AMA Satoshi Club x 0xnodes, May 16th

We are pleased to announce our next AMA on May 16th 2021 at 11:00 AM UTC Time: Satoshi Club x 0xnodes

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join 0xnodes Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. 0xnodes Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about 0xnodes

For more details:
0xnodes Website – 0xnodes.io
0xnodes Telegram – @XND_chat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

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John
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John

0x_nodes is a cross-chain liquidity platform that enables asset movements between blockchains, thereby interconnecting users to yield aggregation across Defi space. Protocols have attempted to solve interoperability problems by wrapping versions of tokens on other blockchains to facilitate their bridge. You have fault the current token-wrap design and you will be introduce a different approach built on a credit/debit system. How will this provide a better or seamless transfer of value between blockchains? In what way is Ox_node designed to offer a more efficient cross-chain functionality between EVM ecosystems as well as ensure a more efficient bridge between the EVM… Read more »

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@Highpee
John
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John

One of the features mentioned in your lite paper is Cross Chain FIAT Onramp Integration as well as incorporation of FOREX and real world assets into Defi. This is a bold target considering how delicately regulated this financial area is. How will you be able to execute this feature and enable FIAT Cross chain capabilities considering the restricted nature of the traditional financial sector? In what way have you design your protocol be able to operate a FOREX structure in Defi as well as extend operation into a larger investment latitude through hedge fund involving synthetic and real world assets… Read more »

Telegram Username
@Highpee
John
Guest
John

One of the feature of 0x_nodes is that you will implement a collaterized central yield storage that will grant access to yield in the form of self-paying loan, as well as provide users the option to redeem their yield on any chain of their choice. I will like to know more about this feature of your ecosystem. What is the yVault and how is it designed to create a synthetic USD that can sustain earned yield on asset as well as self-pay loan on behalf of users? How will the loan collateralization as well as repayment structure be determined and… Read more »

Telegram Username
@Highpee
Victor
Guest
Victor

OxNodes utilises the $BIOS token in collecting protocol fees and unlocking the full potentials of the OxNode network. These $BIOS tokens are issued through depositing assets into a liquidity model in the network. What categories of assets can a user deposit to earn $BIOS, how would this liquidity model work, and since $BIOS is intended to function as a basic input-output system, how does the network ensure that the supply is not inflated?

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@victorogb
Victor
Guest
Victor

OxNodes has recently started the task of deploying EVM nodes to feed a unidirectional aggregator to the Ethereum mainnet node. It is hoped that at the completion of this task, a lot of the cutting edge features of the OxNodes network will be brought to fruition. Can you carefully highlight some of the unique benefits of these node deployments, how would they positively impact OxNodes performance as compared to other networks offering same services, and with reference to the yield aggregator, how will yield payments be settled after the aggregator goes live?

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@victorogb
Victor
Guest
Victor

With a critical study of Oxnodes roadmap, it’s pretty clear that a bulk of the network deployment operations will commence from Q4 2021 to Q1 2022, with deployments across major chains such as ETH, BSC and MATIC coming first, followed by others coming much later, in that order. Therefore, how will Oxnodes carefully integrate most of it’s core features accross all networks deployed, and talking about user preferences and choice, how will the Oxnode network ensure that all deployed networks work optimally for it’s user irrespective of specific operations or transactions?

Telegram Username
@victorogb
Marian
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Marian

While looking for information about 0x_Node I saw that: “depending on how much $BIOS is deposited, the end user will unlock additional levels of deposits for their secondary asset”. Can you tell us more about this? How much is the min. required to start unlocking additional levels? And how many levels are there? Also, what are the benefits of being on one level or another?

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@meml97
Marian
Guest
Marian

It caught my attention that not long ago you said on Twitter that you “build in hostile enviroments”. Can you tell us more about what do you mean by that? What do you consider as a hostile enviroment and what are the advantages of building on enviroments like that? As we know tough situations can bring the best of us, so, what is this hostility bringing from 0x_Nodes?

Telegram Username
@meml97
Marian
Guest
Marian

I read on your docs that one of the use cases of $BIOS is in the governance of your platform, but while looking for information about the governance itseflt I couldn’t find anything about it, so can you tell us more about it? How will the Governance of 0x_Nodes be? How can users be part of it and what role will your token have on it?

Telegram Username
@meml97
Victor
Guest
Victor

I saw that 0x_Nodes announced their IDO event on the CyberFi/Samurai Launchpad, happening on May 17th, 2021. Could you share more about it with us? Why did you decide to have your IDO on Samurai Launchpad and what expectations are you planning to fulfill? How many $BIOS tokens will be offer in such IDO and at what price? How long will this IDO be? And once it’s over, what will we next?

Telegram Username
@V1ct0r_26
Victor
Guest
Victor

I saw on your Documents that on one of the last pages you mentioned your competitors, being among them; RenVM, ThorChain, Router and Connext. Could you tell us, now that we know what project you consider as your competition on the field, what are the advantages 0x_Nodes offers to users? Why should people work with 0x_Nodes instead of any other existing project?

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@V1ct0r_26
Victor
Guest
Victor

I saw that one of 0x_Nodes future capabilities is “Multi Chain IDO Liquidity Fusion”. Could you share more information about this point with us? What will this “Fusion” be? And how will it exactly work?

Telegram Username
@V1ct0r_26
Johana
Guest
Johana

The performance aggregation protocol is modularized cross-chain.  The features of 0x_nodes are rich in utility from top to bottom.  But going into the matter, what is Nodes?  What are nodes used for?  What are the characteristics that Nodes fulfills and what benefits does it bring to the DeFi sector?

Telegram Username
@johana0012
Johana
Guest
Johana

The Nodes team has decades of experience in technology, cryptocurrencies, design and engineering.  They have been building networks since before the Internet existed.  Is 0x_nodes a network of deployed systems?  What benefits does it allow users?  Through Nodes you can build performance strategies?  What are node blockchains based on?

Telegram Username
@johana0012
Johana
Guest
Johana

The applications of the secure transport layer allow the instantaneous transfer of liquidity.  0x_nodes is a system diversity network.  What are the characteristics of 0x_nodes?  What are the benefits?  How many levels do you implement nodes to overcome the gaps that occur in the DeFi sector?  Is each distributed node capable of acting independently?

Telegram Username
@johana0012
Michelth
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Michelth

This is the reality of the Internet today. Business, entertainment, education, and personal connection have been supercharged in ways we could only have dreamed of 20 years ago. The same thing must happen now in the decentralized financial space, and we don’t have 20 years to do it. Does Nodes use a cross-chain interface? Do secure transport layer applications allow instant liquidity transfer if I use nodes? With nodes I can get access to profitability in the form of loans?  Is this loan self-liquidating?

Telegram Username
@michelth
Michelth
Guest
Michelth

Instead of using a spoke network topology, 0x_nodes will be comprised of a core mesh network between EVM ecosystems and will ultimately link the EVM network with external blockchain networks. Are the swaps applied by node synthetic and cross-chain? How do you guarantee the movement of liquidity along the chain? Have you succeeded in establishing third-party API integrations? What features have they managed to include?

Telegram Username
@michelth
Michelth
Guest
Michelth

0x_nodes will start on the Ethereum mainnet first, rapidly deploying nodes across the entire Ethereum virtual machine (EVM) ecosystem. In the decentralized world there are many problems today, specifically which ones did the 0x_nodes project solve? Do the 0x_nodes instruments allow customization of portfolio management?  Does the kernel adjust dynamically?  What characteristics does Nodes meet?

Telegram Username
@michelth
Pixma
Guest
Pixma

Through the $ BIOS token, and using the $ BIOS token in a 0xNodes module, you are opening the door for protocol fees to be charged, which you can then move through our network freely. The $ BIOS token will be issued by depositing assets (as individual assets) in a liquidity module on the 0xNodes network. How does 0x_nodes put an end to the fragmentation of the Ethereum network and make interoperability commonplace for everyone? What is the revolutionary innovation that Nodes has been inserting for the development of DeFi?

Telegram Username
@pixma00
Pixma
Guest
Pixma

The liquidity module is designed to be perpetual. A single liquidity module will replenish the $ BIOS supply within the contract to continue to distribute $ BIOS indefinitely without inflating the supply of the $ BIOS token. $ BIOS is designed as a basic input and output system, which we believe accurately represents our native token. 0x_nodes is a cross-chain protocol that enables synthetic asset movements between blockchains. So can I apply broader performance aggregation strategies? What is Ox_nodes made of?

Telegram Username
@pixma00
Pixma
Guest
Pixma

0x_nodes is a network of deployed systems that allow users to move, acquire, and build performance strategies with non-native assets on both EVM and non-EVM-based blockchains. What commitments will the $ BIOS token undertake? Under what functions will they maximize the potential of the multi-chain liquidity network? Could you tell us a little about your IDO? How will a single node work together in a larger network of 0x_nodes implementations?

Telegram Username
@pixma00
nadir
Guest
nadir

I see 0x_Nodes primarily uses ETH network. What will be the next networks 0x_Nodes work on?

Telegram Username
@xperia3
nadir
Guest
nadir

What will be the benefits of holding $BIOS?

Telegram Username
@xperia3
nadir
Guest
nadir

When you think of 0x_Nodes main competitors, what makes 0x_Nodes unique and get ahead of its competitors?

Telegram Username
@xperia3
Jade
Guest
Jade

The BIOS token is the central attractive of 0x_nodes, so can you describe us what are the core features that your token have? Why is so important become a holders?

Telegram Username
@JoanaZ
Ariana
Guest
Ariana

The 0x_Nodes is a modularized protocol which has three parts: NON_EVM, ETH_MAINNET and EVM, I’m not a tech expert but how do these parts contribute to create a cross chain brigde for your platform? How do you achieve an universal compatibility?

Telegram Username
@Arisabela
Ariana
Guest
Ariana

The $ BIOS token is the key for the governance on your ecosystem, but I couldn’t find the actual functioning or planning on your roadmap for the governance method, can you explain how will it work and if it will be fully decentralized? What will be the key benefits for the $BIOS holders?

Telegram Username
@Arisabela
SEN
Guest
SEN

0x nodes is a platform that was developed to work through multiple blockchains, but apart of support EVM compatible chains, also it’s compatible with Non-EVM chains, so can you tell us which are these non- EVM based chains?

Telegram Username
@Tony253210
Manugotsuka
Guest
Manugotsuka

❤️ Approximately 25% of all 0x_nodes Tokenomics are destined to a “Treasury” , so can you tell me what are the usage of these funds? Also how this treasury is filled?

Telegram Username
@Manugotsuka
Poker
Guest
Poker

There so many projects that use nodes during these days, so can you tell us why are you a better node platform that others? What are the requirements to set and run a node in your ecosystem?

Telegram Username
@Porkerlight
yaisy
Guest
yaisy

You point out in your Medium blog that the biggest problem in DeFi is the lack of interoperability, maintaining greater fragmentation in the ETH network, but really the only way to solve this problem is through the Nodes protocol? or are there really other but less effective alternatives?

Telegram Username
@AugusS7
yaisy
Guest
yaisy

You point out that although DeFi is working today, it has not been able to reach its maximum potential, but that $ BIOS of 0x_nodes is committed to achieving it, but will this potential really be achieved only by solving interoperability? Or in addition to this, will 0x_nodes also solve other problems?

Telegram Username
@AugusS7
gutierrez
Guest
gutierrez

You say it won’t take 10 years to maximize DeFi’s full potential, but how long do you really have an estimate? And what would be the steps to follow to achieve it?

Telegram Username
@Gutike95
gutierrez
Guest
gutierrez

You say that the features of 0x_nodes are rich in utility from top to bottom, but could you really tell us what those features are? And if they are similar to those of other projects, how will 0x_nodes achieve great results with similar characteristics?

Telegram Username
@Gutike95
Keymer Salom
Guest
Keymer Salom

As we all know the problem of interoperability is not only in ETH, therefore, my question is if 0x_nodes intends to expand to other chains to be able to solve their problems as well?

Telegram Username
@KeymerS
Keymer Salom
Guest
Keymer Salom

One of the networks that provides interoperability in the Polkadot network, but what mechanism does it really use to achieve it? Is it that you use the same mechanism that you want to implement your protocol with ETH?

Telegram Username
@KeymerS
kasg
Guest
kasg

I understand that implementing this protocol at ETH would provide you with even greater adoption, but will your transaction costs really be just as high? or when implementing connection with other chains, will they be able to re-edit them?

Telegram Username
@KASG95
kasg
Guest
kasg

Regarding the performance aggregation with Ox_nodes, could you tell us how high the generated returns will be? And also, how easy and beneficial will your protocol be for the users?

Telegram Username
@KASG95
Fakhrurrazy
Guest
Fakhrurrazy

We refer to the announcement that the IDO launching of OxNodes will be at 17 May, can you please share us validity of this event and where will this event held? Could you please also add information about features and dominance of $BIOS as your token that are distinguish from other tokens?

Telegram Username
@Derazy
Fakhrurrazy
Guest
Fakhrurrazy

What are the benefits of holding $BIOS? Can you share to us the number of token supplied, the price, and as well as the minimum buying for customers who want to buy and invest at OxNodes?

Telegram Username
@Derazy
Alice
Guest
Alice

One of the many features of Ox Nodes is a collateralized CENTRAL yield storage, what are the centralized points of this feature, and as a storage what are the security factors of it that ensure that it is leak proof?

Telegram Username
@alice_wonderland12
Rosanela
Guest
Rosanela

In 0x Nodes each distributed node is capable of acting independently, what are the consequences of this decentralization for the performing of each node, and how do you maintain the security of them separately?

Telegram Username
@Rosane1a8
Rica Ferrer
Guest
Rica Ferrer

$BIOS have numerous competitors in the same field. What great features does 0xNodes are you proud of? Do you believe that these might be considered as your competitive advantages?

Telegram Username
@kimterbear
Rica Ferrer
Guest
Rica Ferrer

What great features on the interface of 0xnodes do you think that others do not have? What do you think is 0xnodes greatest strengths and capabilities?

Telegram Username
@kimterbear
Rica Ferrer
Guest
Rica Ferrer

How would you differentiate 0xnodes from other platforms offering the same service? How will you prove that 0xnodes is worthy among all?

Telegram Username
@kimterbear
arboledae
Guest
arboledae

How does your project ensure that it will fulfill the necessary functions to meet investors’ expectations, and thus outperform the competition?

Telegram Username
@arboledae
Doctor Questions
Guest
Doctor Questions

Each projects come up with vision and mission to have successful gain. I believe $BIOS also have great vision. What is OxNodes vision with $BIOS? And what is your target market with this $BIOS?

Telegram Username
@FZayyid
Humberto Antoni
Guest
Humberto Antoni

From your total token supply there will be a 5% distributed to bounties and grants, can you tell us how 0x_Nodes will work to generate participation and acceptance among your community? Any event or contest?

Telegram Username
@antoni_azx
Humberto Antoni
Guest
Humberto Antoni

First of all I want to congratulate you for collecting almost $ 4M in your foundraising round, your project is already having a great acceptance among DeFi investors, which partners will actively participate in the strategic development of your infrastructure?

Telegram Username
@antoni_azx
ysabel
Guest
ysabel

Tell us about the $BIOS token, what is its importance within the 0xNodes ecosystem, what are the guarantees that it can give us that there will always be a good flow of liquidity and what elements make the token never lose value?

Telegram Username
@ysasoma

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