Cysic Token on BNB Chain

Introducing Cysic Token (CYS): A New Arrival on the BNB Chain

Welcome to the detailed profile of Cysic Token (CYS), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, Cysic Token (CYS) was launched with the intent to join the thriving BNB Chain ecosystem.

This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.

At NewCoinHub, we provide up-to-date and comprehensive data about Cysic Token (CYS) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.

Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.

Read on to learn more about Cysic Token (CYS) and find answers to some frequently asked questions.

Token description

### What Is Cysic (CYS)? Cysic is building the ComputeFi infrastructure that turns computing resources into verifiable, tokenized on-chain assets. By unifying hardware acceleration, ZK proof systems, and tokenized verifiable compute markets, Cysic transforms global compute capacity into an open resource that anyone can contribute to and build upon. It’s redefining how compute is supplied, priced, and accessed in the next generation of blockchain and AI applications. The system operates on a Layer-1 blockchain that uses a Proof-of-Compute (PoC) consensus mechanism. Validators participate in Byzantine Fault Tolerant (BFT) consensus and verify the correctness of compute tasks before state transitions occur. This allows ZK proofs, AI inference, and other workloads to be executed off-chain and settled on-chain with cryptographic validation. Founded in 2022 by a global team of hardware engineers, cryptographers, and blockchain developers, Cysic integrates with multiple ZK ecosystems and proving frameworks, as described in the materials you provided. CYS is the native token of the network, used to pay for compute, secure PoC through staking, and participate in governance via CGT, a non-transferable credit minted when CYS is staked. Cysic’s infrastructure supports applications such as ZK proof generation, ZK verification, AI model inference, tokenized compute hardware, and privacy-preserving analytics. It extends these capabilities to cloud and edge environments, enabling verifiable computation across decentralized and traditional systems. ### Who Are the Founders of Cysic Cysic was founded by Leo Fan, who holds a PhD in cryptography from Cornell University. His previous work includes research roles at Algorand, NIST and Rutgers University, along with early experience in Bitcoin and Ethereum mining.Other core team members come from organizations such as Huawei, Alibaba, Amazon, Google, DJI, Binance Labs and Manta, with backgrounds in hardware design, zero knowledge systems, blockchain engineering and operations. ### What Makes Cysic Unique Cysic combines a compute marketplace, a verification framework and hardware-supported execution within one network. Contributors supply computation through available devices, and developers access verifiable workloads through a single interface. Each task is executed and validated before it is finalized on chain through Proof of Compute. The system is structured as a full stack architecture that includes a contributor layer, a compute client layer, an on-chain settlement layer and hardware acceleration devices described in project materials. These components support zero knowledge proof generation, zero knowledge verification and other workloads that benefit from cryptographic validation. In recent testnet phases, the network recorded one point three six million wallet addresses, more than eleven point nine million transactions, forty one thousand provers and more than two hundred thousand verifiers. ### How Is the Cysic Network Secured Security is provided by Proof of Compute. Validators stake CYS, verify task correctness and participate in Byzantine Fault Tolerant consensus. Incorrect computation leads to slashing of staked tokens. ### What Is the Use of CYS As the native utility token of the network, the CYS token underpins Cysic ecosystem by aligning incentives between users, compute providers, governance participants, and contributors, all working toward equitable global access to trustless computing. It is used for: * Paying for verified compute tasks * Staking to secure the network under Proof-of-Compute * Reward distribution to contributors and validators * Fee routing, where a portion of fees is burned and the remainder is distributed on-chain Cysic uses a dual-asset structure in which staking CYS mints CGT, a non-transferable governance credit. CGT is used for: * Governance participation * Determining compute quota and scheduling priority * Representing long-term contribution within the system This structure separates liquid economic utility (CYS) from non-transferable governance and scheduling rights (CGT).