COTI Cross-Chain Bridge Reopens on Tuesday, May 18th
As of Tuesday, May 18th at 12:00 PM UTC, COTI’s cross-chain bridge will reopen for a limited daily capacity for Native to ERC20 swaps and for unlimited capacity for ERC20 to Native swaps.
This trial period will allow us to test technical improvements that have been recently implemented in preparation for the upcoming Native listing on a new exchange.
Please note that the daily capacity will be limited to allow us to keep the bridge open for a longer time period, hopefully until the listing occurs and the liquidity problem is completely resolved. The initial daily cap per user will be 2,000 $COTI / per day. We’ll be monitoring the cap and dynamically changing it as time goes by and according to liquidity conditions.
Important: Users are required to check if the bridge is open before making a swap. Failure to do so will result in a stuck transaction which may take up to 2 weeks to refund. Please make sure to check bridge status before making any swap by visiting here: https://bridge.coti.io/
The bridge status will appear at the top of the page so please read carefully:
You can also check the bridge bot: https://t.me/CotiTipsBridgeStatus
To better understand how the COTI bridge works, read this article: https://bit.ly/2XJMTcp
For all of our updates and to join the conversation, be sure to check out our channels:
Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf