I vote for 800% APY boost rate for gCoti. Why?

Question

I vote for 800% APY boost rate for gCoti. Why?

Because you can boost your base APY with the same multiplier (8x) without gCoti. Sounds kind of fair to me.

Lets assume 2 people have missed all the gCoti campaigns and buy the same amount of Coti to stake in the treasury. Person A) is impatient and wants to boost the deposit immediately. He takes the risk of a high multiplier. Person B) is risk averse, waits and accummulates gCoti rewards for his Coti in treasury. It takes him more time (years) to reach the 1:1 ratio but finally gets there with low risk.

In the end both individuals can achieve the same boost, Person A) takes high risk, Person B) takes low risk.

In case in the future a 16x multiplier will be available, I would also vote for 1600% gCoti boost. But not under the current conditions.

Isn't it fair to always balance the multiplier (max. 8x) = gCoti boost (max. 800%)? I vote my not insignificant part on that.

#coti #cryptocurrency #english

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03.11.2023

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JP 🇵🇱 Test node: Fire.kpcotinode · Accepted Answer

JP 🇵🇱 Test node: Fire.kpcotinode

That seems reasonable

0

03.11.2023

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I vote for 800% APY boost rate for gCoti. Why?

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