On May 30th 2021, our community had a chance to welcome Ms. Christine Nguyễn - Manager of Dino Exchange in Asia to join in an AMA to give fruitful information about the key features and roadmap of Dino - a complete DeFi Ecosystem built on Binance Smart Chain.
This AMA was held by CryptoFamily Group – the top crypto community in Vietnam, where investors and traders can obtain the latest news and signals from bot/ admins, as well as discuss and share investment experiences in the crypto space.
At this AMA, Ms. Christine Nguyễn - Manager of Dino Exchange in Asia directly greeted the community and provided detailed information on Channels Finance as well as some key products, new advanced features and exciting events that will be held in the near future.
Time: 20:00 PM (UTC + 7) on Sunday, May 30th, 2021
Venue: https://t.me/CryptoFamilyGroup
Airdrop 200 USDT for the best questions in the AMA.
Below are some main points of this AMA session:
PART I: INTRODUCTION OF CHANNELS FINANCE
CF: In the first part of our program, Ms. Christine will be sharing with us about DINO and Yield Farming - a feature that is expected to become the launch pad of Dino.exchange to help DINO fly to the moon faster.
You guys can take your time to learn about the project first through the links below:
1. Website
http://dino.exchange/
2. Product DINO:
https://docs.dino.exchange/dino/
3. Roadmap DINO:
https://docs.dino.exchange/dino/dino-roadmap-1
4. Tokenomics of DINO
https://docs.dino.exchange/dino/tokenomics-1/tokenomics
5. Social Network DINO:
- Follow Twitter: https://twitter.com/dinoexchange
- Join Telegram Notification: https://t.me/dinoexchangeann
- Join Telegram Community: https://t.me/dinoexchange
6. Social Network Dino another Country:
- VN Community: https://t.me/dinovietnam1
- China Community: https://t.me/dinoexchange_cn
- Korea Community: https://t.me/dinoexchange_kr
CF: Hello Ms. Christine, it’s our great honor to have you here at Crypto Family Group. Could you introduce us to the DINO token and Dino.exchange exchange?
Christine: Hello everyone in the group. I am honored to share with everyone about DINO and Dino.exchange. Let me summarize the answer to your question in the following points:
- Dino.exchange is a decentralized exchange - DEX (Decentralized Exchange) on the Binance Smart Chain (BSC) platform.
- We stand out for low fees, fast transactions, no intermediaries, and security and safety
- DINO is the exchange's token, and it increases in price as we grow and have more supporters.
CF: What about the Yield Farming feature that has just been released? In your opinion, what benefits does it bring to investors, and users of the Dino.exchange platform?
Christine: First of all, I would like to inform everyone that Yield Farming will be launched on June 1 on Dino.exchange. And I will give a few objective comments about Yield Farming, as well as its advantages
Currently Yield Farming is one of the features that make the crypto market exciting and help holders increase their profits in a fastest way. I don't think I'm exaggerating when I use the word "incredible" when talking about profits. Quite possibly up to several thousand percent. Now, investors of DINO coin can both receive profit when the coin increases in price, go to the farm and receive huge profits from rewards and interest when Farming. No matter how bullish and bearish the crypto market is out there, you're still profitable
CF: I want to ask how much profit Dino.exchange can bring? And in APY or APR?
Christine: The profit completely depends on the volume of assets invested in farming as well as the farming time period
Can go up to 1500% on APR. At the same time, we do not block the amount of DINO you can farm. You can also harvest at any time.
CF: What currency pairs can be used for farming on Dino.exchange now and how can I use this Yield Farming feature?
Christine: Users can now use the DINO/BUSD pair for farming.
As for how to use Farming, I think you should watch the video that I am sending below, it will be much clearer.
CF: The information you provided is really fruitful. To continue today's AMA session, please provide more information by responding to some best questions submitted by members on Twitter that I have chosen right in this Group.
PART 2: PRE-COLLECTED QUESTIONS FROM TWITTER
1. Could you please provide us with an overview about tokenomic on Dino.exchange? @Siena1820273
Christine: The tokenomics of DINO can be broken down as follows
- Ticker: DINO
- Chain: Binance Smart Chain
- Total Supply: 200,000,000 DINO
- Emission Rate: 6 DINO / block
Users are rewarded with DINO tokens for staking their funds on the platform. They can then stake their DINO tokens to earn other types of tokens on special staking pools.
The DINO token can use for participating in community governance where users can vote on decisions relating to the direction or running of Dino.exchange
Holders can also use DINO to participate in different games on the platform and have a chance to win attractive prizes. More token use cases to be updated in the future.
2. How do you see the potential of Asian market and especially Vietnam in terms of cryptocurrency? Will Dino.exchange focus on your advancement in Vietnam?
Christine: Our mission is to let the world know more about crypto and create true values.
We aim at exciting markets such as Europe, America, Middle East and Asia...
Asia and especially Vietnam are currently open markets I believe that not many people understand about crypto and Blockchain. This is definitely a good chance to build our name in these markets.
3. I have seen Dino's roadmap, and saw that there are NFTs developing, I don't know when will you release it and is it happen soon because NFT is currently a hot trend. Besides, if you got it Dino's NFT has outstanding advantages with other products?
Christine: I love NFT and DINO project can't just overlook this trend. We believe that NFT is a large and potential market full of different communities. We aim to build an unique community of our own. Our development team is focusing on tailoring our proposals and work with different various contact points to build special features related to NFT
4. I love NFT and DINO project can't just overlook this trend. We believe that NFT is a large and potential market full of different communities. We aim to build an unique community of our own. Our development team is focusing on tailoring our proposals and work with different various contact points to build special features related to NFT
Christine: An interesting question. That's also one of our advantages. That's also one of our advantages. Our team always want to optimize our gas fee on
Binance Smart Chance based on Gas Limit and Gas Price.
Although it's already quite affordable of
approximately $0.1-$0.5/ transaction. Depends on how BSC platform performs, we can solve the problem of transaction pending
ultilising an increase in Gas fee.
5. We really want to know more about the Yield Farming feature. When is it released? Can you please tell us the merits it brings to DINO holders, and furthermore how Yield Farming works on Dino.exchange?
Christine: I'm happy to announce that Yield Farming will be launched on June 1st.
And I'd like to share some few fair opinions about Yield Farming, as well as its merits."
"Currently Yield Farming is one of the best features that make the crypto market become so dynamic and help holders to optimize their profits. I don't think I'm exaggerating when using the word ""amazing"" to talk about profits, which can be lifted up to thousands percent.
Now, DINO investors can receive profit when the coin increases its price beside investing on farm and then get huge profit from rewards and interests from Farming.
No matter how the crypto market goes up or down, you still have profits.
CF: That's the end of Part 2, I believe all of the members here have gathered enough useful information, also they have many questions to exchange with you today.
PART 3: FREE-ASKING QUESTIONS
1. I find the fact that the theme of the project refers to dinosaurs is striking and interesting. As other exchanges adopt the theme of unicorns, pancakes, etc, you decided to adopt the theme of dinosaurs, why? I would like to know the story that made you make this decision.
Christine: We love the image of dinosaurs. They are truly strong and fierce. The remains of dinosaurs are truly history and it’s so valuable for the human’s race. We would love to make history with DINO as well.
However, instead of a fierce image, we decided to make it friendly and still strong so that you guys will love DINO more. That’s why you are seeing a lovely pink DINO.
2. You mentioned that by playing games in your platform, we can earn $DINO token. What is the most popular game that you have develop which is easy to understand by newbies? Can you give us guide on how to earn while playing this game?
Christine: As you can see in the roadmap! We plan to open BO, lottery,gamble games, and also NFT game,.. you can use Dino as a currency in the game and win it or harvest it like investment platform games! When the games realeased, we will show you guide in details. Maybe in near future you gonna have a farm with various type of dinosaurs! Wait and see
3. COVID 19 has decimated many economies around the world but as a crypto business, does it affect you negatively or positively??? Second, are you still on track to achieve your ambitious goals as the road map says?
Christine: Firstly, for other fields and the whole economy COVID-19 might had bad effects but for us we have been taking it as a chance. People will more likely finding fun at home and have to find another opportunity to invest. I think it is not only an advantage for our project but for the all crypto market. Secondly, That is our priority, keep on track and hold the line with the roadmap. We will show you more features than just the roadmap in following months
4. Do you have a Token Burning plan to increase Token value and attract Investors to invest?
Christine: We follow DINO's fixed total supply , so burning won't make as much sense as models where tokens are continuously printed. However, we will monitor future activities and suggest to the community appropriate adjustments to token burning. Part of the fees when users trade on DINO's exchange will be used as staking rewards. This reward substance is used to redeem DINO from the DINO-BNB pair and then to staking users under DINO units. Sincerely send information to you!
5. Is your project supporting a local community too? What are your plan to increase awareness and adoption where English is not spoken??????????
Christine: Recently, we already have community in USA,Russia, Indonesia, Vietnam, Korea, Taiwan, Thailand and China. We are focusing on the development of the product( project) so have not spend much on marketing. But in next month when farming and other features completed and launched we will focus on marketing and brand awareness! Btw We love people in Vietnam and will first spend more time and resources for your country
CF: Thank you so much for taking your time to join our AMA today, as well as thanks for hundreds of good questions from our community.
Seems like there're many things to exchange, but I'm afraid the time is up now. For all of the questions that have not been answered yet, guys feel free to search for more information on the links provided below:
Website | Twitter | Telegram | Medium
