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Cetus Protocol sets up a special development fund to promote a new round of ecological project IDO and series of airdrop activities

CointimeCointime2023/11/15 13:21
By:Cointime

On November 15th, Cetus stated that internal team members of SUI will promote the IDO process for some high-value ecological projects on the chain. It is reported that some of these projects have reached deep strategic cooperation with Cetus and may use Cetus as the designated liquidity provider platform for the project in the future.
To promote the development of these high-quality ecological projects on SUI, Cetus has established an exclusive development fund as a development booster for these projects, and plans to provide benefits to users who support these projects through airdrops. Currently, the rules for fund distribution are being discussed, and it is expected that the airdrop rules will be related to the addresses holding Cetus on the SUI mainnet.

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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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