BSCStation Exclusive AMA Recap
💕 We’d like to thank all of you who joined the BSCStation Exclusive AMA session. This recap will highlight the key takeaways from the AMA session, in case you missed it!
🎯 Throughout the AMA, our team members, including the COO as well as the CM, have shared insights about future development with the rebranding from BSCStation to BSCS.
This is a recap of the entire session, in case you missed it!
✔ 1st Segment: INTRODUCTION
Host: Hello BSCSians, We are privileged to have two speakers for this session, Mr. Justin - COO of BSCS and Mr. Hoyuka - CM of BSCS. With extensive experience and deep insights into the ever-evolving tech landscape, both have been integral members of our team, pushing boundaries and redefining innovation.This AMA aims to present valuable updates regarding the new features of our product. Mr. Justin and Mr. Hoyuka, with their expert knowledge and understanding of our offerings, will provide comprehensive insights about these enhancements and how they intend to elevate users' experience.
Q1: In the current context of a prolonged downtrend market, most projects are limiting their scale of operations, even restructuring their products and brands to be able to continue to maintain. So how did BSSCtation adapt to that?
Mr.Justin: This is a very difficult period for the entire market, however we understand that this is a good time to build and get ready for the next uptrend cycle. After 2.5 years of formation and development, BSCStation has become a leading launchpad platform today.
Currently, we not only support projects on Binance Smart Chain, but have developed and can launch projects on many other chains such as Ethereum, AVAX, Arbitrum, Dogechain, OKX Chain, Polygon, Polkadot , Aptos, Fantom, Tron , Sui Network, Base Network.. and promises to be more in the future.
In order to take advantage of the technical platform as well as better brand positioning, we decided to change the brand name from BSCStation to "BSCS" because it is a shortened name that is too familiar to our partners and customers.
The decision to change our name to BSCS reflects our growth and desire to streamline the brand. It is a natural progression as we move forward in the DeFi space and it will not affect our commitment to providing innovative DeFi services. So If you're a blockchain project seeking for IDO or INO Launchpad, let's apply to launch your project on BSCS. Watch your project's value soar to its highest potential with the expert support of the BSCS team.
Q2: Besides the brand name will be shortened, is there any other changes that you want to update to BSCS community users?
Mr.Justin: We will change the logo, release a new domain, making it easier for users and partners to recognize. Along with changing the name, logo and website, we are also ready to launch a new product that the BSCS team has built and developed recently: Dex Aggregator and Dex Tool kits.
With many wonderful features, this promises to be a game-changer for traders, investors, and enthusiasts looking to discover decentralized exchanges
Q3: Sounds great, Mr.Justin. I've just heard you mentioned to Dex Aggregator and Dex Tool kits, right? can you please release more information about the Dex Aggregator and Dex Toolkit? Why do we need them in the blockchain space?
Mr.Justin: You know In the world of DeFi, decentralized exchanges play a pivotal role in enabling peer-to-peer trading of cryptocurrencies. However, with numerous DEXs and an ever-expanding list of tokens, finding the best rates and managing trades efficiently can be daunting. That's where DEX aggregators come into play.
At BSCS, we're committed to simplifying DeFi for users of all experience levels. Our DEX aggregator is designed with your convenience and security in mind. This cutting-edge online tool is designed to be the compass that leads you through the massive assets spread across various networks, guiding you toward investment opportunities that align with your vision and goals.
Dex Toolkit is a curated data hub with information about more than 20,000 coins on different blockchain networks.
It uses a smart algorithm to gather real-time data from DEXs, ensuring you have the latest insights. The user-friendly interface of Dex Aggregator and Dex Toolkit lets you sort, filter, and explore assets effortlessly.
If you are a crypto trader, you will know that data analysis is very important to make investments and trades supported by a good market understanding. We like to describe Dex Aggregator and Dex Tool kits as a DeFi analytics platform that allows users to gain valuable knowledge on crypto insights in an easy way.
Q4: Can you share with us some Key Features of of this product? let's start with Dex Aggregator first!
Mr. Justin: Yes, of course. About Dex Aggregator, this is a feature supported by OKX. At BSCS, we're committed to simplifying DeFi for users of all experience levels. Our DEX aggregator is designed with your convenience and security in mind. Here's what sets us apart:
Unrivaled Liquidity: We source liquidity from multiple leading DEXs across different blockchain networks, ensuring you get the most competitive rates for your trades.
User-Friendly Interface: Our intuitive platform makes it easy for beginners and experienced traders to navigate the DeFi landscape effortlessly. Select your tokens, set your slippage tolerance, and watch as our aggregator finds you the best deal.
Wallet Integration: Connect your preferred wallet with ease. Whether you use MetaMask, Trust Wallet, or any other compatible wallet, we've got you covered.
Transparent Information: Access real-time data on token prices, trading volumes, and liquidity pools so you can confidently make informed decisions.
Customizable Slippage Control: Tailor your trading experience by adjusting slippage settings to match your risk tolerance. Our platform ensures that your trades are executed within the parameters you define.
Security First: Security is our top priority. Rest assured that your assets are protected with state-of-the-art encryption and smart contract audits.
Using Dex Aggregator is also very simple. You just need to connect your cryptocurrency wallet to use a DEX aggregator. This allows the aggregator to access your funds and execute trades on your behalf. Common wallet integrations include MetaMask, Trust Wallet, and more.
After that you can then select the token you want to trade using the DEX aggregator's interface. The aggregator will provide a search bar or token selection menu where you can enter the symbol or token name
When you swap: DEX aggregators allow users to set their preferred slippage tolerance. This helps users control the maximum deviation from the expected price they are willing to accept.
Users can usually adjust the slippage tolerance as a percentage. For example, setting a 1% slippage tolerance means that the aggregator will only execute the trade if the price difference is less than 1% from the expected price.
The aggregator will then source liquidity from various decentralized exchanges to find the best rate for the trade.
The trade is executed automatically if it falls within the specified slippage tolerance. If not, users may be prompted to confirm the trade at a slightly different price.
Experience the future of DeFi today; choose BSCS as your trusted partner in navigating the Blockchain World. Start swapping tokens, maximizing your returns, and embracing financial freedom like never before.
Q5: So what about the DEX tool kits? Are there any special features you would like to share with our users?
Mr. Justin: Sure, We bring you an all-inclusive toolkit that will revolutionize how you explore, analyze, and invest in the ever-expanding DeFi ecosystem. At the core of DEX Tools is a versatile trading bot designed to cater to all levels of traders.
Whether you're a liquidity provider, volume trader, sniper bot enthusiast, token creator, or need secure wallet generation, we've got you covered. Plus, our DEX tracking ensures you have the data and insights you need to make informed decisions. Key Features of DEX Tools included:
The first one is DEX Tracking with features: Pair Explorers, Multicharts, Chain Lists, and Whale Tracking—All in One Place!
- We provide comprehensive data on the latest token pairs and liquidity pools across multiple decentralized exchanges (DEXs). Discover new opportunities and seize them before the crowd.
- Our pair explorers offer detailed insights into trading pairs, historical data, volume trends, liquidity depths, and much more. Empower yourself with the information you need to make informed trading decisions, makes it easier than ever to find hidden gems and understand token pairs like never before.
- Our Multicharts feature will help you Experience DeFi data visualization at its best. Analyze price movements, trading volumes, and liquidity changes across various DEXs in a single intuitive interface best. Customize your charts, spot trends and execute trades with precision.
- And as you know, DeFi is a multi-chain universe, and we've got you covered. Access a comprehensive list of supported blockchains and ecosystems, making exploring and trading assets across different chains easy. Seamlessly navigate between networks and diversify your portfolio.
- Gain insights into the movements of crypto whales. Our whale tracker keeps you informed about significant transactions and token flows, allowing you to anticipate market shifts and align your strategies accordingly.
The second one is Trading Bot, provides a lot of features such as:
Liquidity Provider: Amplify your earnings by becoming a liquidity provider on various decentralized exchanges (DEXs). Our trading bot manages your liquidity pools and optimizes your returns.
Volume Trading: Take advantage of market volatility and high trading volumes with high-frequency trading strategies tailored to your preferences.
Sniper Bot: Execute trades with pinpoint accuracy, minimizing slippage and maximizing your gains. Our sniper bot targets specific price points using advanced algorithms.
Token Creation: Effortlessly create custom tokens and launch them on various blockchains. Seamlessly manage your tokens with our integrated smart contract support.
Wallet Generator: Generate secure wallets for storing digital assets across multiple blockchain networks.
Now we are focusing on complete our Roadmap in time, trading bots are our priority and we think that is what will give our users a great advantage respect another traders, with the bots some of our tools becomes semi-automatized, so, as an example if you can now see the token catcher and put an order, in the future you don’t need to be in front of your computer to put it, you give the bot the parameters you want and it do all job for you, put the order, buy and sell. We think it will be amazing.
Whether you're an experienced trader, liquidity provider, or an aspiring token creator, DEX Tools equips you with the tools you need to thrive in the dynamic world of DeFi. Discover new opportunities, make data-driven decisions, and redefine your success.
Q6: Would you please tell our audience what major milestones they should expect for the future on BSCS?
Mr. Hoyuka: We aim to be the best comprehensive platform for data analysis of the crypto and NFT markets. For this reason, we are already working on creating new tools to analyze the market that provide useful and understandable information to improve one’s trading strategy.
Our short-term goal is to keep adding new chains, improving the DEX aggregator, releasing new tools with Trading Bot in the main app, and exploring new businesses. I think it’s going to be a huge step for our ecosystem among other big things that are coming. We will still develop according to the roadmap. Meanwhile, we will constantly look for quality projects to launch IDO on BSCS, Stay tuned for more good news from us.
Host: Great! we've covered some updates from BSCS team, now let's move on to the live-question session. I'm excited to hear what's on your mind, so feel free to raise your hand, we will choose some lucky audiences to ask our speakers some interesting questions! Hope you're all ready for that!
✔ 2nd Segment: LIVE QUESTIONS
Q1: What is the competitive advantage of BSCS's Dex Aggregator and Dex Tools as DEX-related products are growing rapidly? I mean why should we choose it?
Mr. Justin: The biggest difference is that we are not just a data service provider. Our goal is to build a data-based product and service ecosystem. Why Choose DEX Tools by BSCS? Because we have a lot of advantages:
Comprehensive Trading: Unlock a wide array of trading opportunities, from liquidity provision to high-volume trading and sniper precision.
User-Friendly Design: Our platform is built for beginners and experts, offering intuitive interfaces for smooth navigation.
Risk Management: Advanced risk management tools protect your investments, ensuring peace of mind.
Real-Time Insights: Stay ahead of the market with real-time data, ensuring you're always informed.
Community and Support: Join our vibrant community of DeFi enthusiasts and receive expert support on your trading journey.
Whether you're an experienced trader, liquidity provider, or an aspiring token creator, DEX Tools equips you with the tools you need to thrive in the dynamic world of DeFi. Discover new opportunities, make data-driven decisions, and redefine your success.
Q2: Is Dex Aggregator user-friendly? Is it for pro-users or for everyone?
Mr. Hoyuka: Our main idea has always been to provide a platform that is simple to use for both those with a lot of experience in the crypto world and those who have recently approached it.
We have dedicated many hours of research to create our interface, in both web and mobile versions, to make it as simple as possible.
We believe that the biggest limitation of today’s data analysis platforms is not providing an adequate user experience, perhaps providing many statistics that are difficult to understand. So, to answer your question, Dex Aggregator is for everyone!
Q3: Will the rebranding process of BSCS lead to any impact on the value of the BSCS token?
Mr. Hoyuka: Only BSCS token will be used for all products, We'll execute strategic plan to increase the utility of our native token and explore new possibilities within the BSCS ecosystem and beyond by releasing NEW & OPTIMIZED Tokenomic with the objective: Increased Token Utility, Enhanced Rewards, Greater Governance Power and Sustainable Growth. Our main goal is to ensure the long-term sustainability and stability of BSCS. By reallocating resources, we can focus on research, development, and platform improvements.
Q4: Recently there has been a lot of news about attacks or hacks happening in some projects, Security is really a major problem for many projects or companies. How will BSCS protect its users’ data and privacy?
Mr. Hoyuka: In our case the answer is very simple because our login system is fully decentralized and works only by connecting your wallet and with a signature to verify the ownership of that wallet, we don’t save any specific data from our users so the risk of using dex aggregator for your privacy is 0.
Q5: What will the fee from Swap and other activities from Dex tools be used? We can use BSCS or the new token to be a gas?
Mr. Justin: We confirm once again there will be no new tokens besides the BSCS token. Gas fees will be based on the chain of swaps you make. A small fee may be charged for various activities. it could be operational fees and advertising revenue, all of which will be used to buy back and burn BSCS in upcoming tokenomic and new token use cases. We believe that the future will be extremely bright for BSCS
Host: Thank you all for joining our AMA session today. It has been great interacting with you and addressing your questions about the product and rebranding process of BSCS. If you have any further questions or need assistance, feel free to reach out to our support team. We value your feedback and will take it into consideration as we build towards the future. Thank you once again for your time and participation. We look forward to serving you better with our upgraded and rebranded identity.
​​Thank our beloved community for the great questions and for taking the time to participate. We hope you found the session informative and engaging. If you guys have any further questions or follow-ups, don't hesitate to reach out.
There will be a lot more announcements and material coming your way, so keep an eye out for our social media channels.
About BSCStation
BSCStation - The fully decentralized protocol for launching new ideas. An all-in-one Incubation Hub with a full-stack Defi platform across all main blockchain networks. We provide exclusive services including IDO/INO Launchpad, Yield farming, NFT Auction, Marketplace, and BSCSwap
BSCStation operates on top of all the main blockchain networks and is designed to offer maximum value to consumers and institutions.
BSCStation platform uses the Sharing Economy Model for the purpose of profit-sharing, helping users to access DeFi platforms in the easiest, safest, and most cost-effective way. BSCStation is the most convenient bridge to connect users and application products on all main blockchain networks.
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