We are pleased to announce our next AMA on November 5th 2020 at 12:00 PM UTC Time: Satoshi Club x Dopeswap
⚠️Click to see the hour
⚠️Total Reward pool: $1500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Dopeswap Telegram group
We will have the following structure:
Part 1: 250$ /12 users – We’ll select 12 questions from the community. A user can post maximum 3 questions. 12 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 250$/15 users – Open chat for 100 seconds. You can post Max 3 questions. Dopeswap Team will select 15 questions and answer them.
Part 3: 1000$ – A quiz about Dopeswap
For more details:
Dopeswap – @DopeswapOfficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
In your tokenomics article, you’re stating that “Dopeswap will have a different burn rate every 48 hours, depending on the volume as well as the current inflation”, but it’s not clear how both these factors (volume and current inflation) play a role in influencing the burn & the positive effect his can bring about. Can you tell us more about the mechanic the “Floating Transaction Burning” feature?
In the tokenomics article you state that experiments like Sushiswap, Luaswap Uniswap won’t be as good as Dopeswap and that, in order to be better and different, Dopeswap will have new added features, which will make the token’s price more stable and this will significantly increase the APYs. Can you share with us more information about these features (if that is possible, of course) ?
The linear harvest vesting time of 8000 blocks (or 30 hours) is supposed, according to the tokenomics to help reduce the number of automated farming bots and also speculators. But will that still be enough? Wouldn’t I still be able to put in place the same pump and dump scheme simply after the 30 hours have passed?
According to your Medium post, your major goal is to achieved a balanced Burn-Mint rate, What does this mean and how would it benefit users?
I checked and your website and I saw we can’t use MetaMask to connect to Dopeswap website.
Are you planning to add MetaMask to your website ?
Why we buy tokens using Uniswap with MetaMask and we can’t use that same wallet to connect to Dopeswap website?
I understand that DopeSwap is raising a total of 10 eth in its presale and public sale which is a little less than $4000. 80% of which has been given out already, isn’t this amount too little to launch a dex or do you already have funding from somewhere else?
I’ve noticed that Minting of small Initial Token supply has been the trend among most new projects this days.. each having their own reason for doing that.. in your case why did you decide to intially mint just 1000 $DOPE and setting on your smart contract a Minimum supply of 500 $DOPE and a Maximum supply of 5000 $DOPE
Why is hardcap only 10 ETH and full presale is only 450 DOPE?
Total supply is very low too only 1000 DOPE. Only 50 goes to developers
What are reasons for these low numbers of DOPE tokens and presale hard cap?
In your roadmap, you plan to launch a Dope vault, there’s a mention of the Dope Treasury already. What’s the difference between them and how would they work?
Your Hardcap for Presale is 10ETH which you intend to use for your Initial Uniswap Liquidity.. if all the 10ETH you intend to raise from your Presale goes into Uniswap liquidity how do you source for funds for running other early aspects of your project such as Development, marketing e.t.c and providing initial liquidity on your proposed DEX platform
Strategically looking at the face of your team members,I noticed one thing about YOU,the CEO, JOHN LEWIS. YOU are carrying a gun. What does that signifies,are you a military man or are you planning to shoot $YFC to the moon. I am willing to buy $YFC
Please this is a mistake,it’s mearnt for yfc ama. please ignore
Dopeswap aims to become the leading AMM Decentralised Exchange and in line with this You plan to Migrate to your native Exchange on 17th November.. but on your Github you have only two repositories which are the “dope dealer contract” and “dope token contract” repositories both built on Ethereum I’m interested in knowing how far you have gone technically in preparation to release your DEX, why is there no Github file related to the project you are building.. so users can see for themselves what you are building.. how can I keep up to date with the technical details of your progress
“You should put your pink glasses on”
The above disclaimer found your website is awesome.,Can you tell me what you mean by that and how it defines your project?
Since the DeFi Hype started, a lot of DEXs are arise. How is your platform different from other DEXs? Also one thing that I notice is you offered “Floating Transaction Burning Feature” how does it work?
One of the problems that most of the new DEXs experience is the “Insufficiency of Liquidity”. What are the steps you’re taking to solve this issue? Are you offering “Liquidity Mining Rewards” for adding liquidity to the pool?
Helo sir ❤️…..
What is your background and how did you come to the idea to create your platform? Could you share some word’s on it?
and say 1 good feature and 1 bad further?
How are you planning to promote your project in different countries, wherein English is not spoken well? Do you have a local communities for them to better understand your project?
One of the reasons people are hesitant from using DEX is that they are too complex for an average person to understand and also charges high transaction fee. How does DopeSwap network aim to address this issue?
Some DEXs are offering zero transaction fees. Do you offer zero transaction fee also? If not, what is the rate of your transaction fee?
Can you provide some details about DEX Aggregation? What technical infrastructure helps to access liquidity from all decentralized liquidity providers? How user-friendly is your UI/UX?
How will DopeSwap create solutions in the industry against the liquidity problem faced by many projects? How will liquidity mining work and how will DopeSwap collect liquidity?
According to your treasury, 10% of of the funds collected will be used to pay the team of developers, how can we ensure that the funds will be used as it is and not be ran or scammed?
In your roadmap, on 25th of November you will issue your governance system, can you give some specific examples of proposals that token holders can propose to the project?
If your burn rate is adjustable and can be manipulated by developers, what can be the reason why developers adjust your token economics?
currently many decentralized exchange protocols follow uniswap, but they are not as successful as uniswap. My question is, what features does dopeswap provide to be able to compete with existing decentralized exchanges so that they can attract investors to swap at dopeswap?
On the roadmap I read that November 17 will migrate to a native exchange. Will there be any plans to set up a $Dope token mining program?
Liquidity mining, Yield farming has been a very popular concept and a strategy for DeFi projects to boostrapping nowadays, does Dopeswap has similar planning to incentivize protocol adoption?
What benefits does the Dopeswap project give me and why does it relate it so freely with the drugs in the alleys?
Do you think that with such a traumatic description (Drugs in the alleys of Amsterdam) will they get clients to trust this decentralized exchange?
There are many DeFi projects nowadays, which Dopeswap offers me of difference for me to support Dopeswap instead of any other DeFi project
What will be the incentive they have prepared for the first providers of $ LP early, is it true that they plan to increase the APY?
Nowhere on your platform could I evidence anything in reference to security, will your exchange accept any currency without any support? What does Dopeswap offer me in the field of security compared to the competition?
In which block start the rewards for farmers?
Your initial supply is incredibly low compared to other projects. How did you come with this number? What’s the logic behind it?
– Have you thought about redesigning the DopeSwap? It’s hard to read the pink letters with that background. Or do I need a special pink glasses to see all the magic?
– What types of narcotics can be farmed with DopeSwap? Do you already have some names for the tokens you will implement?
– How do you plan to encourage users to use DopeSwap and do hold in the long term? Do you have a strategy to increase the value of the token over time?
I see you prefer Dope over Alcohol, as you choose it for Dope Treasure. Do you expect more profits from it? Don’t you think that it would be better to put team LP tokens in more conservative and stable USDT pool? Cheers!
What will the governance concession be like within DopeSwap? Do I need to have the $DOPA utility token to participate in it? Why can’t I withdraw my funds later?
What will the linear consolidation protocol proposed by DopeSwap look like? Will I be charged a fee when I withdraw my LP tokens? What will be my APY under this protocol?
After the migration, all your LP tokens will be locked in the DOPE/ETH pair. What will be the rewards of farming? What is the ‘Dope Treasury’ business model all about?
On your website, there is a quote which says “You should put your pink glasses on”. Can you explain more on what it means and how it is related to the DopeSwap project?
Many inflationary experiments like Uniswap and SushiSwap have failed to work very well for the token holders as well the APYs of the platforms. What features are Dopeswap adding to make the token’s price more stable thereby significantly increaing the APYs?
From the medium, it was said that DopeSwap aims to become the leading Automated Market Maker Decentralised Exchange. There are many other strong platforms creating something to DopeSwap. What is DopeSwap already doing or plans to do that makes it believe it will become the leading Automated Market Maker Decentralized Exchange?
There is no mentioned about Slippage on your website and on the medium articles that I read. Is this function not present on Dopeswap DEX Platform or I just missed the portion explaining about it?
Can you explain what new methods is going Dopeswap to use to stabilize token’s price? It’s only destinated to $DOPE?
Why are you using $ETH for initial liquidity and not any other token? What’s the criteria?
Initially, if the Mint and Burn will be decided by the token holders, won’t be this a desastibization factor? Maybe can you give us a brief explain?
I see that a lot of vesting periods will happen for different funds or actions (like voting). Are this vesting periods included in a smart contract that is public?
Why do you have an elastic system for Burning Rate? What is the advantage of this rather than a fixed rate? And how is the burning rate determined?
There is a section on your website called “coffee shop”. Could you explain what will it’s role be?
Big hello to your web designer and marketers. I would like to know about the incentive program for liquidity providers and if there are any bonuses for providers from Colombia,bro?
What are the main role of you’re project ? Can you explain in Details about Project’s Work and Mission with work of Token in Entire ecosystem?
Dopeswap aims to become the leading AMM DEX. What will be your main approach to achieve this?
What are the new plans of beginne r traders and how improve you’re project world wide……?
You have 2 Vesting options: Linear and Governace. Can you tell about these two, what are the aims of these, which one is for what, for who?
Hello sir
How to improve and what are the new feature’s coming 2021…..
Why you named you’re project name
Dopeswap……. Any story behind the name
You have a “Coffee Shop” tab on your website which is not active currently. What service are you planning to provide in there?
Tell us how your DEX looks with pink glasses. The style of the site suggests a marketplace and complete anonymity. I have a few more options, but I would like to know your vision of the development of decentralized exchanges. I hope it will not be Uniswap v3
Having looked at the site, I saw a pink brain that thinks only about how to stop inflation and stabilize the price of the token. When will the brain start thinking about other directions in the development of the project? At what stage is the creation of DEX? What are you doing to create a strong community? I understand that out of thin air this is everything is not born and resources, both financial and physical, are needed. But I heard your presale was very successful …
On November 17, you are planning to migrate to your native exchange. How will this affect farming?
Can you explain more about the migration of Dopeswap to your native exchange? What is the reason behind migrating? Can you describe more about your native exchange? Thank you
You have a very young twitter, with a small number of followers and many of them from the Satoshi Club. I am interested in your marketing strategies. How do you plan to promote DopeSwap?
The vast majority of blockchain projects or DeFi protocols, which provide great benefits to their users from their initial stages end up being SCAM, how to know that DopeSwap is not a SCAM project? Do you have an audit of your smart contracts? or do we just have to trust you?
really why vary the combustion rate between 0% to 5% every 48h? Why not simply leave it at a stable average price and then through the stakeholder’s vote modify the price, whether it is higher or lower?
Could you really explain the Dope Swap motto “You should put your pink glasses on”? How is this related to an exchange that provides great initial liquidity?
I understand that DopeSwap seeks to be the leading swap in DeFi finance, but how do you really plan to achieve it? only benefiting the initial users with greater liquidity and then decreasing the% of liquidity but increasing the swap pairs?
Your roadmap I see goes all the way to 2020, so what can we expect from Dopeswap in 2021 if we survive the rest of the year?
As I see in your Whitpaper Dopeswap will not have a fixed token burn rate, but variable. It is unusual to see this, what advantages does this burnout strategy offer over the price of the token? Will it be like this forever?
In your platform I have read a lot about a “migration” that you plan to do, what do you really mean? A change of brand, domain or what?
Why is an addict brain on your logo? ))))
What are the main differences between Dopeswap and its competitors? Why choose Dopewap instead of the famous Uniswap?
I see you already closed all your Token pre-sales. How successful was it? Did you achieve the expected goals?
How much will the APY be for the liquidity providers? Any strategy up your sleeve to encourage new investors?
How can you assure that Dopeswap will provide a higher APY than other swapping platforms? What is your biggest edge in terms of ROI?
In your Coffee Shop features, you name your staking pools as Alcohol, Cocaine, Marijuana, LSD and Mushroom so what is the inspiration behind those name in Dopeswap platform? Can you share a brief story about your project? Thank you
Actually lot of people just think about short term profit and become a dumper after get token from stacking/farm. Could you please give me the reason why i should buy and hold your token?
I can’t found roadmap dopeswap for 2021, what is the target that your project will aim for 2021 and maybe for long term?
One of the negative part of using DEXes like Uniswap is their transaction fees together with slippage. Can Dopeswap improve and lower the transaction fees that users usually paying on other DEX?
What makes Dopeswap different from this community and what’s the value proposition for a crypto investor to be on Dopeswap over them?
What are the main utility and real-life usage of the $DOPE token
Could you give me 3 key points to convince angel investors invest in $DOPE in long-term?
I believe every project have their unique, but why did your ‘product’ name are forbidden drugs like Cocain, Marijuana, Alcohol? Do you have any explanation of it?
I am curious why you named your project Dopeswap. Your website page images contains drug related substances that pertaining to addiction. Why did you decide to use the name and are you not worried this might bring negative feedback or reaction towards your project?
You have a very original site design! Your concept “Put on rose-colored glasses!” What is this connected with and why did you approach the demonstration of your project in such an original way?
You are planning to add a currency exchange to your platform. I would like to know more about it! What coins can I use to exchange?
Is there a possibility of early closure of the bet and will the reward remain?
How will Dopeswap compete with other leading DeXes like Uniswap, Balancer, 1inch.exchange, etc. and take significant market percentage to become the leading Automated Market Maker Decentralised Exchange?
What percentages of rewards pool are shared and distributed in Dopeswap among Stakers, Holders, Dope Treasury and Developers?
Could you tell us about some recent commercial partnerships that Dopeswap has acquired?
Do you plan to introduce some sort of token burn or buy back programs in the future or how do you intend to maintain the scarcity of the Dopeswap tokens?
Why does Dopeswap have a varying burn rate of 0-5% every 48 hours and how will this feature impact the token’s supply, price, volume and farming APYs?
You have mentioned that “You should put your pink glasses on”
This is the first and main thing that will attract anyone who visits your website, Could you please explain what is meant by this and what are you expecting giving this quote to website viewers?
DOPESAWAP exchange is still coming soon according to your website, when are you going to release the exchange and governance on your project and what will be the unique features on these platform when compared to other projects with same concept?
DOPESAWAP project is still not listed on CMC or coingecko .Do you have any plans to get listed DOPESAWAP on CMC and coingecko in near future? Because I think that listing any project on CMC or COINGECKO will give users to make believe on project specially for a new project entering to crypto? What is your idea about listing on these platforms?
The project line traces the drug line. In the telegram chat greeting Hello Narcotics Lovers, on the web-site the picture of the brain holds cannabis, LSD mushrooms, in the tongue a LSD-mark. Say this is a style of promo advertising through shocking or the project is addressed to those who like to throw a fun substance. That would facilitate their earnings on these substances?
i notice there’s a spelling mistake in your webpage, it should be “Dope Treasury” instead of “Dope Tresaury” https://dopeswap.org/whitepaper/dope-fund/
Can you briefly explain what’s in the treasury and how different is it from the staking “Coffeeshop” ?
In your dope treasury page, it was mention that you will migrate to your native platform at 100,000 blocks after the start of the farms. When do you estimate this will take place ? what do you mean by native platform and why do you need to do it ?
what will be the end game of dope swap ? Do you intend to be an alternative for uniswap ? how can you attract other tokens to use your AMM for swapping ?
Can you explain to us about your business model – Dope Treasury, how will be the distribution of rewards in farming?
You only raised 10 ETH for the project in the presales. Could you please tell is how DopeSwap is funded and how can it be sustainable with just few grands of raised funds?
On the DEX market there are already tons of players – how is DopeSwap advantageous over them and how are you planning to reach sufficient liquidity on your exchange?
Do you have some kind of governance functions for the DOPE token holders? If so, what can the users vote on?
Currently on the market there are too many competitors such as Moonswap, Justswap, Shushiswap… and especially Uniswap. So, what outstanding advantages does DopeSwap have over these competitors? What are your goals compared to your competitors?
What’s the difference between linear vesting and governance vesting? How are they aligned in farming and staking DOPE token?
The highlight on your website is the words “You should put your pink glasses on”, Can you explain more about its meaning? Is there anything related to Dopeswap?
According to the roadmap you shared, it stopped in December this year. So what will happen next year? What are you focusing on later this year?
How has your current role evolved since you started?”
What is your greatest personal struggle or limitation in supervising others? Can you give me an example of a time when you overcame one of your limitations and resolved a problem?”
“Have you ever had to reconcile contradictory or misleading metrics from different platforms?”
Please tell me a few reasons why I could trust you with my money, it will help many people to be less skeptical?
the Domain was created a week ago 28\10\2020, the contract was posted on github 31\10\2020, on medium articles were posted at the same time, the team is anonymous. Figuratively speaking, someone you don’t know comes up to you on the street and says give me the money, and I’ll give you a lot more. Your reaction is to give money or give damage to the body of the requester?
In your roadmap, you just started in October 31 of this year, just 5 days ago and pre-sale is done while farming/Staking is ongoing. Is there any major problems encountered during pre-sale and the ongoing farming/Staking? How did you deal with it?
Why did you decide to arrange a token sale before opening your DEX? Why do I need to replenish Uniswap’s liquidity for just 14 days if I need to transfer tokens to your platform in just 14 days? What’s the rush?
What role does increasing the initial rate of mint per block to 0.02 DOPE play in increasing APYs and supporting in liquidity, and how was this rate determined?
How do you aim to reach the balanced mint rate and what attempts will you make in the future to keep the token supply relatively stable?
How will you create the DOPE fund to be used for marketing, listing on stock exchanges and additional fees, and how is the DOPE amount to be allocated for this fund determined?
What’s your strategy to attract more liquidity providers early on and raise awareness of the Dopeswap project?
What is the Floating Transaction Burning Feature in Dopeswap? How does this feature make the token price more stable?
Why does linear harvest vesting happen every 30 minutes? Can the community vote to change this feature?
All DEX AMMs have the same problems such as high fees, low liquidity and slippage. Which Dopeswap is planning to solve these problems?
You aim to become the leading Automated Market Maker Decentralised Exchange. Do you think AMM model is well anticipated? And combining that, what is your emergency plan if there anything happens quite unexpectedly ?
I actually wonder sub-meanings of motions in your logo. What do they represent?
From your website “we observed that many hyper inflationary experiments like Sushiswap, Luaswap even Uniswap failed to work very well for the token holders as well the APYs of the platforms” So what do you think they have done additional big mistakes and it lets you a pathway to go through it?
How will Dopeswap’s market maker incentive system work? Will you use popular strategies like Liquidity mining, Yield farming?
Many Uniswap users are losing money due to fraudulent pools. How will this problem be solved in Dopeswap?
Poor UX is one of the biggest problems in many projects. Will Dopeswap be as easy to use as Uniswap or even better?
Will I be able to trade on Dopeswap with any type of ERC-20 token? Or will it be a different chain similar to the Binance Smart Chain? Will Binance Smart Chain also integrate with Dopeswap?
What features does Dopeswap lack in other DEXs like Uniswap, BinanceDEX? Are you sure you will become the leader in the Dex universe?
What are your plans for rapid growth in terms of users and traders? How do you plan to keep new users on your Dopeswap platform?
How will you follow a wallet-DEX connection manner unlike your competitors in the market?
What achievements have you done before Dopeswap in the ecosystem?
Currently, most investors are only interested in the profits they make and forget about the long-term benefits. So can you give your own opinion about why they should buy and hold these tokens / coins for a long time?
Can you supply me with a token release and distribution schedule?
Currently in the market, it seems that investors only pay attention to the profits they get and forget the long-term benefits. So can you give your own opinion, advice why should they buy and hold these tokens / coins?
What mechanisms does dopeswap use to ensure that companies cannot “run away” with investors’ money, and how do you ensure the safety of users’ funds?
1. why dope not directly listing to uniswap or others that have a bigger market so traders can immediately glance at coin dope
2. Most of the coins that have just listed the price will be dumping !! what dope will do to stabilize dope prices and head to the moon