CFG/EUR - Centrifuge/Euro

About Centrifuge

Centrifuge is a decentralised asset finance protocol. It connects decentralised finance (DeFi) with real-world assets (RWA), while seeking to reduce the cost of capital for small and medium-sized enterprises (SMEs) and provide investors with a stable source of income. The main goal of the project is to generate profits that are not tied to volatile cryptoassets; the developers are pursuing the task of transferring real monetary value from fiat to cryptocurrencies. Companies use Centrifuge to access the liquidity offered by DeFi. They can tokenise real assets and use these tokens as collateral to access funding through Tinlake, a decentralised application lending protocol (DApp). Centrifuge's blockchain is built on Polkadot (DOT) to offer speed and low fees, while its Tinlake financial DApp is built to access Ethereum (ETH) liquidity. 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 decentralised finance (DeFi). In addition, borrowers benefit from the fact that they can finance their real assets without banks and other intermediaries.