Crypto cold wallet ELLIPAL recently hosted a Live AMA with smart yield optimizer CoinWind, giving plenty of advice and information on smart DeFi investing and how ELLIPAL maximizes wallet security and convenience.
Ceecee for CoinWind and Film from ELLIPAL gave the lowdown on each projects' USP (unique selling points).
Positioned as a smart decentralized finance management platform, Coinwind is not simply just an aggregator tool, CoinWind focuses on optimizing users’ yields. Ceecee gave insight into CoinWind's USP, specifically how it optimizes users' pledged tokens to earn income. With smart contracts that implement strategies like hedging against impermanent losses, CoinWind finds ways around low revenue issues from singe token mining and reduces the losses that can come from impermanent losses on LP mining.
"For our platform, we are always thinking of how to maximize returns for our users. We even automatically reinvest the profits that are being made. We don’t just let the income lie idle in the LP pool. Every 5 - 10 minutes, we automatically invest the incomes into high-yield projects and this process continuously repeats. Incomes are efficiently used to generate optimal profits." - Ceecee, CoinWind PR
Film explained how ELLIPAL's "air-gapped" feature was one of the biggest security features on their cold wallet, allowing for it to be a 100% cold wallet, and their security measures against supply chain attacks (hacking attempts as the wallet is in transit to users).
"To stop this, we’ve added an anti-tamper feature to the ELLIPAL wallet to make sure we detect attempts to tamper with your wallet. If your wallet is tampered, we then shutdown your wallet and make it unusable. That way, you never use your tampered wallet and your funds don't get accessed by anyone else but you. When you get ELLIPAL, you are already protected from the beginning, not only at the point of receipt." - Film, ELLIPAL Wallet
Check out the full AMA here, or on Twitter (if you're willing to endure the connection delays on the stream!). Don't forget to LIKE and share if you'd like to pass on these useful tips and info.
CoinWind
Website: https://www.coinwind.com
Twitter: https://twitter.com/coinwind_com
English Telegram: https://t.me/CoinWind
Chinese Telegram: https://t.me/coinwind_cn
Medium: https://mdex.medium.com/
ELLIPAL
Website: https://www.ellipal.com/
Twitter: https://twitter.com/ellipalwallet
Medium: https://medium.com/@ellipal
Reddit: https://www.reddit.com/r/ELLIPAL_Official/
Facebook: https://www.facebook.com/ellipalclub/
Github: https://github.com/ellipal
YouTube: https://www.youtube.com/channel/UClfY7g0xVWG3YBvxA8cMtxg
Steemit: https://steemit.com/@ellipal
