Momentum has launched its much-anticipated HODL Yield campaign, aimed at incentivizing liquidity providers on the Sui network. This initiative, in partnership with Biddle Pad, kicked off on September 26, 2023, and will continue until October 19, 2023, as enthusiastically stated in the publication.
HODL Yield Campaign Overview
Participants in the HODL Yield campaign can earn an impressive annual percentage yield (APY) of up to 155% by supplying liquidity with popular digital assets, including:
- SUI
- Bitcoin (BTC)
- Various stablecoins
This initiative is designed to enhance the liquidity and decentralization of the Sui ecosystem, ultimately leading to more efficient trading experiences and reduced slippage for users.
Double Rewards Opportunity
Moreover, the campaign offers the potential for double rewards in selected liquidity pools, making it an attractive opportunity for crypto enthusiasts looking to maximize their earnings. By participating, users not only stand to benefit financially but also contribute to the overall growth and stability of the Sui network.
As the excitement around SwissBorg's BORG token continues to build, with its remarkable price surge capturing significant attention, it's essential to consider the broader technological advancements influencing the market. Currently, developments in AI infrastructure, such as the potential $20 billion deal between Oracle and Meta, highlight the increasing relevance of AI across various sectors, including cryptocurrency. This evolving landscape is further illustrated by Aethir's decentralized GPU cloud project, which is anticipated to significantly impact Southeast Asia's AI sector, as detailed in a recent report here.
