AMA RECAP IDCRYPTO X FUGUSWAP

Speaker : Fuguheadchef (Main Dev)
Date : Saturday, March 20th, 2021
THERE IS 3 SESSION FOR AMA

  1. INTRODUCTION
  2. QUESTION FROM TWTITTER
  3. FREE ASKING

SESSION 1 (INTRODUCTION)

IDCRYPTO:
Hello Fuguheadchef Welcome to our community, we are glad to be with you here.

Fugu Chef:
Hey there! Here we are.

IDCRYPTO:
Thank you for coming to our community.

Fugu Chef:
Ok!!
We are! Let’s start.

IDCRYPTO:
Can you please introduce yourself and your background to us first?

Fugu Head Chef:
I am Head chef a 28 year old crypto passionate, i have been involved in crypto since 2014 I used to mine doge and other crypto ever since.
since then I have always studied projects and tried to find their problems and fix them with sustainable mechanics.
I have a degree in Finance and worked in forex for a lot of time, I decided to quit the job an go full time in crypto right after the 2017 bubble !

Me and Fuguheadchef have already developed many other projects on the bsc and eth network! We also traded and farmed on our own so we know the issues of many protocols!

IDCRYPTO:
Thank you for introducing yourself to us, interesting background.
Next, can you introduce about Fuguswap to the IDCrypto community?

Fugu Head Chef:
Fuguswap is a decentralized self sustaining yield farming platform on the BSC net aiming to revolutionize the liquidity mining sector, punishing the sellers and rewarding the liquidity providers with unique mechanics.
Building many products that bsc net is lacking Fuguswap will offer its liquidity providers those products for free, most of the income generated with Fuguswap products will be used to buy back FUGU and burn it !!

IDCRYPTO:
Thank you for explaining Fuguswap to us.
Next one, please explain what Fuguswap has achieved?

Fugu Head Chef:
Our WhitePaper is self explanatory!
We’re really proud of our trusted community who has been really active since the first days.
Also our coder is gorgeous! we refer him as a Genius cause he passed the TechRate Audit with best values!
But our highest achievement is no doubt our Private Sale gone really well.
25 Investors trusted us in the first stage of developments, it’s thanks to them that we have been able to boost our community, make some good marketing, like this AMA.

IDCRYPTO:
Thank you for detailed answer.
I heard that Fuguswap has started its token sale, how do we participate in the Fuguswap token sale? you can give us the url and explain it.

Fugu Chef:
Of course! We’re really proud to introduce you to the $FUGU public Pre-sale!
It will consist of a 1,200,000 $FUGU sale.
Here’s all the details.

!! FUGUSWAP PRESALE IS LIVE !!
Let’s go guys.
Start : 20th March 2021 at 12:30 (UTC)
End : 27th March 2021 at 12:30 (UTC)
Price: 1 BNB = 3000 $FUGU tokens
Softcap/Hardcap: 1/400 BNB (1,2M tokens)
Max Per Wallet = 25 BNB

We don’t have a soft cap, so it does not matter how much we get. We will launch this project.
@fuguswap
@fugunews


We’re hosting this on dx sale for a fair and safe launch! You have to use Metamask to partecipate, here’s all the info.
How to participate in the $FUGU presale:
1) Download metamask
2) Set up bsc network
3) send BNB to your metamask address
4) Join the presale
5) Select the amount of BNB you want to invest (1 BNB = 3000 $FUGU)
6) Click “contribute” and approve the tx
7) Done you will receive $FUGU tokens once presale is finished !!

IDCRYPTO:
Thanks for the answer, I hope our community will be interested in Fuguswap.

Fugu Chef:
moon soon guys!!

SESSION 2 (QUESTION FROM TWITTER)

IDCRYPTO:
Question 1
How will your token sale run? Will it be public, or will it be private? does the buyer have to do kyc / aml to take part in the token sale?
from @safepalLover

Fugu Head Chef:
public sale is live !!
Every one have a chance in participating, just follow the steps below to participate, no KYC needed !!
How to participate in the $FUGU presale:
1) Download metamask
2) Set up bsc network
3) send BNB to your metamask address
(You can skip these steps if you have everything set up already !!)
4) Join the presale
5) Select the amount of BNB you want to invest (1 BNB = 3000 $FUGU)
6) Click “contribute” and approve the tx
7) Done you will receive $FUGU tokens once presale is finished !!

IDCRYPTO:
Thank you for the answer.
Question 2.
every fugu token transaction, 10% of the transaction fee will be burned, it causes the number of tokens to decrease, what effect will this have in the long term? and what is the reason you made a 10% burn fee transaction system?
from @mawariyat

Fugu Head Chef:
thanks for the great question !!
many yield farming protocols just print tokens to the infinity with their price goin down and down, $FUGU will revolutionize the field implementing many deflationary features.
transaction burn is a way of keeping supply low and punishes sellers and ultimately rewards liquidity providers/farmers !!

IDCRYPTO:
That’s very interesting, Thank you for explaining it to us.
Next Question 3.
One of your flag features is punishing sellers for leaving the pools, but would it also avoid investors from getting into FUGUSWAP because of those punishments? What are the measures of this, who is punished, when and how hardly?
from @Rosanela08

Fugu Head Chef:
rewards will be very high and price of $FUGU, and its APY will be stable because of these mechanics.
the mechanics are the following.
10% Transaction fee:
All to be burned for ever.
10% Deposit fee on all non $FUGU pools:
6% To buy FUGU back and burn it
2% To dev funds
2% future project development funds
10% Withdraw tax:
4% To buy FUGU back and burn it
4% To be redistributed to the liquidity providers
2% Dev and future project funds

IDCRYPTO:
Next question 4.
FUGU will start with 10 token per block decreasing 0.2 tpb each day until token emission reaches 1 token per block. Why did you designed this innovative approach, what advantages would it bring for $FUGU and its investors?
from @Alicewonder1202

Fugu Head Chef:
This will actually be discussed with the community after a couple of days from launch we will make a poll and see what community thinks about it !!

IDCRYPTO:
Of course, we will see updates from Fuguswap.
Last Question.
Many projects only want to to sell project tokens instead of solving real world issue. What problem does Faguswap aim to solve?
from @Ontortk

Fugu Chef:
Fuguswap aims to keep tokens value stable thanks to it’s deflationary protocol! We wanted to create a self sustaining yield farming protocol for the investors who really believe in our token and want to hold for the long term.
Fuguswap is going also to create many useful products that will be free to use only for Liquidity Providers!

IDCRYPTO:
Thank you for the answer.

SESSION 3 (FREE ASKING)

Marjadan:
Ye A global project or a local project? Can your project be used anywhere without any restrictions?

Fugu Head Chef:
hey nice question our project will be available to use everywhere in the world !!
Presale is also live !!
feel free to join

Alikaa Azzahra:
how many slots are available on the $FUGU token presale this time then is there a minimum transaction to participate in the #FuguSwap presale and how do I make a payment during the pre-sale and where can I buy $FUGU tokens?

Fugu Chef:
Our Hardcap is 400 BNB and Min/max buy is 1/25 per wallet!
Here’s how to buy:
How to participate in the $FUGU presale:
1) Download metamask
2) Set up bsc network
3) send BNB to your metamask address
4) Join the presale
5) Select the amount of BNB you want to invest (1 BNB = 3000 $FUGU)
6) Click “contribute” and approve the tx
7) Done you will receive $FUGU tokens once presale is finished !!

Luica:
What is Fuguswap strategy for marketing and for Mass Adoption ? How do you evaluate the support from the community?

Fugu Head Chef:
We are a very new project and we already have 800 members in the tg chat and a good following on twitter.
we plan to do even morketing and AMAs to bring $FUGU to mass adoption.

Luica:
Do Fuguswap plan to build partnerships with local cryptocurrency developers and local project in each country to make the use of the token more global?

Fugu Head Chef:
Yes we welcome all valuable members from anywhere in the world !!

Alienhjin:
How old is Fuguswap and what are your long term goals?

Fugu Chef:
Fuguswap project started early in March from the idea of a self sustaining yield farming protocol! Our long terms goals includes building FuguGaming platform and many features for LPs.
Thank you guys for this nice questions.
Go check out Fuguswap and enjoy the Pre-sale already live:bangbang:
{ Let’s all become FUGU-LOVERS }

MORE DETAIL ABOUT FUGUSWAP

Website
Twitter
Medium
Telegram chat
Telegram channel
Telegram Price chat
Smart contract
Github
Discord
Audits
Whitepaper

Leave a Reply

Your email address will not be published. Required fields are marked *