Cheddar is building a loyalty network for the NEAR ecosystem with strategic partnerships that promote the use of NEAR while rewarding users. Cheddar provides long-term benefits to its HODLers via PowerUps, cross-dApp integration, and use throughout the NEARVerse.
A Loyalty network promotes a product or service (NEAR dApps) by providing value to its partners and users. The Cheddar Loyalty network is fueled and powered by the Cheddar token.
A native NEP-141 Token on NEAR, Cheddar serves to help foster the growth of NEAR dApps by creating inter-connectivity and shared utility through PowerUps. These and other potential utilities are based upon the principles of farming, locking, and burning Cheddar.
Phase 0 and Phase 1 focus on the genesis, community launch, and the basic Cheddar Farm.
The next phases of Cheddar begin to grow the ecosystem through partnerships.
Cheddy - The cheesiest of them all. He helps govern Cheddar production and creates partnerships to distribute Cheddar throughout the NEARVerse and beyond.
Chee - Experienced backend cheese maker working across NEAR and Cosmos projects.
Goudam - Experienced backend cheese maker working across NEAR and Solana projects.
Blaze - Marketer of cheese and experienced front-end cheese maker
Hi! I'm Cheddy Cheezy.
I'm the head Cheez Wiz around here and I keep the Cheddar Farm moving. Need more supply of that Cheezy goodness? I'll mint it right up, you just need the approval of the CheddarDAO. Don't worry I'll find more ways for you to use it with our partners and what you can't use I'll burn.
Yes, I'm just a mouse, but hey there's Mickey and Mighty Mouse!
You can expect to hear updates from me as I represent the interests of the Cheddar HODLers in the NEARVerse and beyond.
FAQ's
General
Cheddar is a NEP-141 loyalty token that rewards users of the NEAR ecosystem of dApps. Our vision is to help create a thriving ecosystem of NEAR dApps and DeFi through strategic partnerships that promote the use of NEAR while rewarding users.
The team will airdrop Cheddar to a small group of early supporters (Auditors, BetaNet testers and others that have helped with the launch).
A Free Community Farm launches September 23rd, 2021 at 00:00 UTC for 20 days that will allow anyone with NEAR to farm Cheddar for free.
Cheddar is inflationary as it provides utility to dApps throughout the NEARVerse. 2.3M tokens will be minted at Genesis and the DAO will approve future minting beyond the Free Community Farm which is unlimited minting (NO CAP) or 20 days. Cheddar will also have burn mechanisms implemented through its partners and buy backs via the Cheddar DAO.
Cheddar only exists on NEAR Protocol at this time, it may expand to other Networks it if benefits NEAR and its community.
The Cheddar token will be used in farming, discounts, and purchases. PowerUps will give a boost to what you are doing in certain instances.
Boosts will be NFT's or Special Cheddar tokens that can be earned or purchased with Cheddar. They will be honored in the Cheddar Farm and by partners to give you additional yields, discounts, or special access.
The team applied for and received a grant from the NEAR Foundation. No other funding has been raised.
As a loyalty token Cheddar is meant to be used in the NEAR ecosystem of dApps. The team does not have an active plan to launch liquidity pools (LP's). The Cheddar DAO however can vote to provide Cheddar as a loyalty token for LP's the community or other AMM / DEX's after launch in a future phase.
No DEX's are available at this time.
Free Community Farm
20 Days of Free Farming Starts September 23rd, 2021 UTC 00:00!
The team will airdrop Cheddar to a small group of early supporters (Auditors, BetaNet testers and others that have helped with the launch).
A Free Community Farm launches September 23rd, 2021 at 00:00 UTC for 20 days that will allow anyone with NEAR to farm Cheddar for free.
Yes, one external audit has been performed, in addition to multiple internal audits. More will be scheduled.
No, the Cheddar is not locked. We're actively working on ways to use Cheddar after farming ends.
It is solely for the purpose of farming Cheddar. We don't transfer, leverage or lock your NEAR.
That's completely up to you at this stage. The longer you stake, the more Cheddar you farm.
Both NEAR Wallet and Narwallets are supported.
The Free Community Farm only supports NEAR, future farms will support stNEAR.