A New Era For COTI Has Just Begun- The COTI Treasury is Now LIVE!

COTI

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COTI

3 min readFeb 1, 2022

We are ecstatic to announce that after intensive months of development, the COTI Treasury is now successfully launched!

You can now deposit any amount you wish into the COTI Treasury and earn $COTI rewards.

The COTI Treasury is a pool of $COTI, where users can deposit $COTI and be rewarded for their participation. The pool grows over time as the entire ecosystem pays fees, directly or indirectly, to the Treasury. When a user deposits $COTI into the Treasury, they are entitled to a share of the Treasury that grows over time as the pool collects more and more fees from the COTI ecosystem.

The COTI Treasury launch marks a major achievement towards our path to becoming the next generation financial ecosystem, as you can see in the video below:

The Treasury has many new upgraded features compared to the previous Staking 3.0 such as the Multiplier, compounding rewards mechanism and more. Those new features can be found in a detailed article about the Treasury.

This launch offers new opportunities for COTI holders to stake and earn rewards.

COTI CEO Shahaf Bar-Geffen said: “The Treasury binds everything that we do at COTI into one coherent system. Our commitment is to continue to grow the ecosystem in terms of services, volume, and partnerships to enable lucrative rewards for our users”.

We remind you that current COTI stakers can continue to stake on the Staking 3.0 program during the month of February while also being able to deposit any other amount of $COTI they wish into the Treasury. More details can be found here.

This is just the beginning for the Treasury! We are already working on more features, calculators and automatic processes to make your experience even more enjoyable. Furthermore, we expect the value locked in the Treasury to be substantial, we believe that the participants should govern it in a decentralized manner. Accordingly, we’ll be introducing a governance structure and a governance token that will be distributed to those who participate in the Treasury and replenish it. We are also building a cross-chain fee mechanism so that fees from COTI’s products will all go to the Treasury. This will give us the freedom to maximize opportunities and allow us to grow our ecosystem.