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ValleySwap x Satoshi Club AMA Recap from the 15th of March

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from ValleySwap and our guest was . The AMA took place on the 15th of March

The AMA session was divided into 3 parts with a total crypto reward pool of $500

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Gold Rocket | Satoshi Club

Greetings, dear Satoshi Club community! We are pleased to announce AMA with ValleySwap

Pavel P

Hello Satoshi Club! Let us welcome our guest from Valley Swap — @valleyswap

ValleySwap (The best bot owner)

And i on behalf of ValleySwap team is delighted to be here guys

Pavel P

Welcome to Satoshi Club!

Gold Rocket | Satoshi Club

Hello and welcome to Satoshi club

Pavel P

How are you doing today?

ValleySwap (The best bot owner)

Hey, hola, halo!

I am alright, thanks. and you guys?

Gold Rocket | Satoshi Club

We are really excited about upcoming AMA with you

Pavel P

Excited to see you here with us! Pretty sure we’ll have a great AMA!

Pavel P

Let’s start!

ValleySwap (The best bot owner)

for sure. i am ready

Gold Rocket | Satoshi Club

Introduce yourself please. How did you get to be involved in crypto & ValleySwap

Gold Rocket | Satoshi Club

Tell us please about your position in ValleySwap

ValleySwap (The best bot owner)

ValleySwap is the team of 13 for now. Devs, marketing, mods. As for me, i am covering marketing+mods. I am involved in every banner you see throughout the internet, in every bad that appears with VS promotion. Together with my dev colleagues we decided to benefir from a growing and promising network — Oasis emerald

ValleySwap (The best bot owner)

Every team member has huge experience in his field of crypto

Gold Rocket | Satoshi Club

Is your team anonymous?

ValleySwap (The best bot owner)

the answer is yes for now

Gold Rocket | Satoshi Club

Tell us about the benefits of ValleySwap. How is it different from others?

Pavel P

That is a short response to one of our questions

Gold Rocket | Satoshi Club

the main thing is to be able to make cool stickers

ValleySwap (The best bot owner)

Mainly it’s different because of our team’s experience. we combined our devs skills with promotional skills of our marketing team and managed to attract lots of attention from users. Our AMM is a unique DEX with the launchpad. I hope tomorrow we announce our first ICO project, we really wanted to announce it last week, but we are waiting for the audit from our partners. Btw i can tell the name of the ICO project — gamery

Gold Rocket | Satoshi Club

Thanks for great introduction, we will have several questions selected for the Part 1. Ready to start?

ValleySwap (The best bot owner)

yes i am!

Pavel P

Q1 from Telegram user @thisistoyin

I understand that ValleySwap is a decentralized exchange on the Oasis Emerald paratime that includes features like liquidity farming, swap and IFO. And it was stated that Yield Farming allows users who provide liquidity to earn VS rewards by locking their LP tokens in a smart contract, could you Elaborate more on these? What is the lock period of staked VS in your LP? How is these proposed Rewards Distributed? Is there a guide to which Beginners could easily relate to in other for them to Provide Liquidity And also Learn about it? Can you also chip in about Details regarding your Gas Fees with regards to Yield Farm And Swapping of Tokens within the Oasis emerald paratime? Thank you”

ValleySwap (The best bot owner)

Thanks! There is no vesting, there is no lockup. We’ve collected most details on our gitbook — docs.valleyswap.com. gas fees on oasis emerald are extremely low! that’s what will benefit most users that accept our AMM and launchpad in long term!

ValleySwap (The best bot owner)

Gold Rocket | Satoshi Club

Thanks for sharing

Pavel P

Satoshiclubbers — please join the gitbook to know more — docs.valleyswap.com

Gold Rocket | Satoshi Club

Do you want to add something or can we proceed to the next question?

ValleySwap (The best bot owner)

actually the question is too long, but the answer is simple, i’ve provided it

Pavel P

Let’s see the next question now!

Pavel P

Q2 from Telegram user @victorogb

Going through your tokenomics information and trying to understand the economics around your native $VS tokens, I discovered that you will allocate an initial supply of 2 million $VS tokens, where approximately 500,000 $VS will be burnt. Firstly, can you briefly explain the rationale behind the initial 2 million $VS tokens? Also, over time how much more tokens will be released, and what will be the tentative total supply of $VS? Finally, can you briefly outline some of the economic and platform utilities of your native token, what sort of operations, rewards and benefits do they give the user?

ValleySwap (The best bot owner)

The supply of VS token is not limited. As we offered, currently we provide burns with 100% of AMM earnings and our arb bots earnings, but we will come out with an automatic burn mechanics before the end of the year.

As for VS token itself, we will provide more utilites for it:

1) our ICO projects will have VS pools with nice APRs

2) After we conduct first 10 ICOs we will start a new ICO mechanics that will include VS token in it

3) We are working on adding VS token to a respected CEX

and we are working on ValleySwap promo 24/7!

Gold Rocket | Satoshi Club

Well… really ambitious plans…

Gold Rocket | Satoshi Club

Тhanks for your great answers

ValleySwap (The best bot owner)

we are also listing ValleySwap dex on cmc, so the volumes will be tracked there. hopefully soon

Pavel P

Where will the users be able to buy VS token? Which DEXes?

ValleySwap (The best bot owner)

Currently get VS on our DEX!

https://valleyswap.com!

https://dex.valleyswap.com/#/swap?outputCurrency=0xBC033203796CC2C8C543a5aAe93a9a643320433D

Pavel P

Perfect! Everything is concentrated in one place!

Gold Rocket | Satoshi Club

Sounds great

Pavel P

Ready to proceed to the next question?

ValleySwap (The best bot owner)

yes ser

Pavel P

Q3 from Telegram user @Anne_Tim

One of the features that support decentralized trading offered by ValleySwap is Initial Farm Offerings (IFOs). An Initial Farm Offering is an event that allows users to purchase new tokens from new projects. What common features does it have with launchpads? You also say that this offer is limited in time and the number of coins available for purchase. So, what are the main requirements for participation and amount of distributed tokens? Does it depend on the amount of ValleySwap token held? Thank you!

ValleySwap (The best bot owner)

Well mainly projects’ founders take over the rules for their ICOs. We mainly focus on correct and healthy tokenomics, contract audit made before the ICO start.

And we won’t charge any project any fees for the first 10 ICOs at our launchpad!

Pavel P

Do you already have a schedule for upcoming ICOs?

ValleySwap (The best bot owner)

Oh man, i am having some hard time with it. We ought to start an ICO for the project called gamery this week. We are waiting for their contracts to be audited before ICO starts.

Gold Rocket | Satoshi Club

Of course safety first

Pavel P

I see! In any case, I’m pretty sure it’s a question of time now

Gold Rocket | Satoshi Club

Indeed

Thanks for your great answers

ValleySwap (The best bot owner)

yes it is

Gold Rocket | Satoshi Club

Ready to proceed to the next question?

ValleySwap (The best bot owner)

i will do my best to start it within 1–2 days

yes

Pavel P

Q4 from Telegram user @ghostofcharmeleon

Hello, ValleySwap team.

After studying your project, I wanted to try it in action. Unfortunately I don’t use CEX platforms. Please tell me how I can migrate my stems to buy native toxin $VS from third-party networks? How many commissions will I have to pay and how difficult will it be to transfer them from, say, BNB chain?

ValleySwap (The best bot owner)

we are the DEX for the moment! VS token is the native token of DEX!

our DEX operates on oasis emerald paratime — EVM comaptible network. and to be able to bridge some funds to it you can use our official bridge partner — EVODeFi bridge

they operate within 15 networks (like BNBchain, Polygon, avax, cronos, ethereum, solana, tron, fantom, moonriver, gnosis, etc…) and they charge 0% fee for bridging to Oasis!

they charge 0.1% for bridging from Oasis

Gold Rocket | Satoshi Club

By the way, what guided you in choosing an oasis emerald

Gold Rocket | Satoshi Club

Oops

Gold Rocket | Satoshi Club

you answered my question

Thanks

Indeed, the benefits are obvious!

Ready for the next question?

ValleySwap (The best bot owner)

yeah

Pavel P

Q5 from Telegram user @jameslekan664

It is interesting to have found out that there is no form of Sign Up or KYC on the Valley swap platform as a user can just connect his/her wallet and begin to trade. I’m quite confused as to tagging this as either an advantage or disadvantage. Don’t you think this may pose some disadvantages as bad actors may use this opportunity to launder illicit funds?.. What security strategies does your platform then has on ground to cover up for the vacant KYC/SignUp process? How will you ensure that investors/users funds are protected?

ValleySwap (The best bot owner)

frankly, i don’t get the sense of the question. what kyc does he want in our defi world? as for our contracts — those are audited by tier1 audit company Paladin. Our AMM contract is also being audited right now, and Paladin will come out with the review within 1–2 days. If speaking aboyt our launchpad, we will require audits

Pavel P

So, everything is much easier here! Wait for the audits to confirm ValleySwap is 100% and TRADE!

ValleySwap (The best bot owner)

our usera have been trading for the month already

and they are happy with their experience

Pavel P

Great! One more prove that the community should not waste their time!

ValleySwap (The best bot owner)

we are a DEX — decentralised exchange

Pavel P

Perfect! Let’s see the last question of part 1 now!

ValleySwap (The best bot owner)

let’s do that guys

Pavel P

Q6 from Telegram user @highpee

Your token started with an initial supply of 2,000,000. However, it is an inflationary designed token with an emission rate of 10 $VS/block. Why do you prefer this type of token design rather than a token structure with a maximum supply? In addition, you said that you will use AMM fees and arbitrage bot’s earnings for buyback and burn. How do you use arbitrage bot for earning and how frequent will your buyback and burn event be carried out?

ValleySwap (The best bot owner)

i’ve already covered some of that question, but i will give more details for sure! for the moment all funds earned from either amm fees or arb bot earnings are collected for buybacks. after we buyback we burn tokens. usually a burn is planned once a week before we develop automatic burn mechanics

Gold Rocket | Satoshi Club

this is wonderful. share with us your useful links to social networks before we open a chat

ValleySwap (The best bot owner)

momento

https://t.me/valleyswap_chat that’s our cool chat

https://twitter.com/ValleySwap our incredible twitter

Pavel P

Satoshiclubbers, please join ValleySwap if it has not been done yet!

ValleySwap (The best bot owner)

https://discord.com/invite/bChB2Vs9SU our sweet discord

Gold Rocket | Satoshi Club

Is this contest alive

Gold Rocket | Satoshi Club

‼️Don’t forget about our CONTEST, it will be over very soon: https://giv.gg/valleyswap

ValleySwap (The best bot owner)

yep, it’s live till march 20

let’s start some new questions from the audience!

Gold Rocket | Satoshi Club

Don’t miss great opportunity Satoshi club

Pavel P

Sure thing!

Pavel P

Get ready for the storm of LIVE questions!

Pavel P

We will open chat for 120 sec only

Once we close it back please choose 10 questions to answer

Part 2 — live questions from the Telegram community

Q1 from Telegram user @highpee

Can you explain the issue surrounding your project use of EvoDeFi and some issues that has been raised as it concern an EOA address having access to asset stored in this contract? Is there any relationship ason to be worried or are this just handiwork of fudders or detractors?

ValleySwap (The best bot owner)

Hi! Thanks for reaching our. As i tried to explain lots of times, we picked evodefi as one of the top bridges for stables/btc/eth. Their owners have passed rugdoc KYC (rugdoc.io is a very trustable source for defi world). And all funds on evodefi are completely SAFU

Q2 from Telegram user @Meta_ji

There are many Launchpads available in crypto market right now, so why projects should choose ValleySwap to launch their token?What’s the Main Benefit?

ValleySwap (The best bot owner)

The answer is simple: it’s the top OASIS launchpad for the moment. and we will keep developing and promoting our launchpad.

Q3 from Telegram user @Rozielyna

What is this contest all about?
How can I Join the ongoing Contest?

ValleySwap (The best bot owner)

Hey! Join here https://givelab.com/valleyswap/valleyswap-launchpad-contest ! it’s very easy, follow the steps please!

Q4 from Telegram user @itzabhi69

Do you still have plans to list on Gate io or are you trying to get listed on other CEX? If yes Can you name the exchange if possible? How you are planning to expand your ecosystem? What are you doing to gain your audience to support you?

ValleySwap (The best bot owner)

Hey. yes, i am trying. i am also supposing mexc.

Q5 from Telegram user @hridoybosss1

Do you have Whitepaper if yes, please share it with as secondly do you have plans for pre-sale? Now where can we Join it?

ValleySwap (The best bot owner)

our whitepaper is our docs. please join https://docs.evodefi.com! and we’ve been running for a month already, we are not presaling VS token! Go to https://dex.valleyswap.com/#/swap?outputCurrency=0xBC033203796CC2C8C543a5aAe93a9a643320433D for it!

Q6 from Telegram user @Rozielyna

Will Holders of the $VS token Participate in Governance and voting on ValleySwap Platform?

ValleySwap (The best bot owner)

Hi! YEah! We have that planned for Q3 2022. We will update our docs concerning more details of governance.

Q7 from Telegram user @messilolz

Do you have any plan to be public in the near future? Will you stay anonymous for forever?? Is there any possibility of doing voice chat with you?

ValleySwap (The best bot owner)

We’ll think over a voice chat, why not? we will stay anonymous for a while, but a voice chat can definitely be held. for example, a voice community ama. let’s keep it in mind!

Q8 from Telegram user @RahulAmbani5

Why did you Choose Oasis network to develop ValleySwap? What unique features did you find on Oasis network that made you choose that?

ValleySwap (The best bot owner)

Hi! Oasis will explode this year. and we together with our coomunity wNT to be among the early comers!!!

Q9 from Telegram user @Gemshunter22

It is very risky to trust on anonymous team project where many project rug pull and scams. How can investor be sure project is safe for investment? What has your project done to make it safe and legit to gain investor trust?

ValleySwap (The best bot owner)

i will just randomly pick the last 2. tier1 audit. that’s the answer to your question!

Q10 from Telegram user @Amalia_233

Would You Please tell me About the $VS Staking and Farming Pools , To Join the FARMING POOL and STAKING What I have to do and Tell me Some Staking benifts ?

ValleySwap (The best bot owner)

The best rewards are provided for staking our native token. But we have the great stable pool also! Just bridge your stables to get 30% APR!!!

Part 3 — Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/
Russian Telegram group: https://t.me/satoshi_club_ru/
Spanish Telegram group: https://t.me/satoshi_club_spanish/
Telegram Channel: https://t.me/satoshi_club_channel/
Twitter: https://twitter.com/realsatoshiclub/
Website: https://esatoshi.club/

Our partners:
Telegram — https://t.me/valleyswap_chat
Twitter- https://twitter.com/ValleySwap

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Join https://t.me/Satoshi_club for daily AMA’s with 500USD giveaway each. An educational community about crypto.

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