Recapitulation of Puffer_DeFi PROJECT AMA event held at AMA LOVERS CLUB.

Venue: https://t.me/amaloversclub
Date: Friday, 24th September, 2021
Time: 15:00 UTC

The Puffer_DeFi PROJECT team was represented by @PufferDefi1 who judiciously shared with us detailed knowledge and information about Puffer_DeFi PROJECT.

1st Segment: INTRODUCTION

Q1: Can you please introduce yourself and your background, also introduce the team working on Puffer DeFi?

ANS: I’m Frank - PufferDefi1 , the Chief Marketing Manager of PufferDefi, a heavy Defi User and a Crypto early adopter.

We are a team of 15 and our team has been working in the field of cryptocurrency for many years and has experienced the ups and downs of the DeFi industry. Every member has a unique insight into the industry.

We are well aware of the difficulties that users encounter in investing in the DeFi industry and are committed to building everyone's Feel good platform.

Every member of our team always maintains 100% enthusiasm to serve everyone, and can quickly solve the problems caused by each user.

Q2: Can you introduce Puffer DeFi, what critical problems does it solve that existing solutions are not solving and what's the competitive advantage?

ANS: PufferDeFi Finance is latest Generation Yield Farm and AMM decentralized exchange running on Binance Smart Chain with lots of unique and creative features such as:

Vault Farms

PufferDeFi will use all LPs to generate revenue. These proceeds will be used to stabilize currency prices and liquidity pools.

These benefits will be processed automatically by our team on a regular basis, and you do not need to pay additional GAS.

Automated Burning Mechanism

40% of each proceeds will be used to buy back and burn PUFF.

Automatic Liquidity

60% of the income obtained each time will be automatically added to the liquidity pool through the contract, and the lower price limit will be continuously increased. And the liquidity will be locked and inaccessible

Anti Whale

Transactions more than 1% of total supply will be rejected. As the total supply grows, this ratio will be reduced.

Harvest Lockup

We use harvest lockup based on time. Harvest lockup is a unique rewards lockup mechanism used to limit the frequency of harvest. It is designed to prevent farming arbitrage bots from constantly harvesting and dumping.

Harvest Lockup will be set for 6 days (usually from Monday to Saturday), and you can only harvest on Sunday.

Referral Program

PufferDeFi Referral is a unique On-chain referral program that lets users earn $PUFF without depositing any tokens. You just have to refer other users to stake in Farms and Staking Pools and you will be earning 3% of the rewards they receive forever

Our biggest difference is that all deposited assets on the farm will be managed by the vault. The proceeds from the vault will be used to BuyBack and Destroy PUFF and increase the liquidity of PUFF-BNB. In this way, the transfer tax is replaced, and the loss incurred when the user trades PUFF is reduced. You will not notice these details when you deposit and withdraw, and the GAS fee is only 20% higher than that of a normal farm. Obtaining revenue is the place that spends the most GAS, which will be handled by the development team.

Q3: Can you briefly describe the top milestones you have achieved and your target milestones with timelines, also share your roadmap?

ANS: Milestones we have achieved so far are:

1. Community building
2. Deploy Smart Contracts
3. Build Dapp
4. Audit
5. Submit PUFFERDEFI to Coinmarketcap, Coingecko, DappRadar, Coinhunter and Coinsniper
6. Listed on DappRadar, Coinhunter and Coinsniper
7. Marketing & Advertising which is still on going
8. Airdrop Live
9. Listed and trading on pancakeswap
10. Press Release

Next Milestone are
1. Farm and Staking Pool Launch
2. Lottery
3. More audits
4. Airdrop distribution
5. Partnership
6. New products
7. Listed on major exchange
8. New products

RoadMap
https://pufferdefi.gitbook.io/pufferdefi/roadmap

Q4: Can you briefly describe your PARTNERSHIPS so far?

ANS: In terms of marketing, We have partnered with Overdose Gems, Satoshi Club, Bscnews, Coinhunters, Airdrop Ninja among others for marketing

Partnership with other crypto projects will take effect in our next milestone.

Q5: Can you give an overview of the Tokenomics, and UTILITY of $PUFF token?

ANS: https://pufferdefi.gitbook.io/pufferdefi/tokenomics/puffer-token-puff

Total supply 1k PUFF

Token Name: Puffer Token

Token Symbol: PUFF

Contract Address: 0xe68A1B5CbD28CA7107296f0c7ba6fF169885F100

Chain: Binance Smart Chain (BEP20)

Deposit Fee

Deposit fee is 4% for non-PUFF Farms/Pools. Deposit fee is 0% for native Farms/Pools. 75% of this fee will be used to Buyback + Burn PUFF to pump the price.

2nd Segment: LIVE Questions

Q1: Puffer DeFi will be implementing an Anti Whale on its platform. Can you explain how this mechanism will work on the platform?
What is Harvest Lockup? Why are you implementing it on your platform and how will it work? And what amount of fee will be used to harvest?

https://twitter.com/Abiodunbbey/status/1441419154502922240?s=19

ANS: Transfer more than 1% of the total supply will be rejected (Max Tx Amount). As the total supply grows, this ratio will be reduced.
At present, each transaction cannot exceed 10 PUFF, and buyers cannot exceed the maximum transaction limit. The anti-whale mechanism will provide important guarantees for the safety of users' funds and make timely predictions on the market.

There's no min Buy but max buy is 10 PUFF

We use harvest lockup based on time. Harvest lockup is a unique rewards lockup mechanism used to limit the frequency of harvest. It is designed to prevent farming arbitrage bots from constantly harvesting and dumping.

When you farm or staked lp, all harvest will be locked untill after 6days and it will be unlocked for users to harvest their rewards.

Q2: I have learned that PufferDefi have completed one of its five audit reports, TechRate being the first. This is the first time I've seen a project that will be conducting multiple audits, five to be specific. Is it really necessary to conduct audit reports more than ones or twice?

https://twitter.com/0JeanWayne/status/1441339122652631042

ANS: Yes it is so as to guarantee the safety of the project for our investors.

Q3: Sir Can you explain How strong is the team in PUFF ? Many projects start with a good impression and then the project is abandoned/lost. What makes your project different from others?

https://twitter.com/sitiecahct/status/1441342471615643656?s=19

ANS: We are a team of 15 and our team has been working in the field of cryptocurrency for many years and has experienced the ups and downs of the DeFi industry. Every member has a unique insight into the industry.

We are well aware of the difficulties that users encounter in investing in the DeFi industry and are committed to building everyone's Feel good platform.

Every member of our team always maintains 100% enthusiasm to serve everyone, and can quickly solve the problems caused by each user.

To buy:
https://pancakeswap.finance/swap?outputCurrency=0xe68A1B5CbD28CA7107296f0c7ba6fF169885F100

Q4: I am a farmer and my main attraction is providing liquidity to the market and getting attractive APY, regardless of trading activity, does PufferDefi have something to offer investors like me compared to other similar projects?

https://twitter.com/arumichannn/status/1441414120138436613?s=21

ANS: Yes
Kindly visit
https://www.pufferdefi.finance/farms

The APR is amazing for early investors and thank me later😊

Q5: There are already many Defi projects/products available in the market. Why we should choose your project to invest? Can you state one thing that gives you advantage over other defi projects?

https://twitter.com/RahulGandhix5/status/1441420630167994370?s=19

ANS: Our biggest difference is that all deposited assets on the farm will be managed by the vault. The proceeds from the vault will be used to BuyBack and Destroy PUFF and increase the liquidity of PUFF-BNB. In this way, the transfer tax is replaced, and the loss incurred when the user trades PUFF is reduced. You will not notice these details when you deposit and withdraw, and the GAS fee is only 20% higher than that of a normal farm. Obtaining revenue is the place that spends the most GAS, which will be handled by the development team.

Q6: Crypto currency is so popular in Southeast Asia market, some countries like Viet Nam, Philippines and Indonesia... Do you have any plans to expand your project in these countries?

https://twitter.com/Karim37529120?s=09

ANS: Yes of course...

Q7: Sir can you explain Does the PUFF protocol have an anti-whale system? Given that the protocol has unlimited liquidity, how does PUFF deal with whales that monopolize the market by taking most of the profits?

https://twitter.com/felixxyaaa1/status/1441317544070037507?s=19

ANS: We have an antiwhale system
Kindly visit https://pufferdefi.gitbook.io/pufferdefi/tokenomics/anti-whale-max-tx-amount

To know more about the antiwhale system
I dont know about harvest... So please tell me can i sell all my PUFF after i have harvested????

https://twitter.com/Brokenman690/status/1441418838646484996?s=19

Q8: I dont know about harvest... So please tell me can i sell all my PUFF after i have harvested????

https://twitter.com/Brokenman690/status/1441418838646484996?s=19

ANS: Yes, Puff is already trading on pancakeswap but max sell is 10PUFF to avoid dump

PufferDefi Farms💰 and Staking Pool💹 launch September 25 2021 at 11:00 UTC with amazing APR 🤑🤑🤑

STAKING POOL APR
BUSD - 2,821,109,275.62% APR

WBNB - 3,528,819,257.13% APR

USDT - 4,363,778,207.03% APR
and many more - https://www.pufferdefi.finance/pools

PUFFER FARM (LP) APR
PUFF - BUSD (LP) - 12,243,885,858.27% APR

PUFF - BNB (LP) - 29,712,831,606.21% APR

BNB - BUSD (LP) - 8,589,039,312.25% APR

USDT - BUSD (LP) - 3,754,040,183.77%
and many more - https://www.pufferdefi.finance/farms

PufferDefi farm & staking ROI is calculated dynamically in real time. When the investment in the fund pool increases, the ROI will gradually decrease, so investors who invest first will have more benefits.

- PUFF is available on PancakeSwap v2 for Swap🔁 - https://pancakeswap.finance/swap?outputCurrency=0xe68A1B5CbD28CA7107296f0c7ba6fF169885F100

PufferDefi - The latest generation yeild farm and AMM decentralized exchange running on Binance Smart Chain with lots of unique and creative elements.

Join Telegram Group: https://t.me/pufferdefi

Website: https://pufferdefi.finance

https://dappradar.com/binance-smart-chain/defi/pufferdefi

Follow Us On Our Various Social Media Communities For More Update;

PufferDefi Farms💰 and Staking Pool💹 launch September 25 2021 at 11:00 UTC with amazing APR 🤑🤑🤑

STAKING POOL APR
BUSD - 2,821,109,275.62% APR

WBNB - 3,528,819,257.13% APR

USDT - 4,363,778,207.03% APR
and many more - https://www.pufferdefi.finance/pools

PUFFER FARM (LP) APR
PUFF - BUSD (LP) - 12,243,885,858.27% APR

PUFF - BNB (LP) - 29,712,831,606.21% APR

BNB - BUSD (LP) - 8,589,039,312.25% APR

USDT - BUSD (LP) - 3,754,040,183.77%
and many more - https://www.pufferdefi.finance/farms

PufferDefi farm & staking ROI is calculated dynamically in real time. When the investment in the fund pool increases, the ROI will gradually decrease, so investors who invest first will have more benefits.

- PUFF is available on PancakeSwap v2 for Swap🔁 - https://pancakeswap.finance/swap?outputCurrency=0xe68A1B5CbD28CA7107296f0c7ba6fF169885F100

PufferDefi - The latest generation yeild farm and AMM decentralized exchange running on Binance Smart Chain with lots of unique and creative elements.

Join Telegram Group: https://t.me/pufferdefi

Website: https://pufferdefi.finance

https://dappradar.com/binance-smart-chain/defi/pufferdefi
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