🐋 TELEGRAM AMA: Im Community & Moma 🐋
⏰ AMA Timing : 25 May 2021 l 10:00 AM UTC l 17:00 GMT +7
Venue For AMA : https://t.me/imcommunityitw

🎁 Reward Pool 200 USDT
Bà Tân | :
Welcome @oceanliao from Moma

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

Bà Tân | : Today our guest is: @oceanliao from Moma.

Bà Tân | : Please introduce yourself a bit: @oceanliao

Ocean Liao : Hi all! I am Ocean, an entrepreneur in the blockchain industry. Since 2017, I have been building projects such as Gravity (the largest EOS node with 300,000+ token holders), Lichang.io (a community app with 1 million+ users), and TokenUp Wallet (100,000+ users).

I guess I am a “familiar name” or veteran among the Chinese blockchain community. And I am Founder & CEO of Moma Finance.

Bà Tân | : Thanks for the introduction @oceanliao.

Bà Tân | : Today’s AMA will have 3 sessions

Sessions 1: The chat will be muted & the team will introduce themselves then we will ask some introduction questions to the team Moma

Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1396505419716063234).

Sessions 3: The conversation will open to the community questions and the 5 best questions will be selected.

Bà Tân | : Rules to follow AMA : ⤵️

▫️ Join : Telegram group Moma Official (https://t.me/Moma_Official) and IM Community (https://t.me/imcommunityitw) , Channel Im community (https://t.me/imcommunityit)

▫️Follow: Twitter Moma.Finance (https://twitter.com/Moma_Finance) and IM Community (https://twitter.com/IM_Communityitw)

Web & Community:


Bà Tân | : Those who haven’t joined @Moma_Official group will not be eligible for AMA rewards, make sure you did.

Bà Tân | : Start session 1 AMA @oceanliao

Bà Tân | : Question1. Can you provide a brief introduction to the core team behind Moma?

Ocean Liao : Sure.Moma’s team formation started in October 2020 but our core team members have known each other for quite some time. Our CTO V.C. and myself both graduated from Fudan University and have worked together in previous projects, and our CMO Virginia, who is the owner of a crypto fund in Hong Kong, has also been sharing deal flow and industry resources with us since 2019. So this is not the first time our core members work together.

Ahrix : @oceanliao Please say “Done” when you have finished the question, thank you.

Ocean Liao : Got u.Done.

Bà Tân | : Question2. What products are the Moma team developing?

Ocean Liao : Ok.Now let me give you guys a brief introduction of Moma Protocol:

Moma Protocol is a solution that meets the liquidity, scalability, incentive diversification, and speculative needs of the lending markets. With Moma Protocol, everyone can create and manage lending markets. The protocol offers a proprietary customizable Smart Contract Factory which serves the lending markets and users in three roles:




Factory is a smart contract factory that can produce and manage Launch Pool and Lending Pool.

Launch Pool is a customizable Pre-Lending Pool designed for community mining. Community tokens can be distributed for any projects through the Launch Pool.

Lending Pool is a customizable lending market pool with an over-collateralized loan structure. This pool can support lending and borrowing in any market.

Aggregator is a calculator and analyzer based on Pool and market data. It helps users solve their personalized DeFi demands for lending, borrowing and community mining of crypto assets.


Bà Tân | : Question3. What is that significance of Moma token? What benefits will users who hold Moma Token get?

Ocean Liao : Moma Token is the native governance token of the Moma protocol. The utility and use cases of Moma include but are not limited to:

$MOMAT holders can obtain part of our platform’s revenue.

$MOMAT holders can enjoy certain privileges and interests for future use of the platform’s lending market or other services.

$MOMAT holders can vote to participate in the development and key governance of the platform.

$MOMAT holders can stake $MOMAT into the DAO Pool to get incentives.


Bà Tân | : Question4. Could you please provide some progress on your Roadmap and the results Moma has made so far?

Ocean Liao : At present, we have completed most of the coding work. Moma’s code is audited by two different auditing companies, both well known in their regions, and will get ready to go live by the end of May. And we will have a complete beta version after the audit is completed in two or three weeks.

In terms of the community development, we are continuously doing this. The number of English community has been over 14,000, and the global community has spread to China, Vietnam, South Korea, Middle East, and will be more. More and more influencers has mentioned and talked about Moma.


Bà Tân | : Question5. Let’s talk about your plan for global expansion. Which markets will you focus on? What are your plans for building and growing to gain users and partners?

Ocean Liao : Well, Moma is not a zero-start project. The Moma team has completed a community app with 1 million registered users in the past two years. In China, we have a great user base. Of course, we are also very aware of the importance of the overseas Defi community, so we have introduced many overseas institutions into our investment institutions, and with the help of them also onboard many KOLs, they will bring long-term influence and users to Moma.

Moma is a multi-chain protocol. We will gain more users and create more value by entering different public chains. When we finished the Ethereum version of the product launch, BSC, Heco, and Polkadot are all in our plan.

As I mentioned,Moma protocol has a very important function: Launch Pool. Any Defi project can complete the initial token distribution of the community by creating a Launch Pool. This is somewhat similar to IDO, but there is no risk at all, as users can stake various types of encrypted assets. To complete lossless mining. This feature can bring pool expansion, and it will also bring us users.


Bà Tân | : End of session 1

Bà Tân | : We will move on to session 2

Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1396505419716063234).

Bà Tân | : Question1. How was the idea of creating your project born? Do you still have that motivation and enthusiasm since the beginning of the project?


Ocean Liao : The platform idea of creating Moma Protocol came from two parts.

First, when I used Uniswap for the first time in 2019, I was totally overwhlemed about its permissionless and anonymous product logic. Anyone can create. Anyone can use. Anyone can participate. It’s really the kind of infinite game I always prefer!

When we were initiating our own DeFi project, I kept asking myself what is the best way to implement lending markets with unlimited scalability. Finally we decided to adopt this Factory pattern to produce customizable Launch Pools and Lending Pools, and the two types of Pools provide use case scenarios for each other, so in theory, infinite liquidity could be generated in this close loop platform design.

Second, before we established Moma, we already were running a two-year-old community app with over 1 million registered users and over 30 blockchain project partners. We believe Moma can offer real value to our existing users and business partners by providing a DeFi solution that suits today’s real market needs.

We have great confidence about the development of the crypto-industry and the DeFi market in the near future. Moma Protocol will play an important role in the field of DeFi market infrastructure, we always maintained the original motivation and enthusiasm.


Bà Tân | : Question2.Moma provides Launch Pool and Lending Pool solutions. What does Launch Pool and Lending Pool do? How will users benefit from using this solution?


Ocean Liao : Launch Pool is a kind of Pre-Lending Pool. Compared with the Lending Pool, the Launch Pool only has the Deposit function switched on, but not the Borrow function, so the operation of digital asset deposit and withdrawal can be realized.

Moma has a custom incentive pool design for the Launch Pool, where the creator of the Pool, or the Pool Builder, can inject digital assets into the incentive pool. The digital assets in the incentive pool can then be employed to motivate all users who deposit the specified assets in this Launch Pool after setting the release parameters.

This process is the same as the popular “Community Launch” or “Fair Launch” in the DeFi world. The goal is to encourage users to deposit assets and participate in mining through the setup of incentive pools to obtain the attention of users and complete the allocation of initial governance tokens. The function of Launch Pool provides a perfect solution for this.

After the Launch Pool process is complete, the Pool Builder can choose to upgrade the Launch Pool to a Lending Pool. By switching on the Borrow function and using the Oracle to feed price and employing the appropriate interest rate model and other parameters, the Pool Builder can to open a decentralized over-collateralized lending platform.

By supporting the lending liquidity of the custom token through the operation of the Lending Pool, projects and Pool Builders can but obtain double incentives: lending fee income PLUS Moma token incentives.

Each Lending Pool is also designed to be equipped with a customizable incentive pool where the Pool Builder can inject any digital asset to incentivize lending behavior to drive better liquidity and more revenue.

Moma Protocol can help any project complete the community start-up through Launch Pool start-up, and then upgrade to the Lending Pool process. One can seamlessly open a self-operated lending platform after obtaining the initial traffic, influence and users.

On the other hand, as a user participating in DeFi, he or she can not only participate in the Launch Pool of massive new projects on the Moma platform to start mining, but also participate in the lending and mining of various Lending Pools. Moma increases the speculation value of the whole ecosystem by providing more mining options, thus attracting more projects and users. The activities of both the project and user will attract more Launch Pools and Lending Pools, thus forming a growth flywheel or a close-loop business cycle for Moma.

The role of Launch Pool is not only to provide acceleration for the community start-up of Lending Pool and projects, but more importantly to create application scenarios of Lending Pools. Suppose that the user wants to participate in the start-up mining of the Launch Pool, but there is no suitable target asset (assumed to be ETH) that can be deposited. He or she can stake and lend his own digital assets (such as WBTC) in any suitable Lending Pools and then deposit ETH in the Launch Pool to get the incentive to start mining. This completes the lending process in the Lending Pool and thus generates interest revenue.

The purpose of the Lending Pool is that it can handle the yield-generation demand of the mining revenue generated from Launch Pool. Some of the digital assets obtained by users from Launch Pool mining will be traded into other assets, while others will have yield generation needs. Lending Pool can provide a yield-generation scenario for the digital asset and further meet the user’s investment demand.

In short, the Launch Pool starts and accelerates the Lending Pool. At the same time, the Launch Pool creates a lending scenario for the Lending Pool, while the Lending Pool undertakes the yield-generation demand for the Launch Pool income, constituting a complete ecological closed loop.

As a Defi user,you could stake your assets in one of our Launch Pools to mine any new project’s community-launching tokens. Also, you could deposit your assets into Lending Pool to get revenue and incentives.

We suggest our users to participate in Moma with a complete investment loop:deposit in Lending Pool -> borrow from Lending Pool -> staking in Launch Pool. Every action in the cycle will be rewarded with Moma tokens.


Bà Tân | : Question3. You comment that Moma provides a unique Oracle system that combines committee price feed and decentralized price feed mechanisms. What other features would make your Oracle proposal a better option than others more established in the market such as ChainLink?


Ocean Liao : Moma is a solution to meet the needs of the long-tail lending market, this means that there will be a large number of digital currencies in our market that need the support of oracles, and some of them can be met by current mature oracle solutions such as Chainlink, and some are not, that’s why we are here to offer a solution to meet business needs in today’s DeFi market.

Of course, Chainlink,including Uniswap and other DEXes will become our price-Feed data sources, but it is always better to have a set of oracle solutions that could be scaled and extended.


Bà Tân | : Question4. I could read on your whitepaper that Moma has introduced a role of “Whistleblower” to evaluate and identify unknown risk for lending platform, can you tell us more precisely about this role and what are their functions?


Ocean Liao : Whistleblower is the core mechanism of Moma’s risk management framework. With the expansion of Moma’s business and the increase of the number of Lending Pools, the workload of risk assessment and judgment would become very large. It would be impossible to complete all information judgment only through the risk control department of Moma. To accomplish this extremely important mission, we have designed the role of “Whistleblower” in the system.

Anyone could become a Whistleblower by staking Moma tokens, and the specific details will be announced after our product goes live.

After a user has become a Whistleblower, he or she could submit risk warning information. Moma will judge how valid such risk warning information is, through community or committee governance. Once the information is confirmed to be factual and valid, the Whistleblower who submitted the information will be rewarded by Moma tokens. If the information submission is malicious, the collateral in Moma token will be slashed as a form of punishment.


Bà Tân | : Question5. What are your advantages over other projects? Is it from security or the technology you are using? Or are there other advantages? What makes you believe that your project is unique and worth choosing in today’s competitive marketplace?


Ocean Liao : Compared with competitive products, Moma Protocol’s advantages are mainly reflected in the following aspects:

1.Limitless Markets: Moma can support an unlimited number of assets, while other lending platform only support a limited number of assets.

2.User-defined pools: Moma offers a customizable pool solution, while Aave, Compound and Cream do not.

3.Application scenarios: Moma’s use case scenarios are extended to Launch, Lending, and Aggregate, while Aave, Compound and Cream’s user case scenario limits to lending.

4.Incentive tokens: With the multi-pool pattern,Moma can have an unlimited types of incentive tokens, not just Aave, Comp and Cream tokens.

5.Risk management: Moma creates a multi-folded and sophisticated risk management framework, including: Token Risk Rating Database, Reserve Pool, Staking Management Pool and Whistleblower Mechanism. Aave, Compound, and Cream mainly rely on a single token risk framework.

6.Anyone can create ! Anyone can use ! Anyone can earn !


Bà Tân | : End of session 2

Bà Tân | : We’ll move on to session 3

Bà Tân | : Sessions 3: The conversation will open to the community questions and the best questions will be selected.

Bà Tân | : Rules to follow AMA : ⤵️

▫️ Join : Telegram group Moma Official (https://t.me/Moma_Official) and IM Community (https://t.me/imcommunityitw) , Channel Im community (https://t.me/imcommunityit)

▫️Follow: Twitter Moma.Finance (https://twitter.com/Moma_Finance) and IM Community (https://twitter.com/IM_Communityitw)

Web & Community:


Bà Tân | : Those who haven’t joined @Moma_Official group will not be eligible for AMA rewards, make sure you did.

Bà Tân | : Great

Bà Tân | : Thanks for the questions from the community.

Bà Tân | : @oceanliao Pick the 3 best questions and answer it for session 3.

Q1. DeFi is one of the hottest topic in the blockchain space right now. Can you share your opinion about DeFi with us? Do you think that DeFi will disrupt the existing financial system? What is Moma Finance approach towards the DeFi sector?

Ocean Liao : I think Defi represents everything in the future of the blockchain industry. Not only because it is naturally related to assets, but more importantly, it can do things that traditional finance cannot do.

Defi is bound to overturn the existing financial system. This is not only about technology, but also because Defi fully meets the community’s needs for equal rights.

I think liquidity is the first principle of Defi. Moma was born to provide more long-tail liquidity. From this point of view, it may become a great product like Uniswap.

Q2. Smart contracts are vulnerable to bugs, and even recently three big new DeFi projects were victims of this, costing users funds. How efficient and secured is your smart contract, and did you ever audit it via any external party?

Ocean Liao : For risk management,Moma will adopt some mechanisms to reveal and handle the risk,such as Crypto Asset Risk Rating Database,Whistleblower,Reserve Pool and Dao pool.

Moma’s code is audited by two different safe partners for eliminate all the leak.And We will continue to improve the code safety of Moma.

Q3. Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?

Ocean Liao : The greatest strength is the team behind $MOMAT, not only the token itself. We have launched three products before and has trackable record of being reasonably successful in the industry. We have a solid community foundation, great B2B partnerships, good tech experience and good algo design skills. Most importantly, we are that kind of team that would stick through ups and downs and will not give up easily until we achieve our goals. It always look impossible until we make it happen and turn it into possible. We hope you would be with us and witness and share our success together.

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

Bà Tân | : End of session 3

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

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

Thanks to @oceanliao | Moma joined us and provided us with Moma information, we hope that this knowledge makes us understand more about https://moma.finance/

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

Bà Tân | : Today’s AMA winners please PM @quocnguyen1234 to provide reward information. Thanks everyone .

Ocean Liao : Thank you all guys for spending time to learn more about Moma Protocol. The beta version of the Moma product and the listing of MOMAT will happen in the near future. If you want to learn more about Moma Protocol, invite you join our official channels.



At the same time, we have also established a Vietnamese community: https://t.me/Moma_VN

Ahrix : Thanks @oceanliao for joining the AMA today. Have a good day.

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