Centrifuge bridges real-world assets into DeFi to bring down the cost of capital for SMEs and provide DeFi investors with a stable source of yield uncorrelated from volatile crypto assets.
The underlying Centrifuge blockchain architecture is called Centrifuge Chain. It is a Proof-of-Stake (PoS) blockchain built on Parity Substrate – a platform that allows users to create semi-autonomous distributed blockchain systems on Polkadot (DOT) and Kusama.
Wrapped Centrifuge is a cryptocurrency token on Ethereum pegged to the value of Centrifuge.