We just finished our AMA with Dino Exchange & our guest Cebastian (CEO)
So here we will put the questions that you maybe want to know it`s answer :
Q1: Can you Kindly Introduce yourselve to our community?
Hi everyone. It’s Cebastian, CEO of Dino.exchange. I have been in crypto for more than five years.
Q2: Can you give us a general idea about DINO EXCHANGE project?
Dino.exchange is an automated market-making (AMM) decentralized exchange (DEX) running on Binance Smart Chain with many features that let you earn tokens by yield farming or playing games on our platform.
We want to create an environment where people can do yield farming with sustainably high APR.
Q3: Please tell us about the biggest milestone you have ever achieved ?
We have completed our AMM DEX at swap.dino.exchange on our launch today April 19. You can swap for $DINO here. Farming will also come next week!
Q4: Can you give us a sneak peak of your Roadmap?
sure, you can read our road map in the graphic above
Q5 :So, do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?
yes we do. Token burning and buy back mechanism are in development phase. This will boost the scarcity of $DINO token and increase its value.
Q6: We’re concerned about 2 things - Marketing and Rugpull. What are your marketing plans? How can you guarantee us no rug-pull?
we are working with giants in smart contract auditing, their results will ensure our security. We will also soon announce our strategic partnerships. No big names want to partner with rugpull project, don't they?
Q7: From where you get the project name? What does it means to you? And why you choose this name for your project?
we named our project DINO. We aim to be a Giant Dino in a new age of DeFi on Binance Smart Chain.
Q8: Do you have any plan for building Nfts into your eco system because that is the hottest topic on crypto space?
we know NFT is also a trend recently. That’s why we are also developing NFT-integrated protocol to Dino.exchange. We’ll will soon announce more news about this in our channels. Make sure to tuned in for more updates at @dinoexchange.
By the way, don’t miss your chance to participate in our public sale at Link - the price is still very tasty :D
$DINO contract address: 0xf317932ee2C30fa5d0E14416775977801734812D
Q9: How can users stay updated with this project? Are there channels, including local communities where users can get the latest updates?
Please follow us for fastest updates on the project here
Q10: "STAKING" is one of the STRATEGIES to ATTRACT USERS and HOLD Them long term.Does your GREAT PROJECT have plan about Staking?
Farming and staking are becoming increasingly popular in the DeFi ecosystem. While all projects provide the same basic yield mechanisms, the increasing value actually depends on the ecosystem as a whole.
The Dino protocol aims to provide not only idle farming but also real use cases: DeFi products which users can actively participate in (e.g., provably-fair games) and DeFi-enabled ones (e.g., wallet and Dapp browser). Use cases are king.
Besides, APR and exclusive pools will be our competitive advantages. Our tech will ensure the highest APR possible so farmers can enjoy tasty passive income
Q11: Can you list 1-3 killer features of your project that makes it ahead of competitors? What is the competitive advantanges your platform has that you feel most confident about?
Our advantages come with our other features that most of of our competitors do not have, they are:
An algorithm that aggregates different liquidity protocols to discover the most efficient swap for your buy/sell order to maximize the tokens received.
A statistical automatic analysis system that assists users in capturing market information.
All in one - an asset management portal for decentralized finance (Defi) on BSC. Users can log in with their wallets and see all their assets in one place, as well as simple interfaces for making further investments – in yield farming, liquidity mining, or simply diversifying their token holdings.
Provably-fair games run on top of the DeFi ecosystem, such as lottery, dice, and more.
Each game will have a unique mechanism to lock/burn DINO tokens to reduce the circulating token supply.
Binary Option Trading
The first decentralized binary option, in which the platform plays a neutral role. A portion of trading fee will be used to burn and buyback tokens.
Offering the Limit Order functionality for all the DinoExchange users on the platform. It will allow users to fully control their order by buying and selling at a specified price.
Leveraged and margin trading, also on top of the decentralized order book exchange.
Fully functional and responsive mobile DApp for both Android and iOS to ensure 24/7 access to the DinoExchange ecosystem.
Integrating the DINO token into payment gateways on iOS and Android for users to make rapid and convenient purchases
Cross-chain swap on DinoExchange DEX allows users to swap their cryptocurrencies across popular blockchains, without having to switch between platforms.
Q12: Can you explain the overall tokenomics and liquidity locks about $DINO and Dino Exchange?
The tokenomics of DINO can be broken down as follows
Chain: Binance Smart Chain
Contract Address: 0xf317932ee2C30fa5d0E14416775977801734812D
Total Supply: 200,000,000 DINO
Emission Rate: 6 DINO / block
Block Reward: Current block reward is 6 DINO
The initial emission rate is 6 DINO per block. And the emission rate will be reduced by 3% every 864,000 blocks (~30 days).
Unlike other yield farms where developers manually reduce emission rates according to their own wishes, our emission rate reduction logic is coded in the smart contract. It will be executed once update Emission Rate is called every 30 days.
This mechanism will greatly reduce the total supply and make our token rarer and help make DINO more valuable to hold.
Q13: What effect does $DINO have on Dino Exchange ecosystem? Holding $DINO , what benefits will users receive?
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 DinoExchange.
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.
Q14: So many Rug Pulls heppenig nowdays. and almost 90% project with anonymous team do rug pulled. How can we sure that You are not like them and we can invest in your project safely?What features/improvements/Betterment are you planning to add to your products in the near future?
We follow a proven and established convention for token locking. All tokens under a vesting schedule will be stored in timelock contracts. This brings the utmost level of financial security for the project.