š£ AMA RECAP WITH CDzExchangeš£
Hosted by :- Defi Astronauts
Date :- 27th july 2021
š£ INTRO ROUND š£
Host :- Welcome everyone to another Defi Astronauts AMA
We are joined today by CDz Exchange team. @MCLiquid @mcgas
On behalf of the Crypto Legend Club community, Iād like to welcome you to our humble groupš
MC Gas :- TIME TO TURN UPPPPPP LETS GOOOOOOOOOā½ļø
šøASTRONAUT SEASONšø
Host :- 1. Can you please introduce yourself to our community and your past experiences as well ?
MC Liquid :- Clearlyā¦ Iām the dopest of the all the DJs. I bring the hype and the party. In my non-avatar life I led projects in Asia and blockchain education initiatives. But that aināt nothinā compared to the rocket weāre building now šæšæšš
Over to you Gassssssss
MC Gas :- Did you know, that āGā in Gas stands for GIFTS? As in, we have a gift for you all to win some crypto? š
https://twitter.com/CDzExchange/status/1417521622878199815
In my non-avatar life Iām a parttime DJ and Iāve performed in 8 countries and I look forward to the future with crypto as a staple of it!!!!
Host :- Thanks for your introduction guyās.
So hereās my next question
2. What is CDzExchange and how you came up with the idea of it ?
MC Gas :- CDzExchange is the Most Liquid DEX for Crypto Derivatives (CDs) with the aim to bring accessiblity to the masses on trading crypto derivatives
We saw a problem and came up with the solution, the solution being a one-stop-super-shop of fixing 1) Slow transactions 2) High fees 3) poor user experience, tie that in with interoperability across blockchains and thus, CDzExchange was born š¶.
Host :- Thatās great š.
3. Can you tell us some main or unique features for CDzExchange which make it different from other projects?
MC Liquid :- The DeFi market has countless DEXs running on different blockchains. CDzExchangeās DEX is unique in that for one, it is leveraging limitless cross-chain liquidity to create more exposure in trading assets and transacting capital from one platform.
his means traders can trade crypto derivatives without the technical constraint of being limited to a single blockchain for accessing capital, assets and derivatives contracts. We are blockchain agnostic. Because weāre ballers!!! š¤
Second, as a decentralized crypto derivatives (CDs) exchange, traders can leverage up to 100x via margin trading. We are bringing the high leverage capacity only typically found on centralized exchanges to DEXs for a whole new decentralized CDs trading experience.
The best of centralized derivatives trading and decentralized CDs exchanges combined. Third, we are open to all kinds of CDs trading including perpetuals, futures, options and more. Weāre constantly expanding our roadmap and weād love to hear from the community on what other types of CDs are in demand! šæšæšæ
Host :- Cool !
4. What is pre ido launch pool in. CDzExchange ?
MC Gas :- We have launched our staking pool alongside our swap and liquidity farming pools! Itās designed to get CDZ in the hands of more users and spread the love!
https://app.cdz.exchange/launchpool
We recently crossed $1M TVL IN A WEEK!!! so things are moving fastš
Stake $CAKE, $BAKE, $DOGE as well as popular LP-tokens from PancakeSwap to earn $CDZ
All the DEFI ASTRONAUTSSSSSS can jump in right now as we speak šø
Host :- Thatās great so letās move to my next question
5. Can you tell us about the current and upcoming partnerships ?
MC Gas :- Our most recent announcement for our upcoming IDO is a partnership with PAID Ignition & Master Ventures, two huge players in the crypto space who will really be helping us take things to the next level. We also recently announced a partnership with DAOventures.
We also have DAOventures who will invest in the initial liquidity for the AMM at CDzExchangeās DEX and liquidity pool.
Liquidity providers (LPs) will be able to provide liquidity for the DVG-BNB pair and earn LP rewards generated from accrued trading fees. To top it up, CDzExchange will also launch a $DVG staking pool where users can stake $DVG to earn rewards in the form of $CDZ ā sweet and simple.
Host :- So hereās my last question for you guyās
6. What is the tokenomics and utilities of the $CDZ token in the whole ecosystem of CDzExchange ?
MC Gas :- Tokenomics as you asked:
Our Public Sale allocation is US$150,000
IDO Date: Q3 2021 on PAID Ignition. Whitelisting details TBA.
Total supply: 925,870,430 $CDZ
Ticker: $CDZ on Binance Smart Chain (BEP20) ā to be launched before IDO (be careful of any scams or fake $CDZ! We will publish the token contract ID when it officially launches)
For the tokenomics breakdown, we encourage you to check out this post: https://medium.com/cdzexchange/cdz-token-overview-f89e60ea901
š£ TWITTER ROUND š£
Host :- Hereās my first question from twitter post:-
As CDZExchange will be cross chain, and you are going to add more web3 wallet, according to your roadmap. Why not come up with your own wallet? Any thoughts on this?
MC Gas :- Yes, the plan is to add more, interoperability is not just with the blockchains, we aim to have as much cross-board intergration as possible.
We have a few highly used options for now and weāre looking into opening up and adding more.
Our own wallet is still in our ideas board but for execution purposes, we have set that to a medium priority tasks for now as we roll out a BUNCH of new features š
Host :- Hereās last question from twitter:-
CDzExchange solving the trilemma of slow transactions, Nd high feeses and bad user experience on todayās decentralized derivatives exchanges.We know that this also occurs in centralized exchanges, so how do they potentially differ from other DEXs by solving these characteristics?
MC Liquid :- Lowering fees should be a goal for everyone! It increases user satisfaction and lowers barriers to entry.
CDz.Exchange will be one of the first decentralised derivatives exchanges on the market with cross-chain operability. That is a huge competitive advantage for us against other DEXās. Other DEXās at the moment have low amounts of liquidity, lower multiplies for trading and higher barriers to entry for consumers.
Having cross chain liquidity pools means we can lower fees, increase liquidity and remove needless hurdles in the process of hopping between multiple blockchains. We are building a Derivatives DEX like no other!
š£COMMUNITY ROUND š£
Q1. Adoption is very important, how do you plan on getting CDzExchange Finance adopted by the outside world(people with no blockchain knowledge)?
MC Gas :- Hey Nhat, correct, it is, we know this!
The theme around DJs/music has allowed us to slowly seep into the real music world and industry so weāre looking forward to some intergration in that space. Imagine paying for Spotify with CDz, for example.
Apart from that, privacy will be huge this decade so with our aim of telling people that can privately trade on our DEX, it increases self-custody, another huge point with crypto and in the space
We have more but we reallllly canāt say at the moment, but please join our TG to understand and get the information first ā http://t.me/cdzexchange
Host :- Thanks for joining us today guyās š. It was a fun AMA.
Guyās join CDzExchange Telegram and Twitter for upcoming updates
Twitter :- https://twitter.com/cdzexchange?s=21
Telegram :- https://t.me/cdzexchange
again, head over there right now and start earning!!! https://app.cdz.exchange/launchpool
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