❗️Attention. Documentation for Cadabra 2.0 is available
We haven't had any news for a long time, but the work hasn't stopped for a minute.
We are close to the launch of the second version of the Cadabra Finance protocol.
But you can already study all the updates and innovations in our documentation.
👉 https://cadabra.gitbook.io/v2
In the coming days, we will begin to tell you in more detail about the main changes and key points in Cadabra 2.0
We haven't had any news for a long time, but the work hasn't stopped for a minute.
We are close to the launch of the second version of the Cadabra Finance protocol.
But you can already study all the updates and innovations in our documentation.
👉 https://cadabra.gitbook.io/v2
In the coming days, we will begin to tell you in more detail about the main changes and key points in Cadabra 2.0
📚We are starting a series of educational articles in which we will tell you about the details and features of the new version of the Cadabra 2.0 protocol.
The link below provides the first article describing the differences between the Cadabra 1.0 (first version of the protocol) and Cadabra 2.0 and its advantages.
👉 https://cadabra.gitbook.io/v2/articles/cadabra-2.0-vs-1.0.-advantages-and-differences
If you have any questions, ask them in our chat.
The link below provides the first article describing the differences between the Cadabra 1.0 (first version of the protocol) and Cadabra 2.0 and its advantages.
If you have any questions, ask them in our chat.
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📚In the next article, we explain why Cadabra 2.0 will provide high yields for early users at launch. 👇
https://cadabra.gitbook.io/v2/articles/high-yield-at-the-launch-of-cadabra-2.0
https://cadabra.gitbook.io/v2/articles/high-yield-at-the-launch-of-cadabra-2.0
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Meanwhile, today we have completed the first step on the way to Cadabra 1.0 -> 2.0 migration.
We took the excess ABRA tokens from the ABRA/USDT liquidity pool and burned them 🔥
Thus, the emission decreased by almost 8 million ABRA.
Cadabra 1.0 -> 2.0 transition algorithm: https://cadabra.gitbook.io/v2/tokenomics/v1-greater-than-v2
ABRA token burning transaction: https://bscscan.com/tx/0xc02b893af23d070f47ef697cdc0a37231fa8923dfc4a10e77393be1eba11b07e
We took the excess ABRA tokens from the ABRA/USDT liquidity pool and burned them 🔥
Thus, the emission decreased by almost 8 million ABRA.
Cadabra 1.0 -> 2.0 transition algorithm: https://cadabra.gitbook.io/v2/tokenomics/v1-greater-than-v2
ABRA token burning transaction: https://bscscan.com/tx/0xc02b893af23d070f47ef697cdc0a37231fa8923dfc4a10e77393be1eba11b07e
cadabra.gitbook.io
v1 -> v2 | Cadabra 2.0
📚Today in the article we talk about the formation of Cadabra 2.0 yields from two sources, and how rewards from external protocols allows to significantly reduce the emission of ABRA tokens, which makes the project more sustainable in the long term. 👇
https://cadabra.gitbook.io/v2/articles/abra-emission-+-external-yield.-complementarity
https://cadabra.gitbook.io/v2/articles/abra-emission-+-external-yield.-complementarity
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📚In the new tokenomics in Cadabra 2.0, all protocol management is built on DAO voting: emission, distribution of liquidity and yield streams, etc.
And the right to vote can only be obtained by sending ABRA tokens to locking.
In the new article, we explain in detail what locking is and how it allows you to increase profitability.
https://cadabra.gitbook.io/v2/articles/abra-locking-why-its-essential-and-how-it-increases-your-yield
And the right to vote can only be obtained by sending ABRA tokens to locking.
In the new article, we explain in detail what locking is and how it allows you to increase profitability.
https://cadabra.gitbook.io/v2/articles/abra-locking-why-its-essential-and-how-it-increases-your-yield
❗️The launch of the second version of the Cadabra 2.0 project will take place very soon.
But before that, we will activate the ability to choose what to do with your existing ABRA locks: cancel the locks (with losses in rewards) or migrate the locks to Cadabra 2.0.
📚 All the information is in our official documentation, but we have also prepared a summary in the form of a separate article👇
https://cadabra.gitbook.io/v2/articles/abra-locking-migration-vs-unlocking.-what-to-choose
It is not yet possible to unlock or migrate to Cadabra 2.0 - but we will make a separate announcement about this in the near future.
But before that, we will activate the ability to choose what to do with your existing ABRA locks: cancel the locks (with losses in rewards) or migrate the locks to Cadabra 2.0.
📚 All the information is in our official documentation, but we have also prepared a summary in the form of a separate article
https://cadabra.gitbook.io/v2/articles/abra-locking-migration-vs-unlocking.-what-to-choose
It is not yet possible to unlock or migrate to Cadabra 2.0 - but we will make a separate announcement about this in the near future.
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Attention. Starting today, for 2 weeks, the cadabra.finance website will provide the opportunity to decide what to do with your existing ABRA token lockups.
We wrote about this in more detail in the previous post: https://www.tgoop.com/cadabra_news_en/59
Then, after this period is over, we plan to launch a full-fledged updated version of Cadabra 2.0 project within a week.
We wrote about this in more detail in the previous post: https://www.tgoop.com/cadabra_news_en/59
Then, after this period is over, we plan to launch a full-fledged updated version of Cadabra 2.0 project within a week.
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Cadabra Announcements
❗️The launch of the second version of the Cadabra 2.0 project will take place very soon.
But before that, we will activate the ability to choose what to do with your existing ABRA locks: cancel the locks (with losses in rewards) or migrate the locks to Cadabra…
But before that, we will activate the ability to choose what to do with your existing ABRA locks: cancel the locks (with losses in rewards) or migrate the locks to Cadabra…
Dear users!
We inform you that the airdrop season 1 can still be claimed through our website for 1 week.
All unclaimed rewards will be reset and burned on December 13th.
We inform you that the airdrop season 1 can still be claimed through our website for 1 week.
All unclaimed rewards will be reset and burned on December 13th.
🐣The project launch will happen very soon, so we are in a hurry to tell you more about its features.
We understand that our text documentation can be difficult to read and requires perseverance when studying. Therefore, we decided to talk about our platform also in the form of short animated videos.
This is a video with a brief description of the mechanics of yields generation in strategies and voting.
📱 https://youtu.be/Scp-eGrkcTc
📚Full documentation about the project: https://cadabra.gitbook.io/v2
We understand that our text documentation can be difficult to read and requires perseverance when studying. Therefore, we decided to talk about our platform also in the form of short animated videos.
This is a video with a brief description of the mechanics of yields generation in strategies and voting.
📚Full documentation about the project: https://cadabra.gitbook.io/v2
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📚Today we want to tell you more about our binary affiliate program and in particular about the team reward.
👬The binary referral program is unique model - it allows you to earn from an infinite number of referral levels, while most other crypto projects offer only up to 3 levels.
In fact, you can receive rewards from people you have never met or seen in person.
We have previously used this model on our other projects and have proven itself to be the best both in terms of the effectiveness of attracting new users to the project and in terms of benefits for the users themselves.
In Cadabra 2.0, we took into account past experience, so we slightly modified and improved this model.
🔗 Article to read: https://cadabra.gitbook.io/v2/referral-program/team-bonus-and-binary-tree
👬The binary referral program is unique model - it allows you to earn from an infinite number of referral levels, while most other crypto projects offer only up to 3 levels.
In fact, you can receive rewards from people you have never met or seen in person.
We have previously used this model on our other projects and have proven itself to be the best both in terms of the effectiveness of attracting new users to the project and in terms of benefits for the users themselves.
In Cadabra 2.0, we took into account past experience, so we slightly modified and improved this model.
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Cadabra Announcements
Attention. Starting today, for 2 weeks, the cadabra.finance website will provide the opportunity to decide what to do with your existing ABRA token lockups. We wrote about this in more detail in the previous post: https://www.tgoop.com/cadabra_news_en/59 Then, after…
❗️Attention, important message❗️
1️⃣As we told earlier (https://www.tgoop.com/cadabra_news_en/60), tomorrow, December 17 at 14:00 UTC time, we will deactivate the ability to unlock the current ABRA token lockups on Cadabra version 1. You can then transfer the lockups to Cadabra 2.0 at any time. Or just wait until the end of the locking.
2️⃣We also announced that a week after this we will launch a full version of the Cadabra 2.0 project.
Functionally, we have everything ready. The system is fully tested and works as described in our detailed documentation: link.
According to our plan, we were supposed to launch without a security audit of smart contracts in order to make it before the New Year. And the audit should have been done in the process (naturally, we would have notified our users about it).
⚖️ Now, having weighed all the pros and cons, we decided to launch only with a full security audit. Although we are highly confident in the security of our contracts, the cost of an error is high both for the team (which has been developing Cadabra project for almost 2 years in total) and for our users who risk their funds.
🚀 Therefore, having received the audit readiness dates from the audit company, we announce the release date of Cadabra 2.0 project for January 16, 2025.
🎁To compensate for the wait of our users, in addition to our second season airdrop (which should happen 3 months after the launch), we decided to hold an additional season of ABRA token airdrop during the first week after the release of Cadabra 2.0.
We will send details about this airdrop later, but for now this can be considered as a bonus express airdrop for the earliest users of Cadabra 2.0.
Subscribe to our social networks to not miss all next important announcements!
1️⃣As we told earlier (https://www.tgoop.com/cadabra_news_en/60), tomorrow, December 17 at 14:00 UTC time, we will deactivate the ability to unlock the current ABRA token lockups on Cadabra version 1. You can then transfer the lockups to Cadabra 2.0 at any time. Or just wait until the end of the locking.
2️⃣We also announced that a week after this we will launch a full version of the Cadabra 2.0 project.
Functionally, we have everything ready. The system is fully tested and works as described in our detailed documentation: link.
According to our plan, we were supposed to launch without a security audit of smart contracts in order to make it before the New Year. And the audit should have been done in the process (naturally, we would have notified our users about it).
🎁To compensate for the wait of our users, in addition to our second season airdrop (which should happen 3 months after the launch), we decided to hold an additional season of ABRA token airdrop during the first week after the release of Cadabra 2.0.
We will send details about this airdrop later, but for now this can be considered as a bonus express airdrop for the earliest users of Cadabra 2.0.
Subscribe to our social networks to not miss all next important announcements!
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The possibility of unlocking ABRA tokens during the transition to Cadabra 2.0 is closed!
🙏 Thank you for your trust!
Unlock statistics show that most people believe in the future of Cadabra 2.0 and decided to keep their locks in order to get more yields in the new version of the project.
If you still have old veABRA, you can migrate your locks to Cadabra 2.0 at any time to be able to participate in voting for strategies and collect rewards from the protocols that make up the strategy.
🏃♂️Completion of the unlocking procedure allows us to proceed to the next step towards the launch of Cadabra 2.0, within which we will🔥 burn🔥 the remaining ABRA tokens (from the old referral program and airdrops) and complete the preparatory work on the new tokenomics.
Unlock statistics show that most people believe in the future of Cadabra 2.0 and decided to keep their locks in order to get more yields in the new version of the project.
If you still have old veABRA, you can migrate your locks to Cadabra 2.0 at any time to be able to participate in voting for strategies and collect rewards from the protocols that make up the strategy.
🏃♂️Completion of the unlocking procedure allows us to proceed to the next step towards the launch of Cadabra 2.0, within which we will
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❓On which network is it preferable to launch a liquidity pool (trading pair) ABRA/USDT? We wanted to hear your opinion, which network do you use more often and where it would be more convenient to work with the ABRA token.
Anonymous Poll
67%
BNB network
19%
Arbitrum
15%
Does not matter
You can significantly increase your income if you dive deeper into the third-party protocols integrated into Cadabra and carefully monitor the change in yields on them.
https://youtu.be/R7lHvDJkAu8
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We present our new video where we clearly talk about ways to earn rewards in our unique binary referral program, where you can receive rewards from all people in your referral structure at any level below you, without restrictions.
This mechanic makes it possible to earn rewards for the actions of people in the team whom you have never known.
Our model also implements a powerful spillover mechanism.
Details in the video 👇
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The launch of Cadabra 2.0 will happen very soon, but in the meantime we invite you to watch our new video, which tells in detail about our unique Holder Bonus mechanics.
💰 Holder Bonus may increase your yields up to 10 times for providing liquidity to ABRA/USDT strategy.
📱 https://youtu.be/4OovdGA7_wk
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Attention!
All existing ABRA token liquidity has been moved to a new ABRA/USDT pool on Uniswap platform. This pool has a 1% swap fee. This fee is distributed among those who voted to allocate ABRA tokens to this pool.
Analytics page for the new pool:
https://www.dextools.io/app/en/bnb/pair-explorer/0xa3AdcaaF941a01Eec47655c550dD5504637d029A
All existing ABRA token liquidity has been moved to a new ABRA/USDT pool on Uniswap platform. This pool has a 1% swap fee. This fee is distributed among those who voted to allocate ABRA tokens to this pool.
Analytics page for the new pool:
https://www.dextools.io/app/en/bnb/pair-explorer/0xa3AdcaaF941a01Eec47655c550dD5504637d029A
DEXTools.io
ABRA latest price, buy, sell and trade ABRA
BNB Network Burn: https://bscscan.com/tx/0xd7c01f2b9e9cf616840e0269975b278ceb3c29b453a413e6203a5ebe563f808a
Arbitrum Network Burn: https://arbiscan.io/tx/0x69d459407954fd1f9ce7627fac7635ecbf5b2f1045737b59bc4e6e413678e0f9
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As early participants of the protocol, you can expect:
Our slogan: Farming + Yield Aggregator + ve(3,3) =
Welcome
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