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... ๐ŸŒŠ We hosted another epic Predictoor workshop! ICYMI you can watch it on our Youtube channel ๐Ÿฟ ๐ŸŒŠ We participated in an X Space dropping knowledge about de-risking strategies in #DeFi ๐ŸŒŠ We announced a new 2-tier rewards system for our @op_ambassadors

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Creditcoin
CreditcoinCTC #250
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20 Oct 2023, 10:16
โ‰๏ธ wCTC Proposal FAQ | What is wCTC for? ๐Ÿค” ๐ŸŒŠ 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. ๐Ÿ’ฑ 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? ๐Ÿค” ๐Ÿ’ฑ 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. โš ๏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? ๐Ÿ“ท โœ… Whilst there's no exact date, the full release of Creditcoin 3.0โ€™s Universal Smart Contract feature will enable users to trade their CTC (mainnet) directly for other crypto assets via Creditcoinโ€™s 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? ๐Ÿค” ๐ŸŒŠ 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. ๐Ÿ’ฑ 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? ๐Ÿค” ๐Ÿ’ฑ 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. โš ๏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? ๐Ÿ“ท โœ… Whilst there's no exact date, the full release of Creditcoin 3.0โ€™s Universal Smart Contract feature will enable users to trade their CTC (mainnet) directly for other crypto assets via Creditcoinโ€™s multichain DEX or bridge functionalities.