We are pleased to announce our next AMA on November 18th 2021 at 11:00 AM UTC Time: Satoshi Club x Pearzap
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Pearzap Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Pearzap Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Pearzap
For more details:
Pearzap Website – pearzap.com
Pearzap Telegram – @pearzap
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
I noticed that you conduct a manual burn mechanism on special events and when needed. Can you give a rough idea about the situations you hope to conduct token burns? Since a burn can affect the value of the token, every investor is curious to know about the burning plans. Why did you decide to choose a manual burn mechanism instead of scheduled burns? What are the advantages of that model?
You have mentioned that there will be an anti-whale system and an anti-bot system for $PEAR. Most of the projects impose a maximum transaction limit to just show that they are preventing whale activities and bot activities. However, whales and bots can overcome that barrier easily. Does Pearzap differ from this common method? Do you have own mechanisms to keep whales and bots away? How do you assure that whales or bots cannot negatively impact on the value of $PEAR?
Pearzap Has a new feature called SuperGarden, In this super garden, pearzappers will be able to stake $Pear to earn multiple partners tokens at the same time. can you enlist some of these partner token pearzappers can earn by staking $pear? And I understand you also have feature called The Locked garden where users can also stake $Pear. Can you explain the major difference between SuperGarden and the Locked garden? What are the other rewards and benefits user can get for using Locked Garden And SuperGarden for staking?
You have mentioned that there will be competitive deposit fees to attract new investors. However, you have not mentioned about an amount or a percentage. Does your deposit fee fluctuate regularly? What will be the maximum fee? If an investor is looking forward to deposit his funds, what will be the best time period? Let the community know whether you increase the deposit fee or decrease it gradually.
-According to your roadmap, Gambling ZapCentre launch is scheduled for Q4 2021. Is the Gambling ZapCentre launched yet?
-Gambling ZapCentre is said to be the first one stop gambling place on Polygon chain. Will this feature be established on other blockchains also? Can you list the gambling games that will be available in the Gambling ZapCentre? Will users play these gambling games against other users or they will play against COM?
-Lastly, will there be any age limit to use this feature? If yes, how will such age limit be enforced?
You recently introduced your new backup token for $PEAR which is $JUIX token along with PearZap Dex which is also Juix.So can you tell us the usecases/utility of this new token?Can you state the difference between $PEAR and $JUIX token?You also mentioned that $JUIX will be launched by a dual fund raise on both PearZap and PolyDeFi platform before launch,so can you give us the details of when the $JUIX token/PearZap Dex(Juix)will be launch and also details about the dual fund raise? Thanks
Pearzap Has a feature called pear spinner where users can bet $PEAR for chance to win $PEAR and the pear spinner is 100% random and the house doesn’t have advantage. Can you elaborate more on how this Betting is done. What are the minimum and maximum amount of $PEAR a user can bet and how are the winnings calculated? What happens to the $PEAR bet when a user lost?
I read from your article that you lock 1.5M $PEAR tokens on Fantom to give your community more ease at heart.Your reason for the lock is because of the upcoming locked garden airdrops and you minted alot of tokens that does have up to the emissions rate to make the airdrop happen.So have the emissions rate being fixed for the airdrop to happen?You also said the locked amount of 1.5M tokens will be unlocked gradually in 10 batches.so when will you and your team finalize upon when the locked token will be unlock for the airdrop to take place?Will the airdrop be open to all or only those who hold a large amount of $PEAR?Please explain Thanks
PearZap Finance is a new safe yield production project on Polygon Chain, BSC network, and Fantom network. The idea for the Pearzap project was born from the idea of bringing innovation to today’s ecosystem. We strive to differentiate ourselves from existing performance farms with: innovative ideas – such as “the garden” and a multi-chain NFT platform. What is “the Garden”? What strings is PearZap supported on? Do you estimate to continue attacking chains to the platform?
Many projects promise high Annual Percentage Rates (APRs), but ultimately fail to deliver. PearZap’s goal is: to assure its investors of the promised high annual percentage rates. How does PearZap work to achieve high annual percentage rates? What tools does PearZap have to achieve this? What are PearZap’s estimated annual rate percentages?
PearZap has the first game for its own gaming ZapCenter; the rotating pear. are yet to come: slot machines, lotteries, tell games and more. What is the Zap Center? How do users earn income through ZapCenter? What are the games currently available on the ZapCenter? Requirements to access the ZapCenter?
PearZap will encourage the addition of projects of its liquidity in the PearZap DEX (JUIX). But partners will be able to add liquidity to our dex and experience great benefits doing so. So they can have great cooperations without competition involved. How will PearZap incentivize the addition of projects of its liquidity in the PearZap DEX (JUIX)? What are the benefits that members will experience from adding liquidity to PearZap’s DEX?
I believe that with a long-term view it is not possible to proceed with $ PEAR alone, simply because they will not be able to reward liquidity providers and farmers when the maximum supply of 60 million is reached. $ JUIX will be a backing token for $ PEAR and $ PEAR will always be center stage. What is the current utility of each token within the PearZap ecosystem? What are the use cases for $ PEAR and $ JUIX?
About your farms;
-I found out that there is a 10% fee which is the early unstake fee. What is the minimum time users need to lock their tokens in order to avoid the early unstake fee? Can you explain how this early unstake fee is distributed in the Pearzap ecosystem?
-Before users enter a farm, they should know how to withdraw their funds incase of an emergency(e.g. if the website is no longer accessible). Where can users learn the process of how to perform an emergency withdrawal of their funds from your farms?
One of the main features of PearZap is High yield farms & pools on the Polygon, Binance Smart Chain & Fantom Chain. Why did you choose to establish the high yield farms and pools on these three blockchains? What are the benefits that PearZap is looking to get from these blockchains? Are there any plans to establish on other blockchains in future?
It caught my attention that one of the plans for this final months of 2021 is to launch your “Gambling ZapCenter”, which will be the first gambling place on Polygon, can you tell us more about this future feature? How many and what kind of gambling games will we be able to find on this section? What kind of prizes can we win on this Gambling ZapCenter? Also, what do we need to do to be able to enjoy these games? Will we have to pay some sort of an entry fee to this section, or perhaps do we need to hold PEAR to earn that privilege?
An interesting feature of pearzap is the strict approach to withdrawal fee
-10% withdrawal fee deducted for pending rewards if the withdrawal occurs within 72 hours,it is automatically burn not even manual that means it has been programmed to be so
-Native farms and pools don’t have withdrawal fees
-deposits don’t reset the withdrawal timer
-this features is only enable on the polygon chain
-Warning message isn’t displayed if you have exceeded the time limit and therefore there will be no withdrawal fees
-please can you kindly let enthusiasts know the reasons for this features as presented?:what are you aiming to avoid or achieve with this approaches? What are the advantages of this features as to withdrawal fee are we supposed to know? Thank you
PearZap aims at implementing Multichain integration of xDAI, Fantom and HECO with the launch of $xPEAR, $fPEAR, $hPEAR.So can you tell us your main aim of integrating to those chains?And what is the essence/purposes of having a reflection of $PEAR tokens on the chain listed above?And by implementing Multichain integration will transactions fees be default by zero?
I saw on PearZap’s roadmap that one of your plans for the end of 2021 is to launch your own (first) NFT collection, can you give us more details about this collection? Who will be the artist behind the creation of it and what will this NFT collection be about? How many NFTs will you have on sale? Where will we be able to get this NFTs and at what price? Most importantly, will this NFTs give us some kind of benefits within the PearZap platform if we acquire them?
Going through I notice there is a garden with farming pools that allows $PEAR holders to stake their $PEAR and earn USDC and MATIC or BTC and MATIC, you said before a user enters this farm he will be charged a deposit fee, please what is the deposit fee a user will be charged,if it’s a $PEAR token how much of it will he be charged? How much is the minimum time for which we can stake in this garden? You said we can unstake anytime and our token will still be safe even if we unstake, please tell us how long will it take to receive our token when we unstake? Do we have to pay a fee to unstake? What benefit do users who stake the $PEAR token receive?
From your roadmap we understand that 2022 you will be launching your launchpad/IDO platform to empower cryptocurrency projects with the ability to distribute tokens and raise liquidity. My question is what are the requirements for projects to launch on your platform? What sort of projects will you consider onboarding on your IDO platform? To what extent and function will your launchpad/IDO platform operate? Will it provide full pre-launched, incubation and post-launched services to prospective projects? Please tell us in what quarter of 2022 are we likely to expei your Launchpad/IDO platform? Thank you
While reading about PearZap, I saw that the project is described to be “Community Driven”, however while looking for more information about this characteristic of PearZap and about it’s governance model, I couldn’t find anything about it. That being said, can you tell us more about what kind of governance model will it be implemented on PearZap and what will make the platform Community Driven? On what kind of decisions will users be able to help and how will they be able to help and be part of the governance of the platform? Will staking a certain amount of PEAR tokens be neccessary for that? Also, what other kind of feature will you implement into the platform to make it even more community driven?
One detail that caught my attention on the PearZap platform is the success of being one of the top 10 DApps with Highest Weekly Users on Polygon and your full compatibility with Polygon as well as BSC, what are the reasons behind this success of PearZap? Will you start working with different Blockchain networks , if you have an existing study on this subject, can you share with us which blockchain will be relevant in the first place? Will you let your users choose their favorite chains in PearZap?
The PearZap team shared with the entire community the announcement of the launch of PearZap’s own DEX a few days ago. You mentioned that launching your own DEX is a major milestone that was planned on your roadmap since the beginning of your project. Tell us a bit about your DEX. What innovations does the PearZap DEX bring into the standard AMM / DEX model? Has the DEX code already been audited? Your DEX was developed on Polygon first as promised, but will you extend your DEX to BSC and Fantom chains in the near future?
Many projects today fail because they don’t understand their communities, users, and customers. Are communities important to PearZap, do you consider community feedback and requests as you build your project and try to move it forward? Who is your target audience and ideal consumer that you want to see on the PearZap platform, is it a platform that can appeal to PearZap amateurs and newcomers to the market?
What opportunities does PearZap provide for its users to make good use of their $PEAR in the yield farm and other programs and to hold their $PEAR tightly? Does it have a plan to prevent inflation in Yield Farming programs and a devaluation that its users can achieve by selling? The PearZap ecosystem in general Could you give us information about, what kind of innovations are there in your ecosystem as a solution to inflation and devaluation?
You recently announced the launch of the new token of the PearZap ecosystem, called JUIX, which is a new token linked to the PearZap Juix DEX. What are the reasons why you decided to launch a new token? What role and functions will the JUIX token have that the PEAR token does not already fulfill? What will be the main function/utility of JUIX token? By the way, will JUIX have mechanisms to fight inflation? And a very important question for the community, will the JUIX token have governance functions?
One of the biggest concerns of investors is the security of the project, PearZap says to have a high focus on smart contracts security, could you explain to us how often are you going to update your code and audit them? What are the biggest strengths of your security systems?
PearZap claims to have the ambition to reach the top 3 DEX rank on Polygon chain within the next 6 months … so it could be amazing if your community could make suggestions and contributions to make this happen, you can tell us in which ways they take into account the community proposals? Also, how can we support them in any way to become a top DEX? How long do you estimate it will take from today to get it?
Hello PearZap team. According to what I have read, along with the launch of the new PearZap DEX, there was also the launch of a new token. The JUIX token will be the main token within the PearZap DEX. So, will the PEAR token take a backseat or will it also have functions within the DEX? Will there be any relationship between both tokens? Will they share a common function? Will there be some mechanism where they mutually benefit? Will you keep the focus on both tokens equally or will you focus primarily on JUIX?Thank you!
According to your document (I don’t know when it was written) PearZap has the mission to be in the TOP 3 of Polygon’s DEX, this sounds very motivating but the reality is that every day there is more competition and many projects fail. To stand out you need an innovative product, a great community, great partnerships and a great investment in marketing. Do PearZap have these resources? How exactly do you plan to face the greats of Quickswap and Sushiswap?
For the purpose to hold crypto as well as connect to DeFi apps on Polygon users will need a wallet. PearZap is offering its users to download and use MetaMask, a very popular wallet that has established itself over the years. Could you specify why PearZap do not plan to add its personal wallet to enlarge ecosystem? Why have you chosen MetaMask? Can we already find PEAR available on MetaMask? Thank you!
While passing through your whitepaper we can notice multiple fees/taxes applied, however there’s no a specific pragraph to explain it at least in a nutshell. There’s a deposit fee when users enter the garden, transfer tax, bridge opening fee. Could you explain the purposes of each of them, the amounts of these fees, as well as the direction of collected funds? Can users make part in decision making process regarding the fees usage? Thank you!
Today, YieldFarm comes with a risk which is impermanent loss. This is usually not known by those who are beginners in crypto. With all the risks that surrounds yield farming, there can only be gain and loss. So how will the platform of PearZap help users to eliminate the risk of fund loss in their platforms? How can this drawback of yield farming in general to not be experienced by users in PearZap? What solutions do you have for this type of problems? Do you offer beginner tutorials or programs to help users maximize funds and lessen risks and loss?
Alot of reasons to choose pearzap like timelock developer and project fund addresses are protected by a hardware wallet from Ledger; Successful security audit before launch and the last one called my mention that you will “secure anti-whale and anti-bot features”. How do you want the long-term crypto investors to believe that you will get ride of anti-whale since there will be a Presale for large liquidities at launch where users/whales will have opportunity to control the price of your token anyhow. How do you wantto launch a FAIR PRESALE?
In the tokenomics of $PEARS token, the total supply capped to be 60,000,000 tokens which plan to supply more is not stated. Some other features and utilities of your tokens are AUTOMATIC HIGH BURN MECHANISM and MANUAL BURN MECHANISM. Most project do burn their token manually when needed, why have you implemented automatic burning. What is the difference or essence of the two Mechanisms in your project? By doing this, are you trying to bring full effect of AI into your project? Bringing in automatic burning means you have program some certain time to automatically burn, in the smart contract will there be a chance of making amendment if needed?
Your token is built on Polygon which is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks, the current price for a transaction on Polygon (Matic) is $0.000076897 even with 10000 transactions. According to your roadmap, you still have it in plan to integrate ETH2.0 in 2022 which its gas fee is not affordable, what is the essence of doing so? It has been going viral on internet that PearZap is going to deploy soon on BSC since May 2021, when exactly do you want to carry out this operation?
$PEAR has a total capped maximum supply of 60,000,000 tokens which is actually a high supply. $PEAR also has an automatic burning mechanism but my question is how often do you burn tokens? Aside from this mechanism, how can you lower the supply further and increase the token value? Since one of $PEAR’s utilities is anti-whale system, how much of the total token supply can users hold?
PearZap has laid out a serious and transparent roadmap which is impressive since a project has a track of goals to accomplish. However, how confident is PearZap that you can achieve everything and every item in your roadmap within the specific time alloted for the plan? How will you stay sustainable while you reach all the goals that you want to achieve for a specific quarter? How can you maintain support from your users and the community?
You make provisions for the community to be able to provide liquidity with PEARS tokens and others like PEAR-WMATIC; PEAR-WBNB even you posted it last week that we can stake $PEAR to earn $GOLDCOIN but Recently, you plan to launch $JUIX token on polygon on the 24th of November and you also notify that $PEAR pools/farms will be terminated and will be sent to the inactive tab immediately you launches $JUIX tokens, I want to ask will you abandon $PEAR token totally when you launch $JUIX? What will happen to the staked $PEAR and liquidity that has been provided with $PEAR token during that time? What will be the effect of $JIUX in your project? Can you give more explanation to this so that investor will not be panic about their assets? Then what is delaying your DEX launching since this project has been Audited?
By 2022 PearZap plans to integrate xDai, Fantom and Heco with the release of $ xPEAR, $ fPEAR and $ hPEAR to reflect $ PEAR in each of the chains, respectively? But for what month of the year 2022 do you plan to integrate xDai, Fantom and Heco into PearZap? What is the functionality of the PEAR token and how is the relationship between each of these tokens and its main token? Can you explain how these tokens work in PearZap?
A while ago the team decided to reward all of the loyal PearZappers with an awesome referral bonus boost. At that time, the 1% referral bonus was increased to a stunning 5%. That was a wonderful idea. That was a few months ago and you commented that it would only last a month. Are you planning to do something like this again soon to incentivize and reward the PearZap community? How was the feedback obtained from your community after this announcement?
There is a section of games on your website that seem to be no more than lotteries with different risks to take, can you tell us what does the algorithm of these games fair and safe? Also, could you explain the implications that game smart-contracts are excluded from $ PEAR token transfer tax?
I was looking at your feature for token holders redistribution “The Garden” but I really didn’t understand how much can the user receive by doing things right for a ling period of time, could you clarify what’s the earnings percentage per farming pool? How long can a Garden last?
From January to March 2022, Pearzap will have a Multichain NFT Marketplace platform: the very first and only Multichain NFT Marketplace in the DeFi area. So, could you tell us more about it? What are the benefits of the Multichain NFT Marketplace? You stated that it is the very first and unique Multichain in the DeFi sector; could you tell us how it will be a unique NFT Marketplace place? What can we expect from it?
The referral earning scheme is one of Pearzap’s features. So I’m curious about your referral method. What is the total number of refferal levels that you have? What are the benefits of referring someone to Pearzap? Do referees and referrers both have advantages?
Going through your official biweekly report, Pearzap has notably achieved a lot with partnerships, new Pools and Garden deployment, promotions and Gleam campaigns, release and deployment of Pear Spinner on Polygon, Fantom and BSC networks, and many more. In the mist of all these, I noticed that Pearzap made slight alterations with the removal of some staking pools on the Polygon DApp and closure of your bridge. Therefore, can you tentatively shed some light on these and many more, how has Pearzap been able to effectively manage these achievements and more, and what are the reasons behind the subsequent removal of some staking pools and bridge closure? Finally, what we expect from Pearzap in the coming weeks and months?
It is stated on your roadmap that during the months of October to December 2021, Pearzap will launch its Gambling ZapCentre (GZP). Can you kindly brief us on the current progress with this, how will the GZP function and worth sort of games and activities will be made available? Also there are concerted plans to launch your first NFT collections within this quater. May we know what to expect from this event, and what will be the possible dates to this launch?
The most anticipate feature for bullish moment most consider by team and fans is dex on pearzap but first introduce on polygon chain.Does it affect other chain bullish price or stagnant until the other chain dex?
According to your roadmap, you have plans to upgrade the products with new more exciting features from the next year. If the community can get to know some details about those features, it will help them to have a better understanding on the future of Pearzap. Thus, can you separately explain your recent plans and longterm plans to introduce new features? Will there be new investment opportunities? How do those features contribute to the success of your project?
Pearzap team is working hard to complete the roadmap and also bring new partnerships.Did you have any new ideas to compete over other dex for long term apart from locking and juicy apr because other dex have completed your roadmap?
It caught my attention that you have an ambition to reach top 3 DEX rank on Polygon chain within the next 6 months. Although this will be an amazing news for your community, it is not an easy task. What is your current rank? What are your plans to reach a top rank? Six months is not a longer period of time. What have you already done to achieve this goal?
I hope to know more details about your referral program. You have mentioned that users get 5% from the earnings of each referral. When calculating rewards, what do you consider as “earnings” of referrals? Can we separately see our own rewards and referral rewards? Moreover, there may be users who try to misuse this system by creating multiple accounts. Do you have a proper mechanism to prevent those activities?
How will you improve the usability in the Polygon network so that the user has a better experience? How important is the community to your project? Explain to us what are the marketing strategies and functions that you will be using on the platform, to bring more users to the project? to get to know and join the main Polygon network through the PearZap project?
I found out that $PEAR tokens will have two kinds of burning mechanisms which are the automatic and manual burning in which you will automatically high burn mechanism and you also have
manual burn mechanism on special events and when needed. So,why do you have this two kinds of burning mechanisms? Why do you need to burn manually with special events if your already have automatic burning applied in your platform? Can you state what are those special events that can lead to manual burning of tokens? What are the advantages and great impacts that this two burning mechanisms will bring to Pearzap network especially to the value of $PEAR token in the market? Thank you
Dex is coming on nov-18 and according to your roadmap multi chain bridge is soon but which token do you list only native token or native with limited token?
I learned that 3 days ago Pearzap deployed an NFT farm in Wizard BSC Dapp in which we have to stake $PEAR and earn an amazing NFT. So,NFT farming is not so common to some platforms so could you explain more about the mechanics of this NFT Farming? What kind of amazing NFT we can get while staking $PEAR in Wizard BSC? Why do you choose to launch your NFT farming in Wizard BSC and not in your own platform or other platforms? Any advantages you see with Wizard BSC especially in this NFT farming? What are the win-win benefits you share to each other with regards in NFT farming? Thank you