Company attributes
Other attributes
The Cycan Network (CYN) is a decentralized cross-chain asset management platform that provides users with convenient asset management tools and diverse investment strategies to achieve value growth for their digital asset portfolios. Cycan is focused on the DeFi market and will be deployed on BSC，Polygon networks and other public chains. Features:
- 1. Cycan is a decentralized cross-chain asset management platform that is not confined to any particular network.
- 2. Cycan does not charge any protocol or management fees and it uses multiple decentralized fund liquidity mining mechanisms to distribute rewards to participants making it more user-oriented and diversified.
- 3. Cycan has the first stablecoin that possesses three functions: medium of exchange, unit of account, and store of value.
- 4. Cycan bridges will be built to let smart contract inter-calling between the EVM and WASM achieved.
Cycan's Mission
To provide the world with advanced asset management and investment strategies currently only available to institutional investors. To achieve our goal, we will need to:1. Build a decentralized investment and wealth management ecosystem with complete on-chain governance.2. Aggregate 1 trillion USD of total funds (TVL) locked into Cycan and the ELP protocol.3. Have ELC capture 5% to 10% (up to $100 billion) market share of the stablecoin market.
