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Coil AMAs Summary
Coil AMAs Summary

Coil AMAs Summary

I collected a summary of important information (from the latest AMAs). This article will help you learn more information about Coil and how it differs from other projects. This will help you understand how Coil works as well as some of the key features. Coil already had 4 AMAs (with Blockchain Infinity, NanoNews, D’va and IDCrypto ). Many good questions were asked and answered. If you missed the AMAs live, you can read the recap from every AMA on https://medium.com/@coilcrypto to gain some deeper insights


How does token COIL “roll and roll back” occur, to match market supply and demand? How reliable is Coil in bringing investors to financial freedom? How will you encourage people not to withdraw their money from the pool?

1 Nov 2020 3 minute read 2 comments Bloggers

How does token COIL “roll and roll back” occur, to match market supply and demand, with a special algorithm or otherwise? Coil — “coils and recoils” around its $1 target. This is all done automatically through smart contracts. The Chainlink oracle pu...

How safe is COIL contract such as a project with an elastic supply model? How often do you conduct safety audits? What are COIL countermeasures to deals with such risks? Why have they chosen the ETH blockchain?

30 Oct 2020 2 minute read 1 comment Bloggers

Several DeFi projects at Uniswap have faced hacks due to flaws in their smart contracts. How safe is COIL contract such as a project with an elastic supply model? How often do you conduct safety audits? Many projects rush and put users funds at risk....

Why is it a good option to choose COIL? What are the specific problems that COIL aim to solve in the ecosystem? Why would beginners adopt Coil? How is it better?

29 Oct 2020 2 minute read 0 comments Bloggers

Why is it a good option to choose COIL among the hundred of stablecoin that currently exist? What are the specific problems that COIL aim to solve in the ecosystem? Coil is not really a stable coin like most think. It can fluctuate to 50c or $10. Wha...

How unique is COIL rebase and is the process automated? What is the Spring based on? How were they inspired by it?

26 Oct 2020 3 minute read 0 comments Bloggers

What’s a rebase? A price-elastic token one where the project’s total token supply is not fixed, but instead automatically adjusts on a routine basis. These token supply adjustments, called “rebases,” take place per market demand and are done in such...

Can you share your opinion about DeFi? How does COIL bridge with different from Cosmos, ICON etc. ? There are three common core issues in technology today, how will COIL solve these problems?

23 Oct 2020 3 minute read 0 comments Bloggers

  DeFi is an abbreviation of the phrase decentralized finance which generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum. In simpler terms, it’s financial software...

Spring 1.0

19 Oct 2020 3 minute read 0 comments Bloggers

Coil combines what you see in the real world into crypto, while adopting ideas of HEX and AMPL, which are two of the most successful projects on Uniswap and both hit over 1 billion dollars in market cap. What makes this idea of the Spring so powerful...

Where does “COIL” name come from? How Coil able to solve market manipulation? Where can you buy Coil Tokens?

14 Oct 2020 2 minute read 0 comments Bloggers

What is “COIL”? Where does “COIL” name come from? What does it stand for? The Coil name as two meanings. First — Coil targets $1, so the price COILS and RECOILS around it. It can go to $.50 or $4, but eventually it will Coil and Recoil itself back to...

What are the features and use case of Coil Token?

11 Oct 2020 1 minute read 0 comments Bloggers

In the last article we explained what CoilCrypto is. This one is going to give you some more information about use cases and different features of the project. What are the features and use case of Coil Token? Features: 23hr rebase: Every 23 hrs Coi...

What is Coil Crypto?

9 Oct 2020 1 minute read 8 comments Bloggers

Coil is an elastic supply cryptocurrency that adjusts itself to supply and demand of the market automatically every 23 hours. It is designed to be relatively stable in price, but “coils and recoils” around $1. While Coil is young it will be more voli...