xCYPH Plugins
Plugins are modular contracts linked directly to the xCYPH token contract.
Some are native, such as Real Yield Staking, while others can be developed and integrated by anyone in the ecosystem.
Users can allocate their xCYPH to different plugins through direct staking, unlocking a range of benefits and utility across Cypher’s ecosystem.
Real Yield Staking
The majority of protocol earnings are redistributed to users who allocate their xCYPH to the Real Yield Staking Plugin.
Rewards can be distributed in one or multiple tokens and are streamed continuously — calculated per second — and organized through weekly epochs.
Epoch Logic
Each epoch spans seven days.
At the beginning of each epoch, a fixed portion of accumulated tokens (defined by the plugin owner) is marked for distribution.
This process repeats automatically every week, ensuring consistent, predictable payout cycles.
Payouts Handling
Rewards are distributed evenly across the epoch duration and allocated on a per-second basis to users who have staked xCYPH into the selected plugin.
Each user’s share of rewards is proportional to the size of their xCYPH allocation relative to the total pool.
Let’s assume:
- 10 xCYPH allocated to the Real Yield Staking Plugin by all users
- Daily rewards of 2 ETH
A user allocating 5 xCYPH (50 %) will receive 50 % of daily rewards → 1 ETH per day.
Rewards accrue in real time — users don’t need to wait until the epoch ends to claim them.
Custom Plugin Development
The xCYPH architecture is designed to be extensible.
Any developer or protocol can create and submit their own plugin implementation, provided it adheres to Cypher’s technical standards.