{"id":10870,"date":"2021-07-19T06:43:05","date_gmt":"2021-07-19T03:43:05","guid":{"rendered":"https:\/\/esatoshi.club\/?p=10870"},"modified":"2021-07-19T06:43:08","modified_gmt":"2021-07-19T03:43:08","slug":"oh-finance-x-satoshi-club-ama-recap-from-15th-of-july","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/07\/19\/oh-finance-x-satoshi-club-ama-recap-from-15th-of-july\/","title":{"rendered":"OH! FINANCE x Satoshi Club AMA Recap from 15th of July"},"content":{"rendered":"\n<p>Welcome to another episode of our AMA\nseries. Today we are glad to tell you about the AMA session with our friends\nfrom <a href=\"https:\/\/t.me\/OhFinanceDefi\">OH! Finance<\/a> . The AMA took place on July 15 and our guests\nwere Rick (Chief Marketing Officer) and Mason (Tech supporter).<\/p>\n\n\n\n<p>The total reward pool was 500$ and was\ndivided into three parts. In this AMA Recap we will try to summarize some of\nthe most interesting points for you.<\/p>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p><strong>PART 1, INTRODUCTION AND COMMUNITY\nQUESTIONS<\/strong><\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi\nClub: <\/strong>Hello again, dear Satoshi Club!<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>Hello,\nguys! How&#8217;s going?<\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance:<\/strong>\nGoing very well!<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>That&#8217;s\ngreat! Let&#8217;s start our party! Could you please introduce yourself and tell us\nwhat is Oh Finance?<\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>Technically\nChief Marketing Officer \u2014 but I do a little bit of everything. I&#8217;ve got a\nbackground in dev\/test, and a deep background in blockchain \u2014 so I do a little\nbit of everything.<\/p>\n\n\n\n<p>&nbsp;<strong>Mary | Satoshi Club:&nbsp; <\/strong>How\nlong are you in crypto?<\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>That&#8217;s\nactually a big chunk of our team \u2014 we overlap all over the place which is\nfantastic as it keeps us in check!<\/p>\n\n\n\n<p><strong>Mason &#8211; Oh! Finance: <\/strong>and\nI&#8217;m one of the principals on the team, supporting the biz process\/tech\nsupport.&nbsp; Rick and I started dipping our\ntoe in by mining back in 2012\/2013.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi\nClub: <\/strong>Yes, when you start a project, sometimes you have to be a\nmultifaceted person.<\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>Do\nMore with Your DeFi Dollar. Simply put \u2014 the yield landscape is hard.<\/p>\n\n\n\n<p>DeFi should be easy and accessible. Oh! will be making yield\naccessible to every person \u2014 from the whales and crypto degens \u2014 to people like\nmy uncle who has no idea what USDC or Metamask is.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi\nClub:<\/strong> Also we would like to know about your team. Who is on the project\nteam core?<\/p>\n\n\n\n<p><strong>Mason &#8211; Oh! Finance: <\/strong>Beyond\nRick and me, we have two other named core devs, along with additional\ngraphics\/dev\/marketing resources and a broad team of advisors both in the\ncrypto and cybersecurity space.<\/p>\n\n\n\n<p>They cover some of our core partnerships as well to help\nround out the approach for Oh!<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi\nClub: <\/strong>I love that you are not anonymous. For the user, this is attractive.<\/p>\n\n\n\n<p><strong>Mason &#8211; Oh! Finance: <\/strong>We\nthink it&#8217;s important too, it&#8217;s what I would want in a product that I&#8217;m putting\nmy hard earned tokens into.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi\nClub: <\/strong>How long does it take to develop a project? What plans do you have\nfor the future? And what can we expect from Oh Finance?<\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>Our\nmost immediate future plans is our upcoming IDO (details to be announced), as\nwell as Token Generation Event (TGE), however our next platform goals are to\nlaunch as one of the first yield aggregators on Avalanche blockchain and to\nmake the bridging process as seem less and invisible as possible to the end\nuser.<\/p>\n\n\n\n<p>After that, it&#8217;s beginning to build out new strategies,\nintroduce more DAO votes and DAO concepts, as well as, launch new yield\nopportunities &#8212; with simplicity and security at the core.<\/p>\n\n\n\n<p><strong>Mason &#8211; Oh! Finance: <\/strong>It&#8217;s\nbeen many months in the making, and timing is important in Crypto, as you all\nknow.&nbsp; Partnerships take time to nurture\nand develop, making sure that we have similar visions, establishing advisors\nthat are there to support longer term, and not just looking to make a quick\nbuck<strong>.&nbsp;\n<\/strong><\/p>\n\n\n\n<p>With a public team, we need to have longevity built into the\napproach, and make sure that the product is heavily reviewed through audits,\nand have the right supporter\/influencers to tell the story the right way!<\/p>\n\n\n\n<p><strong>Q1 from Telegram User\n@kimzyemma<\/strong><\/p>\n\n\n\n<p><em>One of Oh! Finance\ngoals is that user CAN DO MORE WITH DEFI DOLLARS which seems so confusing, oh!\nclaimed to be DECENTRALIZED FINANCE and yet still stated that we can do more\nwith dollars which is a government-issued currency that is not backed by a\nphysical commodity, such as gold or silver, but rather by the government that\nissued it. What is the probability that Oh! Finance will move forward since\nthere is no total governance by the team. Your research also proved that 99% of\nDeFi projects are building for crypto natives. 1% are building for the\nmainstream, non-tech savvy. What do you think about projects rushing into\ncrypto natives and you going in the other way round?<\/em><\/p>\n\n\n\n<p><strong>Mason &#8211; Oh! Finance: <\/strong>So\nI&#8217;m going to challenge the assumption that 99% of projects are built for crypto\nnatives!&nbsp; The biggest groups that we have\nseen show interest in market research are the &#8216;use case&#8217; of people who are\nrealizing that savings accounts don&#8217;t even beat inflation.&nbsp; <\/p>\n\n\n\n<p>Banks effectively take your money, and do nearly the same\nthing that DeFi is trying to accomplish, through instruments the average user\nsimply doesn&#8217;t have access to! So with users who have money in savings, or\nequities (stocks etc.) and want to have a better return, they are certainly\nlooking into the CeFi products of the world, Nexo, Blockfi, Celsius &#8211; but as\nthey dip their toes in there, the broader DeFi options start to come to light!<\/p>\n\n\n\n<p>That being said, putting money directly into BTC\/ETH\/BCH and\nothers brings additional volatility.&nbsp; So\nUSDC does bring a level of &#8216;security&#8217; given coinbase backing and a known\nquantity, would we like to see other options that USDC?&nbsp; Sure!&nbsp;\nIf you all have done adoption and change management, change is hard! So\nsome of the steps need to be incremental, Love the question!<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>So,\nyou tell us to bring our money to Oh Finance instead of bank, right?<\/p>\n\n\n\n<p><strong>Mason &#8211; Oh! Finance: <\/strong>Oh!\nis trying to help provide a simple interface that doesn&#8217;t require moving\nbetween blue chip defi products, and the fees and complexity needed there,\nwhile outperforming yields! I wish we were ready for that now!&nbsp; For now, I think of Oh! as an alternative to\na savings account.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:&nbsp; <\/strong>Did you already test your interface on\nyour friends or moms, for example?<\/p>\n\n\n\n<p><strong>Mason &#8211; Oh! Finance: <\/strong>Got\nto keep up with record inflation at least!<\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>Taking\non the banks will take time \u2014 there&#8217;s a paradigm shift that is occurring most\nbroadly \u2014 we hope Oh! helps shove that along further and faster.<\/p>\n\n\n\n<p><strong>Q2 from Telegram User\n@meml97<\/strong><\/p>\n\n\n\n<p><em>I read that Oh!\nFinance aims to make a difference in the DeFi space by achieving a consistent\n10\u201321% APY on stablecoins, with additional rewards earned in OH tokens. Can you\ntell us more about this? Other DeFi platforms offer to people a 1-10% APY,\nwhich could change depending on a lot of factors, but you, on the other hand,\nare attempting to have a consistent 10-21% APY, how will you be able to do\nthat? How will Oh! Finance be able to reach a consistent % while having a\nreally high % if we compare it to the APYs other platforms offer? Other\nplatforms haven\u2019t been able to offer this % of APY before, is there any risk\nyou are taking here in order to be able to do so?<\/em><\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>Great\nquestion, and candidly with the market crabbing the yields have dropped a bit\nfrom those advertised peaks (more demand for lending creates higher yield),\nhowever we are still seeing yields in excess of 10%+. Of course there is always\nrisk (we&#8217;re attempting to mitigate that risk through good audits and insurance)\nas well as a strategy that is based on stablecoin volatility across a defi\nindex of lending products.<\/p>\n\n\n\n<p>Through the use of auto compounding, intelligent gas logic,\nas well as, rebalancing we can have a yield that is something we are proud of.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>When\nwe will be able to try this in live version? Will you start with beta?<\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>We\nplan to start with beta, tentative timing is next month!<\/p>\n\n\n\n<p>Stay tuned to our announcement channel for details on that\nbeta: <a href=\"https:\/\/t.me\/OHFinanceAnnouncements\">https:\/\/t.me\/OHFinanceAnnouncements<\/a>.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>If\nmarket will drop more are you sure that you will be able to fulfill all\npromises including 10%+ APY or it can be lower?<\/p>\n\n\n\n<p><strong>Mason &#8211; Oh! Finance: <\/strong>First\noff, there are no &#8216;promises&#8217;, and of course there are always external\nfactors.&nbsp; Anyone who would tell you\notherwise is likely not truthful.<strong>&nbsp; <\/strong><\/p>\n\n\n\n<p>That said, volatility itself tends to actually lead to\nhigher performance, and part of our slogan is to &#8216;Be Ready for the Bear&#8217;,\nmeaning that USDC and stablecoins provide some volatility protection to\nnon-stable assets.&nbsp; APYs have to reflect\nthe base tools, but the product can outperform the underlying rates through\nstrategy.<\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>However,\nwe will strive to get the highest APRs possible which involves paying close\nattention to ecosystem rewards (such as MATIC for MATIC summer) \u2014 so that will\nalways help as new chains and new yield opportunities launch. Our team is well\nadept at working across multiple chains \u2014 it&#8217;s all about making that bridge\nnear invisible that will be crucial here!<\/p>\n\n\n\n<p><strong>Mason &#8211; Oh! Finance: <\/strong>Markets\nwill drop and rise, and catching falling knives isn&#8217;t fun.&nbsp; It&#8217;s definitely a reason I&#8217;m so heavy into\nDeFi along with the other networks that allow for the continued expansion\nacross the globe.<\/p>\n\n\n\n<p><strong>Q3 from Telegram User\n@h1drX<\/strong><\/p>\n\n\n\n<p><em>Users deposit funds to\nearn APY and get rewarded with Oh! Finance Governance Tokens. Can you tell us\nabout the OH token use cases? Once users deposit their funds to earn OH tokens,\nwhat are the profits that can be given to the token? Also, where can we buy the\nOH token? Is it listed on any DEX?<\/em><\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>The\nOH! token is a multifaceted token. Holding the token will allow you to vote in\ngovernance (as you would expect). Those votes include refining strategies,\nadding networks, etc. Additional, similar to the NEXO model holding tiers of OH\ntokens will enable a boosted APR. This is a tried and true model helps set a\ntoken floor. Finally, protocol fees go into buying back and burning the token.\nAdditionally, a portion of those fees will go towards providing insurance\nliquidity on bridge mutual!<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>Which\nfees will your protocol have? What will your users pay for? Will OH holders\nhave fees discounts?<\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"578\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-07-17_13-50-12-1024x578.jpg\" alt=\"\" class=\"wp-image-10872\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-07-17_13-50-12-1024x578.jpg 1024w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-07-17_13-50-12-300x169.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-07-17_13-50-12-768x434.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-07-17_13-50-12.jpg 1192w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Prior to yield earned, users will not see any fees beyond\nthe stated APY. Fees are built into the protocol on the yield earned.<\/p>\n\n\n\n<p><strong>Q4 from Telegram user\n@Cheriemike<\/strong><\/p>\n\n\n\n<p><em>In your Roadmap Q3, you\nplan to launch Defi Index on your platform. What is this Defi Index? What is\nthe aim and function of the Defi Index on OH! Finance? What are the criteria of\nthe Defi Index and can you tell us how the Defi Index is maintained? Thanks.<\/em><\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>So\nthis is an extension of the yield defi index. So at launch our platform will\nrebalance on the many lending protocols; ultimately, like a mutual fund, we\nwant to offer staking and earning against a large cap defi index.<\/p>\n\n\n\n<p>So the super simplistic way of looking at this is like the\nQQQ on the stock market. super well known with people that invest (that are\nnon-crypto) people \u2014 trying to create a similar vehicle inside of DeFi.<\/p>\n\n\n\n<p>As for how it&#8217;ll be maintained \u2014 still building this concept\nout to be perfectly honest. We expect there to be a DAO component here \u2014 voting\non which DeFi offerings should be in that index and how we can build strategies\nagainst it. This would be usdc in &gt; gets rebalanced against all the defi\nproducts inside that vehicle &gt; yield out.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>Gotcha!\nSo, it will partially depend on your community decision.<\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>It&#8217;s\na roadmap item. Something we are excited about, but not the &#8216;primary&#8217; focus at\nthis time. We have big plans to take on the banks and traditional mutual funds.\nThe goal is to get companies to more broadly figure out how and where they\ninvest their 401Ks etc.<\/p>\n\n\n\n<p>There&#8217;s a &#8220;meme&#8221; in the space that there&#8217;s no\npoint in Governance tokens \u2014 but I think Sushiswap and Maker Dao might\ndisagree. They just haven&#8217;t been done right to this point. You have to truly\ngive power to the token holder to ensure there&#8217;s value in that vote.<\/p>\n\n\n\n<p><strong>Q5 from Telegram user\n@ysasoma<\/strong><\/p>\n\n\n\n<p><em>Can you tell us about\nthe security measures you have put in place to keep your community safe,\nknowing that there are projects that even being audited have been attacked and\nhave lost the assets of their users, what else is being done in OH! Finance to\nmaintain security and prevent attacks?<\/em><\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>The\ntwo biggest are securing the best auditors. Halborn (and soon Qunatstamp) are\nliterally the best in the business. I could be wrong, but I don&#8217;t believe one\nof them has been behind an audit of an exploited protocol. Secondarily,\nINSURANCE. We&#8217;ve done a lot to &#8216;learn from the mistakes of others&#8217; as the\ncontracts are concerned and to make sure we follow every best pattern and\npractice that exists \u2014 to minimize as much risk of exploit as possible.<\/p>\n\n\n\n<p>But with all things defi \u2014 we can make no guarantees \u2014\nanyone that is saying otherwise is lying. So offering an insurance interface\ndirectly on staking is unique to the space and a critical missing piece. It&#8217;s\nwhy banks have FDIC, and why you buy homeowners or car insurance.<\/p>\n\n\n\n<p>Bridge Mutual, Mike M. is one of our core advisors!<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>Good\nchoice! Which advantages did you find in this collaboration? Why didn&#8217;t you\nchoose CertikShield, for example?<\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>Usability\n\u2014 BMI has an API that enables in-app directly from our interface insurance\noffering. <\/p>\n\n\n\n<p>That&#8217;s first of its kind in the insurance space. Buying it\nand using it should be easy.<\/p>\n\n\n\n<p><strong>Q6 from Telegram user\n@ItsMelissa3<\/strong><\/p>\n\n\n\n<p><em>A few weeks ago Oh!\nFinance announced a challenge: The #OhNoChallenge, where the community had to\nshow you a picture of their bank\u2019s APY for a chance to win. It is a very\noriginal challenge. How did you come up with the idea for this challenge? Do\nyou plan to do more challenges like this soon? It is a very creative way to\ninvolve the community with the ecosystem.<\/em><\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>I think we need to run this challenge again \u2014\nwe did it too soon! We&#8217;ll be doing some fun meme and sticker competitions as\nwell. How we came up with it: banks stink \u2014 defi is the future.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:&nbsp; <\/strong>Do you\nhave stickers?<\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>Not yet! Our designers are working on our onset\nas we speak.<\/p>\n\n\n\n<p>But the community obviously makes\nfantastic things too! So we&#8217;re excited to see what our Oh! community can dream\nup.<\/p>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p><strong>PART 2, TELEGRAM COMMUNITY LIVE\nQUESTIONS<\/strong><\/p>\n\n\n\n<p>The chat was open for 120 seconds; a lot of questions were posted by Satoshi Club community. Our guest chose some of them.<\/p>\n\n\n\n<p><strong>Q1 from Telegram user @Tony253210<\/strong><\/p>\n\n\n\n<p><em>I&#8217;m an active user of stablecoins pools, like curve, so can you explain\nus what are the guarantees or unique opportunities that you offer me to change\nthem for you?<\/em><\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance:&nbsp; <\/strong>We\naren&#8217;t trying to replace curve. We want to leverage curve. Curve will be one of\nthe lending protocols we compound into. The issue with &#8216;just curve&#8217; is it\nmisses peaks and valleys from other protocols \u2014 it also puts all the protocol\nrisk in &#8216;one bucket&#8217; Adding to that, I&#8217;m a big user of curve myself.<\/p>\n\n\n\n<p><strong>Q2 from Telegram user @JoxesXIII<\/strong><\/p>\n\n\n\n<p><em>Is USDC your flag token as a lending asset or could you include other\nstablecoins such as DAI and USDT in the coming weeks \/ months in such a way\nthat the deposit options are more flexible and thus earn the same% APY more or\nless, regardless of the stablecoin used?<\/em><\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>Roadmap will see USDT and likely DAI, but at\nthis time USDC is the most accessible, as well as, the most collateralized\nstablecoin (lingering issues with USDT). We want the &#8216;normie&#8217; to vault \u2014 USDC\nis the most normie friendly.<\/p>\n\n\n\n<p><strong>Q3 from Telegram user @ethcypherpunk<\/strong><\/p>\n\n\n\n<p><em>What are the ADVANTAGES that Oh Finance has over other known in the\nsector such as YEARN Finance, RARI Capital etc?<\/em><\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>Interface and usability. As well as risk\nmitigation through have a defi yield. Insurance as well. But usability\nusability and usability. Click, vault, done.<\/p>\n\n\n\n<p><strong>Q4 from Telegram user @victorogb<\/strong><\/p>\n\n\n\n<p><em>Talking on the Oh Finance insurance services to be rolled out in the\ncoming days, what categories of insurance products and cover would be made\navailable to the community?<\/em><\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>You can insure your vault. So if you vault\n$1,000 to earn interest and you choose to insure your USDC and a protocol\nexploit occurs your $1,000 will be returned via Bridge Mutual.<\/p>\n\n\n\n<p><strong>Q5 from Telegram user @nguyenben<\/strong><\/p>\n\n\n\n<p><em>What is the strategy that Oh Finance offers to attract users and\nincrease token value?<\/em><\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>A true governance token that actually\nincentivizes multiple DAO aspects. Think of owning your own bank. As well as, a\nholding requirement for additional yield!<\/p>\n\n\n\n<p><strong>Q6 from Telegram user<\/strong><\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>We&#8217;ll be launching on Avalanche \u2014 our IDO\npartner hasn&#8217;t been announced, but will be announced soon. We should be the\nfirst or one of the first yield aggregators on the Avalanche blockchain.<\/p>\n\n\n\n<p><strong>Q7 from Telegram user @doithay1617<\/strong><\/p>\n\n\n\n<p><em>Staking is going mainstream, how does Oh Finance make it easier?<\/em><\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>Making the user interface as plain and simple\nto use as humanly possible. We&#8217;ve spent a tremendous amount of time building\nwelcome and education bots (as just one example)<\/p>\n\n\n\n<p><strong>Q8 from Telegram user @sweetdoge<\/strong><\/p>\n\n\n\n<p><em>Hello @RickOhFinance When do you think your uncle will start using\ncrypto?<\/em><\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>Hopefully with Oh! Yearn, Vesper, Harvest, etc.\nall scared him. It was too hard to use and &#8216;didn&#8217;t make sense&#8217;<\/p>\n\n\n\n<p><strong>Q9 from Telegram user <\/strong><\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>We&#8217;re a doxed team with backgrounds from\nMicrosoft, Amazon, and Oracle. We&#8217;re putting our reputations on the line here.<\/p>\n\n\n\n<p><strong>&nbsp;Q10 from Telegram user @vedamatrix<\/strong><\/p>\n\n\n\n<p><em>Why USDC coin is important this Oh Finance? Why not create your own\nstable coins?<\/em><\/p>\n\n\n\n<p><strong>Rick &#8211; Oh! Finance: <\/strong>Algorithmic stablecoins are dangerous, and USDC\n(and USDT and even DAI) are already established. No need to reinvent the wheel\nthere. Reinvent yield. Not stablecoins!<\/p>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p><strong>PART 3, QUIZ AND INFO<\/strong><\/p>\n\n\n\n<p>As usual, for the third part, Satoshi\nClub Team asked the chat 4 questions about OH! Finance. A link to a\nQuiz form was sent into the chat. Participants had 10 minutes to answer. 300$\nwere distributed between the winners. <\/p>\n\n\n\n<p><strong>For more information and future AMAs, join our Social Media\nchannels: <\/strong><\/p>\n\n\n\n<p>English Telegram\ngroup: <a href=\"https:\/\/t.me\/Satoshi_club\">https:\/\/t.me\/Satoshi_club<\/a>\n<\/p>\n\n\n\n<p>Russian Telegram\ngroup: <a href=\"https:\/\/t.me\/satoshi_club_ru\">https:\/\/t.me\/satoshi_club_ru<\/a>\n<\/p>\n\n\n\n<p>Spanish Telegram\ngroup: <a href=\"https:\/\/t.me\/satoshi_club_spanish\">https:\/\/t.me\/satoshi_club_spanish<\/a>\n<\/p>\n\n\n\n<p>Telegram Channel:\n<a href=\"https:\/\/t.me\/satoshi_club_channel\">https:\/\/t.me\/satoshi_club_channel<\/a>\n<\/p>\n\n\n\n<p>Website: <a href=\"https:\/\/esatoshi.club\/\">https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n<p>Twitter:\n<a href=\"https:\/\/twitter.com\/esatoshiclub\">https:\/\/twitter.com\/esatoshiclub<\/a>&nbsp; <\/p>\n\n\n\n<p><strong>Our Partners: <\/strong><\/p>\n\n\n\n<p>&nbsp;OH! Finance: &nbsp;<a href=\"https:\/\/t.me\/OhFinanceDefi\">https:\/\/t.me\/OhFinanceDefi<\/a>\n<\/p>\n\n\n\n<p>OH! Finance Announcement: <a href=\"https:\/\/t.me\/OHFinanceAnnouncements\">https:\/\/t.me\/OHFinanceAnnouncements<\/a>\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Welcome to another episode of our AMA series. Today we are glad to tell you about the AMA session with our friends from OH! Finance . The AMA took place on July 15 and our guests were Rick (Chief Marketing Officer) and Mason (Tech supporter). The total reward pool was 500$ and was divided into [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":10871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/10870"}],"collection":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=10870"}],"version-history":[{"count":1,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/10870\/revisions"}],"predecessor-version":[{"id":10873,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/10870\/revisions\/10873"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/10871"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=10870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=10870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=10870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}