORE project is a fork from CORE project on BSC, can you give reason why did you create project using technology from CORE? Is it totally same with CORE or do your have some new and special feature that CORE dont have?
You mentioned on your website that the liquidity generation event was going to start on March 30, 2021. But what happened to this event? Did they do it or was it postponed? Could you give me more information about this event?
The roadmap serves to give a basis to the project, to know where it is and what to do to get where it wants to go. So has Bora token managed to establish a roadmap? Could you tell me about your next goals for this year?
Talking about staking with your native token, you mention that BORE Stake / Unstake v1.0 is coming soon, but could you give me some information on how staking works so I can prepare for when it’s ready? What will be the approximate percentage of APY that users will get? And where can the token be traded to carry out this staking?
Your official website doesn’t display any information about the team behind the project that is currently working on so can you tell us their background?
When too many previous projects are being developed within the project’s objective, what special advantage does BORE have in beating other competitors?
BORE is a fork of core a non-inflationary cryptocurrency that is designed to execute profit-generating strategies autonomously with a completely decentralized approach. What currency is meant in this case and what led to the fork? And what difficulties did you have to overcome?
No project can exist without a community. And the community should always come first during rebranding, leadership changes, or as in this case with you, during a fork. How has your community benefited from these changes, and have your users been taken into account? Did they feel any financial loss?
According to your Twitter,people are keep comparing Bore Token to Core, so can you tell us the reason why they compare Bore Token to Core? Basically,what is your edge to Core? How will you react if people compare Bore Token to Core? What steps are you doing for people to stop comparing your platform to Core for them to only think about Bore token but not other token ? Thank you
As we know many platforms nowadays already launching in Binance Smart Chain and one of the post on your twitter you stated that Bore will be the first BSC King. So can you explain to us some reason or factors how can you say that you will be the first BSC king despite of having many competitors especially in BSC? How will Bore token possibly achieve to be the First King of BSC? Thank you
BORE smart contracts employ interchangeable strategies that farm the coins inside the pools. What do you mean by “interchageable strategies”? How do this strategy of BORE farming works? Is it different from normal farming the users already knew and familiar with?
Can you give us more information about the Liquidity Generation Event or LGE in Bore token? How does Liquidity Generation Event (LGE) differ from Token Generation Event (TGE)? It was held just last April 3, can anyone still be able to participate it? If you have LGE, do you plan to also launch TGE or Token Generation Event (TGE) for $BORE token? Thank you
BORE introduced a deflationary farming program which charges a fee on token transfers and the fee can be earn by farming. Other than adding additional fees for users, how BORE farming is different from other farming program? Will your farmers can recieve a high returns for their investment?
On your telegram pinned post last March 30, you announced that BoreToken is getting audited by RUG DETECTIVES. Many BSC project resulted to rug pull so this information is a must have and very important for investors. Do you already have the result of the audit? When will the report be release?
I think there is something is really unique on tokenomics of BORE. There are only 10.000 tokens and the team does not hold any tokens. So can we say the community will own the BORE token? Why did you choose this idea to allocate no tokens for the team? And what benefits will this bring for BORE?
BORE says that no-one will be solely responsible for determining how locked funds are used to generate ROI and opts for the decentralized governance. Could you please tell us what decisions will the stakers be able to vote on? Will it be possible to make new public proposals?
I read that once added, liquidity tokens can not be removed from the BORE PANCAKESWAP LP pools. This is scary 🙂 Does this mean the stakers will not be able to get their ol BNBs back? There should be one hell of incentive for people to stake one way. Could you please comment? Thank you!
Minesweeper, Solitaire, Paint – good old days of windows 3.1! Could you please tell us the story behind those? Are these apps just for fun or do they have some hidden BORE related functionality? I almost expect an Easter egg hiding there!
1. I saw in your TG Channel an announcement about your project being audited by RUG DETECTIVES. Can you relate us to what will focus your main task audition process? Are there possible some private user data leaks, delays in data delivery, or some other issues you should figure out and we must stay attentive? And when it will be finished and revealed? What about other more audition campaigns from 3rd parties and when are they planed? Or it will be just one by this time?
2. I accessed today on your site “https://bnbvault.finance” and it shows me as a PC desktop, with some old-school and classical games like Solitaire, Minesweeper. What is the idea of it? We can do mining playing those games? I won in both games there, but in the end, it doesn’t count as a win. Is it a bug or not a finished version of the website? And I saw you have there also “Paint” application – what’s its purpose? We can draw something there and then sell it as an NFT? It says to me to connect my Metamask wallet. For what reason?
Before I want to join your liquidity generation event I saw a disclaimer of no warranty of contract and smart contract interaction carries an inherent risk and noone is liable for any damage of monetary. Can you explain more what risks are in joining LGE??
On your site, a few items caught my attention: Solitaire, Minesweeper, Paint, and BeautyZone. What is the purpose of these sections, some of which are games? Why did you put them on the home page of your site, do they have any meaning?
3. So, your Tokenomics shows you will have only 10 000 tokens, 80% of them being locked and not withdrawable by anybody. I’m quite confused here – before they will be locked, firstly how we can get them? And for how much time they will be locked? At the same time, you say there 2.2% will be charged as a transaction fee per transaction. So, how we can make a transaction with Bore Token if they will be locked? Your Tokenomics it’s very simple and at the same time a little bit unclear a bit, at least for me. So if you are kind, please share with us your thoughts )
You claim that BORE token is absolutely no inflation for yield farming, can you explain how are the mechanism to make BORE token can 100% without inflation?
My opinion, if a project wants to grow big and spread fast to world, then they need partner assistance to achieve that. but I don’t see list of partners from BORE tokens in your site, can you describe who are the partners of BORE token and what has been achieved from that partnership?
ON WHICH CHAIN OF BLOCKS IS BORE TOKEN BUILT? WHAT ARE THESE CHALLENGES YOU FACE AS A CRYPTOGRAPHIC PROJECT BY BEING SO NEW TO IT AND HOW DO YOU PLAN TO OVERCOME THEM SATISFACTORILY?
REGARDING DEFLATION AGRICULTURE, COULD YOU BRIEFLY EXPLAIN US A LITTLE MORE ABOUT THIS SOLUTION THAT YOU IMPLEMENT TO TAKE CARE OF YOUR $ BORE TOKENS AND AT THE SAME TIME HELP FARMERS WITH THE EXORBITING FEES OF THE DEFI SPACE?
I READ THAT THEY WERE RECENTLY AUDITED BY RUG DETECTIVES, ARE THE RESULTS OF THIS AUDIT ALREADY AVAILABLE? WERE RESULTS THAT YOU EXPECTED YOUR PROJECT OR WERE THERE ANY SURPRISES THAT YOU WILL NOT HAVE?
What are some of the main achievements that the #Bore Token project has achieved and what milestones are planned in the coming years?
How do you plan to publicize your project in different countries where English is not commonly spoken?