We are pleased to announce our next AMA on May 31st, 2022 at 01:00 PM UTC Time: Satoshi Club x Multi Finance Protocol
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Multi Finance Protocol Telegram channel
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Multi Finance Protocol Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Multi Finance Protocol
For more details:
Multi Finance Protocol Website – multifinance.io
Multi Finance Protocol Telegram – @MultiFinance_chat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
MultiFinance will be having SURE-WIN LOTTERY system where 1% of the trading fees will go to the pool and every 30 seconds a winner to be declared.So,do Players sign up to the lottery platform specially ? Can rewards be more than $100MLM or is it fixed upto $100 worth of $MLM? Is the random number generation (RNG) method secure and random? Can Players trace back the history of records of transactions?
Hello Multi Finance Team!
Multi Finance is a leading MLM (Multi Level Marketing) defi protocol that pays holders up to 636,713.69% APY. Ah, that APY mentioned is incredibly high and as such a lots of investors will be drawn to the platform. How long will it take for a stake holder to accumulate upto 636,713.69%? Is it in a year? How are you able to generate upto 636,713.69%? Do you think there will be sufficient liquidity to fill up orders at any point that a user’s wants to sell their assets? How will you ensure that Whales will have minimal effect on your platform so that incase a whale wishes to sell his share of the token, it wouldn’t affect other smaller investors? In a Nutshell, explain what you mean by Multi Level Marketing (MLM) protocol, how does it work and how does it benefit the end users?
I see you are having the Fair Launch which will start soon which is really awesome and a must-join so but before joining any token’s fair launch knowing its use cases is really important so can you talk about $MLM use-cases and can we stake $MLM too? Can you also tell us the Soft Cap and the Hard Cap too and What will be the minimum and maximum buy in the fair launch ? also Can everyone participate in this token sale?
Hello !!
You mentioned ” Multi Finance is a leading MLM (Multi Level Marketing) defi protocol that pays holders up to 636,713.69% APY. ” Can you tell us more how does staking works in Multi Finance and how can you guarantee about this much APY and also How can you guarantee us that your token cannot dump by this high APY ? Can you also tell us how can we stake $MLM and what are the rewards for staking $MLM token ? Can you also tell us how compound APY works in Multi Finance ?
Hello !!
I would like to ask that How can I stake $MLM into your platform and How is it possible to give such a huge APY? Talking about your compound APY you mentioned you’re paying 0.025% every 15 minutes so first of all so Can you confirm us that this is for real or its just for attracting investors into Multi Finance Protocol? also If it’s real then can you bear to pay such a huge amount of fees in this APY? also Can you tell us about your referral program and how can I invite my friends and what rewards are being given away?
Hello Multi Finance Team!
You stated that $MLM is a BEP-20 token with an elastic supply that rewards holders using a positive rebase formula. Can you explain the Positive Rebase Formula? How does it work in rewarding each stake holder? What does “Elastic Supply” of token mean? Highlight the use cases of $MLM within and outside your platform. What strategies and mechanisms is your platform employing to make sure that $MLM wouldn’t be a short hyped token that will later dumped in the Future? Currently, how many token holders do you have and how can I acquire the token? Lastly, do you have any plans of deploying the token on other Blockchains aside BEP-20?
Hello Multi Finance Team!
I had read about your Referral Mechanism and I understand that the optimal referral mechanism is divided into unlimited levels, helping investors to increase absolute profits. Kindly explain how the Referral Mechanism work. Can you give a basic highlight of the levels of the Referral Mechanism and how they work. Give details on the reward structure of the referral mechanism. I had seen that with the Referral Mechanism, then a user may get discount on trading fees; What is the actual trading fee on your platform? By leveraging the Referral Mechanism, by how many percent will a user’s trading fee be discounted? How are the trading fees allocated within your ecosystem?
Hello Multi Finance Protocol – My attention was drawn to your “Sure-Win Lottery” and I’m asking , could you please explain to us how sure a win the “Sure-Win Lottery and what actually are the winners going to win in the “Sure-Win Lottery”, and what criteria as to eligibility have will participants have to meet to be able to take part in it ? Lastly, when is the”Sure-Win Lottery” taking place or is it ongoing now ? Please tell us
On the 5th Phase of your roadmap, you plan on releasing a stable coin ($MUSD). The recent Saga with terra’s $UST is a matter of consideration because I personally never thought that a stable coin could loose so much value. Firstly, What sort of stable coin will the $MUSD stable coin be? What are the reasons as to why you will be launching a stable coin? What utilities will the stable coin be based on? How will you ensure that the stable coin will continually maintain it’s pegged value? Why should users choose $MUSD over the likes of $USDT, $BUSD and $USDC?
The Cryptosphere is very vast and due to this, we see the incorporation of new technologies and strategies everyday. The inability of some projects to blend with new technological advancements has been the reason why they have failed in a short term and as such I will appreciate if you can tell us about how you aim to adapt to possible changes that may be encountered in the DeFi space in future. Does Multi Finance have what it takes to compete with major DeFi flagships and maintain hype over time? Tell us about some basic features of your platform that gives it an edge over major competitors. In Brief, Why should I choose Multi Finance?
I really commend Multi Finance’s approach to NFTs. Although NFTs has been a trend in recent times, many NFTs related projects have failed to deliver. Multi Finance however combines NFTs with a Watch to Earn mechanism which is something I have never seen in the Cryptosphere. What is the heart of your NFTs? How does the “Watch to Earn” mechanism work and how can I maximize my profits with this mechanism? Which platforms are you collaborating with to boost the performance of the Watch to Earn feature? Since you combine NFTs with the “Watch to Earn” feature, do I have to acquire an NFT first before having access to this feature? What benefits will holders of NFTs be entitled to on the Multi Finance platform?
Sustainability of the incentives in a project ensures that the particular project stays for a long time, i became skeptical on reading that the Multi Finance pay hodlers 0.025% compound per 15 minutes, and I’m asking, how do Multi Finance intends to sustain this 15 minutes 0.025% compound pay ? Lastly, i read that if I refer some friends to join Multi Finance, I “can” earn up to unlimited $BNB with unlimited levels of pyramid. Could you please explain whether there is a required number of some friends to be referred, and there any “clause” that could deny me this $BNB even when I had referred some friends to join Multi Finance, because you used the word “can’ instead of “will” ?
I learnt you created a WATCH-TO-EARN platform on which by watching videos or listening to our favorite music we can earn. This is the first time am personally coming accross this unique concept. I’m a lover of music and watching videos and when I saw this, I feel completely interested. Please can you elaborate on this WATCH-TO-EARN concept and how it works? Are there limits to a brand or number of music and videos i can watch and listen to earn? What are the requirements/criterias to explore this concept? Are you collaborating with any artists or music industries to bring this amazing concept to us? Please kindly state the requirements involve to follow up this concept? Thank you
Your platform promises an attractive and huge steady APY of over 600,000% using a rebase token mechanism. Can you explain how your rebase mechanism and auto-staking works and how rewards distributed based on this mechanism? How feasible will it be for you to operate sustainably and still be able to deliver a high ROI? You also said that to handle liquidity problem that may arise, you will tax fees for buy/sell up to 20% and that users with multiple upper referral can reduce their their buy/sell tax to 10%. Isn’t 20% as tax too high? How do you determine the actual tax or fees payable by a user and at what rate does tax decrease with increasing referral count per user?
Every token will definitely rise in price as a result of the initial hype but there may be a sharp drop due to sell pressure there after. How will you ensure that $MLM will be able to mitigate unfavourable market conditions and remain value even during market Dips? What benefits will holders of the token be entitled to?
You have mentioned a Watch to Earn Function and It was clearly stated that the NFTs is used for Watch-to-earn function. Each player has to own at least 1 NFT to start the journey. In addition to this, you had mentioned that there are four levels of NFTs which are ; Silver, Gold, Diamond, and Red Diamond. Elaborate on each level of these NFTs. What benefits comes with owning the Silver, Gold, Diamond and Red Diamond NFTs? What is the price range of each level NFT? If I happen to own a rarer level NFT (For Ex. Red diamond), how does it further benefit my Watch to Earn experience over the less rare collectibles? Are there any chances that you will be freely airdropping some NFTs to your community users?
Hello, Multi finance team.
According to the description of your project, you have made a real breakthrough in the world of crypto finance, at a time when the community has not yet built defi 2.0, you are already presenting defi 3.0 to the world. This is very cool, please tell me what is the main difference between version 3.0 and 2.0? I am attracted to everything innovative, and I am even more hooked on your calculations, I am very much waiting when I will be able to invest $1000 and get more than $6 million in a year. How did you manage to achieve such a level of profitability of the protocol?
The problem of nowadays DEX is the AMM (Automatic Market Maker). The users can not set the order books, so they have to see the chart all day long and choose the right time to buy/sell their tokens. Multi Finance aims to solve this problem using the Multiswap which is a combination of CEX and DEX (Multiswap=DEX + CEX). Clearly give details on the features that makes Multiswap a DEX and CEX combined. Since CEX’s are centralised, what is the extent of Centralisation of Multiswap? What KYC processes will users go through? What sort of actions/transactions can I initiate on the Multiswap? Since Multiswap combines CEX and DEX, give details on it’s advantages over CEX’s like Binance as well as DEX’s like pancakeswap.
Hello, Multi finance team.
According to the description of your project, you have made a real breakthrough in the world of crypto finance, at a time when the community has not yet built defi 2.0, you are already presenting defi 3.0 to the world. This is very cool! I understand that if I don’t have a top referral, I will pay a 20% transaction fee. Please tell me, why is it so big? How can I lower it if I found out about your project through this AMA and I don’t have a referral, where can I get it?
Hello, Multi finance team.
According to the description of your project, you have made a real breakthrough in the world of crypto finance, at a time when the community has not yet built defi 2.0, you are already presenting defi 3.0 to the world. This is very cool! I tried to figure out your ranking system, but unfortunately it’s quite difficult. Could you just explain to ordinary users how it works? How can I maximize my rank, what do I need to do for this with different market moods?
Due to my findings, I noted that MultiLink W3 is an Information bridge that is in charge of transferring information and data from the real world to the blockchain and vice versa. Now, I will like to know how the MultiLink W3 works to enable it transfer data and information from the real world to the blockchain and vice versa. What are the unique features of the MultiLink W3? What sort of Data and Information will the MultiLink W3 be used to transfer? What benefits does the MultiLink W3 pose for users on your platform? How can users leverage the information bridge (MultiLink W3)? In what ways will the MultiLink W3 increase the overall performance and efficiency of your platform?
As per your NFTs collection, while reading through your whitepaper I saw there are 4 levels of NFTs namely Silver:1BNB, Gold:2BNB, Diamond:5BNB,and Red Diamond:10BNB. Can you explain these levels of your NFTs according to their functions and characteristics? What are the key difference between the Diamond NFT and that of the red diamond NFT? Where and how can a player own any of these NFTs? What are the usefulness of them? I learnt to participate in the WATCH-TO-EARN a player must atleast own an NFT so which of these NFTs is purely mandatory to participate in the WATCH-TO-EARN concept? And also apart from participating in the WATCH-TO-EARN what other functions does all these NFTs have?
INSURANCE mechanism wherein 2.5% of trading fees are stored in the Multi Insurance. Could you please elaborate on this aspect ? And I read a CAVEAT that says IMPORTANT: remember to set an upper referral for yourself to get the best trading fee : otherwise, your fee may be charged upto 20% , Could you please elaborate on this too and why is it so ? Lastly, I read there is NFT introduction which is used for watch -to-earn function and each player has to own at least 1 NFT to start the journey, and there are 4 levels of NFTs silver, gold, diamond and red diamond. Please tell us, what is the use case of each NFTs and are these NFTs ready and available for purchase in marketplace at the moment ?
Multi Finance has multiple products and one of such product that caught my attention is MultiSwap. MultiSwap is an exchange which you said will combine features of both DEX and CEX. Can you tell us more about MultiSwap and its attributes? How will it act as a decentralized exchange that features centralised qualities? Will MultiSwap function on one network or can it work on multiple chains and allow swap operation on multiple networks? Lastly, What trading fees apply during swap and how will it provide solutions to some known challenges of DEX such as high slippage, bot frontrunning, low liquidity and trading limited to only market order placements?
When I see an amazing platform I wish it last for decades, as many amazing platforms collapse due to lack of revenue. A revenue greater than incentives gives a sustainable model, so can you explain how you are maintaining a sustainable model with the facts you are giving up to 6million APY for just $1000 investment, creating a watch to earn platform, ensuring a sure-to-win lottery and other incentives you are giving in the platform? Do you have a 3rd party or backups? As per your roadmap in phase 4 is when you will be facilitating partnerships, so how do you generate revenue that will help secure this unique platform in the long run?
Greetings Multi Finance team
Going through your whitepaper, i learnt that Multi Finance pay its hodlers 0.025% compound per 15 minutes, which when calculated it gives, a 636,713.69% per year approximately. However i am curious to ask for details regarding this 0.025% compound interest, is there a specific amount of Tokens users must hold to be eligible for this 0.025% interest? Or it is applicable to every holder of your tokens? how long would users receive this free 0.025% interest for? Will the design of Your token rise and fall with the success of the platform?, does it include any scarce paths?, such as equity, storage or burning? What are other benefits of holding your tokens?
Greetings Multi Finance team,
Interestingly enough, Going through your platform, Some of the Prominent features that amazed me about Multi finance are the Sure-Win Lottery, MultiSwap, DEX + CEX combination, MultiLink W3, & the Watch-to-earn trend follower. Can you please give extensive explanations on the Features listed above? Although i am more interested with the Sure to win Lottery you mentioned about. How does this Lottery really works? is there a 100% guarantee for winning?
Hello Multi Finance Protocol Team
As per your audit, it was mentioned that contract owner has the ability to “manipulate total supply of token” which in turn have direct impact on token price and market cap. Can you elaborate more on this privilege of ability to Manipulate (increase or decrease) Total Supply of the $MLM token and why it is left with Contract owner? Are there any setup governance or DAO which will give users ability to influence Decisions concerning the Multi Finance Protocol? How do you expect investors to have trust of proof in Multi Finance Protocol with this ability left with the team?
Going through your tokenomics, I saw that 2.5% of Trading fees are stored in the multi-insurance which helps sustain the system and another 2.5% of trading fees will be added to the multi treasury. Can you elaborate more on your multi-insurance and factors/situations which will trigger funds in this multi-insurance wallet to be used? Will users be given the ability to be able to checkmate and monitor the Multi Insurance Funds? Can you share on some of the usecases of funds within the multi treasury? Are there any Governing body or set of rules that will oversee the release of funds for the multi-insurance and multi treasury respectively?
I noted that NFTs are used for Watch-to-earn function. Each player has to own at least 1 NFT to start the journey and there are 4 levels of NFTs which are: SILVER, GOLD, DIAMOND, and the RED DIAMOND. Also, there are no RED DIAMOND NFT in the marketplace at the moment. Can you give us more details on the four levels of the MULTIFINANCE NFTs? How much does each level of NFT cost? What is the total supply of the NFTs and how many for each level? When can we get to purchase the RED DIAMOND NFT from the marketplace? I also noted that users can hold $MLM for a week and receive 1 NFT Gold. I would like to ask, How much $MLM token do we need to hold to receive the Gold NFT? Apart from Watch-To-Earn, What are the utilities of the MULTIFINANCE NFTs?
Talking about winning, from my study of your project, one of your fantastic feature caught my attention which is the DAILY SURE-WIN lottery. Can you give us more details on the DAILY SURE-WIN lottery? How do you ensure that investors do not have any losses since there is a guaranteed sure win? How can users be eligible and access this feature? And also MULTI FINANCE PROTOCOL will bring users the ULTIMATE WINNING FORMULA. Can you expatiate on the ULTIMATE WINING FORMULA? How does this wining formula work and what can users win with it?
I understand that users can take advantage of referral mechanism to build their MLM ecosystem, their buy/sale tax will be greatly reduced to 50%. Buy/sale tax applying in referral mechanism: 10%. Can you give us detailed steps on how users can take advantage of the referral program? How many referrals does a user need to have to be eligible for the tax reduction? Does a user’s referrals need to buy a certain amount of $MLM to be considered valid referrals?
About your Fair Launch Presale, in your last AMA held on Satoshi group Spanish community, you made mention that during the PreSale, there are no maximum or minimum limits for buying $MLM, just buying with your capacity. After finishing the
FairLaunch, it was stated that you will distribute the gemstone NFT for users in 7 days, well, i would like to get more details regarding the Use cases and benefits of the Gemestone NFT that would be distributed to users, does this also mean that all users who were able to Participate in your Fair launch Presale regardless of the quantity they bought, would also get these Gemstone NFTs?
It was amazing to see that you have a Watch-to-earn trend follower, where users gets rewards by just watching or listening to their favourite Music. Well, I am curious to know if this product is ready at the moment? And what could be the requirements for users to start using the Watch to earn model? How is the Streaming Reward Calculated? Is there going to be like a limit at which a user can watch or listening to products to earn daily? How is the Earning withdrawals going to be carried out? Is there going to be A Capped amount for the withdrawals?
About your Roadmap, i would like to know if you Can share the achievements and goals that the project has achieved in Q1, and what are the key goals that you aim to Achieve from the project in its Roadmap? Can you please give Details on how you plan to Build up a Rich and Healthy Community for this Project? How about the Security of the Project? And also the Optimization of transaction speed? I would like to have detailed elaboration on this.
While reading through your whitepaper, I noted that the NFTs is used for Watch-to-earn function and that each player has to own at least 1 NFT to start the journey. There are 4 levels of NFTs which are Silver, Gold, Diamond, and Red Diamond. Can you explain more on the different levels of NFTs? What are the benefits of owning each of them? What is the maximum amount of NFTs a player can own? You did mention that there are no Red Diamond NFT in the marketplace at the moment but it will be released in the future for some special cases. What kind of special cases will necessitate the release of Red Diamond into the marketplace?
I noticed that Multi finance has a referral mechanism which is divided into unlimited levels helping investors to increase their absolute profits by referring other users. I would like to know more about your referral mechanism. How is the reward for the referral system like? Is there a limit to how much a user can earn from the referral system? Lastly, what are the criteria for rewarding a referrer and does the referee also get rewarded?
Current Problems of current Decentralized Exchanges (DEX) is their Automated Market Makers(AMM) and I noted that you introduced the MultiSwap to Resolve this Problem. Can you elaborate moreon MultiSwap? Can you share on some of the unique features of MultiSwap that will gives it Advantages over similar DEX or CEX? can you explain MultiSwap AMM solve the issue of current DEX and enable users to set their order books so orders will be executed automatically?
One feature of the Multi Finance Protocol will be MultiLink W3, which is an information bridge that is in charge of transferring information and data from real word to the blockchain. Can you elaborate more on Multi Link W3 as an information bridge and how it works to transfer information from real world to blockchain? What are the requirements for users to access MultiLink W3 to transfer information and data from real world to blockchain and vice versa? Can you share on the Benefits of Multilink W3 to users and also to Multi Finance Protocol?
Hello Multi Finance Team!
Judging from your website, trading fees on Multi Finance will be allocated for several purposes, 4% for marketing, 2.5% each for insurance and treasury, and 1% for lottery pool. If the project has to face financial issues, are users allowed to recover their investments from the insurance? How do you maintain the transparency of using treasury funds? Please explain more on your lottery too. I read it will be drawn every 30 seconds. Is it enough to allocate 1% of fees for the prize pool? Do you also have external income sources for the pool? BTW, what will happen to the remaining 90% of the transaction fees? Like many projects do, do you distribute the fees among token holders or stakers?
Thank you.
Hello Multi Finance Team!
I have a question regarding your lottery. You have introduced it as a “sure-win lottery”. Does it mean that every entry contains a prize? If yes, how does Multi Finance generate a profit from this event? I saw that the ticket fee is 10 $MLM and there is a “chance” to win from 5 $MLM to 100 $MLM for every ticket. With this statement, we cannot call it a “sure-win” lottery since there is only “a chance” to win. Am I correct? What is the winning percentage of this lottery? You have mentioned that this contest is for token holders. After paying the ticket fee, should I have a certain amount of $MLM in my hand?
Thank you.
Hello Multi Finance Team!
“Play 2 Earn” is a popular concept offered by plenty of platforms. One of your features is “Watch 2 Earn”. Can you elaborate more on this feature? Which type of contents are offered for watching? If users have to watch videos, it requires a considerable amount of data. Compared to the expenditure on data, can they get a good income? How do you measure the efficacy of watching activities? Unlike when playing a game, users can get the content to screen and do their own work without watching it. Do you have a mechanism to track that type of misuses? How do you know whether users are actually watching?
Thank you.
According to your description on fees, there is a 10% fee for buying and selling whereas it becomes 20% if we don’t have an upper referral. It seems you are encouraging us to join from a referral link. In addition to lower fees, are there any benefits of having an upper referral? These fees are only for buying and selling. Don’t you have a withdrawal fee? Further, I hope to know whether this is a fixed fee or it will be revised according to market conditions. When a user pays 10% for buying and 10% for selling, he only gets 80% of his funds. It should be thought whether he actually receives a profit from holdings. If someone is hesitate to invest in Multi Finance due to high fees, what do you have to say?
I am curious to know more about your MultiSwap feature. I saw it is a combination of DEX and CEX. Can you elaborate more on this combination? Which kind of features are integrated from DEX and what are the points relevant to CEX? You have introduced MultiSwap as a solution to the AMM issue on DEX. How does Multi Finance solve AMM issue with this feature? Are you the first protocol to launch MultiSwap? During your research, did you find any problems related to DEX in addition this AMM issue? If yes, please briefly explain about those problems and your plans to solve them.
It caught my attention that there are unlimited levels of marketing on Multi Finance. It is clear to me that users can get better ranks by holding more $MLM. However, I could not understand why we should get a higher rank. What are the benefits that higher raknkers get? Currently, almost all projects are implementing anti-whale mechanisms for the security of the funds and to protect small investors. Don’t you think that your unlimited ranking system encourage whales? How do you ensure it will not be a threat to small investors?
It caught my attention that one of the things we will be able to find on Multi Finance’s ecosystem, is something called “Watch-to-earn trend follower: Your Hobby – Your Earning”. So, can you give us more details about this interesting feature that will be on the platform? What do you mean when you say “Your Hobby – Your Earning”? What do users need to do exactly to start making revenue out of Multi Finance? Also, what kind of hobbies can be exploited on your platform in order to start generating profits?
Your roadmap does not contain a time frame. Can you give a rough idea about time frames for each phase? What is the current phase? By the 5th and the last phase, you are targeting 10,000 holders. What are your developmental and marketing plans to reach that goal? During that phase, you will also be launching a stablecoin called $MUSD. There is a trend of creating stable coins. Are you just following that trend or are there any special utilities of $MUSD on Multi Finance?
How does your insurance work? I read it helps to avoid flash crashes, black swan events, and whale activities. Can you briefly explain how does your insurance control these situations? According to your explanation, insurance consists of 2.5% of trading fees. Is this percentage enough for the insurance to contribute to the platform? In addition to the insurance, what kind of security measures you have taken to avoid aforesaid threats?
When introducing Multi Finance, you have highlighted 3 features, 1. Next-generation, 2. Community-oriented, 3. Fully decentralized. Please briefly elaborate on each feature. What are the new features included in Multi Finance to fit for the next generation? What are your community centered features? How do you assure Multi Finance do not keep any centralized features? Although almost all projects state they have this kind of plus points, they are not actually offering them. Therefore, please prove Multi Finance actually own these features.
I read that you have 7 functions in total in the Multi Finance ecosystem, and currently 3 of 7 applications are completed including: auto -staking, referral mechanism, daily lottery.So can you give us a sneak peek of what the remaining 4 functions are and when will they be deployed on your platform?And how will each functions provide users with more profits as they invest in your ecosystem?And for the daily lottery aspects,will users purchase a one time Ticket that will be use in the lottery draw and can you provide where users can actually get this Ticket?Please explain Thanks
One of your feature is MultiLink W3 – which is an Information bridge that is in charge of transferring information and data from the real world to the blockchain and vice versa.So my question is the when will the Beta Test version of the Multi-Link be available,will it be a close or open Beta before its final launch?With the use of Multi-Link what are the core problems this feature will solve?And how will it provide comfort and safety for users when they transfer information or data without a third source having access to it?Please explain Thanks
While reading about Multi Finance Protocol, something that caught my attention is the Compound APY that the platform is offering to users, stating that they can generate up to 636,713.69% per year. With that in mind, can you tell us more about this incredible amount that Multi Finance Protocol offers to users as APY? How is your platform able to provide such a high % of APY while other platforms can’t without compromising the integrity of Multi Finance Protocol and it’s economic model? What are the terms and conditions users need to follow up if they want to receive this APY? Also, is this APY % up to changes, whether if it’s to increase or decrease, or do you have any way to make it a stable %?
I read that Multi Finance Protocol has an Insurance system, can you give us more information about it? How will this Insurance system exactly work on Multi Finance’s platform? Where do the funds for covering this Insurance system come from? What do users need to do if they want to benefit from this Insurance system that has been applied into your ecosystem? Do they need to follow any kind of rules? Also, on what kind of cases can this system be triggered? On what situations will this Insurance be used?
From what I read from your white paper,NFTs will be used for the Watch to Earn function, and each player has to own at least 1 NFT to start the journey.These NFTs are in four different levels GOLD,SILVER, DIAMOND,RED DIAMOND.I would like to know, will holding each of these NFTs affect the players rank?Or increase it’s APY?Is the RED DIAMOND a rare NFT?And there are no RED DIAMOND NFT in the market,and it’s said it will be released on special cases in the future.What are some of this special cases?Can you tell us how much it cost?Share with us thanks
Hello team MULTI FINANCE PROTOCOL
One of the features of MULTI FINANCE PROTOCOL is the”Watch to Earn ,which is based on consumption you’ve created a platform on which, just by watching videos or listening to your favorite music and making money from it.Do you have an App for this that users can download and enjoy live streams and listen to music of their choice?Will users earn just by watching or the number of times they watch and music they listen to?How can one earn from this?In this Watch to Earn model currently available or its still a work in progress? Kindly elaborate on this.Thanks
MLM is said to have a total supply of 1,400,000 and it is also said that it has an elastic supply that ensure it can reward users using a rebase formula. Most elastic supply tokens do not have a total fixed supply because the amount of token supply can rebase based on certain conditions. How will MLM maintain a fixed and elastic supply at thesame time and how will this assist you to ensure healthy token value? And since you allocated 2.5% of MLM fees for insurance, Can you explain how users of Multi Finance are insured against malicious incidences and how this allocation will be used to provide relief to them during unexpected situations that may result in losses?
Some days ago MULTI FINANCE PROTOCOL announcement that it’s officially completed it’s smart contract audit with CYBERSCOPE,many projects completed it’s smart contract by the well leading company CERTIK .But you choose CYBERSCOPE,how reliable is CYBERSCOPE?What makes it unique from other Audit firms?
And also to reach more investors/users that barely understands English, what other languages does your project support ? Thanks
Why should I invest in your platform so I can help both your project and my investment grow? What do you offer me that other projects don’t have?
From your road map I saw that you’ll be launching a Watch-to-earn platform on which users can earn by watching videos or listening to music. This will be an awesome feature. Can you tell us about the Watch-to-earn platform and how it will work? When will this Platform be Launched ? What are the requirements for users to be on the Platform ? What are some the features and functionality of the platform? What kind of Movies /music contents will he on the Watch-to-earn Platform? What is the reward mechanism you’ll be using on the Platform?
Its interesting to know that you focus on building a great community for your project and as such attracting Investors to Multi Finance. What are some of your marketing strategies to attract more users and Long term investors to MultiFinance protocol? Is your project open to investors will small funds or its only for the elite? What are the advantages and benefits of Multifinance protocol for its investors? How will you sustain the credibility, growth and development of your project for a Long Term? Thank You
Multi finance protocol has a Referral mechanism and The optimal referral mechanism is divided into unlimited levels, helping investors to increase absolute profits. Can you please share more details about the referral mechanism and some of the first stages/levels ? What are the requirements to be part of the referral program? What afe the reward mechanism for the referral program? Thank You
I read that $MLM is a BEP-20 token with an elastic supply that rewards holders via a positive rebasing formula. My question is, what are the advantages that this elastic supply model will bring to your ecosystem over time? What is the positive rebasing formula you have implemented to reward your users and maintain a sort of incentivized engagement between the community and developers?
Multi Finance has an optimal referral mechanism that is divided into unlimited tiers, which helps investors increase absolute returns. My question is, how specifically does this referral model work and how will it help Multi Finance increase the amount of investors it currently has? With this unlimited tier system, what impact will it have on the platform? Why have you decided to create this system in this way?
Multi Treasury will be used to fund marketing, new products, services, and projects for expanding and providing value to the community. Can you explain about the projects that expand and provide value to the community? Have you already planned about that type of projects or will they be planned in due course? What kind of new services will be funded by treasury funds?
You have stated that Multi Finance pay hodlers 0.025% compound per 15 minutes, it means 636,713.69% per year. Accordingly, an investment of $1000 $MLM today will be worth $6,367,136.91 of $MLM after one year. How do you generate profit to distribute this much of high rewards? As we all know riskier projects are more beneficial. There is no doubt that Multi Finance is beneficial. How do you assure you are not riskier?
According to your sustainable model, the revenues of Multi Finance are higher than incentives. Since this is only a model which is ideal for every platform, are you sure it will be practical? How do you get enough funds from third parties into the reward pool? What will happen if the platform does not generate adequate funds? Do you cut down the incentives?
I have a question, NFT has made play-to-earn possible by allowing players to make money while they are gaming. I noticed you’re working on a new way to earn money using NFTs that you’re calling Watch-To-Earn, and you’ve got four different types of NFTs for it. What are the benefits of each of these NFTs, and how will they be utilized to keep track of and make money? Will these NFTs be used to watch movies at the cinemas, or what will they be watching?
Your project includes a variety of features. What is the status of these utilities in terms of deployment and readiness?
There is a percentage of unlocked tokens in your tokenomics. What are the benefits of possessing these unlocked tokens?
Can you explain why you decided to have a fairlaunch rather than a presale?
My question is NFT has made play-to-earn possible by allowing users to earn money while playing games. I noticed you’re working on a new way to earn money using NFTs that you’re calling Watch-To-Earn, and you’ve got four different types of NFTs for it. What are the benefits of each of these NFTs, and how will they be utilized to keep track of and make money? Will these NFTs be used to watch movies at the cinemas, or what will they be watching?
Thank you!
Hello! Would you explain us how does the referral mechanism work? It is divided into unlimited levels, what are the benefits of each level, what are the requirements to increase in level?
❤️❤️ Multi Finance states that it delivers a sustainable APY 636,713.69%, and that as holders we can effortlessly generate cash flow from our crypto. That sounds insane! How can such a giant amount of money be generated for each holder, how would it be sustainable? What are the money generating mechanisms of the platform? Effortless money has been attempted a lot of times, but it’s usually easy come easy go at best
❤️ Multi finance counts with and insurance to saveguard user’s funds, it is backed by the 2.5% of trading fees, that are stored in the Multi Insurance. Does this insurance have any other income source? How would just 2.5% of fees, which are actually pretty low, be significant to help users feel more safe within the ecosystem, considering the heavy bearish market we are making front to? Trusting new projects is becoming more challenging these days
MultiFinance pays holders 0.025 percent compound per 15 minutes, according to your whitepaper. If you put $1,000 into $MLM today, it will be worth $6,367,136.91 in a year. For a year, that is a huge profit. Today, it is difficult to trust because rugpulls are frequent; why should we trust your project? I also saw that if you refer some friends to MultiFinance, you can earn up to an unlimited amount of $BNB; how will you avoid having many accounts? Is it necessary to have a kyc before entering?
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MultiFinance pays holders 0.025 percent compound per 15 minutes, according to your whitepaper. If you put $1,000 into $MLM today, it will be worth $6,367,136.91 in a year. For a year, that is a huge profit for an investor like me. Today, it is difficult to trust because rugpulls are frequent; why should we trust your project? For the development of the project it requires a well trained developer and professional team. Are your team doxxed? Can you share them with us? What is their specific role in your ecosystem?
Among the recommendations we usually hear when investing in a new project is not to trust in proposals of extremely high profits and APY. When I read that with Multi Finance Protocol we can obtain a stable APY of 636,713.69% I remembered this, so can you explain how the project is able to offer such a high profit? If someone were to invest $1000, in one year he would have a fortune. Where will all this money come from?
when will the MUSD stablecoin be released? Also after studying the white paper i discovered that NFTs has Levels that is – Silver: 1 BNB,Gold: 2 BNB,Diamond: 5 BNB,Red Diamond: 10 BNB.
There are no Red Diamond NFT in the marketplace at the moment. It will be released in some special cases in the future.So what are the basic criteria for an increase in NFT level?Also I studied that the multi finance protocol deal with basically investment,buying and selling,For rank boosting does it only by includes buying and selling?
How does one’s rank increases by investment?What does the multi finance protocol operates around the auto staking and auto compounding protocols?
What are their mechanisms to achieve constant and sufficient fundraising, how do they plan to control the circulation of tokens according to their total supply, what will be their main source of income; Is it in your plans to incorporate new projects to the platform?
I noticed that Multi Finance has a Referral Mechanism. What does it look like and what function does this mechanism carry? Your site contains information about five levels. And how many levels have been developed in total and how are they characterized? What is the significance of the Referral Mechanism for the Multi Finance ecosystem as a whole?
It has the liquidity and real financial capacity to meet all its investors with an APY of 636,713.69%, especially considering the current market conditions, which guarantee they can offer their investors and holders of the veracity and capacity to be able to meet this offer. What is your greatest strength at this time when the market has been destabilized, what can MultiFinance offer Defi to achieve effective solutions to the crisis?
Hello MultiFinance team. On your website you tell us that $MLM rewards holders through a positive rebase formula, can you please explain us about this formula; What tools do they provide to investors so that they can effectively increase absolute profits, how often can lottery rewards be withdrawn, considering that every 30 seconds, there will be a lottery contest for all hodlers to join?
One of the Multi Finance tools is Sure-Win Lottery. Holders can win up to $100 MLM. As I understand it, every participant wins? Where can we find the full terms and conditions of the lottery? Who can take part in it, how much does a ticket cost and how will the prizes be generated, what do they depend on? Is this the only way to win $MLM or are there any other giveaways?
So far, Multi Finance appears to have the highest paying Auto Staking and Auto Compounding features. Can you explain how Multi Finance staking and auto compounding runs, despite the fact that it offers holders an APY of up to 636,713.69%? What methods will be used to accumulate and distribute interests to $MLM stakeholders? What assurances do you have that the attractive APY will last indefinitely? Since you provide high APY, how will you manage liquidity, how will you sustain the system?
Projects are continuously attacked by hackers. That is the nightmare of many projects. So, what is your strategy to anticipate hacking possibilities on your platform? What plan do you have in order not to let project get hacked and cost investors
Nobody can guarantee the security of Smart contract. But Audit play an important role to find out the known bugs of smart contract. Can you tell us describe how strong is your security ? Have you done an audit by any third party ?
Many projects not only seem to be successful in their white paper and roadmap, but when they try to implement project missions they encounter various problems and eventually collapse. How does your project overcome each challenge in its project development?
How Multi Finance Protocol Project give impact on Bear Market to prevent Holder interest?
I also saw that if you refer some friends to MultiFinance, you can earn up to an unlimited amount of $BNB; how will you avoid having many accounts by one user? Is it necessary to have a kyc before entering? What are the requirements for me to be eligible in this referral program? Is this nonstop or you have your ideal number of members to reach before closing it?
One thing that I got interested is the high APY- 636,713.69% which $MLM holders generate through staking & You mentioned that it will be fixed APY. Can you tell us more details regarding Multi Finance Staking Protocol? Actually, How will you give such a high APY for the $MLM holders, Will you invest our funds in another platform like COMPOUND? However, I am experienced by lot of scam projects which promised high APYs that are not realistic. So, How can users trust Multi Finance Staking program? How about the security of our funds after we invest them on you? By the way will users be able to unlock their funds whenever they want? How about harvesting schedule & Locking periods for each packages in Your staking Pool?
According to the website an issue that has been mentioned is Referral mechanism which one of #MultiFinance features, Can you explain more to me how do it work and discount from this ? what would i do to become a refer legitimacy ? is there limited maximum reward can get each level?
With a unlimited levels of referral mechanism, Multi Finance platform offers their users to earn more profits. In here, the profit percentage will vary according to the level of referral mechanism. For example, level 1 referer will be profit 2% while Level 2 referer profit 1%. Can you explain about that so that users can bring more investors in to Multi Finance ecosystem? And also tell us about other privileges, benefits that users will be able to aquire through referral program?
It caught my attention on the feature of Watch to Earn trend followers within Multi Finance Ecosystem. Can you explain more details about that feature? How will it be adopted within Multi Finance ecosystem? Is it like watching videos or making more followers under us? However, This is new to me. Can I earn $MLM through this feature? If yes, provide me proper guidance to involve with that?
As we knew about #MultiFinance is a leading MLM Defi Protocol with sustainable up to 636,713.6% APY. So my question how much is the minimum for staking and which is token/coin available to stake in your platform ?
My question regarding the Stable coin of multi finance protocol. Because recently, UST of Terra network have got a crash in crypto market due to a hacker attack. So, What precautions will you take to avoid such situations in future? Will it be developed without bugs & loops? Usually new projects introduce their own Stable coins but the result will imapct to the whole crypto ecosystem. Will your stable coin evolve with user friendly way? On which physical currency will you peg it, will it USD,EURO something?
On 01st of June, You have decided to launch your project as a fair launch on Pink Sale platform. Firstly, Tell me why did you decide a fair launch without going for presale or IDO? Please Provide more information about $MLM fair launch? What currencies can investors use to buy $MLM through Pink Sale platform? How about the listing price of token in your fair launch? Lot of platforms will not send the tokens immediately after getting the money. Will users be able to receive their tokens immediately after buying?
1. A strong community not only brings interesting ideas to the project but also attracts larger partners. So how #MultiFinance project planning to build its community? And is there a plan to recruit people with Blockchain experience to your team?
Do you have any plans to attract non-crypto investors to join your project? Because the success of a project attracts more investors who haven’t yet entered the crypto world. What are the plans to raise awareness about your project in the non-crypto space.
Hello, I am an investor interested in cryptocurrencies for 1 year. So far I’ve seen many projects promising very high APR/APY rates, just like your platform. However, I did not invest in any of them. Because I think that it is not possible to give such a high rate of APR/APY, and it would not be profitable if given. That’s why I don’t trust projects that promise a very high APR/APY ratio. I’m sure there are many investors in my situation. How do you convince investors in my situation that the high APR/APY ratios you are promising are realistic, our investments will be profitable, and your platform is reliable?
I have a question which I need a clear understanding for..
How do Multi finance plan on executing the plan of the auto staking for a long period of time without running out of supply, or even if the supply are being minted to meet up the required rebase, won’t the price dump because of the high supply and circulation? How do the team plan to maintain high price for this project.