Today I was looking at my COTI Treasury which is where one of my biggest crypto bags is staked and locked up earning daily COTI rewards and weekly GCOTI rewards. One cannot ignore the influence that GCOTI (which is the governance token) has on the staked COTI.
Depending on where we are in the market cycle you have to be ready and think strategically what is best for your stake. If I had known we would find ourselves in this current position then I would have done things differently. Hindsight is a wonderful thing and I need to start to do things slightly differently by moving accordingly.
When the GCOTI is staked within the treasury one on one with COTI the bonus APR is an extra 22.98% which is helping grow your COTI bag. Not only your COTI bag, but the GCOTI bag is currently growing in my case at just over 1%. This week I will receive an extra 380 GCOTI which in real terms via rewards is worth an extra 87 COTI per year. This may sound like nothing, but one has to remember this is being repeated weekly and this is all being compounded. Every week the ability to earn an extra 87 COTI over a 12 month period is very valuable.
Just the added extras GCOTI offers over a 2 year period is an additional 10.6K COTI once compounded on the GCOTI I have staked which is decent numbers considering this is the GCOTI influence booster and not your COTI stake.
The total GCOTI rewards that I have already received over the last couple of years is accumulating quickly. 24 470 GCOTI tokens is the current total of rewards received from the total of 78.6K GCOTI staked. The GCOTI 24.6K rewards are responsible for generating an extra 15.4 COTI daily out of the total 47.5 COTI created daily by having GCOTI staked. The normal COTI APR which is 5.74% and generates around 40 COTI daily. This tells you that one needs to have some GCOTI staked even if it is a small percentage and not staked 1/1 with COTI.
Currently I have 240K COTI staked and slightly less than 30% GCOTI staked at 78.6K. In order to get to a 1 on 1 stake I would have to invest around $500 which is looking like the correct call now the market looks like the crypto cycle has been extended. The daily COTI earnings would rise to 190 which is an increase of 103 COTI. The investment would see a return within 200 or so days if the COTI price stays the same which I believe it has more upside where we are in the market. COTI at $0.20c would see a $20 pay day each day and $0.50c worth $100 or $3K monthly. This is what I am shopping for as passive income is the ultimate income stream.
I was holding off from doing this earlier in the year thinking the peak of this cycle would happen before 2026 and that still may happen, but looks unlikely. The time is now to start thinking a little longer and growing our crypto bags through passive daily accumulation is a winning strategy as it is free.
When I first started out investing in COTI I would never have imagined the 5K COTI monthly target could be achieved purely on staking rewards and this is now looking highly possible. Now I just need to find 162K GCOTI from the few exchanges it is listed which may not be that easy. Liquidity was a problem in the past and need to see if it is still an issue. This is a no brainer situation and just needs to happen.