{"id":7630,"date":"2021-03-31T17:56:06","date_gmt":"2021-03-31T14:56:06","guid":{"rendered":"https:\/\/esatoshi.club\/?p=7630"},"modified":"2021-03-31T17:56:09","modified_gmt":"2021-03-31T14:56:09","slug":"centaur-x-satoshi-club-ama-recap-from-30th-march","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/03\/31\/centaur-x-satoshi-club-ama-recap-from-30th-march\/","title":{"rendered":"Centaur x Satoshi Club AMA Recap from 30th March"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Hello,\nSatoshi clubbers Another AMA took place in Satoshi Club and we would like to\nintroduce to you the AMA session with our friends from Centaur and our guest\nwas @james_cntr &#8211; Co-Founder of Centaur. The AMA took place on 30 March.<\/p>\n\n\n\n<p>The\nAMA session was divided into 3 parts with a total crypto reward pool of 1000$ <\/p>\n\n\n\n<p>In\nthis AMA Recap we will try to summarise the most interesting points for you.<\/p>\n\n\n\n<h2><strong>Part\n1 \u2014 introduction and questions from the Telegram community<\/strong><strong><\/strong><\/h2>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Hello,\ndear community! We are pleased to announce AMA with Centaur!<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> and\nour guest &#8211; @james_cntr &#8211; Co-Founder of Centaur! welcome! good to see you in\nSatoshi Club!<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> Hey!\nPleased to be here<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> &nbsp;Hello and welcome to Satoshi Club,\n@james_cntr!<\/p>\n\n\n\n<p>We\nare very excited about the upcoming AMA&#x1f60a;&#x1f680;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> yes\nwe are &#x1f603;<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> I&#8217;m\njust as excited to share with you more about Centaur!<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Let&#8217;s\nstart!<\/p>\n\n\n\n<p>Introduce\nyoureself. How did you get to be involved in crypto &amp; Centaur?<\/p>\n\n\n\n<p>It&#8217;s\nalways interesting. How people get into this amazing crypto world&#x1f601;<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> I&#8217;ve\nactually been an entrepreneur for more than a decade and came across a few tech\ncompanies specialising in blockchain. After reading up more into it, I really\nbelieved in the technology and started working on ProDeFi (before we rebranded\nto Centaur) back in 2019, together with my Co-Founders Sean and Dhanraj. Our\nvision was to bridge the gap between CeFi and DeFi by leveraging on the\nstrengths of both aspects and building new and unique solutions in the space!<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> cool!\nbridge between CeFi and DeFi this is sounds very interesting &#x1f60a;<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> That\nsounds good<\/p>\n\n\n\n<p>What\nis the essence of Centaur?<\/p>\n\n\n\n<p>By\nthe way, why did you decide to rebrand?<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> When\nwe first came up with the name ProDeFi, the term &#8220;DeFi&#8221; had not\nreally caught on yet. But in the middle of 2020, it exploded in popularity as\nwe are all aware and afterwards, we decided to rebrand to Centaur as we felt\nthat it encapsulates our hybrid approach to DeFi<\/p>\n\n\n\n<p>At\nits core, Centaur&#8217;s goal is to bridge that gap and encourage larger scale\nadoption of blockchain technology, whether it be from institutional or retail\ninvestors. We&#8217;re building up a suite of products that would be able to service\nboth markets and support the blockchain ecosystem!<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club: <\/strong>What\nplans do you have for the future? And what can we expect from Centaur?<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> So\ncurrently, we are about to launch three major products:<\/p>\n\n\n\n<p>31st\nMarch (TOMORROW) <\/p>\n\n\n\n<p>Hadar\nWallet, a multi-asset, multi-address, multi-purpose wallet that is built for\nDeFi integrations<\/p>\n\n\n\n<p>14th\nApril<\/p>\n\n\n\n<p>Centaur\nSwap, a next-generation AMM that utilises oracles to allow for single-side\nstaking, IL mitigation and cross-pairing, while preventing oracle frontrun\nattacks<\/p>\n\n\n\n<p>28th\nApril<\/p>\n\n\n\n<p>Centaur\nChain, our mainnet that will support cross chain transactions and settlements\nwhile providing a backbone for enterprise users.<\/p>\n\n\n\n<p>These\nproducts are meant to strike a balance between retail and institutional\nonboarding<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> This\nname really has a deep meaning, besides, it is beautiful&#8230; Constellation of\nthe centaur&#8230; symbolic&#8230;&#x1f44d;<\/p>\n\n\n\n<p>Thank\nyou very much for the great intro! Ready for community questions?&#x1f680;<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> Yeap!<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> &#x1f680;&#x1f680;&#x1f680;<\/p>\n\n\n\n<p><strong><em>Q1\nfrom Telegram user @NataliyaKil<\/em><\/strong><\/p>\n\n\n\n<p><strong>You\nhave announced the launch of the Hadar wallet. The wallet will be available for\ndownload on the Google Playstore on 31st March 2021. How will a new user\nregister in the app? And what methods of user authorization and data protection\nwill be used: e-mail address, SMS message to the phone, biometric data or\nsecret phrase?<\/strong><\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> Great\nquestion! One key difference is that we are working on a email + password\nauthentication structure and the seed phrase is generated locally on the device\nso the user does not have to copy it out. The seed would then be encrypted by\nthe password before it is stored on the cloud which ensures that it is secured\nand nobody else can access it, while still allowing synchronization across\nvarious devices. For security, we have enabled Google Auth 2FA and SMS\nverification, with plans to include biometrics too. Users would also be able to\nindividually export their private keys if they want to store it elsewhere.<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> awesome!\ni wanted ask you about the private keys, but you already gave an answer &#x1f604;<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> Hahaha,\nsecurity is definitely the highest priority for us!<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> how\nmany cryptocurrencies will be supported by your wallet?<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club: <\/strong>Do\nyour users need to pass KYC?<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong>We\ncurrently support Bitcoin, Ethereum and all ERC20 custom tokens. We plan to\nonboard more chains in the near future!<\/p>\n\n\n\n<p>No\nKYC is required as the wallet is non-custodial in nature, we will not store any\nof your personal details &#x1f44d;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> &#x1f44d; i suppose it would be BSC tokens &#x1f609;<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Good\nnews. &#x1f609;<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> That&#8217;s\ndefinitely on the list!<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Can\nwe proceed. Or you want to add something?<\/p>\n\n\n\n<p><strong>James\n| Centaur: <\/strong>Lets\nmove on to the next question!<\/p>\n\n\n\n<p><strong><em>Q2\nfrom Telegram user @mctrho<\/em><\/strong><\/p>\n\n\n\n<p><strong>According\nto the project roadmap, in Q2 you will launch the Integration of Cross-chain\nTransactions and the Integration of SEA Entities. Can you talk a bit about\nthese advances? What benefits can it bring to the project and the community?\nCan you explain in more detail what the Integration of SEA Entities consists\nof?<\/strong><\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> So\nwe&#8217;ve been in talks with a few different enterprise partners in the Southeast\nAsian region. These partners are mostly fintech companies that are keen to\nleverage on the benefits of blockchain technology and we are exploring certain\nangles on how we can add DeFi technologies and methodologies to better service\ntheir users too.<\/p>\n\n\n\n<p>Of\ncourse, the primary focus areas would be capital optimisation through crypto\nplatforms (such as yield farming solutions) but we&#8217;re also exploring remittance\nand peer-to-peer payments to see how they can be implemented<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> these\nare very popular destinations today. I think you are in trend. &#x1f680;<\/p>\n\n\n\n<p>By\nthe way, please share your complete roadmap with us.&#x1f64f;<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> For\nthe roadmap, we&#8217;re primarily focusing on both the decentralised and centralised\naspects concurrently. As you can see from the product launches, the bulk of it\nare very blockchain centric, with the Hadar wallet, AMM and mainnet coming up.\nOnce they are deployed, we&#8217;ll focus on upgrading them to improve the services.\nThis would mean adding more chains and features to Hadar and to support more\ntokens or protocols for Centaur Swap.<\/p>\n\n\n\n<p>On\nthe CeFi side, the roadmap is more contingent on the business development\naspects. As you may be aware, traditional markets move at a slower pace (or\nrather, the crypto industry moves at a very fast pace) and certain discussions\nrequire much more time and pilot testing before they can be rolled out.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> https:\/\/cntr.finance\/#roadmap<\/p>\n\n\n\n<p>absolutely\nright! thank you very much for your answer! ready for the next question? &#x1f642;<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> Yeap!<\/p>\n\n\n\n<p><strong><em>Q3\nfrom Telegram user @meml97<\/em><\/strong><\/p>\n\n\n\n<p><strong>On\nyou whitepaper you said that Centaur proposes a DeFi solution with centralized\nelements with the ultimate aim of moving towards a fully decentralized model.\nSo, with this in mind, what solution do you plan to bring to the table, and\nwhat centralized elements do you want to incorporate on Centaur to reach this\ngoal of yours? How will centralized elements help you on this purpose? Also,\ncould you please explain me how would a project with centralized elements move\ntowards a fully decentralized model? Because that is something that I don\u2019t\nreally understand and I would like to.<\/strong><\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> very\npopular question, i think you faced this question many times in different forms\n&#x1f604;<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> Yeah\nthis is something that crops up pretty often haha. I think most people are\nconcerned about how centralised solutions can be applied while still having a\ncore ethos of decentralisation in place. However, a significant portion of\nblockchain history involves centralised intervention. Even Ethereum had to\nperform a reorganization after the DAO hack and Bsc is also quite centralised\nat present. Ultimately, our goal is to use some aspects of centralisation to\ncomplement the DeFi parts of our solutions.<\/p>\n\n\n\n<p>Take\nCentaur Swap for example, the platform is fully powered by smart contracts and\nopen sourced, and users can freely trade and add liquidity to the pools.\nHowever, the listing process will have to be centralised at the start as there\nare certain criteria that have to be met (oracle price feeds would be one\nrequirement). In time, we plan to transition the listing decisions to a DAO,\nwhich helps to gradually turn it into a more decentralised platform.<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> got\nit! so you trying to combine the best of both worlds &#8211; CeFi and DeFi &#x1f607;<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> That&#8217;s\nexactly it!<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club: <\/strong>thank\nyou for the good clarification! &#x1f44d; ready for the next question?<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> Lets\ndo it!<\/p>\n\n\n\n<p><strong><em>Q4\nfrom Telegram user @Beterror203<\/em><\/strong><\/p>\n\n\n\n<p><strong>How\nthe decentralized network of Oracles works in different contracts that have or\nintegrate different chains to channel transactions and preserve\ninteroperability since in this face it is the most important for me since an\nerror in time would be a threat to the ecosystem since can collapse how do you\navoid that?<\/strong><\/p>\n\n\n\n<p><strong>James\n| Centaur: <\/strong>I&#8217;m\nsorry can you rephrase that &#x1f605;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> haha\ni thought you will understand this &#x1f604; maybe he wants to know about your\noracles model? &#x1f937;&#x200d;<\/p>\n\n\n\n<p>i\nthought it was a good technical question &#x1f923;<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> Hmnn\nokay I think I&#8217;ll take this chance to explain how we prevent oracle\nfront-running on Centaur Swap. Our AMM uses an execution-and-settlement model,\nmeaning that when you first click on swap, it locks the price and starts a\nshort countdown timer (3mins currently). After 3 mins, you can click on\nsettlement to receive the tokens. If the price increased in that time, the\nextra tokens due to the price increase are forfeited but if the price goes\ndown, your original rate will still be retained. This settlement process\nprevents people from frontrunning the oracle price updates and entering large\ntrades before major pumps.<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> thank\nyou for the detailed answer! if you are ready we can proceed to the next question?<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> Yeah\nsure!<\/p>\n\n\n\n<p><strong><em>Q5\nfrom Telegram user @MaxiVV<\/em><\/strong><\/p>\n\n\n\n<p><strong>I\nread that Centaur has received support from numerous partners to accelerate the\ngrowth and development of the project. The first group of partners are those\nwho hold licenses in various jurisdictions. What kind of licenses would\ninterest you in the future partners? What is the aim of this till now?<\/strong><\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> Yeap\nwe have access to licenses in the UK\/EU region primarily and for now, we&#8217;re\nfocusing our efforts towards increasing access in the SEA region as there&#8217;s a\nvery large and serviceable market here that lacks access to banking and\nfinancial infrastructure.<\/p>\n\n\n\n<p>With\nthe right support, we hope to be able to change that!<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club: <\/strong>thank\nyou! @GoldRocket27 do you have any additional questions? or we can proceed to\nthe next question? &#x1f440;<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> I&#8217;m\nready for the next one if Gold is good!<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> what\nbenefits do you plan to get from your partnerships?<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> For\nnow, we&#8217;re looking for more established players in the fintech space who would\nbe able to help us gain access to the emerging markets there and assist on user\nonboarding, as that is the primary choke for real-world adoption.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> I\nsaw quite well-known names on your website. would you like to share with us?<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> Sure!\nWe&#8217;ve been working with quite a few of our partners on cross platform\nintegrations. Recently, one of the deeper partnerships was with Open Defi and\nthe Unifarm initiative. Further back, we did a stakedrop program together with\nElrond and we have plans to work with them on a deeper level in the near\nfuture. We&#8217;ve also had the pleasant opportunity to work with Chainlink for our\npublic sale and might be doing more with them in the coming weeks. Lastly,\nthere&#8217;s actually a partnership announcement going out in a few minutes\nregarding out newest partner who will be supporting us on infrastructure for Hadar!<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Hope\nSatoshi Club is the first to hear this amazing news. &#x1f64f;&#x1f609;<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> Apart\nfrom the two teams, Satoshi Club is definitely the first to hear about it!<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Thank\nyou very much for your reply! &#x1f60a; Ready to proceed to the last\nquestion of this part?&#x1f680;<\/p>\n\n\n\n<p><strong>James\n| Centaur: <\/strong>Yeap!<\/p>\n\n\n\n<p><strong><em>Q6\nfrom Telegram user @victorogb<\/em><\/strong><\/p>\n\n\n\n<p><strong>For\nyour Asset Management service, it\u2019s stated that investors can vote on the fund\nstructure through the Centaur contract and verify the breakdown of funds across\nthe various protocols. At what stage is an investor eligible to have such\nprivileges, are there existing prerequisite to guarantee such or it\u2019s just a\ngeneral consensus and how is the voting process carried out via the Centaur\ncontract?<\/strong><\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> This\nis going to utilise a combination of transparency and current DAO structures.\nThe investments and wallets will all be publicly announced so investors can\ntrack and verify the movement of funds. For voting, we&#8217;re exploring different\nmechanism and looking in to how current DAOs are designed but it will most\nlikely utilise general consensus for simplicity<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong>Great\nanswer!<\/p>\n\n\n\n<p>Finally\ncould you remind us again&nbsp; about your\nupcoming product launches?<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> For\nsure! Here are the three upcoming products!<\/p>\n\n\n\n<p>31st\nMarch (TOMORROW) <\/p>\n\n\n\n<p>Hadar\nWallet, a multi-asset, multi-address, multi-purpose wallet that is built for\nDeFi integrations<\/p>\n\n\n\n<p>14th\nApril<\/p>\n\n\n\n<p>Centaur\nSwap, a next-generation AMM that utilises oracles to allow for single-side\nstaking, IL mitigation and cross-pairing, while preventing oracle frontrun\nattacks<\/p>\n\n\n\n<p>28th\nApril<\/p>\n\n\n\n<p>Centaur\nChain, our mainnet that will support cross chain transactions and settlements\nwhile providing a backbone for enterprise users.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Satoshi\nClubbers! pay attention to these events!!!&#x1f680;&#x1f680;&#x1f680;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> Q2\nwill start in good and productive pace!&nbsp; &#x1f4aa;<\/p>\n\n\n\n<p>@James_CNTR\nbig thank you for answers in part 1! we will open chat for 2 minutes, after\nchat will be closed &#8211; you can start select questions from Satoshi \u0421lub members!<\/p>\n\n\n\n<p><strong>James\n| Centaur:<\/strong> Ready!<\/p>\n\n\n\n<h2><strong>Part 2 \u2014\nlive questions from the Telegram community<\/strong><\/h2>\n\n\n\n<p><a><strong><em>Q1 from Telegram user @highpee<\/em><\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<p><strong>Since the HADER WALLET\nseed phrase will be encrypted with users email\/password in the cloud, does it\nmean it will be impossible to import the asset in this wallet to other\nnon-custodial wallet like metamask or trustwallet since they do not have\nemail\/password feature? Won&#8217;t it be possible to import or synchronise this\nwallet across other devices? <\/strong><\/p>\n\n\n\n<p><strong>James | Centaur:<\/strong> Hey! In order to import your assets, you&#8217;ll have to\nexport either the private key or seed phrases and add them to the other wallets\nlike metamask or trustwallet. I think this is the common industry practice so\nfar, as platforms like Hadar and Metamask do not store the private keys for the\nusers due to security implications.<\/p>\n\n\n\n<p><strong><em>Q2 from Telegram user @Nataliyakil<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>In the near future you\nare planning to launch several products: Centaur Wallet &#8211; 31st March 2021,\nCentaur LP (Swap) &#8211; 14th April 2021 and Centaur Chain &#8211; 28th April 2021. What\nis the most significant event, in your opinion, for Centaur?<\/strong><\/p>\n\n\n\n<p><strong>James | Centaur:<\/strong> All three projects are equally significant but I think\nthe platform that may be the most familiar to investors and users in the DeFi\nspace would be Centaur Swap. Our team has worked very hard on it and we have\nmany new innovations added to the current DEXes as enhancements and upgrades.\nThis whitepaper&nbsp; (http:\/\/docs.cntr.finance\/)goes\nthrough in detail some of the improvements we have added!<\/p>\n\n\n\n<p><strong><em>Q3 from Telegram user @Antoni_azx<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>I followed up on previous\nstatements made by your team and I could see that you will be focusing on $\nBTC, $ ETH and $ ERC-20 assets at the moment, can you tell us the reasons for\nworking with these chains first? Why not include BSC which could be much more\nbeneficial in relation to fees?<\/strong><\/p>\n\n\n\n<p><strong>James | Centaur:<\/strong> BSC is definitely something we would work towards\nonboarding but we wanted to focus much more on the Ethereum ecosystem because\nthat is where the bulk of the DeFi activity is taking place and the protocol is\nalso much more stable.<\/p>\n\n\n\n<p><strong><em>Q4 from Telegram user @AmirJosh<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>Centaur will launch its\nHadar mobile app wallet on March 31, 2021. And user registration on the Hadar\nmobile app is done through email and password. Is there any possibility that\nusers can have access with their wallet addressess private keys for safekeeping\nif ever there is an event that your app might be down or cannot be access?<\/strong><\/p>\n\n\n\n<p><strong>James | Centaur:<\/strong> Yes, the private key and seed phrases can be exported\nand stored separately. They are also compatible with all other wallet providers\nand can be imported in seamlessly. This means that your funds are secured even\nif the servers go down or the app is inaccessible,<\/p>\n\n\n\n<p><strong><em>Q5 from Telegram user @Alika061<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>Staking, Farming and NFT\nare things that are arguably progressing, is there a plan for you to include\nproducts in $CNTR tokens for staking or maybe #Centaur will create NFTs to\nexpand the community?<\/strong><\/p>\n\n\n\n<p><strong>James | Centaur:<\/strong> Staking and farming are supported by the upcoming\nlaunch of Centaur Swap! We&#8217;ve got some new and innovative models we&#8217;re working\non and we&#8217;ll share more about it in the coming days. Do stay tuned to @CNTR_ANN\nand @OfficialCentaur to find out more!<\/p>\n\n\n\n<p><strong><em>Q6 from Telegram user @MihaiPisica<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>Hello Sir @James_CNTR<\/strong><\/p>\n\n\n\n<p><strong>I&#8217;m looking at your site,\nthere are a lot of cool features and user-friendly design. Accessing your\nRoadmap, I don&#8217;t see anywhere something about Audit. In case of a hack-attack,\ndo you cover assets loss due to your smart contract attack? How can you assure\nus about security risks such as flash loans, token mining and price oracle\nmanipulation attacks? Is there that your testnet can harm some modifications to\nthe code?<\/strong><\/p>\n\n\n\n<p><strong>James | Centaur:<\/strong> All our codes are audited by both internal and\nexternal auditors. We have two separate dev teams who build our products and\ncross audit the work internally, after which we engage third party auditors to\nverify the security of the platforms. We have been working closely with Red4Sec\nin the past for our Token Contract and Staking programs!<\/p>\n\n\n\n<p><strong><em>Q7 from Telegram user @snewe10<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>At the moment , where you\nare focusing right now ? building and developing product or getting customers\nand users, or partnerships ? Could you share it?<\/strong><\/p>\n\n\n\n<p><strong>James | Centaur:<\/strong> We have been laser-focused on product development as\nwe believe that it is core to our company. Along the way, we do meet strong\npartners (as I shared earlier) and we&#8217;re always keen to work with likeminded\nprojects. We&#8217;ve just announced our collaboration with Pocket (POKT)\n(https:\/\/t.me\/OfficialCentaur\/67811) as we are working together on an infra\nlevel for Hadar!<\/p>\n\n\n\n<p><strong><em>Q8 from Telegram user @realtrizmalli<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>How can we investors be\nsure that this will not be similar to other projects that were making waves but\nsuddenly disappeared into thin air, are your contracts public and somewhere we\ncan see?<\/strong><\/p>\n\n\n\n<p><strong>James | Centaur:<\/strong> Our contracts are all verified on Etherscan and\naudited by third parties. We have also covered this topic extensively with our\ncommunity as the $CNTR token contract is not mintable and does not utilise a\nproxy.<\/p>\n\n\n\n<p><strong><em>Q9 from Telegram user @Bogotas<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>Southeast Asia is a very\nactive market and many projects are being developed here. So for your project,\nhow do you view Southeast Asia and what development plans are there?<\/strong><\/p>\n\n\n\n<p><strong>James | Centaur:<\/strong> Our core team is based in Singapore so are definitely\nable to leverage on our networks to break into the Southeast Asian market.\nWe&#8217;ve also had the opportunity to work with different projects and many\nlikeminded people here who are working towards similar goals. For now, we&#8217;re\nlooking to expand into the neighboring regions such as Indonesia and Malaysia!<\/p>\n\n\n\n<p><strong><em>Q10 from Telegram user @NataliyaKil<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>In an article in Medium\non March 22nd, you announced that the LP mining rewards for Uniswap CNTR-ETH\npool will be reduced from 200,000 to 100,000 effective today, 22nd March 2020.\nDate is correct, maybe 2021?<\/strong><\/p>\n\n\n\n<p><strong>&nbsp;Why was the decision made to lower the awards\nand how is the situation today?<\/strong><\/p>\n\n\n\n<p><strong>James | Centaur:<\/strong> This was a recent decision we made in order to lower\nthe rate of inflation for CNTR. Initially, the rewards were 200,000 weekly&nbsp; which was about $2,000 to $2,500. However, we\nhave seen very favorable price action in the past few months and had to adjust\nthe rates. This means that LPs will still earn similar rewards while the rest\nof the ecosystem benefits from less value dilution.<\/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><\/p>\n\n\n\n<p>Telegram: <a href=\"https:\/\/t.me\/OfficialCentaur\/\">https:\/\/t.me\/OfficialCentaur\/<\/a> <\/p>\n\n\n\n<p>Twitter: <a href=\"https:\/\/twitter.com\/OfficialCentaur\/\">https:\/\/twitter.com\/OfficialCentaur\/<\/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 Centaur and our guest was @james_cntr &#8211; Co-Founder of Centaur. The AMA took place on 30 March. The AMA session was divided into 3 parts with a total crypto reward [&hellip;]<\/p>\n","protected":false},"author":66,"featured_media":7382,"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\/7630"}],"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=7630"}],"version-history":[{"count":1,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/7630\/revisions"}],"predecessor-version":[{"id":7631,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/7630\/revisions\/7631"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/7382"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=7630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=7630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=7630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}