BSC.NEWS hosts HyperJump, a ThugsDAO initiative that is rebranding $Thugs. All questions were answered by @pest, @Horn Solo, @Hammerloaf, @Samurai Crypto, @Crypto S.I.N., and @Crypto Supply Co.
Crypto Shrimp (AMA Host): First off, Welcome HyperJump Team to BSC News, its a pleasure to be host for you guys too!
Thanks for having us!
Crypto Shrimp (AMA Host): room is now locked so do check if you guys can type in the chat now
Horn Solo: Test test is this on?
Hammerloaf: Test test
Samurai Crypto: Test
Crypto S.I.N.: 1..2…1….2
Crypto Shrimp (AMA Host): nice!
Q1 most of the people know you guys from thugs, but do let us recap who are on HyperJump team currently and what are their roles?
Samurai Crypto: I can jump in real quick and just divvy out questions just so everyone knows, for starters… The team is majorly the same people minus 8ball as everyone is quite aware of. A few others had real life to attend to and are on a hiatus but other than that the team has remained strong and in tact and is actually growing during the rebranding process. We have added multiple new developers this week and are continuing to build out the talent we have available. We would even encourage people who would be interested to reach out!
Crypto Shrimp (AMA Host): hahaha i know its a big group of ya, feel free to cut into the convo, wanna make it a causal one and get to know the great new project
Samurai Crypto: More specifically Theo is our lead developer, CSIN handles day to day management and accounting and Horn focuses on branding as well as the website and content focused roles. Everyone is welcome to work on what they are passionate about. The DAO channels have 32 people in them currently as well.
Hammerloaf: I leak stuff 🙂
Horn Solo: He leaks the good stuff.
Crypto Shrimp (AMA Host): hahaha we will get there for sure
Crypto Supply Co: I work on Partnerships and collaborations. =)
Crypto Shrimp (AMA Host): thats good allocation of work for the top man
Horn Solo: Hammer leads a band of degens who take risks and feels out projects so you don’t have to.
Hammerloaf: Also true
pest: I do little tools and some background stuff like maintaining the defistation TVL info …
Hammerloaf: QA taken to a while different level.
Q2 what inspired the new relaunch project name? don’t get me wrong on this one, just asking how you guys came out with the name
Horn Solo: It was a furious mad brainstorming session one day.
Crypto S.I.N.: everyone in dao pitching ideas
Hammerloaf: Yeah, maybe two days
Pest: loong day of brainstorming
Crypto S.I.N.: we work best on the spot, lol
Crypto Shrimp (AMA Host): would take me 2 yrs to come out with a name man… so you guys are great and its a great name too
Horn Solo: We pretty quickly new we wanted to do something Sci Fi, and then we went through a million names and tickers, looking into what was available and working through what we could do with them.
Horn Solo: I honestly can’t remember the first person who through out Hyper, but we ideated on that for a while after.
Crypto S.I.N.: broke up into groups…tokenomics, design, devs
Samurai Crypto: It wasn’t exactly an inspiring moment when we decided to rebrand it was more out of necessity. As many are aware we had to switch to new contracts to avoid any future security issues with an outgoing founder having had access to various private keys and such. We also had become more aware of the THUGS branding’s glass ceiling from not only a branding perspective but just market acceptance in general and we thought why not use the contracts swaps as a way to further improve our brand and clean up any mess caused by the exit of 8ball in the manner he did it. @hornsolo has been championing the new brand and as a team we all agreed on various elements together and we are much more comfortable building a game around this concept than the previous one.
Crypto Shrimp (AMA Host): a clear division of job, makes the company function well. ya exiting is an art, but not all of us are an artist i guess
Hammerloaf: Truly, I look at it like an excuse to make our brand more accessible and family friendly.
Crypto Supply Co: We wanted to reach a broader audience, the rebrand makes it easier to list on sites.
Pest: opportunity 🙂
Crypto Shrimp (AMA Host): i see even cryptogirlfriend has a hyperjump suit now too
Hammerloaf: It’s gonna be all the rage.
Horn Solo: It’s definitely a fun theme that a lot of people can dig into.
Crypto S.I.N.: catching on already…..and we haven’t even finished migrating. I would say thats a good step in he right direction
Horn Solo: And I think people will get into more as we develop it.
Q3 lets know more about HyperJump, what are the new tokenomics of the project?
Crypto S.I.N.: burn, burn, burn the farming token down lol
Crypto Shrimp (AMA Host): hahhaa
Hammerloaf: Reward holders aggressively.
Horn Solo: I’ll post a relavant graphic after all the wordy stuff.
Samurai Crypto: As many were aware the THUGS tokens would burn a % of tokens on each transaction based upon the market price and the multiplier from the launch price. Well with HYPR we decided it would be much more effective and the community would love the change if we simply handed 50% of those burns right back to them. Not only would this create a much stronger HODL incentive but it also helps give back to those who have supported us. We also continue to burn 25% of the tokens to keep HYPR deflationary. The other 25% goes to the burn vault for funding use. The price floor was also adjusted based on the relaunched contract and the maximum burn rate reduced to 33% based on feedback from the community.
Crypto Shrimp (AMA Host): i see thats good consideration and definitely rewarding for the supporters.
Horn Solo: Then with ALLOY, the farming token, we are adjusting the supply with a 10:1 conversion from DRUGS and adjusting the emission. We will have both 0.1% of AMM fees buying back ALLOY and burning it, as well as a 1% deposit fee on farming pools to do the same. Quick guys check my numbers. Here’s a little info graphic to go with it.
Crypto Shrimp (AMA Host): that covered alot of stuff and numbers too
Q4 whats the difference between HyperBurn and HyperAlloy? besides the burn, will there be a difference in use case?
Crypto S.I.N.: without the LP deposit fee burns, cause we added that as a last minute bonus burn
Horn Solo: The immediate use case of HyperBurn is passive yield. But we have plans for future use in our other products in the pipeline. Same with HyperAlloy, farming partner tokens is the immediate use case, but some special things lined up for the future.
Hammerloaf: Keep in mind the long vision is building innovative games on the blockchain.
Horn Solo: Hammyleak.
Crypto Shrimp (AMA Host): ok i see a good difference in both token too, which will bring up alot of possible developement in the future
Q5 do you guys have a relaunch roadmap that you can share with the audience?
Pest: feel like leaking hammy?
Crypto S.I.N.: in a way, the roadmap hasn’t changed much….the goal is still the same. the theme around it and tokenomics maybe different, but once we get migrated over then we can really draw it up
Horn Solo: Yeah, the broad goals are the same. We are just having to go back and redevelop a lot of the content everything is going to be based on.
Hammerloaf: Horn Solo is building a universe
Crypto S.I.N.: lock him up
Crypto Shrimp (AMA Host): thats great, nothing beats knowing a goal and working your way there..
Hammerloaf: Our releases will all be part of that narrative.
Crypto S.I.N.: we will have little teasers as always from time to time
Horn Solo: Ha ha ha, yeah we had a few artists working behind the scenes on new characters and locations. I was also in the process of world-building and writing a narrative, so we have begun that process again.
Q6 i know you guys are in the middle of migration, will the users be given a step by step kinda guide on what to do with the current tokens and migrating to the new tokens
Samurai Crypto: The current step by step guide just to keep things simple is to provide us with your THUGS address and purchase TX so we can finalize the last 7% of tokens manually to avoid any messy situations with arbitrage and the locked liquidity and so on. After that we will release the ALLOY swap page and users can use that contract to swap DRUGS / GUNS / EAST / WEST to ALLOY.
Horn Solo: We will also release another video where Kiki will walk you through the process, like the previous THUGS to HYPR video.
Crypto Shrimp (AMA Host): thats great a video work wonders
Hammerloaf: Kiki is our video pro 🙂
Crypto S.I.N.: exactly, and we have also started incorparting all our new videos in simple admin commands for tg users. this way, u ask….we give u a simple video guide
Q7 what about the safety and security measures in place for this relaunch? like any audits done or in the plans etc?
Crypto Supply Co: i got this
Crypto Shrimp (AMA Host): preventing hammyleaks haha
Crypto S.I.N.: supcos dept
Pest: few understand that this is probably the safest project in defi on bsc
Crypto Supply Co: We are in talks currently with an Auditor, once contracts are live, we will submit them. I don’t want to “jump” to release who just yet, however, everyone will be pleased with the firm. We dont want to announce until its completed.
Pest: Theo is a genius. fixed pcs syrup stuff first
Crypto Shrimp (AMA Host): yes thats good enuf for everyone i think cause they know they are well taken care of
Samurai Crypto: I would also like to add that we are not facing any issues other than someone having an unchangeable private key after quitting. Not a huge security breach or anything crazy. Which is rectified in the HYPR contract of course.
Crypto Shrimp (AMA Host): being unchangeable will actually solve quite a good lot of problem..
Crypto S.I.N.: and we have been here protecting users from day 1, that will never change
Crypto Shrimp (AMA Host): no doubt about that!
Q8 will there be collaboration with other projects and is there any that have been firmed up?
Hammerloaf: So many good ones. 🙂 I’ll bite my tongue.
Crypto Shrimp (AMA Host): haha
Crypto Shrimp (AMA Host): thats a good one, would be disappointed if they don’t
Horn Solo: Is this where I jump in and do Yacko’s 50 states song but with partners?
Crypto Shrimp (AMA Host): im sure everyone will love to collab, but give us a few names
Samurai Crypto: One large partnership that was already discussed openly this week was ChartEx, users will have to stay tuned for more details but they are a well respected UniSwap Charting Software and we are working with them very soon.
Samurai Crypto: And I believe about 4-6 others right during/after.
Crypto Shrimp (AMA Host): thats huge!
Horn Solo: Yeah if you missed the tweet:
Crypto Shrimp (AMA Host): thats what we are looking for !
Crypto Supply Co: I handle the staking programs.. we are rolling our the staking partners as each project nears. my list is insanely long.. there is a wait list at this point.. so for staking.. get your alloy ready.
Crypto S.I.N.: we have a bunch. of different collabs in the planning dept, from promotional events to future project relations….but more on that as they are announced
Hammerloaf: Yieldwatch was an alpha leak 🙂
Crypto Shrimp (AMA Host): superb
Horn Solo: Those are just a few of the partners we have to begin with. Crypto Supply Co and CSIN have been insanely busy.
Q9 the slogan says gamify defi, is that a hint that there’s some kind of gameology in the development?
Horn Solo: lol hammer
Crypto Shrimp (AMA Host): hahahaa
Samurai Crypto: Well yes would be the simple answer but I’m sure Horn has a wall of text coming.
Hammerloaf: Needless to say. We have a lot on the go.
Horn Solo: Gamify, yes. NFTs interacting with defi protocols has been a plan from the beginning. Games have been also. All of this interacting is the long term goal.
Hammerloaf: SupCo has been sleepless for days.
Q10 what about the short term development that are in the process or expecting soon ?
Horn Solo: Short term is to relaunch and get our new farm and swap going. Then we can focus a more detailed road map. We have something in the works but I’m not a liberty to say what, but it’s a peak into the future of HyperJump.
Samurai Crypto: Ideally our first goal is simply to get back to a normalcy and relaunch all of the current contracts with their new improved versions of course. After that we can go back to turning on new pools and vaults and work on that side of the ecosystem more, we also need to figure out a way to allow Theo to sleep so thats a large issue, the guy won’t stop coding!
Hammerloaf: I want to leak so freaking bad.
Crypto Shrimp (AMA Host): sorry im so evil to make you bite your tongue
Horn Solo: nuh uh. hold it back
Pest: i miss old times thugs leaks
Crypto Shrimp (AMA Host): i think you guys did a very good job on returning back to normalcy !
Hammerloaf: Another component of the short term strategy is our own full archival node. Our swap and info will be world class and fast. Oh and a second redundant node.
Crypto Shrimp (AMA Host): thats great stuff, fast goes along side with hyper for sure!
Q11 how about the long term goals/ roadmap that are being planned for the future development of HyperJump? now we know about the NFTs, will it be lending protocols?
Samurai Crypto: I wouldnt rule anything out as we like to stay on top of what users want to see but it would need to mostly fit into our longterm goals of gamified DeFi protocols. Especially this early on. But who knows the space is constantly changing at a fast pace!
Crypto S.I.N.: plus, i like niche’s….we have ours, beefy has there’s, and maybe some future partners might have one that fits into that models and flows with us. rather then trying to be a 1 stop shop
Crypto Shrimp (AMA Host): yes finding how out to collab and giving it a chance plays a big part in growing together within the same sapce
Crypto S.I.N.: we could focus n being a 1 stop crypto economy
Samurai Crypto: Do not try to do everything. Do one thing well. – Steve Jobs
Crypto Shrimp (AMA Host): thats well said
Crypto S.I.N: 100%
Q12 do share some links to the hyperjump, social media/TG/ medium for the audience to find out more on the project. so that the wider audience now know where to find out more about the project.
Main Telegram: t.me/hyperjumpbsc
HyperJump (ex thugs.fi)
Farm, stake, and swap like a thug in a fun token ecosystem built around NFTs, gaming, & innovative tokenomics. Exclusively on BSC.
Theos Twitter: twitter.com/ThugTheo
Thug Theo (@ThugTheo) | Twitter
The latest Tweets from Thug Theo (@ThugTheo). @HyperJumpBSC Lead Developer $HYPR $ALLOY (previously $THUGS) “Live Long And Prosper. The Streets, Mars
Join the HyperJump (ex thugs.fi) Discord Server!
Check out the HyperJump (ex thugs.fi) community on Discord – hang out with 2,708 other members and enjoy free voice and text chat.
Samurai Crypto: :
The new website url is HyperJump.Fi
Samurai Crypto: But Horn Solo wanted to go on vacation all week so its not completed, sorry! (joke)
Crypto Shrimp (AMA Host): dont miss out any medium articles too
Ah yes hyperjumpbsc.medium.com/
HyperJump – Medium
Read writing from HyperJump on Medium. Every day, HyperJump and thousands of other voices read, write, and share important stories on Medium.
we also are already on Coingecko again www.coingecko.com/en/coins/hyperjump
HyperJump price, HYPR price index, chart, and info | CoinGecko
Get HyperJump price, HYPR chart in real-time, volume, market cap, exchanges and more.
Crypto Supply Co: Our biggest strength is the HyperJump community and our team. We’ve persevere through some challenges. We are still here building the BSC space together» We’re not looking back, we’re HyperJUMP’in to the Future.. with everyone here on this spaceship!!
Horn Solo: Serious note about the website, farm, swap etc… I know a lot of people are wondering when everything is going to launch. Hammy brought up our archival node.
Crypto Shrimp (AMA Host): you guys are a herd of beast!
Horn Solo: So the archival node has to sync every block from the beginning of BSC, and that was going along at a pretty constant pace. However over the past month or so the amount of transactions per block has shot up exponentially. It’s impossible to have an exact guess, and the syncing slows down as the activity on the chain increases. And the thing is, we do not want to release our new farm and swap without price, APY, TVL etc… all of that information relies on the archival node. So we are all itching to get everything out the door, and we are almost there, but we cannot give an exact time that it will happen. So please keep up with our socials and join us while we figuratively countdown.
Pest: its important to get a good start
Crypto Shrimp (AMA Host): yup not rushing into things is good, quality will definitely drive up the organic growth
Q13 Lastly untie hammerloaf, we all want some more juicy alpha that you are willing to share today with all of us:)
Hammerloaf,: Can I drop it?
Crypto Shrimp (AMA Host): unleash hammyleak!
Pest: pliiiiiiizzzeee. thats ur leak
Horn Solo: I dunno what you wanna drop but I bet you gonna do it.
Crypto Shrimp (AMA Host): hahaha. i guess we had the yieldwatch, NFT gamify and chartex leaks so far. which is to me good enuf, i dun wan hammerloaf to bite his tongue too much
Horn Solo: I’m going to pre-emp here lol
Figure it out lol
Crypto Shrimp (AMA Host): wow big one!
Hammerloaf: That’s what I was looking for and he beat me to it!!
Samurai Crypto: We’re also working with other projects to help bring them to the BSC ecosystem one way or another if theyve been around a long while but no names on that front we want to share yet.
Hammerloaf: We have made it a mini mission to help ETH projects hit the ground running on BSC.
Samurai Crypto: maybe even Bitcoin forks and others too!
Crypto Shrimp (AMA Host): so many alphas!
Hammerloaf: Established and trusted projects are much needed on this chain.
Crypto Shrimp (AMA Host): yes and working together is the best thing ever. Thank you guys so much for being here today on BSC News AMA, im sure now we are clear on what is to expect in the upcoming relaunch and also more assured that our investments are well taken care of as well. I will now unlock the room for some live questions, after I lock the room back you guys can pick some questions to answer. after you are done we can conclude this AMA. 🙂
Hammerloaf: A chain is by definition strong, and our team will never be it’s weakest link.
Horn Solo: Thanks for having us!
Hammerloaf: Yes, thanks so much
Crypto S.I.N.: Yes, thanks for having us here!!
Crypto Shrimp (AMA Host): its been my pleasure too.
Thank you HyperJump Team, I appreciate the time and effort for attending this AMA and also trying to let everyone learn more about HyperJump, I wish you guys great success and a smooth relaunch ! A transcript on this AMA will be out shortly for those who wish to catch up on it. Cheers guys!
for those who wish to ask more questions
Do check out the links for more information:
Main Telegram: t.me/hyperjumpbsc
Theos Twitter: https://twitter.com/ThugTheo
Discord represent discord.gg/qK9Fxate
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.