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Centrifuge is an innovative network that is designed to bridge the gap between small businesses and decentralized finance (DeFi). The goal of the network is to provide small businesses with fast and affordable access to capital, while also providing investors with a stable source of income that is not subject to the volatility of crypto assets.

One of the key features of Centrifuge is its ability to connect real-world assets such as invoices, royalties, and real estate to DeFi, which can help to lower the cost of funding for small businesses and provide DeFi investors with a more stable source of income. This is important because traditional financial markets often exclude small businesses, making it difficult for them to access the capital they need to grow and thrive.

The Centrifuge chain is built on Substrate, which is a blockchain framework that enables the creation of customized blockchains for any use case. This allows users to bring their assets on-chain as non-fungible tokens (NFTs), which can be easily traded and used as collateral for loans.

The native token of the Centrifuge network is CFG. This token is used for standard network functions such as transaction fees and chain security, as well as for on-chain governance. Token holders can use CFG to pay transaction fees and participate in the on-chain governance of the network. A portion of the transaction fees is burned to reduce the number of tokens in circulation.

The Centrifuge network was founded in 2017 by Lucas Vogelsang and Markus Ament, who also serve as co-CEOs. Ament is a seasoned FinTech entrepreneur with a track record of success in leading startups. The maximum total supply of CFG tokens is 425,000,000. Overall, Centrifuge is an exciting new network that has the potential to revolutionize the way small businesses access capital and investors earn returns in the DeFi space.

Overall, Centrifuge aims to bridge the gap between traditional finance and DeFi by providing small businesses with access to liquid capital markets. By bringing real-world assets like invoices, royalties, and real estate to the DeFi space, Centrifuge hopes to lower the cost of funding for small businesses and provide DeFi investors with a stable source of income.

The Centrifuge chain is built on Substrate, which allows users to bring their assets on-chain as non-fungible tokens (NFTs). This allows for greater transparency and security in the process of bringing real-world assets to the DeFi space. Additionally, the CFG token serves as the native token of the Centrifuge network and is used for standard network functions such as transaction fees and chain security, as well as on-chain governance.

The team behind Centrifuge includes co-founders Lucas Vogelsang and Markus Ament, both of whom also serve as the CEO of the company. Ament is a seasoned FinTech entrepreneur with experience leading multiple startups. The maximum total supply of CFG tokens is 425,000,000.

With its innovative approach to connecting real-world assets to DeFi, Centrifuge is positioning itself as a key player in the growing DeFi space. By providing small businesses with access to liquid capital markets and investors with a stable source of income, Centrifuge is helping to democratize access to financial services and level the playing field for all participants.