What Is Coinversation (CTO)?
All the information on this website or other official channels is published for information purposes only and is only intended for institutional investors and sophisticated individual investors. Any services to be provided in the future will be subject to the terms of the legal agreements relating thereto. Nothing on this Site should be interpreted as the investment endorsement by Coinversation Potocol or any other person.
Coinversation Potocol and its related services are not provided to any individual from the United States. This Protocol is the first DEFI2.0 protocol platform of Polkadot Ecology. It has been expanded from a synthetic asset protocol to a derivative ecosystem including para-chains, DEX, synthetic asset, and stable coin protocols.
Coinversation Storage Key Points
|Circulating Supply||3,604,834.00 CTO|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
The CUSD generated by the whole system users mortgaging certain collateral. The collateral includes interest-bearing tokens such as CTO and DOT, and users can choose the proportion of CUSD they need to exchange. If stable currency is used as collateral, because it is an interest bearing product, its leverage ratio will continue to decrease and it will never be liquidated.
When users put in interest-bearing tokens and generate interest automatically. Coinversation will charge a certain percentage of the fee for the interest-bearing part, which they will vote on the chain to determine your percentage. This income will give dividends to $CTO collateralized users, and later they will bind with nodes and distribute rewards to users who vote for nodes. The fee for stable currency exchange will also enter the platform revenue.
The liquidator on the chain can become your liquidation robot. He will receive 5% of the total amount of liquidation as a reward. Anyone can participate in our liquidator. If bad debts occur, they will repay the entire mortgage system from the platform revenue. Fragmentation protocol, DEX, and synthetic assets have all been developed.
Coinversation will reserve 22.5% of the tokens for the Polkadot Parachain auction. This parachain will be used for the NFT and financial derivatives ecology, a scalable NFT protocol and financial derivatives platform based on Substrate.
Based on the stable coin protocol of interest-bearing assets built on the Polkadot, using $DOT and $CTO issued by Coinversation to generate interest-bearing tokens, CUSD is synthesized through smart contracts. Users can mint CUSD by collateralizing tokens that can generate interest, such as CTO and DOT.
Bridging USDT, USDC, and BUSD to the Coinversation to form the largest stable currency exchange platform in the Polkadot ecosystem. They will open the API to facilitate all parachains to access our stable currency exchange system and facilitate all chains users can seamlessly use Polkadot’s cross-chain protocol.
The Read ME Project
Coding is usually seen as a solitary activity, but it’s actually the world’s largest community effort led by open source maintainers, contributors, and teams. These unsung heroes put in long hours to build software, fix issues, field questions, and manage communities.
The ReadME Project is part of GitHub’s ongoing effort to amplify the voices of the developer community. It’s an evolving space to engage with the community and explore the stories, challenges, technology, and culture that surround the world of open source.
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