Description
Centric is a cryptocurrency project that innovates within the web3, crypto, and blockchain ecosystem through its dual-token economic model, consisting of Centric Rise (CNR) and Centric Swap (recently referred to as Centric Cash - CNS). CNR is a deflationary token designed to increase in price hourly, offering a predictable return to holders and aiming to evolve into a stable, constantly growing currency. CNS, on the other hand, acts as the liquid, tradable token for transactions and exchanges, serving as the gateway to CNR. The project leverages a proof of stake consensus to enhance energy efficiency and incorporates a governance model for community participation in decision-making. Additionally, it incentivizes users with a staking feature to support the token's deflationary model and ecosystem stability. By addressing market volatility and promoting long-term holding, Centric seeks to create a self-sustaining economic environment that bridges the crypto sector with traditional financial systems, emphasizing accessibility, stability, and growth. The exchange between CNR and CNS is managed by a decentralized protocol that automatically adjusts supply to meet demand changes, und...
Centric is a cryptocurrency project that innovates within the web3, crypto, and blockchain ecosystem through its dual-token economic model, consisting of Centric Rise (CNR) and Centric Swap (recently referred to as Centric Cash - CNS). CNR is a deflationary token designed to increase in price hourly, offering a predictable return to holders and aiming to evolve into a stable, constantly growing currency. CNS, on the other hand, acts as the liquid, tradable token for transactions and exchanges, serving as the gateway to CNR. The project leverages a proof of stake consensus to enhance energy efficiency and incorporates a governance model for community participation in decision-making. Additionally, it incentivizes users with a staking feature to support the token's deflationary model and ecosystem stability. By addressing market volatility and promoting long-term holding, Centric seeks to create a self-sustaining economic environment that bridges the crypto sector with traditional financial systems, emphasizing accessibility, stability, and growth. The exchange between CNR and CNS is managed by a decentralized protocol that automatically adjusts supply to meet demand changes, und...