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The first $CVIX claim is now completed

COTI
2 min readOct 15, 2020

For the full guide on how to claim $CVIX tokens from your COTI Pay VIPER wallet, click here.

The CLAIM option was open from October 14th at 6 am UTC for 24 hours, after which comes a 7 day period in which we’ll randomly select a time to do a snapshot to determine eligibility.

We’re humbled to say that many of you have taken the opportunity to claim $CVIX and it was a great success.

1077 $COTI holders have participated, of which 137 did it in the first 30 minutes.

*To make sure that distribution is fair, the amount of $COTI that an individual can participate in the claim process is limited to 500K $COTI coins.

We remind you that eligibility for $CVIX tokens is according to the following formula =

CVIX distributed in the specific claim period * COTI amount in your participating address / Total eligible users amount

Please keep your $COTI coins in your wallet during the next 7 days to reserve your right to receive $CVIX, as if you will move it you may miss the snapshot that determines your eligibility

After the snapshot, you can follow the $CVIX distribution results here and check your own eligibility to $CVIX tokens here.

If you missed the first CLAIM window, don’t worry, you will have more opportunities to do so. Distribution of $CVIX to $COTI holders is not a one-time event. The first distribution was the biggest one and then the following distribution will be 10% less and so on, until 3.2M $CVIX tokens are distributed when the platform is launched. So stay tuned for future distribution events!

We also remind you that you may also claim $CVIX using your COTI ERC20 by posting liquidity to our Uniswap pair. Read about it here.

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.me/coti

Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

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COTI
COTI

Written by COTI

COTI is the fastest and lightest confidentiality layer in Web3

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