The reward pool is 500$<\/strong><\/p>\n Leading the AMA our clever and fun admins:<\/p>\n Mary | Satoshi Club – @madamlobster and Gold Rocket | Satoshi Club – @GoldRocket27<\/p>\n The Representative of the project:<\/p>\n Zhou Yu – @yuzhou87 – Joe, co-founder of Sperax<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Hello, again satoshi club! We are happy to announce our ama session with Sperax! Welcome to satoshi club😀<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n Good evening, dear community! We conclude our today’s ama marathon series with Sperax.😊<\/p>\n Today our guest is @yuzhou87!<\/p>\n Mary | satoshi club:<\/strong><\/p>\n We are happy that we have a project which regularly comes back to our club with updates 🚀🔥<\/p>\n @yuzhou87 welcome to satoshi club!<\/p>\n Zhou yu:<\/strong><\/p>\n Hello everyone glad to be here<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n Welcome to satoshi club @yuzhou87!❤️<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Hello! How are you today 😃<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n We are glad to have you here today 😃<\/p>\n Zhou yu:<\/strong><\/p>\n Haha, I’m good. Thanks for asking<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Could you please introduce yourself to our community and tell us what new happened with Sperax since your last visit in September?😉<\/p>\n Zhou yu:<\/strong><\/p>\n Sure would love to.<\/p>\n I’m joe, co-founder of Sperax. Sperax is a blockchain project that originates in academia and focuses on finance. We originated in 2019 with our new BFT consensus protocol BDLS which can promise higher performance and better security in real internet. We launched our testnet in Dec 2020 with over 700 people voluntarily set up our nodes and ran Sperax blockchain testnet<\/p>\n Now as we are getting matured on infra, we changed our focus on the product side<\/p>\n Our current main focus is two: USDS, our hybrid stablecoin that combines the strengths of both crypto-backing and algo-adjustment<\/p>\n And the second is what I will bring to here today: Sperax play!<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Wow!<\/p>\n Zhou yu:<\/strong><\/p>\n Haha ya I can keep talking these forever so better interrupt me<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Sperax play is what we are excited very much about! But you can😂<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n We really want to explore this issue as much as possible😉👍<\/p>\n Zhou yu:<\/strong><\/p>\n Hahaha sure maybe let’s talk about the play.<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n If you’re done with the intro we can go to the community questions😉<\/p>\n Zhou yu:<\/strong><\/p>\n Ya let’s see what our community has for us.<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n Q1 from telegram user @highpee<\/strong><\/p>\n Sperax play app is described as a community hub for friends and it is available for download. I see the app as a decentralized wallet but am not sure how it is going to be a community hub. Is it going to have a social function where community members come together for interactions? What are the special features included in this app apart from being a wallet? I also saw that it\u2019s possible to share my referral code and invite others to sign up for the app. For how long will the referral campaign last and what will I benefit from referring others? And as a non-custodial app, why am I only able to create an account with only email or phone number and how is my login detail secured?<\/em><\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n By the way, I installed the app. And it looks great😁👍<\/p>\n Zhou yu:<\/strong><\/p>\n Haha glad that you like the design. I like it too!<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Did you use my ref code?😉<\/p>\n Zhou yu:<\/strong><\/p>\n Since there are lots of questions here, I will pick out and answer the ones that might benefit the most people<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n Yes, it looks quite convenient and simple 😉<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n Sure dear 🤗<\/p>\n Zhou yu:<\/strong><\/p>\n Sperax play is way more than a wallet. From day 1 we view it as a hub or, in my own words, the main entrance to the Sperax world<\/p>\n We need the wallet since Sperax is a crypto world. And the wallet basically serves as your identity and money bag you carry around this world<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Yes, that’s right 😀<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n What currencies do you support?<\/p>\n Zhou yu:<\/strong><\/p>\n In fact, we finish the wallet partway earlier. Most of our efforts are put on another module in play \u2014 we call it Snowball<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Yes, I see it in my Sperax play🔥<\/p>\n Zhou yu:<\/strong><\/p>\n Snowball in a nutshell is a \u201ccloud mining\u201d where you mine reward points that would be converted into cryptos in our later events<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n Tell us more about this, please<\/p>\n Zhou yu:<\/strong><\/p>\n Sure. And we really want to get rid of all those pow energy costs, so we intentionally make the design to be that you \u201cclick\u201d to mine. Especially, when you click \u201cactivate\u201d on the snowball page, it starts mining without causing you any electricity. The only thing you need to keep in mind is to \u201creactivate\u201d it after every 24 hours<\/p>\n Moreover, there is a fun game in Snowball. This is also where the \u201cinvite code\u201d comes in.<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Where can I find it?😀<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n I already want to try this 😁👍🚀<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Is it on this page?<\/p>\n Zhou yu:<\/strong><\/p>\n Yes you got me<\/p>\n So whenever a friend of yours register a play with your invite code, he or she will be on your snowball team.<\/p>\n Mary | satoshi club:<\/strong><\/p>\n 👍👍👍<\/p>\n For v1, a snowball team is essentially your own hub within the Sperax hub<\/p>\n Zhou yu:<\/strong><\/p>\n And it even is \u201cprofitable\u201d<\/p>\n Mary | satoshi club:<\/strong><\/p>\n How?<\/p>\n Zhou yu:<\/strong><\/p>\n That is, the more team members you have, the higher your mining rate. I think for the detailed formula you can easily find it on the play. In the future, we would include more games surrounding this snowball team gadgets, So better prepare early 😀<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Gotcha! 👍 will try to get as many players as possible! In my mary team😂<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n I’m in it 😁<\/p>\n Zhou yu:<\/strong><\/p>\n Hope I answered your major concerns 😀<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n Thank you so much! Ready to proceed to the next question?<\/p>\n Zhou yu:<\/strong><\/p>\n Np! Always love talking about the play, Sure.<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n Q2 from telegram user @asalas95<\/strong><\/p>\n Harmony protocol is a project focused on scaling trust and creating a radically fair economy, and a few days ago Sperax partnered with them. What is the purpose of this partnership? What problems do both projects hope to solve together? What is the story behind this collaboration, how did it come about?<\/em><\/p>\n Zhou yu:<\/strong><\/p>\n Haha asalas95 must be a close follower of Sperax<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Of course, 😂 he read carefully<\/p>\n Zhou yu:<\/strong><\/p>\n Ya, we just had this partnership. In fact, the two teams got in touch way earlier than this<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n Satoshi clubbers really like Sperax❤️😉<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Harmony is an awesome project! We also had them here👍<\/p>\n Zhou yu:<\/strong><\/p>\n I still remember doing a video panel with nick back in the summer of 2020.<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n Good memories😊<\/p>\n Zhou yu:<\/strong><\/p>\n Also the panel, behind the chain, with Stephen.<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Do you have this video?<\/p>\n Zhou yu:<\/strong><\/p>\n Ya it’s on Sperax website<\/p>\n Check it out 😀 the fun conversation around layer1 and DeFi.<\/p>\n Mary | satoshi club:<\/strong><\/p>\n You were early in DeFi 😉 We will definitely check it!<\/p>\n Zhou yu:<\/strong><\/p>\n Haha ya anyway, let’s back to the question. So the current partnership between us would first start around a joint-effort to promote women in the blockchain space. We call it a lifting program. Frida and Alec are leading this great effort. If you are interested, definitely talk to them.<\/p>\n I can give some hints here. Basically, it would be a grant program that encourages any women-led project in the blockchain space. It can be DeFi, NFT, layer1, layer2 and so on<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Of course! It’s worth everyone’s attention! Super initiative! @goldrocket27 it’s a hint😂<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Thank you! Actually, our third question is a lengthening of this😉<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n And can I also participate in the competition for a grant?<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Yes, and in the answer to the third question we can get an answer😂<\/p>\n Zhou yu:<\/strong><\/p>\n Sure always welcomed haha<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n Sure🚀<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n Q3 from telegram user @arisabela<\/strong><\/p>\n Lifted is your first grant initiative, it\u2019s just amazing that Sperax recognized the valuable contributions for \u201cwomen in tech\u201d and there\u2019s more to come like the introduction of the idea that each team must have one woman in its leadership, how are you planning to make this idea popular among DeFiworld and attract more women with tech talents to participate?<\/em><\/p>\n Mary | satoshi club:<\/strong><\/p>\n Only tech talents?😂 If we are simply beautiful?😂 And clever😂<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n You are very smart. And beautiful. One of the most professional crypto ladies I know of.❤️<\/p>\n Zhou yu:<\/strong><\/p>\n Haha again, I can only offer some hints. I am sure Frida and Alec will like this question so definitely reach out to them.<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Ok, we will😂<\/p>\n Zhou yu:<\/strong><\/p>\n We plan lifted to have 4 phases.<\/p>\n Phase 1 would be around DeFiprojects, phase 2 on blockchain economics, phase 3 on the university, and phase 4 on interoperability. Harmony partnership belongs to phase 1<\/p>\n We are actively talking with the University of Michigan, the University of Florida for the university phase.<\/p>\n Mary | satoshi club:<\/strong><\/p>\n It’s really amazing initiative!<\/p>\n Zhou yu:<\/strong><\/p>\n It surely is<\/p>\n Mary | satoshi club:<\/strong><\/p>\n You are very resourceful lifted, Sperax play 🔥<\/p>\n Zhou yu:<\/strong><\/p>\n Haha, let’s see what other questions the community has!<\/p>\n Mary | satoshi club:<\/strong><\/p>\n I think your users are really happy that they are part of such a community! @goldrocket27 shoot🚀<\/p>\n Zhou yu:<\/strong><\/p>\n Thanks, Mary.<\/p>\n Gold rocket | satoshi club:<\/strong><\/p>\n Q4 from telegram user telegram user @brainchest<\/strong><\/p>\n Now everything rotates around DeFi, NFT, Polkadot. Moreover, NFT has created a lot of different platforms, DeFia lot of yield-farming pools, what innovative things can you offer? Will you launch a service that is not yet on the market or will you offer improved versions of an existing one*<\/em><\/p>\n Zhou yu:<\/strong><\/p>\n Interesting to see this question covering DeFi, NFT, and Polkadot. I mean, all three in one. Sperax is actually actively talking to parity, i.e. Polkadot. They are very interested in our Stablecoin USDS<\/p>\n More info would come out soon. For NFT, this is one of the focuses for the next version of Sperax play.<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Wow, we should wait for the announcement?😉<\/p>\n Serg | satoshi club:<\/strong><\/p>\n @yuzhou87, just wanted to come and say hello 😀 really nice to see you here 🤝 good luck with the ama<\/p>\n Zhou yu:<\/strong><\/p>\n Hi Serg, long time no see!<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Really? I am your user forever😂<\/p>\n Serg | satoshi club<\/strong><\/p>\n I am glad everything is ok and you made great progress with Sperax 🤝<\/p>\n Zhou yu:<\/strong><\/p>\n Haha, it is true. We are building a great NFT interface in play right now<\/p>\n Zhou yu:<\/strong><\/p>\n Thanks, Serg!<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Super!<\/p>\n Zhou yu:<\/strong><\/p>\n As for DeFi, I mean, it is always the focus of Sperax<\/p>\n Mary | satoshi club:<\/strong><\/p>\n Yes, stablecoins and DeFi😉<\/p>\n Zhou yu:<\/strong><\/p>\n Back to the question, I feel other than innovation on each product, for example, snowball in play, we differentiate from other projects that we are actually building an intertwined ecosystem or I prefer to say \u201cSperax world\u201d. We want every product to connect to each other than release their greatest potentials, And release*<\/p>\nIntroduction of Sperax project.<\/strong><\/h3>\n
Preselected questions about the Sperax DeFi project.<\/strong><\/h3>\n
![\"Sperax](\"https:\/\/i.postimg.cc\/8CQTZ8z8\/Sperax-snow-ball.jpg\")
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