it is only 250k MC as of this post. To get the REAL MC visit this link > explorer.joincentric.com/ Look at the circulating $CNS and x by current price.
The CNR is untradeable, it is a value store and goes up in value every hour. The value is a preset 28.5% over the month for the next 3 months then drops off slowly.
So basically you gain 28.5% of your total CNS when it is turned to CNR, gaining 0.85% a day, 0.035% an hour.
If you had 100k $CNS and turned it into 10k CNR, you would gain a total of 28.5k $CNS. At the current market price you could sell 28500 $CNS for $65, and as the price goes up you can see it for more and more (if it goes 3x the current price (ONLY 250k MC ATM) you will earn your investment back). At the current price 100k $CNS would cost you $230.
Sounds fucking impossible, right?
That's the benefit of being THIS FUCKING EARLY. It is literally JUST BEGINNING, released on exchanges a week ago, listed on coingecko 5 days ago and ALREADY listed on CMC.
How the fuck does it sustain this? > The Centric Rise ($CNR) burns at a set rate every hour, each burn increases the value of $CNR. $CNS is held against a $1 stable coin value (Current price $0.0023) and as the $CNR burns, it requires more $CNS for swapping.
to get 10k $CNR at the current moment you need 99k $CNS. End of this month you will require 128k $CNS NO MATTER WHAT HAPPENS. The price can go up or down and you still need $128k $CNS to get 10k $CNR.
This is compounding aswell, you can see how much you would get from your investment IF THE PRICE STAYS THE SAME, from here:
THE MORE THIS IS TRADED AND THE HIGHER THE PRICE GOES, THE FASTER $CNR BURNS.
Julian Scott
> The value increase is performed consistently through a mechanism of burning tokens. The more transactions, conversions, and adoption that take place, the faster Centric tokens are burned out of circulation. As the tokens gain utility through the ecosystem, the velocity of use will result in improved liquidity. The Centric Rise tokens value is not dictated by the volatile cryptocurrency markets today, or any market for that matter; rather it is built into the token design and carefully calculated the rise in the price based on how the project is forecasted to perform. At present the token increases at 28.5% value per month.
CNR is burned at the same rate as the value is increased.
also why this project looks too good to be true (ik bc it probably is?)
Carson Wilson
Cns > cnr.
John Gray
currently 10 CNS = 1 CNR.
Brother, you do you. Don't FOMO when it goes off and you're left in the dust.
You can see they're offering this TO THE EARLY INVESTORS.
You will NEVER get 28.5% after the 3 months finish, it diminishes.
Everything around you is community driven, why wouldn't this be. You can look at the team, white paper, look at everything, it's all legit.
They can't even scam themselves as they have no control over the $CNS, and have 12m locked up, that is it.
They can't dump $CNR and it's not tradeable.
All the info you're uncertain of is there if you actually look.
Carter Flores
You have to understand that the $CNR burns as the price goes up, it balances itself.
Ethan Jackson
Why is it better to convert to CNR?
Gavin Baker
I literally don't get this coin user. I bought a while ago when it came out and was confused on the price so I think I got fucked. Ended up paying 1 eth for pic attached. Don't know why it says i have 22 thousand dollars, cause thats not right either. anyway i staked it all like you can see and basically don't know wtf i'm doing.
This is just a complicated ponzi shitcoin with a whore CEO
Connor Wood
$CNR is set to increase as at a set price, and $CNS is seen as being $1 when converting to $CNR.
If you kept 100k $CNS as $CNS then you would have 100k $CNS after a month, which would be equal to what ever value $CNS has in the market at the time.
If you converted 100k $CNS to 10k $CNR, $CNR is set to increase a certain amount in $ value each month, but is untradeable. What they market is it's predicatability.
You see if you choose the second option, after a month you would have 128.5k $CNS if you converted that 10k $CNR back. So you would have a 28.5% increase hold of $CNS no matter what happens.
If you use the link you can see the % amount reduces significatly every 3 months, basically rewarding those who get in early.
If you keep your 100k $CNS and it goes up 2x, you've made 2x if you sell after a month.
If you had it converted to $CNR and swap it back to $CNS (no fees or anything) you will have $128.5k $CNS, so not only would you sell your $100k for 2x the investing price, you would have an extra 28.5k $CNS you could also sell.
You see, the longer it goes the more $CNS you need to convert to $CNR, as the $CNR total supply burns and the balue of it goes up, which balances out the 28.5%
Chase Long
Do with this what you will ANONS, this is the golden ticket.
"Burning Centric Rise is an important part of the economic model built into Centric. There are currently two ways Centric Rise is burned.
Centric Rise Contract In order to mint Centric Cash, Centric Rise tokens are held in security. As each hour passes a percentage of Centric Rise held in security is burnt equal to the % hourly change in the price of Centric Rise.
Partners & 3rd Party platforms When you use or perform certain actions a small percentage of Centric Rise is burned. Centric Foundation negotiates these terms with partners in order to add additional value to the Centric network over time."
Ryder Rivera
Like the last thread, this will be the last BUMP.
I pray for you all, god speed. Just kick off when you see where it is at a week or two later.
Can you trade from cns to cnr on the probit exchange?
Easton Murphy
No, only way to convert from CNS to CNR is the Centric wallet
Logan Smith
How much you bought?
Luke Watson
1.7m
Ryan Brooks
How much is a make it stack?
Dominic Williams
Nice.
Jonathan Perry
What is make it stack with this?
Andrew Campbell
honestly, going to say 1m make it stack without $CNR
With $CNR and the monthly % increases, i'd say as low as 300k.
Austin Smith
I would advise buying as close to 1m as you can. 1m $CNS turned to $CNR, you'd currently get an extra 285k $CNS at the end of the month, compounding with tri-monthly decreasing of the compound rates and you'll end up with a fat stack. Moon lambo money.
Gabriel Nelson
Im going to bed if this gets no replies within 20 mins
Sebastian Davis
Thank you for posting this thread yday, I was getting fucking justed and made back all my losses in 12 hours. I just need more patience and just buy the 100% gems when theyre posted on biz every month or so. Target price is 50 cents and I'm out.
Aaron Thompson
This is a legitmate, un ironic gem.
Seriously, the reward for long term holders far outwieghts any pump and dump ideas people would want to do against this project.
