Here’s our 56th AMA recap!

Thank you to the Infinity Chain for participating in Ask Me Anything (AMA) with Fuguswap on March 21, 2021. This guest star,

  • Fugu Head Chef

Introduction

Fugu Head Chef,

I am Head chef a 28 year old crypto passionate, i have been involved in crypto since 2014 I used to mine doge and other crypto ever since.
since then I have always studied projects and tried to find their problems and fix them with sustainable mechanics:
I have a degree in Finance and worked in forex for a lot of time, I decided to quit the job an go full time in crypto right after the 2017 bubble !😅

Q1. Could you please give us a simple introduction of FuguSwap? What’s the motivation for starting build FuguSwap?

Fugu Head Chef,
well, Fuguswap is a decentralized self sustaining yield farming platform on the BSC net aiming to revolutionize the liquidity mining sector, punishing the sellers and rewarding the liquidity providers with unique mechanics.

Building many products that bsc net is lacking Fuguswap will offer its liquidity providers those products for free, most of the income generated with Fuguswap products will be used to buy back FUGU and burn it !!

Q2. What makes FuguSwap special? How is FuguSwap better than other platform?

Fugu Head Chef,
Fuguswap has unique mechanisms to keep supply of the token low and price high. Moreover we will implement many products free to use only for holders / liquidity providers

Q3. About the $FUGU token use case. How do you make sure it captures the value of the ecosystem you are building? how much supply is available? Any presale held by FuguSwap?

Fugu Head Chef,
we will captures a lot of investors, because many existin yield farming protocols don’t have any useful tokenomy to survive n the long term, also many products that bsc net is lacking will be buils hosted and available for free to holders /liquidity providers

2,000,000 have been minted and supply is not capped

presale is live and it will end in 6 days.
Feel free to join at
https://dxsale.app/app/pages/defipresale?saleID=38&chain=BSC

Q4. Regarding security and transparency, how can you assure us that your security is strong enough and transparency? Has FuguSwap been audited?

Fugu Head Chef,
yes, fuguswap contract has been audited you can find the file below

[ File : Fuguswap Audit.pdf ]
FuguSwap smart contracts have been audited and passed successfully !!
Give it a look !!

Q5. Can you please tell us the current FuguSwap road map? How far has FuguSwap been developed at this time? and what will you realize in the future?

Fugu Head Chef,
here you can find our roadmap. We are doing the presale in this moment which will end on March 27 and immediately after we will launch.

▶️ White paper ✅
▶️ Website ✅
▶️ Smart Contracts Publishing ✅
▶️ Token Contract deployment ✅
▶️ Private sale ✅
▶️ Smart Contracts deployment ✅
▶️ Smart Contracts Auditing✅
▶️ Back end and front end linking
▶️ Presale $FUGU
▶️ Listing $FUGU token on PancakeSwap
▶️ Token distribution
▶️ Farms open up
▶️ Lots more (games, dex, use cases, rare NFTs, etc..)

we have in mind many other projects to carry out such as lotteries and games..

TWITTER QUESTIONS

Q1. You mentioneed that Fugu liquidity provider will be provided fee for weekly but if I am to join how much fee will I suppose to receive? is it same for all liquidity providers or more fee rate for high amount of liquidity providers. also what trading pairs will be available?

Fugu Head Chef,
The dividends will be divided based on the share of the pool each farmer has

We will have a lot of pools since the beginning !!

Q2. Basically Fuguswap is a yield farming project, but do you have plan to create other feature about DEFI for example like lend & borrow or NFT since its popular?

Fugu Head Chef,
Yes we talked about this earlier, we are gonna have tons of products other than yield farming !!

Q3. I don’t usually join public sale if team is anonymous can you give some reasons why should I join Fuguswap public sale and what benefits would I gain from it?

Fugu Head Chef,
well public sale is held in dxsale.app platform wiìhich adds liquidity and instantly locks it

that’s what crypto is about man, anonimyty and trustless technology

you don’t need trust with true decentralization and sound smart contracts

you will benefit because you are getting a 50% discount !!

Q4. After the $ FUGU token launch day, will you list the token on information platforms such as CoinGeko and CoinMarketCap to provide users and investors with information about the token?

Fugu Head Chef,
yes, it will be listed everywhere

Q5. As we know, sometimes investors only care about the price of a token but not the product value of a project, how do you provide awareness about this to explain the functional value of your product so that investors understand about a product over the price token?

Fugu Head Chef,
well price will also go up thanks to the mechanics we implemented and we started marketing already.

we will continue to do marketing and add use cases and products in the fuguswap ecosystem

let Pancake know we are coming !!

TELEGRAM QUESTIONS

Q1. From @sishirkobita

Your project has great features. There must be an experienced team behind. Can you tell some about your team and their experiences in the market?

Fugu Head Chef,
1)Team members are one of the core pillars of the project. FuguSwap team is one of the hardest working and honest Team in the Binance Smart Chain, we all have crypto background and @fuguheadchef and @fuguchef have developed many other projects on the eth chain.

Q2. From @webalkhan5

How important is the community to Your project? and how can we collaborate or help share token for the development of the project?

Fugu Head Chef,
2) community is the most important thing for Fuguswap. A lot of crucials decisions has been choosen togheter with the community

Q3. From @Baadshah1000

What is the most ambitious goal of the project? I would appreciate it if you could share with us any upcoming updates? What should the community look for?

Fugu Head Chef,
to compete with pancake in this market😅
we are having our presale right now, any updates will come after it

Q4. From @optionalsubjectt

Kindly explain more about your Tokenomics, Release Schedule and UTILITY, is it inflationary or deflationary?

Fugu Head Chef,
of course,you can find it here
https://drive.google.com/file/d/16fteDkOo3vrCAM3j4UG7fyFsOUgGum4l/view

Fuguswap is a deflationary farming platform

Q5. From @afisuicide

TOTAL PRIVATE SALE IS ONLY 200.000 $FUGU, What is the reason for reducing the private sale token amount to such a lower value? Do you have any public sale in future also?

Fugu Head Chef,
5) yes,we successfully concluded the private sale a few days ago.
Now we have the presale which will end on March 27th.
it is true it is very ambitious as a project, but we are sure to be able to bring it to an end!

Thank you for trusting Infinity Chain as the organizer of the event today, hopefully everyone can understand about FuguSwap.

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