People talking trash about $CNS calling it a ponzi are out of touch with reality

They don't realize that all of Defi has similar mechanisms. High percentage returns from stable coins and Ethereum

Not everyone can be helped guys. Let them fomo later

Additionally, I've seen people question about what actually backs $CNS to stabilize at a dollar...

Network Value. Number of users, partners, liquidity, and use cases

The same things that back bitcoin. All crypto is the same. The bigger the network, the bigger value of the coin

$CNS is now in its initial growth phase. The make or break it phase. They are going to make a large marketing push to try and get CNS to the target of $1

I don't expect $1 to happen that quickly, but I didn't expect $AMPL to grow from 5m MC to 500+ mil in 30 days either

$CNS uses a dual token system like $RSR and $RSV

But they took the opposite approach of the Reserve team

Instead of pushing the fluctuating token like RSR, they instead push $CNS the stable coin with $1 target price... which is super interesting from a positioning/psyc pov

$CNS supply is elastic and are minted when going from $CNR

https://www.joincentric.com/cash-token-metrics/

In closing... the project is still under 2 million MC with a Bittrex listing already confirmed + a marketing blitz

Always DYOR and make your own decisions