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Cardano DeFi Hub Cerra.io – Gears up for a Public Sale

2 mins
Updated by Maria Petrova
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Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions.

Cerra.io has been making significant strides lately, with the successful launch of its second product on the mainnet.

Now, it offers both a DEX and P2P-Lending services on a single platform. The team has also introduced a Profit-Sharing module, which will go live shortly after the public sale wraps up. Currently, it’s undergoing an audit, and once finalized, the full potential of the CERRA token will be unleashed. Token holders will then be entitled to 100% of the ADA profits generated by the platform.

All of this has been achieved during the period of 8 months, where the team  mostly bootstrapped all development, marketing activities and audits. Showing the true dedication by the team to the Cardano Community.

Public Sale Details

Where?: Website

Date: 12.00 UTC June 11th, 2024

CERRA Tokens Allocated: 10M (20% of the total supply)

Sale Type: Prorata

Total Raise Goal: 8M ADA

CERRA Price if the Goal is reached: 0.8 ADA

Sale Duration: 48h

Token Distribution: Airdropped After the Event Completion, refunds and referral rewards also Airdropped post event

Token Utility

Given that CERRA utility token holders are actual owners of the platform, they are incentivized to actively utilize and advocate for the platform. This active engagement directly enhances the value of their tokens. Entities holding a substantial portion of the total token supply are motivated to invest in and enhance the platform, thereby increasing returns not only for themselves but also for the wider community.

  • Staking – Stake your $CERRA tokens, receive a proportional amount of 100% of platform profits.
  • DAO voting – Allocate your $CERRA tokens and contribute to Cerra.io development and operational direction.
  • Farming – Provide liquidity to AMM Pools / Lending Pools / Derivatives and receive $CERRA incentives.
  • Governance – Propose or vote on certain platform features, upgrades, resource allocation and more.

Referral System

Each community member can become a CERRA token sale referral. Once a wallet is connected, an automatic referral code is generated. After sharing the code with your friends, and they participate in the event, you receive a commission, equal to 10% of their contribution, paid in CERRA tokens.

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Disclaimer

This article contains a press release provided by an external source and may not necessarily reflect the views or opinions of BeInCrypto. In compliance with the Trust Project guidelines, BeInCrypto remains committed to transparent and unbiased reporting. Readers are advised to verify information independently and consult with a professional before making decisions based on this press release content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

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