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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
What is the role that the Layerfi NFT Card plays within the Layer platform? What does that card consist of? How can We buy it?
https://twitter.com/Rodriguez71717/status/1346140224305315840?s=19
Even if the "LayerFi wallet" will be an app for cell phones, do you plan to implement an an option in the future to enter the wallet through a computer or laptop?
https://twitter.com/ItokenF/status/1346438294222090240
To face your competitors, What are you doing to make your project truly Strong & Unique? Can you give the key points to convince Investor to invest in The project in the long-term?
https://twitter.com/cubeanhd/status/1346407994146189312?s=20
How did you come to the idea to create Layer Finance project? Why did you choose the name Layer Finance? Does it have special meaning related to NFT and DeFi?
https://twitter.com/MTuyn02866218/status/134643826672409395
Layer Finance doesn't seem so active on social media channels. We'd like to follow up what you are on more frequently. Will you change this strategy? https://twitter.com/tolatli/status/1346427197830135808
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Many people say NFT is a trend in 2021... I look at some of the use cases of NFT in the crypto space for blockchain projects and their benefits, So how does @layer_finance think about the evolution of NFT in the crypto space & real world?
https://twitter.com/NayeemH53568335/status/1346404970589945856?s=20
Layerfi has built a variety of revenue sharing models that combine NFT and DeFi. From your own point of view, What are the benefits of this combination?
https://twitter.com/IPSAmitGoyal/status/1346139529208422400?s=19
Presently What kind of problems your project facing and trying to solve to make it easier for Crypto users? Can you share with us roadmap & some future plan that can attract investors? https://twitter.com/creade105/status/1346442374466048000
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Can you tell us the minimum amount a user has to deposit in order to be part of the reward system? How are the worth of the NFTs rated, by classification? #LayerfinanceAMAroom
https://twitter.com/jakenoinc/status/1346445433560825857?s=19
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
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
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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Do you have any plan to to global expansion? Do you have plan to build partnership with local cryptocurrency developers and local projects in each country to make token more global
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Almost every investor is attracted to DEFI and NFT projects because they provide high and fast returns. For what reasons can convince investors small and large to trust and invest in the LayerFi project?
https://twitter.com/Dragontol/status/1346347883763646465?s=19
What are the advantages of acquiring NFT membership cards with the LayerFi initial fund and how does burning used NFT cards affect suppressing the circulating supply of LF tokens?
https://twitter.com/metin8688/status/1346356515964407816?s=20
Regarding the $LF token distribution, 4.1% is reserved. In Which cases would this reserve be used?
https://twitter.com/JaiRajput777/status/1346139928212606987?s=19
LayerFi plans to provide value and utility of NFTs to the Defi Market as well as NFT Market service but Liquidity poses major drawbacks to NFTs adoption. What are your plans to provide Liquidity on your platform?
https://twitter.com/Idee021/status/1346442751500562433?s=19
At present many farming project begin to provide service without audit & farming agreements also have combined risks which makes farming activities become high-risk activities How did @layer_finance
reduce the risks of illegal farming? What efforts have been made to protect user assets?
https://twitter.com/nayeem5694/status/1346417559076126720?s=20
https://twitter.com/JComann/status/1346437970736381952
In one of your articles on Medium, you commented that LayerFi represents" a change in the NFT paradigm". What exactly are you doing to change the way we use NFTs so far? What new uses or proposals do you have for these types of tokens?
✅ In LF Token Distributions there is an item called Reward with 75% which is really a big percent. What is this item for, reward of what?
https://twitter.com/cengizhantekin/status/1346440494373625857
Since Layerfi NFT Card is a limitedly issued & classified card, how many of it are currently in circulation and how can I hold one of them? Which class has the biggest pedigree
https://twitter.com/nzekenobi1/status/1346443218313994240?s=19
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
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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