I was wondering if the Sui ecosystem has its own pendle version, and it seems that related news has already come out. It is reported that a point-based concentrated YT leveraging the BRICK points from @MMTFinance has been launched on the Nemo protocol.
Now, to mine BRICK as leverage without providing liquidity on SUI, you simply need to purchase YT.
If you buy $1,000 worth, it has the same effect as providing $75,000 worth of liquidity. However, as always, YT converges to a value of 0 once the validity period of the product ends.
Currently, the validity period of this product is until December 15, so if you're interested, you can go to Nemo and purchase either PT or YT.
For reference, if you purchase LP, you can mine both BRICK points and Nemo ecosystem points.
🥳 Big news! Nemo Point Market is now integrated with @MMTFinance Bricks 🔥
Trade on the Point Market and stack Momentum Bricks as rewards.
🤓 Quick quiz: how many MMT Bricks do you earn when you buy YT with 150% leverage?
Dive in 👉
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