Berry Data x CCSWAP AMA Recap
Berry Data Telegram Community hosted an AMA event with CCSwap on the 7th of September 2021.
The AMA session was conducted by Gabriel, Berry Data Community Manager. It was divided into 3 segments: Speaker Introduction Session, Question and Answer Session, and Community Live Questions Session.
Section I: GUEST INTRODUCTION
Today with us is the CCSWAP project Team. Can you start by giving us an overview of CCSwap and your role in the team?
Thank you Gabriel and everyone. I am working as an Oversea Marketing Director for CCSwap, a staking pool with ETH and BSC network.
Section II: QUESTION AND ANSWER
Could you tell us more about CCSwap? In other words, what does CCSwap do?
CCSwap is a mining pool with a staking function. It has an ETH and BSC network, and users can stake their assets into the pool to earn magnificent profit.
There are many similar projects out there, some have been quite successful, such as Uniswap, etc. What is special about CCSwap compared to other projects?
CCSwap gives a more clear investment idea to our users. In detail, 0.03% of the fee exchanged for CC will be awarded to our users, and CCSwap will airdrop 10 million tokens in 24 months. You are all welcomed to check our official website to experience this.
Do you consider yourself a direct competitor to a mining platform like PI network? If so, what would you like us to know that differentiates you from them? If not, what are the key differences?
CCSwap is a fully functional transparent mining platform with smooth and easy operation, high returns and low risk.
We are curious on why you choose to build on the BSC ecosystem. Could you please guide us to know about your decision to build on BSC?
BSC is famous for its fair transaction fee and fast transaction speed. To ensure our users’ asset security and lower their staking/unstaking costs, we chose BSC.
Why is CCSwap better than other staking pools?
As I’ve mentioned in the answer to the 3rd question, CCSwap has the following advantages:
- Fully functioned;
- Smooth and easy operation;
- High returns;
- Low risk
What can you say is unique about your CC token? What is its tokenomics?
The tokenomics of CC token (CCNOMICS) can be broken down as 100 million CC hard cap and the expected date to reach hard cap is April 2023.
CCSwap charges the same 0.3% trading fee rate as Uniswap does, and reserves 0.05% of the fees for the DEX society of CCSwap. Specifically, the reserving fees are exchanged for CC (on CCSwap), 40% will be burned immediately, 40% will be awarded to the transaction initiators and 20% will be accumulated to a daily lottery pool awarding to some lucky traders on a daily basis.
What is the future plan for CCSwap?
This is a good question.
We will focus on our CC token as always, and CC is based on the deflationary model. In other words, it will be proportionally burned on each buyback. Also, it will be rewarded to both transaction initiators (traders) and liquidity providers (AMM).
More transactions will generate more revenue, which will in turn attract more liquidity providers due to higher returns. CCSwap will also introduce more utilities for CC such as lending and mining in the coming ecosystem.
Is there any tutorial for ETH/BSC network miners?
Sure.This is a step-by-step tutorial for BSC network mining, click the link to see every detail:
I saw the [Boosting] feature listed on the CCSwap website. What does it mean and how can one relate with it?
Boosting is a feature for higher LP/token staking APR. Users can stake CC to get CCv. Staking CCv without LP/token will not generate any output of CC.
What’s more, boosting is one of the benefits of individuals facilitating the reward of staking, which is an incentive to the contributors of the CCSwap ecosystem.
How can we join the lucky draw?
We released the lucky draw rules in our official accounts, including Telegram and Twitter. I will send them here now
- Users who participate in CC-WBNB/CC-BUSD/CC-ETH pair trading at the [Swap] page can get a lucky draw chance.
- The winning number of the lucky draw is based on the last two digits of the user’s wallet address, and the prize will be shared proportionally according to the winner’s fees. If nobody wins, the prize will roll over to the next round.
- There is a countdown on the page, the lucky draw will start immediately when time is up.
- Winner can claim the prize by clicking [Claim CC] at the [Lucky Draw] page.
Where can we find the latest update of CCSwap?
Here you go:
- Website: https://ccswap.org/
- Twitter: https://twitter.com/CCswap_io
- Telegram: https://t.me/ccswapofficial
- Medium: https://ccswap.medium.com/
Any details that you want to add?
CCSwap is a defi mining pool, which means all the assets are under users’ control. Basically, the only thing that a user needs to do is to connect his/her Metamask or WalletConnect if he/she wants to earn profit in the pool.
Again, I would love to mention the incentives of CCSwap to all the AMA audience and hope someday we can meet you on our platform or any official channels. CC token is not a CEX token, but it inherits some traditional properties.
For example, it will be repurchased from CEX revenue and awarded to the CEX customers. For your information, CCSwap is funded by CCFOX, which is introducing a set of events to consume CC and lead to token deflation.
In the future, CCSwap will empower CC token with more privileges, like CCv (one of the CCSwap ecosystem token), #NFT, #Auction, so on and on.
Section III: COMMUNITY LIVE QUESTIONS
LIVE QUESTION 1:
Jenifer: I can’t find enough information for tokenomics on the website. Can you provide more details? What percentage of bets have you made? Will your platform go the coin burning route?
Yes, you can go through the tokenomic page with this link:
Actually you can find everything in the docs. We will stick to the plan and the burning function will be launched according to the roadmap.
LIVE QUESTION 2:
Tanisha Praod: Partnership is always an important factor for every project. So who is your partner? What are the benefits you get from those relationships?
You can capture all the partners in this picture, as CCSwap is funded by CCFOX, we share the same business relationships.
LIVE QUESTION 3:
Jenifer: I buy your tokens right now and also which wallet supports your token?
Of course, my friend. Both Metamask and WalletConnect support our token. You can go to https://ccswap.org/ to buy CC.
CC address (ETH Version): 0xE22d44c58A076749CADAc6c97402A3818ca5f39a
CC address (BSC Version): 0xc44804330eb4a39953bd69A7F77902D12293873C
LIVE QUESTION 4:
Month: What’s the plans you make to make sure that your customers are trustworthy and secure?
Like we mentioned, CCSwap is a defi mining pool, your assets are 100% safe. We only help you to gain profit, high APR can make you guys rich.
LIVE QUESTION 5:
We want to expand the community quickly, but we have just get started and lots of features are to be developed, we want all Berry Data community members will join our official group to witness us grow: https://t.me/ccswapofficial
LIVE QUESTION 6:
kendall Synder: How do you deal with the security threats of your project? Do you have any audit in recent times for trust?
Before our project launch, we passed Certik Audit and Knownsec Audit. For every new feature release, we will also go through several rounds of serious testing.
LIVE QUESTION 7:
Pierro Paulo: Your project name seems to be very interesting. Does it have any story behind it? Can you share us with the inspiron for approaching to this name?
Yes, actually we start from CCFOX, a contract trading market, but later we decide to develop another platform as the defi market is so interesting and we plan to combine the two platforms into a more complete exchange in the future.
LIVE QUESTION 8:
Jason Campbell: What are the main products in your project’s ecosystem? What do customers get when using the products?
CCSwap has its native platform token, CC. Recently, we launched a new feature named Boosting. Check it out for more info: https://t.me/berrydata/303087
LIVE QUESTION 9:
Sophia: As far as I can see, NFT and BSC are the next trend of new projects. As I know there are a lot of very good development projects on this platform, What do you think about this development?
This is an interesting question. CCSwap is based on the ETH and BSC network. We will also step in the #NFT field and #Auction field in the future to empower our platform, so as to give our users more options and better revenue. Stay tuned.
LIVE QUESTION 1O:
Laura Ponte: Is Your Project available for the global people or It’s limited for some area? If it’s globally available are you guys planing to introduce it globally?
CCSwap platform is available for everyone, that is the meaning of defi exchange. So here is the way to make fantastic profit on CCSwap:
- Create a matamask wallet;
- Connect it on the CCSwap website;
- Add the liquidity on [Pool] page;
- Stake the LP into a pool on [Staking]
- Wait for the big return.