A market built to move.
CENTS is a market-driven liquidity system built around a defined reference, responsive trading activity and structured volatility.
The market creates the movement.
CENTS establishes a defined reference point while allowing market activity to generate movement around it. The result is a structured environment where volatility becomes part of the system rather than something to remove.
A defined reference.
CENTS operates around a reference value rather than attempting to eliminate market movement. Trading activity determines where the market moves within the structure.
Reference
A defined internal reference establishes the centre of the market.
Pressure
Market activity pushes CENTS away from the reference.
Response
Liquidity responds as price reaches the structure's boundaries.
Movement
The resulting activity creates the next market state.
Volatility is the input.
Market volatility provides the movement that drives the system. CENTS is designed around that activity instead of treating volatility as an external problem.
Liquidity is responsive.
When CENTS reaches the edge of its defined zone, liquidity responds and creates a path back toward the reference.
CENTS creates the trades. ECHO absorbs the movement.
The system separates market activity from the volatility layer that supports it through $ECHO (id:3704451149)
Market activity.
CENTS operates inside its defined zone. As market conditions move the asset toward a boundary, the system creates the transactions that move it back toward its reference.
Volatility layer.
ECHO sits on the other side of the movement. It is the volatile component of the system, absorbing the pressure created as CENTS moves through its market structure.
Locked supply. Scheduled rewards.
CENTS supply is locked in a vault, and a second vault releases it on a fixed schedule. Both vaults can be viewed on Vestige.
Supply is locked.
The CENTS supply is locked in a trustless Vestige vault. Nobody has to be trusted to keep it locked. The vault enforces it.
View the vaults on Vestige →5,000 CENTS per month.
A second vault is scheduled to release only 5,000 CENTS each month. The release is distributed as rewards directly to the accounts of holders who are enrolled to receive rewards.
View the vaults on Vestige →Simple rules. Visible behaviour.
The system is defined by a small number of observable parameters rather than a collection of complicated mechanisms.
Follow the market. Understand the mechanism.
CENTS is designed to be observed through its behaviour: the reference, the zone, the trades and the resulting movement.