Month: August 2021

We are pleased to announce our next AMA on August 11th 2021 at 01:00 PM UTC Time: Satoshi Club x BtcProxy

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join BtcProxy 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. BtcProxy Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about BtcProxy

For more details:
BtcProxy Website – btcpx.io
BtcProxy Telegram – @BTC_Proxy
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on August 6th, 2021 at 02:00 PM UTC Time: Satoshi Club Spanish x GyroDAO

⚠️Click to see the hour
⚠️Total Reward pool: $100

⚠️Requirements:
👉 Join Satoshi Club Spanish Telegram group
👉 Join GyroDAO Telegram group

We will have the following structure:

Part 1: 50$ /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 50$/5 users – Open chat for 120 seconds. You can post Max 3 questions. GyroDAO Team will select 3 questions and answer them.

For more details:
GyroDAO – @GyroDAO
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on August 31st 2021 at 01:00 PM UTC Time: Satoshi Club x Melos.Studio

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Melos.Studio 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. Melos.Studio Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Melos.Studio

For more details:
Melos.Studio Website – melos.studio
Melos.Studio Telegram – @melosstudiodao
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on August 7th 2021 at 03:00 PM UTC Time: Satoshi Club x Monsters Clan

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Monsters Clan 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. Monsters Clan Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Monsters Clan

For more details:
Monsters Clan Website – monstersclan.com
Monsters Clan Telegram – @MONSofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

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

We are pleased to announce our next AMA on August 6th 2021 at 01:00 PM UTC Time: Satoshi Club x Rocket Launchpad

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Rocket Launchpad 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. Rocket Launchpad Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Rocket Launchpad

For more details:
Rocket Launchpad Website – rocketlaunchpad.io
Rocket Launchpad Telegram – @rocketlaunchpd
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on August 3rd 2021 at 05:00 PM UTC Time: Satoshi Club x BNBBACK

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join BNBBACK 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. BNBBACK Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about BNBBACK

For more details:
BNBBACK Website – bnback.online
BNBBACK Telegram – @BNBackToken
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Flurry and our guests were @Mike_Ting, and @lawrencewong – representatives of Flurry. The AMA took place on 2nd of August.

The total reward pool was 500$ and has been split into 3 parts.

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Website

Mary | Satoshi Club:
Hello Satoshi Club! We are happy to announce our AMA session with Flurry! Welcome to Satoshi Club😀

D. | Satoshi Club:
Today our guests – @Mike_Ting and @lawrencewong !

Hey guys, glad to have you here !

Mike (Will never PM first):
Hello Everyone!

Thanks for having us

Mary | Satoshi Club:
Welcome here 👍

Lawrence (Won’t DM First):
Hi everyone! Thanks for having us!

Mary | Satoshi Club:
Nice stickers 👍

Haha, excited to be here. happy to share more about Flurry.

Mary | Satoshi Club:
We are happy to see you here today guys! And… Let’s go and start our AMA 🚀🚀🚀

Mike (Will never PM first):
Sure. Looking forward to it.

Mary | Satoshi Club:
Could you please introduce yourself and tell us more about Flurry?😀

Mike (Will never PM first):
Sure. Let me start first.

My name is Mike Ting. I am CEO of the project. I came from the traditional banking world. Spent most of my career in trading stock and derivatives in the Hong Kong, Korea and Singapore market. Worked at banks such as JP Morgran and Societe Generale

Mary | Satoshi Club:
Wow, familiar names😃 how did you get involved in crypto?

Mike (Will never PM first):
Around 3 years ago, I entered the crypto space around 3 years ago because i was impressed with blockchain technology. and in summer 2020, DeFi was really hot and I started to feel Defi started to bring a lot of application scenario to Blockchain

Mary | Satoshi Club:
Oh, i see😀

Mike (Will never PM first):
I believe there is a lot of opportunities that we can recreate traditional financial products in a decentralized way using blockchain. that is why started to look into DeFi.

and it was when we start Flurry.

Mary | Satoshi Club:
Awesome background!

Lawrence (Won’t DM First):
Hi guys, my name is Lawrence Wong and I am the co-founder and CTO of Flurry. I have a mixture of tech and trading experience in developing trading systems, pricing and trading fixed income and equity derivatives from various positions held in trading finance institutions such as Barclays Capital, KBC Financial Products and Daiwa Capital Markets.

I also founded my own trading company, doing low latency trading in equity derivatives.

I was first exposed to crypto and blockchain in 2017. Didn’t take part in the 2017 BTC rally but I saw the potential in blockchain and I knew it was going to be a game-changer.

In 2018, I started exploring the crypto and blockchain space in 2019 and I joined FinFabrik, a startup based in Hong Kong to develop a digital assets platform on Corda, a private blockchain. I wanted to understand first-hand the challenges to digitise off-chain assets and also explore whether a public chain or a private chain is more suited for tokenising real-life assets. This is going to be a big deal as the trend is already showing more assets will be digitized and exchanged online.

The explosion of DeFi is really encouraging and opening a lot of opportunities. The success of DeFi shows that gradually, each function in traditional finance is being reinvented in the crypto space.

With our tech and trading background, we are in a good position to do something innovative and help contribute to the growth of DeFi and overall in this emerging crypto industry!

Mike (Will never PM first):
Flurry is about enhancing the usability of DeFi and making the yield generation process as simple and convenient as possible so that everyone can participate!

Mary | Satoshi Club:
Definitely yes👍

Mike (Will never PM first):
That is a brief description of Flurry and the team. Thanks.

Mary | Satoshi Club:
How big is your team?😀

Mike (Will never PM first):
We are a team of over 10 people and we are expanding.

Mary | Satoshi Club:
Nice number!👍

Thank you for your detailed intro, guys!

And we choose 6 questions for the first part of our AMA 😀 are you ready to start with them?

Q1 from Telegram User @h1drX
The competition that exists today in the yield farming ecosystem is very broad. There are many projects like yours that offer investors to generate magnificent returns, such as Matic, PolyDex, VerperApp, etc, and all the platforms claim that they are the best. Can you explain to us what features the Flurry platform has to make a difference? Why is Flurry the best of the yield farming platforms in terms of long-term sustainability, profitability, safety and operability?

Mike (Will never PM first):
Sure. There are two main features that differentiate us from others. First, it is our unique way of distributing interest. In other yield aggregators, interest is usually paid through the deposit token value

since the deposit token value changes with the accrued interest, the deposit token is thus not usable and users have to redeem, which incurs cost and the experience is not good. however in Flurry, we are paying interest through a rebasing mechanism. we pay users through increasing the supply of deposit tokens (we call them rhoTokens in Flurry). in this way, we keep rhoTokens pegged 1:1 to the underlying stablecoin and our rhoTokens thus are stable and can act as a medium of exchange.

In other words, users can spend the deposit token directly while earning interest. As a result, there is no more lock up!

Lawrence (Won’t DM First):
The other unique feature of flurry is that we are a cross chain solution. Flurry is the first protocol that offers yield farming cross chain. For example, holders of our stablecoin rhoUSDT, can hold his coin on Ethereum, while earning DeFi interest from Binance Smart Chain, MATIC or SOLANA

Flurry takes care of managing user deposited stablecoins as one global pool of funds across different chains.

Mary | Satoshi Club:
Interesting system! Are you first who is implementing such kind of system or it was already used by another project?

Mike (Will never PM first):
Yes, we are the first to wrap around single stablecoin.

D. | Satoshi Club:
I think o3swap offering something like this already, did you heard about this project?

Mike (Will never PM first):
Yes. but they are cross chain swap.

we actually are talking to them to work together and transfer funds cross-chain using their cross-chain swap function.

announcement will be made soon. please follow us on Telegram to stay tuned

D. | Satoshi Club:
It would be nice collaboration 😊

Lawrence (Won’t DM First):
Yes, they are cross-chain token swapping, whereas Flurry is a yield aggregator and gives you the best return in terms of best lending return.

Mary | Satoshi Club:
Nice news, guys!😀 It’s really something new in yield farming

Hope we will be able to try all your features very soon! @Cool_as_Ice a big lover of farming🤣

Ready for the next question?🚀

Lawrence (Won’t DM First):
Sure

Q2 from Telegram User @kimzyemma
It was stated in flurry litepaper that FLURRY Token (FLURRY) is the governance token of the FLURRY Protocol and FLURRY will begin with centralized control of the protocol. For how long will flurry be controlled in a centralize form? What problem will this act solve in the crypto market? How do you want to prove transparency during centralized control, What will happen to the holders during the migration to a complete community and stakeholder control (decentralized control)? During which control do we have the right to Vote on adding/ removing yield farming strategies?

Mike (Will never PM first):
I think our plan is to migrate to DAO in 18 months. After that, flurry tokens owners will vote on the addition/removal of yield products and also the management fee level and exit fee.

Lawrence (Won’t DM First):
Flurry is a decentralized open source protocol. Anyone can see how our smart contracts are implemented on-chain, so our logic and completely transparent.

We are building the DAO logic, which will eventually allows FLURRY holders to vote on important parameters of the Flurry protocols such as Fees, which DeFi protocol to integrate next, and how the logic can be improved.

Mary | Satoshi Club:
Which rights you will leave for yourself?😀 I mean after that 18 months period?😀

Lawrence (Won’t DM First):
But first, we need to implement all the functionalities first! And we will be doing that in an incremental fashion.

Mike (Will never PM first):
There will be no rights left for ourselves after we migrate to DAO.

totally decentralized from that point onwards.

Mary | Satoshi Club:
Real DAO😀

Lawrence (Won’t DM First):
Our smart contracts are upgradeable. During this period, the team has the ability to upgrade the smart contracts to roll over more functionalities and features

We currently integrate to 5 DeFi protocols, some on Ethereum and some on BSC.

But we aim to support a big list of protocols (in order to give our users the best return!).

Mary | Satoshi Club:
What will happen next? Contracts will not be upgradeable? Or you mean all upgrades will happen only after DAO decision?

Lawrence (Won’t DM First):
Also we still building out the cross chain capability, so at this current stage we need the admin control to upgrade our contracts.

Yes once all the functionalities are stabilized we shall be renouncing our control. I imagine that would be within the next 18 months.

Mary | Satoshi Club:
Gotcha!😀

Do you want to add something or we can go to the next question?😀

Mike (Will never PM first):
We are done. thanks.

D. | Satoshi Club:
Appreciate for the great answers! let’s go to the next question!

Q3 from Telegram User @orlemys
You’ve announced in your roadmap, that you would be launching ‘Integration with more yield strategies’ in Q4 of this year. So would you explain what are the current yield strategies in your platform, and what are some of the ones you plan to include later? When will users be able to use Flurry yield farm at its full potential? When would be the right time to invest? And do you reward, or did you reward, early investors in your platform?

Mike (Will never PM first):
In the beginning, we will have Aave, Compound on the Ethereum chain and Cream on the Binance Smart Chain. We are also looking to implement Aave on the Matic network and be the first cross chain yield aggregator between Matic and Ethereum.

We have plans to add Venus on BSC as our next product to add.

On the yield farming side, to encourage users to adopt rhoTokens, Flurry will distribute extra rewards in Flurry tokens for rhoTokens owners. rhoTokens owners can then stake the Flurry tokens to earn extra Flurry tokens (we call it “SnowBall”).

Mary | Satoshi Club:
How this yield farming will happen, can you explain in details?😀 did you already prepared some guidance for your users?

Mike (Will never PM first):
We also have uniswap LP staking reward for users who provide liquidity on uniswap.

Sure. For the rhoToken staking rewards, user basically has to do nothing.

As long as they hold rhoToken, they will earn the flurry token in reward.

Mary | Satoshi Club:
Simply hold, right?

Mike (Will never PM first):
Yes.

Lawrence (Won’t DM First):
What mike mentioned is the first kind of staking. Yes simply hold rhoToken and you will be reward FLURRY tokens

Mary | Satoshi Club:
Ohhh, i like it!

Lawrence (Won’t DM First):
The 2nd kind of staking is FLURRY token staking. In order to encourage users HODLing FLURRY, if you stake your FLURRY tokens to our smart contracts, we will reward you with more FLURRY!

A fixed amount of FLURRY is given out per block, and FLURRY stakers will be rewarded according to the portion of their stake to the total staked amount.

Mary | Satoshi Club:
Rewards everywhere 🙂

Lawrence (Won’t DM First):
The 3rd kind of Staking rewards is LP Token staking.

D. | Satoshi Club:
People who will join your project earlier will get more chances for more rewards in Flurry token?

Lawrence (Won’t DM First):
We encourage users to engage our ecosystem, if you supply liquidity to an AMM pool like uniswap, on a trading pair that involves either the FLURRY token or one of our rhoTokens.

e.g. FLURRY/USDT, FLURRY/USDC, rhoUSDT/USDT, ….etc

Mary | Satoshi Club:
Nice! I see you prepared a lot of incentives for your users👍

Lawrence (Won’t DM First):
As long as any of our tokens are involved. If you take that LP Token and stake it in our smart contracts, we will reward your participation, again with more FLURRY!

as for the question on when we will reach our full potential…. currently we are only integrated to a few protocols.

but we will be adding more protocols, not just on ethereum but on other chains. We anticipate more DeFi pools will pop up on newer and faster chains

D. | Satoshi Club:
By the way, do you take any fees from users for aggregation of all those protocol on Ethereum and BSC?

Lawrence (Won’t DM First):
Then we will be able to achieve our full potential, as we always give the users the best return across the whole DeFi market!

Mike (Will never PM first):
We take fees. but we pool assets together and do it in one transaction.

that result in average lower fees for our users.

Mary | Satoshi Club:
Which fee do you charge? Can you tell us?

D. | Satoshi Club:
That’s nice👍

Mike (Will never PM first):
We are initially charging 10% on the yield Flurry generate for our users

Mary | Satoshi Club:
Got it👍

Thank you, guys! Very detailed explanation! Ready to jump to the next question?🙂

Mike (Will never PM first):
Yes.

Q4 from Telegram User @Highpee
Flurry is currently undergoing audit scrutiny by Certik but you decided to release your testnet. I discovered that you launch test on both Ropsten and Kovan. Ropsten uses Proof-of-Work (Ethash) mechanism which better reproduces the current Ethereum production environment, however, Kovan is based of Proof-of-Authority and doesn’t fully represent the full production environment of Ethereum. Hence, I wish to ask, why are you launching dual MVP tests simultaneously? How is the flow of work different on both testnet network? Which of them will provide a closer clue as to how Flurry will behave when you release it on MainNet? How do we get testnet tokens and what product features will be available for user to test? Lastly, will there be benefits for early testers?

Lawrence (Won’t DM First):
The difference in consensus mechanism is not the reason we have duo MVP testing on 2 testnets.

The main reason for multiple testnets is due to the fact that we are integrating with different DeFi protocols.

On testnet each of this protocol deploys their own stablecoin, e.g. USDT. The USDT used by Compound on Ropsten is NOT the same coin as the USDT used by Aave on Ropsten. Hence we are not able to fully replicate the scenario where one underlying stablecoin is supported by both protocols.

Because of this, on Ropsten we only use our strategies with Compound, and on Kovan we only use Aave V1 and Aave V2 strategies for testing. This is a side effect of how the testnet for other protocols are set up.

The result of this is that users would not be able to test how the algorithm switch funds between 2 defi protocols. To do that we have created our own testnet – the flurry testnet, which is initialized by forking from the mainnet. That deployment would be the closest simulation to production and we will be opening this testnet to designated testers.

Still, on public testnets, (i.e. Kovan and Ropsten), user can easily get some test stablecoins (USDT, USDC) and try mint rhoTokens (rhoUSDT, rhoUSDC). They can play around with our interface to see how the money is managed by the Vault smart contract. They can also see our rhoToken balance grow automatically everytime the rhoToken is rebased (currently set to every 5 mins for testing purposes on Kovan).

In regards to benefits / rewards for earlier testers, yes we will be announcing a reward programme on one of the testnets. Please stay tuned for announcements on our official channels!

Mary | Satoshi Club:
So, everyone can test your platform now🙂 can you give us a link to it? And also, can you tell us where we can get test coins to try it?

Lawrence (Won’t DM First):
Sure our testnet is on https://testapp.flurry.finance/

On there we also provide a link for users to easily get test stablecoins. We have also written a walkthrough article on Medium, explaining step by step instructions on how to test the flurry protocol!

https://medium.com/flurry-finance/flurry-testnet-launch-walkthrough-454d7bc40eb

Mary | Satoshi Club:
That’s a great incentive to try🤣 right, Satoshiclubbers?

Thank you for sharing!

Now we are ready to test! Btw, how long do you plan to stay in testing stage?

Mike (Will never PM first):
We are having our smart contract audited now. Mainnet launch should be ready after the audit is completed. Should be around end of Aug

D. | Satoshi Club:
In curious if some of the protocols which you aggregate got hacked, and hacker stole some USDT from one of those protocols since USDT is underlaying asset for rhoUSDT, will this hack affect value of rhoUSDT? and this asset will be not tradable?

Mary | Satoshi Club:
So, not so long to wait👏

Mike (Will never PM first):
unfortunately, this will affect us, just like any other products that use that particular protocol. However, this is the only risk that Flurry is exposed, whereas other yield aggregators are exposed to more than this risk, like their peg maybe broken as in other algorithmic stablecoin, the peg is not 100% backed by the underlying stablecoin, like Flurry. So in this sense, Flurry is exposed to less risk than other yield aggregators

D. | Satoshi Club:
Got it! big thank you for the answer! 👍

Mary | Satoshi Club:
Honest answer! Hope nothing like this will happen

Thank you, guys! Ready to proceed?🙂

Mike (Will never PM first):
👌

Q5 from Telegram user @Visher_keen
Your projects focused mainly on yield farming when you deposit stablecoins to mint rhoTokens backed by the stablecoin.Yield farming is not restricted to stablecoins only. I want to know if your project is involved only in stablecoins or later there will be supports for other tokens like BNB.? Checking through the test app, i saw a farm pool for Flurry-USDC. For pairs like this, it is possible for impermanence loss to set in, is there any risk management effort from flurry?

Lawrence (Won’t DM First):
Yes. First of all, we use stable coins because we want the value of the rhoToken to only increase, and NOT decrease.

This enables use cases such as using rhoToken on a limit order in a centralized exchange.

imagine if have a limit order on Binance to buy BTC at a certain price. The exchange has to put aside certain rhoTokens to guarantee the settlement of the limit order, should it get filled.

this would not be possible if the thoToken’s value can decrease.

on engaging in only stablecoins, we are able to guarantee that rhoToken value is always AT LEAST worth 1 or more than 1 underlying stablecoin.

Mike (Will never PM first):
Flurry is rewarding users who provide liquidity but not the one to provide liquidity in an AMM pool. So rhoToken owners will not be exposed to the impermanent loss.

Mary | Satoshi Club:
Which volatility do you expect for thoToken ? Will it be more like stablecoin with minimum volatility?

D. | Satoshi Club:
Very good to hear this 👍 for many IL is an issue.

Mike (Will never PM first):
Yes, rhoTokens are stablecoin pegged 1:1 to the underlying stable. so there will be minimum volatility with respect to the underlying stablecoin.

Mary | Satoshi Club:
It’s a pleasure to have such asset in portfolio 🙂

Ready for the 6th and last question from this part?😃

Mike (Will never PM first):
Sure.

Q6 from Telegram user @ambbobb
You publicly announced that you don’t offer first come first serve in your upcoming public sale, while you are still awaiting security audit from CertiK, How do you plan to handle spammers during public sale? How do you want to orientate new crypto investors about your public sale? You only have plan for public sale, what have you noticed about private sale for not having plan ahead for it?

Mike (Will never PM first):
I am quite sure about what the question is asking. But to avoid spammers, we make regular announcment on our Twitter and TG channel when we found any scam.

We have both private and public round. btw, we have not made any announcement about first come first serve. so be aware of that.

we will make announcement regarding public sale soon. Please follow us on Twitter (https://twitter.com/FlurryFi) and join our announcement channel (https://t.me/FlurryFinance_News) on Telegram to stay tuned.

Mary | Satoshi Club:
Ok, guys! I hope we will see that announcement soon😉

Part 2 — live questions from the Telegram community

Q1 from Telegram user @jocelyn_franky
Can you let us know about the token buy back models?

Lawrence (Won’t DM First):
Yes, we charge 10% on interest earned from DeFi protocols. Out of the fees collected we will be using part of the profit to buy back FLURRY from the market and redistribute to Flurry stakers. This not only further rewards FLURRY holders, but also support the market price of FLURRY.

Q2 from Telegram user @Gutike95
I understand that in Q3 they will launch the rhoUSDT, rhoUSDC and rhoBUSD rhoTokens, but will this really be the only rho stablecoin tokens they will develop? Or in the long term do you plan to include all the stablecoins on the market?

Mike (Will never PM first):
absolutely not. we will add more stablecoin to our list as long as the stablecoin is safe, liquid and popular. This is the beauty of Flurry. We can wrap around any emerging stablecoin to grant them the interest generation capability.

Q3 from Telegram user @KASG95
One of the characteristics that most caught my attention about Flurry Finance is that its returns will have lower risks, but with low risks, won’t the rewards be equally low? If so, will it really be attractive to everyone, or only to those with large amounts of capital?

Mike (Will never PM first):
I think the size does not really matter. it is more the risk profile of the stablecoin owners. We understood that currently, Defi is used by mainly traders (or we call them degens) who are chasing the best yield through leverage and other riskier strategies. however, there is a big group of stableowners who are not as tech savvy and who are interested in stable income with lower risks. This is the group Flurry is targetting and we want to help all these non tech savvy people because we believe DeFi should be for everyone!

Q4 from Telegram user @jonathan_tross
What are chainlink keepers and why it is used to trigger rebasing function?

Lawrence (Won’t DM First):
Smart contracts on program on the blockchain. On its own they cannot modify the state of the blockchain. They require an external party to trigger an execution by submitting a transaction. However our solution is decentralized, so we do not want to rely on any centralized party to trigger our smart contracts. The rebasing mechanism in our smart contract needs to be called via a daily on-chain transaction in order to execute. This function is operated on Chainlink Keepers in order to decentralize and automate the process which is reliable.

The Chainlink Keeper service is a new service recently launched on Chainlink and they provide a decentralized solution to trigger smart contract execution. We have partnered with them and will be using this feature to fully decentralize our solution! Their network of nodes are reliable enough to keep prices ticking, even durable the last 2 down swing of BTC. So we have the confidence that they will be the most reliable decentralized infrastructure we can utilize!

Q5 from Telegram user @Wong2008
Can you tell us how we can get access to the FLURRY testnet?

Lawrence (Won’t DM First):
Yes visit https://testapp.flurry.finance/

and also read our walkthrough article on medium!
https://medium.com/flurry-finance/flurry-testnet-launch-walkthrough-454d7bc40eb

Q6 from Telegram user @Lena_V10
How does #FLURRY will make the whole process of yield generations easy for beginners ? Or #FLURRY is applicable knoy for professional crypto users?

Lawrence (Won’t DM First):
Just BUY and HODL rhoTokens from uniswap! then earn interest automatically in your wallet! Can it be any simplier???

Q7 from Telegram user @Annodam1_0
What is the most ambitious objective you have for your project? What is your project’s long-term goal in the bitcoin market? If there are any impending updates, I’d appreciate it if you could let us know.

Mike (Will never PM first):
There are 3 main long-term goals in Flurry. First, as we said, we want to bring in non Defi users to the Defi space. We want to bring in more TVL to the DeFi ecosystem such that the whole Defi space benefits from having Flurry. Second, we want to bring rhoTokens to mass adoption. We believe the old way of minting, redeeming to earn interest is inconvenient and costly. If rhoTokens is mass adopted, then users do not have to redeem anymore but can trade and settle directly in rhoTokens. In this way, users stablecoin are never idle and earn interest for their owners all the time. We think this is a much more cost efficient and convenient world for stablecoin owners. And finally, we wanna achieve cross chain such that users do not have think about what chain they wanna be in. they can earn interest on different chains automatically and continuously.

Q8 from Telegram user @Tanas0707
Revenue is an important aspect for all projects to survive and maintain the project/company. What is your plan and way to generate profit/revenue from tokens? In this regard, please explain your income model?

Mike (Will never PM first):
Flurry will charge initially 10% on the yield generated for our users. Part of this income will be used to buy back Flurry tokens in the market and put them back in the staking pool to reward Flurry owners who stake. In this way, the buyback is providing support to the price. the distributed part is encouraging people to stake and not sell the flurry tokens.

Q9 from Telegram user @orlemys
You’ve your native token rho, is a cross-chain token with all the goods of a stablecoin. I’m curious to know how users are able to generate income from investing and hodling rho long-term? Since it is pegged by various stablecoins, will the price still go up? Or will it basically act as another stablecoin? Also, you’ve announced the launch of rhoUSDT, rhoUSDC and rhoBUSD. In case the price is able to go up, would the different tokens have different prices? How does it work?

Lawrence (Won’t DM First):
No, the value of a rhoToken does not change at all. Its always backed by 1 underlying stablecoin. e.g. 1 rhoUSDT is backed by exactly 1 USDT always! when you earn interest, you will just get MORE rhoUSDT! . At any moment, you can take your redeem rhoUSDT by burning rhoUSDT and get back the underlying USDT. No conversion price is involved!

Q10 from Telegram user @cung54
While you build your project, do you take into account community feedbacks and demands?While you build your project, do you take into account community feedbacks and demands?While you build your project, do you take into account community feedbacks and demands?While you build your project, do you take into account community feedbacks and demands?

Mike (Will never PM first):
Yes, we do take into account of community feedbacks and demands. that is why we will have different campaigns for users to try out our product and give us any comments or suggestions. We appreciate users feedback a lot and please feel free to let us know your thoughts. that is how we can keep improving and achieving our goal. That is to make DeFi user friendly so that everyone can participate.

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Flurry. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru
Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners
Flurry Telegram community: https://t.me/FlurryFinance_Official
Twitter: https://twitter.com/FlurryFi
Website: https://flurry.finance/

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from PeachFolio and our guests were @dave_peachfolio and @m_r_h19. The AMA took place on 1 August.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram community

Mary | Satoshi Club: Hello  Satoshi Club! We are happy to announce our AMA session with PeachFolio!  Welcome to Satoshi Club😀

Gold Rocket | Satoshi Club: Hello again, dear Satoshi Club community!

Today our guests are @dave_peachfolio and @m_r_h19

H: Hello everyone and thanks for having us

Gold Rocket | Satoshi Club: Thanks for joining guys!

H: We are very excited to do this AMAs with the Satoshi club community, and get you guys to know our project better

Gold Rocket | Satoshi Club: How are you doing 😊

Mary | Satoshi Club: Welcome to Satoshi Club 👏

H: @PeachfolioPM will be joining us as well today

Mary | Satoshi Club: Added😃

H: Thank you

Mary | Satoshi Club: @PeachfolioPM we are happy to see you here today 😊

Peachfolio.CryptoApe: Hi everyone, don’t worry i won’t take it personally 😁

Gold Rocket | Satoshi Club: Nice to meet you guys 😊

Let’s start!

Introduce yourself please. How did you get to be involved in crypto & PeachFolio?

Tell us please also about your position in PeachFolio🍑

Peachfolio.CryptoApe: Perfect, so i’m the peachfolio project manager, that reflects my background having had a career managing projects within the financial services sector working on Digital products.

As a wider team we come from quite a wide variety of disciplines from development, marketing, change management, graphic designers and web development.

Mary | Satoshi Club: How many team members PeachFolio has?😃

Peachfolio.CryptoApe: As a team we’ve all been in crypto since around 2017 some of us earlier i believe. When we started to get into DeFi we noticed how hard it is to monitor your tokens, track your gains, check buy in price etc.

There’s 9 in the core team so quite a few of us

So we realised that between us we had the experience to create our own app. We put our heads together and came up with peachfolio as an App that would deliver the features we wanted

Gold Rocket | Satoshi Club: What is the essence, main idea of  PeachFolio?

Mary | Satoshi Club: That’s right, we need as much comfortable trackers as possible, so everyone can find the better for himself😊

Peachfolio.CryptoApe: Straight to the point question i like it. So peachfolio app (which is available now on Android and IOS stores) is a DeFi wallet tracker fundamentally. Our core aim is usability and delivering real world use cases so traders don’t have to make sacrifices

Mary | Satoshi Club: Sounds promising 👍

Gold Rocket | Satoshi Club: you aimed at a serious crypto segment .. nevertheless, it is in great demand

Peachfolio.CryptoApe: Usability is a big bug of mine and unfortunately so many on the market don’t allow a seamless service to it’s users. For instance one of the problems we’ve solved is managing low MCAP coins, many others require you to manually add these but peachfolio app will add these automatically

Gold Rocket | Satoshi Club: 👍 This is what I have always lacked in trackers. 😁

Real Juicy PeachFolio😁

Peachfolio.CryptoApe: I may have to use that one 😁

Mary | Satoshi Club: Yes, trackers usually are a bit useless with low mcaps

Gold Rocket | Satoshi Club: What plans do you have for the future? And what can we expect from PeachFolio?

Mary | Satoshi Club: Hope with PeachFolio situation will change!

Also, i have one more question about PeachFolio team 😉 is your team public or anonymous?

Peachfolio.CryptoApe: So we’ve got quite a detailed roadmap out there, not sure many projects have gone to the same level so we do like the pressure. However, we’ve delivered ahead of time on all our deliverables to dates both with our beta, android release and IOS release.

In terms of medium and long term plans

We’ve just dropped our latest update which added in logos, watchlist function, realised and unrealsied gains at the token level for every token you hold. All much requested

Gold Rocket | Satoshi Club: I already dream of downloading this to my phone😁

Peachfolio.CryptoApe: We do have an announcement we’ll be making towards the end of the AMA as it’s a big delivery on our path to being in every DeFi traders phone

Gold Rocket | Satoshi Club: Great 👌

Mary | Satoshi Club: We will wait for it🎉🎉🎉

Gold Rocket | Satoshi Club: Thanks for great introduction, we will have a questions selected for the Part 1. Ready to start?

Peachfolio.CryptoApe: Our next deliveries include Profit and loss calculations across your wallet and then the one i’m really dying for as a DeFi trader, customisable price alerts straight to your phone

Sure let’s go for it

Mary | Satoshi Club: I like profit calculations 🤣 but losses make me sad

Gold Rocket | Satoshi Club: Feel free to add important remarks. we need to get to know you very well😁

Q1 from Telegram User @captainprice111

What is your favorite feature of Peachfolio that distinguishes it from other projects? What wound will Peachfolio heal the Defi traders in the market? What benefits will you bring to your community in Defi and how will your community grow?

Peachfolio.CryptoApe: Good questions

My favourite feature as i discussed above is the fact that the App picks everything up automatically so there’s no more struggling with each new trade. Custom price notifications is definitely my most desired delivery as having that real time data straight to your phone is a killer for anyone who trades infrequently or frequently.

The most useful for today’s market however is probably going to be tracking passive income, we get a lot of requests from our community on this so it’s good we’ll delivering it in the not too distant future.

H: How many of you guys had to enter the address of the token you just bought, its decimals, symbol, name ?

I’m sure you all did

Well, go download the app from the playstore or the app store, buy a newly listed token

Gold Rocket | Satoshi Club: oh we know this pain😂

H: and track it directly on the app, without having to do anything

Mary | Satoshi Club: Which Defi platforms we will be available to track?

H: I can also cite another struggle in DeFi

See those transaction tax, slippage on Pancake swap, Pancakeswap’s fees ?

And those quadrillion supplies that make the prices extremely difficult to read ?

Gold Rocket | Satoshi Club: And this is very familiar to us 🙈

Mary | Satoshi Club: Ohhhh🤣🤣🤣

H: Well, with the app, you do not have to have a scientific calculator with you to know the price you bought at

The app does that for you

I’ll let you guys discover that by yourselves 🙂

Mary | Satoshi Club: As i know Zerion app support something like this

On Ethereum

H: Why should Ethereum get all the great functionalities 😛

Mary | Satoshi Club: Ahaha, right

I am missing this features on BSC😉

Thank you for your answers, guys! Ready to go to the next question?😉

H: Yes please.

Gold Rocket | Satoshi Club: Thanks for your answers😊

Q2 from Telegram User @orlemys

Since cryptocurrencies are extremely volatile, I’d like to know how fast your platform is with updates? Are they instantaneous? What are your sources? Do you have multiple or just a main one? What is the backup plan in case one of them is down, in that case? Also, do you have locking periods, and are they customizable?

Peachfolio.CryptoApe: It can be volatile yes, we have certain dependencies but our performance right now is near real time following chain validation. We’re already working on implementing our own node and our own data source which solves many of the issues posed by this question.

Mary | Satoshi Club: Did you already test your platform? How fast is it now?

Peachfolio.CryptoApe: We have a better way of implementing enquiry than most so you don’t have those long delays, the app will load your tokens in seconds.  Of course the best way is to go test it yourselves. We have a very active support community for requests with our own telegram channel so we’re always happy to discuss these questions

Mary | Satoshi Club: Awesome! 👍 Hope soon you will also have a lot of positive feedbacks about profits earned with your tracker help😊

Thank you for your answers! Ready to go to the next question?🚀

Peachfolio.CryptoApe: We’ve already had multiple cases of people finding new money they had lost or forgotten about so there’s a result 😁

Gold Rocket | Satoshi Club: https://t.me/peachfolio join Satoshi Clubbers     😊

this is a very nice bonus 😁

Peachfolio.CryptoApe: Yes please, next question since we’re on a roll

Gold Rocket | Satoshi Club: Oops

Q3 from Telegram User @JaviSuBs™

We know that the demand for apps is higher these days, Peachfolio, are you planning to go beyond the app and create a desktop version? For users who do not have access to a mobile phone or who find it easier to mobilize a desktop app on a PC or some web version of Peachfolio with PC users in mind? Thank you

Peachfolio.CryptoApe: No problem i’ll add that yes we have the data from a few minutes and that’s maximum on top of our own node as mentioned above we’re introducing real time live charting in the future so that’s only going to get better

This is a nice lead in question as we certainly are, we’ve listed to our early beta testers and we’ll be introducing an equivalent browser service in the not too distant future. We’ve even thought about a smart watch function but we’ll see where the demand on that one falls

Gold Rocket | Satoshi Club:O! it is very interesting👍

Modern man is surrounded by gadgets. And the more trackers the better😁🍑

Thanks for your answer

Mary | Satoshi Club: Could you explain how smart watch function could work? In plans, of course

H: Well, as you know, the screen realestate of a smart watch is limited

So as you can imagine, we won’t show chart on the smartwatch

But, what smartwatches are good for is notifications

Mary | Satoshi Club: Yes🤣 but i think it’s comfortable to see important signals on your hand😉

H: So with prices alerts dropping this month,it makes sense that we would at least see if our users wants smartwatch notifications for prices

Exactly, “Hey, your peachfolio token’s price did a +150% in the last 24h”

Mary | Satoshi Club: We can go training and stay updated in the same time, for example 😉

H: That could fit on a smartwatch’s screen easily 🙂

Mary | Satoshi Club: Paradise 🤣

Gold Rocket | Satoshi Club: sorry guys, I could not resist a little and downloaded your app😍

I really like your design😁

Peachfolio.CryptoApe: I’m a change manager at heart so as you imagine we have lots of things on our product backlog that we run past the community to balance real world use cases. The community have given us lots back too

People do seem to love the design, you can also change the theme for now between dark and light mode but we’ll have more coming soon.

Mary | Satoshi Club: Wait, i am downloading now🤣 feedback soon)

Thank you for your answers, guys!

Gold Rocket | Satoshi Club: how many languages   is supports PeachFolio

Peachfolio.CryptoApe: Yeah go ahead, you’re also welcome in our support channel with any feedback 😀

So at the moment we’re supporting just the one, English. However we’re already underway in our localisation to introduce a number of languages in our next update.

Q4 from Telegram user @andrey_seleznov Hi Peachfolio!

I see that you promise to launch the free Peachfolio app which will let users access a range of great features that make DeFi life easier. Users You will be able to track DeFi tokens from multiple wallets and see token values and percentage changes; see the day’s biggest DeFi Gainers and Losers; set price alerts and get detailed Profit & Loss reports. What I want to ask about is the pro version of the app, what additional exclusive features are you planning to save for the Pro users? What will be the incentive to upgrade from free to Pro version?

Thank you!

Gold Rocket | Satoshi Club; it will be great

Peachfolio.CryptoApe: Good question. So yeah we wanted to get the App in people’s hands and let it spread by word of mouth before we started to lock down the Pro functionalities. We’ll be going a tiered approach and we’ll be setting out those tiers and then the prices in the next weeks.

Price notifications we think we’ll be the big draw but as the question highlights Profit and Loss, being able to vote on the delivery direction of the App as well as tax calculations are all going to be key in moving users from free to Pro.

Mary | Satoshi Club: So, even tax calculation?

Gold Rocket | Satoshi Club: Will the free version also work over time?

Mary | Satoshi Club: For which countries?😀 As i know taxes are different in every country

Peachfolio.CryptoApe: Our plan is to always have the core free version yes, we want this to be an App universally used . We recognise there’s plenty of different types of traders so we’ll be aiming to cater to those as well those who see the added value in additional features.

Gold Rocket | Satoshi Club: Got it 👍

Peachfolio.CryptoApe: Yeah this is always the issue and one i know well. There’s some common calculations but we’ll be looking at our user base and the complexity to decide which are delivered first and then build it up from there.

Mary | Satoshi Club: Gotcha! This would be great 👍

Gold Rocket | Satoshi Club: Mary you know how to surprise 😁

Peachfolio.CryptoApe: If only eh, so that leads me into another feature quite nicely. We’re all familiar with dusting and scam tokens so in our last update you now have the ability to hide and report such tokens and then they’ll be removed from everyone following a review.

Mary | Satoshi Club: Oh,my millions🤣🤣🤣

H: What my colleague is talking about here, is tokens like MNEB, I’m pretty sure the majority here saw that token in their wallets

These are scam tokens, that gets airdropped to your wallets

The goal is that you interect with them in the case of MNEB, or that you go to their website in the case of OVR

These are scams

Where the app helps here, is that you can : 1) hide those tokens, so that they do not mess up your total balance

Mary | Satoshi Club: Yes, i know and i think our next question will perfectly complement our discussion 😉

H: @madamlobster I invite you to do that right now if you want, you can swipe on a token and click on the eye

and it will disappear

The other feature we integrated in our app, is that you can report these tokens so they get removed for the whole community

in a way, we are protecting each other

Q5 from Telegram user   @yellowchamp

One of the feature that still in progress in Peachfolio app is the Rug Checker Functionality. So,can you give us a brief information about how this functionality works in your app? What is the use of Rug Checker Functionality and how it is being implemented and applied in Peachfolio app? How does your app tracks some rugs tokens or coins being listed in your app and if it is checked that it is rug,can it be removed to our own app account? Does your app notify users for any rug checked being tracked or being detected in your app? Thank you

Mary | Satoshi Club: Awesome! I can tell that i definitely will use your app!😍

H: and we just removed the FLUX token for everyone of our users, live.

If you relaunch the app, you should not see it anymore 🙂

Mary | Satoshi Club: Thank you! Great job👍👍👍

H: We are ready to proceed with the next question

Mary | Satoshi Club: And here we go🚀

Peachfolio.CryptoApe: So on question 5 we’re going through that analysis currently. It will work based on a set of rules that inspect the fundamentals of the token and contact and give a recommendation back to the user searching it. That’s a very interesting final couple of questions, we haven’t determined yet if we will automatically block those as the scores could vary but it’s certainly something we’ll consider. Feedback like this is great

H: On the reasons why we are taking our times: there are basic pointers to why you shouldn’t invest in a token

unlocked liquidity

wallets holding big % of tokens

Mary | Satoshi Club: As i see you can find fast and simple solutions 😉

H: Tokens that burn big percentages even before launch to hide how much the team holds and so on

These are basic pointers, and soon, will be shown directly on the details of every token screen.

Mary | Satoshi Club: Yes, red marks

H: Then you have more advanced analysis, and that’s what we are focused on at the moment. We want to offer more than what you can already find on BSCScan

Mary | Satoshi Club: You’re scam killers🤣

H: We are certainly trying 🙂

Mary | Satoshi Club: I can only apploud you, really perfect job👏

H: Thank you

Peachfolio.CryptoApe: That would be nice, we all share that hatred of scams. Ultimately we want to give the tools to educate the users so these scams have less success

Gold Rocket | Satoshi Club: i like your approach👏👏👏

Thanks for your answers 😃

Mary | Satoshi Club: I am yours, guys🤣

Q6 from Telegram user @Asela1112

According to your whitepaper tokenomics, $PCHF tokens were allocated as 29%- presale, 50%-public sale, 13%- Marketing & 8%- Team. But there are no allocation for Partnerships, burning purposes, airdrop & giveaways on $PCHF tokenomics. So why didn’t you focus on these preliminary purposes? On which Concept did you make this $PCHF allocation? And also you incur 8% transaction tax on every transaction meanwhile it deployed as 4%- redistribution to holders, 2%- operational costs & app development, 2%- liquidity. On transactions also you didn’t add deflationary features. So how will you control inflation on $PCHF token & how will you mitigate the price volatility of $PCHF without a proper burning mechanism? You also integrate anti whales measures on your tokenomics with 1% maximum transaction limits. Can you explain it also furtherly?

Peachfolio.CryptoApe: Some of those we allocate under our operational costs but to pick out burning in particular. This is obviously a popular mechanism used by primarily meme coins at the start more  for marketing rather than any other purpose, we didn’t see a need to go that route.

H: the reason for that is clear: when you do not have a product, you need money to market your project

We had a product out before the token. We wanted to avoid using any mechanism that meme tokens and non serious “projects” use

Mary | Satoshi Club: This is honest way to present your token for public 😀

H: Regarding the burning features, we did not go that road, instead, a % of every transaction goes back to liquidity. As it should be.

and one last clarification

Since the token has utility, burning it makes no sense.

Our users are gonna be able to access premium features in the app by holding the token

Gold Rocket | Satoshi Club: great feature👍

Mary | Satoshi Club: How many tokens they have to hold to get premium access?

Btw, guys, what about your smart contracts security? Did you pass audit?

Peachfolio.CryptoApe: We have a plan to release this news in the next couple of weeks. We didn’t want to rush on price before it was needed as getting that model right is a very important decision

We’ve engaged with a number of auditors we’re currently in that process of confirming the vendor and we’ll hit that deliverable soon

Mary | Satoshi Club: A lot of news soon👏

H: Yes, and we have a big one we will share with you guys first in here. at the end of the AMA

Part 2 — live questions from the Telegram community

Q1  from telegram username @CryptoFollower

How can I add my wallet into your application? Do I have to share my 12 words?

H: The app does not require you to share your recovery phrase. The app just needs the address of your wallet. The one you use to see your holdings and transactions on BSCScan. So the app not only allows you to trakc your wallet, but also other wallets. So you can see when a whale bought a token, which one. You can soon receive notifications about when that whale sold their token and so on.

Q2  from telegram username @iam123312

What if any new users try to start trading & wants to try peachfolio platform, Will be be smooth & easy for the newbies?

Peachfolio.CryptoApe: On this one, that’s our aim and it would be lovely to act as a stepping stone for new users. We have lots of help guides on our website created bespoke by our content team to help traders of all experience and these are linked through from the App as well.

Q3 from telegram username @ronaldo_super

I read your project and see it is a DeFi wallet tracker. Which mobile phones do you support? Do you support Android, iPhone and Huawei?

H: To answer this question, today, our app is available on the play store (android phones), app store (Iphones) and we are evaluation making the app available on Harmony OS when the market requires it.

Q4 from telegram username @Ble73

Can you tell us about your current partners, plans for partnerships and what everybody stands to gain from these partnerships?

Peachfolio.CryptoApe: We’ve had a couple of link ins with other projects to date from different areas of DeFi, so we had a dividend token from Dogeback and a NFT project Hoodoi. The aim of these as we move forward is to reach out to other communities to spread the word of our App. We’re also looking at bespoke partnerships where we may add specific functionality to the app for a token of significance.

Q5 from telegram username @Robotliker1

You mentioned you have 9 core team members. Do you have any plan to add more members in the team and will you have any ambassador programme for different countries whereEnglish is not spoken to increase awareness and adoption of your project?

Peachfolio.CryptoApe: We do have a few more also involved in the project and a team of very helpful and insightful moderators. As for reaching out to other communities this is something we’ll be progressing as we move forward with our additional languages as there’s many regions into DeFi which would benefit for our App.

Q6  from telegram username @Einsteinyl

I read that PeachFolio project have create native token name with $PCHF token , my question what is the function from $PCHF Token inside your ecosystem? Are there any reward by hold your token?

H: So the token’s first utility is giving access to pro features. Today, and until we finish integrating all the pro features, you can access them and try them for free. at the moment, the app shows you your buying prices, selling prices, unrealized an realized PnL for each token. In august, prices alerts will be added and voting. As soon as all these features are integrated, they will be locked and offered to PCHF holders only. The free version will still show you your balances chart for you tokens, but price alerts and other pro features will be limited to PCHF holders

Q7  from telegram username @adaatalay

What is the community’s role in PeachFolio? Is there a right to vote in the management and the decisions taken?

Peachfolio.CryptoApe: We really value our communities say in the App so we try to gain insight in terms of feature requests of which we get many, polls in the telegram to gain insight from our user base. We also have a roadmap voting functionality within the App will directly tell us what the community think of a feature so we can be sure we focus our time on the right features.

The above will be one of our Pro features so that our loyal holders get the biggest say in how we move forward.

Q8  from telegram username @cenkkargin0666

What prompted you to start the peachfolio project? What prompted your team to create an app? Can you explain what negativity or evil in the market caused this?

Peachfolio.CryptoApe: We like all of you were just DeFi traders frustrated by other services we gave up on and even at first like many trying to use PCS to track prices. If you see a requirement unsolved as many of us have worked in the area of change and build you naturally want to solve it.

Q9 from telegram username @highpee

You talked about PRICE ALERTS DELIVERED straight to users PHONE. How will this work? Will you be able to deliver instantly, when there is a sudden rise or drop in price of a particular asset? Are you the one who will decide on the ALERT to PUSH to user or can user set alert for the tokens they need price update from?

H: So, regarding prices alerts, we will offer our users as much freedom as possible. So we won’t have (only) limited price alerts such as % or price targets, but we will push the customization way further. We will communicate on this point later this month.

Q10  from telegram username @

Questions deleted from user

Peachfolio.CryptoApe: So on this question. We do have an announcement for our next blockchain

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Chinese Telegram group: https://t.me/satoshi_club_cn/

Indonesian Telegram group: https://t.me/satoshi_club_indonesia/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Telegram: https://t.me/peachfolio      

Twitter: https://www.twitter.com/peachfolio

We are pleased to announce our next AMA on August 10th 2021 at 05:00 PM UTC Time: Satoshi Club x BaconDao

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join BaconDao 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. BaconDao Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about BaconDao

For more details:
BaconDao Website – bacondao.com
BaconDao Telegram – @baconDAO
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish