ZooKeeper AMA Recap

30 Sep 202100:49

AMA

ZooKeeper AMA Recap

Myko (CryptoDiffer)

5 minutes to go!
Hello, everyone!😁

We are glad to meet here:

Timmy Tare, Community Manager and Advisor

Silverlake, Community Manager and Advisor

Mus, Business Development and Marketing

Simon P, Business Development and Marketing

Welcome guys, thank you for taking your time today!

Mus

Hey everyone! This is Mus from ZooKeeper’s marketing team and I'm extremely pleased to be here with you today!

Timmy Tare

Hello everyone! My name is Tim and I focus essentially on community managing within the ZooKeeper social media outlets. I have also been known to dabble in design, document supervision, coming up with the occasional nifty names, and being an all-around handy guy to have around :)

Silverlake

Hey guys, happy to be here! I am one of ZooKeeper’s Community Managers working on improving the project all around and making sure everyone has an enjoyable experience using our platform.

Simon P

Hi Guys, great to be here! Social media and BD is my cup of tea!

Myko (CryptoDiffer)

Superb!
pay attention to this video!
while we start with the first question
Q1: Can you introduce yourself to our community?

Mus

So,we are from Wanchain community and as mentioned above each one of us is in charge in his specialty

Myko (CryptoDiffer)

Okay, let's move on
Q2: Can you introduce ZooKeeper to us?

Silverlake

ZooKeeper is a Gamified Yield-Farming dApp built on Wanchain. It provides every user with multiple features to interact with, in a fun and secured network.

Timmy Tare

A big part of ZooKeeper is the introduction of NFTs with a real use-case: boost your farming rewards, increase your team’s winning chances in our interactive live action feature, take advantage of the exclusive function of your ZOONFT to enter a special staking pool... and many more use cases to come in the future!

Mus

On top of that, there are plenty of options available to make use of your ZOO tokens; whether through farming, staking for NFTs or trading them in The Market, staking to earn a coin voted by the community, or playing and shilling your clan in our weekly live action feature…. This is what we call a real utility token!

Simon P

And all of this with the cheapest fees and fastest transactions, thanks to the Wanchain network!

Myko (CryptoDiffer)

Thanks for your answer)
Let's proceed to the last introductory question
Q3: Let`s now talk about the milestones you have achieved so far and about your upcoming plans?

Silverlake

Since it was introduced a few months ago, ZooKeeper has been in constant evolution; everything we have promised so far, we have delivered, and then some.

Timmy Tare

Some additional details and stats are available here:
https://medium.com/zookeeper-blog/four-months-of-zookeeper-and-counting-57904ae1cb53

Mus

Since then we have also published our finalized Audit from HAECHI, we have won a Bitrue listing competition and are now successfully listed on CMC, CG, Nomics, Delta, LunarCrush, Bitrue ….

Simon P

We take pride in constantly adding updates and improving our platform for our users with features, tools, video guides, and even a non-profit ZooKeeper merch shop!

But our next big implementation is our Crafting feature!

Simon P

which will be added before the end of this month, just a few more days to wait! This is a very important aspect as it will provide every user with the possibility of combining two NFT Boosters together to create a higher end NFT.

More details here:
https://medium.com/zookeeper-blog/an-introduction-to-nft-crafting-8d9c191d7e0c

Timmy Tare

And the special announcement exclusively for CryptoDiffer members.........

Simon P

*drum roll*

Mus

👀👀👀👀

Silverlake

What is it?

Myko (CryptoDiffer)

im excited

Timmy Tare

An OpenZoo NFT Marketplace will be created and available very soon. This platform will give everyone the possibility of creating their own NFTs and NFT collections, as well as trade, auction, etc...

Mus

So, this will in essence be the first open NFT marketplace to be built on Wanchain. The new market will be opening soon on https://OpenZoo.io

Cryptodiffer Community

What kind of marketing strategy do you use to increase the legitimacy of ZooKeeper? Do you have a big partnership plan? Can you tell us about ZooKeeper?

Mus

The team has been working hard to bring more awareness and visibility to the project. We will start a more aggressive marketing campaign very soon after the release of the "Open Zoo feature - ZooKeeper’s global marketplace”. It will include (but not limited to): media content, Twitter Youtube, reddit content, etc....

Cryptodiffer Community

Can You tell me briefly about
"NFT BOOSTERS",
How many type of different boosters are there & how much boost % they provide?
Well, if you open a gold or silver chest, you can obtain an NFT (in a gold chest guaranteed, in a silver chest 1/10 chance). Each category is divided into: normal/rare/ultra rare/max. The categories are:
🍎 Fruits
🌭 Foods
🍭 Sweets
🧪 Potions
🌶 Spices
🔮 Magic
Each NFT is unique and has a specific boosting/locking percentage! You can then link the NFTs to your farming pools, for example.
Do you have any guide for beginners how to use your platform? Any videos available or youtube channel?

Silverlake

We have already started some tutorial videos to help all users (thoseare available on our site or on our YouTube channel here https://www.youtube.com/c/ZooFarming) and we will be constantly adding some more. We also have a great community ready to help with any request and we invite everyone to join us on our Telegram channel https://t.me/ZooFarming

Cryptodiffer Community

Well, if you open a gold or silver chest, you can obtain an NFT (in a gold chest guaranteed, in a silver chest 1/10 chance). Each category is divided into: normal/rare/ultra rare/max. The categories are:
🍎 Fruits
🌭 Foods
🍭 Sweets
🧪 Potions
🌶 Spices
🔮 Magic
Each NFT is unique and has a specific boosting/locking percentage! You can then link the NFTs to your farming pools, for example.

Simon P

NFTs for sale can be checked through zookeeper.finance/market

Cryptodiffer Community

Will Zookeeper have a burning program to reduce the amount of ZOO tokens? Can you tell us about the plans you will use to reduce the amount and how many coins you will burn?

Silverlake

We have put burning mechanics in place already to help reducing the amount of ZOO tokens in circulation. Some are linked to the usage of the platform for example in our live interactive event called ‘ZooRena’, half of the ZOO tokens placed are burned. We have over 850K token burnt so far and we will keep implementing more mecanics in the future.

Cryptodiffer Community

How much token do I need to stake to get NFT drop? And what can I do with these NFTs? Can I sell them or what other ways I can use them?

Where user can trade these NFTs? Is it possible to list them on 3rd party exchange such as Opensea. Or you will develop your own NFT marketplace?

Mus

You can stake your ZOO to get free NFTs, the amount of ZOO to stake varies depending on the duration of your lock up. For more details check this link: https://docs.zookeeper.finance/manual/expedition and visit the feature expedition link to check out the amount needed to be staked: https://www.zookeeper.finance/expedition

ZooKeeper NFTs can boost massively your farming rewards. But we are also preparing a lot of other new use cases whether it’s on ZooKeeper or on our upcoming dApps. Users can trade them in our marketplace ( https://www.zookeeper.finance/market).

Cryptodiffer Community

📍How many ZOO tokens do we need to submit a governance proposal in Zookeeper? How does your team evaluate the feasibility of the recommendations? Does the vote need community approval to be accepted, or just your team's approval?

Timmy Tare

Thank you for your question Aykut! There is no minimum ZOO amount required to propose a vote, but a vote proposal must first be submitted on the ZooKeeper forum (http://bbs.zookeeper.finance/) to make sure it is technically possible to implement by the team. The feasibility of the vote proposal is weighed against development time required and level of difficulty of implementation.

Cryptodiffer Community

Hello Zookeeper Team 🙋

👇👇👇👇👇

STAKING is the most attractive feature for many users since, it gives a PASSIVE INCOME..

So, please tell us more about STAKING within Zookeeper..
What are the ADVANTAGES Of BEING a STAKER within Zookeeper ?
How is EXPEDITION STAKING different?

✨✨✨Thank you....✨✨✨
We have several farming pools within ZooKeeper ( zookeeper.finance/zoo ), each pool has an animal as its mascot:

$WAN - $wanBTC: ElonTusk🐘
$WAN - $wanXRP: RaffertyGMonay🦒
$wanUSDT - $wanUSDC: CarlCrocs🐊
$WAN - $wanUSDT: MelGibbon🐵
$WAN - $wanETH: BarcodeBrenda🦓
$WASP - $WAN: RagingManeLeo🦁
$ZOO - $WASP: TonyStripes🐯

Additionally, you can also lock your ZOO tokens within our 'Safari': ( zookeeper.finance/safari ). Here you can stake your ZOO tokens to earn more ZOO OR you can stake ZOO and earn an asset chosen by the community (LTC, BTC, ETH...)

What is the advantage of SAFARI staking?
No chance of impermanent loss + you can take your ZOO out of the stake whenever you want!
🙋👋 Hi ZooKeeper!

You have a specific function called NFT CRAFTING, that combines two boosters, to create a final ZooBooster NFT. However, I've never heard of NFT Boosters before, so would you explain what they mean? what are the benefits of these upgraded NFTs on your platform, and how exactly can we get one? Can we buy it?

Timmy Tare

Thank you for your question Orlemys. NFT boosters are unique to ZooKeeper so that’s why you maybe didn't hear of it yet, An NFT booster has specific attributes that enhance your farming experience. The current attributes increase your farming rewards and reduce your locktime of a pool. They go from very small boosts to really high, depending on their class and rarity. Some of them even increase your farming rewards by over 80%! You can buy them on the marketplace, or stake for a Gold or Silver chest. A Gold chest has a guaranteed drop and a Silver chest will drop an NFT at least once for every 10 chests opened.

Cryptodiffer Community

We have several farming pools within ZooKeeper ( zookeeper.finance/zoo ), each pool has an animal as its mascot:

$WAN - $wanBTC: ElonTusk🐘
$WAN - $wanXRP: RaffertyGMonay🦒
$wanUSDT - $wanUSDC: CarlCrocs🐊
$WAN - $wanUSDT: MelGibbon🐵
$WAN - $wanETH: BarcodeBrenda🦓
$WASP - $WAN: RagingManeLeo🦁
$ZOO - $WASP: TonyStripes🐯

Additionally, you can also lock your ZOO tokens within our 'Safari': ( zookeeper.finance/safari ). Here you can stake your ZOO tokens to earn more ZOO OR you can stake ZOO and earn an asset chosen by the community (LTC, BTC, ETH...)

What is the advantage of SAFARI staking?
No chance of impermanent loss + you can take your ZOO out of the stake whenever you want!

Simon P

So currently we have several options to earn passive income through ZooKeeper:

-ZOO: earn double farming rewards (WASP + ZOO)
-EXPEDITION: buy/stake for a golden chest with a NFT in it
-SAFARI: stake ZOO without risk of temporary loss
-ZOORENA: Place bets and trust your luck

As for 'Play to earn', our ZooRena is great (zookeeper.finance/zoorena):

➡️ Strategize on TG
➡️ Shill your favorite Clan
➡️ Prepare your strongest NFTs and pair them with your favorite clan!
➡️ Place your bets and WIN NFTs + grab tickets to win our ZOO jackpot

⏰ When? Every Sunday at 14:00 UTC!

Cryptodiffer Community

I was reading about Zookeeeper Tokenomics, & saw Zookeeeper uses "Dynamic Market Cap Strategy",
Can You explain in more simpler terms with any Example?

Silverlake

ZooKeeper concluded that it would be a better decision to use a dynamic market cap as its tokenomics model due to the use of boost, burn, and locktime mechanisms within its farming environment. This means that all 10 ZOO minted per block are not impacted by any additional features such as Boost Reward and/or Locktime Period. These extra parameters will be added gradually and depend solely on community usage and ZOO incineration amounts. Everything is explained in this article: https://medium.com/zookeeper-blog/dynamic-market-cap-734390926c12

Timmy Tare

Also make sure to join our official Telegram channel https://t.me/zoofarming where all your questions will be answered by ourselves or by our helpful community members.

Cryptodiffer Community

It caught my attention that ZooKeeper is developed on the Wanchain network, so could you tell us why choose it before and other more known networks? is Wanchain really the best alternative? or simply so that ZooKeeper can be a pioneer in that network?

Simon P

That the Wanchain network was chosen clearly has its reasons:

-You can have endless fun on ZooKeeper and do dozens of transactions that literally cost a fraction of a dollar. Thus, transactions on the Wanchain network are virtually free. Of course, when you know that a single transaction on the Ethereum network can currently cost as little as 100$, the choice is quickly made.
-In addition, the Wanchain network is also super fast, so you never have to stare at your screen to wait.
-Further, Wanchain also has fantastic cross chain capabilities. For example, through the ZooKeeper marketplace, you can buy/sell NFT for wanBTC/wanETH/wanUSDT... with almost NO transaction fees.

Cryptodiffer Community

If I wants to get Started with Zookeeper than What are the various wallets I should have ?

Silverlake

You can use the official Wanchain wallet (WanWallet) on ZooKeeper or you also have other options with Metamask where both desktop and mobile versions are supported and also WanMask. More info in our “Getting Started” part of our docs https://docs.zookeeper.finance/manual/getting_started

Cryptodiffer Community

I could read that with ZooKeeper you can get "double farming" rewards, but could you really tell us more about this farming? Could it be that with the same asset you can participate in both? or really how will it work?

Mus

Yes, ZooKeeper offers a dual farming experience. Users who provide liquidity on Wanswap.finance. Get liquidity tokens to be used on ZooKeeper for farming. When you farm on ZooKeeper you get “Double rewards” : WASP (governance token of Wanswap) + ZOO (utility and governance token of ZooKeeper). A great way to earn passive income. On top of that, you can lock your liquidity for up to 180 days to increase your farming rewards up to 69%, and if you use a booster NFT (up to 82%), you will get an incredibly high APY.

Cryptodiffer Community

I read in your Doc that it is necessary to stake a minimum amount of ZOO tokens in order to obtain the benefits, but what is this minimum amount really? And will it change depending on its market value? or will it always be the same?

Timmy Tare

Thank you for your question Bryant. If you are referring to the Safari Staking (stake ZOO for ZOO or stake ZOO for the monthly community-voted token) then there is no minimum required to stake, no impermanent loss risk, and you are free to enter and exit the staking pools as you wish. If you were rather referring to the Staking of ZOO to earn Gold and Silver chests, there is a dynamically set amount to be staked for these. The amount increases by 1% every time someone stakes for a gold chest, and 0,1% increase for silver chest staking. A gold chest will deliver a guaranteed NFT Booster.

Cryptodiffer Community

In your Website I found that there are two types of chest
1. GOLD CHEST
2. SILVER CHEST
Can you tell us how Can I obtain these chests and What benifits I will get after acquiring these Chests ?

Simon P

You have several options for obtaining a chest with an NFT in it:

-You can buy a chest directly (gold chest = guaranteed NFT, silver chest is 1/10 chance of an NFT).

-In addition, you can also stake ZOO tokens to earn a chest. You can choose between 2 days/15 days/30 days. The longer you stake, the less ZOO tokens you need. After the strike period, you will of course get your ZOO tokens back.

-Finally, you can also buy/sell NFTs through our marketplace.

Myko (CryptoDiffer)

Thank you guys!
You've covered lots of topics

Timmy Tare

Thank you for having us! Was a real pleasure to share

Silverlake

It was our pleasure and thanks to you for having us today!

Timmy Tare

Reminder of important links:

Official Website: https://ZooKeeper.finance
Documentation: https://docs.zookeeper.finance
Official Twitter: https://twitter.com/ZooFarming
Official Telegram: https://t.me/ZooFarming
Official Media Telegram: https://t.me/ZookeeperMedia
Official Medium: https://medium.com/zookeeper-blog
Official Announcement Channel: https://t.me/ZooKeeperAnn
Official Reddit: https://www.reddit.com/r/ZooFarming/
Official YouTube: https://www.youtube.com/c/ZooFarming
Official Instagram: https://www.instagram.com/zoofarming/
Official ZooKeeper Merchandise: https://zoofarming.myspreadshop.net/

Simon P

Great to be here, thanks for having us! I hope to see a lot of you 'CryptoDiffers' in our community!

Mus

Thanks to the CryptoDiffer team and this great community for having us.

Simon P

And remember, don't let your tokens gather dust, but put them to work! https://twitter.com/ZooFarming/status/1438095174266142720?s=19
Thanks!