Matics own Pancakeswap | Bitcointalksearch.org

mexite

jr. member

Activity: 706

Merit: 4

Quote from: Malam90 on August 22, 2021, 06:32:44 AM

Quote from: jawaida on August 10, 2021, 08:45:44 AM

The slippage is a self-sustaining model to ensure continuous Liquidity, burn and development of the Project moving forward, it will be listed on Whitebit soon so you can always buy without the 6%fee it's only for their own platform where the fee is charged. For all other swaps which will come with time there will be no 6% fee for swaps. The amount of exposure this will get koving forward because of the marketing coming, they'll be on various exchanges.

What's to come
CMC
CG
Whitebit
Manny Pacquiao Promotional Campaign
Lottery Features
& much more.

As more tokens are minted from farming and staking the supply will inevitable go up, however with regular burns great promotion and reduced APR from increased staking and farming that's absolutely normal. Quickswap is great I take nothing away from it CPS has catching up to do however utility speaks it's self, it is following Pancakeswaps model with additionals.

Has a massive upside if marketed properly.

I have already invested small amount and staked there but i am not satisfied with 6% fees including Tax which is huge. If every transaction deducts balance, it's not suitable for trade that tokens. Only long term holders can gain from such type of deflationary tokens. That's why investors prefer to trade non deflationary tokens or small amount of tax deducted tokens.

I believe the high tax fee deducted from sell order is to dissuade investors from dumping the token, and thus encourage long term holding. Maybe with time, as the ecosystem matures, it may be changed.

Malam90

full member

Activity: 1099

Merit: 116

Quote from: anu1908 on August 23, 2021, 06:50:58 AM

Quote from: Malam90 on August 22, 2021, 06:32:44 AM

I have already invested small amount and staked there but i am not satisfied with 6% fees including Tax which is huge.

is there no way to vote for change? that's quite an aggressive number tbh. probably a good idea if the rate of inflation is consistently high, but if not, and the price does not follow, it will not be a good thing for holders.

Obviously it's not a good idea to create such tokens with high inflation. It creates negative impact on the minds of the investors when they want to trade. Lower supply here is ideal for the developers to create new tokens. I basically don't like to trade a tokens with high inflation. Probably, many traders won't like it because they don't like to destroy their funds in buy and sell every time. It's the reason of the dead for many meme coins in the recent pasts with huge supply and high inflation.

Bitstar_coin

hero member

Activity: 2478

Merit: 695

SecureShift.io | Crypto-Exchange

Quote from: jawaida on August 09, 2021, 08:14:27 PM

Cremepieswap is 29 days old, yes Quick Swap has been around for a lot longer, but the promotions and features of CremePieSwap are second to none.

It's farming and staking is superb and the current APRs are very high.

Liquidity comes with time it's not something that is expected to grow overnight, right now Quickswap leads the way in swaps, that wouldn't make it the best, features do, newer and more innovative projects are born and always prevail if the marketing is right.

I have no affiliation to cremepieswap and to say you couldn't find it anywhere when you search it up is total garbage. It pops up as soon as I type it in a search engine, like literally at the top.

One to watch out for in the future.

Some of this high APRs platform should not be trusted, I know you are speaking highly of this particular one but the truth is, it is not possible for any platform to keep supporting high APRs for a long time without going under, I don't how such calculations are being done but I just know it is somewhat strange for a new startup to give such high reward, even long-term players like binance don't offer such high APRs to stakers, just my observation.

anu1908

sr. member

Activity: 770

Merit: 268

Quote from: Malam90 on August 22, 2021, 06:32:44 AM

I have already invested small amount and staked there but i am not satisfied with 6% fees including Tax which is huge.

is there no way to vote for change? that's quite an aggressive number tbh. probably a good idea if the rate of inflation is consistently high, but if not, and the price does not follow, it will not be a good thing for holders.

Rabi3

full member

Activity: 1204

Merit: 100

Quote from: shinratensei_ on August 09, 2021, 06:31:00 PM

Non sense thing. Quick swap is still dominating the matic chain as the best-decentralized exchange based on the swap service. The project you have mentioned above didn't even appear on the various exchange list site.
That sounds like that if the project above didn't yet have a product. I can't even find that anywhere.
Calling it as the best dex in matic was totally BS

exactly what i thought of, i always knew QuickSwap is the biggest one in matic's network, this guy is clearly exaggerating or he copied that form their medium, in my opinion QuickSwap is the best one in Matic blockchain, Paraswap is a good one too, this one just lost by saying they're the "biggest"

Malam90

full member

Activity: 1099

Merit: 116

Quote from: jawaida on August 10, 2021, 08:45:44 AM

The slippage is a self-sustaining model to ensure continuous Liquidity, burn and development of the Project moving forward, it will be listed on Whitebit soon so you can always buy without the 6%fee it's only for their own platform where the fee is charged. For all other swaps which will come with time there will be no 6% fee for swaps. The amount of exposure this will get koving forward because of the marketing coming, they'll be on various exchanges.

What's to come
CMC
CG
Whitebit
Manny Pacquiao Promotional Campaign
Lottery Features
& much more.

As more tokens are minted from farming and staking the supply will inevitable go up, however with regular burns great promotion and reduced APR from increased staking and farming that's absolutely normal. Quickswap is great I take nothing away from it CPS has catching up to do however utility speaks it's self, it is following Pancakeswaps model with additionals.

Has a massive upside if marketed properly.

I have already invested small amount and staked there but i am not satisfied with 6% fees including Tax which is huge. If every transaction deducts balance, it's not suitable for trade that tokens. Only long term holders can gain from such type of deflationary tokens. That's why investors prefer to trade non deflationary tokens or small amount of tax deducted tokens.

jawaida

newbie

Activity: 8

Merit: 1

The slippage is a self-sustaining model to ensure continuous Liquidity, burn and development of the Project moving forward, it will be listed on Whitebit soon so you can always buy without the 6%fee it's only for their own platform where the fee is charged. For all other swaps which will come with time there will be no 6% fee for swaps. The amount of exposure this will get koving forward because of the marketing coming, they'll be on various exchanges.

What's to come
CMC
CG
Whitebit
Manny Pacquiao Promotional Campaign
Lottery Features
& much more.

As more tokens are minted from farming and staking the supply will inevitable go up, however with regular burns great promotion and reduced APR from increased staking and farming that's absolutely normal. Quickswap is great I take nothing away from it CPS has catching up to do however utility speaks it's self, it is following Pancakeswaps model with additionals.

Has a massive upside if marketed properly.

Malam90

full member

Activity: 1099

Merit: 116

Quickswap is the best and most popular swap for Matic Network in the last couple of months. It is still dominating swap. Cremepieswap is still new and lots of things to do to getting popularize. I have just visited and amazed to see the token supply(10B) and the most annoying thing is that CPIE needs 6% slippage to trade. Can you bear 6+6=12% for making a single trade?

jawaida

newbie

Activity: 8

Merit: 1

Cremepieswap is 29 days old, yes Quick Swap has been around for a lot longer, but the promotions and features of CremePieSwap are second to none.

It's farming and staking is superb and the current APRs are very high.

Liquidity comes with time it's not something that is expected to grow overnight, right now Quickswap leads the way in swaps, that wouldn't make it the best, features do, newer and more innovative projects are born and always prevail if the marketing is right.

I have no affiliation to cremepieswap and to say you couldn't find it anywhere when you search it up is total garbage. It pops up as soon as I type it in a search engine, like literally at the top.

One to watch out for in the future.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Non sense thing. Quick swap is still dominating the matic chain as the best-decentralized exchange based on the swap service. The project you have mentioned above didn't even appear on the various exchange list site.
That sounds like that if the project above didn't yet have a product. I can't even find that anywhere.
Calling it as the best dex in matic was totally BS

jawaida

newbie

Activity: 8

Merit: 1

DISCLAIMER
I am NOT a developer of CREMEPIESWAP.
This is my own due Diligence.

Notes taken from CremePieSwap Medium.

DYOR

https://iili.io/RI2WE7.md.jpg

Website: https://cremepieswap.finance/
Twitter: CremePieSwap
Telegram: https://t.me/cremepieswapofficial

Cryptocurrencies have been gaining in popularity and consumer awareness in recent months. A contributing factor may be the exploding values of some of these coins. Plenty of crypto investors have figured out that investing in utility-based projects has the best chance of surviving any market cycle and the highest long-term returns.

There are now hundreds of use cases for blockchain technology such as NFT marketplaces, Cross-border payments, logistics monitoring, and the list goes on. A recently popularized use of blockchain technology is a decentralized exchange. Decentralized exchanges are cryptocurrency Dapps focused on the trading of other tokens through peer-to-peer transactions.

This is where CremePieSwap comes in, Matics own Pancakeswap

CremePieSwap is the best DEX on MATIC today
The popularity of decentralized exchanges has only grown with the recent success of a handful of DEX projects on the Binance Smart Chain. Polygon(MATIC) may just be the next blockchain ecosystem to take over the Defi space, and because of this, a race for dominance as the number 1 DEX on the MATIC network is underway. The recently released, CremePieSwap, seems to be a strong candidate for the gold medal and is soon to take over as the best DEX on the MATIC network.

CremePieSwap has now been released for four weeks and shows similarities to the success of PancakeSwap. There are a number of reasons why CremePieSwap has just about everyone in the Defi scene talking, and with plenty more announcements and features along the way, many speculate that CremePieSwap will be the best DEX on the MATIC network.

Community

By now, most crypto enthusiasts have figured out that the core success of any Defi-built project stems from the community. The community makes up for the backbone of any thriving project. Being able to push promotion and support when needed. CremePieSwap has one of the strongest unified communities in all of crypto. The joint venture has seen the collaboration of three solid communities. They are 100xCoin, LaunchZone, and BARMY. All three of these communities have banded together in becoming a social presence for CremePieSwap that no other DEX can compete with. The power of community backing can also be seen in the millions of liquidity provided through the pre-sale of CremePieSwaps own CPIE token. The community body of a project is a key future indicator of the success to come.

Features

A decentralized exchange is only as good as its utility features and In the case of CremePieSwap, Plenty of options are already supported for its user base with many more on the way.

Trading with CremePieSwap is made easy with an easy-to-use UI and the freedom of doing so without registration and account signups. Users can simply connect their wallet to the app in a matter of seconds (literally) and trade immediately with any supported pairings. Additionally, 0.05% of every trade made on CremePieSwap is burned, rewarding those who hold CPIE in their wallet. CremePieSwap is able to take advantage of MATIC’s already low fees and combine it with low decentralized exchange fees, giving users incredibly competitive transaction rates.

The recently implemented support for both staked liquidity pool earnings and yield farming rewards users on CremePieSwap with not only high APRs but also trading fee discounts and a wider range of Polygon (MATIC) products. By offering different ways to passively earn more coins, liquidity can be provided for a smooth trading experience for all users. Additionally, farming already earned tokens will earn users, even more, $CPIE, benefiting all parties involved.

Lottery

The lottery system for CremePieSwap will soon be implemented. Users will be able to participate in 2 lottery sessions a day for the cost of 1 $CPIE. There is no max limit for entries and the total used $CPIE for participation will be used as a prize pool. 4 digit correct tickets will receive 50% of the pot while 3 correct digits will receive 20% and 2 correct digits will receive 10%. The remaining 20% will be burned to mean that individuals who do not participate but hold $CPIE will see the value increase. A prediction market will also be available where users will be able to guess the price of the pairing between MATIC and USDT to earn a reward.

Marketing

CremePieSwap has taken an alternative marketing route to traditional Cryptocurrencies and has nailed a sponsorship deal with one of the greatest boxers of all time in Manny Pacquiao, who is not only an inspiration to his nation as a Senator of the Philippines but also a future hall of famer for his accomplishments in the ring. Expect future promotion leading up to Pacquiaos main event with current World Champion Errol Spence Jr take this space by storm.

As the world gets accustomed to the inevitable financial changes within our world, CremePieSwap looks set and destined to acquire a fairly large market share.

Topic: Matics own Pancakeswap (Read 160 times)