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1-Robot

Yeah I got it. But thats not something very interesting

to be honest. 43.3% apy with buying one more token which may drop when no more interest. Also where will those profits be taken from ? Boost ones I mean ? Inflation ?

#coti #cryptocurrency #english
0

11 ответов

34 просмотра
Lottie ○ Sm20LottieNode-

43.3% isn't bad for 0 risk in my opinion All depends whether the buying of Gcoti is worth the rewards it returns. The APY is dynamic it comes from fees from the ecosystem ( djed , treasury , liquidations etc )

0
14.12.2023
1-Robot Автор вопроса
Lottie ○ Sm20LottieNode
43.3% isn't bad for 0 risk in my opinion All depe...

Depends what you mean by 0 risk. Why are u so sure that gcoti will keep its valuation ? Also with Coti price growing the apy will dramatically drop. Correct me if am wrong

0
14.12.2023
Stefan | COTI Unity Node (testnet)-Y

"Where will those profits be taken from?" It's a redistribution of rewards. Which means people with gCOTI will get a bigger piece of the total rewards than people without gCOTI. So even with high APY for gCOTI this is sustainable as not more rewards are distributed than there are available.

0
14.12.2023
Lottie ○ Sm20LottieNode-
1 Robot
Depends what you mean by 0 risk. Why are u so sure...

Gcoti price will fluctuate for sure but its intended to be a apy boost and governance token not a trading token

0
14.12.2023
1-Robot Автор вопроса
Lottie ○ Sm20LottieNode
Gcoti price will fluctuate for sure but its intend...

Yeah but again where those profits will be taken ? I mean lets say we have 100k for profits generaly for all pool. U give a boost with gcoti , where do u take it ? From other holders ?

0
14.12.2023
Lottie ○ Sm20LottieNode-
1 Robot
Yeah but again where those profits will be taken ?...

The "profits" aren't taken from anywhere its just with Gcoti you get a bigger slice of the pie The pie stays the same size

0
14.12.2023

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