CODI Finance is officially launching the IDO on November 7, 2021, and it will be hosted on CODI’s IDO launchpad which would provide investors an opportunity to get CODI tokens at a special presale price of $0.04 before it is launched. Liquidity locks, sale price, token vesting, and funding type can all be systematically adjusted while DEX offering participants receive full transparency into the protocols in place for security.
The allocated number of tokens for the IDO is 10% of the maximum supply, which is about 33,000,000 $CODI. CODI has been a huge success since its inception and that is why the private sale phase was extended, the level of success achieved over a short period is why CODI is the next big thing in the Solana ecosystem.
Partnership with Chainlink
Traditionally, Blockchains and smart contracts are only aware 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.
Details About CODI’s Private sale
Period: 28th September 2021 – 14th November 2021
The private sale was extended because of the huge success achieved over the first phase of the sales, the minimum buy-in price has also been increased for new investors.
CODI projects that before listing on an exchange the total amount to be distributed during the private sale to be at least 30% of the total supply.
CODI is one of the few fascinating projects that provide genuine public benefits in a streamlined interface, faster blockchain, and the least gas fees.
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.
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