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COTI - Currency of the Internet COTI - Currency of the Internet
THOR-

If I extend the lock period, does the health factor

reset for today’s price?

#coti #cryptocurrency #english
0

14 ответов

23 просмотра
Prince-|| COTI

health factor doesnt change based on lock. its based on deposit price vs current price. So no it wont reset

0
28.03.2022
THOR- Автор вопроса
Prince || COTI
health factor doesnt change based on lock. its bas...

Well that is pretty awesome then? In my case I locked at $0.20. 120 days/x4 So if I let it expire I must re-stake with health factor at the that future price. But if at day 119 I extend, I enjoy health factor from the original stake price of $0.20?

0
28.03.2022
Geordie-R

I think you can only extend once mate, otherwise you'd have found an infinite money glitch 🤣

0
28.03.2022
Prince-|| COTI

Geordie is right, the extension is only possible once that too if the extention was enabled while depositing previously

0
28.03.2022
Greg-
Prince || COTI
Geordie is right, the extension is only possible o...

What happens after that extension expires? You are forced to withdraw the deposit and re deposit losing some money to system fees, or merely that the health factor recalibrates to the current price after the extension expires but you get to keep that active deposit without further in/out fees?

0
28.03.2022
Wanderer-

I missed this being said in the video update. From 8hr to 6hr sleeps with 55 minute sleeps incoming 😂😂

0
28.03.2022
Fireflight-
Zippy Zoro | Resolute Node
lol seems I need to change my profile message

you should change it to "don't count on the grace period before taking action on your leveraged deposit" if you want to do it right 😁

0
28.03.2022
Zippy Zoro-| Resolute Node
Fireflight
you should change it to "don't count on the grace ...

😊 There you go , you will now forever live on my profile page as that message 😊

0
28.03.2022
THOR- Автор вопроса
Geordie R
I think you can only extend once mate, otherwise y...

That makes sense But the fact that I can extend once and keep the original deposit price is awesome

0
29.03.2022
Geordie-R
THOR
That makes sense But the fact that I can extend on...

Agreed...enjoy the gains if your on a nice apy. Fortune favours the brave they say

0
29.03.2022
THOR- Автор вопроса
Geordie R
Agreed...enjoy the gains if your on a nice apy. Fo...

Yes, I went all-in 120 days, x4 Let’s see if it holds. Many days to go. So I can wait until 119 days, then extend if the price is favorable at that time?

0
29.03.2022

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