COTI Launches No-Staking Rewards Program for USDT and ADA Holders

• USDT and wADA held on COTI earn 200 TPS per $100 with no staking and no lockups and TPS is minted daily to wallets.
• Users bridge USDT from Ethereum or Base and bridge ADA from Cardano via ChainPort and TPS converts to COTI at season end.

COTI has introduced a rewards option for users who hold bridged USDT or wrapped ADA (wADA) on the COTI Network, allowing eligible wallets to accrue rewards without staking or lockups. The COTI Foundation said participants can earn 200 TPS for every $100 worth of USDT or wADA held on COTI, with TPS minted daily and delivered directly to the user’s wallet. 

TPS are token points earned by users for holding assets, referring users, or completing missions, and can be redeemed for COTI tokens. 

The rollout follows COTI’s integration with ChainPort, which provides a bridge to move USDT from networks such as Ethereum, Base and Cardano into the COTI ecosystem. COTI has positioned the integration as a way to attract multi-chain liquidity while supporting activity on its network.

Earlier this week, CNF reported that Midnight Network’s native NIGHT token went live on the COTI Network through a ChainPort-powered integration. The COTI Foundation said the rollout is intended to enable bridging of NIGHT into COTI and make the asset available across COTI’s ecosystem.

How COTI Earn Works for USDT and wADA Holders

COTI Earn is the network’s on-chain rewards platform, and the USDT and wADA rewards are structured around holding balances on COTI rather than depositing funds into a separate staking contract. According to COTI’s communications, TPS accrues automatically once the assets are held on the COTI Network, and users do not need to manually claim daily distributions.

To participate, users can bridge assets using ChainPort by connecting a wallet, selecting the source chain and asset, and choosing COTI as the destination. After the transfer completes, the assets arrive on COTI as USDT or wADA, which then become eligible for TPS accrual under the stated rate.

COTI has also published token contract addresses for users who want their wallets to display the bridged assets after arrival. The USDT contract address listed for COTI is 0xfA6f73446b17A97a56e464256DA54AD43c2Cbc3E, and the wADA contract address is 0xe757Ca19d2c237AA52eBb1d2E8E4368eeA3eb331.

The program’s rewards are paid in TPS rather than immediate $COTI transfers. COTI said TPS is intended to be converted into $COTI at the end of a season, using the mechanics defined within COTI Earn. COTI has promoted the conversion step as the point at which seasonal rewards are finalized for participating users.

COTI has linked the USDT and wADA rewards to its broader positioning as a programmable privacy layer for Web3. The rewards structure is a usage-based incentive aimed at supporting liquidity on the COTI Network.

Also, the COTI treasury upgrade will introduce a decentralized system operated by node operators, where governance decisions are made via community voting on gCOTI. CNF outlined that the new treasury design makes it easier to stake while the long-term stability of the network is maintained as COTI launches Node V2.