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COTI - Currency of the Internet COTI - Currency of the Internet
Gongo-

I have 2 points i want to point out firstable

$SHEN secondly governmental token why it wont be coti and people that stake will be able to get governmental tokens what about americans that hold almost 1 billion tokens ?? Whats the point of having coti if we cannot benefit in any way because we cant even stake... that means we wont even have voting power

#coti #cryptocurrency #english
0

3 ответов

12 просмотров
Vladyslav | COTI-

The djed algorithm consists out of 2 coins and it’s explained in the whitepaper. It consists of the stable coin Djed and a reserve coin Shen. The reserve coin Shen is used to keep the peg on the stable coin. It has always been like this. The fees to mint/burn the stable coin (djed) are going to the coti treasury for the stakers

0
10.03.2022
Gongo- Автор вопроса
Vladyslav | COTI
The djed algorithm consists out of 2 coins and it’...

what about coti ?? why cant it be the main governmental token

0
10.03.2022
Mr. Not In Use-
Gongo
what about coti ?? why cant it be the main governm...

a governance token has to be issued on the chain djed is running, and it cant be an existing coin, otherwise it cant be called "governance token"

0
10.03.2022

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