This Is Hard Work

Progress is slow but at least the accumulation is happening which is slowly unlocking more growth. This weeks staking alone has added an extra 1.15 COTI per day and it doesn't feel like much change is taking place as the APR has been decreasing gradually over the last few months. The truth is the extra 1.15 COTI has not increased my daily earnings.

An APR of 8.1% is now 8.69%, but other APR's have decreased on other staked pools

The result is my daily earnings have basically stayed the same which is 43.3 COTI and my GCOTI rewards are slightly up at 255 per week. Maybe treading water right now is the win on it's own as most accounts are earning less if they do not continue to accumulate and increase their stake. Any growth is good growth when you consider only a small percentage of the world is in crypto so for every token you earn you are pulling away further.

The idea of being able to earn more and more each week through compounding is not necessarily playing out that way and why growth seems to be stagnant. The COTI Treasury is about staking and earning via an APR that is controlled by the COTI earned through it's various projects.

At some point the rewards have to increase through use cases and this is the bigger picture we cannot forget. Projects like the stable coin DJED on Cardano will only become bigger once ADA rises in value and surpasses $1. There is no point in using stable coins at this point in the cycle when you know the alt coins ae going to rise which will result in you losing value on your stake if they are in stable coins. This is common sense and not rocket science as basic mathematics will tell you this.

COTI as not had ay sort of price action like many other alt coins have already experienced so this is still a patience game and it will happen. This is not an if, but a when as this project is off the charts for what it offers and I am so bullish on what values will be held by those holding COTI.

COTI V2 is now launching their main net in Q1 of 2025 which is still on track and is by passing the testing stage which would be now and instead the team will be doing all the checks themselves. I think this in an around about way is letting those developing apps using COTI V2 have a little more time to be ready.

COTI V2 was announced as an Ethereum L2 token, but this is not just about Ethereum as the privacy technology has been made available for multiple chains and cross chain use. There has been development taking place with XRP, Solana and Link plus plenty of other chains so when this COTI V2 main net goes live this will be very big and so much bigger than everyone had expected.

These are the reasons why growing and accumulating is that important before others see what is taking place. They say you make the money when others come to you and why you never chase a token. When you hear about it this is already too late and why you wait for investors to come to you.

Posted Using InLeo Alpha