COTI’s Staking 3.0 — Status Report

COTI
COTI
Published in
2 min readFeb 17, 2021

On February 11th, we opened the application to the Staking 3.0 program.

So far, the demand is immense.

Here are some numbers:

  • Over 1,200 people applied to be stakers in the program
  • Over 700 of the applications were admitted within the first 3 hours
  • 80% of the current stakers have re-applied to the new program
  • A staggering number of over 95% of current participants have asked to upgrade their staking amount
  • The demand for staking is well over 300M Native $COTI

The Staking 3.0 program will enable us to welcome new stakers to the network and to upgrade current stakers.

Remember: The application for the March cycle ends on February 20th, 23:59 UTC.

Approval emails will be sent between February 22nd and February 25th.

From the moment you’ve been approved, you will have 72 hours to stake. Please make sure you have enough COTI by then!

The application will remain open for future cycles.

Read the application guide here:
https://medium.com/cotinetwork/staking-3-0-application-is-now-open-bb4d6dae3ff3

For all of our updates and to join the conversation, be sure to check out our channels:

Website: https://coti.io

Twitter: https://twitter.com/COTInetwork

Telegram: https://t.me/COTInetwork

Github: https://github.com/coti-io

Discord: https://discord.me/coti

Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf

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COTI
COTI
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COTI is the fastest and lightest confidentiality layer on Ethereum.