We are pleased to announce our next AMA on November 19th 2021 at 01:00 PM UTC Time: Satoshi Club x Polydefi
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Polydefi Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Polydefi Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Polydefi
For more details:
Polydefi Website – polydefi.io
Polydefi Telegram – @polydefi_community
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
1. What about NFT are you planning your own?
2. Your project is very interesting for investing but what about marketing?Where we can see PolyDefi ads?
3. What features and utilities $OCTAGON has?
-The major problem of most launchpads in the crypto space at the moment is the high fees that they have. Some of these launchpads have fees that are up to 50% of the total raise which is not suitable for a project and its investors. How does Polydefi solve this problem? What is the fee charged by Polydefi and how is this fee distributed/used in the Polydefi ecosystem?
-After raising funds for IFO projects, does Polydefi provide any other form of support for these IFO projects?
-I learnt that POLYDeFi will work with tiered launchpad pools which has a total of 4 tiers. Can you list the 4 tiers of POLYDeFi launchpad pools? What are the factors that determine the tier which a user will belong to? What are the features or benefits that come with each tier?
-“POLYDeFi’s native token ($OCTAGON) holders can stake USDC according to the tiered launchpad pool that they have qualified for”. Does this means that the maximum amount of $USDC a user can stake depends on their tier? Will the allocation of an IFO a user is to receive also depend on the tier the user belongs to?
“POLYDeFi is a project that strives to decentralize the way in which new projects coming to the Polygon network raise funds”. “POLYDeFi will only launch serious projects who have their main platform as good as ready”. What are the minimum requirements that projects must meet to be launched by POLYDeFi? What features must a project possess to be considered serious/worthy to be launched by POLYDeFi? What are the systems set up to ensure and assure the safety of investors? How can a project contact POLYDeFi to apply for IFO?
As far as I can remember, you have already conducted an AMA event here in Satoshi Club last September this year. The previous AMA was very informative where the project’s products and services was clearly explain and discussed. Two months later you back here again to conduct another AMA session with us. In those two months, could you please elaborate to us what were the notable and significant milestone/achievement PolyDefi have attained? Were there big news for your project and within that two months? How would you see PolyDefi in another two months prior today?
Earlier this month, PolyDefi have conducted a liquidity migration to a new DEX called “PearZap”. What was/were the main reason/s behind this migration initiative? Why have you chosen PearZap as the new DEX where you will put your liquidity? Could you please explain to us the process involved in this activity? Lastly, what will happen to the previous farm pools? Can the users involved in those native pools migrate their stakes also?
Aside from the weekly contest and games for the community, PoyDefi has another way to engage its users and community through the “POLYDeFi Casino”. Can you please talk more about the mechanics behind your casino service? What is the structure of this casino game? Will it be accessible by anyone from the community? How can users participate and hopefully win the casino?
POLYDeFi its native token ($OCTAGON) holders can stake USDC according to the tiered launchpad pool that they have qualified for, to receive an allocation of the IFO. Each of the 4 tiered launchpad pools will require a LP token lock. The more LP tokens get locked by an investor, the higher his/her tier will be, the more USDC he/she can stake, the more allocation of the IFO he/she will acquire.You said the more LP token that gets locked by an investor,the higher his/her tier will be, What’s the intial LP token an investor can lock in order to realize more tier? what’s the duration a token can be unlocked? what’s your staking period?How much can a new investor stake on polydefi?
I Understand that POLYdefi has an Ambassador Program and The POLYDeFi ambassador program is put in place to reward active community members when they help the project by finding quality launch projects and any community member can be an ambassador. Can you elaborate more on POLYdefi Ambassador Program? When an ambassador forward a potential project to the POLYdefi core team, what are the rewards they recieve and how are this rewards distributed to them? What are terms and conditions Associated with this rewards? and lastly how can Ambassador(any community member) Forward this potential projects to PoLydefi Core team?
It is interesting to know that you have the interest of your investors at heart,So on what basis are new investments project classified?
We will strive to give our investors as much benefits as possible for raising the initial funds for IFO projects. This means we select only worthy projects for our IFOs, which we will help increase their token price.How do you raise the funds to help new investors?Is it through campaigns or advertising the brand?After that increase we will help them to maintain token price as much as possible.Are instructional materials designed to help new investors scale through?
From your whitepaper I discovered that at POLYDeFi, there are two native farms, in which you can either stake your $OCTAGON/$USDC LP or your $OCTAGON/$MATIC LP to earn $OCTAGON. And Both of these farms will have an unusual withdrawal fee of 4%. This means that the project is getting LP tokens from the people that make withdrawals from the native farms. Liquidity from these LP tokens will be removed and $OCTAGON and either $MATIC and/or $USDC will be leftover. The $OCTAGON tokens that are generated from the withdrawal fee will get redistributed through our native farms and they will be used to top of partner staking pools. How much is dedicated for buyback and burning rate? Who are your partners and what are your plans to come up with more partnership in the future?
From your roadmap i noticed that
polydefi is planning to Integrate within a new chain,can you please tell us apart from Polygon chain what other chains do you intend to Integrate with?You are also launching your new casino features.what are investors or users expecting from this new brand?How can we participate? will it be an online process or an in-house gaming system? explain and thanks
Looking back, I remembered that PolyDeFi had an AMA session here at Satoshi CLub on September 20th. It has not been a long time, however in two months a lot can happen. Can you give us a summary of the events, milestones, and most outstanding achievements that PolyDeFi has had in these two months? Are you currently maintaining the same focus on priority that you had two months ago or has your priority changed? What has changed in PolyDeFi in these two months?
I understand that POLYDeFi has a total of 4 tiers, each with its own tier size and The amount of LP tokens needed to qualify for each tier will be made available soon and this tiers include: Bronze, Silver, Gold and Platinum. Can you elaborate on planned feature of each tier? What are the benefits and rewards users will receive for qualifying for each tier?
I understand that POLYDeFi has a total of 4 tiers, each with its own tier size and The amount of LP tokens needed to qualify for each tier will be made available soon and this tiers include: Bronze, Silver, Gold and Platinum. Can you elaborate on planned feature of each tier? What are the benefits and rewards users will receive for qualifying for each tier? What are other usecases of LP tokens?
At POLYDeFi you have 2 native farms, in which users can either stake their $OCTAGON/$USDC LP or their $OCTAGON/$MATIC LP to earn $OCTAGON.My question is,Can you tell us the features/advantages of each farm?Will there be a minimum or maximum amount to stake $OCTAGON $USDC/$MATIC before users can earn $OCTAGON?What is the given APY when users stake on the $OCTAGON/$MATIC farm and $OCTAGON/$USDC farm?You said that both farms will have an unusual withdrawal fee of 4%.Can you tell us the reason for the fee, is this fee fixed or as time goes by it will increase?And what will it be used for? Thanks
You introduced your brand new POLYDeFi Ambassador program.This ambassador program is put in place to reward active community members when they help the project by finding quality launch projects.So are these community members given some kind of informations to finding quality launch projects once that can be trusted?Is the Ambassador Program open to all community members or large holders of your token or early investors who had stuck with you for a long time?You also said that when an ambassador (any community member) forwards a potential launch project to the POLYDeFi core team they will become eligible for a payment of 0.5% of the total raise when we end up launching the introduced project but you also said that when the POLYDeFi core team is connected to the launch project, the ambassador has no claim on the 0.5%.So how can an ambassador forward incoming projects to you team?Can you please explain why the ambassador will no longer have a claim on the 0.5%?
According to your roadmap from October to December you have some unique features that will be add value to your project.The first is the about your Casino,I noticed you have already Release your casino features.So can we get to know this features and how unique and different it is from existing casino platforms features?You also plan to introduce the different programs IFO projects can follow.So how will these different program attract more projects to platform? Launching your launchpad is also the next big thing on your platform,so can get a sneak peak of it and how are ready are your team to launch it before the year ends?Lastly,you plan to integrate to a new chain aside Polygon,so can we get to which chain will it and why you choose it? Please kindly explain the unique features of your roadmap. Thanks
In the first quarter of 2022, you will launch a NFT Collection within PolyDefi ecosystem. Please give us a sneak peek about the NFT Collection? Will it be like a marketplace or metaverse? Can you tell me the type of NFTs which you intend to add there? Who will create PolyDefi NFTs for you, Will you recruit a professional NFT artists regarding the NFT Collection?
I understand that PolyDefi provide a tiered IFO (Initial Fund Offering) for new projects. When considering IFO events, the bond between investors & new projects must be take in to account. How will you manage both parties by giving them a good service as a third party project & How will you gain a profit for your service? Explain more about the inter relation with investors & new projects? In what way Will the KYC process be impacted on both investors & new projects to approve them by adding the transparency?
Cooperation with Pearzap, PolyDefi has announced a Profile Picture Contest & the reward is worth of 300$ $PEAR tokens & $OCTAGON tokens. I am already participated & hope to win. When will you announce the winners? What are the rules & regulations in this Contest? Should we keep some $PEAR & $OCTAGON in our wallet to win this contest?
PolyDefi is only charging 15% fee from a raise unlike other launchpad platforms that charges up to 50%,my question is why do you make this choice,is this fee not too small compare to the services you are to render on your launchpad for new projects which include mentioning but few,marketing new projects on your chain, introducing new projects to your partner teams,etc.will this be the overall fixed price even on long term or it will change as your project expand in growth and services, how do you intend to raise funds for development of your project if you charge such a small amount of fee? Also you said a project is worthy of launching on your platform If they meet up to your expectations,passed the due diligence stage,passed the KYC stage and when they have a community backing them up, please kindly elaborate on these stages of requirements,how is your KYC process,what Is the due diligence stage investors must pass? How can they can community backing in order to be worthy of launching on your platform? Thank you
I learnt that the reason you choose the name PolyDefi is because 1- it is initially going to be operating on polygon chain 2- the goal is to be all-in-one platform where users can never leave it for anything they want but that PolyDefi will in first instance be a launchpad, understanding this 2 reasons means that there are more plans for PolyDefi in terms of more chains and features,and this is confirmed from your roadmap of integrating to new chain in Q4 2021 and Q1 2022,can you tell us the chains you want to integrate to and how many chains are you planning to include? Can you tell us also about the exciting features you want to implement into Polydefi to make it all in one platform? Thank you
PolyDefi as a tiered IFO platform has total number of 4 tiers investors can lock their Lp token namely bronze,silver,gold and platinum,and each of these tiers have their different sizes, please tell us what are the specific features of these tiers,you said holders can stake USDC according to the tier they qualify for,what is the requirement to qualify for each tier? What are the sizes of each tier? What is the total amount of Lp token to be locked in these tiers to qualify for more allocation of IFO,more tier, to stake more USDC? Thank you
Been an IFO launchpad, partnerships and collaborations are essential in order to send the right message to investors, projects and the community at large. With the proliferation of Launchpad projects, this genre has become reasonably competitive over time. Therefore, how will Polydefi look to forge meaningful partnerships with projects that align with its visions and goals thereby increasing market relevance? Also, can you give us a rundown of current and future partners, how has the various alliances assisted Polydefi so far, and what are the expectations of Polydefi as it forges reasonably partnerships with projects via its IFO launchpad services?
Talking Launchpad services, a host of projects within this genre have perfected their respective processes to a proper conduct of such services for partner projects. Even as Polydefi hopes to better the processes and procedures cureently available, can you kindly provide a comprehensive step by step process on how Polydefi efficiently and securely carries out its IFO Launchpad duties for projects, how will your process guarantee equitable and transparent participation for all? Finally, what are the unique advantages available to these projects who choose launch and raise funds via your platform?
I see that Polydefi’s star mechanism is to implement your $OCTAGON token so that users can stake USDC according to the pool size and receive an allocation of the IFO, so there is no other use case for the $OCTAGON token other than being a holding token? Is it possible that $OCTAGON can be staked directly? What are the benefits of using a stablecoin instead?
According to the data on your website, POLYdefi cares a lot about the security of the project and most of the funds and wallets are blocked in a very transparent way, but what about the protection of the project against external attacks? What improvements and optimizations are you looking to make to the platform and infrastructure to cover all the risks?
About a month ago the POLYDeFi team shared the launch of the ambassadors program, great news for the entire community! You mentioned that the POLYDeFi ambassador program is put in place to reward active community members when they help the project. This is of mutual benefit as the community contributes to the POLYDeFi ecosystem and users are rewarded for their effort. What kind of rewards will POLYDeFi ambassadors receive? Where can we register our application for the program? According to what you expect, what is the main task that POLYDeFi ambassadors must carry out? What kind of contribution do you expect from the ambassadors?
Hello Polydefi! This is not the first AMA you’ve had here on Satoshi Club, and the last one is still fairly recent, however, would you let us know how much progress you’ve made since your last time here? What are some milestones you’ve reached since launch? What is there left to do before the end of 2021? Are there any platforms launching this year?
Is your launchpad live already? You mentioned before that only projects with a good use case, loads of utilities and/or project that have their main platform as good as ready would be eligible. So, would you list what projects have already been launched with your launchpad? Also, which projects will be launched soon? Thanks!
POLYDeFi is a project that strives to decentralize the way in which new projects coming to the Polygon network raise funds. This is a total innovation. POLYDeFi’s native token is the OCTAGON token, holders of this token can stake USDC and receive an allocation of the IFO. Will the allocation that each one will receive depend on the amount of OCTAGON tokens that the user has? The more OCTACON tokens a user has, the greater the possibility of being able to participate in all the IFOs that take place in POLYDeFi? Will there be some IFOs where only users with a specified number (a large number) of OCTAGON tokens can participate?
Hello POLYDeFi team. You mentioned that the POLYDeFi team will not dox itself externally and therefore it will stay anonymous. You emphasize that one of the reasons you decide to remain anonymous is because it has no benefit to the community to know who exactly is on the team. However, the community feels more confident and secure when a project team is public. Has POLYDeFi been audited? Have you already decided to remain permanently anonymous or could you consider going public in the future? For what reasons other than the one mentioned do you prefer to remain anonymous? Thank you!
I read that $OCTAGON token holders will be able to participate in IFO in the most secure way on the Polygon network, but, could you also tell us, what other benefits does $OCTAGON offer, what are its use cases, how many ways are there to acquire it, what are its tokenomics, what system is used to maintain a stable value and what guarantees that its distribution is done in a fair and transparent way?
I read that the security of user funds is a priority for PolyDeFi, so could you please outline for those present, what measures have been implemented to maintain adequate security, how do you assure users that you are looking to keep hackers away from PolyDeFi?
Like POLYDeFi there are other projects dedicated to decentralize the way in which new projects that come to the Polygon network raise funds, so what drove them to create their platform, what are the errors they are looking to solve, what do they consider that other projects do not do and tell us, how long have they been in the market and from that day until today, how many projects have helped to raise funds?
Sponsors and partners are very important nowadays and in your website, I could not find if Polydefi already has partners or sponsors, so, I would like you to please clarify this doubt and in case you do not have sponsors and partners, please tell us if you are looking for them and if so, what kind of partnerships are you looking for and what values do you want them to bring to Polydefi?
Polydefi has a different way of working than other platforms, it will work with groups of staggered launch pads that have a total of 4 levels. What are these 4 levels of POLYDeFi launch pad groups? Could you tell us how this works on the polydefi system? What are the benefits and advantages of this level system? What kind of advantages can the users get depending on the level they are in?
I noticed that in order to apply to an IFO, the projects simply have to fill out a form with fairly simple questions such as How much is raised so far? How much are you looking to raise in the IFO? and more … could you tell us what criteria do you take into consideration to choose potential candidates to run an IFO? What could lead to an automatic disqualification by POLYdefi?
In your most recent announcements you mentioned the collaboration to carry out a liquidity migration with a project that we had just yesterday at Satoshi Club: Pearzap. Can you first tell us what led you to perform the code migration and if there have been errors along the way? What benefits does it bring to the project having moved the liquidity to the JUIX DEX?
PolyDeFi is a project that seeks to decentralize the way new projects that come to the Polygon network raise funds. But how do they raise funds for these projects and how powerful can they be? What are the essential tools or supports to achieve decentralizations?
With POLYDeFi, new DeFi projects will be able to raise funds cheaply and quickly. But how do you guarantee absolute security in these collections to the investors of these projects? Why should you trust and partner with PolyDeFi? What are the most important advantages and benefits offered by this platform to the projects you would help?
Let’s talk about security. How is the security system that POLYDEFI offers to the projects incorporated in the platform set up? How is the transparency control managed so that the funds collected from the platform are not disseminated or lost?
In the month of September Polydefi held an AMA event, it has only been almost a month and a half, what has changed for the betterment of Polydefi? What advantages have you been able to achieve in this time? What would be those achievements that have been obtained in these almost two months? Do you still keep the same point of view in priority or has your priority changed?
How secure is the polydefi financial system and can you describe how it works? what guarantees can this platform offer to create a new vision for users to become interested and invest? how could you provide NFT users with maximum transparency so that they can invest with confidence because currently in the crypto world there are many scams? how could this app change the way users think? what guarantees can you offer to create a new vision for users to become interested and invest?
POLYDeFi is a transparent next generation tiered IFO launchpad running on the Polygon chain. So what are the requirements of a project to apply for IFO? What are the success rate of PolyDeFi in IFO launching? How will you be a bridge of success for starting projects? What benefits do you bring for the projects that you launch? And, of all launchpads in the cryptospace nowadays, why should starting projects go for PolyDeFi?
Aside from providing a strong foundations for projects applied in your launchpad, how about being an investor or contributor in your platform? How will you prove to crypto or even non-crypto investors that investments in PolyDefi is worth it and profitable? What is the minimum investments? How will you make your investments feel valued and how will they be a part of your ecosystem? What accesses does investors in your platform have? How does PolyDeFi treats its investors?
Most launchpad nowadays collapse because they fail to nurture and guide a project to success. This made other starting projects not to trust and pick a launchpad carefully. So how will PolyDeFi convince starting projects to choose to launch in PolyDefi? What type of support do you provide to projects before and after their launch? And how much are your launchpad fees?
In your post you informed us about
Multiple alerting support apps (mail, Telegram, Slack, Skype, …).
Set the alerts by many methods (price value, price step, percent, …).
Set up the sleeping time, then the alert will keep silent when you sleep.
Show your token amount and balance also on the notification.
Set alert for every new token in the supported networks. So my question is, Does this app works in other social media apps? And does it work like a Robot? How long will it last?
How will the POLYDeFi tiered IFO platform assist new cryptocurrency projects in raising funds to kickstart their projects, and how can projects apply to be a part of these fund raising events? Is it possible for anyone to participate in POLYDeFi and raise funds through it?
POLYDeFi aims to decentralize the process of raising funds for new projects joining the Polygon network. What are the Polygon’s current design attempts to combat decentralization, and how is POLYDeFi addressing the issue?
As you will strive to give your investors as much benefits as possible for raising the initial funds for IFO projects. This means you select only worthy projects for your IFOs, which you will help increase their token price. After that increase you will help them to maintain token price as much as possible. So,you will still have a connection with the project that launch IFO in PolyDefi even if IFO is already finished? Literally,how would PolyDefi help to maintain the token price or help to increase the token that had an IFO in your platform? Do you have any collaboration for marketing or advertising platforms that will also help you strategize how to increase the price of the token in possible ways? Do you also provide funds for marketing or other expenses to help increase the value of the Project’s tokens in the market? Thank you
I found out that PolyDefi inks a long-term partnership to PearZap in which you performed an $OCTAGON liquidity migration to the PearZap DEX. Firstly,can you tell us more about the Liquidity migration? What is the reason of migrating Liquidity? Why do you choose to migrate your Liquidity to PearZap? Can you describe more about your partnership to PearZap? As this your partnership with PearZap is considered long-term,how many years is the contract of your partnership? Lastly,can you share to us the win-win benefits of this partnership and it’s impact to your users and investors? Thank you
Describing about the security and the transparency of your platform, you have mentioned a feature “Timelock since launch”. Moreover, you have stated that there will be a timelocked developer wallet and a timelocked project wallet. Can you deeply explain about this “Timelock” concept? How does it help to ensure the security and the transparency of POLYDeFi? In addition to ensuring these two aspects, are there any advantages of this “Timelock” feature?
It has been indicated that you have chosen Polygon because it has the fastest and cheapest decentralized transactions. It is true that these two points are important and should be considered when choosing an option. On the other hand, there are more popular choices such as ETH and BSC. In addition to aforesaid two features, did you notice any special advantages of choosing Polygon when compared to ETH and BSC? Didn’t you identify any drawbacks of Polygon and benefits of ETH and BSC? In the future, don’t you have any idea to expand your platform to other chains?
You have mentioned that your native token, $OCTAGON can be mainly used for participating into IFOs and it will gain loads of utilities over time. Can you give an idea about those utilities? What are the target groups of your token? If you offer utilities such as staking rewards/lending options, investors will decide to purchase $OCTAGON. Otherwise, there is no point of buying the token if someone is not interested in participating in IFOs. Thus, please deeply explain the future utilities of $OCTAGON and when do you hope to introduce them.
$OCTAGON tokens can be purchased through Jetswap Finance currently. How much is the slippage to be set in Buying $OCTAGON from Jetswap Finance? You should be hurry in listing $OCTAGON token on multiple exchanges like Uniswap, Pancakeswap, Probit etc.. When will we able to buy $OCTAGON tokens from popular exchanges mentioned above? Do you have any plan to list $OCTAGON in binance exchange in future?
You have planned to launch your first NFT collection at the beginning of the next year. Can you give a sneak peek of this collection? Nowadays, most of the projects offer their own NFT collections. Do you also offer one because it has become a trend? Or is there a specific relavance of your NFT collection to the project? What type of NFTs will be there? What will be the payment options? Do you plan to introduce some benefits/privileges for NFT holders?
You have indicated that you will host one giveaway per month. Are there any prerequisites to participate in these giveaways? What is the next giveaway you are going to host? Further, please explain the selection criteria of winners. Similar to almost all the projects, are the winning chances based totally on luck? When you are ready to host a giveaway, where do you announce it, on the particular platform or on all of your social media sites?
I am familiar with Binance launchpad. Will your launchpad be similar to the Binance one? If there are any differences, please explain in detail. Further, do you guarantee about the projects you list on the launchpad? What kind of measures do you take to avoid scams? Please let us know your selection criteria for a project. If a project turns into a scam after we invest, is there an option to complain you? Will we be able to get the funds back?
Initially PolyDeFi platform has developed on Polygon network & enhance the Polygon ecosystem by Providing the Fund Offerings. I want to know, Will you do IFO events for only Polygon Based new projects? Or will you serve for other blockchain products also? If not, When will you onboard the other main blockchain networks such as BSC, Solana, Cardano? I mean, what is your idea about a cross chain comaptible IFO platform?
Congratz for doing successful audits three times with Tech rate, Paladin firms. PolyDeFi project seems to be an non ruggable project so far. So when will you conduct your next audit? Will it be with Tech Rate or CERTIK firm? Don’t you have an idea to conduct some bug bounty programs to catch the invisible bugs on your Smart contract?
what is the advantage for join with PolyDefi?
what security you have in your project to make this Defi safe for everyone and convince all investor?
what’s your plan to make a partnership that make $OCTAGON famous in the world?