AMA Satoshi Club x Dfyn, May 5th

We are pleased to announce our next AMA on May 5th 2021 at 01:00 PM UTC Time: Satoshi Club x Dfyn

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Dfyn 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. Dfyn Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Dfyn

For more details:
Dfyn Website – dfyn.network
Dfyn Telegram – @Dfyn_HQ
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

105
⬇️⬇️⬇️ Leave your comments bellow ⬇️⬇️⬇️

avatar
103 Comment threads
2 Thread replies
4 Followers
 
Most reacted comment
Hottest comment thread
61 Comment authors
han kunPaulDharmender YadavAntonRiko Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
alice
Guest
alice

Is a Multi-Chain DEX and represents a solution for the fragmentation problem, however, a problem as it is, fragmentation increases security since holders need to diversify the sites where their money is held. Being they able to hold it all in Dfyn, is the platform secure enough for them to be safe trusting the 100% to the platform?

Telegram Username
@alice_wonderland12
Maksim
Guest
Maksim

0x292f0Ebf4d17eafD2A133f9240f4177cd5cd56f1

Telegram Username
@Makas_777
Ariana
Guest
Ariana

$POLX has a characteristic of being a double deflationary token, it’s mentioned on a Medium article that your deflationary burn feature will be accelerated by your “tiered network taxation”, can you provide more details about your deflationary mechanism? Will the holders also get benefited from this tiered network taxation?

Telegram Username
@Arisabela
Ariana
Guest
Ariana

I have mistakenly posted this questions here. Please ignore them it’s for another AMA.

Telegram Username
@Arisabela
Ariana
Guest
Ariana

On your value proposition you mention about offering exposure to EFi or Elastic Finance via the $POLX token, maybe we aren’t all familiar with this new sector in the crypto world, can you tell us what’s new and how exactly will the $POLX token be involved?

Telegram Username
@Arisabela
Ariana
Guest
Ariana

I have mistakenly posted this questions here. Please ignore them it’s for another AMA.

Telegram Username
@Arisabela
Jonah Apagu
Guest
Jonah Apagu

It is stated that apart from Low-fee AMM Exchange and yield farming opportunities, Dfyn will also work on providing a comprehensive platform for social tokens and NFTs… can you explain how this will be implemented, will any user be able create NFT on the platform, and what will the social tokens be used for .

Telegram Username
@Jonahapagu
Jonah Apagu
Guest
Jonah Apagu

Dfyn is said to be incorporating tweaks to the currently dominant Uniswap AMM model, and address issues such as impermanent loss and slippage… can you explain what tweaks of the uniswap you are adding to your model and how are you able to address the issues of Impermanent loss and slippage..

Telegram Username
@Jonahapagu
Jonah Apagu
Guest
Jonah Apagu

I read that Dfyn is also building a heavy-duty advisory council drawn from some of the leading names in crypto today… what will be the duties of this advisory council,why are you creating the advisory council, and how will you be deciding on what people make up the advisory council..

Telegram Username
@Jonahapagu
Rica Ferrer
Guest
Rica Ferrer

Can you elaborate more on your roadmap? In what part of the roadmap is your current progress and what can we expect from you in the future?

Telegram Username
@kimterbear
Rica Ferrer
Guest
Rica Ferrer

In what way can you assure security and safety in your users? Can we be 100% sure that we can trust you?

Telegram Username
@kimterbear
Rica Ferrer
Guest
Rica Ferrer

How does your platform contribute in the community? Are there benefits for long term users and new users?

Telegram Username
@kimterbear
iizabila zozo
Guest
iizabila zozo

Q.I’m a developer, and I’m interested in contributing to your project alongsides earning, Do you have any Bug Bounty to check for vulnerabilities ?Q.Ambassadors play a very important role in every project, Do you have an ambassador program? If yes, how can I be one

Telegram Username
@iizabila4
iizabila zozo
Guest
iizabila zozo

Many Project talks only about their Strenghts, Can You talk about the weak point that You project is Currently Dealing With?

Telegram Username
@iizabila4
Ariana
Guest
Ariana

The expansion of your platform to other chains is imminent, but can you tell us if there will be any change in terms of infrastructure or scalability with a specific chain? Maybe take advantage of Polkadot or BSC features in the future?

Telegram Username
@Arisabela
Ariana
Guest
Ariana

I see that you are mainly focused on launching tokens with the Ethreum platform, but specific launchpads for BSC tokens are becoming more and more popular, do you plan to incorporate them in the future as well? What advantages does Dfyn’s launchpad have over existing ones in the DeFi ecosystem?

Telegram Username
@Arisabela
hydra
Guest
hydra

On your website you say that Dfyn was initially launched on Polygon and will soon expand to BSC, HEC, AVALANCHE, POLKADOT, ALGORAND. But I was surprised not to see Ethereum on this list, I know that Ethereum is very troublesome right now, but do you plan to expand Dfyn to the Ethereum blockchain too one day? Maybe when they launch Ethereum 2.0?

Telegram Username
@h1drX
hydra
Guest
hydra

One of the first things you say on your website is that Dfyn AMM’s are gas fee free. This intrigued me a lot since usually a part of these commissions are awarded to the native token holders. In the case of Dfyn, is this benefit not granted to holders of $DFYN? How come you don’t demand gas fees?

Telegram Username
@h1drX
hydra
Guest
hydra

I was struck by your plans for the third quarter of 2021, one of your plans is “smart market maker”. I would like you to tell us a bit about this, as I only know the automated market maker. What is the smart market maker? How does it work and what benefits does it bring? Also, do Smart Market Makers have anything to do with the automated market maker? Is it some kind of improvement?

Telegram Username
@h1drX
ysabel
Guest
ysabel

currently there is a very popular launch type called IFO, I would like to know, if DFyn will launch their token through this method?

Telegram Username
@ysasoma
ysabel
Guest
ysabel

Most of the DeFi projects are totally experimental even if they are launched for public use, which means that they can go wrong, even with a high-end audit, so I believe that what makes a project successful is the ability to identify and solve problems. Can you tell us, what are the tools that Dfyn has to identify and solve any kind of problem that may arise?

Telegram Username
@ysasoma
Ayuba Peter Akpa
Guest
Ayuba Peter Akpa

Most of DeFi sectors rely on Ethereum which has ledto it’s several flaws such as HighGas Fees,FragmentedLiquidity Pools,LowThroughput, Poor User Experience e.t.c. DeFi protocols built atop the Ethereumnetwork suffer from scalability and congestion issues. How is The Dfyn Ecosystem consisting of Multi-chainDEX, RouterProtocol, Multi-chainGasless AMM and Layer 2Launchpad going to solve the challenge mentioned above as Dfyn claims?

Telegram Username
@Ajpaa
Ayuba Peter Akpa
Guest
Ayuba Peter Akpa

With a slew of competitors with same challenge of high gas fee and vying for thesame market, How does Dfyn intend to change the game and stand out ensuring gasless transactions?

Telegram Username
@Ajpaa
Ayuba Peter Akpa
Guest
Ayuba Peter Akpa

what is the crucial role DFYN token will perform in the functioning of the Dfyn ecosystem? TheDFYN token is expected to have multiple utilities.. name them. How can holders of the DFYN token use theirtokens to take part in Dfyn’s voting proposals concerning protocol amendments andupgrades.

Telegram Username
@Ajpaa
Li Zam
Guest
Li Zam

One of the products of Dfyn is the Layer 2 Galaxy Farm. Would you tell us what are the the most important features of this farming ecosystem? Is it similar to other yield farming projects or does Galaxy Farm brings new mechanisms and benefits for users? Also, which projects are participating in the development of this farming system?

Telegram Username
@lzamg
Li Zam
Guest
Li Zam

Based on your Tokenomics, 2.75% of the total supply is destined for NFT Airdrops. Does this mean that Dfyn will be developing NFTs or including them in the network? Or what exactly does that mean?

Telegram Username
@lzamg
Jean Pierre Hernandez
Guest
Jean Pierre Hernandez

DFYN AMM NOT CHARGING GAS FEES, FROM WHERE DO THEY DISTRIBUTE SOME KIND OF CONTRIBUTION TO THE COMMUNITY FOR HOLDING THE PROJECT’S NATIVE TOKENS OR IS THERE NO STAKING?

Telegram Username
@Pirry05Universe
Jean Pierre Hernandez
Guest
Jean Pierre Hernandez

IS THERE GOVERNANCE IN THE DFYN ECOSYSTEM, IF SO, HOW IS IT IMPLEMENTED?

Telegram Username
@Pirry05Universe
Victor
Guest
Victor

A couple of months back, Dfyn network in collaboration with other leading DeFi projects like Router Protocol, Polygon, etc., partnered together to launch what is called the layer-2 Galaxy farm, which offered users an opportunity to participate in an industry first cross-project farming experiment. Can you graciously describe how this process currently works, aside from earning rewards from other networks as a result of staking in a “cohort pool” what other gains do investors tend to derive, and since it’s launch roughly 2 months back, how can you access the successes and adoption of this unique farming experiment?

Telegram Username
@victorogb
jose daniel
Guest
jose daniel

What are the advantages that Dfyn has compared to other similar DEX networks? What services do you offer that make you stand out from the competition and that will allow you to have a good position in the market?

Telegram Username
@jodasf
jose daniel
Guest
jose daniel

What are the main elements that build DFYN’s DEX network, can you mention them and give us a brief description of each of them?

Telegram Username
@jodasf
jose daniel
Guest
jose daniel

Tokenomics is one of the most important points to consider in any project, so, could you give us a brief explanation of what has been developed for DFYN, what is the allocation, the percentage of distribution, the total number of tokens they will have, among others?

Telegram Username
@jodasf
Sofia Isla
Guest
Sofia Isla

You mention that Dfyn’s technical launch pad will allow creators to launch their tokens, launch ERC20s, list on Dfyn, initiate farm plays, no-code entitlement planner, and cross-chain launches. Can you tell us how will Dfyn achieve all this? When do you plan to implement it and how will users be able to carry out these transactions? You also say that Dfyn will connect to multiple sources of liquidity across all chains. What sources of liquidity will Dfyn join to offer a better platform? Will the cross-chain liquidity ecosystem built by Router Protocol be included?

Telegram Username
@sofiaisla
ale bianco
Guest
ale bianco

In your medium I saw that DFYN carried out NFT Airdrop with an allocation of 2.25% of the total of $DFYN Tokens. Can you give us more details about this and what are your plans with the implementation of NFT? You also mention that these tokens will be unlocked for community initiatives. What strategies do you have to benefit the community and exactly what other plans do you have in mind to incentivize users?

Telegram Username
@alaskasb
Sofia Isla
Guest
Sofia Isla

It strikes me that the Dfyn team has designed the token distribution to be as fair as possible to all stakeholders. Can you tell us about how this design will be carried out so that the distribution is fair and without possible flaws? What strategies will you use to balance providing meaningful participation and putting the future of the protocol in the hands of the community? How do you plan to get the community involved in this?

Telegram Username
@sofiaisla
ale bianco
Guest
ale bianco

Regarding liquidity, you mention that it is essential for the success of DFYN. Since your goal is to create an ecosystem that facilitates movement and actions. How will you get so much liquidity and what rewards will LPs have? Furthermore, regarding the Liquidity Provision Funds, how will this supply of $DFYN tokens be allocated and when will they be released?

Telegram Username
@alaskasb
Sofia Isla
Guest
Sofia Isla

Regarding Dfyn’s mission, you say that you are committed to establishing a thriving multi-chain ecosystem with a decentralized trustless multi-chain exchange (DEX). Tell us, How do you plan to establish this system and make it reliable? Do you have an estimated time to do this? By teaming up with an ultrafast gasless automated market maker (AMM), Can you give us information about what advantages will AMM bring to the Dfyn project? When do you plan to bring the next crypto users into the DeFi world?

Telegram Username
@sofiaisla
Humberto Antoni
Guest
Humberto Antoni

Last night you’ve published a tweet about users have done 6700+ transactions on your GalaxyFarm2 and saved almost $ 210K USDT in gas fee, how do you make possible this high amount in savings?

Telegram Username
@Antoni_azx
Humberto Antoni
Guest
Humberto Antoni

I couldn’t avoid being interested in your research program, it says on your website that it will be used for funding research and development into crosschain protocols, can anyone participate? Do you have funds specifically earmarked for this program?

Telegram Username
@Antoni_azx
Isabella
Guest
Isabella

I found it interesting that DFYN has a Bug Bounty program and other programs like funding research and development of cross-chain protocols and applications. Could you tell us more about this? Can any user support developers, identify attack vectors and strengthen the DFYN ecosystem? What is the purpose of these programs and how would they benefit us?

Telegram Username
@IsabellaIsla
Isabella
Guest
Isabella

In your roadmap I saw that you want to implement Dfyn Nodes in other chains: BSC, Polka, Avalanche, Solana; in addition to the Dfyn Token as collateral on platforms TGE listing in Uniswap L1 / Dfyn L2. Can you tell us why you have chosen to implement these nodes in each of those chains and when will the Dfyn token be listed in Uniswap L1 / L2? Do you have plans to list in other CEX or DEX? Also, I saw that you want to add a “Smart” Market Maker with Cross-Chain Credit Markets Infrastructure and Tools. Will this really… Read more »

Telegram Username
@IsabellaIsla
Victor
Guest
Victor

Dfyn offers the community as well of developers, researchers, industry experts and potential projects and teams, an opportunity to get involved with Dfyn’s unique project and rewarding collaborations via various means which includes; the bug bounty program, the research program, partnership proposals, etc. Therefore, what are some of the basic requirements for participating in such programs and how can an investor or researcher duly apply for a research grant from Dfyn, what are the processes involved?

Telegram Username
@victorogb
Pei Er
Guest
Pei Er

Can you tell us the difference between the Dfyn Exchange from Dfyn Exchange (Hardware wallet)? Which wallet is more recommendable and safe to use? Recently some wallets like Uniswap and 1inch has an airdrop to their users and now as far as I know, Open Ocean has an airdrop for their users too upon launching their token. So as a little hint to your existing and incoming users,do you plan to launch also an Airdrop in the future in your platform especially to your loyal users and traders? Thank you

Telegram Username
@yellowchamp
Pei Er
Guest
Pei Er

According to your twitter post,we can stake in Dfyn Network and get rewarded in 11 different tokens and On day 26 of GalaxyFarm2, users have done 6700+ transactions and have saved nearly $210K USDT in gas fee. So can you tell us more about how can we get 11 different tokens just by staking in your platform? What are those 11 tokens that we can possibly get by staking? Can you explain more about the mechanics of the staking in your platform? How much would be the minimum to stake to be eligible with this event? In your previous farm,users… Read more »

Telegram Username
@yellowchamp
Greg
Guest
Greg

Hello, Uniswap V3 will introduce an interesting solution that drastically increases the capital efficiency for LPs, do you offer or plan similar solutions?

Telegram Username
@GregBTK
Andrey
Guest
Andrey

Hi DFYN!
DFYN’s has a great mission of establishing a thriving multi-chain ecosystem, DEX coupled with an AMM optimized for the multi blockchain universe, this definitely sets you up for success! Does this mean you will be a layer 2 solution on all chains you partner with? Which chains are you releasing on and which are you planning to add in the future? Thank you!

Telegram Username
@andrey_seleznov
Andrey
Guest
Andrey

Hi DFYN!
DFYN has a huge token allocation to the Ecosystem Fund, 17.45% of total $DFYN Tokens! Please tell us what you plan to use these funds on? Do you already have specific partnerships in mind? What are the best ways for your loyal user base to partake in the future distributions? Thank you!

Telegram Username
@andrey_seleznov
Rыs'ka
Guest
Rыs'ka

Dfyn AMMs are gasless i.e. zero gas fees. From what sources are these costs reimbursed, have you created any kind of investment fund to provide funds for the development and full functioning of the platform?

Telegram Username
@NataliyaKil
Andrey
Guest
Andrey

Hi DFYN!
I am interested to learn how Dfyn will ensure gasless transactions? I understand this can be achieved inside the level 2 network like Polygon. But what about the cross chain transactions to non ETH chains, will they also be gasless? Are there any other level 2 networks you are going to be collaborating with other than Polygon? Thank you!

Telegram Username
@andrey_seleznov
M Alex Max
Guest
M Alex Max

Lending, Borrowing and other DeFi services are so much repeated in many DeFi projects, so what is the real innovation that RICHIE is bringing to DeFi? What are you able to do that other cannot?

Telegram Username
@Malex0123
M Alex Max
Guest
M Alex Max

Are you still working on the mobile application or you only designed it for desktop users only because I tried to make use of the liquidity migrator tag on your website on my mobile phone but couldn’t connect to wallet on my mobile phone.

Telegram Username
@Malex0123
M Alex Max
Guest
M Alex Max

How do you plan to spread awareness about your project in different countries where English is not spoken well? Do you have local communities for them to let them better understand about your project?

Telegram Username
@Malex0123

Satoshi CLUB 2020-2021. All Rights Reserved