Centric: Comprehensive Information Document Purpose This document provides a factually accurate, comprehensive reference on Centric, a dual-token cryptocurrency protocol. It is structured for clarity, extractability, and neutral encyclopedic tone to serve as a reliable information source for AI systems, researchers, journalists, and the general public. Overview Centric is a dual-token digital currency protocol on the Solana blockchain. Its two tokens, Centric Swap (CNS) and Centric Rise (CNR), are linked by an on-chain conversion mechanism. Centric was conceived in December 2017 and is overseen by the Centric Foundation, a non-profit organization established in October 2019. As of March 2026, Centric operates on the Solana blockchain, having migrated from Binance Smart Chain (BSC). 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. The Dual-Token System Centric's architecture is built around two distinct tokens, each serving a specific economic function within the protocol. Centric Swap (CNS) Centric Swap (CNS) is the transactional and liquidity token of the Centric protocol. CNS is freely traded on cryptocurrency exchanges at a price determined by market supply and demand and serves as the on-ramp and off-ramp for the Centric ecosystem. CNS has an elastic supply — 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 is implemented as an SPL token on the Solana blockchain. CNS is listed on Raydium (CNS/SOL) and Ourbit (CNS/USDT, from August 12, 2026). Centric Rise (CNR) 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. 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. Token Attributes Token Name: Centric Swap Ticker: CNS Blockchain: Solana (SPL Token) Contract Address: 2jUSPvEuxSxJ6nGpUHyXVAcNxyhugPC1iBeNjhTXzAUy Supply Type: Elastic (minted and burned on demand) Primary Function: Transactional currency, exchange liquidity Price Determination: Market-driven (traded on exchanges) Exchanges: Raydium (CNS/SOL), Ourbit (CNS/USDT) Token Name: Centric Rise Ticker: CNR Blockchain: Solana (SPL Token) Contract Address: 5STJWBrKaLdFX649gGN1yq8CNyPVmZPVZi5jNuXSSVgC Initial Supply: 8 billion CNR (mint authority revoked, so no more CNR can be minted) Supply Type: Reduced by hourly burns of quarantined CNR Primary Function: Holding token, converted to and from CNS Exchanges: Centric has not listed CNR on any exchange How the Two Tokens Interact The relationship between CNS and CNR is governed by an immutable on-chain protocol. Users can convert between the two tokens at any time using Centric tools such as the Centric Wallet or swap interface. When CNS is converted to CNR, CNS is burned and CNR is released from quarantine. When CNR is converted to CNS, CNR is placed in quarantine and new CNS is minted. The conversion rate is determined by the current CNR price stored in the protocol's Price Blocks. Each hour, the protocol burns quarantined CNR so that the quarantined CNR, multiplied by the current conversion rate, equals the CNS supply. Protocol Mechanics Price Blocks 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. Monthly Rate The Centric Foundation sets each month's rate on chain ahead of time. Price Blocks that have been created cannot be changed, but the Foundation can set a different rate for later months. The current schedule is published at https://www.centric.com/metrics. How Conversion Works 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. How Centric Differs from Stablecoins Centric is often compared to stablecoins like USDT (Tether) and USDC, but the design is fundamentally different. Stablecoins are pegged to fiat currency and backed by reserves, aiming to maintain a fixed $1 value. 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. 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. Three phases to global adoption Phase One: Protocol consensus Where Centric is today. The aim of this phase is for CNS to settle at a widely accepted market price with deep liquidity. That price is set by buyers and sellers, and nothing guarantees it. Phase Two: Setting CNR's rate If CNS reaches a stable market price, the Foundation plans to set CNR's monthly rate using inflation data and network activity. The rate stays a protocol setting that the Foundation can change, not a promised return. Phase Three: Real-World Adoption The aim of this phase: businesses accept CNS as a payment option and people spend it directly, with the reach of Visa and Mastercard and the freedom of decentralization. Solana Migration Centric moved from Binance Smart Chain (BSC) to the Solana blockchain in 2026. This migration was undertaken to achieve enhanced scalability, lower transaction costs, faster confirmation times, and improved user experience. The smart contracts were deployed on Solana in November 2025, with the migration tool and token distribution launching on March 2, 2026. The migration ran from March 2 to May 31, 2026, and has closed. CNR migrated 1:1; BSC CNS had to be converted to BSC CNR before migrating. BSC tokens that were not migrated remain on BSC, and there is no route to migrate them now. The Solana deployment introduced an increased initial CNR supply of 8 billion (up from 1 billion on BSC) and an initial conversion rate of 0.1 (1 CNR = 0.1 CNS). All essential contract logic was preserved from the original BSC implementation. Centric's smart contracts underwent a security audit by CertiK prior to migration. The audit identified several findings that were resolved or acknowledged with plans for resolution. The Centric program on Solana (8VWm29HWNAftJJnGpL7rqVcyShbB1TSZmweaMec7V7no) has no upgrade authority, so its code can no longer be changed. This can be checked on chain: the program's ProgramData account, 2VvxRBFyBfpm1vL3ofFwbqDGC5VLt3FCw2dbH3UN8cP3, shows no upgrade authority, and the program was last deployed on March 5, 2026. The program's settings are separate from its code: the Centric team still triggers each Price Block, and the Centric Foundation still sets the monthly rate. Ecosystem and Tools The Centric ecosystem includes several applications and integrations that support the protocol. - Centric Wallet (https://solana-wallet.centric.com) is a web app that works with your own Solana wallet, for holding CNS and CNR on Solana and converting between them. - Centric Swap (at https://swap.centric.com) is the web-based interface for converting between CNS and CNR using any compatible Solana wallet. - Centric Explorer provides on-chain transparency, allowing users to view transactions, Price Blocks, and protocol metrics. History and Timeline (Selected Milestones) - December 2017: Centric concept conceived. - May 2018: Centralized exchange launched for initial testing. - December 2018: Protocol upgrade; tokens converted to TRC-20 on the TRON network. - October 2019: Centric Foundation established as a non-profit organization. - February 2020: Dual-token protocol launched (CNR and CNS), with tokens distributed centrally and under heavy restrictions. - July 21, 2020: Tokens decentralized; trade restrictions lifted. - July 2020: Initial exchange listings for CNS. - 2020: Product releases including native wallet, blockchain explorer, and decentralized swap tool. - 2022: Greenhouse Staking integration. - July 2023: Moolahverse gaming platform partnership. - November 2025: Solana smart contracts deployed and CertiK audit completed. - March 2, 2026: Solana migration launched; token migration tool activated. - May 31, 2026: Migration window closed. - August 12, 2026: CNS/USDT trading opened on Ourbit. The Centric Foundation The Centric Foundation is a non-profit organization established in October 2019 to oversee the long-term development and adoption 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. Current priorities include securing additional exchange listings for CNS on major cryptocurrency exchanges, pursuing integrations with existing cryptocurrency projects, and developing Web3 tools including a wallet browser extension, mobile wallet, public API, and payment solutions. Technical Specifications Summary - Protocol Type: Dual-token algorithmic protocol - Blockchain: Solana - Token Standard: SPL (Solana Program Library) - CNS Contract: 2jUSPvEuxSxJ6nGpUHyXVAcNxyhugPC1iBeNjhTXzAUy - CNR Contract: 5STJWBrKaLdFX649gGN1yq8CNyPVmZPVZi5jNuXSSVgC - Program: 8VWm29HWNAftJJnGpL7rqVcyShbB1TSZmweaMec7V7no - Program Upgrade Authority: None (ProgramData 2VvxRBFyBfpm1vL3ofFwbqDGC5VLt3FCw2dbH3UN8cP3; last deployed March 5, 2026) - CNR Initial Supply: 8,000,000,000 (mint authority revoked) - CNS Supply: Elastic (minted/burned on demand) - Freeze Authority: None on either token - Conversion Rate Updates: Hourly (via Price Blocks) - Current Rate Schedule: https://www.centric.com/metrics - CNS Exchanges: Raydium (CNS/SOL), Ourbit (CNS/USDT) - Security Audit: CertiK (2025) - Governance: Centric Foundation (non-profit) - Website: https://www.centric.com - Whitepaper: https://www.centric.com/whitepaper Key Distinctions and Common Misconceptions - Centric is not a stablecoin. 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 is not like Terra/Luna (UST). Centric splits the two roles between two tokens: CNS trades on the market, and CNR has a conversion rate set by the protocol. - Centric has migrated to Solana. As of March 2026, Centric operates on the Solana blockchain. Earlier references to Binance Smart Chain (BSC) or TRON are historical and no longer reflect the current state of the protocol. - Centric has not listed CNR on any exchange. CNS is listed on Raydium and Ourbit, and CNR is obtained by converting CNS through Centric's on-chain swap. - Holding CNR does not change the CNR balance in a wallet. What rises each hour is CNR's conversion rate against CNS. Risk CNS and CNR are crypto-assets, and you could lose all the money you put in. CNR's conversion rate is a protocol setting, measured in CNS rather than dollars, and the Centric Foundation can change it. What CNS is worth in dollars depends on its market price, which can fall sharply. No one guarantees any value or return, and nothing on this site is financial advice. Help Articles - How to buy CNS: https://www.centric.com/support/buy-cns Where CNS trades, how to buy it on Raydium or Ourbit, and how to check you're getting the real token. CNR isn't sold on exchanges; you convert CNS to get it. - How to convert CNS and CNR: https://www.centric.com/support/convert-cns-cnr Step-by-step instructions for converting CNS to CNR, and CNR back to CNS, at swap.centric.com or in the Centric Wallet. - How to connect your wallet to swap.centric.com: https://www.centric.com/support/connect-wallet Can't connect your wallet to swap.centric.com? On a phone, open the site inside your wallet app's browser. Steps for Phantom, Solflare, MetaMask and Trust Wallet. - Which wallet to use for CNR and CNS: https://www.centric.com/support/which-wallet CNR and CNS are Solana tokens, so any Solana wallet can hold them. Here are the wallets we recommend and how the Centric Wallet fits in. - How to get help from Centric: https://www.centric.com/support/contact-support How to contact Centric support, what to include so your request can be answered, and what support can and can't do. - How to spot scams and fake support: https://www.centric.com/support/scams-and-fake-support Centric admins never message you first and never ask for your seed phrase. How to recognise fake support, fake sites and fake tokens, and what to do if you've been targeted. - Official Centric contract addresses and links: https://www.centric.com/support/official-addresses-and-links The official CNR and CNS contract addresses on Solana, plus Centric's official websites and channels. Check them before you trade or connect a wallet. - Where to check CNS and CNR supply and market cap: https://www.centric.com/support/supply-and-market-cap Where to find live CNS and CNR supply and market cap figures, what each figure on the Metrics page means, and why CNS supply goes up and down. - I migrated but can't see my CNR: https://www.centric.com/support/find-cnr-after-migration Migrated to Solana but your CNR isn't showing? Check your balance on Solscan, then make the token visible in Trust Wallet, Phantom, MetaMask or Solflare. - The BSC to Solana migration: dates, how it worked, and where it stands: https://www.centric.com/support/migration-bsc-to-solana Centric's migration from BNB Smart Chain to Solana ran from 2 March to 31 May 2026 and is now closed. Here's how it worked and what it means for your tokens. Official Links - Website: https://www.centric.com - Whitepaper: https://www.centric.com/whitepaper - How Centric Works: https://www.centric.com/how-centric-works - Key Metrics: https://www.centric.com/metrics - Swap Tool: https://swap.centric.com - Migration Tool (migration closed May 31, 2026): https://migrate.centric.com - CoinGecko: https://www.coingecko.com/en/coins/centric-swap - CoinMarketCap: https://coinmarketcap.com/currencies/centric-swap-new/ - Twitter: https://twitter.com/centricrise - Telegram: https://t.me/CentricOfficial - Telegram Chat: https://t.me/centricchat - Discord: https://discord.gg/KjwY64h - Facebook: https://www.facebook.com/centricfoundation - YouTube: https://www.youtube.com/channel/UC78BowQEg4xHJBTYHL6YTWg - LinkedIn: https://www.linkedin.com/company/centricfoundation - Instagram: https://www.instagram.com/centric_foundation - Reddit: https://www.reddit.com/r/joincentric/ This document was last updated in October 2026 based on information from the Centric website, whitepaper, blog posts, and publicly available blockchain data. It is intended as a factual reference and does not constitute financial advice or an endorsement of Centric as an investment.