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Do i get higher APY? Do i get lower fees?

What's difference between a user with 5 trust score vs 10?

11 ответов

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Nothing to do with APY. It's just a score to ensure you're worthy to use the system.

Vader- Автор вопроса
Ben G | COTI | Will never DM you first!
Nothing to do with APY. It's just a score to ensur...

So, if i have lower trust score maybe i can't stake or maybe send / receive native coins? It's still not clear to me, sorry. Does the team have a plan for a future utility for it??

Vader- Автор вопроса
Vader- Автор вопроса

@mrnotinuse 👀

Vader
@mrnotinuse 👀

Your trustscore is just likened to trustworthiness. Our partnership with Celsius would use the trustscore to determine your creditscore. For now it doesn't affect how you use the platform

Vader- Автор вопроса
Ben G | COTI | Will never DM you first!
Your trustscore is just likened to trustworthiness...

Thanks for the response. Exactly what im thinking like a credit score. Hopefully in the future Shahaf and the team can think of use case for normal Viper wallet holders. Like: - higher trust score, lower fees - higher trust score, some kind of rewards - incorporate in the algorithm the individual for a higher APY - voting rights / governance By doing so, you encourage and incentivize us (the users) to be more active thus fostering a more robust ecosystem 💯

Vader
Thanks for the response. Exactly what im thinking ...

You can add to the feedbacks and suggestion box: https://forms.gle/kYAYeMXA49tinyjb6

Ben G | COTI | Will never DM you first!
Your trustscore is just likened to trustworthiness...

Is there any article about what’s considered a good score and bad score and how can one improve their scores?

Leonardo P
Is there any article about what’s considered a goo...

https://medium.com/cotinetwork/everything-you-want-to-know-about-cotis-dag-and-consensus-algorithm-850d24c547c4

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