We are pleased to announce our next AMA on October 18th 2021 at 11:00 AM UTC Time: Satoshi Club x Arkadiko
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Arkadiko Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Arkadiko Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Arkadiko
For more details:
Arkadiko Website – arkadiko.finance
Arkadiko Telegram – @arkadikofin
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Arkadiko Finance was named after the Arkadiko bridge, a Mycenaean bridge near the modern road from Tiryns to Epidauros on the Peloponnese in Greece. Dating to the Greek Bronze Age, it is one of the oldest arch bridges still in existence. It serves to reflect the vision and values at Arkadiko Finance where it seeks to construct the building blocks to power Decentralized Finance (DeFi) that can withstand the test of time. This led arkadikofin to build on Stacks blockchain that is secured by the Bitcoin Network. Was there a deliberate decision to build on Stacks blockchain? I’m aware that the Stacks blockchain has its unique consensus mechanism (Proof-of-Transfer). How does this mechanism work and what differentiates it from other consensus mechanism?
Arkadiko you did said is a decentralized and transparent DAO building in the open. All of its code is licensed with GPLV3. Contributing to the future of finance on stakes and Bitcoin. Please could explain to us what exactly you mean by building in the open? How does it add to the Ecosystem?
The stacks token $STX , is the native assets on the stacks Blockchain and it is used to perform all transactions. All transactions ranging from executive clarity contract to creating digital assets are paid for in STX. Does it mean $STX is the ONLY gas fee needed to perform transactions on the stacks Blockchain ..?? Does this apply to ONLY Arkadiko swap or it applicable to all other exchanges,..??. What other exchanges is the $STX listed aside its Arkadiko swap..?? Thanks
Smart contract Risk
A)Arkadiko uses smart contract written in #CLARITY,so like with any other Defi protocol there are chances of smart contract bugs and exploit.This might result in loss of funds in the worst case to bugs that can easily can easily be fixed in the best case.
B)The ability of the stacks Blockchain to #read Bitcoin #NATIVE STATE,makes it uniquely positioned to host Defi on top of Bitcoin . Furthermore the chain itself is secured by #Bitcoin #HASH POWER ,which is currently the most secured and infallible security mechanism in the world.
Questions: What mechanism is actually responsible for providing security for the Arkadiko . A) It is because it smart contract are written in CLARITY..??
B) Ability of stacks Blockchain to read Bitcoin NATIVE STATE..??
C) Security provided by Bitcoin HASH POWER..??
D) combination A ,B and C
Elaborate more on the Difference, Uses , Limitations,Mode of acquisitions of/between
The $Stacks Token STX and the $DIKO governance token
As per your Whitepaper, for the first 6 weeks, Arkadiko runs a special liquidity mining event to attract liquidity. Please share more information about the event, the requirements to take part in and the rewards that users can get. The first 6 weeks counts as of the IDO date? Thank you!
Talking about the governance token DIKO, it is said that half of the DIKO supply is distributed as ecosystem incentives over the coming five years through liquidity mining programs. Could you specify the exact ditribution plan of these 50% of DIKO supply? Are the additional open sales scheduled throughout the 1 st or the 2nd year? Are there any additional incentives not mentioned in your whitepaper planned for the first five years where the token is planned to be distributed? Thank you!
“Stake your DIKO tokens to get rewarded. You will receive stDIKO that can be used in Governance voting.” Are there other rewards or incentives that users that stake their DIKO token will receive? Does DIKO and stDIKO have equal value? What is the minimum time that users are required to lock their DIKO tokens to get rewarded? Is the quantity of the reward static or it depends on select factors?
Almost all of crypto projects wee see today were built from Solidity alone, however, I’ve found out that Arkadiko Finance was developed and built using the Clarity Programming Language. Why did the team decided to use this language instead of Solidity? Can Clarity compete with Solidity’s transparency towards its codes and ultimately to the smart contract protocols?
The stablecoin yield within Arkadiko’s platform came from the project “Stacks” and its consensus called PoX or “Proof-of-Transfer”. Are you affiliated with Stacks and their management team? Why did you choose to base the yield generation of stablecoins to their consensus? Does Stack has authority and part of Arkodiko’s governance team?
Users who wishes to borrow assets from Arkodiko are required to deposit STX token on the platform’s vault. By this, borrowers can get a loan of USDA equivalent to 25% LTV or Loan-To-Value. Was there a specific reason why your protocols only allow 25% LTV for borrowers? How does maintaining a low LTV helps borrowers and the platform at the same time? Also, will this be the permanent LTV percentage for your borrowing products?
Please tell us about one of your products: self-repaying loan, what is it? Is this a development of the Arkadiko Finance team or a joint product resulting from some kind of partnership? What is its main function and how does it work? Who can benefit from this unique product and what needs to be done?
You say the Bug Bounty Program is a key component of your strategy to maximize security. Are you rewarding your community for reporting bugs in the Arkadiko Finance ecosystem? So, what are the rules of the Arkadiko Bug Bounty Program, what are the classification bugs that need to be reported to the program participants and what rewards can they receive? This program is permanent or is there a time frame, how can you apply for participation in it? Were there any cases of bugs prevention thanks to the program that could harm the Arkadiko Finance ecosystem?
While looking for information about Arkadiko Finance, I found out about Arkadiko investor – Stacks Accelerator, who invested in Arkadiko’s Incubator / Accelerator funding round. Are there other investors in Arkadiko Finance and what are the key points for the development of the community and the Arkadiko ecosystem as a whole do these alliances have?
In your website i see that, there are 2 tokens for ARKADIKO FINANCE namely $DIKO and $stDIKO. Could you please elaborate us the use-cases of those tokens in ARKADIKO’s ecosystem? Will both of your tokens have separate price in the crypto market? Which token of your project will be given more preference by the investors as well as your project team? And, i saw that “all protocol changes will run through a governance vote”. So, can you say us what type of differences can we see in ARIKADIKO’s governance model beside other projects ? Thank you.
In your Whitepaper, you have mentioned about some risks inherent to the Arkadiko protocol such as smart contract risk, liquidation risk and price stability risk. It is true that any platform is not 100% secure. However, what have you already done to minimize those risks? On the other hands, what are your instructions to the users to stay safe when using Arkadiko protocol? Further, you have indicated that risks are not limited to the points you have discussed in the Whitepaper. When choosing a project, investors have to be aware of all the risks associated with it. Therefore, can you briefly explain what type of aspects should we consider in addition to the risks you have explained?
In Arkadiko Finance, how does a loan with self-liquidation work? To be able to make use of a self-liquidation loan, you must have STX tokens? There are many decentralized lending models that have been developed so far, in the case of Arkadiko, what are the main differences between your model and the other existing ones? I am struck by the fact that your loans have “self-liquidation”, can you explain in detail what this means for users and how it will help to improve the experience of decentralized lending within Arkadiko Finance?
I read that All protocol changes will be accomplished by a governance vote. My question is, what will be the voting model you will use to maintain transparency of the results and build trust in your community? What are the aspects of the project that can be changed through this voting process? Some platforms require holders of the native tokens of the project, in the case of Arkadiko, what are the requirements to participate in these voting processes?
About your self-repaying loan system, can you explain how it works? Can any user get such loan? Is there a limit to the amount of loan borrowed by a user? How will the amount eligible for a user to borrow be calculated? What will be used as collateral if any? Will users have to buy, hold or stake their tokens before they can be eligible for the loan? And lastly, in what currency will the loan be given?
Instead of using a fiat-Collateralized stablecoin such as $USDT or $BUSD, why did you introduce $USDA on Arkadiko protocol? Since you do not guarantee a soft peg to 1$, the value of $USDA may fluctuate according to several conditions. Because of this uncertainty, users may feel doubtful about choosing your project. Why did you decide to introduce $USDA to your platform? Does Arkadiko get some benefits by this decision? Further, what type of advantages that users receive from having $USDA instead of popular stablecoins such as $USDT and $BUSD? In the future, will $USDA be listed on exchanges?
Arkadiko is built on Stacks, secured by Bitcoin. Stacks blockchain have properties like Hiro, Stacks Accelerator etc. How does Arkadiko and its users benefit from the Stacks blockchain?
There are plenty of decentralized exchanges in the market. Rather than being one of them, does Arkadiko DEX offer any special features? When creating a DEX is not a new concept, why did you pay attention for it? Did you identify any drawbacks or problems in prevailing decentralized exchanges? Is it convenient to use your DEX for both newbies and experienced traders? As a trader and an investor, I am using a number of DEX in the market. I wonder why should I choose Arkadiko. Can you please justify?
I noticed different token names in Arkadiko finance platform to use your credit or platform. Can you tell us how I can get STX, USDA and DIKO tokens and what it can do for me? Can you explain in simple sentences how we can use a loan from Arkadiko platform for us users? What conditions and conditions do I need to comply with in order to be able to use loans on your platform, excluding collateral? Do you have any credit rating inquiry or research stage? What kind of interest rate will Arkadiko apply in order to earn from the loan? If we then want to close our loan early, what conveniences can Arkadiko provide for us?
You mentioned that there will be no monthly payments after using the loan from Arkadiko platform. How can the repayment of the loan payment be realized without a monthly payment, are you planning to give money free of charge or as a donation? After the loan is extended, we do not pay a certain amount to us and keep it in a pool as a guarantee, and then make the monthly payments from there? are you planning? Will you set a fixed interest rate, will it be a variable rate according to the market and current BTC price? What kind of income will Arkadiko platform generate from these loans?
What or what will Arkadiko Finans accept as collateral from users before the loan is extended? Are there any house, car, land or NFTs in the range of collaterals it will accept? What will be accepted are the prices for the collaterals, how will you determine the currencies of the countries, but there is a long-term basis? When the loan is extended, will this change be reflected to people when the price of the asset shown as collateral increases or decreases? For a collateral asset with increased value, the total amount that the user must pay or a discount from any payment, etc. Are you planning to do it?
To mint UDSA (which is Arkadiko Stablecoin), a user needs to over-collaterised the action by depositing more assets in the ratio 3:1. This means if a user want to mint $100 worth of USDA, he needs to deposit an asset worth $300. In addition to this, your liquidation vault range is set at 150%. Can you highlight the procedure to mint/redeem USDA in Arkadiko? Why is this over-collaterization allowance needed and how do you arrive at your debt to vault liquidation ratio which appears high? What range of assets do you accept for collateral? If a user wants to redeem asset deposited, can these over-collaterised deposits be redeemed fully as when they were deposited?
Arkadiko is described as a protocol where users can borrow loans that repay themselves while at the same time earning yield on their collateral. Can you explain how you enable users to borrow against themselves and how this self repaying loan concept is implemented in Arkadiko? How does the Proof of Transfer mechanism create an inherent ability for your stablecoin to generate yield and how does it enable you to give additional returns up to 7-8% on users collateral used in lending?
Arkadiko Finance, where they seek to build the building blocks to power decentralized finance (DeFi) that can stand the test of time. This led them to build on top of the Stacks blockchain that is protected by the Bitcoin network. What is the Stacks blockchain? How does this blockchain work? What advantages and benefits does Stacks offer? How is it different from other blockchains?
I see Arkadiko Finance as an agora (Greek word meaning “a public open meeting space”) for DeFi users, people from all over the world would gather at Arkadiko to participate in various DeFi activities. What are the various DeFi activities that can be developed on the Arkadiko platform? Are there minimum requirements to participate in any activity?
Overcollateralisation is commonly used in various lending protocols and stablecoin issuers to ensure that the DeFi ecosystem remains strong in times of large drawdowns and high volatility. As DeFi matures, new collateral mechanisms can be introduced into the ecosystem to enable more efficient capital management. What are the innovative guarantee mechanisms that Arkadiko has introduced to its ecosystem? What benefits do these mechanisms offer?
A unique advantage Arkadiko Finance inherits by relying on the Stacks blockchain is the native yield (~ 10%) that STX tokens generate on each block of 2,100 Bitcoin. Can you explain how this native performance achieved by Arkadiko works? Who are the real beneficiaries of this native performance? What benefits are achieved with this performance?
One of the innovation you plan to introduce into Arkadiko is stable swap and the possibility to make payment using USDA through wallet integration or a credit card launch. Can you explain your plans further in this direction? Does it means you will soon release a credit card option which will allow Arkadiko users to pay for goods or services directly using USDA? And for the stable swap, can you explain how you will make it possible for users to swap the stablecoins that they mint directly on your protocol with other standard stablecoin such as USDC or USDT which have a different collaterization mechanism?
You mentioned in your FAQ session that users can collateralize their STX token to obtain USDA loans. What is the ratio of collateralized STX to borrowed USDA?
You also mentioned that the STX tokens generate a15% APR yield, which pays back the USDA loan automatically over time. What happens to the STX token after loan is paid? Can it be withrawn, re-staked or is it gone with the repaid USDA?
How can we guarantee STX tokens and what are the benefits that holders receive when minting the USDA stablecoin, where we can exchange Arkadiko tokens, the swap platforms are more and more, which according to their personal criteria and experience in cryotographic activities is the safer for your investors?
How can we check the stability and financial solvency of your currency, can your open codes be applied in other projects not directly linked to Arkadiko, how many tokens have been created for by the Arkadiko team and what are the use cases and differences between them?
Arkadiko came into DeFi limelight on 11th of May and your testnet was launched in June. Ever since the completion of this testnet, nothing much have been heard in terms of the stage of project development, immediate or future development attempts, as it appears the project is developing at a slow pace. Can you share your testnet results with us and the direction your project is presently focused? When do you think it will be safe for you to release MainNet in order for users to start interacting with your project? Also, will you be launching with a token sale of your governance token, $DIKO and are there sale event planned for users to join?
One of the features of the Arkadiko Protocol is to provide a lending platform that provides liquidity for all DeFi built on top of Stacks and Bitcoin. My question is What types of lending strategies would be used? Can users select which strategies/protocols they’re exposed to? Are there any historical data around performances of the various vaults? What are expected returns of each vaults and what will be Arkadiko protocol’s fee? Thanks
Do you consider that the future of finance will focus on Stacks and Bitcoin, they plan to incorporate other stablecoins, what factors can affect the stability of USDA, what is the level of security that the Bitcoin hashpower can provide, what are the objectives and goals most ambitious that Arkadiko have raised when creating a Stacks DeFi ecosystem?
Arkadiko Protocol is a crypto-collateralised decentralised stablecoin and lending platform that provides liquidity for all DeFi built on top of Stacks and Bitcoin. Since many DeFi protocol are prone to smart contract bugs and exploits, how do you plan to protect your vault against these bugs? How do you plan to solve the problem of Liquidation especially when the collateral isn’t enough to cover your debt anymore? Thanks
The Arkadiko protocol introduces two fungible tokens: xUSD and DIKO. What will be the function and use cases of these tokens? What kind of stablecoin will xUSD be, will it be traded on the market? How much xUSD can be minted? How do Arkadiko vault’s work and what are the steps needed to create a vault?
While the Bitcoin network plays the role of the settlement layer for Stacks, what are the benefits of Arkadiko providing the underlying infrastructures to make the Stacks ecosystem work more efficiently? What is the advantage?
From your document, you mentioned that Arkadiko has been audited but users should be careful as you are still in beta phase and users can loose 100% of invested fund due to bugs. This seems too much of a risk to take for any potential investors.
What actions are you taking to identify and fix any loopholes that may result in investors loosing their funds. When should we be looking forward to for a more secured system from you?
What first strikes me about your project is that you have yet to build a big following, so I’d like to know what are your marketing plans, partnerships plans? Also, are the community rewards, value of the token, and effectiveness of your products tied to the number of users, or is it independent?
You say FRracTion is an NFT Fractionator that splits digital art into puzzle pieces, so what?
Can you explain the realization stages of the NFT fractionation process in simple sentences? Is there a limit or limit to the number of pieces to split or split? Can the artist decide how many parts he wants to divide his work into?
What does NFracTion do to bring top artists and real collectors into its ecosystem? Unlike other NFT projects, do you intend to add value to the products instead of just increasing sales, if you have such an idea, how will you do it? Can NFracTion remain flexible in the market and revolutionize the NFT market?
Arkadiko also launched its own stable coin USDA. What are the advantages of USDA when compared to the existing stable coins? and how does USDA play its role in the Arkadiko ecosystem?
I noticed that your community on Telegram has very few members, does that mean that they are a really new project? Or is it that they have been developing it for some time and now it is that they are making themselves known to the different communities through social networks?
I read on your website that Arkadiko “Brings DeFi to Bitcoin”, does that mean that your project is developed on the Bitcoin network? If so, in addition to providing DeFi products to this network, do you also provide any Layer2 solutions that minimize the use of large gas tariffs?
I could note that in addition to the STX and USDA tokens, they will also have a DIKO governance token, but would their only utility really be governance? If so, how many minimum tokens must I have to participate in the decisions and voting of your community?
On their website they indicate that they will carry out large audits of their contracts and operations, but have any of these audits really been completed? if not yet, really when will they be realized? And also which companies will be the auditors?
How risky would Arkadiko’s loans really be? in it we can completely lose all the assets deposited? If so, how can we expect our positions to be liquidated and lose both USDA and STX assets?
I understand that we will get USDA for the STX tokens that we keep blocked, but can USDA tokens really be freely traded? or to be able to exchange it for any other tokens outside of Arkadiko, should it be exchanged for STX tokens?
You say “you don’t have to worry about payments”, but how will these payments really be made then? Will they be automatically every month? Or will this only be done if the 3-year period is met?
I could read that we will need three years to obtain the income that was loaned, that means that they will have a yield of 33.3% right? but really why define this date to this temporality and not before or after?
According to your website, through your staking system with DIKO tokens, users can receive stDIKO to be used in governance mode, but this is the only utility of the tokens received with staking or there is the possibility of obtaining other types of tokens that can be tradable?
I could see in your whotepaper that you have a particular way of distributing DIKO tokens through your staking system, it says that they release a pre-set amount of DIKO rewards every two weeks, you can tell us about how this mechanism works and why it is advantageous for the economy of your project?
Arkadiko allows users to create their vaults. My question is: How long is it determined for users to withdraw their assets? How much is the minimum or/or maximum asset withdrawal amount of the boveda?
What is the use of STX, DIKO and USDA in the platform? Does the USDA currency have a use different than being a reward token? What would create demand of it?
USDA is the stable-to-dollar stablecoin of Arkadiko finance. I read that it can be minted using STX as collateral, so my question is: if this coin (USDA) is supposed to be stable, how can it be constantly minted? How is the value in USD of the currency backed and sustained? If STX is the collateral, would the volatility of this coin modify the value of USDA as well?
I must understand that the user assumes a debt in the USDA. But what conditions would give to maintain the Health of the user’s vault?
Reading that users will be able to add their own pairs of tokens. Will the protocol allow adopting any type of networks?
Could you comment on what kind of decisions can the community participate in?
Which blockchains does your team plan to connect to in the near future to unlock more features and provide clients with protocol access within the Stacks DeFi ecosystem?
According to your staking feature, we can stake $DIKO to receive $stDIKO. Currently, several platforms offer staking rewards with reward tokens. However, $DIKO is the governance token of Arkadiko protocol and the reward token, $stDIKO can be used in Governance voting. Does it mean both $DIKO and $stDIKO can be considered your governance tokens? If a user want to participate in Governance voting, should he purchase $DIKO, stake them and receive $stDIKO? Do you offer any procedure to purchase $stDIKO directly instead of staking $DIKO? What is the purpose of introducing this model instead of distributing the staking rewards with the same token or a seperate reward token which is not related to the governance?
I noticed that you are currently running a bug bounty program. Although it is an extremely important method to ensure the security, identified bugs should be resolved by the team to make the process fruitful. Up to now, did you get a considerable amount of reports about vulnerabilities on the platform? What type of actions you have taken to rectify them? Please explain about the current status and the success of your bug bounty program. In addition to this measure, what kind of actions you have taken to improve the security of Arkadiko Finance?
Although I have heard about borrowing and repaying loans, “self-repaying” is a new concept for me. On your website, you have explained how does it work and it is clear to me. My question is, what are the benefits of this self-repaying method compared to traditional repayments? A new concept is worth only when stakeholders get advantages compared to existing concepts. Does this method reduce our repayment amount? If not, what type of features are offered by this self-repaying method? Why should we choose Arkadiko Finance to borrow funds instead of obtaining loans from existing platforms and repaying manually?
The Arkadiko ecosystem is made up of a host of important entities, consisting of; the Vault owners, Stacks DeFi Protocol, External Liquidators, etc. With emphasis on those mentioned, can you briefly explain how their actions will directly affect their roles in the Arkadiko DAO? Since protocols within the Stacks DeFi ecosystem can build on top of Arkadiko, what would be some of the basic conditions needed to be met by these Protocols, and what sort of premium service will you provide these Protocols? Finally, can you talk extensively on the operations of the External Liquidators, how important are they to the ecosystem?
Reading through your documents, I came across the security model adopted by Arkadiko, which gives DIKO holders the option to stake their DIKO tokens getting stDIKO in return. However, it is stated that staking these tokens in your security model, comes with a risk of losing up to 30% of your DIKO, which is used by the Protocol to cover losses. Can you carefully explain this process and why is this risk factor necessary? Also, why would Arkadiko allow stakers bare the risk with an external hack or exploit, wouldn’t it be better if the Protocol has an internal mechanism or Vault to cover such eventualities?
I heard that you are going to launch Arkadiko Finance on 21st of October. So Can you give us a sneak peek about this launching? Is it a kind of fair launch? Where will this initial launch take place? Will there be a possibility to buy some $DIKO tokens? And I saw a Contest is ongoing which offer 100 $DIKO tokens for 100 winners. Can we still apply for this contest? What are the rules & regulations of this launching contest?
I have confused by seeing more token within Arkadiko Finance ecosystem such as $DIKO, $STX, $USDA & $stDIKO. Only thing I know, $DIKO is the native token of Arkadiko Finance. What are the other tokens & What are the purposes of them respectively? Are these tokens connected with each other within your ecosystem? By adopting multi token model, What kind of benefits will users aquire through the Arkadiko Finance platform? With a multi token model, How will you survive by the inflation?
By Arkadiko Finance, a new stablecoin will be introduced called USDA which is to be pegged USD coins. However, lot of stable coins are existed & be generated newly with time like USDT, USDC, BUSD, USDM etc.. Will the USDA coin be able to trade in other exchanges like BitMart, Bittrex, Binance? As I know BUSD have some staking programs in Binance exchange. What about the USDA stable coin in this matter? Can you elaborate more utilities about USDA & differences with other stable coins?
After read theArkadiko whitepaper, there is some several function and features serve by Arkadiko. however There are several risks inherent with Arkadiko Protocol. one of Risk that caught my attention is price tability risk of USDA stablecoin. Arkadiko it self claim that cannot guarantee the soft peg to 1$ worth, when to many sellers doing large Amount of USDA. so will you make an improvement or make a change or add new protocol for maintain the stability of USDA? how we can called stablecoin if the price not stable as well….
It caught my attention about the Stacks & Proof of Transfer consensus mechanism that Arkadiko finance project runs their smart contract. Actually, It’s new to me. So, could you please tell me the core mechanism & functionality of Proof of transfer consensus mechanism? Is it like Proof of work that Bitcoin blockchain operates? What are the advantages that you get by deploying proof of transfer over another consensus mechanisms?
I read some facts about the DEX of ArkaDiko Finance Project from the whitepaper. You have deployed an AMM protocol to give an efficient service for the users. But there are more DEXs based on AMMs available in crypto market. How will this DEX be unique from other DEXs like Uniswap? What are the average trading fees, you intend to charge first? How many currencies will there be initially listing? LPs can provide the liquidity to the pools & return they will be rewarded by the trading fees in generally. In what way will the ArkaDiko Dex implement in crypto market? Will you offer some extra rewards for LPs those who like to invest their funds in to your DEX?
The priority thing is the safety for any project. But I could not discover any audit report or details of ArkaDiko project. Did you not conduct an audit yet even though ArkaDiko project will launch on 21st in this month? Will this not be an issue for ArkaDiko project in future? However, you started a bug bounty event recently. Will this enough for the security of your project? Provide more details on bug bounty events & how will it help to enhance the security system within ArkaDiko project?
to Mint USDA users have to collaterize or simply add STX to the vault. so what parameter set in the Vault n order make a balance minting mechanism and fair portion in mint USDA?
like most lending and borrowing protocols, our position can be liquidated. some of other protocol give alert or warning sign to their user in order to prevent being liquidated. How Arkadiko will warns their user in order to prevent being liquidated by someone else? is there any notification alert send to the users who in edge of being liquidated?
DIKO can be earn through liquidity mining program once the ARkadiko mainnet launch in this october. and DIKO is the governance token of ARKADIKO protocol, beside that what is the uses cases of DIKOin your ecosystem? what parameter or features that makes DIKO is worth? are DIKO can be use as collateral asset too?
it seems that arkadiko platform is suitable for expert user in crypto only. is there any features in Arkadiko platform that suitable for beginer crypto users?
According to your website that the auction mechanism of the Arkadiko Protocol enables the system to liquidate vaults. When a Vault dips below its pre-set Liquidation Ratio, it can be liquidated by any participant in the protocol. At the point of liquidation, the Arkadiko Protocol takes the liquidated Vault collateral and subsequently sells it using an internal market-based auction mechanism. So,can you explain more about the internal market-based auction mechanism? How does it works and being implemented in Arkadiko Collateral Auction?Does this mechanism can be used without any condition with in your Ecosystem? Since the Arkadiko Protocol takes the liquidated Vault collateral and subsequently sells it using an internal market-based auction mechanism,so does this mechanism is being automatically applied at the point of liquidation in Arkadiko Vault collateral? Thank you
Arkadiko is a protocol with natural incentives meaning that all stakeholders on the platform receive direct benefits for the service they provide. So,does this natural incentives is just for stakeholders of your platform? How about the holders of your token especially the long-term holder,is there any incentives for them as a holder as we know that not anyone is aware or interested with staking? Can you explain more about the natural incentives that your platform being offered to stakeholders? How it will be distributed to stakeholders? Thank you