We are pleased to announce our next AMA on June 9th 2021 at 01:00 PM UTC Time: Satoshi Club x Defactor
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Defactor Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Defactor Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Defactor
For more details:
Defactor Website – defactor.com
Defactor Telegram – @defactor_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
I saw in your article that you are building a project with some asset originators On P2P lending,In p2p lending there are options for fixed and flexible lending,Can you tell us how far you have gone with the project?And knowing that flexible lending determine the market prices for some rate and fixed option will have the higher rate,Will Defactor plan to use both or one option since there will be diiferent users in your platform?
$FACTR will ultimately allow for the the transition of control from the Defactor Launch Team to a DAO foundation governed by its token holders.Does that mean the DAO token holders can participate in the governance decisions and also in product related matters? Since the DAO will control the community treasury,when an error occur in the DAO treasury contract code leading to an internal or external attack-how do tou plan to resolve it?
The Defactor APIs platform will serve as bridge between the on-chain and off chain world.And connectors will be made availabe to the Asset originator to send Information to Defactor and to connect to 3rd party data to enchance risk and governance processes and this connectors will be used to provide access liquidity through the Defi protocols such as the Centrifuge,AAVE and Maker.My questionis how much will be the percentage of intreast in the 3 Defi protocols?What will be the collateral or fund stored or used by the 3 Defi protocols?And how safe and secure is a user fund in the Defi protocols platform?
One of the key components of the Defactor protocol, is the insurance it provides for deals originated and processed through its platform. How does Defactor provide for Insurance of deals on its Platform, and what kinds of risks does insurance in Defactor cover for, and will this insurace automatically cover all deals processed through defactor or will the asset originators be the ones to decide on this..
One of the features of Defactor is its Credit Risk Scoring system, where a risk assessment will be performed and each asset assigned a credit risk score… So how does Defactor assign a credit riskscore to an ssset, what criterias and features do you use, how is the score calculated, and what will be the significance of assigning assets within Defactor a credit risk score..
Going through some of the components of Defactor, i came across the “Deal Liquidator” which is said to be a secondary market where investors will be able to release liquidity by trading their investments, and that this will also be used to liquidate any deals at risk of non-performance through a partner network… How does this secondary market work, againt what will investors be trading their investments for in the Deal liquidator, What partner networks will Defactor be using for the liquidation of deals, and how will Defactor liquidate deals considered to be at risk of non-performance usign the deal liquidator and a partner network…
$FACTR holders can vote on key operational decisions and activities such as fees, target markets & risk appetite. Also it says stake weighted governance so won’t this cause the whales to own the governance of the ecosystem? Or is stake weighted governance executed differently on the governance? How can you provide an equal voting system for everyone?
Defactor uses a stake weighted Governance model in it’s ecosystem, can you please discuss briefly on this governance model? what added advantage does it add or brings Defactor Ecosystem?
One of the problem of onboarding asset originators is the difficulty in assessing known and unknown credit risk. To solve this, Defactor will introduce a Credit Assessment Risk Score to determine the level of funding available against an asset. Can you explain the differences between the Supplier Concentration limit and Debtor Consensus limit and how they interplay to arrive at a credit rating that is indicative of the funding risk of an asset? What invoice size limits are considered before the protocol will release the collateral NFTs to the pool for funding? In what way will you monitor the funding history to be sure that funding is in tandem with an asset pool credit rating?
Defactor Governance model will utilise a signal and support methodology that will allow holders to contribute proposals and vote for ecosystem development. How much of $FACTR are required for voting or proposal and how does your signal and support governance model work? What categories of users are included in the DAO Foundation and what are the protocol’s operating jurisdiction that proposals should comply with before it can be passed for DAO implementation? How will Defactor DAO structure combine compliance and transparency in decisions to ensure it align with stakeholders interest?
Your plan is to launch your token on Ethereum due to the mature nature of this blockchain and the fact that your two major liquidity provider (Centrifuge and Maker) are domiciled on this chain. Despite the developed nature of Ethereum blockchain, it has its limitations of scalability. Even Centrifuge is already planning to migrate to Polkadot. Will your protocol always be on Ethereum blockchain? Will you have solution to tackle the transaction speed and fee on this chain? Don’t you think it is necessary to explore other rising blockchain or L2 scaling solutions for your protocol operation?
Defactor is an innovative platform that bridges the gap between DeFi’s liquidity and real-world asset originators. Now, what strategy does Defactor apply to achieve the faithful fulfillment of this objective? What are the base features of Defactor? What are the solutions that you offer to the market as a product? Who can use Defactor?
The world of decentralized finance (DeFi) is complex to navigate even for seasoned financial professionals. However, with the explosive development of blockchain, cryptocurrencies, and related industries, people interested in the future of finance can hardly stay away. They need a partner who can help them navigate the market. What solutions does Defactor provide to this current problem in the world of decentralized finance? What are Defactor’s strategies to smooth and facilitate bold moves in the world of DeFi?
Among the most salient issues currently roaming the DeFi world are: Those with the desire to enter the market often do not have the technology, knowledge, and time to manage liquidity funds in this space. A combination of complexity, risk, a shortage of experience and high cost of escalation finally confront them when they look to enter. Will Defactor cover issues other than those mentioned above in the DeFi world? Do you offer basic, intermediate and advanced knowledge as a kind of tool to encourage society to continue experiencing the wonders that the DeFi world offers? Do you present a solution for each and every one of these problems?
Everyone talks about decentralized finance, but it is possible and I know that it is so, that many people are not clear about how deep DeFi really goes. A world of blockchain and cryptocurrency applications is disrupting financial intermediaries. People call them the future of finance – the Defactor team believes they are the NOW of money. Does Defactor allow real-world asset originators to access DeFi’s liquidity and allow investors to gain insight into the underlying assets being funded without hindrance? Does Defactor have any kind of application for asset authentication? Really, what are the most objective benefits that Defactor provides to viewers?
What powers the insurance pool ? And what role plays the deal manger and deal validator in your ecosystem ? And what is the mechanism of the risk manager calculator ?
Defactor is the solution, it is an easy-to-use platform that allows real-world asset originators to seamlessly access DeFi liquidity and provide investors with insight into the underlying assets being funded. It has an easy-to-use application to authenticate and incorporate assets, allowing cryptocurrencies and trust bridges; connection to liquidity groups; protection through insurance; along with strong governance and community support. Are you stipulated to have a global launch? What are the resources that you currently offer? What are the uses of the $ FACTR token? Does this technology also apply to countries that have restrictions? How does Defactor unleash decentralized finance?
Established to bridge the gap between traditional and decentralized finance, Defactor provides a decentralized platform through which asset originators around the world can access an extensive network of DeFi liquidity funds to acquire commercial and commercial financing. billing for your business. What are the strategic partnerships that will be implemented to promote the Defactor project? What kind of input will ConsolFreight be providing to continue driving the digital transformation of the financial industry? Besides ConsolFreight, do you have any other strategic partner?
Among the most salient problems seen in the DeFi world, it can be mentioned that asset originators are forced to use manual processes to access liquidity in the DeFi space, asset originators do not have efficient tools to manage assets. Liquidity funds, investors have little visibility into what underlies their investments today and have limited access to real world assets or a diversity of investments, on and off the fund ramp is complicated as FIAT is required by end users. Does Defactor offer the necessary tools to achieve a complete integration layer? What system is implemented to give mobility to these processes? Does the Defactor platform provide the connectors and risk models for asset originators to digitize their data? Is Defactor democratizing access to capital? Why now and not let DeFi run its course on its own?
The very essence of the platform is to provide RWAOS with the ability to raise funds without the need to build a complex and expensive blockchain infrastructure. As such, the platform has implemented a set of connectors for on-chain and off-chain resources such as credit reporting agencies, open banking providers, ERP and accounting information systems, and KYC providers. What are the main targets to attack in the decentralized world? What network does Defactor work under? Where will all this data that will be used in the connectors be recorded and stored? Have you had any kind of audit to verify the authenticity of this project? What are the requirements and resources that my company must have in order to opt for a Defactor service?
who is your greatest competitor and how can you learn from his past mistakes, or what makes you stronger ?
„Simple to use platform“ = could we expect a App for mobile Phone ?
who is the main target group?
many of the new small investors are investing a lot of money in colorful meme tokens. this project is far more complex.
So who you want to buy ?
Right now some of your partners include ConsolFreight, Centrifuge, and iHuddle. While partnerships are natural while developing your project, currently we can note many groups only collab for the sake of marketing, and fail to work towards their vision/goals. Could you tell us what are some of the benefits these collaborations will bring to the project? Are there any features/products you are actively working on?
I see Defactor is focusing its attention to Real World Asset Originators that are onboarded to the DeFi ecosystem, can you explain what are these actors and why are you focusing your solutions on integrating them to the decentralized finances?
Your methods are aimed to icentivize the positive actions among your ecosystem and reward them with $FACTR, but there’s a lot of tasks to be done on your ecosystem and it includes validators, originators and more … How do you keep a balance among the activities that are handled on your platform? What happens if the actions of the validators are wrong? Is there some kind of punishment?
Regarding your solutions you provide the integration and risk management tools for RWA originators to access and manage their DeFi processes. What are those tools are you talking about? How can it be better the DeFi processes? only can RWA originators access? What is the role of the community here?
I read that you want to Incentive Positive Actions and it will rewarded with $FACTR. But, what are these positive actions? How can i do one? Are there a list of actions users can make to get $FACTR? Do you think this kind of activities motivate users to be active in your platform and indirectly improve your economy?
When you say that DEFACTOR is the bridge between traditional and decentralised finance. What are those features are you merging of both? People are here in the crypto world because is tired about the traditional finance. How do you make an innovative idea to attract users to this kind of bridge? and how this idea helping to improve the problems as scarcity of expertise, highly complex, high cost of scaling and risks unknown?
❤️ I just realized that your token FACTR is used into the insurance pool and as collateral, so can you tell us why Investors should trust this token to support its funds? What are the financial security measures that the FACTR offers?
Defactor acts like way or direct connection between DeFi and the Traditional finance, so are you only allowed to support FIAT? Or do are you able to integrate other types of assets?
The FACTR design criteria allows to user to receive FACTR token as Reward for do ” positive actions”, so that got my attention, can you tell us what happen with those Users that act dishonesty ?
One of the role that you have available to your users is the Deal Validator, so can you tell us how do you chose the users qualified to be a Deal Validator?
DEX has had a great growth and acceptance, unfortunately many projects are not well done and end up in scam, it is a problem that defactor intends to solve, how do you plan to solve these problems?
Defactor indicates that to enter your network requires $ FACTR bet, how much is the minimum amount of $FACTR to bet? How do I get the $FACTR and can I access the network betting other cryptocurrencies?
Defactor is presented as a great project to solve one of the big problems of the Defi ecosystem, so I would like to know how to buy the tokens, they talk about two public sales, what dates are planned, and how can I buy them?
Defactor would integrate and utilise NFTs especially with assets such as invoices, and other legal titles. Defactor hopes that storing these legal titles in NFTs will give it’s operations and transactions numerous advantages and also open up a whole new financial venture to investors. Though this NFT technology is currently limited to the use as stated above on the Defactor ecosystem, but are there plans to expand the use and adoption of NFTs to other areas within Defactor’s operational services, and what are the advantages of storing up these legal titles in NFTs?
I saw you announced that ConsolFreight, the asset builder for trade finance, will be the first strategic partner and the first to adopt Defactor. But tell us, what are the differences and advantages over other platforms that Defactor offers? What made ConsolFreight choose your platform for this great partnership? What kind of actions will you carry out as an association in order to become a better platform?
Regarding the $FACTR token and its governance. You mention that the holders of this token can vote on key decisions and activities. So could you tell us what kinds of decisions can these headlines make and what kinds of activities are you referring to? When you say that the positive actions of users are rewarded with $FACTR, what positive actions do you mean? Could you explain more about this?
Sticking to it’s mandate of providing a platform for asset originators to compliment their traditional finance providers with DeFi, Defactor recently announced it’s first strategic partnership with ConsolFreight, a leading real world asset originators for trade finance. ConsolFreight also being the earliest adopter of the Defactor platform, would play a key role in complimenting Defactor’s unique services. Can you carefully explain the details of this partnership, how would it positively enhance the operations and services of Defactor, and what strategic benefits will this partnership have on both parties (Defactor & ConsolFreight) and investors alike?
I consider that 3 important issues that we must know in any project in which we want to invest, is the security, scalability and the importance given to the community within it, what can Defactor tell us about these 3 issues, how important are they for you and how are you managing them?
I read that Defactor provides its investors with insurance protection, could you tell us which insurers you work with and why you have selected them or if you are the ones who cover such insurances yourselves?
Defactor platform provides the integration and risk management tools for RWA originators. So what kind of benefits can RWA originators aquire through risk management tools? And also what is the “Risk Factor Framework” mentioned in your website? How is this feature operating, as user friendly protocal?
$FACTR will affect directly in the sustainability of the network and community due to the native token of Defactor platform. What are the privileges that can be aquired not only for $FACTR holders, but also for the Defactor platform by using the $FACTR as native token? I heard about voting system in your platform. So what kind of oprations, Can $FACTR holders vote? What about the whales of $FACTR? Will there be not any special offers for them in Defactor Platform?
When focusing on Road map, It takes my attention towards phase 02- Grow 2022 due to the additional liquidity pools & staking pools. Will you launch liquidity pools & staking pool within the Defactor platform with your own blockchain system? If not what will be the Defi Exchanges such as Uniswap, SushiSwap, pancakeswap etc that you expect to use in order to connect liquidity & staking pool of Defactor platform? Most of platforms used to implement liquidity protocals such as AMM,CPMM etc. Will there be liquidity protocals also in Defactor pools? What will be the benefits of being a user in Defactor platform as a LP or stake holder?
I saw that in your medium you mentioned that the world of DeFi is complex to navigate even for experienced professionals. What strategy would you use to make the process more understandable? What advice would you give to people who are starting out in this world?
I read through your medium that access to liquidity is a must for people entering the DeFi market, so how does Defactor help users get liquidity for decentralized finance?
Large Defactor stakeholders will be eligible for rate discounts, and their stake at risk will be factored into their reputational rating. Could you please elaborate on this? How can I get a discount on the rates I’m charged? What percentage of the total cost will be charged?
Part of your plan for 2021 is an Insurance Integration in which it is one of the solution you are applying to solve some problem of Defi, you will have a Risk Factor Framework providing investors with protection through insurance. So,can you explain more about how this Risk Factor Framework work? What advantage will it bring to investors? As you provide insurance as protection for investors,what instances or situations being covered by this insurance you are offering? Is this insurance is free or need subscription by investors? Can you tell us what third party platform you are going to integrate with this insurance protection? Is this insurance applicable to all of your investors even small investors or only major or big investors? Thank you
Reading about your project I found that you’ve already partnered with asset originators in the P2P lending and Trade Finance and Invoice Financing industries, can you highlight the most important aspects of your work together and can you get on float some of the names that are aiming to get onboarded to the decentralized finances? What are their intentions by adopting cryptocurrencies?
The $FACTR token will initially be launched on Ethereum, I read that this is because your main liquidity providers are Centrifuge and Maker but platforms like Centrifuge are currently working with Parity Substrate that will lead the path to a parachain on Polkadot, will Defactor take advantage of this partnership to allow interoperability on their network?
Large stakers of Defactor will be able to avail of discounts on rates charged. Who do you consider large stakers, what requirements do they have to fulfill in order to take advantage of the discounts? And what discounts do you give them? Are there any discounts for other users?
Please tell us about the reputational scorecard. What is it, what is its application, what data is taken into account when calculating the level of user reputation, which category of users is assessed and for what purpose? How is the data for the reputational scorecard collected and how often is it updated and where can I see it?
Could you give us details about the benefits that Defactor and its partners provide to each other, how important are these for the growth and expansion of the project, how many partnerships do you currently have and if you still consider having more?
What unique and revolutionary services does Defactor bring to the DeFi world, i.e. what is the contribution that this project brings to DeFi users that you think will really help you to maintain a good amount of active users on your platform?
Defactor states that one of the big problems of the Defi world is that investors have little visibility on what underlies their investments today, how do you plan to solve this problem?
As Defactor plans to connect DeFi’s liquidity pools, and provide a risk factor framework that provides protection to investors through insurance, what risk factors does Defactor have on Defi’s investments?
Defactor’s high rollers have great benefits, such as reduced fees, voting power, among others, what amount do I have to have to be considered a high roller, and you are talking about the reputation card, could you explain a little more about that?
One of the Defactor main purpose is to provide investors real world assets to invest in along with clarity over the details of the deals they are investing in, along with their corresponding risks. So can you tell us specifically, what are those real world assets that investors can invest with Defactor? How are those real world assets can be accessible and acquired in the market by investors through Defactor? As investment is risky,how will Defactor ensure that investment made by investors will be long-term and will really give a sure ROI to investors and money is safety upon investing? Thank you
Hi Defactor!
I read in the Defactor roadmap that you are going to implement external Oracles. Could you elaborate please? Are you developing your own oracles or collaborating with existing established 3d party oracles? If the latter, which ones do you plan to partner with and how did you select the ones that fit your project best? Thank you!
Hi Defactor!
Defactor announced partnership with ConsolFreight, real world asset originator for trade finance.
Ths partnership promises to tokenize physical assets into NFTs and use these as collateral to fund international trading operations. Could you please tell us more details about the benefits of this partnership? How exactly will Defactor help bridge the gap between traditional and decentralised finance? What are the use cases for the real world shipment companies, how will they benefit from the access to the DeFi liquidity pools?
Hi Defactor!
I’m very interested to learn more details about Defactor Crypto Fiat Bridging. Can you share the specifics on how it will work? Will it be accessible globally across the different countries? What fiat currencies will it support and what payment methods will be available to users? Thank you!
Partnership become one of crucial thing from a project to reach big success. I see that you just announced first partnership with Centrifudge and Consolfreight. Can you explain what are the benefit that Defactor already got from this partnership? What are your future plan for your next partnership?
Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?
Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project?
At this moment, which one the most Necessary for your project:
1. Investors
2. Community
3. Market/Exchange
and why?
Defactor want to build bridge between traditional finance and decentralized finance. Although using a traditional finance might seem old-school or too conventional, there are certain advantages unique to by using traditional that are offer many things like wealth management and investment service. So what are Defactor trying to fix and solve from traditional finance, why it needs decentralized touch?
Since community is a backbone for successful projects, I assume Defactor team aims to build a good community connection. How will you do this? Do you already have some plans to bring more investors in Defactor project and make them stay? Will there be some community events and rewards to strengthen the community connections?
Almost every investors hold the token for short-term without understanding the long-term value. So, how can you ensure us that holding this token is more beneficial for long-term and what is your plan to increase the demand and scarcity of the token?
1-Increasing Token price
2- make Token Valuable
3-Building Community Trust
From 3 aspects above,. I want to ask,. Which one the most important for you??
If all above are important for you,. Which one that Will you do first??
For your staking $FACTR feature, I read that you have insurance pool to minimize the risk for the lenders. Could you please explain how does the insurance system work inside your platform? When will this feature going to live and can be use by user?
Many projects started with exciting targets but they could not go further than becoming a locally supported project. What are your plans to become more global? Do you have enough resources, developers, marketing strategies and partnerships to be global ?
Can you give some information about bridge in Defactor? How widely will it work? Will it support many chains? Will it be fast and cheap? Ethereum gas fees are not stable and sometimes it goes extremely high. Will fees in Defactor also change by time according to the market?
ConsolFreight and Centrifuge were the first strategic partners and early adopters of the Defactor platform. You are currently also partnering with LendWise, Accelerated Payments, iHuddle and Black Manta, which add more value to the Defactor ecosystem. What development prospects do I have for Defactor thanks to these alliances, and what does the Defactor platform give to its partners that other similar platforms do not have? What makes you different from others? What other collaborations are expected in the near future?
Defactor is initially released in Ethereum Network due to the fact that its liquidity providers are in the ssid network as well (Centrifuge and Maker) However, with Ethereum issues regarding its high gas fees, people are less likely to adopt in this network despite its superiority as a blockchain. Do you also have plans for cross chain to incline with mass adoption? What steps do you plan to do in order to convince people that Ethereum or not, $FACTR will be worthy to buy?
Defactor mentioned in its whitepaper that a key success factor of all decentralized project is its great and effective governance. In compliance with this, Defactor implemented the “signal and support methodology” to get a better understanding of their stakeholders insights regarding their policies and proposals. Can you explain to us how frequent will this implementation be? How does it work and in what form can users support or object a decision? Where will this implementation be done? Will it be on telegram or other platforms?
Defactor is a cutting-edge platform that connects DeFi’s liquidity with real-world asset originators. Now, what strategy does Defactor employ in order to achieve this goal faithfully? What are the fundamental characteristics of Defactor? What are the market solutions that you provide as a product? Who is eligible to use Defactor?