Cyclorotor-based wave energy converters (WECs) present a relatively new and innovative paradigm for wave energy harvesting. Their operational principle is based on the generation of lift forces on the rotating hydrofoils due to their interaction with wave-induced circulation of water particles. As a result, relatively little is known about their optimal operation. To date, cyclorotor device performance has been measured by the power of waves radiated by the WEC, while a constant rotational velocity, consistent with the wave frequency, is employed. In this note we show (a) that variation of the cyclorotor velocity within the incoming monochromatic wave period significantly increases the generated mechanical power, while (b) optimising wave cancellation is at odds with the maximisation of shaft power. To optimise shaft power, the letter adopts a multi-harmonic solution for variable cyclorotor rotation rate, inspired by methods developed in other WEC domains.