Segment 1 – Questions From Cryptoiz
Host: @edenP96 Hai mate! Before we start this AMA please introduce yourself to our community 🙂
Eden: Hello everyone. It’s my pleasure to be here today. I’m Eden – Marketing Lead of Sentre.
Host: Let’s begin with an introduction, could you please tell us more about Sentre?
Eden: Yes, of course. Sentre is an All-in-One Solana Open Platform with DApps Store and Universal Protocol for Liquidity. As an Open protocol, We tackle the challenge of Open Platform and Open Liquidity. We built Sentre with two main uses: 1.SenOS: Open Platform for dApps by providing resources to devs and verifying high ROI generating dApps for users. Senswap: the Liquidity Accumulator that collects liquidity from many sources (partnering Dapps & SenSwap) allows users to manage their liquidity easily.
Host: What is the vision and mission of Sentre?
Eden: About the vision: Our vision is to create a decentralized hub where devs can inherit available liquidity to develop their dApps. and users can gain access to innovative apps generating high ROI. The mission is to tackle the challenges of creating a truly open platform and generating true open liquidity to all.
Host: Can you give us a quick introduction about the core team?
Eden: Our core team has 4 members, all based in Vietnam. We have 5+ years of hands-on blockchain dev experience from world-class environments like Infinity Blockchain Labs and Binance, and have all been passionate with DeFi. Most recent achievement: Our CEO (Mr. Tu Phan) won The Second Prize in Solana’s Inaugural Hackathon in 2020 with the project SoproX. you check this here: https://soprox.descartes.network/
Host: What milestones have you achieved so far and what are your upcoming plans?
Eden: So far we have released Sentre Devnet, some features on Devnet: Swap, Farming, Staking, Game. You can explore here. https://dev.sentre.io/welcome. We’ve just finished a 7-day event for you guys to learn about Sentre overall and earn a total of up to 40,000 SEN. But there are many airdrop campaigns on Sentre now. https://gleam.io/y7rTx/sentre-x-coin98-40000-sen-social-airdrop. Furthermore, we will launch Sentre Mainnet including Sen Swap, Sen Farming, Sen Staking as our next steps. And we’re getting new partnerships!! Other features on the horizon: Lending & Borrowing, Insurance, NFT.
Host: What are the highlights of Sentre’s technology and products that you believe will help it succeed?
Eden: Our technology highlights: A “dApp OS” platform giving resources to devs and presenting high ROI dApps to users. Developer will allow to use the liquidity and publish their dApp to Senstore if the product is good. and the user will exposure and experience many value dApp with high ROI.
- Triad Pool (it’s optional and allow LPs to concentrate the token in a single pool with 3 tokens)
- Simulated Single Exposure (allowing one-sided pooling and auto liquidity distribution)
- Yield Farming for liquidity bootstrapping
- cross chain integration
Segment 2 – Questions from Twitter Community
Host: Who are your competitors in the market and what make you ahead of them? And Incase if you don’t have direct competitors, then how will you maintain a good market share?
Eden: Talk about that, we have the AMM competing against SenSwap which are Orca, Cyclos (SenSwap mainly focuses on non-correlated and exotic pools). But rather than that, as other competitors’ platforms are limiting themselves to the liquidity of AMMs. => Sentre is an OPEN platform that Liquidity would be gathered from many more multiple products and be optimized for circulation after accumulation. By using the resource of Developers and Partners, Sentre will expand the ecosystem rapidly. So, we will not only maintain market share, but also expand it rapidly.
Host: Does #Sentre project have a plan to launch new products in the future? And How necessary is $SEN for your project and What is its role and objective, and What are the benefits of letting it hold??
Eden: Firstly, the Sen Team will definitely continue to introduce more exciting features, integrate more products in the future to provide the best experience for all of our users.
Some new features that you can wait for are:
- Lending & Borrowing
- Asset Management
For the second question, we call $SEN The Native Utility Token and The Heart Of Our Ecosystem in our many documents, and it’s no lie. With $SEN as an optional presence in every pool available in SenSwap, we offer our users the chance to get the advantages of:
- Fee Reduction
- Buyback and Make
- Protocol Entrepôt
A interesting fact of Governance. That you can vote what dApp will be debuted on Senstore.
1-Increasing Token price
2- make Token Valuable
3-Building Community Trust
From 3 aspects above, I want to ask. Which one is the most important for you? If all above are important for you. Which one that will you do first?
Eden: ah…. I would like to choose C – Building Community Trust. Sentre strongly believes the human factor will be the key to our foundation. We aspire to build a community platform where users truly understand Sentre’s core values and will accompany us in the long-term. I think we’re doing great on that with fascinating campaigns and contests that have been held for Sentre’s members, or I would like to call them “Sentizens”. I think we’re doing great on that with fascinating campaigns and contests that have been held for Sentre’s members, or I would like to call them “Sentizens”. Finally, if we have Community Trust, we will Increasing Token price & make Token Valuable
Host: As I know, strong backing and partnerships in the crypto market might bring huge benefits to new projects. During this point, can you tell us about the investors and partners of your project? What benefits to the “Sentre ” ecosystem do you expect from them?
Eden: You can find on our Twitter that we have a partnership with Coin98, Parrot, Slope Finance, We are also followed by Solana Foundation and many KOLs. We haven’t public the backers and investors at this time because of marketing strategy. But, their names will certainly not be unfamiliar to you. We will announce the information of backers/investors soon, stay tuned
Host: It’s great to offer a platform for dev to host their DApp on SenSwap. how to you ensure the dev followed the guidelines when they publish the DApp and prevent intentional security loopholes that might be harmed to SenSwap or the user community?
Eden: There is an audit process to make sure there are no security problems in your code. If there is any problem as such, we will work closely with you to fix it. Moreover, for Sen OS, there will be carefully curated dApps that generate high ROI (Sen Team will actively audit each and every dApps presented on Sen Store). And apart from swapping, staking, pooling, we will also introduce Lending & Borrowing, Insurance, NFT in the future.
Segment 3 – Questions From Telegram Live
Stoddard: Do you have any NFT plans and its integration ahead in the roadmap? Also do you have any passive income options and incentivization reward for a long term hoder?
Eden: It’s just a fun project with no many features, but It prove what we can do on Sentre. We have many plan for long term holder like: reward, staking and farming with juicy APY. But I think the most value is the potential of project. We will grow very fast cause we will use the resource of developers and partner instead of building everything by ourself. We already have smart contract, but we won’t public it before TGE. We will launch token in early November.
A fair launch with:
- Fair distribution (no one can manipulate , no random/whitelist)
- High APY in farming and staking
Crazy02chris: I want to support your project, Tell us more about the Ambassador Program and in what ways can we participate ?
Eden: We don’t have a ambassador program now, but will proceed it in future. We don’t have a ambassador program now, but will proceed it in future.
Smileyyard: AUDIT play an IMPORTANT role in enhancing the stability of any PROJECT. Do you have AUDIT CERTIFICATES . Or are you working to AUDIT your project to make it more secure and reliable?
Eden: we are working on the AUDIT. And yes, we have the certificates. We will announce it officaly soon.
Brandee: So many projects just like to speak about the “long term vision and mission” but what are your short terms objectives? What are you focusing right now?
In short term: We are focusing for the launching token in early November. We already complete the swapping, staking, farming. and we are connecting with some Partners for publish their dApp on Senstore. They are dApps about Derivative and Asset management. In future, we will focus to integrate other dApp to diversey our ecosystem, and bring the value product to community.