What an insane start for the gCOTI campaign, where 100 Million $COTI was deposited into the Treasury in less than 90 seconds!!
The early bird bonus cap, which was set at 50M $COTI was reached in 16 seconds, and the 1M gCOTI bonus will be distributed to 78 extremely quick participants.
The first 100M $COTI deposited marked the soft cap of the campaign, increasing the total rewards from 45M gCOTI to 55M gCOTI — well done, everyone!
Current APY is 11% for 360 days locking, and their gCOTI rewards allocation is 4 times higher than those who locked for 180 days.
Following the overwhelming demand, some of you have been facing connectivity issues, getting a “service unavailable” error logging in the VIPER wallet. This was caused as a result of too many server requests performed by individual users in a short time period. We’re sorry about that, but would like to remind you that you still have about 14 days to participate in the campaign! Please try to reconnect later and enroll in the campaign.
What’s next?
- The gCOTI Airdrop campaign for Native $COTI is now live and will last for the next 14 days.
- The gCOTI Airdrop campaign for $COTI ERC20, USDC and USDT holders will be launched on the 24th of April, after the Native campaign ends. Participants will be able to lock their tokens in the Treasury by connecting their MetaMask wallet. Up to 30M Native gCOTI will be allocated to this campaign.
- ERC20 Exchange-Based Campaign for those that don’t have a VIPER Wallet will also be launched. Participants will be able to lock their $COTI ERC20 tokens with an exchange and receive gCOTI ERC20 tokens as a reward. Up to 10M gCOTI ERC20 will be allocated to this campaign. All details including start date and the name of the partnered exchange will be announced closer to launch.
All details can be found here: https://medium.com/cotinetwork/the-gcoti-airdrop-campaign-is-right-around-the-corner-heres-how-to-get-involved-726ab984b22e#e6be
Follow this step by step guide to learn how to migrate your deposit:
Stay COTI!
For all of our updates and to join the conversation, be sure to check out our channels:
Website: https://coti.io
Twitter: https://twitter.com/COTInetwork
Telegram: https://t.me/COTInetwork
GitHub: https://github.com/coti-io
Discord: https://discord.gg/9tq6CP6XrT
Binance Feed: https://www.binance.com/en/feed/profile/485349084
CoinMarketCap Feed: https://coinmarketcap.com/community/profile/COTI
Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf
