Cicero LGE
January 21st, 2025

Today, we are introducing our on-chain Cicero points program to reward our early adopters as we prepare to deploy Cicero to mainnet. The LGE has two phases:

  • Epoch 1 - Pre-launch liquidity campaign

  • Epoch 2 - Migration and incentivized Cicero launch.

The LGE campaign is an important step towards deploying Cicero, which will conclude with the launch of the Cicero governance token. At least 6% of the Cicero token supply will be distributed to users at the end of the LGE where allocation is calculated via the points program starting this week. Over 50% of the Cicero total supply will be distributed to the community. Tokenomics distributions are shown here.

Users will receive Cicero Points for participating in our pre-launch liquidity campaign. For Epoch 2, users will receive points for migrating assets from our pre-launch campaign to Cicero mainnet, as well as for completing on-chain transactions.

Deposit USDC to receive Cicero Points

In Epoch 1, users can start receiving Cicero Points this week by depositing USDC at “Cicero.network”.

Those who deposit early will benefit from accumulating more Cicero Points as the program matures towards the mainnet launch. You will continue to receive Cicero Points as long as you have assets staked in the LGE.  Once Epoch 2 begins you can migrate the USDC to mainnet and transact on-chain to unlock compounding incentives and increased points.

The earlier and longer you contribute, the more Cicero Points you will receive. We may add further assets to deploy in the future or adding points multipliers for certain activity.

Any updates will be announced on our Cicero X account.

Points calculations

Starting this week, Cicero Points will be calculated in real time once LGE begins. Points are based on the USDC value you are staking, the length of time you are staking, where earliest contributors are rewarded at the highest yield.

Cicero Points calculations are as follows:The base rate of the LGE points is set by the Governance in the form of pointSpeed. Cicero points are then calculated using pointSpeed multiplied by each USDC deposited per second.

We are introducing Cicero points as a starting point to decentralize our network, beginning with early contributors who can stake assets and earn points as we near the Cicero launch. Cicero Points will drive liquidity and boost on-chain activity, paving the way for a successful launch.

The road to Cicero

Cicero Points will be integral throughout every phase of the Cicero network deployment. Over 50% of the Cicero token supply is allocated to the community and will shape Cicero governance towards completely distributed decision making. From this starting point, we plan to announce a string of incentive campaigns that extend into the migration of capital to Cicero and conversion of points into Cicero tokens for airdrop.

The primary way to qualify for the Cicero LGE airdrop will be via the LGE, through both epoch 1 and 2. Epoch 1 will begin in the coming days.

Who we are

Cicero team members have been building at the intersection of Web3 / DeFi for a number of years - both building and being involved from day zero in projects such as Clearpool & Thorchain. Cicero core team have received investment from many of the top angels and investors in crypto including Framework Ventures, Mechanism Capital, Spartan Capital, Newman Capital, Paul Veradittakit, x21 Digital, Shiliang Tang, Glen Eagle and Apex Capital + others.

Subscribe to Cicero Finance
Receive the latest updates directly to your inbox.
Mint this entry as an NFT to add it to your collection.
Verification
This entry has been permanently stored onchain and signed by its creator.
More from Cicero Finance

Skeleton

Skeleton

Skeleton