AMA Satoshi Club x Trava Finance, August 3rd

We are pleased to announce our next AMA on August 3rd 2021 at 03:00 PM UTC Time: Satoshi Club x Trava Finance

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

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

Part 3: 300$ – A quiz about Trava Finance

For more details:
Trava Finance Website – trava.finance
Trava Finance Telegram – @trava_finance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

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Melissa
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Melissa

While other lending platforms have a single lending pool with rigid rules defined by themselves, TRAVA creates a marketplace in which users can create and manage their own lending pools to start. That is a great innovation. Is there a maximum limit of lending pools that users can create? What benefits do users who create their own lending pool receive? Do users receive any kind of advice from TRAVA when creating their own lending pool?

Telegram Username
@ItsMelissa3
Melissa
Guest
Melissa

You have mentioned multiple times that the credit score is one of the most important features of Trava. What are the factors on which Trava relies to calculate the Credit score? Currently Trava’s focus is Credit Score, but will you offer other data analysis-based functions in addition to Credit Score to help users make precise decisions in investment or taking profits, decreasing loss or no loss?

Telegram Username
@ItsMelissa3
Melissa
Guest
Melissa

On the TRAVA finane platform there will be a pool governance. Will this pool be aimed at pool owners only? Will the pool owners be the only ones who will be able to suggest and make decisions, such as modifying the TRAVA Finance parameters or making decisions regarding the future of the project? Or will the entire TRAVA community, that is, those users who own the TRAVA token, also be able to participate in the governance?

Telegram Username
@ItsMelissa3
Miriam
Guest
Miriam

As part of your features,TRAVA evaluates credit scores for users.How does TRAVA considers a credit score to be good that may result in a borrower receiving a lower interest rate?Are there factors evaluated when calculating a credit score?What Credit Scoring model is TRAVA using in calculating credit score and what are the benefits of using TRAVA for credit score?

Telegram Username
@Cheriemike
Khefas Yashed
Guest
Khefas Yashed

Form a lending pool using trava will be allow users to borrow eth and got beth or will them borrow eth and pay as wrapped eth,IF cross eth and bsc chain, still the fees for transactions will be just the same?

Telegram Username
@Fadao
Kaushalya
Guest
Kaushalya

I can see several issues in your token allocation. You have allocated 22% of the total supply for marketing. What is the reason to allocate a considerable portion for marketing activities of a project? You have not allocated any funds for security purposes and platform development. Which funds do you use to implement security measures and to the developments of Trava Finance? Further, you have allocated 20% for the foundation, 10% for the team and 6% for the advisors. You have not mentioned any locked periods for these allocations. How do you assure that there is no risk of selling… Read more »

Telegram Username
@DK177
Emilia
Guest
Emilia

You had already opened the third snapshot named “TRAVA OLYMPIC FLAME SNAPSHOT” with 20,000,000 TRAVA in total reward. To add to the excitement, Trava will also host a game dubbed “CREDIT SCORE OLYMPIC”. Will you host a different game with each snapshot or is it just this time? how can we participate in those games?

Telegram Username
@Emidm28
Kaushalya
Guest
Kaushalya

According to your roadmap, you are launching the Alpha version of the knowledge graph in this quarter and the Beta version in the next quarter. Further, testnet will be lauched in the first quarter of 2022 and the mainnet in the second quarter. Could you please explain the features of the each version? Although you have a clear plan to develop the project, don’t you think prevailing pandemic situation may hinder the process? Your roadmap ends from the second quarter of 2022. Don’t you have any long term plans? Where do you see your lending marketplace in the next five… Read more »

Telegram Username
@DK177
Emilia
Guest
Emilia

I did read that TRAVA recommends the optimal parameters for pool owners to create and maintain their own pools. That is a huge advantage for users, as not all projects offer such recommendations. What are those parameters? Does TRAVA evaluate credit scores for users?

Telegram Username
@Emidm28
Emilia
Guest
Emilia

You recently mentioned that you will create a Trava’s tech support channel on Telegram to call support from the dev community and that you look forward to receiving our help. When will this channel be created and how can we participate? Is there a form to fill out with our data to apply? Is there an internal selection process?

Telegram Username
@Emidm28
Kath
Guest
Kath

A few weeks ago you commented that you will organize hackathons and reward programs that encourage the community to detect risks and help you to fix (if any). There are many members of the Satoshi Club community with the skills to detect these risks. What updates do you have regarding this? Have you thought about a possible date for the Hackathon?

Telegram Username
@KathDM
Kath
Guest
Kath

You mentioned that Pool owners can rate borrowers’ credit and eliminate fraudulent accounts. How will these fraudulent accounts be identified and how will they be removed? What tools does TRAVA offer to be able to identify these fraudulent accounts safely?

Telegram Username
@KathDM
Kath
Guest
Kath

As for the SamORAI Rank, there are four ranks: Conqueror, Hero, Master and Legendary. What are those ranks based on? How do you motivate each participant to reach their highest possible rank? What exclusive benefits do those who reach the Legendary rank have?

Telegram Username
@KathDM
Jose Gamboa
Guest
Jose Gamboa

Trava Finance is the world’s first decentralized marketplace for cross-chain lending. Between which chains will you be able to make loans?

Telegram Username
@josegamboac
Jose Gamboa
Guest
Jose Gamboa

TRAVA relies on 5 main factors to calculate the credit score, including: total assets, transaction history, loan ratio, outstanding assets, the last parameter is the reliability of owning assets. Can you tell us about these 5 factors to calculate the credit score?

Telegram Username
@josegamboac
Jose Gamboa
Guest
Jose Gamboa

What is the high credit score to the borrower? and what advantages do they offer?

Telegram Username
@josegamboac
John
Guest
John

To address the problems of NFT’s subjectivity and sentimentality for lending pools, you announced that you will integrate Oraichain NFT price feed and AI-Right’s NFTs to price NFTs in a trustworthy and objective manner. First, I will like to ask why you prefer to adopt Oraichain’s price feeds to optimize lending pools’ utilities rather than other oracles such as Chainlink? How will Oraichain solve the sentimentality accompanying the subjective nature of NFT valuation and pricing? In what way will this allow you to enable objective NFT pricing, avoid its price fluctuations and integrate NFT into the lending process?

Telegram Username
@Highpee
John
Guest
John

The TRAVA lending protocol is built on the structural data framework for storage which is known as “Semantic Cross-Chain Knowledge Graph”. What type of data are stored on the knowledge graph and what is the essence of having this storage layer? How is knowledge graph used to locate data entities and link them together? Also, since you said this knowledge graph can only be updated by validators, how are these validators selected and and how do they work collaboratively to eliminate redundant, nonessential and insecure data? What situations will require the knowledge graph to become update and how are such… Read more »

Telegram Username
@Highpee
John
Guest
John

TRAVA token will be listed on pancakeswap on the 5th of August but I gathered that you will are not going to have any strategic, private or public sale. Why did you decided not to have any private or community round sale before listing? From what time exactly will users be able to purchase $TRAVA from Pancakeswap? I also read that users will be able to farm $TRAVA not too long after you list. How can users become liquidity providers for TRAVA lending pools and where will farming be done? Lastly, apart from $TRAVA, what other tokens will your pool… Read more »

Telegram Username
@Highpee
orlemys
Guest
orlemys

You’ve said that Trava performs blockchain data analysis to decrease risks for all users. Would you tell us the specifics of this technology? Was it developed by your team specifically for this project? How exactly does it reduce risks, what are the parameters? What formula did you use? Are there different formulas for the analysis of the different features? I mean a different formula for the optimization of the pool parameters, and the credit score calculation, etc? How does it work exactly?

Telegram Username
@orlemys
orlemys
Guest
orlemys

According to what I read in your Medium article, your recent partnership with DFYN will let you make use of their upcoming multi-chain AMM infrastructure and Router Protocol. There also seem to be big benefits for both sides, and also for investors. What I’m curious about is if this will be your only partnership in relation to cross-chain technology. As we know, cross-chain can be tricky to master, so having multiple partners with all different strategies would be most beneficial for users. Do you have any plans for more collaborations in the future? If not, I’d like to know, about… Read more »

Telegram Username
@orlemys
Promzy
Guest
Promzy

How will Oraichain solve the sentimentality accompanying the subjective nature of NFT valuation and pricing? In what way will this allow you to enable objective NFT pricing, avoid its price fluctuations and integrate NFT into the lending process?

Telegram Username
@PromzyA
nadir
Guest
nadir

One of the very recent partnership announcement of Trava is with Dfyn. Dfyn is a multi-chain Decentralized Exchange which has a node on Polygon Network. When you consider this, can you please tell about some reasons of having this partnership? Why did you specifically chose Dfyn as a partner and how will Dfyn contribute to Trava project in your opinion?

Telegram Username
@xperia3
nadir
Guest
nadir

Can you please explain the Credit Score Evaluation feature of Trava? How will you manage this evaluation? Do Trava plan to use the existing credit score evaluation technics from the traditional banking system or will you use it differently? Will it be fair and at the same time accurate?

Telegram Username
@xperia3
nadir
Guest
nadir

It is possible in Trava Finance to use lending in collaterals including NFTs. Can you please explain how will this work with NFTs? NFTs are not fungible, so according to which value or currency lending process will be proceed?

Telegram Username
@xperia3
Captain Price
Guest
Captain Price

”Trava platform helps its users to create their own risk maps by creating their credit scores” Which parameters or system do you use to achieve this? Do you have a program, video or advisor on your platform that can help users make decisions based on Data analytics?

Telegram Username
@captainprice111
Captain Price
Guest
Captain Price

One of the features of Trava Finance is Credit score assessment. How does the evaluation of the credit score take place on your platform? How can we have a high credit score? What advantages or disadvantages does it provide if the creditor has a high credit rating and a low credit rating?

Telegram Username
@captainprice111
Captain Price
Guest
Captain Price

Can you share what the results of the 2nd Snapshot are for the TravaStakingProgram? You recently opened your 3rd Snapshot named “TRAVA OLYMPIC FLAME SNAPSHOT”, can you give us more detailed information about it? Are there any limits or conditions to participate?

Telegram Username
@captainprice111
Isabella Black
Guest
Isabella Black

Trava Finance is a project closely followed by those interested in cryptocurrencies and the financial sector, but how do you intend to explain your project to communities and people who have nothing to do with cryptocurrencies? Is there a video or advisory to guide a non crypto user?

Telegram Username
@isabella_blackk
Gini
Guest
Gini

Credit score assessment is one of Trava Finance’s functions. So, how does credit score evaluation work in your platform? What factors contribute to a good credit score? What are the benefits of a creditor with a good credit score, and what about a creditor with a low credit score?

Telegram Username
@Giniwhite
Nikol
Guest
Nikol

At TRAVA FINANCE, any collateral type, including NFTs, can be used as collateral for any currency. How can NFTs serve as collateral for any currency if they are not fungible? The quantity of currency that may be lent is determined by the current price of the NFT.

Telegram Username
@Niko518
Genesis Blanco
Guest
Genesis Blanco

Users may always make a lot of money in the early stages. I’m really excited. Is there a scheme in place at Trava to encourage users now and in the foreseeable future? Can you tell me a little bit about the prize?

Telegram Username
@Gbasdfg
Prof Rz
Guest
Prof Rz

As a part of the #TRAVA community. I’ve taken part in the AMA with you numerous times. Aside from the AMA, where might #TRAVA be marketed to increase its popularity? and How will you build strong bonds with the community?

Telegram Username
@Prof_Rz
SEN
Guest
SEN

I was reading about you and I realized that you have a credit score evaluation system, so can you explain us how can we obtain a high score and the benefits associated to it? Also what happen if an user have a low score?

Telegram Username
@Tony253210
Manugotsuka
Guest
Manugotsuka

During these days, be a Multi-chain platform is an obligation to be considered a competitive project, so can you explain who how many chains are you able to support?

Telegram Username
@Manugotsuka
Nhairy
Guest
Nhairy

Trava distributes tokens with a long-term vision and sustainability for the project, which are its strategies to generate liquidity and keep its funds financially stable, as well as Trava hopes that users can evaluate TRAVA.FINANCE as a project that provides the best solutions with a vision. In the long term, how would your team self-assess your performance, integration, perseverance and entrepreneurship in the complex crypto market, and what can be the risks of owning a multiple crypto wallet?

Telegram Username
@nhairym
Nhairy
Guest
Nhairy

What are the main benefits that Trava receives from the DeFi space, your project has a characteristic so far I could say that it is exclusive that it is to be able to value the NFTs, then, that means that despite being Non-Fungible and illiquid, Trava can receive them as guarantees to receive loans, auctions and will receive the same conditions of fungible digital assets, what are the aspects that affect the value of the NFT according to Trava protocols?

Telegram Username
@nhairym
Nhairy
Guest
Nhairy

As the Trava protocol allows ANONYMOUS users, as is the verification process of these users, Trava handles a large amount of financial information of its users, how it handles and safeguards it to ensure 100% confidentiality, transparency and security that are essential aspects that every project must offer?

Telegram Username
@nhairym
Ariana
Guest
Ariana

Trava gives to users the freedom to create and manage their own lending pools to start a lending business. However, here comes another obstacle: many users want to enter the world of lending but have no idea how it works and the risks associated with this type of pool. In this sense, what educational functions and guides does Trava offer to offer less experienced users? How do you create a lending pool on your platform from zero?

Telegram Username
@Arisabela
Ariana
Guest
Ariana

I was reading on your website that you use a semantic knowledge graph that works like a distributed ledger. Can you explain in simple words what this mechanism is about and what advantages it has for your users?

Telegram Username
@Arisabela
Jose Silva
Guest
Jose Silva

It is no secret that there are several platforms and projects that have implemented reward programs to encourage the community to detect bugs and vulnerabilities in their platforms, knowing this, Trava Finance has a proposal like this, tell us a little about your security strategies, how do you guarantee the protection of the project and your users, have you been attacked, do you have any protocol to avoid attacks?

Telegram Username
@jodasf
Jose Silva
Guest
Jose Silva

I understand that TRAVA FINANCE allows users to use special assets such as NFT or stock tokens as collateral, but could you please explain how these collaterals work, how to determine the value of these or what steps should we follow to validate these assets for example?

Telegram Username
@jodasf
Ysabel
Guest
Ysabel

on its website Trava Finance mentions Credit Score Evaluation, which indicates that based on the knowledge graph, TRAVA assesses users’ credit scores. So, how is the credit score evaluation done on your platform, what are the bases for having a high or low credit score, what are the advantages for the creditor if he has a high credit score and what about if he has a low credit score?

Telegram Username
@ysasoma
Ysabel
Guest
Ysabel

The community and partners are important because they determine the success of a project, in the case of Trava Finance, what marketing strategies do you have planned to increase the validity of Trava to the public and attract users and alliances, do you have any plan to get partners to allow you to level up, is this an important point for you?

Telegram Username
@ysasoma
alice
Guest
alice

To identify all wallet addresses of the same user across multiple blockchain networks, TRAVA employs the cross-chain identification protocol. Wouldn’t that be a breach of privacy? Who does this information go to or where is it published?

Telegram Username
@alice_wonderland12
Ross
Guest
Ross

TRAVA bills itself as the first decentralized lending marketplace in the world. What distinguishes it as a purported pioneer in this field?

Telegram Username
@Rosane1a88
Shinchan
Guest
Shinchan

Trava Finance mention that you will focus more on potential and dynamic markets such as India, Arab countries or Korea. Therefore, can you explain why focus mainly on these regions of the world? Is the project not intended to be global in scope?
Is your project a global or local project? And what is your plans to spread awareness about your project globally?

Telegram Username
@Shinchan_O_P
Shinchan
Guest
Shinchan

Regarding Trava’s whitepaper, I saw that TRAVA performs cross-chain data analysis on multiple blockchain networks to recommend optimal pool parameters and detect unusual transactions, can you tell me how this analysis is executed and how often? What makes this analysis reliable?

Telegram Username
@Shinchan_O_P
Shinchan
Guest
Shinchan

TRAVA offers a flexible mechanism in which users can create and manage their own lending pools to start a lending business. Can you please elaborate to us how thks lending pool work?What are the steps and requirements to able to lend in Trava?Do you have a way of involving Community members to participate actively in project apart from GOVERNANCE?

Telegram Username
@Shinchan_O_P
javisubs
Guest
javisubs

Greetings Trava.Finance seeing its introduction generated the following question regarding the loan parameters, referring to the fact that they are capable of offering more parameters than other projects, what would be the parameters that Trava.Finance offers to users? and thus achieve confidence in those users who join the project looking for that loan?

Telegram Username
@JaviSuBs™

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