CoinWind Mining Tutorial (HECO)— CodeBank

CoinWind
CoinWind
Published in
4 min readMar 24, 2021

I. Project Introduction

CoinWind — Heco Ecological Single Coin Mining Profit Optimal Platform

  • CoinWind is a DeFi intelligent mining financial platform that automatically matches the pledged currencies through contracts and cooperates with the strategy of hedging impermanent losses to maximize users’ benefits, effectively solving the problem of low single token mining revenue and LP mining risk issues such as impermanence and large losses.
  • CoinWind aims to build a Defi digital asset bank, launching products that coexist with high-yield and 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 flows according to the strategy Mining, so as to achieve higher profits for users. CoinWind products will effectively reduce the impermanence loss in liquidity mining through a combination strategy.

CoinWind launched on Heco for the first time, and will then run across multiple main chains such as ETH and BSC.

II. CodeBank and CoinWind Tutorial

2.1 Create a CodeBank Wallet

2.1.1 Download CodeBank Wallet APP
CodeBank wallet download: https://codebank-m.jinse.com

2.1.2 Create or Import Heco Chain Wallet
After opening the CodeBank wallet, you can create or import a Heco chain wallet on the homepage
(This article uses CodeBank wallet to operate, other wallets are similar)

2.1.3 Enter the wallet name, set and confirm the password

2.1.4 Backup the Mnemonic Phrase and Create a Wallet Successfully

The mnemonic phrase is equivalent to your bank password. If you lose or forget the mnemonic phrase, your assets will not be retrieved; please keep them properly.

2.2 Withdraw Heco Chain Assets to the Wallet
2.2.1 Add Token

Seach token, confirm the contract, then add the token

Contract Addresses of mainstream tokens:
HT: 0x5545153ccfca01fbd7dd11c0b23ba694d9509a6f
HUSD: 0x0298c2b32eae4da002a15f36fdf7615bea3da047
HBTC: 0x66a79d23e58475d2738179ca52cd0b41d73f0bea
ETH: 0x64ff637fb478863b7468bc97d30a5bf3a428a1fd
HFIL: 0xae3a768f9ab104c69a7cd6041fe16ffa235d1810
HDOT: 0xa2c49cee16a5e5bdefde931107dc1fae9f7773e3
QTUM: 0xc036fb5687a8c0ab438faa5c744b55fd705a0c56
LHP: 0xe499ef4616993730ced0f31fa2703b92b50bb536
USDT: 0xa71edc38d189767582c38a3145b5873052c3e47a
HLTC: 0xecb56cf772b5c9a6907fb7d32387da2fcbfb63b4

2.2.2 Deposit Assets
Users can freely choose the corresponding assets and withdraw Heco chain-related tokens from Huobi to their wallets.
Copy and paste the wallet address into the withdrawal address.

Note:
1. It is necessary to prepare a small amount of $HT in the wallet in advance, which will be used as the gas fee for the transaction.
2. You must choose the Heco chain when withdrawing from Huobi

2.3 CoinWind Mining
2.3.1 Find the corresponding DAPP entry or fill in the link directly in the search box (coinwind.com)

2.3.2 Start Mining
After entering the CoinWind official website, check and select the token(only the tokens with a quota can be invested)

Make a deposit proportionally or manually, and start mining after the deposit is successful;
Deposited funds can be withdrawn at any time, and the income is calculated based on the time of Heco block production.

Note: Each deposit and withdrawal operation will trigger the contract to transfer your earnings to the wallet.

III. FAQ
Q: Why the token income information cannot be displayed on the official website

A: When you open the link on the wallet browser: coinwind.com. If the wallet is not connected, the token and other related information cannot be viewed. You can browse our official website by installing the Heco chain mainnet wallet according to the above tutorial or enter through CodeBank or Huobi wallet Our official website.

Q: Why is the original income is 0 after I deposited funds?

A: Each of your deposit and withdrawal operations will trigger a contract to transfer your undrawn earnings to your wallet. Please log in to the wallet to check.

· CoinWind Website (Start Mining)

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

· CoinWind Telegram Community

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CoinWind
CoinWind

Defi Ecological Smart Mining Financial Platform