We are pleased to announce our next AMA on February 21st 2021 at 02:00 PM UTC Time: Satoshi Club x CafeSwap
⚠️Click to see the hour
⚠️Total Reward pool: $800
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join CafeSwap Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. CafeSwap Team will select 10 questions and answer them.
Part 3: 600$ – A quiz about CafeSwap
For more details:
CafeSwap – @CafeSwap
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
I would love to know, how is the reward percentage being calculated?
Is team planing to reveal who they are?
What are the upcoming partnership?
Hello CafeSwap Team, I have few questions for your project. Hope it can be answered.
1.) Many of investor just focus on the price of token in short term instead of real value of project. Can you tell us the motivation and benefits for investors of CafeSwap for long term?
2.) In the current market there are much platforms/projects which are widely used so what are your plans for its more adoption- which attracts investor’s eye?
3.) Currently , What are the problems does CafeSwap is facing ?
1)How many people work on cafeswap , and where are they from , especialy chef 🙂
2)Pancake swap fork has spawned many projects in the BSC network, will you continue your relationship with the bEarn .fi ecosystem by collaborating on platforms such as Auto? are there other platforms?
3)Will NFTs have a breakthrough in this sector lately, in a rising trend? Maybe a cooperation will make things easier, do you have any discussions on this issue?
How does CafeSwap plan to differentiate itself from the likes of other defi Yield farms on BSC?
Hello cafeswap, let’s hope the project continues with more force after this mistress.
1) seeing lately the amount of hacks that have been, how do you intend to cover these and if our investments would be safe?
2) In the event of a sudden mass adoption, will there be some kind of token burn?
3) when will we see the next steps of the project?
Thanks for the opportunity
Hi team,
1. What is the unique aspect of Cafeswap that differentiates itself from PCS or other forks of PCS?
2. In your blog you mentioned about security risks and using Migrator function and Timelock to mitigate the risks. Have these been implemented?
3. What is the long term vision/goal of the project?
Thanks!
Stake LP tokens to earn BREW!
This got my attention. Let’s take an example, if I buy worth of 1000$ BREW in Cafeswap and Stake it, how much guaranteed APR will I get in certain period of time?
Can I also unstake it anytime?
You offered very high APR for BREW stakers, what if its price dumps due to whales selling how will you manage and control whale dumpers? Will the promised APR get affected?
Auto compound is one of the most popular features on the staking platform. it will help grow investor funds faster. Does CafeSwap support auto compound feature? and please explain how you set the interval?
What is your strategy to control Brew’s inflation rate? The supply of tokens can continue to increase every day, do you consider some effective strategies to reduce supply to keep inflation under control?
Hey Cafeswap! Great job with bearn.fi. When are you going to integrate with Autofarm? Any plans to integrate with the Ethereum network?
I know who created this project, I keep his kyc. At least I believe the cafe won’t RUG, I decided to invest some money in the project.Therefore, I want to know what your future goals are and whether partnering with Supra Finance and dittomoney will make you achieve these goals?
After the apy drops below 1000% in the $BREW staking pool whole staking balance will be burned in a go which will be the highest $BREW burn of all time.As for me as an investor, what benefit will I get?
According to your tokenomics.
The reward emission has been reduced to 1 Brew/Block From 1.5 Brew/Block
This will bring more value to the CafeSwap ecosystem and reduce the inflation rate.Is one of your project goals to more value to the CafeSwap ecosystem and reduce the inflation rate?
You mentioned that Additional 1000 tokens will be minted by the team for airdrop and community stuff. So, I will ask you what is the participation rate of each( Marketing/Partnerships/Community Rewards/Contest)?
we of know the dev wallet generates 9% fees on every harvest transaction made by the user. and you decided to burn 50% of it weekly, It will continue as it is going on now. how can this is used Please, I want more information from where to get it?Is there a white paper or something similar?
Binance Smart Chain is becoming one of the most popular CEXes, however as its said in a medium article of your own BSC is now becoming the hub of DeFi with increasing numbers of scams. So, how is Cafe Swap getting ahead of this problem to demonstate this is legit and well based project?
In the early stages of this project you noticed the token inflation was inminent so you decided to decrease the block reward and increase the token to be sold in presale. But it seems like a temporary solution, what are your plans to avoid inflation in the long term?
CafeSwap created the tokens BREW and CAFE. You specify that CAFE has no use case in your platform, so why create it? What are the benefits for the CafeSwap users of investing on CAFE?
BREW has an unlimited supply and it’s controlled by various mechanisms. Can you mention the principal mechanisms and explain how they work?
I’m curious about the reason behind the name of the project. Why did you decide to build the brand of your project around the concept of Coffee? Is there a certain reason?
At cafeswap.finance, you offer us several wallets to choose from. I chose Trust Wallet, but I still couldn’t connect to the platform. What could be the problem and which one, in your opinion, should I choose a wallet?
CafeSwap.finance’s styling is very similar to PancakeSwap.finance. You even have a BREW-CAKE pair at Farms.
Do you have a close collaboration? Can you tell us why your platforms are so similar?
I couldn’t find any information on Twitter.
About BSC, you mention that they have chosen it because of its low tnx fees and faster speed. You also say that your goal is to gather all the BSC DeFi ecosystems in one place. Can you tell me why this is? Will only the project benefit or the community as well?
It caught my attention that there will be two tokens in your project:
-Token by CafeSwap (BREW)
-CafePool Token (CAFE): You say that it is not a current use case and it will be given as proof of participation token to all users who bet on BREW in participation groups.
So can you tell me why the CAFE token does not have a use case on our platform, therefore there will be no value of the CAFE token? If there will be no value, what is really its usefulness? Has any advantage?
Will you have your own NFTs and who will be the main character? For example, PancakesSwap.finance has pancake and a rabbit, while CafeSwap.finance has a cup of coffee and …?
Part of CafeSwap marketing strategy plans include partnership deals. Considering the impact of partnership deals which is a determinant for investors choice. Can you explain to the community the possible major deals expected.
what will convince people to hold or buy your token
what is the mechanism of this project in another project
I read on the CafeSwap Tokenomics that you have 2 tokens; the $BREW and the Cafe Token. But CAFE token has no use-case in the platform, so the said token have no value. Why have you created Cafe token when there was no actual usecase on CafeSwap platform?
CafeSwap tokenomics mentioned that a minimum of 50% Dev fund will be burned weekly. But what is the scenario that might occur for CafeSwap to burn above 50% of Dev Wallet? Have you already used this mechanism?
CafeSwap has a very simple website, there isn’t much information about the creators and their experience on DeFi, can you share these details with us? Where was this project born and where is looking in the future?
There are many DeFi projects that offers staking and yield farming. May I ask other than staking and farming, what can we do with $BREW tokens? What will be the future usecase and importance of holding your token other than waiting for it to gain more value and trade $BREW for profit?
Recently you’ve announced a partnership with Ditto.Money, I wonder how many partnerships are you seeking to increase the farming ans staking pools with your token $BREW? Is this the main motivation od this project?
The Whitepaper of the caefeswap says that the Cafe pool Token ( $CAFE) doesn’t have any actual use case and has no value either, so what is the purpose of the existence of this token?
I just realized that the staking pools not related to the BREW token are Innactive by the moment, so when will open them?
Regarding the stake burning mechanism, you have decided to incorporate a new recording mechanism that will take place on Sundays of each week between 6 a.m. UTC and 8 a.m. UTC. Can you explain a little about that and what will it do?
Deleted
The cafeswap burning mechanism takes the 50% of all fees to burn it, but just for curiousity what happens with the other 50%?
Do you really make sure that the top of the stake pool falls below 1000%? If so, how do you plan to do it? What happens if the bet doesn’t fall below 1000%?
What are your plans as a project? Do you have a roadmap of CafeSwap development or progress?
It is interesting that they have developed CafeSwap on BSC, which brings great benefits in terms of speed and low fees. Is there any additional reason that made you decide to bet on BSC? What additional benefits will it bring to you and to the users?
Will the supply of CafeSwap be dynamically adjustable, “periodically”, or only in case the community so decides? (and hoping they don’t have to make further adjustments)
What marketing actions do you consider necessary in order to bring together the various BSC ecosystems in CafeSwap? Are you offering sponsorship to other emerging products?
I read that they have the CHS token and the COFFEE token, as well as the BREW token. Could you explain the use cases and their differences briefly?
What mechanisms or measures are they taking in CafeSwap in order to guarantee sustainability?
I am new to the Defi world and I don’t understand some concepts. Could you explain to us what is the point of burning Token if you previously mentioned that BREW has infinite supply?
I am intrigued by the name of your project, it attracts a lot of attention and is very simple at the same time. Why did you decide to use coffee as name of your project? Is there a great story behind it or did you wanted to call your project that way just for fun?
Nowadays every project and platform have a Staking Program features…Unlike other platform they just offer a minimum or lower APY for their users..But CafeSwap is offering the maximum ear APR..How much APR are you offering to your stakers And how is the settlement of this rewards?Is there any penalty if the stakers pull out their stake tokens?
I could see on your twitter page that you have recently announced a new partnership with Ditto money, an elastic supply token on BSC. Maybe we are still in early stage to talk about what this partnership can offer, but can you tell us or give a sneak peek at how this partnership can influence the development of CafeSwap and what can we expect from it?
CafeSwap is a yield farming and staking platform on BSC Chain, and we believe why you’ve chose BSC is because of its low tnx fees and faster speed right? So is there more other reasons why you chose your platform to be on BSC Chain? Also what differentiate you from other yield-farming Projects out there and what’s so unique about CafeSwap that keeps you ahead from your competitors?
Talking about your deflationary mechanism..
100 % of Dev Fund for 1st day will be totally burned
A Minimum 50% of Dev thereafter will be burned weekly.
Dev Wallet May Burn Above 50% If Needed..
What will be the severe effect of your constant burning of the dev token? what else will be the benefit of your dev if you burn almost all of its parts and how may affect this to your “token ,,your platform and also your users and investors?
On the website I saw your Staking Pool Burn Mechanism that will take place Every Week on Sunday in between 6 AM UTC – 8 AM UTC. So can you please explain more what is all about and how it works? Also why you’ve decided to bring in a new burning mechanism in the first place and how will it be useful?
I’ve heard that CafeSwap has two tokens, the CafeSwap Token (BREW) and CafePool Token (CAFE). So can you explain what is the difference between $BREW and $CAFE and what are their uses or their important role in your platform? Also the important question, how and where we can purchase your two tokens?
According to your Tokenomics
The reward emission has been reduced to 1 Brew/Block From 1.5 Brew/Block
And you said that
This will bring more value to the CafeSwap ecosystem and reduce the inflation rate..what does this mean?Could you provide us some example of how does it work in your ecosystem?
I am interested about cafeswap security features, can u give me advatages of migrator function?
Are there any disadvantages if we use Timelock function to enhance the security of transaction ?
Why did u choose BSC chain as a blockchain?
As far as I know many platform already join Binance Smart Chain, so can you tell us what unique offers does CafeSwap brings to investors and community? What is the motivation and purpose for basing Binance Smart Chain? BSC is a popular platform, so can you tell us if the money invested in joining BSC is worth it and really a great help for the development of CafeSwap? What positive impact and big effects it brings to CafeSwap ecosystem? Thank you
I want to know if there will be any upcoming nft option in cafeswap
Another question is if there will be any ifo(Initial farm offering)
Option in cafeswap
When will there more projects farm option apart from brew in cafeswap
In future which platform to trade cafe token?
Hello Cafeswap Team
Q: Brew price is so volatile and it goes up and down at high percentage so are you planning something to safeguard the money of investors?
Q: Are you planning to spread the voice of Cafeswap on Internet. All the platforms do a lot to advertise their platform on Social Media and yes we see a great rise in the number of investors along with it. So when you’re doing it?
Q: Are you guys planning an airdrop for early investors of Cafeswap to give them some perks and inviting new users to Cafeswap community?
Team OEG
For everyone to access CafeSwap, are you open to small investors like me? By staking and farming, what likely the most amazing offers that your platform brings towards investors? For legitimacy and to add trust to people, does your smart contract already audited and been checked? How will you consider and convince non-crypto natives to invest in CafeSwap especially in this time of pandemic? Thank you
Hello CafeSwap Team, I have few questions for your project. Hope it can be answered.
1)What are the most exciting reasons to become involved with digital currencies?
2)Is the company prepared for unforeseen exposure to cryptocurrencies?
3)Has management considered the technology and security concerns for cryptocurrencies?
In CafeSwap, you are guided around the migration and time lock feature. What are the key benefits of this security and risk framework? What advantages will the customer get?
When you go to some pages of your site, a warning appears: “Warning: The data on this site has only synced to Binance Smart Chain block 2322248 (out of 5070677). Please check back soon.” What are the reasons for these problems and does it affect the pharming and, most importantly, the exchange process?
Your project has high expectations. There is a trained team. Do you talk about the team and your experiences in the market?
i read from your telegram and twitter that Cafe Swap decrease reward Emission to 1.5 BREW/BLOCK for first 5 days as bonus and then reduce it to 1 BREW/BLOCk after wards.Can you give a reason why Cafe Swap decide to do this ? because much farmer already dissapointed with this announcement, and do you have any compensation ?
Tell us about the Migrator and Timelock functions in your contract. The Migrator function that allows you to transfer tokens to another address is very alarming …
Cafe Swap are announcing the first community airdrop campaign, where 500 users will earn some $COFFEE tokens for free. btw there are no detail on telegram about this, can you tell about requirement how i can participate ? and is there any Cafe Swap Bounty Program?
I would like to know in detail about the mechanism of burning. Most of all interested in the paragraph: After the apy drops below 1000% in the $BREW staking pool whole staking balance will be burned in a go. It sounds a little incomprehensible and even frightening.
Every warning on the site acts on me like acid on iron, because I trust my money earned with blood and sweat. Tell me , today at 15: 00 (Moscow time) i see this
Warning: The data on this site has only synced to Binance Smart Chain block 2332537 (out of 5071273). Please check back soon.
What’s it? Poorly working contract I will make a swap and wait…. years until the data gets into the block or is it nothing to worry about?
Share the methods of fighting inflation from CafeSwap. I can’t say that you have a large total supply, but you pay a lot of attention to reducing the supply. I understand the desire to pump up the price of the token on the wave of the hype, but I think you are doing it too aggressively
There is a Cafe token in your plans. At the moment, the CafePool Token (CAFE) is No actual use-case. Tell me, for what reasons does this token appear in the documentation, if it has no use even in plans for the future?
Can you please explain about more Cafe Swap Farm Pool, how much APY that user possible to get and How much Farm Pool that Cafe Swap already have ? Do you also have plan to create new pool in the future ?
I am interested to understand from what income it is possible to get an average of 4000% in BREW farming pools? I like easy money, but I don’t like to lose it. Therefore, please name the most important factors that will help me understand that I will get the promised income like profit, and not vice versa, the loss due to the pressure on the price of these $ 4000.% the loss due to the pressure on the price of this 4000%
Your second token $CAFE has no use-case in your platform, hence there will be no value of CAFE token from CafeSwap.Finance Team. Then why does it exist? Can you clearify please?
Your system has a weekly burning mechanism. Why do you burn tokens so often? You make this burning from the fees (9%) collected through harvesting, and you burn 50% of them. What happens to the remaining 50%? Finally will this burning mechanism go same forever or is it just for an initial period?
A lot of yield farming projects were launch in Binance Smart Chain and some of them leads to rugging investor’s money. Based on your medium blog, there’s a function “Timelock” and “Migrator” feature, could you explain to us how those things work and how you will assure that there’s no rugging will happen?
Hello Chef,
Can you share with us the problems encountered during the launch of Cafeswap and how you overcome them?
Hello chef,
Why did you choose “BREW” as the ticker and not “COFFEE” or “CAFE”, any story behind them?
Are you going to integrate NFTs Market place and NFT Pools?
Is there any thoughts gone into NFTs for the project as APR is king but it runs hand in hand with NFTs which bring the community together in a new way and give more reasons to take part
Would you be interested in hiring people when the time comes for positions other than programming?
What is your main goal with this project?
How do you see the project in the next 1,2,3 years
1. Does the Brew value depend on Cakes or moves independently?
2. Does Brew stand a chance to surpass cakes anytime soon?
3. Are we gonna have newer projects listed for Staking on Cafeswap?
Is it possible for cafeswap to become a famous decentralized exchange like pancakeswap? When will $brew be listed on some centralized exchanges?
I realize that cafeswap.finance is kinda overloaded and slow somehow. Why’s that? How are you doing to improve it?
How can your project pay staking rewards for users for a long time in the future? How to maintain the capital for that?
Adoption & Awareness about Platform is very important for any Creator as well as Users! So, What are your plans to attract More users as well as Creators with Non-crypto users too ?
I have one question have any future goal to set Max-limit of token supply. That maybe best way to appreciate token holder’s and fix supply issue to progress platform more and can bit pancakeswap as well and be the best AMM platform.