Gold Rocket | Satoshi Club: <\/strong>Hello, dear community! We are\npleased to announce AMA with xBTC.<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Hello dear community, welcome to\nanother AMA session. Our guest today is @socapceo<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Hello and welcome to Satoshi Club,\n@socapceo!<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Hey all thanks for having me!<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Thanks for joining😊 We’ve heard a lot about your project. and we\nwill be glad if you introduce it to us better🚀<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Yes, we would like to know more\nabout you😃<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Let’s start!<\/p>\n\n\n\n Introduce\nyoureself please. How did you get to be involved in crypto & xBTC?<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>We are a rebasing token that rebases to bitcoin\ndominance, creating a decentralized synthetic derivative that can be used to\ntrade bitcoin dominance on the open market in an uncensorable self custodial\nformat. We are the first project to:<\/p>\n\n\n\n 1. Do an\ninitial dex offering partnership with 1inch<\/p>\n\n\n\n 2. Rebase\nto a novel non-price oracle (we worked directly with Tellor and then chainlink\nto develop oracles from scratch) <\/p>\n\n\n\n 3. Create a\nsynthetic derivative like instrument based around an asset that isn\u2019t tradable\nnormally (bitcoin dominance)<\/p>\n\n\n\n 4. create a\ncross chain bridge of shared supply with a rebasing token on BSC. We will\nactually be the first multichain rebasing token I know of both the BSC and ERC\nversion will be fully functioning: rebasing on their own, but through a novel\nbridge they will be directly connected.<\/p>\n\n\n\n We also\njust launched partnerships with ApeSwap and Beefy with over a million in\nliquidity farming rewards!<\/p>\n\n\n\n I started\nworking with different crypto projects in June 2020, but have been a holder and\nevangelist of crypto since 2012 or so. I first got involved through online chat\nforums.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>this is a very popular segment of\nthe crypto market. you are in trend👏👏👏<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Could you explain the concept of\nrebase token?<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Yes and we are leading the way in two novel\nareas: cross chain implementation and rebasing to a more novel oracle that\ncreates dynamics more inline with digital assets.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Wow! You have a very impressive\njourney into crypto<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>We use supply changes to track a number. The\nbiggest example is ampleforth that tracks one dollar. We, instead, track\nbitcoin dominance xBTC will always trend towards having a price that is equal\nwith bitcoin dominance. This is done by increasing supply or decreasing supply.\nEveryone\u2019s supply across the entire ecosystem changes each day depending on the\nrebase. This creates a synthetic that is more decentralized and open market\nthan traditional platforms where you need to provide collateral or use their\nspecial interface<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Thank you, crearly explained<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>The supply changes just happen automatically\nand your wallet either increases stays the same or decreases in supply\ndepending on if xBTC spot price is above equal to or below bitcoin dominance\nrespectively<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>I really like your ambitious goals.\nAnd also a very clear implementation! It’s very professional.<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>🙏 thanks so much!<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Thanks for the introduction. Well,\nwe have collected some community questions, ready to proceed?😃<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Let\u2019s do it!<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Thank you very much for the great\nintro! ❤️<\/p>\n\n\n\n Q1\nfrom Telegram User @yellowchamp<\/em><\/strong><\/p>\n\n\n\n xBTC\nintroduces a brand new type of hedge, the Dominance Hedge. This is much more\nadaptive and responsive than a simple price hedge. Instead of tracking price\nyou track how well Bitcoin keeps up with the breakneck pace of all other\nblockchain technologies. So with the Dominance Hedge that being used by your\nplatform,what better impacts that it gives to users and traders of xBTC ? How\nit will affect the decision-making of users with regards to trading? With the\nvolatility of market,how will xBTC Dominance Hedge adopts the bullish and\nbearish run of the market? Thank you<\/em><\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Ha! I see someone read the whitepaper. As\nbitcoin dominance falls and all the other alt coins become more popular and\nfind more users, the Price we are tracking goes lower and lower which should\nforce more frequent and larger positive rebases, which are historically good\nfor rebasing tokens. So even if bitcoin Price goes up its dominance could still\nfall if it doesn\u2019t keep up with the rest of the digital assets, a holder of\nxBTC could benefit from this because of those positive bases. In a bearish\nscenario, which for us would be bitcoin dominance rising, our token would\nlikely suffer because positive rebases are harder to create. But in that\nscenario likely many altcoins would be suffering. We are a bet on altcoins\ndominating bitcoin, if that isn\u2019t happening… that\u2019s not good for us. But\nlet\u2019s say bitcoin dominance surged to 95% it would likely be gearing up for a\nhuge drop, which would be good for us. That middle part where it surges from\n40% to 90% would be bearish for us though, and many altcoins<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Do you have xETH token, or do you\nonly manage xBTC?<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Only xBTC. xETH was a different token that\ntracked Ethereum price. There was another one that tracked bitcoin price. We\ndon\u2019t find these very interesting because if you want to get access to those\nprices just buy the asset. Also those numbers will likely trend up which is bad\nfor rebases. But if you want to access bitcoin dominance we are one of the only\nways to access a spot price on that.<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Actually the only way that we know of<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>So, what is the better way to buy\nxBTC?<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Uniswap and apeswap are the easiest ways we are\nalso on bittrex global as WXBTC which is a wrapped version of xBTC that you can\nalways unwrap for the underlying xBTC. We are also the first rebasing token to\nlist a wrapped version on a centralized exchange, and we were excited to get\nsuch a high-quality exchange as bittrex global<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Congrats 🥳<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Thank you! great answer! do you want\nto add something?<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Or can we jump to the next question?<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Nope good to go!<\/p>\n\n\n\n Q2\nfrom Telegram User @Antoni_azx<\/em><\/strong><\/p>\n\n\n\n On your\nwhitepaper you mention that it\u2019s a believe of xBTC that the highest value use\ncases for blockchain technologies are found in the many digital assets beyond\nBitcoin. Bitcoin has proven to be the most solid investment plan in the last\nyears, even many governments are starting to invest on it, why is xBTC leading\nthis campaign in favor of other blockchain assets and not Bitcoin?<\/em><\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Because we think defi, healthcare, insurance,\nbanking, gaming, video, and social networks all combined are a bigger use case\nthan \u201cdigital gold\u201d. Bitcoin is important and led the way. It will continue to\nperform well. But reimagining, decentralizing, and improving all those listed\nthings are the bigger addressable market and we are excited to see all that is\ncreated. We do foresee ETH flipping btc and already see many big institutions\nstarting to be more on ETH.<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Then, what are the main benefits for\nlong term holders of xBTC?<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>The dropping of bitcoin dominance which trends\nus towards more frequent and larger positive rebases. Also as the metric of\ndominance becomes more known and used you can always use xBTC to access a spot\nprice on bitcoin dominance which people could want to use in speculating on\nfuture movements of bitcoin dominance.<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Great concept, it could helps to\nexplore new use cases of BTC, don’t you think? Btw, thanks for the\nclarification, ready to proceed with the next question?<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Yes definitely I think there is already one:\nusing it in defi as collateral or to get interest. Speculating on its dominance\nis one use we provide. They could do other uses like smart contracts on\nbitcoin, but I highly doubt that will happen. Let\u2019s do it<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Thank you so much! this is a real\nadvantage xBTC!<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Completely agree!<\/p>\n\n\n\n Q3\nfrom Telegram user @Arisabela<\/em><\/strong><\/p>\n\n\n\n One of\nthe ways for your holders to passively receive income is by minting their\nliquidity pool tokens directly on your platform, this can sound very convenient\nbut isn\u2019t there small letters? Is there any risk associated to this option?<\/em><\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Yes there are things to keep in mind, all LP\nholders anywhere can suffer impermanent loss but rebasing tokens fix some of\nthis because their price doesn’t change as much. Also you are exposed to the\nprice movements of xBTC, ETH (on Ethereum), and BNB (on BSC), so as those three\nprices move you get the up or down of that. On ETH you are getting over 400%\nAPY and on BSC over 6000% APY (by using Beefy), so these returns can offset\nthose risks. Providing liquidity is essential to the ecosystem and that is why\nwe focus our ecosystem incentives on it, it helps the entire community<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Wow! Very cool APY😍<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>So, how to create our own pool? how\nmany tokens are needed?<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>As little or as much as you want! There is no\nminimum! Just stake liqudity on ApeSwap.finance then put it in the farm on\nApeSwap or into Beefy.Finance<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Oh that’s great<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>You can also stake BTC on Beefy.finance right\nnow and earn xBTC-BNB LP tokens, a very cool use case of BTC!<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>What would be the APR in this case?<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>You can go here and scroll to bxBTC-BNB LP and\nclick add liquidity, or click on the BeltBTC tab to add BTC: https:\/\/app.beefy.finance\/<\/a><\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>A lot of ways to earn passive\nincomes, a great option for hodlers 💪<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Current APY on BTC is 29% with OVER 35 MILLION DOLLARS farming (lol I literally just saw that, that’s crazy) and APY on bxBTC-BNB LP tokens is 6,550% right now. These APYs can change as more people enter the pool.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Thanks for sharing!<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Apeswap has been an amazing partner, they’re\nsuper quick, agile, innovative and have a great community. Beefy is all the\nsame and also have over 680 million in TVL and are listed on Binance. We are in\nreally great company on BSC and have found great partners who love our concept\nand find it to be really interesting and innovative!<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Congratulations, you are building a\ngreat ecosystem with them<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>ApeSwap has over 472 million in TVL and a\nfraction of the market cap of Pancake Swap, great time to be finding ApeSwap if\nyou haven’t seen them, one thing better than pancakes, banana pancakes!<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>definitely! 😊<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>We have heard a lot about ApeSwap,\nis trending topic I think. Btw, time to proceed with the 4th question, ready to\ngo?<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Great project great team!<\/p>\n\n\n\n Q4\nfrom Telegram User @Jonahapagu<\/em><\/strong><\/p>\n\n\n\n xBTC\nlaunched a Protocol called Mint Protocol. The Mint protocol was meant to align\nthe community\u2019s incentives with the project\u2019s incentives. It is also meant to\nreward users for supporting xBTC\u2019s ecosystem\u2026 so how does this Mint protocol\nwork, and how can users benefit and get rewards from this protocol..<\/em><\/p>\n\n\n\n Mark Sgambelluri: <\/strong>You can provide liquidity on Uniswap V2 with\nxBTC and ETH, then stake those LP tokens in mint.xbtc.fi you are providing a\nservice to the ecosystem by providing liquidity and locking up xBTC supply, to\nreward this you earn xBTC<\/p>\n\n\n\n This is currently providing 434% APY<\/p>\n\n\n\n there is\nalso a how to here bit.ly\/minthowto<\/a><\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Btw, could you share with us your\ntokenomics? how is the token distribution of xBTC?<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>10% TEAM<\/p>\n\n\n\n 5%\nMARKETING\/PARTNERSHIPS<\/p>\n\n\n\n 10%\nLIQUIDITY<\/p>\n\n\n\n 40%\nECOSYSTEM<\/p>\n\n\n\n 35% PUBLIC\nLAUNCH<\/p>\n\n\n\n We’re especially proud of this distribution with only 15% going to team and partners, when you look at projects like Ampleforth that kept 70% for team and partners and only had a public launch of 10%. You can read more on our comparison to Ampleforth here: https:\/\/medium.com\/@Social.Capital\/xbtc-an-evolution-of-ampleforth-584784d69537<\/a><\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>We also would like to know more\nabout your team. Who is the core of the team xBTC?<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>You can see the full team at xbtc.fi our main\ncore is five guys: CEO, COO, CMO, Creative lead, CTO. All of us come with years\nof experience and multiple projects we have supported in the space. You can\nread each of our bios in our whitepaper also found at xBTC.fi<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Satoshiclubbers let’s check the\nwebsite<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>We are all non-anonymous and have founded the\nproject in a way to be as compliant as possible even getting some legal\nopinions along the way to be listed on places like Bittrex Global that have a\nhigh bar for entry<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>For sure, that is a great milestone<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>\u0422hanks a lot for the answers. And\nyour openness. Please tell us, do you have audit? Or perhaps in the plans?<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>We are fully audited and passed with flying\ncolors! Our CTO also worked backend and compliance at a CEX and taught computer\nscience in university at Sweden, so we are in good hands security wise! We have\na running partnership with Zokyo to ensure our safety.\nhttps:\/\/xbtc.fi\/xBTC-Token-SC-Audit.pdf<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Well done👏<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Thanks for share those important\ndetails with us. Time to go with the next question, would you like to add\nsomething else?<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>I never tire of admiring you 👏👏👏😁<\/p>\n\n\n\n Q5\nfrom Telegram user @Ajpaa<\/em><\/strong><\/p>\n\n\n\n one key\ndifference between xBTC and AMPL stated in your medium article is that AMPL is\na pegged currency, xBTC is a pegged synthetic derivative-like asset. AMPL pegs\ntheir price to a dollar, creating a pegged currency while xBTC peg price to a\nnovel oracle. What is novel oracle? What is the uniqueness it has brought to\nxBTC and the advantages users of xBTC stand to enjoy.<\/em><\/p>\n\n\n\n Mark Sgambelluri: <\/strong>The novel oracle is Bitcoin Dominance, this\nwasn’t a number you could just instantly peg to, as there isn’t necessarily an\nagreed upon measure of it (do you measure the top 100 tokens, top 1,000, what\ntokens do you include?). We worked directly with Tellor and then Chainlink to\ndevelop oracles from scratch using multiple data points to get the most\naccurate of bitcoin dominance we could get. With Ampleforth you can access a\nsynthetic 2019 CPI adjusted $1 bill, but you could also access a one dollar\nbill with DAI, USDC, USDT, etc. Sure the 2019 CPI adjusted one is slightly more\nuseful. But with xBTC you are accessing synthetic Bitcoin Dominance. This is a\nnumber you can’t access or trade anywhere (that we know of, though I’m sure as\nwe get more popular people will copy it on centralized exchanges and synthetic\nplatforms, but they won’t be decentralized, open market, or fully synthetic\nlike we are). That’s the uniqueness of xBTC. On the other side of Bitcoin\ndominance we are also tracking the dominance of EVERY SINGLE altcoin: nano,\nAAVE, Theta, ada, tron, doesn’t matter the blockchain or use case, as they\ndominate and push bitcoin dominance down it trends our peg downwards which is\ngood for positive rebases<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Very clear answer, btw, what is\ncoming for xBTC in your roadmap? what is the big coming event for this 2021?<\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Our main goal is to continue to spread in defi,\nthe more platforms we get on and the larger we grow our liquidity the more\nsemi-collateralized our token gets. As\/if BNB and ETH grow those liquidity\npools will buy up xBTC and push it up. We want to spread far and wide across\nliquidity pools and defi platforms. ApeSwap and Beefy are hopefully just the\nbeginning! Beyond that there are a few implementations we can’t build ourselves\nbut would love to see our community build like a platform to stake xBTC and\nmake a more direct bet on where bitcoin dominance will be, we have a community\ncompetition running for this right now, a dApp build off and marketing\ncompetition. https:\/\/medium.com\/@Social.Capital\/xbtc-community-competition-with-over-20-eth-in-rewards-and-a-new-job-opening-8048bdb439cd<\/a><\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Don’t forget to share coming\nannouncements with us 😃 Satoshiclubbers, let’s join the\ncompetition 🥳<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Satoshi Clubbers! do not miss your\nchance! Big thanks for such a detailed answers! 👍 Ready to proceed to the last question of this part?<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Let’s proceed 🥳<\/p>\n\n\n\n Q6\nfrom Telegram user @Ajpaa<\/em><\/strong><\/p>\n\n\n\n As\nstated on your official website, xBTC plans to have over $1 million in\nliquidity on exchanges on day one, and after a period of 12 months, instead of\nlocking or burning exchange liquidity, it will withdraw no more than 5% of\nliquidity per month. All these would be achieved as long as liquidity remains\nrelatively high, cos it will provide an option of repurposing the tokens for\nother uses. How would xBTC ensure that it is guaranteed an adequate liquidity\nto implement all these measures, what are the primary sources of it\u2019s liquidity\ngeneration, and what other uses will the tokens be employed for, if it\u2019s\nliquidity goal is met?<\/em><\/p>\n\n\n\n Mark Sgambelluri: <\/strong>We are using our ecosystem incentives solely\nfor incentivizing our community to provide liquidity, so that is our main goal,\nto keep that liquidity high. If the liquidity stays over one million and we do\npull out that 5% a month it would be used for partnerships, marketing,\nsalaries, and other expenses to keep the project going, though we haven’t used\nthat system yet. It is just there if we need it.<\/p>\n\n\n\n Q1\nfrom Telegram User @highpee<\/em><\/strong><\/p>\n\n\n\n I can see that you are the FIRST rebase to list on a CENTRALISED EXCHANGE, and I give you kudos 👍👍 for this. But am wondering, how do you make this possible? How are you able to rebalance the xBTC held in centralised wallet without seeking the permission of users?<\/em><\/p>\n\n\n\n Mark Sgambelluri: <\/strong>An exchange can rewrite their back end or order books to support a rebase token, but this is highly cost and time prohibitive. So we wrapped our token so it can it can be used in any platform on DeFi or any CEX. To do this you take your xBTC and put it in a staking contract that holds it and get back wxBTC you can use anywhere. While you use it the xBTC in the pool keeps rebasing, you can then redeem your wxBTC for xBTC at anytime and get all of the rebases either negative or positive.<\/p>\n\n\n\n Q2\nfrom Telegram User @highpee<\/em><\/strong><\/p>\n\n\n\n 3 days ago, you announced xBTC BSC integration. and also a $1 million in rewards to be issued to early users. What should a user partake in this distribution? Also, How will bxBTC\u00a0 on BSC expected to behave similar in pricing and rebasing model with the ERC-20 variant of xBTC?<\/em><\/p>\n\n\n\n Mark Sgambelluri: <\/strong>The best way is to provide liquidity on Apeswap and then put it in the Apeswap farm or on Beefy: <\/p>\n\n\n\n Apeswap https:\/\/dex.apeswap.finance\/#\/swap?inputCurrency=0xab111d5948470ba73d98d66bbdf2798fbe093546<\/a><\/p>\n\n\n\n Beefy https:\/\/app.beefy.finance\/<\/a><\/p>\n\n\n\n The ERC and BSC version both rebase and can always be converted to each other so it is one cohesive ecosystem, this type of implementation has never been done, we are the first multichain rebasing token!<\/p>\n\n\n\n Q3 from Telegram User @Kuterux<\/em><\/strong><\/p>\n\n\n\n An effective Marketing strategy is indispensable for any project. Have you determined a method to bring investors \/ users living in different countries to the ecosystem of your project and make them a permanent element of your project????👾👾👾👾👾<\/em><\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Mainly by building our ecosystem, we “shill” through building and partnerships. We do pay for other marketing but just focusing on influencers or youtubers can only go so far, we focus more on partners, ecosystem, and product. It is our hope that the community and holders become the biggest evangelists and spread our word<\/p>\n\n\n\n Q4\nfrom Telegram User @Ayammatiwaranahitam<\/em><\/strong><\/p>\n\n\n\n since when was #xBTC born? And can you tell your journey to become what it is today?<\/em><\/p>\n\n\n\n Mark Sgambelluri: <\/strong>We launched in September 2020 in a partnership with 1inch. We have completed a lot, you can find that here: https:\/\/medium.com\/@Social.Capital\/xbtc-looking-back-and-looking-forward-78d88ef17c4a<\/a> since this update we have created wxBTC, listed on Bittrex, gone cross chain, and signed multiple other partnerships! It has been quite the journey and one we are proud of!<\/p>\n\n\n\n Q5 from Telegram User @Jodasf<\/em><\/strong><\/p>\n\n\n\n Nowadays users are looking for the easiest, most efficient and secure way to generate income without so much effort, but, with such a wide market and with so many opportunities, it is often difficult to differentiate great projects from those that are not, so I would like to know, what makes xBTC a great project and how is it achieved that through this, users get great opportunities and benefits?<\/em><\/p>\n\n\n\n Mark Sgambelluri: <\/strong>I think the key is that our product is released and working. We have created an asset that creates a spot price for bitcoin dominance, period. And that is exactly what is happening, no matter what a user can always buy or sell xBTC for the amount equal to bitcoin dominance (eventually as rebases push it towards that number). So even if everything else stopped today (the partnerships, marketing, community management) the product would still continue and still work exactly as designed, that is a sign of a good project in our mind. The question is just will people use xBTC to access bitcoin dominance and how will they use it to do so, that is a question for the market by being fully synthetic, decentralized, and open market that is what we are designed for. To be at the whim of the open market, for better or worse, Ampleforth is similar and it has been for the better, other projects it has been for the worse, time will tell!<\/p>\n\n\n\n Q6\nfrom Telegram User @adaatalay<\/em><\/strong><\/p>\n\n\n\n Who are your “great partnerships” and roadmates? Can you give me a list.<\/em><\/p>\n\n\n\n Mark Sgambelluri: <\/strong>Past and present:<\/p>\n\n\n\n Tellor<\/p>\n\n\n\n 1inch<\/p>\n\n\n\n Chainlink<\/p>\n\n\n\n Bittrex Global<\/p>\n\n\n\n ApeSwap<\/p>\n\n\n\n Zokyo<\/p>\n\n\n\n 01ex<\/p>\n\n\n\n Empire Global<\/p>\n\n\n\n Buzoku<\/p>\n\n\n\n X21<\/p>\n\n\n\n Unification<\/p>\n\n\n\n Magnus Capital<\/p>\n\n\n\n Trade Dog<\/p>\n\n\n\n Jeff Kirdeikis<\/p>\n\n\n\n Sami Rusani<\/p>\n\n\n\n Lester Lim<\/p>\n\n\n\n Brian Evans<\/p>\n\n\n\n Q7\nfrom Telegram User @alptrader<\/em><\/strong><\/p>\n\n\n\n There is no rebase tokens on Binance. Do you think xBTC can be listed on Binance?<\/em><\/p>\n\n\n\n Mark Sgambelluri: <\/strong>We sure hope so! We are the first token to go multichain and we are now on BSC, so hopefully they notice us. We can also provide them with wxBTC so they don’t have to make any adjustments for rebase tokens. 🤞<\/p>\n\n\n\n Q8\nfrom Telegram User @Kuterux<\/em><\/strong><\/p>\n\n\n\n For crypto education, Do you have another page or chennal or articles for guide us how to use\u00a0 your platform?<\/em><\/p>\n\n\n\n Especially to guide staking or farming on your platform?????👾👾👾<\/em><\/p>\n\n\n\n Mark Sgambelluri: <\/strong>https:\/\/www.youtube.com\/channel\/UCGoEo7CE4Xv2OBZg5Yv1tVg<\/a><\/p>\n\n\n\n![\"\"](\"https:\/\/esatoshi.club\/wp-content\/uploads\/image-81-1024x670.png\")
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<\/figure>\n\n\n\nPart 2 \u2014 live questions from\nthe Telegram community<\/h2>\n\n\n\n