Centrifuge describes the difference between TIN and DROP as the difference between junior and senior tranche investments seen in traditional finance. Accrued interest in TIN or DROP can be redeemed at any time for DAI when an investor wants to remove their liquidity .
Read moreHow do you buy crypto injections?
Injective (INJ) can be purchased on a cryptocurrency exchange.
Read moreWhat is Centrifuge crypto?
Centrifuge is a blockchain for tokenization of real-world fixed-income assets, such as invoices, royalties, and mortgages . The blockchain is built on Polkadot and connects to Ethereum via a bridge.
Read moreHow many Centrifuge tokens are there?
Tokenomics. The Centrifuge token (CFG) is the native token of the Centrifuge blockchain living on Polkadot with a wrapped version on Ethereum. The token is a governance token that is also used for staking and paying transaction fees. There is a total of 425M CFG tokens distributed to stakeholders as shown below.
Read moreWhat is wrapped Centrifuge WCFG?
Wrapped Centrifuge (WCFG) is an Ethereum token that’s intended to represent Centrifuge (CFG) on the Ethereum blockchain . WCFG is not CFG, but rather a separate ERC-20 token that’s designed to track CFG’s price.
Read moreDoes Centrifuge have a token?
Centrifuge is powered by the Centrifuge token (CFG) , which provides security to the blockchain while allowing holders to pay transaction fees, stake assets, and participate in Centrifuge’s governance.
Read moreWhat is Centrifuge blockchain?
The underlying Centrifuge blockchain architecture is called Centrifuge Chain. It is a Proof-of-Stake (PoS) blockchain built on Parity Substrate – a platform that allows users to create semi-autonomous distributed blockchain systems on Polkadot (DOT) and Kusama.
Read more