Month: October 2021

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Maison Capital and our guests were @jc_maison and @janefosters. The AMA took place on 21 October.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram community

Mary | Satoshi Club: Hello  Satoshi Club! We are happy to announce our AMA session with Maison Capital! Welcome to Satoshi Club😀

D. | Satoshi Club: today our guests – @jc_maison and @janefosters !

hi guys! happy to have you in Satoshi club!

how is it going? 👀

Jane Fosters: Thnak you for inviting us! We are very happy to pariticpate in AMA with you. Let’s begin!

Mary | Satoshi Club: Welcome to Satoshi Club 👏

We are happy to see you here today 😊

And let’s begin!

Could you please introduce yourself and tell us more about Maison Capital 😀

Jane Fosters: The idea of Maison.capital creation appeared after our user-experinece with other launchpads. We’ve seen their downsdies and deficiencies and understood that we can make better. Maison is something more than just a launchpad. In Maison we tried to make easier the innteraction with the platform and made a comfortable interface for the user. Also, we’ve added cool benefits, to expand our token utility: farming, staking, referral program\ smart vaults and many other features, with them you can get aquainted in our AMA session.

D. | Satoshi Club: nice! kinda curious to find out more about all your functionalities 😉

Mary | Satoshi Club: So many features in one platform 👍 it will be interesting to see it live. Btw, is it already live?

D. | Satoshi Club: also, could you tell us a few words about team behind the project? 😊

Jane Fosters: Some of the features are already working (staking,farming pools, expanded referral program). Also, tomorrow our first launch of IDO wil be held, the other features will appear considering our roadmap on our website.

D. | Satoshi Club: [ 👍 Sticker ]

Mary | Satoshi Club: [Cool👍

Jane Fosters: We will be happy to tell you more about our unique tools that we already have and that will be realised in the future 🙂

Mary | Satoshi Club: Sure👍

D. | Satoshi Club: @janefosters do you want to add something else to this intro, or we can open the first part of our AMA? 😇

Jane Fosters: we are a very  high-experienced international team

Let’s start!

Q1 from Telegram user @Orlemys

Nowadays there are many protocols with plans to become the All-in-One DeFi App. They offer everything, from utility tokens to launchpads, and even NFT Marketplaces, it is truly mesmerizing. It seems to me that Maison Capital has a similar purpose, so why should we invest in this project in particular? What makes you stand out from the crowd? Are there more benefits and rewards in this project? Will the token value reach astronomical heights? Why should I invest?

Mary | Satoshi Club: 👀

Jane Fosters: We know that many projects have their unique features in the market. The feauturs that differ us from other launchpads is our unique 5-level referral program, where you can earn additional $MSN tokens. The refferal programm is used in staking, farming IDO and smart vaults. You can use it approximately on all tools inside the Maison’s ecosystem.

Mary | Satoshi Club: Interesting feature!

Jane Fosters: Also, another one of our unique feature is…

Despite the other launchpads on the market we want to make a whole ecocystem for traders and investors, the amount of which is very big now

Mary | Satoshi Club: That’s awesome! Hope you will be able to build it!

Jane Fosters: Moreover, we are one of the launchpads that saw the potential of CIS market and we are successfully developing in it.

Mary | Satoshi Club: 👏

Thank you for your answers! Ready to go to the next question?😄

Jane Fosters: If speaking about the perspective of token growth. Currently, the project is only on its start (1 month)  and has small capitalization.

yes, we’re ready

Q2 from Telegram User @chinyere2020           

According to your website, you have DeFi and NFT investment packages. Can list and explain the available investment packages that are available? Are the investment packages available for every user? What is the minimum required for an investor to invest in any of your investment packages? Do users or investors stand any risk of loss of investment and how can such risks be managed? What is the difference between your “DeFi and NFT investment packages” and your “Smart Venture Vaults”?

Jane Fosters: These packages currently are not available yet. We are still working on them,  we will tell you more about those projects more closely to its launch.

Mary | Satoshi Club: Gotcha! We will wait for the updates from you!

Ready to jump to the next question?😄

Jane Fosters: the difference in the vaults is the variety of assets inside the particular vault.

bring it

D. | Satoshi Club: 💪💪💪

Q3 from Telegram User @NataliyaKil

I learned that every user and the community as a whole is very important to Maison Capital, so you developed a tiered referral program. Can I see a table of the distribution of rewards for referrals somewhere? For how many generations down will I receive rewards and what% when inviting new users to Maison Capital? What is the main condition my abstracts must fulfill in order for me to receive a reward? And is there a limit on the amount of referral link I generate?

Jane Fosters: Great question! You can see all the benefits and conditions in the link: https://maison.capital/maison_influencers_en.pdf

D. | Satoshi Club: so how referral system works? have you implement any protection against people who try to cheat the system, using bots or something else to gain their referral score?

Mary | Satoshi Club: It’s written there that number of rewards can decrease. Do you have straight conditions when this will be possible?

Jane Fosters: In order to receive a referral reward, it is necessary that the partner you invited invests in staking, farming, IDO or smart vaults. Then you will receive a bonus in accordance with your status and rank in the system.

D. | Satoshi Club: oh, gotcha. smart 😊

Mary | Satoshi Club: 😄

Jane Fosters: The project is not negatively affected if users will make multi-accounts. For this, you need to purchase tokens, get a rank, which is not profitable for bots.

D. | Satoshi Club: understood! thank you! we proceed to the next question 😊

Q4 from Telegram user @Lestmarisv13

All members of the Maison community can influence company decisions regarding the allocation of funds and profits, the direction of development, and other factors that determine community success through voting. Requirements to participate in governance? Who can access governance? What kinds of decisions can the community participate in?

Jane Fosters: Regarding the reduction in the size of the awards. It means that when the rate increases, MSN can reduce the size of the award in MSN, but the dollar equivalent will also be 5% of the amount for 1 line

Mary | Satoshi Club: 👍

Jane Fosters: Good one

All members of the system who have a $MSN and also depending on the status. The community can participate in the selection of a project for IDO, in the further development of the project and in the selection of tools for implementation on the platform. We also have an investment fund and the community will decide where to use these funds.

Mary | Satoshi Club: How many tokens user need to hold to participate in governance?

Jane Fosters: We will share more details closer to the governance release and features that will be involved in it

D. | Satoshi Club: [ 👍 Sticker ]

sounds good

Mary | Satoshi Club: Gotcha 👍

Thank you for your answers! Ready for the next question?

👀

D. | Satoshi Club: while we are waiting for the answer, i will post the next question 😉

Q5 from Telegram user @Cheriemike

The AI based robotic system can sometimes be able to generate indexes automatically and quickly redistribute funds to obtain stable profitability.And your platform have promise to provide its users with the opportunity to invest in such indexes.My question is,what key strategies will you provide for users in other for them to obtain stable profit when they invest in the Indexes you will provide?Apart from indexes,will your AI system analyze vast amounts of historical data to identify the best performing pools, eliminate risky pools, find the best entry point and arrive at the optimum position? Thanks

Jane Fosters: To participate in the polls, the user must receive at least the first status by sending $ 100 MSN (Life Peer) to staking or farming. More details about the ranks are written on our website: maison.capital

Mary | Satoshi Club: Thank you 👏

Jane Fosters: Analytics and processing of a large amount of data(big data) that the average person would not be able to handle. There will be many smart vaults to choose from, with different strategies and degrees of risk.

Mary | Satoshi Club:  Thank you for your answers! Ready to go to the 6th and last question from this part?😄

Jane Fosters: yes, let’s continue 🙂

Q6 from Telegram user  @MudaraSilva

You have planned to launch a vault called “Sir Cecil index vault” in the next quarter. Although I have heard about many vault types, I am not familiar with this type of vault. Can you give a sneak peek of this feature? How does it differ from other vaults on Maison Capital? Moreover, your roadmap ends from the Q1 of 2022. Compared to the current situation of your project, how do you see yourself at the end of the first quarter of 2022? Don’t you have any longterm milestones to achieve? What type of ecosystem can users expect at the end of the development activities of your project?

Jane Fosters: We do not disclose details about the “Sir Cecil index vault” at the moment. As the goals of the project are achieved, the roadmap will be supplemented. There are, of course, long-term goals, and we strive to become the most popular and convenient ecosystem for investing in the cryptocurrency space.

Mary | Satoshi Club: We understand!

When everything will be ready don’t forget to share with us ☺️

And we will have live part now 🎉🎉🎉

Part 2 — live questions from the Telegram community

Q.1 from telegram username @LMGalaxy20

Hello Sir,

How much is the total Supply of $MSN tokens? And Can you Share Contract address of $MSN token with investor’s? Does  $MSN token Support BEP-20 Address? Would you Share some information with user’s?

Jane Fosters: Total supply of $MSN is 10.000.000 and it is constantlly decreasing beacuse of 0,5% burn.

Contract adress: 0x631b92596bc7f5c4537f1a7cd4caef2db0d3000d

Yes, MSN tokens support BEP-20 (BSC).

Q.2 from telegram username @iam12312

Is any Project aligned for launching on Your Platform ?

Jane Fosters: yes, tomorrow the IDO will be held on our platfrom

With more details you can get aquanted here: https://app.maison.capital/launchpad/meme-king

Website of the IDO project: https://memeking.games/

Q3. from telegram username @munishgmr

Last $MSN passed Techrate audit, were there any issues with it?

Please tell more about the report?

Jane Fosters:

Our project has successfuly passed the TechRate audit, more detailed aquantance of the audit you get here:

https://maison.capital/maison_capital_audit_report.pdf

As you can see, all the high, medium and low security issues were passed successfuly

Q.4 from telegram username @JaviSuBs

Maison Capital, how safe is your smart contract? how many audits did your contract go through? How can we become an influencer, what are the steps to follow? What do influencers get and how do we get more $ MSN tokens? How is rank level managed in your project? @janefosters

Jane Fosters: We take security seriously and already passed one audit and plan to do more because our community is heart of the project

Regarding influencer program we had professional influencers working on it and we care to benefit every participant of the platform and reward them for their impact. You can apply to become an influencer through the form at our website maison.capital and check all the benefits and details in our influencer proposal offer that are attached on the form

Q5. from telegram username @DidoJ56

Hi🙋‍♀✋🧕

Where can I buy MAISON CAPITAL token and will KYC be required for registration and what is the minimum token needed for investing?

Jane Fosters: You can buy $MSN token on PancakeSwap (https://pancakeswap.finance/swap?outputCurrency=0x631b92596bc7f5c4537f1a7cd4caef2db0d3000d)

You do not nedd to pass the KYC registration.

The minimal status (Life Peer) on the platfrom is 100 $MSN, which need to be in staking or farming.

Q6. from telegram username @labsea

As I explored the website Maison Capital project is really promising but how do you plan to raise awareness for Maison Capital project to people who still don’t know it and reach more investors and holders?

Jane Fosters: Thank you for this one. There is high skilled team working on our marketing every day. Besides that we believe that our beneficial referral program (https://maison.capital/maison_influencers_en.pdf ) will help to gain explosive exposure because we are strong as each memeber of our community

Q7. from telegram username @tomo_fan

I don’T see any Farming/Satking Program on the Platform which many users love,

Do You plan to bring Farming/Staking any time soon?

Jane Fosters: Farming and staking work on the platform, all pools can be seen at the link: https://app.maison.capital/pools

To see the size of rewards by pool, you need to connect your MetaMask to the Maison platform.

For successful farming and staking use the following Medium instructions:

Staking: https://maison-capital.medium.com/how-to-send-msn-to-staking-dcaf6f18d0f1

Farming: https://maison-capital.medium.com/new-staking-and-farming-pools-are-now-open-bb45cb3c5a06

Q8. from telegram username @tahanisg

– What does it take to become a Maison Capital influencer? Do I need to have a specific number of followers? In which social networks do you require influencers?

Jane Fosters: Now a large number of good influencers from different sites Twitter, telegram, youtube are joining the Maison project. If you want to become a Maison influencer and collaborate with our project, you need to have a real audience and no markups. We control this carefully and do not support bots. We are always glad to cooperate with good influencers.

To become an influencer you can fill out the form on our website: https://maison.capital/

Q9. from telegram username @jazzmusic2000

Is the user interface of the Maison Capital platform accessible and user friendly for those users who are just starting out in DeFi? Do you have tutorials on how to use your platform?

Jane Fosters: Yes, we tried to provide the community the most user-friendly interface at our platform and we already have a lot of tutorials regarding all the features which are already implemented. You can check our medium to see everything by yourself

✅ https://maison-capital.medium.com/

And if you’ll have any questions left – our admins and community mods will be happy to help you with everything 😊

Q10. from telegram username @Crypto_84

Your Referral Program is out for IDO, Can You provide more information on this?

Jane Fosters: If your referral link is used to invest in IDO, you will receive referral bonuses for 5 levels in BUSD. The referral link can be found in the cabinet (dashboard) on the app.maison.capital.

You can read more details here https://t.me/maison_capital/39732

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Chinese Telegram group: https://t.me/satoshi_club_cn/

Indonesian Telegram group: https://t.me/satoshi_club_indonesia/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Telegram: https://t.me/maison_capital         

Twitter: https://twitter.com/maison_capital

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from TrustedNode and our guests were @NicSpu @Gniar and @srust99. The AMA took place on 21 October.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram community

Mary | Satoshi Club: Hello  Satoshi Club! We are happy to announce our AMA session with TrustedNode! Welcome to Satoshi Club😀

Jonah 🏅🎹 | Satoshi Club: @NicSpu @Gniar and @srust99 welcome to Satoshi Club 👏

Stefan Rust: thank you

JST: Thank you Jonah for having us here

Stefan Rust: glad to be here

Mary | Satoshi Club: Welcome here, guys! How are you today? 😀

Stefan Rust: doing great

Mary | Satoshi Club: Excellent! So, now we can start our AMA 🚀

And let’s start with intro 😀

Could you please introduce yourself and tell us more about TrustedNode?

Stefan Rust: I am Stefan, the former CEO of bitcoin.com and have been in crypto since 2012.

I’ve been building developer communities around the world for globally leading technology companies pretty much all my career, both as entrepreneur as well as for Java at Sun Microsystems.

At Trusted Node we have pulled together an amazing team with an aggregate 30+ years of experience in crypto and then in technology as well. The team have been leading product management, development and marketing with leading companies including bitcoin.com, crypto.com, Nest, Horizon, AAX, Amadeus.

Mary | Satoshi Club: Wow, legend 😀 happy to e-meet you 👍

Jonah 🏅🎹 | Satoshi Club: 30+ years is awesome

Stefan Rust: yeah we got an awesome team

super happy to be working with a truly passionate and committed team and group of decentralized believers

Jonah 🏅🎹 | Satoshi Club: 👏.. Are you all from same region?

Stefan Rust: nope we are a global team, comprised of Americans, Japanese, Chinese, French, Venezuelan, Brazilian

Stefan Rust: oh and an English

Mary | Satoshi Club: What is TrustedNode? Your main goal? Why crypto needs your project?

Stefan Rust: Simply said, Trusted Node allows users to become node validators by staking their assets through our platform, keeping control over their funds at all times

When you delegate your funds to a validator node to secure the blockchain, your funds are locked up. With liquid staking you can free up your funds to earn additional rewards, while keeping base capital untouched.

we are looking to 1. secure the networks, 2. increase efficiency of securing the networks

efficiciency of capital while securing the networks

Mary | Satoshi Club: It’s attractive and promises us additional financial freedom

Stefan Rust: as PoS started to grow, i found that i had staked my crypto in so many chains early on where the only way you could interact with the chains was through CLI

so 1. it was complicated and the UX was challenging

Mary | Satoshi Club: Which PoS coins did you stake?

Stefan Rust: 2. a lot of people leave their crypto on exchanges, and it is not adding value to the ecosystem and not paying rewards nor capturing potential airdrops, and exchanges are not alwasy focused on maintaing the nodes and don’t necessarily pass that on to their users

Mary | Satoshi Club: True😀

Stefan Rust: so we want to make it easy to use and share the rewards with the users and then “boost” those rewards with yields and provide governance particpation

Jonah 🏅🎹 | Satoshi Club: Yeah totally correct

Stefan Rust: Eth2, cosmos, DVPN

Mary | Satoshi Club: Your goals are impressive😀

Stefan Rust: that was after mining

Mary | Satoshi Club: Oh, early staker, now it’s much easier to stake Cosmos, for example

Stefan Rust: we really believe in a multichain decentralized world

yes especailly if you use the keplr wallet, you can stake straight from the wallet

Mary | Satoshi Club: You read my thoughts) that’s directly what i do

Stefan Rust: it’s super easy and you see the list of validators and you just “bond” your token with hthem and can even through the wallet claim your rewards at any time

Jonah 🏅🎹 | Satoshi Club: Yeah… Super easy indeed

Mary | Satoshi Club: 👍

Thank you, guys for your impressive intro! Now i am even more excited to read your answers to the questions from our community 😀 we choose 6 for the first part.

Stefan Rust: so we’re looking to combine the best of multiple worlds into a user interface so you can mange from one interface across multiple chains

cool

Mary | Satoshi Club: Cross chain future is almost here)

Jonah 🏅🎹 | Satoshi Club: This will simplify the whole process 👏

Stefan Rust: it’s coming we still have some cumbersome bridges, however they will get better and better

this is inevitable

Jonah 🏅🎹 | Satoshi Club: Yeah.. and very much needed

Stefan Rust:

here the first interface that we launched last week

and the team is already adding new chains and working on user feedback around UXA

UX

Mary | Satoshi Club: When do you plan to launch?

Jonah 🏅🎹 | Satoshi Club: The interface Looks great

Stefan Rust: thank you

sorry we already launched

the product and staking portal is live today

the token launch and the vaults will come in the next few weeks

we are launching our token early November

Mary | Satoshi Club: Wow! Congratulations 👏👏👏

Very soon!

Stefan Rust: yup, we’re working on a tight timeline

we want to build a strong sustainable product and show that we are a team that deliver and execute on our commitments

Mary | Satoshi Club: Btw, our first question is about your token😉

Stefan Rust: while listening to what our users ask from us

cool

Q1 from Telegram user @Asela1112

With a 1 billion of total supply, $TNODE token serves as the native currency within Trusted Node platform. You have allocated 2% for the public sale purpose while you allocate more portions for other purposes. Why did you decide to allocate such a small amount for public sale though retail investors wait for buying $TNODE tokens as much as they can? Can you provide the token emission schedule?

Stefan Rust: the biggest allocation for tokens is dedicated to rewards

some 45%

Mary | Satoshi Club: How we will be able to get rewards?

What users need to do?

Stefan Rust: with a very limited amount of circulating supply which will allow early adopters to get rewards for their ealy support and adoption

by delegating, participating in the governance, staking in the vaults and providing liquidity

Mary | Satoshi Club: That’s nice! True crypto

Gotcha 👍 now we have more incentives to use your platform

Stefan Rust: at listing there will be a max supply of 6% which is unlocked and the private investors are buying at the same price as the price of the listing

Mary | Satoshi Club: Will investor’s tokens be locked?

Stefan Rust: the team is locked into the project for 12 months before they can recieve any distribtuions which they are linearly unlocked over the subsequent 24 months

yes. the investors get 5% unlock at listing and then have to also wait 12 months before a 24 month linear unlock

Jonah 🏅🎹 | Satoshi Club: Awesome this is great indeed for your token

Stefan Rust: private sale price = pre sale price = public sale price

Mary | Satoshi Club: Can you tell us more details about public sale?

Stefan Rust: yes we’re looking at public sale on DEX

on uniswap and sushiswap at first in the first half of November

Mary | Satoshi Club: We will follow your updates for more info😀 and of course don’t forget to share with us when everything will be ready for the sale

Stefan Rust: yes please do

Mary | Satoshi Club: Thank you for your answers! Ready to proceed?😀

Stefan Rust: you can follow us on Twitter, Medium and Telegram group for all the updates

https://trustednode.io

Tweets by Trustednode

Mary | Satoshi Club: Sure 👍

Stefan Rust: https://t.me/trustednode_io

Medium:  https://trustednode.medium.com/

just thought I’d get all the links in here

hope that’s not too hard core :))

Jonah 🏅🎹 | Satoshi Club: Thank you for sharing.. 👏

Stefan Rust: we just want to communicate through these channels only

Mary | Satoshi Club: No, that is what we need)

Jonah 🏅🎹 | Satoshi Club: Ready for next Question?

Stefan Rust: yes please

Q2 from Telegram User @Jmagsss

Trusted Node will be interacting with several PoS networks from various blockchains and networks to maximize yields and staking rewards. For its initial release, what are the staking pool that will featured your platform? Also, it would be nice if the community can decide on what pool shall be on the platform so, can the community propose on what pool shall be featured next?

Stefan Rust: We are focusing our efforts around the Cosmos and Polkadot ecosystems.

Cosmos (DVPN, IRIS, REGEN, CRO

Polkadot (Nodle, KSM, HydraDX, Moonriver)

In addition we will support other major blockchains are also looking to add Cardano, Avalanche, Polygon, Terra, Solana and maybe others.

we want the community to tell us which ones we should focus on next.

Mary | Satoshi Club: Any plans to add Rowan, Osmo, Juno?😀

Stefan Rust: By staking TNODE and becoming a DAO member, users will be able to boost their yield and earn $TNODE in addition to their Delegation rewards.

yes we’ve already reached out to Osmosis, that’s a cool project with great UX too

Mary | Satoshi Club: Cool! Full of rewards platform 😀

Awesome! 👍

Stefan Rust: Rowan and Juno are on our list now and would love an introduction should you be able

i would much appreciate that

Mary | Satoshi Club: We will see what we can do😀

Stefan Rust: thanks

Mary | Satoshi Club: So, to stake on your platform what i need to do? Can i connect for example with keplr wallet and stake?

Stefan Rust: yup and you can do that right away already today

Mary | Satoshi Club: Which wallets do you support?

Stefan Rust: we support Keplr today

we will support terrastation and then Metamask for now

polkadotjs will be coming soon

Jonah 🏅🎹 | Satoshi Club: Great choices..

Mary | Satoshi Club: Gotcha! Awesome! Easy to stake!

Thank you for your answers! Ready to jump to the next question?🔥

Stefan Rust: yes please

Q3 from Telegram User @RuthPius

In your website, You talked about “Bringing non-custodial liquid staking to Proof-of-Stake networks”. I must say, I am familiar with Stalking but the term “Liquid Staking” is new and unfamiliar to me and I will like to know more about what this term entails. So please can you use this opportunity to school us on what Liquid staking is all about? How is it similar or different to regular staking? Are there any pros or cons users should know before getting involved in Liquid Staking? And please can you also give us a detailed explanation on the Custodian and Non-custodian Liquid Staking mentioned in your website?

Stefan Rust: that’s a loaded question

Mary | Satoshi Club: Take your time 😀

Stefan Rust: liquid staking is that you keep your base capital which can still be earning you the PoS rewards. while you at the same time you can recieve a derivative representing your base capital which you again in turn can use for locking in various defi products, vaults or even trade and use as collateral

freeing up your base capital while still earning rewards and potentially stacking your yield

we will be having a set of vaults that we are building to offer you additional rewards for your derivative token

Mary | Satoshi Club: Can you explain on simple example for those who are new in cryptospace

Stefan Rust: ok you stake your ATOM

you earn 8% PoS APY rewards

say you staked 10 ATOM you will recieve a derivative representing  these 10ATOM in the form of a new token which we call tATOM

Mary | Satoshi Club: Wow😀

Stefan Rust: the 10 ATOM and the 10 tATOM are 1:1 exchangeable

then you can use this tATOM to stake in our vaults to earn additional yield and rewards.

we call this last paragraph yield stacking

Mary | Satoshi Club: Any risks?😀 Because i almost pressed unstake button 🤣

Jonah 🏅🎹 | Satoshi Club: 😂..

Stefan Rust: that’s what we want

with staking there is no real underlying risk on the staking portal, other than possibly slashing or if we have down time

btw there will be no need for you to unstake and wait the 21 days for unbonding, we will ahve a new feature soon

Mary | Satoshi Club: Unbelievable 🤣

Jonah 🏅🎹 | Satoshi Club: At the moment how many Vaults do you have?

Stefan Rust: we will enabe a seemless transition of your staked funds from other validators to tnode

Mary | Satoshi Club: Excellent system, my applouds 👏

Stefan Rust: atm our vaults aren’t live, they are completing their security audit. The vaults will launch with the tokens first half of november

and ooooh btw we are adding an insurance feature just in case to provide our users with an added level of security and comfort

Jonah 🏅🎹 | Satoshi Club: What Vaults do you intend to launch with?

Great.. 😁.. will this insurance be for all Users?

Stefan Rust: we’re starting with liquidity vaults with our token launch for the TNODE token

at the beginning we will be insuring for the whole network and further down the road we will then be adding a feature where each user can choose from a set of insurance policy for themselves

Jonah 🏅🎹 | Satoshi Club: Awesome this is Great.. 👏

Mary | Satoshi Club: Thank you, Stefan for your answers! Ready to go to the next question?😀

Stefan Rust: yes please

Q4 from Telegram user @victorogb           

With Proof of Stake networks, validator nodes are vital to the integrity and overall health of the network. With such importance attached to their duties, can you let us know how TrustedNode chooses it’s validators, what are your basic requirements, and are there any fundamental technical and hardware requirements? Also, judging from the tasks of these validators, how does TrustedNode reward high performing validators?

Stefan Rust: We agree that securing the blockchain will be a crucial role for trusted node as a validator

We want to work with the protocols to maintain the software, secure uptime and support with rapid upgrades turnarounds and patch-fixes

once our snapshot.org page is live and integrated we can include recommendation from the community.

until then though we choose the networks based on a mix of activities including

Team strategy and positioning,

infrastructure and resources requirements balanced against expected return and yield

developer activity and community engagement

business development skills, partnership and ecosystem contributions

and finally expected volume and transactions on the network

Mary | Satoshi Club: I even don’t know what to add, because i see a lot of sense in your words😀 it’s excellent point of view and strategy

Jonah 🏅🎹 | Satoshi Club: You are looking out for very important Things.. 👏

Mary | Satoshi Club: Stefan, thank you for your answers! Ready to proceed?

Stefan Rust: yes

Q5 from Telegram User @DK177

You have mentioned that DAO members who have their TNODE in escrow may be eligible to a portion of the fees paid to Trusted Node. My question is, how do you calculate the portion of the fees which will be distributed to each member? Please explain if there are any requirements for DAO members to fulfill to receive a better share. Further, please let us know what type of fees do you consider for this distribution. Are all the fees included or do you allocate a portion from a specific fee?

Stefan Rust: we are still working on the final calcuations and distributions. we will communicate that as they become a part of the operating model

Mary | Satoshi Club: Ok, but you already know what fees will you have on your platform?

Stefan Rust: It will be rewarding to be a DAO member

Jonah 🏅🎹 | Satoshi Club: Yeah.. it will you’ve got Alot of plans for that

Stefan Rust: part of it will be comissions should we decide to charge for those and we will have a minimal tx fee when engaging with the various smart contracts on trusted node

Mary | Satoshi Club: Gotcha! 👍

Thank you for your answers! Ready for the 6th and last question from this part?🚀

Stefan Rust: bring it on

Q6 from Telegram User @Orlemys

I realized that your app has already launched, so instead of asking you about the technicals aspects of your platform, I would like to ask about the results your community has gotten. How many active users are currently using your vaults, and how much value have they generated? Are there any penalties from staking or locked periods? Do you think those who staked for a short time were satisfied? How do you listen to community feedback and why should I be a user of this platform?

Stefan Rust: currently there is $9m staked in the nodes supported by trusted node

Mary | Satoshi Club: Nice beginning 👍

Stefan Rust: there as specific native chain requirements that our users will need to adhere to

they vary from chain to chain

Jonah 🏅🎹 | Satoshi Club: How many nodes are they all together?

Stefan Rust:  so far we are getting good feedback from our users

and we listen to them through our channels that I shared above. We will be formalizing more of this interaction as we develop our governance model and build out our snapshot.org interface

1 validator node per chain for now

so 5

Part 2 — live questions from the Telegram community

Q1 from telegram username @Arisabela

Many of the benefits that are reflected in your products are for your DAO members, so I would like to inquire about that, what your governance system consists of and how can someone be part of it? Is it necessary for DAO members to also be stakers or can they receive passive income in other ways?

Stefan Rust: You can use our platform without being a DAO member and earn basic PoS rewards.

However you can become a DAO member by staking our TNODE governance token.

DAO member have yield boost and voting power in the Trusted Node platform as well as in all the chains we have listed. In other words, cross-chain governance.

Q2 from telegram username @victorogb

What would be your immediate and long-term strategies for a bigger and more engaging community of members and investors?

JST: We are partnering with a lot of projects / blockchains in order to attract a bigger audience and grow our user base.

Not only this, but the innovative staking features we are / will be offering will definitely bring a lot of users to trusted node.

Imagine using your funds and getting dual rewards and dual governance powers

Q3 from telegram username @Kushal85127939

Have you guys consider Auditing TrustedNode Smart contract to ensure safety & security of users? When we can expect announcement of Audting of smart contract?

Stefan Rust: yes as mentioned, our vaults are undergoing smart contract audit with Obelisk and this has been publicly anounced as well. this will conclude very soon so that we can start offering secure and safe vaults to our users.

OUr insurance partner is also reviewing the audit and our vaults as well

Q4 from telegram username @Gen_Block

Partners are fundamental and can not be separated from  a project when we want it success. Can you mention powerful partners who work with TrustedNode in developing the project? And Why did you choose to collaborate with them?

Stefan Rust: we are working with Tavis Digital as they have experience in blockchain as well as deep relationship with investors and other financial services industry as a fund manager

we are also partnering with software developer autonio to ensure we work with good developers with deep blockchain network, understanding and skills around developement

we have a number of additional partners we will be adding to this list along with companies like obelisk for vault audits and ensuring our security

insurance partnerships will be coming as welll

Q5 from telegram username @highpee

Hello Stefan🙋‍♂️

In most cases, once someone staked asset, the asset is locked and ILLIQUID. But you said you will have LIQUID STAKING that will ensure users can still earn profit from their assets even when it is staked. How will it be possible for users to earn when their asset are staked? Will you give them a temporary token?

 Sunny: we will provide our users with a derivative token with the base capital remaining untouched and earning yield. the derivative token can then also be used to “stack” additional yield by providing liquidity, using it in DeFi or even as a collateral

Q6 from telegram username @NAZMP2

Is it true that Trusted Node presale will be held in November? Is there a certain schedule for this? What is the best way for us to get involved with the Presale?

@srust99 @NicSpu

JST: We are indeed having our presale early November.

We are currently finalizing everything with the launchpad and we will release all the details in our telegram group.

Right after, we will create our pair on uniswap and launch to the public.

Remember that private sale price = presale price = public launch

Q7 from telegram username @Rakshhitx5

Why did you choose Polkadot for coin integration with Staking Portal? Is PolkaDot better than all others available in the market?

Stefan Rust: we chose cosmos and polkadot as they are buidling our their network bridging mutliple layer 1 chains through “zones” or through “parachains”. Each of these chains have a need for validators and their infrastructure don’t vary too much while working with a consistent framework and standard set for consistency as a fundamental level

this allows us to be a bit more efficient in our node maintanance and management

they also both believe in crosschain future which is what we believe in as well

Q8 from telegram username @Nhairym

Why do you consider that users are losing their participation rewards through exchanges, how can they regain ownership of the tokens, can their nodes be applied to external Trusted projects or are they for their exclusive use?

Stefan Rust: you have your crypto assets on an exchange, the exchange itself in order to provide you the trading capability need to host nodes.

So the CEX use the capital locked in their customers accounts to lock into validator nodes and earn the rewards

these rewards only recently have begun to be shared by certain exchanges with the users. In the past this was not the case

also as you experience today when a network offering airdrops take a snapshot to share tokens with their holders, the CEX wallets are reflected in that snapshot which are holding your crypto assets. These wallets can claim the rewards, which in turn aren’t always (or very seldom) are passed on to their users

some CEX are good examples, but they are surely in the minority

we want you to get all the rewards for you assets and airdrops too

Q9 from telegram username @adaatalay

I read on your Trusted Node website that $TNODE token holders can increase their verification reward. How will you encourage me as the owner of $TNODE? Will I have a vote in my governance?

Sunn: We’re building a product for the people and we’re looking for the community to tell us how to develop the product over time. We believe that thanks to the tokenomics users are now also shareholders. Whereas in the past these have always been two separate constituents providing huge conflict at the product or business level. Whereby unfortunately the user always seems to lose out as we have been educated to focus on “shareholder value” not customer value

We believe the DAO aligns the interest

So therefore not only will TNODE holders be able to participate in the governance of Trusted Node, they will also be able to participate in the governance of the underlying blockchains through their ownership of TNODE and the voting power of Trusted Node thanks to the funds delegated to protect and secure the respective blockchain.

Q10 from telegram username @Pratze

i read that TrustedNode.io already live and we possible to start earning from your platform, but i still confuse about how to stake, do you have any guide or article about how to start for new user ? what is the minimum requirement to start?

Stefan Rust: you can find simple user guides in our medium page to help simplify this process for you

here is an example

https://trustednode.medium.com/how-to-delegate-iris-iris-on-trusted-node-using-your-keplr-wallet-998345519c21

how to delegate IRIS using the Keplr wallet

https://trustednode.medium.com/how-to-delegate-atom-cosmos-on-trusted-node-using-your-keplr-wallet-1712db4754c7?source=follow_footer—–998345519c21—-0—————————-

here how to delegate ATOM|

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Chinese Telegram group: https://t.me/satoshi_club_cn/

Indonesian Telegram group: https://t.me/satoshi_club_indonesia/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Telegram:  https://t.me/trustednode_io

Twitter: https://twitter.com/Trustednode

We were delighted to welcome our guest from HarpSeal. The AMA took place on October 21st, 2021 and our guest was @HarpSeal1.

The total reward pool was 500$ and was divided into three parts. In this AMA Recap, we will try to summarize some of the most interesting points for you.

Part 1 — introduction and questions from the Telegram&Bitcointalk community

Gold Rocket | Satoshi Club: Hello again, dear Satoshi Club community! We are pleased to announce AMA with HarpSeal

Gold Rocket | Satoshi Club: Today our guest is @HarpSeal1

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club ❤️

GP FIRE🔥🔥: Thank you

Gold Rocket | Satoshi Club: Nice to e-meet you 😊

GP FIRE🔥🔥: Glad to be here

Gold Rocket | Satoshi Club: Let’s start! Introduce yourself, please. How did you get to be involved in crypto & HarpSeal

Andrés M. | Satoshi Club: It’s our pleasure

Gold Rocket | Satoshi Club: @HarpSeal1

GP FIRE🔥🔥: I’m the marketing manager for HarpSeal, a crypto enthusiast and a heavy Defi User

GP FIRE🔥🔥: Done

Gold Rocket | Satoshi Club: Thanks for your answer😊

Andrés M. | Satoshi Club: What is the meaning of HarpSeal and what are the main products you offer?

Gold Rocket | Satoshi Club: please tell us a little bit about the project

GP FIRE🔥🔥: HarpSeal Finance is a Yield Farm and AMM decentralized exchange running on Binance Smart Chain with lots of unique Features

GP FIRE🔥🔥: Done

Gold Rocket | Satoshi Club: Also we would like to know more about your team. Who is on the project team core?

GP FIRE🔥🔥: Simon Dennis, one of the founders of HarpSeal. He has more than 5 years of experience in the cryptocurrency field. Responsible for HarpSeal’s strategy formulation and marketing.

Celia Gallegos, Project Marketing Manager of HarpSeal.

Started to engage in Internet operations in 2017, with 5 years of actual operation experience. Responsible for the marketing and operations of HarpSeal.

GP FIRE🔥🔥: Done

Gold Rocket | Satoshi Club: Thanks for great introduction, we have several questions which were selected for the 1st part. Ready to start?

Q1 from Telegram User @Asela1112

Without buying the $SEAL tokens, I Can earn $SEAL tokens by inviting my friends & recieve 3% of their earnings forever. Can you talk more things about this referral program? Is it consisted with different tier system based on the amount of referees so that users can earn more profit by referring friends? However, most platforms promise extra bonuses in referral program to increase their community & investors. What about the HarpSeal platform in this matter? Will you provide some incentives in addition to 3% profit for referrers?

Andrés M. | Satoshi Club: @HarpSeal1 Don’t worry, take your time to answer😃

GP FIRE🔥🔥: HarpSeal Referral currently does not have a tier system and will not provide additional rewards. But we will hold more referral activities and provide more rewards. Please continue to pay attention.

GP FIRE🔥🔥: Done

Andrés M. | Satoshi Club: Do you have any announcement channel to follow?

Gold Rocket | Satoshi Club: we are waiting for updates from you soon.

GP FIRE🔥🔥: Yes

GP FIRE🔥🔥: https://t.me/harpseal_finance_ann

Gold Rocket | Satoshi Club: Thanks for sharing

Gold Rocket | Satoshi Club: Let’s proceed to the next question?

Andrés M. | Satoshi Club: Let’s join Satoshiclubbers💪

Q2 from Telegram User @yellowchamp

HarpSeal has a Referral Program

in which we invite our friends and we can earn 3% of their earnings forever. So,does this 3% remains constant as we invite many friends in HarpSeal? Is there a maximum number of friends we can invite or we can invite as much as we can? Aside from this 3% what other benefits are being offered with this Referral Program? If you reward the one who refer,how about the new users or the friends being invited,what incentives or welcoming reward or bonus are waiting for them? Thank you

GP FIRE🔥🔥: It is constant and as we said, it is a earn as you refer and so for the new users, to earn, they can join the referral system or even buy and stake $Seal and earn more

GP FIRE🔥🔥: Done

Andrés M. | Satoshi Club: Thanks for clarify it, how is your staking system?

Gold Rocket | Satoshi Club: Thanks for your answer😊

Andrés M. | Satoshi Club: How high is the APR?

GP FIRE🔥🔥: The APR of each staking system is dynamic. Farms was the highest when it was launched, and the average now is 1,213,394,491%

GP FIRE🔥🔥: Done

Gold Rocket | Satoshi Club: Thanks for your answers. Ready to proceed to the next question?

Andrés M. | Satoshi Club: So high😱, great investment opportunity

Gold Rocket | Satoshi Club: Amazing 🔥🔥🔥

Andrés M. | Satoshi Club: Let’s proceed😁

GP FIRE🔥🔥: Thank you

Q3 from Telegram User @Orlemys

Your lottery program will be coming soon, however, I couldn’t find any info that specifies what this program will be like. What is the lottery-like? Is it done by purchasing tickets, or by other random methods? Is there a percentage of the tokenomics dedicated to lottery rounds? Will it be a permanent feature or will there be lottery events once in a while?

GP FIRE🔥🔥: The lottery function is undergoing internal testing on the test network. Our staff is seriously developing and testing this function. Please be patient. We will definitely provide a different lottery function.

GP FIRE🔥🔥: Done

Gold Rocket | Satoshi Club: Thanks for your answer 😊

Andrés M. | Satoshi Club: Everyone can join or there is any kind of KYC or restriction?

GP FIRE🔥🔥: There’s no KYC, it is for everyone both beginners and experts

Andrés M. | Satoshi Club: Perfect. Well, ready for next question?😃

Q4 from Telegram User @DK177

You have imposed a deposit fee of 4% for non-SEAL farms/pools and there is no deposit fee for native farms/pools. Further, 75% of this fees will be used to Buyback and Burn. Since there is no fee for native farms/pools, you get this 75% only from the deposits to non-SEAL farms/pools. My question is, as a token with an unlimited supply, is it enough to allocate 75% of the deposit fee from non-SEAL farms/pools to Buyback and Burn? How do you pump the $SEAL price with this small allocation?

GP FIRE🔥🔥: We have many features that can achieve Automatic Liquidity and Automatic Burning. These have been tested internally for a long time and are very useful for stabilizing the ecology.

GP FIRE🔥🔥: Done

Andrés M. | Satoshi Club: Could you share with us the tokenomics of $SEAL?

GP FIRE🔥🔥: Sure

GP FIRE🔥🔥: https://harpseal.gitbook.io/harpseal-finance/tokenomics/harpseal-token-seal

GP FIRE🔥🔥: Done

Gold Rocket | Satoshi Club: Thanks for sharing❤️

Andrés M. | Satoshi Club: Great, an amazing gem 😁

GP FIRE🔥🔥: HarpSeal💪

Gold Rocket | Satoshi Club: Do you want to add something?or we can proceed to the next question?

GP FIRE🔥🔥: We are excited to announce our Fair Launch coming up on Friday October 22nd, 2021

Time: 12:00 PM UTC

SEAL is available on Pancakeswap V2

Listing price: $15

Total Supply: 200 $Seal

Get ready to moon🚀🚀🚀

GP FIRE🔥🔥: Yes it is😊

GP FIRE🔥🔥: We are also hiring more moderators mostly from UK, USA, Europe

If there’s a moderator from any of those region, they can DM me for employment in HarpSeal😊

GP FIRE🔥🔥: Done

Q5 from Telegram User @Lestmarisv13

If something happens to HarpDeal’s frontend such as a DDOS attack or a temporary outage, farmers can still withdraw their tokens by direct interaction with the MasterChef contract. Call the emergencyWithdraw function with the farm or pool id listed below to withdraw your staked tokens. What is Call the emergencyWithdraw? How does Call the emergencyWithdraw work? How does Call the emergencyWithdraw protect the user?

Gold Rocket | Satoshi Club Satoshi Club! Look out for a good opportunity in building a local HarpSeal community

Andrés M. | Satoshi Club: Great opportunity Satoshiclubbers, let’s be part of that fantastic family👏

GP FIRE🔥🔥: Emergency Withdraw

If something happens to HarpDeal’s frontend such as a DDOS attack or a temporary outage, farmers can still withdraw their tokens by direct interaction with the MasterChef contract.

Call the emergencyWithdraw function with the farm or pool id listed below to withdraw your staked tokens.

Read and know more about our emergency withdrawal and how you can go about it

https://harpseal.gitbook.io/harpseal-finance/security/emergency-withdraw

GP FIRE🔥🔥: Emergency Withdraw

If something happens to HarpDeal’s frontend such as a DDOS attack or a temporary outage, farmers can still withdraw their tokens by direct interaction with the MasterChef contract.

Call the emergencyWithdraw function with the farm or pool id listed below to withdraw your staked tokens.

Read and know more about our emergency withdrawal and how you can go about it

https://harpseal.gitbook.io/harpseal-finance/security/emergency-withdraw

GP FIRE🔥🔥: Done

Andrés M. | Satoshi Club: We are happy to know you care a lot about security. Have you done audits processes?

GP FIRE🔥🔥: Yes

https://harpseal.gitbook.io/harpseal-finance/security/audits

GP FIRE🔥🔥: Done

Gold Rocket | Satoshi Club: Please share your roadmap with us😊

GP FIRE🔥🔥: https://harpseal.gitbook.io/harpseal-finance/roadmap

Q6 from Telegram User @JaviSuBs

Greetings HarpSeal, How does your referral program work, how does it allow users to earn $ SEAL? What is the requirement that the referral must meet? So that the one who invited him can win SEAL token and what would be the percentage that he would earn if my referral meets the requirements and for how long can the referral give profits to the user who invited him to the project? You can give us more details about the referral program

Andrés M. | Satoshi Club: Partially covered, any other detail you can add about referral program? We received a lot of questions about that 😁

GP FIRE🔥🔥: All answered😊

Part 2 — live questions from the Telegram community

Q1 From Telegram User @MariaKamilang

i wanna pay attention to Harpseal… so give me some clue ? 😉

GP FIRE🔥🔥: Kindly read

https://harpseal.gitbook.io

Q2 From Telegram User @captainprice111

Can users earn $SEAL in the HarpSeal project without depositing any coins? Will we be able to make a profit when we direct people around us to bet on the Farms and Staking Pools of the HarpSeal project?

GP FIRE🔥🔥: Yes

Q3 From Telegram User @Xusuo

i read from this AMA that you have Automatic Burning System for HarpSeal token, can you explain more detail about this burn system, how its work ? on what event the auto burn will happen ?

GP FIRE🔥🔥: Automated Burning Mechanism

40% of each proceeds will be used to buy back and burn SEAL.

Automatic Liquidity

60% of the income obtained each time will be automatically added to the liquidity pool through the contract, and the lower price limit will be continuously increased. And the liquidity will be locked and inaccessible.

Q4 From Telegram User @hansoyeon

Where can I get the $SEAL token if I want to buy it today? Could you please share your contract addresses?

GP FIRE🔥🔥: Token Name: HarpSeal Token

Token Symbol: SEAL

Contract Address: 0xa5e5193bc78ffdeA28F9803480A671499D1891b5

Chain: Binance Smart Chain (BEP20)

Q5 From Telegram User @Nonerlike

Its very rare project doing fair lunch. Why you decided to do fair launch and what’s the advantage for doing this?

GP FIRE🔥🔥: We want to be a fair project that anyone can participate in, a project that benefits every investor

Q6 From Telegram User @highpee

You will have your LAUNCH this Friday and your token will be available on PANCAKESWAP V2. Does it mean there will be no presale? Will EVERYBODY be able to BUY and will your token have liquidity for trading instantly after listing?

GP FIRE🔥🔥: Yes

Q7 From Telegram User @mercy_global

I see HarpSeal platform offers

Yield Farming

Most of the platform offer this services on thier platform?

How is HarpSeal Unique?

GP FIRE🔥🔥: Our biggest difference is that all deposited assets on the farm will be managed by the vault. The proceeds from the vault will be used to BuyBack and Destroy SEAL and increase the liquidity of SEAL-BNB. In this way, the transfer tax is replaced, and the loss incurred when the user trades SEAL is reduced. You will not notice these details when you deposit and withdraw, and the GAS fee is only 20% higher than that of a normal farm. Obtaining revenue is the place that spends the most GAS, which will be handled by the development team.

Q8 From Telegram User @MdLuffyo

Have you performed an AUDIT to make the HarpSeal platform more secure and valuable? Do you have a report, if any, can you share it with us?

GP FIRE🔥🔥: https://harpseal.gitbook.io/harpseal-finance/security/audits 

Q9 From Telegram User @ItsMelissa3

There are just a few hours until the sale of the SEAL token begins. On which platform will the token sale take place? Can we participate even if we are not registered in a whitelist? Will this token sale be open to all countries?

GP FIRE🔥🔥: No whitelist, it is Fairlaunch and will be available on pancakeswap V2 by 12pm

Q10 From Telegram User @messilolz

How much slipperage rate to buy your tokens? what is the tax will be deducted while buying SEAL on pancakeswap?

GP FIRE🔥🔥: Slippage is 8%

Tax is 0%

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of HarpSeal. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.

For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru

Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners: HarpSeal Website – harpseal.finance
HarpSeal Telegram – @harpseal_finance

We were delighted to welcome our guest from YouClout. The AMA took place on October 21st, 2021 and our guests were @mincua @Oldschoolchap 😊.

The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.

Part 1 — introduction and questions from the Telegram&Bitcointalk community

Gold Rocket | Satoshi Club: Greetings dear Satoshi Club ❤️ We are pleased to announce AMA with YouClout🔥

Vlad | CEO YouClout |: Hello everyone,

My name is Vlad Ionut Stefan and I am the CEO of Youclout.

I’ve managed more than 20 projects since early 2017 and now I will be presenting the project. I’ve been working on for around 1 year.

My experience is vast in project management, go to market strategy, partnerships and all it takes to make a project great.

As per education I’ve finish the Business Management in German language University in Bucharest and have a master degree in financial consulting. Made a short presentation of myself.

Gold Rocket | Satoshi Club: Today our guests are @mincua @Oldschoolchap 😊

Jonah 🏅🎹: Welcome to Satoshi Club.. @mincua @Oldschoolchap

Jonah 🏅🎹: I see you are very much prepared for today.. 👏

Gold Rocket | Satoshi Club: Nice to e-meet you 😊 welcome to Satoshi Club ❤️

Alexandru Mincu: Hey all! Thanks for having us here!

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club ❤️

Jonah 🏅🎹: We are Excited to have You here

Alexandru Mincu: I’m Alex and I’m the CTO of YouClout, I’ve been building software for 25 years, from big web platforms to mobile apps, and enterprise apps. I’ve been in crypto for 8 years, and built different end-to-end solutions on the web, different blockchains & mobile.

YouClout is a great pleasure where we can put all the skills the team has learned to work building a solution that bridges from mobile to web to multiple blockchains.

Gold Rocket | Satoshi Club: @mincua @Oldschoolchap great background guys👏👏👏

Jonah 🏅🎹: With very relevant Experiences

Gold Rocket | Satoshi Club: Give us a brief introduction to the project. What is the essence of YouClout

Vlad | CEO YouClout |: So everything started one year ago in a zoom conference which we had to remake cause of disconnects and other bugs, that was the moment i said i will make a conference platform in which i will integrate a tik tok style marketplace for video NFTs. And that was the birthplace of YouClout. And I’ve been working on it ever since. And I’ve been working on it ever since.

Vlad | CEO YouClout |: Now everything scaled to a big metaverse where people will buy land and we will hold events and nft sales on it.

Gold Rocket | Satoshi Club: absolutely in the spirit of the times🔥🔥🔥

Jonah 🏅🎹: Incredible.. 👏

Gold Rocket | Satoshi Club: Also we would like to know more about your team. Who is on the project team core?

Vlad | CEO YouClout |: @mincua is my CTO and will let him introduce himself

Alexandru Mincu: I am the CTO and tech lead and the one in charge of building all the very nice features we discover our users need. There are 18 other developers in the team right now working on either frontend, backend or smart contracts for different chains.

Vlad | CEO YouClout |: and this is the core team

Jonah 🏅🎹: Oh wow 18 developers 👏

Jonah 🏅🎹: From what regions are your Core team Members?

Gold Rocket | Satoshi Club: Wow! Dream team😊

Alexandru Mincu: There’s a lot of work to be done, the team is constantly growing.

Vlad | CEO YouClout |: All are romanians, eastern europe.

Gold Rocket | Satoshi Club: I’m your neighbor 😁

Gold Rocket | Satoshi Club: I am from Ukraine

Vlad | CEO YouClout |: Yeeeey, where are you from ?

Vlad | CEO YouClout |: Aaaaa nice, been in Ukraine 2 times until now. Like it alot

Gold Rocket | Satoshi Club: Tell us about the benefits of YouClout . How is it different from others?

Vlad | CEO YouClout |: 1. Easily create a fanbase around your video content with our powerful decentralized feature set.

2. Tokenized membership in one click. Easily create a free channel with exclusive content for your ytoken holders.

3. Scale your reach. go from small session to a full blown virtual conference or event.

4. Blockchain powered. Transparent, censorship-resistant and no middle man. Value goes to you.

5. NFT ready. Easily turn any content into an environmentally friendly NFTs.

6. A full blown marketplace. Trady ytokens and NFTs in our bespoke marketplace.

7. Dedicated artificial intelligence enhanced content feed ensure the right content finds the right audience

8. Virtual events that can match a Woodstock/Coachella scale or a big expo is now possible with Youclout

9. Discover creators with our category leaderboards based on ytokens, engagement and quality of content.

10. Brand new tools for interacting with fans and brand new ways to earn more as a creator!

11. Fully decentralized mean creators own their content 100%!

12. Buy land and host events

13. Hold YouClout for random ticket airdrops to events.

Jonah 🏅🎹: Wow so many

Alexandru Mincu: All these plus any digital piece of content that can be presented in a short form video can be sold on the platform, this includes almost anything. Users can create multiple videos for one piece of content to present multiple facets and just tell a better story.

Gold Rocket | Satoshi Club: a lot of cool features👏👏👏

Jonah 🏅🎹: Impressive.. 👏

Gold Rocket | Satoshi Club You have the opportunity to revolutionize social media, as Zuckerberg did in his time  😁

Vlad | CEO YouClout |: We really hope to !

Gold Rocket | Satoshi Club: Thanks for great introduction, we have several questions which were selected for the 1st part. Ready to start?

Vlad | CEO YouClout |: Sure, lets go

Q1 from Telegram User @Asela1112

According to YouClout Roadmap, you hope to launch custom NFT avatars for all YouClout users. I want to know, Can we create our own avatars or Will your team provide the avatars for users? Will you incur a fee for this event? Will this avatar have a price evaluation? If Users can create their own avatars, What kind of creating tools, you offer through YouClout platform? Please give us a sneak peek about this upcoming Custom NFTA avatar event in Q1-2022?

Alexandru Mincu: I’ll take this one

Alexandru Mincu: So the custom avatars will be designed in an editor or generated with our AI from other photos users upload. The avatars will be NFTs so will be sold on the platform and we’ll also have a verified ownership feature like Twitter.

Alexandru Mincu: No fee will be incurred for generating an avatar, just like no fee is incurred for minting any NFT on the platform.

Gold Rocket | Satoshi Club: What tools do you offer users?

Alexandru Mincu A custom editor based on a generative neural network that users can tweak to generate designs to their own liking.

Gold Rocket | Satoshi Club: And… Please give us a sneak peek about this upcoming Custom NFTA avatar event in Q1-2022?‌‌ (c) 😁

Gold Rocket | Satoshi Club: it is very important. Thank you for the clarification👏

Vlad | CEO YouClout |: We will have a live event in the platform, which people will join with their avatars, but this is a small sneak peak 😀

Jonah 🏅🎹: And everyone can do so? What skills will they need?

Alexandru Mincu: We can’t release too many details yet, there’s a lot of deals getting signed with influences, etc for the event

Vlad | CEO YouClout |: but everything will be disclosed in due time.

Alexandru Mincu: Yes, anyone can do it, you can do it by just moving some sliders, it will be very easy to use

Gold Rocket | Satoshi Club: It’s understandable 😅but we had to try 😁

Vlad | CEO YouClout |: No worries, we appreciate it ! 🙂

Gold Rocket | Satoshi Club: Thanks for your answers😊

Gold Rocket | Satoshi Club: Ready to proceed to the next question?

Jonah 🏅🎹: Awesome.. 😁

Alexandru Mincu: Yup

Q2 from Telegram User @Pavel_Jarosh

Please correct me if I’m wrong but the Y-tokens that can be created by influencers are planned to become the main product on your marketplace, same as their content (video, presentantions) sold as NFT. Are you planning to add a portion of free NFTs or content to your marketplace? In order to sell such products your influencers should be someone with a name in crypto. Have you already partnered with any personality? Thank you!

Vlad | CEO YouClout |: Sure, we are going to start a NDO

Vlad | CEO YouClout |: and offer to our Community different NFT project that we and the community find viable !

Alexandru Mincu: The main influences will decide what content they want to release to the public, for free of with a charge in their Y-Token

Vlad | CEO YouClout |: We are going to make votes on which to choose!

Jonah 🏅🎹: Oh great.. by the way can you share your Tokenomics with us

Alexandru Mincu: It’s public on the website, anyone can access it from the Pitch Deck button

Alexandru Mincu: Or here’s the link: https://youclout.com/youclout.pdf

Jonah 🏅🎹: Thank you for sharing..

Gold Rocket | Satoshi Club: Thanks for your answers

Jonah 🏅🎹: Do you want to add anything or can we proceed?

Alexandru Mincu:

Here, got it for easy access 😁

Alexandru Mincu We can proceed

Q3 from Telegram User @MudaraSilva

I notice that there is a 50% discount on NFT purchases for those who have memberships tokens. To be eligible for this discount, what is the minimum number of tokens that a buyer should hold? When you offer this discount for buyers, do creators get the full payment? Does YouClout give the reduced 50% to the creator? Is it profitable for you to give this type of considerable discount to encourage users to hold tokens? In a similar manner, is there a mechanism for sellers to get bonus earnings by holding membership tokens?

Gold Rocket | Satoshi Club: Looks good👍

Alexandru Mincu: The discount is offered to the members who own membership Y-Tokens for each creator, each creator can set the number of tokens needed to get the discount. This way they create their own tokeonomics.

Vlad | CEO YouClout |: The minimum hold amount is 250$ in YouClout token.So the fees on YouClout are shared as following :

25% – Goes to revenue

25% is Burned out of the team tokens until 75% of the team tokens are burned

50% – Goes to the seller as a reward for using our platform

Gold Rocket | Satoshi Club: Hmm .. that’s generous enough for platform users…

Jonah 🏅🎹: Oh I see.. but can the creator also adjust the discount percentage?

Vlad | CEO YouClout |: Yes, he can.

Alexandru Mincu: Yes they’re able to do that for their Y-Token. Vlad also answered how the main YCT discounts work.

Jonah 🏅🎹: Great.. 👍

Gold Rocket | Satoshi Club: Do your users need to pass KYC?

Vlad | CEO YouClout No, it is fully decentralised, people just need to connect with their wallet.

Jonah 🏅🎹: Thank you for your answers

Gold Rocket | Satoshi Club: Thanks for great answers❤️

Gold Rocket | Satoshi Club: Ready to proceed to the next question?

Vlad | CEO YouClout |: Sure

Q4 From Telegram user @Rotoxy

My questions are about the VIP lounge. Firstly, what criteria do you use to rank a user as an influencer? Is it their celebrity status, their large followership on othet social media platforms or activity engagements on Youclout or their acquisition of particular amount of $YCT token?

What are the types of activities that can take place in the VIP lounge? What level of control does the influencer who created the VIP lounge has on the community activities? Are there taxes on activities in a VIP lounge? Who pays the tax, the influencer or the VIP lounge members?

Lastly, does the members in the VIP lounge get rewards or it is a case of “influencer takes it all”?

Alexandru Mincu: The criteria is mixed right now, since our platform was just launched at the IDO we don’t have concludent data yet only on YouClout, for that reason we need to include other social networking channels as well.

Alexandru Mincu: The VIP lounge is designed to be a private space shared between the influencer and their most devoted followers, they are the ones setting the bar on how it’s monetized, not us. We provide them with the tools so they can interact with their followers

Gold Rocket | Satoshi Club: Btw, what were you guided by when building the metaverse on Cardano?

Alexandru Mincu: Cardano has a lot of potential and we belive it will be one of the main platforms people use in a few years

Gold Rocket | Satoshi Club: and with which influencers do you already have agreements?😊

Gold Rocket | Satoshi Club: Absolutely agree 👍

Gold Rocket | Satoshi Club: you confirm my opinion

Alexandru Mincu: I don’t know if we can disclose this yet. @Oldschoolchap ?

Vlad | CEO YouClout |: No, sadly we cannot disclose that yet, it will be like a festival banner, that i can assure you!

Gold Rocket | Satoshi Club: Little hints 😉

Jonah 🏅🎹: 👏 Can’t wait for this..

Gold Rocket | Satoshi Club: then promise us to share it as soon as possible 😁

Vlad | CEO YouClout |: We promise that Satoshi community will be the first one to receive the news when we share it!

Gold Rocket | Satoshi Club: Thanks for honest answers ☺️

Gold Rocket | Satoshi Club: Let’s proceed to the next question🚀

Vlad | CEO YouClout |: sure

Q5 from Telegram User @Cheriemike

Going through your content i noticed that creators are being rewarded with “Influencer Badges”,What is essence of those badges?Will the badges serve as a means of identify from platforms who pose as YouClout?Are the badges for every one or its just for some selected few?Is there any charges fee associated with one being entitled to a badge?Can we have a sneak peak of those or is it private and will later be given to those who deserve it? Thanks

Alexandru Mincu: Nice question

Vlad | CEO YouClout |: indeed

Vlad | CEO YouClout |: nice question

Vlad | CEO YouClout |: alex please take it

Vlad | CEO YouClout |: So, the badges will be awarded to all Influencers

Alexandru Mincu: The badges are awarded based on how influences or users use the platform, we’re targeting specific use cases like posting at least once a day for a whole week, etc. And ones that are harder to get like top sales, best NFT of the month, etc

Alexandru Mincu: All those badges are also NFTs so they can be monetized if people want to do that.

Alexandru Mincu: They will open certain doors that are only available to the holders

Jonah 🏅🎹: Great.. apart from this does getting the badge come with other benefits?

Vlad | CEO YouClout |: They can be transformed in an Unique NFT for each influencer, but that will come along the way

Alexandru Mincu: It will also depend a lot on the specific badge, some will have other interesting properties

Jonah 🏅🎹: Yeah makes more sense… Overall this is an Impressive feature I must say

Jonah 🏅🎹Ready for the last Question from this part?

Gold Rocket | Satoshi Club: can you even imagine how I want to see these tik-tok style NFTs… do you have something to satisfy my curiosity 😁

Alexandru Mincu: The platform is continously being developed so new things pop up almost every day 😉

Vlad | CEO YouClout |: @GoldRocket27 Sure, you can enter on your mobile

Vlad | CEO YouClout |: on https://app.youclout.com

Vlad | CEO YouClout |: it is already a working product

Q6 From Telegram user @victorogb

Within the periods of Q4 2021 to Q1 2022, YouClout hopes run its first land offering, conduct it’s first governance vote on land rights, as well as buying land in metaverses where YouClout events will be held. Even as we anticipate the launch of these memorable events, can you kindly shed some light on the features and importance of each, what are land owners and users expected to enjoy from these launches? Also, talking on your first governance vote on land rights planned within this quater, what should we expect? Can you let us know the overall structure and functions of governance team?

Vlad | CEO YouClout |: Based on where their land is and the interest in it they can rent it for ads/events on the platform or build their own land in Q2/2022

Alexandru Mincu: The governance on each land will be based on the Y-Token holders for that land

Alexandru Mincu: This way anyone. Influencer or not can control what happens on the platform

Alexandru Mincu: On some lands the creator will have control power. Others will be community owned

Jonah 🏅🎹: Will this be the choice of the creator to give the community power over their land?

Alexandru Mincu: We have multiple uses for that land that are being developed. From events to ads to music, and may more

Gold Rocket | Satoshi Club: remind me please where can we buy your Y-tokens?

Alexandru Mincu: The main token of the platform is already like on pankake swap

Alexandru Mincu: I’ll post the link shortly

Alexandru Mincu: These will be used to decide the initial ownership of the first lands in the meta verse

Alexandru Mincu: https://pancakeswap.finance/swap?outputCurrency=0x23e3981052d5280c658e5e18d814fa9582bfbc9e

Gold Rocket | Satoshi Club: by the way what is your favorite land in this metaverse😁

Gold Rocket | Satoshi Club: Thanks for sharing

Alexandru Mincu: 😂very hard to choose sincer we’ve put so much effort in all of them, I would say the main lobby is my personal favorite now. Everyone will land there when entering the meta verse

Part 2 — live questions from the Telegram community

 Q1 From Telegram User @latedance

Not every crypto blockchain projects do care this about but there are many people in the world who is not speaking English so I want to know if do you plan to create a local community for Youclout?

Alexandru Mincu: Sure. We already have one for China and one for Korea. Others are coming too.

Q2 From Telegram User @SHELBYWINAMA

What is the use of the $YCT token? What are the advantages of the $YCT token? and is there a minimum amount to stake $YCT tokens? and where is the $YCT token available? Can you tell us all?

Alexandru Mincu: YCT can be used to pay for fees and very soon will be the main coin NFTs are transacted in on the platform.

The coin will also unlock different features for creators in the platform, we have a bunch of features that are being developed right now that you can only use if you own YCT.

There is also a staking program coming too, join out telegram channels we’ll announce everything there.

Q3 From Telegram User @sirdefi

On what kind of devices will I be able to use YouClout and enjoy its 3D graphics? Will a mobile phone be enough?

Alexandru Mincu: Yes, a mobile phone will be enough. We’ll have mobile apps to access the metaverse from mobile and a WebGL interface to access it from the desktop

Q4 From Telegram User @Sourava12

In Your Website , I found that YOUCLOUT Has only 2 Backers ,

 18 VENTURES and EXNETWORK CAPITAL , Are you planning to get Support of other backers and Investors also ?

Vlad | CEO YouClout |: Hello Sourav

Exnetwork

18ventures

moon inc

Kha Nguyen(Tomochain)

X21

Evan luthra

MoonCarl

Wise advice

Nft technologies

Mario Awfal

Maximus Capital

Gains capital

Nabais Capital

Bitcoin.com

AU21 Capital

LD Capital

Genblock Capital

Basics Capital

Polygon Foundation

Mars Academy CEO

Mendy

Putin

Bondcharts

DCI

These are all our investors!

Q5 From Telegram User @highpee

You said you are built on CARDANO but you just shared a link where we can buy your Tokens on pancakeswap. Are you also built on BSC or do you have tokens on both Cardano and BSC at the same time?

Alexandru Mincu: The coin launched on BSC but the marketplace will support multiple chains. Cardano is one of the main ones, others coming soon will be ETH and Polygon.

Q6 From Telegram User @cindy_crypto

Everyone knows now if your smart contract is not secure it is just a time matter that some hacker exploit the smart contract and get all the liquidity and when it is done there is nothing to do so what’s the things you have done to secure your smart contract?

Alexandru Mincu: All smart contracts are audited and we implemented all security recommendations. Everything is secure and decentralized and public so no hacker can get access.

Q7 From Telegram User @alptrader

Only creating a project with great properties is not enough for success so do you have any partnerships to grow together as YouClout?

Vlad | CEO YouClout |: We have alot of partnerships incoming, 2 of them are top 10 projects and we will announce it in due time ! 😀

Q8 From Telegram User @AgenciaATM

In the VIP lounge, each influencer will have a limited number of seats in their community with the option to increase it if they run out of seats. What is the limit to these seats? How will influencers be able to expand these seats if they run out?

Alexandru Mincu: The influences will decide how big their VIP lounges are, they will be able to increase or decrease the number of seats as needed.

Q9 From Telegram User @Xusuo

im just curious, do YouClout have burn feature for your token, can you explain how does burn work for $YCT token ? what event trigger the burn ?

Alexandru Mincu: 25% of the transaction fees are burned by the platform once per month.

Q10 From Telegram User @sophiejohnson1

What is YouClout’s marketing strategy to attract both attendees and users? What are your plans to convince them to buy $YCT?

Vlad | CEO YouClout |: Hello Sophie,

the first event we are going to hold on our platform will have a big impact on everything, taking in consideration how many followers each influencer has, we will hold it as a game, where people join with their avatar and interact with the influencer himself

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of YouClout . They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.

For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru

Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners: YouClout Website – youclout.com
YouClout Telegram – @youclout

We are pleased to announce our next AMA on October 25th 2021 at 01:00 PM UTC Time: Satoshi Club x Libre

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

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

Part 3: 300$ – A quiz about Libre

For more details:
Libre Website – libredefi.io
Libre Telegram – @libredefiofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We were delighted to welcome our guest from Rada. The AMA took place on October 20th, 2021 and our guest was @dragosL.

The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.

Part 1 — introduction and questions from the Telegram&Bitcointalk community

Gold Rocket | Satoshi Club: Greetings dear Satoshi Club ❤️

We are pleased to announce AMA with Radar.

Paul Mont | Satoshi Club: Today’s guest is @dragosL! Welcome! Great to have you here! 🥳🥳

Dragos | Radar: Greetings everyone! Really happy to be here again!

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club ❤️

Dragos | Radar: We will have a great time together

Gold Rocket | Satoshi Club: We are really excited about upcoming AMA😊

Paul Mont | Satoshi Club: Thank you for coming back! 🔥🔥🔥

Paul Mont | Satoshi Club: How’s your day been so far? 😄

Gold Rocket | Satoshi Club: Let’s start! Introduce yourself please. How did you get to be involved in crypto & Radar

Tell us please about your position in Radar

Dragos | Radar: Pretty chaotic as always, I’ve been sleeping around 2-4 hours max for the past 2 months so yeah everything is really busy

Dragos | Radar: But the excitement is too big for this to be a problem😁

Gold Rocket | Satoshi Club: oh … you have a difficult schedule🔥

Dragos | Radar: Sure! I’ve been a crypto trader for about 8 years now. Around 2 years ago I founded Orka Labs, which is an algorithmic trading fund, and after a while of looking for a complete solution for traders we decided to take the matter into our own hands and build the product that we dreamt of using.

Now I am the CEO of Radar, our team is comprised of about 45 people at the moment. 25 full-time developers + 20 administrative staff. I’m sorry that it’s only me here today but the team is working very hard in order to launch the first product on the 31st this month!

Dragos | Radar: hopefully you will understand why after this AMA⚡️

Gold Rocket | Satoshi Club: Great background👏👏👏

Gold Rocket | Satoshi Club: Give us a brief introduction to the project. What is the essence of Radar

Dragos | Radar: Definitely, so Radar is a self sustaining ecosystem, providing its user everything the need, ranging from a platform that is built using a cross-chain solution that combines a regular asset management platform with complete freedom through the power of DeFi and cross-chain interoperability to the DEX Aggregator that will route decentralized swaps through different protocols and chains, in order to minimize slippage and maximize efficiency; alongside the native Mobile  App, where users can store assets on most EVM supported blockchains and have access to the ecosystem’s platforms.

And this is not everything, we have lots of secret features to announce in the following weeks, as we plan to continuously expand the ecosystem.

p.s. all the products that you will read about in the whitepaper are about 85% complete besides the asset management app which is 100% and is going to be launched on the 31st this month!

Gold Rocket | Satoshi Club: Sounds really good

Gold Rocket | Satoshi Club: Also we would like to know more about your team. Who is on the project team core?

Paul Mont | Satoshi Club: 31st of this month – it’s almost there! 🎉 I understand your excitement clearly 🔥🔥🔥

Gold Rocket | Satoshi Club: you intrigued us 😁🤩

Paul Mont | Satoshi Club: Hopefully you will disclose some easter egg throughout the AMA with our Satoshi Club community… We love secrets haha 😄🔥

Dragos | Radar: We have a detailed announcement about that coming. We are actually continuously hiring so around the time of the platform launch we just want to explain everything to the community, what each member of the team does and so on, because as I told you we are about 45 people now working full time on this

Dragos | Radar: And more than half of these 45 people work full time by crypto standards, which is basically 2x the normal amount

Gold Rocket | Satoshi Club: Dream team in action🔥🔥🔥

Dragos | Radar: I will be looking to do that, but keep in mind that most of my answers if not all will be written on the go so yeah, don’t know the exact moment when I’ll do that

Paul Mont | Satoshi Club: And by the way, the core team members are all public right?

Gold Rocket | Satoshi Club: Thanks for great introduction, we have several questions which were selected for the 1st part. Ready to start?

Paul Mont | Satoshi Club: That’s more than enough!😉🚀

Dragos | Radar: Yes definitely

Dragos | Radar: Let’s go ahead, very excited for it!😁

Q1 from Telegram User @yellowchamp

According to your website, Radar will have over 15 protocols in which you grant a direct access to the DeFi economy through your integrations and we can invest and start earning automated returns by providing liquidity, lending, insurance and trading. So, in connection with this can you give a brief explanation about this 15 protocols that you are going to deploy in your platform? Why do you need such a lot numbers of protocol?What will be the advantages that those protocols brings to your network and to users? Lastly, how does automated returns function in your platform through providing liquidity, lending, insurance and trading? As what I have notice that lending, insurance and trading will be coming soon with radar, so can you share some little information and overview about your lending, insurance and trading features? With investing in your lending, insurance and trading, how it would give a better automated returns? Thank you

Dragos | Radar: I will explain everything but you will have to give me 2-3 minutes to write it all, hope you understand

Paul Mont | Satoshi Club: Take your time please 😉

Dragos | Radar: As you’ve seen we will integrate over 15 protocols, so what exactly do we mean by that?

Our asset management app will enable anyone to create his own vault and manage the assets of other people who deposit funds into it.

Our job as platform is to make sure that the Manager (the person who is managing the assets) has access to as many protocols as possible so that he can create any type of investment strategy that he wants.

Let me just quickly give you some examples: Lending – Compound , Yield farming – Idle, Yearn

So yeah this is what we mean by integrating protocols, I hope you get the idea.

Paul Mont | Satoshi Club: Crystal clear 🙏

Gold Rocket | Satoshi Club: these are really revolutionary ideas! 🚀

Dragos | Radar: As for this part “As what I have notice that lending, insurance and trading will be coming soon with radar, so can you share some little information and overview about your lending, insurance and trading features? With investing in your lending, insurance and trading, how it would give a better automated returns? Thank you”

I believe the number of investment options is directly proportional to the chances of succeeding for Managers.

If you compare us to a platform like dhedge.org, we are basically the same, but you can only TRADE SYNTHS on their platform. With you you can do this as well, besides trading on any DEX, yield farming, lending, etc.

Dragos | Radar: And please keep in mind that this is just the first product from our ecosystem that we are about to launch on the 31st

Dragos | Radar: We will continue to launch a product/month for the next 5 months at least, we have a lot in store for you guys

Paul Mont | Satoshi Club: So that means 5 new products (at least) are in the works for the Radar ecosystem users, right?

Dragos | Radar: Just got the idea for the easter egg, I will share one screen from 3 of our products so you can get a real feel of how we work and how serious we are about this ecosystem.

Gold Rocket | Satoshi Club: Satoshi Clubbers! Don’t miss great opportunity🔥

Dragos | Radar: 3 are 90% complete, the 4th is about 60% complete

Dragos | Radar: And there are a lot of unannounced products, the token utility is till unannounced

Dragos | Radar: And trust me this is the best part of the whole project, the token utility is something that I’m sure you’ve never seen before!🔥

Paul Mont | Satoshi Club: Ok, I’m definitely hyped and wanting to know more now 🤩

Paul Mont | Satoshi Club: Which of the products down the upcoming roadmap are you most excited about (without spoliling too much of the surprise right now)?

Gold Rocket | Satoshi Club: we look forward to the snack peack😁

Gold Rocket | Satoshi Club: Thanks for your great answers

Gold Rocket | Satoshi Club: Ready to proceed to the next question?❤️

Dragos | Radar: Sure!

Q2 from Telegram User @Pavel_Jarosh

One more great initiative is POR (proof-of-return). Radar puts asset allocators in touch with asset managers to maximize the growth of their portfolio with a higher chance compared to their own efforts. These asset managers are considered to work as consultants for Radar? Besides the rewarding system based on the results of investments what are the advantages for managers to be interested in working with Radar users? Can a simple Radar token holder become asset manager with time in case his/her activity is high? Thank you!

Dragos | Radar: I am happy to explain anything about the project, it’s what I’ve been breathing for the past months so I’m very exicted about what’s coming

Gold Rocket | Satoshi Club: we understand this and support your excitement 😊

Dragos | Radar: Any user can become an asset manager (i.e. create a vault) on our platform. The POR is just our way of trying to protect the end user from malicious managers, because some of them will be KYCd (it will be optional in order to get a “Verified” checkmark), but as you know with a 100% decentralized and perimissionless system we can’t control everything so yeah, just doing our best with the tools we got.

Dragos | Radar: Depending on a few metrics you will be assigned a Trust Score(for example how many of your own assets you have in your own vault, because obviously if you have your own funds on the line you will act in good faith)

Dragos | Radar: Remember that we still have to announce a lot of details, what I’m telling you now is probably not on the whitepaper or anywhere actually

Gold Rocket | Satoshi Club: Thank you very much for sharing😊

Gold Rocket | Satoshi Club: Do you want to add something or we can proceed to the next question?😉

Dragos | Radar: We can proceed to the next question, thank you!

Paul Mont | Satoshi Club: Here it comes 🙂

Q3 from Telegram User @MasterfulAstil

As I’m not a pro in crypto, AAС (Auto-allocated capital) feature attracted me as an option of easy and quick possibility to invest my money. I understand that Radar protocol will decide for me where exactly to invest depending on my preferences. But as a creators, could you share on where will the funds go? Is there any preferred direction, vault for financing? Thank you!

Dragos | Radar: Radar will be a 100% decentralized and permissionless ecosystem. In about 1-2 months max. from now we will pass the governance to the DAO. (We already passed all the team tokens to the DAO wallet)

Radar itself doesen’t decide anything for you, instead it aims to give you all the necessary tools so that you can make an informed decision by yourself. (This is where PoR and other unique features come in)

The creators actually don’t have an option to hide their activities as technically speaking each Fund is a smart contract and EVERYTHING is recorded on the blockchain so there is 100% transparency regarding everything.

Dragos | Radar: If any of my answers are not enough, I will be eagerly waiting for you on the video AMA after this one to explain in more detail, way easier to do on video compared to writing. Thank you for understanding

Gold Rocket | Satoshi Club: which features are you personally most proud of😊

Paul Mont | Satoshi Club: It’s very empowering. Information is key to make the best decision, in any field, after all 😉

Dragos | Radar: The token utility is definitely the feature that I am most proud of, you will soon find out what I am talking about.

A LOT of time and resources went into creating this system

Gold Rocket | Satoshi Club: you just intrigue us more and more 😁

Paul Mont | Satoshi Club: Again – guys & girls, don’t miss out on the opportunity to follow up, after this AMA, with Radar’s video AMA 😉

Dragos | Radar: let me just share 3 screens, have a look and we will continue afterwards

Dragos | Radar: Mobile App

• 

• 

• 

Gold Rocket | Satoshi Club: wow!

Dragos | Radar: ALA – Liquidity Aggregator

Dragos | Radar: This is the product that we are launching on the 31st this month

Paul Mont | Satoshi Club: Slick! Love the UI 🤩

Dragos | Radar: There you have your easter eggs everyone!😁

Gold Rocket | Satoshi Club: it looks incredible 🔥

Gold Rocket | Satoshi Club: No wonder we were so intrigued 😁

Dragos | Radar: And again wait to see the token utility🔥 It’s going to give you a lot of perks on the WHOLE ecosystem

Paul Mont | Satoshi Club: The premises look amazing! 🔥🔥🔥

Dragos | Radar: Thank you, appreciate it guys!

Paul Mont | Satoshi Club: Thank you very much for the exciting answers!

Paul Mont | Satoshi Club: Are you ready for the next question?

Dragos | Radar: yes let’s go ahead

Q4 from Telegram User @JaviSuBs

Radar has a wallet in a mobile application, but is there a PC version of the wallet? What does the Radar mobile application allow us to do to users? allows us to make exchanges through ALA and use other dApps? I also see that there are two important functions in your platform such as radar protocol and radar terminal, what is the functionality of these functions? You can give us more details of the functions to better understand and get the best out of it, thank you

Dragos | Radar: I cannot answer the question related to the PC version, but I will let you to think about the answer and it’s probably what you’re thinking about, but again we want to take everything step by step. Our current product launches by themselves require titanic work so with only 45 people there is only this much we can do at one point

Regarding naming Radar is our main brand and then we will have Radar Protocol – Asset management app, Radar Terminal – Liquidity Aggregator, Radar App – native mobile app

To get a better understanding you really have to read the whitepaper:

https://radar.global/static/media/whitepaper.ff370af1.pdf

Dragos | Radar: And yes through the mobile app you will have direct access to all the products in the ecosystem AND you will also have a browser so that you can access other dapps if you still need them

Gold Rocket | Satoshi Club: Of course, step by step …

Gold Rocket | Satoshi Club: It will be very convenient for users.🔥

Gold Rocket | Satoshi Club: By the way, please share your roadmap with us.

Dragos | Radar: Our goal is to make everything so convenient to use through our ecosystem that you won’t want to switch to other 10 apps that do the same thing

Paul Mont | Satoshi Club A true one-stop-shop for managing your assets. Great value proposition @dragosL 🔥🚀

Gold Rocket | Satoshi Club: Yes, you are one of the few projects that thinks through all the details.

Dragos | Radar: We only have a roadmap for this quarter where we will launch all the products that I told you about and if everything goes according to plan, the 4th one as well. Just don’t want to promise things which we can’t deliver.

Everything you’ve seen and everything that I talked about up until this point will be ready until EOY

Gold Rocket | Satoshi Club: Thanks a lot for the answers

Paul Mont | Satoshi Club: And a very grounded approach, in terms of not overpromising, while still trying to do the best to overdeliver 😉

Dragos | Radar: After the first 3 launches we will just release the whole vision for the project and a 2-year roadmap. Until then I think it would just sound ridiculous and noone would believe us so I want us to deliver first and talk afterwards

Dragos | Radar: As I told you everything is planned out for the next year at least, just want to stay realistic and go through the milestones one by one.

Gold Rocket | Satoshi Club: Absolutely agree 👍

Gold Rocket | Satoshi Club: Are you ready for the next question?🚀

Dragos | Radar: yes

Q5 from Telegram User @Ask4Unik

Radar is accepting 1% for those who wants to withdraw their yield before it matures and 17% APR thereby attracting investors.Is that your strategy?.I also noticed that RADAR funds will be used to market buy RADAR and distribute, as 75%goes to burn and 25% for extra RADAR LP rewards.All of this is subject to vote depending on community voting in the future.Supposing the voting rate is higher in the future will RADAR rise in value?when the yields are matured and an investor wants to withdraw from his wallet, are there withdrawal options an investor can consider?

Dragos | Radar: These are 2 separate things. The APR is about our staking program, which currently has no strings attached, you can stake and unstake anytime.

And the 1% exit fee happens when you withdraw your assets from a vault. Depending on a few things  you could be eligible to have 0% fee. As I said details about token utlity will be announced very soon so stay tuned for that.

The DAO will decide everything in the future and will have the ultimate word in any important decision about Radar. We won’t actually own the project anymore, we will be partners with you guys😁

Paul Mont | Satoshi Club: We can suppose that major token holders will be awarded special benefits by owning the Radar flagship token, as well as when it comes to vault fees 😉

Gold Rocket | Satoshi Club: this incredible trust in the community❤️❤️

Paul Mont | Satoshi Club: Yes, amazing!!

Dragos | Radar: There will be a Tier system, and having the benefits from the highest tier will really mean something

Dragos | Radar: The tokens will pay for themselves, but as I said again sorry about this but don’t want to give too much info yet

Dragos | Radar: You will just figure it out before haha

Paul Mont | Satoshi Club: Haha great, you’ve already provided us with a lot of information and hype to be excited about Radar! Thank you! 🤩🙏🚀

Paul Mont | Satoshi Club: Great, great. Thank you very much. We’re getting to the last question for this very first part of the AMA, then we’re heading into the LIVE part of the session!

Dragos | Radar: Sure!

Q6 from Telegram User @Highpee

I read that your Asset Management App is 100% completed and is ready for launch on 31st of this month. With this asset manager, users can create vaults and others can deposit assets into it. The creators of these vaults can manage the vaults and invest other’s assets as they deem fit. What does it involve for a user to apply as a fund manager? Do your platform set the operation conditions for asset manager or are fund managers given the liberty to set vault conditions such as Weighted ratio of fund, investment currencies, allocator variables, investment strategies and fees structure? How transparent is the transaction activities of user created vaults and will you be able to ensure these vaults remain obfuscate in order for you to avoid unhealthy tactics, potential front-running or other forms of unscrupulous activities?

Dragos | Radar: Everything is recorded on the blockchain (all the transactions, swaps, everything) so there is 100% transparency about what the manager does with the funds.

Each fund will function as a small DAO itself, basically investors will be able to vote on granting/limiting the access of the vault manager to certain instruments ( for example you could let the manager invest in only yield farming on yearn )

You don’t need to have anything in order to create your own fund, but we will have our PoR system that is going to help the end-user choose the right vault for himself.

Dragos | Radar: Hope this answered your questions

Gold Rocket | Satoshi Club: Thank you very much for the detailed answers. 😊

Dragos | Radar: Thank you for the very detailed questions!

Dragos | Radar:

Website: https://radar.global

Telegram Group: @radarprotocol

Announcement Channel: @radarannouncements

Twitter: twitter.com/radarprotocol

Part 2 — live questions from the Telegram community

Q1 From Telegram User

Dragos | Radar: A lot of questions about security so I will just quickly start with this and let you know that each of our products will be audited internally AND by a top tier auditing company AND we will also have a bug bounty program in place, we are taking this VERY seriously. ( Our token is audited by Certik already )

Besides this our CTO is very passionate about cybersecurity and has a lot of experience in this field. He also performed audits for other both tech and crypto companies and discovered a lot of critical vulnerabilities which other audit companies didn’t find, so yeah I am confident that we are doing our best in regards to security!

Q2 From Telegram User @curiosoAMA

Can you explain how your Proof of Return Rewards system works? What is it based on and what are its advantages compared to others on the market? How much can my reward be?

Dragos | Radar: There are no other solutions like this currently on the market. Basically it will be based on a Trust System where depending on how you act / if you invest your own funds in your own vault / if you are kyc’d or not / your maximum drawdown / and a few other things you will be assigned a score which then investors can use to know what to expect from the specific manager

Q3 From Telegram User @Gutike95

Do you point out that Radar repairs the fragmentation found in DeFi? but really what “fragmentation” do you mean? Could it be that there is no cohesion in each of the DeFi products, if so, with Radar it will be possible to operate different DeFi products simultaneously? or how would that “cohesion”

Dragos | Radar: By fragmentation I mean that now if you are a regular DeFi user, I am sure we can all agree that it’s getting pretty tiring at some point to have to use 10 different products for your needs (different wallets, protocols, etc.). So why wouldn’t we just create an all-in-one ecosystem with the ultimate token utility?

*After a lot of thought we still don’t have the answer to the last question so we decided to just build this

Q4 From Telegram User @latedance

You know there are still many people who still don’t know anything about blockchain technology a nd crypto technology and I am wondering how to you plan to bring this kind of people in the crypto world with Radar project?

Dragos | Radar: We will have an educational series on both our blog and youtube channel starting from next month where we will basically take all the concepts and everything from 0 and just build a “Starter Kit” for the non-crypto people

Q5 From Telegram User @cenkkargin0666

What features make you believe that the RADAR platform can stay on the market for a long time? Can you talk about the competitive advantages that can differentiate the RADAR platform from other projects?

Dragos | Radar: We have a lot of advantages compared to pretty much any DeFi infrastructure that you would compare us to, this was the whole idea behind even attempting to build this “beast”

At some point of course we will open-source everything and you will really see how much effort went into all of this.

The most important differentiator compared to anyone: TOKEN UTILITY

Q6 From Telegram User @RosemaryBianco

I am struck by the topic of BUILDING VAULTS within Radar, your explaining on your website that I can create vaults and become an index of other vaults, but to start creating don’t I need to meet some requirements within your platform, an example, a KYC? What benefits would I get by finding subscribers or inviting friends to my vault, would I get any commission for their investment or would you give me any privilege or reward?

Dragos | Radar: There are no KYC requirements as we are 100%  decentralized and permissionless.

We will have 3 types of fees which the manager can implement if he wants to:

Management fee (% of total assets taken yearly)

Performance fee (% of profits)

Exit fee(% of assets at the moment of withdrawal)

Fees are not mandatory though so yeah, everyone is free to use the platform as they wish

Q7 From Telegram User @Antonio287

You are launching your own mobile app,

In market, I have seen many Wallets are almost identical,

How are You different from Wallets like TRUSTWALLET, ATOMIC WALLET, SAFEPAL?

Dragos | Radar: First of all we will have our other products integrated into the mobile app, so you won’t have to use the browser anymore because that kills a lot of the UX quality.

Besides this as I told you our token utility doesen’t even compare to the ones that those other projects have. I am sorry if it looks like I’m bragging, but I’m just stating the facts

Q8 From Telegram User @Jonathantross

I Read that there are Multiple Valults like YIELD VAULTS ,TRADING VAULTS ,LOANING VAULTS and NFT VAULTS ,

 Can you tell me Some points about each of these Vaults , What are the Main Purpose of these Vaults ?

Dragos | Radar: The manager will have the option to create “General” Vault (that will be able to invest in all the available protocols), or one with a more specific investment strategy where the manager is only allowed to invest in yield farming or others, or a mix between them.

Q9 From Telegram User @brainassist

Radar is looking very promised project could you please tell me why should I buy and HODL Radar tokens for a long time without selling them?

Dragos | Radar: Please read our website, whitepaper, ask questions and understand the project and then you will know the answer. 😁

Just to help you a little bit we will have a tier based DAO staking system where depending on the amount of tokens that you stake you receive different benefits. Follow us for more info when the time comes

Q10 From Telegram User @Kushal85127939

Is radar in collaboration with Yearnfinance to provide Yearn vault services through your Dapps? If not, can we expect to see both of team to work together?

Dragos | Radar: Radar will stay 100% decentralized and permissionless forever. If we’ll decide to do something centralised at some point we will create a separate project, but it’s useless to talk about it now because it’s not going to happen in the next few years I believe, too many things to do with Radar.

Q11 From Telegram User @cryptoflower13

I read that Radar has no AUM fee and only charges a 1% exit fee, which can be reduced to 0%, depending on the number of RADAR tokens staked How many $RADAR tokens should I staked so that the exit commission can be 0%? What does it depend on?

Dragos | Radar: 100.000 $RADAR is the top tier requirement. please keep in mind that the 0% fee on the asset management platform is less than 5% of the actual token utility

Details about this coming very soon

Q12 From Telegram User @Kushal85127939

Is radar in collaboration with Yearnfinance to provide Yearn vault services through your Dapps? If not, can we expect to see both of team to work together?

Dragos | Radar: We have already implemented Yearn vaults on our platform. We will start announcing integrations and partnerships shortly, please stay tuned!

Q13 From Telegram User @KASG95

I could read that its star tool is Autonomous Asset Management, which will allow both investors and vault managers to create and unite vaults focused on everything, both returns and NFT, but really what will be the requirement to enjoy it? We must have a large number of tokens blocked for a long time?

Dragos | Radar: There are no requirements to use any product from the ecosystem, it’s just that if you have tokens the experience will be SO MUCH better for you, so yeah, it’s your decision

Q14 From Telegram User @Karry1999

I found that RADAR is Trusted by Famous Investment Funds Like MOONDOT CAPITAL ,

 COINVISION  , ExNetwork and Many More , Can you tell me How these Investment Funds are Important for the growth of Radar ?

Dragos | Radar: We are thankful to all our investors for the trust that they put into us, we have secured a few more deals with other investment funds which are not on the website.

Everyone is doing their fair share of work for this project, it really is a team effort

Q15 From Telegram User @tahanisg

I understand that holders must have enough $RADAR tokens staked to be eligible to vote in the DAO, can you tell us approximately how many tokens we must have to be able to vote? On what aspects of the project will we have a choice?

Dragos | Radar: Can’t announce the specific details yet, sorry about that, but I just said in a previous message that the top tier requirement is going to be 100.000 tokens

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of Radar. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.

For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru

Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners: Radar Website – radar.global
Radar Telegram – @radarprotocol

We are pleased to announce our next AMA on October 24th, 2021 at 05:00 PM UTC Time: Satoshi Club Spanish x Quarashi Spanish

⚠️Click to see the hour
⚠️Total Reward pool: $100

⚠️Requirements:
👉 Join Satoshi Club Spanish Telegram group
👉 Join Quarashi Spanish Telegram group

We will have the following structure:

Part 1: 50$ /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 50$/5 users – Open chat for 120 seconds. You can post Max 3 questions. Quarashi Spanish Team will select 5 questions and answer them.

For more details:
Quarashi Spanish – @quarashinetworkofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on October 22nd 2021 at 01:00 PM UTC Time: Satoshi Club x Sator

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

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

Part 3: 300$ – A quiz about Sator

For more details:
Sator Website – sator.io
Sator Telegram – @SatorSAO
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Arkadiko and our guests, @philipds and @xmrpx1. The AMA took place on the 18th of October.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$.

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Mary | Satoshi Club: Hello Satoshi Club! We are happy to announce our AMA session with Arkadiko! Welcome to Satoshi Club😀 Our guests today are @philipds and @xmrpx1😄

Jonah 🏅🎹 | Satoshi Club: Hello guys, welcome to Satoshi Club!

Pieter: Hi everyone🙂

Mary | Satoshi Club: Welcome here😀

Philip: Hi everyone!:)

Mary | Satoshi Club: Happy to see you here👍 How’s going?

Pieter: Extremely excited for the launch, but busy!🙂

Mary | Satoshi Club: Oh, I only can imagine!😀 Let’s start our AMA then🚀

Guys, could you please introduce yourself and tell us more about Arkadiko?😀

Pieter: Sure! My name is Pieter, I just turned 30 and live in Belgium. Me and Philip met at university where we both studied computer science, already a while ago now🤔

Philip: That is over 10 years ago!

Mary | Satoshi Club: Oh, you’re close friends👍

Philip: We’re close enough friends that we can shout at each other without the other being upset for weeks 😉 lmao

Pieter: Luckily, we haven’t been in this situation too much😛

Jonah 🏅🎹 | Satoshi Club: I like that😁

Pieter: There is so much to tell about Arkadiko…Where do I start? I believe it is a first essential step to establish a De-Fi hub built on Stacks, which in turns builds on Bitcoin, our beloved asset of choice.

Mary | Satoshi Club: Is it first De-Fi that was built on Stacks?

Pieter: We think so, there are some other initiatives but I think nobody is launching this week and we are certainly the most complex piece of software on the network.

Mary | Satoshi Club: Awesome! You are pioneers! Who helps you to build your De-Fi hub? How big is the Arkadiko team?

Pieter: Our core team is 4 members, me as mostly the De-Fi designer/documenter, then Niel and Philip who have written smart contract code together. And then there is Maxcim who is our designer/front-ender. We also have Lout and Charlotte who manage the community.

And we get a lot of help from others in the community, especially Louise and GM Chung!

Mary | Satoshi Club: Wow, you did so much work with only six team members😀

Pieter: Yea the quality of our members is very high🙂 Philip and Niel are incredible engineers.

Mary | Satoshi Club: My applause for you👏👏👏

Pieter: I’m really lucky to work with them.

Jonah 🏅🎹 | Satoshi Club: The quality of what they can offer beats numbers👏

Pieter: It certainly does, in software development, less is often more.

Mary | Satoshi Club: Thank you for your intro, guys! We choose 6 questions from our community for the first part and they’re waiting for you😀 Ready?🚀🚀🚀

Pieter: Yes shoot!

Q1 from Telegram user @Jmagsss:

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?

Pieter: Excellent question. We are not affiliated at all with Stacks or the management team. Decided on Stacks because of the PoX yield on the asset and its unique relationship with Bitcoin. We also saw an opportunity to build something where nothing was built before. So they are not part of the team and not hold any authority at all. Now of course, the Stacks network, on which we are built, has their own consensus mechanisms. Every application building on a blockchain will ultimately be reliant on that blockchain performing as intended. I think as long as Stacks follows the Bitcoin ideology of decentralization and censorship resistance, we will be fine.

We think that every Layer 1 blockchain can benefit from a native stablecoin backed by the Layer 1 asset. If that asset has built-in yield, even better.

That being said, we did a strategic raise and a few key community members from Stacks invested in that. So through Arkadiko governance, they will be able to voice their opinion.

Mary | Satoshi Club: Yes, it makes sense😀 So, you will bring to Stacks their first stablecoin?)

Pieter: Yes and more importantly, we increase the utility of STX as you will be able to use it to mint the stablecoin USDA.

So in the past you had 10k worth of STX, now you can have 10k worth of STX + 2.5k worth of USDA. Almost like magic🙂

Jonah 🏅🎹 | Satoshi Club: Lovely!

Philip: I would like to add a little something about the yield generation of our stablecoin. It comes from Proof of Transfer in Stacks indeed and is generated in Bitcoin, one of the scarcest assets we know as humans and the hardest money ever invented 🙂

One of the reasons to go with Stacks was that exact source of yield. If you compare the yield coming straight from the consensus mechanism to other yield-generating protocols, you will notice that the risk on PoX yield is one of the lowest in the industry!

Mary | Satoshi Club: But you can also admit that all the risks of yield on PoX are not yet known😀 Because for Stacks everything is just beginning, this layer is still quite young)

Philip: Agree. Basically as long as Stacks blocks get mined, the source of the yield is safe.

Pieter: Absolutely true, I want to stress this point: Arkadiko is very experimental and I would advise caution to anyone intending to use it. This is extremely high risk and only put in what you can afford to lose.

Mary | Satoshi Club: That’s the main rule in crypto😀

Pieter: Correct, it is true for anything really.

Jonah 🏅🎹 | Satoshi Club: Yeah, nobody is ready to get burnt😁

Mary | Satoshi Club: Thank you for your answers, guys! Ready for the next question?🎉

Pieter: Yes let’s go!

Q2 from Telegram user @Pavel_Jarosh:

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 1st 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!

Pieter: Yes, so the documentation (found at docs.arkadiko.finance) has a very explicit schedule that can be viewed there.

Not sure what is exactly meant with open sales.

Philip: See here: https://docs.arkadiko.finance/protocol/incentives-and-rewards/emission-schedule

Mary | Satoshi Club: I will ask how I understood😃 Will you have any IDO, IEO etc?

Jonah 🏅🎹 | Satoshi Club: I believe the interest of the user is in knowing how he can get some DIKO.

Pieter: Maybe an important point to make: What we designed/proposed in the docs is our current plan. But Arkadiko will be DAO, which means that plans can change, emissions schedules could change if the majority decides this is beneficial.

You will be able to get DIKO when we launch later this week. Our strategic sale investors will be posting liquidity on Arkadiko Swap, through which you can swap either STX or USDA to DIKO.

Philip: Additionally we have a liquidity mining program, I think Pieter can elaborate on that one.

Mary | Satoshi Club: Yes, we love such programs😉

Pieter: Yes, the first 6 weeks you will be rewarded for minting USDA and depositing STX into Vaults.

And either way, the liquidity pools on Arkadiko are all incentivized with DIKO rewards.

Best way to farm completely risk-free from DIKO price exposure would be STX/USDA pool.

Jonah 🏅🎹 | Satoshi Club: How many Vaults will you have?

Pieter: Well there are two types of Vaults, but both take STX, the parameters are a bit different. But they are quite similar. Also, a user should not have to open more than 1 Vault.

We plan to have xBTC Vaults in the future🙂

Jonah 🏅🎹 | Satoshi Club: Oh ok…do you have a reason for this?

Pieter: Well, a user certainly can create more Vaults but I don’t really see the benefit from this. Ultimately, what matters is your deposited Vault value, whether its in 1 or more Vaults doesn’t really matter.

Jonah 🏅🎹 | Satoshi Club: Yeah, the Value is what matters most!

Mary | Satoshi Club: Very clear🔥

Thank you for your answers! Ready to go to the next question?🚀

Pieter: Yes🙂

Q3 from Telegram user @JesusFre1tes:

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?

Pieter: Well Arkadiko has self-repaying loans, the liquidations are handled by a separate system.

Self-repaying loans comes from the idea that the yield on your STX from PoX is higher than the interest you pay on the USDA mint.

Liquidations are quite complex (Philip designed these) and involves tagging a Vault for auction if it becomes under-collateralized. Then anyone on the Stacks network can bid for the collateral in the Vault. Some of our investors are stepping in as the first providers of this liquidator service, ensuring that the protocol stays healthy at all times.

Philip: Yes, I think @JesusFre1tes meant “self-repaying” here.

Pieter: I think a good sister-project would be MakerDAO, we modelled some parts of our system in resemblance to them.

Mary | Satoshi Club: Yes, I was very excited to see self-repaying, but after the words self-liquidation, I am a bit scared😃

Philip: Pointing out: the STX you deposit are always over-collateralised, meaning you borrow less than what you deposit. But as a nice benefit (or side effect), your yields are way higher (in absolute numbers) than the dollar amount that you owe (i.e. that you borrowed). As a result, we can use that yield to automatically pay off your loan.

All of this happens without monthly payments and it can happen automatically by the protocol. But indeed, there is still a risk of liquidation in case a big market correction would happen and your STX deposit becomes insufficiently collateralised.

Now image a big market correction happens, you will still have time to deposit extra STX to get your Vaults in a healthy collateralisation state again.

Pieter: Yea or pull some USDA from farming and repay a part of your loan.

Pieter: Both methods work.

Philip: The DAO will be launching with 25% LTV on our most conservative collateral type, meaning you can borrow $1 for every $4 (in STX) deposited.

Mary | Satoshi Club: But with that come risks. As I understand it, users need to keep track of everything to avoid liquidation? Do you have any system of notifications for users? In case they are close to liquidation?

Pieter: Not really, that is indeed a responsibility of the user.

Mary | Satoshi Club: Gotcha😃 Interesting system and I can’t wait to see how it will work!

Jonah 🏅🎹 | Satoshi Club: Yeah, an excellent one!

Mary | Satoshi Club: Thank you for your answers! Ready to jump to the next question?🚀

Pieter: Absolutely!

Q4 from Telegram user @yellowchamp:

Arkadiko is a protocol with natural incentives, meaning that all stakeholders on the platform receive direct benefits for the service they provide. So, are these natural incentives just for stakeholders of your platform? How about the holders of your token, especially the long-term holder, are there any incentives for them as holders as we know that not anyone is aware or interested in staking? Can you explain more about the natural incentives that your platform offers to stakeholders? How it will be distributed to stakeholders? Thank you.

Pieter: So currently we distribute DIKO tokens to four emissions sinks:

1. Liquidity Providers of STX/USDA, STX/DIKO, DIKO/USDA
2. DIKO Stakers in the Security Module

So you can stake DIKO without any impermanent loss and get rewarded for that. This will also give you governance voting power. Note that there are some risks attached to the Security Module, I will find the links to the docs explaining it a bit more.

https://docs.arkadiko.finance/protocol/diko/security-module

The idea behind DIKO is you have to stake it or provide liquidity with it. It is not a token to be passively held in wallets, as you will be missing out on valuable rewards.

Jonah 🏅🎹 | Satoshi Club: So in other words, no rewards for just holding?

Pieter: I would say, staking is quite equivalent to holding.

But for just holding in your wallet, no. You would have to use the Arkadiko Protocol to get rewards.

Jonah 🏅🎹 | Satoshi Club: Oh yeah that’s right!

Mary | Satoshi Club: So, it will be used only on Arkadiko platform, right? Do you have plans to list it on some DEXes or CEXes?

Pieter: We can extend DIKO to other DEXes on Stacks once these pop up.

CEX listings is not something on our mind right now, but possibly in the future. We have started early talks there.

Mary | Satoshi Club: I see, hope Stacks ecosystem will grow fast👍

Thank you for your answers, guys! Ready to proceed?🚀

Philip: Let’s go!

Q5 from Telegram user @Asela1112:

By Arkadiko Finance, a new stablecoin will be introduced called USDA, which is to be pegged to USD coins. However, lots of existing stablecoins are 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 has some staking programs in Binance exchange. What about the USDA stablecoin in this matter? Can you elaborate on the utilities of USDA and differences with other stablecoins?

Pieter: We are all for spreading our stablecoin to as much places as possible. But let’s be realistic, USDA will most likely be a Stacks ecosystem stablecoin. But you will be able to swap it against some of the other stablecoins you mentioned. Perhaps in a multi-chain future, you will not exactly know which stablecoin you are using as the complexity is abstracted away.

USDA wants to be similar to DAI but on Stacks. It is decentralized, non-custodial and backed by crypto assets.

Jonah 🏅🎹 | Satoshi Club: Still early and possible!

Mary | Satoshi Club: So, you’re planning a multi-chain future?

Pieter: We are constantly looking to improve USDA and integrations with other chains are likely part of that effort. For now, we focus on Stacks but are already exploring opportunities for bridging or bringing other stablecoins to Stacks against which we can peg (create a liquidity pool).

Mary | Satoshi Club: If it were now and purely theoretically, what chain do you see first joining the bridge?

Pieter: Probably something EVM-compatible, just Mainnet Ethereum is probably the best choice. Solana would be a secondary option.

Mary | Satoshi Club: Wow, excellent choice😊

Jonah 🏅🎹 | Satoshi Club: Great possible options.

Mary | Satoshi Club: Thank you for your answers, guys! Ready for the 6th and last question from this part?🔥

Pieter: Yes please go ahead.

Q6 from Telegram user @victorogb:

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?

Pieter: Ah excellent, a question about the security module.

This exact same mechanism is used by Aave, a lending/borrowing platform on Ethereum. There are other workarounds possible as well, but one of the main reasons that prompted us to choose this solution is actually legal instead of technical.

You can not give token rewards to passive stakers of your token. This automatically classifies your token as a security and we were advised by lawyers to not do this. But we wanted staking and rewards. That is why, we introduced this type of insurance, which can not be seen as passive staking as the capital is potentially carrying a risk.

Mary | Satoshi Club: Got it👍 Lawyers always know better!

Pieter: Well yea, the legal angle is certainly important. It is a minor design choice to sacrifice for the benefit of being compliant.

Mary | Satoshi Club: What can you tell us about security on your platform?

Pieter: We have done extensive testing and went through an audit done by Hiro Systems, an important player in the Stacks ecosystem.

Other than that, there can be bugs/exploits that have been missed by all of us. Which is why, I would advise caution in the beginning.

Philip: Audit was done by 0F*.

Mary | Satoshi Club: Understood😃 Anyway, I can say that you take security seriously.

Pieter: Absolutely, the security of user’s deposits is our primary concern!

Mary | Satoshi Club: I wish you no bugs and no exploits😃

Philip: We have gone through countless iterations to make sure that everything is secure indeed 🙂

Mary | Satoshi Club: Super👍

And now we came close to the live part of our AMA, where our members will ask you a few hundreds of questions😃 Ready for it?)

Philip: Ready 🙂

Mary | Satoshi Club: Let’s go🚀

Part 2 — live questions from the Telegram community

Q1 from Telegram user @garapasik:

What is the structure of the Arkadiko project? Is it decentralized or an open source protocol? If so, how should the governance plan be addressed?

Pieter: We want to transition to a DAO, so decentralized and open-source (we are already open source right now).

Q2 from Telegram user @feranno:

$DIKO is Arkadiko’s governance token. So, how much $DIKO do we need to own to join the board?

Philip: Correct! There is no requirement on the amount of tokens that you need. You can participate in governance (voting on proposals, staking in the security module, swapping etc) with as little as 1 DIKO token!

Q3 from Telegram user @cindy_crypto:

As this year is a year for NFTs, what are your thoughts about NFTs and do you plan to create any NFT marketplace for Arkadiko project?

Philip: We love NFTs!

Right now, we are focused on fungible tokens, meaning we allow you to collateralise fungible tokens only (think xBTC, STX, …) and not NFTs, at least for the next few months. We can imagine a future where you will be able to borrow against your NFTs and are already researching how to work with NFTs as collateral. This is one of the features on my personal wish list that excites me the most 🙂

Q4 from Telegram user @munishgmr:

There is also an Arkadiko decentralized exchange, what main features does this platform have?

Philip: The Arkadiko DEX (in other words, the swap) will power all swapping of your favourite tokens. When we started building the Arkadiko stablecoin (USDA), we also needed a way for users to swap back and forth between USDA and other tokens (e.g. USDA<>STX, USDA<>DIKO, STX<>DIKO etc) so we decided to build a simple swap that allows users to trade their favourite tokens with low slippage!

Q5 from Telegram user @esrarengizbtc:

Are you worried about the future due to the increasing competition between crypto projects with the influence of De-Fi and NFT? How will it be possible for you not to be among the projects that will be left unfinished if the number of projects and the market size do not grow in time? Do you have qualities that give you confidence?

Philip: I think to worry is the wrong word but yes, there are loads of De-Fi projects out there! However, our stablecoin USDA is quite specialised in the sense that it earns a yield for you while you use it.

Adding to that, USDA will be used in a ton of Stacks protocols that are native to the Stacks blockchain and we already have identified several teams that are building on top of Arkadiko (i.e. using USDA in some shape or form).

Q6 from Telegram user @Asela1112:

I heard that you are going to launch Arkadiko Finance on 21st of October. Can you give us a sneak peek about this launching? Is it a kind of fair launch?

Philip: Good question. We are launching on the 21st indeed, that is this Thursday!

It is a fair launch where we give away over 50M of the token supply over the next 5 years as an incentive for users to participate in the protocol. In total, the DIKO supply will be 100M, so that is 50% that we give away in emissions (all through the staking pools that Pieter talked about during the AMA).

Q7 from Telegram user @Prashantbgmi:

Security should be the top priority for projects, what have you done in this field? Is there any big bounty program? What are the criteria for joining it?

Philip: There is a bug bounty program. No criteria except for the rules that we list on our Github page, see https://github.com/arkadiko-dao/arkadiko/blob/master/SECURITY.md

Q8 from Telegram user @Korryl:

My opinion is that Arkadiko is quite an unique name for a project, can you kindly explain what is the meaning of Arkadiko? Why did you choose this name for the project?

Philip: I came up with this name because I think the meaning behind it is very important. Arkadiko is a Greek bridge and one of the oldest ever (~5000 years old) that is still in use today. Here’s some more info in a recent blog post of ours:

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 we seek to construct the building blocks to power Decentralized Finance (De-Fi) that can withstand the test of time.

See https://arkadikofinance.medium.com/the-arkadiko-vision-ab2340bf0b2b

Q9 from Telegram user @csgonub:

All of the crypto projects and De-Fi projects are based on English, but there are many people in the world that don’t speak English. Do you have any local communities for them?

Philip: This is so true!

We are setting up localised Discord channels for people who are not comfortable with English. We already have Korean and Japanese channels, and will be setting up more in the coming days and weeks 🙂

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

• English Telegram group: https://t.me/Satoshi_club/
• Russian Telegram group: https://t.me/satoshi_club_ru/
• Spanish Telegram group: https://t.me/satoshi_club_spanish/
• Telegram Channel: https://t.me/satoshi_club_channel/
• Twitter: https://twitter.com/realsatoshiclub/
• Website: https://esatoshi.club/

Our partners:

• Telegram – https://t.me/arkadikofin
• Medium – https://arkadikofinance.medium.com
• WebSite – https://arkadiko.finance
• Twitter – https://twitter.com/ArkadikoFinance

We are pleased to announce our next AMA on October 21st 2021 at 05:00 PM UTC Time: Satoshi Club x HarpSeal

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

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

Part 3: 300$ – A quiz about HarpSeal

For more details:
HarpSeal Website – harpseal.finance
HarpSeal Telegram – @harpseal_finance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish