Tidal Finance Partners with Cere Network
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Tidal Finance is excited to announce a collaboration with Cere Network. Cere Network is the world’s first Decentralized Data and Finance Cloud platform built on Polkadot and a pioneer as founder of the SaaS-DeFi Alliance.
Tidal Finance has joined forces with Cere to provide decentralized insurance service to Cere’s pledge fund pool and liquidity mining, offering Cere users to get covered in case of smart contract exploit. Cere will also become an option for Tidal capital providers to earn additional returns.
Providing cover options for Cere’s SaaS DeFi component will help users safely utilize customer cash flows to invest in DeFi protocols. Tidal platform will increase Cere Network’s insurance fund’s efficiency by earning yield for cover sold.
“I am excited to have Cere joining the Tidal risk pool as an additional capital return option for cover sellers,” said Tidal founder Chad Liu. “The Cere team has created a unique platform that is positioned to be a market leader in the space.”
“Tidal Finance’s core functionality, facilitating security and peace of mind for blockchain ecosystem participants, fits perfectly in Cere’s SaaS-DeFi aliance strategy.” said Cere CEO Fred Jin “With this partnership, we’re taking another big step towards more seamless enterprise adoption of blockchain and Decentralized Finance.”
Tidal chose to form a partnership with Cere because of Cere’s important role as an innovator in DeFi with products such as Cere’s Open Data Marketplace (ODM) which was designed to overcome the hassle of hiring data experts and executing data analysis. Cere is also the creator of a Decentralized Data Cloud (DDC) platform backed by Binance Labs. The platform provides cross-chain compatibility with networks like Binance Smart Chain, Polkadot, Cosmos, Ethereum, and others positioning Cere to bridge the biggest enterprise companies with the fastest-growing decentralized ecosystems.
Together, Tidal and Cere look forward to a long-term mutually beneficial relationship.
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TIDAL is a multi-chain open market for programmable insurance, empowering users to create custom insurance pools for multiple assets. With pool statistics and ranking, it is the most efficient smart contract insurance market, launching on the Polkadot Ecosystem.
TIDAL Public Channels
✳️ Telegram: https://t.me/TidalGlobal
✳️ Official Website: https://tidal.finance/
✳️ Medium: https://medium.com/tidal-finance
✳️ Twitter: https://twitter.com/tidaldefi
✳️ Announcements Channel: https://t.me/tidalann
📗Intro to Tidal Medium blog: https://medium.com/tidal-finance/introducing-tidal-open-marketplace-for-programmable-insurance-1a48b1d497eb
