Cerra.io gains momentum with audit, Pre-Sale, DEX Launch and more

Since the launch of their decentralized application just a month ago, the momentum has not wavered. The team has forged new partnerships, introduced additional products, enhanced user experience, and is in progress of conducting a thorough smart contract audit. The Cerra.io team is on an unwavering trajectory of advancement.

P2P-Lending Smart Contract Audit:

The live deployment of the product just before Christmas 2023 was strategically timed. Cerra stands out as a lending option by utilizing in-house-developed decentralized oracles. While these features emphasize innovation, the paramount importance of security and flawlessness led the team to seek a third-party auditor. Enter Tweag, a leading auditing firm with a wealth of experience, ensuring the integrity and security of the product. Tweag has an impressive track record, conducting audits for projects inside Cardano, like Minswap, GeniusYield, GeroWallet and many others. The audit is going at rapid pace and according to the team, should be coming to the closing stages in the weeks ahead.

Pre-Sale:

Currently, the pre-sale stage is happening directly on the newly established website: cerra.io/presale. It has been progressing steadily in alignment of the platform development and feature releases. Make sure to 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, becoming the first dApp on Cardano to utilize decentralized storage.

Moving forward – a recent announcement from the team will bring another interesting feature to the platform. Xerberus Risk Rating system will help lenders and traders manage their exposure while using Cerra. The feature will go live after the next major risk upgrade that Xerberus is planning towards the End of February/Early March!

Additionally, substantial UX improvements, such as order filtering, faster loading times, live blockchain querying, and an enhanced create order wizard, have been implemented to elevate the user experience.

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Author: AMBCrypto Team

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