We are pleased to announce our next AMA on April 24th 2021 at 03:00 PM UTC Time: Satoshi Club x Dino Exchange
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Dino Exchange Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Dino Exchange Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Dino Exchange
For more details:
Dino Exchange Website – dino.exchange
Dino Exchange Telegram – @dinoexchange
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
What is the strategy used by Your Project to attract new users and investors and keep them in the long term?
What is your advantage over other projects? Is it from a security point of view or the technology you are using? Or are there other advantages? What makes you believe that your project is worth choosing?
What is your strongest advantage that you think will make your team leading the market? and In contrast, what is your weakness? How do you plan to overcome it?
How does DinoExchange use an automated market model that allows investors from other countries that prohibit and provide too strict regulations so that these investors cannot manage their shares in DinoExchange? How is DinoExchange trying to handle a DeFi like this?
Dino Exchange uses AMM which allows digital assets to be traded without permission by using liquidity pools in terms of traditional market of buyers and sellers. As a liquidity provider willing to earn more yield; how much fee will a trader pay with interaction with Dino liquidity pool. And what AMM are you implementing for lower rates and efficient trade in the industry and will this be able to solve the problem of limited liquidity.
Dino Exchange runs on BSC with lots of features that allows users earn token by yield farming and playing games on Dino platform. Looking at the volume of similar feature possessed by other platform; what are the unique features available that are offered beneficiary than other platforms.And how can games like soccer with diverse features be considered in attracting more tokens for users.
As I was able to realize it is said that Dino.Exchange is a decentralized exchange of automated market creation that runs on Binance Smart Chain with many features that allow you to win tokens through performance agriculture or playing games on your platform. Could you tell me how do you intend to do to create an environment in which people can produce performance crops with a high and sustainable TAE? I would like to know if apart from Binance Smart Chain are working on another chain? Since they have added time blocking I would like to know if in any case, the migration code is also deleted?
I understand that Dino uses an AMM, which allows his user or digital assets to be negotiated without permission through the use of liquidity groups in terms of the traditional market for buyers and sellers if I were interested, would be my question would be. How much rate will you pay a merchant with the interaction of the To be clear, could you tell me what (amm) is implementing to win lower rates and a trade with great efficiency in the industry? If you talk about unlimited liquidity, what would be possible options to solve this problem?
It could be said that Dino exchange can provide a greater advantage over other projects? I am interested in knowing what your focus is, can you tell me if it is security or technology? What is the path your project will take?
What risks can there be to using tokens and how do you capture the value of the ecosystem you are building?
In the Burn and buyback mechanism on the Dino Exchange. Will you tell us some key points or which model to use?
Could you please provide some reviews on your Roadmap and what results the Dino Exchange has achieved to date? And what’s in the 2021 plans for the Dino Exchange?
One of the products you plan to launch in Q2 2021 are Provably-fair games which will run on top of the DeFi ecosystem, such as lottery, dice, and more, and that Each game will have a unique mechanism to lock/burn DINO tokens to reduce the circulating token supply… so how do you ensure that your games will be provably-fair and transparent, how can users verify this, at what rate and what kinds of activities within your gaming system will lead to the Lock/burn of DINO tokens using your unique mechanism..
Your intended Dex Aggregator will be an algorithm that will aggregate different liquidity protocols to discover the most efficient swap for buy/sell orders and also allow users to perform a Cross swap to maximize the tokens received..can you tell us what protocols you will be aggregating here, and how do you intend to facilitate swap across this different protocols…
Can you explain how your intended Portfolio Tracker will work, what features will you be implementing in your portfolio tracker, will you be releasing a mobile application for this or will it be a Dapp on the web..and is there a date or time set for this to be released..
On your website you say that you chose the Binance Smart Chain blockchain because of the large number of daily transactions that are manifesting lately, the numbers have multiplied by five since December 2020. From the beginning of 2021 onwards, in part thanks to congestion problems and the high transaction fees of the Ethereum network. All this has caused that many developers and investors have looked for alternatives like for example the BSC. But one of BSC’s problems today is the centralization of the platform, since it has 21 active validators on the network. Centralized systems are more prone to system failures, attacks, and are also more vulnerable to institutional regulations. Is this a problem for you? Is there any way that the centralization of Binance Smart Chain could affect the Dino Exchange project?
It is a very good decision to implement Automated Market Makers (AMM) for all the good features it has. But today there are many projects and platforms that, like Dino Exchange, adapt AMMs in their infrastructure such as Uniswap, Curve and PancakeSwap with an elegant design and are working to improve the platform. Does Dino Exchange have features that other exchanges don’t? Which? Do you think that in the future Dino Exchange can surpass the current leading exchanges? Also, in what way are you improving Dino Exchange at the moment?
In general, the projects that Automated Market Makers (AMM) adopt tend to have a very simple and easy-to-use interface. Dino Exchange has this feature? If yes, what are the most significant and simple aspects of Dino Exchange? Finally, anyone with little knowledge of cryptocurrencies and exchanges can safely trade on Dino Exchange?
DinoExchange is a known automated market-making (AMM) decentralized exchange (DEX) that runs on the Binance Smart Chain system, you also provide a lot of features that let you earn tokens on your platform. What are these features that new crypto adopters and crypto OGS can use in earning tokens on your platform, are the earned token yours or there are other outside token we can earn on your platform also.
One of the feature which you said will differentiate Dino Exchange from its competitors is that you will implement the highest APR and Exclusive Pools. Many projects often promise this, but along the way, they are unable to meet the demand of yield farming as more users join their pools. You said you will be relying on a unique tech to make this possible. What type of tech are you going to use which will allow you to continuously provide highest APR irrespective of the increasing number of users that joins the pool? Will this only limited to the pools you refer to as exclusive pools? Also, what makes some Pools Exclusive? Will it have special conditions for joining, staking or unstaking?
On April 19th, you successfully launched your swap platform and I really like the smooth non-crowded interface. But you said in your project docs that your swap is going to be a cross-chain swaps. But from my interactions with your swap, I found out that it can only support BSC tokens. When do you think this cross-chain swap feature will be available for use? How is your fees scheduled both for regular swaps and cross-chain swaps? Which chain do you plan to support and how do you think it will be possible for your protocol to be able to bridge easily with other blockchains in order to support cross-chain interactions?
Talking about user experience, how do you plan to develop a platform that will be easy for newbie and OGs, when introduced to your platform. Do you also have plans of creating phone app for easy access to your platform, what are the new things that are rare in the crypto ecosystem that we should expect from you.
In your swap platform that just launched, do you have plans of making it crosschain. What are the blockchain system, we should expect when the cross chain is launched.
Do you have plans of introducing staking to your platform because due to my recent research about your platform, it seems you only want to support yield farming. What are the token that you will plan to introduce in your platform, if you endorse staking and how do you plan to create an APY that standout amidst other staking platform.
There is the main aspect of us earning tokens by playing games on your platform, i will like to know the types of game you have on your platform. Do your game requires a specific type of system when being played, what are the specifications of desktop/laptop and phone when we want to play these games on your platform.
Recently the most common problem when you provide liquidity for a token now is impermanence loss, when you provide liquidity for a token, it is then reduced because of the increase in price of the token. How do you plan to approach this kind of loss because normally a token price should not be stable then why the deduction of the token. How do you plan to approach impermanence loss.
Total $DINO supply is 200,000,000 and you will have an initial emissions of 6 $DINO generated per block. I read that this emission rate will decrease by 3% every 864,00 blocks. How long will it takes to have that number of blocks and how will the reduction decisions be made? Can the community propose and vote on emission rate per block or its frequency? Will the process be hard-coded into the smart contracts or will it be manually implemented? And do you plan to combine this deflationary technique together with token burn to ensure a healthy reduction of your token in circulation?
Dino.Exchange is an automated market making (AMM) decentralized exchange (DEX) that runs on Binance Smart Chain. How does the Dino protocol realign incentives for network participants, what strategy does it apply? What are the characteristics that allow players to win scissors?
I understand that one of the main goals is to create an environment where people can grow high yielding crops and sustainably. What are the features of Dino Exchange? Does DinoExchange use an automated market maker model? Can users perform mining on the Dino platform?
Liquidity mining is the best way to generate passive income. Liquidity funds are very important for decentralized exchanges and this is exactly one of the key advantages that you will have with Dino. What passive income strategies does Dino Exchange offer to users? Under what network are they operating? What are the objectives set to maintain security, stability and trust for users?
Dino Exchange works through Automated Market Makers (AMM), but AMMs have some deficiencies in their system that can affect the well-being of the project. AMMs are exposed to attacks and vulnerabilities, where users can lose their money due to complex smart contract interactions. Also, arbitrage traders are essential in AMM to correct the price of assets, but it results in a non-permanent loss on many platforms. Do you take these aspects into account? Do you plan to solve these disadvantages in some way? How can you guarantee security and a good user experience? Thanks for your time.
I find the fact that the theme of the project refers to dinosaurs is striking and interesting. As other exchanges adopt the theme of unicorns, pancakes, etc, you decided to adopt the theme of dinosaurs, why? I would like to know the story that made you make this decision.
I was reading your roadmap and the games section caught my attention, so I couldn’t help but relate it to the NFTs. You don’t mention anything about NFTs on your website, but are you interested in the NFT market? Do you think that in the future you could launch an NFT either dedicated to games, art or other financial space?
The trading feature on Dino Exchange aims to use liquidity pools instead of the traditional market of buyers and sellers, can you tell us the advantages of this system and what are the possible risks associated to the use of liquidity pools?
Dino Exchange was build on the Binance Smart Chain, however it would be very interesting if the platform can somehow connect with other chains in the future, is it in your plans?
In your roadmap, it seems Dino Platform will launch games on top of the defi ecosystem suck as Lottery & Dice. And it seems this will be the way of burning DINO tokens for reducing the circulating supply. Why did you choose to burn tokens with playing the games? What is your planned burning strategy with these games and what are the burn rates for each game and what are the rewards for users?
First of all congratulations that you have done a whitelist lottery and completed an IDO on this Monday, 5 days ago. What’s the fund has been raised on IDO and how long did it take to sell all tokens? Can you share the details about your public sale and any upcoming ICO sales maybe?
Despite DINO being a Token to generate passive income, how much would you estimate that the percentage of your APR per year could be if you followed and have a good liquidity fund? I ask this to know why invest in DINO and know its long-term benefits
DinoExchange is an automated market-making (AMM) decentralized exchange(DEX) running on BinanceSmartChain with a lot of features that let you earn tokens. So may we know what are some of these features and how we can earn from these? Also as BSC known for being fast and cheap, what other reasons why did you chose BSC to build your project? Will you planning to migrate on other blockchains like Polkadot & Heco Chain as you move forward?
Your Limit Order will allow users to Buy/Sell at the desirable price without having to continuously monitor the price. With so many projects with same features as yours, can you tell us what makes you different? Also how will Dino Exchange operates in a differently and completely decentralized way on BSC?
You are aiming to be the leading Dino in a new age of Decentralized Finance right? But how could you accomplish this if the whole team of Dino is anonymous? Trust is very important, so tell us how could we trust your project and how can you ensure us that we are safe here?
I think a key thing that users look at before using an exchange is to see the transaction and trading fees it has. So, can you tell me about the exchange and transaction fees within Dino Exchange, and are there ways to reduce them?
What are the plans or methods that Dino Exchange will use to create an environment where people can grow at a high and sustainable APR? How effective will this performance characteristic be? What are the approximate percentages (%) that will be generated?
I understand that Dino Exchange is constituted on Binance Smart Chain (BSC), but I have a doubt, when participating in your whitelisted IDO, will users be able to buy your tokens with USD, Ethereum or any other cryptocurrency? Or can they only be purchased with BNB? Could you please clarify this for me?
In their medium they mention that in their IDO they will set a maximum cap per person of $250, so if the value of each DINO will be $0.25, does this mean that users will only be able to buy 1000 DINOs? Why have they decided to set this amount instead of a higher limit?
In their roadmap, I could see that in the future they will implement a “Payment Gateway” that works for both IOS and Android. So, do you mean that your native DINO token will be used in the future for its holders to buy everyday things thanks to this payment gateway? To achieve this, will they partner with some companies that accept payments in DINO?
DinoExchange is characterized as an AMM for these platforms it is important to attract liquidity and create a large pool, the more liquidity there is in the pool, the less slippage the orders will have. Taking this into account, what strategies will you use to attract enough liquidity and thus counteract the slippage of orders? and how will you encourage users to provide liquidity? What benefits will you offer to those who provide liquidity?
The $DINO token can be used to participate in the governance of the community where users will be able to vote, could you explain me more in depth how this governance system will work, will the Holders have full control in the decisions or just a small participation ? Will a specific amount of $DINO tokens be necessary for my vote to be taken into account ?
one of its objectives is to achieve yield crops with a high and sustainable APR, for long-term sustainability it is necessary to lock funds and rewards in long cycles and to obtain a good yield for users it is necessary to be able to withdraw high percentages daily, then, How will DinoExchange achieve its goal?
I read that on the DinoExchange platform there will be some kind of lottery games, how will it work? Will it be similar to the pancakeswap lotteries or do you plan to create something more original?
I saw on your website that you’ll be integrating the DINO token into payment gateways on iOS and Android, will it be trough a dApp? What do you have on mind to get your tools and games more accesible?
You have a section for gaming that are mainly focused on lottery and provably fair games, can you tell us the ways to take profits from these games? How can the users whithdraw their tokens and trade them for other cryptos?
One of the many impressive features of Dino Exchange is it’s Cross-Chain Swap which enables users to swap their crytocurrency assets across popular blockchains without the need of switching between platform. What popular chains does Dino Exchange currently accommodate with this feature, is there a limit to the amount of crypto currencies swapped across chains and is there a minimum fee charged by the exchange to render this service?
There will be a total supply of 200 Million DINO tokens with an emission rate of 6 DINO tokens minted per block, this emission rate will be automatically reduced by 3% for every 864,000 blocks. Using the analysis above, DINO aims to greatly reduce it’s total supply making DINO rarer and more valuable and causing DINO to function more like a deflationary token. That been said, how will this be achieved if emissions will only have a meagre 3% reduction with every 864,000 blocks compared to the current emission rate and how does the system automatically set the emission reduction rate?
Hi Dino!
You have a very cute mascot! But there are now multiple DEXes that allow staking and farming. What do you thinks are you main advantages over the competition that will invite new users over and convince them to become part of the Dino family (other than your cute Dino )
Hi Dino!
Your documentation briefly mentions Analytics, a statistical automatic analysis system that assists users in capturing market information. Can you please share some more info about it? What cool stats will it allow users to collect? Will users get to see real time price charts and maybe have access to the technical analysis tools?
Hi Dino!
You plan to have games like lottery and dice on the platform, this is great. It will surely make users engage more with the Dino exchange and will give more use to the DINO token. I wonder how these games will be used to burn DINO to reduce the circulating supply, will users pay to enter the game and part of the fee will be burnt? What other interesting games/activities do you plan to add in the future?
Dino Exchange has three goals towards users that you want to achieve which are the low fees, fast performance, all while providing high security for your users. So how will you able to fulfill this goals in a midst of having more competitors in the market especially with BSC? How will you implement low fees? As tight security is really important to every users and traders especially for the funds,what security measures will be implemented and be applied to Dino Exchange? Thank you
One of the products of Dino Exchange is the Portfolio Tracker,so how does this tracker be executed in your platform? Can you tell us more about the job of this tracker? Does anyone can access this tracker especially to users? Do we have to pay to use this tracker or it is free to access? Can you site some advantages and some disadvantages if any, with regards to this tracker? Thank you
Hello team dino I read that you choose to stay anon, could you explain the reason of being anon? Because I think new user will afraid to join and invest with your project. How do you make sure that your platform is safe?
The emission rate is 6 DINO per block right now and the emission rate will be reduced by 3% of every 30 days. The other yield farming projects are choosing to give that permission to its users with governance mechanisms. Why did you hard coded this into smart contract? What benefits will it bring to the tokenomics and the token price?
Dino exchange is a DEX on BSC with yield farm and games, could you please tell us what kind of game do you have in your platform? How is the gameplay, and can we buy or sell item in your game to get real money?
What is the main objective of the project embarked upon by Dino Exchange
Did you conduct an audit for your project and what security measure did you put in place as insurance in case of possible security comprise
What is the potential impact of your token of the exchange ecosystem