COTI Update
Just to let everyone know who has been following my posts on COTI that yesterday we had a few updates including proposed time lines. It is important to keep up to date with any investments you are involved with as these types of announcements/updates may influence your decisions.
First up is the Governance Token also known as GCOTI which will be the first token available on the MultiDag2.0. Timeline for the GCOTI airdrop is expected around mid October so there is still a good 6 weeks to increase your bags if you are interested.
What is interesting is how it will be used as those that stake the GCOTI in the COTI Treasury will benefit. The airdrop will not necessarily be calculate on the amount of COTI you have staked as there are other ways to earn these GCOTI tokens which will become more clearer over the coming weeks. If you can't stake on the COTI treasury due to where you live this is not the end of that as you will be eligible to earn them via other methods.
The GCOTI will be used for governance on the Treasury so the staking of these will result in increased APR for your COTI staking, a bit like a booster. Those that stake the GCOTI will also receive more COTI payments via the liquidation payments that happen when there is volatility in the market. This GCOTI token will not be available to purchase so you need to earn them via the various methods which will be announced shortly.
The investors who have chosen the longer periods will also benefit by receiving more GCOTI. There will be a 6 month and 12 month staking option coming over the next 6 weeks with an increased APR which will be good for long term holders. Who doesn't like earning more tokens when you are already staking as this is a no brainer.
The Enterprise tokens will be announced around the same time being mid October which will be interesting to see who these companies are as they say they are major corporations. I don't doubt this as whoever they are they need to be international with a need to have their own token combined with their own payment systems. I do think this announcement will shock many and expect people to stand up and look at COTI in a different light as this is a game changer.
Here is the link below for any of you wanting to watch the latest update video as there are many other things happening besides just what I have written about.
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Βro you must be very gifted in marketing. I stayed even though I had reservations, you convinced me and I made my own viper wallet and put on my first COTIs! Although there are many conflicting opinions as to how centralized as a project it is
Lol. Happy you have joined as this is a top project with legs. I do think it will become more dentralised as it moved forward. The DJED stable coin is decentralised and expect the other tokens they mint will also be the same.There are just too many good things coming which will increase the APR and I am not missing out on this. Under 10c for a token that offers payment services and is minting stablecoins is a no brainer.
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I thought in a similar way to you. i saw it like finding XRP at 0.08! Disappointingly little with this parameter that has a reliability system! It reminded me a bit of the Communist Party of China!
Ps: if it will go to the moon, i will buy you a present! What colour Labo do you like?
Lol. It will do very well and can't wait for them to announce which Enterprises are already on board as the price will rise quickly after that. Trying to increase my stake twice weekly at this point as making the most of these prices should pay off. No need for gifts as happy you are on board.
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Interesting stuff. That is cool that they might be giving those of us who can't stake a chance to earn the tokens.
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Yeah I thought of you when I was listening to Sharaf. He did say erc20 tokens (yours) and native which somehow means you will be included, but may not get as much. I am hoping that by writing article son COTI that this is included as they did mention that as an extra earner. We should know more shortly.
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For sure. I'd move mine if I had a place to move them. I think some are over on binance us, but I don't like keeping them on an exchange.
Since it can't be bought for now, how can we earn it? I will love to be part of the project.
You need to buy COTI and stake Coti in the treasury. You first need to get a viper wallet.
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