AMA Satoshi Club x Centrifuge, January 12th

We are pleased to announce our next AMA on January 12th 2022 at 01:00 PM UTC Time: Satoshi Club x Centrifuge

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

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

Part 3: 300$ – A quiz about Centrifuge

For more details:
Centrifuge Website – centrifuge.io
Centrifuge Telegram – @centrifuge_chat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

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72 thoughts on “AMA Satoshi Club x Centrifuge, January 12th

  1. Me enteré de que INTERGRITEE Network está presentando un programa de embajadores para personas apasionadas sobre los temas de INTERGRITEE Network. Por favor, ¿puede compartir con nosotros cómo una persona puede participar en el programa de embajadores? ¿Cuáles son los requisitos para que una persona sea elegible para participar? en el programa de embajadores ?, ¿cuáles son los beneficios de ser embajador de la Red INTERGRITEE?

    _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

    I learnt that INTERGRITEE Network is introducing an ambassador program for passionate individuals on the issues in the INTERGRITEE Network.please can you share with us how an individual can partake in the ambassador program?,what are the requirements for an individual to be eligible to participate in the ambassador program?,what are the benefits of being an ambassador for the INTERGRITEE Network?

  2. I understand that every Asset Originator creates one pool for their assets and also investors can invest in two different tokens: TIN and DROP. TIN, known as the “risk token,” takes the risk of defaults first but also receives higher returns. DROP, known as the “yield token,” is protected against defaults by the TIN token and receives stable returns. Can you elaborate more on how to create a pool in Tinlake? Can another asset originator invest in another investor’s pool? What are the requirements for the creation of pools? Can an investor invest in both tokens(TIN and DROP) at thesame time?

  3. From your website, we believe that Tinlake is only the first step. The Protocol we are building will enable use cases such as Deep Tier Finance fulfilling our vision to foster economic opportunity everywhere. Can you elaborate more on the protocol you are building and how will it work? What are other use cases which this protocol you are building will posses and what are other features can they perform in your eco-system? Lastly, how do tinlake plan on using the Deep Tier Finance for a better performance of the Tinlake centrifuge?

  4. I understand that Tinlake is an open, smart-contract based marketplace of asset pools bringing together Asset Originators and Investors who seek to utilize the full potential of DeFi. On Oct 28, 2020 Centrifuge officially announced the launch of the third Iteration of Tinlake, Centrifuge’s real-world assets financing dApp. And also, you’re also hiring new people to join your team. Can you tell us about the v3 of the Tinlake? What are the newly added features in this added V3 of the Tinlake that makes it better than the last? How can we apply for any of the vacancy in Centrifuge? What are the required qualifications?

  5. I interestingly read from your website that Tinlake is currently built on Ethereum, however going forward it will be fully migrated to our Centrifuge Chain and our secure p2p protocol. This will allow accurate pricing and risk assessment of any kind of assets (be that your future revenue as a business, a house or some farm land) and create liquid markets for these assets. Can you please tell us what made you chose to work with etherium block chain which has high gas fees compared to other Blockchains? You also mentioned that in the feature, you’ll be fully migrated to your Centrifuge Chain and your secure p2p protocol, do you mind telling us when do you plan on carrying out your migration process? Can a user be able to partake in this process? If yes,What will be The requirements needed?

  6. From your website, you mentioned that Through CFG Rewards, investors can farm additional yield and participate in the ecosystem. Can you elaborate more on how users can also be an investor of the centrifuge token? As a user of centrifuge,What are the requirements needed to be able to be entitled to the CENTRIFUGE TOKEN(CFG)? What are other activities users can do to be able to earn Centrifuge Token?

  7. The Centrifuge P2P network provides a secure method to create, exchange and verify asset data between collaborators and tokenize the assets into NFTs and the component of Centrifuge P2P network are implemented into libp2p and I also noted that each collaborator on the P2P network has a verifiable centrifuge Identity (Centrifuge ID). Can you elaborate a more on Centrifuge P2P and its features? who are the collaborators in centrifuge P2P? Can you explain on the Centrifuge Identity for Collaborators? How can collaborators verify their Centrifugal Identity in Your P2P network? Can you also explain on collaborators can tokenize their assets into NFTs after a successful exchange on the Centrifuge P2P network? Why do you choose to implement component of the centrifuge P2P into libP2P?

  8. I Understand that Centrifuge is currently hosting a Batch 2 Crow Loan from DOT holders in a Parachain Loan Offering (timeline TBA!) in order to secure a Parachain Slot and DOT holders who stake their tokens on behalf of Centrifuge Parachain Slot will receive CFG as reward. Can you elaborate more on the Centrifugal CrowdLoan Batch 2 that is already live? What are your targets from the hosting the CrowdLoan, and when is the CrowdLoan Ending? How can I participate in the CrowdLoan and help secure a Parachain Slot? is there a minimum amount of $DOT token user must hold to participate in Centrifuge CrowdLoan? Can you also explain on users who participate in the CrowdLoan are Incentivized? In conclusion, can you explain on what will happen to the contributed DOT if Centrifuge doesn’t secure a Parachain slot in Batch 2 of the DOT auction?

  9. Centrifuge Chain is optimized specifically for the transactions required by our specific use case and Centrifuge Chain supports the ChainSafe Bridge Pallet which enables users to securely move assets between Centrifuge chain and Ethereum. Can you explain more on your Centrifuge Chain? What are the unique features of centrifuge chain? how are the transactions on Centrifuge Chain optimized for all subset operation required by Centrifuge Protocol? Can you explain more on the ChainSafe bridge Pallet? Are you planning to create a bridge to securely move assets from Centrifuge Chain to other Blockchain apart from Ethereum?

  10. Centrifuge Parachain – I understand Centrifuge need a Parachain slot for one of the obvious reason as it promises to guarantee access to speed and efficiency of transactions on Polkadot as interoperability remains sine qua non to grow DeFi liquidity hence the opportunity to interacting with projects Acala’s USD Stablecoin and the likes of Sushi and Aave the moment they have the tools to go live on Moonbeam. My question now is, should Centrifuge not have an alternative whereof if those other projects it is relying on to live on Moonbeam before it does did not, so that it’s idea and project would not meet a stalemate? Have Centrifuge thought of that? So tell us, do you have any alternative, if yes tell us, and if no, should you not consider it wish to so do? Thanks

  11. I saw that you launched the first permissioned market for Real World Assets (RWA) on the Aave protocol, Can you please tell us more on the These RWA Market launched on the Aave protocol? What sorts of features does it Posses? And how does it benefit users, lenders to Earn? I would also like to know if there are guides to which Beginners could Relate to, i other for the
    To get access to Use these IWA Market..I also saw that Centrifuge also has An Ambassador program, i would like to know how many Ambassadors you currently have, and what sorts of Roles do they play in your Platform? could you please share with us the Criteria’s needed to be part of these Ambassador program?

  12. I understood that Centrifuge is a protocol that allows users to tokenize their real-world assets in a DeFi format before posting them as collateral to attain financing via its accompanying asset-backed lending dApp, Tinlake. Can you explain to the community how this process is carried out? i would also like to know how Centrifuge manage all collateralized assets and on-chain borrowing on the platform, are there Specific Assets that can be Collaterized? can you please list the types of Assets that can Be Colletarized? how does Centrifuge bring Monetary value from the real World assets to the Defi-Format? And  Centrifuge was Founded Since 2017, can you please share with us the Major Milestones to which you’ve attained so far?

  13. If not for the Ama Collaborations with Satoshi Club, most of us wouldn’t have known that such Platform called Centrifuge exists, and although it was Founded Since 2017, Please i would like to know what you’ve been able to achieve since it was Founded, and what problems does your Platform Centrifuge Address that existing platforms aren’t Solving? Can you please Enlighten investors who are looking for a Platform to invest, the need to make use of Centrifuge? What are the multitudes of Benefits attached to Investing in your platform? Please i would like you to further give us a Break down of The Centrifuge Crowdloan.. Thank you

  14. From the details on your website i understand that centrifuge is a decentralized financial lending protocol i want you to be more elaborate on the stability of your nfts for financial investors and also the security measures fir unpaid loans?

  15. You mentioned that Centrifuge Chain has a formalized governance system that is encoded on-chain utilizing the Substrate democracy pallet. Can you explain to us what this consists of? I read that to make any change to the Centrifuge Chain requires a stake-weighted majority, and the CFG token holders are the users who will have voting power within the governance system. You comment that there is a way to increase the voting power of each one of us, how can we do it? What parameters do you use to determine the voting power of each CFG holder? Do users with higher amounts of CFG tokens have more voting power than those who lock their tokens for longer periods of time?

  16. I found out that you are planning to expand your team, so, there some career opportunities for interested and capable individuals in the Centrifuge platform. Can you give more information about this? What are the career opportunities that are currently available in Centrifuge? What are the requirements that interested individuals must meet to be eligible for the available job openings in Centrifuge? How can individuals contact Centrifuge and apply for any of the available career opportunities?

  17. Tinlake is Centrifuge’s platform that enables Asset Originators to use tokenized real-world assets as collateral to obtain liquidity from the DeFi ecosystem. I learnt that individual investors can invest in Tinlake pools to provide liquidity to Asset Originators, earning interest on their cryptocurrency. Can you give a detailed explanation of the process of investing in a Tinlake pool? What are the requirements that must be met for an individual to be able to invest in a Tinlake pool? Will individual investors be required to complete any form KYC verification before investing in a Tinlake pool? What is the minimum investment amount that can be used to participate in a Tinlake pool?

  18. Governance in Centrifuge refers to both the on-chain voting and off-chain coordination used to govern both Centrifuge and Altair. I learnt that the Centrifuge governance system is based on the Polkadot model. Can you give more information about this? What are the features of the Polkadot model that the Centrifuge governance system will benefit from? I also learnt that there are 3 groups of users that can participate in governance in Centrifuge which are; “Community members”, “$CFG/$AIR holders” and “Council members/Councillors”. Can you mention the roles/governance rights that each of these groups of users have in the Centrifuge governance system?

  19. You have very interesting community programs: Early bird, Referral, Heavyweight & Loyalty / Double Trouble. Are they all relevant at the moment? Can you briefly present each of them and tell us how we can take part in them? In addition to the above programs, are there any other ongoing programs and campaigns for the community, investors, team members?

  20. The first thing I noticed was the name of the project! A centrifuge is a device that uses centrifugal force. It is a mechanism that ensures the rotation of the object of the application of centrifugal force. It is used to separate gaseous, liquid or bulk solids of different densities. Does the title of your project have any semantic connotation, drawing a parallel with the real purpose of the centrifuge? What mechanisms and functions do you consider the most important and successful for the development of the entire Centrifuge ecosystem?

  21. Centrifuge bridges assets like invoices, real estate, and royalties to DeFi. What does this whole process look like? What mechanisms are involved in this? Can you show us a couple of examples of linking real-world assets to DeFi? In your opinion, what is the future of crypto projects with a similar concept?

  22. I saw that your token name was $RAD and it has been renamed to $CFG. What was the reason for that? With this renaming, did you also change features such as mining, staking and utilities? If someone was holding $RAD, will they be automatically converted in to $CFG? You have mentioned about two parties who receive $CFG rewards, investors and asset originators. Please explain how should each party work to get better rewards.

  23. You offer two types of grants, “Development Grants” and “Community Grants”. Can anyone apply for these grants? Please explain about the purposes of them. What kind of factors do you consider when offering these funds? Can a single user apply for both? Since you have allocated 11.8% of the total funds for Development Grants and 7.1% for Community Grants, is there a higher acceptance rate for Development Grants?

  24. You have a reward rate (APR) of 20.89%. This is a considerable percentage. To offer this type of higher APR, what are the income sources you have? Is this rate subject to fluctuation? If yes, what are the factors that determine your APR? When there is a higher reward rate, users may smell some risk. What have you done to ensure the security of the platform?

  25. Platofarm project vision promises to create a high playable and enjoyable game in which players can expand their farms, collect game items and earns money, and earns like plato farm can utilize AR smart wearable devices to provide users with a multi-dimensional second space that empowers them with a virtual social identity unattainable in real life. How could gamers be able to own a farm as well as expand same? What kind of items could
    gamers be able to collect? What is this AR smart wearable devices and it’s usefulness?

  26. I read that prior to Centrifuge,you also launch “Taulia” a Fintech provider of working capital solutions.So can you tell us more about the Structure of “Taulia”?How many countries does “Taulia” offer services to and what services does “Taulia” provide customers with?Will “Taulia” services be integrated into Centrifuge?If yes,please explain to us the benefits of building these services within your blockchain architecture.Thanks

  27. Going through DROP and TIN tokens they behave similarly to how tranches work in two tiered financing structures within the traditional world they are “junior”(TIN)and “senior” (DROP)tranche.So in terms of investment payouts,which of these tokens guarantee higher returns for investors?Since there are holders of TIN and DROP,which of this holders incur more risk?And can the interest that investors accrue from DROP and TIN be redeemable at any given time?Can you tell us your reason of having a dual-token structure in Centrifuge?Please kindly explain. Thanks

  28. I noticed that there are currently 11 different RWA markets on Tinlake and range from tokenized real estate, cargo and freight invoices, to payment advances etc.So once tokenized, investors can then purchase these tokens right? So since the market isn’t stable what will be the yield % earned for holding?What solution will the implemented of RWA Market provide in the DeFi?And I notice that you have formed partnership with Aave,can you tell us how the use RWA Market has been of great help to them?Please tell us how many projects are you reaching out to to implement RWA Market on their platform aside Aave. Please explain Thanks

  29. The Centrifuge token $CFG powers the Centrifuge chain which is designed to incentivize desirable behavior on Centrifuge chain and you said owing $CFG gives users a stake in your platform.So can you set out the rule of staking $CFG?What is highest and lowest amount of $CFG to stake?And you also said users can also stake towards Collators.Will the rules of staking $CFG also apply to how users can stake towards Collators?Also,how will $CFG serve as a store-of- value through the performance of insurance DAO in which $CFG will be staked?Please can you also explain to us the use of $wCFG since it’s different from $CFG? Thanks!!

  30. I read that financing via Tinlake has several advantages for an Asset Originator in comparison to obtaining financing via an investment bank.So can you tell us what this various advantages are?And how will an Asset Originator benefits from this process of financing via Tinlake?You also said that financing via Tinlake is accessible to more SMEs.So can you tell us how effective this will be to these businesses since they are underrated by banks? Thanks

  31. In Tinlake,you said every pool has a predefined minimum buffer value that if reached will trigger the protocol to close the pool for a new investment.So what is the exact amount of TIN to issued in the pool?And will the amount of TIN in the pool affects the yield distributed to the TIN investors?Can you also explain how the buffer value is set on the risk characteristics of the underlying asset types?And what will be % incentives received when users invest in the pool? THANKS

  32. Because it is considered a big problem Defi that everything has been linked to native crypto assets, which are the real world assets that are not correlated with crypto assets, how can Centrifuge bring great value to DeFi to help it grow much more than today only with crypto assets?

  33. In Centrifuge many different companies work to bring assets, but who are their most prominent partners and collaborators, with the rapid development that blockchain is having, many projects lack seriousness and responsibility with their users and investors, which makes Centrifuge different, what are their protocols and security standards, have been recently audited, can you give us the address of your contract so that we can read and clarify our doubts?

  34. What is the main market that Centrifuge is targeting, who are its potential customers, how do they plan to resolve the limitations that may arise due to language differences, and many projects are opening to the acceptance of fiat currencies, what is their position? In this regard, what do you consider to be the aspects that directly affect the success and sustainability of a project?

  35. In today’s financial system only the largest businesses get direct access to liquid capital market, where most of these businesses depends on banks for their capital,whereas the lack of an open and transparent marketplace denies smaller businesses access to competitive interest rate due to transaction costs. Centrifuge introduces its first user facing product “Tinlake” to solve this problem. Tinlake as it is mentioned offers an easy way into DeFi liquidity for any business. Can you tell us more about this your first user facing product? In whay ways does it offer easy way into DeFi liquidity? In what ways does it offer benefits to centrifuge investors? I learnt this Tinlake currently built on Ethereum will fully be migrated to centrifuge chain and your secure P2P protocol, can you tell us more about your P2P protocol and how it works? how secure is it? Thank you

  36. Early last month, Centrifuge launched its Crowdloan program with 65.7 million CFG tokens allocated as rewards to all Crowdloan contributors. As stated, the campaign is already live, and will end at the emergence of a parachain slot or at the end of the first five auctions. As much as this looks promising and hugely rewarding, I still find it a little bit difficult, coming to a full understanding of this campaign. Can you kindly provide a elaborate detail of the whole process with the Crowdloan campaign, how will this work and how will Centrifuge effectively utilise and distribute allocated CFG reward tokens? Can you also provide us with the basic contributory requirements from each investor & how can these contributions be made?

  37. Centrifuge has been largely described as a fully compliant bridge to billions of dollars locked in crypto, and it bases this attribute on three important functions of been Scalable, Borderless and Balanced. Been that these are some of the essential features of most DeFi and crypto projects, can you be more specific in explaining how Centrifuge will meet and provide solutions within these three important project tenets, and how well do you think Centrifuge will guarantee the utmost investor and platform security with its operations? Also, since Centrifuge will offer remarkable scalability operations, may we know if there are any jurisdictional limitation with your services, and how far & well do you think your services can be scaled outside DeFi?

  38. One interesting feature of centrifuge is its “centrifuge chain” it is said this feature is a proof-of-stake blockchain built on substrate that enables users to bring their assets on-chain as non fungible tokens(NFTs)-a starting point to unlock financing for any type of asset through through DeFi built on ethereum and uses it’s native token CFG. On what requirements can users bring their assets on-chain as NFTs? Is there a limit to the number of assets users can bring on this chain? Do they have to pay a specific amount of CFG depending on the number of assets they bring? For as many users that brings their assets to this chain, how will they know which asset belongs to which user, is this chain structured in a way it can track asset ownership? Lastly of all the blockchains whu do you choose Substrate for this important feature?

  39. I learnt that owning $CFG token give users a stake in the centrifuge network and can be used to pay for transactions fees, stake towards collators and participate in centrifuge on-chain governance..From the above can you elaborate more on your proposed governance feature? When is this feature set to be fully implemented? How much of $CFG do we have to hold to participate in governance rights? To be a stake holder of centrifuge network,user need to own CFG so what is the minimum $CFG can a user hold for to be eligible to be a stakeholder?

  40. I read that Centrifuge has two parachains in its technological structure: Centrifuge Parachain and Altair. My question is, how has this implementation helped them expand their market and create a greater secure connection to real world assets? In your future plans is the implementation of other chains or parachains that will allow you to expand the reach of Centrifuge?

  41. You have recently launched your RWA marketplace with
    Aave. My quesiotn is, What does this mean for the DeFi space and cryptocurrencies in general? What were the reasons that motivated you to connect with Aave’s technology platform to achieve this?

  42. Recently you have launched the first permissioned market for Real World Assets on the Aave protocol which requires users to do USDC in order to access one of the pools, can you explain the advantages of participate on these deposits? Are profits guaranteed despite Cryptocurrency volatility today? How does Centrifuge power the operation of these pools?

  43. In the Centifuge achievements last year newsletter you mention that you plan to kick off integrations with Statemine, Karura and Moonriver on Kusama, can you tell us with what goals exactly? I would like to know about your current integration plans with more platforms to strengthen your economic model, including transactions with NFTs.

  44. Greetings Centrifuge, What is the main function of your platform and how can it be better to many DEFI projects that exist in the market? What use can we give to the CFG token and what is its function within the project in general? where we can acquire CFG tokens …. Is the Token currently listed and what is its purchase value? It is advisable to hold CFG tokens in the long term .. with such a volatile market, as you see the $ CFG this year, is it to hold the token?

  45. Greetings Centrifuge, How will the economy of the CFG work? What is the strategy you will use to give the token more value? How important will the users of the network be, and how, together with the community, will they be able to give more value to the token in Centrifuge? How many profits does the CFG have? does it work for network governance and transaction fees? You can give us more details about the functions of these token utilities and explain a bit how it works. Thanks

  46. Centrifuge Crowdloan is live now. If I wish to contribute, do I need to send an application and get Whitelisted? There are some rewards attached to Crowdloan. Although the Referral reward for referrals and the Heavyweight reward for large contributions are clear to me, I could not understand how does the “Loyalty reward” work. What are the requirements to get this Loyalty reward?

  47. There are some vacancies available on your platform. Can anyone across the globe apply for them? What are the main factors you consider when recruiting? Will prior experience be an added advantage? According to the notice, you are expecting full time commitment. However, you offer flexible working hours too. Can I work remotely as a part time member of your team?

  48. Tinlake, Your investment app, acts as an open marketplace of real-world asset pools. Can you explain about this model? What kind of real-world assets do you focus on? Why did you decide to choose real-world assets rather than virtual assets? There are plenty of investment apps in the current market. How does Tinlake differ?

  49. Hello Centrifuge, can you tell us how transaction fees are handled on your platform, what percentage is applied for each transaction? are all fees paid with CFG tokens or are other cryptocurrencies used? Seeks to give more value to the token by giving it greater utility, what would be the main functions in Centrifuge to make it more useful? In what period of time will the supply of CFG tokens increase? It would be in the short or long term, how will they achieve this objective of increasing the supply of the token? can you explain please.

  50. Centrifuge Chain is optimized specifically for the transactions required by your specific use case. This focus allows the project to improve upon your current architecture in a few key ways: speed, cost, storage efficiencies, and privacy. Ethereum works well for low volumes of high value transactions. High volumes of privacy-requiring use-cases require a different solution. The average business user, SMBs and large enterprises alike, would be paying many times more using Centrifuge on Ethereum compared to their existing solutions. It wouldn’t be worth it for most businesses to make a switch. But Is there a plan to lower that cost and have high throughput capabilities?

  51. Centrifuge Chain also implements a state rent model that requires users to pay for continuous availability of their data over long periods of time. This encourages decentralization because less resources are required to run a node. Is there a plan to build your own chain? How do you plan to improve upon the user and developer experience for Centrifuge? Since users requires privacy, How will be Centrifuge in terms of privacy and security? What kind of tools you provide?

  52. As I know Centrifuge Chain supports the ChainSafe Bridge Pallet which enables users to securely move assets between Centrifuge Chain and Ethereum. Is there a reason to implement a bi-directional blockchain bridge? Does this CentrifugeEthereum Bridge has any spots whitelisted? How is the currently authorized set? Who are the validators on Centrifuge Chain?

  53. The inception of Centrifuge was back in 2017, what was the idea of the project back then? How different was it from the platform that was launched last year? On the crypto space 4 years is a lot, what made this project take so long to get launched?

  54. The team of centrifuge consists of a mix of people who are crypto native and those coming from traditional finance such as Taulia and Lendit. What benefits can this mix bring to the project, what is the idea both parts agree with?

  55. What about the Governance of Centrifuge? I read Centrifuge Chain has a formalized governance system that is encoded on-chain utilizing the Substrate democracy pallet… Does this enables on-chain voting mechanisms for binding and transparent governance? What benefits have CFG token holders? Can CFG holders propose and vote on changes such as runtime upgrades, distribution of treasury funds, chain parameters, and the governance system itself?

  56. A little less than a month ago you launched the Centrifuge parachain crowdloan with thousands of participants, however we would like to know what will happen to more than 2millions in DOT funds that have been raised? Could you explain the advantages of being an early adopter and what will come next after this crowdloan?

  57. Centrifuge has undoubtedly had a great support from the community, many of us would like to take part in your growth but also obtain benefits, could you tell us how to access an ambassadorial role? Are you interested in creating multilanguage channels? How will the community and the most active contributors intervene in governance and what benefits could they receive?

  58. Among the achievements made by Centrifuge during the year 2021, is the launch of the ambassadors program, where members of the community who show enthusiasm and support for the project were given the opportunity to contribute to the growth of Centrifuge. You mentioned that you currently have nine ambassadors who are taking on bigger roles in the project such as facilitating governance and contributing to your documentation. Do you plan to increase this number in the near future? Will more positions be opening soon for users who want to become Centrifuge ambassadors? What tasks do these ambassadors fulfill on a day-to-day basis?

  59. At the end of December, Centrifuge announced the launch of the RWA Market in collaboration with Aave. Can you tell us about the purpose of RWA Market and its main functions? I found information that the Total Market Size of this project is almost $ 9 million. But it is not very clear what is included in this Total Market Size and how it grows.

  60. Hello Centrifuge team. I learned that the Centrifuge Chain Council comprises a body of 7 elected members who gain prioritized voting rights over other CFG holders. What is the purpose of this council? As for those 7 elected members, are they selected by the Centrifuge community or by the core team? What are the roles that the members that are part of the Council must fulfill? How often are new members proposed and selected? In the hypothetical case that one of the members acts inappropriately, will he be expelled? Can a member of the community nominate themselves to be selected as a member of the Council? Thank you!

  61. As we know, Centifuge is currently participating in Polkadot’s crowdloan and has an excellent chance of winning. Therefore, I am very interested in what is the very first thing you will do after winning? Are you preparing any surprises for the community? If so, can you give us a hint?

  62. How can we trust your project & we believe you are not a SCAM project? Nowadays so many Rug-Pulls and exit SCAM are happening now? Thanks..

  63. What marketing strategy does Ideas Token have to attract more users? Because marketing is a important factor for any project.

  64. Tinlake is currently built on Ethereum, however going forward it will be fully migrated to your Centrifuge Chain and your secure p2p protocol. So,at first place why do you choose Ethereum network despite of having a very high gas fee of transaction? As you will migrate to Centrifuge Chain,can you tell us some of its advantages over other networks? What are those potential features that can beat with some popular chain in the market? Lastly,can you share some great advantages and features of your P2P protocol? How affordable is the fee of your P2P? Thank you

  65. Greetings, questioon about security since NFT’s data exchange between off-chain and on-chain: consider case when, for example, assets originator desire gain own NFT from on-chain; originator has to pass own private key to off-chain, rigth? And what is provided security in context about on- and off-chain? Is it rely on Polkadot network as well? Or are You have Your own guardion? How is provide data access from malicious between Bridge and Centrifuge Chain (in first pis from
    “How the P2P Network works” paragraph “Introduction” section of your doc)?

  66. Did You hold a external penetration tests or inner crack tests interpreting real-world interaction? For example: did tests provide for ChainSafe Bridge Pallet or AnchorRepository smart-contract? Or may be, will You intend to include bounty program?

  67. What is a Centrifuge inherently? Is it glue between Tinlake and your own NFT who achieve speed, less fees and security providing by Polkadot techs or you have own features insicede except AnchorRepository ? (if omit Tinlake who already works of course)

  68. Good partnerships are an important factor in the success of a project. Who are your partners and how are you benefitting from their partnership?

  69. If Anyone Signups today on Your Website,
    What early access benefits he/she will get?
    Can You tell more about it?

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