LBank AMA Recap with EAGON

LBank Listings&Projects
4 min readJan 19, 2022
LBank AMA with EAGON

Bruce Hughes TCK:
Thank you so much for having me on your Community AMA.
I am Bruce Hughes. Co-founder and acting CEO of EagonSwap.
I represent a team of international committed members intent on bringing harmony to the biggest Trio in cross chain capability.

First five AMA Questions (First Part):
Will $EAGON worry about hacking? Does $EAGON have a security audit? Do we have a plan if we are hacked?

Great question.
I think every project and platform worries about hacking, and constantly works on improving security-related protocals to prevent it.
We have been audited by:
Like all DEX platforms, our “front door” to Hacks is much smaller than CEX platforms. And we will continue to ensure this.

Are there any special prototypes or upcoming $EAGON updates that you want to show/share with us?

Eagonswap is a Platform that creates harmony across the Polygon, Etherium and Binance Smart Chains.
This uniquely positions it to ENGAGE with any projects or protocals built across these 3 chains.
However, even with this as it’s core strength, we wanted to work on creating something unique for our Eagon holders.
With this in mind, we are in talks with a partner to provide crypto cards to our holders, based on how much Eagon they hold.
From plastic cards, up to stainless steel cards, and accepted in 140 countries, we will bring a card solution to our community, which will neatly bridge the gap from DEX to CEX to FIAT rails.
This is just one of the Partnerships we will be launching this first quarter

What is the utility of Eagonswap? What determines its value, is there anything in your ecosystem that increases demand for Eagonswap?

Fantastic question.
Eagon is a LIQUID utility token.
It’s value is determined by:
1⃣ Size of community
2⃣ Coins Staked vs Coins Traded.
3⃣ Utility in Eagon Ecosystem
4⃣ Coin Burns
5⃣ Future Partnerships and Utility.
Through Burns, increased use and reward tokenomics that are in place to slowly grow the Coins value, we will realise a higher and sustainable price growth over time.
Education is key for this. And we trust that through our RoadMap we will ATTRACT the right mindset of investors and believers into our community.

Absolutely yes.
All details and roadmaps specific to EAGON and Eagonswap can be found on the below pages and resources…
Please direct all EagonSwap questions to the APPROPRIATE channels below.

Almost 3/4 of investors are focused purely on the price of token in short term instead of understanding the real value and health of the project. Could you tell us on motivations and benefits for investors to hold your token in long term?

That’s a really good question.
Thank you for asking this.
In the short term:
We have 2 major BURNS planned to reduce the supply of coins in the market.
We will be offering different crypto cards , with different advantages to holders or coins. The advantages will INCREASE based on an INCREASE in coins held by investors.
We will also be launching our EagonShare rewards program for active influences.
And we will be bringing a Gaming Partnership to the community called EagonPlay.
This will all be weighted towards rewarding investors.

What kind of partnerships with different projects/platforms/protocols can we expect from $EAGON in the future? Could you give us some examples of how other projects can leverage #EAGON?

Partnerships are key in any project.
With the advent of NFTs and Gaming breaking into the blockchain market, more than ever we are seeing projects with cross chain interoperability moving towards one another.
This is true too, for EagonSwap.
Once we have finalized key Partnerships, we will make public announcements on our official platforms and pages.
We prefer to present Partnerships and Facts, once they are finalized. Less Hype, more Value.
Stay tuned for:
EagonSwipe Cards
EagonShare Influencer Program
EagonPlay gaming platform.
All the above is possible because of key Partnerships coming to the project.

Selected five Questions with Answers from the Telegram community (Second Part):

My Q Sir
(ls Your platform suitable for crypto beginners Or does it olny limited for professional users)

This is a tricky question to answer.
Every person learns differently.
But over time, it has become evident that the majority of crypto users first enter into Crypto through a CEX (Central Exchange) platform.
We have designed EagonSwap as a DEX (Decentralized Exchange)
Therefore the platform will probably be used by more experienced crypto users who are looking at expanding their crypto portfolio in to more blockchain projects, outside of just TRADING of coins.

How many team members do you have? Do they have enough experience in the blockchain field? Do they have any experience on working in crypto and non-crypto projects?

Good question.
We have a multinational team who are specialized in BlockChain development as well as marketing.
As our ecosystem grows, we can add more members to the team, if needed.

My Q Sir
Do you allow suggestions and feedback from the community Are we allowed in decision making, do you put the community into consideration….?

Love this question.
We have a robust community on Telegram of over 35K users already.
They are educated and highly communicative.
Whilst we are very clear on the roadmap and goals for the platform and project, we do welcome helpful feedback or suggestions.



LBank Listings&Projects

The AMA recap channel for going through more highlights of LBank AMAs.