The AMA Room
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The AMA Room

ZeroSwap with Aayushi Jain and Gaurang Desai

Brief Information

ZeroSwap.io is a Multi-Chain, Zero-fee, On-chain Trading protocol with Liquidity Mining, DeFi Token Offering, and DEX Aggregation. The protocol will reward users every time they make an on-chain trade and provide liquidity to existing DEXes. All transactions would be Gasless with Zero Trade Fee.

Introduction AMA

Eric: Hi @a17jain and @iamgaurangdesai — How are you guys today? Where are u logging in from?

Aayushi: Hello to @ERCSU and to the Amazing Ama Room Community. I am here in himalayas on the top of India.

Eric: Wow. Got any good picture from there?

Aayushi:

Gaurang: Hello @ERCSU glad to be a part of The AMA Room and I am logging in from Southern Part of India.

Eric: WOAH!

Aayushi: This is river ganga in rishikesh.

Eric: So first, introduce yourselves to the community and tell us your role in the company.

Aayushi: This is the second I am here, and we got the opportunity to speak earlier as well. I have been in this industry since 2017, got to know about bitcoins when freelancing back in 2017. Right now building zeroswap, and solving couple of prominant DEX issues

Gaurang: I am Gaurang Desai, have been in the space since 2017, been a marketer for over 7+ year and now I handle Marketing at Zeroswap.

Aayushi: Today we would be talking about ZeeDO — ZeroSwap DEX Token Offering Platform. Earlier when can we cam live back in Nov, we spoke about the Zeroswap protocol.

Eric: a bit of a refresher first, what is Zeroswap?

Aayushi: What is ZeroSwap — Zeroswap is a multi-chain compatible decentralised exchange aggregator focused on making zero-fee transactions possible. We are aiming to make on-chain trading simple and easy, by providing access to multi-chains like ethereum, BSC, Polkadot under one roof. The core product is being designed to function gasless and focusing on aggregating liquidity from multiple protocols

One of the core utility of $ZEE is to reduce friction in fundraising using digital assets. In order to facilitate activity around this, we have been building an initial dex offering platform named ZeeDO. We are in the process of on-boarding multiple start-ups towards raising funds through ZeeDO. The dex offering platform itself will help platforms, onboard users, in a 100% transparent and fair manner.

Eric: Nice and its listed already, right? The price action was insane. So the first dapp to go live soon is ZeeDO. What is ZeeDO?

Aayushi: Yes the token is live and users can trade on Bitmax, MXC, Uniswap, and now on Binance Smart Chain based DEX — PancakeSwap.

ZeeDO — Zeroswap Dex Offering Platform, it is designed to do distribution of tokens on-chain, with 100% transparency and fairness.

Eric: Nice. Tell us about its key features.

Aayushi: well one of the core feature is transparency

There are many interesting features.

some of them are

Eric: Will it have no fees for the poolers or participants? How are allocations determined?

Aayushi: We will not charge any fee for participants. Allocations are determined by a ranodmizer.

Eric: Can you show us how it looks?

Aayushi: Yeah here you go

Eric: Wow. looks really tight. When will this be live?

Gaurang: It would live on 18th February 3 days to go.

Community AMA

Q: Why have you chosen the Binance Smart Chain as the prioritized blockchain (alongside with Ethereum) for the ZeroSwaps deployment? How will this combination of ETH and BSC actually be the solution for the problems of DeFi?

Aayushi: We have chosen BSC Because of this -

Q: The biggest issues that you must affront as DEX is the liquidity and the Volumen, so which are your mechanism at disposition to cover both aspects?

Aayushi: For liquidity, we are building an aggregator, we will pool in liquidity from all existing AMMs.

Q: Exchanges and crypto projects are organizing some campaigns to reach more users? Are you active in the campaign? Are there any ongoing campaigns on your platform?

Aayushi: Yes please follow our announcements channel, we provide all the details.

Q: In the world cryptocurrency competition, features are of the utmost importance to attract investors and the community! Can you provide a list of killer features that scare your competitors over your project?

Aayushi: Well features is not how it should be, what we think is solving problems for users. We are solving for on-chain problems like gas cost and trade fee

Q: ZeroSwap is a Multi-Chain protocol, that started with with ETH and Binance Smart Chain, Do you plan to add other blockchains like Polkadot or Tron?

Aayushi: We will definately add Polkastarter, and add more chains.

Q: Will it be possible to use trading bots like BotOcean on ZeroSwap? I understand that your protocol is a universal bot that ultimately connects different chains, but I would like to see something more familiar and easily customizable for the desired traders strategies.

Gaurang: Currently we arent allowing any bots at moment.

Q: I really liked the idea that ZeroSwap will be a Multi-Chain protocol, initially with Ethereum and Binance Smart Chain. What decentralized finance tokens are you planning to add?

Aayushi: We will top blue chip tokens as per the volume, and then later add as per the community requirements.

Closing Remarks

Aayushi: @ERCSU I think we have answered enough questions.

Eric: Alright! Please invite the community where to track the new about ZEEDO and ZEROSWAP

Aayushi: Thanks all of you for showing great interest.

Eric: Looking forward to the first IDO of ZEEDO.

Aayushi: Yeah, we will soon be launcing staking of $ZEE to pariticipate on ZeeDO, and then the platform itself for the users.

To join in on the discussion feel free to join our group @amaroom

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