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Mihail-Dimitrov

When would we be able to use the bridge to

convert from native to ERC20 ?

#coti #cryptocurrency #english
0

2 ответов

13 просмотров
Ben-G | COTI | Will never DM you first!

See the recent team's response to bridge issue: The bridge has actually been opened following Huobi's listing. Unfortunately, someone built a bot that immediately sends a great number of transactions to the bridge once it is open. Essentially, that bot is taking all the daily allocation from the real users in order to arbitrage the price diffraction. If we open the bridge again, the real COTI users won't be able to swap due to the bot activity. That's the reason why we are keeping the bridge closed, and focusing on developing the Treasury, which will increase the demand for COTI Native and will eliminate the liquidity issue.

0
07.02.2022

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