Recap of AMA with BSC.news on 4/21/2021

Our CEO and Founder Shanron completed an AMA today with Lola of BSC.news on Telegram. If you missed it or wanna see it again, the transcript is provided below.

DeFi Shanron: Hello guys, it’s a pleasure to be here!!

Lola |CM|AMA HOST|: Welcome Shanron! Hope you’re good.

DeFi Shanron: Yes, I am great!

Lola |CM|AMA HOST|: Good to hear that. So shall we start?

DeFi Shanron: Yes I can’t wait and I am sure the community is also ready!!

Lola |CM|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?

DeFi Shanron: Yes of course!

DragonBall Finance 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 |CM|AMA HOST|: This sounds great.

Q2. How many team members do you have working with you? And can you also tell us their roles?

DeFi 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 |CM|AMA HOST|: That’s great. And how has been the Journey so far?

DeFi 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 !!

Lola |CM|AMA HOST|:

Q3. Can you tell us how Farming and staking works in Dragon Ball Finance? What’s the reward Percentage?

DeFi 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 at https://docs.dragonballfinance.org/dragonballfinance-products/farms and https://docs.dragonballfinance.org/dragonballfinance-products/pools. 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

Lola |CM|AMA HOST|:

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.

DeFi 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: dragonballfinance.org/audit.pdf

Lola |CM|AMA HOST|:

Q5. How many Partners do you have? And what do you expect from them?

DeFi 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 |CM|AMA HOST|: That’s good. And what stage do you plan to make that happen?

DeFi 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 the month! That will really boost DBALL use case and price in my opinion

Lola |CM|AMA HOST|:

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?

DeFi 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 DragonBall Finance train!

Lola |CM|AMA HOST|:

Q7. Can you share with our community the plans you and your project have for this year and the coming years?

DeFi Shanron:

DragonBall Finance is here to stay. We have built a roadmap that allows the project to create an ecosystem where the native token has 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 |CM|AMA HOST|: Great👍

Q8. What are the major challenges of Dragon Ball Finance and how do you intend to solve them?

DeFi 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 layered farming, a perpetual way of high-risk high-reward gains that will happen weekly and will boost DBALL price and liquidity !!

Lola |CM|AMA HOST|:

Q9. Lastly our favourite question, do you have any alpha or juicy news for us in BSC News today?

DeFi 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 providing 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!

COMMUNITY QUESTIONS

Q1: Hi, you know that now is like to many people have the own yield farm, so as an investor I want to ask. What make DragonBall Finance different as the the rest of the similar projects? And what your team are doing to have or improve the results after your IDO? Thanks

DeFi Shanron: The difference is DBALL will have multiple use cases and way to take it out from the market and the pool and many mechanics that allow the token to be taken out of circulation increasing scarcity and demand

Q2: Can I ask dragon ball if u are doing a IDO launchpad thing like everyone else, how will u get projects to launch with u?

DeFi Shanron: We will screen out every project and help them market. The project will have an AMA in our community and we will check the contracts and make sure the devs have no way to rug.

Hopefully you caught the major announcements that are coming soon to DragonBall Finance. I guarantee you won’t want to miss what’s coming.

Keep Farming & HODLing DBALL,

DragonBall Finance Team

DragonBallFinance is the first fully decentralized sustainable all in one defi platform on the Binance Smart Chain with the dragonball theme !!

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