We are pleased to announce our next AMA on August 5th 2021 at 01:00 PM UTC Time: Satoshi Club x Mate
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Mate Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Mate Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Mate
For more details:
Mate Website – usemate.com
Mate Telegram – @usemate
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
You mention on your website that your platform allows users to set and forget limit orders that come with your fermentation guarantee. Can you explain this “fermentation guarantee part”? How do you ensure to your users that their orders will always be done and what technology do you use to achieve it?
You promise a lot of boosts and bonus offers for early-adopters. Can you elaborate on this? What are these bonuses about and can you explain to us how to become an early adopter? Is this an ecosystem exclusive for farmers or do you offer other income-generating features?
in the MATE website it is mentioned that the limit orders come with fermentation guarantee, I would like you to expand a little more information about these “fermentation guarantees”, what are they about, what are their benefits and if you can explain us a little, what steps we would have to follow, in case we have to claim this guarantee?
the main proposal you see when entering the MATE portal are the unlimited orders and power tools for DEX users to operate better, could you comment us, what power tools are you talking about, how is guaranteed that they never fail, how do they improve our operations and what do we need to do to use such tools?
Currently, the most popular DEX in the BSC ecosystem is Pancakeswap, so I would like to know, how Mate plans to compete or at least be on par with this DEX, what are your unique value propositions, by which you consider yourself competitive, tell us a bit about this and also tell us about your smart contracts, if you have already audited them or if you plan to do so soon and who would be in charge of such audit?
as a novice user, the main concerns I have when I want to be part of a project and its benefits, is to know, how transparent, secure and scalable is the project in general, so, regarding these 3 points, how important are they for MATE, have you taken actions to comply with each of these issues, could you tell us a little bit about this?
I read that Yerbie is an energetic mug full of good vibes and green freshness to ensure the green bullish candle through the seasons. could you tell us a bit more about Yerbie, if you plan in the future to make NFTs for example related to this mascot, also tell us why you prevailed in a mug, what is the story behind Yerbie?
Currently, there are an array of decentralized exchanges. MATE is a fresh project run by an anonymous team. There are less than 1000 members in your Telegram group when I am asking this question. Further, any information about your security measures have not been published on the website or in social media. Why do the team members remain anonymous? What is the reason for your small community? What are your security measures? On the other hand, there are plenty of exchanges run by qualified and experienced team members who are willing to show their identity. Many DEX projects with large communities have published their audit reports and announced partnerships with insurance platforms. When these exchanges seem to be trustworthy, popular and secure, why should we choose MATE? What are your plans to prove the capabilities and experience of your team members, to expand the community, and to make the platform more secure?
You have indicated that your governance token, $MATE, can be used for farming and staking on your platform. This is a common feature for all DEX projects with a governance token. In addition to these rewards, what are the utilities of $MATE? Will it be tradeable on other exchanges? Do you provide rewards with the same token or is there a seperate reward token? By the way, is your platform secure for long term holdings? You have indicated that there is a risk of bugs, even for audited and highly reputable projects. According to this statement, new projects like MATE which are yet to be audited can be considered as more risky. How do you assure that the holdings in MATE are secure? Is it a good option for a long term investor to buy a considerable amount of $MATE and hold them in your platform?
One of the challenges with DEXes is that they are powered by an AMM system which only allow trade to be executed based on market order. This often result in an obvious price impact and slippages when compared with executing such trade with limit orders on CEXes. How will you be able to solve the inefficiencies associated with market order and introduce limit orders for any pairs of BSC token? How is your limit order system designed to be more effective than the maker-taker model used by 1inch and some other DEXes who have tried similar innovation? Since limit orders are based on order book which require a buyer before a sell order can be executed, how will you ensure adequate buying and selling volume that is needed to ensure orders are executed without unnecessary latency?
Orakuru was here for AMA on the 2nd of April and I can tell they are a cool project. It appears your project has some sort of connection with them. I know your project was incubated by Orakuru. But is this all? Do MATE and Orakuru have similarities and are they made up of similar team members? And apart from being associated with Orakuru, what other partnerships have MATE secured or which project do you intend to form a beneficial partnership that can boost the fortune of your projects as well as provide added utilities for users?
The major aim of MATE is to provide a platform that has the ability to allow the placement of limit orders for any BSC tokens. But one of the advantages of CEXes where limit order approach is commonly practised is that it allows limit orders to be done on many token pairs irrespective of their network. Are you only going to ensure the trading of assets on BSC network? Are there no plans to bring this innovation to other chains such as Ethereum? Also, won’t it be possible for you to take this further and provide a DEX platform that will allow cross-chain limit order placements for token pairs involving multiple chains?
The team behind MATE prefers to remain anonymous and not reveal their identities, is there a special reason why you made this decision or is it simply reserved to your privacy? Also, can you tell us about the fields of knowledge covered by the MATE team? What are the specialties that your team covers? And finally, does your team offer jobs to inexperienced young people with little professional experience?
On your website, one sentence that interest me is where you said: completely trust that your order will always execute with mate”. However, am looking at this from another perspective. Can we completely trust that our funds are always safe with Mate considering that the team is anonymous, has no whitepaper/roadmap and your project is pretty new in the DeFi space? Since you will launch farming around 10th of this month and farming pool is one of the most exploited DeFi component, have you taken deliberate effort to submit your token and contract to either internal scrutiny and external audits to ensure that investors can go to sleep with safety guaranteed?
I have seen that you plan to launch your farm between 9th and 10th of August. However, today is 5th and I have not seen any news on how to buy $MATE which will be you to participate in farming. Was there no private sale and are there no plan for public sales? Can you explain how you plan to distribute your Tokens and how investors will be able to get or buy it? Also, can we give us some details on how yield farming will be done when it is launched? Will this be done on your protocol or is it going to be hosted on external yield farming platform? How wil your APY look like when you launch this?
MATE offers the community the opportunity to explore community curated farms, with exclusive boosts and bonus offers for early-adopters. It is an incredible opportunity to start contributing to the MATE ecosystem. However, those farms are not yet available. When will they be launched and what incentives will early-adopters receive?
Some people believed that DeFi is incomplete if it does not create a role for NFTs and I think I align myself in that direction also. I have gone through some of your project resources and I am unable to see your plans for NFTs. Won’t NFTs have an available space to occupy in your project? Are there no plans for innovative NFTs functionalities and integration so as to avail your users more product options that can create additional utilities and demand for your token?
I did read that the team behind MATE are industrial figureheads who would love to remain anonymous. Is that anonymity temporarily? Have you considered revealing your identities in the future? Regarding the decision to remain anonymous, was it a joint decision of the entire team? None of them agreed to show their identity?
Mate offers you the best offer for operations through Limit Orders in any BSC token, are there limits for the issuance of orders? How do they provide liquidity and keep liquidity funds stable? BNB and its veracity and legality as a crypto-financial project?
Every project has characteristics that serve to label it and differentiate it from others, how can we differentiate MATE from other DEXs, what are the main functionalities of MATE, what is the difference between ORK-BNB and MATE-BNB and how does it benefit from Defi?
As far as I can understand the Limit Order It refers to the exchange of tokens, can you explain to us about the process to follow according to your protocols, what are the guidelines to guarantee security, how to self-evaluate the management of MATE, are they considered a really profitable DEX?
Many problems with trading on AMMs is that trades can only be executed on a market order, which carries high price impact and slippages and most of the existing limit orders solution on DEXs are inefficient as most limit orders are not filled even when the price meets.How will Mate determine the prices they quote?How will you minimize the price impact of a trader using a few simple strategies?And does Mate uses any Dex Aggregators like 1Inch,Matcha or Paraswap to solve limit order or you have your own limit order model?
Slippage usually occurs in periods when the market is highly volatile, or the market liquidity is low and Mate promised Zero Slippage and Guaranteed Execution to users in it platform.My question is,How do you plan to Minimize the Impact of Slippage?Will you Employ guaranteed stops and limit orders?What is your commitment to guaranteed execution and how do you deliver your best guaranteed execution?
You are offering bonus offers for early adopters. How much is the maximum number of early adopters that can receive these bonus offers? For example: If 1000 people explore your community curated farms as early adopters, how many of them will receive the bonus offers?
Mate is an incubated project from Orakuru.Does it mean that some of Orakuru Team members are also working on Mate?What is the goal or aim of ORK in Mate?Are the utilities token of Mate and ORK the same?And are you planning on having more partnerships that will enhance the stability and future growth of your project attracting more users to your project?
How do you guarantee that whenever a user places an order, that order is correctly executed, without any errors? What are the incentives for executor nodes to execute the order? Under what conditions would an order be canceled and not executed? In case an order is canceled, are the fees returned to the user?
1. It is mentioned that limit orders are executed by decentralized executor nodes. So will these nodes be run by the community, or is there some sort of selection process similar to what Orakuru has done? (I mention this since the projects are closely linked)
2. In another AMA you advised users to split large limit orders into smaller ones for a higher chance of execution, and when they do get executed it’s for the entire order. Are orders executed purely on the two factors: Price met and if an order has not expired yet? OR are there more variables that are accounted for (ex. liquidity, price impact, price slippage)?
3. How did the team come up with the name and theme for the project?
A limit order is to buy or sell an asset at a specific price (limit price) or better. MATE limit orders are guaranteed to execute if prices reach the buy or sell zone. Mate’s limit orders is what differentiates them from other DEX. How does MATE limit orders work?
Mate aims to help you cut losses through a DEX. But what tools does Mate have to reduce losses? How do they really achieve this reduction? Have you already estimated the percentage of loss reduction compared to other DEX?
Mate offers the best offer for trading through Limit Orders on any BSC token without unpredictable slippage. How does the Mate platform prevent these unpredictable landslides? What makes mate different from other DEX?
I can see you’re a new project with a community member less than a thousand people in it and yet to make a name for your self in this industry. As you know community support is an integral part of any given project building to be stable. My question is how do you intend to create awareness about your project in different regions and countries and attract them to your community? How will you make your goals, missions, products known to the DeFi world and attract investors to it. Most projects engage in ambassador programs, loyalty events. Is MATE thinking in that way too?. I also see that you partnered with Orakuru which also happened to be an anon team and their platform would be used for staking and farming. Are there other utilities which this partnership offer and how does it develop the entire MATE ecosystem in a long run?.
I am following Orakuru project already for a while and when I visited the website of UseMate, I see you also offer a farming opportunity with $ORK. Is UseMate a part of Orakuru project or do you have a partnership? I would like to know what are the benefits of working together with Orakuru and how will they contribute to UseMate? Will there be some beneficial events for $ORK holders in Usemate?
Some projects manage to take the attention of investor by their cute or funny mascots. As I see in your website, UseMate mascot is also very much unique looking and I would like to know the story behind the creation of this mascot. How did you decide on it? How do you think this will effect the xistings and also future investors of Usemate?
As I see in the Medium article of UseMate, you gave an example about buying $BNB on PancakeSwap and on Binance Exchange which shows there is some unbeneficial deals on PancakeSwap when you compare it with Binance Exchange. PancakeSwap is decentralized but Binance Exchange is centralized. I would like to ask, while providing this better deal to your users, will UseMate give up some of its decentralization?
One of the best features that MATE trading has is its Limit Order feature. As trading may seem complicated for newbies in the crypto world, how exactly would you introduce this unique feature, Limit Order, to them? What exactly is the process of it that helps us to trade better? How does it affect our trading? And also, are we able to cancel this feature anytime once used on trading?
In this DeFi space, everything can get corrupted by bugs and hackers and security must be highly implemented seriously. It was mentioned in the website that MATE would carry out the most updated security practices to ensure user’s safety and funds. What exactly is the security practices that this is referring to? Can you give us an example on how secured trading will be on MATE? How can we be exactly sure that trading and our invested funds is 100% safe in MATE?
A fully doxxed team helps users to take a step and trust the project with their experiences that helps users to be assured that their funds are handled by expertise. However, as I was digging more into it, I found that the team behind MATE would like to remain anonymous as it is. Can you tell us why the team decided to operate anonymously? Is there any other reason why you’d like to remain hidden? and do you plan to introduce and be fully doxxed as a team in the future?
I understand that MATE is a DEX that allows you to place limit orders on any BSC tokens without the risk of losing unpredictable slippage and fees from Dexs which made it integrate Yerbie for this purpose. With more legacy protocols like 1inch, Just Liquidity which are much more gas efficient and doesn’t involve fees as opposed to Yerbie which requires fee to be paid to executors, why do we still need to use MATE ecosystem, how does Yerbie add additional value to it and who are the executors you mentioned?. How flexible and secured is MATE, does it require an admin key to run it? Since it choose to be on BSC blockchain, will it also be available on networks like Polygon, Solana, Ethereum?. And apart from BEP-20, what other token standard does it support? Will it also be able to interact with smart contract logic, and be able to execute orders based on oracle data?.
Thank you!!
The most interesting thing about you is your capacity of eliminate the limit orders through your fermentation guarantee, but this is not clear to me, so can you explain us how this innovative technology is able to offer a better solution that the typical limit orders ?
During these days a lot of scam projects have been appeared and it is really hard trust on anyone, so Considering this, why your official team keeps their identities?
The mate is a typical drink that is used to relax, eliminate the stress of the person who is drinking it, so this project will do the same with its investors? Why users should relax with you?
One of the most typical weakness of a token are the non-uses cases, so can you tell us what’s the real usage of your native token?
It is clear that DEX have several problems such as: speed, costs, user experience. What makes MATE a DEX different from what is present in the market? Are you able to overcome any of these drawbacks?
What are the returns that we can expect from your MATE-BNB farms, and what additional benefits can we obtain from the first users to participate?
With so many carpet pulls, safety is paramount, so was your contract audited, or do you at least have an ongoing audit?
They mention that early adopters have great opportunities to generate profits or bonuses, so when do they plan to be available?
Is it possible to explain in simple terms how MATE is able to work with Limit Orders without generating slippage? What mechanism makes this possible?
Mate is an infusion of Latin American origin. What led them to take this name? Is your founding team or your project in any way related to a Latin American country where Mate is very popular?
It caught my attention that your website is powered by Medelin DAO … can you tell us their participation within the building and infrastructure of your platform? Who do you consider your strongest partnership and why?
From what I read your whole platform depends on executor nodes to excute limit orders. So I must ask what’s the guarantee that the orders will be always fulfilled? Is the platform exent from bugs and errors? Who is your team behind the tech part?
Greetings MATE, seeing that some projects are putting order limits, what difference does MATE have in these how many orders can be put in a day? Or the orders can be limited? There is also a limit on the amounts to be exchanged and if there is any expiration for the orders? And what would be the compatible wallet for these operations? Thank you
What date is it stimulated to launch MATE to launch the farm? users have access to MATE before launch and what would be the only way to get it through BNB-ORK LP? To finalize, what would be the response capacity of the executing nodes, how often will they be monitoring the contract? and when the order is executed by the node.
Hello MATE, I saw that the image on the page is an animated mate, does the mate project have any connection with Argentina or Uruguay? How will MATE allow you to maximize your trading returns through limit orders? and ensure business execution without risking user assets? We know that projects always prioritize safety, tell us how would safety be at these points of the question?
MATE is a DEX that allows you to place limit orders on any BSC tokens without risking frontrunning by bots or losing unpredictable slippage. So how can you give a 100% guaranteed execution?
Based on my understandings, #MATE is a DEX that enables traders to maximize their trade returns through limit orders that guarantee trade execution without risking their assets via unpredictable slippage. So as a beginner, can you explain further how will #MATE solves the problem of unpredictable slippage, how will you help users control their trades, with no slippage and no uncertainty of the price of the market? How does it guarantee 0 slippage and execution? Also how old is your DEX and do you also planning to solve some of the biggest problems on DEX’s?
Team is one of the fundamental factors o every project. And team is on of reason that make project trustworthy. But according to your site, The team behind MATE are industrial figureheads who would love to remain anonymous.
The team is anon, so can you tell us what are the purpose of becoming anon team? Do you have any plan to reveal your team in future?
I seen in your site, that Mate has Mascot and called “Yerbie”. I’m just a little bit curious about Yerbie. Can you please tell us more about Yerbie? Why and How is Yerbie created? How Yerbie promote Mate ecosystem in the modern and vast world of crypto?
Mate is a really innovative project, kudos to the team. Navigating through your website, it was said that the team behind MATE are industrial figureheads who would love to remain anonymous, don’t you think the anonymity of the team will hinder investors and the community at large from trusting the project completely? While placing limit order, after setting the desired amount and inputting the amount you wish to swap, metamask will pop up requesting your permission to place an order by paying an order fee, is this fee affordable? If the fee is high, it will surely discourage users and that might affect this project. Does the order fee varies? If yes, what is responsible for the varieties?
From your website, it was said that $MATE is a governance token that allow token holders to influence decisions of the project via proposal creation and it can be earned through farming, is there any other ways to earn $MATE? If a trader wants to buy the $MATE token, how can he do that? What other utility does $MATE have? Can it be used to pay order fee?
The Mate project was created to primarily address the challenge of losing unpredictable slippage on placed limit orders. Mate thrives to go one better than the most popular DEX on BSC (Pancakeswap) by giving investors the best deal for their money. However, with a majority of your liquidity source and executor nodes from popular DeFi AMM sites like Pancakeswap, how does Mate intend to provide best value for it’s users while also trying to improve and better the services provided by the likes of Pancakeswap, how is the fee structure for executors and traders on the Mate DEX, and asides drawing liquidity from Pancakeswap, what other ways will Mate look to increase liquidity?
You supposed to be stay with anonymity but it is not good for MATE platform since this leads to create a issue about transparency of your platform. So what is the point of being still anonymous? Why can’t you reveal your identities in front of MATE community? Lot of platforms which were rug-pulled lastly are also team with anonymity. Is anonymity a sign that your platform will be getting rugged in future or will you reveal yourselves soon?
Nowadays main problems of DEX exchanges are lack of scalability, cyber security issues & rapid price volatility due to whale actions but tradings is extremely profitable for traders as Huge usability are actively emrge within DEXs. How about the MATE Dex in this matter? Which development tools do you integrate to overcome those mentioned above issues? And also Within MATE DEX, you promised traders to maximise their trade dividends & eliminate risky of their assets via unpredictable slippage. What kind of unique & innovative methods will you use to mitigate Price volatility and lack of inherent value during trading? Will there be anti whale system to avoid the manipulation the value of currencies within MATE Dex ecosystem? Can users involve in MATE DEX without any doubt or fear?
As I understood, executor nodes are taking action on limit order if the specified conditions are met after placing user’s limit order & expiration time. So Do you have OCO (One Cancel Other) trading tool so that user can trigger the trading without any hesitation, addition to limit orders such as Binance exchange? What are the other adaptabilities & tool enhancement, your Dex owns rather than other Dexs in crypto space to provide higher user experience for traders?
Just like any other DEX or CEX in crytocurency, potential investors and traders would want to familiarise themselves with structure, security, profitability and short and long term project plans. Been that Mate has got no official roadmap of events and project development, it might be difficult to ascertain what your long term goals are. Therefore, can you kindly provide useful information on possible project developments in the coming days and months, would the Mate DEX be totally limited to providing services only to BSC tokens, would there be plans to go multi-chain in the future, and would Mate introduce other exclusive services as an added feature within the platform?
MATE is a DEX that enables traders to maximize their trade returns through limit orders that guarantee trade execution without risking their assets via unpredictable slippage. Could you tell us about all the features and tools that MATE provides to its users? Which ones do you consider the most important and meaningful for your entire platform and community? And what benefits does MATE offer to each user?
This project exists for the sake of traders where every limit order always executes flawlessly. It is well clear that unlimited risk can occur in a situation where there is potential for unlimited losses on a trade. How do you want to rest assured that traders are saved because cryptocurrency trading is also subjected to volatility of cryptocurrencies and trade is not guaranteed to be executed if the stock/commodity does not reach the stop price? If this project go well as expected where millions of users are, How effective is Executor nodes will constantly watch for any events of the smart contract?
On your website, there is a navigation tool to visit your app, and there are even guidelines on your FAQ section on how to connect your wallet and trade on Mate. But after a curious trial, I discovered that I couldn’t connect to your app and was only limited to your Web environment. However, there is a subtle mention of V1 Mate on your website and blog; does it mean that Mate V1 project is still under development, when should we expect full integration of the Mate trading app, what devices and networks would your app be compatible with, and would there be a Beta Testing phase for Interested community members?
In the process of placing a Limit Order on MATE, user can set the desired amounts and input the amount wish to swap. And it is very important not to forget to specify the expiration time and check the Rate against the token you picked. (E.g: 1 BNB $300). On MATE platform, are you going to provide a place where we can easily track desired cryptocurrency or user will have to visit like Tradingview.com before doing so? Futhermore, we are told Metamask will pop up and request user permission to place an order by paying an order fee, I want to know if you have plan to attract more traders by lessening your fees because most plaform charges alot, will you consider affordable fees?
I read that MATE has the executors who will pick up your pending order, execute the buy order. I wondered, and who are these the executors? They are somehow appointed, selected, who can become an executor on MATE, what are their responsibilities and are they rewarded for their work?
Hello Mate;my question is simple.
1st – limit order od DEX, especially on BSc how can be guaranteed on execution?
2nd – what is predictable and un-predictable slippage? Plus how can one determine predictable slipagge, and avoid slipagge while performing a limit order on dex’s?
Thanks
Studying information about your project, I was interested in the name MATE. Mate, a Paraguayan drink, is a drink made from dried and crushed leaves of Paraguayan holly. It is widely used in the countries of South America: Argentina, Paraguay, Uruguay and in the southern regions of Brazil. How did you come up with this name, what was the idea and what meaning does it have? Is there a relationship with the countries in which this drink is consumed?
We know that staking and farming are both Blockchain concepts that reward highly and encourage investors to hold tokens for a long time. Could you tell us why you choose to Orakuku as your staking platform? What’s your staking model, requirements and what pairs will be choosen at the initial launch? How do you wish to implement the yield/ staking strategies in your platform and ensure the effect of impermanent loss wouldn’t be much on liquidity providers? Can you share some liquidity reward programs. Also why did you choose to use APR metrics when APY is better as it takes account the effect of compounding which is beneficial to the users. How many APR can MATE generate and for how long?
How big is your team and why did you choose to stay Anonymous and for how long?.Don’t you think it will cause more harm than good? As community members would like to know about the founders of the projects they are investing in. How qualified are your team members to overcome the challenges they may be faced with so as to ensure this project succeeds?
Before investing in a project they always tell, DYOR (Do Your Own Research), and part of that research includes learning about the project’s team, the content of the whitepaper, ecosystem and strategic partners, audit reports, and so on. Now, could you please provide details of the above-mentioned? Ensure the community that MATE is deserving of a place in our portfolio.
You mentioned that MATE DEX will make use of Mascot Yerbie, an energetic cup filled with good vibes and green freshness to ensure the bullish green candle across the seasons. That this Yerbie will help rescue traders from unpredictable slippage and fees from DEXs.
My question is, what algorithms are you going to use to make this function very effectively for traders who will choose to use your DEX? Also, how did you come up with this idea of DEX trading with limit orders? This seemscto be my first time of reading about a DEX coming up with limit orders. I can’t wait to see it function as promised
According to your medium article, $MATE DEX will allow users to place limit orders not on Centralized Exchange but on Decentralized Exchange since your exchange is already a Decentralized one. So my question is, since this seems to be a new innovation in the market of traders and exchanges, do you think $MATE DEX can beat the competition with with Pancake Swap or even become like it in the future, Since Pancake Swap is now the top leading DEX, trading around $400m to 500m per day?
And if that is your goal, what strategies are you putting in place to beat this competition? I will appreciate your answer on this question. Thank you
You spoke about Staking for ORK(Oracle Protocol) ecosystem using trading pairs such as ORK-BNB or MATE-BNB in your medium article. So I want to ask, does this means there will be no presale of the $MATE Token, and the ONLY way to get the $MATE token is through staking ORK-BNB or MATE-BNB LP? If yes, how does one get your ORK token now since we are new to your community and project? Because I can see this seems to be a bonus for all ORK token holders
I see that Mate is being powered by Orakuru, so can you describe your partnership with Orakuru? What is the main focus and main contribution of Orakuru to Mate Network? Why do you choose to be powered by Orakuru? What advantages, benefits and expectations you are looking forward from them as a share for the development of your platform? How does Orakuru brings a greater impacts to your network and to your community as a whole? Thank you
How did you came up with this adorable design\project concept? How do Mate team plan to implement Limit Orders system and moreover protect the users from potential hack attacks? What will be the APY\APR rates with the ORK\BNB pool?
CEX has a deposit and the money is operated within the exchange. On DEX, I need to confirm the order and pay a commission on the value of the gas at the time of the transaction. How will this work on your DEX? Will I have to send you the full value in front of time to the Mate DEX wallet? Otherwise, how will the instant purchase happen when the right price comes in? Even if I get the wallet notification and make the confirmation, minutes will pass and the price will change and I won’t be able to buy at the right price.
Well for the most of the part we see trading on Dex’s compare to CEX’s is still a. Challenges when it comes to levrage/slipagge, how you guys looking forward to solve this?
What are the feature of Staking and Farming which is introduced on MATE and what are the different coin pairs at initial launch ?
There are many DEX which has limit order How MATE is different from them ?
What is the working of MATE platform by which it guarantee that user Set and forget limit orders ?
I tried going through your medium article but could NOT get an answer to this; may I ask what the meaning of $MATE means, and why you chose this name?
I’m very curious about this name..!
What other networks are planned for Mate v2?
When is Mate v2 planned to get released ?
How are the fees planned in Mate ?
Mate sounds great however, I would like to know from you what would be the fate of the trader after he had placed an order and pays fixed fee for having placed an order but before the limit order time, he cancells such order, will the fixed fee already charged on such cancelled order be reversed to the traders account?