04 Dec 202113:23
AMA
Marnotaur AMA Recap

Marnotaur AMA Recap

Myko (CryptoDiffer)Myko (CryptoDiffer)

Hello, everyone!😁

We are glad to meet here:

Mariia Danilova, Project Manager

Mariia DanilovaMariia Danilova

Hello everyone!

Myko (CryptoDiffer)Myko (CryptoDiffer)

Welcome Mariia, thank you for taking your time today!
Let's start with some introduction)
Q1: Can you introduce yourself to our community?

Mariia DanilovaMariia Danilova

I am Mariia D. and I’m a Project Manager of the Marnotaur liquidity protocol. I have more than 3 years of experience in the blockchain industry as a Project Development Manager

Myko (CryptoDiffer)Myko (CryptoDiffer)

Thanks for the answer!
Q2: Can you introduce Marnotaur to us?

Mariia DanilovaMariia Danilova

Marnotaur is a liquidity protocol for secure undercollateralized margin. It is fully compatible with any other protocol or DeFi network. Our platform offers traders the means to borrow assets and immediately trade them, increasing their capital. We also provide an opportunity for leveraged trading and farming as well as earning as a liquidity provider or keeper

Myko (CryptoDiffer)Myko (CryptoDiffer)

okie, noticed!
Q3: Let`s now talk about the milestones you have achieved so far and about your upcoming plans?

Mariia DanilovaMariia Danilova

Our team is working hard to make the platform convenient for users who want to earn additional income. We are going to launch the testnet during which there will be a certain limit of deposits, borrows and lends allowed for users. Mainnet will allow users to deposit, lend and borrow according to general rules. We will also add additional farming pools for liquidity providers after the mainnet launch.

In addition, we launched the MÆRⴼTΩR NFT collection. During the pre-sale, 5 squadrons were sold. The 6th squadron is on sale now.

You can find more details about our achievements and plans on the Roadmap section on our website: https://marnotaur.com/en

Cryptodiffer CommunityCryptodiffer Community

1. What are the unique features possessed by Marnotaur that makes you think it will be one of the most profitable platforms? And what are the strategies in place by the team to attract new users and investors?

2. Can you explain to us the major benefits that the Marnotaur ecosystem will be providing to its users?

Mariia DanilovaMariia Danilova

Marnotaur is a Decentralized platform. None other DeFi can provide even 1.5x leverage while we offer 5x. In the future, this figure will rise to 10x. Unlike CeFi, Marnotaur let you be the only owner of your coins without KYC/AML and other complex procedures.

Marnotaur has launched its NFT collection. Each NFT is rare and can be used for farming and provides better conditions on the platform. Users also can count on 9x leverage farming when they join Marnotaur.

Cryptodiffer CommunityCryptodiffer Community

I want to invest to your project. How can I buy your token? Is there a Pre-sale or Public sale of your token? when will it take place? and how can I participate in it? Please share its contract address

Mariia DanilovaMariia Danilova

$TAUR is the utility token of the Marnotaur platform. It will be used for the following purposes:
- Rewarding users for providing liquidity
- Rewarding stakers with a share of the revenue from liquidations
- Rewards for farmers
- Platform governance - token holders will be able to vote on proposals regarding the development of the platform

We also have a buy & burn program to take pressure off the token price.

$TAUR token was been finally listed on two exchanges. Gate.io is a centralized one and PancakeSwap.finance is a decentralized one. Also, we completed community rounds on DAOMaker and Infinity Pad, and the IDO participants received their allocations on October 25th.

Cryptodiffer CommunityCryptodiffer Community

I understand that the maximum leverage provided by Marnotaur is 5x, but really why would I prefer to trade on this platform, when I can trade with more leverage on CeFi and with much less complexities?

Mariia DanilovaMariia Danilova

5x leverage will be available during the 1st stage of the project. In the subsequent stages, we are planning to increase it up to 10x.

We are creating a DeFi product so you don’t need to pass any KYC/AML or do a lot of other staff in order to take leverage. You just need to connect your wallet. Everything is very simple.
Our product belongs to the DeFi market, which has a huge number of advantages, ranging from ease of use to not having to register or provide personal data.

However, there are more risks involved. Inexperienced users could immediately get a liquidation call and lose most of their capital. That's why we're starting with a leverage of 5x - the most optimal leverage to reduce risks and increase profit. In future stages, we are going to offer leverage from 1 to 10.

Cryptodiffer CommunityCryptodiffer Community

1.What are Marnotaur hatchlings and what the unique properties of the hatchlings ?




2.Do you allow DAO voting for governance decisions on Marnotaur ?

Mariia DanilovaMariia Danilova

2) Marnotaur DAO members can participate in the voting process that determines the future development of the protocol and also gain unique benefits such as various gamification mechanics and access to deep analytics.
We have already held our first vote on the Marnotaur NFT collection, asking whether the Marnotaur project should continue to expand on the Marnotaur story by developing the story of Dexus and the Marnotaur race. You can read the more detailed information in our Medium articles https://medium.com/marnotaur and join our snapshot https://snapshot.org/#/marnotaur-dao.eth.
Our main goal is to become one of the most convenient and profitable platforms for users who want to multiply their gains. Due to this, we are working on increasing the number of connected platforms, pools and networks. We also have plans to allow our users to create their own liquidity pools with their own rules and search for liquidity providers.
Moreover, we are working on global awareness of our platform and have already created local communities, backed by Local KOLs and our support team

Cryptodiffer CommunityCryptodiffer Community

Farming has become very popular lately. What are your plans for those who want to farm?
How will you support those participating in your farming rewards program, how is it different from other platforms' farming programs?

Mariia DanilovaMariia Danilova

We are planning to launch farming with leverage on future stages of our platform
How many should I choose?

Myko (CryptoDiffer)Myko (CryptoDiffer)

those you find interesting
we don't give restrictionss

Cryptodiffer CommunityCryptodiffer Community

Are you aware of the risky nature of leveraged trading? If you are really aware of the risky nature, what are the strategies in place to ensure that users are safe from these risks?

Mariia DanilovaMariia Danilova

Yes, that is why we are launching 5x leverage on 1st stage of development. In general trading is always risky. That’s why we only recommend margin trading to users who need leverage to scale their trading strategies in order to earn more profit. In the future, we will include a choice of different leverage. Users will be able to take 2x leverage to conduct less risky trading.
What is more, we have an offer for your community!
Here is a special Gleam contest exclusively for you!
Complete these easy tasks to get $20 reward!

https://gleam.io/competitions/xZbel-marnotaur-cryptodiffer-ama-gleam

Cryptodiffer CommunityCryptodiffer Community

Marnotaur says its main goal is to become one of the most convenient and profitable platforms for users who want to multiply their gains. Could you tell us some of the steps you are currently taking to help make this possible? What effort are you making in helping to increase the number of collected platforms, pools and networks? Also, will it be possible for users to create their own liquidity pools with their own rules and search for liquidity providers or no plan for that?

Mariia DanilovaMariia Danilova

Currently we are working on testnet launch. Our platform has been created to allow users to multiply their gains. So, the community is very important to the development of our product. We will do our best to go on creating profitable and easy-to-use solutions that will allow users to earn profits in DeFi. So the best help you can give us is to just start using the platform at the beta stage
Follow our socials to be aware of recent updates:
Marnotaur - marnotaur.com

🔶Telegram: https://t.me/marnotaur
🔸Twitter: twitter.com/marnotaur
🔸Medium: https://medium.com/marnotaur
🔸Discord: https://discord.gg/VqYGFWYhAa
🔸YouTube: https://www.youtube.com/c/MarnotaurMarginTrading
I guess that is it🙏

Myko (CryptoDiffer)Myko (CryptoDiffer)

Okie!
Thanks for the ama:)

Mariia DanilovaMariia Danilova

Thank You for such interesting questions!
Don’t forget about offer for your community!
Here is a special Gleam contest exclusively for you!
Complete these easy tasks to get $20 reward!

https://gleam.io/competitions/xZbel-marnotaur-cryptodiffer-ama-gleam