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COTI - Currency of the Internet COTI - Currency of the Internet
Leonardo-P

I just realized that the apy shown in the deposit

is not fixed even after we lock the deposit for 120 days .. is this true? I would expect the purpose of locking our deposit is to also lock the apy received

#coti #cryptocurrency #english
0

6 ответов

22 просмотра
apanasenko-P

It's recalculate every 60 seconds, it changes based on Treasury liquidity flowing in and out of Treasury. More deposit less APY, less deposits more APY.

0
01.02.2022
Prime Node-
apanasenko P
It's recalculate every 60 seconds, it changes base...

Correct, rewards get diluted over time based on more ppl joining the pool but in the other hand, prices will appreciate as more scarcity of coins is created.

0
01.02.2022
Leonardo-P Автор вопроса
apanasenko P
It's recalculate every 60 seconds, it changes base...

This is very interesting, so ppl are assuming a higher risk with longer locking period but without the guaranteed apy at the time the locking was initiated

0
01.02.2022
Leonardo-P Автор вопроса
Leonardo P
This is very interesting, so ppl are assuming a hi...

It makes it harder to calculate our risk, since our assume risk could increase/decrease every 60 seconds as the locking period stays constant but the apy is dynamic, it’ll only be fair if the reduced apy will be compensated with reduced locking period

0
01.02.2022
apanasenko-P
Leonardo P
This is very interesting, so ppl are assuming a hi...

It's an estimated APY, it will stabilize over time. Now there are a lot in and out transactions so it flactuates frequently.

0
01.02.2022

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