We are pleased to announce our next AMA on June 14th 2021 at 03:00 PM UTC Time: Satoshi Club x Unipilot
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Unipilot Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Unipilot Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Unipilot
For more details:
Unipilot Website – unipilot.io
Unipilot Telegram – @unipilot_io
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
On your Roadmap u say you got a new Logo. Do you have already one or will the community be involved ? 🙂
Why you are going to rebranding so early ?
How did you conceptualize Unipilot and what’s your overall aspiration for the project?
What’s the key difference between Unipilot’s growth strategy as compared to other tokens?
How does Unipilot protect its users from scams and attacks?
Just read about the Pilot protocol, The articles really excites me for the launch though I’ve few quick questions about the protocol.
1/ To deal with the rapidly changing market price of the asset(for say ETH price in ETH/DAI pool), Unipilot will use “auto-rebalances liquidity” function(as mentioned in the article). That sounds cool, how the auto-rebalancer works? if you could give us a good understanding in the layman terms.
2/ Is Unipilot a complete separate protocol or just an interface to interact with Uniswap v3? the point of asking this question is to get better understanding whether do we’ve to trust Unipilot with NFT’s or it’s within our own vaults?
In your website it is mentioned,
Pilot protocol allows anyone to deploy their own liquidity vault. Each vault is managed by CAPTAINS to ensure they’re always optimized.And also ,Captains can be anyone that helps Pilot protocol by optimizing vaults in optimal range or getting in-active vault to active again.
I am really curious to know,
What is the role of captain within UNIPILOT?How can user become a captain ?
What are the requirements ?Should
they have good technical knowledge?what are the benefits of being a captain within Unipilot ?
Can they stop working as a captain without any time limit ?
Unipilot has a mechanism called concentration incentives which help to get maximum fees with less monitoring.I couldn’t find Unipilot whitepaper to find more details.I think it will be released in this month.
So can you please explain us what is this mechanism concentraion incentives ?How does it work within Unipilot?How does it help for the user ?can all Unipilot users get benefits from this mechanism without any requirements ?
In order to help users manage their liquidity positions to maximize returns from their investments. UNIPILOT will help Suggest to users the most optimal range to provide liquidity in.. So how does UNIPILOT arrive at an optimal range for liquidity pools, and what does your algorithm look at when deciding the best optimal range a user can provide liquidity in….This range is said to be changing with the price of the asset involved. So how does this change go on to affect the returns Users get and how does UNIPILOT ensure that even when the range changes due to price of the assets users can still maximize returns for their investments..
One of the feature and capabilities UNIPILOT will be providing to its users, is the ability to Provide liquidity with just one token… for this to be possible it means UNIPILOT will help sort out the other details since liquidity pools are mainly dual tokens, so how does UNIPILOT implement this feature on its platform, how do you make the provision of liquidity by users using only one token possible and how do users go on to provide liquidity using just one token using UNIPILOT.
UNIPILOT has an Index fund where the fees collected from the liquidity providers will go into. This Index Fund will back the $PILOT token, and will contain hundreds of tokens… So how will your index fund idea work, how does this index fund go on to affect the price and value of $PILOT, how do the multiple tokens that makes up this Index Fund get added to it, and will all 100% of the transactions fees go into this Index fund…
I find it something very gratifying that Unipilot take as a main initiative to give these advantages to users by making everything easier with their liquidity rebalancing system since by other means such as Uniswap everything must be done manually in terms of optimization of liquidity generating losses due to the payment of gas rates, being that with Unipilot everything is different since its rebalancing system is focused on covering those gas rates through what you call concentration incentives, I would like to know what other types of contributions they plan to add through the project, it will be developing little in the future, apart from the decrease in the collection of fees, liquidity optimization, which it plans to add and improve so that users feel confident and motivated to work with you and thus do of Unipilot one of the best projects since very few offer my services?
They have had as a main idea in Unipilot the creation of bots to be focused on the control and optimization of liquidity deposited in the vaults, providing this assistance so that users can fully enjoy the rates generated, I also understand that users do not have no type of limits to add finances or liquidity to the vaults, but in a single specific token, it took them to have this great idea and materialize it to make Unipilot an efficient project? Why have they chosen to let users be able to deposit a single type of token, what advantages can you get with all this?
To be able to give value to the token, it is necessary to use the pilot protocol and the liquidity deposit to the project, the only way to approach these external tokens is to burn the $ Pilot tokens to be able to give the desired value to $ Pilot, how will the distribution of the $ Pilot token to users, will they provide a white list or will it be auctioned? How will they be able to attract the attention of users so that they want to invest in the $ Pilot token, thus giving growth to it?
Liquidity providers makes funds available in a liquidity pool with his crypto assets and facilitate trading on the platform and earn passive income on his deposit. From your medium article Unipilot promises more enticing returns to liquidity providers through the concept of ‘Concentrated Liquidity’. What does Concentrated liquidity mean, and how can you achieve this?
In your Medium article, you plan on using Concentrated Liquidity to help liquidity providers earn more funds. The challenge with concentrated liquidity is keeping it in the active price range so that it consistently earns fees through trades. How do you plan to solve this challenge so that it will not impact negatively on the liquidity providers.
They have where they plan to go with their liquidity rebalancing and optimization system since Unipilot is a project that is implementing a system that we could say has not yet been seen in any other project, but it is not a mystery that they will use the same method to their projects and this would not be a problem but a competition, what would they do in Unipilot to maintain that advantage that you have at the moment? How do they feel implementing this method and what do they expect from the users for the benefit of it and the project?
Please explain why in the scheme of profit, participates in the creation of NFT, and not as a usual smart contract when creating a pool? Is NFT able to perform functions that are needed such as rebalancing, deposit/withdrawal, and other operations that require logic?
Hi Unipilot!
Please tell us more about the Captains role on the Unipilot platform. I read that anyone can be a Captain and helps Pilot protocol by optimizing vaults in optimal range or getting an in-active vault to activate again. How do Captains do that exactly? Why do you need people to do the optimization and activation tasks, is it impossible to automate this functionality to achieve optimal results on the smart contract level? Thank you!
Hi Unipilot!
Unipilot positions itself as a universal automated liquidity manager designed to maximize ”in-range” time for capital by optimizing the rebalancing of liquidity pools. Could you share the details of your core functionality? What exactly is capital ”in-range” time and how do you maximize it? What algorithms do you use for optimizing and rebalancing the liquidity pools, is it automated or does it require manual intervention? Thank you!
Hi Unipilot!
I would like to learn more about burning tokens to get underlying assets functionality. Unipilot documentation mentions that the only way to access the underlying assets tokens is to burn pilot tokens. Will this burning affect the total supply of the $PILOT tokens or are you minting the corresponding amount with each burn? You mention that this functionality creates a collateralized backstop to the $PILOT token. Can you please explain what a collateralized backstop is? Thank you!
I read that the fees collected from the liquidity providers will go into an index fund. For what purposes was this index fund created and for what will the accumulated funds be distributed? Will all fees collected from the liquidity providers go to this fund or some percentage? Will the flow of funds to this fund be organized from other sources as well, or do you have other funds open for this?
Unipilot’s components include the functioning of Pilot vaults, the introduction of a decentralized mechanism known as “concentration incentives” and the prediction of liquidity ranges. In your article in Medium, you only talk about two of them so far: Vaults and Fees and Fares. What are their implications for the Unipilot community? What other components does Unipilot have and how do they work?
What does the phrase “Unipilot – Uniswap on Autopilot” mean? What is Unipilot, how and when did the idea of its creation arise and who was the ideologist? In addition, according to the roadmap, the Rebranding of Unipilot took place in May. What changes have been made in this regard?
I saw on your website that Unipilot uses a mechanism called concentration incentives to provide with constant optimization to every vault, can you explain how does it work and what benefits it has for the users?
About the fees management from your Vaults product I read that users have two options in the Pilot protocol, one to withdraw their fees in terms of the token they provided and pay a 2% vault fare to the protocol and other to withdraw 100% of the fees in terms of PILOT tokens, in both cases the index funds plays a role and some of these fees goes to that fund, can you explain what is your index fund and it’s function?
It is possible through UNISWAP V3 to increase the yield without having to deploy the funds in relatively short intervals, on what depends that the liquidity providers can obtain 100% of the benefits of the concentrated liquidity in the short term?
Unipilot is in charge of managing the liquidity providers’ capital in its entirety or does it provide them with the technological tools and consultancies so that they are able to achieve a balance according to market movements?
The burning of the pilot token allows access to the asset tokens. Is it among your plans to incorporate other cryptocurrencies apart from Ethereum to create a more solid backing for the TOKEM $ PILOT and can it revalue?
Until the moment with what type of security they have in Unipilot towards users in terms of the vulnerability of the vaults since for many hackers this is something striking due to the capital handled in the vaults, the users will have to pass a Kyc or some type of verification to register with Unipilot? Will they carry out some type of audit towards the users to verify if the author user is the one who is entering the vault?
1. Maximizing the results is the hope of everyone. Can you please explain what is the mechanism you use for that?
2. When minimalizing human interference, how are you going to handle the issues of users? In other words, is there a method which allows us to contact a team member instead of a support bot?
3. Can you please explain briefly how UniPilot V2 differs from V1 and what is meant by your logo?
While reading about Unipilot I saw that one of your features is something called “Be a Captain”, can you give us more information about it? I saw that on this feature automated bots will be built by UniPilot’s team initially and then by the community, but, how does this relate with being a captain? Also, what are the main functions of this bots and how will the community be able to build them later on?
One of the solutions provide by UniPilot is that “You’ll no longer have to use different protocol for each AMM”, can you tell us more about this? What kind of protocol will it be implemented on UniPilot that people won’t need different ones for each AMM? How will you make possible this achievement?
I read that UniPilot implements a new mechanism called “Concentration Incentives”, can you tell us more about it? How does this mechanism exactly work and what are the benefits users get from the implementation of such in your platform? Also, what advantages does this mechanism provide to Unipilot comparing it to other mechanism we can see on other plaforms?
You said the pilot protocol system is a self-managed system that needs minimal external human interference. However, while it requires minimal human interference, it does not mean it requires none at all. This presents a potential risk, no matter how small. Can you tell us what are some of the measures you have in place to keep your app secure and unbreachable? How will you ensure your users that this is not something that they need to worry about and that it will not present a problem in the future?
Recently you have decided to rebrand entirely. This is a curious thing to do, especially since the launch was just a month ago. Could you elaborate on the main reasons for this rebrand? How long was the project in its developing phase before launch, do you feel it was rushed? Will this affect anything about the project/community?
As we know Uniswap v3 will use concentrated liquidity. Based on what data will you be able to keep the liquidity in the most profitable range and from what funds will be paid the commission for transactions related to the rearrangement of the range? After all, according to your information, the user does not carry the cost with these commissions.
In your most recent article you mentioned about expanding the information about the malicious users, their possible attack vectors, and how the protocol will penalize them, is it this information already available? How will you mantain the balance on your ecosystem?
On your ecosystem there’s actors called “Captains” that are responsive for monitoring and optimizing the liquidity, can you explain how are they selected? Is it an automated process done by bots or can real users be part of this tasks? How are they rewarded?
There is a trilogy in which users usually focus their research in most of the projects in which they want to invest, which are security, scalability and decentralization that these can offer, knowing this, how is Unipilot defined in these 3 particular points, how important are these issues for you and what actions or adoptions have you made to achieve the best fulfillment of these?
I read that Unipilot has captains, could you please tell us how important are they within the ecosystem, what are the tasks they must perform, if any user can be a captain and what benefits would they get from receiving this title?
The $PILOT token, what utilities and opportunities does it offer to its holders, what is its importance within Unipilot, how and where can it be purchased, what components ensure its sustainability, profitability and longevity and above all in how many ways can we multiply it?
Almost all projects have funds that support the value of the token and/or the growth of the project, in the case of Unipilot I have read that they use an index fund, could you explain how it works, why they decided to implement this type of fund, how do you guarantee that it is 100% transparent and secure, and that once they make a good amount of money, they will not leave with it, leaving the project and its investors abandoned?
I noticed on your website that the Unipilot Roadmap is only up to the month of July, could you tell us to date, how many objectives have been successfully met, what plans are being developed for the rest of the year and how do you guarantee that they will achieve a project that will be with us for a long time and that not only that, but will also be one of the most successful projects in the market?
As part of the plans towards the roll out of the Unipilot’s official full launch in the month of July, Unipilot within the next couple of days will offer a feature which it calls “Flash liquidity”. As published on twitter, Unipilot claims investors would instantly earn 100% of their fees in an instant. Can you briefly explain how this Flash Liquidity Feature would work, are there specific requirements to be fulfilled on the part of the investor to be guaranteed such returns, and for how long would this unique feature run?
An added advantage to the deployment and use of Unipilot as a liquidity manager is the elimination of the huge gas fees associated with optimization of liquidity or reactivation of liquidity. The Unipilot’s protocol effectively takes care of this challenge for the investor. Without a doubt, this feature would definitely appeal to any user and can greatly affect his choice of investment. Therefore, can you carefully explain how Unipilot’s protocol archives this, and what are the optimization procedures deployed by the protocol to guarantee the best returns to investment?
I read in your website about the liquidity provided funds it stated that the fees collected from the liquidity providers will go into an index fund. Can you explain to us what is this index funds means? What purposes it serves to create an index funds? How much percentage from the liquidity provided will go to the index funds?
According to your website,it is estimated that as more users are joining the $PILOT protocol the value of $PILOT token will increase as the usage of protocol is directly proportional to more fees earned and added to the index fund. How can you prove this estimation of yours? As we know that market is unpredictable and volatile,so how will you assure that the value of $PILOT will increase as the users increases? Many tokens or platforms has more users but when market strikes especially when BTC dumping some alts also dumping,so in the case of this statement of Unipilot protocol ,how will you manage the situation? Thank you
Unipilot enable to save on gas through managing just one NFT for each vault and use the uniswap re-price function for adding more liquidity to the vault which is much cheaper than creating a new position on Uniswap.So, does the Re-price function of Uniswap is accessible to everyone or you need permission from the Uniswap admins? How does this Re-price function works? By using this function,is there a possibility that the price of $PILOT token in Uniswap will be different from other exchanges? Aside from Uniswap, do you plan to add more swapping tools for $PILOT token for more options of your traders and investors? Thank you
Can you please explain the working mechanism of adding liquidity with just one token? What are the advantages of this feature? Do UniPilot give a contract based on the amount of the assets of users just like in margin trades and add liquidity based on this or UniPilot swap these tokens automatically to gain extra time to its investors? Is there any disadvantages of this system? How will it work when investors want to remove the liquidity? Will UniPilot swap back these tokens to the very beginning one or will they stay as how they were in liquidity pool?
As I see in the roadmap, UniPilot aims to launch its testnet on July 2021. How long will you keep the testnet alive? Will there be a bug bounty program or tasks with insensitivities? How experienced is UniPilot’s development team? Will UniPilot able to instant response to the errors in the system?
What are the captains? Can anybody become a captain in UniPilot? What should users do to be a captain? Can you please explain the benefits and also the duties of being a captain?
There is an announcement on UniPilot telegram that you will launching new feature next week where user can earn 100% fees in an instant and name with ” flash liquidity”. Could you explain how this feature work so i can get full 100% fees in an instant? Where is the fund come from?
I wanted to follow your project for the long term. Where i can get all the latest news about your project? Do you have Twitter/Telegram/Discord community? If yes can you share the link here because there is a lot of fake telegram/twitter groups?
Have you considered the possibility of enabling other languages on your website to increase the capture of the public and possible holders and investors and also expand other markets?
I read that The PILOT token is a utility token that will be initially distributed to early adopters and can be bought through public/private sale. Well speak of private sale, i’m really interested to become one of participant, so how is the way and what do i need to do to become the whitelist your private sale? And how about your public sale, where will it be listing?
So after learn more about UniPilot, i see that UniPilot just live, launch and change into new website, new logo and brand identity. Could you explain why do you change into “new project”? What happen to your ” Previous” Project, i hear that you have problem or issue regarding hack matter? Can you give confirmation?
I am curious as to how exactly is this optimization is achieved.
Like for DAI/USDT pair the price of 0.99 & 1.01 can be predicted easily as it is a pair of stable coins.
But what about volatile coins how will Unipilot optimize liquidity in those pairs? Is there a formula behind it?
How does Unipilot make sure that our vested amounts don’t go lower than our initial investments?