Introduction to the Cyclone ($yCLN) protocol:
Cyclone Finance (yCLN) is a frictionless yield farming coin that is a soft-fork of the Reflect protocol. All the transactions made with yCLN are charged with a 2% fee. The fees are automatically distributed among the yCLN holders without them having to claim them or pay any fee. The amount of rewards each holder gets can be calculated by the percentage of yCLN that you own out of the circulating supply.
There is no team or central party that has to award the fees. There is no interface to claim the fees. No action needs to be taken by investors other than to hold yCLN in their personal wallet.
— — — -
Total Initial Supply: 5,000,000 yCLN
Bounce Pre-Sale: 2,500,000 yCLN
Remaining Supply after Pre-Sale: 2,250,000 yCLN to be burned or locked in PCS Liquidity Pool.
250,000 yCLN and 10% of the supply will be used strategically by the team as explained below.
Pre-Sale Duration: 72 Hours
Token Pre-Sale Price: 10000 yCLN / 1 BNB
There is a maximum of 5 BNB allowed per investor for a fair distribution.
— — — —
Pre-sale Cap: 300 BNB
Soft Cap: 150 BNB
=> If the total of 300 BNB will be raised:
-2,250,000 yCLN will be added to Pancake Swap for liquidity along with 90% of the BNB raised in the pre-sale and the LP tokens will be burned.
=>If only the Soft Cap will be reached:
-2,250,000 yCLN or more will be sent to a dead address for burn, depending on the amount of BNB raised.
-The remaining yCLN from the Pre-sale will be added to Pancake Swap for liquidity along with 90% of the BNB raised in the pre-sale and the LP tokens will also be sent to a dead address.
— — — —
What happens with the rest?
-250,000 yCLN and 5% of the BNB raised will be used for marketing and development of new tokens. We aspire to create a new yield aggregator for farming pools. Our next tokens will be distributed through IFOs. The pools will be hosted by other yield farming projects in collaboration with Cyclone Finance. The new tokens will provide investors with a way to donate to certain charity causes and take part in yield farming at the same time!
We will split those funds into three parts:
- 125,000 and 5% of the BNB raised will be added to the Pancake Liquidity pair and the LPs will be blocked for 100 days on Cryptex to be used later on.
- 125,000 yCLN will be burned after the end of the pre-sale in order to prevent any doubt of team dumping the tokens after launch.
- 5% BNB raised will remain for the team and for new prospects that will help in developing the project further.