This is why we love crypto so much as earnings online will be higher than those in the real world. Build a portfolio and take advantage.
Spot the difference as the above screen shot is today and the bottom one last night prior to the market crash. The Treasury tvl is slowly recovering from losing 14 million to liquidations and is already up 2 million today.
Last night just before the market crashed my daily earnings on COTI were at 84 COTI per day and was hoping for one day being able to grow and achieve 100 COTI rewards daily. Well how about earning 488 COTI daily as this is what happened when everyone else not staked in Level 1 got liquidated.
This is absolutely bonkers and I am not complaining even though my stake is worth far less today than it did last night. Having said that the stake has moved from earning $130 to $520 per month even with the price having lost around 20%. This is absolutely fantastic being able to accumulate these COTI tokens at this growth rate.
I do not feel sorry for those "investors" who got liquidated as there is risk involved and I guess last night they all found out the hard way. The beauty about how the COTI Treasury is set up is liquidations are shared by those who are staked in the Treasury. Level 1 is a lower APR no risk level and Level 2,3 and 4 are higher earning APR pools with no protection. Looking at why the earnings have shot through the roof is there are 13 million less COTI staked which tells you the size of the liquidations. These liquidations are now being paid over to the Level 1 staked investors in the form of a much higher APR.
Just to give you an idea of how much the APR has changed before the market crash I was earning 14.43% with a base APR of 6.15% and a GCOTI boost APR of 8.28%. Today the base APR is 36.08% and the GCOTI boost APR is 50.40% giving a grand total of 86.48% which is excellent. I know others who staked 1/1 COTI and GCOTI are earning an APR of 180.53% currently which is mind boggling. The APR will slowly drop over the next few days, but in my 4 years of being involved with COTI have never seen earnings like this.
Talk about a gift from the heavens as this extra growth boost was unexpected and you have to be involved in order to take advantage. The madness we are now seeing is the prices will bounce back once the market recovers and we are all going to be worth far more. This was a proper correction and who knows if there will be others before we reach the all time highs towards the end of the cycle.
In crypto they always say expect the unexpected and this was one of those moments we will never forget and look back on fondly. Volatility is your friend or enemy depending on what you do in crypto and why I tend to play it safe as the opportunities are here if you remove as much risk as possible. I am sure many "investors" have been wrecked over night with a reported $19.3 billion being liquidated across the markets.