Here’s our 46th AMA recap!

Thank you to the Infinity Chain for participating in Ask Me Anything (AMA) with HAPI on February 15, 2021. This guest star,

• Dona Mara — HAPI Team

Introduction

Dona Mara | I’m #HAPI,
My name is Dona Mara

U can call me Don

I hacked the Hacken community website

And propose to build new product

This is how it was

Now I have a good connection with hacken team

And I am working on new unicorn :)

Q1. Could you please give us a simple introduction of HAPI? What’s the motivation for starting build HAPI?

Dona Mara | I’m #HAPI,
I have been working in the cybersecurity field for a long time as well as in the crypt. During this time, I saw a huge number of cryptocurrency exchange hacks and vulnerabilities in smart contracts. We’ve audited a huge amount of code. As a result of the analysis, we have identified several types of hacks and hacker behavior after hacking. And in many cases, part of the funds could be returned. Not always, not all. But if you try, money could be returned or blocked. This is how I came up with the idea of HAPI. Protect DEFI and CEFI from hacks

How HAPI works

Q2. What makes HAPI special? How is HAPI better than other project?

Dona Mara | I’m #HAPI,
A very important point. Protocols, oracles are constantly trying to create a product that will close all questions at once. We put it differently. We found the main use cases, sorted them according to the execution algorithm, and after that, we started building a product that covers these tasks.

We have more than 10 usecases

Q3. Does HAPI has its own token? then can you explain about the tokenomics and use-cases of this token?

Dona Mara | I’m #HAPI,
The native token of the project is HAPI. It is used for voting and submitting proposals. But the most important thing is payment for services. Each call to the security provider’s date is paid in project tokens.

So all of CEXs will use our token to protect funds :)

Q4. About HAPI security, how safe and reliable is the HAPI security system?

Dona Mara | I’m #HAPI,
We use 3 level protection for voting and proposals inside our system

And it’s very hard to be data provider inside our network

It’s not like chainlink or band

Security data is security data

You should trust data provider

Q5. What are the major milestones HAPI achieved so far & what are in future pipeline?

Dona Mara | I’m #HAPI,
The first 10 exchanges. First 10 DEFI . The launch of Ethereum, BSC, Polkadot, Solana, Vechain, Tron.

Sorry for delay

Solana is on progress

So I test in prod :)

TWITTER QUESTIONS

Q1. I see HAPI partnering with Hacken (HAI), what is the form of cooperation? How has Hacken helped HAPI develop its ecosystem? And what are the advantages for both sides?

Dona Mara | I’m #HAPI,
HAcken — marketing and business development. My team- great product

The best one product

HAPICORN :)

Q2. According to the article HAPI uses the Onchain Cybersecurity Protocol for the DeFi project. How to reduce the security risk that occurs on DeFi with this protocol? how is the HAPI oracles different from others? Why did you decide to use this tool specifically?

Dona Mara | I’m #HAPI,
35% of all stolen funds on CEXs

ERC20

Hackers can exchange on uni/sushi swaps

After this

Funds are absolutely clear

DEFI should have a chance to block this type of transactions

So HAPI provide data to protect DEFI sand CEFI from stolen funds

Q3. A Blockchain is a database stored on multiple computers at once. So, how can HAPI record this data into the blockchain? How does HAPI receive hacked reports on exchanges / wallets?

Dona Mara | I’m #HAPI,
We use data from exchanges, from services like chain analysis, crystal. After this GPT get this data

Analyze

And put into blockchain

Q4. One of the concerns users currently have is the high cost of fees on the Ethereum network. The HAPI token is built on the Ethereum network, have you built some kind of tool that will allow you to scale down transactions to solve the problem?

Dona Mara | I’m #HAPI,
HAPI will be available at BSC, solana :)

So you will get good price for transaction

Q5. Does HAPI have a pre-sale or private sale for HAPI tokens? If so, how do we follow it? Because there seems to be no news about it, so is it still in the stage of focusing on the development of the HAPI ecosystem rather than sales?

Dona Mara | I’m #HAPI,
Yeap :)

Tokens sold out :)

We will have small public round:)

But private round was really fast

Oversubscribed

TELEGRAM QUESTIONS

Q1. From @ChangShuchi

what are the ways tha HAPI Project project generates profits/revenue to maintain your project and what is its revenue model ? How can it make benefit win-win to both invester and your project?

Dona Mara | I’m #HAPI,
Exchanges will pay for HAPI. It’s a lot of money:)

Q2. From @arabedan4

As we all know security threat to funds is the major problem recurring these days. In that aspect, kindly tell us more about the safety and security measures that are implemented in $HAPI plateform which would effectively help our users to gain trust over the project.?

Dona Mara | I’m #HAPI,
We use 3 levels to protect voting system at our project:) and security audit every day :)

Q3. From @tukai3

A countless numbers of DeFi project are vulnerable to bugs and hacking. Which could cost investors or stakers a lot. How frequent do you audit your smart contracts. Any external agent involved.

Dona Mara | I’m #HAPI,
2 companies for audit:)

And Hacken is our partner

Q4. From @tutib1

How will DeFi projects will increase their security, if they add HAPI module?

Dona Mara | I’m #HAPI,
They can reject all stolen funds. Or block hackers who want to hack SC

Q5. From @nilila21

You use this information for some purposes by collecting transaction details for users’ personal and corporate user accounts, including Deposit snapshots, account balances, trade history, withdrawals, order processing and delivery history. Can you give information about the encryption mechanism you use to protect the confidentiality of this information? Can you say that user data is stored 100% securely thanks to this mechanism?

Dona Mara | I’m #HAPI,
We use only addresses and balances. We don’t get information about users :)

• Telegram : https://t.me/hapiHF
• Twitter : https://twitter.com/i_am_hapi_one
• Medium : https://medium.com/i-am-hapi

Thank you for trusting Infinity Chain as the organizer of the event today, hopefully everyone can understand about HAPI.

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