Pandora AMA – CRYPTOTITANS

we hosted an amazing AMA with Pandora on the 29th of June

And here we will put some of the best questions:

Q1. Can you briefly describe Pandora?

🌐Visit our website to learn more about the project: https://partner.pandora.digital/

Q2. Pandora uses a dual-token (PSR and PAN) model. What’s the purpose behind a DUAL-TOKEN system? Can you state the utilities of both PSR and PAN?

Pandora adopts the dual-token model that is both rewarding and deflationary.

The reward token PAN is aimed at ensuring users are better incentivized for their participation in the protocol.

The governance token PSR has a relatively low total supply of 10 million tokens with a deflationary burning mechanism and anti-dumping tokenomics.

The majority of total PSR supply is dedicated to community development (32%) and liquidity (10%), while another huge portion of its total supply is allocated to protocol development (15%) and ecosystem growth (15%).

Only 15% of the total PSR supply is set aside for the team behind the project.

PSR tokenomics are well-designed with an anti-whale and anti-dumping mechanism that helps protect investors from heavy losses.

🌐Visit our website to learn more about the project: https://partner.pandora.digital/

Q3. How can you ensure for us that holding your token is more beneficial in the long term?

The burning mechanism of $PSR ensures that as Pandora’s user base grows, fewer PSR tokens will exist in circulation, and the token will thus become scarcer and more valuable over time.

🚀Learn more about slots, DroidBots, PandoBoxes, and Pandora IDO Launchpad at: https://partner.pandora.digital/download/pandora-pitch-deck.pdf

Our team will be focusing on expanding Pandora’s ecosystem and optimizing PSR utility in order to increase the token’s scarcity even further.

Q4. What is your plan to increase the demand and scarcity of your token?

Pandora’s vision is to become a next-gen decentralized launchpad and incubator for early-stage NFT gaming projects.

In order to achieve this objective, we will be launching our IDO platform along with implementing a large-scale marketing campaign in quarter 2 of 2022.

In quarter 3 of 2022, we will be launching our launchpad that aims to provide a fertile decentralized environment for emerging blockchain projects. Our vision is to become a go-to decentralized incubator for DeFi, GameFi, NFT, and Metaverse projects. Apart from those plans, you can also expect to see PSR and PAN being listed on major crypto exchanges in this quarter.

And for quarter 4, we will be focusing on making adjustments to protocol based on community voting and additional smart contract audits.

🌐Consult our detailed roadmap and plan for development at: https://partner.pandora.digital/

Q5. What is the development direction of Pandora on decentralized finance?

Pandora aims to have a fair launch of its governance token PSR, a mechanism specifically designed to avoid whales.

There is no presale of PSR. As mentioned previously, 42% of its total supply are dedicated to community development (marketing) and rewards (including 10% dirrectly transferred to the jackpot pool as rewards) to keep Pandora in the eye of the community and the general public.

We will launch with 10% of the total supply of PSR permanently locked as liquidity on DEXes.

Ecosystem growth, protocol development, and partnership extension take up 30% of its total supply.

And finally, 3% are reserved for our upcoming public sale, making PSR a community-oriented token.

🙈Still not sure whether you should invest in PSR? Visit us at: https://partner.pandora.digital/

And here we will put best questions from our members and Pandora fans:

Q1. the token holders have the right to participate in the governance of the project? What kind of decisions can they vote on about the project?

Yes. When you hold $PSR token, you will have the right to participate in voting (in phase 2). Follow us to find out what kind of decisions

Q2. Is your project a community only for English speaking an countries or for users not of other languages ?Is your project a community only for English speaking an countries or for users not of other languages ?

At this time, we only have 1 official group for DEx users and another group is Pandora Launchpad Community https://t.me/Pandora_IDO (all in English)

Q3. Can you tell us about your upcoming presale? Where can I buy your tokens?
Which exchanger can get this token?

We have no presale. Pandora aims to have a fair launch of its governance token PSR, a mechanism specifically designed to avoid whales. The only way to get $PSR token is to trade/swap in our exchange https://pandora.digital/swap HOLD $PSR and get the best incentives from Pandora.digital

Q4. I read that the #Pandora_DEX minting process officially supports the Phantom Wallet. Is it only available in Phantom Wallet or can users use Other wallets such as TrustWallet or Metamask?

Maybe there is some mistakes here. At this time we only support Metamask and TrustWallet.

Q5. Currently 80% of NFTs have no market value, users just keep them in their wallets as a symbol. So how can we guarantee that the NFT will have value in the market? What are the utilities of NFT in your platform? And how many NFTs are available on your platform right now?

https://pandora.digital/marketplace here is the only platform helps users stake NFT then earn BUSD. Try this marketplace and get profit everyday.

And this was the end of our AMA with Pandora.

You can find us here:

Website :https://pandora.digital/

Telegram community :https://t.me/PandoraCommunity

Telegram announcements :https://t.me/PandoraDigitalNews

Twitter :https://twitter.com/Pandora_DEX

Discord :https://discord.gg/z7mpcJFfqG

Reddit :https://www.reddit.com/r/pandoradigital/

Instagram :https://www.instagram.com/pandora_dex/

Facebook :https://www.facebook.com/PandoraDigital.DEX

YouTube :https://www.youtube.com/c/PandoraDigital

Docs :https://docs.pandora.digital/pandora