AMA Satoshi Club x Cyclos, February 25th

We are pleased to announce our next AMA on February 25th, 2022 at 01:00 PM UTC Time: Satoshi Club x Cyclos

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Cyclos Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Cyclos Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Cyclos

For more details:
Cyclos Website – cyclos.io
Cyclos Telegram – @cyclosofficialchat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

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Moses Alexander
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Moses Alexander

From your website,you mentioned that The Cyclos combines concentrated liquidity with the Solana blockchain, that means it uses the Solana blockchain. I’m curious to know, can you please tell us in details why you chose to work with the Solana blockchain technology for the Cyclos eco-system and what are the benefits which The Solana blockchain provide to Cyclos users? Lastly, in terms of cyber attacks or attempts to the Cyclos platform, how efficient and effective would the Solana blockchain technology be to counter cyber attacks and protect Cyclos users from these attacks? Thank you.

Telegram Username
@Modrumz120
Moses Alexander
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Moses Alexander

From Cyclos website, i learnt that Liquidity providers place their assets at price intervals of their choice i.e. “concentrating” their liquidity. Concentrated Liquidity gives liquidity providers total freedom in how they distribute their liquidity and rewards them for meeting market demand. I’m curious to know,who are these liquidity providers and can a user be able to be a liquidity provider too?What are the requirements needed for users to be able to become liquidity providers in the Cyclos platform? What are other benefits which liquidity providers can benefit from in the Cyclos eco-system? Thank you.

Telegram Username
@Modrumz120
Achubasil
Guest
Achubasil

Cyclos combines concentrated liquidity with the lightning fast and low cost Solana blockchain, eliminating each and every pain point currently facing liquidity providers in the DeFi space. Say goodbye to static price curves and high gas fees forever. From the following it seems cyclos is so many people have been looking for what are your marketing strategies and partnerships to market cyclos globally?

Telegram Username
@achubasil
Achubasil
Guest
Achubasil

CYS token serves as a governance token of the platform, as well as a value accrual mechanism. On Cyclos, there are 3 fee tiers, corresponding to different levels of risk appetite: 0.05%, 0.3%, 1%
What are the and previledges available to this token holders in decision making within the community?

Telegram Username
@achubasil
Achubasil
Guest
Achubasil

Cyclos is an AMM that solves the problem of capital inefficiency and maximizes returns for liquidity providers, while offering a smooth and fast experience for traders.What are the unique features that makes cyclos better than other similar projects out there ? Can you tell us about your gas fees and transaction fees?

Telegram Username
@achubasil
Rotoxy
Guest
Rotoxy

Impermanent loss remains a challenge all LP providers faces during the process of supplying liquidity. I learnt that you have prepared designed measures such as Impermanent Loss Indicators and a reward system that can cushion IL losses. Can provide some details on some of these measure and how they can effectively counterbalance LP risks that providers may be exposed? What reward mechanism do you use and Will this indicator work like a notification prompt or a dashboard calculator that users can use to have an idea of the depletion level of their initial assets?

Telegram Username
@Rotoxy
Rotoxy
Guest
Rotoxy

You have introduced the concept of concentrated liquidity and this has now enabled users to decide on the price region where they want their liquidity to trade. Although this makes LP to be in control of their liquidity, I will like to know how your protocol will respond in a situation where fluctuating market conditions force market price outside your users selected price range. Does it means that no trade will occur on your protocol during these period? Are there plans for a buffering price system that can ensure your protocol can always trade whether or not there are LP… Read more »

Telegram Username
@Rotoxy
Dani
Guest
Dani

A huge part of attracting newcomers to your platform depends on the community. And you said that is why you are calling on anyone interested in promoting Cyclos to new users to join the Cyclos Evangelist Program. The program is essentially an ambassador program, where you will invite your community members to complete various tasks on social media. That’s awesome. But, I would like to know what are the requirements needed to be possessed by user in order to apply and be a part of your Ambassador program? From your tokenomics, I couldn’t find any allocation for the community. Does… Read more »

Telegram Username
@Danniblaiz
Sanyaolu
Guest
Sanyaolu

I understand that the defining idea of Cyclos is concentrated liquidity- Liquidity that is allocated within a custom price range unlike some other similar platforms whereby the liquidity is distributed along the price curve from zero to infinity. Being the first of its kind on Solana chain, how are we sure that cyclos will be effective?. How will cyclos solve the problem of untouched liquidity that is mainly associated with stable coins? Uniswap V3 also makes use of concentrated liquidity, so what are the pros and cons of Cyclos when compared to Uniswap V3? How are the fees on Cyclos… Read more »

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@jameslekan664
Sanyaolu
Guest
Sanyaolu

Hello!
Security is of Paramount importance for every DeFi project because this tends to give users a high level of trust in the project. Going through your road map, one of the objectives listed for last month being January is to begin the bug bounty program and that caught my attention. Can you elaborate on your bug bounty program? As a hacker that wants to participate, what criteria must be met? Is the program currently ongoing and how can I participate? What rewards will the bug hunters get?

Telegram Username
@jameslekan664
John
Guest
John

Your DEX activity is executed on-chain. However, I read that you will be deploying an off-chain crank that is set up to call your on-chain program frequently at 3 seconds interval; so that your liquidity will not always be tailored towards one direction of the market. Can you explain more on this off-chain crank and the mode of its operation? Why is the rate of interaction with on-chain liquidity set at every 3 seconds and how does this offline layer effectively interact with on-chain liquidity process in order to ensure an equilibrium spread of liquidity asset as well as promote… Read more »

Telegram Username
@highpee
John
Guest
John

When it comes to DEX market making system, the commonly used system is the Automated Market Maker. I discovered that Cyclos has developed a DEX that works based on that Constant Product Market Making (CPMM) market principle. Can you highlight briefly how the CPMM model works and how it enhance the workability of the DEX that you are building? What benefit does it offer? Also, since some of the limitations of CPMM is the risk of volatility, reliance on arbitrageur and liquidity challenge, how have you address these challenges and ensure a robust building blocks of value for cyclos liquidity… Read more »

Telegram Username
@Highpee
Victoria jimmy
Guest
Victoria jimmy

$CYS is the cyclos ecosystem token and $CYS token serves as a governance token of the platform as well as a value accrual mechanism. My question is will fees within the cyclos ecosystem be paid in this same token? Will this token be used as a permanent token or will it be replaced by another token? Aside governance what other use cases does CYS token fulfill within the ecosystem? What benefits do CYS token holders receive and do we need to hold a specific amount of CYS token to receive those benefits?

Telegram Username
@UniqueVicky
Victoria jimmy
Guest
Victoria jimmy

With the aim of creating a trading product by handing LPs the ability to let their assets go to work at the price intervals of their choice, combining this functionality with the low gas on Solana,cyclos has promoted and has launched what is called “CYCLOS DEVNET”toward achieving this vision. Can you explain to us more about the functions and features of this new development? How can users interact and trade with the cyclos devnet? What major benefits can users get with the cyclos devnet?

Telegram Username
@UniqueVicky
Victoria jimmy
Guest
Victoria jimmy

There is what you call “cyclos Evangelists” an ambassador program where the community members can attract New comers to the platform. They will have to complete various tasks on social media like tweeting about cyclos, creating tutorial videos, infographics and writing medium articles, then $CYS will be rewarded to them. I want to know if this program is still on for new members to participate? Does the rewards varies according to the task completed or all task goes for same reward? Where and how can interested member apply for this program?

Telegram Username
@UniqueVicky
Miriam Michael
Guest
Miriam Michael

In your last AMA that took place on the 5th of September 2021 before the released of $CYS token,you were asked if you there will be a traditional Airdrop of the $CYS token for early purchasers/users-the answer was No, but that your team are planning to launch a liquidity mining incentives for people that use your platform.So can you tell us if this feature has been realized already?Will this incentives really be giving to all users of your platform or to some large holders of $CYS/LP?You also mentioned that those who make use of Cyclos Swap may be rewarded as… Read more »

Telegram Username
@Cheriemike
Miriam Michael
Guest
Miriam Michael

While the AMM model offers improve liquidity from it’s orderbook-based DEX predecessors,it also result in some undesirable consequences for trade execution.But to resolve this issue Cyclos is offering what you believe to be the world’s most efficient limit order system and has deployed it on Solana.So can you elaborate more on the limit order system,how it works and it’s
flexibility and efficiency?Since these feature was only introduced on the Solana chain,how about deploying this “efficient limit order system” in other chains?Any plans for that?Can you also tell us how beneficial this system is to users of your platform?Please explain Thanks

Telegram Username
@Cheriemike
Miriam Michael
Guest
Miriam Michael

Cyclos token $CYS serves as a governance token of the platform.We know that a governance token can be used to vote on decisions that influence an ecosystem.And looking at your roadmap for December 2021,you said to begin your Governance.But looking at it I couldn’t find if it has started.So can you tell us more about Cyclos governance and it’s features?Will it require users to stake $CYS token to be allowed to vote on decisions pertaining your ecosystem?What are some of the things users can actually vote on?Will you also allow users to control the development of your system thereby making… Read more »

Telegram Username
@Cheriemike
Pri
Guest
Pri

Cyclos’ goal from the beginning has always been to create a trading product that maximizes capital efficiency by giving LPs the ability to let their assets work in the price ranges of their choice. What relationship does Cyclos have with Solana? Based on what was the Cyclos project carried out and supported? What is Cyclos studying to break the barriers of current trade fees?

Telegram Username
@kl3030
Pri
Guest
Pri

One of Cyclos’ early goals was to create a trading product that maximizes capital efficiency by giving LPs the ability to let their assets work in the price ranges of their choosing. By combining this functionality with the low gas rates at Solana, Cyclos breaks down the barriers to earning trading rates and opens the door for asset holders of any size to benefit from market making. How does Cyclos benefit from the Devnet release? What are the characteristics of this Devnet and what are the peers to which it fits? What has been the progress from June to date… Read more »

Telegram Username
@kl3030
Nathaniel Yomi
Guest
Nathaniel Yomi

what about the next trading pairs, can you deploy it quickly with existing code or have to rebuild from scratch?

Telegram Username
Blaze000001
Nathaniel Yomi
Guest
Nathaniel Yomi

when have pair cys/usdc sir?? we wait long time? team delay so muchwhen have pair cys/usdc sir?? we wait long time? team delay so much

Telegram Username
Blaze000001
Nathaniel Yomi
Guest
Nathaniel Yomi

Once we have our audit report we will start with the addition of more pairs to our LP starting with CYS/USDC kindly give us tips on these?

Telegram Username
Blaze000001
John
Guest
John

You have just launch The CYCLOS ENVAGELIST event, which is a form of an ambassador program. There are several areas such as in writing Medium articles, creating tutorial videos, infographics, tweets about Cyclos, where users can participate and help spread the Cyclos gospel. Can you provide a little more details on this program in terms of the number of users that are needed, mode of applications and duration of event? How will users submission be assessed for reward and what are the reward token or format that will be used to incentive users for their efforts? What other community engagement… Read more »

Telegram Username
@Highpee
Edy
Guest
Edy

Hello Cyclos team. You mention that Cyclos is an AMM that solves the problem of capital inefficiency and maximizes returns for liquidity providers. Please tell us, how does Cyclos achieve this? What are the tools that Cyclos uses to solve this problem? How does being built on top of Solana help Cylos in dealing with the problem of capital inefficiency? For what reasons did you decide to choose Solana instead of another blockchain? Thank you!

Telegram Username
@Ecmq10
Itz Abhi
Guest
Itz Abhi

Cyclos is an AMM that solves the problem of capital inefficiency and maximizes returns for liquidity providers, while offering a smooth and fast experience for traders. Say goodbye to static price curves and high gas fees forever. How is Cyclos solving problem of capital inefficiency? What challenges you have faced during the development of Cyclos and also What challengers you are going to solve in the future ? What are some key features on what you can say that Cyclos is a successful project ? Can you mention the main usecases for Cyclos ? and lastly On which basis do… Read more »

Telegram Username
@itz
Thilanka Ekanayake
Guest
Thilanka Ekanayake

from Referring cyclos website, I got to know about CYs token distribution. There are 10 categories to distribution CYs tokens. What did you base to distribution categories?
You have said; solona offered unmatched levels of throughput and low transaction costs.Is it delightful to care only about these? did you concerned about other potential treats?
Here you have have mentioned LPs paid trading fees based on how much of their liquidity is used and about a the tighter. Is this tighter depend on the how much of their liquidity is used?

Telegram Username
Thilanka63
Ysabel
Guest
Ysabel

could you give us the details of the $CYS token, I know it serves as a platform governance token as well as a value accumulation mechanism, but how much will the total supply of $CYS token be, will users be able to buy $CYS tokens at some DEX or CEX or will they have to purchase them directly from the cyclos website, I would also like to know how you intend to increase the demand for $CYS tokens. Can you tell us about the strategies and ways you will motivate users to buy $CYS tokens and keep them for the… Read more »

Telegram Username
@ysasoma
Ysabel
Guest
Ysabel

One of the most outstanding innovations of Cyclos is the way it rewards liquidity providers by offering them 3 levels of commissions, corresponding to different levels of risk appetite, so, can you share more details of this reward system, tell us, what led you to implement it, what are the benefits you are offering to liquidity providers thanks to this system, tell us also, what are the differences between these 3 levels of commissions and what does a user need to benefit from each of them?

Telegram Username
@ysasoma
Sanyaolu
Guest
Sanyaolu

Hello Cyclos team! I read that liquidity providers have access to various fee tiers according to their risk appetite and a high proportion of fees are awarded to liquidity providers who makes market on more volatile, exotic pairs. You further stated that there are three fee tiers corresponding to different levels of risk appetite: 0.05%, 0.3% and 1%. Please elaborate on each of the fee tiers. Which of these fee tiers will be suitable for stable pairs, volatile pairs, exotic pairs etc? Will the fee tier be automatically selected by the cyclos platform or will it be selected by the… Read more »

Telegram Username
@jameslekan664
Rozie
Guest
Rozie

I read from an article of Yours that you are currently running a Program called Cyclos Evangelist Program to attract newcomers and users to the Platform by Inviting the community members to Complete various tasks on social Media. Please can you share more information about this Program? What are the requirements to be Part of This Program? What are the steps involved to be Part of the Evangelist Program? Can you give details on the different type of tasks to be carried out? On which social media platforms will this task and Program run? What are the benefits of being… Read more »

Telegram Username
@Rozielyna
Rozie
Guest
Rozie

You recently announced the Launch of Cyclos Devnet with a pair of token Enabled on it which us USDC-USDT. Can you please tell us more about the Cyclos Devnet? What are the unique features and functions of the Cyclos Dev net? As regards the pairing of token, do you have future plans to include other pair of token? When will the Cyclos Devnet be launched ?

Telegram Username
@Rozielyna
Rozie
Guest
Rozie

I read an article on the Building Blocks of Cyclos On a basic level, Cyclos can be understood as an overlay service on top of Serum, bringing the familiar constant product market making (CPMM) AMM experience to the Solana DeFi ecosystem. Unlike existing solutions, it does so while enabling concentrated liquidity. What is the functions of the concentrated liquidity ? What other features are there on the cyclos Platform aside the Liquidity Solution? What are the Unique features that makes Cyclos standout other platforms on solana ecosystem? Do users need KYC to be able to use the cyclos platform? Do… Read more »

Telegram Username
@Rozielyna
Jose Silva
Guest
Jose Silva

the amount of users that invest in DEXs is very low due to the fear that they have of the security that DEXs have, since many times, it is usually low, then, in the case of Cyclos, how much importance is given to security, tell us, if they have already been audited and if so, who were responsible and if not, tell us, when do you plan to audit and what other plans do you have to guarantee the security of your investors?

Telegram Username
@Jodasf1
Jose Silva
Guest
Jose Silva

To attract investors is becoming increasingly difficult due to the high levels of competition in the market, that is why I would like to know, what strategies will be implemented in Cyclos to attract users and keep them interested in the project in the long term, tell us, if you have plans to add more use cases to the platform or if you will have a system of updates for specific times and if so, tell us, what features of Cyclos can have changes and renovations often?

Telegram Username
@Jodasf1
Nhairy
Guest
Nhairy

Cyclos is the right site for those investors who want long-term participation, you can share with us the links to keep us updated on your activities and news related to your development, what is your position regarding the integration of stable currencies and Fiat to promote the mass participation and adoption of new communities to the crypto space?

Telegram Username
@nhairym
Nhairy
Guest
Nhairy

As the inconveniences presented in Solana have affected Cyclos, recently you mentioned that you want to take Cyclos to a cross-chain, so my question is what are the strongest options, which do you consider to be the chains that best suit your requirements, these changes would they imply additional modifications to its main structure?

Telegram Username
@nhairym
Nhairy
Guest
Nhairy

What are the reasons why we should trust and invest in Cyclos, what are the risks to which you as developers and we investors are exposed in the face of the repeated downward waves that the market has been presenting, does Cyclos have the necessary liquidity to remain solid and guarantee investors the promised returns, what kind of restrictions can Cyclos face that threaten its expansion?

Telegram Username
@nhairym
Sara Larez
Guest
Sara Larez

Cyclos offers to provide Capital Efficiency Maximization, so could you explain how a user can leverage their idle assets to make a profit with the help of Cyclos, share an example of what they should do and how many opportunities Cyclos offers them to utilize their idle assets instead of leaving them in their wallets?

Telegram Username
@SaritaaL
Sara Larez
Guest
Sara Larez

The release of Cyclos V2 is very close then, what new features will be added with this new version, for example, tell us if you will include new pairs in Cyclos Devnet in addition to USDC-USDT, how will the CYS token work for v2 and tell us about any changes, what will you do with Cyclos V2 and how will they improve the user experience?

Telegram Username
@SaritaaL
Ariana
Guest
Ariana

Traders and liquidity providers are hit hard by high transaction costs reflected in fees, Cyclos intends to change this, so could you tell us about Solana’s advantages in this regard? Could you tell us what percentage is charged in fees? How do commissions contribute to the functioning of the ecosystem?

Telegram Username
@Arisabela
Ariana
Guest
Ariana

On your website you talk about gamification of liquidity provision, but what does this term mean? Does it have to do in any way with the inclusion of games on your platform? Could you explain us the incentive methods for liquidity providers? Is it a goal of yours to make this system fun?

Telegram Username
@Arisabela
Melissa
Guest
Melissa

I read in the Cyclos rodmap that for the second quarter of 2022 you plan to launch the Cyclos governance. This step is really important for the decentralization of the Cyclos ecosystem. There is little time left and many of us have doubts about it, what will be the requirements to be able to participate in governance and in the decision-making process? How will the voting power of each member of the community be distributed? Will the voting power depend on the number of tokens each user has?

Telegram Username
@ItsMelissa3
Humberto Antoni
Guest
Humberto Antoni

I would like to know how the functions of the treasury are delegated… are these funds locked? Will you create a governance system to strengthen the transparency of the platform? How will treasury and project governance be related in the future?

Telegram Username
@Antoni_azx
Humberto Antoni
Guest
Humberto Antoni

It is an objective of your platform to achieve the automation of liquidity and management systems, but little is known about these features, could you tell us what type of technology will be relevant for the future launch of automated systems? Is there anything you can tell us about this topic?

Telegram Username
@Antoni_azx
Victor
Guest
Victor

Trying to understand the rate at which the Cyclos AMM service has grown over time including plans to further scale it, I opted to looking for a tentative guide, somewhat like a roadmap but I couldn’t get a comprehensive info on that. Is in this regard that I will like to know if you can provide us with a proper roadmap of events development on the Cyclos project, what milestones and targets will you say the team has set and been able to meet? May we also know the major plans for the Cyclos project over the next few months,… Read more »

Telegram Username
@victorogb
Victor
Guest
Victor

For every project within this space, especially those of the trading and DeFi centric crypto genres; security, transparency and user privacy are some of the key elements investors look out for before committing funds and resources. It is on this grounds that Cyclos has taken steps to conduct the security audit of Cyclos V2 with Inspex. May we therefore know if this exercise has been concluded, if yes, what were the general assessment given? Should investors be assured of a safe and robust security structure with the recently launched V2? May we also know if there are plans to conduct… Read more »

Telegram Username
@victorogb
Abdulmajid
Guest
Abdulmajid

GoodDay Cyclos Team. It is Now obvious that Russia-Ukraine war has impacted in the crypto currency market, global crypto market cap slid to as low as $1.57 trillion, losing almost 9.66 per cent in the last 24 hours, and i learnt that Cyclos introduced a concept of Concentrated liquidity which Allows users to decide on the price region where they want their liquidity to trade. Now with this unfortunate Circumstances, how does cyclos intends to carry out These said Concentration Liquidity Transactions in these affected region? Would these Surging war Have any effect on your Platform? And how do you… Read more »

Telegram Username
@thisistoyin
Junior ||
Guest
Junior ||

With NFTs taking solid place in the Enormous Growing Crypto space and according to your medium, Cyclos plans to Launch an NFT project. Can you explain on the Planned NFT project on the Cyclos Platform? As an AMM, why did Cyclos choose to integrate an NFT project on its platform and what are the advantages will NFT projects bring to the Cyclos platform? I also noted that this NFT projects plans to add utility to the CYS token, can you explain more on this? Will CYS token be required to access Cyclos NFT Project? will these projects take away any… Read more »

Telegram Username
@iceVermithraxx
Katbong Joy
Guest
Katbong Joy

Liquidity providers get paid trading fees based on how much of their liquidity is used and liquidity provider can also select from multiple fee tier. Can you explain on how liquidity providers rewards are calculated in proportionality to their Liquidity being used? Can you share more insight on the multiple fee tiers available in Cyclos which liquidity providers can select from and also highlighting effect of using each fee tiers?

Telegram Username
@Ritshimwa

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