From the moment the news is published, a new Stable Cent token (basic token) is being issued for the period of the CENTUS price stabilization.
Asset code: STABLECENT
Friendly name: CENTUS Stable Cent
Total supply: 100,000,000
Issuer address: GCML5PV7VISAJOM3K3YS25PTETL2NY7PAAAREDKY62WWP4XFTNGBJRL6
Home domain: stablecent.one
1 STABLECENT ≈ 1 US CENT
The capital of the basic token is formed by introducing deductions from the basic income of each CENTUS holder in the amount of 1% of the Stellar wallet balance.
STABLECENT holders receive a seigniorage at the rate of 0.52% and the basic income at the rate of 2% every Tuesday and Friday.
Seigniorage is paid in STABLECENT tokens, basic income is paid in BINCOME tokens. In the future, the seigniorage rate will be tied to the actual purchase amount of the basic token.
After CENTUS price stabilization is reached, Stable Cent tokens can be converted to CENTUS tokens at a rate of 1:1.
You can always buy and sell STABLECENT without any problem on the website https://centus.one/
Please do not forget to open a trustline for the STABLECENT token.
Good luck to all CENTUS participants!