Layer1 public chain COTI has decided to temporarily suspend gCOTI trading activities

2023-06-12 08:19:03

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ChainCatcher news, based on the DAG Layer1 public chain COTI tweeted that it has temporarily suspended gCOTI trading activities. The team is progressing with the gCOTI community activities as planned, which will be announced soon. Additionally, COTI is still advancing the initial use case of gCOTI, which is the APY enhancement for the treasury application.

It is reported that on May 25, COTI announced that it will airdrop 82 million native gCOTI tokens to participants of the gCOTI airdrop event on June 1. The first batch of eligible users for gCOTI distribution will also be the first users to utilize the APY feature, which will be enabled at the end of June, allowing users to deposit gCOTI along with COTI into the treasury and be entitled to a larger share of the treasury rewards. (Source link)

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COTI gCOTI Layer1

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