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Topic: EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants (Read 158 times)

brand new
Activity: 0
Merit: 0
EmiSwap governance token provides its holders with voting rights as well as a 0.05% share from all transactions on EmiSwap. Pretty good conditions I think
legendary
Activity: 2030
Merit: 1059
Wait... What?
I am a little bit confused here.
In subject, you say "EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants"
But later it is "To reward the early adopters, we will distribute 50,000 ESW among the soft launch participants."

So, what is right?

I believe what they mean were to distribute 5,500 worth of USD(T) in ESW, since USD and USDT were usually at 1:1 ratio. Checked their rate and I found that ESW/USDT is at 0.11, so the number matched, that 50,000 ESW should be around 5,500 USDT. The airdropped token itself will be ESW and not USDT.

This is also confirmed from the article on the link they gave,

Quote
To reward the early adopters who join us at this stage, we plan to distribute 50,000 ESW equivalent to 5,500 USDT proportionally among the soft launch participants.
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
I am a little bit confused here.
In subject, you say "EmiSwap ☄️we will distribute 5,500 USDT among the soft launch participants"
But later it is "To reward the early adopters, we will distribute 50,000 ESW among the soft launch participants."

So, what is right?
sr. member
Activity: 1988
Merit: 275
emiswap is part of emirex, as we know emirex in the past they did not treat bounty participants well. However, I wish them success with their new project.
Emirex distributes enough tokens to the bounty hunter but the time is too long. This campaign will run for about two weeks but don't know how long they will pay?

What is the status of the emirex platform now? If you see their markets, the trading pairs for AED with USDT, BTC, ETH are really not that huge number. So that means they are not doing good in the middle eastern countries? Now, that they have their own DEX, do you think they will do good on this venture? If they have bad history paying their participants before, don't think a lot will come to their new bounty program, unless, those users don't know their past history.
legendary
Activity: 2030
Merit: 1059
Wait... What?
Hi Its another alternative to Uniswap, Am I right? If yes, Can you tell me what is the killing features of this new dex that Uniswap has not yet implemented? where I can read about the new features that may interest  huge numbers traders?

https://crowdsale.emidao.org/magic-nft

They are offering NFT cards with every purchase and some kind incentives during this soft launch although there is nothing unique to offer. Almost all swap sites are offering the same like Uniswap if they would keep the trading fee little than it can attractive the people to use this platform.

The card (according to the referenced webpage) gives their native token, EST, at certain number depending on the level of the card.

Now, I'm not familiar with emiswap, at all, so I have zero to no idea of their tokenomy, but is anyone knows if this native token quite favorable or not? People uses them on daily basis that will guarantee their price goes up or maintained at certain value? What I wanted to know is, if holding the cards and earned EST from it will actually worth the price of buying them or is it just another lame attempt to create something "unique"?
full member
Activity: 412
Merit: 100
emiswap is part of emirex, as we know emirex in the past they did not treat bounty participants well. However, I wish them success with their new project.
Emirex distributes enough tokens to the bounty hunter but the time is too long. This campaign will run for about two weeks but don't know how long they will pay?
sr. member
Activity: 1554
Merit: 250
Making Smart Money Work
emiswap is part of emirex, as we know emirex in the past they did not treat bounty participants well. However, I wish them success with their new project.
legendary
Activity: 1876
Merit: 1003
Hi Its another alternative to Uniswap, Am I right? If yes, Can you tell me what is the killing features of this new dex that Uniswap has not yet implemented? where I can read about the new features that may interest  huge numbers traders?

https://crowdsale.emidao.org/magic-nft

They are offering NFT cards with every purchase and some kind incentives during this soft launch although there is nothing unique to offer. Almost all swap sites are offering the same like Uniswap if they would keep the trading fee little than it can attractive the people to use this platform.
newbie
Activity: 19
Merit: 0
Unusual that EmiSwap utilizes a protocol where the assets are priced according to a pricing algorithm instead of using an order book like at most exchanges.
hero member
Activity: 2492
Merit: 542
Hi Its another alternative to Uniswap, Am I right? If yes, Can you tell me what is the killing features of this new dex that Uniswap has not yet implemented? where I can read about the new features that may interest  huge numbers traders?
legendary
Activity: 2492
Merit: 1215
In Russian local board you have mentioned, that EmiSwap has roots of Emirex. You've said that EmiSwap development team consist partly of Emirex team. What about marketing and strategy team members? 

I remember there were issues with Emirex, as I participated in their bounty. Distribution happened after one year after bounty ended, rewards were distributed to exchange, but not to user wallet, and bounty hunters were asked to pass KYC to withdraw. What about your proposal? How the distribution will occur and wont participants face any problems with it?
full member
Activity: 208
Merit: 100
EmiSwap beta is now live!🔥🔥

To reward the early adopters, we will distribute 50,000 ESW among the soft launch participants.

Help us get ready for the official launch and seize your reward!💰💰

Follow the link to learn more: http://bit.ly/beta_release3

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