WHAT IS CENTUS?
Seigniorage style Stable Cent (CENTUS) is a stablecoin that implements an algorithmically governed approach to expanding and contracting a stablecoin’s money supply.
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. More about how it works…
TOTAL CENTUS SUPPLY: 100,000,000 CENTUS
CURRENTLY IN CIRCULATION: 93,724,040.8 CENTUS
CENTUS CURRENT MARKET CAP ≈ $ 937,240.408
Passive income through compounding interest paid twice a week.
CENTUS Stable Cent holders receive dividends (seigniorage) from CENTUS purchases of new participants.
Seigniorage rate is floating and determined by the CENTUS community.