$0.112046
+$0.003809(+3.52%)
Market Cap
$60.75M
24h High
$0.112717
24h Low
$0.104359
24h Turnover
$2.20K
Total Supply
542.21M
Market Sentiment
Neutral
About Wrapped Centrifuge (WCFG)
Centrifuge is a network that provides access to fast, cheap capital for small businesses and stable yield for investors. Centrifuge Chain is the home for real-world assets (RWA) on-chain. It is a Proof-of-Stake blockchain built on Substrate that enables users to bring their assets on-chain as non-fungible tokens (NFTs). This is the starting point to unlock financing for any type of asset through DeFi. Centrifuge Chain is bridged to Ethereum, but uses its own native token - the Centrifuge (CFG) token.Tinlake is an open, smart-contract-based marketplace of asset pools bringing together Asset Originators and Investors who seek to utilize the full potential of Decentralized Finance (DeFi). Ultimately, Tinlake will become a fully decentralized financing protocol that interoperates with different blockchains and plugs into a variety of funding sources. Through Tinlake pools, businesses or "Asset Originators" can responsibly finance real-world assets, such as invoices, mortgages, or streaming royalties through DeFi and access bankless liquidity. They do this by tokenizing their financial assets into Non-Fungible Tokens (“NFTs”) and use these NFTs as collateral in their Tinlake pool to finance their assets.
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