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Blockelite X Slope Finance AMA Recap

Thank you to everyone who joined AMA Blockelite x Slope Finance on 2nd December at 10:00 AM UTC I 05:00 PM (UTC+7). Here is the recap for those who missed this AMA.

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Yuno – Blockelite Host: Hello fellow Eliters and welcome to another Blockelite AMA Series
So ladies and gents, Our special guest today is Sam – VP of Slope Finance
Hello @SlopeFinance , welcome to Blockelite today

Sam – VP of Slope Finance: Good day everyone
This is Sam, Slope Finance VP

Yuno – Blockelite Host: Good day, Sam

Sam – VP of Slope Finance: I am thrilled to be here to share you some interesting contents about Slope

Yuno – Blockelite Host: Our pleasure to have you join us today
On to the Segment 1 of our AMA, we hope you’re ready for the next few questions coming at you!

Sam – VP of Slope Finance: thank you Yuno

Yuno – Blockelite Host: Our guest is ready, we will enter Segment 1 right now !!!
Q1: Could you please make a brief introduction of Slope for our community friends? And what kind of role will it play in the DeFi and Solana ecosystem?

Sam – VP of Slope Finance: sure, Slope refers to the Wallet and DEX built on the Solana blockchain for the community.

Slope has committed itself to becoming the infrastructure for the Solana ecosystem with a wallet as its entrance, and providing a more comprehensive solution as well as an easy access for more users.

There are now three products that have been launched on Slope, including Slope Wallet, NFT market and Slope DEX

Slope Wallet, as the first cross-terminal wallet in the Solana ecosystem, provides users with more intact experience in the system. Slope Wallet is the first gateway to Solana Eco

Slope DEX is the first mobile DEX based on Solana, which delivers an interactive experience of centralized exchanges to users, and provides decentralized means of exchange.

Slope NFT Market was launched in Nov. Now all of you can sell and buy your NFT in Slope Wallet so as to provide more options of mobile storage and bidding NFT for our users.

Slope has been adhering to the concept of building for the community from the start. Slope DAO, as an important infrastructure for the community to participate in the construction of Slope, is also included in the development plan.

Yuno – Blockelite Host: Slope Wallet, Slope Dex and NFT Market, sounds great
Thanks for answer, next question
Q2: Could you tell us something about the background and stories of your team?

Sam – VP of Slope Finance: The co-founder of our team, once studied at prestigious universities in HK and the U.S., has many years of entrepreneurship experience in the financial sector with profound insights into finance and technological development. After his company was acquired by another listed enterprise, he started a career in the field of Blockchain, accumulated a lot of knowledge about the industry, and did numerous technical studies during early stages. Last year, he decided to join the Solana ecosystem for its promising future.

The co-founder of our team has many years of experience in traditional Internet operations. In 2017, he entered the Blockchain field and has accumulated many years of experience in project operation. He was also responsible for running and raising money for projects such as polkadot and terra.

The technical partner of our team participated in the construction of Solana and Serum during the early years, and has many years of experience in developing Rust as well as smart contract.

Yuno – Blockelite Host: Thank you, next question
Q3: Compared Sollet wallet and Phantom Wallet, What advantage do you have?

Sam – VP of Slope Finance: Slope Wallet is the first mobile gateway to Solana eco, to be exact, Slope Wallet is a Cross-platform Wallet. It is available on both Mobile end and Google Extension

In Browser, Slope Mobile wallet has connected more than 70 Dapps, Users can participant in the most popular projects in Solana via Slope Wallet and win rewards.

Recently, we’ve lauched an Airdrop Activity with Port Finance with a total of 10,000USDC, You can check the details at: https://twitter.com/slope_finance/status/1461302007898132480

Besides Browser, We have Nucleus – The heart beat of Solana. Here you can learn all News, Ranking, AMA, as well as IDO stuff in Solana eco.

The NFT market is also one of the most popular features in Slope Wallet. Users can buy and sell NFT in the Slope NFT market with lower fee. If users hope to HODL NFT, Slope mobile wallet will also be a perfect choice

We are contacting more NFT projects to verify their NFT, Please stay tuned

Yuno – Blockelite Host: Thanks for answer, I think it’s so detailed 🙂
Continue with Q4
Q4: Can you share more about your Investors?

Sam – VP of Slope Finance: Sure, Investors of our seed round include Alameda research, Solana Capital, NGC, Rarestone, Signum, etc. Investors of our PE round include Huobi, Gate and OKEx. We are actively communicating with leading institutions around the world. Besides, these investors are from all over the world, including Japan, the U.K., Australia, Italy, Vietnam, South Korea, the Middle East and South America.

Besides Crypto investors, we also have SEQUOIA from Traditional finance

You can check the details at: https://slope.finance/

Yuno – Blockelite Host: Nice
Next question
Q5. Besides Slope Wallet, Slope also has DEX, What are the advantages of Slope DEX compared with the existing AMM on Solana?

Sam – VP of Slope Finance: Automatic Market Maker (AMM), as a great innovation, has pushed the development of DeFi onto a new level. However, there exist many problems in AMM, for example, users have to provide liquidity for both parties;

Users are not allowed to provide liquidity for specific prices. Users are not allowed to provide liquidity for any prices other than the current market ones.

Users are unable to provide liquidity by confirming the number of quotations on their own terms. Thus, the actual number of quotations is always more than planned.

Slope DEX based on Solana provides a matching mechanism for order books. Without trusting third-party supervision, Slope DEX is completely comparable to traditional centralized exchanges in terms of speed, price, and user interaction. Supported by Serum’s cross-chain integration, users can exchange various tokens such as BTC, ETH, ERC20 and SOL on Slope DEX.

Yuno – Blockelite Host: Last question in segment 1
Q6: Do you have any plans for IDO and TGE?

Sam – VP of Slope Finance: yes
We will have announcements for IDO and TGE, Please join our community for further announcement: https://t.me/Slope_community Thank you
For Token distribution, Please check out the details here

Website: https://slope.finance/
Litepaper: https://slope.finance/Slope%20Finance%20-%20Lightpaper.pdf
Telegram: https://t.me/Slope_community
Discord: https://discord.gg/3n6vg89v3M
Twitter: https://twitter.com/slope_finance
you can find more detals here

Yuno – Blockelite Host: We wrapped up nicely the first part.
Are you ready for Segment 2 (5 best questions from twitter)?

Sam – VP of Slope Finance: let’s move to the second part

Our guest is ready, we will start Segment 2 right now !!!
Q1: Noticed that Slope wallet has launched NFT Market recently, could you please tell some advantages of your NFT market? And any event will you plan to attract users to trade on Slope NFT Market?

Sam – VP of Slope Finance: Thank you for asking, Slope Finance NFT Market was launched in Nov. Compared to other NFT Market, We have two main advantages

1- Lower gas fee, We only charge 1% fee while other NFT market charge 1.5%-2%

2- All users can list and check their NFT on mobile end, whiich is easier for users to trade NFTs

Recently, we have connected with all of NFT projects in Solana. Users might have more choice to buy variety of NFTs

In Oct, we launched Slope- theme NFT, and it was super hot in the community. Next, Slope might collaborate with NFT projects to launch co-brand NFTs. Please join the Slope community https://t.me/Slope_community for the latest notice. Thank you

Yuno – Blockelite Host: Thank you, next question
Q2. A lot of users don’t know how to use the Nucleus feature, could you please make a detailed introduction of it? And what kinds of useful information will users get from it? Or what benefits will users get if they use Nucleus? Any rewards?

Sam – VP of Slope Finance: Thank you for asking, Nucleus is a new feature launched in Nov. It is also a big milestone for Slope. Slope Wallet aims to build an all in one Platform instead of just a wallet. Users can deposit and transfer their asset, Trade their NFT, and get to know the latest news, IDO info and ranks in Solana eco

You can check the details of Nucleus at: https://www.youtube.com/watch?v=GHSk987xw1k

Currently, Slope Finance is planning a referral activity with the biggest rewards since launched. Please follow us at https://t.me/Slope_community to get the updates.

Yuno – Blockelite Host: Next question
Q3. As most users know, Slope wallet has launched many events which awarded users with SLOPE token. When will you send the reward?

Sam – VP of Slope Finance: Thank you for asking. Slope will have announcement for IDO and TGE, Please join our community for announcement. Thank you. https://t.me/Slope_community

Yuno – Blockelite Host: Continue with Q4
Q4. Do you have any plans for Dec? Any upcoming activities for the community?

Sam – VP of Slope Finance: In Dec, We will focus more effort in Cross-chain features and hope to provide better service for communities.

Slope Finance is planning a referral activity with huge rewards. You can download Slope wallet at: ⬇️Download Slope Wallet⬇️
📌IOS: https://apps.apple.com/us/app/slope-wallet/id1574624530
📌Google Play: https://play.google.com/store/apps/details?id=com.wd.wallet

Slope Community also planed to collaborate with projects in Solana to launch more interesting activity. Please stay tuned

Yuno – Blockelite Host: Ok, last question of this segment, everyone please prepare good questions for segment 3.
Q5: How will you explore non-English speaking countries? How will you expand the local market?

Sam – VP of Slope Finance: Thank you for asking. Some of our Investors are from local regions, and they have some connections with local community and PR agency.Besides this, We have have global partner program. You guys can send your CV and previous work results to hello@slope.finance.

Yuno – Blockelite Host: You are awesome, thanks for answer all 5 best questions from twitter of my community.
Last Segment for AMA today, The guests will select 5 best questions from the community.

Sam – VP of Slope Finance: Let’s rock it

Blockelite community:
Does your project support staking program? if yes. how is your stake system work what is the requirement for user, if they want to stake in your platform?

Sam – VP of Slope Finance: yes, As you may notice that Slope wallet supports more than 70 dapps in Broswer. Some of them are DeFi projects, such as Larix, Port. We also planned a staking activity with Larix with good reward. You can check the details at: https://twitter.com/slope_finance/status/1463787424748769284

Blockelite community:
Where can I buy your tokens now, what are your current contracts and how can I buy them and what are the benefits?

Sam – VP of Slope Finance: We donot have tokens at present, Please be careful with scammers, Please join our community for latest annoucements https://t.me/Slope_community

Blockelite community:
Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?

Sam – VP of Slope Finance: Community is the most important part for Slope finance. We have more than 80k+ comunity users and they help us a lot with project development. Slope wallet gained more than 150k downloads in 4 months since we were launched. We cannot achieve this without community support.

Blockelite community:
Can you tell us about some of your partners and who you plan to collaborate with in the near future ?

Sam – VP of Slope Finance: Recently, Slope finance are reaching out of some projects in Solana eco to find out more interesting activities for community users. Last time, we have good feedback with Larix activity. Please stay tuned for further announcements.

Blockelite community:
Do you have any plans to attract non-crypto investors to join your project? Because the success of a project attracts more investors who haven’t yet entered the crypto world. What are the plans to raise awareness about your project in the non-crypto space.

Sam – VP of Slope Finance: Good question, It is hard to attract non-crypto users to join a project, because they have no idea what exactly it is. But I think more and more users get to know Crypto since BTC pumped. For Slope finance, we have traditional capital SEQUOIA joined. so I think it maybe a breakpoint

Yuno – Blockelite Host: Thank you for joining today AMA! It was awesome!

Sam – VP of Slope Finance: thank you Yuno
Nice talk

Yuno – Blockelite Host: Our AMA session is now over !!!