Momentum Finance and BuidlPad Launch 155% APY on Sui Pool
Momentum Finance has partnered with BuidlPad to launch a HODL yield campaign on the Sui network from September 26 to October 19. Users who deposit into the designated Sui pool can earn up to 155% APY. Early participants will unlock double Bricks rewards and gain early liquidity builder status ahead of the Token Generation Event (TGE). This initiative aims to drive DeFi growth, boost liquidity in the Sui ecosystem, and reward community engagement before TGE.
Bullish
The campaign’s high APY and double token rewards are designed to attract capital into the Sui ecosystem ahead of its Token Generation Event. By boosting on-chain liquidity and rewarding early adopters, the initiative can drive increased network activity and token demand, similar to past DeFi launches that led to price appreciation around major events. Traders may respond with increased SUI buying and yield farming positions, underpinning a bullish short-term outlook and strengthening long-term ecosystem growth.