Francium Protocol x IM community AMA RECAP

TELEGRAM AMA: Im Community & Francium Protocol 🐋
⏰ AMA Timing : 11 February 2022 l 02:00 PM 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 @Neon_00 from Francium Protocol ���

Bà Tân | : Welcome everyone. Today Im Community will host AMA with Francium Protocol.

Bà Tân | : Today our guest is: @Neon_00 from Francium Protocol.

Neon _ : thanks ���

Ahrix : Welcome @Neon_00 to the IM community.

Bà Tân | : Can you introduce yourself to our Im Community?

Neon _ : Sure, I am Neon the Community Manager of Francium Protocol

Neon _ : It’ pleasure to be here

Neon _ : Thanks everyone ���

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/1491596254178312193) (will choose 5 question)

Session 3: Free Asking (will choose 5 question)

Bà Tân | : Start session 1 AMA.

Bà Tân | : Question1. Can you briefly describe what is Francium Protocol? We would like to know more about it and how it works. @Neon_00

Neon _ : Nice question ���

s we know that DeFi is a highly innovative field and many gain high yield through it,however, tons of capital is not used efficiently or wisely. At that time, we thought it’s time for us to build something, something that can enhance capital efficiency and bring users sustainable yield. That’s how Francium came into existence.

About working with the protocol, our UI is super easy to use. For instance, if you want to farm in one of our pools, let’s suppose SOL_USDC pair, all you need to do is deposit any one (SOL/ USDC)or both the assets( SOL and USDC of the pair. Francium’s on-chain smart contract will automatically convert half of the deposited (for you deposited USDC) into another token (e.g. SOL), then add these tokens to the relevant DEX to get the LP, and then stake the LP to the mining pool. In addition to that, compounding is important to generate profits. Francium helps users automatically take out their earnings and reinvest them into the relevant positions, by offering auto- compounding. This allows profits generated quickly, hence maximizing earnings.

We also have our own Lending Pool for 22 tokens:

Users can deposit tokens into lending pools on Francium to get interest. The APR of lending pools on Francium is higher than most of the lending protocols because utilization of funds in these pools is high most of the time.

Done

Bà Tân | : Question2. What products is the Francium Protocol project focusing on developing? @Neon_00

Neon _ : Francium is a yield strategy aggregator on Solana. Our vision is to let DeFi users apply any strategies on any targets, and bring various high-yield opportunities to the DeFi users.Francium Protocol is aimed to provide diverse yield targets and strategies with leverage allowing users to open leverage positions on multiple strategies such as portfolio management, leveraged yield farming, algorithmic trading strategies, etc

Leverage is the core part of finance. Francium has established its own liquidity provision protocol and is also actively expanding protocols and inter protocol lending to provide margin for strategies. Francium will integrate a variety of financial instruments (such as options and future) to help users create and implement various strategies. Moreover, Francium’s strategy bot will provide a host of functions like off-chain calculations and data input, Automatic Trading Strategy, Debt Refinance, LP Position Management, Stop-profit, Stop-loss, and Yield Collection & Compounding.

We have already launched Crypto native strategy and the upcoming Yield Strategies that users will enjoy on Francium are DeFi Composability Strategy and Trading System-Based Strategy and also a Strategy Building Infrastructure.

Details here : https://medium.com/@Francium-Vietnam/francium-một-nền-tảng-cung-cấp-yield-strategies-và-xây-dựng-cơ-sở-hạ-tầng-chiến-lược-phi-tập-4a7643b9ae52

Done

Bà Tân | : Question3. What are the outstanding features of the Francium Protocol project compared to other projects?

Neon _ : Wow ! ���

Francium is built on Solana. Solana is the fastest and the most inexpensive blockchain, hence reducing transaction costs which users ought to bear when using other blockchains. Francium is a Francium is a DeFi yield strategy aggregator, although yield farming is also one of our main offerings by the protocol at the current stage, however, in near future we will come up with various strategies, as the ultimate goal is to build a yield strategy aggregator, that is to say our aim is to bring high yield with different strategies to the DeFi users. So, at the final stage Leverage Yield Farming will be one of the strategies that you’ll be able to choose from the available strategies

As compare to other DeFi Solana based projects Francium offers distinct features such as

Stop — loss and we are the only Solana based project offering this function.

Yield farming Calculator/Simulator

Special farming sections such as the cross-chain section

Pseudo Delta Neutral Strategy

Templates: For Pseudo Delta Neutral and long and short position with 3X leverage

simulator

Cross Chain

Neutral Strategy

Well explained details about the above mentioned features and the protocol itself are available in docs especially written in Vietnamese Language here is the link: https://docs.francium.io/other-languages/vietnamese

Done

Bà Tân | : Question4. What are the achievements that Francium Protocol has achieved in the past time?

Neon _ : A joint Grant from Serum and Solana

2021 Solana Hackathon

a. First runner-up place in Asia

b. Kin Sponsorship Award

c. Community Quadratic Voting — Top 5 Most Popular Project

And we are aiming for more !

Done

Bà Tân | : Question5. What is the development roadmap of the Francium Protocol project at present and in the future?

Neon _ : Our latest roadmap (2021–2022) is :

MileStone1

Stop-Loss, Take-Profit, Hedge, Margin + Yield Farming (05.2021–10.2021)

MileStone2

Oracle cooperation and robot automation + Well-known strategies (11.2021–03.2022)

MileStone3

Import a variety of targets (LP tokens, Synthetic assets and more) + Collaborate with renowned partners to create innovative DeFi strategies (04.2022–06.2022)

MileStone4

Modular development components + Build strategy community (07.2022–06.2023)

done

Bà Tân | : End of session 1

Bà Tân | : Session 2: Question From Twitter (will choose 5 question)

Bà Tân | : Question1. Apparently, Francium is one of the elements in the periodic table of elements and mostly used for experiments and diagnostics for curing cancers. Does your project’s goals and concept has a correlation to the element’s nature and uses?

Neon _ : Chemistry Lovers are here !���

We are a Yield strategy aggregator, the goal of Francium is to bring various high APR strategies to DeFi Users. As we know that Francium is a rarely found and highly reactive element of the periodic table, our project will try it’s best to be the distinct and rare project of the ecosystem where users would love to participate in due to the best UI, high yields and innovative strategies. This is how we are aiming to stand as a unique project just like the element Francium.

Done

Bà Tân | : Question2. Smart contracts are susceptible to failure and many projects fall victim to this, costing users money and the project discrediting. How reliable and secure is your smart contract? Have you tested it through any of the parties?

Neon _ : Excellent question ���

Your concern understandable, firstly we have gone through the process of audit by two famous firms, here are the reports: https://docs.francium.io/resources/audits

Secondly in order to overcome risks the protocol is also taking initiatives to control risks by:

1 Only whitelisted assets & targets can be invested by users.

2 To avoid unpredicted fluctuations of the crypto market, we allow users to set a stop-loss position.

3 Francium has an embedded/underlying anti-price manipulation mechanism.

4 Francium stores 10% of loan interest to Rainy Day Fund to reduce tail risk to the minimum.

Done

Bà Tân | : Question3. Can you indicate a feature or feature that you like best about the platform so that it can compete with other competitors? What are you most confident about for your platform? Do you have plans to get users to choose your platform???

Neon _ : Well as a member of the team Francium the whole project is close to my heart, but if you really want me to name some of the most admirable aspects of the project based on the comments of our users I would say Francium’s UI, as it is user friendly, Francium’s yield farming simulator a neat tool that help users check their positions, leverage up to 6x and also high ARY’s. Let alone various strategies and a strategy building infrastructure that we will offer soon

done

Bà Tân | : Question4.Do you agree that the power of the community will lead your project to grow globally? DeFi world is growing very fast & becoming more competitive, what are your tricks to attract more community? do you have a good marketing team? What events do you prepare to attract investors?

Neon _ : ��� Well you can not underestimate the power of the community, especially when you’re rated as one the top 5 most favorite projects voted by the community. In terms of attracting community, personally I believe the trick is to be honest with the users and work, and passionate with whatever you’re doing, and trust me users will feel it. As for the marketing team I believe we have got what we need. In terms of attracting users or investors , let the project speak for itself.

done

Bà Tân | : Question5.It caught my attention that right now Francium has a Market-Neutral Farming Strategy Testing going on, can you tell us more about this? What is this Strategy Testing really about? What benefits can users get from participating in this? How can they participate if they want to?

Neon _ : The strategy is already available and you can participate in that. The strategy takes a long and short position in an asset simultaneously to minimize the effect on your portfolio when the asset’s price fluctuates. When you believe the asset value in the pair will neither rise nor fall dramatically in the coming period this is the right time to participate in this strategy. Your position will be closed at the maximum 10 % drawdown of the total position value to avoid further loss.If you are risk-averse but still want to participate in farming, this strategy may be considered.

To participate:

1 Go to : https://francium.io/app/strategies/farming

2 Choose from Raydium or ORCA where ever you want invest

3 Click invest, input the amount in USDC , again click invest, that’s all

Details about the underlying mechanism is here:

https://medium.com/@Francium-Vietnam/francium-ra-mắt-canh-tác-chiến-lược-đầu-tiên-pseudo-4ddf51acd887

Docs: https://docs.francium.io/other-languages/vietnamese

this the one ! ���

Done

Bà Tân | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @Neon_00 ���

Neon _ : 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/franciumprotocol

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 @Neon_00 some time to go through them.

Q1. All projects are geared towards the development of the community, because the community is the key to the strong development of the project. So do you have a global ambassador program or referral rewards system or bonuses for newcomers to your community?

Neon _ : Yes Francium pay attention to community development. We have launched a global ambassador program we have many regional channels on our discord including Vietnam. We also organize activates so users can win CPs and USDC by participating in them.

Q2. Hello sir

Can you list 1–3 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..?

Please look into the matter

Neon _ : 1 Stop loss feature we are the only project on Solana ecosystem offering this feature. 2 Pseudo Delta neutral strategy 3 yield framing simulator

Q3. Can you tell me more details on the IDO? The schedule and contribution for each?

Neon _ : Thanks for asking that we are considering it , and we’ll announce all the related news via our official channels so please stay tuned. And follow our social links .

Q4. I am interested to invest in your project?. When and where can I buy your tokens? Is it already listed exchanges?? ?

Neon _ : For investments we are open to that, we don’t have a native token yet. For token related information stay tuned to Francium’s official channels.

Q5. Where i can get all the latest news about ? Do you have Twitter/Telegram/Discord community? If yes can you share the link here because there is a lot of fake telegram/twitter groups?

Neon _ : These are the official links of Francium protocol: Website:

https://francium.io/app

Document:

https://docs.francium.io/

Twitter:

https://twitter.com/Francium_Defi

Discord:

https://discord.gg/francium

Reddit:

https://www.reddit.com/r/Francium_DeFi/

Medium:

https://francium-defi.medium.com/

Telegram:

https://t.me/franciumprotocol

Github:

https://github.com/Francium-DeFi

Video:

https://www.youtube.com/channel/UCRHiajmfMkCid7quA8QW6LA

Audits:

https://docs.francium.io/resources/audits

Pre-release Site:

https://preview.francium.io/app

Done

Bà Tân | : Thanks for the useful information from @Neon_00

Bà Tân | : End of session 3

Bà Tân | : For questions that have not been answered today, you can send them to @franciumprotocol for answers.

Bà Tân | : IM Community, if you would like to know more about Francium Protocol ! here are some useful links for you:

Official Website: https://francium.io/app/invest/farm

Twitter: https://twitter.com/Francium_Defi

Telegram: https://t.me/franciumprotocol

Github: https://github.com/Francium-DeFi

Medium: https://medium.com/@Francium-Defi

Discord: https://discord.com/invite/ZveUs4KjC6

Bà Tân | : Allright, I declare the Im Community AMA with Francium Protocol has ended.

Thanks to @Neon_00 | Francium Protocol joined us and provided us with Francium Protocol information, we hope that this knowledge makes us understand more about https://francium.io/app/invest/farm

To the members, thank you for following this event to the end. winners will be announced soon.

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IM is a PR group — Marketing support for Airdrop, advertising, AMA, Services … in Vietnam Flag of Vietnam. — — — — — — — - TG: https://t.me/imcommunityitw

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IM is a PR group — Marketing support for Airdrop, advertising, AMA, Services … in Vietnam Flag of Vietnam. — — — — — — — - TG: https://t.me/imcommunityitw

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