Background
Cyclone is the leading #PriFi protocol that offers cross-chain + zkSNARKs-based privacy, with yield enhancement, governed by the decentralized DAO. Cyclone has been successfully launched on IoTeX, BSC, Ethereum and Polygon.
With the vigorous development of IoTeX, the projects on the IoTeX chain are showing an explosive growth trend. Cyclone has achieved partnerships with many projects on IoTeX, ZoomSwap, Blade, etc. In current phase, Cyclone is focusing on cooperating with high-quality projects on IoTeX and Binance Smart Chain to create a more valuable DeFi ecosystem.
Proposal
The proposal suggests refilling the following pools that are about to finish their 3rd rounds of the mission, but still very active in terms of TVL. Once passed, additional CYC will be minted and injected into these pools on 3/25 5:00AM UTC to support them operate for another 120 days with the proposed amount of anonymity/liquidity reward. Details are as follows:
BSC - Pool R2D2
Asset: 10,000 BUSD
Life Cycle: 120 days
Anonymity Mining v2: 1 CYC per day
BSC - Pool C3PO
Asset: 100 BNB
Life Cycle: 120 days
Anonymity Mining v2: 3 CYC per day
BSC - Pool BB8
Asset: 25,000 IOTX
Life Cycle: 120 days
Anonymity Mining v2: 0.5 CYC per day
BSC - Pool Johnny5
Asset: 3 CYC
Life Cycle: 120 days
Anonymity Mining v2: 2 CYC per day
ETH - Pool Espresso
Asset: 100,000 USDT
Life Cycle: 120 days
Anonymity Mining v2: 3 CYC per day
ETH - Pool Cold Brew
Asset: 100 TORN
Life Cycle: 120 days
Anonymity Mining v2: 0.15 CYC per day
ETH - Pool Latte
Asset: 100 ETH
Life Cycle: 120 days
Anonymity Mining v2: 3 CYC per day
CYC-BSC Liquidity Pool
Asset: CYC/BNB LP
Life Cycle: 120 days
Liquidity Mining: 20 CYC per day
CYC-ETH Liquidity Pool
Asset: CYC/ETH LP
Life Cycle: 120 days
Liquidity Mining: 5 CYC per day
The Vote
This proposal needs to be approved via a vote by the community before execution.
Discussion
Please discuss this proposal in this forum thread.