The COTI Treasury has had quite a few buggy issues of late and I know this is being fixed with a new version of the COTI Treasury being worked on and expected to launch very soon. I had no idea the problem was so widespread until I saw this message come through on Discord and the friend who I helped stake COTI reported they were struggling to log in. The logging into Metamask first and then the Treasury was not working so I told him to wait until next week. My last issue a few months ago was resolved and the 530 COTI that went missing appeared last week.
My GCOTI airdrop rewards this week got stuck in between somewhere and the stake needs to be unfrozen. This is sort of a problem as this is the stake that is due on the 18th December and the one I have been concentrating on. All the weekly rewards are staked into this pool as the penalties if the Bull cycle comes before that date will be minimal. I am hoping this is fixed quickly as I have nearly 1500 COTI sitting ready to be staked along with another 600 GCOTI. The aim has always been to withdraw and sell my entire staked COTI at some point taking profits and then reinvesting when the Bear market is in full swing and prices have dropped. I have not taken any crypto profits in nearly 8 years and this time I am not going to miss out. This in my mind is still not real as I have not benefitted by 1 cent in real money yet and I need to experience this.
This current dip we are experiencing has boosted the APR being earned daily due to liquidations and I am closer to 83 daily COTI rewards which is a decent boost from two weeks ago when this figure was 79.2 COTI daily. I expect the APR to fall back to the 6.15% range from the 6.30% currently being earned. I tend to like stability as I find it easier to target growth and you do not get false readings thinking you are earning far more than normal. These bug issues are not great as I know it is costing me lost tokens having stake ready to be staked waiting in the wings.
Another 6-8 weeks of the current growth and I would be achieving close to 90 COTI daily which would be 10 away from my goal of achieving 100 COTI rewards daily. That number is still many weeks and months away and I expect to have sold my stake before that happens and will achieve this in the next cycle.
If I just bought back half my current stake and staked 1 for 1 with GCOTI I would be earning more than I am now daily so earning 100 COTI daily is not going to be that difficult. This stake will form a key part of my passive income stream going forward and even if COTI ended up at astable $0.20c that would still represent $20 per day or $600 per month. Knowing COTI is very much part of the Digital Euro set up I see COTI having a future value with a dollar sign in front of it. I will discuss this in my next post with regard to Digital Euro timelines.
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