The CYBER staking plan is officially launched, and the first ecological airdrop project is Polyhedra Network (ZK)

CyberConnect, Web3’s earliest and largest decentralized social network protocol, announced the official launch of CYBER staking and announced a series of staking reward plans, including a reward pool of 1 million CYBER tokens and a series of ecosystem airdrops.

The announcement follows the announcement of CyberConnect’s Ethereum Layer 2 network Cyber, the first re-staking modular Ethereum Layer 2, designed for Built for social and optimized for mass adoption. CYBER Staking is a transformative feature that enables users to stake CYBER tokens to secure the network by adding additional nodes to process transactions, gain voting power in CyberDAO, and receive a variety of ongoing economic rewards.

Staking and rewards are now available at cyber.co/stake is online.

Staking rewards: 1 million CYBER rewards and ecosystem airdrops

According to design, CYBER Stakeholders will enjoy various rewards, including a reward pool of 1 million CYBER tokens and a series of ecosystem airdrops.

By simply staking CYBER, users will be eligible to share in the 1 million CYBER tokens allocated to early stakers. Currently, the annualized return on staking CYBER exceeds 700%.

The event started on March 8 and will continue until the launch of the Cyber mainnet. The pledge can be released shortly after the mainnet goes online. The Cyber mainnet plan and EigenLayer The main network will be launched at the same time (Cyber Sepolia test network has been launched), expected to be the second quarter of 2024.

CyberConnect also announced that CYBER stakers will receive airdrops and benefits from Cyber ecosystem partners. These will be the rewards provided by a thriving and mature web ecosystem, and will be an ongoing series.

In addition to staking, recommending friends to join or complete certain partner/community tasks will help users win bonuses and bonuses. Specifically, users can invite friends, with direct inviters receiving 15% of the staking points and secondary invitees (people invited by the inviter) receiving 5% of the staking points. Detailed rules can be found on the Cyber website.

CyberConnect and Polyhedra have reached cooperation

Currently, CyberConnect has announced a cooperation with Polyhedra Network. To celebrate the cooperation Partnership, Polyhedra Network's ZK tokens will be distributed to CYBER stakers as the first airdrop reward for CYBER pledges, and more ecological airdrop rewards will be released in the future.

ZkBridge, developed by Polyhedra for Cyber Layer 2, introduces an advanced cross-chain bridge that can seamlessly connect L1 and L2 assets. The bridge utilizes zero-knowledge proofs to ensure high-level security and interoperability between chains without requiring additional trust assumptions. Social applications and protocols built on Cyber Layer 2 will benefit from zkBridge. zkBridge will provide them with uninterrupted access to improve interoperability and security, facilitating the smooth exchange of assets and information between various blockchain networks. This in turn fosters a more connected and scalable ecosystem for its user base.

Other staking rewards

In addition to the second season rewards and ecosystem airdrops, staking Participants can also receive the following rewards:

· Network revenue sharing: The pledged CYBER is entrusted to Active Verification Service (AVS) operators through EigenLayer. In return, CYBER stakers will share in the revenue from these services.

· CYBER staking incentives: In order to ensure that CYBER stakers receive adequate rewards initially and long-term sustainability, a total of 5.5 million CYBER has been specially allocated for long-term incentives plan.

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