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Genesis Pools

Genesis Pools open Monday, 10th November at 9:00 PM UTC.

Provide liquidity and trade on eligible pools to earn Points & whitelist allocation in the $CYPH sale.
Points convert into future ownership of Ethereum Capital Markets.

Liquidity & Trading​

Genesis Pools run for 8 weeks to bootstrap liquidity infrastructure and distribute ownership to early users.
5% of total supply is allocated to this first Genesis Pools event.

Liquidity

  • Provide liquidity to eligible v4 AMM pools
  • Earn points based on volume and fees generated
  • Full control over liquidity ranges, deposit timing, and exit timing
tip

For users unfamiliar with V4 concentrated liquidity, please read the relevant guides before entering the pools.

Trading

  • 5% of total points are allocated to trading volume
  • Simply buy or sell on the app to earn points, even without providing liquidity

Points

  • Convert into oCYPH at the end of the 8-week event
  • oCYPH can be:
    • Converted to locked xCYPH, or
    • Redeemed for liquid CYPH by paying a small % in ETH
  • Leaderboard updates every 4 hours

Whitelist & $CYPH Sale​

Points earned in the first 4 weeks also grant users a whitelist allocation for the $CYPH fair-launch sale.
The sale begins early December at a fixed-price seed valuation.

Once the $CYPH token is live:

  • Liquidity providers will earn token incentives on top of ongoing points
  • After the 8-week points period ends, the airdrop will take place
  • All liquidity rewards will be distributed in oCYPH going forward

NFT Holder Bonus​

Users holding one of the following NFTs receive an additional +15% points boost during the Genesis Pools event:

  • Redacted Remilio Babies
  • Milady
  • YAYO
  • Fumo404
warning

Buying the NFT now will NOT make you eligible - the snapshot was already taken before the announcement.

Eligible pools and their share of total points​

Points Calculation​

Points are calculated based on two factors:

  • LPing: Based on fee generation, with specific allocations per pool.
  • Trading: Based on a mix of volume and fees generated.
tip

Users have complete freedom to enter and exit pools at any time, with points being calculated based on a user’s fees and volume generated during the relevant period.

Both LP and trading points apply only to whitelisted pairs marked by the Cypher symbol.

note

During the initial liquidity formation of the new AMM pools, point calculations follow a stabilization curve to account for bootstrapping dynamics. Once a pool exceeds $25k in total TVL, points transition to a standard linear distribution model based on fees.

Leaderboard Updates​

Leaderboard updates occur approximately every 4 hours.
Points can be tracked directly on the Genesis page of the app.