RE: Shopping Around Spotting An Opportunity
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I wonder if having this price difference on exchanges, if there is any place for an arbitrage play.
Nevertheless, I wanted to tell you as well that I have created another deposit and with the gCOTI boost I'm getting a sweet 44% APR. One question on this: when the deposit is finished, I want to deposit some more COTI. The question is if to keep the boost I need to put also additional gCOTI or how does it make more sense? I've already put all my gCOTI in the deposit with a 1:1 pairing with the deposited COTI.
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The deposit can be topped up at any time and don't have to wait for it o unlock. Just keep farming rewards and topping up plus you will get gcoti weekly.44% is very decent and I am waiting for my 3 other stakes to open up now to take advantage of this. I am getting 22.9% now which I am more than happy with.
One thing that I suffer from is that I get the weekly gCOTI which in my case is around 6 gCOTI, but for it I pay 2 COTI. Hopefully when I will make bigger deposits that will help... any ideas how to optimize that?
Only way around it is to grow the stake. Just checked and I am due 110 GCOTI this week so the cost of 2 GCOTI for staking is a bummer and maybe wait every 2 weeks to claim it and stake.