Cyclone Protocol Re-Launch on IoTeX!

Cyclone Protocol
2 min readAug 14, 2021

Cyclone Protocol is going to relaunch on IoTeX! In this launch, Cyclone Protocol will be web3-compatible; LP mining will be migrated to mimo V2; anonymity pools are all refreshed. The launch will be on August 14th UTC time.

Cyclone Protocol is a leading #PriFi protocol that offers multi-chain + zkSNARKs-based privacy, with yield aggregation, governed by the decentralized DAO. Cyclone applies zkSNARKs to enable transactional privacy for all DeFi components by breaking the on-chain link between depositor and recipient addresses. Cyclone Protocol has been successfully launched on IoTeX mainnet, Binance Smart Chain, Ethereum and Polygon. At present Cyclone hits $10M TVL and is gradually increasing, according to https://cyclone.xyz/analytics!

Cyclone was first launched on IoTeX. After IoTeX mainnet V1.2, people can integrate with IoTeX using Babel web3.js API. We are relaunching Cyclone Protocol on IoTeX with

  • Refilled anonymity pools: We have refilled all IoTeX pools (Cookie Pools) on Cyclone which remain AMv2 token economics.
  • Web3/Metamask support: Cyclone Protocol is Web3-compatible and friendly to developers-new users can access Cyclone through MetaMask for seamless onboarding, and developers can easily use Cyclone to interact with all DeFi products.
  • Mimo v2 LP mining:With Mimoswap upgrade to mimo v2, we are upgrading the liquidity mining of IoTeX chain to mimo v2. Users can swap CYC tokens with other tokens much easier.

Website: https://cyclone.xyz

Docs: https://docs.cyclone.xyz/

Relaunch Time: 8/14 6:00 AM UTC

Liquidity Mining Pair: $CYC/$IOTX (MLP — mimo v2)

About IoTeX

Founded in 2017, IoTeX is an EVM-compatible blockchain platform to fuel the Internet of Trusted Things, an open ecosystem where humans and machines can interact with guaranteed trust and privacy. IoTeX envisions a future where everyday people can own and control their smart devices, as well as the data and value they generate. Backed by a global team of 30+ top research scientists and engineers, IoTeX combines blockchain, decentralized identity, and secure hardware to enable user-owned IoT devices and networks. By connecting the physical and digital worlds, IoTeX will empower the future machine economy and redefine the trillion-dollar IoT industry.

About Cyclone Protocol

Cyclone Protocol is a cross-chain, non-custodial, universal privacy-preserving protocol for DeFi with decentralized governance which started in 2021. Cyclone applies zkSNARKs to enable transactional privacy for all DeFi components by breaking the on-chain link between depositor and recipient addresses. Cyclone Protocol is committed to creating the world’s first fully privacy-protected Money Market.

Where to find us?

Twitter: https://twitter.com/cycloneprotocol

Telegram: https://t.me/cyclonegroup

BitcoinTalk: https://bitcointalk.org/index.php?topic=5310841.0

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Cyclone Protocol

The cross-chain, non-custodial, universal privacy-preserving protocol with the decentralized governance for all DeFi