deposits. What other things could we do with GCoti ? Sell or staking them? Thanks
Hi! APY Booster — Depositing gCOTI alongside the COTI deposit will entitle the depositor to a greater share of the rewards distributed from the Treasury Reserve Fund. Governance- gCOTI will grant its holders the power to propose features and vote on matters related to the management of the COTI Treasury, based on their gCOTI holdings. Active participation in Liquidations- gCOTI holders will be able to acquire COTI deposits before they are liquidated, allowing them to purchase COTI at a reduced cost directly from the Treasury. Other use cases and applications of gCOTI may be presented in the future.
Can we retrospectively assign gcoti to existing COTI deposits? Or is it only on COTI deposits going forward?
Sorry, can you rephrase a bit? I didn’t understand your question
What will be the APY after depositing gcoti ?? How the ratio works ?? Can you please elaborate?
https://t.me/COTInetwork/846136
Like, can I retrospectively buy coti for 4 cents. The answer will be the same
APY booster: this could be implemented with just COTI, the more COTI you deposit the higher the APY E.g. above 100, above 500k etc Governance: is it necessary the community use gCOTI to vote? Why can’t they use COTI? liquidations: I don’t see this as essential what are other use cases that are ESSENTIAL?
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