AMA with ClarkSwap

Decentralized Club
5 min readApr 19, 2021

Welcome to the recap of our AMA with ClarkSwap!!

Our vibrant and enthusiastic community had a lot of questions to ask. To those who want to know quickly what ClarkSwap is about, we are sure this recap is gonna help you. So without further ado, continue reading.

Introduction with ClarkSwap

HARSH | DecentraliZed CluB:

Welcome Ronald Michael, kindly introduce yourself!

Bose Dev:

My name is Ronald Michael from @ClarkSwap and @Bose_Finance Im the lead Dev for the two projects.

For your information ClarkSwap and Bose Finance are listed on Pancakeswap

ClarkSwap: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xa882Fff751B2C9fDBfDdf6De732aBa6B0F0b3887

We listed 1 day ago

HARSH | DecentraliZed CluB:

Q1. Can you please tell us firstly why ClarkSwap? What made you come up with this project?

Bose Dev:

ClarkSwap is an app that users can Buy,Swap,Stake,

Trade & HODL multiple Crypto.It is Your Secure,Dynamic,Reliable Crypto One Stop App

The ClarkSwap Token is a deflationary utility token on the ClarkSwap app.The token has a 7% tax. 4% for auto buy back and burn.3% auto distributed to HODLERs for every transaction

HARSH | DecentraliZed CluB:

Q2. Can you talk a bit about which current businesses is benefitting from ClarkSwap ?

Bose Dev:

@Bose_Finance is the biggest beneficiary of ClarkSwap.$BOSE Hodlers will receive an airdrop in proportion to their Hodlings.From ClarkSwap we are going to buy back and burn $BOSE tokens.

HARSH | DecentraliZed CluB:

Q3. From the perspective of investment how is owning ClarkSwap Tokens beneficial?

Bose Dev:

This is a deflationary token Sir.The 4 % buy back and burn keeps pushing the supply down while increasing demand and price. Hodlers receive 3% rewards of every transaction during buy and sell of the token

HARSH | DecentraliZed CluB:

Q4. What is ClarkSwap gunning for further in 2021?

Bose Dev:

We will keep innovating,marketing and ultimately we want the ClarkSwap app to go live as soon as possible!

Community ask Questions by Twitter

HARSH | DecentraliZed CluB:

Q1 : Can you tell us some of the goals you’re looking forward to accomplishing the most with Clark Swap ?

https://twitter.com/rubenedraza/status/1381970913747300354

Bose Dev:

Alright.Good question

The biggest goal is to have the ClarkSwap app in place soonest.That’s our main goal.That comes with high returns to ClarkSwap investor since the token will become adopted as the main token on the ClarkSwap App

HARSH | DecentraliZed CluB:

Q2 : Each project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop a great project like your?

https://twitter.com/FrendMayte/status/1381970857992413186

Bose Dev:

We want to keep the image and purpose of Crypto — Trust and freedom from the oppression that fiat has had on people.We promised we will list ClarkSwap and we did.We have communicated every step we take to the community in an open and transparent manager.We promise we will continue to do so.

Together let’s kick out scammers and rug pullers and all evil people from Crypto and let’s keep the image and purpose of Crypto intact.We cannot destroy something that was made to build all of us by allowing a few greedy people to bring the mess.We the majority of good people can do it and we will do it!

HARSH | DecentraliZed CluB:

Q3 : What are the benefits that Clark Swap really brings to the community? What is the motivation for the project development?

https://twitter.com/AirynLove/status/1381970763675131917

Bose Dev:

Huge returns for ClarkSwap token investors,an app that gives users an option to buy,trade and stake Crypto at very very low transaction costs.

Transparency and trust to ClarkSwap Stake Hodlers!

Community ask question by Website

HARSH | DecentraliZed CluB:

Q1 : The cryptocurrency market is increasingly competitive, when many projects also change to BSC instead of ERC and users have more choice to invest. So what is your unique “selling point”? and how will ClarkSwap take advantage of it?

Telegram Username: @abujoans

Bose Dev:

Q1 : The cryptocurrency market is increasingly competitive, when many projects also change to BSC instead of ERC and users have more choice to invest. So what is your unique “selling point”? and how will ClarkSwap take advantage of it?

Trust and Transparency remains our Key thing.If you check all other projects you will discover most of them share the same technology but most of them are run by greedy untrustworthy people.

We do not ONLY bring immense benefits to stakeholders but we of priority keep the trust and transparency which was the main idea of Behind blockchain and Cryptocurrency

HARSH | DecentraliZed CluB:

Q2 : In your model, A 4% fee is automatically added to ClarkSwap’s liquidity pool, locked forever, which increases the liquidity pool. Does this mean you do not need LPs within your liquidity aggregation model? Have other methods been created that are used to increase liquidity pools?

Telegram Username: @TheShadowJK_1

Bose Dev:

This is actually 4% buy back and burn not liquidity addition from our published contract.Liquidity will basically come from investors.

HARSH | DecentraliZed CluB:

Q3 : One of its most innovative and attractive products is its Crypto One Stop application, built in BSC, which favors the solution to the issue of high transaction fees, but within its functions it is not possible to carry out P2P transactions? Or incorporate CEFI into the application? or do you prefer to keep your essence only in DEFI?

Bose Dev:

It is possible to do P2P transactions on the ClarkSwap app.Binance has that option and so any other project/app running on BSC can implement it!

Telegram live Questions answered by ClarkSwap

Q1 from Raat Chale:

Are you a global project or local project? Are you planning to promote clark project in different countries, where English is not good? Do you have a local community for them to better understand your project?

Bose Dev:

Global Project.At the moment we have one English community.Looking forward to establish more as the project grows

Q2 from Yudasagara:

In the ClarkSwap application there is a “Crypto One Stop” feature.

What’s so special about that? is it easy to use for beginners?

Bose Dev:

Very easy.The interface is like ABCD

Q3 from Smart Boy:

Can you share with us Your plan for 2021, what are you currently working on, and are you going to expand the list of top 20 exchanges?

Bose Dev:

Check out our Roadmap https://www.clarkswap.org/#roadmap

Q4 from ɪᴛ'ꜱ ᴍᴇ ᴘʜɪʟɪᴘᴘ⁩:

Aside virtual utility, are there upcoming plans to integrate real life use cases?

Bose Dev:

Yes.ClarkSwap token will be available on the Bose Refill app of our sister Project Bose.Finance

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Decentralized Club

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