Weekly Updates From the COTI Team

We had a very fruitful week with lots of exciting activities and news both for COTI and CVI. Here is our weekly recap:

• We launched a new staking campaign with KuCoin which reached the 14M cap in less than 3 hours! This brings COTI’s locked supply to 123M https://medium.com/cotinetwork/coti-launches-a-new-staking-campaign-with-kucoin-59243b014c57

• As COTI’s staking capacity is closely coupled with the business processing volume that continues to grow, we announced that we will increase each Community Node’s capacity for April allowing us to increase the staking pool and staking rewards, locking out more of our supply. https://cotinetwork.medium.com/staking-3-0-update-capacity-will-increase-sooner-than-projected-e1c54bb627a8

• Yesterday we released ETH deposits for the Crypto Volatility Index Platform ($GOVI) and after a few hours, more than $1M was already deposited in the platform. Users can now deposit ETH and buy positions or provide liquidity to the platform and also stake their CVI-ETH-LP tokens and get $GOVI rewards. $GOVIhttps://cviofficial.medium.com/eth-deposits-are-now-live-on-the-crypto-volatility-index-platform-govi-b401741d6f4a

• We started the week with the news about the partnership with Orion Protocol. Orion Protocol will drive limitless liquidity to the COTI network via COTI-X, while COTI will enable greater accessibility of Orion Protocol via COTI Pay. Read more about the partnership here: https://cotinetwork.medium.com/orion-protocol-and-coti-join-forces-to-enable-greater-liquidity-and-accessibility-for-defi-ee07ee756aef

• Binance announced a new trading pair on Binance Futures. USDT-Margined $COTI will be launched at 2021–03–10 07:00 AM (UTC) with up to 25x leverage https://www.binance.com/en/support/announcement/53c007d040594d55a8b2ccc57de8efa4

• Ran NeuNer hosted Shahaf Bar-Geffen on the Crypto Banter show for a full review on COTI. Watch here: https://www.youtube.com/watch?v=bKg2A_GakOA

Have a great weekend and 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