MojitoSwap🍹 & #KuCoinTradingBot 🤖 AMA
Start your decentralization journey with $MJT!
⏰ Date: 1pm on February 12, 2022 (UTC)
📍 Location: https://discord.gg/tradingbot
🔥SYNC on the Telegram Community
Max:
Welcome to the AMA on Discord and Telegram at the same time, with the first KCC project to be listed on KuCoin, Mojito Finance, let's give our virtual greetings to this great project 👏👏
Gloria:
And there. This is Gloria, CMO of the MojitoSwap team. It's a pleasure to be here and share some information about the project I'm building right now. I just want to say thank you for having me today.
Max:
The AMA will be divided into two parts, the first with direct questions to the project and the second part with questions from the Community.
Let's get started 👍
Max:
Q: What is Mojitoswap. Can you give us an overview of what Mojitoswap is?
Gloria:
Sure. MojitoSwap was released in October 2021. It is a DEX running on KCC with AMM engine. MojitoSwap provides complete solutions for on-chain assets with Swap, Farm, Pool, Launchpad, NFT and other functions.
MojitoSwap aims to provide users with an efficient and low-cost token exchange. At the same time, users can get their value-added token by using MojitoSwap. In addition, we are a secure, easy-to-use, high-liquidity, and basic DeFi protocol for KCC developers.
We want to become the building blocks of KCC and provide services to both the user and the builder.
Max:
Q: Does Mojitoswap already have some Partnerships?
Gloria:
Yes, since launch, MojitoSwap has developed partnerships with several projects. Some of them you may have heard of, such as Coin98, SaffronFinance, PeckShield and Witnet.
Of course, the main ones are the KuCoin and KuCoin Trading Bot teams. In addition, there are many partnerships still under negotiation. You can follow our links for updates once it's officially announced.
Max:
I saw that Mojitoswap will have a launchpad, can you give our users more information about this?
Gloria:
🍹Yes. Launchpad is a very important feature of our roadmap. We've been planning this since last year. As we know, if we decide to deploy in the KCC, we have to take the initiative and bring in more projects. And finally, it's almost over.
To spoil it a bit, not like other launchpads, we won't have any tier system. Instead, we will have two pools to ensure everyone can participate in the launch. It works like this, one of the pools is a capped pool which means users can only contribute a limited amount for allocation.
And another pool will be an unlimited pool that users can contribute as much as they want. But the allocation of the token will be decided based on its share of the total fund raised. We think this kind of rule is better as it lowers the barrier for users to participate in launch pads.
And one more thing I want to share is that we will have a really cool project launch on our launch pad once it launches. Please keep an eye out for this. It will be huge for MojitoSwap and KCC!
Max:
Maybe add the chart and a short explanation of the total supply
Gloria:
The maximum MJT bid is 100 million. 75% of them are issued by mining. Among the remaining 25%, 10% of the tokens are allocated to labs for future investment and incubation activities. 6% of tokens are owned by a team that has been locked down for four years. 8% of tokens are used for branding and marketing.
And finally, 1% of the tokens are sent to the first KCC users. If you've used KCC before, you can probably still claim your airdrop tokens on our website. Be sure to go and check.
There is another chart of how tokens are issued in the mining part. The mining reward will be reduced by 20% every 180 days. And we also have a buy and burn mechanism to keep the deflationary token.
And more importantly, the first deflationary will be March or April.
Max:
😍 What does Mojito really hope to achieve in terms of applicability and usability of the NFTs and Metaverse released in it recently?
Gloria:
That's a very good question. As you all know, MojitoSwap has recently launched the profile function. On the profile page, users can set their avatars, names and other identities in MojitoSwap. At the same time, they can also use the adorable Lomen NFT as a profile.
The profile is not a great resource.
But it's MojitoSwap's staple product for the future metaverse. With the emergence of new technologies, new gameplay and new solutions, we believe that the on-chain world of the future will be much more powerful than today. People will move freely between various products such as Gamefi, NFT and DeFi. The profile will be the pass to use these different products.
Within the MojitoSwap ecosystem, Launchpad is the first step. Next is NFT and Gamefi. We are also negotiating with other projects to expand the ecosystem and build a metaverse together.
In addition, we are also building some connections with other major institutions such as KuCoin to expand the token's influence and build a greater future together.
Max:
Wow !!!!
KuCoin Trading Bot has just issued our Lomen NFT, so can Lomen holders also trade on Mojitoswap NFT Market Place?
Gloria:
Of course, the MojitoSwap NFT market will be launched this month, you can trade on MojitoSwap.
In the meantime, when we release this feature, MojitoSwap will provide activity for you.
Also, we offer an activity for guys who want more Lomen.
Also, I'm a big fan of Lomen and the Trading bot.🥰
Max:
Let's get into the second part
In the second part of the AMA open to community questions, our Guest will choose 5 questions to be answered, and those selected will receive 10$MJT as a prize for a total prize of 50$MJT.
Remembering that we have some rules to follow:
Users who repeatedly ask the same question or copy others' questions during this AMA session will lose their chance to claim the rewards. According to the timeline in the chat history, the user who asked the first question during this AMA session would qualify.
The AMA guest will choose and answer as many questions as possible if time allows, but only 5 entrants with the BEST questions will be selected as winners.
Users without a registered username or who have changed their username within 72 hours will be disqualified.
⚠️ A gentle reminder to everyone not to violate any of the free-ask rules, otherwise rewards will not be issued. 🙅
Well said that and everyone understood the Rules, I hope our Guest is prepared for many questions from our Great Community 😉
Gloria can select which questions.
recreatabu —
What are the advantages of working on the kcc network over others?
Gloria —
This is a very good question. I've shared this before. On the one hand, most of the team members are big fans of KuCoin and have been with KCC since its launch. We are very positive about the future growth of KuCoin and KCC. On the other hand, KCC has some of the lowest tx rates among all other networks. Why would you want to drive in a car that will cost more gas? KCC is one of the best options in my opinion and the most potential. We could have become KCC's "Pancake"
addicow —
@Gloria Have you audited this project? mjt is safe
Gloria —
Yes, we have completed the audit report. You can check them here.Audit: https://github.com/MojitoFinance/mojito-swap-farm/blob/main/doc/PeckShield-Audit-Report-Mojito-v1.0.pdf
siidase —
What makes Mojitoswap different from other NFT markets?
Gloria —
First, I would say it's our profile function and the game engine that we create for our users. We don't want to make Mojitoswap just a place to trade NFTs. We want users to be able to have fun while using our products.
Second, we will allow individuals to create their own NFTs on Mojitoswap. Although this function will not be activated soon after market launch. But it will be a very special feature that could empower more people to create their own NFTs.
ISHAN —
Hi!
You have some
Telegram Group
Youtube channel
site
channel of discord
Gloria —
Website: app.mojitoswap.finance/#/
Medium: http://medium.com/@mojitoswap
Twitter: https://twitter.com/MojitoSwap
Telegram: https://t.me/MojitoFinance
YouTube: https://www.youtube.com/channel/UCvqxoPgEQFsr7TFgnoBcPBw
Audit: https://github.com/MojitoFinance/mojito-swap-farm/blob/main/doc/PeckShield-Audit-Report-Mojito-v1.0.pdf
Trade on KuCoin: https://trade.kucoin.com/trade/MJT-USDT
ozgur —
Why is MojitoSwap only listed on Kucoin? Gloria
Gloria —
For MojitoSwap, we want to be a big project on Defi, so we paid more time to make the product in 2021. So MJT wasn't listed on a cex.
But since MojitoSwap was launched, we have reached 40 million TVL, which has the highest TVL in KCC.
MojitoSwap also achieved a lot of trading volumes on our dex which made 210,540,697 MJT burn, worth $508,971.16.
In 2022, we will try our best to make it better.
Congratulations 5 lucky and smart members, please send me your KCC wallet addresses to receive $MJT rewards. Thanks Gloria, this is a great AMA, I will try Mojitoswap more and more, hope we can buy Lomen on Mojitoswap soon! 😍
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