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 and its TVL has reached 40,000,000 USD.
Proposal
The proposal suggests refilling the following pools that are about to finish their first 90 days of the mission, yet still very active in terms of TVL. Once passed, additional CYC will be minted and injected into these pools on 8/12 12:00AM UTC to support them operate for another 90 days with the proposed amount of anonymity/liquidity reward.
IoTeX - Pool Biscuit
Asset: 50,000 IOTX
Life Cycle: 90 days
Anonymity Mining v2: 0.2 CYC per day
IoTeX - Pool Snickerdoodle
Asset: 500,000 IOTX
Life Cycle: 90 days
Anonymity Mining v2: 1 CYC per day
IoTeX - Pool Gingersnaps
Asset: 2,000,000 VITA
Life Cycle: 90 days
Anonymity Mining v2: 0.05 CYC per day
CYC-IOTX Liquidity Pool
Asset: CYC-IOTX LP
Life Cycle: 90 days
Liquidity Mining: 20 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.