The Sui airdrop season is happening, how to lay out efficiently?

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Under the explosion of the Sui ecosystem, what wealth opportunities do on-chain players have? Foresight News specially presents the 'Gold Rush Manual Sui Special' to help readers harvest potential Token Airdrops. This is the first in the series, 'High Yield + Airdrop Points, entering the booming Sui ecosystem with Suilend'.

SuiTember

SUI Joint Creation calls September "SuiTember".

And Sui has indeed been making frequent moves recently: the big V with millions of fans on YouTube (Raoul Pal) advocates, Grayscale launches Sui trust, collaborates with Playtron to launch the gaming handheld SuiPlay0X1, joins forces with Circle to bring native USDC to Sui, and cooperates with MoviePass and car manufacturer DeLorean ...

Combining the PA of SUI Token, one can't help but wonder: Will there be any other major moves in the Sui ecosystem in September?

Sui ecological lending protocol Suilend even tweeted: 'Sui Airdrop season is happening, those who know, know.' Whether other projects will have Airdrops is still unknown, but Suilend has already revealed its hand. The Sui ecosystem that Suilend is entering may be a good starting point.

Introduction to Suilend

Suilend is a lending protocol built on Sui by the well-known lending protocol Solend (now renamed Save) team on Solana. The founder is Rooter. Solend has been running smoothly until now, and there has never been a security incident on the platform. It can be said that the team's previous technical experience and project performance are commendable.

Since September, Suilend has experienced rapid development, and the TVL (Total Value Locked) has now exceeded 130 million US dollars.

High-yield Gameplay

Suilend is supported by the Sui Foundation and is eligible for receiving SUI Token rewards. By depositing Stable Coin, the Annual Percentage Rate can reach 12% or more. However, all Airdrop points come from lending activities - lending also comes with SUI Token subsidies. Under the SUI subsidy, it is possible to borrow Stable Coin, ETH at an Interest Rate of less than 1% and deploy them to earn interest differentials in other protocols (Stable Coin cannot be deposited into Suilend again, Suilend will detect circular borrowing). The combined yield from underlying asset returns and interest differentials can exceed 15% on an annual basis, and Suilend points can be obtained.

Operation Path

· Path 1: Deposit stablecoins, borrow ETH, deposit ETH into Scallop and Navi to earn interest rate differential, return: 15+% APY + Suilend points.

· Path 2: Deposit stablecoin, borrow SOL, bridge SOL back to Solana for stake and earn interest rate differential, yield: 15+% APY + Suilend points.

Path 3: Deposit ETH/SOL, borrow USDT (the points obtained from borrowing USDT are much higher than USDC), deposit USDT into Scallop, Navi to earn spread/profit or form Stable Coin LP on Aftermath/Swap to BUCK and deposit into Bucket/Tyupus SAFU for yield: >10% APY + Suilend points.

Note: Stablecoins, ETH, and SOL on Sui all need to be crossed into the wormhole. Due to the large amount of SOL borrowed in the short term, the SOL Interest Rate soared, with the SOL Interest Rate mostly ranging from 0 to 7% annualized for deposits and less than 1% or even negative for borrowing. Due to the existence of lending Position, attention needs to be paid to liquidation risk.

Suilend Capsule

Suilend Capsule is a Non-fungible Token (NFT) rewarded to contributors of the Suilend protocol. It is divided into two categories: common (blue) and uncommon (purple as shown in the image).

In addition to being selected by participating in the promotional activities held by Suilend and sharing Suilend-related content on platforms such as X, you can also directly purchase Suilend Capsule on Tradeport (a non-fungible token trading market supporting Sui).

Suilend Capsule is highly likely to directly exchange Suilend's Token.

Rootlets Non-fungible Token

Rootlets is a series of non-fungible tokens launched by Rooter, the founder of Suilend. The current floor price is 112 SUI. Will holding Rootlets offer the opportunity to receive Suilend Token Airdrop?

Although Rootlets officials say 'there will be no Airdrop, there will be no Utility.', Rooter says 'Suilend's success is Rootlets' success.', and even Suilend says 'Rootlets' success is Suilend's success.'

While a Non-fungible Token project that 'does not have Airdrop' is conducting holderSnapshot regularly, please appreciate it.

Rootlets announces the latest holderSnapshot

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FightingEndlessly,Chanvip
· 2024-09-22 15:13
All in All in 🙌
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GateUser-6dec414avip
· 2024-09-20 11:57
All in All in 🙌
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GateUser-6dec414avip
· 2024-09-20 11:57
All in All in 🙌
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Crazyvip
· 2024-09-20 04:29
Ambush 100x coin 📈
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