Cicada Finance has successfully launched its new QuantFi yield-bearing asset, rtUSQ, with the initial $1 million allocation selling out in just 10 minutes. The asset, which offers an annualized yield of approximately 10.9%, follows a Delta-neutral investment strategy and leverages ecosystem incentives to target yields between 10-14% annually.
The funds for rtUSQ are managed by regulated and licensed custodians, including Ceffu and Copper, and are secured through a multi-signature mechanism to ensure safety and risk isolation. Cicada Finance plans to introduce higher-capacity rounds, such as Epoch 1 and Epoch 2, to continue its innovation in on-chain asset management.
Cicada Finance's rtUSQ Asset Sells Out $1M Allocation in 10 Minutes
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