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Cicada Finance

LYD issuance and tokenization platform

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Cicada Finance

Details

Cicada is a LYD issuance and tokenization platform that uses the CICADA protocol as a CYE to achieve a balance between liquidity and actual returns, targeting high-quality assets with considerable actual returns. LYD (liquidity yield derivative) is a liquid asset tokenized based on CICADA's LT-RT protocol.

Tags: DeFi Restaking Yield optimizer
Founded: 2024

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