COTI August Staking Rewards

Published on: 06.09.2021

COTI shares that the rewards for the August staking cycle have been successfully distributed on September 2nd, 2021.

The past few weeks have been very exciting, as $COTI was listed on Huobi Global (Native and ERC-20) and Coinbase Pro (ERC-20) the same day. In addition, they proudly published COTI’s Growth Plan to become a next-generation financial ecosystem. The main pillar of COTI’s Growth Plan is the Treasury platform, which among many other innovative tools and options, will make COTI’s Staking program available for everyone. Using the Treasury, users will be able to set their staking level, staking period, and even influence on how the Treasury algorithm manages their leverage and risk level, democratizing the Staking platform for all.

As for August Staking cycle, the total staking pool reached 142M $COTI. The current COTI’s staking reward model is based on the merchant’s transaction volume that is processed on the Trustchain. It generates fees for node operators and stakers, which are distributed as per their staking shares in the nodes.