AMA with Bikini Finance

Introduction segment

auria:
Q1. Can you tell us with what goals did you came up with the idea of Bikini Finance ?

Mitch Buchannon:
Bikini Finance is focused on building an all in one multichain DeFi ecosystem, featuring an Automated Market Maker, high yield farming, yield aggregation and optimization, NFT marketplace and many more new developments to create a complete decentralized experience for investors. We came with the idea alongside defilaunch.finance incubation team. We want yieldfarming to be safe and to be more sustainable. The platform will be unique and the token will be as well. Done.

auria:
Q2. Can you elaborate on how it will be a complete multi chain Defi ecosystem?
@MitchBuchannon

Mitch Buchannon:
Once a Chain is consolidated. BIKINI together with the incubation help of defilaunch.finance will continue its path to the next chains achieving developments that are attractive to investors. The focus will always be on investors. done

auria:
Q3. How are the holders rewarded by holding $BIKINI token and how do we acquire it ?

Mitch Buchannon:
General
Name : BIKINI Token
Ticker : BIKINI
Chain : Binance Smart Chain (BSC)
Contract address :
Max supply: 20.000.000 BIKINI
Emission rate
0.5 BIKINI per block. The emission rate can be adjusted in the future based on the APRs of farms and pools to get them attractive. The maximum emission rate is fixed into the Masterchef contract to 2 BIKINI per block. Presale will be in defilaunch.finance. We hope you are all ready!
The emission rate will be reduced progressively while $BIKINI price will raise.
Plus a 10% of the emission rate send to the treasury address to fund the team, fund marketing, fund airdrop contests and further partnerships. DONE

auria:
Q4. What is more planned to be achieved by your team in the remaining part of 2021 ?
@MitchBuchannon

Mitch Buchannon:
Here is our Rodmap. Check it out. We also remind you we have developed an awesome Referral Earnings System 💰
The Real Passive Income is now in BIKINI!
A referral system will be in place with $BIKINI. You will get a link to share with your friends on your referral page.
You will earn an extra 2% of each friend reward from farms and pools if they use your link to start farming at Bikini Finance.
This system is automatic, no action is needed from you! The reward will be sent automatically each time your referrals collect their $BIKINI. Real passive income!
Referrals do not lose 2% to his/her referrer
Instead, the MasterChef smart contract will mint an extra 2% and send directly to the referrer. Done

Twitter segment

auria:
Q.1) Most of the new projects are only for short term profit/how will you assure a beginner & like me that your are here for long term and not looking for Short term profits for someone who wants to invest for long term,??

Twitter question from
@MamSaheb

Mitch Buchannon:
We are going to give new developments to investors and the token. The projects are currently short-term because they focus on marketing and not development. Investors must be given new tools and new communities must be attracted.
Defilaunch.finance is on boards with us consolidating new developments and investment strategies. Be ready. Bikini is coming. done

auria:
Q.2) What are some of the unique features of the Dapps and when should we be expecting their Launch? Talking about your incubator and launchpad services, when should we expect it to be fully functional, and what sort of assistance will you offer projects who sign up?

Twitter question from
@jennyjazz10

Mitch Buchannon:
For example lets study the Bikini Vaults: Bikinis vaults allow users to deposit LP tokens or single asset tokens, and earn more of what you deposited, and BIKINI on top of that!
A vault is a smart contract strategy that uses an algorithm that is programmed to automatically take the multi-step process of auto-compounding your assets. To give you an idea of how they work, traditionally users add LP tokens to yield farms, and are rewarded with a reward token.
Compound on the single assets will harvest the pending rewards, sell only the amount required based on the fee structure, and redeposit the majority of the harvest.
Bikini vaults reward users with auto-compounded rewards that are much higher than the non-compounded rewards offered by yield farms themselves. This saves users time, gas fees, and protects their gains. Done

auria:
Q.3) What is the ultimate mission that BikiniFinance trying to achieve in crypto field? Obviously crypto market will experience huge growth in upcoming years, so which role would you like play in this game?

Twitter question from
@tuan_iker

Mitch Buchannon:
Our mission: CLEAN BEACHES FOR EVERYONE
Why clean beaches for everyone? BikiniFinance is strongly committed. We are true beach lovers and we know that actions are more powerful than words. We are committed to saving the beaches around the world, so join us to help us clean them, so that we can all enjoy wearing our bikinis! You can follow us on Twitter and join us on Telegram and never miss our announcements. https://medium.com/@bikinifinance/clean-beaches-for-everyone-9592efbdbf36 Done.

auria:
Q.4) You recently announced your partnership with berry Bata , could you tell us a little bit about the basis of this partnership? What benefits will this relationship bring to the project? How will berry Bata promote Bikini finance 👙 ?

Twitter question from
@jennyjazz10

Mitch Buchannon:
https://medium.com/@bikinifinance/new-partnership-with-berry-data-dfcebd084d6c BerryData works as an oracle and they will help us with price oracle and to reach new comunities. They have a HUGE community. We are also going to announce new Partnerships this week! Be ready for The ama with BerryData and be ready for launch in defilaunch.finance. done

auria:
Q.5) Is your project a local project or a global project ? Can anyone use your services from anywhere in the world? Is there any restrictions of using your service?

Twitter question from
@Ibrahem24254134

Mitch Buchannon:
There is absolutely no restrictions. This is DeFi. This is a community driven project and the community is the owner of the project. We aim to be a global project with communities all around the world! Be ready for the bikini global expansion. Be first, Be quick. Done

Live segment

1)ALBERT:
So Bikini finance is going to have its presale on November 21. But can you tell us why you chose defilaunch for your project incubation? What are the marketing strategies and ways you are going to promote Bikini? When can we expect the launch of your website?

Mitch Buchannon:

Presale is coming in defilaunch.finance. Check out the new marketing campaings in all the defilaunch.finance marketing partners like Dappradar, Dapp, Cryptonuts, BSCnews. BIKINI WILL BE HUGE.

2)M 24:
Your project has great features.✅✅

Do you have an AUDIT certificate or are you working to AUDIT your project to make project security more secure and reliable?

Mitch Buchannon:
We have made the Audit with CERTIK. The best audit company in all DeFi. They have approved all our contracts.

3)Ayesha:
Can you discuss your liquidity pool fund of your $Bikini project?

Mitch Buchannon:
Create LPs through the ZAP!
Through the ZAP function integrated in the platform addind liquidity is simpler and faster than in any other place.
You can choose any token or LP and instantly buy the LP, automatically addind liquidity to the pool.
Adding Liquidity the traditional way
If you have the tokens for an LP and don't need to use the ZAP function, Bikini finance allow you to provide liquidity by adding your tokens to liquidity pools.
When you add your token to a liquidity pool you will receive Liquidity Pool (LP) tokens.
As an example, if you deposited BIKINI and BNB into a liquidity pool, you would receive BIKINI-BNB LP tokens.
The number of LP tokens you receive represents your portion of the BIKINI-BNB liquidity pool.
You can also redeem your funds at any time by removing your liquidity.

4)Feray furnense:
How can I join in your "Clean beach for everyone" to save beaches??

Mitch Buchannon:
Be ready in defilaunch.finance Participate in BIKINI presale and watch the donations to save the beaches all around the world.

5)$ Nancy $:
Is Your platform suitable for crypto beginners? Or dose it only limited for professional users?

Mitch Buchannon:
Our platform is for begginners and also for defi experts. We have a complete communication team in charge of communicating the investment strategies for users. Our goal is for you to make money! Be ready in defilaunch.finance !