We are pleased to announce our next AMA on May 18th 2021 at 03:00 PM UTC Time: Satoshi Club x EVOdefi
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join EVOdefi Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. EVOdefi Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about EVOdefi
For more details:
EVOdefi Website – evodefi.com
EVOdefi Telegram – @evolution_bsc
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
currently the EVO DeFi NFT market received couple of commonly asked for features: filtering, sorting. Can you tell us and explain more about these characteristics? Since it was a response from EVO DeFi to its community, who requested these features
Can you explain the elastic emission mechanism of evolution’s? How does it work? it is very interesting and distinctive compared to other similar platforms.
Why develop EVO DeFi in a BLOCKCHAIN like BINANCE SMART CHAIN (BSC). What particular benefit does Evo DeFi offer?
One of the attractive things in EVO is how battles and NFTs are available in the game, but if ever that EVO gets traction and really EVOLVES! will the value amount of the lootboxes, eggs still be the same? Or when the price of GEN increases the amount of gen needed to open these lootboxes or eggs be different as well? thanks and more power!
Some yield projects have a fixed pool rewards and some regularly mint more token reward to satisfy the reward demand from yield farmers thereby increasing token supply. This however has a retracing impact on price as well as on sustainability of yield pools in the long run and because of this, you have introduce the Elastic Evolution Emission and your emission rate be tied to the price of $GEN. How will Elastic emission protects the community from abrupt price volatility? In what way will this mechanism allow you to adapt to prevailing supply/demand conditions as well as ensure quick price response in adverse market situation?
Your projects have been active on the BSC chain since launch but 6 days ago, you announced that you are now live on MATIC. What was the motivating factor behind your preference for MATIC network and what benefit will this provide to the evolution ecosystem? Do you plan consideration for other chains? In addition, you said that the GEN token on BSC and the one on the Matic network are different by nature and will never be identical. Wouldn’t this create a pricing confusion and lack of token uniformity especially when a user intend to bridge these tokens? In what way will the elastic emissions rate, pools yield and farm on the BSC be affected by this integration?
Evolution aim to provide a platform where users will be able to do anything possible in the DeFi Sector. I have seen some of the products you plan to execute before the end of the year and one of such is to develop HR Platform which will focuses on Job Search/posting. Is this expected to function like a blockchain based job listing portal where employers of Labour will advertise job positions for interested job seeker to apply? Will the HR platform be specific to a particular area of vocation? What will be the procedure to get started with this feature and how will the your HR platform ease job search and recruitment?
With the varying products and features offered by the EVOdefi project are it’s NFTs and NFT derivatives. EVOdefi, with the support of it’s community further developed it’s NFT marketplace to offer a variety of financial and commercial services to the community. With this service offerings, what are some of the features of EVOdefi’s NFT marketplace and what transactionary operations can a user easily carryout. Similarly, EVOdefi launched a variety of loot boxes containing GEN tokens and NFTs as an added asset class for users. What categories of rewards can a user derive from the these loot boxes and are they limited in supply?
Regarding the bloody battle NFT1, they report that the monsters could die and could be revived, once the monsters are revived, can they participate in the battle again? with how many GENs can a monster be revived? the amount of GEN to revive a monster increases the higher the level of the NFT?
One of the things that caught my attention the most is the breeding of monsters, could you explain more deeply how it works? What will be the criteria of the child to inherit stats from the father or mother?
I would like you to explain to me what is the difference between the NFTs, on the market side … There are mono GEN NFTs that cost 2 GEN, others that cost 1 GEN, 1.4 GEN, etc. NFTs, why does their value change? the more value the NFT has, the better its statistics?
EVOdefi priding itself as the next generation yield farm with transparent and revolutionary features cutting accross different chains (presently BSC and Polygon), one should expect that the first time investor or user should have an idea of the projections and long term strategies to achieving this and more. Consequently, after careful research on the available EVOdefi platforms (official website and SM channels), I couldn’t find a concrete information on the roadmap and future projections of the project. Therefore, can you carefully share the roadmap of EVOdefi, and what major events and partnerships with projected timelines, should investors and the community eagerly anticipate?
EVOdefi currently runs an interesting feature called the Daily Monsters Battle game, where users are engaged in Epic combats with various Monster characters of their choice. Can you briefly explain some of the benefits or reward players tend to derive from participating in these games, what are some of the varying monster characters players can use and invest in to get returns and are there different stages or battle categories judged by exclusive monster ability and player performances. Finally, can these unique monster characters be traded and exchanged by players within the EVOdefi NFT marketplace?
On your NFT market I can see 8 NFT’s right now. Are you going to add more NFT’s or different kind of NFT package there in the future? Also how Fuse NFT feature works? It says add 4 identical nft and get +1 lvl. How long does it need to be staked? How many lvl are there? Could you please explain your NFT’s?
Can you tell us a little more about your team and some info about their background? I myselt have seen a lot of projects launched with inexperienced team members, and some of them not doing well due to easily avoidable mistakes. Any plan to list on major exchanges?
Could you please tell us what the differences are between evodefi and evo-matic if any? Why did you decide to create two separate sites vs just expanding the bridge to different assets and keeping Evo on one chain, what are the benefits of this approach? Thank you
Hi Evo
I am interested to learn how stats are assigned to the monster that hatches from the egg. Are they mostly randomized or do they retain most of the parent’s properties? Is it possible to selectively breed a super monster with desired parameters set or will randomness always make sure the user never gets exactly what he/she wanted?
Hi Evo
Evolution has an interesting elastic emission system that is tied up to the price of the token, it speeds up when the price goes up and slows down when it drops. Though imo a gap in the middle is quite big: $10 to $100 range emits 1 GEN token per block. Current price is below $3, having observed the dynamics since launch, do you think elastic emission behaves as you intended? Do you have any improvements you wish to implement after this time?
I found out in your website that you offer Lootboxes to open for a chance to get NFT ,then we can Stake those NFT in your platform. So my question is, what kind of NFT is inside available to those loot boxes? Is the gas fee to be paid in claiming lootboxes is worth to pay for the NFT to be claimed in lootboxes? Is there a minimum of lootboxes to open each users? Is there a locked-in period when staking NFT in Evo Defi? How much the highest maximum APR while staking NFT in your platform? Thank you
One of the features of EVOdefi is Lootboxes where I can win $ GEN and NFTs. How can I participate in this, can I only buy or is there an opportunity to get Lootbox for free? What is he like, are they all the same? Do you have any instructions on how to use Lootbox? And most interestingly, what prizes can I get from Lootbox?
We can buy and sell our NFTs on the marketplace. With these NFTs we can increase the APEs on the farms and pools. What is this function, please tell us.
What NFTs can I buy, how do I do it, and how do I sell them? I also read that there are 8 levels of different NFTs and I can improve them. How do I use this feature and what are these 8 NFT levels for, what features do they acquire after the change?
What a great idea – playing with Monsters! We can get our Monsters by opening eggs or buying it on the market, breed them and send them to the Arena to participate in battles. Does each Monster also have its own level? Please tell us more about the game, starting from the very beginning: how to register in it, where can I get an egg or buy my first Monster …. how to participate in battles …. How important is this game to your project?
EvoDefi is a yield farm project which give emission reward tied up to the price of token. So is that mean if we farm in your platform, the reward will be lower if the price up and we will getting more if the price go down? Can you explain how actually the calculation of emission reward, is there any minimum or maximum reward that user will get from the change of token price? How is this system better than normal yield farm?
I read from your site that you have feature name with ‘LootBoxes’ and by opening this, we can get different type of NFTs from EvoDefi. Could you please explain How many types or rarity of NFT from EvoDefi do you have and what is the function of that NFT? Is your NFT only for collection?
You have recently deployed Arena on Bsc and there is a start bounty on each Arena. Can you explain How do I get bounty for this in each arena and will I have to get some EVO points then how much required for this?
I’m really excited since EvoDefi is a yield farm project base with monster breeding and possible to evolve the monster. But can you explain how to breed the monster? Does the monster have different types or rarity, how people judge if the monster good or not? Do you have link to guide or article about your monster breeding?