Preguntas frecuentes sobre CENTUS

Cryptocurrency is a digital currency secured by cryptography, making it nearly impossible to counterfeit. It is not controlled by central authorities, ensuring its decentralization. Most cryptocurrencies are based on blockchain technology, which supports transaction transparency and security.

CENTUS is a new type of stablecoin whose value is pegged to the cost of living, unlike traditional stablecoins which are tied to specific assets such as fiat currencies. The primary goal of CENTUS is to provide token holders with stable purchasing power even in the face of changes in the cost of living.

The CENTUS token is available for purchase on the DEX UniSwap (decentralized exchange) in the BNB Chain (Binance) network – you can buy and sell CENTUS and earn seigniorage and basic income right now.

Una característica distintiva de CENTUS en comparación con otras stablecoins es que sus titulares pueden proteger sus activos de la inflación. Los propietarios de CENTUS reciben regularmente pagos en forma de señoreaje para compensar la inflación. El monto de la compensación por inflación se determina sobre la base de los datos de inflación del mes anterior proporcionados por el Oficina de Estadísticas Laborales de EE. UU..

Todos los titulares de CENTUS también tienen derecho a un ingreso básico en tokens BINCOME y BINC. Estos pagos se realizan diariamente, así como los martes y viernes por el Fundación Renta Básica.

CENTUS maintains stability primarily through its seigniorage system, which adjusts the supply of Stable Cent based on market demand. Here’s how it works:

Demand-Driven Supply Adjustment: When the demand for Stable Cent increases, new units are minted, and when demand decreases, the supply is contracted. This is done to maintain the value of Stable Cent close to its peg.
Seigniorage Distribution: The process of creating (minting) or destroying (burning) Stable Cent generates seigniorage. This seigniorage is distributed among CENTUS holders, incentivizing them to hold the currency and participate in its stability.
Market Mechanisms: CENTUS also relies on market mechanisms and trading activities on exchanges where it is listed. This market-based approach helps absorb shocks and stabilize the value.
Community Governance: Decisions regarding supply adjustments and other important aspects may involve community governance, allowing token holders to have a say in the network’s operations.

To work with CENTUS, you need to register an account with Centus.one and specify your Polygon (Ethereum) address in your profile. If you buy CENTUS on a UniSwap DEX, then you don’t need to confirm your identity. However, to purchase CENTUS through a Centus exchanger using a credit card, you must complete the Identity Verification Process (KYC). The Identity verification is important to comply with laws and prevent fraud. Read aquí cómo comenzar …

No, by no means – every participant can only work with one account, no matter how many devices they have. To get more profit, you have to use our financial instruments.

You can use CENTUS in the following ways:

1. Trading on Crypto Exchanges: Trade CENTUS on various cryptocurrency exchanges and DEXs like UniSwap.

2. Transfers and Payments: Use CENTUS for transferring funds and potentially for paying for goods and services if the vendor accepts it.

3. Participation in the CENTUS Ecosystem: Engage in network activities, such as earning seigniorage and basic income.

CENTUS can be used for several purposes:

1. Trading and Investing: Buy, sell, or trade CENTUS on cryptocurrency exchanges or decentralized platforms.

2. Earning Seigniorage and Basic Income: Participate in the CENTUS network to earn rewards and income through its seigniorage distribution system.

3. Transfers and Payments: Use CENTUS for digital transactions, such as sending funds to others or potentially paying for goods and services where it is accepted.

4. Storing Value: Hold CENTUS as a means of storing value, especially given its design to be more stable than traditional cryptocurrencies.

CENTUS does not charge transaction fees. Instead, it offers inflation compensation in the form of seigniorage for holding its coins, and also distributes a Basic Income twice a week, helping users to preserve and increase their funds. The only fees users have to pay are the small transaction charges of the Polygon and BNB Chain (Binance) networks.

Our goal is to make CENTUS accessible to everyone around the world. We are working to expand the availability of CENTUS to as many countries as possible. However, at the moment, residents of the United States cannot receive seigniorage and basic income from using CENTUS.

Currency Exchange: To purchase CENTUS, you typically need to first exchange your local currency for a cryptocurrency (like USDT, Matic or Binance Coin) on a cryptocurrency exchange or DEX, and then trade it for CENTUS.
Direct Use of Local Currency: Direct use of local currency within the CENTUS system is likely not supported.
Exchange Platforms: Use exchanges or platforms that support converting your local currency into a compatible cryptocurrency.
Regulatory Restrictions and Fees: Consider potential regulatory restrictions and fees associated with currency exchange and conversion when buying cryptocurrency to trade for CENTUS.

To fully utilize CENTUS, especially for transactions or trading, you would typically need to interact with these networks, as CENTUS operates on them. This would require setting up and using accounts on Polygon and BNB Chain.

CENTUS is connected to the Polygon and BNB Chain networks in the following ways:

1. Platform Support: CENTUS may be integrated or available on blockchain platforms like Polygon and BNB Chain. This means CENTUS tokens can be issued, transferred, or traded on these blockchains.

2. Technological Compatibility: Utilizing networks like Polygon and BNB Chain allows CENTUS to leverage their technological benefits, such as increased scalability, low transaction fees, and fast transactions.

3. Access to a Broader Audience: Integration with these blockchains extends CENTUS’s availability to a wide range of users and investors active on these platforms.

4. Use in Decentralized Finance (DeFi): Inclusion of CENTUS in the DeFi ecosystem on these blockchains, allowing users to engage in various financial activities like trading, lending, and earning interest.

Yes, businesses can use CENTUS in several ways:

1. Accepting Payments: Businesses can accept CENTUS as payment for goods and services, especially if they aim to attract customers from the cryptocurrency community.

2. Cross-border Payments: Use CENTUS to facilitate cross-border payments due to its decentralized nature and low transaction fees.

3. Corporate Finance Management: Incorporate CENTUS into corporate financial strategies, such as for diversification of assets or as part of an investment portfolio.

4. Participation in the CENTUS Network: Businesses can also participate in the CENTUS ecosystem, including earning seigniorage and basic income.

CENTUS aims to combat inflation in a few key ways:

1. Valor estable: CENTUS is a stablecoin, which means its value is designed to remain stable over time. This stability can make it a more reliable store of value compared to traditional fiat currencies that may be subject to inflation.

2. Señoreaje: CENTUS employs a concept known as seigniorage, which refers to the profit made by issuing currency. In the context of CENTUS, this often involves distributing additional tokens to existing holders. This process can help maintain the purchasing power of the token, even in the face of inflation in traditional currency markets.

3. Basic Income Distributions: CENTUS provides a Basic Income, distributed regularly to token holders. This system aims to provide a consistent flow of income that can help mitigate the effects of inflation, particularly in cases where traditional currencies are losing value.

4. Pegging to Cost of Living: Unlike many stablecoins that are pegged to a specific fiat currency, CENTUS’s value is tied to the cost of living, which can make it more resilient to inflationary pressures in any one currency or economy.

By combining these mechanisms, CENTUS provides a multi-faceted approach to preserving value and purchasing power in an inflationary economic environment.