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Hello, Satoshi clubbers and guests of this site. Let’s talk today about user-friendly DeFi Ecosystem with many products.
Arc Finance Rebuild DeFi Ecosystem. Bridging decentralized finance projects and users with
one-stop Decentralized Finance platform.
The plan of AMA session:
- Introductionpreselected questions
- Live questions
- Quiz about ArcFinance
The reward pool is 500$
Leading the AMA our clever and fun admins:
Mary | Satoshi Club?—?@Satoshi_club
Gold Rocket | Satoshi Club?—?@GoldRocket27
The Representative of the project:
Bella_iii?—?@Bella_iii?—?MD of Arc Finance
Chris | TradeStars?—?@chentschel?—?software engineer and entrepreneur
Introduction of ArcFinances project.
Gold rocket | satoshi club:
Greetings dear satoshi clubbers!
Mary | satoshi club:
Hello satoshi club! We are happy to announce our ama session with arcfinance! Welcome to satoshi club??
Gold rocket | satoshi club:
Today our guests are @bella_iii: @christinemiller_00?? hello and welcome to satoshi club guys??
Bella_iii:
Hey satoshi friends! ??
Gold rocket | satoshi club:
Nice to e-meet you ??
Bella_iii:
It‘s a great pleasure to be here for our ama
Mary | satoshi club:
Welcome here ??
Gold rocket | satoshi club:
We are really excited about upcoming ama with you??
Mary | satoshi club:
So, let’s start ??
Bella_iii:
Let’s go
Mary | satoshi club:
Could you please introduce yourself and tell us more about arcfinance ??
Bella_iii:
Yeah sure!
Gold rocket | satoshi club:
Introduce yourself. Tell us a bit about yourself: how did you get interested in crypto…
Bella_iii:
My name is bella, the md of arc finance.
I’ve had the pleasure of getting the opportunity to work with the arc finance for 6 months now. Before joining this amazing team, i’ve been working in the crypto field since 2017 and experienced so much interesting crypto projects.
There are already a lot of dexs in the market nowadays, but very few of them really have their own innovative value.
In april this year, when I got the team’s idea to develop the arc finance dex, I thought like it, it’s pioneering, because liquidity premium mining based on aum would allow users to get a higher return!
It’s something that makes a lot of sense, because the success of the crypto world is not only about technology, but also about innovative ways to play with finance, so i’m happy to join the team!
Gold rocket | satoshi club:
Wow! Great background and amazing idea
Mary | satoshi club:
I am impressed by your passion!
Bella_iii:
Thank u??
Gold rocket | satoshi club:
Also, we would like to know more about your team. Who is on the project team core?
Bella_iii:
Yes, our team is based globally with tech elits around the world. With strong tech experience and project cases.
Now let me make a brief of arc finance
Gold rocket | satoshi club:
Indeed! Feel free!
You are our guest, and our main focus to introduce your project
Bella_iii:
Arc finance is dedicated to building a defi 2.0 liquidity as a service (laas) tokenomics facility, which creates a liquidity premium value by encouraging users’ positive behaviors through premium mining pool protocols. Arc finance then captures the premium value to activate the tokenomics ecology.
Projects can create token trading pairs by opening a liquidity premium mining pool in our arc finance system
Liquidity premium value are generated as users trade. Arc finance will capture the liquidity premium value through tokenomics and give them to users and projects as feedback.
Mary | satoshi club:
So, how many liquidity premium mining pools do you have now?
Bella_iii:
The project has just got started, and we’ll reveal the data when everything is ready
Mary | satoshi club:
Got it! ??
Bella_iii:
Gold rocket | satoshi club:
Thanks for great introduction, we will have several questions selected for the part 1. Ready to start?
Bella_iii:
Let’s go??
Preselected questions about the ArcFinance DeFi project.
Gold rocket | satoshi club:
Q1 from telegram user @chinyere2020
I learnt that arc finance is not just a dex on BINANCE smart chain, but it also has a combined premium farming swap with lp premium farming, staking farming and trade farming.
-can you explain more about this combined premium farming swap? What are the advantages/benefits/use cases of this feature?
-can you also explain the the differences between the lp premium farming, staking farming and trade farming?
-are there plans to establish arc finance on other blockchains?
Bella_iii:
That’s a great question!
Combined premium farming includes:
- – lp premium farming
- – staking fining
- – trading farming
Three unlocking methods:
Mint third-party tokens into r-token at a ratio of 1:1. R-token needs to be unlocked to become a freely traded token.
Lpp (liquidity premium pool) is about??
Lpp stands for liquidity premium mining pool service agreement, which is an important ecological sector of arc finance. It allows users to earn quick income in the transaction process.
The more transactions users participate in, the greater premium income they will obtain, and the more income will be stored in the mining pool, which forms a positive economic cycle and amplifies the value of liquidity. This is a broad economic and ecological concept, not a simple, specific mining pool.
In arc finance system, lpp is composed of three blocks, including single token lp mining pool protocol, lp pair mining pool protocol and re-minting lp mining pool protocol.
Mary | satoshi club:
Can you explain in detail, step by step what should I do to join let’s say lp premium farming on your platform?
To be honest it’s often hard for newcomers to understand farming system, but it’s our fresh blood??
Gold rocket | satoshi club:
Or maybe you have some guidance for newbies
Bella_iii:
The mechanism is not in a simple word, but need to stay tuned with us for more?? for the first step, we are built on bsc and may migrate to more infrastructures at the right time
Gold rocket | satoshi club:
Great choice??
Thanks for your answers?? let’s proceed to the next question?
Q2 from telegram user @jmagsss
Based on the $arc token release and allocation, a total of 12% of the whole token supply of $arc is distributed to the project’s investors which are divided into four categories, the early investors, angel investors, institutional investors and cornerstone investors. Can you please explain to us the difference between the categories of your investors? Who are these investors and what are their influence towards the arc finance project?
Bella_iii:
Arc finance is invested by multiples of excellent investors. But currently it’s not convenient for us to reveal them refer to the token distribution graph for the token info.
For the detailed investor info, we consider making this information be public at the proper time??
Mary | satoshi club:
I see that you have 69% for mining, during what period they will be distributed? We will wait, it’s always interesting to see the names??
Bella_iii:
Yes, the major part for mining, and the detailed tokenomics is in preparation now. But users can refer to this graph for some upfront info too.
Oh, I see?? ??
Gold rocket | satoshi club:
Yes. We understand. Don’t forget to share with Satoshi club ??
Bella_iii:
We always love to share good things??
Tokenomics circular flow
Gold rocket | satoshi club:
Infographic looks nice??
Mary | satoshi club:
Nice visualization, it always works! Thank you!
Bella_iii:
So happy to gear it
Gold rocket | satoshi club:
Thanks for your answers. Do you want to add something, or we can proceed to the next question?
Bella_iii:
You always get the key point???? Hope the audience like it??
Let’s go
Gold rocket | satoshi club:
Satoshi club is an inquisitive audience.??
Q3 from telegram user @pavel_jarosh
Arcfinance is planning to launch loan system by q2 2022. Please share the uniqueness of arc’s loan system. Usually, smart contracts are in the heart of any loans in crypto. Is it the same within Arcfinance? What are requirements for p2p parties to benefit from loans? Do they have to pass a KYC process? Thank you!
Bella_iii:
Oh, this is a relatively far q, I think he must be very interested to us?? As a marker, i’m not as clear as the pm regarding the project. But from the perspective of a user, a project with a clear roadmap is important
This is our roadmap to meet your curious??
Gold rocket | satoshi club:
Do they have to pass a KYC process? ©
Mary | satoshi club:
Do you keep up with your plans? ??
Bella_iii:
Not really now, dex processes on the blockchain, but may be possible in the future with more innovations??
Just stay tuned with for the great achievement of our arc finance??
Mary | satoshi club:
I am KYC hater sometimes ??
Bella_iii:
Yes, me too, that’s a lot of trouble??
Gold rocket | satoshi club:
Thanks for your great answers ??
Mary | satoshi club:
Ready for the next question???
Gold rocket | satoshi club:
Q4 from telegram user @highpee
One of the unique feature of arc finance is NFT options. This feature will allow users to self-pack tokens into NFTs. Can you elaborate more on this NFT self-packed tokens innovative approach? What are option NFTs and how does it ensure a free flow of trading, tokens and NFT value? How do users pack tokens into NFTs and how will they pack trading to earn lp tokens which they can remint into NFT? What type of NFT art will your marketplace support and what are the rare NFTs that you said will be available for users to earn through mining?
Bella_iii:
Let move forward
I have so much to see with this q??
Arc finance’s uniqueness lies in its revenue model for users, that’s ‘trading to earn and get liquidity liquidity’.
The main features of the project are the mechanisms, including the following:
4 major part to share??
Time clock mechanism
A time clock is a piece of code that is used to lock up certain functions of a smart contract, so that a time period can be set for the realization of the function.
In the blockchain, the function of transferring funds from the contract is usually locked by a timelock.
Fragmentation?—?multiple-chain network
Currently, many different tokens are operating on public chains such as eth, bsc, flow, and sol. It is difficult for such assets on different chains to achieve liquidity interaction. Therefore, there is a multi-chain heterogeneous underlier to achieve this compatibility and a wide range of integration.
The heterogeneous sharding function can realize the application scenarios that simultaneously support multi-chain, cross-chain, and asset interaction. Heterogeneous sharding protocol aims to solve the linking problem between multiple chains, (e.g., public chains and chains for specific application), so that cross-chain transactions can be easily achieved within the arc finance ecosystem.
Tower bft
Pbft, the poh optimized version of bft. Bft is a method of mitigating malign behaviors in distributed systems.
Tower bft enables the network to reach consensus by enforcing a universal time source called proof of history (poh). This creates a permanent reference for all nodes of the network.
Tower bft can ensure the correct operation and profit distribution of community nodes in arc finance that has heterogeneous multi-chains, as well as the smoothness of system judgment. The schedule of the “community node timetable” must be calculated early before the nodes it allocates so that the LEDGER status it uses to calculate the schedule can be finalized.
The wormhole protocol
The wormhole protocol is a bridge that links Ethereum exclusively.
It supports eth and erc-20 tokens. It helps users to access the Ethereum ecosystem more efficiently and quickly, making it easier for eth holders to participate in the arc finance platform.
Mary | satoshi club:
So, no one of these features wasn’t used before? Or you mean that they were not used in farming?
Bella_iii:
They’ll be used to supported arc finance dex then?? The core innovation along with the aum algorithm
Mary | satoshi club:
Oh, I got it??
Bella_iii:
Another graph to share regarding the aum
Aum is compared with the traditional amm mechanism. The advantages of aum is clear to see??
Mary | satoshi club:
I never saw proof of vault before?? shame on me?? can you explain me what us this?
Bella_iii:
Ha-haa, me too in fact when I first learn about it.
Gold rocket | satoshi club:
This is really something new in our experience??
Bella_iii:
It’s created uniquely by our arc finance team
Mary | satoshi club:
Bella_iii:
More updates about this perfect fresh product are underway?
Mary | satoshi club:
Thank you for your answers, Bella! Ready for the next question?
Bella_iii:
Let’s get updated for it! Let’s go
Gold rocket | satoshi club:
Q5 from telegram user @kimterbear
I read in your roadmap that on the start of the upcoming year of 2022, you will be having a DAO community v1 where the community can feel involvement in your platform. So how can the users actively make participation in arc finance for them to show their support? What accesses can users have rights when the DAO was launched? Aside from this, how will you recruit new users into your platform and how will you plan to retain your users in a way that you make them feel valued for their support to your platform?
Bella_iii:
Let me take them out. Dao governance??
In arc finance, the platform ecology requires the participation of the community to balance user profitability, transaction fee distribution and other revenue mechanisms as the community develops. Among them, in the governance of heterogeneous sharding, DAO governance is needed to manage and propose newly listed tokens.
We adopt a parliamentary voting method.
The community node can be the initiator of the proposal, and any user can stake lp vouchers as the DAO voting right. When the community nodes satisfy the basic lp staking amount, they are qualified to participate in the election of community nodes. In addition to the lp staking income, the community nodes participating in the verification will also receive the main transaction dividends of all project tokens as an incentive.
The voting weight of each user is proportional to the number of lp staking vouchers they hold, and 1 lp staking voucher will get 1 vote.
According to the number of lp staking vouchers, users can receive a small amount of the dividends from the transaction of all project tokens as an additional reward for participating in the governance of the platform.
As I mentioned, arc finance is still a little baby
Mary | satoshi club:
So, to vote we will need to have lp staking, right?
Bella_iii:
The DAO community and relevant products are in hot preparation
Mary | satoshi club:
How you plan to incentive your users to take part in the voting? As I know not all members like to vote??
Gold rocket | satoshi club:
I love to vote. ??
Bella_iii:
It’s an extremely profitable method for the users, so I hope to keep it unrevealed now and offer a big surprise then??
Guys, don’t miss it??
Mary | satoshi club:
You need to take part in Arcfinance DAO! And as you can see?—?it’s profitable! So. 2 in 1!
Noted??????
Gold rocket | satoshi club:
Great reasons????
Mary | satoshi club:
Thank you, bella for your answers! Ready for the 6th and last question from this part? ??
Bella_iii:
Gold rocket | satoshi club:
Q6 from telegram user @asela1112
I am impressed by seen the backers & partners of arc finance platform & the few of them are cardstarter, maker, polkastarter. How about the bond & liabilitation on these partnerships? Did they promise to incubate the arc finance platform untill the raising? What are the ultimate goals & upcoming big events with your backers & partners in future so that users can pay their attention with those goals & events? When will you make more partnership announcements with vcs?
Bella_iii:
Yeah, some giants in the crypto field!
Any project with the goal of achieving great innovation for the industry, it’s a must-to-go way to collaborate with industrial giants.
As we’ve just got started for half a year engaging in technical developing, we keep in connection with several ‘giants, and we’ll announce the partnership when it’s available.
Here instead: i’d like to make a refresher of arc finance again:
Arc finance is a aum-supported dex built on bsc, dedicated to building a defi 2.0 liquidity as a service (laas) tokenomics facility, which creates a liquidity premium value by encouraging users’ positive behaviors through premium mining pool protocols.
Projects can create token trading pairs by opening a liquidity premium mining pool in arc finance. Liquidity premium value are generated as users trade. Arc finance will capture the liquidity premium value through tokenomics and give them to users and projects as feedback.
Mary | satoshi club:
Bella, we are waiting for you here with announcements! ?? sure, you will have a lot!
Bella_iii:
Sure, we’ll make it public to you once available??
Gold rocket | satoshi club:
Thanks for this great 1 part of ama?????????? You are great ??.
Bella_iii:
Thank you host and Satoshi friends??
Gold rocket | satoshi club:
Now get ready for the most impressive part of our ama: live questions with our community??????
Mary | satoshi club:
But it’s not over?? the most exciting live part incoming!
Bella_iii:
Mary | satoshi club:
Bella, are you ready?
Bella_iii:
Amazing part let’s go!
Mary | satoshi club:
Let’s go ??
Gold rocket | satoshi club:
It will be powerful
PART 2.Questions about the ArcFinance 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 ArcFinance crypto project choose the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.
Q?—?1 from a telegram user @kaku778
AUDIT is important FOR Both TRUST and SECURITY ? Have YOU done any AUDIT of your PROJECT ? If yes, please Share your AUDIT CERTIFICATES?
Bella_iii:
Yes in preparation, as Arc Finance is really a little baby with 0.6 years old, our team is busy processing everything now.
Q?—?2 from a telegram user @JaviSuBs
ArcFinance apart from traditional mining? What other options do we have to earn $ ARC tokens on your platform? How does IDL (Initial Dex Lock) mining work and how can we participate? is it necessary to have the $ ARC token for mining or can we do it with other cryptocurrencies?
Bella_iii:
Arc Finance is featured with premium liquidity mining, which means the token will be sold at a higher price.
Q?—?3 from a telegram user @Asela1112
You hope to launch your first IDO in first quarter of 2022 according to your Roadmap. Can you give a snapshot on the upcoming IDO launch of Arc Finance platform? How much will be the token allocation for the IDO?
Bella_iii:
The details are under planning and will avaolable soon, join out community and stay tuned with
https://twitter.com/Arc__Finance
https://medium.com/@arc_finance
Telegram Announcement: t.me/ArcFinance_announce
Telegram Chat: t.me/ArcFinance_global
Discord:https://discord.gg/SZex7JYkqe us for more
Q?—?4 from a telegram user @mobilejii
Is your team anonymous or public and for trust and security. Have you done any audit of you project by third parties?
Bella_iii:
Currently anonymous, as we focus on tech development. Audit is in preparation.
Q?—?5 from a telegram user @messilolz
Is your project suitable to those who are willing to invest with small amount or are you only for elite investors?
Bella_iii:
Q?—?6 from a telegram user @surendra040
Hello! How is the NFT price determined? IS it at a fair price, we can see Lionel Messi is on the top of the gainer list but of 0 prices?
Bella_iii:
Arc Finance is a DEX based on the AUM of BSC (Binance Smart Chain). The system opens the liquidity premium pool (LPP) to capture the ecological value of Trade to Earn for all users.
As long as you desire to earn, you are always welcome regardless of big money or small money.
Q?—?7 from a telegram user @Robotliker1
To make project globally and increase awareness where english is not spoken . Do you have any plan to aware them through ambassador programme?
Bella_iii:
Yes absolutely. We are an international project. The worldwide local communities are in our short-term plan.
Q?—?8 from a telegram user @sirdefi
Is your website currently available for users? I tried to access through your link on twitter and it was not possible, or when will your website be ready?
Bella_iii:
The web is ready but a higher level version is under tech development.
Visit it: https://arcdex.io/
Q?—?9 from a telegram user @Tahsinahmett
What is “Tower BFT” and PBFT in your Medium article? What are the benefits of using it?
Bella_iii:
Tower BFT means Byzantine Fault Tolerance, it can ensure the correct operation and profit distribution of community nodes in Arc Finance that has heterogeneous multi-chains, as well as the smoothness of system judgment.
Q -10 from a telegram user @jazzmusic2000
According to your announcements you will carry out your first airdrop, what are the requirements to participate in this airdrop, how can I join?
Bella_iii:
Yes, to celebrate the launch of Arc Finance, we’ve launched the first Airdrop on days ago, it’s still ongoing, and you can participate now.
please join our Telegram group for details: https://twitter.com/Arc__Finance
Part 3?—?Quiz about project
In the final part, we tested the knowledge in terms of the ArcFinance 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:
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