Sui airdrop season is happening, how to plan efficiently?

Original title: "Gold Rush Manual | How to efficiently plan Suilend airdrops? "

Original author: Alex Liu, Foresight News

With the Sui ecosystem exploding, what wealth opportunities do players on the chain have? Foresight News has specially launched the "Gold Rush Manual Sui Special" to help readers harvest potential token airdrops. This is the first article in the series, "High returns + airdrop points, Suilend joins the Sui ecosystem that is exploding ~".

SuiTember

Sui Lianchuang calls September "SuiTember".

And Sui has indeed been very active recently: a big V (Raoul Pal) with millions of fans on YouTube has called for orders, Grayscale launched Sui Trust, jointly launched the game console SuiPlay0X1 with Playtron, teamed up with Circle to bring native USDC to Sui, and cooperated with MoviePass and car manufacturer DeLorean...

Combined with the price trend of SUI tokens, one can't help but wonder: Will the Sui ecosystem have other big moves in September?

Suilend, a lending protocol in the Sui ecosystem, even tweeted: "Sui airdrop season is happening, and those who understand will understand."Whether other projects will airdrop is still unknown, but Suilend has basically made it clear. Suilend's entry into the booming Sui ecosystem may be a good entry point.

Suilend Introduction

Suilend is a lending protocol created on Sui by the team of Solend (now renamed Save), a well-known lending protocol on Solana. The founder is Rooter. Solend has been running smoothly so far, and the platform has never had a security incident. It can be said that the team's past technical resume and project performance are plus points.

Since September, Suilend has developed rapidly, and TVL (total locked value) has now exceeded 130 million US dollars.

High-yield gameplay

Suilend is supported by Sui Foundation and is eligible for SUI token incentives. Deposit stablecoins and get an annualized rate of return of more than 12%. But all the airdrop points come from lending behavior - lending is also subsidized by SUI tokens. Under the SUI subsidy, stablecoins and ETH can be borrowed at an interest rate below 1% and deployed to other protocols to earn interest spreads (stablecoins can no longer be deposited in Suilend, Suilend will detect revolving loans), the underlying asset income and the interest spread are added together, the comprehensive annualized income can reach more than 15%, and Suilend points can be obtained.

Operation path

· Path 1: Deposit stablecoins, borrow ETH, and deposit ETH in Scallop or Navi to earn interest rate spreads. Yield: 15+% annualized + Suilend points.

· Path 2: Deposit stablecoins, borrow SOL, and bridge SOL back to Solana for staking and interest earning. Yield: 15+% annualized + Suilend points.

· Path 3: Deposit ETH/SOL, borrow USDT (borrowing USDT earns much more points than USDC), deposit USDT into Scallop, Navi to earn interest rate difference / form stablecoin LP on Aftermath / Swap into BUCK and deposit into Bucket / deposit into Typus SAFU, income: > 10% annualized + Suilend points.

Tip: Stablecoins, ETH, and SOL on Sui all need to enter through the wormhole. In the picture, the SOL interest rate soared due to a large amount of SOL borrowed in a short period of time. The SOL interest rate is mostly 0-7% annualized for deposits, and less than 1% or even negative interest rates for borrowing. Because of the existence of loan positions, you need to pay attention to liquidation risks.

Suilend Capsule

Suilend Capsule is the NFT awarded by Suilend to protocol contributors, which is divided into two categories: blue common and purple (as shown in the picture) uncommon.

In addition to being selected by participating in Suilend promotional activities and sharing Suilend-related content on platforms such as X, you can also directly purchase Suilend Capsule on Tradeport (the NFT trading market that supports Sui).

Suilend Capsule is likely to be directly exchanged for Suilend tokens.

Rootlets NFT

Rootlets is an NFT series launched by Rooter, the founder of Suilend, with a current floor price of 112 SUI. Do holders of Rootlets have a chance to receive Suilend token airdrops?

Although Rootlets officially stated that "there will be no airdrops, no utility." Rooter said "Suilend's success is Rootlets' success." Even Suilend said "Rootlets' success is Suilend's success."

And an NFT project that "will not have airdrops" is regularly taking holder snapshots, you taste it, you taste it carefully.

Rootlets announced the latest holder snapshot

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