Telegram Ama with Chef
About
Opening Remarks From Kebab Finance:
Thank you for joining us!
The AMA (ask me anything) is conducted with @DavidKebabFinance as the moderator and @chefkebabi representing Kebab Finance.
We would like to extend our love to Binance Chain for including us in their most valuable Builder Accelerator Program.
Please check our pinned messages to find more information on our progress.
We would also like to extend a big thank you to Kebab Finance Team for compiling the questions.
Moderator:
Today, we have our guest, @chefkebabi, Founder and CEO of Kebab Finance, willing to answer all your questions. Welcome.
Chef:
Thank you, @DavidKebabFinance Happy to be here.
Moderator:
As you all know, Kebab Token was listed on Trust Wallet and IDEX a week ago, and the team at Kebab Finance has been working hard on the development of the project. The website is also undergoing a significant upgrade to offer more excellent utility for the token and make it easier and seamless for mass adoption.
Question:
Do you have any collaboration plans coming up? You are listed in auto farm…maybe that’s a start?
Answer:
Yes, other yield farms started to create Kebab pairs. They probably understand that we are serious and here for the long term.
We will mainly focus on strategic partnerships, which will increase the value of yield for our investors, and we will announce them as soon as they are finalized.
Question:
Marketing is a central element for every project so that everyone knows the potential that a project can bring is vital to achieving the goals set. What is your strategy to attract new users and Investor to Your platform and keep them long term?
Answer:
Yes, we completely understand that marketing is a crucial element for Kebab Finance. We have a team speaking most of the languages. We plan to grow our social network, and we are already investing in our branding since the first week. We want to make everyone love Kebab.
Question:
Will there be any burn mechanism add in the future?
Answer:
Our Engineers are currently in the designing stage of the burning mechanism. However, this process requires a delicate approach; they need to Design, Code, Debug, and code needs to get audited by Certik before deployment. It’s certainly coming but probably not this week.
Question:
I am a huge fan of both Pancakeswap and kebab. What are future plans to further divert from Pancakeswap in order to differentiate yourselves from them?
Answer:
The strategically superior slogan is not just a slogan for us. We want to chase real partnerships to increase yield for our investors, and We will offer the best pairs. Pancake lists any project partnered with binance.com, and they do not think the investors will be affected by these highly volatile pairs.
Question:
Hello There! What is the roadmap of Kebab Finance Official Token?
Answer:
The Roadmap will be announced in an upcoming Weekly Digest.
Question:
Will kebab finance release an NFT in the near or long term?
Answer:
We are still observing how NFT space will develop on the Binance Smart chain; It is easy for us to include NFT’s once a proper application is found. It’s not a high priority, but it can definitely be done.
Question:
Hello, your application is using the BSC network. How do you think BSC will be able to overtake the Ethereum main network in the volume of transactions?
Answer:
3 Months.
Question:
Tell us, what project inspired you to build a kebab project? Is the kebab project ready to compete with the project that inspired you?
Answer:
Pancake, We are not competing with Pancake. We don’t want to be an airdrop machine for Binance.com. We want to offer legit solutions to crypto investors to earn more with their investment.
Question:
What main goals does the team have for the future?
Answer:
We are currently leveraging the power of token to create a strategic partnership to grow together to increase yield for everyone. We plan to run nodes on major blockchains earn from staking and mining and redistribute them. Together we are stronger.
Question:
In the DEFI era, we can see many projects rug pulled an exit scam recently. Why should investors trust your project not to do the same?
Answer:
We have every type of security that exist for the yield farms; we have 12 hours timelock. We can’t actually do anything to LP tokens without people having 12 hours to react; we know it requires constant community policing. However, we think it’s secure, and we believe that what we are building is much more valuable than a rug pull attempt.
Question:
I’m new to this project. I saw CZ showed lots of BSC projects, and then he didn’t show any support for kebab; also, do you have any plan to list in Binance?
Answer:
Cz is Canadian; that’s why he loves pancakes, but everyone gets bored from certain types of food at some point, and we think he will crack and take a bite of a Kebab, and he will love it.
Question:
Could you give me the 3 best features to convince other angel investors and me to invest in Kebab Finance in the long-term?
Answer:
1- The Contract part is a 1:1 pancake. It’s safe.
2- We care about our investors not getting destroyed by the impermanent loss.
3-Increased yields with upcoming strategic partnerships, stronger together.
Question:
Kebab, are you going to be audited?
Answer:
Yes, we applied to get a light audit on all the contracts in use a couple of days ago, and the next features we add will be audited before getting deployed.
Question:
Are you planning to change site design in the future?
Answer:
We expanded our team and recruited a full-time designer so you can expect the site design and graphics to evolve through time.
Question:
Hey, chief! Is there any chance that kebab Finance can have an auto compounding feature?
Answer:
Right now, it only costs like 10 cents to compound manually; however, if the fees on BSC increase, we are willing to implement an auto compounding feature in the future.
Question:
Are you going to support independent creators to list their tokens? And what would be the requirement? Thanks and Good Luck!
Answer:
Yes, we plan to deploy a self listing feature for the swap/exchange. Anyone who burns some amount of Kebab will be able to get listed to swap, However token owners who want farming pairs and staking pools need to go through the project application process.
https://docs.google.com/forms/d/e/1FAIpQLSc1gPCMYOjWC75bcK-9weaia4egPfCPLvkaINVGpc6IidogLA/viewform
We will be evaluating all the applications; however, I might say we will be a little picky on farming pool requests.
Concluding remarks:
Again, we would like to extend our sincerest thanks to Kebab Finance Team for compiling the questions, and another big thank you to @chefkebabi for this great AMA. Please show your support by joining Kebab Finance’s social media accounts.
Answer:
Thank you for having me again our team is very excited about the future of Kebab Finance and the significant impact it will make in the DeFi space.