Just like the cash in your wallet comes from many people, your Circles balances is made up of gCRC issued by different users. You'll only ever hold gCRC from people you trust.
Users who qualify as Backers can swap gCRC on Gnosis. Currently, gCRC can be exchanged for supported assets (USDC, xDAI, EURe, GBPe, GNO). However, it is important to understand that not all CRC held in your wallet may be immediately tradable.
Why Can't I Trade All of My gCRC?
The amount of gCRC you can trade depends on several factors related to the gCRC you currently hold and your position within the network.
The tradable portion of your balance is calculated automatically and displayed within the Gnosis App.
What determines whether my gCRC Is Tradable?
1. The Composition of your gCRC Holdings
CRC tokens can originate from different individuals within the network.
As a result, the tradability of your balance depends on:
Who originally created the CRC you currently hold.
How those CRC entered your wallet.
Whether a valid swap route exists for those specific tokens.
Different gCRC holdings may therefore have different levels of tradability.
2. Your Connections
Tradeability is influenced by the trust connections between participants in the network. In particular, it depends on whether:
You are directly connected to the gCRC issuer.
The issuer is considered a Backer.
Stronger and broader trust connections generally improve the likelihood that gCRC can be traded.
3. Availability of a Valid Return Path
For a swap to be possible, the system must be able to identify a valid path through the network that connects the gCRC you hold back to your own tokens. If no suitable path exists, some or all of your gCRC may not be tradeable, even if you hold a significant balance.
4. Available Network Liquidity
Tradability also depends on liquidity available across the network at the time of the swap. Even when a valid trading path exists, insufficient liquidity may limit the amount of CRC that can be exchanged.
How Groups affect my gCRC tradeability
Your selected Group can affect how tradability is calculated. The Group setting influences which trust relationships and network paths are considered when determining whether your gCRC can be swapped.
How can I Increase the amount of gCRC I can Trade?
If only a small portion of your gCRC is currently tradable, consider the following:
Build stronger trust connections within the network.
Expand your network of trusted participants.
Increase your activity and engagement within the ecosystem.
Accumulate a more diversified balance of gCRC.
Users with smaller balances that consist primarily of gCRC issued by other participants may benefit most from strengthening their network connections and trust relationships.
Where Can I see my tradable Balance?
Your currently tradable gCRC balance is displayed directly within Gnosis App.
1. Go in the "You" tab
2. Click on the gCRC amount
3. See your gCRC Breakdown
This value is updated based on your holdings, trust relationships, affiliate group selection, available trading paths, and network liquidity.