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Tuong-

For example, I hold $COTI and I don’t want to

stake it. How can the price of $COTI be increased because the $COTI will be sold from the fees converted to?

#coti #cryptocurrency #english
0

6 ответов

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

Price impact can be discussed in the trading group https://t.me/COTItrading

0
14.05.2022
Tuong- Автор вопроса
Ben G | COTI | Will never DM you first!
Price impact can be discussed in the trading group...

Yes, I know but I’m curious about how affects the $COTI price if we manage to control $Djed and $Shen? 😃

0
14.05.2022
Yeu Sheng-Teo
Tuong
Yes, I know but I’m curious about how affects the ...

The djed must remains constant.. during normal or even volatile times, there will be need to mint djed or burn djed, treasury is then used for that requirement. Coti treasury holder gets the fee thru the apy but coti price may not be going up though

0
14.05.2022
Zippy Zoro-| Resolute Node
Yeu Sheng Teo
The djed must remains constant.. during normal or ...

The COTI team will be buying COTI on the open market from the ADA that they receive in fees from the minting/burning of Djed/Shen so the more Djed/Shen burn/mints that take place the less COTI is on the open market and the more that is locked away in the treasury.

0
14.05.2022
Yeu Sheng-Teo
Zippy Zoro | Resolute Node
The COTI team will be buying COTI on the open mark...

Is that ok? Unless is a requirement to do for the functioning of the treasury then is alright.. else it looks like insider trading

0
14.05.2022
Zippy Zoro-| Resolute Node
Yeu Sheng Teo
Is that ok? Unless is a requirement to do for the ...

How else can the COTI team get the COTI needed for the treasury. All fees are paid in ADA so they have to be converted to native COTI so they can be put in the treasury.

0
14.05.2022

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