the first token was minted on the coti chain when the ceo did it in a youtube video? does the token is being used anywhere?
It's value is that people who hold native Coti and have deposited that native Coti into the treasury can use gCoti to boost the base APY they receive from their deposits.
So, it’s just a token to boost the staking rewards for the original coin which is coti. Okey thanks. Does this token has a price yet?
https://coinmarketcap.com/currencies/coti-governance-token/
Thank you for that. Is the majority of the supply is with coti foundation or with the community as airdrop
https://faq.coticommunity.com/gcoti/gcoti/gcoti-tokenomics
Majority is held by the team. About 90ish% Airdrop has been completed. 42% allocation was/is supposed to start at sometime in 2023. (As you see abovebit states after airdrop) But we are still waiting for that to begin.
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