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.
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:
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.
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.
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.
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