We are happy to announce that the rewards for the June staking cycle have been successfully distributed on July 1st, 2021.
Despite the turbulence in the Crypto market, COTI managed to generate a transaction volume of $24.5M, growing a bit from last month
As announced earlier this week, we decided to increase the staking capacity of each Community node from 8M $COTI to 9M $COTI, thus adding 13M new $COTI staked, which brings the total staking pool to 142M $COTI, further limiting COTI’s circulation. Thanks to the increased total staking capacity of each Community node, we were able to approve 600 new stakers for the July staking cycle and over 70 meaningful staking upgrades.
We are aware that the COTI staking program waiting list is long and that it continues to grow along with our community. We remain committed to our community by maintaining a high return for the staking program, and we will continue to improve and upgrade our staking platform as our network grows.
Stake COTI, Stay COTI!
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
