{"id":8847,"date":"2021-05-11T13:51:56","date_gmt":"2021-05-11T10:51:56","guid":{"rendered":"https:\/\/esatoshi.club\/?p=8847"},"modified":"2021-05-11T13:51:59","modified_gmt":"2021-05-11T10:51:59","slug":"sienna-x-satoshi-club-ama-recap-from-10th-of-may","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/05\/11\/sienna-x-satoshi-club-ama-recap-from-10th-of-may\/","title":{"rendered":"Sienna x Satoshi Club AMA Recap from 10th  of May"},"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 Sienna and our guests\nwere @MontyMunf0rd and Sienna Network. The AMA took place on 10 May.<\/p>\n\n\n\n<p>The\nAMA session was divided into 3 parts with a total crypto reward pool of 500$ <\/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><\/h2>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Hello, dear community!<\/p>\n\n\n\n<p>We are pleased to\nannounce&nbsp; AMA with Sienna<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> We are glad you to introduce you Sienna\nproject. @thisissienna welcome to Satoshi Club<\/p>\n\n\n\n<p>&nbsp;[ &#x1f603; Sticker ]<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> We have a replacement in the\nvisiting team&#x1f60a;<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Let&#8217;s give the welcome to @MontyMunf0rd\n&#x1f603;<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> @MontyMunf0rd is our new Sienna\nguest&#x1f44b;<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> Hello.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Hello and welcome to Satoshi Club,\n@MontyMunf0rd!<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> How is going your day?<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network: <\/strong>It&#8217;s been a little crazy, lots of\nwork going on, amazing buzz around the whole Sienna team.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> let&#8217;s start our AMA with a small\nintro&#x1f60a;<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> OK.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Introduce youreself. How did you\nget to be involved in crypto &amp; Sienna?<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Yes, we would like to know more about\nyou &#x1f603;<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> I am the Chief Evangelist and core\ncontributor to Sienna network.<\/p>\n\n\n\n<p>I used to be one of the\npioneers of mobile games in 2005.<\/p>\n\n\n\n<p>Lived in India,\nBollywood actor and villain.<\/p>\n\n\n\n<p>Lots of conference\nworkbincluding Kim Kardashian, Steve Wozniak, John McAfee.<\/p>\n\n\n\n<p>Now Sienna.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> wow! It is very cool! I want to\nsee your filmography &#x1f609;<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> I was very bad.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> This is a very impressive list of\nthe mighty of this world.<\/p>\n\n\n\n<p>But this path led you\nto crypto! &#x1f680;<\/p>\n\n\n\n<p>And it&#8217;s amazing&#x1f44d;<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Wow, great personalities<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> Yes and finally to the wonderful\npeople at Sienna.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Yes, please tell us about it<\/p>\n\n\n\n<p>What is the essence of\nyour project?<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> This article should describe it.<\/p>\n\n\n\n<figure class=\"wp-block-embed-wordpress wp-block-embed is-type-wp-embed is-provider-techcrunch\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"gfAnXgxuSB\"><a href=\"https:\/\/techcrunch.com\/2021\/05\/10\/signalling-that-privacy-is-coming-to-defi-sienna-network-raises-11-2m-for-its-platform\/\">Signaling that privacy is coming to DeFi, Sienna Network raises $11.2M for its platform<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Signaling that privacy is coming to DeFi, Sienna Network raises $11.2M for its platform&#8221; &#8212; TechCrunch\" src=\"https:\/\/techcrunch.com\/2021\/05\/10\/signalling-that-privacy-is-coming-to-defi-sienna-network-raises-11-2m-for-its-platform\/embed\/#?secret=knLB8dgtYm#?secret=gfAnXgxuSB\" data-secret=\"gfAnXgxuSB\" width=\"640\" height=\"360\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>We believe in long-term\nprivacy DeFi.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club: <\/strong>Is a great concept<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> And you have every reason to think\nso &#x1f44d;<\/p>\n\n\n\n<p>How long does it take\nto develop a project? What plans do you have for the future? And what can we\nexpect from Sienna?<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> Thank you. My job title is Chief\nEvangelist, but we are all privacy DeFi enthusiasts.<\/p>\n\n\n\n<p>Sienna Roadmap<\/p>\n\n\n\n<p><a href=\"https:\/\/sienna.network\/roadmap\/\">https:\/\/sienna.network\/roadmap\/<\/a><\/p>\n\n\n\n<p>This is our roadmap.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Thank you for the introduction. We have\ncollected some community questions, would you like to proceed?<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Thanks for sharing<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> Sure.<\/p>\n\n\n\n<p><strong><em>Q1 from Telegram User\n@andrey_seleznov<\/em><\/strong><\/p>\n\n\n\n<p><strong>Sienna\npromises fast transactions that will cost only a few cents. Users will\ndefinitely be excited not having to pay exorbitant fees. Can you tell us more\nabout your infrastructure? How do you achieve high speeds and such low fees\nbeing cross chain platform? Fees remain low even when trading with ETH chain?<\/strong><\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> We do and that is our aim.\nTransaction fees are too high and we will explain in coming months. A bit\nvague, sorry.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Do you want to add something to\nthis question?<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> Not at the moment.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Also we would like to know about\nyour team. Who is on the project team?<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> We have people all over the world.\nLondon, Copenhagen, Sofia, Zurich. A great team.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Is this an anonymous command? If\nso, do you plan to open over time?<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> Good question. We shall be opening\nup soon.<\/p>\n\n\n\n<p>Apologies, but this was\na last-minute thing and my mobile is nearly flat.<\/p>\n\n\n\n<p>Any more?<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> It would be great for user&#8217;s trust<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Thank you very much for your\nanswers! Ready to proceed to the next question?<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Let&#8217;s proceed&#x1f603;<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> Yes<\/p>\n\n\n\n<p><strong><em>Q2 from Telegram user\n@Jonahapagu<\/em><\/strong><\/p>\n\n\n\n<p><strong>In\nsienna users can use the Bridge to Convert tokens from multiple ecosystems into\nsecret tokens, at the moment only ethereum is supported with plans to support\npolkadot, Binance, monero and cosmos\u2026 so can you explain what happens at the\nbridge when a user wants to convert tokens of other networks to secret tokens,\nwhat happens to the tokens to be converted and how are the new secret tokens\nminted, and how does sienna assure users that the newly minted secret tokens\nare indeed privatized tokens?<\/strong><\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network: <\/strong>Yes, users can utilize Secret&#8217;s\nbridge to tokens into privacy-tokens.<\/p>\n\n\n\n<p>Sienna has created an\ninterface for this bridge<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> How is the process?<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> Tokens do indeed become private.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club\u201d <\/strong>it is very interesting!<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> How that is best explained is on\nthe scrt.network website.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> thanks for the answer and the\nhint! do you want to add something or are you ready for the next question?<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> Yes<\/p>\n\n\n\n<p><strong><em>Q3 from Telegram user\n@victorogb<\/em><\/strong><\/p>\n\n\n\n<p><strong>wSIENNA\nis an ERC-20 version of the native SIENNA token running on Secret Network\n(SNIP-20). In order to mint wSIENNA, users have to lock an equivalent amount of\nSIENNA in the bridge and this action can be reversed by burning the wSIENNA to\nget back SIENNA. Therefore, what is the major difference between the wrapped\nSIENNA and SIENNA, how are they used differently and though SIENNA currently\nruns on secrets network Ethereum bridge, but are there plans to incorporate\nother blockchain bridges on the network for a better user variety and ease of\ntransactions?<\/strong><\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> The main difference is that\nwSienna 8s running on Ethereum.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> And what are the use cases of SIENNA\ntoken?<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> Whereas the SNIP-20 coin is\nrunning on Secret Network.<\/p>\n\n\n\n<p>That means that wSienna\nused on Ethereum will be bridging multi ecosystems.<\/p>\n\n\n\n<p>More bridges are being\nbuilt to other ecosystems as well where we also have a Sienna wrapped token.<\/p>\n\n\n\n<p>That&#8217;s my answer.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> this opens up a lot of\npossibilities for users&#x1f44d;<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> We hope so.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> So, where can we buy the Sienna token?<\/p>\n\n\n\n<p><strong>Monty\nMunford Sienna Network:<\/strong> Uniswap.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> What is the contract address?<\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> When you use Sienna Swap, the privacy-first AMM\nlaunching this month, every time you execute a trade, a portion of the trading\nfees go to burning the SIENNA token, thus reducing the total supply. SIENNA\nalso acts as a governance token which will give you influence over the AMM, the\nupcoming privacy-first lending protcol and much more.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Greetings @thisissienna<\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> Uniswap, Gate, and more exchanges coming very soon!<\/p>\n\n\n\n<p>Greetings! Thanks for\nhaving me alongside Monty!<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Thanks for the answer and welcome to the\nAMA&#x1f603;<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> we are happy to have you here!<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Is there something else would you like\nto add before the next question?<\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> Yes, I&#8217;d like to add that the reason why the tx\nfees on Sienna are significantly lower than on Ethereum is due to the fact\nSienna is built on Secret Network<\/p>\n\n\n\n<p>Secret Network is the\nfirst blockchain with privacy-preserving smart contracts, hence why it also\nobtains the privacy from there.<\/p>\n\n\n\n<p>Secret Network is built\non Cosmos, and that&#8217;s where it obtains the high scalability and low fees &#x1f60a;<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Yes, we are familiar with this\nproject. They were at our AMA&#x1f60d;<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Has it been audited?<\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> All Sienna&#8217;s code has been audited by Certik, yes<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Great job &#x1f4aa;<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Want to share your results with\nus?<\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> Results are already on our website.\nhttps:\/\/sienna.network\/wsienna<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Thank you so much! Safety first&#x1f44f;&#x1f44f;&#x1f44f;<\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> One more audit of the native token will be\npublished today<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club : <\/strong>[ &#x1f917; Sticker ]<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Are you ready for the next\nquestion?<\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> And the final audit for the AMM will arrive shortly<\/p>\n\n\n\n<p>Safety first indeed!<\/p>\n\n\n\n<p>Yes!<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Will be waiting for it<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> don&#8217;t forget to share with Satoshi\nClubbers&#x1f609;<\/p>\n\n\n\n<p><strong><em>Q4 from Telegram User\n@cryptofollower<\/em><\/strong><\/p>\n\n\n\n<p><strong>Sienna\nis now listed on gate.io and uniswap. Governments don\u2019t like the idea of the\nprivate tokens. So they make exchanges to delist them. We have seen monero to\nbe delisted from some centralized exchanges. If that\u2019s the case, is it possible\nto give special privileges to centralized exchanges to see the blockchain data\nand prevent from delisting? What do you think about this?<\/strong><\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> It&#8217;s worth noting that Gate has listed wSIENNA (the\npublic token running on Ethereum). That&#8217;s why it&#8217;s important to have wrapped\ntokens for multiple blockchain ecosystems, but $SIENNA will always be our\nfavorite. SIENNA has native native since it&#8217;s native to Secret Network<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> This is indeed a very wise\ndecision on your part &#x1f44c;<\/p>\n\n\n\n<p>Position Win Win<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> How is the amount distribution of\n$Sienna?<\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> Total supply is 10,000,000<\/p>\n\n\n\n<p>You can find more about\nthe tokenomics on https:\/\/sienna.network\/token<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club: <\/strong>And the market cap?<\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> Current market cap is around $7m<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Thanks for share the info, do you want\nto add something else?&#x1f603;<\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> If people want to check out Sienna they can visit\nthe website: https:\/\/sienna.network or join our Telegram: @GoSiennaNetwork &#x1f60a;<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Let&#8217;s join Satoshiclubbers&#x1f973;<\/p>\n\n\n\n<p>Well, let&#8217;s proceed&#x1f601;<\/p>\n\n\n\n<p><strong><em>Q5 from Telegram user\n@Xusuo<\/em><\/strong><\/p>\n\n\n\n<p><strong>I\nread your data about Liquidity Pool, all 3.9 million Sienna token will be\nfinish to be minted in 4 years. So what will happen after your LPs depleted and\nno Sienna Token to be mint again? What are the plan so your project can keep\ngrowing?<\/strong><\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> &#x1f604; &#x1f64f;<\/p>\n\n\n\n<p>There will be other\nways to earn Sienna after the minting pool ends. What those plans 4 years from\nnow are, remain secret. In the meantime, you can see our roadmap here:\nhttps:\/\/sienna.network\/roadmap<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong>Do you have staking programs?<\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> Not as of right now but there will be soon<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club: <\/strong>Btw, what of those coming events are the\ngreatest for Sienna?<\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> Product launch this month, more exchanges, exciting\npartnerships, privacy-first lending in full speed development, more bridges on\nSecret Network to multiple ecosystems and much more. We&#8217;re beyond excited!<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> A lot of exciting things are coming, it\nmeans a lot of work to do &#x1f601;<\/p>\n\n\n\n<p>Btw, don&#8217;t forget to\nshare with us your coming events &#x1f973;<\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> Indeed! Sienna is on a mission to innovate at a\nhigh pace. Privacy DeFi is here to stay and is what&#8217;s needed for DeFi to truly\nflourish. Those who know, know.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Great, is time to proceed with the last\nquestion of this first part of the AMA, ready to go?<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Thank you very much for your\nanswers and clarifications! &#x1f44f;<\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> Yes sir!<\/p>\n\n\n\n<p><strong><em>Q6 from Telegram User\n@yellowchamp<\/em><\/strong><\/p>\n\n\n\n<p><strong>wSIENNA\n(wrapped SIENNA) is an ERC-20 version of the native SIENNA token running on\nSecret Network (SNIP-20). SIENNA is a privacy token, wSIENNA is not. To vote at\nthe Sienna Network protocol, you will need to swap your wSIENNA into SIENNA. So\ncan you tell us if SIENNA token will remain private forever? What is the\nadvantage of being a private token? By time goes by,can we expect SIENNA token\nto be available in other Blockchain aside from Secret Network? Can you explain\nmore about the different characteristic of SIENNA token from wSIENNA especially\nto its uses in Sienna Network Protocol? Thank you<\/strong><\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> Yes SIENNA will remain a privacy token. it&#8217;s worth\nnoting that, given you need to show your transaction history to someone, you\ncan generate a viewing key for them. <\/p>\n\n\n\n<p>The advantage of being\na privacy token is that privacy solves a lot of problems in DeFi.\nFront-running, lack of privacy (if someone sends you some BTC \/ ETH for\nexample, you&#8217;re able to look up their balance and transaction history. That is\nof nobody&#8217;s business than you &#8211; unless you give a third party access given your\nconsent.<\/p>\n\n\n\n<p>Yes you can expect\nSIENNA having a wrapped token on BSC, Polkadot and other ecosystems in the\nfuture. <\/p>\n\n\n\n<p>wSIENNA = public\nwrapped token on Ethereum<\/p>\n\n\n\n<p>SIENNA = native privacy\ntoken on Secret Network<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> I really like this idea and\nsimplicity<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> So innovative, we should recognize the\ngreat job of your team<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> I really want you to implement\nyour plan as soon as possible and we could use it to the full<\/p>\n\n\n\n<p>Now get ready for the\nmost impressive part of our AMA &#8211; the live questions!<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> @thisissienna are you ready?&#x1f680;<\/p>\n\n\n\n<p><strong>Sienna\nNetwork:<\/strong> Ready as can be!<\/p>\n\n\n\n<h2><strong>Part\n2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n<p><strong><em>Q1 from telegram username <\/em><\/strong><strong><em>@KhaleesiTheCryptoLady<\/em><\/strong><\/p>\n\n\n\n<p><strong>Can\nyou share to us the reasons why did you choose to build SIENNA in Secret\nNetwork? What is its edge to other popular networks? <\/strong><\/p>\n\n\n\n<p><strong>Sienna\nNetwork<\/strong>: Programmable privacy is essential for DeFi as you\ncan use sensitive data on the blockchain without revealing that data. Privacy\nalso protects front-running and many other things<\/p>\n\n\n\n<p><strong><em>Q2 from telegram username @ronaldo_super<\/em><\/strong><\/p>\n\n\n\n<p><strong>Can\nyou list your most unique feature that not any of other de-fi project has it\nonly Sienna has?<\/strong><\/p>\n\n\n\n<p><strong>Sienna\nNetwork<\/strong>: Inherent privacy. Front-running resistance. Cross\nchain support<\/p>\n\n\n\n<p><strong><em>Q3 from telegram username @boradam<\/em><\/strong><\/p>\n\n\n\n<p><strong>Where\nto I buy Sienna?<\/strong><strong><em><\/em><\/strong><\/p>\n\n\n\n<p><strong>Sienna\nNetwork<\/strong>: Uniswap, Gate and more exchanges coming soon<\/p>\n\n\n\n<p><strong><em>Q4 from telegram username @csgonub<\/em><\/strong><\/p>\n\n\n\n<p><strong>Are\nthere any yield farming or lending properties do you have these systems?<\/strong><\/p>\n\n\n\n<p><strong>Sienna\nNetwork<\/strong>: Yes, once SiennaSwap launches this month, you can\ndo yield farming<\/p>\n\n\n\n<p><strong><em>Q5 from telegram username  @topind7<\/em><\/strong><\/p>\n\n\n\n<p><strong>Is\nSienna a Fully decentralized platform and do you value users privacy?<\/strong><\/p>\n\n\n\n<p><strong>Sienna\nNetwork<\/strong>: Yes fully decentralized, running on Secret Network\n&#x1f60d;<\/p>\n\n\n\n<p><strong><em>Q6 from telegram username @BJosefina61<\/em><\/strong><\/p>\n\n\n\n<p><strong>&#8220;KYT\nsupport for institutions&#8221;<\/strong><\/p>\n\n\n\n<p><strong>What\nis KYT sir? can you explain more?<\/strong><\/p>\n\n\n\n<p><strong>Sienna\nNetwork<\/strong>: Know Your Transaction as an optional feature for\nthe ones who prefer it.&nbsp; Sienna believes\nbringing in big instituions is key to DeFi adoption.<\/p>\n\n\n\n<p><strong><em>Q7 &nbsp;from telegram username @BlancaSdF<\/em><\/strong><\/p>\n\n\n\n<p><strong><em>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/em><\/strong>]<\/p>\n\n\n\n<p><strong>Why\ndid you decide to build on the Secret Network and not on other more popular\nblockchains like Monero or Zcash?<\/strong><\/p>\n\n\n\n<p><strong>Sienna\nNetwork<\/strong>: Because Monero and Zcash don&#8217;t have smart\ncontracts. Secret Network has programmable privac<\/p>\n\n\n\n<p><strong><em>Q8 from telegram username @testercoin<\/em><\/strong><\/p>\n\n\n\n<p><strong>Are\nyou planning to do any NFT tokens support into your project? Does Sienna\nsupport NFT&#8217;s?<\/strong><\/p>\n\n\n\n<p><strong>Sienna\nNetwork<\/strong>: Yes! Private NFTs are already on mainnet on Secret\nNetwork. Sienna will support these<\/p>\n\n\n\n<p><strong><em>Q9 from telegram username @pavaaaaaan<\/em><\/strong><\/p>\n\n\n\n<p><strong>For\nbeing able to be adaptive in nature, user friendliness is much needed and might\nturn out to be a challenge. How are you planning to educate your users and make\nthe experience user friendly?<\/strong><\/p>\n\n\n\n<p><strong>&nbsp;Sienna Network<\/strong>:\nThe contributors to Sienna have built products that today is being used by tens\nof millions of people. They are hyper focused on user experience and design<\/p>\n\n\n\n<p><strong><em>Q10 from telegram username <\/em><\/strong><strong><em>@Guandog<\/em><\/strong><\/p>\n\n\n\n<p><strong>wSIENNA\nwill only be on Ethereum or could it be on other blockchains soon?<\/strong><\/p>\n\n\n\n<p><strong>Sienna\nNetwork<\/strong>: BSC and Polkadot are the next ones up!<\/p>\n\n\n\n<h2><strong>Part 3 \u2013 Quiz Results<\/strong><strong><em><\/em><\/strong><\/h2>\n\n\n\n<p>As usual, for the third\npart, Satoshi Club Team asked the chat 4 questions about the crypto project. A\nlink to a Quiz form 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\/GoSiennaNetwork\/\">https:\/\/t.me\/GoSiennaNetwork\/<\/a><\/p>\n\n\n\n<p>Twitter: <a href=\"https:\/\/twitter.com\/sienna_network\/\">https:\/\/twitter.com\/sienna_network\/<\/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 Sienna and our guests were @MontyMunf0rd and Sienna Network. The AMA took place on 10 May. The AMA session was divided into 3 parts with a total crypto reward pool [&hellip;]<\/p>\n","protected":false},"author":66,"featured_media":8598,"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\/8847"}],"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=8847"}],"version-history":[{"count":1,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/8847\/revisions"}],"predecessor-version":[{"id":8850,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/8847\/revisions\/8850"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/8598"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=8847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=8847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=8847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}