Recently, profit-sharing DeFi protocols have become a hot topic, urging projects to rethink their strategies and involve their communities in earnings. From its inception, Cerra.io has been a frontrunner in this movement, building its framework to prioritize community ownership.
Through various DeFi instruments like P2P lending, AMM, and Derivatives, Cerra.io generates fees. The platform doesn’t just pocket these fees; they flow into a treasury smart contract. But here’s the exciting part: these earnings are distributed among holders of CERRA tokens. Yes, you read that right! If you hold CERRA tokens, you’re directly benefiting from the platform’s success.
The goal here is empowerment, not simply financial gain. To give users a genuine investment in the platform’s expansion and success, Cerra.io shares its earnings with its community. You are joining a community with a common goal and rewards when you sign up for Cerra.io, rather than merely using a platform. Community ownership has that kind of power. It is Cerra.io.
Cerra.io AMM Testnet: Revolutionizing DeFi on Cardano
Cerra.io’s second product within the DeFi ecosystem, the AMM Testnet, has launched, which is a significant milestone for the project. Designed to improve the platform’s sustainability and community benefits, this novel feature will send fees into the treasury smart contract.
Here’s what sets Cerra.io’s AMM apart:
Streamlined Interface:
Prioritising user experience, Cerra.io offers a unified interface where users can seamlessly execute various actions, from simple swaps to liquidity deposits or pool creations.
Decentralized Oracles:
Utilizing free price sources stored within the Inline Datum, Cerra AMM token prices are easily accessible through Reference Inputs. This ensures accessibility for all Cardano Apps and Smart Contracts, without the burden of additional costs.
Plutus V2 Advancement:
With Plutus V2, Cerra.io achieved significant progress in smart contract language usage compared to its predecessor. This upgrade not only benefits the Cardano but also outperforms existing DEXes by reducing block space requirements and chain load. The result? Improved efficiency and performance.
Instant Synchronization:
Using WebSockets, Cerra.io’s AMM keeps you in sync with the blockchain instantly. You get notified about changes in the blockchain almost instantly, giving you a smoother experience than other AMM options on Cardano.
Cerra.io’s AMM Testnet is ready to revolutionize DeFi on Cardano. It promises users a smooth, fast, and profitable trading journey.
Fueling the Future: Cerra.io’s Next Bold Moves
Following the successful launch of Cerra AMM, their second product, the team is now gearing up for the next big step. They’re implementing the Decentralized Profit-Sharing Treasury model. This feature is pivotal and represents a crucial milestone for the platform.
With this implementation, they’ll complete the initial cycle of product releases planned for the first half of 2024. This sets the stage for Cerra.io to realize its true potential. It’s an exciting time for them as they continue to innovate and evolve in the dynamic world of decentralized finance.
Their presale stage approaches its end on March 29th. There’s still time for early adopters to join them on this journey. These remaining two weeks present a prime opportunity for those looking to get in on the ground floor of a project poised for success.
So, what’s next for Cerra.io? It’s all about building on their momentum, delivering on their promises, and creating values.
