We are pleased to announce our next AMA on June 21st 2021 at 12:00 PM UTC Time: Satoshi Club x YSL.IO
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join YSL.IO Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. YSL.IO Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about YSL.IO
For more details:
YSL.IO Website – ysl.io
YSL.IO Telegram – @ysl_io
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
How did you conceptualize YSL.iO and what’s your overall aspiration for the project?
What’s the key difference between YSL.iO’s growth strategy as compared to other tokens?
How does YSL.iO protect its users from scams and attacks?
Today is June 19th and at the moment your site looks like a countdown timer: 11 days before the release of YSL.IO VAULTS. Vault is an open source tool that provides secure and reliable storage and distribution of sensitive data. So what is the launch date for VAULT, what is the significance of this event for YSL.IO, and what will be the main functions of YSL.IO VAULT? And what features will ensure the safe and secure storage and distribution of sensitive data?
You are going to be airdropping sYSL tokens to the NUX community. The airdrop of sYSL tokens to Peanut (NUX) token holders will take place upon the completion of your 30-day Price Discovery Phase (July 30th). What are the Requirements to be apart of the Peanut (NUX) holder airdrop? How much sYSL will be allocated for the airdrop, when and how can NUX holders claim their sYSL tokens? Is there any bonus benefit for being apart of the airdrop?
A strategic partnership between YSL.IO and Peanut was recently announced. Peanut (NUX) intends to develop an entire suite of tools for the DeFi ecosystem. Will Peanut provide these tools for YSL.IO? Also once your platform launches, NUX liquidity providers will be able to deposit their LP tokens from PancakeSwap into the NUX-BNB vault held on YSL.IO. How do NUX liquidity providers benefit? Will they be rewarded for optimizing sYSL?
The private and public sale of $sYSL starts on July 1st and you said there will be no whitelist as everyone is welcome to participate. What token will user deposit in order to buy $sYSL and how long will presale last? On what platform will it take place? And since the first month of launch is tagged the Price Discovery Phase, which means $sYSL will have no price during presale, how will investors know the amount of $sYSL to receive and what will you use to differentiate private and public investors? How will you set the presale fund to be raised? And lastly, I read that bought $sYSL will only be released to investors 30 days after presale. Does it mean that there will be no way investors will able to interact with your protocol for the first 30 days of launch since only $sYSL can act as the governance token that grants access to your cutting-edge yield optimisation services and reward?
One of the first set of innovative products that you will bring to the table is the optimisation and amplification of yield. You boast that this yield enhancement strategies can allow users to boost their farming APR by over 300% in addition to what they would have gotten from AMM such as ApeSwap or pancakeswap. How do you make this possible? How will you use locked liquidity of YSL-BUSD to maximise the returns of third party tokens and where will you get extra tokens that you will use to fund the additional reward resulting from the amplification of the APY from your vaults?
More recently, vaults operating on Binance Smart Chains are becoming susceptibility to exploit from bad actors who take advantage of loopholes to game the system. Just last month PancakeBunny, Spartan Finance, bEarn, Burgerswap and Belt Finance lost a combined 167 million USD to flash loan attack on asset in their vaults. How do you intend to manage the risk resulting from using your contract and from external contract interaction with your contract? Is your contract designed to limit alterations that can be made on it? Do you offer real-time monitoring of oracle price which can alert developers when there is a strong deviation between your price and other general oracle prices to prevent cases such as flash loans?
Hi YSL.IO!
YSL.IO recently announced a strategic partnership with peanut.trade. Please tell us about this partnership. What are the main benefits that you will get from the peanut tools and what will peanut gain from joining forces with YSL.IO? How do you contribute to each other’s success considering that Peanut is on ethereum chain and YSL on BSC? Thank you!
Hello! You are planning to start the public sale on 24th. You have mentioned that vaults will go live in July and there is a countdown too. However, to the best of my knowledge, you have not published adequate information about the project in any platform. As investors, we want to know more about some points such as experience of the team and methods of solving the low liquidity issues. Could you please let us know where these information available? If you are planning to display these things in the future, please let us know which platform/platforms you are going to use.
Hi YSL.IO!
I’d like to learn more about the price discovery phase that you plan to hold on launch. As I read it will involve collecting WBNB or BUSD and define the price for the YSL.IO utility token (YSL) and the YSL.IO governance token (sYSL). How exactly will this work, is it an auction type event where price is determined by the average bid counting down from the maximum until token supply is exhausted? Thank you!
Hi YSL.IO!
I’d like to discuss the YSL.IO protocol fees structure. Documentation shows a rather big 10% vault entry fee applicable when the sYSL token is purchased and 10% exit fee applicable when the sYSL token is sold. This adds up to a whopping 20% fee and will negatively impact expected APY. Can you share estimates of how soon users can expect the yield to compensate these fees? Thank you!
The YSL.IO optimization feature maximizes a DeFi user’s farm position return by 300%. What is a performance optimizer and how can it be used? How many strategies are applied to return this percentage in respect to the agricultural position? What are the characteristics of an optimization function?
A performance optimizer can be described as a tool designed to maximize the performance and revenue of crypto assets found on DeFi performance farming platforms. How has YSL.IO revolutionized the way performance “optimization” is done? What is YSL.IO’s approach? The YSL.IO protocol consists of a series of characteristics in addition to its core functions, can you describe what they are?
Performance optimizers are traditionally more efficient compared to manual methods to maximize returns, as they are capable of automatically collecting any returns obtained from deposited crypto assets and subsequently depositing the earnings again in the same vaults. Given its programmable nature, this action can be performed by an optimizer countless times a day, progressively increasing the yield generated from an agricultural position of DeFi users. How is YSL.IO different from other performance primers? How novel is the performance approach offered by YSL.IO? What percentage of performance is obtained?
YSL.IO has revolutionized the way performance “optimization” is done. As mentioned above, the traditional method of yield optimization involves composing the daily harvested yields, a technique performed by countless yield optimizers in the DeFi space. What are those exceptional features that YSL.IO meets to Amplify Performance? How many performance strategies does YSL.IO offer?
The protocol takes a completely novel approach to performance optimization, maximizing a DeFi user’s position performance by 300%, through autonomous creation of locked liquidity. What do I need to become a beneficiary of YSL.IO optimization? Specifically what are the tokens that I should have in my wallet? Does this work with any vault or does it have to be a specific one? Will this earned performance be locked or free?
With your background in risk management, how have you been able to put the YSL and its users in a strong position in terms of security? What are some of the features that you and your team have incorporated into the protocol to ensure there is Maximum Security?
Being a farmer yourself, I believe you have a good understanding of the yield farming space. So how do you plan to make the concept of YSL unique and deliver real value to the BSC ecosystem? And do you think the YSL platform can provide value to DeFi farmers and also ensure long-term value for all native token holders?
You have said both YSL.IO founders have a good understanding of the yield farming space, because being both ‘farmers’, you decided that your project had to be unique and also had to be actually valuable in the BSC ecosystem. What is a feature of yours that you consider indispensable in this ecosystem? To what level are you able to sympathize with your users and how will this manifest into a great user experience? Also, can you share some of the services that make *you* a unique project against so much competition?
You have mentioned that YSL.IO will be fully operational at launch. Can you walk us through the steps for using your platform? You have also mentioned that there will be zero platform fees, zero deposit fees, and zero withdrawal fees. This is a bit confusing. How will you generate income for your holders? What are the exact benefits users get from holding your token long-term? Why haven’t we seen zero% fees like this from major protocols? What kind of methods/technology are you using?
YSL.io is a cutting-edge Defi tool designed to Optimise and Amplify returns from yield farming platforms through “sophisticated techniques”.Can you please explain to us the sophisticated techniques you have built on your platform to strengthen liquidity?What unique protocol concept does YSL.io have that is different from other platforms?
From what I could read in the reviews about your project, you not only limit yourself to increasing farming rewards for users but also optimize and apply them as one of your core mechanisms, can you tell us what technology you use for such an end? Also, do you incorporate any kind of smart features to make the process even more intuitive?
You have a referral program that allows benefits for both the referrer and the referee, can you explain what it consists of? What is the minimum investment that the referee must make for the other party to have any benefit? Also can you tell us about the limits in terms of amount, number of people and time of this system?
Since Trust is a key factor in an organization,how can we know that YSL.io is real due to the fact that we have no idea who are the developers or teams in YSL.io.We have seen many phishing scam going on in the cryptospace,many project rug-pull, some pretend to be moderators in many messaging apps etc.My question is what use case have YSL.io provided to attract potential investors?Have YSL.io done any audited contract that would ensure a safe and secure amplication and optimization?
Liquidity pools are used to facilitate decentralized trading, lending, staking and farming, and we have seen that Liquidity has become an integral part of many DeFi ecosystem, Many DeFi projects run into liquidity problems. What liquidity system will YSL.IO use to increase the token value? And why did you make YSL-BUSD locked liquidity the heart and soul of YSL.IO?
Hack attacks are getting stronger and stronger. Many projects and as well as investors are already suffering from recent hacks. As YSL team, how much do you trust your security system? How safe is YSL? Do YSL already have an audit? What are your plans in case of a hack incident?
As I see the private sale of YSL is on 1 July! How can I participate to the private sale? Is it too late to be whitelisted? Do you ask KYC for it? Some projects did not lock their liquidity and this resulted an instant dump by bot accounts. How will you manage your public sale?
How active is YSL on social media? Should I reach the latest news about YSL on Twitter or Discord? Do you have local communities where ambassadors teach YSL project to communities which does not speak English?
I read about a big partnership with Peanut trade platform on your medium article,gives an airdrop to $NUX holders and autonomously creates YSL-BUSD locked liquidity. Only 9 days left to YSL.IO vaults to go live. So what are the limitations & eligible Conditions to participate NUX community airdrop on 30th of June? How will NUX community earn sYSL optimisation block rewards? As well as I’m curious to know, why did you give this airdrop to $NUX community besides your own YSL.IO community? How do you deploy innovative methods & strategies to be well established platform with peanut trade platform? How do YSL.IO community feel about this great Parnershisps? Will there be more partnerships in future within YSL.IO platform?
YSL.IO =(Yield+Staking+Liquidity)= provide optimistic & profitable mechanisms, without mitigating the price volatility for their community through the locked liquidity protocal. So it seems to be long term project consist with more incentives. How do you optimise & amplify yield farming for the investors? Can you tell us more details about sYSL vault & YSL- BUSD vault, needed for the staking? How long will the liquidity pool be locked? Is there AMM in your pool system to avoid mitigating $YSL price? So basically please explain how will these three scenarios implemented with a interconnection?
There is a refferrals programme based on the TVL of each user that connects using their link. In which way will YSL.IO community be beneficial commercially? What is the block reward system mentioned in referral section in your website? The YSL.IO Referral Program will utilise smart contract logic. What is the mechanism of this contract & How will a refferral be validated as a real one without being scammer? Please explain more facts & mechanisms about referral system of YSL.IO literally.
YSL through it innovative and novel optimization and amplification features offers a user breathtaking returns on third party tokens up to 300%. With emphasis on YSL’s amplification feature, where a user’s optimised returns can be amplified via two strategies; 1% APR optimization for Strategy 1 and an additional 100% APR optimization for Strategy 2, can you explain how the protocol effectively carries out these operations, and why is there a huge disparity with optimised APR returns with both strategies, why is the amplification token (sYSL) only issued to users who utilise strategy 2, and can a user simultaneously utilise both strategies?
Another feature to be implemented upon the conclusion of the price discovery phase is the YSL.IO treasury. As stated, the treasury would consist of a YSL treasury pool and sYSL tokens, and 20% and 5% of the initial YSL and sYSL token supplies, will be minted and sent to the YSL treasury pool and sYSL vaults respectively. Asides the obvious minting and transfer of YSL and sYSL tokens to their respective pool and vaults within the treasury, what other ways would the YSL.IO treasury be adequately replenished overtime, and what are the estimated lock periods on the respective staked tokens of the various treasury vaults?
YSL.IO offers investors and users the opportunity to participate in it’s price discovery phase via a 23-Day Private Sale and a 7-Day Public Sale. A minimum $5000 is required by a user to participate in the private sale, while participation in the public sale requires a minimum of $2500 and will decrease daily within the 7 day period. With such participation, comes varying levels of returns, bonus multipliers and lock periods. Therefore can you briefly explain the benefits and attached participatory conditions a user will be subject to with both sales feature, and what is the function of the “Bonus Multiplier” to the private and public sales?
About your amplification feature I could see that it is not unique, you offer two types of strategies that surely the choice of them will depend on the user, however, can you tell us how one differs from the other? For which scenarios would strategy 1 or 2 be more beneficial? Can you explain us?
There are many vaults in the DeFi world including Aperocket, Pancakebunny, Beefy and many more, can you tell us what identifies YSL.IO as a true competitor in this market? Especially in relation to APR increases and long-term profitability?
“THE YSL.IO VAULTS WILL GO LIVE IN JULY 2021.” What is the purpose of this YSL.IO vaults? How this feature works? Could you elaborate and give us details about this vaults?
You stated that your tokenomics of the YSL.IO platform,that you have three tokens: YSL, sYSL, and aYSL?could you explain to the community what are they differences?
The YSL.IO smart contracts will be deployed onto the Binance Smart Chain (BSC), As we all know, the majority of BSC projects are rug pulled, but why did you decide to develop on the BSC platform? What distinguishes you from other BSC projects? Have you considered expanding or developing your system on other networks such as Ethereum,Polkadot etc.?
Amplification is the second innovative function that YSL.IO is bringing to the market, and there are 2 types that will be available to all users.Please explain the differences between the two types?
What are the two innovative function of YSL.IO? Could you explain briefly to the community what are they difference?
YSL.IO has first strategic partnership with peanut.trade . What are the benefits in your ecosystem from this cause I see only NUX-BNB liquidity providers will be able to benefit from this once you launch your platform . Also please tell little more about the reasons of airdrop of sYSL tokens to the NUX community. What are the expected benefits from this?
I noticed on your announcement channel that you have a lot of AMA’s to do, with a total of 41 on the month of June and 21 more to go , which is a great quantity, So, aside from the fact that it can help you increase your community, what is the objective of doing an AMA?
In your roadmap,you aim to launch a YSL.IO Governance Integration
this coming 3rd quarter of 2021 in which you will have a preliminary version at early 3rd quarter and you will have a comprehensive version at later part. So,could you give us an advance idea about this Governance Integration that you are going to launch? Why you are dividing this into two version? What can we expect with this community governance Integration with YSL? What will be the function and part of the community and holders in terms of decision-making and proposals in your platform? Do you plan to incentivise YSL holders and community if being actively participated with this community-governance integration? Thank you
YSL.io proposed to share a YSL.IO Block Rewards to users in which this Block Rewards is being divided into 5 kinds of reward which are the Buyback Reward,Inflation Reward, Referral Reward, Optimisation Reward and Amplification Reward. So,can you briefly explain each rewards and why it is called to be block rewards? What will be the reward for each category of rewards? Thank you
By refering the YSL.io website, there is no more details in the main page about the project and the only thing which mentioned in the Main page is counting time so how do the new users get the first impression of the project? and what are the benifits that you offer for users?
Why did you choose ApeSwap and did the promised guide for investors appear? Is the liquidity blocking for 1000 years a mistake in the text of the article on the medium, or is it really so?
YSL token has no upper limit. What is the pace of minting of tokens and what are the scenarios for fighting inflation?
Not all crypto Investors understand English
Russian,french,mandrian,hindi are most spoken popular language and most people in crypto space also so is your #YSL.IO project team does have an separate telegram community for these people?
How much token supply do you have. Can you explain the token supply distribution.
How was the idea for the project born? From where does the project name came?
Is there any online media for your project from where the users can get the further updates of your project?
Given that YSL.IO is a new entrant to the market, partnerships with other projects have the benefit of allowing more people to come into contact with YSL.IO.
Could you touch on what projects you plan to partner with (if any) and what benefits they’ll bring to YSL.IO (aside from the community benefits as mentioned above)
The fact that ApeSwap offers you a locked liquidity contract is the main reason you opted to concentrate YSL-BUSD pool there,but mind you there are number of Dapps on the market that provide similar benefits and BUILD program, can you explain more to us why on choosing ApeSwap with PancakeSwap being the most popular why didn’t you choose it or any of the Top 5 DEX in BSC?
YSL.IO just announced news about partnership with ape_swap to create “BUIDL” Program for your project, i just wonder what is “BUIDL” Program about? Also what are the benefit YSL.IO already got from this partnership and how about future plan for another partnership?
What is all about the BUIDL Program? How do you ensure that you will get more potential investors via this program? Also, as member of YSL.io community, what are the extra benefits of being part of the BUIDL initiative?
YSL.IO is a DEFI tool designed to optimize and amplify returns from yield farming platform through great techniques, actually im little confuse what kind of technique do your tool have, can you mention here about how does your tool work? Also can we use YSL.IO on any yield farm platform from other project or only limited project?
I read from your website that in BANANA-BNB ape_scape, user can get reward 249,13% for a year but after using YSL.IO the reward can increase up to 746,15% how is this possible? How you can pay the user reward up to 746,15% for a year? How is the calculation ?
A cutting-edge DeFi tool designed to optimise and amplify returns from the yield farming platforms, can you clarify that? And YSL.IO =yield+staking+liquidity, can you explain that smoothly?
Adoption is one of the important factor that all sustainable blockchain projects should focus to be more attractive in the investors’s eyes. What did #YSL do and plans to do to achieve real world adoption?
How can $YSL encourage market liquidity? Does $YSL have an in-house market maker to ensure continued liquidity? What if people are interested in providing liquidity for $YSL?
Explain your views on where your “project” plans to gain more visibility and how you plan to make it sustainable. And what is the plan of your project to survive the global recession?