AMA Recap: CRYPTO MINERS X UNIWSWAP

UniwSwap is the Leading DEX on Ethereum PoW, allowing users to earn through liquidity provision, token trading and high yield farms. Join us on our quest to keep the blockchain decentralized. UniwSwap protocol is a peer-to-peer system designed for exchanging cryptocurrencies (ERC-20 Tokens) on the Ethereum POW blockchain. The protocol is implemented as a set of persistent, non-upgradable smart contracts; designed to prioritize censorship resistance, security, self-custody, and to function without any trusted intermediaries who may selectively restrict access.

We hosted an AMA session with UniwSwap on 17th January.

Mr. Ramsy was the host from Crypto Miners and Mr. Socrates, Founder of UniwSwap was the guest. He shared delightful knowledge and unique features of UniwSwap.
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Segment 1️⃣: Introduction

Ramsy | Crypto Miners:
Hello everyone 👋 Welcome to Our Another AMA session With UniWswap

Socrates | UniWswap 🦄:
Hey guys, nice to meet you!

Ramsy | Crypto Miners:
Today, we are very honored to invite Mr. Socrates The Founder of UniWswap, To be our guest in our today’s session to introduce UniWswap

Hey there 👋

Welcome here

Socrates | UniWswap 🦄:
Thanks for having us

Ramsy | Crypto Miners:
How are you doing today mate?

Socrates | UniWswap 🦄:
Very well, just going through a lot of work today, hope you guys are doing well too

Ramsy | Crypto Miners:
Cool 👍

So first of all Can You Introduce Yourself to the community?

Socrates | UniWswap 🦄:
Of course, I’m Socrates, and I’m one of the founders of Uniw Swap and Unia Farms. Typically I take care of the management of our team, communication, content and marketing for our project.

Ramsy | Crypto Miners:
Nice to meet you man 🤝

Now Let’s begin our first part of the AMA session

Socrates | UniWswap 🦄:
Let’s get it going

Ramsy | Crypto Miners:
I’m pretty sure that our Community is very much excited to learn more about UniWswap✌️

And the first first question is…

1. Can you Make a concise and brief introduction about UniWswap and UNIA Farms? Which chains are they available on?

Socrates | UniWswap 🦄:
Sure, Uniw Swap is the #1 DEX and development ecosystem on ETHW, while UNIA Farms is our Yield Farming expansion of the project towards Arbitrum, in order to grow the userbase of the project.

Currently we are working to bring some really interesting features that will be integrated into the farms, and bring more revenue streams for tokens holders hopefully. We can discuss this later in the AMA.

Ramsy | Crypto Miners:
Alright, that was a nice start 👍

Let’s explore more about UniWswap

2. What are the features that make your project superior and special as compared to its competitors?

Socrates | UniWswap 🦄:
As far as Uniw Swap goes, we built a huge ecosystem on ETHW, beating all of the competition. Launchpads, NFT Staking, Locked Farms, ENS Services and a custom chain explorer are some of the few features that have allowed us to stay on top of the chain.

As far as UNIA goes we’re working on two main services right now, a sports betting platform integrated with our yield farms, and a price prediction platform, where users can bet against eachother on the future value of assets. Both of these features will bring revenue to UNIA and UNIW token holders.

Ramsy | Crypto Miners:
UniWswap Looking promises under ETHW 👍

3. Volume, fees and Liquidity are always Major factors in Decentralised Exchanges. How does UniWswap solve the above problems to attract more users?

Socrates | UniWswap 🦄:
As far as volume goes for UNIW it has mainly been dependent on the attention the chain has gotten, but at our peak we have over $2M in daily volume. With liquidity we’ve always been very solid because we focus on a liquidity first mentality, since our projects have performed raises where 100% of the raise is used for liquidity and we have no team allocation for the token. We feel that builds trust and incentivises users to join our ecosystem.

The fees are quite low on our DEX, and are only 0.17% per transaction. And the fees on non native farms are the only way we earn and sustain from the project.

Ramsy | Crypto Miners:
4. Now Share about the Native token $UNIW, what are its usecases and utilities in Your ecosystem? Also provide With Us the tokenomics

Socrates | UniWswap 🦄:
UNIW is the main token on Uniw Swap and is utilised for farming, launchpads, minting NFTs and minigames. The tokenomics are:
- 50,000,000 Total Supply
- 100,000 for Initial Liquidity
- 100,000 for Presale
- 0 Team Tokens
- 3% Sale Tax

UNIA is the main token on Unia Farms and is utilised for farming, launchads, a soon to be released lottery and most importantly for the sports betting platform, where users will be able to bet with UNIA or LPs from our farms on UNIA Farms. Here are the tokenomics:
- 5,000,000 Total Supply
- 50,000 for Initial Liquidity
- 50,000 for Presale
- 0 Team Tokens
- 3% Sale Tax

Ramsy | Crypto Miners:
Lastly, What UniWswap achieved so far and What important updates and developments can we expect in the future?

Socrates | UniWswap 🦄:
So far we’ve achieved a lot of large raises through our launchpad, with the biggest one being at $800K, we’ve launched countless features and grew a strong community, and we’ve accumulated a lot of other strong teams ready to join us on growing together.

In the coming weeks we will launch Arb Predict, our P2P price prediction platform, allowing users to bet against each other on the future value of tokens. A % of the total prize pot from bets will be distributed to our token holders through a pool.

Right after we will also launch our sports betting platform, that will features eSports, MMA, Football and many other sports. The interesting feature of the betting platform is that betting funds will be sent to yield farms during the betting period, in order to generate a higher total prize pot from Yield. There will also be various risk levels associated to the betting platform, allowing users to not lose all of their funds on a lost bet. Just like Arb Predict, the sports betting platform will share a % of the prize pot fees with holders of our tokens.

Ramsy | Crypto Miners:
Wow, Some great things are Coming 🚀🚀

Thanks Socrates for this well detailed introduction about UniWswap

That’s the wrap up of our the first part of the AMA session ✅

Socrates | UniWswap 🦄:
Thanks a lot for the questions!

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

I hope you’re ready for that!!

Socrates | UniWswap 🦄:
yup let’s do it

Ramsy | Crypto Miners:
So Let’s Start

Segment 2️⃣: Twitter Questions

1.Using web interfaces to exchange via the UNIWSWAP protocol may introduce additional permission structures. What are the additional permissions? What is the difference between using the protocol and the web interface?

Socrates | UniWswap 🦄:
Hmm there are no additional permissions. The way the DEX operates is similar to UniSwap V2, since our code is based on that, so it’s a battle tested code that asks for approval and swap to perform a trade. There are no hidden web interface permissions, everything is written in the code!

Ramsy | Crypto Miners:
2.Unfortunately, the past year has been a bad year for crypto. Negative prices have been seen all the time. What plans do you have for 2023? What will we see in the future?

Socrates | UniWswap 🦄:
Yeah 2023 seems like it might be a bit of a slow year too, that’s why we’re starting to focus on services and less on token launches, giving holders more value and things to do while the market recovers. It’s a hard period but we believe we’ll get through it.

Ramsy | Crypto Miners:
3: I noticed that UniWsap has beta testing. However, this beta version is an unfinished version so there will be a lot of bugs in it. So how do users report any bugs they’re about to encounter? How will UniWswap consider user feedback?

Socrates | UniWswap 🦄:
Hey, actually the beta of Arb Predict doesn’t really have bugs, but we’re just giving users the chance to battle test it to find anything, or to give us feedback on how we can improve it. We also have incentive programs during beta tests, and we reward users that submit valid reports!

Ramsy | Crypto Miners:
4.Which cryptocurrency wallets does the Uniwswap platform support? can we connect to your platform using Ledger?

Socrates | UniWswap 🦄:
Yeah we currently mainly support the main wallets like MetaMask, Trust Wallet, DeFi Wallet App and many more will work with our platform. In case there are more requests for wallets that aren’t working you can submit it and we’ll take a look. Yes you can use the Ledger through MetaMask on our products with no issues, it’s our favourite way of keeping funds safe too.

Ramsy | Crypto Miners:
Now Let’s hear our last question from Twitter

5.Could you tell us about your security strategies, audits and every measure that might protect your users funds?

Socrates | UniWswap 🦄:
We currently have 2 audits performed on our code, by Coinsult and Contract Wolf. We also have private peer reviews that work alongside us while we’re creating new code to ensure that there are no bugs or exploits that could occur.

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

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

Shall we mate?

Socrates | UniWswap 🦄:
Yeah of course

Ramsy | Crypto Miners:
Cool
lets 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) Chukky ✨:
I read that there is a total prize pool of 500 UNIA for users in the beta testing program.
Can you share the process on how to sign up for beta testing? Should I discover a bug who is the right person to report to?

Socrates | UniWswap 🦄:
Yeah sure, in order to join the bets test all you have to do is join our Beta Testing group here https://t.me/+Yk13U5ulj_kyZDc1 and all of the instructions will be in the pinned messages. You can get 10 UNIA per each valid bug report.

2) Memo:
On its website, note that Uniwswap will have many DeFi products, such as bridges between networks, UniWscan and more, but really which of them is currently available? Or have all the products really already completed their development?

Socrates | UniWswap 🦄:
Yeah essentially all of the features listed on the site have been completed and now we’re working hard on the new ones previously mentioned during the AMA.

3) মনিরা🥦:
Is your Project a community only for English speaking an few countries or for users not of other languages?Is your Project a community only for English speaking an few countries or for users not of other languages?

Socrates | UniWswap 🦄:
Hey, the main group is English, but we also have active communities for Chinese, Vietnamese, Spanish and Russian speakers.

4) 𝕊𝕨𝕒𝕡𝕟𝕒 𝔸𝕜𝕥𝕖𝕣:
Do you have a white paper?
If you have, please share with us.
Finally, do you have a pre-sale plan?

Socrates | UniWswap 🦄:
Yeah you can find all info about our project at docs.uniwswap.com, we are continuously updating it with new information.

5) Jibson:
You mentioned sport betting platform, is there only football game for us to bet on ,or there are many games for us to bet against each other?

Socrates | UniWswap 🦄:
Yea we will feature football games, especially now that the Champion’s League is about to start, and we will have a strong focus on other trendy sports such as MMA and eSports

*This segment ends here*

Ramsy | Crypto Miners:
Thankyou So Much Socrates For your valuable answers and information about UniWswap ❤️

Socrates | UniWswap 🦄:
Thanks for having us! Have a great day and if you would like to learn more about us or ask any questions join us at t.me/uniwswap

Ramsy | Crypto Miners:
Time To Conclude Our AMA Section

On Behalf of Miners Community Wish all the very best for UniWswap And The Entire team behind the project❤️🤝

Have a nice day

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

Website: http://uniwswap.com/
Twitter: https://twitter.com/uniwswap
Telegram: https://t.me/uniwswap
Medium: https://medium.com/uniwswap