If BNB Chain is the main force for the Chinese + Binance

Then the Sui ecosystem is the main force for Europe and America + South Korea, backed by top teams like Grayscale, Circle, and Phantom.

Last night, $WAL was listed, as the second most important asset in the Sui ecosystem (second only to $SUI), it did not go on Binance or OKX, but chose to list on Bithumb and Upbit. From the perspective of price, the effect is quite good.

On a personal level, I still hold some $WAL tokens, the simplest reason being that I believe Sui will definitely have other actions and tricks.

What to do with the $WAL that hasn't been sold?

① Official Staking: https://stake-wal.wal.app/

There is still 6% of the airdrop of $WAL that has not been distributed. If the officials are smart, they will definitely consider rewarding staking, holding, and other behaviors to encourage diamond hands in the ecosystem. Are the people at MystenLabs smart enough? The answer is obvious.

② Bluefin LP Group: https://trade.bluefin.io/deposit?poolAddress=0xbcc6909d2e85c06cf9cbfe5b292da36f5bfa0f314806474bbf6a0bf9744d37ce

The current APR is quite impressive, see the chart.

③ Bluefin Contracts (Dual Rewards)

In addition to the original trading mining rewards, extra $WAL and $SUI rewards have been added for WAL-PERP trading, with the first phase rewards being 29,600 WAL + 1,100 SUI.

Note, I personally do not recommend playing with contracts unless for hedging purposes.

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