AMA Recap Crypto Library with YearnAgnostic

 



On 28th April 2021, YearnAgnostic conducted an AMA in the Crypto Library Community. Our guest is Nicholas Albert and team.

Lots of questions as usual from the Community about YearnAgnostic progress. The YearnAgnostic team took part in a very interesting AMA session which included introductions, questions from twitter, and a live AMA session with the Crypto Library community. If you missed the AMA in person, read this recap for a deeper insight into YearnAgnostic.

Let’s take a look at the most interesting points of our conversation.

INTRODUCTION
Crypto Library Team : Could you give an introduction of yourself And how you can play an important role in YearnAgnostic? 

Nicholas Albert (YearnAgnostic) : My name is Nicholas Albert and I am here today with other team member. We have a committed and dedicated team behind the YearnAgnostic project with decades of experience in blockchain, security, finance, marketing,etc together with world-class partner companies who are jointly building unmatched leading products of yAgnostic to the DeFi Ecosystem.
FIRST SEGMENT (HOST)
Crypto Library Team : 

Nicholas Albert (YearnAgnostic) : The story behind the YearnAgnostic project creation is based on some pain points that crypto enthusiasts go through in a high gas fees and slow network of some blockchains such as ethereum etc. YearnAgnostic brings agnostic blockchain to the DeFi community. Agnostic blockchain means that multiple blockchains such as Binance chain, Polkadot chain, Tron chain, Ethereum etc can communicate effectively on one platform. In other words, rather than crypto enthusiasts being limited to one chain, they will be able to use our user-friendly platform to earn the best yield or interest on their assets on different chains while they focus on doing other things.

Crypto Library Team : What's the reason why we have to choose YearnAgnostic from all other project out there?

Nicholas Albert (YearnAgnostic) : Well, the benefits users get from owning YFIAG are listed below:
First of all, YearnAgnostic provids a classical way to optimally earn high yield or maximize profits on assets at a minimal risk. As a token-based ecosystem, the underline governance token is YFIAG Token. With the YFIAG token, holders are eligible to cast votes regarding any major issues or decisions that affect the YearnAgnostic ecosystem. We believe that through this level playing ground of voting, it will bring fairness and equity to our dear community.

Moreover, YFIAG toke holders can stake their tokens to earn more YFIAG tokens, and you can check for more info here: https://yearnagnostic.medium.com/yearnagnostic-yfiag-staking-is-live-a05e85996731 
In summary, we encourage everyone to join our community because there are several developments and information that would benefit the community and the YFIAG token greatly.
Here is the link to yearnagnostic finance telegram channel: https://t.me/yearnagnostic

Crypto Library Team : Could you provide some information about your Roadmap, and what are some achievements that YearnAgnostic achieved so far?

Nicholas Albert (YearnAgnostic) : From our roadmap, https://yearnagnostic.finance/roadmap/, we have successfully completed all deliverables and promises from Q1 of 2020 to the present time.  We have managed to meet all expectations. The team is presently working on product development in Q2 of 2021, and in due time we shall make the announcement about our exciting product launch. Stay tuned.
We have been constantly updating our dear community through weekly reports about the project progress and how close we are to the next product launch by early May 2021. For more information about this progress report, kindly check our medium link: https://yearnagnostic.medium.com/

Crypto Library Team : Please tell us about $YFIAG token! What are the token utilities, price, distribution, and where we can buy it?

Nicholas Albert (YearnAgnostic) : YearnAgnostic Finance is a token-based ecosystem, and the underline governance token is YFIAG Token. With the YFIAG token , the holders are eligible to cast a vote regarding any major issues or decisions that affect the YearnAgnostic ecosystem. We believe that through this level playing ground of voting, it will bring fairness and equity to our dear community. Moreover, YFIAG toke holders can stake their tokens to earn more YFIAG tokens.
Where to buy #YFIAG:
We are currently trading on Uniswap and Hotbit exchanges:
Crypto Library Team : What are the future goals of YearnAgnostic???

Nicholas Albert (YearnAgnostic) : Apart from our constant efforts in partnerships, strategic marketing, upcoming exchange listings we are focusing on delivering on our roadmap promises which will step by step drive us closer to our mission of being the leading Cross-Chain DeFi Aggregator Platform that truly brings about fueling global adoption.
SECOND SEGMENT (TWITTER)
Crypto Library Team : I would love to stake YFIAG, how does Staking work, what's the minimum amount of  YFIAG I need to stake, the prospective annual returns and anymore information I need to know?

Nicholas Albert (YearnAgnostic) : All questions regarding staking and APY have been published on our medium channel here: https://yearnagnostic.medium.com/yearnagnostic-yfiag-staking-is-live-a05e85996731

Crypto Library Team : Many Defi projects ensure the security of their product by an independent third party,it makes investors more confident to invest.Will you contract to audit with third party in the future?Will YearnAgnostic ensure the security of user data and privacy?

Nicholas Albert (YearnAgnostic) : We absolutely understand the importance of security as there are several hackers out there with malicious intent always trying to find ways to trick/bridge the systems to benefit themselves. At YearnAgnostic, we have committed team members with specialized skills in blockchain network security and auditing to ensure sufficient protection against any possible cyber attacks. Moreover, our contract has also been audited by external auditors and we will continue to improve on a daily basis to prevent unscrupulous characters.

On privacy issues, YearnAgnostic privacy feature mixes transactions using zero-knowledge proofs, which obscures users and their deposited assets. By using smart contracts, depositors have some level of transparency in having third-parties verify that those contracts work as intended, while still keeping user privacy intact.

Crypto Library Team : Typically, investors buy tokens that are likely to increase in price in the future. I saw that, total supply of the token  is huge. So, do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?

Nicholas Albert (YearnAgnostic) : We believed that burning of tokens will be a great benefit for any project. The good news is that YearnAgnostic management have commenced on incremental token burn of YFIAG token. We believe that the process will immediately limit the total supply of YFIAG in the market which would potentially contribute to an increase in token price.
You can check for detailed information here: https://yearnagnostic.medium.com/yearnagnostic-yfiag-incremental-token-burn-ced18ba482b5

Crypto Library Team : Could you tell me a little bit about Your roadmap going forward, how do you plan onboarding users and gaining more adoption for Your project?

Nicholas Albert (YearnAgnostic) : From our roadmap, https://yearnagnostic.finance/roadmap/, we have successfully completed all deliverables and promises from Q1 of 2020 to the present time.  We have managed to meet all expectations. The team is presently working on product development in Q2 of 2021, and in due time we shall make the announcement about our exciting product launch. Stay tuned.

Our goal for this year is to complete all our major products that will bring YearnAgnostic to global adoption. From cross chain implementation, to mobile applications that would connect everyone to take advantage of Decentralized Finance (DeFi) Ecosystem. Additional work activities will be rigorous marketing for serious awareness, partnerships, marketing expansion, and listing of YFIAG on major centralized exchanges. Furthermore, we aim to provide the DeFi community a platform where users can optimally earn yield or maximize profits on their assets. We are making this possible by creating a bridge between different blockchains, coupled with a unique set of strategies.

So basically YearnAgnostic is bringing agnostic blockchain which means that multiple blockchains such as Binance chain, Polkadot chain, Tron chain, Ethereum etc can communicate effectively on one platform. For example, when you use a particular network or distributed ledger, the developers are restricted to select only one specific protocol or technology as the foundation for building their products. This will consequently lead to a serious problem that users of other protocols cannot use their application. Also, the organizations cannot make use of the desirable functionalities from other protocols to produce a well rounded and efficient product. This makes the platform economically inefficient and fragmented. So, with blockchain agnostic, different protocols and chains can communicate together effectively which lead to global adoption. This is the long term benefit and competitive edge that YearnAgnostic is bringing to the crypto universe.
THIRD SEGMENT (LIVE QUESTIONS) 
Crypto Library Team : My question is about your long term marketing plans. How, or through which big partnerships do you plan on utilising to pass your product onto the normal consumer - especially non-crypto people?

Nicholas Albert (YearnAgnostic) : We absolutely understand that we cannot achieve this mission without recognising the importance of our community.. That is the reason we have adopted different marketing strategies including AMA sessions, building formidable partnerships, and bringing excellent and unmatched products to showcase our commitment to the ecosystem and the global community at large. We have also relentlessly published our products development report on a weekly to show our commitment to the delivery of every promises on our roadmap.

Crypto Library Team : I want to have a long term investment with this project, but I'm in doubts right, how can YEARNAGNOSTIC convince and assure me this project is SAFE and PROFITABLE?

Nicholas Albert (YearnAgnostic) : It is worthy of a note that, apart from being a DeFi Aggregator Platform that is fueling Global Adoption, we also provide a classical way for the community to optimally earn yield on their assets. YearnAgnostic is bringing unmatched products to the DeFi Ecosystem.

YearnAgnostic Finance is a token-based ecosystem, and the underline governance token is YFIAG Token. With the YFIAG token , the holders are eligible to cast a vote regarding any major issues or decisions that affect the YearnAgnostic ecosystem. We believe that through this level playing ground of voting, it will bring fairness and equity to our dear community.

Moreover, YFIAG toke holders can stake their tokens to earn more YFIAG tokens, and you can check for more info here: https://yearnagnostic.medium.com/yearnagnostic-yfiag-staking-is-live-a05e85996731 
We have incremental token burn in place.  With the token burn, the total supply of YFIAG in the market would be reduced which would potentially contribute to an increase in token price. 


In summary, we would advise that people should join our community because there are several developments and information that would benefit the community and the YFIAG token greatly. With your cooperation and that of our partners and advisors, we hold the vision of making YearnAgnostic Finance a market-leading company in both the Defi and crypto space by being adaptive with both our current and future product offerings.

Crypto Library Team :
Why should we trust your project?

Nicholas Albert (YearnAgnostic) : YearnAgnostic have 5 core pillars that uphold us and make us special: Transparency, Longevity, Focus, Adaptation, and Community Drive
Five Core Pillars that uphold us at YearnAgnostic Finance (YFIAG):
(1) Transparency
  • Everything about what we do is very clear to our  community, investors  and outsiders to understand with clarity.
(2) Longevity 
  • The team is committed, and is doing everything possible with  the cooperation of our partners and advisors to make this project a huge success. We hold the vision of making YearnAgnostic Finance a market-leading company in both Defi and crypto space.
 (3) Focus 
  • We remain committed with unwavering focus in our vision and on the success of YearnAgnostic Finance.
(4) Adaption
  • Apart from the promise on our roadmap (https://yearnagnostic.finance/roadmap/),  we plan to be very adaptive with both our current and future product offerings in  light of latest trends that may arise in Decentralized Finance (DEFI) Ecosystem.
(5) Community Driven
  • We are strongly committed to always protect the interest of our community and all our investors at large.

Crypto Library Team : Could you please provide some info about your Roadmap and how YEARNAGNOSTIC is progressing so far?

Nicholas Albert (YearnAgnostic) : From our roadmap, https://yearnagnostic.finance/roadmap/, we have successfully completed all deliverables and promises from Q1 of 2020 to the present time.  We have managed to meet all expectations. The team is presently working on product development in Q2 of 2021, and in due time we shall make the announcement about our exciting product launch.
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