For the full guide on how to claim $CVX tokens from your COTI Pay VIPER wallet, click here.
The CLAIM option was open from October 14th at 6 am UTC for 24 hours, after which comes a 7 day period in which we’ll randomly select a time to do a snapshot to determine eligibility.
We’re humbled to say that many of you have taken the opportunity to claim $CVX and it was a great success.
1077 $COTI holders have participated, of which 137 did it in the first 30 minutes.
*To make sure that distribution is fair, the amount of $COTI that an individual can participate in the claim process is limited to 500K $COTI coins.
We remind you that eligibility for $CVX tokens is according to the following formula =
CVX distributed in the specific claim period * COTI amount in your participating address / Total eligible users amount
Please keep your $COTI coins in your wallet during the next 7 days to reserve your right to receive $CVX, as if you will move it you may miss the snapshot that determines your eligibility
If you missed the first CLAIM window, don’t worry, you will have more opportunities to do so. Distribution of $CVX to $COTI holders is not a one-time event. The first distribution was the biggest one and then the following distribution will be 10% less and so on, until 3.2M $CVX tokens are distributed when the platform is launched. So stay tuned for future distribution events!
We also remind you that you may also claim $CVX using your COTI ERC20 by posting liquidity to our Uniswap pair.