AMA Recap Crypto Library with CDZ Exchange


On 05th August 2021, CDZ Exchange conducted an AMA in the Crypto Library Community. Our guest is MC Gas and MC Liquid. Lots of questions as usual from the Community about CDZ Exchange progress. The CDZ Exchange team took part in a very interesting AMA session which included introductions, questions from twitter, and a live AMA session with the Crypto Library community. If you missed the AMA in person, read this recap for a deeper insight into CDZ Exchange.

Let’s take a look at the most interesting points of our conversation.

Crypto Library Team : So, before we start the AMA could you please introduce yourself to our community?

MC Gas (CDZExchange) : MC Gas here! Thanks for having us, this is the one time I don't mind being in a library! As for the project, we're CDz, a cross-chain crypto derivatives decentralised exchange and we're aiming to fix the trilemma of high fees, poor user expereince and slow transactions!

MC Liquid (CDZExchange) : And, I'm the dopest of the DJs! (clearly). I bring the hype and vision to CDz and the DJs. Get people pumped about the vision and where we plan on taking this rocket. CDs - Crypto Derivatives. Get it?!! The idea is to excite, educate and most importantly have fun. Let's make money doing it!!
Crypto Library Team : What is CDZExchange? and how your team can create this project?

MC Liquid (CDZExchange) : We are solving the trilemma of slow transactions, high fees and poor user experience in current decentralised derivatives exchanges. Users can trade leveraged perpetual contracts, stablecoins and assets like BEP20, ERC20s and other major assets. CDzExchange aims to support cross-chain technology with top chains, all without compromising on speed or security. The platform also provides staking and liquidity mining to unlock new opportunities enabled by cross-chain DeFi. How... did we create this? Well, I mentioned before the branding idea (yes, yours truly). It's about making something that's abstract tangible and accessible. Hence CDz. Crypto is hard. Derivatives is super hard. Let's make it accessible. Get people excited and they'll want to understand. Lower the barrier of entry. Feel me?

Crypto Library Team : Could you give us some reason why we have to choose CDZExchange than other project out there?

MC Gas (CDZExchange) : Before I answer that, I have something I want to share that I forgot. This should of been my warmup song, anyway:
This is a super easy entry to win up to $5000, please head to our Twitter for the easiest entry every!!! Everyone is welcome. Now, the question, In the words of @MCLiquid ' its dope,  But I'd say, with our aim of solving the trilemma as we mentioned before and with the huge plans we've got going forward, we're making the transition from FIAT to crypto as seamless and easy for the masses as possible AKA, we play the music, you turn up to the party!!

Crypto Library Team :  Please tell us about $CDZ token ! What are the token use-case, distribution, and where we can buy it?

MC Liquid (CDZExchange) : The governance and utility token powering CDzExchange is $CDZ, used for various functions including: Liquidity mining rewards for providing liquidity to $CDZ-pair pools. Fee sharing to earn a proportionate share of platform transactions fees accrued. Staking into single-asset pools to earn $CDZ. Discounts on trading fees. Initiating and voting on governance proposals. Re: buying it?!? You want some $CDZ? Well, we making a big announcement tomorrow. Starts with I, middle initial D, last initial O. But you didn't hear that from me. Smart contract WE GOT A LAUNCHPOOL OPEN RIGHT NOW WITH HIGH% RETURNS!!! You can stake $XVS, $BAKE, $DOGE, $BNB and earn $CDZ!!!!

Crypto Library Team : Could you give us some information about your roadmap, your milestones, and also your future plans?

MC Gas (CDZExchange) : We've got a lot, so please allow us to get it all out. Roadmap: D0, NF maybe and some other stuff we're currently working on. Milestones: $1.2M in TVL on the launchpool, close to 20K Twitter followers. Future Plans: NF..., more partners, loads more competitions and a party! Join our giveaway:
Crypto Library Team : Recently CDZ exchange launched its Native Staking program. Can you explain how robust your staking network is? If we decide to unstake our $CDZ token at anytime, do we have to pay a fee? Is there any duration required to stake our $CDZ token?

MC Liquid (CDZExchange) : I think what you're referring to is our launchpool. It's single sided staking. We did this to bring early attention to our upcoming MVP. Currently we're sitting at $1.2M TVL... whaaa You heard that right. Essentially you earn free $CDZ at public sale prices for doing NADA. NOTHING. Free money!! It's the crypto game. Give free money and they will come. But in all seriousness, our product is top notch. We haven't even gotten to the crosschain bit!! And derivatives... that's what it's about baby!!

Crypto Library Team : Currently, the situation of exchanging information and user assets being hacked as well as fraud situations are emerging more and more. What do you think about this situation and the plans? what about the CDZ exchange?

MC Gas (CDZExchange) : The situation is crypto. Banks get hacked, crypto gets hacked it happens, hackers hack, it's what they do. We have created CDz with security in mind, so our plan is what our plan has always been, put our customers first and there safety using the platform! CDz come in cases to stay safe, so we do the same and keep the people, you, who use CDz, safe!
Crypto Library Team : Does your great project support staking program? If yes. how is your stake system work, what is the requirement for user if they want to stake in your platform?

MC Gas (CDZExchange) : Yes, stake, swap and earn is the motto! head to this link to begin your journey!!

Crypto Library Team : Do you have videos about your project on YouTube or any other social media?

MC Gas (CDZExchange) : Yes, we have the official CDz YT: 
Please take a look at the catalogue of content!

Crypto Library Team : Ambassadors play a crucial role in every project, so do you have an ambassadors program? If yes, how can I be one?

MC Liquid (CDZExchange) : Ummmmm Yesss... you have a chance!!! JOIN THE DJS OF DEFI... Check this out.... Are you ready? 
Crypto Library Team : What is your future plans Beyond your Roadmap?

MC Gas (CDZExchange) : We have many plans, many priorities so it's just fitting them in! We've been asked about CDz NFTs, we've been asked about interoperability and cross-chains, we've got notes of everything on our roadmap so our plan is to complete it whilst still staying forward and looking ahead!!

Crypto Library Team : as a $CDZ token holder for long-term investment. What benefits will a $CDZ token holder get apart from 50% of all transaction fees?

MC Liquid (CDZExchange) : We are going to build out a sick AF referral program (does not exist in the market yet). You will be able to earn passive income. There is an NFT play here... but I can't say too much. Watch this space!