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Save The Date: COTI’s Treasury Launch is Set For Feb 1st!

The news that you all have been waiting for… We will be launching the COTI Treasury on Tuesday, February 1st, 2022!

In the coming days, we will be sharing a detailed guide and videos describing all you need to know about the Treasury and how to use it. Stay tuned!

We wish to remind you all that depositing in the Treasury is only available using a VIPER wallet and Native $COTI. Make sure you have both!

If you’re currently staking $COTI, here’s what you need to know:

  • The Staking 3.0 program will end its life cycle on February 28, 2022.
  • All previous staked COTI will be automatically unstaked on March 2nd 2022
  • You can continue to stake on the Staking 3.0 program during February while depositing any other amount of $COTI you may have to the treasury.
  • If you wish to withdraw your staking before the end of February and move to the treasury, you will be able to do that at any time, by clicking UNSTAKE. Your funds will be distributed to you within 24 hours. Please note that unstaking before the end of February’s cycle will mean that you will not be eligible for February’s rewards.

What to do next:

  1. Make sure you have a VIPER wallet with the amount of Native $COTI you plan on depositing. Here’s how to open one if you don’t have one yet.
  2. If you need to convert ERC20 $COTI to Native $COTI, you can do it here: https://bridge.coti.io/
  3. If you currently stake $COTI using the Staking 3.0 program, decide if you wish to fully unstake and go all-in to the Treasury or gradually unstake post the launch of the treasury.
  4. Follow our channel and the countdown that will be published on Sunday.

We want to thank the community for all of your support and let you know how excited we all are for the launch of COTI’s treasury!

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.gg/9tq6CP6XrT

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

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COTI

COTI

COTI is a DAG-based Layer 1, specifically designed for Enterprises. COTI’s Protocol is scalable, fast, private, inclusive, low cost and is optimized for finance