Two words that seem to boggle the minds of many crypto experts is
Through some eyes, the mindset of day-trading or swing -trading crypto makes it less currency and more commodity.
However, without this ‘investor’ side of the market, the interest in crypto would likely fade out. (Opening the floor for comments)
We’ve witnessed steady growth of the crypto space for quite some time.
We understand the concerns of those who act as late adopters into the blockchain space.
Technically without price-stability, there will never be a mass-adopted coin to act as a global decentralized asset. But hey, it’s 2021. Anything can happen.
In a sense, because of this slow adoption from governments to adopt currencies backed by blockchain, millions of people around the globe struggle to access financial services.
Fortunately, this is where a multitude of crypto projects step in.
Centric rises to the occasion with its two-token system to help promote a price-stable crypto market with true potential for adoption.
(With your help)
Centric is an innovative dual-token digital currency and decentralized blockchain protocol built on sound economics. The dual-token model rewards adoption with a fixed hourly yield, and stabilizes over time as it self-regulates token supply to meet ongoing changes in demand.
Centric Rise (CNR)
- Store of value
- Transactional currency
- Deflationary supply
- Inflationary price
- Hourly yield
Centric Swap (CNS)
- Traded on exchanges
- Elastic supply
- Demand indicator
- Governs token exchange
- Regulates supply
- Censorship resistant
- Independently audited
Centric Rise (CNR) trades at a predetermined price enforced by the Centric protocol and increases every hour when the Centric protocol balances.
No matter what price Centric Swap (CNS) is trading at, 1 CNS always converts to CNR at a fixed exchange rate of $1 USD of CNR. This means when the price of CNR increases each hour, it yields slightly more CNS than it did the previous hour.
How we are creating a synthetic-stable currency
With Centric, we have created the conditions for a purely synthetic-stable currency — that is, a currency untethered from all forms of existing assets and capitalized by itself. To achieve this, over time the Centric protocol works to manage the supply of Centric Rise until its market capitalization is equal to the market capitalization of Centric Swap.
Cryptocurrency, if adopted globally, would change the world.
People would be able to trade goods and services across borders in a decentralized, fair, and easy manner.
There would be no more worries about conversion rates and price volatility.
Imagine the anxiety that the lender would have over price speculation for the long term; such volatility bears a heavy risk for families and the safety of assets.
Perhaps, through Centric, investors will be able to sigh with relief — at last, a cryptocurrency that acts like currency… a global currency.