Binance Launches 37th New Token Mining for CyberConnect (CYBER) Using BNB, TUSD, and FDUSD

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CyberConnect (CYBER) has officially been selected as Binance’s 37th New Token Mining project, marking a significant milestone for developers and users in the Web3 social space. This initiative allows users to mine CYBER tokens by staking BNB, TUSD, or FDUSD on Binance Launchpad, offering early access to a promising decentralized social infrastructure protocol.

The mining period began on August 2, 2023, at 08:00 (UTC+8), running for 30 days until September 1, 2023. Following the mining phase, CYBER was listed on Binance on August 15, 2023, with trading pairs including CYBER/BTC, CYBER/USDT, and CYBER/BNB under Seed Tag trading rules.

What Is CyberConnect (CYBER)?

CyberConnect is a decentralized social network protocol designed to empower developers to build next-generation social applications on Web3. By enabling user-owned digital identities and portable social graphs across blockchains, CyberConnect aims to dismantle data silos prevalent in traditional social media platforms.

The native token, CYBER, plays a central role in governance, staking, and ecosystem incentives. With a total supply of 100 million CYBER, the initial circulating supply stands at 11.038 million (11.04%), ensuring scarcity and long-term value accrual potential.

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Token Mining Details

A total of 3 million CYBER tokens (3% of total supply) are allocated for this mining event, distributed across three separate pools:

Users can stake their eligible assets starting August 2, 2023, with rewards distributed hourly based on proportional contributions. The mining window spans exactly 30 days, concluding on September 1, 2023, at 07:59 (UTC+8).

Hourly Mining Caps

To ensure fair distribution, Binance has implemented per-user hourly caps:

These limits prevent large holders from dominating reward allocation and promote broader community participation.

Mining Allocation Schedule

During the entire mining period—from August 2 to August 31 (UTC)—the daily mining quota remains consistent:

Note: The schedule uses UTC timestamps. In UTC+8 time zones, each day runs from 08:00:00 to the next day’s 07:59:59.

How Mining Works on Binance

Binance employs a dynamic snapshot mechanism to calculate rewards:

You can freely move funds between pools without penalties. However, one asset cannot participate in multiple pools simultaneously—one coin, one pool.

Once all tokens are mined or the period ends, any unclaimed rewards and staked assets are automatically returned to your spot account.

Integration with BNB Vault

BNB holders benefit from seamless integration: if you have BNB in the BNB Vault (formerly BNB Staking), it will automatically participate in the CYBER mining event. There's no need to manually transfer assets—rewards are distributed daily directly to your wallet.

Additionally, BNB used in mining continues to count toward VIP tiers, Launchpad eligibility, airdrops, and other BNB utility benefits.

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Key Features & Benefits

Supported Blockchains

CyberConnect operates across multiple chains for maximum interoperability:

This multi-chain architecture enables developers to deploy social apps across ecosystems while maintaining unified user identities.

Geographic Restrictions

Due to regulatory compliance requirements, users from the following jurisdictions cannot participate in the CYBER new token mining:

This list may be updated in response to evolving legal and regulatory landscapes.

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Frequently Asked Questions (FAQ)

Q: When did the CYBER mining start and end?
A: The mining event ran from August 2, 2023, at 08:00 (UTC+8) to September 1, 2023, at 07:59 (UTC+8), lasting exactly 30 days.

Q: Can I use BNB in the Vault to mine CYBER?
A: Yes. BNB held in the BNB Vault automatically participates in the mining program without requiring manual transfers.

Q: How are rewards calculated and distributed?
A: Rewards are calculated hourly using randomized snapshots. You earn proportionally based on your average balance during each hour and can withdraw rewards anytime.

Q: Is KYC required to join the mining event?
A: Yes. All participants must complete identity verification (KYC) and must not reside in any of the restricted regions listed above.

Q: What happens after all CYBER tokens are mined?
A: Once the pool is exhausted or the event ends, all remaining staked assets and unclaimed rewards are automatically returned to your spot wallet.

Q: Are there any fees for participating?
A: No. There are no fees associated with depositing into or withdrawing from the mining pools.

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This Binance Launchpad event underscores the growing importance of user-owned data and identity in the evolution of social media. As Web3 adoption accelerates, projects like CyberConnect are paving the way for a more open, transparent, and user-centric internet. Whether you're a developer building on decentralized infrastructure or an investor seeking early exposure to innovative protocols, the CYBER mining opportunity represents a strategic entry point into the future of social networking.