👉 I started calling it out after Sui broke through the resistance level at 2 units. At that time, after chatting with a few insiders, I knew something big was about to happen. Now it's confirmed—Sui has changed hands. This time, the new players are the true OGs from the Bay Area under the Union Jack. These people play money in a completely different way. Ecosystem, technology, community—all nonsense in their eyes. The core idea boils down to one sentence: Whoever has money is the boss, and all they need to do is throw money around. Don't believe me? Let me prove it to you. Let's dive in. 🧵 🔺 What's the biggest problem with Sui? Liquidity depth is insufficient. Large transactions face slippage as high as 0.25%, which severely limits institutional entry. Momentum is here to solve this problem, which is why Qatar Royal Capital, Coinbase Ventures, and Circle are all rushing to invest. Remember, in the capital market, money flows dictate the narrative. Right now, money is flowing into Sui and Momentum—this is no coincidence. For those still fixated on ecosystem development, I suggest looking at the example of Aerodrome on the Base chain—the same ve(3,3) model, capturing 60% of the market share. 🔺 Liquidity = Everything I noticed the astonishing impact of the ve(3,3) model on other chains back in early 2023. When the Base network launched, Aerodrome, which adopted the ve(3,3) mechanism, quickly captured nearly 60% of the market share. This is no coincidence. It's the perfect application of game theory in the crypto world. What were the results? Within just 5 weeks of launch, TVL exceeded $39 million, and trading volume surpassed $870 million. Imagine the NBA's draft pick and salary cap system. This system ensures competitive balance within the league, preventing excessive resource concentration. ve(3,3) creates a similar balance mechanism in DeFi, but it’s not just about balance—it’s about exponential efficiency improvement. 🔺 Core Mechanism: - $MMT can be locked to generate $veMMT, with a maximum lock period of 4 years. - $veMMT holders vote weekly to decide liquidity reward allocation. - Projects can "bribe" voters to attract votes. - All trading fees are distributed to voters. For project teams: Liquidity that previously required 10 million tokens to maintain can now be achieved with just 1 million tokens in "bribe" costs, improving capital efficiency by 10x. For $veMMT holders: They simultaneously earn trading fees and bribe rewards, creating continuously increasing yields. For the protocol: The higher the trading volume, the greater the value of $veMMT, driving stronger lock-in demand and forming a positive feedback loop. So, these old-money players are sharper than anyone else. They’re investing in Momentum because they see Sui’s biggest weakness, and this project happens to address it. Just like Solana needed Serum back in the day, Sui now needs Momentum. Money makes the world go round.
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