On 1st of June 2022 at 2:00 AM UTC Crypto Talkz hosted AMA with EXPANZ PROTOCOL
🌟Mr. Defi Chris shared us the Details about ‘ EXPANZ PROTOCOL ‘ and it’s Unique features… 🌟
Host :👋Hello Chat , Welcome to another exclusive Crypto Talkz AMA❤️
Hello @DigitalSoldier420 .It’s a pleasure to have you here, thanks for joining us 🙂
Defi Chris : Pleasure to be here
Host : So, without making a delay…Let’s start our AMA with basic Introduction Segment 🙂
Defi Chris: As ready as ever, Let’s start
To begin with, please introduce yourself to our community and give us some of your background?
I (DeFi Degen) have been doing crypto marketing full time since 2012. I co-founded one of the first marketing companies to really jump into crypto, work for crypto companies, and accept crypto way back in 2013. I am also one of the managing partners of DeFiMarketing.org and have handled campaigns for Safuu, GAINS, Crypto Price Index, BitMex, Crypto Facilities, Deribit, AlphaPoint, and many others you can see featured on our website. Crazy Ape is an experienced developer that I’ve known from previous projects we both worked on together with others. Gabe is an experienced venture capitalist, investment advisor, and investor relations manager, having worked for some of the largest funds and family offices on the planet. BTCVIX and Dr. Crypto are experienced community managers that have managed and ran some of the largest crypto communities in the space, including the SSB community and others.
To get to know your project faster and better, could you briefly introduce Expanz Protocol to us?
Expanz Protocol is what we refer to as the 3rd generation of rebase projects. Projects like OHM, TIME, etc. were Gen1. Safuu, Titano, and projects like that were Gen2. Expanz Protocol expands upon those gen1 and gen2 projects by introducing additional mechanisms to the protocol that attempt to eliminate many of the problems that these gen1 and gen 2 projects faced (e.g., gas wasting to stake and bond, no anti dump features, no locked LP, no auto liquidity engine, etc.)
What mechanisms are you going to implement to make EXPANZ PROTOCOL sustainable?
eXpanZ Auto-Staking Protocol (XASP) gives the $XPANZ token automatic staking and compounding features, and the highest Fixed APY in the market at 500,581.7079% for the first 12 months.
Low Risk with the $XPANZ Trust Fund (XTF) – 5% of all trading fees are stored in the $XPANZ Trust Fund which helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk
Easy and Safe Staking – The $XPANZ token always stays in your wallet so it doesn’t need to be put into the hands of a 3rd party or centralized authority. All you need to do is buy & hold as you automatically receive rewards in your own wallet so there are no more complicated staking processes at all.
Interest Yield with Automatic Payments – You need not worry about having to re-stake your tokens. Interest yield is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment.
Highest Fixed APY – $XPANZ pays out at 500,581.7079% in the first 12 months which is higher than anything in the DeFi arena to date. After the first 12 months, the interest rate drops each year in accordance with our Longterm Interest Technology (LIT) formula, reducing the APY per 3-second epoch by 0.000003% per year until maximum supply is reached (1,000,000,000 $XPANZ).
Rapid Interest Payments – The $XPANZ Protocol pays all $XPANZ Token holders every 3 seconds, making it the fastest auto-compounding protocol in crypto.
Auto Token Burn – One of the exciting features of the $XPANZ Protocol is an automatic token burn system named “The Black Hole” (TBH) which prevents circulating supply from getting out of hand and becoming unmanageable. The Black Hole burns 2% out of all $XPANZ Token market sales and is burned in the same individual transaction.
eXpanZ Healthy Auto Liquidity Engine (XHALE) – Every 24 hours our XHALE will inject automatic liquidity into the market. On each buy or sell order there is a 4% tax fee that will be stacked to use for liquidity. 2% will go to our liquifier contract and other 2% will stay in the $XPANZ contract. This occurs on both buy and sell sides of a transaction, so 4% goes to the liquifier contract and 4% to the $XPANZ contract. In every sell transaction, 4% in the $XPANZ contract will be swapped to AVAX. And every 24 hours, all tokens in the liquifier and all AVAX in the $XPANZ contract (8% of total tax) is added to the liquidity at once.
eXpanZ Anti-Dump Algorithm (XADA) – $XPANZ has a unique variable impact tax/anti-dump feature that increases the sell-side tax if a sale will impact the price more than 0.1%. The tax increases the higher the price impact of the sale. This will prevent liquidity vultures from draining the LPs, prevent bots from running the price down, and prevent whales from dumping on smaller bagholders.
The XASP uses a complex set of factors to support its price and the rebase rewards. It includes the $XPANZ Trust Fund (XTF) which serves as an insurance fund to achieve price stability and long-term sustainability of the eXpanZ Protocol by maintaining a consistent 0.000081% rebase rate paid to all $XPANZ token holders EVERY 3 SECONDS.
The eXpanZ Protocol development team has coordinated all of these elements together so they work seamlessly behind the scenes. The result is a simple and elegant staking and rewards system for $XPANZ holders.
Host : Chat, take time to read this please! 🔥
That’s very great and impressive!
So moving to our next question…
Partnerships and cooperation are important for project improvement and development. Can you tell us about your current partners? Will this partnership benefit Expanz Protocol and users/investors?
We did several private presale partnerships with communities like SatoshiStreetBets (SSBToken), Crypto Price Index, and dVest Labs. We also have several partnerships we can’t yet announce that will facilitate the further development of the Expanz protocol ecosystem and things we will be introducing further along in our roadmap, such as the Bonding Dex. Stay tuned!
Is there any bullish information that hasn’t yet been made public that you can share with our community for ‘exclusive’ news before we wrap up our first segment?
Our first project that we will begin development as one of the initial Expanz Treasury Investments is a ‘bonding dex’ – the first DEX with community-owned liquidity. I would love to give further details on that, but to avoid our ideas being copied before launch, you will have to stay tuned for details 😉
Q1. A strong community not only brings interesting ideas to the project but also attracts larger partners. So how are you planning to build your community? And is there a plan to recruit people with Blockchain experience to the @ExpanzOrg team??
As far as recruiting people to the team, only on an ‘as needed’ basis. We already have people wanting to jump onboard the train, take advantage of the situation, and run off with funds so we have to be super careful to vet anyone we get involved with for the protection of the community. As far as building the community, we have a strong marketing and PR campaign that will begin ramping up with our official launch. Based on our experience handling marketing for other projects, we are extremely confident that this will expand the community nicely. Keep in mind, however, that with a high APY rebase project like this one, we have to manage growth carefully. We really want to avoid a big run up like we saw with OHM, TIME, etc because we all know that just leads to a big crash. Our goal is to manage community growth in such a way to helps keep price action fairly steady and sustainable.
Q2. Can you tell us how are you trying to develop your communities? You know, MULTILINGUALISM is becoming more & more important. So do you have plans to build other communities with different languages so members can communicate most comfortably & effectively?
We have initiatives rolling out targeting Chinese communities, Arab communities, Vietnamese communities, and more. We will continue expanding these, but on the same ‘carefully managed’ basis as I mentioned previously.
Q3. What is the story behind EXPANZ Protocol, I would like to know how long have you been in the market, why did you decide to build this platform even knowing that there are already many others in the market and tell us what makes it different and not just another copy protocol?
It’s actually something we’ve been working towards since the initial Gen1 rebase projects came out. We saw so many of the things these projects failed to foresee end up crashing them and destroying them eventually. Our goal here was to build a protocol that addresses and mitigates many of the problems we noticed with Gen1 and Gen2 rebase projects, and hopefully keep this one much more sustainable over the long term. Many of us were investors and/or marketers for many of these projects, so we had a unique perspective that allowed us to really learn what went wrong with those projects and apply those lessons to Expanz Protocol.
Q4. Very excited about Expanz and it’s potential. My question, will we as investors have an online portal to track our current earning and calculate additions and lock up periods.
Absolutely! That will roll out with launch on June 1, and we will be expanding it as needed, based on feedback from the community.
Q5. Considering the current market conditions, do you think it is profitable and safe to invest in a project that is just being born, to what risks are your investors, owners, developers and partners exposed and how can you offer them security and confidence?
There’s no such thing as 100% safe in DeFi. There’s also no such thing as 100% trustworthy in DeFi. We want to be clear that this, like all DeFi protocols, is an experimental protocol. Things can go wrong. However, we want this to be a TRUSTLESS protocol. You don’t need to stake, bond, deposit, or do anything with your XPANZ. You hold them and you earn. Trust is not required for that.
As far as market conditions, launching at the bottom is much better than launching at the top. We have tremendous room to grow from here. I think this is a great opportunity for everyone. Also, no one here gets paid unless this succeeds. We are investors as well, so we are along for the same ride everyone else is.
Telegram Live Segment
My question, will we as investors have an online portal to track our current earning and calculate additions and lock up periods.
Yes, if you check out our DAPP at http://app.expanz.org/#/dashboard you’ll see that we have everything built right in as well as a calculator to estimate earnings and ROI.
🟢 What do I need to start generating the incredible interest that eXpanZ Protocol offers? Do I need a set minimum of tokens? Do I need to lock them in a pool? Also, in what currency or tokens will these Rewards be paid? Also in $XPANZ token or some other?
That’s the thing about Xpanz, you can buy part of a token, hold them in your wallet and earn interest every 3 seconds paid in XPANZ while never giving up custody of the token.
Where can I buy your tokens right now what is your current contract and how can I buy them??
The tokens will be available tomorrow on Traderjoexyz on the avalanche C chain. 0x235Dc4738290Aad823b8C4Ac2012C188C5232933 is the contract address, and if you join our TG you’ll be able to get a chance to win USDC giveaways during our launch event hosted by the one and only Dr Crypto Vendor!!
What is main things about your project that you are excited for? Also what’s things will gain you respect from the community?
The main thing that I am personally excited for is seeing the pitfalls of previous OHM, TIME projects be corrected and see just what they become.
To gain respect from the community we wish to be open and honest about what’s happening, if the market is bad and the price is down we’ll be real with you, not shout WAGMI and pretend reality isn’t happening.
You say that “Simply buy, keep and win”, but really, what guarantees do we have that eXpandZ does not end up doing Rug Pull, thus keeping all the investment that we leave generating for a long time? Will they be protected by a vault?
The liquidity will be locked and burnt upon launch, the contract doesn’t allow for printing more tokens. It’s as safe as we could possibly make it for the investor while still retaining ownership of the contract to fix any bugs that may arise but testing has been thoroughly done over the last few months to make everything as smooth as possible.
Host : Thanks for diving us deeper unto Expanz Protocol. Chat thanks also for those great questions.
Its time for Wrapping Up, any other things you want to share with the community? @DigitalSoldier420 :))
All in all, EXPANZ protocol is designed to address the shortcomings in other rebase protocols and similar projects. Will someone find flaws in ours and fork and improve upon us too? Almost certainly, but we feel XPANZ addresses the flaws and deficiencies of these types of projects as they exist now, and will provide a sustainable ecosystem for a significant period of time to come.
Thank you to everyone for you’re time and I hope to see you at the launch party tomorrow at 1600 UTC!!!
📌 Here below are links for you to get the latest update about Expanz Protocol
Chinese Community: https://t.me/EXPANZCN