Cyclxv1Price

(CYCLXV1)

To transition from v1 to the next version, you must lock your tokens during the specific "Stake" window via the official protocol interface. This process is essential because the project operates on an "evolve or go extinct" model. By locking your current tokens within the designated timeframe, you become eligible to receive an equivalent amount of the new version once the "Claim" phase begins. Participation is mandatory for those who wish to maintain their holdings into the next cycle.

If tokens are not staked or claimed within the defined cycle timeframe, they become "fossils." These are essentially dead tokens that lose all utility and value within the ecosystem. Because they were not migrated to the next version during the required window, they cannot be upgraded or used in future cycles. This mechanism ensures that only active participants move forward, while inactive supply is effectively removed from the circulating ecosystem.

The protocol operates through three recurring phases: 1. Rest: The period between cycles where tokens can be moved or traded normally on platforms like LBank. 2. Stake (Freeze): The critical window where users must lock their current tokens to qualify for the next version. 3. Claim (Melt): The phase where users receive the new, evolved version of the token. Understanding these phases is vital, as the transition is time-sensitive and requires active management.

CYCLXV1 is designed to be deflationary through its "survival" model. Every cycle, tokens held by inactive users who fail to migrate their holdings on time are turned into fossils. These fossilized tokens are removed from the active circulating supply. This means the total supply of the newest version of the token naturally decreases over time, rewarding active participants by increasing the scarcity of the current, functional version of the asset.

"Roll Cycle Sync" refers to the manual on-chain action required to move the protocol from one phase to the next. Because the protocol is decentralized and operates on the Ethereum network, a user must trigger this transition on-chain, which requires a gas fee. This function ensures the smart contract logic progresses through its evolutionary stages, allowing the community to move from the Rest phase into the Stake and Claim phases.

CYCLXV1 is an ERC-20 token on the Ethereum blockchain and can be traded on LBank. It is crucial to verify the official contract address (0x96eA5b86219Ec88eC18ca732C81C0f942D1dBefb) before interacting. Due to the unique nature of the project, "fossilized" versions from expired cycles may still exist on the blockchain but carry no utility. Always ensure you are interacting with the active version and using official channels to avoid obsolete tokens.