Designed to give benefits to investors, developers and users.
CENNZ is a staking token; it can increase in value without impacting the cost of using the network. This is important to ensure developers can predict the cost of running their application. The demand for CENNZ will increase as more users join the CENNZnet network and generate more activity in the form of transactions.
Staking your CENNZ enables you to participate in the network consensus by securing and governing the network. It also provides you with block rewards in the form of our free token, CPAY.
CPAY works like gas in the network and will be used for transaction fees and block reward payments for stakers. It’s designed to be algorithmically stable, so developers can easily predict the cost of their application, and stakers can easily predict the value of their stake.
CPAY will initially be tradable on the CENNZX exchange or can be transferred directly between wallets.