Yesterday, December 30th, 2020, we launched the beta version of the decentralized Crypto Volatility Index (CVI) and trading platform. While the CVI platform is fully decentralized, as a community we all feel that there should always be benefits to $COTI holders using the CVI platform.
With that in mind, I can update right now that we plan to do the following:
The platform is launching with two deposit tokens: USDT and ETH. The next deposit token will be $COTI, so traders can use it to trade and liquidity providers can use it to deposit liquidity.
Even more so, when using $COTI on CVI, a user will enjoy reduced fees and a greater amount of $GOVI tokens received for his trades and deposits.
Lastly, we’ll continue to incentivize the COTI/ETH liquidity pool and allow users to stake their LP tokens and earn more $GOVI tokens.
More to come on this, stay tuned, stay COTI!