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Cerra.io's Recent Developments and Future Roadmap

Jun 11, 2024

Cerra.io's Recent Developments and Future Roadmap

Cerra.io has made significant progress recently, marking the successful launch of its second product on the mainnet. The platform now offers both decentralized exchange (DEX) and peer-to-peer lending services integrated into a single platform. Alongside these services, a Profit-Sharing module has been introduced by the team, set to be activated post the conclusion of the public sale. Currently undergoing an audit, the module aims to unlock the full potential of the CERRA token, granting token holders 100% of the ADA profits generated on the platform.

This remarkable journey spans over 8 months where development, marketing endeavors, and audits were primarily self-funded, showcasing the team's commitment to the Cardano community.

Public Sale Details

  • Where? Sale website
  • Date: 12.00 UTC, June 11th, 2024
  • CERRA Tokens Allocated: 10 million (20% of total supply)
  • Sale Type: Pro Rata
  • Total Raise Goal: 8 million ADA
  • Estimated Price Per CERRA: 0.8 ADA
  • Sale Duration: 48 hours
  • Token Distribution: Airdropped after event completion; refunds and referral rewards also airdropped post-event.

Future Project Development

  1. Pool Lending - The next phase of the lending protocol at Cerra.io involves a Peer-to-Pool approach, requiring extensive research and development efforts to create a structure similar to established entities like AAVE in the cryptocurrency domain.

  2. Decentralized Derivatives Trading - The platform envisions derivatives as a fusion of P2P lending and spot swaps, achieved by adjusting parameters such as Position, Shorting, Longing, Leverage, to offer a trading experience akin to centralized exchanges.

  3. Decentralized Oracles 2.0 - The lending operations on Cerra.io currently rely on in-house built decentralized oracles. The team plans to upgrade to version 2.0, enhancing the system with evolving functionalities and adapting to the decentralized exchange landscape.

Token Utility - Profit Sharing Module

CERRA utility token holders, as true owners of the platform, are encouraged to actively engage and support the platform, directly increasing the value of their tokens. Major token holders are incentivized to invest in and improve the platform, boosting returns for themselves and the community.

  • Staking - Stake CERRA tokens to receive a portion of 100% platform profits proportionally.
  • DAO Voting - Utilize CERRA tokens for voting on Cerra.io's development and operational decisions.
  • Farming - Provide liquidity to AMM Pools, Lending Pools, or Derivatives to earn CERRA incentives.
  • Governance - Participate in proposing or voting on platform features, upgrades, resource allocation, and more.

Referral System

Community members can act as CERRA token sale referrals by generating automatic referral codes to share with friends. Referrers earn a commission equivalent to 10% of their friends' contributions in CERRA tokens.

Over 200 referral codes have been generated to date, showcasing early community dedication to the project. Visit the sale website for detailed information and purchase form, available for 48 hours only.

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