Satoshi Club x Y Financial AMA - $1500 Reward Pool

[Cyberdapps]

We are pleased to announce our next AMA on October 13th 2020 at 02:00 PM UTC Time: Satoshi Club x Y Financial 
 ⚠️Total Reward pool: $1500

⚠️Requirement:
👉 Join Y Financial   TG group
👉 Follow Twitter
👉 Follow Y Financial   Twitter


We will have the following structure:
Part 1️⃣: $350/12 users- We'll select 12 questions from the community. A user can post maximum 3 questions. 9 Questions will be selected from our website - please submit your questions on our official announcement at this link and 3 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: $350/15 users Open chat for 80 seconds. You can post Max 3 questions. Y Financial Team will select 15 questions and answer them.

Part 3️⃣: $800 - A quiz about Y Financial 

Telegram groups:
 Y Financial  – @Yfinancial
 Satoshi Club - @satoshi_club
 Russian - @satoshi_club_ru
 Spanish - @satoshi_club_spanish

[Regard94]

Q1


If Ethereum would soon implement a layer-2 solution to its network to highly reduce the gas fees as it’s anticipated, how would Y Financial expect to gain more adoption after this? After all, Y Financials trump card on the market are the lower fees while investing in DeFi / Yield Farming products.


Q2


Y Financial is said to combine four top performing assets within DeFi and Yield Farming to combine them as one index fund. How often are those four assets updated and how are they evaluated?


Q3


If we’re as users holding your native YDOT tokens, what kind of governance can we actually participate in? Can we for example vote for the assets that are chosen as the four investment assets inn your index fund?



TG: @regard94

[JonahAp]

1)I read that YFIN is an index token, combining 4 top performing tokens in the DeFi space. You invest in just one token (YFIN) and without any hassle you automatically benefit from four different assets... Can you make this clear. How are the top 4 performing tokens selected and how can a user benefit from the four tokens using just YFIN..what happen if the top 4 performing tokens end up having different trends




2)You claim to be running a fully automated yield farming can you explain what parts of your yield farming are completely automated. Are things like the selection of the four top defi tokens automated.? and how soon will this your automated platform be audited so users can be sure that your algorithms are secured and work as they should




3)Currently The YFIN target price is pegged to the underlying Core4 tokens.
The current Core4 tokens are: YFI, YFII, UNI, and SUSHI... Why were this 4 tokens selected are they the current top 4 performing defi tokens..when will this tokens be replaced by other tokens


Telegram username: @Jonahapagu

[HuyVo0126]

1. As I know use a price range at launch to proportion how much of each token we implement into YFIN. So can you tell me how much are The initial launch ratios defined ?

2. Token Generation Event is scheduled for Tuesday, 13th of October 2020. Listing on UNISWAP will occur immediately post TGE. How much is Listing supported with?

3. Mobile App. Do you have plan to make a mobile app for this platform? If yes, please tell me some things about your plan?


Telegram user: @huyvo87

[Ballantines87]

Question 1: As the situation stands now, gas fees are a commonly acknowledged concern for most "average" (non-whale) investors until a reliable, uniformly adopted scaling solution comes. In one of your main medium articles you claim to be able to reduce gas fees by one fourth to even one tenth of normal gas fees by investing using your index tokens, which represents four underlying assets. But given that absolute values of such an investment (in that example you're speaking of 200$ of gas fees reduced to a 50$ - 20$ range), wouldn't that investment still be considered "whales' playground" since even a 20$ dollar fee is still out of hand for many average investors?

Question 2: Will YDOT holders be able to vote on changing the underlying Core4 tokens which make up the index ?


Question 3: Will YDOT holders receive airdrop rewards in form of other YDOT tokens or any other tokens (maybe a token of choice among the ones represented by the index) ?


TG: @PaoloMonte87

[Annasmirnov]

Question 1. Do we need to as users deposit the top 4 assets (currently YFI, YFII, UNI and SUSHI) to be able to farm? Can we deposit any other assets on the Y Financials wallet and is there any minimum amount to store?


Question 2. Why there is no roadmap published on your website? Could you please tell us about your plans for the remainder of the year and early in 2021?


Question 3.  Why have you chosen YFI, YFII, SUSHI and UNI as the four assets for your index yield farming? Considering how similar products they are, shouldn’t it be better diversified looking how correlated they are to each other? What a user benefits from having similar products in one’s portfolio when the effect of the price to the tokens are rather similar?


Telegram username: @annasmirnn

[Nikola_Crypto]

Your project’s name was initially DeFiStack and you also have the domain for that name. Why did you decide to rebrand the project to Y Financial as there area already lots of projects with Y-initial letters? When was the idea of the project originally created?

__



I was looking through your website but could not find any kind of roadmap there. What milestones is Y Financial trying to achieve in the next months and when will the platform be fully operative?

__


Do you plan to launch any other kinds of index products on your platform such as some kind of hedge fund against market volatility or index funds based on different risk profiles?

[idee002]

1. Which Defi aggregator protocol does Y financial make use of, to be able to combine top four Defi performing assets? How is your yield farming pool 'smarter'  than the others?  What additional incentives do you offer to users that farm in your pool?

2. Which DAO mechanism do you plan to use to create a  transparent,  community driven and decentralized ecosystem for web 3.0? Are there incentives for DAO members and how do I sign up?

TG : @Idee01

[let098765]

1. Y Financial launches two tokens including $YFIN and $YDOT, so what is the reason of having this two token? What are the important roles of this two different token in your platform? What will be the potential impact that it will give to your platform?

2. I just found out in your medium article that today October 13 is your Token Generation Event.  Can you tell us more detailed information about this event? As a Defi believer, how to closely monitored and participate with this event?

3. Honestly, I participated some presale of token which I believe it will have a potential in the market but sadly at the first day of listing it was super dump and it made me disappointed, good thing I only invest a little. Since ,Y Financial belongs to Y Family and some Y tokens are investable tokens and some are not, so how will you assure to your potential investors that Y Financial is a great platform to invest with that hard-earned money is worth to risk? Do you think Y Financial token will follow the trend of pumping "Y" tokens in the market? Thank you!


Tg:@jobel4

[johana0012]

1. If the total supply is $ 12 million YDOT, how would the distribution process and timing be?

2. I understand that the beta version platform is already operating, now $ YDOT has a version for mobile devices or does it come hand in hand with the October launch?

3. YFIN simplifies and increases accessibility to DeFi tokens, all on one platform, can I have the privilege of accessing all or selected tokens?

@yiselen tg

[bitmartbounty]

Why do you choose 9 days for major activities in the platform

2. What Criteria was selected in choosing the 4 core tokens of the ecosystem

3. Why do we need YFIN to stake when we already have YDOT

Telegram : @endtimeprophet

[cengizhantekin]

1. On Y.Financial, it is "Simpler", "Easier", "Cheaper" How do you achieve theses "MOREs", what technical infrastructure help you on that?

2. You have 2 different tokens: YFIN and YDOT. Will any of them be used for investment options such as, trading, staking, lending, etc.

3. Which blockchain and consensus algorithm is Y.Financial using? When will you publish your WhitePaper for all these details (no link on website)?

TG: @cengizhantekin

[apocan99]

1- Y.Financial combines different assets for Yield Farming. Does it happen on the same platform, or does it require interoperations, if yes, how do you provide interoperability?
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2- Why do you have 2 tokens? What is the advantage of having two? And which one is used for what?
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3- What does your community (Y-Family) mean to you? What kind of interactions do you have with them? Are you sometimes doing specials in order to make them happy?
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// Telegram: @apocan99

[tolgaozek]

Q1: Why did you decide ninth day as Y Family Day. Why not any other day?  Could you tell us mechanism more?

Q2: You firstly tweeted 8 days ago. Did you start marketing efforts late? Will you pursuit no-man front communication strategy?

Q3: Will there be any additional token with utilization task?

TG: @tolgaozek

[m bars]

telegram handle - @muw_muw

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Technically Y Financial can be considered similar as an ETF product. right? Is the balance between the 4 different assets 25% each or do they have different kind of weights on the portfolio?

===

Do we as users have the possibility to choose between different kind of strategies and therefore assets? Can we as users choose to invest in riskier assets instead of these top 4 efficient assets?

===

YDOT is Y Financial native asset. For which reasons do you require YFIN tokens for staking on top of that if that's so?

[L Valerievna]

1. Y Financial lets it's governance vote for the four assets once a quarter. Considering how fast-evolving cryptocurrencies market are, don't you think that it's a little too seldom? Some of those projects could be dead within a month even, let alone three. Are you planning to make the frequency more often?



2. What kind of governance can the users of Y Financial participate in? Obviously on the decision of the four assets on your platform but what other kind of decisions can the users make regarding Y Financial? Perhaps about new investment products?


3. You will have the Token Generation Event today on 13th October. After this you will immediately list on Uniswap. How much liquidity are you planning to offer there and will it be locked for some time period?



Telegram: @lv_nlv

[brokenpaper13]

q1
With the rapid increase in the popularity of defi projects, whats the edge of y financial to other defi projects with the same purpose?

q2
how will y financial boost the liquidity of its utility token?

q3
will y financial will launch its mainnet soon?

[elissa]

What is the YFINANCIAL index tokens and how do I get rewards from them from hodling your own token?

[waybesuricata]

Why is YFIN target price pegged to core Core4 tokens?

What is your most important difference from your competitors, why should we choose you?