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Centric

Centric

Centric is a dual-token digital currency and cryptocurrency project aiming to replace traditional fiat currencies by solving price volatility. It underpins an economy of merchants and Web3 projects. The Centric Foundation manages the two-token system (CNR and CNS), sets macroeconomic policy to stabilize purchasing power, and focuses on expanding adoption, securing partnerships, and connecting the protocol to real-world applications.
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Description

Centric is a dual-token digital currency and decentralized blockchain protocol designed for Web3, with the vision of replacing traditional fiat currencies by addressing price volatility. The system consists of two tokens: Centric Swap (CNS), for spending and trading, and Centric Rise (CNR), for holding to earn yield, with CNR's value increasing hourly relative to CNS. The Centric Foundation, an independent entity, supports the protocol by managing its macroeconomic policy, setting the CNR price a year in advance to stabilize purchasing power, and fostering adoption through partnerships. The project's roadmap includes phases for Adoption, Stability (aiming for CNS to reach $1 USD), and Utility, with the ultimate goal of becoming a viable transactional currency with features like censorship resistance and low fees on a public ledger.