Centrifuge is a network that connects small firms with fast, low-cost finance and investors with a consistent return.
Tinlake is Centrifuge's investment app that functions as a real-world asset pool marketplace. Asset Originators offer a variety of pools for investors to choose from, and they can invest in the ones that best suit their needs.
Centrifuge Chain is the on-chain home of real-world assets (RWA). It's a Proof-of-Stake blockchain based on Substrate that allows users to add non-fungible tokens onto the blockchain (NFTs).
Centrifuge currency (CFG) is a native token and a cryptoeconomic primitive that uses a nominated Proof-of-Stake consensus process to stake validators and offer incentives for Centrifuge adoption.
Through on-chain governance, CFG allows holders to direct the evolution of Centrifuge.
CFG holders gain a stake in the Centrifuge network, which they can use to pay transaction fees, stake towards Collators, and participate in Centrifuge on-chain governance.
It will also reward DOT holders in the Parachain Loan Offering, as well as distribute a block reward to Collators and Nominators, to encourage chain security. Centrifuge also provides governance to its owners.
Centrifuge P2P Protocol
The p2p protocol is used for private, off-chain data exchange and provides a mechanism to create, share, and validate asset data.
Asset originators can exchange asset facts with service providers on a case-by-case basis, allowing them to review the data and add price and underwriting information to the document. Cryptographic signatures can be used to verify the data's provenance. Centrifuge Chain connects the Ethereum and Polkadot ecosystems, allowing both to use DeFi liquidity to fund real-world assets on Tinlake.
This provides Centrifuge an advantage in gaining access to two of the most important crypto ecosystems: one for today's DeFi liquidity (ETH) and another for speed and a burgeoning ecosystem (XRP) (DOT).
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