Cycle Network launches Alpha mainnet: Fighting for Web3 freedom

Industry Express
2025-02-17 15:10:05
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Cycle Network has been fighting for Web3 freedom, striving to promote a fairer, more open, and decentralized ecosystem.

On February 10, 2025, Cycle Network proudly announces the official launch of its Alpha Mainnet, marking a significant breakthrough in the field of Web3 technology. In today's multi-chain ecosystem, developers and users face pain points such as liquidity fragmentation, complex multi-chain operations, and the difficulty of balancing security and efficiency. With the launch of the Cycle Mainnet, we are committed to bringing the community two major innovations: the first verifiable chain abstraction technology architecture without cross-chain bridges and the first practical application, Golden Goose. More importantly, we have reached a deep cooperation with the modular re-staking protocol Symbiotic, providing a more reliable underlying support for the decentralized ecosystem.

On this basis, the core values upheld by Cycle Network have been fully reflected—we fight for Web3 freedom, striving to promote a fairer, more open, and decentralized ecosystem. This freedom is not only a technological breakthrough but also a response to the current issues of capital chaos and class solidification within the Web3 ecosystem.

Breaking the Fragmentation of Multi-Chains: Providing Developers with Creative Freedom

The future of Web3 is a multi-chain ecosystem, but the current fragmentation and liquidity issues in the multi-chain world pose significant obstacles for developers and users, stifling industry innovation. The design of the Cycle Mainnet aims to break this limitation, allowing developers to create and build decentralized applications (dApps) in an unobstructed environment.

Through Verifiable State Aggregation (VSA) technology, Cycle has achieved three major breakthroughs:

  1. Bridge-less Asset Transfer: Users can seamlessly transfer assets between EVM and non-EVM chains without relying on centralized bridges or complex mechanisms.
  2. Low-Latency State Synchronization: Real-time Global State verification based on ZK proofs.
  3. Security-Efficiency Balancing Technique: Achieving dual optimization of security and operational efficiency through a three-layer architecture (Extend Layer, Cycle Layer, Security Layer).

These innovations provide developers with a broader creative space, reducing redundant labor and allowing 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.

Upholding Liberalism Amid Capital Chaos: Staying True to Our Original Intent and Continuing Innovation

We are well aware that there are capital chaos issues in the current Web3 ecosystem—capital collusion, unfair on-chain competition in PVP projects, and the phenomenon of bad money driving out good. Many retail investors find it difficult to escape the fate of being exploited by capital, and the issue of class solidification in the industry is becoming increasingly severe. However, Cycle Network remains true to its original intent, upholding the principles of liberalism, and firmly fighting for decentralization and fairness.

Despite facing these capital chaos issues, we have not wavered. It is precisely because we see these problems in the industry that Cycle Network has become even more determined to create a truly decentralized, transparent, and fair ecological environment for Web3 freedom. We firmly believe that the true value of Web3 lies in providing equal opportunities for everyone, rather than becoming a subsidiary of capital and centralized forces.

Over the past two years, despite the challenging industry environment, we have consistently adhered to continuous innovation and long-term construction. Our first testnet was officially launched in February 2024, and after one year of multiple version tests and iterations, we have accumulated rich technical feedback and optimization experience. Today, after thorough technical validation, we finally welcome the official launch of the Alpha Mainnet. This is not only a technological breakthrough but also a reflection of our unwavering belief and mission—to provide developers and users with a more free and open space for creation and interaction, breaking down the barriers between capital and technology, and empowering every participant.

Symbiotic Cooperation: Building an Economically Constrained Security System

Although Cycle has built a three-layer security architecture, we understand that decentralization is not only a technological innovation but also requires ecological 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.

The staking security mechanism of Symbiotic provides additional guarantees for cross-ecosystem security in Cycle, requiring participating validating nodes to stake collateral in vaults. If they submit incorrect state proofs, the staked assets will face the risk of forfeiture. This mechanism effectively prevents malicious behavior and enhances security and reliability.

Golden Goose: Reshaping the Revenue Paradigm of the Web3 Ecosystem

The integration of this bridge-less cross-chain model with Symbiotic's staking security mechanism has been successfully piloted in the Golden Goose full-chain asset pool, significantly reducing the risk of malicious behavior by operators. Golden Goose is the first full-chain yield game built on 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 revenue models: Pro Mode, which focuses on steady appreciation and is suitable for professional investors; and Game Mode, which provides ordinary users with more interactive experiences. Since its launch, Golden Goose has attracted over 140,000 registered users, and the platform's TVL has surpassed $15 million, proving the immense potential of its innovative design and yield aggregation.

The Future is Here: Fighting for Web3 Freedom

The launch of the Cycle Mainnet marks the transition of bridge-less 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 enhancing user interaction experiences. A Web3 multi-chain interconnected era that is free from the complexities of the underlying technology and is secure and efficient is approaching us.

We firmly believe that Cycle's mission is not only technological innovation but also the practice of the ideals of Web3 freedom and decentralization. We fight for Web3 freedom, welcoming this new decentralized era together with the global community.

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