AMA Satoshi Club x Rubic, October 26th

Posted on by satoshi-club

We are pleased to announce our next AMA on October 26th 2021 at 03:00 PM UTC Time: Satoshi Club x Rubic

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

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

Part 3: 300$ – A quiz about Rubic

For more details:
Rubic Website – rubic.exchange
Rubic Telegram – @cryptorubic_chat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

114 thoughts on “AMA Satoshi Club x Rubic, October 26th”

  1. As I read, Gate is currently holding a RBC trading competition. Until when do we have a chance to participate in this competition? How much is the reward pool for the winners? What are the requirements to participate? How much is the minimum deposit of RBC token that we have to make in Gate to qualify for the rewards?

    Reply

  2. I read that on medium article. Complete your swap to Avalanche through Rubik’s Multi-Chain Routing and get a gas refund on your swap. Rubik project is starting a new Gas Refund Campaign! Starting from October 19th to November 2nd, our users will be able to complete swaps using their favorite tokens on the Avalanche network using Rubic Multi-Chain Routing, and get GAS refunded! What are the conditions for entering this event? What tokens are available for purchase?

    Reply

  3. I read that You charged a fee in the beginning, then you removed the fee to provide the best rates on the market. And now you have a cross-chain solution that is competitive and you can introduce new RBC usage. Instead of charging commission in tokens or native currency, you can charge RBC or provide discounts for token holders. How does Rubic plan to increase liquidity and volume? And can you tell me about Anonymizer and how it works.

    Reply

  4. Can you tell us a bit about Rubic Finance background and vision, and what problems it can solve? Can you summarize the main features of Rubic Finance?

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  5. Rubic with it’s amazing outlook which amongst other things the routing solution that will allow users to trade any token; with it’s advantage being the ability to calculate gas prices and show users the best- optimised solution with paying the least amount of gas. My question is is that this calculation of gas prices would be shown to be the user prior to the user transacting? when exactly does this calculation occurs? And when after this calculation and the user decides to choose the best-optimized solution, does this service attract any hidden charges on the user?

    Reply

  6. MOONSCAPE GAME – on your The inaugural lighthouse project: MOONSCAPE ( column) , you did said that this project is the first step in a cosmic wave of DeFI gaming spreading across the Cryptosphere and on the lighthouse, users can find up and coming projects in DeFI Gaming to support financially and be rewarded for their effort. Please could you explain to us enthusiasts in a more detailed manner on how users can find up to and coming projects in DeFI Gaming to support financially and be rewarded for their effort as you had mentioned here? Thanks

    Reply

  7. The “Rubic Relay Widget” is great and convenient tool for easily bringing Rubic’s products and service into other websites and platforms. I think this widget product can be very useful for website owners. Can you tell us the full range of specification and functions of the Rubic Relay Widget. What activities can it do from your services? Do you have an instructional guide on how to set up this widget, can you share it with us?

    Reply

  8. I’ve found out that when users bought BNB using the $RBC tokens, it will incentivize them with discounts on their transaction fees. First, how much discount percentage can you give the these users? Second, why is this perk only applies on BNB transactions? Do you plan on implementing it on other coin/token transactions as well like ETH, TRON and others?

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  9. On one of your previous voice AMA’s, you mentioned that Rubic is planning to connect and establish chain supports for as many networks as it can do, either new or old. Right now, Rubic has cross-chain support for Ethereum, Binance Smart Chain, Polygon, TRON, xDai, Harmony and planning to add more like Moonriver and WAX. May I know how does Rubic determine and decide on what blockchain it will integrate with? How do you pick a blockchain that will eventually be featured on your chain support? Do you have a criteria of choosing?

    Reply

  10. Among many similar products, Rubic is the only one present on Polygon multi-chain. Could you reveal the idea of trying to connect to as many multi-chains and cross-chains as possible? Please expand on what advantages will it bring to me as a simple user of Rubic? Thank you!

    Reply

  11. I have passed through your whitepaper and I haven not found any description of fees amounts applied. The only mention is that fees are low. Please provide more information on that. How exactly the fees system works? Where do the collected fees go? Is there a part of them expected to be invested into project development? Thank you!

    Reply

  12. I noticed recently that it seems like multichain DeFi platforms are way more vulnerable to attacks than others, thanks to the complexity of the smart contracts. This makes me wary to invest nowadays. Would you specify what are the perimeters of your multichain function? How strong is your smart contract? I’ve already seen other projects offering innovative solutions for this particular issue, are you already implementing them? Or are you going the traditional way?

    Reply

  13. I went to your Merch Shop and your merchandise is great but the prizes for a T-shirt are incredibly high! Are these exclusive pieces with any extra-benefits? Can you tell us why is your merchandise so worthy?

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  14. Rubic has an unconventional tokenomics, I could see that a part of the total supply will go to MyWish holders, but how will those tokens really be earned? Will it be a passive income according to the number of tokens and how long they have holding? Can you explain the reward mechanisms in your ecosystem?

    Reply

  15. Your cross-chain activities is said to be powered by Panama Bridge and currently, users are able to swap 25 ERC-20 tokens to their corresponding BEP-20 variants. However, you said users with Binance service restrictions may not be able to use your platform services. Apart from the Panama Bridge that you use, are you also using Binance DEX liquid swap or should your services be restricted for users with limited Binance access? When will you be able to incorporate more tokens into your cross-chain swap function and when do you plan to implement your own cross-chain routing service in order to ensure a frictionless swap experience?

    Reply

  16. Left 2+ months for Year 2021 to come to an end, any thing big for us to look forward to before the year ends?

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  19. According to your roadmap, you plan to launch a mobile app for your platform this quarter as well as an an external API integration feature. How far have you gone with this plan and when is this app going to be released? What will be the characteristics of your mobile app and what will users be able to do on it? Which of your product services will external platform be able to integrate into platforms using the API that you plan to release? Also, your roadmap end at the end of this quarter which is about 2 months away. After this period, what will be the next direction for your project and what other plan will you have?

    Reply

  20. The Rubic platform incorporates a number of tax regimes for users within it’s platform. They range from; trade creation, brokers function usage, token listing, crowdsale contract usage, and a many others. As much as some of these fees are a necessary platform usage requirement, but don’t you think these fees might limit user operational preferences, and how are these accrued fees effectively utilised in the platform? Finally, asides these fees and taxes, how does Rubic ensure a continuous and steady increase of liquidity, and how does it compensate traders across board who make viable use of all it’s platform features and products?

    Reply

  21. My question is about Rubic Merch Shop. Although I wish to buy your black hoodie and the price is also OK for me, I could not see any reviews given by buyers. Thus, I have doubts about the quality of the product and the delivery service. Where can I find some thoughts of previous buyers? Do you have any records on previous sales? According to your notice, the shipping times will take up to a month due to COVID restrictions. Do you deliver to any country within a period of one month? Do you use an own delivery service or handover to an external partner?

    Reply

  22. From available blog post updates, Rubic recently partnered with BabyCake, which would enable Rubic integrate its Relay Widget on the BabyCake site. As laudable as this partnership is, can you let us know what this important integration will provide users on both platforms, and how will Rubic leverage on the massive BabyCake community to capture a unique market group? Also, as this partnership opens Rubic to more future adventures, can you talk extensively on your partnerships and collaborations, what are some of your current and future partnership considerations, how do you wish to to market Rubic accross a variety DeFi genres?

    Reply

  23. During this quarter, you are going to introduce $RBC staking feature. RBC staking 2.0 will be launched in the next quarter. I assume that staking 2.0 will be better than 1.0. Please correct me if I am wrong. My question is, can we unstake $RBC at anytime to stake them in 2.0 when it is launched? Please explain more details, features and differences between staking 1.0 and 2.0. Why have you planned to launch the staking option as two stages?

    Reply

  24. It seems you have paid more attention to blockchain integrations. Although you are integrating blockchains from the first three months of the project launch, some popular features such as staking and introducing a mobile version have been postponed. Why do you think blockchain integrations are more important than other goals? What are the points you consider when choosing a blockchain? What are your future plans regarding more integrations? Do you have any fixed target about the number of blockchains that you will be available on?

    Reply

  25. Your protocol has announced numerous partnerships integration with several protocols including BabyCake, Frost finance, Avalanche and many more. How has this partnership benefited your project and how has it created an expansive outreach for the adoption of your project? When will you complete the moonriver and Fantom integration and what marketing efforts will you use to attract more users and provide additional opportunities for your ecosystem users?

    Reply

  26. Some of the features of Rubic Dex include the ability to make crowdsales,Percentage of platform revenue can be regulated and
    Public/Private deals. Firstly,how can anyone make a crowdsales in your platform? How would Rubic enable to adopt crowdsales with in your network? As percentage of platform revenue can be regulated,so does the revenue will not be constant as time goes by and does users will get a share from the revenue of your platform? How does revenue can be regulated by Rubics? Lastly,what kind of deals you are offering to be public or private? How can anyone participate this Public/private deals being offered by Rubics?

    Reply

  27. Rubic token, $RBC has a total supply of 124,000,000 and it exists on Ethereum, Binance Smart Chain and Polygon. Are there separate token supply for each chain or is the total supply split across the different blockchains where you operate? Why do you prefer to maintain thesame token price across the various chain where $RBC exist rather than allowing the transaction activities of each blockchain to determine the price of $RBC? In addition, I found out that 8% of your total token supply is allocated to be distributed to MyWish token holder. What is the relationship between your project and MyWish and why do they deserve this special allocation?

    Reply

  28. Before the end of 2021,you plan to integrate Staking in your platform and in the first quarter of 2022,you plan to also integrate Yield Farming and/or Lending Product. So,can you give us some overview about those additional features that you will include in your platform soon? What will be the maximum APY that Staking and Yield Farming of Rubics will be offering to market? How it will bring a better compensation to stakers and farmers? Lastly,how would your lending features be implemented in your platform and what interest you will offer to the market? Thank you

    Reply

  29. You have announced a trading competition on gate.io from 22nd of October to 29th of October with a total Prize of 26,000 $RBC tokens. Can you give us the relevant informations about this trading competition? How will the winners be selected, Will you select certain amount of best traders or Will the Prize be divided for those who trade $RBC tokens even if a small amount? And please let us know the rules & regulations about this trading competition on gate.io exchange?

    Reply

  30. I am interested in your feature of purchasing crypto from local currency. However, I noticed that credit card is the only available option there. Since I do not own a credit card, am I allowed to use my debit card? Further, I can see a huge difference between the actual price and your price. Although the amount I entered from my local currency worth 0.01 ETH, I can only buy 0.007 ETH on your platform. Do you charge any additional fees for the transaction? I can see there are plenty of local currencies which are unavailable on similar platforms. Are you legally accepted as an exchange? Do you assure that there will not be any legal issues regarding using our cards on Rubic?

    Reply

  31. You are available on six blockchains, namely, Ethereum, Binance Smart Chain, Polygon, TRON, xDai and Harmony. Is there a specific reason to choose these particular chains? Further, you have assured low fees across multiple blockchains. We all know that Ethereum chain has a high gas fee. How do you lower the gas fee? Do you pay it on behalf of the user? Nevertheless, the word “low” does not have an exact meaning. How low your fees are? Is it 50% compared to similar platforms or higher/ lower than that?

    Reply

  32. Although you are available on six blockchains, I could only see three options, namely, MetaMask, Coinbase Wallet and Wallet Connect when I try to connect my wallet. Why not Trust Wallet? Do you have plans to introduce more wallets in the future. Further, how safe is to connect our main wallet to Rubic? Please explain about your security policies including audits and insurance partners.

    Reply

  33. I am interested in the long term aspect of your project.I noticed that on your Whitepaper that Rubic projects roadmap ends in Q4 2021.My question is,After you must have accomplished what is written on your roadmap,what then happens next year?What new features will users expect coming next year?And can you please tell us what you are currently working on and what you aim to accomplish before the end of 2021?

    Reply

  34. In September month, Rubic platform have announced about a Moonriver integration which is a smart-contract blockchain on Kusama. At the moment 60% of total integration has been completed & 08th of November it will be fully functionalized. Why Was the Moonriver integration so important for Rubic ecosystem initially than other blockchain networks? What are the potential advantages that Rubic community aquire after the Moonriver integration will be complete? What will be the next blockchain integration of Rubic platform?

    Reply

  35. Rubic platform strategically partnered & integrated with DEXs such as Uniswap, Pancake, Sushiswap, 1inch & Quickswap while you have bridges like Binance, Tron, Polygon, xDai etc..What is the main purpose of these collaborations? Will these Dexs & bridges be helpful to evolve Rubic ecosystem as a well familiar Dex in future? Please share with us more upcoming events in the association with platforms mentioned above?

    Reply

  36. One of Rubic features is DEX / Liquidity aggregators,my question is will using your aggregator provides a deeper pool of liquidity for traders who want to trade large amount of tokens?Will users receive a better execution price using your DEX/Liquidity Aggregator?You also provides a list of ready to use solutions for token creation (on any popular blockchain), token sale contracts, airdrop tools, and many others.So can you state the solutions you will provide for all the features mentions above?Thanks

    Reply

  37. I noticed that you stand best among your competitors,and for such you must have overcome many obstacles,setbacks, challenges, and even discouragement,tell me how have you been able to stand tall and overcome all the setbacks to be the top best what is your motivation factor?
    Also is your project multilingual for those who doesn’t understand English to invest?

    Reply

  38. What is the average percentage your platform will charge for the following operations
    Trade creation
    Brokers function
    Token listing
    Crowdsale contract usage
    Q2 tell us about your team members, how qualified are they for this project and how long have they spent in crypto?

    Reply

  39. I noticed Rubic have 3 investment groups on its platform.Hedge funds,Family Offices and Private Investors.My question is,First Who can invest in the Hedge funds and Family Offices?Can you tell us the advantages of each groups?Less consider the risk factors,can you highlight the risk of each group and how you plan to mitigate it?Can throw more light on the Family Offices and how they operate? Thanks

    Reply

  40. To be a better trading platform, You should add a user friendly & simple interface so that any one can get a rough idea about the execution of tradings. So How is the Rubic project trading interface? Is it easy to understand? Plaese show us your trading interface if possible?

    Reply

  41. Users can make money through Rubic project by serving as brokers according to your whitepaper. What is the role of a broker within your project & How will brokers get their commissions? Should users invest money to be a broker of Rubic Project? Please explain the core details of Rubic project brokers?

    Reply

  42. There are other cross chain exchanges out there already, such as Thorchain. What exactly is it that gives Rubic a chance at competing with other such larger projects?

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  43. @VK_CCDD @hiteshvarma @zduniak Greetings DoubleDice, do you have a bookmaker or casino where we can bet? What kind of bets does your platform offer us? How many games does DoubleDice have? What is the minimum investment to start playing and how can we bet on your platform is it necessary to have the DoubleDice token (DODI) or can we do it with other cryptocurrencies or NFT? Where can we get the token right now and what is its value? You can give us more details on how to buy the token and where it is listed.

    Reply

  44. Knowing that Rubic is a multi-chain DeFi ecosystem, but that it makes it different from other similar DEFI projects that, with a Rubic account to offer investors, how many blockchains its platform has and what is the main objective of the platform and the strategies and functions they will use to achieve those goals? You can give us more details about these functions.

    Reply

  45. Are there any major plans on the marketing front in order to gain more attention from Influencers for Rubic in Q4 and going into 2022?

    Reply

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