What are the IPO Opportunities During the National Day Holiday?
10-07 , 20:06
Over the past month, major projects seem to have all agreed to launch their Token Generation Events (TGEs) in September and October, and the wealth effect of new coins has been quite significant, led by STBL, 0G, and Aster.
During the National Day holiday, if you are not focused on the market, why not take some time to participate in new project launches? BlockBeats has compiled a list of several recently popular projects.
Momentum is a decentralized exchange (DEX) backed by well-known VCs such as Sui, Coinbase, and Circle. On June 5th this year, it even secured a strategic investment from VCs like OKX at a valuation of $100 million.
The product includes multi-signature fund management, token release, and liquidity provisioning. Its team, formerly known for the multi-signature wallet MSafe (Momentum Safe), focuses more on asset management security due to its background in multi-signature wallet projects.
Since the launch of its testnet at the end of March this year, it has rapidly accumulated users and funds. Currently, the Total Value Locked (TVL) has reached around $240 million, with a total trading volume exceeding $12 billion. There are over 1.7 million users and 890,000 liquidity provider addresses. By Q3 of this year, the quarterly transaction fees have exceeded $7 million.
From September 26th to October 19th, Momentum, in collaboration with BuidlPad, launched the "HODL Yield Campaign," offering up to 155% annualized yield for liquidity pools such as SUI, stablecoins, and Bitcoin. Participants can also receive double Bricks points rewards (presale allocation and possible airdrop opportunities; the official statement is that current supporters will benefit first).
The process is relatively simple; users just need to visit BuidlPad's Momentum HODL event page (official Medium has detailed instructions), connect their wallet, and provide liquidity to the specified pool (e.g., SUI/USDC, xBTC/wBTC, etc.).
During the event, earnings will be calculated proportionally. Users can deposit into the pool using SUI or a USD stablecoin, and the system will automatically settle and distribute MMT and Bricks rewards after the event ends.
Yield Basis is a Bitcoin-native yield protocol introduced by Curve founder Michael Egorov. It achieved a $50 million valuation at the beginning of the year and secured $5 million in funding.