$SUI has announced its own native USDC, which indicates that there is a lot of liquidity flowing in. We can take this opportunity to do some farming and earn a certain annualized return, most of which are above 15%. The profit is still considerable.
(Note: Currently, most staking rewards are apr rewards for the ecosystem’s own tokens, eg: $ALPHA $NAVI)
Ecological recommendation----------------------------------------------------------------------------
First: ALPHA-The above stablecoin apy has reached 21%, and the single coin is 16%
Alphafi's current TVL is 47M, which has increased by 30M in the past two months and is currently in a stable upward trend. (Due to the huge liquidity brought by the current capital inflow of Sui and the large number of people choosing ALPHA's revolving loan, we can actually regard it as a liquidity amplification product based on NAVI.)
Second: NAVI-It is currently the largest lending platform on Sui with a TVL of 387M, which is ten times that of AlphaFi.
But why am I not the first to recommend it? Because Alpha is a compound interest product of Navi. If there is no Alpha, then you need to find DeFi products to cycle and borrow to increase your income. Now there is a product that solves the problem of compound interest. The Apy reaches 16%, of which 6% is the first income, and then the cycle is automatically cycled to borrow and borrow to reach 16%. Although this is not the limit, it is the simplest. We just use it as a tool product. We only focus on its current role.
Third: CETUS-It is the largest dex on sui TVL: 193M
The reason I recommend it is that you can see that the APR of sui-wusdc has reached a return of 227%. At this time, some people may worry about the instability of sui, but what if we hedge sui? How much liquidity you are prepared to provide to hedge a certain amount of sui, reduce a certain amount of risk, although the profit has decreased, it still seems profitable at present! You can refer to univ3 for this operation
If you are not familiar with the chain, please operate with caution. Defi is very risky, don't FOMO!!!