Thanks a lot for actively participating in the Excavo Protocol AMA held on 30th September 2020 at the Game of Bitcoins Channel. We really appreciate all your support. This post is a recap of the entire session held with Excavo
We have with us EUGENE LOZA
Hello everyone my name is Eugene Loza CEO of EXCAVO
EXACVO is a company of independent financial analysts, traders, asset managers, economists, IT - developers.
TOP-1 Trader by Tradingview.com
The most popular trader according to Bitcoin.com
TOP-5 Advisor Blockchain projects by ICOholder.com
Master’s Degree at Kyiv National University / Institute of International Relations. Thesis topic: “The evolution of the world cryptocurrency market”
Our DeFi project AMM Automated Market Maker
excavo.finance
EXCAVO Story behind the name
I have short story about it
We created EXCAVO brand in 2016
Every man is an earner, back in the history men had to hunt to bring food home, now men go to work to earn money and bring them home
Today the best hunter is a men who created a business, business is a machine that provides profit. Following that logic the best machine is an excavator. Brand has to bring emotions, in our case power, strength and stability. This is the emotion that I was looking for creating brand Excavo
Q1. What are the differences between the CAVO token and pCAVO token?
https://github.com/excavo/excavo-documentation/blob/master/EXCAVO%20Whitepaper%20final.pdf
Q2. Kucoin was hacked and 160 million dollars lost, please how do you ensure security of users Funds and Data
Of course, we will be the first project that will make an audit before launching the platform.
A lot of people use centralized exchanges risking loss of their funds. Look at the Kucoin hack
We have a large community of traders, our goal is to provide info of DeFi advantages and bring more people to the industry
We will provide spot trading options, margin trading and synthetics actives trading
Q3. Can you share with us the achievements and milestones that Excavo has reached? Which of all the achievements makes you most proud?
Excavo achievements
Top-1 author by https://www.tradingview.com/people/all/
Must popular crypto trader by https://news.bitcoin.com/a-look-at-some-of-2018s-most-popular-cryptocurrency-traders/
TOP-5 Advisor Blockchain projects by ICOholder.com
large trading community over 100k people
Q4. EXCAVO is currently getting ready to launch its public beta version after recently concluding its private beta test..what were the successes recorded in the private beta test..were there any issues discovered and how are they being resolved.
Now we are testing the platform and doing an audit with Hacken.io - Premier cybersecurity consulting company with an essential focus on cryptocurrency exchanges and blockchain security
Q5. What are the ways that your project generates profits/revenue to maintain your project and what is its revenue model? How can it make benefit win-win to both investor and your project ?
AMM by design provides revenue to the liquidity providers
Also traders who participate in deals can trade safely without 3rd party risks
We are traders who are building product for traders
Q6. DeFi is one of the hottest topics in the blockchain Space. Can you share your opinion about DeFi with us? Also i want to know, What are the major milestones EXCAVO Protocol achieved?
I will share information on my tradingview page where 96k subscribers
Hi this is the link you can read more information there
Q7. How do you plan to build a strong community for Excavo? What kind of community events have you organized recently and how do you plan to keep people active within the community?
We will provide unique incentives for traders
We have a competitive advantage – a large community of traders (over 100k of subscribers, this is a product from traders for traders)
Commission is how we deal with commissions for token holders
Комиссия = 0.4%*k
1-5 tokens k=0.9
5-10 tokens k=0.8
10-20 tokens k=0,7
20-50 tokens k =0,6
50-100 tokens k=0,5
>100 tokens k=0,4
Q8. Which specific about technology and strategy of EXCAVO that make you believe it will be successful and what does EXCAVO plan do to attract more users in the upcoming time?
We already have a community of traders over 100k and our goal is to teach how to use DeFi
We have training experience EXCAVO Academy has existed since 2017 and next step partnerships and listings on exchanges
and we continue to work on increasing this list
Q9. Security and trust are one of the things users are most interested in in the blockchain system. Where is the transparency of EXCAVO reflected?
Our code will be open to everyone and will be on Github
Q10. Can you expand our knowledge about Your Roadmap this year and the future and any Updates on your Research and development progress?
In October we launch our trading platform
Then we plan to add leverage trading
Level 2 layer for fees minimizations
We also will work on increasing number of users on our platform
To do that we will provide partnerships, exchange listings and we will teach our community on how to use DeFi
Q11. I saw that you have Excavo academy services. Do you have any kind of quiz or exam where you can prove how much users have learned with this service and can they be rewarded?
sure
Q12. What are the use cases of EXCAVO token?
Governance
Incentives for LP
Reducing the commission
Paying the commission
Payment of liquidation fee
We will also bring token to the existing Excavo ecosystem, including education, signals and fund management
Q13. Today in every sector our slogan is "PRIVACY IS OUR RIGHT". How would your project offer a Blockchain Privacy Protection for users?
Our competitive advantage is blockchain developers who are true professionals and our large community of traders
We are the product that will provide a convenient platform for decentralized trading
According to our quiz
In 5-10 years people do not plan to store their funds on centralized exchange, store part of it on mobile devices, and store most of it on hardware wallets
Our mission is to explain to our community that you need to be in charge of your funds, rather than centralized exchanges. Trade safely with your bank in your hands
Q14. Yield farming is a new trending so do you have any plan to yield farming system development?
Our platform is based on yield farming system for liquidity providers
