Tonight I am adding another 3500 COTI to my stake in the Treasury taking it closer to 120K. The 3500 doesn't seem like much as it is only worth around $140 ,but that 3500 will generate an extra 112.7 COTI per year based on the current 3.22% APR. This represents another 0.3 COTI being earned daily and why adding to ones stake weekly does add up very quickly. This is a good habit to maintain as where else can you print money like this. In an overall value when the last ATH is achieved again this would represent an extra $5 being added weekly to your monthly income stream. In other words $5 this week and next week it would be $10 and so on over an extended period of time this is a massive earning potential.
The compounding interest being earned daily on the stake plus the additional investment being added at regular intervals increases the growth way quicker than you can imagine. The 0.3 daily is 9 COTI extra per month which again sounds like nothing, but this is weekly growth if you are consistent with your investing. Over a period of 1 month you are growing in real time with your rewards by 36 COTI or 1.2 tokens every day over and above what you are already earning.
This is so simple yet so effective along with it being a fun activity especially once you start seeing the growth. I do think once you start to enjoy your crypto you will achieve far more as you have taken it to another level. Analyzing and understanding, breaking down the growth rate is probably one step further than what most people would do, but I do believe it is important.
We have a similar scenario in play on Hive with the current APR of 3.05% which is compounded daily which boosts the overall growth. The larger your stake the quicker the snowballing effect takes place and once this is achieved you are in awe of the growth rate.
I have been aware of this on Hive for some time, but this is the first time I am starting to see the rapid growth on another crypto investment. This is probably why I am in no rush for the bear market to disappear due to how much value is being generated currently.
What makes no sense is how much negativity there is around crypto with people saying the side ways markets are boring which I find quite the opposite. These are exciting times even though the prices are down by over 90%. It is hard to imagine how much monetary value has been created in this period which should set you up for either a decent passive income stream or a big pay day.
When you break down and understand the numbers with each crypto project the earning potential is limitless. Definitely fun times for those that understand what we are generating weekly or monthly and why staying consistent pays off very big over a extended period of time. Time is your friend in this with every day increasing your overall value.
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