Since the launch of their decentralized application just a month ago, the momentum has not slowed down. The team has forged new partnerships, introduced additional products, improved the user experience and is in the process of conducting a thorough smart contract audit. The Cerra.io team is on an unwavering path of progress.
P2P Lending Smart Contract Audit:
The live implementation of the product just before Christmas 2023 was strategically timed. Cerra differentiates itself as a lending option by using internally developed decentralized oracles. Although these characteristics emphasize innovation, the paramount importance of safety and impeccability led the team to look for an external auditor. Meet Tweag, a leading accounting firm with a wealth of experience, which guarantees the integrity and safety of the product. Tweag has an impressive track record of conducting audits for projects within Cardano, such as Minswap, GeniusYield, GeroWallet and many others. The audit is progressing at a rapid pace and should enter its final phase in the coming weeks, according to the team.
Presale:
Currently, the pre-sale phase takes place directly on the newly established website: cerra.io/presale. Steady progress is being made in aligning platform development and feature releases. Make sure you check it out and join the early-birds team.
Development updates:
In the dynamic world of cryptocurrency, ‘DePIN’ has become a buzzword. Cerra.io seized the opportunity presented by Iagon, a Cloud Computing Platform within the Cardano ecosystem, and became the first dApp on Cardano to leverage decentralized storage.
Moving forward, a recent announcement from the team will bring another interesting feature to the platform. The Xerberus Risk Rating system helps lenders and traders manage their exposure while using Cerra. The feature will go live after the next major risk upgrade that Xerberus plans in late February/early March!
In addition, substantial UX improvements have been implemented, such as order filtering, faster loading times, live blockchain queries, and an improved order creation wizard, to improve the user experience.
Upcoming AMM swap:
As a hub for Passive Income DeFi, Cerra.io doesn’t settle for a single product. The team is excited to announce an upcoming release, AMM Swap, scheduled to launch before the end of Q1 2024. The Swap brings a status quo to the existing options, with new out-of-the-box features. This addition aims to increase liquidity, drive product adoption and increase fee generation, with the promise of offering the lowest trading costs on the market. All resulting fees will be shared with valued CERRA token holders. This journey will be marked by continued innovation, and Cerra.io is excited to push for more progress and innovation along the way.
In conclusion, Cerra.io is at the forefront of the Cardano ecosystem, shaping the decentralized passive income landscape with relentless dedication and constant innovation. From strategic partnerships and robust security measures to pioneering the use of decentralized solutions and introducing new products like AMM Swap, the journey is marked by progress. While the team continues to push boundaries and improve the user experience. Stay tuned for more groundbreaking developments from Cerra.io
Website – https://cerra.io/
Tweet – https://twitter.com/Cerra_io
Disagreement – https://discord.com/invite/NAhSpAvg4a
White paper – https://documentation.cerra.io/cerra_io/
Disclaimer: This is a paid post and should not be treated as news/advice.