Sui will inject 25 million SUI into 3 liquidity staking protocols to increase liquidity in the DeFi field

12/15 00:52

Wechat scan to share

Sui will inject 25 million SUI into three liquidity staking protocols and their respective liquidity staking tokens (LST) to increase liquidity in the DeFi space.It is reported that the LST tokens accepting the token delegation are the winners of the Sui Liquid Stake hackathon held from August 16 to October 2, 2023, namely afSUI from Aftermath Finance, haSUI from Haedal Protocol, and vSUI from Volo.

Comments

All Comments

Recommended for you

Martin Young · 05/01 05:48

North Carolina House passes state crypto investment bill

North Carolina’s House passed a bill to allow the state treasurer to invest government funds in approved cryptocurrencies with a 71 to 44 vote.
Ciaran Lyons · 05/01 05:45

Galaxy Digital plans Nasdaq listing as crypto stocks post strong rebound

Galaxy Digital’s Mike Novogratz says the Nasdaq listing will provide an easier gateway for exposure to the crypto and AI ecosystem.
Martin Young · 05/01 05:38

US crypto groups urge SEC for clarity on staking

A group of nearly 30 crypto advocate groups has asked the SEC to provide legal clarity on crypto staking, arguing that it's not an investment activity.
BitradeX · 04/30 08:14

BitradeX Innovative Teasury Pooling Mechanism: Reconstructing the Risk Protection System for Digital Assets

INTRODUCTION: A Paradigm Shift from Risk Management to Revenue Protection
cointelegraph · 04/30 06:34

Bunq, Europe’s second-largest neobank, expands into crypto

An estimated 65% of European citizens are seeking a single application to manage their banking, savings and cryptocurrency investment, according to Bunq’s research.
Coindesk · 04/30 06:30

Telegram’s TON Takes On Real World Assets With Libre’s $500M Tokenized Bond Fund

Libre’s Telegram Bond Fund ($TBF) will offer accredited investors institutional-grade yield products that will also be available as collateral for on-chain borrowing and product development on TON.
BRAYDEN LINDREA · 04/30 06:29

Ledger scammers are sending letters to steal seed phrases

Scammers have mailed letters to Ledger users posing as the company, asking for secret recovery phrases to crypto wallets in an attempt to take control of the device.
BitradeX · 04/30 02:47

Revolutionary Breakthrough: How BitradeX ARK Trading Model Redefines Crypto Trading with a Trillion-Parameter AI Model

In the intense volatility of the crypto market, traditional trading strategies often fall short. Even the most experienced traders struggle to navigate this 24/7 operating, multifactorial-influenced complex market.
Helene Braun · 04/29 07:56

Russian ruble stablecoin: Exec lists 7 ‘Tether replica’ features

As the Russian government reportedly eyes ruble-backed stablecoins, a local industry executive warned that a viable “Tether replica” would require a lot of effort.
Ruholamin Haqshanas · 04/29 07:47

1inch launches on Solana with crosschain swaps in the pipeline

Solana outperformed rivals with 33% higher DEX volume, 400% more transactions, and 180% more active addresses over the past three months.