Hey All,
Recently I came to know that my first #Coti and #gCoti token in the COti tresaury was done some time in 2023. But before entering the treseaury for staking I had been holding and trading Coti tokens for profits. So alotogther I can say I am associated to this project for the last 5 years and I have seen my investment reach $15K+ dollars and now with the token price at its all time low the investment sits around $2.5K+ dollars. This shows how quickly things can change in the crypto world. The only thing that remains constant is patience and belief in the long term vision. Lets us now look into different scenarios when my locking of 365 days finished here at the Coti treasury that is Yesterday on 23rd May, 2026. The first image that I have for you all is around the APR being droped to 25% from 30%...
25% APR after 365 lockIN finished
In the above image you can clearly see the - "Deposit Unlock Time" and its being highlightes as Unlocked and APR that it is showing is APR - 25.58%.. So now I had two options either stay invested with a lokin period an get this APR or I lockin my funds from the given options of days that ranges from 30 days to 365 days and quite obviously the more days your funds are locked the better is the APR.
Along with that, there is a multiplier option that can be selected, ranging from X1, X2, X4, and X8. The higher the multiplier selected, the higher the APR grows exponentially. However, there is a twist. If the price of #COTI falls and the user does not maintain the required amount of COTI in the treasury, there is a chance that their stake could be forfeited and redistributed to users who selected the X1 multiplier. The X1 multiplier is considered the safest option because the funds are not subject to liquidation. The only drawback is that the APR is comparatively lower than the higher multiplier options.
Moving on and to answeer this question - So where did I settle finally? Well first have a look at the following image and that should give you all the idea as to where did I settle.
YES - New LockIn - 365 days - Multipler X1 - Safety Must...
I didnt want to risk it for any kind of biscuit and wate all my years investment. Jokes apart to be honest - I didn’t want to take unnecessary risks for a little extra reward and potentially lose the investment I had built over the years. Hence I took the mode of saftey and decided to lock funds for another 365 days. It’s not that I cannot withdraw the funds before the 365-day period ends — I absolutely can. The only difference is that the withdrawal fees would be quite hefty. I will discuss that in more detail in my next post. For now, I am happy that I locked both #COTI and #gCOTI in the treasury for another year, which pushed my APR to around 30%. Considering how the crypto market is performing at the moment, that is not a bad deal at all. Ok this should be it for todays post on - "COTi - My Staked Unlocked - ReStaked for 365 Days - APR above 30% - My Strategy Ahead....." Interested then do yourself a favor to grab some coti and gcoti tokens now before they skyrocket and thank me later....& obviously DYOR... Stay Coti... Happy Investing... cheers
Have Your Say on COTI APRs - V2 upgrade is HERE - Link your MetaMask address to your VIPER wallet #COTI, #gCOTI token - HODL Vs SELL?
Did you link your Viper Wallet to MetaMask? Are you invested in #COTI token? Did you know about this bridge on the COTI platform that lets you to transfer your COTI from centralized exchange to a DEX? Are you staking COTI vs gCOTI? Would love to hear your thoughts around it in the comment box below?
#coti #gcoti #payment #rewards #treasury #staking #node #howto #transfer #crypto #cryptoofinternet #hodl #binance #bridge #currencyofinternet
Best Regards
Paras
Image Courtesy:: coti treasury, ChatGpt, coti.pay, coti discord, earn coti
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects..