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COTI Treasury Is Actually Good Fun

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@cryptoandcoffee
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Health factor sits at 1.55 now down from 2.0 but still along way to go before there is risk and action required. Level 4 you start at 1.33 and Level 3 1.66 so those investors are at serious risk. Level 4 would have been liquidated unless they added stake or withdraw paying penalty fees.

This is the latest from a few minutes ago and things are looking great as the APR has increased yet again meaning more liquidations. I suspect Level 3 Staking is now being liquidated so paying attention is key now.

The COTI Treasury is actually loads of fun as along as you understand the mechanics that make it work. I am enjoying the volatility if the crypto markets at the moment as they are increasing my APR due to liquidations. The greed factor has caught so many out and shockingly they don't understand what they are doing. This is different to DeFi which I struggle with things like permanent loss and my brain gets this. I love working with figures and this is more of a game to me except their is financial implications involved.

COTI has been down a slow as $0.1637 today which triggered many to lose their investments. Last night the APR was sitting at 23.24% for my level 2 multiplier level so a good result so far. The health factor is fine as I have another 6c before I am concerned and have to take action.

The COTI Treasury gives you 1 hours grace to rectify the liquidation if your stake turns red. That is more than fair as it is not lost as there are a few options to take. Withdraw your stake from the risk losing the accumulated rewards plus paying a penalty fee of 2%. That I feel is too small a penalty to pay as what is 2% when you are hunting 46%. The other option is to stake more reducing the liquidation price and increasing your health. I have kept 1000 COTI to top up the Level 2 stake and to take advantage. If BTC does drop into the $20K - $25K region this should be good fun as how low can the price drop.

Makes no sense why everyone is concerned about price if they have no thought of selling as this is the accumulation time. I am more concerned about doubling my stake as quick as possible and will be targeting the riskier levels once the price volatility has calmed down.

The COTI Treasury requires you to have liquid COTI if you are going to chance your arm at the higher riskier levels. That is the plan to accumulate a mini war chest adding each time the price drops. This is the safety blanket as at some point the market will turn being invested at the lowest possible point. Something tells me we have a way to go yet and the possibilities of buying at much lower prices is pretty cool.

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