We are pleased to announce our next AMA on May 20th 2021 at 11:00 AM UTC Time: Satoshi Club x Liquifi & Mars Economy
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Liquifi Telegram group
👉 Join Mars Economy Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Liquifi x Mars Economy Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Liquifi & Mars Economy
For more details:
Liquifi Website – liquifi.org
Mars Website – @marseconomy.org
Liquifi Telegram – @LiquifiGroup
Mars Telegram – @marseconomy
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
is this collaboration will be a big market in the future ?
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?
How do you see the projection of the cryptocurrency market in the future? Do you have fees or commissions for withdrawals within the exchange?
One of the advantages of Liquifi over other DEXs is that it is not vulnerable to frontrunning and transaction reordering problems. What is this problem, how can it harm, and how did you overcome it? What other problems does Liquifi solve compared to other DEXs?
Liquifi DAO is a community ownership mechanism that allows LQF token holders to participate in governance. LQF holders can place LQF bets to create or vote on important proposals. So, in order to participate in the management, vote and create proposals for the development of the project, the community, is there a minimum number of LQFs that you need to own? And what is the stakes system for LQF holders to vote and run?
According to the roadmap this month (May 2021) you have an LQF token listing scheduled. Can you tell us the listing start dates, where can we purchase LQF and at what price? What opportunities does possession of LQF give us, what functions does it have?
Having the cash is one side of the coin, seeing a thriving Mars economy very much a different one. What specific knowledge do you need to further this project?
Please share some details about use of DMT for prediction markets. What will be first few predictions look like and how frequently will they happen.
The Mars has be regarded as a potential second home for humans, and in a bid to leverage on this theory, you created the Mars Economy as a blockchain project that will give users the privilege to anonymously predict outcomes on Mars mission. How do you intend to create a balance ecosystem of the new colony on Mars? How will you use blockchain to be a Mars prediction vehicle as well as drive public understanding of the Mars missions and what roles are users expected to fill in democratic approach to Mars colonization. Lastly, in your own opinion, how feasible is the Mars mission and how soon can it be actualized (When Mars)?
The Mars Economy will feature a DAO governed by the community of $DMT token holders. I found out that you will have two forms of governance which are on-chain governance and Off-chain governance. How are these two governance structures different and why is it necessary for you to have the forms within thesame ecosytem? What is the amount of $DMT required to initiate a proposal/vote and why are users required to send $DMT to a governance contract when voting? Also, a decision will be passed when 10% of token holders (quorum) vote in favour of such decision. Isn’t the percentage too low?
You will work to bring your $ DMT tokens to additional exchanges (CEXes and DEXes). Can you tell us more about this? How will that benefit the platform?
The value of the $ DMT token will be dictated by supply and demand. The offer is limited and little by little they will expose the $ DMT token to other groups of investors who, in addition, will boost demand. What is the initial value of the $ DMT token? What will determine that more token $ DMT hits the market?
The Mars economy project consists of two phases: The prediction market phase will be the initial phase. The Martian financial ecosystem phase will begin with the first achievements in the colonization of Mars. Can you explain each of these phases of the project to us?
You will have a prediction market for projects aimed at Mars colonization and I read that your prediction market uses a 3 level groupings which are Level-1 (Phases), Level-2 (Milestones) and Level-3 (Prediction). What are the differences between these 3 groups of market prediction? How does prediction work and how can it be used to predict human progress on the way to Mars colonization? How will users be able to monitor Mars colonization procedures and stake on the outcome of this adventure using the prediction market? How will you determine winning outcomes and incentive users accordingly?
Currently we can buy your token $ DMT in Liquifi which is a decentralized exchange on Binance Smart Chain and Ethereum, I see your project and theirs a very intimate on this regard and even making an AMA together, what consist of the collaboration of Liquifi with Mars Economy and vice versa?
Mars Economy aims to use blockchain-based prediction market as a vehicle to drive “the democratic approach to colonization” but this is a greater task that even the multimillionaire companies couldn’t reach so far. Is all this an hypothetical theme or do you really plan to make history with the expansion of humanity to Mars? How long do you think it will take to reach it?
What is the difference between Liquifi and other DEX?
Does it cost a lot to receive a substantial amount of LQF?
To Liquifi:
The competence between AMMs is very hard, due big names like Uniswap and Pancakeswap, so can you tell us what is the innovation that Liquifi offers as AMM?
To Mars Economy:
What are the critical advantages of Mars economy of other prediction platforms?
Liquifi and Mars economy are both good projects, but during these days of high fee, the good projects are who have implemented the Cross Chain feature, so can you tell us how many chains are compatible with Liquifi and Mars economy?
The most important thing about a project is its native token, so can you please give us details about the relationship between the $LQF and $DMT? The DMT will be listed on the Liquifi Exchange and the LQF will be going to Mars?
Commonly the AMA sessions are about just one project, so can you tell us why Liquifi and Mars economy chose have this ama together? Also can you tell us what are the features that you both like of each other?
Liquifi is a protocol for decentralized liquidity pool exchanges, combining the constant product AMM with some ideas from order book exchanges. It will therefore be useful to ask, what are the “ideas” from the order book exchange, can you briefly explain the working model of this protocol? It is also stated that, as a result of this unique protocol operation, all parties from the traders, liquidity providers and arbitrageurs all experience massive wins. Therefore, how is this model advantageous to these group of investors?
Liquifi is a fair launch DeFi project, that features both yield farming and governance token mining benefits to investors right from the very start. This means that the total supply of LQF tokens will be handed to liquidity providers via the governance token mining procedure. As a result of this, LQF tokens can only be obtained Liquifi pools. How does system of yield farming and governance token mining work simultaneously to provide the best investment opportunities to users and liquidy providers, and what other roles will the LQF token play in the overall Liquifi ecosystem?
Going through the official website of Mars Economy, I noticed that the $DMT tokens are currently on sale and are only available right now on Liquifi, with Pancakeswap listing coming later. Considering the unique operational services of Liquifi and highly scalable market offered by Mars Economy, how will this partnership benefit members of both communities, and with the sale of $DMT tokens on Liquifi, what added incentive will be made available to investors and holders of the Liquifi native token (LQF), who are keen to buy and get involved with $DMT and the Mars Economy project?
Could you comment if you have any plans to include programs on your platform in which the community can give recommendations / opinions?
In your opinion, what do you think is one of the strongest characteristics that differentiates your projects from others? Do you think that with this characteristic you will be able to position yourselves in the market and last over time?
What did you take into account when formalizing this collaboration? What are the objectives of both?
One of the advantages of working with Liquifi is their optimal solutions for price slippage and front-running problems, which logical can make their yield farming atttractive, can you explain what functionalities can have the Mars Economy token $ DMT and how can the users take advantage of it on the Liquifi ecosystem?
On a medium article you explain about making this project in 2 major phases, the first one is the prediction market phase and the second one is the Martian financial ecosystem phase, can you explain with your roadmap all the details about the both phases and how will your token serve as a fuel for achieving them?
There are so many projects that only exist for a moment “die on the road, traumatizing investors with new projects”. My Question, How can the $Liquifi project survive, continue to grow and in what ways do you convince investors that this project is very promising?
All project’s coins have their main Utilities & real-life use! So, team can you tell us what the main role of your coin is in your ecosystem? Explain its Utilities & Real-Life use cases? and Why should i invest in $Liquifi coin for the long term?
Can you give a brief overview for tokonomics and token supply? Would there be any form burns and buybacks? What does that aim to achieve for you and does it include any form scarcity paths such as stake, store, or burn?
You explained in your medium why you chose Liquifi for $DMT and not pancakeswap. Now by reading your website, you mentioned that $DMT would be available on PancakeSwap in the future. Why bother listing the token on PancakeSwap if the reason why you chose Liquifi is that the amount of liquidity required for PancakeSwap is dramatically high?
What made you focus on the migration of humankind on Mars as your primary goal? How will you make this happen?
How is the progress and performance of $DMT im Liquifi been nowadays?
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Is there any kind of relationship or partnership between Liquifi and Mars Economy projects, if so, do they seek mutual benefit, what is it?
It’s clear that Economy Mars was based on a predictive mechanism run on blockchain, great, but for what purpose did they do this and in what way does Economy Mars bring help to the goal of colonizing the red planet?
Economy Mars what you intend from now that we are on earth is to be able to exercise from the beginning as a decentralized economy and with full governance when the colonization to Mars is a fact, if so, how do you intend to achieve this in the long term?
What benefits will I get if I have your token?
the defi market is very attractive. Behind all of that, of course there are risks, so what risks will occur if I have your token?
What can we expect to see from your platform in the short-term (at some point in 2021) & 2022?And beyond (long-term goals)?
There are two types of tokens minted by Liquifi smartcontracts;the pool tokens and governance tokens in which Pool tokens are associated with every Liquifi pool. You get these tokens when investing liquidity into a pool. The price of these tokens is calculated as pool size divided by total number of pools token while the Governance tokens (LQF) are minted every week and distributed among liquidity providers proportionally to their shares in liquidity pools.My question is as I see in your roadmap that $LQF token is the only tokens you plan to list in coinmarketcap, Pancakeswap and more this month,how about the Pool tokens do you plan to list it also in the upcoming time?Why is there a need of Pool tokens,if you already have governance tokens which is the $LQF tokens? What are the other use of Pool tokens in Liquify,aside from being claimable tokens when investing liquidity into a pool? Do you plan to officially launch the Pool tokens in your platform? If yes,can you give au a little hint about the name of this token? Thank you
Can you explain more about the Predictions Markets of Mars Economy? What is the basis or content of the prediction we can place? How does prediction being voted? Who will vote? What if prediction is being voted and win,what is the rewards behind it? Can anyone place a prediction in Mars Prediction markets and do we need $DMT tokens to predict? Thank you
Does LIQUIFI have a decentralized Exchange Protocol or an AMM based, How different is the LIQUIFI Protocol during trading times and in the Liquidity pool? Will it be a new Industrial Revolutionary?
What is the structure of Liquifi , is it decentralised or a open sourced protocol where everybody can contribute? If so, how does the governance plan on being handled?
What is the main mission and ultimate goal of Mars economy.Which part of the project are YOUR TEAM mostly focused on right now? I want to ask, Which one the most important for you in developing the community ?
MarsEconomy is a blockchain-based prediction market. But will it be always about the predictions about Mars? How many predictions can be made about Mars and what kind of topics can be chosen? And if it is all about Mars, won’t that limit the project? Maybe you can add another planets too?
I see on your twitter page you retweeted Elon Mask’s tweet about Make humanity a multiplanet species. For a quite some time Elon Musk had the great popularity on the Crypto World. But recent tweets about Bitcoin made people angry and people thinks he is responsible for the recent crush. So do you think can Elon Musk still be used on your project and worth mention about? Don’t you think it can damage the project? After all, Mars project is not all about Elon. NASA and Amazon’s Blue Origin also has plans about Mars.
Liquifi supports ETH and BSC chains, what will be the fees when trading cross chain, will users still have to pay high ETH fees when trading say ETH to BSC? Thank you
Liquifi website shows only $4976 as BNB ETH pair liquidity, this seems quite low. How do you make sure price impact is not too high on the high volume trades and you do not run out of liquidity completely if whales decide to move large volumes? Thank you
Mars Economy requires users to stake tokens and make predictions. Some of the top predictions are many years away from resolving, like e.g “The first human will set foot on Mars by the year of 2035” I doubt many people will want to lock tokens for 15 years 🙂 How do you plan to work around these long waiting periods?
I see Liquifi is a Liquidity Pool DEX which user possible to invest and Mars Economy is a Community DeFi project, so can you explain what are the result from this partnership? How can this collaboration become something new in a cryptocurrency world?
Mars Economy is a community focused on the expansion of humanity to Mars based on prediction market. Mars Economy mention will work on bringing your token to additional exchanges (CEXes and DEXes). So is this mean Mars Economy token will launch on Liquifi DEX? And I see Liquifi also have Liquidity pool for farm, do we possible to farm Mars Economy token inside Liquifi’s LP? Please also explain the LP’s reward calculation work
The first thing that user and investor want to know for a project is their security system. So how about Liquifi and Mars Economy? Do your Liquifi DEX platform already tested and safe to use ? how about audit for Mars Economy token?
So far liquifi It has all the functions of an ordinary liquidity group DEX with
some features of the DEX order book that allow traders to get better exchange rates and provide arbitrageurs with new profitability opportunities, what benefits do they bring to users? How are your earnings reflected?
Defi is a general term for a variety of financial applications in cryptocurrencies or blockchain aimed at removing existing intermediaries, banks and others, from the value chain. It offers users an alternative by eliminating the need to trust any central party at all, which translates into significant cost savings and potentially improved service performance for FI users (financial institutions), as can be appreciate that you contribute this to LIQUIFI since the universe of finance is quite wide and many benefits that this can bring, can you specify some of the benefits?
Liquifi’s main focus is to use the smart contract to provide financial services, for example, exchange, lending platform and later the services based on new concepts such as yield agriculture, liquidity mining, composability and Monetary laymen, this would give way to the new and restricted definition of DeFi to which they refer so far? I would like to know a little about its structure and its way of working since it is something that catches my attention?
Arbitragers can implement more complex strategies by choosing a suitable time to trade in general terms, liquidi has all the functions of an ordinary DEX liquidity pool with some characteristics of the DEX order book that allow traders to get better exchange rates and provide arbitrageurs with new profitable opportunities, using this method would the gas rates be lower or would this just be another working method to make it easier and more feasible at the time of an exchange? What are the qualities of Liquidify? Are you planning to implement the use of NFT in your network?
LIQUIFI forms a decentralized autonomous organization (DAO) backed by Liqui governance smart contracts, DAO is the only entity that can influence the protocol parameters On the basis of this well-established DAO, Liqui follows the principles of decentralized governance and launch Right from the beginning, DAO is the only organization that is on par with your project and why you have decided that way? Why don’t they add NFT? That would attract a lot of investors since they are non-fungible tokens.
By taking part of the control of the protocol parameters in a decentralized way, without any party having exclusive rights and any type of priority in addition to the theoretical test, could you explain a little about the simulation results based on the performance of the protocol in different market conditions? How has LIQUIFI performed since its creation? What characteristics does Liquidy meet because they have decided to partner with Mars Economy?
How do you manage not to panic in the current situation in the crypto market?
The Mars Economy community thrives on a mechanism created to create an inclusive and accessible knowledge base. Could you explain to us how this mechanism works? How is the news about humanity’s progress in its mission to colonize our new home, the Red Planet, verified? For what purpose is Mars Economy created? What characteristics does this project meet?
The Mars Economy community encourages everyone to participate in its mission and help lead humanity to the stars. What do I have to do to become a multiplanetary species? How do prediction markets operate in Mars Economy? What are the attributes that they fulfill? What is the Mars Economy prediction market focused on? Who is in charge of making the decisions about the winners’ results? Liquifi influences this decision?
How Liquifi protocol is different from ox protocol as they also has the feature of liquidity pool and order book function.
Both projects look solid and innovative, could you explain more in depth what is the relationship between them?
Mars Economy definitely has a vision towards the future of humanity, at the moment the space race to colonize Mars still faces many challenges, in the same way, what are the main challenges that Mars Economy faces for the development of its project?
About liquify, quite interesting the way its second token works, it is a strong point for a DEX, so what kind of parameters can be changed by the vote of the holders?