Topic: Satoshi Club x MCDEX AMA - $500 Reward Pool (Read 238 times)
Is the MCDEX platform fully functional? Why do you allow only 10x Leverage when other exchanges allow 125x?
Why should people use MCDEX over centralized exchanges and existing Decentralised exchanges?
If MCDEX is Fully Decentralized, who manages the AMM and the settlement of the perpetual contracts?
I would appreciate to hear these answers on AMA:
1) Do you plan to add fiat or other cryptocurrency unless ETH as an alternative option for deposits/withdrawals?
2) How do you list new assets on mcdex? I have not found on your site the info how to apply for a new listing. Could you tell more about the listing procedure, fees, etc
1) Do you plan to add fiat or other cryptocurrency unless ETH as an alternative option for deposits/withdrawals?
2) How do you list new assets on mcdex? I have not found on your site the info how to apply for a new listing. Could you tell more about the listing procedure, fees, etc
We are pleased to announce our next AMA on September 12th 2020 at 02:00 PM UTC Time: Satoshi Club x MCDEX
Part 1️⃣: $100/6 users- We'll select 6 questions from the community. A user can post maximum 3 questions. 4 Questions will be selected from our website - please submit your questions on our official announcement at this link and 2 random questions will be selected from Bitcointalk thread, please post your questions in this thread.1)) What are you trying to improve compared with other DEXs, what are some benefits of innovative hybrid order book model?
Your Global Ambassador Program offers huge rewards (up to $3,000 plus a bonus!!!). I guess you are having tons of candidates applying, please could you explain what requirements a candidate should meet and if you are focusing on any particular regions?
If I asked you to compare the financial architecture of your perpetual contract with the structure of perpetual contracts in the CeFi domain, what are the similar features?
In providing financing How does the volatility of the market price affect the index and how does your index fixing function provide advantage in continuous financing?
What is the role of the off-chain order book to increase liquidity and how does it come into play when liquidity is insufficient?
Most of the exchanges are available to download in Playstore or Appstore in mobile phone for easy and better access of the platform but it seems that MCDEX is not yet downloadable. So do you have a plan to launch a mobile application version for Monte Carlo Dex? Is this part of your roadmap? What is the exceptional features of MCDex that can catch a loyal trader for a long run?
Can you please elaborate more about the AMM or Automated Market Maker? How does it works in MCDEX network especially in Eth- Perp contract? Why did you choose to focus Ethereum contract rather than BTC or Usdt?
According to your website, Monte Carlo Dex or MCDex offers up to 10x leverage. As a trader I want to play safe, so did you wish to offer up to 5X leverage just like other platforms? Can you explain more about the setting of leverage and setting margin in MCDEX?
What's the roles of MCB in the ecosystem and how do you plan to overcome the present issue of excessive GAS FEES seeing that MCB is based on the ETH blockchain
The biggest problems for DEX is that of liquidity, speed, latency and Lagging, how does MCB deal with these issues to provide users seamless trading experience
What are decentralized perpetuals, and how does it differ from Traditional ETF
In your 3rd Biweekly report I see that MCDEX was researching for a Layer 2 solution to the problem of increasing Gas fees on the Ethereum Network to implement on MCDEX. What progress have you made in this regard, do you have some layer 2 solutions that you are already looking at?
MCDX V2 is based on mai2 protocol on the Ethereum blockchain can you explain what the mai2 protocol does and How it works
You have plans of Completing the development of MCDEX V3 by Q4 2020, what added features and improvements over your current V2 should we be expecting When MCDEX V3 is completed and what progress have you made so far in ensuring its completion
We are pleased to announce our next AMA on September 12th 2020 at 02:00 PM UTC Time: Satoshi Club x MCDEX
⚠️Total Reward pool: $500
⚠️Total Reward pool: $500
⚠️Requirement:
👉Join MCDEX TG group
👉 Follow Twitter
👉 Follow MCDEX Twitter
We will have the following structure:
Part 1️⃣: $100/6 users- We'll select 6 questions from the community. A user can post maximum 3 questions. 4 Questions will be selected from our website - please submit your questions on our official announcement at this link and 2 random questions will be selected from Bitcointalk thread, please post your questions in this thread.
Part 2️⃣: $100/10 users Open chat for 80 seconds. You can post Max 3 questions. MCDEX Team will select 10 questions and answer them.
Part 3️⃣: $300 - A quiz about MCDEX
Telegram groups:
MCDEX – @Mcdex
Satoshi Club - @satoshi_club
Russian - @satoshi_club_ru
Spanish - @satoshi_club_spanish
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