Cetus Protocol

Cetus Protocol & Crew³ Bounty Quests — Step by step for participations. What is CetusProtocol #Cetus #Aptos Today, providing liquidity in DeFi is already quite unattractive. Liquidity Steam (LP) investors face various dangers, including volatile losses and opportunity costs that are not adequately compensated by the transaction fees charged for their service. Others profit from decentralized liquidity through the miner / maximum extractable value (MEV), while LP holders take all the risk. ​ As a result, Cetus Finance has developed a solution that is heavily influenced by Liquid Finance. Cetus Finance protocol will work on two different tokens : cETH and CETUS . The main token (cETH), which the protocol can mint and redeem, will be tied to the price of ETH. ​ Cetus Finance Treasury will own several assets paired with cETH , such as WETH, LINK and WBTC. When the price of these coins changes relative to the price of cETH , we will be able to arbitrage our pairs and extract MEVs that