COTI FOUNDATION CHANNEL
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Welcome to the COTI Foundation Official Telegram Channel! Here you will find all the news and updates from the COTI team. Got any questions? Chat with us in our official group https://t.me/COTInetwork
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Institutional privacy must be defined by the operator.

A single-transaction can involve four parties getting select access to the data - the regulator, compliance party, security provider and counterparty. Each needs a different level of access. With $COTI the operator defines what’s private πŸ›‘οΈ

Soda Labs Co-founder, Avishay Yanai, on the Garbled Circuits cryptography that makes operator-defined privacy possible πŸ‘‡
https://x.com/COTInetwork/status/2084273588312359115?s=20
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Hey COTI Community,

Bridge Update: The Global Daily Bridge limit has been doubled 🌁
The Team has increased the bridge capacity due to the high-demand. We'll continue to monitor the bridge activity closely.

Thank you
Stay COTI
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All-in-One Privacy Layer for Every Use Case πŸ›‘οΈ
Whatever you're building, COTI makes it private:

πŸ” Private tokens
πŸ“ˆ Private DeFi
🏦 Enterprise
πŸ“„ Confidential RWAs
πŸ’¬ Messaging
πŸ›οΈ Governance
πŸ“¦ Supply chain

πŸ‘‰ Start building: https://t.co/IoU0NJGXko

πŸ”— https://x.com/COTInetwork/status/2085677232991637557
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Balances. Salaries. Votes. Invoices. Loans. Liquidation levels. The list goes on πŸ“

Public blockchains broadcast all of it by default.

COTI's Privacy-on-Demand makes turning privacy on a switch any chain, project or app can flip.
Turn Privacy On πŸ”

πŸ”— https://x.com/COTInetwork/status/2086092770800746645
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Hey Everyone - The COTI Team would like to genuinely thank everyone for your patience regarding the bridge issues.

For the past 12-months the current bridge architecture was performing and functional, albeit had a few bugs and would hit its caps. But the recent unprecedented volume and demand has caused some real needs for an upgrade. The Dev Team is focused on this and working on a solution for it and to scale the bridge as fast as possible.

We thank you for your patience as the team works to scale and improve it as fast as posisble, and will dive in tomorrow.
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ERC20 tokens are one of the key foundations of Web3. Integrated on every token, wallet & app.

COTI privacy is built-in to the ERC20 standard. Unlocking privacy on any token and any EVM chain.
Watch πŸ‘‡

πŸ”— https://x.com/COTInetwork/status/2086403350753341608
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Hey COTI Community πŸ‘‹

Today and in the coming days you may see frequent bridge transactions and sizable deposits into certain exchanges. These are coming from COTI Official wallets.

The COTI Team is actively bridging assets to support liquidity across exchange partners due to the rise in demand and volumes.

This also clears the path for certain exchanges to re-enable transfers and withdrawals on COTI pairs currently on pause pending liquidity support.

Thank you
Stay COTI
All-in-One Protocol. Two Privacy Stacks πŸ›‘οΈ

πŸ” COTI GC: fast, scalable privacy for enterprises, builders, and agents.
πŸ›οΈ COTI Nightfall: institutional-grade ZK privacy, originally built by EY.

Purpose-fit privacy for every builder and institution.
All powered by $COTI
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COTI Treasury Update & Migration
COTI is going all-in on enterprise privacy. To focus our efforts, the COTI Treasury is being put on pause for the foreseeable future.

β†’ The migration window will run for 7-days, beginning August 11th and ending on August 18th at 10:00am UTC.
β†’ All Treasury tokens and rewards are available to withdraw without fees.
β†’ Users can withdraw now or wait until the pause goes into effect and your tokens and rewards will be auto-sent to your wallet. 
β†’ If you still hold COTI V1 in the Treasury, you must act now and follow the instructions in the blog
β†’ COTI has partnered with KuCoin so the community can now stake COTI on KuCoin and earn 18% APR

Full details and instructions πŸ‘‡
https://x.com/COTInetwork/status/2087258552721158605
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COTI is going all-in on powering enterprise privacy.
β†’ Privacy-on-Demand expanding to L1s and L2s
β†’ Privacy Portal going multi-chain
β†’ Onboarding enterprises & institutions
β†’ Improving tokenomics

With that comes some important changes across the ecosystem. Read the update πŸ‘‡

πŸ”— https://x.com/COTInetwork/status/2087289861015237014
A Message to the COTI Community
Today we published a COTI Community Update. It’s important that we share the core details with everyone directly as we know it impacts many of our core community members.

In summary: COTI is going all-in on enterprise and institutional privacy. This is the opportunity we've spent years building toward and it's here now. While Web3 continues to struggle, the institutional and enterprise blockchain adoption is at an all-time high, and every single one of them needs privacy.

This entails putting every resource behind the mission and with that comes some changes.

Community Updates:
- COTI Earn pauses at the end of the current season. Your feedback on rewards and dilution was a direct input to this decision.
- Nodes V2 launch is on hold. Launching it now will involve more token dilution as well as significant engineering resources. It’s the right choice for now.
- The Treasury is being put on pause for the foreseeable future. The Treasury has had a solid run, and we’re very grateful for everyone’s participation in the Treasury.  The COTI team will assess the right time in the future to explore continuing development on Treasury V2.

Now, the practical part. The migration window runs for 7-days, starting August 11th and ending on August 18th at 10am UTC.
If you stake COTI V2 in the Treasury:
β†’ Option 1: You can withdraw your tokens and rewards with no fees.
β†’ Option 2: Just wait. Any tokens at the pause date will be automatically returned to your wallet. 

⚠️ If you still hold COTI V1 in the Treasury: Act Now. to migrate.  
COTI has also partnered with KuCoin so the community can now stake COTI on KuCoin and earn 18% APR.

Read the Official Announcements:
β†’ COTI Treasury Update & Migration
β†’ COTI Community Update & Focus

The common threads:

- Putting a pause on token reward programs, other than exchange staking.
- Focusing resources on expanding the privacy ecosystem.
- Improving the tokenomics of the COTI token.

Our core focus is growing the ecosystem, driving demand. More chains, more usage, more burns. We have the resources and the runway to continue building for years to come. Expect regular public updates, progress reports, and livestreams from Shahaf and the team as we execute.

Thank you,
Stay COTI
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