What is Cyclops Game
Cyclops Game is also known as Cyclops Finance, it is a Hybrid DeFi project that is focused on developing highly customizable blockchain solutions for gaming.
Our technologies combine the concept of DeFi yield farming and assets identity representation through NFTs to develop a hybrid decentralized gaming platform.
Our 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 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.
Holder also have voting right. They also benefit from discounts, bonuses, early access and additional periodically distributed rewards. Holders of this token also have a say on how the allocations of the second token are released.
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.