What is Centric Rise (CNR) | What is CNR token | Centric Rise (CNR) ICO

Centric is the world’s first dual-cryptocurrency payment network. The Centric Rise token rewards users with a steady increase in value each hour.

We believe the largest obstacle to the mass adoption of cryptocurrencies is price volatility. Cryptocurrencies, unlike fiat currencies, do not have a central bank to implement monetary policy focused on stabilizing purchasing power. Thus, changes in demand induce massive price fluctuations. The decentralized model to price discovery has made the majority of existing cryptocurrencies nothing more than stocks or commodities, valued on psychology, traded on unregulated stock markets, and susceptible to manipulation. The lack of price stability has prevented credit and debt markets from forming because volatility incurs a premium. While the rest of the industry focuses on transaction throughput and smart contracts, we focus on solving price stability to realize the economic capabilities that the blockchain enables

In this paper, we introduce Centric Rise, a cryptocurrency with low-volatility, and predictable returns.

Each unit of Centric Rise is pegged to trade for a predetermined and increasing value over time, denominated in USD. This model is similar to the monetary policy executed by central banks, except as a protocol-enforced algorithm, with economy experts initially acting as oracles to the blockchain and transparently setting the price a year in advance. For this reason, in the near term, Centric can be understood as implementing a transparent central bank with predictable price growth.

Centric Rise is a new class of digital currency that does not match with existing coins or stablecoins. It is not a fully free-traded token, and it does not meet the standard definition of a stablecoin, either. Centric’s nominal value is steady but does experience “effective” price fluctuations due to its freely traded ecosystem token, Centric Cash (CNS). The nominal value is supported through its predicted price progression as well as the ecosystem of applications that use Centric Rise as their currency. Through these methods, Centric Rise addresses the volatility and price fluctuations experienced by first-generation virtual currencies such as Bitcoin and Ethereum, without being dependent on an underlying asset such as the USD or gold. By eliminating the dependency on the stability of other assets, Centric Rise is markedly different from any other digital asset that has so far been launched.

To provide liquidity on the free market in the early stages, Centric Rise has issued a freely traded token known as Centric Cash. Centric Cash is a low-volatility, zero-sum cryptocurrency, created and destroyed on-demand to facilitate the liquidity of Centric Rise. Users may obtain Centric Cash by buying it from licensed brokers, exchanges, or by converting Centric Rise to Centric Cash using the decentralized and immutable Centric convert protocol. Centric Cash is pegged to 1.00 USD worth of Centric Rise on the convert protocol but is not backed by any assets, setting it apart from stablecoins.

Centric Rise is designed for individuals, businesses, and governments who want to use a manipulation proof currency that is not speculative. The design of Centric Rise is catered to mass adoption, ease of use and limitless application. Partnerships, apps, and utilities will increase value, transaction volume, and utility. Through application, integration, and partnerships, market demand will increase organically.

Centric Rise

It’s important to understand that the Centric protocol acts predictably and in a manner that is not directly correlated to any other asset. The monthly nominal rate of return is the primary lever for monetary policy across the network and dictates Centric’s hourly price increases. It is calculated differently across two phases of the project. Initially, the monetary policy is predetermined and formally written to the blockchain one year into the future, each hour when a price block is used. Later on, after amassing enough trust and network value for the currency to self-stabilize, we will decentralize the oracle and peg the token to its absolute value. The absolute value of the token will be algorithmically determined using a methodology similar to the Fisher Effect equation, but uniquely modified to incorporate the effects of deflationary mechanisms. These were not needed previously because there were no solutions to verifiably deflating a currency.

Protocol Overview

The Centric Protocol is governed by the Centric Rise smart contract. The Centric Protocol cannot be updated once deployed.

Tokens

CNR are TRC20 standard tokens implemented on the TRON blockchain.

Symbol:CNR

Name Centric: Rise

Supply: 1,000,000,000 (1 billion)

Decimals: 8

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What is Centric Rise (CNR) | What is CNR token | Centric Rise (CNR) ICO

What is Centric Rise (CNR) | What is CNR token | Centric Rise (CNR) ICO

Centric is the world’s first dual-cryptocurrency payment network. The Centric Rise token rewards users with a steady increase in value each hour.

We believe the largest obstacle to the mass adoption of cryptocurrencies is price volatility. Cryptocurrencies, unlike fiat currencies, do not have a central bank to implement monetary policy focused on stabilizing purchasing power. Thus, changes in demand induce massive price fluctuations. The decentralized model to price discovery has made the majority of existing cryptocurrencies nothing more than stocks or commodities, valued on psychology, traded on unregulated stock markets, and susceptible to manipulation. The lack of price stability has prevented credit and debt markets from forming because volatility incurs a premium. While the rest of the industry focuses on transaction throughput and smart contracts, we focus on solving price stability to realize the economic capabilities that the blockchain enables

In this paper, we introduce Centric Rise, a cryptocurrency with low-volatility, and predictable returns.

Each unit of Centric Rise is pegged to trade for a predetermined and increasing value over time, denominated in USD. This model is similar to the monetary policy executed by central banks, except as a protocol-enforced algorithm, with economy experts initially acting as oracles to the blockchain and transparently setting the price a year in advance. For this reason, in the near term, Centric can be understood as implementing a transparent central bank with predictable price growth.

Centric Rise is a new class of digital currency that does not match with existing coins or stablecoins. It is not a fully free-traded token, and it does not meet the standard definition of a stablecoin, either. Centric’s nominal value is steady but does experience “effective” price fluctuations due to its freely traded ecosystem token, Centric Cash (CNS). The nominal value is supported through its predicted price progression as well as the ecosystem of applications that use Centric Rise as their currency. Through these methods, Centric Rise addresses the volatility and price fluctuations experienced by first-generation virtual currencies such as Bitcoin and Ethereum, without being dependent on an underlying asset such as the USD or gold. By eliminating the dependency on the stability of other assets, Centric Rise is markedly different from any other digital asset that has so far been launched.

To provide liquidity on the free market in the early stages, Centric Rise has issued a freely traded token known as Centric Cash. Centric Cash is a low-volatility, zero-sum cryptocurrency, created and destroyed on-demand to facilitate the liquidity of Centric Rise. Users may obtain Centric Cash by buying it from licensed brokers, exchanges, or by converting Centric Rise to Centric Cash using the decentralized and immutable Centric convert protocol. Centric Cash is pegged to 1.00 USD worth of Centric Rise on the convert protocol but is not backed by any assets, setting it apart from stablecoins.

Centric Rise is designed for individuals, businesses, and governments who want to use a manipulation proof currency that is not speculative. The design of Centric Rise is catered to mass adoption, ease of use and limitless application. Partnerships, apps, and utilities will increase value, transaction volume, and utility. Through application, integration, and partnerships, market demand will increase organically.

Centric Rise

It’s important to understand that the Centric protocol acts predictably and in a manner that is not directly correlated to any other asset. The monthly nominal rate of return is the primary lever for monetary policy across the network and dictates Centric’s hourly price increases. It is calculated differently across two phases of the project. Initially, the monetary policy is predetermined and formally written to the blockchain one year into the future, each hour when a price block is used. Later on, after amassing enough trust and network value for the currency to self-stabilize, we will decentralize the oracle and peg the token to its absolute value. The absolute value of the token will be algorithmically determined using a methodology similar to the Fisher Effect equation, but uniquely modified to incorporate the effects of deflationary mechanisms. These were not needed previously because there were no solutions to verifiably deflating a currency.

Protocol Overview

The Centric Protocol is governed by the Centric Rise smart contract. The Centric Protocol cannot be updated once deployed.

Tokens

CNR are TRC20 standard tokens implemented on the TRON blockchain.

Symbol:CNR

Name Centric: Rise

Supply: 1,000,000,000 (1 billion)

Decimals: 8

Would you like to earn many cryptocurrencies right now! ☞ CLICK HERE

Visit ICO Website ☞ CLICK HERE

Looking for more information…

Website
Whitepaper
Social Channel
Message Board

Create an Account and Trade Cryptocurrency NOW

Bittrex
Poloniex
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#blockchain #bitcoin #crypto #centric rise #cnr

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SafeMoon is a decentralized finance (DeFi) token. This token consists of RFI tokenomics and auto-liquidity generating protocol. A DeFi token like SafeMoon has reached the mainstream standards under the Binance Smart Chain. Its success and popularity have been immense, thus, making the majority of the business firms adopt this style of cryptocurrency as an alternative.

A DeFi token like SafeMoon is almost similar to the other crypto-token, but the only difference being that it charges a 10% transaction fee from the users who sell their tokens, in which 5% of the fee is distributed to the remaining SafeMoon owners. This feature rewards the owners for holding onto their tokens.

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What is Rise Protocol (RISE) | What is Rise Protocol token | What is RISE token

The world’s most advanced synthetic rebase token, Rise Protocol combines revolutionary tokenomics and features with the best and latest decentralized finance (DeFi) technology. Smart contract has already passed audits by CTDSec (professional auditing firm) and Shappy from WarOnRugs.

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KEY FEATURES:

  • Rebase token. If price of RISE is above peg price at 20:00 UTC, supply of RISE will increase and everyone will automatically receive additional RISE tokens into their wallet. If the price of RISE is 5% below the peg price for 3 consecutive days at 20:00 UTC, supply of RISE will decrease.
  • Dynamic peg. Initially pegged to 0.01 ETH, RISE has the revolutionary ability to peg to any asset, class of assets, or calculated metric in the future based on investor/market sentiment.
  • Frictionless yield. A portion of each and every transaction is instantly distributed to all holders.
  • **Auto-liquidity generation. **A portion of each and every transaction is permanently locked into liquidity.
  • Auto-distribution of liquidity provider rewards. A portion of each and every transaction is automatically distributed to liquidity providers.
  • **“Supermassive Black Hole”. **Publicly viewable burn address that accrues RISE through several mechanisms, scaling exponentially over time to provide incredibly powerful deflationary effects.

“Sustainable, Adaptable, Fair, and Secure”: these are the four tenets that Rise Protocol was built upon. Every aspect of the token, presale, smart contract, etc. was created with these core values in mind.

**Many other DeFi projects sacrifice one or more of these values, **which creates scenarios like ridiculously unfair advantages for early private investors, or generating short lived and temporary hype, or creating a rigid contract that has no ability to adapt or change to the ever evolving crypto market, or a contract that is subject to exploits.

How does Rise address these issues in DeFi?

Sustainable:

  1. Powerful and unique “Supermassive Black Hole” deflationary concept that accrues and burns tokens through various different methods. Effects scale exponentially over time.
  2. Auto-liquidity generation that permanently locks a portion of each transaction into liquidity, creating an ever increasing sell floor.
  3. Initial rebase lag of 5. This means that if the price of RISE at time of rebase is 100% over the target price, we will receive a rebase for 20% (100% divided by 5).
  4. “Supply adjustment” that will increase the price of RISE, but decrease the supply if the market price is below 5% of target price for 3 consecutive days during the rebase time.

Adaptable:

  1. Rise has the revolutionary ability to peg to any asset, calculated metric, or asset class. Initially pegged to Ethereum for its importance in DeFi and for ease of understanding, this peg can be altered in the future through governance based on investor/market sentiment.
  2. The smart contract was coded so that every parameter can be adjusted in the future through governance. Things like sales tax, transaction tax, burn percentage, liquidity provider rewards, rebase lag, etc. all have the ability to be adjusted. This gives RISE the ability to constantly adapt and change based on market conditions.

Fair:

  1. Presale price will be 0.01 ETH, same as the Uniswap launch price.
  2. Seed investors acquired Rise at 10% below launch price. However, 80% will be vested over the course of 1 month.
  3. Unique smart contract feature allows us to enable Uniswap trading after liquidity has been added and presale tokens distributed. This will give everyone a fair playing ground once trading begins.
  4. Maximum transaction size of 500 Rise for the first hour after Uniswap trading is enabled, preventing bot sniping and creating a fair environment for regular traders/investors.
  5. Buy and sell tax helps prevent coordinated price manipulation. A portion of this tax is distributed instantly through frictionless yield to all holders based on holdings.

Secure:

  1. The Rise contract has passed audits by CTDSec (a professional smart contract auditing firm) and by Shappy from WarOnRugs (highly respected owner of a community aimed at preventing rug pulls and scams in the crypto-sphere).
  2. No need to transfer your tokens to a staking contract address in order to earn rewards! Frictionless yield allows you to hold your tokens in your own wallet for utmost security. You can watch as your balance grows with each and every transaction.
  3. If you choose to provide liquidity, you will be rewarded through auto-distribution of liquidity rewards. Again, no need to send your LP tokens to a separate staking contract, simply hold your LP tokens in your own wallet and watch as their value increase over time.
  4. Initial team provided liquidity will be locked before Uniswap trading is enabled.

What is the problem Rise Protocol is solving?

Other rebase tokens have a static peg that can never be altered, meaning as market and investor sentiments change, they fail to adapt with it. Rise protocol solves this design flaw with our adaptable and dynamic peg. This allows for flexibility and adaptability never seen before in rebase tokens.

Rise is unique and can be pegged to any asset. Our initial peg will be set to 0.01 ETH. It also uses “lag” which controls the rebase amounts as to not over inflate or deflate our supply. If the lag is 5 and we’re due for a 100% rebase it is divided by 5 giving a 20% rebase. This ensures sustainability of the project coupled with its other deflationary mechanisms. The lag can be adjusted depending on market conditions.

Why does the market need Rise Protocol?

Rise Protocol is the worlds most advanced rebase token that through governance can be adapted and dynamically pegged to any asset class depending on investor and market sentiment, allowing for a level of flexibility and adaptability never seen before in any rebase token.

A daily rebase occurs if the token price is above peg, meaning holders will automatically receive more tokens in their wallets. There are powerful deflationary mechanisms in place to maintain the value of Rise to it’s peg, but if after 3 days of no positive rebases, and not being within 5% of peg, then a supply adjustment occurs to automatically bring the price back to peg.

Frictionless yield technology is also embedded within the Rise Protocol, which means that just by holding the Rise token in your wallet, holders will receive extra tokens as a percentage of every buy and sell transaction is distributed back to the holders.

This combination of technology does not exist anywhere else in the whole of the Cryptoverse.

How does Rise Protocol work?

Rise Protocol runs on the Ethereum network, the worlds most popular Decentralized platform.

With a plethora of advanced technologies, such as frictionless yield, a dynamic and adaptable peg, powerful deflationary mechanisms, and auto-liquidity generation make the Rise Protocol the most advanced rebase token in the world.

A percentage of each buy and sell transaction is automatically distributed to all the holders meaning extra tokens for doing absolutely nothing, except holding the token in your wallet.

What are Rise Protocol key advantages?

Rise Protocol has the unique ability to peg to any asset class or combination of assets. Other rebase tokens have a static peg that can never be altered, meaning as market and investor sentiments change, they fail to adapt with it. Rise protocol solves this design flaw with our adaptable peg.

Unlike any other rebase token around, Rise also incorporates frictionless yield generation to reward holders, auto-liquidity generation and auto-reward distribution for liquidity providers.

Other rebase tokens will remove tokens on a daily basis from your wallet if the token price is below peg. Rise Protocol has powerful deflationary mechanisms that increase in effect over time. If a positive rebase is not achieved 3 days in a row then a supply adjustment occurs to bring the price of Rise back to peg.

What is Rise Protocol fee structure?

There is a 7% fee on all sales. This is broken down into the following :

3% sent to the black hole, burnt and destroyed forever.
1.5% permanently locked into liquidity.
1.5% automatically distributed to liquidity providers.
1% distributed automatically via frictionless yield to all holders.
There is a 3 % fee on all purchases. This is broken down into the following :

1% sent to the black hole, burnt and destroyed forever.
0.5% permanently locked into liquidity.
0.5% automatically distributed to liquidity providers.
1% distributed automatically via frictionless yield to all holders.

TOKEN DISTRIBUTION:

Initial total supply — 100,000 RISE

Presale — 37,500 RISE

Initial Uniswap Liquidity — 30,000 RISE

Seed investors (vested over 1 month) — 25,000 RISE

Team funds (vested over 2 months) — 5,000 RISE

Development & Marketing — 2,500 RISE

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