Aretis Creces Protocol AMA Transcript

Stephanie (BSC.News)

Hello everyone and welcome to the AMA with Aretis Creces Protocol! Today we have Joe Stanley (@Ryumann) from Aretis Creces Protocol joining us to talk about their exciting platform. Great to have you here Joe

Joe Stanley

Nice to be here

i’m happy to talk to you guys

Stephanie (BSC.News)

Great to have you here today! 😎

Stephanie (BSC.News)

Without further due, we will jump right into the questions. Sounds good with you?

Joe Stanley

sound great

i’m ready for the questions

Stephanie (BSC.News)

Great, so to kick things off, for those who may be unfamiliar...

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1. Please introduce yourself and the team behind Aretis Creces Protocol.

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Joe Stanley

I’m Joe Stanley - Chief Executive Officer of Aretis Creces Protocol (ACP) project

My core experience ranges from both front-end blockchain applications to back-end architecture design and implementation, smart contract development and development of dApps for Fintech and other industries that need the push of decentralization, tokenization, and smart contracts.

Currently our team is divided into many departments to work with the management of the core developers. Information is available here:

Stephanie (BSC.News)

Awesome! Thank you for that amazing introduction, sounds like you have an amazing team behind you.

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2. What is Aretis Creces Protocol and what is the vision and mission of your team?

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Joe Stanley

Aretis Creces set out to make staking as simple and easy as possible.

we want to bring ACP to becoming DEFI 3.0 project that integrates many new and unique applications

Finally, ACP will be a new financial protocol that brings optimization for users and will spread to users around the world.

Stephanie (BSC.News)

Great! Let's unpack a bit as there was a lot I wanted to touch on. So first let's talk about your token

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3. Can you tell us more about the $ARIS and $ARIS01 token?

a. Tokenomics

b. Utility

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Joe Stanley

$ARIS is a Bep20 token on Binance Smart Chain with an elastic supply which rewards its holders with a positive rebase formula, along with Auto-Staking and Auto-Compounding for an high APY: 266,968.29%

All rights are given to the holders and we initiate different proposals to be decided by all users who hold $ARIS. $ARIS  is a distributed governance metaverse world where everything is fair and open.

$ARIS Tokenomics

- Total Supply: The total amount of $ARIS is obtained according to ACP calculation, and the number of IDO tokens is determined according to the participating funds.

- The initial total supply of $ARIS will be calculated by the following formula: (IDO Quantity) * 1.7 + 1,000,000

That's all. No team reserved no private sale or something else.

$ARIS01 is a Bep20 token on Binance Smart Chain, used to locate rewards in the ACP-DAO program. This tokens is obtained through the ACP-DAO program.

Stephanie (BSC.News)

Okay neat

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4. How do you ensure your claimed fixed APY of 266,968.29%?

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Joe Stanley

Using a Positive Rebase formula, Aretis Creces makes it possible for token distribution to be paid directly proportional to the epoch rebase rewards, worth 0.015012% every 10 minute epoch period of the total amount of $ARIS tokens held in your wallet. The rebase rewards are distributed on each epoch (rebase period) to all $ARIS holders.

This means that without moving your tokens from your wallet, $ARIS holders will have a fixed interest rate of 2.18% daily or with compounding 266,968.29% annually.

The formula for fixed APY:

Stephanie (BSC.News)

Got it. Sounds good

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5. What is the DAO-Rewards mechanism? How does it work?

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Joe Stanley

DAO-Rewards Program is a special mechanism in ACP that helps ACP spread strongly in the community

10% of every buy trade fee are allocated to the Referral Rewards fund, and Referral Rewards are used to reward users who contribute to ACP.

When the friend you refer buys the $ARIS token, 10% of the trading volume is shared by the closest 10 referrals, which are 4%, 2%, 0.5%, 0.5%, 0.5%, 0.5%, 0.5%, 0.5%, 0.5%, 0.5%.

The reward is paid directly to their wallets

DAO-Partner Program is a mechanism in DAO-rewards that pays rewards for leaders of community

The condition for joining and rewards:

Stephanie (BSC.News)

Okay awesome!

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6. How is NFT used in Aretis Creces Protocol?

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Joe Stanley

6% of every sell trade fee will become dividends distributed to all addresses holding NFT of ACP; NFT Holders can claim it through ACP Dashboard.

Besides, NFT is also upgrated to use for:

1. Participate in community governance through voting and other activities.

2. Participate in the ACP Ecosystem's GameFi, SocialFi, and Metaverse applications.

3. Rewards from NFT airdrops which will be available in the future.

Stephanie (BSC.News)

Brilliant, thank you! Lots to look forward to

So to touch more on the riskiness of crypto...

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7. Are you audited? How can users be assured that their funds are safe?

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Joe Stanley

To ensure the safety of our users, we have partnered with reputable auditing firms to check all the functionality and security of smart contracts.

Audit report by Coinsult:

Audit Report by RugFreeCoins: Coming soon

Besides, the team also successfully implemented KYC for AMA with the 2 biggest communities on BSC, BSCDaily and BSCNews.

Stephanie (BSC.News)

Thank you for sharing the audit link :)

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8. Can you talk us through your Roadmap? What are the future plans?

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Joe Stanley

you can find out our detail roadmap here:

Besides, Marketing campaigns, partner programs, talk-shows around the world will be noticed on our official channel:

Stephanie (BSC.News)

Okay nice.  Moving on to the very last question

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9. Any exciting news you would like to announce here today?

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Joe Stanley

We’re excited to announce that IDO event will be launch in 1 hour

Details:

Our team has produced 2 project overview videos, you can see the details there:

1.

2.

Stephanie (BSC.News)

How exciting! Would you be able to provide us with social media links so that our community could follow?

(on top of the Telegram link you just shared)

Joe Stanley

🌏Website:

📑Whitepaper:

🔸Twitter:

🔸Announcement:

🔸Telegram Chat:

🔸Discord:

🔸Youtube:

🔸Email: contact@aretis.io

Stephanie (BSC.News)

Awesome! If you haven't already make sure to go and check out Aretis Creces Protocol everyone! Super exciting project that you don't want to miss out on :)

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