Crypto Asset Governance Alliance (CAGA) recently held an illuminating Q&A session, shedding light on various aspects of its project. Here’s a recap of the session along with additional official information:
Airdrop Campaigns
Testnet Phase:
Incentivized CAGA Testnet Campaign: Test swaps and smart contract deployments are rewarded. Bug finders receive incentives.
CAGA Social Campaign: Spread CAGA across social media. Top 10 referrers win additional prizes.
Buy and Hold Campaign: Hold CAGA in your wallet during the testnet phase to qualify for airdrops.
20 Billion Staking Early Access: Early stakers earn rewards from transaction fees and unlock special tasks during the CAGA mainnet phase.
Mainnet Phase:
CAGA Mainnet Campaign: Bridge assets, stake, or hold to be rewarded. Points awarded based on contribution. Referral bonuses available.
CAGA Mainnet Staking Carnival: Stake ETH on CAGA network’s staking dApps to receive daily CAGA airdrops for a year.
Early Access Exclusive Campaign: Exclusive rewards for early access stakers holding assets for over 30 days.
CAGA Social Campaign: Spread the news about CAGA mainnet, refer friends, and stand a chance to win airdrops.
CAGA dApps Grant: Developers can apply for a grant of up to a million for building innovative products.
CAGA Governance Updates:
Lower CAGA Governance Quorum Requirements: Quorum requirements across all categories are lowered to increase community involvement in proposing and voting.
Move 3% from CEX Liquidity to Treasury: Reducing CEX Liquidity from 8% to 5% Token Supply to optimize treasury funds for comprehensive ecosystem growth.
Use Up to 5% Treasury for Attracting Users: Utilizing up to 5% Token Supply for growth purposes, including airdrops and grants, to attract users and developers.
Onboard Joint Venture for Staking: A collaborative partnership is under consideration for managing the staking ecosystem, allowing the team to focus on enhancing the CAGA network and fostering accelerated development.
Q&A Highlights
1. Where to Buy $CAGA Token?
– You can purchase $CAGA on Uniswap DEX or leading CEX platforms like Bitget, Bitpanda, Bitmart, MEXC, and Gate.io.
2. Ambassador Program Launch?
– CAGA has not launched an ambassador program yet but expresses intent to incorporate it in the near future.
3. NFT Integration Plans?
– Yes, CAGA is gearing up for NFT integration. For potential partnerships, inquiries can be sent to partner@cagacrypto.com.
4. Ensuring Trust and Avoiding Scams:
– The project emphasizes trust by renouncing ownership of its smart contract and burning LP. More details can be found in the whitepaper.
5. Roadmap Update:
– CAGA is focused on building the CAGA Network and a robust ecosystem with real-world applications. Check the whitepaper for detailed information.
6. Why Invest in CAGA?
– All investors are welcome, with exclusive benefits for early access staking participants. Details to be announced soon.
7. Airdrop Campaign:
– The airdrop campaign is set to start next week. Stay tuned by bookmarking the site and following social media channels.
8. Q2 2024 Plans:
– NFT integration and GameFi are on the horizon, providing users with opportunities to play and earn with CAGA.
9. Collaborations and Partnerships:
– Actively seeking collaborations with VC partners and dApps developers. Interested parties can send proposals to partner@cagacrypto.com.
10. Future Video AMA:
– The first AMA was a success, and a video AMA is anticipated upon the mainnet launch.
11. Strategy for Non-Crypto Natives:
– CAGA’s web3 wallet aims to be user-friendly, and with support for various chains, it simplifies transactions. The focus is on developing technology to enhance token value.
12. Motivations for Long-Term Token Holding:
– CAGA is currently undervalued, and with the launch of the network, the team anticipates increased demand driven by the token’s utility and network growth.
Closing Thoughts:
CAGA invites the community on an adventurous journey to reshape the future. With decentralized governance, innovative ideas, and stakeholder participation, CAGA aims to redefine the blockchain universe. Join the community and witness the collective growth with CAGA!
