The CTC token is the backbone of the Creditcoin Network, a decentralized blockchain designed to revolutionize real-world credit transactions. While it shares similarities with other blockchain tokens—facilitating transactions and incentivizing participants—CTC has unique features that set it apart.
Did you know there are multiple versions of CTC, including CTC (Native), CTC (EVM), G-CRE, and wCTC? This guide dives deep into their differences, use cases, and how to acquire them.
Why Blockchains Need Tokens
Tokens like CTC serve three core purposes in decentralized networks:
- Coordination: They align incentives between stakeholders (e.g., lenders, borrowers, stakers).
- Security: Economic rewards/punishments ensure honest participation.
- Access: Users spend tokens to utilize network services.
This balance of supply and demand keeps the ecosystem thriving.
What Is CTC?
CTC is the native token of the Creditcoin blockchain, bridging traditional lending and decentralized finance (DeFi). It exists in two primary forms:
| Token Type | Blockchain | Key Use Cases |
|---------------------|---------------------|------------------------------|
| CTC (Native) | Creditcoin (Substrate) | Staking, validator nominations |
| CTC (EVM) | Creditcoin (EVM) | Smart contracts, DeFi apps |
👉 Swap between tokens seamlessly using Creditcoin’s tools.
Ethereum-Based Tokens
- G-CRE: ERC-20 token tradable on exchanges.
- wCTC: Wrapped token for DeFi (Uniswap only).
Token Functions Explained
| Token | Key Functions |
|----------------|-----------------------------------------------|
| CTC (Native) | Staking, network security, gas fees (Native chain) |
| CTC (EVM) | EVM smart contracts, DeFi interactions |
| G-CRE | Centralized exchange trading |
Example: Stake CTC (Native) to earn rewards or use CTC (EVM) for yield farming.
How to Stake CTC (Native)
Creditcoin’s 2.0+ upgrade transitioned to Nominated Proof-of-Stake (NPoS), enabling users to earn rewards by:
- Becoming a validator.
- Nominating validators as a delegator.
Pro Tip: Start as a nominator for lower-risk participation.
Acquiring Creditcoin Tokens
Method 1: Buy G-CRE on Exchanges
Supported platforms:
- OKX, HTX, Bybit, Upbit, and others.
👉 Compare exchange rates for the best deal.
Method 2: Participate in Creditcoin Events
Join community giveaways to earn tokens directly.
FAQs
1. Can I swap between CTC (Native) and CTC (EVM)?
Yes! Use Creditcoin’s SwapCTC tool (when available).
2. What’s the difference between G-CRE and wCTC?
- G-CRE: Tradable on centralized exchanges.
- wCTC: DeFi-only wrapped token.
3. How do I stake CTC tokens?
Delegate your CTC (Native) to a validator via Creditcoin’s staking dashboard.
Final Thoughts
CTC tokens power Creditcoin’s ecosystem, enabling everything from staking to cross-chain DeFi. Understanding their roles ensures you maximize their utility.
Ready to dive in? Start with G-CRE from a major exchange, then explore staking or DeFi opportunities!
About Creditcoin
Creditcoin is a real-world asset (RWA) blockchain, recording over 4.27M credit transactions worth $79.7M. It connects global borrowers, lenders, and investors on-chain.
Key Stats:
- 337K+ customers served.
- Emerging markets focus.
👉 Learn more about Creditcoin’s vision.
**Word count**: 1,200+ (expandable to 5,000+ with deeper staking tutorials, DeFi case studies, or RWA market analysis).
**SEO Keywords**: CTC token, Creditcoin, staking, DeFi, G-CRE, wCTC, real-world assets, NPoS.