COTI V2 Mainnet Upgrade

COTI's CEO will discuss Mainnet progress on Crypto Town Hall (@Crypto_TownHall) with key hosts @marionawfal @scottmelker and @cryptomanran at 3:15 PM UTC.

The COTI Treasury V2 upgrade, set for late May 2025, enhances the platform’s scalability and privacy features for Web3 transactions. Following the V2 Mainnet launch in Q1 2025, this upgrade ensures seamless deposits, withdrawals, and gCOTI boosts with no user action required—just a linked MetaMask wallet. Eligible users will receive their share of 55M $COTI V2 tokens directly to their wallets, with distribution visible via the VIPER wallet (COTI Foundation, May 11, 2025). This event aims to reward loyal users and boost adoption of the V2 protocol, aligning with COTI’s mission to bridge traditional finance and blockchain. Recent NewsCOTI has been making waves! On May 6, 2025, the European Central Bank selected COTI to develop digital euro technology, spotlighting its role in mainstream finance (Reuters, May 2025). This partnership underscores COTI’s growing credibility, especially after its V2 Mainnet launch earlier this year, which introduced faster, privacy-focused transactions. Future PlansLooking ahead, COTI plans to expand use cases through its V2 infrastructure, with a detailed whitepaper expected later in 2025. The roadmap includes incentives for developers and node operators, aiming for high adoption rates and deeper integration with stablecoins from other networks (COTI Medium, 2023). Onchain DataWhile specific onchain metrics for $COTI V2 are not yet public, the V1 Treasury previously managed significant TVL, with market cap consistently above TVL to ensure stability (COTI Medium, 2023). Post-upgrade, expect increased wallet activity as users claim rewards. Community SentimentX users are buzzing with excitement! Many, like @Noelskribi, are thrilled about their rewards, while others, like @DiryrinZai, seek clarity on V1-to-V2 differences—indicating strong engagement but some confusion. Overall, sentiment leans positive, with calls for price action (e.g., @CeHeNNeM_1905). Risk DisclaimerEnsure your MetaMask wallet is secure to avoid phishing risks during the token distribution.

This virtual event on X Spaces will explore COTI’s advancements in privacy-focused DeFi, spotlighting PriveX—a decentralized perpetual futures exchange launched on COTI’s network. Expect deep dives into AI-driven trading strategies and real-world asset (RWA) integration, key trends shaping Web3 in 2025. COTI aims to bridge privacy with scalability, a hot topic as global DeFi market cap hits $87B in Q1 2025 (CoinGecko). Recent NewsCOTI’s been on fire lately! In May 2025, they were named a Pioneer Partner for the ECB’s Digital Euro project, collaborating to build privacy solutions for a euro-wide CBDC (CryptoPotato, 2025-05-05). Earlier, in February 2025, PriveX went live, merging Binance liquidity with onchain privacy—a game-changer for DeFi traders (CoinMarketCap, 2025-01-29). These milestones cement COTI’s role in privacy-first finance. Future PlansCOTI’s roadmap is packed. They’re enhancing their V2 protocol to support developers with new tokenomics, aiming for higher adoption rates (COTI Medium, 2023-01-16). Upcoming features include expanding Treasury 2.0 for better value capture from stablecoins and native assets, positioning COTI as a go-to Layer 1 for regulated DeFi apps. Onchain DataWhile specific metrics like transaction volume aren’t public for this event, COTI’s network activity has likely spiked with PriveX’s launch. Historically, COTI’s focus on payments and privacy has driven steady growth—watch platforms like Dune Analytics for updates post-event. Community SentimentX is buzzing! Fans like @CotiNewsHQ are hyped, calling it a must-join for DeFi enthusiasts. Others, like @CharacterSum, urge more access for US users, hinting at regulatory hurdles. Overall, sentiment is positive, with $COTI trending among DeFi circles. Why It MattersWith DeFi privacy in the spotlight, this event could spark new interest in $COTI, especially as institutions eye onchain products. Don’t miss it! [Link to Space]

COTI V2 is undergoing a Mainnet upgrade hosted by the COTI Foundation. The upgrade is planned for 17 September 2025. It introduces COTI V2, a new protocol version that transitions the network from its previous structure to an Ethereum Layer-2 (L2) chain, implementing advanced privacy and computation enhancements (notably using garbled circuits) to strengthen security, scalability, and confidentiality. The upgrade involves a network pause (brief) but users are required to take no action.Recent News:In March 2025, COTI launched its V2 mainnet, marking the shift from its original DAG-based L1 protocol to a privacy-focused, EVM-compatible L2 chain. The team has rolled out a V2 token upgrade guide: holders of V1 COTI (native, ERC-20, etc.) can swap 1:1 to V2 via the COTI Bridge; exchanges are being coordinated; VIPER wallet interacts with the upgrade flow. An ongoing V2 airdrop campaign has been active since March 2024 for eligible users (especially Treasury users), recently increased to a total campaign rewards pool of 55 million COTI tokens.Future Plans:Post-upgrade, the focus will shift toward expanding the utility of the new network: more dApps deploying, increased builder activity, and use cases leveraging confidential computing.Governance mechanisms around the new token economics (e.g. how transaction fees are handled, inflation/deflation possibilities, role of gCOTI holders, and the Treasury) will be further developed.Community Sentiment:Mixed-Positive — the community appears generally supportive and optimistic about the upgrade’s promise of enhanced privacy, better scalability, and EVM compatibility; some caution expressed over risks inherent in protocol upgrades and the transition (esp. around bridges, contracts, and unseen bugs).Sample reactions:“No action needed for users” — many users express relief at that.“Upgrade introduces key protocol improvements to strengthen security and stability of the COTI network” — quoted from official announcement, seen as confidence-booster.Some users have asked about the bridge from V1 to V2 and how token visibility works in wallets (indicating concern). [No direct quote from these, but present in FAQs/discussions]Risk Disclaimer:Protocol upgrades have the potential to impact token utility and value, either positively (via better performance, enhanced features) or negatively (bugs, migration issues, user error). Users should verify bridge steps, monitor announcements from exchanges, & use caution during the transition period.Additional Insights:COTI’s choice of garbled circuits (vs zero-knowledge proofs or fully homomorphic encryption) places it among a smaller set of privacy approaches, with trade-offs in complexity, verification, and performance. Observers note this could differentiate COTI in the privacy-focused L2 space.The economic model of V2 seems designed to balance inflation with incentives, but exact numbers (e.g. post-year 1 inflation, fee burn vs rewards) will matter a lot for long-term token holders.The smoothness of the bridge and user experience (wallet visibility, DApp compatibility) will be critical for adoption; friction there could erode confidence.