Frequently Asked Questions

Centric is a dual-token digital currency protocol on the Solana blockchain. Centric Swap (CNS) is a freely traded token with an elastic supply, and Centric Rise (CNR) is a holding token whose conversion rate against CNS is set by the protocol and rises at hourly intervals. The Centric Foundation, a non-profit organization established in October 2019, oversees the protocol's development and adoption. Centric was conceived in December 2017 and launched its dual-token protocol in February 2020.

Centric Swap (CNS) is the transactional and liquidity token of the Centric protocol. CNS is an SPL token on the Solana blockchain that is freely traded on cryptocurrency exchanges at a price determined by market supply and demand. CNS has an elastic supply — new tokens are minted when users convert CNR to CNS, and tokens are burned when users convert CNS to CNR. CNS has no fixed dollar value: its market price is set by buyers and sellers and can move sharply. CNS serves as the on-ramp and off-ramp for the Centric ecosystem.

Centric Rise (CNR) is the holding token of the Centric protocol. The protocol's smart contract sets a conversion rate for CNR, recorded in hourly on-chain entries called Price Blocks, and the rate rises with each block. The contract expresses the rate in dollars but counts one CNS as one dollar, so in practice the rate is measured in CNS, not at CNS's market price. CNR has a fixed maximum supply of 8 billion tokens. CNR is not traded on external exchanges; it is obtained only by converting CNS through Centric's on-chain swap.

Centric has two tokens that work together. Centric Swap (CNS) is the token you buy, sell and spend. It trades on exchanges at a market price set by buyers and sellers, and its supply rises and falls as people convert. Centric Rise (CNR) is the holding token. It isn't traded on exchanges, and you get it by converting CNS. CNR has a conversion rate against CNS that the protocol raises every hour, recorded in on-chain Price Blocks. You can convert between the two at any time in the Centric Wallet or at swap.centric.com. Neither token has a fixed dollar value.

Because CNR's conversion rate against CNS rises every hour, converting CNS to CNR and later converting back returns more CNS than you started with. The extra CNS is created by the protocol at the moment you convert back. No staking or lockup is involved, and you can convert at any time in the Centric Wallet or at swap.centric.com. The rate is a protocol setting that the Centric Foundation can change; the current schedule is on the Metrics page. What your CNS is worth in dollars depends on its market price, which can fall by more than the rate adds.

No, Centric is not a stablecoin. Stablecoins like USDT (Tether) and USDC are designed to maintain a fixed $1 value through fiat currency reserves. Centric has no reserves and no peg: CNS trades at a market price set by buyers and sellers, which can move sharply, and CNR has a conversion rate against CNS that the protocol raises every hour. Neither token is designed to hold a fixed dollar value, and Centric does not promise protection against inflation.

Centric differs from Terra/Luna in several fundamental ways. Terra used a single algorithmic mechanism where UST was minted by burning LUNA and vice versa, creating a reflexive death spiral when confidence was lost in May 2022. Centric splits the two roles between two tokens: CNS trades on the market, and CNR has a conversion rate set by the protocol. CNR's conversion rate is recorded in on-chain Price Blocks that cannot be altered once created, rather than set by market arbitrage, and CNS's supply adjusts elastically with no peg to defend. Neither token is designed to hold a fixed dollar value.

Centric operates on the Solana blockchain as of March 2026. The protocol migrated from Binance Smart Chain (BSC) to Solana to achieve enhanced scalability, lower transaction costs, and faster confirmation times. Both CNS and CNR are implemented as SPL (Solana Program Library) tokens. The CNR contract address is 5STJWBrKaLdFX649gGN1yq8CNyPVmZPVZi5jNuXSSVgC and the CNS contract address is 2jUSPvEuxSxJ6nGpUHyXVAcNxyhugPC1iBeNjhTXzAUy. Previously, Centric operated on TRON (2018) and Binance Smart Chain (2020–2026).

Protocol consensus is Phase One of Centric's three phases to global adoption, and it is where Centric is today. The aim of this phase is for Centric Swap (CNS) to settle at a widely accepted market price with deep liquidity. That price is set by buyers and sellers, and nothing guarantees it.

The Centric Foundation is a non-profit organization established in October 2019 that is responsible for the long-term success and development of the Centric protocol. The Foundation's stated vision is to create a decentralized global currency that is accessible to everyone. The Foundation manages protocol governance, partnership development, exchange listings, and ecosystem growth initiatives.

Price Blocks are on-chain records of the current, past and scheduled conversion rates of Centric Rise (CNR). Each Price Block covers one hour (counted in hours since the Unix epoch) and holds the CNR rate, which the contract records in dollars while counting one CNS as one dollar, the monthly rate of change, the change from the previous block, and the creation time. Price Blocks cannot be altered or destroyed once created, and each hour has only one. The Centric team triggers each Price Block, an immutable formula on the Centric Rise smart contract calculates it, and the Centric Foundation sets the monthly rate the formula uses.

Centric Swap (CNS) can be purchased on cryptocurrency exchanges that list the token. As of October 2026, CNS trades on Raydium (CNS/SOL), a decentralized exchange on Solana. Since August 12, 2026, it has also traded on Ourbit (CNS/USDT), a centralized exchange. The Centric Foundation is actively working to secure listings on additional major cryptocurrency exchanges. Once purchased, CNS can be withdrawn to any Solana-compatible wallet and optionally converted to CNR through swap.centric.com or the Centric Wallet.

The Centric Rise (CNR) contract address on Solana is 5STJWBrKaLdFX649gGN1yq8CNyPVmZPVZi5jNuXSSVgC. The Centric Swap (CNS) contract address on Solana is 2jUSPvEuxSxJ6nGpUHyXVAcNxyhugPC1iBeNjhTXzAUy. Both contracts can be verified on Solscan.io. The contracts were audited by CertiK prior to deployment.

The maximum supply of Centric Rise (CNR) is 8 billion tokens. This was set at protocol inception on the Solana blockchain. Each hour the protocol burns CNR held in quarantine as the conversion rate rises, to keep its internal accounts in balance. The burn does not change the CNR in any holder's wallet. The actual circulating supply of CNR decreases over time as tokens are burned.

CNS has no fixed maximum supply. New CNS is created only when someone converts CNR to CNS, and CNS is destroyed when someone converts CNS back to CNR. The "Max Supply" shown for CNS on the Metrics page is how much CNS would exist if all CNR were converted at today's rate. It's a calculation, not a cap, and it goes up as CNR's conversion rate rises.

Centric tokens (CNS and CNR) are SPL tokens on the Solana blockchain and are supported by any wallet that supports Solana SPL tokens. The Centric team recommends using the Centric Wallet (a web app at solana-wallet.centric.com that works with your own Solana wallet) for the best experience, as it supports direct swapping between CNS and CNR. Other compatible wallets include Phantom, Solflare, and other Solana-compatible wallets.