We are pleased to announce our next AMA on October 27th 2021 at 03:00 PM UTC Time: Satoshi Club x Slope Finance
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Slope Finance Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Slope Finance Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Slope Finance
For more details:
Slope Finance Website – slope.finance
Slope Finance Telegram – @Slope_community
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
I ask..
1.Why did the solana chain team develop a special wallet for the solana blockchain, the Slope Wallet? did something really bad happen to the solana blockchain, so the solana chain team developed a Slope Wallet that makes users of the solana chain feel safe?
2.What are the advantages of Slope Wallet itself? and what features are in the Slope Wallet?
Can you talk about the UI/UX of SLOPE WALLET is it user friendly and easy to use? Then in the future is there a new feature, what does the SLOPE FINANCE team plan to implement to make the wallet interface smoother, faster and is dark mode available on SLOPE WALLET?
You mentioned that Slope is governed by Slope DAO, and all community members who hold SLOPE can participate in project governance. Shouldn’t we have a specific minimum amount of tokens to be able to participate in governance? In case everyone can participate, regardless of the number of tokens each user has … how is the voting power of each user determined? How many tokens must we have to be able to make new proposals?
In terms of NFTs, I must congratulate you and your team for successfully introducing Slope’s two NFT launch, the “Slope Monster NFT” and “Slope #429 Badge NFT”. And now, I just found out that Slope Finance will be releasing another NFT series entitled “Halloween NFT Fest”. Can you give us a rundown about this NFT series drop? How can we participate on this NFT airdrop? What are the requirements for us to be eligible of this event? Also, do you have sample sketches of the contents of this NFT?
I noticed something interesting on the list of Slope Finance’s backers. I’ve found out that the centralized crypto exchange Houbi, is one of your project’s initial investors. Given this fact, will we be seeing Slope Finance develop products and network support for Houbi’s Houbi ECO Chain on top of Solana? Will your project have a cross-chain mechanism for its services? What other networks will Slope Finance support aside from Solana?
Slope Finance will be integrating its exchange platform with trading bots, so user can maximize gains and manage risks conveniently. By this, Slope Finance will be deploying its “Slope Grid Trading Bot”. Focusing on retail investors, this bot will help traders to lock up small profits while the price keeps fluctuating. Can you provide us more information and details about this trading bot of yours? When do you plan to implement it on your platform? Do you have an instructional guide on how to set-up this bot?
Slope will offer on-chain trading bots to retail users. Please tell us the specifics behind this feature. How customizable are these bots? Can we make our own set of rules or conditional formatting for them to follow? Most importantly, how secure would this feature be? Who is responsible in case of a glitch or malfunction, do you have insurance? Also, will this feature be readily available by the time of the app launch? Or will it be added later?
I read that your platform will offer options to Mint, Collect, and Auction our NFTs, however, I’d like to know if we can only do this with Slope’s native NFTs, or ifwe can add NFTs from other chains and platforms? Also, do you have partnerships with any NFT heavy platform? Like gaming platforms? Can we also mint and auction those NFTs?
I noticed that within Slope Wallet we can switch languages, currently there are only two languages available, English and Chinese. Have you thought about supporting other languages soon? It would be nice to find more languages within the Slope wallet, like Spanish, Portuguese, German. What will be the next languages to be supported?
On October 11th,Slope Mobile Wallet 1.3.0 was upgraded with new features called “NUCLEUS”.What is the reason for this new upgrade?I also noticed that Nucleus consist of 3 sections Rank user,Activity users and News users.Can you tell us what other functions does this new upgraded wallet have?And how will this new feature power up the users experience? Thanks
Trading bots on Slope DEX bring high-frequency trading to retail investors and will help to avoid all the emotional decisions and lock up small profits all the time while the price keeps fluctuating.But even though trading bot are useful,it also have its own disadvantages.My question is,Does Slope Grid Trading Bot accept all types of cryptocurrencies?There are different parameters one need to set and monitor when using trading bot which can take a lot of time,so in using your trading bot how easy will it be in setting up parameters?And how well tested is your bot,I tried using a bot for trading and the moment I didn’t check up on it only for me go back and find that it has crashed and also empty my wallet.So why should I trust Slope Grid Trading Bot? Thanks
While reading through “Slope Privacy Policy”,you listed some information you collect from users which are Identity information,Contact information,Financial information, such as your credit card or other payment card details,Financial information,such as bank account number and bank routing number,financial assets holdings and many more.You also mentioned and I quote “IF YOU DO NOT AGREE WITH ANY PART OF THIS PRIVACY POLICY OR OUR TERMS OF USE, THEN PLEASE DO NOT USE ANY OF THE SERVICES”.My question is,Why do you need such private information from users?How safe will this information be after you must have collected them all?I am curious to asked does this apply to all users who are interested in your platform?If yes,suppose a user have given all this informations and there happen to be any form of leakage in your platform,how will you guarantee that all these informations given will not also be leaked? Thanks
What are the real life utilities of Slope token and in what scenerio can the benefits of holding your tokens be applied to? How will you ensure users of your DEX, wallets, app has the best and seamless experience while interacting with your platform?
I read from the medium about your decision to launch the “Global Partner Recruitment Program”. What is the intention of this exercise?. Who are you targeting – investors, users or patners? What benefits are attached to this program and how can one join?
I see SLOPE FINANCE has partnered with lots of firms including Raydium, Port finance, Bonfida, Larix, Solend and many more. With these, how can the community itself contribute to the uptrend growth momentum of this project?. What exciting plans till the end of the year do you have to keep us involved in Slope? For non crypto users, how will they be involved and what strategy will you apply for mass adoption of Slope products?
Don’t use this thanks
Slope is announcing to be building the World’s Best Mobile Decentralized Exchange and Wallet confirming, at the same time, that only a few wallets are supporting Solana blockchain, and the experience is poor. Could you expand on that statement. The issue of them is that they are not adequately developed or the fact that they use Solana stops them from being the at the top? Why have you chosen Solana and not any other blockchain technology? Thank you!
One more attractive feature is Trading bot. It is said that “the bot will always sell a portion when the price goes a bit up and buy a portion when it goes a bit down”. Please let us know if the bot can be set according to user’s preferencies ignoring initial default setup? Does the bot has the ability to analyse past coin or market behaviour to predict any changes in future? Is it possible also to set it to reach based on indirect changes on the market?
Slope gives users the power to gain full control of their accounts, but we can think that this can be a double-edged sword for less experienced users, you can tell us if there are guides or schools where they teach users to take the reins of your accounts without the participation of a third party? Also, how secure are the credentials and encryption used on your platform? How is this technology built?
In the security mechanisms of your platform you mention full limit on-chain orderbooks with DecentralizedKYC, could you tell us about this issue? What is this KYC that you mention and why does it contribute to the security of the system? What requirements are necessary to qualify for this type of security?
To better build the Slope global image and roll out the Slope global development strategies comprehensively, you have hence decided to launch the Global Ambassador Hunting Plan. Excellent! What are the daily responsibilities of Slope Ambassadors? What would be the ideal candidate for you? Do you prefer the ambassadors to be native English speakers?
Slope is a unique DEX built on Solana ecosystem and one of the uniqueness of your DEX is that is comes with an inbuilt trading bot which users can use to automate their trading and obtain effective assistance while using your DEX. I will like to know more about this trading bot. How will trader use it and how does it enable a simplified trading that will allow a trader to earn high frequency trading reward? During seasons of volatility, how will the slope grid trading bot be set by users to obtain stable or tangible passive profit and how will this be done with substantial reliability devoid of reduced exposure to risks or volatility?
Slope.Finance- my attention was caught to the ever interesting fact that there is an insanely low fees wherein an average minting cost of less than a dollar, and no platform fee and also the amazing slope mystery box, the gamification Module that distribute random NFTS to participants. Now my question to you on the above premise is, does it mean that via the slope mystery box participants are going to be gifted NFTS in your ecosystem for merely been a participant?
I could see that your project is developing a fantastic event for Halloween night, could you tell us what are our chances of winning? What type of NFTs will be distributed and what is their value?
Currently Slopefinance has two products that have been launched which includes Slope Wallet and Slope DEX. As you launch your mobile application, can you share to us in advance the great/unique features and highlights of this application? Will the mobile app be available in both Android and iOS devices?
In the beginning of Sept, Slope Finance Launched Slope Monster NFT, but due to unexpected high volumes, it collapsed. In this regard, can you tell us what NFT infrastructure will be embedded into SLOPE wallet to enable users buy, sell and auction NFTs with ease? What heavyweight NFT-related features will SLOPE develop that will make it unique?
Slope is a community based decentralized exchange built on Solana. Can you explain how you will provide the power, fast and convenient front-end entrance to users, and community
members to be part of the evolution and decision making of the platform? What are the benefits of being a SLOPE holder and how do you incentivize the holders to participate in the governance method?
According to your roadmap and I see that by Q1-Q2 next year, SLOPE FINANCE plans to deploy its “Grid, Futures/Option trading bots and Fiat Onramps”. Can you tell more details pertaining these specific products? What will the the structure of these products ? Will you integrate payment services such as debit or credit cards for use on other platforms? What are the benefits of using Slope finance as a bridge to the fiat world?
Can you in a concised statement describe the “SWOT” related to SLOPE FINANCE?. While building this project, what have you in mind to achieve? What problems will Slope solve and in what ways can the community get involved in this build?
Can you list the outstanding features of “Slope’ that you think are the strengths that will help “Slope finance’ succeed? In the future, will the “Slope’ token be developed with more utilities? And how will Slope team will ultimately build the infrastructure for the entrance to the Solana ecosystem?
You offer a simplified and easy to used mobile app. After downloading the app and I was trying to restore my wallet, there were two option paths m/44’/501’/0’/0′ and m/44’/501’/0′, and I was unsure which of them to use before I eventually decided to select a random option. Can you tell me what this was meant for and whether each option has a specific function or usage it was meant for? Also, after opening the wallet, I found out that it is difficult to add some asset such as USDT. What array of asset does your wallet supports and why is it difficult to add asset to this wallet? And lastly, I found out that your wallet come with some preset dApps in your dApp browser which is common with every wallet. However, unlike every wallet, your dApp browser do not allow additional or browsing of external or non featured dApp. Why is this so? Why can’t user visit dApps that are not featured in your wallet in your dApp browser?
In order to assist developers and newbie project and to give them an easy ease of breath at their nascent early stages, your protocol has packaged Slope Starter and ecosystem grant which projects can access and apply for funding. What type of project are qualified to receive slope starter and incubation funding? How will prospective project apply for funding support and what conditions will they have to fulfil before you will be able to support them? And apart from funding support, what infrastructural or ecosystem resources will you be able to offer to these project to aid their gradual progress and development?
I took time to go through your reviews on Your App on play store and I saw Multiple people complaining of missing funds and fees and you are yet to reply to the review of those people.
How sure am I that my funds are safe in your wallet after seeing such review?
What are the security measure put it place to avoid missing funds?
There are fast rising DEX on Solana but slope set itself apart by being the first mobile DEX built on Solana infrastructure and comes with an Order book. I will like to know more about how traders will use your order matching and execution mechanism. During the process of placing limit orders, where will your DEX keep this pending order or where are the pending asset stored before a match is gotten and the order become executed? How is the process of limit order placement and execution done trustlesslly without third party intervention? And if an order takes longer to execute, can a trader cancel his order and get a full returned of pending asset without additional cost?
Can you expansiate more about how your trading bot work? What are the cost implications of using the trading bot? Is it a mandatory to use the feature for trading or it is optional?
Metaplex, the NFT infrastructure of Solana ecosystem is embedded as a primary function in the Slope wallet. Since the core functions of Metaplex is to allow creators & artists mint and launch self-hosted NFT store fronts, is it proper to say then that Slope Finance will offer this services along side the DEX within it’s wallet? With the Solana chain been a core dev infrastructure, would Slope Finance allow the exchange and transfer of these NFTs across third party wallets irrespective of chains? Also, talking a little bit more on Metaplex, what is the revenue sharing formula, are creators allowed to retain all accumulated income from their respective stores?
Slope Finance would have a total supply of 1 billion SLOPE tokens, with the team and consultants allocated 20% of total supply, while community rewards will get 16% of total SLOPE token supply. Been that a majority of your services are directed towards a decentralised community trading activity, why is the allocation to community rewards only 16%? Do you think this allocation would be sufficient in the longrun? Also, you have incorporated an economic model of net fees for transactions on your DEX, with 66% of this going to a SLOPE buy/burn action. May we know the associated on-net fees? How often will your burn and buy back events take place?
Slope’s NFT marketplace – Metaplex it empowers artists and creators mint their
own NFT. You also mentioned that the average minting cost of NFT is less than a dollar, and no platform fee. What will ve the criteria for determining the selling cost of NFT by artists? Since artists will not be charged platform fee, will the buyers be the one incurring this cost?
I found out that Metaplex an NFT infrastructure of Solana Ecosystem is embedded into Slope Wallet as a primary function so that users can auction, store, transfer, and resell NFTs in Slope Wallet. So,does the Slope wallet has a built-in NFT Marketplace to auction,store and resell NFT? What kind of NFT items we can store and resell with in Slope wallet?Who will be our target market? Is there a fee we must pay in auctioning, storing, transferring, and reselling NFTs in Slope wallet or you don’t charge any platform’s fee? To gain more investors and users or traders or buyers of NFT,do you plan to integrate some NFT Marketplaces like OpenSea or Rarible or other NFT Marketplaces in Slope wallet just like in Trust wallet or Metamask in the future? Thank you
Slope Finance has a Slope Grid Trading Bot in which it helps the retail investor to avoid all the emotional decisions and lock up small profits all the time while the price keeps fluctuating. So,can you explain more about how does Slope Grid Trading Bot works? How can anyone access this bot? Is this bot is free or we need to subscribe it to access and use? As it mentioned that this bot can lock up small profits all the time while the price keeps fluctuating,so do we need to set up this bot or it will automatically lock up small profits? Aside from what mentioned above,what other things does this bot can do especially in trading? How reliable is this bot? Does this bot will help us gain more profits in trading? Thank you
I read that on medium article. $SLOPE token is built on the Solana! Why do you decided choose to build in Solana?What are the advantages of Solana. How will you compete with your other competitors similar to your project with Solana?
I read that. Slope Finance just won project sponsored awards in Solana Season Hackathon (Global), What are the advantages of that, and can you explain more in order to understand?
I read that. Slope Wallet just launcher and More than 10K users involved in, can you tell me What is the Role of Slope Wallet in Slope Finance and What are the advantages of slope Wallet?
This caught my attention when you said all community members who hold slop can participate in project govern, if I may ask does it mean anyone including, thieves,lazy people, ineligible ones etc can govern slope finance project?,why should we trust and rely on such platform of no standard committee to trade?
Q2 why is slope finance a non-custodial wallet,is it lack of finance, infrastructure or other things? what is the reason behind this formulation?,what do they plan to achieve using this means this?
From your ambassador hunting,you stated other responsibilities without the age limit, you said as long as the person is fired at slope holding,he/she is eligible, my question is does it a mean a child of 10years can apply as long as he is fired at slope holding
It caught my attention that Slope offers on-chain trading bots to retail users for a nearly-zero cost transaction fee. Could you deeply explain about this feature? What type of bots do you offer? As a trader, I hesitate to rely on trading bots, but I am willing to test with your bots if you offer something new. What are the tasks that these bots perform? Although you have indicated “nearly-zero cost transaction fee”, you have not mentioned about the calculation of the fee. Will it be less than 1$?
You have mentioned that your wallet can be accessed from multiple devices. As per my knowledge, any cryptocurrency wallet can be accessed from multiple devices by using the username and password/ seed phrase. Therefore, what do you exactly mean by this feature? Compared to other wallets, What is your difference in terms of accessing? How does that difference make the user experience better?
You have introduced yourself as “The Most Trusted Decentralized Exchange and Wallet”. It seems that your statement is based on two aspects, CertiK audit and Bug bounty. However, we can see a plenty of audited platforms with bug bounties become scams. Do you have a plan B in terms of security? If the project faces a financial loss, what will happen to the investments? Do you have insurance partners or any other methods to recover the funds of investors?