Filet.finance x IM community AMA RECAP
🐋TELEGRAM AMA: Im Community & Filet.finance 🐋
⏰ AMA Timing : 12th May 2022 l 10:00 AM UTC
Venue For AMA : https://t.me/imcommunityitw
🎁 Reward Pool 100 USDT
➡️ The reward pool for the best 5 questions from Telegram is $50($10 Each) 💸
➡️ The reward pool for the best 5 questions from Twitter is $50 ($10 Each) 💸
Bà Tân | : Welcome @Allen_z09 from Filet.finance ���
Allen | Filet.finance : It’s my great pleasure to come here and introduce Filet and our promotion activity to you
Bà Tân | : Welcome everyone. Today Im Community will host AMA with Filet.finance.
Bà Tân | : Today our guest is: @Allen_z09 from Filet.finance.
Bà Tân | : Can you introduce yourself to our Im Community?
Allen | Filet.finance : Yes, I’m the Filet researcher representing Filet to introduce Filet and explain our activity to every friends here
Bà Tân | : Thanks for the introduction.
Bà Tân | : Today’s AMA will have 3 session
Session 1: Project Introduction
Session 2: Question From Twitter (https://mobile.twitter.com/IM_Communityitw/status/1523974590296633344) (will choose 5 question)
Session 3: Free Asking (will choose 5 question)
Bà Tân | : Start session 1 AMA.
Bà Tân | : Q1.Can you briefly describe what is Filet.finance ? We would like to know more about it and how it works. @Allen_z09
Allen | Filet.finance : sure, let’s start now
Filet is a Filecoin mining power tokenization protocol that deployed on the Filecoin, BSC, HECO and Mixin network
It tokenizes Filecoin mining power and introduces it into the DeFi ecosystem to provide FIL holders with risk-free and high-growth FIL staking services, and the annualized FIL return is about 30%.
sorry, network lag���
Bà Tân | : No problem sir ���
Allen | Filet.finance : now let me introduce how Filet works
first we need to understand the basic conditions of Filecoin mining
First, you need hardware facilities such as IDCs or mining machines. Second, you need professional operation and maintenance. Third, you need a certain number of tokens for staking.
For ordinary investors, the price of hardware is out of reach, not to mention professional operation and maintenance.
Only professional mining service providers can fully meet these requirements. Even so, mining service providers still need a large number of tokens for staking to expand their service, which is also a big challenge.
Considering the high barrier that is turning ordinary investors away and the problem of token staking, Filet launched to connect global high-quality mining service providers with ordinary investors, so that mining service providers can gather the idle FIL from the market
that means investors can use the FIL they have for mining
Filet is playing the role of gathering the idle FIL in the hands of ordinary investors and providing them to mining service providers as the tokens for staking in Filecoin, and at the same time distributing mining service providers’ mining power to ordinary investors
so that they can also participate in Filecoin mining
With the help of Filet, mining service providers can expand the scale of mining with idle FIL in the market, and users can join Filecoin mining without any additional investment.
that’s it, host~���
Ahrix : The answer is detailed. ���
Allen | Filet.finance : ���any other questions
Bà Tân | : Q2.What are the outstanding features of Filet.finance compared to other projects?
Allen | Filet.finance : wow, this is amazing
OK, first, compared with traditional Filecoin mining, Filet has a very low entry barrier and is suitable for any ordinary investor in the market
Filet’s staking and mining don’t require mining machines that are worth millions of dollars. You don’t need to provide a large amount of staked tokens or worry about the mining power costs, gas fees, packaging period, mining period, and mining efficiency
In Filet, all users only need to stake FIL to mine Filecoin. The staked FIL will be no loss, and it can be withdrawn together with the profit at maturity~
so for users who already hold FIL, there is no more cost but time
Filet is a decentralized platform, all assets are open and transparent, and the code has been audited by a third-party security agency Certik, which ensures the security of users’ assets to the greatest extent���
The mining method of Filet is a big advantage compared to cloud mining power that you need to spend additional money to buy
Moreover, Filet’s mining income far outperforms most DeFi projects. On Filet, the APY of 360-day staking can reach about 30%~
At present, the APYs of most risk-free or low-risk DeFi products in the market are below 10%, so the APY of Filet — 30% is far higher!
At the same time, there are various other flexible staking periods available, which meet the investment needs of ordinary investors to the greatest extent. Filet’s staking and mining is the most convenient and risk-free way for ordinary users to join Filecoin mining
Bà Tân | : Q3.What are the benefits users get when using the Filet.finance platform?
Allen | Filet.finance : well, as we know, Filecoin is the leading project of distributed storage and has great potential for development in the future. The best way for ordinary investors to seize the dividends of distributed storage is to join in Filecoin mining and get Filecoin tokens FIL
therefore, Fielt’s staking and mining have provided ordinary investors with a fast pass to increase assets with zero risk!
we can see that the price of FIL is currently at a historically low level. It is obviously not a wise choice to sell FIL for cash~
For FIL holders and users who are optimistic about the future of Filecoin, now is the best time to buy FIL
and joining in the Filet staking can greatly increase your wealth
according to the current APY, staking 100 FIL per year can get about an extra 30 FIL in return. If the FIL price returns to the high point of more than 200U, it equals an additional income of 6000U per year without any additional cost!
if you bought FIL at a high price and got trapped, it is also better to stake the FIL in Filet than keep them in the exchange
because if you stake your FIL in Filet, you are making more FIL every day, once the FIL price rises to 60% of the buying price, you will almost not lose money~
this way will be much faster than keeping FIL in the exchange and waiting for the price to rise again
also, Filet is the best choice for conservative investors
the current FIL price is about 10 USD per FIL, it has basically reached the bottom, and the probability of rising in the future is far greater than that of dropping
if you choose to stake, you can get benefits from prices rising and mining. If you are not satisfied with the price when the staking expires, you can stake them again and then sell at a reasonable price later~
done host~���that’s what we can get from filet, not bad right?
Bà Tân | : Q4.Can Filet.finance team please update some Filet.finance latest news or major events to attract more users?
Allen | Filet.finance : sure!
Filet is always very popular among users since its launch. At present, the amount of staked FIL in Filet has exceeded 100,000 and is growing continuously
so to celebrate the milestone of 100,000 FIL, Filet officially launched a limited blind box welfare event to reward users~
There are various bonus coupons placed in the blind box, as long as you win a coupon, your staking earnings can be increased permanently! For example, if you open a blind box and get a 10% bonus coupon, you can add another 10% to your daily income
to get a blind box, please connect your address with Filet Dapp first, we support Filecoin, BNB, HECO, and Mixin network
In the following ways, you can get a blind box:
1. Visit Filet’s official website (www.filet.finance) for a few seconds
2. Claim earnings if you had staked in Filet
3. Ask friends to share a blind box with you
along with the blind box, Fielt will giveaway officials subsidies
you can present a blind box to your friends. Once your friend receives the blind box and successfully staked in Filet using the bonus coupon from the blind box, Filet will give you a FIL subsidy according to the number of the invitees and the amount of FIL they stake
let me give you an example
if the inviter (you) sends the invitee (your friend) a blindbox, and the invitee get a 10% bonus coupon after opening the box and then he/she used it to stake 100 FIL for 360 days (APY around 30%), the invitee (your friend) will get 10% more FIL income, which is 100FIL×30%×(1+10%)=33FIL, and Filet will officially give the inviter (you) a FIL subsidy of 8% of your friend’s FIL income, which is 100FIL×30%×8%=2.4FIL.
in short, if A invites B and send him a blind box, B get a 10% coupon, then
B stakes 100FIL in Filet, he will get 100FIL×30%×(1+10%)=33FIL
Filet official will give A 100FIL×30%×8%=2.4FIL as reward
is that clear? that’s the latest event we are launching, host~
Bà Tân | : Q5.What is the current and future development plan of the Filet.finance project?
Allen | Filet.finance : well, talking about this, I have some good news
next month, Filet will be invited to participate in the FIL Austin community face-to-face summit hosted by the Filecoin Foundation
at that time, Filet officials will deliver speeches at the summit, introducing Filet’s contribution to the Filecoin ecosystem and seeking opportunities for cooperation with Filecoin officials
we will also discuss the future development of Filecoin with the builders, developers, and partners of the Filecoin ecosystem, and actively carry out relevant cooperation
and in the future, Filet will further improve and optimize the functions, add more high-quality mining service providers to Filet, and provide users with more mining services, making Filet truly a gathering place for global Filecoin mining service providers and miners!���
we’re so proud of being invited by Filecoin foundation!
that’s it host~is it a good news?���
Bà Tân | : GREAT NEWS������
Bà Tân | : End of session 1
Bà Tân | : We will move on to session 2.
Bà Tân | : Session 2: Question From Twitter (https://mobile.twitter.com/IM_Communityitw/status/1523974590296633344) (will choose 5 question)
Allen | Filet.finance : all right!
Bà Tân | : Question1. @KanjutTjanda
There are many DeFi platforms currently on the market, but part of their competition is about the rates and scalability they offer users. Can you tell us how #FiletFinance handles this problem? What features will #FiletFinance add to create long term benefits for users?
Allen | Filet.finance : well, Filet is fundamentally different from other ordinary DeFi platforms
the high returns of many DeFi platforms are based on high risks. Once the market fluctuates, users will suffer losses!
but, Filet staking is essentially a behavior of mining. The amount of FIL that users ultimately obtain has nothing to do with the ups and downs in the market but is only related to the Filecoin economic model
in other words, as long as FIL is staked in Filet, users will continue to receive the mined FIL. There is absolutely no risk of losing the principal
there are truly some capital-guaranteed DeFi platforms
but the APYs are below 10%, which is completely incomparable to Filet
Filet is also capital-guaranteed,but with about 30% APY
and, to meet the needs of more users, Filet has various staking periods for users to choose from, and even a current period staking is available, which means that you can stake and withdraw at any time,
these products maximize the benefits for users
Bà Tân | : Question2. @NguyyenTyPhu
Most investors simply focus on the price of the TOKEN in the short term, and not on the real value of the project. Can you tell us about the motivation and advantages of token investors in the long term?
Allen | Filet.finance : we must know that the short-term price fluctuations are a reaction to the market, while real value must be revealed over time
if you watch the price ups and downs every day and operate frequently, you will probably end up losing gas fees or even your principal
when we truly recognize the value of a project, the best way is long-time holding, so as to maximize the benefits
taking Bitcoin as an example
most people who get huge benefits from Bitcoin are early Bitcoin miners or people who have been holding for a long time
few people achieve financial freedom through frequent buying and selling in the secondary market
the current Filecoin is like the Bitcoin in the past
mining and holding tokens are the best way to seize its dividends
for ordinary investors, Filet mining is the easiest way with the lowest entry barrier to operate, and it is also a powerful tool for users to earn FIL
Bà Tân | : Question3. @ThanhSerafina
Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Can you tell us about your current partners, plans for partnerships and what everybody stands to gain from these partnerships?
Allen | Filet.finance : Yes, at present, we have cooperation with some well-known public chain projects and world-renowned mining service providers
based on these cooperative relationships, we will provide users with better services
like I said above, we will participate in the FIL Austin summit hosted by the Filecoin Foundation next month
Filet will seek official cooperation with Filecoin, and strive for providing more benefits to users
and at the same time, we will actively try to cooperate with other high-quality projects in the Filecoin ecosystem to launch more high-quality products~
Bà Tân | : Question4.@alabaca_david
Community support is one of the biggest aspects of project success. Most projects have procedures for interacting with their users. Do you have any special plans to attract and expand the community and improve the user experience?
Allen | Filet.finance : well, the blind box event we are launching will help strengthen the interaction between the community and Filet officials, attract more users to participate in Filet staking
and expand the size of the community as well
meanwhile, we will further optimize the experience of Filet products, further reduce the entry barrier for users, and at the same time launch more products suitable for more users
that’s it host~~
Bà Tân | : Question5.@Annabelz327
What is the ultimate vision that Filet Finance is trying to achieve within the cryptocurrencies market? Obviously the whole space will experience huge growth in the upcoming years, but what role would you like your project to play in this ?
Allen | Filet.finance : OK, at present, the development of Filet depends on Filecoin
and at the same time, Filet is also a boost to Filecoin
Filet’s goal is to connect more global high-quality mining service providers, become an important part of the Filecoin ecosystem, and promote the large-scale implementation of Filecoin’s distributed storage
at the same time, Filet also aims to provide the most convenient way for ordinary investors to seize the opportunity of distributed storage development and realize wealth increase~
Bà Tân | : Congratulations to the winners of session 2.
Bà Tân | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @Allen_z09 ���
Allen | Filet.finance : my pleasure☺️
Bà Tân | : End of session 2
Bà Tân | : We’ll move on to session 3
Bà Tân | : Session 3: Free Asking (will choose 5 question)
Bà Tân | : Don’t forget to join the group https://t.me/filet_finance
Bà Tân | : Group will unmute now so everyone can ask questions.
Bà Tân | : Thanks for the questions from the community.
Bà Tân | : Now let’s give our dear guest @Allen_z09 some time to go through them.
Allen | Filet.finance : wow, so many questions, I can feel your passion! just wait a minute, so we can pick some of them
Q1.Can you list 1–4 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?? @sakib787878
Allen | Filet.finance : Yes.
1. Our project is safe and secure, the code has been audited by a third-party organization, and the assets are open and transparent
2. The entry barrier of Filet is very low, it requires no additional cost other than the FIL already in your hands
3. Our return is much higher than other DeFi platform
Q2.Can you please provide me your official telegram group links and social media links? I have seen many similar groups @Amalavar_01
Allen | Filet.finance : Of course.
Beware of scam projects, please confirm the above information when you visit Filet~���
you can also get more news about Filet from https://t.me/filet_financenews
Q3. Do you have an AUDIT certificate or are you working to AUDIT your project, so that its security becomes more secure and reliable? @obsessedCake21996
Allen | Filet.finance : YES.
Our code has been audited by the well-known security agency CertiK
This is the audit report: https://www.certik.com/projects/filetstaking
Q4. Do you have any big promotion going on or any event? What are your roadmap plans for upcoming events? @ore_o_333
Allen | Filet.finance : YES.
Filet has launched a limited blind box welfare event to reward users. There are various amount of interest rate increase coupons placed in the blind box , and as long as you win the bonus coupon, the APY of the subsequent staking can be increased permanently!
Visit here to get blind box: https://www.filet.finance/blind-box
In addition, at 11:00 am (UTC) tomorrow, we will have a detailed introduction in a live stream to introduce the Blind Box event, and you are welcomed, 50U will be given away tomorrow!
Q5. Which area are you focusing on at the moment? (DeFi, Stake,Dapps..) and what is your goals in this year ? @kutephomaiquee
Allen | Filet.finance : We are a decentralized mining power platform focusing on Filecoin staking and mining. Our goal is to help the ecological construction of Filecoin and allow ordinary investors to seize the dividends of Filecoin.
that’s all~ five answers to five questions
Bà Tân | : Thanks for the useful information from @Allen_z09
Bà Tân | : End of session 3
Bà Tân | : For questions that have not been answered today, you can send them to @filet_finance for answers.
Bà Tân | : IM Community, if you would like to know more about Filet.finance ! here are some useful links for you:
Official Website: https://www.filet.finance
Bà Tân | : Allright, I declare the Im Community AMA with Filet.finance has ended.
Thanks to @Allen_z09 | Filet.finance joined us and provided us with Filet.finance information, we hope that this knowledge makes us understand more about https://www.opensky.finance (https://www.opensky.finance/)
To the members, thank you for following this event to the end. winners will be announced soon.