• COTI Treasury is finally on the market, with additional DeFi services.
• COTI Treasury allows crypto-gamers and users to place COTI tokens.

COTI Treasury is now available for DeFi lovers who want to play crypto. It has a generous APY and it’s finally been launched on the market.

COTI Treasury, a brand new technology that allows you to stake $COTI (the native token in the COTI ecosystem), is now available.

For those unfamiliar with COTI, it’s an enterprise-grade fintech platform that likes to call itself the “Currency of the Internet”. It can be thought of as a decentralized payment system that’s set up for merchants and businesses.

The goal of the DAG protocol is to alleviate many business concerns about crypto payment acceptance. It’s based on the DAG protocol that utilizes a Proof-of-Trust (PoT) consensus to solve scalability issues, meaning it’s capable of processing up to 10,000 transactions per second.

COTI’s real appeal is its ability to allow companies to make their own stablecoin linked to an asset like the U.S. dollars. It removes any concerns regarding trust or volatility that can arise when relying on traditional cryptos.

In a statement, COTI CEO Shahaf Bar Geffen said the launch of the COTI Treasury today binds everything into “one coherent ecosystem”, and enables the possibility of extremely lucrative rewards for those who’re willing to participate in the community.

COTI Treasury is an algorithmic, decentralized pool where community members can stake $COTI tokens to earn rewards.

This adds much more functionality to COTI’s previous staking system. Users can now choose how many $COTI tokens to deposit and select between 1X-4X multipliers. Then, they will be able to set a lock period. (Unlocked means they are able to withdraw any time they want, but not for a fee)

Users can choose the risk/reward combination that suits them best. Based on the risk factor of each deposit (which is the sum of its value when staked, current value, multiplier, lock period, etc.), the annual percentage yield for that deposit will be computed.

The way it works is this: The higher the deposit’s risk factor, the higher the APY on offer. However, the risk factor – known as a “Health Score” – is constantly in flux, rising or falling based on the market value of the $COTI deposit.

The entire deposit could be liquidated if the Health Score falls below 1.0. Users have 24 hour grace to add $COTI tokens, in the event that this happens. The deposit will be lost, though any rewards earned may still be claimed.

It is important to remember that all rewards are unlocked and can still be claimed. In addition, users can top up their deposit at any time, though that kicks off a new minimum engagement period of 24 hours, during which they’ll be unable to withdraw their deposit.

If the lock period has expired, users can withdraw all of their balance without penalty. However, they will be charged an early withdrawal fee. All withdrawals are subject to a 0.5% transaction fee and a 0.5% charge for the fee.

COTI noted that its launch of the COTI Treasury was a significant milestone in their march towards becoming a financial hub. With it, users finally have a way to stake as much $COTI as they like, for however long as they like, while deciding exactly what level of risk they’re willing to tolerate.

We are excited to exceed expectations with our newly launched Treasury,” Bar Geffen said. “Our commitment is to continue to grow the ecosystem in terms of services, volume, and partnerships to enable lucrative rewards for our users.

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