Cerra.io has made impressive advancements recently, successfully launching its second product on the mainnet. Now, the platform offers both a decentralized exchange (DEX) and peer-to-peer (P2P) lending services.
Additionally, the team has introduced a Profit-Sharing module, which will go live shortly after the public sale concludes. This module is currently undergoing an audit, and once finalized, it will unlock the full potential of the CERRA token. Token holders will be entitled to 100% of the ADA profits generated by the platform.
All these achievements have been accomplished in just eight months, with the team bootstrapping development, marketing, and audits. This demonstrates the team’s dedication to the Cardano community.
Public Sale Details
- Website: https://sale.cerra.io/
- Date: 12:00 UTC, June 11th, 2024
- Tokens Allocated: 10M CERRA (20% of the total supply)
- Sale Type: Pro Rata
- Total Raise Goal: 8M ADA
- Estimated Price Per CERRA: 0.8 ADA
- Sale Duration: 48 hours
- Token Distribution: Tokens, refunds, and referral rewards will be airdropped after the event completion.
Future Project Development
Pool Lending
The next phase of the lending protocol will adopt a Peer-to-Pool approach. This will require extensive research and development to create a structure similar to established entities like AAVE.
Decentralized Derivatives Trading
Derivatives trading will bridge P2P lending and spot swaps by introducing parameters like positions, shorting, longing, and leverage. Each parameter will offer functionalities similar to those on centralized exchanges.
Decentralized Oracles 2.0
Cerra.io’s lending already utilizes in-house decentralized oracles. The team plans to upgrade to version 2.0 to enhance the current setup in line with the evolving DEX landscape and functionalities.
Token Utility – Profit Sharing Module
CERRA utility token holders are actual owners of the platform, incentivized to actively use and promote it. Their engagement directly enhances the value of their tokens. Entities holding a significant portion of the total token supply are motivated to invest in and improve the platform, benefiting both themselves and the wider community.
- Staking: Stake your $CERRA tokens to receive a proportional share of 100% of platform profits.
- DAO Voting: Use your $CERRA tokens to contribute to Cerra.io’s development and operational direction.
- Farming: Provide liquidity to AMM Pools, Lending Pools, and Derivatives to earn $CERRA incentives.
- Governance: Propose or vote on platform features, upgrades, resource allocation, and more.
Cerra.io continues to innovate and expand its offerings, solidifying its position as a leader in the decentralized finance space. The upcoming public sale and future developments highlight the platform’s commitment to providing valuable services to its community.
