Turbos has launched the WAL token pair, with a trading volume exceeding 1.5 million USD in one hour
According to official news, Sui's head ecological project Turbos Finance has launched WAL/SUI and WAL/USDC token pairs. Users who add liquidity to the WAL/SUI pair can receive SUI token rewards. Currently, the WAL/SUI pool enjoys 2000 SUI tokens mining incentives per week; The annualized yield of the WAL/USDC pool is as high as 53,000%. At the same time, Turbos has launched a single currency deposit function on DEX. Users can provide liquidity pool tokens of a single currency and through one transaction, they can provide dual-currency liquidity at Turbos via automatic token exchange by Turbos.
It is reported that WAL is the protocol token for Walrus, a decentralized storage project funded by Mysten Labs with $140 million for Sui developers. Turbos Finance was also the first DEX to launch WAL.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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