Layer1 blockchain Sui has gained nearly triple the increase in value in the past two months, and its Total Value Locked (TVL) in the ecosystem continues to soar. Currently, Sui’s ecosystem includes several tokenless protocols, presenting an opportunity for early positioning as Sui continues to attract attention and growth.
In order to earn the first $10,000 or $100,000 through airdrops in the crypto field, the key is early positioning. Sui, as an innovative and decentralized Layer1 blockchain, enables fast and efficient transactions through parallel processing. Additionally, Sui simplifies smart contract development on its platform by using the Move programming language.
Market data shows that SUI broke through $1.4 on the afternoon of the 15th and reached a high of $1.4336, with a 24-hour increase of 10.51%. Besides the outstanding performance of the token, the TVL in Sui’s ecosystem has been increasing in recent months, indicating growing interest from users and developers. Currently, Sui’s ecosystem includes several tokenless protocols. With the likelihood of Sui continuing to attract attention and grow, now is an excellent opportunity for early positioning.
Cryptocurrency researcher Xremlin has identified seven potential protocols and interactive strategies. It is worth noting that these protocols involve providing liquidity. Therefore, it is recommended to invest at least 100 SUI in each protocol.
Haedal Protocol is a liquidity staking protocol built on Sui that allows users to stake their SUI for governance and decentralized contributions to the Sui blockchain. The issuance of tokens has been confirmed.
To stake SUI, follow these steps:
1. Open https://haedal.xyz/stake.
2. Connect your wallet.
3. Enter the amount of SUI.
4. Click “Stake SUI”.
5. Receive your haSUI tokens.
Volo is a liquidity staking solution built on Sui that maximizes the utility and liquidity of SUI tokens. The issuance of tokens has been confirmed.
To stake SUI, follow these steps:
1. Open https://stake.volo.fi.
2. Connect your wallet.
3. Enter the amount of SUI.
4. Click “Stake”.
5. Receive vSUI tokens.
Note: You can use the tokens obtained from liquidity staking protocols in the DeFi projects listed below, allowing you to interact with multiple protocols simultaneously and earn multiple airdrops.
Scallop is a lending protocol on Sui and the first DeFi protocol funded by the Sui Foundation. The “Scallop Airdrop Event” for the second phase is currently ongoing.
To participate, follow these steps:
1. Open https://app.scallop.io.
2. Connect your wallet.
3. Supply tokens.
4. Borrow tokens.
5. Complete the tasks at https://zealy.io/c/scallopio/questboard.
NAVI Protocol is a lending protocol based on Sui that allows liquidity providers or borrowers to participate in the Sui ecosystem. The protocol has a scoring system that generates NAVI tokens.
To earn points, follow these steps:
1. Open https://app.naviprotocol.io.
2. Connect your wallet.
3. Supply tokens.
4. Borrow tokens.
5. Complete the tasks at https://zealy.io/c/naviprotocol/questboard.
BlueFin is the fastest decentralized sustainable protocol in the Sui ecosystem. The project has successfully raised a total of $29.2 million in funding, with participation from institutions such as Polychain.
You can now pre-farm BLUE tokens by following these steps:
1. Open https://bluefin.io.
2. Click “Trade Now”.
3. Start trading on the platform.
4. Invite friends.
Additionally, you can apply for the “Bluefin Vanguard Program” by filling out the application form at https://bluefinfoundation.typeform.com/bluefinvanguard?typeform-source=t.co.
KriyaDEX is a DeFi platform that offers a wide range of services from lending to perpetual trading. You can earn KRIYA tokens in the “Chakra” event. The second phase is about to begin.
When the new event starts, follow these steps:
1. Open https://app.kriya.fin
ance/spot/swap/.
2. Trade tokens and generate trading volume.
3. Provide liquidity.
4. Complete the tasks at https://zealy.io/c/kriyadex-6508/questboard.
5. Visit the “Rewards” page to check performance.
Bucket Protocol is a CDP (Collateralized Debt Position) protocol based on Sui that improves capital efficiency and stabilizes the price of stablecoins. The project has received funding from the Sui Foundation. The issuance of tokens has been confirmed.
To qualify for possible rewards, follow these steps:
1. Visit the website https://app.bucketprotocol.io.
2. Click “Position”.
3. Borrow BUCK using your chosen collateral.
4. Click “Tank Pools”.
5. Deposit BUCK into the pool.
6. Click “Fountain”.
7. Stake LP tokens.
For more information, read:
Sui announces “Version 2” token release plan. Note: Content is not guaranteed and changes will not be notified.
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