Yesterday, many friends received the airdrop from WalrusProtocol, one of the few major opportunities this year, valued at $2500. As the first decentralized storage protocol in the SUI ecosystem, we have high hopes for it as a dark horse in the newly emerging Web3 storage track. $WAL is receiving significant market attention, and compared to others in the same space like $FIL (market cap of $3.1 billion) and $AR (market cap of $500 million), there is considerable room for growth. As a long-term holder, I have staked it in an LP on the Bluefin trading platform (one of the largest DEXs on SUI), earning passive income with an annual yield of over 2000% (as shown in the image below).
Currently, the Bluefin exchange has launched three major trading incentive measures:
1️⃣ Spot LP incentives: High rewards provided (266k $WAL + 10k $SUI + additional $BLUE rewards), with an APR far exceeding similar platforms, reaching a maximum of 2465%.
2️⃣ Contract trading rewards: Supports perpetual contract trading for $WAL (up to 5x leverage), with additional $WAL and $SUI rewards for trading.
3️⃣ Leaderboard trading competition: A prize pool of $25,000 is available, and the event continues until April 10.
Participation link: trade.bluefin.io/liquidity-pools
Currently, Bluefin is the only DEX platform that supports $WAL contract trading and provides exclusive incentives on the LP side. For Web3 infrastructure investors, Walrus, as the cornerstone of SUI storage, has promising growth opportunities in the long run. For users looking to take advantage of opportunities or plan for the long term, it's worth paying attention to $WAL's liquidity mining and contract trading opportunities, which should not be missed!