The AMA Room

05 Jan 2021 14:17

This will be the last from me after this I will unmute the group for 3 mins for group members to ask their questions

Yield farming pools have some disadvantages like inflations and deflations things and do you have a solution for this?

The AMA Room

05 Jan 2021 14:16

we will do the best to offer you the best options

The AMA Room

05 Jan 2021 14:15

In addition, Exchange functions like Uniswap, and fees incurred by transactions and pools are also part of our revenue model.

The AMA Room

05 Jan 2021 14:14

NFT service, Sandbox and Exchange service belonging to Layer 2 and 3 will be the ‘CASH COW’ of our platform.

The AMA Room

05 Jan 2021 14:14

For us, Defi belongs to layer 1, and the main layer product is NFT.

The AMA Room

05 Jan 2021 14:13

What are the ways for Layerfi to generate revenue in the long run? Please tell me the structure of profits within the platform.

The AMA Room

05 Jan 2021 14:13

I highly recommend you to visit our web site to refer to

The AMA Room

05 Jan 2021 14:12

Therefore, we plan to conduct a token sale after the entity of the Layerfi platform is released. Our team started making most of the essential elements, from the landing page of the homepage to the dapp service in November, and is already near the end of development.

The AMA Room

05 Jan 2021 14:11

These days, there are many projects that Rugged after the fundraising is over, or many Defi projects do not follow the Roadmap. How will Layerfi build trust in this?

The AMA Room

05 Jan 2021 14:10

Layerfi NFT cards have a graded grade as above, which will be issued in limited quantities. Through this, we will act as an intermediary between the NFT and Defi markets.

The AMA Room

05 Jan 2021 14:09

By holding Layerfi's NFT card, users can receive LF tokens as a reward, and furthermore, use our other service, Sandbox, on better terms.

The AMA Room

05 Jan 2021 14:09

First of all, we approach to NFT with Scarcity concept. Scarcity arouses a desire for ownership and can lead to user participation.

The AMA Room

05 Jan 2021 14:08

Layerfi is known as a project that connects NFT and Defi. Specifically, how do you connect NFT and Defi?

The AMA Room

05 Jan 2021 14:07

For more information, a detailed introduction to the NFT membership card service will be published, please refer to our announcement.
As a result, NFT can be classified as an investment product that can make a profit, and it can also be used as a means of participating in Layerfi's differentiated APY rewards or deals within the Sandbox.

The AMA Room

05 Jan 2021 14:06

To be precise, NFT can be resold through Exchange service according to the market economy, and since it is a limited issue, it can be expected that the price will not be fixed depending on the market environment.
Layerfi's Card will be sold on our platform as well as on several erc-721 platforms such as Opensea.

The AMA Room

05 Jan 2021 14:16

The picture above shows our Sandbox dapp currently being tested:D

The AMA Room

05 Jan 2021 14:15

I hope you all to experience our lucrative platform.

The AMA Room

05 Jan 2021 14:15

The sandbox functions as the raise capital of the Polkastarter project, while at the same time performing the role of the popular OTC platform. From the fees generated here, we are going to take a profit.

The AMA Room

05 Jan 2021 14:14

Elaborating briefly, Layerfi stands for Layered Finance, which means that the services provided by the project are layered.

The AMA Room

05 Jan 2021 14:14

In fact, the most profitable service on the Defi platform is lending.

The AMA Room

05 Jan 2021 14:13

thank you . that was for the answer. could you bring up one next , if there is any

The AMA Room

05 Jan 2021 14:12

In addition, our project members have experience as advisors or project managers and community management positions on various projects. These details are available on our Layerfi Linkedin.
https://www.linkedin.com/company/layerfi-software/
Within these things, users will be able to trust us.

The AMA Room

05 Jan 2021 14:11

We are also keen on these issues.

The AMA Room

05 Jan 2021 14:10

I think the answer was enough:D

The AMA Room

05 Jan 2021 14:09

For example, holders can participate in a private sale of promising tokens on the same terms as institutional participants, or you can receive a larger amount of bonus tokens.

The AMA Room

05 Jan 2021 14:09

That said, we are going to issue an NFT with scarcity. While almost every defi projects focus on Art, we issue a scarce Card-type NFT that focuses on the benefits provided by Layerfi's platform. This is our core service, Layerfi NFT membership card service.

The AMA Room

05 Jan 2021 14:08

I'm gonna answer this question:D

The AMA Room

05 Jan 2021 14:08

that was for the answer JC.

The AMA Room

05 Jan 2021 14:07

For example, our pool compensation system operates monthly, and that compensation system has variable APY. If you want to get more rewards than last month's APY, you are required to own a specific graded NFT Card, and this may increase the price due to a large amount of demand. Conversely, if the price of LF tokens rises, the pressure to sell after exchanging them for LF tokens increases, and the price of NFTs may decrease.

The AMA Room

05 Jan 2021 14:06

First, the NFT field we focus on is finance, not art.