{"id":6872,"date":"2021-03-13T18:46:23","date_gmt":"2021-03-13T16:46:23","guid":{"rendered":"https:\/\/esatoshi.club\/?p=6872"},"modified":"2021-03-13T18:46:29","modified_gmt":"2021-03-13T16:46:29","slug":"stone-x-satoshi-club-ama-recap-from-12th-of-march","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/03\/13\/stone-x-satoshi-club-ama-recap-from-12th-of-march\/","title":{"rendered":"Stone x Satoshi Club AMA Recap from 12th of March"},"content":{"rendered":"\n<p>Hello, Satoshi clubbers\nAnother AMA took place in Satoshi Club and we would like to introduce to you\nthe AMA session with our friends from Stone. Our guests were @Alexlam2013\n@cryptooosss @Stone_Golem @vk_1118. The AMA took place on 12<sup>th<\/sup> March.<\/p>\n\n\n\n<p>The AMA session was divided into 3 parts with a total\ncrypto reward pool of 500$ <\/p>\n\n\n\n<p>In this AMA Recap we will try to summarise the most\ninteresting 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>Mary\n| Satoshi Club:<\/strong> Hello Satoshi Club! We are happy to\nannounce our AMA session with Stone! Welcome to Satoshi Club&#x1f600;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> @Alexlam2013 @cryptooosss @Stone_Golem\n@vk_1118 welcome guys! nice to see you here!<\/p>\n\n\n\n<p><strong>Serg | Satoshi Club: <\/strong>Welcome\n\ud83d\ude42<\/p>\n\n\n\n<p>Great to see you again<\/p>\n\n\n\n<p><strong>Shera\n| will never dm u first for funds:<\/strong> Hi guys thanks for\nhaving us!<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> Hi everyone<\/p>\n\n\n\n<p><strong>PJ:<\/strong> Hahah\nnice to be back and share more abt Stone<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club: <\/strong>Happy to see you here again, guys &#x1f923;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club: <\/strong>long time no see &#x1f601; how are you\ndoing?<\/p>\n\n\n\n<p><strong>Shera\n| will never dm u first for funds: <\/strong>[ &#x1f91f; Sticker ]<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> pretty good and busy~~<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> cool!<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Oh, guys! I missed your gifs&#x1f923;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> so let&#8217;s not break our tradition and\nbegin with intro&#x1f609;<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> For those who could miss first AMA&#x1f600;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> @Alexlam2013 @cryptooosss @Stone_Golem\n@vk_1118 please introduce yourselves and your project! &#x1f4aa;<\/p>\n\n\n\n<p><strong>Shera\n| will never dm u first for funds:<\/strong> So glad to be here. I am\nshera, community manager at STONE<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> I feel you have a lot of work, Stone\ncommunity is growing &#x1f609;<\/p>\n\n\n\n<p><strong>PJ:<\/strong> yes\nhello guys, this is PJ, and am\nhelping with Stone marketing and BD. Stone is the anchor rock solid platform\nwhich is primarily targeting at providing the four following services for our\nusers &#8211; passive income vault, cross-chain strategies, liquid pos yield streams\nand risk optimised yield indices<\/p>\n\n\n\n<p>Do also check out our website https:\/\/www.stonedefi.io<\/p>\n\n\n\n<p><strong>Shera\n| will never dm u first for funds: <\/strong>Yup pretty busy these\ndays. Welcome all to join our fortress @stonefortress<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> Nice to meet everyone, this is Alex, I am the project\nlead of Stone. I have been in crypto for more than&nbsp; 7 years, after I compeleted my phd degree\nfrom university, I have been involded with crypto industry.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> I like your marketing job! Very\nprofessional &#x1f609;<\/p>\n\n\n\n<p>Alex, i wanted to tell that you&#8217;re early bird, but\nlooking at your avatar i can tell that you&#8217;re crypto Stone&#x1f923;<\/p>\n\n\n\n<p>Thanks! And who&#8217;s going to tell us what news we have\nfor us since our last AMA?&#x1f525;<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> Hello guys. I\u2019m golem. A global trotter and crypto\naddict. Have been in the space since 16 and loving it ever since.<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> hahaha, it&#8217;s true, early and diligent bird<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Golem, you really rock&#x1f4aa;<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> You are always too good to me. @madamlobster<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Yes&#x1f609; i like Stones<\/p>\n\n\n\n<p>So, who will tell?&#x1f609;<\/p>\n\n\n\n<p>Yeees&#x1f680;<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> let me do it firstly, internet is not so table my\nside<\/p>\n\n\n\n<p><strong>PJ:<\/strong> Let\nme share some as well<\/p>\n\n\n\n<p>Basically we have launched our alpha test mining on\nstone, which will like to welcome users to start rock solid yield with us<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> I feel that may be tg has some problems,\nmine is not perfect today also &#x1f937;<\/p>\n\n\n\n<p>Wow! That&#8217;s great news!<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> well, maybe it&#8217;s time to open the first\npart of AMA and guys will share even more news with us during the AMA? &#x1f440;<\/p>\n\n\n\n<p><strong>PJ:<\/strong> &nbsp;We have opened initially the stable coin\nvaults and following our liquid pos strategies for eth2.0 tokens like rEth<\/p>\n\n\n\n<p>Total tvl on stone has been around 50 mil usd !<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> It&#8217;s incredible &#x1f60d;<\/p>\n\n\n\n<p><strong>PJ:<\/strong> Both\nare good we will like to jst share more and interact more with all community\nmembers<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> will share all our latest news by your questions~<\/p>\n\n\n\n<p><strong>PJ:<\/strong> pls\ngo ahead<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Ok, that&#8217;s great! Our first question is\nabout Stone Defi Alpha Test Mining&#x1f525;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> thank you for the intro!<\/p>\n\n\n\n<p><strong><em>Q1 from Telegram user @Highpee<\/em><\/strong><\/p>\n\n\n\n<p><strong>During your last visit here on Jan 18, you\npromised to launch the alpha version of your project at end of Jan or early\nFeb. Just as promised, within that period and this your second coming, you have\nreleased the Stone Defi Alpha Test Mining for your protocol and it has amassed\nover $45 million as TVL in your UDST and USDC vaults combined. Tell me a little\nabout this success story. How have you been able to drive adoption towards your\nproduct and gain investors\u2019 confidence despite the fact that $STN is not yet\navailable on any exchange? When is your TGE and when can we start to buy $STN?<\/strong><\/p>\n\n\n\n<p><strong>PJ:<\/strong> honeslty,\nwe have got the question like &#8220;when buy $STN&#8221; all the time haha but\nlets start with the firts part, to prepare the launch, we have done several\nrounds of internal checks for the system and debate on the UI designs, and in\nthe meantime, actually we have engaged Peckshield in end Jan to start the\npremilinary work and also spend another month to work with them to go through\nthe smart contract and help resolve any issues<\/p>\n\n\n\n<p>the key principle we have is about &#8220;ROCK\nSOLID&#8221; as we keep emphaising to the community that we will like to make\nyou sleep well at night by providing you the stable and secure yields<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> really thx for all our fans, and I guess some of u\nmake the contribution on our TVL as well. we didnt launch our product only\nafter its audit finalized.<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> so now basically we can stake usdc and\nusdt and earn $STN? this is how it works?<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> 45$ mln, that&#8217;s really unbelievable &#x1f389;<\/p>\n\n\n\n<p><strong>PJ:<\/strong> another\npart is about our partnership, as we mentioned, we have been dedicated in\nintroducing pos yields to the platform, where we have initiall working with\nstafi to get rETH onboarded, and we even decide to delay adding some new etn2.0\ntoken in order to make sure everything goes well<\/p>\n\n\n\n<p>yes you can, and also you can complete the tasks set\nby Stone Golem to get a special gift<\/p>\n\n\n\n<p><a href=\"https:\/\/stonedefi.medium.com\/get-ready-for-the-alpha-launch-of-stone-platform-d08dc6854458\">https:\/\/stonedefi.medium.com\/get-ready-for-the-alpha-launch-of-stone-platform-d08dc6854458<\/a><\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> My tasks<\/p>\n\n\n\n<p><strong>PJ:<\/strong> find\nthis guys!<\/p>\n\n\n\n<p>actually you can also deposit rETH which is issued by\nStafi as well<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> cool! and how long this farming will\nlast? how many of your tokens are you planning to distribute?<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> So, just simple social media tasks?&#x1f609;<\/p>\n\n\n\n<p><strong>PJ:<\/strong> again\nrock solid is the key thing that helps us earn the trust from the community,\nwill be bit differerent from the protocol offering high APY like\nbigdataprotocol, but you may encounter emergencies<\/p>\n\n\n\n<p>the alpha phase will last for some weeks, during the\nperiod, we also collect feedback to improve, we now keep the # of STNs to be\ndistributed as a secret, and please come and join us to find out more. thank\nyou<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> nice! thank you for the info &#x1f44d;<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Oh, i love secrets &#x1f60d;<\/p>\n\n\n\n<p><strong>PJ:<\/strong> but\nmaybe Alex can share more<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> suprise &#x1f61c;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> you guys know what Mary loves<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> I see he is typing &#x1f609;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> &#x1f609;<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> we will use the Yield Farming Reserve pool which\nreleased to community at the very beginning, but I wont share more about the\nnumber for alpha testing, because PJ mentioned secret.<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> &#x1f44f;<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> We will waiting for updates &#x1f609;<\/p>\n\n\n\n<p>Thanks for your answers, guys! Ready to proceed?&#x1f600;<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> lests go ahead~<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> let&#8217;s go!<\/p>\n\n\n\n<p><strong><em>Q2 from Telegram user @yellowchamp<\/em><\/strong><\/p>\n\n\n\n<p><strong>Could you explain and describe to us what\nnew AMM mechanism being implemented and applied in Stone network to mitigate\nimpermanent loss to protect user\u2019s funds? How does this mechanism works in your\nplatform? How does this new AMM become reliable in mitigating impermanent loss?\nThank you<\/strong><\/p>\n\n\n\n<p>On stone, there won\u2019t be IL as we are not launching\nour own AMM at this moment, given we focus on crafting rock solid yield for our\nusers, we may link with external AMMs for LP tokens but again we will only\naccept deposit of the LP tokens rather than hosting the swap liquidity pool<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> One example I would like to share, Stone is the first\nyield aggregator to bring liquid staking assets to ethereum ecosystem<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> But is this mechanism is ready and just\nwaiting when it will be time to launch it? Or you still improving it?<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> So we are making staked eth as liquid as ETH. and we\nhave successfully created a liquidity pool of rETH\/ETH on uniswap. We have\nhelped used to incur no IL for this pool<\/p>\n\n\n\n<p>In the future, we might become the largest dex for\nliquid staking assets with no IL. no one had touched liquid staking assets but\nstone<\/p>\n\n\n\n<p><strong>PJ:<\/strong> Yes!\nBut we will plan carefully for the Dex<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> &#x1f4aa;&#x1f4aa;&#x1f4aa;<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Bright future with Stone&#x1f680;<\/p>\n\n\n\n<p>Guys, do you want to add something or we can go to the\nnext question?<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> Let\u2019s move forward \ud83d\ude09<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> thank you for the informative answers!<\/p>\n\n\n\n<p><strong><em>Q3 from Telegram user @NSZR1 <\/em><\/strong><\/p>\n\n\n\n<p><strong>In your blog I read that STONE has\nfinished the code security audit by Peckshield for the aplha test mining\nprogram, what security features will the implementation of this code provide to\nusers who participate in the alpha testing mining program, and what were the\nresults of this audit? considering the high escepticism users commonly have,\nwill you have further regular audits to this code?<\/strong><\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> Let me take that<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Sure&#x1f44c;<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> First of all, Stone has an architecture that\nconstrains what users funds can go into. Meaning users funds can only go to the\nwhitelisted venues<\/p>\n\n\n\n<p>This is important as more funds grow, we don\u2019t want\nany security bleach on users funds<\/p>\n\n\n\n<p>Secondly, peckshield has run through all checks on\nwhat attacks have happened to other protocols. So we don\u2019t repeat tragedy that\nhappens to others. The benefit of late comers<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> As i know you also partnered with Tidal\nFinance? Will it also help your users to feel more secure?<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> We understand that this space is proceeding too fast\nand a lot of unknown risks. Therefore, when we hit 40 mil tvl. We slowed down\nthe alpha testing to go through another review of security.<\/p>\n\n\n\n<p>Haha, you really followed our progress Mary.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Of course &#x1f609;<\/p>\n\n\n\n<p><strong>PJ:<\/strong> Yes,\nmore than that we have also been discussion with other insurance protocol and\nwe want provide more security to user funds.<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> With tidal, we are working on insurance to provide\nmore assurance to users. And in addition, if Stone is secure enough, insurance\nprotocol would be willing to provide funds into stone. That will be huge!<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> someone good prepared for the AMA &#x1f601;<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> Done<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Guys, what can i say&#x1f937; you are\nreally working on your security! Not only words&#x1f44d;<\/p>\n\n\n\n<p>&#x1f44d;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> and you know a lot about security and\naudits &#x1f604;&#x1f609;<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> &#x1f609;<\/p>\n\n\n\n<p>Thanks for your answers, Stones&#x1f609;<\/p>\n\n\n\n<p>Ready to jump to the next question?<\/p>\n\n\n\n<p><strong>PJ:<\/strong> U\njump we jump<\/p>\n\n\n\n<p>Let\u2019s move forward<\/p>\n\n\n\n<p><strong><em>Q4 from Telegram user @Gutike95<\/em><\/strong><\/p>\n\n\n\n<p><strong>You mention that the STONE Protocol has\n\u201cadditional home strategies\u201d, but could you really describe a bit of it? And\nreally what makes it \u201chomemade\u201d as opposed to other strategies?<\/strong><\/p>\n\n\n\n<p><strong>PJ:<\/strong> This\nwill more relating to our pos yield income streams<\/p>\n\n\n\n<p>When we start Stone, we are the first one to be the\nbridge and introduce liquid pos yield tokens<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"679\" height=\"1024\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-03-12_19-10-25-679x1024.jpg\" alt=\"\" class=\"wp-image-6874\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-03-12_19-10-25-679x1024.jpg 679w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-03-12_19-10-25-199x300.jpg 199w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-03-12_19-10-25-768x1158.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-03-12_19-10-25.jpg 826w\" sizes=\"(max-width: 679px) 100vw, 679px\" \/><\/figure>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Opportunities are really great!<\/p>\n\n\n\n<p><strong>PJ:<\/strong> This\nis our direction toward market positioning as we have observed that current\ndefi erc20 yield has come from underlying lending protocol, transaction fees,\nand other governance token farming. We willl like to intro new strategies to\ncomplement the current defi landscape<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> On which part of the pie do you expect?&#x1f609;<\/p>\n\n\n\n<p><strong>PJ:<\/strong> We\nare actually creating a new pie for the community! It depends how we can work\ntogether to make the pie bigger<\/p>\n\n\n\n<p>And we do see the larger market cap for pos market cap\ncompared with tvl for defi<\/p>\n\n\n\n<p>Over.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Nice plans! You know how to work with\nstrategies &#x1f609;<\/p>\n\n\n\n<p><strong><em>Q5 from Telegram user @Pratze<\/em><\/strong><\/p>\n\n\n\n<p><strong>Stone Golem want to distribute STN tokens\ninto the strong hands of STONE supporters and also have Special Gift for for\ntheir holder, do all your holder possible to receive this gift? What is the\nrequirement? And also can you explain about when is STN reward vesting will be\ndistributed?<\/strong><\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> I think this question was partially\ncovered<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> Let me take it. Since golem is making some of the\ngifts. \ud83d\ude09<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Ahaha &#x1f923;<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> hahaha, lets Golem answer Golem&#8217;s fans~~<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> We are taking an approach similar to uniswap. That is<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Wow<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> To get early users to try out our protocol and test\nout our security.<\/p>\n\n\n\n<p>In return, we will distribute STN tokens to early\nbackers in a retrospective manner<\/p>\n\n\n\n<p>So if you believe in stone, and want to be part of it.\nPlease try out stone protocol and provide us feedback<\/p>\n\n\n\n<p>And retweet on social media so that more people know\nabout us<\/p>\n\n\n\n<p>The tvl is only 50mil now<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> I think a lot of users will try it! Wait\nfor feedback from Mary&#x1f923;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> wow&#8230;let&#8217;s all use Stone guys! &#x1f604;&#x1f44d;<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> Liquid staking asset market cap is more than 100 bil<\/p>\n\n\n\n<p><strong>PJ:<\/strong> https:\/\/stonedefi.medium.com\/get-ready-for-the-alpha-launch-of-stone-platform-d08dc6854458<\/p>\n\n\n\n<p>again pls find this for reference<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> we do repect our users, that is the reason we\nupgrading the UX now. so all your feedback will be helpful to make Stone\nbetter.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Sure! Satoshiclubbers &#x1f680; don&#8217;t miss your\nopportunity<\/p>\n\n\n\n<p>Thank you guys! We also respect everything you&#8217;re\ndoing!<\/p>\n\n\n\n<p>Also, we still have 6th and last question from this\npart left&#x1f600;<\/p>\n\n\n\n<p>Ready for it?<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> yes~<\/p>\n\n\n\n<p><strong><em>Q6 from Telegram User @stevefix56<\/em><\/strong><\/p>\n\n\n\n<p><strong>Qualities of a Stone is said to be\nstructured, hard, tough with workability; What concept of a stone does Stone\nTeam platform represent, is there a structure for collaborators. Stone recently\nindicated interest in working on upgrade with UI improvement and contract\noptimization. I will like to know what this means to the community.<\/strong><\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> We are pleased that the community trusted us with\nover 40mil tvl within three days. We take it as a compliment and also a\nresponsibility to make stone even better. As you all know, gas fee on etherum\nhas been high<\/p>\n\n\n\n<p>And we noticed some tricks to make gas fee more stable\nand reasonable for users.<\/p>\n\n\n\n<p>In addition, stone is young we have received quite\nsome feedback about UI. our goal is to make it as simple as possible for users<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> im very curious to know about those\ntricks..<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> Therefore, a UI improvement is needed and we will do\nmore security checks<\/p>\n\n\n\n<p>Haha, just to share one example, reducing decimal\nnumbers for your deposited funds make gas fee much less<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club: <\/strong>To be honest i almost stopped to use ETH\nbecause of high fees&#x1f937; but Stones inspire me to try again&#x1f923;<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> Well, we are all facing a common problem. Just like\nwe all complain about high rental fee in Manhattan.<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club: <\/strong>&#x1f92f;&#x1f601; nice work guys&#x1f44d;<\/p>\n\n\n\n<p><strong>Stone\nGolem:<\/strong> But this might change once we do more optimization\nand migrate to polkadot!<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Remind me, please, when do you plan\nmigration?&#x1f600;<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> haha, we all suffered high gas fee, and Stone has the\nlayer2 partner already,we will announce later, after that, using ETH will be\nnot pain any more.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Thanks god! How soon can we expect this\nannouncement?&#x1f600;<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> we will announce it once finished the product. &#x1f61c;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> will you be use optimism or zkrollups?<\/p>\n\n\n\n<p>&#x1f44c;<\/p>\n\n\n\n<p>we will be waiting for your announcements then &#x1f609;<\/p>\n\n\n\n<p>and now&nbsp; time\nfor the second part!<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> yes, then u and Mary will keep following Stone~~<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Ok, guys! I feel the same as @Cool_as_Ice\n&#x1f600;<\/p>\n\n\n\n<p>I will, you can be sure!<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> hahaha,cool<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> big thank you for answers in part 1!\n@Alexlam2013 @cryptooosss @Stone_Golem @vk_1118 we will open chat for 2\nminutes, after chat will be closed &#8211; you can start select questions from\nSatoshi \u0421lub members!<\/p>\n\n\n\n<p><strong>Alex\nStone:<\/strong> lets party<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Let&#8217;s make this chat noisy &#x1f680;<\/p>\n\n\n\n<p>Let&#8217;s go &#x1f680;<\/p>\n\n\n\n<h2><strong>Part 2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n<p><strong><em>Q1 from Telegram user @KASG95<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>As I said in your audit \u201cthe\ncharacteristics of your smart contracts are still in an early stage but\nexciting development\u201d, could you really tell us how long it will take for Stone\nto be available to all users? Also could you provide us with the Road Map?<\/strong><\/p>\n\n\n\n<p><strong>Stone Golem: <\/strong>Stone\nhas already been available to all users with both stablecoin and staked ETH\nvaults. And we will launch more vaults step by step once we deem everything is\nalright<\/p>\n\n\n\n<p><strong><em>Q2 from Telegram user @atillayeni<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>Do you only want to be on ethereum\nblockhain ecosystem or are there any plans for Stone Defi to create cross-chain\nintegration between other blockchains and maybe binance smart chain?<\/strong><\/p>\n\n\n\n<p><strong>Stone Golem: <\/strong>Stone\nhas been built on etherum as a first step to serve the majority of defi users.\nAnd we have won a grant from web3 foundation to build the first crypto index on\npolkadot. We want to combine the merits of both etherum and polkadot in the\nfuture<\/p>\n\n\n\n<p><strong><em>Q3 from Telegram user @moe_808<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>Can you share with us stone roadmap at\nwhich part will be the launching of aeth and steth? @Alexlam2013&nbsp; @cryptooosss&nbsp;\n@Stone_Golem&nbsp; @vk_1118<\/strong><\/p>\n\n\n\n<p><strong>Alex Stone: <\/strong>will\nbe days delay only, after we upgraded UI and check the potential secutiry\nrisks. and we will announce new partnerships and latest roadmap in the\nmeanwhile.<\/p>\n\n\n\n<p><strong><em>Q4 from Telegram user @Aruncryptonationt<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>hello guys!<\/strong><\/p>\n\n\n\n<p><strong>Iam confused Whats the token contract\naddress and vault contract address?@Alexlam2013 @cryptooosss @Stone_Golem\n@vk_1118<\/strong><\/p>\n\n\n\n<p><strong>Stone Golem: <\/strong>You\ncan go to stone website the portfolio page. All contract address and token\naddress are shown there<\/p>\n\n\n\n<p><strong><em>Q5 from Telegram user @centoscu<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>Could you explain the benefits the\npartnerships you have done recently?<\/strong><\/p>\n\n\n\n<p><strong>Stone Golem: <\/strong>In\nshort, partnership are mainly focusing on bring in more innovative assets,\ncross chain communication and more security. Stones philosophy of being rock\nsolid had won a trust from our partners<\/p>\n\n\n\n<p><strong><em>Q6 from Telegram user @highpee<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>Your plan was to launch two new vaults\n(aETH and stETH) but you have delayed it in order to work on UI update and\ncontract optimisation. What aspects of your contract are you going to optimised\nand how will this affects the performance of your existing vaults without\ncausing a disruption? <\/strong><\/p>\n\n\n\n<p><strong>Alex Stone: <\/strong>it\nwill not affect current vaults at all, they are indepent. and deposit rETH can\nget special reward from Stafi Token(FIS) as well, so you can try rETH strategy\nnow.<\/p>\n\n\n\n<p><strong><em>Q7 from Telegram user @Garrinepotter<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>What actions are taken by the Stone\nprotocol to minimize the risks of investors? How is the reliability and\nstability of the pools and, accordingly, the profitability on your platform\nachieved?<\/strong><\/p>\n\n\n\n<p><strong>Stone Golem: <\/strong>Take\none example, we allow users to set max allowance of transfer from their\nwallets. This prevent fund to be stolen from wallet. In addition, we are\ninternally testing our erudite all the time.<\/p>\n\n\n\n<p><strong><em>Q8 from Telegram user @azrayeni<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>Are you working with social media\ninfluencers because it is important for a project to reach new users?<\/strong><\/p>\n\n\n\n<p><strong>Stone Golem: <\/strong>You\nwill soon hear from more KOLs about stone and how it makes their life easier\nand fun! And you are already ahead of them. \ud83d\ude09 they are studying secretly.<\/p>\n\n\n\n<p><strong><em>Q9 from Telegram user @dumpspump<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>What do you plan to do with the gas prices\nEthereum has right now? As project is moving a little bit slow, are you waiting\nfor Ethereum 2.0?<\/strong><\/p>\n\n\n\n<p><strong>Alex Stone: <\/strong>as\nwe mentioned, we are cooperating with layer2 protocols to fix the high gas fee.\nfor current cosmter we will compensate in someway, and we no need wait for ETH\nphase1.5, its too long.<\/p>\n\n\n\n<p><strong><em>Q10 from Telegram user @cryptofollower<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>Are you the first project to launch such\nproperties when it comes to yield management framework comparing with other\ndefi projects?<\/strong><\/p>\n\n\n\n<p><strong>Stone Golem: <\/strong>Yes.\nAs far as we know, we are creating a trading and lending market for staked ETH\nand other assets in the space. The current defi are all like stock plays. While\nwhat we bring are interest bearing assets like bonds. Bonds are much larger\nthan stock market<\/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\nClub Team asked the chat 4 questions about the crypto project. A link to a Quiz\nform 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>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><strong><\/strong><\/p>\n\n\n\n<p>Telegram: <a href=\"https:\/\/t.me\/stonefortress\/\">https:\/\/t.me\/stonefortress\/<\/a> <\/p>\n\n\n\n<p>Twitter: <a href=\"https:\/\/twitter.com\/DefiStone\/\">https:\/\/twitter.com\/DefiStone\/<\/a> <\/p>\n\n\n\n<p>Website: <a href=\"https:\/\/www.stonedefi.io\/\">https:\/\/www.stonedefi.io\/<\/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 Stone. Our guests were @Alexlam2013 @cryptooosss @Stone_Golem @vk_1118. The AMA took place on 12th March. The AMA session was divided into 3 parts with a total crypto reward pool of [&hellip;]<\/p>\n","protected":false},"author":66,"featured_media":6638,"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\/6872"}],"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=6872"}],"version-history":[{"count":1,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/6872\/revisions"}],"predecessor-version":[{"id":6875,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/6872\/revisions\/6875"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/6638"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=6872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=6872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=6872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}