Brook@CIAN.APPPreparation before using CIAN
1. Create a smart wallet.2. Deposit funds in your smart wallet.3. Define the automation authorization timeframe. Please make sure your to keep the authorization valid while having active position(s).4. Deposit some AVAX in “Gas Contract” to cover all future automated transactions related gas fees. We suggest keeping a minimum of 2 AVAX in your gas contract.
Brook@CIAN.APPLeveraged stETH-ETH Arbitrage Strategy
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-_STETHThe temporary stETH price deviations not only bring adversely impact to stETH holders, but also pr...
Brook@CIAN.APPLeveraged arbitrage - Simulation Competition
Simulation Competition - Step by StepIf 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).1️⃣ Create a Simulation Account2️⃣ Select the strategy3️⃣ Set your own parametersThe following parameters are for reference onlyLeverage: 2.5Lower Price (stETH): 0.95Upper Price (stETH): 0.96Stop-loss price: 0.94Final state💳You can change the parameters at all time (EDIT)Useful linksDiscord: https://dis...
Brook@CIAN.APPPreparation before using CIAN
1. Create a smart wallet.2. Deposit funds in your smart wallet.3. Define the automation authorization timeframe. Please make sure your to keep the authorization valid while having active position(s).4. Deposit some AVAX in “Gas Contract” to cover all future automated transactions related gas fees. We suggest keeping a minimum of 2 AVAX in your gas contract.
Brook@CIAN.APPLeveraged stETH-ETH Arbitrage Strategy
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-_STETHThe temporary stETH price deviations not only bring adversely impact to stETH holders, but also pr...
Brook@CIAN.APPLeveraged arbitrage - Simulation Competition
Simulation Competition - Step by StepIf 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).1️⃣ Create a Simulation Account2️⃣ Select the strategy3️⃣ Set your own parametersThe following parameters are for reference onlyLeverage: 2.5Lower Price (stETH): 0.95Upper Price (stETH): 0.96Stop-loss price: 0.94Final state💳You can change the parameters at all time (EDIT)Useful linksDiscord: https://dis...
Subscribe to Brook@CIAN.APP
Subscribe to Brook@CIAN.APP
<100 subscribers
<100 subscribers
Share Dialog
Share Dialog
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.
In order to use protocol, you will need:
A CIAN’s smart wallet (@Brook link article)
Some assets in your smart wallet
Some AVAX in your Metamask wallet (for gas fees)
In order to set some automation tools on your investment, you first need to build your investment using either, Position building or Protocols. In this section, you can find all protocols available, separated in 4 categories : Lending / Liquidity Providing / Yield Farming / Swap.
Lending : Lending protocols allow users to deposit an asset in exchange for a % of return. Once deposited, users can then borrow another asset, using the deposited asset as a collateral. By borrowing, investors are now able to obtain liquidity (working capital) without selling their valued assets.
Example: User deposit 1000$ worth of ETH for an annual return of 4%. Then, the user borrow 500$ worth of USDT (50% collateral ratio) for an annual fee of -4%. Since the borrow is always over-collateralized (50% in this case), the user end up a total value of 1500$ and an APR of 2% annually (4% + (-4% x 0.5)).
Now, not only he gets a passive income by keeping his ETH, but can use the extra 500$ worth of USDC to go do some yield farming!
Liquidity Providing : Also known as POOL, liquidity providing consist of depositing a pair of assets (e.g. ETH/USDC) in a smart contract, allowing other users to swap between these assets. Since every swap come with some fees, those fees are then redistributed between those who provided to the pool. Normally, after providing liquidity to a pool, users receive LP tokens, that can be Farmed, for some extra revenue.
Yield Farming : Stake you LiquidityProvider tokens to generate extra yield.
Swap : Swap one asset for another. CIAN will automatically find the cheapest rate for your swap.
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.
In order to use protocol, you will need:
A CIAN’s smart wallet (@Brook link article)
Some assets in your smart wallet
Some AVAX in your Metamask wallet (for gas fees)
In order to set some automation tools on your investment, you first need to build your investment using either, Position building or Protocols. In this section, you can find all protocols available, separated in 4 categories : Lending / Liquidity Providing / Yield Farming / Swap.
Lending : Lending protocols allow users to deposit an asset in exchange for a % of return. Once deposited, users can then borrow another asset, using the deposited asset as a collateral. By borrowing, investors are now able to obtain liquidity (working capital) without selling their valued assets.
Example: User deposit 1000$ worth of ETH for an annual return of 4%. Then, the user borrow 500$ worth of USDT (50% collateral ratio) for an annual fee of -4%. Since the borrow is always over-collateralized (50% in this case), the user end up a total value of 1500$ and an APR of 2% annually (4% + (-4% x 0.5)).
Now, not only he gets a passive income by keeping his ETH, but can use the extra 500$ worth of USDC to go do some yield farming!
Liquidity Providing : Also known as POOL, liquidity providing consist of depositing a pair of assets (e.g. ETH/USDC) in a smart contract, allowing other users to swap between these assets. Since every swap come with some fees, those fees are then redistributed between those who provided to the pool. Normally, after providing liquidity to a pool, users receive LP tokens, that can be Farmed, for some extra revenue.
Yield Farming : Stake you LiquidityProvider tokens to generate extra yield.
Swap : Swap one asset for another. CIAN will automatically find the cheapest rate for your swap.
No activity yet