🔸 Sui has a lot of ecological furnishings, first the domain name $NS, then the order book $DEEP, and then the nearest walrus $WAL.
🔸This wealth-making effect has also attracted many people to interact with each other. But many old agreements have either issued coins or are not suitable for entering the market now.
🔻So today let’s talk about what potential Dapps in the Sui ecosystem can interact with?
1/Steamm
@steammfi is an AMM protocol developed by Suilend, with a current TVL of $7.46 million.
Steamm will deposit idle liquidity into suitend for additional benefits.
The protocol has launched the points mechanism, which currently provides liquidity for the pools of WAL-USDC and SUI-USDC, and can accumulate Points: https://t.co/zSGVxzRiLk
2/Kai Finance
@kai_finance_sui s You have a leveraged income mining agreement, the current TVL is $24.65 million.
Kai Finance provides two liquidity mining solutions: https://t.co/Nqp7uuypNQ
Novice can choose to use single-coin vault pledge, without the need for active management and no impermanent risk of loss.
Degen, who is eager for profit, can use the LP vault to pledge it. The LP vault will borrow liquidity from the single coin vault and mine with 11 times the leverage.
3/Magma
@Magma_Finance is a Ve(3,3) Dex with a current TVL of $6.83 million.
Magma was launched in February this year, but has not yet launched tokens, so Vote, Lock, Incentive and other functions are not yet open.
What can be done right now is to provide liquidity in its CLMM and use its front end to Swap: https://t.co/wdbDMMEZDr
4/MetaStable
@MetaStables is a CDP protocol incubated by @AftermathFi with a TVL of $3.58 million.
Users can mortgage derivative assets such as SUI/USDC/BTC/ETH and mint M assets, such as mSUI/mUSD/mBTC and mETH.
Users can use m assets for the Defi protocol, thereby earning mPoints for future token exchange: https://t.co/3VecmPTzID
5/Momentum
@MMTFinance aims to become the liquidity center of Sui Eco, completing a $10 million financing, and the current TVL is $15.43 million.
Momentum is a Ve(3,3)DEX, they entered the liquidity-guided phase on 03/31 with a goal of $50 million TVL. A 12-week WAGMI trading competition will be held later.
Momentum will reward early adopters veMMT based on user transaction volume and liquidity provided: https://t.co/jPYQ75Imjd