Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from HyruleSwap and our guest was @OmairArshad, @skullkidswap, @GDekuTree – representatives of HyruleSwap. The AMA took place on 2nd May.
The total reward pool was 500$ and has been split into 3 parts.
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Website
Luis Merino 🇪🇸 | Satoshi
Club:
Hello SatoshiClubbers and welcome to another AMA session with us. Our guests
today are from HyruleSwap.
@OmairArshad, @skullkidswap and @GDekuTree, you are welcome. It’s a pleasure to have you here 😊
Skull Kid:
Hi all 👋
Omair:
👋
Andrés M. | Satoshi Club:
Welcome to Satoshi Club!!!
@OmairArshad
@skullkidswap
@GDekuTree
Andrés M. | Satoshi
Club:
How are you today guys?😃
Omair:
Great! Very excited.
Luis Merino 🇪🇸 | Satoshi Club:
Nice to hear 😄
Skull Kid:
Great to be here, thank you for the invitation.
Andrés M. | Satoshi Club:
It’s an honor for us to have you here👏
Skull Kid:
🔥
Luis Merino 🇪🇸 | Satoshi
Club:
So, as a beginning, can you please make a brief introduction about yourselves
and about HyruleSwap? 😊🙏🏻
Andrés M. | Satoshi
Club:
@GDekuTree welcome to the AMA😃
Luis Merino 🇪🇸 | Satoshi
Club:
Hello Deku! Welcome 😉
Great Deku Tree:
Yes of course! We are 5 in the team and we come from various horizons! Some are
from the big data sector, others from the banking sector. I am in BI 🙂
HyruleSwap was created as a tribute to the Zelda games series. We love these games and we wanted to create something related to that!
HyruleSwap is a yield farming and gamified yield optimizer platform 🙂
Andrés M. | Satoshi Club:
An open-world ecosystem?
Great Deku Tree:
Exactly your ecosystem encompasses farms, vaults, pools, gambling games, NFTs
and a dungeon system 👀
Luis Merino 🇪🇸 | Satoshi Club:
Zelda was one of my favourite games 😄😄
Great Deku Tree:
Ohhh 😮
Great Deku Tree:
A man of good taste I see
Luis Merino 🇪🇸 | Satoshi
Club:
I used to play it a lot 😊
Andrés M. | Satoshi Club:
Amazing, so what are the main use cases of RUPEE?
Luis Merino 🇪🇸 | Satoshi Club:
You know 😉😂
Great Deku Tree:
You can stake our RUPEEs to earn even more, but you can also gamble them in our
gambling wheel or buy NFTs with them 🙂
We will release more gambling games along the way!
In addition we have another token named gRUPEE.
Which is governance token limited to 200K.
Andrés M. | Satoshi
Club:
Well, let’s learn more about the project😁, we have collected
some community questions for you, are you ready to proceed?
Great Deku Tree:
Yes of course!
Q1 from Telegram User @Highpee
Your Project name, HyruleSwap, is inspired by Hyrule Warriors, a Japanese game released in 2014 and your gaming characters are inspired by Legend of Zelda, a high fantasy Japanese adventure game. However, your token name is $RUPEE, a fiat currency used in Indian. What experience do you intend to provide to users with the adoption of Japanese themed gaming products? Also, Why do you prefer using the Indian $RUPEE instead of Japanese $YEN as the currency of your platform? Lastly, what are the utilities/functions of RUPEE and the other token you called GOLDEN RUPEE within your ecosystem and how are they different or unique?
Great Deku Tree:
1) HyruleSwap is not inspired by Hyrule Warriors but by the original Zelda
series.
Regarding the token name, RUPEE is not related to the Indian currency but it’s
the name of the currency used in the game 🙂
Omair:
About the utilities of RUPEE, you can stake them to earn more, gamble and buy
NFTs with them, more NFTs coming tonight 👀
Great Deku Tree:
We have a Japanese TG channel, we have created it to reach the Japanese
audience because we believe the demand might be big there!
Andrés M. | Satoshi Club:
To be clear with @highpee , what is the meaning of Hyrule?🤔
Great Deku Tree:
It’s the kingdom of the Zelda games series!
The kingdom of Hyrule
Andrés M. | Satoshi Club:
Could you share some NFTs design with us?
Luis Merino 🇪🇸 | Satoshi Club:
Tonight? 😳😳😳
Luis Merino 🇪🇸 | Satoshi Club:
💪
Omair:
Andrés M. | Satoshi Club:
Oh great, definitely I must play it😁
Great Deku Tree:
Here is a sneak peek of what is gonna be available tonight in our Kokiri shop
🙂
It’s time-limited!
Skull Kid:
I’ll answer for the golden rupee part.
So basically, it’s a governance token with a capped supply.
200k
It’s earnable only on our autocompounded Vault. At the moment, only ~7k are in
circulation. We are planning to launch a large batch of Vault soon to
distribute golden rupee. When there is enough token in circulation, we will
launch our governance system and fees redistributions for grupee rupee holders.
Luis Merino 🇪🇸 | Satoshi Club:
I like it!
Andrés M. | Satoshi Club:
Wow, who is the designer?
Great Deku Tree:
A friend of ours 🙂
All of us here are friends, we only work with trustworthy people to avoid issues and conflicts!
Andrés M. | Satoshi Club:
So what are the main benefits for Rupee and gRupee holders?
Luis Merino 🇪🇸 | Satoshi Club:
So only one way to earn Golden Rupee 😄
Skull Kid:
In addition to being able to participate in all our NFT features, dungeons, and mini-games, they also have a proposal and voting power to participate also to the growth of the platform
Skull Kid:
And of course, they’ll also be able to profit of fees redistribution generated
by Vaults.
Skull Kid:
Y haha, or you can buy it, as you wish.
Andrés M. | Satoshi
Club:
Thanks for the clarification, are you ready to proceed with the next question?🥳
Great Deku Tree:
Yes.
Q2 from Telegram User @victorogb
A couple of weeks back, HyruleSwap completed its listing request with CoinMarketCap and Coin Gecko to have the Golden RUPEE listed. However, since this announcement, the community has been eager and expectant. Can you carefully brief us on the progress so far on these applications, and are there future plans to apply for listing in some tier-1 exchanges in the nearest future and what other significant marketing push should we expect from HyruleSwap in the coming weeks and months?
Great Deku Tree:
Regarding CMC and CoinGecko it’s really hard to give you an estimation because it’s pretty random. However, we believe that it shouldn’t take too long now!
Regarding being listed on an exchange, we have recently migrated to ApeSwap and are really happy to work with these guys.
However, we don’t have plans to be listed on an exchange right now because a are too small. But in the future Why not!
We had a bunch or marketing going on over the past week and we are currently in discussion with some influencers, hopefully we will announce something soon 😉
Andrés M. | Satoshi Club:
ApeSwap is the only way to buy your tokens?
Luis Merino 🇪🇸 | Satoshi Club:
Do you have any ambassador program ongoing or anything similar?
Omair:
It’s the best way to buy them 🙂
Great Deku Tree:
We don’t have an ambassador program unfortunately
Andrés M. | Satoshi Club:
Then congrats for the migration 🥳
Great Deku Tree:
Thanks 🙏
Andrés M. | Satoshi
Club:
Btw, could you tell us about your current partnerships?
Andrés M. | Satoshi
Club:
I read something about Chainlink, is that right?
Great Deku Tree:
We are using their tools in order to make our RNG based games better! This will allow us to try and explore more things!
Skull Kid:
Our main and the one that we are the proudest of is Apeswap. We are part of their builder program. It brings to us so much, and those in this program. It’s like a little community when we push each other and grow together.
Andrés M. | Satoshi Club:
Thank you for the answers, would you like to add something before the next question?
Luis Merino 🇪🇸 | Satoshi Club:
Sounds amazing! Chainlink is big 💪
So you are like brothers 😄
Let’s use ApeSwap then
Great Deku Tree:
That’s it for the time being 🙂
Q3 from Telegram User @yellowchamp
I noticed that in your roadmap, you have high, average, and low priority. So how did you sort out things to give the most priority and less priority in your roadmap? One of your high priorities is launching Dungeons, so can you explain more about Dungeons? Why it is one of the most priorities in your platform to launch? How essential it is in HyruleSwap network? You give low priority to launching NFT Marketplace, so why does this marketplace in the least priority? How important is NFT in your platform? Thank you
Great Deku Tree:
Haha exactly.
Skull Kid:
Regarding NFT marketplace, we are in discussion with a bunch of marketplaces in the space to list our existing and upcoming NFTs. Because of that, it’s our lowest priority feature atm.
Great Deku Tree:
Yes indeed!
The dungeons are a big part of the ecosystem! In the
dungeons you will be able to use your NFTs in dedicated farms and earn rewards
a such as NFTs items and components. The components will be used at the forge
to craft exclusive items!
In addition you will be able to buy chests (lootboxes) in RUPEEs and gRUPEEs
(Golden chests).
Each item has specific stats that will be used as multipliers to defeat the
monsters and earn loot!
Omair:
You can read more about it here :
https://hyruleswap.medium.com/and-the-master-sword-sleeps-again-forever-e98ebc04d332
🙂
Luis Merino 🇪🇸 | Satoshi Club:
Thanks for the answer. Clear one 😄
Great Deku Tree:
We believe the dungeon system is quite unique and exciting that’s why is so
high on our roadmap 🙂
Luis Merino 🇪🇸 | Satoshi Club:
I like the idea 😄
Great Deku Tree:
Thanks 🙂
Luis Merino 🇪🇸 | Satoshi Club:
Priorities 😉
👀👏
Andrés M. | Satoshi
Club:
Thank you guys, btw how is the distribution of tokens RUPEE? I mean the
tokenomics
Omair:
For RUPEE, no max supply and 1 new RUPEE minted per block
Great Deku Tree:
But keep in mind that we have a lot of burning going one! We burn via the
gambling games, the NFTs and manually every week!
With our last NFT we managed to burn over 47K RUPEEs!
Andrés M. | Satoshi Club:
Actually about next question is regarding that
Luis Merino 🇪🇸 | Satoshi Club:
That’s a lot 😄
Yep haha. Maybe we can jump into it
Andrés M. | Satoshi Club:
What is the current price of RUPEE?
Skull Kid:
Around ~$2.7 atm.
Andrés M. | Satoshi
Club:
Thank you, then let’s proceed😁
Q4 from Telegram User @jodasf
Many projects decide to have a limited supply of tokens, so why has HyruleSwap decided that its supply will be unlimited and how will this help the token’s value grow?
Great Deku Tree:
We are developing more mechanisms to burn more tokens, like new games. Also, keep in mind that the gRUPEE supply is limited to 200K.
Luis Merino 🇪🇸 | Satoshi Club:
Which games? I think there are many gamblers here 😄
Great Deku Tree:
Haha, we will show you a sneak peek on medium when we get closer to the launch date, but for the time being, we will focus on vaults first! However, it will stay in the Zelda universe and be based on a Zelda mini-game 🙂
Skull Kid:
An unlimited supply unlocks a lot more possibilites to work around. It shift our focus on building valuable features without being concerned with incentivizing after the max supply reached
Andrés M. | Satoshi Club:
Amazing, don’t forget to share it with us 😁
Great Deku Tree:
Of course!
Andrés M. | Satoshi Club:
Great answers, I think is so clear and we can proceed with the next question, ready or do you want to add something else?
Luis Merino 🇪🇸 | Satoshi Club:
😳🚀
Great Deku Tree:
We are ready for the next question!
Andrés M. | Satoshi Club:
Exciting news for gamers 😁
Q5 from Telegram User @Wormz28
You’ve decided to make an article about Uranium Finance that has been recently hacked where several tens of millions of USD have vanished. I’ve never heard of Uranium Finance before but sad to hear this kind of news. This is an important topic because recently many platforms got hacked, so can you explain more regarding this matter like what happened and why did it happened? Also in your opinion, what do you think? Uranium Finance, have they been the victim of a hack or it is a rug pull?
Luis Merino 🇪🇸 | Satoshi Club:
Yes! 😊😊
Skull Kid:
Of course, so Uranium Finance is dex, similar to Uniswap or Pancakswap where
you can exchange tokens and provide liquidity. Like Pancake, they decided to
migrate their current Liquidity contracts ( LP token) to an upgraded version.
Unfortunately, the upgraded version embarked in it a calculation error
Because of the error, the balances of pair contracts were larger, like a hundred time larger than the real ones
Great Deku Tree:
You can read more about it here:
https://hyruleswap.medium.com/this-island-is-going-to-dis-appear-our-world-is-going-to-disappear-our-world-our-world-2ea130268c12
Skull Kid:
After that, anyone could drain all the liquidity of the pools because of wrong data
We wrote an article about it because it educates us and the community about possible hacks so we can all be careful and avoid them in the future.
Andrés M. | Satoshi Club:
Do you think it could happen on ApeSwap?
Skull Kid:
Definitely not, I tend to think it was a rugpull from the team and I know for
sure that ApeSwap is 1000% legit, dope team
Great Deku Tree:
No we don’t think so, their devs and their team are really cautious about the security aspect and from now on they select their partners very carefully!
Luis Merino 🇪🇸 | Satoshi
Club:
I have no questions regarding this answers haha. Shall we proceed with the last
question of part 1?
Great Deku Tree:
They work with various teams to ensure that the funds are SAFU!
Luis Merino 🇪🇸 | Satoshi Club:
💪
Great Deku Tree:
Sure!
Andrés M. | Satoshi Club:
That’s great guys, safety first
Q6 from Telegram User @ambbobb
I could see that HyruleSwap has been audited by TechRate, MythX, the premier security analysis services, which is one of the steps that makes the community have a trust in a project like this.But trying to access the Reports from the two platforms, it was redirecting me to another unknown website. How can we get the report in a readable way or we are not meant to go through the report?
Omair:
You can find the reports on our github :
https://github.com/hyruleswap-finance/hyruleswap-audits/
And we are waiting for the CertiK audit too 🙂
Great Deku Tree:
https://www.certik.org/projects/hyruleswap
Great Deku Tree:
It should be ready mid-May!
Andrés M. | Satoshi Club:
You have an incredible project guys, congratulations for your great effort💪🥳
Great Deku Tree:
Thanks a lot 💪
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Josuchams
What will be the differences between premium NFT and normal NFT?
Great Deku Tree:
The premium NFTs are time-limited for 10 days 🙂
They will be very valuable in the long term so it’s better to get them as soon as they are out!
Q2 from Telegram user @Pratze
From what i learn in ama part 1 with HyruleSwap, you are really a great project. Any info regarding presale or public sale of RUPEE token? Where we possible to get them?
Omair:
We already launched the token, it was fair-launched. You can buy RUPEE from here https://dex.apeswap.finance/#/swap?inputCurrency=BNB&outputCurrency=0x89E8416eA5b69863CCb34D3A5C74A86bf5549147
Q3 from Telegram user @Shoter95
Any ETA on the dungeons yet? Can’t wait to start using my hyrulian shields! 🛡🛡🛡🛡
Great Deku Tree:
We will start working on the dungeons in May and we will release its features step by step! Keep in mind that the dungeons are our most ambitious feature so far thus it will require some work 💪
The upcoming roadmap is:
-Tonight’s NFTs
-Governance system
-Extra vaults and pools
-Dungeons and new UI
😉
Q4 from Telegram user @atillayeni
I see on Hyruleswap there is crazy amount of APY’s 18,634.90% How is this possible?
Omair:
Thanks to the strategy of our vaults, we can offer APYs like this one 🙂 https://hyruleswap.com/vaults
Q5 from Telegram user @sensei3020
What is your longterm vision with HyruleSwap ?
Great Deku Tree:
We want to become a great place where people can farm and have fun! Just leave your tokens in a safe place and enjoy the gambling games and the dungeons 😉
We and to gamify the old farming system and bring something new 🙂
Q6 from Telegram user @Gaston_1234
Why you don’t use automatic burn method for RUPEE?
Omair:
Actually, when you buy an NFT, RUPEE is automatically burned. In addition, gambling also automatically burns RUPEE 🔥
Q7 from Telegram user @Kangdalot
For the gambling section of hyruleswap. How are you going to compare/compete with other crypto gambling websites like Roobet and Stake?
Great Deku Tree:
We are not trying to compete with them but we are trying to create something new and unique involving NFTs and extras 🙂
Q8 from Telegram user @cryptonation2
What are your plans to build a strong community? How important is community for you?
Skull Kid:
Community is really important to us. We are very grateful as we already have a great community in our Telegram, and all our socials and every opinion and idea matter to us. That’s why we are implementing a governance system where the community will participate in the growth of Hyrule, growing together is the only way!
Q9 from Telegram user @frannine
Hi! I saw in the web that you are hiring people, what kind of dev you need more? Or marketing maybe. Thanks!
Great Deku Tree:
Someone has joined us not too long ago, but we are always looking for new people with the right skills 🙂
You can always reach us here: [email protected]
Q10 from Telegram user @KhaleesiTheCryptoLady
Do you have plans on creating your own marketplace to be able to trade NFTs inside HyruleSwap?
Skull Kid:
For now, we are in contact with many marketplaces in the space such as Lootex, Treasureland so our users would be able to exchange Hyrule NFTs. In the long run, we would definitely launch our own NFT marketplace.
Part 3 – Quiz Results
In the final part, we tested your knowledge in terms of HyruleSwap. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru
Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/
Our partners:
HyruleSwap Telegram community: https://t.me/HyruleSwap
Twitter: https://twitter.com/hyruleswap