BlockBeats revealed on November 15th that Cetus, a project comprising the Sui Defi ecosystem, declared via social media that the Sui ecosystem is currently undergoing swift development, with Initial Dex Offering (IDO) activities for mature projects within the ecosystem likely on the horizon.
To foster the growth of high-quality eco-projects in the Sui ecosystem, Cetus will implement a series of strategic partnerships and promotional activities. This strategy is expected to significantly empower Cetus platform users. The upcoming initiatives are believed to be linked with addresses holding Cetus and xCetus tokens. By propelling eco-project acceleration activities, Cetus aims to strengthen its operational ecosystem and boost the overall value proposition of the Sui Defi network.