Project Vision 

The goal of Cycle Network is to eliminate repetitive “reinventing the wheel” in Web3 by providing developers a unified toolkit where they can build dApps once and deploy them across all blockchains. 

• Developers save time by avoiding redundant tasks. 
• Users enjoy frictionless cross-chain interaction without high costs or security risks. 

How It Works 

Cycle Network’s architecture has three main layers: 

• Security Layer: Provides safety and liveness of transaction states, inheriting Ethereum’s security guarantees via Rollups. 
• Extended Layers: Source and destination networks including Layer-1s, Layer-2s, and app-chains. 
• Cycle Layer: Acts as a Rollup for both security and extended layers, aggregating all cross-chain and internal states into one unified ledger. 

Partnerships and Integrations 

Cycle Network partners with key blockchains, exchanges, and wallets to strengthen its bridgeless ecosystem: 

• Ethereum (ETH) 
• Avalanche (AVAX) 
• Arbitrum 
• Optimism (OP) 
• Gate.io 
• Token Pocket 
• UXLINK 
• Investors and Backers 
• Vertex Ventures (Singapore VC) 
• Skyland Ventures (Japan) 
• Manta (Blockchain project & investor) 
• Unicorn Verse 

Technologies Used 

• Verifiable State Aggregation (VSA): Securely collects and validates cross-chain states. 
• Omni State Channel Indexer (OSCI): Decentralized indexer validating the Cycle ledger. 
• Decentralized Aggregate Sequencer: Manages transaction sequencing and aggregation. 
• ZK-Rollup: Aggregates off-chain transactions into Ethereum for security. 
• ZK-Hardware Acceleration: Reduces latency and enhances UX. 

Governance 

1. Short-term: managed by committee & multi-sig. 
2. Long-term: transition to DAO governance. 

Roadmap (2025–2026+) 

Phase 1: Ecosystem Expansion (2025) 

• Token Generation Event (TGE) & CEX listings 
• Integrations with Solana, Cosmos, Move ecosystem 
• Launch of Cycle SDK 
• CYC staking on mainnet 

Phase 2: Infrastructure Upgrade & RWA (2025–2026) 

• Mainnet Phase 2 & SDK 2.0 
• Multi-chain DEX, stablecoin & payment integrations 
• Web2 business adoption for cross-chain asset issuance 
• Bridgeless Payment Layer 

Phase 3: Full Decentralization (2026+) 

• 100+ blockchain integrations 
• Potential native stablecoin issuance 
• DAO-based governance 
• Global settlement for RWA projects 

Tokenomics 

• Total Supply: 1,000,000,000 CYC 
• Circulating Supply: 152,000,000 CYC 
• Max Supply: 1,000,000,000 CYC 

Distribution

• Team & Advisors: 20% (12-month lock, 48-month linear release) 
• Investors: 15% (12-month lock, 24–36 month release) 
• Treasury: 10% (6-month lock, 48-month release) 
• Market Expansion & Platform Staking: 10% 
• Ecosystem Incentives: 20% 
• Community Rewards: 15% 
• Staking & Security Rewards: 10% (60 months linear release) 

Token Utility 

• SDK Fees: Developers pay in CYC for Rollin/Rollout SDK. 
• Gas Fees: dApps use CYC to operate on mainnet. 
• Staking: Supports security and new network onboarding. 
• Liquidity Mining: Incentives for ETH, USDT, USDC pools. 

Ecosystem Highlights 

• Unified liquidity pool for developers and users. 
• Simplifies RWA and Web2 business adoption into multi-chain environments. 
• Secure, developer-friendly infrastructure with VSA and ZK tech. 

Key Features 

• Bridgeless Design: Eliminates bridge-related risks. 
• Chain Abstraction: Build once, deploy everywhere. 
• VSA: Reliable state aggregation across blockchains. 
• ZK & Hardware Acceleration: Optimized low-latency performance. 
• Developer-Friendly SDK: Fast multi-chain app deployment. 

Social Media and Links

• Website
• Twitter
• Telegram
• Whitepaper
• Medium

The post What is Cycle Network (CYC)? Bridgeless Liquidity on Web3 appeared first on Coin Engineer.

The four newly selected projects include:

Astherus: A decentralized exchange designed to optimize the utilization of staked assets.

Cycle Network: A cross-chain liquidity management protocol aimed at facilitating seamless liquidity aggregation.

Dill: A sharding-based data availability network.

Eigen Explorer: The first native DeFi protocol on EigenLayer.

In a recent X post, Binance Labs expressed excitement about the selected projects, stating: “We’re thrilled to announce the first cohort of projects accepted into our Season 7 Incubation Program.”

The incubation program provides selected projects with mentorship, funding, and access to Binance’s vast network of resources. By investing in early-stage blockchain startups, Binance Labs aims to foster innovation and drive the growth of the broader crypto ecosystem.

The post Binance Labs Unveils Four New Crypto Projects for Season 7 Incubation Program appeared first on Coin Engineer.