We are pleased to announce our next AMA on April 25th 2021 at 01:00 PM UTC Time: Satoshi Club x ENEX
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join ENEX Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. ENEX Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about ENEX
For more details:
ENEX Website – enex.space
ENEX Telegram – @enexspacechat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
1..What’s the best way
for the community to learn more
about Enex space and to keep updated
about Enex space
…………
2..Why is there no hype around Enex space?
…………
3..What’s your greatest threat
going forward and what plans are in place to
overcome them?
What are some of the most rewarding and motivating moments this project has given the ENEX team?
04/28/2021 ENEX landed for an IDO on ZEEDO platform. Why did you choose this platform, what makes it good or convenient for ENEX? Did you ever have a choice on which platform to stay on?
One of the functions that Enex.space offers us is EXCHANGE. We can trade one token for another with an Improved AMM algorithm. Please tell us about it: what AMM algorithm, what tokens we can trade and what commission will your platform take?
Commander ENEX recently announced that ENEX had updated the Tokenomics. What changes have been made, how does the current version of tokenomics differ from the previous one? Could you show us both versions (for comparison)?
I can’t wait to see your market place plans.
such as, freelance platform launching,
Launch of Enex.space Farm,
Launch of the ENex.space Start-up Aggregator. when will all that be realized? Let me know.
What is your plan for global expansion? At present, which market does Enex.space focus on, or is it focused on building and growing to gain customers, users and partners?
Can you explain what are the enex.space and how to participate in them ?
I have been following your private round and well it is presently going well. You have also planned a round for the public to be held April 28th on ZeeDo. I checked the platform and noticed the IDO will be in two part; the ETH’s and the BSC’s. Does that mean the $ENX token will be available in both the ETH and the BSC Blockchain. What else can you tell us about the IDO? There is also a place on the website that requires we typing our gmail for whitelisting. There is no any other further instructions about that. What else is required after inputting our email?
Your IDO is starting this Wednesday at 26-28 April on Dex Token Offering page of ZeroSwap Platform, which has done AMA here on Satoshi too. I see two types of IDO there. One is ETH and the other is BSC. Are there any difference between them for getting the ENX tokens? Also this IDO is for token holders who has 3000 ZEE. Do you have another IDO for users don’t hold any ZEE tokens? Also you have another IDO on Cyberfi Samurai. Can you share the details of your IDOs?
ENEX is the first DeFi platform powered by Enecuum Network. And Enecuum allows regular mobile and desktop devices into the blockchain to be a part of global blockchain network. It even have mobile masternode for android users. What are the advantages of Enecuum Network that provide a reliable platform for users and made you choose it for building an ecosystem on the ENEX?
community is an internal part of a project. So, tell us how many community members to date do you have and how many developers are working on this project?
If I am a developer, and I am interested in contributing to your project in addition to earning income, Do you have a Bug Bounty to check for potential vulnerabilities?
What are your plans to check the safety of your ecosystem regularly? and also invite developers to build your project?
Can you give an overview of the token economy and how the business works in the ENEX project?
You already have many investors and partnerships on your private sale with Plutus, X21 Digital, AU21 Capital, TODO BLOCK and many more. Are they also going to provide any liquidity for ENX after your IDO’s are over and ENX token is listed on uniswap? Can you tell us the details of your partnerships and what are the achievements ENEX get from its partnerships?
NFT Market is on your upcoming roadmap. Can you tell us when is it going to be done and tell us more details about how is it going to work? Also will there be any option for artist to create NFT’s and start their own auctions to sell their NFT’s?
You are offering three liquidity pools with curious drink names: Whiskey / Cola, Gin / Tonic and LPwx / ENX, is there a specific reason for this? How are these three pools different and what are the benefits?
One of the fears of liquidity providers are the risk associated and locking of their assets, according to your docs users can extract their assets from the liquidity pools by returning corresponding LP token to pool at any time, but is there any risk with this? Can you tell us how safe are your trading pairs to have LP token?
In your Medium I noticed that ENEX is built on the Enecuum blockchain whose purpose in DeFi is unique and special since Enecuum allows each smartphone owner to be part of its global network. As a result of this, I am intrigued to know why you decided to build ENEX on the Enecuum blockchain, what benefits can you gain from this?
ENEX’s liquidity pools are powered by Automated Market Makers (AMMs), but AMMs often suffer from vulnerabilities due to complex smart contract interactions that could cause users to lose money. Is this something that ENEX users should be concerned about? How secure are the operations carried out by MMA smart contracts?
ENEX.SPACE is made up of liquidity, treasury and space station pools. But I would like to understand a little more the treasury and the role it plays in the project. I understand that the only entity allowed full access is the Commander, what is the commander’s job? Why doesn’t anyone else have access to the treasury?
ENEX.SPACE consists of liquidity funds, a so-called treasury fund and other agricultural production opportunities through the platform functions “Space Drop”, “Space Harvest Farm” and “Space Station”, in addition to a chain bridge crusade. But the truth is that many of these functions are already offered by many platforms, but would you like to know what the broad objective of ENEX is? I mean, what do you want to contribute to the entire DeFi ecosystem?
In your Medium I noticed that these last weeks you have been announcing many strategic partnerships of ENEX SPACE, do you plan to announce more partnerships in the near future? Can you give us a preview of this?
I was reading on your Medium about Market Making (PMM) which is Peanut’s price equilibrium technology. Is this new technology going to replace AMMs? Or will they work together to achieve their goals? Can you tell us what is the purpose of PMMs and how do they work?
I could see a comparative table of the fees depending on the trading in different DEX’s, the lowest percentage is in BSC with 0.20% but that of ENEX.SPACE is even higher than that of the ethereum platforms with 0.35%, you can tell us the reason for these higher fees? What advantages does Enecuum have over the other platforms?
ENEX.SPACE is DeFi platform built on Enecuum blockchain. This is my first time hearing enecuum blockchain and i will like to explain the reasons you are using enecuum blockchain, what are the advantages enecuum blockchain have over other blockchain. Is enecuum blockchain secured as well.
A community round results was shown on your website where *4 of your allocated target, is this a type of private sale you conducted or is it a type of donations. How were you able you achieved 404% of your total allocation in this present crypto dumps.
Nowadays we have the common problem when you provide liquidity for a new token which is impermanence loss, when you provide liquidity for a token, it is then reduced because of the increase in price of the token. How do you plan to approach this kind of loss because normally a token price should not be stable then why the deduction of the token. How do you plan to approach impermanence loss.
I researched and figure out one of the main importance of Enecuum Network without approval functionality opposite to Ethereum based blockchains is that it make your pools secure and leave you full control over the funds. Are you in control of the enecuum blockchain, how do you plan to achieve this by leaving users to be in full control of funds. Are there no backlash when user unstake on your platform.
You have something you called space station on your platform, which is a mechanism for distributing some certain amount of ENX over ENX shareholders. I will like to know the reason it is called space station, what are the requirements before you can be qualified to receive any token from you. Is this space station a form of staking or there are more to it I don’t understand.
Do you have any previous private sale or public sale that you have conducted, how was the turn up from the users. What is the hard cap and soft cap, do you meet any of the hard cap and soft cap.
In your exchange features, it is stated that we can trade one token for another with an Improved AMM algorithm. Can you explain to us more about the Improved AMM algorithm being implemented and applied for trading token in Next Space? How does it being carried out in your platform? What advantage that this Improved AMM algorithm brings to your platform and to investors and traders? Thank you
You have Eneecum Token Machine in your platform,so can you explain how does this token machine works? How long does it takes to create tokens and how many tokens can be created? Is this machine is physically present in your platform or only online? Thank you
On your docs it says architecture of Enecuum Network without approval functionality opposite to Ethereum based blockchains make your pools secure and leave you full control over the funds. So when we use Enex Space, there will not be any approve when we trade? How is this system working and how is it more secure than the Ethereum based blockchains?
ENX token is the native token of Enex.Space. Could you tell us what rales ENX token have on your ecosystem? Do we need to hold ENX tokens for trading, payment or for governance or do we need Enecuum network coin ENQ for this? Also as this system works with multiple different kinds of blockchains all together what are thee fees on your platform?
Enex.space is powered by the Enecuum blockchain and a defi project built by Trinity Lab. Enecuum Network has three consensus combination Proof-of-Work (PoW), Proof-of-Activity (PoA) and Proof-of-Stake (PoS) algorithms for building really fast and low fee projects. Since the start of the product what innovations did you develop with this infrastructures? What impacts will this bring to the users when the platform is ready and live?
Can you explain what is the commmunity round result that shows in ENEX Website? An Allocation of 2,205,000.00 ENQ 100% and Received 8,912,688.51 ENQ 404%. Where did this figures came from?
The Enecuum Network combines the Trinity Protocol combination of Proof-of-Work (PoW), Proof-of-Activity (PoA), and Proof-of-Stake (PoS) algorithms to deliver a hybrid form of consensus, powered by the ENQ token. Combining these 3 seems takes a lot of adjustment and work. So which of these 3 has more influence or has more functions featured on your newly developed Hybrid consensus?
Hi ENEX!
ENEX is the first DeFi platform powered by Enecuum Network. Can you tell us why you chose the Enecuum? What advantages does it bring over the more traditional blockchains? Will it be easy for users from other chains to join your platform?
Hi ENEX!
I see you have a bridge to ETH and BSC and more crosschain plans like Polka and Fusion for later, this is HUGE! Supporting multiple chains is a must to become a global player these days. How do you plan to incentivize users from these blockchains to come over and stay with ENEX ? What are the main selling points of your platform?
Hi ENEX!
With each transaction users will pay the transaction fee of 0.1 $ENQ to the Enecuum network. This means all custom token creators will have to set their fees higher than 0.1 $ENQ to cover the platform fees. If the $ENQ price grows do you have a plan on how to decrease the platform fees? I also wonder what will the fee be primarily used for, further development of the platform? What exciting new features are you planning to add to the platform in the future?
Do Enecuum blockchain become one of fork from other blockchain protocol that already exist? Can you show us how are the architecture from ENEX exchange that use Enecuum blockchain? What are the different with existing DEX using ETH or BSC chain?
In ENEX tokenomics, 21% of total supply is allocated to the team members and 8% for advisers and strategic partners. Why such a high percent of token allocation for your team? How many team members do ENEX have and will share the 4.4 million $ENX?
I read from your site Enecuum is using combination of 3 consensus protocol, which are Proof of Stake (POS), Proof of Action (POA), and Proof of Work (POW). How this combination become advantage of ENEX Exchange? Can you describe in simple way how does this 3 combination work inside ENEX platform?
Enex Exchange have 2 IDO on ZeroSwap and Cyberfi, but i read CyberFi name it Samurai Lottery IDO, can you explain are there any different between two of your IDO? Is that mean Cyberfi IDO will using ‘lottery’ system and everyone who buy the ticket can be a winner? Please explain more about your IDO
How many IDO platform does ENEX have and which one do you think is the most successful one?
ENEX Space is DeFi platform with DEX as their product. I see that you also create ENX token. What are the use from ENX token inside EXEX Space platform? Can we use it for stake, yield farm or maybe trading it in your exchange?
We all know that community development and partnership are the spinal cord of any project.
At present what strategies does Team “ENEX” have to achieve global recognition?
Could you please tell the community about your partners?
Also add the progress made by Team “ENEX” with them.