Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n Hello Dear Satoshi Clubbers welcome to another AMA session<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Hello everyone and welcome to our next AMA Session with\nAssent Protocol! <\/p>\n\n\n\n Let us welcome our guest @banker_charles <\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n Our guest today is @banker_charles<\/p>\n\n\n\n Hello welcome to Satoshi club <\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n A few minutes of patience, please <\/p>\n\n\n\n We should be good to start now!<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n @banker_charles welcome to Satoshi club<\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n Eyy, here we go. I lost my speaking rights there for a bit<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n Sorry about that<\/p>\n\n\n\n How are you doing today <\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n Hello everybody, very nice to e-meet you all. I hope\neverybody is doing well<\/p>\n\n\n\n I am doing great my friend, just got back from the gym<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Now, you have everything you need! <\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n Hahah let\u2019s hope it doesn\u2019t get taken away again<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Hope you had nice warm-up!<\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n Hell yeah, my fingers will be working hard during this AMA<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n so much work<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Let’s start a real action now! <\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n Can you please introduce yourself to us how you got into\ncrypto and how the project started?<\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n Sure thing! <\/p>\n\n\n\n So my name is Charles and I am 1 of the 2 marketing managers\nover at Assent Protocol. I started investing in crypto early 2017 because I\nlooked into it and started to see it as the future<\/p>\n\n\n\n I have experience from working as a marketing manager all\nover the place in DeFi since last year january on multiple chains and got all\nmy contacts in place to make assent protocol a succes. I have kyced with rugdoc\npoocoin and coinzilla btw.<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n Impressive <\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n Assent protocol is created out of the idea that DeFi could\nreally use a stable banking system for both investors and projects<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n So what is Assent protocol all about?<\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n Let me tell you about Assent Protocol<\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n Assent Protocol is a DAO ecosystem that aims to become the\n#1 multi chain DeFi bank for both investors and projects alike. We will do so\nin a way no other project has done before. By solving the main DeFi 1.0 and\nDeFi 2.0 problems, Assent Protocol is introducing <\/p>\n\n\n\n DeFi 2.5. <\/p>\n\n\n\n DeFi 2.5 will fight perpetual inflation on the native $ASNT\ntoken by rewarding loyal ecosystem participants in stable coins for the\nmajority and in the meanwhile maintain sustainable APRs. DeFi 2.5 will also\nprovide the native $ASNT token with utilities within the Assent Protocol\necosystem.<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n So much to look into <\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Looks promising!<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n How many people do you currently have working on the\nproject?<\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n We are currently hosting our public sale: https:\/\/presale.assentprotocol.com<\/a> <\/p>\n\n\n\n We have a soft cap of 100k to get started<\/p>\n\n\n\n Currently we have 6 people working at assent:<\/p>\n\n\n\n – eric: my other marketing half who has worked alongside me\non all our projects. He is working for samsung irl as a main marketing guy<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Everyone based closed to each other?<\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n – Dan B is our frontend dev who has worked on a very big eth\nproject and is on an NDA together with our main dev and CEO jerome<\/p>\n\n\n\n – we also have Louis, who is our business development guy\nand the one who will be taking care of partnerships and relationships<\/p>\n\n\n\n We also got an amazing admin: Harvey who controls our TG\ncommunity<\/p>\n\n\n\n Me, louis and harvey are based in the netherlands. Eric in\nthe states and jerome and dan in france<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n Is there Plans of expanding anytime soon?<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n International cooperation! <\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n The plan is there and we really hope that we can achieve\nthis goal because it will mean that we can\u2019t handle the project anymore with 6\npeople<\/p>\n\n\n\n But first we need to focus on a successful launch and post\nlaunch marketing<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n True One step at a time<\/p>\n\n\n\n Thank you for the introduction<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n We will now like to proceed to our community questions are\nyou ready for them?<\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n Hell yeah, let\u2019s open the gates<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Q1 From Telegram User @Rozielyna<\/em><\/p>\n\n\n\n I learned that Assent Protocol investors benefit from staking $ASNT, getting rewards for staking $ASNT and for auto compounding $ASNT. Can you explain more on your staking mechanism? how does Auto-compounding $ASNT Works and what are you the rewards? Is there a Minimum or Maximum time for which investors can stake? Can they Unstake anytime of their choice? What are the benefits of staking $ASNT for a long term? Lastly I noticed that you also have a \u201cLock for rewards\u201d feature called The locker\u201d: A place users can lock and earn from their assets. Can you tell us more about this Feature and how it works? What will user benefits from using the lock for rewards features?<\/em><\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n So staking will be the same as on any other farming platform\nin DeFi. In general you stake your tokens in a pool or farm and you will\ngenerate yield from staking. <\/p>\n\n\n\n We are adding special locker systems to our protocol to\nbetter control the circulating supply of $ASNT. An investor can choose his own\ndesired time of locking inside a staking pool. The longer the chosen lock\nperiod the more rewards will be generated. <\/p>\n\n\n\n This special locker feature is a key factor in our 4,4 gametheory<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n Is there a minimum or maximum amount to stake?<\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n No there won\u2019t be any limits at the start. But we are\nlooking into deploying farms\/pools where the less is staked the more the APR\nwill be. So big whales will get a smaller APR than smaller investors. <\/p>\n\n\n\n This is to control whales as good as possible<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n Great Initiative <\/p>\n\n\n\n Thank you for your Answers<\/p>\n\n\n\n Ready for the next question now?<\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n Hell yeahh<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Q2 From Telegram User @GracieEne<\/p>\n\n\n\n With regards to the Assent Game theory, It was stated that\nThe Assent Protocol will incentivize the whole protocol and your community to\ngo for 4,4 and\/or 3,3 theory and will also reward all its loyal ecosystem\nparticipants that choose to go for them only if they adhere to some\ninstructions. How does this 4,4 and 3,3 theory work? What would happen to other\nparticipants that do not go for the 4,4 or 3,3? Will there be other benefits\nfor them? Among the instructions to be followed is for participants not to sell\n$ASNT. Is this just for a certain period of time?<\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n So our 4,4 gametheory is based on our ecosystem making decisions that will have the best outcome for everyone.<\/p>\n\n\n\n The only time people will be negatively impacted is when\ninvestors sell, all the other options either give a net neutral, slightly\npositive or very positive outcome<\/p>\n\n\n\n Out of 16 possible actions there is only 1 with negative\nimpact.<\/p>\n\n\n\n Assent Protocol will incentive people to stake and\/or lock\nby introducing a \u201cloyal reward system\u201d where stakers and lockers are eligible\nfor weekly stablecoin airdrops<\/p>\n\n\n\n If people unstake, or sell they disqualify from the weeks\nairdrop and need to start over again next week<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n How much are you allocating for the weekly airdrops?<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n So, the conclusion is obvious here – do not sell! Lock,\nstake, bond and users will surely get profit<\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n That depends on the trading volume in our DEX and we will\ndecide the amounts when we have launched because right now we don\u2019t have any\nclue on the trading numbers yet<\/p>\n\n\n\n Exactly!<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n Well understood<\/p>\n\n\n\n Thank you for your Answers<\/p>\n\n\n\n Ready for the next question?<\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n Sure am<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Q3 From Telegram User @QuianaV<\/em><\/p>\n\n\n\n One key feature of the Assent Protocol is a Decentralized Exchange(DEX) and the DEX will make it easier for investors to trade on the Assent Protocol Platform. Can you elaborate more on the Decentralized Exchange (DEX) in Assent Protocol? Would there be any security Protocols to check and ensure that all DeFi Projects listed on Assent Protocol DEX are safe for all users and investors? What are some of the benefits which Assent Protocol will offer to DeFi Projects listed on its DEX?<\/em><\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n Very good question. Safety is something that should always\ncome first in all DeFi projects. <\/p>\n\n\n\n Our DEX code is fully audited by obelisk, so our DEX is\nSAFU.<\/p>\n\n\n\n For the second part of the question i would like to show you\nall our pitch deck<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n Awesome<\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n In the last 2 slides of the pitchdeck you can find the\nbenefits we offer projects that are listed in our ecosystem<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n This is clear and simple <\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n And yet no other DEX is providing its ecosystem participants\nwith enough benefits.<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong>\n| Satoshi Club<\/strong><\/p>\n\n\n\n This is great and\nExciting<\/p>\n\n\n\n Thank you for your answers<\/p>\n\n\n\n Let’s proceed to the next question now<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Q4 From Telegram User @sunny_steel<\/em><\/p>\n\n\n\n The nature of the whole Assent Protocol project is to become the number one DeFi bank for both investors and projects alike becoming a multichain project on the way. To reach these goal, I see some primary objectives to be done first: strong partnership base consisting of DeFi projects which are ready to join Assent Protocol and numerous and active community to support, promote and invest in Assent Protocol. Please tell us about the successes already reached on this goals and your future plans referring to these elements of Assent. Thanks!<\/em><\/p>\n\n\n\n Banker Charles (<\/strong>🏦⏏<\/strong>️4<\/strong><\/p>\n\n\n\n Sure thing! So far we have managed to host a very successful\nwhitelist presale. <\/p>\n\n\n\n We have kyced with rugdoc and got an awesome review from\nthem, which you can find here ⬇️<\/p>\n\n\n\n![\"\"](\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2022-03-15_12-33-02.jpg\")
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