PART 1. Introduction of ENEX project and community questions.
Hello, Satoshi clubbers and guests of this site. Get ready for an interstellar space journey with Commander ENEX.
ENEX.SPACE Trade, earn, issue, and raise with uncompromising security and extremely low fees at the new DeFi platform Connecting Multiple Blockchains.
The plan of AMA session:
- Part – Introduction and preselected questions.
- Part – Live questions
- The Quiz about ENEX
The reward pool is 500$
Leading the AMA our clever and fun admins:
Mary | Satoshi Club – @madamlobster
Andrés M. | Satoshi Club – @AndresM77
The Representative of the project:
Mike Sayfuller – @Sayfuller – Mike Sayfullin Founder Enecuum Network, Trinity LAB.
Roman – @Rst11 – Roman Bashlaev, CMO of ENEX.SPACE and Enecuum network
Introduction of ENEX project.
Andrés m. | satoshI club:
Our guests today are @rst11 and @sayfuller! Welcome to satoshI club😃
Mike sayfuller:
Hello community!
Roman:
Hello all! Glad to be there
Mary | satoshI club:
Hello, Mike! Happy to see you here 👍 Roman, welcome to SatoshI Club 😀
Roman:
Thank you!
Mike sayfuller:
Pleasure to be here!
Andrés m. | satoshI club:
It’s our pleasure, how is going your day guys?
Roman:
It’s crazy time before ENEX doble IDO!
Andrés m. | satoshI club:
Really? How many days left?
Mary | satoshI club:
Wow! We will have more questions about IDO later 😀
Roman:
Our IDO will be from 26 to 28 of april
Platforms are Zeedo and CyberfI Samurai
Mary | satoshI club:
That’s really exciting 😄 but let’s start with intro 😄
Roman:
Short intro of ENEX:
Mary | satoshI club:
Guys, please introduce yourself and tell us more about ENEX!
Mike sayfuller:
My name is mike Sayfullin. I am in crypto since 2017
Roman:
My name is Roman Bashlaev, i’m CMO of ENEX.space and Enecuum network
Andrés m. | satoshI club:
Amazing video
Mike sayfuller:
We were developed Enecuum network from scratch. From November 2020 we start research AMM DEX , based on Enecuum l1
Mary | satoshI club:
How old is Enecuum network? 😄
Roman:
So ENEX is the first DeFI platform powered by Enecuum network and developed by trinity lab
Mike sayfuller:
ENEX.space include all best practices from existing AMM DEX like Uniswap, Sushiswap, Pancake and DODO
We are building DeFI platform with AMM DEX, farming functionality, drop station, IDO, and NFT marketplace.
Mary | satoshI club:
Wow, you really choose the best experience 😄
Andrés m. | satoshI club:
All in one👏
Roman:
The main net launched in 2020
Mike sayfuller:
MVP will be launched next week in a test net environment
Mary | satoshI club:
So close 😄 we will be able to test, right?
Roman:
Our test network is available to everyone, so welcome
Mary | satoshI club:
Oh, you already answered 😂
Mike sayfuller:
Yes. Next week
Mary | satoshI club:
I mean, do we need to subscribe somewhere, or it is free to use for everyone?
Mike sayfuller:
So next week will be super busy for all our team
Roman:
It will be free to join and test MVP
Mary | satoshI club:
Sure👍
Roman:
We will announce in our official channel – how to join it, but a bit later.
Andrés m. | satoshI club:
Great opportunity for our members🥳, btw we have collected some community questions, are you ready to proceed?
Mike sayfuller:
Sure.
Preselected questions about the ENEX.SPACE DeFi project.
Andrés m. | satoshI club:
Q1 from telegram user @winner_don
I have been following your private round and well it is presently going well. You have also planned a round for the public to be held April 28th on Zeedo. I checked the platform and noticed the IDO will be in two-part; the ETH’s and the BSC’s. Does that mean the $enx token will be available in both the eth and the bsc blockchain. What else can you tell us about the IDO? There is also a place on the website that requires we typing our Gmail for whitelisting. There are no other further instructions about that. What else is required after inputting our email?
Roman:
Well, it’s a good question!
Enx token will be available only in eth’s. Our IDOs will be on 2 platforms.
Zeedo IDO
—total sale: $115,500 USDT
—pop (proof of participation tickets): total 20,000, 10,000 on zee/eth staking and 10,000 on ZEE/BSC staking
—total winners: 766, 383 on zee/eth staking, 383 on zee/bsc staking
—$enx tokens per ticket: $150 $enx
—price of $enx token: $0.55
—period: April 26-28
CyberfI samuraI IDO
—total sale: $115,500 usdt
—total winners: 415
—$enx tokens per ticket: $287.50 $enx
—price of $enx token: $0.55
—period: april 27-28
All rules of platforms you can find via the links above. And all announcements will be on our news channel: https://t.me/ENEXspace so to keep up with all the latest news – just stay tuned!
Andrés m. | satoshI club:
Is there a minimum purchase of tokens for each user?
Roman:
One ticket – $150 for Zeedo and $287,5 for samurai
It will be the lottery format, to take part in IDO you have to stake native platform tokens, read more about the rules at the links
Andrés m. | satoshI club:
Sure, thank you roman.
Mary | satoshI club:
But later users will receive $enx tokens which are issued on Enecuum network, right? Or how this will work for those who will be lucky to buy?
Roman:
Users receive ENX erc-20 and it will continue to exist after starting AMM DEX, but will add enx to the Enecuum network. Users will use ther erc-20 tokens without any problems on DEX because of cross-chain bridge
Those who will be lucky to buy enx can start trade it on Uniswap and we are going to list it on some CEX in the nearest future
Mary | satoshI club:
Very clear! Thank you! Ready to proceed?😄
Roman:
Of course.
Andrés m. | satoshI club:
Time to know more about Enecuum😃
Andrés m. | satoshI club:
Q2 from telegram user @cryptofollower
ENEX is the first DeFI platform powered by the Enecuum network. And Enecuum allows regular mobile and desktop devices into the blockchain to be a part of the global blockchain network. It even has a mobile master node for android users. What are the advantages of the Enecuum network that provide a reliable platform for users and made you choose it for building an ecosystem on the ENEX?
Roman:
Thank you, good question!
This is Enecuum nodes map. It’s completely decentralized. The second is very low fees – transaction fee is 0,1 ENQ
Mary | satoshI club:
As I understand the fee is fixed?
Roman:
Yes. Because of the consensus algorithm – Enecuum is a secure and scalable network
Andrés m. | satoshI club:
Has it been audited?
Roman:
It’s in the process now.
Mary | satoshI club:
If ENQ price will rise? For now, 1 ENQ price is 0.19$, but as I see it doesn’t have big supply – after this 0.1 ENQ won’t be cheap
Roman:
We have plans for introducing governance to the Enecuum network to solve problems like that, and a part of our team is working on it.
Andrés m. | satoshI club:
Thank you for the answer, ready to proceed with the next question?
Roman:
Yes, let’s move.
Andrés m. | satoshI club:
Q3 from telegram user @neverencryp
You have something you called a space station on your platform, which is a mechanism for distributing a certain amount of enx over enx shareholders. I would like to know the reason it is called a space station, what are the requirements before you can be qualified to receive any token from you. Is this space station a form of staking or there are more to it I don’t understand?
Roman:
The space station in this case is one of the main objects in space. As part of our positioning of the space theme, this was the name chosen. When users make trades on the ENEX.space a 0.35% fee is charged. 0.05% of this fee is added to the space station in the form of lp tokens for the relative pool.
You can see the space station role.
Andrés m. | satoshI club:
So, what are the other benefits for ENEX holders?
Mary | satoshI club:
We will need to stake enx, right? No special benefits for ordinary holders?
Roman:
At the beginning – it will able you to get more rewards from each trade. Later we are thinking about governance properties for the token.
Also, you will be able to trade ENX on DEX and CEX
Mary | satoshI club:
Got it! Thank you! Ready to jump to the next question?
Roman:
Ok!
Andrés m. | satoshI club:
Q4 from telegram user @h1drx
In your medium, I noticed that ENEX is built on the Enecuum blockchain whose purpose in DeFI is unique and special since Enecuum allows each smartphone owner to be part of its global network. As a result of this, I am intrigued to know why you decided to build ENEX on the Enecuum blockchain, what benefits can you gain from this?
Roman:
Well, the answer is close to the answer to question 2
Roman:
Security decentralization low fees
Mary | satoshI club:
Yes, it’s a bit similar 😀 I wanted to ask you if you can show us your tokenomics?
Roman:
ENEX or Enecuum?
Roman:
Also, I can tell you about the issue of token in the Enecuum network, but this is more in the context of “why the Enecuum network needs AMM DEX platform”)
Andrés m. | satoshI club:
ENEX, please
Roman:
ENX Token Distribution tabe👆
You can read more via the link: https://enex.gitbook.io/enex-space/tokenomics
Mary | satoshI club:
Thank you! We will DeFInitely read this article!😀 Ready for the 5th question?😀
Roman:
Yes
Andrés m. | satoshI club:
Q5 from telegram user @andrey_seleznov
HI ENEX!
With each transaction, users will pay the transaction fee of 0.1 $ENQ to the Enecuum network. This means all custom token creators will have to set their fees higher than 0.1 $ENQ to cover the platform fees. If the $ENQ price grows do you have a plan on how to decrease the platform fees? I also wonder what will the fee be primarily used for, further development of the platform? What exciting new features are you planning to add to the platform in the future?
Roman:
If we are talking about native token – users pay 0.1 ENQ for each transaction. And yes we will implement a governance model to have the possibility of changing the commissions
When we are talking about custom tokes the commission structure is the other:
Mary | satoshI club:
When you plan governance implementation?
Roman:
It is currently under active development and I can’t give details.
Roman:
Here’s an example of how it works:
-carol creates her custom token CRL. She sets her transaction fee type to fixed. She also sets the fee amount to 1 CRL. Carol pays the fee in ENQ to the Enecuum genesis address for the token creation.
-Alice sends 10 CRL to bob. She pays 1 CRL fee to carol. Bob receives 10 CRL.
-carol pays 0.1 ENQ fee to the Enecuum genesis address for the transaction that Alice sent.
So Alice should care about ENQs to pay a fee – she pays it in CRL
Mary | satoshI club:
Ok, we will wait for the announcement😀
Roman:
All our plans with Enecuum you can find in road map https://enecuum.com/roadmap
Great, trust us – we’ll make you happy.
Mary | satoshI club:
Sure!👍 We will!
Andrés m. | satoshI club:
Could you tell us more about sharnell 2.0?
Roman:
It would be better if I connect our CTO to answer this question. Add pls @Konstantin_zhidanov as admin.
Andrés m. | satoshI club:
@madamlobster, please. Meanwhile, would you like to take the 6th question?
Mary | satoshI club:
Added😀
Roman:
We can move step by step 😀
Mary | satoshI club:
@Konstantin_zhidanov welcome here 😀
Andrés m. | satoshI club:
For sure 😃
Mary | satoshI club:
While Konstantin is preparing his answer we can move to the 6th question😀 Right?😀
Roman:
Let Konstantin finish an answer😊
Konstantin zhidanov:
HI all! At the moment there are only embedded smart contracts in Enecuum, like staking and so on. As soon as SDK released, any user will be able to deploy custom contracts. Unlike EVM, they will be not turning complete, and it will be more like a set of basic operations with the possibility of combining them. So, it will be unbelievably easy to create DeFi (auctions, farms, shares, etc) or gaming applications.
Andrés m. | satoshI club:
Thanks for the answer Konstantin and welcome to the AMA. Btw, would you like to add something before the next question?
Roman:
Let’s move forward.
Andrés m. | satoshI club:
Q6 from telegram user @mctrho
I was reading on your medium about market-making (PMM) which is peanut’s price equilibrium technology. Is this new technology going to replace AMMs? Or will they work together to achieve their goals? Can you tell us what is the purpose of PMMs and how do they work?
Konstantin zhidanov:
Long story short. AMM was a great Uniswap invention – an algorithm to generate synthetic order books. But this synthetic order book doesn’t look like a reading order book on pairs with high liquidity and trading volume, because all orders are distributed uniformly. But in real order books, most of the orders are placed in a 5-10% gap near price. So, the idea behind PMM is to create synthetic order books more similar to real ones and to decrease slippage.
Mary | satoshI club:
Can’t wait to see all this at work😀👍
Andrés m. | satoshI club:
So innovative, congratulations. Well guys, thank you so much for your answers in this first part of the AMA😁
Roman:
Thank you! The questions were really good!
Mary | satoshI club:
Ready for the live part?😀🎉
Roman:
Yes
Mary | satoshI club:
Let’s go 🚀
PART 2.Questions about the ENEX.SPACE project from the live chat of the telegram community.
In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the ENEX.SPACE crypto project chooses the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.
Q – 1 from a telegram user @Xusuo
I read from your site Enecuum is using combination of 3 consensus protocols, which are Proof of Stake (POS), Proof of Action (POA), and Proof of Work (POW). How this combination become an advantage of ENEX Exchange? Can you describe in a simple way how does these 3 combination works inside ENEX platform?
Roman:
BFT Hybrid Consensus Algorithm provides a secure and fully decentralized network for building the ENEX.SPACE ecosystem on it.
Q – 2 from a telegram user @topind7
Why do you choose to build ENEX on Enecuum, any advantage of this Network?
Konstantin Zhidanov:
Extremely low transaction fees and mobile phone mining give the huge audience of crypto newbies.
Q – 3 from a telegram user @mctrho
In your Medium I noticed that these last weeks you have been announcing many strategic partnerships of ENEX SPACE, do you plan to announce more partnerships in the near future? Can you give us a preview of this?
Roman:
Yes, we plan to develop partnerships with many projects, so stay tuned for announcements.
At this moment our tech parnters are: Peanut and HAPI by Hacken
Enex backed with: AU21 Capital, Blocksync Ventures, ExNetwork Capital, Pluto Digital Assets, A195 Capital ,Plutus VC, X21, GEM Capital, Kyros Ventures, CDF, Genblock Capital, Lotus Capital, Magnus Capital, Craig Cobb (TraderCobb), Consensus Lab (China), To Do Block (China), Sky Ventures, .
Q – 4 from a telegram user @sigma_protocol
What about the audits of smart contracts, when is it expected to be available of the AUDIT report? Can we expect before IDO? What security measures are adopted for safe smart contracts and hacking?
Roman:
Audit is now in process, we make it in Mixbytes. We will announce when it will be finished in our communities
Q – 5 from a telegram user @Korryl
ENEX Space is DeFi platform with DEX as their product. I see that you also create ENX token. What is the use of ENX token inside EXEX Space platform? Can we use it for the stake, yield farm or maybe trading it in your exchange?
Konstantin Zhidanov:
All trading fees are shared among $ENX stakers.
1. U get $ENX
2. U stake $ENX
3. Other people trade in Enex and pay fees
4. U get those trading fees
5. …
6. PROFIT
Q – 6 from a telegram user @Egaramadhan18
You promise ENEX.SPACE with uncompromising security and very low costs. Is security at ENEX. SPACE is 100% guaranteed for users? And give us the details you mean low cost?
Konstantin Zhidanov:
According to the Enecuum protocol, the transaction fee for trading operation will be 0.1 ENQ (around $0.02). In the future, it could be regulated with governance.
Q – 7 from a telegram user @awkwerrrd
When you look at the ads for crypto projects, everything is perfect, but it doesn’t really happen … Is your project really the best or perfect? How can we believe this?
Roman:
You are right. In our opinion, we have a very promising project, but I can recommend you to study all the documentation, resources that relate to the project and make an informed decision. Notice that Enecuum stays alive in crypto winter – It’s worth a lot.
Q – 8 from a telegram user @Xusuo
I read from your site Enecuum is using a combination of 3 consensus protocols, which are Proof of Stake (POS), Proof of Action (POA), and Proof of Work (POW). How this combination become an advantage of ENEX Exchange? Can you describe in a simple way how does this 3 combination works inside ENEX platform?
Konstantin Zhidanov:
Enecuum is based on triple-consensus protocol “Trinity”, where three components take part – computational power (POW), staking power (POS) and network connection (POA). This approach allows to join advantages of all consensus types and strengthen overall security. From the user side, that means you can choose how to participate in the system and get the reward. Rewards can be estimated at enecuum ROI calculator at Enecuum blockchain explorer.
Q – 9 from a telegram user @KhaleesiTheCryptoLady
$ENX is an ERC-20 token, do you have a plan to add a network like BSC where small transaction fees apply?
Roman:
We will build a cross-chain bridge called Tabula – it will connect Ethereum, BSC, and Enecuum first phase and Polkadot, Fusion, and others blockchains later. That will increase liquidity for DEX traders with extremely low fees and decentralized architecture of ENEX.SPACE by design.
Q -10 from a telegram user @adaatalay
What is your strategy for Enex Space to attract more users and become an effective and preferred authorized gateway for DeFi?
Roman:
We have developed a phased marketing plan to develop the platform not only on the global market but also on the local market. We will give users the ability to move liquidity between blockchain networks. Together with low commissions and an excellent user experience, we expect to take a big large audience.
Part 3 – Quiz about project
In the final part, we tested the knowledge in terms of the ENEX project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ was distributed between the winners.
Our contacts for more details:
English Telegram group | Russian Telegram group | Spanish Telegram group | Telegram Channel | Twitter | Website
Our Crypto Partner by this AMA: ENEX
Telegram group | Reddit | Tweeter | Website | Medium | GitHub