Cephei

🪐 Cephei + 🍀 XI Finance

Good afternoon, dear Cephei users.

We are proud to announce that our team has taken another project under its wing.

XI Finance — is a stablecoin restaking protocol with lending capabilities, building on EVM (Ethereum).

The presence of Borrowed Synthetic Assets is relevant on any blockchain, so our goal is to provide advanced lending tools and the farm pharma strategies to all users without exception.

❗️ Closed beta test of XI protocol is expected next week
IMPORTANT!
Cephei is currently fully operational with constant updates, this announcement does not cancel its viability, rest assured.

The market is always flows into different directions and changing constantly — and we should adapt. Let's not lose each other 🫶

🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei — Weekly Report

🪐 Get ready to tackle these exciting tasks this week! So jump to application and hurry up to complete all the tasks!

The deadline is the Friday of the next week.
One of least opportunities to make a contribution and take a bounty for this — would love to reward our most active users!

🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei — Weekly Report

Good day, dear Cephei users.

💬 Opinion about Collateral Strategies — would like to collect your feedback after their implementation in the protocol.

Did you like the innovation?
What would you like to improve?
What other strategies should be added?

For any suggestions, please contact the community manager in private messages.

🖥 New tasks to get points have already appeared in the app! Be sure to try them out to test the protocol and claim your reward for doing so.

Thanks for sticking with us ❤️


🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei — collateral strategies

🪐 Hello, Cephei community.

Today we are happy to announce an innovation that our team has been working on for a long time. We present to your attention — Custom Farm Strategies ✨

This feature makes the provision not only support for debt, but also serves as a tool for passive income.

❓ How does it work? Your assets deposited as collateral to open and maintain a credit position are available to provide them to various proven DeFi protocols, thus creating additional yield for the collateral.

🪙 At the moment there is one Cephei-certified version of the strategy offered to users — tWTON-Yield with an average annual return of 8.5%. New strategies will be added soon as well


Your assets are a tool, which in the right hands brings double benefit. Try it and see for yourself!

🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei — Announce Collateral Strategies

📣 Hi, Cephei community.

Soon you will have the opportunity to test how you can use our app to get up to 15% APY on your collateralized assets!

👀 Specifically, which strategies and with what conditions we have implemented you will see in an upcoming update tomorrow.

🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei — Weekly Report

🪐 Good afternoon, dear Cephei users. We know that not much news on the protocol has been released lately, as there is a lot of work going on in the internal kitchen of the application. One of which we are ready to cover right now:

🕯 Announcement of Farm Strategies - soon you will have the opportunity to test them. Specifically, what strategies and with what conditions will be provided you will see soon in the upcoming update in the weekly tasks. Speaking of which 👀

🖥 New tasks for testing the protocol are already available in the Cephei app! Check out the app for more details.

Thanks for staying with us ❤️


🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei — Weekly Report

🪐 Get ready to tackle these exciting tasks this week! Here’s what’s on the list:

🟠 Deposit 50 $tUSD as collateral
Reward for completing: 75 points
How to deposit collateral

🟠 Repay $cTON 3 times
Reward for completing: 60 points
How to repay loan

🟠 Borrow 20 $cTON
Reward for completing: 75 points
How to borrow

The deadline is the Friday of the next week.
One of least opportunities to make a contribution and take a bounty for this — would love to reward our most active users!

🗓 In a little while we will summarize exactly who will be working with us according to Cephei Ambassador Program — those who filled out and were selected, expect to hear back soon.

🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei — Collateral Strategies

🪐 Hi, Cephei community! What you know about the capabilities of your collateral except being an asset for securing credit? Let's see what he can do in our protocol:

❓ Why we need collateral?
With Cephei, you can deposit your crypto as collateral and borrow $cUSD without selling. This keeps your assets in contract while giving you liquid funds to use elsewhere — trading, for example.

🕯 Flexible Borrowing
Your interest rate and fees for making credit position are under your control. Pick between lower interest over time or a smaller one-time cost upfront.

💵 Earn While You Borrow
Your collateral can earn yield! Cephei’s custom farming strategies let you earn APY while borrow asset, doubling the benefit for user.

On the Dashboard you can choose your strategy with approximate APY rate. Collateral is eligible for farming until the position keep good Health Factor.


🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei's new borrowing asset — cTON

🪙 We present to your attention a synthetic asset that will be added to the Cephei's collection. $cTON will allow our users to build more interesting Defi strategies with lower Interest-rate.

🗓 As such, new weekly tasks are linked using $cTON! If you have any questions, feel free to leave them in the comments below the post.

We look forward to your suggestions on what coins you'd like to see in our ecosystem 👀

🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei's new asset — cTON

Previously, loans could only be taken in $cUSD, but now as the ecosystem grows, new synthetic assets will be added that will be supported by our platform and used for your lending positions.

🪙 Tomorrow we will release synthetic Ton - $cTON

Soon we will tell you what advantages it will offer compared to $cUSD.

Also wanted to know, what lending asset you would like to see on our platform next?

🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei — Why you can be liquidated?

🪐 Hi, Cephei community! Some of you may saw already out new feature with liquidation, today we'd like to explain how's the whole process works and why protocol should do it:

⚠️ Is your position secure?
As you might have guessed, state of your current credit position can described with one parameter — Health Factor. It shows the ratio of your whole collateral that have deposited to your account to borrowed funds.

If your HF is below 1.3 or even close to 1 — it's a danger sign. Your position will likely be liquidated.

💭 "What's the liquidations and why we need it?"
If you have such question — we're trying to answer it as simple as possible:

Liquidation in the lending protocol means the complete withdrawal of all collateral funds directly by the contract on which those very funds was stored. The reason could be a large number of loans or low collateral, causing HF conditions to become critical.

ℹ️ It is important to mention that even after liquidation, the borrowed funds still remain with the user and he can freely dispose of them.

Protocol produces liquidations of such risk positions in order to restore the funds storage and maintain the reliability of the ecosystem.

👇 A little task for our Users:
Go to your credit account and check "HF" parameter, if it's:

🟢 above 1.3 — all is good and secure!

🟠 between 1.1 and 1.3 — you need to reduce risk of liquidation. You can do this by simply adding more funds in collateral or close some of your credits.

🔴near 1 and your position wasn't liquidated — this is a critical bug. Please take the screenshot of your app and send it in comments, we'll take care of the problem and thank you.

🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei — Weekly report

🪐 Hi, Cephei community! Our report about new updates was arrived. Let’s dive in:

🕯 Prices now are dynamical
Whenever you open/close your debt position you should always consider the price action. If the collateral worth is below acceptable level — position will be liquidated.

With this update, the protocol is one step closer to mainnet!

🔥 New weekly tasks
New tasks for testing the protocol are already waiting for you in the app. You know how it’s important for us — that’s why all tasks are with rewards. Your contribution and feedback is the key for growth.

⭐️ Ambassador program continues
We’re carefully selecting your applications and offering partnerships to best candidates. The recruitment program will lasts in about week, so hurry up.

🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei — cUSD as a Synthetic Asset

🗣️ Definition
Synthetic assets are financial instruments that mimic the value of traditional asset but do not have a direct physical representation of him. They are synthetic, not real assets, that's where the name comes from.

🔗 The difference between synthetic assets and regular ones
Synthetic assets are needed when there is no desire or opportunity to hold currency in its traditional form.
For example, we have $mTSLA, a synthetic asset that tracks the price of Tesla shares. It allows users to trade Tesla shares as tokens on the blockchain by the actual price of Tesla itself.

Synthetic assets also allow owning native tokens of another blockchain (for example, $BTC coins on the TON blockchain). If all thing done correctly, the $BTC rate will be exactly the same as that presented on all other exchanges.

💵 cUSD — Cephei's stablecoin
Our coin is a synthetic US dollar asset (1 cUSD = 1 USD) that supply users with credit funds in exchange for their collateral.

Peg Decision: Arbitrage
There is one important thing with synthetic assets - they can lose their price behavior that simulates to the traditional version, this situation is called "Depeg".

Our protocol solves this problem in the most rational way - by making the peg profitable for arbitragers:

When the price of cUSD > $1, it is profitable to open a new loan and sell cUSD for another stablecoin, and this selling process will push the price of cUSD to $1.
If the price of cUSD < 1$, then it is profitable to buy cUSD from the market to close the loan, this action will push the price of cUSD to 1$.
Cephei also has a Hard Peg mechanic, which you can read more about in our documentation

Cephei plans to have many different synthetics and so we will be releasing a new synthetic asset soon!

🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei — Weekly report

🪐 Hi, Cephei community!

🗣️ We know that there hasn't been much news from us lately - all because of the preparations for a big ecosystem update.

I think you'll see everything for yourself soon, but for now let's go over the important topics:

🔥 New weekly tasks
New tasks for testing the protocol are already waiting for you in the application. Every Friday we update the tasks, and as you already know - they are valid for exactly one week. Don't miss the chance to earn points!

⭐️ Ambassadors Program
We have a special offer for owners of TG channels, Twitter influencers, Reelsmakers and other creative people. Please contact @Xamar1n for all related questions.

🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei — Protocol Use Cases

🪐 Hello, Cephei community!
The app is growing and our users are diving further into Defi tools, so today we're going to look at which situations you can use our ecosystem for better experience.

🟡 Increase your profitability with farm-strategies
Cephei gives a unique opportunity to its users - to earn from their collateral. To achieve this, we use custom farming strategies that will run on large DeFi platforms in TON (on Evaa as an exapmle). Your assets are held as collateral for your loans, while generating income for you in parallel!

🟡 Open a leveraged Long position on asset
Dealing on the upside via the lending protocol is a common thing for an advanced web3 user, and now we are going to share one of the simple algorithms for opening a leveraged position:

First, deposit collateral. For example, if you want to open a Long on the asset $TON, you need to deposit $TON as collateral. After the deposit, you can get $cUSD as a leveraged asset.

Now to increase leverage, all we need to do is exchange the $cUSD we just received for $TON and put it back as collateral.

So if you invest $100 in $TON as collateral, borrow $50 $cUSD and then sell that $50 $cUSD back for $TON, your total Long position in $TON will grow from $100 to $150.

Return some of the borrowed funds back, in case you need to reduce your leverage.

🟡 Open a leveraged Short position on asset
A down trade works according to the following principle: When you sell a loan asset, you short it.

For example, you borrow 100 $TON for stablecoins ($cUSD, for example) at a price of 4$ and immediately sell them on the market. Suppose that a month later the price of $TON has fallen to $3.75$. Now, to close the loan, you can simply buy $TON from the market at the lower price and get your profit in the form of $0.25 from each token, totaling $25 without commissions!

❓ What are the advantages of opening a leveraged position in lending-protocol
Unlike futures on centralized platforms, your position is secured from high financing rate. Secondly, you don't lose control over your assets - all the rules for using your funds are concluded in a smart contract and no one will use them without your knowledge.

🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei — Weekly report

🪐 Hi, Cephei community!
Let's tell you a bit about what the team has been working on over the last week to improve the usability of the app:

🟡 Changed the display of transaction in processing - now the status is visible at the top of the window, thus not taking up a lot of space on the screen.

🟡 Improved presentation of parameters when choosing a commission for an account.

🟡 On the Dashboard there is an indicator showing the status of your credit account (Health Factor)

🟡 The account deletion process is now more convenient, now instead of a separate window you will be offered a menu with operations.

🔥 And of course do not forget about the tasks
New tasks for testing the protocol are already waiting in the application! Every Friday tasks are updated and last exactly one week.

🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐Isolating risks has never been so convenient. With Cephei, you can sleep calmly

🪐 Cephei — Contest Results

🪐 The week was very plenty.

We remind you that today the tasks in the protocol have been updated. If you have any questions about the tasks, please write to the chat so that the moderators can help you quickly.

And now to the point: everyone's work has been thoroughly analyzed and evaluated. It's time announce the winners!

🟡 The winner in the nomination "Most Popular Thread" is:

@Algeriano_Crypto
He is awarded an NFT and 1.500 points!

🟡 The winner in the category "Most Informative Thread" is:

@td_at
The participant gave very useful information in his material, for this he gets 1.500 points!

(Winners need to message @ortomich to claim their prize)

A huge thank you to everyone who participated — by your support Cephei ecosystem becomes better and the community stronger ❤️

🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT

🪐 Cephei — cUSD stablecoin

🪐 Hello Cephei community!

Today we'll explain how our stablecoin is working and why it’s price will be always at 1$.

🟡 What are stablecoins?
Unlike traditional cryptocurrencies like Bitcoin or Ethereum, whose price can move significantly, stablecoins are pegged to assets with the lowest volatility (such as the US dollar or gold).

Traders can quickly convert cryptocurrency into stablecoins to protect their investments. Cephei protocol creates its own hypercollateralized stablecoin, cUSD, as a borrowing token.

🟡 Core mechanics for stabilisation of cUSD
Why our stable will be always at 1$ price?
Cephei protocol solves peg question with the most sustainable way - make peg profitable. Let's look at examples:

When the price of cUSD > 1$ - it is profitable to open new credits and sell just received cUSD for another stablecoin and this selling process would push the price of cUSD down to 1$.

If price of cUSD < 1$, then it is profitable to buy cUSD from the market to close the credits and this buiyng process would also push the price of cUSD up to 1$.

🟡 Redemption mechanism
Redemption is an algorithm when for 1 cUSD you can always get 1$ of collateral tokens.

For example, get $1 in TON equivalent in exchange for 1 cUSD, and this $1 of collateral will be taken from the position with the lowest HF (the closest one to liquidation), thereby protecting the loan from liquidation and executing the exchange itself.

But, like any medicine, this mechanic in large quantities is poison and kills the system, so we decided to make a deactivable buyback that will be included only in emergency situations (ideally - never) and is guaranteed to restore the binding.

🪐 Our resources:
Cephei-App | Landing | CIS Channel | Eng Community | X | NFT