On February 10, 2025, Cycle Network proudly announced the official launch of its Alpha mainnet, marking a significant breakthrough in the Web3 technology domain. In the current multi-chain ecosystem, developers and users face challenges such as liquidity fragmentation, complex multi-chain operations, and the difficulty in balancing security and efficiency. Through the launch of the Cycle mainnet, we are committed to bringing two major innovations to the community: the first verifiable chain abstraction technology architecture without the need for cross-chain bridges and the first real-world application, Golden Goose. More importantly, we have reached a deep partnership with the modular restaking protocol Symbiotic, providing a more reliable underlying support for the decentralized ecosystem.
On this basis, the core values that Cycle Network has always upheld are fully embodied - we fight for the freedom of Web3 and strive to promote a fairer, more open, and decentralized ecosystem. This freedom is not only a technological breakthrough but also a response to the current problems in the Web3 ecosystem, such as the chaos of capital and the solidification of classes.
Breaking the Fragmentation of Multi-Chain: Providing Developers with Free Creative Space
The future of Web3 is a multi-chain ecosystem, but the current fragmentation and liquidity issues in the multi-chain world have posed significant obstacles for developers and users, hindering industry innovation. The design of the Cycle mainnet is precisely to break this limitation, allowing developers to create and build decentralized applications (dApps) in a barrier-free environment.
Through the Verifiable State Aggregation (VSA) technology, Cycle has achieved three major breakthroughs:
- Seamless asset transfer without bridges: Users can transfer assets between EVM and non-EVM chains seamlessly, without relying on centralized bridges or complex mechanisms.
- Low-latency state synchronization: Real-time Global State verification based on ZK proofs.
- Balanced security and efficiency: Achieved through a three-layer architecture design (Extend Layer, Cycle Layer, Security Layer), optimizing both security and runtime efficiency.
These innovations provide developers with a broader creative space, reduce repetitive work, and allow them to focus on innovation and application building. This not only promotes the development of Web3 applications but also brings unprecedented vitality to the Web3 ecosystem.
Defending Libertarianism in the Chaos of Capital: Staying True to Our Original Aspiration, Continuously Innovating
We are well aware that the current Web3 ecosystem is plagued by the chaos of capital - capital manipulation, on-chain unfair competition of PVP projects, and the phenomenon of bad money driving out good money. A large number of retail investors are unable to escape the fate of being exploited by capital, and the problem of class solidification in the industry is becoming increasingly serious. However, Cycle Network has never forgotten its original aspiration and firmly upholds the libertarian ideology, steadfastly fighting for decentralization and fairness.
Despite facing these capital-related problems, we have never wavered. It is precisely because we have seen these issues in the industry that Cycle Network has become more determined to build a truly decentralized, transparent, and fair ecosystem for Web3 freedom. We firmly believe that the true value of Web3 lies in providing equal opportunities for everyone, rather than becoming a vassal of capital and centralized forces.
Over the past two years, despite the challenging industry environment, we have always insisted on continuous innovation and long-term construction. Our first testnet was officially launched in February 2024 and underwent one year of testing and iteration, accumulating rich technical feedback and optimization experience. Today, after thorough technical validation, we are finally welcoming the official launch of the Alpha mainnet. This is not only a technological breakthrough but also a manifestation of the beliefs and mission we have always upheld - to provide developers and users with a more free and open space for creation and interaction, breaking the barriers of capital and technology, and empowering every participant.
Symbiotic Collaboration: Building an Economically Constrained Security System
Although Cycle has built a three-layer security architecture, we are well aware that decentralization is not just a technological innovation, but also requires ecosystem cooperation and collaboration. To this end, we have reached a strategic partnership with Symbiotic, further enhancing the economic constraint layer of Cycle Network by introducing its staking security model.
Symbiotic's staking security mechanism provides additional safeguards for Cycle's cross-ecosystem security, requiring participating validators to stake collateral in vaults. If they submit incorrect state proofs, their staked assets will face the risk of confiscation. This mechanism effectively prevents malicious behavior and enhances security and reliability.
Golden Goose: Reshaping the Profit Paradigm of the Web3 Ecosystem
The integration of this bridge-free cross-chain model and Symbiotic's staking security mechanism has been successfully piloted in the Golden Goose cross-chain asset pool, significantly reducing the risk of operator misconduct. Golden Goose is the first real-world application built on the Cycle Network technology, combining DeFi and GameFi, allowing users not only to enjoy stable returns but also to earn additional rewards through gamified interactions.
Golden Goose offers two profit models: Pro Mode focuses on stable appreciation, suitable for professional investors; Game Mode provides more interactive experiences for ordinary users. Since its launch, Golden Goose has attracted over 140,000 registered users, and the platform's TVL has exceeded $15 million, proving the great potential of its innovative design and profit aggregation.
The Future is Here: Fighting for the Freedom of Web3
The launch of the Cycle mainnet marks the transition of bridge-free cross-chain technology from theory to practice, but this is just the beginning. In the future, we will gradually open up asset flows between non-EVM and EVM networks, continuously improving user interaction experiences. A Web3 multi-chain interconnected era without the need to perceive underlying complexities, with high security and efficiency, is approaching us.
We believe that Cycle's mission is not only a technological revolution but also the implementation of the ideals of Web3 freedom and decentralization. We fight for the freedom of Web3, and together with the global community, we welcome this new era of decentralization.
