Token Economics
Cyclone Protocol is fueled by the CYC token, which is designed to incentivize anonymity providers, liquidity providers, and users. CYC is NOT pre-mined or pre-allocated. Those that contribute to Cyclone will earn CYC.
- Total Supply: 50,000, fixed
- CYC Mint
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- Genesis anonymity pools will be provisioned when launch on a blockchain
- Opening of additional anonymity pools will have to go through community vote
- Liquidity Mining: CYC is rewarded to users who provides liquidity for CYC on DEX (Decentralized Exchanges).
- CYC Utility
- Use Anonymity Pool: when one uses the anonymity pool to gain privacy, a certain portion of CYC will be burned.
- Decentralized Governance: CYC holders are entitled to govern the Cyclone Protocol.

There are four roles in Cyclone Protocol.
Roles | How To Become | Benefits |
Anonymity Provider | Provide anonymity by depositing tokens and letting them stay there for a while | Anonymity mining reward |
User | Deposit-and-withdraw tokens for transactional privacy | Gain privacy |
Liquidity Provider | Bond coins/tokens + CYC to DEX to provide liquidity of CYC | Liquidity mining reward |
Governors | CYC holders who decide how the protocol evolves | Certain rights |
CYC Token is issued on multiple blockchains and fully connected via the bridge. The CYC contract addresses are different chains are:
- IoTeX
io1f4acssp65t6s90egjkzpvrdsrjjyysnvxgqjrh
- BSC
0x810ee35443639348adbbc467b33310d2ab43c168
- Ethereum
0x8861cff2366c1128fd699b68304ad99a0764ef9a
Please refer to the following sections for details.
Last modified 2yr ago