AI-powered CYC Staking launches XRP and multi-chain staking with audited security, Lloyd’s insurance, and rewards up to 68,890 for participants.AI-powered CYC Staking launches XRP and multi-chain staking with audited security, Lloyd’s insurance, and rewards up to 68,890 for participants.

CYC Staking launches a brand-new staking model – AI-powered intelligent multi-chain service, with a reward of 68,890 upon participation.

staking tokens 3

CYC Staking has officially launched its XRP digital asset staking service, providing users with a safe, stable, and sustainable channel for asset appreciation through multiple security mechanisms and a robust risk control system. The staking service has attracted widespread attention from the market and users since its launch.

cyc staking

Digital asset staking refers to users locking their digital assets in a smart contract designated by the platform to support network operation or ecosystem development, and receiving corresponding returns according to the agreed rules. Compared with traditional investment methods, staking does not involve asset buying and selling. Users can participate in network governance and obtain stable returns while retaining ownership of their assets, offering advantages such as relatively controllable risk and flexible participation thresholds.

What security measures are in place for staking in CYC Staking?

  1. The platform adopts an audited smart contract system and introduces technologies such as multi-signature, cold and hot wallet isolation, and real-time monitoring to fully protect user asset security.

2. The pledged assets are traceable on the blockchain throughout the entire process, and the data is open and transparent, ensuring that the pledge process is traceable and verifiable.

3.The platform has also established a comprehensive risk warning and emergency response mechanism to minimize the impact of extreme market fluctuations on user assets.

4.Custody insurance underwritten by Lloyd’s of London.

cyc staking 5555

How do I participate in CYC Staking?

1. Register your own account – receive a $20 bonus upon registration.

2. Purchase your preferred staking projects to earn higher returns.

3. Investors can choose to stake in cryptocurrencies such as BTC, ETH, USDT, SOL, XRP, TON, TRX, and USDC.

For users who participate in staking, they can not only obtain stable staking returns, but also achieve long-term asset value growth while supporting the secure and stable operation of the blockchain network, forming a virtuous cycle of “secure participation, continuous returns, and co-building the ecosystem”.

CYC Staking stated that amidst the volatility of the cryptocurrency market, the company remains committed to security and promoting the healthy development of the industry.

In the future, the company will continue to optimize the structure of its pledge products, increase investment in security technology, and continuously improve user experience, striving to create a safer, more transparent, and more efficient digital asset pledge service system for global users.

Company website: https://cycstaking.com 

Cooperation email: info@cycstaking.com

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BitcoinWorld Unlocking Massive Value: Curve Finance Revenue Sharing Proposal for CRV Holders The dynamic world of decentralized finance (DeFi) is constantly evolving, bringing forth new opportunities and innovations. A significant development is currently unfolding at Curve Finance, a leading decentralized exchange (DEX). Its founder, Michael Egorov, has put forth an exciting proposal designed to offer a more direct path for token holders to earn revenue. This initiative, centered around a new Curve Finance revenue sharing model, aims to bolster the value for those actively participating in the protocol’s governance. What is the “Yield Basis” Proposal and How Does it Work? At the core of this forward-thinking initiative is a new protocol dubbed Yield Basis. Michael Egorov introduced this concept on the CurveDAO governance forum, outlining a mechanism to distribute sustainable profits directly to CRV holders. 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Historically, generating revenue for token holders in the DeFi space can often be complex. The Yield Basis proposal simplifies this by offering a more direct and transparent pathway to earnings. By staking CRV for veCRV, holders are not merely engaging in governance; they are now directly positioned to benefit from the protocol’s overall success. The significance of this development is multifaceted: Direct Profit Distribution: veCRV holders are set to receive a substantial share of the profits generated by the Yield Basis protocol. Incentivized Governance: This direct financial incentive encourages more users to stake their CRV, which in turn strengthens the protocol’s decentralized governance structure. Enhanced Value Proposition: The promise of sustainable revenue sharing could significantly boost the inherent value of holding and staking CRV tokens. Ultimately, this move underscores Curve Finance’s dedication to rewarding its committed community and ensuring the long-term vitality of its ecosystem through effective Curve Finance revenue sharing. Understanding the Mechanics: Profit Distribution and Ecosystem Support The distribution model for Yield Basis has been thoughtfully crafted to strike a balance between rewarding veCRV holders and supporting the wider Curve ecosystem. Under the terms of the proposal, a substantial portion of the value generated by Yield Basis will flow back to those who contribute to the protocol’s governance. Returns for veCRV Holders: A significant share, specifically between 35% and 65% of the value generated by Yield Basis, will be distributed to veCRV holders. This flexible range allows for dynamic adjustments based on market conditions and the protocol’s performance. Ecosystem Reserve: Crucially, 25% of the Yield Basis tokens will be reserved exclusively for the Curve ecosystem. 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