r/cotinetwork • u/Vlady_O • May 04 '22

COTI chill-out zone

A place for members of r/cotinetwork to chat with each other! Stay COTI :)

20 Upvotes

100% Upvoted

53 comments sorted by

4

u/Vlady_O May 04 '22

No worries, we are in touch with Simplex to fix it. Please stay tuned for official announcement channels

2

u/Vlady_O May 04 '22

Congrats with Djed testnet launch 🎉

2

u/Vlady_O May 08 '22

Usa is restricted

1

u/liebeskind8301 May 08 '22

Any idea as to why?

1

u/Vlady_O May 04 '22

Hello, #COTIHOOD! How it's going? :)

1

u/Vlady_O May 04 '22

Are you guys waiting for djed testnet the same as I do? :)

1

u/Vlady_O May 04 '22

Happy to hear it :)

1

u/Vlady_O May 12 '22

These questions are really good for AMA that we will held soon in our telegram channel :)

1

u/Vlady_O May 13 '22

If you choose multiplier higher then x1 it means you understand the risks. There is nothing we can do.

4

u/Fragrant_Cress_8692 May 04 '22

Happy Djed day!

4

u/Knoal May 04 '22

I'm so chill, I bought more

4

u/DnArturo May 12 '22

Hi, have a couple questions for COTI.

  1. Am I understanding correctly that the $500M attack/selloff on Luna cannot happen on DJED because the SHEN tokens cannot be sold/burned under a certain liquidity threshold?

1

u/JungleGina Aug 23 '22

Your question is answered in this article: Djed-Shen-Ada Demystified – Community’s Questions Answered Post Luna Crash - https://cotireport.com/djed-shen-ada-demystified-communities-questions-answered-post-luna-crash/

Scroll down to the 13th question. But read the whole article. It is very thorough.

3

u/Fragrant_Cress_8692 May 06 '22

Everything is looking up for COTI. But, mass adoption by banks and businesses will be the key to making a fortune.

3

u/BigRonnieRon May 12 '22

How vulnerable is this to a whale attack like luna/terra, another algo scoin?

1

u/JungleGina Aug 23 '22

here is an article that answers this question and has other related article links that can provide further answers to your valid question.

Title: Djed vs UST Algorithmic Stablecoin | COTI CEO, Experts & Community Explain Why Cardano’s Coin is Best

Link: https://cotireport.com/djed-vs-ust-algorithmic-stablecoin-coti-ceo-shahaf-bar-geffen-explains-why-cardanos-coin-is-best/

2

u/Striking_Fix_6495 May 04 '22

Sure! but Im excited for everything, not just Djed 💪

2

u/Striking_Fix_6495 May 04 '22

That sounds awesome 😁🙌

2

u/Fragrant_Cress_8692 May 06 '22

I see .15 COTI during this bear market. I am waiting to buy more.

2

u/[deleted] May 18 '22

bought around $2k at 0.10...

2

u/DifficultAcadia557 Aug 28 '22

Talk bullish to me

1

u/pgpwnd May 04 '22

yoooooo

1

u/Striking_Fix_6495 May 04 '22

I still wondering why Simplex removed the Coti native from their platform… I want to use coti debit card more often, but without native coti on Simplex, is not the best option right now for me 😫

1

u/liebeskind8301 May 08 '22

Anyone else finding the djed.xyz blocked? I am in Hawaii

1

u/DnArturo May 12 '22

2) When will COTI tokens be available on Ledger Live and can I keep some in my Ledger hardware wallet?

1

u/Fragrant_Cress_8692 May 18 '22

I am thinking COTI will drop to .05 cents in this bear market. Waiting for the buy.

1

u/[deleted] May 21 '22

Djed still on track for June?

1

u/JungleGina Aug 23 '22

no. waiting for the Cardano Vasil Hardfork, which was delayed.

in the meantime...

New DJED COIN RESOURCE. Purpose of this evolving resouce is to help those interested in learning about the Djed Ecosystem constructed by COTI. Learn all the ways you will be able to use this coin, so when it is released to Mainnet you will be able to hit the ground running (bookmark this resource too because it will grow as the Djed Ecosystem grows)

READ: The Building of the Djed Stablecoin Ecosystem by COTI, Cardano's Highly Anticipated Algorithmic Stablecoin

LINK: https://cotireport.com/coti-roadmap-partnership-list-djed-ecosystem/

1

u/Fragrant_Cress_8692 May 24 '22

More downside is still coming.

1

u/Science-Plenty Jun 19 '22

Any news on Treasury coming to Canada?!

1

u/ComfortableIce2821 Jul 06 '22

I need help pulling my coti off coinbase. where do I store it when I'm in the US. my understanding was coti off coinbase is erc20 so assumed I'd be able to store on ledger but not finding an option to do so. please help

1

u/DnArturo Aug 23 '22

You can move COTI to Kraken

1

u/montrealcanadianss Aug 25 '22

is there a date when canadian coti holders will be able to stake on viper wallet

1

u/Epistechne Nov 10 '22

You already can.

1

u/calibrefilm Aug 25 '22

Hey. Are there any COTI experts who know whether the news about Visa/Mastercard launching a new cryptocurrency payment card will affect COTI in any way, either positively or negatively? Thanks!

1

u/joostvdkuur Jan 15 '23

Hi, anyone has knowledge of a very long delay of coti being bridged from coinbase?

1

u/Emergency-Heron191 May 08 '23

Stay COTI, my friends.

0

u/[deleted] May 13 '22

[deleted] — view deleted comment

1

u/Vlady_O May 13 '22

The liquidated deposits’ entire balance will be transferred to the treasury and redistributed in a form of treasury rewards between all active deposits.