AMA Recap: CRYPTO MINERS X YARRSWAP

The Yarr ecosystem consist of a cross chain exchange, multiple swaps on various chains, a launchpad and an NFT trading platform. So whatever your needs we have you covered. Yarr Swap is so much more than just a token. It is a reward focused ECOSYSTEM, aiming to bring financial freedom to the masses by constantly providing new opportunities for passive income! The project will consist of a multi chain exchange, multiple swaps across several chains, a launchpad, and an NFT trading platform.

We hosted an AMA session with YarrSwap on 8th May.

Mr. Ramsy was the host from Crypto Miners and Mr. JB and Mr. Captain Gingabeard was the guests. They shared delightful knowledge and unique features of YarrSwap.
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Segment 1️⃣: Introduction

Ramsy | Crypto Miners:
Hello everyone 👋 and welcome to the Crypto Miners AMA session With YarrrSwap

Thank you all for joining us today❣️

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

JB-Captains:
Hello everyone 👋🏼

Captain Gingabeard:
Hi guys #Yarr!!!

Ramsy | Crypto Miners:
Welcome here
Thanks for bringing Us YarrrSwap❤️

I’m pretty sure that our Community is very much excited to learn more about YarrrSwap, So let’s get started if you’re ready

Captain Gingabeard:
Thanks for having us

JB-Captains:
Can’t wait!!!

Captain Gingabeard:
Yes ready!!!

Ramsy | Crypto Miners:
First of all Please give us a brief explanation about ‘YarrrSwap’ .What popped up in your mind to create such a platform in this Space?

Captain Gingabeard:
Yarr is a reward focussed multi chain, multi layer project aiming to bring financial freedom to the masses by constantly providing new opportunities for passive income

The project will consist of a crosschain exchange, multiple swaps on various chains, a launchpad and an NFT trading platform

We wanted it to be as rewarding as possible for holders and so profits from each platform will be allocated to buy back and burns as well as the option to stake NFTs on the dex

Ramsy | Crypto Miners:
Q2) So what are your main features and advantages that discern you from other Projects?

JB-Captains:
There are quite a few dex already in the space at the moment so competition is certainly there and we welcome it, the use of decentralised exchanges and nft platforms is growing yearly and we look forward to establishing ourselves and reaching our potential

Competition is great for customers it means low fees, greater choice and constantly improving platforms

So

With regards to our Dex we will be operating on multiple chains, the first will be on BSC due to the high volume and low gas fees
Our community will vote for which chains are added next
Each time we add a new chain we will release a 10k Nft collection, this will help to raise the initial liquidity that a dex needs, holders of these NFTs will then be able to stake them for a share of the fees taken on the dex
As our NFTs can be staked then this will add value to these meaning even if holders decide not to stake they should see a nice price increase on these

Projects using our dex will have the usual benefits from adding a liquidity pool (farming) plus some free NFTs should they fulfil some objectives such as locking liquidity and trade volume level over a year
We will make partnerships with existing launchpads to include our dex as a release option as well as developing our own low cost Launchpad to feed projects in

Our NFT platform will again be operating on various chains and have some cool features, we will add an option that projects can carry out the minting and selling of their own 10k collections within our platform
As we will already be a trusted platform then buyers do not have the fear that comes with connecting their wallets to a strange site to take part in NFT sales

Ramsy | Crypto Miners:
Moving on…

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

Captain Gingabeard:
Although this is our first project we have been around crypto for a good few years and helped out on various projects with contracts,design, group management and promo so we know what it takes

Our team is small just now but will require expansion when we start working through the roadmap, at that point we have many friends in this space who will be happy to help out when called upon

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

JB-Captains:
Decentralized exchanges (DEXs) reported more than $1 trillion in trading volumes in the year 2021, whilst the NFT Market also Generated Over $23 Billion In Trading Volume In 2021

The Yarr ecosystem will be operating in both these areas and as mentioned above a substantial amount of the transaction fees taken on any of our platforms will be used to buy back and burn $Yarr.

As $Yarr is a $bnb reward token this means more rewards will be generated for holders

The amount allocated for this purpose from each platform can be seen below:
-Skull and cross chain -25%
-Yarr nft -25%
-Yarr launch -25%
-Yarr swap -8%

Ramsy | Crypto Miners:
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 YarrrSwap If possible could you please share road map with us.

Captain Gingabeard:
It’s a big project and a lot of attention to detail was needed so we have been designing this project for a long time now and planning the best ways to go about development

The road map can be found on the Whitepaper but that isn’t even the full thing as we will constantly be adding new chains so the development will continue way past what we have on there

We know we are only starting but we are aiming to be a big player in the dex world with our one stop shop providing more chains than any other dex there is
Might sound like lofty ambitions with some of the dex already out there but remember PCS and sushiswap were both founded in 2020

Ramsy | Crypto Miners:
Thanks Guys for this well detailed introduction about YarrrSwap:)
And that’s the wrap up of our the first part of the AMA session ✅

JB-Captains:
Great questions thank you!

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

i hope you guys are ready for that!!

JB-Captains:
Absolutely!! LFG!

Captain Gingabeard:
Let’s do it!!!😎

Segment 2️⃣: Twitter Questions

Ramsy | Crypto Miners:
1) What problem does Yarr Swap tackle by giving new passive income options with its coin, as a multi-layer and multi-chain ecosystem? What are their distinguishing features in TGE, and which blockchain networks are they part of?

JB-Captains:
Our Dex will constantly be adding new chains and keep competive prices
Once we get our BSC dex established then we should be competitive on each chain we add as we are already known rather than a newcomer to the market each time

We will have the usual features plus NFT staking and a low fee Launchpad feeding projects into our swap

Also we have buyback and burns and a lottery!

Captain Gingabeard:
By providing passive income through rewards we remove the need for holders to sell to take profit which encourages holding

Ramsy | Crypto Miners:
2) To increase the validity of your product, what marketing strategies do you have planned to create large user traffic in YarrSwap so as to be sustainable over time? What strategic patnerships have you made so far?

JB-Captains:
We are fortunate to have experience in marketing via prior projects we have been involved with. We know there is a lot of good money wasted on bad marketing. That’s why we work only with reputable brands and groups to deliver our marketing.

We have over the last few years, built up a network of friendly call groups and influencers. For yarrswap- we will bring that network to the forefront. We have call groups, upvotes, shilling teams, shilling comps, 3 well know Twitter influencers paid for launch day, and still networking with some of the bigger groups for launch day and the days after. Cesars, gollums, trav etc.

Post launch- we will not just carry out “token” related promo, but also business promo. Press releases, upvotes, SEO improvements, partnerships, and paid ads on social media including influencers. We have some very specific sailing or pirate related themes and people in mind!

Our in house lottery and rewards along with other unique Yarr swap tokenomics encourage holders to hold. We know from experience that when the BNB rewards keep flowing, investors are happy to hold.

On top of that- delivering on our promises and road map is a massive part of building confidence and trust, which is essential for stability and also growth from new investors.

Ramsy | Crypto Miners:
3) I see that one of your products is Yarrswap, it’s like an AMM. For these platforms, it is important to attract liquidity, the more liquidity in the pool, the less orders will slip. So, what strategy would you use to attract enough liquidity and thus combat slippage of the order?

Captain Gingabeard:
Firstly as mentioned before for each chain we will have a 10k nft collection
This will help us raise initial liquidity

Then partnerships with existing launchpads

And creation of our own Launchpad

Plus incentives for projects to use our platform

So numerous strategies involved🙂

Ramsy | Crypto Miners:
4) As an investor, I want to know how strong is your project security system? and what benefits will a user have in the years to come when I decide to join the project you are working on right now?

JB-Captains:
Audit was already carried out with the guys at SAFU and can be found here

https://github.com/SafuAudit/smart-contract-audits/blob/main/Yarr.pdf

The platform itself will also be audited

Liquidity will be locked, team tokens will be locked and then released in stages and contract will be renounced approx 12–24 hours after launch

As for benefits- there are too many to list without running over our time!

But constant passive income and the ability for up to 16% of platform profits is a good place to start!

It can only grow exponentially as we then add utility after utility

We plan on rewarding our early investors VERY well

Ramsy | Crypto Miners:
5) Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Could you please tell us about the current partners, plans for partnerships and what everybody stands to gain from these partnerships?

Captain Gingabeard:
We already are an affiliate of ChangeNow and their exchange can be found on our website

As we progress we will be partnering with as many launchpads as we can so as to feed projects into our dex

We also will offer partnerships to projects who wish to do giveaways via our platforms

JB-Captains:
Also-I would add the network we have built up over the past few years….will allow us to very quickly form partnerships and reach even further.

Ramsy | Crypto Miners:
That’s the end of our twitter question segment 🤝

Captain Gingabeard:
Good questions

Ramsy | Crypto Miners:
Now Moving on to our last segment — Live Q&A

Shall We Go guys?

JB-Captains:
Let’s do it!!!

Captain Gingabeard:
Yes let’s do it

Ramsy | Crypto Miners:
lets go,

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

1) Ahnaf:
Do you have burning and buy back mechanism to help the value of your token. By boosting the value?

JB-Captains:
Yes we do !
We have a percentage dedicated to buybacks and burns from each section of our platform! 🔥🔥

2) Ahnaf:
Can you list 1–3 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about.

Captain Gingabeard:
-Dex on multiple chains,Nft platform&Launchpad
-Nft staking for share of dex fees
-big share of profits used to generate more rewards for holders and increase price of token

3) Nepthophile:
Q) AUDIT play an important role in enhancing the stability for any project. Do you have AUDIT Certificates? Or are you working to AUDIT your project, to make secure, trustworthy & reliable?

Captain Gingabeard:
Audit was already carried out with the guys at SAFU and can be found here

https://github.com/SafuAudit/smart-contract-audits/blob/main/Yarr.pdf

As we work through the roadmap audits on the platforms will follow

4) Itz Abhi ⚡️:
I’m interested on a WL Spot

Q1. How can I apply for it?
Q2. How much is the minimum investment?

JB-Captains:
Applying is done here!

https://forms.gle/DXKVTYG6d6nK7ywJ9

Minimum will be around 0.1bnb but this will be set once we finalise the presale on Pinksale so do check it then

5) Admin:
According to the roadmap, what are your most important next priorities? Does your team have enough funds and strong community to achieve those milestones?

JB-Captains:
Hey- here’s our roadmap

The token has a 12% tax and 3% of this is allocated for development
On top of this we will use the sale of our NFT collections to raise initial liquidity on the DEX

Once the Dex is operational 8% of the fees taken on there will go to the project funds which can be used for further development and marketing

*This segment ends here*

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

Time To Conclude Our AMA Section

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

JB-Captains:
The pleasure was all ours

Captain Gingabeard:
Pleasure to be here #Yarr!!!!

JB-Captains:
Just to stay tuned in our TG we will be ramping up activity as we get closer to presale day on the 21st

Hope to see you all there!!!

Thank you for having us!!

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

Have a nice day team 🥂

Captain Gingabeard:
Thank you

JB-Captains:
Thank you and to you guys!!

Take care and check u out !!!

Ramsy | Crypto Miners:
You too mate…..

If you want to learn more about YarrSwap, here are some important links for you:

Website: https://yarrswap.finance/
Twitter: https://twitter.com/yarrswapfinance
Telegram: https://t.me/YarrToken
Github: https://github.com/SafuAudit/smart-contract-audits/blob/main/Yarr.pdf

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