CAGA (CAGA)

The essence of the Crypto Asset Governance Alliance (CAGA) Network lies in its decentralized ecosystem, powered by state-of-the-art technology, which enables the delivery of fast, resilient, and scalable solutions. At its heart, the network is dedicated to creating a secure environment where users can effortlessly develop their blockchain projects and conduct transactions with the highest levels of security and efficiency.

The current product offering of  the Crypto Asset Governance Alliance (CAGA)  includes the following: 

• CAGA DEX: To comprehend the essence of CAGA DEX, an exploration into Automated Market Maker (AMM) becomes imperative. AMM represents a pivotal element of decentralized exchanges, functioning through smart contracts and algorithmic protocols. These protocols, integral to platforms like CAGA DEX, facilitate non-custodial and autonomous trading by furnishing real-time feedback on asset rates and slippage. 
• CAGA Web3 Wallet: Serving as the native non-custodial multi-asset wallet within the CAGA ecosystem, the CAGA Web3 Wallet assumes a crucial role. It acts as the primary gateway for users, empowering them to secure their assets effectively. Users can create and manage their private keys, execute fund transfers, and authorize transactions across decentralized applications (DApps) in a decentralized manner. Characterized by an intuitive user interface, the wallet facilitates seamless asset management and seamless permissioning to DApps and DeFi protocols.
• CAGA Mega Pool: Positioned as a decentralized money market protocol, the CAGA Mega Pool facilitates borrowing and lending activities within the CAGA ecosystem to bolster users' earnings. Through Mega Pool, CAGA endeavors to foster a decentralized future, empowering the community to enhance capital efficiency, security, and accessibility. This versatile tool serves as a conduit for generating passive income, accessing cryptocurrencies at lower borrowing costs, and augmenting the value of users' crypto assets.
• $CAGA Token: It’s the ERC20 token within the CAGA ecosystem on EVM networks and the native token within the Caga network. It plays the role of a utility token, unlocking access to ecosystem participation. Positioned as a deflationary EVM-compatible token, $CAGA is designed to bolster the spread, usage, adoption, security, and financial inclusion of users.  Acting as the linchpin for ecosystem liquidity, $CAGA finds utility in various activities including 
  • incentivizing, 
  • rewards for competitions and airdrops, 
  • proof of attendance mechanisms, 
  • trading activities such as swapping, lending, and borrowing, liquid staking, yield farming, payments, 
  • and governance.

The CAGA’s token pros: 

• Not bad coverage on Social Media: considerable virality;  
• Has listed on liquid Tier 2 exchanges; 
• Has performed Certik Audit & Bug Bounty.

The CAGA’s token sale cons: 

• Team is anonymous 
• During the last year, the CAGA’s activity in top tier blockchain media is very low;   
• The vesting schedule is undisclosed; 
• According to the project tokenomics, >61% of $CAGA tokens are unlocked at the TGE;
• High Circulation Supply of >64% of $CAGA tokens;
• Unclear strategy for taking $CAGA tokens out from the circulation to reduce the selling pressure.