We are pleased to announce our next AMA on November 4th 2021 at 01:00 PM UTC Time: Satoshi Club x TEN Finance
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join TEN Finance Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. TEN Finance Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about TEN Finance
For more details:
TEN Finance Website – ten.finance
TEN Finance Telegram – @tenfinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
TEN FINANCE (Ten Lots) – it did caught my attention to know the fact TEN Lots are distributed to active TENFI Staking/ LP holders and there is what I may call three (3) levels of stake, the Bronze which bears 2,500 TENFI, the Silver which bears 50,000 TENFI and the Gold which bears 250,000 TENFI. Now my candid question is how is Ten Lots been distributed to active TENFI Staking/LP holders? What exactly do you mean by Ten lots? Please tell us.
On the various levels of stake under your ecosystem which are the Bronze with 2,500 TENFI, the Silver which bears 50,000, and the Gold which bears 250,000 TENFI. Now my question is what does these (3) three different levels means in your ecosystem? And what is the qualifications for stake in each of the levels? What is the minimum if any and the maximum stake of Token of TENFI a holder is required to stake or hold in each of the 3 levels should an enthusiasts as myself desire to stake in them? Please explain to me
The are three (3) distinctive ways on how users can earn and grow their portfolios within the TEN platform and ecosystem. Users can pick from TEN Finance’s YIELDEX, TEN Lots and TEN Stake. Would you care to differentiate the three different products on your platform? How would users know which of three is suitable for their investment choices and risk tolerance?
Most DeFi projects optimizes their products in terms of fees so that it can attract and encourage more users to interact with them. The lesser the fees, the better. Surprisingly, I’ve found out that within Ten Finance’s platform, there are five different fees users have to pay when transacting with the platform. Most notably is the “Deposit Fee”. Most project do not charge deposit fees but only on withdrawal fees. Can you describe to us how did TEN Finance came up with its platform fee structure? What will be the breakdown of these fees?
Upon looking at your roadmap, I noticed something interesting. Can you discuss about your upcoming “TENSure” and “TENLend” services? What will be the structure of these products? How can the users be involved and interact through the TENSure and TENLend? Also, is there a tentative date on the release of these two products?
Do you have any other ways to get people interested in tenfi after the launch project is finished?
You mentioned in an AMA that TEN Lots obviously incentivizes TENFI holders, but what it also does is provide an incentive for your yield farmers to actually farm on your platform and actually keep the TENFI they grew to claim their TEN Lots as one. additional source of income. How will you go about creating an ecosystem for TENFI so that our farmers don’t “grow and dump”? What characteristics will your ecosystem have in terms of sustainability and longevity? What will happen to the TEN lot incentives?
I believe that, since March of this year, you were one of the first, if not THE first project, to get an audit pre-release from Certik. (I’m sure there are / were others, but not many at the time.) While I believe that audits are a good way to evaluate the project, it is not everything, so due diligence on any project is important, do not rely solely on audits. all your contracts / strategies / farms work with previously audited contracts? What happened to the bug bounty you promised for the YIELDEX?
you said your top priority is to keep developing and expanding them into more global communities. Currently you support several languages (English, Spanish, French, Chinese (traditional / simplified), Vietnamese, Indonesian, Thai, Korean, Japanese, Portuguese and Russian) on your site and you have telegram communities, such as DeFi or Yield Agriculture will be a key boost to money and finance? How will this obtained collective force be fundamental to your agriculture of yield, longevity and simplicity?
-First of all, the name “TEN” looks like an abbreviation to me. Can you tell the full meaning if it is an abbreviation?
-TEN is said to be a yield optimizer that simplifies staking and yield farming for its users. Can you explain how TEN achieves this? One of the major problems that most users try to avoid is the time consuming task of pairing and un-pairing LP tokens. Is there any feature in the TEN Finance ecosystem that solves this problem?
About your staking;
-How long are users required to lock their tokens? Will there be deposit fees that users will be required to pay?
-Will users be able to unstake their tokens at anytime from your vaults? Will withdrawal fees be paid by users when unstaking their tokens?
-Is there any feature in the TEN Finance ecosystem which enable users to create their LP? If yes, where can users get guidelines for using such feature? Do users face any risk while using such feature if available?
-Can you list the processes that users who might need to withdraw their LP tokens in case of an emergency have to follow?
According to TEN tokenomics, the circulating supply of $TENFI tokens at launch=0. No pre-mine or allocation to core team or anyone else. This means that TEN development and core team do not have any $TENFI tokens pre-allocated or pre-mined for them. This is quite rare.
-Why did TEN decide to take this step? What effect does this have on the TEN Finance ecosystem?
-How will the TEN development and core team earn? Can you explain the model with which the TEN development and core team will earn their contribution rewards to ensure the sustainability and growth of the TEN ecosystem?
It caught my attention that there are two earning options, namely, “TEN Stake” and “TEN Lots”. Describing about TEN Lots, you have stated that it is another way to earn additional passive income through staking TENFI tokens. My question is, what is the difference between “TEN Stake” and “TEN Lots”? If TEN Lots is also about staking, why did you introduce two different features for the same task? Can you seperately explain the background of these two options with the differences if there are any?
You have completed a CertiK audit in March, 2021. According to the screenshots published on your gitbook, there were 5 total findings, 3 minor issues and 2 informational issues. When I access the audit report from the given link, I saw that those issues are yet to be resolved even after seven months. Audits will be productive only if projects resolve identified issues. Why didn’t you pay attention to the report and apply appropriate solutions? Do you believe that those issues are negligible and there will not be any security threat to the investments? Can you deeply explain the nature of these problems?
I noticed that you have imposed a transactional gas fee, a network fee, a burn fee and a deposit fee. Although you have mentioned about the percentages of each fee, it is not clear that when does the platform charge a transactional gas fee, a network fee and a burn fee. Are these three types of fees relevant to every buy/sell/withdraw transaction? Can you deeply explain about the fee structure? Moreover, why didn’t you impose a withdrawal fee to encourage users to keep their holdings? Are there any benefits associated with a zero withdrawal fee?
Defi space in general can be very cumbersome and quite confusing to many,more especially to us newbies and as thus, you meantion that TEN Finance aim is to bridge this space or simply its process to us, as a measure you’ve created a seamless and streamlined process in staking our assets to earn a rewardingly high Annual Percentage Yield(APY) in the simplest and safest manner while ensuring sustainable growth within TEN Finance. Please what are this seamless and streamlined process you’ve created, can you give us a careful expansion of it? Does it require any fee to use the process? Has it been launched and ready for use? How is the operating procedure?
Going through your Google page,I got attracted by two key features and interesting value benefits mentioned, “staking” and “simple”.
Staking you said “users can stake TEN tokens and earn TEN rewards” and so my questions are, What benefits do users who stake TEN tokens receive apart from the reward? How much is the minimum time we can stake? Can we choose to unstake at any time? Since staking TEN tokens comes with a reward, is it a first come,first serve system?
In Simple you said “users will have a clear and simple website that is easy to understand and use” will the website be one website per one user or a website for all users? How well design and functional is it? What is the quality content of this website? What is its accessible %? Thank you
What are the most viable options offered by Ten.Finance so that its holders can obtain a greater return on their investment, what is the reason that motivated them to choose Binance Smart Chain as a pillar of its structure, in these moments what are the weaknesses that it needs Do you have to continue its evolution and achieve long-term projects?
You have provided another way for users to earn additional passive income through simply staking your $TENFI tokens which is known as the “TENLots” which means a limited number of “lots’ available for $TENFI holders,and there are three different tiers of “TENLots” which are Bronze,Silver and Gold were users can claim as long as they have $TENFI token in an LP.My question is, since this “TENLots” is available to holders of $TENFI token providing additional revenue for them,how will the fees be generated?Will users be able to withdraw their tokens in each of the tiers daily or it has a time period for that?You also said that the TENLots create a mutually beneficial relationship between $TENFI holder and TEN Finance.Can you please explain how such relationship is build? Thanks
I noticed from TEN Finance Telegram group the various ways you have adopted to attract new investors to your platform.You have done a learn and earn Campaign with BSC News,you did CMC airdrops and art contest.I must say that is an impressive way to attract investors.So can you tell us more about this learn and earn Campaign,what was the purpose of it?Will you also have any Campaign soon so that we in Satoshi Club can also learn and earn?How was the Campaign done,was it done via your group or was it a live Campaign?And after this AMA definitely you are going to have new investors,so will you also airdrop $TENFI token as a way of welcoming new investors?Can you also talk about the Art Contest how did it go,does that mean in the future you will introduce NFT into your platform?Please kindly explain Thanks
The problem in yield farming is that users with small funds might be at risk because whale investors have more control over the protocol than investors with little funds,it also have other risk associated to it like price risk,increased gas fees,strategy risk.So how will TEN Finance play a notable role in this regard to manage the various risk associated with yield farming?How will your YIELDEX vaults help in this regard?Is the YIELDEX vaults available now,if no when are you planning to launch it? Thanks
It caught my attention the fact that TEN Finance has a product called YIELDEX, which will allow us to “Diversify our portfolio with just 1 click”. So, can you tell us more about this product? How does it really function to be able to work with “Just 1 click”? How will it allow us to diversify our portfolios, and also how many options do we have for this diversification you talked about? Most importantly, what do we need to do, or pay, to diversify our portfolios with YIELDEX? Will this product be easy for us to use regardless of the knowledge we have about crypto and DeFi?
I read that with your new YIELDEX you can diversify your portfolios with a single click. I have read of some projects that have taken a micro-investment approach to generate higher income. My question is, in what ways do you help users increase the returns they can earn? How do you manage to grow TEN Finance users’ portfolios into safe and solid returns?
I saw that TEN Finance’s slogan is “Decentralized Finance, Simplified”, but sometimes when people talk about simplification it could mean lack of something, whether if it’s security, options or even opportunities. So, that being said, I was wondering, what does DeFi Simplified really means to you? How does TEN Finance achieve this Simplified side of the Decentralized Finance without risking any other aspect of the project and what DeFi can really offer to people? How do you make possible to have a Simplified DeFi space while also providing every possible aspect of it and not neglecting other aspects at the same time?
YIELDEX, TEN Lots and TEN Stake are three of the features TEN Finance has available for investors right now. That being said, I was wondering, since TEN Finance is all about Simplification of the DeFi Space; how easy is it actually for investors, especially new un-experienced ones, to use these three features? Can someone with little experience, use any of these three features and not perish alongside their funds in the attempt of doing so? Do you have any kind of guidance for anyone who needs it on how to simplify their lives with TEN Finance and this features?
One thing that surprised me is that this project is powered by a high-profile platform, Binance Smart Chain. As we know, Binance is the most relevant platform in crypto, so would you explain what is the exact relationship between Binance and Ten Finance? Is there direct involvement from Binance’s developers in the making of your platform? Do teams overlap? Or is it an entirely independent entity? Please elaborate, thanks.
What do you consider to be the most cumbersome aspects of Defi and what are the most viable proposals presented by Ten.Finance for investors to obtain the best results in their YielDex, in which we can differentiate Ten from other projects, which is the greatest commitment What can Ten assume with its investors, the decentralized system and the cryptographic culture worldwide?
Biswap Allstar, High Yield, and Premium are the three different Liquidity Pools that are available on Ten Finance. One thing they have in common is that they have high APYs, with 148.13%, 153.74%, and 43.71% respectively. High APYs like these are not sustainable over long periods of time (as seen in many other, now nonexistent, DeFi protocols). So how will Ten Finance manage these pools? And how can we trust that the APY will remain as it was when we first invested? What is the economic model, and how will it sustain these high yields?
I noticed that there is a TENFI percentage listed under the APYs on each Liquidity Pool. The TENFI percentage varies in every LP, no matter the APY, so it is confusing to try to understand what it means. Please explain, what is this TENFI % listed? Is it arbitrary? Or is it tied to external factors? How will investors make use of it and benefit from it? Is it some type of reward for using the LP? Is it a yearly percentage?
What is your strategy to attract new investors and participants to your platform and maintain a high level of attraction and dynamism that encourages and promotes staying in the project in the long term, what are the characteristics that a farm must have to be considered high-caliber For users of our platform, what is the way to achieve a gratifyingly high but modest APY in the simplest and safest way?
TEN provides a robust performance-to-market environment while committing to provides a robust performance-to-market environment while committing to simplicity, sustainability, longevity and safety. How is TEN working to achieve simplicity, sustainability, longevity and security? What features and products will allow TEN to achieve this?
TEN Finance is a performance optimizer, which means that we create vaults from multiple / different AMM / DEX and therefore autocompose these vaults so that users get higher “optimized” returns and also reward our users with TENFI tokens. How does the TEN Finance Vault system work? What benefits do they offer? How do you cultivate the yield?
TEN Finance has a very interesting product YIELDEX, They took the words Yield, we are referring to the Yield Farming and Index, which is a selection of components that will provide the respective groups of liquidity for yield agriculture, therefore, YIELDEX was born! (Yield + Index = YIELDEX). What is YIELDEX? how does YIELDEX work? What are the benefits of YIELDEX? Who can use YIELDEX?
Security, for TEN Finance, has been a key factor from the beginning. I believe that, since March of this year, they were one of the first, if not THE first project, to get an audit pre-release from Certik. While I believe that audits are a good way to evaluate the project, it is not everything. How does the TEN Finance project provide security to its users? What are the characteristic tools and products that they have to provide security? Are they a very secure platform?
With YIELDEX users can supply liquidity to multiple LPs and get to choose the type of the YIELDEX they want to invest in like Stablecoins, Premium Tokens and High Yielding Blue Chip Tokens. Also Each Yieldex will have between 6-10 constituents. What are the requirements to invest in each of these types of the YIELDEX, namely Stablecoins, Premium Tokens and High Yielding Blue Chip Tokens and what rewards/income do they offer investors? Can you tell us the coins and tokens In these different YIELDEX? Lastly briefly explain how the 6-10 constituents of each YIELDEX work?
Surprisingly, your circulating supply at launch was 0 and there were no pre-mine or allocation to team or anyone else. Therefore, everyone had equal opportunity to purchase tokens from the first day. Due to this new model, did you face any issues at the beginning? On the other hand, did you get some benefits with this structure? How did you raise funds without initial investments? This method is totally different from the tokenomic structure of other projects. Do you have any plans to introduce this type of new models in due course?
You have scheduled an event called “Random Bonus Days to APR” to this quarter. I have never heard about this kind of feature. Could you please give a sneak peek of this random bonus days? Do you offer a higher APR on bonus days? Further, I noticed that milestones scheduled for the third quarter are yet to be achieved. What is the reason for that delay? Do you assure that your team will work efficiently to achieve future goals?
Ten Finance provides functions where users can withdraw their LP tokens in case of an emergency. How does this emergency withdrawal function work and how can users go about the emergency withdrawal? What events or scenerios will users be able to utilize the emergency withdrawal function? What other measures have you implemented to ensure the safety of your ecosystem and users assets? Thank you.
You have highlighted that TEN Finance “simplified” the decentralized finance. Prior to the launch of the project, did you conduct any research on existing platforms? Did you notice any complex features? Please deeply explain how does TEN Finance simplify DeFi and what are the differences between TEN and similar platforms.
One of TEN Finance’s products is YIELDEX and according to their website, with their new YIELDEX the user can diversify his portfolio with a single click, pair and un-pair 5, 10 and even 20 LPs at a time, but could you tell us, what determines how many LPs a user can Pair and un-pair, what are the requirements for example to pair 20 LPs at a time?
I read that TEN is a yield optimizer that simplifies staking and yield farming by auto-compensating your LPs and tokens across multiple BSC farming ecosystems, so, could you tell us, how your goals will align to keep the process simplified and could you also tell us, how TEN determines, which farms are really high caliber for the user?
While analyzing Emergency LP Withdrawal process described meticulously in your whitepaper, we see an easy 4 step guided operation, however there’s no additional information on the conditions when a user can withdraw LP tokens or the taxes that have to be paid in surplus. Could you provide more information on that as long as minimum term when a token must be kept before getting a right to withdraw in emergencies? Thank you!
I read that TEN Finance aims to be a vanguard in decentralized finance, so could you tell us, what elements ensure that TEN maintains a truly sustainable growth, optimal performance with maximum security, but at the same time, guarantee the longevity of the TEN ecosystem, allowing it to adapt and evolve in the DeFi space in order to meet its planned objectives?
TEN Finance tokenomics look special once compared to similar DeFi finance projects. Could you justify why TEN does not allocate any percentage of its token to team members at launch but will only earn them as development contribution following stakeholders allocation from the yields earned on the ten.finance platform? Does it lead a goal to continously develop the project in order to stimulate your team members? What can it bring to users from your perspective? Thank you!
During these days a project cannot be limited to only one chain, so apprt of the powerful Binance Smart Chain, ten finance will add other networks to operate? EVM-compatible?
TEN FINANCE will launch TEN lots, then the TEN Lots are a limited number of “lots” available to TENFI holders that will provide them with an additional income stream through the deposit fees generated by the YIELDEX vaults. What is Ten Lots? What are the benefits of Ten Lots? How do they work? What will be the percentage of additional income through Ten Lots?
A project that want success needs to have a proper marketing work to attract many users as possible, so can you tell us how many regional community or languages Ten finance is able to support?
TEN FINANCE has a TENSure product that is something they are working on that will provide insurance coverage against their TENFI tokens and further incentivize TENFI token holders. What is TENSure? How does TEnSure work? What advantages does TENSure offer? Requirements to enter TENSure?
I read the whitepaper and am perplexed about TEN Lots. Could you explain the TEN Lots Process to us? How do we make a claim and then withdraw it?
During these days there exist a lot of good yield farming projects that offer awesome rates and security, so can you tell why users should chose you over others?
I was looking at your roadmap and noticed that you’ll be integrating a service called “TENsure.” Could you explain what this is?
What do the letters in TEN stand for? TEN provides a robust yield earning environment on the market while committing to simplicity, sustainability, longevity and security. Is the acronym related to that?
TEN was launched to create a truly sustainable, yet beneficial model that would ensure the longevity of the TENFI ecosystem. What features of this ecosystem can help it last long term, and keep being valuable as an income generator?
I read that TEN Finance had a Certik Audit and that in September the Peckshield audit was completed, but it is well known that there have been projects that even being audited by large companies, have presented problems, then, could you tell us, what other measures besides the audits already mentioned, have you taken in TEN Finance, to protect the assets of its users, reduce potential vulnerabilities of their contracts and prevent any malicious attack?
Ten.finance is a decentralized finance simplified trying to innovate cryptocurrency with YIELDEX, the first ever vault that allow yield farm with multiple LPs. We know alot of effect in providing liquidity like Impermanent loss which occurs when the ratio of the tokens in the liquidity pool becomes uneven. What has Yieldex brought into crypto to reduce the risks of providing liquidity? If everything went as planned and $TENFI token hit $1, what do you think will happen to liquidity that has been provided now, do you think it will not lead to impermanent loss? I saw some discontinued liquidity on your platform, what normally happen in such a case, is there any effect in the provided LP?
partnerships are important and in most cases add value and generate more trust among users, I understand that TEN Finance is currently looking to establish mutually beneficial partnerships, so could you tell us, what kind of partnerships are you looking for and what would TEN Finance offer to its partners?
I read that the Supply in circulation of TENFI tokens at launch is 0, that there is no pre mining and no allocation to the team or anyone else, that everyone has equal opportunity to buy, bet, farm and claim TENFI tokens from day 1, so could you tell us, why you decided to make this decision, how you will avoid that whales and bots will be the favored ones and the owners of the most tokens, also could you share with us the tokenomics and if possible, explain us how the TEN Finance core and development team will be rewarded for the creation of the project?
I saw a feature on your platform which is new in cryptocurrency market YIELDEX. You stated that users can pair and un-pair 5, 10 and even 20 LP’s all at once, I want to know the meaning of this, does that mean users can peg up to 20 tokens in a liquidity at once? To be at a safer side, the ratio of tokens LP provide must be balance even after so many days of provision, do you think up to 20 tokens in a provided LP will maintain the same ratio for a long time? How will YIELDEX work in details? Is there any difference in staking tokens in another platform, or what does TEN Lots brought for users to convince them?
DeFi in general is quite confusing and can be very cumbersome to most of newbie in cryptocurrency where there are alot of fake yield farming in the market. How will TEN provide simplicity to user’s assets staking to earn a rewarding high APY in the simplest and safest manner? How will you sustain the growth with your platform across multiple farming ecosystems and optimizing returns for maximum yields in a safe, sustainable and robust manner?
TEN Financial Services Is there already a precise plan in place for how you want to accomplish innovation and become the forefront of decentralized finance?
You said that BSC has the ability to outperform the Ethereum Network and that having TEN on BSC facilitates user adoption. However, when your project grows, don’t you think about using cross-chain technology?
According to the plan, in order for TEN to progress, additional currencies for staking would be added. Could you elaborate on that? What new currencies will be available?
One of the most significant obstacles or constraints in cryptography is a lack of education. What measures will TEN Finance employ to educate and facilitate new users’ adoption?
YIELDEX is a new product that TEN Finance has, which allows you to diversify your wallets with a single click. In some projects that have adopted a micro-investment approach to generate more income, could you tell us a little bit more about one-click diversification? Could you mention those wallets, you mentioned that in some projects, what would they be? Those projects where your approach is micro-investment? how do you help users increase the returns they can earn? how do you manage to turn TEN Finance users’ portfolios into safe and solid returns?
TEN Finance has 3 features available to investors which are YIELDEX / TEN Lots / TEN Stake. has to do with simplifying the DeFi space How easy is it really for investors, especially new inexperienced ones, to use these three features? Does TEN Finance have a total player ownership economy that allows you to sell and exchange your gambling assets for digital currency? How could your NFT marketplace interpenetrate into this economic model?Can non-crypto users play?
Can someone with little experience use any of these three functions and not perish along with their funds in the attempt to do so? Do you have any guidance for anyone who needs it on how to simplify their lives with TEN Finance and these functions?
As at now, the major product of TEN Finance is undoubtedly YIELDEX, and TEN Finance has done well to properly market it. However, todays DeFi user will most certainly consider diversity with their investment choices and decisions. Therefore, what are your plans to roll out products that will complement or better still improve on the qualities and performances of your current products (YIELDEX), how will TEN Finance help investors with products that cover all of DeFi’s available markets? Since DeFi is broad and extremely robust, will you consider expanding your services to niches of NFTs, gamefi and Content management?
TEN Finance recently organised and concluded a Meme Contest for community, members and there are plans to organise more of these events as development intensifies. May we know some of your plans asides these contests, that will seek to promote and encourage healthy use and adoption of your products by your community? How will TEN Finance encourage total community participation in major projects decisions, will you look to create a sort of DAO governance model within your community?
TEN Lots are another way to earn additional passive income through simply staking your TENFI tokens!,
And they have three different Tiers of TEN lots depending on amount of $TENFI tokens a user haS. Bronze, silver and Gold, and each tier has limited lots.
And Also a percentage reward for Vesting a period of Time.
During this vesting period, Can a user unstake at any time, or will have to wait to till a particular vesting period is completed?
Are there any gas fee for unstaking?
Do you have a referral staking option?
Each YIELDEX will comprise of 5-8 LP tokens, from multiple AMM’s, allowing for diversification & simplicity while earning LP rewards along with TENFI reward tokens.
SLP YIELDEX – Stable
LPPLP YIELDEX – Premium
LPHYLP YIELDEX – High Yield LP
What are the major benefits of YIELDEX?
What are the difference between the SLP, LPPLP, and LPHYLP YIELDEX?
Wat are the general effect of YIELDEX on your general Ecosystem?
In reference to Your roadmap Q4, TEN Future,
There’s TENSURE and TENLEND design and idealation
Can you please elaborate on these two..
When are we to expect these features? cause there’s no date for the road Map, Q4 to begin
And also on your possible Cross – chain farming, why use the word possible? Is it not a sure project like TENLEND And TENSURE Features?
No Presale, No Private sales, No pre mine, No allocations for team or any one else But everyone has equal opportunity to purchase $TENFI tokens from day 01. This makes me stay in Lot of Question, So How much is the total supply of $TENFI tokens? Is it a limited supply or Unlimited supply? Which exchanges are $TENFI tokens currently listed, Can users buy $TENFI tokens directly via TEN Finance website? Without regulated $TENFI token supply, How will you control the inflation rate on $TENFI token? As well as You have not allocated a portion of $TENFI for your team members & Development team. So how will they be paid on behalf of their services?
I would like to know more details about TENDEX & TENSWAP functions that you will integrate by the end of fourth Quarter. Can you give us a introduction in a nutshell about The TENDEX & TENSWAP? Will Your TENDEX & TENSWAP be compatible with Cross chain interoperability? How many currencies will you integrate in to Your DEX & SWAP? What should project owners do if they want to list their tokens on TENDEX & TENSWAP?
Let’s talk about TEN Finance Staking & Farming Protocols. I am aware that I can Stake my $TENFI tokens to your Staking & Farming pools. But What about other main currencies, Can I use $BNB, $BUSD, USDT etc…? You also promised to users that they can unstake their money at any time just like others. Can we really unstake our money at any time ,we want? Or will you lock the staking & farming funds to avoid the falling the price of $TENFI token? Please share the harvesting schedule & the APRs for each of pools respectively?
With the Ten Finance feature which is Ten Zap,there is a disclaimer says that TENZap, as with any other DeFi project is in Beta, please use at our own risk and we must make sure we are aware of the risks involved. So,why does this feature still in beta test and what risk we can expect while using this feature? Any option you can offer to users to avoid risk in using Ten Zap? Can you tell us the mechanism of TenZap and how can we make profit from it? Thank you
TEN Finance
It is interesting to know that users in the future can benefit from the additional passive interest by betting token.
Can you explain to us about how TENFI token betting works?
And what are the benefits it offers?
Subsequently TEN Finance have conducted two audits with Certik on March 18, 2021 & with Peckshield on September 28, 2021. Seems, for 6 months two audits were completed & you consider Safety first concept. Can we look on the audit reports which audited by Certik & Peckshield institutions? Will you conduct more audits & Bug bounty competition in future to enhance the safety of your smart contract?
According to the TEN Finance whitepaper, you have imposed four types of complex fees called Gas fee-0.3%, Network fee- 0.5%, Burn fee- 3.0% & Depositing fee- 0.1% within TEN Finance ecosystem. What are these fees? Why didn’t you make it as a single transaction fee like other DeFi projects? How will this fee system work in your project? Usually Some investors don’t like the multiple fee system. How will you get their tendancy towards the TEN Finance project?
It caught my attention, You have not yet compromised with Other valued DeFi projects to collaborate partnerships. Is it enough to collaborate with Certik, Live Coin Watch etc..? When will you partner with leading DeFi projects in crypto Sphere? By partnering with famous projects, TEN Finance will be able to enhance their capabilities. So What do you give your partners for raising you in a stabilized tier?
It got toy knowledge that TENFI Price Live Data today is $0.102207 USD with a 24-hour trading volume of $301,505 USD.And also TEN is down 17.56% in the last.how will TEN platform yield multiple farming ecosystems and ensure that $TENFI ecosystem continue and aim at being a vanguard in decentralized finance? Please I need to be clear on this
How will TenLend consolidate the ecosystem and ensure that holders are rewarded?
What are you planning in terms of marketing to promote the project? (Other than AMAs)
Can we expect TenFinance to come closer to becoming a DEX/AMM?
I saw that a TenSwap was in the works, maybe the transaction fees could be harvested for TenLots
I see that TEN Finance was being audited by Certik last Mach 18, 2021 and again on May 19, 2021 and also it was audited by Peckshield last September 28th, 2021. So,why does your platform was audited by Certik in two times? Any issue or problem with regards your smart contract or in your network? As your platform was audited by Certik twice,why you still need to be audited by Peckshield? Any reason behind of the third and last audit conducted by Peckshield? Since the audit of Peckshield was already completed,how was the result of the last audit with them? Thank you