The gCOTI Airdrop Campaign will go LIVE tomorrow at 1pm UTC! Join and Be the First to Use the APY Booster

COTI

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COTI

2 min readApr 2, 2023

The biggest airdrop in COTI’s history launches tomorrow at 1 pm UTC!

The countdown will go live soon here: https://treasury.coti.io/programs

Participants of this campaign will be the first to receive gCOTI, and the first to use the APY booster.

As no further gCOTI will be released until it hits the open market, participants in this campaign have a unique opportunity to maximize their deposits’ rewards before the general public.

The boost provided is dynamic and will change over time. However, during the launch, it is expected to be significant due to the limited supply.

The boost can be applied to every deposit in the treasury and increase its APY accordingly.

Here’s a quick recap of what’s coming in the gCOTI Airdrop campaign:

The Campaign will begin for Native $COTI holders on the 3rd of April at 1 pm UTC.
The Native $COTI Campaign has an allocation of 45M-55M Native gCOTI (including 1M for early birds and 2M for current depositors).
Users must have a COTI VIPER Wallet to participate.
Users will be able to migrate existing deposits and choose a new locking period of 180, 270 or 360 days with a X1 multiplier (no liquidation risk!).
Deposits in the Native campaign will attract both $COTI APY and amount of Native gCOTI received, as per the locking period.
Once selected and submitted, the locking period will begin immediately and the deposit cannot be redeemed early, the APY rewards can.
Users will be able to create multiple deposits, each with the locking period of their choice.
Users that enroll early to the native campaign will be eligible for an early birds bonus set at a cap of 50M $COTI.
The Native $COTI campaign has a soft cap of 100M $COTI that affects how much gCOTI is distributed.
Once total deposits exceed 100M $COTI, an additional 10M gCOTI will be made available for distribution to all campaign participants, bringing the total to 55M.
Native gCOTI will be airdropped to all campaign participants simultaneously on the 1st of June.

Want to know more about the gCOTI Airdrop Campaign? Here’s everything you need to know.

Join tomorrow at 1 pm UTC for your chance to enjoy the early birds benefits!