Dear CoinW users,
CoinW will launch the first phase “Lock CWT to Stake DeFi” at 14:00 (UTC+8) on Sept 3, with annualized yield 50-1000%. CoinW will put the equivalent amount of the locked CWT funds into DeFi liquidity staking, and will airdrop the yield 100% to participants. The DeFi liquidity staking project selected this time has passed the strict audit standards by CoinW Research Institute to be proved as safe, widely recognized and profitable DeFi liquidity project for investors.
Rules:
Lock Currency: CWT
Lock Period: 15 days
Annualized Yield: 50-1000%
Staking Currency: SUSHI, YFII, CRV
Start Time: 14:00 (UTC+8), Sept 3
End Time: 14:00 (UTC+8), Sept 18
Fee: no fee charged during the service, and the gas fee generated during the operation is deducted from the yield
Distribution: the investment yields will be adjusted according to the actual yield situation, and the previous day’s yields are distributed the next day
Purchase Details:
Total Quota: 1000000 CWT
Per Share: 1000 CWT
Individual Quota: 1-10 shares
Participant Quota: 100-1000
Background:
Recently, the concept of DeFi (decentralized finance) has become unprecedentedly hot. The number of DeFi applications and of staking tokens have ushered in explosive growth, which has also led to the rapid rise of the concept of "liquidity staking", igniting people's enthusiasm in corresponding DeFi projects. Especially in the early stage, some DeFi liquidity staking has made the 2000% annualized returns come true, but it is also full of various unknown risks, such as smart contract risks, oracle risks, black swan risks, and it is uneasy to select high-quality projects from miscellaneous DeFi liquidity staking projects, standing a high threshold for ordinary users to participate.
Therefore, in order to respond to the needs of users, ensure the safety of user funds, and lower the investment threshold for ordinary investors, CoinW starts the “Lock CWT to Stake DeFi”. CoinW will put the equivalent amount of the locked CWT funds into DeFi liquidity staking, and will airdrop the yield 100% to participants. The DeFi liquidity staking project selected this time has passed the strict audit standards by CoinW Research Institute to be proved as safe, widely recognized and profitable DeFi liquidity project for investors.
Terms of Service:
The [DeFi liquidity staking] services provided on this page are supported by a third-party HyperFin;
The refund is not allowed during the process because of the high operating cost, and the loacked CWT will be unlocked by airdrop when it ends;
The yield of DeFi liquidity staking will rise and fall depending on the currency market price, so the actual investment yields are distributed according to actual situation.
CoinW Team
September 3, 2020