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COTI - Currency of the Internet COTI - Currency of the Internet
Vara Prasad-

What is advantage for COTI because of ADA stable coin

?

#coti #cryptocurrency #english
0

7 ответов

7 просмотров
Zippy Zoro-| Resolute Node

Let me ask you how many times have you ever burned/minted USDT ?? Never is most likely the answer. Because if you ever did then you would know that for burning there is a fee of either $1000 or 0.1% (which ever is greater) And for for minting there is a fee of minimum 0.1% plus a $150 verification fee. The thing is the majority of the minting for Djed will most likely be done by Dex's/Cex's and Daaps, just like other stables. When you use Djed you'll most likely just be paying normal Cardano network fees, just in the same way that you pay gas fees for interacting with Usdt.

0
26.11.2022
A-J
Zippy Zoro | Resolute Node
Let me ask you how many times have you ever burned...

Aa coti holder and stacker i will be benefited only with minting and burning buying selling from open market won't benefit me

0
27.11.2022
Zippy Zoro-| Resolute Node
A J
Aa coti holder and stacker i will be benefited onl...

My point is that "you" don't have to mint/burn to benefit. If you deposit in the treasury you will benefit from anyone who mints/burns.

0
27.11.2022
A-J
Zippy Zoro | Resolute Node
My point is that "you" don't have to mint/burn to ...

I know that very well I was talking about minting and burning fees Not about to whome or to whome not those rewards will be given

0
27.11.2022
Zippy Zoro-| Resolute Node
A J
I know that very well I was talking about minting...

and as I pointed out the fess are less than USDT which has done just fine

0
27.11.2022
Zippy Zoro-| Resolute Node
A J
Ok

Also the team have already said that dynamic fees will be coming in the extended DJed release (in the future)

0
27.11.2022

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