Insane Start for gCOTI Campaign: 100M $COTI Deposited in 90 Seconds!

On Monday, April 3rd, the gCOTI campaign got off to an amazing start with a deposit of 100,000,000 $COTI into the Treasury in just 90 seconds! In just 16 seconds, the early bird bonus cap of 50M $COTI was hit, and 78 fast participants will share a 1M gCOTI bonus.

The gCOTI Airdrop campaign for Native $COTI is now live and will last for the next 14 days. Additionally, the gCOTI Airdrop campaign for $COTI ERC20, USDC, and USDT holders will be launched on April 17th. Participants can lock their tokens in the Treasury by connecting their MetaMask wallet, and up to 30M Native gCOTI will be allocated to this campaign.

by COTI Channel

Currently, the APY is 11% for a 360-day locking period, and users who lock their gCOTI rewards for 360 days will receive four times more rewards than those who lock for 180 days. The campaign's soft cap was reached with the first 100M $COTI deposited, which impressively raised the total rewards from 45M gCOTI to 55M gCOTI.

Due to high demand, some users faced connectivity issues and got a “service unavailable” error while logging in the VIPER wallet. The COTI team apologized for the inconvenience and reminded users that they still have about 14 days to participate in the campaign.

For those who don't have a VIPER Wallet, an ERC20 Exchange-Based Campaign will also be launched, enabling participants to lock their $COTI ERC20 tokens with an exchange and receive gCOTI ERC20 tokens as a reward. Up to 10M gCOTI ERC20 will be allocated to this campaign. All details, including the start date and the name of the partnered exchange, will be announced by the team closer to the launch.

Exciting Update on gCOTI Airdrop Campaign

The gCOTI Airdrop Campaign has gotten off to an incredible start, with over 319 million $COTI already deposited into the campaign, including a whopping 263 million $COTI in just the first 24 hours!

The COTI team had previously announced a cap of 50M $COTI for the early bird bonus, which was reached in less than 1 minute, making 78 lucky participants eligible for the early bird bonus.

However, after carefully reviewing the campaign logs and listening to community feedback, the COTI team determined that an additional 167 users were also eligible for the early bird bonus. To ensure fairness for all, COTI has increased the gCOTI allocation for the Native campaign from 55M to 56M (at the expense of the 5-year distribution allocation) and extended the early bird total bonus to 2M $gCOTI.

A report has been compiled that includes the addresses of all 245 early bird users as well as the corresponding amount of gCOTI to which each is entitled, ensuring complete transparency.

The COTI team has decided to postpone the ERC20 campaign by one week, with the new date set for April 24th, in anticipation of high demand. This will allow them to better prepare their systems to ensure that participants have a smooth and seamless experience. COTI ERC20, USDC, and USDT holders can lock their assets into the Treasury from April 24th to May 8th.

Additional information will not change, and the entire supply of 30M gCOTI will remain available to participants. The current Native gCOTI campaign will still end on April 17th, as planned.

Don't miss out on this fantastic opportunity to participate in the gCOTI Airdrop Campaign and reap the benefits! Stay tuned for more information and join the gCOTI revolution.