Coti launches a $10 million reward program to support the launch of the Coti v2 token
ChainCatcher news, the privacy layer project Coit based on Ethereum plans to distribute $10 million worth of Coti v2 tokens to its native Coti (COTI) token holders through an airdrop to support the launch of Coti v2. Coti v2 is a privacy-centric Layer2 protocol on Ethereum, dedicated to securely transmitting sensitive data across Web3 applications via blockchain.
The Coti v2 airdrop event will begin on March 25, and the distribution of tokens will start in the last quarter of 2024, following the token generation event. In addition to existing COTI token holders, the eligibility for airdrop rewards is also automatically extended to all financial participants. Coti further points out that the airdrop is in addition to the annual percentage yield rewards for token holders.