We are pleased to announce our next AMA on June 6th 2021 at 03:00 PM UTC Time: Satoshi Club x SouthPark Finance
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join SouthPark Finance Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. SouthPark Finance Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about SouthPark Finance
For more details:
SouthPark Finance Website – southpark.finance
SouthPark Finance Telegram – @southparkfin
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
will other southpark character showed up as other token or maybe NFT ? and is it going to be utilized for a new feature?
Are there plans to make South Park characters as NFTs which can influence Kenny APR?
What further measures will be taken to stabilise the price and reassure those with weaker hands in the community?
What will happen when Kenny reaches 200 million?
You have a roadmap of 1 year where you ll have it as a NFT platform but before that in six months you ll have Ad-platform but there is a six months gap and nothing is on your roadmap? Why dont you have any roadmap on and what after a year ? Can you Please clear us about your roadmap??
What security have your put in place for your investors,since there are many scammers who pose as South Park?How can your investors identify a fake South Park?And if one is a victim of theft from will the investors be compensated?
Defi is a relatively new concept but has made exponential growth. many new projects are created every day, there will certainly be a number of scams that are so complex that it is difficult for the general investor to trust a new project. So how does Southpark Finance build trust in their investors? if i am an investor in crypto of course the first thing i will check is about their audit and where is it audited and ask to see their audit results. so can you tell me about the results of your project audit?
The main problem with DeFi is the vulnerability of smart contracts. What special steps does Southpark Finance take to avoid this incident in the future?
The crypto world is still very difficult for most lay people to understand, especially those who came last. so what is the role of Southpark Finance in this, what do you think can help people to understand the crypto world more easily and especially for them to understand your project more easily
Game mechanics to incentivize token burning or lottery
like Prediction in Pancakeswap
Good game related to South park characters attracts a lot of investors, definately.
I see on your telegram group that you have a promo about; “if you launch your own NFT platform how we should name it?” Can everyone share the ideas with hashtag #SouthParkPromo. You announced there will be unlimited winners. What will be the prizes? Also as it is tagged as PROMO #2, will there be more promo on your telegram group?
You implemented a feature named harvest lockup. It is introduced on South Park to limit the frequency of harvest which acts as protection layer from token volatility. But you announced that time to be 4 hours. Why is that? I’ve seen on some projects that harvested coins are locked for weeks or more… What will be the benefits of harvest lockup and why did you implement it? Do you plan to change the time in the future and is it possible to change with governance?
The only farm with an incredibly high APR and a tokenomics smart enough to handle the selling pressure on its native token, Kenny. What is the yield and APR rates? How many levels is your referral system divided into? What strategy will be applied so that Kenny lives forever?
South Park offers a reinvestment fund in which a single pool is supplied at 2% from each end, each transaction in South Park fills the reinvestment fund. What do I do to get my share? What benefits would it enjoy? What would be the benefits of joining South Park?
As we well know, it is possible to withdraw KENNY at stake, which will also be subject to taxes. How can I make money with $ KENNY? What benefits can I get by using this token? Can the earned $ KENNY be reinvested? What are the advantages of using this token?
How useful is the South Park token? What are the benefits that it presents for investors? What advantages does it present over other projects that already exist in the environment? Are all transactions with Kenny tax-free?
Harvest Lock has been introduced in South Park to limit the frequency of harvest, which acts as a layer of protection against token volatility. How long does it take for the harvest to close? Do all farms have the same closing time or do they vary? Specifically, what types of crops does the blockade apply to? Can the tokens wagered and the liquidity provided be withdrawn at any time or does a deadline have to be met?
I see South Park has a 5% transfer tax on each transaction of its native token, KENNY. 3% is to be added to the Liquidity Pool and 2% to the Reinvestment Pool. That is not a particularly high tax, but I’d like to know. How does this benefit the users/community specifically? Do you think crypto beginners would be able to understand/benefit from your project? Exactly *how* do users gain from holding KENNY long-term?
I see South Park has a 5% transfer tax on each transaction of its native token, KENNY. 3% is to be added to the Liquidity Pool and 2% to the Reinvestment Pool. That is not a particularly high tax, but I’d like to know. How does this benefit the users/community specifically? Do you think crypto beginners would be able to understand/benefit from your project? Exactly *how* do users gain from holding KENNY long-term?
How much is the transfer tax applied by South Park? What is the native South Park tojen? Will liquidity be added to QuickSwap? Do you have a reinvestment fund? What types of transactions are taxable? Under what network do you operate?
There are some projects in the market uses some of the famous cartoons or animes such as Pokemon, however, they do not have an official agreement with these productions. Do SouthPark Finance really have an physical agreement with South Park? How legit is SouthPark Finance?
Why $KENNY? Will only $KENNY available in SouthPark Finance or will more character tokens follow? Will investors able to buy $ERIC, $KYLE or even $JENKINS?
What was your motivation to bring South Park into Crypto? What did make you to believe this project can be a successful one? I don’t have to mention about the number of South Park fans but still you should give some extra to bring these investors to this project. What are your killer points that investors can not resist?
Reinvest pool is the place where users can earn more KENNY by Reinvesting earned KENNY by clicking Reinvest button. What is the uniqueness of the reinvestment pool? Does the reinvestment pool offer a different reward from the main pool? Is there specific requirements for users to be able to reinvest in the Reinvest pool?
South Park Harvest Lockup is said to reduces harvesting frequency and protects community from abrupt dumps. Tell us more about the harvest lockup in your ecosystem. How does the harvest lockup function to reduces harvesting frequency, protects community from abrupt dumps and token volatility?
The name of your project is SouthPark, with your Token named as $Kenny and somewhere it was stated that huge APR’s on Southpark finance was Totally Cartman’s idea.. All this names don’t seem to be correlated and I couldn’t find any information about the name SouthPark, nor Kenny and Cartman in regards to your project.. so why the name “SouthPark” and who are Kenny and Cartman are they real people, and what are their roles in this project…
South park recently announced a three level referral system, where rewards are earned when the referred friend harvests. Tell us more about the three level referral system, who is eligible to participate in the referral? What are the rewards/ benefits of participating in the referral?
While researching on your project, I noticed that one of issues highlighted in your Audit Report is the Risk of Liquidity Centralization. The Report States that liquidity gets added to the operator and the operator has control over most of the token liquidity. This implies that the project team can easily remove Liquidity and rugpull. This raises serious concerns about the security of investors fund especially with the high number of Rug pull going on in the crypto space, how will Southpark.finance ensure it’s holders and prospective investors that the team won’t remove Liquidity and rugpull? Has Southland resolved this issues in Its smart contract since the audit??
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Automatic liquidity implemented as 5% transfer tax on each transaction of its native token KENNY in South Park. What transactions fall under taxation & whta transactions with Tax free? 3% will be added to the KENNY-MATIC liquidity pool & 2% will be added to the reinvestment pool. Most of platforms redistribute about 2% to their native token holders or staking holders. How about South Park platform in this matter? Are their any automatic burning protocal when a transaction occur, without affecting in inflation rate?
As it is a very good project, everyone will wanted to use this project, but there is a problem that, there are many countries where there are no use of English,, which steps do you have taken to them????
Wow, it’s an interesting project
But I have 3 types of questions
1.What types of promise you have take that customers will never be harmed from your project?
2.there are still many countries where English are not using, do you have multi language system?
3. Do you have any partner
Before investing in a platform, every investor thinks whether the platform will be damaged or how he can completely believe in platforms.
So I want to know something from your platform so that your technology becomes believable for me.
Fraud, Scam, RugPulls, Fraud, Scam, RugPulls, so many projects like this day after day.
How does $SouthPark Finance convince all potential investors that this is a sustainable project, and has good management??
I want to know 5 answer of questions…
1/ security
2/ partnership
3/multi language available or not
4/nft supported or not
5/experience
Security & User Interface are the Most Important Aspect that Users see on a platform. How has Your Project worked on this? Is Platform suitable for Newbies in the crypto world?
I noticed that Southpark finance native token $Kenny has a very high Emission rate with about 1million $Kenny minted daily and more than 40 million minted monthly. With such high emission rate, $Kenny will invariably become an inflationary token and price fall will be inevitable. Aside from buy backs and burns, does dev team have any plans to reduce emission rate of $kenny?
Also,does southparkk team have any Plans to include pools where users can earn other crypto with $Kenny, I believe this would give more incentive to hold and drastically reduce huge sell outs from large holders.
Taking a careful study of SouthPark’s comprehensive audit report as carried out by Obelisk Auditing, I noticed that there were certain identifiable risks within the smart contract, with corresponding potential security threats, and for which recommendations were suggested. However, as at the time of the report’s publication, not all the identified risks were resolved, and this calls for concern. Therefore, what is the current security status of those unresolved risks as identified by Obelisk, and are there plans to conduct another security audit, so as to allay any form of FUD that might arise amongst your community of investors?
There is a particular reference to the “South Park City” in one of your twitter feeds a couple of days ago. It is also stated that, certain features of the proposed virtual South Park city will be determined by users on a daily basis via a bonus programme. Can you carefully give further explanation to the concept of the South Park City, how is this promotion instrumental to such development, and what should users expect to enjoy from such promotions?
I am an EXPERIENCED DEVELOPER AND ETHICAL HACKER, do you have plans for HACKATHON so as to check the security of your ecosytem periodically and also invite developers to build?
High ETH commissions and the slowness of this chain are known to be a huge problem that will not be fixed anytime soon due to the ETH 2.0 delays. So why did you decide to develop Casper at ETH? Do you have plans to develop a cross-chain to function in BSC?
Who are your potential customers and which market are you targeting? Second, are you still on the right track to achieve your goal as guide map?
Can you please state what your ROADMAPS will be like for the next few years? And what are some of the important achievements you want to achieve? To advance your token?
Only getting users, holders etc is not everything. In my opinion, a project needs to deal with solving a real world issue or problem What is the problem that your project primarily focuses on?
in a number of ways, including, but not limited to denial of service attacks, What are the plans to tackle with them?
South Park Yield Farming is being integrated to Polygon. So,why does your platform choose Polygon as your partner in your Yield Farming? What are the strong points that you see in Polygon that will make it easy for users of South Park to adapt with the services of Polygon in terms of yield farming? Can you describe the win-win benefits of both platforms for this integration especially in terms of profit-sharing? Does your partnership with Polygon is consider to be a long-term collaboration? Thank you
For the third month of your roadmap’s platform,you plan to have a Cross-chain system. Can you give us a little overview about this cross-chain system that you are going to implement in South Park? Can you give us a pinch of idea if what are the chains that you plan to integrate with, for this Cross-chain system? and why choose those chains? Thank you
Hi SouthPark!
These days security should be taken very seriously, I am very glad to see that you passed external audits performed by the Obelisk! I see there were several flaws found in the smart contract during the audit but it was decided not to fix them because the contract was already deployed. With a lot of bad actors in the crypto space what emergency plans do you have in case security problems arise? Do you consider migrating to a new patched smart contract in the future to guarantee the safety of liquidity on the platform? Thank you!
Hi SouthPark!
I see that South Park has a 5% transfer tax on each transaction of its native token KENNY. 3% will be automatically added to the KENNY-MATIC liquidity pool on QuickSwap through the contract. 2% will be automatically added to the Reinvestment Pool. Could you explain what the Reinvestment Pool is and how these funds will be used? What is the idea behind the Reinvestment Pool, how is it different from the regular KENNY pool? What will incentivise users to use the Reinvestment Pool if it has a lower APR than the generic KENNY pool? Thank you!
Hi SouthPark!
Please tell us more details about the harvest lockup feature that you introduced to the South Park platform. I read that it aims to limit the frequency of harvest as a protection from token volatility but I do not really see the connection between the two. Can you give some examples of how it works please? Users are allowed to claim their rewards from farming every 4 hours, they can sell all accumulated rewards which will increase price volatility, right? So what does the harvest lockup achieve compared to the farms that have no lockups? Thank you!
hi obviously your current solution for handling the selling pressure are failing, do you have other plan how to make the native token pumped back up?
Your project name SouthPark and theme of your project reminds me of my favorite animated sitcom South Park, produced by South Park Studio. As a huge fan of South Park sitcom, I would love to know if SouthPark finance project has any connections or affliation with South Park Studio?
do you have any preview/teaser on game save kenny? or maybe can you explain what the gameplay will be?
In your Website,i noticed that the prices of $Kenny are decreasing.And in your Telegram i saw someone who invested in your project losing greatly from $6000 to $12.5,seeing such can create panic among other investors.My question is,Is there a way you can increase the APR/APY of your farming and staking pool to attract more inestors?What are your plans for price stability so that your project will not rug-pull?
Since your project name is SouthPark, that based on American animated series. Do you have plan to make similar character in SouthPark as NFT?
As a lending system, how do you solve a issue of borrowed funds not been able to be paid back? What detamins who to be eligible for this service?
The audit of Southpark was conducted by two of OBELISK,was conducted by 2 of Obelisk experts between the 26th of May 2021 and the 2nd of June 2021.After finishing the full audit,Obelisk found some security isssue in the Smart Contract of Southpark.This might create fears in the mind of potential investors.Since security is of utmost importance,how do you plan to solve this issue so that those investing will have confidence in your project?
I see that you always doing buyback and burn KENNY token and then announced it to your community, may i know what are the system mechanism for buyback and burn? Is it random or you have some schedule to do burn event?
South Park is all about yield farm with high APRs, smart tokenomics and profitable referral system. You claim that your refferal system will make people rich.Can you explain with the statement, how does the refferal system work and why its different with refferal system from other project?
Most DeFi projects especially those ones offering yield farming are driven up by hype and scarcity, so when the hype dies the project dies. What’s the key to sustaining Your Project yield farming ?
Besides a great team of communities is essential to a project, how do you make it to build a great and strong community? do you have a local community in your project?
Cooperation and partnership is one of the most important issues to help develop a project. Can you tell us about your existing partnerships, the partnership plans, and what people can gain from these partnerships?
I see that South Park have unique Tax system. And you mention taxes are part of smart tokenomics that your team want to have to make our small community sustainable for long term gains. Can you explain more about your tax system inside South Park why its special?
I read that South Park built under Polygon and also you mention on telegram that South Park have the best feature name with “Reinvestment Pool” Inside South Park Project, can you explain the detail what is Reinvestment Pool and why you said its the best feature that South park have? How it works?
SouthPark featured variation of pools which are: REINVEST, KENNY, WMATIC, WBTC, WETH, USDC, USDT, DAI, and GEN. Can you explain to us more the profitability of each pool? What differs one from the other? and what do you think will be the best choice and will suggest for big investors?
Why did you base your platform on the famous cartoon on the 90s? Is this based on the likes of the team? Where did the idea of basing the project from South Park came from? Will other characters be tokens or collectibles too? This is a great idea for NFTs especially for South Park lovers out there who loves crypto too!
The website provided only a little information about the success that South Park wants to achieve. Where can we access the roadmap? It’d be nice to know what innovations you’ve got for us in the future. Will NFTs be available? What other excitingly features shall we await soon?