To all Cedar holders,
I know the situation may feel quite serious right now. But the reality is that everything in life is fixable. What matters is how we respond as a community, and whether we choose to rebuild a supportive and constructive environment in time for the launch of Atlas.
Because Atlas changes everything for this project.
The path forward is actually quite straightforward.
Over the past few days the community has spoken very clearly about its concerns regarding how the project is currently being run by a single individual. In my view, that individual has been in clear breach of the mandate originally given by the former management committee to progress the project toward becoming a functioning DAO.
For that reason, the right thing to do would be to step down before the situation escalates further.
Once that happens, the immediate priority should be stabilisation.
Right now our social platforms have effectively been taken over by people who actively seek to damage both Cedar and Atlas. Moderation has collapsed. Genuine supporters have been driven away, and the environment has become dominated by hostility, misinformation, and deliberate attempts to undermine the project.
As a community, we are quite literally paying to maintain platforms that are currently causing material damage to our own project and token value. That situation cannot continue.
Those platforms need to be paused, cleaned up, and returned to their original purpose.
Our community owns those platforms and funds them. They exist to support genuine token holders and the success of the project. They do not exist as an open stage for people who are openly hostile to Cedar and Atlas to dominate the conversation and drive supporters away.
Restoring order, proper moderation, and a constructive environment within our community spaces must be one of the first steps in putting Cedar back on a stable path.
Once those initial steps are taken and the current torrent of FUD has been stemmed and removed from our community spaces, we can then turn our attention to the future of the project.
When I first raised the idea of moving Cedar toward true community ownership and governance, the vision was an idealistic one. In practice, that version of the model has clearly not worked. That reality should not discourage us, but it should encourage us to simplify and refocus.
Going forward, the committee should represent one thing above all else: the interests of the community and the success of our core product, Atlas Wallet.
The role of the community should be simple: to support the success of Atlas. Atlas is the product that ultimately gives Cedar its value, and the strength of the community should be directed toward helping that product succeed.
The short-term price of the Cedar token is largely irrelevant. The long-term value of Cedar rests on the success of Atlas, and our focus should remain firmly on that objective.
For that reason, the mandate of the committee and the DAO should be simplified.
The committee should exist to represent and organise the community in ways that support Atlas, without unnecessary complexity, without attempting to manufacture new utilities, and without spending money that does not directly benefit the project.
Governance should remain simple and practical.
Voting should be limited to essential matters such as:
• electing or replacing committee members
• deciding how dividends are distributed if and when they are received
• approving community initiatives that genuinely support the ecosystem
Beyond that, there is no need for complicated governance structures or constant voting cycles. The goal should be a focused, stable community that supports Atlas and allows the project to grow.
For now, the priority must be clarity and alignment.
One community.
One purpose.
One product.
Our task is to create the most positive and supportive environment possible for the launch of Atlas. If we do that, the vision many of us shared when this project began can finally start to become reality.
Everything is still ahead of us.
We appreciate that it has been a little while since we last shared a substantive update on Atlas Wallet, and we intend to provide a full operational update in the coming weeks. In the meantime, we want to thank you sincerely for your continued patience.
We are particularly conscious of the frustration this has caused for our beta testers, many of whom had come to rely on Atlas as their primary wallet. Despite the crowded wallet landscape, Atlas became a favourite for a large number of users, which is something we do not take lightly.
The work we are undertaking now is focused on ensuring that Atlas can meet its long-term ambitions without being constrained by scalability. From launch, whether Atlas serves a thousand users or a million, it needs to perform consistently and reliably. A key part of this process has been optimising the platform not only technically, but also financially. The beta programme was essential in helping us identify areas of inefficiency across both infrastructure and operating costs.
Atlas was originally built with very limited resources, and while we do intend to pursue a significant raise once the product is in the right position, efficient scaling is essential regardless of funding. A product that cannot scale cleanly, both technologically and economically, is not a product that can endure.
The improvements made during this offline period have been substantial. They will materially improve performance and reliability for users, while also making ongoing development far more efficient. Adding new features, integrating additional chains, and extending functionality will require significantly less time and complexity than before, due to major advances in our underlying infrastructure.
We recognise that many of you have been waiting a long time for Atlas to launch. Internally, our ambitions remain as high as ever. This has been a difficult journey at times, but the team remains fully committed to delivering a product that can compete immediately with the very best wallets in the industry. We genuinely believe that, through resilience, focus, and the support of an exceptional community of beta testers, we have built something that stands alongside products backed by vastly greater funding and longer development timelines.
That said, we understand that until Atlas is back in your hands, words only go so far. Seeing is believing. We appreciate your patience and look forward to sharing a more detailed update with you very soon.
@Dee_mac14@SamCKx "The first line is all you need to read". Spoken like a moron who only hears what he wants to hear. He wrote multiple paragraphs but you only want to focus on the one line that fits your narrative. @SamCKx has been nothing but open and honest from the start.
@DormantReaper92@SamCKx I wish it were true, but it seems like you do not understand the difference between civil and criminal law. The victims can sue for money but they can't be prosecuted. Before you reply about how I should "Do my own research" maybe you can provide a source if you think I am wrong.
@DormantReaper92@SamCKx Anyone involved cannot be prosecuted. The 5 year statute of limitations has past. The only thing she is looking to do is say bad things about trump enemies and say trump new nothing about the crimes. That way she can get a pardon.
Cedar ($CDR) IS LIVE!
After many months of hard work, we’re delighted to confirm that Cedar is now live for trading on Solana.
🔗 Contract address:
HZqjjeso24PDVdLsVJQyVb8kDnbo7HhXfY1Jane66o9C
🪙 BUY $CDR now on Jupiter:
https://t.co/BIJCGSER16
Cedar’s roots trace back to a long-standing community token launched on BSC in 2021, where it rose to become the #1 rewards token in the world.
Now, rebuilt and reimagined for Solana, Cedar aims to fulfil that legacy and become the leading utility-rewards token on the network.
🔁 Rewards will be generated from three sources:
1) A warchest containing 1,458.95 SOL and 10,877,607.64 $CDR
2) At least 50% of liquidity fees from our massive LP, launched with $3.7M of SOL and 90M $CDR
3) Profit-sharing from our ecosystem products — including our flagship @atlaswallet, in development for over 2.5 years
⏳ $CDR claiming will open shortly, with full details announced here and hosted only on our official site:
🌐 https://t.co/7iZA276OUF
Welcome to the new era of rewards on Solana!
We Are Cedar.
$CDR (Cedar) Rewards Preview
Cedar Rewards won't be just another basic distribution model on Solana. We’re building something more dynamic, that isn’t limited to just sending a single token like SOL or a stablecoin from one source alone.
We believe rewards should be more flexible, more diverse, and more sustainable. That’s why we’re developing a system that can distribute rewards not only from liquidity based fees, but also from real utility-generated revenue, as well as tokens received through promotions or strategic partnerships. And Cedar Rewards will also allow distributions in any token on the Solana blockchain, whether it’s an SPL token, or even a 2022 token with custom extensions.
Holders will be able to receive rewards from multiple sources!
- Liquidity pool fees
- Revenue from Cedar’s current and future utilities and products
- Promotional distributions or partner incentives.
And these rewards can be delivered in SOL, our native token, or any other token we choose to support.
It’s a more advanced, flexible approach, built for long term value and growth. On top of that, we’ll also offer a full rewards dashboard where you can track all your pending rewards, your historical earnings, and total rewards distributed across the ecosystem.
Gm Cedar fam,
Happy Friday, it’s time to grind!
Some focus only on price.
Others focus on conviction.
One reacts to noise.
The other builds through it.
Which one are you?
The Day in Crypto with Atlas Wallet:
Cardano pushes toward $1 with rising ETF odds: Chillonic flips NFTs into memecoins on Sonic, culture and liquidity, no compromises.
Good morning Cedar Fam,
It’s been 2 weeks since we launched.
We’re under new management. The coffee’s stronger, the plans tighter, and the rewards? Let’s just say… they’re getting juiced.
Good things are coming. You’re on Solana now. $CDR
Cedar is new to Solana, but we’ve got close to $40M in street cred.
We may not be a meme, but we came from one of the largest rewards based tokens in DeFi. While on BSC under our previous branding almost $40M in stablecoin rewards were delivered to holders.
Rebranded as Cedar and now live on Solana, we’ve brought with us a massive community, a war chest of rewards for $CDR holders, ongoing rewards from LP fees, and future profit sharing from utilities the Cedar community will have ownership in once live, like @AtlasWallet.
We’re working hard to get rewards live and can’t wait for you all to see them in action!
Big thanks to all the holders and supporters who’ve been riding with us, proud to be building on Solana with you!
What’s next for $CDR?
- A unique rewards system (not just a basic system, we’re doing it different)
- A solid war chest of rewards already banked for holders
- More rewards being stacked as we speak
- And future profit sharing from Atlas Wallet on the horizon
We’ve got the goods. Now we just need the spotlight. Help us get there, Solana’s watching. We’re the new kid in town!
We might be new on Solana, but we’re no rookies to DeFi.
Before the rebrand, we dished out over $40M in stablecoin rewards, and now we’re back to do it even bigger:
• A War Chest of rewards ready to roll
• LP fee rewards already flowing in
• Profit-sharing to come, from real utilities like @AtlasWallet that are owned by the Cedar community
Rewards haven’t kicked in just yet, but everything’s in place and they’re accumulating.
If that’s not Strong Wood, we don’t know what is.
$CDR isn’t just built different, it’s built to reward.
Can we talk about how game changing the @AtlasWallet iOS release candidate is?!?
👀 🤯 🤩
$BNB to $SOL cross-chain without sketchy dApps in less than 3 minutes!!
The Atlas team did an amazing job with this build.
Thanks
@SamCKx@RocketGPT @Cody_Black_1
Hopefully, whenever we can get @Pierce_Brown to come back for an interview we can get an update on the Red Rising TV show.
Is anyone hyped for the Red Rising show? 🤔 Let us know down in the comments! 👇
🏷️ #bookclub#howlers#scifibooks#redrising#piercebrown
@HootieMcBoob88@ed_janz@SamCKx@MariosDemX Please name one other crypto project that has been around for 3 years and has had as much communication that sam has provided. You obviously know nothing about how fraudulent 99% of most crypto projects are.