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The allocated number of tokens for the IEO is 20% of the maximum supply, which is about 66,000,000 $CODI. CODI has been a huge success since its inception, the level of success achieved over a short period is why it is the next big thing in the Solana ecosystem.
The IEO will run from November 15 till December 14, 2021, and it will be in three rounds, which include:
Round 1: November 15 to November 30, 2021
Available supply: 30 000 000 CODI at $0.04
Round 2: December 1 to December 9, 2021
Available Supply: 21,000,000 CODI at $0.05
Round 3: December 10 to December 14, 2021
Available Supply:15,000,000 CODI at $0.055
CODI is a promising project, as evidenced by the success of its private sale in early October, and it intends to fully transition into a DAO governance model, entirely run and owned by the CODI community. Other features, such as a decentralized social networking model and a fully customizable vesting protocol, have also been integrated into CODI. It strives to be the embodiment of decentralization in the DeFi space.
Partnership with Chainlink
Traditionally, blockchains and smart contracts are only conscious of what happens inside of them. The goal is to connect smart contracts across blockchains and allow those contracts access to key resources not on the blockchain such as data feeds, web Application Programming Interfaces (APIs), and traditional bank account payments.
This partnership will provide CODI the opportunity to monetize its data and it will provide access to all networks. In simple terms, Chainlink can be described as a decentralized network of oracles supplying data and it is very important for evolving blockchain connections and with very high convenience. This means there is no need to modify existing backend systems or business models to make themselves compatible with other blockchains.
The Solana ecosystem is growing and CODI aims to utilize the speed and favorable fees to take over the DeFi market.
CODI will be a DEX platform where users can rapidly transfer funds between wallets, exchange cryptocurrencies, stake, guarantee market liquidity, and completely manage the network’s capacities using Solana’s potential to disrupt the power structures in the cryptocurrency industry. It provides incomparable safety, lightning-fast blockchain speeds, and quite lower transaction costs, which are anticipated to guide in a new DeFi era.
To get more information on this project visit Codi. finance or join any of the social media channels below;
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