{"id":15663,"date":"2021-12-02T17:25:45","date_gmt":"2021-12-02T14:25:45","guid":{"rendered":"https:\/\/esatoshi.club\/?p=15663"},"modified":"2021-12-02T17:25:47","modified_gmt":"2021-12-02T14:25:47","slug":"genius-yield-x-satoshi-club-ama-recap-from-1st-of-december","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/12\/02\/genius-yield-x-satoshi-club-ama-recap-from-1st-of-december\/","title":{"rendered":"Genius Yield x Satoshi Club AMA Recap from 1st of December"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>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 Genius Yield and our\nguests were @SothyKolmen, @MarvinBertin and @lbrunjes. The AMA took place on 1 December.<\/p>\n\n\n\n<p>The\nAMA session was divided into 3 parts with a total crypto reward pool of 500$ <\/p>\n\n\n\n<p>In\nthis AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n<h2><strong>Part\n1 \u2014 introduction and questions from the Telegram community<\/strong><\/h2>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> Greetings again dear Satoshi Club!<\/p>\n\n\n\n<p>We\nare pleased to announce AMA with Genius Yield<\/p>\n\n\n\n<p>Today\nour guests are @SothyKolmen<\/p>\n\n\n\n<p>@MarvinBertin<\/p>\n\n\n\n<p>@lbrunjes<\/p>\n\n\n\n<p>Hello\nand welcome to Satoshi Club guys&#x2764;&#xfe0f;<\/p>\n\n\n\n<p><strong>Jonah &#x1f3c5;&#x1f3b9; | Satoshi\nClub:<\/strong> Hello Guy&#8217;s welcome to\nSatoshi club &#x1f44f;&#x1f44f;<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> @JohnyCopor and @laubecr welcome to Satoshi Club&#x1f60a;<\/p>\n\n\n\n<p><strong>Jonathan Genius:<\/strong> Hello everyone &#8211; thank you for having us!<\/p>\n\n\n\n<p><strong>Jonah &#x1f3c5;&#x1f3b9; | Satoshi\nClub:<\/strong> Hello.. Welcome to\nSatoshi club<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> Nice to e-meet you<\/p>\n\n\n\n<p>Let&#8217;s\nstart our AMA!<\/p>\n\n\n\n<p>Introduce\nyourself and give us a brief introduction for Genius Yield. What is the main\nIdea of project?<\/p>\n\n\n\n<p><strong>Sothy Kol-Men:<\/strong> Hello everyone. Genius Yield is a Swiss based\nventure that is building a Cardano-powered Yield Optimizer<\/p>\n\n\n\n<p><strong>LauBe:<\/strong> Hello everyone,I am Laurent Bellandi Co-founder of\nGenius Yield<\/p>\n\n\n\n<p><strong>Lars Br\u00fcnjes:<\/strong> Hi everyone, I am Lars, the CTO of Genius Yield. I\nam also the Director of Education at IOHK, the company building the Cardano\nBlockchain. I am a mathematician, software developer and educator, have taught\nPlutus, Cardano&#8217;s smart contract language, to thousands of &#8220;pioneers&#8221;\nand Haskell, the language powering Cardano, all over the world.<\/p>\n\n\n\n<p>I&#8217;m\nexcited to help build Genius Yield and make it the finest DEX and Yield\nOptimizer on Cardano.<\/p>\n\n\n\n<p><strong>Jonah &#x1f3c5;&#x1f3b9; | Satoshi\nClub:<\/strong> &#x1f44f; A well\nExperienced Educator<\/p>\n\n\n\n<p><strong>Jonathan Genius:<\/strong> Hey everyone! My name is John &#8211; I&#8217;ve been working\nin fintech my entire career, with my last stint being with a Southeast Asian\nchallenger bank. I&#8217;ve been dabbling in crypto on a personal level since 2014.\nI&#8217;m now trying to bridge the gap between &#8216;traditional&#8217; fintech marketing and\nDeFi \/ blockchain marketing. Both worlds have a lot to learn from each other\nand I&#8217;m super excited to be a part of this project that&#8217;s aiming to democratize\ninvestments on Cardano.<\/p>\n\n\n\n<p><strong><em>Q1\nFrom Telegram User @iceVermithraxx<\/em><\/strong><\/p>\n\n\n\n<p><strong>Genius Yield is based on Uniswap V3\nprotocol and on Genius Yield, Anyone can list their Native token, Provide initial\nLiquidity to set token price and allows others to SWAP their Native token for\nother assets listed on the platform and Genius Yield offers LPs 3 separate fee\ntiers per pair for stable coin pools, standard non-correlated pools and exotic\nnon-correlated pairs. What are requirements for anyone to be able to list their\nnative token and provide initial liquidity on Genius Yield? can you elaborate\non stable coin pools, standard non-correlated pools and exotic non- correlated\npools and their features? Lastly Can you share the 3 separate fee tiers pair\nGenius Yield offers for each of these pools? Thank You<\/strong><\/p>\n\n\n\n<p><strong>Marvin:<\/strong> Hi I\u2019m Marvin, I am a Machine Learning\/AI Engineer\nfrom San Francisco with years of experience working in Biotech. I\u2019m CSO at Genius\nYield. My role consists in developing the DEX architectures and our Machine\nLearning driven liquidity management strategies.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> Nice to e-meet you guys &#x1f60a;<\/p>\n\n\n\n<p><strong>Lars Br\u00fcnjes:<\/strong> As for who can list &#8211; it&#8217;s a decentralized\nprotocol, so we can&#8217;t (and wouldn&#8217;t want to) stop anybody from participating.<\/p>\n\n\n\n<p><strong>Jonah &#x1f3c5;&#x1f3b9; | Satoshi\nClub:<\/strong> No rules.. no limit?<\/p>\n\n\n\n<p><strong>Lars Br\u00fcnjes:<\/strong> That&#8217;s right, anybody will be able to set up\nliquidity pools for arbitrary token pairs.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> Sounds&#8230; unusual&#8230;&#x1f601;<\/p>\n\n\n\n<p>Please\ntell us in more detail how it works<\/p>\n\n\n\n<p><strong>Marvin:<\/strong> We don&#8217;t have the same fee strucutre as uniswap\nbecause our DEX is not based on a AMM architecture but it will be an Order Book\nbased exchange. This is because Cardano&#8217;s UTXO smart contract design makes\nOrder Book exchanges more computational and captial efficient<\/p>\n\n\n\n<p><strong><em>Q2\nFrom Telegram User&nbsp;&nbsp; @Jmagsss<\/em><\/strong><\/p>\n\n\n\n<p><strong>In order to help and inform new\nusers on the basics of DeFi, Genius Yield will be offering an educational\nplatform called \u201cGenius Yield Academy\u201d. This platform is divided into different\nsections according to languages and level of expertise. There aren\u2019t any much\ninformation stated by your website and whitepaper for this feature. While\nyou\u2019re here, can you please discuss more about the Genius Academy and its\nstructure? Will it be open and accessible by anyone from your community? Most\nimportantly, will this feature require payments or will it be free of charge?<\/strong><\/p>\n\n\n\n<p><strong>Lars Br\u00fcnjes:<\/strong> We plan to offer courses on all our technology and\nalso give background information on DeFi, smart contracts etc.<\/p>\n\n\n\n<p>This\nwill in particular be aimed at newcomers to the crypto space &#8211; a space that can\nbe pretty confusing in the beginning.<\/p>\n\n\n\n<p>We\nwill try to make it more interesting by inviting topic experts for special\nlectures and similar.<\/p>\n\n\n\n<p>Basic\nmaterial will be free, but we consider offering some premium content for\nmembers of our Community.<\/p>\n\n\n\n<p>We\nalso want it to be more like a community, a platform for our users and the\nwhole crypto world to discuss DeFi and Cardano and exchange knowledge, ask\nquestions etc.<\/p>\n\n\n\n<p><strong>Jonah &#x1f3c5;&#x1f3b9; | Satoshi\nClub:<\/strong> All this for free??<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> this is a very necessary and timely undertaking for\nmass adoption &#x1f44f;&#x1f44f;&#x1f44f;<\/p>\n\n\n\n<p>Thanks\nfor your great answers<\/p>\n\n\n\n<p><strong>Lars Br\u00fcnjes:<\/strong> Most of it, yes. But we also want to have some\npremium offers for holders of GENS tokens.<\/p>\n\n\n\n<p>In\ngeneral I firmly believe that education should be freely available to everyone.\nNevertheless, some special advanced courses might be reserved for our members.<\/p>\n\n\n\n<p><strong>Jonathan Genius:<\/strong> Exactly! Financial education will play a key role\nin mass adoption, hence why Genius Academy plays a pivotal part in our project\nand is in line with the very philosophy of our platform.<\/p>\n\n\n\n<p><strong><em>Q3\nFrom Telegram User&nbsp;&nbsp; @ItsMelissa3<\/em><\/strong><\/p>\n\n\n\n<p><strong>One way of The Genius Yield\necosystem to incentivize holders is that it enables users to earn a significant\npassive income. Based on what I have read, all GENS holders will get a reward.\nYou mention that 20% of the transaction fees on the platform will go to GENS\nholders. I have some doubts regarding this distribution. Will this distribution\nhappen after each transaction or will they accumulate until a certain point in\ntime? That is, weekly, monthly or even quarterly? Are there any exclusion\ncriteria in this distribution? Will each of the GENS token holders receive\ntheir reward without exception? Will the rewards be distributed based on the\nnumber of tokens each holder has or will each holder receive the same amount of\nreward?<\/strong><\/p>\n\n\n\n<p><strong>Marvin: <\/strong>GENS holders will have to stake their GENS token\ninto our stake pool to earn a portion platform fees. The longer they stake the\nmore platform fees they will accumulate. We haven&#8217;t decided on the distribution\ncadence just yet.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> do not forget to share with Satoshi Clubbers when\nit becomes available for everyone<\/p>\n\n\n\n<p><strong><em>Q4\nFrom Telegram User&nbsp;&nbsp; @Cheriemike<\/em><\/strong><\/p>\n\n\n\n<p><strong>Genius Yield will be launching its\nISPO(Initial Stake Pool Offering) on December 15 2021, ISPO is a revolutionary\nnew fundraising mechanism that is more fair, inclusive, secure and it poses no\ndanger to delegators since, unlike an IDO, they do not have to spend their ADA\nto obtain protocol tokens.So can you introduce to us some advantages of\nISPO?Can you tell us how many delegators are you expecting to participlate in\nyour ISPO?What is the amount of ADA you expecting to be staked in Genius Yield\npool until the closed date?The variable margin of an ISPO is 100%,what then happens\nif its less than 100%?Can you state the difference between ISPO and ICO\/IDO?\nPlease provide more details on your ISPO. Thanks<\/strong><\/p>\n\n\n\n<p><strong>Marvin:<\/strong> An ISPO allows the community to support their\nfavorite project without investing their own assets (unlike an ICO\/IDO).\nInstead it leverages the network&#8217;s native reward incentive structure. ISPOs are\nonly possible on the Cardano blockchain because of its unique stake pool\ndelegation structure.<\/p>\n\n\n\n<p>We\ndon&#8217;t have an expected number of delegator but we estimated that we plan to\nsaturate 2-3 stake pools over 6 month. Each pool can hold 64 Million ADA. We\nhave two stake pools at the momen open. One with 100% fees and one with 50%\nfees. By delegating to the 100% pool, you will accumulate twice as many GENS\ntokens compared to the 50% pool. In the 50% pool you are only giving away 50%\nof your ADA staking reward and therefore accumulate only half of the possible\nGENS per epoch<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> This is very good, I dare say<\/p>\n\n\n\n<p>Btw\nshare your tokenomics with us please<\/p>\n\n\n\n<p><strong>LauBe:<\/strong> Total supply: 100 000 000 (one hundred million).<\/p>\n\n\n\n<p>Seed\nRound 10%:&nbsp; of the total supply; 10%\nvesting on listing, linear vesting over 24 months for the rest starting from\nthe 3rd month after TGE.<\/p>\n\n\n\n<p>Private\nRound 10%: of the total supply; 10% vesting on listing, linear vesting over 24\nmonths for the rest starting from the 3rd month after TGE.<\/p>\n\n\n\n<p>ISPO\n10%:&nbsp; of the total supply; 10% vesting on\nlisting, linear vesting over 12 months for the rest starting from the 1st month\nafter TGE.<\/p>\n\n\n\n<p>Public\nPre-Sales 3%:&nbsp; of the total supply\nreserved for the fundraising, directly tradable by investors.<\/p>\n\n\n\n<p>Team\n18% : of the total supply; lock-up for 6 months after TGE, then vesting for 36\nmonths.<\/p>\n\n\n\n<p>Marketing\n&amp; Partnership 5%: of the total supply; lock-up for 1 months after TGE,\nreserved for marketing and partnership, vesting for a 2-year period.<\/p>\n\n\n\n<p>Token\nLiquidity 12%: of the total supply; lock-up for 1 month after TGE, reserved for\nGenius Yield Liquidity Pool and other exchanges, vesting for 2 years. <\/p>\n\n\n\n<p>Ecosystem\ndevelopment fund 6 %: of the total supply; reserved for development vesting for\n2-year.<\/p>\n\n\n\n<p>Rewards\nprogram 20%: of the total supply; reserved for the fund for liquidity mining on\nGenius Yield vesting for 3-year.<\/p>\n\n\n\n<p>DAO\ntreasury 6%: of the total supply; lock-up for 1 month after TGE, then vesting\nfor 36 months.<\/p>\n\n\n\n<p><strong>Jonah &#x1f3c5;&#x1f3b9; | Satoshi\nClub:<\/strong> Wao.. this is\ncomprehensive<\/p>\n\n\n\n<p><strong><em>Q5\nFrom Telegram User @KathDM<\/em><\/strong><\/p>\n\n\n\n<p><strong>I read that we can participate in\nthe governance of Genius Yield by simply holding $GENS. It caught my attention\nthat voting power is derived from the $GENS holdings of the participant. This\nmeans that those users who have more GENS tokens will have more voting power.\nSome users do not agree with this method because the \u2018whales\u2019 would have more\ncontrol and could manipulate the ecosystem at will. Why did you guys decide to\ndo it this way? Do you consider the method in which each user has equal voting\npower to be disadvantageous?<\/strong><\/p>\n\n\n\n<p><strong>Lars Br\u00fcnjes:<\/strong> In a Proof of Stake system, that&#8217;s how it works &#8211; for\nbetter or for worse. It&#8217;s how Cardano, the platform we&#8217;re building on, also\nworks.<\/p>\n\n\n\n<p>That\nbeing said, we will refine it over time &#8211; maybe by adding some extra voting\npower for loyalty, rewarding long-term holders of GENS.<\/p>\n\n\n\n<p>Other\nmechanisms are conceivable.<\/p>\n\n\n\n<p>In\naddition to this, it is not easy to identify individual users in the\ndecentralized world of crypto &#8211; without using some sort of identity system.<\/p>\n\n\n\n<p><strong>Lars Br\u00fcnjes:<\/strong> We will keep it simple in the beginning and refine\nover time.<\/p>\n\n\n\n<p><strong>Jonah &#x1f3c5;&#x1f3b9; | Satoshi\nClub:<\/strong> I believe the refining\nwill happen alongside your community&#8217;s input<\/p>\n\n\n\n<p><strong>Lars Br\u00fcnjes:<\/strong> Exactly!<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> it would be nice if you could share a roadmap with\nus.<\/p>\n\n\n\n<p><strong>LauBe:<\/strong> 2021\/Q3<\/p>\n\n\n\n<p>Genius\nYield Ideation &amp; Website<\/p>\n\n\n\n<p>Team\nBuilding<\/p>\n\n\n\n<p>Tokenomics<\/p>\n\n\n\n<p>2021\/Q4<\/p>\n\n\n\n<p>Seed\nRound &amp; Pre-Sales<\/p>\n\n\n\n<p>Marketing\ncampaign<\/p>\n\n\n\n<p>Initial\nStake Pool Offering<\/p>\n\n\n\n<p>Genius\nDEX Whitepaper <\/p>\n\n\n\n<p>2022\/Q1<\/p>\n\n\n\n<p>Genius\nDEX Testnet<\/p>\n\n\n\n<p>Genius\nAcademy<\/p>\n\n\n\n<p>Ambassador\nProgram<\/p>\n\n\n\n<p>2022\/Q2<\/p>\n\n\n\n<p>Genius\nDEX launch<\/p>\n\n\n\n<p>Reward\nProgram<\/p>\n\n\n\n<p>Smart\nLiquidity Vault Whitepaper<\/p>\n\n\n\n<p>2022\/Q3<\/p>\n\n\n\n<p>Smart\nLiquidity Vault launch<\/p>\n\n\n\n<p>Fiat\nGenius Wallet<\/p>\n\n\n\n<p>2022\/Q4<\/p>\n\n\n\n<p>Marlowe-like\nSmart Swap customization<\/p>\n\n\n\n<p>Genius\nVault Strategy competition<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> Much has already been done and a lot of work ahead&#x1f525;&#x1f525;&#x1f525;<\/p>\n\n\n\n<p><strong>Jonah &#x1f3c5;&#x1f3b9; | Satoshi\nClub:<\/strong> Have you done any\nAudit?<\/p>\n\n\n\n<p><strong>Lars Br\u00fcnjes:<\/strong> Not yet, but of course we will undergo an audit\nbefore launch.<\/p>\n\n\n\n<p><strong><em>Q6\nFrom Telegram User @Billz120<\/em><\/strong><\/p>\n\n\n\n<p><strong>Genius Yield will offer liquidity\npools on the Cardano blockchain that will allow users to utilize DeFi services\nin a secure environment with Superior performance and scalability; the genius\nYield pools will enable users to swap their Cardano native Tokens for $Gens,\nwhich can then be used to open an account on the Genius platform, for staking,\nand becoming a validator on the Genius protocol. How would users who do not\nhave Cardano Native Tokens on the blockchain be able to open an account on the\nGenius platform, for staking, and becoming a validator on the Genius protocol?<\/strong><\/p>\n\n\n\n<p><strong>Lars Br\u00fcnjes:<\/strong> We will integrate our own Wallet into our platform,\nwhich will make it easy to convert FIAT into ADA, thus enabling even newcomers\nto participate easily.<\/p>\n\n\n\n<p><strong>Jonah &#x1f3c5;&#x1f3b9; | Satoshi\nClub:<\/strong> What currencies will\nthis your wallet support?<\/p>\n\n\n\n<p><strong>Marvin:<\/strong> We can&#8217;t share just yet what currencies will be\nsupported, but we can say that at least the major ones will be there like USD\n&amp; EUR<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> &nbsp;&#x1f44c;\ngotcha &#x1f600;<\/p>\n\n\n\n<p>Thanks\nfor your answers<\/p>\n\n\n\n<p>Please\nshare with our community useful links on your social networks<\/p>\n\n\n\n<p><strong>Jonathan Genius:<\/strong><\/p>\n\n\n\n<p>Website:\n<a href=\"https:\/\/www.geniusyield.co\">https:\/\/www.geniusyield.co<\/a> &nbsp;&nbsp;<\/p>\n\n\n\n<p>Telegram:\n<a href=\"https:\/\/bit.ly\/GY-telegram\">https:\/\/bit.ly\/GY-telegram<\/a> &nbsp;&nbsp;<\/p>\n\n\n\n<p>Discord:\n<a href=\"https:\/\/bit.ly\/GY-discord\">https:\/\/bit.ly\/GY-discord<\/a> &nbsp;&nbsp;<\/p>\n\n\n\n<p>Medium:\n<a href=\"https:\/\/geniusyield.medium.com\/\">https:\/\/geniusyield.medium.com\/<\/a> &nbsp;<\/p>\n\n\n\n<p>Twitter:\n<a href=\"https:\/\/twitter.com\/GeniusyieldO\">https:\/\/twitter.com\/GeniusyieldO<\/a>\n<\/p>\n\n\n\n<p><strong>Sothy Kol-Men:<\/strong><\/p>\n\n\n\n<p>&nbsp;LinkedIn: <a href=\"https:\/\/www.linkedin.com\/company\/geniusyield\/?viewAsMember=true\">https:\/\/www.linkedin.com\/company\/geniusyield\/?viewAsMember=true<\/a>\n<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club:<\/strong> Thanks for sharing! &#x1f680; And we can move on to\nthe most impressive part of our AMA &#8211; the live interaction with our community.<\/p>\n\n\n\n<h2><strong>Part\n2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n<p><strong><em>Q1. from telegram username@<\/em><\/strong><\/p>\n\n\n\n<p><strong>Question deleted by user<\/strong><\/p>\n\n\n\n<p><strong>Lars\nBr\u00fcnjes:<\/strong> Anybody can invest and yield rewards. We care\nparticularly about newcomers and small investors, but &#8220;whales&#8221; are\nobviously welcome as well.<\/p>\n\n\n\n<p><strong><em>Q2. from telegram username @shangchi404<\/em><\/strong><\/p>\n\n\n\n<p><strong>Do\nyou have AUDIT certificates,&nbsp; or are you\nworking to AUDIT your project, to make it more secure and reliable???<\/strong><\/p>\n\n\n\n<p><strong>Sothy\nKol-Men:<\/strong> For the time-being we are building our prototype.\nBefore deploying our first version, we will be engaging an auditor to review\nour product<\/p>\n\n\n\n<p><strong><em>Q3. from telegram username @Xusuo<\/em><\/strong><\/p>\n\n\n\n<p><strong>so\nGenius Yield work under chain Cardano, may i know the reason why choose Cardano\nas main chain ? do you have plan to have other chain also like&nbsp; BSC,DOT, or maybe Solana?<\/strong><\/p>\n\n\n\n<p><strong>Lars\nBr\u00fcnjes:<\/strong> Cardano is a third generation blockchain that\noffers higher security, higher throughput and lower fees. <\/p>\n\n\n\n<p>Optimizing yields is\nmuch easier and more profitable if profits are not eaten up by bloated gas\nfees.<\/p>\n\n\n\n<p>Cardano has been built\nwith a Research First mindset, so the tech is rock solid and state-of-the-art\nand makes it easier to mathematically prove correctness of our smart contracts,\nwhich seems particularly important for a system with billions of dollars at\nstake.<\/p>\n\n\n\n<p><strong><em>Q4. from telegram username @gemshunter22<\/em><\/strong><\/p>\n\n\n\n<p><strong>Your\nproject is very unique , how can a new investor invest on your project? How can\nI buy $GENS?<\/strong><\/p>\n\n\n\n<p><strong>Sothy\nKol-Men:<\/strong> Our seed round was successfully closed early\nNovember. Soon, we&#8217;ll be launching our Initial Staking Pool Offering (ISPO)\nwhere ADA holders can stake their tokens and get GENS tokens as rewards. So\nit&#8217;s a unique opportunity for the Cardano community to support Genius Yield<\/p>\n\n\n\n<p><strong><em>Q5. from telegram username<\/em><\/strong>  @<strong><em>Einsteinyl<\/em><\/strong> <\/p>\n\n\n\n<p><strong>Well\nmy opinion Genius Yield is really great project, could you share in here about\nthe token sale of $GENS where to get, also do you have the whitelist or presale\nevent? ?<\/strong><\/p>\n\n\n\n<p><strong>LauBe: <\/strong>Everyone can participate in our ISPO, starting December 15th until June 15th. We have a great incentive program with BONUS + limited edition NFTs ( partnership with famous artists). You can find more details here <a href=\"https:\/\/docs.geniusyield.co\/ispo\/initial-stake-pool-offering-ispo\">https:\/\/docs.geniusyield.co\/ispo\/initial-stake-pool-offering-ispo<\/a>. At the end of the ISPO we will do a public pre-sales, and everyone can participate on whitelist.<\/p>\n\n\n\n<p><strong><em>Q6. from telegram username@Azrael_GC<\/em><\/strong><\/p>\n\n\n\n<p>&nbsp;<strong>&#x1f33a;\nI see that your platform aims to cater to a wide variety of customers, from\nadvanced to beginners, do you consider that your platform is easy to use and\nunderstandable for beginners in the world of cryptocurrency trading or do you\nhave to have a minimum of knowledge to work with Genius Yield? Do you have any\nbenefits for novice users that we will not find in other yield optimizers?<\/strong><\/p>\n\n\n\n<p><strong>Jonathan\nGenius: <\/strong>Thanks for a great question. We firmly believe that\nmass adoption will come from: 1) a simple yet powerful user interface and 2)\nunderstanding and managing risk exposure. By helping our users get the hang of\nall the parameters that go into an investment strategy and giving them the\ntools to customize their own, we&#8217;ll empower them to make their money work\nharder for them by harnessing the power of yield farming. We want the platform\nto be accessible to all levels &#8211; from novice to advanced users.<\/p>\n\n\n\n<p><strong><em>Q7. from telegram username @esrarengizbtc<\/em><\/strong><\/p>\n\n\n\n<p><strong>The\nweakness of smart contracts is the most important issue that scares crypto\ninvestors. Do you believe that the security problem can be solved 100% by\nauditing smart contracts by professional institutions? How do you think a\ncompletely secure platform can be created?<\/strong><\/p>\n\n\n\n<p><strong>Lars\nBr\u00fcnjes:<\/strong> 100% security may be an unattainable goal, but\nCardano certainly makes it much easier to mathematically prove contract\ncorrectness, seeing as the EUTxO-model makes this much easier than\naccount-based models like the one used by for example Ethereum.<\/p>\n\n\n\n<p>In addition to the\n&#8220;gold standard&#8221;, mathematical proofs, Cardano smart contracts can\nalso be tested with powerful tools like &#8220;property based testing&#8221;,\nmade possible by the fact that they are written in Plutus, a version of\nHaskell.<\/p>\n\n\n\n<p><strong><em>Q8. from telegram username @jirencrypto<\/em><\/strong><\/p>\n\n\n\n<p><strong>How\ndoes Genius Yield plan to stimulate the adoption of crypto? What do you\nconsider to be the key points to achieve global adoption?<\/strong><\/p>\n\n\n\n<p><strong>&nbsp;Jonathan Genius: <\/strong>As\nwith traditional financial services, we understand that financial literacy and\neducation will play a key role in moving people up the value chain. If you buy\ncryptocurrencies but do not stake them or make use for yield farming, you&#8217;re\nmissing on huge opportunities. Mass adoption comes from going back to the\nfundamentals and explaining them in terms that everyday investors will not only\nunderstand but be excited about. This is why Genius Academy is such a key part\nof our project.<\/p>\n\n\n\n<p><strong><em>Q9. from telegram username @KevSalom<\/em><\/strong><\/p>\n\n\n\n<p><strong>&#x2747;<\/strong><strong>&#xfe0f;\nYou mention that your sophisticated and highly innovative algorithm can find\nthe best trading strategies to secure our capital and increase profits, could\nyou tell us a little more about what this algorithm is based on and how it works?\nIs it proven and verified that it will secure our investment and that we will\nbe able to get the best trading strategies? Is it really safe?<\/strong><\/p>\n\n\n\n<p><strong>Marvin:\n<\/strong>Genius\nYield has developed an AI-powered Smart Liquidity Management protocol. It is a\nDeFi yield optimization solution that algorithmically automates trading\nstrategies to maximize users\u2019 APYs while minimizing risk exposure. It is built\nonto of our custom built Concentrated Liquidity Order Book DEX. This unlocks\ntremendous capital efficiency gains for LPs who can manually adjust their\nexposure based on their trading strategies. As a result, market makers can earn\nmore rewards with less capital investment and incur less impermanent loss. <\/p>\n\n\n\n<p>Our users will be able to\nchoose from multiple algorithmic strategies based on their desired risk\nexposure, expected return and exit strategies. All our strategies are designed\nand vetted by Genius Lab, our R&amp;D branch. The algorithm will be optimize\nwith Machine Learning and the performance evaluated by our backtesting\ninfrastructure. Our Smart Liquidity Management protocol will not give you\nrisk-free profits because we cannot predict the market, but it is designed to\nbalance between&nbsp; risk and reward using\nstatistical methods.<\/p>\n\n\n\n<p><strong><em>Q10. from telegram username@Korryl<\/em><\/strong><\/p>\n\n\n\n<p><strong>How\nimportant Community for Genius Yield project? and what event that your team\nprepare for your community ? do you have special event like ,airdrop, or maybe\nambassador event?<\/strong><\/p>\n\n\n\n<p><strong>LauBe:<\/strong>\nWe are a decentralized platform, so the community is the key. We will release\nour DAO whitepaper next month, and we will also release our Ambassador program\nthis month with an NFTs incentive plan. We will continue to organize events as\nhackathons next year in collaboration with our Genius Academy.<\/p>\n\n\n\n<h2><strong>Part 3 \u2013 Quiz Results<\/strong><strong><em><\/em><\/strong><\/h2>\n\n\n\n<p>As usual, for the third\npart, Satoshi Club Team asked the chat 4 questions about the crypto project. A\nlink to a Quiz form was sent into the chat.<\/p>\n\n\n\n<p><strong>For\nmore information and future AMAs, join our Social Media channels:<\/strong><\/p>\n\n\n\n<p>English Telegram group: <a href=\"https:\/\/t.me\/Satoshi_club\/\">https:\/\/t.me\/Satoshi_club\/<\/a> <\/p>\n\n\n\n<p>Russian Telegram group: <a href=\"https:\/\/t.me\/satoshi_club_ru\/\">https:\/\/t.me\/satoshi_club_ru\/<\/a> <\/p>\n\n\n\n<p>Spanish Telegram group: <a href=\"https:\/\/t.me\/satoshi_club_spanish\/\">https:\/\/t.me\/satoshi_club_spanish\/<\/a> <\/p>\n\n\n\n<p>Chinese Telegram group: <a href=\"https:\/\/t.me\/satoshi_club_cn\/\">https:\/\/t.me\/satoshi_club_cn\/<\/a> <\/p>\n\n\n\n<p>Indonesian Telegram\ngroup: <a href=\"https:\/\/t.me\/satoshi_club_indonesia\/\">https:\/\/t.me\/satoshi_club_indonesia\/<\/a> <\/p>\n\n\n\n<p>Telegram Channel: <a href=\"https:\/\/t.me\/satoshi_club_channel\/\">https:\/\/t.me\/satoshi_club_channel\/<\/a> <\/p>\n\n\n\n<p>Twitter: <a href=\"https:\/\/twitter.com\/realsatoshiclub\/\">https:\/\/twitter.com\/realsatoshiclub\/<\/a> <\/p>\n\n\n\n<p>Website: <a href=\"https:\/\/esatoshi.club\/\">https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n<p><strong>Our\npartners:<\/strong><\/p>\n\n\n\n<p>Telegram:\n<a href=\"https:\/\/t.me\/geniusyield_official\">https:\/\/t.me\/geniusyield_official<\/a>\n&nbsp; <\/p>\n\n\n\n<p>Twitter: <a href=\"https:\/\/twitter.com\/GeniusyieldO\">https:\/\/twitter.com\/GeniusyieldO<\/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 Genius Yield and our guests were @SothyKolmen, @MarvinBertin and @lbrunjes. The AMA took place on 1 December. The AMA session was divided into 3 parts with a total crypto reward [&hellip;]<\/p>\n","protected":false},"author":66,"featured_media":15318,"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\/15663"}],"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\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=15663"}],"version-history":[{"count":1,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/15663\/revisions"}],"predecessor-version":[{"id":15664,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/15663\/revisions\/15664"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/15318"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=15663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=15663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=15663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}