sustainable future of coti and not short term high apy for the people already on board. If you say missed the boat it also says something. Is the boat gone for new buyers??? You think we gonna make it with the current holders. We need buyers to get the price up. A LOT of buyers. 400% give a boost of 5-6%? Why shouldt that be appealing. I think it's appealing enough.
800% is sustainable it's been thay way for a while now and thats without PPN fees. Missed the boat for now yes with regards to native and ERC-20 campaigns. It attracts new buyers yes but what does it say about changing the rules and rewards for those who committed to long term lock up with the promise of a nice APY return.
It is for you. Around 6% base apy for staking 360 in gcoti campaign isn't. Evermore if you staking now 120 days 1x you get what, 4%? How is that sustainable and good for coti
I don't know why everyone is talking about sustainability. It's not like new COTI is needed for the rewards after the APY boost change. This vote is about how the total rewards are distributed among treasury holders. It's not about increasing or decreasing the total amount of rewards.
Its about the distribution of rewards
That's what I said 😅
Yes and you have to look at sustainability from a broader perspective
I do - an increased APY boost is an incentive to keep your COTI in the treasury to receive gCOTI rewards. And for me that's one of the main factors for stability that COTI is kept in the treasury.
People will stake their coti into the treasury with a good apy. If you get 10% base apy it will be an incentive. For new people appealing as well. If you have gcoti you can increase that to 14-15% it would be fine. Evermore if you want incentive make the apy higher for the longer period you stake your coti. There are so many ways to keep the coti locked and created more stability.
Still an increased APY boost is a stronger incentive to keep COTI in the treasury because those who hold longer will get more gCOTI and by that get higher APY. That's something I want to see.
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