We hosted an amazing AMA with Agile Finance on the 21st of November
And here we will put some of the best questions:
Q1. Can you please introduce yourselves to our community?
As some may know, 🙂 Both Olivia and I are part of a core team. By team, we really mean just that.
Yes, we have titles, but we all come from the same attitude. Whomever is best for the task at the moment, with capacity to deliver a solution, will take care of it.
Q2. Can you briefly tell us about Agile Finance project?
In short, we are a lending and borrowing platform where users reap significant rewards. WE are building the decentralized finance ecosystem.
Let me explain more
Agile Finance is going to be the first defi protocol with DEX swap on Cronos. Cronos is an EVM compatible new blockchain built by Crypto.org and supported by Crypto.com. Agile Finance is the world’s first lending platform to support margin lending and compatible with EVM. Therefore, Agile Finance can take the world by storm on the Cronos Network and Agile will support Cronos assets by suppliers and borrowers in Agile Lending.
Q3. What are the advantages of Your project?
apart from being the first defi lending / borowing protocol on cronos. What makes our project different? – Common DeFi Lending only supports fixed rate reward distribution for all markets based on supplied or borrowed cash amount. But Agile Finance will support the world’s first margin lending based on AGL token holding amount and rewards will be varied by AGL holding amount and margin rewards for AGL holding users.
Q4 please tell us about the goal you want to achieve in the rest of this year?
We have completed audit with two reputable companies, SolidProof and Certik, before the presale.
We have our Presale starting in about 7 hours 🙂 11/22 00:00 UTC.
Next we have our public sale and we are planning to launch soon after that.
Q5. Every project has a story behind their name, Can you tell us more about the story behind this? Who are the team behind this project? can tell us their background?
people need to BE BRAVE and learn more about Defi. That includes being “agile”. We have several educational pieces we run in our community to give people real information. Whether you are new or experienced, as in life – being Agile is how we all grow!
Our team is from senior level executive management in corporate industries worldwide. We are older than average as we have at a minimum 30 years of owning and running our own businesses and also many years in tech and crypto – we are seasoned and focused on changing the world for the better!
And here we will put best questions from our members and Agile Finance fans:
Q1. With the ever increase in rug pulls and honey pot contracts. Going over and beyond to proof how reliable a project is, is key to attract investors. Aside from contract audit, what other features are there to assure investors that their money is safe for the long run?
Let me answer with a question, what risk do we all take putting our assets into crypto? The answer depends on the project and of course, the code. Beyond verification that there cannot be a rug pull, there are overall risks that we all face. Bitcoin can dump anytime, or go to the moon. Basically, DYOR and make sure you understand the volatility of the crypto market overall.
For peace of mind of our investor we completed our audits before even the private sale, usually other projects plan for audit after launch. We wanted to be upfront and transparent.
Here is audit summary report, that shows that migrator code has been removed, which means Agile Finance cannot rug pull. At every time investors know where their funds are and they are in control.
Q2. Collaboration is one of the important aspects of a project to it’s huge success. So do you have plans to work with multiple projects in the near future? If so, can you tell us your future plans regarding this matter?
Great question. Yes, we are open for collaboration and partnership. If any project/ protocol wants to work with Agile Finance, we are open to this idea.
one thing – not related to a partnership – but why we are excited to be with cronos
Check out what is happening on the cronos chain. Crypto.com just paid 700M for naming rights of Staples Arena in Los Angeles. They also have a significant commercial campaign in N America with Matt Damon. This is why we are excited to get more eyes on cronos and take advantage of being one of the first movers on that network!
Crypto.com just spent $700M to rename Staples Center Arena in Los Angeles – and 100M marketing blitz including Matt Damon. More awareness for Cronos is great.
Q3. Will you plan to raise the awareness of Agile Finance in regions that English is not well-spoken? Any local communities to bring them better understanding of your ecosystem?
We are here because we want non english speaker to know about Agile Finance and on the way I will try to learn more Arabic as well.
We also have French community and we want this project for everybody regardless of their language, financial freedom should be for everyone.
Q4. Please provide more information on your @agiledefi ROADMAP. What are the most anticipated plans and events for the next few days and months that we should be aware of?
one thing to check out is agiledefi.org – you will find this type of detail!
All of them are important – right now – focus on presale – happening TODAY!!!! so exciting!
Q5. Almost 3/4 of investors are focused purely on the price of token in short term instead of understanding the real value and health of the project. Could you tell us on motivations and benefits for investors to hold your token in long term?
Yes sure, for generating profit Agile Finance’s Revenue model is lending reserve, swap fee and farm rewarding tokens.
I would say that if someone is a price first trader, they will jump from project to project. as TVL grows, the long term holders will see the highest potential ROI, imho, but of course dyor!
Q6. Are you going to have a presale and how can I join the presale is everyone can follow it and are there any special requirements?
Presale is only for whitelisted candidate.
You can join in public sale 11/27 00:00 UTC – Public Sale start
11/30 00:00 UTC – Public Sale End.
Q7. How will you continue to promote this product in the future? Do you have already a plans for other interfaces with other company?
This is a great question. WE are currently pushing the BE BRAVE mindset as Crypto.com is pushing fortune favours the brave!
Q8. Do you have a tohiToken Burning plan to increase Token stre value and attract Investors toojf invest?
Yes, we have token buy backs and token burn.
Q9. How important is the COMMUNITY to you? and how can we collaborate or help you for the development of the project?
without community you have nothing. Please join our telegram – we need everyone!
Yes, please join our us:
🟢Telegram group: https://t.me/agiledefi
Q10. Is there any Audit report available? In other words do you have any smars contract audited or not?
Yes smart contracts are audited by SolidProof and Certik . You can check the details here: https://www.certik.org/projects/agile-finance
Q11. Can you give an overview of your Tokenomics, and the utility of Token?
check it out in our whitepaper!
And this was the end of our AMA with Agile Finance.
If you have any questions you can ask here:
Telegram Group: https://t.me/agiledefi
ℹ️ℹ️ Useful Links ℹ️ℹ️
- Website: http://agilefi.org/
- Telegram Channel: https://t.me/Agile_Announce
- Twitter: https://twitter.com/agiledefi
- Whitelist: https://forms.gle/v5BitVfAkJzWhSP2A
- Medium: https://medium.com/@AgileFinance
- GitHub: https://github.com/agiledefi