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Denis Skripnik (blind) (✱,✱) Profile picture
Denis Skripnik (blind) (✱,✱)
@Denis_skripnik
Blind JS & PHP dev in web3. On X: reviews of web3 projects with team, concept, coin, code, practice. + tokenomics audits & dev updates. Other links in Linktree.
Jan 16 • 13 tweets • 3 min read
Should you hold $CYPH?
Breaking down Cypher tokenomics.
Cypher is a DEX + launchpad, with plans to expand further.
The token model looks non-trivial, so I decided to analyze whether it actually works.
(1/12) Image Many people are watching this project.
Reportedly, it was built by the former Camelot DEX team (did not verify).
Looks like the first attempt didn’t work — now a second one 😁 (2/12)
I also noticed Algebra listed in revenue distribution.
As I understand it, this is DEX infrastructure software. (2/12)