News
17 Oct 2021

Important Details To Note About CODI 2.0

New DeFi ecosystem built on Solana, CODI Finance announces plans of rebranding to reflect their new objectives in the blockchain sector.

October 16, 2021- CODI Finance is an entirely open, decentralized ecosystem and has recently announced its rebranding to cater to the needs of the CODI community and the blockchain sector.

CODI, looking to become the web 3.0 of dapp platforms, has rebranded. It now has three new offerings: an IDO Launchpad DEX, an NFT marketplace, and a decentralized lending and borrowing protocol. In addition,  CODI plans to use the Solana Blockchain to create highly scalable, interoperable, and secure DeFi products, thereby accelerating the rise of fair and decentralized next-generation DeFi products across multiple chains.

The New CODI

To begin, CODI would be adding a new DeFi service to its ecosystem, with its decentralized lending and borrowing protocol currently in development. Furthermore, all protocols under CODI would be backed by its native token "$CODI," resulting in a fully decentralized and community-owned ecosystem.

The NFT marketplace would be the first layer 2 for NFTs on Solana to create a secure way to create and distribute digital assets on a large scale. CODI aspires to be the "ultimate decentralized exchange" by leveraging Solana's high-speed, low-latency, and low transaction costs. In addition, its DEX, CODIswap, and  IDO launchpad protocol COpad would be merged, giving the CODI community access to both investing in the best DeFi startups via its IDO launchpad and trading cross-chain tokens with low transaction fees at the same time.

CODI also plans to implement a DAO active user governance model for its ecosystem, with voting rights granted to "$CODI" holders. $CODI would also benefit their community by offering discounts and higher APY to users who stake on the CODI DEX.

Information Regarding CODI’S Private Sale

CODI’s private sale is still ongoing, and we have currently sold out 18% of the tokens allotted to the private sale in less than two weeks.

CODI intends to distribute at least 99 million $CODI, accounting for 30% of the total supply of 330,000,000 CODI. This private sale allows users to be early adopters of this project and obtain a CODI token for as little as $0.02, which will sell for a higher price during the IDO.

The CODI project also allows early investors to take advantage of early adopters’ benefits by using its vesting protocol.

The private sale will end on October 31, 2021. To participate in the private sale, send an email to sales@codi.finance.

For more information on this project, please visit Codi.finance, or you can join the community by following their social media channels:

Twitter: https://twitter.com/Codi_Finance

Discord: https://discord.gg/gyUadGhScv

Telegram: https://t.me/codi_finance_community

 

(Sponsored Article)

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