We are pleased to announce our next AMA on April 23rd, 2022 at 11:00 AM UTC Time: Satoshi Club x ApeX Protocol
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join ApeX Protocol Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. ApeX Protocol Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about ApeX Protocol
For more details:
ApeX Protocol Website – app.apex.exchange
ApeX Protocol Telegram – @ApeXdex
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
I will like you to expantiate more on Apex protocol REFERRAL PROGRAM. It was stated that a user who refer friends to the best $DEX experience will earn 10% cashback and fee discount. Is earning this discount limited to the number of friends users can refer? What is the minimum number of friends can we refer to be eligible to this fee discount and cash back? If we refer friends more than the agreed number are entitled to more fee discount or cash back? What about the referred users, will they be entitled to bonuses too? How can we participate in the referral program? After each successful referrals, how will we get our entitled bonuses?
I understand that you have a referral program which when users invite friends, they get Taker Fee Discount & Bonus. The benefits include; 10% cashback on referee’s Fees and 3% cashback on users fees. Referral and ambassador programs launched as incentives for partners in the market to build up the ApeX ecosystem. Can you elaborate more on the referral program? How do I qualify for the referral program? Does the percentage cashback change when I invite more people? How can I get the 3% cashback on my own derivatives trading fees? How many ambassador programs are there? How can I apply for the ambassador programs?
I understand that ApeX protocol successfully launched its beta version on the Arbitrum mainnet on February 28, 2022, and released a total number of 4,580 pieces of its original series of NFTs with special attributes to the public on March 8, 2022. And also all trades occurring on the ApeX protocol will incur a 0.1% transaction fee at the very beginning. Can you briefly tell us what special attributes the ApeX NFTs have? Do the 4,580 NFTs have equal utilities? How can we access and but the NFTs? What is the current percentage transaction fee on the ApeX protocol?
I understand that 30% of the trading fees on the ApeX protocol will be allocated based on a weighted average to all users who’ve successfully staked $APEX. And also users can become a market maker on ApeX protocol for their preferred tokens and grab very attractive bonus rewards. Can you elaborate on how the 30% trading fees is calculated? What are the factors considered in distributing the trading fees? How can I become a market maker? How can I get more rewards as a market maker?
I read that gamers will be entitled to 3,000 $Apex and a locked bonus reward of 1,500 $Apex . Can you explain to us how all this rewards can be claimed? Will it be a one time reward or a step by step reward system?
I also read that all users who hold the Apex predator NFTs will be eligible the NFT game. Is it only holders of the predator NFTs to will be allowed to play the game? Is they any other forms of NFT within the game apart from the predator NFT?
Apex protocol will be the very first DeFi project to go live on the new Bybit launchpad 2.0 platform. For this 10,000,000,000 Apex tokens is allocated for the TGE with price capped at 0.05 USDT per tokens. To participate in this users will have to choose between two models! The SUBSCRIPTION model and the LOTTERY Model. 8,000,000,000 Apex is said will be allocated to the subscription Model while the remaining 2,000,000,000 Apex will be distributed to the lottery model. Can you give the key highlights between these two models? Why is the subscription model taking more of the allocation? What is the requirements for a user to select either the subscription or the lottery model and what benefits do users gets from each of the models? Can a user participate in both models?. I learnt the subscription period will start from 27th April by 3:30 UTC to end by 10:59 UTC, so when will the lottery period starts?
I learnt users can stake Apex token to earn rewards in Apex token. Can you explain to us your Staking protocols? What is the minimum period we can stake to earn rewards? Can we unstake at anytime? What is the APY/APR for staking in Apex protocol and how will it be determine? Kindly tell us the benefits users can get when staking with Apex protocol? also you allocated 77% from the total supply of Apex to the DAO and community, can you explain how the DAO structure is? How can users participate in the DAO,do they have to stake to be able to participate? How is the allocation going to be splited between the DAO and the community, what percentage is for DAO and what % goes the community?
One of the interesting features of the ApeX protocol that caught my attention is the ” LOTTERY MODEL” whereof you said one must commit 100 USDT for a lottery ticket. Could you elaborate more on niceties of your lottery model? On your website it is clearly stated that ApeX Protocol is coming to Bybit launchpad 2.0 tomorrow April 22nd at 00:00 AM UTC and I’m curious to ask, what benefits has ApeX Protocol Interface with Bybit launchpad 2.0 could you please explain to us? Lastly, you will agree with me the fact that awareness campaign of products such as Airdrops goes a long way to establish bond between the project and it’s Community and ApeX Protocol in its wisdom has Airdrop campaign which will be ending April 30, 2022 11:59 pm SGT where more than 200,000 $APEX Tokens will be given out to the community. Could you please explain to me the criteria to qualify to be a recipient of your Airdrop?
I am so fascinated with the array of interesting and mind blowing and incentiving features of ApeX protocol and one of such many features is your ” APeX NFT gaming phase, known as “One Last Ape standing” reminding me of Bruce Willies Thriller movie, ” last man standing, however, “One last Ape standing you did said is an in game activity where participants who hold the ApeX NFTs are eligible to receive the ApeX token from the Reward Pool within a period of time. Now could you explain to me how I may get the ApeX NFTs? Lastly, what is the exact period of time to hold ApeX NFTs to be able to qualify for the ApeX token from the Reward pool?
ApeX Protocol we learnt is a sec non-custodial permissionless, censorship-resistant perpetual derivative protocol that enables the introduction of perpetual swap markets for any token pairs, and ApeX you did said aims to empower traders around the world by enabling open and transparent financial tools that can help preserve and grow their wealth. Please could you just explain to us in practical terms how ApeX Protocol is going to effect it’s empowerment aim of traders? Lastly, are they criteria set out which traders should met up with to be able to benefit from ApeX empowerment program?
We are thrilled to announce that Apex Protocol is coming to Bybit Launchpad 2.0 tomorrow. What are the benefits, importance, gain, advantages of Apex protocol to be launched on Bybit launchpad?
ApeX protocol will be the very first DeFi project to go live on the new Bybit Launchpad 2.0 platform. What should we be expecting from your project been the first Defi project to go Live on the new Bybit launchpad 2.0 launchpad?
Since Apex protocol in the very first Defi project to live on Bybit launchpad, what are the preventive measures put in place to avoid errors and mistake? Also how credible reliable and trustworthy are your team members whom you work together with on this project? Have they worked on any project which is not Defi but was launched on the Bybit launchpad?
About the ApeX protocol token $APEX,I read from your website that the $APEX can also be used for lottery too. Can you elaborate more on this lottery process in the ApeX protocol and how it’s been carried out? Is the lottery process available to all users of the ApeX protocol community? What are the requirements needed for interested users to be able to participate in the lottery?what will be the rewards for lottery winners? It was also stated that the $APEX token is committed to the $USDT token only. Can you please elaborate on few reasons why? Lastly, will there also be rewards to participants who also participated in the lottery? What will be their rewards? Thanks.
Apex Protocol is said to be an Revolutionizing DEXs with an Elastic AMM Model, just like PancakeSwap and Uniswap, and it’s known that , most of these DEXs do suffer from high gas fees and poor order execution. This is because these automated market makers (AMM) lack interoperability and fail to leverage data among one another. My question is how does APEX fix this problem of high gas fees and poor order execution? And apart from interplanetary, what ers? Is there any benefits of using your platform?
Being a Proud holder of Apex token, I was made to understand that $APEX is the native token of ApeX Protocol that gives users the ability to determine the future of ApeX protocol while enjoying various benefits. Apart from Governance Influence, which gives Long-term $APEX token holders are entitlements to suggest and vote on future governance proposals that decide the future direction of ApeX Protocol, what other Benefit is available for us holders of your token?, and what could be the kinds of decisions we can make in Apex Protocol?
From your website,i read that the Key features of the ApeX Protocol include: Permissionless cryptocurrency perpetual contract trading with leverage ,Elastic Automated Market Maker (eAMM),Protocol Controlled Value (PCV). Can elaborate more on each of these telling us their individual functions and how they work? How will they tend to benefit the user of the ApeX protocol platform? Thanks.
You made mention that over the past few months ApeX protocol has undergone rapid growth and change in its platform. In what ways has ApeX protocol changed and grown? What brought about the need for change? You are also planning to launch V1 of the ApeX protocol this first half of 2022, and the project’s focus is on creating a bonding program and to launch an advanced trading experience on a multi-chain platform. Can you elaborate more on the bonding program? What are the distinctive attributes of this advanced trading experience? How much progress have you made so far towards launching ApeX protocol and when are we to expect this launch?
APEX is the native token of the protocol with utilities of Governance, Protocol Incentivization and Staking. Talking about your governance, I understand that token holders are entitled to submit and vote on protocol governance proposals. Can you please elaborate on your governance features? Does voting depend on the amount of token a user holds? What is the minimum amount of APEX token a user must hold to be eligible to vote? Are there other requirements to vote asides holding APEX token and what are the other use cases of APEX token?
ApeX protocol is incubated by Davion Labs, a blockchain-impact and crypto incubator that focuses on solving most of the challenges and market opportunities in the Web3 revolution.So why did you pick Davion Labs as your first choice to incubate ApeX Protocol? What are the best-in-class resources have you received from them that will bring brights mind to ApeX Protocol?As your project is established,can you tell us how you intend permission-less cryptocurrency perpetual contract trading with leverage?Please explain Thanks
I read that ApeX Protocol have decided to put together a new contest for its community by giving them the opportunity to get creative with their Memes.In return,they will stand to win some $APEX tokens when you are live on TGE.But how sad that we all missed it.So will you will hold other community activities soon aside Memes?Will you also Airdrop ApeX tokens to loyal or early community members?Have you also allocated a % of ApeX token for such future events?Please explain Thanks
You recently announced the close of ApeX seed funding round led by global investors with firms like Dragonfly Capital Partners,Jump Trading, Tiger Global Management etc.So can you tell us the amount that was realize during the event?And for what purpose will the fund raised be used for?During that same period,you also launch your beta version on the Arbitrum Mainnet.So can you talk about your aim on Arbitrum?Thanks
ApeX is a decentralized, noncustodial derivatives protocol that makes it easy to create perpetual exchange markets for any pair of tokens. The protocol operates through a series of immutable and persistent smart contracts on the Ethereum blockchain, where users can trade directly without intermediaries. What is a decentralized derivatives protocol? How does it work? What are its main differences compared to centralized protocols? Advantages and benefits?
Apex’s mission is to empower traders around the world by providing open and transparent financial tools that can help preserve and grow their wealth. What are the financial tools that Apex provides to traders? How through Apex Traders can you increase the value of your wealth? What other benefits does Apex provide to traders? What is the philosophy by which Apex operates?
According to what I could read and it caught my attention, it is the Reference Program that Apex protocol has. Can you provide more information about the Apex referral program? What are the benefits that can be obtained from the Apex referral program? How can my friends join the Apex referral program? What are the general terms of the Apex referral program?
ApeX NFT has the subscription interest of the governance token of the protocol, as well as the proof of participation of its VIPs in the future ApeX Loyalty Program. In addition to the equity and trading attributes of the token, ApeX NFTs are highly valuable as art collectibles. Can you provide more information about the Apex NFT loyalty program? What are the objectives of the loyalty program? What will the loyalty program allow? Benefits?
ApeX team has embraced the idea of NFT games, therefore we present ApeX NFT game: One Last Ape Standing. The main game and inspiration behind the ApeX NFT game is the squid game model or a coordination game. What is ApeX NFT game: One Last Ape Standing? How does the gameplay of ApeX NFT game: One Last Ape Standing work? Features? Requirements to play the game ApeX NFT: One Last Ape Standing? When will it be fully available to play?
As the first project from Davion Labs, ApeX is a permissionless, censorship-resistant protocol that leverages elastic automated market makers to facilitate the creation of perpetual swap markets for token pairs. Can you tell us more about Davion Labs? What is the experience of Davion Labs? Davion Labs has developed other platforms? What are the Apex investors?
Hey ✨✨✨
One of the key features of Apex Protocol is “Permissionless Cryptocurrency Perpetual Contract Trading with Leverage” I want to ask that while doing future trading can we put limit order, Stop Loss? Because without these two things future trading is very difficult. So Apex Protocol have Stop Loss and Limit order feature?
I read that ApeX aims to empower traders around the world by enabling open and transparent financial tools that can help preserve and grow their wealth.you also aim to drive financial inclusion and make crypto derivatives trading more accessible so that everyone can truly own their trades and be part of the exchange itself can you enlighten us on how you intend to drive financial inclusion and make crypto derivatives trading more accessible? What is the innovation of this aim? You also aim to focus on coin-collateralized contracts that once dominated the crypto market. what are some distinctive features which will make the coin-collateralized contract an upgrade to existing blockchains and ApeX itself ? Lastly What kind of decisions can users make regarding the future of ApeX?
Why bybit I mean why you guys bybit launchpad . Are you partners or else ??
Greetings Apex protocol, Can you explain why it offers users limited flexibility and how you can trade crypto derivatives in your project? Is it possible for a user to trade crypto derivatives from the ETH blockchain without any intermediaries? can you explain how it works. And how can users create markets in any underlying asset and at the same time maintain control over the privacy of their private keys? Can you tell us about these functions in your project?
While researching the ApeX project, I noticed your NFT implant, can you tell us about “apeXNFTs”? Why should a user or investor have apeXNFT, what are the advantages and privileges of having apeXNFT in ApeX Protocol? Does the ApeX platform offer its users systems to earn passive income over NFT, such as NFT staking and NFT rental systems? In which markets are apeXNFTs available now, what do we need to have ApeX Predators NFT?
I saw that ApeX Protocol has a game called “The Last Ape Standing”, can you give us some information about your The Last Ape Standing game? What is the planned release date for The Last Ape Standing, do you plan to release a BETA/DEMO version that we can experience for free and give feedback to ApeX, or will you release it directly as an ALFA version? Will there be conditions or restrictions to play The Last Ape Standing, you have your local token Will I need to be or purchase APEX NFTs?
When reviewing the philosophies of the ApeX protocol, I saw you say, “It is to empower traders worldwide by providing open and transparent financial tools that can help protect and grow their wealth.” So what is the ApeX team doing to increase financial inclusion and make trading crypto derivatives accessible and easy? I saw that there are 3 philosophies that ApeX is working on; Completely Permissionless, Continuing Liquidity and Full Spectrum Asset Support. Can you tell us about how these 3 philosophies work? Do these 3 philosophies work with each other and with ApeX or do they have different mechanisms of action?
Could you tell us what were the factors that pushed you to create the ApeX protocol? Can you talk about ApeX’s targets, achievements and core philosophies in today’s market? How do you plan to ensure that a user can actually own their trade and be a part of the exchange using ApeX? Who are the potential customers you want to see on the ApeX platform, is ApeX a suitable space for crypto beginners?
Do you have a Bug Bounty program to check for weaknesses and shortcomings in the ApeX platform? What is your strategy for how to make ApeX more complete and sustainable?
I saw ApeX complete the public sale of its NFTs in March, capturing a supply of 4,560 NFTs. Can you tell us about the NFTs of ApeX, how were the NFTs created, are they visually sufficient? Does ApeX have its own marketplace or in which marketplaces are ApeX NFTs available? What are the advantages of having an NFT in the ApeX protocol?
ApeX Protocol, how will it adjust the price of the token, without affecting the value of anyone’s part of the coins? And how does leverage operations with collateralized coins work in your project? Can you explain how you will be incentivizing early adopters and stimulating the organic growth of the protocol? thank you
✅ According to your description, ApeX protocol is a Decentralized ecosystem specializing in Derivatives, however there are many derivatives markets in the present market, so could you explain what types of derivatives you support? What are options, futures, margin, and other derivatives?
In the Apex protocol, there is a reference to something that caught my interest; could you perhaps explain what you mean by “Elastic automatic market maker or “eAMM”? What distinguishes it from traditional AMM models?
Can you explain about Rebase mechanism in Apex protocol. How does it get triggered and what will be its usefulness?
Hello Apex Protocol team, how does the AMM model and the constant product formula work in Apex and what are they? I understand that you use a novel approach known as Elastic AMM (eAMM) can you explain how they work and what are the characteristics and how do you manage to keep it linked to chain algorithms? Finally, can you tellus what Total Value Locked (TVL) means and how does it work?
Can you introduce us to apeXNFTs?
What are the benefits of holding apeXFTs?
How do i get one?
What is the $ApeX token economic model and how will its architecture ensure scarcity of the token and raise its value?
Also, what are the Future Roadmap & Targets of ApeX?
To projects like yours, community support is critical, and I must say that it is one of the most difficult things to obtain from consumers. Given this, could you describe what incentives this type of project offers to keep the community motivated in the long run?
I noticed that your ecosystem charges a 0.1 percent cost on each transaction; could you explain why this tax is charged? What is the purpose of the money that has been collected?
As an Amazing decentralized perpetual derivatives protocol on Ethereum blockchain while reading your Twitter with your partners. I noticed that In Apex protocol you have several partners auch as @IZUMI FINANCE @WOONETWORK @BYBIT OFFICIAL, @CRYPLISTIC,@MARIAM 888 etc please which ones are active and what are their advantages to you?
Can you please explain further about the bonding mechanism on your tokenomics and
What are the other ways to participate aside from Lottery, Launchpad
Hello Apex Protocol team, Can you explain to the community, How do these three features work in Apex Protocol?
Protocol Controlled Value.
Elastic Automated Market Maker.
Permissionless cryptocurrency perpetual contract trading with leverage.
Are these three features supported and how do they merge in your project? can you explain if this is possible.
Tell us about your mission and ApeX philosophy. How do you secure and defend our rights to trade? What kind of mechanism/tools will you put in place to help preserve and grow our capital? And lastly, I saw that ApeX Protocol Operates with three Core Philosophies . Can you give more details of use / advantages of these Three Fundamental philosophies in your ecosystem? How can we use them for our benefits? Thank you
Greetings Apex Protocol team, my question is:Do you have an NFT approach in your project? How will Apex NFT work and what will be the total number of NFT issued by ApeX? And how will the merchandise be used for the ApeX loyalty program and what benefits will it allow NFT holders to obtain? can explain howthe Apex loyalty program works. thank you
I heard that $APEX will live on ByBit exchange on 22nd of April to 26th of April. So Can anyone get a chance to buy some $APEX tokens? Or Should users pass the KYC process in order to buy $APEX tokens? Any way, How many amount of $APEX tokens will there be? And also I know that there is a lottery round for the users. Can you tell us more details about this lottery round & the rules of the lottery round? How about the maximum & minimum amount of $APEX tokens for one eligible user? After 26th of April, Will the $APEX tokens be listed on ByBit exchange So that Users can trade $APEX at desirable times?
It caught my attention on the Apex NFT rebate program. After going through your NFT rebate article, I understood that It was held on 22th of April & It was finished. Can you tell is more details regarding the Apex NFTs & Apex NFT rebate program? I remember that Each NFT can be sold at 0.2 ETH & You have mentioned that There will be a 8% of Cash back reward for each transaction. So were the every NFT same or do they have equivalent value? Could you explain how this transaction fee was implemented through this NFT rebate program? However, Really I don’t know very much about Apex NFTs. So Could you please elaborate more details on your NFTs as well? How about their real world benifits, rarities & Scarcity? Are they algorithm on ERC721? How about their prices? Will the Apex NFTs be created by your team or Will you allow the NFT artist to create NFTs for Apex Protocol?
Hello ApeX Protocol Team!
The ApeX protocol’s native token, $APEX is an Ethereum based token. What basic utilities does $APEX token serve within and probably outside the platform? Why choose ETH chain for a start? With the $APEX token being built on Ethereum chain which have high gas fees and scalability problems, what are your plans to further expand for compatibility with other chains with lower gas and high scalability (For Ex. Polkadot, Solana e.t.c)? Lastly, what mechanisms/strategies do you employ to control the token’s circulating supply and ensure that the token maintains value always?
Hello ApeX Protocol team!
I read about a feature termed “BONDING”- it was stated that with “BONDING”, users can buy $APEX token at discounted rate. Kindly give more details on “BONDING”. Is it some sort of bonus program? How can I participate in BONDING? What exact discount (in percentage) will users get when they buy $APEX with BONDING? You had also mentioned that when a user buys $APEX with BONDING, it will not be credited immediately to the user; why is this (Is this some sort of staking)? How long does it take to credit users with $APEX tokens when they buy using BONDING? In general, what is the benefits of “BONDING” to ApeX Protocol?
is there a connection between APE NFT and APEX?
Regarding your Token now, Can you share with us some tokenonomics?
Hello ApeX Protocol team!
We all know about the importance of security in the DeFi space. Bad elements (scammers) are tirelessly using for ways to exploit most projects and it’s users. I admire the fact that ApeX has prioritized security as I saw that your bug bounty program is currently live. I am interested in participating in this program: Kindly give more details on the program. How can I participate? What are the requirements needed? Can you talk about the bounty reward system? Is the reward dependent on the threat level of the reported bug? Lastly, could you give details as regards to your smart contracts audits? Is it done yet? If yes, how well did you pass?
Regarding your Token now, Can you share with us some tokenonomics?
Do you have any whitepaper or lightpaper? Can you tell me From where Can I get more Information about your project?
It came to my Understanding that ApEx is Currently holding an important Event, which is tagged The Launchpad Token Subscription Event, where both users and holders of your tokens can participate In some sort of committing some required Tokens, in other for them to actively receive rewards. Could you please provide more details on how we can also participate In these events? I would appreciate it if you could give more details on these wonderful event, is there a maximum amount of tokens An individual can commit? And how is the Reward percentage calculated? What could be the duration of these commitment? And how much APEX tokens would a User receive at a time? can you please give details on when this event started and how long would it last for?
Thanks
About your Airdrop campaign.
During the course of my findings about your projects latest developments, it came to my attention that in order to celebrate the launch of your new product features and show your warm welcome to all new traders on ApeX Protocol, you have decided to launch the first round of ApeX’s Airdrop Campaign! And This campaign will start on Apr 12, 2022 9:00 pm SGT, and last till Apr 30, 2022 11:59 pm SGT. Which will be giving away more than 200,000 $APEX Tokens as a total prize pool to your community, can you please provide more details on how we can actively participate in these wonderful opportunity? What could be the Requirements to join these Airdrop campaign? And since it’s round 1, does it mean that you also plan on having another round in the nearest future?
Thanks
ApeX Protocol’s bonding and staking events both seems like a way to earn passively. I am not quite clear on the differences between bonding and staking. Can you explain on the distinctions between bonding and staking of $APEX? How does each of them work? What are the pros and cons of each category? How do I go about either bonding or staking of $APEX token? What rewards do I get for either bonding or staking $APEX? Can I bond and stake at the same time?
Obtaining ApeX Predator NFTs are entry tickets for the ApeX NFT Game and the ApeX Loyalty Program. Please explain more on ApeX Loyalty Program, give us instructions on how to get in to the program? What are the opportunities and benefits that awaits for the members? Is this a one-time fee or must it be renewed after a specific period of time to be a member of the program?
Hello, ApeX team.
Your project caught my eye very timely, because as we know this week one of the largest CEX exchanges limited one of its user categories to the maximum deposit amount of 10,000 euros. Accordingly, a large client base is now looking for a platform with greater anonymity and it is desirable that it be decentralized. Your project fits these criteria, you have every chance to become a major player, I poked the buttons on your exchange, usability is very good. Please tell us if you plan to restrict access to any category of users in connection with regional legislation? And will it be possible to access the protocol directly bypassing the official landing page?
Hello, ApeX team.
As I understand from your documentation, there is a collection of NFT ApeX, which, in addition to giving its owner privileges, also gives the opportunity to participate in the game in order to be able to win a prize. Please tell us about the mechanics of this game and step-by-step actions to take part in it?
Hello, ApeX team.
You have quite an interesting tokenomics, which allows you not to put significant pressure on the token in the first year, since the team and investors will unlock it in a year. But in order to understand what pressure they will be able to exert at the time of unlocking, it is necessary to understand how many tokens will be issued at the time of the first unlock. Please tell us did you calculate how many tokens will be in circulation at the time of unlocking? What will further encourage investors and large holders to hold their tokens? Are you developing new user cases?
ApeX offers some trading features which are; Coin-Collaterized leverage trading, Rebase mechanism and Protocol Incetivization. Could you give a basic description of each of these features? What sort of incentives program does ApeX offer? Speaking of the “Rebase Mechanism”, I haven’t heard about that before; how does this mechanism work? You mentioned that the The “rebase” mechanism serves as a hard-peg; what does this hard peg mean and how is the “Rebase Mechanism” beneficial to the users? Furthermore, how can users leverage the “Rebase Mechanism”?
$APEX token serves as a governance token as I read that token holders have right to submit and vote on protocol governance proposals. Can you expatiate on this governance system? Is there a minimum set amount of $APEX that users must hold to give them a voice in governance? How are voting weights distributed amongst the holders? How will voting process be conducted to ensure that if is free, flexible and fair? what aspects of governance and development are users allowed to decide on?
Traditionally, DeFi protocols employ a user-owned Total Value Locked (TVL) model, in which liquidity providers deposit an equal amount of two tokens to form a market. ApeX however uses a Protocol Controlled Value (PCV) model.. Can you explain about the PCV model? How does the PCV model work? How different is the PCV model from the traditional TVL model? What are the benefits of using the PCV model for liquidity providers? You stated that the PCV model solves “mercenary capital” issues.. what are mercenary capital issues and how does the PCV solve them? How can I provide liquidity on ApeX?
I read that a total of 20 ApeX OG NFTs were sold in the form of whitelist invitations. Can you give us details on the rarities of these 20 Apex OG NFTs? How different are they from the remaining NFT’s? What benefits are opened to holders of these 20 OG NFT’s? Apart from the 20 OG NFT’s, which other rare ApeX NFT’s are there? Are there chances that more rare NFT’s similar to the 20 OG NFT’s will be released in future?
According to your website, “All early holders of Predator NFTs will be entitled to exceptional perks,” with the longer the holding time, the greater the rewards. How many Predator NFTs have been purchased so far? Do you know how many early holders there are? Are early NFT holders still eligible for unique privileges and awards if they recently sold and repurchased their NFTs?
From my findings, I noted that ApeX adopts a layered architectural framework composed of the main protocol and the peripheral protocol. Can you kindly breakdown your protocol’s architecture? What features (components) are implemented on the main and peripheral protocols and what function does each of them manage on ApeX Protocol to provide an itch free and flexible user experience?
Looking at ApeX protocol’s Funding fees; Given that the funding of all positions cannot be settled directly on the chain, the cumulative premium fraction (CPF) is used for real-time funding settlement. I don’t know about the CPF, can you further elaborate on the CPF? how does the CPF work? I also saw that the Premium Fraction (PF) is calculated based on Index Price, Mark Price and Funding index.. Can you explain each of these and how they determine the the Premium Fraction?
I understand that when the liquidity provider provides the initial liquidity to the eAMM pool, only the BASE asset is invested, while the QUOTE asset will be virtually supplied. Firstly, what is the BASE asset and the QUOTE asset? What is the difference between both? I further read that ORACLE will calculate the initial supply of the virtual asset based on the spot prices on other DEX pools. What is ORACLE? Can you explain the functionality of ORACLE and how calculations are being made?
Let’s talk about liquidity; Can you talk about the rules in place for adding or removing liquidity on $APEX so as to avoid any itch? In removing liquidity, is there a set maximum amount that can be removed by each liquidity provider (LP)? How do you address the issue of “liquidity drain” that may prove catastrophic for LPs? Can you explain on how a user can add liquidity on $APEX? What benefits will Liquidity Providers get?
The NFT space is currently filled with thousands of projects with no utilities whatsoever even if these projects sells out in the shortest time period based on Hype. As a result of this, many rookie holders are left in the red with no demands after the initial sale. What utilities are the ApeX NFTs based on to make it different from any regular NFT project out there? How will you convince us that ApeX will stand the test of time and remain afloat in the ocean of major DeFi flagships? How about your marketing strategies?
Many users and investors have the idea that the exchanges are not really positive and only take advantage of their needs and cause them big losses on their performance. What is your appreciation in this regard, how do you plan to be really attractive and create a balanced image that favors all participants, what security mechanisms does APEX Exchange implement to protect and guarantee users the success and support of their transactions in terms of speed, confidentiality and interoperability?
For when their tokens will be available, I read that users will also be able to participate in linking and participation events to claim $APEX, when will these events start and who and how will be the process to participate, how they plan to balance and couple the three key modules: mining , linking and staking?
What do you estimate to be the initial price of $APEX expressed in USDT, and what will be its ways to cause price increases, what is the objective that the purchased $APEX will not be immediately credited to the user, through what mechanisms will a provision be granted adequate liquidity and who will be your main liquidity providers?
Over 4650 unique Apex Game NFTs are available for purchase and NFT holders can participate in Apex NFT Games, and earn Apex tokens. What other unique trading strategy does the Apex Protocol has to enjoyably trade?
Apex protocol is a decentralized and non custodial derivative protocol that facilitates the creation of perpetual swap markets for any token. What makes you think the Apex Game NFTs are unique and enjoyable for trading?
will apex protocol roll out on other major exchanges besides bybit? then what is the big plan of apex protocol so far?
why should use apex protocol? What are the advantages over similar projects?
What make you think that Apex Protocol should Launch in Ethereum chain (Arbitrum) rather than ither chains ?
Your project is very good, the whitepaper is also very clear, I hope your project can be successful in the future, I also hope the community can grow even bigger than now. Go Apex!!!
What made you think that Apex Protocol should Launch in Ethereum chain (Arbitrum) rather than other chains which has low gas ?