🚨 $CYC a Hidden Crypto Gem 💎 Trading on Binance Alpha🔥🚀
💥 ABOUT CYCLE NETWORK (CYC)
Cycle Network is an infrastructure protocol designed to serve as a universal settlement layer for digital assets and decentralized applications across multiple blockchains. The ecosystem aims to address liquidity fragmentation and interoperability issues in decentralized finance (DeFi) by enabling seamless asset transfers and application logic across over 20 blockchain ecosystems, such as Ethereum, Base, Avax and BNB Chain, using Verifiable State Aggregation.
💥 TOKENOMICS AND ALLOCATION/DISTRIBUTION:
• Total Supply: 1 billion $CYC token (Fixed)
• Circulating Supply: 152 million token (Approximately 15.2% of the total supply)
• Current price: $0.054 (Tradable on Bitget Exchange)
• Market Capitalization: $8.27 million (Making the token an ideal choice for investors looking to make profit on short term.
💥 IMPORTANT TOKEN ALLOCATION:
• Team and Advisors (20%): 12 month cliff after TGE, vesting linearly over 48 months.
• Investors (15%): 12 months cliff, vesting linearly over 36 months.
• Treasury (10%): 6 months cliff, unlocked over 48 months.
• Market Expansion (10%): Used for TGE and partnerships to enhance liquidity.
• Community (15%): Incentives for users contributing revenue to the network.
• Staking Rewards (10%): Rewards for network security over 60 months.
💥 TOKEN UTILITIES;
1. SDK Usage Fees: Developers pay #CYC to use the Rollin/Rollout SDK for cross-chain functionality.
2. Mainnet Gas Fees: CYC is used to pay gas fees for deploying dApps on the Cycle Network.
3. Governance: CYC holders participate in protocol governance, voting on decisions like treasury allocation and ecosystem incentives.
4. Liquidity Mining: CYCincentivizes liquidity provision for mainstream assets like ETH, USDT, and USDC through all chain settlement LP staking rewards.
NB: DYOR before trading.
