ICONFi is a digital asset savings platform. ICONFi lets you earn interest on your digital assets including BTC, ETH, ICX, and USDT, and provides a simple solution for staking ICX. ICONFi helps you grow your investments with a simple, secure user interface.
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Crisp & clear design, I like it. The possibility of being able to earn interest on different crypto currencies hassle free is rather exciting. Also: you can compound your earnings automatically, which is great. I'm also looking forward to all of those other products related to ICON and the Icon blockchain which are coming soon: Ommfinance, Bridge, security tokens, etc.
With ICONFi, it's easy to create an account and start earning interest on your BTC, ETH, USDT, or ICX. Your digital assets are compounded automatically every four hours, more often than any competing platform.
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What are the APYs being offered and how often do you expect them to change?
@henri_ducon I think we should get to profitability first. We'll plan something good if that happens.
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@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.
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Interesting. Good luck competing with Revolut. Do you plan to support Tezos?
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