How does the CICADA Protocol work specifically?

The CICADA Protocol enhances yield management by offering a sophisticated mechanism for seamless transitions between Liquidity Tokens (LT) and Yield Tokens (RT). Its core operational processes include:

（1）Asset Conversion: Users can convert LT to RT to access automated compound interest returns or revert to LT to fulfill liquidity and trading requirements.

（2）Revenue Distribution: The protocol aggregates income from underlying real-world assets and interest-bearing sources, distributing profits to RT holders.

（3）Smart Contract Automation: All operations are executed transparently via smart contracts, eliminating the need for manual intervention.

Key Advantages:

（1）Flexibility: Users can dynamically switch between liquid and yield-generating assets in response to market conditions, with uncollateralized interest-bearing options providing enhanced flexibility.

（2）Transparency: Smart contracts govern all transactions and profit distributions, ensuring full visibility and accountability.

（3）Sustainability: Aggregated earnings from real-world assets (RWA), transaction fees, and protocol revenue create a stable income stream, mitigating risks from market volatility.

（4）Composability: As a yield-bearing token, RT generates income without lock-up periods and can serve as a foundational asset for other projects, enriching the DeFi ecosystem with diverse opportunities and robust underlying assets.