Momentum Partners with BuidlPad to Launch ‘HODL Yield’ Campaign to Boost Liquidity in the Sui Ecosystem

Momentum, a decentralized exchange (DEX) operating within the Sui ecosystem, has partnered with the global launchpad BuidlPad to introduce the “HODL Yield” campaign. This initiative, which launched on October 26 and is set to run until November 19, is strategically designed to strengthen liquidity across the Sui ecosystem while laying the groundwork for long-term growth and sustainability.

Expanding Liquidity Pools with Double Reward Incentives

The campaign features diversified liquidity pool options targeting key assets, including stablecoins, Bitcoin (BTC), and Sui (SUI). A prominent highlight of this initiative is the introduction of double rewards distributed in the form of “Bricks” tokens to all participating users throughout the campaign period. This reward mechanism serves as a strategy to incentivize community-driven liquidity, further anchoring demand in the ecosystem as Momentum approaches its token generation event (TGE).

Participants can easily get involved by connecting their Sui-compatible wallets to the BuidlPad platform. By contributing to one of the campaign’s designated liquidity pools through the liquidity supply page, users can start earning returns automatically, offering both accessibility and practicality for contributors.

High-Yield Potential: APYs Reaching Up to 155%

As of 11:17 a.m. Korea Standard Time on October 26, the campaign has shown substantial yield opportunities for participants. Certain pools, such as the Sui-stablecoin pool, report annual percentage yields (APY) as high as 155%. Other pools also deliver competitive returns, including stablecoin pools with APYs up to 15.51%, BTC-focused pools offering up to 8.74%, and SUI-related pools providing up to 10.45%.

It's important to note that these APYs are dynamic, subject to the liquidity conditions within the respective pools. Despite this variability, the campaign is structured to offer both immediate and longer-term benefits. By boosting liquidity, Momentum anticipates creating tighter trading spreads that improve overall trading efficiency. Additionally, the increase in total value locked (TVL) within the Sui ecosystem could serve as a confidence booster for current and future participants, enhancing the platform’s overall credibility and appeal.

Leveraging BuidlPad’s Expertise to Ensure Transparency

The partnership with BuidlPad underscores the campaign’s commitment to fairness and transparency. BuidlPad is a global launchpad renowned for its careful due diligence processes and regulatory compliance. The platform has an impressive track record, having supported high-profile projects such as Sahara AI, Lombard, and Soleil, and has established itself as a leader in transparent token launch methodologies.

Through this collaborative effort, Momentum aims not only to attract liquidity on a short-term basis but also to create a sustainable growth trajectory for the Sui ecosystem. Transparency and fair practices, combined with BuidlPad’s expertise, are expected to fortify users’ trust while building a solid foundation for the ecosystem’s expansion.

For those interested in tracking further developments, updates are readily available through Block Media’s channels on Google News and Telegram.