
UNICORN🦄️|Apr 03, 2025 07:01
Sky is the previous MKR
Old friends should know
At that time, MKR led everyone to charge millions together
The project of Single Coin A8
Still have emotions
This line is still following
In the message sent by Sky: sUSDS is re pledged through @ CygnusFi LVS
So what's new about @ CygnusFi
Cygnus is positioned to connect users and application scenarios between Web2 and Web3, with a particular focus on exploring the integration of traditional social media (such as Instagram) and blockchain technology. The project team includes former members of Meta (the parent company of Facebook/Instagram) who hold Meta's official certification for technical cooperation. The goal is to explore how traditional social media users can more easily use Web3 applications.
Core functions and features
Launch the "InstaPlay" app center, allowing Instagram users to directly experience blockchain games and applications on social platforms without the need for additional wallet settings, lowering the entry barrier to Web3.
Provide cross chain revenue aggregation functionality (LVS), combining on chain (including EVM and non EVM chains) and off chain asset revenue, to explore more sustainable blockchain revenue models.
Support cross chain staking and restacking mechanisms to improve the efficiency of fund utilization.
Adopting a modular architecture and providing development tools (such as SDKs) to facilitate third-party developers in building blockchain applications based on social scenarios.
Explore the creator economy to help social platform creators and users independently control and monetize their personal social data assets.
Technical Architecture and Security
The architecture of "real revenue layer+modular ZK Rollup" balances performance, security, and cost issues, making it suitable for the expansion needs of cross chain applications.
Cross chain verification technology that is compatible with both EVM and non EVM ecosystems enhances the security of asset cross chain usage.
Integrating zero knowledge proofs and modular data storage solutions, exploring high-performance and highly scalable blockchain infrastructure.
Market performance and ecological cooperation
According to official data, InstaPlay has had over 6 million Instagram users participate in testing within a short period of its launch, with a daily average of 50 million visits. The project's total locked in assets (TVL) have exceeded 900 million US dollars, and user revenue has exceeded 17 million US dollars.
Received financing support from well-known institutions including OKX Ventures and Optimism Foundation.
Acquired artificial intelligence company OASIS AI and plans to promote the integration and application of blockchain and AI technology.
Community and Promotion Strategy
Explore effective ways to promote Web3 through collaboration with Instagram KOLs and encryption industry KOLs.
Using real profits to incentivize community participation, and potentially exploring decentralized governance (DAO) models in the future.
The official maintains high-frequency community communication to ensure information transparency.
The above information is only an objective description of the highlights and current situation of the Cygnus project and does not constitute investment advice.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink