{"id":9363,"date":"2024-03-28T14:07:30","date_gmt":"2024-03-28T14:07:30","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/coti-airdrop-guide-and-review\/"},"modified":"2024-03-28T14:07:30","modified_gmt":"2024-03-28T14:07:30","slug":"coti-airdrop-guide-and-review","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/coti-airdrop-guide-and-review\/","title":{"rendered":"COTI Airdrop Guide and Review"},"content":{"rendered":"
\n <\/p>\n

COTI is the fastest and lightest confidentiality layer on Ethereum. Powered by the breakthrough cryptographic protocol Garbled Circuits and secured by Ethereum, COTI introduces the most advanced and compliant solution for data protection on the public blockchain<\/a>. Paving the way for the next wave of Web3 innovation and adoption, COTI unlocks a whole new world of use cases, including confidential transactions, Artificial Intelligence, DeFi, decentralized identification, and more.<\/p>\n

\t\t\t\t<\/span><\/p>\n

COTI is airdropping a total of 40M COTI<\/strong> tokens to past and new COTI participants. Visit the COTI treasury and deposit COTI tokens to share the total pool. The exact rewards will be determined by a combination of your current APY and deposit conditions such as your multiplier and locking period plus your time and activity in the Treasury. For every Treasury deposit, you\u2019ll start accumulating APY rewards that are redeemable at any given time. On top of that, you\u2019ll get a share of 40M COTI V2 Tokens rewards that will be distributed after the COTI V2 TGE, which is planned for Q4 this year<\/p>\n

airdrop<\/a>-guide”>
\n Step-by-Step Guide:<\/strong><\/p>\n
    \n
  1. Visit the COTI treasury page.<\/li>\n
  2. Connect your Metamask or native VIPER wallet.<\/li>\n
  3. Get some COTI first. You can get it on Binance.<\/li>\n
  4. Using the native COTI tokens requires only 1 COTI (not including fees), but if you\u2019re using COTI on ERC20, you\u2019ll need at least 5,000 COTI tokens.<\/li>\n
  5. Now go to \u201cDeposits\u201d and click on \u201cDeposit Now\u201d.<\/li>\n
  6. Select the number of COTI you want to deposit.<\/li>\n
  7. Select a Multiplier. You can choose multipliers of 2X, 4X, or 8X or leave the default 1X setting. Higher multipliers attract a higher APY but come with an increased risk of liquidation.<\/li>\n
  8. Select the locking duration. Higher locking periods attract a higher APY.<\/li>\n
  9. Then click on \u201cNew Deposit\u201d and submit your transaction.<\/li>\n
  10. You will get free COTI based on a combination of your current APY and deposit conditions such as your multiplier and locking period plus your time and activity in the Treasury.<\/li>\n
  11. For every Treasury deposit, you\u2019ll start accumulating APY rewards that are redeemable at any given time. On top of that, you\u2019ll get a share of 40M COTI V2 Tokens rewards that will be distributed after the COTI V2 TGE, which is planned for Q4 this year.<\/li>\n
  12. For more information regarding the airdrop, see this Medium article<\/a>.<\/li>\n<\/ol><\/div>\n

    Don’t forget to follow us on Twitter<\/a>, Telegram<\/a>, & Facebook and subscribe
    \n our newsletter to receive new airdrops!<\/p><\/div>\n

    <\/p>\n

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    <\/span>Overview<\/span><\/h2>\n
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