Centrifuge CFG Price 0.83250287

What is Centrifuge?
Centrifuge is a financing protocol. It tries to lower the cost of capital for small and mid-size enterprises and provide investors with a stable source of income by connecting Defi with real-world assets.
Companies are using Centrifuge to get access to DeFi. They can tokenize real assets and use them as security to access financing through Tinlake.
The investors receive income and rewards with the help of Centrifuge. Assets such as invoices, real estate and royalties are linked with Defi.

Who are the originators of Centrifuge?
Lucas and Martin launched Centrifuge.
Lucas is the CEO of Centrifuge and is the founding engineer. In 2010 he co-founded DeinDeal. He started working on another startup after selling DeinDeal to Ringier. Vogelsang moved to Silicon Valley to join the technical manager.
Martin is the current COO of Centrifuge. He co-founded Taulia.

What makes Centrifuge unique?
The Centrifuge protocol tokenizes real-world assets. They are funded through Tinlake after that. The Centrifuge chain has the first DApp built on it.
Centrifuge has integration with other DeFi protocols. The feature allows Centrifuge users to get liquidity without slowdowns and protects DeFi protocols from destabilizing events.
Centrifuge has the highest total value locked. The project claims to be the first to launch a parachain on Polkadot.

There are pages related to this.
You can read about Aave.
You can learn more about DeFi.
What is Polkadot?
Find out how to keep your money safe.

How many Centrifuge Coins are in circulation?
The entire network is powered by the native token of the Centrifuge. Paying transaction fees and governance participation are some of the use cases for CFG. The token is used to reward the providers.
The total supply of the token is 27% to core contributors, 17.1% to total backers, 7.3% to rewards and grants, 9.5% to the community sale, and 11.8% to the foundation endowment.
The sale took place on May 26, 2021.

How is the Centrifuge network secured?
Users pay transaction fees in CFG token and transaction Aggregators on Polkadot receive a share of the fee for processing and storing data
Most of the security comes from the Polkadot relay chain.

Where can I buy Centrifuge?
The BitZ platform will be home to the trading of the CFG token in June 2021.
We have a detailed guide for you to read if you want to learn more.