rtUSQ Yield Resumes: Retrospective Distribution Tonight

Following the recent security incident, rtUSQ rebase yield was paused while we completed the protocol recovery and asset migration. With core functionality now restored, we will distribute the yield accrued during the paused period tonight, 20 September 2026.

What is happening:
Eligible holders receive a one-time retrospective distribution covering the full pause, from 14 August 2026 to 20 September 2026. Each eligible balance from the 14 August 2026 pre-incident snapshot is multiplied by 1.00995, reflecting the yield that accrued across those weeks.

For example, a snapshot balance of 1,000 rtUSQ becomes 1,009.95 rtUSQ after the distribution.

No action is required. The distribution is applied on-chain to eligible holders directly.

This closes the gap created by the pause, so holders receive the yield they would have earned while rtUSQ was suspended. Daily rebase has already resumed and continues as normal.

We thank our community for their patience through the recovery.

Not financial advice. Always DYOR.

CICADA Finance: Protocol Recovery and Asset Migration Complete

The main recovery work following the recent rtUSQ security incident is complete. Asset migration, contract redeployment, and liquidity restoration have all been carried out, and core protocol functionality is back online.

⚠️Key updates

User asset migration complete
Working from an on-chain snapshot taken before the incident, we have airdropped replacement tokens to all eligible holders, separating the tokens that were illegitimately created during the exploit from genuine user balances. If you believe you were eligible but have not received your airdrop, please reach out through our official channels so we can verify your address.

On-chain state and liquidity restored

Assets have been redeployed, and the main liquidity pools and on-chain state have been rebuilt to match their condition at block 115730532, immediately before the incident, as closely as possible. Total supply, liquidity depth, and protocol state now mirror where they stood beforehand.

Rebase and protocol functions restored

The token supply has been reconstructed, the rtUSQ rebase mechanism is running normally again, and core contract functions have resumed.

New contracts deployed
CIC, rtCIC, rtUSQ, and wrtUSQ now run on new contracts. The official addresses are:

CIC: 0x25C8369478490BC7Cf235b9Eb2e63c6327B9D14e
rtCIC: 0xaFe78748b4C0500C9B7fc1D1f1D4fD71028d80B7
rtUSQ: 0x3133aF1dC401E90fC794bC60A10ada411AB5d694
wrtUSQ: 0xb8a813cBA11F3D17b4BCeb13671338282c2e99B6

Core assets fully unaffected
The incident affected only a small amount of on-chain liquidity. 100% of CICADA's core assets, held with our exchange and custody partners, remained untouched and fully operational throughout.

After the incident, we paused the affected protocol functions and ran a full review of how the exploit occurred, the tokens it created, the assets it touched, and the contracts involved. We then deployed the new contracts, migrated assets, rebuilt liquidity, and added further security measures.

If you believe your address qualified for migration but you have not received your replacement tokens, please contact us through our official channels. We will check your eligibility against the pre-incident snapshot and on-chain records.

Restoring the protocol is not the end of this work. We will continue to strengthen our security reviews, on-chain monitoring, and long-term risk controls. A full post-mortem and further detail on the security improvements will follow in a separate update.

Our thanks to our users, partners, and community for your patience and continued support.

CICADA Finance

CICADA Finance: Token Migration and Redemption Update

Following the rtUSQ security incident, we are moving to protect legitimate users through a new token migration and airdrop. Two important updates follow, covering the snapshot standard and the August redemption window.

📸 Snapshot and Airdrop

The migration snapshot has been fixed at block 115730532, exactly one block before the first abnormal minting transaction. This captures holder balances as they stood immediately before the incident, so any abnormally minted tokens are excluded. The new token will be airdropped to holders based on this snapshot.

🗓️ Redemption Window

The August redemption requests will be voided. Redemption will reopen only after the token migration and airdrop are complete. We currently expect this to fall in the September redemption window, though the exact timing is still to be confirmed and will be announced separately. If you need to redeem, you will be able to submit your request again during that window.

🗒️ Reminder

Stay safe. Rely only on CICADA Finance's official channels for information on the migration, airdrop, and redemption timing. We will never DM you first, and we will never ask you to connect your wallet to "verify", "unlock", or "claim" an airdrop. Any account or link promising early claims or refunds is a scam.

Official channels:
🌐 https://cicada.finance/
🐦 https://x.com/CicadaFinance

Defi | Cicada Protocol

Cicada (@CicadaFinance) on X

Tech Issuance and Onchain Asset Management Platform. Institution grade hybrid yield products leveraging the latest blockchain and AiFi technology.

X

CICADA Finance - Security Incident Notice

CICADA Finance has identified a smart contract vulnerability affecting the rtUSQ protocol. We are sharing what we know now and what we are doing about it.

1. No user funds were lost, and your deposits are safe
   The liquidity affected by this incident was protocol-owned, not user funds. Our core assets are held separately in managed, segregated exchange accounts that were never exposed to this vulnerability. Those accounts are operating normally and the assets within them are 100% unaffected.

2. What happened
   An attacker exploited a rare boundary condition in the rtUSQ contract, which resulted in an abnormal quantity of rtUSQ being minted. The attacker used this to acquire ltCIC from the wrtUSQ/ltCIC liquidity pool. Because ltCIC can only be exited through rtUSQ redemption, which operates on a monthly window rather than instant redemption, and because the instant-redemption liquidity available is deliberately limited, the value the attacker could actually extract was tightly capped. The realized loss is small and was absorbed by protocol-owned liquidity.

3. The attacker's position is contained
   The improperly minted rtUSQ and the ltCIC the attacker now holds cannot be freely converted into stablecoins. rtUSQ instant redemption is paused, and we are neutralising the improperly minted tokens. This position poses no further material risk to users.

4. We have paused the protocol
   All rtUSQ-related interactions are suspended. Until further notice, do not transact, convert, deposit, withdraw, or provide liquidity for rtUSQ, wrtUSQ, ltCIC, or related assets through the CICADA front-end, our smart contracts, or any DEX.

5. What comes next
   We are completing a full technical post-mortem and remediation plan, including the verified loss figure and the steps taken to neutralise the attacker's position. We will publish the detailed report once the review is complete.

6. Protect yourself
   Rely only on CICADA's official channels. Be alert to any direct message, link, or wallet signature request impersonating our team. CICADA Finance will never DM you first, and will never ask you to connect your wallet to "recover", "verify", or "unlock" funds. Any account or link promising refunds is a scam.

7. Notice to anyone attempting to exploit this vulnerability
   Assets obtained through this exploit are illegitimate. CICADA Finance will not honour, process, or settle any redemption, conversion, or withdrawal request tied to exploited or improperly minted assets. Anyone who acquires or attempts to extract value from these assets does so at their own risk and may incur losses. All related on-chain activity is being traced and shared with exchanges and relevant parties.

Keynote at Cambridge🎓

@gary_yangge speaks at the 3rd Cambridge China Business Forum 2026, organized by Cambridge Judge Business School.

This year's focus: global enterprises, AI, and investment.

The future of AI-powered asset management has a seat at this table.

Gary Yang (@gary_yangge) on X

Web3&2 Investor; Eureka Group Founder; https://t.co/2CU5dVh3mC Founder; Cicada Finance Incubation Investor; SkySaga Capital (星瀚资本) Founder; ENS: garyyang.eth
X

CICADA Finance will be at PolyU on June 13.

@gary_yangge joins Cyberport as Distinguished Guest Speaker at the Innovation Forum.

Government. Academia. Business.
All aligned on one topic: Agentic AI.

📍 Hong Kong Polytechnic University

Gary Yang (@gary_yangge) on X

Web3&2 Investor; Eureka Group Founder; https://t.co/2CU5dVh3mC Founder; Cicada Finance Incubation Investor; SkySaga Capital (星瀚资本) Founder; ENS: garyyang.eth
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The Future without Borders Forum was a resounding success.

Gratitude to Frontier Technology Research Institute @MEeventHK for making it possible.

ME Event (@MEeventHK) on X

ME Event是ME Group旗下的专业活动服务板块，专注于为Web3.0与AI领域的机构及用户提供品牌峰会、会务承办与公共关系等线上线下整合服务，致力于为客户打造高影响力的行业盛会与深度市场连接。
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rtUSQ NOW LIVE!

rtUSQ is now open for public subscription.

rtUSQ is now available to everyone. No cap. No epochs. Subscribe anytime (except during redemption/settlement periods).

What you’re subscribing to: a yield-bearing rebase token backed by a multi-strategy quant portfolio. 11–15% target APY. Daily T+1 rebase. Institutional custody via Ceffu and Copper. Audited by CertiK, Beosin, SlowMist, and ScaleBit.

Subscribe at https://cicada.finance

Supported: USD1 / USDT / USDC.

Docs⬇️

🔗 https://cicada-finance.gitbook.io/docs

Defi | Cicada Protocol

Epoch 0 of rtUSQ is now live on the BNBChain on a first come first serve basis!

Key Features
🪙 10-14% APY + Ecosystem Incentives.
🪙 Institutional-grade QuantFi Assets.
🪙 Flexible Redemption Opportunities.
🔗 https://cicada.finance/market

What is rtUSQ?
$rtUSQ is a QuantFi yield-bearing asset issued by CICADA Finance.

Source of Real Yield?
The returns are generated by conservative growth quantitative strategy portfolios and additional yields supplemented by ecosystem-level incentives.

Risk Profile?
$rtUSQ adheres to a rigorous delta-neutral investment framework, with underlying assets incorporating two primary quantitative strategies: multi-dimensional factor arbitrage and leveraged arbitrage models.

Fund Custody?
Custody of funds employ compliant third-party custody + multi-signature authorization controls. Funds are independently held by licensed custodians (Ceffu & Copper), with key operations requiring multi-signature approvals to isolate assets from operational risks.

Epoch 0?
The initial launch of rtUSQ will be limited to a participation cap of $1 Million USD on a first come first serve basis. Subsequent opportunities to participate in the near future (Epoch 1, etc).

Defi | Cicada Protocol

What does Public Market Entry mean for Cicada Finance

The filing of the form 6-k and signing of a Letter of Intent with Linkage Global Inc. signifies the intention of Cicada Finance to enter the public market. This is aligned with our goal of establishing blue-chip assets in RWA Finance and build a next-generation onchain asset management platform for the Open Financial Market.

Read more: https://x.com/CicadaFinance/status/1998009712932233374

We are excited to announce a strategic partnership with publicly listed Raffles Financial to jointly advance the innovation and implementation of on chain assets.

This partnership will combine the compliance advantages of traditional finance with the innovative capabilities of onchain asset management to jointly explore innovative financial models for the next generation of cryptocurrencies and stablecoins.

Raffles Financial has extensive experience in financial product development, compliance management, and asset operations. This partnership will leverage Cicada's cutting-edge expertise in onchain asset management, yield and liquidity engineering, and jointly develop a full-stack crypto asset financial framework encompassing asset structuring, contract issuance, onchain settlement systems, and onchain asset risk management. The collaboration will focus on promoting the application and development of stablecoins and asset tokenization within a compliant framework, establishing a full-stack solution covering asset issuance, yield management, and liquidity optimization.

This collaboration between Cicada Finance and Raffles Financial will not only bring a more transparent, secure, and real-return onchain financial experience to the financial market, but will also accelerate the integration of traditional finance with the Web3 world, promoting the widespread adoption and implementation of cryptocurrencies and stablecoins.

X - https://x.com/cicadafinance/status/1975175120563195915?s=46&t=o3trAGiuX2MjcrBEFu_ErQ

PR:
https://www.newsfilecorp.com/release/269197

https://web.metaera.hk/news/240784?t=1759752831

We are excited to announce a strategic partnership with publicly listed company Raffles Financial to jointly advance the innovation and implementation of on chain assets.

This partnership will combine the compliance advantages of traditional finance with the innovative

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Raffles Financial Group Ltd (RICH) and CICADA Finance Partner to La...

Singapore, Singapore--(Newsfile Corp. - October 5, 2025) - Raffles Financial Group Ltd (CSE: RICH) ("Raffles Financial"), a diversified financial services...

CICADA Finance 宣布与 Raffles Financial 达成战略合作，携...

ME 消息，10 月 6 日（UTC+8），CICADA Finance 宣布与上市公司 Raffles Financial 达成战略合作，双方将结合传统金融的合规优势与链上资产管理的创新能力，共同探索新一代加密数字资产与稳定币资产的创新金融模式。Raffles Financial 具备丰富的金融产品研发、合规管理与...

Hey ,

Starting this month, the weekly Threads & Memes contests will run only on the 1st and 3rd weeks of the month. Instead, we're replacing it with a yield competition with Sofa Earn. Here's why and how you should participate:

🧠 Why participate:

• You can use your rtCIC holdings at SOFA Earn to make trend predictions (options trade) on BTC/ETH. Why trade on Sofa with rtCIC?
• Your principal is always protected with the "No losses" mode. This means that even if you lose your trade in Sofa, your original balance/deposit won't get deducted. The trades are funded using your future yield accumulated during the trade's timeframe.
• If your trend prediction is correct (example: BTC bullish next week, BTC bearish tomorrow, etc), then you will earn lucrative yield (up to 10,000% APR)
• The best yield earner (submissions in the #├🛋️・sofa-earn-submission) win 50 USDT every 2nd and 4th week of the month!

❓ How to participate:

1. Make sure you have some rtCIC and if you don't, you can buy the token via: https://cicada.finance/market/swap?token=CICADA
2. Go to https://dapp.sofa.org/products?project=Earn&chain-id=56 and from there, you can explore the dAPP and predict trends within tokens such as BTC/ETH.
3. The UI is pretty straightforward and simple. This is best used by users who trade in the crypto markets.
4. Take a screenshot of your winnings (after some time or if you think that the APR is high enough) and post it in #├🛋️・sofa-earn-submission

5. ⚠️ Disclaimer: This announcement is for educational purposes only. Nothing here is financial advice. All forms of investment come with high risks such as losing everything. Do your own due diligence.

rtCIC Yield Competition!

Hello ! Did you participate in the Fair Launch and now you're holding some rtCIC? Or perhaps you bought ltCIC at TGE and now converted it to rtCIC?

Do more with your rtCIC by winning high yields through https://dapp.sofa.org/products?project=Earn while participating in a Competition and positioning yourself from Sofa's airdrop at the same time! That's three birds with one stone.

ℹ️ How does it work?

When you deposit rtCIC into Sofa.org, the yield from your rtCIC is used to buy options of a market (BTC/ETH/whatever you choose) and if your price prediction gets hit within the specified date of your choice, you win very lucrative yields as high as over 100,000% APY!

But if your price prediction doesn't get hit within the specified date of your choice, your principal / original amount of rtCIC invested is still safe/protected.

Put your yield to work now! https://dapp.sofa.org/products?project=Earn

Contest/campaign details: https://x.com/CicadaFinance/status/1953788292958199964

📢 The latest Lucky Draw Winners is Here!

As we approach the Season 1 Genesis Mining Event, where the true magic unfolds; we will be preparing a brand new campaign page. However, existing Gems will not be compatible as we shift to a new platform that is a better fit for our community. That being said, we will be hosting another lucky draw so that our community will have the opportunity to put their gems to use. Without further ado, here are the winners for the latest lucky draw:

🥇 200 USDT - @Lox
🥈 100 USDT - @Anton
🥉 20 USDT - @nguen966
💰 20 USDT - @MUSTY
💰 20 USDT - @⏤͟͞𝐀𝐕𝐄𝐄™
💰 20 USDT - @Ramdika
💰 20 USDT - @mrdrjohnsonv2

👉 Congratulations , kindly make a ticket in #┗🎫・support-ticket to claim your prizes! 💸

As for our dear community, you can prepare for the Season 1 Genesis Mining event commencing in the near future! We have heard rumours that discord roles will be of some use 😉

$ltCIC TGE is here.

This heralds as a major milestone for Cicada Finance as a Protocol Asset Management Platform.

HODL rtCIC for a handsfree yield experience or trade freely with ltCIC.

Convert between the two token formats 1:1⚖️

Welcome to the Future of DeFi.

Find out more⬇️
🛍️ Available at http://cicada.finance/market or http://uniswap.org (Search with ltCIC CA)
📑 $ltCIC CA: 0x058240afd2DF517fAD59baA3a39C6AE28cf37F32
💹 Trading Pair: ltCIC/USD1
❗️ Conversion from ltCIC->rtCIC will be activated through a governance vote by rtCIC holders.
❕ Conversion from rtCIC->ltCIC under deployment.

Official Wallet Addresses🏦
Ecosystem:
0x488bDa944eCf94259ba3F8EdA411105098D184Dd
Team:
0x7B8b5e3DD30167B5225D7E0C339B75dF610Ece63
Liquidity:
Coming Soon
rtCIC Allocation Escrow:
0x7EeC735A943711ACCdec86c46100Bf2E0A020119

Defi | Cicada Protocol

Uniswap Interface

Swap crypto on Ethereum, Base, Arbitrum, Polygon, Unichain and more. The DeFi platform trusted by millions.

🚨 Stay Safu During TGE

As our Token Generation Event (TGE) approaches, we’re thrilled by the community’s enthusiasm and anticipation by the market. To protect your assets and prevent losses from misinformation, here is are some best practices to follow⬇️

⚠️ Only Trust Official Contract Addresses
Unofficial sources are already spreading fake token contract addresses. Let’s be clear:
- No official contract address (CA) has been released yet.
- All CA details will be announced on TGE day via official channels: Website, X, Discord/TG Announcements
- Any non-official address is invalid, offers no utility, and won’t be supported. Interacting with them risks permanent loss of funds.

Thank you for your trust and support. Our TGE is almost here. Stay tuned to official channels as we approach this important milestone together.

Fair Launch Community Global AMA Recap🚨

🗺️ Whats next❓
🇻🇳 What can you expect❓
🇯🇵 How to be prepared❓

Join us for a global recap with the community team on our recent Fair Launch which ended with a 10x Oversubscription in the first 6 hours!

📅 1st July 2025
⏲️ 9pm UTC+8 July 01, 2025
🔗 https://x.com/i/spaces/1YqxooRObmaxv

Scheduled: Fair Launch AMA Global Recap

Cicada’s Space · Where live audio conversations happen

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Fair Launch Clarification🚨

🔎All investment contributions after the $1.8M soft cap will be eligible to receive an allocation.
🔎Excess subscription funds is an indication of an oversubscription status for the fundraise.
🔎In the event of excess subscription funds, all participants will receive an allocation on a pro-rata basis no matter at which point you have made the investment (before or after the $1.8M cap).
🔎E.g. Total Investment = $18M, Bob invests $1,000. Because their is a 10x oversubscription: Bob will receive a $100 allocation and $900 will be refunded to him.
🔎Once the $18M Hard Cap is reached, no more investment participation will be possible. @Cicadian