CYBERCyber (CYBER) Price

1. Project introduction

Cyber serves as the social layer for web3 applications and the gateway for the next wave of users to access web3 experiences, tools and financial liquidity across all Layer 2 ecosystems. Here are some of the features of Cyber:

1.Native Smart Account (EOA = AA) with EIP-7560. Taking our learning from building the leading Account Abstraction Wallet, CyberWallet, we make account abstraction native to Cyber L2. We aim to bring EIP-7560 to the mainnet where every EOA will behave like Smart Accounts with native gas sponsorship.

2.Seedless wallet with EIP-7212. Supporting EIP-7212 brings Passkey and Webauthn cheaply and natively to Cyber without intermediaries. Users can access their wallets with FaceID.

3.Enshrined Social Graph Protocol powered by CyberGraph and CyberAccount (CyberConnect V3). Any developers can tap into the smart contracts to read, write and compose on the social graph data.

4.CyberDB, a cheap and efficient decentralized storage powered by EigenLayer AVS. It enables a diverse range of applications to benefit from large scale social data across ecosystems.

5.Powerful and Ethereum aligned with EigenDA. Much higher TPS than other L2s, and transaction fee costs average 1 cent USD.

6.Native yield. Bridged ETH, LST, and LRT will earn yield from Ethereum staking and other rewards.

7.Decentralized sequencer. A decentralized sequencer network secured by CYBER using EigenLayer AVS makes Cyber L2 censorship resistance. The staking reward is distributed to CYBER stakers. The sequencer fee is distributed to node operators, stakers, and developers.

8.Cyber Ecosystem Grants. With a dedicate $2M worth of CYBER tokens, the program supports builders in growing a thriving social L2 ecosystem and accelerate the overall adoption of onchain social and web3.

2. Team introduction

Cyber's team members all have rich experience in Web3 projects. The CEO, technical officer, and operating officer have all worked on other mature projects, such as YouNow, Livepeer, MakerDao, imToken, and Celer Network. The entire team has a deep understanding of Web3 social networking. Understanding and enthusiasm, and also has keen insight into user needs and market trends of Web3 social networking.

3. Investment institution

Multicoin Capital, Hashed, Mask Network, Sky9, Lattice Capital, Zoo Capital, Smrti Lab, UpHonest Capital, Istari Ventures, Animoca Brands, IOSG Ventures, Delphi Digital, Protocol Labs, Spartan Group, Amber Group, SevenX Ventures, Tribe Capital, GGV Capital, Polygon Labs, Draper Dragon, Folius Ventures, C² Ventures, INCE Capital, StreamingFast, Binance Labs.

4. Application and distribution

Token application

Cyber Token is the native utility and governance token of the Cyber chains, protocols, and ecosystems. It is used for governance and staking.

Token distribution

Ecosystem Development：34%

Private Sale：25.12%，Locked for 12 months after TGE;then 3-year linear quarterly vesting

Team & Advisors：15%，Locked for 15 months after TGE;then 3-year linear quarterly vesting

Community Treasury：10.88%，10% unlocked at TGE; remaining 90% linear monthly vesting over 5 years

Community Rewards：9%，2.4% for Season 1;6.6% for future seasons

CoinList Public Sale：3%，25% unlocked at TGE;remaining 75% linear monthly vesting over 6 months

Binance Launchpool：3%，Fully unlocked at TGE