Passive Income with Cerra.io: Join the Future of Cardano DeFi:

cryptonews.com:

Cerra.io stands as a decentralised finance (DeFi) platform where users have ownership, fueled by the CERRA utility token, which operates on the Cardano blockchain. CERRA utility token serves as the primary catalyst for the Cerra.io economic activities and represents a share of ownership in the platform. The platform’s profits are distributed among CERRA token holders through staking, ensuring that all circulating tokens are entitled to receive 100% of the platform’s earnings. Holding and staking CERRA tokens guarantees a supply of passive income.

All of the Cerra.io components are fully decentralised and open-sourced, which means that the engine of the platform is being run by Smart Contracts, that talk to each other independently and Cerra.io acts as an interface, opposed to being a centralised setup like its’ predecessors on other chains. CERRA utility token acts as the fuel of the platform and the one and only true source of ownership.

Cerra.io is already live and can be accessed at app.cerra.io – the platform is generating revenue through the provision of significant DeFi services and collecting fees for their usage. All fees resulting from interactions with Cerra.io DeFi smart contracts are automatically funnelled into the Treasury smart contract. Subsequently, the Treasury smart contract releases a specified sum of funds, based on the amount of CERRA tokens staked within it – this is exactly what passive income stands for!

This groundbreaking platform is utilising Decentralised Oracles, never seen in any Cardano dApp up until now. The functionality paves the way towards true decentralisation.

A breakdown of how the smart contracts interact with each other:

Cerra.io platform comprises of these key DeFi services:

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