Circles (CRC) are at the center of Gnosis App dynamic allowing a different paradigm than the traditional banking application. CRC is designed to return value back to users.
When you spend, you help create value in the app (fees, offers, etc.)
Part of that value is given back to you in CRC, similar to a dividend
CRC is backed and usable:
You can spend it, convert it to EUR, or use it for offers
It’s meant to be a more community-driven, flexible alternative to traditional points
So instead of generic points, you get usable currency within the ecosystem.