GCOTI Has To Be Seen As A Boosting Token
GCOTI air drop is next and should be a valuable asset to hold onto as it allows you to increase the APR just by staking the Governance token alongside your COTI. This is like a boosting token that is going to help generate more COTI.
One week away from the roll out of the Governance token being air dropped to the COTI holders and it is rather a big deal. There has been so much going on with other announcements that GCOTI is actually just as big if not bigger in some senses.
Any token that can boost your earnings by increasing the APR is a huge positive even if it is by an extra 1%. No one quite knows how much it will boost the APR yet but any boost has to be seen as a win plus the value the GCOTI will add to your overall portfolio.
My COTI journey has been ongoing for around 2 years and I have reached 60% of my initial target. The target of 100K is looking way more realistic these days compared to when I first started out and the final 40% will be sped up through having stake earning and compounding. If I continue at the same growth rate this should be achieved within 8-10 months, but with all the extras adding to the APR this should be even quicker and maybe achieved this year.
One has to also put in perspective of the vale considering COTI achieved $0.66c back in September 2021 without having shown much development. We all knew it was taking place with some of it now having been released that has changed COTI forever.
The value that has been added since late 2021 is kind of crazy so one can only imagine what will happen in the next Bull cycle. $1 plus has to be the minimum, but could be much higher depending on so many factors. Price has never been the main driving factor with this for myself as the passive income on offer has to be the real gem.
We have seen the COTI Treasury launch opening up staking for the majority (USA hopefully at some point soon). In the past you had to hold a minimum 15K to even go on the waiting list to be accepted for extra rewards. This was my original target when I first got involved and now I am already 4 x bigger.
DJED was successfully launched and is still in phase 1 of the roll out so this will only get bigger accumulating more fees for those staked. Just in the last week DJED's numbers are up so there will be another 3% or 4% heading to boost the Treasury APR. Plus we know DJED is heading to the Ethereum eco system plus Binance Smart Chain. These numbers are going to rise increasing the rewards being earned already.
Throw in the Enterprise Tokens also about to be released and it makes perfect sense why GCOTI is being released as it is to temp those off the higher earning levels. GCOTI is only available for those on Level 1when it comes to the Treasury as I believe the APR is going to jump considerably once all these various fees start flowing. My prediction of having a 12-15% is still very much on and there is no need to get greedy and hunt for more at other levels with risk.
The idea that in a few years time one investment could generate $3K monthly is still kind of unbelievable yet this is where crypto is heading. The $ values are all unknown and why we push for more every day as having multiple investments can set you up for life very easily.
Posted Using LeoFinance Beta
