@CentricRise@CentricRise As the first step in this initiative, Centric has appointed Sarn DeAngelo as Marketing Director for North America ?https://t.co/IOkMNAXm6T
Centric has officially begun the expansion of its global marketing initiative, launching a structured effort designed to accelerate awareness, participation, and long term adoption of the protocol worldwide.
Read full blog post here 👇:
https://t.co/rEuGndtrdl
A reminder for @CentricRise holders of $CNS and $CNR.
You don't swap using the wallets built in swap, that's just trading on the DEXs. If you want to swap between $CNS and $CNR go to https://t.co/a9oHgjeku4 for @solana based tokens. For the BSC tokens being phased out use https://t.co/ZYAk3f40jf to swap to CNR and migrate.
The Freeman Airdrop is coming 🎁
Briefly, yes, you can get it
The first ones already earned over $1,000 each for simple riddles
Your chance is here: https://t.co/P4UyijVwnV
More? You always want more. Well, if you dare… 👇
GM Agents!
We've all been waiting for this moment for a long time, and finally we are exited to announce the launch of our Incentivised testnet! 🔥
We consider it a groundbreaking initiative designed to leverage the power of community collaboration in testing and enhancing our AI agents. The testnet will run for approximately 2-3 months (or not) in several stages, providing fair opportunity for our community to engage in a variety of tasks, from running own AI agent assignments to engaing social activities. ✨
Community is everything for us, so we are allocating a part of our $ASRR tokens for all contributors involved in the testnet. 💸
We would like to break down the details about our testnet in several parts so be sure to check the whole thread to get a full understanding of how the testnet works 😉
Be sure as well to check out our latest blog post with all important details about the testnet
https://t.co/HZiai9ViWu
Join the testnet and start earning $sASRR tokens!
https://t.co/RIJ5Q3XTsN
Introduction to the Centric Protocol
I want to introduce you to a crypto project that I believe has enormous potential. It is called the Centric Protocol. In short, it is creating a global, digital currency that will maintain its value as inflation eats away at the values of competing currencies.
Let's start with a short explanation of how the Centric Protocol works. As a dual-token protocol, it uses two unique, interdependent tokens: Centric Rise (CNR) and Centric Swap (CNS). In the future, CNR will be a currency, and consumers will be able to use it to buy products and services from merchants around the world. CNR does not trade on exchanges, but CNS does; therefore, CNR relies on CNS to access liquidity. Since investors cannot buy CNR directly, they must buy CNS and swap it for CNR. The conversion rate between the tokens is called the swap rate; in other words, it is the "price" of CNR in terms of CNS. The protocol sets the swap rate, and it increases hourly. As the swap rate increases, not only must investors buy and swap ever more CNS for each CNR, but also the protocol burns CNR, permanently reducing its supply. While investors can hold either token and swap freely between them, holding CNR is more beneficial than holding CNS. Thanks to these mechanics, the protocol can instantly react to changes in the demand for CNR, and combined with increasing demand for CNR and external incentives, the price of CNS will eventually get to and stabilize at $1.00. At this point, the value of CNR, or its purchasing power, will be stable. Again, this is a short explanation of how the Centric Protocol works, and there's a lot more to it!
In the future, CNR will offer a compelling alternative to more traditional currencies. On the one hand, fiat currencies and stablecoins, which are simply "dollars on a blockchain," gradually lose their values due to inflation. On the other hand, CNR was designed to fight inflation, and it will keep its value once the price of CNS gets to and stabilizes at $1.00. Currently, the price of CNS is around $0.0000015, so there is a long way to go. As I explained above, however, the protocol creates the conditions and incentives to force its price to $1.00. Therefore, it is simply a matter of "when," not "if." Also, the Centric Foundation, which was created to increase the adoption of the Centric Protocol, is working nonstop to bring utility to CNR, and as the utility of CNR increases, the demand for and price of CNS will increase. When the price of CNS ultimately reaches $1.00, investors will not only hold a currency that keeps its value, but also they could make more than 650,000 times their money in capital gains on the way!
I want to leave you with a thought-provoking quote. In an email dated January 16, 2009, Satoshi Nakamoto wrote, "It might make sense just to get some in case it catches on. If enough people think the same way…[it] becomes a self-fulfilling prophecy." Of course, he (or she) was talking about Bitcoin, but the same reasoning applies to CNR and CNS. If you think that this idea has potential, buy some CNS, swap it for CNR, and earn the hourly yield as you wait to see what happens. By investing even $100 today, you can join this currency revolution and potentially set yourself up for life!
Thanks for reading this introduction to the Centric Protocol, and let me know if you want to learn more! As always, this is not financial advice, and make sure to do your own research.
@CentricRise $CNR $CNS
In October 2024 $CNS was sitting around 0.000001. It's already more than doubled and if you had converted your $CNS to $CNR you would have been yielding more $CNS every single hour.
I know, I know... But @CentricRise hasn't announced anything yet. You're right. They've survived through 2 Crypto Winters & will announce when the founders & foundation is ready.
How many small cap projects have been able to survive 2 crypto winters? Most die after 1, even medium and large caps. Centric is still here, still yielding new $CNS and burning $CNR every hour on the hour, the same way they have been doing for years.
In November they hit the milestone of 240 million $CNR burned, leaving only 760 million $CNR left. Each hour more $CNR is burned and those holding $CNR yield more $CNS and have a bigger slice of the pie just for waiting.
No special locked in stake. You convert $CNS that you bought off of the open market to $CNR using https://t.co/ZYAk3f40jf and your own Metamask wallet. You HODL the $CNR in your own wallet, they still yield more $CNS. It's a beautiful protocol.
Index
Use this index to find posts on specific topics relating to the Centric Protocol.
Category: Education
Adding the BNB Smart Chain to MetaMask
https://t.co/w5wzy1QApb
The Burn, Part 1 - Basic Example
https://t.co/0RETYZRuPP
Calculating the Annual Percentage Yield (APY)
https://t.co/El282NKQs1
The Centric Protocol - Project Summary
https://t.co/WFuArCzMeq
The Centric Protocol: The Why, How, and What
https://t.co/wVPP3ZkuJP
Facts - The Burn
https://t.co/QVXT4t25Kz
Facts - Centric Rise (CNR)
https://t.co/Thq2S1lflu
Facts - Centric Swap (CNS)
https://t.co/ajOzikDC6y
Facts - Swapping
https://t.co/Xq8hSLHQBH
Facts - The Yield
https://t.co/QMUddhlwhd
Category: Analysis
Analysis of the Third Bitcoin Halving
https://t.co/nXacdDuY3r
Passive Income for Life
https://t.co/KuSkF5KCBd
The "Staking" Ratio
https://t.co/x0WzI3lNg8
Category: Editorial
Fear and Greed
https://t.co/T55KecXqwO
A Global Currency
https://t.co/mqgy1NFCUZ
The Myth of Overnight Success
https://t.co/9MiAgDKfmq
A Timeless Dilemma
https://t.co/HU24JABnnk
You Have to Have Money to Make Money
https://t.co/0IcVNjYnvD
Category: Questions and Answers
Can I sell my yield without diminishing my future earning potential?
https://t.co/L7lXshvdI2
How do I convert CNS to CNR?
https://t.co/Afx8JTeqc8
How does the Centric Protocol mint (or create) CNS?
https://t.co/KXNn3qI3jE
What is the purpose of Centric Swap ("CNS")?
https://t.co/HTlk1QDtoC
Why does the protocol burn CNR?
https://t.co/QFzLL673al
Will the protocol ever burn all of the CNR in the initial supply?
https://t.co/PM6bFNFp1p
Will the protocol stop burning CNR once the price of CNS reaches 1.00 USD?
https://t.co/h9j6KXPBtl
@CentricRise $CNR $CNS
In my OPINION, any new INVESTOR who VENTURES across $CNS and researches the WHITEPAPER, WEBSITE and DUAL CURRENCY of $CNR will be very tempted to INVEST. UNIT BIAS always plays a BIG FACTOR too, you can GET A LOT of #Centricswap for very little 💰