Overview
Cyclic Protocol adopts a decentralized smart contract architecture, and all core functions are automatically executed by smart contracts to ensure the security, transparency and efficiency of the system.
The technical architecture of the protocol is designed around the following three core goals:
Security: Ensure the security of user funds and avoid smart contract vulnerabilities and malicious attacks.
Functionality: Support flexible lending, liquidation, asset return and other key mechanisms to improve user experience.
Community governance: Use CYC tokens to empower the community, achieve autonomous management, and build a healthy economic system.
Cyclic Protocol consists of a series of smart contracts, including lending contracts, mortgage management contracts, liquidation contracts and governance contracts, to ensure the interoperability and stability of each functional module.
Last updated