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Centrifuge is a decentralized finance protocol built on the Polkadot blockchain, specifically created for the tokenization of real-world fixed-income assets. These assets consist of a variety of financial instruments, including invoices, royalties, and mortgages.
At the heart of the Centrifuge ecosystem is the $CFG token, which serves multiple essential functions. As the native governance token, it empowers holders to participate in significant decisions regarding the development and policies of the Centrifuge network. Furthermore, $CFG facilitates staking, allowing users to earn rewards for contributing to the network's operations, and it is used for transaction fees on the platform.
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