Centrifuge Parachain
The Beginner's Guide

Connecting DeFi with real-world assets (RWA).

1. PROJECT

What is Centrifuge Crypto?
Connecting DeFi to the Real World Assets

The untapped multi-billion dollar Real World Asset (RWA) market is entering Decentralized Finance (DeFi) via Centrifuge – the first protocol to connect DeFi to the real world. Companies are using Centrifuge today to access the liquidity that DeFi offers, while investors fund assets for attractive and stable returns.

Introduction to the Centrifuge Parachain

DeFi

Parachain first block: 2022/03/12 03:36:18 (+UTC)

Centrifuge is a decentralized asset financing protocol. It connects decentralized finance (DeFi) with real-world assets (RWA). The main goal of Centrifuge is to generate profits that are not tied to volatile crypto assets.

The Centrifuge parachain is built on Polkadot for security, speed and low fees, while its financial DApp Tinlake is built to access Ethereum liquidity.

Companies can use Centrifuge to access the liquidity that DeFi has to offer. Tokenize real assets and use these tokens as collateral to access financing through Tinlake, a decentralized application (DApp) lending protocol.

Centrifuge provides liquidity to everyone and investors receive income and rewards in the form of CFG tokens. Centrifuge links assets such as invoices, real estate and royalties with decentralized finance (DeFi). Additionally, borrowers benefit from the fact that they can finance their real assets without banks or other intermediaries.

2. TOKEN

What are the utilities of the Centrifuge Token (CFG)?

CFG is the native token of the Centrifuge Parachain and it powers the entire network. There are three major use cases for CFG: staking, paying transaction fees and governance participation. The token is also used to reward the liquidity providers on Tinlake.