Brief overview of the CIAN project: automated solution of network problems

DeFi decentralized finance aims to become an alternative to the banking sector. DeFi is an independent financial ecosystem open to all users. In it, participants interact without intermediaries — banks or credit organizations. The result — transactions are faster and cheaper.

The DeFi ecosystem is growing rapidly, with more people gaining access to decentralized lending and new investment platforms, allowing them to earn passive income from crypto assets.

But despite this, many holders of ETH or BTC do not use them in Defi. This is explained by the complexity of use, the high cost of time and risk.

In 2020, Luffy and his team decided to create a CIAN system that can automatically solve complex operational problems in a short time, and thereby optimize the return on capital.

The process was launched, the system showed its effectiveness, large investors became interested in it.

To harness the potential of on-chain linking and interaction, CIAN has provided automation tools for end users and developers.

A crypto world without linkage is unimaginable, as no corresponding smart contract can function on its own. Thus, composability is the main principle of teamwork in the blockchain. When a blockchain is said to be composable, which means that the various smart contracts running on it can be executed in combination with each other.But this process requires huge efforts and time from users for calculations, monitoring data, making adjustments to positions, and managing risks. All these actions increase many times with long-term and cyclical tasks.

CIAN proposes to automate common and repetitive tasks by eliminating complex manual execution.

What does the user get?

- 80% of his manual work is done automatically.

- The complexity of manual operations is reduced by 80%.

- the efficiency of capital investments increases up to 50%.

That is, CIAN reduces the complexity of the work for users by using the automatic execution of certain types of work scenarios. We list just a few:

Borrow to farm;

Auto Borrow;

Auto Repay;

Flash Repay;

Automated Strategies, etc.

Through massive integration and advanced automation, CIAN defines a set of automation primitives that turn the complex manual execution of typical network tasks into a simple three-step task definition process.

CIAN’s automation primitives allow end users to maximize their capital efficiency.

Website https://cian.app/

Medium https://cian-app.medium.com/

Twitter https://twitter.com/CIAN_protocol

Telegram https://t.me/CIAN_Protocol

Youtube https://www.youtube.com/channel/UCNXPpWUHKL0SJG9npO_QCug