Pandora AMA Recap

Q1 - First of all, please introduce yourself with us. How and when you started? What is your role in PANDORA?

Emma Heidi:
Hi, I'm Emma from Pandora CM's department. I'm working on marketing and communities. I've been working on Blockchain industry for several years.

After a long time of using conventional DEX, we discovered that it may be pretty monotonous and difficult to use at times.
As a result, we decided to launch PANDORA in order to provide consumers and the community with an entirely new experience.

2) Pandora uses a dual-token (PSR and PAN) model. What’s the purpose behind a DUAL-TOKEN system? Can you state the utilities of both PSR and PAN?

Emma Heidi:
Indeed, we are quite pleased to introduce the PDR dual token concept.

Pandora adopts the dual-token model that is both rewarding and deflationary. The reward token PAN is aimed at ensuring users are better incentivized for their participation in the protocol.

The governance token PSR has a relatively low total supply of 10 million tokens with a deflationary burning mechanism and anti-dumping tokenomics. The majority of total PSR supply is dedicated to community development (32%) and liquidity (10%), while another huge portion of its total supply is allocated to protocol development (15%) and ecosystem growth (15%).

Only 15% of the total PSR supply is set aside for the team behind the project. PSR tokenomics are well-designed with an anti-whale and anti-dumping mechanism that helps protect investors from heavy losses.

3) How can you ensure for us that holding your token is more beneficial in the long term? What is your plan to increase the demand and scarcity of your token?

Emma Heidi:
We are really certain that we will maximize users advantages.

The burning mechanism of $PSR ensures that as Pandora’s user base grows, fewer PSR tokens will exist in circulation, and the token will thus become scarcer and more valuable over time.

🚀Learn more about slots, DroidBots, PandoBoxes, and Pandora IDO Launchpad at: https://partner.pandora.digital/download/pandora-pitch-deck.pdf

4) What is the development direction of Pandora on decentralized finance?

Our team will be focusing on expanding Pandora’s ecosystem and optimizing PSR utility in order to increase the token’s scarcity even further.

In quarter 2, we will also be implementing our voting system as well as introducing an advanced lottery system along with an improved NFT marketplace.
And for quarter 3, we will be focusing on developing local communities in order for the project to reach a wider audience worldwide.

5) What is the release schedule of PSR?

Emma Heidi:
Pandora aims to have a fair launch of its governance token PSR, a mechanism specifically designed to avoid whales.
There is no presale of PSR. As mentioned previously, 42% of its total supply are dedicated to community development (marketing) and rewards (including 10% directly transferred to the jackpot pool as rewards) to keep Pandora in the eye of the community and the general public.

We will launch with 10% of the total supply of PSR permanently locked as liquidity on DEXes.
Ecosystem growth, protocol development, and partnership extension take up 30% of its total supply.
And finally, 3% are reserved for our upcoming public sale, making PSR a community-oriented token.
The PSR public sale is set to take place in mid-April and will be hosted on Pandora IDO Launchpad. There are up to 2400 slots available, with an allocation between $300 - 500 each!

Q1)Auditments security and privacy is the most important term in any project.we can say that they are the core of any project. Has Pandora been audited yet?

PeckShield has recently completed a rigorous audit on Pandora’s smart contracts, and we're happy to say that there were no critical issues found.

Let's see what PeckShield has to say about Pandora in its audit report:

📃Read up on PeckShield’s detailed smart contract audit report for the Pandora protocol:

https://github.com/peckshield/publications/blob/master/audit_reports/PeckShield-Audit-Report-Pandora-v1.0.pdf

Q2)ventures, Investors, Backer nd Partners play an important role in the development of the project. Do you have any strategic partnerships that are backing your project?

You are right. Partners are crucial to the success of our project. We are currently in pre-launch mode and looking for new partners who want to help the project get off the ground successfully and contribute their expertise towards our success.

We would love for you to consider becoming our new partner/backer. For more information regarding partnership, please visit https://partner.pandora.digital/.

Q3)Can you briefly tell us tokenomics of pandora project??

The governance token PSR has a relatively low total supply of 10 million tokens with a deflationary burning mechanism and anti-dumping tokenomics.

The majority of total PSR supply is dedicated to community development (32%) and liquidity (10%), while another huge portion of its total supply is allocated to protocol development (15%) and ecosystem growth (15%).

Only 15% of the total PSR supply is set aside for the team behind the project.
PSR tokenomics are well-designed with an anti-whale and anti-dumping mechanism that helps protect investors from heavy losses.

Q4)Can you list 1-3 killer features of this project that makes it ahead of its competitors.? What is the competitive advantage your project has that you feel most confident ABOUT..?

Pandora is a unique blockchain project with many distinctive features that set it apart from other DeFi projects in the fast-moving DeFi space.

Now, let’s explore each of these awesome aspects that together make up the Pandora protocol:

There’s a whole new world at Pandora for you to discover. You will be able to explore an uncharted space named PandoVerse, where new possibilities are endless. This decentralized, unparalleled universe is sure to boost your DeFi experience to a new level.

PandoVerse is brimming with hidden gems and magical PandoBoxes in every nook and cranny. It is also home to potent DroidBots…

Moreover, with Pandora, DeFi trading has become a rewarding and lucrative experience for all.

Our PandoMarket allows for the trading and auction of NFTs issued by Pandora and other partnered projects. ONLY on PANDORA, users are able to earn a share of the protocol’s revenues just by owning NFTs.

Q5)I am interested to invest in your project. When and where can I buy your tokens? Is it already listed exchanges?✅

Emma Heidi:
Pandora aims to have a fair launch of its governance token PSR, a mechanism specifically designed to avoid whales.

There is no presale of PSR. As mentioned previously, 42% of its total supply are dedicated to community development (marketing) and rewards (including 10% dirrectly transferred to the jackpot pool as rewards) to keep Pandora in the eye of the community and the general public.

The PSR public sale is set to take place in mid-April and will be hosted on Pandora IDO Launchpad. There are up to 2400 slots available, with an allocation between $300 - 500 each!

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store