CryptoAndBeyond (Paul)

CDR Recap – What happened this month? • Harneys Engagement: → Harneys was officially retained as Cayman legal counsel. • Regulatory Compliance Review: → Harneys is reviewing whether Cedar qualifies as a Virtual Asset Service Provider (VASP) and will provide a formal legal opinion. → A VASP provides services like exchanging, transferring, or safekeeping digital assets. If Cedar were a VASP, it would trigger specific Cayman regulatory obligations. → Initial view: Cedar is not subject to VASP obligations, but we need the formal opinion before proceeding with Foundation registration. • Ongoing Communication: → We’re actively responding to Harneys’ questions to support their review. • Foundation Director Interviews: → Interviews concluded last week — final selection expected soon. The chosen Director will be included in the registration package. CDR Looking Ahead – In No Particular Order • Bank Discussions: → Meetings with potential banking partners in the coming weeks. • Committee Preparation: → Finalizing requirements for Committee candidates. → Defining roles and responsibilities to guide future elections. • Operational & Governance Tasks: → Lock the Liquidity Pool (LP). → Draft bylaws and governance voting mechanisms. → Address IT/tech tasks with the CTO, including rewards claimpad audit. • Atlas Wallet: → Receive the 50k shares.

🚨$500 CEDAR ($CDR) GIVEAWAY: DAY 1 OF 7!🚨 We’re giving away $500 (est. launch price value) worth of Cedar tokens every day until launch! (Winning Tokens distributed within 5 days after launch) Cedar officially launches May 6, 2025 at 12 PM EST, don’t miss your chance to be part of one of the most exciting community launches in Solana history! Each day: - 5 winners - 2,400 Cedar tokens each (approx. $100 at launch) - Winners will be drawn and announced 24 hours after each giveaway announcement is posted from the official Cedar X account. (Winning tokens will be distributed within 5 days after launch.) How to Enter: - Like this post - Reply to the post tagging 2 friends and type We Are Cedar - Repost (retweet) - Follow this account New giveaway. New winners. Every day! What is Cedar? - The evolution of two BSC projects, including the biggest rewards project in crypto history ($40M+ in rewards previously given). - Launching on Solana with 24,992 SOL (over $3.5M) in liquidity currently. - A massive community and long serving team. - Home of Atlas Wallet, a 2.5-year DeFi wallet innovation coming soon. Cedar holders earn rewards from: - LP trading fees. - An existing war chest of rewards. - Ecosystem revenue (including Atlas Wallet profit shares). Terms: - You must follow this account to qualify. - No bot or giveaway-only accounts. - Winners must DM their Solana address. (Cedar X account will not proactively message announced winners) - Prizes distributed within 5 days after launch. Join the Cedar community! Follow us and connect in our Discord and Telegram!

Official Statement on Harassment and Defamation Since the exploit of our Staking contract, our project and team have been subjected to daily harassment and defamatory, misleading statements from a small but coordinated group of anonymous accounts on X. To protect our community in the long term, we have launched an investigation to identify those responsible. While this has been challenging, we have successfully identified one of the key individuals behind these attacks. Later today, we will be filing a formal report with their local police for criminal harassment, a serious offence in their jurisdiction. Additionally, we will be notifying the financial services regulator in their country regarding the false and potentially unlawful claims they have publicly made on X. We have compiled a comprehensive dossier of evidence demonstrating that these individuals have engaged in a deliberate campaign to mislead the public about our project, defame our committee members, and harass and intimidate them. Once these criminal actions have been reported, we hope to obtain further support from law enforcement to identify additional individuals involved. Unlike us, the authorities have the legal power to request information from social media platforms to uncover the identities behind these anonymous accounts. To Our Loyal and Patient Holders: We understand the deep frustration caused by the Staking contract exploit and the impact of being unable to trade your tokens. Until this incident, we had successfully operated a secure and transparent project for over three years, distributing approximately $40 million in passive rewards—more than any other project in history. The compromised smart contract was developed by a company who no longer has any involvement with our project and was audited by a firm we no longer engage with. This is the same company responsible for the failed LunaSky development. We have severed all ties with them, and none of our current work is connected to that entity. Following the exploit, our team undertook an enormous effort to secure the project, account for all tokens, and build a database and future allocation dashboard. We then facilitated a DAO vote to allow our community to determine the best path forward. After multiple DAO votes, we are now in the final phase—developing a secure solution to enable holders to claim their tokens from BSC onto Solana. Throughout this process, the committee and community team have acted with the utmost good faith. This can be proven beyond doubt, both publicly and behind the scenes, should it ever be necessary. Contrary to provably false and defamatory claims, the committee and team operate on extremely low wages, working part-time while maintaining other jobs to support their families. Many personal sacrifices have been made to ensure that we remain one of the few surviving projects from 2021—despite unprecedented challenges. Dealing with ongoing harassment, misinformation, and defamation has been incredibly difficult. This is why we are now taking legal action. We cannot and will not allow anonymous accounts to continue spreading false information about our committee and project, nor can we tolerate ongoing criminal harassment. Cedar: A Project That Stands the Test of Time Cedar is a rare example of an ethical, transparent project that has remained committed to its community despite severe challenges. Nearly every other project in our space has faced one true failure—the moment they gave up. Cedar has endured more hardships than most, yet we are still here, still building, and ready to thrive. We thank our dedicated holders for their patience and continued support. Our mission remains the same: to deliver the best possible outcome for our community and ensure Cedar’s long-term success.

The CedarDAO governance will continue via our SnapShot account until we relaunch on Solana, at which point our decentralised voting system will be linked to the new token supply, rather than the former token supply, and we will use a Solana based DAO voting system. A reminder that all major project decisions are made via our SnapShot DAO, which is the leading independent blockchain voting system in the world, to allow for fully decentralised community governance. Holders have 1 vote for every token they hold according to the Future Allocation Dashboard: evergrowegc.com/future-alloc… and the governance token, which has 134,878 individual holders, can be found at bscscan.com/token/0xb54b9884… and you will also see this token in your wallets. It is worth nothing that no individual wallet has enough tokens to strongly influence any votes, due to the diverse distribution of our tokens over so many wallets. A record of our previous votes remain permanently on SnapShot, verifying the fully decentralised nature of our DAO. The committee are in place to carry out the instructions of the DAO only, on all major and fundamental decisions pertaining to the project: snapshot.box/#/s:evergrow-lu…

Introducing Cedar! Inspired by the mighty Cedar tree - a timeless symbol of strength, growth, resilience, and longevity. Evolving from BSC to Solana, Cedar was built to empower communities and thrive through challenges; here to stand the test of time. Join us on a journey of innovation and growth!