COTI -188.05% in 24 Hours Amid Network Upgrade Delays and Governance Shifts

Network Upgrade Postponed, Community Reacts to Technical Delays
COTI’s development roadmap faced a significant setback as the previously announced network upgrade was delayed by three months. The update, which aimed to improve transaction finality and enhance smart contract capabilities, is now expected to launch in October 2025. The delay has raised concerns among token holders about the project’s ability to meet its development milestones, with some community members expressing frustration over the lack of prior communication regarding the setback.

Governance Model Overhaul Sparks Debate
In parallel with the technical delay, COTI announced a major shift in its governance structure. The project is transitioning from a token-weighted voting model to a hybrid governance system that incorporates node operator input alongside token holder votes. This change is intended to reduce the influence of large token holders and promote more balanced decision-making. However, the move has sparked debate within the community, with critics arguing it may dilute the democratic nature of token-based governance and increase the risk of centralization.

Partnership with Major DeFi Platform Canceled
A key strategic partnership between COTI and a prominent decentralized finance (DeFi) platform was terminated earlier this month. The collaboration, which had been in development for several months, was expected to expand COTI’s utility within the DeFi ecosystem. The official reason cited for the cancellation was a misalignment in long-term strategic goals. While the partnership had not yet gone live, its termination has been interpreted as a sign of broader challenges in COTI’s integration into the rapidly evolving DeFi landscape.

Token Burns Suspended Amid Liquidity Concerns
COTI’s token buyback and burn program, which had been a key component of its tokenomics strategy, was suspended indefinitely. The project cited the need to preserve liquidity as the primary reason for the decision. The suspension has led to speculation about the team’s financial strategy and whether it may impact long-term token value. Analysts project that without the continued burn rate, inflationary pressure on the supply could increase, potentially affecting long-term price stability.