Fenix Finance x IM Community AMA Recap

IM COMMUNITY
8 min readDec 23, 2020

🐋 TELEGRAM AMA: Im Community & FENIX FINANCE 🐋
⏰ AMA Timing : 21 December 2020 l 03:00 PM UTC l 22:00 GMT+7
Venue For AMA : https://t.me/imcommunityitw

🎁 Reward Pool 100$ FXF token

Bà Tân | : Welcome @Michael_Fenix, @HarisonFenix from FENIX FINANCE

Bà Tân | : Welcome everyone. Today Im Community will host AMA with FENIX FINANCE

Bà Tân | : Please introduce yourself a bit @HarisonFenix

Harison : I’m CMO at FenixFinance , chief marketing officer

Manage and organize the marketing and grow the community,

I working about 4 years into crypto,

I’m Business manager and Communications Manager and i worked on some companies and

gained a lot of experiences

Bà Tân | : Today’s AMA will have 3 sessions

Sessions 1: The chat will be muted & the team will introduce themselves then we will ask some introduction questions to the team FENIX FINANCE

Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1340524040734220289).

Sessions 3: The conversation will open to the community questions and the 5 best questions will be selected

Bà Tân | : Rules to follow AMA :

Join : Telegram group FENIX FINANCE (https://t.me/FenixFinanceChat) , Channel FENIX FINANCE (https://t.me/FenixFinance) and IM Community (https://t.me/imcommunityitw) , Channel Im community (https://t.me/imcommunityit)

Follow: Twitter FENIX FINANCE (https://twitter.com/FenixFinance) and IM Community (https://twitter.com/IM_Communityitw)

Web & Community:

Bà Tân | : Start session 1 AMA

Bà Tân | : Question1. Could you give an introduction of yourself and your involvement with FENIX FINANCE? @HarisonFenix

Harison : I have sent already

https://t.me/imcommunityitw/389518

Let’s go next question

Bà Tân | : Question2. Could you explain for the crew here what is FENIX Finance, and what long term goals you have for the project? And tell us

Why you use defi and cefi ?

Harison : Sure

Harison : FENIX Is The First Cryptocurrency Project That Aims Solve Largest Issues In CeFi & DeFi

FENIX Wants To build a New

Version of

Decentralized Crypto Exchanges That Has The Ability To Support Two Network

(ERC20-TRC20).

We’ve choice two token type

ERC20 & TRC20,

Ethereum and tron network fees may change any time

you can withdraw your tokens as type of ERC20 or TRC20 you would like..

We will also launch monthly farms/staking pools for users and work with secure platforms

like Unicrypt.

According to future goals, we will be a bridge between Defi and Cefi platforms.

Done.

Bà Tân | : Question3. Could u tell us more about defi & Cefi ? And why you use two protocol?

Harison : As you know, there are similarities and differences between defi and CeFi.

First step we need to clarify Defi projects.

In the next step we need to create an integrated community to avoid potential investment &

risks.

In this way, people will have more information,knowledge and,references

To secure defi platforms, we must insure people’s capital and reduce the risks of security

attacks.

Final result:

❇️More decentralized activities

❇️ Financial transparency

❇️ Authentication (DeFi Projects)

❇️ Reduce investment risk

Done

Bà Tân | : Question4. You spoke about Fenix swap ! Can you tell us more about fenix swap ?

Harison : As we said before, Fenix Swap will support two networks(ERC20, TRC20) ,

New feature in decentralized exchanges.

This exchange will have many features for users:

Like:

Bridge between Ethereum & Tron,add liquidity,Low fee, useful interface, global,unlimited,fast

& secure

Also we’ll have a bug Bounty after the exchange launch.

We wanna bulid an easy-to-use Decentralized exchange that allow users to swap their erc20

and trc20 Tokens with low fee + With 24-hour support

We are try to add good facilities

For Fenix Swap That makes users easy to work.

Bà Tân | : Question5. Can you briefly describe the Top milestones you have achieved and your target milestones with timelines, also share your roadmap?

Harison : our airdrop has been over with success, then

We’ll launch fenix farm and

our more work will be on Q1 2021

We would like to have a good platform to launch staking program, And listing fenix on

Centralized exchanges

we are focusing more to build our decentralized swap

Bà Tân | : Question6. Can you tell us more on your partnership with @LID_ProtocolWhat advantage does it add to the project and what do users stand to gain from this partnership? @HarisonFenix

Harison : Liquidity Dividends Protocol (LID) solves the issue of Uniswap exit scamming by using

standardized non-custodial presale smart contracts that lock liquidity.

The Liquidity Dividends Protocol has developed new technologies for securely depositing

liquidity generated via presale into Uniswap. The goal is to license this technology out to

other projects which will end Exit scams.

Benefits:

All buyers will pay a fee in ETH. This will go into a referral pool where 2.5% of all deposits

are available to the pool. When someone uses your referral code you get 2.5% of what they

deposit.

Done

Bà Tân | : End of session 1

Bà Tân | : Rules to follow AMA :

Join : Telegram group FENIX FINANCE (https://t.me/FenixFinanceChat) , Channel FENIX FINANCE (https://t.me/FenixFinance) and IM Community (https://t.me/imcommunityitw) , Channel Im community (https://t.me/imcommunityit)

Follow: Twitter FENIX FINANCE (https://twitter.com/FenixFinance) and IM Community (https://twitter.com/IM_Communityitw)

Bà Tân | : We will move on to session 2

Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1340524040734220289).

Bà Tân | : Question1.Fenix Finance has 2 tokens in different networks namely TRC20 and ERC20, my question is, what do you do if there is a deep drop in the price of your 2 coins, is your project good for the future of long-term investors? @HarisonFenix

Harison : Both tokens are same,

It’ll be one token with two networks on the exchange like usdt

We have good plans and good product that can help us alot for long term .

Bà Tân | : Question2. Is thera a reason why did Fenix choose to lock liquidity in the LID Protocol? what is more important for Fenix Finance security or token prices?

Harison : Yes,

Liquidity Dividends Protocol(LID) solves the issue of Uniswap exit scamming by using

standardized non-custodial presale smart contracts that lock liquidity.

The Liquidity Dividends Protocol has developed new technologies for securely depositing

liquidity generated via presale into Uniswap. The goal is to license this technology out to

other projects which will end Exit scams.

Also we are always looking for security and token prices.

Bà Tân | : Question3. Fenix Finance will be the token on both Tron and Ethereum networks. My question is, when I pre-sell, what tokens will be sold? Will I be able to buy what’s on the Tron network?

Harison : Good question,

lid protocol accepted just Ethereum Contract

Fenix based on ERC20 and Trc20 are same

No diferent between of this two networks

It will be like usdt erc20 and Trc20

When you wanna withdraw your tokens

There are will be two Fenix token types Erc20 And Trc20, you can choice your token type

Optionally.

Also u can deposit Two networks (erc20 and trc20) to the exchanges.

Bà Tân | : Question4. Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?

Harison : You can check our Tokenomics here :

https://t.me/FenixFinance/20

70% liquidity will be locked on Uniswap,

Tokens(Team) will be locked for 10 months.

Bà Tân | : Question5. What is the most ambitious goal of your project? What is the ultimate vision that Your project is trying to achieve within the cryptocurrencies market? I would appreciate it if you could share with us any Upcoming Updates?

Harison : Sure,

Our main goal is ( Fenix Swap) in 2021.

Bridge between Ethereum and Tron

Also we’ll launch our staking/farming platform.

You can check our Roadmap here:

https://t.me/FenixFinance/12

Bà Tân | : End of session 2

Bà Tân | : We will move on to session 3

Sessions 3: The conversation will open to the community questions and the best questions will be selected

Harison : Thanks everyone 🙌

Bà Tân | : Over 500 questions have been submitted for session 3

Bà Tân | : @HarisonFenix Please choose 5 questions from the community and answer it .

Bà Tân | : Those who have not joined the https://t.me/FenixFinanceChat group will not be invited to answer questions by guests. Please join the group..

Q1. How secured is your smart contracts code, did you ever audit it via any third party? What has been the biggest challenge you have faced in FENIX FINANCE development ?

Michael : Good,

Our smart contract has been checked with Remix and smart check.

Also we will work with Certik(third party).

Q2. What is the structure of this project , is it decentralised or a open sourced protocol where everybody can contribute? If so, how does the governance plan on being handled??

Michael : We are an open source And

our exchange is decentralized

there are No restrictions for anyone

U check our RoadMap

Q3. How can a user take part in the governance of FENIX project ?

Michael : We are a Public(DAO) project,

Our token holders can participate in team planning for the future.

We will provide a platform for this soon,

and Token Holders can help us there

Q4.- Why did you decide to run the presale using Lid Protocol? Is it a safer and easier way for Fenix Finance? Does this mean that you have to pay commissions for the funds collected?

Michael : Yes, you can check Lid licenses.

The Liquidity Dividends Protocol has developed new technologies for securely depositing liquidity generated via presale into Uniswap. The goal is to license this technology out to other projects which will end Exit scams.

Q5. Each project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop a great project like yours??

Michael : We are try to building a good platform to make users work easy

Include two networks token, Decentralized swap,

We have much plan to do on 2021

You’ll see our progross as soon as possible,

Bà Tân | : End of session 3

Bà Tân | : For questions that have not been answered today, you can send them to https://t.me/FenixFinanceChat for answers.

Bà Tân | : Thanks for the useful information from @HarisonFenix

Michael : Thanks everyone, 👌👌

Bà Tân | : Thank you very much @HarisonFenix for leaving your time in AMA today with Im Community, thank you for providing interesting and useful information to the community. Thank you very much. Good evening.

🍀Jőhn L🍀 : thanks @HarisonFenix @Michael_Fenix for coming here today

Harison : Thank u everyone for supporting🌺

Bà Tân | : Today’s AMA winners please PM @quocnguyen1234 to provide reward information. Thanks everyone .

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IM COMMUNITY

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