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Codi Whitepaper 02

TABLE OF CONTENT

Introduction
03

Vision
04

Why Solana
04

Codi Ecosystem
04

Introducing CODI
06

Staking
06

Governance
08

What is Unique about the CODI Ecosystem

Tokenomics
09

Roadmap
11

Legal Disclaimer
12

Team & Progress

“Blockchain technology and the utility token ecosystem

are the two pillars that will turn our transparent

platform into a global one.”

1.1 Foreword

Decentralized finance, often known as DeFi, was developed as a concept to replace the

current traditional financial model. This “game-changing” concept has resulted in the

emergence of unique financial products on the Ethereum blockchain. These Ethereum-based

decentralized ecosystems enable financial services such as lending, insurance, and borrowing

to be provided directly to users rather than through central institutions. While Ethereum has

aided DeFi in its current growth, the current difficulties and limitations on the Ethereum

blockchain must be resolved to scale to the next level and gain more adoption.

The Ethereum mainnet proof-of-work consensus is slow, scalability is limited, and

transaction fees are high. These constraints are impeding the growth of users who want to

take advantage of the opportunities and services provided by DeFi.

Due to these limitations and difficulties, most Solana blockchain users find it difficult to trade

on token exchanges built on the Ethereum blockchain. For the DeFi sector and other

decentralized financial protocols to continue to grow and gain more adoption, there is a

greater need than ever for more efficient, affordable, and scalable Decentralized Finance

Offerings.

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 CODI, a new DeFi ecosystem with three offerings: an IDO Launchpad, an NFT marketplace,

and a DEX. CODI intends to use the Solana Blockchain to develop highly scalable,

interoperable, and secure DeFi products, to accelerate the rise of fair and decentralized

next-generation DeFi products across multiple chains.

1.2 Vision

CODI aims to build a progressive ecosystem where users may get decentralized financial

products faster and lower costs within the Solana ecosystem.

1.3 Why Solana?

The Ethereum blockchain's main limitations are its high transaction cost and slow transaction

speed. CODI addresses these issues by building a fully decentralized ecosystem on the

Solana blockchain much faster and less expensive.

Solana blockchain is built using a more efficient proof-of-History (PoH) consensus. It can

process up to 65,000 transactions per second. Solana's performance outperforms the

popular Ethereum blockchain. CODI realized that building the decentralized protocols on

Solana would solve people’s problems when using Decentralized financial products on the

1.3 CODI Ecosystem

The CODI Ecosystem is made up of three primary products that distinguish us from other

IDO LaunchPad

COpad is a critical component of the CODI ecosystem. CODI's IDO launchpad gives crypto

projects the ability to sell tokens for upcoming DeFi Crypto launches.

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 The flaw with other IDO launchpads is that there is no guaranteed spot; it is first-come,

first-served, regardless of whether you have tokens or not. Some people use automated

bots to fill the whitelist spots in seconds. CODI's goal is to build a fully decentralized IDO

launchpad where everyone can invest. DeFi projects would also raise funds more safely

and effectively by those genuinely committed to the projects. CODI also plans on

implementing an automated rewards system to get more DeFi enthusiasts to provide

liquidity to projects on the COpad.

NFT Marketplace for artists and collectors

CODI intends to launch an NFT marketplace that will allow artists and collectors to trade

NFTs quickly and securely. The Ethereum blockchain hosts the largest and most popular NFT

marketplaces, which suffer from slow transaction times and high fees. CODI intends to use

the Solana blockchain to create a faster and less expensive NFT marketplace. As a result,

users would be able to trade NFTs and other digital assets efficiently. The introduction of

CODI's NFT marketplace would undoubtedly aid in the growth and scaling of the NFT market.

In addition, CODI intends to enhance the overall experience of buying and selling NFTs by

launching an efficient and smooth NFT marketplace with low gas fees and quick transaction

speeds.

CodiSwap--Decentralized Exchange

CODI plans on launching CodiSwap, a decentralized exchange on the Solana blockchain to

enable faster transactions at a lower cost. Most users find it difficult to trade on token

exchanges built on the Ethereum blockchain because they are slow, have limited scalability,

and have has high transaction fees. CodiSwap is a fully decentralized exchange platform

that allows users to exchange virtual tokens, quickly transfer funds between wallets, trade

various cryptocurrencies, stake them, and ensure market liquidity.

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 2. $CODI Explained

2.1 Introducing $CODI

$CODI is the native token of the CODI ecosystem. The token is an SPL-based digital asset.

$CODI also serves as a governance token for CodiSwap, the ecosystem's decentralized

exchange, and creating a community-driven ecosystem.

2.2 Staking

$CODI holders will be able to stake them and earn additional income from the trading fees.

Our staking tiers were designed with simplicity in mind, and users can claim their staking

rewards for free.

2.2.1 Staking Tier Benefits

Each staker will receive xCODI in exchange for CODI. This will display how much you've staked

and can be used to calculate your initial staking amount as well as the yield. In addition, each

ticket holder will have the opportunity to win additional tokens or other prizes. The number

of tickets you own determines your chances of winning. The section displays ticket allocation

by tier. A bonus is guaranteed in the Diamond and Challenger tiers.

BRONZE :1 ticket

SILVER: 12 tickets

GOLD: 100 tickets

DIAMOND: Guaranteed allocation

CHALLENGER: Guaranteed allocation

Furthermore, while the CODI is staked, the xCODI may be used for governance and other

incentives. Smart contracts will be used in our ecosystem to achieve widespread agreement

and transparency.

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 TIERS BRONZE SILVER GOLD DIAMOND CHALLENGER

Staking
2000 30000 225000 300000 500000
Account

Weight 0.1 2 20 30 60

APY 4.80% 6.40% 8.53% 9.60% 11.52%

2.2.2 Staking and Allocation Calculation

1. CODI will randomly take a screen capture of the Staking balance 24-72 hours before the

CODI round opens before the start of calculations. Users who stake more than $1,000 will

receive a guaranteed allocation.

2. Allocation calculation details

For instance, if we sell 14 million tokens and have 4000 BRONZE members, 50 SILVER

members, 8 GOLD members, 10 GOLD members, 4 DIAMOND members, and 3

CHALLENGER members, we will calculate:

The total weight of the buyers' staked tokens will be (4000*0.1) + (50*2) + (20*8) + (30*4)

+ (3*60) = 960. With this example, each tier will earn the following number of tokens:

BRONZE will receive – (0.1*960) = 96,

SILVER will receive – (2*960) = 1920,

GOLD will receive – (20*960) = 19200,

DIAMOND will receive – (30*960) = 28800,

and CHALLENGER will receive – (60*960) = 57600.

3. As the total staked pool grows, so does the number of tokens distributed. So, if there are

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 six challengers instead of 3 challengers (the calculation example), the token weight will

increase to 1140, implying that a BRONZE tier will receive 114 tokens. Others would rise in

their turn.

4. After 14 days, tokens can be withdrawn from staking. The annual percentage yield (APY)

is calculated. If you withdraw your BRONZE tier allocation after two weeks, you will receive a

0.26 percent = (6.8*(14/365)).

5. Staking pools will last for 365days.

2.3 Governance

$CODI holders will be able to participate in the governance of the ecosystem. The CODI

ecosystem uses the Decentralized Autonomous Organization(DAO) to put a proper

governance structure where everyone is a stakeholder in place. DAOs are smart contracts

that enforce specific rules to enable the ecosystem to run without an intermediary or a

middleman. Members of the CODI community will vote on partnerships, integrations, and

new features to make the ecosystem a better place. Every user on the CODI ecosystem

has a say in the future of CODI.

2.4 What is Unique about the CODI Ecosystem?

CODI has created a progressive ecosystem where new projects can thrive, connect to their

target market and get liquidity. CodiSwap is also an automatic market maker that allows

users to trade and exchange crypto assets by utilizing a liquidity pool. As a result, our users

can access decentralized financial products at high speed and low cost.

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 3. Tokenomics

3.1 Use of Funds

15%
Technical
Research

20%
Employee &
Operation
15%
Reserve

25%
Product
25% Development
Team & Adviser

Token Type Ticker

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 3. Tokenomics

3.2 Token Distribution

5%
10%
30%
10%

10%

20%
15%

Private Sales Teams

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 4. RoadMap

● Ecosystem

● Wireframe

Q3 2021 ● Marketing

● Private Sale

● Brand Awareness

● IEO

● IDO

● Listing on CEX Q4 2021

● Partnerships

● GUI Launch

● Trading Launch

● NFT Marketplace
Q1 2022
● ERC-20 ⬄ SPL Bridge
● Staking

● Swapping

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 5. Legal Disclaimer

This article was written for educational and informational purposes only, and it is not

intended to be used as a financial advertisement. None of the information, data, or analysis

provided should be used to make an investment decision. Nothing in this paper should be

construed as an offer or inducement to invest in any way. This document is not a

prospectus, invitation, motivation, or solicitation to invest in any securities, interests, or

assets, nor is it intended to be a sale or issue of securities, interests, or investments. The

material in this paper is given in good faith. CODI expressly disclaims any liability, and

recipients expressly waive any claim for any direct or indirect loss or damages resulting

directly or indirectly from reliance on any information contained in this document or any

information made available in connection with any further inquiries, (ii) any error or

inaccuracy in this document, (iii) any action resulting thereof, or (iv) usage of this document.

This disclaimer stands independent of any default, negligence, or lack of care. CODI has the

right to modify, alter, or correct this agreement at any time and without incurring any duty or

liability to any receiver. There is no CODI in this contract, and no rights, responsibilities,

conditions, performance, covenants, promises, or guarantees are expressed. It does not

establish any relationship between CODI and any Recipient or other party, nor does it

develop any relationship between CODI and any Recipient or other party on CODI's behalf

to the recipient.

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 5. Team & Progress

9 60 20
Dedicated People years of Combined years of Combined

Experience blockchain Experience

5.1 Team

Ar v ydas Kublickas

C EO

Business Development Specialist with significant

experience implementing business strategies for

blockchain companies.

Andrius Uoga D eiv ydas Balciunas Sigitas Kublickas Ehind ero Kingdavid

Financial Offic er Head of M arketing Technolog y Offic er C ontent M anager

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 Vilius M aselskas Raimondas Bagocius S hedra ch Fesobi

UI/ UX D esigner Customer S er vic e UI/ UX D esigner

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