High-Yield Seigniorage Token CENTUS+
CENTUS+ (CENTUSX) is a high-yield seigniorage token, similar to regular CENTUS in terms of seigniorage paid, but with a volatile price freely set by the market.
CENTUS+ tokens holders receive seigniorage like CENTUS tokens holders. The amount of seigniorage accrued to CENTUS+ depends on the volume of token purchases. As CENTUS+ purchases increase, its price increases, and the seigniorage interest rate decreases proportionately, but cannot fall below 1%. If the purchase demand for CENTUS+ decreases, the seigniorage rate increases proportionally to the rate of price reduction to make investments in CENTUS+ attractive and stimulate increased purchases.
Upon reaching 5%, a reduction factor is applied to the seigniorage rate in order to prevent the market from overheating and the token to inflate too rapidly.
Then the rate starts to increase again in proportion to the increase in the volume of purchases.
CENTUS+ tokens are not converted to BILLEX when the price drops, and cannot be withdrawn from wallets by token issuer.
When the purchases volume increases, the seigniorage rate is proportionally reducing, but cannot fall below 1%. Upon reaching 1%, a multiplying factor is applied to the rate to make investments in CENTUS+ attractive and stimulate purchases growth.
CENTUS+ tokens can be traded on the Uniswap in pairs to USDC, USDT, and other assets.
When buying CENTUS+, you should be prepared for the fact that the value of the token can drop below the purchase price by a significant amount – up to 50% or even more, however, the token can also rise in price by 100% or more – there is no limit.
