we hosted an amazing AMA with Capricorn on the 10th of June
And here we will put some of the best questions:
Q1. Can you please introduce yourself as well as Capricorn ?
Sure, I’d love to.
Sure, I’m R.L., an author of two blockchain books. I’ve been working in the blockchain sector since 2009. I decided to join Capricorn Finance to help their team achieve success and become one of the most powerful DEXs in the world.
I’m a Gringotts Labs Global Ambassador that will help develop this project to not only become the best DEX on Cube chain but also across all chains.
Now to the reason everyone is here, the most powerful DEX yet, Capricorn Finance.
Capricorn is an automated market maker (AMM) based decentralized exchange (DEX) for CUBE Blockchain. Capricorn is dedicated to building a robust, efficient, and highly-liquid market with governance token CORN.
Capricorn will provide frictionless and efficient trading experiences, benefiting from Ivy Blocks’ millions of USD liquidity investments. Meanwhile, Capricorn will offer sustainable returns to users and stakeholders.
Highlights
Hundreds of Millions of USD long-term liquidity investment from Ivy Blocks
Multi-million USD Liquidity Support from CUBE Eco Foundation
Top-tier CEX listing confirmed
Please make sure you follow all of our social links as we get started and check out our testnet event today:
Website: https://publictest.capricorn.finance/
https://twitter.com/CapricornFi
https://medium.com/@CapricornFi
https://t.me/CapricornFi
Testnet Event Link: https://forms.gle/Sgexk4TLQ2EXpLiP8
Q2. What are the advantages of Your project ?
There are numerous advantages to Capricorn Finance over other DEXs, so let me tell you about those advantages now:
While other projects have very little funding and are not sustainable long-term because of that, Capricorn Finance is the opposite!
We at Gringotts Labs just received a $300 million liquidity investment from Ivy Blocks, so we’re building a project that is built to last. We have the funding to build something sustainable.
Capricorn is also being developed on Cube chain. Cube chain mainnet just launched and it is one another great piece of technology that allows Capricorn to be the best DEX possible.
Cube chain is a very efficient chain that will allow our users at Capricorn to do very efficient, cheap, transactions that are impossible on legacy chains like Ethereum now. Why use a Layer-2 when you can use a great Layer-1 like Cube chain and have the base layer security of Cube chain and the efficiency of a Layer-2? It’s an easy decision to utilize the new tech, Capricorn’s excited to show the world how hard we’ve been working and how our DEX will revolutionize the idea of fees and overall dApps a DEX can offer.
Q3. please tell us about the goal you want to achieve in this year.
Capricorn Finance has been reaching our goals since we started this project and we will continue to strive to meet our goals in the future. Right now, we’re preparing for the launch of our mainnet and wrapping up the finishing touches before we release our product to the market.
Our goal is financial inclusion for all participants of this sector and eventually the world. Everyone deserves these opportunities, so that’s what our team is focused on right now, preparing for mainnet launch and our listings.
Users can learn about our testnet event here:
Rules for testnet event below:
https://medium.com/@CapricornFi/capricorn-finance-beta-test-announcement-event-17932e330308
We also have our first FLASH MINING event forthcoming:
https://t.co/XTFelbSOyK
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?
As mentioned, Capricorn Finance was hatched by Gringotts Labs and funding came from Ivy Blocks.
We’re composed of individuals from around the world. We have team members that have been working in the crypto sector since 2009, so our team is extremely knowledgeable, we believe in this technology, and have been making it our life’s work for many years now.
Hello, Welcome to join Capricorn🥳
Stake, Trade and Earn!💰
Admin:@Capricorn_Finance
Click for latest news👇
Official Website: https://publictest.capricorn.finance/
🔗https://twitter.com/CapricornFi
📃https://medium.com/@CapricornFi
Gitbook:https://docs.capricorn.finance/
Here is faucet:https://faucet.cube.network/
Market proposal Or admin apply
https://forms.gle/Sgexk4TLQ2EXpLiP8
Event:https://twitter.com/CapricornFi/status/1530006589540737024?t=zUAT-z9K4f9QmUE8N4D6EA&s=19
https://twitter.com/CapricornFi/status/1529656991013953536?t=5l9zW5ssmpUsSM6m8plUQQ&s=19
Capricorn is an automated market-making DEX for CUBE Blockchain. Capricorn is dedicated to building a strong, efficient and highly-liquid market with governance token $CORN
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?
I believe that NFTs are going to be extremely influential to society in many different facets. Most property titles will become NFTs in the future most likely and this will help ensure property rights to 8 billion people.
NFTs as art like we saw with the initial explosion of the technology is only the first phase. They will gradually become integral to society and the way we function day to day.
And here we will put best questions from our members and Capricorn fans:
Q1. Collaboration is a very important aspect for the success of a project. So do you plan to work on multiple projects in the near future? If so, can you tell us your future plans in this regard?
Gringotts Labs is working on a suite of products that we believe the market desires. So, our Capricorn Finance is not our only project. We’ll continue to work hard to make sure all desires of users and individuals around the world are met. The free-market is wonderful at providing the goods and services that people want in their life and we’re committed to building the future landscape of DeFi that can help generate wealth and a more equitable world.
Don’t forget to follow all of our social channels so you never miss anything and participate in Flash Mining:
Website: https://publictest.capricorn.finance/
https://twitter.com/CapricornFi
https://medium.com/@CapricornFi
https://t.me/CapricornFi
Testnet Event Link: https://forms.gle/Sgexk4TLQ2EXpLiP8
Flash Mining: https://t.co/XTFelbSOyK
Q2. CORN is the token that powers the Capricorn ecosystem. Can earn CORN in Farm or buy it on the exchange but could you explain me what other functions have you developed for this token in the structure of your DEX AMM? What other benefits does this token offer to its holders?
We will release more about the future of staking and all of that soon, it’s coming soon upon the launch of mainnet.
Thank you so much for a great AMA everyone, tremendous questions!
Q3. Capricorn is the first DEX in Cube Chain. What are the advantages that this network, in terms of exchange and operability, has managed to bring to Capricorn to make it a top level exchange comparable to MEXC or Binance? Do you plan to integrate other networks in the future?
We plan to cooperate with everyone in the crypto sector that we believe is mutually beneficial to both parties. That’s the essence of free-markets, voluntary cooperation that is mutually beneficial where both parties end up better off after transacting – we will work with any team that we believe can help create value for our community!
Q4. A strong community not only brings interesting ideas to the project but also attracts larger partners. So how is your project planning to build its community? And is there a plan to recruit people with Blockchain experience to the team
Absolutely, we couldn’t agree more with that statement! Our team is one of the most experienced in the history of DeFi. I personally have been in the blockchain sector since 2009 but I’m not the only one.
Our team is composed of individuals from around the world – Capricorn’s core team is also decentralized and this allows for an advantage in many areas. This allows for our team to make advancements and progress 24/7 365 days a year. There’s always someone from our team working on Capricorn Finance and working to make sure our products are at the top of the DeFi ranks.
We can’t wait to launch our mainnet so everyone can see how hard we’ve been working for them and our progress. Our team was only waiting for Cube chain to launch so we had the infrastructure technically to provide our dApps on a blockchain that can handle the growth we expect.
Q5. CapricornFi is not only interesting but also important, it needs a large user traffic to be sustainable over time. What marketing strategies do you have planned to increase the validity of your brand? Are you planning a strategic partnership to level up your project?
Our marketing strategy is to build tight knit communities built in local contiguous regions around the world.
These local communities will then make up the broader community or global community that our users deserve.
We’re focused on building from the bottom up and that’s why local communities are so important to us. The smaller groups will make up the larger world ecosystem and allow us to continue to expand via our marketing and word of mouth.
The truth is, once people see our product the product will market itself. We believe that Capricorn is such a great piece of technology that users will choose us based on cheap fees, high transaction throughput, high liquidity, staking, tokenomics, and more!
Q6. How safe is your platform to use? Have you reviewed smart contracts? What are the security measures adopted from smart contract errors and hacking?
Security is paramount to how users feel about a platform and trust is everything in decentralized finance – Capricorn Finance is currently undergoing our audit and users will be able to check that out after its published. The link will be on our website and we’re entirely transparent.
Our DEVs are the best in the world and they’re working tirelessly to ensure that our protocols are safe and funds are secure.
Q7. Staking programme is very important for any project,? Can i stake your token,? Do you have any plan of starting staking programme?
Our staking program will be live soon and our mainnet launch is forthcoming – staking is an important aspect of any DEX and we will make sure we make users very happy with our staking program. Make sure you’re following all of our social channels and website closely so you don’t miss the beginning of staking.
Hello, Welcome to join Capricorn🥳
Stake, Trade and Earn!💰
Admin:@Capricorn_Finance
Click for latest news👇
Official Website: https://publictest.capricorn.finance/
🔗https://twitter.com/CapricornFi
📃https://medium.com/@CapricornFi
Gitbook:https://docs.capricorn.finance/
Here is faucet:https://faucet.cube.network/
Market proposal Or admin apply
https://forms.gle/Sgexk4TLQ2EXpLiP8
Event:https://twitter.com/CapricornFi/status/1530006589540737024?t=zUAT-z9K4f9QmUE8N4D6EA&s=19
https://twitter.com/CapricornFi/status/1529656991013953536?t=5l9zW5ssmpUsSM6m8plUQQ&s=19
Capricorn is an automated market-making DEX for CUBE Blockchain. Capricorn is dedicated to building a strong, efficient and highly-liquid market with governance token $CORN
Q8. what are the biggest strength of your project? Can you share us your visions which makes it different than competitors?
I believe the biggest strength of Capricorn is our team and our tech. Without our team our tech wouldn’t be as good – so I’m very happy with that and that’s a major edge to a lot of other projects that don’t have excellent people working for the success of not only the team but the community. We know that if our users are happy then our community will flourish and we will be rewarded as well.
Q9. What do you have?
1- Telegram Group✔
2-YouTube Channel✔
3- Tik tok channel✔
4- Discord✔
5- Twitter✔
6- Website✔
for this Project, Where can I get the latest information and what is the latest plan for Your Project??
Hello, Welcome to join Capricorn🥳
Stake, Trade and Earn!💰
Admin:@Capricorn_Finance
Click for latest news👇
Official Website: https://publictest.capricorn.finance/
🔗https://twitter.com/CapricornFi
📃https://medium.com/@CapricornFi
Gitbook:https://docs.capricorn.finance/
Here is faucet:https://faucet.cube.network/
Market proposal Or admin apply
https://forms.gle/Sgexk4TLQ2EXpLiP8
Event:https://twitter.com/CapricornFi/status/1530006589540737024?t=zUAT-z9K4f9QmUE8N4D6EA&s=19
https://twitter.com/CapricornFi/status/1529656991013953536?t=5l9zW5ssmpUsSM6m8plUQQ&s=19
Capricorn is an automated market-making DEX for CUBE Blockchain. Capricorn is dedicated to building a strong, efficient and highly-liquid market with governance token $CORN
Website: https://publictest.capricorn.finance/
https://twitter.com/CapricornFi
https://medium.com/@CapricornFi
https://t.me/CapricornFi
Testnet Event Link: https://forms.gle/Sgexk4TLQ2EXpLiP8
FLASH MINING:
Q10. IS This Your project #CapricornFi only for elite investors, how about others with small funds, is it open to everyone?
Our project is available to small or larger wealth investors. We don’t want to exclude anyone from our project.
And this was the end of our AMA with Capricorn.
You can find us here:
Website :http://www.capricorn.finance/
Telegram Community :https://t.me/CapricornFi
Twitter :https://twitter.com/CapricornFi
Medium :https://medium.com/@CapricornFi