Recap AMA Gem Hunter x Mobius Finance
On September 22th 2021, our community had a chance to welcome Mr. Pedro — CEO of Mobius Finance to join in an AMA to give fruitful information about the key features and roadmap of Mobius protocol — a decentralized trading platform that can create and trade any synthetic asset, powered by risk control algorithm.
Möbius Finance’s objective is to create a decentralized multi-asset trading protocol with a second layer solution to bring low transaction fees, fast-order execution, enabling off-chain assets trading — “Trade Without Limits”
This AMA was held by Gem Hunter– the top crypto community in Vietnam, where investors and traders can obtain the latest news and signals about myriads of hidden crypto GEMs, as well as discuss and share investment experiences in the space.
At this AMA, our guest directly greeted the community and provided detailed information on Mobius as well as some key products and future plans.
Time: 09:00 PM (UTC + 7) on Thursday, September 22th, 2021
Venue: https://t.me/gem_hunter100x
Airdrop 100 USD for the best questions in the AMA.
Below are some main points of this AMA:
Question for Part 1- Project overview
Question 1: Please introduce yourself as well as Mobius Finance project?
Mr. Pedro: Mobius Finance is comprised of an international team. We all have distinct background, with the sole convergence that we’re all product builders at heart.
Ive personally been into “blockchain” since 2016, I started doing mining back then. in 2017, the focus shifted towards ICOs
In the years since, mainly quant trading and developing strategies that can be applied to any market conditions. Mobius Finance got created with the idea that
The biggest market in traditional finance is the derivatives market
which is at least 10x the size of the stock market (the one everyone talks just because is the most popular one)
If you look at derivatives products in DeFi, they are not so many, and the ones that exist, are undervalued
Question 2:Can you share with us the roadmap of Mobius? How is the development process going?
Mr. Pedro: in 4 days, we will have our IDO
It will be on
Polylauncher
OccamFi
Flybit
on the 25th, we will go live in various exchanges
Early October, we will publish our SECOND audit, we already have one done by Certik
The protocol will be deployed in Polygon’s mainnet after this
November our first DAO vote
December, 3 new markets
2022, Cardano
Question 3: Can you show us your tokenomics ? What is the roles of the token is the ecosystem?
Mr. Pedro: https://docs.mobius.finance/
There’s an entire section for tokenomics in our documentation
MOT will be an utility and governance token
User swill be able to vote in our DAO , where 1 MOT = 1 vote
Also,users will be able to use MOT in a variety of ways, including staking, recieveing rewards by collaterizing MOT, users will also be able to enter any long and short positions with MOT in the Mobius Protocol
Among other benefits, I invite everyone to read the documentation shared above!
Questions for Part 2 — Pre-collected questions from Twitter:
Question 1: Will Mobius work on both Polygon and Cardano, or will it start with Polygon and then switch to Cardano once Cardano smart contracts are available? Is anyone on your team a Plutus Pioneer? What is the level of Haskell expertise on your team? @PKragak
Mr. Pedro: It will launch on Polygon first, later, it will be working in both, Polygon and Cardano
The CTO has a lot of experience in Haskell
We have also partnered with OccamRazor to archive this deployment in 2022
And that’s a nice question too
Now everyone needs to brush up on their Solidity and Haskell skills!
Question 2: In the website Mobius_Finance have mentioned that,the ADB algorithm(Automatic Debt balance algorithm) will help to solve the global Debt problem.Can u explain in detail,how the ADB algorithm actually work?What are the other innovations by ur team that can revolutionise crypto? @KiyokoSumaru
Mr. Pedro: It is a complicated topic, I suggest anyone that wants to understand it, go check out our whitepaper
https://docsend.com/view/vwcpkqu9y7i4cu2g/d/e6gbhp9gsftqnxzi
It is one solution we have created in order to balance the market in a way that positions oppose each other that is, an incentive for long and short to oppose each other and lean towards the net zero position
Go check out the whitepaper and any question is welcome in our Telegram channel
Question 3: What is Synthetics ecosystem that Mobius will allow the collateralization of multiple assets in order to increase exponentially? How this ecosystem will beneficial for us? @SyminuL
Mr. Pedro: Mobius Finance is the first multi-collateral synthetics protocol in Polygon. It allows users to create and trade any synthetic asset, including off-chain products such as ETFs, Commodities, Stocks, and Bonds.
The idea is to allow users flexibility in terms of their strategies and the way they pledge collateral
Also, by allowing multiple high-quality assets, we ensure the stability of the system
Question 4: Partnership is like a supplement where the combined effect is beyond the individual level. Can you name some of your recent partnerships that can help your project? Is there any partnership that will take place in the near future? Can you tell us with whom? @liamxzz
Mr. Pedro: We have a collaboration agreement with Chainlink, in which they will power our price feeds using their oracle system
The Graph Protocol will power our analysis dashboard
We’re also really close with the Polygon team
Quickswap will announce something soon ;)
And more to come
Question 5: What is your top 3 things for priorities in 2021? Could you share some plans for the upcoming year? @truongtran0305
Mr. Pedro: IDO on the 24th of september, launch the 25th,
Second audit in October
Protocol goes live
November = DAO
December = 3 new products in the protocol
2022 = Cardano
4 days to go
Question for Part 3- Best Live questions
Question 1: What is the current Mobius record? As a fan of Mobius, I expect my favorite project to be listed on major exchanges. Do Mobius have any plans for this?
Mr. Pedro: We’re working with 3 major exchanges
Question 2: NFTs is hot trending now, Do you have a play to have NFTs in your platform? If so, can you tell us yhe plans of your project in NFTs?
Mr. Pedro: We will integrate NFTs in the short-future
Question 3: Is your platform suitable for Crypto beginners? Or does it only appeal to professional users?✔️✔️✔️
Mr. Pedro: Mainly professional users only, we are simplifying the process
But derivatives and synthetics is a complicated topic and most beginners have problem understanding it
Any questions, are welcome in our Telegram group!
Question 4: Where are you tokens listed ? Have you completed listings in coingcko and cmc?
Mr. Pedro: Yup, CMC is here
https://coinmarketcap.com/currencies/mobius-finance
Question 5: Without an working products any idea has zero value. We see many projects are on paper only and no product. So, kindly ensure us that your project is just not an idea and it’s already has an working products or practical usecases?
Mr. Pedro: Live protocol is finished and audited (By Certik)
It will be launched after IDO
For all of the questions that have not been answered yet, guys feel free to search for more information or ask directly to them on the links provided below:
🔸Web: https://mobius.finance/
🔸Telegram Ann: https://t.me/MobiusFinance_Ann
🔸Telegram Official Group: https://t.me/mobius_finance
🔸 Medium: https://medium.com/@mobiusfinance
🔸Twitter: https://twitter.com/mobius_finance
🔸Discord: https://discord.gg/pEGVdSeQzg
