CyberConnect transforms into social restaking modular L2 "Cyber"—what are the gameplay implications?
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CyberConnect transforms into social restaking modular L2 "Cyber"—what are the gameplay implications?
CyberConnect is being restructured into Cyber, aiming to modularize social restaking and transform into an Ethereum L2.
Navigating Web3 tides with focused insightsText: Karen, Foresight News
On May 15, CyberConnect officially turned a new page, rebranding itself as Cyber—a social L2 built on OP Stack—while spinning off Link3 into a standalone brand.
Cyber encourages developers to build innovative social applications on its platform and will distribute millions of CYBER tokens to incentivize ecosystem growth. A grant of $2 million has already been allocated for builders, with further investments planned to attract more developers and creators to deepen their involvement in the Cyber ecosystem, collectively building a vibrant social L2. Cyber firmly believes users should have full control over their identity and data. For creators, Cyber offers a truly decentralized environment enabling them to expand their influence in a fairer, more direct way and establish closer connections with their fans.
The transformation into a social restaking modular L2 is not only a technological leap for Cyber but also a profound exploration and forward-looking strategy for the future of social networks. In the Web3 era, social networks are indispensable, and their evolution demands more efficient L2 solutions to achieve higher throughput, lower gas fees, and superior user experiences. Furthermore, integrating economically impactful mechanisms can create a self-sustaining economic system for the entire network and drive it toward greater prosperity and sustainability. This is precisely Cyber’s goal: to build a restaking-enabled, modular Ethereum L2 custom-built for social applications.
How Does Cyber Work?
Built on the OP Stack, launched in partnership with Altlayer, and secured by EigenLayer's Active Validation Service (AVS), Cyber has already gone live on its developer mainnet.
OP Stack is the chosen L2 solution for mainstream Layer2s such as Base, Blast, and Zora Network. According to L2BEAT data, among the top five Layer2s by TVL, all except Arbitrum belong to the OP Mainnet and OP Stack ecosystem.
It is foreseeable that as the Superchain narrative—meticulously constructed around OP Stack—matures, OP Stack-based L2s will achieve seamless interoperability across Optimism. At that point, Cyber will undoubtedly benefit from this ecosystem expansion, allowing users from other Superchain ecosystems to access Cyber’s social data network and applications cross-chain.
As part of the Superchain, Cyber will also contribute a portion of revenue generated by its sequencer to the Optimism Collective, accelerating mass adoption of Web3.
In addition, Cyber enhances capital efficiency by introducing native yield from cross-chain assets along with staking incentives provided by Cyber. It has partnered with EigenLayer to launch the Cyber Dual Stake Model and is building a decentralized sequencer and validator network. The dual stake model leverages both CYBER tokens and ETH restaked via EigenLayer to maximize network security, while stakers share in network revenues.
What Can You Do on Cyber?
At the launch of its developer mainnet, Cyber also released a commemorative NFT on its website for users to mint. Cyber told Foresight News that these commemorative NFTs will be empowered during future mainnet activities.
Currently, there are three ways to participate in Cyber. First is the CYBER staking program, which began in March and runs through June 8. Participants not only earn Season 2 CYBER rewards but also gain eligibility for potential airdrops from ecosystem projects, staking incentives, and a share of network revenue—a four-in-one benefit.
The total prize pool for CYBER Season 2 amounts to 1 million CYBER tokens. Each staked CYBER generates 40 points per day. Additionally, CYBER stakers receive airdrops from Cyber ecosystem partners, distributed proportionally based on the amount of staked CYBER (not points). According to Cyber’s official website, the total amount of staked CYBER has already exceeded 3.9 million. Daily check-ins provide an additional multiplier on total accumulated points.
Moreover, Cyber has specifically allocated 5.5 million CYBER tokens for staking incentives, with 2 million CYBER scheduled to be distributed to stakers during the first year after mainnet launch. Regarding revenue sharing, CYBER is staked to AVS operators running the sequencer, validators, and CyberDB, enhancing network security. In return, CYBER stakers share in the income generated by these services, creating a win-win scenario.
The second option is the Cyber Dual Stake Model launched last month, with initial partners including Renzo, Puffer, and ether.fi. Users can deposit restaked assets to earn native ETH staking yields, EigenLayer restaking rewards (including incentives for AVS operations powering Cyber), EigenLayer points, LRT points, and additional Cyber restaking points. Notably, users receive double points on the first 2 ETH they stake, designed to encourage early participation.
Specifically, each user earns 24,000 points per day per ETH for the first 2 ETH staked, and 12,000 points per day per ETH for any amount above 2 ETH. Total deposits in Cyber’s restaking assets have already surpassed $9.23 million. Of course, users may withdraw their assets at any time without affecting previously earned points and yields.
Cyber also features a referral revenue-sharing mechanism: referrers receive 15% of restaking points from first-level referrals and 5% from second-level referrals.
Cyber’s Road Ahead
In summary, as a key player in the Superchain ecosystem, Cyber is well-positioned to continue leveraging its strengths in social data networks and applications. As intra-Superchain interoperability improves, Cyber will attract more users and developers, injecting fresh vitality into its ecosystem. By implementing the innovative dual-stake model via EigenLayer’s Active Validation Service (AVS), Cyber elevates network security to new heights and drives the creation of an economically aligned system where stakeholders’ interests are closely tied to the network, ensuring stability and sustained value growth. To further strengthen security, Cyber plans to advance decentralization at the sequencer layer, guaranteeing robustness and reliability across the network.
Even more exciting, Cyber plans to introduce native account abstraction to dramatically improve user onboarding and completely eliminate the burden of gas fees. This means users will no longer need to manage seed phrases and will enjoy a smoother, more seamless interaction experience. Additionally, Cyber’s official Paymaster will use account abstraction technology to sponsor transaction gas fees for new users, further lowering entry barriers and boosting overall user engagement.
Cyber also plans to launch its “Social Summer” mainnet campaign in June, offering users a complete showcase of its ecosystem features and experiences. The Cyber ecosystem includes leading infrastructure providers such as LayerZero, Particle Network, and EigenLayer. Moreover, a range of ecosystem applications are worth watching, including popular platforms like Galxe, Mocaverse, Element, Phi, Carv, Ultiverse, and Myshell. Cyber will also welcome innovative social projects such as Bitmon, JokerRace, Mest, and Peanut Protocol, bringing users entirely new modes of social interaction and entertainment.
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