AMARush Recap: Supernova
In order to connect Avaxholics with Avalanche-based projects, Avaxholic honorably represents AMA Rush Campaign. This is a big chance for Avaxholics to directly interact with and understand deeper about Avalanche projects, whether top tier projects or newcomers. For this AMA, we’re proud to have Supernova as our guest.
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Vela | Supernova:
Thanks a lot for this warm welcome! Really happy to be here and thanks all to taking the time to follow this AMA
Avaxholic:
Before we start, can you briefly introduce yourself and Supernova?
Vela | Supernova:
Supernova is a decentralized reserve currency protocol available on Avalanche Network. ased on the SUPERNOVA (SN) token. Each SN token is backed by a basket of assets (e.g., MIM, SN-MIM LP Tokens etc etc) in the Supernova treasury, giving it an intrinsic value that it cannot fall below. Supernova relies on the game-theory dynamics where participants can stake, mint and sell.
Our aim is one and simple: we want to replicate Wonderland. We will be an extension of the Frog Nation. We believe we are going to be a strong community-driven project. For this reason we are not just a rebase token project but we are a real DAO, in which the community will be involved in the decisions and the investements will be done to allow all the individuals to earn from them. It’s changing the vision of DeFi dApp.
As short term goal: improve step by step the protocol and optimize his growth.
As long term: create a real VC that will invest and support new projects. Everything owned by the DAO and the community of investors.
Avaxholic:
Yess, it’s such a nice introduction
I think that our member are so ready to learn more about Supernova
So let’s jump into the first question 🤗
Vela | Supernova:
Extremely excited! We are going to create something that will be huge!
sure thing, LFG!
Avaxholic:
Sure
Now, we will start with the 1st question :D
1. What are some features that differentiate Supernova from other projects?
Vela | Supernova:
That’s a real good question and I want to clarify it because it’s the most important one
As I said before, we are not just a rebase token project in which people mint, stake and earn. There have been a lot of projects that failed with this model. The main difference is the community.
If community is strong and see what we are doing and what we are going to do, it will be stronger. Strong community means success at 100%. We saw a lot of projects succeeding with poor tokenomics thanks to the community
Okay, now if we are going to be a strong community, we’ll add also technical features.
We will be a DAO with a decentralized “Central Bank”. Only Wonderland has something like this with Abracadabra. We are replicating also Abracadabra adapting something for our case. Our wrapped tokens will be useful as collateral and people will earn by staking and use our stable coin to multiply the earnings
Do you imagine a strong community with real good developers (and great marketers!) what can do?
Avaxholic:
So can you describe for me and our members about the strong community you have said?
Vela | Supernova:
This is just the beginning. In the next two months we are going to be recognized among the main OHM/Time Forks. The Supernova Bank will be massive and who will join early, can really earn stables then by leveraging his position.
In my opinion a strong community is:
have a single vision in the project, in which community and core team work together to achieve the result
• we’d like to see good feedback from investors
• wa want to have respect in the community, anyone can say his opinion without damaging none
• Support the core team. We are working likely 13/14 hours per day minimum.
• We involve the community about the future of the project, as we have already done with the stealth launch day
• We’ll create a snapshot section in which anyone that holds $SN will be able to vote
• We’ll create contest with prizes for our investors
• at the end we want to mix fun and investements, so also NFT will be minted soon to early investors (snapshot date not released but WIP) and a P2E is our final land — something related to the space for sure
sorry if I take some minutes to answer but I’d like to give you all the infos
Avaxholic:
Not at all. We would like to learn the details and clear information
As you mention the community, I know that at the early stage, building a strong and interactive community takes a lot of time.
Vela | Supernova:
Yes, it’s the hardest thing to do in a project. We’ll push to achieve it
Avaxholic:
So the next question for you
2. What are your plans to attract users at the early stage and what makes them stay? For Supernova, what’s the key to creating a strong DAO?
Vela | Supernova:
We are already doing several marketing activities. We are putting our money to adv on all the main platforms and until now:
• AMA here with the best Avalanche community!
• Tomorrow another AMA with another Community (I don’t tell the name but it’s one of the biggest and oldest one). We’ll reach likely 25/30k ppl dduring these days
• Banners on DappRadar
• Banners WhatToFarm
• Already listed on ApeO’Clock
• Listed on OhmForks
• Waiting to start the Banners on OHMForks
• We are preparing some funny contest for our community
• 2 Giveaways on going, another one with NFTs will be done soon
• Discord server almost finished
• Several partnerships with influencer on TW and YT ongoing
• Listing on ApeBoard, CMC, Coingecko
We have committed 12.000$ for marketing purposes, from our pockets. I hope this is recognized as sign of trust! More over we are going to create LP with additional 6.000$
This is just a little part, when we’ll be live and the treasury will get bigger, we’ll use part of it to bring a lot of more exposure on Supernova
Avaxholic:
We’re looking for all your steps in marketing activities
I remember you mention the Wonderland, therefore, I have another question about this
Vela | Supernova:
sure, go ahead
3. Can you explain your purpose for replicating Wonderland?
Vela | Supernova:
We are Frogs. We came from DeFi world and precisely from the Frog Nation. If you didn’t notice, Wonderland is great bc it’s part of an ecosystem. Wonderland+Popsicle Finance+Abracadabra.
We have replicated Wonderland now and then we are going to announce this evening Abracadabra Fork — that’s our Bank
It’s a perfect ecosystem in which everything works all together and with harmony. We are the first one to do it. Among the first to bring Bank with Lending protocol on a DAO
There will be huge things soon, really do not miss out
Avaxholic:
Can you drop a link for those who want to learn more about this?
Vela | Supernova:
The Bank will be live later btw, but this evening we’ll release all the infos! Stay tuned and follow our official announcement socials: https://twitter.com/Supernovadao_fi
Later we’ll create Medium that it’s much more professional
Avaxholic:
Thank you, we will wait for your info
And a next question will be about the P2E demo game of Supernova
4. How do we picture your P2E demo game based on the released NFT?
Vela | Supernova:
We are already envisioning the game. We are collaborating with some game designer to adjust the shot and avoid to make it “too huge”
we want to release an alpha version as soon as we can. Just few infos:
• planets as lands
• starships
• our tokens (stable and SN) useful in the game obviously to add value and uses cases
• the environment will be the space
• VR integration, so not just a web browser game as usual
But let’s see what the community will suggest also! :)
Avaxholic:
Yes, I know your purpose of a community-driven project. I’m so curious about what the game looks like in the future
The last question for you about the long run
5. What does the long-term Supernova look like?
Vela | Supernova:
The future will be bright. In the next weeks we’ll see a lot of DAO disappearing. The reason is simple, they are not community-driven. They were just DeFi project to ape in and earn through a rebase token
We’ll be strong and our treasury healthy thanks to strategic investements and earning from other partner Dapps (imagine our stable on Platypus — I’m in lol)
Avaxholic:
Yes, I believe in the bright future of Supernova
Vela | Supernova:
If we succeed in the short term goal, we’ll achieve the long term. I’m sure and confident. The team is structured, experienced and is working hard. It’s just a matter of months and we are gonna make it
Avaxholic:
How long will it be?
Vela | Supernova:
In my opinion the short term is between 3 weeks and 2/3 month
Later it’s long and we have a timeline of 6 months with a buffer of 2 months
so let’s see
Avaxholic:
Yes, we’re waiting..
And that’s our first part. Thank you for spending your precious time with us, @velasupernova 😘
Vela | Supernova:
Thanks a lot to you all
Avaxholic:
I wish all the best for your team and Supernova ❤️
Vela | Supernova:
For anything you want to go deeply, join our official channels:
https://twitter.com/Supernovadao_fi
Avaxholic:
⭐️ Follow the stars to find out which one will become the SUPERNOVA 🌌
FOLLOW US AND JOIN OUR COMMUNITY WILL BE THE BIGGEST SUPPORT FOR US. THANK YOU FOR READING THIS ARTICLE.
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