Boltr AMA Recap

PolygonDaily hosts Boltr: #protocol #Boltr #yieldfarming #PolygonDaily #Polygon


Polygon_Daily Admin: Hello and welcome, how are you today?

Liam: So far so good.

Polygon_Daily Admin: Happy to hear! Ready to start our AMA?

Liam: Yes. I’m ready for that.


Q1: Now to start the AMA, please have a quick introduction to the community. What is Boltr and its ecosystem?

Liam: Before going deeper into the AMA session. Let me introduce myself. I am Liam, one of the representatives for Boltr Labs in this AMA session.

Boltr is the name of this project including 3 different ecosystems which is Boltrswap, BOL, and Boltrfarm.

Boltrswap is the decentralised exchange and AMM protocol inside Boltr ecosystem.

BOL is the governance token inside the Boltr ecosystem.

Boltrfarm is the yield farming platform inside Boltr Ecosystem.

Boltr aims to be one of the metaverse-gems finder for community inside the Polygon POS Chain Network.

Q2: Can you tell us a bit about the team and their experience with crypto projects?

Liam: The team behind Boltr is Boltr Labs. Before involving with Decentralised Finance, we are a team of developers community who really active on the contribution and development project based Peatio Open Source CEX engine.

Currently, Boltr Labs owned 7 members across different country. Boltr Labs is open for any developers to join the NFPO for the development of any Blockchain-related project.

Q3: What is Boltr and its ecosystem?

Liam: Boltr is the name of this project including 3 different ecosystem which is Boltrswap, BOL, and Boltrfarm.

Boltrswap is the decentralised exchange and AMM protocol inside Boltr ecosystem.

BOL is the governance token inside the Boltr ecosystem.

Boltrfarm is the yield farming platform inside Boltr Ecosystem.

Q4: Let’s talk about your token. Tokenomic, use cases of $BOL.

Liam: BOL is the governance token inside Boltr Ecosystem (Boltrswap and Boltrfarm) comes with 250Million max capped supply.

The tokenomics of the token can be seen in here:

https://boltrswap.gitbook.io/boltr/boltr-documentations/tokenomics
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The use cases of $BOL.

1. Governance token for aggregating the AMM protocol inside Boltrswap and Boltrfarm.

2. Medium of ads Purchase for upcoming project:

– OnApp Gas Station.

– Boltr Pro

3. SEED

As we are making some transition from other blockchains to Polygon in purpose of exploring Metaverse. We will come up with a new ecosystem of seeding $BOL in a Metaverse realm for brokerage virtual asset. (Only NFT project that requirings a VR)

Q5: How secure is Boltrswap?

Liam: 

1. Boltrswap is being audited 3 times for our contract previously in other Blockchain network as we all can trace it in here:

https://boltrswap.gitbook.io/boltr/boltr-documentations/security-audit

and we are going to use the same contract code for Boltr in Polygon

We are very confident to say that Boltrswap and BoltrFarm is 100% #SAFU.

2. After making some deeper research on Syrup Pool Contract (copyright Pancake), we decided not to deploy this ecosystem for Boltr due to certain issue that already happen to the known cases of sushi attack and the latest one is cream finance attack.

3. In order to keep the community #SAFU situations, we decided not to deploy this ecosystem.

Q6: Do Boltr Labs will create more contract for Boltr in other Blockchain?

Liam: No.

We launched Boltrswap, BOL, and Boltrfarm in other Blockchain before with a fair launch started from 0.00028 USD and it spike to 0.03 in a month and currently stable in 0.01 USD – 0.02 USD. After making some deeper research on Polygon, we decided to create contract on Polygon and maintain with it; due to certain factor that Polygon is one of the best blockchain that ever built especially its POS Chain and Polygon has became one of the hub of Metaverse project. So, to make it simple, we will become premier in Polygon in order to be one of the metaverse token hub based polygon network.

We also would like to congratulate BLOKTOPIA (BLOK) for being one of the most successful Metaverse project in Polygon and Good Luck to MetaverseProtocol for their upcoming launch as virtual brokerage in Metaverse Realm.

Q7: What is the status of the project? Is there any progress?

Liam: The status of the project.

It’s going to go live in Polygon by today or tomorrow starting from 14:00 UTC today. Right now our team is making another stress-test to the platform alongside with auditor in order to confirm that there will be no double-spending occur in our contract before published it to the community?

For Boltrswap on the other blockchain, it’s already live since 3rd Oct 2021.

And we are in a transition phase between Polygon and that other blockchain.

Q8: Where can we find out more about Boltr on social media?

Liam: Currently, Boltr’s social media only exist on Twitter and Telegram:

Twitter: https://www.twitter.com/boltrswap

Telegram: t.me/boltrswap

Facebook: Coming Soon (only limited to paid advertisement post for promoting Boltrswap)

and we also active on medium for new farming announcement and coinranking forums.


Polygon_Daily Admin: With this, we are now at the end of our AMA session with Boltr.

Time for wrapping up, any last words you would like to say to our community?

Liam: Thank you for your time. Let’s chit chat again on another session. maybe AMA through VR in Metaverse is the best option.

those who have skills and want to be part of Boltr Labs may send proposal to [email protected].

Polygon_Daily Admin: Thank you so much for spending time with our community & all the very best for Boltr.

Source : cryptodaily.io

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