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 https://forum.cyclone.xyz/t/4th-round-refill-bsc-ethereum-pools-anonymity-liquidity-rewards/171