Cycle Network Unveils Comprehensive CYC Tokenomics with a Total Supply of 1 Billion Tokens
According to ChainCatcher, Cycle Network has officially announced the complete economic model of CYC and its recent development plans. The total supply of CYC is set at 1 billion tokens, with no inflation. Tokens allocated to the team and investors will be released linearly after a one-year lock-up period, aiming to ensure long-term growth.
At the same time, Cycle stated that it will actively promote RWA projects to enable cross-chain asset issuance and on-chain yield synergy, helping Web2 enterprises seamlessly integrate into the multi-chain ecosystem and facilitating the secure and efficient circulation of assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 86,800 SOL transferred to a certain exchange, worth approximately $11.95 million
In the past 7 days, only 5 public blockchains had fee revenues exceeding $1 million.
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.
Musk: Grok is open-source software, anyone can use it for free
Trending news
MoreCrypto prices
More
