🪐 Cephei Weekly Report

Today we want to make a short post for you to answer some pressing questions.

🟡Tasks have been updated
We would like to inform you that the weekly tasks have been updated today, so hurry up to complete them and get rewards! We will remind you about new tasks for your convenience.

❓ How is progress on tasks calculated?
We take into account the progress of tasks in each specific week. Therefore, when completing current tasks, only those actions that were completed during this week will get rewarded.

❓ Why is there a limit on faucet?
If you have already claimed more than 3 times, then you probably have the message «You have reached claims limit» at the bottom of the window with tokens. This limitation is introduced so that each user has the opportunity to take test tokens and test the application.

❓ The problem with account closure has been resolved
This week users complained about problems with closing their account. This problem has now been resolved!

🪐 Our resources:
Сephei-App | Landing | ENG Channel | CIS Community | X | NFT

*🪐 *Difference between a one-time fee and an interest rate
🟡One of the unique features of Cephei is user set fees. The user himself can choose how much one-time fee and how much interest rate he will pay for the loan. The higher the selected interest rate - the less one-time fees the user pays for opening a loan. The lower the selected interest rate - the more one-time commissions. A simple inverse dependence!

*✨ *One-time feeThe one-time fee is paid only once at the time of opening the loan. Over the course of a year, the one-time fee is more favorable than the interest rate by about 30%! So if you plan to keep the loan for a long time, the one-time fee is for you!

*✨ *Interest rateThe interest rate is paid at the time of closing the loan, and the amount of interest depends on the term of the loan, so the less time you have the loan open, the less interest. So if you are planning to open a loan for a small amount of time, the interest rate is your choice!

*🪐 *Our resources:
Сephei-App | Landing | ENG Channel | CIS Community | X | NFT

🪐 Cephei 2025 Q1

We are glad to see you again. We hope that you had a fun holiday. Our Cephox also took a short break.

👀 What do we do?
And we are getting back to work. The transition to the mainnet is still a priority for us, as we mentioned in the previous post, while simultaneously adding other features.

🔗 What can you do?
We remind you that the tasks in the protocol are updated every week . Have time to complete the tasks according to the protocol to get points.

🔜 We'll be back soon with more major updates.

*🪐 *Our resources:
Сephei-App | Landing | ENG Channel | CIS Community | X | NFT