CODI Finance officially launched its Initial Exchange Offering (IEO) on November 15, 2021, on the P2PB2B exchange which would provide investors an opportunity to get CODI tokens at a special price.
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 on the Solana ecosystem.
The IEO will run from the 15th of November till the 14th of December 2021, and it will be in three rounds, which include:
Round 1: November 15th to November 30th, 2021
Available supply: 30 000 000 CODI at $0.04
Round 2: 1st December to 9 December 2021
Available Supply: 21,000,000 CODI at $0.05
Round 3: December 10th to 14th December 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.
Conclusion
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 crypto 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;
Twitter: https://twitter.com/Codi_Finance
Discord:https://discord.com/invite/kEw8RkMU
Telegram:https://t.me/codi_finance_community
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