BSCDaily.com hosts rASKO: Bringing Innovative DApps to the Forefront of DeFi
Victor Yampolsky: Hi All, Great to Here! This is Victor and Felipe from ASKO. How are you guys…
BSCdaily – Admin: I’m good, and you?
Victor Yampolsky: Wonderful
Felipe De Anda: Doing great
BSCdaily – Admin: Happy to hear! Ready to start our AMA?
Victor Yampolsky: We are super excited super excited! Let’s Do It!
BSCdaily – Admin: Great.
Table of Contents
Q1: Could you please introduce yourself and tell us more about your project? 🚀
Victor Yampolsky: Sure, This is Victor I am a co-founder of ASKO and rASKO on BSC… come from project management background in the infrastructure and tech industries. Several years now in the blockchain/DeFi space and loving it, most exciting and challenging experience.
My name is Felipe De Anda Co-Founder of ASKO and rASKO and have been in the blockchain space for 1 year. Prior to working in blockchain I had experience working in accounting.
BSCdaily – Admin: Cool, nice to see you guys here with our community.
Q2: When did you start to develop your project? What are the main obstacles you wanted to overcome?
Victor Yampolsky: ASKO started its development a little over one year ago. One of the main obstacles ASKO plans to overcome is to a offer a wide range of promising crypto assets that investors could borrow and lend while being able to truly manage their risk profile in a more effective while still earning substantial ROI….
BSCdaily – Admin: Sounds interesting.
Q3: So, what role does rASKo on BSC and ASKO on Ethereum play in the ecosystem??
Victor Yampolsky: Well we developed what we now call ASKOLend which is a borrow and lend platform that allows investors to Lend capital using a multi-tier risk management system. Over 70 assets are planned to be listed on the platform. While, rASKO is designed to enhance the Money Market performance and offer borrowers and lenders, to have ability to earn rASKO, rASKO rewards and invest rASKO as an asset on the Money Market as well. rASKO is drive the ASKO Money Markets, makes the sustainable and self-regenerative by creating a unique system of balanced incentives and investments.
ASKO is the ERC20 token which is the Governance and Management token for all Money Markets and rASKO is the utility and rewards token for all rASKO Money Markets. We are now launching rASKO on BSC as this is the first Money Market we are opening.
We also plan to launch later this year and early next, Money Markets on Polygon and Ethereum.
BSCdaily – Admin: Thank you for your clear answer.
Q4: So, are there any partnerships that you can share with us?
Victor Yampolsky: Yes, sure we are now working to establish our cooperation with ApeSwap which I am sure you all know, an example of one of our partnerships, we are further working now with many other protocols that we are in discussions with to participate in rASKO Money Markets, listing assets of leading midcaps which are on BSC. So plenty of announcements to come!
BSCdaily – Admin: Great.
Q5: And, what sets ASKOLend apart from other Borrow/Lend protocols?
Victor Yampolsky: Well, like I said rASKO Money Markets are truly unique, the rASKO token offers a stimulus system through incentives, rewards and brings added utility, that drives the Money Market.
As borrowers receive rewards when they borrow (they are provided off-set to on their APR), while both borrowers and Lenders are able to add liquidity on rASKO Swap using our unique (lr) risk tokens to receive LP tokens which in turn they can use to farm rASKO. Both borrowers and Lenders enjoy additional earnings, and rewards, which also offset loan APR costs for borrowers and for Lenders to further enhance their ROI, thus effective borrowing cost and effective ROI on capital can is improved, in comparison to competitors. Further rASKO will be a listed asset on Lend, which in turn will drive utility for rASKO. Also, token burns and buybacks are planned, a portion of the Money Market fees will go to buybacks of rASKO and also rASKO will be burnt in equivalent to the fees paid to ASKO DAO on Polygon.
BSCdaily – Admin: Thank you so much for your information ^^
Q6: So, has ASKOLend been audited yet, if so by who?
Victor Yampolsky: Yes the audit was done by Certik and the report is published on their site.
Q7: In the future can we expect ASKOLend to be on any other blockchains?
Victor Yampolsky: Yes, as mentioned before we are creating rASKO Money Markets, and rASKO Borrow & Lend Money Market on BSC is the first, we are then planning to launch rASKO Money Market on Polygon later this year and plan to launch another rASKO Money Market early next year on Ethereum and other blockchains.
BSCdaily – Admin: Can’t wait to see them on other blockchains.
Q8: Finally, where can we find out more about rASKO and ASKO?
Victor Yampolsky: https://docs.asko.finance/
Felipe De anda: Website: https://asko.finance/
Victor Yampolsky: So plenty of information is available and we are always happy to answer questions.
BSCdaily – Admin: Thank you so much for answering our questions.
With this we are now at the end of our AMA session with rASKO.
Time for wrapping up, any last words you would like to say to our community? @VICTORYTHREEFOLD @fdeanda
Victor Yampolsky: We welcome all of you visit our Telegram or Discord, check out the links we posted here. As stated, rASKO Money Market on BSC is being launched in August so come join the Presale and Join the ASKO Community.
Victor Yampolsky: Thank you for having us!!
Feel free to visit us, we will be happy to answer any questions!
Thank you Rachell, it was great and very good questions guys.
All the Best!
Felipe De Anda: Thanks for having us, be sure to stop by our community if you have any questions or would like to learn more. https://t.me/Askomain
BSCdaily – Admin: It was a pleasure having you guys @VICTORYTHREEFOLD @fdeanda
Thank you so much for spending time with our community & all the very best for rASKO 🚀