CUSTODIY [OLD]Price

(CTY)

CUSTODIY is a global Web3 project focused on creating and processing smart contracts. Its primary goal is to facilitate secure payments for goods and services, especially where liquidity guarantees are required before delivery. The platform aims to serve individual users, corporations, and even centralized banking sectors, ensuring transactional security through blockchain-verified smart contracts.

CUSTODIY addresses the significant risks associated with unclear or unpaid debts in transactions involving goods and services. It provides a robust solution by offering contracts that enable the demonstration and provision of liquidity-based guarantees. This mechanism ensures that all transactions are secured and verified efficiently through the immutable nature of blockchain technology and smart contracts, mitigating common financial uncertainties.

Yes, CUSTODIY (CTY) has recently undergone a migration from its older smart contract to a new one. Holders of the "OLD" CTY token are strongly advised to be aware of this significant change and to actively seek updated information regarding the new token on its dedicated project page. This migration impacts the contract address and potentially other token functionalities.

The 'CUSTODIY [OLD]' (CTY) token is available for trading on decentralized exchanges, such as PancakeSwap (v2). For the newer, migrated CUSTODIY token, it can be found on reputable centralized exchanges like LBank and other similar platforms. Users should verify the correct contract address before engaging in any trading activities to ensure they are interacting with the intended token version.

Yes, CTY tokens can be staked within liquidity pools. The Annual Percentage Yield (APY) for staking is variable, influenced by factors such as liquidation events and CTY token emissions. Associated risks include potential vulnerabilities within smart contracts and the possibility of liquidations, where staked CTY might be converted into collateral. While CUSTODIY has reportedly undergone security audits, all DeFi protocols carry inherent risks. Importantly, there is typically no lockup period for CTY deposited in the Stability Pool, offering flexibility.

Users should be aware that the token's smart contract may incorporate a variable tax function, allowing the creator to adjust tax rates even after deployment. This flexibility could impact transactions. Therefore, it is strongly advised that users exercise significant caution and perform thorough due diligence and independent research before engaging in any trading activities involving this token. Always understand the full implications of contract features.