YFX DeFi AMA Summary with Decentralized Club ✔️
Welcome to the recap of our AMA with YFX DeFi.
Our vibrant and enthusiastic community had a lot of questions to ask. To those who want to know quickly what YFX DeFi is about, we are sure this recap is gonna help you. So without further ado, continue reading 😉
✔️Introduction with YFX DeFi : 👉
Q1. Let’s start off with a introduction of what YFX is actually all about. Please give us a bite sized run down.
Q2. Can you give us some information on the team and their backgrounds please?
That’s good. You guys have solid experience in crypto industry
Q3. To give a better understanding of the huge potential could you try and define the size of the market in which you’re trying to tap in?
Q4. Derivates and synthetic assets trading are a very hot topic right now. Where do you see the differences of decentralized platforms compared to their centralized counterparts when it comes to derivates trading? What advantages do users have on a decentralized platform?
Q5. Are there any limitations when you use a decentralized derivates Platform compared to a centralized one due to the technical difficulties of its on-chain nature?
Q6.Uniswap took the exchange market by storm and is gaining more and more popularity. Are there any similarities between YFX and Uniswap or is it something totally different?
Multi blockchain support unlike Uniswap ! 🔥
Q7. Can you give us your personal outlook on the market please? Do you think decentralized platforms are going to slowly take the market share of centralized juggernauts like Binances, Huobi and FTX?
✍️ Telegram live Questions answered by YFX DeFi ✔
📀Q.I’m a developer, and I’m interested in contributing to your project alongsides earning, Do you have any Bug Bounty to check for vulnerabilities ?
We do. Please submit bug you find to email@example.com
where the YFX Project from ?
Raufur Rahim Bappy:
What are you major goals to achieve in the next 3–4 years ? And What are your plans to expand and gain more adoption ?
our goal is competing with CEX on derivatives trading. We want to replace them in 3 years
what companies are you partnered with or seeking to partner with in future ?
Other defi project could provide liquidity or need to list on yfx.com. Also public blockchain which are highly scalable