We are pleased to announce our next AMA on May 9th 2021 at 01:00 PM UTC Time: Satoshi Club x Alium Finance
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Alium Finance Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Alium Finance Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Alium Finance
For more details:
Alium Finance Website – alium.finance
Alium Finance Telegram – @aliumswap_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
In my view, market competition creates new competition in the future, between DEX and CEX. Why does ALIUM prefer to build on the DEX platform over CEX? give us the reason ..
I noticed something strange when tried to swap ETH to BNB using Alium swap, price impact was huge 99.75% Do you think this will improve in the future when adoption increases? With sufficient liquidity, how high do you expect will be the fees for such a swap, as high as on UNI or do you have ways to make them smaller ?
Alium’s documentation mentions that the platform supports any blockchain and any token. But only BSC and HECO wallets can be connected atm. Do you plan to expand to other chains and wallets in the near future? What partnerships do you have in the works?
I spied something interesting called initial NFT offering in Alium’s documentation. Unfortunately the page is blank. Could you share some details with us? What is it going to be, how can we participate in the NFT offering? Will there be any specific requirements or open to anyone? Thank you
I understand that Alium unravels between the chains of BSC. What functions does Alium apply to resist fluctuations? What is the distribution model that they apply? How do you reduce the volatility of the token value despite high demand?
As we well know, AMM DEX Alium (AliumSwap) allows users to reduce commission costs. I would like to know if they have improved and added some features that are not available on other exchanges on Binance Smart Chain? Can I create any trading pair on my own without a coordination with the exchange support?
NFT is a new milestone in the development of DeFi and the blockchain in general, so we pay a lot of attention to the development of this direction. What is the main feature of your approach? Does your token just act like cards? Can it also be used in various applications as an interaction object? How can I increase my earnings?
Alium Finance Happens to be one of the first projects to benefit from the Huobi ECO Chain (HECO) grant program..And Alium Finance has all it’s smarts contracts migrated to HECO network.. was this grant the sole reason why you decided to build on HECO, would you have still decided to build on HECO even without the grant, what are the benefits or advantages of building Alium Finance on HECO Chain, and how do you plan to bridge HECO Ecosystem with other Blockchains
On your roadmap you plan to launch a Cobranded Blockchain Game (kind of MTG/Hearthstone) by Q4 2021… what kind of game will you be launching here, and with what platform will you be cobranding with for this Game.. will it be with a blockchain company or a gaming company outside the blockchain industry… and what do you aim to achieve by building this Game
I was attracted to one your plans for Q3 2021 which is to build a Synthetic platform prototyping (algorithmic stable coin, synthetic assets).. this seems to be one aspect most projects are going into of recent…so what kinds of synthetic assets will you be creating, to what kinds of assets will the synthetic assets and algorithmic stable coin be pegged to,… since this plan is to launch a Prototype platform when will the Full Synthetic assets platform be launched, and what is it that drives Alium Finance into the synthetic assets industry
Basically Alium intends to bring various solutions to the DeFi world and based on the technology of Binance Smart Chain. Could it be that you can tell us a bit about the various partnerships you have made with large blockchain projects? Do you intend to develop any solution on the Huobi Eco Chain blockchain?
In February 2021 PancakeSwap, the largest exchange on Binance Smart Chain (BSC), outperformed Uniswap several times in terms of capitalization. This was the result of huge commissions on the Etherium network and the gradual migration of users to BSC-based exchanges. However, none of the BSC exchanges offered users a reasonable liquidity migration scheme. Does Alium offer some type of intelligent migration to eradicate this circumstance that is generated by the great fluidity of exchange? What will be the terms and uses of ALM?
Given the negative experience of SushiSwap, due to the great flood that they caused in the market with the tokens. How will the ALM tokens be distributed? Can you tell us how I can get ALM tokens? Does AlM offer some kind of smart migration? How has the first version of AliumSwap turned out?
With the NFT market booming and NFT attracting more and more creators, artists, and musicians in the industry, it can be seen that the barrier to entry into the NFT field is relatively high. It can be overwhelming for people new to the world of cryptocurrencies and prevents many from entering this wonderful world of opportunity. What philosophy does AliumSwap apply to achieve consumer development? Is your environment performing in a growth and learning friendly way for newbies? Can you tell us what the Easy Onboarding program consists of?
It is my understanding that Alium Swap has a novice help program that concerns guiding creators through the functionality of the platform, creating their first NFT. Can you tell us more about this valuable program? Can you tell us how you can trade with Alium Swap? What sequence of steps should you follow to provide liquidity?
Can you detail us what have been the results of the various contract audits that have been carried out? How did the background security test respond to antd during migrations? What company was in charge of conducting the audit? What problems were found during the execution of the audit? Were problems solved and solutions executed?
You chose Chainsulting to audit your smart contracts that were recently migrated, can you tell us why you chose this German-based company? What are the strengths of ALium in terms of security?
Your team recently announced about Alium Finance oficially working on the Huobi ECO Chain, many ecological alliances and cooperations have come from this chain, is AliumSwap already a partner wih HECO? Is there any collaboration that will be crucial for the Alium community in the near future?
I noted you will implement a protection system from Pump and Dump schemes, can you explain this system and how does it influence your public and private sales? Also, how does it influence the scalability of AliumSwap?
I could read that Alium Swap will carry out multiple special activities in our official communities, but could you really give us more detail about it? how often will they take place? and what will be its theme?
I could read that one of the characteristics of Alium is that they extend to all liquidity providers who wish to migrate to more stable and secure platforms, but could you tell us a little more about it? Really the only benefits will be its stability and security? or is there really much more?
I could read that the private sale of Alium was a success, but really why do you think it achieved such an attraction? Will it be because of the innovative designs of NFT? or does your Swap really have innovative features?
One of the objectives for the month of April was to integrate Huobi Ecochain into Alium Finance, but was this integration really achieved? If so, how important is that chain to your exchanges and your NFTs?
Could you tell us a little about the usefulness of NFTs in Alium Finance? Implement various products that will increase the profits of collectibles holders? or just a MARKETPLACE to trade them?
You mention that Alium has multiple totally varied DeFi products that meet the demands of customers, but what products are you really referring to? Could you tell us a little more about them? and which are available and which are under development?
Like me, many people prefer conventional exchanges over Dex, but could you really tell us what are the advantages and disadvantages of this type of Dex AMM exchange implemented in Alium? Will I really always prefer to trade on Dex regardless of the high gas rates?
I could observe in their roadmap that they will incorporate multiple chains in their platform, but will these be with the sole purpose of providing them with liquidity? Or will Alium also incorporate the exchanges with the tokens of all those chains?
Alium.Finance has launched its trading platform, allowing users to quickly transfer their liquidity to the exchange at highly favorable terms of 0.2% for each liquidity provider. All those who decide to transfer their liquidity will become Early Adopters and eligible to receive bonuses and additional benefits from the project in the future. What are the bonuses and additional benefits they will gain from the project, How soon will they get the benefits. Is there special consideration for Early Adopters that participate in the Program Activities to help promote the project?
The Alium Finance team announced days ago that the project is now officially working on the HECO. Months ago in your medium article you said Huobi ECO Chain (HECO) announced the grant program and you were delighted to be the early birds to join it. You also mentioned you were competing for the main prize from HECO.. Did you secure the grant, if you did Was the Grant the deciding factor for your move to HECO? Who did you compete with for the grant.
In most cases, DEXs on different blockchains do not interact with each other and the transfer of assets between them creates serious problems for users. Alium finance remarkably solves this difficulty using AliumSwap to create an advanced multi-blockchain AMM DEX to enable users extract maximum profit and choose the blockchain that best suits their needs. Therefore, what are the unique features of the advanced muti-chain blockchain AMM DEX and how does it effectively work, and what other challenges does the AliumSwap service solve for users and investors alike?
One of the main attractions of AliumSwap is its earnings percentages for Liquidity Providers, I could read in previous statements that you will implement a Liquidity Migration Program in the future, you can give us more details about the details for LPs in your program and what changes you will make with those migrations to other chains?
Lately the topic of NFTs has become popular and more recently about SMART NFTs, Alium Finance will incorporate smart functions in the future, what can you tell us about that?
Going thorough Alium Finance’s roadmap, it is remarkable to know that Alium finance will be primarily having various listings events this Month on some DEXs and CEX as well as carrying out Farming activities also in May. Can you briefly enlighten us on the DEX and CEX listings and possible activities that will cummulate to it, how will these activities positively impact the Alium Finance project? With respect to Alium Finance’s farming related activities, can you shed more light on the Safe farming Layer integrations, as well as Public Sale Smart NFT Farming, how would they function?
Where did the name Alium Finance originate? Is there a story or inspiration behind it?
Can you give us more information about the liquidity pool and how much it cost?
AliumSwap Allocation Contest for IDO is being hosted by GLEAM and there are only 65 whitelist spots available. EACH spot will be entitled to purchase an amount of $ALM at public sale allocation terms. But the entries is nearly 30k already as of this day, so since the allocation is only 65 slots how does Gleam and AliumSwap choose the deserving entry of people to get the spots for allocation? Why does available slots is only 65? Do you have plan to add more slot so that more people will be allocated for $ALM token in your IDO? Thank you
Alium Finance team is delighted to announce that the project is now officially working on the HECO. So, aside from this latest partnership what platforms we can expect that you will be collaborated on the future? What is the win-win benefits that HECO and Alium Finance can get from each other with this partnership? Thank you
AliumFinance recently announced partnerships with Infinity Capital, DCI, GFC, AquaBlock Ventures and OIG. What are the benefits these partnership can bring for Alium Finance? As many of them are investors could you please explain your vesting periods? What they can bring to the Alium and what Alium can bring to them? And what are the key points behind those Strategic Partnerships?
I see you have an Early Adopters Program announced last month. Is it still active? Early Adopters can trade, provide liquidity so they can participate in special activities. What are these special activities? What are the benefits of being an early adaptor?
Alium Finance is a DeFi MultiChain ecosystem with an ambitious roadmap for DeFi and NFT products. Can you please tell us about that ambitious roadmap?
What is the main focus of Alium finance for now? Are there any plans to partner with local cryptocurrency developers in each country to make the use of Alium Finance more familiar around the world?
For project development, does your project have sufficient funds for the development of your project? Because the main priority for development is to have sufficient funds. Is your team financially able to run ALIUM FINANCE? and Can you tell us a little about how ALIUM FINANCE makes a profit?
Alium Finance have feature name with NFT farming. Can you explain more detail about how this NFT farming system work, do we possible to farm NFT and get NFT in there? Also how about feature about your multi chain NFT marketplace, its can sell all NFT from other project?
On your roadmap Q3 I see there is Triple Cross Bridge. What is it exactly? I see right now you adopted Huobi ECO Chain and Binance Smart Chain. Is this mean after you adopt other blockchains you will allow people to swap tokens with triple cross? Why people would need it? Could you please explain what is Triple Cross Bridge?
Lets speak about your IDO, tomorrow on 10th may i hear that there will be 4 place on big platform for your IDO. Can you describe which platform all your 4 IDO will be happen? And then what about your ‘AliumSwap’? It will be alive after your IDO and we possible to swap there?
I see that Alium Finance have native token $ALM. Could you explain what are the function of the $ALM token in Alium platform, do we possible to farm and stake it? Are there any benefit that user can get by Hold $ALM token?
Going through your plaform for the first time, I could discovered that its features is exactly as PANCAKESWAP. What are some special features you are planning to add in order to convince Users to make use of your platform? And talking about the slippage tolerance, what will be the effect of making use if the maximum percent?
I read on your plaform that very soon you will add the features below to your plaform. Can you explain each and every features below. What will be the requirements for a user who intends to make use of these features?
-Safe Farming layer
-Dex 2 Listing
-Dex 3 and CEX Listing
-Public Sale Smart NFT farming
-Safe Farming layer
-Dex 1 Listing
-Open Ocean NFT MarketPlace
You plan to implement this ‘AliumSwap BSC Unltd v1 with Pancake Liquidity Migration option’. Pancake is a platform on its own, can you give us more details on how this will work out? What will be the benefit of introducing this to your platform?
I learnt that Alium.finance is now officially launched and your early adopted programs as started like TRADING, PROVIDE LIQUIDITY and so on. I tried to connect my wallet on your exchange platform but showed PROVIDER ERROR, NO PROVIDER WAS FOUND. What are the steps to take or do you have some specific wallet users can connect to? And how many token can we use as NETWORK FEE? Or we can only access this only through desktop application?
Alium.finance has partnered with alot even with a financial services company INFINITY CAPITAL, can you share with us what is the benefit that you got from this partnership?
What is their impact during the time you raised $2.2 million in less than 48 hours in a successful Private Round? Do you have plan to add partnership with other projects in the future?