How COTI Users Benefit From The CVI Platform
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!