Cygnus Token
Your Guide to Cygnus: Understanding the Token and its Value
Introduction
Cygnus Network aims to build the first modular real yield layer. As the end game of real yield, it combines non-EVM systems such as TON with EVM ecosystem.
Modular Yield Layer: The Cygnus Network introduces a programmable ZK solution as an EVM-native layer with zero gas fees, offering a 10x reduction in costs and a highly scalable environment for infrastructure and applications that generate yield.
EVM & Non-EVM Integration: The platform supports a hybrid model of onchain and offchain yield, enabling users to benefit from a variety of assets, such as cgTON, cgUSD, cgBTC, and cgETH, across different ecosystems.
User-Friendly Onboarding: To lower the barrier to entry for traditional users, the Cygnus Network integrates the Telegram App SDK, providing a direct path for over 1 billion Telegram users to participate in the ecosystem.
Yield-Bearing LVS: The Liquidity Validation System offers services for any system requiring distributed validation semantics. Users actively participate in the ecosystem’s liquidity security while automatically enjoying the benefits of staking yield, LVS fees, and other incentives.
$CYGNUS Utility on Cygnus Network
Cygnus Network is designed to thrive on on-chain activities, generating value for token holders, contributors, builders, and users:Value Accrual for Token Holders:
Token holders benefit from the productive re-deployment of sequencer revenue and gas savings from modular DA.
Sequencer revenue and DA gas fee savings primarily fund on-chain activities and zk applications, driving demand for blockspace.
Builders and Contributors:
Builders and contributors receive direct benefits from retroactive on-chain activities funding and the markets it enables.
A symbiotic relationship emerges as a well-funded ecosystem attracts builders, fostering the growth of tools, education, apps, and infrastructure.
Revenue is distributed to ecosystem projects and public goods funding, continually incentivizing, fostering innovation, supporting early-stage projects, and driving the adoption of cutting-edge technologies in the Cygnus ecosystem.
Users and Community Members:
Ongoing ecosystem and community incentives and project incentives funded by $CYGNUS benefit users and community members.
The value extends from the advantages provided by on-chain activities and zk applications.
Revenue Generation:
Demand for $CYGNUS blockspace generates revenue.
Initial funding from the sequencer accrues to the Cygnus Foundation for redistribution.
Future funding may accrue directly to the protocol through the sale of participation rights in Cygnus’s decentralized sequencing network.
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