A community-led DeFi powerhouse launches on Solana on May 6th 2025 ath 12 EST with real rewards, real products, and a bold new decentralized vision.
[NYC, May 5th, 2025] – A powerful new chapter is beginning for one of crypto’s most trusted and community-led projects. Cedar — evolving from the biggest rewards-based token on Binance Smart Chain — Cedar is launching on Solana with a bold new vision: to bring real revenue sharing, long-term decentralization, and product-first tokenomics to the fastest-growing layer-1 blockchain in the space.
Before the community voted to rebrand and launch on Solana, the project distributed nearly $40 million in BUSD stablecoin rewards directly to its holders — with no need for staking, lockups, or gamified gimmicks. Those funds weren’t theoretical. They were stable, liquid, and in the wallets of everyday users. And now, with its Solana debut, Cedar is building something even more ambitious.
A Revival Built for the Next Era of Crypto
Cedar’s migration to Solana isn’t a mere chain switch — it’s a new token built from the ground up with sustainability, transparency, and decentralization at its core. The project introduces a three-pronged rewards system that aims to flip conventional tokenomics on their head:
- Liquidity Pool Rewards: Cedar is launching with a massive $3.7 million SOL-seeded LP, one of the largest native liquidity pools ever seen on Solana. Trading fee rewards flow back to the community — not to founders or VCs.
- Pre-Funded Treasury: With $1 million already earmarked in rewards and governed by the Cedar DAO, the project begins with capital in place to power ongoing distributions to token holders.
- Real Product Revenue: The centerpiece of Cedar’s ecosystem is Atlas Wallet, a next-generation multi-chain wallet audited by both Kudelski Security (auditor of Phantom) and Certik, and beta-tested for over a year. Unlike many vaporware claims in the space, Atlas is production-ready — and its profits will be shared directly with Cedar holders.
Governance by the People Who Built It
Cedar’s leadership model is one of the most unique in the current crypto landscape. An 11-person DAO committee, composed of early contributors and long-time community members, oversees strategic decisions and treasury management. There are no serial rug pullers or anonymous founders here — just a trusted group that has stood by the project since 2021.
As crypto projects increasingly look to mimic traditional finance or hide behind layers of opacity, Cedar represents something refreshingly different: authenticity, transparency, and shared success.
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About Cedar DAO
Cedar DAO is a community-governed DeFi protocol focused on delivering real rewards, decentralized governance, and lasting utility. With it’s origins dating back to 2021 as the largest rewards token on Binance Smart Chain, Cedar is now relaunching on Solana with $3.7M in liquidity, almost $1M in pre-funded rewards, and revenue-generating products like Atlas Wallet. Governed by an 11-member DAO committee, Cedar is committed to transparency, long-term sustainability, and putting power back into the hands of the community.
About Atlas Wallet
Atlas Wallet is a next-generation, multi-chain crypto wallet designed to be both user-friendly and ultra-secure. Built for everyone from beginners to seasoned investors, Atlas supports major blockchains including Ethereum, Binance Smart Chain, Solana, PulseChain, Bitcoin, Cardano, Polygon, Cronos, and Avalanche. More than just a wallet, Atlas is a powerful hub for managing your entire crypto portfolio — packed with essential features and advanced tools, all inside a sleek, intuitive interface. For anyone looking for a reliable, all-in-one solution, Atlas is the only wallet you’ll ever need.
