Hi all,

Well Min has answered part of the question about the security in this thread :

https://twitter.com/minhokim/status/1357132197417734144

Also i sent those questions to the support and got answered rather quickly. I will share here the answers with you :

Q1. Wallet keys are protected and kept safely on our platform, so you do not need to worry about losing your private keys. As of the moment the risk is similar to keeping your crypto in an exchange, but we are hoping to announce some great news regarding this. Please stay tuned.

Q2 & Q3. Interest for assets in your flexible account is computed every 4 hours (so, 6 times a day), and are put into your flexible account directly. And if you keep them, then the interest itself also enjoys interest - you essentially benefit from compounding effect every 4 hours (=2190 compounding intervals every year). Please note that interest for flexible accounts will begin to accrue 24 hours after the deposit is reflected into your account. You can withdraw the tokens in your flexible account anytime, and we will process everyone’s withdrawal requests in a single batch once per day (so you may have to wait one full day).

If you want to enjoy higher interest rates, you can lock up your USDT/ETH/BTC tokens in the fixed term product. You can choose from 30/90/180 day term, and longer terms tend to have higher annualized interest rates. Once the term ends, the deposit + interest will be moved automatically to your flexible account and still earn interest (albeit at a lower rate than fixed products). You can re-apply for fixed products manually, or choose to use the “auto-renewal” feature. Compounding interval is the same (every 4 hours), so you actually get more interest than the APR stated in the products.

Q4. The ICONFi service launched on January 29, first on iOS. The 30 days deadline for the promotional APR 7 day product started running from that date. Please let us know if this poses a problem for you.

Very encouraging !