Review: CYCLOPS Finance Platform and Staking Features
CYCLOPS Finance Platform and Features![gambar.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmfVirQcvP6NQTomJNnePSVmK43pXkMKSAtDgw27jRz4rZ/gambar.png)
Introduction
DeFi is short for “decentralized finance,” an umbrella term for a variety of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries
DeFi is based on Decentralized Applications (dApps) or protocols. By running these dApps on a blockchain, it provides a peer-to-peer financial network. Like lego building blocks, every dApp can be combined with each other.
Cyclops Finance Platform
Cyclops game is a Hybrid DeFi project, focused on developing highly customizable blockchain solutions for gaming. Combining the concept of DeFi yield farming and assets identity representation through NFTs to develop a decentralized gaming platform.
Cyclops Finance Hybrid decentralized gaming platform allow decentralized games to be developed on the blockchain with ease but not just that, it also serves as a layer 2 bridge for conventional games making it possible for such games and/or platforms to hybridize and interact with the blockchain. With this, conventional games will be able to easily migrate and become semi-decentralized.
CYCLOPS FINANCE Token
- Cyclops Treasure Token
Cyclops Finance has created native/governance token named CYCLOPS TREASURE and this is the detail of the Token :
Token Name : Treasure Token
Token Ticker : CYTR
Token Contract : 0xbd05cee8741100010d8e93048a80ed77645ac7bf
Total Supply : 1000
Circulation Supply : 1000
Token Price : 247.33 ( By Coingecko )
this token was listed on big exchange and had a big volume-trade on a day !
Uniswap : https://info.uniswap.org/token/0xbd05cee8741100010d8e93048a80ed77645ac7bf
Hotbit : https://www.hotbit.io/exchange?symbol=CYTR_USDT
Opensea : https://opensea.io/assets/cyclops-v2
2. Cyclops Game Rewards Token
This token are created for giving a reward to players who made a new achievement.
Token Name : Cyclops Currency
Token Ticker : CYCR
Token Contract : N/a
Total Supply : 16000
Circulation Supply : Estimated to be 4,200 at deployment
The Advantages on Cyclops Gaming Ecosystem
Cyclops Game operates using a dual token system, these tokens have their unique use and dependencies, they are:
1.Cyclops Treasure (CYTR)
CYTR is the platform’s Governance token. Holders of this token are sort of, Shareholders in Cyclops Game, they are entitled to a portion of the entire earnings of Cyclops Game.
This token is very scarce as the total supply is just 1000.
In addition to all these, the CYTR token is also the only currency used for trading on the Hephaestus workshop.
2. Cyclops Currency (CYCR)
CYCR is the platform’s rewards token. Holders of this token can stake this token and receive rewards. With the governance of CYTR, CYCR will be implemented in the staking of other DeFi projects and also, other utilities will be developed around CYCR.
The total Maximum supply of this token is 16,000. The initial supply is expected to between 3000-4000. With the governance of the CYTR holders, the supply of the CYCR token is strictly controlled.
Note: Both CYTR and CYCR can be staked. Check out the staking feature section for details.
For a better understanding of what Cyclops game is offering the community, check out the Features section.
Cyclops Finance Staking Features
Staking is nearly as profitable as the mining or trading of cryptocurrencies, and without risk. All you have to do is stake (buy & hold) some coins in order to get added to the mining pool. As for profits, the actual profits you can make from staking will depend on how much you vest and for how long.
Staking is an important feature offered by Cyclops Game, though it is not a main feature, it is a feature in which other features depends on. It serves as a complementing mechanism for their functionalities of those features.
is Staking on Cyclops Finance Platform is w
Is Staking worth for investment? YES.
is Staking CYTR token worth? definitely YES.
What The Cyclops Finance Staking Features Provided ?
- Tournament Asset Pool
This allows users to stake their assets (game characters) and get rewards. Only game assets are required to be staked in this pool.
2. Block of Fame (BoF) Pool
This allows users to stake the following individual tokens and also vote for Famers.
3. Hephaestus Furnace Pool
This allows users to stake uniswap liquidity tokens. The liquidity pairs that can be staked in this pool are:
Note : In this, only uniswap liquidity token for the respective pairs can be staked
Review
- Platform
Cyclops Finance team made a great revolution on a world Decentralized-Gaming and NFT system with the ecosystem that Cyclops Finance team run with it. Moreover, the platform was show and learn to gamers that we create and developing new system with new era using NFT system, which is great and brilliant idea!
For the journey, you can see at the roadmap of the project and all the plans that the team will build/develope its not taking a long time, so we have a lot of advantages if we join with thethe Cyclops Finance.
This platform are new and still growth, but don't ever try to underestimates this platform because the Cyclops Finance has a Partnership with Nulls and will growth again with a new partnership.
This project, was good! Keep in touch with this platform.
2. Staking Feature
As we've read, this token has a good price and had a big volume-trade on a exchanges, as we've know tho that the staking was always made a pasif income, so why you wouldn't try staking CYCR or CYTR on this platform?
are staking CYCR/CYTR profitable? dude, DEFINITELY YES !
i assumed you to first, join the Official Cyclops Finance group on telegram and keep in touch with the team, news and some question-n-answer. After that, makes sure your self to invest or do staking on Cyclops Finance, the last, wait and you can feel what a real staking platform with good platform and token economics system.
Cyclops Finance has a page to trade buy-sell CYCR you can check this page.
https://sale.cyclops.game
Lets, take your time to check the Cyclops Finance on :
Website : https://cyclops.game/
Page trade and buy : https://sale.cyclops.game/
Whitepaper : https://cyclops.gitbook.io/cyclops-game/tokenomics
Medium : https://medium.com/@cyclopsgames
Twitter : https://twitter.com/CyclopsFinance
Telegram : https://t.me/CyclopsFinance
Github : https://github.com/CyclopsFinance
Discord : https://discord.com/invite/dbuEXdm
You also can check CYTR Token was listed at :
Uniswap : https://info.uniswap.org/token/0xbd05cee8741100010d8e93048a80ed77645ac7bf
Liquidity Lockup Proof : https://v2.unicrypt.network/pair/0x4DDAE4cB4aa7e7dc400153cb55b17397E5F577C9
Hotbit : https://www.hotbit.io/exchange?symbol=CYTR_USDT
Opensea : https://opensea.io/assets/cyclops-v2
Writted and Review by :
Username bitcointalk : trysetya11
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1686500
ERC20 Wallet Address : 0xa8e1B3a21efB4EBcF0887d0FC96361097342D9A0