The gCOTI Airdrop Campaign for ERC20 Based Tokens Will Go Live In 3 Days! Here’s How to Get Involved.

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COTI

2 min readApr 21, 2023

After a hugely successful Native $COTI campaign, our focus now is on the second phase of the gCOTI Airdrop. In this part of the campaign, holders of $COTI ERC20 and selected stablecoins (USDT/USDC) will be able to lock their tokens in return for a share of gCOTI airdrop rewards.

Here’s a quick recap on how to get involved in the gCOTI airdrop campaign for ERC20 holders.

Campaign Details

The ERC20 based token phase of the campaign begins at 1:00 PM UTC on the 24th of April and will run for 2 weeks.
The participants of the Native COTI and ERC20 based tokens campaigns will be the first to utilize the APY boost feature, which will be enabled in mid-June.
Participants will need a VIPER Wallet in order to enroll in the campaign and to receive their gCOTI rewards. Holders that don’t have a VIPER Wallet will be able to participate in an exchange-based campaign on a later stage.
Participants will be able to connect their Metamask wallet to COTI’s Treasury and deposit any amount of $COTI ERC20, USDT or USDC. No fees are charged on COTI’s side however users are required to pay the relevant gas fees.
Just like in the Native $COTI campaign, participants will have a choice of locking their tokens for 180, 270 or 360 days. The longer the locking period, the higher the estimated Native gCOTI amount received.
A predefined soft cap of 5M USD worth of tokens is set for the ERC20 based token campaign. If the total amount deposited is worth less than 5M USD, 25M gCOTI will be made available for distribution. Once the 5M USD soft cap is reached, a maximum total of 30M gCOTI will be available for distribution, regardless of market price changes.
The Native gCOTI allocated to the ERC20 based tokens campaign will be distributed amongst participants on the 1st of June.

The first phase of the gCOTI Airdrop Campaign exceeded all expectations. We’re hoping this next phase is equally as successful. Make sure you keep an eye out for updates leading up to the launch of the campaign.

Watch the tutorial:

For a detailed article on how to get involved click here: https://medium.com/cotinetwork/the-gcoti-airdrop-campaign-is-right-around-the-corner-heres-how-to-get-involved-726ab984b22e