Abstract

Staking crypto provides stable income to its users. With crypto stakes, users will be able to earn more easily and securely and this is much easier than depositing money in traditional banking. Moreover, crypto staking offers users a much higher APY with a flexible staking period. With staking like this, users will be able to get a more stable and maximum income, so they will be able to increase their income more easily and securely, without the hassle. Due to the various advantages offered by crypto staking, nowadays many crypto users stake their tokens on various staking platforms.

Introducing Cylum

Seeing that the development of staking is getting better at this time, Cylum is moved to be able to present to users a staking platform that will provide maximum rewards to users. Designed using a smart protocol, Cylum will offer users a staking platform with automation features that will stake users’ tokens automatically. This approach will allow the tokens held by the users to be detected by smart contracts and later the holders will get rewards according to the APY offered by Cylum. Cylum offers an APY of 395.677% in one year and users don’t need to manually harvest their rewards, because Cylum will send rewards automatically to users’ wallets. So that users will be able to see the tokens they hold are increasing every day and this will provide financial freedom to users.

Features

Cylum has various features that are needed by global users. The features of Cylum consist of automatic staking, automatic compounding, automatic burning, and maintaining liquidity.

Users will be able to stake their tokens automatically and get high rewards from their participation. Cylum is designed with a smart protocol that will allow the CYM tokens held by the user to be detected and the system will automatically reward according to the number of tokens held by the user. Because of this, the more tokens a user holds, the higher the reward they get. And also the rewards obtained by users will be staked continuously so that users will be able to get the maximum from the number of tokens they hold.

And in order to maintain the scarcity of CYM tokens, Cylum designed a system that will burn 2% of the total token supply. In this way, Cylum will be able to maintain the scarcity of CYM tokens and this will maintain the stability of the CYM token price. Because as we know that the rarer the token will increase its price in the market. And to overcome the price drop event, Cylum prepared 1000BNB which will be used with the DAO system and will maintain the stability of the Cylum price. Thus, the price of the CYM token will be maintained and will not be too affected by the selling action carried out by the holder.

Tokenomics

CYM is Cylum’s native token which will serve as a utility token that users can get from supported exchanges. Launched using the BSC protocol, users will be able to use this token for various things they want, such as for transactions, staking, etc. This is a token that will have an important role on the Cylum platform, and because of this, it has the prospect of growing in the future. So investing in this token is a good decision.

Conclusion

To sum up, the auto-staking platform helps crypto users to earn easily and securely from crypto stakes, without the hassle of manually staking tokens. And Cylum is an auto staking platform that will help crypto users to earn easily and securely without the need for manual staking. Users will be able to earn more from the staking service offered by Cylum because Cylum offers an APY of 395.677% which is one of the highest APY in the crypto market. With this high APY, users will be able to earn more and see their assets grow every day without needing to be monitored. With the various features it offers and coupled with various advantages, Cylum will be able to become an auto-staking platform that provides maximum profit to its users.

Connect

WEB: https://cylum.finance/