Satoshi Club x Unilend AMA - $500 Reward Pool

[Cyberdapps]

We are pleased to announce our next AMA on October 5th 2020 at 01:00 PM UTC Time: Satoshi Club x Unilend 
 ⚠️Total Reward pool: $500

⚠️Requirement:
👉 Join Unilend   TG group
👉 Follow Twitter
👉 Follow Unilend   Twitter


We will have the following structure:
Part 1️⃣: $100/6 users- We'll select 6 questions from the community. A user can post maximum 3 questions. 4 Questions will be selected from our website - please submit your questions on our official announcement at this link and 2 random questions will be selected from Bitcointalk thread, please post your questions in this thread. Only 1 post is allowed per user (3 questions can be written in 1 post)

Part 2️⃣: $100/10 users Open chat for 80 seconds. You can post Max 3 questions. Unilend   Team will select 10 questions and answer them.

Part 3️⃣: $300 - A quiz about Unilend 

Telegram groups:
 Unilend   – @UniLendFinance
 Satoshi Club - @satoshi_club
 Russian - @satoshi_club_ru
 Spanish - @satoshi_club_spanish

[echointe]

Q. This seems a permission less listing so any person can provide liquidity to the Lending platform ?

TG : cryptozeean

[justgata]

1. I am intrigued by the absence of the project roadmap and technical document, as they are essential to build investor confidence. When will the Unilend whitepaper be available? Have they successfully met all the objectives set for the year? What are the next steps for the future?


2. DEFI platforms are always prone to security flaws that can take time to fix. What security mechanisms will Unilend use to protect investors' assets? How is your project different from others that currently exist? What companies are looking for as potential partners?


TG: @justgata

[vicpocho]

 -- 1 -- Unilend allows any ERC20 token to be used as collateral for lending and borrowing, but what multiple use cases will the $ UFT token have? Will they be related to the governance and usefulness of the platform?


 -- 2 -- UniLend stands out from other projects because it has the option of loans and loans. Will future users have a limit established in the loans? What guarantees that these loans will always be available to those who require it?


Telegram: @vicpocho

[Bobchan]

1. Investors are afraid of scams. What does UniLend Finance do to guarantee that people aren’t scammed?

2. What exact problem can UniLend Finance solve in the blockchain industry that other projects cannot solve?

TG: @smtsu

[albert3990]

1 - My question is quite simple. It has a hundred DeFi loan and burrow projects. They all need liquidity and indirectly due to the Fed's liquidity injections this is possible today. Economists are clear in stating that the cryptocurrency market has benefited from part of the liquidity injected by the Fed, on the world stock exchanges. Liquidity is vital for many to endure this and survive. But, in a scenario where this liquidity disappears, what are the strategies for this project to continue to survive? What's different about it?

2 - About security, unilend smart contract is audited? What is the protection to users from hacker attacks?

[Aminul002]

There are 6 features. Permission-less listing, lending and borrowing, trading, liquidity, governance, user interfance. In no.1 feature there is telling that any ERC-20 token will be able to list. How will it happen? Could you please explain us more about 'Permission-less listing' feature?

2.'UniLend is a permission-less decentralized protocol that combines spot trading services and money markets with lending and borrowing services through smart contracts'. First time hearing permission-less decentralized protocol. Can you please explain it?

3.Unilend is a permission-less decentralized protocol. It combines spot trading and money markets with lending and borrowing services. How unilend combines spot trading and money market with lending and borrowing. What is the process? Kindly explain it.
#thanks

Tg: @gamora789

[JonahAp]

1)In what ways will Unilend reward those who provide liquidity for spot trading and Lending of assets on UNILEND..and what strategies do you have to bring in more liquidity to assets listed for spot trading on unilend


2)At the moment Unilend is building a platform for ERC-20 tokens what plans do you have to give users the capability to also list Tokens from other chains on UNILEND...what chains are you looking at and what progress has the team made in this regard



3)Unilend is building a platform with a permissionless protocol, that gives users the capability to list any Ethereum asset on UniLend... I feel that this will also give room for potential scammers to create an ERC-20 token and list it on Unilend for lending, borrowing and spot trading do you have any mechanisms in place to checkmate this kind of activity


Telegram Username: @Jonahapagu

[Saitamana]

1. Chandresh, the CEO of Unilend is the former Vice President for Marketing of MATIC Network. And most of the team members are current/former member of Matic. How is your experience with Matic help you to manage ypur own project? Is there a plan in the future that Matic and Unilend will have a collaboration/partnership?

2. Existing lending protocols act like "Managed Funds" whereas UniLend is designed as a "Self-Managed Fund". How is it different?

3. One of the product of Unilend is borrowing and lending. How will you become an intermediary for users who want to borrow crypto assets? How does the interest rate calculated? Do you require KYC for borrowing?

TG: @saitamanapo

[KevSalom]

1- What are the features that differentiate Unilend from other DeFi protocols? What are the advantages of using it?


2- What is the interest rate that can be requested for a loan on the Unilend platform?


3- Does saying "Any ERC20 token can be listed without any entity controlling the listing process" mean that we can negotiate with any new token within Unilend?

TG: @KevSalom

[johana0012]

1. Unilend does have many positive aspects, my question is what is the strategy that unilend is implemented to turn its entire market into DeFi?

2. I understand that more than 6000 assets are not integrated into markets, how does Unilend integrate it and cover this demand?

3. As unilend is supporting more than 6000 assets without permission, does it generate mistrust in the users? Does it generate any security problem?
Telegram usser:  yiselen

[cengizhantekin]

1. Your Seed and Private funding rounds have been completed. How are the results? Have you received what you expected? Will the results change your future plans / roadmap (positively or negatively)?

2. You are DeFi, I am DeFi, others are DeFi, everyone is DeFi. Yes, DeFi has several advantages, but what value does DeFi add to Unilend? Why have you prefered being DeFi, was it a "must" for Unilend? What is your approach to DeFi in general?

3. You say, there will be spot trading option beside the main functionalities (lending/borrowing). Which trading pair are you planning to have? Will that be with a stable coin or a known crypto token? Where will be the trade done?

TG: @cengizhantekin

[bitmartbounty]

1. What's the problem of over collateralization in DeFi and how does you solve the problem

2. How do you solve the problem of EXCESSIVE LIQUIDATION and Excessive GAS FEES in DeFi

3. The success of a truly decentralized ecosytem is in the hands of DELEGATORS, How do you select DELEGATORs and also incentivize them

Telegram : EndtimeProphet

[apocan99]

1- What are the distinguishing advantages of Unilend compared to the competitors, such as Uniswap, Compound, AAVE, etc.?
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2- Can you tell some about the governance of Unilend protocol? Who will be in charge of governing the system, what is needed to be eligible for being an authorized member?
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3- What will be the use cases of UFT token in Unilend ecosystem?
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Telegram: @@apocan99

[rolex745]

I didn’t see any roadmap or white paper on your website. What did you come to us with today? What do you have so that you can see what you are working on? So to speak, touch it with your hands.

[let098765]

1. If there is no need permission in listing ERC20 token in Unilend, so what are the terms and conditions being applied? How does token being considered for listing in your platfom?

2. What is the protocol of lending system in Unilend? Aside from lending, what other options and plan for Unilend holders in the future?

3.Can you explain more about the Liquidity of assets in loan and trading of Unilend platform? What is the use of having liquidity? How it will affect the principal amount of loan and its term?

Tg:@jobel4

[elissa]

UniLend is bridging that gap by combining the decentralization aspect of enabling any ERC20 to be utilized as collateral for lending & borrowing. What if someone creates a fake or useless token, makes a fake price by giving it some volume on uniswap, and then use it as a collateral. He will be able to dump the rest of his tokens after he borrows the money. Is this possible?

[idee002]

Q1. Congrats on the successful completion of your seed and private fundraising rounds.  How would you build a strong community base so they contribute to the long term success of Unilend?

Q2. Defi untapped market stands at $16.7B. How will Unilend tap into this huge market opportunity to become of the Frontiers in the Defi space? What is your go-to market strategy?

Q3. Tell us about your DAO protocol and what are the requirements to be a member? Why does Unilend utilizes a dual asset pool? How does it benefit the ecosystem?

TG : @Idee01

[saner2324]

Q1


Can users contribute to liquidity provision by creating asset trading and credit on Unilend's platform? On what conditions is it dependent on users to be able to receive fees for their liquidity pool shares?


Q2


How is the interest rate that users will pay at the lending and borrowing stage determined and in which situations will the opportunity to open the functionality of their tokens for borrowing?


Q3


What issues will token holders have a say for governance? Will you use the consensus and voting system for most of the protocol adjustments?

[Hemady17]

Good day unilend!
Telegram username: @kiaper

1. As an investor, how do I become profitable in investing unilend? How do you protect your investors when there is a certain problem when it comes to your lending platform?

2. Being a defi nowadays is good, but how will you sustain your project and become an outstanding defi platform when defi coins idea will be vanished just like with ICO and IEO before?