Cope (COPE)
Basics
- Based in:
- Started in / Announced on:
- Testnet release:
- Mainnet release:
- From TheTie (25-5-2021): "Cope is a project created by legendary dev Cyrii, and it enables traders to rank their performance and view other traders’ performance in an index based on their Cope score. Cope won the Community Choice Prize in the Solana x Serum DeFi Hackathon, voted by the community."
History
Token
Launch
Token Allocation
Utility
Other Details
Stablecoin
Coin Distribution
Technology
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
Implementations
- Built on: Solana
How it works
"It consists of two phases:
Phase 1 involves seeking out active traders on Twitter to evaluate their weaknesses and failures retrospectively based on their calls made in the crypto markets. They will then receive reports for self analysis. Traders are evaluated based on their call accuracy along with a few other parameters, resulting in a COPE score. High ranking traders are labeled as Top Call Makers. The top 100 Call Makers are placed in a COPE index, ranking them by COPE score. This will provide a new type of investment product based on top trader calls. The COPE airdrop sparked a lot of excitement within the community. There were over 5,000 participants who received 2,000 COPE tokens for free. The value of this airdrop hit a peak of $16,600.
Phase 2 of Cope will be an automated investment product that users can give permission to trade on their behalf based on the COPE index. The immediate capability allows for integration of the Serum DEX and its CLOB, but the longer term vision is to support cross-chain trading."
Staking
"Users can stake their COPE tokens to receive LP-COPE, allowing them to unlock their COPE Report. These reports will highlight recurring actions that lead to winning and losing trade results, which can be read and studied over again to improve trading skills."
Validator Stats
Liquidity Mining
Scaling
Interoperability
Other Details
Privacy Method
Compliance
Oracle Method
Their Other Projects
Governance
DAO
Admin Key
Treasury
Upgrades
Roadmap
- Can be found [Insert link here].
- "Integrate Sollet Wallet – Allow User login via Solana Wallet
- Integrate Automated Twitter Verification – Enable Solana Wallet <-> Twitter Connection
- Implement Top 100 COPE Index – Onboard top 100 call makers from 10000s. Update and maintain this regularly
- Implement the COPE Token – Mint COPE on Solana Blockchain and implement necessary distribution processes
- Implement the COPE / SOL Pool – Allow users to buy COPE with SOL
- Implement COPE staking – Allow COPE staking for LP token issuance and ownership for report unlocks and disputation process
- Implement COPE distribution processes – Build COPE distribution processes for Report Unlocking and COPE emission events for users participating in the COPE INDEX
- Implement Call Disputation Process – Implement 30 minute time window Call Disputation Process via direct COPE staking
- Implement COPE Governance – Implement COPE Governance for Pool Creation and Autonomous Bonding Curve Distribution"
Audits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding, Partnerships, etc.
Team
- Full team can be found [here].
Funding
Partners
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