Q: Can you introduce Yourself to Our Community?
D: My name is David, I am the Founder and CEO of Glitter Finance, a serial entrepreneur in the DeFi space.
Q: What Glitter FINANCE Actually is? Can You Tell Us More About it?
D: Glitter Finance is a cross-chain bridge with advanced bridge functions and architecture. We allow the redeployment of synthetic or wrapped assets, which the Glitter Bridge creates into integrated yield pools. We further combine this with algorithms, AI, and machine learning (collectively known as the Deep Learning Neural Networks). In doing so we create a profit for the trader where normally there is none, and we drive mass adoption, by creating a platform that works with the trader to help them trade profitably.
Q: List Some Of the Exciting Features Of Glitter FINANCE That makes it Special Among Other Projects.
D: As per my previous answer, the inclusion of Deep Learning Neural Networks is a very exciting feature as it in essence creates a 'one click' platform, where the algorithm can direct the traders' funds into profitable yield pools. So, instead of watching 4 hours of youtube videos and then losing money in the first 3 transactions, novice traders using our platform will be able to have a much more streamlined experience. Another exciting feature are the integrated yield pools. This means that trading can be done directly within the bridge, without a trader having to send their funds out. This creates again, a safer and more streamlined experience.
Q: What are you trying to bring in this Ecosystem? What's Your Aim ?
D: My aim is to create mass adoption and a freedom of movement for traders of unique and varied ecosystems.
Q: Are There Any Events/Product Releases Planned For the Near Future?
D: Yes we are working to have the TGE in late Jan
Q: It says #Glitter is a bridge between ALGO and Solana. So can you explain further how this bridge works? How does this redeploying assets through integration help increase capital efficiency between cross-chain bridges?
D: Yes, our first product will be Algorand to Solana bridge. The bridge will work by creating wrapped tokens, on the second blockchain. Instead of keeping this liquidity stagnant and locked in a vault, we will open our vault to the trader and allow them to redeploy this liquidity into integrated yield pools. By creating a situation where normally dormant liquidity is being used, we solve capital inefficiencies inherent in traditional bridge architecture.
Q: Can you explain how is #GlitterFinance Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?
D: 125,000,000 total supply, for the rest I would ask you to go to glitter.finance and look through our deck, all the numbers are there.
Q: What are the main reasons that GlitterFinance chose Algo and Solana networks as the first place to operate, how about anothers network? When will be integrating in?
D: Algorand is awesome, I am a big buff of the technology. It doesn't fork, it has no down time, it has enterprise-level security, a great foundation and support network. It's also an incredibly explosive ecosystem in terms of growth. I won't go into specifics but if you google their news, you will know. constructing a cross-chain bridge on the back of such a strong organization and ecosystem makes sense to me. On the other hand, Solana is one of the most sophisticated Defi ecosystems out there. Combining these two chains in an ecosystem where the integrated yield serves as an incentive for traders to go back and forth makes sense to me. Other networks we will integrate include: Polygon, Cudos, and Terra.
Q: NFT is in top trends in crypto world rightnow. What do you think about this?Does GlitterFinance have any plans to add NFT to your ecosystem?
D: yes we want to cross chain nfts in the last phase of our development. nfts are the other side of the coin of defi. defi = anyone can have money, whereas nfts = anything can be money. combining them creates a very potent step forward into a better economy.
Q: Cooperation and partnership is one of the most important issues to help develop a project. Can you tell us about your existing partnerships, the partnership plans, and what people can gain from these partnerships?
D: well, we have partnerships with over 10 VCs. I would again urge you to look at our deck in glitter.finance, as all of them are listed there. beyond this, we have the support of 3 layer 1 foundations: Algorand, Polygon, and Cudos. Beyond this, we are also working with several launchpads.
Q: Do you have AUDIT certificate or are you working to AUDIT your project, so that the security of the project becomes more secure and reliable?
D: The Algorand Foundation will audit our code, as part of the grant, we will audit the code on testnet, and I will hire a 3rd party to also audit us, so there will be 3 layers of checking the code
Q: IS This Your project only for elite investors, how about others with small funds, is it open to everyone?
D: We are open for people of all resources, one of the features of the platform will be that we will have a liquidity pool where traders can pool funds together, if they don't have enough resources, to then participate in yield farming.
Q:Community is a strong force for projects, and how do you strengthen relationships with the community? Is the community your main focus? How do you view the community?
D: We plan to establish a dao for the token, we also plan to reach out to various communities with content in their native languages, finally we keep our ears down to the ground, in developing the product. But the most important thing, we keep mass adoption and ease of trading at the forefront of our design.
Q: Which element is more important:
A. Community
B. Investors
C. Token Price
If all of the above is important to you, whiich should come first?
D: Community - bc these are the people that create relevancy for the product, Investors -
About Glitter Finance
The vision of Glitter Finance is to increase capital efficiency between cross-chain bridges. By redeploying assets through an integration with Solana bridge. Our yield model will leverage the creation of synthetic tokens by direct bridge integration
🌱 Please follow our social media and channels：
Telegram： https://t.me/GlitterFinanceCN （中） https://t.me/joinchat/bn0aKLM-OSY0NTMx （EN）
Twitter： http://twitter.com/GlitterFinanceC （中） http://twitter.com/GlitterFinance （EN）
Official Page：http://glitter.finance/
LinkedIn： https://www.linkedin.com/company/glitter-finance
Instagram： https://t.co/YLOwrZphlu?amp=1