COTI announced the suspension of gCOTI trading activities until the next step is clear. They will continue to advance the gCOTI community activities and plan to publicly release relevant information in the near future. Also, they are still on track to roll out gCOTI's initial availability feature on the Treasury app: APY Gain. These decisions have been carefully considered and consistent with the company's usual level of prudence. Questions were asked about whether Ledger wallets are supported and which countries might be at risk, but did not receive a specific answer. The company is taking measures to protect the interests of investors.

Earlier news was that on May 25th, COTI announced that it would airdrop 82 million local gCOTI tokens to participants in the gCOTI airdrop event on June 1st. The gCOTI distributed by the first batch of qualified users will also be the first batch of users to use the APY function. The feature, which went live at the end of June, allows users to deposit gCOTI into a vault and be entitled to a larger percentage of the vault rewards.