Contentos Goal of Burning 5 Billion COS Tokens
Contentos is dedicated to continuing to do our best to benefit our investors, creators, and users who are joining us in our journey. A major part of our plans to benefit our community and ecosystem in the long run is our ultimate goal of burning up to 5 billion COS tokens or 50% of contentos total circulating token supply.
Every creator, investor, and user can participate in and help to accelerate this process of burning tokens while at the same time earning more COS tokens.
How to Join Contentos in the Burning Plan
Contentos burns tokens every quarter. The burned tokens are collected from activities such as VEST Loan activities, NFT minting, and trading activities. The following are ways that investors, creators, and users can participate in this collection process:
- Investors: Participate in VEST loans, trading competitions, etc.
- Creators: Create COS.TV channel, upload videos, apply for Video NFT minting and trade NFTs, ad monetization, etc.
- Users: Purchase Gifting Votes and other upcoming paid features on COS.TV
The third token burning event at the end of this month will burn the fees collected from the Asia-Pacific and Latin American communities that participated in the most recent VEST loan bidding event. We have collected 2,430,916.29 COS tokens for burning. The amount to be burned is 13.5 times higher than the amount that was burned last time!
COS.TV has started accepting applications for minting Video NFTs, and the 10,000 COS token service fee for minting NFTs will also be burned in the future.
Contentos Activities
- BP Voters: Participate in BP Voting, earn VEST (1 VEST = 1 COS)
- Creators: The best way to earn COS! Create your own channel on COS.TV, upload original videos, get video “likes” from viewers with VEST, and ask fans to send you Gifting Votes.
- PancakeSwap Users: Purchase CAKE tokens on Binance and stake them on the COS-Syrup Pool on PancakeSwap to earn COS at 140% APY.
- Binance Users: Purchase COS on Binance and participate in COS Binance Savings and COS Binance Staking with high APY!
- Bithumb Users: Stay tuned for Bithumb’s announcement and make sure to participate in a limited COS Staking event with high APY.
