This section contains an in-depth overview of the Cyclix Games token and its mechanics: $CYG.
1. Economic Mechanics and Rewards
The $CYG token features a distinctive design crafted to ensure continuous gameplay. It operates on a dual-phase system, alternating between "Burning Mode" and "Expansion Mode."
This innovative approach is designed to consistently engage the community, offer rewards, and maintain sustainable tokenomics. This approach fosters a dynamic and thriving ecosystem for the $CYG token.
Burning Mode: In "Burning Mode", where a percentage of the total supply is burned with every transaction (varying based on the transaction type), the supply will continue to be burned, reducing the circulating supply and enhancing the scarcity of tokens in the ecosystem. This mode will last until the minimum token threshold is reached. Once the token threshold is reached, the token switches to “Expansion Mode”.
Expansion Mode: In "Expansion Mode", the total supply increases with every transaction, with newly minted tokens are issued to the wallet initiating the transaction, supporting active platform usage and gamified engagement.
2. Tokenomics
Token allocations
Total supply: 15M tokens
Team: 5% (6 months cliff, 18 months vesting)
Marketing: 17%
Partnerships: 7% (20% TGE, 12 months vesting)
Presale Round: 50% (30% TGE, 6 months vesting)
Airdrop rewards: 11%
LP: 10%
3. Treasury
The Treasury is a community-aligned fund used to support growth, innovation, and participation across the Cyclix ecosystem.
Treasury allocation:
50% for Project Development and Ecosystem development.
30% for the Community: Rewards, giveaways, etc.
20% for Marketing: Promotional campaigns, partnerships, buy-backs, etc.
$CYG is a utility token used within the Cyclix Games ecosystem. It does not represent any ownership interest or guarantee of financial return. Participation in the Cyclix platform is for entertainment, gameplay, and engagement purposes only and should not be considered an investment.
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