Cycan Network × Polygon Partnership Announcement
1. Cycan Network will deploy their decentralized stable coin protocol (ELC) onto the Polygon network.
2. The Hippo Game Dapp, digital asset management protocol (ELP), Hippo NFT Market and other applications will be deployed onto the Polygon’s ecosystem and will apply for no less than 3 grants.
3. Cycan Network’s ecosystem has a total of 70,000 strong community members . With more than 100 Chinese affiliate communities, the number of HIP, ELP and CYN addresses on BSC (Binance Smart Chain) has reached 62,000+, 17,000+, 16,000+ respectively and will fully support Polygon’s Chinese communities and integrate into Polygon’s global ecosystem.
Cycan Network’s goal is to reach 200,000 addresses within Polygon’s ecosystem in a span of three to six months. Quality projects planning to launch onto BSC and/or Polygon network can do so via Hippo HDO platform. Partnerships/collaborations are always welcomed.
4、Cycan Network will complete an open-sourced cross-bridge between BSC, Polygon, and Cycan.
5、Cycan Network will launch MATIC token in the Hippo Game Dapp on both BSC and Polygon. Cycan will also lock-up a large amount of MATIC tokens.
On Aug 10, Cycan Network applies for grants from Polygon.
On August 15, The Hippo Game will be deployed on Polygon. HIP token will go live on Polygon which will add an estimated 30,000+ active addresses onto the Polygon network.
The cross-chain technology will be achieved using both the official bridge and the Cycan Network’s smart contracts.
On August 21, ELP will be launched in Hippo Game on Polygon, and on August 27, we will launch CYN respectively which will add another 10,000+ active addresses to the Polygon network.
Also on August 27, MATIC token will be launched in the Hippo Game on BSC.
In September, Cycan Network will launch MATIC token in the Hippo Game on Polygon so as to lock-up millions of MATIC tokens using smart contract.
By the end of September, the cross-chain bridge between BSC and Polygon will be completed and open-sourced.
The Cycan (CYN) is a public chain providing DEFI infrastructure for NFT market, based on Substrate framework, compatible with WASM, EVM virtual machine, providing access to Cycan public chain slot for NFT consortium chain to realize the global flow of computational NFT such as traceable vouchers and digital IP.
The Everlasting Parachain (ELP) is a decentralized cross-chain asset management platform to provide users with convenient asset management tools and diverse investment strategies to achieve the value growth of their digital asset portfolios. Cycan will be focusing on the DeFi&NFT market.
The Everlasting Cash (ELC) is an anti-inflation algorithmic stablecoin on the Cycan network.
Hippo Token, the community token for the Cycan network, will be the candy box for airdrops in Cycan community.
HIP BSC Smart Contract Address(BEP20)：
ELP BSC Smart Contract Address(BEP20)：
CYN BSC Smart Contract Address(BEP20)：
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