0xFC4d
August 15th, 2022

Every stETH is strictly backed by one ETH on the Beacon chain, which eliminates the possibility of stETH’s crash. However, since users can’t directly unstake their ETH until the Merge is mature, the exchange ratio between stETH and ETH demonstrates large, but temporary fluctuations, especially under recent market conditions.

Fig. 1 Source: https://www.livecoinwatch.com/price/LidoStakedEther-_STETH
Fig. 1 Source: https://www.livecoinwatch.com/price/LidoStakedEther-_STETH

The temporary stETH price deviations not only bring adversely impact to stETH holders, but also provide great arbitraging opportunities that could be capitalized by ambitious long term stETH/ETH holders, provided that there are good onchain positions and risk management tooling. As an example: If you buy stETH at 0.95 ETH and sell it at 0.98 ETH, you pocket 0.03 ETH as profit in this iteration of arbitrage. The risk of stETH arbitraging is largely limited by the strict 1:1 ETH backing, which in turn limits the scale and duration of stETH price deviation from ETH. The attractive RR ratio of this active strategy provides strong argument for smart ETH/stETH holders to add leverage to this strategy for amplified return, if the traders have good tools to set and adjust proper arbitraging prices. To stETH ecosystem, the scaled adoption of this strategy could potentially result in improved stETH’s price stability, which would be beneficial to all stETH holders.

To that end, CIAN launches decentralized onchain automation tools for “Leveraged stETH-ETH Arbitrage” strategy, which iteratively automates user’s stETH purchasing and selling in Curve protocol at prices preset by the user with desired leverage ratio (max 2.5 x). All the parameters including purchasing & selling price limits, leverage ratios etc. can be adjusted at any time. Meanwhile, since the staking rewards of stETH(current APR on Lido:3.9%) is usually higher than the borrowing interest of ETH (APR:1.84%) on AAVE V2, users can passively earn extra yields while waiting for the system to profit from an arbitrage opportunity.

0xFC4d
August 10th, 2022

🚀Welcome to the L.A.A.S. Event!

🎁Event Rewards : NFT (Airdrop target), for details, please refer to L.A.A.S. Event

🕔Event period : August 10 (12:00 EST) — August 24 (12:00 EST)

0xFC4d
August 10th, 2022

Simulation Competition - Step by Step

If any of the underlying steps have already been executed, you can move ahead to the next step.

Earn high APY with your ETH/stETH (Simulation Competition).

0xFC4d
August 10th, 2022

Strategy Adoption Award - Step by Step

If any of the underlying steps have already been executed, you can move ahead to the next step.

1️⃣ Preparation:

  • Create a smart wallet
  • Deposit some funds
  • Authorize the ‘’EIP-2612’’ signature
  • Deposit some ETH in the “Gas Contract”
0xFC4d
July 12th, 2022

1. Create a new smart wallet solely dedicated to your first/new strategy.

2. Deposit 2 AVAX in “Gas Contract” to cover future gas fees. The “Gas Contract” are shared by all your smart wallets. We highly suggest to keep a minimum of 1 AVAX in your “Gas Contract”, at all time, to ensure maximum protection.

0xFC4d
July 12th, 2022

1. Create a smart wallet.

2. Deposit funds in your smart wallet.

0xFC4d
July 1st, 2022

High volatility assets: LINK.e, and QI

Strategy Steps (Taking LINK.e as an example):

  1. Deposit 1000 LINK.e on BENQI. Supply APY: 2.37%. The collateral factor of LINK.e is 67.5%.
  2. Borrow $3391.875 AVAX on BENQI (LTV: 50.625%). Borrow Interest: 4.48%
  3. Deposit AVAX in Vector for yield farming. APY: 18.0%
  4. Use CIAN’s automation primitives to protect your position and optimize your capital efficiency. (The suggested target collateral ratio is: 75% collateral factor)
0xFC4d
July 1st, 2022

🚀Welcome to the Automated Protection Week!

🎁Event Rewards : NFT (Airdrop target), for details, please refer to Automated Protection Week

🕔Event period : July 7 (12:00 EST) — July 21 (12:00 EST)

0xFC4d
June 28th, 2022

Low volatility assets on BENQI: BTC.b, wBTC.e, and wETH.e.

Strategy Steps (Taking WETH.e as an example):

1. Deposit 10 WETH.e on BENQI. Supply APY: 1.86%. The collateral factor of WETH.e is 75%.

0xFC4d
June 23rd, 2022

Stablecoins on BENQI: USDT.e, USDT, USDC, and USDC.e

Strategy Steps:

1. Deposit 10,000 USDT.e on BENQI. Supply APY:8.48%

0xFC4d
May 12th, 2022

CIAN

CIAN is a multi-chain middleware automation platform that utilize onchain composability to vastly reduce DeFi users' operational complexity, while increasing their capital efficiency.

Our automation primitives allow users to swiftly build complex multi-protocol investing positions, and apply responsive thresholds that can dynamically rebalance users’ fund across their lending/liquidity providing/staking/farming positions. More specifically, users can setup tools to protect them against liquidation, automatically increase their borrowed assets, auto-compound their farming position and more.

0xFC4d
May 10th, 2022

1️⃣ Download MetaMask: https://metamask.io/download/

2️⃣ Install MetaMask (Browser extension)

3️⃣ Create a Wallet or Import an Existing Wallet

0xFC4d
May 6th, 2022

🚀Welcome to the CIAN test network!

🎁Test Network Rewards : NFT (Airdrop target), for details, please refer to CIAN Alpha Test — Red Line

🕔Alpha test period : 6th May 12:00 EST— 27th May 12:00 EST

🚶‍♂️Test Overview: