CIAN launches new yield layer to boost DeFi sustainability

Sep. 30, 2024

CIAN, a battle-tested DeFi yield strategy protocol, recently announced the launch of its groundbreaking Yield Layer, a solution designed to address the dual challenges of bootstrapping Total Value Locked (TVL) and sustaining on-chain liquidity in the DeFi sector. The innovative solution aims to reshape the growth momentum of leading protocols, restoring DeFi’s growth in a sustainable way.

Both established protocols and newly launched projects grapple with sustainable growth in adoption and on-chain liquidity. CIAN’s research revealed that a protocol dramatically loses its growth momentum when its unsustainable governance token incentives cannot keep up with the market. CIAN helps partner protocols break through this bottleneck by creating a virtual layer that redistributes external yield sources consolidated across the entire crypto space to each protocol’s asset and ecosystem. The dynamic redistribution of assets to various yield sources further optimises the return of protocols’ asset holders.

“The objective of the Yield Layer is twofold,” said Luffy, Founder and CEO of CIAN. “First, to empower the entire DeFi industry with unified access to diverse yield sources across the crypto space. Second, to restore the growth momentum of leading decentralised protocols in a sustainable way by leveraging external yield sources. We’re not just offering an infrastructure; we’re providing a catalyst for the long-term growth of the DeFi ecosystem.”

CIAN’s Yield Layer addresses critical issues in the current DeFi landscape:

1. Insufficient returns from established protocols, leading to growth stagnation.

2. Challenges faced by new protocols offering high APYs through airdrop programs, resulting in TVL volatility.

3. The unsustainability of relying solely on governance tokens for growth across market cycles.

4. Lack of a bridge between established on-chain assets and organic yields and alphas across the crypto space

The Yield Layer’s innovative approach is exemplified in its collaboration with Lido, a leading liquid staking protocol. CIAN has developed a dedicated sETH yield layer for Lido, allowing users to deposit their stETH and access multiple stETH-aligned Liquid Restaking Tokens (LRTs) based yield strategies for yield boost.

“CIAN’s Yield Layer is a game-changer for DeFi. It bridges diverse external yield sources with protocols’ growth demand,” commented Matthew Graham, founder of TokenLogic “Optimising returns through redistributing crypto yield sources holistically to crypto assets and ecosystems, it’s not just improving yields, but creating a more efficient and sustainable DeFi ecosystem.”

Key benefits of CIAN’s Yield Layer include:

1. Focus on scalable and sustainable yield sources, including Funding rates, LST, RWA etc.

2. Improved APY from the frequent incorporation of nascent high-quality yield sources.

3. Liquidity Enhancement: Aims for large TVL, boosting liquidity for partner protocols.

4. Dynamic asset allocation across various yield sources and yield strategies for the balance between yield optimization and liquidity health.

5. Enhanced security from multiple iterations of security checks by all the protocol partners.

6. 1-click on-chain asset management for asset holders with decentralised automation.

CIAN has maintained a flawless security record with no exploits or liquidations for two years. Over this period, it has developed close partnerships with leading DeFi primitives, contributing approximately $160 million to Lido’s TVL and collaborating with protocols such as Aave, Compound, and Symbiotic.

As CIAN continues to support most of the mainstream blockchain networks and crypto assets, its future growth prospects remain strong, especially with the expanding integration of the ETH, Solana and BTC staking/restaking sector and the Real World Assets (RWAs).

For more technical details, developers can access CIAN’s Yield Layer documents on GitHub.

About CIAN:

CIAN is a virtual layer that empowers the sustained growth of protocols through redistributing yield sources consolidated across the entire crypto space to each protocol’s asset and ecosystem. With 1 click, CIAN helps crypto asset holders achieve best-in-class secure APYs from all consolidated yield sources in the most efficient way. CIAN maintained a flawless security record with no exploits or liquidations for 2 years.

For more information, users can visit https://cian.app/ or follow CIAN on Twitter | Discord | GitHub.

Contact:

Karen
PR Manager, CIAN
[email protected]

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