COTI Tokenomics
Get all the information about COTI V2 in detail here: https://medium.com/cotinetwork/how-coti-is-gearing-up-for-2024-and-beyond-e0d465794767#400d
In order to fully realize the potential of the network, a native token is essential. This token serves as the lifeblood of the ecosystem, facilitating transactions, securing the network, incentivizing nodes, and providing the means to access and utilize the advanced privacy features of COTI.
COTI recognizes a great value proposition both for COTI holders and to the COTI V2 future community in retaining the tokenβs central position in the new economy, enabling it to grow in importance and relevance as the networkβs capabilities expand and the old token can be transferred 1:1 to COTI V2.
In the new network, transaction fees paid in $COTI will be aggregated into a dedicated Treasury. This Treasury, overseen by the community and governed by gCOTI holders, will exercise governance over the allocation of these fees. The communityβs decisions will determine whether to allocate these fees as additional rewards to participants within the network or to enact a deflationary measure by burning them.
COTI V2 will be supported by the newly created COTI Foundation and its Ecosystem Fund.
The new tokenomics of the supply in addition to the initial 2,000,000,000 COTI tokens (the total supply will be both inflationary and deflationary):
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