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Wolfonaire Chatbox : AMA With Paybswap (14th April, 2021)

Hello! Wolfonaire Family & Crypto Enthusiasts!

We recently hosted an AMA With Paybswap on 14th April, 2021 at 04.00 PM UTC. This session was phenomenal. If you have missed then here is the precious AMA transcript, for those who missed the live session this will enlighten you for sure…

Guest Speaker :

Mr. AQ | Growth Officer, Paybswap

(Note: This is the transcription of the event. Please note that the transcript was edited for comprehensibility and coherency, while the content was not changed.)

INTRODUCTION

AQ : You can call me AQ and I am here today with two other team members. We have a committed and dedicated team behind the PAYBSWAP project with years of experience in blockchain, security, finance, marketing,etc. We have 7 developers, 2 designers, 1 marketing manager, 1 product owner,1 strategist, 1 scrum master and a QA manager.

Wolf : Awesome 👌🆒️🙌….For our members who are not already familiar with the project, can you give us a very high-level overview of what paybswap is and what competitive edge it brings to the Crypto Universe?

Paybswap is a cross-chain automated market maker on Binance chain. Paybswap is a decentralized application running on the Binance Smart Chain, Polkadot and Ethereum blockchains.This makes us unique and apart from that, with the primary objective of bringing security, simplicity, user experience, privacy and global adoption to the DeFi ecosystem.We aim to be 100% transparent, reduce cost (Gas fee)

Wolf : How do holders of the #paybswap Token benefit in the ecosystem? qWhat power within your model do individuals hold? Why is it so attractive and what are the basic requirements to participate?

AQ : PAYB will be the governance token and would also be the driving force for our NFT marketplace. The holders are eligible to cast a vote regarding any major issues or decisions that affect the PAYBSWAP ecosystem. We believe that through this level playing ground of voting, it will bring fairness and equity to our dear community.
We intend to add more utilities in the nearest future.

Wolf : Appreciate That 👏….. Did you find any threats till yet like smartcontract failures.When we think about mass adoption,security should be our first priority.

AQ : No, we did not. It was audited by two independent audit companies.

Wolf : Have you met all your goals in the roadmap till now? And were there any difficulties that you didn’t expect and were not prepared for?

AQ : So far we have been able to meet our set goals till date and the team is working really hard to continue that way. We recently launched our staking app, which was part of our goals. There were few challenges but we are happy to say it didn’t affect our results.

Wolf : Good To Hear 👏… Can you please give us a short tutorial on how even a nontech guy can easily use and enjoy your platform?

AQ : We have taken our time to write a medium article that would easily help the nontech guys get acquainted with our platform, attached is the link: https://paybswap.medium.com/how-to-stake-paybswap-payb-token-934c557d1e07

Now Group Question & Answer Session Began

Q1. What are your plans for Africa considering the fact that Africa is becoming one of the biggest crypto currency market?

We have recently launched our Ambassadorial program, this will certainly help us reach out to regions like Africa and Asia. Kindly apply: https://twitter.com/paybswap/status/1381654807195365382

Q2. What’s the uniqueness of your project that can not be found in other project that’s been released so far?

Paybswap is a cross-chain automated market maker on Binance chain. Paybswap is a decentralized application running on the Binance Smart Chain, Polkadot and Ethereum blockchains.This makes us unique and apart from that, with the primary objective of bringing security, simplicity, user experience, privacy and global adoption to the DeFi ecosystem.We aim to be 100% transparent, reduce cost (Gas fee).

Q3. Token burn is important for investors, do you have any plan burn or buy pack?

We do not intend to keep unsold tokens for personal allocation. Therefore, all tokens not sold during public sales will be burnt permanently. As the ecosystem grows, in the future we can similarly bring this forward to our community for a vote, to see if and when we need additional token burn.

Q4. How can I buy your token ? Currently is it available on Exchanges?

Trading will be live after our IEO on P2PB2B and Probit .

Q5. Do the token holders have right to participate in the governance of the project? On what kind of decisions can they vote on about the project?

PAYB will be the governance token and would also be the driving force for our NFT marketplace. he holders are eligible to cast a vote regarding any major issues or decisions that affect the PAYBSWAP ecosystem. We believe that through this level playing ground of voting, it will bring fairness and equity to our dear community.

Q6. Smart contracts are vulnerable to bugs, and even recently three big new DeFi projects were victims of this, costing users funds. How efficient and secured is your smart contract, and did you ever audit it via any external party?

Our smart contract was audited by two independent audit companies.

Now the session ends with lots of thanks to our Guest Speaker…

Here are some important links of Paybswap⛓⛓

Website | Telegram | Twitter | Wolfonaire Family Chatbox | Wolf

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