Enable CELA/USDT (0.25% Fee Tier) V3 Gauge on BNB Chain

Gauges
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Overview

This proposal aims to enable the CELA/USDT (0.25% fee tier) V3 gauge on PancakeSwap, providing robust liquidity for CELA and driving ecosystem growth through incentivized trading and user engagement.

Background

Cellula is a pioneering Web3 project that gamifies virtual mining with a unique Virtual Proof-of-Work (vPoW) mechanism. Its native token, CELA, powers a growing ecosystem of gamified mining, staking rewards, and NFT assets like BitLife.

Token Utility: CELA is used for charging BitLife, staking, governance, and NFT minting.

Key Ecosystem Milestones:

  1. Successfully launched on Gate.io and LBank.
  2. Implemented sustainable deflationary mechanisms, burning over 8.3M CELA (~0.83% of total supply).
  3. Secured funding from Binance Labs and OKX Ventures, with a $2M pre-seed round.

To enhance trading efficiency and provide liquidity for the CELA/USDT pair, we propose enabling the V3 gauge on PancakeSwap.

Details

  1. Boost Multiplier and Emission Cap %: 1.00x boost multiplier, 0.5% emission cap
  2. Audits: https://img.cellula.life/rankback/pdf/main.pdf
  3. Token Utility: CELA powers the Cellula ecosystem, supporting BitLife charging, staking, governance, and NFT minting.
  4. Volatility: CELA is not pegged but maintains price stability through deflationary mechanisms like regular burns.
  5. Oracles: No oracles are used for this pool.
  6. Control: 0xc790Ac3B67C42302555D928E5644B848C557E319 (No owner).
  7. Merit: CELA boasts 220K active users. By integrating with PancakeSwap, the CELA/USDT pool will attract more users, generate fee revenue, and provide a robust liquidity venue for trading and ecosystem expansion.

Links

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Thanks for submitting your application!

After our review and internal team discussions, we believe now is not the best time to offer you a gauge. We are genuinely grateful for your timely responses to our questions and efforts in filling out the application.

However, we are keen to re-evaluate your application once CELA gains more traction.

Let us know if you have any comments or questions otherwise let’s revert soon!