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The AMA Room is all about Ask Me Anything sessions about various projects and aspects of the cryptocurrency world. Admins: @ercsu @cryptopatsu @stevenjcrypto @exnetb @jcv116 Part of the exnetwork.community

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The AMA Room

How does LayerFi governance system works and how does it protect investors against token inflation?

How will you improve the value of your platform to attract crypto and non-crypto users?

https://twitter.com/Crypto_Isaac/status/1346441927621816321?s=20

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One direct competitor that I can think of right now is Digicol. What would be the key feature/s that you will highlight that is a great advantage to you compared to them?

https://twitter.com/EnanoriaIan/status/1346445698695221248

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Lools dope
More usage for LF tokens

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it wont let you down

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In addition, we plan to increase the use of LF tokens through partnerships to be announced in the future, while encouraging various projects to use Layerfi's Sandbox and NFT card services while fixing the major currency used here as LF tokens.

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To prepare for this token inflation, we set up a 5 year vesting structure. In addition, after genesis mining has been conducted for a month, we plan to control the circulation of tokens through variable APY.

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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?

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we will do the best to offer you the best options

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

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

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

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

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

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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.

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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?

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What is your way of generating profit / income maintaining the LayerFi project and what is the revenue model? How can it make a win-win for your investor and project?
https://twitter.com/cryptobts/status/1346349392844840960?s=19

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Yes
Now it's time for community questions

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shall we move to next session?

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please look forward our new projects and partnerships.

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For example, if it is determined that a lot of tokens are released in the market, there is some ways to sell to LF token holders with a better condition or to spot sell high-grade NFT Cards in conducting a token sale on the SANDBOX service.

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In the token economy, inflation refers to the ever-increasing problem of tokens in the market due to the tokens being released every year. The problem with most of yield farming projects is that they are experiencing constant price declines due to inflation of tokens.

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

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I hope you all to experience our lucrative platform.

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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.

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

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

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

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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.

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We are also keen on these issues.

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I think the answer was enough:D

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