CODI Finance released its staking feature on the CODI platform in March, ushering in a new era for the community and providing extra incentives in the form of high APY. It now plans to introduce staking options for $CODI token holders.
The platform has made significant progress toward its vision of becoming a leading DEX and IDO launchpad in the Solana ecosystem and DeFi at large since its launch in September 2021. Simultaneously, it has made significant inroads into the Solana ecosystem by providing unique solutions to pressing Solana ecosystem needs, such as an IDO launchpad and a lending and borrowing protocol.
CODI Finance is an entirely open and decentralized ecosystem comprising three services: an IDO Launchpad, a DEX, and a decentralized lending and borrowing protocol.
CODI is a Solana-based DeFi ecosystem that aims to transform the current Solana IDO launchpad landscape. CODI Finance intends to use a DAO governance model entirely, with the CODI community running and owning the ecosystem. Furthermore, the platform last year integrated with leading oracle provider Chainlink to secure price feed pools.
“$CODI” holders are able to stake their tokens on CODI’s platform for a fantastic APY. Staking is divided into five tiers to give every user an equal chance, and the rewards vary depending on the staking tier.
CODI Finance also intends to expand the availability of “$CODI” in the cryptocurrency market, with plans to list $CODI on other reputable exchanges in the works.
When the IDO CODI launchpad is fully operational, the CODI community will be able to invest in projects and receive early allocations by staking ‘$CODI.’
$CODI is now available on Raydium, a leading decentralized exchange on Solana, as well as p2pb2b, a well-known centralized cryptocurrency exchange. CODI has also recently announced its inclusion on Coingecko, one of the world’s largest cryptocurrency ranking sites.
The CODI community can now use Coingecko to track the daily price action of $CODI and gain access to other CODI Finance data.
If you are looking for OTC “$CODI” sales, the CODI Finance team is also open to private deals from retail investors and can be reached at [email protected]
For more information on this project, please visit Codi.finance, or you can join the community by following their social media channels:
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Source: https://beincrypto.com/codi-finances-staking-feature-launched-with-high-apy/