AMA Recap: CRYPTO MINERS X CAPRICORN

Capricorn is an automated market maker (AMM) based decentralized exchange (DEX) for CUBE Chain. Capricorn dedicates to building a robust, efficient, and highly-liquid market with governance token CORN. Capricorn will provide frictionless and efficient trading experiences, benefiting from Ivy Blocks’ millions of USD liquidity investments. Meanwhile, Capricorn will offer sustainable returns to users and stakeholders. Capricorn is an automated liquidity protocol powered by a constant product formula and implemented in a system of non-upgradeable smart contracts on the Cube blockchain. It obviates the need for trusted intermediaries, prioritizing decentralization, censorship resistance, and security. Capricorn is open-source software licensed under the GPL.

We hosted an AMA session with Capricorn on 19th June.

Mr. Ramsy was the host from Crypto Miners and Mr. R. L. was the guest. He shared delightful knowledge and unique features of Capricorn.
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Segment 1️⃣: Introduction

Ramsy | Crypto Miners:
Hello everyone 👋 Welcome to the Crypto Miners AMA session With Capricorn

To help us learn more about the featured project of this AMA session, we are lucky to be joined By Mr. R. L.

R.L.:
Thank you so much for the invitation today to join your tremendous community at Crypto Miners on the behalf of Capricorn Finance!

Ramsy | Crypto Miners:
Welcome here mate ❤️

Thanks for bringing Us Capricorn

R.L.:
Of course, shall we start telling your community more?

Ramsy | Crypto Miners:
Sure, The community waiting for it!

Let’s get started 👍

First of all Please give us a brief explanation about ‘Capricorn’ .What popped up in your mind to create such a platform in this Space?

R.L.:
Capricorn Finance: Capricorn is an automated market maker (AMM) based decentralized exchange (DEX) for CUBE Blockchain. Capricorn is dedicated to building a robust, efficient, and highly-liquid market with governance token CORN.

As the debut protocol of Gringotts Labs, Capricorn Finance has received billions of USD crypto asset liquidity investment and will provide multiple on-chain services for all crypto players, who could trade CRC-20 tokens, provide liquidity to earn trading fees, stake LP tokens, and Capricorn’s governance token $CORN, and also purchase new project tokens on this platform.

Capricorn is also the best official DEX on Cube chain, which has been invested in Huobi Global.

Capricorn will provide frictionless and efficient trading experiences, benefiting from Ivy Blocks’ millions of USD liquidity investments. Meanwhile, Capricorn will offer sustainable returns to users and stakeholders.

Highlights
Hundreds of Millions of USD long-term liquidity investment from Ivy Blocks
Multi-million USD Liquidity Support from CUBE Eco Foundation
Top-tier CEX listing confirmed

Please make sure you follow all of our social links as we get started and check out our testnet event today:

Official Website:
https://publictest.capricorn.finance/

Million Dollar Airdrop coming! Start claiming on June 19th, 2022

https://medium.com/@CapricornFi/million-dollars-airdrop-coming-embark-on-your-cube-journey-e512f6eb25f5
Join TG: https://t.me/CubeCornEarlyBird

Take a sneak peak into Capricorn Flash #Mining and prepare for the #Whitelist Event!
Medium link: https://medium.com/@CapricornFi/capricorn-flash-mining-is-going-live-on-june-15th-win-wl-and-join-949933e040df

Ramsy | Crypto Miners:
Thanks RL for this awesome start about Capricorn 👍

R.L.:
Absolutely, thank you!

Ramsy | Crypto Miners:
Now let’s move to our second question from this segment

Q2) So what are your main features and advantages that discern you from other Projects?

R.L.:
Capricorn Finance is unique in that we are working to create a suite of new products that our community can utilize. Other DEXs today are mostly copy and paste protocols, they don’t develop new decentralized applications [dApps] for their users.

Capricorn Finance is building a long-term project, so we’re not interested only in the old models but adding to the DEX landscape with new applications that can enhance our community’s experience with our DEX over the others.

For example, we’ll have Swap, Liquidity, Farm, Garden, upon launch but we’re also introducing Greenhouse IFO soon!

Greenhouse IFO will allow Capricorn Finance users to participate in the newest projects via Capricorn. Capricorn’s IFO will allow our users to acquire Unicorn projects at the initial state and earn the most.

Ramsy | Crypto Miners:
Q3) How has the experience and background of your team been effective in the success of your project so far?

R.L.:
Many of our team members have been in crypto since the earliest days, some even date back to 2009 and the first year of bitcoin. So, we have a team that has a lot of experience and has seen everything there is to see in crypto.

That sort of experience is impossible to replace and other projects wish they could replicate our talent. We have some of the best developers in the world working on Capricorn Finance.

While other protocols are copy and paste protocols our project is the first to offer so many different dApss that we will release soon, such as our IFO platform that will allow unicorns to launch on Cube chain via Capricorn Finance.

Ramsy | Crypto Miners:
4) Now Share us about your Native token, What are the some of utlities of $CORN Token in Your Ecosystem? And if possible share to us the Tokenomics

R.L.:
Capricorn Finance: Our token’s contract address has yet to be released since we’re still in beta but let me take this opportunity to tell you more about $CORN.

$CORN is a utility token that our users will receive for staking their coins with Capricorn Finance. Users should prepare for a world record APY.

For the entire tokenomics model and breakdown, read more on the site below:

https://docs.capricorn.finance/tokenomics/corn-intro/tokenomics

Ramsy | Crypto Miners:
So let’s hear our last question from this segment

Q5) So how long did it take to develop this project? What plans do you have for the future? And what can we expect from Capricorn If possible could you please share road map with us.

R.L.:
As noted we’ve secured major funding from Ivy Blocks, gathered a supreme team of devs and ambassadors that have built this project from the ground up and we’re about ready to release it to the world on June 21st at 10:00 UTC!

Ramsy | Crypto Miners:
Thanks R. L. for this well detailed introduction about Capricorn:)

R.L.:
You’re welcome, thanks for the great questions to lead off our AMA today!

Ramsy | Crypto Miners:
Let’s now proceed to our Twitter Questions section

i hope you’re ready for that!!

R.L.:
I can’t wait to tell your great community more! Let’s proceed!

Segment 2️⃣: Twitter Questions

Ramsy | Crypto Miners:
1) I have read that Capricorn Finance’s most awaited FLASH MINING will be opened on the 20th of June. What are the requirements to be eligible to join this FLASH MINING? For how long will this event take place? And is this only exclusive for people who secured a whitelist spot?

R.L.:
Take a sneak peak into Capricorn Flash #Mining and prepare for the #Whitelist Event!
Medium link: https://medium.com/@CapricornFi/capricorn-flash-mining-is-going-live-on-june-15th-win-wl-and-join-949933e040df

Eligible users for Flash Mining: Users who get whitelist quota
How to join Flash Mining: Stake $CUBE to earn $CORN!
Flash Mining duration: 24 hours! Starting from 04:00 (UTC) June 20~ 04:00 (UTC) June 21
Flash Mining Pool: 20,000,000 $CORN
Snapshot Time for Whitelist Qualification: 16:00 (UTC) occurred on June 17.
Whitelist Quota: 10,000
Flash Mining Whitelist Application: https://forms.gle/6zEKzTJawQUvrdhNA
How to get Whitelist: (including but not limited to, for your reference)
Full Details: https://medium.com/@CapricornFi/capricorn-flash-mining-is-going-live-on-june-15th-win-wl-and-join-949933e040df

Ramsy | Crypto Miners:
2) I read that Capricorn has developed the indispensable function — #Farm for users to earn higher rewards: Earn LP Rewards via providing liquidity and Earn Farm Rewards via #staking. Can you tell us how does this feature works and what is the APY% we can earn in this feature?

R.L.:
Our users have the opportunity to earn the highest yield in all of DeFi during BONUS WEEK which is about to begin!

BONUS WEEK the $CORN block reward will be higher, and user APR will be higher and after 2 weeks the APR will go down.

Ramsy | Crypto Miners:
3) CORN is the token that powers the Capricorn ecosystem. Can earn CORN in Farm or buy it on the exchange but could you explain me what other functions have you developed for this token in the structure of your DEX AMM? What other benefits does this token offer to its holders?

R.L.:
Capricorn as the first and best DEX on Cube chain has the first mover advantage like Uniswap or SushiSwap. This could be the last good chance to participate in DEX as the bear market begins.

$CORN is the utility token of Capricorn fInance that users will receive the highest yield in the world during BONUS WEEK!

Ramsy | Crypto Miners:
4) Ivy Blocks has come out in favour of Capricorn. What advantages does Capricorn have that Ivy Blocks is willing to pay hundreds of millions of dollars for? Is investing so much in Capricorn safe and secure? What makes you believe it will develop quickly and steadily?

R.L.:
Our team at Gringotts Labs just received a $300 million liquidity investment from Ivy Blocks, so we’re building a project that is built to last. I can’t speak for them personally but I believe they invested in Capricorn Finance because the cryptocurrency and blockchain sector needs a truly efficient DEX.

With the recent launch of Cube chain, Capricorn Finance was given the opportunity to build atop a new protocol that is more scalable and able to handle great transaction throughput.

Unlike Unisawp that’s built atop Ethereum, on Capricorn Finance users won’t have to fight for blockcpsace. Thus, our users at Capricorn Finance will enjoy cheap and highly efficient transactions while earning high yield.

We have the funding to build an elite project, so that’s what we’re doing for our community at Capricorn Finance!

Ramsy | Crypto Miners:
5) Is capricornfi a global platform? Know that some countries have very strict regulations for DeFi platforms, so this limits globalization and adoption. How has managed to overcome this problem to become a truly global platform and make its services available to all users?

Here is our last question from twitter

R.L.:
Capricorn Finance: Capricorn Finance is for all people, not just a few. As long as you have access to Capricorn then it’s for you. We embrace all languages and regions around the world — that’s one thing that makes DeFi so great, I’ve created great relationships in crypto with people across the world — Capricorn’s community is like a family!

Ramsy | Crypto Miners:
That’s the wind up of our twitter segment

Now Moving on to our last segment — Live Q&A

Shall We Go mate?

R.L.:
Yes, let’s head to the LIVE segment now, I can’t wait to hear from your community today!

Ramsy | Crypto Miners:
🤩🤩
Lets go then

Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and Miners sent hundreds of questions. Guest choose some best to answer)

1) @_ 𝐋𝐄𝐎 𝐌𝐄𝐒𝐒𝐈 _@:
Do you have a AUDIT certificates?
or
are you working to AUDIT your project, so that the security of the project becomes more secure And reliable,??

R.L.:
Capricorn Finance underwent our first audit and the entire report is linked on our docs page. Users can learn about how safe Capricorn Finance is now from a third party here:

https://docs.capricorn.finance/audits

2) Manugotsuka:
After your launching this 21st June, what is your next objectives?

R.L.:
Our IFO platform will be live soon as well, which is where major unicorn projects will launch their projects.

3) /’\/’\‌_im 3:
How can the community be involved with your project? Is there any channel or group with local communities where users can get the latest updates?

R.L.:
Make sure you follow our social channels and bookmark our website, there’s so much coming up this week including our $1 million airdrop!

4) 𝕣𝕒𝕚𝕤𝕥𝕒𝕣_🏂_𐐚oss:
Staking programme is very important for Any project, Can i stake Your token? Do You have any Plan of starting staking programme?✌️

R.L.:
Of course, our staking programme is about to go live on Tuesday when Capricorn Finance officially goes LIVE!

Do not miss BONUS WEEK where our community will get to participate in and generate world record breaking yield!

5) Summer:
I read that Capricorn Finance allows users to be able to freely trade any assets on its platform meaning it is CROSS CHAIN INTEGRATED. So how are gas fees treated in Capricorn? How can we ensure the speed and reliability of transactions made in your trading platform?

R.L.:
I touched on this a bit at the beginning but by utilizing new tech from Cube chain and our devs building new protocols atop of that chain including Capricorn Finance, our devs have set us up for a truly revolutionary cross-chain interoperable solution.

We will have cheap fees, high transaction throughput, and a devoted team and community that are setting this project up for long-term success!

*This segment ends here*

Ramsy | Crypto Miners:
Thankyou so much R. L. For your valuable answers and information about Capricorn,
It Was Pleasure Hosting An Ama With You

Time To Conclude Our AMA Section

Is there anything else you would like to share or you want us to know ?

R.L.:
Make sure you are ready for our $1 million airdrop, Flash Mining, and launch all coming over the next 3 days! I hope everyone gained value and we see all your users over in our telegram community! If anyone has any questions our admins are wonderful and will answer any questions that you have — thanks for a wonderful AMA! Cheers!

Thank you, friends!

Ramsy | Crypto Miners:
We Wish all the very best for Project Capricorn And The Entire team behind the project ❤️🤝

Community, if you would like to learn more about Capricorn, here are some useful links for you:

Website: https://publictest.capricorn.finance/#/
Twitter: https://twitter.com/CapricornFi
Telegram: https://t.me/capricornfi
Medium: Capricorn Finance
Docs: https://docs.capricorn.finance/

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