We are pleased to announce our next AMA on May 2nd 2021 at 02:00 PM UTC Time: Satoshi Club x HyruleSwap
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join HyruleSwap Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. HyruleSwap Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about HyruleSwap
For more details:
HyruleSwap Website – hyruleswap.com
HyruleSwap Telegram – @HyruleSwap
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Your Project name, HyruleSwap, is inspired by Hyrule Warriors, a Japanese game released in 2014 and your gaming characters are inspired by Legend of Zelda, a high fantasy Japanese adventure game. However, your token name is $RUPEE, a fiat currency used in Indian. What experience do you intend to provide to users with the adoption of Japanese themed gaming products? Also, Why do you prefer using the Indian $RUPEE instead of Japanese $YEN as the currency of your platform? Lastly, what are the utilities/functions of RUPEE and the other token you called GOLDEN RUPEE within your ecosystem and how are they different or unique?
Pancakeswap recently migrated from v1 to V2 and this migration was not without some noticeable hitches. Due to this incidence and the other perceived unhelpful actions of pancakeswap, you announced 5days ago that HyruleSwap is also migrating from Pancakeswap to ApeSwap and users are now expected to start creating liquidities on ApeSwap. Why did you prefer ApeSwap, a platform which is less than 3 months old among other older BSC platforms such as BakerySwap, Julswap etc and how secure is ApeSwap for users? How does this affect LP providers on pancakeswap and will this mean that $RUPEE will no longer be tradeable on Pancakeswap?
Getting investors into the project is difficult,
Moreover, maintaining investors is much more difficult.
What kind of strategy does have to make investors believe in your project for the long term in the future?
Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?
You are working on your governance model in order to ensure Hyrule becomes a community governed platform which will give every user a voice. Who will be able to initiate proposals and vote and on what range of propositions will your users be able to govern directly? Also, I read that in order to activate this governance feature, you will need to set up a dedicated treasury for this occasion. What is the need for a dedicated treasury in governance? What will be the source of fund to this treasury and for what purpose are you going to use this treasury fund? Will it be to reward voters?
When I check your roadmap I see that new partnerships on your average priority list. Also there are launching a brand new gambling game on your lists. So is it possible for the next partner to be a casino game defi project like Spartan.Casino who also made AMA here on Satoshi? Could you please share your upcoming partnerships plans and who are you about to make partnership right now?
You have two tokens named RUPEE and gRUPEE. The second one gRUPEE is your governance token Golden RUPEE. How can we get your governance token gRUPEE? Is it only being acquired via staking RUPEE or adding liquidity into the system and converting the LP tokens? Also what are the benefits of holding gRUPEE tokens on governance of Hyrule Swap? And are there any other usecases for gRUPEE?
I was reading about burning RUPEE tokens in your website description and it says that your team will not have any RUPEE tokens at launch, how can launch be benefited without the project team owning their own token? I don’t understand, what do you generate through this strategy?
In your roadmap you mentioned a mechanism related to games of chance but that involves the development of several games but it does not explain how these games diversify the economy of your token, what is the “fiery mechanism” about and what potential does this have objective to strengthen the value of your token?
generally some platforms want to deliver certain levels of transparency but along the way they are forced to implement policies that affect this transparency, HyrulesSwap also has its own policies but, how do you guarantee that your policy favors transparency and what are the steps to create a place healthy exchange?
Hyruleswap recently presented a series of errors related to “Vaults” problems, I understand that they are display problems. Why was the display of your platform affected and what mechanism or error caused the failure? When will this fix be ready?
Hyruleswap announced in these months that they would join the NFT market with greater effort and that they will begin to design new elements and components, What will happen to the RUPEE tokenomy once the new NFTs are added and what functions will be integrated with these non-fungible tokens?
One of the objectives set in your route daughter is to migrate from Pancakeswap to Apeswap, it is well known that Pancakeswap is more widely accepted than Apeswap today, why did you make the decision to migrate from one of the most accepted Swaps? How does RUPEE benefit from this decision?
I have played some games with characters who level up and receive rewards through missions or conquering dungeons, hyruleswap announced that it will soon launch a dungeon, what tokens can we drop through these dungeons and what rewards do users who participate by showing his bravery in these dungeons?
There is a phase of your work route called “Liberating the forge”, I don’t know if there are any characters within your games that receive this name or if it will be the name of a lottery or new game, what will this mission called “be about? Releasing the Forge “and how can gamers earn NFT tokens through this new integration?
hyruleswap has been suffering a lot with a transition related to the change of brand of the user interface, why did this sudden change of brand originate and what visual identity will be established in your ecosystem? What progress are you making with this transition?
recently gRUPEE submitted its application to be listed on CoinGecko and CoinmarketCap, how does this process of evaluations that are carried out by CoinGecko and Coinmarketcap to authenticate that gRUPEE is a profitable project and without signs of scam work?
NFT holders are encouraged to buy and save tokens depending on the new advantages and developments that are made, hyruleswap announced that it would launch exclusive advantages for NFT holders, what exclusivity characteristics will these advantages have? Will they be paid or free? How will these advantages stimulate growth in the value of tokens?
hyruleswap has a catalog of priorities, among which is the Medium Priority, hyruleswap has recently tried to join the group of gaming platforms related to betting, casinos are the most used without a doubt, what should a discrete gaming platform do to break into the world of betting through games with NFT? Will they make an association with a cacino or a lottery?
Can you please explain to us the cultivation mechanism that is used in Hyrule swap, how it is constituted and what key elements does it have?
In Hyrule Swap users have or will have at some point the possibility of developing their own NFT or collaborating in the creation of these, if so, under what standards should they be created?
REGARDING HYRULESWAP TOKENOMICS, WHAT MECHANISM DO YOU IMPLEMENT FOR BURNING $RUPEE TOKENS?
HOW CAN I BECOME A HYRULESWAP LIQUIDITY PROVIDER, ARE THERE ANY REQUIREMENTS I MUST MEET, IF SO, WHAT ARE THEY?
HOW IMPORTANT IS THE HYRULESWAP COMMUNITY, IS IT A FUNDAMENTAL PART OF THE FUTURE GROWTH OF THE PROJECT AND FINALLY, WHAT RIGHTS DOES THE GLOBAL COMMUNITY HAVE OVER THE PROJECT?
HyruleSwap has began the launch of its NFTs on the kokiri shop section of their website and as stated, these NFTs will serve a purpose and also complement the project’s ecosystem, which includes generating more burn and also used in providing exclusive benefits. With these expected qualities and more, can you briefly explain some of the exclusive qualities provided by these NFTs to the community, what additional purpose do they serve, and how does purchase of the NFT generate more burn?
A couple of weeks back, HyruleSwap completed it’s listing request with CoinMarketCap and Coin Gecko to have the Golden RUPEE listed. However since these announcement, the community has be eager and expectant. Can you carefully brief us on the progress so far on these applications, and are there future plans to apply for listing in some tier-1 exchanges in the nearest future and what other significant marketing push should we expect from HyruleSwap in the coming weeks and months?
How many mechanisms make up HyruleSwap, could you give us a brief summary of the function of each one of these and how, together, they make this project work?
As the HyruleSwap team shows, that this project is really on track for success and that it will not end up being a failure or abandoned by its creators?
Many projects decide to have a limited supply of tokens, so why has HyruleSwap decided that its supply will be unlimited and how will this help the token’s value grow?
I will like you to give more details on the release of your gambling game, which will only available to those that purchase rupees on your liquidity pool. Firstly, i will like to know the reason why you are not extending the game to your holders of rupees and what will be done to the lost rupees of holders after gambling and loosing. Do you have plans to burn the funds or what do you plan to do to it, do you have plans of introducing more token for your user to gamble with or it is only rupees that will be available for them.
You have plans to migrate to a Dex this week but you specifically said it is not pancake swap but some other swap exchange, what are the main reasons why you didn’t migrate to pancake even knowing for a fact that they just upgraded and all there system seems to work fine now. What are the benefits of these new Dex to we holders.
You have something called reservoirs on your platform, which is your staking platform but what surprised me is the fact your staking platform is having APR and APY because to me, i am only familiar with APY when we stake. What are the reasons why you are given both APY and APR, and why is the APY more than the APR.
You announced on your Twitter post that HyruleSwap will soon implement #CHAINLINK for it’s gambling games. So can you tell us more about this big news and how will be this a great improvement for your ecosystem? Also what more innovative features you plan to provide for your users in the near future?
Could you tell me a little bit about Your roadmap going forward, how do you plan onboarding users and gaining more adoption for Your project ?. What would we expect in the future?
What is the most ambitious goal of your project? I would appreciate it if you could share with us any Upcoming Updates?
What is your top priorities in 2021? Could you share some plans for the upcoming year?Which part of the project are you most focused on right now?
You’ve decided to made an article about Uranium Finance that has been recently hacked where several tens of millions of USD have vanished. I’ve never heard of Uranium Finance before but sad to hear this kind of news. This is an important topic because recently many platforms got hacked, so can you explain more regarding this matter like what happened and why did it happened? Also in your opinion, what do you think? Uranium Finance, have they been victim of a hack or it is a rupgpull?
Recently many platforms got hacked, and one of them is the Uranium Finance. So what’s your relationship with them and what’s your purpose of making an article about their hacking incidents? Also how about HYRULESWAP, how are you prepared, secured and confidence that this hacking thingy will not also happen to you like what happened to others?
HyruleSwap invites its users to go to a new kingdom and join Link in his quest! Help him defeat the evil Ganondorf and save Princess Zelda. So why did you choose the fabulous concept of your project and how did you come to it? Who was the founder of this idea?
Each Rupee generated directly supports Link’s the war effort and will allow hero to improve his equipment: from the Master Sword to bombs or arrows. What does this whole process look like – support for the hero’s military efforts, in what cases is it necessary to improve the equipment? How many Rupee does each user use in these cases? And what is the whole process of improving equipment for?
I read on your site that HyruleSwap is a game based platform and NFT project, can you tell us why you name your project HyruleSwap? Do you have Swap exchange feature like uniswap or sushiswap?
I noticed that in your roadmap, you have high ,average and low priority. So how did you sort out things what to give most priority and less priority in your roadmap? One of your high priority is launching Dungeons, so can you explain more about Dungeons? Why it is one of the most priority in your platform to launch? How essential it is in HyruleSwap network? You give low priority to launching NFT Marketplace,so why does this marketplace in the least priority? How important is NFT in your platform? Thank you
I read that HyruleSwap will add more games on your platform in the future also add NFT. Could you please share what are the purpose of your NFT ? And how to get the NFT?
Your $RUPEE tokens has an emission rate which is there will be 1 RUPEE/block and 28,800 RUPEE/day in which 10% will be sent to the developers’ addresses for marketing purposes, payout, and to fund future partnerships & strategic developments. Can you tell us how emission being done in your platform? Why is there a need of 28,800 RUPEE in just a day for emission? How does emission rate being calculated? If 10% will be sent to the developers’ addresses for marketing purposes, payout, and to fund future partnerships & strategic developments, where does 90% goes? How does Emission brings impacts to traders and users of the Hyruleswap? Thank you
Hi HyruleSwap!
I noticed that most favorable farming conditions without the deposit fees are reserved for Ape liquidity. What was the main factor for you to choose Ape instead of the biggest player PCS? Do you have plans of allowing swapping and liquidity locking directly on your platform?
Hi HyruleSwap!
Hyrule has two tokens, rupee and golden rupee. Please tell us why you decided you need two tokens? What are the unique use cases the users will require golden rupee for and how can we obtain this highly desired gem 🙂 ?
Hi HyruleSwap!
I am impressed with the Hyrule team’s dedication to security! Not only did you pass two certifications already but also applied for Certik! Could you tell us what unique modules can users find on your platform that are the most complex and require such extensive audits?
I read from your site one of your ambitions is to make Hyrule a community platform where everyone would have a voice. So how is governance system work inside HyruleSwap? Do all token holder can participate to voting ?
4% is burned from each bet of RUPEE owners, besides, do you manually burn every 3 days? For what purpose do you burn RUPEE manually, from what sources, what% and how much has already been burned?
I could see that HyruleSwap has been audited by TechRate, MythX, the premier security analysis services, which is one of the steps that makes the community have a trust in a project like this.But trying to access the Reports from the two platforms, it was redirecting me to another unknown website. How can we get the report in a readable way or we are not meant to go through the report?
I tried to compare and contrast your platform with others I could noticed that your TOTAL VALUE LOCKED (TVL) changes frequently while others not doing so, sometimes it’s even change to $0. What is the reason behind this uniqueness? Does it works with changes in the market?
I checked the KOKIRI SHOP tag on your website, trying to buy NFTS with rupee and could discovered that it’s no longer available. What actually happened that this is no more working? What will happen to the NFTs of the users that have purchased NFTs with rupee on your website? Since it is no longer available, have you provided us an alternative?
I read HyruleSwap already implement innovative and new feature name with ‘ChainLink’ for your gambling games. Could you please explain how does this feature work inside your game platform?
In your roadmap that you rather call a list of ideas in development, you planned to migrate from pancakeswap to Apeswap. Why have you plan to do this since Apeswap was just created with little supporters? And base on community reviews, pancakeswap is still making sense, can you give us details about you dumping pancakeswap just like that?
Please.
Wen Master Sword?
Wen Dungeons?
Wen Certik?
Wen Moon?
Thx.
From the project title and road map I can tell that project is implementing and focusing on gamification aspects. I would like to ask how much you rely on this aspect when developing Hyreulswap?
Given the recent hacks, security is in the spotlight. What are you doing to guarantee our funds are SAFU?
Your NFT artist is amazing. When can we expect to purchase the Master Sword and what NFTs will be released in the near future?
What is the end game for Hyruleswap? Does the name imply that you will eventually become an AMM?
Thanks
I think most important aspect in defi projects are attracting investors. Whom are you targeting and what is your strategy?
From your roadmap pending high priority works focused on gamification + token burning. Could you tell more on what kind of results are you trying to achieve using these strategies?
When more people buy rupee & grupee and stake it, the apy/apr will go down and the price will go up i think? So you think this system works in longterm even the price goes up and down and we still earn enough to compensate?
Will there be benefits from the nfts? And how can we imagine that? Also some infos about the marketplace would be nice.
hi! big fan of the zelda series, and i got into the AMM thing thanks to this proyect got my attencion because of that and i´m a newbie about this. I really like the proyect cardano and believe in it and my question is if in the future, when they make posible smart contracts, do you have any plans to port or make another AMM in their plataform??
thanks!