We are pleased to announce our next AMA on May 19th 2021 at 01:00 PM UTC Time: Satoshi Club x Formation Fi
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Formation Fi Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Formation Fi Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Formation Fi
For more details:
Formation Fi Website – formation.fi
Formation Fi Telegram – @FormationFi
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
As we well know today, there is a great movement in the current market due to large platforms that are not widely used. What functions do you intend to implement to achieve the adoption required for the project to emerge as we expected?
The $FORM fomation Fi token has 3 main uses: Governance, profit sharing, access to hidden liquidity. Can you explain in a simple way each of these 3 uses of the $FORM token?
Formation Fi is at the forefront of the next Generation of agriculture performance DeFi – smart investment that calculates both quantitative risk and reward. What are the techniques and skills used by the Formation Fi team to estimate risks?
The formation Fi token $FORM has an issuance program which has some characteristics. Can you tell us about this Token $ FORM issuance program?
For what purpose was the Formation.fi platform and the $ FORM token created? How does it work with DeFi? and which beneficiary markets said token?
I read on your webiste that Formation Fi has something called “Risk Parity Protocol”, which offers four classes of cross-chain yield-farming strategies in the form of index coins, can you tell us more about this? What is this Protocol and what is it’s main purpose? Also, can you explain to us this strategies a bit deeper and how do they work? To whom is each one of this strategies design for? Can users implement them all if they want to or is it limited?
One thing that I read about Formation Fi, is that it will have a DAO, but I couldn’t find more information on this topic so, can you tell us more about it? How can users get involve on this? How will this DAO help to make the protocol more accurate and more powerful?
I read that Formation Fi is launching its token sale in June 2021. So, since we are two weeks away from June, can you tell us more about this IDO? Is there a whitelist we can join in? When and where will it take place and what expectations do you have for it? What will be the token sale price and how many tokens will it be available on this IDO?
It’s only been 3 weeks since the last AMA at Satoshi Club. What changes have occurred in the project during this time, what functions and capabilities have been added, how is the preparation for the IDO progressing? Was the BSC-ETH Bridge launched?
I saw that you talked on your website about a future debit card that will be linked to our wallets, could you share more information about this debit card? How will they exactly work and what advantages will they give to users? Where will we be able to use it? Also, there are always requirements needed if we want to apply for a debit card, what requirements will you ask for? Will it be available worldwide?
Formation Fi, will be built around seven guiding principles to which the protocol will effectively work and deliver the core values of a DeFi revolutionary portfolio constructor. Some of these principles includes; Chain agnostic, low transaction cost, radical simplification, investment over speculation and a host of others. Considering the current state of DeFi investments and product offers, how would Formation Fi properly integrate, manage and scale these principles for best practices and with an improved financial portfolio, and how will it properly delegate these far reaching principles to harmonising DeFi’s short comings?
I saw in the distribution of your token $ FORM that 20% of the total supply will be released as rewards whn V1 is fully released with cross chain capabilities in the first 12 months, the rest of the total supply will be released algorithmically over 10 years , does it mean that the users should be rewarded only in the first 12 months? What comes after? and can you explain how will be the functioning of this algorithm?
According to the information provided on your medium, there’s three uses for the $ FORM token: governance, profit sharing and access to hidden liquidity. This last one is considered a “dark pool”, can you tell us more details about it? When will it be available and how much do the users need to hold to qualify for these pools?
Formation Fi, will have amongst its list of revolutionary produts and features, the Smart Yield Farming 2.0 which essentially consists of four classes of cross-chain yield farming in the form of index coins; Gamma, Alpha, Beta and $FORM. Can you properly enlighten us, in the working principles and classes of the Smart Yield Farming 2.0, what are the functions of these index coins to the operations of this enhanced smart yield farming, and what are the technical and financial benefits of this enhanced Yield Farming approach to the average investor and user?
From a careful study of the Formation Fi roadmap, the project has scheduled some important integrations and development features for Q2 2021, amongst which are; an IDO, BSC Swap Smart contract, BSC-ETH Bride, Beta Launch, LGEs and more. Some of these activities have already been put in motion and some are in the back burner waiting to be deployed and properly activated. Talking about BSC Swap Smart Contract and BSC-ETH bridge, what should we expect from such integrations and how will it be of an added advantage to investors? Finally, on the scheduled LGE event, what should your community of investors and users expect?
It is mentioned at the website in general about the benefits of FormationFi holders. However, can you please elaborate more about the Utilities and substantial features of $FORM / FormationFI? Which features are critical to attract investors and the community as well?
It is wellknown at the blockchain space about security which is a core in every project. We are expecting the FormationFi has completely established security issues for its $FORM token and platform. Have you considered on this security aspect? Who has conducted the audit for security check? Can you please tell us.
Generating token and platform like FormationFI should be a hardwork but worthed to be success. Did you have supports from other partner to gain the success? So far, which firm have worked in partner with FormationFi and what are their main support? Any plan to do other partnership in the future?
What is the objective of FormationFi project? How will FormationFi teams project go after the objectives? Is there an objective to involving community on board? Please tell us more.
I think this is what trader or holders commonly asking: What is the Minimum and maximum buying of $FORM? As for a beginner or newbie, what scheme of $FORM token will you suggest? How long do you think I should hold $FORM to have maximum benefits.
You point out that FormationFi tries to make an effort to be much lower, but if really their rates of 5%, how can they really lower it more? Would it really be profitable to minimize the% of fees as much as possible?
I read on your website that you motivate your users to form “sensible and coherent portfolios” But how will FormationFi really help its users to invest in the best cryptocurrencies? Will you provide some content that guides members to make the best investment decisions?
Could you really tell us what characterizes the first and second generation performance generations? And furthermore, why does FormationFi lead the second generation, when is it really in full swing?
The idea of Form is to create value in the long term, but really how to know that this system used in FormationFi is the most effective in the long term, when many other projects use deflation mechanism, other high burn fees and other withdrawal penalties and more?
I understand that algorithmic predictive intelligence is effective in helping to control risks, but is this really the only benefit it will get? Couldn’t it be used to further boost profits even if you assume a little more risk?
You recommend that we should take risk at the core of an asset, but what do you really mean? to implement algorithmic predictive intelligence in each asset? or how that “core of the asset” minimizes risks?
I could read that they have four classes of cross-chain yield cultivation strategies, but can one user really be active in all four strategies at the same time? or is there a limit of strategies per user?
On the Formation Fi website there are four layers of productivity strategies: ALFA, BETA, GAMA and $ FORM. In short, how does each one work? Which do you think is better for new users who invest little capital? Will Formation consider adding networks which have their own blockchains like Secret Network to connect via bridges?
One of the principles that govern FormationFi is to be “chain agnostic”, but what benefit does a Blockchain project really have to be chain agnostic? or are you really not a Blockchain project?
I understand that FormationFi would allow to control the risks in the investment of the users, but do they really have any guarantee that investing in FormationFi will obtain safe returns? Or really, despite minimizing risks, could you still get big losses?
I just read about Formation closed $3.3M strategic sales from early DeFi UniCorns.to build the Smart Yield Farming 2.0 framework. What is the amount you are going to raise? what does Formation Fi see as the biggest barrier preventing in particular from gaining widespread adoption?
Formation Fi is revolutionizing portfolio construction and evangelize Smart Yield Farming into the world of open finance. Would this be like a smart contract. Which Smart Yield Farming will be supported? What is the difference between update Smart Yield Farming 1.0 and update Smart Yield Farming 2.0?
It caught my attention that while reading about the project I came across this sentence: “Formation FI executes on the idea of Progressive Decentralization”. Which is something I haven’t heard of before and that couldn’t find any information on your Medium nor website related to it, so could you please clarify this to us a bit more? What is this idea that Formation Fi is being executed on? On what is it based on? What are the benefits of this, not only for the platform but the users too?
According to one of your medium article that you promise that your team will work on your tails off to grow your users money no matter what the market condition is. Because the utility and the economics of Form token align the interests of the key stakeholders with the long-term vision of the ecosystem. You are here for the long haul. We will grow and make money together through thick and thin. I think this statement really gives assurance to stakeholders with FormationFi,so my question is if you promise this way to stakeholders,in return what support you want from them especially your community? With the unpredictable and volatility of market which unavoidable ,how will FormationFi still manage to grow and make money for stakeholders? What are the side plan or immediate solution for this kind of situation inorder to justify the long-term vision of FormationFi and promise to stakeholders? Thank you
One of the ultimate goals of each token is to be listed on Major exchanges. What is your listing strategy, will you focus primarily on centralized exchanges or decentralized platforms?
What are the best deals and features of Formation Fi? As an investor, how can we assure that we can get a high or fair ROI in investing in your platform?
I saw that in Q2 this year you will be launching a Beta version. What are the requirements and obligations to be part of the Formation Fi Beta testers group? What form of bonuses and benefits will Iucky users receive for their efforts, contributions and feedback?
In FormationFi,there is a Profit Sharing features that there will be a 50% of Protocol Revenue in which $FORM token entitles its holders a right to vote and a 50% of future net income generated by the protocol. So,is this 50% revenue sharing applicable to all holders of $FORM token even only hold a little amount and some are being staked? How it would be distributed to $FORM holders? Why does your platform decide to share this 50% of protocol revenue? What is the motivation and purpose? Is this profit sharing consider a long-term program for FormationFi? Thank you
Browsing your website, I understand that the project is based on a Risk Parity approach or what is equal to Risk Parity, a financial model that seeks to combine risk and profitability at the same time. Starting from this point, what are the advantages for users who want to invest in Formation Fi? In how long can they see a return on their investment?
Risk Parity also implies some difficulties or a moderate risk, such as the financial fall that occurred in 2008. How are you prepared for any eventuality that may occur at a financial level to protect users who decide to invest? on the platform?
Formation Fi got off to a strong start – with nothing more and nothing less than the participation of DeFi’s innovative protocol founders and 18 other top-tier investors who also contributed to the fully oversubscribed round. What would be the main objective of Formation Fi when combining the Risk Parity model with the world of DeFi? What would be the next development of the platform in the short term?
Clearly the risk parity protocol wants to be squarely in the yield cultivation arena, that’s great, but based on that haven’t they thought about implementing some yield strategies?
Can you name two or more features that fully describe the products Formation Fic provides to your community and the benefits of implementing them?
Regarding your roadmap, what are the innovative and important developments you bring for this Q2 and Q3 of 2021 and which ones do you feel most confident will have a favorable impact on the community and the project ecosystem?
What is your most outstanding characteristic that you think will make your project successful and can be maintained in the future?
I’m new to crypto, and I trust a project. I ended up investing my hard-earned money; and some of them turned out to be SCAMMED, what guarantees will you give to a lay investor like me. that you won’t SCAMD? IS your project AUDITED?
1. Security
2. Products
3. Partnerships
4. Token price
From the 4 aspects which one is your main priority and why?
Lately, intelligent algorithms are used for everything, many prefer traditional methods but I am not afraid to start venturing into Smart Farming, in your opinion, what are the basic knowledges that a user should have to start using your features? And what risks should we take into account?
Formation.Fi works incessantly to inform its users about the potential risks in farming, however I could see on their website that they are a bit technical in the description of Portfoilio Risk, these options will be even more simplified? I mean, not everyone is an expert in Risk Parity, do you educate your users on this subject?
Please tell us What is the function of secret liquidity pools?
The goal of the DeFi app is to create a new financial system that eliminates subjectivity, bias, and inefficiency by relying on programmable terms. Does the project network support this vision and how does it participate in the DEFI space?
What are the marketing strategies of your project? What will you do so that your project will be visible in crypto field and people come to explore your project?
Hi Formation!
Pleasure seeing you here again! You promise an exciting model where users can generate income that is automatically sent to their wallets each month. Then users can use a debit card linked to the wallet to spend earnings. Please tell us more about this card, do you provide debit cards or plan to partner with other projects that provide cards and infrastructure? When can we try it?
Hi Formation!
Formation has multiple hedging strategies planned: Alpha, Beta, Gamma, Parity.. I am sure they will provide great diversity for users with different risk profiles. Will you also support fully customizable strategies? I am sure many will want to create their own strategies or modify existing ones over time.
Will users be able to follow other successful users’ strategies?
Hi Formation!
I see that you plan to make the token inflationary with a 2% per annum algorithmic release. Why have you decided on the inflationary model? There are multiple popular small cap projects with deflationary models when tokens automatically grow in value via burns and redistributions. What are the benefits of the inflationary model in comparison to that?
It is mentioned at the website in general about the benefits of FormationFi holders. However, can you please elaborate more about the Utilities and substantial features of $FORM / FormationFI? Which features are critical to attract investors and the community as well?
Does your project support staking program?if yes. how is your stake system work, what is the requirement for user if they want to stake in your platform?
I am a professional vulnerability finder on the web, do you think Your system is secure enough from hackers? Does your project have a program that rewards individual vulnerability detection of the system??
Can you tell us in a more demonstrative way how an investor could use the platform now and in the future like :
a) 4 different kinds of Yield Farming
b) holder voting about essential desicions
etc…
I read in one of your medium articles on tokenomics that you plan on decentralizing progressively, is it that the core team at a point will sort of “hand over the reins” to the community or they will still be active participants. Please I will need more light on this. Also, why exactly do you think decentralization will benefit Formation Fi?
Why do you think Risk Parity is important for a yield farm? How can Risk Parity possible to protect our APY, how does it work?
Formation Fi is an elevate yield farming with Risk Parity which have $FORM token. Can you introduce to us how to use $FORM token for farm in Formation Fi? What are other use of $FORM token in your platform?
Who is your biggest rival? Is your project superior to them?
Will current market circumstances affect your plans? What do you think about Altcoin’s dependence on Bitcoin
How formation Fi manage the capital in the time of inflation or deflation of Fiat currency because various stable coins are pegged to those currency.
So you guys gonna issue the debit card?? Would it be available in Australia?? I hope so…. Please
Is there any staking benefit such as discount of gas fee or something?
I believe this project to be revolutionary for all levels of traders and crypto investors.. my question is With an estimated 7.8 million new retail investors in January/February what are some ways formation Fi can tap into this pool booming pool of people? Making the complex simple.
Cheers
What are the current top 3 factors for this project to be as successful as we hope?
Then what tractional problems do you foresee?