Cerberus is a decentralized reserve currency protocol launching under the 3DOG token. Each 3DOG token is backed by a basket of assets, starting with meme coins, e.g. Shiba Inu (SHIB), Ethereum (wETH), and, eventually, stablecoins (DAI), all held in the Cerberus treasury, giving the 3DOG token an intrinsic value below which it cannot fall.

Given that Cerberus is a fork of the OlympusDAO protocol, Cerberus features the same economic and game theory dynamics that were introduced into the market by OlympusDAO through staking and bonding. What sets Cerberus apart from Olympus and its forks is that it harnesses the limitless power of meme coins, starting with SHIB, rather than relying chiefly on stablecoins to fill its treasury. 

The DAO contract is held in a Gnosis Safe. All the funds accumulated by the DAO over time are held in that address. For instance, the DAO receives 3DOG from every bond sold by the protocol. The DAO address also holds funds from any future strategic investments.