COPE is a two-phase cryptocurrency project that identifies a trader's weak points in trading and seeks to offer a customized automated trading solution to overcome those weak points. As the Solana blockchain grows rapidly, COPE plans to add investment management services.
Users earn COPE tokens from staking across pools in the Solana ecosystem, including Raydium, Orca, and upcoming COPE Trading Pools. As a part of the project, traders can earn more COPE and become a pretender of space drops by becoming stakeholders in Sollet/Phantom (on-chain) wallets.
Benefits of $COPE aim to be the following:
● In swapping, some $SOL is exchanged for $COPE bonuses. Swapping refers to exchanging one crypto coin or token with another currency.
● Having a higher COPE score by making better trade calls results in a better reward of $COPE. The amount of $COPE is determined by the COPE score.
● The scores of COPE index users as determined by their cryptocurrency market calls to determine the amount of $COPE they earn.
Competition is the key to earning COPE. Users play COPE games and compete against other players to earn COPE.
Members of the COPE community can join the COPE Discord and connect their wallets to start earning COPE tips for being a valuable community member and tip other members to contribute to the community. Users can also vote in the biweekly trading pool to earn from the ROI distributed.
There were 19.4 million COPE in circulating supply at the time of the burning ceremony, and the community burned over 30,000 COPE so far from circulating supply and tipped over 25,000 COPE. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burned to reduce availability and increase market value.
Consequently, the circulating supply of COPE tokens should continue to decrease over time as more COPE is burned through Play-Fi initiatives, including the merch store, trading pool fees, and play-to-earn gaming. Transferring a token to an account that can only receive them is burning a cryptocurrency.
