CIAN’s long-term objective/commitment is to build up a universal decentralized automation infrastructure for fast-growing blockchain ecosystems. The motivation behind it is that we can hardly imagine mass participation in existing blockchain ecosystems without support from large-scale automation — low efficiency, high entry barrier, tedious and complex onchain operations, fragmentation, hard-to-realize composability, etc...
We believe that, by the time the general blockchain ecosystem becomes fairly strengthened with universal automation capacity, CIAN might become the backbone of next-gen blockchain systems.
In view of the amount of effort needed to realize this goal, CIAN follows a more practical growing path — select strong scenarios for automation as starting points to drive CIAN’s product backend development and volume growth.
- Automated Strategies for Staking Derivatives (Liquid Staking)
Staking derivatives is the focal point of CIAN’s scenario-driven growth strategy for at least the next 18 months. CIAN believes that staking derivatives are going to remold the entire DeFi stack in the next 1-2 years, and grow into the largest category of assets in DeFi while becoming the driving force of DeFi’s growth. A new large ecosystem around staking derivatives is expected to be set up from scratch, for which CIAN believes automation and improved composability are going to significantly boost its growth and maturity.
CIAN deems it as an unparalleled opportunity where we can grow alongside leading protocols in the space through automation-related deep partnerships.
To accelerate the adoption of automation in this domain, CIAN is making one step forward by building advanced automated yield strategies for staking derivatives to boost their application scenarios. All automated strategies are constructed using CIAN’s decentralized automation tools, which provide users with sufficient flexibility to tailor their own strategies through parameter tuning. In the upcoming 4 months, CIAN’s automated strategies are set to support all major staking derivatives, starting from popular ones on Avalanche, Polygon & Ethereum.
- Generic Automation Scenarios
Apart from Staking Derivatives, CIAN is also going to upgrade regularly the coverage of generic automation scenarios that are universally applicable, such as the existing ‘auto borrow’ function for users of lending protocols. Meanwhile, CIAN strives to get all its automation primitives composable to allow for user-defined automation scenarios by the end of the year.
Roadmap for CIAN Backend:
To achieve the goal of universal blockchain automation, CIAN exerts continuous effort on:
  1. 1.
    large scale protocol integration;
  2. 2.
    devising composable automation primitives that cover the majority of the blockchain operational scenarios aggregately.
To cope with CIAN’s scenario-driven growth strategy, we currently decide which protocols to integrate, and which automation primitives to develop mainly based on the needs of automation scenarios discussed above (see Fig 1). CIAN’s architecture will keep evolving to fit the grand plan as reflected in Fig 2. Here are some notable milestones:
  • CIAN’s architecture will start supporting composable automation primitives to enable user-defined automation scenarios by the end of 2022;
  • CIAN plans to release its SDK in 2022 to allow community developers to contribute to the protocol integration.
  • By the end of 2022, CIAN will allow developers to access/integrate all supported protocols and automation primitives through CIAN’s SDK.
  • CIAN intends to provide a framework adapter to ease other protocols’ integration before Q2 2023.