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Cerra.io is a decentralized finance (defi) platform with user ownership based on Cardano’s CERRA utility token.
The CERRA utility token is the main catalyst for economic activity on Cerra.io. This represents an ownership stake in the platform.
Revenues are distributed to CERRA token holders through staking, ensuring that all circulating tokens receive 100% of the revenue.
Holding and staking CERRA can be a source of passive income.
Cerra.io components are fully decentralized and open source. This means that the platform’s engine is run by smart contracts, and Cerra.io acts as an interface instead of a centralized setup like previous components on other chains.
CERRA is a utility token and the only true source of ownership.
Cerra.io is already active and can be accessed at app.cerra.io. The platform provides DeFi services to generate revenue and collect usage fees.
All fees resulting from interaction with the Cerra.io smart contract are automatically funneled into the Treasury smart contract.
The Treasury smart contract then releases a specified amount of funds based on the staked CERRA amount.
The platform also uses decentralized oracles.
Analysis of how smart contracts interact with each other:
The Cerra.io platform consists of the following defi services:
- P2P lending: Creating each borrowing or loan request incurs a fixed ADA fee on the Treasury smart contract.
- Spot exchange: All swaps executed within the liquidity pool are subject to a fixed ADA fee on the Treasury smart contract.
- Pool Loan: Borrowing from liquidity pools incurs a set ADA percentage fee, which is also credited to the Treasury smart contract.
- Derivatives: Opening each position requires a fixed ADA fee to be deposited into the Treasury smart contract.
More products will be introduced into the ecosystem in the development phase from 2024 to 2025.
Cerra.io Token
Total supply is 50 million CERRA.
Its scarcity and adoption may support its price.
Pre-sale is underway with the goal of public sale in the second quarter of 2024.
token utility
- staking – Stake CERRA proportional to 100% of platform profits.
- possession – By owning CERRA, you end up using the platform for free and generating passive income.
- DAO Voting – Assign CERRA and contribute to Cerra.io development and operational direction.
- Agriculture – Provide liquidity to spot swap pools/lending pools/derivatives and receive CERRA incentives.
- rule – Suggest or vote on specific platform features, upgrades, resource allocation, etc.
Token economics analysis:
roadmap
roadmap
2023 was the year the platform launched, with its initial products being peer-to-peer lending and temporary trading capabilities provided by third-party providers.
2024 begins with further improvements to the platform. AMM Swap is the next key product in the ecosystem and will drive further adoption of Total Value Lock (TVL) and Cerra.io.
In the future, the structure behind the passive income engine will be developed where true profit sharing functionality will be enabled.
Pooled loans and derivatives will follow. These features build on previously developed P2P lending/AMM swap products.
All smart contracts are open sourced for transparency.
conclusion
Cerra.io sets a precedent for other projects and provides a profit-sharing model that leverages true decentralization.
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