Read the original proposal on Discourse

TL;DR Low risk, tiny co-investment, with minimal liability Proposed co-investment is only 5,000 BNT (1/4 the standard small cap) There are no apparent security concerns that would prohibit whitelist status. There is no reason to doubt the legitimacy of the CoTrader project. Token Address: 0x5c872500c00565505f3624ab435c222e558e9ff8 Project Website: CoTrader.com

Token Security

COT does not have an elastic supply, or rebase mechanism. The COT contracts do not have permissions that grant administrators unrestricted mint/burn capabilities. The COT token supply is fixed at 20,000,000,000, of which 18,886,520,618 are in current circulation. The contracts and addresses with the highest concentration of COT tokens are predominantly the token vesting contracts and the team and project treasury wallets.

Project

CoTrader is the world’s first DeFi investment funds platform live on multiple chains, world’s first on BSC, and world’s first on the Ethereum mainnet since July 2018. It’s now further expanding its platform and COT token to all major EVMs, with Liquidity Mining (LM) starting April 30

Tokenomics

Utility

1. Governance - voting for management team. Coming: control treasury, system parameters, etc
2. Access COT based funds. Coming: fund shares marketplace
3. Unit of account measure - Measure of COT funds. Coming: fund shares trading
4. Stake - Fixed & floating APR rewards programs for locking & providing liquidity

Platform Revenue

1. Traders set their own performance fees, eg 20%, from what they earn their CoTraders.
2. The platform applies a karma principle & takes the same %, eg 20% of 20%, or 4%

Buybacks

• 100% of the platform revenue buys COT
• 50% is burned
• 25% goes to DAO for operations (eg offering LM - Liquidity Mining)
• 25% goes to a DAO voted management team
• 10% of each fund AUM will automatically buy COT

Burns

• 50% of platform revenues are burned, ongoing.

Supply

• ER20 Max Supply: 20B
• BSC New Circulation: 0; No new tokens except those in the BSC bridge

Community and Communication

• Twitter: https://twitter.com/CoTraderDAO
• Telegram Channel: Telegram: Contact @CoTraderDAO
• Telegram Chat: Telegram: Contact @CoTrader
• Medium: https://cotraderdao.medium.com/
• YouTube (Bancor Staking): Getting Started in DeFi & Metamask: Buying & Staking CoTrader on 1inch, Bancor & Uniswap - YouTube
• Facebook: CoTrader - DeFi crypto funds on Ethereum - Home | Facebook
• LinkedIn: https://www.linkedin.com/company/574164/
• Reddit: https://www.reddit.com/r/cotrader/

GitHub: CoTraderCore · GitHub

Available Audits

Unit & battle tested platform code with years in operation without issue. Audit plans are underway with an introduction to Quantstamp.

Market and Trading Data

Current price: $0.0003992 (CMC) Price 90 days ago: $0.00003780 (CG: Under 1/10 of current price) Circulating/Max tokens: 18,886,520,618 / 20B Market Cap: $7.5M ATH (CG): All-Time High: $0.00168041 -78.0%, Mar 29, 2021 (24 days) ATL (CMC): All Time Low $0.00000431 +9188.76%, Aug 27, 2019 (2 years ago)

CG: https://www.coingecko.com/en/coins/cotrader CMC: https://coinmarketcap.com/currencies/cotrader/

Traded on Bancor (APR peaks over 2500%+ with $40K+ LD), Uniswap, Hoo, Hotbit, 1inch