{"id":20401,"date":"2022-08-09T18:19:36","date_gmt":"2022-08-09T15:19:36","guid":{"rendered":"https:\/\/esatoshi.club\/?p=20401"},"modified":"2022-08-10T10:35:20","modified_gmt":"2022-08-10T07:35:20","slug":"yieldification-x-satoshi-club-ama-recap-from-the-9th-of-august","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2022\/08\/09\/yieldification-x-satoshi-club-ama-recap-from-the-9th-of-august\/","title":{"rendered":"Yieldification x Satoshi Club AMA Recap from the 9th of August"},"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 &nbsp;Yieldification  .The AMA took place on the 9th of August.<\/p>\n\n\n\n<p>The AMA session was divided into 3 parts with a total crypto reward pool of $500<\/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><strong>Part 1 \u2014 introduction and questions from the Telegram&amp;WebSite<\/strong><\/h2>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Greetings\neveryone and welcome to our Tuesday AMA marathon! <\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Greetings,\nSatoshi Club community ! How was your day ? Today we want to announced our\nspecial AMA with Yieldification<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Let us\nwelcome our guest &#8211; @yieldgenerator <\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>We would like\nto introduce our special guests from Yieldification @yieldgenerator<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Hello there,\nhappy to be here and discuss more about our project Yieldification (YDF)!<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Glad to have\nyou here, how are you today ?<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Welcome! And\nglad to see you here at Satoshi Club! <\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Doing well,\nbeen busy continuing to spread the word about our super unique project, all the\ninnovation we&#8217;ve already built and will continue to build for a long time to\ncome&nbsp; Hope you all are doing well as\nwell!<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>We are\nthrilled to know more about it! Let&#8217;s start then!<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Let&#8217;s begin\nour AMA with introduction from Yield Generator team<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>It would be\ngreat if the name of our project could be updated to ensure everyone knows we\nare calling Yieldification, as Yield Generator is just my handle and identity,\nwhereas it&#8217;s not the project&#8217;s name <\/p>\n\n\n\n<p>Sounds\ngreat!!<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Can you\nplease introduce yourself? when did you start to know Cryptocurrency and how\ndid you start involved in Yieldification project?<\/p>\n\n\n\n<p>Please wait a\nmin<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Done!<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Sure! Again\nour project is called Yieldification, NOT Yield Generator. I just want everyone\nin the audience to ensure they know if they&#8217;re searching for us in various\nwebsites and other places to use the correct name <\/p>\n\n\n\n<p>I&#8217;m the\nproject founder and primary dev, and have been working and building with blockchain\nfor around 5 years now, where I made it my full time job around 3 years ago. I\nlove the possibilities and power blockchain, particular smart contract and\nbusiness logic based blockchains allow for not just financial based\napplications but many others that could benefit from decentralization and\ntransparency.<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>What our community should memorize is the official website &#8211; <a href=\"https:\/\/yieldification.com\/\">https:\/\/yieldification.com\/<\/a><\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Yes\nhttps:\/\/t.me\/yieldification<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Thank you <\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Thank you !\nyou have great experience and background <\/p>\n\n\n\n<p>By the way\ncan you please introduce what is Yieldification Project about ? can you share\nto us ?<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>I started\nYieldification a several months ago and wanted to take a stab at merging a\nnumber of crypto concepts that were already well known and\/or arguably very big\ntoday, but had not been used together before. Namely, I wanted to make a more\nflexible staking platform than had ever been seen, which led to the inception\nof using NFTs as a Certificate of Deposit for staking your YDF.<\/p>\n\n\n\n<p>I also saw\nthe success of high yield projects like OHM and TIME, but their ultimate demise\nbecause of the market turning and them offering too high of yield which led to too\nmany emissions being paid out. I sought to create a high yield project, but one\nbuilt on sustainable mechanisms and concepts. Through burning tokenomics\nmechanisms, penalties for early unstaking, and upcoming utility we will have\nall that we need to ensure sustainability and longevity!<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Sounds very\npromising! You also said that you are a project founder and primary dev but who\nelse is helping you build the product? How numerous is your team?<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>We have a\ncouple other devs who have helped out with platform\/dapp design and build out\nin addition to smart contract development, but we also have close contacts with\nsome big brains in the space who have helped us with extensive peer review and\ntesting everything to ensure complete functionality and usability from day one.<\/p>\n\n\n\n<p>We are also\npartnered with a number of very talented and proven advisors in the space who\nare assisting with direction of marketing, partnerships and ultimately will\nhelp us ensure the success of YDF long term.<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Great ! we\nwant to know more but we also have question from community that ask about\npartnership <\/p>\n\n\n\n<p>Thank you for\nthe great introduction <\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Ready to\nproceed to the community questions? There are 6 selected for part 1!<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Of course!\nHappy to spread the word about YDF and why those here might be interested in\njoining us <\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p><em>Q1 from Telegram user @Asela1112<\/em><\/p>\n\n\n\n<p><em>The native token of Yield Generator Platform ($YDF) has already listed on Uniswap with setting up different slippages for Buying &amp; Selling. Listing on Uniswap Dex is a good Improvement Step. But by Listing on Cexs, $YDF can be triggered to a price hype due to User Exposure. Can you tell me When you will list $YDF token on other exchanges like Binance, Pancakeswap, FTX, KuCoin, Huobi global etc\u2026? And also, Explain us Which method will you use to maintain it\u2019s liquidity by not being a dangerous zone like Luna? Any Plan for that?<\/em><\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Yes excited\nto hear them!<\/p>\n\n\n\n<p>First and\nforemost, we absolutely understand the value additional listings brings to the\ngrowth of a project! We&#8217;ve actually been in close contact with a couple top\ntier exchanges to begin the process of listing. We understand the value CEX\nlistings bring where much of retail goes to buy cryptocurrencies, but we want\nto emphasize we are searching and only plan to partner with reputable and well\nrespected exchanges. We want there to be significant value in what an exchange\ncan provide us and the project and therefore will only entertain partnerships\nwith upper tier exchanges with real and meaningful volume and throughput at\nthis time.<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Speak of the\nnative token $YDF, could you mention all usecase $YDF beside for stake itself? <\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Today it&#8217;s\nused as the entry point to the yieldification project, and it&#8217;s true that the\nprimary use case today that it serves is to enable users to enter and exit the\nprotocol. Frankly, once someone purchases YDF on the market, just as they\nwould&#8217;ve for OHM &gt; gOHM or TIME &gt; wMEMO, they should stake their YDF to\nearn yield in the form of a staking NFT. The NFTs are what currently provides\nand will in the future virtually all of the value from within YDF. WIth one or\nmultiple staking NFTs users are:<\/p>\n\n\n\n<p>1. Earning\nyield in the form of both YDF yield and ETH rewards<\/p>\n\n\n\n<p>2. Will have\ngovernance power when we transition to a DAO structure in the future<\/p>\n\n\n\n<p>3. Will be\nable to lend against the principal value of their stake NFTs in the future<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>There are\ngood utility that we can get by own $YDF <\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Can users\nstake any other coins or stables, for ex?<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>No, not\ntoday. Our protocol and ecosystem will revolve around the YDF token and the\nstaking NFT collections that are used as certificates of deposit. This will\nensure we&#8217;re providing the most value back to the protocol and ultimately the\nYDF community and investors.<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Got it!\nThanks for detailed answer.<\/p>\n\n\n\n<p>Ready to\nproceed to the second question?<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Thank you for\nthe answer, let&#8217;s go to second question ?<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Sounds great!<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p><em>Q2 from Telegram user @UniqueVicky<\/em><\/p>\n\n\n\n<p><em>There are characteristics every user look for in a project and 3 of these characteristics are security, profitability and longevity. In the aspect of profitability, I see Yieldification is doing well in this regard,it offers an amazing staking returns. So how would you describe yieldification in the aspect of security and longevity? How secure is your platform and what elements guarantee its future in the crypto world?. Have you audited yet? How will you ensure that users\/investors funds are protected?<\/em><\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>&nbsp;With respect to longevity, it is one of our\ncore tenants and goals to support the project and provide value and yield back\nto investors for a long time to come. That being said there are some levers we\ncan pull over time to ensure we are accomplishing those goals, including\nadjusting utility service fees, yield APRs, and burn rates. Also, with our\nfuture roadmapped products and revenue generating services, this should provide\na huge amount of upside we can provide back into the ecosystem to ensure the\nyield we offer investors is sustainable for the foreseeable future.<\/p>\n\n\n\n<p>In terms of\nsecurity, our ecosystem is made up of 6+ different smart contracts that all\nwork together in various capacities to ensure everything is functioning as\nexpected. We had a lot of peer review happen throughout R&amp;D and have paid\nfor an exepedited audit from Solidity Finance to be delivered this Friday (Aug\n12) to ease the public&#8217;s and investor&#8217;s minds of the security of our code. We\nwill almost certainly have a nunber of professional audits ongoing as well to\nhave multiple opinions and professional angles touch and review our code for\nmaximum security coverage.<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Great to read\nthat! Are you planning to publish the security audit as soon as it is\navailable?<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Absolutely,\nthe moment we get it in our hands is the moment we publish to the public <\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>We are glad\nit&#8217;s already audited and please share it also with Satoshi Club next friday <\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Definitely,\nwill do!<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Thank you for\nthe detail information, are you ready for the third question from community?<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>I think this\nattitude definitely shows your openness to the community! <\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Absolutely!<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p><em>Q3 from Telegram user @Meta_MateX<\/em><\/p>\n\n\n\n<p><em>Yieldification invites users to earn passive income by staking either their YDF or liquidity and receiving high returns in addition to a \u201ccertificate\u201d or \u201creceipt\u201d of their current stake in the form of a NFT. Please elaborate more on your NFTs \u2013 do they differ by the amount of staked funds or they all have equal value and being distributed randomly? What is the further usecase of your NFTs? Can they also be staked or sold? Thanks!<\/em><\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>You have\nalready touched the NFTs but maybe you still have to add smth here<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Great\nquestion, one of the most exciting features in the YDF ecosystem is the ability\nto stake a principal amount of YDF and earn yield on it. So by definition each\nNFT represents a different stake amount or principal value, APR (based on lockup\nperiod selected), lockup period amount of time, etc. Most staking platforms\ntoday hold all staking info &amp; metadata on chain mapped to the user&#8217;s\nwallet, and you must be connected to the same wallet you staked to be able to\ncheck earnings, claim rewards, or unstake the original principal. We built\naround the idea that the principal amount, APR, earned rewards, and any lockup\nperiod selected for a particular stake to be tied to an NFT instead of a wallet\naddress, and therefore the principal value, APR, and rewards can be tradable\nand transferrable on any NFT marketplace like OpenSea. This is EXTREMELY\npowerful and something not seen yet, and opens the door to many possibilities\nin the future.<\/p>\n\n\n\n<p>In terms of\nfuture use cases for our NFTs, we plan to have exclusive access, additional\nrewards, and governance through a DAO structure among other things that will be\nexclusive to stakers. We&#8217;re excited about the future utility we&#8217;re bringing to\nthe marketplace and building upon the innovation we&#8217;ve already materialized.<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>By the way,\non your introduction it&#8217;s mention about &#8220;Penalty&#8221; for early unstaker,\ncan you share to us what kind of penalty that user will get ?<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Wow! That&#8217;s\nan additional advantage to stake and get NFT! <\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Yes! All technical information on this can be found in our docs in the Unstaking Early section: <a href=\"https:\/\/docs.yieldification.com\/yield\/unstaking-early\">https:\/\/docs.yieldification.com\/yield\/unstaking-early<\/a><\/p>\n\n\n\n<p>In short\nthough, a user can stake their YDF with lockup periods ranging from no lockup\nperiod at all, meaning they can unstake anytime without penalty up to a lockup\nperiod of 360 days (~1 year). The longer the lockup period, the higher the APR\nyou will earn against your principal.<\/p>\n\n\n\n<p>We didn&#8217;t\nthough want to completely restrict the user from unstaking completely as\nsituations arise that might require the user to need capital immediately, but\nif they unstake before the lockup ends they will be penalized based on the\namount of principal they staked and how long they&#8217;ve staked against the lockup\nperiod. It&#8217;s important when you stake to understand the risk\/reward and weigh\nthe options appropriately.<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>And what\nhappens with NFTs in case of early unstaking?<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>They remain\nat users disposal anyway?<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>One other detail that might be small but is very important, you can stake both YDF with single sided staking OR YDF\/ETH liquidity in our platform, whereas liquidity staking has higher APRs you can earn. We also have zap functions that make staking liquidity extremely easy, so we recommend users using them when adding and staking LP inside the YDF protocol: <a href=\"https:\/\/docs.yieldification.com\/yield\/liquidity-zap-functions\">https:\/\/docs.yieldification.com\/yield\/liquidity-zap-functions<\/a><\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Regardless of\nwhether you are staking inside or outside of a lockup period and experience a\npenalty, unstaking will always burn the NFT. The NFTs are virtually useless\nonce unstaked, so they will always be burned at the time the NFT owner unstakes\nto get back their YDF principal and earnings.<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Could you\nshare some examples of your NFTs?<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Great\nmechanism, it&#8217;s not for &#8220;weak hand&#8221; <\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Definitely!<\/p>\n\n\n\n<p>Our single sided YDF staking NFTs can be found in this collection: <a href=\"https:\/\/opensea.io\/collection\/staked-yieldification\">https:\/\/opensea.io\/collection\/staked-yieldification<\/a><\/p>\n\n\n\n<p>And our YDF\/ETH liquidity staking NFTs can be found here: <a href=\"https:\/\/opensea.io\/collection\/staked-yieldification-liquidity\">https:\/\/opensea.io\/collection\/staked-yieldification-liquidity<\/a><\/p>\n\n\n\n<p>As you can\nsee, the metadata associated with each NFT is different because the principal\namounts, APRs, lockup periods, etc. is different for all NFTs <\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>The NFT\nimages correspond to the different &#8220;tiers&#8221; which are a function of\nthe yield this NFT is generating. We have shrimp, squid, octopus, and whale\ntiers <\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Very nice\naddition to already high yields offered! <\/p>\n\n\n\n<p>Thanks and\nlet&#8217;s proceed to the next question now<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Great!<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p><em>Q4 From Telegram User @UncleStrange1<\/em><\/p>\n\n\n\n<p><em>Yieldification aims to be the next blue chip in the making and that from your roadmap from the Q1 of 2022, you implemented a DAO governance system and $YDF will be the governance token. Can you tell us more about the DAO governance system? How can one be a DAO member in your ecosystem? How are decisions taken and implemented in the Yieldification project? What kind of voting mechanism is used in the DAO governance? Are decision making limited in the DAO or they can decide on anything?<\/em><\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Yes! As\nmentioned a number of times now in our staking NFTs we hold metadata that keeps\ntrack of all information about a stake inside of the NFT you are minted when\nyou stake your YDF or YDF\/ETH liquidity. This metadata will hold information\nused to calculate voting shares inside the DAO structure, and we plan to\neffectively build a DAO so investors and stakers can help make decisions about\nthe current and future happenings\/products\/services\/etc. of the project.<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>&nbsp;for Voting, how many token $YDF that user\nshould own ? what other requirement?<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>There is no requirement\nother than the user have staked YDF or liquidity. If they have a stake NFT (or\nmultiple) in their wallet, they will have voting rights in the DAO.<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>So the DAO is\nalready launched, as far as I get. Do you already see the impact community\nmakes through DAO decisions?<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>No the DAO is\nnot launched yet, we will be building out the infrastructure and details over\nthe coming weeks and months! It&#8217;s one of the things we&#8217;re really excited about!<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Great things to\nfollow! Please make notes, Satoshiclubbers! <\/p>\n\n\n\n<p>Appreciate\nyour answers!<\/p>\n\n\n\n<p>Let&#8217;s jump\ninto the next one!<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p><em>Q5 From Telegram User @Cheriemike<\/em><\/p>\n\n\n\n<p><em>Forming Partnership in every project is said to be the key to increase the value and quality of a platform.Accessing your website and roadmap I noticed that there are no information as regards to when you will introduce other projects to support Yield Generator platform.So I will like to know have you form any partnership yet with any project or will they anonymous for now?What features\/expertise will you be looking at as you form this partnership that will enable you build a strong project?Any plans on having seed rounds to further develop more features of Yield Generator?Thanks<\/em><\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Just to\nreiterate again to ensure everyone keeping up knows, the project is\n`Yieldification` with a ticker of `YDF`, we have no ties or affiliation (other\nthan my personal TG handle) to Yield Generator <\/p>\n\n\n\n<p>To answer\nyour question though, we are partnered with a number of strong advisors in the\nspace that are assisting us with a number of things related to connecting us\nwith their networks, adivsement on treasury investments for marketing among\nother things, and ultimately assisting to ensure the direction the project goes\nwill lead to success. That being said, we are firm believers that partnerships\nneed to be mututally beneficial and if we were to partner with any other\nprojects we want there to be benefits happening on both sides. Today we believe\nwe have a very strong foundation of tech and advisement from within, but will\nlook to see what comes in the future in terms of partnership with other\nprojects who have strong tech and value that we can leverage to make the YDF\necosystem stronger than ever.<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Yes,\npartnership is important thing to grow into bigger <\/p>\n\n\n\n<p>Do you have\nplan to have collaboration with other NFT project and stake their NFT?<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>That&#8217;s a good\nquestion and one we haven&#8217;t considered to date. That being said though, again\nwe will emphasize that this sort of partnership would require value being\nprovided on both sides. We obviously wouldn&#8217;t offer a NFT collection an\nopportunity to stake in our platform to earn YDF yield, which would provide\nvalue for their NFT holders without an appropriate and comparable amount of\nvalue being provided back to the YDF protocol.<\/p>\n\n\n\n<p>All that\nbeing said we certainly won&#8217;t be closed minded about potential partnerships,\nbut we will be executing cost\/benefit analyses on any potential partnerships\nand ensure we&#8217;re doing what makes the most sense for YDF&#8217;s future.<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Yes, we wait\ngood news from Yieldification <\/p>\n\n\n\n<p>Thank you for\nthe clarification do you want to add something or we can go to last question?<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Just keep an\neye on Yieldification ! <\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>We can move\non, I think everything is caught up at this point <\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p><em>Q6 From Telegram User @NguyenTh4nk96<\/em><\/p>\n\n\n\n<p><em>Yieldification claim to become the 1st sustainable and high yield generating DeFi protocol. Actually there are a lot of similar yield farm that offer big reward or huge % APY, so would you please mention about what mechanism that makes Yieldification (YDF) keep sustainable? And could you please share what best feature or tools that Yieldification have inside your platform which different than your competitor? Lastly, do we only possible to stake token, how about NFT staking?<\/em><\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>I saw a lot\nof user ask about NFT<\/p>\n\n\n\n<p>but i believe\nyou have something to add here<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Yes, but\nevery one of these smaller yield farming projects you mention either already\nhave collapsed due to too many emissions or are on the path of collapsing. As\nstated already but worth listing again we have a number of things that support\nthe sustainability of the project long term, some of which include:<\/p>\n\n\n\n<p>&#8211; Yield vesting, which means any yield you earn from staking will vest over 90 days after claiming and\/or unstaking your YDF (<a href=\"https:\/\/docs.yieldification.com\/yield\/ydf-yield-vesting\">https:\/\/docs.yieldification.com\/yield\/ydf-yield-vesting<\/a>)<\/p>\n\n\n\n<p>&#8211; Burn tokenomics and mechanics from time decaying sell tax &amp; early unstake penalties that burn YDF to be used as future yield for stakers (<a href=\"https:\/\/docs.yieldification.com\/fundamentals\/ydf-and-tokenomics\">https:\/\/docs.yieldification.com\/fundamentals\/ydf-and-tokenomics<\/a> &amp; <a href=\"https:\/\/docs.yieldification.com\/yield\/unstaking-early\">https:\/\/docs.yieldification.com\/yield\/unstaking-early<\/a>)<\/p>\n\n\n\n<p>&#8211; Upcoming revenue generating utility through an NFT marketplace and stake principal lending that we will use to support the yield we offer investors (<a href=\"https:\/\/docs.yieldification.com\/roadmap\/roadmap-and-utility\">https:\/\/docs.yieldification.com\/roadmap\/roadmap-and-utility<\/a>)<\/p>\n\n\n\n<p>&#8211; APR\nlevering, which we will monitor closely and adjust as needed to ensure the APRs\nwe&#8217;re offering align with the burns and yield generation we have<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Thank you for\nthe clear and detail answer , oh by the&nbsp;\nway i have one last question <\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Sure <\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>For\nYieldification NFT, you mention about &#8220;We have shrimp, squid, octopus, and\nwhale tiers&#8221; , do they have different value when we staking them ?<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>and how do we\nget them? its random to get?<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Yes! Today\nit&#8217;s based on the yield being earned in the NFT against the YDF supply. Right\nthis moment the tiers are as follows, but we will likely end up tying the tiers\nto a USD value in the future since the percentage of supply could be vastly\ndifferent USD values as YDF price fluctuates<\/p>\n\n\n\n<p>shrimp: yield\nis 0% to 0.05% YDF supply per year<\/p>\n\n\n\n<p>squid: yield\nis 0.05% to 0.25% YDF supply per year<\/p>\n\n\n\n<p>octopus:\nyield is 0.25% to 0.9% YDF supply per year<\/p>\n\n\n\n<p>whale: yield\nis 0.9% or more of YDF supply per year<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Thank you\n@yieldgenerator for this emersion into Yieldification!<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Oooh ! i hope\ni can become the whale<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Thank you!<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>You are\nalready a whale. Important is to feel it into yourself <\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Yes it&#8217;s a\nstate of mind ser <\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Haha agree\nwith you<\/p>\n\n\n\n<p><strong>Robocop\n| Satoshi Club<\/strong><\/p>\n\n\n\n<p>Thank you for\nall the great answer from part 1! It&#8217;s really informative and good time for the\nfirst part.&nbsp; <\/p>\n\n\n\n<p>Now let us\nproceed to 2nd part of AMA with Live section from audience. are you ready for\nthe question? @yieldgenerator<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Yes enjoyed\ntelling you and your community about YDF and all we have to offer <\/p>\n\n\n\n<p>Yes sounds\ngreat!<\/p>\n\n\n\n<p><strong>Pavel\nP<\/strong><\/p>\n\n\n\n<p>Get ready for\nsome storm now!<\/p>\n\n\n\n<p>We will open\nchat for 120 sec only<\/p>\n\n\n\n<p>Once we close\nit back please choose 10 questions to answer<\/p>\n\n\n\n<p>Please do not\nanswer any questions during the storm<\/p>\n\n\n\n<p>Are you\nready?<\/p>\n\n\n\n<p><strong>Yield\nGenerator (YDF) [IF I DM<\/strong><\/p>\n\n\n\n<p>Yes <\/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 <\/em> <em><strong>@Abraham786<\/strong><\/em><\/p>\n\n\n\n<p><em>There is 15%  sell tax at the start,<br> Dont You think, big Investors will stay away from buying the token?<\/em><\/p>\n\n\n\n<p><strong>Yield Generator (YDF) [IF I DM, VALIDATE ME]<\/strong><\/p>\n\n\n\n<p>This is potentially a fair concern, although this tax directly incentivizes long term holders. Our goal for YDF is not to just freely and excessively trade, although if you wish to do that through our primary on\/off ramps you&#8217;re welcome to, but you will realize this sell tax that is decaying over time. This tax is one of the several mechanisms already mentioned to add yield and value to the long term holders and stakers.<\/p>\n\n\n\n<p> <em>Q2 from Telegram user <\/em> <strong><em>@itzabhi69  <\/em><\/strong><\/p>\n\n\n\n<p><em>Is Yieldification fully KYC Assured or Not? Are total team members verified ? Where Can I view their KYC #NFT?<\/em><\/p>\n\n\n\n<p> <strong>Yield Generator (YDF) [IF I DM, VALIDATE ME]<\/strong> <\/p>\n\n\n\n<p>Yes, we are fully KYCed through AssureDefi to ease the concerns of any current and future investors and you can see our KYC certificate here: <a href=\"https:\/\/www.assuredefi.io\/projects\/yieldification\/\">https:\/\/www.assuredefi.io\/projects\/yieldification\/<\/a><\/p>\n\n\n\n<p> <em>Q3 from Telegram user <\/em> <strong><em>@Tavasya23  <\/em><\/strong><\/p>\n\n\n\n<p><em>You have Mentioned that Users Can Easily EARN UPTO 300% APR , Is this Really True , If yes than I also Want to Invest here ,May I know what step I should follow for that.  ?<\/em><\/p>\n\n\n\n<p> <strong>Yield Generator (YDF) [IF I DM, VALIDATE ME]<\/strong> <\/p>\n\n\n\n<p>This is true! And you can earn this APR by staking your YDF\/ETH liquidity with a 360 day lockup period! You can earn good returns by staking both YDF and liquidity, but liquidity earns higher yields than single sided staking because this tremendously benefits the protocol by adding liquidity for trading and incentivizing larger holders while also ensuring you&#8217;re protected against any potential impermanent loss experienced by staking your liquidity over time.<\/p>\n\n\n\n<p>All APRs can be seen in the docs below or by simply going to our platform yieldification.com\/stake:<\/p>\n\n\n\n<p>https:\/\/docs.yieldification.com\/yield\/staking\/sydf-single-sided-staking <a href=\"https:\/\/docs.yieldification.com\/yield\/staking\/slydf-liquidity-staking\">https:\/\/docs.yieldification.com\/yield\/staking\/slydf-liquidity-staking<\/a><\/p>\n\n\n\n<p> <em>Q4 from Telegram user <strong>@curiosoAMA   <\/strong><\/em><\/p>\n\n\n\n<p><em>Can you explain us the differences between sYDL and slYDF NFT? How can we earn them and what benefits we will receive by owning them?<\/em><\/p>\n\n\n\n<p> <strong>Yield Generator (YDF) [IF I DM, VALIDATE ME]<\/strong> <\/p>\n\n\n\n<p>Because we have two different methods of staking depending on if you&#8217;re staking YDF single sided or YDF\/ETH liquidity, we opted to distinguish between two different collections indicating what you&#8217;re staking. sYDF tokens are single sided staking NFTs, whereas slYDF is liquidity staking NFTs<\/p>\n\n\n\n<p>As already provided but will provide here again, the collections are as follows:<\/p>\n\n\n\n<p>Single Sided YDF Staking (sYDF): <a href=\"https:\/\/opensea.io\/collection\/staked-yieldification\">https:\/\/opensea.io\/collection\/staked-yieldification<\/a><br> ETH\/YDF Liquidity Staking (slYDF): <a href=\"https:\/\/opensea.io\/collection\/staked-yieldification-liquidity\">https:\/\/opensea.io\/collection\/staked-yieldification-liquidity<\/a><\/p>\n\n\n\n<p> <em>Q5 from Telegram user <\/em><strong><em>@Choosely94   <\/em><\/strong><\/p>\n\n\n\n<p><em>You stated that having zap functions makes staking liquidity extremely easy. May I know if Zap Function is simple to use and fast enough to accomplish the difficult task of staking and supplying YDF liquidity in single transaction?<\/em><\/p>\n\n\n\n<p> <strong>Yield Generator (YDF) [IF I DM, VALIDATE ME]<\/strong> <\/p>\n\n\n\n<p>We didn&#8217;t talk much about our zap functions, but they are very important and useful if you are wanting to earn the higher APRs liquidity staking has to offer! Our zap functions provide a painless way to convert ETH, YDF, or both to liquidity and staking it all in one transaction. You can find more details in our docs below, or by going to our platform yieldification.com\/stake, clicking on the slYDF button, and seeing the zap options:<\/p>\n\n\n\n<p><a href=\"https:\/\/docs.yieldification.com\/yield\/liquidity-zap-functions\">https:\/\/docs.yieldification.com\/yield\/liquidity-zap-functions<\/a><\/p>\n\n\n\n<p> <em>Q6 from Telegram user <strong>@Shiva_shivi   <\/strong><\/em><\/p>\n\n\n\n<p><em>As YDF is being traded on Uniswap,<br> Various Small Investors don&#8217;t want to trade Ethereum tokens on Uniswap because of its high tx Fee,<\/em><\/p>\n\n\n\n<p><em>What all Reasons You had to go with Ethereum based token?<\/em><\/p>\n\n\n\n<p> <strong>Yield Generator (YDF) [IF I DM, VALIDATE ME]<\/strong> <\/p>\n\n\n\n<p>We understand gas fees on Ethereum have been high in the past, but there are a number of reasons and things we have done and can look forward to in this regard:<\/p>\n\n\n\n<ol><li>Gas fees as of late have been very reasonable because of the decrease in traffic on the network compared to ATHs<\/li><li>The ETH merge should make gas fees a non issue moving forward even for smaller investors<\/li><li>When we list on exchanges, users can trade their YDF there without much concern for gas fees, although they will need to send their YDF to a noncustodial wallet in order to stake.<\/li><\/ol>\n\n\n\n<p> <em>Q7 from Telegram user <strong>@Ratash97   <\/strong><\/em><\/p>\n\n\n\n<p><em>How much locked time before we can retrieve pur funds in the liquidity staking ?<\/em><\/p>\n\n\n\n<p> <strong>Yield Generator (YDF) [IF I DM, VALIDATE ME]<\/strong> <\/p>\n\n\n\n<p>So both the single sided YDF staking (sYDF NFTs) and liquidity staking (slYDF NFTs) offer a range of lockup periods and APRs. Both have a 0 day lockup option, and lockup periods with as little as 14 days to as much as 360 days. Feel free to check out the lockup period options per staking options here:<\/p>\n\n\n\n<p><a href=\"https:\/\/docs.yieldification.com\/yield\/staking\/sydf-single-sided-staking\">https:\/\/docs.yieldification.com\/yield\/staking\/sydf-single-sided-staking<\/a><br> <a href=\"https:\/\/docs.yieldification.com\/yield\/staking\/slydf-liquidity-staking\">https:\/\/docs.yieldification.com\/yield\/staking\/slydf-liquidity-staking<\/a><\/p>\n\n\n\n<p> <em>Q8 from Telegram user <strong>@YRUSelling   <\/strong><\/em><\/p>\n\n\n\n<p><em>Can we withdraw our assets by paying plenty when the assets are locked?<\/em><\/p>\n\n\n\n<p> <strong>Yield Generator (YDF) [IF I DM, VALIDATE ME]<\/strong> <\/p>\n\n\n\n<p>If you are still within a lockup period but would like to unstake still because you need the capital, you can absolutely do so, but understand the penalties you will experience should you decide to do that. In the platform, when attempting to unstake a stake NFT still inside a lockup period there is a very clear warning you will see before doing so, so you understand the penalty. You can also calculate the penalty as described in our docs here:<\/p>\n\n\n\n<p><a href=\"https:\/\/docs.yieldification.com\/yield\/unstaking-early\">https:\/\/docs.yieldification.com\/yield\/unstaking-early<\/a><\/p>\n\n\n\n<p> <em>Q9 from Telegram user <\/em> <em><strong>@UncleTheStrange  <\/strong><\/em><\/p>\n\n\n\n<p><em>From your Twitter page I noted that you have one cool feature you built into the protocol is in addition to a set APR earned on staked $YDF or liquidity, there is also native ETH rewards above and beyond said yield. Tell us more about this feature, how does it work? What are these rewards based on?<\/em><\/p>\n\n\n\n<p> <strong>Yield Generator (YDF) [IF I DM, VALIDATE ME]<\/strong> <\/p>\n\n\n\n<p>es, through a small perpetual trade tax in addition to manual additions we will potentially add from the treasury over time, you are also earning native ETH rewards ON TOP of the normal yield by staking. The amount of rewards you earn today are functions of 1. the principal and amount of yield you are earning on your NFTs and 2. the amount of trade volume YDF has.<\/p>\n\n\n\n<p>Again we will be adding to these pools over time as we begin generating revenue through future utility as well.<\/p>\n\n\n\n<p> <em>Q10 from Telegram user <strong>@UniqueVicky  <\/strong><\/em><\/p>\n\n\n\n<p><em>Can you explain what you mean by lending against principal value of sYDF and sLYDF NFTs, and when are you launching this exciting feature?<\/em><\/p>\n\n\n\n<p> <strong>Yield Generator (YDF) [IF I DM, VALIDATE ME]<\/strong> <\/p>\n\n\n\n<p>Yes, so there is a principal value tied to any staking NFT (both single sided or liquidity staking). We will be building a product that allows us to securely borrow assets against this principal value and do what you wish. We are working out the finer details, but our expectation will be you can borrow native or stable assets such as ETH, USDC, USDT, MIM, etc., where we will incentivize liquidity providers in exchange for rewarding back lending fees. This will be similar to other lending protocols you likely are aware of on the marketplace today, but we will almost certainly have a few tricks to make it better, more intuitive, sustainable, and ultimately drive more traffic our way for those looking for borrowing and lending their assets for earnings and yield<\/p>\n\n\n\n<h2><strong>Part 3 \u2013 Quiz Results<\/strong><\/h2>\n\n\n\n<p>As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.<\/p>\n\n\n\n<p><strong>For more information and future AMAs, join our Social Media channels:<\/strong><\/p>\n\n\n\n<p>English Telegram group:&nbsp;<a href=\"https:\/\/t.me\/Satoshi_club\/\">https:\/\/t.me\/Satoshi_club\/<\/a><br>Russian Telegram group:&nbsp;<a href=\"https:\/\/t.me\/satoshi_club_ru\/\">https:\/\/t.me\/satoshi_club_ru\/<\/a><br>Spanish Telegram group:&nbsp;<a href=\"https:\/\/t.me\/satoshi_club_spanish\/\">https:\/\/t.me\/satoshi_club_spanish\/<\/a><br>Telegram Channel:&nbsp;<a href=\"https:\/\/t.me\/satoshi_club_channel\/\">https:\/\/t.me\/satoshi_club_channel\/<\/a><br>Twitter:&nbsp;<a href=\"https:\/\/twitter.com\/realsatoshiclub\/\">https:\/\/twitter.com\/realsatoshiclub\/<\/a><br>Website:&nbsp;<a href=\"https:\/\/esatoshi.club\/\">https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n<p><strong>Our partners:<br><\/strong>Telegram &#8211;<a href=\"https:\/\/t.me\/yieldification\">https:\/\/t.me\/yieldification<\/a><br>Twitter-<a href=\"https:\/\/twitter.com\/yieldification\">https:\/\/twitter.com\/yieldification<\/a><br>WebSite &#8211;&nbsp; <a>yieldification.com<\/a> <br><\/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 &nbsp;Yieldification .The AMA took place on the 9th of August. The AMA session was divided into 3 parts with a total crypto reward pool of $500 In this AMA Recap, [&hellip;]<\/p>\n","protected":false},"author":179,"featured_media":20404,"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\/20401"}],"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\/179"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=20401"}],"version-history":[{"count":4,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/20401\/revisions"}],"predecessor-version":[{"id":20407,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/20401\/revisions\/20407"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/20404"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=20401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=20401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=20401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}