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:
→ Option 1: You can withdraw your tokens and rewards with no fees.
→ 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:
→ COTI Treasury Update & Migration
→ 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