The AMA Room

05 Jan 2021 14:19

shall we move to next session?

The AMA Room

05 Jan 2021 14:19

please look forward our new projects and partnerships.

The AMA Room

05 Jan 2021 14:18

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.

The AMA Room

05 Jan 2021 14:17

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.

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 14:19

it wont let you down

The AMA Room

05 Jan 2021 14:19

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.

The AMA Room

05 Jan 2021 14:18

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.

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.