My dream is to build a protocol named Cicada. A battle-tested protocol for automated and guaranteed yield farming. Yield will come from:
- MEV (me and the team will be running our own MEV bot; goal is to get close to jaredfromsubway).
- Arbitrage between CEXs and DEXs (goal is to have our own bot for tracking spreads; we'll probably be arbitraging low cap tokens and by doing so, we'll be sending the price to... around zero).
- @pendle_fi PTs (and any other fixed yield opportunities).
- We also will be tracking high APY liquidity pools on DEXs and LP at specific ranges. Our bot will be tracking prices (delay will be milliseconds) and make sure positions won't get liquidated.
So, in a nutshell, Cicada is a polyhedral protocol which will search the highest yield opps with the lowest risk. On top of that, additional yield will be coming from MEV and arbitrage (not fixed).
Users will just need to deposit stablecoins, and the platform does the rest work by itself.
Cicada will take a fixed management fee (0.1%) and guarantee users "N % in N days." If something goes wrong with strategy X, Cicada takes care and refunds in stablecoins and/or its native token, $CIC.
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