AMA Recap : PAYBSWAP

Crypto Buddy
4 min readSep 18, 2021

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(H) Host: Sachin

(G) Guest: Mr. Dat Le [CEO]

AMA Fragments

1. Introduction Of PAYBSWAP
2. Twitter Questions

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H. Hello everyone

Let's welcome @Mshelpful And @tuunl To ButterLemon community :)

G. Thanks for having us

H. We are thankful to have you joined with us :)

How's your day going?.;)

G. Very well, thank you

H. That's great, excited for AMA?

G. Yes, Lets get to it. 👍🚀

H. Nice, so without taking much of your time here is your first question :) 👇

Q1 - First of all, please introduce yourself with us. How and when you started? What's Your role in PAYBSWAP ?

You can call me CO. I am here with few of our 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 8 developers, 2 designers, 1 marketing manager.

Q2 - Our Community would like to have a brief intro of $PAYBSWAP and its marketing strategies. Can you give us a glimpse? ;)

Paybswap is a cross-chain automated market maker, yield aggregator and NFT marketplace on Binance chain, Ethereum and Polkadot network. Liquidity providers are incentivized for providing liquidity to trading pairs with rewards drawn from the fees paid by users swapping between the paired assets.
PaybSwap takes full advantage of its cross-chain features to power trading between assets from multiple blockchains using the Bridge modules. The bridge is to connect Binance Chain, Ethereum Chain and Polkadot ecosystem.

Expanding to developing nations , teaching them diverse Defi investment strategies and also introducing our platform to them.

Q3 - Elaborate your tokenomics and explain the distribution and tell about locking of funds if any?

We are not at Presale or Public sale stage. We have 144+ million token in circulation at the moment and we have all team&advisor tokens, development locked at the moment.

Q.4 Can you share what success $PAYBSWAP had achieved in its Roadmap so far? :)

So far we have been able to meet our set goals till date and more. We are close to launching our Vaults, NFT and Governance which comes with bridge modules that connect the platform to Ethereum and Polkadot Ecosystem.

Dear community member, thanks for your support thus far. We are glad to show you a sneak peek video of our VAULT, DAIMOND HAND and NFT platform.
We have heavy marketing lined up already. News publication, Twitter Influencers, Youtubers in different languages. ETC.
We are also proud to say that we are way faster than our roadmap. Kudos to the team and the community.
Spread the word, we are launching a Vaults + NFT flow with an inbuilt bridge module that no one has in the industry at the moment. $PAYB 🚀🚀🚀

Q5 - Everyday we can hear of fake projects creating fake tokens and not providing liquidity, in order to keep safety in mind of it's users, how can $PAYBSWAP prove that it is not one of them?

Looking through what we’ve done so far and how we’ve been able to deliver all our promises based on the roadmap. You will see the transparency and hard work. We are here for the long run.

H. Here we ends our first fragment, can we move to our next fragment (Twitter Questions)

G. Lets shoot.

Q1. The SUCCESS of a project also depends on how big the COMMUNITY is. Do you have any plans to spread awareness to crypto users and non crypto users in the world? Especially non-English speaking countries that may be barred from accessing Paybswap Project?

~ @neel_neel11

We are creating telegram group for different nations and languages to help spread the word.

Q2. Security is one of the important factors, how about security in Paybswap? Do all users have to KYC before they can access the features? How about attacks or hacks from outside does Paybswap also allow bug hunters?

~ @JaysonHinrichs1

We have done adequate audit and we are good.

Q3. What do you consider to be the best features of "Paybswap" ? Are there any features that "Paybswap" has that we can't get on any other platform? Where can we stay informed of all the news that "Paybswap" has to offer us?

~ @eliksu15

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.The primary objective is to bring security, simplicity, user experience, privacy and global adoption to the DeFi ecosystem. We aim to be 100% transparent, reduce cost (Gas fee).
Strategies to expect in our vault:

Cream
YFI
LP 3pool Curve
Curve BBTC Pool
Curve Iron Bank Pool
Curve BUSD Pool
Curve Compound Pool
Curve EURS Pool
Curve GUSD Pool
Curve renBTC Pool
Curve USDN Pool
Curve UST Pool
Curve Y Pool
Curve mUSD Pool
DAI
DForce
PANTHER
ALPALCA
CAKE

Q4. #Paybswap has currently 4 chains available for bridging $payb any plans to add more chains in future?

~ @Dino47671659

Its the plan.

Q5. Is the staking locked or can we unblock at any time we want?.. and is the apy fixed or does it chang

~ @BeamIsBest

G. APY is fixed and we have 72 hours cooling period.

H. Great, here it ends our twitter segment :)

Best wishes to PAYBSWAP for a better future and achieve great heights 👏👏👏

Join PAYBSWAP Community :
🔹Website : https://paybswap.finance/
🔸Twitter: http://twitter.com/paybswap
🔹Telegram : @paybswapfinance

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Crypto Buddy

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