The momentum has not wavered since the launch of their decentralized application (dapp). It has also forged new partnerships, introduced additional products, enhanced user experience, and is in the process of conducting a thorough smart contract audit.
The Cerra team is on a firm trajectory of advancement.
Smart contract audit
Cerra launched before Christmas in 2023.
The platform utilizes in-house-developed decentralized oracles and an ADA-USD feed from Orcfax, a decentralized oracle protocol on Cardano.
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While these features emphasize innovation, the paramount importance of security and flawlessness led the team to seek a third-party auditor in Tweag.
Tweag is an experienced firm that has audited Minswap, Genius Yield, GeroWallet, and other Cardano protocols.
Development updates
Decentralized physical infrastructure networks (DEPINs) are protocols that build, maintain, and operate infrastructure in the physical world in an open and decentralized manner.
They use cryptocurrency tokens to incentivize the building of real-world infrastructure.
Cerra is the first Cardano platform to use Iagon, a cloud computing platform in Cardano.
Various UX improvements have been implemented, including order filtering, faster loading times, live blockchain querying, and an enhanced create order wizard to improve the user experience.
AMM Swap
Cerra’s AMM Swap is scheduled for launch in Q1 2024.
“The Swap” introduces new and unique features to the existing options.
This addition will enhance liquidity, encourage adoption, and generate more fees.
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The platform is committed to providing the lowest trading fees in the market, and all resulting fees will be shared with the valued CERRA holders.
Cerra is committed to innovation and rewarding users. They have made significant progress by forging strategic partnerships, implementing robust security measures, and introducing new products such as AMM Swap.
Their ongoing presale can be accessed via Cerra.
