<\/p>\n\n\n\n
Hello,\nSatoshi clubbers! Another AMA took place in Satoshi Club and we would like to\nintroduce to you the AMA session with our friends from Duke and our guests were\n@dontoshi1 @RL789. The AMA took place on 7 June.<\/p>\n\n\n\n
The\nAMA session was divided into 3 parts with a total crypto reward pool of 500$ <\/p>\n\n\n\n
In\nthis AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n
Gold Rocket | Satoshi Club:<\/strong> Hello again, dear Satoshi Club community! We\nconclude our today’s AMA marathon series with Duke. Today our guests are @dontoshi1 @RL789 !<\/p>\n\n\n\n Hello and welcome to\nSatoshi Club, @dontoshi1 @RL789!<\/p>\n\n\n\n REHAN:<\/strong>\nHello<\/p>\n\n\n\n Glad to be here<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> [ 🤗 Sticker ]<\/p>\n\n\n\n REHAN:<\/strong>\nHope everyone is doing well<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> How are you doing?😊<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Yes we are😃 So excited for this AMA session.<\/p>\n\n\n\n REHAN:<\/strong>\nTired but cant complain. Work first \ud83d\ude42<\/p>\n\n\n\n Hi Andres<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Strong crypto people😁💪<\/p>\n\n\n\n REHAN:<\/strong>\ngracias<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Hello REHAN, nice to meet you<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Thanks again for joining😊<\/p>\n\n\n\n REHAN:<\/strong>\nLikewise<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Let’s start!<\/p>\n\n\n\n Introduce yourself\nplease. How did you get to be involved in crypto & Duke?<\/p>\n\n\n\n Tell us please about\nyour position Duke?<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Gracias a ti😁<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Oh! do you guys know each other? 😻<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> No haha, I would like👍<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> then there is a great excuse to meet❤️😉<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> For sure, is great to have important personalities\nwith us<\/p>\n\n\n\n REHAN:<\/strong>\nWell I first found out about Bitcoin back in 2014. But back then my country\nmade it illegal to hold btc or any crypto so I didnt buy any. Tried mining some\ncoins but didnt have the proper equipment of gpus for that. With my business\ntaking most of my time I put crypto on hold and went about my work. Things change in 2017 and like most of us I\nfomoed into lots of coins at high prices. 2018 came and with it bear market.\nBut I was hooked. Didnt make any money, well lost a lot of money but started\neducating myself and learning about different projects and blockchains and\ncrypto related technology. I traded forex and commodities since 2006 so it is\nwas not really difficult. I am the\nStrategic Advisor for Duke as well FastSwap. But more than an advisor I am full\ntime in it over the last 9 months or so. Like the Tokenomics and pools rewards\nare done by me as well<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> thank you very much for sharing😊🙏<\/p>\n\n\n\n these stories are\npriceless!<\/p>\n\n\n\n REHAN:<\/strong>\nbtw to everyone following, @dontoshi1 is the founder of FastSwap & Duke<\/p>\n\n\n\n blessed<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> What is the essence of Duke?<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Thanks for the history, very interesting<\/p>\n\n\n\n REHAN:<\/strong>\nAs you know there are multiple meme tokens launching every day. With all due\nrespect to them apart from marketing there is nothing much else. Well not all,\nonce in a while, some gems do appear. However every meme token have amazing\ncommunity. They believe in it. We wanted Duke to be a meme token while having\nutility and sustainability beyond few weeks. Long term growth and usability is\nour main focus<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Also we\nwould like to know about your team. Who is on the project team core?<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Why did you choose DUKE INU as your name and\nsymbol?<\/p>\n\n\n\n REHAN:<\/strong>\nTo be unique. Duke. The name just stands out. From a brand perspective it is\namazing. And full credits to Dontoshi. He came up with it. It is a really good\nname<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> I agree with that, powerful name 😁<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> So, please tell us how is team conformed<\/p>\n\n\n\n After that we will\nproceed with our community questions🥳<\/p>\n\n\n\n REHAN:<\/strong>\nThere is Dontoshi & I. Suhail is our marketing head. We have two teams\nhandling different networks; Ethereum & Binance Smart Chain. We have 5 full time devs, UI\/UX team\n& marketing team. We are morphing\nthe two teams into one and hiring more devs. If anyone is a senior blockchain\ndev please send me your resume. We always have space for top devs. Team is spread\nout globally so lots of different time zones lol<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> A great opportunity to be have of a strong project.\nThanks for share it Rehan<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Time to go with our community questions.<\/p>\n\n\n\n Q1 from Telegram User @Jonahapagu<\/em><\/strong><\/p>\n\n\n\n In your\nTokenomics, 100 billion DUKE tokens which represents abut 10% of the total\nsupply was allocated as incentives to your Ecosystem products, 50 billion was\nallocated as incentives for dApps across chains.. So apart from the launchspot\nand Vaults what other products do you intend to build in your Ecosytem or will\nall the 100 Billion go for this two products, and apart from this two products\nwhat dApps do you have across chains that the 50 Billion allocation will be\nused for<\/strong><\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Thanks for the introduction, we will have a\nquestion selected for the Part 1. ready to start?<\/p>\n\n\n\n REHAN:<\/strong>\nyep<\/p>\n\n\n\n REHAN:<\/strong>\nWe will have Yield farming, Staking, IDO Participation & Vaults (lending\nprotocol). 30% of the total supply will be used for liquidity incentives. 10%\nwill be used for incentives in our ecosystem such as monthly rewards to\nholders, stakers & FastSwap users. 5% for dapps is incentives to onboard\ndifferent projects<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> What is the APR for staking?<\/p>\n\n\n\n REHAN:<\/strong>\nDepends. Our first batch of pools will have 400% – 700%. At launch early\nfarmers will enjoy up to 1200%. Of course as all farms yield goes down the more\nholders have staked. But it will easily be above 400%<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Sounds great 👍<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Wow, high percentage, great opportunity for holders💪<\/p>\n\n\n\n REHAN:<\/strong>\nAbsolutely! Holders will be rewarded massively<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Thank for the answer, ready to proceed with the\nnext question?😃<\/p>\n\n\n\n REHAN:<\/strong>\nLet’s go<\/p>\n\n\n\n Q2 from Telegram User @antoni_azx<\/em><\/strong><\/p>\n\n\n\n You mention on your website a Vaults feature that\naims to help the users to manage and optimize their funds across procotols like\nAAVE, Compound, etc. What kind of optimization are you talking about and what\nare the benefits of using your feature and not other?<\/strong><\/p>\n\n\n\n REHAN:<\/strong>\nYes, we will build a protocol that will allow investors to manage and optimize\ntheir fund with the highest yield between Aave, compound and other protocols in\none dashboard through smart contract. Optimized to make money for you\neffortlessly through the best protocols every minute. On top of the yield you\nwill be earning there will be extra bonus of Duke<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> What are the ways to buy your token?<\/p>\n\n\n\n REHAN:<\/strong>\nYou can buy from FastSwap or Pancakeswap<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Please tell us more about extra bonus of Duke 😊<\/p>\n\n\n\n REHAN:<\/strong>\nWe will be rewarding holders that use our ecosystem products with Duke. Think\nof it as cherry on top haha<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> But it will be listed on more exchanges soon,\nright? Our next question talks about it, let’s proceed😁<\/p>\n\n\n\n REHAN:<\/strong>\nYes it will be!<\/p>\n\n\n\n Q3 from Telegram User @Asela1112<\/em><\/strong><\/p>\n\n\n\n $DUKE will be soon on FastSwap, Uniswap, pancakeswap\n& SushiSwap pools in future. So what are the pairs that can use for\nstaking? How do we paricipate in staking mechanism of Duke inu? Most of\nplatforms integrate mechanism which allow some percentage from transaction fee\nto the pools & locked for a specific time. Is there Autonomous mechanism,\nconventional for only Duke inu Inu platform? Which strategies will you launch\nto increase the liquidity without affecting on volatility of $DUKE?<\/strong><\/p>\n\n\n\n REHAN:<\/strong>\nWe have already designed the pools & rewards structure that we will be\nintroducing. Emissions will be in check while maintaining juicy APY. To begin\nwith we will be introducing 10 pools as the first batch. All farming will be\ndone on FastSwap (audited). All 10 pools will have Duke as base pair. You can\ncheck out https:\/\/fastswap.finance. Our farms have high APY, easy staking.\nThere will be no fees, no penalty for early withdrawal and no lock.<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> It is very tempting 😊👍<\/p>\n\n\n\n REHAN:<\/strong>\nI cant wait to share with the community. It is gonna be awesome<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Which was the results of the audit, any important\nproblem found?<\/p>\n\n\n\n REHAN:<\/strong>\nAll clear. We wouldn’t keep the farms live if there was any issues. Audit\nresults can be found on Solidity website<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Thank you very much for your answers! Ready for the\nnext question? 🚀<\/p>\n\n\n\n REHAN:<\/strong>\nSAFU<\/p>\n\n\n\n yes<\/p>\n\n\n\n Q4 from Telegram User @Brainchest<\/em><\/strong><\/p>\n\n\n\n You mentioned AAVE, Compound on the website. These\nare very serious players and I couldn\u2019t not ask a question.<\/strong><\/p>\n\n\n\n Are you planning to create a Vault for the\nLending\\Borrowing service in partnership with AAVE, Compound, e.t.c.?<\/strong><\/p>\n\n\n\n Please tell us more about how the bonus will be\ncredited in DUKE tokens.<\/strong><\/p>\n\n\n\n How will you manage the funds? Will you lend money,\nwhich we will transfer to farming?<\/strong><\/p>\n\n\n\n REHAN:<\/strong>\nOur lending and borrowing vaults will tap into open source which Aave and Comp\nprotocol is built on. So we don\u2019t need to partner with them to call functions\nfrom their protocols. Just like how YFI moves investors’ funds in between the\nprotocols based on the protocols with the best yields to maximize their\nearnings across all protocols. The advantage of this vault is that it will work\nfor you and make you money while you are sleeping<\/p>\n\n\n\n Vaults will be seperate\nfrom farms<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> This is a dream. Sleep and make money 😁<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>Yes, a great option for holders.<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Will you lend money, which we will transfer to\nfarming?<\/p>\n\n\n\n REHAN:<\/strong>\nHonestly once you are a farmer nothing else can beat it. Savings in banks are\nthings of the past. The future is only DeFi. There is private pool already\nstarted for banks and institutions on Aave. The future is limitless<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> I agree with that my friend, that’s the financial\nfuture.<\/p>\n\n\n\n Well, time to proceed\nwith the 5th question, would you like to add something before?<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Thank you very much for your answers and\nclarifications.😊<\/p>\n\n\n\n Let’s proceed to the\nnext question🚀<\/p>\n\n\n\n REHAN:<\/strong>\nsure<\/p>\n\n\n\n Q5 from Telegram User\n@andrey_seleznov<\/em><\/strong><\/p>\n\n\n\n Hi Duke! <\/strong><\/p>\n\n\n\n Duke is going to be available in multiple pools such\nas FastSwap, Uniswap, Pancakeswap, Sushiswap.. This implies that you will have\nboth BEP-20 and ERC-20 tokens in circulation. Will they have the same token\naddress in both bsc and eth chains? Are you going to expand to other layer1 or\nlayer 2 chains in the future to get a bigger exposure and increase user\nadoption? Thank you!<\/strong><\/p>\n\n\n\n REHAN:<\/strong>\nFastSwap is available on both Ethereum network as well as Binance smart chain.\nDuke already have liquidity on FastSwap & \nPancakeswap. The token address is the same. Duke for the immediate short\nterm will be on BSC while we are work on Polygon integration. L2 is something\nwe will be focusing on after we are live with LaunchSpot (IDO Participation).\nWe expect more bridges to be built to move tokens from one network to another.\nAlready few are doing a great job, like multichain.xyz<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> It seems great events are coming for Duke Inu,\ncould you share us your roadmap? What you consider is the major event coming\nfor Duke Inu into the second half of 2021?<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> it is quite obvious that the more cross-chain\nbridges, the more opportunities👍<\/p>\n\n\n\n REHAN:<\/strong>\nYield farming, staking, IDO Participation, Vault, L2. This is the roll out roadmap.\nWe are nearly done with LaunchSpot UI\/UX design and back end. Our target is\nearly Q3 for this. So it is around the corner. It helps to have a big talented\nteam. We can keep development on going without any obstacles<\/p>\n\n\n\n On top of this we are\nconstantly looking into ways to further develop our DEXes. Limit orders are\nnext for our DEX<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Congratulations, it sounds like a lot of hard job\nfor you. Don’t forget to share the announcements of your coming events with our\ncommunity<\/p>\n\n\n\n REHAN:<\/strong>\nThanks. And I will absolutely do that 😀<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Thanks for the clarification. Ready to go with the\nfinal question of this first part of the AMA?<\/p>\n\n\n\n REHAN:<\/strong>\nyes<\/p>\n\n\n\n Q6 from Telegram User @victorogb<\/em><\/strong><\/p>\n\n\n\n As a community driven meme token, DUKE should have\nsome form of community developed governance system, that allows the active\nparticipation and administration of the DUKE ecosystem. Though been fully\ndeveloped and supported by FastSwap, how will DUKE aim to be fully\ndecentralised and community driven, and what would be some of the unique\ngovernance privileges available to early adopters, community members and\nstrategic investors?<\/strong><\/p>\n\n\n\n REHAN:<\/strong>\nDuke is completely community owned and fully decentralised. If you look at our\nholders list you will see that top holders are holding less than 1% of total\nsupply. There was no presale, and it was\na fair launch. We posted the contract and launch time days in advance. Equal\nbuying opportunity for all. As for development, the team have a plan and\nroadmap that we are following. We want efficient execution. By managing the\ndevelopment and products roll out we are able to do that. It has been one week since we launched. In this\none week we have held 3 AMAs, confirmed 3 exchange listings (listed on one\nalready), grew by nearly 9000 diamond hand holders & did volume of\napproximate $30 million. We are in talks with 4 more exchanges (news soon) and\nwe have increased our marketing efforts. \nWe are just getting started. Imagine where Duke will be in one month\u2019s\ntime<\/p>\n\n\n\n Great job encouraging\nyour community. Btw, are you planning some community contests like meme\ncampaigns or airdrops?<\/p>\n\n\n\n REHAN:<\/strong>\nYes we will be<\/p>\n\n\n\n Let me clarify. No\nairdrops but contests. We have 4% of marketing budget. We must make sure we get\nthe most value out of it. Duke is earned not given for free<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club: <\/strong>That’s great, another great reason to be part of\nyour community. Please share with us the link to join your communities😁<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Thank you so much for these great answers and\nclarifications.<\/p>\n\n\n\n REHAN:<\/strong>\n@duketokencom @fastswapdex @dukechinese (We have an amazing and very supportive\nChinese community!)<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Now get ready for the most impressive part of our\nAMA! Live questions! It will be very powerful! 🚀<\/p>\n\n\n\n Part\n2 \u2014 live questions from the Telegram community<\/strong><\/p>\n\n\n\n Q1 from telegram username @messilolz<\/em><\/strong><\/p>\n\n\n\n @RL789 what exchange is the best to buy $DUKE\nfastswap or pancakeswap? Are the price same in both exchange? Please provide me\nthe link to buy or any plan to list on CEX too?<\/strong><\/p>\n\n\n\n REHAN:<\/strong>\nFastSwap. I am always going to recommend FastSwap first. The price is the same\non both exchanges<\/p>\n\n\n\n Q2 from telegram username @@ismu45<\/em><\/strong><\/p>\n\n\n\n Without proper capital and marketing infusion,any\nproject dies.How do you convince us that you have adequate capital and\nmarketing power to push your project to the top ?<\/strong><\/p>\n\n\n\n REHAN:<\/strong>\nWe bootstrapped the initial liquidity, development and marketing ourselves.\nDuke is developed by FastSwap. Check out fastswap.finance &\nfastswap.exchange. We have the team and the ecosystem to make sure Duke growth\nis long term<\/p>\n\n\n\n Q3 from telegram username @Antoni_azx<\/em><\/strong><\/p>\n\n\n\n In the last month I have lost count of how many meme\ntokens I have seen with meme dogs, could you tell me why I should buy DUKE and\nnot any other meme coin? What are the advantages of $ DUKE over the rest of the\ncoins?<\/strong><\/p>\n\n\n\n REHAN:<\/strong>\nIt is the first meme token with utility and underlying products. Look at what\nwe have achieved in one week. Can you say the same for any other meme token?<\/p>\n\n\n\n Q4 from telegram username @doithay1617<\/em><\/strong><\/p>\n\n\n\n @RL789 You\nsaid: “can buy from FastSwap or Pancakeswap”. Can I buy $DUKE in\nLBank Exchange? Or is it Fake?<\/strong><\/p>\n\n\n\n REHAN:<\/strong>\nYou can buy from LBank. 8 June we are live on XT & 9 June we are live on\nCoinsbit. We are aiming for more exchanges<\/p>\n\n\n\n Q5 from telegram username @Chinthaka93<\/em><\/strong><\/p>\n\n\n\n You have mentioned that \u201cWe have burnt 10%! of\nCirculating Supply\u201d this is a big amount relatively for burning, Is your token\nsupply fixed or unlimited? What is the token supply? Could you please share\nmore details with us? @dontoshi1 @RL789<\/strong><\/p>\n\n\n\n REHAN:<\/strong>\nSupply is fixed. Max supply 1,000,000,000,000. Circulating supply last week\nincluding marketing funds was 540,000,000,000. We have already burnt more than\n10% of circulating supply. Current csupply <490,000,000,000 \nhttps:\/\/www.bscscan.com\/token\/0xaee234825dc4687fae606485c1ebd06336052bcc?a=0x000000000000000000000000000000000000dead\n<\/p>\n\n\n\n Q6 from telegram username @Ratash97<\/em><\/strong><\/p>\n\n\n\n Can you explain to us the launchspot mechanism ?<\/strong><\/p>\n\n\n\n REHAN:<\/strong>\nSure. Stake Duke and participate in IDO on LaunchSpot. There will be different\ntiers and the lowest tier will have very low requirement. We want to give\nopportunity to as many holders as possible<\/p>\n\n\n\n Q7 \u00a0from telegram username @Eisen_7<\/em><\/strong><\/p>\n\n\n\n will the price on ETH and BSC be the same?<\/strong><\/p>\n\n\n\n REHAN:<\/strong>\nYes it will be<\/p>\n\n\n\n Q8 from telegram username @JasmineSha<\/em><\/strong><\/p>\n\n\n\n Hello @RL789<\/strong><\/p>\n\n\n\n What is the Highest APY in Duke? and for what pair?<\/strong><\/p>\n\n\n\n