Judy_Host of EncryptClub: US stock market experienced a black Thursday last night. Fortunately, it did not affect the crypto space as severely as it did in last March. I think this change is highly related to users’ crypto cognition. Panic took hold of us when we encountered the abnormal financial phenomenon last year, but now, after realiziing the difference between traditional finance and DeFi, we will certainly buy BTC in the dips.
Moreover, we all took Masayoshi Son, founder of Softbank Group a fool when he bought the dips firmly last year, but now we have to admit our fault. So climb all on board and be optimistic about the future because giant whales are still there. Today, we will hold AMA with JulSwap, the first cross-chain project on BSC as well as a crucial hub connecting Binance Smart Chain and Ethereum conveniently and at low gas, and we are honored to have Tobias Graf, CEO and co-founder of JulSwap share more information about JulSwap with us.
Welcome to EncryptClub, Tobias. Would you please introduce yourself to EncryptClub community?
Tobias: I’m Tobias Graf, CEO and founder of JustLiquidity and JulSwap. With more than 10 years of experience as a CEO and after leading a myriad of companies in financial service, I’m proud to be associated with JustLiquidity and JulSwap. After having steered many companies into achieving milestones, I wish to extend the same here as well!
Q1：JulSwap’s core business lies in cross-chain protocol, what public chains can JulSwap provide cross-chain service for at present, and what public chains JulSwap may serve in the future?
Tobias:Our main focus right now is providing cross chain service from the Ethereum Chain to the Binance Smart Chain. In the future we will include the Polkadot, Avalanche and the Huobi Blockchain into our Bridge, for now.
In our Mobile Application and Browser Extension Wallet we have already integrated Ethereum, Binance Smart Chain, Tomo Chain, Avalanche Blockchain and the Huobi Blockchain. Here also, we will add Polkadot and Bitcoin for the Start.
Q2: Besides the outstanding cross-chain technology, JulSwap is also a comprehensive DeFi project, would you like to introduce the features of JulSwap functionalities respectively?
Tobias:JulSwap facilitates staking over fast and simple Binance Smart Chain, at low gas fees. Thanks to our ingenious UI, now token holders can stake using both our mobile and web applications.
Our JulWallet, that comes with integrated networks, makes the process even more simple.
Thanks to our Virtual Card, which comes with an integrated Gpay, Amazon Pay and Samsung Pay, accessing crypto tokens have become even easier!
Also JustLiquidity is funded by Binance’s 100 Million Dollar Accelerator Program, which helps us to come with innovative Products.
Q3: JulSwap seems different from UniSwap and SushiSwap in development direction. May I know which direction JulSwap are focusing on currently? What problems does it hope to solve for DeFi Ecosystem in future?
Tobias:Our Focus is to build one Solution for many Networks. There are a lot of networks and we connect them into one solution for our users.
Our Target is to always work on 100% decentralized while facilitating Crosschain capabilities.
Q4: I am interested in JulSwap’s upcoming Private Transactions function, why develop this functionality? What technology is it based on?
Tobias: Mainly, it is built to increase the traffic in our Jul Applications because when we check the privacy protocols on other blockchains or the Token ZCash, then we can see there is a big interest to hide sometimes, “the sender and receiver.”
With our solution, our users can do the same in the future on different blockchains.
Q5:Could you share your opinions on the current DeFi ecosystem and its future development?
Tobias:DeFI system has proven it’s worth both in terms of its rising market cap and increasing adoption by widespread enterprises. With an increasing number of financial firms incorporating Blockchain technology, DeFI is all set to be the new norm in the future. Businesses stand out to benefit and gain an early lead by adopting DeFI !
User1: How is your project security status?
Tobias: Our whole project is 100% audited by Hacken one of the famoust Audit companies. All audits are available on Github https://github.com/JustLiquidity/audits
User2: Do you have sustainable development plan? How to make sure the project to develop further?
Tobias: We develop based on the market needs. We have more then 30 developers in our team and we are growing day per day. If we see something new on the market we think about how to make it better and how to use it cross chain.
Judy_Host of EncryptClub: Thanks Tobias for joining our AMA and sharing so much valuable information with us. Thank you all for watching this AMA. EncryptClub will work hard and bring more wonderful content for you in future.