DivsExchange AMA Summary with Decentralized Club ✔️

Dear, Community,

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

✔️Introduction with DivsExchange :👉

| DK | 🌿 | Never PM/DM First 🐞 Decentralized Club:
First question of Introduction…

Q1. Can you please introduce yourself and also tell us a bit about DivsExchange ?

Money Mike | Divs.io:
Hey there everyone I’m Mike founder at Divs.io

a little background on myself, For the past two years i worked for Palmpay.io as a Reginal Ambassador, I would work with businesses and merchants showing them how to use and accept cryptocurrency at the business with our Point of sales app. i quickly realized the trouble that the average person face when needing to exchange crypto and thats what inspired me to make Divs, an easy to use exchange but with a twist as we give the majority of the Fees back to the users who stake DIVS tokens.

| DK | 🌿 | Never PM/DM First 🐞 Decentralized Club:
Very Impressive 👍👍

Next question…

Q2. What is so exciting about DivsExchange that we should know about ?

Money Mike | Divs.io:
divs combines multiple centralized exchange into one easy to use interface and easy enough for anyone to use, what makes us special is we ditribute the exchange fees to our users who stake Divs tokens. .5% of the weekly exchange volume gets distributed to the stakers.

| DK | 🌿 | Never PM/DM First 🐞 Decentralized Club:
Cool 😎

Money Mike | Divs.io:
Some exchanges reward its users in their own currency (inflationary) only to discount partial exchange fees. To receive a significant amount of these tokens or trading kickbacks one needs to personally exchange large amounts of cryptocurrency, leaving only the wealthy to benefit from the rewards.

We created Divs.io to bring change to the industry by distributing the majority of exchange fees back to the users as weekly rewards.

This allows users to receive rewards based on the amount they have staked and the total weekly exchange volume. This game changing principle of rewarding users with the exchange fees not in our own currency along with other tokenomics like weekly buybacks then permanently locking it in liquidity will separate Divs from everything else on the market.

| DK | 🌿 | Never PM/DM First 🐞 Decentralized Club:
Amazing 👍👍

Next question…

Q3. Which are the most important achievements in 2020 for DivsExchange ??

Money Mike | Divs.io:
Unlike most we worked on our service first (the exchange) then our token and presale after. Over 2020 we continued to refine our exchange and revamped our entire website that just went live on the 2nd of this month while working on the staking and and presale contracts in the background, now everything has been audited, got our new website and Whitepaper up we are ready to rock out into 2021💪

| DK | 🌿 | Never PM/DM First 🐞 Decentralized Club:
Amazing 😎 It shows a lot of transparency

Last question…

Q4. Finally, any sneak peek into 2021 plans for DivsExchange ??

Money Mike | Divs.io:
After our presale this Saturday, we will provide liquidity on justswap locking it FOREVER, and staking will start no more than 2 weeks after the presale. after which we are a completed project but will of coarse bring more additions as we grow throught 2021 like integrate CMC API for live price feeds on our site and also integrate Justswap to our site allowing uses to exchange DIVS or TRON and visa versa. after which we will be bring a new V2 exchange widget. than A Mobile app in Q2 allowing you to make exchanges on the go or claim your weekly rewards with ease.
and much much more

| DK | 🌿 | Never PM/DM First 🐞 Decentralized Club:
Thank you @mikes_money_machine ,super insightful and very easy to understand.

🐧Community ask Questions by Twitter ✔️

| DK | 🌿 | Never PM/DM First 🐞 Decentralized Club:
Twitter question no 1.
Username : @PhuLe26224707

As i can see, DIVS has a “Token Holder Rewards” program. What allocations are provided for the program and how users participate in the Token Holder Rewards program? What a minimum $DIVS for holding to receive rewards?

Money Mike | Divs.io:
users can Buy and stake DIVS tokens to recieve the fees that come from the exchange as tron rewards. users only need to have there tokens stake before the distribution happens every week the more you stake the more of the reward pool you will have.

| DK | 🌿 | Never PM/DM First 🐞 Decentralized Club:
Twitter question no 2.
username : @cryptoenr1que

Why did Divs decide that the rewards given to your users would not be in DIVS tokens but in TRON? By offering rewards in your token you would not be encouraged to use it? why use, then, another currency for your rewards?

Money Mike | Divs.io:
great question! by rewarding users in Tron and not Divs this allows users to compound the divs position buy using their tron rewards to buy more divs tokens earning them more rewards for next week while creating positive price movement. or sell your tron without applying sell pressure upon your divs position

| DK | 🌿 | Never PM/DM First 🐞 Decentralized Club:
Twitter question no 3.
Username : @Alicewonder1202

❣ There are no sign-up or registration needed to use Divs, so how can we manage our funds with the platform, does it connect directly with the wallets? How are funds se ured whiel doing so?

Money Mike | Divs.io:
no funds are stored on the website like a normal centralized exchange. we use our API provider for processing exchanges with major centralized exchanges. This gives users the benefits of using multiple exchanges without the complexity, users only need to select what coins/tokens they would like to exchange, the amount, then send them to the provided address, our API provider will perform the exchange and send the coin/tokens to an address you provide. We use centralized exchanges for their large liquidity, speed, and variety of coins/tokens. This ensures users get the selection they desire at the best price, even on large trades as we search multiple exchanges giving you the best rate possible.

and your exchange is completed in 5–30mins.

| DK | 🌿 | Never PM/DM First 🐞 Decentralized Club:
Twitter question no 4.
Username : @HendriA11938225

How will the demand for $DIVS tokens increase in the future or What steps will you take to increase the demand? May I know how you plan to attract more business partnerships to your project?

Money Mike | Divs.io:
the Best part about Divs is that we can Scale, Divs integration services can provide other crypto projects and websites with the same exchange service directly integrated into their sites, even with their own look, feel and coins. This provides project owners with an onramp, driving users with other coins/tokens into their ecosystems with ease. Project owners can then buy DIVS tokens, stake, and generate weekly Tron rewards for their team or community. These integrations can give projects a consistent stream of Tron rewards, while strengthening the Divs ecosystem by generating more exchange volume and Tron rewards.

each week we are taking a portion our our own rewards to buy divs tokens every week on the open market then providing these liquidity with it and burning the LP token that way we can never remove the liquidity (this goes for the initial liquidity from the presale)

after the presale our Mission is to hit every defi project and integrate into their sites, any volume weather our website or others using our exchange, those fees go to all the stakers as tron rewards

| DK | 🌿 | Never PM/DM First 🐞 Decentralized Club:
Twitter question no 5.
Username : @Rosanela08

In Divs 0.5% of the total exchange volume is distributed to the DIVS token holders as Tron rewards. Considering that the volume is expected to grow daily, are DIVS minted as it happens? How do you avoid an inflationary scenario in this situation?

Money Mike | Divs.io:
Divs Tokenomics is based on a finite supply of 10,000,000 tokens, all of which will be circulating never to be burnt or minted again. This gives Divs scarcity and creates value as it becomes more rare over the long term. Creating DIVS with a finite supply made it so the staking pool would never dilute-out early stakers by inflation, or under reward later stakers due to deflation. This makes for a fair staking system rewarding users in Tron and not DIVS tokens, keeping DIVS finite while still being able to provide rewards. This allows users to sell their Tron rewards without ever applying sell pressure on DIVS or use their Tron rewards to buy more DIVS tokens creating positive price movement and generating themselves more rewards for the following week.

| DK | 🌿 | Never PM/DM First 🐞 Decentralized Club:
Thanks for the quick and prompt answers!

✍️ Telegram live Questions answered by DivsExchange ✔

বেইমান:
🔰Who is your target customers- professional traders or the one’s that are just getting started? Who can benefit the most from the tools that you are offering?

Money Mike | Divs.io:
I’d say divs is for both, Divs main purpose is to receive rewards at the end of the week so if you know you are only going to exchange say $1000 a week and pay $100 in fees for example then it would be a good idea to hold enough divs tokens to earn you enough rewards to cover the cost of the exchanges you did during the week. Users can benefit from this system by staking enough DIVS tokens to fit their needs. Those who make larger exchanges pay more in fees than those who don’t, therefore those who exchange more will want to stake more DIVS tokens to receive more Tron rewards at the end of each week. Staking enough Divs tokens could earn you even more in rewards then you are paying in exchange fees, making exchanges virtually free and then some.

Emi 💌:
Do we have to submit our KYC in order to be able to use the Divs Exchange platform? Is it a requeriment?

Money Mike | Divs.io:
Divs exchange needs NO sign up, login or KYC. we have no limits and believe you have the right to anonymity

Mx_soykot💯:
Typically, investors buy tokens that are likely to increase in price in the future. I saw that, total supply of the token is huge.
So, do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?

Money Mike | Divs.io:
we only have a 10mill supply and will remain finite, with deflation comes price volitlity over the long term, we are looking for price stability and scarcity over the long term and as stated before by minting or burning this would not be good for the staking pool diluting out early or later investors

💘sintixsd💘💫:
Could you list some of your most advanced features that we have not seen on the market before? What kind of additional input does Your project have to already-existing solutions on the market?

Money Mike | Divs.io:
what we done is tokenized the fees from an exchange, something that hasn’t been done, and for the first time the users are virtually the owners as the earn the fees from the exchange

Grace_el:
Can you tell me what is the main purpose of the $DivsExchange platform to get your project bigger than any other project? and what are the special advantages of using DivsExchange with other competitors?

Money Mike | Divs.io:
yes because our exchange can be integrated into any website, we can expect to see the Divs exchange located across websites all over the crypto space, making us scale with volume, rewards , and overall adoption

| DK | 🌿 | Never PM/DM First 🐞 Decentralized Club:
Thanks for the quick answers

Yeah..DivsExchange will fire to the crypto world 🔥

✔️Thanks to all of our Community Fans✔️

Have a Great Day

Edited by : 🌿DK✍️

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