I’ve been following the project over time, but honestly, my view is that it’s not at all healthy. There’s a constant loss of followers, a significant decline in the community, price drops, and the project’s lack of profitability.
The developers constantly talk about innovation and that they’re working on it. I do see some things, but honestly, I don’t see anything emerging that could make the project viable and bring results.
The focus on high-profile DEFI investors seems interesting, but from another perspective, would you, as an investor, invest more than R$10,000 in a project that doesn’t seem healthy? In which the creators are anonymous? In a project that receives constant criticism?
I understand that most of the criticism comes from people who lost money with the token; after all, the token has devalued by more than 90%.
I’ve been following the reports, and the developers have indeed been frugal with their spending; asset management seems adequate, but what has been troubling is the lack of results. As developers, you should know how difficult it is to restore community credibility. So, my question is: Is there a long-term strategy to bring the token back from the brink? Launching on major CEXs is expensive, and I don’t see it as feasible given the limited budget.
My suggestion would be to consider developing in areas other than exclusively DEFI.
Thank you for being honest and open with us. We truly value transparent discussions.
In Q2 we decided to pivot CYBRO into a more professional DeFi product. Since then, we have been developing the new version, and it is now close to completion: the smart contracts are being audited by Pessimistic, with the final report expected by September 11; we are polishing the UI and several back-end features; and we are migrating the screens from v1 to the new v2 design. As planned, the public release is scheduled for Q3 (end of September).
Regarding investing ($10k or any other amount), all CYBRO smart contracts are audited, strategies are fully transparent, and the team is doxxed — meaning the system does not require additional trust from users. Even in the unlikely case of CYBRO going down, all funds remain available on-chain. Most importantly, we already have a group of early users with a combined AUM of over $1M, who are likely to continue using the new product and generating revenue for the project.
Our plan is for the project to generate $10–20k per month in revenue by the end of this year. If the business model proves successful, we will scale it further. Unlike the aggregator model (which only breaks even at $40M+ TVL), our new model reaches break-even at around $5M AUM, which we believe is very achievable.
This week we changed our market maker and began discussions about new exchange listings. It will not be Binance or ByBit, since their listing costs are several times higher than Gate. At the same time, we will not list on exchanges outside the TOP-20 CMC. There are a few exchanges in the TOP-20 that look promising for CYBRO, but this step will come only after our tokenomics begin working as intended.
Regarding your suggestion to explore areas beyond DeFi — could you clarify what exactly you have in mind? Our team’s core expertise is in DeFi, which we see as a large and growing industry. Building something like a Web3 game, for example, would not align with our competencies, nor would it likely match the expectations of investors at the presale and post-presale stages.