CyberConnect

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Frequently asked questions

What is $CYBER on CyberConnect?

The Cyber token serves as the core utility and governance asset within the Cyber ecosystems, protocols, and chains. Users engage in the governance process through proposal submissions, deliberations, and voting, utilizing CYBER tokens directly or via delegation. Governance proposals, ranging from community treasury allocations to protocol upgrades and council member appointments, undergo a rigorous two-week voting cycle, ensuring community participation and decision-making.

What is OP Stack on CyberConnect?

The OP Stack, an open-source development framework used by Optimism, forms the foundation of the Cyber L2 platform, enhancing it with modularity and standardization. This setup allows developers to rapidly expand the ecosystem by building on existing modules, while Cyber L2's unique adaptation of the Data Availability layer significantly cuts transaction costs. The future introduction of the Superchain aims to transform the current multi-chain setup into a unified cross-chain network, merging Optimism Mainnet with other OP Stack chains like OP, BASE, and CYBER. This shift promises seamless interoperability among hundreds or thousands of OP-chains, enabling users to transact across chains without the need for switching or bridging and to conduct advanced operations like cross-chain flash loans. Ultimately, the Superchain will facilitate more integrated social experiences and greater interoperability of user-owned data across the ecosystem.

What is Native Account Abstraction on CyberConnect?

Transitioning from externally owned accounts (EOAs) to smart contract accounts introduces numerous user experience improvements, such as a seedless experience, flexible gas payments, batch transactions, and customizable account features. ERC-4337 provides a standard for these accounts but comes with challenges, including a different transaction process, the necessity for users to move assets to benefit, and increased gas costs. Additionally, it depends on fewer nodes and unique RPC methods. In contrast, EIP-2938 offers a solid alternative but isn't fully compatible with ERC-4337's architecture, which operates without modifying the protocol. To address these issues, Cyber L2 is adopting RIP-7560, aiming to integrate smart contract accounts seamlessly into the protocol, ensuring compatibility with the ERC-4337 ecosystem while enhancing overall functionality.