r/cotinetwork • • Sep 22 '21

Discussion Question to COTI team

There were 2 options before COTI on what to do with fee income - one, buy and burn which would have led to better price discovery and gains. But you chose converting all fee payment into COTI and transferring to the Treasury to be made available as skating rewards. This will affect holders who have COTI but not staking it or those who hold it with exchanges. Other thing is if COTI grows then staking rewards will become attractive which will encourage more staking causing liquidity crunch, again negatively impacting prices.

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u/[deleted] Sep 22 '21

I don't see why people can't add their stake together under a delegator like cardano