Centric Swap PriceCNS
Rank #4498
About Centric Swap (CNS)
Contract
0xf6cb4ad...921a12d63
Explorers
bscscan.com
Website
centric.com
Community
What Is Centric Swap (CNS)?
Centric Swap (CNS) was first conceived in December 2017. CNS is a Binance Smart Chain-based token that serves as the Centric Network’s on- and off-ramp. Centric Network itself is a dual-cryptocurrency payment network.
CNS can be traded freely on cryptocurrency exchanges and offers users access to Centric Rise (CNR) along with liquidity. A decentralized protocol governs the exchange between these tokens and self-regulates the supply to meet the changes in demand.
The vision of Centric is to alleviate what they see as the largest obstacle to the mass adoption of cryptocurrencies, which is price volatility. The Centric Foundation was established to advance the adoption of Centric Rise (CNR) and Centric Swap (CNS).
Centric has a dual-token model that rewards adoption and stabilizes over time due to its self-regulating supply. The idea behind the model is that, when a user purchases Centric Swap from a trusted cryptocurrency exchange, they can convert it to Centric Rise and benefit from its hourly growth.
This leads to the fact that at every moment when the Centric Rise is worth slightly more than Centric Swap, the user can convert CNR back to CNS and reap the rewards. This dual token system creates the conditions for a synthetic stable currency and can regulate the supply of Centric Rise to drive the market price of Centric Swap towards $1.
What Makes Centric Swap Unique?
The two tokens that make up the Centric dual-token model include the Centric Rise (CNR) and the Centric Swap (CNS).
CNR trades at a fixed price and has hourly growth, while CNS trades at the price set by the market. At any point in time, Centric Rise can be redeemed for Centric Swap and vice versa.
Holding Centric Rise grants a user predetermined hourly earnings on their investment in Centric Swap, ensured by the fact that the value of Centric Rise is constantly increasing in relation to Centric Swap. CNR trades at a predetermined price that is enforced by the
Centric Swap (CNS) Price Trends
24H High$0.00000135
24H Low$0.00000124
24H Volume$199.06K
Market Cap
$329.54KAll-Time High(ATH)$0.01873
Circulating Supply
249.65B CNSAll-Time Low(ATL)$0.0000005365
Total Supply
249.65B CNSMarket Cap/FDV
100%Max Supply
249.65B CNSFully Diluted Valuation
$329.54KMarket SentimentNeutral
Live Centric Swap (CNS) Price Update
Centric Swap price today is $0.00000132 with a 24-hour trading volume of $199.06K, and as such Centric Swap has a market cap of $329.54K, giving it a market dominance of 0.000010%. The Centric Swap price moved +3.09% in the last 24 hours.
Time period | Change amount | % Change |
---|---|---|
1H | -$0.00000001589 | -1.19% |
24H | +$0.00000003966 | +3.09% |
7D | +$0.00000009243 | +7.53% |
30D | +$0.0000001397 | +11.84% |
1Y | -$0.000003499 | -72.61% |
Credibility Indicators
72.51
Reliability Score
Rank #1673
PercentileTOP 10%
CNS to USD | $0.00 USD |
CNS to EUR | €0.00 EUR |
CNS to INR | ₹0.00 INR |
CNS to IDR | Rp0.02 IDR |
CNS to CAD | $0.00 CAD |
CNS to GBP | £0.00 GBP |
CNS to THB | ฿0.00 THB |
CNS to RUB | ₽0.00 RUB |
CNS to BRL | R$0.00 BRL |
CNS to AED | د.إ0.00 AED |
CNS to TRY | ₺0.00 TRY |
CNS to CNY | ¥0.00 CNY |
CNS to JPY | ¥0.00 JPY |
CNS to HKD | $0.00 HKD |