We are pleased to announce our next AMA on December 1st 2021 at 03:00 PM UTC Time: Satoshi Club x Genius Yield
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Genius Yield Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Genius Yield Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Genius Yield
For more details:
Genius Yield Website – geniusyield.co
Genius Yield Telegram – @geniusyield_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Good day
how do you plan to attract more investors to this impending project
Genius Yield is a DEX built on Cardano Blockchain for swapping Cardano native tokens and Cardano offers Genius Yield a perfect DeFi ecosystem with its outstanding technical features. You also mentioned about the Cardano’s Settlement Layer (CSL) and Cardano’s Computational Layer (CCL). Can you elaborate on Cardano settlement Layer(CSL) and Cardano Computational Layer(CCL)? What are the features and function of This 2 layers? What are the effects and advantages of this Layers to Genius Yield Ecosystem? Can you share some other outstanding Technical featureS which Cardona offers to Genius Yield? Thank You
Genius Yield is based on Uniswap V3 protocol and on Genius Yield, Anyone can list their Native token, Provide initial Liquidity to set token price and allows others to SWAP their Native token for other assets listed on the platform and Genius Yield offers LPs 3 separate fee tiers per pair for stable coin pools, standard non-correlated pools and exotic non-correlated pairs. What are requirements for anyone to be able to list their native token and provide initial liquidity on Genius Yield? can you elaborate on stable coin pools, standard non-correlated pools and exotic non- correlated pools and their features? Lastly Can you share the 3 separate fee tiers pair Genius Yield offers for each of these pools? Thank You
Genius YIELD protocol Native Tokens, $GENS can be used to open an account at Genius Yield and $GENS will be available on all top exchanges. $GENS also acts as a governance token, and anyone holding $GENS is a part of the Platform decision Making, users can create and vote on proposals by staking or holding $GENS and All $GENS holders will also get reward. Does this mean users without $GENS wont be able to open an account on Genius Yield?, what are the minimum amount of $GENS tokens a user must hold or stake to be able to create and vote on proposals? What are other benefits of holding $GENS token? And lastly, Can you share some rewards in which $GENS holder are entitled to and how are these rewards generated? Thank You
In order to help and inform new users on the basics of DeFi, Genius Yield will be offering an educational platform called “Genius Yield Academy”. This platform is divided into different sections according to languages and level of expertise. There aren’t any much information stated by your website and whitepaper for this feature. While you’re here, can you please discuss more about the Genius Academy and its structure? Will it be open and accessible by anyone from your community? Most importantly, will this feature require payments or will it be free of charge?
In Genius Yield’s “Non-Fungible Liquidity” feature, it allows LP positions to be represented as NFTs and allows those positions to be monetized. This is a great way to generate income in Genius Yield. Can you please explain thoroughly how does this feature works? How is this NFT structure different from the NFTs we usually see in the market today? Will there be a specified marketplace for trading this Non-Fungible Liquidity?
Genius Yield plans to fill the gap between the traditional finance sector and DeFi by introducing a crypto wallet that caters crypto and fiat transactions at the same time. In order to this, I’ve learned that Genius Yield will be integrating a crypto exchange called “Changelly” and its API. Among all of the crypto exchanges in the market and industry, why have you chosen Changelly and its services to be integrated to your crypto wallet? What are the technical advantages of this crypto exchange in terms of services and products?
I found out that there are career opportunities in Genius Yield at the moment. Can you give some details about this? What are the career opportunities that are available at the moment? Are these full-time job offers or they can be done on a part-time basis? How can interested users contact Genius Yield and apply for any of the available offers? Where can interested individuals get more information about this?
-The current DeFi world is too complex so Genius Yield decided to provide educational services through the Genius Yield Academy. Can you more details about this academy? Will users of Genius Yield be able to access your educational services for free or they will have to meet some requirements/pay some fees?
-“At Genius Yield’s Academy, visions of thought leaders, blockchain experts, and the Genius Yield team are available to users to help them understand the true wonders of DeFi”. Is there a way for individuals to join the “teaching team” that provides educational services to users? If yes, what are the incentives/benefits they will get for providing educational services?
The Genius Yield platform is established on the Cardano blockchain. Out of all the blockchain networks currently available in the market, why did you decide to establish Genius Yield on the Cardano blockchain? What are the advantages of the Cardano blockchain that Genius Yield and its users will benefit from?
One way of The Genius Yield ecosystem to incentivize holders is that it enables users to earn a significant passive income. Based on what I have read, all GENS holders will get a reward. You mention that 20% of the transaction fees on the platform will go to GENS holders. I have some doubts regarding this distribution. Will this distribution happen after each transaction or will they accumulate until a certain point in time? That is, weekly, monthly or even quarterly? Are there any exclusion criteria in this distribution? Will each of the GENS token holders receive their reward without exception? Will the rewards be distributed based on the number of tokens each holder has or will each holder receive the same amount of reward?
You mention in your roadmap that you have planned the launch of the Genius Yield ambassador program for the first quarter of 2022. With only a few weeks left, when will the tips to be the ideal Genius Yield ambassador be shared? Do you know in which month the program will be launched? How can we increase our chance of being selected as an Ambassador? What are the tasks that you expect Genius Yield ambassadors to perform? What are the exclusive benefits that we will receive if we are selected as Ambassadors? How many ambassadors do you plan to select in the first cohort? Can we apply to this program even if English is not our native language?
While reading your Whitepaper,you mentioned that you will have 2 set of modules on Genius Yield platform they are “Factory Contract” and “Routing Contract”.So can you tell us the context of both contracts?When and why do you think users will want both contracts?How often will LPs use both contracts?Are there any downsides?When do you plan to implement the 2 modules? Please explain Thanks
Searching for profitable farming APY is a cumbersome task because users have to go manually on all Defi staking protocols,swap and deposit their collateral and exit when the yield is not attractive anymore.So can you tell us how Genius Yield Aggregator will help users automate their liquidity staking?What are the appropriate protocol for staking users need to invest in?You also mention that users can monitor staked token,and I want to asked will you provide a portfolio tracker that will allow users to monitor their token at all hours of the day and track their investments over time?And in what way can users generate the best possible profits? Please kindly explain Thanks
Genius Yield will be launching its ISPO(Initial Stake Pool Offering) on December 15 2021, ISPO is a revolutionary new fundraising mechanism that is more fair, inclusive, secure and it poses no danger to delegators since, unlike an IDO, they do not have to spend their ADA to obtain protocol tokens.So can you introduce to us some advantages of ISPO?Can you tell us how many delegators are you expecting to participlate in your ISPO?What is the amount of ADA you expecting to be staked in Genius Yield pool until the closed date?The variable margin of an ISPO is 100%,what then happens if its less than 100%?Can you state the difference between ISPO and ICO/IDO? Please provide more details on your ISPO. Thanks
I read that we can participate in the governance of Genius Yield by simply holding $GENS. It caught my attention that voting power is derived from the $GENS holdings of the participant. This means that those users who have more GENS tokens will have more voting power. Some users do not agree with this method because the ‘whales’ would have more control and could manipulate the ecosystem at will. Why did you guys decide to do it this way? Do you consider the method in which each user has equal voting power to be disadvantageous?
One of the features at Genius Yield is Felxible Fees range from 0.05%, 0.30% and 1.00 % . It is mentioned that at fee 1.00 %, enrolled for non-correlated pairs. Can you describe more about it? What is non correlated pairs means and give sample about it. There’s also more flexible fees through voting, and how it will be going? Thank you.
Genius Yield basically makes the exhaustive work of APY analysis easier for users, but to what extent is this good for more experienced users? Do you offer advanced tools for the more experienced users? Also, is it possible to automate reinvestments and collections through Genius?
Could you tell us about investor asset protection systems? What technology do you use to prevent sudden loss of funds in the face of market volatility that we see today? And on the other hand, what tools do you offer to take advantage of it in a productive way? How does the asset allocation adjustment algorithm work?
What is your opinion or what makes you consider that Cardano has the potential to become the reference platform for the future financial system, and how Cardano will allow Genius Yield to create an authentic and secure DeFi ecosystem that fosters a prosperous and decentralized community, What is the main purpose for which Genius Yield was created and what can be its impact on the cryptographic culture and Defi ecosystem?
You can explain to us in detail how the Genius Yield yield cultivation process works, what is the scope of your platform and how it protects users against the highly volatile DeFi market, how it will be sustainable for the current financial system and transcend and be the system. financial future?
Hello Genius Yield team. In the spirit of financial inclusion, the Genius Yield platform has been created to cater to both sophisticated and novice DeFi users. To assist the novice DeFi users, Genius Yield, have created the Genius Academy. This seems wonderful to me since it is a very useful tool for novice users. Will all the resources available in this academy be totally free? Can we suggest topics to be addressed within the academy? When will the academy be launched? Approximately in which month will its launch be announced? Thank you!
According to their experience and cryptographic DEX experiences, what are the problems facing the decentralized financial industry today and what are their proposals and possible solutions, how can we differentiate it from other performance protocols, how long do they estimate it will take to become the DeFi protocol target for the crypto industry?
How long has Genius Yield been on the market and in this time what has been the feedback received by users? Do you consider that your goal of being ” the destination DeFi protocol for the crypto industry.” has been achieved or how long do you think it needs to grow further considering your growth in this time? How would you like Genius Yield to evolve over the years and how do you plan to maintain user interest in the long term?
I see that your platform aims to cater to a wide variety of customers, from advanced to beginners, do you consider that your platform is easy to use and understandable for beginners in the world of cryptocurrency trading or do you have to have a minimum of knowledge to work with Genius Yield? Do you have any benefits for novice users that we will not find in other yield optimizers?
Wouldn’t the fact that Cardano uses Plutus (its own smart contract language) bring problems for the average user of inter-string compatibility? By the way, does Genius Yield work only with Cardano or can it also become compatible with tokens from other chains such as BSC or Solana? Do you think that in some way Genius Yield can increase the adoption of decentralized finance for users who were not familiarized so far?
To ensure the stability and growth of the token, do you implement some mechanism like BuyBack system, can you share with us what other mechanism and/or system you implement to provide stability and maintain constant deflation of the token?
Could you please tell me just a little more about the team and some of their backgrounds? I have personally seen many projects launch with inexperienced team members, and some of those didn’t go so well due to easily avoidable mistakes.
Do you have plans in the future to bring out more Genius Yield products? If so, what are they and what are their approximate dates?…. At this time when NFTs are booming, does Genius Yield offer us any benefits or are you working on any projects for buyers and creators of NFTs? What innovative features does Genius Yield have that we can only get on your platform that the competition doesn’t?
I would like to know what benefits your Genius wallet provides compared to other more popular wallets? Do you have any improvements in security or optimization when buying or selling tokens? Do we need to meet any requirements to be part of Genius Academy? How does Genius Academy work and how can we participate? Do you have a community in languages other than English?
One of the features of Genius Yield is the one that safeguards users against the highly volatile DeFi market by constantly adjusting their asset allocation. Can users adjust this to the specific markers they deem safe? Or is it fully automated by the protocol? How much can we customize in the safeguarding feature when preparing for different possibilities?
On your Whitepaper, the section dedicated to staking offers no real info about the implementation of Staking in your own platform. Would you tell us if we will be able to stake GENS tokens? What difference does it make to stake in blockchain, and in DeFi? In which category does your platform fall? Please explain!
Most investors are afraid to put their money in platforms that block funds when the situation turns unfavorable, can you tell us if Genius Yield allows to exit yields that have become unprofitable without any penalty?
Genius Yield will offer liquidity pools on the Cardano blockchain that will allow users to utilize DeFi services in a secure environment with Superior performance and scalability; the genius Yield pools will enable users to swap their Cardano native Tokens for $Gens, which can then be used to open an account on the Genius platform, for staking, and becoming a validator on the Genius protocol. How would users who do not have Cardano Native Tokens on the blockchain be able to open an account on the Genius platform, for staking, and becoming a validator on the Genius protocol?
The Genesis Yield rewards structure is said to utilise a simple and intuitive model which is considered to be fair and easily understood by all. However, upon careful analysis of the format as provided in your documents, I found it a little bit confusing. Therefore, can you briefly provide a clear & detailed breakdown of the rewards structure, how simple and intuitive can it be to the first time investor? Also, can you also take the time to expantiate on the Bonus Rewards Program, what are the necessary criteria and functions that qualifies one for this?
The Genius Yield rewards structure is said to utilise a simple and intuitive model which is considered to be fair and easily understood by all. However, upon careful analysis of the format as provided in your documents, I found it a little bit confusing. Therefore, can you briefly provide a clear & detailed breakdown of the rewards structure, how simple and intuitive can it be to the first time investor? Also, can you also take the time to expantiate on the Bonus Rewards Program, what are the necessary criteria and functions that qualifies one for this?
It’s heart warming to know that Genius Yield doesn’t only want to help people access decentralized finance—it wants to help people understand it. That’s why we’ve launched the Genius Academy, a place where everyone can access the information they need to understand the world of DeFi.Will tuition fees be paid before enrolling in your Academy? How are The tutors in your Academy selected? will the videos available in your Academy be accessible for free or users must pay a certain amount before viewing it?
I noticed that anyone is able to create proposals on Genius yield, regardless or whether they hold $Gens token.Each proposal consists of a question posed to the community and several answers to it that users can vote on in a given period
Does it mean that the number of answers given given by the community will determine the acceptance or disqualification of the proposal? will the acceptance of the proposal be measured by percentage?If yes, what’s the maximum percentage of votes needed to qualify? Can you specify the time period answers can be delibrated on for users to vote?
Going through your documents, it is stated that Genius Yield would only support the Cardano Shelley-era Wallet types which are available in six (6) different classes. Though there are reasons for the choice of these wallets been that Genius Yield is implemented on the Cardano chain, but why wouldn’t Genius Yield consider making its services accessible with some of the more popular wallets like Metamask, Math wallet etc., and what are some other recognisable advantages of choosing these wallets asides its Cardano chain preference?
In Genius Yield, the liquidity is concentrated, and LPs get a justified price range according to their capital. They can put their money in different price ranges to diversify in terms of risks and profits. This allows a more flexible model where users can create their path of liquidity management.If an investor capital is $1000 , what would be the LP reward?does he stand a chance for more risk or profit?If he will be at risk how can it be controlled? what’s your profit margin?
For the first quarter of 2022,you plan to launch a Genius Academy and Reward Program. So,can you explain more about what learnings and knowledge that Genius Academy will impart and share to users? How can anyone apply or enroll in this academy? Is this academy is free or we need to pay to be able to attend? Regarding your Reward Program,can you explain in advance the structure and mechanics of your upcoming Reward Program? How can anyone participate this Reward Program? What kind of rewards will be given as prize for this reward program? Does this program is only limited to your users or it is also available for newbies that want to be part and to explore in Genius Yield network? Thank you
Genius yield will have an Ambassador Program and Bug Bounty Program in your platform. So,could you elaborate more details about your Ambassador and Bug Bounty Program? For your Ambassador program,is this openly available for any languages or it only focus on English for your global group? Can you explain the duty as an Ambassador in your platform as well as the compensation for the job render? For your Bug Bounty Program,does participants must need an experience of being a Bug Bounty hunter to be able to participate this program? What prizes or rewards are awaiting to be won with this program? For this 2 Program of Genius Yield,how do you allocate funds for the salary of your Ambassador and for the prizes to be given to Bug Bounty Program? Thank you