Deposit Incentives

Future Phases

New phases are scheduled to begin every 14 days. Upcoming phases may adjust available slots and $CYPHER token rewards based on demand and network conditions. After claiming, users can withdraw their note while keeping the deposit in Cypher. An off-chain process checks the nullifier hash of the note to ensure it hasn’t been spent. If eligible, a claim button will appear, and tokens will be relayed to the address that made the initial deposit. If the deposit is withdrawn, the note will be marked as "spent" and ineligible for rewards. Submit your deposit note to verify its validity for that commitment and confirm it is unspent. Confirm the correct phase for your deposit. Navigate to the Incentives page and select the phase with available rewards. Rewards are claimable only if the deposit from that phase remains unspent at the time of claiming.

Incentives Tracker - Claiming Rewards

When Can You Claim?

Each phase of the Cypher Incentive Program ends with a 7-day reward window, allowing eligible participants to claim their $CYPHER token rewards. Reward claims are available only during the final 7 days of each phase. Once this period ends, rewards for that phase become inaccessible.

What Do You Need?

To claim rewards, you must demonstrate that your deposit remains unspent, verified using your deposit note.

How to Claim?

Claim Phase (Final 7 days)

• The deposit must remain verifiable in the pool at the claim time.

• Users have 7 days to claim their rewards.

• Deposits do not require withdrawal during or after the reward claim.

• Users can track their deposit status and progress in the phase via the Incentives page by selecting the relevant phase.

Hold Period (Next 14 days)

• Users must retain their deposit in the pool throughout this period.

• No actions are needed during this time.

Deposit Phase (First 7 days)

• Users deposit the stipulated ETH amount into Cypher.

• A restricted number of deposit slots are offered on a first-come, first-served basis.

Deposit Incentives

To boost pool development and expand the anonset, deposit incentives are now live for Cypher.

How Do They Work?

Incentives are structured in phases, each lasting 4 weeks with an overlap at the 2-week juncture, promoting sustained participation and growth in verified pools.