This week, in sum. We hosted another epic Predictoor workshop. ICYMI you can watch it on our Youtube channel.
20 Oct 2023, 10:01
This week, in sum...
๐ We hosted another epic Predictoor workshop! ICYMI you can watch it on our Youtube channel ๐ฟ
๐ We participated in an X Space dropping knowledge about de-risking strategies in #DeFi
๐ We announced a new 2-tier rewards system for our @op_ambassadors
Same news in other sources
120 Oct 2023, 10:16
โ๏ธ wCTC Proposal FAQ | What is wCTC for? ๐ค
๐ wCTC is being proposed as a solution to enable mainnet token liquidity. After swapping from CTC (mainnet) โ wCTC, users will be able to trade their wCTC for G-CRE on a floating Uniswap pair.
๐ฑ The Creditcoin Foundation will provide limited liquidity to this pair to enable users to liquidate their mainnet tokens.
โ๏ธ wCTC Proposal FAQ | Will the price of wCTC and G-CRE be the same? ๐ค
๐ฑ The G-CRE โ๏ธ wCTC pair on Uniswap uses a floating exchange mechanism, creating a risk of price slippage. This means that wCTC could end up trading at a discounted price to G-CRE.
โ ๏ธ While CTC (mainnet) โ๏ธ wCTC is a 1:1 quantity conversion, we cannot determine what the wCTC โ G-CRE price will be.
โ๏ธ wCTC Proposal FAQ | When will CTC (mainnet) be directly tradable? ๐ท
โ
Whilst there's no exact date, the full release of Creditcoin 3.0โs Universal Smart Contract feature will enable users to trade their CTC (mainnet) directly for other crypto assets via Creditcoinโs multichain DEX or bridge functionalities.
wCTC Proposal FAQ | What is wCTC for. wCTC is being proposed as a solution to enable mainnet token liquidity.
โ๏ธ wCTC Proposal FAQ | What is wCTC for? ๐ค
๐ wCTC is being proposed as a solution to enable mainnet token liquidity. After swapping from CTC (mainnet) โ wCTC, users will be able to trade their wCTC for G-CRE on a floating Uniswap pair.
๐ฑ The Creditcoin Foundation will provide limited liquidity to this pair to enable users to liquidate their mainnet tokens.
โ๏ธ wCTC Proposal FAQ | Will the price of wCTC and G-CRE be the same? ๐ค
๐ฑ The G-CRE โ๏ธ wCTC pair on Uniswap uses a floating exchange mechanism, creating a risk of price slippage. This means that wCTC could end up trading at a discounted price to G-CRE.
โ ๏ธ While CTC (mainnet) โ๏ธ wCTC is a 1:1 quantity conversion, we cannot determine what the wCTC โ G-CRE price will be.
โ๏ธ wCTC Proposal FAQ | When will CTC (mainnet) be directly tradable? ๐ท
โ
Whilst there's no exact date, the full release of Creditcoin 3.0โs Universal Smart Contract feature will enable users to trade their CTC (mainnet) directly for other crypto assets via Creditcoinโs multichain DEX or bridge functionalities.