Circles mechanism and utility

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Groups in Circles 2.0 pool individual CRC into fungible community tokens to coordinate local economies at scale
Circles Marketplace will allow spending CRC with vetted vendors after launch, bringing the currency into everyday commerce
Circles applies an annual 7% reduction to all CRC balances to incentivize consistent usage and limit long-term accumulation, ensuring active circulation within its decentralized trust economy
CRC is a personal token issued by each user at a fixed hourly rate, designed to function as a local currency between trusted peers in the Circles ecosystem

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Gnosis launches Circles 2.0

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