Cetus Token price

Leveraging Momentum to participate in Buildpad's new offerings, let's talk about $SUI and $MMT. It has really become a routine; every time Buidlpad, there will be a special discussion about the projects listed there. As for @buidlpad, it has been introduced many times, and its greatness needs no further explanation. I wonder if it's because it's a Move system project that it specifically chose the name Momentum starting with Mo instead of calling it something like Swap. For simplicity, I will abbreviate it as MMT from here on. As of yesterday, MMT's TVL on SUI reached 460 million USD, making it the undisputed number one DEX on SUI. Of course, if you add Atpos, MMT is even the largest DEX in the entire Move system 😂. Timing and fate, we previously discussed the Cetus hacking incident. Although SUI acted swiftly, using a blacklist and proxy trading to forcibly recover the stolen funds, after this incident, the once number one in TVL, Cetus, can only settle for second place. Additionally, MMT also has LST services, promoting xSUI, similar to Lido's stETH. However, the competition for SUI LST is much fiercer than for ETH LST, and MMT's xSUI should now be in the TOP 5, but I won't elaborate further. The characteristic of the SUI chain is its relatively fast block speed (around 300ms), plus the Move system's consistent lack of authorization, so as a DEX, the user experience is quite good. Furthermore, regarding this new offering, many people have shared the rules, and I won't go into details, but I'll highlight some key points. 1. The rules this time are quite complex, so it's advisable to read the official announcement carefully; 2. Be sure to deposit 3000 U worth of MMT LP through buildpad before the snapshot (10.25), as this will lower the valuation from 350M to 250M. PS: Also, do not deposit the wrong assets; there is a specified range; 3. The more LP you deposit or the higher your participation in the MMT trading competition, the higher your limit will be. Note that this is a limit cap, not the final allocation amount; it is a sharing model; 4. The snapshot is on 10.25, so it's best to deposit a day in advance to avoid missing the snapshot. Additionally, Buidlpad has a new feature where you can form a team of 10 people. The total quality and influence of all members in the team will determine the team's total limit. Then, the content and influence are distributed at a ratio of 60%/40%, and the limit is evenly divided among team members. Participants must have their Twitter accounts linked and complete this before the deadline. Finally, I wish everyone good luck with the new offerings.