Generally, for participating in early-stage projects, Brother Qiang only chooses projects that have endorsements and investments or collaborations from major institutions ❤️
This is my third time mentioning @Momentum, I have been following up.
First of all, it is the leader in DeFi within the Sui ecosystem, ranking first in TVL, trading volume, and user count, truly a king.
🔥 Here comes the key point: Momentum is working on RWA (Real World Asset Tokenization), which is a trillion-dollar level track. The on-chain US Treasury bonds have already reached a scale of 7.4 billion dollars, and the future is a large market for global bonds ($140T+) and securities ($220T+).
The problem is that there are three major pitfalls with RWA on-chain now:
1️⃣ Each platform plays by its own rules, and users have to repeatedly upload their information.
2️⃣ Compliance relies on off-chain execution, which is neither transparent nor efficient.
3️⃣ The same assets, tokens issued on different platforms do not recognize each other, leading to completely fragmented liquidity.
👉 Momentum X is here to address these pain points:
• One identity verification, universal across the network ✅
• Compliance logic written into code, automatically executed ✅
• Cross-chain free circulation, liquidity truly unified ✅
In simple terms, it means breaking down the barriers between DeFi and TradFi, so that in the future, all global assets can be on-chain and can participate in DeFi.
📊 The data is also solid:
• TVL has exceeded 150 million US dollars
• Over 2 million users
• Cumulative trading volume exceeds 10 billion
⚡ Final benefits reminder:
The mining event jointly organized by @Momentum and @okxweb3 has been extended to September 22. Those who haven't participated yet can hop on:
👉
Don't just watch others eat meat, you can give it a try this time too.