Cruize Finance logo

Cruize Finance (CRUIZE)

Status
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.

Cruize Finance White Paper Whitepaper

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Interest lvl
Medium
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User Rating
Medium
3/5 1 votes
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Ticker
CRUIZE
Type
Utility-token
Token standard
ERC-20
FoundedIndia
Ecosystems

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

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

Token Sale Dates

IDO

Start date: Jun 22, 2023
End date: Jul 10, 2023

Token Allocation

Total Token Supply 100,000,000 CRUIZE

Funding Details

Hard Cap 500,000 USD

Token distribution


Seed Round - 5%
Public Sale - 9%
Team - 15%
Advisors - 2%
Future Employees - 4%
Community - 50%
Treasury - 5%
Liquidity - 10%

Token Price and Payment Options

Token price USD 1 CRUIZE = 0.11 USD

Project team

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

Advisors

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

Social media

MVP

Industries

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