Hey All,
The #COTI team dropped this news on their X and discord channel about the much awaited Mainnet launch of COTI V2 on EVM. And yes this is all about to happen anytime next week. A new era is about to begin for the COTI where
they are going to bring privacy on blockchain for everyone that is on the EVM. At first we got to see that a major milestone was unlocked that brought COTI Testnet Node Installation was LIVE. Which meant anyone could now set up a COTI Full Node and participate in the decentralized ecosystem. The repository and installation guide as to how to get started can be found here - Running a COTI Node. So now the big question as a user is are you prepared for the mainnet launch? The COTI team also stated that in order to have a smooth and secure release, the launch will is going to happen is different phases, allowing for continuous monitoring of the network’s performance. I will not be going into describing all the phases involved here but just highlight them which are as follows::
COTI Mainnet Launch Planned Phases are as follows:
Private Mainnet Deployment and COTI V2 TGE [Token Generation Event]
Public Release of Mainnet - users will be able to add COTI’s new network to their MetaMask wallets, and the mainnet would be accessible via a new explorer.
Bridge release - For COTI holders to swap tokens from Native V1 → Native V2 and ERC20 ↔ COTI V2
Treasury V2 - Most important where the COTI rewards are given out. Necessary to have your Metamask linked to your COTI wallet on Viper. Treasury V2 is expected to launch about two weeks after the public Mainnet release.
COTI Nodes - COTI V2 Nodes operated by community members will go LIVE...So more rewards if you are running a COTI V2 node.
Total money in #COTI Treasury is close to $30 Million and my stake in here is about $8K not including the value to #gcoti token. At the same time I have already linked my metamask to the Viper wallet. So all set here for the migration to kick off and start reaping the COTI V2 tokens on layer 2 on EVM. The APR that I am getting is above 35% which is like good enough to accumulate #COTI tokens regularly and stake them back to the treasury for more rewards. I do #hodl liquid COTI and gCOTI just incase if there is a pump in price then I maybe booking some profits and if at all nothing happens then the plan is to move these liquid funds back to the treasury for long term and once in a while swap the rewards for other tokens that is of my interest and that would mainly be #hive for sure. I guess this should be it for todays post on - "Finally - COTI V2 Mainnet launches next week - Its Happening..." Interested then do yourself a favor to grab some coti and gcoti tokens now before they skyrocket and thank me later....& obviously DYOR... Stay Coti... Happy Investing... cheers
Have Your Say on COTI APRs - V2 upgrade is HERE - Link your MetaMask address to your VIPER wallet #COTI, #gCOTI token - HODL Vs SELL?
Did you link your Viper Wallet to MetaMask? Are you invested in #COTI token? Did you know about this bridge on the COTI platform that lets you to transfer your COTI from centralized exchange to a DEX? Are you staking COTI vs gCOTI? Would love to hear your thoughts around it in the comment box below?
Finally - COTI V2 Mainnet launches next week - Its Happening...
#coti #gcoti #payment #rewards #treasury #staking #node #howto #transfer #crypto #cryptoofinternet #hodl #binance #bridge #currencyofinternet
Best Regards
Image Courtesy:: coti.pay, congecko, medium, metamask
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects..