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Cedro Finance (CED)

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.

Pre-Seed Round: $1.5M

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Overview

Project industryCrowdfunding & Lending
Product typeProtocol
FoundedUnited States
WhitepaperCedro Finance White Paper Open

What is Cedro Finance

Cedro’s vision is to provide a seamless user experience for this cross-chain process without compromising on security. For the same action that took ~50 clicks, a user can now do it in ~5 clicks.

Cedro is starting out as an omnichain lending and borrowing protocol, but eventually aim to become an omnichain financial hub, and currently have new products in development.

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.

Details

Pre-sale token supply: 100,000,000 CED
Token supply: 500,000,000 CED
Total tokens for sale: 150,000,000 CED
Raised: 1,500,000 USD

Legal

Registration country: United States
Registration year: 2022

Token info

Ticker: CED
Type: Utility-token
Token distribution:
50% - Community
20% - Core Team
20% - Private Investor
5% - Market Makers
5% - Public Sale

Project team

Rachin Kalakheti
Rachin Kalakheti
Founder
Rachin Kalakheti linkedin
Bibek Koirala
Bibek Koirala
Co-Founder & CTO
Bibek Koirala linkedin
Sarthak Sharma
Sarthak Sharma
Community Manager
Sarthak Sharma linkedin
Prajwal Adhikari
Prajwal Adhikari
Community Manager
Prajwal Adhikari linkedin

Social media

Cedro Finance web-siteCedro Finance MediumCedro Finance TelegramCedro Finance LinkedInCedro Finance X (Twitter)Cedro Finance Discord

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