❓FAQ

1. What is BaoBao Protocol?

BaoBao Protocol is an innovative blockchain platform designed to distribute crypto giftboxes, with the aim of expanding the application of cryptocurrencies. It enables the distribution of cryptocurrency giftboxes, allowing users to possess digital assets and increasing the influence of cryptocurrencies.

2. What is the purpose of BaoBao Protocol?

All users can use BaoBao Protocol to send and receive crypto giftboxes, experiencing the ultimate gift-giving experience directly in Telegram chat rooms. Senders can also utilize advanced features of BaoBao, such as customizing giftbox covers and DID (Digital Identity), to enhance marketing efficiency.

3. Can I use my own external wallet to send and receive BaoBao's crypto giftboxes?

Currently, only the built-in Web3 wallet in Telegram is supported, and external wallets cannot be connected to use BaoBao.

4. Do I need to pay gas fees to claim the giftboxes?

No, claiming giftboxes does not require any gas fees. The received giftboxes are temporarily stored off-chain, and gas fees are only required when withdrawing them to the blockchain.

5. Can I send giftboxes with any cryptocurrency?

Users can send giftboxes with any tokens supported by the BaoBao Protocol on the blockchain. However, if a specific blockchain is not supported by the BaoBao Protocol, giftboxes with tokens from that blockchain cannot be sent.

6. How can I withdraw the received giftboxes?

In the BaoBao bot, you can check your balance and initiate a withdrawal. After paying the gas fees, you can withdraw the received giftboxes to your Telegram wallet.

7. Which chains does this giftboxes tool support? What assets can be used?

• Currently, it supports the BNB Chain and Polygon.

• Presently, you can use assets like USDT, USDC, BUSD, BNB, BTCB, oeve, etc.

• If you have a requirement to add new assets, please contact us.

8. Do I need to create a cryptocurrency wallet first?

• No, when you activate our Telegram Bot, a Web3Wallet within Telegram will be automatically created for you.
• This is a decentralized wallet; we do not hold your wallet, ensuring the security of your assets.

9. Where are the assets from the claimed giftboxes?

• The assets from the claimed giftboxes are stored in the "BaoBao Balance," and can be withdrawn to your Web3Wallet at any time.
• The BaoBao Balance can also be used to directly send giftboxes.

10. What is the validity period of a giftbox?

• The giftboxes issued is valid for 24 hours. The amount from any unclaimed giftboxes will be returned to the "GiftBox Balance."

11. Can I directly transfer cryptocurrency from my Telegram Web3 Wallet to my BaoBao Balance?

• Currently, direct transfers from the Telegram Web3 Wallet to your own Giftbox Balance are NOT supported.

12. Why is it that sometimes I can choose to pay the gas fee with BNB, and other times I can't?

• When withdrawing USDT, USDC, BUSD, BNB, and BTCB from your BaoBao Balance to your Telegram Web3 Wallet, the gas fee must be paid in the same cryptocurrency being withdrawn.

13. What happens to my cryptocurrency if withdrawal fails? What should I do next?

• No need to worry, your cryptocurrency remains within the contract and is not lost even if the withdrawal fails.

• Simply transfer sufficient BNB to your Telegram Web3 Wallet to cover the gas fee and proceed with the withdrawal steps.