Cere Network and Rai Finance team up to build a safe and efficient decentralized finance ecosystem + Information on Cere Staking
We are glad to announce that we have partnered up with RAI Finance to contribute to building a safe and efficient decentralized finance ecosystem. RAI Finance, with one-stop DeFi platform components, will facilitate Cere with product solutions and technical support for single coin staking mining and liquidity mining. Make sure to check the last paragraph to see our new staking option and upcoming staking updates!
For staking, check the video below!
Cere’s layer-1 blockchain network is designed to provide utility and security to the Cere Decentralized Data Cloud. It’s designed to work directly with any EVM-compatible blockchain network. Cere Network is building a powerful set of tools that enable enterprises to incorporate and implement incentive and reward services into any application.
Through this partnership, RAI Finance will further improve the output capacity of core products and technologies, help to optimize the functions of its main network DeFi platform, and strengthen the internal path of build — output — positive feedback.
In the meanwhile, Cere Network will provide users with more competitive staking mining and liquidity mining functions for the community.
In the future, the two sides will also consider in-depth cooperation at the technical, market, and community levels to jointly explore the development of decentralized data and decentralized finance.
Rai Finance and Cere to facilitate staking rewards for liquidity providing
With the help of the Rai Finance team, Cere will be increasing its staking options for all Cere token holders. Next to our current staking possibilities on Huobi, we’re adding more exchanges and staking options for token holders in the very near future, a couple of them described below.
- Live today: Staking/yield farming by providing liquidity
Cere token holders can earn $CERE tokens rewards by providing liquidity on UniSwap. In the video below, we show you how you can connect your wallet, join the LP pool and provide liquidity. You can start staking on https://lp1.cere.network/#/
2. Next week: ERC20 staking
Following up on today’s liquidity pool providing release, we will be releasing a direct ERC20 staking campaign to further increase staking options for token holders next week. Follow the Cere announcement channel and social media to be amongst the first to benefit from direct Cere ERC20 staking!
3. Next week: Increasing mainnet validators & more info on mainnet staking
With the Cere team working hard towards rolling out the Cere mainnet beta, we will be opening up new spots for mainnet validators to further increase the decentralization of the network. Amongst these new validators will be (enterprise) clients, channel partners, and token purchasers. Next to reporting on the process of onboarding of new validators towards decentralization, the Cere team will share more information on staking on Cere alpha mainnet for a select group of Cere community members before the end of the year.
About RAI Finance
RAI Finance aims to become the epicenter of the Web 3.0 world, through the issuance of digital assets, cross-chain trading, and its social trading platform.
The team members are from China, the US, and Korea. Each of them has on average over 3 years of experience in their region’s blockchain industry, participating in projects like building and running top consulting companies in the industry, Layer1 protocol, DAPP, and decentralized trading platform (DEX), etc.
RAI Finance works closely with Korea’s top social trading platform — League of Traders. With the technology advantage and user base, League of Traders has helped RAI Finance step forward in both product and users.
RAI Finance’s product has been launched on Ethereum and Polygon mainnet.
About Cere Network
Cere Network is the first Decentralized Data Cloud (DDC) platform built on Substrate and Polygon. Cere is the first Web3 infrastructure project that facilitates trustless cloud data storage, integration, and data collaboration across blockchain networks as well as Web3 NFT, metaverse, and gaming content.
Cere Network is founded by former executives from Amazon, Twitch, Huobi, and Bebo. Cere is backed by Binance Labs, Republic Labs, Polygon, Arrington XRP Capital, Fenbushi Capital amongst others.
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