Cerra.io continues to pioneer the evolving landscape of Decentralized Passive Income on Cardano
Since the launch of their decentralized application just a month ago, the momentum has not wavered. The team has forged new partnerships, introduced additional products, enhanced user experience, and is in progress of conducting a thorough smart contract audit. The Cerra.io team is on an unwavering trajectory of advancement.
The live deployment of the product just before Christmas 2023 was strategically timed. Cerra stands out as a lending option by utilizing in-house-developed decentralized oracles and an ADA-USD feed from Orcfax, a decentralized oracle protocol on Cardano. While these features emphasize innovation, the paramount importance of security and flawlessness led the team to seek a third-party auditor. Enter Tweag, a leading auditing firm with a wealth of experience, ensuring the integrity and security of the product. Tweag has an impressive track record, conducting audits for projects inside Cardano, like Minswap, GeniusYield, GeroWallet and many others. Cerra.io surely puts out a statement on the importance of having a secure platform.
In the dynamic world of cryptocurrency, “DePIN” has become a buzzword, decentralized physical infrastructure networks are blockchain protocols that build, maintain, and operate infrastructure in the physical world in an open and decentralized manner. DePINs use cryptocurrency tokens to incentivize the building of real-world infrastructure. Cerra.io seized the opportunity presented by Iagon, a Cloud Computing Platform within the Cardano ecosystem, becoming the first dApp on Cardano to utilize decentralized storage via Iagon at cerra.iagon.net. Additionally, substantial UX improvements, such as order filtering, faster loading times, live blockchain querying, and an enhanced
