Friends, the development of the SUI chain is gaining momentum! Therefore, various DEXs on the SUI chain are willing to offer real money to incentivize.
Today, Brother Bing found a BTC mine with an APR exceeding 18%. This mine belongs to the second DEX platform on the SUI chain, and has been mined for about 1 year. The current APR comes from platform TOKEN + SUI TOKEN + GAS FEE
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Platform: @Momentum has been audited, and the current platform TVL is above 200M, with sufficient liquidity.
Mining Method: Through the WBTC/WBTC combination LP, the range is set at 5 TICKS, calculating the total range at +/-0.1% (if the range is set too narrow, APR can reach 20%!! But at this time, the probability of impermanent loss (IL) is relatively high. I recommend a conservative fluctuation range set at +/-0.1%)
APR source: The range is set under 5 TICKS, locking APR at 18%. The reward tokens mainly consist of the platform's token TOKEN + SUI tokens + gas fee.
Momentum has been established for more than 2 years, and there have been no security issues. At the same time, after the CETUS incident, many DEXs on the SUI chain have re-audited their code, so I believe Momentum is still of very high quality.
Mine coordinates: SUI chain
Stablecoin composition: WBTC is pegged 1:1 to BTC, and the platform has been audited by a third-party organization, with an overall liquidity pool being very thick, making the probability of decoupling extremely low.
Summary: The APR of this mine is quite good, and its income comes from the platform's Token and the gas fee of the Sui chain. Momentum has been competing for the first TVL platform on Sui, which is why it employs large-scale incentive measures using its own TOKEN, and is also one of the means to attract users to the SUI chain.
This mine will not last long, cherish it while you can (this article is for knowledge sharing and not investment advice).
Follow, like, and collect! Bing Ge will update more amazing mines!!!
