⭐️ Want to experience DeFi in the Sui ecosystem? Magma Finance is one option. There aren't many products that can provide LP in the Sui ecosystem. One is the well-known ㅁㅁㅌ, and Bybit (ranked 2nd) holds a position called Magma. ❓Are there any pools that can profit from Magma? 🟠There are three pools that stand out in the V3 pairs. 🟠The suiUSDT - USDC / SUI - USDC / MAGMA - SUI pools are the ones. 🟠The pools with the highest reward ratios are the Stable Pool (#1) and the Sui - Stable Pool (#2). 🟠The last Magma pool has no rewards, and due to its inherently high risk (because no one is investing), it has a high APR... 🟠Personally, considering the risk-to-return ratio, I think the most attractive option in Magma is the "Stable Pool." —— 😤 The APR of the Stable Pool is 22.64%...? 🟠On Magma Finance, the SuiUSDT - USDC pool currently has an APR of a whopping 22.64%. 🟠No matter how narrow the V3 is, stable pools typically don't offer interest rates exceeding 2-3%... 🟠For some reason, Magma has allocated a large "reward" (20.52%) to this stable pool, resulting in a significantly high APR. 🟠 Perhaps the reason they're concentrating their rewards on stable pools is because retail is the easiest pool to build volume and TVL. —— 🤣 Comparison with the Stable Pool Next Door 🟠 Compared to the APR of ㅁㅁㅌ's suiUSDT-USDC pool (0.001% Tier, High-Frequency, Low-Fees Tier), Magma's is over 15% higher. 🟠 Another thing to note is that ㅁㅁㅌ's stable pool has a higher base APR and a lower "reward ratio." 🟠 Simply put, Magma's APR volatility is lower. (Since most of the rewards come from rewards, if Magma can maintain its balance, it should be fine.) 🟠 While the risk is higher than ㅁㅁㅌ's, choosing Magma Finance among stable pools could be a surprisingly strategic choice. —— Conclusion... Stable Pool LP Supply on SuiChain <<< Magma Finance could be an option, more than you might think. Honestly, it's hard to expect transaction fees on SuiChain these days, but if they offer this much reward... it's a different story. I'll try depositing some actual stablecoins and check the actual APR... If it's around 15-20%, it might be worth a shot. Of course, whether that's actually the case is crucial.