Speaker : Vachara Aemavat (CO-CEO) and
Natavudh Pungcharoenpong (CO-CEO)
Date : Friday, May, 14th, 2021
THERE IS 3 SESSION FOR AMA
2. QUESTION FROM TWTITTER
3. FREE ASKING
SESSION 1 ( INTRODUCTION )
hello guys, welcome to our community, we are glad to be with you here.
hello glad to be with you here.
welcome to our community.
Hi everyone, Nice to meet you all.
Thanks you, we also glad to be with you here.
Well if you feel ready, let’s start the first session .. Namely the introduction.
Hi My name is Vachara, Co-CEO of SIX Network. $SIX Network is working on definix platfrom. One of big defi platfrom, which many users from Thailand and Korea.
We want to introduce Definix for Indonesian friends today.
Awesome, we are happy to know about you sir.
My name is Moo Im the CO-CEO at SIX Network.
thanks you for introduction.
Yes please, Can you explain what is Definix and how long your project launch !? Please explain in simple sentences.
What is Definix?
Definix is the transparent crypto investment platform that helps non-crypto investors to invest confidently and allows professional traders to earn more from their investing skill by creating and managing their own funds freely on concept of decentralize world.
We launched the platfrom two months ago.
Sounds goods, it’s make easy for new investor in Cryptocurrency.
To make long story short, we are decentralized mutual-fund management.
Yep, if you familiar with Binance Smart Chain, you could try to invest on our platfrom.
Right now you can also farm Stable coins and our coins with good APR yield.
please feel free to have a look.
This is a new idea sir, to make investing safer for beginners who have not yet learned about technical analysis, they would be better off choosing the definix platform.
Wow interesting, Stable Coins it’s lower risk for the farming.
Okay next question
Can you share with the community what Definix has been doing from the roadmap?
we also have BNB BUSD and more pairs with FINIX and SIX.
First we launch Farming just like Pancakeswap, which already launch.
Now we are working to develop definix on Klaytn platfrom, one of the biggest platfrom in Korea. This is tentatively to luanch later next month.
Currently TVL is around 40M USD.
In late Q2 or Q3, we will launch investment part. This part is allow anyone who experiences on crypto trading/yield farming, can open their own crypto fund.
Trader can setup the fund and earn performance fee of their managed fund.
Very impressive, it turns out that you will also collaborate with Klaytn.
Cool, we’ve known about Klaytn before, and they work great.
there’s a trading compettition going on now in our platform the top 30 winers will be invited to be our first group of our fund managers.
Normal investor can invest on their fund create or you could do dollar-cost averaging (DCA) investment on the fund.
Awesome, too high for new project.
SESSION 2 (QUESTION FROM TWTITTER)
1. Definix is the right choice for professional traders, what are the advantages of Definix that are not provided in other projects? and what makes traders interested in definix?
Comparing to traditional Finance… this is like a mutual fund.
if you are good at trading bu starting your fund people can join and you get more liquidity to trade.. you then earn mamanegemnt fee anf also shares from profit tyou made for investors.
All these are happening on the smart-contract and it’s transparent.
everyone can see whats happening.
With the our goal in decentralized, we do believe many mutual funds performance is come from great trader. If you are a good trader, you could open the fund in our platform. You could setup performance fee as you want. If people see your performance, they could invest on your fund.
You were look excited.
As Moo mentioned, it’s on smart-contract. You money is SAFU and you can withdraw anytime.
people can also rate and comment on your style and performance…it make other new investors making good deceision before joing each fund.
2. when we do farming on your dex, what other benefits do we get apart from the LP swap fee?
You could receive share of swap fee. And you could farm your LP to receive $FINIX token.
Later $FINIX token can be used in investment platfrom such as creating a fund, purchase an insurance and so forth.
Along with the swap fee and $FINIX, you could you have up to 300+% APR.
Thanks for your answer.
3. You said that FINIX holders will get extra privileges, can you explain what kind of extra privileges are?
Yes, to creating the fund, you suppose to have minimum amount of $FINIX to create it.
Also the investment platfrom charge basis point (BPS), holding $FINIX in your wallet could reduce this rate.
Also, if you think your investment maybe risky during bear market. You could use $FINIX to purchase the insurance to make your money safe.
okay, next question.
4. I haven’t used Six Wallet yet that’s why I’d like to ask.
1. Does Six Wallet have swap features?
2. Does six wallet support to transfer funds from the old wallet to six wallets?
3. How is the security of six wallet, is it worth using it to save hundreds of millions funds?
All SIX wallet features are now support in Definix.
We recommend six wallet users to migrate to Definix to get exposure to all new and better features.
Thanks for your answer, i hope our community understand with your explanation.
5. How strong is the security you have in six wallets? Will it be strong from hacker attacks ??
You believed you meant security in definix platform.
We have been auditted by Certik and Techrate.
yes i see in your medium article before it, and i think all good.
SESSION 3 (FREE ASKING)
What is the Definix service fee ? As a user, what incentives can I geQ.Definix,Is your global expansion plan the only market you focus on? Are you focused on building or growing and attracting customers and users or partnerships?
Yes, we have small service fee. But holding $FINIX could reduce the platform fee. We are working to partner with many crypto fund investor, blockchain provider like (klaytn). We also working with local traditional finance partners to let them access the platform easily.
What is the special point of Definix compared to other projects? Can you give some compelling reasons for users to choose Definix as a long-term investment?
Long term development is one of our goals. You can see we are real person. Not using a cat or dog name. This is make our platform more trustful compare with other platfrom in the market.
Can you give us an overview of Definix tokenomics? Is the token designed to increase and decrease with the success of the platform, and does it include any scarce pathways like equity, store or credit?
$FINIX token is generate new 1 $FINIX per second. After 1 year, $FINIX emission rate will be reduce 50% to decrease inflation rate. It meant if you invest in the future, it harder to receive FINIX. You know what I meant right.
hery Chang Wuang:
What incentives will your project Definix launch in the near future? I want to monitor your project regularly, what should I do?
XOXOXOXOXO Kylian Mbappé XOXOXOXOXO:
When I check your partnerships on your twitter account, I see that your project has already have partnerships with several partners. Could you please tell us the motivations with partnering them? Also could you please share the investments of these partners into the project? And what are the upcoming plans for the future with your partners?
We chosse partnership basing on how they are related to our future plan and how both their and our project and grow together in the near future. The earliest milestone will be Klaytn integration.
What is Definix’s global expansion plan? Which market does Definix currently focus on? Or focus on building and developing to get customers- users and partners?
We plan to launch globally. We start having the team in Europe to help us growth there. Thailand and Korea is just the begining. To have a session here in ID Crypto Official, I believe we could have some Indonesian friends to join our platform.