FEGradio Live - CryptoCart and Live Demo of SmartSwap Technology

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so the feg radio live program prides itself in  bringing the best projects developers teams   and guest speakers to the community on air but  the importance of doing your own research cannot   be overstated a project's guest appearance on  feg radio is provided as just one more tool   that investors can use to research projects  before investing in them fed radio and the   fake exchange do not endorse suggest or advise  any of the projects discussed in this program so what you recommend in blunt is buy high and  sell low correct look at that this looks so good   volume it just goes to show like all the different  ideas that he's got planned you know first it's   the exchange you know once that's complete and  that can run on its own who knows where the next   step goes so what either happens is one of two  things either price comes back to that level   or you go sideways like i showed you before no  matter whatever happens it is the market price   you'll know that the packing asset is going  to be forever there and it continues to grow   got in i haven't never looked back with the  highest lows never thought about selling it off   always just staking that's my goal bringing  defy together welcome to [ __ ] radio good morning good afternoon good evening and good  night fec family i am your host panic badger and   this is feg radio live we are here to bring  you closer to the people teams and projects   in the growing fed ecosystem our mission is to  provide you with truly exceptional education   information and exciting entertainment today we  are broadcasting in telegram on fegradio.com and   on youtube we are on every major podcast platform  including apple google spotify and iheartradio   check us out on youtube and don't forget to  like subscribe and hit that bell icon to be   notified of future content we welcome  you to check out the growing roster   of independent radio programs at broadcast on  fegradio.com our hosts bring listeners in the   crypto space fantastic content including gaming  education regulation markets and so much more   we are proud to be the official partner of the  blue couch program they bring projects a fantastic   opportunity to share their stories the blue couch  is broadcast live on febrradio.com and is also   available on most major podcast platforms  check them out today at thebluecouch.net   well welcome everybody to feg radio live it is  of course a huge honor to be here with all of you   i absolutely love being on this program and  getting to to share with the community talk   with you and get your insights get your opinions  and share with you all the great things that are   happening in our wonderful [ __ ] ecosystem today  we have an absolutely jam-packed show we have a   ton of information coming at you during the uh  the first first half of the show we're going   to be going through some big updates and some news  items in the fed ecosystem and we're also going to   be joined by a really really cool uh new utility  that has been uh brought into the fed community   um with a crypto cart we'll be talking with  them about their platform and what they have now   enabled for feg holders during the second half of  the program we're going to be uh sitting down with   deployer destroyer alex or as you previously know  known him as cadet dropkick alex he is part of our   smart defy testing team and uh he has also uh been  been testing and been using uh one of our really   cool technologies called smart swap and we're  going to be doing an in-depth analysis and how to   using that technology we're actually going to  bring up the exchange on screen here and we're   going to go step by step through the process of  how to use smart swap and we're going to really   dive into why it's a really phenomenal piece of  of of tool a phenomenal tool that you can use   to protect yourself in d5 so without further  ado i'd like to go ahead and jump into our   news and announcements we'll uh we'll start off  with our feg minutes this feg minute is brought   to you by fegstats.com if you want to find more  information about the crypto projects that are  

in the [ __ ] ecosystem and you want to see  some of the uh the market movements this is   a great resource fegstats.com we'll go ahead  and look at our uh prices today looking at   the the big picture we have uh bitcoin sitting  at thirty six thousand two hundred and thirty   dollars that's down about two and three quarters  percent over the last 24 hours ethereum is down   about seven percent to two thousand three  hundred and forty five dollars finance is   sitting at three hundred and eighty four dollars  uh and that's up just a little bit more than one   percent inside the fed ecosystem let's look at the  fed token for starters uh we've got the fed bsc at   two thousand nine hundred ninety one dollars uh  per trillion tokens and we have the fed ethereum   uh token at two thousand four hundred and sixty  seven dollars per trillion rocks token bsc is   sitting at 13 865 or 35 and a half bmb that's  up just under 5 and then your rox token on the   ethereum side is up to 4.64 eth or thousand one  hundred and sixteen dollars up almost ten percent   so that is your market minute brought to you  by fegstats.com again go to fegstats.com if you   wanna get some great information about the fed  ecosystem and the prices of the tokens in that   in our ecosystem next i want to bring you a quick  announcement from steve shaw we have a really cool   new um initiative going on in the fed ecosystem  and he's going to tell you a little bit about it   okay this is sticha from feb admin and uh i just  want to announce right now that we've got the very   exciting feg referral bot it went live yesterday  um and this is we're bringing this to you for two   big reasons the first reason is um you can win  easy cash by referring your family and friends   so i will talk through the process uh in a second  and obviously the second the second reason is to   bring new eyes ears and fresh blood uh into the [  __ ] main chat tg and saw two very worthy causes   so right you listen the pin messages in  the main tg and other channels and also on   twitter um and all you need to do is press the  link ladies and gentlemen it's as easy as that   so what have we got right so if you're a gold  gorilla with a hundred plus referrals you know   you win five thousand in a raffle style um pot  on all the people who are 100 plus referrals   that's for gold gorillas if you're a silverback  with plus 50 referrals there's 2 000 um dollars   to be won in that price pot if you're a bronze  baboon this plus 25 referrals um that's a thousand   dollars cash to be won in that price part and if  you're a chimp with plus 10 referrals uh that's   250 bucks right so all you need to do uh ladies  and gentlemen to enter this fantastic contest   is to have a look go and have a look at the pinned  uh in the main tg i think it's three pin messages   back um it's been a busy day with the release  of smart defy website today and everyone's super   excited for that but yeah the referral bot um it's  gonna do great things bring new fresh eyes ears   blood into the main tg just ready for lift off  because we are about to go into the stratosphere   also just to cover some rules and instructions  as the prizes um in the category for the   referral parts will be drawn out every quarter  or every three months and we may bring that to   maybe every four weeks um after that but we'll  see we'll take it as it comes but in three in   three months uh the winners will be drawn out in  a raffle style from each category um so good luck   and you know invite as many people as you can get  as high up as you can and then you have the chance   to win more money um we will be putting out um a  small faq and the links also if you want to check   on your progress uh forward slash stats uh on the  robot command we'll you can see that and we'll   also be posting the links shortly in the faq uh  for you to check the leadership table uh we'll and   we'll we'll get the competitive um juices flowing  so yeah i'd like to to all join all take up this   fantastic competition um fantastic cash prizes  now already um we've managed to get i think hates   820 new members into the main chat in just over  24 hours so that's a fantastic achievement for   the fed referral bot and i'm really excited about  it but one guy is absolutely smashing it right now   and he's on about 211 referrals just himself  so we are going to make a special prize   for plus 500 referrals and that could be  a weekend maybe with some um [ __ ] orgies   um but we'll be announcing that later so  please all take part in this fantastic contest   the feg referral bot get on it now it's an easy  way to earn some cash to buy some [ __ ] and   then you know to the moon ladies and gentlemen so  yeah thanks very much you know all take part this   is a community this is what we do this is steve  cha ferg admin over and out thank you very much all right like steve said the fed referrals bot  is live so if you want to take advantage of that   opportunity go to the address that's on your  screen and just follow the prompts if you are   listening to this podcast it is t dot me slash feg  referral bot go to that website follow the prompts   and you'll be able to get all the information  about how to take advantage of that opportunity   the next thing i want to announce real  quick is the fed radio hardware wallet   giveaway this started on monday and is going  strong we have almost 5 000 submissions so far   this is basically an opportunity for you to  win one of five safe pal s1 hardware wallets   and the winners are going to be announced during  our feg radiothon on monday now speaking of the   feg radio thon uh our fed readathon is our first  birthday celebration that event is going to be   kicking off at 10 a.m eastern standard time  3 p.m utc on monday january 31st we're gonna   have a huge number of special guests games  activities all kinds of stuff that you can   participate in tons of prizes and gifts  to give out so i highly encourage you to   take a look at the schedule once it gets published  it'll it should be published later on this week or   this weekend take a look at that schedule and see  if you can listen in it's going to be a lot of fun   we're going to be broadcasting here in telegram on  youtube and then of course on febradio.com and the   radioline app the next thing i want to talk about  is the faggillionaire event which is actually   going to take place during the feg radiothon  so let's go ahead and take a look at that   who wants to be a fagillionaire a crypto and fed  trivia game show money and glory are on the line   five contestants chosen at random a small  entry fee makes you eligible plus all funds   go to the top prize hot seat rules apply with no  lifelines enter now through january 30th 1am utc so the fagillionaire hot seat event is going  to happen on monday the specific time for that   is going to be announced with the fed radiothon  event but if you want to participate you have to   join in and you have to submit a small  small fee to get chosen and with us today   is charlie he's going to  tell us a little bit about it hey bro how you going thanks for having me  on man absolutely it's always a pleasure   to have you so tell us a little bit about  fetgillionaire we talked about it on tuesday   but for anybody who wasn't here wasn't  able to enjoy that broadcast um talk to   us a little bit about faggillionaire what  is it and and uh what are the prizes like yeah so it's going to be a ton of fun i'm  super super keen to do it i mean i've been   talking about it for a while and been planning  to do something different uh for a while now i   mean i've been doing the cahoots uh on the on  the voice chat and that's been a ton of fun   but i wanted to do something a bit more  concentrated a bit more you know a bit more   sort of high production value in a way you  know get get only about around five people   five contestants so it's a bit more focused  on them not just a hundred people playing   um it'll be just like normal millionaire except  there's hot seat rules so if you're unfamiliar   with the millionaire hot seat you can look it up  on youtube it's the australian version of uh who   wants to be a millionaire it's a bit faster paced  a bit a bit better to watch and more exciting   we have had a few uh entries today so it's uh  reaching around 20 people that have entered   so still not too many people have entered um so  luckily from t perk we have had a nice uh generous   donation of three hundred dollars um so that's  pumped the grand prize up to around five hundred   dollars depending on what bnb decides to do um  but yeah i mean the winner if there is a winner   will uh will take the whole pot and yeah  it should be should be a lot of fun i mean   i'm really excited for it so yeah that's awesome  i'm really looking forward to being part of that   again that's going to happen on monday january  31st during the feb radiothon event and uh the   specific time is going to be posted ahead of time  so you'll know when to uh when you'll be able to   uh participate and or just uh just watch in again  if you want to participate on the screen today   is uh is a qr code you can snapshot that qr code  go to the link you have to submit 0.02 b b or 10  

usdt to the wallet the contestants will be chosen  from the wallets that are submitted is that right   uh exactly right yeah random i'll do it live so  there's no there's no heavy jb's about it you know   i'll put it on a live stream and um i'll choose it  that way i'll put them into an excel spreadsheet   or something like that and get it randomly chosen  that way awesome yeah so entries to uh submit   for the faguillionaire hot seat um competition  is going to be january 30th 1 am utc so   make sure you get your submissions in before then  charlie i i want to say thank you for coming on   and talk to us about a fair billionaire again  it's going to be a really really fun event and   i encourage everybody who's listening or watching  today to take advantage of that and to participate most definitely i mean considering the the  amount of entries and you know there's five   people getting chosen you've got a pretty pretty  high shot of getting to be one of the contestants   and this is the first time we've ever done it's  the first version i've got an nft currently being   made a 3d trophy that will be given to the winner  um so yeah it's going to be really exciting and   hopefully you guys choose to enter it's only 10  bucks um or 10 bucks if you choose to put in bnb   so it's not too much and you can have the chance  to win a lot more than 10 so absolutely hopefully   i'll see you there yeah absolutely thanks again  and again all of the proceeds are going to go to   the winner so uh you know it this is uh we're  not making any money off of this every single   dollar that's uh submitted is going to the top  prize so again thanks charlie appreciate it   if you want to get some more information uh take a  snapshot of the screen that's uh on display right   now um if you are listening to the podcast  or uh you don't have access to that qr code   go to the show notes on youtube or in our podcast  and the links for everything will be there so   you'll be able to uh to take advantage of that  opportunity again thanks charlie we appreciate it next up i want to do a real quick overview of  the feg radio broadcast schedule for this week   um earlier in the week we had holding hands  uh broadcast on monday and tuesday that was   uh their pilot episode in portuguese kicked off  on monday they do their replays on monday and   again on tuesday el crypto refugio is in espanol  uh they broadcast on tuesday and again uh replay   on wednesday uh fed radio live of course  with yours truly is on tuesday and thursday   and then cultura crypto in espanol as well is  on thursday now we do have another uh another   two shows joining the fed radio family uh  one is starting next week and it's going   to be introduced during the feb radiothon event  more information will be coming out about that   but the second one is actually going to be a  little bit different and all i'm going to say   is uh i if you like music this is going to be  your show so more information to come about that   now we do have a special guest with us today and  i i definitely want to reserve as much time as we   can to uh to talk with this team a crypto cart  recently announced that they are now accepting   fed token into their system so with us today we  have uh one of the team members from crypto cart   and uh we'd like to uh to welcome them to the  stage to kind of introduce their platform and   and uh tell us a little bit what it's all about so  welcome to feg radio live this is uh moon pig from   crypto cart hey how are you doing buddy i'm doing  great how are you i'm glad i'm glad you can hear   me uh i'm doing great that's great to hear yeah so  tell us a little bit about crypto cart absolutely   uh we're uh a cryptocurrency token uh that we have  uh the ability uh our whole backstory or sorry   this is my first time doing a live radios can  you tell that words anyways uh yeah we're a   platform that sell that enables people to buy  gift cards and other things with cryptocurrency   uh the idea behind it is that we want to  bring e-commerce to d5 really um the idea   behind that is the ability to buy gift cards  with crypto card we sell uh we offer over 1700   gift cards available across the world and we also  have multiple amazon marketplaces open in a number   of countries as well that's awesome yeah so i mean  you know anybody who's listening to this program   is at least somewhat familiar with defy you know  the idea is to to really grow and expand your your   financial portfolio and to to generate wealth and  uh and value right but then if you can't take that   value and turn it into real-world transactions  then then what's the point right so the uh the   crypto car platform is a very interesting platform  that uh that enables that um it enables you to use   uh d5 projects defy tokens for real world  purchases so on the screen right now   is the crypto cart website cryptocard.cc you can  go there and uh and check it out so to talk to   us a little bit more about you know what are the  the gift cards that are available and then we'll   kind of dive into to how uh fed investors can take  advantage of this absolutely um yeah if you want   to search on the website you can search for any  gift cards that are available if you say you want   to look up amazon gift cards or something like  that is you can type in amazon and it'll bring   up a list of amazon gift cards that are available  um however if you wanted to do something other   than that you can actually sort by country in the  uh left hand top there's an all countries button   if you just click that drop down you can  type in the country that you're available in   doesn't matter you can pick whatever you  want and it'll show you a list of tokens or a   list of gift cards that are available on the site  there this will because it's searching for amazon   it'll only search for amazon in the usa but if  you uh just get rid of the amazon and search again   i believe you will be able to see all of the  uh all the gift cards that we offer for the usa   let me refresh this screen real quick yeah there  you go usa perfect yeah we offer gift cards for   everything right like you can see there's airline  tickets from southwest airline gift cards there   there's a whole bunch of uh restaurants uh of  gift cards available crunchyroll subscriptions   for uh streaming media um we offer the depends  on where the country is but you know there's   like amazon obviously we saw those and uh tons of  other uh gift cards that are available even places   like goldman sachs for uh pricier items as well  as like clothing stores 100 baskets yeah there's   12 pages for the usa alone so it's quite a it's  quite a plethora of gift cards that are available   yeah that's that's fantastic i mean everything you  know lowe's walmart domino's stubhub you name it   it's in here this is very cool so talk to us a  little bit about um specifically integrating fed   token into your platform how does that work right  so if you uh select a gift card and go to check   out um you will have to enter oh the idea behind  this is that there's no kyc on this platform   either so all you need in order to do something is  uh uh an email address and and obviously a wallet   that connects to it we offer the fed token as a  payment option on both ethereum and the binance   smart chain as well um so yeah if you just uh go  to ad card view in the top right this is one item   you click on the little cart icon it'll bring you  to the checkout page um you can then go to proceed   to check out just to make sure this is a to make  sure that you've picked out what you want to   order um you have to enter an email and connect a  wallet i don't want to you know sure yeah have you   do that but once you connect the wallet it'll show  you a list of all of our tokens that are available   um and feg is one of them which we actually just  integrated with you guys last week i believe   yeah yeah this is this is very recent yeah it's  brand new yeah um yeah and the other part of is   we with uh with the integration comes uh when we  uh develop on our website or our develop on our   platform um nft vouchers that we would be giving  to the fed community um so that they would be   able to shop with feg token on our platform and uh  receive a discount using those okay so so what are   the uh you know what what are the kind of the fees  uh like you know is it is this a really affordable   option for people because just traditionally what  we have to do is we have to you know sell our fed   token or whatever token that we have convert it  into usdt and then send that over to an on-ramp   or off-ramp platform and then you know send it to  our bank account um or use one of those you know   like a crypto.com debit card type of thing all  that is a very somewhat expensive option yes the   idea behind this project also is to make things  as easy as possible so uh you don't need to go   through any of that hassle you can use the fed  token uh the transaction uh there's no markup   to the customer for the gift cards themselves the  transaction fees are depending on what the network   is like say you're on ethereum network it's  obviously going to be a higher transaction fee   however i will state uh as a common misconception  that it's going to be tied to like the   like the unit swap swaps on um on ethereum that  is not the case because this is not actually a   swap it's a it's a transactional volume so the  transactional uh interaction with the contract so   the idea is uh the fees are like between five  and twenty dollars i guess for depending on like   the congestion of the network whereas i'm buying  smart chain it's considerably less sure yeah so   uh yeah there's no markup to the consumer um  and yeah that's it's pretty much just uh simple   simple easy fastest way you can do it uh  there's no yeah there's no hassle of having   to go through and do all the conversions that  you just said and bring it to your bank account   in order to order something yeah this is  very cool and so your max denomination is   a hundred dollars so you can do you know 20 30  50 up to 100 at a time and of course you can   you can purchase multiple gift cards for  you know multiple different locations   yeah um what's listed on there that's  specifically to the saltgrass steakhouse one   if you go to amazon you'll see a different set  of denominations each gift card has its own   um set of denominations that they accept so you  can check it out um yeah play around on the on the   site it's really what we want the idea behind  you know even us coming on here is number one   to like let your community know uh that this is  like what this is this integration was all about   and number two just to you know let people  see what they can do on here and they can see   how blazingly simple it is to offer yeah so  you can see here there's all kinds of different   dominations for amazon that's awesome yeah and so  this is this is definitely going to make it easier   for people who want to you know you know either  take take profits and use that in the real world   or you know take reflections because of course  the fed token is a reflectionary token and so   over time while holding the fed token you're gonna  you're gonna earn more and so you can take those   reflections turn it into real world gift cards and  then use it and and you mentioned that there's no   kyc that's uh that's also uh very different than a  lot of these other fiat on and off ramp platforms   yes absolutely the only thing as i said before  you the only thing you need is an email address   um and that's it and so when you when you buy  the gift card you don't receive a physical card   i expect it's going to be an e-gift card to  your email address correct uh what will happen   is once you check out there will be a processing  uh screen that comes up uh once that's done it'll   say your order has been processed give you an  order number uh you will then receive one email to   that email address saying that your order has been  received and is processing and then once it's been   processed which with our automated process now it  takes approximately like five minutes maybe less   um and then you'll receive a second email saying  that the order is complete um and then you will go   back onto the site and it says in the top uh right  there your gift cards you would click on that   enter your email address and you would have to  create a password so you know whatever password   you want to do and it would show up in there as  the digital gift card code sure that's very cool i   would also mention the the other great option with  this that i had just realized is that this works   not only with just online shopping you can  do it in the real world i was speaking the   other day about what you can do and i have  done this is you can go to say walmart to do   your grocery shopping um kind of figure out how  much you're gonna be spending on groceries there   uh when you i wait in the cash and the line  for the cash register and then i uh order a   gift card for say oh it's gonna be about 100  bucks i'll order a 100 gift card by the time i   get to the cash register and check out i have that  gift card um and then they enter it in uh you're   out the door there's no problems there it's it's  seamless yeah this this is really cool this is uh   this is a really cool new utility that's uh that's  coming to the [ __ ] ecosystem and of course for   full disclosure to everybody who's listening and  watching today this is a separate platform from   the fed project so this is not um you know this is  not the fed project itself this is a third party   but this is a very welcomed and very cool  new utility that's that's added um again it   it enables you to kind of bridge the gap between  you know growing your wealth and defy and and the   real world where you need to spend those those  funds you know because at some point we're all   going to have to take profits from defy and use  them in the real world otherwise what's the point   yeah that's what i was saying i mean you got to  take profit at some point and it's nice to be able   to once you know say like when you're up to just  say oh you know what i'm going to treat myself   to a nice you know something that i've wanted on  amazon or something like that instead of having to   worry about oh i'm going to put this money back  into my bank account where it sits and i'm just   going to probably spend it back into crypto  again anyways right um so this way you know it   it enables everybody to just kind of take some  you know take some profit from themselves and   do what they need to do with it very cool  well if people want to find out some more   about crypto car and the uh the options that are  available how do people get some more information   uh you can visit us on our telegram  which is uh t dot me slash crypto cart cc   uh we also are at crypto cart uh crypto cart cc  on twitter as well yeah that's awesome so i would   encourage everybody who's listening and watching  today to take a look at this um you know this is   again this is a great new utility for anybody  who is invested in the fed token uh ecosystem   um and you know that this is also um just  a phenomenal way to kind of bridge that gap   um you know between d5 and and the real world you  know d5 is becoming the real world it is becoming   very much mainstream and so with this type of  new utility we're really really starting to uh to   to grow that adoption and make d5 make more sense  from you know to more people yeah and that's what   we want to do i mean we we like we like what you  guys are doing in your protocol we love the fake   token this is why we decided it was a good idea  to uh talk about integration of the token to show   showcase just how what you kind of utility that we  can bring to any token in the device space as well   yeah absolutely well thank you very much we really  appreciate the the overview this was really cool   and uh you know if if uh if people have questions  i highly encourage everybody to reach out to   crypto car dot cc that's their website of  course go to uh telegram or twitter as well   and the uh the links to all of these resources  are going to be available in the show notes   on both youtube and the podcast so that way  everybody can reach out to you um do you have any   any final thoughts or any closing comments  you'd like to leave with the the fed community   oh just keep doing what you guys are doing guys we  love the uh i love i love the uh the smart d5 that   just came out there it's uh it's pretty incredible  absolutely yeah we're we're actually gonna   um pull that up real quick here in just a moment  and we're gonna talk about that before we get   started with our second half but yeah again  thank you so much for uh for coming onto the   program today we really appreciate it this is  really really cool new utility uh being brought   to the fed ecosystem so thanks again for joining  us thank you for having me hi friend absolutely   all right so that wraps up our first half of the  hour what we're going to do is uh our real quick   commercial break and then we're going to come come  back on the other side of this uh this half hour   and we're going to look at the smart d5 website  and then we're going to dive into smart swap   so don't go anywhere who has partnerships  donations and a robust ecosystem feg that's who   releasing on both bsc and ethereum we've built  an exchange that rivals the rest with our auto   ads pair functionality we make it so coins that  list with us have their holders getting even more   rewards more rewards means no monkeying around  we built an industry first faucet system this   gives holders more fake tokens for practically  nothing with a burn rate of one percent you can   feel great knowing that your tokens value will  go up and up and up with no end to the burn you   know what happens next fake we feed every single  one of our gorillas check us out at banktoken.com we all know people who work day and night on the  front lines to keep us safe firefighters medical   professionals law enforcement service members and  veterans always put us before themselves but many   of these brave professionals suffer from the  traumas of their work we are here to show them   that we have their back the frontline heroes  token is driven to break stigmas and support   those who serve as a smart d5 project we will  make a difference in the lives of those who are   dedicated to protecting us find out how you can  get involved by visiting frontlineheroestoken.com sanctuaries all across africa have come together  to return primates from the brink of extinction   with the pan-african sanctuary alliance uniting  the effort thousands of chimps gorillas and other   animals have received the care they need and the  protection they deserve but now they need our help   let's do our part in helping to rescue nurture and  return these primates to their natural habitats   safe from harm get involved as a volunteer  from anywhere in the world or help to make a   difference today by donating at pasa.org crypto  join us as we support this powerful coalition   born from a shared love of primates and  the determination to protect them forever you are now entering the world of defy  changing the future of cryptocurrency   through next generation technology  bringing d5 together this is feg radio and welcome back to veg radio live this is your  host panic badger i appreciate each and every   one of you for joining us on this episode in the  last half hour we got to talk with crypto cart   who recently announced that they are integrating  with the fed token and uh bringing some really   new interesting utility to the holders of the fed  token so i encourage you to take a look at their   platform and see how that can benefit you during  the second half of this hour we're going to be   looking real quick at the smart defy website uh  it was just launched last night yesterday so less   than 24 hours ago and it is absolutely phenomenal  and after we look at smartdefine.com we're gonna  

be sitting down with uh deployer destroyer  alex and we're gonna be looking at smart swap so let's get let's go ahead and take a look at  smartdefi.com again d5.com this is your one-stop   shop for everything smart defy the website is  honestly just phenomenal the the team who's been   working on this website has put so much effort  into this and uh the the product that they pushed   out yesterday is just phenomenal now this is of  course um just a a place to find information about   smart defy it is not live yet so if you click on  the trade now button in the top right it takes you   to of course the fed exchange but the only smart  defy token that is launched at this moment is the   rocks token that is going to change with time we  will see when some announcements come out as far   as when that's going to happen but i encourage  you to take a look at the website there's just   a ton of information here all kinds of links some  videos some expl excuse me some explanations about   all the different benefits to a smart defy  token you know as far as security and safety for   investors you know talks about the asset backing  it talks about uh deflationary tokenomics   you know it's on and on there's so  much information here so again i highly   encourage you to take a look at it if you haven't  already smartdefi.com it is a wonderful resource now before we get alex into the the broadcast  i'm going to give out a secret code now if you   listen to last week's broadcast or if you've  been looking at the uh save pal s1 competition   or giveaway there is a block in there to put in  a secret code for a ton of extra entries so i'm   going to say this very quietly so nobody hears  me because this is supposed to be a secret code   i'm going to give you the secret code and then you  can enter that and get 20 extra entries towards   that save pal s1 so if you don't have a pen and  paper make sure you come back and watch this   or listen to it again so you can write it down  but the code is this g 5 h m s i g w d d again   that's g 5 h m s i g w d d again that's going  to give you 20 extra entries for that safe pal   s one all right without further ado i'd like to  bring alex onto the stage alex how you doing today doing pretty good panic about yourself  i'm doing fantastic how are you   i'm doing good i was talking to the misses oh  all good all good yeah so so uh so you've been   working uh working hard at getting the information  out about smart swap now smart swap is of course   a feature on exclusively on the uh the feg  exchange and it's a really cool technology   that's actually been out a while but what we  didn't realize is that it has some very unique   properties that make it a really really uh awesome  platform to use for anybody who's trying to buy   you know some of these uh these tokens that are  launching and to do it safely at least you know   with a greater degree of safety so so give us  a real quick overview of what smart swap is   so what smart swap is is technically essentially  a second contract so uh so if you're a part of the   fig x deployed pairs every time you see one a  new token pop up there's a thing underneath it   called the liquidity contract that is a secondary  contract that is actually smart swap itself so   when a token lists on the exchange it actually has  its own code and the lp which is everybody knows   is the liquidity pool has its own now smart swap  is a way to actually interact with tokens without   going through their contract but by integrating  by interacting with their lp pool what this does   is that you can trade internally without having  to number one show a transaction or blockchain   and number two you can trade peer-to-peer  peer-to-peer without that actually showing   on the blockchain as well yeah that that right  there go ahead go ahead i'll go ahead i was going   to say that peer-to-peer is a really interesting  uh um you know feature or utility because you know   sometimes like for example the fed radio program  we have a wallet dedicated to to doing things like   fundraisers or giveaways and so we have a wallet  for the fed radio program but if i want to send   somebody some some winnings and i don't want  them to be able to see exactly what i have in   the feg radio wallets then i can send it via peer  to peer they can go into the peer-to-peer system   and pull out their winnings but they will not be  able to see what i have in the the wallet so it's   a it's a really phenomenal tool that that you know  especially companies businesses can actually use   to protect themselves from prying eyes if you  will exactly because one thing um one thing   people don't think about is you know when it comes  to scammers scammers are out there everywhere you   know it might not be intentionally the person who  won a giveaway or anything like that but that that   has done it but in the case of there are so many  scams and so many airdrop tokens you never know   who's in interacting with what wallet now one of  those wallets happen to be you know happen to be   yours off of a transaction they're reading because  it turns out they will go through transactions   you've been going through because they're trying  to get to every one of your wallets because they   might actually get towards might get to the fake  radio wallet and peer-to-peer insider smart swap   makes it essential for keeping the security of  your wallet you know at pretty much at the big   at the highest point of that because we don't want  we want more people to come in we don't want them   to leave because they can't you know because these  things happen we wanted we wanted to be nice we   wanted to be safe this is the whole you know the  whole idea behind the fig ecosystem absolutely   yeah i mean scam scammers are everywhere you know  and uh there was a recent report by chain analysis   that came out a couple of a couple of weeks ago  um and uh they basically showed that the amount   of money being stolen by uh by scammers and  criminals every year is actually increasing   um you know we we actually this past year reached  14 billion dollars in illicit uh funds received by   uh criminal addresses and that is up um you know  very very much significantly i think it was uh   you know seven or eight billion dollars in 2019  which was the all-time high so it's extremely high   um you know but a lot of that comes with the  growing adoption right there is there are a   lot more people coming into the to the ecosystems  there's a lot more money flowing into defy and so   with that of course it's a it's it's a target  for scammers and so what we're doing like you   mentioned is we're building utility in the fed  ecosystem to kind of help protect people and   now everything that we're about to talk about or  we've been talking about and that we're about to   show you you know this is not going to protect  everybody from every type of scam out there um   what we're talking about are additional tools  that people can use to help protect themselves   and you do have to understand what you're doing  you do have to do some research and understand   what you're what you're investing in because you  know the smart swap system is phenomenal for for   protecting you but if a if a scammer for example  has uh 50 of the entire you know supply of tokens   um even though with smart swap they can't um  they can't stop you from selling or buying and   they can't pull the liquidity because of the fedex  one year liquidity lock even though they we have   those protections in place they can still what  we call dump their their tokens and essentially   drain the liquidity pool by just selling  off their uh their supplies so again this is   a phenomenal tool that people can use to protect  themselves to invest a little bit more smartly and   um you know to to really take advantage of all the  the tools that we have in the fedex ecosystem so i   kind of want to dive into this because you know we  only have about 15 minutes left in the program and   we're actually going to do a a live demo of how  this is going to work so again smart swap when   you enter into smart swap on the feg exchange  you are not interacting directly with the token   um well i'll i'll say that when when you're in  smart swap you don't uh interact with the token in   that in the sense that you're not doing a standard  transaction and so when scammers either set limits   like sell limits on their tokens to make it so  it's a honey pot uh that is not a factor you can   still sell and buy regardless of that they can  also set you know uh transaction taxes of say 99   on a cell that's in effect making it pointless  to sell but that does not apply when you're in   smart swap so i'm going to go ahead and pull  this up and then alex you're going to walk   me through uh how this works on screen so i'm  going to pull up feb x i am already logged in   using my wallets and so we're going to go step by  step walk us through this show us how this works   okay give me a second let me let me show  you right in my screen so i can see yours okay first so you've already  connected your wallet so   first thing you're going to need to do is right  beside uh smart swap there is a toggle you need   to hit that button okay so a new option appeared  here just for anybody who's watching deposit and   withdraw we'll get to that so first thing  is you have to pick put in in from from   and you want to scroll down to we're we're  gonna do i'll go up f b and b that's right   secondly we're gonna go into fig rocks's demo  token his honeypot where you cannot actually sell   we're gonna go over to all  tokens and type in honeypot   right there yeah okay so now this is this is  an actual honeypot that if you tried to trade   on the non-smart swap side you would not be able  to sell no i've tried it earlier it it fig rocks   has actually locked it you once you buy it you  can't sell it yeah so for smart swap you have   you see um you have probably have funds inside  of your inside of your wallet correct i have uh   bep20 bnb i do not have f wrap so we need to go  through that process as well okay go uh so we're   going to do the go bypass this for a second and go  over to f wrap okay so this is yep so for anybody   who's watching or listening the first thing  you're gonna have to do uh when you wanna take   advantage of smart swap is you have to f wrap your  tokens so that's what we're gonna do right now all righty so we're to go into vnb and fbnb correct and we're just going to do a  small amount since it's uh this is just a test   so i'm going to put in 0.1 bnb and of course there  is a one percent tax anytime you wrap or unwrap  

your uh your tokens using the fed exchange  so we're going to end up with 0.099 f b and b   yep so i'm going to go ahead and click wrap and this will pop up if you're using a d  apps browser in your on your phone or tablet   or if you're using something like  meta mask in your browser it'll pop   up and it'll ask you to confirm  it i'm doing that on my phone so i have now confirmed now not to con go ahead  so not to confuse people um not to confuse people   because i know a little um some people who don't  understand the exchange are probably confused   uh might get confused all this so when you trade  uh the reason why you have to actually have fbnb   and go into a liquidity pool versus the aka smart  swap versus buying with bnb all the contracts are   actually paired with fbnb so in order to interact  with their liquidity pool you have to have fbnb   not bnb bnb on the exchange actually is just the  you're interacting with the regular tokens con   regular token contract it still inter interacts  with the lp meaning it actually wraps your being   before you then actually does all the trade  but you're still interacting with the contract   yeah absolutely so you're just basically  doing this manually versus the automatic way   on the normal exchange side so yeah so exactly  looks like our transaction went through our   balance of b and b went down and of course  if you click on the arrow uh in the middle   of the the from in2 it's going to switch it and  so now fb b is showing me a balance of 0.099 it   looks like i'm already getting reflections too  that's pretty cool for anybody who's not aware   when you hold f b and b or f eth or f anything  really it turns a non-reflectionary token into   a reflectionary token so any times anybody uh buys  sells uh or yeah anybody i'm sorry anytime anybody   wraps or unwraps um that that base pair so fb  and b in our case you get a portion of that exactly all right so since every contract  didn't change every contract in exchange   is paired with fbnb um just like i explained  since the bnb is wrapped in the background auto   it means that every single time somebody uses  the exchange um uses the exchange tab they're   essentially actually wrapping their tokens  giving you rewards absolutely yeah so so even   just kind of a sidebar wrapping your tokens your  non-reflectionary tokens like b b or ethereum is   a great way to get some passive income because you  know these tokens are not normally going to grow   if you have one bnb come back 20 years  from now it's going to be one b and b   sure it might be worth more but you haven't grown  it at all whereas f wrapping it's going to grow   with time and it's actually uh again this is kind  of a sidebar but it's actually a really really   nice apy i think the last time i looked fbmb was  about 30 percent apy does that sound about right   yep yeah so uh even uh you know stepping aside  from the the smart swap talk for a second you know   again the the fb and b smarts are these swap  the i cannot talk today the wrapping of your   non-reflectionary tokens is a great uh additional  investment tool um based on the the effect   exchange so all right so we have our fbnb let's go  ahead and continue on what do we have to do next   all right click on the exchange tab all right  the smart swap is still toggled to green that is   the indication for it the green check so you're  going to go into the same thing again from fbnb and you're going to go into fakerox's honeypot and full disclosure we do not recommend anybody do  this unless it is strictly to test this out this   honeypot is specifically designed to be a honeypot  so it is not something you want to invest in   all right all right so in order to interact  with the um in order to get into smart swap   because right now your balance is still  actually showing that you have zero funds   right for f wrap so what we're gonna do is  we're gonna go into deposit and withdrawal okay and you're gonna get shown this  screen so these are deposit withdrawal   uh peter pierre and swat to swap we'll go over  swap to swap later um so we're just gonna go   into deposit so you're trying to actually  buy honeypot token so you don't need the in   you don't need to deposit honeypot tokens so you  need to actually buy it so you need to hit select and fbnb okay all right then you're gonna put  in your total um it's best to actually put in   0.9 0.099 okay the reason why i did that is because the the  blockchain doesn't like the decimals yeah   and again you're seeing that those are those  reflections so even even in the last like five   minutes we've actually started getting some  reflections on this fb b that's pretty cool   so i've put in 0.099 i'm gonna  go ahead and click deposit right now going into smart swap you will actually  get the one percent tax uh the one percent tax   right so it's two percent going  in and two percent going out   uh when you take into consideration  wrapping and then going into smart swap   yep well yeah the two percent all together  because it's one percent and one percent out   up so i'm actually getting a an error that  says nonce too low code 30 negative 32 000.

that's all normally a wallet issue okay happens to me quite a lot honestly just uh   are you of using metamask yeah no i'm using  uh safe pal okay yeah so i get it all the time   i get it all the time on safe pal it's weird it  must be something but there uh just just close the   app and uh and reopen it and it will be fine okay  so bear with us a moment as we uh reconnect this it's normally when you do multiple  transactions really quickly um okay   that's what i found disconnect  just to completely reset this hmm interesting now i'm getting another  error all right um alex if you would uh   give us a little bit of a discussion on  uh the the um swap to swap what that's for   and then you know while i  work out these uh this bug so they swap the swap function inside of the   inside of the pool so essentially when you deposit  f b and b into a pool you are now locking that   if fb into that pool until you take it out so in  order to get into another pool let's say that you   dropped your fbnb into f b b and honey's pool uh  liquidity pool in order to get into another pools   let's say fig's pool which is f b and b to fig you  would need these swap to swap feature in that case   what you would do is you would go over to deposit  and withdrawal go to the s to s and type in feg   into the search bar once the search bar comes up  click click on fig and it'll switch that fbnb from   the honeypot from the honeypot liquidity  pool to the next tokens liquidity pool   okay yeah so anytime you're going to be switching  between the tokens that you're trading you need   to move it over i was able to successfully connect  so i'm going to go ahead and switch this back now   it shows our balance of 0.099  fbnb you'll notice that my total   total balance is down um right here so  that means that it was deposited correctly so if you click out of that screen you're  looking at the actual swap from into   you'll see fb and b i have a  balance of 0.098 and some change   and that is correct because again you had to pay  that one percent tax going into the smart swap yep okay so from here it is go ahead so from here  you are in a regular trade basis of using fig x um   so everything else is pretty much self-explanatory  but um you just go ahead and show them that you   can actually use smart swap to even trade a  honeypot so i'm just going to do a very very   very small amount actually i'm going to do even  less than that because that's a 20 price impact 0.0001 so this is a really  really small amount okay now   just for uh everybody's awareness what  if i don't um what if i choose not to   go through this transaction and i leave my f b and  b as it is what what is the uh what happens here   okay so basically your um basically your f b and b  will stay inside of that liquidity uh stay inside   a liquidity pool it will still receive rewards as  we've seen um show that you showed earlier it'll   still receive rewards the um the biggest issue  or problem is is that once you're inside at the   liquidity pool that fb can only stay there it's  you know if you try to go over to another pool   which is why we explain swap to swap if you can uh  click on that right now the deposit and withdrawal swap the swap so this is uh so  if you wanted to actually move   this fbnb to another liquidity pool because  remember it's locked in this liquidity pool   you have to uh you can't look up the token  that you're on right now oh okay so if i was   gonna move it to say usdt right so  i would collect i would select usdt and so that's right yep and so  you would have to move right   so that's the only way to actually  uh that's the only way to move around   fb that is inside of smart swap because smart  swap is locked into the uh locked into it okay   yeah so so this is actually a better bet if you're  if you're actually trying to use smart swap is to   actually use us usdt as a base pair um because  it's it's not you don't have to worry about   losing it for example because i i did that away uh  the other day just experimenting with smart swap   i actually uh deposited some f b and b in there  and i completely forgot which base pair it was   so now i can't find it so you don't want to do  that um so you wanna you wanna use if you're   gonna do this you wanna use usdt and so that way  you can easily find it in the future and then   if you want to switch it over to a different  pair you can do that with swap to swap easily   right one uh click out of this click out uh all  right where it says two when it says honeypot   one thing i actually like to uh keep in mind  is if i actually click on if i put any fb   into any pair i'm gonna make that pair a favorite  so that anytime i get on the fig x exchange it is   on the my list section so i know that there's  actually b and b inside of it anytime i move it   from s to s i take it out okay so what the way  we do that is by searching under all tokens so   if you click on my list it's only going to  show your favorites in the top couple of uh   of pairs click on all tokens it's going to show  you every token that's available in the exchange   and then type in your search it'll show up  so in this case we're looking up honeypot   we're going to click this icon  right here which is import token now it adds it to my list so now you'll see it's at the  bottom of my list right here so we have fb b selected we have honeypot selected  uh on the bottom of the screen it shows our price   impact which of course is uh is pretty low because  i'm doing a very very small transaction so at this   point theoretically we should be able to just go  ahead and swap because this is a buy transaction   yep okay so we're gonna go ahead  and do that transaction process   and hopefully my wallet doesn't give us any  more issues today okay it seems to like it okay looks like it went through so there you  go it shows the chart on the left hand side of   the screen it shows that there was a purchase i'm  going to go ahead and switch this and now you can   see that i have a balance of 5 billion and some  change honey pot tokens now if you were using the   standard exchange at this point you would not be  able to sell you would get an error because this   is specifically designed like alex was saying  specifically designed to not allow you to sell   and so this is exactly what happens when uh  scammers and criminals try to use uh use these   cryptocurrencies to to scam investors they will  create these honey pots and they will launch them   so you buy in thinking that you're getting into  uh you know a really early start on a good project   and all of a sudden you can't sell and then if  they have say 50 of the the total supply held   in their wallet they can just sell the entire  amount and basically deplete the liquidity pool right smart swap smart swap is a  option to protect you in the case that   and in the case that criminals do actually create  a contract and put it on fake put it on fake x   because it's just a it's just something that  it's just something that happens yeah yeah   protects you but you still have to actually  go into the point of doing your own research   yeah i think that's a really really important  point here because you know we are a decentralized   exchange the fed exchange is completely  decentralized we do not select what tokens list   and in fact we we go to great lengths to make sure  that everybody understands that anybody can list a   token and we kind of want that right we want it to  be easy for people to list a token because we want   the entire world to adopt crypto and we want to  be part of that movement so um you know we wanted   to be easy we wanted to be streamlined and we want  anybody to be able to do it with very very little   interaction with the the feg exchange team right  we want people to be self-sufficient doing this   now um what that means on the other on on  the flip side of that is that criminals   can of course launch these tokens and so like you  were saying alex you have to do your own research   you it is not a good idea to to jump  onto every single token that launches   and just hope for the best sometimes you might  get lucky and catch uh catch an early launch of   of an actual quality tokens uh token but you know  that there is still a distinct possibility that   somebody is has nefarious intent so we just  want to make sure that everybody who's watching   understands that you still have to do your own  research you still want to make sure that there   are you know

2022-02-08

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