We Hosted An Amazing AMA Session With Fundex Exchange On 6th February .
Here We Will Present Some Of The Best Questions That Answered in The AMA :
Q1. Can you please introduce yourself as well as Fundex.exchange ?
Hey Everyone, I’m loki, the moderater and community manager from Fundex. Also I’m marketing manager, if you have any proposals regarding marketing, I’m the one you talk to.
Fundex is a unique stablecoin project forked from platypus, we are a muti chain project. Fundex list on Optimism and Binance smart chain.
This is the first week of our big launch, so far Fundex only available on Optimism, we will be ready for BSC launch within a month, So let’s stay tuned for more updates.
Fundex mainly focused on stablecoin swap and yield farming. Right now we have 4 different stable pool available. The liquidity provider can provide their stable coin for liquidity, the Fundex will reward them with FUN token instead.
Q2. What are the advantages of Your project ?
The most attractive point of Fundex is that we reward the liquidity providers with 200% APR, and the pools doesn’t require any fees or lock.
I understand that lots of project offering the high APR yield farming, but Fundex are offering the stable coin yield. Which means your stable coin LP won’t loss any value during the staking.
No matter you staked for a month or 6 month, your lp value won’t suffer any losses. And all the LP(such as USDC, DAI) contain the same value.
You can always convert your LP into other stable coin whenever you like, the value is still the same.
Q3. please tell us about the goal you want to achieve in this year.
Feb is our first month on Optimism, we still have so many unfinished tasks, right now we are focusing on BSC listing. We have been working hard to make sure everything will be fine on BSC network.
After that, we are going to contact auditace for audit report and KYC certification.
We need to earn the community trust before we start building it, and the big community need the solid foundation to support the community members.
We also going to apply for coingecko/coinmarketcap and many other major platforms, the publicity and attention is what we need.
We expect the liquidity of Fundex will be 10x from now, the TVL will break 2 million be the end of this year.
Q4. Every project has a story behind their name, Can you tell us more about the story behind this? Who are the team behind this project? can tell us their background?
We have observe Platypus and Curve for a while, I think the idea of stablecoin swap is very interesting and practical.
Every investors need stablecoin during investing, and while they trade their stable coin to others on Dex, the great amont of value will be gone.
That’s caused by the fees and slippage of dex. But in Fundex, we don’t charge any fees while investors trading, so the loss will drop to minimum.
And when investors not trading their stable coin, they can always provide their stablecoin in the liquidity pools for other traders to swap.
The reward of liquidity providing is also generous, Fundex will be the fund dex.
That’s the Fundex me and my friend believed, and the reason we build the project.
Even though our team members speak the different language, and different religion, but Fundex bring us together, we hope the Dex can bring the community together as well.
Q5. NFT is one of the hottest and most sought-after topics in the blockchain space right now. Can you share your opinion on NFT with us? Do you think NFT will disrupt the current financial system? What is Your project’s approach to the NFT sector?
NFT is very new in Defi, some people find it very interesting, and some don’t quite understand NFT.
For me, I think Fundex should offering lots of different content to our community, include NFTs, even some of our team members don’t agree with me.
So our final decision is to add the mystery boxes and NFT into Fundex after BSC listing.
The Fundex DAO will be hold by NFT holders, every proposal, every decision must be made by the holders.
And the community treasure of Fundex will be the NFT holders reward. I think right now is too early to talk about the Fundex NFT, but please pay attention to our announcement, more information and guide will be public soon.
Q6. Defi is a very hot keyword at the moment, many projects have started cooperating with DeFi platforms. So is planning to cooperate with DeFi projects and develop towards DeFi in the future?
Yes, Defi is the best environment to start an new project such as Fundex, and Fundex need partnership with other project to stay alive.I’m contact with other dapp on Optimism network, soon we will have strategy partner for promotion and support. The help goes both ways, small projects will get stronger once they united.Fundex started from Defi, but we hope Fundex will reach cex in the near future, there is still lots of area for us to conquer.
Q7. Can you point out a few features or features that you like the most about the platform so that it can compete with other competitors? What are you most confident about for your platform? Do you have a plan to get users to choose your platform?
The Fundex give investors great freedom to choose what kind of investment style they like.
There is absolutely no barriers for our investors, no locked fund, no fees, tons of pools to choose.
But besides that, personally I think the biggest advantage of Fundex is stablecoin swap service.
Cause the liquidity are injected by other investors, not by us.
Every trader can be the liquidity provider, and every liquidity provider can obtain FUN token from farming pool.
It’s a win-win investment environment for our investors.
As long as the liquidity keep pumping, the trader, liquidity provider and farmers, everyone is winner in Fundex.
Q8. Can you tell us about your plans for 2023 and for long-term? what you are currently focusing on and are you going to expand the list of big exchanges?
2023 is the big year for us, we need to prepare for Bsc listing. Fundex is a muti-chain project, it’s very important for Fundex to expand the market.Also the NFT I mentioned, even though the code of NFT is still unfinished, but we are still exciting about it.In the meanwhile we are doing the best we can to promote our project to different community, such as Cryptotitans.The publicity and marketing is our primary target right now, please trust our team members, we won’t let you down
Q9. Currently most investors only care about profits at the moment but ignore the long-term benefits. So them some advice why they should buy and hold #Fundex in the long term?
I understand that most investors only care about the short term profit, to be honest I don’t think there is anything wrong with it.
But in Fundex, Everyone should know the long term holding can generate more profits, and that’s the best thing to do.
The yield farming and liquidity providing are the main features of Fundex, investors can lock up their FUN tokens to boost the yield reward.
The longer/bigger tokens investors locked, the bigger boost they will get.
The Fundex NFT can only be bought with FUN, the tokens will be burned right away after purchase completed.
Which means the value of FUN is increasing even during the token lock.
That’s the long-term value of FUN.
Q10. Since when will the tokens be available, and what are the efficacies of the token? Where and how do I acquire tokens to participate in the game? How much should I acquire to actually play it? Could I use it for other purposes other than playing?
Fundex were released on Optimism network last week, we are still a very young swap platform.
There are 2 ways to obtain FUN token, yield farming reward and Uniswap trading.
The xFUN airdrop campaign is active as we speak!
If you like to participate, please visit https://fundex.exchange/airdrop and claim your free airdrop.
But we don’t provide liquidity for xFUN, the only place for xFUN is also the yield farming reward.
We would like to invite more investors into Fundex and see how amazing Fundex is.
Q11. What is the use of $xFUN token on your platform? What are your plans to increase the price and increase adoption of $xFUN tokens? What are the benefits for investors holding your tokens in the long term?
XFUN is the airdrop token, everyone can claim from https://fundex.exchange/airdrop.
Everyone can claim it for free. Stake xFUN in Fundex can generate Fun reward for investors. Please visit our website and claim your airdrop ASAP .
Q12. What are the requirements for trading at Fundex Exchange, and how much minimum capital should we use?
Fundex doesn’t have any requirement for investors, even the airdrop are open for everyone. No matter is the small investor or big whale are all welcomed in Fundex.
Q13. What are the benefits of holding your token as long term investment? Can you tell us about the motivation and benefits for investors to keep the your token in the long run ?
The FUN token value will increase over time, cause the NFT buy back will start soon, the supply of FUN will start decrease. Holding FUN can increase lots of value and generate more FUN token.
Q14. Can you tell me the reward of Fundex referral program ?
Unfortunately we don’t have any referral reward, but if you are a KOL owner and willing to promote Fundex to your group, please contact me for reward.
Q15. Can you list 1-3 killer features of Your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about ?
Fundex stablecoin swap won’t cause any value loss, that’s one of our main advantage. Cause we all know that value losses during trading is unnecessary.
Q16. Can I exchange your Fundex.exchange token from anywhere in the world if you have any idea let me know?
Yes you can trade FUN from Uniswap, but only from Optimism network, cause we haven’t listed On bsc yet, you will be able to trade FUN from many other dex very soon.
This Was The End Our AMA With Fundex Exchange.
If You Have Any Other Questions , You Can Ask Here : https://t.me/Fundexexchange
Useful Links:
Website : http://fundex.exchange
Telegram Community : https://t.me/Fundexexchange
Medium : https://medium.com/@fundexchange/fundex-stablecoin-exchange-5835b84e5905
Twitter : https://twitter.com/Fundexexchange
Discord : https://discord.gg/HMe4YCyjDc