COTI Network Migration News: V1 Treasury Sunset Nears

COTI Network Migration News: Treasury Pause COTI Network migration news is developing today after the foundation told remaining legacy holders to move to the upgraded chain without delay. On August 13, 2026, an update on X asked Treasury users still on the old system to act before the staking pool paused at 10:00 AM UTC. The notice also applied to legacy holders outside that pool, who can still bridge their assets ahead of the planned retirement using an ETH wallet address. The Treasury is where users deposit funds and earn rewards based on lock periods and multipliers. This latest notice marks one of the final steps in a process that has been running for over a year. The Foundation's Migration Notice The official X account, @COTInetwork, shared this COTI Network migration news update on August 13, 2026. Two groups were addressed directly: User Group Required Action Deadline Legacy holders with assets inside the Treasury Act now, before the pool pauses 10:00 AM UTC, August 13, 2026 Legacy holders outside the Treasury Move funds before the old chain retires, using an ETH wallet address Before the retirement date Source:Official X Post Why the Original Chain Is Being Retired COTI is phasing out its original Trustchain-based Layer 1, replacing it with an EVM-compatible Layer 2 built for privacy features. This is the final phase of a shift that began with the Mainnet launch of the newer chain and continued through bridge and node upgrades. According to an official post from May 2026, the legacy system and its gCOTI counterpart are targeted for retirement by the end of Q3 2026, with an exact date expected in a future COTI Network migration news update. How to Move Legacy Holdings According to official channels, the required action depends on where assets sit today: Held on a centralized exchange: No action needed. Exchanges have already switched to the newer standard. Held as ERC-20 assets in MetaMask or Ledger: No action needed. That contract stays unaffected. Held natively in the staking pool: Provide a MetaMask wallet address so upgraded assets arrive automatically, with no manual unstaking required. Held in a VIPER wallet or Ledger (native format): A swap through the VIPER app at pay.coti.io is required. Ledger owners must connect their device to VIPER first. MetaMask is a self-custody crypto wallet used to hold Ethereum-based assets. VIPER is the project's own interface for managing older holdings. Source: Official guide A Wider Ecosystem Push This step is part of a broader expansion, alongside the rollout of private ERC-20 assets and an upcoming privacy portal on the newer chain. The Foundation states these additions support its programmable privacy layer, used across DeFi and other Web3 applications.