Hey All,
Recently the COTi community celebrated the COTI V2's 1st Birthday. This is tied to excatly once year ago, the COTI network went live and still is standing strong. But the irony is that the price of the token may it be #COTi or the governace token of the chain #gCOTi both has taken a hefty beating. I would say its rather the same for all the major crypto tokens and the same stand true for #HIVE which is currently trading around $0.05 cents. Before I get any further it is imperative to note the following achievement of the #COTi blockchain which the fastest privacy layer in Web3. Along with the following points to highlight which are as follows:-
- 110 Million+ onchain transactions
- 80+ partnerships & counting
- COTI powered privacy is live across DeFi [Decentralized Finance], healthcare, RWAs[Real World Assets], hardware wallets, and more
- COTI Earn surpassed 100K+ users
Anyways moving forwards the main thing I want to talk about in this post is around - "COTI being the All-in-One Privacy Protocol" & what does it mean?
COTI - All-in-One Privacy Protocol - My investment in #COTi & Strategy Ahead
First thing first incase you are not aware let me tell you that COTi enables comprehensive privacy layer for Web3, utilizing fast Garbled Circuits (GC) on Ethereum. And as you can see from the above diagram COTI token connect all the dots i.e. the blockhain is enabled with Garbled Circuits Network which is fast and has a scalable confidential computation. COTI Nightfall is an enterprise-grade compliance, originally-built by Ernst & Young (EY). And finally, there is Privacy-on-Demand—powered by Garbled Circuits and deployed across leading L1 and L2 networks. What more could one need to ensure privacy on the blockchain? COTI V2 offers one of the simplest and most practical solutions available today. Next comes my investment in the COTi token so here is the current total stake with 160K+ #COTi and #gCOti staked which at the current price is worth $2.4K+ approximately.
All the tokens are staked at the COTi Treasury and is givng me an APR[Annual Percentage Rate] of above 30% and this primiarily because I have 1:1 i.e. COTi:gCOTi staked and this gives me an extra 21% boost in the APR. Hence if you want to stake at COTi tresaury the best strategy is to have tokens staked at 1:1 ratio. My strategy ahead is pretty simple right now I am foscused on building my COTi & gCOti stake and targeting around 200K+ tokens staked. There is no intentions to buying the tokens rather the plan is to redirect all the staked earnings back to the staking pool and let it compund by itself. I am also looking at converting all my COti earn rewards to COTi and stake them. Right now we have the Season 3: Momentum running and one can earn token points across multiple missions and redeem for $COTI. Just as an FYI the max APY here is close to 55% and there are around 1,250,000 per week COTI up for grabs. Well this should be it for todays post on - "COTI - All-in-One Privacy Protocol - My investment in #COTi & Strategy Ahead..." Lets see how things pan out in near future and seem 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... And Happy Investing... cheers
Have Your Say on #COTI & #gCOTi token - HODL Vs SELL?
Are you invested in #COTI, #gCoti tokens? 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? Would love to hear your thoughts around it in the comment box below? Cheers
#coti #gcoti #airdrop #payment #rewards #treasury #staking #node #howto #transfer #crypto #cryptoofinternet #hodl #binance #bridge #currencyofinternet
Image Courtesy:: coti, cotiearn,
Best Regards
Paras
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I have a personal interest in blockchain, stocks, and cryptocurrencies and actively invest in emerging projects.