New Suggested 07/02/2022 by Alper Yuksel
Problems and Solution Suggestions About ASTROSWAP
Dear Bluezilla Team,
As you know, on January 29, 2022 Dex opened at 08:00 AM UTC on the Velas network. Some of the problems have been solved what we have experienced and emphasized on previous ‘’about astroswap on dex launch issue’’ ticket. First of all thanks for your interest and effort about our reasonable grounds . However some of the problems we have experienced have been so great and still exist that we would like to explain them to you;
- About 130 days ago, a large amount of Airdrop was distributed to certain accounts and these accounts made heavy sales minutes before the DEX launch and they are still selling a huge amount.
- Astroswap price, which was 0.26 USD (BSC Network) - 0.30
USD (Velas Network) during the dex launch day after heavy sales, dropped to
0.06 USD in 5 minutes, and there was a 77% decrease in the price and on February 7,2022 its dropping down more
and more although market and BTC reached 42.5 K USD.
- It has explained that the team is working Multi-token bridge with Cardano network to swap precious Cardano’s token on Astroswap. It couldn’t have seen any tactable effort on this issue.
- As stated by team all projects on Adapad would have been launched on Astroswap. However as an example Lovelace token is on Sundaeswap now and despite global admins emphasized that they took notes about this issue we couldn’t have seen any positive steps.
- Despite the success of ‘’ Earn ADA pool ‘’ and new statement and announce on twitter about ‘’farm pool form’’ to create different farms and pools . it hasn’t been occured till this time .
The situations we wrote above made us, the investors, very upset. While we are investing in Astroswap, we are making these investments knowing that it is under the Bluezilla brand. The fact that neither the Astroswap nor the Bluezilla team made a statement about these situations led many investors to review their investment decisions and take different decisions. Many investors sold both their existing Astroswaps and other Launchpad investments, knowing they were at a loss.We investors trust Bluezilla and we think you will fix this situation as soon as possible. Although the state of the current market situation going well and Bluezilla launchpads growing %12 averagely , Astroswap is still dropping down.
We kindly ask you to consider the suggestions below;
- Especially we demand a certain amount of tokens from the market to be taken back and burned. (Buy Back and Burn) . As the admins of the global astroswap telegram emphasized after the dex launch, buyback and burn may always be on the table as a solution . We are at the moment when it is most needed. Such a huge supply could be adjusted with Burning process. This is our first sıgnıficant and prior suggestion.
- Not only all projects that come out of Adapad, but also all Bluezilla launchpad’s projects should be published in the first Astroswap. Thus, its name should be heard alongside dexes such as Pancakeswap and Uniswap.
- New farms and pool’s should
be announced immediately. Investors would like to have different
opportunities to earn except Astro tokens like Ada tokens.
- Astroswap should be supported much more by Cardano network on the social media and as mentioned by team precious Cardano network token’s should be swapped asap on Astroswap .
Despite this state of the market, we had invested in Astroswap and we had a lot of losses nowadays . We believe that Bluezilla will, as always, look into the matter carefully and protect we investors. As investors, we still trust Bluezilla and we think you can still do something for us.
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