HoustonSwap x Eternal Finance IDO kick-off AMA recap

Eric | Eternal Finance
Eternal Finance
Published in
3 min readFeb 23, 2023

HoustonSwap and Eternal Finance are celebrating the partnership and the start of the IDO carnival with an AMA.

We were honored to be the guest speakers for the AMA on 23 Feb 2023. HoustonSwap allowed us to answer questions the community was dying to ask on their Twitter Space.

It was a fun AMA session, and the number of questions submitted by the community was overwhelming. Unfortunately, we couldn’t address all the questions asked by the community.

Therefore, we have decided to answer a few more questions here!

Here’s the recap on AMA, just in case you missed it!

Full Audio:

https://twitter.com/houston_swap/status/1628702149139128322?s=20

Wildcard AMA Questions

Q1: is it better to participate with several wallets or one?

It is better to participate with one wallet as you may have to gas fees for multiple transactions. Also, there will be a Bonus for users who have been active in our community. But of course, everyone has their preference and may want multiple wallets to avoid losing everything in a single wallet.

Q2: What makes you confident about the IDO when the market seems unstable?

The product we have built is unique, and I believe in the team helping to build the product as we will implement more features shortly. We wholeheartedly believe in our community and take their feedback to improve our product. Our marketing team and partners are working together to execute a brilliant marketing strategy to have a successful IDO.

Q3: Does Eternal Finance have a product yet?

Yes, we currently have DApp with various liquidity pools (including PancakeSwap pools) that allow users to leverage yield farm, yield farm with Pseudo Market-Neutral Strategy, and lend.

Q4: What plans does Eternal Finance have to educate the community and raise awareness to make it easier for more people to understand?

That is a great question! The product and marketing teams are working closely to publish content. We have our content schedule planned out we will be pushing it out right after our IDO.
For example:

  • Educational videos
  • Educational articles
  • Graphics
  • AMAs & Partnerships

*Check out our previous Medium article for yield farming tutorial — Here

Q5: Is there a minimum amount of tokens I can pledge?

No minimum amount of tokens you have to pledge. But it’s best to have sufficient funds to cover the gas fees. We will have multiple special events during the IDO. The special events may require you to purchase a minimum amount of tokens to enjoy the rewards and perks throughout the IDO timeframe.

We have lined up a handful of AMA sessions for anyone who is interested and wants to listen.

Here is the list of all-star AMA sessions:

🗓 24/02 — VJ x Eternal Finance

🗓 25/02 — Bruh Bear x Hippo x Eternal Finance

🗓 27/02 — Kana Lab x Eternal Finance

About Eternal Finance

Eternal Finance is revolutionising the DeFi space with a one-of-a-kind portal that links VAMPIRES seeking safe and attractive APY with SORCERERS looking to maximize their returns with leverage and alpha.

Vampire playgrounds 🛝

🧛🏻‍♂️ Eternal Finance | 🧛🏻‍♂️ Twitter | 🧛🏻‍♂️ Discord | 🧛🏻‍♂️ Blog | 🧛🏻‍♂️ Docs

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Eric | Eternal Finance
Eternal Finance

Eternal Finance is the First Automated and Leveraged Yield Farming Protocol built for PancakeSwap.