AMA session for Chinese community in Yuyan Studio

9 min readApr 28, 2021

Today we had another AMA session for the Chinese community! It was hosted in Yuyan Studio!

This was a great ama session and we are happy to share it with you!

1- Please introduce yourself, as crypto project creators

Vladimir Tikhomirov

My name is Vladimir, I’m a Co-Founder of Rubic, I have a Ph.D. in Computer science. Our team has been in crypto since 2017, focusing mostly on development. We have built many projects collaborating with the top leaders like NEO and Binance. We have won TRON accelerator, Grant from WAVES and Matic (Polygon). Created the most popular smart contract builder — Mywish.io. Now we are working on Rubic project.

Alexandra Korneva

I am Alexandra, Co-Founder of Rubic, PR and Marketing manager, there are more than 7 years experience in this area under my belt, and I have worked globally with different crypto projects such as Cointelegraph, Blockshow, Cryptofriends, NEO and many others. I have been working in crypto since 2017 too.

2- How could you describe Rubic? We would like to know more about your project!

First of all, Rubic is a unique DeFi project. We are the first Multichain DEX that combines different services in one place. Rubic lets its users interact in real-time with several blockchains and perform various actions like instant trade or exchange.

We believe that every blockchain has some features that distinguish it from others and that every one of these networks has unique functions that are useful for some users. Rubiс’s goal is to allow users to unite all of these blockchains in one place so they would easily swap between them and do that in one place — Rubic.exchange.

Some of our users already call us Amazon/Expedia of crypto and we love that. In the nearest future, we will become an ultimate simple solution for users of any blockchain.

At the moment Rubic already provides a one-stop solution for BSC, Ethereum networks, partly for Polygon but all of our team is working hard to unite all of the blockchains in one place for the convenience of users.

3- Recently you have announced a Rubic’s bridge, do you have more information about it?

Currently, there are not so many cross-chain solutions between BSC and Ethereum. Panama Binance bridge allows swapping only a specific list of tokens through it.

But for Rubic, it is essential to connect different blockchains and that’s why we have created our own Rubic bridge between these networks.
At the moment our bridge allows users to swap RBC/BRBC between Ethereum and BSC. This bridge helps users to complete fast transfer of RBC/BRBC with really low fees.

Recently we have also started a program of Rubic custom bridge service.
It allows users to create their own custom bridge between Ethereum and BSC. In the future will allow creating these solutions between any network.

4- Could you tell us more about the Iframe widget you are currently developing? Why do you

There are A LOT of new users in crypto and most of UX suggested by the CEXs and some DEXs are too complicated for them. Rubic UX allows any users to understand easily how to trade and transfer their assets.
Our iFrame widget will allow any project to integrate Rubic.exchange to their platform in order for users to complete a trade in one click without the need to leave the website. Widget will also allow completing cross-chain swaps and will have full functionality of our website.

One more important feature of our widget is that Rubic will allow projects to set up their own token as a custom token for swap. This helps users to avoid scams and rug pulls

5- What can you tell us about the routing process for each transaction on Rubic? Will it be possible to use cross-chain swaps in the routing process?

Rubic as a DEX aggregator has implemented a routing process to get the best rate for gas fees between 2 different tokens via other DEXEs.

Our own Routing solution already helps users to complete swaps cheaper than on Uniswap. This happens because Rubic routing is considered the gas price while making a most profitable route.

Every other DEX makes a route without counting gas prices for this route. But our routing allows users to get a max benefit out of a trade.

For example, you can trade 1 RBC to USDT on Uniswap and pay 56$ for that, or it’s possible to use the Rubic routing system and pay 37$ fees.

In the future, our routing system will also consider completing cross-chain swaps while making routes. For example, users will have several ways to swap their ETH to USDT. The first way is to swap it in the Ethereum network and pay high gas. The second way to complete this swap Ethereum to RBC, then use Rubic bridge and pay a low gas fee for swapping BRBC to USDT.

6- You are currently working with Metamask for wallets, right? Concerning RBC services access, do you have an official wallet app?

Indeed, we are currently working with metamask. Very soon, we will integrate other wallets, starting with Coinbase.

A Rubic official wallet is not an issue at the moment.

7– Could you tell us more about the Anonymizer feature?

Private trading (anonymizer) is a feature that brings confidentiality for those traders who want privacy. Some people, for example, famous traders, whales, or big project leaders would like to complete swaps in an anonymous way. Projects would like to reward their workers without sharing information about that, or famous trades doesn’t want to people to know which assets he is planning to buy. In all these cases Rubic Private trading will help them to do that
We are absolutely sure that this technology is going to be a breakthrough in the crypto space.

8- What are the functions (usage scenarios) of Rubic’s token RBC? What is the current specific distribution proportion?

RBC is the fuel for the Platform, we had charged some fees in RBC on Rubic, at the moment we have reduced the fees. In the near future, you will be able to pay in RBC for all cross-swaps on Rubic and for fees.

Also, we have a Staking campaign for LPs and it’s popular among our community. The next one will be in the mid of May

The distribution:

66% of tokens on the market after-sale

8% of tokens were directed at conducting marketing and bounty campaigns. 4% of tokens were frozen for 4 months.

10% of tokens are reserved for the team. All tokens are locked, and every 3 months they will be unlocked by 2% (over a year).

8% of tokens are distributed to MyWish holders and will be unlocked every 3 months by 2% (over a year).

8% of tokens are allocated for Uniswap/Pancake Liquidity

At the moment the Circulating Supply is 100,400,000 out of 124,000,000

9- Where can I buy RBC? What are your plans for RBC listing on CEX/DEX?

You can easily buy RBC on rubic.exchange, wrapped BRBC$ on BSC, Pancake, and all that you will be able also to do through rubic.exchange.

We were recently listed on Gate.io.

- Rubic: https://rubic.exchange/

- PancakeSwap: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x8E3BCC334657560253B83f08331d85267316e08a

- Gate.IO: https://www.gate.io/myaccount/deposit/RBC

- Uniswap: https://app.uniswap.org/#/swap?inputCurrency=0xa4eed63db85311e22df4473f87ccfc3dadcfa3e3

- Probit: https://www.probit.com/app/exchange/RBC-USDT

- CoinGecko: https://www.coingecko.com/en/coins/rubic

- CMC: https://coinmarketcap.com/en/currencies/rubic/

10- Did you work with Chinese projects before? Are you planning to make more partnerships with them?

Rubic’s team has been in crypto since 2017 and we are always trying to make partnerships with Chinese projects. Since then we have already worked with NEO, EOS, Binance, and other major Chinese crypto projects. Recently we have also participated in DeFiBox AirDrop. We are planning to list it on major Chinese exchanges, at the moment RBC is already listed at Gate.IO and we are keeping in touch with Heco.
Soon we will also start the process of integrating the Tron network into the Rubic ecosystem.

The questioning session has officially started！

-Recently, the field of NFT has developed rapidly. Does Rubic have any idea of introducing NFT into the protocol? Can you be specific?

NFT is not in focus right now and we feel that initial hype is declining, let’s see what will happen next after Binance NFT Platform launch. Potentially, we can sold NFT by using our smart contracts.

-Will there be specific ways or scenarios for RBC tokens to be enabled? For example, the agreement would require ecological parties to burn RBC?

Yes, burn is one of the most attractive option for us. Staking Liquidity and/or Burn are the most probable ways for our token

-What are the enabling functions of RBC?Is there deflation?

The main goal: make the project which generates revenue for all the holders: fees for cross-chains, instant trades and limit orders. If the project features have good demand — the token will be fine. You can see BNB as an example with their burn strategy

-Don’t wake me up: Does Rubic exist legal risk because anonymizer is unable to audit?

100%. It MUST be aundited by top auditor’s company before launch. We are working on it

-Partners in the Chinese community are very very enthusiastic. Do U have any benefits or anything special to say to us?

Thank you! We are also very very excited to build a Chinese community! At the moment China is already on the third place that uses Rubic.exchange and we plan to grow it bigger. That's why we have regular AMAs on Wechat and will have more activities for the Chinese community.

-See the introduction, will this project use cross-chain bridge in the future? Can you explain it in detail?

Yes, Rubic integrates almost all existing bridges for providing the best experience for the users. Also, we have our own solution (in collaboration with MyWish) which uses Validators/Relayers for any tokens swaps. If you know any project which needs to create a Wrapped token for any blockchain — please let us know :)

-Rubic will focus on this track or have other layout plans in the future. What kind of investment opportunities do we individual investors have?

We have a live products with “millions” volumes. Everyone can contribute by using uniswap/pancake if he likes our roadmap and team

-So far, apart from obtaining investment from well-known institutions, what other well-known projects has Rubic cooperated with?

Just some of them: Binance, Polygon (ex.matic), Dash

-Eight percent of the token allocation is given to the holders of MyWish. What does it mean and how does it be held?

Right, MyWish holders will receive RBC during the year.

The snapshot date will be done on:

⁃ 15 Dec 2020

⁃ 15 Feb 2021

⁃ 15 May 2021

⁃ 15 Aug 2021

You can ready how more details here — https://mywish.io/news/RBC_Airdrop_for_WISH_Holders

-Hello, what’s the reason for us to participate in the project? What advanced features of the project make it ahead of its competitors?

Thanks for the question. The main features are: cross-chain between almost all blockchains, Trading widget for integration in any site, Private trading on any DEX by using Anonymizer and… best rates thanks to DEXes integrations

-Will Rubic work with the liquidity platform to increase the depth of the transaction?

We do not have our own Liquidity pools, using others DEXes. As for $RBC Liquidity, it’s more than $7M

-Does Rubic have any plans to go to the top three in the future

If you mean top 3 projects in the world — hopefully, yes, we are quite ambitious and we know that there are some features that we will release and they will disrupt the industry [Smile]

-AnySwap also has a cross-chain bridge, so how does Rubic compete with it?

We are not fighting, all solutions are welcome to the Rubic. Our goal: ONE PLACE for all blockchains and all DEXes, including cross-chains swap solutions. However, our cross-chain solution is used by many tokens already and we think it’s the better one on the market

-Rubic has more advantages than a simple DEX platform, but DEX security is the most important. How can Rubic guarantee its security? Can you explain it in detail?

We do not have our own Liquidity Pools, we are combining the existing DEXes mostly. And you can use DEXes which are most trusted for swaps

-What mechanism will Rubic use to attract investors? What factors can make the later investors actively join in and believe in a long-term project, so as to further promote ecological development?

The best answer is our product and roadmap for the next month or 2. We believe that our features rock. You can try it now on rubic.exchange