Cairo Finance — Project Overview

SyanCapital
7 min readDec 7, 2023

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Cairo is an all about in one solution idea with its own deflationary system which offers all DEFI products on one platform. We will take a closer look into this project.

After a tremendous performance over the past weeks my eyes catched the Cairo Finance project with its CBANK token. An all-in-one DeFi plattform with various products in it’s ecosystem. We will take a closer look into what exactly Cairo Finance is, how the tokenomics look like and what we can expect from Cairo Finance’s future.

DeFI
“DeFi stands for decentralized finance. In simple words it stands for self-custody finance. Unlike traditional finance where a company, bank, fund is responsible for your money, in DeFi no one but you has access to it. DeFi has grown into a complete ecosystem of working applications and protocols that deliver value to millions of users. Assets worth over $239 billion were locked in DeFi ecosystems as of April 2022, making it one of the fastest-growing segments in the public blockchain space.

We see, DeFi has a market and some decent projects evolved in this sphere.

Cairo Finance serves this self custody finance in its own unique way thourghout various utilities which we will look at closer after we discussed the tokenomics and treasury.

Tokenomics
The tokenomics of $CBANK are designed with the user in mind. As a token powered by business model led by an amazing DeFi platform, it was important to implement appropriate token economics that result in sustainable token growth and deeper liquidity over time, while simultaneously incentivising user engagement and retention and establishing a circular token economy overall. A circular token economy ensures that there is minimal value leakage from the platform as much as possible. Furthermore, when all aforementioned functions work in unison, along with a platform delivering enigmatic user experiences, all stakeholders win.

  • Max Supply: 3,600,000
  • Buy/Sell (%): 5/10 (LP/LP)
  • Chain: Binance Smart Chain (BEP20)
  • Token Symbol: $CBANK
  • Token Name: CAIRO BANK

Some words regarding the tokenomics from my side:
We remeber the 2021 Bullrun when tax tokens were hyped and elevated to new highs due to the tax narrative. In my personal opinion this has changed dramatically. A project needs a very good and valuable reason to use tax since the whole narrative has changed. In this case the whole tax will go to the liquidity pool on pancakeswap. Definitely a good point at this point. My second remark would have been the low liquidity percentage in the supply distribution but going back in time and analyzing On-Chain data shows, that due to the high volume a significant share went to the LP and thus making the price more stable as volume grows. As a holder I would wish for a bigger correction and a climb to ATHs to build up the LP even further.

What are benefits of holding CBANK?

  • Passive Income through the Cairo Bank and the generated fees of the Cairo Products
  • Token holders will have a significant impact on decision-making and the future direction!
  • Staking Pools
  • Cairo Incubator Benefits
  • Cash Machine will benefit the CBANK price

It is obvious we want the project to serve it’s utility and onboard more and more users to the Cairo products because as holder you benefit from generated fees. As well the DAO structure will allow us to vote on important decisions and even make suggestions and give them to the community to vote on them.

Treasury
The CAIRO Treasury Funds and executed transactions will be transparently visible to anyone.
Having a strong treasury will become a game changer in the DeFi space and will give us a massive head start when the next bull market begins. It can be seen as the intrinsic value of the CAIRO DAO. Generated fees are invested in Blue Chip cryptocurrencies and a small portion will be invested into high potential high-risk low-cap gems. These funds will be used later to stabilize the Cairo Finance tokens price (adding liquidity) and reduce the supply through token burning. 100% of the treasury will be used for these purposes.

Link to the Treasury and its funds: https://cairofinance.app/treasury

CAIRO DAO — GOVERNANCE
CBANK holders control the ecosystem. CBANK you own, the greater your influence in the ecosystem:

DAO governance decisions can range from allocating Treasury funds for a particular proposal to deploying a new protocol on the Cairo Finance ecosystem, and everything in between.
All participants in the DAO are working towards a common goal: Creating a decentralized infrastructure, owned and governed by the DAO.
Core — proposals posted by the Cairo Finance team. The results will be actioned.
Community — proposals posted by the Cairo Finance community. These are used to propose ideas and show the communities point of view. The team reviews every community vote and will often pick any great ideas and designs with strong community support up to the coming product releases and/or core voting proposal level.
To submit a proposal or participate in a vote, you must have at least $10CAF deposited in your wallet. (Funds will always stay there). The more $CAF you have, the bigger your voice.
Voting power is calculated based on a snapshot taken on the snapshot block. Therefore, purchasing or depositing more $CAF after the proposal is posted is not going to increase the voting power for that particular proposal.

Products:

  • Cairo Swap — The projects own swap
  • Horus Staking — Horus Staking provides access to four different digital assets: Ethereum, Polygon, Binance Coin, and Avalanche. Users can benefit from APY rates ranging from 3% to 15%, all while enjoying the advantage of liquid staking with no impermanent loss. Also users have the added convenience of accessing their assets at any time, fully immersing themselves in the benefits of pure DeFi.
  • Cairo futures — introducing a decentralized leverage trading platform that is both powerful and user-friendly.
  • Cairo Bank — By holding and locking your CAIRO BANK tokens in the CAIRO BANK, you will earn juicy staking rewards.
  • Cash Machine — Cairo Cash Machine is a high yield cashflow engine that earns 0.5% daily on USDT. Deposit 200+ USDT and immediately start earning yield insured by the Cairo Bank Vault.
  • Cairo Incubator — An incubation and acceleration project for blockchain-based projects with a focus on early-stage startups, Cairo Incubator will concentrate on initiatives that contribute beneficial technology to the industry. As part of the incubation program, projects will benefit from a robust community, connections to networkers, agencies, and the experience of other project owners.
  • Osiris Shield — Decentralized insurance model
  • Dynamic priced fan articles — The Pharaoh Cap will be a unique high quality limited edition designer Cap with an authentic 1g gold bullion sewn which will use a dynamic pricing model.
  • DegenWin — The Cairo Finance’s own casino with the $DGW token.

A big range of products.

In the current state of DeFi you need unique utilities to stand out of the crowd. Cairo Finance offers a variety of utilities and I am curious to observe how they play out and what the usage will be.

Risks:
Talking about a DeFi project we also need to talk about risks. In gerneral you should be aware of the risks coming with investing in Cryptocurrencies. Espsecially low marketcap tokens are at risk, since they have not developed fully yet. Overall I see the platform risk. DeFi platforms are targets to hackers in the Web3 space. Since their smart contracts contain variety of liquid assets.

In conclusion, Cairo Finance presents a comprehensive DeFi solution with its all-in-one platform, featuring a unique deflationary system and a variety of products within its ecosystem. The CBANK tokenomics are carefully crafted to promote sustainable growth, liquidity, and a circular token economy, ensuring benefits for all stakeholders. The platform’s emphasis on self-custody finance aligns with the decentralized ethos of the larger DeFi space, providing users with control over their assets.

The benefits of holding CBANK extend beyond passive income, including a substantial influence on decision-making through the DAO governance structure, participation in staking pools, and advantages in Cairo Incubator initiatives. The transparent treasury approach, detailed on the Cairo Finance website, is positioned as a game changer, strategically investing in cryptocurrencies to fortify the platform against market fluctuations and contribute to long-term stability.

With a diverse range of products, including Cairo Swap, Horus Staking, Cairo Futures, and the Cairo Bank, Cairo Finance aims to carve its niche in the competitive DeFi landscape. The community-driven governance model further reinforces the commitment to decentralization, allowing users to actively participate in shaping the platform’s future.

However, it’s crucial to acknowledge potential risks associated with investing in cryptocurrencies and DeFi platforms. Low market cap tokens, in particular, carry inherent risks due to their early-stage development. Additionally, the platform risk is highlighted, emphasizing the susceptibility of DeFi platforms to cyber threats in the Web3 space.

Risk Disclaimer:

Investing in cryptocurrencies and DeFi projects involves inherent risks, including market volatility and the potential for financial loss. Users are advised to conduct thorough research, consider their risk tolerance, and exercise caution when engaging in any investment activities. The information provided in this article is for informational purposes only and should not be considered financial advice. The mentioned risks should be carefully evaluated before making investment decisions.

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