Skip to main content

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

  • 15% 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.

Leaderboard Updates​

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