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Highlight: @MMTFinance new vaults
Within the DeFi LP world OG V3 brought concentrated liquidity to LP's and with it better yields and deeper liquidity - but when your position moves out of range, you can suffer big IL + lose yield.
Momentum on $SUI has partnered with @Official_NODO + @nemoprotocol to create rebalancing vaults that automatically keep your LP in range with minimal effort.
> No manual adjustments
> No surprise liquidations
Automated strategies managed by top asset managers
🔹Always in range to capture optimal APY
🔹Secure & tested with no surprise liquidations
🔹Hands-off experience so LPs can maximize profits with minimal effort
Good progress from Momentum so far with $170M TVL and 1.7M+ users. Multichain vaults are coming soon which will pull liquidity from other ecosystems straight into Sui.
Momentum are currently running a kaito leaderboard so I'll be highlighting their features + updates. I'm looking forward to exploring the SUI ecosystem.