Sui DEX Momentum has unveiled its second HODL Yield Campaign, providing an exciting opportunity for liquidity providers on the Sui blockchain. This campaign, which runs from October 25 to November 15, aims to incentivize both new and existing participants in the decentralized finance ecosystem, and the publication demonstrates positive momentum in the developments.
HODL Yield Campaign Overview
The HODL Yield Campaign offers lucrative annual percentage rates (APRs) for liquidity providers, with existing participants able to earn up to an additional 200% APR on stablecoin pools. New participants are also welcomed with a generous additional 110% APR, making it an attractive entry point for those looking to engage with the Sui blockchain.
Reward Distribution
All rewards from the campaign will be distributed in USDC within 14 days after its conclusion, ensuring that participants can quickly realize their earnings. This initiative not only aims to boost individual returns but also to foster the overall growth of decentralized finance, encouraging a vibrant community of crypto enthusiasts to contribute to the ecosystem.
In a significant development for the cryptocurrency market, Binance has introduced 42 new perpetual futures trading options for the 42 USDT trading pair. This launch, scheduled for October 27, complements the recent HODL Yield Campaign by Sui DEX Momentum, which aims to enhance liquidity on the Sui blockchain. For more details, see Binance's new options.
