Cyber is estimated to launch Q4 2020.
Cyber is a decentralized alternative to google. The market cap is $0 and the 24h volume is $0.
Cyber blockchain consensus is achieved via Tendermint. Investors can leverage their crypto via staking or delegating. Currently there are 2 options to earn passive income and staking rewards with your Cyber investment as outlined below.
Run a Validator Node
- How to stake Cyber?
CYB (mainnet token) or EUL (the testnet equivalent of CYB) tokens can be staked by locking them with a chosen validator.
- How much can i earn staking Cyber?
The reward is calculated from dynamic parameters. It is dependent on the current inflation, minus commission to the staked validator, if the validator has set a commission. The inflation is a dynamic parameter decided via governance proposals.
- What are the requirements to stake Cyber?
- Is there a risk to stake Cyber?
Yes. By delegating CYB, the coins are at risk of slashing. If the Validator misses blocks or tries to corrupt the network, the delegator holdings might get slashed. Therefore it is very crucial to choose a professional and trusted Staking Service.
- How long are Cyber tokens locked in staking?
For the current testnet (euler-5) the unbonding period is 5 days. Afterwards this parameter will be set via governace proposals.