Centrifuge Milestones - Looking Back

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The last half decade has been a crazy ride for Centrifuge! The project has gone from an idea to a fully functional product with $90M in TVL on Tinlake, parachain launch, huge partnerships, pools launching directly on the Centrifuge Chain and much, much more.

Regardless of market conditions, we keep building and putting all our efforts and energy towards what is important; to provide a high quality infrastructure protocol for borrowing and lending money against assets!

:people_holding_hands: :two_women_holding_hands: :couple: :two_men_holding_hands:
The community, engineers, designers, marketing, business development, pool issuers, ambassadors and moderators are all working together to shape the project in the right direction. Together, we are shaping the future of finance!

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If anyone has any doubts as to where we are headed, let us take a trip down memory lane together and see how far we have come already!

Buckle up!

2018

MARCH

MAY

OCTOBER

2019

JUNE

AUGUST

SEPTEMBER

OCTOBER

2020

MAY

AUGUST

OCTOBER

2021

FEBRUARY

APRIL

MAY

AUGUST

OCTOBER

DECEMBER

2022

JANUARY

APRIL

MAY

JUNE

Coming next:

Centrifuge’s protocol roadmap has focus on four themes:

  • Scale pools on Centrifuge
  • More liquidity for borrowers
  • Build trust in assets
  • Increase utility for CFG

In the coming months, we will see these themes come into play. You can read the whole blog about it here.

Tinlake key metrics

V2 (May 2020 - October 2020):

Total financed = 3,610,462 DAI

V3 (October 2020 - present ):

DATE TVL
October 2020 (launch) 20 000 DAI
December 2020 1 500 000 DAI
June 2021 25 000 000 DAI
December 2021 50 000 000 DAI
June 2022 90 000 000 DAI :eyes:

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Tinlake’s TVL has been constantly growing, and at a very rapid pace in most periods. This is a great testimony of the trust in the protocol, and the fact that investors are looking for ways to earn yield on (real world) assets that are uncorrelated to the crypto market.

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If you want to stay up to date with all recent events, we have a monthly summary where all important things are covered. You can find all the monthly summaries here.

Let us know in the comments :point_down: if we have forgotten any important milestones!

13 Likes

Thanks, Rhano! That’s a pretty long list of milestones and shows how active the ecosystem is! Time flies and hopefully Centrifuge gets the full attention it deserves very soon. RWAs are here to stay! :v: :index_pointing_at_the_viewer:

2 Likes

wen next wave comes, you (we) are going to ride it. #THE SUMMER OF RWA

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It is inevitable mate - I can hear you made it to the AMA!

DeFi had its summer, NFT had its spring - now add some RWA’s to that cocktail and we have ourselves a very interesting season :sunglasses:

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Thanks @Rhano for putting this together! Outlining the journey really lets you see how far we have come! Its a beautiful sight!

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awesome great project

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:partying_face:
And we can now add two more milestones to the already impressive list of milestones:

You can check the Altair App and the pool here. Note that this pool is for testing purposes and is not yet open for the public to invest in.

3 Likes