We are pleased to announce our next AMA on May 16th 2021 at 11:00 AM UTC Time: Satoshi Club x 0xnodes
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join 0xnodes Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. 0xnodes Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about 0xnodes
For more details:
0xnodes Website – 0xnodes.io
0xnodes Telegram – @XND_chat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
0x_nodes is a cross-chain liquidity platform that enables asset movements between blockchains, thereby interconnecting users to yield aggregation across Defi space. Protocols have attempted to solve interoperability problems by wrapping versions of tokens on other blockchains to facilitate their bridge. You have fault the current token-wrap design and you will be introduce a different approach built on a credit/debit system. How will this provide a better or seamless transfer of value between blockchains? In what way is Ox_node designed to offer a more efficient cross-chain functionality between EVM ecosystems as well as ensure a more efficient bridge between the EVM and external blockchain network?
One of the features mentioned in your lite paper is Cross Chain FIAT Onramp Integration as well as incorporation of FOREX and real world assets into Defi. This is a bold target considering how delicately regulated this financial area is. How will you be able to execute this feature and enable FIAT Cross chain capabilities considering the restricted nature of the traditional financial sector? In what way have you design your protocol be able to operate a FOREX structure in Defi as well as extend operation into a larger investment latitude through hedge fund involving synthetic and real world assets derivatives?
One of the feature of 0x_nodes is that you will implement a collaterized central yield storage that will grant access to yield in the form of self-paying loan, as well as provide users the option to redeem their yield on any chain of their choice. I will like to know more about this feature of your ecosystem. What is the yVault and how is it designed to create a synthetic USD that can sustain earned yield on asset as well as self-pay loan on behalf of users? How will the loan collateralization as well as repayment structure be determined and where are the assets use to auto-pay these loans gotten from?
OxNodes utilises the $BIOS token in collecting protocol fees and unlocking the full potentials of the OxNode network. These $BIOS tokens are issued through depositing assets into a liquidity model in the network. What categories of assets can a user deposit to earn $BIOS, how would this liquidity model work, and since $BIOS is intended to function as a basic input-output system, how does the network ensure that the supply is not inflated?
OxNodes has recently started the task of deploying EVM nodes to feed a unidirectional aggregator to the Ethereum mainnet node. It is hoped that at the completion of this task, a lot of the cutting edge features of the OxNodes network will be brought to fruition. Can you carefully highlight some of the unique benefits of these node deployments, how would they positively impact OxNodes performance as compared to other networks offering same services, and with reference to the yield aggregator, how will yield payments be settled after the aggregator goes live?
With a critical study of Oxnodes roadmap, it’s pretty clear that a bulk of the network deployment operations will commence from Q4 2021 to Q1 2022, with deployments across major chains such as ETH, BSC and MATIC coming first, followed by others coming much later, in that order. Therefore, how will Oxnodes carefully integrate most of it’s core features accross all networks deployed, and talking about user preferences and choice, how will the Oxnode network ensure that all deployed networks work optimally for it’s user irrespective of specific operations or transactions?
While looking for information about 0x_Node I saw that: “depending on how much $BIOS is deposited, the end user will unlock additional levels of deposits for their secondary asset”. Can you tell us more about this? How much is the min. required to start unlocking additional levels? And how many levels are there? Also, what are the benefits of being on one level or another?
It caught my attention that not long ago you said on Twitter that you “build in hostile enviroments”. Can you tell us more about what do you mean by that? What do you consider as a hostile enviroment and what are the advantages of building on enviroments like that? As we know tough situations can bring the best of us, so, what is this hostility bringing from 0x_Nodes?
I read on your docs that one of the use cases of $BIOS is in the governance of your platform, but while looking for information about the governance itseflt I couldn’t find anything about it, so can you tell us more about it? How will the Governance of 0x_Nodes be? How can users be part of it and what role will your token have on it?
I saw that 0x_Nodes announced their IDO event on the CyberFi/Samurai Launchpad, happening on May 17th, 2021. Could you share more about it with us? Why did you decide to have your IDO on Samurai Launchpad and what expectations are you planning to fulfill? How many $BIOS tokens will be offer in such IDO and at what price? How long will this IDO be? And once it’s over, what will we next?
I saw on your Documents that on one of the last pages you mentioned your competitors, being among them; RenVM, ThorChain, Router and Connext. Could you tell us, now that we know what project you consider as your competition on the field, what are the advantages 0x_Nodes offers to users? Why should people work with 0x_Nodes instead of any other existing project?
I saw that one of 0x_Nodes future capabilities is “Multi Chain IDO Liquidity Fusion”. Could you share more information about this point with us? What will this “Fusion” be? And how will it exactly work?
The performance aggregation protocol is modularized cross-chain. The features of 0x_nodes are rich in utility from top to bottom. But going into the matter, what is Nodes? What are nodes used for? What are the characteristics that Nodes fulfills and what benefits does it bring to the DeFi sector?
The Nodes team has decades of experience in technology, cryptocurrencies, design and engineering. They have been building networks since before the Internet existed. Is 0x_nodes a network of deployed systems? What benefits does it allow users? Through Nodes you can build performance strategies? What are node blockchains based on?
The applications of the secure transport layer allow the instantaneous transfer of liquidity. 0x_nodes is a system diversity network. What are the characteristics of 0x_nodes? What are the benefits? How many levels do you implement nodes to overcome the gaps that occur in the DeFi sector? Is each distributed node capable of acting independently?
This is the reality of the Internet today. Business, entertainment, education, and personal connection have been supercharged in ways we could only have dreamed of 20 years ago. The same thing must happen now in the decentralized financial space, and we don’t have 20 years to do it. Does Nodes use a cross-chain interface? Do secure transport layer applications allow instant liquidity transfer if I use nodes? With nodes I can get access to profitability in the form of loans? Is this loan self-liquidating?
Instead of using a spoke network topology, 0x_nodes will be comprised of a core mesh network between EVM ecosystems and will ultimately link the EVM network with external blockchain networks. Are the swaps applied by node synthetic and cross-chain? How do you guarantee the movement of liquidity along the chain? Have you succeeded in establishing third-party API integrations? What features have they managed to include?
0x_nodes will start on the Ethereum mainnet first, rapidly deploying nodes across the entire Ethereum virtual machine (EVM) ecosystem. In the decentralized world there are many problems today, specifically which ones did the 0x_nodes project solve? Do the 0x_nodes instruments allow customization of portfolio management? Does the kernel adjust dynamically? What characteristics does Nodes meet?
Through the $ BIOS token, and using the $ BIOS token in a 0xNodes module, you are opening the door for protocol fees to be charged, which you can then move through our network freely. The $ BIOS token will be issued by depositing assets (as individual assets) in a liquidity module on the 0xNodes network. How does 0x_nodes put an end to the fragmentation of the Ethereum network and make interoperability commonplace for everyone? What is the revolutionary innovation that Nodes has been inserting for the development of DeFi?
The liquidity module is designed to be perpetual. A single liquidity module will replenish the $ BIOS supply within the contract to continue to distribute $ BIOS indefinitely without inflating the supply of the $ BIOS token. $ BIOS is designed as a basic input and output system, which we believe accurately represents our native token. 0x_nodes is a cross-chain protocol that enables synthetic asset movements between blockchains. So can I apply broader performance aggregation strategies? What is Ox_nodes made of?
0x_nodes is a network of deployed systems that allow users to move, acquire, and build performance strategies with non-native assets on both EVM and non-EVM-based blockchains. What commitments will the $ BIOS token undertake? Under what functions will they maximize the potential of the multi-chain liquidity network? Could you tell us a little about your IDO? How will a single node work together in a larger network of 0x_nodes implementations?
I see 0x_Nodes primarily uses ETH network. What will be the next networks 0x_Nodes work on?
What will be the benefits of holding $BIOS?
When you think of 0x_Nodes main competitors, what makes 0x_Nodes unique and get ahead of its competitors?
The BIOS token is the central attractive of 0x_nodes, so can you describe us what are the core features that your token have? Why is so important become a holders?
The 0x_Nodes is a modularized protocol which has three parts: NON_EVM, ETH_MAINNET and EVM, I’m not a tech expert but how do these parts contribute to create a cross chain brigde for your platform? How do you achieve an universal compatibility?
The $ BIOS token is the key for the governance on your ecosystem, but I couldn’t find the actual functioning or planning on your roadmap for the governance method, can you explain how will it work and if it will be fully decentralized? What will be the key benefits for the $BIOS holders?
0x nodes is a platform that was developed to work through multiple blockchains, but apart of support EVM compatible chains, also it’s compatible with Non-EVM chains, so can you tell us which are these non- EVM based chains?
❤️ Approximately 25% of all 0x_nodes Tokenomics are destined to a “Treasury” , so can you tell me what are the usage of these funds? Also how this treasury is filled?
There so many projects that use nodes during these days, so can you tell us why are you a better node platform that others? What are the requirements to set and run a node in your ecosystem?
You point out in your Medium blog that the biggest problem in DeFi is the lack of interoperability, maintaining greater fragmentation in the ETH network, but really the only way to solve this problem is through the Nodes protocol? or are there really other but less effective alternatives?
You point out that although DeFi is working today, it has not been able to reach its maximum potential, but that $ BIOS of 0x_nodes is committed to achieving it, but will this potential really be achieved only by solving interoperability? Or in addition to this, will 0x_nodes also solve other problems?
You say it won’t take 10 years to maximize DeFi’s full potential, but how long do you really have an estimate? And what would be the steps to follow to achieve it?
You say that the features of 0x_nodes are rich in utility from top to bottom, but could you really tell us what those features are? And if they are similar to those of other projects, how will 0x_nodes achieve great results with similar characteristics?
As we all know the problem of interoperability is not only in ETH, therefore, my question is if 0x_nodes intends to expand to other chains to be able to solve their problems as well?
One of the networks that provides interoperability in the Polkadot network, but what mechanism does it really use to achieve it? Is it that you use the same mechanism that you want to implement your protocol with ETH?
I understand that implementing this protocol at ETH would provide you with even greater adoption, but will your transaction costs really be just as high? or when implementing connection with other chains, will they be able to re-edit them?
Regarding the performance aggregation with Ox_nodes, could you tell us how high the generated returns will be? And also, how easy and beneficial will your protocol be for the users?
We refer to the announcement that the IDO launching of OxNodes will be at 17 May, can you please share us validity of this event and where will this event held? Could you please also add information about features and dominance of $BIOS as your token that are distinguish from other tokens?
What are the benefits of holding $BIOS? Can you share to us the number of token supplied, the price, and as well as the minimum buying for customers who want to buy and invest at OxNodes?
One of the many features of Ox Nodes is a collateralized CENTRAL yield storage, what are the centralized points of this feature, and as a storage what are the security factors of it that ensure that it is leak proof?
In 0x Nodes each distributed node is capable of acting independently, what are the consequences of this decentralization for the performing of each node, and how do you maintain the security of them separately?
$BIOS have numerous competitors in the same field. What great features does 0xNodes are you proud of? Do you believe that these might be considered as your competitive advantages?
What great features on the interface of 0xnodes do you think that others do not have? What do you think is 0xnodes greatest strengths and capabilities?
How would you differentiate 0xnodes from other platforms offering the same service? How will you prove that 0xnodes is worthy among all?
How does your project ensure that it will fulfill the necessary functions to meet investors’ expectations, and thus outperform the competition?
Each projects come up with vision and mission to have successful gain. I believe $BIOS also have great vision. What is OxNodes vision with $BIOS? And what is your target market with this $BIOS?
From your total token supply there will be a 5% distributed to bounties and grants, can you tell us how 0x_Nodes will work to generate participation and acceptance among your community? Any event or contest?
First of all I want to congratulate you for collecting almost $ 4M in your foundraising round, your project is already having a great acceptance among DeFi investors, which partners will actively participate in the strategic development of your infrastructure?
Tell us about the $BIOS token, what is its importance within the 0xNodes ecosystem, what are the guarantees that it can give us that there will always be a good flow of liquidity and what elements make the token never lose value?
I read that 0x_Nodes closed a $3.7 million fundraising round, could you please tell us what you plan to do with this capital, where it will be directed and how this will help position the project in the market?
How does the mechanism you have created so far work, what guarantees that no node is weak and how do you handle the security of the network?
On your roadmap Q2 I see there is a 0x_BIOS Airdrop distribution. There are 500k $BIOS tokens as bounties planned. How can people earn from this airdrop? As I know there are also another airdrop for holders of Xiot and Bxiot tokens. When will snapshot be taken and what is the airdrop ratio for token holders?
This should be a long term project as building bearing strategies with assets across all EVM and non-EVM based blockchains is not an easy job. Polygon is building its parachain for more than 2.5 years and still continue to build it. Do you think you can reach a MVP end of this year? On Q4 there are Eth, BSC and Matic deployments according to your roadmap so when can we see 0xnodes nodes to fully launch? If bear season is near, can this affect your development plans?
OxNodes is building a modularized protocol utilizing collateralized assets through synthetic swaps. So can you explain more about Synthetic Swaps and how does it works to build a good rapport between traders and the platforms? What are the advantages of trading in Synthetic Swaps in OxNodes? What are those collateralized assets that can be used for synthetic swaps? Thank you
0xNodes is a multichain ecosystem that accepts single asset deposits. I read that you will release new feature about Synthetic USD Vault and Self Paying Loan, could you please explain what are the function both feature? How the self paying loan system work?
I read from 0x_nodes litepaper, there is section mention about ‘CrossChain Fiat Onramp Integration’ for future capabilities. So my question, is this mean 0x_Nodes plan for allow people to onramp Fiat through integration ? Could you explain how does it work ?
OxNodes will be going to be deploy to some chains like Ethereum, BSC,Matic, FTM, Solana, Avalanche and Cadena network. So,why decided to deploy to a lot of networks and not focus to one or two networks? Why choose those networks? If OxNodes will be deploy to those mention chains,what will be the impact will it bring to OxNodes network? Since you plan to integrate those networks,did you already have a negotiation with those different networks by now or it is already ongoing? Thank you
Please tell us about the distribution of the BIOS token for XIOT holders. Is this airdrop in the past or is it still going on? Is it enough to just hold XIOT in your wallet to get the BIOS?
0x_nodes is a cross chain yield aggregation with modular deployment. Also you have own token name $BIOS. Can you explain why your solution need a token? What are $BIOS main role in your eco system?
When you enter your site, there is a download with the inscription “_KERNEL INITIALIZATION ..” What is this process, can you tell us? How important is it for the project?
As much as I tried to look at the roadmap on your website, I managed to see only quarter 1 and quarter 2. The rest of the points simply disappear when rewinding the roadmap. I still did not understand what it was connected with: either a bad connection to the Internet, or a site error …. Could you show us the entire roadmap, in addition to the 1st and 2nd quarters?
I see that yesterday on May 17th you already have IDO for 0x_nodes on Samurai launchpad. Can you tell us what is the minimal requirement to buy in your IDO? And why do you choose Samurai Launchpad to launch your IDO?