{"id":7224,"date":"2021-03-21T22:41:37","date_gmt":"2021-03-21T20:41:37","guid":{"rendered":"https:\/\/esatoshi.club\/?p=7224"},"modified":"2021-03-21T22:41:39","modified_gmt":"2021-03-21T20:41:39","slug":"bogtools-x-satoshi-club-ama-recap-from-18th-of-march","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/03\/21\/bogtools-x-satoshi-club-ama-recap-from-18th-of-march\/","title":{"rendered":"BogTools x Satoshi Club AMA Recap from 18th of March"},"content":{"rendered":"\n

Welcome to another episode of our AMA\nseries. Today we are glad to tell you about the AMA session with our friends\nfrom BogTools<\/a>. <\/p>\n\n\n\n

BogTools is a BEP-20 smart contract that provides\ndecentralized on-chain oracles and code execution on the BSC blockchain. The AMA took place on March 18 and our\nguests were @LukeBogTools<\/a> (Co-founder,\nlead Business Development and Marketing) and @JohnBogTools<\/a>\n(Co-founder and Lead Developer).<\/p>\n\n\n\n

The total reward pool was 500$ and was\ndivided into three parts. In this AMA Recap we will try to summarize some of\nthe most interesting points for you.<\/p>\n\n\n\n

\n\n\n\n

PART 1, INTRODUCTION AND COMMUNITY QUESTIONS<\/strong><\/p>\n\n\n\n

Gold Rocket | Satoshi\nClub: <\/strong>Good evening, dear community! We conclude our today’s exciting AMA\nmarathon series with BogTools. Today our guests are @LukeBogTools<\/a> and @JohnBogTools<\/a>!<\/p>\n\n\n\n

John BogTools.io:<\/strong>\nHello everyone<\/p>\n\n\n\n

Luke: <\/strong>Hi\neveryone, really excited to be doing our first AMA for the BogTools Project!<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub: <\/strong>Well guys, to begin the AMA please tell us a short introduction about\nyou and about BogTools project.<\/p>\n\n\n\n

John BogTools.io: <\/strong>BSC\nat the moment is a very untapped market and our project, BogTools, hopes to\ncapitalize on this and provide infrastructure and utility that is currently not\nabout on BSC. We launched a Verifiable Randomness Oracle on Monday which we\nhope to see Casino & Lottery projects start to build on, we also have\nPancakeswap limit orders upcoming and will be working on more oracles in the\nfuture.<\/p>\n\n\n\n

Luke:<\/strong> So our\ntoken $BOG is a utility token which makes all the BogTools we’re working on\npossible. It’s quite hard to explain everyone in granular detail, but we’ll do\nour best in the AMA questions :). I’ll take a second to introduce myself. My\nname is Luke Martinez; I’ve actually been involved in crypto since I was a\nteenager all the way back in 2011. I bought my first bitcoin in 2011-12 (I\ndon’t remember exactly) for about $160 and sold it for $800. What I thought was\na great amount at the time. Since then I have been extremely interested in\ncrypto, I was involved in the Peercoin community \u2014 back when Proof of Stake was\nactually just a concept created by Sunny King \u2014 an anonymous developer just\nlike Satoshi Nakamoto.<\/p>\n\n\n\n

Since then I’ve obviously studied Marketing and built my own\nmarketing business from scratch over the past 7 or so years. You can find me on\nLinked-in for more info about that. Nowadays I’m co-founder here at BogTools!\nWe’re super excited for what we’ve delivered already, and what we’re set to\ndeliver in the future on our roadmap.<\/p>\n\n\n\n

So I lead Business Development and Marketing here, while\nJohn is our Lead Developer. But that doesn’t stop me from getting my hands\ndirty from time to time in the code. \ud83d\ude42<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub:<\/strong> What benefits $BOG provides to holders?<\/p>\n\n\n\n

John BogTools.io:<\/strong>\nSo we will be charging for use of our utilities in $BOG which will be\nredistributed in part to our liquidity providers and stakers. We also expect to\nsee a rise in demand for $BOG as projects need to buy up large amounts to fund\ntheir use of our infrastructure.<\/p>\n\n\n\n

Gold Rocket | Satoshi\nClub: <\/strong>Great experience friends!Can\nyou tell us all more about the project, the idea, how it started? And\nespecially why is it needed?<\/p>\n\n\n\n

Luke: <\/strong>So BogTools\nstarted by us noticing there were quite a lot of things missing on the BSC\nblockchain when it came to developing our BogARG. And the solutions that do\nexist are clunky and not particularly developer friendly. Each tool we are\ndeveloping is to fit a particular usecase, for example BogRNG is a verifiably\nrandom number generator for BSC. Binance Smart Chain doesn’t currently have any\neasy to use verifiably random number generators \u2014 this is because you can\u2019t\ngenerate real random numbers on chain that are secure from attack, due to the\nfact that all nodes must be able to agree on the outcome of code, so they can’t\nagree on randomness \u2014 as randomness leads to different outcomes. We’ve solved\nthis with a clever solution, that we’ve released as BogRNG.<\/p>\n\n\n\n

BogRNG is live and available now, the docs are available on\nour website for any project to implement it.<\/p>\n\n\n\n

John BogTools.io: <\/strong>We\nare also offering free random numbers from our Oracle to developers who want to\nadopt our infrastructure early on, instead of charging the normal fee, any\ndevelopers feel free to contact me about this as the market for RNG\napplications on BSC is fairly untapped right now and we would love to see some\ninteresting projects popping up that use our infrastructure.<\/p>\n\n\n\n

Gold Rocket | Satoshi\nClub: <\/strong>Thanks for the great intro! ready to go to community questions or\nwould you like to add something else?<\/p>\n\n\n\n

Luke: <\/strong>Just one\nmore thing that I’d love to add. BogTools is a suite of tools, and we’re going\ndown our roadmap to implement each piece of our vision. We’re excited to\nannounce the release date of our next BogTool product.<\/p>\n\n\n\n

This product will require a small amount of $BOG to use, and\nI think will really excite all the readers here \u2014 especially those familiar\nwith pancakeswap. I’ll let John continue…<\/p>\n\n\n\n

John BogTools.io: <\/strong>People\nwho have been keeping up with our project will probably be familiar with our\nroadmap, we were planning on working on our Sminem NFT’s next however I am\nhappy to announce we will be reprioritising to focus on launching Pancakeswap\nLimit Orders. We will be launching these for a select few token pairs on April\n2nd with more pairs releasing in the weeks following.<\/p>\n\n\n\n

Luke:<\/strong> This means\nthat you will be able to place orders for select tokens on our platform,\nutilising pancakeswaps liquidity, and have them filled when the price reaches\nthe set price. True limit orders on Pancakeswap coming April 2nd. The only\nreason we’re not launching this for all pairs to begin with, is so that we can\ncope with the demand and scale over time. \ud83d\ude42<\/p>\n\n\n\n

John BogTools.io:<\/strong>\nWe will be working on Stop Losses & Take Profit orders after we launch the\nLimit Orders.<\/p>\n\n\n\n

Q1 from Telegram User\n@h1drX<\/strong><\/p>\n\n\n\n

BogTools NFTs use\ndrop-down bogtools to execute potential gamification contracts and other\nfeatures that produce use value. Can you explain to me what this means? What\nare the different cases in which I can use the NFT\u2019s?<\/em><\/p>\n\n\n\n

Luke: <\/strong>We’re\nbuilding the BogARG which includes all the gamification and NFTs to both\nprovide value for our community and help foster our positive community. The ARG\nis very community focused, and we’re happy to continue developing that in the\nway the community wants us to. We want to reward people who are involved in the\nproject in an exciting way, and we think that creating unique NFTs and other\nfeatures that are yet to be announced is the way to do this. It also serves as\na tech demo for a lot of the other BogTools tech.<\/p>\n\n\n\n

The ARG has a function within the BogTools ecosystem by\nencouraging $BOG transactions which power a portion of the BogTools tech.<\/p>\n\n\n\n

John BogTools.io: <\/strong>We\nhave lots of ideas on how we could expand this and are always happy to take\ncommunity feedback on it as well.<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub: <\/strong>Why ARG?<\/p>\n\n\n\n

Luke: <\/strong>ARG stands\nfor Alternate Reality Game. So we have some really cool ideas of how we can\nhide secrets, puzzles, etc in the code of the tools, websites and other places 👀\nto unlock NFTs, Rewards and other things for clever community members. (This\nisn’t released yet, but there are some secrets around…) There’s a bunch more\ncoming for the BogARG which we are so excited for, but for now our main focus\nis the Limit Orders \u2014 once these are released, we’ll return to implement a lot\nof the cool stuff we want to do in the ARG.<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub: <\/strong>So that is part of the tokenomics of the project? what quantity of\ntokens will be for community rewards?<\/p>\n\n\n\n

Luke: <\/strong>The $BOG\ntoken itself don’t have a specific amount set aside for community rewards and\nthings like that. We want to drive value mainly within the NFTs and the\nexclusivity of the $BOG NFTs. The Tokenomics of BOG current redistribute a 4.5%\ntransaction fee to LP stakers. However, this will be removed soon once the Bog\nLimit Orders start returning their fees to LP stakers \u2014 creating a really nice\nincentive for people to stake their LP tokens.<\/p>\n\n\n\n

Gold Rocket | Satoshi\nClub:<\/strong> Look forward to! Give us hints.<\/p>\n\n\n\n

Luke: <\/strong>We’ll drop\nhints when the puzzle part of the ARG is ready for people to start playing.\nExpect an empty text box that wants an answer ;). But at the moment, the main\nfocus of the project is getting the limit orders live. The ARG will be a nice\nfun part of the project we’re excited to start working on again after this.<\/p>\n\n\n\n

Q2 from Telegram User\n@kosku21<\/strong><\/p>\n\n\n\n

I read that the\nbogtools roadmap is flexible, so how do we do if we want to expose important\nideas to this project to improve the ecosystem? at the same time I want to know\nhow to be part of this team in creating different types of dapps?<\/em><\/p>\n\n\n\n

John BogTools.io: <\/strong>Me\nand Luke are always both active in Telegram and respond to everyone who @’s us\nor DM’s us. We also have channels in our Discord dedicated to development. We\nhave taken on a few community members now as contracted members of the team to\nwork on specific parts of the project, they just expressed interest when we announced\nour interest in a dev with a specific skill – so keep an eye out on telegram\nand discord. If you are interested on building on our infrastructure, then we\nhave information available on our docs & I’m always happy to help out\nanyone trying to use our tech if they get in contact.<\/p>\n\n\n\n

Luke: <\/strong>Yeah our\ngoal is to always be super responsive. If you have ideas for bogtools that can\nexpand on our tech, we’d be super keen to hear them. We have a dedicated #Ideas\nChannel in our discord. I believe the stuff on our roadmap is really only the\nbeginning for BogTools.<\/p>\n\n\n\n

You can join our telegram https:\/\/t.me\/bogtools<\/a>\n<\/p>\n\n\n\n

You can join us on Discord https:\/\/discord.gg\/bogtools<\/a> <\/p>\n\n\n\n

And finally give us a wave on Twitter https:\/\/twitter.com\/bogtools<\/a> <\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub: <\/strong>And is there rewards for adopted ideas for the community members?<\/p>\n\n\n\n

Luke:<\/strong> We don’t\nhave a fixed bounty yet, but we are always looking at rewarding our community\nmembers for making, building and coming up with new things. We’ve paid out\nseveral thousand $bog as rewards for various things so far.<\/p>\n\n\n\n

Q3 from Telegram User\n@meml97<\/strong><\/p>\n\n\n\n

I read on your twitter\npage that on March 11, you experienced a short DDOS attack earlier that day,\nbut you were able to successfully mitigate it within about 15 minutes. Can you\ntell us more about this attack? What happened? What security measures have you\ntake since that day to make sure this won\u2019t happen again and to give the\nsecurity your users need to be able to completely trust BogTools? Have you been\naudit before or have plans on doing so?<\/em><\/p>\n\n\n\n

Luke:<\/strong> So\nunfortunately there are bad actors in the crypto space. Almost everyone here\nhas received a scammers telegram message. The types of scams that target\nprojects are a bit more sophisticated. A DDOS is when someone sends so many\nrequests to your website, that it is unable to keep up and ends up dropping\nrequests. Making it essentially unreachable. \nThis DDOS was an extortion attempt at getting some Ethereum from the\nteam.<\/p>\n\n\n\n

We don’t negotiate with people like that, so we worked hard\n\u2014 under quite a quick window as we had our voice AMA scheduled for 20 minutes\nlater \u2014 to mitigate the attack by blocking the malicious traffic. Attacks like\nthis aren’t special, they’re just floods of traffic. Funds are never at risk in\nanything like this, it was just an attempt at making the site go down, to scare\npeople who hold the coin.<\/p>\n\n\n\n

As I have 8 years of experience in Digital Marketing, I\u2019ve\nseen these types of attacks before and have mitigated them before. So we were\nable to get it sorted quickly, return the site to normal service in about 15\nminutes, and have our discord voice AMA start on time.<\/p>\n\n\n\n

John BogTools.io: <\/strong>All\nour features are almost entirely programmed on-chain, this means that even if\nwe do suffer an attack to our website it will not affect your $BOG, any\nBogTools, etc. You are always able to interact with the blockchain via BscScan\nor your own node – DDOS attacks will never be able to affect your data or\ntokens. We plan on getting audits for all our contracts in the future, we will\nbe looking to get the limit orders contracts audited first once they are out so\nthat users are confident using this feature.<\/p>\n\n\n\n

Q4 from Telegram User\n@Gutike95<\/strong><\/p>\n\n\n\n

You mention that with\nBogTools it will be possible to facilitate and simplify the services in the BSC\ndApps, but what is it really that makes oracles services simplify and\nfacilitate? And by simplifying them, can the rest of the existing problems in\nthe oracles be solved?<\/em><\/p>\n\n\n\n

Luke: <\/strong>With\noracles we aim to make it simple for developers to implement our tech into\ntheir dApps, but our tech itself doesn’t need to be simple neither do the dApps\nthat developers build with our oracles need to be simple either.<\/p>\n\n\n\n

John BogTools.io: <\/strong>Oracles\nare also only a small part of what we plan on doing, there are a lot of great\noracle products out there for more complex problems, our goal is to offer easy\nto implement oracles along with the rest of our suite of utilities.<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub: <\/strong>What kind of tech BogTools uses? I mean Pow, PoS. And why did you\nchoose that tech?<\/p>\n\n\n\n

John BogTools.io: <\/strong>The\noracles we provide will be for on-chain data, such as historical prices for\npancakeswap token pairs. This doesn’t require the same proofs and technology\nthat external oracle data requires. ChainLink has some great tech for getting\ngas and oil price data for example, but who on BSC needs something like that\nright now? They also use this same external technology for providing prices\ndespite those prices being on-chain already. Because all the data is gathered\non-chain using the transaction hooks built into the BOG contract our data is\nreliable and does not have to be verified as no external off-chain sources are\nable to modify it.<\/p>\n\n\n\n

Luke: <\/strong>As long as\nyou trust the BSC chain, and our contract (all of which are public), you trust\nthe data outputs. So there’s no need for additional PoW or PoS. You can see\nsome of our live data directly from our oracles here: https:\/\/bogtools.io\/feeds\/<\/a><\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub: <\/strong>Thank you so much for these clear questions, I think our community is\nrealizing the main aims of BogTools and the benefits it provides to the\ncryptomarket, you have a strong project guys, with great fundamentals.<\/p>\n\n\n\n

John BogTools.io:<\/strong>\nThank you hopefully as more people use the infrastructure we are putting out\nthe entire BSC ecosystem can start benefitting from it.<\/p>\n\n\n\n

Luke:<\/strong> And yeah,\njust a reminder if you’re a developer interested on building on our technology.\nWe will be launching bounties to get you started, so don’t hesitate to reach\nout.<\/p>\n\n\n\n

Q5 from Telegram User\n@JuanSB07<\/strong><\/p>\n\n\n\n

Are the fees at\nBogTools really low and regulated? Wouldn\u2019t the gas you use to maintain your\nBogTool implementation + an additional percentage (%) be costly to offset the\necosystem and the BogTool developers? What exactly are the compensation\npercentages?<\/em><\/p>\n\n\n\n

John BogTools.io:<\/strong>\nBSC is cheap, much more so than Ethereum and whilst we have written some\ncomplex smart contracts we do agree with CZ’s goals of keeping gas prices\ncheap. We will be pegging our fees to set fiat amounts instead of using set\ntoken amounts that other projects do, such as Chainlink, that don’t take into\naccount the increase in token price. Uniswap transfers can cost up to $150, our\nlimit orders won’t even cost 5% of that.<\/p>\n\n\n\n

Keeping fees cheap is definitely something that we are\nfocusing on as we know this is one of the key selling points for people moving\nto BSC.<\/p>\n\n\n\n

Luke: <\/strong>It’s\nabsolutely BSC that allows us to do things affordably on chain and deploy this\nkind of technology.<\/p>\n\n\n\n

Q6 from Telegram User\n@yellowchamp<\/strong><\/p>\n\n\n\n

Bogstools just\nrecently launched price oracles for four key pairs $BNB, $ETH, $CAKE and $BOG.\nNot only are they updated live on your new site, but we can integrate them into\nproject in seconds and it\u2019s free forever. So how this integration works? What\nis the use of integrating? Aside from those four pairs, do you plan to add\nother pairs or tokens in the future? If yes, what would it be? Thank you.<\/em><\/p>\n\n\n\n

Luke: <\/strong>Yes, we’ll\nbe distributing gas refund tokens to people who make transactions, which can be\nredeemed for almost all, or all, the costs of making the transaction. We don’t\nexpect transactions on $BOG to go above a dollar though \u2014 we’re aiming for\nunder 60c total, so these refund tokens are just to compensate for the\ndifference between our transaction fees and a normal tokens transaction fees.<\/p>\n\n\n\n

We also have working implementations of the price oracles\nboth on our telegram, which you can use by typing \/price, on the price feeds\npage and also on bogged.finance with the historical charting.<\/p>\n\n\n\n

John BogTools.io:<\/strong>\nWe have docs available on our website for developers to use to integrate – they\ncan be used by other smart contracts or via web3 for off-chain access, we also\nwelcome any questions from developers in telegram\/discord who are looking to\nuse our infrastructure. We will need to deploy more oracles to use for stop\nlosses and arbitrage so we will definitely be deploying more in the future.<\/p>\n\n\n\n

\n\n\n\n

PART 2, TELEGRAM COMMUNITY LIVE\nQUESTIONS<\/strong><\/p>\n\n\n\n

The\nchat was open for 120 seconds; a lot of questions were posted by Satoshi Club\ncommunity. Our guests chose some of them. <\/p>\n\n\n\n

Q1 from Telegram User @atillayeni<\/strong><\/p>\n\n\n\n

What is bogtools exactly? Are you\nbuilding a gaming platform or a decentralized finance platform?<\/em><\/p>\n\n\n\n

Luke: <\/strong>We are a set of tools for both users and developers. Just\nlike how Pancakeswap is a trading platform, farming platform, NFT platform and\npotentially more in the future. We’re a platform that houses a whole lot of\ninterconnected tools\/projects, all powered by the $BOG token. BogRNG,\nBogOracles and BogARG as well as the Limit Orders are just the start.<\/em><\/p>\n\n\n\n

Q2 from Telegram User @cryptofollower<\/strong><\/p>\n\n\n\n

You said oracles you\nprovide will be on-chain but the randomness can’t be on-chain as is will\nrequire all nodes must be able to agree on randomness so you use oracles for\nthis. What security measurements do you have for your customers who are using\nyour randomness oracles from the attackers who might want to intercept the\nrandom number and alter it?<\/em><\/p>\n\n\n\n

John BogTools.io: <\/strong>You\nare right, our price oracles are on chain whereas our randomness oracle is\npartially off-chain. A hash is provided on-chain that the users can compare\nwith the number they receive to ensure it was not modified based on their\nrequest (this is the verifiable part). We have written up a security\nconsiderations section in our documentation that developers can use to ensure\ntheir dApps cannot’ be manipulated by malicious miners even if they are able to\nintercept the random number.<\/p>\n\n\n\n

Q3 from Telegram User @ltrlst<\/strong><\/p>\n\n\n\n

In limit orders, do you just give\nBogTools an allowance to buy with tokens from your wallet balance or do you\nhave to send the money to the contract in advance?<\/em><\/p>\n\n\n\n

John BogTools.io: <\/strong>You\nwill be required to send the contract your tokens in advance, this is to ensure\nthat limit orders will not fail (therefore wasting gas) due to users no longer\nhaving the tokens. For this reason, we will be looking into getting the limit\norders contracts audited as soon as we can after launch so that you are\nconfident using them.<\/strong><\/p>\n\n\n\n

Q4 from Telegram User @MihaiPisica<\/strong><\/p>\n\n\n\n

I have seen many projects starts with\nreally good promises but when there is low income on presale they abandon the\nproject. How can I be sure this won’t happen with your project?<\/em><\/p>\n\n\n\n

Luke: <\/strong>We’ve\nalready raised funds through a Fair Launch. We have enough funds to continue\ndeveloping the project for the foreseeable future, it is not a concern for us\nat all. Well before we deplete those funds, our business model is to be\nsustained by taking a small portion the fees that developers and users pay to\nuse BogTools.  For Example: Every time\nyou place a limit order, the majority will go towards paying the gas costs, a\nportion will go to stakers of LP, and a smaller portion will go to us to fund\nthe continued development and expansion of BogTools.<\/p>\n\n\n\n

Q5 from Telegram User @Antoni_azx<\/strong><\/p>\n\n\n\n

In one of your docs it’s written that\nyou’re offering free credit to early adopters of your Oracle, maybe some\ninvestors will be particularly called about this offer, can you provide more details\nabout it?<\/em><\/p>\n\n\n\n

John BogTools.io: <\/strong>Normally\nthe oracles would cost $BOG to use, for example we plan on charging $1 in BOG\nto use the random oracle (as oppose to Chainlinks ~$3). We are however offering\nfree credit to developers who adopt our oracles early on as we are keen to get\npeople developing on our infrastructure and launching interesting products on\nthe BSC ecosystem.<\/em><\/p>\n\n\n\n

Q6 from Telegram User @highpee<\/strong><\/p>\n\n\n\n

Your current priority now is to\nlaunch Pancakeswap LIMIT ORDERS which will be awesome. What are the token pairs\nyou will be providing for trading after launching and will you be adding more?\nAlso, will users be able to also create a custom trading pair as soon after\nthis is live or will trading be limited to the asset pairs you will be\nproviding?<\/em><\/p>\n\n\n\n

Luke: <\/strong>We will\nfirst be launching the ETH\/BNB, BUSD\/BNB, CAKE\/BNB and of course, BOG\/BNB pairs\non our platform. We’re only limiting it initially so we can monitor performance\nto begin with, we will then be expanding it further with the ultimate goal to\nallow any token to be traded on our platform. As for custom pairs, they will be\nlast, but it shouldn’t actually be too long. We hope to have every pair\ntradable within a month.<\/p>\n\n\n\n

Q7 from Telegram User @Raisbelys<\/strong><\/p>\n\n\n\n

They say that currently, the token charges a 4.5% fee on transactions to reward liquidity providers. But this is not a really high percentage (%) for users? Don\u2019t they consider that the percentage given to liquidity providers is a lot?<\/em><\/p>\n\n\n\n

John BogTools.io: <\/strong>They\nwill likely change their mind once they start providing liquidity themselves\n;). The medium-long term goal anyway is to reduce these fees to zero and fully\ncompensate the liquidity providers with the fees earnt from oracles and limit\norders. <\/p>\n\n\n\n

Q8 from Telegram User @wonderkit<\/strong><\/p>\n\n\n\n

How does Bog compete with the many\nnew and existing projects in the Binance smart chain and does Bog have a\npotential partner who will support Bog?<\/em><\/p>\n\n\n\n

Luke: <\/strong>We are\nuniquely positioned as we don’t have any direct competitors. For Pancakeswap\nLimit orders, we aren’t currently aware of any competitors implementing\nPancakeswap Limit Orders. For Oracles, the competitors in the space are Berry\nand Chainlink. We do not view Berry as a long-term competitor, as it is a\nsimple fork of tellor, with no apparent prospects for future development.\nChainlink is likely our actual competitor in this space, however we’re agile\nand able to deploy more modern solutions to compete with them in this space. As\nfar as we’re aware, Chainlink’s Randomness Oracle is not yet available on BSC,\nso we are the first mover in this space with ours, which is LIVE now.<\/p>\n\n\n\n

Q9 from Telegram User @Gutike95<\/strong><\/p>\n\n\n\n

You mention that “All people who\ncarry out transactions in BOG will be entitled to gas reimbursement\ntokens”, but could you really tell us how much% of gas would you reimburse?\nor will it be the full amount?<\/em><\/p>\n\n\n\n

John BogTools.io: <\/strong>We\nplan on refunding any gas that is used by transaction hooks to provide oracle\ndata, etc. The effect of this is that while the BOG transactions may be\nslightly costlier gas-wise than standard tokens you will earn gas refunds equal\nto the extra gas cost of a BOG transaction compared to a normal transaction.<\/em><\/p>\n\n\n\n

Q10 from Telegram User @Boylut<\/strong><\/p>\n\n\n\n

Asides Pancake swap,\ndo you plan launching your products on other swaps too such as Julswap and the\nlikes?<\/em><\/p>\n\n\n\n

Luke: <\/strong>Yes, our\nlong term roadmap includes launching on other swap platforms on BSC, and even\nadding automatic cross-platform arbitrage down the line. But we’ll definitely\nhave to talk more about that, when it’s closer to being launched. \ud83d\ude42<\/p>\n\n\n\n

\n\n\n\n

PART 3, QUIZ AND INFO<\/strong><\/p>\n\n\n\n

As usual, for the third part, Satoshi\nClub Team asked the chat 4 questions about BogTools. A link to a\nQuiz form was sent into the chat. Participants had 10 minutes to answer. 300$ were\ndistributed between the winners. <\/p>\n\n\n\n

For more information and future AMAs, join our Social Media\nchannels: <\/strong><\/p>\n\n\n\n

English Telegram\ngroup: https:\/\/t.me\/Satoshi_club<\/a>\n<\/p>\n\n\n\n

Russian Telegram\ngroup: https:\/\/t.me\/satoshi_club_ru<\/a>\n<\/p>\n\n\n\n

Spanish Telegram\ngroup: https:\/\/t.me\/satoshi_club_spanish<\/a>\n<\/p>\n\n\n\n

Telegram Channel:\nhttps:\/\/t.me\/satoshi_club_channel<\/a>\n<\/p>\n\n\n\n

Website: https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n

Twitter:\nhttps:\/\/twitter.com\/esatoshiclub<\/a>  <\/p>\n\n\n\n

Our Partners: <\/strong><\/p>\n\n\n\n

$BOG – BogTools & ARG Official Discussion Group: https:\/\/t.me\/bogtools<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"

Welcome to another episode of our AMA series. Today we are glad to tell you about the AMA session with our friends from BogTools. BogTools is a BEP-20 smart contract that provides decentralized on-chain oracles and code execution on the BSC blockchain. The AMA took place on March 18 and our guests were @LukeBogTools (Co-founder, […]<\/p>\n","protected":false},"author":4,"featured_media":7225,"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\/7224"}],"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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=7224"}],"version-history":[{"count":2,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/7224\/revisions"}],"predecessor-version":[{"id":7227,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/7224\/revisions\/7227"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/7225"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=7224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=7224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=7224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}