Coin98 Wallet AMA with Serge Levin Summary

The AMA with Serge Levin, founder of Structure Finance was held on the Coin98 Community group on November 18, 2021, and we also prepared this summary for you to get the gist:

Coin98: First of all, let me remind us about the AMA agenda before officially starting.

Part 1: Introduction

Part 2: Speaker answers pre-collected questions in AMA Bot.

Part 3: Live Q&A

Part 4: Minigame for everyone!

Also, we also are going to reward the winners of the best questions (500 STF):

• 20 STF for 1 lucky winner chosen by Structure Finance in the welcoming part
• 5 best questions chosen in part 2 (32 STF/ each)
• 5 best questions chosen in part 3 (32 STF/ each)
• 5 fastest and correct answers in part 4 (32 STF/ each)

Here is the 1st question of our AMA today:

Coin98: Hi, Mr. Serge Levin. Could you please briefly introduce yourself and Structure Finance as well?

Serge Levin (SL): My name is Serge. I am the founder of Structure Finance. My background is in traditional finance — some 20+ years of experience in managing structured product issuance and trading. Previously, I was a portfolio manager at several large hedge funds and managed structured product portfolios at Nomura, CitiBank, and Morgan Stanley. And I went to school to be a scientist — got a Ph.D. in Biophysics from the Albert Einstein College of Medicine.

Structure Finance is a decentralized structured product platform. We are trying to democratize the structured product space and bring it to crypto. We are removing the intermediaries (issuers) from the structured product issuance/life cycle process by creating a flexible DeFi platform.

The idea is that our platform will bring together people who want to buy structured products and people who want to serve as structured product issuers — the way we are building the protocol there are very few limitations in terms of the structure and we can very quickly push new ideas to the market.

There is also a community engagement aspect that does not exist in traditional finance — we can crowdsource ideas for payoffs which is gonna be huge.

Coin98: Very impressive profile. I have heard that your team is very well prepared to launch Structure Finance. Can you specify a little bit more about what Structure Finance is going to build and your roadmap?

SL: We are building a collection of structured product payoffs that allow crypto community to collect yield or to benefit from the market profiles that are not very conducive to trading. For example, when crypto is not moving or to collect yield on a project token that you don’t want to sell.

Coin98: Can you give us some information about your Double no Touch and Volatility Income Pools that are now available for experience on Coin98 Wallet Dapp?

SL: Double No Touch is a product for an active trader. The concept is very simple, if USD-BTC does not touch the boundaries in the next 5 min, you double your money. So the trader can benefit from a lack of volatility.

Volatility Income Pools is a system of vaults that allows investors to bet on realized volatility of crypto without trading options. VIP consists of two pools of capital, FLOW, and LEAP. At the end of each hour, these pools exchange fixed percent fees for absolute percent change in BTC over that hour. There is also a Market Maker pool that stakes both sides and collects the fees.

* Invest in FLOW if you think crypto is going to just wobble around and the market will be boring

* Invest in LEAP pool if you expect large moves or need to hedge exposure (for example, impermanent loss on a DEX)

* Invest in the Market Maker pool to collect fees when the system is not staked sufficiently.

FLOW pool has accrued 89% (over 1000% APY) over the last month, so it’s a very attractive yield product.

Coin98: There is a lot of exciting news about your project, with them I believe your products will be welcomed by the communities.

Along with the information you provided here, I believe there are still some questions that our community wants to ask. Let’s end our Part 1 and move to Part 2 of the AMA tonight.

Part 2: Speaker answers pre-collected questions in AMA Bot chat.

Let’s start with the first question from @Greendero

Q: How do you imagine people will use Structure Finance in the future?

SL: Well, I think we will have a vibrant community of people interested in structured products who both invest in existing products (for example, depositing money in VIP) as well as suggest new ideas for structures.

Thank you for your answer, our 2nd question from @hitesh_pahuja is

Q: What stage is the project at?

SL: On the business development side, our native token STF is now listed on AscendeX and Huobi. We have also released Mainnet versions of Double No Touch and Volatility Income Pools.

To the 3rd question, from user @Elise_04

Q: Can you briefly introduce yourself where did you get the project name from? What does that mean for you? And why did you choose this name for your project?

SL: Actually, we started under a different name but when we went to a couple of KOLs for ideas, they suggested changing it to “structure”. So even our name is crowd-sourced!

Thank you, let’s go to the 4th question from @johotrung

Q: What important milestones does Structure aim to achieve by the end of this year and in the future? How will it help you and how will Structure be successful in 2021 and beyond?

SL: Well, we are planning to release another two products — these are vaults for project tokens that will allow holders to collect income or receive some protection by giving up some upside.

Most importantly, we are pushing forward with Volatility Income Pools (our flagship product). Check it out, it’s gonna change the way you view option selling and make you a lot of money!

Thank you, and the final question from @junphamms is:

Q: What are the highlights of Structure’s technology and products that you believe will help you succeed?

SL: Two main features. We are decentralized and community-based from the start — users are also our investors and our ears are always open to new ideas. Also, we are chain agnostic — while we are deployed on ETH and BSC right now, we are planning to deploy our products across as many multiple chains as needed.

Lots of wonderful answers we have here! That will be part 2, our community tonight seems like they can’t wait for Part 3: Live Q&A, they will be free to ask their questions. I will unmute the chat from now on. Please select your 5 favorite questions and reply to them directly, Mr. Serge Levin.

Q: What is the business model of your project? How does it work? And who are your potential customers and which markets are you targeting?

SL: We are a product platform that facilitates the connection between people who want to create structured products and people who want to use them. The project manages the full life cycle and collects fees for each trade.

Q: While you build your project, do you take into account community feedback and demands? While you build your project, do you take into account community feedback and demands?

SL: We are a community-driven project from the very inception. The community is driving the structured product creation, both sides of the transaction are sourced from the community and finally, the community (token holders) receive the befits (fees).

Q: Do you have any Coin Burn / BuyBack systems or any token burn plans to increase the value of Token & attract Investors to invest?

SL: The platform buys back tokens using the fees from the structured product dealers. These tokens are stored within the platform to be released in case of emergency (like collateral shortfall) so they are effectively burned.

Q: Is your project only for elite investors, what about others with small funds, is it open to everyone?

SL: We are aiming at all levels of investors. Our structured products are very intuitive and can be used by very beginners. Also, if people have any questions, they can always ask on our Telegram group.

Q: In VIP, I saw that there are two distinct capital pools. FLOW and LEAP. How much of the system fees will we collect if we stake the system by investing in both pools? What criteria are considered in this case?

SL: The market maker account (staking both pools) will collect all of the fees until we reach a critical mass. After that, it will collect 75% of the fees.

Coin98: Thank you for all of your answers, they are very detailed and informative. I think that our community has gained a good understanding of your project and its upcoming features.

Do you want to share anything else with our community?

SL: Was very exciting to be here! Please go and check out VIP and please join our social media. You can follow us:

Medium: https://medium.com/structure-finance

Twitter: https://twitter.com/Structure_fin

LinkedIn: https://www.linkedin.com/company/structure-finance

Telegram Chat: https://t.me/Structurefinance

Telegram Channel: https://t.me/StructureOfficial

Coin98: After this section, we will move to part 4 to have a little fun for everyone! Thank you for a great AMA tonight, Mr. Serge Levin. If you have free time, you can join us for a minigame tonight.

There will be some poll questions, let’s test your memory and understanding about our AMA tonight guys! Kindly remember that only the fastest and correct answer will be rewarded!

Quiz questions:

1. What blockchain network does Structure use for its own products?

• Ethereum
• Binance Smart Chain
• Polygon
• Cosmos

@MinkPeo is the 1st winner.

Correct answer is Binance Smart Chain.

2. What coin price is referenced in Double No Touch?

• BTC
• ETH
• BNB
• SOL

@LoliSoEZ is our 2nd Winnerrrrr.

Correct answer is BTC.

3. What’s the period of time for Double No Touch?

• 5 min
• 10 min
• 30 min
• 1 hour

@EllOilKingTher will be our 3rd winner.

Correct answer is 5 min.

4. What’s the equilibrium ratio between funds in the FLOW pool and the LEAP pool in Volatility Income Pools?

• 30%
• 40%
• 50%
• 60%

@MowMowUwU is our 4th winner.

Correct answer is 50%.

5. Which exchanges is STF token available now?

• Binance, Bithumb
• Huobi, AscendEX
• OKEx, Bitstamp
• Bithumb, AscendEX

@robuss1969 is our final winner.

Correct answer is Huobi, AscendEX.

That’s it, guys! Congratulations to our winners! Thanks for joining the AMA!