AMA Recap GreatDrop with FENIX FINANCE

6 min readDec 24, 2020

Hello GreatDrop community,

On 24th December, at 12:00 PM UTC (19:00 WIB), we just successfully hosted our 18th AMA with FENIX FINANCE. With our guest from FENIX FINANCE team:

Michael, COO
Harison, CMO

Many of you might have participated or many of not, So here we are up with the AMA transcript for those who missed the AMA session.

Introduction Questions Asked By GreatDrop Team

Q1: 1.Can you introduce yourself to the community?

~Harison

I’m CMO at FENIX FINANCE, chief marketing officer

Manage and organize the marketing and grow the community,
I work about 4 years in crypto, I’m a Business Manager and Communications Manager and I worked on some companies and gained a lot of experiences.

~Michael

I’m COO at FENIX FINANCE, Chief Operating Officer.

Optimizing financial systems,
manage and organize the marketing and development activities in the project.

My crypto experience is 6 years,
blockchain researcher, Industrial Engineer & auditor.

Q2: Can you briefly describe what is FENIX FINANCE ? and what makes FENIX FINANCE different from other competitors?

~Harison

FENIX FINANCE Is The First Cryptocurrency Project That Aims to Solve Largest Issues In CeFi & DeFi.

FENIX FINANCE Wants To Create a New Version Of Crypto Exchanges That Has The Ability To Support Two Network (ERC20-TRC20).

We are looking for the best possible way to reduce fees and the easiest user interface.

Okay, I have one question regarding the Networks.
As we can see, Fenix Finance supports more than one Network, namely ERC20 — TRC20. What are the reasons for having two networks and what do you want to achieve?

~Harison

Ethereum have some problems include low speed, high fees at the moment

Both Networks erc20 and Trc20 have their unique Property

Erc20 advantages

Uniformly.

Confirms the transaction more efficiently.

Reduce the risk of contract breaking.

The function implemented in ERC20 helps the web client to interact with token and blockchain more efficiently and fast.

Trc20 advantages

Uniformly and fast transaction,

High network speed,

Low fee,

We have chosen two networks to make it users easy to work

Ethereum problems will be solved as soon as possible.

Q3: Mention the reasons, why choosing FENIX as an investment? What are the long-term benefits to be gained?

~Harison

❇️ Fenix swap
❇️Staking/farming pools
❇️ 70% lock liquidity forever.
❇️ Smart contract audited.
❇️ Secure presale platform.
❇️ Voting

And could you share some information to our community about the presale? 😁

⚡️ $FENIX PRESALE ANNOUCEMENT ⚡️

We are officially announce our #Partnership with @LidProtocol.

Fenix ($FXF) pre-sale has been set for 25 December at 10:00 PST on the Lid platform. 🔥

Introduction :

LID Certified Presale offers the most secure method for new projects to do Initial Liquidity Offerings in the DeFi space. LID Protocol deploys automated, non-custodial smart contracts that trustlessly lock liquidity raised through LID presale dApps.

— — — — — — — — — — — — — — —

💰Presale Information:

🔸HardCap: 1000 ETH
🔸SoftCap: 100 ETH

🔸Min Invest: 0.1 ETH
🔸Max Invest: 30 ETH

— — — — — — — — — — — — — — —

💬Token Distribution:

🔸Presale : 30%

🔸Liquidity (FXF/ETH) : 15% for ever

🔸Liquidity (FXF/Lid) : 6% for ever

🔸Marketing : 5%

🔸2nd Marketing, Farm : 30% (Unlock 10 months)

🔸Team :13% (Unlock 10 months)

🔸Lid : 1%

— — — — — — — — — — — — — — —

💭ETH Distribution :

🔸Liquidity (FXF/ETH) : 50%
🔸Liquidity (FXF/LID) : 20%
🔸Dev: 25%
🔸LID: 5%

— — — — — — — — — — — — — — —

@Lidprotocol Presale Calendar,

⚡️Premium launch #FenixFinance

25 December

⚡️Our presale is tomorrow

Q4: Could you please mention about the top milestones and objectives that FENIX FINANCE is aiming to execute ?

~Harison

Yes, sure
We will launch our first farming pools in the coming days,

Our own Staking Platform (Under development)
Will be announced Q1,2021.

Our main focus in the second part of 2021 is the introduction of Fenix Swap (decentralized exchange).

In the next step, voting plans for update 2022 Roadmap.

Questions Asked on Twitter For FENIX FINANCE team

Q1 from @Rahul17567317
Why did you decide to run the presale using Lid Protocol? Is it a safer and easier way for FENIX FINANCE? Does this mean that you have to pay commissions for the funds collected?

~Michael

Our Presale partnership is @Lidprotocol

Lid will help us in the presale process, lock liquidity (Immediately)

You can see Lid licenses here :

Liquidity Dividends Protocol solves the issue of Uniswap exit scamming by using standardized non-custodial presale smart contracts that lock liquidity.

The Liquidity Dividends Protocol has developed new technologies for securely depositing liquidity generated via presale into Uniswap. The goal is to license this technology out to other projects which will end Exit scams.

Our Presale has been set for 25 December at 10 PST on the Lid platform,

Presale Informations:

FENIX FINANCE | Announcements

⚡️ $FENIX PRESALE ANNOUCEMENT ⚡️ 🤝We are officially announce our #Partnership with @LidProtocol. Fenix ($FXF)…

t.me

Q2 from @Lopyou54804819
FENIX FINANCE which is the first cleanup project to use DeFi ~ CeFi on the ETH & TRX blockchain.
In this way, FENIX FINANCE passed the highest level of security.
Q. How can you claim that your project is safe? Has anyone audited the safety of your project?

~Michael

Sure,

Our smart contracts have been checked with several platforms, no bug

Our third party audit provider will be announced soon,
One of the best & popular platforms. 🔥

Security is the most important issue for us.

Questions asked by our GreatDrop community members during live Session to FENIX FINANCE team

Q1 from @jasonjablay
Do the token holders have right to participate in the governance of the project? On what kind of decisions can they vote on about the project?

~Michael

Yes, that’s right

Our token holders can choose the future of the project

Like: development, security services, campaigns.

Our voting platform will be announced in the near future, stay tuned.

Q2 from @Accjafar
What coins can be swapped on Fenix Swap and how do you manage these coins on your platform at a low cost with a stable speed so that users can easily swap on the platform you provide?

~Harison

We’ll list tokens on our Fenix exchange according to the vote by holders

Fenix exchange will work well We provide 24-hour-support

Our more focus is on Fenix Swap at the moment.

Q3 from @lzamg
Many of the decentralized exchanges being released currently are in some way copies of Uniswap. So what are the advantages of Fenix Swap that other decentralized exchanges can’t offer? Can you list the most outstanding features?

~Michael

In general, we are not uniswap clone, we provide new features for users,

Our decentralized platform supports ERC20 and TRC20 at the same time,

I do not think exchanges like Uniswap and Sushi Swap have this feature,

AMA Recap GreatDrop with FENIX FINANCE

Introduction Questions Asked By GreatDrop Team

Questions Asked on Twitter For FENIX FINANCE team

FENIX FINANCE | Announcements

⚡️ $FENIX PRESALE ANNOUCEMENT ⚡️ 🤝We are officially announce our #Partnership with @LidProtocol. Fenix ($FXF)…

Questions asked by our GreatDrop community members during live Session to FENIX FINANCE team

Here are some important links of FENIX FINANCE:

Written by Greatdropcrypto