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WebsiteImpossible Finance LaunchpadArbiPad Launchpad

Cruize Finance (CRUIZE)

IDO

Cruize Finance provides volatility-protected yield opportunities on crypto. The protocol provides vaults to generate safer yields using exotic options strategies called structured products.

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Overview

Project industryFinance Services & Banking / Arbitrum Ecosystem / DeFi
Product typeDeFi
FoundedIndia
WhitepaperCruize Finance White Paper Open

What is Cruize Finance

Cruize Finance is equipped with vaults for users to stake their capital and generate safer yields through exotic option strategies in pre-packaged instruments called structured products.

Structured products are pre-packaged investments that normally include assets linked to interest plus one or more derivatives. They are generally tied to an index or basket of securities and are designed to facilitate highly customized risk-return objectives. This is accomplished by taking a traditional security such as a bond and combining it with non-traditional payoffs derived from the performance of one or more underlying assets.

The CRUIZE token provides enhanced value integral to the Cruize ecosystem. Users who stake CRUIZE can enjoy exclusive benefits:

  • Revenue share from protocol earnings
  • Boosted yields on deposits
  • Access to exclusive vaults
  • Governance rights

Details

IDO (Impossible Finance Launchpad): Jun 22, 2023 - Jul 10, 2023
IDO (ArbiPad Launchpad): TBA - TBA
Token supply: 100,000,000 CRUIZE
Hard cap: 500,000 USD

Legal

Blockchain Platform: Arbitrum

Token info

Ticker: CRUIZE
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 CRUIZE = 0.11 USD
Token distribution:
Seed Round - 5%
Public Sale - 9%
Team - 15%
Advisors - 2%
Future Employees - 4%
Community - 50%
Treasury - 5%
Liquidity - 10%

Cruize Finance Roadmap

1
Q4 2022
  • Revamped structured products research
  • System design and contract architecture
  • Invite-only private beta to test the architecture of the protocol
  • Testnet launch
2
Q1 2023
  • Genesis Vault mainnet launch
  • Security, bug bounties, and audits
  • Integrations and BD for expanding vault capabilities
3
Q2-Q3 2023
  • TGE, Public Sale/Listing
  • Institutional onboarding and support
  • Governance framework
  • Expand across chains
4
Q4 2023
  • Public API for permissionless vault integration
  • Mobile app
  • Integrate with wallets for native support
  • Hedge against additional risks such as impermanent loss.
  • New product research

Project team

Samarth Zalte
Samarth Zalte
Co-Founder & Product Lead
Samarth Zalte linkedin
Prithviraj Murthy
Prithviraj Murthy
Co-Founder & Tech Lead
Prithviraj Murthy linkedin
Karan Parsnani
Karan Parsnani
Full-Stack Developer
Karan Parsnani linkedin
Muhammad Salman
Muhammad Salman
Protocol Developer
Muhammad Salman linkedin
Akhilesh Goswami
Akhilesh Goswami
Protocol Developer
Akhilesh Goswami linkedin
Agustin Munoz Gonzalez
Agustin Munoz Gonzalez
Quantitative Researcher
Agustin Munoz Gonzalez linkedin
Anirudh Pareek
Anirudh Pareek
Product Designer
Anirudh Pareek linkedin
Mike Georgiou
Mike Georgiou
Community Lead
Mike Georgiou linkedin
Aditi Gupta
Aditi Gupta
Ecosystem Lead
Aditi Gupta linkedin

Advisors

Roberto Talamas
Roberto Talamas
Leads Data Science & Analytics at Messari.io
Roberto Talamas linkedin
Ben Liu
Ben Liu
Director of Product Research at Parallel Finance
Ben Liu linkedin

Social media

Cruize Finance web-siteCruize FinanceYouTubeCruize Finance LinkedInCruize Finance X (Twitter)Cruize Finance DiscordCruize Finance Github

MVP

MVP URL

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