Yesterday afternoon, @SuiNetwork launched a Sui Pool Party investment event on @skate_chain's AMM platform. By adding liquidity to suiUSDT-USDC or SUI-USDC pools on http://amm.skatechain.org, you can participate and earn a 10K USDC booster reward. Checked out the details, and currently, the Sui chain supports adding BOOSTED ranges, which means ultra-wide ranges with super high APY. 1️⃣ suiUSDT-USDC Choose the SUI chain, then select the BOOSTED range to enjoy up to 218% APY. Plus, you don’t need to worry about impermanent loss when forming this LP. The ultra-wide range doesn’t require constant adjustments, and the annualized yield is ridiculously high—highly recommended. Around 14,000 USDC and USDT are locked in this pool respectively. 2️⃣ SUI-USDC Adding liquidity to this pool’s ultra-wide range can earn you up to 515% APY. Perfect for SUI holders to deposit idle SUI and earn interest—it’s super appealing. Checked it out, and not many people have joined yet. Currently, only 3K SUI and 6K USDC are locked in total. The skate project team hasn’t mentioned a deadline yet, so take advantage of this amazing investment opportunity while it’s still available. But keep in mind: This annualized yield isn’t real-time; it’s usually calculated based on the last 7 days. Because of mining MMT, many people formed USDT and USDC pools. When they withdrew funds, they swapped USDC for USDT and withdrew everything in one go. This contributed to massive transaction fees. And since people keep removing LPs, transaction fees increase, but the number of people sharing the fees decreases.