Crypto Shrimp (AMA Host): On behalf of BSC News, its my pleasure to host the AMA for Absorber Finance team. @BitBlockchain, just to be sure it will be just you attending the AMA ?
Blockchain World: Yes Shrimp, only with me it's fine for now
Q1 Lets start with an introduction of the team and also whats their past experiences?
Blockchain World: The Absorber Protocol have a very unique start, the core team are left in the dust, it's a community takeover protocol, that got revived recently with the new migration, long story short, i use to be a normal trader on the old erc20 token, i got handed the keys one day since the core member Connor could not keep going on with the project because of personal needs.
Crypto Shrimp (AMA Host): thats a great deal to take over a project like this
Blockchain World,: Myself i'm a personal trader and crypto entushiast since 2017, one of the Oldest admins of Fat Pig Signals Group, one of the only few legit signals groups that survived through the years and become a success. Actually you can see a NFT of my own persona in the rarible website https://app.rarible.com/token/0x440f36dba0cc626a71af47a83d85846246ba3fb2:14:0xbce51ae3756aad4b85e9029386f4614ab593e84f
Check us out on Telegram: https://t.me/fatpigsignalstrollbox
I've been involved throughout the years with several personalities form the Crypto space Like Roger Ver, Ron Paul (which needs no introduction for most americans) Jeff Berwick, Jobby Weeks (personal friend). Because of the way it all started i am not ready to become a public personality as of now, since that brings lots of burden with pros and cons, building a public wanna be team as we speak, like a normal company would do, yet we are not a company, but need to function in such a fashion in mixture with the DeFi space and community decision taking, in order to prevent a short term drainage of the project
Q2 thats an interesting start, do tell us more about absorber finance and when did the project launch?
Blockchain World: https://bscscan.com/tx/0x0cb5056c858a2c0356c0ed38e1612feb0c4f8afe45302d2c533c98549bb76ac4 After careful investigation about the BSC space, and the flaws of Ethereum that had the project on the knees (aka gas fees) i took the decision to move on and this is the proof of the first major Action of Migration. The First Absorber Launch done by the old Core team, have been launched over 79 Days ago as stated here https://etherscan.io/tx/0x6c2e42a08295f8673ad2c2b4256d8f900274b0368023eebbae62e17c0e3fef03
Since past actions lead to present situation, through experience and observation of pros and cons of the original Passive Yield Farming concept of the Ethereum Absorber, i launched the New Absorber with a dynamic Hybrid Mechanism, mixing a classic Active Yield Farming with a Self Sustainable Long term Passive Yield Farming function, creating a harmonic in the protocol
All of this as obvious is visible to read by everyone within the smartcode
Q3 that brings me to whats the use case of $ABS?
Blockchain World: Absorber is a Financial Instrument aiming for mom n pop investors worldwide as a means of generating Passive Income in hardship situations like the ones caused by the Covid, we aim to be a Global Financial Bank, with the top notch usability and friendly interfaces in all the languages and currencies possible
Q4 what about the tokenomics of $ABS? is it unlimited supply or its deflationary?
Blockchain World: Max supply is 1,000,000 tokens, it will never be minted more than that, it's deflationary with a speed of 1% annually (approximately) We expect in 25 years to have the max supply around 750,000 ABS
Q5 How safe is the absorber protocol? any audits done etc?
Blockchain World: On 16th March Certik will finish Auditing our code, we believe the code is very safe, we passed through manual checks by many devs and public scrutiny over time, and hence our code is simple without additional files.
https://certik.org/projects/absorber
Crypto Shrimp (AMA Host): nice i think alot of public trust is build from having a certik audit nowadays, will that be a full audit or a light one?
Blockchain World: Full audit
Q6 So how is absorber able to pay for this audit, or how does the project makes money ? we have seen some project do presales, just to fund the audit and etc.. this is a common question that most will ask
Blockchain World: Absorber Protocol Works with Hybrid Mechanism, which the PYF function generatea wealth to any wallet included in the ecosystem gasless through time. Ethereum version Did a bad job in maintenance of funds and because of what seemed to be public hunger of moons and lambos they burned too many tokens too fast, we wont do that error. We have enough funds for development for the next 10 years considering the mechanics, and all development will be done with the least expense in mind, considering quality results for the money paid
Q7 what are the marketing strategy that are in place or upcoming?
Blockchain World: We are focusing on premium Listings across Digital Mediums like Opera.com which have over 350 million users monthly, and other BSC platform like Price bots, we do not agree to pay shillers, since we preffer to do things in a more realistic and healthy approach
Crypto Shrimp (AMA Host): nothing is more sustainable than organic growth in supporters and also the project quality itself
Blockchain World: We are looking to gift phisical goods like shirt, hoodies to Absorber Holders and ship them world-wide, this being only one of our marketing ideas
Q8 how can another project establish a partnership with Absorber ? do they stake on your platform? any plans like this ongoing?
Blockchain World: Yes but as a personal mouth taste i consider that to be a complex scam between projects pumping price without much fundamental in itself, anyone can do that and i suggest people to dive deeperer and see beyond the courtain of smoke, it became famous this kind of partnership promotions, we got invited in dozens of them, we are considering some that will have a positive stable impact for the long run, but as for generally speaking not a good concept how they are used lately in the crypto space
Crypto Shrimp (AMA Host): so are you saying you are not a fan of collaboration between projects?
Blockchain World: We received tons of suggestions as to add several functions like rewards for pair that doesnt benefit the ABS protocol, like BTC - BNB pair with ABS rewards
Crypto Shrimp (AMA Host): or what kind of collaboration will interest you more? do give us some concept that you have
Blockchain World: Not as its used lately, i believe in strong fundamental parnership that really have a reason to be done and not only be used for fashion like. For example a kind of partnership with a project that can mix its ecosystem functions with our, in such a way that using both become a smarter and more complex ecosystem, like a collaboration with a healthy lending protocol, or a insurance protocol. Not just add our tokens their tokens and we are partners, i dont believe in that, makes sense?
Crypto Shrimp (AMA Host): i see so collaboration with a purpose, to make the project grow in its ecosystem, is that what you mean ?
Blockchain World: Exactly, with a purpose, not just for fashion or trend, not to artifically give more value to the project inspiring false hope on the investors, most of these projects will fail in my personal view in the next 3 to 5 years as a kind like dead time target
Crypto Shrimp (AMA Host): i see, sometimes this 'fashion trean' i feel is to please the investors who have also invested in other projects and would like to have more ways of earning the tokens. but i guess we all work towards the same goal of pleasing the investors with ways that we feel is beneficial to them
Blockchain World: Crypto space is packed with scammers, who will fare through the next bear cycle and the washout of projects and new regulations incoming, keeping the head above water and focusing their resources on what really matter will thrive and become the next big thing, its not magic, its mathematics and business science
Q9 will there be this kind of collaboration for absorber with others?
Blockchain World: I agree with that, thats why we often have community Polls where all the community member have 1 person 1 vote power, not based on the ABS holding but the person itself, to vote for certain development or decisions that will change the road
Crypto Shrimp (AMA Host): thats listening to the community at its best!
Blockchain World: Yes there will definitely be, well selected ones
Q10 besides what we have discuss, are there anymore upcoming development that are in progress?
Blockchain World: We are rebuilding the website, the user interface, we are building the whitepaper, tokenomics (since there still migration ongoing from ethereum to bsc) We will create new exciting pools and we pay a very close attention to the autofarm vaults, we are interested to integrate that intelligence in our project, a composite lp rewards
Crypto Shrimp (AMA Host): a familiar project that i helped managed last time 🙂
Blockchain World: As the timeline being, eventually we aim to have meetings across the world to educate people of all responsible ages (above 18) about Absorber its benefits and risks as a financial tool You do definitely are a high quality crypto member, my respect for that
Crypto Shrimp (AMA Host): thanks for the kind words!
Q11 Do you have a roadmap for the audience today and which are the development that you feel will be a game changer for absorber
Blockchain World: Exact timeline roadmap no, all this is written as of now, there was no previous preparation for myself for this AMA besides meditation and clearing my mind a bit
Crypto Shrimp (AMA Host): lets go with whats on your mind for the future development of absorber, i also respect that you came to this AMA without knowing what im going to ask of you too!
Blockchain World: What i can say as of above and to complete further, is that between a mixture of team growth, hiring members with tons of experience in their particular neccessarry field, with attention to detail and passion, together with the further construction of all it takes for the protocol, gitbook, website, coding, servers, accessibility, presence over all the space, personal ABS app is within our sight as well, with multiple languages option, and development of local communities, keeping the English Global community as the main one, and the rest as Turk community (which is already public) and Latino (coming soon) as well as others, focusing on that vision i mentioned before, to make this almost like a Multi Level Marketing worldwide, but not as a ponzi schemes as MM usually are, with the proof of our code and the mathematical concept of it
Crypto Shrimp (AMA Host): thanks
Q12 Can you provide us with links to absorber social media/medium etc, if we want to know more about the project?
Blockchain World: Everyone is warmly welcomed to our Telegram channel @absorberprotocol
Crypto Shrimp (AMA Host): what about your twitter and any medium articles ?
Blockchain World:
Official Links:
▪️Website: https://absorber.finance/
▪️Coingecko: https://www.coingecko.com/en/coins/absorber
▪️Telegram: https://t.me/AbsorberProtocol
▪️Discord: https://discord.gg/MK4s9vDGEY
▪️Twitter: https://twitter.com/DeFi_Absorber
▪️Medium: https://absorberprotocol.medium.com/
▪️Our Price Bot @BinanceRocketABS
▪️Our Price Talk Group @Absorber_price
Crypto Shrimp (AMA Host): great stuff!
Q13 lastly to finish this part of the AMA, do you have any juicy news that you can tell us which you have not covered so far?
Blockchain World: Yes, we know how important is the safety of your investment, real traders and investors understand the potential up n down prices, but they always fear the potential loss of their capital, not neccessarrily of the price movement itself, but of the hacking factor, code flaws, etc, because of this very reason we have a very serious take on Audits, and we are ready to be audited by any famous or responsible ethical organization and ready to pay for it no questions asked. Also we are focusing to offer a floor price to every ABS holder, incentivizing the hold and punishing the sell with our math mechanism which taxes a 2% on sell that automatically gets added back to liquidity by the smart contract and its un-removable, guaranteeing even in the case of a sell by 99% of the token holders, a non zero price
Crypto Shrimp (AMA Host): Thank you @BitBlockchain for your time. I hope with this AMA, the audience learnt more about absorber and also thank you so much for answering all the questions and educating us at the same time!
Blockchain World: We are building as we speak a massive influence in the latino segment of crypto and non crypto, with heavy investment in platforms like Facebook, Instagram, Tiktok etc, this will not only bring non crypto users to Absorber but also initiate more users to the crypto world
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Lola (AMA HOST): Hello!
You're welcome
Blood Tree: Thanks for having us
Lola (AMA HOST): How're you doing today?
Blood Tree: Doing good, I'm excited to be here finally. We've been waiting for this for a few weeks haha
How are you
Lola (AMA HOST): Glad to have you here. 😊
I'm good.
Shall we set the ball rolling?
Blood Tree: Yup, let's get it crackin
Q1. Can you give us a general introduction of you and Tree Defi? Could you tell us your role in the project and briefly introduce Tree Defi?
Blood Tree: Hello, I’m blood tree, one of the founders of TreeDefi, a Yield Farming project that focuses on deflationary tokenomics, real life NFT implementation and planting real trees around the world through deposit fees
My main role in the team is partnership, marketing and community management. I also love doing graphics for the project, writing articles and making youtube videos. It’s still work but I have a lot of fun with it so it almost feels like a hobby
And yeah, we treat every day as a new challenge and we love developing new skills through this opportunity offered to us by Defi
Lola (AMA HOST): Having so many skills. How do you manage them?
Blood Tree: Multitasking and lots of caffeine
Everyone is like this on our team, we're a bunch of sleepless maniacs
Lola (AMA HOST): Good one there!
Q2. How many team members do you have working with you? And can you also tell us their roles?
Blood Tree: We are currently 8 members, without counting the supporters we’ve recruited from our group, which help us with spreading the word about the project, some twitter management, community graphics and user support. It’s amazing to already have members from the community that we can trust when we’re overwhelmed by work
As far the main team goes we’re all coming from the startup world, having worked with countless projects and companies, so everyone is crafty with several skills required for this project, and we push each other to new limits every day
Everyone has an area they specialize in though, some are solidity and react developers, some work on UX/UI frontend changes, some marketing and community management and some research the landscape constantly and try to implement new innovative ideas. And we all try to learn from each other's specialty
Hope that answers it 😄
Lola (AMA HOST): Sure it does!
Q3. What are the major challenges of Tree Defi and how do you intend to solve them.
Blood Tree: The Defi world in general is a challenge in itself haha
It’s very hard to start a project and get it running. Once you get it running it’s hard to stabilize from the unavoidable initial pump and dump, and once you get through that you need a consistent schedule of updates to keep the ball running
The landscape is a non stop 24/7 365 days endeavour. Everything is in constant motion and everything your competitors do affects you too. Those previous points made the past month a bit of a living hell for us, having no free days, no proper sleep and no proper relationships with people in real life. But we’re never gonna stop. Seeing the community excited when we release something is much more rewarding than any vacation we could take
We’ve also overcome some minor hurdles during launch, but our community stood strong with us through it all, never flinching. We're blessed to have such a supportive userbase ❤️
Q4. How does staking works? And what's the reward Percentage? And can you tell us about your Audit?
Blood Tree:
Users have the opportunity to stake their SEED and TREE into our farms and pools, along with other tokens of their choice, including the ones from our partners. Since the project is young the rewards are still quite high, having over 1500% APR in some of our farms. We’ve also included a limited time pool where users can receive TREE as a reward (our capped token, with a supply of 16001 TREE). We’re always improving our farms and tweaking them for our users’ enjoyment and to stabilize tokenomics when needed.
Our audit was done by TechRate, a very respectable firm that has helped other large projects like Swamp in the past. They’ve been very kind to us, well priced and professional. They even went through phone calls with us to look into our contracts in detail and explain everything they do to us. It’s been a great experience and we recommend them.
If you wanna check the audit out it's in our menu on our app at app.treedefi.com
Q5. I learnt you would love to have partnerships with other Defi projects. Can you tell us which you've been looking at And why would you love to partner with them?
Blood Tree: Of course, we’ve already partnered up with Slime Finance and Blueswap. Both have been great experiences, and we’re in touch with Slime everyday, trying to organize new things in the future
Lola (AMA HOST): That's good to hear. How about Blueswap? How has it helped Tree Defi?
Blood Tree: And that’s how partnerships should be in our opinion. In Defi, partnerships generally last one day before they fade away and only consist of a crossed pool or something along those lines. We're trying to do more with them
Blue have been nice to us, they've just sent us a proposal a few days ago where they would like to include us into one of their new features
Lola (AMA HOST): Great
Blood Tree: And I like their graphics in general haha
We've also launched a partnership with Soteria Finance, which now offers insurance cover for our project
Lola (AMA HOST): a Graphic Person. 😅
Blood Tree: Yes, I'm very picky with that stuff haha
Lola (AMA HOST): Good.
Blood Tree: And yeah in general more partnerships are coming. And we're in talks with other players that we think will re-shape Defi along with us in the next year
Q6. Can you tell us Tree Huggers Reward Program?
Blood Tree: Yes, I love the tree huggers program
It’s a program where we reward the most active and helpful members of our community with TREE to put it simply. Each week we will start a poll with the 10 most active members of the week. 3 members will be picked by the community and 2 members will be picked by admins. They will receive 1 TREE each, a Tree Hugger name tag and will be included in our TreeHouse telegram group, where we work with our most helpful members on community management, marketing and development of new features
At the end of the month there will be a huge giveaway for Tree Huggers where 3 random members will receive:
5 TREE + 5 SEED
3 TREE + 3 SEED
2 TREE + 2 SEED
It's a good way to keep our best members close to us
Lola (AMA HOST): Yes you're right.
Q7. What Future Development and Plannings do you have?
Blood Tree: Right now we are working hard on deploying our TreeDefi Games, which will include: Green Wheel, Lottery and King of the Forest. We’re trying really hard to launch them this week but they require a lot of testing to avoid any bugs both in the contract and frontend
We’re also working on our new version of the frontend, which will be built fully from scratch and separate from the Pancake interface. And we hope that will make our presentation even cleaner and more appealing to investors. We’re also working on more tree donations, and new NPOs that we could partner with to donate in more creative ways
Lola (AMA HOST): Great. And that takes me to next question
Q8. Can you tell us about the three donations that's going on in Tree Defi?
Blood Tree: Of course, tree donations are our bread and butter. We’ve started the project with the goal of planting as many trees as possible. We thought this would be a good way to give Defi a real world application that is usually missing from these projects.
As of now we’ve planted over $7000 worth of trees during the first month of the project, and we’re gonna keep donating more and more every week moving forward. The way it works is that we currently use ⅓ of deposit fees to plant real trees around the world. In the future we’ll find new ways to improve this system and donate more
We’re thinking of a way of letting users donate individually through us if they wanna represent TreeDefi. We’re also thinking of doing fundraisers for other types of good causes in the future, and different ways to include NPOs into the world of Defi. We think it’s often overlooked and just something that we and the community love to do!
Lola (AMA HOST): I'm liking your done with tree symbol. Haha
Blood Tree: Yes I need to keep my text alignment consistent haha
Lola (AMA HOST): 👍😊
Q9. Can you tell the Community about the Seed in Tree Defi
Blood Tree: Absolutely, SEED is basically the main engine running our Yield Farms
It is a token that is uncapped but deflationary in nature. The starting emission rate is 0.15 SEED per BSC Block, and it deflates by 2% each week. Currently it has already lowered to 0.144
This means that eventually our token output will start slowing down and SEED supply will become more and more scarce. And this is without taking into account the burning mechanisms that we will implement shortly through games, and the occasional celebratory manual burn. SEED is used for most of our farms and it is therefore our main reward for users on the platform. TREE on the other hand is our capped token with a supply of only 16001 TREE. So it's the rare token of our platform.
And TREE is also used for Governance
Lola (AMA HOST): Okay.
Why this emoji? 😉
Let's promote Tree Defi 😊
Blood Tree: haha I love that one, it confuses people
Lola (AMA HOST): Haha. Okay. No problem
Q10. Share with us all the links about Tree Defi, so that readers can find out more and also follow the development of the project.
Blood Tree: Here are all of our important links:
If you wanna get in touch with us directly the best way is through Telegram, that's where we're active all day long
Lola (AMA HOST): Noted
Q11. Lastly our favourite question, do you have any alpha or juicy news for us in BSC News today?
Blood Tree: Haha, we don’t like spoiling future updates too much. But we do have our NFT system coming out very soon. We just launched a front end sneak peek today on our platform. Any curious BSC News users can go on app.treedefi.com/nftrees and check it out. The way it works is that our NFTrees are directly connected to real life trees that we planted.
Investors that purchase the NFT will get a lot of statistics about their tree, including: Name & Scientific Name, Date of Birth, Country of Origin, Place of Birth, Longitude and Latitude, Proof of planting and the CO2 removed by their tree. We’re also planning on releasing a map where users can connect with their wallet and see Their trees around the world in a clean interface.
Lola (AMA HOST): Great.
Now we've come to the end of the First round.
It was a really a nice session. Thanks @bloodtree 😊
Blood Tree: Thank you for all of the great questions, they were fun to answer! 😊
Lola (AMA HOST): Welcome Shanron
Hope you're good.
Shanron: yes I am great
Lola (AMA HOST): Good to hear that.
So shall we start?
Shanron: Yes I can't wait and I am sure the community is also ready !!
Lola (AMA HOST): Sure they are. 😊
Q1. Can you give us a general introduction of you and Dragon Ball Finance? Could you tell us your role in the project and briefly introduce Dragon Ball Finance?
Shanron: Yes of course !
Dragonball Is the first All In One DeFi platform with the coolest of all themes.
it is a protocol that allows you to have sustainable gains backed by a constant income that is generated through all DBF products.
I am the CEO and founder of the protocol,
I gather team members and advisors and hire professional coders to develop the smart contracts.
I have been in crypto since 2016, when I was shocked by blockchain technology and witnessed ICO and tokens in general 100x and then lose 99.99% of their value the day after.
I left crypto aside for a couple of years after the bubble, graduated and found a job in finance.. and then Uniswap came out..And history begun..
Lola (AMA HOST): This sounds great.
Q2. How many team members do you have working with you? And can you also tell us their roles?
Shanron: We started small with one developer, one designer and me.
We recently had the chance to hire new team members especially experienced devs that are now focusing maily on the IFO platform and NFT marketplace !
The website as well is being rebranded and redesigned to give it the look it deserves !
Lola (AMA HOST): That's great. And how has been the Journey so far?
Shanron: it has been great I gotta say
the community has backed us and we are growing daily, we also made so many progress on the development side, and once all use case will be applied I can really see this Dapp competing with top bsc projects !!
Q3. Can you tell us how Farming and staking works in Dragon Ball Finance? What's the reward Percentage?
Shanron: Farming and staking is very similar to pancake and similar platform we have created a full path tutorial to guide investors in the process, feel free to check it out here
the reward percentage is based on current price liquidity in the pool, token emission, pool multiplier and is a variable not a constant. Everyone can check it live on the top right of each farm at https://dragonballfinance.org/farms
Q4. Has your Smart Contract been audited? If he's, who audited it? And can you show us the report? As the security of the Community matters.
Shanron: Yes, we believe investors security and safety is the highest priority, that's why we audited our contracts as soon as they were out and we will keep auditing with other reputable companies as we organically grow.
here's the link:
Q5. How many Partners do you have? And what do you expect from them?
Shanron: We have several partner and advisors and are in talks with many potential future partners, but we believe that NFT marketplace and IFO launchpad have the priority as they are one of the most important products needed in the space !
Lola (AMA HOST):
That's good. And what stage do you plan to make that happen?
Shanron: IFO platform is being worked on and should be ready by next week !!
NFT marketplace is much more complicated and it will take around a month
we have another dev working on the first DBF casino game, and should be up at the beginning of te month!
that will really boost DBALL use case and price in my opinion
Q6. Can investors get in now? Or it's late to buy cheap and Hold to get rewards? And can you give out steps and details to do that?
Shanron: Yes you can buy DBALL now and stake it on the staking pool or provide liquidity for it and stake it the website to earn constant reward !!
follow the steps outlined in the tutorial for getting in early and not missing the dragonballfinance train !!
Q7. Can you share with our community the plans you and your project have for this year and the coming years?
Shanron: Dragonballfinance is here to stay,
We have built a roadmap that allow the project to create an ecosystem where the native token as multiple use cases in the protocol generating demand and scarcity for the token.
here is a list of the products we plan to implement that will directly or indireclty benefit DBALL and its holders:
Launchapad IFO (half of raised funds is used to burn DBALL)
NFT marketplace (anyone can list their NFT and anyone can buy them only with DBALL)
Super Saiyan pools (DBALL holders will be able to stake DBALL and earn BNB)
Casino platform (users can only play with DBALL, lost DBALL is burned)
Charting tool ( a tool similar to chartex or dextools where anyone can track any token and if you hold a certain amount of DBALL you unlock pro features)
Farming As A Service platform (host other protocol farms and use a % of LP deposit fee to buy back DBALL and burn it)
stable coins
vaults
lending and borrowing
expansion to other chains
much much more !!
Lola (AMA HOST): Great👍
Q8. What are the major challenges of Dragon Ball Finance and how do you intend to solve them?
Shanron: Major challenge right now is fighting inflation, we used to have too many non native farms and pools that allowed non native farmers to sell too many DBALL, so we removed most of them and added new native farms, also we plan to improve DBALL price and liquidity through layer farming , a perpetual way of high risk high reward gains that will happen weekly and will boost DBALL price and liquidity !!
Lola (AMA HOST): That's a great move.
Q9. Share with us all the links about DballFinance, so that readers can find out more and also follow the development of the project.
Shanron: 🐉Welcome to DragonBall Finance!🐉
🔮What is DragonBallFinance?
DragonBallFinance is the first fully decentralized self sustaining all in one defi platform on the Binance Smart Chain network that brings the dragonball theme in the current boring foody name defi world.
DragonBallFinance will implement several products and mechanics that ensure the sustainability of the project even in the long term perspective.
🈚️Tokenomics
🐉DragonBall Token($DBALL)
👨🍳Masterchef:
✅Initial Supply: 410,000 $DBALL
✅Liquidity raised with SaltSwap Launchpad
✅IDO price 1 BNB = 500 $DBALL
✅IDO allocation 25,000/250,000 $DBALL
✅soft cap/hard cap 50/500 BNB
✅Listing price 1 BNB = 400 $DBALL
✅partnerships, marketing and contests funds 15,200 $DBALL (all locked for the first 2 weeks, community will decide how to use them)
(All unsold tokens will be burned)
‼️DBALL IDO will be on Monday the 5th and it will be hosted by SaltSwap IDO Launchpad‼️
Senzu Token ($SENZU)
Senzu token will be the token used to reward layered farming investors.
❗️7% stacking fee will be applied and used for:
✳️40 % to buy back DBALL and burn it
✳️40% buy back SENZU and burn it
✳️20% allocated to further platform developments
💸 Liquidity Locked Forever
💸 LP Tokens Burnt
🔮 Future Goals:
🕔 NFTs and marketplace
🕔 Lotteries
🕔 Games
🕔 IDO platform
🕔Charting tool
🕔Lots more !!
🔮 Key Information:
🐲DragonBallFinance buy back an burning features: 🐲
✳️3% deposit fee will be charged at staking.
✳️2% withdrawal fee will be charged when unstaking.
Fees breakdown
✳️50% will be used for weekly burns
✳️50% for the project's products funds.
✳️5% of minted tokens for emergency and development funds
🌐 Website - https://www.dragonballfinance.org/
🐉 Official Telegram Channel - https://t.me/dragonballfinance_org
🔥 Announcements - https://t.me/dragonballnews_org
💰 Price chat - TBA
⌨️ Discord - TBA
☀️ Twitter
📶 Medium
💻 Github
🕵️ Audit
Q10. Lastly our favourite question, do you have any alpha or juicy news for us in BSC News today?
Shanron: Yes as I previously mentioned we have three major news this week !!
1) we will be launching layer2 with SENZU2 and renewed mechanics allowing this layer to be more stable and providig higher liquidity to native pairs !
2) Super Saiyan pools a pool where DBALL holders can stake their DBALL and receive BNB in exchange !!
3) IFO platform will be ready by next week and we will launch the first DBF Initial Farming Offering !!
Lola (AMA HOST):
We look forward to the three Great News.
Now we are done with the First session.
Thanks for your time. Twas a really a nice time with you Shanron
BSC.NEWS hosts Absorber, a decentralized deflationary yield farming protocol. All questions answered by Blockchain World (@BitBlockchain)
Crypto Shrimp (AMA Host): On behalf of BSC News, its my pleasure to host the AMA for Absorber Finance team. @BitBlockchain, just to be sure it will be just you attending the AMA ?
Blockchain World: Yes Shrimp, only with me it's fine for now
Q1 Lets start with an introduction of the team and also whats their past experiences?
Blockchain World: The Absorber Protocol have a very unique start, the core team are left in the dust, it's a community takeover protocol, that got revived recently with the new migration, long story short, i use to be a normal trader on the old erc20 token, i got handed the keys one day since the core member Connor could not keep going on with the project because of personal needs.
Crypto Shrimp (AMA Host): thats a great deal to take over a project like this
Blockchain World,: Myself i'm a personal trader and crypto entushiast since 2017, one of the Oldest admins of Fat Pig Signals Group, one of the only few legit signals groups that survived through the years and become a success. Actually you can see a NFT of my own persona in the rarible website https://app.rarible.com/token/0x440f36dba0cc626a71af47a83d85846246ba3fb2:14:0xbce51ae3756aad4b85e9029386f4614ab593e84f
Check us out on Telegram: https://t.me/fatpigsignalstrollbox
I've been involved throughout the years with several personalities form the Crypto space Like Roger Ver, Ron Paul (which needs no introduction for most americans) Jeff Berwick, Jobby Weeks (personal friend). Because of the way it all started i am not ready to become a public personality as of now, since that brings lots of burden with pros and cons, building a public wanna be team as we speak, like a normal company would do, yet we are not a company, but need to function in such a fashion in mixture with the DeFi space and community decision taking, in order to prevent a short term drainage of the project
Q2 thats an interesting start, do tell us more about absorber finance and when did the project launch?
Blockchain World: https://bscscan.com/tx/0x0cb5056c858a2c0356c0ed38e1612feb0c4f8afe45302d2c533c98549bb76ac4 After careful investigation about the BSC space, and the flaws of Ethereum that had the project on the knees (aka gas fees) i took the decision to move on and this is the proof of the first major Action of Migration. The First Absorber Launch done by the old Core team, have been launched over 79 Days ago as stated here https://etherscan.io/tx/0x6c2e42a08295f8673ad2c2b4256d8f900274b0368023eebbae62e17c0e3fef03
Since past actions lead to present situation, through experience and observation of pros and cons of the original Passive Yield Farming concept of the Ethereum Absorber, i launched the New Absorber with a dynamic Hybrid Mechanism, mixing a classic Active Yield Farming with a Self Sustainable Long term Passive Yield Farming function, creating a harmonic in the protocol
All of this as obvious is visible to read by everyone within the smartcode
Q3 that brings me to whats the use case of $ABS?
Blockchain World: Absorber is a Financial Instrument aiming for mom n pop investors worldwide as a means of generating Passive Income in hardship situations like the ones caused by the Covid, we aim to be a Global Financial Bank, with the top notch usability and friendly interfaces in all the languages and currencies possible
Q4 what about the tokenomics of $ABS? is it unlimited supply or its deflationary?
Blockchain World: Max supply is 1,000,000 tokens, it will never be minted more than that, it's deflationary with a speed of 1% annually (approximately) We expect in 25 years to have the max supply around 750,000 ABS
Q5 How safe is the absorber protocol? any audits done etc?
Blockchain World: On 16th March Certik will finish Auditing our code, we believe the code is very safe, we passed through manual checks by many devs and public scrutiny over time, and hence our code is simple without additional files.
https://certik.org/projects/absorber
Crypto Shrimp (AMA Host): nice i think alot of public trust is build from having a certik audit nowadays, will that be a full audit or a light one?
Blockchain World: Full audit
Q6 So how is absorber able to pay for this audit, or how does the project makes money ? we have seen some project do presales, just to fund the audit and etc.. this is a common question that most will ask
Blockchain World: Absorber Protocol Works with Hybrid Mechanism, which the PYF function generatea wealth to any wallet included in the ecosystem gasless through time. Ethereum version Did a bad job in maintenance of funds and because of what seemed to be public hunger of moons and lambos they burned too many tokens too fast, we wont do that error. We have enough funds for development for the next 10 years considering the mechanics, and all development will be done with the least expense in mind, considering quality results for the money paid
Q7 what are the marketing strategy that are in place or upcoming?
Blockchain World: We are focusing on premium Listings across Digital Mediums like Opera.com which have over 350 million users monthly, and other BSC platform like Price bots, we do not agree to pay shillers, since we preffer to do things in a more realistic and healthy approach
Crypto Shrimp (AMA Host): nothing is more sustainable than organic growth in supporters and also the project quality itself
Blockchain World: We are looking to gift phisical goods like shirt, hoodies to Absorber Holders and ship them world-wide, this being only one of our marketing ideas
Q8 how can another project establish a partnership with Absorber ? do they stake on your platform? any plans like this ongoing?
Blockchain World: Yes but as a personal mouth taste i consider that to be a complex scam between projects pumping price without much fundamental in itself, anyone can do that and i suggest people to dive deeperer and see beyond the courtain of smoke, it became famous this kind of partnership promotions, we got invited in dozens of them, we are considering some that will have a positive stable impact for the long run, but as for generally speaking not a good concept how they are used lately in the crypto space
Crypto Shrimp (AMA Host): so are you saying you are not a fan of collaboration between projects?
Blockchain World: We received tons of suggestions as to add several functions like rewards for pair that doesnt benefit the ABS protocol, like BTC - BNB pair with ABS rewards
Crypto Shrimp (AMA Host): or what kind of collaboration will interest you more? do give us some concept that you have
Blockchain World: Not as its used lately, i believe in strong fundamental parnership that really have a reason to be done and not only be used for fashion like. For example a kind of partnership with a project that can mix its ecosystem functions with our, in such a way that using both become a smarter and more complex ecosystem, like a collaboration with a healthy lending protocol, or a insurance protocol. Not just add our tokens their tokens and we are partners, i dont believe in that, makes sense?
Crypto Shrimp (AMA Host): i see so collaboration with a purpose, to make the project grow in its ecosystem, is that what you mean ?
Blockchain World: Exactly, with a purpose, not just for fashion or trend, not to artifically give more value to the project inspiring false hope on the investors, most of these projects will fail in my personal view in the next 3 to 5 years as a kind like dead time target
Crypto Shrimp (AMA Host): i see, sometimes this 'fashion trean' i feel is to please the investors who have also invested in other projects and would like to have more ways of earning the tokens. but i guess we all work towards the same goal of pleasing the investors with ways that we feel is beneficial to them
Blockchain World: Crypto space is packed with scammers, who will fare through the next bear cycle and the washout of projects and new regulations incoming, keeping the head above water and focusing their resources on what really matter will thrive and become the next big thing, its not magic, its mathematics and business science
Q9 will there be this kind of collaboration for absorber with others?
Blockchain World: I agree with that, thats why we often have community Polls where all the community member have 1 person 1 vote power, not based on the ABS holding but the person itself, to vote for certain development or decisions that will change the road
Crypto Shrimp (AMA Host): thats listening to the community at its best!
Blockchain World: Yes there will definitely be, well selected ones
Q10 besides what we have discuss, are there anymore upcoming development that are in progress?
Blockchain World: We are rebuilding the website, the user interface, we are building the whitepaper, tokenomics (since there still migration ongoing from ethereum to bsc) We will create new exciting pools and we pay a very close attention to the autofarm vaults, we are interested to integrate that intelligence in our project, a composite lp rewards
Crypto Shrimp (AMA Host): a familiar project that i helped managed last time 🙂
Blockchain World: As the timeline being, eventually we aim to have meetings across the world to educate people of all responsible ages (above 18) about Absorber its benefits and risks as a financial tool You do definitely are a high quality crypto member, my respect for that
Crypto Shrimp (AMA Host): thanks for the kind words!
Q11 Do you have a roadmap for the audience today and which are the development that you feel will be a game changer for absorber
Blockchain World: Exact timeline roadmap no, all this is written as of now, there was no previous preparation for myself for this AMA besides meditation and clearing my mind a bit
Crypto Shrimp (AMA Host): lets go with whats on your mind for the future development of absorber, i also respect that you came to this AMA without knowing what im going to ask of you too!
Blockchain World: What i can say as of above and to complete further, is that between a mixture of team growth, hiring members with tons of experience in their particular neccessarry field, with attention to detail and passion, together with the further construction of all it takes for the protocol, gitbook, website, coding, servers, accessibility, presence over all the space, personal ABS app is within our sight as well, with multiple languages option, and development of local communities, keeping the English Global community as the main one, and the rest as Turk community (which is already public) and Latino (coming soon) as well as others, focusing on that vision i mentioned before, to make this almost like a Multi Level Marketing worldwide, but not as a ponzi schemes as MM usually are, with the proof of our code and the mathematical concept of it
Crypto Shrimp (AMA Host): thanks
Q12 Can you provide us with links to absorber social media/medium etc, if we want to know more about the project?
Blockchain World: Everyone is warmly welcomed to our Telegram channel @absorberprotocol
Crypto Shrimp (AMA Host): what about your twitter and any medium articles ?
Blockchain World:
Official Links:
▪️Website: https://absorber.finance/
▪️Coingecko: https://www.coingecko.com/en/coins/absorber
▪️Telegram: https://t.me/AbsorberProtocol
▪️Discord: https://discord.gg/MK4s9vDGEY
▪️Twitter: https://twitter.com/DeFi_Absorber
▪️Medium: https://absorberprotocol.medium.com/
▪️Our Price Bot @BinanceRocketABS
▪️Our Price Talk Group @Absorber_price
Crypto Shrimp (AMA Host): great stuff!
Q13 lastly to finish this part of the AMA, do you have any juicy news that you can tell us which you have not covered so far?
Blockchain World: Yes, we know how important is the safety of your investment, real traders and investors understand the potential up n down prices, but they always fear the potential loss of their capital, not neccessarrily of the price movement itself, but of the hacking factor, code flaws, etc, because of this very reason we have a very serious take on Audits, and we are ready to be audited by any famous or responsible ethical organization and ready to pay for it no questions asked. Also we are focusing to offer a floor price to every ABS holder, incentivizing the hold and punishing the sell with our math mechanism which taxes a 2% on sell that automatically gets added back to liquidity by the smart contract and its un-removable, guaranteeing even in the case of a sell by 99% of the token holders, a non zero price
Crypto Shrimp (AMA Host): Thank you @BitBlockchain for your time. I hope with this AMA, the audience learnt more about absorber and also thank you so much for answering all the questions and educating us at the same time!
Blockchain World: We are building as we speak a massive influence in the latino segment of crypto and non crypto, with heavy investment in platforms like Facebook, Instagram, Tiktok etc, this will not only bring non crypto users to Absorber but also initiate more users to the crypto world
