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COTI - Currency of the Internet COTI - Currency of the Internet
Metako-Master

Quick question, Can interest rewards be sum with the total

amount on staking daily?
For example just like the function of auto subscription for flexible saving.

#coti #cryptocurrency #english
0

20 ответов

19 просмотров
Ben-G | COTI | Will never DM you first!

There's no merger option for rewards and deposit balance yet, we'll explore this in treasury v2.

0
31.01.2022
Metako-Master Автор вопроса
Ben G | COTI | Will never DM you first!
There's no merger option for rewards and deposit b...

So if I want to use rewards to stake, then it has to be a separated record right?

0
31.01.2022
Vader-
Ben G | COTI | Will never DM you first!
Yes, there's no merger yet.

Hi admin, so the main deposit will be a separate balance vs the rewards balance? Did i understand it correctly? Main deposit balance: xxxxx Rewards balance: xxxxx

0
31.01.2022
Vader-
Ben G | COTI | Will never DM you first!
Yes 👍

Can i stake my rewards token into leverage??

0
31.01.2022
Ben-G | COTI | Will never DM you first!
Vader
Can i stake my rewards token into leverage??

Concerning rewards, they continue to accumulate more rewards even as they're unlocked. So basically, your rewards isn't even the minimum APY, you're getting more rewards as long as you don't claim them. Claiming makes you forfeit the rewards your rewards are accumulating. You benefit more by letting your rewards accumulate.

0
31.01.2022
Vader-
Ben G | COTI | Will never DM you first!
Concerning rewards, they continue to accumulate mo...

Meaning that initially in v1, there are only 2 moves I can do with my rewards: 1) Let it accumulate and earn more rewards on a bare minimum APY? 2) or you can withdraw / claim them Right?

0
31.01.2022
Vader-

@ZippyZoro

0
31.01.2022
Zippy Zoro-| Resolute Node
Vader
@ZippyZoro

yes I understand this , however it looks like Vlad was replying to a comment where the user was stating that fees are paid on rewards (hence the user saying clever COTI that they collect fees on everything)

0
31.01.2022
Vladyslav | COTI-
Vader
Hi admin, so the main deposit will be a separate b...

Rewards balance will be separate. When you want to claim the rewards, they will be added to your wallet address you choose.

0
31.01.2022
Vladyslav | COTI-

As I said to claim your rewards you need to pay 0.7$ fees

0
31.01.2022
SN-COTI.Melbourne testnet node operator
Vladyslav | COTI
As I said to claim your rewards you need to pay 0....

Correct - so 1.40% in total on staked amount goes in deposit+withdraw fees , 0.7% on rewards only.

0
31.01.2022

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