# Centrifuge Milestones - Looking Back

**URL:** <https://gov.centrifuge.io/t/centrifuge-milestones-looking-back/4317>\
**Category:** Announcements\
**Tags:** 2022, july\
**Created:** [July 6, 2022, 12:11pm UTC](https://gov.centrifuge.io/t/centrifuge-milestones-looking-back/4317 "2022-07-06T12:11:56Z")\
**Posts on this page:** 7\
**Page:** 1

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**Author:** ![Rhano](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/rhano/32/1014_2.png) [@Rhano](https://gov.centrifuge.io/u/Rhano)\
**Post date:** [July 6, 2022, 12:11pm UTC](https://gov.centrifuge.io/t/centrifuge-milestones-looking-back/4317/1 "2022-07-06T12:11:56Z")

</div>

🤯  
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!

🧑‍🤝‍🧑 👭 👫 👬  
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!

🛣  
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!

 ![image](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/3/3f2274dbdee98e4cafeee2e12b72c329c26b789e.png)

2018

MARCH

- 👶 [Centrifuge is born](https://medium.com/centrifuge/launching-centrifuge-dca7ae83ad07)
- 💰 [Centrifuge raises $3.8M](https://techcrunch.com/2018/03/06/blockchain-company-centrifuge-wants-every-business-to-get-paid-on-time/?guccounter=1)

MAY

- 📚 [Initial Centrifuge whitepaper released](https://medium.com/centrifuge/sharing-the-centrifuge-os-white-paper-a87fd7e20031)

OCTOBER

- 🧾 [First invoice NFT minted](https://medium.com/centrifuge/centrifuge-tokenized-invoices-as-collateral-for-dharma-loans-b214a23bc66)

2019

JUNE

- 📢 [Tinlake announced](https://medium.com/centrifuge/tinlake-bringing-individual-non-fungible-assets-to-defi-f5ff0c77cadd)

AUGUST

- 📬 [First version of Tinlake launches with successful pilot transaction with allowing to finance single NFT’s](https://medium.com/centrifuge/centrifuges-tinlake-goes-live-with-the-financing-of-more-than-usd180k-2cc6ce176a1b)

SEPTEMBER

- 💰 [Centrifuge receives €1.7M in grant from the European Regional Development Fund](https://medium.com/centrifuge/berlin-and-the-eu-support-building-the-centrifuge-chain-with-1-4-million-18636a81975c)

OCTOBER

- 💰 [Centrifuge raises $3.7M](https://medium.com/centrifuge/further-acceleration-in-centrifuges-journey-cac316e0d0b2)

2020

MAY

- 🚀 [Centrifuge mainnet goes live](https://medium.com/centrifuge/introducing-decentralized-asset-finance-onboarding-the-world-to-defi-f400ad906546)
- 🚀 [Second version of Tinlake launches with static pools, pooling multiple NFT’s and introducing two tranches](https://medium.com/centrifuge/introducing-decentralized-asset-finance-onboarding-the-world-to-defi-f400ad906546)

AUGUST

- 🌉 [Centrifuge bridges to Ethereum](https://twitter.com/mikiquantum/status/1297721488070643713)

OCTOBER

- 🚀 [Tinlake V3 launches with revolving pools](https://medium.com/centrifuge/tinlake-v3-growing-defi-usability-to-the-real-world-4d6acce869d8)

2021

FEBRUARY

- 💰 [Centrifuge raises $4.3M](https://www.coindesk.com/business/2021/02/23/galaxy-digital-iosg-lead-43m-funding-round-for-defi-bridge-centrifuge/)

APRIL

- 🪙 [DAI minted of Real World Assets from Centrifuge for the first time](https://medium.com/centrifuge/defi-2-0-first-real-world-loan-is-financed-on-maker-fbe24675428f)

MAY

- 🛒 [ICO on Coinlist](https://blog.coinlist.co/announcing-the-centrifuge-token-sale-on-coinlist/)

AUGUST

- 🤝 [Partnership with Defactor](https://finance.yahoo.com/news/defactor-centrifuge-announce-strategic-partnership-131000593.html)

OCTOBER

- 🏆 [Altair wins a parachain slot on Kusama](https://medium.com/altair-network/altair-hello-world-14ebfae58639)

DECEMBER

- 🚀 [RWA Market launches on Aave](https://medium.com/centrifuge/real-world-asset-market-what-is-it-and-how-will-it-work-e457dbcf689c)

2022

JANUARY

- 🏆 [Centrifuge wins a parachain slot on Polkadot](https://medium.com/centrifuge/parachain-secured-25bc09bc97cd)

APRIL

- 🚀 [Centrifuge parachain goes live](https://medium.com/centrifuge/the-centrifuge-parachain-is-live-69b252554528)
- 🤝 [Partnership with Flowcarbon](https://www.flowcarbon.com/knowcarbon/flowcarbon-partners-with-centrifuge)
- 🆕 [New process (POP) for onboarding pools introduced  
 ](https://gov.centrifuge.io/t/introducing-the-pool-onboarding-proposal-pop/3846)

MAY

- 🤝 [Partnership with BlockTower](https://finance.yahoo.com/news/centrifuge-blocktower-announce-3-million-140000412.html)
- 🤝 [Partnership with Bitcoin Suisse](https://www.bitcoinsuisse.com/news/bitcoin-suisse-integrates-centrifuge-into-vault)

JUNE

- ⛓ [Cross Chain Messaging (XCM) enabled between Altair and Karura](https://twitter.com/altair_network/status/1532075169937694721)
- 📝 [First POP submission received from issuer](https://gov.centrifuge.io/t/issuer-intero-capital-solutions/4108)
- 🪢 [Introducing Centrifuge Connectors](https://medium.com/centrifuge/introducing-centrifuge-connectors-b210783f255e) (launching with Ava Labs, Moonbeam and Nomad)

Coming next:

- 🌊 [Pools on Centrifuge](https://gov.centrifuge.io/t/pools-on-centrifuge-chain-are-coming/4040) (will launch on Altair first)
- 💻 [Centrifuge App](https://gov.centrifuge.io/t/enter-the-new-centrifuge-app/4072) (will launch on Altair first)

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](https://medium.com/centrifuge/real-world-defi-with-centrifuge-our-protocol-roadmap-d2fc14ff6acb).

Tinlake key metrics

[V2](https://v2.tinlake.centrifuge.io/) (May 2020 - October 2020):

Total financed = 3,610,462 DAI

 ![image](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/5/53cfd807deab98d2169aa6f285308190052dcb92.png)

[V3](https://tinlake.centrifuge.io/?showAll=true) (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 👀 |

 ![](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/b/b614fe0632095f2884d35c903c79980cefe2c085.png)

📈  
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.

🗓  
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](https://gov.centrifuge.io/tag/monthly-summary).

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

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<div class="post-metadata">

**Author:** ![Tjure07](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/tjure07/32/1039_2.png) [@Tjure07](https://gov.centrifuge.io/u/Tjure07)\
**Post date:** [July 6, 2022, 12:31pm UTC](https://gov.centrifuge.io/t/centrifuge-milestones-looking-back/4317/2 "2022-07-06T12:31:43Z")

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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! ✌ 🫵

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**Author:** ![Vad](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/vad/32/1566_2.png) [@Vad](https://gov.centrifuge.io/u/Vad)\
**Post date:** [July 6, 2022, 7:50pm UTC](https://gov.centrifuge.io/t/centrifuge-milestones-looking-back/4317/3 "2022-07-06T19:50:16Z")

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

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<div class="post-metadata">

**Author:** ![Rhano](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/rhano/32/1014_2.png) [@Rhano](https://gov.centrifuge.io/u/Rhano)\
**Post date:** [July 6, 2022, 7:55pm UTC](https://gov.centrifuge.io/t/centrifuge-milestones-looking-back/4317/4 "2022-07-06T19:55:43Z")

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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 🕶

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**Author:** ![sirj](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/sirj/32/2029_2.png) [@sirj](https://gov.centrifuge.io/u/sirj)\
**Post date:** [July 6, 2022, 8:06pm UTC](https://gov.centrifuge.io/t/centrifuge-milestones-looking-back/4317/5 "2022-07-06T20:06:43Z")

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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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<div class="post-metadata">

**Author:** ![empera22r](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/empera22r/32/1451_2.png) [@empera22r](https://gov.centrifuge.io/u/empera22r)\
**Post date:** [July 8, 2022, 8:24am UTC](https://gov.centrifuge.io/t/centrifuge-milestones-looking-back/4317/6 "2022-07-08T08:24:05Z")

</div>

awesome great project

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<div class="post-metadata">

**Author:** ![Rhano](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/rhano/32/1014_2.png) [@Rhano](https://gov.centrifuge.io/u/Rhano)\
**Post date:** [August 1, 2022, 8:57pm UTC](https://gov.centrifuge.io/t/centrifuge-milestones-looking-back/4317/7 "2022-08-01T20:57:40Z")

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

- [Altair secured another slot as a Kusama parachain](https://medium.com/altair-network/altair-we-got-a-parachain-again-784c7c296abb)

- [The first pool on the Altair App has gone live](https://gov.centrifuge.io/t/pools-on-altair-live/4407)

You can check the Altair App and the pool [here](https://app.altair.network/investments/3570548277). Note that this pool is for testing purposes and is not yet open for the public to invest in.
