Dear User:
Binance has launched the 37th new coin mining project - CyberConnect, a Web3 social network that enables developers to create social applications. Users can put BNB, TUSD, and FDUSD into the CYBER mining pool on the Launchpad website after 08:00 on August 2, 2023 (Eastern Time) to receive CYBER rewards. CYBER can be mined for a total of 30 days. The website is expected to be updated about five hours after this announcement, before the mining activity opens.
Binance will list CyberConnect (CYBER) at 20:00 (ET) on August 15, 2023, and open CYBER/BTC, CYBER/USDT, CYBER/BNB trading markets, with seed tag trading rules applicable.
Project Details
Token name: CyberConnect (CYBER)
Total Tokens: 100,000,000 CYBER
Initial circulation: 11,038,000 CYBER (11.04% of total tokens)
Total mining amount: 3,000,000 CYBER (3% of total tokens)
Research report: CyberConnect (CYBER) (Research report will be online within 30 minutes after the announcement)
Smart contracts: Ethereum, BNB Smart Chain, Optimism
Restrictions: KYC required
Individual hourly mining hard cap
BNB mining pool: 333.33 CYBER
TUSD mining pool: 62.50 CYBER
FDUSD mining pool: 20.83 CYBER
Mining Pools:
BNB Mining Pool (the website will be updated five hours after this announcement and before the mining activity opens): A total of 2,400,000 CYBER can be mined (accounting for 80%)
TUSD Mining Pool (the website will be updated five hours after this announcement and before the mining activity opens): A total of 450,000 CYBER can be mined (accounting for 15%)
FDUSD Mining Pool (the website will be updated five hours after this announcement and before the mining activity opens): A total of 150,000 CYBER can be mined (accounting for 5%)
Mining time: 08:00 on August 2, 2023 to 07:59 on September 1, 2023, GMT+8
Mining quota phase allocation
Note: The above table uses UTC time every day, which is converted into GMT+8 time from 08:00:00 am on the same day to 07:59:59 am the next day.
Notice:
Binance will randomly take snapshots of user holdings and the total holdings of the mining pool several times every hour to calculate the user's average hourly holdings and calculate mining rewards;
Users can collect mined tokens (the reward amount is updated every hour) to their spot accounts at any time;
The annualized income and total holdings data of each mining pool will be updated in real time;
Each mining pool calculates annualized returns separately. Users can flexibly allocate tokens to corresponding mining pools, but multiple mining of one coin is not supported.
Users can redeem tokens from a mining pool and transfer them to other mining pools at any time;
After all the tokens in the mining pool are mined, the assets involved in the mining and the tokens that have not yet been claimed will be automatically returned to the user's spot account;
Binance BNB Revenue Pool will support the current CYBER new coin mining. The BNB in the BNB Revenue Pool will automatically participate in the CYBER new coin mining. CYBER rewards will be distributed to the user's spot wallet every day;
When there are multiple new coin mining projects running at the same time, unless otherwise specified, the user's BNB in the BNB revenue pool will be evenly distributed to multiple new coin mining projects;
BNB transferred to the mining pool will still enjoy the holding statistics of BNB's standard benefits, such as airdrops, Launchpad holding statistics, VIP benefits, etc.
Related Links
Official website: https://cyberconnect.me/
Whitepaper: https://link3.to/cyberconnect/post/92e4477c7833a3e8a793c14e8ec884421a5c30edc9afb06d5ce2177ff22c074a
Twitter：https://twitter.com/CyberConnectHQ
Discord：https://discord.com/invite/cyberconnect
Telegram：https://t.me/CyberConnectOfficial
Whether a user can participate in Launchpool will be restricted by the country or region where they are located.
Please note that the list of restricted countries or regions below is not comprehensive and may be updated as local laws, regulations and other considerations change.
Users must complete identity verification (KYC) and not be in the following countries or regions to participate in the new coin mining.
Currently, users residing in the following countries or regions cannot participate in CYBERcoin mining: Belarus, Cuba, Crimea, Republic of Congo, Iran, New Zealand, Netherlands, North Korea, South Sudan, Syria, the United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands and the U.S. Virgin Islands), Zimbabwe.
The list of restricted countries or regions may be updated periodically as legal, regulatory and other factors change.
Thank you for your support!
Binance Team
August 01, 2023
Note: This announcement was updated on August 2, 2023 to provide additional information on BNB revenue pool participation in new coin mining. This announcement was previously updated on August 1, 2023.
