RECAP AMA :Crypto Infinity & Arise Finance.
On 9th April , we had an AMA with Arise Finance . One of the top crypto projects of 2021 .We had with us :
- ARISE LEGEND (@ariselegend )
- ARISE MASTER (@arisemaster)
- ARISE TOGETHER (@AriseTogether)
INTRODUCTION.
Q1: Can you give a brief introduction to the Arise Finance project?
Ans:To put it in simple terms, Arise Finance helps you maximize your daily trading, farming, gaming, NFTs & more. Our main focus now is on the products, including a few exciting features coming out soon later this month.
You can find out more information about us at Arise.finance
The key products that set us aside from other projects on DeFi right now are:
- Farming with retirement vault: payout in BTC every week.
- Trading chart tool on BSC (the first and only)
- Dex aggregators to offer the best rate for traders.
- Farming with NFTs rewards & NFTs golden ticket for any token launch on our platform in the near future.
Q2: Could you please provide some info about your Roadmap and how Arise Finance is progressing so far?
Ans :We have planned out 2021 roadmap on our website, and now we’d like to share more details about it:
Our smart contract is now live & are ready for private sale event will be happen in 10/4
After that, this year we will have a lot of exciting things in our roadmap
First, after finish private sale on 10/4 and public sale on 14/4, we will list ARI on Pancakeswap, Juldswap and Coingecko & Coinmarketcap
Then at the end of this month, we have big news which be revealed soon, which I believe will be a game changer for all investors & traders. That is our first crypto game using ARI token, which we will keep as a secret to the last minute for bigger surprise from the community.
In April & May we will launch Farm & Retirement Vault, which are 2 very promising features in our ecosystem.
By late May, we will release BSC Chart tool & NFT farming.
About our progress, we’re proud to share our recent humble achievements:
- Community: 4k Twitter members & 6.5k telegram members.
- Smart contract successfully deployed with unique utilities.
- Farming & Crypto games coded & are ready to release by the end of this month
- Listing partnership: Pancakeswap, Julswap, Soupswap, BurgerSwap, BakerySwap.
Q3: How is Arise Finance Token distributed? How many tokens will be locked by you ?
Ans:Our team has designed token economics to support long-term $ARI holders:
40% is allocated for presale
25% for marketing partnership and development
10% for liquidity listing
12.5% for vault and liquidity fund
7.5% for lottery and airdrop
5% for the core team (will unlock only 0.5 of total supply at the beginning. The rest 4.5% will be unlocked after 2 years).
And most importantly, our vesting schedule has a 2-year length, 1 year longer compared to the average length of other projects on the market, which would be enough to keep the value of $ARI from being inflated (Supported by the 2% burn mechanism).
And ARI token , as we believe, is good for holding long-term for the following reasons:
- Liquidity is locked
- $ARI holders will automatically receive 2% trading volume as a rewards, automatically.
- Only 0.5% of tokens circulation will be at the core team’s disposal in the first year.
- Token burning mechanism helps drive up $ARI token scarcity, which will eventually drive up the price.
- We are building many crypto defi games which will require $ARI to play, and therefore, $ARI holders will grow significantly.
And most importantly, we are here to build products that last, and our goal is to build and diversity use cases for DeFi in general & BSC in particular, based on current and future needs of the community.
With all the functions mentioned from the beginning, we believe our project is set to differentiate and bring long-term benefits to our supporters. Besides, we have a solid marketing team & strategic partners behind to drive this project further.
Q4: Where Can We Buy Token? What is the Contract of Token?
Ans :To own a piece of Arise Finance ecosystem, you can get $ARI in 2 ways:
1/ Via private sale, public sale & pancakeswap:
Right now $ARI private sale (https://twitter.com/arisefinance/status/1380232457530667011) will start tomorrow on April 10th, with airdrops going on as well. Public sale will be announced soon.
Right after public sale is finished, we will list $ARI on Pancakeswap, Julswap, Coingecko & Coinmarketcap. Liquidity will be locked automatically upon listing, so that the community can trade with peace of mind.
2/ Via our current airdrop program, you can find it here (https://twitter.com/arisefinance/status/1380232457530667011) and earn up to 500 $ARI tokens.
👉🏼 $ARI token address: 0xa861f33d8ac80b64c1b8c7b4c99599474b79888a
👉🏼 Smart contract link: https://bscscan.com/token/0xa861f33d8ac80b64c1b8c7b4c99599474b79888a
Q5: I See Arise Finance’s Interface Like PancakeSwap, Is This A Newly Generated DEX Platform ??
Ans :I find it hard to see the similarities in terms of interface between Arise Finance (https://arise.finance/) & PancakeSwap.
However, our 2021 focus is on the following products, and DEX is one of them:
1/ Develop a complete product ecosystem of ARISE, including trading support tools for traders such as DEXTool by uniswap, starting with chart, whale trackers tool and trading bot.
2/ Optimizing farming aggregators product set, supporting finding pools with high APY ratio so that farmers can earn more profit. Especially for ARI holders, you can stake ARI and lock in our Retirement vault to earn your APY bonus and BTC reward weekly.
3/ The third mission we focus on is developing use cases for the ARISE ecosystem, especially games and NFT, we will create interesting games so investors can farm NFTs, entertain and interact with friends right on this platform by using $ARI.
As you have also seen on the roadmap on our website, if everything is on track, the above 3 goals we will be achieved in Q2, then in Q3 + Q4 we can focus on launching ARI DEX and integrating ARI DEX into many more platforms.
TWITTER QUESTIONS .
1. What your plans in place for global expansion, are you focusing on only market at this time? Or focus on building and developing or getting customers and users, or partnerships?
from : @alisa_crypto
Ans :Strong community is the core and foundation of every project, and we take it very seriously. Our strategy will be building a global group & then will expand via ambassador program to reach out to niche markets.
Our key focus on building a healthy community is that we treat ARI community as a family, which contains a variety of types of people, including users, developers, holders, traders. What we build aims to benefit them all by developing use cases for all types of our community members, like trading tools to support traders, farm aggregator to support farmers, NFTs & launchpad to support investors, games & daily events for normal users to participate.
2. I am a professional vulnerability finder on the web, do you think Your system is secure enough from hackers? Does your project have a program that rewards individual vulnerability detection of the system?
from : @Juker_989
Ans :We believe security is the most important factor to any project. Failing to deliver security would lead to an inevitable fall.
For that reason, we take both smart contract and products security seriously. Since our smart contract is now live, it’s being reviewed by Quill Hash audit & at the same time we released a bug bounty program (https://arise-finance.medium.com/smart-contract-bug-bounty-program-b8150fa12af) for our smart contract.
Once our products go into operations, a similar program would also be announced to make sure our community developers and join their hands and help us build a better & more secure ecosystem for DeFi users in general & Binance Smart Chain users in particular.
I believe I have already answered the 2021 key focus question, you can find it here.
Regarding the listing plan, right after Public sale is finished, we will list $ARI token on PancakeSwap, JulSwap, Soupswap, BurgerSwap, BakerySwap.
If you join the private sale tomorrow, if lucky, you can buy $ARI at 33% discount compared to the listing price on PancakeSwap. You can find more information about the private sale (https://twitter.com/arisefinance/status/1378929428026171393) here.
3. How do you plan to spread awareness about your project in different countries/regions. where English is not spoken well like in Asia which has a large population and has the potential to be your users?
from : @GuhfiR
Ans :Strong community is the core and foundation of every project, and we take it very seriously. Our strategy will be building a global group & then will expand via ambassador program to reach out to niche markets.
For other markets, we will focus first into India, indonesia, China, UAE and some countries in Europe
Our key focus on building a healthy community is that we treat ARI community as a family, which contains a variety of types of people, including users, developers, hodlers, traders.
What we build aims to benefit them all by developing use cases for all types of our community members, like trading tools to support traders, farm aggregator to support farmers, NFTs & launchpad to support investors, games & daily events for normal users to participate.
4. Partnerships are crucial for Adoption, so can you tell us what partners you have currently and future partnerships?
from : @Jonising_x
Ans :We already have listing & farming partnership with Pancakeswap, Julswap, Soupswap, BurgerSwap, BakerySwap will be announce very soon
First after we finish presale on 14/4, we will announce the partnership with Julswap & listing on Pancakeswap.
Then our Next big target in upcoming month is:
1. Farming aggregator
2. Real time chart for Swaps on Binance Smart Chain.
3. NFTs farming
4. Expand partnerships & collaborations with other big crypto projects.
5. Future listing in Q3&4: HotBit, Probit.
And of course, Our biggest partnerships in the coming future would be providing real-time chart for top BSC tokens, & also list their pairs on our farming site for their community to join farming in Arise ecosystem.
We aim to provide long-term & sustainable utilities for BSC. So we are focusing on our products right now , and will establish partnerships to help grow our products in terms of both technical integration and awareness.
For example, in order to build BSC chart tools, we already signed the contract with the Trading view team and connect with BSCscan team about the API connection
LIVE ROUND QUESTIONS .
1. Sen Tong
A big problem for a lot of Defi projects seems to be that when farming starts, the price goes down because people unload to put liquidity into the farm. Will there be an incentive to hold and not just farm and dump?
Ans :We have already planned very carefully for our farm
Our ecosystem is designed to support long-term farming because:
We offer a high enough APY to attract new investors, however, the reason the value of $ARI token will not be much affected is that rewards will come from Farming & Vault funds. The $ARI rewards release is carefully calculated to balance between inflow & outflow of cash flow.
2. Alliance
What is your total supply ? Are your plans to focus on market or to grow community?
Ans :Our ARI has total supply 100.000.000 token
And our team has designed token economics to support long-term $ARI holders:
- 40% is allocated for presale
- 25% for marketing partnership and development
- 10% for liquidity listing
- 12.5% for vault and liquidity fund
- 7.5% for lottery and airdrop
- 5% for the core team (will unlock only 0.5 of total supply at the beginning. The rest 4.5% will be unlocked after 2 years).
And most importantly, our vesting schedule has a 2-year length, 1 year longer compared to the average length of other projects on the market, which would be enough to keep the value of $ARI from being inflated (Supported by the 2% burn mechanism).
3. Nguyen Vu Tam
What are your main features that distinguish you from other projects and what competitive advantages do you have ?
Ans :We intend to differentiate ourselves from competitors via a set of innovative DeFi products like:
- Real time chart view on BSC, , which no project on the market has been able to pull off, and we as a team, have successfully researched and already working on it. We have signed contract with Tradingview & connect BSC system for access to their API.
- NFTs farming: we have partnered with a few big artists community & designed unique utilities for NFTs owners (market place to trade NFTs, exclusive access to early presale on our Launchpad).
And the big things is
- DEX aggregators: we offer a suite of DeFi solutions which will offer investors significant increase in their profit with the following solutions:
1/ Minimize the slippage rate.
2/ Automatically calculate the most appropriate rate for Whales & small investors while trading on ARI DEX.
3/ Cross-chain protocol integration with privacy blockchain on the top of priority list, to offer an exclusive feature, which also happens to be one the biggest problems on Blockchain right now.
And the last one is Farming with retirement vault: pay out in BTC every week.
No project in bsc right now can execute such function.
4. Vinh King
What is your long-term vision about the industry which you are working on? Are you afraid some day there will be another project with more innovative technology can replace your project?
Ans :As product developers, we do not recommend and give any investment advice, but if we talk about DEFI in the future, you can not go wrong with this one because of the following reasons:
1. Bitcoin Has Taken the Spotlight, But Not For Long.
If DeFi was the story of the summer, then autumn was undoubtedly the season of Bitcoin. Economic instability brought on by the ensuing waves of coronavirus cases and political turmoil caused traders to hedge against the dollar. This time, traders didn’t back gold, the asset that is traditionally negatively correlated to the US dollar. Instead, they turned to Bitcoin (BTC).
However, as the economy (hopefully) settles over the next few months, helped in part by a number of vaccines that are currently in development, traders may rebalance their portfolios, and return their attention to the DeFi sector for higher yields.
2. Ethereum 2.0 Will Introduce Scalability, Raising the Ceiling for the DeFi Sector
The upcoming Ethereum 2.0 update will arrive in phases, but its eventual launch will increase the size of the DeFi market. Many of today’s DApps and protocols run on the Ethereum network, and during periods of peak congestion, fees skyrocket and transaction times slow, creating bottlenecks that negatively impact usability. With lower fees and faster transaction times, more people will look to participate in the DeFi space, and these network improvements will improve almost every DApp within the existing ecosystem as well.
My prediction is that Ethereum 2.0 will bring another wave of DeFi related innovation, paving the way for more mainstream adoption to take place. And also BSC will growth further than now, because of many DEFI users choose BSC because low fee compare with ETH
3. The DeFi Ecosystem Will Diversify Its Offerings
Bitcoin was arguably the first DApp. As an application, it allowed users to lend their computing power to verify transactions and “mine” cryptocurrency, which could be stored independently, without passing through a centralized institution. From there, the DApp ecosystem has expanded rapidly, as developers build more financial products to attract users.
In fact, any one of today’s DApps can be the next “killer app”. Success will come down to the teams that can best execute on a proven idea that has great potential for growth. While an outsize share of recent DApps are centered around lending and borrowing applications, this is just the tip of the iceberg: DeFi will continue to challenge the entire traditional financial system, and one can easily trace its pathway from first creating a viable decentralized, digital currency, to stablecoins that mimic aspects of fiat currencies, to the borrowing and lending applications of today.
Each time the DeFi ecosystem creates a viable decentralized alternative to existing applications, it enters a new market as a challenger — which brings us to our next point.
So Our team will strive the best to provide the best Dapp with best user experience for our users, and alway involving to change to adapt with this market. And you can go together with us not only an investors but also a supporters and contributors for the bright future os us. I don’t give any financial advice for you, but i just want to tell you, we invest a lot in this project, and we know that in the future, we will not regret about what we can do today.
Its for sure a fact that our technology will be at risk of becoming out dated. We try to move as fast and swift as we possibly can and we think that this is one of the core strenghts in our core team. We are extremely curious and open to change.
5. Kaler Mate
How about the airdrop program ?
Ans :Right after public sale is finished, we will list $ARI on Pancakeswap, Julswap, Coingecko & Coinmarketcap. Liquidity will be locked automatically upon listing, so that the community can trade with peace of mind.
2/ Via our current airdrop program, you can find it here (https://twitter.com/arisefinance/status/1380232457530667011) and earn up to 500 $ARI tokens.
CONCLUSION
For more information about the private sale, read here: https://arise-finance.medium.com/private-sale-for-arise-enthusiasts-3e0d68415a38
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