Cogito Protocol is proud to announce its latest airdrop of $7,500 in CGV Tokens! Claiming your free tokens couldn’t be easier. All you need to do is visit their website and complete the simple sign up process. This is one of the best crypto airdrops available, with no strings attached and no risk involved. Don’t miss out on this incredible opportunity to get free, legit tokens for trading or staking. The new airdrop from Cogito Protocol is an amazing way to get started with cryptocurrency without investing money. Claim your free tokens now and join the world of digital currencies!
About Cogito Protocol:
Cogito Protocol offers a “stablecoin-as-a-service” framework to create digital assets with low volatility called “tracercoins” such that they act as complements to existing crypto stablecoin landscapes. The tracercoins maintain their stability not by seeking explicit correlation to one or more specific fiat currencies or commodities, but instead via soft-pegging to non-financial indices that represent progress along various developmental fronts, e.g. environmental progress, technological progress etc. The indices are constructed from a large series of macro data, which are strongly resistant to manipulation, fluctuate moderately, and reflect the genuine progress of humanity. Since manipulating the value of these indicators would require Herculean resources and efforts, these tracercoins can provide fair and independent measures of value, which in a fundamental sense are more effective than any available alternatives.
Initially, a Green Coin (or GCOIN) will be launched to trace a green index that measures the positive progress towards a net-zero economy. GCOIN can be considered a new form of stablecoins, which is designed for low volatility and is independent from fiat currencies. The GCOIN, along with future coins in the Cogito tracercoin family, will be regulated by the native ecosystem token: the CGV token, which is used for both governance and supporting the algorithmic stabilization mechanisms.
The Cogito Protocol aims to develop different products for usage across decentralized finance (DeFi) and conventional businesses. Different Cogito tokens may have different quantitative and qualitative properties but there will also be a common set of features. Users will always be able to trade the tracercoins within specific boundary values (the indices’ boundaries). Classic cryptocurrency use cases such as storage of value and payments can be more effectively fulfilled by Cogito tracercoins than by traditional cryptocurrencies, with their excessive volatility, or by traditional stablecoins with their frustrating and unnecessary fiat dependency.
While algorithmic stabilization methods (both AI based and traditional) are key to Cogito’s operation, they will not be relied on exclusively. A risk-weighted reserve will back the protocol to ensure that the stable assets can be redeemed under all circumstances, thus avoiding many of the problems associated with pure algorithmic stabilization. The reserve will contain both liquid and illiquid components and will be managed by Cogito’s Algorithmic Stabilization Protocol (ASP) through a mix of AI techniques defined by the Autonomous Stabilization Functions (ASF). The programmed rules adjust the risk-weighted reserve and update minting and burning parameters and other mechanisms to make sure the reserve is sufficient to stabilize the tracer coins.
- Reward: $7,500 CGV
- Winner: Random winners
- Distribution: After airdrop ends.
How to Claim Cogito Airdrop:
- Visit the official Airdrop Page-1 & Page-2 first!
- A name and email address, or social media account is required to participate in the airdrop.
- Once the airdrop ends and you have successfully completed all the tasks, you will receive your reward.
- If you are interested, you can also apply for MAI Airdrop.
- Total airdrop reward: $7,500 CGV tokens.
Note: If you’re having trouble applying for cryptocurrency airdrops, watch the video below!