CryptoBooster x Coinwind AMA Recap on July 12th

Updated: Jul 27, 2021


Part 1 — introduction and questions from the Twitter retweet

Car Marz | CryptoBooster:

Are you guys ready, in a few seconds we will start our second amazing AMA here at Cryptobooster

🔥🔥🔥🔥

Today we have with us @Musk_CoinWind, and we are honoured to have you here with us

Musk丨CoinWind:

Hello, this is Musk

Thanks Car for the hosting

Thanks for the inviting

Car Marz | CryptoBooster:

Let’s go 💥💥💥💥

Today with us we have CoinWind, a HECO and BSC ecological single token mining income optimal platform. The contract automatically matches pledged tokens to maximize all users’ incomes with a minimum hedging free loss strategy. It effectively solves single-token mining low profit and LP mining loss risk problems.

It is a pleasure to have you here with us today Sir 😃👍💪🏽

Welcome. Could you please tell us a bit about yourself? What did you do before CoinWind and why did you choose to work for CoinWind?

Musk | Coinwind:

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.

I will end each answer with a sticker

Car Marz | CryptoBooster:

Thank you, let’s get to the interesting part without further delay 💪🏽💪🏽 we want to learn more about your amazing project

Let’s start with Twitter questions, very juicy ones…

Musk | Coinwind:

Cool

let’s go

Car Marz | CryptoBooster:

Q1: Could you tell us more about CoinWind and its recent updates? In other words, what does CoinWind do?

Musk | Coinwind:

Nice question

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 HEOC and BSC, then will run across multiple main chains such as ETH.

Car Marz | CryptoBooster:

Great stuff, we all know that IL can be a pain.. and we really need solutions there 💥💥🌪🌪🙌

Second coming….

Q2: What are the advantages of Coinwind to other alternatives?

Musk | Coinwind:

Okay

CoinWind advantages & features

High Yield

Smart Matching

Risk Hedging

Withdraw Anytime

i think those are very self explain

easy but powerful

Car Marz | CryptoBooster:

Ohh yes, that was certainly coincise precise and to the point.. easy answers to difficult questions this is what we like and exactly what we need, thank you…

Third one on its way..

Q3: CoinWind is currently one of the most popular single-token mining platforms on the market, so what logic does CoinWind use to achieve high mining profits?

Musk | Coinwind:

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 yield farming 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, MDX and COW are the main mining bases. Users only need to invest a single token, 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. The impermanence loss in liquidity mining maximizes revenue while minimizing impermanence loss.

Car Marz | CryptoBooster:

Thank you for this one too, very good answer.. 🙏

Our forth one from Twitter….

Q4: How does CoinWind avoid impermanence losses and become one of the leading mining income optimal platforms?

Musk | Coinwind:

huuu, very specific

The CoinWind team themselves have been focusing on the direction of blockchain DeFi and contract development. After the Heco main chain became popular, we quickly studied the current ecological value and determined the direction of empowerment. The CoinWind team completed the development, audit, and launch of the contract in more than one month. For other projects on the market, many projects are only positioned as machine gun pools, just using users’ token to mine which is not responsible for the impermanence of users. We are positioned as a DeFi financial management platform, not just a tool aggregator.

The previous question also mentioned a part. When users come to CoinWind, they only need to invest in a single token. The smart contract will automatically match the high-yield liquid mining capital pool and help users automatically hedge the impermanence of liquid mining through a combination of mining strategies.

In addition, CoinWind’s own funds will maximize the reduction of the impermanence of LP pools through liquidity hedging, so as to ensure the highest profit for users.

CoinWind currently has many advantages such as maximum revenue, single currency mining, avoidance of impermanent losses, selected mining projects, simple operation, and high security. CoinWind will switch funds to higher-yield DeFi projects for liquidity mining, providing our investors with higher mining returns.

Car Marz | CryptoBooster:

What an answer, impressive.. All people who did LP know how painful IL is and we look for solution.. Here we seem to have a powerful one.. Amazing 🙌🙌

Now, still one twitter question to go…

Q5: What exactly does CoinWind do for “liquidity hedging”, can you give me an example?

Musk | Coinwind:

let’s go

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.

Car Marz | CryptoBooster:

The more we hear about CoinWind the more we love it, thank you so much for these great explanations… 👍👍

Now we go to the second part of this AMA, live questions….

I know you all love this one 😃💪🏽

Musk | Coinwind:

Yes

haha

I am excited about it

Part 2 — live questions from the Telegram community

Q1 from telegram username @sleepdip

Can you list 1–2 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?

Musk | Coinwind:

one important feature of CoinWind is re-investment

First of all, let’s talk about why we need to reinvest. 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 mbinanace 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.

Q2 from telegram username @starshades007

What is the strategy used by Your Project to attract new users and investors and keep them in the long term?

Musk | Coinwind:

let me share with you some of the CoinWind short and long term plans

Let me first share with you our key events in July:

1. First of all, it is the most important thing this month, and it is also a milestone for CoinWind. On July 8, CoinWind will launch on the ETH chain and start a new journey. Don’t miss the double benefits!

2. CoinWind will launch a multi-language version, which is expected to support Russian, Turkish, Japanese and Korean, so that friends from more countries can join the CoinWind team

3. This month we will also focus on optimizing the miner’s fee to reduce the miner’s fee to a lower level

Regarding the future development plan of CoinWind, it is mainly in the following aspects:

1. CoinWind will run across multiple main chains, such as Matic, OKchain, Solona, etc., to cover more user groups.

2. CoinWind will launch DAO governance. The COW repurchase and destruction plan, DAO governance plan, and token holding dividend plan are already under design

3. CoinWind will continue to optimize the single currency matching LP strategy and hedging strategy, docking more high-quality underlying assets to increase user profitability

4. Continue to explore more product innovation forms and explore more COW application scenarios, such as combining the NFT ecosystem to empower CoinWind.

Our goal is to build a digital asset bank with a DeFi ecosystem.

Q3 from telegram username @xiaoke_ai

Is it difficult to use COINWIND in an existing infrastructure, do you have to follow certain rules to be able to use it?

Musk | Coinwind:

here you go, here are CoinWind tutorials, choose the suitable one as you want

CoinWind Mining Tutorials — Single Token HECO Version

https://medium.com/coinwind/coinwind-mining-tutorials-heco-version-466afff80c6d

CoinWind Mining Tutorials — Single Token BSC Version

https://medium.com/coinwind/coinwind-mining-tutorials-bsc-version-dc2da8d60f10

CoinWind Mining Tutorial — Liquidity Pool Mining

https://medium.com/coinwind/coinwind-mining-tutorial-liquidity-pool-mining-a61db9def774

Q4 from telegram username @karofi192

What do you think is the key to the success of COINWIND in the future, have you prepared many plans and plans for the future? What is the ultimate goal value that you want to bring to the user?

Musk | Coinwind:

There are two main development paths for CoinWind in the future:

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.

CoinWind will launch on the ETH chain on July. We will access to Uniswap and SushiSwap.

Overall, we will provide liquidity on uniswap. You can freely trade CoinWind platform Token-COW on uniswap.

Special reminder: The contract address of COW on Ethereum is 0x34965f73Cfa05Bf8d8aF37cB4af64Fa950605Ea8.

Beware of fake coins.

In order to celebrate the token win on Ethereum, we specially prepared 2 benefits for all CoinWind users, and everyone is welcome to participate actively.

One is the $50,000 airdrop event jointly organized with CoinMarketCap. This event will last for several weeks. You only need to complete some general tasks-followed Twitter, join the Telegram group and others to earn with $50 of COW tokens as rewards.

The other is the 7-day limited time event we held on the CoinWind platform. We have to set up a creative pool. When the TVL reaches an order of magnitude, the pool will double. Everyone can participate in any of the 7 coins.

Q5 from telegram username @SonGoKuKa

Do you have any Coin Burn / BuyBack systems or any Token Burn plans to increase the value of Token & attract Investors to invest?

Musk | Coinwind:

we will release an upgrated version of roadmap, which contains more details about the token burn, etc..

please feel free to follow CoinWind for latest updates

🌐 Website: https://www.coinwind.com/

🐦Twitter: https://twitter.com/coinwind_com

🔥 Telegram: @CoinWind

🔥 Announcements: @CoinwindNews

📚 Medium: https://medium.com/coinwind

Car Marz | CryptoBooster:

Thank you so much for that… I can imagine it must have been very difficult to select the questions

a lot of great ones, and amazing answers from your side 💪🏽💪🏽

now an important one, maybe the most important one 😃🙌

Where can we find CoinWind latest update?

Musk | Coinwind:

Twitter: https://twitter.com/coinwind_com

Telegram: https://t.me/CoinWind

Announcements: https://t.me/CoinwindNews

Medium: https://medium.com/coinwind

Also there are severial ongoing events

i would like to share them here

https://twitter.com/coinwind_com/status/1412626596993724416

1000 USDT airdrop, come and join now!

https://twitter.com/coinwind_com/status/1412349621670613000

$5,000 worth for token aridrop!

https://twitter.com/coinwind_com/status/1411958771346075649

CoinWind X HECO Airdrop- 5,000 USDT worth of COW token

Car Marz | CryptoBooster:

Wow that is really incredible…

thank you for telling us about all these amazing opportunities for the community…

So guys now you know why you have to come to AMAs here with us, you can lean a lot about reward opportunities from amazing projects… what would you want more 😃

Thanks a lot for being with us today, CoinWind is amazing and it has been great to have you here

If you want to stay with us, here you are most welcome.

Musk | Coinwind:

thanks for the hosting

Car Marz | CryptoBooster:

Thank you Sir 🙏

Part 3 — Quiz Results

For the third part, Multi-Chain Team asked the chat 4 questions about the Coinwind:

Q1: Which token can you get at CoinWind mining?

Cow

Q2: Which one is the closest CoinWind TVL?(C)

A. $9 Million B. $90 Million C. $900 Million D. $9 Billion

Q3: Which one is the closest COW (BSC version) single token mining APY?(B)

A. 10% B. 100% C. 110% D. 150%

Q4: Which one is the curect CoinWind Telegram group?(A)

A. https://t.me/CoinWind

B. https://t.me/CoinWind_com

C. https://t.me/CoinWind_BSC

D. https://t.me/CoinWind_HECO

For more information and future AMAs, join our Social Media channels:

Telegram Channel: https://t.me/multichainstar

Twitter: https://twitter.com/CryptoooBooster

Our partners:

Twitter: https://twitter.com/coinwind_com

Telegram: https://t.me/CoinWind





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