Centrifuge
CFG
#195
Centrifuge (CFG) is a token network providing access to fast and cheap capital for small businesses and stable returns for investors.
News about Centrifuge
CentrifugeCFG #195
08 Dec 2022, 19:55
1/ Let's talk about asset-backed vs. unsecured loans ๐ก
An asset-backed loan is a loan supported by specific real-world assets.
Unsecured loans have no collateral. The interest rate is usually higher to account for this extra risk.
Loans on Centrifuge are asset-backed!
1/ Let's talk about asset-backed vs. unsecured loans. An asset-backed loan is a loan supported by specific real-world assets.1/ Let's talk about asset-backed vs. unsecured loans ๐ก
An asset-backed loan is a loan supported by specific real-world assets.
Unsecured loans have no collateral. The interest rate is usually higher to account for this extra risk.
Loans on Centrifuge are asset-backed!
CentrifugeCFG #195
06 Dec 2022, 19:36
Our friends at @rwa_xyz just released their analytics dashboard covering the Real-World Asset ecosystem โ including Centrifuge!
Sustainable, diversified yields with real-world utility and impact are the next step for DeFi. See it in action here. ๐ โฌ๏ธ
1/ Introducing @rwa_xyz - Analytics on real-world assets.
In order for DeFi to fulfill its original mission of building a transparent, efficient financial system, real-world assets must be brought on-chain.
๐งต on RWAs and how we help investors allocate to them:
Our friends at @rwa_xyz just released their analytics dashboard covering the Real-World Asset ecosystem โ including Centrifuge.Our friends at @rwa_xyz just released their analytics dashboard covering the Real-World Asset ecosystem โ including Centrifuge!
Sustainable, diversified yields with real-world utility and impact are the next step for DeFi. See it in action here. ๐ โฌ๏ธ
https://t.co/cjh46sJaFL
1/ Introducing @rwa_xyz - Analytics on real-world assets.
In order for DeFi to fulfill its original mission of building a transparent, efficient financial system, real-world assets must be brought on-chain.
๐งต on RWAs and how we help investors allocate to them: https://t.co/MAWALv3lN1
CentrifugeCFG #195
05 Dec 2022, 21:56
Here's @VitalikButerin discussing real-world assets (RWA) in his latest post.
Alongside @MakerDAO, we've been buildingโboth on- and off-chainโto make RWA-backed stablecoins a reality (we were the first to back DAI with RWA!).
Will 2023 be the year of RWA for DeFi?
Here's @VitalikButerin discussing real-world assets (RWA) in his latest post.Here's @VitalikButerin discussing real-world assets (RWA) in his latest post.
Alongside @MakerDAO, we've been buildingโboth on- and off-chainโto make RWA-backed stablecoins a reality (we were the first to back DAI with RWA!).
Will 2023 be the year of RWA for DeFi? https://t.co/AxFtu9zBpl
CentrifugeCFG #195
02 Dec 2022, 19:15
RT @FinTech_Khan: I think @centrifuge can be a foundational GHO facilitator for @AaveAave. Stable yield, steady volumes, DAO2DAO collaboratโฆ
RT @FinTech_Khan: I think @centrifuge can be a foundational GHO facilitator for @AaveAave.RT @FinTech_Khan: I think @centrifuge can be a foundational GHO facilitator for @AaveAave. Stable yield, steady volumes, DAO2DAO collaboratโฆ
CentrifugeCFG #195
11 Mar 2022, 09:18
Centrifuge Parachain Launch Process ๐๐ฅ
๐งพ TLDR:
Migration is as quick as possible
Remove opportunities for security risks
Ensure enough time to monitor stability
Note that with the proposed approach we will be able to enable transfers 2-3 days after the state migration is done.
๐ Timeline
1. Monitor Stability [March 11 - March 28]
Since the moment the shell is on-boarded onto Polkadot, stability of the chain will be monitored & tested until the migration process begins.
2. Bootstrap Council [expected before March 28]
3. State Migration [expected the week of March 28]
This is the crucial step, and involves:
Halting the Centrifuge <> Ethereum bridge
Disabling transfers on standalone PoS chain
Take Snapshot and execute migration of data with Sudo
4. Remove Sudo + Enable All Calls [after at least a 48h period of stability]
5. Enable Crowdloan Claiming [immediately after sudo removal]
6. Implement Collator Strategy
๐ More info from Cassidy here ๐๐
Centrifuge Parachain Launch Process. TLDR:. Migration is as quick as possible. Remove opportunities for security risks.Centrifuge Parachain Launch Process ๐๐ฅ
๐งพ TLDR:
Migration is as quick as possible
Remove opportunities for security risks
Ensure enough time to monitor stability
Note that with the proposed approach we will be able to enable transfers 2-3 days after the state migration is done.
๐ Timeline
1. Monitor Stability [March 11 - March 28]
Since the moment the shell is on-boarded onto Polkadot, stability of the chain will be monitored & tested until the migration process begins.
2. Bootstrap Council [expected before March 28]
3. State Migration [expected the week of March 28]
This is the crucial step, and involves:
Halting the Centrifuge <> Ethereum bridge
Disabling transfers on standalone PoS chain
Take Snapshot and execute migration of data with Sudo
4. Remove Sudo + Enable All Calls [after at least a 48h period of stability]
5. Enable Crowdloan Claiming [immediately after sudo removal]
6. Implement Collator Strategy
๐ More info from Cassidy here ๐๐
CentrifugeCFG #195
18 Feb 2022, 14:48
๐Notice
This group is now read only. We'll be posting regular essential info here about the Centrifuge Ecosystem
If you want to continue the discussion of the future of finance and Centrifuge related projects you can use our discord channel. Please use the appropriate channel for the subject you want to discuss.
If you want to contribute to the governance of Centrifuge and Altair the Forum is the place. Check out the Governance Forum rules here
๐Thanks everyone
Notice. This group is now read only. We'll be posting regular essential info here about the Centrifuge Ecosystem.๐Notice
This group is now read only. We'll be posting regular essential info here about the Centrifuge Ecosystem
If you want to continue the discussion of the future of finance and Centrifuge related projects you can use our discord channel. Please use the appropriate channel for the subject you want to discuss.
If you want to contribute to the governance of Centrifuge and Altair the Forum is the place. Check out the Governance Forum rules here
๐Thanks everyone
CentrifugeCFG #195
15 Feb 2022, 18:21
โ
OFFICIAL CHANNELS
๐ Forum:
๐ฆ Tinlake:
๐ RWA market:
๐ฐ Centrifuge/Altair announcements:
๐ป Centrifuge homepage:
๐ Centrifuge documentation:
๐ฆ Twitter (Centrifuge):
๐ฆ Twitter (Altair):
โ๏ธ UNOFFICIAL CHANNELS
๐ Trading group:
๐ซ LANGUAGE CHANNELS (Discord)
๐ฉ๐ช German:
๐ช๐ธ Spanish:
๐ป๐ณ Vietnamese:
๐ท๐บ Russian:
๐น๐ท Turkish:
๐ซ๐ท French:
๐บ๐ฆ Ukrainian:
๐ณ๐ฑ Dutch:
๐ฎ๐น Italian:
๐ธ๐ฆ Arabic:
๐ฐ๐ท Korean:
๐จ๐ณ Chinese:
๐ต๐น Portuguese:
๐ฎ๐ท Farsi:
๐ฏ๐ต Japanese:
OFFICIAL CHANNELS. Forum:. Tinlake:. RWA market:. Centrifuge/Altair announcements:. Centrifuge homepage:.โ
OFFICIAL CHANNELS
๐ Forum: https://gov.centrifuge.io/
๐ฆ Tinlake: https://tinlake.centrifuge.io/
๐ RWA market: https://rwamarket.io/launch#/markets
๐ฐ Centrifuge/Altair announcements: https://t.me/centrifuge
๐ป Centrifuge homepage: https://centrifuge.io/
๐ Centrifuge documentation: https://docs.centrifuge.io/
๐ฆ Twitter (Centrifuge): https://twitter.com/centrifuge
๐ฆ Twitter (Altair): https://twitter.com/altair_network
โ๏ธ UNOFFICIAL CHANNELS
๐ Trading group: https://t.me/CentrifugeTradingCommunity
๐ซ LANGUAGE CHANNELS (Discord)
๐ฉ๐ช German: https://discord.gg/SYZRxsQ8XW
๐ช๐ธ Spanish: https://discord.gg/dMt8ZpdDbb
๐ป๐ณ Vietnamese: https://discord.gg/JntdTZNr6v
๐ท๐บ Russian: https://discord.gg/3GKrhCGryh
๐น๐ท Turkish: https://discord.gg/D5q8XRdsaT
๐ซ๐ท French: https://discord.gg/yxCxDrhbPE
๐บ๐ฆ Ukrainian: https://discord.gg/qswSsNkN6K
๐ณ๐ฑ Dutch: https://discord.gg/pnkfFmdMnw
๐ฎ๐น Italian: https://discord.gg/XeTB5rQXUN
๐ธ๐ฆ Arabic: https://discord.gg/YNtWQXMksk
๐ฐ๐ท Korean: https://discord.gg/9MwncrFRkR
๐จ๐ณ Chinese: https://discord.gg/CNgGxyPvgU
๐ต๐น Portuguese: https://discord.gg/rTRBFVwNbG
๐ฎ๐ท Farsi: https://discord.gg/SqkmFadzYE
๐ฏ๐ต Japanese: https://discord.gg/sgJJMDFnqh
CentrifugeCFG #195
15 Feb 2022, 10:28
Hello Centrifuge Community Members
๐พ Many of you have suggested moving completely over to Discord as the go-to tool of crypto communities. We have listened and discussed.
โก๏ธ This is a notice that at the end of this week this 'Centrifuge Official' Telegram channel will become READ-ONLY and we will use it to post essential information about Centrifuge and Altair.
๐ชTelegram is a good tool for broadcasting but not for discussion. Both Centrifuge and Altair are working projects and a simple Q/A (without threads and subject specific channels) don't permit a deep and healthy dialogue.
๐We want to shout-out to all the people that have joined and helped grow this telegram channel to where it is today, thank you to all the volunteers and ambassadors that selflessly have helped everyone in this channel.
๐ If you want to discuss Centrifuge and ways to build the future of finance you can head to our Discord or Forum.
โค๏ธ Respect to all of you for being part of this project. Expect more big news soon
๐๐ฅ๐๐ฅ๐๐ฅ๐๐ฅ๐๐ฅ๐๐ฅ๐๐ฅ๐
Hello Centrifuge Community Members.Hello Centrifuge Community Members
๐พ Many of you have suggested moving completely over to Discord as the go-to tool of crypto communities. We have listened and discussed.
โก๏ธ This is a notice that at the end of this week this 'Centrifuge Official' Telegram channel will become READ-ONLY and we will use it to post essential information about Centrifuge and Altair.
๐ชTelegram is a good tool for broadcasting but not for discussion. Both Centrifuge and Altair are working projects and a simple Q/A (without threads and subject specific channels) don't permit a deep and healthy dialogue.
๐We want to shout-out to all the people that have joined and helped grow this telegram channel to where it is today, thank you to all the volunteers and ambassadors that selflessly have helped everyone in this channel.
๐ If you want to discuss Centrifuge and ways to build the future of finance you can head to our Discord or Forum.
โค๏ธ Respect to all of you for being part of this project. Expect more big news soon
๐๐ฅ๐๐ฅ๐๐ฅ๐๐ฅ๐๐ฅ๐๐ฅ๐๐ฅ๐
CentrifugeCFG #195
14 Feb 2022, 17:33
๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐
Hello Fugians!
๐ Join Community Call #21 with Centrifuge engineers @jeroen @ilinzweilin @branan and @mikiquantum to ask absolutely anything related to our technology.
โฐ When? Thursday 17th February at 17-00 UTC (18:00 CET)
๐ Where? ZOOM !
๐ชThis is your chance to talk directly with the team and ask questions about Centrifuge, Altair and Cent chain ๐ช
๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐
Hello Fugians.๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐
Hello Fugians!
๐ Join Community Call #21 with Centrifuge engineers @jeroen @ilinzweilin @branan and @mikiquantum to ask absolutely anything related to our technology.
โฐ When? Thursday 17th February at 17-00 UTC (18:00 CET)
๐ Where? ZOOM !
๐ชThis is your chance to talk directly with the team and ask questions about Centrifuge, Altair and Cent chain ๐ช
https://gov.centrifuge.io/t/centrifuge-community-call-2022-02-17-18-00-cet/3518
๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐
CentrifugeCFG #195
11 Feb 2022, 13:52
โMOST FREQUENTLY ASKED QUESTIONS โ
1๏ธโฃ WHEN WILL THE CFG CROWDLOAN REWARDS BE AVAILABLE?
โถ๏ธ Once Centrifuge has been onboarded as a parachain on Polkadot on block #9,388,800 (around 11th March), we will start the distribution process afterwards and you will be able to claim all your CFG.
20% will be available for transfer immediately - the rest will be vesting for the duration of the parachain lease (96 weeks).
There will be more information and instructions regarding the claiming process as we approach the date.
2๏ธโฃ CAN WE STAKE CFG RIGHT NOW?
โถ๏ธ Yes, you can stake your CFG tokens and staking currently takes place in the Centrifuge Portal. If you need instructions on how to get started, you can find an easy to understand manual here:
3๏ธโฃ CAN WE STAKE AIR RIGHT NOW?
โถ๏ธ There will be staking available but not the same way as we are used to now, like with Centrifuge. Once a project becomes a parachain on either Polkadot or Kusama, they will no longer need validators to secure their chain. The security will be provided by the Relay Chain validators (on either Polkadot or Kusama) and the parachains will have COLLATORS instead.
There will be more information regarding collators on both Altair and Centrifuge. You can read more about what collators are here: https://wiki.polkadot.network/docs/learn-collator
4๏ธโฃ WILL CFG/AIR BE LISTED ON MORE EXCHANGES?
โถ๏ธ We don't know about future listings and we don't comment on them either. It is up to the exchanges when and if they want to list any token. If you want to stay updated with new listings, you should follow the exchanges' social media for official listing announcements.
MOST FREQUENTLY ASKED QUESTIONS. WHEN WILL THE CFG CROWDLOAN REWARDS BE AVAILABLE.โMOST FREQUENTLY ASKED QUESTIONS โ
1๏ธโฃ WHEN WILL THE CFG CROWDLOAN REWARDS BE AVAILABLE?
โถ๏ธ Once Centrifuge has been onboarded as a parachain on Polkadot on block #9,388,800 (around 11th March), we will start the distribution process afterwards and you will be able to claim all your CFG.
20% will be available for transfer immediately - the rest will be vesting for the duration of the parachain lease (96 weeks).
There will be more information and instructions regarding the claiming process as we approach the date.
2๏ธโฃ CAN WE STAKE CFG RIGHT NOW?
โถ๏ธ Yes, you can stake your CFG tokens and staking currently takes place in the Centrifuge Portal. If you need instructions on how to get started, you can find an easy to understand manual here:
https://gov.centrifuge.io/t/user-manual-for-accounts-and-staking-on-centrifuge/3028
3๏ธโฃ CAN WE STAKE AIR RIGHT NOW?
โถ๏ธ There will be staking available but not the same way as we are used to now, like with Centrifuge. Once a project becomes a parachain on either Polkadot or Kusama, they will no longer need validators to secure their chain. The security will be provided by the Relay Chain validators (on either Polkadot or Kusama) and the parachains will have COLLATORS instead.
There will be more information regarding collators on both Altair and Centrifuge. You can read more about what collators are here: https://wiki.polkadot.network/docs/learn-collator
4๏ธโฃ WILL CFG/AIR BE LISTED ON MORE EXCHANGES?
โถ๏ธ We don't know about future listings and we don't comment on them either. It is up to the exchanges when and if they want to list any token. If you want to stay updated with new listings, you should follow the exchanges' social media for official listing announcements.
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