Cyclone Protocol
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Introduction
How It Works
Anonymity Pools
Token Economics
Liquidity Mining (LM)
Anonymity Mining v1 (AMv1)
Anonymity Mining v2 (AMv2)
Smart Contracts
Deployment
Roadmap
Decentralized Governance
Analytics
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A Step-by-Step Guide
Mining Guide
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Liquidity Mining (LM)

Liquidity Mining

  • CYC can be supplied to DEX on different blockchains such as Uniswap, Pancake and mimo to produce CYC-ETH (TBD), CYC-BNB and CYC-IOTX Pool Tokens separately
  • Deposit of Pool Tokens to the contract to earn Daily Liquidity Reward
  • The Daily Liquidity Reward for each liquidity pair is composed of 20 CYC tokens for now, which is subject to change according to the decentralized governance
  • All CYC tokens in the daily liquidity pool are proportionally distributed to whoever stakes Pool Tokens
  • Liquidity miners can claim their CYC reward anytime, stake or unstake their pool tokens anytime.

Fee

  • For liquidity mining on IoTeX, there is NO FEE;
  • For liquidity mining on BSC, 0.5% of the LP tokens deposited is charged that is used to buy back CYC and burn.
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Liquidity Mining
Fee