BitHappy
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26% APR and airdrop expectations for stablecoins, are you coming?
The last time Cetus was hacked, I was really scared. That night, when I was a guest at the on-chain arbitrage Space, I was a little incoherent. I was really panicked.
After all, I have invested too much money in the Move system!
But now I know that it is not a problem with the Move language, nor a problem with Sui itself, so there is no need to worry. Let's talk about mining!
➤ The following information comes from the official website of MMT:
1) The ranking event is currently underway;
2) All liquidity pools enjoy a triple Bricks bonus (which can be exchanged for tokens in the future);
3) Some liquidity pools have Sui subsidy incentives, such as suiUSDT-USDC, which shows an APR of 21%.
➤ Personal operation:
1) Conduct liquidity mining in the suiUSDT-USDC pool, and keep the APR above 25% during this period;
2) Borrow some SUI on OKX and set up the SUI-USDC pool. The APR has been 400%+ during this period. However, as the price of the currency fluctuates, I have adjusted the interval many times. The purpose of borrowing is mainly to reduce impermanent loss.
➤ Additional information:
0) According to RootData public information, MMT's investment background includes Sui, Coinbase, Circle, Varys, etc.;
1) MMT plans to adopt the ve(3,3) mechanism in the future, which is derived from the veToken token model, which will also be the core of MMT. Friends who are interested can take a look at my previous tweets: https://x.com/BitHappyX/status/1863849251291459688…;
2) If you have doubts about the last bug incident of Cetus, you can take a look at the tweets written by Suozige @BTC_Alert_: https://x.com/BTC_Alert_/status/1926641657648177516…;
3) MMT also has an invitation mechanism, and friends who don’t mind can follow my link.
➤ Notes:
0) The core protocol is Momentum/MMT;
1) The smooth experience on the chain is provided by the OKX wallet.
➤ Thoughts:
In fact, from another perspective, the incident of Cetus has given MMT an opportunity to some extent.
A chain cannot be without DEX, and if MMT wants to seize this position, it must work hard on the volume, and the most direct way is airdrop.
Direct link & invitation link: https://app.mmt.finance/leaderboard?refer=UZJ1O0
______________________
TVL: SUI-USDC $12.752M
TVL: suiUSDT-USDC $26.744M
DeFi enthusiast: BitHappy
The last time Cetus was hacked, I was really scared. That night, when I was a guest at the on-chain arbitrage Space, I was a little incoherent. I was really panicked.
After all, I have invested too much money in the Move system!
But now I know that it is not a problem with the Move language, nor a problem with Sui itself, so there is no need to worry. Let's talk about mining!
➤ The following information comes from the official website of MMT:
1) The ranking event is currently underway;
2) All liquidity pools enjoy a triple Bricks bonus (which can be exchanged for tokens in the future);
3) Some liquidity pools have Sui subsidy incentives, such as suiUSDT-USDC, which shows an APR of 21%.
➤ Personal operation:
1) Conduct liquidity mining in the suiUSDT-USDC pool, and keep the APR above 25% during this period;
2) Borrow some SUI on OKX and set up the SUI-USDC pool. The APR has been 400%+ during this period. However, as the price of the currency fluctuates, I have adjusted the interval many times. The purpose of borrowing is mainly to reduce impermanent loss.
➤ Additional information:
0) According to RootData public information, MMT's investment background includes Sui, Coinbase, Circle, Varys, etc.;
1) MMT plans to adopt the ve(3,3) mechanism in the future, which is derived from the veToken token model, which will also be the core of MMT. Friends who are interested can take a look at my previous tweets: https://x.com/BitHappyX/status/1863849251291459688…;
2) If you have doubts about the last bug incident of Cetus, you can take a look at the tweets written by Suozige @BTC_Alert_: https://x.com/BTC_Alert_/status/1926641657648177516…;
3) MMT also has an invitation mechanism, and friends who don’t mind can follow my link.
➤ Notes:
0) The core protocol is Momentum/MMT;
1) The smooth experience on the chain is provided by the OKX wallet.
➤ Thoughts:
In fact, from another perspective, the incident of Cetus has given MMT an opportunity to some extent.
A chain cannot be without DEX, and if MMT wants to seize this position, it must work hard on the volume, and the most direct way is airdrop.
Direct link & invitation link: https://app.mmt.finance/leaderboard?refer=UZJ1O0
______________________
TVL: SUI-USDC $12.752M
TVL: suiUSDT-USDC $26.744M
DeFi enthusiast: BitHappy
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
