Centrifuge

20 Staking Interest
Project Details

Ticker:

CFG


Category:

DeFi


Description:

A global trade protocol for asset originators including lending platforms, payment companies, banks, and embedded software solutions. Tinlake’s set of smart contracts pool NFTs that represent non-fungible real-world assets and use them as collateral to finance an asset in a stable cryptocurrency such as DAI or USDC.


Profile Completion:
(% of auctions metrics completed)

0 %


Ecosystem

Website Link:




Discord Link:

Not applicable




Auction Token Metrics

PCL Token Allocation:
(% of total supply allocated for crowdloan)

To be determined


Circulating Supply:
(at time of parachain launch)

To be determined


Total Supply:

1,000,000,000


Listed Price:

To be determined


Auction Reward:
(No. of tokens allocated for parachain crowdloan)

To be determined


Reward Vesting Schedule:
(months)

To be determined


Initial Reward Release:
(at time of parachain launch)

To be determined


Initial Reward/ Circ.Supply:
(initial reward release as % of circulating supply)

To be determined


Leasing Period:
(months)

To be determined


PCL Reward Details:

Participants will be rewarded in RAD tokens


Token Distribution

Token Distribution:

Distribution of Genesis tokens (400 million RAD):
48.8% - Team and investors (195,200,000 RAD)
48.8% - Foundation (195,200,000 RAD)
2.4% - Validators, worklock and rewards (9,600,000 RAD)

20 million tokens have subsequently been minted as rewards for adoption


Private Sale Blended Price:

To be determined


Private Sale Detail:

Venture round amount raised (2019): $3,700,000
Venture round amount raised (2018): $3,800,000


Sub-Ecosystem

Ecosystem Partnerships:

3


Ecosystem Partnerships Detail:


Landscape

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