AMA Recap: DAOventures X CDzExchange
DAOventures | CDzExchange
The AMA (Ask Me Anything) on our Telegram on 8th June has successfully finished on DAOventures Global Telegram 📍 https://t.me/DAOventures
Celebrating our partnership with CDzExchage, we got such great support from our community, by receiving over 1.1K questions in only 1 minute!
Thank you again for your support and enthusiasm towards the future of money with DAOventures & CDzExchange!
👉 Part 1:
INTRODUCTIONS — Moderator introduces DAOventures and CDzExchange to the community and breaks the ice.
👉Part 2:
Deep dive into the partnership between DAOventures & CDzExchange. In this section, the core team members from each project have answered the prepared questions.
👉Part 3:
Roadmap and milestones of CDzExchange in 2021, upcoming IDO news, and the integration plan of CDz on DAOventures platform.
👉Part 4:
1 minute open question time & CDz team answers 10 best questions.
👉Part 5:
WRAP-UP — Moderator says goodbye to CDz team and the closure of AMA.
🎁 Side event:
200 $USDT giveaway to 10 most engaged members with the best questions, selected by CDz team.
Here are some main questions we would like to share again for those who have missed the AMA.
Sarah | Moderator, DAOventures
What’s the mission statement of CDz? What is it you aim to do?
We know you guys are the best cross-chain decentralized derivatives exchange. What’s the catch?
DJ DeBullz | CDzExchange
The CDZ.exchange enables fast and low-cost swaps, liquidity mining, staking, and crypto derivatives trading that leverages the cross-chain DeFi ecosystem. How cool is that!!
We want to create a fast & cheap crypto derivatives exchange and DeFi platforms with cross-chain capabilities. CDzExchange will unlock and bring ease of use, speed, and cost efficiencies for multi-chain swaps, expanding and evolving what Uniswap has done for single-chain ERC20 swaps. We want to bring this to the next level. Cross-chains swap (with upcoming derivatives trading) on other chains such as Ethereum, Heco, Solana, and Polygon (Matic)
Sarah | Moderator, DAOventures
What makes DAOventures unique and what’s its place in the DeFi market?
Victor | Co-founder of DAOventures
DAOventures intends to solve the DeFi asset manager and automated robo-advisory platform.
The level of inclusivity via the accessibility of a sleek, simple, easy-to-use UX/UI. The place which DAOVentures aims to occupy in the cryptosphere is becoming the de-facto go-to for those new into the DeFi realm.
Our uniqueness is derived from accelerating the transition to the future of money and finance in the easiest way possible whilst giving users a voice in the operations of everything DVG.
This is through governance, voting, and staking capabilities which the DVG token possesses.
The automation of money management is not a new concept, however, in the DeFi realm where the ecosystem can overwhelm most people, DAOventures are the great equalizer to allow people to take advantage of the powers of DeFi.
This will assist in onboarding millions of new users to get on the DeFi train!
Sarah | Moderator, DAOventures
Totally agree with the fact that there should be the transition to the future of money and finance in the easiest way possible whilst giving users a voice in the operations of everything DVG.
On that note, what fuelled the partnership with CDzExchange this time?
Victor | Co-founder of DAOventures
We, at DAOventures, partnered with CDzExchange as they aim to be the best in class cross-chain decentralized derivatives exchange protocol.
We look forward to the partnership as we thrive towards our common mission to bring DeFi to the masses.
Talk about birds of the same feather flocks together.
Sarah | Moderator, DAOventures
Tell us more about the partnership between yourselves & DAOventures and what you aim to achieve?
DJ Sam | CDzExchange
We chose DAOventures as our trusted partner in light of our common goal to make DeFi simple, accessible, and more inclusive.
Our aim is to be the bridge between current protocols to allow for the easiest transfer of assets. We’re aiming for low-cost high-speed interoperability and by facilitating all of those transactions, DAOventures makes it easier for you to track all of those in an easy-to-use platform with a phenomenal user experience.
During our initial launch, we will open up staking and liquidity mining pools for $DVG on CDz. More info to come on this.
Sarah | Moderator, DAOventures
What does the partnership roadmap look like for the end of 2021 and beyond?
Victor | Co-founder of DAOventures
I believe we are on the right tracking to do cross-chain partnerships to enable more DVG token holders to participate in cross-chain yield farming.
Imagine a DVG token holder, able to use his/her $ erc-20 to actually yield farm on BSC or Polygon. Seamlessly.
That would be great for UX.
It makes sense to start with the fundamentals, then move on to perpetual cross-chain crypto derivatives. Those are already huge on CeXs. Excited to see how it will roll out on DeXs especially on the cross-chain component.
DVG token holders would be one of the 1st in the DeFi space to be able to do cross-chain yield farming!
DJ DeBullz | CDzExchange
These are our upcoming schedules for CDz:
- Upcoming IDO on top tier launchpad to be announced,
- Starting with a strong foundation in fast and low-cost swaps, liquidity mining, and staking to offer incentives for $CDZ and $DVG holders,
- Then focus on crypto derivatives (CDs), beginning with perpetual contracts cause this is a billion-dollar market,
- Cross-chain integrations will come in parallel alongside CDs in the rest of 2021.
Sarah | Moderator, DAOventures
Thanks, DJ DeBullz, I see IDO (sweet!), also liquidity mining, and staking to offer incentives for $CDZ and $DVG holders. And looking forward to crypto derivatives to get us to the next level!!
Sam! So when is IDO and what platform?
DJ Sam | CDzExchange
Our IDO will be on July 2nd on a top-tier launchpad! More sweet details will be announced soon.
10 Best Questions answered by CDz Team:
Q1: Why do you choose to build Token on ERC20 instead of other blockchains such as BEP2, heco…or your own chain while the ERC20 platform is LESS scalable and very slow?
DJ DeBullz | CDzExchange
We will start from Bep20 (Binance Smart Chain) and then subsequently move to Erc20 and forward.
Q2: Does your project support the staking program?if yes. how is your stake system work, what is the requirement for users if they want to stake in your platform?
DJ Sam | CDzExchange
Yes, as a cross-chain DeFi platform we will support staking for $CDZ, $DVG, and pools for our partners!
Our staking systems will be optimized to maximize returns and make it easier for users to stake.
Q3: Marketing is a central element for every project so that everyone knows the potential that a project can bring is vital to achieving the goals set. What is your strategy to attract new users and Investors to your platform and keep them long-term?
MC Liquid | CDzExchange
Check out the video response from MC Liquid: https://t.me/DAOventures/165174
Q4: How do you keep yourself motivated for more developments and non-stop work in this Covid-19 pandemic?
DJ Sam | CDzExchange
Great question — crypto is 24/7 and so is our motivation.
We are a team of crypto junkies and we are absolutely glued to everything that’s happening in crypto. That being said, we see huge opportunities to pave the way for DeFi crypto derivatives, alongside the integration of cross-chain. So day or nite, we rock hard
Q5: Can you list 1–2 killer features of this project that make it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?
DJ DeBullz | CDzExchange
- Cross-chain swap and derivatives trading
- Low fees and high APY%
Q6: Since NFT is popular nowadays, is there a plan for NFT integration?
DJ DeBullz | CDzExchange
The DJs of Defi will be creating exclusive Cds for the $CDZ users!
Q7: Many new projects develop well at first, but then fail to achieve good results. How will you manage and develop your project to gain a position in the market and become a good project in the blockchain industry?
DJ Sam | CDzExchange
We’ll partner with reputable companies in the industry and establish products that the community can actually benefit from. We recently partnered with PARSIQ and of course DAOventures to show our strategic growth.
Our team is well connected in the industry and are actively developing expansion strategies to stick to our long term goals in developing a cross-chain crypto derivatives DEX
Q8: with the DAOventures and CDZ exchange partnership, so it’s rare what both of you are doing to make this collaboration long-lasting and mutually beneficial for both projects? and What are the benefits of this partnership for the community in the long term?
DJ DeBullz | CDzExchange
We are looking to partner together with DAOventures and their community to grow and enable Defi for the future
Q9: How did CDzExchange and DaoVentures make a partnership?
DJ DeBullz | CDzExchange
The DAOventures and CDz team are a perfect fit for partnership. Cross-chain yield farming for the $DVG community on CDz.exchange!
Q10: What are the topmost important priority of CDZ? What is the role of community in CDz? While you build your project, do you take into account community feedback and demands?
DJ Sam | CDzExchange
Of course! CDZ is a project for users, hence hearing the voices of the community and improving our platform is part of CDz’s team philosophy.
Thank you again to our strong $DVG community, for supporting us with the partnership with CDzExchange!
We believe in the grand idea that DeFi investment can be simple, through partnerships like this. Stay tuned for more exciting news from DAOventures!
About DAOventures
DAOventures is a DeFi robo-advisor and automated money management platform. Imagine “Robinhood for DeFi”. It is our mission to make DeFi simpler, accessible & inclusive. We believe in creating a simpler, more accessible, and more open world that is permission-less, inclusive, and guided by our DNA of continuous learning, integrity, and transparency.