Weekly Updates From the COTI Team
Ticking another COTI’s 7 and continuously building, here is our weekly recap:
- ADA Pay continues to grow, now offering an NFT auction to Wolfram Alpha
We are happy to announce that our work with IOG and the Cardano Foundation continues to expand, and ADA Pay will now be used by Wolfram Alpha for an NFT auction. Read all about it here: https://cotinetwork.medium.com/ada-pay-continues-to-grow-now-offering-an-nft-auction-to-wolfram-alpha-6b606eee5f5c
- $COTI Native is coming to Ledger!
After extensive technical development and testing, we have finished the development of COTI’s integration to Ledger. COTI is now ready to be listed on Ledger’s cold wallets. Read more here: https://medium.com/cotinetwork/coti-native-is-coming-to-ledger-c56b04df1253
- NFT Updates
Yesterday we announced the successful second weekly NFT raffle! Congratulations to the 205 winners! Watch the Raffle results presented by Efrat Bar Lev, COTI’s VP marketing and read all details here: https://medium.com/@cotinetwork/coti-nft-game-2nd-week-raffle-results-f0f6b1307efa
The 3rd CLAIM period for the COTI NFT game is on!
You have until Sunday, June 27th at 9am UTC to press the CLAIM button in your COTI Pay VIPER wallet.
For all the information on how to participate, make sure to visit here: https://medium.com/cotinetwork/how-to-participate-in-cotis-nft-game-and-win-prizes-of-over-2-000-000-coti-549dc6f987bb
- Bridge update
After a few successful tests, we are happy to move forward to opening the bridge without a pre-application process (the form). The bridge will be open a few times a week — please make sure to verify whether the bridge is open by visiting bridge.coti.io to see whether the bridge is open. If it is, you will be able to swap from Native to ERC20 with the current daily cap of 2,500 COTI per user.
We remind you that using the bridge while it is closed or trying to swap more than the authorized limit will lead to stuck transactions which may take up to 14 days to be refunded.
The next step will be to grow the daily caps per user and then to permanently open the bridge. Step by step.
- Preview: the Crypto Volatility Index version 2 is coming!
Version 2.0 of the Crypto Volatility Index will be released within the next few weeks, bringing CVI users several major improvements. Read more here: https://cviofficial.medium.com/the-crypto-volatility-index-version-2-0-is-coming-a-preview-of-the-new-design-53044f4c25cb
- CVI dev team completed the planned update — 50% of the open position fees will now go to liquidity providers on all three platforms (USDT & ETH platforms on Ethereum Mainnet, as well as the USDT platform on Polygon).
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