Satoshi Club x FACT AMA - $500 Reward Pool

[Cyberdapps]

We are pleased to announce our next AMA on October 1st 2020 at 12:00 PM UTC Time: Satoshi Club x FACT 
 ⚠️Total Reward pool: $500

⚠️Requirement:
👉 Join FACT   TG group
👉 Follow Twitter
👉 Follow FACT   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. FACT   Team will select 10 questions and answer them.

Part 3️⃣: $300 - A quiz about FACT 

Telegram groups:
 FACT   – @factfinance
 Satoshi Club - @satoshi_club
 Russian - @satoshi_club_ru
 Spanish - @satoshi_club_spanish

[JonahAp]

1)Part of what the Fact Team planned to achieve between 14th-20th September 2020 was staking Dapp launch, Probit exchange listing and kucoin exchange listing from this three only the staking Dapp has been launched I am quite aware that some circumstances can lead to this delays but specifically for Fact why is this two Exchange listing being delayed Kucoin was hacked September 26 which was still a later date than your plan




2)In One of your early articles  in a solution tagged as "new revenue stream" it was stated that liquidity providers are not eligible for staking rewards as long as they’re participating in the liquidity pool ... Yet another of your article states that By staking FACT, you'll be automatically recognized as a Liquidity Provider and you will receive a share of the 2% fixed borrowing fee and also a part of the tokens (7 million FACT) allocated for staking rewards can you help clarify what is meant on this two articles as this appears contradictory to me... Who are the liquidity providers and who are the stakers?

Link to early Article: https://medium.com/@fact.finance0/financial-active-collateral-token-redefining-defi-loans-and-staking-2097e369335b




3)YFact (Farmed Governance Token) and FLP(Fact Lending Pool) will be launched in October can you give us details about this launch and what we should be expecting when they are launched.



Telegram Username: @Jonahapagu

[cengizhantekin]

1. You say that there are two revenue streams for liquidity providers. What are these streams and what is the ROI for each?

2. What are the distinguishing features and advantages of "The FACT Protocol" compared to other ones?

3. Are there any timing constraints for Lending/Borrowing? If yes, would you think a flexible system in the future, maybe with some additional conditions, which will provide the ability for parties to change the time limits on Lending/Borrowing?

TG: @cengizhantekin

[apocan99]

1- In FACT ecosystem there is a one-time fixed fee instead of interest rates. Will this fee be sufficient for the sustainability of the system or are there any other items to support it?
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2- Most of the project owners are proud of/brag about their consensus algorithm. Which one does the FACT ecosystem use? Why have you prefered it?
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3- How do you assure Transparency and Trust?
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// Telegram: @apocan99

[let098765]

1.If FACT Loans Interest Rate Is 0%, how will you earn profit from your customer? Is there any hidden or additional charges in making a loan with Fact?

2.As the literal meaning of the abbreviation (FACT) is Fee Active Collateral Token, can you elaborate more about this meaning? How will this be applied in the real situation or use-cases of your platform?

3.Taking into consideration that Fact is focusing on lending or borrowing. So do you have plan to expand or add your services or offers such as staking, mining, or burning or buyback for $FACT in the future? Or you will just stick of being a lending or borrowing platform?

Tg username:@jobel4

[linderm]

I want to stake in FACT Lending Pool. What will be the revenue from it and what are the conditions
@nata_jakarta

[saner2324]

Q1

How will a loan + extra 2% stabilization fee apply for liquidity, and at this point, can fluctuating interest rates be applied for assets borrowed directly with FACT?

Q2

With a smart contract in the infrastructure you offer by the OpenZeppelin team How were you inspected and how were inspections conducted to ensure a 100% safe system?

Q3

How does FACT eliminate intermediaries, additional costs and variable interest rates between different ecosystems to prevent money inflation?

TG: @zaferce