AMA Recap Crypto Library with Hodlnaut
On 28th October 2021, Hodlnaut conducted an
AMA in the Crypto Library Community. Our guest is Chang Teck. Lots of
questions as usual from the Community about Hodlnaut progress. The Hodlnaut 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 Hodlnaut.
Let’s take a look at the most interesting points of our conversation.
INTRODUCTION
Crypto Library Team : So, before we start the AMA could you please introduce yourself to our community?
Chang Teck (Hodlnaut) : Hello! My name is Chang Teck, or you can call me CT, and I am the Social Media Manager of Hodlnaut. I manage all the social media platforms of the company like Facebook, Twitter, Telegram, and Reddit so if you do come across any funny posts or memes, that's all me!
Being the most front-facing employee of the company, I am responsible for portraying the company in the best possible light as I can! So if you have any other questions or concerns on the platform, don't be shy, feel free to DM me, or join our channel and talk to our members there!
Being into crypto wasn't something I envisioned in the past. Having worked at this company for close to a year, I have learnt and experienced so much more than what education has taught me over the past 20 years!
Being the most front-facing employee of the company, I am responsible for portraying the company in the best possible light as I can! So if you have any other questions or concerns on the platform, don't be shy, feel free to DM me, or join our channel and talk to our members there!
Being into crypto wasn't something I envisioned in the past. Having worked at this company for close to a year, I have learnt and experienced so much more than what education has taught me over the past 20 years!
FIRST SEGMENT (HOST)Crypto Library Team : What is Hodlnaut? and how your team begin the process of creating this project??
Chang Teck (Hodlnaut) : Hodlnaut is a Singapore-based fintech startup that provides financial services to individual investors and crypto enthusiasts. Started in April 2019, Hodlnaut is quickly rising to become one of the most promising crypto lending platforms in Asia.
Our founders, Juntao Zhu and Simon Lee were Bitcoin maximalists who wanted to make it easier for individual investors like yourself to earn high interest rates on your crypto!
We also wanted to beat the rates of traditional banks and bring financial freedom to everybody!
Our team found out that there was a high demand to earn on your crypto besides capital gains. Through the platform, the founders aim to offer an alternative solution for hodlers where they can grow the productivity of their digital assets.
Our founders, Juntao Zhu and Simon Lee were Bitcoin maximalists who wanted to make it easier for individual investors like yourself to earn high interest rates on your crypto!
We also wanted to beat the rates of traditional banks and bring financial freedom to everybody!
Our team found out that there was a high demand to earn on your crypto besides capital gains. Through the platform, the founders aim to offer an alternative solution for hodlers where they can grow the productivity of their digital assets.
Hodlnaut is able to offer attractive interest rates to users through Interest Account by lending the asset to vigorously vetted margin traders in the form of crypto loans.
Crypto Library Team : What are the features and advantages does Hodlnaut want to offer?
Chang Teck (Hodlnaut) : The features that Hodlnaut wants to offer are the following:
- Preferred Interest Payout feature. This feature is a unique feature and a standout versus our competitors because we allow you to earn in your favourite asset, by just depositing one asset. How does this work? You can simply deposit USDC to earn interest in Bitcoin, and then start earning interest on that Bitcoin as well. It's a very innovative way for users to DCA their way into the 'blue-chip' crypto with stablecoins.
- Hodlnaut Affiliate Partner Program. Are you a content creator? We offer very lucrative bonuses of up to USD14,500, and also an opportunity to stack this bonus on top of any ongoing promotions or bonuses just by you creating insightful content for us and referring users to join Hodlnaut!
- Token Swap feature. You can easily swap your tokens seamlessly on our platform, at no fees! We offer a comparatively tight spread as compared to exchanges out there and you can also secure your Token Swap price with our 'Lock Price' feature in very volatile situations.
- Nexus Mutual Insurance. Optional Insurance on your crypto! Afraid of losing your crypto due to hacks or halt in withdrawals? Individuals can choose to pay a low premium to insure their crypto, and the advantages of this is that you can continue earning with peace of mind!
- Preferred Interest Payout feature. This feature is a unique feature and a standout versus our competitors because we allow you to earn in your favourite asset, by just depositing one asset. How does this work? You can simply deposit USDC to earn interest in Bitcoin, and then start earning interest on that Bitcoin as well. It's a very innovative way for users to DCA their way into the 'blue-chip' crypto with stablecoins.
- Hodlnaut Affiliate Partner Program. Are you a content creator? We offer very lucrative bonuses of up to USD14,500, and also an opportunity to stack this bonus on top of any ongoing promotions or bonuses just by you creating insightful content for us and referring users to join Hodlnaut!
- Token Swap feature. You can easily swap your tokens seamlessly on our platform, at no fees! We offer a comparatively tight spread as compared to exchanges out there and you can also secure your Token Swap price with our 'Lock Price' feature in very volatile situations.
- Nexus Mutual Insurance. Optional Insurance on your crypto! Afraid of losing your crypto due to hacks or halt in withdrawals? Individuals can choose to pay a low premium to insure their crypto, and the advantages of this is that you can continue earning with peace of mind!
Crypto Library Team : Could you provide some information about your Roadmap, And what milestones that you have reached so far?
Chang Teck (Hodlnaut) : Our roadmap can easily be found on our website here. But for the purpose of this AMA, I will make it convenient for everybody!
We have actually come a long way since we started 2 years ago in 2019!
In 2021 alone, there were several milestones like:
- Crossing $100m Assets Under Management in January
- The launch of an innovative feature, Token Swap, in March
- Our second Financial Attestation of $234m Assets Under Management in April
- Reaching 5,000 active users in May
- Adding support for Wrapped Bitcoin in July
- Introducing Preferred Interest Payout in July
- Reducing withdrawal fees, launch of iOS app and introducing higher interest rates in a tiered structure in August.
We have just launched our Android App today, and are also doing a big giveaway where you can win up to 2,000 USDC in prizes!
Join our social media channel to find out more!
Additionally, we are introducing a promotional referral program for you to earn up to 1,000 USDC simply by referring users to join Hodlnaut!
In the near future, we are looking at the following features:
- Portfolio Management
- Automated Swaps
- A debit card for crypto cashback
- New networks and assets on the platform
We have actually come a long way since we started 2 years ago in 2019!
In 2021 alone, there were several milestones like:
- Crossing $100m Assets Under Management in January
- The launch of an innovative feature, Token Swap, in March
- Our second Financial Attestation of $234m Assets Under Management in April
- Reaching 5,000 active users in May
- Adding support for Wrapped Bitcoin in July
- Introducing Preferred Interest Payout in July
- Reducing withdrawal fees, launch of iOS app and introducing higher interest rates in a tiered structure in August.
We have just launched our Android App today, and are also doing a big giveaway where you can win up to 2,000 USDC in prizes!
Join our social media channel to find out more!
Additionally, we are introducing a promotional referral program for you to earn up to 1,000 USDC simply by referring users to join Hodlnaut!
In the near future, we are looking at the following features:
- Portfolio Management
- Automated Swaps
- A debit card for crypto cashback
- New networks and assets on the platform
Crypto Library Team : What are the upcoming plans, and future goals of Hodlnaut?
Chang Teck (Hodlnaut) : Upcoming plans of Hodlnaut would be to expand our team as the company grows! If you are interested to join our team, check out the link here.
We are also aiming to expand our reach to the rest of the world, and have even more active users. the current goal we are aiming for now is more than 10k users at the end of the year, so we are hoping you can help us achieve it!
We have just released our Android App and are doing a giveaway to celebrate!
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