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COTI Price:
$17.3 M
All Time High:
Market Cap:
$0.2 B

Circulating Supply:
Total Supply:
Max Supply:


The price of #COTI today is $0.14 USD.

The lowest COTI price for this period was $0, the highest was $0.139, and the exact current price of one COTI crypto coin is $0.13865.

The all-time high COTI coin price was $0.71.

Use our custom price calculator to see the hypothetical price of COTI with market cap of BTC or other crypto coins.


The code for COTI is also #COTI.

COTI is 4.9 years old.


The current market capitalization for COTI is $163,088,680.

COTI is ranking downwards to #274 out of all coins, by market cap (and other factors).


There is a large volume of trading today on #COTI.

Today's 24-hour trading volume across all exchanges for COTI is $17,254,222.


The circulating supply of COTI is 1,176,271,233 coins, which is 59% of the maximum coin supply.


COTI is a token on the Ethereum blockchain.


COTI is integrated with many pairings with other cryptocurrencies and is listed on at least 29 crypto exchanges.

View #COTI trading pairs and crypto exchanges that currently support #COTI purchase.



You Voted and Decided: gCOTI APY Boost is Growing!

The first gCOTI vote concluded earlier today, and we are pleased to share the results with you. A snapshot was taken today at 12:17:35 UTC, capturing the gCOTI balances of all voters, including their addresses and Treasury deposits. The total gCOTI in the snapshot amounted to 23,294,384.69, with the distribution as follows: Decrease APY Boost: 8.3%, representing a snapshot of 1,933,433.92 gCOTI., Maintain APY Boost: 31.9% representing a snapshot of 7,430,908.71 gCOTI., Increase APY Boost: 59.8% representing a snapshot of 13,930,042.04 gCOTI., Now that you’ve voted to increase the APY boost, the next question is “By how much”? The next vote will propose four options regarding the percentage increase in the current 800% APY boost: 1,000%, 1,200%, 1,400%, 1,600%, This vote will take place this Thursday, November 16, at 12 pm UTC, and will conclude on Sunday, November 19, at 12 pm UTC. We would like to express our gratitude to all the participants who took part in the voting process. Understanding that there were numerous factors to be considered and various discussions about it, we kindly ask you to remain respectful to each other during this process. Stay tuned for more updates. — Stay COTI!. — For all of our updates and to join the conversation, be sure to check out our channels: Website: Twitter: Telegram: GitHub: Discord: CoinMarketCap Feed: coinmarketc...

Announcing gCOTI Rewards Campaign on Uniswap!

We are happy to announce the launch of a gCOTI rewards campaign on Uniswap: Provide liquidity to gain rewards! Following our announcement of the first $gCOTI / $COTI pool on Uniswap, the total pool liquidity is nearly $40,000. Furthermore, the Bridge gas fees have been adjusted to align with the gCOTI value, resulting in reduced fees for transfers. Who is eligible to participate? Starting today and running until December 12, users who provide a minimum of 1,000 gCOTI as liquidity in the $gCOTI/$COTI pool on Uniswap will be entitled to a share of 500,000 gCOTI tokens! The allocation of gCOTI rewards will be distributed relative to the contribution to the pool based on weekly snapshots. The distribution of rewards will occur at the end of the campaign. Based on the existing liquidity and gCOTI price, the current APY is over 300% (annually). These rewards are granted in addition to the standard Uniswap liquidity provision rewards of 0.3%. Provide liquidity to earn gCOTI rewards here: You can swap your Native gCOTI and gCOTI ERC-20 using the COTI Bridge 2.0: gCOTI contract details: Contract: 0xAf2CA40d3fc4459436D11B94d21FA4b8A89fB51d Decimals: 18 — Stay COTI!. — For all of our updates and to join the conversation, be sure to check out our channels: Website: Twitter: Telegram: GitHub: Discord: Binance Feed: Technical w...

$gCOTI/$COTI (ERC-20) Pool is Now Available on Uniswap!

Following the successful deployment of the gCOTI token on COTI’s Bridge, we are happy to share that gCOTI has made its debut on Uniswap V2, the premier decentralized exchange (DEX) operating on the Ethereum blockchain. Users can now actively contribute to the liquidity of the $gCOTI/$COTI (ERC-20) pool and earn liquidity provider fees, which consist of a 0.3% swapping fee distributed among liquidity providers, based on their contribution to liquidity reserves. Through Uniswap, users can also seamlessly swap and purchase these tokens. To get started, simply visit the new pool here. gCOTI contract details: Contract: 0xAf2CA40d3fc4459436D11B94d21FA4b8A89fB51d Decimals: 18 We are also planning to launch an airdrop campaign to incentivize $COTI/$gCOTI liquidity providers. Stay tuned for further developments and updates. — Stay COTI!. — For all of our updates and to join the conversation, be sure to check out our channels: Website: Twitter: Telegram: GitHub: Discord: CoinMarketCap Feed: Technical whitepaper: coti.iofiles/COTI-technical-whitepaper.pdf $gCOTI/$COTI (ERC-20) Pool is Now Available on Uniswap! was originally published in COTI on Medium, where people are continuing the conversation by highlighting and responding to this story.

gCOTI is Now Available on COTI’s Bridge 2.0!

We are pleased to announce the successful deployment of the gCOTI token to COTI’s Bridge! Users can now seamlessly and easily swap between Native gCOTI and gCOTI ERC-20 using the COTI Bridge 2.0 here: gCOTI is COTI’s Treasury governance token and the first CMD token that has been issued on top of COTI’s MultiDAG 2.0. gCOTI empowers community governance over COTI’s Treasury, for the first time ever, with the first vote scheduled for November 9, 2023. The process of swapping Native gCOTI to gCOTI ERC-20 and vice versa is similar to the Native COTI and COTI ERC-20 swaps. You can follow the step-by-step guide provided below for detailed instructions on how to use Bridge 2.0, while selecting “gCOTI’’ in the asset field: gCOTI’s ERC-20 current individual cap is 500K gCOTI per user per day. The bridge’s total daily cap is 10M gCOTI. gCOTI contract details: Contract: 0xAf2CA40d3fc4459436D11B94d21FA4b8A89fB51d Decimals: 18 To learn more on how to use the COTI Bridge, you can watch our tutorial video: — Stay COTI!. — For all of our updates and to join the conversation, be sure to check out our channels: Website: Twitter: Telegram: Github: Discord: Technical whitepaper: coti.iofiles/COTI-technical-whitepaper.pdf gCOTI is Now Available on COTI’s Bridge 2.0! was originally published in COTI on Medium, where people are cont...

gCOTI Voting Update

As recently announced, gCOTI’s first voting event is right around the corner! The addition of voting marks the second significant utility for gCOTI, COTI’s Treasury governance token. The announcement sparked substantial discussion within our community. As always, your input is of great importance to us, and we take it seriously. After carefully considering all your feedback, we have made the following decisions: We are expediting the implementation of gCOTI on the bridge, and deployment is scheduled to take place very soon. This deployment will enable seamless swapping between Native gCOTI and gCOTI ERC-20., We have also decided to postpone the first gCOTI voting event to Thursday, November 9th, at 12pm UTC. The voting will conclude on Sunday, November 12th, at 12pm UTC., In response to the community’s suggestion, the vote will occur in two steps. The first step, scheduled for this Thursday, will focus on whether we should change the APY Boost, either by lowering or raising it, or keeping it as is. The second step, following the results of the first vote, will determine the precise adjustment to the boost level. Specific options will be presented prior to the second round of voting., With the exception of the voting options, all the information provided in our voting announcement, including details on how to cast your vote and how the votes are tallied, remains up-to-date and can be found here: Stay tuned ...

Announcing gCOTI 1st vote!

We’re happy to announce that the first gCOTI vote will take place on November 9th, 2023! Alongside the APY Boost function for Treasury deposits, the addition of voting will mark the second major utility for gCOTI since we launched the token back in April 2023. gCOTI empowers community governance over COTI’s Treasury, for the first time ever! The first vote revolves around the APY boost, with users given the opportunity to select whether or not the current APY boost percentage should be modified. The vote is scheduled for November 9 at 12pm UTC and concludes on November 12 at 12pm UTC. In this article, we’ll explore the entire voting process from start to finish. — Who is Eligible to Vote?. — All Native gCOTI holders are eligible to vote, regardless of the amount of gCOTI held or locked in Treasury deposits. — How do I Place my Vote?. — Login to your VIPER Wallet: If you still don’t have a COTI VIPER Wallet, here’s a step by step guide demonstrating how to create one., From within your VIPER Wallet, navigate to the new Governance tab on the left hand menu., 3. On the Governance tab, the current voting proposal is displayed. In this instance, the vote is to determine the implementation of a new APY boost and whether it should be increased, decreased or remain as is. 4. In order to submit your vote, a voting fee of 0.00000001 gCOTI is required. Select the address that is as...

Meet COTI Island, COTI’s Newest Mainnet Node!

We are pleased to announce the addition of another brand new node to mainnet: The COTI Island Node! The new Node is now live and running. COTI Island Node is run by Kev, a proud Spanish native who named the node after his party island home of Ibiza. In addition to running a Testnet node for a year, Kev has been an extremely active community member since 2020, both online and offline. Kev regularly features in COTI’s top 20 contributors list for both Telegram and X, formerly known as Twitter. He is also one of the unofficial COTI community moderators on X. Here’s what Kev had to say:“It is an honor for me to have been selected for COTI’s next mainnet node operator, getting the chance to contribute in a better way to the project and the community.I joined COTI in August 2020, and I have to say it has been an incredible journey since then. I have met a lot of nice people here who are always willing to help, and because of that, I learnt a lot about COTI and the crypto space in general.But what I love the most, is to feel myself being part of this amazing ecosystem with such a great team behind it and a lovely community called the COTI fam. 💙.” The demand to become a COTI Mainnet Node operator remains high, however, we do routinely select new operators from the Testnet. Our selection process for new Mainnet Node operators is a careful one. We take everything into consideration including technical ability, amount ...

Progress Update: COTI Pay Business — Private Payment Network Solution

Progress Update: COTI Pay Business — Private Payment Network Solution - We’re pleased to provide you with another update on the Private Payment Network (PPN) solution we are building for a major client. Launching the first Private Payment Network is a significant milestone for COTI as it not only showcases COTI’s entire tech stack but also boosts network usage and subsequent fees. The integration of the private payment network is on track for completion in the next few weeks. This will be followed by a comprehensive penetration test prior to launch. The work on the PPN is proceeding according to our planned timeline and scope. In the past year, we’ve been working tirelessly to create a robust and feature-rich solution that offers substantial benefits to both our client and its vast user base. As we approach the final stages of integration, we wanted to share with you an update on where we’re at: As mentioned in our previous update, the solution offers minting, issuing, and facilitating transactions of new tokens representing various fiat currencies. Users will be offered compelling incentives to transact in these new tokens due to the substantial operational cost savings they offer to our client. These transactions will be seamlessly routed through COTI’s infrastructure, ensuring scalability, performance, cost-effectiveness, and robust data management, all while the COTI ecosystem will benefit from an incre...

Delegation Rewards Distribution for SHEN Holders — Epochs 431 and 432

Delegation Rewards Distribution for SHEN Holders — Epochs 431 and 432 - SHEN holders are provided with unique benefits in return for providing collateral to the Djed protocol. These come in the form of a share of mint/burn fees as well as delegation rewards from the deposited ADA in the reserve pool. Top Cardano DEXs and DeFi platforms also give users opportunities to earn farming rewards on their SHEN holdings. Every epoch (5 days), a snapshot is taken randomly to identify all SHEN holders and the amounts held. Approximately 3–4 epochs (15–20 days) after this, delegation rewards are distributed to the addresses recorded in the snapshot. Rewards have been distributed for Epochs 431 and 432, and we’re happy to share some of the details with you. — Results for Epoch 431. — The snapshot for epoch 431 was taken on August 20th, 2023 at 14:29:19 UTC., 14,365.95 ADA have been distributed amongst 2,686 SHEN holders., Slot number in epoch 431: 146667, Absolute slot number: 100975467, — Results for Epoch 432. — The snapshot for epoch 432 was taken on August 24th, 2023 at 7:18:35 UTC., 13,804.80 ADA have been distributed amongst 2,696 SHEN holders., Slot number in epoch 432: 34415, Absolute slot number: 101295215, As mentioned before, on top of the delegation rewards, SHEN holders can also benefit from APRs offered by various DEXs and DeFi platforms. Current APRs are: MuesliSwap ADA / SH...

COTI’s Treasury Now Enables 2FA for Withdrawals

When it comes to security, our users’ safety is our top priority. So when our community asked us to add another security layer to Treasury withdrawals, we didn’t hesitate. We are pleased to share that two-factor authentication is now available for Treasury withdrawals. Just like with logins, Treasury withdrawals now have an added layer of security for the user’s piece of mind. In order to enable 2FA for withdrawals, you must enable it for login as well. If you haven’t enabled it already, here’s what you should do: Go to ‘Settings’ on the left menu bar. Click on the toggle button to enable login 2FA:, 2. After clicking the toggle, a pop up will appear. Check the option to allow 2FA withdrawals and then enable the 2FA button. You will now be redirected to the COTI Payment System: 3. Now that you’ve been redirected to the COTI Payment System, click ‘Enable’: 4. Follow the steps on the page: Download Google authenticator if you don’t have it already, scan the QR code, enter the login password to your VIPER Wallet and then enter the code received from the Google Authenticator app. 5. Now, in order to go back to the VIPER Wallet, you will have to sign in using the 2FA. — If you already have 2FA for login:. — If you already have 2FA for login, after clicking on settings, all you have to do is click on the toggle button to enable 2FA for withdrawals:, 2. Enter the 6 digit code from google au...


COTI V2 Developer Network Goes Live, Unveils Privacy-Centric Possibiliti...

    Web3 infrastructure development firm COTI has unveiled a developer network ahead of its upcoming launch of the privacy-centric Ethereum-based layer-2 network COTI V2. According to a press release sent to CryptoPotato, the COTI V2 developer network has gone live, introducing a novel layer of confidentiality and advanced garbled protocols to the blockchain. COTI V2 Devnet Goes Live The developer network will enable market participants to explore several web3 use cases, including confidential decentralized finance (DeFi), on-chain sensitive data management, confidential machine learning and artificial intelligence, Dynamic Decentralized Identification, and confidential transactions for payments, stablecoins, and real-world assets. The COTI V2 devnet provides several tools for development teams, including a Python SDK, a faucet to cover gas for on-chain activity, a NodeJS SDK, server access, extensive documentation, and an explorer for on-chain analytics. COTI designed the network to enable experimentation with new smart contracts using COTI V2. The web3 infrastructure development company claims developers can use the network to build one of the best techniques within multi-party computation for securing private information. COTI Unveils $52M Grant Program For Devs To spur developers to build on the devnet, the COTI Foundation has unveiled a new grant program to reward builders for their contribution. The foundation has set aside 400 million COTI, worth roughly $52 million at cur... read More

COTI to Launch Privacy-Centric Ethereum Layer-2 Network

    Web3 digital infrastructure provider COTI announced plans to launch a layer-2 chain on the Ethereum network that will be focused on adding a privacy layer to its products and services. According to a statement seen by CryptoPotato, the new protocol, COTI V2, will use a cryptographic technology called Garbled Circuits to enhance privacy while ensuring high speed and scalability. COTI Unveils Privacy L2 Network COTI claims Garbled Circuits is ten times more efficient than the Zero-Knowledge protocol, a method used by several layer-2 blockchains on the Ethereum network. COTI’s new protocol will utilize Ethereum’s pre-existing liquidity and security while implementing robust privacy protection for the ecosystem. The launch of COTI’s new protocol is driven by the lack of privacy and confidentiality on all layers of the public blockchain. The digital infrastructure provider believes the current state of the blockchain ecosystem gives malicious actors enough room to operate and that only strong privacy-centric architecture can protect the Web3 community. Besides ensuring privacy protection, COTI intends to focus on building areas that are “woefully lacking” in Web3. The protocol’s first challenge would be resolving users’ ability to use the blockchain in complete privacy. COTI V2 will implement cryptography, enabling users to execute transactions without exposing their payment histories, wallet values/addresses, or other sensitive informatio... read More

COTI Announces Succesful Hard Fork for Multi-Token Network Expansion

    Blockchain protocol Coti announced the successful hard fork event - MultiDAG 2.0 - that aims to transition the ecosystem from a single currency infrastructure to a multi-token network. In a press release shared with CryptoPotato, Coti also revealed the launch of the Mainnet on December 29th, during which Explorer 2.0 was also deployed alongside the Bridge 2.0 wallet app. In a statement, the team behind the protocol said, 'This launch signifies a massive step for the crypto industry, as well as COTI, as the MultiDAG 2.0 will increase the growth of the widespread adoption of crypto payments for enterprises that are yet to adopt crypto payment solutions. The transition from a single currency infrastructure to a multi-token network is an exciting step for us, and we're glad to have your support on this important path.' MultiDAG 2.0 Launch The MultiDAG 2.0 protocol leverages the CMD (COTI MultiDAG) standard that facilitates the issuance of tokens on top of the COTI Trustchain, a concept similar to the ERC20 token on Ethereum. However, in the case of this protocol, the issuance takes place on a single DAG. The release is expected to boost Coti's position to help enterprises by allowing them to launch their own Private Payment Network (PPN) which includes the issuance of CMD branded payment tokens, issuance of CMD branded loyalty tokens, and more. According to Coti, these new tokens will have the same capabilities as that of the Trustchain in terms of high scalability, security, and... read More

Cardano asset trading platform Tent integrates COTI stablecoin DJed

    COTI, a DAG protocol optimized for decentralized payment networks, announced today that it a formed a partnership with Trading Tent, a platform for trading any type of native Cardano asset within two wallets. Through this partnership, Trading Tent will integrate $Djed into their trading system to enable the stablecoin for buying and trading of Cardano NFTs, along with other native Cardano assets. 'The integration of DJed into Tent will add a new layer for traders to trade their favorite NFTs. Stablecoins like Djed are quickly gaining popularity amongst NFT marketplaces as an alternative solution to the volatility risks of traditional cryptocurrencies. We’re really excited to be along with the first integrations of DJed into day-to-day case uses.” - Sam Portillo, Strategic and Creative Director of Trading Tent is a service that allows users to live-trade native Cardano assets (NFTs, tokens, and/or ADA) in a single transaction easily, securely, and instantly. The post Cardano asset trading platform Tent integrates COTI stablecoin DJed appeared first on CryptoNinjas. read More

COTI links with Cardashift to accelerate social & environmental projects...

    COTI, a DAG protocol optimized for creating decentralized payment networks and stablecoins, has now announced another fresh partnership, this time with Cardashift, Cardano’s community-run launchpad. Cardashift will COTI explore possibilities to offer Djed to Cardashift and the projects it supports. This partnership, among over 20 others, will support the development of the Cardano DeFi ecosystem. “Cardashift is excited to announce its new partnership with COTI to support the development of the Cardano ecosystem. We do believe that strengthening links between Cardano major actors could be an efficient way to democratize blockchain technology! Cardashift and COTI will share knowledge to support impactful projects and create a virtuous Cardano investing ecosystem.” - Vincent Katchavenda, CEO, Cardashift Cardashift is a community-run launchpad that raises funds, builds, and accelerates startups that are solving social and environmental issues. Cardashift is based on the blockchain platform, Cardano. “By working with Cardashift and exploring Djed possibilities, Cardashift is helping new businesses to succeed and scale their idea from start to end: with a finished product/service, We are happy to see more and more projects joining us to ensure Djed’s utilization across the Cardano Defi ecosystem.” - Yair Testa, Head of Business Development, COTI The post COTI links with Cardashift to accelerate social & environmental projects using Djed stablec... read More

DAG-based blockchain ecosystem COTI launches $10M ecosystem fund

    DAG-based blockchain ecosystem COTI, today announced the launch of ecosystem fund: COTI Ventures. There will be an initial budget of $10 million USD, which will be used to invest in equity, tokens, and other forms of capital in early-stage startups developing solutions related to COTI's ecosystem. 'We're focusing on investing in strong and experienced founding teams with a robust business plan that relies on a great product-market fit and a quick time to market, thus creating strategic partnerships and encouraging new use cases for our tokens, products, or infrastructure.' - The COTI Team Investments Recently, the fund has made its first investment in WingRiders, a new and encouraging Cardano DEX, joining other participants in the funding round that included cFund, Longhash, and others. The second investment was made in ADASwap, which raised $2.6M in a recent funding round. Both investments include a partnership with the projects, as well as Djed (crypto-backed algorithmic stablecoin that acts as an autonomous bank, developed by IOG and issued by COTI) integration into their platforms, which increases Djed's participation in trading through liquidity pools, Djed pairs, and more. COTI Ventures welcomes builders and early-stage projects interested in collaborating with the COTI ecosystem to apply for investment by sending an email to: The post DAG-based blockchain ecosystem COTI launches $10M ecosystem fund appeared first on CryptoNinjas. read More

COTI Launches a $10 Million Fund for Ecosystem Development

    The blockchain payments network COTI has unveiled COTI Ventures, which will focus on investing and capitalizing on the 'upside opportunity' in the COTI ecosystem. The initial budget is $10 million, directed towards equity, tokens, and other forms of capital in early-stage startups developing solutions associated with the COTI's ecosystem. COTI Ventures As per the release shared with CryptoPotato, COTI's Chief Financial Officer, Yair Lavi, and a team of analysts and researchers will spearhead the fund. They will be tasked with identifying opportunities for collaborations and analyzing ways to contribute to the COTI business model. In addition to the initial investment, the team will also guide the selected projects and leverage expertise, connections as well as resources to assist them in achieving their business objectives. COTI says that the focus is to churn out 'strong and experienced founding teams with a robust business plan that rely on a great product-market fit and a quick time to market.' With this initiative, COTI joins the likes of  Andreessen Horowitz (a16z), Sequoia, Bessemer, and Bain, which have established Web 3 and blockchain-focused funds. While talking about his role in COTI Ventures, Lavi stated, 'I look forward to my new adventure as head of COTI Ventures. During my 4 years at COTI, I’ve seen our ecosystem, as well as our variety of products and services, grow tremendously, and the next evolution is to encourage new teams to work together with ... read More

COTI Releases 2022 Roadmap: Plans to Focus on Becoming a Robust Payments...

    The open-source payment infrastructure program COTI has released its roadmap for 2022 as it aims to position itself as a go-to Layer 1 for payments. COTI's 2022 Roadmap In a press release shared with CryptoPotato, COTI revealed that it is building a Layer 1 with its DAG-based Trustchain. It also plans to build the necessary tools required for mass adoption by providing wallets, banking solutions, processing tools, etc. With the help of the MultiDAG 2.0 layer, COTI intends to issue more tokens on top of its Trustchain enabling developers, merchants, and enterprises to issue tokens with features such as scalability, high throughput, cost-effectiveness for payments like COTI Pay Business. Expanding COTI from a one coin network to a Layer 1 with multiple tokens on top of it to be leveraged by consumers and merchants around the world remains the main goal behind the move. Development of MultiDAG 2.0 is currently underway and will be launched on mainnet in Q3. In the following quarter, COTI seeks to offer its enterprise clients to use of the MultiDAG technology for the purpose of stablecoins and other digital currencies issuance issue stablecoins. COTI and Cardano COTI also revealed that it will launch Cardano’s first-ever stablecoin Djed on testnet in Q1.  After an external security audit is performed and the results are received, it will be deployed to the mainnet, which is slated for Q2.  The focus will then be shifted to managing Djed’s liquidity bootstrap... read More

COTI in 2022, The Relationship With Cardano, NFTs & BTC: Interview with ...

    Shahaf Bar-Geffen is the CEO and founder of COTI Network, a blockchain-based payments network. Bar-Geffen has a rich background in the tech field, and, believe it or not, back in 2016, he sold a media company by the name of Web3 to Mccan Erickson Group (IPG). He also founded a company called Positive Mobile - one of the first venues to advertise on smartphones and a company that was also acquired later on. His crypto passion started in 2015 and became even more serious when he founded COTI in 2018. Since then, COTI had become a noteworthy player in the field. In this exciting episode, we chat about what is COTI, its close relationship with Cardano, the CVI - which is the crypto version of the famous VIX, and of course the market sentiment and the recent trends - NFTs and the metaverse. What is COTI? The 2022 Edition First things first, COTI is a layer-1 protocol that has its own native chain. It's optimized to do payments - more precisely, consumer-merchant payments. 'This means that we've built everything from the grounds up to specifically solve the issues around payments.' - According to Bar-geffen. Talking about the issues that COTI stands to solve, the world's underbanked population came to rise, and he argued that the currently existing system is just not cut to handle issues of this kind. Centralization, expensive transactions, lack of transparency - these are all just some of the challenges that COTI tackles, in the words of Bar-Geffen. He also explained some of... read More

COTI Expands Staking Opportunities With Launch Of Its COTI Treasury

    The COTI Treasury is finally up and running, giving community members with an appetite for greater risk more options to capitalize on their ecosystem investments. Described as an “algorithmic and decentralized $COTI pool”, the COTI Treasury will grow over time as it collects fees on all COTI ecosystem transactions, and users will have the opportunity to earn some of those rewards by staking their tokens in it. While staking has previously been available with COTI it has up until now had fairly limited functionality. With the COTI Treasury, users can set their own risk tolerance and benefit from much higher APYs, so long as they’re willing to accept a higher possibility of their deposits being liquidated. “The Treasury binds everything that we do at COTI into one coherent system,” said COTI Shahaf Bar Geffen. “Our commitment is to continue to grow the ecosystem in terms of services, volume, and partnerships to enable lucrative rewards for our users”. The way it works is this: First, the user decides how much $COTI they’re willing to deposit into the Treasury (any amount) and the duration they want to lock up their coins for. Then, they select the multiplier, which has a direct impact on the APY they’ll earn. A 1X multiplier comes with the lowest risk and, consequently, lowest APY, while a 4X multiplier can offer an extremely generous APY of 80% or more, depending on other factors, though such a high potential reward comes w... read More

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