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Board Marketplace (Altcoins)
Re: CENTUS is a new stablecoin on the Stellar blockchain
by
Nika@2020
on 05/02/2021, 17:21:17 UTC
     At the current time, there is a rapid development of the Centus token. The capitalization of the project today is $ 5,354,833 Stable Cent CENTUS is an algorithmic stable digital currency on the Stellar blockchain. The number of Stable Cent in circulation increases or decreases according to a given algorithm depending on the market demand.

100 CENTUS ? 1 USD

     By providing participants with the ability to buy and sell CENTUS, the smart contract acts as a market maker. To buy CENTUS, members transfer funds to the smart contract address, where they are stored as a variable reserve. The main purpose of the CENTUS reserve is to provide participants with the opportunity to sell their CENTUS tokens at any time; the contract is purchased by CENTUS using funds from the reserve.
Twice a week, a smart contract prints new CENTUS and distributes them proportionally among the existing CENTUS owners, taking into account market demand.
     As a result, the owners of CENTUS receive income - seigniorage.
     The CENTUS currency includes a liquidity mechanism designed to mitigate the impact of market forces when they cause volatility in the value of CENTUS. The CENTUS smart contract offers an ongoing sale of new CENTUS tokens at a price close to $ 0.01. Conversely, the contract offers to redeem and destroy CENTUS tokens at a price close to $ 0.01.The smart contract allows for a spread within which speculative participants can earn profits by maintaining the peg of the coin.
     Thus, the supply of CENTUS tokens is determined by demand: tokens are issued or withdrawn from circulation depending on the market. In addition, the CENTUS value is between the purchase price and the offer price. Within the range defined by the CENTUS smart contract, transactions can be made in secondary markets without involving a smart contract.
Income from the issuance of new CENTUS tokens is fully held in reserve. The reserve is created exclusively through the sale of CENTUS tokens, and its sole purpose is to enable the CENTUS smart contract to redeem tokens when needed. The costs of maintaining the reserve are taken from the reserve itself.

     The US Dollar Bill (USD) is an unconditional monetary commitment, and the payment order and commitment to payment cannot be limited by any conditions.
     US Dollar Bill (USD) is payable to bearer.
     Payable to bearer means payment to the holder or bearer. When the US Dollar Bill (USD) is payable to bearer, it means that whoever has the US Dollar Bill (USD) can receive the payment due.
     The US Dollar Bill (USD) is a bill of exchange (BILLEX) denominated one-to-one against the United States dollar.

     1 US Dollar Bill = 1 US Dollar

     US Dollar Bill (USD) can be used not only for instant transactions between users, but also for generating income during storage.
     Every transaction brings you income!
You receive CENTUS Stable Cent when you store, send or trade the US Dollar Bill (USD).
https://billex.club/ru/usd/


     ? CENTUS PROTOCOL ?
     We found that CENTUS will maintain its peg in the long term if the token supply adjusts as the token price changes. How does the CENTUS protocol measure the price of a token? How does this regulate the offer?
The answers to these questions can be found in the CENTUS protocol specification below. For a better understanding, the protocol can be considered to have all the technical properties of a traditional cryptocurrency such as Bitcoin (BTC) and the following additional functions:
     ? The protocol defines the target asset for stabilization. For CENTUS, it's a US cent. The protocol then determines the target rate of CENTUS to the target asset - USD 0.01 per 1 CENTUS.
     ? Smart contract monitors exchange rates to measure prices. The smart contract receives the source of the CENTUS-USD exchange rate through the oracle system. This can be done in a decentralized way, which we will discuss later.
     ? Smart contract increases or decreases the supply of CENTUS tokens in response to exchange rate deviations from the peg.
     ? The smart contract distributes seigniorage among all existing CENTUS owners during periods of increasing supply.
     ? If CENTUS is traded for more than $ 0.01, the smart contract creates and distributes new CENTUS through seigniorage. These CENTUS are determined by the established protocol priority for the owners of BILLEX tokens and DBC tokens.
     ? If CENTUS is traded for less than $ 0.01, the smart contract creates and sells BILLEX tokens in an open auction to withdraw the coins from circulation. BILLEX tokens cost less than 1 CENTUS and they can be redeemed for exactly 1 CENTUS when CENTUS is created to increase the supply. This encourages CENTUS holders to participate in the sale of BILLEX and thereby reduce the CENTUS offer in exchange for the potential future payment of BILLEX tokens.



     Debit Coin (DBC) are special tokens intended for the development of a project at the initial stage and further management of it. The number of DBC tokens is equal to 1 billion, their number can be increased only by a general decision of the DBC holders by voting by simple majority.
     DBC tokens are not tied to anything, and their value derives from their dividend policy (seigniorage policy) and exchange rate in relation to CENTUS.
     When the demand for CENTUS grows and the smart contract creates new CENTUS to meet the demand, DBC holders will also receive these newly created CENTUS in proportion to ownership, but only if all BILLEX tokens are redeemed and CENTUS holders received them too. The higher the capitalization of CENTUS, the higher the seigniorage for DBC owners.
     DBC holders will be able to receive their seigniorage only after the capitalization of CENTUS reaches at least 10 million. After that, as the system grows and the number of CENTUS in circulation increases, the seigniorage amount for DBC holders will gradually increase from 10% to 50% of the total accrued seigniorage amount.
     DBC can always be exchanged for CENTUS at the current exchange rate. The higher the DBC rate, the more CENTUS you can get (the limit is a maximum of 500 CENTUS). DBCs can be exchanged only once, when exchanged, they are removed from circulation and burned.
Thus, DBC owners bear the highest risks. This can be compared to owning common stock in a company, while CENTUS is more like a preferred one with guaranteed seignorage, but no voting rights or over-dividends.



     EARN SERIOUSLY: up to 75% seignorage from partners of the first level and up to 10% of the second! Dear participants,
CENTUS announces the launch of a new promotion, under which you can earn up to 75% of the profits of partners of the first level and up to 10% of the second!
     The promotion applies to members who have at least 10,000 CENTUS on their junior partners' accounts, provided that they bought them through centus.site and centus.exchange exchangers, from VISA / MC cards or cryptocurrency on the centus.one website, regardless of the date of purchase.
Main conditions of the promotion:
- when buying from 10,000 CENTUS, senior partners receive respectively 30 and 6%;
- from 50,000 CENTUS - 40 and 7%;
- from 100,000 CENTUS - 50 and 8%;
- from 500,000 CENTUS - 60 and 9%;
- from 1,000,000 CENTUS - 75 and 10%;
deductions from the profits of partners of the 1st and 2nd lines for purchases up to 10,000 CENTUS will continue to be 20 and 5%.
     Senior partners who receive royalties on previous purchases of their junior partners at the regular rates of 20% and 5% will continue to receive royalties at the same rates.
     In addition, all senior partners with a total of 1,000,000 CENTUS and more are deposited on the Stellar wallets of the partner network, plus 20% to the rate for the 1st level and plus 5% for the second as an incentive bonus.
     The end of the promotion will be announced later.
Good luck and high seigniorage to everyone!
https://vk.com/@stablecent-zarabotaite-serezno-do-75-senorazha-ot-partnerov-pervogo-uro



   Information on Centus Stable Cent Useful links: ??- Huh?
-Terms of participation in the project:
https://centus.one/ru/terms-and-conditions/ ??! ?

-Warning about cryptocurrency risks:
https://centus.one/ru/cryptocurrency-risk-disclosure/! ?

- IMPORTANT: Bonus for purchase
https://vk.com/@stablecent-vazhno-bonus-za-pokupku

   ??- Promotion for the affiliate program:
https://vk.com/@stablecent-zarabotaite-serezno-do-75-senorazha-ot-partnerov-pervogo-uro


??-Support: support@centus.one
??- Exchanger support: exchange@centus.one
??- Centus exchanger: https://centus.site/ (Here we change the invite bonuses, account verification is required)
??- Exchanger: https://www.centus.exchange/ (currency input and output, instant)
??- 2P2 Exchange telegram chat https://t.me/P2P_CENTUS_Exchange
??- Buy Centus without commission https://centus.one/ru/buy-and-sell/ (bank cards, EPS, cryptocurrencies)
??- BONUS FOR PURCHASE https://centus.one/en/bonus-tokens/
??-Here is information on the created deposits: https://centus.fund/ru/cloud-fund-info/
??-How to get an interest-free USD loan in the amount of 100% when buying CENTUS and earn daily up to 0.3%
https://vk.com/@stablecent-kak-poluchit-besprocentnyi-usd-zaim-v-razmere-100-pri-pokupk

??- Centus Stable Cent White Paper: https://vk.com/@stablecent-centus-belaya-kniga
??- Join the Telegram News Chat https://t.me/coinger_im Centus NEWS not to miss the news. ! ?
-IMPORTANT Update! Get CENTUS for your screenshot of the exchange: https://t.me/stablecent_chat_ru/134004! ?
- New bounty program conditions from 01/15/2021 https://vk.com/@stablecent-novye-usloviya-baunti-programmy-s-15012021

! ?- New site-beta version: app.centus.one! ?
- For those who participate in testing the site app.centus.one
-request to inform the developers of all the shortcomings that you notice in the work of the system by email of the technical department
- tech @ centus. one or telegram @centus_dev -?
- Step-by-step instructions for beginners:
https://docs.google.com/document/d/1k9HT0iA8LgSp_AHZj190JWv_6EtYYG9g0UiZAdAYdvM/edit?usp=sharing

Post
Topic
Board Marketplace (Altcoins)
CENTUS is a new stablecoin on the Stellar blockchain
by
Nika@2020
on 05/02/2021, 16:40:14 UTC
     Centus tokens are a stable cryptocurrency on the Stellar blockchain, which is always equal to one cent of the US dollar, 1CENTUS = 0.01 $ The number of tokens in circulation varies depending on supply and demand. When network participants buy and sell Centus tokens, a smart contract regulates their circulation on the network.

     To buy Centus tokens, members transfer funds to the smart contract address, where they are stored as a reserve. The reserve provides participants with the opportunity to sell Centus tokens at any time, and the smart contract buys them using the reserve. As soon as new participants buy Centus, the smart contract issues new tokens and distributes them proportionally among existing Centus holders, taking into account market demand.

     Now let's get down to the details. The first step is to register on the official website centus.one and after registering in the profile, enter the address of your Stellar wallet. At the next step, you need to install one of the wallets of the Stellar cryptocurrency, it can be:
     The official CENTUS wallet - app.centus.one 1️⃣ Interstellar:
1) Interstellar (пpилoжeниe)
2) interstellar.exchange (caйт)

2️⃣ Stellarterm
3️⃣ Stellarport
4️⃣ StellarX
5️⃣ Lobstr
6️⃣ Solar
7️⃣ Scopuly

     The next step is to activate the selected wallet. To activate the main wallet address, you need to transfer a small amount of Stellar cryptocurrency, from 7 to 10 coins will be enough. Why is this necessary? While working with the wallet, you need to add Centus tokens, and accordingly, in the settings, when adding, set trust to the token.
     Therefore, during this operation, a small portion of the Stellar coins are frozen. Also, a decentralized internal exchange (DEX) is built into Stellar wallets, which allows you to buy, change and sell CENTUS tokens paired with XLM, ETH, LTC, XRP, BTC and others. Accordingly, in the process of performing such trading operations, you will also need a permanent positive balance of the Stellar cryptocurrency.
     Official telegram chat:
https://t.me/stablecent_chat