Patience Patience Patience

When you are invested in a crypto project you need to understand why patience is required as it takes time to grow the adoption. Continuous development will help raise the overall value, but this takes months to filter through.

Most of you know I am invested in COTI and understand what is happening due to staying abreast of announcements and development. The APR in the COTI Treasury that is generated comes from real earnings from their various projects they have on the go. The base APR of around 3.9% is from their current retail clients using the payment systems that are in place. When the APR increases this will be down to service fees from DJED which COTI supplies to the ADA eco system. Other projects are still in development with another Enterprise token due later this year (no dates).

As we know the crypto market has been in a bear market so any price increases are very welcome as they have a knock on effect for coins like DJED. DJED is a stable coin with a $1 value which is redeemable in the equivalent of $1 ADA at all times.

On July 10th the ADA price increased which had a knock on effect as 440K DJED was minted along with 315K SHEN (Reserve coin). Due to know having less ADA redeemable for the $1 DJED the reserve coin SHEN increased in value from 28c to 37 c which represented a 31% increase in value. This was expected and is one of the benefits of having SHEN.

Being on HIVE we know how HBD works and when it is beneficial to hold, buy or sell depending on the price of HIVE. The same case applies to DJED as it has a value of $1 or 3.3 ADA as ADA is now 31 cents. We know what would happen if ADA was worth more than $1 as the DJED stable coin will explode in numbers. If 440K DJED were minted when the price of ADA went from 28c to 37 c one can only imagine the numbers when ADA hits more than $1.

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The 12.7 million DJED is nothing on what the numbers will be when ADA hits $1 or more and this is good news for COTI investors as the APR is going to climb far more than what we have seen in the past. Normally we receive a boost of around 5% which lasts about 2 weeks but this will change things upping the tempo of what can be earned. This is why it pays to be patient and know what is going on as the benefits will be felt only when this happens.

The long term vision I predict is a base APR of around 12%-15% all being generated from the service fees of the various tokens COTI supplies. DJED should be earning more fees than it is currently, but price tells you it wont happen until ADA increases in value as the DJED numbers are not that appealing as they stand.