Today I’m testing @steammfi on @SuiNetwork, which just launched its BETA today!

@steammfi is an AMM (Automated Market Maker) with a little twist: it deposits unused liquidity on Suilend to generate additional yield.

The project is fully connected to @suilendprotocol, which rewarded early participants (2% of FDV shared between 3500 wallets).

No point system for now? Perfect! @suilendprotocol had already rewarded active users BEFORE the point system was implemented!

I’m using it with a small amount for now, but I want to mark this protocol on day 1! You never know how it could evolve.

1⃣ I swap some SUI tokens to USDC

steamm.fi/swap/SUI-USDC

2⃣ I deposit my tokens into a SUI / USDC pool

steamm.fi/pool/0xfa57ae4…

Nothing more to do for now.

Since the protocol is brand new, there are some great APYs to chase, but they might drop quickly.


I’m not publishing the White Paper because it’s hard on the eyes, but here’s the documentation: docs.suilend.fi/steamm/steamm-…

😘