A massive partnership announcement from $SUI as Google has announced the Agents Payments Protocol.
This has been built by the Mysten Labs team, the founders of $SUI.
$SUI & $WAL are both partners with Google and I think that the ecosystem is ready to do well.
Great consolidation before a big breakout.
jayplayco 🦅🟠
LP management is indeed quite labor-intensive, haha.
I was providing liquidity for suiUSDT-USDC at @MMTFinance, and when I went to claim the related fees mined this morning, I noticed something strange: it hadn't increased at all compared to last night.
Upon checking, I found that it had already bounced out of the range, so I couldn't mine anymore.
In such cases, you either have to withdraw the entire LP (since the range is already set) or wait for it to return to the range, but being an impatient Korean, I couldn't wait for it to come back and ended up withdrawing everything and recreating it.
Since this happened anyway, I briefly considered completely moving away from stablecoins to a pairing of $WAL and SUI at @WalrusProtocol. The reason is that the base APR is very high.
After some thought, since I've studied the SUI ecosystem and $WAL quite a bit, I figured that if the altcoin market starts properly, the growth of the LP itself could be greater than the IL risk, so I swapped all my stablecoins for $SUI. Setting it with a basic price difference of about +-5% gives an APR of around 220%, and if you set it to around 1%, it comes out to about 1560%. Of course, if you set it this narrowly, you'll have to keep adjusting it.
Now that I've put it in, I hope it grows well.
Walrus (WAL) is a decentralized digital currency leveraging blockchain technology for secure transactions.
Why invest in Walrus (WAL)?
As a decentralized currency, free from government or financial institution control, Walrus is definitely an alternative to traditional fiat currencies. However, investing, trading or buying Walrus involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about Walrus (WAL) prices and information here on OKX today.
How to buy and store WAL?
To buy and store WAL, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying WAL, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 1.7K new posts about Walrus, driven by 834 contributors, and total online engagement reached 145K social interactions. The sentiment score for Walrus currently stands at 83%. Compared to all cryptocurrencies, post volume for Walrus currently ranks at 2413. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Walrus.
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Posts
1,668
Contributors
834
Interactions
145,041
Sentiment
83%
Volume rank
#2413
X
Posts
1,665
Interactions
145,038
Sentiment
84%
Walrus FAQ
What is cryptocurrency?
Cryptocurrencies, such as WAL, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as WAL have been created as well.
Can I buy WAL on OKX TR?
No, currently WAL is unavailable on OKX TR. To stay updated on when WAL becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of WAL fluctuate?
The price of WAL fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
Monitor crypto prices on an exchange
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
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