As we continue to develop the CVI trading platform, we are happy to present another ticked milestone in the CVI Roadmap: Gas Optimization
Gas Costs are a major concern in ETH based on-chain applications, especially with the recent surge in gas prices.
We are proud to announce that we succeeded to cut down up to 50% of gas costs with our optimized code.
While the entire ecosystem waits for Ethereum to improve congestion, we have actively improved our contracts to reach lower gas costs by usage data evaluation. We have improved our Solidity code by reducing our digital footprint as…
We are happy to present another milestone achieved on the CVI platform: The Advanced View.
The Advanced View offers access to additional data and stats, to better informed decisions and trades.
It is now possible to choose between Basic or Advanced views of the platform:
On January 20th, 2021, we released the Crypto Volatility Index (CVI) on MainNet. The CVI brings a new set of tools to the DeFi space. Users can:
We are happy to announce that the $GOVI tokens have been distributed and are now in the ETH address that has been provided during the claim periods of 2020.
$GOVI tokens holders vote on matters such as the tradable assets, leverage used, deposit amounts, platform fees and more. $GOVI holders who stake their tokens share the Crypto Volatility Index platform fees.
The initial circulating supply for the $GOVI token is 5.797M:
We are happy to announce that the code behind the CVI platform is now publicly available on Github!
As announced from the start, CVI operates a permissionless and open-source protocol. This means that any user can be a part of the development of the network and access the code on Github.
To learn more about the code behind the CVI platform, visit the Github page: https://github.com/coti-io/cvi-contracts
In addition, as part of our index and…
In October 2020, we announced the live launch of CVI, the world’s first crypto volatility index for the Decentralized Finance (DeFi) or also known as the “market fear” index. We’re excited to announce that we will integrate Chainlink to both decentralize how CVI is calculated and make CVI data available across other platforms. This integration helps CVI realize its ultimate vision of being a decentralized, stable, transparent, informative, and replicable benchmark for cryptocurrency volatility information.
We selected Chainlink as our go-to oracle solution because it’s the most secure, reliable, and flexible oracle network in the market. Not only has its…
Today marks a seminal day in COTI’s history. We have just released the first decentralized Crypto Volatility Index (CVI) and will be soon distributing the CVI governance token, $GOVI, once the CVI platform TVL reaches $500k USD.
We have created and released CVI and $GOVI to bring the very popular Market Fear Index from traditional markets to the crypto space.
Here is what we have seen as the big opportunity:
The Market Fear Index for traditional markets (VIX) is huge. In fact, the daily trading volume of VIX ETFs and Futures combined has grown exponentially to Billions USD in daily…
We are proud to announce the release of the Crypto Volatility Index (CVI) on MainNet.
The platform users can now connect with their Metamask, deposit USDT and buy positions or provide liquidity to the platform.
Users who expect more volatility in the market are anticipating the CVI value to increase. Such users should buy a position in the CVI index. If their predictions are correct, their profits would be proportionally related to the CVI index increase, and they would be able to sell their position.
Users who expect less volatility in the market are predicting the CVI value will drop…
CVI is a decentralized volatility index for the crypto space — powered by COTI network