Stay COTI! $DJED $SHEN /SJBEa3rzMdĬOTI’s newly-launched initiative provides additional evidence of the advantages of Cardano’s latest stablecoin DJED which went live on Jan. Two days after the launch, COTI transferred the first batch of COTI tokens to the Treasury, adjusting the maximum APY to 118%.ĬOTI's Treasury just received the first batch of Djed operational fees!Ī conversion of $ADA to $COTI has just been completed on the open market, and the $COTI has been funneled to the Treasury as a reward to its participants. 19 hours following the launch, over 113 million COTI had been deposited, with 117 million tokens still locked in the 3.0 staking mechanism. After receiving ADA as operational fees for DJED, COTI converts these ADA tokens to COTI tokens on the open market and then sends them to the Treasury to be distributed as rewards.ĬOTI revealed that the initiative had reached significant heights barely a day after the Treasury was launched. Part of the rewards comes from the COTI tokens transferred to the Treasury by COTI. You can now deposit any amount you wish into the COTI Treasury and earn $COTI rewards. Ethereum is a platform that uses blockchain technology to. We are ecstatic to announce that the COTI Treasury is successfully launched! Top Ethereum Ecosystem Tokens By Market Capitalization Ethereum is the community-run technology powering the cryptocurrency ether (ETH) and thousands of decentralized applications. Ether is the token used to facilitate transactions on the Ethereum network. Users can only deposit native COTI to the Treasury using Viper Wallet, COTI’s native self-custody wallet. The COTI Treasury is an algorithmic token pool that allows users to stake their COTI tokens to receive rewards. The development follows the launch of the Treasury on Feb. The second batch of Djed operational fees was sent to the COTI Treasury!Ī conversion of $ADA to $COTI has just been completed on the open market, and the $COTI has been funneled to the Treasury as a reward to its participants. The resulting COTI tokens were then channeled to the Treasury to be used as staking rewards for users who staked their native COTI tokens. There is no central repository of token balances, since they are all their own individual contracts that just contain user balances. You'll then have to do a balanceOf query on each token with the address you want to get balance for. The move comes after Cardano (ADA) tokens were converted to COTI on the open market, details from the announcement reveal. That's exactly what Etherscan does - they have a list of tokens that they track. Accordingly, the maximum APY for staked tokens has been adjusted to 74.4%. The petition alleged that CoinEx listed various tokens and services that qualify as securities and/or commodities under state law. COTI, the blockchain-based payment platform in charge of the Cardano stablecoin Djed, announced today that it had sent the second batch of Djed’s operational fees to the COTI Treasury to distribute among users as staking rewards.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |