AMA Satoshi Club x Y-5 Finance, February 10th

We are pleased to announce our next AMA on February 10th 2022 at 01:00 PM UTC Time: Satoshi Club x Y-5 Finance

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Y-5 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. Y-5 Finance Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Y-5 Finance

For more details:
Y-5 Finance Website – y-5.finance
Y-5 Finance Telegram – @Y5TOKENOFFICIAL1
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

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victor
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victor

Hello, Y-5 Finance’s Team! I saw that holders of your token Y-5, will receive 13% BUSD rewards automatically, but not only that, they will also be able to choose their rewards in the future. Could you give us more details about this reward system? Is there a min. amount of Y-5 we need to hold to receive this rewards? Most importantly, where will the income for this rewards come from? Will it always be a 13% BUSD or is it up to changes? How periodically will this rewards be sent to the holders? Also, you said holders will be able… Read more »

Telegram Username
@V1ct0r_26
Essence
Guest
Essence

Y-5 on your(Tokenomics) you did said is the core of the Y-5 ecosystem as it is designed a utility reward Token as well as a long term reserve asset and makes all the projects utilities and will be used as a means to sake, collect rewards and transact on the ecosystem as well as serves as an engage-to-earn-token, which incentives long term holders to use it for long-term profits making in terms of staking. Does it mean that it is only at staking could profits be make on Y-5? What is the lock period of staked Y-5 in your LP?… Read more »

Telegram Username
@Billz120
victor
Guest
victor

Hello, Y-5 Finance’s Team! I saw that Y-5 Finance has been built on the BSC, however I noticed that you have plans of creating your own chain, called the Y-5 Chain, but when it comes to it, I couldn’t find any information about it. So, could you please give us more details about this future Y-5 Chain? Do you plan to make it as a parachain of BSC, or as a whole independent blockchain? Whatever might be the case, please give us more information about it, and what expectations do you have for it? What do you aim to fulfill… Read more »

Telegram Username
@V1ct0r_26
victor
Guest
victor

Hello, Y-5 Finance’s Team! I saw on your twitter account that your team landed on Gibraltar a few days ago, because your key goal is to become the first regulated exchange in Gibraltar. So, could you please give us more details about how these plans are going? I was curious, why did you focused on Gibraltar specifically, is there any particular reason for it? On another note, I was wondering, do you have plans on trying to reach other countries with crypto regulations and laws such as China, Colombia, Qatar or Rusia as well as you tried to do it… Read more »

Telegram Username
@V1ct0r_26
Moses Alexander
Guest
Moses Alexander

From your white paper, you mentioned that The KYC(know Your Customer) is the most frequently used measure amongst other measures used to protect customers against data theft and fraudulent behaviors. Can you elaborate more on how the KYC works as a measure to protect customers or users against data theft or other fraudulent behaviors on the Y-5 eco-system? What are other security measures you’ve put in place to counter cyber attacks in case they were to be any attempts by fraudsters to steal customer digital data and what are their individual significant impact as they serve as security measures in… Read more »

Telegram Username
@Modrumz120
Dani
Guest
Dani

The Y-5 token was predicated upon a redistributive philosophy that seeks to reward holders for their loyalty to the project and platform. What makes Y-5 singular in its ability to generate value is that it’s the first reflection token to operate using five different yield generation sources. Y-5 will initially reward 13% in BUSD. The Y-5 management have a long term strategy to create an ever ending yield generating ecosystem. You’ve planned to do this by creating your staking pools, play-to-earn games. Primarily configured to redistribute wealth and ownership to the Y-5 community, Y-5 will be able to adapt to… Read more »

Telegram Username
@Danniblaiz
Abdulmajid
Guest
Abdulmajid

It was stated on your Medium that Y5 Finance is set to becoming the first regulated crypto exchange with tokenomics, …… well I’m quite astonished by these development, but Its known that Some Regulations can be good or bad depending on the specifics of the regulation and the overall number of regulations, & One of the largest threats to cryptocurrency is over-regulation of the industry, regulations that put too many burdens on individual investors could cause many to not want to get involved with cryptocurrencies or exchanges as well. I would like to know about the Areas, Limits & Specifics… Read more »

Telegram Username
@thisistoyin
Abdulmajid
Guest
Abdulmajid

I saw that Y5 Finance Carried out A Loyalty Program weeks ago which Stated that “If you buy the Y-5 token before the 15th January 2022 and hold them until the custom reflection dashboard. You will be eligible for the 10% airdrop, and the 10% airdrop tokens currently have a value of over $3M USD., knowing that this Opportunity has already elapsed, i would like to know if you have any Intentions of Hosting another LOYALTY PROGRAM for most people who weren’t Aware and Opportune enough to participate in the Airdrop. What other incentives do you have in place to… Read more »

Telegram Username
@thisistoyin
Abdulmajid
Guest
Abdulmajid

I understand that After a successful relaunch, you proceeded to start our aggressive marketing campaign. & This includes advertising in over 500 crypto-related websites as well as generic Poocoin and social media advertisements, & you also said that you will continue to push your marketing on all fronts, as well as introduce alternative marketing…please i would like to know if you have Brand Ambassadors that compliments your Platform, or have an Ambassadorship programs going on, because Having a well-defined process helps companies onboard and work with ambassadors effectively. Thank you

Telegram Username
@thisistoyin
Sanyaolu
Guest
Sanyaolu

The fact that the Y-5 platform is community driven and seeks to reward the community based on their loyalty to the project’s development is a very good strategy. That being said, What sort of tasks will users/community have to perform before they get rewarded? How will Y-5 access the community’s involvements in the project’s development? how will the metrics be updated to ensure that rewards are distributed appropriately? In conclusion, what role does the Y-5 token play in this system?

Telegram Username
@jameslekan664
Moses Alexander
Guest
Moses Alexander

I learnt that The The Y-5 token is forked from the Binance Smart Chain in order to build an intertwined digital economy that is owned and governed by its participants while providing guaranteed dividends to token holders. I’m curious to know, Can you please tell us what made you chose to work with the binance smart chain network? Are there certain benefits which the Y-5 token users benefits from as the Y-5 token eco-system is forked from the binance smart chain and What are these benefits?Thank you.

Telegram Username
@Modrumz120
Meta_Mate
Guest
Meta_Mate

Y-5 Finance is dedicated to a democratic governance model claiming that it will propagate on-chain transactional fees by assigning the accumulated funds to token holders based on their current wallet holdings. Holders will be able to claim their rewards through the reward dashboard, which will launch in line with the token. So, should the token holders stake original token or it is enough to hold it on the connected wallet? How the reward system itself will functionalize – the rewards are done in original token or any other token airdrops? Thanks in advance!

Telegram Username
@Meta_MateX
Onwubuche Nkemjika Princess
Guest
Onwubuche Nkemjika Princess

I fell sad for just hearing about Y-5 Finance, I can’t believe I missed the offer to buy the Y-5 token before the 15th January 2022 and hold them until the custom reflection dashboard and you will be eligible for the 10% airdrop, *please my question is, will there be such opportunity again*?. At least to favour new investors.

Telegram Username
@jojoandyy
Onwubuche Nkemjika Princess
Guest
Onwubuche Nkemjika Princess

The KYC that was mentioned in your white paper, will it be open to all county?

Telegram Username
@jojoandyy
Junior ||
Guest
Junior ||

The majority of DeFi tokens have a fixed reward system but I noted that the Y-5 smart contract protocol fosters what is known as “reflections”, a concept that Y-5 will take further by offering five reflections, and ultimately offering the holder to choose which tokens they wish to get reflections in. Can you fully elaborate for clarity on the concept of “reflections” in Y-5 and how it works? Can you also explain on the five different reflections which Y-5 will offer to its token Holders? Lastly, can you share on some of the tokens in Y-5 which Holders can choose… Read more »

Telegram Username
@iceVermithraxx
Junior ||
Guest
Junior ||

I noted that what makes Y-5 singular in its ability to generate value is that it’s the first reflection token to operate using five different yield generation sources. Can you briefly explain on the five different yield generation sources which Y-5 first reflection token operates on? Can you also elaborate on the redistributive philosophy that Y-5 token seeks to reward its holders for their Loyalty to the Project and Platform? What are the requirements for holders to be enable to receive rewards for Loyalty to the project?

Telegram Username
@iceVermithraxx
Meta_Mate
Guest
Meta_Mate

There’re currently a lot of DeFi projects evolving and each of them tries to pick a part of the audience by bringing more and more authentic features. Besides farming and staking that are expanded widely and can be seen with any DeFi project what makes Y-5 Finance special or can offer more competitive conditions to potential users? Thanks in advance!

Telegram Username
@Meta_MateX
John
Guest
John

Recently, you announced the hiring of a part-time marketing manager and also hired a freelancer to develop a P2E game for your ecosystem use. Since it appears these individuals are drafted in to work on a particular project area on a temporary basis, can you explain why this is so and how you will ensure that these individuals will be able to deliver in corporate brand building? Rather than going for a freelancer to develop critical aspect of a project such as a play-to-earn game, Why are talented users not drafted to be part of the permanent core members of… Read more »

Telegram Username
@Highpee
John
Guest
John

Looking at your roadmap, I saw that you plan to launch two stable coins (Y-5GBP pegged to Pounds and Y-5USD pegged to the United States dollar) and a blockchain (Y-Chain). Can you explain why you are creating two separate stablecoins pegged to two different fiats at thesame time? What types of stablecoin will this be and what collaterization method will these stablecoins use to ensure capital efficiency and dependable 1:1 fiat stability? Also, why is a separate blockchain needed and what unique features will it have? How will it address the present day blockchain challenges in the area of scalability,… Read more »

Telegram Username
@Highpee
John
Guest
John

Your project is just some few weeks old and I am excited that you have already started DAO governance. Studying your governance model, for any user to initiate a proposal, such user must have 500 billion $Y5. This condition seems quite high and may be a set back to an average users who may have a valid and useful proposal to submit. I went through your proposals and the highest votes gotten on any of the proposal so far (both active and closed) is 28 votes which is far below your community size. Why do you set this threshold for… Read more »

Telegram Username
@Highpee
Rotoxy
Guest
Rotoxy

Your project has been witnessing a repetitions of attacks across your social community. Also, some transactions have been exploiting your contract for rewards. I will like you to brief us on this development. Why is your project subjected to many attacks and why has it gotten several negative reception from users/competitors? Why is it so easy for users to manipulate your contract to sell more than what is coming in, which allows some sellers to benefit unduly from the selling reflection reward and why do you design a reflective rewards mechanism for sell? Since part of your solution is to… Read more »

Telegram Username
@Rotoxy
Ukoha Kingsley
Guest
Ukoha Kingsley

The lack of liquidity in majority of exchanges which causes losses to token holders and Investors,has been a long lasting challenging problem for investors and token holders. This has been a great discouragement to token holders and Investors.
So, how does the Y-5 Finance team intend tackling the above problem?
Are there Mechanisms layed up to bring a safe Defi experience to users?
And in what ways would the Y-5 Finance decentralized exchange platform help bring back confident and trust to token holders and Investors?

Telegram Username
@kizzochi
Ukoha Kingsley
Guest
Ukoha Kingsley

According to the note on the whitepaper: it said, your whitepaper will be updated regularly in line with the future of the project. Please if I may ask sir, what is the anticipated future of the Y-5 Finance project?And how do you intend beating the volatile nature of the market, and still meet your goals?

Telegram Username
@kizzochi
Miriam Michael
Guest
Miriam Michael

One of Y-5 token utilities is Staking against your Liquidity Algorithm,whereby users can stake a percentage of their tokens as a way to gain access to up-and-coming projects that may wish to add as a reward token at a later stage.So what is the exact % to stake against your Liquidity Algorithm?After staking,if a Y-5 holder wishes to withdraw the staked token will that be possible?And what minimal downside will the LP algorithm holds when staking the LP token,resulting to what benefits?You also mentioned that the staking periods will work in cycles and can be set to automated compounding.Can you… Read more »

Telegram Username
@Cheriemike
Miriam Michael
Guest
Miriam Michael

I notice that Y-5 will build its own NFT Marketplace ,where NFTs owners will have to borrow against their NFTs as a competitive rates without needing to sell their NFTs first.So what are the different factors that you consider that will make an NFT given out at a competitive interest rate?And will you take a % cut of the interest earned on every loan by lenders,and does it make anything on a default?And also by using your marketplace, anybody may purchase and sell NFTs in a variety of ways.So can you highlight the different ways users can either sell or… Read more »

Telegram Username
@Cheriemike
sqleinstein
Guest
sqleinstein

Question 1) No matter how many new investors complain, will you keep your promise to uphold the 10% loyalty airdrop as stated to early pre 01-15-2022 investors.
Question 2) How can Y-5 build a regulated exchange within the Binance Chain? And why have you chosen to release the first version of the exchange before releasing y-5Chain.
Question 3)Once staking is implemented how will you protect Y-5 investors from staking contract exploits.

Telegram Username
sqleinstein
Mudara
Guest
Mudara

You will be launching a “tokenomics exchange”. Although I am familiar with cryptocurrency exchanges, I have never heard about a “tokenomics exchange”. Can you give us a sneak peek of this platform? Compared to normal exchanges, how does it differ? We all know that traders can buy/sell coins and earn profits on cryptocurrency exchanges. What is the use of your “tokenomics exchange”? As traders and investors, how can we use it? Are you the first team to launch this type of exchange?

Telegram Username
@MudaraSilva
Mudara
Guest
Mudara

I am curious to know more information on your Liquidity Algorithm. I read that staking periods work in cycles. How many days are included in one cycle? If we set automated compounding, can’t we withdraw our funds at the middle of the cycle? Do you offer better percentages for users who prefer this automated compounding? Currently, I am earning as a Liquidity Provider on some platforms. Why should I add Y-5 Finance to my list?

Telegram Username
@MudaraSilva
Mudara
Guest
Mudara

Although you have mentioned that long-term holders can use your platform for long-term profit-making, I could not find any information on your long-term plans. Don’t you have a roadmap? What are your short term and long term goals? In addition to purchasing and holding your tokens, what are the other methods that users can choose to earn a long-term passive income?

Telegram Username
@MudaraSilva
Devanshi
Guest
Devanshi

While looking for information in your whitepaper, there will be implementation for staking method as another instrument for users to earn rewards for their holdings, Y-5 holders will be able to stake against your liquidity Algorithm whereby users can stake a percentage of their tokens. Can you give details on how the staking periods will work and is it possible to set automated compounding? How can the algorithm be effective to select new verified projects to stake against for users?

Telegram Username
@Right_clicK1
Devanshi
Guest
Devanshi

In the crypto market of today, it was noticed that not only hacking is the problem when it comes to centralized exchanges as users lack control over their cash/assets, but Y-5 prove that every asset belongs entirely to the holder including wallet funds and info, I want to ask that is there any aim to have your own decentralized exchange with tokenomics and a complementary wallet to promote full transparency? What is all about the building of auto-yielding for up to 5 tokens of user’s choice in the upcoming implementation contract of your farming feature?

Telegram Username
@Right_clicK1
Devanshi
Guest
Devanshi

It was explained on your website that decentralized platforms provide users with unprecedented levels of trust and information security and the data outlined on decentralized platforms isn’t controlled by one source, but multiple compare to centralized exchanges which are prime real-estate for cyberattacks, putting the value in your wallet at risk of being lost forever. Talking about security on your platform, can you explain your provision for comprehensive security measure to ensure consumer’s holdings remain in their possession because recognizing the vitality of wallet security is very important? How will you deal with restrictive policy that may result in a… Read more »

Telegram Username
@Right_clicK1
Michael McClain
Guest
Michael McClain

Y-5 is the future in crypto rewards tokens unprecedented never seen before with rewards project.We broke the mold get in guys

Telegram Username
Michael McClain
Nikola Gajic
Guest
Nikola Gajic

I saw an Y-5 Finance website that Y-5 Token holders will receive 13% of each transaction in BUSD automatically. The contract will be the main component and the main purchasing pair on all assets listed on our exchange. This reminds me of baby type of coins that were popular few months ago. From which holders get precent of every transaction. But people that are doing transaction are loosing even more than holders get. I personally think that this fee is very high and also I know that lot of other investors think similar. How would you make me and other… Read more »

Telegram Username
@najjaka
Rotoxy
Guest
Rotoxy

One of the utilities of Y-5 tokens is that holders will be able to earn profits by just Y for each of these tokens and for how long will the tokens be held? Are there any lock mechanism or penalties for withdrawal before farming maturity?

Telegram Username
@Rotoxy
Dani
Guest
Dani

Y-5 token is moving fast behind the scenes. You mentioned that we should Imagine binance, pancakeswap, pinksale, trustwallet/ metmask all combined in one easy turnkey solution for all our crypto needs. And after my imagination, I discovered that this is something really amazing and awesome in the sense that all the benefits of the mentioned individual platforms will be combined in a platform just like having DEXes and CEXes in one project, this will offer tokenomics and encompasses an all-in-solution for crypto enthusiasts. This is actually the goal of Y-5 Finance. While still going through your project, I discovered your… Read more »

Telegram Username
@Danniblaiz
Annas Hyu Zenzei
Guest
Annas Hyu Zenzei

Almost every investor holds the token for the short-term without understanding the long-term value. So, how can you ensure for us that holding this token is more beneficial for long-term and what is your plan to increase the demand and scarcity of the token?

Telegram Username
@HyukuramaZenzei
King
Guest
King

The first version of the Y-5 exchange will be ready in 5-6 weeks. And after that, you’ll be integrating the Wallet, Fiat on and off ramping, Stable coin Y-5GBP & Y-5USD, Token launchpad, NFT Marketplace, The Y-5 Chain and The V2 and custom reflections. A whole lot of work right? I know. Some of the above will be worked on in parallel and also you’ll be considering the community. Listening to the TG group you felt it was important for the community to have a voice. And as a result of this, you are also now a fully functioning DAO,… Read more »

Nikola Gajic
Guest
Nikola Gajic

When I saw that Y-5 Finance has 20% fee, I thought that there is no way that I will be buying it. But when I saw all things that are about to be launched and all work and effort team is putting into Project, I was instantly driven in and bought It. I know there is lot of investors that aren’t in projects with high transaction fees. What would you say to them who are curious about Y-5 Finance being good investment?

Telegram Username
@najjaka
Rozie
Guest
Rozie

Your Marketplace, which is based on BSC, will enable NFT owners to simply borrow against their NFTs as collateral at competitive interest rates without needing to sell their NFTs first. This implies that anybody can make substantial profits from their NFTs rather than having them simply sit in crypto wallets. Can you tell us more about your marketplace? Is your platform Flexible for the purchasing and selling of NFTs? Can you tell us about the minting tool of your market place ?

Telegram Username
@Rozielyna
Rozie
Guest
Rozie

Your airdrop (100T tokens) is meant to take place before the custom dashboard release, and from what I saw investors who purchase before 15th January will be eligible for the airdrop. Does this mean that users can no longer participate in the airdrop since 115 January is already behind?Let’s say I want to participate, is it still open and what are the requirements for participate in the airdrop? Will all holders benefit from the airdrop? Do you have conditions in place before benefiting from the airdrop? When will the airdrop be distributed? What is the loyalty program all about and… Read more »

Telegram Username
@Rozielyna
Rozie
Guest
Rozie

Y-5 is a community-driven project, therefore constantly evolving. The team is committed to staying ahead of the market with new technology and utility. Y-5 will be constantly evolving and searching for market-leading utilities and use cases. What makes Y-5 platform unique and different from other platforms? What are the security measures to ensure safety of users holdings and ensure that their holdings remain in their possession? You mentioned that you are actively hiring: Blockchain, Solidity, Crypto Developers, Graphics Designers. Is it still ongoing? How can I apply and What are the requirements needed to Apply?

Telegram Username
@Rozielyna
Nhairy
Guest
Nhairy

Will Y-5 token holders really receive 13% of each transaction in BUSD automatically with what they have offered or will this percentage be conditioned to other situations, how efficient will their Yield Farming, staking and liquidity algorithm systems be?

Telegram Username
@nhairym
Nhairy
Guest
Nhairy

Do you consider that as the Y-5 token has the financial and technological strength to face its most experienced competitors, they are prepared to respond to possible attacks and external threats, which could be defined as their strongest characteristic, is Y-5 really ready to explode in 2022?

Telegram Username
@nhairym
Nhairy
Guest
Nhairy

Tell us about the redistributive philosophy on which the origin and development of the Y-5 token is based, what can you tell us about the five different yield generation sources with which your reflection token operates, considering the current market conditions, which are And would it be the mechanisms that would allow it to maintain itself in the long term and possess a truly futuristic essence?

Telegram Username
@nhairym
Jesus Freites
Guest
Jesus Freites

I read on their website that The Y-5 management team has a long term strategy to create a never ending performance generating ecosystem. My question is, what are the strategies you will implement to achieve this goal? How will you manage to become the first regulated exchange to offer tokenomics? Is your team well qualified in the risk and compliance sector to be able to achieve this goal efficiently? Thank you!

Telegram Username
@JesusFre1tes
Jesus Freites
Guest
Jesus Freites

I understand that Y-5 Finance is primarily configured to redistribute wealth and ownership to the Y-5 community, whose plan is to lead from the front in all futuristic public services. But, as The creation of the Y-5 chain will allow them to build the tokenomics exchange, as well as reset network fees and become a 100% self-sustaining ecosystem? Creating real long-term wealth for the community is a big challenge, what are your strategies to achieve this? Thank you!

Telegram Username
@JesusFre1tes
América
Guest
América

Going through the Liquidity Algorithm of Y-5 where Y-5 holders will be able to stake against your liquidity algorithm. In order to gain access to up-and-coming projects  that they may wish to add as a reward token at a later stage, how many percentage of tokens will users be able to stake? Apart from farming and staking , is there benefit for holding Y-5 token?

Telegram Username
@America_Jose
América
Guest
América

Your plan is to become the first regulated exchange that offers tokenomics and encompasses an all-in-solution for crypto enthusiasts but recently, you stated it on your Twitter page that there are three advantages of Y-5 that serve as main strength of this project which you give the link to where we can get the information but unfortunately the link is not going through. Can you publicly explain to us on here the three advantages we can benefit from? Also I discovered that the rewards dashboard is not working, what us the latest development abou it?

Telegram Username
@America_Jose
Rыs'ka
Guest
Rыs'ka

One of the benefits for Y-5 token holders is that they will automatically receive 13% of every transaction in BUSD. Why was such a percentage and BUSD chosen? How can I connect to this feature now? Do I just need to hold Y-5 in my wallet or do I have to register my wallet address somewhere? Can you please tell us how else there are privileges and benefits for Y-5 holders?

Telegram Username
@NataliyaKil

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