Gold\nRocket | Satoshi Club:<\/strong> Hello again, dear community!<\/p>\n\n\n\n Today our guests are\n@ClutchMoneyTime @son_money!<\/p>\n\n\n\n Son\nMoney:<\/strong> Hello\neveryone! It’s a real pleasure to be here with you today<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Welcome here 👏<\/p>\n\n\n\n Clutch\nMoney:<\/strong> Hi thank for having us<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Hello and welcome to Satoshi Club,\n@ClutchMoneyTime @son_money!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> How are you doing 😊<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> As everyone is here we can start our\nAMA 🚀<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> We are very excited about the\nupcoming AMA, and you?<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> And as usually we will start with intro\n👏<\/p>\n\n\n\n Son\nMoney:<\/strong>\uc740Very well thank you! A bit Excited to\nshare this project with you \ud83d\ude42<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> We would like to ask you to introduce\nyourself and tell us more about MoneyTime 🥳<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Introduce yourself please. How did\nyou get to be involved in crypto & MoneyTime? Tell us please about your\nposition in MoneyTime?<\/p>\n\n\n\n Clutch\nMoney:<\/strong> Moneytime.finance is a yield farming platform\nrunning on Binance Smart Chain with a unique price-positive token economic\ndesign. The project is funded and created by a team originally building DeFi on\nEthereum, but since 2021 has been solely shifted to Binance Smart Chain due to\nits promising future: True open finance for everyone, not only ETH whales.<\/p>\n\n\n\n There is a gaping hole\nin the BSC ecosystem for a quality yield platform that incentivizes long-term\nsustainability over short-term pump-n-dump mentality.<\/p>\n\n\n\n We realize that to\nachieve this, we need to re-think the whole yield-farming approach that usually\nfocuses on the early hours and days of the product over the long-term.<\/p>\n\n\n\n Secondly, we need to\ncounter-balance inflation (a necessary mechanism for yield platforms) by having\nusers stake & hold the native token for pre-determined time periods and so\nreduce sell-side volatility bursts.<\/p>\n\n\n\n We wanted to create a\nmechanism for rewarding behaviors that contribute to the sustainability of the\nplatform by solving the above two points, and Moneytime.finance is the product\nof these goals in mind.<\/p>\n\n\n\n On the surface, it\u2018s a\nyield platform like any other. But in reality, the tokenomics are set up in\nsuch a way that it will look and operate differently from the rest of the\nmarketplace.<\/p>\n\n\n\n In short, we believe\nMoneytime has amazing product-market fit, that will not only be rewarding for\nour own users but also for Binance Smart Chain as a whole!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>This is very promising👍<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> What about MoneyTime team? How big is\nit? Are you public or anonymous?😀<\/p>\n\n\n\n Clutch\nMoney:<\/strong> We are mainly a team of dev from the ETH network\nand with the BSC ecosystem growing this fast, we are excited to launch in BSC\nand eventually cross chain with Polygon and ETH Network<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Thanks a lot for the intro! 😃<\/p>\n\n\n\n Son\nMoney:<\/strong> We\nare 4 founders and we prefer to stay anonymous for the moment, as most of\nprojects here in BSC.<\/p>\n\n\n\n Clutch\nMoney:<\/strong> Your welcome!<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Got it😀<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> we will have a question selected\nfor the Part 1. ready to start?<\/p>\n\n\n\n Clutch\nMoney:<\/strong> Sure!<\/p>\n\n\n\n Q1 from Telegram\nuser @meml97<\/em><\/strong><\/p>\n\n\n\n I\nread that in order for MoneyTime Finance to be different, you will be\nimplementing a new kind of mechanism you created yourself, can you tell us more\nabout this mechanism? What is it called? How does this new mechanism exactly\nwork and how will it help you on your purpose of re-think the whole\nyield-farming approach that usually focuses on the early hours and days? Also,\nwhat are the biggest advantages users will get from MoneyTime implementing this\nmechanism instead of any other we already know?<\/strong><\/p>\n\n\n\n Son\nMoney: <\/strong>Yes we did and I can say even more than a mechanism\nwe created a whole token economic unique to itself and designed purposefully\nfor the greater of the project in short, medium, and long term. Our mission is\nto a bring a safe and optimal decentralized income opportunity for user’s,\nwithout compromising the prosperity of the project, this is how we ended to\ncreate this strategy of positive price performance on top of great yield.<\/p>\n\n\n\n We solve this by\nrewarding LPs according to their staking length, to counter-balance inflation\nby incentivizing users to stake & hold the native token instead of\nselling. User’s stake their $TIME token\nfor a specific length of time and cannot mint their rewards until the full time\nhas been served. The longer the pool’s, the higher the rewards. he system has\nopen buy-side pressure (because users buy the token to participate), but\nsell-side pressure keeps getting retarded and neglected. <\/p>\n\n\n\n In summary, Stakers who\nlock up their reward token in moneytime.finance benefit greatly, especially for\nlonger stakes. This in turn has great impact on the price stability of the\ntoken, because it removes sell pressure and promotes longer-term holding\nbehaviour!<\/p>\n\n\n\n Clutch\nMoney:<\/strong> <\/p>\n\n\n\n TIME POOLS<\/p>\n\n\n\n <\/p>\n\n\n\n Farming Pools<\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n Staking Pools<\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> this is a fairly original model👍<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> When we will be able to try this and\nsee how it works?<\/p>\n\n\n\n Son\nMoney: <\/strong>It is!!<\/p>\n\n\n\n Clutch\nMoney:<\/strong> in less than 48 hours! Here’s a countdown<\/p>\n\n\n\n http:\/\/moneytime.finance<\/a><\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Your developers did a good job!<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Wow! It’s near!<\/p>\n\n\n\n Thank you for your\nanswers! Ready to proceed?😀<\/p>\n\n\n\n Clutch\nMoney:<\/strong> yes!<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> <\/p>\n\n\n\n Q2 from Telegram User\n@andrey_seleznov<\/em><\/strong><\/p>\n\n\n\n Hi\nMONEYTIME !<\/strong><\/p>\n\n\n\n It\nis great to see that MONEYTIME takes security seriously! I know that you\napplied for an audit by one of the top auditors \u2013 Certik. But with your launch\ndate being so near it is probably not realistic to expect Certic to finish the\ncertification by then. Will this potentially affect your launch date? How do\nyou plan to fix any issues that the audit may find if your contact is already\ndeployed? Thank you!<\/strong><\/p>\n\n\n\n Clutch Money:<\/strong> <\/p>\n\n\n\n The security of our\nproject is our top priority and we chose CERTIK because of their great work.\nThe CERTIK team did gave us a certification dead line that correspond to the\ndate of launch. However, if there should be some delays it would be for few\ndays only and it won’t affect launch date. We are working hands in hands with\nthem to make this audit certified as quick as possible but we also want to make\nsure that it is done correctly.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Safety first👍<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Did you apply only for audit or also\nfor Certik shield?<\/p>\n\n\n\n Clutch\nMoney:<\/strong> We also have rugdoc that is engaged for quick check\non hard rug codes<\/p>\n\n\n\n https:\/\/leaderboard.certik.io\/projects\/moneytime<\/a><\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Please don’t forget to share with\nSatoshi Clubbers😉<\/p>\n\n\n\n Oh thanks😊<\/p>\n\n\n\n this is a very\nimportant point indeed.<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Actually, Safe Dollar which was\nexploited twice was also quick checked by RugDoc…<\/p>\n\n\n\n Clutch\nMoney:<\/strong> Hope the same won’t happen to us.<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> They marked them with high risk now,\nbut…<\/p>\n\n\n\n I hope as well👍did\nyou thought about any kind of insurance?😀<\/p>\n\n\n\n Clutch\nMoney:<\/strong> We ran a wide range of test on our platform, we\nputted security on top of our development.<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> That’s great!<\/p>\n\n\n\n Clutch\nMoney:<\/strong> Not for the moment it is a possibility we are ready\nto explore<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Thank you for your honest answer\nand for a serious approach to this issue! Ready for the next question or want\nto add something?<\/p>\n\n\n\n Clutch\nMoney:<\/strong> Ultimately we are here for the long term and we are\nalways more than willing to put our codes to the test so that public can farm\nwith ease and also earn their trust<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Awesome 👍<\/p>\n\n\n\n Son\nMoney: <\/strong>ready for next question<\/p>\n\n\n\n Q3 from Telegram user\n@DK177<\/em><\/strong><\/p>\n\n\n\n You\nhave mentioned about six pools of staking $TIME. According to you, these pools\nhave been introduced with different timers to reduce sell-side preassure. Since\nyour platform is new, users may opt for pools with short time periods with the\nintension of going for greater rewards of long time periods later. How can you\nface this kind of situation? Although the concept of time pools is fine, do you\nthink it will practically help to reduce the selling pressure? Do you depend\nonly on these pools or do you have possible alternatives to face a sell-off\nsituation?<\/strong><\/p>\n\n\n\n Son\nMoney:<\/strong> Well\nfirst of the Time Pools are designed to be more rewarding the for the longer\npools, to incite people to invest on\nlong-term reward pools. Itself is the first guard against sell pressure, the\nlonger you keep your $TIME or $MONEY staked and the more you earn. The system\nof harvest lockups is radically new so it\u2019s to the users to decide.<\/p>\n\n\n\n Than we worked out a sustainable tokenomic to\nincite people to invest on long-term reward pools. We have our specially\ndesigned mechanism to prevent from sell pressure, from transaction fees, to smart\ntoken redistribution that emphases on buy back & burn and locking liquidity\nforever and we have the emergency burn fund to give us a tool in time of\nexceptional sell pressure for time when simultaneous rewards get unlock for\nexemple.<\/p>\n\n\n\n Clutch Money:<\/strong><\/p>\n\n\n\n Time Pools<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Tell us please about your\ntokenomics btw<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> So, what i will need to do to farm?\nFirst steps?<\/p>\n\n\n\n Son\nMoney:<\/strong> You\nwill need to add liquidity to earn $TIME. Then with those $TIME you will be\nable to stake in the Time pools to earn $MONEY<\/p>\n\n\n\n Clutch\nMoney:<\/strong> Yes, in MoneyTime we have 2 tokens : $Time &\n$Money. $Time dont have value or trading purpose, it’s what we call a\n“Tool Token”. To be able to earn $MONEY reward, you need to stake\n$TIME token. <\/p>\n\n\n\n Stake $TIME earn\n$MONEY.<\/p>\n\n\n\n The token economic of\nMoneyTime is different from a classic farming system. Here the rewards are\n“delayed” to avoid excessive compound and massive sell pressure. What\nwe call Price positive token is the results of a study of a specific token\neconomic build on Delayed reward, BuyBack, Burn, and Smart fees redistribution.<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> You will always have only six pools or\nplan to add more?<\/p>\n\n\n\n And btw, will you have\nany governance system?😀<\/p>\n\n\n\n Clutch\nMoney:<\/strong> We do have plans to add more we are curious to see\nthe commnunity return about it we will consider their suggestions.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> this is a good strategy! the\ncommunity is the engine of the project! 👌<\/p>\n\n\n\n Son\nMoney:<\/strong> When\nwe will go Cross chain, the utility of a governance system would be clearer and\nwe will consider implement it!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> thanks a lot for the answers!\nready for the next question?<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> We will wait for updates ☺️<\/p>\n\n\n\n Son\nMoney:<\/strong> We\nsure are!!<\/p>\n\n\n\n Q4 fromTelegram User\n@surendra040<\/em><\/strong><\/p>\n\n\n\n Moneytime.finance\nwas funded initially by a team originally building Defi on Ethereum but since\n2021 it has been solely shifted to BSC . What is the reason for dropping off\nETH network? Since the ETH fees at current period is low will you expand your\nproject in ETH again and other chain like polygon, solana etc. Also many BSC\nplatform projects are lacking long term sustainability and one of the problem\nin BSC ecosystem is pump and dump mentality, what are the solutions that\nMoneytime.Finance has that it claims to be rewarding not only for users but\nalso for BSC as a whole?<\/strong><\/p>\n\n\n\n Clutch\nMoney:<\/strong> We are developpers that are from ETH, but for this\nproject we developed it completely for the Binance Smart Chain.<\/p>\n\n\n\n Our project was\ndevelopped and designe solely for BSC, however, the expansion to other\nblockchains such as ETH, Fantom and Polygon Network is a part of our plan for\nthe future. We want to become a reference Cross-Chain Yield farm platform.<\/p>\n\n\n\n To overcome the problem of pump and dump, we\nhave set up a whole tokenomics designed to reward long term users along with\nour price positive token strategy with Delayed reward, BuyBack, Burn, and Smart\nfees redistribution and more.<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> When cross chain yield farming will be\nimplemented?😀<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> By the way, please share your\nroadmap😊<\/p>\n\n\n\n Son\nMoney: <\/strong>https:\/\/moneytime.gitbook.io\/timeismoney-fi\/<\/a>\n<\/p>\n\n\n\n Here you go! \ud83d\ude42<\/p>\n\n\n\n Clutch\nMoney:<\/strong> We will take a decision for the last quarter of the\nyear.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Thanks for sharing ☺️<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Not so long to wait😀<\/p>\n\n\n\n Thank you for your\nanswers! Ready to jump to the next question?<\/p>\n\n\n\n Son\nMoney: <\/strong>Always!<\/p>\n\n\n\n Q5 from Telegram User\n@Pratze<\/em><\/strong><\/p>\n\n\n\n Partnership\nalways give big contribution to make project bigger and have great benefit for\nyour developing project and user who participate in your platform. So your\nfirst partner is IceCreamSwap, may i know what the reason of choosing\npartnership with them? Because as i know there are a lot of swap BSC project\nout there? And what are your plan regarding new partner in near future?<\/strong><\/p>\n\n\n\n Son\nMoney:<\/strong> Partnership\nand collaboration are important for the MoneyTime team because it gives the\nopportunity to grow together and bring more to the DeFi space. We believe\ncollaboration is the way to stay sustainable and become a reference in DeFi\nspace. This is why we think that marketing and communication are important to\nwork this is why we are working on the Airdrop Initial Program Partner : ( https:\/\/moneytime.gitbook.io\/timeismoney-fi\/project-overview\/partnership-program-+airdrop<\/a>\n )\n. <\/p>\n\n\n\n We already have 2\npartners regarding this program, IceCreamSwap and TinVille, we are still\nlooking for partner and more are coming soon before launch. The goal with this\nprogram its too give the opportunity to others users to try the farming system\nwith delayed reward features and bring more visibility on the project and the\ninnovative token economic. We know users dont like Airdrop this is why, we\nthough about a Marketing way using Airdrop but without hurting the token\neconomic or money holders! Our marketing partnership consist of Airdrop of\n$Time token to others project holders so they can stake $Time to earn $Money!\nBut here’s the thing, you can harvest your $Money reward in TimeBool by staking\n$TIME, but after you collect your reward’s 100% of your $TIME token are burned,\nso you need to go in farming pool, add liquidity and earn $TIME again!<\/p>\n\n\n\n We believe partnership\nare important, what we want as marketing and communication strategy its that\n$Money farmers can already earn others token project by staking the LP in\nothers platform like Tinville or IceCreamswap for the moment, more partner\nparticipate to initial airdrop more platform are accesible to money farmers for\nearn a Token Partner! We believe the way to go its to give multiple use case to\n$MONEY token.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Thank you very much for such a\ndetailed answer.👍<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> You will give airdrop to all your\npartners tokenholders or only to those, who will fill the form?<\/p>\n\n\n\n Clutch\nMoney:<\/strong> Yes to official partners of our Airdrop Program<\/p>\n\n\n\n And we almost forgot to\nadd FOXYNFT as our newest partner!<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> So, those who have for example GLTO\ntokens don’t have to do something, they will get TIME tokens as airdrop without\nany actions?<\/p>\n\n\n\n Congratulations 👏<\/p>\n\n\n\n Son\nMoney:<\/strong> Exactly,\nthere will be an airdrop directly to their wallet without any actions<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Thank you!<\/p>\n\n\n\n That’s great 😍<\/p>\n\n\n\n Son\nMoney: <\/strong>Thank you very much!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Thanks! it is very convenient👏<\/p>\n\n\n\n Q6 from Telegram User\n@NataliyaKil<\/em><\/strong><\/p>\n\n\n\n One\nof the tools that MoneyTime offers its users is the Emergency Burn Fund. Is\nthis entirely developed by the MoneyTime team? What is this tool and what is\nthe purpose of its creation? What other unique tools does MoneyTime offer to\nits community?<\/strong><\/p>\n\n\n\n Clutch\nMoney:<\/strong> The Emergency Burn Fund is one of the tools that\nMoneyTime use to prevent from deflationary pressure on the token. It has been\nentirely developed by the MoneyTime team and for the MoneTime.Finance project. <\/p>\n\n\n\n It will be used in\ntimes where buy-side pressure is needed, for example in days where major stakes\nends and big rewards are expected to be minted. This fund will then be used to\nmarket buy $MONEY and immediately burning it to offset the selling pressure.<\/p>\n\n\n\n We do this by\ncollecting 2% from the deposit fees from LPs (only for non-$MONEY TIME POOLS)\nand using it to market buy-and-burn $MONEY. 🔥 <\/p>\n\n\n\n![\"\"](\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-06-28_18-57-29-1024x746.jpg\")
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