Cega launches on devnet!

Cega
2 min readMar 31, 2022

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Cega Finance is the first decentralized finance (“DeFi”) exotic structured products protocol that creates vaults for retail investors which are safer and higher yielding. Cega launched on devnet today after the start of its development in January.

What did Cega launch?

Today, Cega launched its first investment product on devnet for user testing purposes. The experience allows for users to test the experience via staking mockUSDC.

Cega’s first formula for the devnet begins with an ETH-SOL-BTC structured into a Fixed Coupon Note vault. You are betting that neither of the three names are crashing more than 50%.

What’s happening with Devnet launch?

The purpose of devnet launch is for Cega to gain as much user feedback as possible so that the product is in tip top shape for mainnet launch. Cega is holding a few events surrounding the launch:

📹 Cega Founders Room 📹Cega founders will be working and streaming from the Solana Office at the time of the devnet launch. Come to our livestream to say hi, report any issues, give us feature requests, or to just chat! Maybe we’ll even give out a few Super Sanic roles 😉 https://www.twitch.tv/cegafi

Edge Case Competition ✅ — Sanics can join the edge case competition to find any bugs and issues on the product. For those who are not yet a Super Sanic, being the first one to file for a legitimate bug report could earn you a role! Submit bugs here: https://cega.canny.io/devnet-feedback?sort=top

✏️ User Research ✏️ — Didn’t get to report cases first?! Don’t worry! For a limited time, we are asking for users to participate in a user research study. Fill out the form here. Selected user interview participants will receive the Super Sanic role AND 100 USDC credit to stake for mainnet launch! https://forms.gle/N9vaAFYBZ2ZdJZVg8

🎖 Cega NFT 🎖 — All Super Sanics roles by mainnet launch will get a special Cega Membership NFT! The NFT will have additional utilities unlocking down the line, such as exclusive access to low supply vaults, access to Cega swags, invites to events, etc! The Membership NFT will also be an egg where your Cega PFP will hatch at mainnet launch.

How do I participate in the events?

Details of the events are constantly updated in our Discord, or you can take a look at the instructions for competition here and research here.

Now let’s go make ~ more yield less rug ~ for everyone.

As always, reach us on Discord or Twitter with any questions!

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Cega

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