The gCOTI Airdrop Campaign is Now LIVE!

2 min readApr 3, 2023

We are thrilled to announce that the gCOTI Airdrop Campaign is now LIVE for Native $COTI holders! For the next 14 days, users can deposit Native $COTI in the Treasury and participate in the campaign for a share of gCOTI rewards and $COTI APY. Participants can select a locking period of 180, 270 or 360 days with a risk-free multiplier of X1. User’s won’t be able to break the locking period early, but they will be able to withdraw rewards as they become available.

Participants of this campaign will be the first to receive gCOTI, and the first to use the APY booster!

*The above numbers are for demonstration purposes only

The early bird bonus is also now active. Up to 1M gCOTI has been allocated to the first participants to join the campaign. Capped at 50M $COTI in Treasury deposits, users will receive gCOTI rewards based on how early they joined and how big their deposit is.

This campaign includes a pre-defined soft cap of 100M $COTI. If the value of Treasury deposits are under this amount, a total of 45M gCOTI will be available for distribution. However, once total deposits exceed 100M $COTI, an additional 10M gCOTI will be made available for distribution to all campaign participants, bringing the total rewards to 55M gCOTI.

On the 1st of June, Native gCOTI will be airdropped to all campaign participants simultaneously, providing them with the opportunity to be the first to access the APY booster!

Want to learn more about the gCOTI Airdrop Campaign? Here’s everything you need to know.

Follow this step by step guide to learn how to migrate your deposit: https://youtu.be/WXV8Ky_kSXE

Stay tuned for more updates.