ICONFi

@minhokim Is there any transparency about how ICONFi profits are going to be spent from the ICONFi team ?

@henri_ducon I think we should get to profitability first. We'll plan something good if that happens.

@minhokim Thanks for the answer, it's very much appreciated. This application looks good and easy to use as it was advertised, it deserves some recognition. I've got another question following my previous one : This application may have a huge impact on chain governance as it spreads votes, so it shouldn't be considered as "just another dapp making profit". It is advertised as the official way for "casual" ICONists to stake ICX, so it doesn't feel fair if it doesn't bring any transparency. Otherwise we're just doing the same mistakes from the centralized world we're trying to improve. Could you bring some transparency about what "something good" means to you ? ICONists are expecting for ways to incentivize ICX holders, they want competitive rates. Is that what we're talking about ?

@henri_ducon ICONFi has been transparent that it spreads votes to active P-Reps outside of top 22. We believe this is good for decentralization and makes the network stronger by spreading delegation more evenly to all validators. ICONFi doesn't make money on ICX staking. To elaborate on "something good", it's not about being transparent or not. I know that the ICONFi team has many ideas, but nothing is set in stone. It's too early to make decisions.

@mr_aok APYs can be seen in the app. The change depends on the market rates.

@fez_box Thanks

@elliott_diaz Thanks

@benjamin5 Thanks

@laurasm00460050 The team is considering all cryptos to add at this time. However, prioritize projects that benefit ICON project.