Airdrop Alert 🪂 : 5 opportunities in SUI Ecosystem
Just pay few dollars for potential 4 digit airdrops......
$SUI has been sizzling hot lately - TVL up 10x since October and price up 70% in the last week alone!
We all know the golden rule - we go where the money flow 💸
Welcome to CryptoCult’s weekly airdrop newsletter, today we have shared 5 SUI gem protocols where you can passively farm airdrops with barely any gas fee♨️
But before we get into the details, it's always important to set that wallet up properly 🧑🚀
Downloading the SUI Wallet is easy peasy - just hit up the Chrome store using this link → SUI Wallet
1. VOLO
Official Twitter → https://twitter.com/volo_sui
Volo is a liquid staking defi platform for SUI where you can stake sui and get $vSUI back as a liquid token.
Tasks:
Go to → https://stake.volo.fi/
Stake some $SUI
Get $vSUI in return
We can also use this $vSUI to farm some of the next dApps instead of $SUI.
2. NAVI
Official Twitter → https://twitter.com/navi_protocol
Navi is the largest borrowing and lending protocol on SUI
$NAVI token confirmed for Q2 2024 🔥
Point system live since December
Tasks:
Go to → https://app.naviprotocol.io/market
Select any coin and Supply $SUI , $vSUI you got from Volo or any other coin.
Stable coins like $USDC and $USDT are giving 17% to 19% interest which is quite juicy.
Borrow coins but be aware of LTV if you are borrowing too much compared to your collateral
Note:
Check Health factor and repay loan if it gets worse
Skip borrowing if you are new to defi lending/supply is risk free except general smart contract risks.
3. SCALLOP
Official Twitter → https://twitter.com/Scallop_io
Another leading money market on SUI
$SAC token is Confirmed and Airdrop is also confirmed
For more info → https://airdrop.scallop.io/
Tasks:
Go to → https://app.scallop.io/
Similar to navi supply and borrow to earn Phase 2 points (not yet started)
Points will get converted to tokens in future.
4. Kriya DEX
As the name implies it’s a DEX and $KRIYA token is also confirmed
Tasks:
Make swaps & add liquidity
Check out their rewards program → https://www.app.kriya.finance/rewards
5. Turbos [BONUS]
They already have a token but may give airdrops to liquidity providers.
Tasks :
Go to → https://app.turbos.finance/#/pools
Provide liquidity
Previous Airdrops
Keep Hunting!
CryptoCult Signing off :)