Miami, Florida Jun 30, 2023 (Issuewire.com) – CENTUS Stable Cent, the world’s first issuer of seigniorage-based basic income stablecoins on Stellar, is completing its migration to the Polygon and Binance Chain networks.
CENTUS already offers its stablecoins on UniSwap DEX, enhancing user liquidity and access to CENTUS. Furthermore, the transition to Polygon and Binance will enable CENTUS to leverage the high transaction speeds and low fees offered by these networks.
“The migration to Polygon and Binance Chain marks a significant milestone for CENTUS. The support of the CENTUS community is our primary motivator. All of this will enable us to offer our users the best possible experience, utilizing the benefits of cutting-edge blockchain technology,” says Alex Egorov, the co-founder of CENTUS and CEO of BINCOME LLC.
Currently, CENTUS holders can trade the stablecoin in pairs with other stablecoins such as USDT, USDC, and DAI. These stablecoins, backed by a basket of fiat and cryptocurrencies, are designed to maintain a 1:1 peg to the US dollar. In addition, CENTUS can be swapped for BTC, ETH, and other coins listed on UniSwap.
After completing the full migration, CENTUS will be available on Binance DEX, providing users with greater liquidity and access to CENTUS.
In addition, the Basic Income Foundation (BINCOME), a strategic partner of CENTUS, has also introduced its native BINC token on the Polygon network. BINCOME, established during the Covid-19 pandemic, supports the efforts of the international community to combat the crisis by providing universal basic income in the form of cryptocurrencies, including CENTUS, BINCOME, BINC tokens, and others.
“We offer the opportunity for anyone who wishes to promote the idea of basic income to open a representation of the Foundation in their region. The more of us there are, the more confidently we can face the future. Join us, and together we will make it prosperous,” said Vlad Jacobs, CEO of the Basic Income Foundation.
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