We are pleased to announce our next AMA on July 6th, 2022 at 01:00 PM UTC Time: Satoshi Club x Dappy
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Dappy Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Dappy Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Dappy
For more details:
Dappy Website – dappy.directory
Dappy Telegram – @Dappy
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Hello Team Dappy – it caught my attention to know that Dappy has in its structure a SOLUTION that allows users to create investment POOLs Revenue wherein POOL Owners can monetize a portion of investors’ pooled funds to generate revenue OFFSITE, can you Please tell us how we prospective investors of Dappy ecosystem may be able to generate revenue Offsite using Dappy solution cause I’m very curious about the mechanism ? I also read that there’s Pool reward rates which are usually adjusted dynamically, could you please elaborate on this aspect of your structure and, how exactly is the reward rates dynamically adjusted, and what are the likely factors that warrants the pool reward rates being adjusted dynamically, as how dynamic is this adjustment ? Thanks
Hi Billz
Pool owners utilize funds invested to generate revenue using their own individual strategies, which will differ from pool to pool. For example the Dappy Genesis pool focuses on bot trading and yield mining strategies, but other pools may have a different approach.
For more info please refer to the docs here https://dappy.gitbook.io/docs/
Thanks
Dappy i read is the first ever protocol that allows users to create their own dapps pools or dappies for short, can you please explain to us how prospective users like myself may be able to create my own dapps ? What tools are users going to use in creating their own dapps and what will be the use case of the dapps created by users in Dappy ecosystem ? Lastly, it caught my attention while reading your Doc on your website at it relates to Dappy Marketing Materials which has the inscription ” Dappy Logo (on yellow), Dappy Logo (on white ) & Dappy Icon (on yellow), and I’m kind of curious as an enthusiasts, asking, what is the significance of both Dappy Icon (on white), Dappy logo (on white) and Dappy Icon (on yellow) if any, Please tell us . Thanks
By going through your docs, I saw that Dappy indeed has great potentials. I saw that you must connect your wallet first before investing, but there are certain instances that investors got hacked by scammers when connect their wallets. Pls can you assure the security of investors fund? Does Dappy has audit certificates, and by which company?
After investing in Dappy, I learned that an investor can earn certain apy% on a daily basis which depends on the amount you invested, my questions are:
-can I be able to withdraw my daily apy%(daily earnings) daily?
-can I be able to terminate the investment or until the specified time?
-is Dappy also a Web3 base or not?
I learnt that, Apart from making investments simple for investors, i learnt that Dappy also gives its users all the power of the blockchain without writing a single line of code. This seems to be very interesting to think about, but can you please work us through on how we can create our own pool using your platform? Is there any specific amount that is expected from us to pay, in other for us to create Our Own pool? Can other users also use our created pools to invest? Is there a way that we can also share our Created pools with other users in your platform? What could be the difference between our own created Pool and the Pool that your Platform offers to its users?
I learnt that Dappy makes investing simple and easy. But While i was reading about how to invest in your platform, i got to notice that we can invest through the use of Various investment pools, through your list of verified pools, this made me to think about how you get to verify these available pools. Can you tell us how these pools are been verified? What numbers of verified pools do you have presently in your platform for users to make use of? And since it was also stated that users can also create their own pools with your platform, it got me curious to know if this also means that the pools created by users would also have to be Verified by your platform before being able to use it?
There are three groups of beneficiaries on Dappy platform, investors, communities, and influencers. Please briefly explain about the available benefits for each party. Which is the most beneficial option among these three? Are users allowed to join as community members and influencers without paying any fee or holding your tokens? Can a single user join as an investor, a community member, and an influencer at the same time? If it is not allowed, can they create three separate accounts for these options? It seems all these groups represent the crypto community. Do you offer any options to the non-crypto community?
This question is regarding creating a pool on Dappy. I read that Dapp has already written the code for me and all I have to do is set the parameters and add a short description for my pool. Does it mean that users can create pools on Dapp without any basic knowledge? When setting parameters, can I decide and implement the hedge ratio, the rewards rate, and the owner fee? Do I need to submit the rates for the approval of Dappy team? I noticed that pool owners are allowed to use the admin panel to monitor investors’ pooled funds. There is also a community for pool owners. Should I pay an extra fee for those features?
There are five strategies to maximize our earning potential on Dapp, compound daily, 6:1, 3:1, daily withdrawals, and hoarding. 6:1 is the highly recommended method whereas daily withdrawals and hoarding are not recommended. Compared to other strategies, what are the benefits of 6:1? Please explain why don’t you recommend daily withdrawals and hoarding. What are the risks associated with these two strategies? After choosing one strategy, can I change it later? Is there an option to blend these strategies? Will you introduce more strategies in the future?
Hello Team – On your website as it relates to CREATORS, has a catchy solgan that says ” Your Pool, Your rules”, providing for OWNERS Fees, whereof you did said Pool owners can set their own fees, and Everytime an investor enters their pool, they will earn a small fee, can you tell us the parameters for Pool Owners has to follow in setting own fees in other to curtail outrageous fee ? How is this fee being calculated and with regards to using the cash flow from fees earned as investor enters owner pools, can you elaborate what other kind of additional exposure a Pool Owner needs as marketing for pools, and what are the strategies for pools owners to follow in marketing their pool ? Lastly, os there any tax charged on Pool Owners for marketing their pool ? Thanks
Could you please explain to us as it relates to Hedge Ratio high which has (above 75%) , which you did said will give my investors high confidence that their funds are secured , but may make it more difficult to keep up with my outflow, so why is it so ? Whereas choosing a lower hedge ratio means Pool owner having access to more capital, but requires more trust from investor which to me appears to be a kind of antithetical or ironical , because how should setting hedge ratio high which guarantee investors high confidence their funds are secure, results in difficulty to keep up with my out flow ? Please clarify this dilemma and explain to us prospective Pool owners between setting Hedge ratio high and Lower which is more profitable ? Thanks
Do you have any plans to attract people that watch movies but are 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 Dappy team.
Crypto assets are always associated with security concerns. Security concerns are higher when it comes to a DEFI platform. Can you guarantee that Dappy is safe for users? Will the liquidity in the pools be safe? If you are hacked and investors suffer a loss, will you cover the investors’ losses?
Hello Dappy team.
Dappy allows anybody to create and operate an investment pool. Pool owners are solely responsible for revenue generation as well as custody of allocated funds and earnings. Dappy is currently offering investors the opportunity to pool coins and tokens from the Binance Smart Chain network. I think the BSC network is a really great choice. It is used by many people. A large number of coins and tokens can be traded on this network. However, there are Solana, Avax and many more great networks. In short, there may be investors who want to trade outside of the BSC network. Also, there may be investors who want to pool coins and tokens that are compatible with other networks that are not compatible with the BSC network. Are you going to make Dappy compatible with other networks other than the BSC network? Do you have plans on this? Or will you just stay on the BSC network?
There are three types of pools on Dappy, high-risk, started and verified. What are the points you consider when listing a pool under these categories? For example, when do you mark the risk of a pool as “high”? Should we invest in those pools at our own risk? To make a pool as “verified”, what are the information you check? Please explain about the facts we should check when choosing a pool. I read that pool owners can create pools without writing codes. How does this simple procedure of creating pools affect investors? Similar to simplifying the pool creation procedure, what are the features you offer to simplify the investing process?
Every time we withdraw available rewards before break-even, we will incur a 10% reduction of the daily reward rate. Could you please elaborate more on this overdraw penalty? I read that this penalty will not affect the investors employing a 6:1 or 3:1 strategy. What is the reason for that? Further, according to your description, 90% is the lowest possible rate. Why users can’t withdraw more than 9 times? What will happen if users withdraw after break-even? Will there be any reductions? What can we do to skip these penalty fees?
You have promised to distribute Dappy rewards on a case-by-case basis, ensuring fairness and equality of opportunity for every investor. Please elaborate more on this process. Although this is a great concept, I could not understand how you are going to practice it. When there is a large group of investors, how do you study on a case-by-case basis to determine about rewards? Are you the first platform to introduce this model? Do you treat big investors and small investors in the same manner? Don’t you maintain investment tiers? Is it fair for big investors?
When you say that Dappy is for investors you also mention that Dappy makes it easy for anybody to invest. People can browse your directory of user-owned investment pools using filters to help them find the pool that’s right for them. Could you talk about the process of creating an investment pool from security perspective? Will all the pools be rated to help users find the best ones? How do you protect users against fake or scam investing pools? Thanks!
Please talk about the rules of participating in each pool. Does investing in particular pool means automatic blocking of funds for a certain period? Will it possible to invest in multiple pools and then play beetween them while following market fluctuations? Does Dappy provide an insurance or guarantee for at least a part of invested funds? Thanks!
During my research on your project, I found out that Dappy’s team decided to be anonymous. Normally, the whole team publish their details or while some publish their details others remain anonymous. But I found out all Dappy’s team decided to be anonymous. I am curious to know why all team members decided to be anonymous? Don’t you think this will post a doubt in the minds of your investors, the communities and your influencers about the authenticity of your project? However, where can we find informations,past experiences, and educational background of your team members?
The slogan “your pool,your rules” caught my attention,meaning that pool owners set their own rules regarding the fees they set for investors that enters the pool,
Set the revenue goals and work out how much inflow they can viably generate per day and also set up their “HEDGE RATIO” What I will like to understand more is the “HEDGE RATIO”. Can you please elaborate on this hedge ratio? What is the hedge ratio and how will it help pool owners to determine what portion of the pool funds will remain locked in contract versus what portion of the funds they will be able to access and monetize? Aside helping the pools owners to determine the portion of the pool funds to to be locked and which to be monetized what other advantages is the hedge ratio for pool owners? How can this hedge ratio be set? Are there any requirements involve to set up the hedge ratio? Please explain
In order to maximize earning potential, you said compounding daily is highly recommended.there is the 6:1, 3:1 and hoarding strategies or patterns of compounding. Can you please elaborate on these three compounding strategies and how they work? Which among the three is highly recommended and more advantageous and which is not recommended? Just as we compound daily, can we also withdraw our available rewards daily? If no, then what is the best time or period to withdraw? How many times can we withdraw our rewards in a day and week? Is there any penalty to who violate the withdrawal rules?
The official Dappy website has information that the genesis pool generates revenue by investing users pooled funds off-site. Can you tell in more detail what funds can be used for investment and what are the main advantages of such an investment on Dappy?
Dappy provides the ability to use different yield pools. I was interested in the huge percentages of APY in these pools, even the top projects in the cryptocurrency market do not provide such percentages. How do you manage to keep such a large percentage of profitability? Are there any risks for users to use these yield pools?
Since Dappy uses the BNB network, is the investment only in BNB tokens or is it possible to use other coins in this network? And do you plan to add support for multiple networks and thus make the Dappy platform more attractive to more crypto investors?
As I understand, Dappy allows anyone to create their own investment pool, give it a name and select the desired characteristics of the pool, all without using code. This interesting idea makes Dappy user-friendly, which means that even a beginner can use Dappy without problems. Do you think that this will bring many newcomers to the market with no experience and understanding of cryptocurrencies? Do you plan to release educational content for such users? Maybe even create some free courses or video guides?
Thank you for the answer.
When creating your own investing pool, you need to select a date in the STARTS ON tab. How limited is the user when choosing a date and how much does this affect the investing pool? Can I select any date there, like 2025? So my investing pool will start accepting investors from this date? What will happen to my investing pool before the selected date?
Dappy is the first protocol that allows users to create their own dapps. My question is, the dapps owned by users, called dappy groups (or dappies for short), are hosted in a single secure contract or this ownership is divided into several contracts? How do you ensure that each group does what it says it will do? How have you made dappy groups smart and sustainable and can they offer a viable place to park my cryptocurrency for the long term? Thank you!
One of the things that has caught my attention is that Dappy offers users to create their own customized pools. My question is, wouldn’t this represent a risk to the long term stability of the platform if there is no knowledge of how the pools work? In that case, is your pool creation system totally intuitive and easy to use even for beginners? How does this process actually work? Could you explain it to us? Thank you!
Although there are several strategies on Dappy platform, 6:1 is the highly recommended pattern by the project team. What is the reason to consider this strategy as a better method than other patterns? In this 6:1 strategy, users would compound their available rewards six times per week and withdraw those rewards once. Contrastingly, the hoarding strategy allows users to invest once and take no further action for an extended period of time. Thus, users will be able to compound their rewards for longer periods of time and receive a higher amount of funds. Then why do you consider 6:1 as a better pattern than hoarding? Please elaborate more on the benefits attached to the 6:1 strategy.
I wish to know more details about setting an owner fee when creating a pool on Dappy. I read that I will earn a small fee every time an investor enters my pool and the maximum fee is 5%. How do you calculate this 5%? Is it from the total investment of the investor? You have mentioned that pool creators can set a competitive fee to attract more investors. Please explain what do you mean by this “competitive fee”. Should we set a lower fee than other pool creators? Is it mandatory to implement an owner fee? Can’t we create a pool without enabling this fee?
Explaining the risks related to Dappy platform, you have mentioned that Dappy allows anybody to create and operate an investment pool, and pool owners are solely responsible for revenue generation as well as custody of allocated funds and earnings. Does this mean that Dappy team does not take any responsibility related to pools? As investors, how should we minimize our risks when selecting pools and investing in them? In addition to revealing this risk, what have you done from the platform’s side to ensure the security of investor funds?
Dappy offers their users the possibility of building their own Dapp with no coding required, how is all this process automated, is it customizable?
User-owned dapps are called dappy pools (or dappies for short), and are hosted on a single secure contract. I get that actually Dappy pools are smart and sustainable, offering a viable place to park owner’s crypto for the long term. But my question is, are Dappy pools the only type of Dapps that can be created on the platform? Do they have only one feature?
Good day, I personally love projects with their unique use cases so this caught my interest that you plan to offer the first ever protocol that allows users to create their own dapps pools or dappies for short.
How Feasible is this features going to change the phase of DEFI and how will investors benefit from this unique feature?
From my research on your project, you mentioned that Dappy allows its users to create and operate an investment pool, and pool owners are solely responsible for revenue generation as well as custody of allocated funds and earnings.
Can you kindly elaborate more on this statement?
You stated that your projects will distribute Dappy rewards on a case-by-case basis, ensuring fairness and equality of opportunity for every investor.
Can you explain how you plan on enable this interesting feature?
I read that Dappy offers to people the opportunity to create and fund in a very easy way their own Pools, which are called Dappies, and other users can invest in these pools as well if they want to. However, even though this sounds very interesting, it seems to me that such simplicity to create these pools can be misused by scammers. So, do you have some kind of security mechanism to prevent bad users from creating Dappies that can be used to scam others? If so, what kind of mechanisms will you implement, and how will they work in order to make an accurate analysis of possible scams?
I saw that in Dappy, fairness is a very important element so in order to maintain it, Dappy rewards and penalizes investors on a case-by-case basis. With that being said, can you give us more details about this fairness system work? What kind of actions will be rewarded on Dappy, and what will users receive as rewards? Most importantly, what kind of actions deserve a penalty on your platform and how does this penalty system really work? What punishments do users receive as the consequences of their own actions on Dappy?
You said Dappy is created by an anonymous team of veteran investors and developers, but your project is based on experimental technology. You said that users should be wary of associated risks while using your platform. Why do the team decided to remain anonymous and how can users be sure of their competency? And since you said the project is based on an experimental technology, don’t you think it is necessary to launch series of closed and open testing to ensure that the principles upon which Dappy is based are tested worthy before they are released to others? What are the risks associated with using your investment pools that users should understand, and what effort are you putting in place to ensure that these risks do not turn into threat for ecosystem users?
Dappy pools employ a system of penalties for which are The Overdraw Penalty and The Hoarding Penalty. Can you throw more light on these penalties and how they protect your protocol and its investors? Which actions and withdrawal behaviour triggers these punishments and how do they restore reward sanity within the ecosystem? In addition, you also said that the initial investment committed into your protocol by an investor cannot be withdraw at once. Since these deposits are users asset, why will you not allow users to withdraw their funds whenever they like? At what rate can they withdraw their initial deposit and when will they be able to completely withdraw their deposit plus the earning reward that has accrue to it?
In order to maintain Dappy’s sustainability, the project will dynamically adjust investor’s rewards rate to encourage cooperative behavior and maintain a healthy debt-to-growth ratio. So, can you give us more details about this interesting sustainability proposal? How will you exactly adjust each investor’s rewards rate? Based on what will those rewards be adjusted to? Also, how can this possibly encourage cooperative behavior between investor? Most importantly, how can this measures help you preventing any possible economic discalancing problem, and what are the benefits investors get from a sustainability proposal like this?
As an influencer, I picked up a statement on your document which stated as follows; “Dappy is for influencers” and as such, owning a pool on Dappy is a great way to monetize and improve my social impact. So I was wondering, how exactly does owning a Dappy pool help me as an influencer? How does this help improve my social impact as an influencer? Also, will this social impact be limited only to the Dappy space or does it expand across other social platforms? Kindly guide us through the steps needed to create a Dappy pool as an influencer. How much funding do I need to create/own a Dappy pool?
I looked at your whitepaper and I didn’t find information about your token or other tokenomics related item. Does Dappy has its own token that will be used for various utility on its platforms and are their plans to have an IDO or other fundraising for your project? Also, I can’t see your roadmap and I am unable to know some of the exciting functions you plan to launch with their time schedule. Can you share your project roadmap and how events are prioritised on it?
I clearly understand that Dappy makes investment easy as I could browse through a list of verified pools and select the ones that best suites me. Can you tell us about the minimum and maximum amount of funds that can be invested in these pools? Can I invest in more than a single pool or is everyone limited to just one pool? You had mentioned that by investing, a user earns daily rewards; how is the daily reward calculated? can you give an estimate of the % interest that accrues daily as a result of these investments? What is the best way that I could leverage and gain benefits from these pools?
I see that Dappy is a new project. Although, we tend to see lots of new projects in the crypto space daily, only few of these projects maintains a long term credibility and as such I will appreciate if you can tell us how Dappy aims to be not just a short hyped project but a project that will stand the test of time, remain credible and also remain afloat in the midst of many DeFi flagships. Guide us through how you aim to market the project. Also, the crypto market is a very volatile one; how then will you ensure that users on Dappy gets minimal effect as a result of unfavorable market fluctuations.
At this point, it is clear that growth fueled solely by new user investment cannot last. We’re tired of seeing newcomers take the bag while growth-driven revenue invariably stalls, causing projects to fail. What is Dappy doing against PONZINOMICS? Strategies developed to avoid PONZINOMICS?
Dappy is created by an anonymous team of veteran investors and developers. Born and raised in decentralized finance, we set out to empower our communities by making it easier than ever to earn passive income from your crypto. Can you offer some information about the team that created Dappy? What is the community involvement in Dappy? What type of Governance is developed in Dappy? How to participate in decision making in Dappy?
Creating your own pool on Dappy gives you the full power of the blockchain without writing a single line of code. Create your own pool. What are dappy pools? What are the benefits of Dappy pools? Advantage? What are the steps to follow to create a Dappy pool? Requirements to create a Dappy pool?
Decentralized finance is an ever-changing cyberspace full of new ideas and opportunities. In an unregulated space that is constantly evolving, every opportunity carries some degree of risk. Dappy groups are designed to minimize investors’ risk exposure? at the same time, provide competitive returns?
Owning your own group on Dappy is one of the best ways to monetize your followers and improve your social impact. It’s a great way to give back to the people who made you what you are while growing your own balance sheet with consistent income from deposit fees. What are the benefits that Dappy offers to influencers? Why should influencers join a platform like Dappy? Does it allow to monetize followers? How is the process of monetizing followers in Dappy?
For veterans and visionaries working together to consistently outperform the market, it’s time to step up your game and reach your full earning potential by creating your own Dappy group. How can you monetize investor pools to generate income for your community? What are the different investment opportunities offered by Dappy to the communities? How can you earn income from a platform like Dappy?
Fairness is one of our core values, which is why we embed it at the heart of our code. Dappy rewards and penalizes investors on a case-by-case basis, ensuring fairness and equal opportunity for all investors. How does Dappy’s reward and penalty system work? What are the features of Dappy’s reward and penalty system? What kind of rewards and penalty can Dappy users receive?
Dappy makes it easy for anyone to invest. Browse our directory of user-owned mutual funds using filters to help you find the fund that’s right for you. What are the minimum investment amounts in Dappy? Is Dappy directed only for large investors? In addition to being a Dapp that anyone can invest in, is it an easy-to-use platform for beginners in the Crypto world?
Dappy is the first protocol that allows users to create their own dapps. User-owned dapps, called dappy groups (or dappies for short), are housed in a single, secure contract, ensuring that each group does what it says it will do. Do you think Dappy offers a place to park crypto for the long term? What are the requirements to create a Dapp in Dappy? Any user can create Dapps on Dappy? What?
I love the fact that users can actually create their own investment pool on Dappy without any code required,but rather they are to use your “Templating Tool” to create their own pool.So can you tell us more about the Templating Tool?What added benefits will using this tool bring to creators of various pools?After creating this pools,what will creators do to maintain a healthy growth of their pools and suppose a creator wishes to close their pools on Dappy,can they do so or there are procedures they need to meet before they can close the pool?Please explain Thanks
To help investors strengthen their portfolios in Dappy,you have ensure that fairness is part of your core value as such you have built it into the heart of your code.Now you said Dappy rewards and penalizes investors on a case-by-case basis.So how is the case by case basis determine when your have large investors and small investors that will guarantee their rewards?And what will an investor do that will subject him or her to penalty or be penalize and as being penalized will the investor be restricted from investing for a time period or a percentage will be removed from their investment as part of their punishment?What is the % rate allocated to reward investors?Please explain Thanks
Hello Dappy team, I find your project quite attractive and different, I am interested in knowing what are the aspects and characteristics that make Dappy a viable place to park cryptography in the long term? Dappy establish rules and guidelines for the Dapps that can be created through its protocol, what are the limitations and level of autonomy that users have to create their own Dapps?
According to its Gitbook, DAPPY is a platform aimed at investors, communities, and influencers, but what are the attractions, advantages, and benefits that they offer so that these sectors feel motivated to be part of their project, what methods and tools do they offer them so that can really monetize through Dappy, is it necessary to join a group to be able to invest, how much is the minimum investment to join?
Why have you decided to be an anonymous team of veteran investors and developers, what are the risks of identifying yourself to the community, how can you help empower your community and make it easier than ever to earn passive income from crypto?
I can see that Dappy is still at it’s early stage,but I noticed that you don’t have a roadmap that will enable users know what you will be featuring in your platform.So can you tell us what you will be achieving this year 2022 or next?How about partnership with other firms,do you have any partners currently supporting the Dappy until it’s fully developed,any fundraise yet?Will Dappy also consider venturing into NFTs in the future?Please explain Thanks
Well it got to my noticed that,as a pool owner,there are some certain advantages to it inwhich one of them is the owner fees.well from my observations,I discovered that pool owners, can set there own owner fees for investment.can you please enlighten us more on this field like what is the meaning of owner fees what is it use for,how can we set the owner fees for investors.furethemore,by setting the owner fees,of what advantage would it be to a user interms of investment.
Hello sir well I discovered that,you have a hedge ratio system which enables usesrs,to determine what portion of pooled funs,will remain locked in contract versus.please how does this works,how can we users use this particular feature,to set a ratio of pooled funds does it have any laid down requirements before we can use, and also,what is the advantage of setting a pooled fun, and of what benefits would it bring to a user,
Dappy offer the possibility of let user create their own pools without write a single line of code, that impressive, but do we still have access to the code of the pool? Can you explain us how do you ensure that the owner of the pool is the user and not you?
According with your documents , dappy offer a solution anti-Ponzi, so can you please explain us how it works your Protonomics ? How do you prevent that this scammers get away with it?
On the one hand, you have stated that Dappy is the first ever protocol that allows users to create their own dapps (dappy pools). On the other hand, it has been mentioned that Dappy pools are smart and sustainable, offering a viable place to park crypto for the long term. If Dappy allows anyone to create own pools, how do you ensure the security of those pools and introduce them as secure places for long term investments? What is your responsibility regarding the pools created by users? Please briefly explain about the reasons for introducing this concept.
According to the hoarding penalty, we’ll incur a 10% reduction of the daily reward rate for every day that passes without action. I read that this reduction is automatically reversed any time that we invest, compound or withdraw. Does this mean that we have to perform an action every day? Is it practical? Please deeply explain about the rules and regulations related to this penalty? What is the benefit of the availability of this penalty? Further, I am curious to know whether hoarding penalty is only relevant for users who choose the hoarding strategy.
Your platform is open for both investors and creators? Can a single person be an investor and a creator at the same time? If yes, can I be a creator, earn money from pools, and invest that money as an investor? Please elaborate more on the opportunities available on Dappy for investors and creators. As you have mentioned, Dappy is the only platform that allows to create own pools. That is a unique benefit for creators. However, why should investors choose Dappy?
Is adding liquidity to pools the only way of investing on Dappy? What are the minimum and maximum amount to invest, and the estimated rewards?
Dappy platform was built by an anonymous team according to the documents. What is the reason for being as anonymous? Do you have any kind of advantages by staying anonymous? But I’m sure that new users of Dappy ecosystem will be glad to know the background of the team. So, Can you give atleast brief description about the background of your team in Blockchain industry? Also tell us how will you maintain the transparency within Dappy community while you are following anonomity? Will you convince them that you are here to stay, Not to be rug-pulled?
Dappy protocol is consisted with two Penalties called overdraw penalty & Hoarding penalty. Actually, I would like to know more about these kind of penalties. What the main differences between these two Penalties? How will these penalties involve within Dappy ecosystem & Governance module? In which way will the both penalties affect on user daily rewards & incurred reduction fees? Please explain us about the importance of this penalty system within Dappy platform?
Using By Dappy tools, Creators can create own their pools without any codes. So, How much should I have in my wallet to create my own pool? Will I able to use $BNB to create a pool? Btw, please explain about the core mechanism of Pool creation & their important facts? And also, After investors invested their money in to the pool which one user created, will He or She able to extract whole the amount of pool fund since that user is the owner?
As Dappy pools employ a system of penalties which are the Overdraw Penalty and Hoarding Penalty so could you explain to us in more details about this two penalties? How much would be the percentage of penalties be accumulated to client’s loan? Does this penalties are applicable to all of your clients or it is only for specific clients? What is the different between this two penalties? Why does your platform needs to charge this penalties to your clients? Any pros and cons of this penalties may bring to your platform and to your users? Thank you
By reading through your doc i can’t help but wonder
1-are you people planning to partner with other projects ? And what projects ?
2- any plans to recruit more people to your project to work for you ?
Am curious about how safe your project will be for investors especially with the current trends of hacks and theft in the crypto world
How safe is your project ?
Hello. Great project I must say but while reading about Dappy I came across this statement:
“Who created Dappy?
Dappy is created by an anonymous team of veteran investors and developers.”
As an investor I try as much as I can to know where and with whom I put my money and who are their partners and backers so when I see something like this I take it as a red flag. So I would like a clarification so as to understand the statement above.
Do you guys have a time frame when the DAO is going to be there or is that not on the cards yet?
Has Dappy been launched?
How can users participate in Dappy
Can I see Dappy’s road map?
How can Users get the Dappy token?
What is dappy plan for the future?
Hello Team Dappy, Greetings. I found that most of the developers of the DAPPY (whoever joined till date) are also having their own project. So, how crucial is that they are focusing seriously working on their DAPPY project as well. Most probably, they are promoting and concentrating on their own project first. As a community, how DAPPY dapp protects investor’s interest.
Dappy team, thanks for this AMA – What you think about AUDITING the main contract of DAPPY? Second aspect, do you do DOXED document check up of the developers/owners who enter in the DAPPY, because this is more important to build confidence. Like now, you are collecting email address and TG id.