CODI aspires to be the preferred DeFi ecosystem by outperforming industry standards and incorporating integrity and customer-centricity with a new imaginative approach and we agreed to allow additional people to partake in this project by expanding the private sale phase.
This is why we have partnered with Chainlink to monetize our data by either selling to the Chainlink Network or running a Chainlink Node to sell directly to blockchains.
The $CODI Token
The $CODI token is the protocol’s native cryptocurrency that powers its ecosystem, including CodiSwap. The token is an SPL-based asset, and it serves as the protocol’s governance token to build a community-driven ecosystem.
$CODI holders will be able to stake their holdings and earn additional income from trading fees. The protocol designed its staking tiers to offer simplicity to users. As such, users can claim their staking rewards freely.
The different staking tiers with staking amount and Annual Percentage Yield (APY) are:
- Bronze Tier: Staking Amount < 2000 $CODI with 4.8% APY
- Silver Tier: Staking Amount < 30000 $CODI with 6.4% APY
- Gold Tier: Staking Amount < 225000 with 8.5% APY
- Diamond Tier: Staking Amount < 300000 with 9.6% APY
- Challenger Tier: Staking Amount < 500000 with 11.5% APY
In return for CODI, each staker will get xCODI. This will show you how much you’ve staked and may be used to determine both your original staking amount and your yield. Each ticket holder will also have the chance to win more tokens or other prizes. Your odds of winning are determined on the number of tickets you hold.
Moreover, the xCODI may be utilized for governance and other incentives while the CODI is staked. In our ecosystem, smart contracts will be employed to establish general agreement and transparency.
Details About CODI’s Private sale
Total available supply – 99,000,000 CODI tokens
Period: 28/09/2021 – 15/11/2021
Token price – 0.02 USD with a four-month vesting duration.
Token price – 0.03 USD without vesting.
If you want to participate in the private sale, please send an email to [email protected], and our sales management team will walk you through the steps.