Segment 1 (Question from Cryptoiz)
Hello guys! Please introduce yourself and also the background of 1SOL Team?
Answer:
Yea, my name is Tintin, co-founder & CEO of 1Sol Protocol. I have always been an active investor in crypto, partaking in BTC mining since 2013. And I was a community developer on ETH and EOS. I am a Computer Science graduate myself, and started founding tech companies 10 years ago.
Before co-founding 1Sol, I was the CEO of an MCN company named Everest Meike. I am experienced in directing and coordinating teams of developers and consultants located in multiple countries. 1Sol is my vision for next-gen DeFi. As an early investor of Solana, I believed in its potential to be a perfect context for DeFi trading overall.
Croath Liu, Technical Lead. Experienced Senior Engineer with a demonstrated history of working in the computer software industry. Skilled in iOS, RTB, and deep learning.
Asahi, Senior Solidity and Rust developer, former technical director of a Japanese art coin, former technical director of a crypto wallet, project leader of an algorithmic stablecoin.
Long Kit Chan, Market Head. Born and raised in Germany, graduated with a degree in management from SRH University in Berlin, proficient in German, English, French, Spanish.
Can you share to us what the ” 1SOL project” and also the highlight of 1SOL that put it aside from it’s rival?
Answer:
Most of the DEXes and DEX aggregators built on Solana is using Serum’s pool. They are basically doing front-end work only. But 1Sol aims at finding the best trading routes among all the pools, based on 1Sol Smart Calculator. That’s why 1Sol can get you the best price.
Besides, since 1Sol is built on Solana, the trading speed and gas fee is much much lower than ETH. You can compare price, swap, stake all in 1Sol.
What are the major milestones 1SOL have achieved so far?
Answer:
1Sol is currently in mainnet, with a community of 200K+ members. Starting with the top Solana DeFi projects (Raydium, Serum, Saber and Orca), 1Sol aims to be the fastest and most comprehensive DeFi aggregator in the marketplace. And 1SOL token is live on Huobi and Bybit.
We also closed a round of fundraising with Solana Capital, NGC Ventures, Jump Trading, Axia8 Ventures, Huobi Ventures, Bitscale Capital, WeBlock, etc.
Can you share with us about the token utility $1SOL ?
Answer:
The native token of 1Sol Protocol is 1SOL, which will be distributed on Ethereum at the first stage. After the main net is launched on Solana, the bridge between Ethereum and Solana will enable its cross-chain feature in near future.
The utility token 1SOL will incentivize governance participation, secure funds for ecosystem development and stake for security by serving network needs. And the participation in Cross-Chain liquidity protocol governance will be highly rewarded.
Farming: 1Sol token liquidity pools and yield farming features
Discount: Decreasing transaction fee and cross-chain loss
Governance: Voting for swaps and markets to be aggregated or terminated
By combining the parts splitting and pathfinding algorithms, 1SOL can save users a lot of money. 1Sol will share the savings with the users, the exact percentage and sharing scheme will be decided by 1SOL token holders through voting.
And please share with us the 1SOL Partnership!
Answer:
CEXs: Huobi and Bybit, and more to expect.
DeFi Protocols: Raydium, Orca, Serum, Saber. We bring together the dispersive pools on Solana chain to boost the ecosystem together.
Marketing: macro KOLs, DAOMaker (bring more ETH communities to 1Sol)
All the upcoming projects on Solana are our target partners.
Segment 2 From Form (10 questions)
1.What did 1Sol collaborate with Solana Official to provide with more liquidity? Pls
@Zekksama
A The answer is Wormhole bridge
A Wormhole bridge
2. How to make a good profit from this project?
@jumanaa2020
Well ,I guess you need trade more and 1Sol provides the best real-time price; buy 1Sol to pledge mining in orca, and now the income is very high https://www.orca.so/pools
3. Why you name it 1Sol?
About your roadmap, Do token holders have benefit like the right to the participate in the governance of the project ? For ex gamefi, lending and borrowing are we holders have more chance, bonus or privilege?
Ty for this opportunity, i hope your project can complete all of the roadmap agenda. Love your project man
@MarchenAwa
The name 1Sol is three-folded. First, Sol is short for solar (sun). As a DEX aggregator, 1Sol is a like the Sun who provides energy for the whole solar system and puts the system in order. Second, we are empowering Solana by aggregating the liquidity pools to provide best price for all the traders on Sol. Third, our community have always been talking about $1SOL = 1 $SOL 😛
Yes 1SOL is the utility token for 1Sol Protocol. Each token holder can enjoy discount on trading fee. And they can also stake 1SOL to make profits. In the future, all the functions will bring about new privileges for our token holders
4. I don’t see 1SOL having a youtube channel.
So where can we see video tutorials about your project?
any plans to make a personal youtube channel 1SOL?
I think it’s pretty good for marketing.
@tigatigabontot
we don’t have youtube channel until now but there a lot of youtubers posted the 1sol tutorials like Cryptozi: https://www.youtube.com/watch?v=GjD1bW9FI8o
5. Most of projects just like to speak about the “long term vision and mission” but what are your short terms objectives?So, What are you focusing right now?About All the investors hold token for short term. What are the benefits for holding $1SOL token?
@lidianovtanti
We are always being practical. We have aggregated the top liquidity pools on Solana to provide the best price. We are like the go-to trading protocol for anyone who wants to trade on Solana. High speed and low price, that’s what we give our users everyday.
6.I’m very interested in the 1Sol “All-In-One NFT Marketplace” which will launch in Q2 2022.
So, What can I do on your Marketplace? What is the transaction fee for using Marketplace? Do you have a partnership to support your NFT All-In-One marketplace? And when will it be released?
@Lovely_DC
Many NFT products on Sol are very popular. We found that the GameFi tokens are the most frequently traded tokens on 1Sol, other than BTC/ETH/SOL. So in the future, 1Sol will integrate various NFTs and provide support for the Gamefi project, including adding Traffic and their new coins, 1Sol holders may have more news and advantages to buy rare nft
7. Why did you choose to build 1Sol on Solana? How does it help the overall solana ecosystem?
@fairymommy
Well,as we know ,Solana is the biggest competitor of Ethereum, supports multiple decentralized financial operations, permitting users to exchange tokens and other digital assets. Solana’s advantages include high speed, low cost and censorship-resistant, providing more possibilities for trading operations,the need for DEX aggregator on Solana blockchain will grow exponentially alongside with the Solana DEX trading volume. Therefore, a cross-chain DEX/DeFi aggregator will bring great benefit for the prospering Solana ecosystem.
1Sol.io aims at serving as the go-to trading portal for trading on Solana by ensuring a seamless, efficient and secure trading experience. Each user will be provided with a full package of information on prices, slippage and costs of all DEXs to pinpoint the most cost-effective deal based on cross-chain aggregation, and 1Sol builds on the development work of DEXs and aggregators that came before and leverages new multi-chain network architecture to pool liquidity.
Solana has the fastest transaction speed, which provides 1 Sol with the natural advantage as a cross-chain DEX aggregator. 1Sol acquires swap rates from DEXs on the fastest blockchain and trades on DEXs on the slowest blockchain.
In March we saw Solana with 140M-USD TVL. After 5 month, it’s 14.6B. And we have always been the leading DEX aggregator on Sol. We strive with the ecosystem.
8. What’s the upcoming plan for 1Sol? And how can the community participate?
@funtakingcrazy
In the long run, 1Sol aims to be the fastest and most comprehensive DeFi aggregator in the marketplace,think about the gas fee & speed on ETH and that on Solana, we are working on Lending Protocol aggregation, CeFi aggregation, cross-chain feature now ,these are to be expected for all of users in 2022.
We will plan and organize different activities at different stages.I suggest community members should pay attention to the news we release in time on social and participate actively, wish you guys always have the BEST PRICE on Solana with 1Sol together!
2021 Q4: Launch main net, Integrate with top swaps, deploy cross-chain aggregators on ETH, Polkadot, etc.;
2022 Q1: Extend to multi-swaps, upgrade to v2 algorithm, cross-chain liquidity & bridge.
2022 Q2 Lending protocols aggregating. Yield farming aggregating. NFT all-in-one markets.
2022 Q3 Cross-chain trading with Ethereum/BSC/Polygon. OTC and Cefi markets support.
2022 Q4 Easy-configured automated trading bot deployment for professional traders.
2023 Q1 Cross-chain assets lending aggregating.
9. Where can I buy your tokens now, what are your current contracts address and how can I buy them and what are the benefits?
@mdnayemislam
We already listed on Huobi and Bybit
Bybit: https://go.bybit.com/e/lcYbWYkk0lb
Huobi: https://www.huobi.com/en-us/exchange/1sol_usdt/
SOLANA:4ThReWAbAVZjNVgs5Ui9Pk3cZ5TYaD9u6Y89fp6EFzoF
ETHERIUM:0x009178997aff09a67d4caccfeb897fb79d036214
10. What is your strongest advantage that you think will make your team leading the market?
@adifox12
That’s a good question. 1Sol has the ability to find the most cost-efficient pathway among different DEXs. Through optimizing slippage, swapping fees and oken prices and executing trade orders automatically, helps users carry our more possibly profitable tradings.
And 1Sol is more efficient than any manual checking, and it enables complex trading routes and pathways with lower gas fees spent on Solana. Leveraging 1Sol Smart Calculator based on enhanced Dijkstra algorithm, the best swapping path is mapped out among multiple swaps, DeFi/CeFi and OTC markets.ni
