MakerDAO and Aave Integrated DeFi Protocol Centrifuge’s Token Sale to Launch on CoinList

Digital asset platform CoinList recently announced the Centrfuge Token Sale.

CoinList‘s management noted (on May 6, 2021) that they’re pleased to  confirm that the registrations for the Centrifuge sale on CoinList is now open.

As noted by the CoinList team, the sale has two options with different terms and conditions:

  • Option 1 will “run from May 26 2021, 17:00 UTC to May 31 2021, 14:00 UTC”
  • Option 2 will “run from May 26 2021, 23:00 UTC to May 31 2021, 14:00 UTC”
  • The registration “deadline for the Centrifuge sale is May 21 2021, 23:59 UTC.”

As mentioned in the update:

“Additionally, Centrifuge is offering Tinlake users access to a whitelisted, invite-only option at $0.38 per token with a 2 year unlock schedule. Invitations to that option will be emailed directly to eligible participants.”

You may register here.

As explained by CoinList, Centrifuge is “one of the first protocols to connect (decentralized finance) DeFi to the real-world as it brings the untapped, multi-trillion market of real-world assets (RWA) on-chain.”

Companies or businesses are reportedly using Centrifuge today to gain access to the liquidity that DeFi provides.

A few “reasons” why CoinList claims it’s “excited” about Centrifuge are as follows:

  • TVL Doubling Every Month: Centrifuge has “entered a new category of Total Value Locked (TVL) growth: real-world asset (RWA) TVL.” The protocol “tokenizes real-world assets by converting them into NFTs on the Centrifuge Chain.”
  • Breaking Ground in Polkadot: Centrifuge chain is “built on Polkadot for speed and low fees, while its financing Dapp, Tinlake, is built to access the massive liquidity on Ethereum.” The native token CFG has “its own bridge to Ethereum.”
  • Integrated with DeFi Industry Leaders: Directly integrating into other DeFi protocols such as MakerDAO and Aave “allows Centrifuge users to get instant liquidity and makes DeFi protocols more secure against destabilizing events by adding uncorrelated collateral.”

You may register here.

CoinList clarified that this offer is not available for residents and citizens of the United States, China, Canada, Switzerland, South Korea, British Virgin Islands, and “certain jurisdictions.”


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