What Is Cerestoken? Complete Guide & Review About Cerestoken

What Is Cerestoken?

Cerestoken is the first project to build on the SORA network. They specialize in developing DeFi services and utilities for projects on the SORA network and tokens on Polkaswap. There are also three airdrop tokens for Ceres holders: Demeter, Hermes and Apollo. Each of the tokens will have its own platform with different purposes. Fees from those platforms will be used for burning and other ecosystem uses.

Demeter (DEO) is the first airdrop token with its platform called Demeter Farming Platform. Users are able to farm in multiple pools with the same LPs. Furthermore, all liquidity providers in Demeter Farming pools will get PSWAP rewards the same as before because they will not give their liquidity to the platform as is the case with smart contracts on ERC-20, BSC, and other networks.

Cerestoken Coin Demeter Farming platform is not only beneficial to users who seek to put the tokens they are hodling to work. This platform provides Farming-as-a-Service feature which other projects can use to create farming for their tokens without coding. Demeter (DEO) token will have the first Play-to-Earn game on SORA – DEO Arena in which users will use DEO token for playing the game.

Cerestoken Coin Storage Key Points

DEO Price Live Data

The live Demeter price today is $3.04 USD with a 24-hour trading volume of $30,702.40 USD. We update our DEO to USD price in real-time. Demeter is down 2.95% in the last 24 hours. The current CoinMarketCap ranking is #4757, with a live market cap of not available. The circulating supply is not available and a max. supply of 10,000,000 DEO coins.

- Advertisement -

If you would like to know where to buy Demeter at the current rate, the top cryptocurrency exchange for trading in Demeter stock is currently Polkaswap. You can find others listed on our crypto exchanges page.

DEFLATIONARY

In order for the goddess to obey all the wishes of her followers, it is necessary to offer an adequate sacrifice. Ceres tokens will be burned over time and supply will be constantly reducing.

ECOSYSTEM

Being members of a race of deities, Ceres, Apollo, Demeter, and Hermes, each with its own unique purpose, make the whole ecosystem sustainable.

AIRDROPS

The goddess would always generously reward her admirers. Every Ceres holder can get each of three Ceres Airdrop tokens (Demeter, Apollo and Hermes). Each airdrop will have its purpose and will be provided with initial liquidity.

GOVERNANCE

Ceres token holders can influence decisions concerning the project such as proposing or deciding on new feature proposals.

Launchpad

Ceres Launchpad platform is the first station for new projects on the SORA network. With Launchpad new projects will easier launch their tokens on Polkaswap and users will get more security because Ceres Liquidity Locker is integrated into Launchpad.

Liquidity Locker

Liquidity Locker is a decentralized application that brings more transparency and security to the Polkaswap and SORA/Polkadot ecosystem. Teams will be able to lock their tokens liquidity and ensure that it cannot be pulled giving investors proof of security and seriousness of the project.

Token Locker

Token Locker is offered as an independent service as well integrated with Launchpad. Teams will use this platform for vesting team, marketing and other tokens. Fee is 0.5% of locked tokens.

Governance

Ceres Governance platform is an important step towards decentralization. Ceres token holders will be able to influence decisions concerning the project such as proposing or deciding on new feature proposals.

Staking

On the staking platform, holders are able to stake Ceres tokens and as a reward to receive Ceres tokens. The minimum APR is 16.5% and the maximum APR depends on the demand. There is no minimum or maximum amount of Ceres tokens to be required in order to stake. Staking is based on the First-Come-First-Served principle as the maximum size of the staking pool is 14400 Ceres tokens.