CYLR: reward points
CYLR is the reward points layer. Think of it like credit card points: you earn CYLR for holding CYLA, and when CYLT launches in Phase 2, you redeem your CYLR for CYLT to receive rental income distributions.
- Distributed free to CYLA holders
- Trade on secondary markets
- Planned redemption for CYLT, launches in Phase 2
Free rewards for CYLA holders
Variable supply, minted when the treasury sells CYLA
CYLR has a variable supply. New tokens are created when the Treasury sells CYLA, at a 1:1 ratio with the net USD-equivalent value of proceeds.
Free distribution to CYLA holders
Distributed free to CYLA holders based on their holdings. Hold CYLR for the planned Phase 2 redemption, or trade it on secondary markets.
Trade or hold for planned redemption
Trade on secondary markets today. When Phase 2 launches, CYLR holders will be able to redeem CYLR for CYLT.
Hold CYLA, claim CYLR rewards
Step 1: Hold CYLA, earn CYLR
CYLR is distributed free to CYLA holders. Hold your CYLR until Phase 2 launches.
Step 2: Receive CYLT (Phase 2)
When Phase 2 launches, CYLT tokens will be issued to your verified wallet on Ethereum automatically through our backend. The conversion ratio and mechanics will be detailed in the CYLT offering documents.
When Phase 2 launches, our system will monitor Solana conversions and automatically issue CYLT on Ethereum to verified wallets. The conversion ratio and mechanics will be detailed in the CYLT offering documents.
Who can use CYLR
Identity Verification
Submit government-issued ID, proof of address, and complete identity verification through our approved KYC partners.
Eligibility Check
Confirm jurisdiction requirements and any accredited investor status if applicable. Some regions may be restricted.
Wallet Allow-Listing
Provide your EVM wallet address for CYLT receipt. This wallet will be added to the allow-list after approval.
Token economics at a glance
Distribution method
CYLR is allocated proportionally to CYLA holders by default. CYLS reserves the right to distribute CYLR evenly across eligible holders at its discretion, including for snapshot rounding, fairness adjustments, or compliance reasons. Specific allocation ratios for each round will be published before snapshot.
This document is provided solely for informational purposes and does not constitute an offer, solicitation, or recommendation to acquire or dispose of any digital asset, security, or financial product. The tokens described are intended to enable community membership and participation within a decentralized ecosystem and are not intended to represent equity, ownership, or profit-sharing. Participants should conduct their own due diligence and consult independent professional advisers.
Frequently Asked Questions
Next: CYLT, planned security token
Learn how CYLT is planned to work when Phase 2 launches.
Learn About CYLT