Slope x Sentre AMA Recap

Slope Finance
7 min readDec 16, 2021

On Dec 15th, Slope Finance was delighted to invite Soda Protocol Founder Tu Phan to have an AMA in Slope Discord.

Section 1 — Introduction

Q: Can you tell us what is Sentre is?

A: Hello everyone, I’m Tu Phan — CEO & Founder of Sentre Protocol. About Sentre, Sentre is an OPEN liquidity protocol built on Solana. Our vision is to create an All-in-One Solana Open Platform with DApps Store and Universal Protocol for Liquidity; altogether becoming a Safe Haven for DeFi developers and users. Sentre includes — SenOS — The Open Platform for DApps: Developers and Partners can deliver DApps through Sen Store, fully use available resources and contribute to the platform with no restrictions. — SenSwap — The Liquidity Accumulator: A Solana-based AMM with a user-friendly interface and various tech-advanced features

Section 2 — AMA Content

Q: Can you tell us some outstanding features of Senswap?

A: Personally I think SenSwap is one of the most friendly and helpful AMMs currently. I may list some outstanding features: Cross-chain Liquidity: natively support Wormhole v2 As you may see, we got a solid partnership with the wormhole team to explore the area of cross liquidity. We buy the idea of protocol-owned liquidity besides Yield farming, both will stabilize the user’s profit and the project’s TVL. As a win-win relationship Some advanced attributes you guys may find out when using our AMM are Triad Pool. Simulated Single Exposure, that all help you guys migrate risks and inconveniences.

Q: there are so many protocols out there right now. What makes Sentre different from others and what can be compared in valuation?

A: To deeply understand the differences, let’s see the current state of current liquidity protocols I may divide the current market into two segments: One is a programmable environment and the other is an OPEN environment. In a programmable env, you can develop your DApps on top of other platforms. But you’ll never be a native feature on them. You also have to look for liquidity, do marketing stuff, call fundraising if needed, pay a lot of services to run your DApps, a ton of other stuff. And all seem too expensive and impossible for individuals or small teams.

The open environment is contrary when you can completely utilize the current resource and contribute to the mother platform without any restriction. By these explanations, I think most platforms now are programmable ones while Sentre is open and target a much further vision beyond current market states.

Q: Can you give us a quick introduction to the core team?

A: Our core team has 16 members and currently are based in Vietnam. We have 5+ years of hands-on blockchain dev exp from world-class environments like Infinity Blockchain Labs and Binance and have all been passionate about DeFi. Our team has joined several blockchain competitions and won some noticeable prizes. Most recent achievements: we won The Second Prize in Solana’s Inaugural Hackathon in 2020 with the project SoproX, the first runner up in State of Chain 2018 backed by Hashed, etc.

Q: About milestones… can you tell us what you have achieved so far and what’s your upcoming plans?

A: Up till now, we have released SenJS, SenUI, launched Sentre Devnet with SenSwap, SenFarming, Sen Asset, Senstore. And we’re also building with Wormhole to promote Cross-chain liquidity. In the first stage, Sentre focuses on the ETH x SOL bridge. Over time, more bridges will be coming as Sentre Protocol expands. That’s an important one. And at 2:00 PM UTC on 17th Dec, we will do a Fair Launch on Sentre.io. Actually, this is a series of launch events, so we call it “ Sentre MEGA Launch — Triple Earning” It’s a Token and Mainnet Launch Event that comes along with a lot of rewards for ALL Participants. And to celebrate our official Mainnet and Token launch, Sentre decides to hold a Retroactive Airdrop as a special thanks to our dear Sentizens. 2,000,000 SEN will be distributed and 600,000 SEN of it will be divided equally among all Fair Launch participants. Please find more details here: https://sentre.medium.com/sentre-to-repay-users-with-a-retroactiveairdrop-event-f7fbb70ae4ca

Q: Can you tell us more details about the Launching event?

A: Sure. Sentre will do a fair launch, based on the IDO Model which is promoted by Mango, Solend, Parrot, on sentre.io at 2:00 PM UTC on 17th December. It will be a fair distribution launch (no one can manipulate, no random/whitelist). Detail of the Fair Launch here: https://t.me/SentreAnnouncements/171

Following compliance, you guys may have to do the KYC to join the launching event. It helps to strictly control and ensure fair distribution. After the Fair Launch, we will launch the mainnet with Farming (19th Dec) and Staking (20th Dec) coming along with an extremely attractive APY. The token will be distributed IMMEDIATELY, so you can use it to Farm and Stake. And as I said, we spent 600,000 SEN to reward ALL participants. Only a few hours left, don’t miss this chance 😊 You guys can find the intro of KYC & Join here: sentre.io Section 2 — Twitter Questions

Q: Since Sentre is about to IDO, Can you share more about IDO? How to add more possibilities to be selected in the IDO whitelist?

A: I also shared about it above, but happy to repeat that we will do a Fair Launch for everyone can join (no random/no whitelist). More details you can find about the IDO are available here: https://t.me/SentreAnnouncements/174

Q: Have you planned any events for celebrating the Listing? What are the benefits of being an early buyer?

A: Yes, we are having a Retroactive Event. There are 2,000,000 $SEN will reward to Participants of Fair Launch, Liquidity Provider, and Trader. Details here: https://t.me/SentreAnnouncements/185 Moreover, we are planning for the Golden Month Campaign. In the Golden month, there will be an event every 3 days on Sentre with attractive rewards for participants. Please follow our Social Channel to update the latest news.

Q: What are your targeted countries? Which countries will you focus on developing users in the future? What is the market plan for the next?

A: Crypto is a Global Market and Sentre is a product for everyone. We don’t target a special country, instead, we focus on developing products and communities around the world. We aim to tackle the challenges of creating a truly open platform and developing truly open liquidity for all. For the upcoming plan, we will launch Sentre Mainnet including Sen Swap, Sen Farming, Sen Staking as our next steps. And we’re getting new partnerships and continuing to develop products and expand the ecosystem. A bit about our roadmap, we will target cross-chain liquidity this year. Then develop the AMM in the next year. We will expand the ecosystem to other services like lending, margin, insurance.

Q: I have noticed that Sentre has an ecosystem, what kind of ecosystem would you like to build? How does each role collaborate in the system?

A: We aim to be an All-in-One Open Platform, allowing users to experience the entire Defi world on a single platform. It may be a big dream but we believe and focus on that in the end. To realize that, besides building an ecosystem with Dapps that are quite familiar to users such as Lending & Borrowing, Derivatives, Insurance, or NFT. Sentre also aims to build new applications, bringing usefulness to users. For Example Bulk Sender, is an app built to help users send tokens to multiple people at once.

Q: Have your smart contract been audited? And any outstanding technology protects users from hackers?

A: Yes, we are working on it and will publish the cert soon. Please wait for an official announcement.

Section 3 — LIVE Q&As

Q: Will Sentre token has a farm on other projects too? Like Orca so, Cropper, etc?

A: We will. because it’s an essential feature and benefit to users. However, We won’t overuse that concept. Instead, we are more focused and the idea of protocol-owned liquidity.

Q: Will Sentre have NFT?

A: In the short term, we have no plan for that. But we may do if we find a meaningful use case for NFT in the future.

Q: Without any working products any idea has zero value. We see many projects are on paper only and have no product. So, kindly ensure us that your project is not just an idea and it has already had working products or practical use-cases?

A: Basically, we built products first and do some stuff like marketing, fundraising later. As you see, we have run the pilot platform for a while before officially announce about the token and mainnet.

About Sentre Protocol

Sentre is an OPEN liquidity protocol built on Solana. Our vision is to create an All-in-One Solana Open Platform with DApps Store and Universal Protocol for Liquidity; altogether becoming a Safe Haven for DeFi developers and users. Sentre includes — SenOS — The Open Platform for DApps: Developers and Partners can deliver DApps through Sen Store, fully use available resources and contribute to the platform with no restrictions. — SenSwap — The Liquidity Accumulator: A Solana-based AMM with a user-friendly interface and various tech-advanced features

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