Transparency Report #2

Additional Updates for $COQBOX!

Development team currently implementing better analytics for your $COQ rewards so you can easily track your yield! This should be live soon. (Now added)

A lot of people are getting confused on the claiming fee for the $COQ - It's a flat 0.1 $AVAX for a claim on your yield each time - This fee will go towards development costs (Not team pay, actual building) such as dApp development, NFT development, Investing in perks for holders and much more.

Your yield wasn't "intentionally" designed to be compounded as we want people to build up their #CoqInu portfolio - However, if you want to compound, just ensure that when swapping $COQ to $COQBOX on #TraderJoe you leave yourself enough wiggle room for the staking fees.

Why have staking fees - They're too high?

Staking fees are normal, instead of taking 0.5% of your yield etc. as some platforms would or have a early withdraw fee, it's a flat small couple dollar fee which you don't have to pay until essentially you want out - These tiny fees which sometimes would cost less than gas can help us build out utility for each individual NFT/token and actually help us achieve our goals without directly impacting the user - If you collect $100 of $COQ from the staking pool, the $3-4 fee will feel like a pin drop in a haystack, but to us - this allows us to build and pay for the most expensive things in Crypto/WEB3.

You can stake on our dApp! http://coqinabox.xyz/staking