🔧 RWA Yield Trading

Cian's Yield Layer and Bondify are converging around **looping** as their core use case. After a year testing yield sources, Cian found that stable, scalable RWA strategies narrow to established leveraged-yield approaches. Bondify addresses the exit problem for these positions: - **JR** standardizes looping positions for transfer - **YT** tokenizes and trades future yield - **SLF** provides unified lending for opening and exiting loops The challenge: most DeFi primitives assume liquid assets with frequent trading. Low-liquidity yield assets break these assumptions, requiring new market design. Going forward, Cian builds yield strategies while Bondify creates markets and exit paths for looping positions.

CIAN has issued an urgent reminder to users holding positions in MaticX/MATIC strategies following Stader's decision to discontinue Polygon-side support for MaticX after August 3, 2026. **Key Actions Required:** - Complete Approve transaction on [CIAN dApp](https://dapp.cian.app) - Set EIP-2612 authorization with minimum 30-day validity period via [authorization page](https://dapp.cian.app/setting?tab=eip-2612%20authorization) - Maintain sufficient gas balance in wallet **Important Guidelines:** - Do NOT withdraw manually - CIAN will process all withdrawals through coordinated official channel - Coordinated withdrawals expected to complete before August 31, 2026 - Manual withdrawals may incur high swap fees and affect other users **Affected Strategies:** - [6X MATICX/MATIC Recursive Staking](https://dapp.cian.app/strategy/maticleveraged/create) - [3X MATICX/MATIC Recursive Staking](https://dapp.cian.app/strategy/matic/create) Users who fail to complete authorization may bear any resulting losses or additional costs.

Bondify has launched a new market for USD3 Yield Tokens (YT), enabling traders to separate and trade yield exposure from leveraged positions. **Key Features:** - YT buyers can directly price and trade USD3 yield - Position holders can convert future yield into immediate liquidity - USD3 is a credit-backed yieldcoin powered by credit lines and warehouse facilities The launch adds a new layer of market activity to the USD3 ecosystem, increasing liquidity and yield trading opportunities.

**Bondify** is launching to address a key limitation in tokenized real-world assets (RWAs): their inability to move beyond static onchain positions. **The Problem:** - RWAs backed by stable cash flows struggle to integrate into DeFi yield markets - Unlike crypto-native assets, they lack speculative incentives (governance tokens, points) - This limits liquidity and yield trading opportunities **Bondify's Solution:** - Enables RWAs to participate in liquidity pools, looping strategies, and yield markets - Uses risk-tranching to separate principal from yield potential - Allows leveraged investors to absorb risk while transferring excess yield at a discount - Creates a market for yield derivatives on traditionally stable assets **Key Benefits:** - Amplifies stable RWA returns through recursive staking strategies - Addresses DeFi liquidity constraints and exit inefficiencies - Bridges traditional structured finance with decentralized markets - Enables both conservative investors seeking predictable spreads and speculators pursuing leveraged returns Bondify represents the next evolution in RWAfi, moving beyond simple tokenization to active participation in DeFi's yield infrastructure.

**CIAN has restored normal operations** for all ETH-related strategies after a temporary pause triggered by the Kelp DAO rsETH bridge incident. **What happened:** - On April 19, CIAN paused deposits and withdrawals for ETH strategies due to volatility in Aave's ETH borrowing conditions - The pause was a precautionary risk control measure, not a security breach of CIAN's systems - After 11 days of monitoring and assessment, services resumed on April 30 **Key points:** - All ETH strategy deposits and withdrawals now functioning normally - CIAN will continue monitoring underlying protocols and market liquidity - Risk controls remain dynamic to protect user assets The incident demonstrates how external protocol events can create ripple effects across DeFi platforms, prompting defensive measures even when the platform itself remains secure.