Viper is more in coti ecosystem than just holding etc

20 but erc20 will get more gcoti? How does that work

Totally depended on the participation level and TVL. The total rewards were actually lesser then native campaign.

kind sir pls announce stats and drop ratios asap superpls.

Yes ser. I am working on that.

Yes but less people joined so how is that fair to reward the etc erc20 people

if you are less involved in the ecosystem you get punished more

How is that punishment? First of all the Erc20 campaign is for Viper users, same people are as involved as anyone else, plus obviously they need to be somehow incetivized as they dont get APY. Coti treasury 2.0 is in need for stablecoins. Also the ratio is not insane. It has dropped a lot

How would you have felt if we would have taken rewards away from native pool after you joined the campaign and locked already. The rewards were pre-announced, the campaign was open to all so if someone felt that the rewards were better they could have participated. It’s not possible to expect in advance the TVL and decide rewards likewise. It’s not ethical either to take away rewards after participation when people have already participated and locked.

Can’t rug it. If the parameters changed then ppl should be allowed to withdraw.

So the campaign begins, more people are locking their native coti in the viper wallet which is part of the coti ecosystem then the people who decide to stake later on who have t put their coti into the ecosystem somehow get more gcoti

They dont get apy. Its only fair that they get more

Well I would be more annoyed having less rewards using the ecosystem rather the other way around

Hardly raised any stables though. If the ratio is 0.16 for native coti and 3+ for erc20 coti it is obviously out of ratio imo

So if they are not participating in the coti system like viper wallet people they should get more rewards, it doesn't make sense

They do participate. Erc20 campaign is for viper users

Not a solution either. People pay network fees and put in time entering campaigns. Changing parameters after they deposit and then giving them an option to withdraw feels like a trouble too. Would you be comfortable participating in future campaigns knowing we can change parameters in a second and ask you to leave?

Yes but not like a native coti , native is people more invested in the ecosystem and have more to loose considering the cap on withdrawing out to erc20

I get you, I’m not saying anything bad here. At the end of the day it’s done, those that wanted more could deposit $ for more (that’s what I did)

gCOTI is not a one time airdrop. The whole treasury will start getting boosted with gCOTI APY which they wont receive

Most people bridged their native or bought extra coti/deposited their trading bags while already participating in the native campaign. same as i and many others did.

Btw what type of boosts should we expect. Eg 5% boost per 20k gCOTI. How’s it working,

That still didn't answer what I said, I said native coti are people more involved in the coti ecosystem, but yet erc gets a better yield

Please stop complaining. You’re getting gcoti for FREE! :) You had chance to participate in 2 campaigns and you still have chance to gain more in exchange and social campaign. We made it possible for both native and erc20 holders. Let’s not comeback to this and blame somebody.

They only get more gCOTI, native users get better yield

Again, its the same people. Requires VIPER wallet. I participated in both (does it mean im less involved suddenly cuz i parttaked in the erc20 campaign too?)

Details to be announced later

Ahhhh man, not even a teaser 👀

So it was a gamble on whether to put in erc or native, that doesn't make sense

nobody could predict that the erc20 one would have such little demand, and if we knew, we would probably dilute the erc20 campaign instead, resulting on exactly the same scenario for native then

You should be able to make a point though. If the ratio is 30-40 times more gcoti for erc20 than native its a fair point. Not everyone is able to spent additional money and put everything and their believe in the treasury.

Well it should remain open and people are allowed to withdraw their native to our in erc20

what about the program lacked transparency?

No, it shouldnt. Its fine as it is. Im very happy with the results

That's not the point.

But the erc20 holders locking their COTI or stables and get back only gCOTI and no APY. I guess it’s fair.

Like superpls, are you trying to take away our ratio? 😂

They have not got native coti so should moaning

We do tho.

Let's see how it works out.👍

I’ll put this in another way. Say someone has 100 COTI deposited in native campaign. He receive COTI rewards + gCOTI. He also receives gCOTI boosts. Moreover, he’ll be able to boost my 100 COTI APY using gCOTI I receive. ERC20’s COTI are not part of the treasury. They will not receive COTI rewards either. They cannot straightaway boost their 100 COTI and will need to add more to treasury if they want to boost their deposits since the other 100 COTI is not a part of the treasury. Lot of other factors in play here as well.

What transparency did it lack?

Sorry but many people predicted it… i feel like total idiot i belived that loyal community will benefit from this airdrop, instead it was simply betting game with few winners, mostly pwople out of treasury and few rich enough to buy second bag of coti. Iam in since 2020 and going to get peanuts for my 132k native coti

So now etc can boost more with their gcoti if they deposit it now compared to depositing it straight away?

even if u deposited just treasury rewards into the erc20 campaign, you would have a nice bag of gCoti

They should have more than native coti holders it makes so much more sense . And they should have their tokens l vested as their tokens are not part of the ecosystem

You could have swapped your native Coti to erc20 and got more gCoti if you thought that the ratio was going to be better!

I was locked in treasury before airdrop for 120d.

But the aim is to deposit tokens into the staking for gcoti, not a gamble on when to put them in and where

Obviously I’m not counting how much money you have but if you thought that the Erc20 was much better you could have unstaked (after paying fees) then took part in the erc20 campaign. Or doing half and half… terms of both campaigns were known weeks if not a month before

You knew the terms of the campaign before locking your tokens

You’d get around 20k gCOTI. Someone who deposits $500 into the erc campaign gets the same amount as you if my math is correct

Yes, erc20 gets 2000% more gcoti per coti than native, therefore also has x20 stronger vote in treasure than real treasury users

But they can’t use treasury bro

They can swap after airdrop

That’s a good thing then

20k gCOTI is still a massive bag. Be easy

it didnt. this was my point

Lol

Except it wasn't "just" holding erc20 COTI, it was erc20 COTI holders who are ALSO all Viper wallet holders who all had to prove their Viper wallet to join the campaign. Perhaps in retrospect too many gCOTI were assigned proportionally to that campaign (though it attracts 0% APY, the native campaign 8.3% APY so that balances it out to some extent) but that is no reason to misportray it as some sort of erc20 campaign that anyone could participate in: no, you had to be just as much a Viper wallet holder for that campaign as for the native campaign

Again i didn't say that I said that native coti holders are more involved in the ecosystem as they are using coti services like the viper wallet and activing adding their tokens to the coti network which is more active than just having them in erc 20

without viper wallet you cant apply gcoti. So it stands to reason to be eligible for the drop you obtained a viper wallet. Most airdrops you have to jump through some hoops. I don't see the issue tbh