We are pleased to announce our next AMA on July 8th 2021 at 02:00 PM UTC Time: Satoshi Club x Coinwind
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Coinwind Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Coinwind Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Coinwind
For more details:
Coinwind Website – coinwind.com
Coinwind Telegram – @CoinWind
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
how have you guys planned to overcome giant companies that are already in existanance and whats the plan on globalisation of this project ? and any plans on launching in bsc chain which is a bit reliable than eth?
Even while there are communities without access to real banks, aka the unbanked, CoinWind’s made it plain that its goal is to construct a DeFi digital asset bank, however, how do you plan to engage people who have little or no experience of banks? How will you incorporate them?
CoinWind and CryptoCoon announced a strategic partnership early this month to collaborate on ecosystem building, technology sharing, and marketing activities; Is there a specific benefit that CoinWind will gain from this partnership? Besides, what do both projects have in common?
Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Can you tell us about your current partners ? what kind of partnerships with different projects/platforms/protocols can we expect from Coin Wind in the future? and what users or investors stands to gain from these partnerships ?
What is the ultimate vision that Coin Wind trying to achieve within the cryptocurrencies market ? Obviously the whole space will experience huge growth in the upcoming years, but what role would you like Coin wind play in this ?
How do you convince users that the Coin Wind project is a high-quality and long-term project ? Is there any special product or Flagship features from your project that you think it will generate profit for investor ? Could you please share a few reasons to convince users and investors to invest in Coin Wind For the long term?
Has any audit been done to your project before ? how secure is to use your platform ? is there any security standard from your platform ? tell us about adopted security measures ? what steps will you take so that your security can last in the long term ?
Insurance for crypto becomes important when you consider the instability of the ecosystem. Theft and malicious hack is a real risk and investors are showing strong demand for asset protections. How do you keep Coin wind platform safe for Investors ? can you tell us about what security system do you have to guarantee privacy and protection to your users and investors ?
Who are your targeted audience and customers ? What regions do you target specifically or are there any restriction to users ? Some other projects or protocol can copy the real word items too. How can you make sure it is only represented by your project ?
THE DEFI UNIVERSE IS EXPANDING AT A RAPID RATE EVEN WITH THE CRISIS OCCURRING AROUND THE WORLD. THERE ARE SO MANY DEFI PLATFORM IN CRYPTO WITH A VARIETY OF FUNCTIONS AND ADVANTAGES, WHAT ARE THE SPECIAL PRODUCTS OF YOUR PROJECT THAT CAN ATTRACT USERS AND INVESTORS, CAN YOU EXPLAIN ABOUT THE FLAGSHIP FEATURES OF YOUR PROJECT THAT CAN COMPETE WITH OTHER DEFI PLATFORM ?
How can the community contribute to the progress of Coin Wind ? Do you have a Governance model ? Is there any ambassadors or bug bounty or contest that we can assist in so as to enable further adoption ?
What is your strongest advantage that you think will make your team leading the market ? In contrast, what is your weakness ? How do you plan to overcome it ?
CoinWind aims to build a bank of DeFi digital assets, launching a product that combines high performance, pooling tokens and then mobilizing them to participate in different meanings of liquidity. How do you integrate these values to provide greater scalability to the project?
Even while there are communities without access to real banks, aka the unbanked, CoinWind’s made it plain that its goal is to construct a DeFi digital asset bank, however, how do you plan to engage people who have little or no experience of banks? How will you incorporate them?
I read that the CoinWind Platform ($COW) will launch the MDEX IMO on May 25. I think CoinWind is a smart mining and betting platform. My question is why did I choose CoinWind to stake my tokens? What benefits will the holder receive?
You have mentioned CoinWind’s contract has passed two security audits. According to the website, FAIRYPROOF and BEOSIN are your auditors. However, where are the audit reports? Do you have any special reason to choose these two companies? What were their comments? Did they identify any issues? Please explain about their recommendations to enhance the security if there were any. When do you make these information available to the investors? Further, audits are not enough to ensure the safety of the funds. What do you do against impermanent losses? Do you have any plans to face a bear market situation?
ETH is the most popular ecosystem whereas BSC is becoming popular due to low fees. However, CoinWind originated from the HECO chain. Normally, projects are built on ETH or BSC and are connected to several chains in due course. Conversely, why did you choose HECO at the beginning? You should have originated from ETH or BSC before expanding to HECO. Did you notice any special features in the HECO chain? Further, are you planning to land on some other chains in the near future?
You have informed the community to migrate to COW mining pools from MDX pools ASAP. Is this compulsory? When is the deadline? What is the difference between COW strategy and MDX strategy? Why did you introduce COW pools when MDX pools are functioning properly on your platform? You have indicated that users can get higher profits by switching to COW strategy. What is the method of calculating profits according to the COW strategy? How does it differ from MDEX? What is the underlying mechanism of distributing better rewards by COW strategy? Are you going to remove MDX strategy from your platform? What are the disadvantages connected to MDX?
On April 19th, it was an interesting time as you took us round the details of Coinwind. During the AMA session, you described Coinwind as a Heco and BSC ecological mining platform that accept 14 single token mining on HECO chain and 13 single token mining on BSC. However, you promised that you will launch and replicate this intelligent mining on other chains. True to that, I have seen that by July 8 which is today, you will be launching on Ethereum Chain. Also, You said that there was no need for governance or platform token since you will operate as a saving bank where users will deposit asset and you pay them interest. But I have seen that you have now decided to launch a DAO governance. Does this mean you will now have your own platform token? How will your governance be structured? How many tokens will users be able to use for intelligent mining as you launch on Ethereum? Which other chains are you also targeting? Kindly update us on some of these events and any other interesting happenings since your last visit here.
Coinwind is currently available on Heco Chain and BSC Chain. These chains became more popular especially with their very low gas fee offers. However, lately BSC Chain started to be more expensive than a few months ago. In fees on BSC Chain keep increasing, would you think of migrating to another chain? Ethereum is offering Layer-2 solutions which minimize the gas fees. Will it be possible in the future to see Coinwind on Ethereum Network?
One of the innovative feature you have added to your protocol is Liquidity Hedging which you said can automatically hedge Liquidity pools and sells pool assets off during unfavourable price movement so as to counterbalance the influence of impermanence loss. What combined mining strategy do you use to automatically monitor pool products and LP price in order to decide when to auto-sell liquidity assets when creating LP hedge? How will users use this Defi financial management tool in order for them to be able to achieve the highest possible available profits?
It is no secret to anyone that the mining of cryptocurrencies such as BTC or ETH have a great environmental impact on a global level due to the large amounts of electrical energy that is necessary to be able to mine them, which greatly increases CO2 emissions. Coinwind refers to itself as Defi Ecological Smart Mining Financial Platform, I would like to know how Coinwind through the mining of its tokens represents a much lower risk for the environment compared to other projects of greater wingspan. And what characteristics of your platform makes it possible that despite being a cryptocurrency mining platform, you are also eco-friendly?
I was looking at some of your upcoming project plans and I found out that you plan to expand on the present $COW application scenario. You are exploring more product innovative functions and one of such function is to combine NFT ecosystem to empower Coinwind. Which areas of NFT applications are you considering and how will you create roles that NFT can be used for in Coinwind? How possible will it be for you to create and release your own rare NFTs which users can use to access some specialised pool that can provide high yield for owners of such NFTs when they are used to access such dedicated pools?
Many investors suffered from Impermanent Loss while they were Liquidity providing with 2 coin pairs. Coinwind offers single token mining. In that case there will be no impermanent loss scenario but will there be any other risk? It is quite obvious single token mining has more advantage over LP but what are the disadvantages and risks of single token mining?
There are some coins which investors prefer to hold always to join IDOs and Crowdloans. That’s why, single token mining can be very beneficial for these investors. However, available tokens for single token farming in Coinwind is limited with a few coins in Cow and MDX pools. How fast do you plan to add more tokens for single token farming?
CoinWind had partner with CryptoTycoon a Defi gaming platform that participate in game yield farming and NFt collections. One of your reason for this collaboration is to build an eco-system. My question is what kind of infrastructure is CoinWind building for it’s community?Is CoinWind planning on having its own NFTs collections?What kind of NFTs collection will be created? And how will users mint their NFTs or use their NFTs to access some pools on your platform? Thanks
There is a section in the CoinWind Medium that is called the CoinWind Academy Series. What topics do you address in that Academy? Do you address only topics related to CoinWind or topics from the entire crypto space in general? How do you select the topics that will be addressed by the Academy? Can we propose and send suggestions of which topics to be covered in upcoming sessions?
In your article,it is stated that CoinWind as a DeFi intelligent financial platform,cooperates with the strategy of hedging impermanent losses to maximize user benefits, effectively solving the risks of low user single token pledge income and LP impermanent loss problems. My question is,What strategies does CoinWind plan to used to reduce or even completely avoid the impact of impermanence loss?If an impermanent loss do occur will one have to provide liquidity to a stablecoin pool, to reduce the risk of volatile price swings?Or will one have to earn enough through trading fees and liquidity mining to balance out the losses?
I recently read that CoinWind and HECO jointly organized an airdrop event for their community, to continue empowering the HECO chain. Is there still an opportunity to participate in that airdrop or is the application deadline already over? What are the steps and requirements that must be met in order to participate in the airdrop? Is it a requirement to be previously holders (from a specific date) of $COW token in order to participate?
On March 29th, CoinWind launched on its platform a new feature called Reinvestment Strategy, Can you please tell us what this Reinvestment Strategy is and how will it function in your platform?How will investors benefits from this new feature?Can you also tell us the calculation method of this Reinvestment? I really want to know. Thanks
With COINWIND, it will be really necessary to constantly cancel gas rates throughout the reinvestment period? How accessible is the theme of gas in CoinWind? How do you help your project to users to cope with this that usually disturbs many users?
I was reading about the gas fees charged by CoinWind, and you mention that if we are trading on the BSC chain, we need to prepare a small amount of BNB in our wallet in advance to use it as the gas fee for the transaction. That amount you mention is 1-2 BNB. We know that one of the advantages of the BSC network is how cheap it is, why is it necessary to have that amount (approximately $600) in $BNB in our wallet?
Among the problems to which CoinWind provides a solution, there is one that stands out, which is, that it offers more professional project selections and mining strategies to maximize the rate of return. How is the project selection process? You mention that the CoinWind process is more professional, why is that? Who is in charge of this selection process? Why do you consider that the selection process is more professional compared to other platforms?
From June 30th to July 13th, CoinWind and HECO held a joint airdrop event to continue to empower the HECO chain. What are your expectations for this airdrop? As I understand it, it will be distributing 5,000 $COW, I would like to ask you, what are the applications that users will be able to carry out? Also, since the airdrop is five days away, can interested parties still participate in the airdrop? If yes, what are the steps to participate?
I read that CoinWind has a hedging strategy against impermanent losses, I would like to know a little more about this strategy, could you tell us, how CoinWind avoids impermanent losses and will become one of the main optimal platforms for mining income?
Since April Coinwind launched its DeFi smart mining platform, it was before the great involution of the crypto market due to the the complains about the energy consumption of Bitcoin mining activities, can you tell us how has affected this red market situation to CoinWind? How do you plan to contribute to make your products more friendly for the environment?
Your smart mining platform will generate revenues that can be exchanged every 5-10 minutes. Anyways can you tell us why did you decided to create this mechanism? How is it advantageus for investors?
CoinWind is compatible with HECO and BSC main chain ecology mining, could you tell us about the reasons that led you to start with these two chains, I know that later you will continue with ETH, but why didn’t you start with this last one?. also could you tell us, what other chains do you plan to integrate much further on?
Coinwind works almost like a bank, since after depositing crypto, you get interest back, I’d like to know if for crypto newbies, like myself, this is safer and more rewarding than regular staking and farming? How beginner friendly is your platform, do you have any demos on how to use it? Also, you can be considered a new project, since you launched less than a year ago, but you have already amassed such a huge following, this adds to your credibility, so, please let us know, what are the long term benefits of using your platform, and what are some of you visions, for, let’s say, the next 5 years.
For new investors, do you offer some kind of rating or listing on your platform, that shows users which coins or tokens have the highest APY? Also, I’d like to know how frequently you can withdraw, or check, your rewards? Is it a monthly, or weekly thing? How safe is your platform for crypto beginners?
Banks are inaccessible to a high percentage of people around the world, and the features you offer are of the same nature, but better, if I may say so. So, do you have any plans of marketing towards those who are unbanked, and offer your platform as an alternative option to traditional banking? Also, how eco-friendly is your platform? Does it have the same effects on the environment as mining?
Within the marketing plan, is there a program for influencer, developers or ambassadors?
Your most recent partnership was with CryptoTycoon, can you give us some details about the plans for your work together? Some people are mentioning that crypto projects are dying, do you consider is that true? How is Coinwind making a difference?
On your most recent weekly report it says that the total user revenue is $98,429,957.62, so incredible numbers … I want to be part of your users but I’m not so expert and I really don’t now where to start, do you have a guide for beginners? What investment choices do you recommend the most for low-experienced users on CoinWind?
Within your platform, there’s a big difference between HECO and BSC’s return rate, in fact there are many differences between the both chains like gas fees, even the incomes the users can receive, so, can you summarize the advantages of using HECO or BSC? For what users is HECO or BSC more suitable? And can you tell us if there’s any plan for adding new chains in the future?
Can $COW token holders decide which tokens will be added for mining in CoinWind in the future? Can that be decided through the governance process? You mentioned that adding more tokens and supporting more chains are always the goal for coinwind. How do you screen high-quality projects for users and good investment targets?
The HECO chain is where CoinWind got its start.Could you tell us what the benefits and advantages of using the HECO chain in Coinwind? Do you think that is suitable for your project? Because most projects are typically built on ETH or BSC and eventually linked to multiple chains. Do you intend to migrate to any additional chains in the near future?
On July 1st, CoinWind and CryptoTycoon reached a strategic partnership. Being CryptoTycoon a DeFi gaming platform based on BSC and CoinWind a DeFi smart mining financial platform .. how will you combine both projects which are in two different fields, to achieve a common goal?
I understand that currently CoinWind is compatible with the Heco and Bsc network, and that in the near future they will involve the ETH network, but do they really already have a tentative date of when they will incorporate it? And also do you think after expanding to a network that is not compatible with EVM?
You point out that CoinWind will significantly reduce unpredictable losses in liquidity withdrawal through a combination of strategies, but could you really tell us more about this “strategy”? And also, how will it solve this problem that affects all of DeFi?
If the rates in the BSC network are really so low, why would CoinWind require users to have a minimum of 1-2BNB in order to carry out operations? If it is as a means of guarantee to always be able to make withdrawals, then why is not 0.5BNB enough?
It strikes me that in all your website and your docs, they do not mention NFT tokens, they really do not incorporate these tokens as part of their products? If so, could you explain why?
I could read that in the small farms of CoinWind the cryptocurrencies placed through a smart contract will be automatically matched, but could you really tell us what do you mean by “matching”? Could it be that they will control in some way its volume or its value in the market?
Could you really explain to us why the income from single token participation and LP mining is settled in MDX, instead of a stablecoin or the project’s own native tokens? Will it be to provide any additional or passive income?
You mention that one of its advantages is that only “a sample of income can reduce the occurrence of non-permanent losses”, but could you really explain what you mean by non-permanent losses? And how do they limit and affect investors on other platforms?
I read on your website that until July 13 you can participate in a $ 5000 Airdrop, but do we really still have the opportunity to participate? And if so, what requirements will we really have to meet to participate?
Going through your social handles and and other related documents, Coinwind in partnership with other projects, has been involved in various community programs and give away events ranging from; airdrops, collaborations, mining events, launches etc., with various monetary compensations attached. With such programs, Coinwind has been able to attract a considerable investment and following. Consequently, how has such events and competitions been of immense benefit to your community especially to a first time investor, and asides such programs, what other marketing avenues does Coinwind employ to get investors, and how has these events helped to promote your smart mining services since inception?
CoinWind will launch a product with high performance, security and reliability… tell us about the methods or strategies that guarantee these three points mentioned (performance, security and reliability), tell us which internal or external evaluations allow you to corroborate that your product before being launched to the public will be what it promises?
CoinWind exposes different farms where users can participate and start earning, but could you tell us, what would be the competitive advantages of the farms in your platform, how competitive will be their APY, how will improve the rate of return of each coin in the group. also could you tell us if you have some kind of guide that you can share with us about your farms?
Coinwind currently supports a number of wallets for it’s mining operations and asset transfer. Notable amongst them are; Metamask, TokenPocket wallet, Bitkeep wallet, Huobi wallet and CodeBank wallet. These identified wallets will need a certain level of user configuration and set up to make then ready for the intended use. Therefore, does Coinwind provide a guide and procedure to setting up and transferring assets to these wallets, would Coinwind consider the addition of more wallets to handle assets between both it’s HECO and BSC chains, and is Coinwind open to the possibility of developing it’s own wallet in the future?
I was reading about the APY single token mining on BSC and HECO that are incredibly high, can you tell us what are the main processes that can lead your platform to offer the highest apy rates in the market? Are all your features for single token mining or will you add other modalities in the future?
Gas fees is a greater concern for investors, but CoinWind uses Huobi Heco Chain and Binance Smart Chain which theoretically has very low gas fees, but BSC can be more congested than HECO and their unit price of GAS can be higher. So, can you tell us what will be a good initial investment for having no worries about fees on each chain? And does CoinWind charges an additional fee than the required for the blockchain to deposit / withdraw funds?
Even though there are communities without access to traditional banks, referred to as the unbanked, CoinWind has stated that its goal is to build a DeFi digital asset bank. How do you plan to engage people who have little or no experience with banks? What are your plans for incorporating them?
While reading some of your most recent monthly reports, I saw that CoinWind has grown its Chinese Telegram Community to 2,547 members; nevertheless, when do you aim to reach out to Hispanic groups and other continents? Is there a country on which you’re now focused?
With respect to transactions on it’s platform as it concerns mining and staking operations, Coinwind claims it only charges gas fees on deposits and withdrawals. Though I noticed that transacting on the HECO chain, the gas fees are considerably low, but that is not the same situation when it comes to BSC transactions, as the gas fees appears to be considerably high. Therefore, why does this disparity exist on transactions with BSC, and how does Coinwind intend addressing this? Still talking investments, the Coinwind contract is said to reinvents the income generated by mining into high-yield projects. Can you shed more light on this process?
Coinwind offers an airdrop of 1000$, per 50$ to 20 lucky winners partnering with Blockchain beauty. How do I join to this airdrop? Do I have $COW tokens in my wallet to participate the airdrop? Will there be nore airdrops in future & how will we notify about upcoming Coinwind airdrops?
You have mentioned, the gas fees are incurred even in users deposit $COW just like Binance smart chain. So how does Coinwind charge gas fees in deposits & withdrawals on HECO chain & BSC ? What is the minimum value of $BNB & $HT , user should have in their wallets to make transactions ( withdrawals & deposits)? What about in reinvestments, Will you charge gas fee also in reinvestment plans? Can you tell us the purpose of these gas fees, Are they only for validators/miners? Or will you use portion of gas fees or transaction fees to development & marketing purposes in Coinwind platform?
According to the Coinmarketcap details, Coinwind has 3 contract addresses on Ethereum, BSC & HECO chains. So this means, is $COW compatible with Ethereum network? But I couldn’t discover any details in Coinwind website regarding that $COW is compatible with Ethereum network. So please clarify the relation with Ethereum network. Will you make $COW on more blockchains to expand the mining process on more users in future? Can you present latest Coinwind weekly report to us to be informed the progress of Coinwind Project?
A.
Question: Can you explain the utility case for this token?
B.
Question: Is the Liquidity Pool (LP) locked?
C.
Question: What’s the marketing plan for COIN WIND? How do you intend to spend the marketing funds?
D.
Question: Is the contract renounced?
Why should I choose $Coin Wind over other tokens when there are many new DeFi tokens? To protect most small investors, holding an average amount of $Coin Wind what anti-Whale measures or mechanisms does Coin Wind have to prevent manipulation of the $Coin wind market price?
What is the use case of Coin Wind token? Can you tell me what is the incentive for market demand of Coin wind ? Can you convince us about long-term potential increase in $Coin wind market value?
I attempted to open your medium but it shows me Page Not Found. Is it possible that your medium has a bug? When are you going to fix it?
Coinwind appears to have a lot of giveaways some are finished. How did you organize the giveaways? Will there be any additional giveaways in the future?
Through a combination strategy, CoinWind products will effectively reduce impermanence loss in liquidity mining. What type of combination strategy are you referring to, and how will it reduce impermanence loss in liquidity mining?
What will be the future of coinwind?
Why do coinwind need smart contracts just for authenticating a transaction?
What is your relation between your electronic money and your economic growth.
I noticed claim airdrop button on the coinwind website. Could you please share the details how users could participate in this airdrop. Are we still early to join up and win some prizes? Thank you!
Please tell us more about the compounding mechanics. I read that 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. Why did you decide to do it so often, does the accumulated yield cover the gas fees? I can’t believe it can even with the low BSC fees. Thank you!
Coinwind has MDX and Cow pools and you advertise that Cow pools have higher yield. Are these based on the beefy finance integration or does Cow mean something else? How do these pools guarantee higher yield than the MDX pools,is it a temporary boost that will decline over time? Thank you!
I read that Coinwind is a smart mining financial platform which work for BSC and HECO project, could you tell us the reason why Coinwind choosing BSC and HECO as we know there are much chain like polkadot, solana, eth? Do you have plan to reach other chain in the future?
I see that you have 2 pool BSC and HECO with so many token project inside your platform, since im new in cryptocurrency also not familiar with your project, can you give an advice which mining pool that popular or have the high APY that you can suggest to us ? Btw how are the calculation APY for all of your mining pool?
I understand that Coinwind is a mining platform for a HECO and BSC project, but what are the requirement if i have a project and want to join with Coinwind? How do you check or filter which project that healthy or not? Can you tell us how the checking process from the beginning to end?
How is calculated the gas fee per transaction in CoinWind, and how much of it is to reward the miners? In your FAQ it is asked why does the platform take so much fee when using BSC, so how much is the fee in this case, if that blockchain is usually one of the most cheaps to use?
The APY for BSC is over 600%, and HECO 200%, so my question is, how do you manage to offer such a high APY for BSC users, and why is it 3 times higher than in HECO?
CoinWind offers three types of mining: (1) single token-HECO version, (2) single token-BSC version, and (3) liquidity pool mining. What is the purpose of creating so many mining versions? Why didn’t you just focus on one mining tool? Could you please explain the differences between them and provide tutorials on how these mining operations work?
According to your website, CoinWind and CryptoTycoon have formed a strategic partnership in which both parties will collaborate on eco-system development, joint marketing activities, technology sharing, and so on. Despite the differences between the two ecosystems, what are the unique tools you will create to combine the two fields? Also, what specific benefits will CoinWind gain from this collaboration?