We are pleased to announce our next AMA on April 30th 2021 at 03:00 PM UTC Time: Satoshi Club x soar.fi
⚠️Click to see the hour
⚠️Total Reward pool: 500$
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join soar.fi 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$/10 users – Open chat for 120 seconds. You can post Max 3 questions. soar.fi Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about soar.fi
For more details:
soar.fi Website – soar.fi
soar.fi Telegram – @SoarFi
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
What is SorFi advantage over other projects? Is it from a security point of view or the technology you are using? Or are there other advantages? What makes you believe that your project is worth choosing?
What is the strategy used by Soar.Fi Project to attract new users and investors and keep them in the long term?
What are SoarFi top priorities in 2021? Can you share some of your plans for the coming year? Which part of the project are you focusing on most now?
What are the main benefits for Soar holders after BSC integration is launched? According to 0Soarx once said, BSC for trading so how is it going to work with frictionless yield generator mechanism in ERC20?
Do you have a plan to use a Liquidity Migrator with Binance Smart Chain or other chains such as the Heco chain and why?
Do you have any thoughts to open new developers to join Soar.fi team in the future and if not why do you think that way?
Due to Liquidity Migrator mainly solve rug pull projects, New Defi projects develop a new system to solve this problem too. Do you think is it going to affect the main advantage of Soar.fi in the future?
What is the competitive advantage of Project Nova to stand out among other competitors due to in the cryptocurrency space has many of launchpads protocol coming out every single day?
Today there are many system hacks. If for example the soar party has been hacked and it can cause harm to the user of soar which can harm the user, will the soar party return the lost funds?
In a liquidity exchange system, there are several risks involved. Namely the risk of smart contracts, for example the risk of bugs, design flaws, and what is most feared is the potential for attacks on the SOAR system that can harm users What does SOAR do to solve the problem if there is an external attack that could harm the user?
Email: ezcladoz378@gmail.com
In the liquidity exchange system there is Liquidity risk: Risk of failure of assets used as collateral at SOAR. the risk of liquidators not capturing liquidation opportunities in a timely manner, or the low market liquidity of the main assets that will be repaid. What should SOAR do in the event of liquidation risk?
There is literally 10 “non lasting” projects /minute created with liquidity on the bsc from rugpulls to just fast dying one. Is there a way for soar.fi to benefit from this ?
One of the main point of the soar token is the Community-driven; Can you elaborate and with examples if possible ?
What is soar.fi marketing plan for the upcoming year ? How will you communicate about all the advantages and the possibility of using soarFi among all of the bullshit/scam projects ? On what value(s) proposition(s) will you put the focus for the marketing campaigns?
Does the frictionless yield generator mechanism will also be on the BSC ? If so, do we have to stake SOAR BSC token in order to get the reward of will the reward system be a total of both ERC20 and BSC fees ?
Good afternoon. I know that you have created an awareness pool designed to increase the recognition of the project. Of course I would like to know more about what kind of help from the community you are willing to pay. And are you planning a competition to create a new project logo? Looking at it I understand that I am I’ve seen it somewhere before
What is the reason for the refusal to pre-sale what is this story with the airdrop for the defrauded investors of other projects? How do you plan to distribute your tokens and where does the start-up capital come from?
One of your main product is Liquidity Migrator, which you have described as a framework contract which will enable the control of liquidity by interchanging liquidity from one pool to another. How is liquidity migrator able to interchange pool tokens especially the LP tokens of projects that are no longer in active development? How can this feature be used by mid-level projects with low cap that may wish to use the merge function to absorb their liquidity into the migrator contract? What range of LP tokens can this feature support and what fees does this service attract?
You have an upcoming product which is you called the NovaPad. I read that this product will be a special launchpad for launching community curated projects. However to access sales on the launchpad, users will need another token called $SOARX in order for them to have a guaranteed whitelist spot. Since your first token $SOAR didn’t have a presale, how do you intend to distribute the $SOARX and what amount of it will be needed to partake in NovaPad projects? What type of projects can launch on NovaPad and how will these projects be screened in order to ensure that the community are not exposed to scam projects from bad actors
The year 2020 was a great springboard for cryptocurrencies with the rapid growth of DeFi. The sharp rise of new protocols has put cryptocurrencies in a new light, paving the way for users and institutions to participate in this new decentralized journey. What is the purpose that Soar.Fi intends to implement in the DeFi world? What strategy will they apply to become a growing ecosystem of users and liquidity if they don’t even make an initial sale? Describe why Soaf is compared to the black hole?
SOAR is an ERC-20 with a frictionless yield generator mechanism that applies a 1% fee on each transfer and instantly distributes the fee among holders. This is the easiest way to bet that exists today. Do you mean that by this, Holders don’t need to deposit tokens anywhere and wait for fees to be delivered? What other positive attributes does the $SOAR token present? Based on what fees are awarded and how long does it take to be reflected in the status of a $SOAR token holder? Will they implement some kind of $SOAR inflation?
In order to increase the volume and awareness of SOAR, you have designed a perpetual contest which you called Volume Harvester. What types of trading are considered when sorting wallets on the leaderboard and how are you able to separate real trades from wash trades, especially with USDT pairs which some users may use to cheekily increase their trading ratings in order to improve their standings on the volume table? How transparent is the rating process and for how long will this contest last? What are traders rewarded with and how are these reward distributed?
Liquidity Pool Migrator is a contract that allows a smooth exchange of liquidity. Whether it is tokens that lost their trading volume and are no longer in active development or simply exchange liquidity from one project to another. Is this function also characteristic of Soar.Fi? Will SOAR investors be able to migrate their LPs? How does the liquidity migration mechanism work? After redeeming the liquidity, will these tokens be burned?
When BSC launch?
How can I submit a project for NovaPAD?
What are the requirements for NovaPAD projects?
SOAR.FI aims to solve the essential problems investors face when engaging with their liquidity funds. From the smooth exchange of liquidity from one project to another to the absorption of small and mid-cap projects, SOAR will provide a framework to enable these actions. How does the migrator tool help to faithfully fulfill this central objective? Is the benefit of the migrator contract mutual or is only one party benefited?
I understand that in the migration process the SOAR LP tokens are transferred to the user. Will the Soar protocol apply any fees for this migration process? What is the goal of migrations and how does it benefit you as a protocol? How do you solve the essential problems investors face when engaging with their liquidity funds?
The sharp rise of new protocols has put cryptocurrencies in a new light, paving the way for users and institutions to participate in this new decentralized journey. Why did you decide to launch $ SOAR without fundraising or pre-marketing? How will you provide liquidity to investors? How will the funds be distributed?
in decentralized exchanges a residual liquidity originates, this liquidity is used by Soar but … What is the value of this residual liquidity and how can this resource be used within Soar to generate income?
I saw that the SOAR distribution is divided into Airdrop, Initial Liquidity and Product Development + Marketing + Fall V2, it is interesting that the initial distribution percentage (40%) is not higher than the other distributions, why is the percentage distribution of SOAR is it the same for both the Airdrop and the Initial Liquidity?
I was examining the total supply of SOAR (10,000,000 SOAR) and it seemed a bit strange to me that it is not a disproportionate amount like most projects have, what strategy is behind this supply and how do you control the value of SOAR based on of token burning?
Soar offers a “Transparency Report” where it is reported that there was no previous fundraising of SOAR tokens (presale, VCs), which is strange because it is very common for projects to do a presale to raise funds from development, where did SOAR get the funds without resorting to a pre-sale and who was responsible for the initial financing of SOAR?
Soar mentions that 40% of the total supply has been launched from the air, it seems good for the community but I do not know how this benefits the development of the platform, how does the Soar platform benefit when an air distribution of 40% is made ? What profit margin and reserves are distributed for SOAR?
Generally, projects block the supply of tokens related to development and marketing for 3-6 months. What blocking period has SOAR established for this Zone of the platform and how does this block strategically benefit the development of SOAR?
I read about Soar and its audit processes, it is interesting that they have chosen to audit their smart contracts through Hacken, how was the audit process of your contracts through Hacken and what other methods have they used to generate trust and transparency in the users?
Soar announced 4 days ago a new team token lock ($ 1,000,000), which is great news for your token to acquire much more value, how did this SOAR lock process happen and what is the future planning of periodic locks Through Trust Swap?
One of Soar’s goals recently has been to focus on the growth and exposure of ecosystems, such as the integration of BSC … Why have you chosen to carry out this integration at this time as a priority and when will the launch of Soarswap be?
There are three factors within SOAR that I would like to know how they are connected to each other, A paper plane in the logo + a liquidity start-up platform + the name SOAR, Where does this singular name come from and how are these 3 elements related between Yes to represent the vision of the platform?
$ 500k in SOAR + ETH has been locked for 2 years and other locks will take place in a short time, why does SOAR have so many locks scheduled in its planning and what positive effects does SOAR receive by performing multiple locks in a short time?
There is an objective that was scheduled for this month and was recently launched within SOAR, it is called Liquidity Migrator, what is the function of this tool on SOAR liquidity systems and why was the launch of this for the development of the platform?
Partnership plays a vital role in project adoption and development in the ecosystem. When I look over the partnership of Soar Fi there hasn’t been Any partnership announced strategically? Can we know about the update development of partnership as on your roadmap?
Through the period of soar.fi eventual launch, the project chose to launch without a presale or pre-marketing rather choosing to launch and grow the product organically. Why did the team decide to adopt this approach? Being a pretty new product and with loads of other competitive projects/products scampering for attention and relevance across DeFi, marketing is key and investment and funding play a pivotal and crucial role to properly harness this sector. How would soar.fi adequately cater for the much needed marketing and promotional drive for the project, considering the fact that funds weren’t raised for this purpose?
After a successful launch, SOAR aims to take the next step by releasing the Network Observer (Dashboard), which will allow SOAR to begin the Volume Harvester competition; which is a perpetual (weekly) contest with ETH prizes for the top volume traders of SOAR. Can you briefly describe what the Network Observer is, what are the forms of some of the ETH prizes to be won, and what are the basic requirements and rules for participating and the eligibility requirements for these rewards?
In network observer of Soar.fi can be authenticates only through Metamask and Coinbase, however do you have plan to add another wallet or network to authenticate in your observer like Trustwallet,Safepal ,atomic wallet or other wallets? Why does this only two networks can authenticate or can be connected at the moment? How safe is our funds when connected our personal wallet to Soar.fi network? Thank you
You launch an Awareness Pool which aim to incentivize the community to spread the word about your ecosystem. The funds will be distributed throughout several months as part of your marketing plan and will reward the most unique and informational content describing your products and vision. So as a part of the community,how can we participate this event? Do we need to register or fill up forms? How many ways winners are consider to get prizes? Can you tell us the prizes of this event to give info for anyone who want to show their talent especially to content creator? Is this event a monthly basis, and how will winner be announce? Thank you
When I check your roadmap I see that almost all of your milestones are completed or about to complete. There is two features still in progress BSC cross-chain implementation and NovaPAD. Can you use the liquidity goes into your NovaPAD launchpad for both BSC and ERC-20 projects? And will you accept projects on both BSC and ERC-20? Also could you please share your upcoming new features after you completed all of your features on your roadmap?
I read that User possible to holding LP tokens to migrate their LPs’ liquidity to SOAR by effortlessly swapping them using the Migrator. Can you explain what is this Liquidity Pool Migrator? And how this Liquidity Migrator mechanism work?
I saw your post on Twitter about BSC integration. I am not familiar with your project and I want to clarify a few points. What kind of integration are you talking about? Do you plan to release a SOAR token on the BSC blockchain? And if such a token appears, will there be any changes to the tokenomics?I mean the clause on blocking liquidity
Hi SOAR!
The goal of SOAR as a black hole is to unify projects, the migrator burns the tokens of the migrated projects, thus reducing their amount in circulation, which benefits the community of that project. Could this scheme be helpful for rugged projects that have no owners but multiple dead token holders? Giving a second life to such tokens would be revitalizing for the rug scared defi community
I understand Soar.Fi is a autonomous Liquidity congregator for #DeFi protocol which have SOAR token base on ETH. Could you please tell us what are SOAR token functionality in your platform? And why do you create under ETH, isnt the gas fee ETH is very high for now?
Hi SOAR!
Will SOAR triage projects that want to join the platform? Not all ideas can synergise naturally, how will you decide which ideas can be combined into a new viable project on Nova Pad and which ideas will only result in a terrible chimera and better left dead in the BlackHole 🙂
One type of awareness pool content is a Medium article for which you award 400 SOARs. One of the rules: at least 1000 words. Don’t you think this is a lot? It’s just that in other contests (Twitter, Reddit) there are no such restrictions on the minimum number of words. How will the winner be determined and who will participate in its selection?
Hi SOAR!
The SOAR promises that the automatic token yield mechanism will exclude “big” wallets. What is the threshold over which reflection stops? What about the original 50 wallets that the team airdropped 40% of the circulation supply to? 40% is huge, this should make them all whales, are they going to get reflexive yield?
On your telegram I read that you aim to become the Black Hole of DeFi. Can you explain what do you mean by this? Black Hole mean very strong gravity that no particles or light can escape from it, is that mean you want grab all attention in DeFi into you?
According to soar.fi tokenomics, 40% of the total SOAR supply is Airdrop. Do you just distribute almost half of the total supply? That being said, you say that no pre-fundraising of SOAR tokens took place. So, from what sources is the fundraising for airdrops and contests organized? And what is important is what funds in this case will be spent on the further development of the project? Who are your investors, sponsors?
I read from your site that you have staking system for SOAR Token, could you please explain how is the calculation reward that user will get if they stake SOAR Token? Is there any benefit by hold SOAR token?
COULD YOU EXPLANINATE US BRIEFLY, BUT EFFECTIVELY ABOUT THE LIQUIDITY FUNDS MIGRATOR THAT SOAR.FI POSSESSES, WHAT UNIQUE CHARACTERISTICS DOES IT POSSESS AND WHAT HELP/BENEFITS DOES IT PROVIDE TO THE COMMUNITY?
IF YOU WERE TO DESCRIBE SOAR.FI IN A PARAGRAPH OF JUST 10 WORDS, WHAT TERMS WOULD YOU USE TO DESCRIBE ABSOLUTELY ALL THE POTENTIAL THAT THE PROJECT HAS, COULD YOU DO THAT RIGHT NOW, DESCRIBE IT?
WHY DID YOU DECIDE TO BASE AND RELATE SOAR.FI WITH THE DEFI SPACE, WHAT VIRTUES DID YOU SEE IN THIS DEFI SPACE TO IMPLEMENT IT AND WORK HAND IN HAND WITH IT?
I could see that you have successfully been audited by Hacken.io, that’s impressive . I tried to make use of the LIQUIDITY MIGRATOR tag on your website on my mobile phone but couldn’t connect to wallet on my mobile phone. Are you still working on the mobile application or you only designed it for desktop users only?
Partnership is like a supplement where the combined effect is beyond the individual level. Can you name some of your recent partnerships that can help your project. Is there any partnership that will take place in the near future? Can you tell us with whom?
Hello
Marketing is a central element for every project,so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and Investor to Your platform and keep them long term?
On your website says that people can get rewards by engaging in diverse reward-based programs. Can you share more information about this? What programs will those be and how can people get involved? Also, what rewards will users get from them?
On your website says that people can get rewards by engaging in diverse reward-based programs. Can you share more information about this? What programs will those be and how can people get involved? Also, what rewards will users get from them?
Which one of these aspects is important for you?
1-Increasing Token Price & Value
2-Empowering Platform Development
3-Building Community Trust
4-Expanding Partnership Globally
In what order?
For a project development first of all main priority is having enough fund. Does your team financially capable to run this project? Do you have enough fund for it’s developement Can you tell us that how your project generate the profit?
“I am an investor and I only care about the crypto prospects I choose, tell me the reasons why I should choose your project over the existing one? What are the benefits of your coins that can convince me to change from my other holdings?
I am a crypto investor and I only care about prospect of a crypto that I chose, tell me the reason why I choose your project over the existing one ? What is your coin advantage that can convince me to change from my favorite token ?
Hello!!
Community support is one of the biggest aspects of a project’s success. Most projects have programs that interact with their users. Does you have any special plans to attract and expand the community and improve the user experience?
What is the actual utility of SOAR token?