Here is a recap for those who missed out on our Community Space event featuring @SOFAorgDAO where we covered:
Macro insights on the latest catalyst of the crypto market movements.
Showcase of the advance composability of The Cicada Protocol with our latest integration with Sofa.org and how it improves the yield experience for our users.
Highlighting the benefits of yield being onchain.
Macro Insights
Geopolitical tensions, particularly Israel’s attack on Iran and Iran’s response, spiked oil prices and dampened risk sentiment, contributing to a crypto market sell-off with over $1.2 billion in futures liquidated. Crypto, behaving as a risky asset, saw altcoins drop sharply and Bitcoin settle around $105k, cushioned by steady ETF inflows ($1.4 billion net for BTC ETFs). Weakened risk appetite, driven by fears of escalation and potential Hormuz Strait closure, aligns crypto price movements with equity market declines. Despite lower-than-expected inflation prints boosting broader risk sentiment, the lack of flight-to-quality bids in US Treasuries and the US dollar suggests markets are more focused on US capital flow concerns than Middle East unrest. With rates volatility low and only two rate cuts priced in for 2025, macro markets are shifting focus to tariffs and economic data, though crypto prices are expected to grind higher with equity sentiment into the summer, barring further geopolitical shocks.
Partnership Integration
Our upcoming partnership integration with Sofa is case in point demonstration of the advanced composability that is possible with Cicada's LT and RT-TOKEN mechanism. Because our users are able to receive yield without the need to lock, stake and claim, they are able to participate in advance yield farming strategies such as Sofa Earn where you can deposit the rtTOKENs from Cicada finance, continue to earn the underlying yield and long/short the price movement of assets like BTC, ETH, RCH and CRV using your yield to potentially receive even more yield. At the same time you will be earning Sofa Points for the upcoming airdrop from SofaDAO.
This can be done with a peace of mind and no counterparty risk thanks to Sofa's onchain atomic settlement layer.
Sofa Earn, integration coming soon to the Cicada Ecosystem
Onchain Yield
Being onchain enhances the yield experience for Cicada Finance users by leveraging blockchain's transparency, efficiency, and automation. Cicada's Protocol Asset Management framework and dual-token system (LT-RT TOKEN) align incentives, delivering sustainable, real-asset-backed yields without speculative emission loops. Smart contracts automate yield strategies, reducing costs and intermediaries, while onchain transparency ensures auditable transactions and risk management. Users gain flexible access to diverse yield sources across DeFi, CeDeFi, and TradFi via the LT-RT Rebalance Mechanism, enabling seamless, hands-free earning with no lockups or gimmicks, fostering long-term value creation.
Thank you to everyone for tuning in and Augustine Fan (cofounder of Sofa) for joining us. What should you do next to take advantage of this alpha?
Familiarise yourself with Sofa.org so that you can supercharge your yield using our rtTOKENs at Sofa Earn when the integration goes live in the coming weeks.
Keep an eye on our website for our upcoming fair launch.
Go to our official Campaign page to learn and earn.
Join our official Discord, participate in our /quests to earn rewards and become part of our community.
