Centaur combines the best methods of decentralised finance with regulatory control.
Centaur utilizes a semi-decentralised approach to constructing solutions, leveraging on the transparency and security of decentralised architectures while providing a fail-safe layer through centralised systems and processes. Centaur is combining all of the core aspects of blockchain technologies with regulatory control to provide a new approach to decentralized finance.
Centaur focuses on hybridized solutions that best leverage on the efficiency and applicability of centralized architectures and combines them with the transparency and ecosystem participation of decentralized systems
Like most core finance products in the blockchain space right now, there are three main elements that are important to discuss when looking at Centaur Finance.
A crucial part of the Centaur ecosystem is the liquidity pools, as they allow community members to stake funds to provide liquidity for the Centaur financial solutions, receiving a part of the profits afterwards. Liquidity pools on Centaur are Protocol Agnostic so they can be built and deployed across numerous protocols. With reference to the CentaurSwap whitepaper, the Centaur liquidity pool boast of three new innovations to current solutions.
The implementation of price oracles to minimize price differentiation against external prices and hence reducing impermanent loss.
The use of consolidated pools to allow single-sided staking.
Repurposing of liquidity to maximise returns for liquidity providers.
The second core product that is due for launch in April is the Centaur wallet which is intended to serve as the interface to products and services. It is expected to be a multi-currency, multi-chain asset management platform that supports both native functionalities and multi-protocol control.
The third anticipated product is the launch of Centaur Chain mainnet which is due to be completed soon. Centaur proposes a cross-chain interoperability settlement layer that will be backwards-compatible with existing blockchain protocols. This cross-chain operability is also powered by oracles natively built into the chain to feed data for settlement.
Centaur proposes a different way forward, with a set of solutions built upon a hybrid of centralized/ decentralized principles. The execution of these solutions would be supported by financial licenses worldwide while the underlying blockchain will focus on backward compatible interoperability.
CNTR is the token of the Centaur ecosystem, CNTR is the value carrier of Centaur, to be spent as gas payments for all transactions or used as collateral for staking and block producing. Rewards for block producing and data feeds provided by oracles will also be provided in CNTR. The current market cap of CNTR is around $13,900,000 so still heavily undervalued in terms of market opportunity, CNTR is also currently doing around $700,000+ in terms of daily volume and listed on Uniswap, Bitmax & Hotbit.