{"id":12283,"date":"2021-09-11T22:58:35","date_gmt":"2021-09-11T19:58:35","guid":{"rendered":"https:\/\/esatoshi.club\/?p=12283"},"modified":"2021-09-11T22:58:37","modified_gmt":"2021-09-11T19:58:37","slug":"polkabridge-x-satoshi-club-ama-recap-from-10th-of-september","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/09\/11\/polkabridge-x-satoshi-club-ama-recap-from-10th-of-september\/","title":{"rendered":"PolkaBridge x Satoshi Club AMA Recap from 10th of September"},"content":{"rendered":"\n<p>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  PolkaBridge and our guests were @cyclese_polkabridge &#8211; representatives of  PolkaBridge. The AMA took place on the 10th of September.<a rel=\"noreferrer noopener\" href=\"http:\/\/cointraffic.io\/advertisers\/ad-formats\/press-release\/?utm_medium=banner&amp;utm_campaign=ad_here\" target=\"_blank\"><\/a><\/p>\n\n\n\n<p>The total reward pool was 500$ and has been split into 3 parts.<\/p>\n\n\n\n<p>In this AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n<h2> Part 1 \u2014 introduction and questions from the Website<\/h2>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>\nHello Satoshi Club! We are happy to announce our AMA session with PolkaBridge!\nWelcome to Satoshi Club&#x1f600;<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br>\nHello again, dear Satoshi Club community! Today our PolkaBridge guest is @cyclese_polkabridge<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> Hello!<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br> Hello and welcome to Satoshi Club, @cyclese_polkabridge Nice to e-meet you again at Satoshi Club &#x2764;&#xfe0f;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> Nice to meet you guys.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br>\nHow are you doing&#x1f601;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never\nDM First):<\/strong> <br>\nI&#8217;m Cyclese &#8211; CEO &amp; Co-Founder of PolkaBridge<\/p>\n\n\n\n<p>  I&#8217;m very happy today.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br>\nWe are really excited about upcoming AMA&#x1f601;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> Sure things.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br>\nLet&#8217;s start!<\/p>\n\n\n\n<p>  How did you get to be involved in crypto &amp; PolkaBridge?<\/p>\n\n\n\n<p> You already visited us in January, but remind us a little about yourself and about project&#x1f60a;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never\nDM First):<\/strong> <br>\nI joined the crypto market in 2016 as an investor<\/p>\n\n\n\n<p>  Sure. on that time, our project has just finished IDO<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br> This is a big milestone &#x1f60a;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> After more than 8 months of construction and development, we have had remarkable achievements.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>\nWhat had changed since January?&#x1f600; Tell us more<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never\nDM First):<\/strong> <br>\nToday I return to the community to share what PolkaBridge has done and what we\nwill do in the future.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"621\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-09-11_22-33-48-1024x621.jpg\" alt=\"\" class=\"wp-image-12291\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-33-48-1024x621.jpg 1024w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-33-48-300x182.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-33-48-768x466.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-33-48.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p> These are the achievements that we have built<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br>\nWe are honored to know about this&#x1f44d;<\/p>\n\n\n\n<p> You guys did a good job &#x1f44f;<\/p>\n\n\n\n<p> Thanks for a great introduction, we will have several questions selected for Part 1. Ready to start?<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never\nDM First):<\/strong> <br>\nThank you &#x2764;&#xfe0f;<\/p>\n\n\n\n<p>  Yes ready now.<\/p>\n\n\n\n<p><em> Q1 from Telegram User @JaviSuBs&#x2122;<br><\/em><strong> Greetings PolkaBridge, I want to start on your platform, but I do not have $ PBR token, where can I get them at the moment and what is their value? What is my benefit within PolkaBridge to have PBR token, can I pay commission fees with PBR token? I have the opportunity to participate in IDO projects, just by having the token? You can explain more about the functionality of the token and how to use it correctly.<\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> That&#8217;s a great question.<\/p>\n\n\n\n<p> Benefits when you hold PBR<\/p>\n\n\n\n<ol><li>Join launchpad<\/li><li>Potential to increase price<\/li><li>Join governance <\/li><li>Stake and farm $PBR, earn more $PBR <\/li><\/ol>\n\n\n\n<p>We are a Defi Hub, it is the hub of Defi applications, this is essential for crypto users.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br> And all these features are live now?)<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> Our launchpad will include 2 rounds: 1st round for users who have participated in PBR staking and 2nd round for the public community (if 1st round is not sold out)<\/p>\n\n\n\n<p>  Yes<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Awesome &#x1f44d;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never\nDM First):<\/strong> <\/p>\n\n\n\n<ol><li>You can stake PBR at https:\/\/stake.polkabridge.org\/<\/li><li>Farming at https:\/\/farm.polkabridge.org\/ <\/li><li>Join IDO at\n     https:\/\/launchpad.polkabridge.org\/<\/li><\/ol>\n\n\n\n<p> Currently, PBR is available on both Ethereum and Polygon platforms. <\/p>\n\n\n\n<p><a href=\"https:\/\/app.uniswap.org\/#\/swap?outputCurrency=0x298d492e8c1d909d3f63bc4a36c66c64acb3d695&amp;use=V2\">https:\/\/app.uniswap.org\/#\/swap?outputCurrency=0x298d492e8c1d909d3f63bc4a36c66c64acb3d695&amp;use=V2<\/a><br> <a href=\"https:\/\/quickswap.exchange\/#\/swap?outputCurrency=0x0d6ae2a429df13e44a07cd2969e085e4833f64a0\">https:\/\/quickswap.exchange\/#\/swap?outputCurrency=0x0d6ae2a429df13e44a07cd2969e085e4833f64a0<\/a><\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>\nHow things are going with farming and staking?<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never\nDM First):<\/strong> <br>\nTVL on farming and staking platform, reached over 4M$<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Wow, great numbers &#x1f44f;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> We are currently running staking pools for projects on BSC, Ethereum and Polygon.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br>\nWow! Amazing!<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never\nDM First):<\/strong> <br>\nThe total number of users participating is up to more than 3000<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br> Your results are incredible&#x1f44f;&#x1f44f;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"766\" height=\"1024\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-09-11_22-36-18-766x1024.jpg\" alt=\"\" class=\"wp-image-12293\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-36-18-766x1024.jpg 766w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-36-18-224x300.jpg 224w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-36-18-768x1027.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-36-18-300x400.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-36-18.jpg 957w\" sizes=\"(max-width: 766px) 100vw, 766px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"789\" height=\"1024\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-09-11_22-36-29-789x1024.jpg\" alt=\"\" class=\"wp-image-12294\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-36-29-789x1024.jpg 789w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-36-29-231x300.jpg 231w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-36-29-768x997.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-36-29.jpg 986w\" sizes=\"(max-width: 789px) 100vw, 789px\" \/><\/figure>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br>\nThanks for your answers!<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>\nCongratulations &#x1f38a;&#x1f38a;&#x1f38a;<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br>\nDo you want to add something?<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> In addition, we also have a monthly token burn and deflation mechanism burning.<\/p>\n\n\n\n<p> We will burn 1M PBR per month.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br>  Can you tell us more about this?<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"683\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-09-11_22-38-43-1024x683.jpg\" alt=\"\" class=\"wp-image-12297\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-38-43-1024x683.jpg 1024w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-38-43-300x200.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-38-43-768x512.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-38-43-391x260.jpg 391w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-38-43.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p> The next burn will be next week.<\/p>\n\n\n\n<p> We will burn until the total supply is 50M.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Oh, that&#8217;s a nice event&#x1f609;<\/p>\n\n\n\n<p> Thank you for your answers! Ready to proceed?&#x1f680;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> Go ahead.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br>\nThanks for your answers and clarification&#x1f60a;<\/p>\n\n\n\n<p><em> Q2 from Telegram User @Ajpaa<br><\/em><strong> PolkaBridge is said to provide an insurance fund for it\u2019s users as a way of ensuring the security of their investment through A reserve fund for compensation if any loss occurs. How will this be implemented and who will be eligible for this reserve fund compensation? Is there a % of loss this reserve fund will be able to cover? What other security measures is PolkaBridge putting in place to ensure the security and safety of your users fund and the ecosystem generally?<\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> Unlike other Defi platforms, we always have a reserve fund to compensate users when something goes wrong such as hacking, scam IDO projects\u2026<br> The most recent time in May, we compensated players for participating in a scam IDO project, with a total reward of up to 100k$.<\/p>\n\n\n\n<p> Compensation through PBR or USDT.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>\nWhat is the total sum in your reserve fund?<\/p>\n\n\n\n<p> Currently?&#x1f600;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br>  Up to now, our Dapps have not been hacked, so there is no compensation for this case.<\/p>\n\n\n\n<p>  2M PBR &amp; 500k$ USDT<\/p>\n\n\n\n<p> In addition, our contracts have been audited by Certik, so there are no problems <br> <a href=\"https:\/\/certik.org\/projects\/polkabridge\">https:\/\/certik.org\/projects\/polkabridge<\/a><\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Wow&#x1f44d; do you plan to increase it or its maximum?<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br>  Safety first &#x1f44c;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br>  Of course, it will increase. It will be deducted from the Ecosystem fund and a part of the project&#8217;s revenue.<\/p>\n\n\n\n<p> The project&#8217;s revenue comes from token sales, IDO fees, and soon transaction fees on AMM.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>\nFantastic! Your users are safe&#x1f525;<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br> Thanks for your answers<\/p>\n\n\n\n<p> Ready to proceed to the next question?<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> Sure,<\/p>\n\n\n\n<p> Let&#8217;s go &#x1f525;<\/p>\n\n\n\n<p><em> Q3 from Telegram User @Asela1112<br><\/em><strong> You built a bond with PolkaWar &amp; CORGIB platforms Which is more popular for NFTs. So I want to know, Will you integrate NFTs in to PolkaBridge ecosystem with the help of PolkaWar &amp; CORGIB platforms? If yes, What kind of NFTs, Will you offer to the $PBR Community? Will you &amp; your team Create NFTs by yourself or Will you allow the Community artists also to involve in NFTs creating works? What kind of real world benefits, Will Your NFTs have? How about the NFT evaluation process, Will CORGIB &amp; PolkaWar platforms support you in evaluation process? Will your NFTs be available on PolkaWar &amp; CORGIB NFT marketplaces in future?<\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br>  GOOD QUESTION &#x2764;&#xfe0f;<\/p>\n\n\n\n<p> PolkaBridge&#8217;s ecosystem currently includes: <\/p>\n\n\n\n<ol><li>PolkaBridge &#8211; Multichain &amp; CrossChain\n     Defi application platform<br>\n     2 .PolkaWar &#8211; NFT Gaming platform<\/li><li>CORGIB &#8211; meme token and NFT marketplace\n     platform<\/li><\/ol>\n\n\n\n<p> Currently, PolkaWar and CORGIB are still in the process of building and developing. Once mainnet live, we will integrate PBR to increase the diversity of PBR tokens.<br> Example: <br> PBR will be integrated in PolkaWar. Game players need to hold PBR and PWAR to participate in the match. PBR will also be used to reward players.<br> You can learn more about the PolkaWar project here https:\/\/polkawar.com<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Yes, that&#8217;s a great project!<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> For the CORGIB project, we will develop the NFT Marketplace, where users can buy and sell NFT items created by them. <br> You can learn more about the CORGIB project here <a href=\"https:\/\/corgib.polkabridge.org\/\">https:\/\/corgib.polkabridge.org\/<\/a><\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br> You are in absolute crypto gaming trend &#x1f601;<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  When you plan this Marketplace to go live?<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> PolkaBridge&#8217;s ecosystem is very diverse, in many fields. Projects will support each other to develop together. Of course, PolkaBridge is the center of development.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  &#x1f525;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br>  Originally planned for September, but due to so much development for PolkaBridge and PolkaWar, we are rescheduled to October<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>\nBut it&#8217;s almost here &#x1f603;<\/p>\n\n\n\n<p> Thank you for your detailed answers!<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br> Thanks for your great answers.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>\nReady to jump to the next question?<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> Sure.<\/p>\n\n\n\n<p><em> Q4 from Telegram User @yellowchamp<br><\/em><strong> On your roadmap Q4 2021, you plan to migrate $PBR to MoonBeam parachain and you will integrate PolkaDot into PolkaBridge DEFI application AMM, Staking, Farming, LaunchPad. So, why do you decide to migrate $PBR to MoonBeam? What are the advantages of MoonBeam? Can you tell us an advanced idea more about the migration of $PBR to MoonBeam? As you will integrate PolkaDot into PolkaBridge DEFI application AMM, Staking, Farming, LaunchPad, what do you think will be the outcome upon bridging to Polkadot? Why do you need to integrate Polkadot and not launch your own Staking, Farming, LaunchPad in your platform? Could you explain more the mechanism of Staking, Farming, LaunchPad upon integrating to Polkadot? Thank you<\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> Moonbeam is a smart contract platform on Polkadot, it allows us to develop Defi applications on Ethereum on Polkadot. We decided to use MoonBeam and not through a parachain auction, because we developed smart contracts on Ethereum, using Solidity language. So when we integrate Moonbeam, it will be very easy, there won&#8217;t be much technical change.<\/p>\n\n\n\n<p> Therefore, through the Moonbeam parachain, PolkaBridge will be able to interact with PolkaDot, thereby integrating PolkaDot into PolkaBridge&#8217;s existing Staking, Farming, Launchpad, AMM platforms.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br> It makes sense.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  For those who are not familiar with Polkadot ecosystem can you explain which choice did you have and why you choose Moonbeam? Or there was no choice?<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never\nDM First):<\/strong> <br>\nAnd with Moonbeam, you just need to use Metamask wallet (or Trustwallet) to\ninteract with PolkaBirdge, no need to use PolkaDot&#8217;s own wallet .<br>\nIt will bring convenience to users, especially those who are familiar with\nMetamask<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br> Really this is a convenient solution&#x1f44f;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never\nDM First):<\/strong> <br>\nFor example, you have tokens on PolkaDot wallet, you can bridge to Ethereum and\nswap it in a very normal way.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br> Thank you very much for the clarifications and answers!<\/p>\n\n\n\n<p> Let&#8217;s proceed to the next question&#x1f680;<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  This solve a lot of problems!&#x1f680;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br>  What you need to do is add a new RPC on Metamask wallet called MoonBeam Network . <br> And then, transfer the bridge token from PolkaDot to the Metamask wallet. You can then swap on PolkaBridge&#8217;s Multichain AMM normally, like Uniswap\u2026<\/p>\n\n\n\n<p><em> Q5 from Telegram User @Jamesxmen<br><\/em><strong> 13th- 19th of September, PolkaBridge plans to release MultiChain AMM V1 (Support Swap ERC20 token) &amp; MultiChain AMM V2 (Support Swap BEP20 token &amp; Polygon Token) will release in the end of September. Can you tell us more details about this interesting Swap system? How will be the efficiency of those AMM versions? How will be the Swap fees on both AMM versions? Can Users exchange any kind of ERC20, BEP20 tokens through these Swaps? What are the main liquidity pools that you use to maintain adequate liquidity in these AMMs?<\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> This is how PolkaBridge AMM works.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"546\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-09-11_22-43-21-1024x546.jpg\" alt=\"\" class=\"wp-image-12298\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-43-21-1024x546.jpg 1024w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-43-21-300x160.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-43-21-768x410.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-43-21.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>\nWhich kind if tokens users can swap?&#x1f603;<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br>\nAnd will there be an airdrop, I would like to add to the question &#x1f601;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> Multichain AMM, which means you only need to stand in one place and can interact with many different blockchains. You don&#8217;t need to use Uniswap, PancakeSwap anymore.<br> You just need to use PolkaBridge Multichain AMM, you can swap tokens on ERC20, BEP20, Polygon, Polkadot platforms in one place, just set up network on Metamask wallet (or Trustwallet\u2026)<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Ahaha&#x1f602; this sweet word<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> And the transaction fee is 0.2% (cheaper than Uniswap 0.25% and Pancakeswap 0.3%).<\/p>\n\n\n\n<p> Everything will be thoroughly audited before running, so it will be absolutely safe.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Yes, transaction fees are very attractive &#x1f603;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br>  We are planning to airdrop for top 100 users with a large monthly trading volume. Please wait for the specific announcement after AMM launches<\/p>\n\n\n\n<p>  In addition, we will use 20% transaction fee to buy back and burn PBR. That will increase the value of PBR in the long term<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Satoshiclubbers, check this&#x1f609;<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never\nDM First):<\/strong> <br>\nIt can be said that you don&#8217;t need to use Uniswap or Pancakeswap anymore :))<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Ahaha, can&#8217;t wait to try &#x1f525;&#x1f525;&#x1f525;<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> <br> Thanks for your answers.<\/p>\n\n\n\n<p> Are you ready for the last question of this part?<\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br> YES.<\/p>\n\n\n\n<p><em> Q6 from Telegram User @Jonahapagu<br><\/em><strong> Polkabridge has on its platform a Prediction Feature where users can Participate in predicting the market and receive rewards for being correct. how does this your predicting feature work, what are users predicting on or about, what is the requirement for participating in the prediction market, and what will be the rewards for users who get accurate predictions in PolkaBridge\u2019s Predicting market..<\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong> <br>  Prediction is our future product where players can predict the price of assets and tokens to make a profit.<br> We currently do not have a specific plan for this product. <br> Currently, we are focusing on perfecting Multichain AMM and following it CrossChain AMM.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  But I can predict that if you will create this it will be something special &#x1f603;<\/p>\n\n\n\n<h2> <strong>Part 2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n<p><em>Q1 from Telegram user<strong> <\/strong>@slla1112<\/em><br><strong>What are PolkaBridge Project acceptance criteria? I read that your launchpad will be 2 turns. If the token runs out in the 1st round, will there be no sales to the public?<\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<br><\/strong> We select quality projects, based on the following criteria:<\/p>\n\n\n\n<ol><li>Team doxxed   <\/li><li>Have MVP or Beta<\/li><li>There are big backers behind<\/li><li>Have a strong community<\/li><li>Reasonable Tokenomics Design <\/li><\/ol>\n\n\n\n<p>From next IDO, our launchpad will include  2 rounds: 1st round for users who have participated in PBR staking and 2nd round for public community  (if 1st round is not sold out). We don&#8217;t do whitelist rounds anymore.<\/p>\n\n\n\n<p><em> Q2 from Telegram user @Gbasdfg<\/em><br><strong>The total supply of $ PBR is 100,000,000. Do you believe that this large supply will have a negative impact on the token price? How will these tokens be distributed?<\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<br><\/strong> We have a monthly token burn mechanism and a transaction token burn mechanism. So total supply will decrease gradually. In the next 2 years, Total supply will decrease to 50M (maximum) <br> About tokenomics, you can read more in whitepaper <a href=\"https:\/\/polkabridge.org\/docs\/whitepaper.pdf\">https:\/\/polkabridge.org\/docs\/whitepaper.pdf<\/a><\/p>\n\n\n\n<p><em> Q3 from Telegram user @alberto_vzla<\/em><br><strong>I liked that you said that players must have PBR and PWAR to participate in the game. PBR will also be used to reward players. What percentage of PBR is destined to incentivize or reward these players according to their participation?<\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<br><\/strong> PBR will be integrated into the PolkaWar Gaming platform, to reward players.<br> Regarding allocation, will deduct a small part from PolkaBridge&#8217;s marketing fund. It won&#8217;t be much, mainly for the purpose of introducing and promoting the PolkaBridge brand.<\/p>\n\n\n\n<p><em> Q4 from Telegram user @Pratze<\/em><br><strong>Hello, I&#8217;m interested in PolkaBridge new stake system for $PBR on Polygon, what makes this new staking better than another stake? and how about the calculation of APY ? can you explain?<\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<br><\/strong> We just launched staking on Polygon, the transaction fee is very low (about 0.1$). Every month, 200k PBR will be put into the staking pool as a reward for stackers.<br> You can read more here <a href=\"https:\/\/polkabridge.medium.com\/polkabridge-integrates-with-polygon-full-stack-scaling-solution-stake-pbr-on-polygon-with-lower-c6bd6e0a7ea8\">https:\/\/polkabridge.medium.com\/polkabridge-integrates-with-polygon-full-stack-scaling-solution-stake-pbr-on-polygon-with-lower-c6bd6e0a7ea8<\/a><\/p>\n\n\n\n<p><em> Q5 from Telegram user @habibi_ve<\/em><br><strong>You mention that we can participate in IDO projects by holding $PBR. What is the minimum amount of $PBR I must have in order to participate in IDOs?<\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<br><\/strong> If you want to join IDO, you must stake at least 3000 PBR.<\/p>\n\n\n\n<p><em> Q6 from Telegram user @DK177<\/em><br><strong>$PBR has been listed on some exchanges including uniswap and MXC. However, don&#8217;t you have a plan to list some major and popular exchanges such as Binance and Bittrex Global? Your current average price is 0.4$. However, it seems you had an ATH of 0.8$. Do you think that you can reach 1$ if you list on some major exchanges? <\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<br><\/strong> As planned, we will list Top1 exchanges this month. Please wait for our announcement.<\/p>\n\n\n\n<p><em> Q7 from Telegram user @Karry1999<\/em><br><strong>What plans have you made for the Marketing and advertising for the Polkabridge project? What Strategy have you made to attract a large amount of investors and users?<\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<br><\/strong> In terms of marketing, we will continue to connect with famous influencers, to introduce PolkaBridge to more investors.<br> And especially<br> We will be attending the Defi Summit (WNDS), which will be held  in Dubai on September 23.<\/p>\n\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"PolkaBridge Participates In The WNDS Conference - WorldDefiSummit - Teaser Video\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/0rs3zjBM4WY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>This is also a big marketing step.<\/p>\n\n\n\n<p><em> Q8 from Telegram user @Xusuo<\/em><br><strong>I hear that PolkaBridge just launch new development about Multichain Automated Market Maker (AMM) DEX, could you explain more detail about this feature? what chain that you support?<\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<\/strong><br> Multichain AMM, which means you only need to stand in one place, and can interact with many different blockchains. You don&#8217;t need to use Uniswap, PancakeSwap anymore.<br> You just need to use PolkaBridge Multichain AMM, you can swap tokens on ERC20, BEP20, Polygon, Polkadot platforms in one place, just setup network on Metamask wallet (or Trustwallet\u2026)<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"546\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-09-11_22-54-22-1024x546.jpg\" alt=\"\" class=\"wp-image-12302\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-54-22-1024x546.jpg 1024w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-54-22-300x160.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-54-22-768x410.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-54-22.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The transaction fee is 0.2% (cheaper than Uniswap 0.25% and Pancakeswap 0.3%)<\/p>\n\n\n\n<p>First, we will integrate Ethereum, BSC and Polygon. Later will integrate Polkadot, Solona<\/p>\n\n\n\n<p><em> Q9 from Telegram user @Kabirkapoor9<\/em><br><strong>What is deflationary farming? How we can get benefits out of it? How its different from normal farming?<\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First)<br><\/strong> PolkaBridge Deflationary Farming is different from others projects.<br> Our rewards farming come from transaction fees. The more people transfer PBR tokens to each other, the more rewards for farmers will be, along with more PBR tokens burned. So that APY will depend on this operation.<br> This increases the value of the PBR token in the future when the supply is less and less.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"936\" height=\"391\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-09-11_22-55-45.jpg\" alt=\"\" class=\"wp-image-12303\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-55-45.jpg 936w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-55-45-300x125.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-09-11_22-55-45-768x321.jpg 768w\" sizes=\"(max-width: 936px) 100vw, 936px\" \/><\/figure>\n\n\n\n<p>You can join farming at <a href=\"https:\/\/farm.polkabridge.org\">https:\/\/farm.polkabridge.org<\/a><\/p>\n\n\n\n<p><em> Q10 from Telegram user @MdLuffyo<\/em><br><strong>Does your platform allow for different cross-chain swaps? Does PolkaBridge platform need any parachain slots? Why did PolkaBridge choose Polkadot, do you plan to integrate it into different networks in the future?<\/strong><\/p>\n\n\n\n<p><strong>Cyclese | CEO &amp; Co-Founder PolkaBridge (Never DM First):<br><\/strong> We are not participating in Parachain auction but will develop on Moonbeam parachain. <br> Cross-chain Swap is one of PolkaBridge&#8217;s most important and prominent products. Currently, there are many different blockchain platforms, so Cross-chain will be the solution in the future.<\/p>\n\n\n\n<h2><strong>Part 3 \u2013 Quiz Results<\/strong><\/h2>\n\n\n\n<p>In the final part, we tested your knowledge in terms of  PolkaBridge. They\u2019ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.<br><strong>For more information and future AMAs, join our Social Media channels:<br><\/strong>English Telegram group:\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/t.me\/Satoshi_club\" target=\"_blank\">https:\/\/t.me\/Satoshi_club<\/a><br>Russian Telegram group:\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/t.me\/satoshi_club_ru\" target=\"_blank\">https:\/\/t.me\/satoshi_club_ru<\/a><br>Spanish Telegram group:\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/t.me\/satoshi_club_spanish\" target=\"_blank\">https:\/\/t.me\/satoshi_club_spanish<\/a><br>Telegram Channel:\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/t.me\/satoshi_club_channel\" target=\"_blank\">https:\/\/t.me\/satoshi_club_channel<\/a><br>Twitter:\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/twitter.com\/realsatoshiclub\" target=\"_blank\">https:\/\/twitter.com\/realsatoshiclub<\/a><br>Website:\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/esatoshi.club\/\" target=\"_blank\">https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n<p><strong>Our partners<\/strong><br> PolkaBridge Telegram community: <a href=\"https:\/\/t.me\/polkabridgegroup\">https:\/\/t.me\/polkabridgegroup<\/a> <br>Twitter: <a href=\"https:\/\/twitter.com\/realpolkabridge\">https:\/\/twitter.com\/realpolkabridge<\/a> <br>Website: <a href=\"https:\/\/polkabridge.org\">https:\/\/polkabridge.org<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from PolkaBridge and our guests were @cyclese_polkabridge &#8211; representatives of PolkaBridge. The AMA took place on the 10th of September. The total reward pool was 500$ and has been split into [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":12152,"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\/12283"}],"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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=12283"}],"version-history":[{"count":15,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/12283\/revisions"}],"predecessor-version":[{"id":12306,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/12283\/revisions\/12306"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/12152"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=12283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=12283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=12283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}