We are pleased to announce our next AMA on September 5th 2021 at 03:00 PM UTC Time: Satoshi Club x Cyclos
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Cyclos Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Cyclos Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Cyclos
For more details:
Cyclos Website – cyclos.io
Cyclos Telegram – @cyclosofficialchat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
We all know that Solana is also different from its competitors since it runs on the proof-of-history (PoH) method rather than on proof-of-work (PoW) like Bitcoin or proof-of-stake (PoS) like Cardano — and soon Ethereum. So, tell me that is this the reason why cyclos is running in SOLANA? If you use solana for less fee why don’t you choose binance smart chain(BSC)? How Solana helps in the enhancement of your project? Do you have any plans to run your project more other chains in the coming future like BSC, ETHERUEM and etc., ? And, how will you make “cyclos” the best AMM in SOLANA network as well as in the cryptosphere?
After researching the project, I found that liquidity is provided through your platform, which is then injected into the Serum. That means Cyclos will not directly compete with Serum DEX. So what about other platforms like Raydium, Bonfida, Uniswap? Are these the platforms that Cyclos is directly confronting? If so, what advantages is Cyclos holding to compete with them to increase demand for DEX and make Cyclos the best DEX? Are you confident about the advantages that Cyclos holds?
Cyclos as a concentrated liquidity market maker is built on Solana. How is Cyclos different from other liquidity makers on Solana like Bonfida and Raydium. These platforms distribute liquidity by spreading each liquidity providers capital from the price of 0, similar to the same way Uniswap v2 does. Is Cyclos different from these platforms and what are the ways Cyclos try to be the best among competitors in this circle?
Cyclos comes from the Ancient Greek word, kúklos, meaning circle. Why have you chosen this name? Does it mean that Cyclos try to see that traders and liquidity providers will both benefit greatly from Cyclos, like what liquidity providers bring to the table will have a way of positively affecting trading volume of users. I want to get it really straight?
Where can I get all the latest news? Do you have a Twitter/Telegram/Discord community? If yes can you share the link here because there are a lot of fake telegram/twitter groups?
Do you have an ambassador program available? If yes, how can I join it? And may I know what’s the benefit available for the ambassador?
So many projects just like to speak about the “long term vision and mission” but what are your short term objectives? What are you focusing on right now?
what is the background, of the your project, team do you think team’s qualifications, and experience, able to support the long-term development, of the project?
Do you have a Token Burning plan to increase Token value and attract Investors to invest?
In the next 6–12 months what features or products you planning to release? What we should looking for? Is there any exciting news?
Today, DEX is in high demand for many traders.Furthermore,there are already more popular DEX than Cyclos like Uniswap or SerumDex. What plan do you have to compete with them, to increase demand for DEX and make Cyclos the best DEX?
What makes Cyclos better than competitor? It is really hard to get compete these days cause a lot new projects bringing new technology
Based on your documents, Cyclos allows liquidity providers to select the exact price ranges at which their liquidity is active. What if there is an event of massive price fluctuations and volatility in the market and the current price of a token that time does not match any of the Liquidity Providers’ desired price range, does that mean there won’t be any liquidity available since all of the LP is inactive? Does Cyclos fills up the gap of any unwanted price range and provide liquidity itself?
Looking at your litepaper, one way Cyclos deals with impermanent loss is to embeds the “intelligence of the masses” within order book liquidity. What do you mean by intelligence of the masses here? Also, could you explain technically how would your “Concentrated Liquidity” solve the problem of impermanent loss and help traders maximize gains?
Although Solana has not yet reached its “peak”, many project had begun building uderneath it and one of them is your project, Cyclos. There are several other projects that can compete with Cyclos the likes of which are Bonfida and Raydium. Both platforms uses Serum’s orderbook just like Cyclos and provides distributed liquidity just like Uniswap v2. What makes Cylos more superior and much better compared to these two and to all of its other competitors? What is your primary product/service that will distinguish you among the rest?
Cyclos native token $CYS will be launching with an IDO event on Solanium on the 6th of September 2021 but i couldn’t find detailed information of how users can participate in your IDO on your website or article.My question is,Participant of your IDO should have what amount of $CYS token in their wallet?Suppose I have $CYS token in BSC network and I want to participate in your IDO,how will I do that?And at what price can one get your token during launch?Since there will be a whitelist lottery,can you give us details on how user can whitelist themselves and is KYC needed?Will there be any incentives giving to users who participated in the IDO and whitelisting lottery?Thanks
When you say cyclos is a concentrated liquidity Market Maker and that This is different to other AMM solutions for a couple of reasons. Please tell us more reasons why this is different.
What is the number#1 priority for cyclos before the end of this year?
Currently we know how COVID 19 has affected many economies around the world but most times negativity, but cyclos is a crypto business, does COVID 19 affect you negatively or positively? Do you have to bring down some plans or Are you still on track to achieve your goals? What are your new plans if you have any?
By the end of the year 2021 ,Cyclos will have hackathon and incubation program.What is the purpose of this program and how long will it last?Who are welcome to participate in it?Will there be any reward for those who follow up in the program and how does it work? Thanks
I noticed that your testnet is already launched.Can you tell us how you go about it since it was made from the scratch?What opportunity will Cyclos testnet give users and how will users join the testnet ?Lastly,what will users be able to do on the testnet? Thanks
Most of the projects focus their attention on long-term objectives and purposes, in this sense Cyclos offers long-term holding incentives: holders who block the token will receive a% of commercial fees, however investors want to obtain profitability and short-term earnings, what can be a strategy in which both parties benefit, what is the minimum time that the tokens must remain blocked for their holders to generate rewards, do you consider that the blockchain is necessary and essential for the evolution of decentralized commerce ?
Cyclos es un creador de mercado automatizado que aporta liquidez concentrada al estilo de Unniswap V3 a Solana, pero esta dispuesto a incorporar otras cadenas de bloques? a que se refiere con reposicionamiento dinámico, para cuando estara disponible la expansión a otros protocolos de capa 1?
Is all the attention or main activity of Cyclos focused on liquidity? What is the mechanism that Cyclos uses to allow LPs to select the exact price ranges in which their liquidity is active, what benefits does the depth of liquidity around the market price offer, what are the main market price indicators?
CYCLOS -On your LITEPAPER, we understand (CYS) CYCLOS is an automated V3-Style concentrated Liquidity to SOLANA. CYCLOS is built exclusively using the SOLANA blockchain, Providing Unparalleled Speed and Scalability. Less exposure to impermanent loss LPs by bringing Concentrated “Smart” Liquidity to the AMM Space on SOLANA, CYCLOS embeds the intelligence of the masses within Order book Liquidity by allowing LPs to Concentrate their Funds at chosen Price intervals. Now the question is, what are the major benefits associated with CYCLOS interfacing on SOLANA blockchain? What is the rate of gas fee payable on transactions with CYCLOS on SOLANA blockchain what Utility Token is CYCLOS? Thanks
Cyclos has several mechanisms built into the utility that allow token holders to benefit from platform development, similar to CAKE or QUICK. A portion of the trading fees and earnings from the platform are used to make buybacks on the open market and burn $ CYS. What are the built-in utility mechanisms that allow token holders to benefit? What are the characteristics of $ CYS? Real utility of the token within the Cyclos ecosystem?
Liquidity is provided through Cyclos, which is then injected into the serum. In this way they are really competing with other platforms, such as Raydium or Bonfida. What other advantages does Cyclos offer compared to Raydium or Bonfida? There is another DEX similar to Cyclos such as Uniswap. What competitive features do Uniswap have?
Cyclos comes from the ancient Greek word – kúklos, which means circle. They chose this name because it represents the active retroactive loop that the platform incentivizes by providing volume depth. As more LPs contribute, in breadth, more traders can perform larger and more frequent trades. This, in turn, rewards the LPs, who then automatically reinvest their liquidity in the order book. How the common user benefits from this active retroactive loop that the platform encourages? What advantages do they offer?
As an Automated Market Maker bringing Uniswap’s V3 style concentrated liquidity to Solana, Cyclos hopes that it can help Liquidity Providers earn higher yields as well as provide less exposure to impermanent loss for them. To get a broader understanding of some of these advantages as made available to LPs, how does Cyclos AMM carry out these operations, and how likely do you think the adopted Uniswap V3 styled concentrated liquidity will transform the industry providing a better AMM experience?
The Cyclos project is backed by a formidable group of investors, offering both technical and financial support. Even as project development quickens with an anticipated IDO in less than a day, how will Cyclos effectively manage it’s marketing, promotional and partnership obligations, what are your plans to attract viable investors and partners whose ambitions align with your goals and solutions, and how best will you seek the support and corporation of your community, would you organise programs and events that promote generate useful engagements and meaningful feedbacks?
You’ve said that Cyclos brings the constant product market-making (CPMM) AMM experience to the Solana DeFi ecosystem. However, as a crypto newbie, I’d like you to explain what are the benefits of CPMM AMMs over regular AMMs. You also explained the benefits of building blocks in your platform. And I wonder if you could give a simplified explanation of this particular feature in your platform, how can new users enjoy this experience?
One of the basic ways to see Cyclos is as Marriage between Uniswap v3 and Solana-based Serum DEX, with the introduction of familiar constant product market making (CPMM) AMM experience to the Solana DeFi ecosystem while also enabling concentrated liquidity, so how does Cyclos compare with Uniswap V3 and Serum, what features from Both DEX does Cyclos has on its platform, in what ways is Cyclos a better alternative to both of this DEX, and how is the CPMM solution different from other AMM solutions that makes it an ideal choice for Cyclos
It is stated that Cyclos, has taken what it believes to be the world’s most efficient limit order system and deployed it on Solana…and Users can concentrate liquidity, while also constructing individual price curves of their choice, over which their assets are distributed….so how does this efficient limit order system work, what are the features of the limit order system that makes Cyclos believe it is the world’s most efficient limit order system, and how can users construct individual price curves of their choice using Cyclos.
Cyclos protocol is said to be built from the ground up to bring concentrated liquidity to Solana Like Uniswap v3 on ethereum but with advantages such as light speed, low gas, order book based liquidity and auto-reinvestment of profits and other benefits for users such as higher returns, better protection from impermanent loss and NFT collectable positions… So how does auto-reinvestment of profits work in Cyclos, how is this feature implemented, and one of the mentioned benefits of Cyclos using concentrated liquidity is that users get better protection from impermanent loss when using the platform so how does this model protect users from impermanent loss..
In recent statements, you mentioned that your number one priority in the coming months is to build the most competitive market maker platform on the Solana platform, can you summarize the most important points about this goal and what are the main difficulties? Has the pandemic been an obstacle to your project?
I understand that Cyclos as an AMM seeks to minimize risks and maximize profits for liquidity providers as a fundamental part of your ecosystem, can you tell us what advanced features will you implement in your platform to make the management of positions much easier? Also, how do you want to incentivize their production?
The main solution for the big problem of liquidity in your platform is the use of “concentrate liquidity”, so could you explain this concept in depth and how it is a point in favor of Cyclos with respect to the competitors?
It is impossible not to compare Cyclos with the most popular AMM: Uniswap, however your project has a great differentiator and it is that it is developed on the Solana platform, can you tell us how it compares in pros and cons with other AMMs on the Ethereum network and why did you choose Solana and not any other chain in the first place?
Cyclos is an overlay service on top of Serum, bringing the familiar Constant Product Market Making (CPMM) AMM experience to the Solana DeFi ecosystem. Unlike existing solutions, it does so while enabling concentrated liquidity. How does this concentrated liquidity work? What are the advantages of the Concentrated liquidity and how does it bring capital efficiency and Non-fungible liquidity?
The value proposition of Cyclos centers around positive sum interactions, consistent with the overall DeFi ethos of leveraging existing infrastructure and rearranging these building blocks in new, value-adding ways. No reinventing of wheels, but a pie-expanding, positive sum mentality. In line with this logic, Cyclos identifies and builds upon the strengths of various building blocks. Looking at Uniswap v3 with the Solana-based Serum DEX, what are the strength/values you have added to your platform leveraging on their existing infrastructure? Would you describe this innovative process difficult and are there areas you are working on to add value to?
Your IDO is tomorrow! Congratulations. However, I found this announcement while researching for this AMA. Hope I am not too late. Can I still apply to get whitelisted? What I can do to increase the chances of winning a slot in the IDO? Please let me know the minimum and maximum USDC amounts allocated for a single wallet. In case I miss your IDO, what is the next event of your token sale?
In the seed round, you have raised 1M from renowned institutions. It is a huge success. Currently, an array of new projects are emerging. What made them to invest in Cyclos? In addition to sharing a portion from the token allocation, what kind of advantages do your partners get by collaborating with you? On the other hand, what do you get from them in addition to the financial support? Further, Do you have plans to build up more partnerships in the future?
I found out that Cyclos is the winner of the Kin Foundation prize pool from the Solana Season Hackathon. So,can you explain more about this Solana Season Hackathon? How many partipants were there and who is your closest competitor? As the winner of the Kin Foundation prize,what are the good benefits and better incentives that your platform and your Community get from winning it? Any positive effects and great impacts brings to Cyclos network? Can you explain more about the Kin Foundation Prize,what is the use of it? What do you think is the aspect or factor that your platform have to win the Kin Foundation prize? Thank you
I use MetaMask and TrustWallet to invest in new projects. However, when I try to connect my wallet to access your pools, I noticed that both options are unavailable. There were only nine wallets including Phantom, Coin98, Ledger and Math Wallet. Do you have plans to allow MetaMask and TrustWallet in the future by expanding your token to Ethereum and BSC? These two are the commonly used wallets by the majority. Why did you decide to limit Cyclos to SOLANA? Don’t you think that you will miss investments from the users who are familiar with ETH and BSC?
It stated in your website that Cyclos is described as the fastest blockchain in the world, with 50k TPS and you are built in Solana. So,can you tell us what technology program or method that your platform uses to produce a speed of 50k TPS? With your 50k TPS,do you want to achieve more from it? Any proof that makes your the fastest blockchain in the world aside from having 50k TPS? Lastly,why you choose to be built in Solana? As you are built in Solana,what is the contribution of Solana for Cyclos to become the fastest blockchain in the world? Thank you
I would like to know if you’ve completed any security audits? Perhaps by third-parties? We’ve seen dozens of hacks, exploits and stuff like that this year. What measures have been taken to protect the Moonriver community from it?
It is important to attract liquidity and create a large pool. What strategies will you use to attract enough liquidity and thus counteract the slippage of orders? and how will you encourage users to provide liquidity? What benefits will you offer to those who provide liquidity?
Launching projects in a bull run is obviously much profitable than during the bear cycle. In a bear run where most of the projects fail and sometimes gone into oblivion, how will Cyclos stand the test of times? What strategies do the project employ to mitigate possible losses?
You have announced the second part of $CYS public sale (Startup Initial Offering) on gate io on 09th of September at 4.00 PM UTC. What is the stratup token allocation Provided for this public sale? How about the price of a $CYS token? How much is your Hardcap & Softcap in the second part of Publc event? Which currencies should we use to buy $CYS? What is the minimum & maximum buying allocation for participants? Will there be any special offerings for Gate token holders?
You hope to develop Cyclos AMM on Solana like UNISWAP Version 3. UNISWAP V3 has special features such as Concentrated Liquidity, multiple fee tiers etc. So what about the Cyclos in this matter? Can you give back higher returns on Investments of users with more efficiency just like UNISWAP V3? How about the trading Slippage, Can it surpass the both centralized exchanges and stablecoin-focused AMMs? And also UNISWAP V3 has been integrated the Range Orders. Will you add it also since it leads to earn swap fees in the process?
Concentrated Liquidity positions are new in the decentralized order book. What innovative features does Cyclos has by using it? There are many DEX in the market but how are you different from those Traditional Defi AMMs and what will be the benefit of the Solana Ecosystem?
Greetings Cyclos, my question is the following: what does Cyclos offer us and what is its function and the most important factors? Knowing that AMMs compete for the execution of orders in Serum, what strategies would they use to bring “intelligent” liquidity concentrated to the AMM space in solarium? explain these points to us to understand them better and learn more about Cyclos
I herad an Whispering about Impersonating Cyclos team by scammers & they ask to buy some fake tokens from some websites. What is your opinion in this matter? Can you tell us what are the exchanges currently $CYS listed on? Will you give some consolation for those who cheated by Scammers?
hello cyclos, is cyclos swap support for another crypto with different network?
what are your plans and mechanisms to maintain $SERUM still pricefull? do you have any plan to make $SERUM become digital transactions for any items, e-commerce or anything??
#AMA
i just see almost everyday developers around the world make the new coin/project and they have a strategy to attract investors, could you tell me what is the difference about this project between others coin that will convince and attract the investors join with $SERUM?
What would Cyclos allow us with a better AMM, a more concentrated liquidity? What would be the strategy for LPs to provide a single token within a personalized price range, above or below the current market price? tell us about these functions and strategies to better understand those that would allow us a better AMM
Why is Cyclos built on the solana blockchain, which provides the solana blockchain, in which it is compared to others already known, is it faster and more stable and with more solana scalability? What is the response capacity compared to others and How safe is it, what to do in case of an interruption of the Cyclos system, what should the users do, in case of emergencies. Could you explain the points of why to use the solana blockchain and the components, functions and benefits for the community. Thank you.