We are pleased to announce our next AMA on May 8th 2021 at 05:00 PM UTC Time: Satoshi Club x TollFreeSwap
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join TollFreeSwap Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. TollFreeSwap Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about TollFreeSwap
For more details:
TollFreeSwap Website – tollfreeswap.org
TollFreeSwap Telegram – @tollfreeswap
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Where are you focusing right now? Creating and developing products, gaining customers and users, or partnerships? Can you share
Why name Tollfreeswap who choosed it
How many wallets support your tokens?which is?
How do you find a solution to the current high gas fee in the ethereum ecosystem? Do we need to hold TOLL tokens to get excess gas refund?
We can use TollFreeSwap without any gas or other fee is this possible in future we seen fees on TollFreeSwap?
Will there be a TOLL Token burn distribution or airdrop? Also, is there a set period of time to burn tokens monthly or annually?
What is on your roadmap in your list to be made in 2021, how will you improve yourself? What awaits TOLL TOKEN in 2021?
TOLL Token powers the tollfreeswap ecosystem and is been utilized in four different ways as stated in the medium article. One of the utilities offered by the TOLL Token is Spending TOLL on your premium products and services. Can you tell us what those premium products and services are. Thanks.
TollFreeSwap is a solution to be taken advantage of in reducing the cost of gas, as it offers decentralized fee reclaim and fee-less exchange for swapping erc20. But this is only accessible to people who can stake 1 TOLL which is equal to 1ETH. What is the reason why you decided 1TOLL as minimum?
1:1 ratio reclaim incentive will only be available during IDO phase, that is all the gas fee incurred for IDO transaction will be reclaimed. Tell us the ratio of the reclaim incentive onwards after the IDO and on which exchange is the IDO taking place.
Who we are?
What we have done uptill now?
Why its name tollfreeswap?
What about future investments?
What is the maximum market cab?
Who the target Audience?
What will be the returns?
Aims and planings…
On your road map during Q2 2021 you plan to integrate NFT market to your platform, considering that you basically offer refund for excess gas fees on ERC-20 transactions, why are you integrating the NFT market because most NFTs on the Ethereum network are mostly either ERC-721 or ERC-115 standards, so what is the benefit of integrating an NFT market to Tollfreeswap…
Your Mission is to offer a solution to the current high gas fee on the ethereum ecosystem in line with this, Tollfreeswap determines the extra gas fees spent by users and send them back to their wallet.. how does Tollfreeswap determine what the extra charges actually are to refund back to the users, for what kinds of activities will you be refunding users, what is the minimum or maximum charges you can refund, and how does refunding of gas fees provide solution to the high gas fee issue on the ethereum network, as this has almost nothing to do with the technical working of ethereum network and a refund can be seen as just another transaction on the network..
Tollfreeswap currently has three working dApps which are The IDO dApp, Token Transfer, Fee Reclaim dApp, with plans of launching about 23 more proxy contracts dApps.. can you explain how the currently working dApps on Tollfreeswap work and what are some of the examples of Proxy contract dApps you plan to launch in Tollfreeswap, and how will they work…
Every user can get as many gas as wanted as long as such address has the required amount of $TOLL. But looking at the ratio of $TOLL to $ETH, 1 $TOLL = 1 $ETH. Based on this, if for example, my address is adjudged to have 5 $ETH as accumulated excess gas, I will need to first buy 5 $TOLL before I can claim a refund. Why do you still refer to this as a refund when it actually cost me $TOLL to recover the excess $ETH? Will the overcharged gas fee be refunded in $ETH or in $TOLL? If it will be in $TOLL, why do you still say I will be given “all” my gas fees when I am only to allow to trade 60% of $TOLL after listing? What will happen to the remaining 40% of my $TOLL?
Your main product and utility of $TOLL is to help to recover excess gas fees. However, I found out that the excess fee reclaim process is scheduled to span 30 (5 days during presale and 25 days after) and only address that join during these periods will be able to reclaim fees. If this is the case, how will you be able to keep your project relevant after 30days? What will be the need for $TOLL after this or are you only coming to offer a short-term reprieve? What is your plan in the long-run considering that the high gas problem you wish to solve will continue to remain a disappointing situation for users for a longer period, perhaps until when Ethereum 2.0 becomes a reality?
It is said that you have enabled a minting functionality in your smart contract that will allow the minting of token using proxy contract. Why is this necessary? Which proxy contracts are allowed access to this function on your smart contract and what type of token will they mint? How can we be assured that this will be safe and it will not be hijacked either by someone privy to your contract or any fault-seeking hacker to mint additional $TOLL which can later be dumped on the other users on the ecosystem thereby rugging every user associated with your platform?
On your website you say that Toll Free Transactions was built for Ethereum enthusiasts, but it mainly depends on the users balance to determine their refund level, so is that way how you classify your users? For refund level? Does it means not every transaction can get a refund? Please clarify about the steps to qualify to get a full refund of the gas fees.
It seems like your system works only for old transactions or gas fess payed in the past, then if I want to make Ethereum swaps or transactions in the present must wait to a determinated time to start using your features?
can you provide us with the following information about the TOLL token: how does the mechanism behind it work, what is its usefulness, how much is the total supply you will have and how is it currently distributed?
Are the smart contracts you currently own fully developed or do you consider that improvements need to be made, if so, what new inclusions can we expect in these?
In your roadmap you say that in 2021 Q2 you will integrate NFTs in the market but I have been looking for information and I did not get anything, could you inform me when you add the NFTs of the project? Do you have an end date or have you not specified yet?
I was looking at your website and I found the Toll Transfer tool, but there is something that is not completely clear to me. You say that the additional cost of the spent gas will be reimbursed, what do you find with the “additional” cost of the gas? You mean that they will reimburse a percentage of the gas?
Taking a look at the TollFreeSwap roadmap with particular reference to Q3 2021, there would be a UX/UI redesign, an advanced API integration, more DeFi projects integration, and others. Why would there be a need to redesign the project’s UX/UI interface, with the planned integration of more DeFi Projects and products, should users envision an integration with other blockchains leading to more efficient functionalities of the $TOLL token in the nearest future?
there are many users who are just waiting for the slightest opportunity to scam, steal or use the projects mechanisms against them, so I would like to know, how will Tollfreeswap avoid malicious actions like for example, draining ETH from the uniswap pool, while claiming Toll tokens, which they can then exchange again for ETH or any other situation where the project’s image is harmed?
The TollFreeSwap native token $TOLL has a variety of utilities, amongst which are; Ether gas reclaim, spending TOLL on premium products and services, staking TOLL to receive rewards and freemuim services and features. These utilities and rewards are mostly dependent on the number and volume of $TOLL tokens a user holds. Considering most of them, what are some of the available premium and “freemuim” services, products and features available within the TollFreeSwap ecosystem, and how are $TOLL staking rewards calculated?
Swap through tollfreeswap uniswap proxy your unlimited and favourite tokens that are currently tradable on uniswap and instantly get your excess gas fee paid back to you on TOLL. Can you explain how to does the excess gas fee being estimated and paid back to Toll users? As we know Uniswap gas fee is quite high,so how does Tollfreeswap manage to refund excess gas fee from traders or users? What other generating revenue method that your platform engage inorder to have fund in giving back the excess gas fee? Thank you
Hi TollFreeSwap!
You promise a very enticing feature – users get refunded extra gas cost spent while transferring from one token to another, by using the Toll transfer feature. Can you tell us more about how this will work? How are you going to get sufficient liquidity to cover the fees in a sustainable manner? Thank you!
Hi TollFreeSwap!
Your AMM model determines excess gas fee spent on each transaction and refunds this excess or high gas fee spent on the network back to the user. Please clarify the term “Excess” – does it mean that not the full amount will be refunded but just a fraction of the fee? How will the model determine fair fee value and what portion is the excess? Thank you!
Hi TollFreeSwap!
TollFreeSwap is currently refunding fees for transactions made on Uni and Sushi swaps. Can you tell us if you are planning to expand to include other dapps in the near future? Will it theoretically be possible to get a refund on all gas transactions made in the past regardless of the dapp the transaction took place on? Thank you!
Your Mission is to offer a solution to the current high gas fee on the ethereum ecosystem. So you have specific uses for the TOLL token? Ether gas reclaim requires holding TOLL token и holding TOLL gives you the ability to instantly get back us excess ether spent on gas on that particular transaction. Can you tell us more about this, as well as about other ways to use the TOLL token?
As per your website, TollFreeSwap has a very big number of refunded gas amount . Can you explain to us how this works and how can we trust the amount provided on the website? what revenue models have you thought of for business and for liquidity providers in the future?
you have a two days period left foR IDO and I saw a risk factor disclaimer on your website but it’s not showing for me before I agree and accept all terms and conditions. Can you tell us what are the risk factors before joining an IDO?
After read from your website, I see that TollFreeSwap have refferal system named ‘TOLL Referral’. can you explain what reward will I get if I invite a friend to use TollFreeSwap? How is the refferal system work, my refferal only need to register to your site and I get the reward?
There is a feature I read on your website about returning spent gas fees on our past transactions. This is strictly for old transactions or gas fees you have done in the past. What is it that users have to do for getting old gas fees back? How much of them can you refund to the user? How do you calculate how much gas will system refund?
Creating a project for Ethereum gas fees refunds on the Ethereum network is really needed on the defi world. But with the upcoming Ethereum 2.0 people are expecting the gas prices of the Ethereum will decrease and at some point people won’t care about the Ethereum gas prices anymore. Do you think this can affect the people who use TollFreeSwap project? Do you have any plans if the scenario of Ethereum 2.0 comes maybe like adding support for other high fee blockchains?
If I buy TOLL during Presale, can I get 100% of the Ether I spent?
How long do you give to take advantage of this opportunity and get me your bonus?
What if I have several wallets whose addresses I want to use to buy TOLL? Will the bonus be returned to all my addresses?
TollFreeSwap IDO will start on 10th May for 5 days, also you have bonus system if you buy during the IDO. Could you explain the detail how is bonus system that TollFreeSwap have during IDO? What is the minimum purchase to get the bonus? And how to claim the bonus?
There are some other projects about returning the gas fees on Ethereum like you do. But something is really different with your project because you also claim that you can return gas for the pas transactions too? How many tokens do I have to stake for that? Are there any maximum limit for returning the gas we spend?
TollFreeSwap returns the users the gas spend by users. But in order to do so that transaction must be completed. But as we know sometimes the transaction fails and we spend gas for failed transactions too. Do you have any feature for returning failed gas fees too? Will it be possible to integrate that feature into project? If not, can you describe us why it is not possible?
TollFreeSwap is a cutting edge dapp that provides a gas efficient transaction. Can you explain about your Governance (DAO) system that you mention on your site? How is your governance system work under TollFreeSwap ecosystem ?