CTC Token 101
CTC Token 101
Section titled “CTC Token 101”What is CTC?
Section titled “What is CTC?”CTC is the native token that powers the Creditcoin ecosystem. It uses a multichain token architecture that enables network security, smart contract interactions, cross-chain liquidity, and decentralized governance.
This guide explains the different CTC token types and how they work across Creditcoin’s Substrate and EVM layers, as well as Ethereum.
CTC on Creditcoin
Section titled “CTC on Creditcoin”Two primary forms of CTC exist within the Creditcoin network:
CTC (Native): Used on the Creditcoin network for staking, governance, validator participation, and payment of Substrate-based transaction fees.
CTC: Powers Creditcoin’s EVM layer. Used for smart contract interactions with dApps, trading on Penguinswap for ecosystem tokens, and paying gas fees on Creditcoin EVM.
Learn how to bridge between CTC (Native) and CTC (EVM) using Credit Wallet here.
CTC on Ethereum
Section titled “CTC on Ethereum”CTC (G-CRE): Creditcoin’s ERC-20 token is available and listed as CTC on major centralized exchanges, and the same version is listed as G-CRE on decentralized exchanges. It’s often the easiest way to get started, as you can bridge it to the Creditcoin network using the Swap CTC tool.
WCTC (new): Upgraded wrapped token version of Creditcoin’s native token on Ethereum, enabling seamless transfers between the Creditcoin, Ethereum, and BSC networks. Unlock cross-chain DeFi access! Available on Uniswap.
WCTC (old): Legacy wrapped token with limited Uniswap liquidity, gradually being deprecated.
Switch Assets Between Networks
Section titled “Switch Assets Between Networks”Move CTC tokens between supported networks using:
- Swap CTC tool: One-way bridge from CTC (G-CRE) to CTC.
- Wormhole Portal Bridge: Two-way bridge for WCTC supporting cross-chain transfers between Creditcoin, Ethereum, and BSC.
Why Use CTC?
Section titled “Why Use CTC?”CTC enables you to participate in and benefit from the Creditcoin ecosystem. Whether you’re earning staking rewards, building on the EVM layer, voting on protocol upgrades, or accessing airdrops from emerging projects, it’s how you access and engage with the network built for purpose-driven missions.
💡 Ready to get started? Learn how to acquire CTC assets here.