Second Payment Filters Back Into The Treasury.

The launch of DJED is only 25 days old and there have already been 2 service payments received by the COTI Treasury.

Two days ago the COTI treasury received their second batch of fees which boosted the APR back to 9.28% from 6%. The APR has slipped slightly since but it is a timely boost which hits home showing COTI having it's real use case.

What is clear is that COTI has a sustainable business model that will only keep growing. Considering DJED hasn't even got going properly yet as the second phase is only taking place now with lending and borrowing on the Cardano eco system. DEX's haven't even started so the number has to 10 x minimum over the coming months.

Not forgetting this is the first real service besides their core business COTI has rolled out. Payment processing is going to be the heartbeat of COTI along with Enterprise tokens later this year.

The bonus would be Binance having a stablecoin which is not so far fetched as this could easily happen. I cannot see Binance going anywhere else as incorporating BNB as the reserve would only increase BNB's value. Just think if you did a x 4 value of the stablecoin (over calloteral) how this would affect BNB's price as this would be too good to miss and why I think it will happen.

My target for COTI achieving a steady 12-15% APR month on month is very much in the mix considering just DJED with a small volume can increase the current APR by 50% even if it only last 4 or 5 days before dropping. A Binance stablecoin deal alone would send the APR to 15% so this is a very sustainable business model.

Once there are multiple revenue streams filtering through into the COTI Treasury this will be a very profitable investment. Over time I do expect liquidity to dry up as the Treasury TVL locked up is slowly increasing month on month. 42% of the current circulating supply is now staked in the Treasury. If we consider that some countries cannot stake as yet this number could easily surpass 70%.

Finding crypto that has real use cases providing a need outside of their own eco system is big as there is no limit to where this could go. When you tap into e-commerce there is no limit to where this can go and that is where COTI is headed long term. The rivalry will be with the likes of PAYPAL and STRIPE who will struggle to keep the running costs that COTI can. Crypto is the future and anything outside this digital world will feel the pressure.

Posted Using LeoFinance ^Beta