We are pleased to announce our next AMA on July 10th 2021 at 01:00 PM UTC Time: Satoshi Club x CremePieSwap
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join CremePieSwap Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. CremePieSwap Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about CremePieSwap
For more details:
CremePieSwap Website – docs.cremepieswap.finance
CremePieSwap Telegram – @cremepieswapofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
CremePieSwap is an exchange-focused AMM, offering various services that support decentralized trading on Polygon / Matic. Would they be based on a Blockchain network? Since this would allow them to provide independent participation to users? Specifically what is your goal?
CremePieSwap will solve our liquidity problem in Polygon by linking with: BINANCE, TRUST VALLET, COINOMI, Etc? .. Or will there be a specific wallet?
What are these decentralized applications that are being taken into account? Would it allow users a profit for each Token or should they comply with a massive participation of Tokens, in order to obtain any benefit?
Have you thought about the possibility of generating some kind of profit for our users by advertising them? Aiming to gain a greater volume of customers for CremePieSwap?
How to draw the attention of potential customers to CremePieSwap? How extensive security do you offer your clients in the exchange of securities?
Could the Tokens that users have received by providing a higher volume of liquidity be wagered in the community, to generate even more profits? As a user, could you give your opinion and decide on the development and progress of CremePie Swap?
The fact, I realized when referring your whitepaper that you want to build CremePieSwap on Polygon(MATIC) network much like Pancakeswap on the BSC. It seems, Pancakeswap is the main Competitor of CremePieSwap. So what about the exchange & trading fees of CremePieSwap, Is it less than Pancakeswap fees? Is CremePieSwap consisted with AMM protocal like Pancakeswap? Have you a revenue model to earn $CPIE like earn CAKE and other tokens for free with super high interest rates in Pancakeswap? How about the security system of CremePieSwap? Already Pancakeswap has been audited several times as I know. What about yours? Which strategic tools will you use to become the highest rewarding AMM on the polygon Network? And also Pancakeswap offer NFT collectibles to their users as gifts. Will CremePieSwap do the same?
In Q4 Roadmap, It is mentioned that MATIC price prediction Markets is to be launched in 2021. Can ypu give us a sneak peek about MATIC price prediction market? Will it integrate the price of other crypto currencies, built on Polygon chain? How will it Help to get mass adoption on $CPIE?
You have mentioned, Maximum supply of $CPIE tokens is unimited. This cause directly to reduced scarcity, high inflation rate, limited token appreciation. So how will you overcome these challenges? Do you have a higher & advanced burning mechanism to prevent inflation & mitigate the price volatility of $CPIE? Every transaction will incur 6% tax which is allocated 2%- liquidity on $CPIE, 2%- distribute to staked $CPIE on Launchzone’s PoolX,1%-burn & 1%- development & marketing. Will you be ready to change the token categorization in Tax (Transaction fee) if the community want to change?
CremePieSwap intend to equip its platform with Yield Farming and AMM aggregator technology.We all know that Yield Farming is closely related to AMM because it involves liquidity provider and liquidity pool.Can you briefly explain to us how Yield Farming will work on your platform?Since funds will be deposited on your platform will it be a stable coin?For AMM the 2 biggest risk it has is Impermanent Loss and Slippage.How will CremePieSwap avoid Impermanent Loss and Slippage during fluctuations in price?And how will users balance out their losses when such happens?
CremePieSwap, is a fresh new decentralized exchange, and AMM on Polygon ( Matic) network. And you plan to launch the cross-chain bridge to provide services and benefit to your partners and investors in the future. Why do you chose to launch on the Polygon blockchain? What benefits would you derive in using this blockchain? Since one of your team partners is BSC.ARMY, do you plan on launching your project on Binance and other blockchains like HECO in the future?
CremePieSwap is a project created by the alliance between LaunchZone, 100Xcoin and BSC.Army teams. My question is What was the reason for this joint effort in creating this project? What value is each team bringing into this project? Since LaunchZone vision is to create incubator platforms to support potential Defi startups, Do you plan to inherit the products and design from LaunchZone?Do you plan on bringing more partners to your platform in the future?
CremiePieSwap project is a result of the alliance of three different projects which are LaunchZone, 100Xcoin and BSC Army. 100Xcoin is a meme project launched on BSC. LaunchZone is a launchpad incubator for BSC projects while BSC Army is a decentralized DAO for social media industry on Binance Smart Chain. Why did you come together to create CremiePieSwap on MATIC despite the fact that none of your previous projects is launched or experienced on MATIC? What opportunities did you identify on this chain and will there be an expansion of your SWAP activities on other chains? What specific role will each of these three projects play in the successful implementation of CremiePieSwap vision and how will you harness your previous experience/community resources in giving the community of Defi users and investors a creamy experience?
You will launch officially on July 12th and I read that your whitelist is officially opened. However, you said that the more a user refer the more likelihood to get a whitelist spot. Is getting whitelisted for presale based strictly on referring or you will have options for users who could not refer much to have a fair chance of getting whitelisted by including a random selection method? On which platform are you going to host presale and what is the presale price? What token will be accepted to purchase from presale and will there be any limit or maximum cap per user? Also, don’t you think it is necessary to allocate some whitelist spot to holders of the three projects (100Xcoin, LaunchZone and BSC Army) that combine to launch CremiePieSwap? And apart from your own Swap, where do you plan to get listed after launch?
I need a clarification on your referral rewards. You have said that we will get additional tickets when someone registers via our link. Are you considering only direct referrals? Further, you have implemented a rule on considering referral rewards. According to that, if the number of whitelist participants does not surpasse 50,000, aren’t we getting any benefit for inviting others and supporting your project?
You take the advantage of lower fees of MATIC network. However, do you know that the total Value locked Ratio is high in Polygon? Due to this issue, an asset may be overvalued. Do you have any plans to face this kind of situation? When selecting a chain, did you pay your attention only to the fees? Have you identified some other advantages of choosing MATIC?
The CrèmePieSwap team is anonymous. Don’t you think this is a disadvantage since there are tons of scam projects in the market? Why did you choose this way and what will you do to gain the trust of investors? Do you have an intention to become non-anonymous in the future?
One of the main feature of CremePieSwap offering is **Lowest Fees**. After the high gas fees of Ethereum, BSC took an advantage of this and promoted its cheap gas fees to get investors in its chain. It worked pretty well for a while sometimes gas fees in BSC also got more expensive than previous times. In this case, how will CremeSwapPie manage to provide the gas fees as lowest?
Can you explain more about the lottery feature of CremePieSwap? How does it work? Do users have to pay for getting a lottery ticket or the tickets are given automatically to holders? How will you manage to avoid cheaters in your lottery?
CremiePieSwap is said to take a community-centred approach and you plan to include a governance feature that will empower your users to decide how your protocol will develop. Your platform will launch on July 12. Will your governance feature be fully release at launch? Also, what model of governance will you use and what will be required for a user to join governance? Will governance be carried out using $CPIE or do you plan to launch an additional governance token?
What is the most distinctive feature of the Cremepieswap project that distinguishes it from other projects? people are skeptical of new projects, what has Cremepieswap done or is doing to kill this phenomenon?
At difference of other projects, CremePieSwap took the good idea of use Polygon as its first chain, but as you know the key of the success depends on how much wide you are, so CremePieSwap will be able to support others EVM compatible networks?
⚛ The key of obtain a good investment profit is ” get on board” early. I have understood that you only have less that 48 hours to close your whitelist before the Presale, so can you share the link to participate, and also speak us a little bit about what will be your softcap and expectations that you have during this event?
NFTs has gain lot of traction in the Crypto space.Since CremePieSwap has partnered with other blockchains,does CremePieSwap also have plans for NFTs on its platform?Can you tell us what NFT collectibles will CremePieSwap focus on?Does CremePieSwap have a sneak peak of this NFTs to share with us.
You have an ongoing contest, where you call users to join your whitelist for the opportunity to win a fraction of a Lamborghini. Recently, I saw a project that was giving away a Ferrari, so I thought this might be similar, can you tell us how this contest works? Is it a cash payment, or are there any innovative ways of giving away a fraction of a car in crypto? Also, what are the necessary steps to enter your whitelist and how many people have participated? Also, as the whitelisting process is done exclusively for potential investors, what is the benefit you see in having people join, only to win, and not to invest?
In your Q4 of your roadmap, CremePieSwap wants to integrate Lottery in its platform.Can you tell us how it works?What are the features of this lottery and which is the biggest price in your lottery events?What amount of $CPIE token will one has to get to participate in the lottery?
Reading your documents I realized that you want to be similar to Pancakeswap but on polygon, that’s amazing, but how much similar will you be exactly? Will you allow the creation of anypool without verification? Also the main token will be the $MATIC or your $CPIE? Can you explain us how will be the role of these tokens?
The life of any AMM is the support of its liquidity providers, without them, any swap system is destined to fail. So can you explain us what are the incentives that you offer to increase the amount of adopters and users of your ecosystem?
Cremepieswap is going to introduce the best AMM for Matic users just like pancakeswap on BSC.. so many features are same in both..we all know,Although the liquidity on PancakeSwap is on the rise, Uniswap is still leading. Why did you select pancakeswap as a model for your project ?
Any special reason?Are all features same like Pancakeswap or will more unique features be introduced than pancakeswap to cremepieSwap ?
Pancakeswap brings low transaction costs.How about cremepieswap.?and also when comparing liquidity ,How many CEX which the
$CPIE available apart from cremepieswap itself ?
CremePieSwap is the result of a joint partnership between 100xCoin, BSC Army and Launchzone. CremePieSwap is a decentralized exchange, established on the Polygon network. Tell us how 100xCoin, BSC Army and Launchzone came to cooperation and common goal – to create CremePieSwap and why did you choose Polygon? What features and benefits will CremePieSwap have thanks to this?
CremePieSwap main goal is to solve the liquidity problem that many projects in the Polygon network have. Regarding to this I wonder two things: First, what is the mechanism through which CremePieSwap can increase liquidity in those projects; and then second, since it’s mission is to enhance the functionality of other projects, how does CremePieSwap connect with other projects on Polygon? If owners or founders of those projects want to join this one, how could they do it?
How is it possible to bridge BSC to Polygon to solve the liquidity problem, does it imply that only projects that have their tokens in both BSC and Polygon can use CremePieSwap?
As I understand to your website, CremePieSwap is an AMM on the Polygon (MATIC) network with the goal of matching PancakeSwap’s level of adoption on Binance Smart Chain. So, what features does CremePieSwap have that other DEX’s don’t have such as Pancake Swap? What big plans do you have in the pipeline to help $CPIE achieve the same level of success as $CAKE did for BSC? Lastly, how will $CPIE contribute to the exponential growth of Polygon(MATIC)?
Does Cremepieswap project has any social medias other than telegram,twitter to attract more investors towards you? If yes,what are they and are you satisfied with those social medias or would you face any problems?
At the moment, you are running an IG Reel contest on Instagram – a prize fund of $ 2,000, on Twitter a meme contest – a prize fund of $ 2,000. Do we have time to take part in these competitions and what conditions must be met? How will the winners be determined, how many prizes will there be and how will the winner receive his award? What other contests, airdrops and initiatives does CremePieSwap offer to its users now or are planned in the near future?
The CreamPieSawap vision of leading an adoption for the Polygon (Matic) chain, is set to be achieved by providing the lowest fees and highest rewarding AMM features to projects and investors. Consequently, one of the such feature would include the CreamPieSawap prediction market, where users can earn $MATIC or $CPIE by guessing the price of the MATICUSDT pair for the day. With such activity, I would love to know if the CreamPieSawap prediction market is only limited to $MATIC, what are the procedures, requirements and associated rewards with this prediction market, and since users lose their committed stake when such predictions are wrong, how are such losses accounted for by the network, and will there be an incurred tax on each $MATIC prediction round?
On your website you said that there is no limit on the total number of lottery tickets one user can purchase. But a user can only purchase a maximum of 50 lottery tickets at a time.My question is, in those 50 tickets do we have a chance to win? And if we buy more tickets, more chances to win? Could you explain more about the lottery features of CremePieSwap and how to win that lottery? Lastly, how do you avoid cheaters?
A private whitelist launch will take place on July 12th, followed by a full public whitelist IDO launch. For the sake of investors who are interested in engaging with CremePieSwap, could you please share the procedures for participating in the official whitelist registration? What are the benefits of being added to the whitelist?
As CreamPieSwap strives to increase adoption and trade on the Polygon/Matic network, it is said to also address the liquidity issues of Polygon by bridging from Binance Smart Chain. We know very well that BSC has an excellent liquidity base, owing to the sheer volume of projects built on it, but why would CreamPieSwap native to Polygon, take this approach to liquidity generation, and in building a bridge with the BSC will that also mean CreamPieSwap would adopt features native to BSC, and what sort of projects and operational services would this bridge satisfy, what other ways would CreamPieSwap look to generate liquidity asides bridging with BSC?
The success of every project especially new and strategically unique ones is tentatively hedged on the type of partners and collaborations it has made over the period of it’s development and operations. However, CreamPieSwap has made relatively few partnerships at the moment, with your major partner been obviously Polygon/Matic. Therefore, what sort of partnership and alliances would CreamPieSwap look to create in other to grow and expand the project, how would such partners resonate with the CreamPieSwap project idea, and talking marketing, what ways would CreamPieSwap look to market it’s AMM services to a new and budding DeFi market?
Many AMM projects have already evolved and are known for their credibility in this market, such as Pancakeswap, but what would be the most appealing feature of your project for traders to choose CremepPieSwap?
According to your tokenomics, $CPIE has an unlimited supply. How do you avoid inflation? Similar to $ETH, do you issue only a fixed ammount of $CPIE per year? Further, you have implemented a 6% tax for every selling activity to prevent whales’ sell-offs. However, 6% will not be a huge amount for a whale. In a bearish market condition, selling $CPIE with a 6% tax and re-buying at a dip may be more profitable than holding all the tokens. How do you face that kind of sell-off situations? Do you have any plans to prevent $CPIE from being undervalued? You should have limited the maximum supply to avoid this problem. Without choosing that easy option, why did you decide to implement a tax for selling?
CremePieSwap is run by anonymous developers who love Creme and Pie. Because most Polygon and BSC projects rug pull, several project teams chose to get doxxed and remain public in order to gain loyalty and trust from users and investors. Will your team go public if CremePieSwap becomes as popular as PancakeSwap?
Also, how does your team works? Do you, guys, have a physical office, and if so, which country are you based?
Given the current market condition, how are you planning to keep investors interested in the project and prevent potential pump and dump?
According to your website, under your project’s vision; CremepieSwap envisions to be a lead chain adoption by creating the lowest fee, highest rewarding AMM on the Polygon (MATIC) network. How do you make this vision attainable or possible? Can you give us and elaborate and specific explanation.
Based on your website, CremePieSwap is run by anonymous devs who have an affinity for Creme and Pie. Since the ‘devs’ are anonymous, how do you convince your future stakeholders/project partcipants in the crypto-world to participate in your project?
As stated in your website, under the Trade clause, there is no need for registration. Users are in total ownership of their money and they can trade directly from their wallet app. If so, how do you manage to observe the number of users/subscriber’s of your project, and how do you guarantee that their assets are free from both internal and external threats such as scams and the like?
In your pinned twitter post, you mentioned a chance to win a FRACTION of a lambo when we participate in the presale by being whitelisted. Why is it in fraction? Does it mean that the Lambo you are referring is a Lambo NFT and it is divided into multiple ownership? In top of this, how will the winner be picked?
On your upcoming presale and launch on July 12th, it is required to be whitelisted in order to participate. This means that it has limited slot only and not everyone can join. What are the requirements in order to be whitelisted? What benefits will it bring us aside from the chance to participate in your presale? Why did you choose having whitelist instead of opening it for everybody? Since you will have a whitelisted presale, does it mean that you will not conduct a private and public sale too?
One of the features that Creme Pie Swap has is it can be used immediately, without any registrations. However, it made me skeptical that this could mean that it would lack security and user data for records. Wouldn’t this be unsafe for users and a great possibility for scams? How can we ensure our trading transactions here? So does that mean that KYC is no longer needed to transact?
An alternative for earning is for users to join in lotteries. The problem with lottery programs is that it lacks transparency upon draw. How can Creme Pie Swap establish transparency to the users where they can get trust from the community in return? Can you briefly explain to us the mechanics of this lottery? and how can the prize be claimed by the winner?
The team section on the website only introduced the team as anonymous devs who have affinity for creme and pie, hence, the name. My question is why did you chose to be anonymous? Is there any reason why like a big project coming up? How can the users know how experienced the handlers of the projects are? How can the users establish trust?
CremePie Swap mentioned that $CPIE will help drive exponential growth of MATIC chain. May I know how exactly can you contribute to its growth? With all the other successful DEXs on other chains, how can CremePie Swap compete with them? What do you think are your advantages to other DEXs?
There is one slogan i read from your website, that makes me interested with CremePieSwap about
“The More You Swap, The Creme-ier It Gets”. Actually what are the meaning of your slogan? What benefit user can get if they “Swap more” In your platform?
CremePieSwap is a DEX & AMM with staking, farming and compound interest under Polygon chain. But i read that CremePieSwap also have another feature about Lottery and about Prediction system. I’m really interested with your lottery and prediction system, could you introduce to us how the mechanism work for lottery and prediction feature in CremePieSwap? Also what are the reward if user win in there?
I read that we can earn CPIE by participating in daily lotteries and MATICUSDT price predictions. Could you tell us in more detail how we can take part in these lotteries and predictions, how they are conducted and what awards can we receive?
I understand that you open Public whitelist until 11th July that mean tomorrow is close. If new user like me who just know from today ama, can i still participate to becoming one of your whitelist or its already too late? And what are requirement to become whitelist?
CremePieSwap has the opportunity to become the leading DEX and growing to PancakeSwap level of adoption. To achieve this it is necessary to offer new and innovative functions for people to choose to use CremePieSwap, in addition to gaining the trust of users. I think these aspects are fundamental and I want to ask you how do you plan to achieve this? What are the steps to outperform other DEX’s like PancakeSwap?
CremePieSwap has the opportunity to become the leading DEX and growing to PancakeSwap level of adoption hence the significant user growth on the Matic chain. What are the key things that you wish to perform in CremePieSwap to become the leading DEX and growing to PancakeSwap level? What are the ways to earn by using this platform? and why should people want to choose this platform?
There are various types of scammers on the crypto market. On the DEX platforms, the Reliability and the transparency is the most valuable and the most important composition on the platform. The CremePieSwap is run by anonymous devs, I feel that this will be a reason for reducing the attraction of the new users so how do you control the transparency of both users and team ? And how do you build the reliability of the CremePieSwap? On the other hand The CremePieSwap is allowed for users to immediately trade without any registration or account. How do you hold the security of the traders without a registration or an account?
When some users are willing to Earn $Matic with prediction market, how can they manage the risk? Are there any features? to manage the risk? And 3% of every Matic Price prediction round is used to buy back $CPIE for burning so why do you get a 3% fee? Do you contribute to charity services? And when considering the lottery, how do you choose the lucky numbers of the ticket? Do you hold that with transparency?