If we vote to lower (which I'm okay doing btw)

doesn't that reduce the significance of Gcoti and it would lose its appeal ?

Perhaps but some may see that as worth it as it strengthens the main coti asset.

I get that but then the other argument would be why lock for 360d

Exactly this. I'd rather people gain APY from the main asset than have it given to people who just buy gCOTI on an exchange. So many unanswered questions here. Like what happens to the money that the team get from their gCOTI sales on open market. Buy Backs of the main COTI coin would be great and help strengthen the main asset. Remember that APY Boost is risk free and will be 100% reducing the APY you are getting now. You're not actually benefiting . If I have a pot of 100 Coti per year to hand out to the community of 10 people for their APY rewards. Each person gets 10 COTI over time. Now I introduce a new coin and tell everyone that they will get a boost of 1000% (sounds crazy but it's less that what's being offered by the team) But there is a catch, You all have to buy this new coin. only 2 of the people have any spare cash so only 2 of them buy enough to get the max boost, everyone else can't afford to pay more. So now we have person 1 = 10% + 1000% person 2 = 10 + 100% persons 3= 10 = 10% But obviously that makes no sense as we are over our 100 COTI yearly cap so we drop the base APY from 10% down to 0.4% person 1 = 0.4% + 1000% = 40.4% person 2 = 0.4 + 100% = 40.04% persons 3= 0.4 = 10% = 04% *7 2 Rich users win and end up taking home > 80% of APY and the majority lose by dropping from 10% APY to 0.04% APY.

My head hurts

However, you leave the multiplier out of the equarion. There will be the lucky ones who get massive APY and the unlucky ones who get liquidated. I‘d rather have people use the new coin that they either get for free or that they can also buy for a risk free boost than the leverage game.

Good your not upsetting other people then! 🤣

Leverage is fairer as everyone gets the same base APY and you have to risk losing and sharing your coins with the rest of the community when using a multiplier. Now it risk free and just given to those willing to pay more money.

Not necessarily, as I also calculated today, through gCOTI treasury rewards you can boost 80% of your deposited COTI after less than 5 years for free. (16% after 1 year, 32% after 2 years, etc.). - given the current amount of total deposited COTI

ITS NOT FREE. You have to pay for gCOTI. No one got 100% of their deposit from the airdrop. So if you want the percentages you claim you have to pay with your own cash. You are paying twice.

I‘m not quite sure what you mean. For the COTI you deposit in the treasury you will not only get COTI as a reward but also gCOTI. How are people paying twice here? Yes, there will be people „paying twice“, those who want extra big APY and will buy additional gCOTI. But the gCOTI treasury rewards secure regular APY and give an incentive to keep COTI in the treasury.

No one is getting gCOTI from the treasury at the moment and no one knows when it goes live. It was supposed to be live a while ago in theory as it was supposed to go live after the airdrop gCOTI but now it will go live most likely with treasury V2. No one is currently getting gCOTI for free from their deposits. If you want it in the next couple of months you will have to buy it. (I'm guessing exchange listing coming in next couple of months) or you buy from community members Paying twice = once for COTI coin and again for gCOTI

After all it’s like everythin in the world 🤷🏼‍♂️ There are different kind of “qualities”. If you want the free/cheap option you can take it… some people like better quality and for that they need to spend more. I spent some $$ this last one and a half month in order to reach 1:1… why if I was getting free APY already with Coti deposited… because I wanted better “APY quality”

Still, what you also have not considered is the intrinsic value of gCOTI. If you buy it it‘s value doesn‘t go to 0 USD. You can get APY from it, sell it again, probably at a higher price than you bought, and then you‘ve made double profit.

Yep I call this out above https://t.me/COTInetwork/880062

Plus you will be able to get liquidated COTI at a reduced price with gCOTI - triple profit 😉

Everything can go to zero. And also it will have an emission schedule which is actually quite aggressive so you will be fighting your APY against the built in inflation of it's tokenomics. Not a bad thing but something you need to take into account.

Sure, for me, now is the time to accumulate for the long run.

Presently max leverage with max boosting are also possible.. the early the exit the early to gain the profits. My view is we should not mixed compare leverage and gcoti boosting. The 2 are entire different purposes and will continue to stay.