Centus Airdrop

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Centus Airdrop

Centus Airdrop

Payments

Seigniorage style Stable Cent (CENTUS) is a stablecoin that implements an algorithmically governed approach to expanding and contracting a stablecoin’s money supply. 100 US Stable Cent (CENTUS) ≈ 1 US Dollar Bill (USD).

By allowing participants to buy and sell CENTUS, smart contract acts as a market maker. To buy CENTUS tokens, participants send funds to Smart Contract, where they are kept as a variable reserve. The primary purpose of CENTUS reserve is to ensure participants ability to sell CENTUS; the contract will always offer to buy CENTUS, drawing on funds from the reserve.

Twice a week, as soon as new participants buy CENTUS, the smart contract mints new CENTUS and distributes them among existing CENTUS holders on a pro rata basis depending on market demand.

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Ticker: CENTUS
Token type: Stellar Blockchain
Whitelist: Yes
Know Your Customer (KYC): No

SHORT REVIEW

Registered Company: CLOUD INVEST Ltd, A UK registered Company (No. 11561352)

Step by Step

Note: You need to open the trust line for BONUS and CENTUS in your wallet and update your Stellar wallet in your Centus profile. You can watch this YouTube video about how to open trust line.





0 Years, 0 Months, 19 Days and 15 Hours
1000 CENTUS ($10)
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