Hey guys, what's going on? Happy Tuesday. You know, super excited to be here. Today we got a special guest in the building.
I'm sending you invite to speak please accept it make sure to be on your phone
and we'll get it started.
Yeah, I'm Renjo. Make sure to...
make sure to accept the invite to speak so we can get it started. Hope everybody's well.
All right, so we are waiting on our, our Mrenda CEO of Ampleswap. He is going to just accept real quick. We're just figuring out some stuff.
All right, so yeah, we're just waiting on I'm rendra to figure out the situation again. We need him to be on the phone. So just bear with us and we'll get us started soon.
Alright guys, just give us a couple seconds. Hopefully we should be able to fix the situation so just bear with us and we'll be live soon.
Alright guys, we're trying to figure this out. If we cannot figure this out, we're just going to have to reschedule. So apologies for this. Just give us a few more minutes until we, until we get a chance to work this out if not, we'll reschedule. So bear with us. Thanks.
All right, so just give us, we'll give it four more minutes. If we cannot fix it, we will reschedule for another day. So yeah, we'll give it four more minutes and if we can't figure it out, we'll just postpone.
Hey, I'm Ranger. How are you? We can hear you. Stability. I was I'm not very experienced in with I'm using laptop and I was not knowing because earlier we were doing on telegram. Amen.
Yeah, yeah, very good, very good. All good. Thank you, Amrendra for for for being with us. I appreciate it, man. Let's let's get it started, right? So no, tell us a little bit more about you yourself and your background.
Did you, did you hear me?
If you let me close my laptop.
Yeah, yeah, can you hear me? Yes, can you hear me, I'm Ranger. Yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah#
So, my name is Amrind Missa and the founder of Ampholstware. We are based in Noida, Noida is in Delhi and Sierra, India based company and we are current size of the team is 6. And we started Ampholstware with October 2021.
Before, we were also running another decentralized exchange that was in order to model.
have you heard about like e-fund delta, idea, fond delta, those kind of exchanges then things have changed like AMN came, you need
have came and the ethereum gas fee was also very high. So, we move to a m m and then we launch in b and b chain because ethereum gas fee was very high.
So we are running since October 2021.
Nice. Okay. No, that that that's awesome. So when did you guys create ample swap? Like what? Yeah, when when when did it come about?
So we launched it October 2021 and we were into crypto industries 2018, 2018 when we were involved in, we were into software industries last year, we were doing software development
and then in 2018 we came to know about crypto then we launched one project and slowly then we moved to decentralized exchange, order book model like E-SAT or data of the idea. So, we run for quite some time and then
some there have been some technology changes like people have moved from a from the order book model because order book model there are a lot of limitations when you have to deposit token crypto then you have to place order then you need to
order bus will pay for 13 blocks then one to cancel order that also charge gas fees. So I don't basically it's a costly thing to you order book and that time order book model was the only model and the market size of decentralized
very small, only very few players like Ether Delta, IDX and a few other players. Absolutely, absolutely. So for those that don't know what is the aim for Swap?
So, AMP also happened, AMM does on BNB chain, AMM is automated market maker and because it help to consolidate liquidity in decent in in order book model user need to place order and then when order will come then the
price can be the order can be executed. AMM is a is a is a revolutionary technology which is which a enable which help decentralized exchange not a lot of ready centralized even even these you see centralized exchanges also have to have some sorry if you go to Binance and you see
people are more people are using convert from one token to one other instead of going to market and place buy sale order or include buy sale order because here you get large liquidity. If you go to pancake swap and you try to sell 1 million dollar worth cake you will not you will only see 1% slippage.
1 to 2 percent, 3 percent maximum because of the liquidity and AMM you see a large liquidity. It helps to consolidate because user are rewarded to add liquidity. So, this is changing the entire industry.
God, you know, that makes perfect sense. What makes what are some of the key features of ample swap?
know, I guess what kind of makes, yeah, just go over some of the key features that, you know, Ampleswap has on their on your devices platform.
So technically speaking we do not have something which is very unique because technically like we go to pancakes, we go to the units we all have the using the same technology.
But the thing is like market because these centralized exchanges when you are going to centralized exchanges you are giving control to the you are giving money to the centralized exchanges things are changing and what what the the main thing about Ambulance
we have very prompt support system. User have any issue they can just go to a telegram, just ping us and we are available 24/7. So support wise we are doing but technology wise, technology wise we are
It's not something we are doing something different Absolutely so tell us a little bit about about ample. I know you guys have ample Yeah, so tell us a little bit more about that
So, ample, ample is a reward, because it to encourage user to add liquidity, because liquidity is the backbone of any AMF, because once you have liquidity trade happens to encourage user to motivate user
to add liquidity we have a firm yield firms and pools and in yield firm and pool ample is a reward token. So we give ample as a reward token to our users. So ample is a main token
Would say help to grow Apple Apple swell. Gotcha. Okay. No, absolutely. And then, you know, how does it integrate? Is it releasing? Has it dropped already anything like that?
Basically, we launched Amplifier in October 2021 when the market was peak and everyone was performing very good and we launched Amplifier in peak time.
So even if you see pancakes were around $40, $42, every token was 10x or something. So we also struggling to survive the price.
No, that's what's up. So, no, and then tell us a little bit about our partnerships. So we recently partnered up together. Tell us how that came about and tell us a little bit more about that.
We are extremely happy to have partner slide the best and we have planned a lot of activities in coming months and because technology wise will have a lot of things. Currently we have sort of yield form for ZBC, BNB, LP to earn ample.
directly go to amposewap and can add liquidity on the ZBC, PNB and they can stake LP to earn ampose. And depending upon liquidity will keep increasing our APR. So it does not mean that current let us say
have current liquidity. So the said people add more liquidity will keep increasing IPR. So we have we can maintain as many users. Absolutely. No, I think I think you guys are doing awesome. And then I mean, for obviously you were halfway down
through the year. Tell us a little bit more about your guys' plans for the rest of 2023. Yeah, technical team is currently working on ETS because ETS gas is coming in now and nowadays ETS gas is around 30
So, which is which is okay and so team is working on ETS. So, probably this month or this month will be launching on ETS network and then apart from ETS network, it may also working on launch bed launch bed like pink sale will have also
a launch pad in 2023 and and and also lending marketplace is proposed for the 2023 lending marketplace. Gachu, no that that that's what's so hopefully we can see the lending marketplace coming soon.
But yeah, I mean, man, that's pretty much all I have. I mean, anybody that's listening to this, you know, right now or after when it's super early here in the state. So once people, you know, listen to this again, feel free to hit ample swap up. I'm Rendra again, hit him.
up if you guys have any questions regarding the protocol, definitely go check them out. We have our farm over there. They just hosted us, hosted it for us. So if anybody wants to be a part of that, definitely go check them out. I'm Rendred. It's been any last thoughts before, before we close it out.
How the cost of the community has any questions right now? I'll get you on here. But while they ask, I read any last thoughts.
I think it's let's start with the ability questions that would be better. Yeah, yeah, I mean if anybody raises their hand, we got to. Okay, okay. Yeah.
So yeah, for weekend, we can continue. Yeah, I mean, again, if nobody wants to ask any questions here, that's fine. Feel free to go hit. You know, Twitter account.
And he'll answer from your guys as well. Thank you. Thank you very much. Awesome. Yeah, I'm Render. Any last thoughts, anything you want to say before we close it out? Because it seems like nobody wants to ask any questions.
So, let us let us we have lot of things to do. So, we will have lot of an AMAs. So, we can
Yeah, yeah, no absolutely. All right, I'm rindra then thank you again so much for joining man. I really appreciate the time again anybody that's listening right now feel free to go ask them any questions on on their
on their Twitter account. They're super dope people and they're you know they'd be super happy to answer any questions you guys might have. So again I'm Rendra thank you for joining and we'll talk soon alright man.
Thank you very much for having me here. Absolutely man. Have a great day. Bye bye guys. Thank you. Bye bye.