AMA Satoshi Club x Defiance, November 21st

We are pleased to announce our next AMA on November 21st 2020 at 04:00 PM UTC Time: Satoshi Club x Defiance

⚠️Click to see the hour
⚠️Total Reward pool: $600

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Defiance 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. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 100$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Defiance Team will select 10 questions and answer them.

Part 3: 400$ – A quiz about Defiance

For more details:
Defiance – @def_finance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x Tapmydata, November 19th

We are pleased to announce our next AMA on November 19th 2020 at 12:00 PM UTC Time: Satoshi Club x Tapmydata

⚠️Click to see the hour
⚠️Total Reward pool: $600

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Tapmydata 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. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 100$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Tapmydata Team will select 10 questions and answer them.

Part 3: 400$ – A quiz about Tapmydata

For more details:
Tapmydata – @tapmydataofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x Buy-Sell, November 23rd

We are pleased to announce our next AMA on November 23rd 2020 at 04:00 PM UTC Time: Satoshi Club x Buy-Sell

⚠️Click to see the hour
⚠️Total Reward pool: $1300

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Buy-Sell Telegram group

We will have the following structure:

Part 1: 200$ /12 users – We’ll select 12 questions from the community. A user can post maximum 3 questions. 12 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 200$/15 users – Open chat for 100 seconds. You can post Max 3 questions. Buy-Sell Team will select 15 questions and answer them.

Part 3: 900$ – A quiz about Buy-Sell

For more details:
Buy-Sell – @buysell_network
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x Dvision Network, November 20th

We are pleased to announce our next AMA on November 20th 2020 at 11:00 AM UTC Time: Satoshi Club x Dvision Network

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Dvision Network 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. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 100$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Dvision Network Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Dvision Network

For more details:
Dvision Network – @dvisionnetworkglobal
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x DexKit, November 19th

We are pleased to announce our next AMA on November 19th 2020 at 04:00 PM UTC Time: Satoshi Club x DexKit

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join DexKit 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. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 100$/10 users – Open chat for 100 seconds. You can post Max 3 questions. DexKit Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about DexKit

For more details:
DexKit – @dexkit
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x DEGO, November 17th

We are pleased to announce our next AMA on November 17th 2020 at 02:00 PM UTC Time: Satoshi Club x DEGO

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join DEGO 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. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 100$/10 users – Open chat for 100 seconds. You can post Max 3 questions. DEGO Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about DEGO

For more details:
DEGO – @dego_finance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x Tadpole Finance, November 18th

We are pleased to announce our next AMA on November 18th 2020 at 11:00 AM UTC Time: Satoshi Club x Tadpole Finance

⚠️Click to see the hour
⚠️Total Reward pool: 800$

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Tadpole Finance Telegram group

We will have the following structure:

Part 1: 150$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 150$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Tadpole Finance Team will select 10 questions and answer them.

Part 3: 500$ – A quiz about Tadpole Finance

For more details:
Tadpole Finance – @TadpoleFinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

JustLiquidity x SatoshiClub AMA from 14 November

Grow your cryptocurrency with farming, and you can get acquainted with the most interesting projects in this field at Satoshi Club. Today we would like to tell you about the AMA session with our friends from JustLiquidity. The AMA took place on November 14 and our guest was Tobias Graf, the CEO and Founder of JustLiquidity.

The total reward pool was 800$ and has been splitted in 3 parts.

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

Part 1 — introduction and questions from the Telegram&Bitcointalk community

Mary | Satoshi Club: Hello, Satoshi Club! We are happy to announce our AMA session with JustLiquidity! @Tgrypto welcome to Satoshi Club:grinning:

D. | Satoshi Club: hello Satoshi club!

Tobias: @madamlobster Thanks for the invitation!

D. | Satoshi Club: @Tgrypto how is it going? 😊

Tobias: Very well thanks.

Mary | Satoshi Club: Could you please introduce yourself and tell us more about JustLiquidity?)

D. | Satoshi Club: and maybe you even can share with us some news about JustLiqudity?

Tobias: My name is Tobias Graf, 30 years young (or old :blush:). I am the CEO and Founder of JustLiquidity.
In the first part of my career, I worked for about 11 years as a Finance & Insurance Broker. For two years, that is 2015 and 2016, my company was the biggest insurance and finance seller in the German Health Insurance space. In 2017 I ventured into my own new home in the global Blockchain industry to pioneer new ideas and services.
What is JustLiquidity:
There are currently many small cap and new tokens in the market. These are great concepts and projects, but when people go to trade them, there is either no buyer or seller. So there is no liquidity. It’s a great hassle that everyone has experienced at some point or other.
The other thing we noticed and that’s something everyone today knows – is that teams and projects dump their share of tokens. No one likes it. They just want to make a quick buck, and let other hodlers and investors down.
We therefore created JustLiquidity as a protocol for JulSwap to solve both these problems at once – there will always be liquidity, and team tokens will be locked. Important to note – this is all 100% decentralized too.
If you farm BNB, ETH or BUSD Liquidity into our Liquidity Protocols you can get up to 0.4% daily in interest and if you farm JULb, than you can get up to 0.5% per day! IMPORTANT: NO COMPOUND!

Mary | Satoshi Club: Great intro) Thank you! You have a lot of experience 😀When did you start to develop JustLiquidity?) How long did it take?

Tobias: We started around 5 month ago to develop and developed in this time a lot of products:
1. JulSwap (similar like uniswap on the binance smart chain) julswap.com
2. Liquidity Protocols:
http://bnbv2.justliquidity.org/
http://ethv2.justliquidity.org/
https://julb-swgb.justliquidity.org/
http://busdv2.justliquidity.org/
3. Limit Order for JulSwap and PancakeSwap (will be soon as well available for Uniswap)
http://limit.justliquidity.org/
4. Token Bridge from ERC20 to BEP20 and vice versa
https://bridge.justliquidity.org/
and more to come…

Q1 from Telegram user @mikenit890

How does JustLiquidity plan to invest the $100 million acceleration fund being given by the Binance? Would the JustLiquidity community profit from the investment?

Tobias: We got not 100 million for us, we got a part from it as selected Project. We use the funds for Marketing and Development the two most important points!
The community is is always the core from an project! Without Community no Projeect!
I love our community and thats why i love to talk with our community daily on twitter and via Telegram!
A big thanks to our community!

Mary | Satoshi Club: Yes, it’s one of the important parts of success 💪

D. | Satoshi Club: so what is your the next step in development and marketing? maybe any upcoming partnerships you can talk of?

Tobias:

Upcoming launch!
Trading on Uniswap and JulSwap Decentralized made even more easy and userfriendly!
1. Unique Interface
2. Limit Orders
3. Market Orders
4. Trading Analysis
5. Trading Dashboard
Decentralized Trade but with the User Experience of Centralized!
For the marketing we got and get support from the biggest and best crypto influencers on twitter and as well on youtube which is a big sign of trust for us and we continue to build up on our good Position.

D. | Satoshi Club: very nice! and i should admit – limit orders on DEX this is what we all waiting for :+1:

Mary | Satoshi Club: Wow, limit orders, that’s what we love)

Tobias: The upcoming partnerships are an secret until they are released 🙂
But we have already a few great partnerships with OBR (nftobr.com) & Vox Finance (vox.finance) or a project which launched on our Protocol (swirge.com)

VIDT as well 🙂 https://about.v-id.org/

so all great and big partnerships but the biggest approval are the invest from binance into our project!

D. | Satoshi Club: great! we had AMA with Vox they are very awesome guys!

Tobias: nice! im a VIDT holder 😄

Mary | Satoshi Club: Great partnerships, congrats:confetti_ball:

Q2 from Telegram user @sato_nakamo

0.5% are the interests we might get from farming on your platform. Please explain how this works and why it is so big? On binance I farm with busd and I get maybe 5% per year. Is it safe to assume I might farm on your platform and get 0.5% per day?

Tobias: How do we pay the interest of up to 0.5% per day?
1. We get 0.3% from JulSwap DEX pool from all the trades
2. Whenever the JUL/JULb token price increases the Protocol gets more Liquidity, so there is more Liquidity available to payout the daily interest!
Last weeks we burned around 2.5% from our total supply and we distributed as high as 0.9% JULb Tokens as rewards to our JUL and JULb hodlers!
The DeFi Advantages are very clear, no one can change it when the setup is done!
If the Volume increase in our liquidity pair and the JUL price increase, than as well the potential for higher interest increase. If the Volume and jul price goes down, the interest goes as well down.
And as well very important Liquidity Farming is never without risk, it is more secure than liquidity providing on Uniswap but never without risk!

D. | Satoshi Club: total supply of your token is 1 million as i know. how many tokens in circulation at the moment?

Tobias: IF you stake on Binance you can be 100% sure it will be always the same value but in the farming process is more risk involved.

Mary | Satoshi Club: Yes, farming is risky, but who doesn’t risk never drinks champagne 😂

Tobias: we burned already around 2.5% so we have a total supply from around 975k JUL and the circulation supply is right now 94,741.1745 JUL
always when liquidity comes in the circulation supply increase and always when liquidity goes out the circualtion supply decrease.

D. | Satoshi Club: oh got it! Interesting…

Tobias: yes its like a liquidity backed token

Mary | Satoshi Club: And, actually, as i understand you can’t mint new tokens? So, supply will only go down, right?

Tobias: correct we have no minting function! the supply has just one direction! DECREASE 🙂

Q3 from Telegram user @KhaleesiTheCryptoLady

JustLiquidity provided 3 selections in farming, these includes 1)BNB (V2) Protocol; 2)BUSD (V2) Protocol; and 3)JULb (SWGb) Protocol. What do these Protocol offers to the Liquidity farmers? How much guaranteed APY in such certain period of time? Can you give us brief details about these farming protocols?

Tobias: The Protocol offers the opporunity to farm Tokens where you can generate an interest for your providede liquidity. The interest is not based on APY because APY is compound. We use APR which is the calculation without compound.
We reduce tomorrow the first time the interest from different protocol the rest keeps at 0.4% for now if we go up or down we will see 🙂 but the traffic has a good and positive direction
– $JULb / $SWGb: 0.4%
– $BNB Farming: 0.3 %
– $BUSD Farming: 0.2%
– $ETH Farming: 0.4%

Mary | Satoshi Club: You have single, not paired pools, right? Or both?

Tobias: Yes . Difference Uniswap and JustLiquidity:
On Uniswap you need to always provide the main currency which is ETH and the Project Token, but with the JustLiquidity Protocol you just need to provide the Liquidity ‘Only in BNB’ and not ‘BNB and the Token’. (available as well BUSD, ETH and JULb)
If we compare the Uniswap Liquidity Process with the JustLiquidity Farming Process, then we can say the following:
JustLiquidity:
100% more deposit because you deposit just one Currency and not two
You get an up to 0.4% daily interest ratio
Tokens are locked in the Protocol so no access by the Team until there is enough Liquidity
Uniswap Liquidity:
Lower Deposit because you deposit ETH and the Project Token
No fixed daily interest ratio
Impermanent Loss

its an single side liquidity protocol

D. | Satoshi Club: do you have plans to add more assets for farming? besides these three?

Tobias: In the future we will release the option for other projects as well to open liquidity pairs where our JULb farmers can place the liquidity!
So more protocols in progress!

Mary | Satoshi Club: Will you choose this protocols by yourself or based on community desicion?)

Tobias: Its all a community decision! We build it like uniswap all people can setup pools and the users can decide what they like!

Q4 from Telegram user @Cakelov

After checking your BUSD Farm which just opened, why is there any change for interest BUSD’s Farm? Its just opened but already cut interest by half, can you please give the reason?

Tobias: Our interest is based on the trading volume and the jul price increase.
as we opened bnb farming we growed from 25$ to around 40$ in the JUL price which keep it much more attractive
we opened BUSD later so the increase was not so big but i think the increasing times for BUSD will be there as well! Done

Mary | Satoshi Club: So, it can be changed any time?) And this decision you make yourself or with community?)

Tobias: 1-2 times a week we will update the stats.

Mary | Satoshi Club: Oh, so, it’s easy)

Tobias: We make this decision based on the numbers like price increase and the volume

Q5 from Telegram user @borysfireball

I saw your advice which isn’t new for me – never invest more than you can afford to lose and it makes me to think more about what i really can afford myself. So, the JustLiquidity wallet is a customized service, built originally using a forked version of the Nifty Extension. It is recommended by you for storing our JUL and/or JULb. Do you own its master key? Who is its provider, is it possible to have problems like we had with Infura lately? Is Man-in-the-middle attack possible? Or i can get up one morning and see my tokens disappear like Elon’s rocket in the sky.

Tobias: The JUL Addon is an fork of the nifty wallet which is an fork from meta mask! It is 100% decentralized and no one holds any master key! They wallets are generated from public nodes and just you own your private key!
We are working right now as well on an update from our JUL Extension where we add directly buttons for staking and farming or the trading.
Yes i recommend to use our extension because we integrated all Networks like Biannce Smart Chain and the ETH Network directly so no more need to install or change something.
It is like Meta Mask but easier to use and based on the same security!
Here download: https://chrome.google.com/webstore/detail/justliquidity-wallet/cmbagcoinhmacpcgmbiniijboejgiahi?hl=en

And yes the problem with infura can happens always because we use as well infura as provider like binance and other big companies.

Mary | Satoshi Club: Hope it won’t happen again)

Tobias: yes sure but its always possible! i think its one of the first of this issues but it was solved very fast so all ok 🙂 SAFU

D. | Satoshi Club: is it possible to swap tokens in wallet between BEP20 & ERC20?

Tobias: In the wallet direct not but you can connect the wallet to our bridge with just one click!

Mary | Satoshi Club: And my favourite question – where can we find your smartcontracts audit?)

Tobias: Audited from Hacken and audit available here https://github.com/JustLiquidity/liquidity-protocol

Mary | Satoshi Club: Thank you) i like this audit company)

Tobias: Thanks i am too. They work right now as well on the audit from our limit orders

Mary | Satoshi Club: Yes?) Great, so, everything is as safe as it can be possible, right? And we can sleep tight)?

Tobias: 100% safe is nothing but we did our best and i think hacken too! So i farm as well and can sleep tight 🙂

Q6 from Telegram user @apocan99

Token release voting will be enabled when only 4.5% of total supply left. So wouldn’t it take long to get that point, what is your estimation for the time period to release? How long will the voting process continue? How will the voting power be distributed? What will happen if the voting result says “no”?

Tobias: due to the increase from our protocols on the Binance Smart Chain will there be no voting in the future! all tokens are selected and deposited into the protocols.
We asked our community after the token sale and they decided to chose this option and i am lucky with it

D. | Satoshi Club: good, if community decided that means it for the best

Tobias: Yes i am 100% behind our community!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Pratze

If you want to earn trust from investor, they willing to know all detail about your project including how big are your team, Could you please introduce JustLiquidity team to us?

Tobias: Hi Demon,
we have now 20 People in our team and 16 Developers.
I personal work with the most people already around 3-4 years together!
Our CSO as example is an former NSA Developer and we have one Ph. Dr. of technology in our Team and as well the rest in our Team are high qualified developers and team members with a lot of experience!

Q2 from Telegram user @BERTA2020

Do you intend to increase the listing of your JUL token as time passes?

Tobias: Hi Berta, yes of course but we requested just listings on top exchanges to improve the token and the community!
You need to sign with all top Exchanges an NDA so you cant talk about it but we have a good progress 🙂

Q3 from Telegram user @Boylut

Last week you announced the distribution of $JULB to JUL/JULB holders, is this still ongoing? Can I still benefits in the weekly reward distribution If I hold either of the tokens now?

Tobias: Hi Boylut,
we have weekly distributions to our JUL / JULb token holders!
You are qualified if you hold minimum 6 JUL and or JULb!
If you hold more you get more!

Q4 from Telegram user @Jonahapagu

Can you explain how The JustLiquidity NFT Token Bridge from Ethereum to the Binance Smart Chain (and Vice Versa) will work.. this is the first of it’s kind I’ve heard of.. what is your target market for this Bridge and what will be the procedures to transfer and swap NFT’s using this Bridge.

Tobias: Hi Johan,
thats a very interesting development but easy to explain:
NFT’s are mostly ERC721 Tokens and you can send your token into our Bridge than this token will be locked and on the Binance Smart Chain the new ERC721 Token will be minted with the same Technical background!
Target = to increase our community and the usage from the Binance Smart Chain!

Q5 from Telegram user @brodzonl

How can token creators apply for Just Liquidity bridge and allow people to transfer token from Erc 20 to Bep 20 blockchain?
Also Just Liquidity has very unique staking and farming system, is there anyone token creators cann contact that will help them to build that good farming and staking systems?

Tobias: Hi Jake, if you know a project which is interested in our bridge from ERC20 to BEP20 and vice versa or in our Protocol, they can message me or write in our telegram community our admins so we can talk about the possibilities!

Q6 from Telegram user @Erol1763

Creating a token is easy, but it takes professional intelligence to keep it valuable in the long term. So what is your plan to make the $ JUL token valuable in the long run?

Tobias: Hi Buray, our completely ecosystem is build to increase the JUL Token Price. The interest increase when the JUL price increase and the volume increase! When all increase, than the liquidity increase as well.
Sure its as well possible it goes down like with all tokens or crypto but based on the liquidity increase and the past price actions we have the best possibility to increase!

Q7 from Telegram user @tolgaozek

Why have you decided same APR rates for JUBL, BNB and BUSD farming although you have 0.4 deposit fee on BUSD?

Tobias: Hi tolga, JULb has no deposit Fee because its our own Token and BNB has no deposit Fee because we support the binance ecosystem as good as possible!
If an ecosystem supports us we support it as well!
The 0.4% deposit fee is not much for one person but we use it to buyback tokens on the market and distribute this tokens to our Token Holders. Its a win win.

Q8 from Telegram user @Guandog

The Hacken logo rests on your website. Do you plan to carry out other audits with companies to increase the degree of trust?

Tobias: Hi Lun, we release all audits since the start!
You can find it on github: https://github.com/JustLiquidity/liquidity-protocol

Q9 from Telegram user @surendra040

Please explain me what is Jul and Julb ? what token is good to buy and why?

Tobias: JUL is our ERC20 Token and JULb is our BEP20 Token. You can trade the same token on two different blockchains! We increase our usage and community!

Q10 from Telegram user @amybrow

Why there is no “compound” on Justliquidity Protocol?

Tobias: Because an compound effecte would increase the interest which is not affordable without more interactions.
If you like to compound and you like to withdrawal your interest, than you can withdrawal your interest and deposit it again. In this process you generate a fee for us which we can use to pay the interest.

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of JustLiquidity. They’ve prepared 4 questions for this part. The total reward pool for 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:

JustLiquidity Community: https://t.me/justliquidity

AMA Satoshi Club x stvke.app, November 28th

We are pleased to announce our next AMA on November 28th 2020 at 02:00 PM UTC Time: Satoshi Club x stvke.app

⚠️Click to see the hour
⚠️Total Reward pool: $950

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join stvke.app Telegram group

We will have the following structure:

Part 1: 175$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 175$/10 users – Open chat for 100 seconds. You can post Max 3 questions. stvke.app Team will select 10 questions and answer them.

Part 3: 600$ – A quiz about stvke.app

For more details:
stvke.app – @stvkeapp
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

YearnClassic Finance x Satoshi Club AMA Recap from 10th of November

On this occasion we are pleased to tell you about the AMA session with our friends from YearnClassic Finance. The AMA took place on November 10, our guests were @JohnYearnClassic @yficlassic and @cryptogurunainen.

The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.


PART 1, INTRODUCTION AND COMMUNITY QUESTIONS

Mary | Satoshi Club: Hello again, Satoshi Club! We are happy to announce our AMA session with YearnClassic Finance! welcome to Satoshi Club.

D. | Satoshi Club: @JohnYearnClassic @yficlassic hello guys! welcome!

Mary | Satoshi Club: Could you, guys, introduce yourself and tell us more about YearnClassic Finance?

John@YearnClassic: I am John from YearnClassic and here with me are two other members of the team. We have a reputable team of experts with wealth of experience in diverse fields. We are motivated by success, growth and global adoption of DeFi products, and we are committed to see these through.

About YEarnClassic. YearnClassic Finance is a blockchain agnostic decentralized finance (DeFi) aggregator platform that supports DeFi projects deployed on Ethereum blockchain, Tron chain, Binance smart chain etc., focusing on simplicity, user experience, privacy and global adoption.

So basically, YearnClassic Finance is bringing Blockchain Agnostic into the DeFi Ecosystem, and as an independent fork of yearn.finance with improvements, our primary focus is on security, simplicity, user experience, privacy and global adoption. We are providing a classical way to optimally earn yield on assets. Its governance underline token is called YearnClassic (YFIC) token.

Our core products and features are; Staking, Lending, Yield farming, Vault, Governance, Zap, and full suite of Mobile Application for effective management of assets that helps to bring the best Defi protocols such as Compound, Uniswap, Synthetix, Fulcrum, dYdX, Aave, Nuo, Balancer, Curve, and many others to the masses.

Q1 from Telegram user @balkanika2

At this stage, the pre-sale, if I buy now I can stake directly. What is the approximate return we can receive and what is the minimum amount to invest in pre-sale?

John@YearnClassic: WE HAVE THE BEST STAKING FEATURES:

  • Yearly APR: 100%
  • Per Month: 8.3%
  • Per Day: 0.27%
  • Staking fees: 1.0% fee for staking, 0.5% fee for unstaking, 0% fee for claim.
  • The minimum amount to invest in Pre-sale is 0.1 ETH

Q2 from Telegram user @Rebel99

On the Yearnclassic staking portal, I also see options for Zap, Vaults and Insure with a description of “coming soon.” What are these products and how would they benefit YFIC holders?

John@YearnClassic: Alright, thanks for the question.

y c: These are general features of Yearnclassic, and to enable users obtain the highest interest rate at all time.

John@YearnClassic: i.e Best way to earn optimal interest rate on assets.

Q3 from Telegram user @PaoloMonte87

Your tokenomics information state that once presale will be over 60% of the raised funds will be locked in Uniswap liquidity. Similarly, 10% of the collected funds will be used to buy back and then burn YFIC tokens after presale has ended. This action is supposedly meant to prevent people from dumping. Aren’t you worried that this will deter people from investing due to opportunity costs? What kind of incentives are you providing to persuade investors that locking is not only necessary for price stability but will also profitable for them?

y c: Locked Liquidity is always a plus and it will surely give price stability, also attract other liquidity providers to join in the pool. Once more Liq providers join in, it can equally drive the price. The features mentioned earlier is an outstanding feature that gives more incentives for investors.https://yficlassic.finance/tokenomics.html

Mary | Satoshi Club: I think the best way to prevent dumping is to create awesome product and people will hold it, do you agree?

y c: 100%

John@YearnClassic: Definitely and that is why we are given the best product to our investors and community.

Q4 from Telegram user @AmirJosh

It’s interesting that you actually added the names of the potential exchanges namely Binance, Kucoin, Balancer, Uniswap, FTX. How can you be sure that you can list your YFIC token in those exchanges or this is just for marketing.

y c: We have established a contact with Binance chain team based on the agnostic protocol we are providing and they equally find it interesting, even though no partnership as been made yet, but we are anticipating this. Likewise other exchanges, they are potential places we are looking at listing.

Mary | Satoshi Club: Did you already contact Kucoin?

y c: We sent an email already.

We have agreed with HOTBIT AND P2PB2B Exchange and trading will be opened on the 30th of Nov. And YFIC traders can start trading by then.

https://hotbit.zendesk.com/hc/en-us/articles/360056982054-Hotbit-will-launch-YFIC-YearnClassic-Finance-on-November-30th

https://t.me/p2pb2b_io/276611 https://twitter.com/p2pb2b/status/1324729982053208064 https://www.facebook.com/p2pb2b.io/posts/983426475457360

Q5 from Telegram user @NataliyaKil

Now the topic of lending is very relevant. Have you already developed a loan program? What is the minimum amount of tokens that can be borrowed, for how long and at what%? Who will be able to use this service, how will it be necessary to pay the% under the agreement and is there a possibility of early repayment? And how will you be insured against unscrupulous borrowers?

y c: This is being discussed among our advisors and partners, it’s not been decided yet. It will be announced as soon as its decided.

Q6 from Telegram user @yzmoney

The yfi token has only 30,000 token, why does yearnclassic decide to go the opposite path and minted over 1 Million token? Is there any liqiudity pool lock being plan?

y c: Yes, because we agnostic and focused on global adoption, this is the more reason we have higher token minted. Similarly, we 15 will be locked on Uniswap permanently plus 60% ETH Raised.


PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS

The chat was open for 80 seconds; a lot of questions were posted by Satoshi Club community. Our guests chose some of them.

Q1 from Telegram User @Jonahapagu

On your roadmap for the duration of Q4 2020 -Q1 2020 you planned for “Zap Product Launch” Can you explain what this Zap product is and How it works?

Crypto Guru: Zap is a tool that enables users to swap into and out of several liquidity pools available.

Q2 from Telegram User @Idee01

What can I do to qualify for the $10,000 YearnClassic Raffle Draw? How many winners will be expected from the draw?

John@YearnClassic: What you can do to qualify for the $10K Raffle is to buy at least $40 worth of YearnClassic (YFIC) tokens. To participate Click Bot Link: @Yfic_bot. There will be in total 20 winners.

Q3 from Telegram User @tuvalunia

Your Presale round 2 is closing soon. What are the options of purchasing YFIC tokens, where should I visit on the web and do what?

Crypto Guru: Yes, the round 2 presale is ending soon and round 3 will commence immediately which will end on the 28th. Here is the link to get all information regarding the presale: https://yficlassic.finance/presale.html

Q4 from Telegram User @borysfireball

You write on the site about potential exchanges and it scares me. I remember that all the previous projects that hinted at Binance listing didn’t get there. Do you understand that such hints are potentially frightening, not attractive to investors?

y c: We mentioned earlier that these are potential exchange we are looking at. We have established contact with binance chain team based on the agnostic protocol we are implementing.

Q5 from Telegram User @DiegoRME

What benefits will the users who buy in their presale obtain and immediately enter your staking system with the $YFIC tokens purchased?

John@YearnClassic: Immediate benefits users who buy in their presale will obtain are:

  • Can start staking immediately:  https://yficlassic.finance/stake/
  • Can get instant Airdrop (2 YFIC =$10)
  • Can get instant Bonus structure
  • Can be qualified for $10,000 Raffle Draw (check  @Yfic_bot)

BONUS STRUCTURE for (BUY AND HOLD)

We have bonus program for all our investors

 4-40   YFIC get 1% bonus,            41-80 YFIC get 2% bonus

81-160 YFIC get 3% bonus,          161-240 YFIC get 5% bonus

241-400 YFIC get 10% bonus,     401-640 YFIC get 15% bonus

641-800 YFIC get 20% bonus,     800 YFIC & Above get 40% bonus

Q6 from Telegram User @brodzonl

What happend to your website, I check it before AMA started to learn more about project and it is not working at all, did someone attack it?

John@YearnClassic: Please check back, we are working on it.

Q7 from Telegram User @Splendicity

Why are you guys anonymous? No profile picture in telegram and you disable calls in your privacy settings. How are we going to trust you guys or even reach you when we need assistance?

Crypto Guru: We are available and active 24/7 on all our social media platforms and you can as well reach on our pfficial email address: support@yficlassic.finance

Q8 from Telegram User @NataliyaKil

For quarters 3-4, you have scheduled token burning. What tokens will be burned and how much?

John@YearnClassic: 10% of the raised funds shall be used to buyback and burn YFIC tokens after presale. This action will prevent people from dumping.

Q9 from Telegram User @notulu

How is $YCFI unique from other YEARN projects?

Crypto Guru: We are unique based on our value proposition, most especially blockchain agnostic we are bringing to the ecosystem. And with blockchain agnostic, different protocols and chains can communicate together effectively which would ultimately lead to global adoption, and this has huge long term benefits.


PART 3, QUIZ AND INFO

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about YearnClassic. A link to a Quiz form were sent into the chat. Participants had 10 minutes to answer. 300$ were distributed between the winners.

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

Website: https://esatoshi.club/

Twitter: https://twitter.com/esatoshiclub 

Our Partners:

YearnClassic Finance Community: https://t.me/yearnclassicfinanc