AMA Recap: CRYPTO MINERS X SAFEHAVEN DEFI

Safehaven is a decentralised platform that connects the gap between cryptocurrency and fiat currency bringing the benefits of DeFi and passive income generation accessible to both experienced and newbie crypto users in the crypto space.

We hosted an AMA session with Safehaven on 20th November at 4:00 PM UTC.

Mr. Ramsy was the host from Crypto Miners and Sammy from Safehaven was the our guest and shared delightful knowledge and unique features of Safehaven.

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Segment 1️⃣: Introduction

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Ramsy:
Hello everyone 👋 and welcome to the Crypto Miners AMA session Safehaven DeFi

Thank you all for joining us today!❣

Sammy | Safehaven CM:
Thank you guys for having us here

Ramsy:
To help us learn more about the featured project of this AMA session, we are lucky to be joined By Sammy , Welcome to our community 🤝

Glad to see you here ,
Thanks for bringing Us Safehaven DeFi❣

Sammy | Safehaven CM:
👍👍👍

Ramsy:
I'm pretty sure that our AMA participants are very much excited to learn more about Safehaven DeFi, so let's get started if you're ready!

Sammy | Safehaven CM:
Definitely, we are ready

Ramsy:
So let's go 🚀

Q1) Can you give a brief explanation about 'Safehaven DeFi' .What popped up in your mind to create such a platform in this space?

Sammy | Safehaven CM:
After looking at so many issues on in the crypto space today which is ofcourse very paramount in Bsc space. We agreed that it will be a good thing to have a safe platform where investors can feel relaxed of their investment without the fear of rug or honeypot. Not only that, we also want to replicate this across Bsc space with one of our utilities which is called safezone by dealing with projects that we think are safe by carrying out some plenary check on the projects. These types of projects will have a section on our platform as compared to others that did not pass through such verification

Ramsy:
Impressive 👌

Now let's see our second one..

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

Sammy | Safehaven CM:
Our features include but not limited to:

✅Safestake: Staking and farming
✅Safepad: Launchpad
✅safezone: Token listing
✅Buyback & Burn: To stabilize the price and also reduce the already limited supply of the tokens as we continue to to grow
✅Eth -bep-20 reward (8%) to all our holders which will allow them to make passive income while they are holding and the team is working on the utilities
✅Currently at 3.3m circulating supply
✅Team KYC'D and contract audited
✅Transparent Team
✅Listed on CG & CMC within 2 weeks of launch

Some of the rewards as sent to the group by our investors are these:

We have many of them and we think if we have the needed volume, every investor should make back his/her initial investment on reward without selling the token

Which in turn will us real diamond hands and long term holders

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

Sammy | Safehaven CM:
Firstly, this is version 2, we had V1 but we had issues with the marketing. We did not have marketing wallet which caused us to result into using personal money for the marketing at some point. We then sit down and agreed that we can not have a bright future with the project without marketing wallet. You will all agreed with me that if you take marketing away from a project, the project will suffer. We learnt from this and adjusted it in V2. Moreover, we all bring our different experiences to the table from the person in charge of marketing, to the Dev and every one. We make sure that all opinions are valued, tried and respected. Finally, most of the Eth reward token out there are not giving reward automatically. We encountered this too when we launched, but with the experience of the Dev, we were able to get it rectified and the reward is now automatic
There are so many areas like project management, commitment which our community can attest to etc that we have brought on the table which has been helping the project thus far

We will bring more of this as we progress and we will open to more learning from partners as there is no Mr. know it all

Ramsy:
Thankyou for this information,now let's hear next one...

4) Now Share us about your utility token, What are the some of utlities of $HAVEN Token in Your Ecosystem? And if possible share to us the Tokenomics of $HAVEN

Sammy | Safehaven CM:
We currently have these 3 utilities:
✅Safestake: Staking and farming
✅Safepad: Launchpad
✅safezone: Token listing

However, there could be more as crypto world is dynamic. Currently game is reigning, now metaverse and we have not gotten to the end of it. But this will be our focus for now, when or before we get to the 3rd utility we would have been thinking and talking about expansion as well

For our Tokenomics: we have this

Ramsy:
Now let's deal 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 Safehaven DeFi ? If possible could you please share road map with us.

Sammy | Safehaven CM:
It took us 2months+ but ofcourse from the V1 experience. Like I have explained above regarding our utilities; those are what we will be focusing on. Having said that, we also want to create a great and strong community more than what we have currently. To be honest, our community is great, kind , supportive even when the going get tuff, they stood by us strongly. We want to build on it and keep getting better again and again

As for our roadmap, here it is

Ramsy:
Thanks for that well detailed introduction about Safehaven DeFi🤝
That's the wrap up our the first part of the AMA session✅

Sammy | Safehaven CM:
Thank you

Ramsy:
Let’s now proceed to the Twitter Questions section,

i hope you're ready for that!

Sammy | Safehaven CM:
Yes bro, I will try my best

Ramsy:
🙌❤️

Segment 2️⃣: Twitter Questions

1)All projects will be audited, vetted and team members will be evaluated by KYC. How efficient is SafeZoneen in the transparency and quality of the services you provide to Safe Haven? How will you integrate smart contracts from Oracle?

Sammy | Safehaven CM:
Thank you. I will start from the last to the front. The smart contract from oracle integration is currently an idea we have at the development level which personally I have not been able to say much about. However, the Dev will be able to give detailed explanation on this as we move forward.

Secondly, one thing I have always love about our project is the transparency. Every member knows what we have in the buyback wallet, marketing wallet and things we plan to do. It is clear to everybody.

Finally, eventhough the safest project could still fail as sometimes owners could be deceptive, or might not be rugg or honeypot but simply a failed project. However, we developing a platform that will limit this to the nearest minimum depending on the investors anyway as we will always add the DYOR disclaimer. We will also be in constant support of the project if they want us to from our own experience

As for auditing and KYC (video and holding Government ID), we will work with a reputable company to do this due to data regulation law in EU if we are unable to get required documentation on time

This means that if something happened with the project, all the information of the owner/dev will be handy

2)Haven Token is the next generation of reflection tokens and the best Binance Pegged ETH reflection token. may i know why you decided to give ETH rewards what are the other benefits otherthan rewarding inside the ecosystem.

Sammy | Safehaven CM:
Thank you for your question
Haven V1 gave BNB reward. When we were planning for V2, we looked at the future of both Eth and BNB and concluded that Eth will be better in terms of the bullish nature of both. This is the reason why we changed to Eth instead of BNB. Moreover, this also has another advantage which is if ETh break out, you will enjoy it from your reward, if BNB break out, you will enjoy it from the token since Haven Token is built on Binance smart chain. It is like using a stone to kill 2 birds

Other Benefits are:
The increase in the value of our token and most importantly our utilities which I have explained earlier

3) As far as i know you have a platform that provides a safe and innovative cryptocurrency IDO project on SafeHaven Launchpad. All projects will be audited, vetted and the team members will be KYCed right ? Do i have to stake certain amount of tokens inorder to participate ido ? If yes then how much should i have to stake inorder to have min tier?

Sammy | Safehaven CM:
Thank you. Yes, to participate in any IDO project on our platform, you will need to stake certain amount of token (not yet decided) for guaranteed tiers and we are looking at having small allocation for the community incase of those that will not have enough tokens to enter guaranteed tiers. Giving them this opportunity will allow them to make some money from that, increase their holdings until they can get G.tier

Currently, the information on how much is needed has not been finalised. As soon as we do this, we will always share it with the community

4)How does Safehaven handle government regulations and boundaries? And What mechanisms / strategies do you use to keep users motivated and present on your platform? What can the Safehaven platform guarantee or promise in terms of the security and privacy of its users?

Sammy | Safehaven CM:
As far as I can say, this is a very serious case in EU. Like I mentioned earlier, we will look into using a reputable organisation with good track records for this purpose. They have the licence and know in and out of the regulations. There is always what to or should be done when one party fails in its obligation. This is will actually allow us to focus more on other areas.

5)as per you stated in website,Haven combines the most innovative features in cryptocurrency into one product. May I know what are those special features you combined in Haven? Can you tell me the total Haven in circulation? Is there any burning & buy back included in your roadmap?

Sammy | Safehaven CM:
The things we combined in the ecosystem are our utilities first; after which we will look into expanding it depending on direction the crypto world is going. But first, we want to get this completed and then take more steps further from there.

We have about 3.4+m circulating supply at launch, but because we have buyback and burn function which we have been using, the circulating supply as now reduced to 3.3m+ circulating supply. This is the total supply we have and it will keep decreasing over time so far we keep using the buyback and burn function.

Yes, there is a buyback and burn function in the contract

Ramsy:
Thanks Your Valuable Answers❣,
And that's the end of our twitter question segment

Sammy | Safehaven CM:
Thank you

Ramsy:
Now Moving on to our last segment - Live Q&A,

Shall we go?

Sammy | Safehaven CM:
Sure bro

Ramsy:
Here we go

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)Nowadays nfts and yield farming and governance are too popular so do you plan to venture into any of these if not then what is your plan to gain popularity and mass adoption ?

Sammy | Safehaven CM:
Thank you. In terms of our future growth, we will not be rigid but dynamic. We are already looking into yield farming, we can definitely include all these ones you have mentioned as part of our expansion. It is important that we are not stagnant while others are moving and also when ideas are being obsolete. Rebranding and refocusing is essential in the crypto environment.

2) Are you a global project or local project? At present, which market are you focus on, or is it focused on building and growing to gain customers, users and partners?

Sammy | Safehaven CM:
Crypto can not be localised depending on the regulation of each country. We have many people from different parts of the world as our investors and community members. So, it is more globalised than local as the projected is not restricted to certain areas, it is open to all. This is one of the advantages of DEX

3) Which one of these aspects is important for you?
1-Increasing Token Price & Value
2-Empowering Platform Development
3-Building Community Trust
4-Expanding Partnership Globally

In what order?

Sammy | Safehaven CM:
They are all very important but I will arrange them this way:

3-Increasing Token Price & Value
2-Empowering Platform Development
1-Building Community Trust
4-Expanding Partnership Globally

The reason I have this arrangement is that any project that lost the trust of its community and investors can not go anywhere. When trust is lost in a business, friendship, love and so on, nothing will ever work in such environment. But if your team trusted you, even if you have not achieved the global partnership or what you are developing is not yet available, they will stand strong because they trust in you and they trust in the project. The effect of trust will spread to other areas which include increasing the token value, CD, etc.

4) There are many challenges that a project must overcome, solving challenges is a determining factor for success. What challenges did SafeHaven recognize? Is everything resolved? Isn’t Ethereum tarnished by high gas fees, plans to migrate to another platform?

Sammy | Safehaven CM:
Thank you. we have faced different challenges from marketing front, at the team level and also at the community level. However, our never die attitude and commitment have brought us thus far. The success of a project is not only on the project not having challenges, but what they do to mitigate all the challenges is what is paramount to the success of the project. It will also increase our experience. So what we do it to determine the cause of it and then look for a solution where we can get it.

Secondly, the ETH reward is ETh-Bep-20. This means it is an Eth on Binance smart chain and it is different from ERC20. It has the same value of ErC20 but the same gas fee as every Binance and Bep-20 tokens out there. You need less than a cent to convert it to BNB and back to ETH-Bep-20 as the case may be while the Eth value remained as the ERC20 value.

What I mean is that:
Eth Erc20 = €3500 for example
Eth-Bep-20 = €3,500 as well

5) "safe zone" when dealing with projects that we believe are safe by conducting a plenary verification of the projects. Can you explain what this verification process consists of and what benefits both the ecosystem and the users?

What was the importance of adjusting in version 2, which was lacking in V1, to continue supporting the project in growth, how to manage projects?

Sammy | Safehaven CM:
Thank you. In V1, we had BNB reward which is claimable every 3-day through Dapp. But in V2, we changed this to automatic Eth reward and also between 12-24hrs depending on the volume.

2. We now have a marketing wallet for the development of the project and utilities
3. The verification is video KYC while holding a Government ID bearing the same name and picture. Just like Binance and other CEX platforms KYC

4.users will have numerous benefits as this will allow them to chose a better project for themselves instead of losing money in projects they think are good ones but unfortunately they are rugs. It will also bring some level of trust into the crypto space

*This segment ends here*

Ramsy:
Thankyou so much For your valuable answers and information about Safehaven DeFi,
It Was Pleasure Hosting An Ama With You.

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

Sammy | Safehaven CM:
I would like everyone to know that we are here for the long run and not just a pump to ATH and dump project. We will continuing implementing our use cases one after the other and also engage the community with different community contests where they can win Busd/BNB for themselves. However, to participate will require you to hold Haven Token.

The project is safe, sound, transparent and secured.
Thank you for having us

Thank you everyone for listening to us and for having us on your platform

Ramsy:
Once Again Thank you so much for spending time with our community & Wish all the very best for "Safehaven DeFi" 🚀🚀

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

Telagram: https://t.me/SafeHavendefi

Twitter : https://twitter.com/SafehavenDeFi

Website: https://www.safehavendefi.com/

Reddit: https://www.reddit.com/r/SafeHavenDefi/