<\/p>\n\n\n\n
Hello,\nSatoshi clubbers! Another AMA took place in Satoshi Club and we would like to\nintroduce to you the AMA session with our friends from Moonkat Finance and our\nguests were @simbamoon and @cryptolord44. The AMA took place on 9 June.<\/p>\n\n\n\n
The\nAMA session was divided into 3 parts with a total crypto reward pool of 500$ <\/p>\n\n\n\n
In\nthis AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n
Mary\n| Satoshi Club:<\/strong> Hello \nSatoshi Club! We are happy to announce our AMA session with Moonkat\nFinance! Welcome to Satoshi Club😀<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> today our guests – @simbamoon and\n@cryptolord44 !<\/p>\n\n\n\n hey guys, how is it going?<\/p>\n\n\n\n simba:<\/strong>\nAwesome 🤘<\/p>\n\n\n\n Trust you doing great\nlikewise ?<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Welcome here😄<\/p>\n\n\n\n simba:<\/strong>\nThank you for having us here😊<\/p>\n\n\n\n Meowsie:<\/strong>\nHi 🙋♂️<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> We are great and want to know about\nMoonkat Finance as much as possible!<\/p>\n\n\n\n Meowsie:<\/strong>\nThank you for having us<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Hello, happy to see you here 👍<\/p>\n\n\n\n Let’s start our AMA 🚀<\/p>\n\n\n\n Guys, please introduce\nyourself and tell us more about Moonkat Finance 🎉<\/p>\n\n\n\n Meowsie:<\/strong>\nI’m known as Meowsie in the community a data Analyst and blockchain enthusiast <\/p>\n\n\n\n Excited to be building\nthe future of Defi at MoonKat Finance 😊<\/p>\n\n\n\n How did you get\ninvolved in cryptospace?<\/p>\n\n\n\n simba:<\/strong>\nI’m known as Simba, <\/strong>I’m a creator\nand an innovator with a background in \nEngineering and blockchain enthusiast been involved in this space for 5\nyears now<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Long time here👏 sure, your\nexperience will help!<\/p>\n\n\n\n So, what is Moonkat\nFinance?😄<\/p>\n\n\n\n simba:<\/strong>\nDefinitely, I hope to invest my wealth of knowledge and experience into MoonKat😊<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> 👍<\/p>\n\n\n\n simba:<\/strong>\nMoonkat is a yield generation platform built on Binance Smart chain to reward\ntoken holders in $BNB while increasing in both liquidity and value, it does\nthis by applying a 6% tax per transaction \n(buy\/sell\/transfer)<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> How\nold is Moonkat Finance? When did you decide to build this project?<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> Moonkat was inspired of some other\nprojects? in crypto<\/p>\n\n\n\n simba:<\/strong>\nI have always been fascinated with Defi and what it has to offer, started planning late last year but I wanted\nto be certain I have the right team first, so we kicked off April this year and\nwe having our presale tommorow<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> [ 👍 Sticker ]<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Gotcha 👍<\/p>\n\n\n\n simba:<\/strong>\nTo be honest we aren’t the pioneers of defi and have seen so many projects get\nit right and so many get it wrong, we’re\ninspired by the success of most and\nchallanged by the failure of others. We intend to right most issues plaguing\nmost defi platforms, one of which is inflation.<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Honest answer, we appreciate your\naffords!🙏<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> got it, thanks for answer 😊<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Thank you for your intro! Are you ready\nto start with the questions from our community?😄<\/p>\n\n\n\n simba:<\/strong>\nEver ready💪💪💪<\/p>\n\n\n\n Meowsie:<\/strong>\nBorn ready<\/p>\n\n\n\n Q1 from Telegram user\n@xperia3 <\/em><\/strong><\/p>\n\n\n\n Can\nyou please tell about the team of Moonkat Finance? How experienced is the team\nand how did you become together for this project? Do Moonkat team have an\nintention to stop being anonymous? Don\u2019t you think being anonymous have some disadvantages\nsince market is full of scam projects? Won\u2019t this make investors doubt on\nMoonkat Finance? How will you build a trust between Moonkat and investors?<\/strong><\/p>\n\n\n\n Meowsie:<\/strong>\nOur team is made up of 4 professionals who are enthusiastic about crypto\ncurrencies. Currently we have 2 experienced developers that work on all our\ntechnical aspects, smart Contract, Website and DApp.<\/p>\n\n\n\n We have received\nserveral concerns about being anonymous, however, The team has plans of\nbecoming fully doxxed once we are certain our model works. <\/p>\n\n\n\n We are currently\nfocused on working hard and continuously introducing new developments in the\nyield generation space .<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> What will be the signs for you that\nyour model works?<\/p>\n\n\n\n simba:<\/strong>\nGreat question,<\/p>\n\n\n\n Our team is made up of\n4 professionals who are enthusiastic about crypto currencies. Currently we have\n2 developers that work on all our technical aspects, smart Contract, Website\nand DApp, <\/p>\n\n\n\n We have our lead\nmarketer, we also have a creative designer that helps provide innovative\ndesigns to keep us going forward. Most of the team members have been around the\ncrypto space for no less than 4 years.<\/p>\n\n\n\n Most of the team\nmembers have worked together in other successful projects which we complemented\nwell. However, we haven’t launched any public project in this space, especially\nat this scale.<\/p>\n\n\n\n More than anonymousity,\nwhat matters is being able to deliver over time, Bitcoin being the lead crypto\ncurrency by market cap is still an anonymous project😊<\/p>\n\n\n\n However we do have KYC\nin view with trusted partners in the defi space.<\/p>\n\n\n\n Once we able to deliver\non our goals and timelines, the trust will be built plus we are Community\ncentred and have very little control of the platform tokens.<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> understood, thank you for answer!<\/p>\n\n\n\n Meowsie:<\/strong>\nOur current usecase is rewarding holders of MKAT with BNB rewards weekly\nwithout increasing the circulating supply of our native token like most Defi\nprojects<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Got it! Thank you for your answers!\nReady to proceed?<\/p>\n\n\n\n Meowsie:<\/strong>\nYes please<\/p>\n\n\n\n Q2 from Telegram user\n@Asela1112 <\/em><\/strong><\/p>\n\n\n\n Moonkat\nFinance will launch presale on 10th of June 2021. What is the percentage of\n$MKAT, that allocated for the presale? How can we participate in Moonkat\npresale? What is the Hardcap & Softcap in presale?what is the $MKAT Price\nin preasle? Some of Defi platforms burn their tokens if tokens were remained,\neven after presales in order to incentive their token holders. Will there be a\nsuch a protocal in your presale? Please provide more details about your\nupcoming preasale.<\/strong><\/p>\n\n\n\n Meowsie:<\/strong>\nThank you for your question <\/p>\n\n\n\n The presale will be\ncarried out on our platform because we need to vest some initial tokens.<\/p>\n\n\n\n Soft cap: 250BNB<\/p>\n\n\n\n Hard cap: 578BNB<\/p>\n\n\n\n Regarding Burning of\ntokens , yes we will burn 10% of tokens at launch <\/p>\n\n\n\n Kindly check the medium\narticle for the upcoming presale and Tokenomics update <\/p>\n\n\n\n https:\/\/link.medium.com\/4yse0gkGWgb<\/a><\/p>\n\n\n\n Meowsie:<\/strong>\nhttps:\/\/cutt.ly\/qnTT3Oh<\/a> <\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> thanks! so it will be your first\npresale?<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> So, why you need to burn tokens? Also,\nwhat will you do if all tokens won’t be sold?<\/p>\n\n\n\n Meowsie:<\/strong>\nWe sold out our in house private round , Hard cap- 66BNB <\/p>\n\n\n\n So this is presale ,\nthen launch comes after<\/p>\n\n\n\n Meowsie:<\/strong>\nTo maintain a healthy Token price<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> so the some part of your tokens are\nalready bought in private round? am i right?<\/p>\n\n\n\n Meowsie:<\/strong>\nYes please<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Thank you for your answers, guys! Ready\nfor the next question?<\/p>\n\n\n\n Meowsie:<\/strong>\nBorn ready 🐈<\/p>\n\n\n\n Q3 from Telegram user\n@Arisabela <\/em><\/strong><\/p>\n\n\n\n From\nwhat I could read, Moonkat offers a service to earn BNB passively, so I wonder,\nwhat are the benefits of rewarding your holders with BNB and not with your\nnative $ MKAT token? How is this good for the sustainability of your project\nand are there other possible uses for the token?<\/strong><\/p>\n\n\n\n Meowsie:<\/strong>\nOnce we reward our users with more of our native tokens it would lead to\nincreased circulating supply , leading to inflation, I can cite a few projects\nhaving this particular issue. <\/p>\n\n\n\n Our model ensures that\na percentage of our tokens are removed from the circulating supply with each\ntransaction .<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> how this passive income will be work?\ndo users just need to hold tokens and thus they will able to earn BNB?<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Where will you get BNB to pay rewards?<\/p>\n\n\n\n Meowsie:<\/strong>\nYes please! <\/p>\n\n\n\n So there\u2019s is 6% tax per transaction <\/p>\n\n\n\n 2% goes to providing\nliquidity <\/p>\n\n\n\n 4% is used to buy BNB\nand distribute to holders of MKAT weekly<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Nice model! Hope it will work\nperfectly!<\/p>\n\n\n\n Thank you for your\nanswers! Ready to jump to the next question?<\/p>\n\n\n\n Meowsie:<\/strong>\nWe are almost certain it will 😁<\/p>\n\n\n\n Yes please!<\/p>\n\n\n\n Thank you 🙏🏽<\/p>\n\n\n\n Q4 from Telegram user\n@surendra040 <\/em><\/strong><\/p>\n\n\n\n One\nof the best features I have seen on your project is anti- pump \u2013 dump- exit\nwhales . How does this works ?In the other hand how will you make sure your\nanti pump \u2013 dump \u2013 Exit whales will prevent to attract large investors and get\non your project ? What are your plans to attract new investors and grow your\nprojects in the long run?<\/strong><\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> btw dev’s wallet also will collect\nrewards from all transactions?😉<\/p>\n\n\n\n Meowsie:<\/strong> Yes the anti pump – dump is put in place to\ncheckmate pumping and dumping of MKAT however whales deem fit.<\/p>\n\n\n\n So all buy\/sell\ntransactions greater than 0.1% per transaction of the supply would be rejected\n. If whales want to buy , they can still buy multiple times and get appropriate\ntax too<\/p>\n\n\n\n We also have an NFT\ngenerator to be released in 3rd quarter, where users will be able to mint NFT\nbacked by real world product, while I can’t provide much information on it\nright now, but I promise it’s going to be a game changer<\/p>\n\n\n\n Meowsie:<\/strong>\nYes, Devs can also collect their BNB. This is an incentive to keep us working\nhard and creating a long term project.😁🐈<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> thanks for the answers! 👍<\/p>\n\n\n\n Q5 from Telegram\nuser @imwiiw27<\/em><\/strong><\/p>\n\n\n\n One\nof the exciting features of Moonkat is the Moonkat NFTs, and the superb use\ncase enables all kitty lovers to mint unique NFTS for their pets, print and\nwear on their cats. These Cards can be further traded on the platform. So can\nyou tell us how this NFT works? And how will you promote this NFTs to the kitty\nloverz? And Do you have any particular organization for the charity?<\/strong><\/p>\n\n\n\n Meowsie:<\/strong>\nWhile the NFT generator is still in the Testing phase ,<\/p>\n\n\n\n Every MKAT holders will\nbe able to create an NFT token backed by a real-world product featuring their\nart, meme or logo . The NFT generator allows you to create over 20 different\nproducts such as: T-shirts, sweatshirts, caps and many, many more!<\/p>\n\n\n\n Thanks to our\ngenerator, we will be able to easily create real NFT collections for our community.<\/p>\n\n\n\n More developments would\nbe updated in your community<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> thanks! i want to ask question about\nsecurity of your project. did you pass any audits? if not, do you plan to do\nso, before the launch?<\/p>\n\n\n\n Meowsie:<\/strong>\nWe have an ongoing full audit & publishing with Tech Rate, should be\navailable before the presale<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> nice<\/p>\n\n\n\n will your NFTs appear\non Binance NFT marketplace?<\/p>\n\n\n\n Meowsie:<\/strong>\nIt will tradable on any binance smart chain market place<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> That’s great 🤩<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> [\n👍 Sticker ]<\/p>\n\n\n\n Q6 from Telegram\nuser @sofiaisla<\/em><\/strong><\/p>\n\n\n\n On\nyour website you mention the Kitty Foundation and talk about the harsh\ntreatment poor kittens receive around the world, especially the physically\ndeformed ones. Will this foundation offer any other services to help kittens in\nthis situation besides donations? And regarding donations of funds that will go\nto different feline charities around the world, could you tell us when you plan\nto do this? Could MoonKat users help raise funds for the Foundation? If so, how\ncan they participate?<\/strong><\/p>\n\n\n\n Meowsie:<\/strong>\nWe believe making it voluntary to the MoonKat community , cash donations can be\neasily sent to partner organizations and they\u2019ll channel the funds how they\nwant to<\/p>\n\n\n\n So, will you donate or\nyou want your community to donate themselves directly to partner organisations?<\/p>\n\n\n\n simba:<\/strong>\nWe will have a collection Wallet which funds will be sent weekly to partner\norganisation with proof of transaction published weekly<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Gotcha!<\/p>\n\n\n\n Thank you for your\nanswers!<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> that’s fair<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> And now we came close to the live part\nof our AMA 🚀<\/p>\n\n\n\n Q1 from telegram username @jasontr4\n<\/em><\/strong><\/p>\n\n\n\n Does your project support staking program?if yes.\nhow is your stake system work, what is the requirement for user if they want to\nstake in your platform?<\/strong><\/p>\n\n\n\n simba:<\/strong>\nWe don’t have a lock up staking model, you only need hold and claim your BNB\nRewards weekly from the DApp on our platform<\/p>\n\n\n\n Q2 from telegram username @vedamatrix<\/em><\/strong><\/p>\n\n\n\n With the NFT generator can we only create Kitty\nNFT’s or is it allowed to create other NFT’s too?<\/strong><\/p>\n\n\n\n Meowsie:<\/strong>\nHi <\/p>\n\n\n\n No you can create other\nNFTs too<\/p>\n\n\n\n Not just kitty centric\nitems. <\/p>\n\n\n\n over 20 different products\nsuch as: T-shirts, sweatshirts, caps and many, many more!<\/p>\n\n\n\n Q3 from telegram username @Mjwillameee\n<\/em><\/strong><\/p>\n\n\n\n Questions deleted by user<\/strong><\/p>\n\n\n\n Meowsie:<\/strong>\nWe have an audit in progress with Tech rate. Should be available before the\npresale .. kindly stay glued to our platform for more details<\/p>\n\n\n\n Q4 from telegram username @Mclyeree\n<\/em><\/strong><\/p>\n\n\n\n Questions deleted by user<\/strong><\/p>\n\n\n\n simba:<\/strong>\nOur smart contracts have been compiled by the latest and most secure Version\navailable. We also intend to partner with top cyber security firms in the\ncoming days.<\/p>\n\n\n\n Q5 from telegram username @cryptoneco<\/em><\/strong><\/p>\n\n\n\n Is there a minimum amount of tokens $MKAT holders\nmust hold to receive $BNB? Why did you adopt this kind of model, won’t you use\nthe STAKE mechanism?<\/strong><\/p>\n\n\n\n simba:<\/strong>\nNo minimum amount, Every holder is eligible and our model is more safe and\nsecure compared to regular staking model<\/p>\n\n\n\n Q6 from telegram username @nitrogenpower<\/em><\/strong><\/p>\n\n\n\n On your website it says you need to connect wallet\nto use metamask. Why metamask and isn’t it possible to use other wallets?<\/strong><\/p>\n\n\n\n simba:<\/strong>\nMetamask is for the demo, other wallets will be compatible at release.<\/p>\n\n\n\n Q7 from telegram username @Cryptoo347<\/em><\/strong><\/p>\n\n\n\n #MKAT team has made it clear that they are in no way\na meme token. But chances are high that the Project can be misunderstood as\none. Though it’s very clear from the white paper, what are the main points the\nTeam think that makes the MoonKat project an unique one and distinguishes from\nother meme projects !?<\/strong><\/p>\n\n\n\n simba:<\/strong>\n1)We believe we can provide a much\nbetter user experience and utility through our DApp and make it easier for main\nstream adoption of Defi<\/p>\n\n\n\n We also have our NFT\nGenerator coming in Q3: 20% of the\nearning will be added to the reward pool while 30% will be used for buy-backs\nthat will be burned.<\/p>\n\n\n\n 2) compared to other\nmeme like projects we have been able to reduce our tax to a moderate 6% since\nwe have other revenue models alligned in the near feature .<\/p>\n\n\n\n Q8 from telegram username @NicoNicoNamo<\/em><\/strong><\/p>\n\n\n\n <\/em><\/strong>Your vesting policies is great i\nknow, but this thing is like a handcuff to your investors. You want our full\ntrust on this and we will but can you give us some key points why we can trust\nyou with our investments?<\/strong><\/p>\n\n\n\n simba:<\/strong>\nIt’s not an handcuff, it’s rather a gift, if you thinking long-term and going\nthrough our AMA recap and checking our traction this far, should give you all\nthe key points to make your decision.<\/p>\n\n\n\n Q9 from telegram username @Arisabela<\/em><\/strong><\/p>\n\n\n\n <\/em><\/strong>I saw you’ll be doing an upcoming\npre-sale on June 10th, and there will be 30 posts for whitelist just for\ninfluencers with more than 4k followers from Youtube, Twitter, Telegram, Tiktok\nand Reddit. This sounds a bit exclusive since most crypto users are not\ninfluencers, why give this benefit to them first? Will there be a fair\nwhitelist opportunity for others?<\/strong><\/p>\n\n\n\n simba:<\/strong>\nThe 30 slots is less than 5% of the entire whitelist, so everyone has a fair\nchance, it’s not exclusivity, it’s just Marketing with leverage<\/p>\n\n\n\n Q10 from telegram username @Alika061<\/em><\/strong><\/p>\n\n\n\n Where can I get the latest information, what social\nmedia can I follow to get the latest #MoonkatFinance information?<\/strong><\/p>\n\n\n\n simba:<\/strong><\/p>\n\n\n\n Telegram Announcements:\nhttps:\/\/t.me\/moonkat_finance<\/a> (This channel)<\/p>\n\n\n\n Telegram Community: https:\/\/t.me\/moonkatfinance<\/a> <\/p>\n\n\n\n Twitter: https:\/\/twitter.com\/moonkatBSC<\/a> <\/p>\n\n\n\n Medium : https:\/\/medium.com\/@moonkatfinance<\/a>\n<\/p>\n\n\n\n Website: https:\/\/MoonKat.net<\/a> <\/p>\n\n\n\nPart\n2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n
Part 3 \u2013 Quiz Results<\/strong>