CYLS
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Announcements

Treasury policies and governance announcements. Maintained by the founding team and updated as the project evolves.

Token Governance

The CYLS team operates under strict governance principles designed to protect token holders:

  • No Forced Clawbacks: The team cannot forcibly reclaim tokens from any holder's wallet.
  • No Forced Transfers: Tokens cannot be moved from one wallet to another without the owner's consent.
  • Multisig Authority: The mint authority is governed by a multisig wallet requiring multiple team signatures for any supply-related actions.
  • Transparent Operations: All treasury movements are recorded and publicly visible on this transparency portal.

This policy is subject to review and updates. Last reviewed by the founding team.

Last updated: March 16, 2026

Reward Distribution

CYLR (reward tokens) are distributed proportionally to CYLA holders based on periodic snapshots:

  • Snapshot-Based: Holdings are recorded at a specific block height on each distribution date.
  • LP Inclusion: Tokens held in liquidity pool positions are included in the snapshot calculation.
  • No Minimum Hold Duration: There is no minimum holding period required to qualify for rewards.
  • Proportional Allocation: Each holder receives CYLR proportional to their share of the total CYLA supply at snapshot time.

Distribution schedules and specifics are announced in advance via our official channels.

Last updated: March 16, 2026

Token Conversion & KYC

CYLR holders may convert their reward tokens into CYLT (security token) through a regulated process:

  • KYC Required: All CYLT conversions require completed Know Your Customer verification.
  • Regulated Process: The conversion pathway follows applicable securities regulations.
  • DigiShares Integration: CYLT is managed through the DigiShares platform for compliance and transfer management.
  • Details TBD: Specific conversion ratios, timelines, and procedures are being finalized with our legal team.

This section will be updated as the conversion process is formalized.

Last updated: March 16, 2026

Treasury Operations

Treasury token sales follow predictable, transparent practices:

  • Announced Sales: Treasury sales are communicated before execution whenever possible.
  • Consistent Schedule: Sales follow a predictable cadence to avoid market surprises.
  • Volume Limits: Daily and weekly sale volumes are managed to minimize market impact.
  • Purpose-Driven: Treasury sales fund platform development, partnerships, and operational costs.
  • Full Transparency: Every sale is recorded in the transaction ledger with date, amount, and price.

The goal is to build trust through consistency and predictability, not surprise.

Last updated: March 16, 2026