JumboDefi x IM community AMA RECAP

IM COMMUNITY
8 min readNov 29, 2021

TELEGRAM AMA: Im Community & JumboDefi 🐋
⏰ AMA Timing : 25 November 2021 l 03:30 PM UTC l 22:30 GMT +7
Venue For AMA : https://t.me/imcommunityitw

🎁 Reward Pool 100 USDT
Bà Tân | :
Welcome everyone. Today Im Community will host AMA with JumboDefi

Bà Tân | : Today our guest is: @Jumbolight & @jumbomoon from JumboDefi

Ahrix : Welcome @Jumbolight & @jumbomoon to the IM community

Bà Tân | : Please introduce yourself a bit @Jumbolight & @jumbomoon ���

Jumbo : Hi guys

Jumbo : I’m Jumbo…from JumboDeFi

Jumbo : OK, 80% text + picture, only 20% voice for saying hello… don’t worry. :D

Jumbo : done

Bà Tân | : Thanks for the introduction from the JumboDefi team.

Jumbo : Website:https://jumbodefi.io/

medium:https://medium.com/@jumbodefi

discord: https://discord.com/invite/8SCtkampCv

Twitter: https://twitter.com/JumboDefi

International: https://t.me/JumboDefi_Official

Chinese: https://t.me/JumboDefi_Chinese

JumboDeFi = DeFi 2.0

Bà Tân | : Today’s 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 JumboDefi

Sessions 2: The conversation will open to the community questions and the 10 best questions will be selected.

Bà Tân | : Requirements:

���Im Community (https://t.me/imcommunityitw)

���JumboDefi Community (https://t.me/JumboDefi_Official)

���JumboDefi (https://t.me/JumboDefi_Chinese)中文官方社区 (https://t.me/JumboDefi_Chinese)

���Twitter JumboDefi official (https://twitter.com/JumboDefi)

���More information about JumboDefi :

���Website (https://jumbodefi.io/)

���Medium (https://medium.com/@jumbodefi)

���Discord (https://discord.com/invite/8SCtkampCv)

Bà Tân | : Start session 1 AMA

Bà Tân | : Question 1.Can you briefly describe what is JumboDefi? We would like to know more about it and how it works.

Jumbo : Sure!

Jumbo is an OHM hard fork project based on Binance Smart Chain. Originated but different from OHM, OHM and other hard fork projects all rely on the stable token itself as the main source of income, and Jumbo uses OHM’s coin offering mode as a token offering model.

Actually, we aim at establishing the DEFI 2.0 model. To form our moat through self-built mobile pools, and to buy back and increase the market value of JUB’s treasury through all the exchange fees.

Jumbo = DeFi 2.0

Done

Bà Tân | : Question2. What are the unique features JumboDefi provides as compared to other projects?

Jumbo : 1. Team: have experienced in DeFi project, make listed on big exchanges

2. Model: Compared with other imitation discs, our mode is not a simple stable token mode, but an OHM+uni mode, and it is not only a simple 1+1 principle, but also an effect of 1+1 > 100.

3. Investment institutions: cooperates with many well-known DEFI projects.

4. Users and communities: 100+ large-scale communities.

From this DeFi 2.0 itself, I would like to talk a bit more

Bà Tân | : Question3. What role does the $JUB token play in your ecosystem? What are the benefits of long-term holding?

Jumbo : jumbo has two built-in functions, one is staking and the other is bond. Both of which can get arbitrage opportunities. If most people in the community choose to stake and keep compound interest issuance, then the token price will rise steadily, which is a win-win situation for you, others and the project party.

Of course, if the bond has enough benefits, it can also be swapped. The bond mode is to unlock at 20% every day for 5 days, so there will be no selling immediately after arbitrage.

However, JumboDeFi 2.0 will use its own treasury assets LP and DAO assets as LP providers, and all LPs will be established by itself, so that all transaction fees will be fully earned by JUB’s currency holders, and the profit will be X 3–10 more comparing to Centralized exchanges.

done

Bà Tân | : Question4.What events is the JumboDefi project organizing ? What is the achievement that JumboDefi team has achieved ?

Jumbo : oh,nice question

Yeah,we had already over 100 + KOL, 70+ are in Chinese community, 30+ for English community. Just check it out!

Our Jumbo KOL plan never stops! This is just a warm up! Our next stage is going for 500+ KOL!

���Jőhn L��� : wow

Jumbo :

https://t.me/imcommunityitw/2204265

https://t.me/imcommunityitw/2204266

https://twitter.com/JumboDefi/status/1463449181813501953

And more to come!

Done

Bà Tân | : Question5. What is the current and future development roadmap of the JumboDefi project?

Jumbo : The token name JUB is the hard fork of OHM on BSC chain. The project has been innovated on the basis of OHM. “DEFI2.0” has the characteristics of the combination mode of OHM treasury reserve and self-built liquidity +UNI liquidity.

We are taking the opportunity to become the largest decentralized exchange on BSC chain, and our moat is a self-built mobile pool. Unlike other swaps, as long as new mobile mining swaps come out, it is possible to steal users’ liquidity and go to other places to mine.

At the beginning of November 2021

Build momentum before starting

Mid-November 2021

Beta launched

At the end of November 2021

Carry out IDO

December, 2021

IDO post-marketing activities

January, 2022

Update of terminal and user experience

The first quarter of 2022

Add multiple liquidity

The second quarter of 2022

Investment and strategic partner announcement

The third quarter of 2022

Log into a mainstream decentralized exchange

The fourth quarter of 2022

DEFI2.0 beta

Done

Bà Tân | : Alright, Session 1 has finished perfectly. Appreciate your detailed responses @Jumbolight & @jumbomoon ���

Bà Tân | : End of session 1

Bà Tân | : We’ll 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 | : Don’t forget to join the group https://t.me/JumboDefi_Official

Bà Tân | : Group will unmute now so everyone can ask questions.

Bà Tân | : Thanks for the questions from the community.

Bà Tân | : Now let’s give our dear guest @Jumbolight & @jumbomoon some time to go through them

Bà Tân | : @Jumbolight & @jumbomoon Please choose the best 10 questions and answer it for session 3, thank you.

Q1.@duluxz Could you talk about Guardian Program?

Jumbo : Sure I can do that

Yeah, pretty tricky, I will go fast…too many…

During November 20–25, in order to protect the interests of early investors, the “Guardian Program” lasts within five days of the launch. During Nov. 20 to Nov. 25, users who purchase at a price < 100U, have not sold any JUB, keep staked or LP exchange will be guarded for 3 months. That means on February 25, 2022, if there is a loss, a compensation will be paid by the official based on the data:

(Note: This does not mean that the price can only reach 100u. This is just a way for us to control the price not to rise too quickly. If we do not impose restrictions, we are worried that the price will pump to 1000u on the launch, which will only benefit speculators and harm long-term investors.)

Q2. Do we have any plans to log in the decentralized exchange? When?

Jumbo : Yes we do

Definitely, we plan to log in the decentralized exchange, because some of the projects we have participated in before are frequent visitors of the three major exchanges. There is no doubt for Jumbo. The time may have to be kept secret.

The Jumbo Team has got background of leading DeFi project that already listed in major exchanges! People coming from well-know project like O3, etc….we can’t release more details due to privacy. But you will see!

Q3. Trust is very important in business, what makes investors, customers and users feel safe when working with your project ?

Jumbo : Yes sure!

At the beginning of the project, we will be completely open source. Anyone who can understand the contract will help you supervise. If there is any problem, we will be exposed and distrusted.

Our audit needs to submit the application after the contract goes online. It is expected that it will take some time, and we will definitely conduct the audit.

Q4. Will private placement of IDO lead to dump? Any gameplay suggestions about jumbo?

Jumbo : Don’t worry!!

The rules of whitelist and private placement unlocking are to give a bond token pJUB. And they can unlock the corresponding 1% after every 50,000 additional JUBs. Therefore, there are 90% as staked and LP, treasury funds. 1% can’t be dumped.

Jumbo has two built-in functions, one is staking and the other is bond. Both of which can get arbitrage opportunities. If most people in the community choose to stake and keep compound interest issuance, then the token price will rise steadily, which is a win-win situation for you, others and the project party.

Of course, if the bond has enough benefits, it can also be swapped. The bond mode is to unlock at 20% every day for 5 days, so there will be no selling immediately after arbitrage.

Q5. What unique features did Your project make from its tough competitors to set it apart and can you provide some roadmaps for 2021 into the future?

Jumbo : umboDefi (JUB), Klima DAO (KLIMA), Olympus (OHM), Tokemak (TOKE), Convex Finance (CVX) and Abracadabra (SPELL) are currently on the market with leading characteristics.

Among them, Jumbo, as a rising star, is the only project on the BSC chain. We will focus on sharing several major innovations of JumboDefi2.0 today to see if JumboDefi2.0 has the potential to grow into the next generation of UNI.

Q6. A strong community not only brings interesting ideas to the project but also attracts larger partners. So how is GIIS initiative planning to build its community? And is there a plan to recruit people with Blockchain experience to the initiative team

Jumbo : We go DAO!

https://twitter.com/JumboDefi/status/1463449181813501953

DAO and decide to invest or not!

Q7. Marketing is a central element for every successful project, what is your strategy to attract new users and investors to your project and keep them long term? What is your most trusted feature?

Jumbo : CHeck out KOL !!!

https://t.me/imcommunityitw/2205389

Q8. good day sir Can you give us an overview of Project economics? Is the token designed to rise and fall with the success of the platform, and does it include any scarcity paths such as stake, store, or burn?

Jumbo : Take a good look of it. This one

https://t.me/imcommunityitw/2205393

https://youtu.be/bLlZcWHF7x8

Q9. Wonderful project, this project is very good and this projector has a lot of attractions, so hopefully the project will be better in the future and the cryptocurrency will be the best.

Jumbo : OK, check articles here

https://medium.com/@jumbodefi/jumbodefi-2-0-an-innovative-revolution-5e127c57a9d9

Jumbo : Hi, Admin…I think I’m done

Jumbo : If still any left…just randomly send rewards to the audience

Jumbo : Website:https://jumbodefi.io/

medium:https://medium.com/@jumbodefi

discord: https://discord.com/invite/8SCtkampCv

Twitter: https://twitter.com/JumboDefi

International: https://t.me/JumboDefi_Official

Chinese: https://t.me/JumboDefi_Chinese

— — — — — — —

Contract: 0x44c098782990966ec3ad27a7fa43947358eeb2c3

Jumbo : Hi, Admin…I think I’m done.If still any left…just randomly send rewards to the audience

Bà Tân | : Thanks for the useful information from @Jumbolight & @jumbomoon

Bà Tân | : End of session 2

Bà Tân | : For questions that have not been answered today, you can send them to @JumboDefi_Official for answers.

Bà Tân | : IM Community, if you would like to know more about JumboDefi ! here are some useful links for you:

Official Website: https://jumbodefi.io

Twitter: https://twitter.com/JumboDefi

Telegram: https://t.me/JumboDefi_Chinese

Medium: https://medium.com/@jumbodefi

Discord: https://discord.com/invite/8SCtkampCv.

Bà Tân | : Allright, I declare the Im Community AMA with JumboDefi has ended.

Thanks to @Jumbolight & @jumbomoon | JumboDefi joined us and provided us with JumboDefi information, we hope that this knowledge makes us understand more about https://jumbodefi.io (https://jumbodefi.io/)

To the members, thank you for following this event to the end. winners will be announced soon.

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IM COMMUNITY

IM is a PR group — Marketing support for Airdrop, advertising, AMA, Services … in Vietnam Flag of Vietnam. — — — — — — — - TG: https://t.me/imcommunityitw