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TechFlow reports that Fluidity, a liquidity incentive layer project, has announced receiving a grant from the Sui Foundation and is expected to launch on the Sui blockchain in early 2024.
Fluidity Money is a DeFi protocol that allows users to wrap stablecoins in exchange for liquid assets (i.e., USDC → ƒUSDC). The deposited stablecoins are lent out on money markets such as Aave and Compound, with generated yields collected into a reward pool.
Fluidity, a liquidity incentives layer project, announced it has received a grant from the Sui Foundation and is expected to launch on the Sui blockchain in early 2024. Fluidity Money is a DeFi protocol that allows users to wrap stablecoins in exchange for liquid assets (i.e., USDC - ƒUSDC). The deposited stablecoins are lent out on money markets such as Aave and Compound, with generated yields collected in a reward pool.
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