The Token: $CEDA

$CEDA is CedarFi’s native token. It’s used to coordinate all protocol activity.

Utility:

• Lock to receive veCEDA

• Vote on emissions → direct rewards to pairs

• Earn bribes from protocols and protocol fees

• Boost liquidity rewards

• Participate in governance and future protocol upgrades

veCEDA Mechanics

• Lock $CEDA for 1 week to 2 years

• Receive veCEDA based on duration (longer = more power)

• veCEDA decays over time unless re-locked