Announcing Altair: Centrifuge’s Kusama Parachain

Push the limits of financing your assets on Kusama.

Centrifuge is excited to introduce the world to Altair — the home for financing assets on Kusama. Built for risk-takers and innovators who dare to push the limits of DeFi: powered by the AIR token
Take Your Assets Interstellar 💫 with Altair.
Altair combines the industry-leading infrastructure built by Centrifuge to finance real-world assets (RWA) on Centrifuge Chain, with the newest experimental features — before they go live on Centrifuge Chain.

Altair is built using Substrate, and will have nearly the same codebase as Centrifuge Chain (just like Kusama is to Polkadot!). It is an experimental network for users who want to test the bounds of asset financing. From art NFTs to undiscovered assets — Altair enables users to tokenize their most experimental assets and finance them. It is the next step for anyone looking to unlock financing for their assets.
Interoperability is the key to increasing liquidity in DeFi. Altair will bridge across the Kusama, Polkadot, and Ethereum ecosystems to allow assets to access financing wherever it is available. In the future, Altair can connect more and more projects across these ecosystems — using Kusama to allow anyone to access DeFi liquidity. The more connected chains, protocols, and Dapps are — the greater the flow of liquidity will be.

Kusama is an experimental development environment for teams who want to move fast and innovate, and to prepare for deployment on Polkadot. Kusama provides much faster and daring parameters — which will allow for rapid progress and growth on Altair.

Using Altair, anyone can tokenize their assets and use them as collateral to access financing through Tinlake, our asset-backed lending Dapp. Users originate individual non-fungible assets used as collateral for loans, and Altair connects users to the DeFi ecosystem on Kusama and enables borrowing from many other protocols.
Altair is built by Centrifuge, and owned and governed by the community from day 1* of launch.

The untapped multi-trillion dollar market of real-world assets (RWA) is now entering Decentralized Finance (DeFi) through Centrifuge: the first protocol to connect DeFi to the real-world. Businesses are using Centrifuge today to access the liquidity that DeFi offers, while investors finance assets for an attractive, stable yield.
Centrifuge has the highest TVL in the Polkadot ecosystem — and will be among the first to launch a Parachain on Polkadot. Centrifuge chain is built on Polkadot for speed and low fees, while its financing Dapp, Tinlake, is built to access the massive liquidity on Ethereum. The native token CFG has its own bridge to Ethereum.

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