CETF was created by a group of Cardano Enthusiasts and existing Cardano project owners, each bringing to the table not just their experience and unique talents, but their own communities as well. One of our core strengths is that we (CETF) and our partners' existing projects do not compete with one another, but rather compliment and support each other.
CETF functions as a Decentralized Autonomous Organization (DAO). You, the cETF governance token holder get to decide on what projects we should invest in.
We are aiming to be a fully doxxed and over collateralized project in the future. We have begun to deposit 100s of different Cardano Native assets into our various asset pools (pls see below) These assets we hold are going to be used as Collateral for the cETF Tokens in circulation down the road. Their values will be calculated as follows: Adahandles/cNFTs will be counted at their Floor Price only, Low Value/High Risk/ Brand New assets at 10% of their value, and the rest of the asset pool will be counted at 50% of their market value.
CETF is a small DeFi project that holds multiple underlying Cardano Native Assets, rather than only one, or assets from a single segment of the market. It is however NOT a security or a financial investment vehicle, but rather a small "Hybrid" DAO. Please Note: We haven't been audited by an outside agency.
We are a group of Loyal Cardano Fans and developers. Please see our Whitepaper for more info and a up to date list of our current Partners.
As of this time we do not have plans to create a Collection on our own.
While we initially had no plans for ICO etc.., we did end up deciding on a short Seed Sale. 7.5% of the total tokens were allocated for the event. Once the sale ended, people voted to keep the faucet open. In the future the cETF Governance Tokens can only be earned or purchased from our Liquidity Pool(s)
Many of you asked if we had a Discord channel. Yes we indeed do, but for now it will only be used for our partners. The best way to reach out is through twitter or through our public forums.
This website provides the means for users to interact with our $CETF token and our services. CETF and our apps were built on top of the Cardano blockchain, operated in large part by smart contracts.
The CETF team doesn't guarantee the absence of bugs and errors.
CardanoETF.io is without a Know Your Customer (KYC) process and can offer NO assistance if a user is hacked.