The team here at Cyclos are excited to announce that after months of hard work and iteration, our alpha mainnet product is now available to anyone holding a Cyclos Mainnet Ticket.
For Cyclos Mainnet Ticket holders, you are now free to access the concentrated liquidity pools at http://app.cyclos.io.
As of launch on October 26th, 2021 the first pool that is enabled for mainnet ticket holders to add liquidity to is the CYS/USDC pool. We will slowly be enabling more pools on further pairs over the next coming weeks as we continue to unveil the product. Our first priority is to collect the valuable feedback from our alpha testers on their user experience.
Notes for Alpha Mainnet Ticket Holders
*first the disclaimer: as with any new product launch, we ask that you proceed with caution and try to understand the program as much as possible before use. As of launch, the “close position” function has not yet been enabled. This will be updated and enabled within approximately 24 hours post-launch. As a second note, please refrain from “aping” into the platform. If you decide to test the platform, it’s advisable to use small amounts.
For those holders that wish to test the platform, after your wallet is connected and mainnet NFT detected, you can open a position by selecting the “new position” button at the top right of the pools overview.
From there, you will see the “Add Liquidity” section, which at present, allows you to add a concentrated liquidity position to the CYS/USDC market on Serum.
From here, you may select the minimum and maximum price range between which you would like to provide your liquidity on the CYS/USDC pair. Please note that because of account limits currently imposed by Serum, you must select a price interval of 100 lots, or 0.1 CYS in this case. For this current iteration of the product, that means an example price interval might look like:
Once you have selected the chosen price range in which you wish to provide liquidity, you can now select “Create Position” at the bottom.
Finally, you will be prompted to approve the transaction by your wallet. Your active positions will now be shown in the “Pools Overview”.
Once again, we thank our alpha mainnet testers for your participation in helping the Cyclos team push the forefront of DeFi on Solana. This is the first iteration of many more to come and we look forward to receiving your feedback on the product and how we can improve it from a user perspective. For those of you that have tested the product and wish to share your thoughts with us, the feedback form is available here.
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See you there :)
