REWARDS Token is a frictionless yield farming and a liquidity generation protocol
Andrew (BSC.News):
Hello everyone and welcome to another AMA!
Today we have an AMA with Rewards Token, joined by the Rewards Father š
@Rewardsdev how are you doing today?
Rewards Father:
Im so pumped to be talking to you mate, I’m so excited to answer all your Questions
Andrew (BSC.News):
Hahaha that’s awesome
So how this will work is the AMA will consist of two rounds. The first round will be us going over the questions that I have collected. And in the second round I will open the room up to the community for them to ask their questions. From there you can pick 2 questions that you’d like to answer and they will be the winners of our giveaway
sound good with you?
Rewards Father:
Perfect š¤©
Andrew (BSC.News):
Okay let’s get into it
1. Please give an introduction to yourself and your team. What has influenced you to create Rewards token?
Rewards Father:
I am from Singapore i am full time Block-chain developer, i have worked with many of the Big Block-chain companies. Also I have a lot of great people in my team they are very dedicated towards the Project, I love them. To be Honest after seeing a lot of Scams in the BSC space i though why don’t we Create a token which is 100% Legit and also lets our Holders earn Stable Coins while they sleep, that’s how $Rewards started.
Andrew (BSC.News):
Gotcha
So this actually perfectly leads me into the next question
Rewards Father:
Yes sir
Andrew (BSC.News):
While you did notice the scams in the BSC space…
2. Was there an inherent problem within the DeFi space that you are trying to solve with your project?
And how does Rewards Token solve it?
Rewards Father:
In DeFi I see a lot of problems, I see a lot of people loosing there life savings in the hope of 100x, so we are creating some platforms which will Host IDOs and Presale of 100% Rug Free Legit Tokens. Also we are making a Platform Similar to Poocoin.app which will only advertise Legit Tokens. We are just trying to improve this space as much as we can.
Andrew (BSC.News):
And these platforms are separate to the platform you are already working on?
Rewards Father:
No this Kind of features will be in all platforms we develop, we donāt want any crypto investor lose there money in Rug-pull or scams
Andrew (BSC.News):
Gotcha, thank you for that clarification
3. Can you please give us an introduction into Rewards Token and tell us what your mission/vision is for Rewards Token?
Rewards Father:
$REWARDS is a frictionless yield farming and a liquidity generation protocol. Simply hold your $REWARDS tokens in your wallet and you will get more. In addition to this, you will earn $USDT Rewards Every hour automatically in your Wallet.Ā
Our mission is to give every person a Equal Chance to Earn passive income while not getting scammed.
Andrew (BSC.News):
Oh wow, so you don’t even need to stake your $REWARDS or have it locked as liquidity to earn USDT?
Rewards Father:
Yes it totally works on trade Volumes, when any holder Sells or buys we charge 8% Tax and those 8% is converted into USDT and Distributed among all our Holder as per there holdings
Andrew (BSC.News):
Okay that makes sense
So in theory, if the trading volume is massive, that would make for a pretty great investment!
Rewards Father:
Yes if we have a Trade Volume of 10 Million every Day , we will distribute 800k worth of USDT every single day to all our Holders.
And that to is distributed Every hour automatically
Andrew (BSC.News):
Understood, thanks for that clarification
4. What features are going to be implemented onto your platform?
Rewards Father:
In our platforms we will have a lot of New Features likeĀ
1. Additional Farming Staking While earning USDT.Ā
2. Charts Swap platformĀ
3. Rug Checker ( Which will provide a Risk score to every code )Ā
4. Bots Checker ( Will check how many Bots are aiming towards launch)Ā
5. Wallet Scanner ( Devās Wallet scanner where you can see previous projects of Dev)Ā
and much more
Andrew (BSC.News):
Very neat
and do these cost users a fee to be able to access or is this available to everyone?
Rewards Father, [Jul 31, 2021 at 8:22:25 AM]:
Some of them will be available to all and some of them will be Exclusive for $REWARDS Holders.
Rewards Father:
to Benefit to $Rewards Holders
Andrew (BSC.News):
Understood
And while we talk a lot about $REWARDS, I don’t think you ever got to properly introduce it
5. Can you tell me more about your native token? Please provide the tokenomics.
Rewards Father:
Itās a Great token which has Different tax models for each Buys and Sales :Ā
š¢BUY TAX š¢
š² 8% goes to USDT Rewards
š² 4% goes to Liquidity Pool
š“SELL TAXš“
š² 8% goes to USDT Rewards
š² 4% goes to Liquidity Pool
š² 2% goes to Token RedistributionĀ
š² 1% is Automatically Burned š„Ā
Ā Talking about TokenomicsĀ
We have Great Tokenomics as follows :-Ā Ā
18% – Public PresaleĀ Ā
6% – Private PresaleĀ
28% – LiquidityĀ Ā
3% – Marketing WalletĀ Ā
3% – Teams WalletĀ
2% Airdrop WalletĀ
5% – Platform DevelopmentĀ Ā
14% – CEX & DEX DevelopmentĀ Ā
2% – News Platform and Ticker AppĀ
3% – NFT Market Place & MerchĀ LaunchĀ
20%- Burned
Andrew (BSC.News):
6. What are the use cases for $REWARDS? How are users incentivized to hold their tokens aside from the usdt reward?
Rewards Father:
To be Simple :
People will be able to Earn USDT Rewards and Native tokens as well as they will Be able to use Premium Features of our Portals.
Andrew (BSC.News):
Understood, thanks for that clarification
7. Is Rewards Token audited? How do you plan on implementing a safe-to-use platform so that users do not need to worry about losing their funds?
Rewards Father:
Yes, $REWARDS is Audited by one of the Top most Audit company in whole crypto space. This was done before we even started marketing about it,Ā
we are highly dedicated towards safety and security of our Holders.
Andrew (BSC.News):
That is great to hear
And I am sure that the projects you partner with as well as the projects you list for IDOs and etc will be extensively vetted?
Rewards Father:
Yes, we will do all the due diligence of the project before even considering them eligible for IDO on our IDO Launchpad,Ā
They will need audit for our Certified audit firms as well
Also we will look into the Holdings of the team and Marketing Wallet. So they donāt Rug the project.
Andrew (BSC.News):
Wonderful
No worse feeling than getting rugged am I right
Rewards Father:
Yes I have personally lost a lot of money in BSC scam tokens
Andrew (BSC.News):
Same boat here haha
Rewards Father:
Thatās the reason we need to unite and fight against scams and Rugs
Andrew (BSC.News):
Yeah it’s great! Glad to see projects starting to take initiative to clean up the space
Rewards Father:
If we donāt, this Scammers will kill our Beloved space.
Andrew (BSC.News):
And not just that but, I think that if we want big institutions to view DeFi the same way that we do and have them buy into it, this space has to clean up the scammers
Otherwise I think it will be hard for the defi space to grow as a whole
Rewards Father:
Exactly
So true
Andrew (BSC.News):
Anyways, moving on to a more light hearted topic haha
8. Can you tell us more about the Merch you are planning to release?
Rewards Father:
Thatās a Great Topic Haha.
We have a lot of things planned for this, Everyone loves the monopoly man in our Logo, we will try to play around that design and will try to Spread Awareness about Scams Happening in Crypto world. Also we have the man āDAN FOLGERā in the Team he also has a lot of Ideas about it too.
Andrew (BSC.News):
Who’s Dan Folger?
Rewards Father:
Dan Folger is a Influencer, who has 250k Followers on Instagram as well as he is well know in the Music / Rappers spaceĀ
IG – @danfolger
Andrew (BSC.News):
Oh very cool!
So last but not least
9. Any exciting news youād like to announce here today?
Rewards Father:
Yes thatās the Question Most have been Waiting forĀ
We will be Hosting a Whitelist Presale Starting Tomorrow 3PM UTC timeĀ
For more further updates please join our Telegram @rewardsusdt
Andrew (BSC.News):
Awesome thank you!
So that does conclude the first round of the AMA
Can you please post a link to your social media accounts that you would like our community to follow?
Rewards Father:
SureĀ
Andrew (BSC.News):
Okay great
Thank you again Rewards Father for joining us today, it was a pleasure learning about your project
Rewards Father:
It was my pleasure talking to you Andrew, I loved all your Questions.Ā
I will like to request all the Bsc.News members to come and check out $Rewards on TG : @rewardsusdt
Ā Also if you have any more questions please ask over Rewards group
Andrew (BSC.News):
Yes go check them out and make sure to give them a follow as well for the latest updates
Have a great day everyone š
Rewards Father:
Same to you mate šThis is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.
Source : bsc.news
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