What are centric rise and centric swap (CNS)?

The two tokens that power Centric’s dual-token model are called Centric Rise (CNR) and Centric Swap (CNS). CNR is traded at a fixed price and yields hourly growth, whereas CNS is similar to any regular cryptocurrency, and its price depends on the current demand. At any time, users can exchange Centric Rise for Centric Swap and vice-versa.

What is centric rise (CNR)?

Centric Rise is a deflationary cryptocurrency which offers predictable returns and acts as a robust form of value storage. It has an agreed nominal rate of return set one year in advance. The price of CNR is published to immutable price blocks on the blockchain one-year in advance.

Is centric rise a stablecoin?

Centric Rise is neither a fully free-traded token nor does it meet the standard definition of a stablecoin. The nominal value of Centric is steady, yet it also experiences “effective” price fluctuations thanks to its freely traded ecosystem token, Centric Swap (CNS).

Is centric a good investment?

The nominal value of Centric is steady, yet it also experiences “effective” price fluctuations thanks to its freely traded ecosystem token, Centric Swap (CNS). Predicted price progression and the ecosystem of applications that rely on Centric Rise as their currency guarantee Centric its nominal value.