Cerberus Overview

Citadel.One
Citadel.One
Published in
4 min readApr 6, 2022

Cerberus is the first-ever three-headed dog meme-coin in the Cosmos network

Cerberus is a community lead meme-coin that allows the community to vote on various proposals on the future use of the coin. The Cerberus blockchain is a completely permissionless blockchain where anyone can join the network and run a validator. The community will have the ability to gain value from the coin by staking Cerberus ($CRBRUS) with validators and liquidity pools.

Project Development

The Cerberus NFT project will follow up on the Cerberus mainnet chain launch that happened on March 15, 2022.

In 2022 the team plans to continue to focus on building liquidity in the market and complete the OSMO and ATOM airdrops. In addition, they will keep the various communities up to date as they continue to progress forward with the Cerberus project.

In the second half of 2022, the team plans to focus more on launching its NFT project. They are currently deciding whether to build their own NFT marketplace on the Cerberus chain or partner with another NFT marketplace in the Cosmos ecosystem.

$CRBRUS

The community will determine future use-cases for the coin via governance proposals submitted by any holder of the Cerberus coin.

Cerberus has an initial supply of 97 billion coins with 69 billion Cerberus ($CRBRUS 71.13%) being distributed in airdrops to token holders in the Cosmos Universe. The remainder is allocated to the community pool (11.34%), growth fund (11.34%), and team fund (6.19%). Inflation is set at 43%.

11 billion $CRBRUS will be locked into a community pool and allocated for governance proposals voted on by the community.

11 billion $CRBRUS will be allocated to the growth of the Cerberus ecosystem.

69 billion $CRBRUS will be allocated to airdrops in phases. ATOM, Osmosis and Chihuahua delegators will receive airdrops.

6 billion $CRBRUS will be allocated to the team.

About Cerberus

To learn more about the Cerberus project visit their official website.

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Citadel.One
Citadel.One

Citadel is a multi-asset non-custodial platform for the management and storage of crypto assets