Cedro Finance
An omni-chain Lending & Borrowing Platform. Token Lending & Borrowing across chains made easier, faster, and safer
Get Arshidleox’s stories in your inbox
Join Medium for free to get updates from this writer.
Cedro Finance is a cross-chain decentralized liquidity protocol where users can lend and borrow the listed assets across multiple chains with affordable transaction fees. Lenders are able to deposit their assets to contribute to the liquidity of the platform and borrowers are able to borrow the liquidity in an overcollateralized manner
Cedro as an Ecosystem
One of the major goals of Cedro Finance is to act as a cross-chain Liquidity Layer over time. Builders will be able to use Cedro’s Liquidity and codebase to build their applications without having to worry about liquidity on their platform. A few out of the many applications that can be built using Cedro as the infrastructure are:
- Overcollateralized Decentralized Omnichain In Case Of Stablecoins
- Lending & Borrowing Platforms
- Cross-chain DEXs
- Omnichain Yield Aggregators
- Cross-chain Perpetual Trading Platforms
- Credit line for fiat Platforms
- peer to peer action
CED Token (Native Token)
CED is the native utility token for Cedro Finance. It will be deployed on all the chains supported by the protocol. This token will be allocated to those who provide value to the protocol i.e. Lenders, Borrowers, and Stakers.
Revenue Distribution
Cedro Finance makes revenue from the protocol fees. The profit will be distributed as follows:
- Cedro’s Treasury: 65%
- CED and veCED holders: 25%
- veCED holders: 10%
treasury fund will be used for protocol upgradation and improvement and make the protocol self-sustainableToken Allocation
Token Allocation
The total token supply is 500M.
- 50% of the total supply will be used for community development purposes and vested linearly for 4 years.
- 20% of the total supply is allocated to the private investors with a 9 months cliff and 2 to 3 years linear vesting based on the investment round.
- 20% of the total supply is allocated to the team and advisers with a 9 months cliff and 3 years linear vesting.
- 10% is allocated to public sale and market making
twitter link https://twitter.com/cedro_finance
telegram https://t.me/cedrofinance
discord https://discord.com/invite/R2KmG7bSEm
use protocol at https://app.cedro.finance
