See More

Cardano DeFi Hub Cerra.io – Public Sale is Live!

2 mins
Updated by Maria Petrova
Join our Trading Community on Telegram
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 recently achieved major milestones, notably launching their second product on the mainnet.

The platform now hosts both a decentralized exchange (DEX) and peer-to-peer (P2P) lending services. Additionally, Cerra is introducing a Profit-Sharing module, set to go live soon after the conclusion of their public sale. This module is currently undergoing an audit, and upon its completion, the full benefits of the CERRA token will be realized. Token holders will be eligible to receive 100% of the ADA profits generated by the platform.

All these advancements have been accomplished over an eight-month period, primarily through self-funded efforts in development, marketing, and audits. This demonstrates the team’s dedication 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: Pro Rata

Total Raise Goal: 8M ADA

Estimated Price Per CERRA: 0.8 ADA

Sale Duration: 48h

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

Future Project Development

  • Pool Lending: The next phase of the lending protocol will adopt a Peer-to-Pool model. This requires extensive research and development to build a structure similar to established platforms like AAVE.
  • Decentralized Derivatives Trading: Cerra plans to integrate derivatives trading, bridging the gap between P2P lending and spot swaps. This will involve parameters like positions, shorting, longing, and leverage, offering functionalities akin to centralized exchanges.
  • Decentralized Oracles 2.0: The current lending operations are supported by in-house decentralized oracles. Cerra aims to upgrade to version 2.0, enhancing the system to keep pace with the evolving DEX landscape and functionalities.

Token Utility – Profit Sharing Module

CERRA token holders are actual owners of the platform, incentivized to use and promote it actively, thereby increasing the value of their tokens. Major token holders are encouraged to invest in the platform, driving higher returns for themselves and the broader community.

  • Staking: Stake $CERRA tokens to receive a proportional share of 100% of platform profits.
  • DAO Voting: Use $CERRA tokens to participate in the development and operational decisions of Cerra.io.
  • Farming: Provide liquidity to AMM Pools, Lending Pools, or Derivatives to earn $CERRA incentives.
  • Governance: Propose or vote on platform features, upgrades, and resource allocation.

Referral System

Community members can become CERRA token sale referrers. Once a wallet is connected, a referral code is automatically generated. Sharing this code allows users to earn a 10% commission, paid in CERRA tokens, for any contributions made by their referrals.

To date, over 200 referral codes have been generated, reflecting the community’s strong commitment from the project’s early stages.

Visit sale.cerra.io for more details and to participate in the sale. The opportunity will be available for only 48 hours!

Follow Cerra on X.com, Discord, and our Website for updates and information. X.com | Discord | Website

Top crypto projects in the US | July 2024
Harambe AI Harambe AI Explore
Uphold Uphold Explore
Coinbase Coinbase Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | July 2024
Harambe AI Harambe AI Explore
Uphold Uphold Explore
Coinbase Coinbase Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | July 2024

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.

images-e1706008039676.jpeg
Advertorial
Advertorial is the universal author name for all the sponsored content provided by BeInCrypto partners. Therefore, these articles, created by third parties for promotional purposes, may not align with BeInCrypto views or opinion. Although we make efforts to verify the credibility of featured projects, these pieces are intended for advertising and should not be regarded as financial advice. Readers are encouraged to conduct independent research (DYOR) and exercise caution. Decisions based on...
READ FULL BIO
Sponsored
Sponsored