CoinWind LP Mining Launched

I. Introduction

Liquidity Pool (LP) mining is a high-yield product provided by CoinWind. Users can provide the liquidity of a token pair in the corresponding DEX. The DEX issues LP Token to the user. Then, the user can deposit their LP Token into CoinWind corresponding project to obtain revenue, and the generated revenue will be reinvested every 5–10 minutes to create higher revenue for users

Advantages

1. Save time and effort; the contract will automatically reinvest at regular intervals according to the strategy to reduce the number of user operations; the miner fee generated by the reinvestment will be borne by the platform, saving users’ miner fees；
2. The income from deposit and withdrawal is automatically collected, and the compound interest income will be higher;

II. Supported LP Token Pairs and corresponding APY

Supported LP Mining Token Pairs (HECO Version)

Supported LP Mining Token Pairs (HECO Version)MDX-WHT
WHT-USDT
MDX-USDT
WHT-HUSD
HBTC-USDT
ETH-USDT
HBTC-ETH
HBTC-WHT
HFIL-USDT
WHT-ETH

Supported LP Mining Token Pairs (BSC Version)
MDX-WHT
BTCB-USDT
ETH-BTCB
ETH-USDT
WBNB-BTCB
WBNB-ETH
BTCB/BUSD
MDX-WBNB
MDX-BUSD
MDX-USDT
DOGE-USDT

III. FAQ

Why is the value of the deposited LP Token changed?

Due to market fluctuations, the number of currencies deposited in the LP pool changes accordingly. The value at this time is calculated according to the value formula: total LP value = TokenA quantity * TokenA price + TokenB quantity * TokenB price;

IV. LP Mining Tutorial

CoinWind Mining Tutorial — Liquidity Pool Mining | by CoinWind | CoinWind | Apr, 2021 | Medium

· CoinWind Website (Start Mining)

· CoinWind Twitter and Telegram Channel (For the latest news)

· CoinWind Telegram Community