JP: The idea of Vswap is to allow everyone in the community to share dividends in the blockchain era.2021–02–15

Well, where we start, today I will give some general aspects presentation about Vswap and works we have done before and will do after.

I will finish the speaking quicker, so we have more time for questions.

I am very happy to be invited by volunteers from the community to share our concepts and project structures with Chinese community leaders in this way.

The entire founding team of Vswap now is working hard on development and online debugging.

I also announce an exciting good news to everyone here.The total number of users of the Vswap DEFI ecosystem has reached the top 10 level of the current world DEFI project and this has only passed two weeks to reach this level.We believe that in a very short time, Vswap will become the successful star project worldwide.

In this short presentation, I will first share the technical part progress, and our understanding about blockchain and defi.Know how and why we build up Vswap and how far it will go, the overview will provide to our community so in the future, community will understand our purpose go with us.

I will systematically elaborate on the vision and philosophy of vswap, as well as the development and construction plan.First of all, we know that blockchain technology is developing vigorously, especially in 2020.

After several years of exploration and experimentation, defi technology has made rapid progress on various blockchains.Important functions such as decentralized transaction methods,Deposit loan,Lightning loan,Valut, aggregators..and decentralized wallets are gradually being accepted by the market and users.As an early participant in the blockchain industry.

We are very pleased to see that the industry is gradually recognized by the world,but at the same time we have found many obstacles to overcome, and the connection needs to be improved and reconstructed.

The history of the blockchain is not very long.It has only been more than 10 years since Satoshi Nakamoto and his assembled development team founded Bitcoin. Evolution has been happening all the time.This technology and the governance concepts derived from it are still under constant experimentation and optimization.

Take BTC as an example. I think everyone in this group know BTC right?The essence of the btc network is to keep accounts of its own transfer records and generate rewards from it.The value of btc recognized by the market today is not its technical value,but because the community recognizes BTC’s value.It is caused by the fairness of accounting, non-tampering,and the scarcity of rewards caused by the difficulty of Pow accounting.

From the perspective of our early developers,BTC does not have the ability to become a carrier method.For large-scale on-chain development due to its storage memory limitation.

Furthermore, due to the inevitability of industry development,there have been public chain systems,such as Ethereum EOS TRON for the purpose of on-chain secondary development,and recently there have been performance-improved public chains such as BSC and some others of course,and cross-chains protocol such as Polkadot we focus on either.

The emergence of these systems has the same purpose to be more convenient, safer, and with lower energy consumption to realize the transaction,mortgage, online confirmation and storage of digital assets in one or more blockchain system.

We kept our technical sensitivity to the development of high-performance public chains,conduct in-depth research on each distributed system and participate in code contributions for some development routes.

At present, we have also found a lot of potential worries,for example,the gas cost on the chain has been greatly increased in a short time due to the influence of market supply/demand ratio.The uneven distribution of digital assets caused by the public chain ecology and the bifurcation caused by the adjustment of the consensus structure within the community.

So we push forward Vswap’s technical development roadmap and community governance concept based on the experience of all the projects we participated in before.

As you can see, Vswap must be able to solve the problem of the exchange of blockchain assets, and provide an exchange function for the community in a stable, low-cost, and secure way.

This will be the first stage where we implement specific functions. In terms of specific functions, the core logic is to deploy real assets, assets on the chain, and assets between different blockchains on the blockchain in a way that cannot be arbitrarily modified.

We thus introduced the precipitation of our previous codes and reliable smart contracts to handle exchanges on a single chain first.This will be the first batch of on-chain transaction functions presented by Vswap. As I twitted before, core team wish to let the community decide when go online.

After that, we will select a batch of public chain basic systems that we have studied, and deploy this concept on each blockchain.

Then in the first stage, Vswap realized the issue of asset exchange under different blockchain systems. After that, what we have to solve is how to enable the community to achieve efficient asset exchange at the lowest monetary cost in such an asset exchange system.Therefore, we are also evaluating the role of aggregators and optimizing our code so that users can purchase assets at the lowest prices in the global market.

The ecology of Vswap is not just a trading tool. You have seen it, and you can also see from our white paper description. Vswap is a complete ecosystem with a high degree of self-growth and development model. The V-wallet that you have seen now is a network that connects real assets and digital assets. V-wallet will be able to have users and the world, users and users, users and nodes, nodes and nodes, assets and assets. Complex exchange.

The first batch of online exchange systems that Vswap runs on ethereum 1.0 and later 2.0 fulfills the current single-chain asset exchange needs of a wide range of users.We also recently studied Binance Smart Chain. From the perspective of the difficulty of technology development, Vswap has the ability to access wallet services, on-chain transaction systems, and more dapp functions. Vswap’s vision is to observe the flow of global digital assets, and we will also launch other blockchains.

These are briefly about some of our reserves and listing functions in terms of technology. But I want to tell you that blockchain technology and blockchain economic system are two sides of important aspects. Vswap has experience in blockchain development and also has a full understanding of the importance of the blockchain economic system.

We believe that a blockchain project requires an ideal and a vision. This ideal is worthy of our technology and knowledge to achieve.

The idea of Vswap is to allow everyone in the community to share dividends in the blockchain era. They can be brought into this field by our ideas, and they can love this free and friendly community state. The ordinary man can enter the world of blockchain in a very easy and non-operational gap through the help of the community.

OK, this is some general ideas and what we want to do speaking.

any questions for vswap?

AMA PART

SKY: Has it entered the interactive time?@Julius Petersen

JP:Yep if any quesions, feel free to

SKY：Hello founder, I am very optimistic that vswap is also doing its best in the market, please answer my questions.

1. Can the node be opened in March? What do we prepare in advance for opening the node? Does the node need investment?

2. Will the Binance Smart Chain docking be completed in March?

3. A lot of people are concerned about when AVL will be launched, and the price will be the same! Can you tell us in advance!

Thank you!

JP：Hello

1. Node tech function is ready, as I said functions may need permission from community.Node function actually is the good opportunity for group leaders.System set up the attractive rewards for lockers.

2 BSC tech docking,wallet linking is under tesing, best estimation is around March, but we perfer follow our design plan first, to settle down ETH-Vswap function first.The concept of bsc docking is between two teams common knowledge are rather close.

3. For the price of VAL,let me describe more about what is VAL.Vswap’s token VAL is a value certificate of the community system, and now early community members also collect it every day through mining.

What I want to tell everyone is that Val plays a role of connection and value storage in the entire ecosystem of vswap. The governance of vswap adopts the governance of distributed nodes, the consensus of the same cultural governance area, and the proposal of the entire community requires VAL to vote, then the number of VAL determines the tilt of interests.

At the same time, the governance of community nodes has spontaneously recognized, and we have also designed reasonable and adequate rewards in the system, which require VAL reserves.

Therefore, the value of VAL depends on the consensus of the community, the transaction volume of online swap and other factors, but more importantly, the efforts and recognition of the community, as well as the number of global communities that we are currently expanding rapidly.

For the price, honestly, we dont know, but for the value , yes it worth.

SKY: Why do I need to register for this decentralized exchange?

JP:hmm…Register… this question is a good question.I give you the reason.You know dapp on chain address rewards is anonymous.A lot of automated software launched attacks on dapp rewards,then it will lead one problem that, real person couldnt get bonus freely and equally.This is very detrimental to our early community building.

According to our design and understanding, VAL tokens are very precious.We need to use a fairer way to involve early users, from unknown to known, from nothing to everything.

The purpose of registration and sign-in is to allow users to obtain VAL value dividends more fairly.For the Defi method, technical experts will use its loopholes, causing the rights and interests of ordinary people to be stolen in early stage.

SKY:On-chain mining starts, is it a single currency pledge or dual currency liquidity?

JP:For AMM pools,VAL-USDT pool, VAL-ETH pool, will be included.But what I want to say is:You all think vswap as normal dex in this way,amm pool deposit … that is everywhere.

We more focus on community game rules before amm pool open, we play nodes and deposit for voting purpose, for tech service providing, for sub coin build up for communities, that’s more fun.

VAL is the proof of power in the entire community. Every profit zone in community is ultimately based on your VAL holdings for exchange and gaming.In other words, Vswap provides you with not only the income of AMM liquidity mining, but also the profit link of each community.

Is it clear, hold your val and join the community then you will make profit in multi ways.

SKY:What is the relationship between VAL and the series of assets of DeFi technology products.

JP:There are many types of assets. For example, the Vswap community has technology input assets, NFT assets issued in the community, and community pledge assets.

You need to pay VAL to get these services and valuable assets, as well as the appreciation potential of these assets.

If you dont have VAL, you cant choose the assets in the community because the carrier recognized in the community is VAL.

The reason is that before the asset producer creates assets or exchanges, it needs to deposit VAL to generate public credit in the community. This deposit can be on the chain by contract or passed between nodes.

Due to the growth of our community, the universal token held in the community is VAL, and VAL becomes purchasing power economically.

And you know, the distribution rules of VAL have been completed long ago and have not been increased. The community uses VAL to store value and purchase value, and the purchasing power of a single VAL will change greatly.

SKY:Is VAL a global credit certificate？

JP:VAL is an equity token.Vswap system and community are precious, we have eco.

You belongs to community then the community will present your value, in before is respect or house, now it is VAL.Vswap is better then you joined community earlier than successor, then it is logical store more in this community, but the equal eco provide fair opportunity for each role.

SKY:Many users care about when VAL will land on the exchange.

JP:My friend, you are inside one DEX system, Vswap itself has the large AMM pool.as the exchange, I understand and assume such as Binance , right?

SKY:Yes, many people are currently concerned about when to log on to the centralized exchange.

JP:Listing Cex , We will provide a whitelist, the way go with standard way.

SKY:How often will the decentralized exchange be opened? Or how long will it take to log on to a centralized exchange.

JP:Well, as I said, the technical preparation for Dex is ready.Community also need to participate and join the discussion soon.We are core team, we have our role, and everyone has his effort that’s why we are strong.

SKY:The last question, when will all the functions in the APP be open?

JP:

App functions are Matryoshka, we prefer to maintain high frequency iteration.Vswap is very interesting, some functions are in the app, and some functions are on the blockchain.

There are connected interfaces between these functions, so full function will present a browser function later to link.

Community:Thank @Julius Petersen for coming to the community today to interact with us！！

JP:Thank you sky, thank you everyone, I hope you have a wonderful and prosperous life in Vswap. Friendship is always with you.