Channel address:
Categories:
Economics
Language: English
Subscribers:
1.30K
Description from channel
DAO of onchain funds cotrader.com. Chat at @cotrader - DeFi the $85 trillion investment funds industry. App live on ETH BSC Polygon
Ratings & Reviews
Reviews can be left only by registered users. All reviews are moderated by admins.
5 stars
0
4 stars
2
3 stars
0
2 stars
0
1 stars
0
The latest Messages 5
2021-05-08 13:25:26
How to use swap.cotrader.com // we'll add this to the site
1. Get Metamask.io and configure it for BSC
2. Send BNB (e.g. from Coinbase) to your BSC Metamask wallet
3. Buy COT using BNB, or, better yet, use stake.cotrader.com to also earn nice APY
Note the price of COT in USD. It goes up as people go for APY
Sometimes COT is cheaper on Ethereum exchanges like 1INCH
You can bring COT from Ethereum to BSC using BurgerSwap bridge
119 viewsedited 10:25
2021-05-08 13:21:49
How to use stake.cotrader.com // we'll add this to the site
1. Get Metamask.io and configure it for BSC
2. Send BNB (e.g. from Coinbase) to your BSC Metamask wallet
3. Use BNB below to get and stake COT+BNB to earn APY
Note the price of COT in USD. It goes up as people go for APY
Sometimes COT is cheaper on Ethereum exchanges like 1INCH
You can bring COT from Ethereum to BSC using BurgerSwap bridge
117 viewsedited 10:21
2021-05-07 17:40:55
How to get back bCOT+BNB after "Withdraw" from stake.cotrader.com:
====
(There's a small bug with this that should be fixed by May 8. After then):
1. Visit swap.cotrader.com
2. In the "Liquidity" tab, click "Remove"
This will return the COS tokens to get back bCOT+BNB
3. Then go to stake.cotrader.com and "use cot" to stake them again
4. Next time, if you want to keep staking for APY:
Don't "withdraw" your COS (LP tokens)
Just "claim" your bCOT
166 viewsedited 14:40
2021-05-07 15:40:43
compounding ARY gains you 2.718x (e). It can gain your more if you do it while rates are still high before falling.
Instead of 100% apr in 1 year you’d have 271.8% if compound at infinitely small & many times
Below you see the formula applied to 365 periods instead of 1 year and it gets closer and closer to e. By once per day it’s already near 2.7x. Good enough unless APR is changing (falling) fast
You can more easily apply “Pert”:
Principle * e^(Rate * times)
165 viewsedited 12:40
2021-05-07 13:34:42
CoTraderDAO pinned a photo
10:34
2021-05-07 11:02:55
Verified the 1156% APY to within 12.8%. Tested with $900 BNB for 1 hour. 1/2 of that buys $COT for $450
1 step easy: Just send BNB to stake.cotrader.com
On $450 COT, it's paying $4087/year (360 COT/hour) if compounded for 2.7x. We'll add auto compound
9.08x = 360*24*365*2.7*$0.00048/$450
= 1,008% APY ($4087/$450) on #BSC
TWEET
100 viewsedited 08:02
2021-05-06 20:53:53
New CEX has BSC + ETH — Coinsbit.io
Instead of BurgerSwap bridge, or using Binance to move BNB
You can move COT using Coinsbit
114 viewsedited 17:53
2021-05-06 20:18:23
https://twitter.com/cotraderdao/status/1390354491334004745?s=21
118 views17:18
2021-05-06 19:21:36
How to Claim and Withdraw bCOT
When you "Claim" in "Stats" in stake.cotrader.com, you'll get bCOT
When you Withdraw, you'll get COS-v2. This is the Liquidity Provide (LP) token, that is redeemable for bCOT+BNB
To Get bCOT+BNB from COS-v2, to go swap.cotrader.com, Liquidity Tab.
Expand the bCOT/BNB Tab as shown here
Then you'll see "Remove"
130 viewsedited 16:21
2021-05-06 18:53:53
How to Stake COT on BSC LM
You can send BNB only. It spends 1/2 the BNB to buy COT for you, and stakes them together: COT+BNB, 50/50
"Use COT" means don't buy more COT with your BNB, but use the COT you have. Just add 1/2 BNB
122 viewsedited 15:53
C
