Defi Ecological Income Optimal Platform on #Heco and #BSC
All questions answered by Musk
Lola(AMA HOST): Can the team of Coinwind Say hi?
Musk: Hello, Lola and BSC.NEWS community
This is Musk from CoinWind
Lola(AMA HOST): How’re you doing?
Musk: I am good, thanks for asking
Lola(AMA HOST): You’re welcome Musk 😎
Musk: how about you
Lola(AMA HOST): How has been work too?
Musk: yes, is 10 PM my local time, haha
work from 10 AM to 10 PM
there are some major events we are planning
Lola(AMA HOST): Haha! That’s quite late though
Musk: busier than usually do
Lola(AMA HOST):Hope you’re ready for the first session
Musk: is alright, i got used to
Let’s go
Q1. Can you give us a general introduction of you and Coinwind? Could you tell us your role in the project?
Musk: Sure
Hello everyone, thank you for organizing this AMA event and all participants. This is Musk, the head of the CoinWind community. I am mainly responsible for CoinWind’s ecological business construction and community outreach.
Speaking of CoinWind
CoinWind is a DeFi intelligent mining financial platform that automatically matches the pledged tokens through contracts, and cooperates with the strategy of hedging impermanence to maximize the user’s income, effectively solves single token mining low income problem, and the impermanence of LP mining Risk issues such as large losses.
CoinWind aims to build a DeFi digital asset bank, launching a product that combines high-yield, safety, and reliability, pooling different tokens deposited by users into different pools, and then mobilizing funds from a certain token pool to participate in different liquidity meanings, so as to achieve higher profits for users.
CoinWind products will effectively reduce the impermanence loss in liquidity mining through a combination strategy. At present, CoinWind has launched on Heco and BSC, then will run across multiple main chains such as ETH.
Lola(AMA HOST): That’s good to hear.
How has been your experience so far
Musk: is good, it is challenging, but doable
Lola(AMA HOST): Great
Q2. On your website we have the single farms and Lp farms. Can you tell us more on these features?
Musk: Yeap
nice question
First, let me share how does CoinWind work
CoinWind can automatically monitor the pool LP price and the constant product to complete the hedge, which can ensure that impermanence is minimized.
For example, when the price drops, there will be more BTC in LP and less USDT, and we will automatically sell the corresponding BTC in exchange for USDT.
In addition, CoinWind has a very special feature: reinvestment feature
The income generated by current user mining is in the LP pool without any use, which causes the funds to be idle and does not maximize their value; on the other hand, the mining income is lower than in the past. In order to increase user revenue, we have added a re-investment function.
So how does the contract realize the reinvestment? Every 5-10 minutes, the contract will invest the income generated by mining into high-yield projects, and the new income generated will be reinvested again, which can improve the efficient use of income funds and reduce the manual reinvestment of users. Costs in terms of capital (miner fees) and time.
After the reinvestment, the project yield will increase by more than 40% on the current basis.
In addition, the most critical point is to mbinanake a supplementary explanation: as time goes by, the return on reinvestment will get higher and higher.
At the same time, I also suggest that you do not frequently withdraw the proceeds from CoinWind in the future.
Lola(AMA HOST): Wow! Counwind really has a lot of good stuff in store for the community
Q3. Can you tell us more about how Coinwind works generally?
Musk: Heihei, we are trying our best to privide users with the highest mining APY
sure
First of all, CoinWind mainly solves the following four major problems:
1. Lower the threshold for investors to participate in DeFi mining;
2. Solved the problem of low profit rate of single token participating in mining in DeFi mining;
3. More professional project selections and mining strategies to maximize the rate of return;
4. Screening audited, well-known, popular, and relatively reliable projects to ensure the safety of funds.
Regarding how to achieve high mining returns, you can refer to the machine gun pool logic, but our biggest difference is in the underlying strategy of the protocol. The core competition is how to maintain a high liquidity mining yield to attract users to provide liquidity pools.
At this stage, MDEX is the main mining base. Users only need to invest a single coin, and the smart contract will automatically match the high-yield liquid mining capital pool for mining. In addition, CoinWind helps users to hedge automatically through a combined mining strategy.
Q4. What are the benefits or Reward in Coinwind ?
Musk: In a simple way to explain: stake your single token or LP to earn with $MDX rewards
here are the supporting tokens
LP Minings
HECO Version
BSC Version
those are from yesterdays’ daily reports
just want to share the general idea of APY for different minings on CoinWind
CoinWind Current TVL is around $2.8 ZBillion
you can start mining here:
Lola(AMA HOST): Q5. How does mining work in Coinwind?
Musk: Haha, i believe i have answer that in the early questions, but i do want to share how to participate in CoinWind minings
Currently, CoinWInd Support HECO and BSC versions
at the same time, support single token mining and LP minings
here are some tuporials fro all types of minings
CoinWind Mining Tutorials — Single Token BSC Version
CoinWind Mining Tutorial — Liquidity Pool Mining
CoinWind Mining Tutorials — Single Token HECO Version
Lola(AMA HOST): Great. This will be really Helpful.
Q6. Can you tell the Community why you decide to partner with Math wallet?
Musk: yes
After all, CoinWind is a DAPP, which will need users to operate on a wallet or on PC
MathWallet is a solid wallet app, and has huge amount of fans. also, it supports many different chains, such as BSC, HECO, HSC, ETH, etc…
CoinWInd now only support BSC and HECO, but in the future, will support more chains. Since MathWallet has already support mayn chains, there wont be more issue when CoinWind supports more chains
CoinWind decides to partner with MathWallet, coinwind could provide great defi dapp and Mining servies, and Mate wallet could provide with users. is a win win partnership
Lola(AMA HOST):
😎👍
Q7. Can you share with our community the plans you and your project have for this year and the coming years?
Musk: Support more Chians , more single token minings, and more tyoes if LP minings.
We have a dedicated financial team that will continue to screen high-quality projects for users and screen good investment targets. After internal evaluation, more mining tokens and more quotas will be released one by one.
At the same time, our tech team is working hard to intergrate CoinWind to more different chinas.
since we are dealing with Billion level assets
we will move forward carefully, but we won’y stop moving forward. each decision will be a huge decision when it is a billion level asset management thing
Lola(AMA HOST): And is there a particular time this will be happen?
Musk: for a new chain, prehaps will be next month
Lola(AMA HOST): All right.
Q8. What are the major challenges of Coinwind and how do you intend to solve them?
Musk: There are two main development paths for CoinWind in the future, which are also CoinWind challenges
One is to continue to deepen the Heco and BSC main chain and expand the pool, quota, and token covered to allow more token holders to participate;
The second is to launch on other main chains, such as ETH, OKT, so that there will be more high-quality projects and pools for mining.
For community users, we will open up more tokens and quotas for everyone to invest; at the same time, we also hope to continuously optimize strategies, improve products, and create higher returns for the majority of users.
Q9. Share with us all the links about Coinwind, so that readers can find out more and also follow the development of the project.
Musk: okay
🌐 Website:
Telegram: @CoinWind
every one, please join CoinWInd now! for high apy minings!
🔥 Announcements: @CoinwindNews
📚 Medium:
Lola(AMA HOST): Thanks for sharing Musk
I believe the Community would surely check it out
Q10. Lastly our favourite question, do you have any alpha or juicy news for us in BSC News today?
Musk: yea
yes, i do.
speaking until now, i only mentioned coinwind supports minigns
i havent mention anything about any token
Correct
because CoinWInd has not issue any token yet
the news i want to bring to the bsc news communtiy is
CoinWind will issue a native token soon!
with 2 weeks
i cannot share the exact data and public sale place yet
bsc.news is the first community that knwo about this news
remember, coinwind is dealing is 2.7 billion USD crypeo assets
when we launch a native token, the assets and mining quota will carry out the token amount and values
follow coinwind twitter and telegram for more news!
the exact data will be revealed soon
Lola(AMA HOST): Wow! That’s really good to hear. We await this
Source : bsc.news
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