EPNS x Satoshi Club AMA Recap from 13th of August

Published in

Satoshi Club

16 min readAug 16, 2021

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from EPNS and our guests were @RJlwl and @harshr. The AMA took place on 13 August.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram community

Gold Rocket | Satoshi Club: Hello, dear Satoshi Club community! We are pleased to announce AMA with Epns.

Paul Mont | Satoshi ClubL: Today’s guests are @RJlwl and @harshr! Welcome! Great to have you here!

Richa | EPNS

| won’t DM first: Hello @GoldRocket27 @PaoloMonte87 great to be back guys

How have you been?

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, @RJlwl @harshr!

Harsh | EPNS | Will not DM first: Hey Satoshis

! Happy to be back!

Paul Mont | Satoshi ClubL: Been great @RJlwl, thank you! I hope you’re doing great as well

We’re super excited for this AMA, can you feel it too?

Gold Rocket | Satoshi Club: We are very happy to see your project as our guest again.

Please share your news with us

Paul Mont | Satoshi ClubL: And introduce yourselves briefly once again for all the new Satoshi Clubbers that have joined us lately

Harsh | EPNS | Will not DM first:

Image is better :). *Governance in a week

Gold Rocket | Satoshi Club: Great infographics

Harsh | EPNS | Will not DM first: Hey Everyone! I am Harsh, Founder and Project Lead of Ethereum Push Notification Service. Some background about me. I love all things tech and have as a byproduct gathered 11+ years of experience in dabbling across various spectrums of tech and design in almost all popular fields (mobile, web services, SAAS and of course Blockchain).

Richa | EPNS

| won’t DM first: sure! I am the co-founder of Ethereum Push Notification Service (EPNS). I wear multiple hats at EPNS though I am focused on mostly Marketing and Growth. Stoked to be #BUIDLing World’s First Decentralized Notification Protocol. Looking forward to some awesome questions.

Gold Rocket | Satoshi Club: Thanks for great introduction, we will have several questions selected for the Part 1. Ready to start?

Richa | EPNS

| won’t DM first: let’s goooooo

Q1 from Telegram User @Deaddynot

$600M Poly Network was hacked this week and not a single person with funds stolen could be contacted directly. Could you tell us in details how EPNS will help us in such situations? What is your solution in this case and when we will be able to use it?

Gold Rocket | Satoshi Club: This is when your service could help

Harsh | EPNS | Will not DM first: Whoa, directly to tech stuff, Let @RJlwl plug in what we are doing while I answer this

Gold Rocket | Satoshi Club: of course!

Richa | EPNS

| won’t DM first: Very relevant Q @GoldRocket27, let us break it down into 2 parts — 1) what we are building 2)how we can help

EPNS is building the open communication layer for the Web3 ecosystem, first for Ethereum and then for L2s and other blockchains. The protocol enables any smart contracts, dApps or traditional servers to send notifications to wallet addresses of the user in a platform agnostic fashion (ie: notifs can be integrated and shown on any crypto wallet, mobile apps, extension or dApps). With the open communication layer, EPNS aims to become the only open notification platform apart from Google and Apple notifications.

Here is a cool video teaser for some awesome vibes https://www.youtube.com/watch?v=kwwnlmUpRsk

Gold Rocket | Satoshi Club: I think this is a great demo.

Paul Mont | Satoshi ClubL: There’s nothing better than a great video like this to get straight to point while also driving excitement

Harsh | EPNS | Will not DM first: EPNS is a communication middleware which is really important in these use cases. For example, even a notification to users that funds are at risk would have limited exposure as few users would be able to claim. But let’s go a bit further, since our notification can carry any payload, imagine a notification with yes or no to withdraw your funds. On that note, go a bit further in the rabbit hole: A consortium of trusted users who can send a notification to all exchanges automatically blocking cashing out and while we are at it, let’s image a MFA built on top of EPNS to be activated whenever txs have higher amount to send or freq.

Paul Mont | Satoshi ClubL: Great example to explain such a fundamental utility and need for EPNS

I am already convinced this service is gonna be the backbone of all future DApp related services

Gold Rocket | Satoshi Club: It’s really amazing how big your use case

guys, what do you think is the most useful thing you can offer to the user now

Richa | EPNS

| won’t DM first: 3 Things:

1. Get notified now (https://app.epns.io ): Uniswap V3 Position alerts, AAVE Loan Liquidation on Polygon, Compound liquidity alert, fund tracker from specific crypto wallets, ENS domain expiry alert, and Ethereum gas alert. We have pilot collabs with 30+ projects including Uniswap, AAVE, Snapshot, Gitcoin, Polygon, Alpha Homara, etc, all of which are getting worked on and will be launching on the protocol as they get ready.

2. Participate in our weekly community $ROCKSTAR NFT drop (and get 2400 $PUSH): https://medium.com/ethereum-push-notification-service/the-first-nft-collection-from-epns-677e23173c95?source=false———0 (here’s a sneak peek)

3. Visit incentives.epns.io and stake UNI-V2 tokens / PUSH and get 108% / 39% APRs

Paul Mont | Satoshi ClubL: I’m already onboard with point 3.

Gold Rocket | Satoshi Club: Great

thanks

Paul Mont | Satoshi ClubL: So notifications are already up and running?

Gold Rocket | Satoshi Club: is it Mithun Chakraborty? I love him since childhood

Richa | EPNS

| won’t DM first: Yes

All the channels are delivery mainnet related Info

Paul Mont | Satoshi ClubL: Great! Gotta set up my wallets imemdiately after the AMA!

Gold Rocket | Satoshi Club: You have gripped a very large volume! you are cool guys!

Harsh | EPNS | Will not DM first:

art-37_1Download

Haha… that’s Amitabh Bachchan but we do have Mithun NFT as well

Gold Rocket | Satoshi Club: I was amazed in how short period you did it.

Love him

Thank you very much for your answers! Ready for the next question? Or do you want to add something?

Richa | EPNS

| won’t DM first: yes, done with this question

Q2 from Telegram User @UplineStephen

According to what I read from your medium article, The EPNS decentralized push notification service sends timely notifications through a single source of communication, the investor’s(user’s) wallet. Also, you stated that all notifications go directly to the user’s wallet where they can take immediate action.

With what I read from your website, I would like to ask, does this mean that this EPNS(Ethereum Push Notification Service) is going to provide added security to users wallet? Also, how will the notification be? Will it be in the form of some pop-up to alert users that there is an ongoing activities on their wallet so they need to take some immediate action?

Harsh | EPNS | Will not DM first: — User wallets are amazingly secure as they are just frontend to blockchain. Notifications are tied to user wallets and is accessible through push nodes (which forms our open communication layer). These notifs can also be encrypted using the same public / private key encryption so can carry sensitive data as well.

– Notification delivery is left onto the crypto wallets that integrate us (ie: whether they push or pull) but our mobile apps and chrome extension already pops up an alert (pushes) for them incase you prefer that, of course, you as a user have total control so you need to opt in to a channel first before they can pop up on your mobile app.

Gold Rocket | Satoshi Club: Thanks for your answer

Richa | EPNS

| won’t DM first:

Paul Mont | Satoshi ClubL: By the way, I saw the alpha version of the EPNS mobile app is available for download on IOs and Android. Is it already working and compatible with Metamask (and/or additional wallets)?

Harsh | EPNS | Will not DM first: Sort of Yes. The mobile app for iOS and Android is available and working. The app listens to EPNS Protocol which forms the communication layer and same will be the case with any other crypto wallet. We are already compatible as a protocol with Metamask or other wallets though when they integrate us is a question for them :).

Richa | EPNS

| won’t DM first:

Download app and enjoy #Web3Notifs

iOS https://apps.apple.com/app/ethereum-push-service-epns/id1528614910

Android https://play.google.com/store/apps/details?id=io.epns.epns

Browser Chrome Extn: https://chrome.google.com/webstore/detail/epns-protocol-alpha/lbdcbpaldalgiieffakjhiccoeebchmg/

Paul Mont | Satoshi ClubL: Wonderful, thank you for sharing!

Let’s hop onto the next community question, shall we?

Richa | EPNS

| won’t DM first: sure!

Gold Rocket | Satoshi Club: Thanks for sharing!I have already downloaded it and I will definitely try

Q3 from Telegram User @Billz120

Secret Playload (type 2) on the Whitepaper- you did said are secret notifications intended to be delivered to one subscriber of the channel? And these are encrypted using ECC (Elliptic Curve Cryptography)? And AES (Advanced Encryption Standard)? Could you please explain to us in a layman’s understanding the importance of secret Playload?

Richa | EPNS

| won’t DM first:

Satoshi Community asking tough question

Love it

Gold Rocket | Satoshi Club: [

Sticker ]

we love you very much too!

Harsh | EPNS | Will not DM first: Awesome Question! Secret notifs are intended for carrying things like encrypted transaction, Multi factor authentication (OTP) and other sensitve info that while still in the open network should only be accessed via the user themselves. For this ECC algo works neatly as these notifs are encrypted via public key of a wallet and can only be decryped through private key. This algo is used by Ethereum and Bitcoin both.

The reason for using AES along with ECC is that ECC is a bloating encryption meaning ECC encryption increasing the number of bytes (characters) in a payload. For example “Satoshi Club” Encryped with ECC might become “@$(($^*SDHAH&T@Q*ISAD SAIHIG#*&QY#”. AES on the other hand encrypts 1:1 characters so the idea is to encrypt a payload with AES using a random passphrase and then encrypting that pass phrase with ECC thereby making the payload size optimal and still following the best industry guidelines

Gold Rocket | Satoshi Club: Perfect answer

Thanks

Paul Mont | Satoshi ClubL; Yeap, pretty sure @Billz120 will be satisfied

Richa | EPNS

| won’t DM first:

Gold Rocket | Satoshi Club: to be honest, it’s even difficult to ask additional questions here

I suggest moving on to the next question

Richa | EPNS

| won’t DM first: yes please

Q4 from Telegram User @antoni_azx

Can we talk about fees? I learned on your whitepaper that sending notifications carries a micro fee, charged in $ ETH or $ DAI which is controlled by the governance model, but can you be more specific about these fees? What differences are there of transacting with $ ETH or $ DAI? Specially regarding the gas costs? And what’s the actual percentage charged for both of them? Can the users actually choose what they like?

Harsh | EPNS | Will not DM; Love the brainstorm. Sure, First of all, the user never pays for the fees, it’s going to be always free for them just like how it is in Web 2.0.

Jumping to the question of $ETH pegged to $DAI. We or should I say our token holders can enable charging of the fees to services in the future for sending notifications (and can even decide what split of incentives goes to them and to crypto wallets). This fees can be charged as a per notif / monthly / yearly fee to the services that wants to send notifs. These fees are going to be defined in $ETH pegged to $DAI to enable stable cost and the rationale for using $ETH over here instead of $PUSH is to ensure that gas fees for sending tx is reduced to a minial (ETH payables are cheapest). The incurred fees is still converted into $PUSH when a withdraw happens from the protocol thereby ensuring that the value of the network still accrues to PUSH

Paul Mont | Satoshi ClubL: So the fee goes to all the actors involved in the ecosystem, that is both services and subscribers?

Harsh | EPNS | Will not DM first: Fees is only charged from the service, Activation Fees and the Interest accrued is distributed to the subscribers as a passive incentivization. The SaaS fees charged is distributed among $PUSH holders and Crypto Wallets that have integrated the protocol (whenever token holders want to enable it).

Gold Rocket | Satoshi Club: Well.. this is a really good decision. Win-win

Thanks for your answers! Ready to proceed to the next question?

Harsh | EPNS | Will not DM first: Yass!!

Q5 from Telegram User @arisabela

From what I read before, your notifications protocol activated by staking $DAI which generates interest distributed to the subscribers that have opted to receive notifications, that’s on your litepaper … but you have recently released a Liquidity Rewards program. Is this what it is also about? How does it work to generate interest and in what proportions? Does it depend on the amount of $DAI that is staked? Can you explain this program to us in depth?

Harsh | EPNS | Will not DM first: Brilliant plug in for our Liquidity Rewards Program

The Liquidity Program is just a way to reward early $PUSH holders for their participation. Any $PUSH token holders can go to https://incentives.epns.io and deposit either UNI-LP V2 Tokens to get 108% APR or simply stake PUSH to get 39% APR

https://medium.com/ethereum-push-notification-service/epns-push-liquidity-rewards-program-d16ff2c0fef4

Richa | EPNS

| won’t DM first:

Paul Mont | Satoshi ClubL: Clean UI and juicy APYs

Satoshi Club, this is definitely worth checking out!

Gold Rocket | Satoshi Club: thank you very much for sharing and great answer!

Paul Mont | Satoshi ClubL: I totally agree

Time to proceed with the last question for this very first part of the AMA, are you ready to go?

Richa | EPNS

| won’t DM first:

yes!!

Q6 from Telegram User @highpee

EPNS is a decentralised notification protocol that allows users to receive notifications in a platform-agnostic manner. A lot of developments have happened with your projects since your last two visits to the club. One of such new development that I am interested in is that you have now integrated NFT into the EPNS protocol. You started the #PUSHforNFT campaign where users will get a special EPNS NFT and you said the campaign will run for 52 weeks. Can you tell us more about this Special Rockstar NFTs? How do you select users who are gifted with this NFTs? How many NFTs do you plan to give over the 52 weeks duration of the campaign and how many winners will you have? How valuable or rare are these NFTs and what utility or benefit can it afford successful recipients within and outside your protocol?

Richa | EPNS

| won’t DM first:Can you tell us more about this Special Rockstar NFTs?

– These are custom 100 unique NFTs created by artists which also carry 2400 $PUSH. You just need to do something creative, carzy or a bit of both whether in terms of creating videos, developing something cool for EPNS, creating memes, something surprising or anything in between. Read more here: https://medium.com/ethereum-push-notification-service/kicking-off-the-epns-nft-community-drops-6a5c49808cf

Gold Rocket | Satoshi Club: Satoshi Club don’t miss the chance

Paul Mont | Satoshi ClubL: Wonderful initiative!

Richa | EPNS

| won’t DM first: Can you tell us more about this Special Rockstar NFTs?

How do you select users who are gifted with this NFTs?

– Currently, we as a team along with few board members try to come to consensus to give this out. Before that, each participation goes through a cheat filter to remove spam or people cheating. This process is going to get further better with a major milestone that’s coming out in a week

How many NFTs do you plan to give over the 52 weeks duration of the campaign and how many winners will you have?

– We dropped the first 48 to our earliest supports and every week we give 1 out so there will be in total 52 winners. We still have 35 or so weeks to go

How valuable or rare are these NFTs and what utility or benefit can it afford successful recipients within and outside your protocol?

– The NFTs in themselves are unique and carry 2400 $PUSH. Other than that, these NFTs will have some awesome benefits in terms of governance participation in PUSH and some other awesome things which we can’t disclose yet! These are all within our protocol though

Gold Rocket | Satoshi Club: @RJlwl what is your favorite NFT from this unique collection?

Do these nft have a scope, or are they just collectibles?

Richa | EPNS

| won’t DM first: It hasn’t been given out yet

kali-nft-artDownload

Gold Rocket | Satoshi Club: Very beautiful

Who is the artist? And who is depicted in the picture?

Harsh | EPNS | Will not DM first: Yes, Since they are given out to the best community members, holders of these NFTs will have some privilages in governance with checks and balances of course

Consortium of Indian Artists! Depicted in the picture is Goddess Kali!

Gold Rocket | Satoshi Club: Yes, that’s what I wanted to know … Because it always adds value

Paul Mont | Satoshi ClubL: These NFTs are so beautifully crafted

Gold Rocket | Satoshi Club: It’s incredible

Harsh | EPNS | Will not DM first:

Part 2 — live questions from the Telegram community

Q1 from telegram username @ethcypherpunk

EPNS has been supported as part of Grants on Ethereum, can you explain how specifically this grant is helping to grow the project? You guys must be very proud, congratulations

Richa | EPNS

| won’t DM first: Nice Q. We actually didn’t receive a grant but EF has helped, mentored us tremendously and I’m sure so many other projects in the space. https://blog.ethereum.org/2020/08/19/esp-beyond-grants/

Q2 from telegram username @chippi102

Do you share your EPNS project with any online community other than AMA? What is the development direction for the next years?

Richa | EPNS

| won’t DM first: Yes, we have weekly and monthly updates that we share with our community. Our next year roadmap is in the works while here is the current roadmap.

https://medium.com/ethereum-push-notification-service/epns-roadmap-2021-c4ededc57a12

Q3 from telegram username @K2ice

How are subscribers incentivized passively on the EPNS platform?

Richa | EPNS

| won’t DM first: Subscribers of a channel receive passive income through the staked DAI in AAVE protocol. More on it here: https://whitepaper.epns.io/protocol-specs-section/epns-protocol/subscribers/user-direct-action-subscribe#game-theory-and-user-incentives

Q4 from telegram username @alptrader

What is Ethereum staking APR’s do you provide and can I stake my assets to uinswap so what is your uniswap contract?

Richa | EPNS

| won’t DM first: Sure! More than 8.7M TVL is locked in our incentives portal: https://incentives.epns.io , with Staking at 111% (UNI-V2) and 36% for plain PUSH APRs!

Our liquidity mining program runs until 15th March 2022. Currently, there are 2 opportunities to participate:

1. Stake $PUSH tokens directly on our portal.

2. Become a Liquidity Provider (LP) and stake UNI-V2 liquidity provider (LP) tokens and receive LP tokens by providing liquidity to the PUSH/ETH Uniswap pool.

Here’s a video how to start earning PUSH: https://youtu.be/Maq-KxPv8W4

Q5 from telegram username @csgonub

In order to use EPNS do I need to give you my 12/24 words?

Harsh | EPNS | Will not DM first: No, you just connect your public wallet and you are good to go. For encrypted notifs, we are thinking of using wallet connect to ensure trust less execution

Q6 from telegram username @datjav1997

Many investors hit and run in the sell and sell session after listing on the first exchange, How did your project prevent early investors from selling their tokens and what

Harsh | EPNS | Will not DM first: Long Vestings and Cliffs, All our investors had 3 months cliffs and 21 months vesting. That cliff expired a month back and most of them staked their tokens

. For team, it’s even stricter as 9 / 12 months cliff and 48 months vesting. All of these are smart contract locked as well (and audited)

Q7 from telegram username @hoatran1

How can I buy tokens from your project? Will EPNS have a program to sell tokens to users in the near future?

Richa | EPNS

| won’t DM first: Currently we are listed on Uniswap, WazirX and Mexc exchange

Uniswap link: https://app.uniswap.org/#/swap?inputCurrency=0xf418588522d5dd018b425e472991e52ebbeeeeee

WazirX: https://wazirx.com/exchange/PUSH-USDT

Mexc : https://www.mexc.com/exchange/PUSH_USDT

Our tokens are available on exchange for users to buy.

Q8 from telegram username @boradam

As EPNS is Ethereum Push Notification Service is it only limited with Ethereum or can you integrate other blockchains?

Richa | EPNS

| won’t DM first: We are blockchain agnostic, meaning we will come on other chains as well. We will go live on Ethereum and Polygon to begin with

Q9 from telegram username @Babu_213

Please provide me all your project social media link for announcements so that I may not get scam from fake channels???What are you upcoming updates?Can you please give ME more details you project ?

Richa | EPNS

| won’t DM first: Excellent. Please follow only verified links here -:

Telegram https://t.me/epnsproject

Twitter https://twitter.com/epnsproject

Telegram Announcement Channel https://t.me/epnsprojectnews

Q10 from telegram username @mobilejii

you didn’t mention about the project security measures adopted I want to know have you done any audit or not? Can I see any audit report

Richa | EPNS

| won’t DM first: Our contracts have been audited by Chainsafe. Full Audit report here -: https://twitter.com/ChainSafeth/status/1379879154124943361