CYBER Token Utility

$CYBER is the native utility token of the platform. Users are rewards in protocol generated fees.

Users deposit BUSD into the protocol when minting $RONIN stablecoin -- this processes requires a portion of $CYBER to also be deposited to partially back the peg. When users go to redeem their $RONIN stablecoin a portion of the redeemed value will be returned to the user in BUSD, and a portion will be returned in $CYBER.

The ratio of CYBER and RONIN tokens used by the minting and redeeming function of the protocol is determined by a collateral ratio.

Token Utility

Revenue Generation

Each minting and redeeming of the $RONIN stablecoin incurs a protocol fee. These fees are distributed back to protocol token holders

Capital Efficiency

The protocol requires the use of native CYBER tokens, the minting and redeeming processes require these tokens --this provides an avenue of value capture.

Omnichain NFT

Long term prospects include the launch of our Omnichain/Crosschain NFT game --this will have needed use for both $CYBER and $RONIN tokens