Part 1: 50$ /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 50$/5 users – Open chat for 120 seconds. You can post Max 3 questions. Hangry Animals Team will select 5 questions and answer them.
For more details: Hangry Animals – @HangryAnimalsCommunity Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
Part 1: 50 /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 50/5 users – Open chat for 120 seconds. You can post Max 3 questions. Hangry Animals Team will select 5 questions and answer them.
For more details: Hangry Animals – @HangryAnimalsCommunity Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
Part 1: 50 /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 50/5 users – Open chat for 120 seconds. You can post Max 3 questions. Integritee Team will select 5 questions and answer them.
For more details: Integritee – @Integritee_Official Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
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 Meta Stake Finance and our guest was . The AMA took place on the 18th of January.
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&WebSite
Robocop | Satoshi Club
Hello Satoshi Club community ! We are pleased to announce
today AMA with Meta Stake Finance
Pavel P
Hello everyone and Welcome to Satoshi Club!
Robocop | Satoshi Club
Today our special guests from Meta Stake Finance is
@febrianswita
Febriam Swita
Hello everyone.Nice to be here
Thank you for having us
Pavel P
@febrianswita, Glad to see you here today!
Robocop | Satoshi Club
Welcome to Satoshi Club! Febriam Swita !
Pavel P
How are you doing?
Febriam Swita
I am doing alright
I trust you are fine also?
Robocop | Satoshi Club
Yes, we are great and so excited to do AMA with Meta Stake
Finance
Pavel P
Absolutely! We’re excited to see you here!
Pavel P
Let’s start our AMA!
Febriam Swita
Let’s go
Pavel P
Could you introduce yourself, how you got into crypto and
especially Meta Stake Finance.
Febriam Swita
My name isFebriam Swita, i am the Founder of Meta Stake Finance.
I have a tech background as a software engineer. I ventured
into crypto in 2019 working for various blockchain projects as a full stack
engineer.
The idea of Meta Stake Finance is one that i have had for a
while since the Defi craze in 2020 but not until mid last year did development
start and here we are today still working on ensuring it is better fulfilled.
Robocop | Satoshi Club
By the way, can you introduce to us what is Meta Stake
Finance ?
Robocop | Satoshi Club
@febrianswita Hello?
Febriam Swita
Alright
For me i love to look at Meta Stake Finance as one of my
babies
You might not understand so i will explain it to you in
details
Meta Stake Finance is a decentralized finance ecosystem that
brings together in one place yield farming pools that allow participants to
earn rewards in the platform native token, $META.
The main product of Meta Stake Finance is our Staking pools
and we have developed them to cut across a variety of tokens so that
participants will not have to use different defi platforms all in a bid to get
staking rewards on a particular token
We have all the tokens you can think of for staking and you
earn rewards for doing so.
In addition our pools have been fully audited to be safe by
Techrate
Also our pools have been built in a way that it provides
value to $META token, we have put in a 5% deposit fee on non-Meta staking
pools, these fees is used to provide liquidity for $META thereby increasing it
liquidity and value in the long-term.
There is a lot of information about us that has been put out
already, you can look through our website
Haha ok, im afraid with Telegram issue like yesterday which user can’t connect
Pavel P
Besides you, how many people are working on Meta Stake
Finance?
Robocop | Satoshi Club
Thank you for the great introduction , its
so detail here
Febriam Swita
Currently we are 10 on the team
Pavel P
And I guess, everyone treats the project as baby
Meaning users will definitely see a great output finally!
Febriam Swita
Certainly, just like i said earlier, we started working on
it since mid last year.
Everyone who has come board put their hearts and skill set
into it
Pavel P
Thank you for the introduction! Let’s see Meta Stake Finance
in details with the questions from our community
Robocop | Satoshi Club
Thank you Febriam Swita, let’s continue to 6 community question from part 1 ?
Febriam Swita
Great, ready when you are
Pavel P
Q1 from Telegram user @Highpee
Your token will be launched on Pancakeswap with no presale, private sale and public sale event. Can you explain why you prefer to have this sale format and the exact day/time that you plan to launch? Also, it is said that your initial total supply will start with 500 but your token is inflationary and will have unlimited supply. Can you explain why you prefer an unlimited supply? How many $META will be available initially on Pancakeswap during fair launch and at what inflation rate will new tokens be minted? Also, how do you plan to keep token value healthy with this inflationary token style?
Febriam Swita
Nice question here, let answer it in details
The native token of Meta Stake Finance is called $META, it
is the basis of all the rewards within the Meta Stake Finance ecosystem.
We have decided to launch with no presale, private sale or
public sale event because we want to put out a fair system where everyone and
anyone can get to owe it at an equal level and opportunity.
Therefore the total initial supply will be added as
liquidity during our Stealth Launch process on Thursday.
Also about an unlimited supply preference, we decided at
that because $META will be used as a reward system for those who participate in
our farming pools
So if you have participate in any of our farming pools, you
earn $META as reward, this rewards comes from inflatory system put in place.
At the same time, we also have a mechanism of burning $META
token and boosting it value, the fees gotten when staked is used to add
liquidity.
This two way system will help balance things up and in the
long run make $META more valuable.
Robocop | Satoshi Club
Thanks for the detail answer, can you share the Tokenomics
$META to us ?
Febriam Swita
$META has a total initial supply of 500
We intend to put all of this as liquidity during the Stealth
Launch process.
I must add also that we have an anti whale mechanism in
place too.
Robocop | Satoshi Club
For burning mechanism, can you explain how much % token will
be burn and what event will cause the burn ?
Febriam Swita
The fee, 60% automatically buys more $Meta token and sends
to a burn address
Robocop | Satoshi Club
Thank you its clear answer , let’s continue to next question
?
Febriam Swita
Yes we can
Pavel P
Q2 from Telegram user @Cheriemike
Your platform is made up of various staking pools that enables users to farm various crypto options and earn passive income with APY offerings on each pools.So can you tell us the condition surrounding your staking pools?Since your protocol allows for single token staking,what will be the maximum/minimum amount of various crypto options users can stake?For example in your staking charts,suppose a user will want to stake $ETH or $DAI what will be the least/high amount to stake to earn $META?And will the APY users are to receive be equivalent to how much they stake or is the % of your APY fixed?Please explain Thanks
Febriam Swita
Yes we have various staking pools with the Meta Stake
Finance ecosystem, this pools allow various tokens to be staked for different
APY offering on each pool.
Also, there are no maximum or minimum amount of tokens that
can be staked on each pools.
The only conditions is that we charge a 5% deposit fee on non-$META pools.These fees is what is used to automatically add liquidity to $META token.
The APY calculation is based on the mechanism we have put in
place, it involves many factors such as number of participants in pools, time
of staking etc.
But the main point is that we allow it to be profitable to
participants while keeping value for $META token.
Pavel P
Are there a minimum period for staking applied?
Febriam Swita
When pools are open you can stake at any time but rewards
are not given immediately but until after 5days, this will reduce sell pressure
over time
Pavel P
Agree! Ready to proceed to the question nr. 3?
Febriam Swita
Yes
Pavel P
Q3 from Telegram user @Anne_Tim
From the visual point of view, Meta Finance’s website uses the same fonts, signs and logos as PancakeSwap. Does it mean that the project is created and developed by the same enthusiasts? If so, what advantages will it bring for those who use PancakeSwap and Meta Finance at once? Will we finally see one integrated into another to simplify the access and decrease waiting time when performing crypto operations? Thank you!
Febriam Swita
Okay, never expected this question though
About the visual point of view, we just needed something
simple and easy to navigate, it isn’t the same team at PancakeSwap building
Meta Stake Finance.
The only relationship is that, $META token will be launched
and actively traded on PancakeSwap
Robocop | Satoshi Club
Do we already possible to trade $META token? when is it?
also can you share the roadmap from Meta Stake Finance?
Febriam Swita
$META isn’t currently tradable
Our Stealth Launch will take place on Thursday
While on Saturday, our Staking pools will be open
Pavel P
Just in 2 days! A great opportunity for Satoshiclubbers to
join!
Robocop | Satoshi Club
Thank you for the answer, do you want to add anything else
or we can go to 4th question?
Febriam Swita
Non for now
Pavel P
Q4 from Telegram user @victorogb
I understand that Meta Stake Finance has planned a Stealth Launch of its Token this week amongst many other events. Can you briefly explain how this will work, will this launch be like a normal IDO event or will it be quite different? Also, in direct relation to this event as identified, I am particularly interested in your list of early investors, collaborators and partners; what sort of franchise and projects have deep and committed partnerships with Meta Stake Finance, and what sort of benefits will this partners and investors have on Meta Stake as a project and its community at large and may we know your efforts at forming future alliances with projects?
Febriam Swita
Yes, we are planning at Stealth Launch of $META token on
Thursday on PancakeSwap exchange.
We will be adding the total initial supply as liquidity and
open $META token to be available for trading by everyone.
On Saturday, we will launch also our Staking pools also to
allow participants stake in any of our pools to earn $META token as rewards
based on the APY offering of each pools.
We have whole lot of planned marketing activities that will
draw more participants to our ecosystem, there are also planned partnerships
with some top community to help push Meta Stake Finance to mainstream.
All these activities will benefits early adopters.
Robocop | Satoshi Club
Don’t miss this opportunity Satoshi Clubber!
Robocop | Satoshi Club
Can you share about partnership ? how about current partner
?
Febriam Swita
We will do when it is fully materialise
Pavel P
Got it! Let’s see the 5th question then.
Robocop | Satoshi Club
Got it , okay then lets continue to next question?
Pavel P
Q5 from Telegram user @Ecmq10
Hello Meta Stake team. You announced the launch of a referral program, where users will have the opportunity to earn META tokens as a reward for bringing new users to the META Stake ecosystem. How many referrals must we have at least to receive these rewards? How many META tokens will each user receive when referring friends? The airdrop will have a pool of $30,000 in META tokens, will that entire pool be for the referral program? Besides this program, is there any other giveaway or airdrop where the community can participate? Thank you!
Febriam Swita
The airdrop event is will be shared randomly but the top 20
referrers will get $250 worth of $META each
Pavel P
Could you also share your social network links with our
community
Robocop | Satoshi Club
Beside get reward for top 20 refferers, are there any other
benefit for having refferal ?
Febriam Swita
You will earn a little bit of reward in $META token
Robocop | Satoshi Club
Thank you for your answer, before we go to last question,
please share the social network link from Meta Stake Finance
Thank you for sharing, lets continue to last question from
part 1
Pavel P
Q6 from Telegram user @Emnking
I’m aware that Meta Stake Finance is audited by TechRate. While going through the audit report, I discovered that there is no major security issues expe//rienced. This is really amazing and proves that security of Meta Stake Finance protocol is commendable. But while going through the concluding aspect of the report, I noticed that TechRate categorically stated that the Liquidity Locking Details is not provided by the team. Was this a move you decided to take as a team not to disclose details about liquidity locking or something else? Please, can you share details about your locked liquidity?
We didn’t provide liquidity lock information because at that
time, we didn’t have $META listed
We will be locking liquidity immediately we launch on
Thursday Stealth Launch.
Robocop | Satoshi Club
Thank you, security is number one
Pavel P
Thank you for your great answers during this 1st part of our
AMA! Let’s proceed to the most exciting part – LIVE questions!
Robocop | Satoshi Club
Thank you Febriam Swita, it has been an amazing time in this first part of the AMA.
Is time to proceed with the second part, the live segment,
are you ready?
Pavel P
We will open chat for 120 seconds for a wave of questions to
come. When the chat is closed back please choose 10 questions to answer
Febriam Swita
Yes
Robocop | Satoshi Club
@febrianswita we will open chat for 2 minutes and then chat will be closed
You can start select 10 best questions !
Febriam Swita
I am ready
Pavel P
Let’s ROCK!
Robocop | Satoshi Club
Chat will be open in 3
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Sulyvahn_DS
You have a Time lock on Reward why did you choose to do so and how much is this time lock ?
Febriam Swita
Time lock on reward will help reduce sell pressure from those who want to sell always, by implementing time lock on rewards, we keep the value of $META token up.
Q2 from Telegram user @Antonio287
After Facebook changed its name to “META”, Many Crypto projects have emerged & their name is starting with the Meta? What could be the reason?
Febriam Swita
For now we are just focused on Staking pools.As we move forward with development, we will bring in more products and these will be related to Metaverse Games
Q3 from Telegram user @Sulekh1979
I Wants to ask you that What Fees is Charged for the following :
1.All Meta farm and staking pools
2.For all non META farm and staking pools ?
Febriam Swita
For non-Meta pools there is a charge of 5% while $META realated pools have zero charges
Q4 from Telegram user @cindy0666
What exchange will $META launch on? Will there be a pre-sale, private sale, or general sale?
Febriam Swita
No presale, we will have a Stealth Launch process where all the initial total supply is added as liquidity
Q5 from Telegram user @Ratash97
What are the various crypto options your farms has to offer ?
Look through these and you will find the various options for staking within our pools
Q6 from Telegram user @Khalinai
Q.1-Increasing Token price 2- make Token Valuable 3-Building Community Trust From 3 aspects above,. I want to ask,. Which one the most important for you?? If all above are important for you,. Which one that Will you do first??
Febriam Swita
All of the above but most importantly building the community because Community will make all others a reality
Q7 from Telegram user @Khalinai
How many team members do you have? Do they have enough experience in the blockchain field? Do they have any experience on working in crypto and non-crypto project?
Febriam Swita
We have 10 members on our team currently with experience spanning more than 3 years
Q8 from Telegram user @atharv_989
I See that 5% is charged on deposit for every non-Meta farm & Staking Pools.Where is this fee used?
Febriam Swita
The fee is automatically used to buy more Meta token and sending it to a burn address. This will increase liquidity for $META and make it more valuable
Q9 from Telegram user @munishgmr
As token is planned to be listed on pancakeswap, When will be it available to buy the tokens? Is there any other way to get the tokens?
Febriam Swita
On Thursday
Q10 from Telegram user @Tavasya23
Meta Stake Finance is built on the Binance Smart Chain (BSC) , Would You Explain in Brief Why You Choose the BSC CHAIN Intially and Do META STAKE Finance Is MULTI CHAIN COMPATIBLE ?
Febriam Swita
As part of our development, we will have multiple chains but for now we are Launching on Binance Smart Chain
Part 3 – Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
For more information and future AMAs, join our Social Media channels:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Meta Stake Finance Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Meta Stake Finance
For more details:
Meta Stake Finance Website – metastakefinance.com
Meta Stake Finance Telegram – @MetaStakeFinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
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 Single Finance and our guest was . The AMA took place on the 17th of January
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&WebSite
Gold Rocket | Satoshi Club
Greetings, dear Satoshi Club community! We are pleased to
announce AMA with Single Finance
Today our guest is @jaheemleh
Gold Rocket | Satoshi Club
@jaheemleh hello and welcome to Satoshi club!
Kenny Denton Jr.
yohooo!!
Kenny Denton Jr.
hello everyone
My honour to be here
Gold Rocket | Satoshi Club
How are you doing?
Kenny Denton Jr.
can’t be better, and you?
Gold Rocket | Satoshi Club
We are really excited about upcoming AMA with you
Andrés M. | Satoshi Club
Nice to meet you
Gold Rocket | Satoshi Club
Let’s start! Introduce yourself please. How did you get to
be involved in crypto & Single
Finance
Tell us please about your position in Single Finance
Kenny Denton Jr.
Sure
I am the Chief Farming Officer and co-founder of Single
Finance and also the guy behind the whole product! So you may ask me anything
about the product and farming strategy. Single Finance is a super intuitive
platform to all your DeFi investments minimizing correlations to the general
market.
We can’t say we are seasoned in DeFi – it’s a new gift
brought to the world not long ago – but we can confidently say we have been
involved since the early days, managing our own farms. But then one day we
messed up big time when our positions got liquidated during market collapse.
We were farming a pair at 3x leverage but suffered a flash
loan attack. The platform locked all actions while the asset price dropped 80%
in just a few minutes, and we got liquidated and lost 105% of our capital from
the position. We thought we could have at least gotten half of our capital
back, since we monitored the position very closely. Even though we had stared
at the screen every minute, our effort was in vain – thanks to the platform
policies and extreme volatility.
We don’t want to repeat this ever again and we have then
decided to build our own platform with all the bots and strategies and metrics
that we ourselves find useful and that’s Single Finance.
We have some super strong engineers of course, and we are
very proud to have farming experts and data scientists in our team. And you
will see how they contribute to this wonderful platform soon.
Andrés M. | Satoshi Club
Interesting experience, but is something to learn of
Andrés M. | Satoshi Club
So, are you working with AI developers?
Kenny Denton Jr.
yes, on project basis
Gold Rocket | Satoshi Club
Give us a brief introduction to the project. What is the
essence of Single Finance
Kenny Denton Jr.
3 things you will have to remember us, just 3 things!!!!
Single Finance is a DeFi investment platform with a human
touch – we aim to provide all the tools and strategies that suit you just
right:
Single Click Pseudo Market-Neutral Strategy to minimize
impermanent loss
Single Finance is bringing a human-centric, ultra
user-friendly experience and capital protection to DeFi, helping everyone earn
more money with an ease of mind. The primary goals of both new and experienced
farmers are simple: to earn high yields without suffering too much impermanent
loss or being liquidated in a flash. Single Finance users can simply supply
assets and enjoy our pseudo market-neutral liquidity mining strategy with just
a single click.
Marked-to-USD Capital Protection Bot
The best thing about Single Finance is that everything is
marked to USD. Not only is APY worked out in USD, our capital protection
mechanism is based on your initial investment principal valued in USD.
Therefore, Single Finance strategy users won’t lose more than 15% of their
capital in USD, as their capital is protected by a stop-loss bot and a
rebalancing bot. Just pick your favourite liquidity pairs and leverage exposure
on Single Finance, and our bots will handle the rest to keep your capital safe
and your sleeps tight.
Liquidity Pool Time Machine
This groundbreaking feature provides real return performance
data, including trading fees, DEX yields and price impact, to help users pick
their winning pairs. Time Machine also allows users to compare the performance
between farming a liquidity pair versus holding the non-stablecoin asset of the
same liquidity pair.
Andrés M. | Satoshi Club
That sounds like excellent tools for exchanges, are you
working with some of them directly or do you have your own Dex?
Gold Rocket | Satoshi Club
Yeah… It’s really amazing
Kenny Denton Jr.
no, we don’t have our own DEX. so we spend huge effort in searching for
quality partner, like VVS, the largest DEX on CRO
Gold Rocket | Satoshi Club
Also we would like to know more about your team. Who is on
the project team core?
Andrés M. | Satoshi Club
Oh great name, congratulations
Gold Rocket | Satoshi Club
good partners are the key to the success of the project
Kenny Denton Jr.
Expect experienced IT experts and people from traditional banking industry, we have members who was flying commercial planes as a captain, lawyers who started investing crypto who self learnt to become programming experts.
all these people are determined to develop their careers in
Defi and now we are in the same office cooking something great
Gold Rocket | Satoshi Club
Do your team anonymous?
Kenny Denton Jr.
this is a tricky question.
we try not to be but for some legal issues of some countries, this is
the best option for us to protect the project and the development.
Andrés M. | Satoshi Club
Great, Kenny, happy to know about your team, know we are
even more excited to learn about Single Finance. Are you ready to proceed with
the community questions?
Kenny Denton Jr.
sure
Gold Rocket | Satoshi Club
thanks for your great introduction
Andrés M. | Satoshi Club
Q1 from Telegram User @Ecmq10
Hello Single Finance team. On your website there is a header that says that the $SINGLE tokens are not yet available for sale, and that the date of the sale is planned for January 19. Can you tell us more details about this sale? I would like to know more. On which platform will it take place? How much will be the allocation of $SINGLE tokens that will be allocated for this sale? Can we participate without registering on a whitelist or do we have to register? What will be the payment methods accepted in this sale? Will you hold a single event or do you plan to hold multiple events on different platforms? Thank you!
Kenny Denton Jr.
Thank you. Looks like
you have not joined our TG or visited our twitter. Honestly you have already missed the chance
to get qualified for the VVS IGO, as you have to stake a specific amount of VVS
for 7 days
BUT we are getting listed on VVS on 19th JAN following up by a double listing on MEXC and gate.io (http://gate.io/) on 20th JAN
For marketing events on these platforms, join our TG for
more info. and if you have any question,
tag our TG admin and you will be answered shortly!
Gold Rocket | Satoshi Club
Great news!
It is very important to have good listings
Kenny Denton Jr.
sure!
Andrés M. | Satoshi Club
Congratulations, why you decided to do an IGO and not an
IDO? What is the difference or benefits?
Kenny Denton Jr.
Well, as you heard VVS was searching a quality project to be
its first one of its launchpad and VVS supporters had waited for like 6
months. They finally decided to pick us
for some good reasons. this gives an
good impression to our investors for sure.
the benefits of having an IGO is that the launch is preheat,
organised, and somehow allow us to promote our product in a better way.
you can noticed there are a lot of youtube VDO talking about
this!
Andrés M. | Satoshi Club
Thanks for the clarification, our best wishes for this
important event for Single Finance
Andrés M. | Satoshi Club
Q2 from Telegram User @ProwGrowl
One more initiative brought by Single Finance is Capital Protector Bot. Besides the idea of easy, fast and predicted strategy used by Bot, how does exactly it operates especially is this volatile market? As a potential user of bot, can I set all position price changes in advance to make right decisions in case of necessity? Are the people who use bot protected from liquidation?
Kenny Denton Jr.
thank you. you know,
stop loss is not a rocket science, esp when you are investing in the
traditional financial world, we just bring it here to the DeFI world. very often you will see super high APY in
some DeFi platform that we think it’s misleading, without considering the
assets price itself.So with the stoploss bot together with out fair
presentation of your capital position in USD, you have a very clear visibility
on the risk exposure of your invetment decision. you are then far from being liquidated
Gold Rocket | Satoshi Club
we understand you
Andrés M. | Satoshi Club
Thanks for the answer, could you tell us in which kind of
market can we use your bots? Is most useful on futures, spot, margin trading?
Or is the same for each trading style?
Gold Rocket | Satoshi Club
We all work with high risk assets
Kenny Denton Jr.
all yield farming trades on our platform, whether it’s
leveraged or not
Andrés M. | Satoshi Club
That’s what I called inclusion, every trader is welcomed
Andrés M. | Satoshi Club
Well @jaheemleh are you ready to go with the next question?
Gold Rocket | Satoshi Club
Thanks for your great answers
Kenny Denton Jr.
can’t wait longer
Andrés M. | Satoshi Club
Q3 from Telegram User @Modrumz120
I learnt that The total supply of SINGLE is 1,000,000,000 can you tell us the requirements needed for $SINGLE token holders to be able to participate in protocol governance and what will be Their benefits in $SINGLE token to early token holders? You also mentioned that SINGLE token holders can participate in protocol governance by staking SINGLE for xSINGLE in the future. Can you elaborate more on how this staking process will work and how does it tend to benefit the $SINGLE token holder?
Kenny Denton Jr.
Talking about protocol governance, we have put in our
roadmap for coming year end and to be honest we have not reached a details
conclusion but we think that something like what is CURVE doing is good.So stay tuned to our
channels, and you will know the latest update
Gold Rocket | Satoshi Club
By the way, we will be grateful if you share your roadmap
Let’s proceed with the new question if you don’t mind
Kenny Denton Jr.
sure
Andrés M. | Satoshi Club
Q4 from Telegram User @Danniblaiz
Of recent, many Decentralized exchanges have been exploited in one way or the other. Of known is the recent exploitation of Cronos, the Ethereum Virtual Machine (EVM) compatible network launched by cryptocurrency exchange Crypto.com. There are many other DEXes that have experienced similar event as well. What is single finance putting in place to ensure that bugs and exploitation like this is avoided and users information and assets secured? Regarding security, you got your first audit report from Certik on 22 Dec 2021, and I read that you will be getting your second audit done in Q1 2022. How was the audit with Certik and what really primed Single finance to want to do a second audit? Would there be other audits in the future as well?
Kenny Denton Jr.
Talking about audit, you will soon be seeing our name on
Certik, I heard the update from my team is like within 48 hours. other than that we plan to get a second
audit, we will let our fans know once we have decided who is this.
hackers are everywhere and the key is that our developer
keep upgrading themselves by acquiring the most updated trend and knowledge in
the market.
Andrés M. | Satoshi Club
Great job, congratulations to your team for this important
milestone
Andrés M. | Satoshi Club
Would you like to add something before the next question?
Kenny Denton Jr.
Guys, dont miss our double listing on 20th JAN 1800hrs
UTC+8, plus all those marketing events, free SINGLE tooken!!!!
Andrés M. | Satoshi Club
Amazing opportunity. Btw, what will be the listing price and initial market cap?
Well, 5th question is knocking the door, let’s proceed.
Thanks for your clear answers
Gold Rocket | Satoshi Club
Thanks for your answers
Andrés M. | Satoshi Club
Q5 from Telegram User @JesusFre1tes
It comes to my attention that Single Finance has a “pseudo market neutral” strategy. Can you explain us what are the main applications and benefits that this strategy offers to the users of your platform? How does this approach make Single Finance a super intuitive platform for all my DeFi investments and minimizes correlations with the overall market?
Kenny Denton Jr.
when you are farming a pair of crypto currency, let say
CRO/USDT, with 3x leveraged, with 1000 USD.
you will borrow $3000USD CRO so you are holding but on the other hand
hedge all your position by borrowing which makes you almost risk free.Single
Click Pseudo Market-Neutral Strategy to minimize impermanent loss
Single Finance is bringing a human-centric, ultra
user-friendly experience and capital protection to DeFi, helping everyone earn
more money with an ease of mind. The primary goals of both new and experienced
farmers are simple: to earn high yields without suffering too much impermanent
loss or being liquidated in a flash. Single Finance users can simply supply
assets and enjoy our pseudo market-neutral liquidity mining strategy with just
a single click.
Andrés M. | Satoshi Club
An innovative strategy for a volatile market
Gold Rocket | Satoshi Club
it is very important to get high yields and not have
irreparable losses
Gold Rocket | Satoshi Club
Thanks for your explanation
Andrés M. | Satoshi Club
Btw, do you have guides about how to use those tools
correctly?
Kenny Denton Jr.
Yes, we are preparing some vdos. but as the name Single Click suggests, just a
click!
Gold Rocket | Satoshi Club
Great answers
Gold Rocket | Satoshi Club
Many thanks
Andrés M. | Satoshi Club
Excellent, we will be waiting for the videos to use
correctly the amazing features you offer to the market
Kenny Denton Jr.
yes, wont be a long wait
Andrés M. | Satoshi Club
Well, time to proceed with the last question of this first part of the AMA, it has been an amazing time learning about a strong project
Andrés M. | Satoshi Club
Q6 from Telegram User @Antoni_azx
According to your roadmap for the beginning of this year your LP Time Machine will support Ethereum and Binance Smart Chain data, however I could see that you will seek alliances with companies like Avalance and Cronos, could you tell us if the compatibility of the LP Time Machine could be extended to more chains? Also, taking advantage of this topic, could you tell us the main advantages of this feature? How will users benefit for the long run?
Kenny Denton Jr.
So, it will support evm chains at first which covering a lot
of pairs. surely we will be moving to
other chains to have a bigger picture.
The value of it is clear, to allow you to make a better
decision before you start trading a pair.
just like a back test, with simples clicks.
Andrés M. | Satoshi Club
Which chain is your token developed on and why?
Gold Rocket | Satoshi Club
it would be great to get information about tokenomics
Kenny Denton Jr.
Home chain is Cronos.
Because we believe CRO has a lot of potential and it’s back by
Crypto.com, and now we are the 1st LYF platform on it
Andrés M. | Satoshi Club
Yes, meanwhile, prepare your questions, Satoshiclubbers
Kenny Denton Jr.
Andrés M. | Satoshi Club
Completely agree, is a good chain with similar features with
your project
Thanks a lot for share it and for your complete answers, now
we are ready to go with the second part of the AMA. The live segment is coming
Kenny Denton Jr.
love it
Gold Rocket | Satoshi Club
Great! Btw, share with us all useful links to your social media
Kenny Denton Jr.
Don’t forget to follow social media and join our group
during the AMA session
Part 2 — live questions from the Telegram community
Q1 from Telegram user @UAEhamdan
A lot of projects tend to launch only on DEXs forgetting how helpful it is to launch on CEXs as well so are you guys willing to list your token on centralized exchanges ? and can you give us a name of at least one of them too ??
Kenny Denton Jr.
Thank you. the reason that not to be listed on CEX is that the listing fee may be high, and not every project is backed by strong VC and investors. but this is not the case for us, we are double listed on CEX
You will know the CEX names if you follow our TG
Q2 from Telegram user @emmy066
Can you tell us about Single Finance’s global expansion plans? What are you currently focusing on for expansion and adoption?
Kenny Denton Jr.
Good one. we will be supporting more chains in the near future and with the expansion supported by the time machine, we know we are going to the right direction
Q3 from Telegram user @hansoyeon
Can you give an overview of the functions and benefits of the $SINGLE token?
Kenny Denton Jr.
The SINGLE token four main utilities: Decrease the performance fees paid to Single Finance Lab. Increase the mining rewards. Access exclusive Single-click strategies that provide higher returns and lower risks. Claim our exclusive NFT in a limited period.
Q4 from Telegram user @adaatalay
Do you have a coin burn or redemption system to increase the coin value and attract investors?
Kenny Denton Jr.
If you have read our Litepaper, you know part of the performance fee collected is for buy back and burn, and the fame to fuel the rocket to the moon!
Q5 from Telegram user @cenkkargin0666
Can you tell us about Single Finance Lab, what are the fees for Single Finance Lab? What are the ways to get a discount in Single Finance Lab?
Kenny Denton Jr.
We will release more details on the fee. and by staking SINGLE on our platform, you can lower the fee to a very very low level. stay tuned and perhaps we may issue our own NFT for you to stake and lower fee as well.
Q6 from Telegram user @Tommy_UK
On your platform will there be an option for portfolio Management / Analysis?
Kenny Denton Jr.
Yes! it’s marked in USD on the capital you have invested. clear to understand the profit and loss without misleading APY, you will like it
Q7 from Telegram user @Crypto_84
Recently you said that you have done the audit with “CERTIK”, Is the report ready? Or can you tell me when will it be ready?
Kenny Denton Jr.
Like I said, Certik will put our names on the website within 48hours, that’s what we heard from Certik side today
Q8 from Telegram user @iam12312
To be frank I was not aware of the VVS Finance Platform before, Why did you choose this platform for the my IGO Event?
Kenny Denton Jr.
As long as Cronos chain grow, the projects, including us will become more popular, thats why we chose cRO as home chain. if you look at Defi lama, you will notice the TVL of VVS is doing good and the ranking is high
Q9 from Telegram user @mercy_global
I see that there is a Startup Free offering event on Gate platform, Can you please give more information on this offering?
Kenny Denton Jr.
Oh……just go there, stake some gate token and you can participate in this exciting game with free SINGLE. act now and open an account.
Q10 from Telegram user @boksiu
Do you consider suggestion from community ?
Kenny Denton Jr.
Of cause, we will also be holding focus group sessions in the future to understand more thoughts from the community to improve the platforms, love the feedbacks
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:
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 Business Age Of Empires and our guest was . The AMA took place on the 17th of January.
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.
Jonah 🏅🎹
| Satoshi Club
Hello Satoshiclubbers Welcome to Another AMA session
Pavel P
No breaks, no pauses! Welcome to our next AMA session with
Business Age of Empires!!!
Jonah 🏅🎹
| Satoshi Club
We are pleased to introduce to you our guest from BAoE-
Business Age of Empires @hagivo557
Jonah 🏅🎹
| Satoshi Club
Hello @hagivo557 welcome to satoshi club
Pavel P
@hagivo557, Welcome to Satoshi Club!
Pavel P
Our guest might also have some issues with Telegram. Let’s
wait for him!
Jonah 🏅🎹
| Satoshi Club
We are aware that Telegram is down presently in some
regions…. Alot of people are also not
able to access Telegram at the moment, so let’s be patient a bit..
Hello @hagiVo
Pavel P
@jonahapagu, have you ever played Age of Empires?
Jonah 🏅🎹
| Satoshi Club
No I’ve not
Jonah 🏅🎹
| Satoshi Club
Have you?
Pavel P
It’s a game I spent a lot of time when I was young. But while
preparing for AMA, I have downloaded it again yesterday.And was lost there for
3 hours
Jonah 🏅🎹
| Satoshi Club
Oh wow… we might as well do an AMA with you on BAoE
Pavel P
So, need to ask our guest why have they chosen this name as
the upcoming project seems to have nothing with the original PC game
Jonah 🏅🎹
| Satoshi Club
That’s actually a Good question, maybe they have plans of
replicating same game scenario in the future
Jonah 🏅🎹
| Satoshi Club
Hello @meilin272 @lvouc
Pavel P
I think we can finally have our guests here soon!
Jonah 🏅🎹
| Satoshi Club
Seems like @hagivo557 is back online
Marlinn ||Never DM You First
We are very sorry for the technical problem from Telegram in our country. We cannot connect any account and send the messages on Telegram.We have tried to contact you through Twitter but there is no reply
Pavel P
So, you are able to type now?
Jonah 🏅🎹
| Satoshi Club
Oh it’s a good thing we have you here, we are aware telegram
has technical issues at the moment..
Btw welcome to Satoshi club
Marlinn ||Never DM You First
We are trying our best to connect with the Telegram again.
We will come back soon. Sorry everyone for this incovenience!
Jonah 🏅🎹
| Satoshi Club
Ready to proceed with the AMA now?
Mei Lin
Hello everyone, I’m Meilin from BAoE. Sorry guys for our
inconvenience
Shall we start AMA now?
Jonah 🏅🎹
| Satoshi Club
Yes let’s start
Jonah 🏅🎹
| Satoshi Club
Can you give us a brief introduction about yourself and the
project BAoE?
Marlinn ||Never DM You First
Good day, everyone. Today I am really excited to participate
in the AMA on BAoE channel. Let me begin by introducing myself. I’m Hagi Vo,
the CEO of BAoE and I’m so glad to be here to answer all of your questions
about our project.
Pavel P
Glad to see you here!
Jonah 🏅🎹
| Satoshi Club
Thank you.. and Welcome.. ready for our community questions?
Marlinn ||Never DM You First
yes, let’s begin
Pavel P
Q1 From Telegram User @UncleStrange1
I understand that the BAoE game has five distinct playing areas. Different lands and experiences await gamers on every new map. The map will also be able to interact with cyborgs, as well. Volcán de Magma, Snowland, Arazonia, Metállo and Satahama are the five playing areas in BAoE game. Also players can buy summon boxes in the market and can open 20 boxes. Can you elaborate more on these five distinct playing areas in the BAoE game? Do they have equal amount of resources? What are the unique qualities of the five playing areas? Will a player be entitled to 20 summon boxes a day? How much is each summon box worth in the BAoE?
Marlinn ||Never DM You First
– The map and characters interaction is very important in
our game. With a magma cyborg, players will earn more if they play in the magma
map, and on the other hand, if players have a magma cyborg and they play in ICE
map, they can not earn as the ice cyborgs.
– The amount of 5 maps are equal, but one thing players need
to know is that the higher level their cyborgs are, the more chance they get to
achieve the valuable gems.
– The price of the box will be announced later but we can
reveal that the price for a box will be pretty cheap so that everyone can
access to our game.
Pavel P
Great attitude! Let’s proceed to the next question!
Pavel P
Q2 From Telegram User @MudaraSilva
From your total supply, the greatest portion (35%) has been allocated for Play to Earn rewards. Thank you for that decision. Can you explain how players can receive better rewards? When calculating P2E rewards for each player, what type of factors do you consider? Is it enough to participate in the game or do you pay attention to the performance too? To participate in the game, do players need to pay an entry fee or hold your tokens? P2E is a common model available on plenty of platforms. Have you made any differences when introducing that model to BAoE? Please briefly explain about the nature of the user experience on BAoE platform with this P2E model.
Marlinn ||Never DM You First
What an interesting question!
– We do not limit the numbers of cyborgs that players can
buy. Therefore, the more cyborgs they own, the more earnings they achieve.
– Players need to have logic when playing. For example, in
the Ice map, they should use Ice cyborg to be able to maximize their earnings.
– To participate in the game, players need to pay a little
fee to buy the box and open to get the cyborgs. After that, players can start
playing and earning from the game. The fee for a box will not be expensive
because we want everybody can experience and earn from our game.
– Each cyborg has its own parameters including turns, fuel,
drill, and speed. The higher level of your cyborg is, the higher parameters
they get.
Jonah 🏅🎹
| Satoshi Club
This is great for all players
Marlinn ||Never DM You First
Thank for your question
Jonah 🏅🎹
| Satoshi Club
Thank you for your Answers..
Pavel P
Could you share your full tokenomics as we have already
touched this 35% percent portion?
Mei Lin
Please go through our full tokenomics:
The advisor team will receive 5%, and the advisors have
accepted that they will not be able to unlock any tokens at the time of T.G.E.
In the seed round, investors can own 2.5% of the total amount of tokens, and
the private sale is allowed to buy 8.5%, and investors in these 2 rounds can
only unlock 8% at T.G.E.. The project will also attract more investors when
opening IDO. Investors who join the whitelist round will receive 2% of the
total supply. Team, ecosystem fund, and marketing team will get 14%, 4%, and
10% respectively. 35% of the total supply is distributed for ‘PLAY TO EARN”
pool. Liquidity accounts for 5%, staking 10%, while reserve pool is 4% of the
total. I believe that clearly allocating tokens to each array like this will
help people to put their trust on our project. We also have a good news for
BAoE holders. Regarding token allocation, token holders in early buying rounds
are all long-term shareholders of the project and will be shared 20% of the
project’s profit. Investors can completely check the tokens in these wallets on
BSC Scan to see if everything is transparent.
Jonah 🏅🎹
| Satoshi Club
Thank you for this
Jonah 🏅🎹
| Satoshi Club
Do you want to add anything or can we go to the next
question?
Marlinn ||Never DM You First
Mei Lin
Let’s move on
Pavel P
Q3 From Telegram User @chinyere2020
I learnt that the Business Age of Empires game has to game modes which are; the “Single play mode” and the “PVP mode”. The PVP mode is said to be introduced in order to improve competitiveness in the BAoE game. Can you give more information about the PVP mode? It was mentioned that the system will select a pair and pick the map. Will there be a provision for users to select their preferred map? Will there also be any provision for users to pair with a friend (like a local multiplayer mode)? The two participants will agree to bet a certain number of tokens and begin mining. Is there a minimum number of tokens that users will be eligible to bet?
Mei Lin
– To boost competitiveness in the game, PvP mode will be
created. In PvP mode, cyborgs will battle to maximize earnings. The system will
select a pair and pick the map. Following that, two participants will agree to
bet a certain number of tokens and begin mining. After estimated minutes, which
Cyborg can mine more gems will receive all the tokens.
Mei Lin
– The map is picked randomly to make sure the fairness
between players.
– About playing with friends, we have thought about this
idea and we are planning to develop it so that our players can have more fun
when playing the game.
– The two participants will negotiate with each other to
make sure both of them bet an equal amount of tokens.
Mei Lin
Done
Jonah 🏅🎹
| Satoshi Club
Will be a great Idea to have players decide their opponents
too..
Pavel P
A question from me, we discussed while waiting for you, what
does the name of the project has with the original game Age of Empires?
Mei Lin
That’s an interesting question!
Mei Lin
I think most gamers are quite familiar with the Age of
Empires game, right? Many gamers love this game and spend a long time playing
Age of Empires. It has been developed for a long time and still maintains a
number of players. I am also very passionate about this game, also plowing the
country, immersed in the game when I was a student like everyone else. And when
the NFT game trend emerged, I spent a lot of time researching this area. I
asked myself why not convert a good game like this into a “play to earn”
mechanism to attract more players, as well as help players, earn money from
playing this game. So yes. “Age of Empires” is the inspiration of BAoE. And up to now, I’m proud to say that my hope
has nearly been turned into reality.
Jonah 🏅🎹
| Satoshi Club
So is the game scenario for yours exactly as that of Age of
Empires?
Mei Lin
No for sure, sir. It’s just the inspiration
Pavel P
Exactly, I lost 3 hours of my life there yesterday after a
15 years break
Pavel P
Hope BAoE will have the same success!
Mei Lin
Thanks so much for your compliment!
Pavel P
Thanks for your answers!
Ready to proceed?
Jonah 🏅🎹
| Satoshi Club
@Pavel_Jarosh was
expecting the same
Mei Lin
Yeah
Jonah 🏅🎹
| Satoshi Club
Ready for next question?
Mei Lin
Can we move the next question?
Pavel P
Q4 from Telegram user @sunny_steel
When analyzing the primary utilities of BAoE token I found out that besides the main one that gives players a possibility to play any games of Business Age of Empires there’s one more – a staking program allowing investors to select a project or stake package to begin investing. Please reveal the main requirements for staking program participation: the minimum amount of BAoE to stake, periods of staking and ARP. Do all the projects presented are a subject to staking? Thanks!
Mei Lin
That’s really a challenging question for us to answer at the
moment
Mei Lin
The staking system is being developed and we will reveal
more information about it later.
Pavel P
Sure!
Jonah 🏅🎹
| Satoshi Club
We will be on the lookout for more information when they are
ready
Pavel P
Seems like I sent the 5th question before the 4th one. Let
see it now!
Mei Lin
Okay, go ahead
Pavel P
Q5 from Telegram user @LuckyStrike_0
I see that your BAoE token works with the BSC network, do you plan to keep it that way or do you have plans to add operability with other chains in the future? Where and when can we start buying BAoE? What will be the process to withdraw the earnings and how fast will the process be? Will there be any commission charged? How long will be the waiting time to have our in-game BAoE available in our wallets?
Mei Lin
Thanks for your question! About listing, we are going to
list our token on PancakeSwap at the end of January or the beginning of
February
– Yes. Our game will include the commission charge. We will
announce clearly about the charge before the game release so that everyone can
know all the information about our game
– Investors will receive their BAoE token on the BAoE token
listing day. We will not announce the exact date right now but all information
will be updated on our social channels.
Jonah 🏅🎹
| Satoshi Club
Great..there are so much to lookout for
Mei Lin
Done
Pavel P
That’s a note for everyone to keep up with BAoE official
social networks!
Jonah 🏅🎹
| Satoshi Club
Regarding issues such as commission e.t.c will you set up an
active DAO system?
To enable users decide on things like this
Mei Lin
We are planning for this
Jonah 🏅🎹
| Satoshi Club
Great…
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers
Jonah 🏅🎹
| Satoshi Club
Ready for the last question for this Part?
Mei Lin
Sure, sir
Pavel P
Q6 from Telegram user @Emidm28
You emphasize that in terms of providing a gaming experience, the NFT gaming sector is restricted. Can you elaborate more on this and share with us the reasons why you think this is happening? What other restrictions and limitations do you think the NFT gaming sector is currently facing? To which of these limitations does Business Age of Empires offer a solution? How do you guarantee a pleasant gaming experience for users? Regarding this, security is very important, how do you prevent hackers from accessing the game?
Mei Lin
Our objective is to focus on gameplay while yet keeping the
easy points in game mode to keep up with the trend. Then, instead of
“click to gain,” users will be instructed to play the game based on
reasoning and talents to generate money. The game’s aesthetics will be refreshed
on a regular basis to improve the player experience.
To answer the question: What other restrictions and
limitations do you think the NFT gaming sector is currently facing?
Individuals unfamiliar with the NFT or blockchain industry
will find it challenging to keep track of token pricing. Following the game’s
release, the token price rose, and many novices dropped out due to a lack of
finances to continue.
Finally, the possible hazards of hacking and third-party
software pose concerns about token inflation and vandalism in the game.
Another restriction: Additional
– No Intellectual Property Rights:
– NFT Fractions and Index Funds Can Be Unregistered
Securities
– Anti-Money Laundering (AML) Efforts Can Impact Your
Activity
– Data Hosting and Information Safekeeping
– Data Protection Regulations
To which of these limitations does Business Age of Empires
offer a solution?
The game’s return on investment (ROI) algorithm is designed
to maintain fairness for new and experienced players alike. The security
mechanism would have blind spots and random selections to prevent hackers from
getting into the game.
Mei Lin
How do you guarantee a pleasant gaming experience for users?
– NFT game initiatives are transforming the gaming industry
today thanks to the use of blockchain technology to encrypt in-game assets.
Because of this, BAoE intends to establish a new generation of game ideas based
on blockchain and NFT. It is our goal to construct a long-term, sustainable
community where players of all ages can grow their mental and physical
abilities to the fullest.
Hope that you guys can have more information abt our project
through these answers!
Pavel P
That’s indeed – very detailed answer! Thanks for this 1st
part of our AMA!
Mei Lin
Before moving next section
Jonah 🏅🎹
| Satoshi Club
You have provided well detailed answers
Pavel P
Before we proceed to the second part, please share your
useful links
Mei Lin
We would like to show you guys some game images
Marlinn ||Never DM You First
Please take a look at our game demo video to understand more
about our project
Jonah 🏅🎹
| Satoshi Club
Great Idea we will love to see them
Pavel P
Absolutely!
Mei Lin
This is the very first game demo from us.
Hope you will be interested in our game.
Jonah 🏅🎹
| Satoshi Club
Thank you for sharing this..
Jonah 🏅🎹
| Satoshi Club
Sure.. we also do have a lot of Gamers here
Jonah 🏅🎹
| Satoshi Club
This looks Amazing
Mei Lin
We are trying our best to deliver the testnet game asap.
Please keep following us!
Pavel P
And what can better – to play and earn at the same time!
Mei Lin
Shall we move to next section now?
Jonah 🏅🎹
| Satoshi Club
Yes we will open chat for 100 secs
Pavel P
Before we proceed to the second part, please share your
useful links
Mei Lin
Here are our social channels for all updated information,
please join us now!
Is your game different from current nft games?? What are its advantages and why should investors focus on this game???
Mei Lin
Thank you for your inquiry. I’m looking forward to addressing this question as well. I’d like to highlight some of the game’s strong qualities.
To begin, the game is intended to appeal to players of all ages. The team will introduce new features and gameplay with each update version to keep users entertained. With a history as a technology business, the BAoE team constantly strives to bring genuine technology to the project.
In addition to the foregoing, in order to retain players and holders, BAOE team decided to share 20% profit of the game among investors.
Q2 from Telegram user @lia_mar204
I can’t help notice about the character of BAoE. How many types of cyborgs are there and what equipment does each cyborg have? Thank you
Mei Lin
For the first version of the game. There are 20 cyborgs that are divided into 4 classes: common, rare, super rare, Ultra Rare. The higher class is more powerful than the others. Inspired by nature, the game builds the aspects of Cyborgs and maps with 5 main elements:
Magma,Ice, Wood, Metal, Sand
In order to increase the challenge as well as bring logic to the game, Cyborgs with the same element as the environment will be increased with speed or strength indicators.
Additional items that can be attached to the vehicle include:
Bomb/drill which is used to destroy layers of hard rock vertically or horizontally depending on the vehicle’s direction
Detector:
Used to illuminate the area
Processing storage
Can be placed anywhere depending on the player’s tactics. When bringing resources back, the factory will process them to convert to money and free up the storage space in the vehicle.
Q3 from Telegram user @Markeu123
What’s your plan to develop the BAoE community?
Mei Lin
We already have country-specific groups. Additionally, the admin staff will always be accessible to assist you. We shall make an effort to diversify the language so that we can respond to you in a variety of languages. Our long-term aim is to spread BAoE all over the world so that everyone can experience our game. We have opened a lot of local group chats on Telegram and Discord so that everyone in the whole world can join and discuss in our group. We are always ready to answer all of your questions. Besides, we also organize many events with valuable rewards to attract more investors access to our project.
Q4 from Telegram user @jinxmanie
Please share a little bit about the your plans in the near future.
Mei Lin
Good question, sir.
First, we are glad to announce that our first round of IDO has taken place successfully. In the near future, we will continue to launch other rounds of IDO. Our game is quite ready to launch.
Our immediate objective is to release the testnet version as soon as possible for our fans to experience it. If we receive the good feedback from users for the testnet, we will list BAoE token and release the mainet version soon. We just want to make sure that everything needs to be perfect for players to experience.
Q5 from Telegram user @Ble73
You have Said that In Website that users will be trained to play The BAoE game based on logic and skills to make money, Can You tell me Is any CRYPTO KNOWLEDGE IS Required To Play the BAoE Game ?
Mei Lin
Players need to have logic when playing. For example, in the Ice map, they should use Ice cyborg to be able to maximize their earnings.
The map and characters interaction is very important in our game. With a magma cyborg, players will earn more if they play in the magma map, and on the other hand, if players have a magma cyborg and they play in ICE map, they can not earn as the ice cyborgs.
The amount of 5 maps are equal, but one thing players need to know is that the higher level their cyborgs are, the more chance they get to achieve the valuable gems.
Q6 from Telegram user @Vihaan100
Is there any exclusive video trailer released from business age of empires ? So, that I can have an overview about the whole game play and or how to play. Can you share with us? Or a link if available. Thank you.
Mei Lin
Thanks for your attention to our game. We will release our testnet soon (hopfully at the end of this month). Moreover, we will public our video trailer games as well as the game demo on our social channels. Please join us to update latest information!
Q7 from Telegram user @nanamillaa
Is there any modes for people who do not have lots of time to play?
Mei Lin
In the single play, there are three options for players to select. With the “quickplay”, players just need to let the machine dig without doing anything. After a few seconds, players will receive the in-game resources. The second one is “autoplay” which you need to enter the captcha code then you will receive the reward after a few seconds.
I believe that these 2 modes are suitable for beginners and also for people who do not have a lot of time for playing but still want to earn money from our game.
Q8 from Telegram user @Jenny Nguyen
Currently a lot of games are hacked, does BAoE focus on security?
Mei Lin
I can’t agree with you more. We realized the importance of the security system and we focused on building a high-qualified security system right from the beginning. And about the secure system, to prevent hackers from infiltrating the game, blind spots and random choices will be generated for the security system. Our developers always check the bugs and the security holes to fix as soon as possible. Therefore, we can make sure that it’s not easy for hackers to break into our game and steal money from the players.
Q9 from Telegram user @kelly161103
What is the percentage of characters appearing when opening the game’s box? Thank you very much!
Mei Lin
The rarity of opening common box is accounted for 80% Common, 15% Rare, 4,5% Super Rare, 0,5% Ultra Rare.This is just the estimated percentage. We will try to balance those percentages to bring the most advantageous conditions for our players.
Q10 from Telegram user @Kistley
I Missed the IDO , Which you have Recently Conducted , Can You tell me the Other Ways to get the TOKEN , It is Planned to List on the Several Exchanges ?
Mei Lin
Oh I’m so glad to announce that we will have another rounds for IDO. First of all, we will do an IDO round on MochiLab launchpad soon. Then we still have one IDO FCFS round on our platform (website) for who are interested in investing in our project. Please stay update the time for these two IDO round on our social channels here: Website (https://b-aoe.io/) |
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 ADADAO and our guest was . The AMA took place on the 17th of January
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&WebSite
Could you please introduce yourself and tell us more about
ADADAO
Murshid (NEVER DM FIRST)
I am Murshid Alam, CTO of Adadao. I have over 5 years of experience in the field of blockchain technology. I have previously worked at top IT consulting firms like IBM and TCS. I have been involved with ADADAO for last two months and am also a co-founder of ADADAO.
ADADAO is the world’s first interest-free stablecoin protocol built on Cardano blockchain. ADADAO is a DeFi protocol on Cardano blockchain which facilitates creation of fully collateralized stable coins leveraging Native Cardano Assets.
Murshid (NEVER DM FIRST)
Done
Mary | Satoshi Club
Why did you choose Cardano?
D. | Satoshi Club
Sounds cool
Murshid (NEVER DM FIRST)
Cardano is one of the most developed blockchain with team of
great engineers and research squads working relentlessly on it. I can also
claim that Cardano is the safest and most reliable blockchain. We know that
Cardano is kind of slow in development but the development and the product they
have shown so far is perfect for our project.
Murshid (NEVER DM FIRST)
We can’t deny IOHK is one of the best organizations out
there
Mary | Satoshi Club
It has sense
Mary | Satoshi Club
What can you tell us about ADADAO team? How big is it?
D. | Satoshi Club
And as I know cardono is also a very cheap and fast
blockchain
Murshid (NEVER DM FIRST)
Obaid Ul Ahad – CEO –
Serial Entrepreneur. Founder of cardence.io . Ex Spinny, Ex Founder Zafraa.
Murshid Alam : CTO – Ex TCS, Ex IBM , Blockchain developer
Ekterina B. – Developer – Haskell Developer, Metalamp
Olga K. : Developer – Cardano developer , Metalamp
Mr Rizwan Khan : Haskell Developer
Md Danish Alam : Community Manager
We have partnered with Metalamp for development and
kryptonite for marketing purpose.
More people are joining us in our journey as we are moving
forward.
Murshid (NEVER DM FIRST)
Yeah that too.
Mary | Satoshi Club
Wow! Really big and experienced team
Mary | Satoshi Club
Thank you for your intro! Ready to go to the questions from
our community?We choose some special for you
Murshid (NEVER DM FIRST)
Yeah we are ready.
D. | Satoshi Club
less gooo!
D. | Satoshi Club
Q1 from Telegram user @NataliyaKil KICK.IO
Launchpad will host the public sale of ADADA. ADADA O’s public sale will kick off on January 25, 5 PM UTC and will run until 2 February, 5 PM UTC. Can you please tell us what kind of launchpad it is and what opportunities open up for a project whose public sale is taking place on Kick.io? This event has already been announced, can we find out about its full conditions and rules?
Murshid (NEVER DM FIRST)
Kick is a reputed launchpad in the Cardano ecosystem. As far
as the rules are concerned, it gives priority to Kick token holders but also
allows a FCFS for leftover tokens, FCFS is open to all.
We are also launching on ADAX.pro which is also one the of
first functioning DEX on Cardano.
We are being incubated by Cardence and Cardence is our major
launchpad partner as well.
As for info regarding the sale on 25th Jan, check out this
tweet.
Using which currencies we will be able to buy your tokens?
D. | Satoshi Club
And what is your future plans after token sale will be
finished?
Murshid (NEVER DM FIRST)
That would depend on the launchpad. They will announce. It
is usually stablecoins like USDT Or BUSD.
Mary | Satoshi Club
Gotcha
Murshid (NEVER DM FIRST)
We are currently focussing on aggressive marketing to reach
out to as many people as possible and present our idea. Surely, development is
the most important thing. We are work relentlessly to create our protocol. You
can check out our detailed roadmap on our website too.
D. | Satoshi Club
nice! appreciate for answer! ready for the next question?
Murshid (NEVER DM FIRST)
Yes. Please continue.
D. | Satoshi Club
Q2 from Telegram user @Cheriemike
About your $ADAO token in terms of governance,you allow all holders of $ADAO to vote applying no minimum or maximum amount of $ADAO to hold before one can vote.You noted that anybody can submit suggestions for an $ADAO vote,not just $ADAO holders.I will say this fair giving all holder whether small or big investors the right to make decisions or vote.But something caught my attention,you said any voter-approved changes to the Protocol’s governance variables will not take effect right away.Can you explain to us what the governance variables are?And you also made mention of voters activating a Governance Security Model.Can tell us how this work and how effect does triggering of a shutdown have on a voters vote?Please explain Thanks
Murshid (NEVER DM FIRST)
There are two levels of governance here. There has to be an
expert committee of stakeholders in the DAO which will assess the effects of
the governance proposal and may send it back to DAO for re vote with further
comments so that it does not lead to abrupt results.
As far as triggering the shutdown is concerned, this is a
temporary phenomenon which will come into action only in case of major crashes
or emergency situations. This is in place to ensure that mass liquidations does
not happen in case of emergency temporary crashes.
Mary | Satoshi Club
What aspects of your activities will governance cover?
Murshid (NEVER DM FIRST)
ADAO holders have the option to vote on the following:
Add a new collateral asset type with a unique set of Risk
Parameters.
Change the Risk Parameters of one or more existing
collateral asset types, or add new Risk Parameters to one or more existing
collateral asset types.
Choose the set of Oracle Feeds.
Choose the set of Emergency Oracles.
Trigger Emergency Shutdown.
Upgrade the system.
Mary | Satoshi Club
Very nice! When governance will go live?
Murshid (NEVER DM FIRST)
It will go live in Q2 of 2022.
Mary | Satoshi Club
Wow, it’s soon
Mary | Satoshi Club
Thank you for your answers! Ready to proceed?
Murshid (NEVER DM FIRST)
Yes.
D. | Satoshi Club
Q3 from Telegram user @Palermo_19x
There are currently many stablecoins on the market and more are emerging every day, so I wonder, what benefits does the ADADAO stablecoin bring us over other existing stablecoins like Tether or Binance? What problems do you plan to solve and how do you plan to encourage the adoption of AUSD among people who already use BUSD or USDT? How can we buy AUSD and ADAO and besides buying, in what ways will we be able to generate these tokens in the future?
Murshid (NEVER DM FIRST)
ADADAO is the world’s first “interest-free”
stablecoin protocol built on Cardano blockchain. We charge no interest on the
collateral borrowed from our protocol. The protocol basically runs on a Smart
Contract which is always collateralized. As such, taking interest on loans
taken in this manner is not justified.
Our protocol does not force the users to hurry to return the
loan as long as they can maintain the collateral.
Murshid (NEVER DM FIRST)
AUSD will have to be minted to be able to be tradable. We
are looking for a working Cardano DEX. It will also be available on centralized
exchanges.
Murshid (NEVER DM FIRST)
Adao will be tradable on DEX as well as many CEXs
D. | Satoshi Club
AUSD is algoritmic stablecoin? Like Dai or Ust?
Murshid (NEVER DM FIRST)
DAI is not algorithmic. UST is partially algorithmic.
We are similar to DAI, where we are fully collateralized
through on chain ADA and it can also be verified on chain
D. | Satoshi Club
So is it possible to froze your stable in case of hack? For
example
D. | Satoshi Club
You be able to do it?
Murshid (NEVER DM FIRST)
Governance will be able to do that, not us. Emergency
oracles are in place to execute emergency shutdowns in case a need arises (
rogue or hacked oracles, hacked protocol etc)
D. | Satoshi Club
thank you! got it, let’s proceed to the next question?
Murshid (NEVER DM FIRST)
Cool
D. | Satoshi Club
Q4 from Telegram user @Danniblaiz
One part of your ecosystem I really find interesting is the Collateral Auctions. The ADADAO Protocol’s auction procedures allow the system to liquidate Vaults even when price data for the collateral is unavailable. The ADADAO Protocol takes the liquidated Vault collateral and sells it via an internal market-based auction process at the point of liquidation. How is the liquidated price calculated and what is the maximum leverage to which this liquidation can be prevented? Selling via an internal market based auction means what exactly and what do you gain in return in this type of selling??
Murshid (NEVER DM FIRST)
This kind of auction is used in case of unavailability of data regarding prices in case of emergency crashes or due to rogue oracles ( oracle issue can already be minimized through multiple oracle partners ) , the internal collateral auction will ensure that the protocol never goes under collateralized and also that the right price can be realized in case of market instability.
Participants will usually be able to get 10-15% margins in
such auctions.
Mary | Satoshi Club
When this Auctions will be live? Btw, can you share your Roadmap with us?
Murshid (NEVER DM FIRST)
Auction will go live in case vaults go under collateralized
Thank you for sharing! I see you will have hot year!
Murshid (NEVER DM FIRST)
We are equally excited
Mary | Satoshi Club
Nice. we will follow your updates
Mary | Satoshi Club
Ready to jump to the next question?
Murshid (NEVER DM FIRST)
Yes.
D. | Satoshi Club
Q5 from Telegram user @iceVermithraxx
Focusing on the Security Module of ADADAO protocol, I noted that in order to secure the system against an attacker attempting to obtain control of majority of the oracles, the ADADAO Protocol takes price input through the Oracle Verification Module (OVM). Can you explain more on the Oracle Verification Module(OVM)? Can you also elaborate on how the OVM Works to safeguard, and also act as a layer of security between the Oracles and the Protocol? I also understand that ADADAO Holders can choose to deploy emergency oracles, can you explain more on these Emergency Oracles and how they would work together with OVM to protect ADADAO protocol from hackers?
Murshid (NEVER DM FIRST)
Oracle Verification Module serves as a layer of defense
between the oracles and the protocol by delaying the price feed by one hour.
This delay allows Emergency Oracles or an Adadao governance vote to
individually freeze compromised oracles. WIthout this protection measure,
collateral could be manipulated, for example withdrawn from a vault under false
pretences. The operations of Emergency Oracles and price delays by the OVM are
also managed by Adadao governance.
Don’t you afraid that governance decisions can be
manipulated by a few whales?
Do you have some mechanism that can prevent such as
manipulations?
Murshid (NEVER DM FIRST)
Protocol’s security is the top priority and formal
verification is the protocol strongest defense. We will get the smart contract
audited from the best auditing firms and from multiple resources.
When I read the ADADAO whitepaper I noticed that you mention a black swan event. What does this mean? What is this event about? What are the negative consequences of this event? What tools do you have to prevent this event from happening? Can you explain in detail how this event occurs and what produces it? What is the probability of this happening?
Murshid (NEVER DM FIRST)
A black swan is an unpredictable event that is beyond what
is normally expected of a situation and has potentially severe consequences.
Black swan events are characterized by their extreme rarity,
severe impact, and the widespread insistence they were obvious in hindsight.
A black swan is an extremely rare event with severe
consequences.
It cannot be predicted beforehand, though after the fact,
many falsely claim it should have been predictable.
Black swan events can cause catastrophic damage to an
economy by negatively impacting markets and investments, but even the use of
robust modeling cannot prevent a black swan event.
Reliance on standard forecasting tools can both fail to
predict and potentially increase vulnerability to black swans by propagating
risk and offering false security.
Thank you for this great first part .
Live part is coming! But before it can you share your social links with our
community, so we won’t miss any news from ADADAO
Murshid (NEVER DM FIRST)
Yeah sure. Here you can find all the links here : https://docs.adadao.org/social-media. Make sure to join our Telegram as well as follow us on twitter.
D. | Satoshi Club
Thanks a lot
Mary | Satoshi Club
Thank you! Are you ready for the most exciting part of our
AMA – live part?
Murshid (NEVER DM FIRST)
Yes we are ready.
Mary | Satoshi Club
Let’s go
Part 2 — live questions from the Telegram community
Q1 from Telegram user @isabella_blackk
How does the lending system work in ADADOA and which institutions other than ADADOA are involved in the lending process? Could you inform us how the ADADAO system for safes works?
Murshid (NEVER DM FIRST)
Lending happens through ADADAO protocol and no other entity is involved in lending. ADADAO doesn’t take interest from borrowers.
This is how ADADAO protocol for vaults work:
Create and Collateralize a Vault
A user funds a Vault with a certain type and amount of collateral that will be used to generate AUSD via the ADADAO web app. A Vault is deemed collateralized once it has been funded.
Generate AUSD from the Collateralized Vault
In order to create a certain amount of AUSD in exchange for keeping her collateral locked in the Vault, the Vault owner conducts a transaction and subsequently confirms it in her unhosted cryptocurrency wallet
Pay down the Debt and the Stability Fee
A Vault owner must pay down or totally pay back the AUSD he/she generated, plus the Stability Fee on the AUSD outstanding, in order to reclaim a portion or all of the collateral. Only AUSD can be used to pay the Stability Fee.
Withdraw Collateral
The Vault owner can withdraw all or part of her collateral back to her wallet once the AUSD has been returned and the Stability Fee has been paid. The Vault remains vacant until the owner chooses to make another deposit after all AUSD has been returned and all collateral has been collected.
NB: Each collateral asset must have its own Vault. As a result, some customers will have many Vaults with various forms of collateral and collateralization levels.
Q2 from Telegram user @Vihaan100
I am new on crypto world and learn more about the “Adadao” and the token cases also so, Where can i find tutorial and resources about of the Adadao?
Murshid (NEVER DM FIRST)
To learn more about ADADAO . Visit docs.adadao.org or feel free to ask us in our telegram group @adadao_org
Q3 from Telegram user @slla1112
Can you explain interest-free borrowing and how it differentiates you from other collateral lending platforms? And can you talk about how ADADAO makes money?
Murshid (NEVER DM FIRST)
We don’t take interest from users for borrowing against a collateral. We just makes money through that stability fees and some through liquidations.
Q4 from Telegram user @Crypto_84
On your website I saw four features
Decentralised Protocol Interest free Buit on cardano Verifiably asset backed
Please tell in detail about these features and how user will get benefit from it?
Murshid (NEVER DM FIRST)
First one is clear, we are a DAO. Second one is interest free which we don’t charge interest. Third one is we are built on Cardano blockchain.Fourth: Our stablecoin is pegged with USD and backed by collaterals which can be verified on-chain.
Q5 from Telegram user @Jonathantross
You have Introduced Two Different TOKENS In Your Platform Which are :
1.$ADAO
2.$AUSD
May I know Why You Intrdoced the Two Tokens What Different Works They Perform in the ADADAO Platform ?
Murshid (NEVER DM FIRST)
AUSD is the stablecoin of our protocol ADADAO. They are pegged with USD and backed by collaterals whereas ADAO is the governance token of our protocol and users can use them to vote on our governance.
Q6 from Telegram user @Panpiau
I WANT TO ASK THAT WHY DID YOU USE THE CARDANO BLOCKCHAIN ? THERE ARE SO MANY OTHER BLOCK CHAIN ALSO
Murshid (NEVER DM FIRST)
Cardano is one of the most secure with clean architecture and thoroughly tested. This blockchain is pioneered and worked upon by great tech leaders and scientists doing tireless research on Cardano which gives it a upper hand over other blockchains.
Part 3 – Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
For more information and future AMAs, join our Social Media channels:
⚠️Requirements: 👉 Join Satoshi Club Spanish Telegram group 👉 Join Metarun Telegram group
We will have the following structure:
Part 1: 50$ /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 50$/5 users – Open chat for 120 seconds. You can post Max 3 questions. Metarun Team will select 5 questions and answer them.
For more details: Metarun – @metarungame Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
