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Momentum
Tier S

Momentum

Expected Gains
Medium to High
Time Required
Medium
Quest Nature
Financial
Funding Info
$10,000,000
Category:
DeFi
WebsiteTwitterDiscord
91
Airdrop Score
Airdrop Dashboard

Project Overview

Momentum Finance is a decentralized finance (DeFi) project built on the Sui network, focusing on providing a secure, multi-signature, non-custodial digital asset management solution. It aims to enhance security and control over digital assets, enabling use cases like treasury management and smart contract deployment. The project uses a ve(3,3) model to align incentives, rewarding long-term value creation through voting power and revenue sharing.

Guide

  1. Go to https://app.mmt.finance/leaderboard?refer=7LXBS3
  2. Connect Sui Wallet
  3. Swap on DEX to generate trading volume
  4. Provide liquidity to earn rewards
  5. Complete Galxe tasks at https://app.galxe.com/quest/Momentum/GCYebtpDVB
  6. Check leaderboard ranking

Maximize Potential

High swap volume and TVL are the key to ranking up the leaderboard. But only risk what you can afford to lose before engaging in these activities.

Latest X Summary

Momentum Project Summary

Momentum is making waves in the DeFi space with its recent updates and exciting opportunities for airdrop hunters. Here's a concise summary of the latest developments:

Key Highlights

  • 3x Momentum Bricks Incentives: Momentum is offering 3x Bricks incentives across all liquidity pools. This is a fantastic opportunity for liquidity providers to maximize their rewards.

  • New Liquidity Pools: Momentum has introduced new liquidity pools supporting Scallop_io with impressive APRs:

    • SCA - SUI: ~602% APR
    • SCA - USDC: ~279% APR

  • Featured Liquidity Pools: Discover the deepest liquidity and highest APR pools on Sui with active rewards including Swap Fees, SUI, and 3x Momentum Bricks:

    • SUI - USDC: ~235% APR
    • suiUSDT - USDC: ~21% APR
    • LBTC - wBTC: ~19% APR

Recent Achievements

  • $3 Billion in Total Swap Volume: Momentum has reached a significant milestone with $3 billion in total swap volume, showcasing its growing influence in the DeFi space.

  • Explosive Growth: Since March 31, Momentum's Total Value Locked (TVL) has surged by 6,250%, reaching $62 million. The platform has also seen nearly 400,000 wallets participating in swaps or providing liquidity.

Active Rewards

  • Liquidity Providers: By providing liquidity, users can earn swap fees, SUI, and 3x Momentum Bricks, making it a lucrative opportunity for those involved in the ecosystem.

Important Links

Momentum is clearly positioning itself as a leader in the DeFi space with its innovative rewards system and rapid growth. Airdrop hunters should keep an eye on this project for potential future opportunities.