Cetus To Airdrop 100,000 SUI To Reward All SUI IDO Participants

Key Points:

• Cetus and Suia want to provide 200,000 SUI as a prize to all SUIA IDO participants.
• The distribution will be completed in one day.
• Airdrop to each address is proportional to their purchased SUIA amount to the total.

Cetus, a liquidity protocol based on the public chain Sui, announced that Suia, the Sui ecosystem social protocol, plans to airdrop 100,000 SUI to reward all SUIA IDO participants.

Cetus decided to match an additional 100,000 SUIs to support the program, and a total of 200,000 SUIs will be airdropped to all recipients. Distribution will be done within one day. According to the announcement, the airdrop to each address is proportional to their purchased SUIA amount to the total.

Cetus Protocol is a decentralized exchange (AMM DEX) using the Concentrated Liquidity Market Maker (CLMM) mechanism built on the Sui and Aptos ecosystems. Cetus is a permissionless DEX that allows any user to have access, create liquidity, and trade.

Users can experience the project by connecting e-wallets through Sui Chain or Aptos Chain.

Suia is a social network dApp that aims to build a distinct community based on openness, empowerment, and user interaction. Those with the same assets may engage with one another, participate in events, acquire artists’ artwork, and explore the Suia ecosystem together, reinforcing the feeling of community.

Suia’s NFT Recommendations function, which uses wallet data to recommend NFTs to users based on their unique interests, is one of its most notable features. It works in the same way as TikTok’s algorithm, so if you like dancing, for example, you’ll be shown an increasing number of dance-related stuff. This will assist you in identifying NFTs that are more likely to pique your interest than others.

Suia’s main utility token is SUIA. SUIA tokens are primarily used for governance, allowing holders to vote on ideas on the project’s future and development, as well as giving them a say in airdrop prizes, the number of grants to distribute to development and strategic alliances, and adjusting the ecosystem’s parameters.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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