Cega Mainnet Launch on Solana

Published on: 24.06.2022
Cega Mainnet Launch on Solana

Cega, a decentralized exotic derivatives protocol, announced its Mainnet Launch on Solana, a decentralized blockchain built to enable scalable, user-friendly apps for the world.

The decentralized exotic derivatives protocol, Cega, is excited to announce its Mainnet Launch on Solana, the fastest blockchain in the world!

Introduction to Cega

First Products

Hence, 90% price protection means that even if the crypto market falls another 70%, you do not lose your principal and your yield stays.

Vault 1: “Cruise Control”
Underlying: BTC-ETH
Price Protection: 90% protected
Indicative APY: 8%

Vault 2: “Genesis Basket”
Underlying: BTC-ETH-SOL
Price Protection: 90% protected
Indicative APY: 12%

Vault 3: “Gotta Go Fast”
Underlying: BTC-ETH-SOL
Price Protection: 50% protected
Indicative APY: 150%

Cega originally looked at launching 50% protected products only, but due to market conditions, they have decided to create safer products so that everyone’s assets are responsibly managed.

Vault 4: “Insanic”
Underlying: ETH-SOL-AVAX
Price Protection: 50% protected
Indicative APY: 200%
*you have to connect to Cega with the wallet address you have the NFT in

Utility NFTs

  • Airdrop Booster (you can get multiple for extra boost) *there will be a cap
  • First access to new strategies coming out
  • Invitations to exclusive online and offline events
  • Surprise swag drops
  • Membership to the gigabrain community in DeFi

Risk and Security

About Cega

Cega is building the next evolution in decentralized Finance derivatives with the first protocol focused purely on exotic options.

Website | Twitter

SOURCE

https://cegafi.medium.com/cega-mainnet-launch-c57739bcba9c

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