Dexit Finance x Im Community AMA Recap
đ TELEGRAM AMA: Im Community & Dexit Finance đ
â° AMA Timing : 21 August 2021 l 04:00 PM UTC l 23:00 GMT +7
Venue For AMA : https://t.me/imcommunityitw
đ Reward Pool 100 USDT
Bà Tân | : Welcome @MODEXIT, @DexitDavid, @AdamDXT from Dexit Finance
Mo Sabbagh : Thank you.
Bà Tân | : Welcome everyone. Today Im Community will host AMA with Dexit Finance.
Bà Tân | : Today our guest is: @MODEXIT, @DexitDavid, @AdamDXT from Dexit Finance.
Mo Sabbagh : Pleasure being here.
Mo Sabbagh : Also we have Brad and Matt
Bà Tân | : Please introduce yourself a bit: @MODEXIT, @DexitDavid, @AdamDXT.
Bà Tân | : Hi Brad and Matt .
Mo Sabbagh : Iâm Mo an active team member of the Dexit.Finance team, I work on marketing and in real life i work as team leader for an organisation.
David : Hello I am David,
part of the Dexit.Finance team, responsible for digital communication and in real life an international business student.
Adam R : Hello. I am Adam. I am from Canada. I work with the technical and marketing teams.
Bà Tân | : Thanks for the introduction from the Exit Finance team.
Mo Sabbagh : Dexit.finance thank you đ
BĂ Tân | : Todayâs AMA will have 2 sessions
Sessions 1: The chat will be muted & the team will introduce themselves then we will ask some introduction questions to the team Dexit Finance
Sessions 3: The conversation will open to the community questions and the 10 best questions will be selected.
Bà Tân | : Requirements:
đŁIm Community (https://t.me/imcommunityitw)
đŁDexit.Finance Official (https://t.me/dexit_finance_official)
đŁTwitter Dexit Finance (https://twitter.com/DexitFinance)
Bà Tân | : Start session 1 AMA @MODEXIT, @DexitDavid, @AdamDXT
Bà Tân | : Question1. First, give a brief introduction about the Dexit Finance to the community.
Mo Sabbagh : DeFi will absolutely disrupt the financial system; and it already has through various blockchain and the tools they provide. Decentralized Finance protocols allow anyone to participate in a frictionless monetary and automatic market making system that allows for cross-border exchange. Automatically, securely, peerlessly, and without the need of a bank or financial system interfering.
For one, anybody can act as a bank; borrowing and lending assets at their own discretion at extremely competitive yields.
Dexit Finance aims to provide a multiple-layer residual income system through existing PoS-A algorithms combined with the ability to truly own your own assets. We are building a blockchain and native token that allows for cross-chain (eth, bsc, etc) participation in defi through our Dex, as well as a proven system to benefit from multiple streams of residual income through a deflationary and inflationary mechanism.
BĂ Tân | : @MODEXIT, @DexitDavid, @AdamDXT Please say âDoneâ when you have finished the question, thank you.
Mo Sabbagh : Done
Bà Tân | : Question2. What products are the Dexit Finance team developing? and What special features does Dexit Finance have?
Mo Sabbagh : dexit.finance aims to create a Blockchain, DEX, and Wallet with cross-chain swapping & trading w/ gas fees cheaper than BSC/ETH. DxT will provide up to 6 streams of residual income via Staking, YF, and constant burns per block/Txn.
Ecosystem with lower gas fees than any other blockchains
Done âď¸
Bà Tân | : Question3. What role does the $DXT token play in your ecosystem? What are the benefits of holding it?
Mo Sabbagh : $DXT is the native Token in our mainnet. We will use $DXT as fee and Gas token and investors will be benefiting from redistribution (BSC) re-allocation of fee (KuCoin).
Done
Bà Tân | : Question4. What is Dexit Finance plans for this year?
Mo Sabbagh : Dexit Finance plans this year are to increase our development team. Currently we have 3 blockchain developpers working on the project.
Expand our presence in international communities with Dexit ambassadors
We hope to have a live product by end of 2022
Also will be getting an audit and a smaller exchange listing by Dec
Done
Bà Tân | : End of session 1
BĂ Tân | : Weâll move on to session 2
Bà Tân | : Sessions 2: The conversation will open to the community questions and the best questions will be selected.
Bà Tân | : Requirements:
đŁIm Community (https://t.me/imcommunityitw)
đŁDexit.Finance Official (https://t.me/dexit_finance_official)
đŁTwitter Dexit Finance (https://twitter.com/DexitFinance)
BĂ Tân | : Donât forget to join the group https://t.me/dexit_finance_official
Bà Tân | : Thanks for the questions from the community.
Bà Tân | : @MODEXIT, @DexitDavid, @AdamDXT Pick the 10 best questions and answer it for session 3.
What are the attractive features in your project? What is the vision and goals in your project that you want to achieve in 2021 and beyond?
Mo Sabbagh : dexit.finance aims to create a Blockchain, DEX, and Wallet with cross-chain swapping & trading w/ gas fees cheaper than BSC/ETH. DxT will provide up to 6 streams of residual income via Staking, YF, and constant burns per block/Txn.
Q1. Is your platform suitable for Crypto beginners? Or does it only appeal to professional users?
Mo Sabbagh : Yes,
Our ecosystem will be user friendly and you will be able to trade all in one place.
Q2.How do you plan to stay updated and relevant How do you keep promoting this project, do you have plans to make use of social medias?
Mo Sabbagh : Yes,
We will be holding live videos AMA in big crypto channels on facebook.
Also we are now listed on Coingecko and we have applied for Coinmarketcap which will promote the product and be more visible to investors.
Q3.Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project?
Mo Sabbagh : Yes,
We are aiming to involve more communities from all over the world , and us holding AMA with the Vietnamese community is a prime example đ đ
Thank you.
Q4.This game is fully run on Binance Smart Chain or do you plan to use your own system to lower the costs of playing (fees)?
Mo Sabbagh : Answer
Currently the $DXT is a BSC token that benefits from redistribution of Tax eventually once the mainnet/blockchain built $DXT will be the main native token to be used for gas fees.
Q5.How will you ensure about the data safety of users on the platform?
Mo Sabbagh : Answer,
besides our already existing token being established as a secure pOs-a coin on the binance smart chain we are planning on introducing safety mechanisms such as âoracle guard.â
We plan on allowing swapping via dex at cheaper gas fees than the traditional systems such as BSC and ETH, similar to these protocols we are protected from a 51% byzantine attack.
Q6.The COVID-19 outbreak has affected every business in the world. Is your project affected by this? Is it in a better way or a bad way?
Mo Sabbagh : Answer,
As it stands currently Covid-19 would not be an issue as our blockchain is based online.
Q7. I know at this moment, the most Necessary for your project is Community. what is your plan to set a solid and strong community? Where can people reach about you and be part of your community?
Mo Sabbagh : answer,
The Dexit community is one of our strongest assets. We have many investors with long term visions. Our TG community is growing everyday and the admin/dev team is always active.
Q8.đĽđĽ Can you give me the 3 best characteristics to convince me and other investors to invest in your project for a long time?đĽ
Mo Sabbagh : Answer,
We have a strong community , and this is a community based project.
Alot of holders and they a long term holders.
Great development team
A team that think big and reach high.
Q9.Partnership is always an important factor for every project . So who is your partner? What are the benefits you get from those relationships?
Mo Sabbagh : Answer,
We are in contact with other projects out there to have a partnership together, however we still think itâs early for that stage.
Thank you
Q10.Does your project also provide a platform for Dex, STAKING and Farming in future plans? To increase profits for token holders?When do you think of integrating other blockchain into the project like BSC, HECO? Any plans for higher coverage?
Mo Sabbagh : Answer
Mainnet (Dexit.Network) has deflationary and inflationary mechanisms to control supply â compounding variable APR/returns voted by governance, and controllable burn per fee (gas fee/ transaction/ block reward).
Dexit.Network & Dexit.Finance will provide up to 6 streams of residual income via Staking(become a validator node or supply to pool), YF(yield farming), and redistribution of trading/swap & transaction fee.â
Done
Bà Tân | : Thanks for the useful information from @MODEXIT, @DexitDavid, @AdamDXT
Bà Tân | : End of session 2
Bà Tân | : For questions that have not been answered today, you can send them to @dexit_finance_official for answers.
Basically we want to encorperate the best qualities of BSC (Redistribution) Kukoin ( reallocation of fees ) and Hydra staking
Adam R : Thank you guys
Mo Sabbagh : Thank you everyone
Bà Tân | : IM Community, if you would like to know more about Dexit Finance ! here are some useful links for you:
Official Website: https://dexit.finance (https://dexit.finance/)
Twitter: https://twitter.com/DexitFinance
Telegram: https://t.me/dexit_finance_official
Facebook: https://www.facebook.com/Dexit.Finance
Github: https://github.com/Dexit-Finance/DexitFinance
Medium: https://medium.com/@Dexit.finance
Bà Tân | : Allright, I declare the Im Community AMA with Dexit Finance has ended.
Thanks to @MODEXIT, @DexitDavid, @AdamDXT | Dexit Finance joined us and provided us with Dexit Finance information, we hope that this knowledge makes us understand more about https://dexit.finance (https://dexit.finance/)
To the members, thank you for following this event to the end. winners will be announced soon.
BĂ Tân | : Todayâs AMA winners please PM @quocnguyen1234 to provide reward information. Thanks everyone .
