Liquidity Mining Program

Understanding the initial and continuous distribution of the CYCLE token

Of the initial supply of 300,000 tokens, 90% were minted into the CYCLE token contract. These tokens will be distributed to vault participants and those who stake CYCLE/AVAX LP. This will hopefully serve to fairly distribute CYCLE to all who participate in the vaults and to those who provide core liquidity.

As the initial distribution phase nears completion, the community will discuss the next stage of the protocol and CYCLE token holders will be able to vote directly on the decided options. The Cycle token contract is structure so as to allow for ongoing distribution or provide a hard capped, time-based next stage of distribution.