AMA RECAP

CRYPTO MINERS
7 min readJul 22, 2021

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CRYPTO MINERS X BABY SWAP

Venue : @Crypto_miners_Community
Date : 22nd July, 2021
Time : 1PM UTC

Guest : MR. Baby A( BABY SWAP)
Mr. Rainhard & MR. Dominik shared with us a well detailed insight into the Project and Unique features of BabySwap…

SEGMENT 1️⃣ — INTRODUCTION

WOLVERINE | Crypto Miners:
Hello community , welcome to a special AMA session with BabySwap.

Baby A | BabySwap:
hello CRYPTO MINERS community! Happy to be here with you guys

WOLVERINE | Crypto Miners:
OH! Let's start without making much delay!😁
Introduce yourself please. How did you get to be involved in crypto & BabySwap?

Baby A | BabySwap:
Hello all, Baby A here, Global Operating Director of BabySwap. Happy to answer your questions.

I have worked in and around crypto since 2017 helping start-ups in the space. I worked with wallets, OTC trading platforms and top tier DEXs. I have a deep interest in exploration of new ways to use tokenomics to build financial service and ecosystem.

WOLVERINE | Crypto Miners:
So Can you give us a brief explanation about 'Baby Swap' .What pop up in the mind to create such a platform in this space?

Baby A | BabySwap:
BabySwap is devoted to building the best AMM+NFT BSC decentralized exchange for newborn projects, providing a more friendly trading experience and better project support.

So basically you can do swap, farm, and pool on BabySwap. We provide trade mining, growth funds to projects farming on BabySwap. And we have our own NFB series which can be used for staking and will launch the NFT marketplace in Q3.

We position BabySwap as a DEX that provides a more friendly trading experience and more supportive services for small and middle projects.

We believe that Defi ought to be the finance service that easy for everyone to participate, for both individual and professional users. While we noticed that, there are a lot of crypto start-ups that focusing on real-world problem-solving and do create value, but usually lack of attention, business resources or initial capital. We hope to offer baby projects and baby users a more easy-to-use platform for trading, coin listing, promoting, and even value growth.

WOLVERINE | Crypto Miners:
So what are your main features that distinguish you from other projects and what competitive advantages do you have?

Baby A | BabySwap:
Besides the basic features that are the same as other AMM DEXs — swap, farms, and pools, BabySwap has some innovative optimization and support services:

I. Trade mining
II. Tether (USDT) route
III. BabySwap NFBs & NFT marketplace
IV. NFB Staking
V. Bottle growth funds

All these features empower BABY with various utilities and deploy a healthy ecosystem around BABY.

Here let me explain about the trade mining. Simply put, you will get BABY mining reward every time you trade on BabySwap. Normally there are 28 trading pairs available for trade mining, which is also the same as our farms. 40% of the $BABY block emission will become trade mining rewards. It's just profitable.

WOLVERINE | Crypto Miners:
Cool ! how can we Earn BABY and other tokens in this platform? Provide an overview on the various staking and pools in Babyswap? 😉let's continue from where you just stopped !

Baby A | BabySwap:
BABY is the core token that powers the BabySwap ecosystem. You can earn BABY through:

-Stake BABY in Snack Pools to earn free BABY
-Stake Altcoins and USDT in Yield Farms to earn more BABY
-Stake NFB in the NFB staking pool to earn BABY

The NFB staking pool is just live on our website! First hand news ;))

WOLVERINE | Crypto Miners:
What does BabySwap offer to your potential partners who want to register their tokens listed on your DEX?

Baby A | BabySwap:
First of all, as all the AMM DEX, projects can "list their BEP20 Tokens" on BabySwap. It means to add liquidity of this token's trading pair, so that people can swap this token on BabySwap.

BabySwap is designed for "baby" projects. So newborn projects are the most welcoming. Projects can have their coin listed in BabySwap farm and pool. And they can take part in the Bottle growth fund campaign.

Let me explain about the bottle growth fund. Each week, 0.05% of the trading fee of the whole BabySwap will be bought back into BABY as the Bottle growth fund. Only the projects with top trading volume can be listed in our bottle campaign. Users will be able to vote with BABY to support their favorite projects, and the winners each week will share the growth fund.

And to put it up front, although BabySwap is open for all start-ups, we still have certain standards for cooperating projects. This is to ensure our users' safety and the sustainability of platform.

WOLVERINE | Crypto Miners:
Can you share more details about the Baby Swap Tokenomics,is there any particular vesting schedule if so can you share more about it?

Baby A | BabySwap:
[Total Supply] 1 billion BABY

[Allocation]
1% for ILO
9% for partnership with ecological construction - unlocked linearly in 9 months
10% for development - unlocked linearly in 20 months
80% for BABY community through block emission

[Block Emission Distribution]
Trade Mining - 40%
Yield Farm - 40%
Snack Pool - 20%

It is worth noting that, 40% of the block emission goes to trade mining rewards. So trading tokens or arbitrage on BabySwap is just profitable.

WOLVERINE | Crypto Miners:
Cool ! So what are the risk management policies that babyswap uses to safeguard the investments and credits granted by its platform?

Baby A | BabySwap:
Absolutely. Our team gets all the security concerns from users. We value our users' and investors' assets security. So we have BabySwap passed the CertiK audit process, build deep cooperation with CertiK using their Skynet service and we are an open-source project. And BabySwap will never have lending business. So your funds are safe here.

Certik Audit Report: https://www.certik.org/projects/babyswap
Github: https://github.com/babyswap/baby-swap-contract

SEGMENT 2️⃣ — Live Q & A

Emilia:
Which market are you currently focusing on, or are you focusing on building and growing to get customers, users and partners?

Baby A | BabySwap:
We have launched two plans to build corporation with outstanding partners in the crypto world - BabySwap Friends and Special Baby Series. We now have a close partnership with great crypto medias like BSC news, BSC Daily, and BSC army. Also me build strategic relationship with CoinMarketCap, Binance, ONTO Wallet, SafePal Wallet, TokenPocket, CoinGecko, Helmet Insurance, etc.

Now we have two ongoing airdrops that are cooperated with BSC News, Bitkeep wallet and Coinhub wallet. Check them:
https://twitter.com/Coinhub_Wallet/status/1417395187840520192
https://twitter.com/news_of_bsc/status/1416850263256805376
https://twitter.com/BitKeepOS/status/1418138729659596800

We plan to have a rapid expansion our BabySwap Friends list. New farms and pools are in preparation. Follow up so you don't miss anything.

AMAL DEV18:
What special advantages will people who keep on reinvesting in evan will have is it just like normal users or as they reinvested they have special features ? As new features will attract many users to reinvest

Baby A | BabySwap:
Our advantages are convenience and low cost. The basic features are the same as PancakeSwap — swap, farms, and pools. But Tether (USDT) route is the advantage that makes BabySwap special.

Unlike other AMM decentralized exchanges on Binance Smart Chain, our recommended route is Tether (USDT), not Binance Coin (BNB) or Binance USD (BUSD). Arbitrage between BabySwap and other DEXs or CEXs can cost much cheaper. Not to mention that you can get trade mining rewards along with the arbitrage. Now it's a wealth code.😉

Rosana:
🍀Is there a plan to include emerging trends, such as NFT, into Babyswap? or do you intend to stick to your present roadmap objectives?

Baby A | BabySwap:
NFT is written on BabySwap's roadmap. We see NFT as one of our most valuable elements. We also plan to have our own NFT market online in Q3. Our ultimate goal is to build the bridge for Crypto worlds and arts outside of the crypto.

NFB stands for Non-Fungible Baby, a piece of BabySwap minted NFT that not only a piece of art. Each NFB will have its face value, such as 1000 BABY. Users can stake their NFB into the NFB staking poolwith the face value, but earn with a higher APR.

Meanwhile, BabySwap ranked trading volume No.1 on Treasureland for three weeks along from we listed, exceeding PancakSwap NFT and Binance NFT. People are collecting and trading our NFB and they made good profit!

⚽️⚽️ SuperStar⚽️⚽️:
Do you have any Coin Burn / BuyBack systems or any Token Burn plans to increase the value of Token & attract Investors to invest?

Baby A | BabySwap:
In the period of BabySwap farm/pool event, 50% trading fee will be buyback to BABY, and the other 50% will be exchanged to USDT to provide LP for BABY-USDT. Meanwhile, these LPs used for BABY-USDT will be burned, which means this part of liquidity is locked. Also, 0.05% of the trading fee of the whole BabySwap will buy back BABY and burn every week. And more is that all the face value BABY of minted NFB will be locked.

Alice:
🔥BabySwap is supposed to help new projects that come into the BSC ecosystem, how can those new projects contact BabySwap to make use of the platform and get to be known?

Baby A | BabySwap:
Projects shall contact BabySwap to be listed or join farm/pool, use this form: https://docs.babyswap.finance/contact-us/business-partnerships We have a professional team to make further discussion.

— AMA CONCLUDED —

Follow BABYSWAP here for the Latest Updates…
💎 Baby Swap

Twitter: https://twitter.com/babyswap_bsc
Github: https://github.com/babyswap/baby-swap-contract
Medium: https://babyswap.medium.com/
Telegram Group: https://t.me/baby_swap
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👶🏻BabySwap Website: https://home.babyswap.finance/
🍼Litepaper: https://docs.babyswap.finance/

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CRYPTO MINERS
CRYPTO MINERS

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