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Stable's mainnet has been live for a few days, but its transaction fees and TVL (Total Value Limit) are performing terribly. Comparing Stable's and Plasma's overall performance brings to mind Aptos and SUI, which share similar technical approaches and team backgrounds but yield vastly different results. Besides minor technical differences, the SUI team is clearly more adept at Crypto Native gameplay, reflected in a several-fold difference in DeFi TVL, giving ecosystem projects a much higher ceiling. @MMTFinance, which participated in the initial offering through Buildlpad and was listed in Binance's HODLer airdrop last month, is one of the top-performing projects in the SUI ecosystem. Compared to Cetus, Momentum seems to have even greater ambitions, employing a hybrid model of CLMM (Centralized Liquidity Model) + ve(3,3), combining the high efficiency of Uniswap V3 with the bribery game theory of Curve. In terms of its economic model, the core of $MMT lies in its veTokenomics design: 1) Only by locking up veMMT can one receive transaction fee dividends, governance rights, and bribes; 2) Simultaneously, MMT, through locking up veMMT, transforms LPs into shareholders, enhancing stickiness. In a bull market, when the Sui ecosystem explodes → project teams need to compete for liquidity → they have to buy $MMT bribe veMMT holders → MMT demand increases → coin price rises → yield increases, thus forming a positive flywheel, giving MMT the potential to become a "golden shovel." If you are optimistic about the Sui ecosystem, MMT is a good Beta asset. Trading $MMT Listed on Binance (long-term BNB holders can steadily earn): binance.com/zh-CN/join?ref=538...

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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