Centaur is said to be bridging the gap between DeFi and traditional finance by integrating the best components of decentralized finance with calibrated regulatory supervision.
Centaur is stated as employing a semi-decentralized approach to solution construction, exploiting the openness and security of decentralized architectures while offering a fail-safe layer via centralized systems and procedures.
Centaur's objective is to build a flexible ecosystem that permits existing and future financial solutions to coexist. The platform will contain a native chain (Centaur Chain) that will form the basis for smart contract engagements across various protocols and liquidity pools, as well as several blockchains. The initiative intends to lower the entrance barrier for unsecured lending, cross-border remittance and improved privacy through its liquidity pools.
What is Centaur [CNTR]?
A leading C-Defi platform that enables real-world asset utilization with Defi using cross-chain liquidity staking pools for unsecured lending and remittance.
Centaur is developing a hybrid C-Defi (semi-decentralized) solution to bridge the gap between asset usage in the real world and decentralized finance. The team hopes to establish a breakthrough ecosystem that facilitates cross-border remittance and unsecured lending by incorporating the best practices of both systems. The Centaur protocol facilitates the deployment of liquidity staking pools across different blockchains, with an incorporated privacy layer. The project has completed its testnet and will launch its mainnet in early 2021.
Who Are the Founders of Centaur [CNTR]?
James Hong (Co-Founder) — Prior to joining the cryptocurrency industry, James was the executive director for Hyundai Heavy Industries. He got 15 years of expertise in profitable businesses and has since been contributing significantly to the digital economy and adoption of innovative ideas in traditional industries.
Mark Harris (Co-Founder) — With over 20 years of experience in the financial services industry, Mark has a proven track record of developing and delivering significant projects such as hyperWALLET and Travelex.
Dhanraj Dadhich (Co-Founder) – Dhanraj has 20 years of technical expertise. His background in technology includes deep learning, big data analytics, public ledger of all transactions, cryptography, and encryption.
Kor Kiang Sean (Co-Founder) — Sean has worked in the blockchain industry for 5 years. His initiatives include anything from mining equipment setup to smart contract and blockchain technologies. Sean formerly worked as a Co-Founder at Trinide and as a Business Development Manager at Talenta, both of which are blockchain-related firms.
What Makes Centaur Unique?
Centaur, one of the liquidity pools systems, has distinct goals from its competitors, AAVE and Compound. Centaur intends to bridge the gap between DeFi and traditional finance by exploiting cross-chain liquidity pools with an extra privacy layer that incorporates zero-knowledge proofs.
Users can earn rewards by staking tokens (80% of liquidity pool fees will be dispersed).
Holders of CNTRs have specified voting power in order to participate in decision-making and propose modifications to network characteristics.
Centaur will continue providing collateralized loans as well as remittance services in the UK, South Africa, and South East Asia if it obtains bank licences.
Where Can You Buy Centaur [CNTR]?
If you're looking for a place to purchase Centaur , the best cryptocurrency exchanges to use right now are MEXC, Hotbit, Uniswap (V2), and AscendEX (Bitmax).
Frequently Asked Questions
Can I Buy Centaur [CNTR] With Cash?
No. There is no direct method to purchase CNTR using cash. You can, however, utilize markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.
Are there any quick ways to buy Centaur [CNTR] in Europe?
Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.
On what factors does the price of the Centaur [CNTR] Depend?
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact CNTR price and market cap.
Centaur Official website – https://cntr.finance/
Centaur Twitter – https://twitter.com/OfficialCentaur
Centaur Medium https://medium.com/centaur