Coti launches $10 million reward program to support v2 token launch

Coit, a privacy layer project based on Ethereum, will distribute Coti v2 tokens worth $10 million through airdrop to its native Coti (COTI) token holders to support the launch of Coti v2. Coti v2 is the second layer protocol centered on privacy on Ethereum, dedicated to securely transmitting sensitive data across Web3 applications through blockchain.In addition to existing COTI token holders, eligibility for the airdrop reward is also automatically extended to all financial participants. Coti further notes that the airdrop is in addition to the annual percentage yield rewards for token holders.