Variant ✨

I write based on how I see things…

[Variant ✨ @theVariant18]

@cascade_xyz Waiting...

[Cascade @cascade_xyz]

The first 24/7 neo-brokerage.

Trade perpetual markets for crypto, equities, and private assets. Move USD in and out, all from one unified account.

48 hours to secure an early invite.

https://t.co/3azhduZEFM

[isti 💀🙂‍↔️ @0xisti]

Bounty platforms are broken

They either underpay creators or damage projects.

Projects get reach, creators get crumbs

Or

creators get paid, but projects get trash content

Both side lose

But.......🧵

[SOL Maxi @fuhadd_sol]

https://t.co/cH9Fg4AcZq

[Chewy @Chewy_xyz]

Chewy supply: 2750
Team allocation: 25

Chewy mint price:
- $55 GTD
- $55 FCFS
- $55 Public

See you on Monday at 8pm UTC

[Variant ✨ @theVariant18]

@Bdigital17 Stop it 🙂‍↕️😭

[ki @kiorcally]

day 1 of job application

[Variant ✨ @theVariant18]

@fineboykamal @MyriadMarkets

[Variant ✨ @theVariant18]

@Okpara081 @MMTFinance Same 🙂‍↕️

[Variant ✨ @theVariant18]

Subscription done…

[Boluson @Bdigital17]

Great content

Something wey you no read 🙂🙂

[Variant ✨ @theVariant18]

Another core product is the MSafe.

MSafe is the multisignature wallet management tool found in @MMTFinance

What it does:
• Represents the security and operational layer of Momentum.

• Makes use of the really high security features of Move language on Sui.

• Enables the creation of secure, automated, easily programmable vesting periods for the team, investors, advisors and community members.

• Stands as the best feature for management of onchain assets, and also execution of yield strategies.

gMMT @buidlpad

[Variant ✨ @theVariant18]

Standing as one of the core products of @MMTFinance is the Momentum DEX.

It can be seen as the foundation of Momentum, and it operates as a Concentrated Liquidity Market Maker (CLMM).

This CLMM design just means that as a liquidity provider, you get to concentrate your funds within specific ranges of price instead of spreading them thinly across all prices.

On the DEX, you get to:

• Easily swap your tokens with low fees, high efficiency and low price impact for large trades.

• Earn significantly higher fees on your deployed capital as an LP, etc.

…

How to get started using the DEX:

🔹Head to https://t.co/2Geyv8vFiv and connect a Sui compatible wallet

You get to see the different features available for you on the site

🔹A “Trade” tab is seen at the top of the application, where you go to perform Swaps

🔹Select the token you wish to trade from and the token you wish to receive, then put in the amount you want to trade

🔹You have the option of adjusting your slippage tolerance
- 0.5% which is the default for most swaps
- less than 0.5% best for volatile tokens
- greater than 0.5% best for low liquidity tokens

🔹Once everything looks okay to you, then you click on the Swap button, confirm and sign in your wallet, and every other thing will act accordingly.

Note that gas fees are paid in $SUI

🔹On the aspect of Liquidity provision, you need to click on the “Liquidity” tab at the top of the site, once opened you see a list of all active pools

🔹The liquidity pool list shows different columns with features like: TVL, 24H Volume, 24H Fees, APR, and rewards

🔹You can search and select whatever pool matches your strategy and risk (e.g SUI - USDC), and click on it to access the full page

🔹Once on the full page, you enter how much of each token you want to deposit, click “Add Liquidity”

🔹Confirm and sign the transaction in your wallet.

After that, your position then goes into the market!

It’s important to note that you should only connect wallets that you trust with your funds, and always go through official links.

gMMT @buidlpad

[Variant ✨ @theVariant18]

In addition to this is the xSUI, which is a native liquid staking token designed to reward users who stake their $SUI.

And with it comes benefits like:

• Yield Generation

• Liquidity Staking

• Provision of liquidity on Momentum DEX, etc

As a user of @MMTFinance you get to experience two layers of yield generation simultaneously!

gMMT @buidlpad

[Variant ✨ @theVariant18]

Standing as one of the core products of @MMTFinance is the Momentum DEX.

It can be seen as the foundation of Momentum, and it operates as a Concentrated Liquidity Market Maker (CLMM).

This CLMM design just means that as a liquidity provider, you get to concentrate your funds within specific ranges of price instead of spreading them thinly across all prices.

On the DEX, you get to:

• Easily swap your tokens with low fees, high efficiency and low price impact for large trades.

• Earn significantly higher fees on your deployed capital as an LP, etc.

…

How to get started using the DEX:

🔹Head to https://t.co/2Geyv8vFiv and connect a Sui compatible wallet

You get to see the different features available for you on the site

🔹A “Trade” tab is seen at the top of the application, where you go to perform Swaps

🔹Select the token you wish to trade from and the token you wish to receive, then put in the amount you want to trade

🔹You have the option of adjusting your slippage tolerance
- 0.5% which is the default for most swaps
- less than 0.5% best for volatile tokens
- greater than 0.5% best for low liquidity tokens

🔹Once everything looks okay to you, then you click on the Swap button, confirm and sign in your wallet, and every other thing will act accordingly.

Note that gas fees are paid in $SUI

🔹On the aspect of Liquidity provision, you need to click on the “Liquidity” tab at the top of the site, once opened you see a list of all active pools

🔹The liquidity pool list shows different columns with features like: TVL, 24H Volume, 24H Fees, APR, and rewards

🔹You can search and select whatever pool matches your strategy and risk (e.g SUI - USDC), and click on it to access the full page

🔹Once on the full page, you enter how much of each token you want to deposit, click “Add Liquidity”

🔹Confirm and sign the transaction in your wallet.

After that, your position then goes into the market!

It’s important to note that you should only connect wallets that you trust with your funds, and always go through official links.

gMMT @buidlpad

[Variant ✨ @theVariant18]

@MMTFinance What I love the most is the choice of the Tokenomics mechanism…

Already giving the token value, so we don’t experience another “Farm and Dump” 👏

[Variant ✨ @theVariant18]

Still on @MMTFinance and the campaign on @buidlpad

Do you know there’s the use of a model in @MMTFinance that prevents “farm and dump” ?

This just means more rewards for Hodlers!

I got to look into the technology behind the tokenomics, and was able to discover these things:

• There’s the adoption of the “ve(3,3)” tokenomics model.

…

But what does ve(3,3) really mean?? Now look at this…

🔹Ve(3,3) is a type of mechanism that many DeFi protocols use to design their tokenomics and rewards, and this is usually to encourage a longer term commitment from users.

It’s a combination of both Ve and (3,3)

🔹Ve stands for “vote escrowed”, which simply means the longer you lock your tokens, the more voting power and rewards you get.

Rewarding commitment over speculation!

🔹While “3,3” is from Game Theory and a symbolic way to visualize the best outcome for all users when everyone cooperates (if everyone stakes/locks), leading to more rewards for all.

It’s more like a ‘win-win’ situation.

🔹This ve(3,3) model on a DEX like Momentum is just designed to create a very powerful positive feedback cycle that will generally be of benefit to the committed users.

…

Now here’s how it works with @MMTFinance

• Instead of just holding $MMT, you can lock it and by doing that you get to receive “veMMT”, which is a non-transferable token.

• You get more veMMT when you lock your tokens for a longer period of time.

• Being a veMMT holder is very beneficial because you get to receive 100% of trading fees that have been generated by the liquidity pools you vote for.

• Liquidity providers earn 100% of new $MMT tokens and Traders get to enjoy lower trading fees and less price impact.

• And by locking veMMT, the ve(3,3) model removes tokens from the circulating supply and reduces pressure on selling, which eventually helps in maintaining and increasing the value of the token over the long run.

gMMT!

[Variant ✨ @theVariant18]

Standing as one of the core products of @MMTFinance is the Momentum DEX.

It can be seen as the foundation of Momentum, and it operates as a Concentrated Liquidity Market Maker (CLMM).

This CLMM design just means that as a liquidity provider, you get to concentrate your funds within specific ranges of price instead of spreading them thinly across all prices.

On the DEX, you get to:

• Easily swap your tokens with low fees, high efficiency and low price impact for large trades.

• Earn significantly higher fees on your deployed capital as an LP, etc.

…

How to get started using the DEX:

🔹Head to https://t.co/2Geyv8vFiv and connect a Sui compatible wallet

You get to see the different features available for you on the site

🔹A “Trade” tab is seen at the top of the application, where you go to perform Swaps

🔹Select the token you wish to trade from and the token you wish to receive, then put in the amount you want to trade

🔹You have the option of adjusting your slippage tolerance
- 0.5% which is the default for most swaps
- less than 0.5% best for volatile tokens
- greater than 0.5% best for low liquidity tokens

🔹Once everything looks okay to you, then you click on the Swap button, confirm and sign in your wallet, and every other thing will act accordingly.

Note that gas fees are paid in $SUI

🔹On the aspect of Liquidity provision, you need to click on the “Liquidity” tab at the top of the site, once opened you see a list of all active pools

🔹The liquidity pool list shows different columns with features like: TVL, 24H Volume, 24H Fees, APR, and rewards

🔹You can search and select whatever pool matches your strategy and risk (e.g SUI - USDC), and click on it to access the full page

🔹Once on the full page, you enter how much of each token you want to deposit, click “Add Liquidity”

🔹Confirm and sign the transaction in your wallet.

After that, your position then goes into the market!

It’s important to note that you should only connect wallets that you trust with your funds, and always go through official links.

gMMT @buidlpad

[Variant ✨ @theVariant18]

So much on the TL about @MMTFinance 👀

And with all that’s going on, one can easily get lost in the crowd…

Now here’s a bit of summary on Momentum:

• @MMTFinance is a DEX and also a Financial Operating System that’s seen as the central liquidity engine of Sui blockchain.

• It’s built using the Move programming language.

• Just like the Uniswap V3 model, Momentum makes use of a smart way to manage trading assets combined with the parallel execution of Sui, which helps it work fast, use assets well, keep prices stable, and also handle many trades at once.

• On the platform, you get to see features like token swaps, liquidity pools, vaults, staking, and also governance participation.

• There’s been a lot of impressive achievements including: $22B+ in cumulative trading volume as of now

• $450M+ in Total Locked Value (TVL)

• 1.7M+ unique traders/users

• Now considered one of the leading projects in Sui with regard to volume and TVL growth.

• Successfully secured funding from investors like Coinbase Ventures, Circle Ventures, Sui Foundation, etc.

…

• There’s been a recent launch of the $MMT token community sale on @buidlpad, with an aim to raise $4.5M

• The token sale offers you the opportunity to purchase the tokens before TGE and get a complete unlock at TGE.

…

With Momentum, it’s beyond just trading assets and being a DEX, but building a foundational layer with the reliability of a modern operating system where other protocols can get access to things related to finance. We

[Variant ✨ @theVariant18]

Still on @MMTFinance and the campaign on @buidlpad

Do you know there’s the use of a model in @MMTFinance that prevents “farm and dump” ?

This just means more rewards for Hodlers!

I got to look into the technology behind the tokenomics, and was able to discover these things:

• There’s the adoption of the “ve(3,3)” tokenomics model.

…

But what does ve(3,3) really mean?? Now look at this…

🔹Ve(3,3) is a type of mechanism that many DeFi protocols use to design their tokenomics and rewards, and this is usually to encourage a longer term commitment from users.

It’s a combination of both Ve and (3,3)

🔹Ve stands for “vote escrowed”, which simply means the longer you lock your tokens, the more voting power and rewards you get.

Rewarding commitment over speculation!

🔹While “3,3” is from Game Theory and a symbolic way to visualize the best outcome for all users when everyone cooperates (if everyone stakes/locks), leading to more rewards for all.

It’s more like a ‘win-win’ situation.

🔹This ve(3,3) model on a DEX like Momentum is just designed to create a very powerful positive feedback cycle that will generally be of benefit to the committed users.

…

Now here’s how it works with @MMTFinance

• Instead of just holding $MMT, you can lock it and by doing that you get to receive “veMMT”, which is a non-transferable token.

• You get more veMMT when you lock your tokens for a longer period of time.

• Being a veMMT holder is very beneficial because you get to receive 100% of trading fees that have been generated by the liquidity pools you vote for.

• Liquidity providers earn 100% of new $MMT tokens and Traders get to enjoy lower trading fees and less price impact.

• And by locking veMMT, the ve(3,3) model removes tokens from the circulating supply and reduces pressure on selling, which eventually helps in maintaining and increasing the value of the token over the long run.

gMMT!

[Variant ✨ @theVariant18]

@_voithos @MMTFinance @ChiefMoveDegen @milesdeutscher gMMT

I can definitely feel the momentum

[Variant ✨ @theVariant18]

@cherish_mma @ProjectMerlinio This is great