UNKNOWN

JUNE 2024

GLOBAL

CYBER.CO

DESCRIPTION OF EVENTS

"Cyber is the first restaked Ethereum Layer 2 designed for social and optimized for mass adoption. It serves as the social layer for web3 applications and the gateway for the next wave of users to access web3 experiences, tools and financial liquidity across all Layer 2 ecosystems."

 

"Frictionless UX through Native AA Cyber's built-in account abstraction and seedless wallets deliver a smooth user experience. Frictionless UX through Native AA High Performance Infra on EigenDA Cyber is built on hyper scale EigenDA, ensuring high TPS at low costs, a requirement for social applications. Security is enhanced by ETH restaking. High Performance Infra on EigenDA Native Yield for Bridged Assets Cyber offers native yield for bridged assets through an innovative revenue sharing model, with additional incentives & rewards layered on top. Native Yield for Bridged Assets Superchain Aligned with the OP Stack Cyber is built with the open-source OP Stack from Optimism, future proofing your app and making it interoperable with other EVM chains. Superchain Aligned with the OP Stack Reduced Risk with Decentralized Infra Cyber’s decentralized sequencer and verifier network ensures there’s no single fault-point for the network, eliminating platform risk for developers."

 

"CYBER Mainnet Staking To fortify network security and reward early loyal members of the Cyber community, 500,000 CYBER will be allocated to those who stake during Mainnet Staking.

 

Revenue Sharing Staked CYBER is delegated to EigenLayer AVS operators running Cyber's sequencers, verifiers, and CyberDB. In return, CYBER stakers will share the revenue from these services."

 

"Ecosystem Airdrop Cyber offers an ideal environment for developers to launch social apps. As the ecosystem thrives, CYBER stakers enjoy eligibility for potential airdrops.

 

Staking Incentives 5.5M CYBER has been specifically allocated to incentivize staking. In the first year following the Mainnet launch, 2M CYBER will be distributed."

 

"We're proud to announce the beginning of the Official $CYBER Airdrop"

 

"Community members & holders are now welcome to sign-up using their wallets to be part of the official distribution list

 

Thank you for being part of our journey - we hope you enjoy it as much as we do

 

A one time verification signature will be required - gas amount will be refunded when distribution goes live"

 

"According to Cyber's official Twitter, the Discord server @BuildOnCyber of the decentralized social L2 Cyber (formerly CyberConnect) was compromised. A phishing link was posted in the announcements channel and all permissions have been stripped. Do not interact with the attached announcement, Do not click any links."

Cyber is an Ethereum Layer 2 platform designed for social applications, emphasizing mass adoption and seamless user experience. It serves as a gateway to web3 tools and financial liquidity across various Layer 2 ecosystems. Built on EigenDA for high performance and low costs, Cyber features account abstraction and seedless wallets for frictionless user interaction. Cyber recently faced a security incident on its Discord server where users were presented with a phishing attack. The service has cautioned users against interacting with the compromised links. It is unclear if there were any users affected by the link.

Sources And Further Reading

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