We are pleased to announce our next AMA on September 20th 2021 at 03:00 PM UTC Time: Satoshi Club x Polydefi
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Polydefi Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Polydefi Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Polydefi
For more details:
Polydefi Website – polydefi.io
Polydefi Telegram – @Polydefi_community
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Your Tiered Launched PolyDefi has a total of 4 tiers, each one with it’s own tier size. Could you please explain to us what it simply mean by tier size? What amount of LP Token would will each tier need to qualify?
PolyDefi Octogon whitelist presale has been taken on September the 3rd, 2021 with the initial price of 0.01 USD per token. Please share how did it pass, had it overcome your expectations in regards of the amount raised and what are the next plans for public sale?
The problem for some of the launchpads and crypto fund-raising platforms is that, they give their 100% support and full interest on the projects they feature ONLY at the beginning and only during the pre-sales and promotions, after that, when the said projects go live, the sales are done and the commissions are handed, these launchpads would not even bother contacting and reaching the projects and eventually leaving them behind. For PolyDefi, how different are you from the described launchpads above? Will you still support the projects that went to your platform even after the sales and promotions? What can you offer to these projects aside from fund-raising?
As it says on your documents, “The ultimate goal for POLYDeFi is to become an all-in-one DeFi platform where its investors would never have to leave the platform for anything they desire”. Does this mean that aside from your main product, the IFO, will you create and deploy more DeFi infrastructures and utilization in the coming days/years? What other DeFi features will we be seeing on your platform? Does this include DEXs, borrowing and lending, and swaps?
I’ve learned that PolyDefi has a continuous and weekly contests and games for its community which can reward them free tokens and airdrops. Can you tell us more about this promotion? How can we participate and what will be the games? Also, these said contests will be advertised by YouTube and/or Twitter influencers. How are your advertisers/influencer? Are they known crypto/blockchain personnel in the blockchain/crypto industry on social media?
POLYDeFi is a transparent next generation tiered IFO launchpad running on the Polygon chain. Really interesting since the growth of Polygon has been wonderful. I read that the platform has its own token, called OCTAGON. Do we need to be OCTAGON holders to be able to participate in the IFOs? Do we need to stake our OCTAGON tokens too? What benefits do holders receive in terms of IFOs that are carried out on the POLYDeFi platform?
I read that there is no longer a chance to sign up for the POLYDeFi whitelist. What other options do we have to participate in the OCTAGON presale? Is it a requirement to be registered in the whitelist to be able to buy our OCTAGON tokens? What are the differences between being registered in the whitelist and not being registered? Will those who are registered receive greater benefits? Will they be able to purchase more tokens or purchase first than the unregistered ones?
POLYDeFi is a project that seeks to decentralize the way new projects coming to the Polygon network raise funds. Based on this, what are the novel fundraising strategies that your project has brought to the Polygon ecosystem? In terms of working with this network, why have you chosen Polygon to do so? In the future, will you adapt your fundraising models to BSC, ETHEREUM, POLKADOT or others?
I read that $OCTAGON token holders will be able to participate in IFOs in the most secure way on the Polygon network. Besides this advantage, what are the other benefits that $OCTAGON holders will get for being POLYDeFi holders? They offer security, but such holders will also have VIP and exclusive access to all IFOs that take place within POLYDeFi? What can you tell us about this? Thank you!
Hi POLYDeFi team. You mentioned that you feel strongly that the right partnerships are critical to the long-term success of the protocol. You shared with us that you are fortunate to have a set of world-class investors who are aligned with your vision. How is the process of choosing new partners? How do you determine if a partnership is really beneficial for the protocol or not? For what reasons would you reject a partnership? Thanks!
The maximum supply of PolyDeFi is 30,000,000 $OCTAGON before launching your IFO platform.And your Locked liquidity is 16,67% which is 5,000,000 tokens.My question,How long will the Liquidity be locked?How will $OCTAGON Tokens be redistributed to investors?What are the benefits of locking enough token and during the days tokens are locked will users also receive any rewards?
POLYDeFi will work with tiered launchpad pools. These Tiered launchpads has a total of 4 tiers, each with its own tier size.Tier 1- Bronze,Tier 2-Silver,Tier 3 – Gold ,Tier 4 – Platinum.What is the important feature of your Tiered IFO Launchpad?Do each tier have same requirements?Can you tell us the amount of LP tokens needed to qualify for each tier?What are the weight of each tier and if a user advance in the tiers will the number of $OCTAGON token the user purchases increase?
One of $OCTAGON features and utilities is Access to the POLYDeFi casino.Can you tell us more about this since there is no details of it on your whitepaper?Are you planning to build your own Casino Gaming platform or will you partner with some casinos establishment?What are the main advantage that $OCTAGON gives to online casinos?Do you have any online $OCTAGON casinos?
In your whitepaper I read, “lock LP token” button will give us the chance to enter either one of our 4 Launchpad tiers.Each tier requires different amount of LP tokens to be locked.This whole tier vesting period is for how many days? What yield can I expect upon such lock-in? How much interest rate can I earn?
I want to ask you one question about security of polydefi, is smart contract being audited or it is still in process?
I found out that the ultimate goal of POLYDeFi is to become an all-in-one DeFi platform where its investors would never have to leave the platform for anything they desire. To become an all-in-one Defi platform,what are the services and products that your platform plan to provide for your users and investors? What features you are planning to develop and add in PolyDefi to let your investors never leave the platform for anything they desire? To achieve as an all-in-one Defi platform,do you have any third-party partnership to help you achieve your ultimate goal? Do you have any timeline or timeframe in achieving this ultimate goal for PolyDefi? Thank you
If I understand correctly, holders of $OCTAGON, which is the native POLYDeFi token, can stake USDC and receive an allocation of the IFO, so could you tell us if it is mandatory to stake funds in order to participate in each IFO? How much can increase the allocation received from the sales when the investors increase their pool size?
Many times we see that users are late to fundraising for a project because they do not belong to the launchpad contributors, can you tell us if the benefits you offer apply only to early investors? Will you give an opportunity to new investors who decide to apply for an IFO to become a member and stake their tokens with anticipation?
✨In order to grow meeting demands and upscale ones business one needs to form healthy partnerships.Have you considered other Yield Farms and DeFi projects to partner with in near future ? What points you consider before partnering with anyone?
On your Roadmap for the first quarter of 2022,you plan to launch your own DEX and you also plan to build your own casino. So,can you tell us what will be the best features you will deploy in your decentralized exchange? Can you give us an advance overview of your decentralized exchange?As we know that there are already many DEX in the market,how would PolyDefi DEX will follow the trend to compete with some popular decentralized exchange in the market? As you plan to build your own casino,can you share to us it’s great feature as an online casino?How would your platform integrate Casino to your launchpad and DEX features with in PolyDefi network? What kind of Casino game you plan to launch and how would you implement it in your platform?As you integrate Casino,do you also plan to get some licenses to operate legally with your casino games? Thank you
The PolydeDeFi token is called the OCTAGON $ token which will offer many public services over time. Could you tell us a little bit about these utilities of this token? What are the high and low rates that are handled on this token?
PolydeDeFi partnered with Polygon because it has the fastest and cheapest decentralized transactions, as well as can build and connect Ethereum compatible blockchain networks. I wonder if this platform apart from its OCTAGON $ token, will only focus on the Ethereum cryptocurrency? Would PolydeDeFi have to be taxed for these fast and cheap transactions?
You mentioned that not just any project will be eligible for a launch at POLYDeFi. I read that POLYDeFi will only launch serious projects who have their main platform as good as ready. What other requirements must a project meet to be eligible to be launched at POLYDeFi? Can you share with us examples of exclusion criteria? How can a starting project earn your trust?
I see that POLYDeFi will implement two native farms that will have different characteristics rewarding distribution and utilities, could you explain how will this model work and how do you attempt to mantain a balance to make your platform self-sustainable?
On your website it says that POLYDeFi has a high focus on smart contracts security, could you tell us what partnerships or allies do you have to help the new Polygon-based projects to increase the security of their code? Have POLYDeFi itself been audited before?
I read that there are several members of the POLYDeFi team who are Spanish. That got my attention. Is there a community in Spanish? Do you have educational resources about POLYDeFi in Spanish? Are you also focused on the Hispanic community?
You mentioned that when the team values the project its ideas as interesting, you will set up a telegram group chat with the POLYDeFi team, the starting project team and 1 community member from POLYDeFi. What will be the role of the community member in that chat? For what reasons did you decide to include a member of the community? How will the selection process for that member be? Will it be totally random?
POLYDeFi strives to decentralize the way in which new projects coming to the Polygon network raise funds.wjat about the Polygon current design attempts against Decentralization, and how is POLYDeFi solving that problem?
The POLYDeFi tiered IFO platform will help new cryptocurrency projects with raising funds to kickstart their projects, how will be these fund raising events, and how can projects apply to be part of them? Can anyone be part of POLYDeFi and use its raising funds?
Discussing what makes you different, you have indicated that DeFi projects will be able to raise funds cheap and fast with POLYDefi. Can you please explain how do you achieve these two features? Cheapness and fastness are the common targets that every project tries to achieve. What makes you a cheap solution? How do you offer fast results? What type of drawbacks did you find in similar platforms? How did POLYDefi overcome them? Further, to submit a project to POLYDefi, is it a must to hold $OCTAGON?
According to your roadmap, there are many attractive milestones sheduled for upcoming years. Launching an own NFT marketplace and a NFT collection, building an own DEX, and launching an own casino are the main targets. These are the products that need effort to build up. How is your current progress related to these milestones? Have you drafted any plans about the NFT marketplace, DEX and the casino? Please explain how can we make use of these options to generate profits and rewards.
62% from the total supply of $OCTAGON has been allocated for the initial circulating supply. Breakdown of this portion is 23% for liquidity, 5% for whitelist and 34% for private sale. Can everyone participate in your private sale? If yes, please explain the procedure. If no, what is the option for the community to buy $OCTAGON? Don’t you conduct a public sale? If no, what is the reason behind that decision? Conversely, will the token be listed on a CEX or a DEX bypassing the public sale?
I recently read about a Defi project based on Polygon that was the victim of hackers who managed to violate Polygon’s security protocols leaving the project quite high losses and a large number of users financially adrift, how can we trust this project with features The same will not happen to me, how often their smart contracts will be audited, because they have chosen IFO as a mechanism for fundraising, in addition to economy and speed, investors need SECURITY they have planned to incorporate another chain of blocks that allows them to reinforce this priority aspect for all participants in this great project?
How long should investors wait to start having monetary results from their investment, how PoyDefi differs from other launchpads and which is the greatest strength against the competition and which weaknesses that should be addressed as a priority, do you consider that your project can help Polygon to renew and strengthen to become a chain with more strength, presence and scope in DeFi and the crypto culture?
In an effort to increase awareness and grow the adoption of it’s services, POLYDeFi will be keen to focus squarely on marketing. You will work closely with DeFi YouTubers, rollout Telegram ads and online Web marketing, engage with twitter influencers, organise contests and giveaways. Without a doubt these plans are great but at the same time, they are demanding. Therefore, can you talk on them, how will POLYDeFi effectively implement these plans, how will you on-board these social media influencers, and how will you raise funds to cover these plans as stated? Also, talking community contest, games and monthly twitter giveaways, how will these events be organised?
Covid-19 at a social level has been relentless, economically and financially contradictory, I buried many productive sectors while others were promoted to development and success, which has been its impact on PolyDefi, in addition to $ Octagon they plan to create other tokens with new uses and functionalities that expand your agricultural yield system, what are the achievements that your great team plans to achieve in the near future and what goals have you projected in the long term?
Going through your document, I observed that POLYDeFi will make strategic steps to it’s project development, which will start off with your DeFi product launches and building of your own launchpad. Can you extensively talk on these plans, especially as it concerns your launchpad, what kind of projects will you look to work with and offer your launchpad services to, and when can we expect full implementations of these services? Also, there are plans by POLYDeFi to build an NFT marketplace and launch it’s first NFT collection. Can you kindly provide details on this?
As I understood, POLYDeFi platform serves as a IFO (Initial Fund Offering) Launchpad on Polygon Chain. Why did you focused only on Polygon network besides other potential networks such as binance, Cardano etc..? What kind of functionality tools & strategies, Will you deploy within POLYDeFi ecosystem that facilitates the investors & new projects? What is the procedure of submitting a new project in to the POLYDeFi Launchpad? Will you provide incubation services also through this IFO Launchpad? And also you mentioned that the $OCTAGON holders will be able to participate in IFOs easily which will be launched on POLYDeFi platform. Is it true? So will holding of $OCTAGON tokens be a extra qualification to participate on IFOs within POLYDeFi ecosystem?
In Q4-2021, you hope to release the full form of POLYDeFi Launchpad. I am curious to know, Why did you push the release of your Launchpad to back end while you have involved in lot of events in Q3-2021? Before you go to the mainnet live, Will you have beta version on your Launchpad? Along with this event, Do you plan any marketing events such as giveaways & Contest etc..? Plaese share with us some details on upcoming POLYDeFi Launchpad?
While the maximum supply of $OCTAGON token is 30 million, you have allocated 10%- team tokens, 20%- marketing wallet, 8%- Main platform Phase & 62%- initial Circulation supply. Can you tell me, are you going to sell the 62% of circulation supply through presale & public sales? Won’t you lock some tokens for liquidity purposes? One thing I noticed, You didn’t consider the inflation of $OCTAGON tokens. Why didn’t you focus on Buy back system or Burning events? Without being a deflationary features, Will it lead to high proce volatility?
POLYDeFi هو مشروع يسعى إلى تحقيق اللامركزية في الطريقة التي تجمع بها المشاريع الجديدة القادمة إلى شبكة Polygon الأموال. بناءً على ذلك ، ما هي الإستراتيجيات الجديدة لجمع التبرعات التي جلبها مشروعك إلى نظام Polygon البيئي؟ فيما يتعلق بالعمل مع هذه الشبكة ، لماذا اخترت Polygon للقيام بذلك؟ في المستقبل ، هل ستقوم بتكييف نماذج جمع التبرعات الخاصة بك مع BSC أو EtherEUM أو POLKADOT أو غيرها؟
PolyDeFi will launch own their NFT marketplace & Own their NFTs collection in Q4-2021. I am a NFT lover & I want to know more things about your NFT Collection & Marketplace. What type of NFTs will you provide to me? Will the NFTs be celebrities phase with lot of usecases? How much will be the cost of them? Can you tell me the names of artists that you intend to hire to create NFTs?
When I read the utilities of OCTAGON token, it has reported about Manual burn mechanism on special events & when needed in PolyDeFi Whitepaper. Could you elaborate more informative facts on Manual burnings mechanism? When will be a special event appears in PolyDeFi project So that to be happend a manual burn? How much amount of tokens do you intend roughly to convey towards the manual burns in future? What will you do if the PolyDeFi community disagree on Manual burns?
OCTAGON token utilitize as the access to PolyDeFi Casino events. Are you up to gambling events in addition to the launchpad? What are the causes to integrate such a gambling feature in to a launchpad project like you? How will the implementation of Casino game take place in future? How much amount of OCTAGON tokens, Should players need to play the Casino game?
Could you please provide necessary details on this Casino game?
I read that you chose to remain anonymous for 2 reasons:
1.for your own security, you don’t want people showing up at your doors or getting messages on your private socials
2.for it has no benefit to the community to know who exactly is on the team. But it seems to me that knowing the team and developers, there will be more trust in the project from the community. So, what can you tell us about the team to gain our trust and yet, are you planning to become a public team and what can serve it?
Polydefi will only exist in the polygon chain or later you plan to use more, why choose the polygon chain? Do you have any system to support investors who have little investment resources but who are interested in what they offer? How can investors have access to buy $ OCTAGON and what is the benefit? What is an IFO launch pad? Can you give us more details about these Polydefi functions?
Hi Polydefi, what is the security and responsiveness offered by Polydefi? What kind of codes and proxy will they use for smart contracts, what security system do they use? How safe will our funds be on your platform? you can give us more details and explain about these functions in Polydefi
PolyDefi Octagon whitelist presale has been taken on September the 3rd, 2021 with the initial price of 0.01 USD per token. Please share how did it pass, had it overcome your expectations in regards of the amount raised and what are the next plans for public sale?