Thread by @needmorecoin, Things are only just heating up for @CentricRise. Centric are building a [...]

Things are only just heating up for @CentricRise. Centric are building a new global currency whilst also creating a economy.

Centric is a sleeping giant at 8M Marketcap, it won’t stay at this level for too long...

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#centricwarriors

$CNS $BTC $XRP $ETH $ADA

Centric are pioneering the new age of digital currency, they are looking to solve the issue that all current cryptocurrencies face which is price volatility.

They do this with their dual coin ecosystem:

$CNR (Centric Rise) & $CNS (Centric Cash)

$CNS (Centric cash) is a synthetic stable coin currently priced at $0.0027c which in the long run (3-5 years) will eventually reach $1, once at this price level it will stabilise due to its elastic supply and it being pegged to $CNR.

Let me explain further...

$CNS price is simply determined by supply and demand, as well as the burnt rate of $CNR (Centric Rise).

$CNR is deflationary with a initial fixed supply of 1B, every hour some of the supply is burnt. This increases the price of $CNR, creating the incentive to hodl.

The only way to obtain $CNR is to purchase $CNS from exchanges and convert it to $CNR using Centric Wallet or Centric Swap.

When swapped, $CNS is burnt from the supply and converted to $CNR. Centric Rise is pegged to Centric cash at $1 of $CNR to 1 $CNS.

Swap back at any time

This means that as the price of $CNR is increasing every hour, the hodler is actually earning more $CNS due to the value of the fixed peg between the two coins.

Simply by holding $CNR the holder can earn a very good yield at a fixed APY, currently 509%.

Now let’s say $CNS increases in value, whilst you was holding $CNR, this would actually multiply your yield leading to Crazy big boy gains.

2x - 200% yield
5x - 1000% yield

First of all it’s bull season, and this low cap is prepared to fly at 8mcap, it will happen...

Go see for yourself, here’s a Centric portfolio calculator made by a community member. It calculates potential returns by just holding $CNR as well as $CNS increasing in value.

https://centricfolio.com"> https://centricfolio.com

The reason why for the immense APY, is that we’re currently in the adoption phase. These APY’s won’t be here forever and decrease slowly every quarter.

The APY’s are predetermined yearly by @CentricRise’s technology. Until we reach governance at $1.

It pays to be early...

Staking is coming later this month via @ghstoken.

Fixed $CNR APY’s + earning more $CNR staking.

Even more incentive to hold $CNR.

CENPAY

$CNS $CNR

Remember centric are also creating a economy. The beta of CENPAY releases later this year in Q3. Letting you pay merchants with either your $CNS & $CNR.

Centric are currently in talks with 10 tier 1 & 90 tier 2 merchants.

CENPAY also uses #NFT technology.

The amount of $CNS & $CNR holders, are rapidly increasing.

Over 26k wallet addresses with 3.6K new holders in 13 days. What other sub 10mcap project has that much wallet growth.

Every day the #centricwarriors are growing stronger until they cannot be stopped.

Did you know that @CentricRise spent 6 figures on their domain very recently.

https://www.centric.com/news_event/centric-acquires-centric-dot-com/

They">https://www.centric.com/news_even... clearly believe in the longevity and scope of their project.

$CNS $CNR

Let’s talk audits and security, @CentricRise is audited by @iosiro_security.

One of the most reputable who have audited SNX and 1Inch exchange. You can view the audit here yourself: https://iosiro.com/audits/centric-cash-smart-contract-audit">https://iosiro.com/audits/ce...

Centric Cash Smart Contract Audit | iosiro

Read the details of a security audit performed by iosiro on Centric Cash, one of the TRC20 tokens used in the Centric Protocol.

https://iosiro.com/audits/centric-cash-smart-contract-audit

Here’s one of my favourite interviews where the CEO of @CentricRise explains everything, as well as future plans.

It’s a very good watch for anyone wanting to learn more. https://youtu.be/Z3nJ8rDtbEw ">https://youtu.be/Z3nJ8rDtb...

I truly believe this has the potential to do at-least a 50x from this price. I’ve shilled all that I can.

If any of my points interested you the slightest. I urge you to read the white paper:

https://www.centric.com/whitepaper-old/

(16/16)">https://www.centric.com/whitepape...

Whitepaper » Centric

Introducing Centric Rise (CNR), and Centric Cash (CNS). Centric Rise is designed as a currency that has a clear future value and is non-speculative.

https://www.centric.com/whitepaper-old/

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