Cycle FinanceCYCLE
$4.41
Market/Exchange
CYCLE Price Prediction and Price Movement
CYCLE has been down 61.61 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that CYCLE's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if CYCLE is backed by a solid development team and whether CYCLE's technology has any potential to grow.
Please note that this analysis is purely base on CYCLE's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Cycle Finance Price Chart
About Cycle Finance
WHAT IS CYCLE FINANCE ($CYCLE) ?
The Cycle Protocol is a yield optimizer, allowing you to auto-compound rewards from a variety of DEX/projects from the Avalanche C-chain, with it's own liquidity mining program attached to it.
The Cycle token will be used for governance, in order to give power to the community on the health and evolution of the protocol. It also receives part of the revenue generated to those who decide to stake it, in order to reward them.
WHAT MAKES CYCLE FINANCE UNIQUE ?
Benefiting from the Avalanche Network low gas fees and fast transaction speeds, Cycle allow easy on-boarding of new users through a ZAP function, allowing for one-click deposit into it's auto-compounders. Users are then earning our own token, $CYCLE, on top of the auto-compounding.
Unlike many liquidity mining programs and yield farms, the Cycle Protocol reward distribution does not follow a block by block, time based or uncontrolled inflationary model. A fixed amount of rewards is instead distributed according to each vaults TVL and adapted daily to better fit the current state of liquidity.