AMA Satoshi Club x NFT Alley, May 6th

We are pleased to announce our next AMA on May 6th 2021 at 01:00 PM UTC Time: Satoshi Club x NFT Alley

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

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

Part 3: 300$ – A quiz about NFT Alley

For more details:
NFT Alley Website – nftalley.io
NFT Alley Telegram – @nftalley
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

SafeEarth x Satoshi Club AMA Recap from 28th of April

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from SafeEarth and our guests were @TheCryptoMartian @popelit @KenSafeEarth. The AMA took place on 28 April.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

In this AMA Recap we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram community

Mary | Satoshi Club: Hello Satoshi Club! We are happy to announce our AMA session with SafeEarth! Welcome to Satoshi Club😀

D. | Satoshi Club: today our guests  – @TheCryptoMartian @popelit @KenSafeEarth !

welcome to Satoshi Club guys!

Ken SafeEarth – SafeMars CEO (won’t DM first): Hello everyone 🙂

The Martian (i will NOT dm you first, if so it’s a scammer): Hello world! Thanks for having us 😘

Mary | Satoshi Club: Hello guys 😊 Welcome to Satoshi Club! how’s going?

Ken SafeEarth – SafeMars CEO (won’t DM first): For those of you who don’t know us, we are SafeEarth it’s great to be a part of the Satoshi Club and are here to answer any questions you may have about us 🙂

The Martian (i will NOT dm you first, if so it’s a scammer): Stoked to be here to tell you about us

Mary | Satoshi Club: And we want to know as much as possible 😉

So🚀🚀🚀

Let’s start with intro 👍

Could you please introduce yourself and tell us more about SafeEarth?😉

Ken SafeEarth – SafeMars CEO (won’t DM first): SafeEarth – we are the same team behind SafeMars –  Yesterday we marked a big milestone in the SafeEarth planner. We are officially 1 month old.

Mary | Satoshi Club: Happy birthday 🎉💐

D. | Satoshi Club: okay, so what is SafeMars then 😄

Ken SafeEarth – SafeMars CEO (won’t DM first): My name is Ken and I’m the CEO 🙂 nice to meet  everyone here at the Satoshi Club! Thank you again for having us

We are a Autonomous yield and liquidity generation protocol. Simply hold SAFEEARTH in your wallet and you will get more. On each transaction the protocol automatically distributes rewards to holders as well as auto-locks liquidity forever.

The Martian (i will NOT dm you first, if so it’s a scammer): I’m the original developer of SafeEarth (and SafeMars shortly before it). In the meantime I’m happy to say we’re 15 people, devs, marketing, admin, not to mention the army of tireless mods in our groups 😜

Mary | Satoshi Club: How long are you in crypto, Ken?😀

Ken SafeEarth – SafeMars CEO (won’t DM first): Me since about 2014 🙂

The Martian (i will NOT dm you first, if so it’s a scammer): So, we have two tokens:

– SafeMars: on Binance Smart Chain (BSC)

– SafeEarth: on Ethereum (ETH)

We call them “sister” tokens. Even though today’s AMA is about SafeEarth, feel free to ask SafeMars questions as well if you have them.

Mary | Satoshi Club: 👍

Ken SafeEarth – SafeMars CEO (won’t DM first): SafeEarth is programmed to reward holders while increasing in both liquidity and value. It does this by applying a 4% tax on transactions.

D. | Satoshi Club: 15 people are lot, for the young project, when your team was formed?

Mary | Satoshi Club: Yes, that’s nice👍 good incentive

Ken SafeEarth – SafeMars CEO (won’t DM first): part of that tax is used as follows:

1% goes to holders (instantly without fees) 😁

The Martian (i will NOT dm you first, if so it’s a scammer): It still amazes me how the team came together organically. I started myself and right after launch several people expressed interest to contribute. I basically took everyone on board: some were devs, some were mods, some were videographers, some marketing people. Even though we didn’t do any “interviews” 😊 absolutely everyone on the team is awesome! I think by the second week we more or less had the team we have now, with just 1-2 people joining after.

Ken SafeEarth – SafeMars CEO (won’t DM first): 1% is locked into liquidity forever(allows trading)

Mary | Satoshi Club: I have one question – if your coin is programmed to reward holders, why should they make transactions?😀 If everyone will hold and any transactions will happened what then?

Ken SafeEarth – SafeMars CEO (won’t DM first): That’s a very good question but part of the tax is also used for the following reasons, I have explained above the 2%

another 1% of that goes towards the Earth Fund.

SafeEarth’s incentive is to help our planet and all those who live in it, by trading our token holders are also donating to charity to make the world a better place for us all

I won’t give the total amount we have donated just yet as that’s part of the quiz to come

The Martian (i will NOT dm you first, if so it’s a scammer): To add to what Ken said. I think that even though we incentivize holding, people will always trade. To get holder rewards you have to buy in the first place, the more people buy the more some holders will take profit, then the cycle repeats.

This cycle is good for everyone: holders, sellers, charity donations and project funds for marketing 😜

Mary | Satoshi Club: Sure! But i think it’s like “those who read AMA carefully will perfectly answer Quiz”😀

Yes, i got this👍

Thank you for your intro, guys!

Ready to start with the questions from our community?😀

Ken SafeEarth – SafeMars CEO (won’t DM first): and the last 1% of the tax is spent on outreach and marketing!

Sure thing 🙂

Q1 from Telegram user @victorogb

SafeEarth is a pretty new project officially launched on the 27th of March 2021, and in that short time frame (approximately a month), it has successfully supported a foremost charity programme and raised close to $200,000. This is really an astronomical feat by all standards. I will glady like to know how SafeEarth was able to achieve this within such a short period after launch and going forward, how will SafeEarth maximise the enormous potentials of her growing community in building a safer and better planet?

Ken SafeEarth – SafeMars CEO (won’t DM first): Yes we are just 1 month old, in that short space of time we have achieved this though our amazing community. Growing the community and becoming more recognised in the charity sector is what we main to be. We will maximise our potential by getting directly involved with charities and completing projects with individuals to help communities. For example: We have now started to do some work with The Water project to build some wells in parts of Africa. This was all possible to our community and our holders who trade our token

The Martian (i will NOT dm you first, if so it’s a scammer): Just a mention from my side: we donated almost $200k so far and in the meantime the EarthFund (as we call it) accrued almost that amount again (at today’s ETH price) which means our next donation will be at least $200k (most likely more by the time we do it), bigger than both our two previous rounds together 🎉

Mary | Satoshi Club: Btw, i want to ask if you had a charity experience before?

Incredible numbers! 🎉

Ken SafeEarth – SafeMars CEO (won’t DM first):I have done volunteer work before yes in the UK 🙂 I love giving back to the community and with SafeEarth I honestly believe we can  make the planet a better place for us all 🙂 – As the Martian pointed out those numbers are amazing 🙂

Mary | Satoshi Club: How legit will be this donations? As i know not all charity funds accept crypto😀

The Martian (i will NOT dm you first, if so it’s a scammer): On a personal note: our last donation round was done live on telegram with representatives from the charities coming in and saying some words about what they do and how this money impacts and helps. It was an incredibly emotional and satisfying moment to be able to be part of that. I invite everyone to join us for the next one ☺️

Mary | Satoshi Club: Sure, i can only imagine 😀 hope i won’t be late to see how your next round will go!

Ken SafeEarth – SafeMars CEO (won’t DM first): Whilst not all charities currently accept crypto you would be surprised how many of them are now starting to do so. Its because of projects like ours they are starting to do so. All our donations are done live on our Telegram group. In the near distant future we hope to do them by live video streamed on our YouTube Channel

The Martian (i will NOT dm you first, if so it’s a scammer): All charities we donated to so far accepted crypto. The bigger ones even have a way to do it directly on their website, the smaller ones have a donation wallet. Most take anonymous donations. For those that don’t, members of our team that are public donated from our funds. All transactions are public on the blockchain and links can be found on safeearthcrypto.com 😜

Mary | Satoshi Club: Awesome 👏👏👏 we got a lot of new info!

Thank you for your answers! Ready to proceed?🚀

Ken SafeEarth – SafeMars CEO (won’t DM first): Always 🙂

Q2 from Telegram user @pixma00

How are the charities selected to which the money will be donated? How are the various donations distributed? In the case of active tokens, will the Hodlers have to pay any gas fees to get their rewards? Under which chain do your transactions operate?

Ken SafeEarth – SafeMars CEO (won’t DM first): We have currently done 2 donations, Our first donation was chosen by the popular vote of our community. this was a at the time a $100k Donation which was sent to TheOceanCleanUp. For our second round of donations that happened on Earth Day – we decided to split the funds and reward 4 different charities. These Charities were chosen by the wider community and discussions in our official Telegram Group. Holders do not pay any gas fees to get their rewards as 1% goes back to holders instantly and without fees. We operate only under the Ethereum blockchain and UniSwap

The Martian (i will NOT dm you first, if so it’s a scammer): To clarify: there is a SCAM SafeEarth token on BSC. Has no relation with us, DO NOT BUY!

Mary | Satoshi Club: That’s important 📌

D. | Satoshi Club: good info! thanks!

Ken SafeEarth – SafeMars CEO (won’t DM first): Our Earth fund has accumulated another 70 Ethereum which will be donated again soon to charities. We will be releasing further information on our social media channels regarding our next donation 🙂

Mary | Satoshi Club: So, you will continue to vote in your tg group or may be you are thinking to create another voting system?

Huge amounts! Incredible!

Ken SafeEarth – SafeMars CEO (won’t DM first): At the moment yes we will be allowing the community to present ideas regarding charities and then put it to a vote 🙂

It is amazing 🙂 we have come such a long way in just a month and we have such a long way to go!

Mary | Satoshi Club: 👏

Thank you for your answers, guys! Ready to jump to the next question?😉

Ken SafeEarth – SafeMars CEO (won’t DM first): Please, proceed 🙂

Q3 from Telegram user   @yellowchamp

I heard about SafeMoon ,SafeMars projects already in the market and now we have SafeEarth. So my question is, does SafeEarth have any connection with those mention projects? As many coins or tokens in the market that shows a good impression at first but as time goes by they have been rugged even many holders already, so how can we trust and believe that $SAFEEARTH will be a great project and a good investment for a long run? Thank you

D. | Satoshi Club: so we have heard about SafeMars already, what about SafeMoon? 😄

The Martian (i will NOT dm you first, if so it’s a scammer): We have no relationship with other SafeX projects, only SafeMars and SafeEarth.

As far as the “safe” part goes, we technically cannot rug:

– liquidity is locked on team finance (all transactions public)

– as more liquidity is auto-generated by our smart contract we lock it as well (every couple days)

– we’ve been audited by Hacken (audit available on safeearthcrypto.com)

– and last but not least….the fact that we’ve donated almost $200k to charity and are about to donate at least $200k more should speak for itself

We’re in this for the long run 😜

D. | Satoshi Club: do you have any strategy on bear market? it will come sooner or later, do you already discussed with the team, how you will be survive?

Mary | Satoshi Club: That’s great, team finance is a good choice! What about smart contract audit?

The Martian (i will NOT dm you first, if so it’s a scammer): You can download it here: https://safeearthcrypto.com/pdf/SafeEarth_SC_Audit_Report.pdf/

Mary | Satoshi Club: No issues! Great job👏

The Martian (i will NOT dm you first, if so it’s a scammer): We always plan for a rainy day. 1% of transactions goes towards our marketing fund and should the bear market come, we’re ready to use a part of that for further development. However, we’d probably have a community vote. It was the community actually who voted to use 1% for marketing 😜

Ken SafeEarth – SafeMars CEO (won’t DM first): We have a few things up our sleeve, pushing harder than ever with marketing from our fund and providing the community with personal updates from myself. There is always light at the end of the tunnel if things do go that way. We are a very strong and dedicated team 🙂

It seems my touch typing skills are not up to the Martians 🙂

D. | Satoshi Club: [ 💪 Sticker ]

thank you guys for answers! 😊

ready for the next question?

Ken SafeEarth – SafeMars CEO (won’t DM first): Sure thing 🙂

Q4 from Telegram user @meml97

It came to my attention on your roadmap that for Q2 2021 you have “Community votes, events and competitions”. Can you tell us more about this? On what will users be able to vote at that time, and how? Also, can you share more about those events and competitions? What will they going to be about and what will SafeEarth and its users get from both things?

Ken SafeEarth – SafeMars CEO (won’t DM first): Absolutely! On our second donation, we had a live music event streamed for our holders live on our website.  We always what’s best for the community and in order to do, we allow everyone to share their opinions and come forward to us on how we can make SafeEarth a better, stronger community

Furthermore…

We have already had our first challenge, The Plastic Challenge in which we handed out over $3600 worth of tokens just for collecting and recycling plastic

In the future we hope to have even bigger competitions with even bigger prices for completing tasks that help our communities and our planet.

D. | Satoshi Club: so for the process of voting, i want clarify, to be able to vote person should hold some amount of your tokens?

Mary | Satoshi Club: Creative and important event👍

Ken SafeEarth – SafeMars CEO (won’t DM first): In terms of voting for the donations, we have a personal vote in our Telegram group and then a public vote on twitter.

But we encourage all people that vote to be holders, our first vote was public on twitter so technically no you wouldn’t have to hold tokens to vote. But this may change at a later date.

Mary | Satoshi Club: Awesome! Great job, guys, don’t stop! 😀 do you want to add something or we can go to the next question?

Ken SafeEarth – SafeMars CEO (won’t DM first): Do proceed 🙂

Q5 from Telegram user @Winner_don

On dexguru, i saw two variant of SafeEarth; the erc and another BSC. Also, on pancakeswap, if you search SafeEarth, you wil see SafeEarth token. I know SafeEarth to be available only on Uniswap but seeing SafeEarth on Pancakeswap made me confused. I want to ask if the Safeearth on BSC is legit? Also, i bought some on BSC and notice the price far lower than the one on ERC-20. What can you say about the Safeearth on the BSC network? The trading volume is over $1000.

D. | Satoshi Club: we already touched this question today

The Martian (i will NOT dm you first, if so it’s a scammer): The one on BSC is a scam, do not buy.

D. | Satoshi Club: any plans to launch official token on BSC?

The Martian (i will NOT dm you first, if so it’s a scammer): Yes, SafeMars 😜

Ken SafeEarth – SafeMars CEO (won’t DM first): the BSC Token is A SCAM PLEASE DO NOT BUY – We only trade on the Ethereum chain as The Martian pointed out 🙂

D. | Satoshi Club: 😉 gotcha😄

Mary | Satoshi Club: What is SafeMars project about? Which goals it has?

D. | Satoshi Club: i think this is a part of decentralization as well, that anyone can create scam token with a similar name on other platform. tough to solve this issue at the moment 🤷

Mary | Satoshi Club: Scammers never sleep

Ken SafeEarth – SafeMars CEO (won’t DM first): to find out more about SafeMars you can visit our website at www.safemarscrypto.com 🙂  we currently have 350k holders and I’m positive SafeEarth will follow its its footsteps

D. | Satoshi Club: insane amount of holders 👍

The Martian (i will NOT dm you first, if so it’s a scammer): SafeMars is our first project. It’s on BSC and we like to say “we pay you to hold” 😊 Basically you hold SafeMars and as people transact you get more automatically in your wallet.

As it gained traction quite well, the trading volume is high so it really “pays” to hold it.

Another component is the auto-liquidity generation, same as SafeEarth, but dialed up 1%, so 2% of each transaction gets automatically added to liquidity. Our current liquidity is at $13 million.

Ken SafeEarth – SafeMars CEO (won’t DM first): It is indeed very sad..its not something we can control. What we can do is spread awareness, use our strong community to report their fake channels so that people don’t get scammed.

D. | Satoshi Club: that’s right 💪

Mary | Satoshi Club: Yes, i see😀 you even plan NFT farming soon! Very interesting project

Thank you for your answers! Ready for the 6th and last question from this part?😉

D. | Satoshi Club: good question for the second part, so Satoshi clubbers this is your chance to ask them about NFTs😄

Mary | Satoshi Club: You’re good in hints😉

Ken SafeEarth – SafeMars CEO (won’t DM first): yes  please 🙂

Q6 from Telegram user @kimzyemma

In your roadmap, you stated there that FURTHER PARTNERSHIP in Q2 2021, I haven’t seen or read about any of your partnership at all. Since you said further partnership in second quarter, that shows you have partnered with some which are not listed on your website. The community will be interested in knowing companies SAFEEARTH has partnered with.

Ken SafeEarth – SafeMars CEO (won’t DM first): We are always expanding our team the people we are working with. We will be partnering up with some of our previous  charities that we have worked with as well as expanding into other advertising ventures such as TV. This is all in the pipeline to expand SafeEarth into the wider non crypto related community.

The Martian (i will NOT dm you first, if so it’s a scammer): Good point. Our website is constantly being updated. We have several partnerships in the works. I can’t reveal too much but they go along the following lines:

1. Partnerships with charities. This would mean we donate to them regularly (not the whole donation amount of course, we want to always donate to new ones as well) and work closely together where they also give back updates how the money is spent so we can keep the community up to date.

2. Technical partnerships: for example for SafeMars we partnered with The Token Kennel for staking and Degenr for NFT mining. We aim to do something similar for SafeEarth.

3. Marketing partnerships: as Ken said we aim to make SafeEarth known to the general public (also outside of crypto) and for that we’re going to partner with some well known influencers, media outlets as well as the electronic music scene 😜

Also to mention: we’re always open for new ideas and feedback. If you want to partner with us or know someone who does, please do reach out.

Mary | Satoshi Club: Fantastic speed😀 we will follow your updates and will be waiting for new partnerships announcments👍

Part 2 — live questions from the Telegram community

Q1 from telegram username @Josichams

What motivated you to carry out this project and include saving the planet🌍?

 SafeMars CEO (won’t DM first): Helping others has always been a passion of mine. Everyone should have the access to clean water and basic needs which sadly not many of us do. Hopefully with SafeEarth we can make a BIG change.

The Martian (i will NOT dm you first, if so it’s a scammer): I’m going to coalesce several questions into one answer:

– where to find the real token to make sure I don’t buy the fake one?

– which charities did you donate to and where is the evidence?

– do you have any project to help water shortage in Africa?

– what % is given to donations?

Please go to safeearthcrypto.com and you will find the answers to all of these questions there, in far greater detail than I could write here.

Q2 from telegram username @amozee77

When will Safe Earth token be listed on any exchange?

The Martian (i will NOT dm you first, if so it’s a scammer): We will list on BitMart. Target is the next 1-2 weeks.

Q3 from telegram username @cindy_crypto

How is it possible to distribute tokens to token holders? I mean if I hold your token and you distribute to the holders, will my tokens number increase?

SafeMars CEO (won’t DM first): The genius tokenomics uses the same tax mechanism to reward holders, feed the Earth Fund, pay for marketing, and drive deflation of the token’s supply, increasing its scarcity and thus its value. 1% of each transaction will go back to holders without any fees. (no gas fees)

Q4 from telegram username @Manugotsuka

⭕️ Considering that Safe Earth was made to help others, how do you generate your own profits to keep growing everyday ? In other words, who help you?

The Martian (i will NOT dm you first, if so it’s a scammer): 1% of each transaction goes towards a marketing fund. This helps us finance our work.

Q5 from telegram username @boradam

You told us there is SCAM SafeEarth token on BSC. I’m worried to buy the fake one. How can I find the real version?

The Martian (i will NOT dm you first, if so it’s a scammer): Always on safeearthcrypto.com

Q6 from telegram username @Ambbobb

You said another 1% of that goes towards the Earth Fund. What is Earth fund and its purpose?

The Martian (i will NOT dm you first, if so it’s a scammer): EarthFund is the name we gave our wallet which accrues 2% of taxes:

– 1% will go to donations

– 1% will be used for marketing and project development

Q7 from telegram username @Mamitabella

Your token has Burning about how often?

SafeMars CEO (won’t DM first): We burned over 50% of the total supply during our launch, sending these tokens to our black hole address. This address continues to receive its share of the 1% distributed to holders from each transaction, constantly removing more tokens from circulation. With no limit to this burn, the black hole continues to grow, ever-increasing the scarcity of SafeEarth.

Q8 from telegram username @JoanaZ

️ How do you select the charities that the platform R? There is needed pass a filter to prevent scammers?

The Martian (i will NOT dm you first, if so it’s a scammer): Good question. We sadly had A LOT of scammers trying to get donations. It’s sad, but true, that some people would scam money destined to save children or provide water to people not having access to it.

We check each charity and TALK TO THEM on the phone! During our last donation round we even had representatives from the charities join us live on telegram to share their mission.

Of course, none of thes checks is absolute, so we also rely on the community to help us out by suggesting legit charities to donate to in the first place and also checking the ones we chose.

Q9 from telegram username @KhaleesiTheCryptoLady

How will SafeEarth save our mother Earth from disasters created by humans? Do you support charities that aims to save mother Earth? 😊

SafeMars CEO (won’t DM first): This is the reason we exist 🙂 if you have any charities you would like us to support in the future that are aiming to help our planet, please do let us know! Saving the planet though investment.

Q10 from telegram username @Hukaeabc

Would you agree with everyone that community is everything? How important is the community to you? How can we collaborate or help you to develop the project?

The Martian (i will NOT dm you first, if so it’s a scammer): Yes, we completely agree. Both SafeEarth and SafeMars are community project. That is: there is a core team working on them, but we can’t do it alone, we need everyone’s help.

How can you help? There are many ways:

– you can spread the word about the project, what it does and what its mission is

– you can join our telegram channels and help with any ongoing events (such as votes in various places to make us known)

– you can research charities and suggest them to us

– if you’re a developer you can help with development (just today someone from the community launched an awesome WearOS clock face 😊)

– and of course any ideas you might have! Share with us, the team will help wherever we can.

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Telegram: https://t.me/SafeEarthETH/

Twitter: https://twitter.com/SafeEarthETH/

AMA Satoshi Club x TrustPad, May 4th

We are pleased to announce our next AMA on May 4th 2021 at 01:00 PM UTC Time: Satoshi Club x TrustPad

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

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

Part 3: 300$ – A quiz about TrustPad

For more details:
TrustPad Website – trustpad.io
TrustPad Telegram – @TrustPad
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Statera x Satoshi Club AMA Recap from 27th of April

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Statera and our guest was @derelick and @Tranq93 – representatives of Statera. The AMA took place on 27 April.

The total reward pool was 500$ and has been split into 3 parts.

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Website

Andrés M. | Satoshi Club:
Hello dear community, we close our amazing AMArathon today with an incredible project, our friends from Statera are here 😁

G C:
Thanks for having us!

Andrés M. | Satoshi Club:
@derelick @Tranq93 welcome to Satoshi Club

Aby:
Hello, thanks for having us.

Andrés M. | Satoshi Club:
How is going your day guys?

Paul Mont | Satoshi Club:
Hello guys! Great to have you here! 🎉

G C:
Going well so far! Early morning here

Aby:
Going very well.

Paul Mont | Satoshi Club:
Welcome to Satoshi Club! 😊

Andrés M. | Satoshi Club:
I’m happy to introduce you our new AMA moderator, welcome Paul🥳

Paul Mont | Satoshi Club:
Thanks, mate, I’m truly humbled and honored to co-host this amazing AMA with you 🙂

And super excited to hear more about STATERA! 😊

Andrés M. | Satoshi Club:
@derelick @Tranq93 have been some months ago since you held AMA session with us, what is new in the Statera Ecosystem?

Aby:
Yes, its been a while since the last AMA. Since then we have new Pools on Balancer, we are on multiple blockchains (Eth, BSC and FTM), launched wrapped STA.

G C:
A lot! For a quick overview for those new to Statera, it is best described as a deflationary bitcoin, instead of Bitcoin’s slightly inflationary to stagnant supply our supply is constantly deflating (lessening). This downward pressure on supply creates an upward pressure on value, creating an even sounder unit of account than Bitcoin. A few upgrades we’ve had since our last AMA:

  1. wrapped STA for more universal use
  2. New balancer pools for more diversity
  3. Launching on BSC and Fantom
  4. Launching bridges for each of those ecosystems
  5. Launching our Dashboard to track all your statera holdings

Andrés M. | Satoshi Club:
The project is growing so fast, congratulations👏

Btw, could you tell us more about you? how do you get involved in crypto and what is your position in Statera?

Paul Mont | Satoshi Club:
Wow, you’ve been down to work, great job guys! 😄

Aby:
I got interested in crypto somewhere around 2013 but only since last year I have been to be actively part of the crypto communities. I’m currently a volunteer member of the Statera core team and do market research and coordination work for STA.

Andrés M. | Satoshi Club:
Great achievements, it is impressive what you have achieved in a few months

G C:
I joined the statera community in June and supported in writing the whitepaper, community managament, and ecosystem support. All team members are community members first, Statera is a community driven project think more Bitcoin less ADA or Tron. The goal is to become the premier and go to deflationary asset in crypto. Bitcoin: Inflationary, AMPL: elastic, Statera: deflationary. All levels of assets/money monetary policies that you would want.

Andrés M. | Satoshi Club:
What did you do before joining Statera?

Paul Mont | Satoshi Club:
By the way, I’ve read that Statera was born as a 100% community-backed project, is that right?

G C:
Yes it is an immutable contract and had a bootstrapped and decentralized launch, it had a highly decentralized beginning. At nearly all times in it history no one wallet had more than 5% of supply, at least for the history I saw!

Currently, if you go to etherscan you will see it is highly decentralized, more decentralized than Bitcoin itself actually!

Aby:
Before Statera, I was just an investor.
After seeing Statera and its capability as a perfect deflationary token I thought I would volunteer to help the project.

Paul Mont | Satoshi Club:
Amazing! 🙏

Andrés M. | Satoshi Club:
Well guys, thank you so much for this great introduction, we hope to know much more about the latest milestones of Statera in this AMA

We have collected some community questions, are you ready to proceed?

G C:
let’s do it!

Aby:
Yeah, let’s go!

Q1 from Telegram user @NataliyaKil
AMA with you for me was one of the first in the Satoshi Club. And I remember that at that time Statera Portfolio Options had 2 investment options:

  1. This is a Phoenix fund that allowed holding 4 top cryptocurrencies with the addition of Statera to reduce volatility and increase profits.
  2. And investments in Ethereum and Statera.
    So what has changed during this time? And portfolio management is still automatic and free?

Paul Mont | Satoshi Club:
I am very fond of detailed questions like these 😀

Andrés M. | Satoshi Club:
Let’s wait for a detailed answer as well 😁

G C:
We now have a lot of portfolio options:
STA/ETH – a big bet on ETH and STA
WSTA/ETH – a big bet on ETH and STA
STA/WSTA – a big bet on just STA that gives you APY
WSTA/ETH/wBTC/SNX/LINK – a balanced blue chip fund
WSTA/ETH/YFI/UNI/AAVE/FRY – a higher risk blue chip and small cap fund
WSTA/USDC/DAI/ETH – the lowest risk fund

There is no management fee and the rebalancing is all automatic!

though you do need to understand impermanent loss which is a feature of all liquidity pools and can generate a loss, though that loss can be more than made up for in the fees you earn. Instead of a management fee, you get paid to hold the assets! DeFi at it’s best

Aby:
The Phoenix fund has been modified to replace Wrapped STA instead of STA as balancer had issues with deflationary tokens.
We also have 3 more new pools (High-Risk Fund which has lots of DeFi coins, Low-Risk Fund which has stable coins and Infinity Pool which has STA/wSTA)

The Balancer pool portfolio is balanced by Balancer automatically due to arbitrage opportunities

Andrés M. | Satoshi Club:
Which of them do you recommend personally?

Paul Mont | Satoshi Club:
Sounds great, as users get to have so much diversified choice with so many options.

G C:
We’re in a bull run so the balanced blue chip would be my pick, but if you see the bear market coming (hopefully not for many more months to come) shifting to the low risk fund would be a smart move.

Andrés M. | Satoshi Club:
Will be another pool in the near future? or do you want to remain those?

G C:
If you just want a low cap moonshot, WSTA/STA is a great pick too, you’re only holding STA but getting free APY on top!

That’s the greatness of decentralization anyone can create new funds with WSTA and we have seen the community create others, so there will always be more ideas and new ways to use STA. Anywhere you want to insert deflation and get it’s benefits you can put in STA.

Aby:
We are looking for possibilities of having more pools in other DEXs as well, in fact one of our team member is experimenting with one now.

Andrés M. | Satoshi Club:
Thank you for the advice, I completely agree with you. Btw do you have some guides that clearly explain how to use each of the pools? For some users it can be confusing the first time they use it.

G C:
Not yet but they are in the works, it is the same process as using Balancer so just search for balancer how to videos, also the dashboard is a great way to quickly access the ecosystem: https://dashboard.stateratoken.com/sta

Paul Mont | Satoshi Club:
Also guys, I recall the DELTA token being mentioned in your previous AMA with Satosh Club, but found no information on the V2.0 whitepaper. Is it still actual?

Aby:
Delta pool is defunct now

G C:
WSTA has replaced Delta as a more elegant solution, rather than wrapping Eth and STA we just wrap STA now.

Paul Mont | Satoshi Club:
Thank you for the clear answers 🙂 Shall move onto the next question?

G C:
Sounds good.

Andrés M. | Satoshi Club:
Thank you so much for the answers guys

Q2 from Telegram user @alberto_vzla
Statera uses a smart contracts portfolio manager to control the liquidity pools, how does this portfolio manager work and how does its decisions influence each liquidity pool maintaining the security and order of the platform?

Aby:
STA uses its deflationary mechanism to cause arbitrage opportunities. Our pools are held on various AMMs, since there is a 1% burn on every STA transaction this causes an arbitrage opportunity and help balance the portfolio across the pools. All our pools are held on well audited platforms which should mean it is highly secure.

G C:
The “manager” is Balancer, it uses your assets to provide liquidity to different dexes, every trade allows it to rebalance the portfolio to keep it weighted correctly (50/50, 25/25/25/25, etc.). Each time your pool is used the fee a user pays goes to you as the liquidity provider. Balancer, Uniswap, and other dexes all run on this same technology and have billions of dollars in assets under management, there have been small hacks here and there, but if there was a way to hack it at this point it would be done as the pay off is ginormous.

Paul Mont | Satoshi Club:
So the 1% burn occurs both ways, right? Either when you wrap STA for wSTA and backwards?

G C:
Correct, every time you move STA a burn happens.

Paul Mont | Satoshi Club:
It seems to me that create very interesting arbitrage mechanisms 🔝

By the way, I have another small curiosity to satisfy. Why has the TItan fund been dubbed “STANOS”?

Aby:
Yes, the community likes to call it Stanos.

Andrés M. | Satoshi Club:
So, the funds are SAFU, right? I have read about a recent partnership between Statera and Hacken.io, which benefits it provides to your platform?

Paul Mont | Satoshi Club:
It sounds epic 😉

G C:
Because it is constantly burning STA, like Stanos “burned” half the universe, it also keeps everything perfectly balanced, rebalancing the portfolio, so it works on multiple levels

Statera itself is audited and completely safe, it is an immutable contract so it can’t be upgraded changed or attacked in anyway. The platforms we are on: balancer, uniswap, pancake swap, etc. are also all audited and been shown to be highly secure

Andrés M. | Satoshi Club:
So, do you think Thanos had reason? 🤔

Paul Mont | Satoshi Club:
You can be proud of your supporter’s imagination, I love the nickname and the meme!

G C:
A reason, yes, did his reason justify the means? We’d need a longer form AMA for that discussion, lol.

Andrés M. | Satoshi Club:
Great job, it brings safety to the users, thanks for the clarification, would you like to add something before the next question?

G C:
I’m good to move on to the next

Aby:
Yes, our community members have created some of the best memes in crypto.

Andrés M. | Satoshi Club:
Completely agree haha a full AMA session to discuss it

Please share us some of them

Q3 from Telegram user @mm_carlos
Statera says its deflationary aspect depends only on volume and this can lead to higher rates. How is this deflationary characteristic activated around the behavior of volume and why do rates react in this way?

Aby:
Some of my fav memes created by our community members.

Paul Mont | Satoshi Club:
Really, I’m in awe now 🤩

G C:
Volume means that trades are happening on exchanges, every trade creates a 1% deflationary event, if I buy 100 STA, 1 STA is burned. The more volume, the more trades, the more deflation. But to add to that, the deflation changes supply on the open market and in the pools which can force more rebalancing to happen, which forces more deflation to happen, so it becomes a self feeding loop

Andrés M. | Satoshi Club:
Haha 🤣💪 amazing

And what about wSTA, what are the benefits it brings to the users?

Aby:
wSTA enabled users to pool STA indirectly on protocols that don’t support deflationary tokens.

G C:
Some protocols can’t handle deflation, it messes with their smart contract or can be exploited on their platform. WSTA allows STA to be put into any DeFi protocol anywhere, and every time you create or destroy WSTA to use it somewhere STA is still burned.

Andrés M. | Satoshi Club:
Like which?

Aby:
Balancer.

Andrés M. | Satoshi Club:
Thank you for the clarification. Now, I would like to ask which is the next big step in your roadmap?

Aby:
A revamped dashboard and marketing push is next on our roadmap.

Paul Mont | Satoshi Club:
By the way, is interoperability part of your future rodamap milestones as well?

G C:
A big focus is growing the ecosystem and userbase, an easier to access dashboard and marketing are part of that. As our traction increases we hope to be included in more defi platforms like loans and leveraged yield farming and we are actively talking to many partners to continue to grow our defi footprint

In what sense? WSTA is a big step in interoperability as it allows us to have STA anywhere

Paul Mont | Satoshi Club:
Right, thanks for the clarification guys 😁

Andrés M. | Satoshi Club:
Well, are you ready to know the next question? 😁🥳

G C:
Let’s do it!

Q4 from Telegram user @Cleotilde1
Statera has a very unique algorithm that destroys 1% of the amount traded for each transaction, why is it essential to only destroy 1% and not another percentage and what stability does this generate for STA?

Aby:
1% was chosen by the founder of STA, having a higher burn percentage increases the slippage which is not ideal for trading, having a lower burn percentage also lowers arbitrage opportunities which in turn lowers trading volume.

G C:
The goal is to be a globally universally used asset, for this we needed the token to have a set monetary policy that would never change (see: bitcoin). So we felt that anything more than 1% would be prohibitive to people using it constantly and anything less than 1% wouldn’t create enough deflation.

This immutable code and simple structure, one set deflation for all transactions that never changes, makes it so that we can be used as a dependable and understood financial instrument.

Andrés M. | Satoshi Club:
It is a great decision. So, could show us how is the token distribution? please tell us about your tokenomics.

G C:
All supply is circulating and distributed, which makes for a great tokenomic setup, no wallet holds more than 3%, you can see distribution here: https://etherscan.io/token/0x89E8416eA5b69863CCb34D3A5C74A86bf5549147#balances

Paul Mont | Satoshi Club:
This fine-grained distribution is super-healthy for any crypto project. Great work!

G C:
Agreed! It really is a thing of beauty you don’t find that in many tokens, if any!

Andrés M. | Satoshi Club:
For sure, great work👏. Let’s proceed with the next question, are you ready?

G C:
Yup!

Q5 from Telegram User @iGervacio
Among the fund systems that Statera offers, there is one with which I feel identified because its objective is to diversify investment and earnings. What happens to users when they invest in this type of fund and in what way is earnings diversified with multiple assets?

Paul Mont | Satoshi Club:
I guess @iGervacio is referencing the Titan-STANOS fund (which has actually already become my favourite😁)

G C:
In traditional investing diversification is paramount to any strategy, you always hear people tell you to buy the “index” like the S&P 500. So this diversification makes it so that even if one token/company goes bad or loses their value you can still benefit as the other parts of the portfolio go up. In this way you are really taking a bet on multiple cryptos at once while also getting passive fees and earning an APY on them. If LINK goes up 100% and wBTC “only” goes up 50% you still see a 75% increase overall, so it’s not as good as just holding LINK, but if wBTC went up 100% and LINK only goes up 50% you still get the same outcome, but with just holding LINK you wouldn’t.

Paul Mont | Satoshi Club:
Another great feature of your project that I really appreciate is in fact the diversification options that you’re providing your users.

G C:
Yes we really have something for everyone, no matter your goals. Also, if we don’t, you can build your own portfolio from scratch!

Paul Mont | Satoshi Club:
There is a product that fits both less risk-averse and more risk-inclined users.

Andrés M. | Satoshi Club:
@derelick @Tranq93 btw, what is your personal opinion of non-deflationary tokens? I mean those with no supply limit like $DOGE

G C:
They serve their purpose too, inflationary tokens are meant to be spent and go down in value which is great for commerce and spending. Deflationary assets are meant to be saved and store wealth, which is great for long term holding.

Aby:
I’m against such coins which has no utility. With these inflationary coins you will be on the receiving end of the inflation which is no good

Andrés M. | Satoshi Club:
Thank you so much for your opinions and answers guys. Now, is time to go with the last question of this part of the AMA, ready to proceed?

G C:
Yup.

Q6 from Telegram User @andrey_seleznov
Hi Statera!
I noticed that the Infinity pool containing STA/wSTA APY has a strange curve. 7 day 6% APY is higher than 30d 4% APY is this an artificial curve or strange quirk of the market? If this is intentional could you please tell us why you disincentivize the longer term investment?

G C:
It all depends on the volume of trades, so in the last 7 days the volume was higher than the average over 30 days so that is why the yield was higher for 30 days than 7 days. It is not our intentional choice to do that. Long term holding is still rewarded as you get that yield for a longer time and get to capture all the highest APYs when higher volume happens, instead of trying to time the market.

Andrés M. | Satoshi Club:
What is the main benefit for long term holders?

G C:
You get APY every day you are holding, so in that scenario, you got 4% for days 0-21 and then 7% for days 21-28 (to overly simplify it).

Paul Mont | Satoshi Club:
Thank you for the crystal clear answers @derelick @Tranq93! 👍

Part 2 — live questions from the Telegram community

Q1 from Telegram user @mobilejii
How strong is your team? Many projects start with a good impression and later abandoned the project. What makes your project different than others?

G C:
It’s the strongest team on earth! It’s all of you! Statera is a fully community ran and open project. We have been going strong for nearly a year now and made it through hacks, downturns, and more. There is no stronger set up than a community set up. Looking at our tokenomics you can see that we are highly decentralized and actually community owned, rather than a developer holding 25% of supply.

Q2 from Telegram user @mobilejii
Safe audit was claimed by you but can you please provide me an Audit report link to read.
Thanks😊

Aby:
https://github.com/StateraProject/statera-token/blob/master/Statera_SC_Audit_Report.pdf

Q3 from Telegram user @Alberto_vzla
I have seen that Statera uses external markets as arbitrage opportunities, why is it necessary for Statera to resort to external markets and how does this positively affect unbalanced tokens?

G C:
Through being on pancakeswap, balancer, uniswap, and more it allows us to access multiple markets and millions of users, this spread is more than we could ever create in a closed ecosystem. Statera can be put into any ecosystem or exchange, plug and play.

Q4 from Telegram user @dudeiebitch
There is the wrapped statera (wSTA) on your platform which conversion rate is 0.99 wSTA from every 1 STA, after deflation. I will like to know the utility of the wSTA and what are the rewards give to me when i acquire the token.

Aby:
wSTA allows users to pool STA indirectly on platforms that don’t support deflationary tokens.

Q5 from Telegram user @KhaleesiTheCryptoLady
Of all the coins or tokens out there, why did you choose to compare STATERA to a king of crypto, the BITCOIN? Did you foresee that $STA token would be as valuable as Bitcoin in the future?

G C:
We are decentralized, our code is immutable, we have a set unchangeable monetary policy, and we are set up to be specifically a digital asset (rather than utility token or security). So we share a lot of similarities, but unlike bitcoin we are:

Deflationary
Cheaper to transact
The rails we run on are upgradable (ETH, BSC, etc.)
More decentralized.

Q6 from Telegram user @alptrader
You told us Statera is a community driven project so don’t you have any tokens for the team?

Aby:
There weren’t any tokens pre-allocated to the team. The tokens we have are all market-bought.

Q7 from Telegram user @Eminet001
The success of a project depends on the following

  • COMMUNITY
  • PARTNERs
  • TOKEN PRICE
  • SECURITY & SAFETY
    WHICH ONE DO YOU THINK IS MOST IMPORTANT.?

G C:
For us, community, as a strong and driven community will make partners and token price happen, and we are totally solid on safety and security (as our token is immutable). Our community has created everything you see and if you go to our telegram you’ll see an engaged and excited community!

Q8 from Telegram user @captainprice111
If I invest in STATERA’s asset funds, will I have any other gains other than the increase in token values? Also, can I withdraw my tokens at any time?

Aby:
You can earn pool fees from our pools, the arbitrage opportunities made by STA’s burn mechanism give you some of the best passive yields.

Q9 from Telegram user @centoscu
How can I make sure that Statera is good for investors and there are no whales hold all of assets?

G C:
All info on Statera is open and on-chain, go to Etherscan to verify it. There are no whales in statera (no one holds more than 3%) which is an ideal distribution, this is verifiable and trackable. https://etherscan.io/token/0x89E8416eA5b69863CCb34D3A5C74A86bf5549147#balances

Q10 from Telegram user @ronaldo_super
Where is your token is planned for launchpad and will be listed first?

Aby:
Our tokens is already listed more than a year ago. Currently, it can be traded on some of the best DEXs like Uniswap, Sushiswap, Anyswap, Pancakeswap.

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Statera. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru
Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners:
Statera Telegram community:    https://t.me/stateratoken
Twitter:     https://twitter.com/StateraProject?s=09

UNREAL FINANCE x Satoshi Club AMA Recap from 27th of April

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from UNREAL FINANCE and our guest was Ishan Garg, founder of UNREAL FINANCE. The AMA took place on 27 April.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

In this AMA Recap we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram community

Gold Rocket | Satoshi Club: Hello, dear Satoshi Club!

D. | Satoshi Club: 😃

Gold Rocket | Satoshi Club: Today our guest is @ishangarg from Unreal Finance!

D. | Satoshi Club: we are starting our AMA with Unreal Finance!

today our guest  – @ishangarg ! 🙌

welcome to Satoshi Club!

Ishan Garg: Hi everyone

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club @ishangarg 😊

D. | Satoshi Club: how are you doing? 😇

Ishan Garg: Thank you for having me here @GoldRocket27 @Cool_as_Ice

Doing good, thank you 🙂

D. | Satoshi Club: [ 👍 Sticker ]

Gold Rocket | Satoshi Club: We are very excited about the upcoming AMA 😊 and you?

Ishan Garg: Likewise 🙂

D. | Satoshi Club: nice! we will start our AMA with a short  intro! 😊

@ishangarg please introduce yourself and your project !

Ishan Garg: sure

Gold Rocket | Satoshi Club: Yes! Introduce youreself.  How did you get to be involved in crypto & Unreal Finance?

Tell us please about yourself and your position in Unreal Finance.

Ishan Garg: hi everyone, I am Ishan Garg, founder of Unreal Finance. Prior to Unreal Finance, I was the head of BD for OKEx India

Like everyone else, I too was quite active in the yield farming space during Defi summer and kind of noticed the frustrating problem of fluctuations in interest rate

and this problem led to the solution which would later the basis of Unreal Finance

Unreal Finance tokenizes the future yield of an underlying protocol effectively creating a new synthetic asset class  – something similar to interest rate swap markets of traditional finance

D. | Satoshi Club: so you decided start this project not long time ago? are you working alone, or you have team partners?

Gold Rocket | Satoshi Club: You have a great experience for creating your own project, I dare say👍

D. | Satoshi Club: sounds like complex product 😁

Ishan Garg: we are a team of 4 people – 2 brilliant smart contract developers and some amazing marketing people

thank you

Gold Rocket | Satoshi Club: Are you an anonymous team?

Ishan Garg: not really

we are currently updating our website with the new information

D. | Satoshi Club: we can see that you are definitely not anon 😊

Ishan Garg: haha yeah

Gold Rocket | Satoshi Club: Tell us about the benefits of Unreal Finance. How is it different from others platforms?

Ishan Garg: sure

One of the biggest benefit of Unreal Finance is that Unreal Finance allows people to lock-in their interest rate in lending protocol/farm – that is even if the interest rate drop, a person gets their desired  interest rate

moreover, users can now speculate on the interest rate (long interest rate or short them depending on the market) in a more capital efficient way

One of the key difference between us and lending protocols/farms is that we allow the above advantages – moreover, through Unreal Finance a user gets the entire interest rate upfront

which they can reuse in a different lending protcol, thus maximising their earned interest

i am done

Gold Rocket | Satoshi Club: Thank you very much for the great intro!

Our community members have prepared a few questions for you!

Are you ready to proceed?🚀

Ishan Garg: Definitely

D. | Satoshi Club: let’s gooo! 🚀

Q1 from Telegram user @dudeiebitch

You talked specifically on the fact that your company is an on-chain decentralized yield futures platform with a mission of allowing people to “earn future yield instantly”. We all know that crypto is not a get rich quick scheme and the fact you used “future” and “instant” in the same sentence, is it not a form of enticement to newbies and only help them loose their money. How do you plan to help them earn future yield instantly, do you plan to trade shitcoins that does not have 100% trust?

Ishan Garg: The reason why we say “earn future yield instantly” is that a person gets a synthetic token on their deposit that tracks the amount of yield generated by their deposit. This yield is yet to be generated hence the word future

this synthetic token can be sold on any AMM for pure cash anytime the user wants (even afte depositing) hence the word earn instantly

done

Gold Rocket | Satoshi Club: thank you very much for the clear answer👍

Will Unreal Finance use his own token?

Ishan Garg: yes

Unreal has its own native token UGT

Gold Rocket | Satoshi Club: Please share more tokenomics😊

D. | Satoshi Club: we have question about token in this part 👀 maybe a bit later?

Ishan Garg: sure

D. | Satoshi Club: thank you for the answer! ready for the next question?

Ishan Garg: as for the tokenomics we haven’t made it public yet, we will be releasing to the public shortly

D. | Satoshi Club: 👍 nice! good to know that!

Gold Rocket | Satoshi Club: thank you very much for the information👍

Q2 from Telegram user @cryptofollower

One of the promises of Unreal Finance is fixed interest rates. On other projects, we are seeing the interest rates and APY’s changing over time depending the liquidity on the pools. What are your technologies for providing a fixed rate of interest and can you share the expected minimum APY for your pools?

Ishan Garg: yes, that’s a good question

The minimum APY depends on the APY provided by the underlying protocol – for example in Compound we see APY’s from 2%-24%

For fixed interest rate, we have introduced a unique three token model. This unique token model separates the principle and the future yield

Gold Rocket | Satoshi Club: This is very promising. Please tell us more

Ishan Garg: for eg: if you deposit 1000 DAI on Unreal FInance, the protocol generates two tokens – 1000 UOS, which are the ownership token, which tracks your  deposit and 1000 UToken which track the yield generated by the deposit

assuming the current protocol is Aave and the current interest rate is 33% APY, the user can effectively sell the 1000 UToken for 330 DAI

and get the interest rate upfront, effectively locking your yearly interest rate

done

D. | Satoshi Club: so we can deposit funds directly into your platform? without needs to use Comound and Aave for example?

Ishan Garg: yes, we act as a layer on top of compound/aave

D. | Satoshi Club: got it. thanks for the clarification 👌

Gold Rocket | Satoshi Club: This is a very original model! Thank you for the clarification! Are you ready to proceed to the next question?

Ishan Garg: sure

Q3 from Telegram user @NataliyaKil

I read that Unreal Finance has UToken is a synthetic token minted by the protocol generated by the protocol and UOS is the Ownership Token for Unreal Finance. What functions and purpose do they have, users should own both tokens, how can they get them, and are these two tokens enough?

Ishan Garg: sure

As soon as you deposit on Unreal Finance, two tokens are generated UOS and UToken

UOS is the ownership token, that is it represents your share in the total deposited funds.

While UToken tracks the yield generated by your deposit from the total yield generated

depending on what kind of strategies you want to perform  you buy/sell/hold these tokens

i hope this helps in understanding Unreal

done

D. | Satoshi Club: thanks! what types of wallets your platform will support? if let say i use metamask, after deposit on your platform, both of these tokens will be visible in my wallet without need to add them customly?

Ishan Garg: so yes we will be supporting Metamask, Walletconnect, Wallet link

and the tokens are automatically added to your wallet once minted

D. | Satoshi Club: nice! very convenient

Gold Rocket | Satoshi Club: Thank you for such clear answers! Are you ready for the next question?😉

Ishan Garg: sure

Q4 from Telegram user @h1drX

I was reading your future plans and I saw that you are actively working on “Layer-2”, can you tell us a bit about this new implementation? What benefits will you bring to Unreal Finance? Since when are you working on this improvement? And finally, can you tell us when it will be released approximately?

Ishan Garg: ofcourse

D. | Satoshi Club: everyone wants Layer-2 asap 😄

Ishan Garg: haha true

although, we are fairly early in L2 implementation. We want to bring a new architecture there, we want to keep funds on L1 but allow users to trade and manage positions on L2, we will share more updates as we progress with our community in the coming months

done

D. | Satoshi Club: thank you! are you looking more into optimism or zk rollups? 😉 regarding to L2 implementation

Ishan Garg: optimism first

D. | Satoshi Club: got it! 👌

thanks for the answer! let’s jump to the next question! 🚀

Ishan Garg: sure

Q5 from Telegram user @jodasf

You can tell us if there is any type of insurance when making any type of loan within Unreal Finance, that is, you or another external entity takes charge of the installments of said loan if the holder is in any situation that prevents them from paying them?

Ishan Garg: Users can sell their future yield instantly instead of taking a loan through Unreal Finance, much like how alchemix does it

we do not deal with the borrowing side of things, so there’s no liquidation or other problems associated with borrowing.

done

Gold Rocket | Satoshi Club: By the way, tell us a bit about

governance Unreal Finance…

how it works?

Ishan Garg: The community can vote on how Unreal Finance will work and move forward – that is the protocols that will be supported, the fees structure changes, and future updates

D. | Satoshi Club: will you issue your governance token?

Ishan Garg: yes the UGT is native governance token of Unreal

D. | Satoshi Club: oh, understood, thanks! 👍

Gold Rocket | Satoshi Club: Thank you very much for the information! Ready to proceed?

Ishan Garg: yes

Q6 from Telegram user @Indomiekuy

To achieve the revolutionizing of decentralized lending space will be not easy and thats why a project like Unreal Finance must have strong partner. Can we know which project/firm that already makes agreement with Unreal Finance? How are the criteria if other want to join partnership with your project? And what do you expect from partnership?

Ishan Garg: Parnterships are key to Unreal’s success and we would be spending  condierable amount of time building new partnerships in the industry

One of our first partner is Unilend Finance, which is one of the fastest growing lending protocol in space

D. | Satoshi Club: yep, nice guys

Ishan Garg: and lending protcol/farm that generates a future yield is a potential partner for Unreal Finance. One of the first criteria we are going to look at is the TVL of the protocol as higher the TVL more robust the protcol is

done

D. | Satoshi Club: are you looking for partners only on Ethereum blockchain? or you are ready working with people from BSC etc?

Ishan Garg: currently it’s of ETH blockchain, once we launch on BSC we will start partenring with BSC based projects

D. | Satoshi Club: [ 👍 Sticker ]

great! i hope you will find lots of good projects and cool partnerships 👍😉

Ishan Garg: Thank you 🙂

Part 2 — live questions from the Telegram community

Q1 from telegram username @Derazy

Is there any minimum or maximum deposit at Unreal Finance Platform to generate UOS and UToken?

Ishan Garg: while there is no min deposit – it would be advisable in the iniital launch to put in a big amount on to offset the gas fee until our L2, and BSC chain go live

Q2 from telegram username @topind7

Is it true that the protocol will be governed by token holders through proposals, why is this so? And why also go with the name Unreal?

Ishan Garg: so Unreal  is a short form of – Unrealised Yield

and we wanted to also play with words – like once we get the interest rate upfront we can say – “mate, the profits are unreal” haha

community can always help in doing what’s the best for the project

as we have seen with this amazing community 🙂

Q3 from telegram username @crypto9690

What is the development phase of unreal now.Many new projects make a good impression at the beginning, but are suddenly responded to. How will you manage your project to gain a place in the market and become the best token in the blockchain world, Can you explain to us? #unreal# AMA #community @ishangarg

Ishan Garg: we are working on releasing the public beta and will update you more on this soon. One of the strategies which we will be employing will be of partnerships as more partners we have the more bigger unreal finance will become

Q4 from telegram username @sumione

What does your project aims to solve the problem  in real life of blockchain? In other word also why DEFI needs Unreal Finance?

Ishan Garg: the biggest problem of decentralized lending is that the interest rate isn’t fixed

Q5 from telegram username @Tony2523210

Unreal platform allows user to receive profit by using margin trading, but have you considered integrate more types of Derivates Markets ? Like futures or perpetual ?

Ishan Garg: they can be integrated of course, and we would welcome the community to build new financial products on top of Unreal’s future yield tokens

Q6 from telegram username @Eminet001

How can users be part of the success of this project, are we allowed in any governance activities like voting ?

Ishan Garg: yes, holding $UGT will give you the right to vote and govern the protocol. Oh and also earn passive income 🙂

Q7 from telegram username @budykarebet

What are Unreal top priorities in 2021? Can you share some of your plans for the coming year? Which part of the project are you focusing on most now?

Ishan Garg: our current priority is make the public beta live so our community can test and play around with Unreal Finance. Our 2021 priority is make the platform live, while also integrate with more lending/farming protocols

Q8 from telegram username @Alberto_vzla

One of the strengths of Unreal Finance is its ability to create new products through unreal finance. What concept does Unreal Finance handle of unreal finance and how are these products created from this concept?

Ishan Garg: one of the biggest strength of Unreal Finance is that the tokens generated are compatible with the existing defi infrastructure. This allows the future yield tokens be used in a varietly of applications such as interest rate maximisation, liquidity maximsation, yield insurance etc

Q9 from telegram username @dainairlangga

Token burn is important for investors, do you have any plan burn or buy back?

Ishan Garg: we haven’t finalized this yet, we will release more information regarding this in the future

Q10 from telegram username @Josuchams

How can the community help UNREAL grow? Do you have a page where we can help, liking, reposting, and commenting?

Ishan Garg: yes, we wil be launching this shortly, do stay tuned on our official group 🙂

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Telegram: https://t.me/unrealfinance

Twitter: https://twitter.com/UnrealFinance

AMA Satoshi Club x Dfyn, May 5th

We are pleased to announce our next AMA on May 5th 2021 at 01:00 PM UTC Time: Satoshi Club x Dfyn

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

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

Part 3: 300$ – A quiz about Dfyn

For more details:
Dfyn Website – dfyn.network
Dfyn Telegram – @Dfyn_HQ
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x Sekuritance, May 4th

We are pleased to announce our next AMA on May 4th 2021 at 03:00 PM UTC Time: Satoshi Club x Sekuritance

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

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

Part 3: 300$ – A quiz about Sekuritance

For more details:
Sekuritance Website – sekuritance.com
Sekuritance Telegram – @sekuritance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

ENEX x Satoshi CLUB AMA Session 25 Apr 2021

PART 1. Introduction of ENEX project and community questions.

Hello, Satoshi clubbers and guests of this site. Get ready for an interstellar space journey with Commander ENEX.

ENEX.SPACE Trade, earn, issue, and raise with uncompromising security and extremely low fees at the new DeFi platform Connecting Multiple Blockchains.

The plan of AMA session:

  1. Part – Introduction and preselected questions.
  2. Part – Live questions
  3. The Quiz about ENEX

The reward pool is 500$

Leading the AMA our clever and fun admins:

Mary | Satoshi Club – @madamlobster

Andrés M. | Satoshi Club – @AndresM77

The Representative of the project:

Mike Sayfuller – @Sayfuller – Mike Sayfullin Founder Enecuum Network, Trinity LAB.

Roman – @Rst11 – Roman Bashlaev, CMO of ENEX.SPACE and Enecuum network

Introduction of ENEX project.

Andrés m. | satoshI club:

Our guests today are @rst11 and @sayfuller! Welcome to satoshI club😃

Mike sayfuller:

Hello community!

Roman:

Hello all! Glad to be there

Mary | satoshI club:

Hello, Mike! Happy to see you here 👍 Roman, welcome to SatoshI Club 😀

Roman:

Thank you!

Mike sayfuller:

Pleasure to be here!

Andrés m. | satoshI club:

It’s our pleasure, how is going your day guys?

Roman:

It’s crazy time before ENEX doble IDO!

Andrés m. | satoshI club:

Really? How many days left?

Mary | satoshI club:

Wow! We will have more questions about IDO later 😀

Roman:

Our IDO will be from 26 to 28 of april

Platforms are Zeedo and CyberfI Samurai

Mary | satoshI club:

That’s really exciting 😄 but let’s start with intro 😄

Roman:

Short intro of ENEX:

Mary | satoshI club:

Guys, please introduce yourself and tell us more about ENEX!

Mike sayfuller:

My name is mike Sayfullin. I am in crypto since 2017

Roman:

My name is Roman Bashlaev, i’m CMO of ENEX.space and Enecuum network

Andrés m. | satoshI club:

Amazing video

Mike sayfuller:

We were developed Enecuum network from scratch. From November 2020 we start research AMM DEX , based on Enecuum l1

Mary | satoshI club:

How old is Enecuum network? 😄

Roman:

So ENEX is the first DeFI platform powered by Enecuum network and developed by trinity lab

Mike sayfuller:

ENEX.space include all best practices from existing AMM DEX like Uniswap, Sushiswap, Pancake and DODO

We are building DeFI platform with AMM DEX, farming functionality, drop station, IDO, and NFT marketplace.

Mary | satoshI club:

Wow, you really choose the best experience 😄

Andrés m. | satoshI club:

All in one👏

Roman:

The main net launched in 2020

Mike sayfuller:

MVP will be launched next week in a test net environment

Mary | satoshI club:

So close 😄 we will be able to test, right?

Roman:

Our test network is available to everyone, so welcome

Mary | satoshI club:

Oh, you already answered 😂

Mike sayfuller:

Yes. Next week

Mary | satoshI club:

I mean, do we need to subscribe somewhere, or it is free to use for everyone?

Mike sayfuller:

So next week will be super busy for all our team

Roman:

It will be free to join and test MVP

Mary | satoshI club:

Sure👍

Roman:

We will announce in our official channel – how to join it, but a bit later.

Andrés m. | satoshI club:

Great opportunity for our members🥳, btw we have collected some community questions, are you ready to proceed?

Mike sayfuller:

Sure.

Preselected questions about the ENEX.SPACE DeFi project.

Andrés m. | satoshI club:

Q1 from telegram user @winner_don

 I have been following your private round and well it is presently going well. You have also planned a round for the public to be held April 28th on Zeedo. I checked the platform and noticed the IDO will be in two-part; the ETH’s and the BSC’s. Does that mean the $enx token will be available in both the eth and the bsc blockchain. What else can you tell us about the IDO? There is also a place on the website that requires we typing our Gmail for whitelisting. There are no other further instructions about that. What else is required after inputting our email?

Roman:

Well, it’s a good question!

Enx token will be available only in eth’s. Our IDOs will be on 2 platforms.

Zeedo IDO

—total sale: $115,500 USDT

—pop (proof of participation tickets): total 20,000, 10,000 on zee/eth staking and 10,000 on ZEE/BSC staking

—total winners: 766, 383 on zee/eth staking, 383 on zee/bsc staking

—$enx tokens per ticket: $150 $enx

—price of $enx token: $0.55

—period: April 26-28

Read more https://medium.com/zeroswaplabs/step-by-step-guide-to-participate-in-the-IDO-of-ENEX-space-2c21e4e85327

CyberfI samuraI IDO

—total sale: $115,500 usdt

—total winners: 415

—$enx tokens per ticket: $287.50 $enx

—price of $enx token: $0.55

—period: april 27-28

Read more 

All rules of platforms you can find via the links above. And all announcements will be on our news channel: https://t.me/ENEXspace so to keep up with all the latest news – just stay tuned!

Andrés m. | satoshI club:

Is there a minimum purchase of tokens for each user?

Roman:

One ticket – $150 for Zeedo and $287,5 for samurai

It will be the lottery format, to take part in IDO you have to stake native platform tokens, read more about the rules at the links

Andrés m. | satoshI club:

Sure, thank you roman.

Mary | satoshI club:

But later users will receive $enx tokens which are issued on Enecuum network, right? Or how this will work for those who will be lucky to buy?

Roman:

Users receive ENX erc-20 and it will continue to exist after starting AMM DEX, but will add enx to the Enecuum network. Users will use ther erc-20 tokens without any problems on DEX because of cross-chain bridge

Those who will be lucky to buy enx can start trade it on Uniswap and we are going to list it on some CEX in the nearest future

Mary | satoshI club:

Very clear! Thank you! Ready to proceed?😄

Roman:

Of course.

Andrés m. | satoshI club:

Time to know more about Enecuum😃

Andrés m. | satoshI club:

Q2 from telegram user @cryptofollower

ENEX is the first DeFI platform powered by the Enecuum network. And Enecuum allows regular mobile and desktop devices into the blockchain to be a part of the global blockchain network. It even has a mobile master node for android users. What are the advantages of the Enecuum network that provide a reliable platform for users and made you choose it for building an ecosystem on the ENEX?

Roman:

Thank you, good question!

This is Enecuum nodes map. It’s completely decentralized. The second is very low fees – transaction fee is 0,1 ENQ

Mary | satoshI club:

As I understand the fee is fixed?

Roman:

Yes. Because of the consensus algorithm – Enecuum is a secure and scalable network

Andrés m. | satoshI club:

Has it been audited?

Roman:

It’s in the process now.

Mary | satoshI club:

If ENQ price will rise? For now, 1 ENQ price is 0.19$, but as I see it doesn’t have big supply – after this 0.1 ENQ won’t be cheap

Roman:

We have plans for introducing governance to the Enecuum network to solve problems like that, and a part of our team is working on it.

Andrés m. | satoshI club:

Thank you for the answer, ready to proceed with the next question?

Roman:

Yes, let’s move.

Andrés m. | satoshI club:

Q3 from telegram user @neverencryp

You have something you called a space station on your platform, which is a mechanism for distributing a certain amount of enx over enx shareholders. I would like to know the reason it is called a space station, what are the requirements before you can be qualified to receive any token from you. Is this space station a form of staking or there are more to it I don’t understand?

Roman:

ENEX space station

The space station in this case is one of the main objects in space. As part of our positioning of the space theme, this was the name chosen. When users make trades on the ENEX.space  a 0.35% fee is charged. 0.05% of this fee is added to the space station in the form of lp tokens for the relative pool.

You can see the space station role.

Andrés m. | satoshI club:

So, what are the other benefits for ENEX holders?

Mary | satoshI club:

We will need to stake enx, right? No special benefits for ordinary holders?

Roman:

At the beginning – it will able you to get more rewards from each trade. Later we are thinking about governance properties for the token.

Also, you will be able to trade ENX on DEX and CEX

Mary | satoshI club:

Got it! Thank you! Ready to jump to the next question?

Roman:

Ok!

Andrés m. | satoshI club:

Q4 from telegram user @h1drx

In your medium, I noticed that ENEX is built on the Enecuum blockchain whose purpose in DeFI is unique and special since Enecuum allows each smartphone owner to be part of its global network. As a result of this, I am intrigued to know why you decided to build ENEX on the Enecuum blockchain, what benefits can you gain from this?

Roman:

Well, the answer is close to the answer to question 2

Roman:

Security decentralization low fees

Mary | satoshI club:

Yes, it’s a bit similar 😀 I wanted to ask you if you can show us your tokenomics?

Roman:

ENEX or Enecuum?

Roman:

Also, I can tell you about the issue of token in the Enecuum network, but this is more in the context of “why the Enecuum network needs AMM DEX platform”)

Andrés m. | satoshI club:

ENEX, please

Roman:

So, total supply is 21,00,000 $ENXENX Token Distribution tabe:Go to WEB-Site
Previous
Next

ENX Token Distribution tabe👆

You can read more via the link: https://enex.gitbook.io/enex-space/tokenomics

Mary | satoshI club:

Thank you! We will DeFInitely read this article!😀 Ready for the 5th question?😀

Roman:

Yes

Andrés m. | satoshI club:

Q5 from telegram user @andrey_seleznov

HI ENEX!

With each transaction, users will pay the transaction fee of 0.1 $ENQ to the Enecuum network. This means all custom token creators will have to set their fees higher than 0.1 $ENQ to cover the platform fees. If the $ENQ price grows do you have a plan on how to decrease the platform fees? I also wonder what will the fee be primarily used for, further development of the platform? What exciting new features are you planning to add to the platform in the future?

Roman:

If we are talking about native token – users pay 0.1 ENQ for each transaction. And yes we will implement a governance model to have the possibility of changing the commissions

When we are talking about custom tokes the commission structure is the other:

ENEX commission structure

Mary | satoshI club:

When you plan governance implementation?

Roman:

It is currently under active development and I can’t give details.

Roman:

Here’s an example of how it works:

-carol creates her custom token CRL. She sets her transaction fee type to fixed. She also sets the fee amount to 1 CRL. Carol pays the fee in ENQ to the Enecuum genesis address for the token creation.

-Alice sends 10 CRL to bob. She pays 1 CRL fee to carol. Bob receives 10 CRL.

-carol pays 0.1 ENQ fee to the Enecuum genesis address for the transaction that Alice sent.

So Alice should care about ENQs to pay a fee – she pays it in CRL

Mary | satoshI club:

Ok, we will wait for the announcement😀

Roman:

All our plans with Enecuum you can find in road map https://enecuum.com/roadmap

Great, trust us – we’ll make you happy.

Mary | satoshI club:

Sure!👍 We will!

Andrés m. | satoshI club:

Could you tell us more about sharnell 2.0?

Roman:

It would be better if I connect our CTO to answer this question. Add pls @Konstantin_zhidanov as admin.

Andrés m. | satoshI club:

@madamlobster, please. Meanwhile, would you like to take the 6th question?

Mary | satoshI club:

Added😀

Roman:

We can move step by step 😀

Mary | satoshI club:

@Konstantin_zhidanov welcome here 😀

Andrés m. | satoshI club:

For sure 😃

Mary | satoshI club:

While Konstantin is preparing his answer we can move to the 6th question😀 Right?😀

Roman:

Let Konstantin finish an answer😊

Konstantin zhidanov:

HI all! At the moment there are only embedded smart contracts in Enecuum, like staking and so on. As soon as SDK released, any user will be able to deploy custom contracts. Unlike EVM, they will be not turning complete, and it will be more like a set of basic operations with the possibility of combining them. So, it will be unbelievably easy to create DeFi (auctions, farms, shares, etc) or gaming applications.

Andrés m. | satoshI club:

Thanks for the answer Konstantin and welcome to the AMA. Btw, would you like to add something before the next question?

Roman:

Let’s move forward.

Andrés m. | satoshI club:

Q6 from telegram user @mctrho

I was reading on your medium about market-making (PMM) which is peanut’s price equilibrium technology. Is this new technology going to replace AMMs? Or will they work together to achieve their goals? Can you tell us what is the purpose of PMMs and how do they work?

Konstantin zhidanov:

Long story short. AMM was a great Uniswap invention – an algorithm to generate synthetic order books. But this synthetic order book doesn’t look like a reading order book on pairs with high liquidity and trading volume, because all orders are distributed uniformly. But in real order books, most of the orders are placed in a 5-10% gap near price. So, the idea behind PMM is to create synthetic order books more similar to real ones and to decrease slippage.

Mary | satoshI club:

Can’t wait to see all this at work😀👍

Andrés m. | satoshI club:

So innovative, congratulations. Well guys, thank you so much for your answers in this first part of the AMA😁

Roman:

Thank you! The questions were really good!

Mary | satoshI club:

Ready for the live part?😀🎉

Roman:

Yes

Mary | satoshI club:

Let’s go 🚀

PART 2.Questions about the ENEX.SPACE project from the live chat of the telegram community.

In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the ENEX.SPACE crypto project chooses the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.

Q – 1 from a telegram user @Xusuo

I read from your site Enecuum is using combination of 3 consensus protocols, which are Proof of Stake (POS), Proof of Action (POA), and Proof of Work (POW). How this combination become an advantage of ENEX Exchange? Can you describe in a simple way how does these 3 combination works inside ENEX platform?

Roman:

BFT Hybrid Consensus Algorithm provides a secure and fully decentralized network for building the ENEX.SPACE ecosystem on it.

Q – 2 from a telegram user @topind7

Why do you choose to build ENEX on Enecuum, any advantage of this Network? 

Konstantin Zhidanov:

Extremely low transaction fees and mobile phone mining give the huge audience of crypto newbies.

Q – 3 from a telegram user @mctrho

In your Medium I noticed that these last weeks you have been announcing many strategic partnerships of ENEX SPACE, do you plan to announce more partnerships in the near future? Can you give us a preview of this?

Roman:

Yes, we plan to develop partnerships with many projects, so stay tuned for announcements.
At this moment our tech parnters are: Peanut and HAPI by Hacken
Enex backed with: AU21 Capital, Blocksync Ventures, ExNetwork Capital, Pluto Digital Assets, A195 Capital ,Plutus VC, X21, GEM Capital, Kyros Ventures, CDF, Genblock Capital, Lotus Capital, Magnus Capital, Craig Cobb (TraderCobb), Consensus Lab (China), To Do Block (China), Sky Ventures, .

Q – 4 from a telegram user @sigma_protocol

What about the audits of smart contracts, when is it expected to be available of the AUDIT report? Can we expect before IDO? What security measures are adopted for safe smart contracts and hacking?

Roman:

Audit is now in process, we make it in Mixbytes. We will announce when it will be finished in our communities

Q – 5 from a telegram user @Korryl

ENEX Space is DeFi platform with DEX as their product. I see that you also create ENX token. What is the use of ENX token inside EXEX Space platform? Can we use it for the stake, yield farm or maybe trading it in your exchange?

Konstantin Zhidanov:

All trading fees are shared among $ENX stakers.
1. U get $ENX
2. U stake $ENX
3. Other people trade in Enex and pay fees
4. U get those trading fees
5. …
6. PROFIT

Q – 6 from a telegram user @Egaramadhan18

You promise ENEX.SPACE with uncompromising security and very low costs. Is security at ENEX. SPACE is 100% guaranteed for users? And give us the details you mean low cost?

Konstantin Zhidanov:

According to the Enecuum protocol, the transaction fee for trading operation will be 0.1 ENQ (around $0.02). In the future, it could be regulated with governance.

Q – 7 from a telegram user @awkwerrrd

When you look at the ads for crypto projects, everything is perfect, but it doesn’t really happen … Is your project really the best or perfect? How can we believe this?

Roman:

You are right. In our opinion, we have a very promising project, but I can recommend you to study all the documentation, resources that relate to the project and make an informed decision. Notice that Enecuum stays alive in crypto winter – It’s worth a lot.

Q – 8 from a telegram user @Xusuo

I read from your site Enecuum is using a combination of 3 consensus protocols, which are Proof of Stake (POS), Proof of Action (POA), and Proof of Work (POW). How this combination become an advantage of ENEX Exchange? Can you describe in a simple way how does this 3 combination works inside ENEX platform?

Konstantin Zhidanov:

Enecuum is based on triple-consensus protocol “Trinity”, where three components take part – computational power (POW), staking power (POS) and network connection (POA). This approach allows to join advantages of all consensus types and strengthen overall security. From the user side, that means you can choose how to participate in the system and get the reward. Rewards can be estimated at enecuum ROI calculator at Enecuum blockchain explorer.

Q – 9 from a telegram user @KhaleesiTheCryptoLady

$ENX is an ERC-20 token, do you have a plan to add a network like BSC where small transaction fees apply?

Roman:

We will build a cross-chain bridge called Tabula – it will connect Ethereum, BSC, and Enecuum first phase and Polkadot, Fusion, and others blockchains later. That will increase liquidity for DEX traders with extremely low fees and decentralized architecture of ENEX.SPACE by design.

Q -10 from a telegram user @adaatalay

What is your strategy for Enex Space to attract more users and become an effective and preferred authorized gateway for DeFi?

Roman:

We have developed a phased marketing plan to develop the platform not only on the global market but also on the local market. We will give users the ability to move liquidity between blockchain networks. Together with low commissions and an excellent user experience, we expect to take a big large audience.

Part 3 – Quiz about project

In the final part, we tested the knowledge in terms of the ENEX project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ was distributed between the winners.

Our contacts for more details: 

  English Telegram group  |  Russian Telegram group   |  Spanish Telegram group  |  Telegram Channel   |  Twitter |  Website 

Our Crypto Partner by this AMA: ENEX

Telegram group  | Reddit |  Tweeter  |  Website  |  Medium | GitHub  

AMA Satoshi Club x SingularityDAO, May 3rd

We are pleased to announce our next AMA on May 3rd 2021 at 03:00 PM UTC Time: Satoshi Club x SingularityDAO

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

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

Part 3: 300$ – A quiz about SingularityDAO

For more details:
SingularityDAO Website – singularitydao.ai
SingularityDAO Telegram – @SingularityDAO
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

SuperBid.io x Satoshi Club AMA Recap from 26th of April

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from SuperBid.io and our guest was @maxxxcap, @CEOmoney, @jacobrylko, @alkaph, @wojsec, @kin_now – representatives of SuperBid.io. The AMA took place on 26 April.

The total reward pool was 500$ and has been split into 3 parts.

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Website

Gold Rocket | Satoshi Club:
Hello, dear community! We are pleased to announce our AMA with SuperBid.io

max:
Great work on the last AMA 🙂

Gold Rocket | Satoshi Club:
Today our long-awaited guests are @maxxxcap, @CEOmoney @jacobrylko, @alkaph, @wojsec, and @kin_now!

Andrés M. | Satoshi Club:
Welcome @maxxxcap @CEOmoney @jacobrylko, @alkaph, @wojsec, and @kin_now

Gold Rocket | Satoshi Club:
We are happy to welcome you guys again!😍

Gold Rocket | Satoshi Club:
Last time you gave us a flurry of positive emotions! Our men cannot forget Natalia until now!

max:
Thank you so much. We are so happy to be back 🙂

Can you make sure everyone is added as admins please?

Gold Rocket | Satoshi Club:
We were also very impressed!😁

max:
Thank you ❤️

What was it the last time we did this, I believe March 14th?

We have lots to update the community on.

Andrés M. | Satoshi Club:
A lot of guests today, is an honor for us to have you here again

Yes, some weeks ago, what is new in the project?

Jacob Rylko:
Hello guys 🙂

Gold Rocket | Satoshi Club:
Yes! it was unforgettable! 😉

Added!

Kin Now:
Hi everyone! 🙂

Gold Rocket | Satoshi Club:
Let’s start!
Introduce yourself, please. How did you get to be involved in crypto & SuperBid.io?
Tell us please about yourself and your position in SuperBid.io.
What is the essence of your project?
For those who missed the last AMA

max:
Well, there are plenty of introductions to go around. My name is Max: and I am the COO. Jacob is our Talent Manager. Kinga is our CMO. Wojtek is our CTO, Patrick is our CEO. We also have a new very important member of our team, Branden Hampton, who was recognized by Forbes as the King of social media.

Gold Rocket | Satoshi Club:
@JacobRylko @kin_now glad to have you today at Satoshi Club ❤️

max:
Branden has built over 36M followers across Instagram, Twitter and Facebook. First-to-market adopter of social media, has worked with over 500 different celebrities, athletes, artists, and social media influencers. One of the largest holders of “digital real estate” in the social landscape, including: @Travel, @Beauty, @Makeup, and @Marijuana

Gold Rocket | Satoshi Club:
It’s amazing! You are cool guys! 👍

Andrés M. | Satoshi Club:
Congratulations, great milestones achieved

max:
Our core team got involved in crypto becuase we see it as world changing technology which will connect the global economy, and most importantly, give power to people which don’t have power currently. money = power. innovation is everywhere. humans are diverse and we are all coming from the same place, with differnet backgrounds and different knowledge. if people that do not have access to finance are able to make money or have money – the world will be a better place, people will be able to innovate and create across the globe.

This is the main reason why we wanted to get involved in crypto. Our CTO and myself have been involved for over 5 years.

Branden has as well, been invovled for many years.

Andrés M. | Satoshi Club:
Great project, it shows the different use cases of blockchain

Gold Rocket | Satoshi Club:
Thanks a lot for the intro! Yes, you correctly understand global trends. mass adoption is coming! 🚀🚀🚀

Branden @money 💰:

max:
Branden is the perfect match for our project. Thank you very much B Money!

Andrés M. | Satoshi Club:
Nice to meet you Branden, it seems that you are so experienced in the project

max:
SuperBid is a social auction app which connects fans with influencer led auctions for items, experiences, and NFTs. So, it’s important to have someone like Branden assisting us in making connections with influencers

Gold Rocket | Satoshi Club:
Thanks! we are also very glad to hear you! 😍

This is a very important function.

max:
Yes, absolutely.

Andrés M. | Satoshi Club:
Great work team. So, would you like to add something else before the first question? Btw, thank you so much for the introduction

max:
SuperBid, to our CEO – was the greatest avenue through which we can promote education around crypto

We are building this amazing community currently

You’re welcome. Let’s continue!

Q1 from Telegram User @Jonahapagu
In the auctions on SuperBid, users will be able to bid on NFT works that will be related to their real-life originals…for someone like me who is new to your project having missed you last AMA here, how will this bidding take place, what will be the requirements for participation and what happens when a user wins a Bid for an NFT?

max:
This is actually such a great question, thanks @Jonahapagu 🙂 Auctions will be able to be set up directly through our app. The person running the auction will simply input a description or the auction and some images, and a starting price. In order to participate you will have to meet basic KYC requirements

For now, when a user bids for an NFT and wins, the person that ran the auction will send the NFT to the winner. In the future there will be technology which will allow this entire process to be completed on the app, so every transaction will be seamless

Gold Rocket | Satoshi Club:
Btw… Will we have surprises today like we did at the last AMA? 😉

max:
Well i can send you videos of my beautiful partner in crime, @JacobRylko. Would that be sufficient for a surprise?

max:
😂 on a more serious note…

Gold Rocket | Satoshi Club:
It will be great😍

max:
Nothing we can disclose today, but you will have a surprise very soon and I will make sure to let everybody here know 🙂

Andrés M. | Satoshi Club:
Could you share us some oh the NFTs designs?

Gold Rocket | Satoshi Club:
Lol😁

Andrés M. | Satoshi Club:
Yoo haha.

Jacob Rylko:
You can see how comitted to the project our investors are 😛

max:
Yes, actually, I can.

This might be exciting for some people.

Gold Rocket | Satoshi Club:
this is not surprising! 👍You have a powerful community🚀

max:
KidEight, one of the first 3D visual artists that decided to collaborate with us, created something very special which we have not released to anybody yet.

max:
But, since you asked…

Gold Rocket | Satoshi Club:
Oh! That’s very beautiful ❤️

Andrés M. | Satoshi Club:
Wow, who’s the girl?

Jacob Rylko:


It’s definitely @kin_now

max:
It’s our CEO @Alkaph

Gold Rocket | Satoshi Club:
And very much in the spirit of your project! Neon, mercury … Everything is very bright and energy …

max:
Of course 🙂

Andrés M. | Satoshi Club:
definitely fantastic, kudos to the talented designers

Haha a little similar.

Gold Rocket | Satoshi Club:
Thank you very much for your answers! Ready for the next question? 🚀

max:
Yes 🙂

Q2 from Telegram User @surendra040
Mostly holders are important for the project . But holders holds only if it believes on the project. How does superbid aims to retain its holders? Are there any sorts of incentives and benefits for long term holders?

Gold Rocket | Satoshi Club:
She is beautiful 😍

max:
+++

Gold Rocket | Satoshi Club:
Ha ha😁

max:
Excellent question. Well, I’d encourage you to join our community and ask our trusted community members why they are on board for the long term. It’s not just about staking for us, these rewards are just a way to reward our community members while we finalize app launch.

Once the app is released we should be implementing utilitarian uses of the token outside of it’s utility today. None of this has been implemented in any technical capacity, they are just ideas, but we are considering mechanisms such as:

If you hold a certain amount of SUPERBID tokens, you receive access to exclusive auctions.

By holding SUPERBID, you might be eligible for purchases of “bid boosters” on points which have a higher value than standard points.

By holding SUPERBID, you might have governance in voting on changes to the app, community activities, and which charity programs we donate.

By holding SUPERBID, you might receive exclusive access to AMAs and experiences with influencers and the team – kinga would be happy to meet with you over a zoom date 😉

By holding a certain number of points you might gain access to “tiers” (i.e. gold, platinum, diamond)

You might be able to purchase SuperBid merchandise and any of our collaborative merch with SUPERBID tokens.

Holding SUPERBID tokens might provide you with NFT airdrops from SuperBid and influencers.

And, something that we have not solidified but are also considering implementign – a percentage of profits from auctions might be allocated to SUPERBID token holders / stakers.

True defi ^

Gold Rocket | Satoshi Club:
You have a very well thought out concept 👍

max:
Not some random farming stuff, which has 0 value

Of course, we need to think through everything we do

Andrés M. | Satoshi Club:
Thanks for the complete answer, is there any aproximated date for the launchment of the app?

max:
Alpha is due to be released next month 🙂

Gold Rocket | Satoshi Club:
Don’t forget to share with Satoshi Club🙏

Andrés M. | Satoshi Club:
A great May coming for the project. So, ready for the next question?

max:
Yes 🙂

Q3 from Telegram User @Korryl
I read that Superbid just launching new stake system, for first month, the standard APY rewards will be up to 430%.can you explain how does your stake system work? Is there any penalty system if we unstake or withdrawn our asset?

max:
I wont, @sspurss and i are in touch 🙂

Super juicy

Gold Rocket | Satoshi Club:
This is an incredible APY🚀🚀🚀

max:
Yes, let me answer this question

I know it is 😂

It’s 100% safe since the tokens stay in your wallet, and never leave it. Staking token is fee-less, so all you need to do is sign with your wallet on our staking pannel. Staking rewards are calculated off chain on our panel. Rewards compound, so you will be getting your APY on both the balance in your wallet and the unrealised staking rewards

You can pay out your rewards to your wallet at any time. Paid out rewards will be subject to our withdrawal schedule if you decide to pay them out before 90 days pass from staking start

Gold Rocket | Satoshi Club:
you took good care of it👌

Andrés M. | Satoshi Club:
What about fees? how to deal with it?

max:
There are no fees to sign your wallet and start getting rewards, since it’s off-chain.

Andrés M. | Satoshi Club:
But there is a withdrawal fee, correct?

max:
Correct, you will pay a standard gas fee for tokens to be sent to your wallet.

That is all.

Gold Rocket | Satoshi Club:
As far as I remember, you wanted to expand your blockchain lineup beyond Ethereum .. are these plans still in effect?

max:
Yes, for sure. we are interested in migrating to BSC as long as BSC is still a viable long term solution. uniswap is actually coming up with a solution which may make the fees insignificant, so this will be a nice solution for us going forward.

But in the meantime, yes, it’s important we consider potentially bridging to other chains.

Andrés M. | Satoshi Club:
Is something important for the project

Gold Rocket | Satoshi Club:
Thank you very much for the great answer!

Ready for the next question? 😉

max:
You’re welcome 🙂

Yes, for sure

Q4 from Telegram User @meml97
About a month ago or so, you were here on the channel and you told us that your goal is to be the most engaging and interactive crypto community in the world, and to help you reach that goal, at that time you announced your collab with Boliwood actress Natalia Janoszek. So, can you tell us more about what have you done since the 14th of March to this point to reach that goal of yours? What other big celebrities are we going to see soon on Superbid to help you succeed as the most engaging crypto community in the world?

max:
Great question, a progress update…

Since the last time we met,
Token holders has increased from less than 400 to over 2500
Token price increased from 25 cents to nearly $8

max:

March 14 was the time of our last AMA, you can see a token price of $0.30 shooting to about $0.80, then coming back down again.

Gold Rocket | Satoshi Club:
Natalia is beautiful! We all remember this fireworks of emotions she gave us🎉❤️

max:
Now, fast forward to today.

We are here.

The crosshairs show where we were when we last joined the AMA.

So from a tokne holder perspective, we’ve grown significantly.

Gold Rocket | Satoshi Club:
Good result! 🚀

max:
Yes of course, and she is still here with us 🙂

Also, our telegram members increased from 500 to 1400 – everything organic growth

Andrés M. | Satoshi Club:
It has been a great pump, where we can buy superbid token?

max:
You can buy on https://app.uniswap.org/#/swap?outputCurrency=0x89E8416eA5b69863CCb34D3A5C74A86bf5549147

and https://whitebit.com/trade/SUPERB_ETH

Andrés M. | Satoshi Club:
Why did you choose Uniswap? Which benefits it provides to your project?

max:
Because uniswap is the most popular Dex, with approx. 7M visits per day.

It brings us significant volume.

We are all about exposure, so if there is a dex that will assist us in increasing exposure, we are going to consider it.

Since we last met, we also have formed partnerships with crypto valley, trubify, and gamerhash.

We implemented a staking panel for rewards, as we previously discussed

Gold Rocket | Satoshi Club:
for an ambitious project like yours, everything should be the best😉🚀

max:
We introduced new team members, including head of talent branden hampton
We have a new product owner, new front end developer, new lead of esports engagement, and several new developers.

Gold Rocket | Satoshi Club:
You have expanded and strengthened the team perfectly

Andrés M. | Satoshi Club:
The project is growing so fast, great work guys👏

max:
2 influential people, similar to branden, have also become investors in the project – jason AKA millionaire mentor on instagram (7M followers) and nick gomez (40K followers) who have a great audience and are willingly making posts about us.

We are building product – we have released a revamped website with more updates being released over the course of this month.

With regard to app building – we implemented new design features and are ahead of schedule.

Our Instagram – started to be very active.

And we opened our Discord channel – and attracted many new members.

Andrés M. | Satoshi Club, [26.04.21 19:24]
[In reply to max]
Could you share some useful links to join? Please

max, [26.04.21 19:25]
Of course – follow us here ! https://www.instagram.com/superbid.io/?hl=en

Andrés M. | Satoshi Club:
Thank you, btw, do you have any ambassador program?

max:
Yes, we are about to establish this formally next month, but we have telegram groups out there for the most commited community members.

You will have to join our chat to get involved!

Andrés M. | Satoshi Club:
A great opportunity Satoshiclubbers, let’s join 😃

Gold Rocket | Satoshi Club:
Satoshi Clubbers! Let’s join 🚀🚀🚀

Ready for the next question? 🚀

Q5 from Telegram User @V1ct0r_26
It is not a secret for anyone that social media apps these days are mostly ruled by teenagers, as it is their favorite way to show some love to their favorite celebrities. Now if we talk about Superbid, we know that is a social auction app, that wants to include many of those influencers/celebrities. So, will this underage fans be able to be part of Superbid? What will be the minimum age required to be there?

max:
Another great clarifying question. SuperBid will be for people generaly 13+. This will also depend on the countries and states where we are doing business, because every social media even facebook and tiktok has restrictions depending on the locations where they function

Andrés M. | Satoshi Club:
Are you talking with new influencers, could you give us an sneak peak about whom will be part of the project?

max:
Unfortunately there are no names i can drop at the moment, but we are speaking with people that have a collective following of 20M plus, and this will continue to grow over the next few weeks.

Gold Rocket | Satoshi Club:
20M+ it’s just incredible! 🚀

Andrés M. | Satoshi Club:
Well, we will expecting for the exciting coming news😁

Andrés M. | Satoshi Club:
@maxxxcap thank you so much for the clear answer, are you ready to go with the last question of this first part of the AMA?🥳

max:
Yes 🙂

Q6 from Telegram User @victorogb
Just recently SuperBid commenced it’s staking programme with base APY on staked tokens at 200%. It’s interesting to note that, investors can participate in this staking programme by simply staking directly through their wallets and investors may also provide liquidity through Uniswap for an additional bonus of 200% which accumulates to 400% bonus. Why did SuperBid specifically choose Uniswap for this enhanced bonus offer and what are some of the laid out conditions for an investor to be guaranteed the base APY of 200% on investment?

max:
Uniswap was selected as it is has the largest daily volume, top number of visits. We have implemented an off chain portal for investors to track their rewards, which will be delivered upon withdrawal for each individual user.

Andrés M. | Satoshi Club:
Great decision, a platform that can provide great liquidity to the project.

Gold Rocket | Satoshi Club:
Thanks a lot for the answers! as always, we got a lot of positive emotions from you! @maxxxcap

max:
Thanks, friends 🙂

Part 2 — live questions from the Telegram community

Q1 from Telegram user @cryptonation2
South east asia market is very good for investors and new user? Do you have any marketing plan for this region?

max:
We are planning to enter the Korean markets through a top Korean exchange listing, we are working with korean marketing firm to assist us in these efforts.

Q2 from Telegram user @Xusuo
I’m still curious with your hashtag ‘follow the white rabbit’ in your twitter. What is the meaning from that hashtag? And also I see zoom about meeting, there is person’s face that you close with ‘white rabbit’. Is he or she is new ambassador/celebrity that work for Superbid?

max:
We are planning a very cool marketing campaign, with videos and other types of interviews with our partners… you will find out soon about this campaign, just stay tuned 😉

Q3 from Telegram user @highpee
Your last AMA here was unique especially with the surprise appearance of Natalia Janoszek. But I notice she isn’t here today. Are you still working together? Do you have any new celeb partner since then?

Kin Now:
Yes, Natalia is still on the team with us. She is not always able to attend the AMA due to her shooting on film sets. We are in negotiations with many celebrities, we will announce more names soon. 🙂

Q4 from Telegram user @KhaleesiTheCryptoLady
In your website, I read a part of your vision in Superbid app is a ‘BID ON A DINNER WITH JUSTIN BIEBER’, how will you make this possible? 😁

Jacob Rylko:
Basically by setting up a dinner with Justin Bieber for our users 😂 This is just an example, but this is how we see our app in the near future. That’ the goal and whole idea!

Q5 from Telegram user @joson0305
When is the best time I can buy #SUPERBID is it now. Can give some information about Superbid pre-sale.And what will be the benefits for me the holding of #SUPERBID

Jacob Rylko:
There was no pre-sale and no ICO. We wanted to be fair and did a stealh launch on Uniswap, February 19, 2021. You can join our Staking Panel and earn more tokens simply by not selling them with a current 200% APY (subject to change) 🙂

Q6 from Telegram user @BlancaSdF
Some artists take advantage of this type of interaction to carry out charitable actions, donations and campaigns to help the most vulnerable. Are these types of activities allowed in SuperBid?

Kin Now:
Of course 🙂 Additionally, we ourselves will be announcing our charity program soon. This is an extremely important part for us in our venture.

Q7 from Telegram user @centoscu
Is this project only limited with influencers? Why not to add other famous people?

Kin Now:
Not only influencers but all celebrities, artists and even regular users will be able to use our app.

Q8 from Telegram user @Indomiekuy
Partnership is one of important thing if a project want grow and spread fast. Which project already doing partnership with Superbid. io?

max:
Trubify, GamerHash, and Crypto Valley

Q9 from Telegram user @Josuchams
Hi it’s a pleasure☺️
What would you say is the company’s main competitor?

Jacob Rylko:
SuperBid dont know what “comeptitor” means 😛 Just kidding, but to be completely honest, we perceive us as sth completely new, next-generation social media. We strongly believe the world is about to change with SuperBid, just like it did with YouTube, Instagram or TikTok – this is our level of imagination 🙂

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Crypto Puzzles. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
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