TechFlow news: COTI has announced on Twitter the temporary suspension of gCOTI trading activities. The team is progressing with the gCOTI community initiative as planned and will soon release further details.
In addition, COTI continues advancing the initial utility of gCOTI—boosting APY for the Treasury application.
On May 25, COTI announced it would distribute 82 million native gCOTI tokens on June 1 to participants in the gCOTI airdrop event. Eligible users receiving the first batch of gCOTI distributions will also be the first to access the APY feature. The feature is expected to launch by the end of June, enabling users to stake gCOTI alongside their COTI deposits in the Treasury to earn a larger share of Treasury rewards.
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