Enable CYBER/USDT (0.25% fee tier) V3 gauge on BNB Chain

Gauges
1

Overview

This proposal seeks to add the CYBER/USDT pair on PancakeSwap Gauge, allowing for enhanced yield farming incentives through emissions. By whitelisting this pair, we aim to deepen liquidity, improve trading efficiency, and attract additional users to the PancakeSwap ecosystem.

Background

Cyber, the L2 for social, enables developers to create apps that transform how people connect, create, monetize, and share the value they generate.

CYBER is CyberConnect’s governance token, and can be used for the following functions:

  • Governance: CYBER token holders have voting power and can delegate their voting power to others. Protocol improvements are decided based on voting power.
  • Payment for CyberID: used for payment when purchasing CyberID.
  • CyberAccount gas token: used as the price meter and means of payment for gas fees for all transactions within CyberAccount across EVM-compatible chains.
  • More CYBER use cases shall be introduced by the CyberDAO.

Details

Audits
https://skynet.certik.com/projects/cyber

Volatility
CYBER is a governance token with normal volatility.

Oracles
No oracles used.

Merit

  • Increased trading volume on PancakeSwap, generating additional fees.
  • Higher liquidity, reducing slippage for traders.

Links

  1. Token address
    0x14778860e937f509e651192a90589de711fb88a9
  2. Liquidity pool address
    PancakeV3Pool | Address 0x5783616b6dac41f35a892be23c3291ea95a9f200 | BscScan
  3. Website
    https://cyber.co/
  4. Socials
    https://x.com/BuildOnCyber/
  5. Documentation
    https://docs.cyber.co/
  6. Github
    Cyber · GitHub
  7. Any other relevant links
    Cyber price today, CYBER to USD live price, marketcap and chart | CoinMarketCap
2

Thank you for your application. The Kitchen has enabled the CYBER/USDT (0.25% fee tier) V3 gauge on BNB Chain with 1x boost multiplier and 0.5% emissions cap.