What is Civilization? Using blockchain technology, Civilization (CIV) is the world’s first community-run decentralized exchange (DEX) fund. In this article, you can find answers to frequently asked questions such as what is Civilization, what it offers, what is CIV coin, how to get it, what is it used for. As Kriptokoin.com, we have prepared it for our curious readers. Let’s examine the project together.
What is Civilization?
Civilization is a blockchain project that set out to create the world’s first decentralized investment fund. Funded and managed by its community, the project works as a staking protocol for decentralized exchanges (DEXs). The protocol aims to offer all the privileges of decentralized finance (DeFi) to its users. In this context, the protocol considerably reduced the transaction fees charged from the transactions performed on it. Users can perform transactions on the platform with almost zero costs. The native cryptocurrency of the protocol is CIV coin. Powering the project, this cryptocurrency gives users access to a variety of products and features.
The Civilization platform increases trading efficiency by generating algorithms that can be enjoyed by all users on a global scale. The community-managed platform is completely open source. The platform, which has a 100% auditable code structure, allows users to obtain high returns with minimum risk with its artificial intelligence algorithms. Users can automate multiple investment strategies within the network and earn high returns through DEX staking.
What is a CIV coin? What is it used for?
CIV coin is a token that works as the native cryptocurrency of the Civilization platform. The token, whose maximum supply is limited to 300 million, has a deflationary structure. CIV is built on the Ethereum Blockchain with the ERC-20 smart contract. The token has several use cases, such as ensuring the decentralization of the platform. By using the token, users can obtain various advantages and perform transactions within the network.
CIV holders can participate in the management of the platform and vote on the decisions taken. CIV holders can also propose changes by submitting proposals to the community. Users have to pay with CIV coins to lock assets into the platform’s liquidity pools. In addition, CIV coin also has a staking feature. Users can lock their assets on the platform and earn additional token rewards at maturity. Liquidity providers are incentivized by the platform with CIV rewards.
How to get CIV coins?
CIV coin is not currently traded on large centralized exchanges (CEXs). Currently, cryptocurrency exchanges such as Uniswap, BitMart, BKEX, 1inch, and ShibaSwap list the token. Investors interested in the Civilization project must first become a member of one of these exchanges. Fully registered investors can purchase the token by depositing fiat currencies such as dollars or lira into their wallets.
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