The COTI V2 Airdrop is Now Live!

Published in

COTI

3 min readMar 25, 2024

We’re pleased to announce that COTI’s biggest-ever token giveaway campaign has just begun!
The COTI V2 Airdrop Campaign has 40M $COTI V2 tokens (currently worth ~$8M) up for grabs, so here’s a quick recap of all the details so you can get involved.

COTI V2 Airdrop Key Details

When? Now! The COTI V2 Airdrop Campaign went live today, March 25th, 2024, but you are free to join at any time! The campaign will continue until COTI V2’s TGE (Token Generation Event).
Rewards distribution of COTI V2 tokens will start shortly after the COTI V2 TGE, planned for Q4 this year.
What? All Treasury participants are automatically eligible to receive a share of 40M $COTI V2 tokens, on top of their regular APY rewards. Currently worth around $8M, it’s our biggest giveaway yet!
Who? Open to $COTI holders, both Native and ERC-20. Plus, our loyal users who’ve made deposits before Feb 28th, 2024, get a special bonus, adding extra days to their reward calculations.
How? Simply by having a deposit in the Treasury, whether it’s been there a while or it’s brand new. Your share of the airdrop rewards is calculated based on duration (the longer you stay, the higher the rewards!), Treasury APY and activity.

Here’s how you can get involved:

New Deposits

If you are new to the COTI Treasury, all you have to do is go to Treasury.coti.io and enter the Treasury with your VIPER Wallet (for $COTI Native deposits) or your Metamask Wallet (for $COTI ERC20 deposits). If you don’t have a VIPER Wallet yet, you can follow the steps in this tutorial.

Just click ‘Enter Treasury’ or ‘Connect’ (in the top right corner) and choose your preferred Wallet. You can also navigate to the ‘Deposits’ tab and connect your wallet from there.

After successfully connecting with your wallet choose the address you want to make the deposit from and the amount you want to deposit.

Choose the deposit multiplier you want to apply to your deposit (x1 means no multiplier) and choose a Locking Period if you wish to lock your deposit.

On the right side of the screen, you’ll be able to see a preview of your deposit parameters. Click “New Deposit” to submit and you’re done!

APY Boost for $COTI ERC20 deposits will be enabled soon, as part of a broader gCOTI event.
Reward claiming for $COTI ERC20 and deposit top-up features will be available in the coming days.

Existing Deposits

If you already have an active deposit, whether it’s still locked under programs or not, no extra activities are needed to join. You don’t need to withdraw and redeposit again (withdrawing deposits resets seniority). Your deposit is valid according to the time it has already spent in the Treasury. You may choose whether or not to take additional actions such as extending your locking period.

For all the full details about the campaign, including how COTI V2 rewards are calculated and distributed, you can read our previous article here.

Stay tuned for more COTI V2 Airdrop updates throughout the campaign!