Sui Ecosystem DeFi Projects Cetus and Aftermath Announce Launch of Incubator

Written by: Sui Network

Cetus and Aftermath will launch two new incubators to provide developers with expert technical, operational and business advice, as well as financial support.

Sui DeFi中的去中心化交易所Cetus和Aftermath Finance项目联合Sui基金会宣布启动新的孵化器，为初创项目提供更多可行性途径。这两个DeFi项目在Sui上有着较长的历史，自去年一同与主网推出以来，目前在TVL方面位居前五。这两个项目的持久性和成功使它们能够为新项目提供关键的专业知识。

Projects entering the incubator can receive technical, operational and business advice, accelerated funding, and a host of additional support from the Sui Foundation. Both Cetus and Aftermath have become top DeFiBlockchainThe Sui Foundation will initially provide $2 million in funding to project teams accepted by the incubator, and will make further investments when high-level teams and projects emerge.

Aftermath provides a range of DeFi services, including trading, staking, and cross-chain bridges.Sui’s Liquidity Staking HackathonAftermath won the first place with its afSUI token. Liquidity staking allows users to leverage their staked tokens and has become one of Aftermath’s basic services. Its smart order routing technology relies on Sui’s very fast settlement time, optimizing trading activities.

Cetus' DeFi service combines activities such as trading, liquidity pool contribution and cross-chain bridges, with a TVL of over $150 million. It provides users with the first native liquidity layer with SuiDeepBookIn addition to retail services, Cetus also provides so-called liquidity services, which support integration with the Sui app.

The launch of these incubators puts the governance of ecosystem investment in the hands of reliable developers who have supported Sui’s progress and development from the beginning, representing an important step in further decentralizing the Sui ecosystem.

Developers interested in taking their projects to the next level are welcome to apply for the Aftermath Incubator and the Aquarium Incubator on Cetus.

Aftermath Incubator:(Related Links)

Cetus Aquarium Incubator:(Related Links)

About Sui Network

Sui is an L1 public chain redesigned and built based on first principles, aiming to provide creators and developers with a development platform that can support the next billion users in Web3. Applications on Sui are based on Move smartcontractlanguage, and has horizontal scalability, allowing developers to support a wide range of application development quickly and at a low cost.

Related Links

The article comes from the Internet:Sui Ecosystem DeFi Projects Cetus and Aftermath Announced LaunchXiaobai NavigationIncubator

Related recommendations: What new changes in ETH and other public chain infrastructure are worth paying attention to recently?

The market will have the final say on how to proceed. Written by: Lao Bai Recently, the hottest track in the primary market is undoubtedly AI, followed by BTC. The projects 80% that I talk about every day are all concentrated in these two tracks. I can talk about 5 or 6 projects a day at most. AI Project. It is foreseeable that the AI bubble will peak in the next two years, as hundreds of…